Guest Speaker Slides
Brookings on Stablecoins
White House Fact Sheet:GENIUS Act
Podcast Surveillance Coin--The Riseof GENIUS and the Fall of Freedom
Potpurri
100

According to the guest speaker, this is the front runner that implements the decentralized ledger technology. 

What is blockhain? or What is the blockchain?

100

This many/this amount of stable-coins are egged to the U.S. dollar. 

What is almost all and/or approximately 99%?

100

These are the first three assertions about the GENIUS Act in the Fact Sheet. 

What are prioritizes consumer protection, strengthens the U.S. dollar's reserve currency status, and bolsters our national security?

100

The podcast begins with an allegation that this company is at the center of the surveillance scheme in the GENIUS Act and that the company weaponizes data. 

What is Palantir Technologies?

100

Some people allege that stable-coins are and can be used for surveillance due to this feature of public blockchains. 

What is the transactions are traceable in near real-time? 

200

These are a subset of blockchain whereby the blockchain is programmed and these are coded and operated on the blockchain. The blockchain automates the execution and enforcement of these: no human is involved n the decision-making. 

What are smart contracts? What is a smart contract?

200

This is the primary use for stable-coins. 

What is for trading crypto assets?

200

The GENIUS act requires what percentage of reserve backing with liquid assets like U.S. dollars or short-term Treasuries and requires issuers to make monthly, public disclosures of the composition of reserves. 

What is 100%?

200

The podcast alleges that the company seeks patterns in this information about American citizens. Name the three identified areas. 

What are your tax returns, your medical history, and your geo-location?

200

Some people have argued that the feature of the blockchain that transactions in the blockchain are traceable in near real-time makes it perfect for use in these types of legal and regulatory compliance contexts. Name two.

What are financial reporting, tax reporting, audit reporting, SEC compliance, Sarbanes Oxley (SOX) compliance. You only need two. 

300

These are two of the regulators of cryptocurrency. {Note that more than two are named in the slides.} Use the acronyms for agencies. 

What are the SEC, CFTC, FinCEN, IRS, OCC/Banking, and the States

300

This is the name of the second largest online payments processor that now enables users to pay U.S. merchants with stable-coins. 

What is Stripe?

300

The Fact Sheet asserts that this will happen as a result of driving demand for U.S. Treasuries, stable-coins will play a crucial role in ensuring the continued global dominance of the U.S, dollar as the world's reserve currency.   

What is ensuring U.S. dollar reserve currency status?

300
The GENIUS Act requires issuers to maintain the ability to do these two things to to stable-coin/funds when presented with a lawful order. 

What is freeze or/and seize?

300

According to the chain analysis article, these are some of the security challenges of stable-coins. Name three. 

What are smart contract vulnerabilities, attack surfaces where price manipulation or oracle failures can destabilize the entire stable-coin ecosystem, phishing and social engineering, rug pulls and exit scams, flash loan attacks, impersonation and fake stable-coins, and custodial breaches? 

400

Under the GENIUS Act, what are the two paths for regulation of stablecoins?

What are federal and state(s)?

400

In July 2025, Congress passed this law, which establishes a federal regulatory framework for stable-coins. 

What is the GENIUS Act?

400

The GENIUS Act explicitly subject stable-coin issuers to this law, thereby clearly obligating them to establish effective anti-money laundering and sanctions compliance programs with risk assessments, sanctions list verification, and customer identification.  

What is the Bank Secrecy Act?

400

As speaker on the podcast refers to the importance of Palantir in world finance and record keeping as "governance by..." this. 

What is surveillance? What is governance by surveillance?

400

The Fact Sheet asserts that this federal executive agency will better be able to combat illicit stable-coin activities by enhancing its sanctions evasion and money laundering enforcement capabilities. 

What is the U.S. Treasury Department?

500

These are three transparency and anti-fraud provisions in the GENIUS Act. 

What are monthly disclosures, annual audits, and no government guarantee?

500

This state started requiring in 2015 that businesses engaged on any of several activities involving crypto assets to obtain a dedicated BitLicense and comply with standards including capital requirements, AML programs, and consumer protection.  

What is New York?

500

President Trump has promised to make the United States into this.

What is the crypto capital of the world?

500

The podcast alleges that the development of the GENIUS Act and the use of Palantir to track data will lead to the U.S. being like this country

What is China?What is the People's Republic of China?

500

According to the guest speaker's slides, it is almost impossible to alter or tamper with blockchain because the hash is created by this. 

What is an algorithm based on the data in the block and new transactions and the previous hash?

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