🚨 LAST MINUTE: Powell accuses DOJ of "extortion" over Interest Rates | Where Will Capital Flee?
The financial world is in shock. Jerome Powell has just confirmed that the Department of Justice (DOJ) has issued subpoenas and threatens criminal charges under the pretext of irregularities in the Fed's headquarters renewal. However, Powell has been firm: "This is retaliation for refusing to lower interest rates according to the president's preferences."
The Fed's independence under threat
We are facing an institutional crisis that could change the rules of the game. If monetary policy starts being driven by political intimidation rather than economic data, confidence in the dollar and the traditional financial system could be shaken. In this environment of total uncertainty, the need for sovereign, private, and decentralized infrastructures ceases to be an option and becomes an urgency.
Privacy vs. political control: While traditional institutions face pressure, DUSK offers an infrastructure where institutional privacy and regulatory compliance (MiCA) are safeguarded by mathematics (Zero-Knowledge Proofs), not by political whims. The DUSK coin is the engine of this financial freedom.
Data immutability: If audits and records can be used as political pretexts, Web3 needs @Walrus 🦭/acc . #Walrus guarantees that massive data storage is truly decentralized and indestructible. With WAL, information cannot be manipulated or censored by any government entity.
Conclusion
The attack on the Fed is a warning sign. As interest rates become a political weapon, projects like Dusk and Walrus are building the new system where code is law and privacy is a sacred right.
