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Can everyone just step back and realize how insane it is that the US Supreme Court had to rule on the constitutionality of the US CONSTITUTION and the vote to uphold the Constitution wasn’t unanimous!!!
Gavin Newsom @GavinNewsom
The Constitution barely survived today.
By a 5-4 vote, Trump’s Supreme Court declined to let him rewrite the Constitution and end birthright citizenship.
We’re hanging on by a thread. The fight to defend our democracy is far from over.
Gavin Newsom orders 90,000 California state workers back to the office four days a week.
In a blow to Trump, the Supreme Court ruled Monday that mail-in ballots are valid as long as they are postmarked by Election Day.
@jimstewartson Jim Stewartson
In order to understand the true evil of the broligarchs, you need to understand where they come from.
Elon Musk Did you know that, according to his father, the richest man in the world is named after the leader of a Mars colony in a sci-fi book written by the Nazi who invented the V2 rocket for Hitler? Elon’s grandfather was a major Nazi too.
Peter Thiel was raised in the most Nazi town on Earth while his father ran a secret uranium mine for the apartheid S.A. government’s illegal nuclear program.
Once you understand that he was a young gay boy who went to a Christian school where they greeted each other with “Heil Hitler” everything makes a lot more sense.
This is where he lived until 11 years old. The “most Nazi town on Earth” in a South African context points to Swakopmund, a coastal resort city. After WWII, the town was known for a German population who glorified Nazism, celebrated Hitler’s birthday, and used “Heil Hitler” Nazi salutes well into the mid 20th century.
THROW THEM BOTH OUT OF AMERICA
@PopularLiberal
“THE DOGE DATA BREACH IS A NATIONAL EMERGENCY”:
Elon Musk’s “DOGE” reportedly leaked the personal data of 300M+ Americans—SSNs, bank info, and medical records—onto a vulnerable cloud.
Federal judges ordered it deleted, but they ignored the order. The DOJ allegedly handed the data directly to Musk’s team. A whistleblower warned we might have to reissue every Social Security number in America.
The weak sheep are clapping while their identities get sold down the river. You got played by a guy who named a government agency after a meme coin. They are watching you right now.
Demand a full investigation into DOGE and Musk NOW.
Doe v. Trump, 1:16-cv-04642 – CourtListener.com
https://www.courtlistener.com/docket/4357335/doe-v-trump/
New: A parasite that causes explosive diarrhea has reportedly spread to 20 U.S. states.
“I have the luxury of being at Coinbase, and seeing stuff that doesn’t make the front page news…”
“40 countries commit to buying bitcoin in some fashion for their national balance sheets”, says a senior executive at America’s largest bitcoin exchange. ANON
ESSAY: Shanaka Anslem Perera
“It is illegal in America for a stablecoin to pay you interest. The issuer takes your dollars, earns the yield, and a 2025 law bars it from passing you a cent. So on June 30th, 140 of the largest companies on earth announced a coin built to capture that yield for themselves.
THE STABLECOIN
Start with the prize. A stablecoin is a dollar you swap for a token. The issuer parks your dollar in Treasury bills at 4 to 5 percent and keeps the interest. Tether did this so well it cleared about 13 billion dollars in 2024, one of the highest profits per employee in business history, and now holds roughly 141 billion in US Treasuries, the 17th largest holder of US government debt on earth. It charges no fees and pays holders nothing. The float is not part of the business. It is the business.
The part that rewrites the story is the law itself. The GENIUS Act, signed July 2025, makes it unlawful for a stablecoin issuer to pay interest to the people holding the coin. But it binds only the issuer. Route the same yield to a partner or an exchange, and the statute goes silent. That gap is the entire design of Open USD. It mints and redeems free and sends the reserve income to the 140 partners who drive adoption, names like Visa, Mastercard, Stripe, BlackRock, Coinbase and American Express. Not to you. You are barred from earning it by law. They are not.
So this is not democratizing the float. It is the loophole, industrialized. These same firms are already inside the old game. BlackRock manages Circle’s reserves. Coinbase already collects a slice of Circle’s interest that grows with how much of its stablecoin sits on Coinbase. They are not disrupting the incumbents. They are scaling the trick and keeping the yield among themselves.
None of this touches Tether yet. It sits offshore, beyond GENIUS, with 570 million users and an emerging-market moat no US consortium reaches, and it is launching a compliant US coin of its own. Open USD is a day old, not live, and it is plumbing, not a token to buy. Anyone selling you “OUSD” today is selling a scam.
But strip the press release and the structure is bare. A law decided you cannot earn the interest on your own dollars. The biggest firms in finance just built the machine to earn it instead.
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