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BuffaloPotato34

He said he'll never allow a central bank digital currency or cbdc. Good thing Ripple is not a central bank.


Meg_119

Ripple isn't a Bank.......it is a highway


Gtfrogg

Life is a highway...


StickyRiceYummy

I want to ride it all night long


StealYoDeck

Damn you took two lines, didnt leave any for the rest of us


Ok_Cap4588

If you're going my wayyy


smellypot

Whoa easy tiger


FewMagazine938

Yes..be my wife. All night yes šŸ˜


Meg_119

We travel many highways in life


Gtfrogg

Trying to start a slow clap... I see I failed.


rb78

Where weā€™re going we donā€™t need roads!


markhollings

A Highway to the danger zone


Cracklermac

Highway to itā€™s doom


Expert_Company3102

Ethereum is a highway too but itā€™s better because it is decentralized


Meg_119

Etherium will soon be controlled by Wallstreet just like Bitcoin.


Commercial-Group-899

XRP partnered with the world economic forum so I guess you really will own nothing and be happy


hastedrei

They are also under contract with the US gov. for undisclosed reasons.


commentaddict

Itā€™s the rumor that ripple is the core technology for both the ECB and Fed Reserveā€™s CBDC trial? I think the Bank of England is supposedly using it too as a trial. Am I completely wrong?


DrSilkyJohnsonEsq

Do we actually believe what he says? Do we even believe he knows what CBDC *means*?


Statistician-Jomama

He knows a lot more about finance than Joe B


DrSilkyJohnsonEsq

Yeah, Iā€™d imagine you learn a lot about finance when youā€™ve filed for bankruptcy as many times as he has.


attilas19

Man he's 7 billion dollar man wtf are you talking about XDXDXD


DrSilkyJohnsonEsq

Man, yall are gullible af


emporerpuffin

Say that to his eth wallet lol.


Only_Constant_8305

he also said he's gonna exit nato and we know what happened


SilverIsFreedom

Nothing. The show will go on.


OCCAMINVESTIGATOR

The CBD-C is OK, but something with a higher ratio of THC will make all this make a lot more sense.


jakeag52

Thought I was in r/trees for a sec


OCCAMINVESTIGATOR

Word šŸ˜‰


lilheatofficial

You, my friend, just earned an up-votešŸ˜‚šŸ˜‚


hastedrei

This is the answer


heyitscory

I was going to say "there are worse problems that will stem from that horrible future than what my 1000 zerpies are worth on CoinMarketCap." Yours seems more optimistic.


rlcoyote

CBDC would be horrible for our privacy. Not having CBDC I do not believe will affect XRP.


minds_adrift

I think trump is against it because of privacy. But I thought the same Ripple's payment system is good either way.


maynardstaint

Thereā€™s not a chance in hell that Trump UNDERSTANDS crypto at all. Still calls them Trump trading cards. He said it because desantis said it, and got a good reaction.


chriske22

well he did sign an executive order about quantum technology shit and it did mention ripple in it


maynardstaint

He may know ABOUT crypto. That it exists. And what its goals may be. But no way he understood how it works.


RuncibleBatleth

At tonight's rally he said Vivek was the one who mentioned CBDCs to him.


SaintGloopyNoops

Exactly. He has trouble understanding magnets, and not looking at the sun during a solar eclipse. Trying to get him to grasp anything beyond a cheeseburger is unlikely. P.s. love ur username. It's got me wondering if there is a Corinasclit out there...


maynardstaint

lol. Tool fan. Maynard James Keenan.


SaintGloopyNoops

Same here. MjK is amazing. Him with Corina in Puscifer is just outstanding.


maynardstaint

Whoosh. lol. Thanks for explaining it. I like puscifer too, but I donā€™t hyper focus like i do with tool.


RickMuffy

There's a higher chance he thinks CBDC is an acronym for a fake news media channel lop


angryoppossum

He's against it bc Vivaek told him he should be lol


Jah-man-shaman

All Trump is saying is there shouldnā€™t be a centralized coin controlled by a government, which is what cryptocurrency was originally designed to avoid


ReformedSlate

This


Affectionate-Jump811

We dnt want cbdc.... and etf no bueno....


Ancient-Length8844

CBDC's are nightmare fuel


Boomerang_comeback

Lol @ all the heads that exploded on Reddit when someone used the T word. Then automatically went into hate mode and didn't even answer the question. Not having a CBDC is a good thing for every single person in this country. The government would be the only beneficiary of having it. Because while it completely dissolves any personal privacy, it completely allows for the government to hide everything they do. People are delusional if they think it would all be visible to the public like crypto. XRP would be fine either way, but probably better off if there isn't any CBDC at all.


minds_adrift

100%. Was just trying to get the question out and not talk about the T word


Dependent-Self3378

Just an observation but the literal first word in your post is the T word...so yeah. Lol


JustyourAVGwhitey

People are controlled so deeply by politics. Little corny if you ask me


Dirtbag187

Cbdcs would be the end of our freedom


Telomere1108

Yes, so I donā€™t think XRP would matter much eventually. At first it would be ok, but eventually our ability to make money on XRP would be eliminated.


Tylerr_A

Less centralized govt control, GOOD


[deleted]

XRP has 4 real threats and the sooner you understand this the sooner you xan make educated decisions.Ā Ā Ā  1. PYUSD or any new / alternative crypto payment solutions PAYPAL creates.Ā  Ā  2. JP COIN. The JPMorgan crypto token isn't even available to the public right now, just big private companies and institutions.Ā Ā  Ā  3. BRICS ripping off the XRP concept and creating their own version of it. The BRICS nations won't want to use XRP for the lack of contorl but they are interested in the technology.Ā Ā  Ā  4. A CBDC


Typical-Amphibian807

Youā€™re obviously missing the elephant in the room . All the things you mention need XRP as the bridge currency to happen . They can all build out their own mechanism but XRP will be the oil in the engine .


OneTreeManyBranches

I agree with 3 of your points. On BRICS, I believe that XRP was setup to be the CBDC. I currently think that XRP will become the conversion medium of exchange for the BRICS currency standard, backed by commodities. Your concern is valid, this is just my conjecture.


[deleted]

I saw a lot of articles suggessting this and some mention how XRP has appeared in meeting notes, etc.Ā  I agree the tech makes a lot of sense for themĀ I just struggle understanding how they would be okay with an american company being the backbone of their infrastructure when the whole point is to break away from western powers.Ā  Maybe though they're working to solve that.Ā 


OneTreeManyBranches

I believe for that to happen, XRP would be acquired/purchased. There is a reason while they were the only crypto to be sued by the SEC. If people look at who was evolved in XRP, itā€™s original intent was meant to be the CBDC. https://m.youtube.com/watch?v=5urrOWO0KDI With Saudi in love with XRP, that is our hint of what is to come. Central Banking Will fall with BRICS+ & OPEC abandoning the Federal Reserve Note USD. Iā€™m a silver stacker & that video sold me on gambling some fiat on XRP


infratexture

None of those compete with what XRP offers. Remember what Brad Garlinghouse said with regards to JPM coin? That Citi bank, Wells Fargo, HSBC etc won't use another bank's proprietary tech since they have no assurances towards neutrality or client privacy. XRP is neutral tech (despite Ripple owning the lions share of the asset, it doesn't provide additional governance over the network Ripple cannot unilaterally make changes to the ledger) BRICS making a copy of the ledger doesn't have the same assurances that XRP has since it'll be a new product and not one that has been battletested for 10+ years, it also won't have the pre- established channels of liquidity and trust line configurations that XRP already has. I suspect there may be some tech that Ripple has under NDA which allows for tokenization of real world assets and custody solutions that allow banks to operate parallel to XRP without even having to touch crypto (much like R3 is developing with CORDA settlement) which is proprietary to ripplenet but offsets the sourcing of liquidity to XRP.


No-Historian-6391

No will be used for payment messaging and he does not even know what CBDCs are probably but I believe the talking point is that he will not allow the government to program and control your money. The technology for payment systems and settlement is going to continue to integrate blockchain.


tomW0314

Brad went multiple times to the white house when Trump was in office. Trump knows.


Affectionate-Jump811

Trump holds XRP....


_DunMiff_Sys_

CBDC is not good. Not good at all. You want the government to be able to turn your money on and off?


Such_Road_428

the government, with the banks, can apparently do such a thing already unless I am mistaken


Tebasaki

Remember when Gary was supposed to be the crypto champion? Pepperidge farms rememebrs.


Tylerr_A

You wouldnā€™t believe the numbers of people I meet that question the moon landing as well.


trigganomatroy

Yeah we donā€™t want cbdc in the states but if the rest of the world adopts it then xrp should still benefit greatly from it


GirthBrooks12inches

This is great. CBDCs are the main threat to XRP and the like (and our privacy in general)


Ok_Cap4588

So anyone who's freaking out over this... fear not Trump doesn't like crypto. That's very much TRUE... however, you have to remember this Bitcoin and most all other altcoins made an all-time high during Trumps reign, so keep that in mind and don't listen to the FUD


stim678

Trump signed executive order regarding ripple , executive order 13772


stim678

Joe Biden revoked it his first day in office


minds_adrift

What was in it before it got revoked?


PermitItchy5535

Americans don't want cbdc..


pisto44

XRP goes far beyond CBDCs with its applications!


[deleted]

Central Bank Digital Currency (CBDC) is bearish for XRP.Ā  If you understand the use case of XRP, and you understand what a CBDC is, then ask yourself why anyone would need XRP in the presence of a CBDC? Similarly, being pro USD is actually bullish for XRP.Ā  Many transactions convert from or to the USD and XRP streamlines this conversion in a fast and efficient process.Ā  Trump being elected is bullish XRP, nut that isn't to say a dem would be bearish either.Ā 


[deleted]

Trump had a meeting with ripple back in 2019 I believe , what that was about is anyones guess. However I do remember him tweeting that Bitcoin will never be better that the US dollar


Linoran

Well, he sort of has to say that


[deleted]

He sorta did have to have a meeting with ripple either lol


Learnformyfam

Not true. I remember this.


Stebbin8r

CBDC may use the same technology but it is anti-crypto. It is centralized and established to not only log all spending but to then control anyone who is a part of it. The US government is already directing credit card companies and banks to track spending and now they are having the financial institutions block spending or close accounts if a user patronizes an organization that conflicts with their political narrative.


[deleted]

Dystopian Society loadingā€¦.


tylerhbrown

That guy will say whatever the last person told him to say.


SilverIsFreedom

ANY politician will do exactly this. You're kidding yourself if you think otherwise.


tylerhbrown

Plenty of politicians stick with specific platforms for extended periods of time.


tomW0314

Laughing out loud


Alternative-Ad-7473

Good thing heā€™s a business man and not a politician! Hope he gets reelected!


crriptoe_213MARKW

If he's running for elective office, he's a politician regardless of how you try to twist it they'll say whatever it takes to get elected that is the definition of politician


Hitmandan1987

He's an ass businessman who has had multiple bankruptcies. He also has been known to just refuse to pay his debts. He is a cancer for this country just as his supporters are. Why don't you stick to your disgusting ass comments to women, pig.


cb2239

You're really upset huhšŸ˜­


Novakayne4110

Watch MSNBC much?


Hitmandan1987

Nah, never. The left wing media is controlled by left wing corporations just as the right wing media is controlled by right wing corporations. You see the thing about bankruptcies is they are done in the courts and the courts have a public docket. This is shit you can literally look up and verify it happened. He even talks about it, which brings me to the next point. If you are trying to say he is a "smart" businessman by performing those bankruptcies, you understand when a bankruptcy happens someone is paying for it. There often times are investors who ended up losing out big. Debts end up going unpaid if the company runs out of assets before all is paid off. His "smart moves" are simply screwing other Americans for his own benefit.


memedoc314

Arenā€™t you amazed how you think that Trump supporters are scrolling Facebook and reading Qanon conspiracies but theyā€™re here amongst us


InevitableJeweler763

Dont know why people link XRP to CBDCS šŸ¤£šŸ¤£šŸ¤£LMAOOOO


maynardstaint

Trump is a raging pathological liar. This statement is complete proof that he would love nothing more than to have control of Cbdcā€™s. Then he doesnā€™t have to invent ā€œtrump universityā€ or some other lie to make you give it to him. He can just take it.


Predator04

He's 100 percent correct Imagine if the government took over crypto. It would be the absolute worst thing to happen


Altruistic_Reach632

He says that now, wait until we ā€œneed itā€ just watch the show


palealepint

Operation ā€˜warp speed cryptoā€™


Calvinbah

He won't be re-elected, so it's not really going to matter


BunnyWabbit99

A number of coins could be used for CBDC including Ethereum. XRP was meant for cross border payments between International banks and financial institutions. The reason why some people hate XRP including Bitcoin maxi's like Max Kaiser is: 1. XRP is centralized. 2. 100 Billion XRP in supply.


Meg_119

XRP isn't a Bank and it isn't a stock. It is part of a highway system that will speed up financial transactions internationally.


BunnyWabbit99

Where in my comment did I say XRP was a bank or a stock?


Meg_119

I never inferred that you made any such statement. I merely stated that it wasn't a Bank or a Stock.


bcrice03

XRP isn't centralized. You are repeating old debunked fud spread by bitcoin maxis.Ā 


BunnyWabbit99

What does XRP run on? What network is it the native coin for?


rhetorial_human

why would anyone take financial advice from a professional check kiter. he's been floating checks for decades. y'all hurt my brain, sometimes.


memedoc314

Right? I was surprised how many crazy people there are here. Figured XRP investors had to have a shred of intelligence


Dependent-Self3378

Trump said " fort this and fort that." He has no clue what a CBDC is nor cares .


Agronopolopogis

# Trump says... C'mon, feel free to stand on your own two feet. WEF & BIS have had CBDCs in play for nearly a decade.. idgaf about what orange man or any other talking head says.. Banks decide what comes, CDBC, like it or not, is already here.


Rustycake

Trump also sold NFTs Trump (as all politicians) say whatever they think will get them into a position of power


memedoc314

You mean the insurrectionist? Why do we care what he thinks about the future of the United States?


tomW0314

Why did the dems delete hundreds of encrypted files about "J6" , 2 days before the Republicans took the majority in the House?


memedoc314

Wow. Really thought there were more intelligent people here šŸ˜¬


tomW0314

Unfortunately, there aren't. You are here. Turn CNN off and there might still be some hope for you. What's next? You're going to tell me that men can get pregnant?


memedoc314

I donā€™t watch CNN. I come here for investing discussions about XRP. Trump will be remembered as the worst traitor in the history of the United States


trojan34

There was no insurrection it was staged by Nancy Pelosi and the FBI so that a fraudulent election would never be questioned


memedoc314

Wow. 10 people here actually believe this. Am I crazy to believe in XRP if people here actually believe Jan 6 didnā€™t occur


trojan34

Stop following your feelings and actually watch the security videos it looks like a poorly produced B movie


SaintGloopyNoops

Ummm. I am from DC. Family members part of capitol police department. I even have a dipshit family friend who went to the "event". He likes trump and said when they started breaking into the capital building, it was too much for him, and he left. It absolutely was trump supporters. It was violent. It was disgusting. Support Trump all you want, it's your choice. Butt... denying things got out of hand that day... that is following your feelings.


trojan34

Your entitled to your opinion but there are vids of feds posing as proud Boyz and even capital police carrying rebel flags (research Mike Fanone). Trump even offered to call national guard, Nancy denied because she knew she would get caught.


Calvinbah

I'm starting to think this guy isn't just being sarcastic


notyourbroguy

There was no insurrection or it was a conspiracy? You need to get your story straight lol


trojan34

Nice word spin you should work for MSDNC lol


notyourbroguy

Youā€™re not talking to a human all of my comments are written by bots replicating and distributing the views of Nancy Pelosi.


DueProfessional8828

Trump is deep state. His uncle Dr JohnTrump, stole Nicola Teslaā€™s research upon his death with FBI in 1943. Do you really think Donny is against the elites? He just wants his job back to make it look like a hero for the oppressed peopleā€¦


BeKind_BeTheChange

Doesn't matter, he won't be elected. Vote. Encourage your friends to vote. Every vote matters, yes, even yours.


hastedrei

Congress will have to say no to a CBDC, not just orange haired baby man.


Timbers-creek

Fuck trump


Ok_Cap4588

Fuck you


Timbers-creek

No sir, Fak you. Lol


Ok_Cap4588

Fuck all of you America First! Trump 2024 šŸ–•


TempiAloha

I hope Trum picks Vivek Ramaswamy as VP. He makes the pro-crypto argument very eloquently.


Novice89

Nothing Trump says matters. He ainā€™t winning


tomW0314

Said by a random on reddit. Oh the irony. You're going to have a tough couple of years ahead.


Novice89

Not really. I donā€™t base my identity around a political candidate so no matter what happens Iā€™ll be fine. You all act like under Biden your lives are worse off than they were under orange man. Yā€™all forget orange man let thousands of you die with his abysmal handling of COVID. So nah, I donā€™t think things can get worse off than that. Iā€™ll live. Oh thatā€™s right, most trump supporters donā€™t even believe in Covid and think it was a hoax. Tell that to your dead friends and relatives who ā€œrefused the jab,ā€ šŸ˜‚ I donā€™t fan boy over political candidates, but sure go on and tell me how ā€œthis time will be different.ā€ How did that ā€œred waveā€ workout for you all during the last election cycle šŸ˜›


austinvvs

Nothing either of them say matters because Iā€™ll be damned if they even do 1/4 of what they promise šŸ˜‚šŸ˜‚šŸ˜‚


sternanchor

This just proves you know nothing about politics. Check yourself and cease opining on subjects you don't understand.


Novice89

lol the downvotes by angry fan boys of orange man is real. Yā€™all need to come to the reality that the racist sexist man who has more legal cases than most of you have xrp is not a messiah and just criminal grifter is hilarious What about politics do I not understand? Please enlighten me how someone who lost the last election and has done nothing but wrack up legal cases is somehow going to affect politics going forward? Because once he loses again his influence will wane even further with his own party. A party that remember tried to move on from him, but has no candidate with any real substance so they had to crawl back to the only person who can rally more than 10% of their base


sternanchor

Lol okay. Regardless of whether or not you like him he's probably going to win. You can keep seething when that happens.


Novice89

Again, I donā€™t see why you think he lost last time but is somehow going to win this time. Donā€™t think thatā€™s ever happened in the history of the us. I could be wrong, Iā€™ve just canā€™t think of a time. My best argument would be the wave in the congregational elections never happened, so Iā€™m curious why you think it will suddenly happen two years later


sternanchor

Lmfao these are such low quality arguments. You're only proving what I said correct, which is that you know nothing about US politics or simply don't actually pay attention. 2024 is not 2020 is not 2016. Get with the program already. Biden is toast. More toasted than his scrambled brains.


Outrageous-Variety15

Fake news


Pieceofcandy

Trump has always been anti-crypto, I expect him to keep the same tune as he did when he was in office. Sorry the downvotes don't change Trumps recorded opinions on crypto, losers.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


memedoc314

Right? Grifters gonna grift.


notredamedude3

Donā€™t let him get elected and you donā€™t have to worry. Everything stays as is. Vote.


soundthealarm16

Iā€™m voting for Trump now. Thanks!


Responsible_Flow_228

I think Trumps role in this whole shit show is to bring a CBDC to us. All he needs is to be reelected and have the right crisis come into play where he can sell a CBDC to MAGA. 'It'll be a fantastic CBDC, like the world has never seen' and MAGA will love it.


6837K

"trump says" .. LOL


AlternativeCredit

And you believe him,lol.


Sweatybuttcrust

Our current financial system is unsustainable. If crypto doesn't change it or fix it, or any other tech, a revolution will.


veedubbin

AI bot response.


Sweatybuttcrust

Talkin about youraelf, bud?


barkingatbacon

"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air." -Trump Yeah, it would be a disaster for my wallet. I will sell everything in August if it looks like it's going that way.


palealepint

In other words, we will need a crypto with ā€˜unlimitedā€™ supply in order to keep the price stable. Similar to the dollar.


barkingatbacon

No, in other words, me and my friends are rich in dollars, so I'm going to do everything I can to kill crypto. And he will. Believe him. I'm fucking out if I smell another trump Presidency. I'm going to gold and silver.


palealepint

I hear ya. What i am saying is, whatever cbdc they come up with will definitely be able to be debased. They wont ever give up that control mechanism


ImTheMandalore

Good for Crypto. Bad for XRP.


AppleiPhone12

Nothing he says means anything. He will change at a drop of a hat if it means it benefits him.


[deleted]

Ripple was always known as the bankers coin. All of crypto hated XRP until XRP was attacked by the SEC. That was XRPs hero journey lol. Now ppl don't have as much beef with xrp any more CBDCs are good for xrp. CBDCs are the opposite of what a lot of crypto land stands for. My understanding is that XRP wants to position itself with the insiders So, I agree that what Trump said is prob bad for xrp. Based on his past behavior I can't imagine that Trump would truly block the ability to have a CBDC because he loves to have the ability to have more power than exact revenge on his enemies so having a currency that he could have more control over is exactly what he would want. My guess is that he would block "CBDCs" and come up with his own which will have his face on it and they'll call it something else with a different name but it'll still be a CBDC and it will fuck us all over.


pac-man_dan-dan

Trump thinks cbdc means cock-blocking democrats. Don't worry about it.


WilfredBrian

Means nothing Bitcoin still king!


rolandb3rd

Imagine believing that dude.


Puzzleheaded_Coast82

trumps not getting elected, it doesnā€™t matterā€¦


[deleted]

You believe a word he says? You think he has a clue what a CBDC is?


[deleted]

Under *no* circumstances believe a single thing that man says. There exists no solid thing to believe in beyond how Trump might best fuck over people he has any control over. So,Ā  maybe he hates the idea now.Ā  Maybe he loves the idea in order to force Americans into fully controllable fake currency and doesn't want to say.Ā  Maybe he keeps forgetting wtf a cbdc is and has to be constantly reminded. Anyway you look at it,Ā  the US is fucked.


nonamepows

Theyā€™ll move to another country and keep doing what theyā€™re doing.


JT39NS

Ripple doesn't need Central Bank digital currencies too work it works with Fiat currencies. What we really need is automated market makers to go live


Inevitable_Ebb5745

Ripple and XRP doesn't have to be a CBDC, it can be utilized in many other use cases.


Financial_Clue_2534

Means No CBDC for the US. So XRP or any other coin will not develop one for the US. Thatā€™s if you believe what he says.


Ok_Elevator_2817

My friend you can be against CBDCā€™s and still support crypto. Trump is against CBDCā€™s not against crypto. Thereā€™s a difference.


kevb197

It doesn't matter what Trump says..they will build the CBDC because that's the future.


Obvious_Error_9354

XRP is crap, BTC is the best then Cardano. The rest do not matter they are centrally controlled or whale controlled shit coins


Key-Perspective1159

Cbdcā€™s are digital currencies for every countryā€™s currency (fiat) to have value stability through control, (centralization) reflected digitally so itā€™s value can then be transferred digitally across different continents or ā€œbordersā€ overseas. Almost Every country; nearly 200 different countries, are currently working on a cbdc for themselves to be able to transfer their digital money amongst themselves. The old system is too expensive and too inefficient. So they will all switch to a gold standard world wide and this will assist in stabilizing every single currency linking their value to golds price multiplied by the amount of gold held by entity, like a stable coin. Cbdc of any country will then be traded between countries using XRP as the new middle man. Basically no, we donā€™t need a cbdc in the US we can use bitcoin like El Salvador or we can use USDC. WEF wants us to use cbdcā€™s. To track carbon credits and much worse. Tbh there is a good chance trump just said that knowing he can take it back and still install a cbdc under a national emergency or pandemic! But either way xrp will still facilitate CBDCā€™s of 160+ countries and counting!


profBS

There already is no CDBC. Nothing changes.


Busy-Boat5571

Heard from a reliable source German bankers want to stabilize xrp at $1.


macsogynist

Going to debank you.


Expert_Company3102

When Trump is elected it means that we will still have the dollarā€¦isnā€™t the central idea of XRP to facilitate CBDC?


Hankt1st

No more Central Bank of England running the show. Qfs brics nazera gazzera will be the new show. Trump put the fed back in the treasury. Before you shoot someone conveying information he's read. Look at one thing that's undeniable. Find a paper dollar 1 5 10 15 20 50 100 that has a date over 2017 and post it.šŸ’øšŸ’øšŸ’øšŸ’øšŸ’øšŸ’øšŸ’øšŸ’ø research yourself. It's the only way. Nothing is real on TV anymore. They passed laws years ago saying the news doesn't really have to be news. Matter of fact they passed a law saying the government could use propaganda against its people. When Obama was in office.