The next president, who we know now will be trump, is going to face some sort of U. S. Government debt crisis. One truth was an office last time blackrock designed U. S.
Fiscal response to cobo that they began implementing before a pandemic was even declared and IT resulted in one of the wealth transfers in american history and print them more money than at any other time in U. S. history.
I've been really skeptical, al, that that won't repeat itself. And so you're already seeing sort of signaling that was someone like microphases pao and fielded for secretary of ence or some figures that have new conservative bits. I mean, they worked with obama during OA. They worked with trump and they worked with biden, and we've worked with kala. Their track record is basically stealing wealth from the public.
Why didn't we all forget this every four years? This is the most important election. We have to go vote. We all believe in elections again. I think that the new party is going to do IT IT wants to do is this purple party entity.
Investigative journalist witney web and researcher mark good, when just pulled back the curtain on america's fake democracy and how both republicans and democrats served the same masters. Now they're about to reveal why stable coins might be the biggest threat to bitcoin.
They are actively putting dollar instruments into the bitcoin blockchain. They're creating all of these ways to create dollars on lightning.
Stable coins have the potential to be just as programmable and survey able as a cb dc could be in the ad in the national security community, meaning the CIA, among other agencies. And I have been very open that that stable coins will ensure dollar .
gin from black rock to big coin, from elections to surveilLance. In the next ninety minutes, web and good win reveal the full story of what's coming and how you can stay prepared.
You've had a dynamic where money become freer than free.
Let me talk about a fed just gone that all the central banks going nuts. So it's all acting like safe haven.
I believe that in a world where central bankers are tripping over themselves to devalue their currency, bitcoin wins. In the world of fiat currencies, bitcoin is the Victor.
I mean, that's part of the bowl case for big coin.
You're not pay attention. You probably should be, probably should be.
probably should be with the market. Welcome back to the show.
Hey, great to be here, Martin. Always a pleasure.
Yeah, thanks a lot.
We're got a lot to cover.
What should we start with? Whatever you want.
let's talk about this week. It's timely. Yeah, election just happened. People are very bullish in the big coin world. Obviously, I follow you to on twitter. You are signaling that that people may be walking into the vipers then and let just talk about what what do you think the outcome of the election means for future america, particularly big coin as a subject of of potential policy under trump s administration, what are we walked into?
Well, I just wanted start off with saying that I definitely empathy with the view, just like I did in twenty sixteen and other elections, you know that the trump ticket was the lesser of two evils. But I think after the first trump term in the president set by campaign rhetoric c versus policy action in the first term, um know i've been really skeptical, al, that that won't repeat itself right. Um and so you're already seeing, you know since trump was elected sort of these sort of signaling that might someone like micron pao or some figures that have new conservative bins like marco rubio's being considered for a cabinet position? My compels been fielded for secretary of defense people that worked right under pompeo or have been tap to lead the transition team for the state department. Things of that nature um this the apparent signaling and claims from people like how we luntz cohan of the trap transition team, the r fk isn't really gonna have any role um any sort of H H S R H H S sub agency um you know are these the beginning signs of back peddling it's you know I think it's fair to be skeptical and be and particularly what I would warn against is the idea that now that the lesser of two evils has won, now is the time to sit back and just let things happen and not hold anyone's feet to the fire and not ensure accountability because I think that you know a recipe for for disaster Frankly, when people are are complacent and too trust and consistently politicians abuse that and there's a very long, long track record of that happening in american politics with both parties right and so um what I would and what i've been saying a lot since the election is that complacency in the efforts to manufacturer IT um are dangerous, I would say.
And what i'm concerned about is that the people that we're most against a lot of these these efforts to undermine our freedoms, a lot of them being on the right, for example, of people that were no dissidents of the covet era and covet error policies in gun owners, for example, who obviously have been a way to impact, you know, 那个, the fate of the country if things are ebr to get really um iranic al, if they're overly trusting of the federal government, they're more likely to be no complacent um and sort of just sit back and not really do anything because they trust the person that um is in power and um unfortunately, I think there's by partisan agendas that even with like you know when twenty sixteen republicans also sweep the ledge legislature, they took the executive branch but IT didn't result in the populist platform that was necessarily promised. So I think you know, if people don't want to ensure that the country does go on a Better track, there needs to be um you know push back and people need to not just you know sit back in their aren't chairs and trust the planner or what have you um and need to really ensure that like i've said for a long time since I get accused of not offering any solutions. I've said for a really long time and for many years on on your show and other shows that I have long believed that change is going to come from the bottom up, not the top down um and that people needs to really ensure and focus on their local communities, on local resilience and on building out alternatives that can help us resist a lot of these technical craft you know ogen does that seek to micromanage and control you know, essentially every aspect of our lives?
Yes, yeah, totally agree with that. I mean, last time we were on here we were like all truth gonna win. Obviously he's going to fuck dominate. It's going to be a landslide because we were obviously correct. And I mean, I think it's it's very helpful for we all know it's a uni party like why did we all forget this every four years? Now that seems to be this is the most important election.
This is we have to go vote and it's like we all believe in elections again, we all believe you know, democratic process here in america, after what we've kind of experience, basically our whole lives in this world, kind of nine, eleven kids. And here we are kind of like trusting the government again. I feel like there's a lot of people got dit. Sorry about that. Are we back?
Yeah, IT should be working. He said trumps win a .
landslide earlier. yeah. Well, yeah. I mean, I think I echo pretty much just said last time we were on here, IT was like truth obviously gna win. That's obviously what happened.
And I think you may be a lot of the things that have happened, you know the last few years have been kind of setting up for this a huge populist movement um you know that was again created by oligarch, social network billionaire, all these people that kind of control these these like darpa cut outs and these projects and um you know these social networks gearing up to be you know like the next is case half the financial system know whatever we have all these guys working together, working on their podcast strategy that was talked about by dana White during the acceptance speech and IT was a huge part of the of the election cycle um and if you look at IT, you know I don't really believe in elections. I thought we kind of all agreed on that. I think that the is going to do IT IT wants to do is this purple party entity, this idea that there's really this dooling faction between the two of them.
I think that's just really it's like wrestling. I think it's really just this kind of scripted thing that they give to the masses. Politics have become bread and circus, and now we all get gear up and they use IT to divide ourselves, you know to divide um the masses.
And they you know, I think as when he said very prudently, specifically kind of aiming this this q uh trump as the savior stuff at the descant armed group in america, there's they've been able to sort of manufacturer complacency and consent for what they're going to do now. And I think trump now has this huge Mandate. Now it's very obvious everyone feels IT.
He's swept all three important elements of of the american government system and now we're going to see what what he's going to do. So it's not like the whole election cycle. I was going around being like, how dare you've over trump but it's over.
It's done. Here we are. If you believe in elections and you want to vote, that's great.
Uh you like trump fine um but the state hates you. Um they are murderer, terrorists. They throw good people in jail like the state put ross in jail.
Trump was president for four years, didn't free ross. Let's get him out of here fucking a that's a great win but I really think the mindset should be let's hold these people as accountable as possible. But not know was going to say something gross there.
Let's not you does them know they're under carriages. Let's let's hold them to the fire. That's what we need to do. And I think that there is such a an opportunity here when there is a populist uprising, a movement, unfortunately, I feel like I was really captured into this controlled pen, you know, back to the electoral system, back to the state, back to, you know, poppy wb. Speed being are savor.
And that's just, I think, kind of ridiculous as when he said IT comes from us from the people so let's take this movement that there are a lot of truth and in this movement that I think that I do agree with um there are elements of freedom in libertinism and even anarch tossed around in this in this moga soup um but but ultimately, I think the mechanisms are not what I agree with. I I don't want the state to have any more power. The only thing I agree that eric prince ever said is let's keep the government as far away from bitcoin as possible.
I don't like this, the government moving into bitcoin stuff. I don't want the government to have a bitcoin stash like, fuck that. I want them to get smaller and and get know.
This is an opportunity to fuck the financial system up. I don't want them in a part of IT. Let's let them collapse.
They get smaller, forced to get smaller because they have to because they can't compete with the bitcoin standard. That's what we've been like arguing for so long, so long when they ran here. But it's a moment to push back.
It's not a moment. Celebrate a win that hasn't even happened yet in many ways. You know these policies hasn't happened. We don't know the platform. We don't know who's in the cabinet yet. So let's be very, very very, you know smart and just push back when we have the opportunity to um and not let the stay just take over again. I can I think it's that straight forward.
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Q got a queen kite that com use the code. T, F, T C, we have a code out. T, F, T, C, for five percent off at check out. Yeah, I think completely agree with the the idea that we shouldn't be complacent and we should be vigilant. We should be holding these people accountable. Do you point about ross saying that the first thing that i'll be looking for day one does get free, all right, there's an accountability and that, I mean, I vote IT for the first time ever in this election. I vote for for trumping this coalition, because IT does see why I can maybe becoming enrolled with the narrative and the postering of this coalition.
But IT, I think the promise making a smaller government is what entites me the most and so obviously we've talked at length about elan and many people surrounding trump um in the lead up to this election and now that they're surrounding them in his current administration, I think there's more reason than never to be completely vigilant to make sure these people are being held accountable but that is what I will be looking for us are they actually taking action to get the administration of state that has qua the ability for people to live free? Um and when IT comes a big coin too like I would push back. I mean, I don't want the government making rules about big evacuate, the consensus level, but when IT comes, like the united states government acquiring a strategic reserve, this has always been part of the game theory the winters talked about for sixteen years, maybe not U.
S. Government specifically, but for sixteen years now, the game theory has been going to start with individuals. Companies are going to adopt IT, pensions are going to adopt IT, and ultimately, governments are going to be forced to adopt Better money.
And actually do think IT is a means to manufacturer smaller government in the long term, because the way the debt is set up IT IT has to grow to love. Biathlete is forced to grow. If you have no actionable way to actually reduce the dead, the government just going .
to be forced. Issue more debt, get bigger. what?
So maybe that is the round about way that you actually make government smaller and to find a solution to solve the dead problem and the life, and just simply doesn't have that the means to or no, that doesn't like the means to continue growing. And this is the way set up now with the the federal debt IT is forced to expand the reach and that misallocation of capital, that abuse of power. I'm hopeful.
I'm i'm why pilled right now because many of other things like I do think the populist movement certainly, and I think what we saw in terms of the overwhelming messages present with the selection, again, you mentioned taking the the house to send IT in the White house. I think that that is a signal from the american people like we're fucking fed up of this unit party. And the other high signal, my mind is the fact that this happened in spite or despite the overwhelming crop, again, a machine to get put in, in the place of the mainstream corporate media over last four years, but particularly last three .
months yeah I don't I mean totally I think that this is a um we wrote about this like in january we took him. I think of kind of this idea of the pivot has happened or now it's it's its advantages for that group that used to control the mainstream media um in the electoral process. Um you know now they're pivoting to part cast strategies, right? OK tweet out being a hair.
I talked to trump. We talked about podcasts, dinner, White talking like this. That is the new media. And I think that there is an opportunity there.
But also it's like let's not just bitten switch and replace IT with these you know agents that are that serve plenty of similar powers. You know, you look at the wine steam brothers and people like that, like edge edge group people there. There are teal capital managers.
And here they are kind of completely got over wrong with the beginning when IT mattered. Now here they are, you know, acting like they got IT right the first time. And the joe rogan s to the you're kind of seeing, you know, maybe these aren't, you know that much Better than the dawn lemons and brian s, and seeing, you know, it's just a new apparatus. Um and so obviously there's been this big shift we've seen IT with um you know obviously we're seeing with trump again round two but this is now the more useful narrative is to push towards these um know this direction now that they basically did what they did with the covet error policy, which was to you know in in in August, september of twenty and fifty and the repo market explodes.
Trump gets together with his money manager, Larry think, and they come up with the plan and basically how to get all this money go right to wall street, not to main street um and then they crushed demand and locked down the country and push these deregulate these former products and push them out in this way that was they print more money than anyone has ever printed in the history, the united states or the world. And they crushed a min by locking us all in our houses. This resolve, scripted before the virus was dropping out, was was running rapid.
was the cold event? Was the game, the war game? They ran two.
one.
yes. But this specific c plan with, think, the going direct plan, and this was done, this was a plan. This was absolutely this. They had to address this issue of the dead. How do you do IT? Well, let's print all this money locked down the economy so that we crush inflation as much as possible by crushing demand.
And then we use these trillions of dollars that has no ability to go into checking accounts and into main street and use IT to buy of all the assets in the world, will bring bitcoin down to three thousand dollars in twenty access in a year onshore, all of this bitcoin onto the united states, move everything into a deflationary economic system now that we have at all, and then we start pushing a completely different um economic and political system um onto the people, you know using these new media formats. And now everyone thinks it's this, you know, huge, exciting win that now the government is adopting these things. They want to cut all these people in the government and bring IT down and sick.
Of course they do. Now they have everything. They have all the assets, they have all the technology. They have the drones to set up the border and to set up their cid dols. They have enough biton to literally pay off the dead if they want to hyper inflate into the the dollar into bitcoin.
And I think that's really what we kind of explored in this chain series, was this idea of maybe this was all a huge plan and maybe, well, yes, there is, I think, a net good that comes from deflationary monetary system. I think ultimately, that is a good thing. It's less important, you know who is satoshi and more important, who is photo shi, who has all the bitcoin, where is IT.
And when you kind of explore and look at the people that were really there that built these things from regulatory standpoint and a custody standpoint, um these people are heavily connected to the the intelligence state teal specifically and a lot of these people that actually have a huge role in the trump administration. And so I think he was very obvious. And telegraph, you know, we specifically trump specifically stable coins.
I've been writing about this three and half years now that this is what's going to happen. Trump is going to pip IT and go right towards bitcoin. Look at what he actually did um you I don't think it's an accident that I was right about all those things.
That's what they were doing. They were just saying something else. So i've learned to not trust what they say and see what they do.
Um and I think you know when you explore that, I think you can absolutely make a case, which I have repeatedly, that there's actually a lot to benefit the empire of the united states with a monetary expansion into bitcoin. Of course they can't delude IT they can't control. There's a lot of things they can't do that's great um but they can pay off the debt and continue U.
S. Empire with stable coins and private issued tokens on public block chains. It's a boon for surveilLance as a former CIA director would say.
So think there's a lot to sort of unpack about. Maybe we haven't won yet. We're all gonna rich now, it's awesome, but maybe we haven't won yet um and there's still a huge war to be fought.
And so I think that they are manufacturing that complacency, the same thing they did with q going into the pandemic, you know, to just get us all to sit in our chairs and be like patrols are in control. They are arresting the peos, like here we go. Did that really happened? Has that happened?
Um how do people on twitter?
So thanks yeah but like how how do these people fight? You know they fight with low fare. They know the this champion of free market speeder till this libertarian god here, who is really the guy kind of running a lot of these things you know he took down docker using low fare and and suits after the story is after they kind of release some personal stuff about his life um and IT maybe his sexual orientation in some stuff but really is because they publish the yeah the year they went .
after him was the year that docker IT was the first publication to make public the estein black book and at the time Peter deal was meeting with an abstemious tty consistently between twenty fourteen and twenty fifteen.
So hard to know really, really what the reason was, but people were definitely not happy that that black book came out because the person who obtained IT was actually epstein's Butler and he was isn't now killed off in prison in two thousand fifteen in the same year. So um kind of complicated stuff. And as far as Peter teal being a free market libertarian, he's pretty open.
Well, he's on video and in writings he said that he doesn't like free market competition. It's actually for losers. He thinks in that his definition of the capitalist as someone who accuse capital, so someone that believes in free market capitalism but isn't a millionaire, Peter till isn't really, isn't really capitalist, very much like someone like read hoffman, you know, who backed kala heavily, for example, be more the capitalist to Peter teal than someone .
like yourself.
Money yeah ah been into like the absence daily stuff leading up to IT. You look at the bia than that back canalis civilian and read half men on the list as well like IT. Seems like there was anybody who is that daily parties are yeah well.
I think there's also it's not I didn't just happen with a did IT also happened with esten? There's been a deliberate effort, in my opinion, to cultivate the perception that the only a people that are sexually compromised or that are pedophiles in the united states, our celebrities and democrats, only when IT is. If you look at the evidence.
And I wrote thousand page book that goes over the history of sexual blackmail Operations, including those involving children, it's very clearly both parties and probably no government was more guilty of that than the reagan bush era with the Frankland scandal. And a lot of the other things that were, you know, over song as part of that, or like iran contra drug traffic helping facilitate bcci, which the U. S.
Senate report admits was also a sex trafficking minors to elites of the united air emirates, including pre pub and children. right? So this is something that has consistently been both parties and the idea that is only one partisan side.
Um I think this is very complicated and ultimately not true and could potentially be used for for troubling and and as far I have an article that I haven't finish yet because i've had a lot of other stuff going on about know the overlaps between the este and dd networks. And it's really not exclusively partisan and there's a lot of very deliberate over lapse. The biggest one being, I guess, ron burkle, who wants the cover supermarkets between the two who hasn't even been discussed all even though he was a big clinton donor. Why does his name not be brought up? But it's like, you know a lot of focus on you big name celebrities perhaps and you know democrat candidates.
But ron barco was all so Oliver, the este clinton flights, don't you think that people would want to call that out? It's kind of weird that his names been left out of IT and there's other names as well that had been, you know, left out of bit too, I would argue, unfortunately but know again, I think it's part of this effort to sort of sensationalize um you know the very real scandals around fendi and do you know scandals like that and trying and sort of make IT more of a spectacle and have people be like a look at these evil nazi celebrities and not really look at how our government has consistently enabled this type of behavior. Why is the FBI or the you know the government only going after these people when they did when most of their crimes were committed many, many years ago?
I mean, there's a lot of things I could, I guess, add to that, but essentially I don't really like that it's being treated as partisan when the historically record very clearly shows it's a bipartisan disease and that both parties have been very compromised um by IT for a long time. That is essentially something that was done uh through this unholy alliance, if you will, between organized crime and intelligence agencies, which as I know a lot in my book, with a lot of facts to back IT up you can't really tell or organized crime and intelligence agencies and and begin you know there are for all intent purposes um the same and so and I think it's complicated to that. You have people like this figure name, chuck Johnson.
He's very close to Peter till actually had Peter till become an FBI informed at his you openly saying that Jeffery epstein was actually a patriot and gooey maxwell should be released from prison. And and things of that nature, like if they are going to be a rebranded or something um you know why media Operates that have ties you to the state of israel, for example. That absence e was also tied to trying to rebrand their guys, someone that was just trying to keep the dims from doing the wrong things or something like that I don't know, but why is someone saying that personally I find that self kind of concerning and a lot of you know hints from people like Megan Kelly that will be hearing from este really soon.
And there's going to be a big twist. And in the story, no, I just really don't trust the partisan bit of that. Personally, I think it's going to be miss to use and IT doesn't fit with.
The facts, Frankly, is IT true that there are very problematic people involved in these scandals that back kala absolutely, absolutely a read off men, obviously being the most obvious. But it's fair to say that Peter till, and also elon musk, you have their abstentions as well. Um IT just hasn't been um I guess of interest as much um to people in certain media circles, but there's definitely um facts pointing to that.
A lot of them. I have discuss my books. I came out after my book was published on a lot of these discovery documents from the U.
S. B. I case against shape Morgan as IT related to epca e. We're going sort of released at least aspects of the more by the wall street journal, which also illuminated the extent to which he met with reid hoffman. But you know, that was the first time that I was officially confirmed that Peter teel met extensively. What i've seen previously, I was no I had to speculate about that for the purpose of my book because there were plenty of indicators suggesting that was the case. Now we know it's the case and there's a lot that hasn't come out about epson ene, and there's still not a lot of interest in epstein in particular on the financial crime angle of that, which I think is really significant. Um and you know the fact that they make IT sort of this sensationalized solace's story that you know all about just um these terrible sexes and stuff.
It's it's a lot bigger story and there's a lot, a lot of interest and going after that, I think because a lot of the people implicated are some of the biggest people in silicon valley elon mosque a grin and Larry page roll sopha as part of as part of that abd case um ton prince kr of the pritzker family and these are people that you know play both sides of the political divide also, but they all seem to have that know behind them and something I know I may not be convenient you know you have elan must going out saying like red hoffman should be very afraid um you know about the information about abstain coming out. But you know as I said earlier and as i've on another podcast and has noted in my book, elon muscatel ties with jeffrey y. Este and with sippin t as part of this, you know, banking probe into the financing or his connections to gb, Morgan and other things, which is not just the sex trafficking in thing, it's also connected with the financial crime aspect of IT.
Because if you look into a lot of epstein's financial stuff, he was involved in essentially collapsing bear sterns, which is essentially executed intentionally as part of, you know, the O A. crisis. And then you know, he switches banks to J. P. Morgan, and that's the bank that buys up bear sterns all of their assets for pinkies on the dollar.
And you know, when epstein's pops one of bear sterns most one of their most over leveraged funds, you know, which helped, which essentially created the conditions that LED debar sterns collapsing, you know, people are like, well, he lost a lot of money, but as as the Martin reported on wall street on parade, he also got essentially a secret multimillion dollar bailout from the feds. So he didn't really lose any money. You and you don't hear the stuff discuss about epsilon.
You don't hear mentions about dd teaming up with the Brown man family or the laughter family. He absolutely did. And there are connections of that, of course, to the absence ines scandal is is, is mounted in my book.
But again, it's a focus on sensationalism and trying to use IT for partisan means. And ultimately, when we play those games, everyone is up losing because we're not getting to the truth of the matter. And by not getting to the truth of the matter, we're unable to root out this evil from our society.
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Go to drink sot dot com at drink S O T E 点 com。 Use the code T F T C when you make your purchase and you'll get fifteen percent off and tell you, get on a freak, you're to love this stuff. But on this note, anything back to accountability visual to mention Megan Kelly, I saw cash patel. I believe his his name is I would show he was on he was saying they're onna release the obscene and did dy files what? So in terms of accountability, how in your mind would in estein daily list information be disclosed properly, which all the informed like how how would you like to see like what would make you sufficiently happy with with like a disclosure of the estee did stuff?
Well, I would like them to release all the files, and that includes on things that the government will never release information, unlike china gate, for example, where estein, on behalf of the state of israel, helped to facilitate the transfer sensitive military technology to china. You through, well, IT was a very elaborate scheme of written about IT in my book pretty extensively.
IT was really the iran contra network, sort of retooling themselves for the benefit of creating what Samuel peace, or who is very close, well, anthon the blinking stepfather for one thing, but he was also robbert. Max was confident he talked about to congress about that the world was turning into what he called the trans ideological corporation where the corporate sector of the united states was emerging with the state owned uh, companies of the communist st. block.
So china in russia, and that's essentially what china was furthering because a key part of creating that of finding these state owned companies in the communist block and the private sector in the west was built to around technology transfer, which is essentially what china gate was a bell and that um even though conservatives remember are the only one only party, of course, that remembers trying to get they remember IT as a campaign finance scandal, not a military a military scandal fundamental right? So there have to be a lot of things that come out. And again, I don't think they're interested and I don't think they will release information that relates to financial crimes or any of really of the intelligence activities um of obscene.
And um I don't know. I mean we'll see what is up getting released. But keep in mind you know when trump p campaign in twenty sixteen, he campaigned in part I mean on many things, obviously, but one of them was you know about sort of releasing J, F, K.
Files, which is a campaign promise that was released this time. And when IT came around to IT in his first term, he had declined to release a significant amount of document. Some came out, but one many notable ones that people had been waiting for. We're not released at the last minute, and I can't remember exactly what trump said, but IT was something to the effect of if you had seen what I had seen you wanted, released them either or something like that but then repeats the promise this cycle that he's going to now put all these assassination files in all of these government secrets out there. Um uh unfortunately a little bit skeptical of that um just because that of the fact that some people close to trump or that have backed trump figures from the regan bush area, for example like adm's who was an advisor to trump during his first term, or someone like Oliver north who you know was a key figure in iran, concern people forget that he created A A domestic terror watches essentially that included people on the left, on the right, that could be rounded up and essentially put in the camps if the government ever declared red of vague state of emergency you know this is not a freedom guy. Know these people have been supportive and been influential on some of the policy decisions that were made last time.
And unfortunately, the trump administration, just like all the the blish obama and White administration, really, every administration since the new century started have advanced the war on domestic terror, which is essentially know in terms of software it's run by palin teer which has you an outsized influence on the current um you know trump administration as we discussed last time and um you know um that's very complicated for because they wear in domestic terrorists meant to be weapon zed about against dissidents on both sides of the political isle ultimately at the end of the day and so obviously the democrats have their plans to read nize IT against certain demographics but that doesn't mean trump onto be doing IT either because he's already essentially said that you know, antisemitic speech is going to be chAllenged, are what he deems antisemitic speech but now that the definition of antisemitism has been expanded to criticisms of a foreign government know not being allowed to criticize that foreign, how far is that going to go and what impacts is not going to have, for example, and discussing something like the f teen case um and how would that impact that type of viewpoint um impact what types of episode files are released verses other ones you know and I mean I would anticipate just because of trumps rather slabbed ized deference to israel um that any sort of the connections that are clearly there between and seen in the israeli state, I do not really anticipate a lot coming out on that. You maybe some more information on the event clinton relationship, which is absolutely terrible. Epstein, of course, also had his own relationship to trump that should honestly be more controversial than IT probably is.
While it's true they parted ways and mid two thousands or so, which was mainly over a competition over a palm beach real estate property that neither of them ended up getting in uh, was questionable in in numerous ways um yes, they did part ways, but that doesn't mean that they do things of a questionable nature together. Before that, there weren't red flags about their relationship prior to that point in time. And you know obviously trump has a very checkered past and a lot of his supporters forgive that and say it's a new you know, that he's a new man and all of this stuff.
And I don't really care what people believe, but that doesn't necessarily change what happened what may have happened in the one thousand and nineties or the one thousand nine hundred and eighty, or, you know, things of that nature, I don't know, start have been ramming for a while, but I would certainly like to see all of the documents come out. But the government has never done that. Will IT be different this time you given what happened with the J, F, K.
File, really under trump? Again, I am skeptical. I would very much like to be wrong. Any document that comes out, i'm sure, will be helpful. But with, you know, people like elon musk in Peter tie and and people like that relatively close to trump is very unlikely that any documents implicating they're connection with abstinent or that would shed light on that.
Maybe they do a selected release you I met at read hofman he beat kalas that will put out more on him I don't know um again, IT remains to be seen. But you know I certainly would like to see more transparency. But the way that four year requests are currently handled, i'm not i'm not very hopeful. I mean, Frankly, one of the key guys in the clinton administration on china to gate mark midtown, he was killed off in the middle of the the absence scandal sort of unfolding in two thousand thousand. He supposedly hung himself in an extinction cord and .
shot himself in the chess for the shot.
Got sure yeah um i've had a multiple four year request into the clinton presidential library. They have folders on mark middle ten crickets. They don't want this to come out.
you know crickets like not even though we can't give you this.
there's nothing they don't .
really have to you know I think because four years like they're supposed to but like you have to go through all this lafayette, which force them to obey the law a lot of the time. Yeah no.
I think that you know this idea of we're gonna get like you know a good release of this stuff. It's like you're looking at all the people that are around trump right now and how many numerous connections and that gets you just said, obviously, you on we just found out today he's on the call with trump talking with lensky like he's very integrated into this group, absolutely has connections with everything.
Tio, absolutely has connections with that. How would latch the counterfeits? Jail was one to twenty four primary for the fed. And the guy that cost of these tethers, you know, reserves he bought in a state previously owned by estein a via this guo goldman brothers comet trust group. Dollars for ten dollars. It's a million million dollars the state you know in manhattan um you know and then of course you know the guy that just got out of jail um you know Steve ban and you know he was working with estein so he he's like a goldman intelligent guy and he was working with estyn on a documentary. I guess they filmed like ten hours twice.
I think it's believed to be between eighteen and twenty hours. The mont of estein footage let's Steve ban and has and he has yet to release and benny was pretty open that he sort of wanted to uh that he thought estancias part of some connected to some sort of intelligence service and that he wanted to sort of do that himself essentially yeah um so um you know again, it's kind of complicated. Again, it's a truly bipartisan scandal.
So one particular party, if they think they can get an advantage by releasing stuff that implicate the other guys but not themselves, yeah, I think it's possible they will do that. But I don't think that necessarily serves the american public because as i've strive to point out in my own work on the case, there's a very deliberate effort to westernize and the case and keep IT solely focus on a very small range of what absence actually did during his relatively lengthy career that involves to organize crime and intelligence. There has been no interest in going after his most obvious been a factor, lesley weakening despite the fact that wesner was a never trump er and all of this stuff, you know no interest in going after him at all or any of the people who arguably were the most involved no interest in getting the immunity removed for abstinent secretary like lely grave or have someone like Sarah killen again. I don't relief. I think the interest is weaponized IT potentially for partisan stuff or just not releasing anything at also I live there yeah I think .
getting back maybe to to some of the band and stuff you know, we're looking at this, you know, blob, whatever mafia intelligence merger, which obviously he literally rote the book on, and you know, we're sort of blurring the lines of like what is intelligence, what is mafia? What even is governance? How are these things all kind of meeting together? And I think looking at the ban and story is as specifically as a relates to digital currency is really interesting because I think that kind of nails all of this, these acids really well.
Ban non was broke pierce's right hand man. They were working on digitising commodities and creating digital economies in the early two thousands, working in the video game worlds, gold men understood the world, the world. Craft gold was was a digital commodity, uh, you know, before anyone else did. And you know, gold man comes in and puts a ton of money into broke piers company and he's like a kid basically puts all this money into brock company band and ends up for placing him as the CEO of the company.
Um and they're working on literally IT stated peers says this that they were working with economists um to basically simulate and stimulate things in uh a digital world, to try things in an economy that they wouldn't be able to do in the real world with much lesser consequences. So we have literally goldman estein connected, you know people intelligence connected people working with this guy, brock pierce um to create a digital economy uh and try these these new economic policies and new things in video games. They were incredibly successful at IT and they made they made a ton of money.
Um and you know rock, I think this is a very interesting case of, you know maybe how modern intelligence you would work. They find a very compromised person. He was a part of the digital entertainment network with marcos's rector um who is a known pedophile um who you know recruit chat shackly his business partner who brock was kind of the third person when he was a minor and mark was that certainly not a minor at the time and they created the digital entertainment network and they had this check traci h.
Marcos's rector palest sort of estate in uh in southern california and they were running basically you could argue um know a blackmail ring that that was you know based on um you know having Young boys in meeting them directly with people that we're in venture capital and people that were in politics like the husband of ariana hofinger of the huffing post. I think it's very sorry i'm wrong but the husband who was a representative there who was involved later, had to kind of come out and be they go on by and hey, you know it's fine but there were absolutely inappropriate things going on there just in the same way that these dd parties know that everyone's very excited. But it's kind of the same play um how these compromising things happen in an area that's their area where they can film everything and then they can hold all these these people countable brock peers was a part of that um very much so.
Um the digital me network also has all of these connections to disney, to microsoft um to n ron. There's a lot of spooky things there. Brock peers um know ends up working with clear stone out of the idella's group. ID labs is the first invest institutional investor in paypal and they're heavily connected to um near um which is one of the largest human human traffic of movement brokers in the world, location brokers in the world. But then what has broke to he's one of the first between of Angeles.
He creates tether with craig sellers who are generally like I think craig's cool um even not you know I obviously am very skeptical of tether but he's kind of a tech guy I think the way that you know it's described as brand and bloomer from block one which was obviously heavily book by Lewis bacon who also was a huge investor and idea labs and paypal and kind of the sorrow accolate um and Peter T O obviously in block one in bloomer described pierce being this orchestrator. So he's working with band, band in his right hand man and he's this orchestrator who can create three or four businesses that really Operate as one business that that was sort of the quote that he said. So we're seeing like you know that there is absolutely um what we would consider modern intelligence, this apparatus that know intelligence in the forties and fifty, sixty and maybe seventies you know was really academic bed.
You know there was a little bit more office stuff, a little bit more what we think of when we think of you know what what intelligence is um you know pencil pushers and kind of nerds and offices and in academia they were really these breeding grounds for intelligence. They figured out into the eighties um that you know where we needed to go with the private sector. Um that's where if we want to compete with the technologist, if we we're going to have at least the semiconductor in the internet on the world, we need to compete with them.
Know directly um we can really be doing that with all this government red tape. You know a huge part of all these Operations is money management. It's launder ing. It's moving things around so they can finance black Operations um and that's that's what really what happened here. Um and so you're looking at the early paypal group and you have someone like a left chain.
I mean, he literally applied for the nsa and they told him no um and just so you know, you're never gonna make any money if you come work for the nsa, if you have a really good idea, you'll never make money here. You won't be able to publish anything that you make here you will be hold into the government by being an official member of the N S. A. Um why don't you go drive out to california and go fine, Peter? T O and then you build all the crypto o for um for paypal and kind of start this dig.
They were really kind of the first group to digitize money um in their um know they're big blow a they did this thing called beaming at box where they did the first ever transfer between infrared ports of a pm pilot of millions of dollars um they were kind of the first people to do IT and he created all the empty fraud stuff, all these things as he was building IT know he says in the twenty thirteen interview with charlie rose that the relationships he built with the three and four letter agencies while building paypal were the most productive ones that he ever had in this whole career. Obviously, potential comes out a paypal. It's the anti fraud algorithm known as igor IT comes out of out of the paypal movement.
And you're seeing all of these you have to look at the we call at the chain, but you look at all these people that were there at the beginning of this movement um and unfortunately, IT just stinks of intelligence. Now you can argue, which I think is a definitely approved and argument. Well, of course, they're going to try to come in and go up this shit.
Of course, that's what they do. That's what the government does that they're going to come in. If there is this beautiful movement, they're going to come in and and try to go up. And that's absolutely possible.
It's also absolutely possible that this came out of intelligence and kind of this new splinter ing group um of you know in q talks kind of starting in in the nineties and going direct the sea, going directly into venture capital. It's kind of hard to tell where the lines are, where they aren't. And again, I I am sure you would argue IT doesn't fucking matter who made bitcoin.
IT literally doesn't. It's the protocol is the protocol. The math is the math. But where it's going and what IT can enable and empower is extremely important. And when you see these people that are very obviously have the markings of intelligence agents um you know being all over the primordial group of of the digital revolution, obviously we knew the digital money was coming in some form IT was inevitable.
I don't think we thought I would be like bitcoin, but like here we are um you have to sort as you out and look at all these things and look at this this whole group. That's why we did this investigation. You know I pretty much researched myself out of a job was supposed to start as just a simple tether let's look into tether turned into, you know, in eighty thousand word, a investigation of like the early bitcoin space and now the stable coin issues and the regulators and where we're going.
And there's so much disgusting stuff all over, I mean the the gillan brand connections with nexium both of her parents being involved in a Brown and LED sex called um extremely disturbing and now she's writing the legislature the legislation excuse me um that regulates stable coins is heavily uses the territon F T X explosion which you could argue and I do um that these were controlled demolitions done to simulate um you know a dialectic basically if we need to ban algorithmic stable coins. They all say that everywhere David Marcus heal the reserve guys are the legislators you like guilin brand and lamas they they specifically say we need to preserve the dual banking system. We can have bitcoin bact money.
We need to do treasuries. They're really building this this you know you look at this whole machine and they are building this um you know consent towards us all being super stoked about um you know this private stable coins and bitcoin being held by the U. S.
government. This is sort of where we are. So if you look at IT as sort of an intelligence play, these are currency speculators. That's what i've seen one. That's what teal was.
Um what would they do? How would they fix our debt and move into this new system? They would probably we do exactly what they did.
And what one thing I want to bring up about, you know, people like gillibrand in lama is that they frame a lot in especially lamas, you know, frames a lot of her crypto advocacy as a necessary to ensure dollar hegermann, right? And so as you know, as I understand IT in a lot of, retorted I heard in the big coin space for years, is that fight is terrible. It's broken money. We need to move on from fia.
And so hearing things like that from lum is hearing trumpet the bitcoin conference, say actually the bitcoin, the dollar not competing bitcoin is going to strength in the the dollar and all of this stuff, you know, I think he does is a harbinger should be a harbinger for concern for people that don't want a based monetary um future and unfortunately you know I mean it's essentially been admitted um that you know the next president who we know now will be trump h is going to face some sort of U S. Government death crisis and of course that debt crisis is the consequence of wildly irresponsible fiscal policy right um and so what's what I am concerned about is that there will going to be no accountability for that. There is a plan to use things that were meant or at least pitched as destroying fio t in the debt based monetary system will be used instead to usher in a new, a new reversion of IT that, as mark pointed out earlier, IT will likely be deflationary, but only because they've stolen all of the assets and really most things of value.
So at that point, they do want a deflationary system because they have horses, all of the wealth, and they don't want their wealth. He went flag away now that they hold almost all of the cards, right? And so.
What concerns me there then is like, you know the stable coin play as we set up for a long time is stable coins have the potential to just as programmable and survey able as A, C, B, dc uh, could be in the fed and uh the national security community, meaning know the CIA among other agencies have been very open that that stable coins will ensure dollar hegermann. And you have no stable coins like tell them, for example, saying that we're a partner of U. S.
Dollar kymmene and you know trump with the his families stable coin project having recently come out, it's about i'm having globalizing the adoption. Well, no, maybe not that necessarily. But IT shows that the intent is to globalize the dollar and essentially use dollar stable coins, not that aren't necessarily directly issued by the U.
S. Government but will be regulated by IT to become essentially a defected world currency. You know that's essentially the push and it's essentially been happening relatively quietly um for some time. And economies that are dramatically unstable and have been made unstable by entities like the I M F for example, which you know the U. S.
Military of first to the IMF as a financial weapon of military power of the the united states government, right? And so now in the argentina, of course, a lot of people are using to them because they're local currency is no good. And let's happening in other places around the world that have also been subjected to essentially financial warfare by the same predatory, again, debt slavery model based institutions.
And so will this actually improve the situation? Will IT prevents future irresponsible fiscal policy? If this is what ultimately is that happening, it's IT will come down to people resisting that and saying, no, that's not okay. If really IT is true that people in the bitcoin space are opposed to debt slavery death bed monetary um a dead bed monetary paratime which is what I have heard for a long time and I absolutely agree with that um and I am also concerned about the um introduction now of a climate finance as a way to use carbon market schemes or other forms of carbon pricing or some of these efforts to securitize the natural world like one that was recently we recently wrote about about the amazon rainforest, for example being securitized by the guy that adventure etps. I used to be you know head of black ox's global investments or something like that. Um you know that these are gonna use as as different places to shovel debt because a few of a huge debt crisis you're looking for things to you travel the debt into to make your debt problem go away. And so as we've talked about, I think it's starting you know maybe three years ago, marty, you know on your show, i've i've been on talking about this effort to a while right .
five ah effort to securitize .
the natural world and create this a new asset class um you know that they these groups like back this called nature economy because they can essentially quad group or are keen to uh the amount of assets in the current economy and basically keep the existing casino casino model that wall street in these these criminal banks have you know go on forever.
They need that new asset class to keep their models going, you know that make that generate them a lot of money. And the fact that know there's all these efforts from people like lamas and gillibrand, others that want to support the dual banking system that rewards irresponsible government fiscal policy and criminal a act of the private banks. Um you know i'm concerned about that in the fact that in in trust administration in particular, you have someone like coward letter closely tied to tell her but also very connected to esg the sustainable development goals.
Counter fit jail has an entire fund to dedicated to implementing the us sustainable development goals, right, which includes, by the way, digital idea is part of that and programmable survey able money linking a digital to some sort of CBD c or ubi biometric wallet and all of this is in the stg um and um he's you know on the board of of this company that we ve talked about most of this year, actually called a satio logic that is involved in all of several efforts to securitized nature and in turn basically things like the amazon rainforest into trail financial products that don't actually conserve anything. But our frame is that. And then you know this efforts that basically install a predatory global carbon market over latin amErica that at the same time IT is local and national sovereign would defacto and lead tour told a more regional government and regional government block and trying build out like a smart power grid and five g stuff throughout the continent under the guys of conserving IT and ending climate change.
You ultimately, as i've argued in that in, and mark, I ve argued in some of our other pieces, the goal is relate to use that stuff to sevel debt, some place and even, you know, r fk juniors, former V P pick in a koshin ahin know she's LED projects research projects about how to trouble you, how to facilitate quantitative easing by quantitatively easing into you, carbon secular strain projects in tokyo zed carbon credits and carbon coins and all of this stuff so this is something that is definitely um being talked about by figures that are around the current administration. And if there is a debt crisis, even though you know trump pulled people out of the paris accords and all of that stuff, you I mean elon mask quit all the advisory panels he earn counts, councils he was on in the first trump administration because trump ended the U. S. Commitment to the area sagres ments.
right? But this time, he's obviously come back in a big way. And as recently as february was pushing for carbon taxes in some other form of carbon pricing and has been a big advocate for that for really several years.
And he's really not the only one. There's a lot of republicans actually that we're pushing for carbon taxes. When trump p was in office last time, he didn't listen to them. But if it's considered uh or framed as necessary um because of A A debt crisis or something like that, you know the tune may change.
And you know with someone like lettah who so I mean he's not Larry thank but I mean he's certainly not like an antis g guy and not an ani climate finance guy. And I mean, if you look into carbon markets or any of this other stuff, I mean, there the reason they've been fAiling is because they're exposed time and time again as a scams. So now the new thing is to frame them as high integrity carbon markets.
We need high integrity carbon markets, but you're never gonna a freaking high integrity carbon market when its criminal bankers making them up because the criminal bankers do one thing and that's steel, you know. And so I mean, that's what the carbon market they will make will do. It's essentially inevitable.
What was what thinks and he was like, i'm sick of everyone talking about how this is the most important election. We work with both parties like who gives the IT dives?
That is unfortunate. You have to molest economic team and bitten economic team essentially being run by blackrock executives. And then when drop was an office last time where we think out IT, basically, you know, black rock designed us fiscal, the U.
S. Fiscal response to copa t. That they began implementing before a pandemic was even declared.
And IT resulted in one of the biggest you know transfers, well transfers in american history and print IT more money than at any other time in U. S. history.
And know that was black rock and they're not going away. And the fact that think is is likely work with both administrations, I mean, they worked with obama during O. A.
They worked with trump and they worked with biden and would have worked with kala. Yeah, he's not. He's not.
He's retired the term e sg. And he uses things like sustainable investing in climate, finance and other terms now. But he openly says that IT was never about conservation or saving the planet. It's about profits. Um and if you look at the rethinks track record, like what I just instant mentioned with covet fiscal policy um their track record is basically stealing wealth from the public and then using control they take over corporations or pension funds or you know other things like that to try and force behavioral changes among corporations in the american public. And what sort of behavioral changes does Larry think what I think we all know by now?
Well also all you have to do is look at is look at the the lockdowns, I mean, and look at how going direct was written before there was a talk of of a virus. And you have to look at the lockdowns as IT was fiscal policy to crush demand, to be able to print a bunch of money, give IT to wall street and let them buy everything up.
If you actually think about the implications of that, think about the implications of that, they committed the greatest violation of human civil liberties, probable, maybe, arguably, in, in, in, in human history, that we are certainly modern era, right? They locked everybody in their homes, completely murdered the, the, the middle class, printed more money than anything. And after they had spent all of this time with building out the euro dollar market, dollar rising the entire world, and then they inflated IT know way.
And it's going to continue to inflated away. And we're we're going to see the effects of this um for our entire lives. But this was a plan. This was done.
And I know that controversial and maybe get to demonize ze them staring marty, but I think IT really was if you look at you look at the the plans, I mean, they plan this before the virus happened and then they locked everybody down and what else happened? It's very obviously look at nine eleven. And oh well, there is a huge expansion of the intelligence state because of regulation that happened from this event.
The intelligence state expanded in a very disturbing way um extremely so um under trump during the lockdowns and who was able to kind of run in this crisis run fiscal policy, who is able to run the data for for the implementation of Operation or speed the deregulation of a pharmaceutical products, who who made billions and billions of dollars and who got crushed and who got you know, in some cases literally killed um it's an actually travesty and this was done for money and I was done, I would say, arguably a sort of a control demolition to forces all into the new financial system. I know that controversial and it's it's kind of a step to make to be like, well, this was this really all a plan um and I think I think that was um when you look at the treasury market, you look to rip out market. I mean, this is a decades long um expansion of the monetary debt system.
Let's dollar ze everything. In the early eighties, we were the largest creditor in the world, and by eighty seven, we were the largest dator. You know, where did all that money go? A lot of IT went to later america, this whole latin amErica death crisis.
There was the savings and loan scandal that was heavily connected to the CIA in the bush family and James Baker that even some connections to some counterfeits, jerold subsidies. And there we see the huge expansion of debt. We see the plaza accord um which was sort of coordinated central banking.
We saw coordinated central banking again to the one that recommended. They all came in there, and they work with central banks around the world, and they all came together to say, let's all go to zero interest rates and we have to fight pandemic. And then what happened?
The U. S. Raise rates faster than ever in history, completely broke the bond market and the dollar stronger than ever, even though it's inflated like crazy.
And we printed how many trillions of dollars and basically handed at the black rock. These people are financial manipulators. Um they are currency speculators.
They understand the stuff Better than anyone. They know how to launder profits, they know how to uh manufactured consent um from the people ah they started building out social networks. They started building out lock chains, you issuing private bank digital currencies. Um they basically set everything up in this incredibly perfect way and here we are with this huge populist movement running in. Trump has more of a Mandates than ever um and he really was an essential part um of allowing this cow uh in this robbery to happen unfortunately.
Um and the people around him are still a lot of those same people and here they are um and if you really look at what the implications of what we should have learned from covert era for some reason, um we are forgiving everybody that we just handed the keys to the castle to um for the role that they in the expansion of the monetary supply and the expansion of the security state and here we are it's time to hold people accountable. I don't know why triumph gave fought to your metal. I don't know why he gave any power at all.
I don't know why they deregulated pharmaceutical you um red tape to speed things along. I don't know why they let pound into your running you know the data for this distribution. But now we're here um we have to learn from the immediate history and we can't get sidetrack by these quick social media pivots and and this this feeling that we've won uh when actually we were disrobed our our entire like generation wealth was may be not asked if we hold some bitcoin, right, but anybody that didn't hold bitcoin before then and has been holding dollars, I mean, they really were robed.
Our parents were robed, our grandparents, our uncles or whatever. It's an incredibly nasty thing that happened. And IT wasn't an accident. And in any way you reformed. Well.
IT was a wealth transfer that went beyond the wealth transfer that was the two thousand eight economic crisis.
And you know, what concerns me is that one of the top people being floated for a treasury secretary position under the new trumpet administration is this, James paul and guy, who was one of the most successful two thousand eight criminals and made more money than anyone else, but really should have been prosecuted for the way he did that, because the bank he worked with, golden sx, actually ended up sort of getting prosecuted for. No one was really at an OA, but there were civil cases, very few. And this, what was, I was like, called abb CS.
And there was another one that pulls and and golden sacks worked on together. And that was one of the few that was so egregious that actually resulted in a civil lawsuit, even though, yes, no bankers went to jail, no banks were really punni shed. There were some fines handed out, but there was really no accountability. And when you have that scale of wealth transfer and theft happen with no accountability, but you can be sure that the same people responsible for that, we're like we can continue to flex the public and feel more if we do IT the right way. You know and so the fact that know he's he's being considered um you know for that position, I find very concerning. And as I understand that the other pic is spotless and who is a former money manager for George soros, which um no doesn't necessarily um appeal to me either or at least doesn't suggest that IT will be fine um you know different than um maybe proceeding treasury secretary policy at the end of the day but again, we will see hopeful ly IT will be someone not that terrible and there are some people in his camp that are big a sound money people and backing the dollar with something of substance. Maybe something will come of that but what has been most telegraphed is has generally been this this bitcoin dollar stable coin play um that we discussed earlier um but given that those people are in the trump camp, if people want to see something different, they should push to have those people um elevated over people like paulson um who you know used credit default swap sockery to make up a zillion dollars at the expense of lots of other people.
Um yes specifically IT was there was state pension plans. Basically he worked with golden and created these vehicles that had all of these junk, just total junk mortgage and and a bunch shit in them and he took a negative a short position on them. And then he had golden sell them to, like arizona state pensions and a good investment as a good investment. And they shed that as the good thing. Meanwhile, he has this huge short position on IT, and his consider one of the greatest trade ever, because he made you know billions wars in the day when I went under um but it's robbery that is robbery he from regular lower .
and middle class americans to make the greatest trade ever ard. And I don't necessarily see that is appealing when you have over you know arguably definitely before the year two thousand. But since then, so many orchestrated wealth transfers and robbery of people's wealth time and again, and no accountability. And this is the person that you'd like to put in charge of the treasury. And that's been the most floated, the only name that trump said on the campaign trail of possible treasury secretary was the paulson guy and he still at the top of the at the list.
If you look at Polly market today, six percent is leading fifty five percent probability.
Well, Better than pulls. But we see yeah.
the polling market play is so interesting. I think the third candidate on there is j late and right, the former cftc cc guy. He's also an adviser or a fire blocks which is know one point was going to do um the stable coin insurance for facebook's libra. They're heavily connected to the idf and israeli intelligence.
Israeli intelligence veterans made .
the company yeah and they use mpc, which is insecure compared to multiple ke. That's a whole another technical .
ravitch can feel the fuming, right?
The I mean, a couple of things I mean come back like since mas and guilder brand, I don't know the brand um in her team very well, even though he may publicly push her like bitcoins strengthen the dollars all that I think IT is important, take the consideration just like the the retour c around bitcoin being adopted as a reserve asset and thinking of like the destitute.
The government does have a needed a thread if they are going to allow between to proliferate, facilitate roads within the united states of individual bitcoins bakin businesses because if they send the signal to the market like I, we're dumping the dollar we're giving all in a big coin, like they have this mass of dirty six thirty dollar that problem that is systemically important to a somewhat stable financial system globally. And so I think they had to be very strategic about health physicians. So I won't be surprised if the um the head not to the dollars going to be round for a while is simply just A A A light heads against potentially rug ging the treasury markets like in in a moment to know the .
Millers shorting the bond market. I think I thought you .
talking about that short. Paul toter Jones is recommending that people don't own bombs. And so the government is in the federal government in this position words. So we have this thirty six track, an elect rilla in the room, and we need to figure out how safely walk IT into its cage. Well, unsure how ward .
lta ck is trying to figure out how to do that since is one of the biggest traders of U S.
Government debt yeah at one point you .
know like seventy percent of all us. Treasuries were like settled through core and cantor subsidiaries which is which is totally insane.
Yeah and I go actually like the corportion equipment that I mean that's another part the game there has been talked about for a while and something i've been saying written about it's that um you don't change bitcoin, bitcoin changes you and that's the optimistic, eternal optimist maybe someone say this nativity um or global allness, but I do would not be surprised if people within the government i've seen bitcoin for what IT is when I go shit.
This is the thing we need to basic act to make sure that we are well positioned to knock IT left behind and are trying to figure out a way to easily I mean got using drone piles. Words gene ills, words create a soft landing transition um in which bitcoin is allow to flourish. With that being said, like jilt brain, particularly unlike her position on privacy. U K, Y, C, A.
M, L, SHE clinton successor in new york. He was picked by clinton and SHE considers Hillary her mentor. Yeah, all you really need to know.
So that's like, I think again, going back to anchoring to accountability and vigiLance, it's cautiously optimistic. But and that's the other thing. Go back to trumps err term in twenty sixteen.
Sure you guys have heard like um the narrative that he was completely hand after you got in office and didn't know how to Operate with in the bureaucracy of the federal government and sort of had the the new party blob forced on him and I will say this time around the seem like he's learning the lesson like you the msm. C I don't know you guys are watching at the next election. I clicked.
I don't think i've ever watched in S I .
clicked the first time in here. I just I need .
to I just wanted to see .
what these people are saying. And one of the things exactly signal to me I picked up on was that truth campaign is not being communicating with the White house transition team, which is you're supposed to do for months, they up to the election to ensure that there's A A efficient is power, yes. When when the new .
administration .
comes in and then you see, I mean, the few appointments that we have seen wiles yesterday being chief of staff. I looked her up her background preis pretty pretty confidence she's a daughter pet summer all in america, I think funny well.
but he can delete rick scot to be governor florida, who was previously a pharmacology executive of the committed fraud in in florida. I believe his nickname is skeletal. He's now a cyndi. And SHE was also a big time, big farma obvious, including for a her from a represents gabby of vaccines alliance.
Well, what makes in this coalition interesting? Because you do have this sort of a embedded gridlock between the people. Some of the people behind truth like a teams like like i'm sure you saw like the big farm exact are all on a conference call preparing for the .
income and administration yeah but at the same time, marty, it's like colla .
going back to vigiLance and accountants yeah not saying one one hundred person no, I .
think you're man. It's just I think elan, I mean, he was building M R N A technology for the cure vacant factories. He's saying the scientist an equivalent, you know, a huge proponent for vaccines and and cover and santa at the very beginning, obviously.
Then he pivoted, as all these people did when I was, when I was like, no longer politically dangerous and no long really mattered. They all pivoted. Vivek, you also heavily involved in mra stuff. There's so much pharmaceutical money and lobby in that in that little ventures group of people that that people are so fucking stoked about. I know you want to say something on that.
right? Well, I have a lot to say about about farmers and generals. So really since before covet nineteen, a big farmer had a major issue with waterloo as patent clifts and patent Cliff are basically where drugs that they had exclusivity on go gene and they can't make as much money off of them anymore.
And there's also a problem. That problem is combining with an R N D problem for traditional pharmaceuticals, where drugs that can be marketed under the that exclusivity model just aren't really, don't really they can't really find anything knew that's profitable and in works and can pass existing regulations to make IT some market, right? So what most big farmer companies have done, and IT really grew substantially during the cobb era, was that they teamed up with technology firms or smaller biotech firms.
So out of that, for example, you saw glaxo Smith clang team up with google and made golf ani bio electronics on the board with month sa wi, who was later put in charge of Operation. More speed, for example. And there's a lot of these team ops where really you sort of have tech merging with farma a year and sort of this new era of water being referred to as precision medicines and various things like that.
That was allegedly the motive for the biden administration to create the health of darpa, which they called arpa. H IT was considered under trump as well, but under the name harper. But nevertheless, IT exists. And um what concerns me about that is okay.
So in trump s first term he deregulated biotech extensively, mainly in in terms of gmo crops to the point that um anti gmo organizations and small farmers are sued the trumpet administration over the proliferation ation of gmo crops as a consequence of of that policy so there is a precedent for him sort of unchaining gmo development and it's very possible that could happen in terms of medicine. Since Operation warp speed arguably was that elon mosques, mark mentioned, invested in an ordinary technology, china logy. But so is J.
D. Vance so as be back. And so we're a of other people that extensively backed trump. For example, palencia cofounder joan's deal is a VC from a bc is involved with this company called resilience that has a lot of times of the CIA, including the head of inquire on its board um and they started producing all of the mrna for the COVID shot or at least moderna COVID shot at some point.
And you know have built up this huge enterprise with the goal of creating a lot of biotech medicines and all of that. And it's very likely because this is a huge thing that it's not just advancin these guys, that the big silicon valley guys, the biggest ones, are all hugely invested in biotech IT doesn't matter if they backed kala or they backed trump, it's it's essentially across the board. And there's a huge push for this and it's tied up to with you a lot of push from silicon valley in their products itself for like health wearables or wearable ables that can be applied to health care, which have troubling surveilLance capabilities. Know you've had like you know you've all know a herri during covin say once they get IT in your body, they can read your brain and you'll be sent to the good leg for .
not clamping .
for the leader and whatever lap yes.
that's the early .
signal like joe salt and being like brought in.
I think that is very positive. And I get .
away from G. M. O.
Well, let's hope so. But again, remember the trumps first term in generally, republicans in general tend to say we're going to get rid of the red tape for innovation in the industry. But the problem with gmo crops, for example, is that they were threat to health, their an environmental threat, and they threaten small farmers that don't want to produce gmo crops because they can cross pollinate and contaminate.
And gmo crops have been used time and again to force farmers into debt slavery, where they were introducing places in the global south like india LED to a rash of suicide des of indian farmers who were, no, it's a definitely a thing because they were trapped. These debt slavery cycles with monsanto. I having to buy seeds because they can't say you can't save G M O seeds right um and then having to buy the chemicals to grow them and all of this stuff um and it's very problematic.
So you know um IT can be problematic in that sense when you deregulate something that threatens people's health around you. And I think that's arguable too, with some of these uncontested and very controversial biotech injections. For examples we saw with mra um you know concerns about shutting, for example, concerns like that is IT OK to deregulate um those things not that i'm saying that regulation is always the answer. Absolutely not um but you know I think IT .
IT could be complicated to do those things. Deregulation a it's a red hearing. I mean the idea of what of what deregulation is, is its reregulation and really the way that IT works in practice.
And as we've seen historically as its king making, they use deregulation with very specific laugh and grandfather, you know, expire terms exactly. And and so we look at what happened with glass egal against something trump campaigned on, you know, bringing back and then deregulated the banking industry even more. And twenty eighteen and up the limits from the two big to fail banks from fifty billion to two fifty, which had honestly pretty big implications on the regional banking crisis.
Not that know you read that in the teal founded pirate wires, but the way that the glass ego worked IT was deregulation. IT was city bank put one hundred million dollars into you lobbying people like, you know, the head of the senate banking committee at the time. Alphonsa motto is heavily connected to to gillon brand.
And what glass ego actually did was a king made city and travellers in which became city group to become this just unbelievable in a blood entity. And, you know, we saw people jumping in and out of the public sector and private sector moving in. But but really, I did IT was guided as getting rid of red tape and the blonds gonna so good this big boom.
But really it's just consolidated and centralized. And I think we're going to see that, you know, again, when we're looking again to bring you back to stable coins because that's all I know what to talk about. Fucking bill here, these are the same people.
And what is this regulation actually going to do? There's classes in there that literally say, well, if you're already above ten billion and you're here and they already have these clauses, that will be good for USD c. Like well, as said, yeah, he pretty much .
said that yeah as it's written a favor circle over tether so I mean, that's an example. I'll tell these bills king king make not that tell we don't obviously have a pretty negative view of teller, but USD c really isn't much Better and there couldn't be deeper to deep more deeply tied to black rock among other yeah entities.
right? But and then and then the other big part of this thing is that the in this regulatory expression is the idea that anybody using dollar denominations are now under the preview of the regulatory ARM of the united states. And that could get really weird, really interesting, like really quickly, right?
Because why are all these groups, like lightning labs, like likes Spark, which have multiple connections to pay power? Libra when and visited with lightning labs when they were working on labor, David markets then goes and leaves and does lights ark. They are actively putting dollar instruments into the bitcoin blockchain.
That is what they're trying to do. They're creating all of these ways um to create dollars on lightning. And literally, yes, like carrot assets is in the block chain specifically.
It's missed more to say it's on lightning. They are transacted on lightning, but there are dollar instruments now on all of your notes. What does that mean then? Does that mean now everybody using bitcoin somehow is under the regulatory ARM of the united states? Because there's dollar instruments on there.
There's a lot of complicated things that can happen from, uh, the way that this is the the bitcoin space is moving. And like sailor this fucking and spoke, who has meos tic on the board of fucking alarm 点 com the guy the insider trader um of nine eleven um who is is disgusting um what he did is disturbing。 He's on the board of microsoft company anyway Michael saylor total spoke.
He's coming in and saying, you know, hey, don't fight the system, don't be a murder. Uh, what's bring dollars on the big coin and there will be a multitrillion doll industry and the big in will get stronger again. He was kind of the first guy to come out and really start this.
Hey, maybe bitcoin isn't really against the dollar, may be they're working together um and you know there's so many people now that are rising up into the space they've really manufactured consent for bringing dollars on bitcoin in IT doesn't make any sense. It's incredibly dangerous. It's very stupid.
The scaling is not going to be done through dollar and nominated tokens. It's stupid. There are other ways to do this.
We can create dollar like instruments that don't touch treasury's that wouldn't be under the preview of this this gillibrand lamas law like you know kind of like involved some things you guys have been involved with with feet. With fat um there's something here that can be done. I'm not sure that e cash is one hundred percent the answer in any way they perform.
I think we need to scale bitcoin, figure out how to get IT to scale, keep blocks small. We are not closed b cashers fucking figure IT out what covenant solution are. We're gonna.
How are we? We're gna get IT so billions of people can hold ut X O. I don't want everybody using fucking and alcohol IT.
I don't want them using tether. I don't give a fuck about that. I don't want them using liquid.
I'm sure there are amazing people working on all those products, but I don't think that the mechanism is where we want to go. I don't want to scale through dollars. I want to scale through bitcoin. I want to scale through sats, and I think we should be pushing towards that.
Yeah, I think out around gently from living .
lives a few hours yesterday. He's great.
His super nice. No, I think, I mean, that's what I worry about. Like, I hope like to people working at these companies, but like tether lightning labs on lightning ing.
The attempted assets, I think is a january attempt to meet market demand, recognizing that people simply aren't transacting with bitcoin. They are particularly the emerging world. Um they're using stable coins because they don't want to stomach th Epace v olatility. Bitcoin and their product is an attempt to meet the demand of the market.
And I IT doesn't scare me as much as IT scares you because I think big when ultimately wins and goes back to the problem of the debt um which the beekeeper is a superior monetary instrument every regard and she's going to take time for people to realize that. And I mean we can go the dollar milkshake there seems to be playing out. And I know it's a consequence of the ferrous intentions, peer monetary economics and company.
I think it's absolutely from I mean the us. Stour system wants to spread as far as I can cause IT needs people to use their instruments. IT needs about IT needs velocity.
Know there's a reason why the U. S. Again went in the eighties from being the largest creditor, the world, to the largest dedit.
Or that was on purpose the'd. Let the euro dollar market build on purpose. They created instruments to build these things. They created mechanisms to spread the dollar faster. You look at you know there there's pretty crazy.
Agree with that. I think the time like the the the the market dynamics of describing a consequence of this attempt to push the dollar on everybody yeah and and I say this a .
lot like I really empathy with people know i've been spending time and in south amErica are working on some of this stuff and you you talk to people like, oh yeah tell ther's amazing it's great um you know we love IT that that's true I mean, i'm not like denied that that's true. But like how much of that is because a lot of bitcoin scaling opportunities were neutered? Um you know how much of that is big that .
a quite like I would push back. I think that going has scale tremendously. I could is scaling perfectly.
We look at the amount of now you settled on an ongoing basis. It's continue growing up to a trillion dollars at this point. And I get I think it's like using baton is a transaction al currency with stable value.
People just haven't recognized that as a yes. And so they're using stable coins. And I don't think it's I truly believe that stable coins are attempt be market demand of people who don't want a stomach valuation. I don't like IT. I don't think people should do IT.
But I think recognizing the reality of the situation is that there is a demand for the ability to send dollars over these networks relatively cheaply, very quickly outside, relatively outside in this regulatory gray area, at least for the time being up to this point. Um and I don't worried about like to get to uh, truly dollar market themselves. I don't think IT really would prevent bitcoin ultimate success. Well, what i'm worried about, what stable .
coins might be a little different then maybe what you were marked some other people worried about, for example, in the case of tether um they're openly willing to sees um people's wallets at the behest of o fac or the treasury department if they're put on the U S. Government naughty list. I find that very problematic um that if someone, for example, in argentina um or another country um is holding tether and the U S.
Government decides, I don't know, let's pretend they have a government. They don't like they do right now, right? But if someone else and then they're like, we're going to sanction whoever they can take someone's dollar denominated, you know, stable coins or whatever and just sees them without any sort of accountability.
And then that way you know for, as I mentioned earlier, about how the U. S. Military use the I M F as a tool of financial power, they've use sanctions that way too.
And if tether and up, presumably other stable coin issue was, but specifically with this effort to regulate all dollars, stable coins have them all be regulated by the U. S. government. There is the potential for the U. S. Government to very much abuse that and also use IT as a tool for one time financial surveilLance in the same way that you have people like Augustan carsons at the bis saying we want to have complete visibility into every sent, essentially that people spend and IT and that we have the technology and force that we want total control stable coins can lead us to that paratime I and at the same time um I would argue that one of the most of damaging things that has happened in the past several hundred years is the debt based monetary paradigm. Debt crisis have been manufactured by criminals time and again to steal people's wealth all over the world, leading to great suffering for people really everywhere in in ways that, I mean, I think people forget that.
I mean, pretty much in the case of an america, pretty much as soon as latin american countries became independent, they began to be attacked by banks and started having their their first debt crises again, manufacturer most of them by the bank of england or by british banks for the city of london, but that has continued for decades and decades. The cycle repeats and its happened everywhere and now now since the britain woods system and post world war I you've had the I M F, you've had the world bank and these entities using debt slavery essentially to you force countries to do things that otherwise when to do a road sovereign tea um and steal from people and abuse entire populations. That paradigm should not continue, in my opinion.
And by allowing IT to continue and by trying to like yoke bitcoin for example, to that I think really would be a loss of an opportunity to use bitcoin to neuter what is one of the greatest enabled lers of financial criminality of for centuries. And I think it's going to be difficult to truly liberate people from the criminal system ah that runs our government. And you know most of our world, Frankly, if we continue to allow that debt based paradise to continue and have a particular government that I mean, i've noted in my book, for example, has been LED by criminal elements for a very long time. And maybe people think the criminal elements will be less now, but we can't quite be sure, can we do we really want um the one government to have so much power over people's money, including in countries that are not the united states?
Completely agree. And that's I mean, it's I mean, we've met I on rabbit al rk for last six years. Been warning like people again. It's like recognizing that there is this use case that's being filled by these stable coins. But we've been warning for six years, like these are essentially controlled and you get rugged yeah at any moment and that's like I don't think bitcoin never gets yoke. This is definitely some interplay between the two, but I don't think the stable coin markets have any control over between the protocol specifically.
and they definitely don't absolutely not.
I wasn't saying, no, no, not think that you are, but i'm saying like great, there's people need to get rub people going to get rob. Fact.
people like but but bitcoin ders might get rugged when if the the Price of bitcoin gets so high and which is you know a good thing generally. But these people that holds small amounts and indeed consolidated U T X O, and they can spend them or it's so prohibitively expensive. And so how can they get them out? They can use no key swap, atomic swap with you know, groups where they they move into dollars and other instruments.
Perhaps IT forces people, if kind of doesn't necessarily figure out maybe a shared dut XO model or you know lightning is really cool for interOperable settlement between that institutions, but it's not really that great um you know for individuals, for daily payments and stuff. So like where does that wealth go? Where where do you you forced to use? And if we leave bickle in sort of where IT is with this sort of perhaps inability to service, you know, the majority of the world, they're going to have to use dollar instruments because that's the only other thing that we've built out that has a network that's ready to be able to scale to, to that level.
So I think that we probably will see, uh, you know, dollar instruments take more of a share out of a bitcoin. Unfortunately, in terms of transactional p to peer r volume, that was kind of the point here. I don't I think bitcoin is awesome.
I'm less interested in IT if it's just a reserve asset unless so appeared to peer currency. I don't think that stable coins stop bitcoin from being able to be transacted. Obviously not, but Price dynamic might be able to limit that. There's an amazing book that came out. There was a paper back edition in two thousand and eight old who controls the internet by golden ith, and we were came on an oxyde ss.
And I talked about in the updated version about how the internet movement IT was this like liberation movement, right? And in the nineties, that just focused on all you know, john barrie barlow and all of these sort of declarations of being like the internet will dissolve the nation state and no ability to control IT, it's going to be so fuck and based on awesome and it's just totally great and lets go. And then they spent the next decade, the two thousands like begging regulators and governments to like uphold free speech and and markets and IT became like actually know the the internet doesn't resolve borders like that um IT really doesn't um in the way that you know countries and sovereign tions are able to sort of fight and restrict data coming in and out of the country.
Of course, the technology like the china firewall or whatever, but there's but it's actually law fair and its financial sanctions and so like yahoo wants to. Host, not name memorably on an auction site. This is a real story that happened in the late nineties.
And france has a law that says, you know, you can't sell not a memorabilia. You would think all, hey, you know, yahoo, A U. S.
Company, who cares? They can just say fuck you, but they can't because they have know financial, you know, instruments that exists in france that can get pressure put on them. And then they ended up actually pivoting away and not listening. These things even in the us markets, the international and technology, even though it's a hyper connective tissue IT doesn't just like dissolve the nation state immediately. And you look at some of the issues again, I really recommend people check out this book.
IT talks a lot about um you know the us control over the internet and the icon system, which was sort of done apparently the kind of gave up sort of root access to I can under obama twenty sixteen we kind of really done in it's kind of a little bit Lucy goosey and the U S. Actually has still a huge amount of control over the internet. We've seen people get their websites rip out of DNS for things like gb, right? We've seen that happen.
The idea that bitcoin just because I can be deluded or seized, uh, which I agree with mathematically, doesn't mean the instruments that propagate things can't be restricted, doesn't mean that the privacy elements are even going to be possible with bitcoin. In fact, know pretty much nothing you do on the internet is private at all. It's credibly hard to find any sort of privacy on the internet that's not going away anytime soon.
So I think when you see like intelligence agencies and law enforcement, you know being on boarded onto you know these block chains and of these private issue was that's not going to stop happening. These bills, these regulations as the us. Moves towards digital currency is only going to get worse.
And we have to kind of like really take a step back and be like how actually ready are we for this war that's gonna happen because we're solving individuals. It's cool. We actually probably we will make IT like us because we have a good amount of bitcoin.
We have a capability to spend. And no matter where the market goes, the maple will be OK. But a lot of the world probably won't. And and so like how to do we want to just get rich and just kind of fuck off and disappear? Maybe sometimes yeah, but that's not really what I gotten to bitcoin for and that's not what I want to fight for.
So in the same way, I think that we have to be very um you know not rest on our law als, the fight is not over. The centralization doesn't mean unstoppable and there's no other um you know granular points like that is essential zed control. But where does IT push control to two isps, two energy markets to chip manufacturers like there are centralization forces within the distribution of bitcoin.
I think whitten had an amazing tweet a few months ago that everybody fucking and lost her fucking and shit over. That was like, hey, this sucks. I don't want this to happen to bitcoin.
And I think that was actually demonstrated an incredible understanding of bitcoin, that he does go to these granular points, and we just need to fuck and like, what do we want here? Do we want to just get rich? Let the us.
Government get rich. Let Michael sailor become a fair o and Larry, think, build a giant pym ID somewhere. And when bombs corpse and Peter teo lives to be ten thousand years old because he's like drinking blood or whatever, like do we want that? Like I don't give a shit about any of those things.
I think they're financial criminals. I would rather someone that isn't born yet um be able to in one hundred and fifty years uh be able to spend a ut X O that's not just because their grandfather held bitcoin, right? I want that to be able to happen.
And I think graduates was wrong in a lot of ways. Obviously technology was and scaling wise. But I think that there is a truth to let's make disappear, appear thing.
How do we enable that? And I know there's a lot of smart people doing IT, but I don't think the answer is stable coins. I don't think central force.
Yeah no. I think that everybody working on new cash, so everybody working on lightning naster, and I think think we ve got to stay vigilant, keep everybody accountable. I think big in is scaling, given the giving what IT has that its fingertips right now?
People obviously focus on governance. Great to see arc launch. I did the the test run of seconds arc implementation that's very promising. Somebody just came out of one hundred and sixty bit, apparently may be the .
collision evidence without .
that a saw for as well that we're discovering how bitcoin work says time goes on to and again, maybe turn optimist global.
I know I don't think I think optimism is great and we need optimism of those .
wouldn't be doing any other. We I love youtube because you also have to be aware of how you could be attacked.
Have the observer yeah. We can accuse a lot of being dome pillars and offering no solutions in all of that. But really, I mean, you, I feel like at this in my case, and I believe in Marks as well, but I don't want to speak for him.
You know, my views have been ever since I started going on bitcoin podcast about, you know, fuck wall street and fuck the state and I just haven't really change that. But maybe some people have, you know, different opinions now that there's been about face from wall street and also the government as IT relates to bitcoin. And I think there is a reason that prominent stable coins like teller have tried to cultivate ties in a favorable perception among bitcoin. Nars and um I would really hope that people would not be fooled by that and would remember, for example, the outsized role of tether in F, T, X, for example, which seems to have been rather drastically memory hold or the fact that y've openly partnered with the FBI, which you know runs war on domestic tair stuff and does all sort is essentially a cover up agency um for the mob basically he is supposed to actually being a meaningful law enforcement agency and creates their own terror plots that to justify larger ballet budge.
Did you see the one from this week?
H guy, yes. Oh no day for the election .
we call IT domestic wait. Supremest terrorists is going to bomb the .
the grid system.
His name, joe is conspiring to five FBI agency. What the fuck is going on on?
Well, they do that to justify, you know, expanding their budget and expanding their powers. Look, you need us. We stop terrorism and accept we like told them to do IT.
And we gave them the gun and we gave them the bomb, and we told them that was a good idea. And we were his only friends. We weren't really his friends. So we were friends.
I mean.
that so many examples of that. So yeah, tether thought that was cool. A team up with them in the secret service. The secret service is part of the world economic forum pack that's trying to end online in onybody ty and online privacy.
So that's fun, right? And you know, again, I think know this this effort to sort of use stable coins to manage G. S.
Government debt. The problem I have and I do, I can sympathies a little bit with the idea. We don't want the dollar collapse because that causes economic instance. I mean, yes, that's obvious. But the problem is when you reward criminal activity from the private banks and the central bank that has been going on well, really the feds entire history, and really arguably for the private banks as well, they will continue that criminality.
And if we allow them to do that, they will do IT in the next iteration of whatever monetary paradigm poised to introduce with all digital um you know current seas um in and things of that nature. And I don't think that the bankers deserve our trust. Yeah they rob us and we've never been held accountable.
They've never given the money back and they they they keep screwing us and finding new ways to convince us to trust them. And I think it's bad. I think that slavery is terrible and should never ever be used again.
People should do their best to do everything they can to really root IT out, because dead slavery is slavery at the end of the day. And there's been a global effort to hurt us into a slavery system. So let's not give IT to them, please. Yeah know. And we were .
criminals now they just haven't written the laws. We've just seen that. I mean, as much as we want to think and talk about how bad big coin is and all this stuff, it's like that know there is nothing that ross did necessarily that was illegal, maybe some things, but, but, but for the most part, those legislation and those laws came out like kind of through discovery, this weird way.
H actually know that is illegal. Actually IT is illegal for the tornadoes cash people to do what they did. Actually IT is illegal for the same, where I guys with, but to exchange prime numbers to a right code that lets you exchange prime numbers with your, I mean, the summer I want is really insane.
I think there are some things you could argue with the ross stuff maybe that that was true. Obviously I think he's a hero and and then fuck the state. Obviously I think the same, I think is really interesting.
It's like in the tornados ic, they wrote laws and IT wasn't illegal what they were doing when they did IT uh and it's certainly not illegal just because you write a speech, you know you write code and then someone uses that code to do something bad with IT. It's not illegal to make a gun and then someone uses that gun and shoot someone. Uh, obviously that's bad.
Um did we disconnect there? We we still here are here. No great. sorry. Obviously you know it's not illegal to make gun and then have someone take that on, do something illegal with the maker of the gun is not responsible somehow. That's not the case with digital asset mixing.
And I think that that without privacy, you know, I think a lot of this you know antistius stuff know kind of goes away. unfortunate. We need privacy. We need to figure that out when they're going to just move the laws to arrest good people that are working on these on these projects.
And as they sort of begin to you again, what I really think of what is happening with the stable coin play is extending the regulatory reach of the U. S. Government by saying anyone that touches a dollar is under our jurisdiction. Well, they just spent the last thirty years spreading the dollar um all across the world um it's the the globe as dollar zed. Um and so now they have jurisdictional um you know rights over everybody and they can know make up the rules and say, well, hey, if you did this without k yc, what not now you're a criminal. I think it's it's a scary precedent to drop down into um and so I think as much as we need to know press to get our heroes out that I did get arrested, we also need to sort of like established that this is a speech yeah and this is something that needs to be defended from the amendment level and that can be applied to people outside of the united states. IT is ridiculous that Roger.
where was arrest? What props are due to some people on mostly, particularly ross Stevens and night day who really stuck his neck out there and wrote away paper about White bitcoin, a speech as such and it's .
funny and he quoted all the inscription shit that you know, apparently is like ccp or whatever. I've just heard some actually ridiculous comments, some of the ordinal stuff. And I don't give a shit about ordinal, but I like the inscription stuff and and I think that IT is speech. And if maybe bitcoin is going to be used h to empower the state, well, hey, maybe we can convert some of that stuff and we can publish ridiculous things on in and and make some cool things happen with people like us that have bitcoin that they can kind of use IT in a distant way.
I think that the big question, the big hope is that is wall street gun to use their whale bend biton, or bitcoin going to use its whale to bend wall street to act in a more free, freedom oriented fashion? I have to get on a call. We need to do another epo de soon because in your latest Price you mention late Sparks U M A, which I think is actually a big problem, is be highlighted and talked about and avoided ded, I .
agree. And man, you are the men. I agree. A O on.
we need a ch, A, P, A help on this goal. Thank you guys for doing what you're doing. Let's start again or so because I do want to jump in to that topic specifically because .
I think that something .
that people should be here and song.
thank you. Joe salton, i'm going to say joe salt and I saw that was OK maybe maybe we're going to get .
something there yeah.
let's do a bit piece in the freak.