S2E15 Defeating Technocracy
Episode from The Aaron Day Show: S2E15 Defeating Technocracy
Episode Transcript
Click timestamps to jump to that moment
Yo, they built a vault, call it BSR Bitcoin reserved, but it's built on a scar Silk Road fell, forty-four free K, BTC snatched Oobrith got life, why the feds got the stash? Genus Act passed, Senate's on the move Digital tyranny, they got something to prove Yeah, hail to the thief, they stole our dreams. Bitcoin reserve built on our screens. I was anal, confidential, layers the key. BTC, ETH, BC's private, now we free.
Trump's in the game, sixty-nine K more, Zhang's fifty K, Biffin X ninety-four, civil asset theft, they stack their hordes, Sachs and Allaire, PayPal's old sword, stable coins track us, Tether's a spy, but Zeno's got us, confidential, we fly. Hail to the thief, they stole our dreams. Bitcoin reserve built on our screams. confidential layers the key. High with Zeno, BTC, EBC's private, now we free.
They watch every move. Dollars a snitch. USDC. Tether. They making me twitch. Civil theft. They seize what's mine. But Zeno's my shield. Confidential's divine. Hail to the thief. They stole our dreams. Bitcoin reserve built on our screams. Confidential. Hide with Zeno. A is the key. BTC. E. BC's private. Now we're free. Hail to the thief, but we'll rise again Crypto's our fight, we'll break the chain Freedom's the goal, we'll make it true Xeno, confidential, we'll see it through
They've been feeding us these lies Since the day that we were born That we need them to protect us That we can't survive alone But baby, that's a fallacy A chain around my mind Been blinded by their promises While freedom's been denied, oh Critical thinking broke these chains Opened up my eyes to see the game No
need for rulers telling me my worth I'm taking back the power that is mine The truth has set me free at last.
Government ain't nothing but a cycle. Heading toward tyranny. They militarize the police force. While preaching about democracy But fuck that noise I see the truth now Their power's built on fear Voluntary systems show
I'm taking back the power that is mine by birth, yeah This fallacious belief in their control Has been weighing down my goddamn soul But I'm free at last, free at last Breaking out of their system fast No, no taxation stealing
Roger Ver is a world-famous crypto pioneer. At this moment, he has been stuck in Spain for a hundred sixty nine days. He is being charged by the United States on extremely dubious grounds. Tax issues that date back more than ten years, vague allegations. Somewhat similar to the way John McAfee, also in Spain, a crypto pioneer, was arrested at the request of American law enforcement agencies, also based on vague tax issues. or with the way Ross Ulbricht was absurdly sentenced to life in prison. Or think of Julian Assange, who ultimately received a pardon but was imprisoned for years due to obscure American extradition requests based on more than
a hundred-year-old legislation. The power of the empire is undoubtedly felt in Europe. But the threat of political persecution is real and should not be tolerated by Europe. We need a significantly critical attitude towards these kinds of issues. It is absurd to tackle tax issues with such severe criminal measures, and it reeks in every possible way of political persecution. It is even more absurd that European countries, such as Spain, jump through the hoop set by American prosecutors without having seen serious evidence and without any serious conviction from a judge or commissioner. If the European Council should do anything in the coming days, it is to stand up for the
rights and freedoms of people on our continent, independent of American legal whims. In the second round, I will submit a motion requesting the Prime Minister to discuss the situation of Roger Ver at the European Council and to urge Spain to provide protection for this man who is in no way a criminal, who is not a U.S. and who would gladly pay any citizen, potential fine and not to extradite him to the United States. And I can wholeheartedly recommend his book, Hijacking Bitcoin, for the
As a technocrat, let's dive in. In the early twentieth century, a movement began to develop around a political theory known as technocracy, a system wherein management of governments is handled by technical experts, often involving technology-focused solutions. Early proponents of technocracy claimed that the concept would lead to resources and the better management of protection of the planet. However, this system of governance by technological experts and their technology would also involve a loss of privacy as well as centralization of power and the management of all human behavior. Although the term appears to have been largely forgotten the technocratic philosophy
and influence can be seen everywhere in our modern digital world. Already beginning to arrive at the huge civic auditorium where a large receptive audience turned out to hear Howard Scott as he warned of an impending crisis in America's domestic and foreign affairs. One of the most influential proponents of technocracy was a man named Howard Scott, a writer who founded the Technical Alliance in New York City in nineteen nineteen. Scott believed that business owners lacked the necessary skills and data to reform their industry and thus control should be handed over to engineers. The technocrats publicized their vision of a centrally
planned world via books, speeches, clubs, and political parties. This resulted in a brief period of popularity in the US and Canada and the years following the Great Depression. As politicians and economists searched for a solution to the financial calamity, the technocrats imagined a world where politicians and business owners were replaced with scientists, engineers, and other technical experts who would manage the economy. However, in the nineteen forties, mainstream interest in the technocracy movement seemed to dissipate. The ideas that underpin the technocratic vision received the notable endorsement in nineteen seventy when political scientist Zbigniew Brzezinski released his book,
Between Two Ages, America's Role in the Technotronic Era. Brzezinski will be familiar to long term researchers of the ruling elite. Until his death in twenty eighteen, Brzezinski was a diplomat who ran in the same circles as David Rockefeller and former Secretary of State and accused war criminal Henry Kissinger. Brzezinski served as advisor to several presidents, from Jimmy Carter to Barack Obama. He was also a member of the Atlantic Council, the National Endowment for Democracy, and the Council on Foreign Relations. Although Brzezinski's book substituted the term Between Two Ages technotronic for technocratic, the depiction of the future is the same, scientific and a world in which the
technological elite centrally plan the lives of all humanity. Essentially, Brzezinski's vision is a technologically advanced authoritarian-style collectivism wherein individual liberties are subordinated to the apparent needs of the collective. When we examine the world of twenty twenty-five, we clearly see the signs of technocratic influence. For example, we can see this influence in the wealthiest companies and the most influential CEOs. These individuals are running companies that have amassed large amounts of financial wealth as well as unfathomable amounts of digital data on all of their customers. From Jeff Bezos at Amazon, Bill Gates of Microsoft, Mark Zuckerberg at Facebook,
Elon Musk of Tesla and SpaceX, we can see the technocratic ideology. These men and their colleagues in various technological industries wield immense power through their companies, wealth, and cultural influence. These individuals have enough money, resources, and connections to shape elections, geoengineer the climate, and cause dips in the stock market, to name a few examples. They are the technocratic class of you I grew up in the U.S. and I see all these people like, yeah, nuke everybody in the
Middle East and kill them all. And then they have the former Secretary of State Madeleine Albright on Sixty Minutes, one of the most popular news shows in the U.S. And they asked her, they said, like, there's reports that more than half a million Iraqi children have died as a direct result of U.S. sanctions. And she looks back at her with a straight face and she goes, it was a really tough decision, but I think that it was worth it. You know, is the price worth it? I think this is a very hard choice, but the price, we think the price is worth it. Worth murdering half a million kids because of what the government did? And I apologize for crying, but it just disgusts me from my core when I see
government people murdering people around the world. It's not just theoretical. These are real people with real lives. and bitcoin has the power to undermine everything they're doing to people around the world and I'm sorry for shouting but it just disgusts me what these people in government do and they do it through central banking and through the control of the money supply and bitcoin takes that away from them I gotta stand up because I'm just so excited about bitcoin I can't talk about it while sitting down so anybody here that's sick of the government inflating the money supply to pay to kill people all around the world? Stop using their money. Use Bitcoin. The answer is here.
We can put a stop to all of that. You don't have to support them in any way. Start using Bitcoin. There are so many websites that accept Bitcoin now. More and more are coming online every day. If you have a business, you need to start accepting Bitcoin. What Bitcoin allows every single person in this room and on the planet who has access to the internet, you can have your own private bank account. It's called a Bitcoin account. And it's impossible for the government to seize your account. It's mathematically impossible for anyone to block you from sending or receiving money with anyone else anywhere in the world. And if you're careful about how you use it, it can be done anonymously as well.
This totally strips government's control over the money supply way. There's nothing they can do about it. There's no way they can stop it. The only way they could stop it would be to shut down the entire internet in the entire world, and that's not going to happen. This is what every libertarian's absolute dream come true. It's here, and it's called Bitcoin, and we need to spread the word to everybody about it. And I'm glad you guys are here, and we're here to answer your questions about it. And when you're done learning about it here today, tell your friends, tell your family, help them set up Bitcoin wallets. Help tell everybody that you know about Bitcoin.
Anytime you need to buy something, ask the merchant if they'll allow you to pay in Bitcoin. And anytime you receive U.S. dollars, convert them to Bitcoins, then use them as Bitcoins. We need to spread this, and the world is going to be a much, much, much better place because of it. And it's not a question of if this is going to happen. It's just a question of how soon it's going to happen. And with your help, we can make it happen sooner rather than later. Welcome back to the Aaron Day Show. Let's see what we've got here. Welcome back to the Aaron Day Show. This is episode fifteen. We're going to be talking tonight about defeating technocracy. I kind of threw this one
together at the last minute, so I don't have a formal presentation, but there's been so much development just in the last forty eight hours that I actually think is is really good news. It actually gives me more hope than I've had in a long time and definitely in the last two and a half years since I've been out trying to warn people about CVDCs and technocracy. And I'll explain more about that. I want this one to be more interactive. So if you want to, to join the discussion, um, you're welcome to, I'm going to put a link in the comments. If you want to come in and it's more conversational, as I said, this is not a normal, um, not a normal presentation or interview,
although I certainly could talk about a lot of different topics. What I might do is I might go over some of the information that I went through last week just as a reminder of some of the things going on. If you want to catch last week's episode, it was a good one. Stop the stablecoin CBDC Trojan horse. This is actually huge. There are updates from that episode that go above and beyond the Brownstone article that I wrote. I'm going to be writing another one. People should be very alarmed about the stablecoin legislation. In essence, what's going on here, and I'll recap it. But what the U.S. Congress is doing is they're passing two bills,
a stable bill and a genius, excuse me, a genius act and a stable act. And what these are going to require all stable coin do is they're going to issuers to back all of their stable coins only by U.S. treasuries and by U.S. dollars. So here's what this means. the ceo of tether was at the bitcoin conference last week and he talked about how tether's backed by a hundred thousand bitcoin and some massive amount of gold and then some treasuries and so forth well I mean they've never passed an audit so we don't actually know if any of that is true but based on this legislation um they will have to be either acquired by a financial institution or they'll actually have to defest their bitcoin
and gold and actually buy treasuries. The reason Congress is doing this. So you're seeing this whole big debate right now about this beautiful big bill. And that, by the way, which is phenomenal. I'm excited. The way we win is by the technocrats dividing and conquering amongst themselves. The fact that Elon and Trump are fighting is fucking fantastic. I mean, this actually gives us, excuse me, a gigantic window that we've never had. But A couple of weeks ago, we had a Treasury auction and there wasn't enough interest. China has come out and said they want to ditch the dollar. Japan other countries don't want to buy our debt anymore. They've seen our credit score go down.
So the administration David Sachs and others Besant the Treasury Secretary have stated that one of the points of this stable coin legislation is that it will it will cause or force all these stable coin issuers to back United States Treasuries so this thirty trillion dollars in debt that's going to be added is over the next ten years they're going to use the hype of these stable coins to fund it so if you're using a stable coin if you're using usdc are you using tether you're funding all of these wars all over the world people talk about the fact that stable coins are about you know uh crypto adoption they're not about crypto adoption the point of crypto was to get rid of third parties to not
fund central banks to not fund wars stable coins are actually hyper accelerating the funding of the federal government in addition to that they're adding cbdc level surveillance so all of the know your customer laws all the anti-money laundering laws all the laws that apply to the surveillance of the banking system are going to be applied to stable coin issuers in addition And to that, the stablecoin issuers are going to have to provide monthly audits to the Federal Reserve. So you're going to have Congress and the Federal Reserve regulating the stablecoins. other issues regarding how this works. And we can get into some Like, for instance, the technology platform most used by Tether is Tron.
Tron is Justin Sun's project. It's basically it's controlled by twenty six people with ties to the Chinese government. So we're literally talking about a situation where we're going to be issuing the digital programmable, you know, backdoor CBDC dollar and it's going to be regulated by Congress. It's going to be regulated by the Federal Reserve. And but there's also the potential for it to be manipulated, controlled and censored by the Chinese government. And nobody's talking about this. Why? Because the largest holder of the Trump meme coin is the same Justin Sun who's behind Tron. Justin Sun has also invested over ten million dollars in the World Financial Group or whatever the Trump
family DeFi thing is. So this is probably... If people want to complain about Pelosi and her stock portfolio, what do you call a situation where the president's family is getting investment from a Chinese national who controls the primary blockchain that is going to be printing digital tokens? What do you call a situation where the Commerce Secretary's firm invests six hundred million dollars in Tether and then that same firm manages all the treasuries for Tether? this is this is corruption that I mean, makes the Clintons look like, you know, Boy Scouts, actually. And so nobody wants to talk everybody likes to protect about this because their bullshit white
knights or they try to act like, well, this is just how business is you know, done or whatever. The amount of cope and excuses people make is unfathomably bad as it relates to Trump, but more good news about this whole breakdown that's going on with Palantir and with Trump and with Musk. I mean, again, this gives us a huge opening. So just as a quick reminder, I'm going to be at Freedom Fest next week, the eleventh through the fourteenth. So I'm going to be working with a group of people, a Free Roger table and a Zeno table speaking on a panel. And then we have Porkfest the following week, the sixteenth through the twenty second. And I will tell you, I really, really recommend that you
attend this because the big update is and I announced this last week, Ross Ulbricht is going to be there. We have the largest tent. We're the largest sponsor. Doug Tooman at Mineratopia and I are co-sponsoring a tent. And it's going to be all focused on privacy and decentralization. Lynn Ulbrich is going to have a table there. She's launched her new initiative around criminal justice. We're going to have great, not only talks, but hands-on workshops. The team from Zano is flying out. Three people, you know, I'm really excited. Sal Mayweather is going to be there. I mean, they're going to be just terrific talks, but also hands-on application of this stuff. This will probably be the
biggest pork fest ever would be my guess, or it's going to be really close, particularly since Ross is coming here and knowing how impactful the Free State Project was in helping to get Ross freed. I also mentioned last week I've joined something called the Agorist Cipher, which you can see at agoristcypher.com. There's a subscription only newsletter, but it basically, you know, I'm an author. Sal is as well. John Bush is. Derek Bros, and several others. And so the whole point behind it is we all provide unique, actionable content related to agorism. So it's like eleven dollars a month. But I really encourage you to check it out. The article that I wrote is called Fasting for Freedom.
And I'm excited about it because I haven't written about my fast. I've certainly done podcasts and everything else, but I kind of, you know, talk about how important fasting is as a gateway to agorism and that it can help you get present and figure out how to break free from big food and take care of your own health. So anyway, check that out. we still have Roger's motion to Also, dismiss hearing, which is June the twenty third, one thirty p.m. Pacific time in L.A. I'm going to be flying out to that right after right after Porkfest. I still hope that it doesn't happen and that he gets pardoned or it gets resolved before then. But if not, I think it's really important to go.
And just as a note, we hope Roger isn't there because if Roger's there, it means that he was extradited and he's probably in prison. So we're going to be going there to show support and hopefully he'll be still in Spain, you know, fighting extradition, but not, locked in a prison in the United States. So that's the outcome that we're looking for there. And let me see. I guess I have a couple things. Just as a reminder, you can go to freerogernow.org. Is it FreeRogerNow? You know, it's been a long day. FreeRogerNow.org and sign the open letter and share that with your friends. And I recommend DMing it and sending it personally. Or if you have an email list, that's even better.
sharing these external links on social media sites gets almost no traction because these social media sites want to keep everybody captive so uh so please try to reach out to people directly we really want to build momentum so that no matter what happens in the short term um we're keeping up a level of support where it becomes uh you know where it builds in momentum and where it basically can't be ignored so again hopefully he's free sooner rather than later but We can help by increasing the odds by showing more people interested. support and getting more The same with Ian Freeman's case. You can go to freeiannow.org and sign the petition in support of Ian. it's been like three months or
You know, more than that since his – actually, it's been almost four months – since his appeal hearing. And we haven't heard back from the court, which is which is absurd. I think we were expecting the expectation was within two months. So I have no idea what's going on with his case. But we want to keep up the pressure there as well. And I know Mark Edge has been going all over the world at conferences talking about this was at the Bitcoin conference last week. I saw him in Amsterdam. I think I'm going to see him again next week at Freedom Fest. So I know there's a lot of effort to try to raise awareness there. And then if you could help out Roman Storm as well. And I apologize.
I think he's at freeromanstorm.com. So even though the Tornado Cash technology is, I guess, now permissible, they're still going after him. And he's looking at forty five years in prison. And unfortunately, he's in the Southern District of New York, which is a horrible place to try to get any kind of justice. And he needs money. I mean, he actually raised like two million dollars from... some sources, I think a venture capital firm, Jesse Powell from the founder of Kraken and others. And he's already used up those legal fees. And so he's looking to raise more money, and he's raised a hundred and six thousand dollars so far. So if you you know, if you can provide him with
some financial support, that would be great. But you could also believe he has a petition as well. And you can learn more about that case. So I'm not going to go through So with that, and rehash the entire thing from last week. Those are just the general updates. I do want to play a short video about Porkfest. Let me see.
Bear with me.
Sorry about that. Um, this Porkfest is going to be absolutely incredible. So I encourage you to check that out. I guess there might not have been a little, with the audio at the end there, but, uh, it might've been an issue this is going to be, you know, probably the biggest Porkfest and you know, not only are we the largest sponsor with Moneratopia, but there's another, the other largest sponsor, the other kind of diamond sponsor is also privacy crypto related with, uh, the folks from pirate chain and anarcho poca so this is truly going to be I think it's kind of a rebirth of crypto at porkfest and so you know roger veer and you know eric vorhees and charlie shrem and others uh
even I met vitalik at porkfest I think in this is where many people were introduced many ogs were actually introduced to cryptocurrency and we're bringing that back this year with the emphasis being on privacy coins. So please check it out, use discount code FREEROGER to save on the tickets and we're really looking forward to that. I wanna present another video real quick. And so I just did an interview today with Reality Check, which is a series in New Zealand. And I had done a interview with them, I don't know, probably like a year ago, and didn't realize that they included it in like a
documentary series and everything else. And so they actually want me to come out to New Zealand and I actually do workshops out there and everything else. But I want to show this video because it relates to the topic that I want to talk about tonight. The topic tonight is all about the fact that we're fighting technocracy. This is what I've been saying for the last couple of years. And people are now finally starting to wake up. I think the combination of people looking at This fact that we're giving information to Palantir to build a database on American citizens, which some may claim that this is about government efficiency. It has nothing to do with this. You can understand and
research the history of Palantir. You can actually study a whole variety of different things that are influencing these people. This is all about technocracy. It's about actually changing technology. the fundamental nature of government, not about making the existing government more efficient through the application of technology. People are actually starting to wake up to that. The Musk-Trump feud is also a wonderful opportunity because they always, the technocrats are looking for centralized control and they use manufactured tension between people and groups to cause violence and to create events that enable them to put in more surveillance infrastructure. And now for the first time,
they're divided amongst themselves. So this is an opportunity for us to piss in their face, for lack of a better phrase. But at the same time, it's also an opportunity for us to educate people on alternatives and ways that we can exit the system. win by fighting the system. Because we're not going to We're going to win by withdrawing our energy from the system and creating other alternatives. So I thought this was a really well done video. So I'll play that real quick. And hopefully this time the the audio should work. Let's see what happens here. Okay, see. Here we go.
Let me see. Let me see if I can change a setting here. Well, all right. This sucks. I need to get a bigger computer. I don't like my hard draw. I couldn't even convert the file to an MP four. So I'm not apparently able to share the audio on the, on the MOV file. So that's too bad. Well, anyway, it's a good video.
Introduction's got a quote It goes through a lot of for me at the beginning. other people talking about, um, different aspects of CBDCs, Catherine Austin fits and so forth. Um, and, I guess it really played well in New Zealand. I guess this series was incredibly popular. And if you haven't followed much about New Zealand, they are really on the cutting edge of this digital tyranny. They're on the cusp of requiring essentially a digital ID. And they want to make it so that if you're under sixteen, you can't access the Internet. And they're they're really kind of pushing the envelope on all of this stuff. And so the guy that put together this reality check series is a documentary
filmmaker who did a phenomenal documentary on the pushback in New Zealand against the vaccines and mandates and everything else. And so I was really excited to see that people in different countries all starting to wake up on this because over the world are actually technocracy is not a country specific thing. The actual movement towards technocracy is a global phenomenon. It's, it fits in with the WEF and UN agenda, the purpose of this is, you know, technocracy is a system with, top-down system with making decisions for people scientists and engineers for everybody. And the economic system is based on energy credits, not a price-based system.
And so they use this manufactured scarcity and these energy credits to basically control people through social credit systems. And so if you look at the UN Agenda, Twenty Thirty Sustainable Development Goals, those are essentially the elements of a social credit system. And the UN goals are not confined even just to UN members. The intention of this is to control and manage every asset on Earth, the land, the air, the sea, presumably even space as well moving forward. So it's incompatible with individual rights. It's incompatible with property rights. It's actually even incompatible with the idea of free will, because within this self-contained system, you essentially lose the
ability to make choices. You actually your choices are constrained to what are put into the framework of the social credit system. So I'm excited about the fact that people are now talking about technocracy. And I've had people reaching out to me the last, I've got interviews lined up as far as I can imagine. And I've got these two big conferences coming up. And so this is exciting to me because it's taken a long time for people to to clue in on this. There have been people that have been kind of confusing technology with technocracy. I mean, technology is not a bad thing, but technology has a freedom element to it and a tyranny element to it. And definitely the Palantir
technocracy side of this is a tyrannical form of it. There are freedom aspects to it, which is what I also promote and try to introduce people to privacy coins and things like Zeno and so forth. And so we can actually be successful. at combating technocracy using these privacy decentralized technologies. But we actually don't have a lot of time. So the Stable and Genius Acts will pass by August, September. I don't think there's anything that we can do to stop it. But what that means is that twenty seven trillion dollars a year plus in transaction volume is now going to be
controlled by Congress and the Federal Reserve. And so you're going to have digital trackable money. And that is huge adoption. The adoption in China, the adoption of CBDC programs around the world has been fairly slow, even though countries representing ninety percent of the world's GDP are working on CBDCs, even the countries, the eleven countries that have actually tried to roll it out. It hasn't been, you know, brisk adoption even in China. This is real adoption. The adoption of stable coins is expected to dwarf. and thirty trillion dollars It's going to be one hundred by twenty thirty, which is more than the amount of transaction volume on Visa and MasterCard and direct deposit combined.
So so here's what's happened with this. What the politicians are doing is they're saying, and by the way, the people that are the sponsors of this bill, like this Hagerty guy from Tennessee, it's clear if you listen to him, he doesn't know anything about cryptocurrency. I bet he's never even used cryptocurrency. I think basically he was kind of paid off by, he's a first term Senator. And I think the Club for Growth was a big advocate and sponsor of him, not only his campaign, but advocacy on this position and the largest donor to Club for Growth is a guy named Jeff Yass. And Jeff Yass is one of the largest single individual shareholders in Coinbase, which actually helped
develop USDC in conjunction with Circle. I mean, it's all inside. BS and cronyism. You can track it with every single one of the people that are kind of heading the charge on this, on this legislation. But, but when you see the tweets that these guys put out, it's almost like it's copy pasta. It's, it's, it's like when you see a politician who writes, well, I was just diagnosed with COVID, but thankfully I took a shot in a booster. So the symptoms are minimal, right? this is kind of when you read the And well, tweets that are coming from the people that are pushing this bill it's the same thing they clearly they probably haven't read the in it but what they're bill they don't know what's
pushing as their talking points are this is going to enable the dollar to remain the global reserve currency this is going to enable the united states to sell trillions of dollars worth of treasuries which is basically going to fund this big bullshit bill at which is going to add thirty trillion dollars in debt over the next ten years And they all stress the safety and security angle with respect to terrorism and money laundering, which these things are false, right? So one, why would we want to fund terrorism? the additional debt. if you're participating in crypto I mean, and you somehow have confused the idea and you think that a stable coin is about freedom,
just understand by using these things, you're actually funding the trillion dollar defense budget and you're funding all of these things that the United States is doing all over the world that you probably don't agree with. But the stable coin issuers are going to be required to buy treasuries and dollars. They're not going to be able to use any other collateral. So you are supporting supporting central bank government and you're tyranny and authoritarian central government and Congress. And on top of that, there's the surveillance aspect to it. It all has to comply with KYC. We already know, by the way, I'm sure if you followed this, that USDC and Tether are already freezable and censorable,
and they're already working very closely with law enforcement on a routine basis. And so it's not even like there's a huge upgrade above and beyond how things already are. It's not like there's, you know, not that much is going to change. It's already programmable money. But the reaction to this then is other countries around the world are looking at this and saying, hey, you know, it is a genius bill if your goal is that you want the United States to be the leader in digital, programmable, censorable money around the world. I mean, if that's what your goal is, if you want to continue to be that in the world, then it is a pretty genius idea.
It's let's use regulation to take what's already successful in the marketplace and put it under our control, just as we do with the current dollar, which is the global reserve currency. But other countries, the EU and others, are looking at this and saying, hey, this is a real threat. So now they're accelerating all of their CBDC programs. And the EU is doing this. Excuse me, the ECB. So the EU is potentially going to launch a CBDC as early as October. And now the head of the ECB, Christine Lagarde, is probably going to become the head of the WEF. which means that she's going to replace Klaus Schwab and she's going to be the one furthering this agenda.
And if you look at her background, I mean, she's pretty, I mean, she's actually been convicted of corruption and She's the perfect central everything else. casting person to push things forward to with the ECB and then use her position in the WEF to help push other countries to accelerate their CBDCs. Well, this is now an arms race, right? over who can have a greater control of digital, programmable, sensible money. Well, this sucks for citizens in any of these countries. There's no upside to any of this. The stable coin thing isn't pro freedom for the US. And then this causing a massive a massive arms race doesn't benefit anyone. I think that we've accelerated
CBDC tyranny by probably five to ten years than if Harris was president. And this is not me saying, gee, it would be great if Harris was president. But if Harris had been elected and pushed to CBDC, the adoption of a CBDC centrally where there's no previous adoption, it would probably take ten years to get to where the adoption of USDC and Tether is. And so we're actually much worse off. And Most people, and if you've been following me, you know, I've been talking about this for forever and I've been warning about this. And the frustration that I've had is that a year ago, people were lining up to come to these CBDC workshops and people were worried about this. But then when Trump passed
an executive order saying there's no CBDC, people stopped thinking about it, stopped worrying about it. Well, it's been what, like five months, six months into this administration? And what's happened? We've already passed real ID, which, by the way, is digital in like five or six states. So, I mean, I can't remember. I've got a list somewhere. But in some of these states, you can actually add your real ID to your Google wallet, to your Apple wallet. And this is more expansion there. So we've got digital ID, which seemed to, you know, sail through. This stablecoin thing is like the turbo cancer of... of CVDC adoption. And then we have Palantir being added to the mix,
which is a combination of AI surveillance, plus I think could very easily become the basis for a social credit system. And if those of you are saying, oh, well, I like Peter Thiel and all these gee, other guys. This is just about making things more efficient. You actually have to start reading the ideology behind this you know there's a guy that's become popular in libertarian circles and all alt-right circles named curtis yarvin and I will tell you he's essentially the yaval harari of the right and at the end of it he's pitching you know neo-monarchy And he's anti-democracy, which I don't have so much of an issue with that if you think about it in terms of individual rights.
But when you see people that are now out there talking about genetic differences between the races and basically trying to enforce a top-down hierarchy, you can thank Curtis Yarvin for that. And Curtis Yarvin has been... a big influence on Musk, JD Vance, Teal, Dark Maga. In fact, when you see Musk wearing that hat, this all emanates from this and it's all materialistic, deterministic, and based on basically technocratic principles. And so it's just a different way of getting there than Yuval Harari, but it's the same endpoint. There's no difference between the two. It's the red and white flavors of, red and blue flavors of technocracy, excuse me,
which it's still technocracy. And when you look at what Palantir has already done, Palantir is already working with the CIA. Palantir is involved in doing predictive programming or basically pre-crime at local levels. And I saw some video clips today of Alex Karp, the CEO who lives in New Hampshire, which I haven't seen him, but his viewpoint is, at least the pitch that is that America is the he's trying to make, kind of the moral authority and we have the nicest people and we're spreading all of this peace and that the only way that we can retain peace is by making the other people be afraid. This is essentially this guy's worldview,
which I think is bullshit on a couple of different levels. I don't think that we have any moral One, authority at all. The United States is responsible for murdering people all over the world. We're responsible for murdering our own people. This isn't a reflection, well, maybe it is in a way a reflection of the people, but I certainly would not want to ascribe any moral qualities whatsoever to our government. But I also disagree with the approach of That fear is the way forward. I don't think we're going to make a more productive, safer, you know, we're not going to make a more prosperous and peaceful world if our entire strategy is based on to use technology to keep the idea that we're going
everybody else up at night. And that is essentially exactly what he says. So I disagree with everything about the stated position. of Palantir. And then when you dig down into the ideology, I think Peter Thiel's a psychopath. And the funny thing is there are a lot of people that think he's libertarian. So I won't go into some of it, but having been involved in the Free State Project, I was working with somebody who actually had met with Peter Thiel. We had spoken with him about getting involved. At no point are any of his actions actually aligned with libertarianism? He kind of glommed onto it in a way, but then he became a Trump advocate and then he's doing Palantir and everything else.
And he also has a very negative, uh, materialistic deterministic, but also very negative view of humanity. That's also kind of in this in line of, you have to make everyone else afraid of you. after a certain point, And it's like, you know, the Machiavellian bullshit kind of gets old and, and, um, it's not a great way to live. And certainly these aren't the kind of people that you want controlling all of civilization from the top down using AI and surveillance technology. So that's my, my brief rant, um, on that. Let me see here. Um, I thought, you know, I saw that we had Steve Thurmond on here. Um, now hopefully he'll pop back in. Um,
If you want to join, you're welcome to. Let me put the link in here. So now we have a really good opportunity to take advantage of this division and to expose technocracy, but also to start promoting technology. alternatives. And, you know, I've been talking about Zeno for a long time. I'm going to continue talking about Zeno. In fact, you know, I'm really starting my kind of worldwide media tour that actually kind of started last night. But I'm going to be talking about these topics. I'm going to continue to talk about technocracy, but I'm going to talk about the fact that we we need to
I mean, exit and build. the point I'll tell you what bothers me or what I worry about is we got into this position And I mentioned this before. I gave a talk last year, and my talk was basically America One.O is over. We need to start from first principles, that there's no way you can work within the existing system and actually fix it. And this is a function of the fact that the population is completely ignorant about the government and how the system works. And this isn't me just being a jerk about it. Literally, there have been surveys done. Two thirds of Americans can't even identify the three branches of government. If you look at scores from U.S. civics and U.S. history,
it's like only like thirty percent at this point pass. So the voters have no idea what's going on whatsoever. So you have an uninformed population. You really have almost no hope that you can change the electoral process. But on top of that, and I've been in politics for twenty years and exited it, but the choices that we get are from a very narrow selection set that upon really close examination are exactly the same. And they're funded by PACs and other groups. And so you really actually don't get any choice at all. And the people that are in Congress are really nature's D students. these are some of the least ethical, I mean, least accomplished people on the planet.
And they're picked because they're controllable. they're malleable and But on top of that, in a way there's kind of a, an analogy to Bitcoin. So Bitcoin basically hobbled itself, was hijacked by a bunch of technocrats, made to be not what it was intended to be, right? So it was supposed to be pure digital cash, now it's slow, expensive digital surveillance gold. And then Michael Saylor jumps in and says, well, we need to ossify it. So it's like, let's break somebody's legs, not set the bones and then ossify it. And that's essentially what's happened in the US because we have this, you know, intelligently designed checks and balance system. But then we've added this
fourth branch of government. administrative state that So we have this whole isn't even in the Constitution. But we're limited because we're ossified by what we can do within the three branches. So when you look at if someone gets elected, and I was arguing a lot of people are like, well, you know, yeah, I'm pro Elon. I'm like, there's no way he's going to be able to implement what he's trying to do. because there's going to be blocks at the court. have the fact that most of And then you're going to the Republicans are bought and paid for by other special interest groups. And then whatever you don't get done in the first one hundred days, people are going to immediately start thinking
about midterm elections. And then this cycle repeats, which is why our entire lives, my entire life, all we've seen are increases in spending, increases in the surveillance state. It doesn't matter who's in charge. In fact, you can do the research on this yourself. It's always worse when one party has complete control of the three branches of government. It doesn't matter whether it's Republicans or Democrats. There's no actual difference in engorging the welfare state, the warfare state, or spending when either party has complete control. So you can't fix this. And then I say to people, well, um, show me an example in history where a nation has gotten to this kind of empire status where
it's been able to write the ship. and I've talked to some people that And, actually study this. They study the, uh, civilizations and there aren't any, rise and fall of aren't any examples of this. And so, um, so my concern is this, there were a lot of people and, you know, um, hold on, just to see if a couple of you want to hop on, uh, There are a lot of people that haven't been involved in politics that all of a sudden became like celebrities, rock stars last year when the whole narrative shifted to, you know, if we're going to save, this is our last chance to save America, This is what Elon said. right? Elon's like, go back and look at his tweets.
He's like, if we don't win this election, if we don't solve this, if we don't elect Trump, it's over. And a lot of other people said the same thing. And I was always pushing and I'm saying, listen, that doesn't matter what happens. You know, RFK is not going to fix it. Trump, you've got your holy, you know, your trinity of white knights. You've got RFK, you've got Trump, you've got Elon. It's like they're not going to be able to. to get anything done, and it doesn't matter who they are. Nobody could get anything done. And I think the point is centralization at this level simply doesn't work. And so while I'm excited to see Elon and Trump fighting, what I'm urging people to
do is don't get caught up again in picking now. So you were wrong about the idea that the three white knights were going to fix things. That clearly hasn't happened. And just to put a frame on this, we are still giving elderly people and children and anybody with one or more risk factors which is pretty much everybody we're not only allowing them to take the bioweapon we're as taxpayers we're actually paying for it and nobody likes to talk about this fact that almost half at some points over half of health care spending comes from Medicare, Medicaid, and VA benefits. So it isn't just about whether or not these
vaccines are on a schedule. They're on a schedule, and we're all paying for it. So that is still going on. We were told that they were going to balance the budget on a whole variety of things, possibly getting rid of the IRS and everything else. Not only has none of that happened, They're going to add more to the debt. Well, I think Trump still holds the record for the most debt added in a single term. And they're going to he's going to beat that record again. And then over ten years, it's going to be thirty trillion. Not only is are they Trump said, this in his first term, and I shared the meme on he said in eight years, we're going to eliminate the debt. so it's looking like we're probably
Well, going to have, I don't know, forty five, fifty trillion dollars worth of debt by the time he's done. We're not even talking about, oh, gee, he was close. We're not even in the same galaxy on what his main points were. We're going to use tariffs and then we're going to be able to abolish the IRS. OK, that's not happening. Um, we certainly still have the IRS and, and we still have tariffs None of it's happened, right? and everything else. Doge is going to cut two trillion dollars. That didn't happen. So here's my point for those of you, and it's probably not a lot of you that bought into this white knight strategy, it failed. So if this was the last chance to save civilization
and these were the last three guys, it please at this point, acknowledge that. This is not, we're not going to be able to fix this system. And it doesn't mean that things are negative or that you're blackpilled. It means that you need to stop putting your energy into something that can't be fixed. You need to stop rearranging the deck chairs on the Titanic. And there are other games in town besides arranging the deck chairs on the Titanic. there's an infinite world out there. In fact, of different organizational structures and technologies and things that can be implemented. But you've got to first remove your energy from the broken system. Now, and I'm seeing people and they're
already like polls or which side are you on? Are you on the side of Elon? Are you on the side of Trump? And I'm going to tell you right now, Elon is the final boss. Elon is not, you know, he's he's pushing technocracy explicitly. And but, you know, if you actually dig into what he's doing, he's explicitly a proponent of technocracy. And look, I like some of the stuff that he's done. I bought the first Tesla Model S and New Hampshire actually just bought a Starlink. I'm not I'm not saying that the guy is like fundamentally an evil person. We all have free will and he could actually change himself. But he's still focused on on pushing this technocratic agenda and he's focused on
Mars and he'll utilize whatever systems that he can. to further that end and so that's so you have to keep that in mind you know again I I may give him money privately for something but it's a completely different situation if he's trying to use the force of the state to do it and so I think that it's really really dangerous that people are still believing that it's not now it's like okay well this was our last chance to save civilization but now we've forked it and so now we've got to either pick this guy or this guy Take back your authority. Take back your free will. Don't ask for permission or forgiveness from anyone. Start taking control of your own thoughts. Start using money that's not
state-based money. Exit the healthcare system. Get your kids out of government schools. These things... can be done. The only thing you have to do is start by saying, you know, literally say out loud, I'm taking control of my own life. I don't recognize the authority of any of these people. And then, you know, if you want to play around with the enjoyment factor of watching the psychopathic technocrats fight each other and fuel flame to that, you know, like they do to us all of the time, then, you know, that's good. That keeps them, you know, a little bit wound up. But let's still focus more of our efforts on what we can do individually. So in any event, that's that's my rant there.
But what I'm going to be doing is starting this media tour. And last year, I mean, I ended up all over the place, ended up on Alex Jones. I ended up on Dr. Drew, ended up on with Health Ranger and everything else and got a ton of traffic. And I haven't been doing as many media interviews lately because I've been busy Building things and working on things and very excited about the fact that, you know, I really do think the Zeno ecosystem and people around it are the best shot that we've got because privacy is the answer to surveillance. You can see FUSD on the slider there. I actually think FUSD, by the way, is the killer app. for xeno and it is the
killer app for fighting this technocracy and if you haven't heard me talk about it it's new it's only been around for a month it is a privacy based algorithmic stable coin built on xeno so whereas tether and usdc and whatever is going to be regulated by the stable genius bill They're backed by treasuries, completely transparent, completely trackable. This is completely private. Nobody can freeze it. Nobody can stop it. And it's backed not by treasuries, not by the dollar, but it's backed by over collateralized Zeno. And so you're not funding Zeno. these wars and everything. And so in just four weeks, I think it's now up to like, twenty different exchanges that it's on.
It's integrated in the Zeno wallet, of course, but also Cake Wallet and the Bitcoin.com wallet, which I think there have been like, fifty million downloads of since inception. And it's also been added to Edge Wallet. And so we know people like to use stable coins as, you know, reflected in the fact that there's twenty seven trillion dollars worth of transactions. I personally would prefer that people Look, stop using even something that's pegged to the price of fiat. But that's not going to change in the near term. But if we can get people to start moving over into a privacy stable coin, this is going to have. huge implications for our ability to fight against these acts.
And it's not just the US that is putting in place this type of legislation. The EU, in addition to pushing aggressively on their CBDC, they are also putting in laws to ban privacy coins by twenty twenty seven. And of course, you might be saying, oh, well, why are you then promoting privacy coins? Because the whole point of privacy coins is you actually don't care I mean I'm not advising you to you know not follow the law but the point is you don't have to follow the law because you can't actually track this stuff and at some point you have to make a decision of whether you're going to comply with tyranny or not and the point of these technologies is that they can't stop them and this is
why they need them we need them and this is why they're so important so I think that the stablecoin is the way to go. And there's some other things that have been built in the Zeno ecosystem recently. There's a point of sale system, kind of an early version of it, zeno.cash that you can check out. There is a P to P marketplace with no third parties called Zeno Bay. And so you can actually trade with people. It has encrypted communications. There's, and then confidential layer is coming, which gives you the ability to tokenize your Bitcoin and Ethereum and Bitcoin cash on the Zeno blockchain. So you can take your transparent cryptocurrency, which is becoming increasingly very
problematic because of chain analysis and some other things that are happening right now that are making it very easy to track. Even if you've never used a centralized exchange, I want some of you to think about this, particularly if you're Bitcoin maxis, you're heavy Bitcoin users. Let's say the government comes in and shuts down a business that you did a peer-to-peer transaction with. I mean, chances are, and what's happened historically, which is why the United States government has over two hundred thousand Bitcoin, they've been able to seize them because at the end of the day, yes, you can make the statement of, well, they can't technically stop my Bitcoin if I've got my key.
I have not found the people yet that have actually said, OK, yeah, I'll go to jail for the rest of my life, but at least I'll know that I've kept my private key away. No, inevitably they turn over their private key. And part of those negotiations with the state might also involve turning over your list of customers that you've worked with. And so, I mean, if you sold physical products or whatever it happens to be, it's very possible now that they can get a hold of the identity of people that were doing peer to peer transactions without touching an exchange. And what you have to know is that they're compiling a database through chain analysis where they're taking transactions from Coinbase
and from Kraken and from these publicly available sources. And then they're layering in the data that they're collecting from these other law enforcement activities. And they're combining this all over the world. And so it's making it to the point now where there are private investigators that certification in chain analysis. are able to get And so if there's a business dispute between partners, or somebody is getting a divorce. Well, now they can take your public key, throw it into this database that's mapped out with all the rest of these transactions, and they can see what's there. And some of it may include stuff that was peer to peer that you didn't think would be in there. Or frankly,
that you probably forgot about because most people that I know that, I've been in Bitcoin for a while. you know, It's like you don't even remember what you did, you know, because nobody knew it was going to get to where it is right now and, you know, whatever. It's just but now all of this stuff is being mapped and every day more data is being added to the system. So it's getting more sophisticated. And yes, you can take a whole bunch of different steps and techniques, but the truth is most people are not and you one fifty IQ to use money shouldn't have to have a because then I think that actually makes it not particularly useful. So so understand this is this is a real problem.
It's also a real problem. It's not just governments that are the problem with this. We saw a couple of weeks ago that I think some crypto CEO's daughter was being actively abducted and they showed the video footage of this. People are being held hostage. People are being, that physical violence is happening all of the time. And I mentioned last week, Michael Saylor at this conference last week said well I'm not going to provide uh proof of reserves and so then this you know company arkham traced and figured out what his transactions are they've traced the wallets and everything else and have identified almost all of micro strategies holdings I mean I'm not a big fan of michael saylor
but but I also think that it's it's it's a I don't think that people's personal financial holdings and wallet addresses being publicly available is a good thing I mean I hate it when I see somebody like another thing a couple weeks ago some ethereum whale up you know moved three hundred and sixty million dollars worth of ethereum onto kraken I'm like you know I really don't want to know that that's really none of my business but unfortunately two point three trillion dollars worth of market cap of buying power of crypto is is contained within uh bitcoin and ethereum and so that stuff can be tracked so Confidential layer will allow you to bridge your Bitcoin and Ethereum and
Bitcoin Cash into Zeno. And then now you'll be able to spend your the value of your bitcoin and ethereum and so forth with privacy and with low fees and everything else and so they're also I even released a plug-in for uh woocommerce so now anybody there are eight million businesses with woocommerce and uh you know this which is integrated into wordpress I'm going to add freedom dollar and then also add when it's available eventually I'm going to the bridge Bitcoin and Ethereum, which means that you're going to be able to then spend the private version of these transparent tokens at merchants all over the world. So this is exciting because these are the tools that we need.
And I've talked to a lot of people, Saul Mayweather, John Bush, others. It does feel like a lot of the people that got into Bitcoin in, you know, twenty twelve, twenty thirteen, and they got into it for the reasons because actually they were inspired probably by something that Roger said about the ability to stop all of this central bank tyranny and spread freedom around the world. it's been demoralizing since twenty Well, seventeen and it gets more demoralizing when you see Bitcoin conferences where politicians are coming up and talking about how generals are endorsing Bitcoin strategic reserves. Or when you hear about how Bitcoin Policy Institute is bringing the assistant
director of the CIA in to have a chat. I mean, this is not why cryptocurrency is important or useful. And in fact, now we have to fight an even worse form of this in the form of CBDCs and stable coins. So now I think a lot of people are... that are ideologically aligned are really getting behind the Zeno ecosystem. And I know I am, I'm a hundred percent, you know, introducing people to it. So this summer, I'm going to spend doing two things. I'm going to be doing interviews. interview with as many I'm going to try to people as I can to educate about this, specifically the stable coin issue. Because again, it's worse. It's worse than if Harris said, we're going to have a CBDC,
this is actually worse. And so I'm going to walk through why that's the case. But I'm not going to tell you to call your congressman. I'm going to tell you to start using these alternative systems. And I'm going to suggest that we start building out marketplaces where we're targeting farmers. We're targeting people in the alternative health care system. It's not just about the dark market aspect of this. We actually would do well to integrate you know the base of maslow's hierarchy of needs so that when as they continue to push cvdc and stablecoin surveillance the first questions come up well yeah okay cryptocurrency it just happened in this interview able to buy food how am I
well how am I going to be going to be able to buy groceries all right well let's let's start integrating those things first and by the way there's alignment there because these are generally categories where people have been debanked and have already experienced substantial negative issues working within the current system. So talking to health freedom, health freedom people get it. interesting thing, And this is what a lot of people miss, because I go to a lot of crypto conferences, but I go to all of these other conferences as well. And so it's a weird like mix of grab bag, I'm looking for the word here, of different groups. in crypto are divided up The people that are already
into like twenty thousand coins and some of it they treat like religion. So I'm not saying you can't ever get any of these people to move, but it's a lot harder to get somebody that's married to their bag or married to whatever the blockchain is to move over. But you take health freedom and food freedom. These are people that have probably never used a cryptocurrency before at all, in my experience, actually talking to them. Some of the leaders of these movements have never used any cryptocurrency. But they get it because they've been debanked. Joseph Mercola has been debanked. They've tried to sell all these products. Mike Adams, Health Ranger. debanked multiple times he's
even had a hard time you know with certain crypto good luck using shopify uh by the way just because they've got some woke policies that and you know impossible standards to stuff so um so that's where kind of integrate their we're gonna have a lot of success because we don't have to convince them to move from something and they already are aware of the problem so over the summer I'm going to work on kind of a plan to to target people that I think we can integrate that will will bring valuable products and services where there's where there's less friction. And then after the summer, so hopefully during the summer, do as many of these podcast interviews as possible and then go out
and start doing a world tour again. And I do think it's a world tour because again, this isn't just confined to the United States. This guy today wants me to come. He's like, hey, if you can do a tour and I'll help you set up workshops all throughout New Zealand. Now, I mean, I gotta be honest with some of I've gotta make sure this stuff. that I'm not going to get thrown into prison. Like, you know, obviously, Right, right. looking at what happened to Roger, you know, there are some countries that are probably more friendly than others. But this is a global phenomenon. And so I really want to ramp this up. And, and onboard people when I was doing the workshops before, it's like, Okay,
here's, here's a wallet, here, a couple of different cryptos, couple things you can do with it, but I want to onboard merchants. And consumers so that they can actually make a P to P transaction. I also wanna start integrating these merchants, not only having them integrate cryptocurrency into their own sites, but then joining these marketplaces. A lot of people are focused on the idea of, we have to do all this stuff locally well, and doing stuff locally is great, but also why not just create a international marketplace where you don't necessarily have to have a huge concentration of people in your local area. You can begin trading with people anywhere in the world.
And I say, why not do that? I mean, we have the ability to do that. And it certainly seems like we could get more commerce flowing. I think this FUSD Freedom Dollar, And again, which you can check out at freedomdollar.com is probably the killer app that's going to onboard people and move people. So a lot of energy behind this system. And if you want to help, all of these podcasts that I've done, I don't have a... marketing team, everything that I do, I do myself. I mean, I'm producing this myself. I've got to market it myself and everything else. So every podcast I've ever done has been through a referral. You know, somebody that I don't even know on Telegram reached out to
me and introduced me to Mike, Mike Adams. And then Mike Adams had me on decentralized TV. And then when he was hosting, filling in for Alex Jones, he had me on. I mean, so all of this stuff just works like this and it works better like this. So I would rather so. you know, if you're like, Oh, Hey, it'd be great to have him on this show, send them a note or actually tweet it or whatever, or in contact them, because that is how most of this stuff happens. I don't want to be out pushing it if there's organic support. And I'm also not, it's not about getting on to the biggest platforms either. I will tell you, in fact, that some of the larger platforms that I've been on, and I look at like,
what's how many people are actually coming to the website and engaging in the content, it's really low as a percentage. And some of the areas where you find you get the most traffic are, they're smaller groups, but they're really actively engaged. It's a real meaningful community that's passionate about this. So if you, you know, have any thoughts, you know, tag, you know, tag me at Aaron R Day or whatever. And I mean, I'm pretty easy to reach. And you can put people in touch. in touch with me. And I, cause again, I just want to line up. I mean, I did, I probably did well over a hundred podcasts last year in addition to my own show. In fact, I, unfortunately I haven't even
had time to put all of the, the podcasts and interviews and everything on the site. I feel bad about it. Cause I realized that I don't even remember what, what some of them are. And so, so it would be grateful if, if you could help out with that because this, Hey Steve, how are you? doing well bud how are you are you there I am I think you've got to let me in you got me backstage steve are you there well we can't we can't hear you if you are there um so you don't seem to be muted so if anyway if uh
Just so that you know, I can see you. I can see that you're there. It doesn't seem to be muted, but... Can you hear me? How about now? Oh, somebody can hear you. All right. Well, that's interesting. Let me... We can hear him. All right. I'm going to take you off and put you back on. How about now? Test, test. One, two, three. Can you hear me? This is probably related to the issue with the video as well.
So I actually, I heard you typing when you first came on, and then it went silent. But let me see if we can troubleshoot this. I do see the idea on publishing the link for the video. In fact, I might do that. Let me try something else. I'm going to pull both of us off, and then I'm going to try to play this video and see if somehow it might be related to this QuickTime player. So I'm going to close the QuickTime player, and then let me try. something else we go into
I'll be here we go into youtube and all right bear with me one second we've got this all right All right, so I'm going to take both of us off. if you could let me know in And somebody, the comments when I play this video if you can hear it or not hear it. This is very odd. I usually have this problem with...
We are witnessing a enthralled demolition by design of the existing financial system. The purpose of which is to force us to take CBDCs in an emergency. Who's the answer or what's the answer? Is Elon Musk the answer? Is Twitter the answer? Is Donald Trump the answer? No, I think no heroes will come. It's not about the U.S. versus China. It's about what underpins a world order is always the financial system. It means digital. It means having an almost perfect record of every
single transaction that happens in the economy. Digital technology allows them to reset the economy and reset the governance and management system on planet Earth. And if you go to the root of what it is and what it's intended to be, it's intended to be a total control system, which I would describe as slavery. A key difference with the CBDC is that central bank will have absolute control. By programming CBDC, those money can be
precisely targeted for what kind of people can own and what kind of use this money can be utilized. For example, for food. This is the argument that Jordan Peterson would talk about, right? That we all have the tyrant within us. That we just don't know it until we have the opportunity. But they don't think of themselves as tyrants at all. They think of themselves as saviors. And at the very root of that, Alistair, is taxation without representation. Now I can just go into your bank account and if I want to raise taxes, I just raise it and take it out because I have complete control. and under control of your money. This is how we get you will own nothing and be happy.
The way we actually stop it is by exiting the system first before they have everything ready. It's the ultimate control device for them, isn't it? Because they can even tell you what other people's Like they could tell you how products are worth. much a bottle of milk is worth and program that into the money, Oh, absolutely. couldn't they? And they brag about that. They say they're going to level off the economy with measures like that. But don't forget, they also have then the power to say, well, you don't get any milk. So now this is where it's changed. It's no longer about money. It's just a means of control. I think nobody in this country wants there to be programmable digital
currency like in the Chinese system where the government can basically look at what you're spending and determine what you can spend it on. Can you give assurances that technology will not allow that in due course? First Let's see if we can get Get audio from Steve. Can you hear me Steve?
Can other people hear Steve? I can hear you just fine All right, let me Let's try something here audio I ah that ought to do it test test one two three got it all right somehow it switched my speaker settings so we finally have liftoff here how are you I'm doing well bud how are you doing great doing great um good good stuff good good things happening yeah yeah it's been uh it seems
like the last few months has really been a whirlwind in many aspects but Definitely in the cryptocurrency space, for sure. Yeah, and I do think that this technocracy, this infighting is big. I'm excited that my feet is blowing up with people being critical of Palantir and finally starting to question this stuff. I think that this is, again, I'm more excited like literally today than I have been in the last few years because on the one hand, we have some solutions and that work and we can start to rally people around alternatives and then and then the technocrats are in fighting so that's a great set of circumstances uh
that we didn't otherwise have I would concur my my first um knee-jerk reaction um I guess showing how jaded I am is that this uh this feud with Trump and Elon is just another stage psyop. What are your thoughts there? I think it might be a psyop. Again, I keep on saying Elon's actually the final boss. And I know a lot of people are still, you know, all excited about him and everything. But at the same time, I don't know. So my opinion on this is actually that, and I could be wrong, but people complained about trump the first time because he surrounded himself with
swamp creatures and then he took their advice so for whatever reason this guy um he never takes responsibility for his actions and he always gets away with it but he blames his advisors well this time he took a different approach he said well I'm not going to hire swamp creatures I'm going to hire these billionaires from silicon valley and these technocrats and he did And now he's listening to them. And so the problem with that is they're worse than the swamp creatures. And so and so now we're in this. So I don't think it's I don't think Trump is is like masterminding technocracy. I think Trump is a vessel where between his ego and his desire to maximize his
self-interest while in office, he's very easily controllable. by third parties and by the way if what musk says is true about him being on this epstein list then then he's completely blackmailable and um and exposed right yeah yeah I I agree I guess my first reaction there is if there was dirt in that regard why wouldn't the uh the biden administration have outed him long ago but you know again that's maybe that comes back full circle to my view that it's just two heads of the same snake. Well, I think in this case, it's mutually assured destruction. I actually think politicians are picked. Who becomes considered to be a viable candidate,
they're picked based on their ability to be controlled. And I've actually, so I've spent a lot of time in politics with like recruited candidates and organizations that then PACs that supported candidates and everything else. And at the end of the day, As you're working your way through the respective parties, you have to basically kiss the ring and get blessed by certain organizations like D.C.-based organizations, like the Republican Governors Association or the Republican Senatorial Committee or whatever, to even be considered to be viable enough to get the mainstream support and on the ground support. So it's a real narrow set of from the party. people that are even picked.
And I truly believe after being in this for awhile that they really do pick the most morally compromised people that can be easily bought. And so because of that, the whole thing runs on uh kind of a mutually assured destruction model built on blackmail like this idea that like it's only democrats on epstein's island it's island it's absurd it's it's obviously both parties and so kind of like to the same degree congress has a slush fund to pay for sexual harassment lawsuits right well nobody wants to disclose that they're both okay with not disclosing where that money was spent because they're both they're both part of it. So I mean, hell, for all we know, Elon's on the list as well, right?
So it's just kind of one of these, you know, escalating situations. But But you're right, it could it could be scripted. But this is why it's up to us as to what we do about it. And by the way, the risk also, I guess, to further your point, is now it's like one of these things where, oh, well, which one do you pick? Are you picking Moscow? Are you picking Trump? So you already went and Right. picked a white knight strategy. It already failed. But now you're already buying into the next manufactured bullshit situation. And that is happening. It's right out of the art of war, divide and conquer, constantly dividing and conquering constantly. But the good news is they It is. seem to be divided.
So if we can use this as a moment to get people to say, hey, you know what, maybe I should stop giving my authority and my free will to pedophiles and psychopaths and to start taking control of their own lives, if we can get even a small percentage of people to do that, it's a win. Because, you know, but we'll see how it plays out. But I've been enjoying this. And actually, the combination of the fact that it was like Palantir yesterday, where Palantir's out trying to do this PR campaign I just did this interview with this reality check guy in New Zealand he played some of the clips from from Alex Karp and it's like That organization is is is horrible. This isn't about efficiency
They have a very specific worldview which is we have to dominate in tech and we have to make everyone afraid of us and That that is the the only way everybody can be safe. This is essentially what they're what their position of it is and it's like these guys will trade liberty for security and any day of the week. And that is, I don't agree with any aspect of, of that. And hopefully that all gets, gets, gets exposed. And to further echo your, Yeah. your previous point, he's moved away from the swamp to a den of much more competent vipers. And this is a much, much more dangerous scenario by far. Yeah, no, absolutely. Yep. And, and,
But I don't think he's that hard to figure out. You massage his ego. If he can surround himself with billionaires and then he can be in a situation where it's up to him to green light them and he can actually take credit for what other billionaires are doing, then he'll do that. And this is why he had the whatever, Operation Stargate. Now all of a sudden it's like we're going to have Larry Ellison and – you know, the open AI, Sam Altman, and we're going to do, you know, all of these big, you know, investments and infrastructure and everything else. It makes him, it's a self aggrandizing thing for him. I don't think that there's any principle. Like I don't think he's motivated by technocracy.
In fact, it's, this stuff isn't even hidden. His mentor was Roy Cohn, who was a lawyer for all of the mob families in New York. They brag about this, about this being who his mentor is. So if you actually look at the way that he runs the country, the way he runs his businesses, he runs it like a mafia boss. And so it's, so anyway, I don't know. At least there's an opening because I will tell you, have been really painful watching the last couple of months real id get passed and then watching the stablecoin stuff happen and all this stuff happens happening with basically no friction and with people cheering it
on not realizing that it's exactly the same stuff that when klaus schwab did it you know you were dead set on voting for trump to make sure that this stuff didn't happen and it's just so that was like happening without any kind of resistance and now now start start looking at a little bit more maybe people are going to We can only hope. Time will tell. It always does. So that clip you played, is that documentary live yet or is it about to be released? I don't know so I don't know if there's a full documentary of it or if that's actually just the introduction to what was uh an audio series because it's reality check radio
even though we obviously we did video so I'm not sure and that was actually eight months ago so I'm surprised I didn't hear about it eight months ago I actually just did a follow-up interview with the guy he's like oh yeah did you know we used you heavily in this in this thing I'm like no I didn't even know that uh that it came out, really good clip. I thought it was actually a Um, and you know, once the audio finally kicked in, but, um, this, this guy's pretty hardcore. I mean, he's a documentary filmmaker and, who did a really excellent documentary about COVID tyranny in New Zealand, which I guess was very, very popular there. And so I guess this whole radio series has taken off
and he's got a huge, huge following. So I was glad to see that. It's nice to see people all over the world are starting to push back on some of this. I definitely want to check it out. I didn't even know it existed until you played the clip. Yes, I had about forty minutes advanced knowledge. That's awesome. That's awesome. And it's good to see Catherine Austin fits in there. She's I love seeing her make the rounds this last month. Tucker, Jimmy, Danny Jones, all good interviews. I listen to all of them. She's a Tennessee native. I would love to connect with her at some point. I don't think she's a native, but she's a Tennessean where I am as well. And I know you have more of
a personal relationship with her, don't you? I do. In fact, she was going to be at our, our Tennessee workshop. And, um, and so I've had, uh, a number of conversations with her and, and, uh, we, we align on, we align on a lot of, a lot of points. And so, um, so yeah I'm glad that she's out she's out doing the rounds as as well and I think that's helpful um because again finally this stuff is is gaining traction and I hope to build up towards you know I've talked to jimmy dore and everything else and I haven't been pushing um doing media interviews in part because I was deferring to kind of trying to get do anything to support elevating roger's situation
But I think now there's a time to really package this up. I'm going to do another article about these stable coins. And I think people may be ready to listen to this now because if you see the whole layout, it's really bad. People should be much more horrified of the stable coin bill than if the government launched a CBDC from scratch. Can you, for me and the listeners, do a quick cliff note on the difference between the genius and stable acts? Just kind of differentiate them, if you would. although there are something like I can, sixty amendments now going through on the genius bill.
And the one thing that... Well, but but on top of that, the important thing to know is that when the thing finally goes through the reconciliation process, you're going to get the worst of both. Because that is that is inevitably what the process is. But at a high level, I believe it's the genius bill. Actually, I'm going to pull up my notes so that I don't confuse the difference. What I can what I can do is tell you what they both have in common and then can also... Let me see if I can... Here we go. I should pull up the slides.
So here are some of the key components. So the Stable Act explicitly puts a two-year ban on issuing new algorithmic stable coins. So that is a unique feature of the Stable Act. And so again, whenever, so when I see like the worst parts of each of these bills, I know that's what is going to end up being pushed through, right? Because that's just the normal legislative process. Mandatory anti-money laundering KYC compliance for the Genius Act classifies stablecoin issuers as financial institutions under the Bank Secrecy Act, requiring rigorous anti-money laundering and KYC, including identity verification for all users.
You have federal oversights and audits from the Genius Act. which subjects issuers to Federal Reserve oversight with monthly reserve audits. You have... Well, actually, those are some of the points. I actually have, in the article that I have on Brownstone, I provide more of a comprehensive look at it, but that article's out of date. I think one of the big issues, I think the Genius Act... is specific to regulating the use of stable coins as a payment method, but not so much for its use in, for instance, things like DeFi. So that was probably the biggest difference between the two,
but that was from the original reading. So again, I think even the Genius Bill, because when you see the pushback, so you may not know this, the Genius Act failed by one vote. the first time around. And so they actually had to get whatever it was, sixty senators to agree to bring it back, which means they had to get Democrat support in order to even be able to bring it back up for a vote. And one of the areas where the Democrats were the most concerned is that the KYC AML didn't go far enough. They didn't think that there was enough regulation. So my guess is that even some of the things that I just listed,
like the application of it to just stable coins as a payment mechanism will probably also get extended. to defy because in order to get the votes necessary um that's what they're going to need just to get it out of the senate and then it goes to the house so so in the end I think you're going to see all new algorithmic stable coins banned and the reason that they're banning it by the way is that both bills require that the stable coins are to be backed one to one by only us treasuries and dollars so this entire push is no one wants to buy our debt anymore and they see I've got I actually have
quotes here from I've got a good quote from david sachs who I thought I did let me keep going there was a quote from david sachs where he basically said um the whole point of this is to sell trillions of dollars worth of treasuries yeah guess it's not in this it's not in this presentation but uh besant has said that as well so the whole idea here is let's build a bunch of hype for stable coins let's convince people that stable coins are absolutely necessary and then this is how we're going to sell treasuries and that was not you know early on when they first published the text
And this Genius Act is really the successor to the Lumis Gillibrand bill, which they tried to pass two years in a row. And those were bad bills. You may have heard me talk about those as well. Those were actually heavy on surveillance, anti-privacy coin and everything else. And I thought, well, now that we've got complete Republican majorities and they're claiming to be pro-crypto, then maybe these bills will be less onerous. And it turns out, No, it started out bad and then they've just layered on more crap. So by the time this thing is done, it's going to be, um, an absolute surveillance train wreck designed to sell an abomination. No doubt. No doubt. Have you, um,
how far down the rabbit hole have you gone on, um, on tether and their, um, trust me, bro, we've got the funds that they've been giving everybody for the last several years. I've gone pretty far down the rabbit hole. And actually, it relates to the corruption aspect of this. In fact, the new article that I'm writing is focusing on some new things that I've learned just in the last week or two. This part of it isn't new. But Howard Lutnick, his firm, Cantor Fitzgerald, was the last investor in Tether. They invested six hundred million dollars in Tether and his firm manages the treasuries, the alleged treasuries that
are backing Tether. And basically, he put out some comment. I don't know if it might have even been at like a WEF meeting or something where he's like, oh, yeah, I can assure you that the the backing is there. So we literally have trust me, bro, from a self-interested, conflicted member of the Trump administration who's who's commerce secretary. And so They've never passed an audit. They've done some attestations, but even now they're saying, well, it's really hard to get a big four accounting firm to do an audit. Why would it be hard to get a big accounting firm to audit what is alleged to be a hundred and fifty billion dollars worth of assets? That's actually exactly the
kind of thing that big four audit firms are designed to do. Now, the CEO of Tether was at that Bitcoin conference last week, and he claimed that the Tether is backed by a hundred thousand Bitcoin plus, you know, fifty tons of gold or fifty thousand tons. I can't remember what the number was. And then some treasuries as well. Now, the interesting thing about that is, remember, according to the bill, it has to be backed by treasuries and dollars, which means that they would actually have to sell their Bitcoin sell their gold and buy treasuries in order to be compliant with the with the legislation and so it's So again all speaking to the fact that this is just
Another backdoor way for the government to fund these endless wars and all this debt You know again What happened to we're gonna balance the budget and and all of this other stuff like we're far far far afield from anything As usual Yeah, it's completely that. So my question here is trying to trace. Let's give them the benefit of the doubt that they do have these treasuries. I'm trying to connect the dots here on my own. It seems like the centralized exchanges are complicit in this scheme if it's actually happening. Because they can't buy treasuries directly with Tether,
but they can swap their Tether for USD through exchanges and then buy treasuries. Am I offing my logic in connecting the dots there? I'm just trying to figure out if they actually do have these treasuries, how are they acquiring them in such a magnitude? well so with this is interesting so there's there are two things related to the two different stable coins so there's tether and and then there's usdc and they each have their own interesting kind of corrupt scenario um and so in the case of tether and by the way this
is another part of the scam with this There was a study done in in twenty seventeen by some university in Texas that suggested that seventy percent of the price appreciation that happened to that bull run was due to tether. Yeah, I've seen that. I've seen that chart. And so so it's conceivable that a big part of this entire perception of Bitcoin being a good store of value. was a stable coin that was basically backed by nothing, being printed out of thin air to pump the price. Now, it also turns out that Tether is owned
by a company called iFinex, which is a Hong Kong-based company that also runs the Bitfinex exchange. yeah tether got into trouble in the u.s two times once with the cftc and another time with the state of new york and in one of those analysis it was found that when they when they did their study Tether only had reserves, uh, twenty seven percent of the time. But then when you track it a little bit further, what you would find was Bitfinex would wire exactly the amount of money that Tether needed for the attestation. And then the attestation was done, which is a snapshot at one moment in time. And then the next day, the money was wired back out to Bitfinex.
So you're talking about just a shell game. It's an it's an absolute shell game. And the unfortunate part about this, I'm going to tell you, and I've been conflicted by this because of a lot of the other stuff that's going on. But at one point, I started talking to people that are close to people high up in the Trump administration and said, listen, what if I told you we have the big short two point oh on our hands and that. And that Tether could turn out to be the biggest financial scam in history. Do you think Trump would be interested in this? And I actually went through people that have direct access to them. And basically, the information I got back was that he wouldn't even
want to hear about this. And I'm not even kidding. And so I spent all this time. And then I was going to go. So I went way down the Tether rabbit hole. And I read all the Whitney Webb stuff and all the Coffeezilla stuff and then every other thing that I could find. And then I've actually talked to people that that know the people that run, I know a lot of people that know the people that run Tether and created Tether and everything else. And it's just, I'm not even convinced. I think the CIA might actually be involved in some of this in certain ways. And I'm not even gonna go into the details on that. Some of it's speculative, but in a way the financial system is, the debt situation is so
bad in the US that it's kind of like, you know what? Even if they are a Ponzi, We're at that level of desperation where, hey, if we can throw another Ponzi on top of the existing Ponzi, maybe that buys us more time. And I actually think that we're at that level. Everything is can kicking at this point. Everything is proverbial can kicking. Everything's can kicking and no one wants to expose the corruption because there's no way out of it. There's no way to, because you can't unwind it. There's no unwinding it. So nobody even knows what to do. Nobody's even looking for an alternative. It's literally just, well, we're all in on kicking the can. That's our role in this.
And then when the music stops, it's going to be devastating. USDC, on the other hand, there's a guy, I think his name is Brian Brooks. He worked in Trump's Treasury Department the first time around. He worked under Steve Mnuchin. which, you know, the guy, the ex Goldman Sachs guy that was involved in the mortgage crisis and everything else. So anyway, he walked under him, left that position, became the chief legal officer of Coinbase. And what people don't realize is that, and while he was there, Coinbase actually partnered with Circle, the company that owns USDC, to shape and basically design USDC. So now, as this relates to some of the
other pieces with this, your Senator Hagerty there in Tennessee is a first term senator. So you might be asking yourself, OK, so I started looking into this guy's background. Like, why is this guy? You had Loomis Gillibrand. Why is this guy the main guy sponsoring it? And then I looked at his background. He's like he's a mid-market private equity guy, not even related to technology. He seems to have no knowledge about tech, no knowledge about crypto, but he's received a lot of funding and support from Club for Growth. The largest supporter of Club for Growth, Club for Growth, Club for Growth might be more accurate, is Jeff Yass. And Jeff Yass is one of the large, he owns almost a million
shares of Coinbase. So, you know, again, it's all it's all inside deals. And when you see the tweets that they're putting out trying to, you know, to justify the stuff or the interviews on CNBC, it's clear they don't know anything about crypto and they don't know anything about what they're talking about. They're just spitting out copy pasta and pushing an overall narrative. And it's so. So now I'm like, guys, you are signing up for a CBDC. And when I say CBDC level surveillance, I've talked in other areas about the fact that it's clever to focus on the central bank as being the problem in all of this when the reality is that all of
the surveillance of our existing money doesn't come from the Federal Reserve. It comes from Congress. The Bank Secrecy Act and the Patriot Act and all this other stuff national security letters and the irs working with ai and everything else the federal reserve didn't create that if anything the federal reserve is horrible but if anything they're a buffer if you want to see something that's really bad from a digital tyranny perspective imagine a world where congress is issuing the digital currency directly if anything uh you know the fed actually provides a little bit of a buffer so they've led us all to believe that the boogeyman is actually the federal reserve when It's the combination of
Congress and the Federal Reserve and the commercial banks working in concert. That's the holy trinity of digital tyranny right now. They all work together. All of the debanking that you hear about with even the Trump family and everything else, Citigroup just put out a document yesterday or the day before saying, oh, well, we're not going to censor people anymore based on political beliefs. So most of the censorship that happened didn't happen because of a law. And it didn't even happen because of the Federal Reserve. These people were debanked because of woke policies issued by the commercial banks. And of course, the large commercial banks own to some degree that we don't know because it's
private the federal reserve itself and so related to all of this so you have a situation now so you have tether which is a dumpster fire with ties to the commerce secretary and everybody else usdc which has ties to people in the trump administration and everything else and now you have this announcement that the four big banks citigroup uh bank of america wells fargo and jp morgan are talking about working together to jointly launch a stable coin so again what could go wrong what could go wrong what could go wrong it's like so somehow just the simple sleight of hand of calling it a stable coin instead of a cbdc has been effective at
convincing people that it's now freedom and not tyranny. And at that ridiculous Bitcoin conference last week, somebody put together a little collage of clips of every time one of the main speakers said stablecoin. And it's just this long stream. JD Vance, everybody talking about stablecoin. Yeah, I saw it. I saw it. And so, yeah. It's comical. So I'm going to do a full blitz. media thing to, um, to alert people to these things that we're talking about. And by the way, it gets even crazier than this. So do you know, you may have missed this. Do you know which blockchain is used the most to mint tether? Okay. You do know. So, and Tron is a, uh, Jason's son is,
or Justin's son is a Chinese national. There are only In essence, it wouldn't be hard for the Chinese government to actually be able to take control and freeze Tether. Yep. And, okay, you could say, well, what's the big deal? Well, the big deal is Justin Sun is the largest owner of Trump meme coin, and he invested over ten million dollars in World Financial Group. King of the shit coiners. Well, so here's my question, right? So everybody talks about, you know, because everybody's got to pick a side, right? And so Nancy Pelosi is bad. On my bet, I was wrong. He's invested thirty million
dollars in World Liberty Financial and the Trump family bullshit DeFi thing. So everybody's like, well, you know, Nancy Pelosi made all of this money. on insider trading. And look at this Dem that did this. Well, what do you call it when the president of the United States launches a meme shitcoin whose largest holder is a Chinese national, who also invested in his family DeFi platform, and whose blockchain is used to mint the largest stable coin that hasn't been able to pass an audit that might be able to be technically controlled by twenty six notes. What level of corruption? What level of corruption is that? Where is that in like a Nancy Pelosi? Bill Clinton, like,
like map DEF CON map or whatever. Like, to me, we're reaching unprecedented levels. Oh, it is. It's the size of this house of cards is getting so big that when it does finally fall, it's going to be an absolute bloodbath on so many fronts. what's wild about it and what I suggested when I was trying to go through people to get to trump because I I took the approach of hey hey this is going on what if what if these guys are actually going to do this hey what if trump was almost shot and then you know he had a life revelation and now he's going to change everything and you know like just let's play the what if so let's play the what if game and then let's so let's try to arm him with the truth
gatekeepers everywhere no one wanted to talk about it but you know what they'll do they'll bail it out what they'll do is they'll throw the founders of tether under the bus which by the way isn't hard to do when you look at their bios these are people that have been involved in ponzi schemes before like the background of this group behind Tether, no one would back this. I mean, it looks like, have you ever seen, there was a meme from like, like, when everybody was doing ICOs, and it's like, they take the same guy, and they like, change his hairstyle or whatever, and then they give him one word names. And so like, now, it's the same picture of this guy on the ICO deck, but he's,
here he is in his CFO, CEO, and then lead developer. Well, it's like, like, this is what Tether, the Tether team is. This, this Tether team is not, um, would not be backable in any normal world where people did due diligence. But now that the Commerce Secretary is involved and now that everybody else has gotten involved and backed it, they'll bail it out. They will literally have the Treasury and the Federal Reserve bail it out. They may throw somebody to the wolves. They may throw the current CEO or one of the other guys to the wolves, but they will bail this thing out. This is why when I use the analogy of The big short two point. Oh, I literally mean it.
I literally mean they will bail this out at this point because everybody's so involved that and it would be so embarrassing and so devastating that they'll screw us again. They'll devalue the dollar that much more. Now, I saw something that I have to vet. And my guess is that it's related to one of these amendments. But what I saw in this article was that in the event of a bank insolvency, stablecoin holders will get bailed out first. Madness. Yep. Madness. What's also telling is one trillion dollars proposed to be allocated to quote unquote defense.
I think that's very telling as well. They know the shit's going to hit the fan at some point, and I think they're preparing for what that fallout's going to look like. Yeah, I agree. And then you add in Palantir, and Palantir's already doing, you know, Minority report level pre-crime stuff at the state level. And so, yeah, so they're building this infrastructure to try to handle the fallout. And you have the great taking, and then you have all this other stuff, and it's all just building. And again, the point is people have got to get out. There's no negotiating with it. There's no working within the system. There's no convincing people. these people to do the right thing,
it's so far gone that that's not even available as an option. So now it's just a matter of, can we cut through the noise? And so I do see a window of opportunity. I'm not saying that it's completely optimistic, but what I'm saying is that there hasn't even been an opening. The Trump thing has turned out to be a disaster simply because the technocracy was going unchallenged, at least when it was Biden. And people were angry about it. But you just throw some new words behind it and throw some Silicon Valley, you know, names behind it. And then all of a sudden, it's like, Oh, yeah, this is great. Did you see the thing? So right now, there are suspicious activity reports.
If anybody does more than a with a bank, an automatic report goes to the Treasury Department. It's called a suspicious activity report. Well, the Treasury Department about six weeks ago issued a policy directive that said for these thirty zip codes in California and Texas, we're lowering the amount from ten thousand dollars to two hundred dollars because why? Because they want to catch illegal immigrants. But but this is the thing that people are missing. The existing system is digital. The existing infrastructure and the ability by just simply changing policy is such that they can already do things like this. And so people are like, oh, I don't want to become like China.
It's like you're already in China. You're already getting canceled. You're already getting analyzed. Reports are already going to the Treasury Department. And now they're going to add stable coins. That's crazy. Madness, madness. Are you still doing, I know you've been pretty occupied with Roger and it's, you know, he actually, I was at the Bitcoin Cash Conference a few weeks ago in Ljubljana and he piped in during the conference live with three other devs at the conference. I don't know if you were able to catch that or not. I saw a screenshot of it, but I didn't get to hear the video. Yeah, it wasn't, it wasn't long. He was basically in between calls with his lawyer.
So it, um, he didn't get to, um, really, um, uh, speak much, but, uh, it was, it was definitely good to see him on, on air. So as it stands now, he's, um, what the, the third of this month, I think you said, um, is the initial hearing. Um, the first one was, was on the twelfth and they kicked it to the twenty-third. Do you think they'll punt again or you think they'll actually have a hearing? Well, the original one was supposed to be January the sixth. So I think we're on like a third rescheduling. I think that I'm planning to go, which is like the day after. I got to take a late, well, I guess not a red eye, but I got to fly right from Porkfest there. So I'm buying my tickets.
I'm buying refundable tickets, which is what I recommend that everybody do. But it does look like at this point, it's going to happen and as I said at the beginning you know we want to we hope that roger's not there because if roger's there that means he's been extradited he's probably in prison so uh so it's really coming out and showing support um hopefully in his absence but there's always a chance that it could be rescheduled and look the only thing that I can gather from this is the fact that he hasn't been extradited given that he's lost all of his appeals in spain must mean that there's some negotiation going on. So I would hope, I have no data to support this, but I would hope that
I mean, I guess he's dealing with the government. So, I mean, I've mostly the situations I've been have been civil and usually like in a civil situation, you're kind of like, oh, well, you know, if I've got this court date coming up, this is a good opportunity for me to, you know, negotiate a settlement so that both parties don't have to go waste all the time and money going through the court process. But this is the government. So they may have a different outlook. But I hope something I hope they actually settle something. between now and then if if they do settle is there is that the way around or out of the hearing or is the hearing mandatory will there be a hearing
regardless of of the outcome Oh, no, they could they could have the hearing completely canceled. Both sides would sign an agreement saying, here's what we agreed to and we no longer need to engage in this process. So the hearing is absolutely not necessary. Now, understand what the hearing is. The hearing is a motion to dismiss hearing that was asked for by Rogers lawyers. So they're trying to get the entire case dismissed on the basis of a whole variety of egregious things that have actually been done and even some other points about how ridiculous, how unclear even the rules were at the time. I don't think his chances of getting it dismissed are really all that great,
not because there aren't merits, but just because it's pretty hard to get a motion to dismiss. And this initial hearing, if it does actually happen, is this just setting the stage for a trial or what actually happens here in this hearing? Well, so this hearing is just on a motion to dismiss. So if Roger prevails, then the whole case is thrown out and he's done. If he does not prevail, then it goes to a trial. And I may be wrong on this because it's been a long time since I looked at the PACER, which is the official... court documents with the with the docket and the schedule and everything but I want to say that they allocated like twelve or fourteen days for the trial
which is actually a long time for a trial at least it seems to me and I can't even imagine what that's gonna look like I will tell you that um you know again if you look at the case you would say and even if you run the case through ai you'd be like hey roger's got a pretty good pretty good chance the problem is like the percentage of The DOJ has a really high percentage of wins, and they have a really high percentage of wins with tax cases. The other thing is, at least... Well, I don't even know if at least. I don't know if it's better to be in LA or Boston, but Ian Freeman's case was... was so tragic that the DOJ manipulated the evidence. I mean, and they were really selective.
It's like, well, we're going to pay this thirty second audio clip where if you actually played, you know, ninety seconds, you'd get a completely different interpretation of what was going on. But the jury is so unsophisticated on these matters that the DOJ was actually able to get Ian convicted for money laundering. And the judge threw out the money laundering conviction, basically saying there's actually no evidence. It's very rare for a judge to throw out a jury conviction. And the judge did in this case because there actually was absolutely no evidence. That is the degree to which the DOJ is willing to manipulate and the
difficulty with which it is to get a jury to understand these kinds of technical matters. So I don't know what all is going to happen. But I can imagine if it went to trial, they're going to play all these video clips of, you know, Roger saying things like, you know, taxation is staffed and a whole, whole variety of things, which are, which are a hundred percent true. and that we support completely but if you're in la depending on how the jury selection goes most of those people may have never heard of these concepts and so so I I don't know I I you know my hope is they it really should be settled I mean he actually should be pardoned and I mean truly right all of these other
cases these sec cases I mean look if richard hart can get have his case dropped and rotten Roger certainly can have his case dropped. Rogers is the most egregious example. Wouldn't pardoning be an admission of guilt, though it would be nullified, right? It just would would be stopped because pardoning is very specific. It means you are essentially admitting guilt and you're being pardoned of that. That accusation. You can actually get a pardon prior to getting a conviction. Usually a pardon, people think about pardons as something that you only go for after you've exhausted all of your other options, right? Roger's not been found guilty. Roger's not had a trial. So this would fit into the
category of what is called a preemptive pardon. Now, preemptive pardons are generally rare. I think the first ever preemptive pardon was Richard Nixon, but other people have gotten it. Until recently, a lot of people got it under Biden. I think Roger Stone got a preemptive pardon and then Anthony Fauci and Hunter Biden and others. So it is not an admission. of guilt and there are some good reasons why that you know he deserves that because again you know biden biden wanted a cbdc I'm a hundred percent convinced which is why I've been so passionate about this that roger was targeted because you've got to close off all the other options and you don't need roger going around talking
about bitcoin cash and zeno and everything else um and that's that's why because the grand jury was convened on this before hijacking bitcoin was even released. And then I think he's actually in a little bit more of a bind because some of these Bitcoin maxis don't want the new administration to know about some of the stuff that he was saying and hijacking Bitcoin. So I actually think he's been like, you know, hit from both sides on this, but, but the administration should drop it because it is Biden era. Like there shouldn't be any, like there's no expenditure of political capital here. Like what is the, how does this, this doesn't damage Trump to release Bitcoin Jesus from Biden era, uh,
crypto lawfare and people don't remember this. So I, so at the time when this happened before the election, um, I actually talked to a whistleblower within the IRS who actually said that, I mean, remember Biden was hiring eighty seven thousand new IRS agents. So Roger's case was intended to be an example for the rest of the industry, which the people that would be the most negatively impacted by this would in fact be Bitcoin maxis. Because in essence, what they're saying is, even if you hired a lawyer, even if you hired financial experts to value your crypto, we can come after you ten years later and retroactively reinterpret the rules and then hold you responsible,
which they could then take that precedent and go after literally everyone in crypto, including people that are Bitcoin maxis. Well, if you're trying to roll out a CBDC, and we know what they did with the banks, and we know what they did with the SEC and everything else, now you've had a chilling effect on Roger, and now everybody's got to be worried about using their cryptocurrency because of retroactive tax stuff. So people don't understand exactly how critical Roger was as a target for Biden. So this should be a no-brainer for Trump. I don't think it costs him anything. anything to drop this and you know I'm trying to be you know on the one hand I'm like all right here's
all this corruption and then I feel actually conflicted about like people need to know what's going on with the stablecoin bill but I'm like I don't want that to negatively impact you know roger but at the same time it's like look at this is actually happening over here yeah but they absolutely should drop drop the case there's no merit to it and um and and I don't know why um I don't know why. Hey, maybe it was Elon who said membership had its privileges and it wasn't somebody from the administration. So maybe we can use the Elon Trump division to maybe get Trump to revisit a pardon. But the most likely, but the most likely thing should be, I would think that the DOJ
drops it just like, you know, the different federal departments drop the other cases like the CFTC drop their cases, the SEC drop their cases. I mean, that should be the natural thing. flow of things outside of blanket pardons for everybody and unfortunately as we know the doj is not the the doj hasn't done much of anything related to any category of thing let alone crypto so in this instance whereas the sec a big percentage of what they do might be crypto related crypto is a pretty small percentage of what the doj does and so so they're still going after roman storm they're going after the tornado cash guys they're going after the samurai none of none of that has been dropped it's
not even specific just to roger there's been no activity. I don't even know if there's acknowledgement. Does Pam Bondi, does the AG, do they even understand what's going on here? Is this even like elevated to the level of something that they even know to pay attention to, right? Like honest question. I think that this is why this is probably going on longer than it should, but I really hope it gets resolved. I don't think, I mean, look, with this, everything blowing up with the Trump administration, and if it's true what Elon said about Trump being in the Epstein files and that the truth is going to come out. Well then, I mean, how much longer is Pam Bondi going to be there?
How much longer is Kash Patel going to be there? How much longer is Dan Bonji going to be there? And then that means all new people. So whatever's actually going on now, you've got a whole new like rank ordering of priorities with whatever the biases is for the, are for the new person that's in there. And so it's just like, So whatever, I'm hoping not that I have any influence over the outcome, but I hope that it gets resolved as quickly as humanly possible. Now, I know at one point you'd mentioned some key individuals that had close ties to Trump that were at least trying to run it at the flagpole expeditiously. Is that a dead end or? I have no idea. I don't know what's going on.
Like, I don't know any of the. details of what what is going on on a day-to-day basis I actually don't talk to roger about the case at all I in fact deliberately and explicitly because I you know I don't want anybody to think that either that I'm speaking for him or that that you know I'm I'm directly involved because I'm not I'm not a lawyer I don't have attorney client privilege I mean it's been reported publicly in the new york times that uh roger he's working with roger stone Um, and so, but, but again, I have no idea. I look, I can, I can assume that things are going. The fact that he has not been extradited to me means that something is going on. I don't know what's going on
and I don't know who's involved, but I do think something is going on and I'm sure, and I'm sure there are positive things going on and he has good people working, uh, with him. I mean, I, you know, I know that, uh, um, He's got Tracy Thurman in there. He's got Angela McArdle from the Libertarian Party has been involved at some level as well. I think he's got a good team, but I don't know what all that means. I don't know how that impacts. Then there's just stuff where you just think about it. What bothers me about this, and again, I have no information about it, but when I see Michael Saylor sitting there with, with Eric Trump,
when I see the Winklevoss twins, you know, as one of the big donors to, to, to his campaign, I'm just kind of like, all right, well, so who in Trump's Bitcoin inner circle is there advocating either advocating for Roger or at least providing any level of, of a balanced view. And so a lot of people showed their hand for sure. It's really disgusting to me to see how many maxis, We're so quick to throw Roger Ver under the bus when all this started to shake out. I mean, you don't have to like the guy on a personal level, but you have to concede that you would have nothing to do by and large with
this industry if it weren't for this individual that's done more for this technology than any other single person on the planet. he didn't name himself Bitcoin Jesus. He earned that title for a reason. You know, it really disgusts me to see how a lot of them reacted. Well, and he hates it too. He actually doesn't even like the title. Right, right. And look, I didn't go to the Bitcoin conference, but I didn't see, I didn't hear any of the talks mention him. I know that there were some people there that like Mark Edge and others that were advocating for Ian and then actually a whole group that had a handout with I think four different four different people. I saw it, but,
but I did hear that there were a lot of people bad mouthing him there. And, and I, and I just, I mean like to your point, they don't even understanding that they're actually working in their own against their own interest because, because I guarantee none of them were as diligent about, handling taxes and everything else is none of them were as diligent as Roger about that. So, but, but at the same time, I mean, I, you know, I even, I even know some maxis that went, that are actually kind of disgusted by that event that, that are like, no one was talking about freedom. It doesn't even outside of Roger. It's like, Oh, they jumped the shark, man.
They jumped the shark a long time ago. That's the, and that's the whole, The whole divide is specifically with with Bitcoin cast that I'm an advocate of and we're just calling them out for For what's happened for exactly what's happened. I was really hoping that Ross would would actually shout out Roger specifically and his speech he delivered a good message I think as a whole but I was hoping he'd actually say something specifically about Roger which he didn't but Well, I'm going to see Lynn and Ross at Freedom Fest next week. And actually, Lynn's going to have a table at our Porkfest tent. And so I talked to Lynn quite a bit about this and other things.
And so my guess is that Ross was probably told Now, well, if you were there, so is it true? I wasn't. I wasn't in Vegas. I was in Ljubljana the week before. Okay. I mean, because I heard reports that sailors spoke before Ross and a whole bunch of people just left and that there were a lot of empty seats or whatever. Yeah. But, you know, look, if you're Ross and you've literally been out of touch with this, don't know how you know how I mean he's had some time to get up to speed but of course at the same time it's amazing that you know from what I've heard from other people if you have gone to that prison experience for that long you know I would I would have expected him to take a
full year off before even oh yeah I was actually very surprised to hear that he was uh speaking at the event and that's what I said as I I disappear for at least another a year go completely off the grid But he seems to have jumped in pretty quickly. So, yeah. So, I mean, it was courageous that he jumped in, but my guess is people probably told him that, you know, don't mention it at this crowd. And I wish he had mentioned it at the same time. I'm not, I'm not, I don't know if it would have helped. I mean, he literally might've gotten booed. Like, like that's true. That's true. Um, but I, but you know what, at freedom fest, I wouldn't be surprised if he doesn't mention Roger at
freedom fest or, or maybe at port fest. Like I do. I, and we know he's supportive. He's put out tweets. I mean, there's that tweet of, uh, of you know roger holding a free free ross sign and then you know ross holding a free roger sign or whatever I get so I know he's supportive of it I think it's just kind of a you know know that try read the room kind of thing and so yeah everything in its time everything in its time but you know crazy um I don't know it's crazy to see to I you know there's other stuff so I mean you probably know this roger was like the first investor in xrp when it was only one guy yeah and um and I think he paid the salaries of like garlinghouse and and
david schwartz or whatever some of these other people and they got and they haven't even come out in support of them and it's like who who are these people like what kind of Like, are you an IRS maxi? I mean, and at no point, by the way, everybody that I've met, because now at this point, I've traveled everywhere. And every time I talk, I talk about Roger. He's one element of the presentation. And so, but I've never met anybody that's actually worked with him or interacted with him that has anything other than great amazing things to say about them in fact it's like baffling I mean I'll go to a place where it's like I'm giving a talk in mexico and it's like oh hey roger
helped put up money for this orphanage that happens to be just near the venue that we're at and it's like wow jesus christ I think it's it's it's crazy because usually you know you're like you're well you're gonna find out all this bad stuff about somebody and that's it's the opposite here and so the fact that people I think he's the most maligned person in crypto and it's and it's it's absolutely disgusting But anyway, hopefully good things are happening. He's got good people. And I just again, I worry more about these macro shifts. I mean, again, I don't think Trump is like driving a top down strategy here. I just think he's easily influenced by these nefarious actors. And to be honest,
I don't know anything good that's come out of Silicon Valley venture capital with respect to cryptocurrency. They didn't have anything to do with it in the beginning. And most of when they got involved was actually to be involved in pushing pump and dumps. They got heavily involved in ICOs. And so it's kind of the wrong set of people that have Trump's ear. And I don't know any way... to do anything about it. I was even going to try to get to RFK, because I've got multiple inroads to RFK. But when you start going down that path, you find that Shanahan, his running mate, her boyfriend runs a lightning network company. So RFK, you know, all of a sudden, he's like speaking at that
conference that you were at last year, and now he owns a whole bunch of Bitcoin. And now he's pushing this and, and I do feel like RFK is the kind of guy that will look at information right that he's you know he would be interested in pursuing the truth and he's open to seeing a different perspective but I you know I tried to get him a copy of hijacking bitcoin um and I and I probably should have pursued getting a meeting with him because now we're almost at that point where how do you unwind this like if if people were to find out what happened if people were to find out that you know look I'm at the point right now where not only are stable coins a mechanism for funding the
us government so is bitcoin and and they're using civil asset forfeiture and taxes to do it so it's a surveillance it's surveillance digital gold stable coins are surveillance uh cash and and so both are funding the the government and all of the tyranny that's going on so bitcoin btc is now actually part of the problem well how in the hell are we going to get how do you how do you even make this argument and I was at a conference it was actually more than a year ago I think it was like december of I talked to cynthia loomis I gave her my book I gave warren davidson warren davidson a copy of my book I gave um uh the senator from uh ron wyden
a copy of my book, and I talked to him about it, I gave Ted Cruz a copy of my book and talked about it. And it but it was my book, because it wasn't it wasn't hijacking Bitcoin at that point, because I was trying to talk about CVDC. I guarantee none of these people have even heard of it. So the one hand, it's like, yes, they're corrupt. On the other hand, literally, how could they know about the hijacking of Bitcoin, if Roger literally never even had an opportunity to talk about it. I mean, they're not gonna hear about it because I'm talking about it or you're talking about it, right? Like it wouldn't bubble up. And there are so many people surrounding these politicians that are
funding their campaigns and pushing this other narrative. The whole thing has just been shoved to the side. And now we're like, now we're at the point of no, now we're at the point of no return. Although I do hope the Bitcoin Strategic Reserve dies. I hope this whole fracturing that goes on isn't just performative. And now we actually start to see a deep divide. I certainly hope people don't think that Elon is going to fund the libertarian party or that Thomas Massey and Rand Paul could be a ticket. That's just never going to happen. And by the way, it's kind of like RFK, uh, I mean, as much as people like him, it's like, was the guy not smart enough to realize he wasn't going to
be able to get the nomination in the Democrat Party? And then was he also not smart enough to realize that third parties aren't viable? Like, is anybody doing any basic research? There are reasons, pretty objective reasons why these things work. Can't happen. I mean, I've seen Elon talk about, oh, now he's talking about doing a constitutional amendment. I've seen this, you know, conventions of the state. I've seen all of this shit before. And it's just all one more rug pull, all one more. You know, if Elon was saying. if this doesn't work this time around, it's the end of civilization. And now we're talking about the midterms again, was it the end of civilization or not? Right. At some point,
is he just trying to extend the false hope? Cause it is false hope. You don't unwind the, Ponzi schemes. You don't unravel a failing empire. Whatever. We'll see what happens. Do you have any connections to Mike Benz? Do you know Mike Benz at all? I have met Mike Benz at an event, but I can't say that I've met him, but I wouldn't want to make any representation about actually knowing him. I didn't meet him, but I was able to actually personally place a copy of Hijacking Bitcoin in his hands last year in Nashville at the conference, which was cool.
It was an interview, kind of a roundtable with Preston Pish, I believe. And they actually ended up getting into it over Tether right when it was really getting interesting. It was one of the last stages and meetings of the conference. It was one of the side stages. And so it was literally wrapping up the conference and it was really getting interesting. And Mike was asking some pretty tough questions regarding Tether and and Bitcoin and, and Preston was dancing a bit. And then all of a sudden they're like, Oh, we got to go guys. We got to wrap it up. It just, right when it was getting interesting, they just pulled the plug on the whole, uh, whole interview.
But, um, as he walked off the stage, I was able to physically put a copy of hijacking Bitcoin in his hands. He's been very, um, uh, observant and critical of, of tether for a while now. Um, I think it'd be a great person if you could connect with, uh, more and have on would be a really good discussion. He was on Rogan, I think, just not too long ago, a couple weeks ago, I want to say. I do have his email address, so I can ping him on this. I think I'm going to do this next article and then start doing the rounds on this and then seeing who all we can pull into this. Also, I'm very curious to see who's going to shut it down. Now that Tether's a big investor in
It's going to be fascinating to see kind of the layers of censorship to this. But it would be good to get him in on Tether, but then also USDC. And, you know, to a certain degree at this point, like if you would ask me six months ago, I thought Tether was the big scam. And now it doesn't even matter if it's Tether. They could allow the four big banks to issue these stable coins. It's still the same problem. Now it's like, what is the actual... But I don't know how to, well, we'll see how much traction that we can get. But as you know, once you get outside of our circles, most people have no idea what any of this is. And so how you get a large mass of people to realize exactly.
That brings me to my next question. Are you about ready to get back on the seminar and educational horse again and start doing some seminars? I think that's, Nobody's coming to save us. It's up to us to get the word out. And that word can and will spread in time. And I see no better avenue than actually doing what you're doing, being a loudspeaker, a voice, educating. And I think those seminars that you were doing are pretty critical. What's your forecast looking like for that? So the reason that I stopped doing them was that I was waiting. I wanted to be able to, because I would do... I would do the seminar and so we would onboard people to, you know,
one or two cryptos using crypto wallet. and then maybe teach them you can buy some gift cards or whatever and and then I realized it's just in order for this to be effective what we actually have to start facilitating is direct peer-to-peer commerce if we're not we actually are out of time to do I mean if this is one of these things where and I live on crypto but I'm still using crypto debit cards and I'm using a lot of gift cards and everything else that's not going to fly because those things actually can be cut off pretty easily, particularly where everything is going. And so then where I went with it was I was waiting for now payments to integrate Zeno. And in fact,
this was supposed to happen last November. They actually got through, they were working on it technically and it was about to happen. And so then I'm like, okay, now imagine we're doing a workshop, we're onboarding merchants and we're onboarding customers where at the end of it they can actually make a direct transaction well now payments is moving completely out of privacy coins because they're based in europe and now this is whole all of the legislation that's been passed there and so I've been in a holding pattern because I don't want to do the workshops again until it's meaningful on boarding where where people can walk away from it and and and be in a position where it's
like hey yeah now maybe I can now I'm I'm Educated enough I can go to local merchants and I can start to get people on board people can start to do things What about actually targeting those merchants instead of the general public? Well, I want to target both. And so I want it to be actually both because we know what the problem is with this, right? How many times in the history of crypto has it been where somebody onboards a merchant and the merchant thinks like, hey, this is a great deal. This is an opportunity for me to sell more customers. And then they're a push pin on a map somewhere and then they never do another transaction again. the entire time. So I'd like to try to
complete the circuit. And literally just in the last ninety days, we now have the tools to do it. And this is part of actually why I wanted to do this thing today, which is like, I'm psyched about the technocracy division, but I'm much more excited about the fact that, you know, like for instance, Zeno is now in the Zeno wallet, Cake wallet, Bitcoin.com wallet, and Edge wallet. And there's a point of sale system and there's a PDP marketplace. And I actually think that this FUSD Freedom Dollar stable coin is the killer app for Zeno, but it's also the counterpoint to stable coins so so now I want to go with with all of this and really onboard people to an ecosystem and then the I'm not going to
wait for this but actually the tech is done this ability to bridge bitcoin bitcoin cash and ethereum into xeno is also another big deal so I actually created a plugin for woocommerce where anybody that's using, I think there are eight million merchants using WooCommerce can now take Zeno and then I'm gonna add Freedom Dollar and then I'm going to add the bridged BCH, Bitcoin and Ethereum so that now, okay, you make your transparent assets private and now you can actually spend them. Now there's a marketplace and there are merchants that you can spend it. So finally, all of the pieces have come together and they've really come together in the last ninety days.
So what I'm going to do is I'm going to spend the summer. I mean, there's still some kinks to work out, but I'm going to spend the summer really working on the materials and the materials might be and I might even do a thing where it's like, you know, take this online webinar first and then show up so that I can get Some of the material about the threat of CBDCs and some of that background done so that we're actually hitting the ground running where it's where it's really hands on. And I see these as being like, I'm going to bring, you know, five or six people with me to help people to walk them through the process, because that is that it's always been. kind of the case.
But if we can do that, then kind of in the fall, I really want to ramp this up. And it will be global. Because as I said today, these people from New Zealand want me, I've had people request this from all over the place. And so I'm willing to go wherever the most demand is. And I think that it's, I may even put together an advisory board and have a a separate little conference with leaders in some of the merchant categories that I think are essential and where they're likely to be the most interested. So get somebody in the food freedom category that knows all of the main people in the food freedom category.
Somebody from the health freedom area and get together and have a powwow about how we can leverage those networks to onboard those merchants and be strategic about which merchants we onboard. Because again, I think certainly anybody can join at any point in time, but I think we need to get the basics down so that when they elevate this, when it gets to the point where your only choice is a stable coin, And they start ratcheting that up. We have to have not just technology that could be used. We have to have technology that's actually being used and where the UI has actually been worked out. So now, hey, here's a marketplace of farms all over the world where
you can buy whatever you want, you know, peer to peer using a privacy coin. And here's a solution for this. Because we have to win by having a better product in the marketplace. And that's going to start by getting these early adopters. So I'm planning on that for the fall. But it has been a setback. The point of sale thing was a setback. And I did that DEF CON... one thing last year, and I'm like, Okay, I found a bunch of wallets. And then I thought we had a point of sale solution. And that was, that was unfortunate, I actually created a little point of sale system, myself, which I'm going to decide, figure out how far down the rabbit hole I need to go, I've kind of determined
that spending more time on the plugin that can be included in WooCommerce. And all of these existing things is is a better use of time now, but I might further spend time developing a point of sale system. In fact, the idea is to have a point of sale system that competes with Square. When I was on my fast, I went through this period for like a week where like all of a sudden, like I'm writing two books and coding at the same time. And I'm like, I haven't coded in thirty years. I'm not the greatest coder in the world, but I know enough, actually, I've run enough tech companies where I, all right, now I can actually piece this together. So like, hey, I've got a prototype,
managed to figure out how to get all that working and connecting with the node. And then I'm like, hey, I'm going to buy a touchscreen for Porkfest and all this other stuff. And then the fast, you know, went downhill kind of after day twenty one. And now I'm actually trying to figure out what I did. I'm actually happy to relearn what I did during that other period. It's a little embarrassing, but we will have a full set of tools. And then being able to bridge Bitcoin, Bitcoin Cash, and Ethereum in gives you more buying power. So if people are rushing in to exchange for the privacy stable coin, and then you have people that are at least becoming aware of the fact that they have to actually
make their transparent blockchains private or they're going to be tracked, then I mean, there's a huge amount of actual transaction volume that should be coming through the network. And that's exciting. I know in the past you've used BCH heavily and been a big advocate of it. Have you been paying attention this last year with a lot of the developments? And do you know about the latest upgrade that we pushed May, I saw that there was an upgrade, but I, to be honest with you, I don't know what all of the specific details are. So it was VM limits, virtual machine limits, and big integers upgrade, we call it Velma.
They've kind of got a pretty cool ongoing theme with female names on these upgrades, which coincides nicely with the conference every year. But this allows developers to really put the pedal to the metal in creating solutions on the chain going forward, including This really does open the door for more robust privacy solutions. We already have Cache Fusion, which gives you anonymity if need be, but the valid argument is that it's not encrypted privacy like a Monero. But with this new upgrade, we really have the potential to...
to do some big things in that space on chain, like we've always done, not a side chain or an L-two. So maybe something you want to keep an eye on as well. It's love it or hate it, it still holds the granddaddy name of Bitcoin and it shares the Genesis block with the BTC. So I think that pulls some weight. And the fact that it is one of two coins, that has no known issuer. Um, I think that also carries weight that that's often, um, understated. Um, the fact that Satoshi Nakamoto is essentially the inventor of both. We just have one that scales.
So again, I'm not shilling BCA. Well, yeah, yeah. I mean, I'm an advocate of it, but, um, um, something I think you should maybe keep an eye on, um, in, in the future, cause they are, they're doing some big, big things, um, Yeah, I mean, I'll take a look at it. And again, what I like about Zeno is that Zeno is basically a privacy layer that can tokenize other assets, including Bitcoin Cash. So what essentially it's going to allow people to do is retain the unique features of each individual blockchain, but simply wrap a privacy layer on top of it. So I'm not anti-Bitcoin cash.
I'm not anti any of these things. We've got to figure out how to get the privacy layer going and creating an ecosystem around it. And Bitcoin Cash is part of that. I mean, that is part of confidential layer. And my guess is, I mean, I've seen a hint of it, but my guess is you're going to be able to take your Bitcoin Cash probably in the bitcoin.com wallet and like just a click of a button inside the wallet, convert it to a privacy form through this tokenized thing. So I'm all on board of that. I'm still, I'm a Bitcoin Cash fan, but I'm heavily like, privacy is key and Bitcoin Cash has less of an issue. I don't know if it's tracked as much as Bitcoin, but man,
when you see what's going on with chain analysis and everything else, like the transparency thing is kind of a deal killer. Like people are getting crushed with this stuff. Like to the point where In legal disputes, it's, you know, with a bank statement, you may be able to go back seven years. With crypto, it's like, it's everything. And so I, you know, so I'm not just Zeno. I mean, I still, you know, support Monero and everything else. And I'll take a look at the BCH website. the thing as well and what some of the privacy upgrades are. And that's great. Cause again, to me, privacy is now fundamental. And it wasn't when I first started talking to you because it, I mean,
when we first started talking, I, you know, I was just coming off of the, this was the BSV trial with Craig Wright. And then, you know, I'm sitting there scratching my head. It's like, they're building these CBDCs to do a million transactions per second. And it's, and, and, and everybody in crypto is like, well, it's got to be my chain. It's like your chain is not going to be able to, no one chain is going to be able to do this in a short enough period of time. Think about it. How do we get to twenty seven trillion dollars worth of of activity using one chain? It's like we need to. I like the part about Ross's talk was that we do need unity, but we need to recognize
what we're unifying against and what we're unified against is is technocracy and digital surveillance coins like that. The infighting is like it's like we're battling for nine hundredth place, right? I mean, it really does feel like that sometimes. And so I hope, you know, hopefully the BCH community and the Zayner community, I don't even view them as being opponents. I view all of this as actually being complimentary. And, you know, so I don't know if you're going to be able to make it to Porkfest. I hope you can. It's a bucket list item. I won't be able to make it, but I'd love to get, I don't know if you saw my message earlier,
I'd love to get you some cash stamps to hand out up there. I'm going to get a stack to Sally Mayweather as well to take up there. I think he's going to be there at least a couple of days at the end. So yeah, let me know if you want And I'll get you a stack of cash stamps for the event. But yeah, it's on the list. I'd eventually love to go and take the entire family for the week, but it's not going to happen this year. Yeah, well, it's too bad because this definitely would be, this is the year. Yeah, I was just looking at the schedule today. It looks like a fantastic lineup. Yeah, I mean, you know, Ross Ross showing up and everything else. I'm still holding out hope that Roger makes it and
either virtually or otherwise, but I you know, I don't know at this point. But But yeah, it's just I just texted you my address. So cool. So send some cash stamps. But, you know, I think this will be a big, big, big event turning point because so many people got on board into Bitcoin and, and now the two main tents are all privacy. coin related and, and everything else. And so, but I, but, but, you know, the Ross's unity message, we really need to, I mean, look, it's still not there. Right. I, so all of these conferences that I've gone to, which has been exhausting, um, even the crypto ones are not focused on, um, on adoption and use. Um, or it's in fact,
so many people are like, well, yeah, you know, we lost, On medium of exchange, but maybe we can focus our efforts on DeFi. It's like if you lose medium of exchange and you're losing medium of exchange to people that- You've lost the plot completely. Completely. And by the way, I've been on X spaces with alleged OGs that are running various, and they're saying this. They're like, well, I've been on these panels about Are stable coins good or not? People are like, oh, it's great for adoption. It's like, yeah, it's great for adoption for a backdoor CBDC. It's the exact opposite. I hope something happens that can stimulate unity
around the fact that we actually do have a common enemy. And the common enemy is not each other with these blockchains. We're not in a... we're like the corner store you know like we've got two corner stores and we're fighting each other and we're going up against walmart and it's like we're you know it's it's not even um and it's hard and it's hard when the price goes up on bitcoin it's hard based on the amount of propaganda being pushed by the government now and everybody else and so but again I think there's there really is hope here and I think so yeah I am going to do the workshops and I'm going to do them internationally as well, starting up in the fall. I'll do an online version,
but to be honest, I'm realistic enough having done these that online doesn't, yes, more people will see it, but I mean, you know this, people are so passive Even with these podcasts, everybody's just like, yeah, I've got it on in the background or whatever. But the number of people that actually take action, it's the same with a book, right? I wrote a book and here's some instructions. And then inevitably people are like, well, I just struggled to take the first step, right? And this is where the in-person, it doesn't scale, but at least, but if it's done- No, I think it's great. I think that's the right approach. I concur fully. And if we can teach people- to start teaching other
people which is the other the other piece of it so I don't know exactly I will I'm actually optimistic um because the tools are in place I'm I'm optimistic about this you know perceived or maybe manufactured division and so now it's just like it's full steam ahead and well keep me in the loop I mean this is exactly what spurned my initial reaching out to you a little over a year ago now was the seminar. So I want to do this in my market. I want to teach other people to do it in theirs. So definitely keep me in the loop. I would love to be a part of it any way that I can, but most specifically in my own market. And my idea has been to kind of create a
A curriculum style of information with a marketing system that can be easily disseminated to anybody in any market and they can run with it in any language. I'd like to create just like a workshop model that can just be easily disseminated on a simple USB drive. Here's your PowerPoint. Here's all the slides. Here's all the videos. Here's the instructions. Here's the marketing solution. Step-by-step instruction to just plug and play and run with it. And if you can get, get five thousand USB sticks around the world out there, you're going to have an impact because that's, that's going to have a compounding effect. That's a great idea. Of course, I will say we'll have to figure
out because what I will say is even doing the workshops, the problem is the technology changes so quickly. But nevertheless, if they're downloading it, just make sure they're getting a fresh copy because that's the killer with these workshops. Sure. But I love the idea, and it would be great if we could really scale this up. And I think – so like I said, I'm going to spend the summer completely – renovating the workshop. I mean, it's not even going to be anything like what it was before. But I think we're at a point to do that. And then this would be a great opportunity. I like your idea for scaling this up, because obviously, I can only reach so many people, we want to get as many
people to be able to do this as possible. And we're giving the ideas I was asked to present at a small workshop for the Libertarian Party here in Tennessee for their gala. They actually had their gala in Chattanooga. And so I did about an hour presentation there. I just called it lucrative liberty and it gave me the idea that I saw the, I didn't have many people there, unfortunately, but, you know, it was a small group and they were very interested in engaging lots of Q and A. And I said, well, this is something that can absolutely be built upon, scaled, and disseminated far and wide. So yeah, man, let's,
let's work together or let me know why I can, I can be a part of that because I think it's, if we created a resource that people could just go in and like you said, download a package with instructions and not everybody is a developer. Not everybody has the gift of God, but you're going to find some people out there that are good in front of other people and like to talk about and sharing that are as passionate about this stuff as we are. So it's just finding those individuals that will run with it. I like it. So, yeah, I will obviously be in touch with you about it. And I'm also trying – I want to – But my kids are turning fifteen, so I actually want to spend some time with them this
summer because I don't have very many summers left. I know the drill, man. I know the drill. I know. So so hopefully this summer I'm just going to be I'll be doing podcasts and I'll be doing the workshop and everything else. I really I will. I say this honestly. I really hope to not outside of Porkfest do much traveling this summer. I mean, there are a few things that, you know. emergency situations or whatever, or certain circumstances. But I, I am putting this out there. I do not want to, I know I've got people already inviting me to events. I really need to take the summer to get, to get all this stuff organized and together and actually to get myself, you know, in a position.
Cause I think it's going to be, it's been intense for the last two years and it keeps on getting more intense and And so, you know, I think we're in for we're going to be fighting the good fight starting this fall. Like, I actually genuinely think I'm excited about the people that are surrounding this, the Zeno ecosystem. And, you know, and kind of the momentum that's going on there. So a lot of the people that were disaffected by what's happened. with Bitcoin. Obviously, a lot of them are celebrating generals, endorsing strategic reserves, but the OGs that got in this for the right reasons, I'm seeing renewed enthusiasm and galvanizing around this.
But I partly brought up the Porkfest thing is that steve patterson's coming and we're doing a panel and I just did an interview with him yesterday for like two hours and you know we originally had this agenda it's like I was going to talk about stable coins and everything else and we ended up talking about religion and philosophy for two hours we didn't even talk about hijacking Bitcoin, which is great because that's actually aligned with what he's doing with his primary interest. I mean, hijacking Bitcoin was a project just because he wanted to kind of get it out of his system, like this cathartic, you know, like actual disappointment that, hey, here's what actually happened.
But now I can move on from crypto to other things. And so we talked about, well, what is what is he going to talk about at Porkfest? It's like, you know, we don't want to do hijacking Bitcoin again. In part because there's almost like no one's actually refuted the book. There's actually, which is amazing. But I think there's a more important thing that we came up with, which is the title is basically, okay, Bitcoin was hijacked. So what? Now what do we do? And actually, the idea being, we need to figure out, we know how it was hijacked. We know that it used propaganda and censorship and all of these other techniques. But here's the thing. We haven't figured out how do we make sure that
doesn't happen again without actually engaging in those same tactics? We actually don't have a solution for this. And I was on Monero talk yesterday. And I think part of what we're talking about, look, they're going to be one hundred percent. deep state actors that get involved in this and try to screw this up. There's, there's no way that that will not happen. Right. Um, and so, um, and again, I'm, I'm actually literally just throwing this out as a, as a question, right. And this is going to be the topic, but what do we do about it? And I think we should probably, uh, get some, get some thoughts together. I mean, obviously, um, being vocal as it's coming up is part of it.
But we really do need to develop kind of a game plan because I am already worried about it. I'm already seeing some stuff. There's some division going on in the Monero community around certain things. I was going to say you were on with Dugan. What's his last name? Doug. Yeah, Doug. Doug Tooman. Tooman, yeah. Who's the guy that wants to physically fight this dude? Did you see this? I saw that. Some guy named Maverick. And I'm like, you know, Doug is genuinely one of the nicest collaborative people. Like, you know, I went to Mineratopia. And so we're jointly doing this tent at Porkfest. I'm like, hey, Mineratopia is great.
He invites multiple different projects. He doesn't make it, even though it's called Mineratopia, like there's this collaborative approach. This guy has been out there promoting Minero and its use. I mean, you know, he's a, I call him close to a maxi, but he's still open to some of this other stuff, but he's, he's definitely a primarily dominant, you know, Minero guy. And then he gets this kind of stuff and it's like, I feel bad for him. But then I also look at it. I'm like, but but genuinely is the person doing this is this just kind of an independent rogue player or or is this a coordinated attack divided to designed to divide because the minute you're coming in and you're
making this about like you know uh it's the jews or now we're making a white versus black thing or whatever and every time I look at that I'm like it like you're gonna hijack a crypto thing around this theme. Like this is, this seems, it's highlighting how incredibly hard keeping things decentralized is. This is a feat of epic proportions. Yeah. We are against all odds in every way, man, every way. There's so many ways that this can be derailed. And I mean, it will be an absolute miracle if we can, have a peer-to-peer electronic cash system for the world. It will be an absolute miracle, but it's something worth fighting for,
for sure. Well, look, I look at it like this. And so many people don't understand this about Roger. Again, he's the most maligned and misunderstood. People are like, oh, Roger created Bitcoin Cash. No, he did not create Bitcoin Cash. He was undecided on which way to go. and what drew him to bitcoin cash is kind of generally the understanding of whoever's doing the censorship and the propaganda those are the bad guys and that historically is the case and so um so you know so that kind of pushed him into but look at how like so my minor thing so I write a tweet when this book comes out recommending it he retweets it and so then now I'm like blocked by
everybody sale safey all the bitcoin core devs all of them right and and so they're they're they're people that today will say oh roger's lying about censorship it's like I didn't even do anything except write a paragraph about the book and then and then I find out that like Lop has a... There's a GitHub with lists of people to block. They not only block, they auto-block. They completely... uh do everything that they can to shift away from discussions but but what he's going through now is the ultimate censorship and propaganda campaign and in this case it was it was it was pushed by the state and then he's got the same people that were censoring
him uh in the private realm also continuing this and it's and so so now we have to look at this so when we're saying well what is the solution well hey look the main guy fighting for the truth of this is now on day four hundred and two in Spain, facing one hundred nine years in prison. And he was silenced during the most probably the most critical time when people needed to hear about hijacking Bitcoin. And it is now the critical time when people need to hear about Zeno and adding this privacy layer to enable peer-to-peer, not only digital cash, but the peer-to-peer transfer of all assets, whether digital or real world. And so it's like, you know, other people are stepping
up trying to communicate this, but it'd be like a hundred X better if Roger were able to do it. And they know that, and this is why this is happening. This is literally the level that we are up against. And it's, so we got to come up with a solution. Yeah, the old adage rings true. If you want to know what's going on, follow the money. If you want to know the truth, look at who's being silenced. Yep, exactly. So anyway, I do think we can figure it out. And the thing that I'm encouraged by is that the OGs that are in it for the right reason are actually, they're getting some renewed energy because I've talked to a lot of them and a lot of these people are like, they just, you know, They are,
but it seems like they're all bike shedding because they're so incapable of accepting the fact that unless BTC scales, it simply does not function as a medium of exchange. So now they're bike shedding all of these drive chains. And of course, there's the whole OpCat and not debate that's going on. It's like it's the infighting when at the end of the day, they're all nobody's, it's like they're completely turning a blind eye to the root of the problem, which even if they had all of these things in place, it's seven transactions per second. You cannot have a global monetary system,
a network. It just does not work. No, no, it doesn't. And I've given up on, on, on those. And there aren't that many of those people, frankly. I mean, again, this is why I go to, let's go to, to, to people that are, uh, new to crypto and it's like ninety nine point nine percent of people have never used crypto for peer to peer digital cash. But you're right. And by the way, I actually find it to be amusing to watch even the knots debate and everything else, because there's a significant portion of people that are that that are like BSV fans that are like, well, hey, if we can use ordinals to convince them that they need to increase the block size, uh then we can leverage the
network effects of btc to get btc to turn into what bsv is and little to find out what are they trying to do now they're trying to basically censor your ordinals information like they're not they're not understanding that this thing was taken over literally by technocrats that do not fundamentally understand the economic incentive structure of how the whole thing should work. So Jack Dorsey announces that Square is going to take Lightning, right? And so people get excited about this and everything else. And then you read the fine print. He's like, well, subject to regulatory approval. So, okay, let's be realistic about what this means. Square is going to become a liquidity pool
And the liquidity pool is going to become regulated, which means he's going to have to actually track all of the customer data. It's going to absolutely have to be reported. There is no... way that that's not what this turns out to be. So now, you have surveillance layer one, and you have a surveillance layer two that undermines the economic system of layer one. Like, it's just it's it's a perpetual bullshit motion machine. I can't. Exactly. That's a perfect analogy to professional bullshit. But they still, you confront them with the fact that even in the lightning white paper, it clearly says in order
for an individual to complete, for seven billion people to complete two transactions a year to open a channel and close a channel, you've got to have a hundred and thirty three megabyte blocks. And they're still stuck at one megabyte blocks for if you include Segwit, Shitwit. It's absolutely bananas. So it doesn't matter what all they're going around and around and arguing about when at the end of the day, it simply cannot function as a peer-to-peer electronic cash system without scaling at the base layer. Well, but the important thing and what really keeps the system decentralized and really important is that you can use your Raspberry Pi to watch central banks
exchange cryptocurrency that they've used civil asset forfeiture and taxes to steal from people. Got to run my Pi. The whole node thing as well. I know that's a contentious argument, but it's like, I really don't think most people realize that they don't have the power that they think they have by being a passive node that's just observing. There's a great section in Who Killed Bitcoin? I don't know if you ever watched the Who Killed Bitcoin documentary. It's a two-parter. On the second one, they're both excellent. I highly recommend them both. Just YouTube, Who Killed Bitcoin? There's one and two.
The second part, and then I forget this guy's name, but he uses the analogy of a football game. You've got the referees and the minors out on the field actually playing the sport, and the audience are the passive nodes. Well, if something happens on the field that the audience doesn't like, they can protest all they want, but it's not going to change the outcome of the game in any way, shape, or form. And people think that they're somehow protecting the network and adding security to the network by just passively watching transactions. It's laughable. It's laughable. The miners have the lion's
share of the power and what gets mined and put in the next block. I mean, at the Lionshead, they have all of the share of what gets put in the next block. And people say, oh, but my nodes, you know, I got to run my node. And I get that. If you're a merchant and you're engaging in commerce and heavy transactions, you want to be able to see what's going on for your own sake. But the general user, the general population that just wants to buy coffee without going through JPMorgan Chase, They don't need to run a node. It's just not necessary at all. But it's another one of the many arguments that you go round and round and round with maxis on. And then you find out that
the sad part of it is that when you talk to somebody that's not been involved in this, they don't know that anyone's ever used Bitcoin to buy something. Right. Number go up, man. It's all about number go up. How they can't see it's inextricably tied to Fiat and does nothing. It has no teeth. It was created to replace the shitty system we're all subjected to, but now it has zero teeth. It is zero threat. BTC is zero threat to the current legacy system. They've got it exactly where they want it. And now they're just using it as another speculative asset. They'll rehypothecate it like they do everything else. Simply to bolster the bottom line, further kicking the can and But the whole thing goes
tits up when the rest of the world quits financing our shit show and quits buying our treasuries. When the bond market goes, the game's over. And by the way, this is why at the Bitcoin conference, they're advocating and cheerleading for stable coins. And yeah, you're right. And the people in it, they don't want to hear it. Although there are some Bitcoin maxis even that are kind of like, all right, I just went to this conference and it's like, who in the hell are these people? They're not talking. There's still Bitcoin maxis, but they're even starting. Somebody actually was trying to get me to debate Tone Vays. They were trying to do a two on two, me and somebody else
against Tone Vays and someone else. And I actually- Were you in Vegas? Were you in Vegas last week? No, they want to do this at Porkfest. Oh, Porkfest, okay. And I said, you know, I don't give a shit about these debates because, I mean, I've seen Roger obliterate Tone Vays multiple times. There's nothing more that can, I'm not going to, but at the same time, as much as he won those debates, are any of those maxis, the maxis are less likely to be converted. If they didn't buy, you know, what Roger had to offer at the time, they're so entrenched now that I'm not going to be able to convince a Bitcoin maxi. I'm like, I'd rather show somebody how to use use something else. But but I mean,
we're at the point where it's like they are usually don't even want to debate. It's like Adam Back wouldn't even take five hundred thousand dollars. And the whole thing is Is rough. I don't know. We'll see. I'm going to do this article. I'm going to do a whole bunch of stuff. And I'm going to see if I can try to work out some memes, you know, and some other shorter form content to get people to just start thinking about how absolutely stupid this is. Because you're right. BTC is feeding in now to stable coins. It's now all one Ponzi narrative that feeds off of one. Oh, yeah. What are people going to do with the stable coins? Well, they're going to use it to buy Bitcoin. And by the way,
if your model is Bitfinex printing shit out of thin air and using it to buy Tether, or excuse me, Tether printing Tether out of thin air and using it through Bitfinex to buy Bitcoin and drive up the price, there's a reason to believe that that's happening. But wouldn't it be funny at the end of the day if the whole store of value narrative of Bitcoin was completely fraudulent based on fake tether? It wouldn't surprise me in the least bit. There's always been something rotten there from the get-go, in my opinion. And how they've been able to fly into the radar this long leads me to believe that there are other significant power players
in this scenario that are allowing it to happen. Um, or, or they're just either, uh, willfully ignorant or complicit, uh, one of the two. Um, and yeah, I don't see how it doesn't end in absolute disaster, but yeah, maybe they think they can just, um, carry the football long enough where they get acquired by JP Morgan chase and it becomes a household name. Then, uh, then they're fine. Then they've, then they've, they've arrived. I mean, maybe that's the end goal as, as you've posited. I would argue that that is the intention of, of this legislation and that, and then by the way, it might. So we'll see if I'm right.
But when I read that JP Morgan bank of America city and Wells Fargo are forming a coalition, maybe the coalition buys tether. Wow. I mean, and again, by the way, that wouldn't be surprising. What did they end up doing with TARP? Weren't we in a situation where the banks kicked in, you know, each kicked in a percentage of of the money you had goldman you had everybody else some some of the money so so could could I see these four banks coming in and and buying out tether now are they going to buy them out at a profit are they going to buy them out in a manufactured crisis I I don't know the answer but it is it's actually not
only is it plausible it's actually likely so so I have no idea how to benchmark when this would happen but we all know we know it's a ponzi on top of a ponzi we also know I think at this point it's pretty clear they know it's a ponzi there's no way that howard lutnik does not know this is a complete scam I mean look they're at the point right now where it's like hey you know like the level of desperation is Let's get some stable coin hype to sell treasuries. And then let's hope to God that everybody builds AI and that the productivity gains from AI are so great that we literally grow our way out of this. I mean, these are literally the kinds of like straws that we're grasping at.
And, you know, the sad thing would be if it actually worked because it would still keep this government that's weighing everybody down and holding everything down in play I mean it actually needs to get wiped out at some point yeah that's that's it's going to be brutal um for everyone but I think the you got to pay the piper at some point you know because the longer you keep building this this monster the worse it's going to be for for everyone and that's internationally it's going to affect the entire world um well you know what I yeah I I always joked um The only way a libertarian will ever win as president is when everybody realizes that, you know,
the music stopped and they need to need someone to scapegoat. So that's the only circumstance. So that then capitalism gets blamed because it's always going to be. whoever's watched the thing failed on even though it may they may have actually been the only ones that could have possibly proposed a solution um I could I could see something like that happen but you know look it's um we're in for some wild times but again the best thing that we can do is get people to adopt alternatives more people are starting to be open but again it was a lull so The interest in the CBDC workshops was huge. My web form was being hit all the time. I was getting people sending me emails from all over the world.
And then when Trump came out and said he was against it, it all dried up. It all completely dried up. And so I'm hoping this next round of interviews and article will get people to focus on the ball again. And the reason that I think that they will is because of this infighting and because of Palantir. Because, by the way, again, my email and phone has been blowing up in the last forty eight hours where it's like, hey, I need to have you back on. You need to come back on and everything else. And so it's like so people are kind of like, oh, I was the guy calling about technocracy and people like, I don't know what that is or that doesn't make any sense. And now everybody's like, oh, yeah, OK,
they're actually they're actually doing this and they're doing it at scale. So that's a good sign. So the next the next part of that. But we've got to get marketplaces and we have to get the people's be able to take it, take these cryptocurrencies on their site easily. And those, again, those tools are now there. So now, um, and I had another idea. I was going to do the gold back, uh, token karma, right? Yeah. Which I, I now, um, am thinking I might not do that in that way. What I might do instead is create a P to P, a decentralized P to P marketplace with, uh, gold dealers all over the world. Small gold dealers, doesn't matter what the size is,
but using Zeno's escrow feature and the reputation management system that you can do with people's aliases so that people can take their freedom dollars. And if they want, they can exchange their freedom dollars for gold. It's not the same as backing the token by gold, but at the same time, if people are worried about, if people are truly worried about the peg related to collateral or whatever, then fine. then you can convert your um privacy privacy token to or your privacy stable coin to physical gold and it gets me out of the elements of implementing it that were actually they were centralized and there was some centralization to it
but the way I was looking at it as there are still merchants that will have a barrier to adoption with an algorithmic stable coin they're thinking being, well, if if the reason that I'm not taking crypto is because it's volatile and now you're telling me that it's a stable coin, but the stable coins backed by a volatile crypto, then they may have some concerns with that. But if you give them the option to be able to convert to gold then I think what will end up happening is not a lot of people will end up buying gold but they will be more comfortable and willing to go with the algorithmic stable coin so anyway this is just my thinking over the last couple of days this would be much much more
decentralized I don't have to be in the business of of managing anything with vaults or or it taking any physical inventory or anything like that but it does give people the ability to actually exchange for gold so I haven't talked to the freedom dollar people about it you know I don't know there may this may or may not be viable or or or not but I do think from an adoption perspective I think that the the freedom dollar is the killer app and I think it it will scale faster and because of all of this um demand and use for stable coins I think that it's probably I'd rather spend time introducing people to that
than going down this other path. And by the way, just as an aside, I had eight vaults lined up to do this, but three of them were in Europe. So now I'm looking at this based on the laws that are coming out. I think in order to make that work, people would have to bridge out of Zeno into a transparent blockchain in order to be able to do the redemption for gold. I mean, at this point, if it's not simple, it doesn't work, right? I mean, I had a pretty simple model before, but I've already, I'm seeing the, the, the legislative aspect of it. So I encourage you to take a look at this freedom dollar. I think it's a really, uh, a pretty brilliant implementation actually, because you can also see
not only the reserves, you can, you, Zeno is private by default, but there's an optional ability to have what's called an auditable wallet. And so you can basically take a view key and put it into your wallet. So anybody at any point in time with a Zaino wallet can see in real time the reserves. And then you can also load another thing in and you can look on the blockchain explorer and see how many tokens have been issued. You can't see the individual transactions, but you can in fact confirm this is the total number of tokens. And then you can confirm in real time this is what is backing it confirmed on the blockchain. So that's really awesome. So it truly is decentralized
and censorship resistant. So are you, are you aware that, um, the BCH has a stable coin and another on the way? I've heard it. Was it Moira or something like that? Moria. Moria. Yeah. Yeah. Moria is there, um, is the one that's live now. And there's another one parody parody USD. Uh, that's, that's, um, on the way. And they're over collateralized stable coin, completely decentralized. Everything's tied up in a smart contract. So there's, you know, there's no rug ability or anything like that. It's still tied to BCH, which does have volatility. So it's not without risk, but it's heavily over collateralized. And you can see the peg, of course,
at any time as to how that collateralization is. I played with the beta for the better part of the last year when they were in test with Moria, and it functioned really well as described, and they just went live the first of June, actually. They went live with their version one Moria. Give it a peek. It's a simple interface platform. We do swaps on our decentralized exchange cauldron swap. If you just want to just do a simple swap for, for BCH to Moria, but you can also, there's a loan feature as well. If you want to actually
borrow MUSD is what it's called Moria. But yeah, I mean, there's this, this space is moving so fast. It's really hard to keep, keep up with it all. And as far as I can tell, you're, You are giving the most valiant effort in that regard, man. You, uh, you, you absolutely put in the time. So hats off to you. Well, I appreciate that. I do. I view this as an X. It really is an existential thing for me. I truly believe that if we don't figure this out, then it's the, it's the end of free will. So it's not hard for me to put everything into it. Cause it's, but it's, um, I don't know. I feel energized today.
There's still a lot of work to do, but man, it is good to see these lizards fighting. So true. So true. So true. We're well over the three-hour mark, man. I appreciate you engaging and having me on for a bit. I always enjoy the conversations. I hope At least one or two other people out there listening enjoy it as well. You know what? We're up at forty two hundred and twenty viewers. So awesome. Fantastic. So that's great. All right. Well, thanks for thanks for coming on and send me the cash stamps and I will keep you on the loop as as the workshop development is underway. Yeah, I'd love to be a part of it, man.
Thanks for all you do. And we'll talk soon, man. You too. Thank you. Bye. All right. Bye. Let me see if we have a good closing thing here. I guess we'll give them one or nine.
First investor in the game, now they wanna kill his flame Hired lawyers did it right, still they wanna pick a fight Core devs changed the protocol Government wants total control Attorney-client privilege dead Using compliance plans instead, yeah First investor in the game, now they wanna kill his flame Hired lawyers did it right, still they wanna pick a fight Core devs changed the protocol
Small blocks kept us paralyzed. Now they're coming for the king. Using laws like puppet strings. Spanish prison. McAfee died. Making sure Veer stays inside. They can raid the lawyers. What? They can seize the files. Yeah. But they can't stop crypto. Nah. Running wild. Running wild. Brownstone dropping trillions.
That's not justice. That's a warning. Free Roger Ver.
This transcript was generated from The Aaron Day Show episode "S2E15 Defeating Technocracy".