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I'd given up on the political process
as well, so I helped get people

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elected. I've run for a number
of different offices. I'm like, look,

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this is done. I'm going to
move into crypto. I'm going to

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move into this technology and start thinking
about parallel economies and everything else. And

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then COVID happened and a variety of
other things, and then I saw,

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well, this isn't just about having
decentralized alternatives. They're taking perverted forms of

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this technology and using it to complete, to create complete tyranny. So there's

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no coexisting. There's no going and
hiding in a cabin in the woods.

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When your opponent wants a one world
global technocracy where they have control over every

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aspect of humanity and control the land, the air, and the sea.

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That doesn't coexist with you know,
hiding out somewhere. So I realized we

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actually have to confront this head on. So you know, I've been using

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and my book goes into specific details
on you know, which cryptos to consider,

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wallets and with gold and silver and
all right, welcome back. We

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have of Aaron Day and he has
been a Republican candidate for a president.

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I was going to say, you
know, if he wants to extend this

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campaign, he could have me as
his running mate. We could be Dan

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Knight. But we are not on
opposite ends when it comes to CBDC.

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We're both of the same mind.
And as I said earlier in the program,

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I saw his article on Brownstone and
it was actually an exerpt from his

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book. So we want to talk
to him about that. But as he

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was running for a president, he
made CBDC the central point of that.

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And so thank you for joining us. Aaron Day, appreciate it, thank

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you for having me. And we
were talking off air, and I wanted

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my first question was going to be
you said you have suspended your campaign now,

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but my first question was going to
be what was your take on how

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some of the candidates have talked about
this issue. Of course, we'd had

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DeSantis talk about it, we had
Ramaswami talk about it, and we've had

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Trump recently talk about it. Tell
people your take on this, and tell

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people your story about what happened after
you suspended your campaign. Well, I

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ran for president specifically to bring this
issue up. In fact, my goal

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in running as a Republican was to
try to get into the debates. So

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that I could elevate this issue on
the national stage. Little did I know

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that the debates were going to turn
out to be, you know, meless.

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People wouldn't watch them, and they
were going to be structured in such

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a way where you couldn't even talk
about issues like CBDC or anything that happened

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with COVID. But in the process
I did chat with many of the other

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candidates, and in fact, I've
given copies of my book to several of

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the candidates. The most interesting one
was with Vibek. He actually read my

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book and we discussed it. I
gave him a copy of my book in

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June, and I actually have interacted
with him on a number of different occasions.

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And so when he dropped out and
endorsed Trump, one of the first

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things that happened was he had consulted
with Trump on the CBDC position. And

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so Trump came out in New Hampshire
and Portsmouth actually, which I'm in New

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Hampshire, that's where I live.
He came out and adopted an anti CBDC

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stands. So I was grateful for
that, and I hope that in a

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way my book and my conversations with
by Vek actually helped push that issue and

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put a sense of urgency around it, and the other candidates. As you

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mentioned, DeSantis has been anti CBDC. RFK Junior has been anti CBDC.

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Haley has not spoken about it,
although based on her idea of you should

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have a you know, need a
digital ID in order to access the Internet,

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I'm guessing she's going to be on
the wrong side. I think she

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would say, if you're going to
buy something, I want to know your

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name, because he wants to know
your name if you're going to get on

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the internet. So, yeah,
I thank you. Exactly, Yeah,

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exactly. But part of the conclusion
of my book is that they're really I

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believe there's a greater than fifty percent
chance that we're going to have it CBDC

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implemented before the twenty twenty four election. And so a big part of what

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I'm doing in this book and in
doing workshops across the country is trying to

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educate people on what they can do
outside of voting, which is to exit

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the dollar and move into self custody
crypto gold and silver and start using it

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in a parallel economy. And part
of what happened happened is traveling around the

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country. You know, I spoke
with Senator Ted Cruz, who is the

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leading opponent of CBDC in the US
Senate. He put a bill out there

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to try to stop cbdc's and halt
CBDCs, and it failed, and he

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said, flat out, there aren't
the votes in the United States Senate to

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stop cbdc's. It's not amazing the
Senate is currently. Isn't that amazing that

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they won't vote for it? You
know, I saw that Tom Emmer,

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who's the House whip, you know, he came out in opposition to CBDC

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right about the same time as desantists
did, and I thought, well,

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that's good, and that's interesting.
Where's he coming from? And then I

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realized that he's got a lot of
ties to cryptocurrency. And of course there

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is this, you know, the
the pushers of CBDC, like Warren and

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Biden, all the rest of them, they want to shut down the competition

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from cryptocurrency, obviously, and so
I kind of got the sense that Tom

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Emmer was talking about CBDC in order
to defend the people that he's allied with

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in the crypto industry. Before whatever's
motivations were. I thought it was good

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that it was happening, But isn't
it Isn't it depressingly strange that nobody in

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the Senate will support something that has
the ability to turn us into the worst

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dystopian novel that anybody has ever imagined, worse than anything people have imagined in

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the past. Well, it's strange, and it's really discouraging because one of

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the things that Ted said was that
he thinks that there's a reasonable shot that

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Elizabeth Warren becomes the chair of the
Finance Committee in twenty twenty four, depending

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upon the outcome of the election.
And in fact, Cruz himself is only

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ahead by two points in Texas,
and so there's been a lot of discussion

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about the amount of money Soros is
putting into Texas and everything else. So

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so Cruise is actually, I believe
it or not, on the hot seat

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there again after after his challenge from
Beido last time around. So yeah,

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he said absolutely. So they're really
there, really aren't the votes. I

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mean there are some. Cynthia Loomis
has been one in the Senate who's also

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been pro crypto. But I'll tell
you what I think is going to happen

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is we're going to have a situation
that is going to gain bipartisan support for

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pushing a CBDC, and that's going
to be around terrorism and money laundering.

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And you're already starting to see the
discussion around that, and that is an

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issue. So let's say, now
that you know Biden has decided we're going

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to begin our military excursions in the
Middle East, if there's a terrorist attack

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in the United States, I could
see us having CBDC implemented in a matter

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of a couple of weeks here in
the US if there's a terrorist attack,

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because they'll say, well, it's
about money laundering and terrorism. Crypto's bad,

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they'll say, because it's used for
terrorism, which isn't true or not

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even close to the scale that cash
is used. But then but then they'll

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say, well, we can't have
cash either, because cash can't be traced.

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And so this is going to be
the typical reason of using a fear

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based event to push something that absolutely
strips us of our rights questions. How

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is Obama going to get billions of
dollars to to the Iranians if we can't

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send them a plane filled with the
cash foreign currencies especially, maybe it'd be

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the other foreign currencies of other people
that it'll use to pay them off.

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But the problem with these CBDCs is
the ccs. CBDCs are not like Bitcoin,

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where there's a transparent ledger of all
of the transactions and a fixed supply.

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The kinds of CBDC they're looking at
implementing, they're going to have control

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over how much they they'll be able
to digitally print it, and they'll be

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able to excuse me, program the
money in ways that we're not going to

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be able to see. So in
some ways they're going to have even more

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capacity to do nefarious things. I
agree, based on how structure. Yeah,

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we didn't start with that in terms
of the features, and listeners of

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this program pretty much know about CBDC, but it kind of lay out the

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case against this in a nutshell when
you would present this to people who didn't

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know anything about it, because,
as I pointed out in the past,

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a lot of times, people didn't
know what CBDC was. But if you

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described the functions to them, and
it's the potential risks of this, the

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downside of it, they didn't want
to have anything to do with it,

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but they didn't know it was CBDC. So what would be the nutshell case

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that you would give to somebody who's
kind of coming into it cold. Yeah,

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I mean basically, Central bag digital
currencies or CBDCs are basically a form

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of digital money that can be programmed, monitored, and censored by the government.

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So basically, you know, the
way you'll hear the globalist present it

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is it's all about financial inclusion inconvenience, but in reality, they will be

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able to see every transaction you'll you
spend. They'll be able to even control

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how you spend money in the first
place. So if you've ever had a

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health savings account, a health savings
account is basically a debit card that you'll

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get from Visa MasterCard and you can
only spend it on certain health related items.

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Well, imagine that concept except applied
to everything you buy. So in

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other words, if you're trying to
buy something with this digital cash and a

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thing you're trying to buy isn't already
on an approved government list, you can't

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buy it. It's also the gateway
to other things like social credit systems and

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everything else. So in the future, if your social credit score drops,

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if you say something on social media, people don't like if you use too

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much CO two. Based on whatever
their guidelines are, they can actually restrict

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your usage of cash. If in
the future the government decides they need to

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stimulate the economy, they can actually
say, and I've seen this in the

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EU and some of the language around
how they're looking at their CBDC they can

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literally just say, use it or
lose it. If you money in your

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account in the form of CBDCs,
if you don't use it by such and

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such a day, we're literally going
to remove it from your account. Because

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this is the way that we want
to stimulate the economy. It is complete

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control over human behavior using digital cash
that's controlled by the government, and to

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me, it is the single biggest
threat to human liberty, which is why

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I ran for president and it's why
I wrote the book. Yes, yeah,

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And of course you know, when
we look at it, it's by

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knowing everything that you're doing, they
can, you know, ration things to

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you like a food, meat and
things like that that they don't want you

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to have too much of. It's
also it hearkens back the beginning the excerpt

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that you had in that article that
was up on Brownstone. The excerpt from

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your book was. It kind of
begins with, you know, life and

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these people are living in this smart
city, fifteen minute city, something like

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that, and unfortunately the husband says
something that the political authorities take exception to,

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and it reminded me very much of
what we always would hear about stalinism.

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You know, they control your job
and therefore your money, but they

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also owned your house, so you
didn't know you couldn't work except with their

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approval, and they were the ones
who were providing you with a home.

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So if the political authorities didn't like
that, you were homeless and you were

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penniless and you were out on the
street. But this is far worse than

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that because they have so much more
visibility as to what you're doing. And

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when we talk about the fifteen minute
city issue, that's another aspect of the

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CBDC. They can you determine where
you can spend that money, so maybe

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you couldn't spend that money out of
outside of your little fifteen minute area or

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maybe the larger smart city that they
have put you in. You can't go

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to another place and have anything to
live off of when you go there.

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So it's about a kind of control
that people have only theorized about in dystopian

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science fiction models. But it is
that and more. It is really a

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horrific thing. Well, and actually, if you look at the UN seventeen

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Sustainable Development Goals you can actually get
a sense. What I did is just

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an exercise, as I said,
Okay, well, let's look at all

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these seventeen Sustainable Development goals. If
you were going to turn that into a

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social credit score, what would you
measure and what types of incentives and penalties

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would you put in place, and
how would you tie that into a tracking

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system and into CBDC. And when
you go through that exercise, what comes

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out of the end is something that
looks a lot like what already exists in

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China today. I think one of
the big issues with this, and my

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big urgency on this again the reason
I've been a serial entrepreneur and a political

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activist for a long time. I
dropped everything to focus on this because really

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two things. One I saw the
person who introduced me to bitcoin in twenty

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twelve is now spending eight years in
federal prison for the act of selling bitcoin.

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Another friend of mine who started a
company called Library or Odyssey. You

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may know it. It's a platform
or content. He was targeted by the

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SEC and basically put out a business
because he was using the blockchain technology and

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was using tokens. And so I
started to see that not only was the

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government is cracking down big time on
decentralized cryptocurrency. And I wanted to look

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at well, why are they doing
this because my friends who are suffering through

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this weren't weren't doing legal activities.
They were actually very much hardcore liberty activists

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that were just engaging in voluntary activity. And then when I studied how far

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CBDCs had gotten, then I saw, well, wow, the alarm bells

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went off because as of today,
there are one point three billion registered CBDC

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accounts globally. People are not aware
of this. China, Yeah, go

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ahead, China has deployed cbdc's uh, they're gradually. They started out with

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two hundred and sixty five million accounts. They're rolling it out to the rest

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of the country. There are eleven
other countries that have already implemented CBDCs.

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There are one hundred and thirty countries
that are at various stages of either exploration

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or piloting CBDCs. And to put
this into perspective. Bitcoin's been around for

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fifteen years, and there are multiple
different types of crypto. There are five

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hundred and eighty million people globally using
decentralized crypto. There are one point three

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billion CBDC accounts, so the growth
rate on this is phenomenal. And of

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course it's forced, so it's a
little bit different than, you know,

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whatever voluntary adoption might be. But
it's eclipsed crypto. And the more alarming

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part, and I actually wrote an
article that's on zero Hedge about this,

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is the United States has completed three
successful CBDC pilots and this does not hit

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the mainstream news. And if you
ever hear fed Chair Palell talk about CBDC,

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he does one of these, well, you know, we don't even

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know if we're going to consider it
seriously, you know, we're it's it's

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still the discussion stage. The reality
is they've done three successful pilots. The

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first pilot is called Project Hamilton,
and it was done as a joint venture

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between the MIT Media Lab and the
Federal Reserve of Boston. And this is

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basically what would replace cash. This
is basically what that's the substitute. And

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in their pilot that they did from
twenty twenty to twenty twenty two. They

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got the technology to work and it
can handle one point seven million transactions per

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second. So to put that in
perspective, the current financial system does between

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fifteen and one hundred thousand transactions per
second. So they've developed a CBDC that

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is more than ten times the capacity
of the existing financial system. And in

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the conclusion, what they said is, well, the technology works, but

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we need to figure out the legality
and how to market it, which to

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me says they're waiting for a crisis
to put it to work, but people

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aren't aware of that. Now this
gets even worse because this MIT Multimedia Lab.

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The chair of the MIT Multi Media
Lab is it was a guy named

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by the name of joy Eto,
who famously received funding from Jeffrey Epstein and

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visited Epstein's island a couple of times. And the article that I wrote about

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this goes into some I've uncovered some
things that were really astonishing, and not

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to go into too much. I
don't know how much technical detail your audience

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is used to on crypto or getting
into any specifics. Yeah, go into

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the specifics and go into the details. They can handle it. So I'll

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say this, so you know,
I've got involved in bitcoin in twenty twelve

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and I've been using it. In
fact, in New Hampshire there are stores

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and restaurants where you can actually use
or could use. Up until about twenty

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seventeen, you could actually use bitcoin
to buy and sell things in the state.

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In Hampshire. Something happened in twenty
seventeen where there was a big split

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in the bitcoin world, and the
white paper for Bitcoin says in the first

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sense that it's supposed to be used
for peer to peer digital cash. It's

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supposed to be used for people as
a means of exchange, means of Basically,

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it's a currency, and all of
a sudden in twenty seventeen, the

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narrative shifted from bitcoin being about digital
cash to it being about digital gold.

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Now it's something that you hold to
preserve your value. It's something like gold.

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You don't use gold typically today for
day to day transactions, but you

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use it to preserve your wealth.
As the dollar keeps on losing its value,

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as we keep on printing more money. Well, it turns out that

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the developer, one of the main
developers who is involved in making this technical

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change switching bitcoin from cash to gold. Was also one of the authors of

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the white paper for Project Hamilton the
CBDC, and the funding came from this

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joy Eto guy from MIT Multimedia ab
And I found that I found an article,

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the only article about this, where
Epstein was interviewed, where he talked

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in twenty seventeen while all this was
happening, about how he liked bitcoin but

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didn't think it was a currency but
instead thought it was a store of value

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or digital gold. So we have
a situation here where this MIT Multimedia Lab

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with funding ties to Epstein and Gates, because Gates was actually funneling money into

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the MIT Multi Media Lab through Epstein. So it's like it's real incestuous was

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involved in both developing the CBDC pilot
and I would argue hobbling bitcoin at the

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same time, and there's one common
developer that was involved in both of those

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tasks. Wow, So there's that. There was another CBDC pilot called Project

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Seater, which is a wholesale CBDC
pilot, So it's basically banks communicating with

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one another for larger volume transactions and
doing cross border transactions which are very expensive

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and cumbersome. Now how does that
fit in with fed now, which is

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what fed now is sold as a
hostel thing? Is that was that a

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priminary to fed now and Project now
that actually that was launched after fed now.

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So fed now is technically not a
CBDC. Fed now is an infrastructure.

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It's it's a it's basically a makes
real time settlement possible between banks in

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the United States, so the focus
of it is domestic. This project CEDAR

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is about programmable money that is cross
border. And then there's an even more

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dystopian pilot called Regulated Liability Network.
And you know, I find with these

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things, if they give it a
really boring name, then there's probably some

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real nefarious agenda behind it. Because
it took me several times to read the

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white paper on this thing to fully
understand what it is. And the idea

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behind Regulated Liability Network is it's a
one database basically to track all CBDCs and

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non CBDC transactions. It's basically like
an Uber database that tracks everything, whether

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it's cbdc's from one country to another, or it even contemplates, you know,

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Bitcoin, And what is really frightening
is the idea of tokenizing everything.

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So this is a big movement right
now, and you'll see Blackstone talking about

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it real world assets and everything else. But basically, we're moving to a

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model where people are tokenizing everything,
tokenizing stocks. This computer that I have

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in the future could be tokenized.
Every asset you have could have a digital

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token associated with it. And through
this regulated liability network, you're going to

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be able to have multiple regulatory agencies
monitoring, sensoring, and tracking transactions across

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different blockchains and CBDCs as well as
these digital tokens. So in the future,

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not only COULDY shut off your money, but if I go to the

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store and I buy a new Apple
computer and it is associated with a digital

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token, if the government decides my
social credit score drops or they don't like

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what I say on social media,
they can not only shut off my money,

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they can shut off access to my
computer and my ability to even sell

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the computer. So it's like it's
the next level dystopian infrastructure that they're putting

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in place. Those three pilots,
all three of them have one commonality,

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which is funding from the MIT Multimedia
ab Wow Wow one network to rule them

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all essentially, and you know there's
also funding from DARPA going to Microsoft or

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something I talk about frequently, the
Coalition for Content, Providence and Authentication that

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is there to quote unquote push against
disinformation misinformation. It's there to shut down

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free speech. But what that does
is that marks anything that you do.

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And it's a coalition of hardware and
software manufacturers as well as a coalition of

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gatekeeper media companies that are allied with
the government. And so when we look

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at this every aspect of our life, free speech, and any kind of

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commercial transactions, they want to centrally
control and be able to shut down anything

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and everything that we do, our
speech, our movement, our financial transactions,

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everything. But the CBDC is right
at the center of all of this.

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And and of course the Biden administration
began what was it March ninth or

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something, twenty twenty two, where
he tells everybody in the federal government to

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got four areas that everybody had.
All of the bureaucrats under the executive branch,

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the deep state, they all had
one of four areas that they needed

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to report back on back to him
in six months. It was how we

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going to completely redesign the financial system, How we're going to do the software

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to make this thing work? Law
enforcement had one of the different branches,

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how we're going to enforce this,
enforce people to do it, and finally

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they were going to market it with
environmental issues, because that's one of the

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tactics that they use against cryptocurrency,
to say that, you know, the

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crypto mining is too inefficient. But
of course these are people keeping dossiers on

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everything and everybody in the world and
keeping them at their data centers as well

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as constant surveillance and data mining.
So that's kind of a sham. But

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they're very serious about that, and
as soon as they did that, they

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started rolling out fed Now but you
believe that this is something that may happen

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even before the election. I think
it happened before it could happen before the

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election. This is why I'm so
passionate about this and trying to get the

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message out. But yeah, Biden
passed Executive Order fourteen and zero sixty seven,

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as you just described, which which
contemplates both pursuing a CBDC and also

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regulating all of the other digital assets, and they've been following through on that.

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There are numerous exchanges that have infect
Most of the exchanges have gone under

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There are numerous tokens and projects that
have been targeted by the SEC like my

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friend who started library and my other
friend who's in jail for selling bitcoins.

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So they've actually been cracking down on
bitcoin ATMs, your ability to buy and

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sell. The IRS just passed a
new thing which which says that you know,

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you have to fill out paperwork for
any crypto transactions in excess of ten

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thousand dollars, And of course they
did that and then didn't provide the form,

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so in other words, there was
basically so there's no way to comply,

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and so basically you couldn't do.
It's essentially a way of saying you

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can't do any transactions north of ten
thousand dollars without risking criminal penalties and going

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to jail. So they have been
very successful at hobbling decentralized crypto and adoption.

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And again, these pilots are sitting
there and the technology is sitting there

331
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waiting to be deployed and fed.
Now is a the infrastructure on top of

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which they can put a CBDC or
I guess technically if they wanted to be

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00:25:07.240 --> 00:25:12.480
back handed about it, they could
actually Congress is required in order to put

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through a new currency, but there's
nothing that says that the banks can't regulate

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how the existing currency is sent back
and forth. So you could get effectively

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a de facto all of the negative
aspects of a CBDC by regulating the way

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money is transmitted through the fed now
system. So I've thought about that as

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a possibility as well. So from
my perspective, when I look at again

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Biden and what he's decided we're going
to take military action in the Middle East,

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you can imagine in a situation where
if there's a terrorist attack on American

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soil, you will get bipartisan support
for a CBDC on the basis of stopping

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money laundering and terrorism. And as
an example for this, the Patriot Act

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was passed forty five days after nine
to eleven. PARP was passed eighteen days

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after Lehman Brothers collapsed, and the
two point two trillion dollar Cares Act was

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passed fifteen days after COVID was officially
declared a pandemic on a voice vote.

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Many people are still in Congress have
voted for all three of those things.

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So the idea that they wouldn't usher
in CBDCs in an emergency, I think

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I think there's a high probability that
they could bring it in an emergency.

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And from my conversations with Ted Cruz, Cynthia Leomis, and then some of

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the folks in the Warren Davison and
others in the House, the votes are

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simply not there before the twenty twenty
four election to stop something like this,

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And again, if it's done in
an emergency, it'll probably get bipartisan support.

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Wow, that is amazing. And
of course an emergency could also include

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some kind of a financial emergency.
That's what many people have been talking about,

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and I'm sure you kind of wore
gamed that out as well. Do

356
00:26:56.599 --> 00:27:00.440
you see this possibly happening with some
kind of a financial emergency, because they

357
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certainly have created their conditions ripe for
a financial emergency, just like they've created

358
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conditions ripe for World War three or
a terrorist attack. Well, yeah,

359
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my opinion is that what we're seeing
as an actual, intentional, controlled demolition

360
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of the existing financial system, because
it's the typical problem reaction solution model.

361
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They create the problem, they try
to generate a reaction, which is usually

362
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fear, and then they already have
the solution waiting in the winnings so they

363
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already know they want to implement CBDC, They've already developed the technology, and

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clearly the world is going in that
direction, and so a financial crisis if

365
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you look at it. So the
dollar has gone from being backed by gold

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to banks being required to hold at
least ten percent of customer deposits and reserves.

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We have a fractional reserve banking system
that was eliminated under COVID, so

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banks are no longer required to have
ten percent of customer deposits on reserve,

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which means that, Okay, if
you go into take your money out of

370
00:28:00.920 --> 00:28:04.160
the bank, where is the bank
getting the money to be able to satisfy

371
00:28:04.200 --> 00:28:07.359
your withdraw request? While they're getting
it from a principle and interest on what

372
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commercial real estate which is failing,
residential real estate which is struggling, consumer

373
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debt, student loans which were just
restarted recently, and forty six percent folks

374
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said I'm not going to repay my
student loans right out of the bad.

375
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So the bank is already in a
situation where they have no reserves and basically

376
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their source of liquidity is drying up. So I think our banking system is

377
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an incredibly weak position and this at
a time when you Russia announced today one

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of their strategic plans for twenty to
twenty four is to get off the dollar

379
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as soon as possible. The bricks
are moving aggressively to get off the dollars.

380
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So you basically have pressure on the
dollar, on fiat currency, and

381
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on the banks for multiple directions in
a way that we haven't seen in modern

382
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history. So I think that collapse
is the baseline scenario, and the best

383
00:29:02.559 --> 00:29:04.200
thing that we can do is actually
to get out of the dollar and start

384
00:29:04.319 --> 00:29:11.200
using self custody crypto gold and silver
in a parallel economy to protect ourselves or

385
00:29:11.200 --> 00:29:15.960
otherwise we're going to get forced into
CBDC. That's how we get forced into

386
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CBDC. All of a sudden,
one day it's oh, your fiat currency

387
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is now CBDC. I mean that's
to be a bank holiday and that's it.

388
00:29:23.960 --> 00:29:30.759
Yes, And we have one of
our major sponsors is Wisewolf Gold and

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Silver. You set up David Knight
dot gold and whenever I talk about it,

390
00:29:33.279 --> 00:29:37.799
Aaron I say, you know,
I don't look at gold as really.

391
00:29:37.759 --> 00:29:41.400
You know, they can manipulate the
price of gold, they can manipulate

392
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the value of the dollar, and
so these things are constantly fluctuating and fluctuating

393
00:29:44.680 --> 00:29:47.279
for their advantage. And you try
to time this, you're going to get

394
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burned. I said, no,
I look at it as a necessity because

395
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of CBDC, and I look at
it and you're talking about, you know,

396
00:29:55.400 --> 00:29:59.359
crypto gold and silver. It really
is necessary. You talked about the

397
00:29:59.359 --> 00:30:03.519
fragility of the banking system. Commercial
real estate that you pointed out that is

398
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heavily, heavily impacting the small and
medium sized banks. And they're already shaky

399
00:30:11.599 --> 00:30:15.759
because of the rapid escalation of interest
rates that left them trapped with T bills

400
00:30:15.799 --> 00:30:18.240
and things like that, as we
saw several bank failures. So the entire

401
00:30:18.279 --> 00:30:22.039
banking industry, except for the really
big guys that are going to be too

402
00:30:22.039 --> 00:30:23.599
big to fail, they're going to
be partnering with the Federal Reserve and they

403
00:30:23.599 --> 00:30:27.920
will make sure that they that Jamie
Diamond and these people continue and there so,

404
00:30:29.039 --> 00:30:33.279
but the rest of the banking industry
is incredibly fragile at this point because

405
00:30:33.920 --> 00:30:37.240
of this volatility and the interest rates
that caught them out, and because of

406
00:30:37.240 --> 00:30:44.039
the commercial real estate stuff that again
hearkens back to COVID let's talk a little

407
00:30:44.039 --> 00:30:49.160
bit about Nigeria, because of all
the countries that tried this stuff, Nigeria

408
00:30:49.880 --> 00:30:56.160
was one where they did an early
experiment. People didn't like it. What

409
00:30:56.960 --> 00:31:00.240
can we learn from that experiment and
what did they learn learn from that experiment,

410
00:31:00.279 --> 00:31:03.400
because I'm sure that they have fine
tuned the way that they'll impose it

411
00:31:03.440 --> 00:31:07.640
on us after what they saw with
Nigeria. So what are your comments about

412
00:31:07.720 --> 00:31:11.559
Nigeria. Well, Nigeria's an interesting
case and I actually talked to several people

413
00:31:12.680 --> 00:31:17.759
on a Twitter space from Nigeria about
this as it was going on. One

414
00:31:17.799 --> 00:31:18.960
of the things that you'll find,
and one of the things I talk about

415
00:31:18.960 --> 00:31:22.680
in the book, is that there
really is a push here towards one world

416
00:31:22.680 --> 00:31:27.680
global government, and there are specific
organizations involved in pushing this, specifically things

417
00:31:27.720 --> 00:31:33.720
like CBDCs, and those organizations include
the WEF, the UN, the International

418
00:31:33.720 --> 00:31:37.440
Monetary Fund, and the World Bank. And in the case of Nigeria,

419
00:31:37.599 --> 00:31:44.119
Nigeria is one of these examples where
nobody in the country wanted a CBDC,

420
00:31:44.720 --> 00:31:48.440
nobody was asking for a CBDC.
The CBDC was pushed on them by the

421
00:31:48.480 --> 00:31:56.160
World Bank and the IMF with strings
as those organizations often do as they go

422
00:31:56.279 --> 00:32:01.920
in and help destroy property rights and
destroy country for purpose of enforcing their own

423
00:32:01.960 --> 00:32:07.759
standards and their own will. So
Nigeria was not set up from a technological

424
00:32:07.799 --> 00:32:12.599
perspective to have CBDCs, So just
from a basic perspective, so it's not

425
00:32:12.680 --> 00:32:16.799
it doesn't really apply as much here
because obviously most people here are using online

426
00:32:16.839 --> 00:32:21.240
banking or have cell phones or whatever. I mean, we're already from a

427
00:32:21.240 --> 00:32:24.799
technical standpoint able to handle the actual
adoption of it. But in Nigeria,

428
00:32:24.880 --> 00:32:30.599
they literally didn't have the technical infrastructure, and so people were going to ATMs

429
00:32:30.640 --> 00:32:34.519
and all of a sudden we couldn't
pull out cash, and you had fires

430
00:32:34.559 --> 00:32:37.039
and rioting and everything else. And
so it really I think in that particular

431
00:32:37.079 --> 00:32:44.799
instance, came down to this was
a country where they weren't technology technologically enabled

432
00:32:44.839 --> 00:32:47.359
for it, and they handled the
marketing and the rollout of it in a

433
00:32:47.759 --> 00:32:52.759
horrible way. And if I recall
correctly, I think they're head of their

434
00:32:52.759 --> 00:32:58.720
central bank is in prison right now. Because there are also claims of corruption

435
00:32:59.000 --> 00:33:05.480
involving a whole variety of different issues, and so so I don't know that

436
00:33:05.480 --> 00:33:09.880
we can take much from the Nigerian
experiment and apply it here. And because

437
00:33:09.920 --> 00:33:15.079
there are one point three billion people
on the planet that now have CBDC accounts,

438
00:33:15.640 --> 00:33:17.039
a lot of the arguments are a
lot of the complacency as well.

439
00:33:17.119 --> 00:33:20.519
Yeah, maybe they've done it in
some of these smaller countries, but they

440
00:33:20.559 --> 00:33:22.640
can't do it here. Well,
no, if they can do it in

441
00:33:22.759 --> 00:33:25.960
China, then from a technological perspective, they can do it here. And

442
00:33:27.880 --> 00:33:30.960
again the tech, the tech already
exists. So if people were willing to

443
00:33:30.960 --> 00:33:37.240
take vaccines for a donut or a
medium or French fries, then then they'll

444
00:33:37.319 --> 00:33:42.039
use the carrot. They'll use the
carrot and the stick or the stick.

445
00:33:42.119 --> 00:33:44.920
It depends on the situation. So
either we're going to have some fear based

446
00:33:44.960 --> 00:33:49.319
event and it'll be pushed in to
keep everybody safe, or they'll try to

447
00:33:49.319 --> 00:33:52.720
make it one of these things where
I'll get one point three digital dollars for

448
00:33:52.799 --> 00:33:55.799
every one dollar you have in your
bank account. And most people, if

449
00:33:55.799 --> 00:34:00.000
they're unaware of what's going on behind
the scenes, actually take it because it

450
00:34:00.000 --> 00:34:05.119
seems like a good deal at the
time, and all of their marketing is

451
00:34:05.160 --> 00:34:08.480
about convenience and financial inclusion. These
are their buzzwords. I'm going to do

452
00:34:08.519 --> 00:34:13.920
another article that talks about the double
speak and just provides a guidebook to what

453
00:34:14.079 --> 00:34:16.480
these terms mean when these people are
pushing this out, because the biggest one

454
00:34:16.480 --> 00:34:20.519
you're going to hear we heard it
at Dabbos again a couple of weeks ago.

455
00:34:20.599 --> 00:34:22.880
You hear it at the UN It's
financial inclusion. This is all about

456
00:34:22.920 --> 00:34:27.760
financial inclusion. That's how they try
to market it, and it couldn't be

457
00:34:28.639 --> 00:34:30.800
anything further from the truth. Yeah, they want to exclude you from everything

458
00:34:32.119 --> 00:34:35.519
because you're not going to be a
stakeholder. They're going to be the people

459
00:34:35.559 --> 00:34:37.599
that have all the stakes that they're
holding all the stakes on us. Yeah,

460
00:34:37.599 --> 00:34:42.559
that's the type of thing that Gates
worked with India on with the Adhar

461
00:34:42.679 --> 00:34:45.320
system, and he came in saying, you know what, these people are

462
00:34:45.320 --> 00:34:47.920
just not included in society. They
need to have an ID. It's like,

463
00:34:47.920 --> 00:34:51.159
oh, I didn't realize that was
what was missing from my life.

464
00:34:51.800 --> 00:34:57.119
So government ID and so they incentivized
it with the poor people, saying if

465
00:34:57.119 --> 00:35:00.199
you take the number of the government, the number of the beast, you're

466
00:35:00.199 --> 00:35:04.199
going to get. You can get
some welfare, you can get healthcare,

467
00:35:04.239 --> 00:35:07.360
and that type of thing. And
we've seen this Aaron with world Coin,

468
00:35:07.119 --> 00:35:09.639
you know, Sam Altman is out
there saying, well, you know,

469
00:35:09.800 --> 00:35:14.679
you let us scan your eyeball or
whatever, we'll give you some free world

470
00:35:14.760 --> 00:35:17.559
coin, you know. And so
I think there'll be a stage. And

471
00:35:17.599 --> 00:35:21.719
when I look at Nigeria, maybe
they tried to roll it out slowly,

472
00:35:22.199 --> 00:35:23.360
kind of incentivize that. They go, well, maybe we've got some poor

473
00:35:23.360 --> 00:35:27.760
people here, we can offer them
something, and you know it, do

474
00:35:27.840 --> 00:35:30.360
it that way, but people didn't
really want it. So then the when

475
00:35:30.360 --> 00:35:36.320
the bribery doesn't work, they come
out with the bands and the blunt instruments

476
00:35:36.360 --> 00:35:39.039
and start beating you, you know, into coercion. And and that's I

477
00:35:39.079 --> 00:35:44.559
think really where the emergency scenario that
you talked about. I think people are

478
00:35:44.599 --> 00:35:47.480
going to rapidly catch on to what
this is about unless there is an emergency.

479
00:35:47.840 --> 00:35:51.840
And as you point it out,
when there's an emergency, everybody's brain

480
00:35:52.000 --> 00:35:55.719
just shuts off because of the fear, and they're grasping for anything, no

481
00:35:55.800 --> 00:36:01.920
matter how obviously dangerous and and risky
it is. They will little grab for

482
00:36:01.960 --> 00:36:06.039
that, you know, because this
is not even something is going to directly

483
00:36:06.079 --> 00:36:08.679
affect their health like a vaccine.
This is something that is a danger to

484
00:36:09.280 --> 00:36:13.920
their freedom, a danger to them
politically and legally in the future. And

485
00:36:13.960 --> 00:36:16.559
so of course they're not going to
have as much resistance to it. I

486
00:36:16.559 --> 00:36:20.440
don't think as they did taking the
shot when they were told it was an

487
00:36:20.519 --> 00:36:23.960
ergency. And it works every time. Fear work every time they and they

488
00:36:24.000 --> 00:36:27.400
know it works. And I will
tell you one of the things that's interesting

489
00:36:27.440 --> 00:36:30.719
is I traveled to twenty states last
year meeting with various groups of people,

490
00:36:30.880 --> 00:36:36.880
and I will say eighty percent at
least had never heard of CBDCs. That's

491
00:36:36.960 --> 00:36:42.320
right. So this is not a
phrase or a concept or a topic that

492
00:36:42.440 --> 00:36:45.199
has hit the mainstream at all.
But I'll tell you something even more alarming,

493
00:36:45.320 --> 00:36:49.559
and it's really changed my strategy with
this. I originally thought early,

494
00:36:49.639 --> 00:36:52.559
well, you know, maybe it'll
be the younger generation that will adopt this

495
00:36:52.719 --> 00:36:57.239
because they're more used to technology.
But I've actually I'm focusing more of my

496
00:36:57.280 --> 00:37:01.000
attention on boomers and Gen X for
a variety of reasons. One that they

497
00:37:01.039 --> 00:37:05.280
have all of the wealth. I
mean, I think boomers have fifty three

498
00:37:05.320 --> 00:37:08.360
percent of the of the wealth in
this country. But they also have some

499
00:37:09.639 --> 00:37:15.920
kind of remembrance of privacy or concept
of privacy and individual rights. What I'm

500
00:37:15.960 --> 00:37:22.599
seeing with gen Z and even millennials
to a certain degree is a complete disconnect.

501
00:37:22.920 --> 00:37:27.800
There's a I think Cato had a
report out that said something like thirty

502
00:37:27.920 --> 00:37:35.280
five percent of gen Z would be
okay with the federal government installing security cameras

503
00:37:35.280 --> 00:37:42.519
and people's homes to monitor for domestic
violence. Yeah, and a Big Brother

504
00:37:42.599 --> 00:37:45.920
and so the idea of privacy.
So they're going to be more inclined to

505
00:37:45.960 --> 00:37:49.280
be like, yeah, well whatever, this is more convenient, it's digital.

506
00:37:49.320 --> 00:37:52.559
Why wouldn't we we use this?
So I'm actually focusing my effort more

507
00:37:52.599 --> 00:37:55.159
on boomers and Gen X at this
point, not that you know, eventually

508
00:37:55.159 --> 00:38:00.199
we need to get everyone, but
the barrier is even harder for the younger

509
00:38:00.280 --> 00:38:06.199
generations because they don't have an expectation
of privacy and they don't value they don't

510
00:38:06.280 --> 00:38:07.840
value it as much. So think
about it, you know, and I've

511
00:38:07.840 --> 00:38:10.960
mentioned it many times. I thought
it was very interesting how they and I

512
00:38:12.000 --> 00:38:14.960
don't believe it was a coincidence.
I believe they started all the Big Brother

513
00:38:15.039 --> 00:38:17.800
stuff, the reality TV, and
it was put out there when these generations

514
00:38:17.840 --> 00:38:21.199
are very young, and a lot
of them consumed that. And then oh,

515
00:38:21.239 --> 00:38:22.719
by the way, now we got
social media, you can do that.

516
00:38:22.840 --> 00:38:25.199
You can be a Big Brother celebrity
too. You might get a lot

517
00:38:25.239 --> 00:38:30.000
of followers. And so it really
kind of helped to break down those barriers,

518
00:38:30.800 --> 00:38:34.920
and people became kind of exhibitionists about
their private life, and they weren't

519
00:38:34.960 --> 00:38:37.360
careful about what they were putting out
there publicly, and so they don't really

520
00:38:37.400 --> 00:38:42.679
care about privacy. They would much
rather be known by everybody that's out there.

521
00:38:43.039 --> 00:38:45.320
They don't get the big picture.
You know, when DeSantis talked about

522
00:38:45.320 --> 00:38:50.559
it, he had about a twenty
or thirty minute press conference and he had

523
00:38:50.559 --> 00:38:55.559
the sign up that said Big Brother
Digital Money, and I was absolutely blown

524
00:38:55.559 --> 00:38:59.920
away that. After he gives us
presentation talking about what we've been talking about

525
00:39:00.079 --> 00:39:02.599
on all the downsides of how it
could be used and abused against people,

526
00:39:02.880 --> 00:39:07.119
the first question was, yeah,
but what about President Trump and Alvin Bragg

527
00:39:07.119 --> 00:39:08.360
in Manhattan? You know what's going
on with that trial, And it's like

528
00:39:08.920 --> 00:39:13.920
total non sequitor about that. And
so everybody is caught up in the in

529
00:39:13.960 --> 00:39:16.840
the in the theatrics of politics and
everything, and you know, nobody there

530
00:39:16.920 --> 00:39:21.400
the press was really interested. Maybe
they were, and maybe that was a

531
00:39:21.440 --> 00:39:23.239
millennial who was asking the questions like
Big Brother, Who cares? I love

532
00:39:23.239 --> 00:39:27.480
Big Brother? That's one of my
favorite TV shows. You know, It's

533
00:39:27.559 --> 00:39:32.440
like there's this total disconnect from reality, total disconnect to all these existential issues

534
00:39:32.599 --> 00:39:36.920
that are popping up very quickly.
And even if they had debates, as

535
00:39:36.960 --> 00:39:40.159
you pointed out, the debates,
that the same questions are being asked that

536
00:39:40.239 --> 00:39:45.000
were asked thirty forty years ago and
they're not really relevant today, but they

537
00:39:45.039 --> 00:39:49.679
control everything, and then they at
this time around, they've even shut down

538
00:39:49.679 --> 00:39:54.360
the debates are going to shut down
essentially the presidential primaries. Talk a little

539
00:39:54.360 --> 00:40:00.119
bit about you said that Ramaswami read
your book and pass it on to Trump.

540
00:40:00.119 --> 00:40:04.119
Now, you know, when I
saw Trump make the announcement, he

541
00:40:04.239 --> 00:40:07.800
just mentioned central bank digital currency and
our reaction to it. And one of

542
00:40:07.800 --> 00:40:08.599
the listeners said, so, I
guess he got a hold of some of

543
00:40:08.639 --> 00:40:13.119
those analytics out there that said that
some people are aware of this and he

544
00:40:13.199 --> 00:40:17.079
needs to talk about it. But
maybe it was Ramaswami whispering into his ear.

545
00:40:17.320 --> 00:40:22.079
But I don't really, you know, I don't trust the fact that

546
00:40:22.199 --> 00:40:25.639
he's going to do anything about it, because it was in his administration that

547
00:40:25.880 --> 00:40:32.400
Steve Manuchain Treasury Secretary, and Jared
Kushner were talking about CBDC and what they

548
00:40:32.400 --> 00:40:36.039
could do to afford it. So
I think this is a bipartisan thing.

549
00:40:36.039 --> 00:40:39.039
As you've pointed out, not very
many people in Congress have any concern about

550
00:40:39.079 --> 00:40:43.519
this, even if they know what
it is. And this might be something

551
00:40:43.559 --> 00:40:45.159
that they may talk about, but
you know, can we really trust any

552
00:40:45.199 --> 00:40:47.760
of these guys do anything about it? And as you point out, they

553
00:40:47.760 --> 00:40:52.119
could very easily roll this stuff in
before we even have an election. Yeah.

554
00:40:52.280 --> 00:40:55.320
So Rumswami did bring it up to
Trump, and in fact, Trump

555
00:40:55.320 --> 00:41:00.960
gave him credit for it. Trump
explicitly gave gave Via a credit for pushing

556
00:41:01.000 --> 00:41:05.360
him on the CBDC issue. Do
I believe him? No? I know.

557
00:41:05.480 --> 00:41:07.360
You know, I was arguing with
somebody saying, well, didn't repeal

558
00:41:07.400 --> 00:41:10.559
Obamacare. We could go through the
building the wall and have back to we're

559
00:41:10.599 --> 00:41:14.400
going to go through all the laundry
lists. But am I going to rest

560
00:41:14.440 --> 00:41:16.679
safe and sound thinking that he's not
going to do this. One of the

561
00:41:16.719 --> 00:41:21.559
things that I have found that Trump
does is he'll make a promise and then

562
00:41:22.000 --> 00:41:24.480
he'll go back on it, but
then he'll claim it's because he's really good

563
00:41:24.480 --> 00:41:28.920
at doing deals and this is how
you get good deals. And then and

564
00:41:28.960 --> 00:41:32.480
then his followers will just accept that
he never gets any accountability because of that.

565
00:41:32.559 --> 00:41:36.559
Somehow he has this, he's been
able to use this device of being

566
00:41:37.199 --> 00:41:38.400
you know, the art of the
deal. He's been able to craft that

567
00:41:38.480 --> 00:41:44.880
into a kind of a scapegoat for
not following through on principle. But more

568
00:41:44.920 --> 00:41:47.920
importantly, and this is one of
the areas that you know, by Beck

569
00:41:47.960 --> 00:41:51.480
and I disagreed on a little bit, which is I actually put out a

570
00:41:51.519 --> 00:41:53.840
candidate pledge, and the pledge was, yes, if elected, I will

571
00:41:53.960 --> 00:41:58.599
veto and do everything in my power
to stop a CBDC. But there's a

572
00:41:58.639 --> 00:42:01.280
second part to the pledge that says, if they try to implement it before

573
00:42:01.320 --> 00:42:07.199
the twenty twenty four election, I
will do my best to promote the idea

574
00:42:07.280 --> 00:42:10.840
to the American citizens directly that they
should move into self custody crypto gold and

575
00:42:10.880 --> 00:42:14.920
silver as a way to stop it
before the election. And that's the I

576
00:42:15.119 --> 00:42:20.440
actually that was a sticking point with
me and Viveik. I was actually trying

577
00:42:20.440 --> 00:42:23.320
to get him to sign that pledge. And this is the bigger point.

578
00:42:23.360 --> 00:42:28.840
So is Trump you know, is
he on this issue because of the analytics,

579
00:42:28.840 --> 00:42:31.039
because it's something that it looks like
he needs to he needs to actually

580
00:42:31.440 --> 00:42:35.320
say in order to get elected,
or is he really going to be willing

581
00:42:35.400 --> 00:42:40.400
to even before the election if they
try to put it in use his megaphone

582
00:42:40.519 --> 00:42:45.840
to encourage people to take direct action
to stop it. I do not believe

583
00:42:45.840 --> 00:42:49.119
he will do that. I think
we sure having that we need to talk

584
00:42:49.119 --> 00:42:52.000
before we run out of time about
self custody on some of these things.

585
00:42:52.000 --> 00:42:57.639
And as you point out, you've
gotten completely out of cash just real quickly.

586
00:42:57.639 --> 00:43:00.519
Though. It would be interesting.
Did you have any disc ushions with

587
00:43:00.559 --> 00:43:07.079
anybody any other candidates besides Ramaswami that
we're running and besides Ted Cruz who has

588
00:43:07.360 --> 00:43:12.599
talked about any other politicians that you've
talked to and what might be their responses.

589
00:43:13.320 --> 00:43:15.719
Well, I've got a dozen or
so state reps in New Hampshire that

590
00:43:15.719 --> 00:43:19.000
have signed my pledge. I've talked
to state reps in different you know,

591
00:43:19.079 --> 00:43:23.679
Montana, Texas and a variety of
different states at the local level, and

592
00:43:23.719 --> 00:43:27.639
there's a big push now at the
state level to try to make gold and

593
00:43:27.679 --> 00:43:31.239
silver legal tender at the state level. So I've been talking to some of

594
00:43:31.239 --> 00:43:36.000
the people involved in that. They're
working heavily on that here in Tennessee,

595
00:43:36.119 --> 00:43:38.159
even trying to get a state bank
and a state depository and trying to get

596
00:43:38.159 --> 00:43:43.039
the state government to own gold in
case there is some kind of a financial

597
00:43:43.039 --> 00:43:46.599
emergency. Yeah, there are,
so there are efforts. I've also I

598
00:43:46.719 --> 00:43:50.719
debated. Ironically, I couldn't get
into any Republican debates, but I had

599
00:43:50.800 --> 00:43:54.679
multiple debates with various Libertarian presidential candidates. And so the Libertarian presidential candidates,

600
00:43:54.679 --> 00:43:59.159
not surprisingly, are all against CBDCs, and a couple of them, Mike

601
00:43:59.239 --> 00:44:06.280
Timott and Michael Rechtenwald, have actually
signed my pledge. So if you actually

602
00:44:06.320 --> 00:44:12.000
look at it right now, rfk
Trump the leading candidates in the race.

603
00:44:12.079 --> 00:44:16.800
Everybody but Biden has at least stated
their anti CBDC. So that's something.

604
00:44:16.840 --> 00:44:20.800
But again, to me, it's
something, but not enough. It's not

605
00:44:21.000 --> 00:44:23.880
enough. I know, it's more
interesting that these people would even just turn

606
00:44:23.920 --> 00:44:25.960
their back on it. I mean, a pledge is easy enough to sign,

607
00:44:27.000 --> 00:44:29.320
and when they don't do that,
that tells you a great deal about

608
00:44:29.360 --> 00:44:32.519
people like Nikki or whatever. But
let's talk about self custody and things that

609
00:44:32.559 --> 00:44:37.400
we can do as individuals, because
there really isn't anything that we can do.

610
00:44:37.559 --> 00:44:40.000
I think that there's not much we
can do in Washington. It's difficult

611
00:44:40.039 --> 00:44:43.840
to get anything done even at the
state level. What can we do as

612
00:44:43.880 --> 00:44:45.760
individuals? What have you done?
Well? What I've done? So I

613
00:44:45.760 --> 00:44:51.880
got into crypto on twenty twelve and
twenty nineteen, I exited the dollar completely

614
00:44:52.039 --> 00:44:54.039
and moved everything into crypto gold and
silver. And in fact, I've been

615
00:44:54.079 --> 00:44:58.039
a political activist for a long time. I'd given up on the political process

616
00:44:58.519 --> 00:45:00.519
as well, so I helped get
people elected. I've run for a number

617
00:45:00.559 --> 00:45:04.000
of different offices. I'm like,
look, this is done. I'm going

618
00:45:04.039 --> 00:45:06.880
to move into crypto. I'm going
to move into this technology and start thinking

619
00:45:06.920 --> 00:45:09.920
about parallel economies and everything else.
And then COVID happened and a variety of

620
00:45:10.000 --> 00:45:13.920
other things, and then I saw, well, this isn't just about having

621
00:45:13.960 --> 00:45:17.880
decentralized alternatives. They're taking perverted forms
of this technology and using it to complete

622
00:45:19.239 --> 00:45:22.920
to create complete tyranny. So there's
no coexisting, there's no going and hiding

623
00:45:22.920 --> 00:45:28.559
in a cabin in the woods.
When your opponent wants a one world global

624
00:45:28.599 --> 00:45:32.599
technocracy where they have control over every
aspect of humanity and control the land,

625
00:45:32.639 --> 00:45:37.480
the air, and the sea.
That doesn't coexist with you know, hiding

626
00:45:37.519 --> 00:45:40.079
out somewhere. So I realized we
actually have to confront this head on.

627
00:45:40.239 --> 00:45:45.599
So, you know, I've been
using and my book goes into specific details

628
00:45:45.760 --> 00:45:50.119
on you know, which cryptos to
consider, wallets and with gold and silver

629
00:45:50.159 --> 00:45:53.400
infect this probably won't probably can't see
this, or you can kind of see

630
00:45:53.400 --> 00:45:57.519
this. I'm holding a gold back. I don't know if you've seen these.

631
00:45:57.719 --> 00:46:01.360
This is this is you know,
one one thousandth of an ounce of

632
00:46:01.440 --> 00:46:06.000
gold, and I've actually I give
these to people if I go to a

633
00:46:06.039 --> 00:46:08.599
restaurant or something, I will typically
give these as a tip with some kind

634
00:46:08.599 --> 00:46:13.199
of an explanation so that you know
you now have because one of the big

635
00:46:13.199 --> 00:46:15.199
concerns about gold as well, how
are you going what are you going to

636
00:46:15.400 --> 00:46:19.639
go to a grocery store and you
know, slice off a piece of gold,

637
00:46:19.440 --> 00:46:23.000
and so these gold backs are a
way of putting gold into a into

638
00:46:23.039 --> 00:46:27.719
a usable form. I've also used
silver, you know, even you know

639
00:46:27.960 --> 00:46:30.599
you can get silver in one tenth
of an ounce increments and so you can

640
00:46:30.679 --> 00:46:34.920
use that actually for day to day
trade. And again I'm in New Hampshire

641
00:46:34.920 --> 00:46:38.599
where there's a lot of receptivity to
these kinds of things. With respect to

642
00:46:38.679 --> 00:46:45.199
crypto, you know, I recommend
I'm not selling or promoted by I only

643
00:46:45.239 --> 00:46:51.440
recommend cryptos that are based on the
Bitcoin white Paper, that are decentralized,

644
00:46:51.480 --> 00:46:58.679
that don't have a centralized corporate structure, because those cryptos can be easily shut

645
00:46:58.719 --> 00:47:04.039
down by the government and and in
some ways aren't even materially different than the

646
00:47:04.079 --> 00:47:07.440
existing system. Something like Ethereum is
completely centralized in the way that it operates.

647
00:47:07.840 --> 00:47:13.440
The transactions can be reversed. It
doesn't really offer any real true innovation

648
00:47:13.639 --> 00:47:16.039
with respect to and many people have
talked about maybe you know, Ethereum might

649
00:47:16.079 --> 00:47:20.599
be the substrate in which they build
something real quickly to put out there on

650
00:47:20.719 --> 00:47:23.920
people. Right, I did not
realize that the Ethereum transactions could be reversed.

651
00:47:24.039 --> 00:47:28.840
That's interesting, Well, they can
be reversed because because now instead of

652
00:47:28.880 --> 00:47:32.400
it being this proof of work model
where you have computers competing to solve math

653
00:47:32.480 --> 00:47:37.320
puzzles to see who adds the next
block of transactions, these are now more

654
00:47:37.320 --> 00:47:43.480
controlled by whoever has more coins has
a greater say in adding the transactions to

655
00:47:43.559 --> 00:47:47.039
the next block. So it's kind
of like a normal system where it's it's

656
00:47:47.119 --> 00:47:52.119
controlled by a small, smaller group
of elites. It's also very expensive to

657
00:47:52.239 --> 00:47:57.400
use. Yeah, and arguably it
could be in illegal security. So what

658
00:47:57.679 --> 00:48:00.599
I'm looking for are specifically, and
I want to be clear about this,

659
00:48:00.639 --> 00:48:06.079
I'm not making investment recommendation advice.
I'm talking about the use of cryptocurrency as

660
00:48:06.239 --> 00:48:09.760
cash, as a replacement for cash, which is different than as a speculative

661
00:48:09.760 --> 00:48:15.280
investment. So Bitcoin, which I
mentioned, went through this thing in twenty

662
00:48:15.320 --> 00:48:20.880
seventeen where there were some technological changes
made to it made it unusable really as

663
00:48:21.000 --> 00:48:25.719
cash. There was a period of
time in twenty seventeen you had Expedia,

664
00:48:27.760 --> 00:48:35.159
Microsoft, Overstock dot Com. You
have major companies and websites taking bitcoin directly

665
00:48:36.000 --> 00:48:43.679
as a payment option. And what
happened was because of extra use, the

666
00:48:43.760 --> 00:48:47.400
transaction fees went up to as high
as fifty five dollars. So if you're

667
00:48:47.400 --> 00:48:51.880
going to spend fifty five dollars and
in some cases ten to fourteen days to

668
00:48:51.920 --> 00:48:57.079
complete a transaction, that made bitcoin
unusable as money. Now they had an

669
00:48:57.079 --> 00:48:59.880
option. They had an option,
which is they could increase what are called

670
00:48:59.880 --> 00:49:02.280
the size of the block, so
basically make it so that every ten minutes

671
00:49:02.320 --> 00:49:07.199
you can handle more transactions, which
is what basically the Bitcoin white Paper and

672
00:49:07.239 --> 00:49:10.599
some of the other discussions contemplated.
But instead of doing that, they decided

673
00:49:10.599 --> 00:49:16.239
to implement this completely alternative system,
and so bitcoin is not recovered from that

674
00:49:16.400 --> 00:49:20.760
peak in twenty seventeen where it was
being used directly as a payment option.

675
00:49:20.800 --> 00:49:22.880
They now have this thing called Lightning
Network and all of these other things that

676
00:49:22.920 --> 00:49:28.920
are complicated, hard to use,
and have a variety of other issues associated

677
00:49:28.920 --> 00:49:36.519
with it. So I've found myself
using predominantly bitcoin cash, Bitcoin sv raven

678
00:49:36.519 --> 00:49:42.079
Coin, and light Cooin are the
main cryptocurrencies that I've been using as cash,

679
00:49:42.159 --> 00:49:45.000
with bitcoin cash being the one that
I've used the most. So bitcoin

680
00:49:45.039 --> 00:49:50.679
cash actually split off from Bitcoin and
has so it's essentially the same as the

681
00:49:50.719 --> 00:49:54.840
original Bitcoin model, except with larger
transaction capacity. So that's what I've been

682
00:49:54.960 --> 00:49:58.840
using. And what you can do
is there are certain stores where you can

683
00:49:58.920 --> 00:50:02.079
use bitcoin cash direct and you can
also convert bitcoin cash to a debit card

684
00:50:02.639 --> 00:50:07.119
if you need to and use that
to make transactions. And then there are

685
00:50:07.159 --> 00:50:13.280
services like bidpay where you can actually
pay in certain cases your mortgage or other

686
00:50:13.360 --> 00:50:17.840
bills directly using crypto through a third
party application like bidpay. And so I

687
00:50:17.880 --> 00:50:22.079
outline all of this in my book
in terms of how you can actually acquire

688
00:50:22.199 --> 00:50:28.440
these cryptos and actually use them for
day to day transactions to pay your bills.

689
00:50:28.519 --> 00:50:30.960
And do you address having an offline
wallet and that type of thing,

690
00:50:31.000 --> 00:50:35.079
because that's the other way that they
can shut this stuff down, of course,

691
00:50:35.079 --> 00:50:37.800
shutting down the Internet and shutting down
these online transactions. And that's one

692
00:50:37.840 --> 00:50:42.239
aspect of this as a boomer who's
not gotten involved in this, that I

693
00:50:42.239 --> 00:50:45.400
don't understand, and that is the
wallet offline. Is that something that you

694
00:50:45.480 --> 00:50:50.079
use. Is that something you talk
about in your book. Well, one

695
00:50:50.119 --> 00:50:53.079
thing I didn't mention it, so
it stressed self custody. So one part

696
00:50:53.119 --> 00:50:57.239
about this is that you want to
get a wallet, and you don't want

697
00:50:57.280 --> 00:51:00.719
to have it in an exchange like
coinbase. You know, that may be

698
00:51:00.840 --> 00:51:04.760
where you need to acquire the crypto, but you want to have it on

699
00:51:04.920 --> 00:51:09.199
your own device, or there are
things called hardware wallets or other options where

700
00:51:09.199 --> 00:51:15.119
you can store your keys and basically
have in your own possession your cryptocurrency.

701
00:51:16.039 --> 00:51:19.239
I mean, you get this question
a lot, Well, what if the

702
00:51:19.239 --> 00:51:21.480
grid goes down? I mean to
be honest, if the grid goes down,

703
00:51:21.639 --> 00:51:23.360
then we're going to be, you
know, after ninety days in a

704
00:51:23.400 --> 00:51:29.719
state of cannibalism. That's not even
a joke. So there's a So there

705
00:51:29.719 --> 00:51:30.719
are other things you can do around
that. There are things that you can

706
00:51:30.760 --> 00:51:34.920
do, like creating mesh networks,
And there's a whole other, you know,

707
00:51:35.199 --> 00:51:42.760
side to this, which ways of
being off grid and creating alternative networks

708
00:51:43.000 --> 00:51:45.599
to maybe keep some of this stuff
going. But this is why I recommend

709
00:51:45.639 --> 00:51:50.599
crypto, gold and silver. I'm
not rev recommending just crypto or just gold

710
00:51:50.679 --> 00:51:55.360
or just silver. I think to
predict that any one crypto or any one

711
00:51:55.400 --> 00:51:59.320
of these things is going to win
out at the end of the day would

712
00:51:59.320 --> 00:52:01.199
be would be foolish. It's good
to have kind of a balanced approach.

713
00:52:01.239 --> 00:52:04.840
And when I do my workshop,
at the end, people will have a

714
00:52:04.880 --> 00:52:07.480
goldback, they'll have silver, and
they'll have a self custody crypto wallet with

715
00:52:07.559 --> 00:52:12.199
some crypto in it, just to
get them started with the process. But

716
00:52:12.239 --> 00:52:15.159
it's something you have to monitor on
an ongoing basis. I mean, I'm

717
00:52:15.239 --> 00:52:21.559
constantly there are more. I saw
this Rodney Dangerfield joke. It was I

718
00:52:21.599 --> 00:52:28.000
went to a boxing match and a
hockey game broke out, and you know,

719
00:52:28.079 --> 00:52:30.320
and I feel like, you know, I went to a political debate

720
00:52:30.360 --> 00:52:34.119
and in a bitcoin folk war broke
out. I mean, there's so much

721
00:52:34.280 --> 00:52:37.440
division and infighting within crypto, and
it actually it makes it hard for me.

722
00:52:37.440 --> 00:52:39.960
I'd like to be able to say
to somebody by this crypto and here's

723
00:52:39.960 --> 00:52:43.440
the solution. I can't. What
I can do is I can educate you

724
00:52:43.480 --> 00:52:45.599
on a variety of options and ways
of looking at this and to say you

725
00:52:45.679 --> 00:52:49.000
need to stay up on it,
because I'm staying up on it. It's

726
00:52:49.079 --> 00:52:52.440
changed, It changes so rapidly,
and it's going to continue to change based

727
00:52:52.480 --> 00:52:58.000
on government crackdowns. There are lawsuits
going on within the bitcoin community. There's

728
00:52:58.000 --> 00:53:01.840
one coming up called the Cope of
versus Craig White lawsuit, which has huge

729
00:53:01.880 --> 00:53:07.159
implications depending on how that how that
goes, that will affect bitcoin and the

730
00:53:07.199 --> 00:53:10.519
derivatives of it. And so there's
just a lot to stay on top of

731
00:53:10.519 --> 00:53:14.320
it. But I do encourage people
to, you know, as I outline

732
00:53:14.360 --> 00:53:16.800
in the book, get some small
amount of crypto and put it in self

733
00:53:16.800 --> 00:53:21.760
costody and start figuring out how it
works. There's no substitute for experience and

734
00:53:22.159 --> 00:53:24.800
playing around with it. Well,
it's good and your book is the Final

735
00:53:24.840 --> 00:53:31.559
Countdown Crypto, Gold, Silver and
the People's Last stand against tyranny by central

736
00:53:31.559 --> 00:53:37.039
bank digital currencies. And in that
you not only lay out a fictional scenario

737
00:53:37.280 --> 00:53:38.880
of what it's going to be like
so people can understand, so they can

738
00:53:38.960 --> 00:53:44.880
talk to other people about this,
but it also you got some practical tips

739
00:53:44.960 --> 00:53:49.719
in there as well. And where
there's some comments there Travis that the people

740
00:53:49.800 --> 00:53:52.719
had let me read these comments.
Who we've got just a little bit of

741
00:53:52.800 --> 00:53:59.719
time left here. This is This
is from Surge the Purge, who has

742
00:54:00.119 --> 00:54:04.559
also has a podcast. Thank you
for the tip, Surgery, says David.

743
00:54:04.559 --> 00:54:07.079
I strongly feel this is the wrong
mentality with CBDC. I'm twenty four,

744
00:54:07.119 --> 00:54:10.679
I'm gen Z and my parents are
gen X and most gen xers I've

745
00:54:10.719 --> 00:54:15.119
talked to think there's nothing to see
here. A lot of them think that

746
00:54:15.159 --> 00:54:17.400
they're still in the eighties. If
anything, we must educate people in my

747
00:54:17.480 --> 00:54:21.800
age group. We're the ones who
are going to have to live with us

748
00:54:21.960 --> 00:54:25.239
in the future. Trump is hope
porn. I personally wouldn't even entertain him

749
00:54:25.280 --> 00:54:30.119
in the conversation of stopping CBDC all
just talking points. Call me blackpilled,

750
00:54:30.119 --> 00:54:34.920
But this is such a serious issue. I think rather educate on gold and

751
00:54:34.960 --> 00:54:37.599
silver and help people my age understand
the severity of the future through CBDC.

752
00:54:38.000 --> 00:54:44.320
Most boomers I've talked to literally told
me to my face, they'll be gone

753
00:54:44.320 --> 00:54:46.239
anyway, you know. I hear
that all the time eron when I talk

754
00:54:46.280 --> 00:54:51.719
to people about taking away cars,
you know, always say taking away your

755
00:54:51.719 --> 00:54:52.719
ability to drive cars, And they
said, well, yeah, I think

756
00:54:52.719 --> 00:54:55.199
that's going to happen, but it's
not going to happen in my lifetime.

757
00:54:55.320 --> 00:55:00.239
And then I would have people at
auto shows who were eighteen years old would

758
00:55:00.239 --> 00:55:02.079
tell me that, and it's like, and you know, we look at

759
00:55:02.079 --> 00:55:06.800
this stuff, and we look at
how they're cracking down on this and the

760
00:55:07.159 --> 00:55:10.119
types of narratives that they pushed to
us. I think everybody needs to be

761
00:55:10.119 --> 00:55:14.679
concerned about this, and I think
the book that you've got there, in

762
00:55:14.679 --> 00:55:16.079
the scenario that you've laid down,
I think that's very important. Again,

763
00:55:16.199 --> 00:55:21.960
the final countdown is that available on
Amazon. I guess it's available on Amazon,

764
00:55:22.239 --> 00:55:25.480
and it's a kindle form, hardback, paperback, and also audiobook.

765
00:55:27.400 --> 00:55:31.360
But to address the question that you've
had, I'm not just focused on boomers.

766
00:55:31.920 --> 00:55:36.800
The book is made to be accessible
to everyone. There's a very specific

767
00:55:36.880 --> 00:55:39.639
reason though that if anything, I'm
spending a little bit more time. It's

768
00:55:39.719 --> 00:55:45.599
this. It's the banking collapse as
it is staged right now. It's a

769
00:55:45.639 --> 00:55:52.639
controlled demolition of the banking system.
In order to stop the acceleration. We

770
00:55:52.679 --> 00:55:55.639
actually need to accelerate the banking system
collapse, and the way to do that

771
00:55:55.840 --> 00:55:59.440
is the boomers have all of the
well. So this is just a simple

772
00:55:59.480 --> 00:56:04.000
math problem of if you're going to
try to get people to take money out

773
00:56:04.039 --> 00:56:07.960
of the system and move it into
these alternatives, boomers and Gen X simply

774
00:56:07.000 --> 00:56:10.800
have more resources in the bank.
It's not a question of yeah, millennials

775
00:56:10.800 --> 00:56:13.960
and Gen Z and you know,
I mean, I have thirteen year old

776
00:56:14.000 --> 00:56:16.159
twins and so I certainly I'm not
I don't want to leave anybody out,

777
00:56:16.199 --> 00:56:21.920
but we're in a we're so the
material is accessible to everyone, but I'm

778
00:56:22.000 --> 00:56:25.239
focused on where we can get the
biggest, biggest impact and I've talked to

779
00:56:25.239 --> 00:56:29.280
a lot of boomers that are actually
take the opposite of you. They're very

780
00:56:29.320 --> 00:56:34.519
concerned about their kids and their grandchildren, and they're very concerned on the other

781
00:56:34.639 --> 00:56:37.360
end about what's going on. And
I know, I'm gen X. So

782
00:56:37.440 --> 00:56:42.400
there's you see these memes where it's
like, you know, boomers fighting with

783
00:56:42.400 --> 00:56:45.480
with millennials while gen X kind of
just sits there and relaxes and it has

784
00:56:45.840 --> 00:56:50.119
a martini while watching it. And
I'm not saying that that's what it's like,

785
00:56:50.159 --> 00:56:52.400
but there is more well, and
I'll say this too, we look

786
00:56:52.400 --> 00:56:57.239
at people people who retired. All
my life, I've noticed this. The

787
00:56:57.280 --> 00:57:00.719
people who retired have got more time, and they are not as busy with

788
00:57:00.800 --> 00:57:06.320
life as the younger generations are,
and so many of them will get involved

789
00:57:06.360 --> 00:57:12.119
very heavily and be very knowledgeable about
politics, and as you point out,

790
00:57:12.159 --> 00:57:15.159
a lot of them are concerned.
I think the best of them are going

791
00:57:15.199 --> 00:57:20.480
to be concerned about future generations.
People who are only concerned about themselves,

792
00:57:21.000 --> 00:57:23.000
they're not going to be a part
of the solution in anything. It's only

793
00:57:23.000 --> 00:57:29.639
going to be the people who are
looking after who want to not ruin the

794
00:57:29.679 --> 00:57:32.880
future. For future generations for their
children, for their grandchildren. Especially,

795
00:57:34.119 --> 00:57:37.519
those are the people who can make
the change. As you point out,

796
00:57:37.519 --> 00:57:42.159
they've got most of the financial assets, they've got time that they can get

797
00:57:42.199 --> 00:57:45.079
involved in this instead of playing shuffle
board or something, and they can have

798
00:57:45.119 --> 00:57:50.760
a real positive effect for other people. And so I do see that.

799
00:57:50.840 --> 00:57:54.159
I do understand and agree with that. And I think you also sell your

800
00:57:54.639 --> 00:57:58.199
book at your website. Is that
correct? Do you want to give that

801
00:57:58.239 --> 00:58:01.039
to people? Well, upset is
Day twenty twenty four dot com. That's

802
00:58:01.039 --> 00:58:05.760
my old campaign site. It just
links to Amazon, you know, if

803
00:58:05.800 --> 00:58:07.599
you want, if you want to
see what I was campaigning about. That's

804
00:58:07.800 --> 00:58:12.840
it's a good place to go,
good centralized resource for that. Well,

805
00:58:12.960 --> 00:58:15.079
the very interesting discussion, and we've
let it go over a little bit on

806
00:58:15.440 --> 00:58:19.679
time because it was so interesting.
But thank you so much for joining us

807
00:58:19.719 --> 00:58:27.840
again, folks. Aaron Day and
the book is Final Countdown to CBE Final

808
00:58:27.880 --> 00:58:31.480
Countdown, the Crypto, Gold,
Silver and People's Last Stand against Tyranny by

809
00:58:31.719 --> 00:58:36.400
CBDCs. So that is aktually spells
it out, so you can find it

810
00:58:36.440 --> 00:58:40.199
there on and on Amazon and of
course Aaron Day. You can look by

811
00:58:40.280 --> 00:58:43.880
author A. A. R.
O n. Thank you so much,

812
00:58:44.000 --> 00:58:46.599
Eron and good luck to you.
I certainly hope you can get the word

813
00:58:46.679 --> 00:58:49.679
out. We need to get that
word out. It's one of the reasons

814
00:58:49.679 --> 00:58:53.079
why we talked about the political position
on this, and it is important to

815
00:58:53.119 --> 00:59:00.159
know who the people are that are
so dead set against our liberty that they

816
00:59:00.199 --> 00:59:06.719
won't even make a worthless campaign pledge
because that is cheap. That is cheap

817
00:59:06.800 --> 00:59:07.880
to just say yeah, I agree
with you, sure you know, shake

818
00:59:07.880 --> 00:59:10.280
your hand, oh, I absolutely
love it, and then go do something

819
00:59:10.320 --> 00:59:15.280
else. But the people who won't
even do that, we need to mark

820
00:59:15.320 --> 00:59:16.480
those people. Thank you so much, Aaron, appreciate it. Thank you

821
00:59:16.519 --> 00:59:20.280
for having me. Thank you all
right, that's it for the program today.

822
00:59:20.280 --> 00:59:31.239
Guys, thank you so much for
joining us. Have a good day.

823
00:59:34.599 --> 00:59:40.840
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824
00:59:40.920 --> 00:59:50.000
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825
00:59:50.800 --> 00:59:57.480
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826
00:59:57.519 --> 01:00:06.360
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827
01:00:06.639 --> 01:00:13.599
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828
01:00:14.400 --> 01:00:24.519
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