I'd given up on the political process as well, so I helped get people
elected. I've run for a number of different offices. I'm like, look,
this is done. I'm going to move into crypto. I'm going to
move into this technology and start thinking about parallel economies and everything else. And
then COVID happened and a variety of other things, and then I saw,
well, this isn't just about having decentralized alternatives. They're taking perverted forms of
this technology and using it to complete, to create complete tyranny. So there's
no coexisting. There's no going and hiding in a cabin in the woods.
When your opponent wants a one world global technocracy where they have control over every
aspect of humanity and control the land, the air, and the sea.
That doesn't coexist with you know, hiding out somewhere. So I realized we
actually have to confront this head on. So you know, I've been using
and my book goes into specific details on you know, which cryptos to consider,
wallets and with gold and silver and all right, welcome back. We
have of Aaron Day and he has been a Republican candidate for a president.
I was going to say, you know, if he wants to extend this
campaign, he could have me as his running mate. We could be Dan
Knight. But we are not on opposite ends when it comes to CBDC.
We're both of the same mind. And as I said earlier in the program,
I saw his article on Brownstone and it was actually an exerpt from his
book. So we want to talk to him about that. But as he
was running for a president, he made CBDC the central point of that.
And so thank you for joining us. Aaron Day, appreciate it, thank
you for having me. And we were talking off air, and I wanted
my first question was going to be you said you have suspended your campaign now,
but my first question was going to be what was your take on how
some of the candidates have talked about this issue. Of course, we'd had
DeSantis talk about it, we had Ramaswami talk about it, and we've had
Trump recently talk about it. Tell people your take on this, and tell
people your story about what happened after you suspended your campaign. Well, I
ran for president specifically to bring this issue up. In fact, my goal
in running as a Republican was to try to get into the debates. So
that I could elevate this issue on the national stage. Little did I know
that the debates were going to turn out to be, you know, meless.
People wouldn't watch them, and they were going to be structured in such
a way where you couldn't even talk about issues like CBDC or anything that happened
with COVID. But in the process I did chat with many of the other
candidates, and in fact, I've given copies of my book to several of
the candidates. The most interesting one was with Vibek. He actually read my
book and we discussed it. I gave him a copy of my book in
June, and I actually have interacted with him on a number of different occasions.
And so when he dropped out and endorsed Trump, one of the first
things that happened was he had consulted with Trump on the CBDC position. And
so Trump came out in New Hampshire and Portsmouth actually, which I'm in New
Hampshire, that's where I live. He came out and adopted an anti CBDC
stands. So I was grateful for that, and I hope that in a
way my book and my conversations with by Vek actually helped push that issue and
put a sense of urgency around it, and the other candidates. As you
mentioned, DeSantis has been anti CBDC. RFK Junior has been anti CBDC.
Haley has not spoken about it, although based on her idea of you should
have a you know, need a digital ID in order to access the Internet,
I'm guessing she's going to be on the wrong side. I think she
would say, if you're going to buy something, I want to know your
name, because he wants to know your name if you're going to get on
the internet. So, yeah, I thank you. Exactly, Yeah,
exactly. But part of the conclusion of my book is that they're really I
believe there's a greater than fifty percent chance that we're going to have it CBDC
implemented before the twenty twenty four election. And so a big part of what
I'm doing in this book and in doing workshops across the country is trying to
educate people on what they can do outside of voting, which is to exit
the dollar and move into self custody crypto gold and silver and start using it
in a parallel economy. And part of what happened happened is traveling around the
country. You know, I spoke with Senator Ted Cruz, who is the
leading opponent of CBDC in the US Senate. He put a bill out there
to try to stop cbdc's and halt CBDCs, and it failed, and he
said, flat out, there aren't the votes in the United States Senate to
stop cbdc's. It's not amazing the Senate is currently. Isn't that amazing that
they won't vote for it? You know, I saw that Tom Emmer,
who's the House whip, you know, he came out in opposition to CBDC
right about the same time as desantists did, and I thought, well,
that's good, and that's interesting. Where's he coming from? And then I
realized that he's got a lot of ties to cryptocurrency. And of course there
is this, you know, the the pushers of CBDC, like Warren and
Biden, all the rest of them, they want to shut down the competition
from cryptocurrency, obviously, and so I kind of got the sense that Tom
Emmer was talking about CBDC in order to defend the people that he's allied with
in the crypto industry. Before whatever's motivations were. I thought it was good
that it was happening, But isn't it Isn't it depressingly strange that nobody in
the Senate will support something that has the ability to turn us into the worst
dystopian novel that anybody has ever imagined, worse than anything people have imagined in
the past. Well, it's strange, and it's really discouraging because one of
the things that Ted said was that he thinks that there's a reasonable shot that
Elizabeth Warren becomes the chair of the Finance Committee in twenty twenty four, depending
upon the outcome of the election. And in fact, Cruz himself is only
ahead by two points in Texas, and so there's been a lot of discussion
about the amount of money Soros is putting into Texas and everything else. So
so Cruise is actually, I believe it or not, on the hot seat
there again after after his challenge from Beido last time around. So yeah,
he said absolutely. So they're really there, really aren't the votes. I
mean there are some. Cynthia Loomis has been one in the Senate who's also
been pro crypto. But I'll tell you what I think is going to happen
is we're going to have a situation that is going to gain bipartisan support for
pushing a CBDC, and that's going to be around terrorism and money laundering.
And you're already starting to see the discussion around that, and that is an
issue. So let's say, now that you know Biden has decided we're going
to begin our military excursions in the Middle East, if there's a terrorist attack
in the United States, I could see us having CBDC implemented in a matter
of a couple of weeks here in the US if there's a terrorist attack,
because they'll say, well, it's about money laundering and terrorism. Crypto's bad,
they'll say, because it's used for terrorism, which isn't true or not
even close to the scale that cash is used. But then but then they'll
say, well, we can't have cash either, because cash can't be traced.
And so this is going to be the typical reason of using a fear
based event to push something that absolutely strips us of our rights questions. How
is Obama going to get billions of dollars to to the Iranians if we can't
send them a plane filled with the cash foreign currencies especially, maybe it'd be
the other foreign currencies of other people that it'll use to pay them off.
But the problem with these CBDCs is the ccs. CBDCs are not like Bitcoin,
where there's a transparent ledger of all of the transactions and a fixed supply.
The kinds of CBDC they're looking at implementing, they're going to have control
over how much they they'll be able to digitally print it, and they'll be
able to excuse me, program the money in ways that we're not going to
be able to see. So in some ways they're going to have even more
capacity to do nefarious things. I agree, based on how structure. Yeah,
we didn't start with that in terms of the features, and listeners of
this program pretty much know about CBDC, but it kind of lay out the
case against this in a nutshell when you would present this to people who didn't
know anything about it, because, as I pointed out in the past,
a lot of times, people didn't know what CBDC was. But if you
described the functions to them, and it's the potential risks of this, the
downside of it, they didn't want to have anything to do with it,
but they didn't know it was CBDC. So what would be the nutshell case
that you would give to somebody who's kind of coming into it cold. Yeah,
I mean basically, Central bag digital currencies or CBDCs are basically a form
of digital money that can be programmed, monitored, and censored by the government.
So basically, you know, the way you'll hear the globalist present it
is it's all about financial inclusion inconvenience, but in reality, they will be
able to see every transaction you'll you spend. They'll be able to even control
how you spend money in the first place. So if you've ever had a
health savings account, a health savings account is basically a debit card that you'll
get from Visa MasterCard and you can only spend it on certain health related items.
Well, imagine that concept except applied to everything you buy. So in
other words, if you're trying to buy something with this digital cash and a
thing you're trying to buy isn't already on an approved government list, you can't
buy it. It's also the gateway to other things like social credit systems and
everything else. So in the future, if your social credit score drops,
if you say something on social media, people don't like if you use too
much CO two. Based on whatever their guidelines are, they can actually restrict
your usage of cash. If in the future the government decides they need to
stimulate the economy, they can actually say, and I've seen this in the
EU and some of the language around how they're looking at their CBDC they can
literally just say, use it or lose it. If you money in your
account in the form of CBDCs, if you don't use it by such and
such a day, we're literally going to remove it from your account. Because
this is the way that we want to stimulate the economy. It is complete
control over human behavior using digital cash that's controlled by the government, and to
me, it is the single biggest threat to human liberty, which is why
I ran for president and it's why I wrote the book. Yes, yeah,
And of course you know, when we look at it, it's by
knowing everything that you're doing, they can, you know, ration things to
you like a food, meat and things like that that they don't want you
to have too much of. It's also it hearkens back the beginning the excerpt
that you had in that article that was up on Brownstone. The excerpt from
your book was. It kind of begins with, you know, life and
these people are living in this smart city, fifteen minute city, something like
that, and unfortunately the husband says something that the political authorities take exception to,
and it reminded me very much of what we always would hear about stalinism.
You know, they control your job and therefore your money, but they
also owned your house, so you didn't know you couldn't work except with their
approval, and they were the ones who were providing you with a home.
So if the political authorities didn't like that, you were homeless and you were
penniless and you were out on the street. But this is far worse than
that because they have so much more visibility as to what you're doing. And
when we talk about the fifteen minute city issue, that's another aspect of the
CBDC. They can you determine where you can spend that money, so maybe
you couldn't spend that money out of outside of your little fifteen minute area or
maybe the larger smart city that they have put you in. You can't go
to another place and have anything to live off of when you go there.
So it's about a kind of control that people have only theorized about in dystopian
science fiction models. But it is that and more. It is really a
horrific thing. Well, and actually, if you look at the UN seventeen
Sustainable Development Goals you can actually get a sense. What I did is just
an exercise, as I said, Okay, well, let's look at all
these seventeen Sustainable Development goals. If you were going to turn that into a
social credit score, what would you measure and what types of incentives and penalties
would you put in place, and how would you tie that into a tracking
system and into CBDC. And when you go through that exercise, what comes
out of the end is something that looks a lot like what already exists in
China today. I think one of the big issues with this, and my
big urgency on this again the reason I've been a serial entrepreneur and a political
activist for a long time. I dropped everything to focus on this because really
two things. One I saw the person who introduced me to bitcoin in twenty
twelve is now spending eight years in federal prison for the act of selling bitcoin.
Another friend of mine who started a company called Library or Odyssey. You
may know it. It's a platform or content. He was targeted by the
SEC and basically put out a business because he was using the blockchain technology and
was using tokens. And so I started to see that not only was the
government is cracking down big time on decentralized cryptocurrency. And I wanted to look
at well, why are they doing this because my friends who are suffering through
this weren't weren't doing legal activities. They were actually very much hardcore liberty activists
that were just engaging in voluntary activity. And then when I studied how far
CBDCs had gotten, then I saw, well, wow, the alarm bells
went off because as of today, there are one point three billion registered CBDC
accounts globally. People are not aware of this. China, Yeah, go
ahead, China has deployed cbdc's uh, they're gradually. They started out with
two hundred and sixty five million accounts. They're rolling it out to the rest
of the country. There are eleven other countries that have already implemented CBDCs.
There are one hundred and thirty countries that are at various stages of either exploration
or piloting CBDCs. And to put this into perspective. Bitcoin's been around for
fifteen years, and there are multiple different types of crypto. There are five
hundred and eighty million people globally using decentralized crypto. There are one point three
billion CBDC accounts, so the growth rate on this is phenomenal. And of
course it's forced, so it's a little bit different than, you know,
whatever voluntary adoption might be. But it's eclipsed crypto. And the more alarming
part, and I actually wrote an article that's on zero Hedge about this,
is the United States has completed three successful CBDC pilots and this does not hit
the mainstream news. And if you ever hear fed Chair Palell talk about CBDC,
he does one of these, well, you know, we don't even
know if we're going to consider it seriously, you know, we're it's it's
still the discussion stage. The reality is they've done three successful pilots. The
first pilot is called Project Hamilton, and it was done as a joint venture
between the MIT Media Lab and the Federal Reserve of Boston. And this is
basically what would replace cash. This is basically what that's the substitute. And
in their pilot that they did from twenty twenty to twenty twenty two. They
got the technology to work and it can handle one point seven million transactions per
second. So to put that in perspective, the current financial system does between
fifteen and one hundred thousand transactions per second. So they've developed a CBDC that
is more than ten times the capacity of the existing financial system. And in
the conclusion, what they said is, well, the technology works, but
we need to figure out the legality and how to market it, which to
me says they're waiting for a crisis to put it to work, but people
aren't aware of that. Now this gets even worse because this MIT Multimedia Lab.
The chair of the MIT Multi Media Lab is it was a guy named
by the name of joy Eto, who famously received funding from Jeffrey Epstein and
visited Epstein's island a couple of times. And the article that I wrote about
this goes into some I've uncovered some things that were really astonishing, and not
to go into too much. I don't know how much technical detail your audience
is used to on crypto or getting into any specifics. Yeah, go into
the specifics and go into the details. They can handle it. So I'll
say this, so you know, I've got involved in bitcoin in twenty twelve
and I've been using it. In fact, in New Hampshire there are stores
and restaurants where you can actually use or could use. Up until about twenty
seventeen, you could actually use bitcoin to buy and sell things in the state.
In Hampshire. Something happened in twenty seventeen where there was a big split
in the bitcoin world, and the white paper for Bitcoin says in the first
sense that it's supposed to be used for peer to peer digital cash. It's
supposed to be used for people as a means of exchange, means of Basically,
it's a currency, and all of a sudden in twenty seventeen, the
narrative shifted from bitcoin being about digital cash to it being about digital gold.
Now it's something that you hold to preserve your value. It's something like gold.
You don't use gold typically today for day to day transactions, but you
use it to preserve your wealth. As the dollar keeps on losing its value,
as we keep on printing more money. Well, it turns out that
the developer, one of the main developers who is involved in making this technical
change switching bitcoin from cash to gold. Was also one of the authors of
the white paper for Project Hamilton the CBDC, and the funding came from this
joy Eto guy from MIT Multimedia ab And I found that I found an article,
the only article about this, where Epstein was interviewed, where he talked
in twenty seventeen while all this was happening, about how he liked bitcoin but
didn't think it was a currency but instead thought it was a store of value
or digital gold. So we have a situation here where this MIT Multimedia Lab
with funding ties to Epstein and Gates, because Gates was actually funneling money into
the MIT Multi Media Lab through Epstein. So it's like it's real incestuous was
involved in both developing the CBDC pilot and I would argue hobbling bitcoin at the
same time, and there's one common developer that was involved in both of those
tasks. Wow, So there's that. There was another CBDC pilot called Project
Seater, which is a wholesale CBDC pilot, So it's basically banks communicating with
one another for larger volume transactions and doing cross border transactions which are very expensive
and cumbersome. Now how does that fit in with fed now, which is
what fed now is sold as a hostel thing? Is that was that a
priminary to fed now and Project now that actually that was launched after fed now.
So fed now is technically not a CBDC. Fed now is an infrastructure.
It's it's a it's basically a makes real time settlement possible between banks in
the United States, so the focus of it is domestic. This project CEDAR
is about programmable money that is cross border. And then there's an even more
dystopian pilot called Regulated Liability Network. And you know, I find with these
things, if they give it a really boring name, then there's probably some
real nefarious agenda behind it. Because it took me several times to read the
white paper on this thing to fully understand what it is. And the idea
behind Regulated Liability Network is it's a one database basically to track all CBDCs and
non CBDC transactions. It's basically like an Uber database that tracks everything, whether
it's cbdc's from one country to another, or it even contemplates, you know,
Bitcoin, And what is really frightening is the idea of tokenizing everything.
So this is a big movement right now, and you'll see Blackstone talking about
it real world assets and everything else. But basically, we're moving to a
model where people are tokenizing everything, tokenizing stocks. This computer that I have
in the future could be tokenized. Every asset you have could have a digital
token associated with it. And through this regulated liability network, you're going to
be able to have multiple regulatory agencies monitoring, sensoring, and tracking transactions across
different blockchains and CBDCs as well as these digital tokens. So in the future,
not only COULDY shut off your money, but if I go to the
store and I buy a new Apple computer and it is associated with a digital
token, if the government decides my social credit score drops or they don't like
what I say on social media, they can not only shut off my money,
they can shut off access to my computer and my ability to even sell
the computer. So it's like it's the next level dystopian infrastructure that they're putting
in place. Those three pilots, all three of them have one commonality,
which is funding from the MIT Multimedia ab Wow Wow one network to rule them
all essentially, and you know there's also funding from DARPA going to Microsoft or
something I talk about frequently, the Coalition for Content, Providence and Authentication that
is there to quote unquote push against disinformation misinformation. It's there to shut down
free speech. But what that does is that marks anything that you do.
And it's a coalition of hardware and software manufacturers as well as a coalition of
gatekeeper media companies that are allied with the government. And so when we look
at this every aspect of our life, free speech, and any kind of
commercial transactions, they want to centrally control and be able to shut down anything
and everything that we do, our speech, our movement, our financial transactions,
everything. But the CBDC is right at the center of all of this.
And and of course the Biden administration began what was it March ninth or
something, twenty twenty two, where he tells everybody in the federal government to
got four areas that everybody had. All of the bureaucrats under the executive branch,
the deep state, they all had one of four areas that they needed
to report back on back to him in six months. It was how we
going to completely redesign the financial system, How we're going to do the software
to make this thing work? Law enforcement had one of the different branches,
how we're going to enforce this, enforce people to do it, and finally
they were going to market it with environmental issues, because that's one of the
tactics that they use against cryptocurrency, to say that, you know, the
crypto mining is too inefficient. But of course these are people keeping dossiers on
everything and everybody in the world and keeping them at their data centers as well
as constant surveillance and data mining. So that's kind of a sham. But
they're very serious about that, and as soon as they did that, they
started rolling out fed Now but you believe that this is something that may happen
even before the election. I think it happened before it could happen before the
election. This is why I'm so passionate about this and trying to get the
message out. But yeah, Biden passed Executive Order fourteen and zero sixty seven,
as you just described, which which contemplates both pursuing a CBDC and also
regulating all of the other digital assets, and they've been following through on that.
There are numerous exchanges that have infect Most of the exchanges have gone under
There are numerous tokens and projects that have been targeted by the SEC like my
friend who started library and my other friend who's in jail for selling bitcoins.
So they've actually been cracking down on bitcoin ATMs, your ability to buy and
sell. The IRS just passed a new thing which which says that you know,
you have to fill out paperwork for any crypto transactions in excess of ten
thousand dollars, And of course they did that and then didn't provide the form,
so in other words, there was basically so there's no way to comply,
and so basically you couldn't do. It's essentially a way of saying you
can't do any transactions north of ten thousand dollars without risking criminal penalties and going
to jail. So they have been very successful at hobbling decentralized crypto and adoption.
And again, these pilots are sitting there and the technology is sitting there
waiting to be deployed and fed. Now is a the infrastructure on top of
which they can put a CBDC or I guess technically if they wanted to be
back handed about it, they could actually Congress is required in order to put
through a new currency, but there's nothing that says that the banks can't regulate
how the existing currency is sent back and forth. So you could get effectively
a de facto all of the negative aspects of a CBDC by regulating the way
money is transmitted through the fed now system. So I've thought about that as
a possibility as well. So from my perspective, when I look at again
Biden and what he's decided we're going to take military action in the Middle East,
you can imagine in a situation where if there's a terrorist attack on American
soil, you will get bipartisan support for a CBDC on the basis of stopping
money laundering and terrorism. And as an example for this, the Patriot Act
was passed forty five days after nine to eleven. PARP was passed eighteen days
after Lehman Brothers collapsed, and the two point two trillion dollar Cares Act was
passed fifteen days after COVID was officially declared a pandemic on a voice vote.
Many people are still in Congress have voted for all three of those things.
So the idea that they wouldn't usher in CBDCs in an emergency, I think
I think there's a high probability that they could bring it in an emergency.
And from my conversations with Ted Cruz, Cynthia Leomis, and then some of
the folks in the Warren Davison and others in the House, the votes are
simply not there before the twenty twenty four election to stop something like this,
And again, if it's done in an emergency, it'll probably get bipartisan support.
Wow, that is amazing. And of course an emergency could also include
some kind of a financial emergency. That's what many people have been talking about,
and I'm sure you kind of wore gamed that out as well. Do
you see this possibly happening with some kind of a financial emergency, because they
certainly have created their conditions ripe for a financial emergency, just like they've created
conditions ripe for World War three or a terrorist attack. Well, yeah,
my opinion is that what we're seeing as an actual, intentional, controlled demolition
of the existing financial system, because it's the typical problem reaction solution model.
They create the problem, they try to generate a reaction, which is usually
fear, and then they already have the solution waiting in the winnings so they
already know they want to implement CBDC, They've already developed the technology, and
clearly the world is going in that direction, and so a financial crisis if
you look at it. So the dollar has gone from being backed by gold
to banks being required to hold at least ten percent of customer deposits and reserves.
We have a fractional reserve banking system that was eliminated under COVID, so
banks are no longer required to have ten percent of customer deposits on reserve,
which means that, Okay, if you go into take your money out of
the bank, where is the bank getting the money to be able to satisfy
your withdraw request? While they're getting it from a principle and interest on what
commercial real estate which is failing, residential real estate which is struggling, consumer
debt, student loans which were just restarted recently, and forty six percent folks
said I'm not going to repay my student loans right out of the bad.
So the bank is already in a situation where they have no reserves and basically
their source of liquidity is drying up. So I think our banking system is
an incredibly weak position and this at a time when you Russia announced today one
of their strategic plans for twenty to twenty four is to get off the dollar
as soon as possible. The bricks are moving aggressively to get off the dollars.
So you basically have pressure on the dollar, on fiat currency, and
on the banks for multiple directions in a way that we haven't seen in modern
history. So I think that collapse is the baseline scenario, and the best
thing that we can do is actually to get out of the dollar and start
using self custody crypto gold and silver in a parallel economy to protect ourselves or
otherwise we're going to get forced into CBDC. That's how we get forced into
CBDC. All of a sudden, one day it's oh, your fiat currency
is now CBDC. I mean that's to be a bank holiday and that's it.
Yes, And we have one of our major sponsors is Wisewolf Gold and
Silver. You set up David Knight dot gold and whenever I talk about it,
Aaron I say, you know, I don't look at gold as really.
You know, they can manipulate the price of gold, they can manipulate
the value of the dollar, and so these things are constantly fluctuating and fluctuating
for their advantage. And you try to time this, you're going to get
burned. I said, no, I look at it as a necessity because
of CBDC, and I look at it and you're talking about, you know,
crypto gold and silver. It really is necessary. You talked about the
fragility of the banking system. Commercial real estate that you pointed out that is
heavily, heavily impacting the small and medium sized banks. And they're already shaky
because of the rapid escalation of interest rates that left them trapped with T bills
and things like that, as we saw several bank failures. So the entire
banking industry, except for the really big guys that are going to be too
big to fail, they're going to be partnering with the Federal Reserve and they
will make sure that they that Jamie Diamond and these people continue and there so,
but the rest of the banking industry is incredibly fragile at this point because
of this volatility and the interest rates that caught them out, and because of
the commercial real estate stuff that again hearkens back to COVID let's talk a little
bit about Nigeria, because of all the countries that tried this stuff, Nigeria
was one where they did an early experiment. People didn't like it. What
can we learn from that experiment and what did they learn learn from that experiment,
because I'm sure that they have fine tuned the way that they'll impose it
on us after what they saw with Nigeria. So what are your comments about
Nigeria. Well, Nigeria's an interesting case and I actually talked to several people
on a Twitter space from Nigeria about this as it was going on. One
of the things that you'll find, and one of the things I talk about
in the book, is that there really is a push here towards one world
global government, and there are specific organizations involved in pushing this, specifically things
like CBDCs, and those organizations include the WEF, the UN, the International
Monetary Fund, and the World Bank. And in the case of Nigeria,
Nigeria is one of these examples where nobody in the country wanted a CBDC,
nobody was asking for a CBDC. The CBDC was pushed on them by the
World Bank and the IMF with strings as those organizations often do as they go
in and help destroy property rights and destroy country for purpose of enforcing their own
standards and their own will. So Nigeria was not set up from a technological
perspective to have CBDCs, So just from a basic perspective, so it's not
it doesn't really apply as much here because obviously most people here are using online
banking or have cell phones or whatever. I mean, we're already from a
technical standpoint able to handle the actual adoption of it. But in Nigeria,
they literally didn't have the technical infrastructure, and so people were going to ATMs
and all of a sudden we couldn't pull out cash, and you had fires
and rioting and everything else. And so it really I think in that particular
instance, came down to this was a country where they weren't technology technologically enabled
for it, and they handled the marketing and the rollout of it in a
horrible way. And if I recall correctly, I think they're head of their
central bank is in prison right now. Because there are also claims of corruption
involving a whole variety of different issues, and so so I don't know that
we can take much from the Nigerian experiment and apply it here. And because
there are one point three billion people on the planet that now have CBDC accounts,
a lot of the arguments are a lot of the complacency as well.
Yeah, maybe they've done it in some of these smaller countries, but they
can't do it here. Well, no, if they can do it in
China, then from a technological perspective, they can do it here. And
again the tech, the tech already exists. So if people were willing to
take vaccines for a donut or a medium or French fries, then then they'll
use the carrot. They'll use the carrot and the stick or the stick.
It depends on the situation. So either we're going to have some fear based
event and it'll be pushed in to keep everybody safe, or they'll try to
make it one of these things where I'll get one point three digital dollars for
every one dollar you have in your bank account. And most people, if
they're unaware of what's going on behind the scenes, actually take it because it
seems like a good deal at the time, and all of their marketing is
about convenience and financial inclusion. These are their buzzwords. I'm going to do
another article that talks about the double speak and just provides a guidebook to what
these terms mean when these people are pushing this out, because the biggest one
you're going to hear we heard it at Dabbos again a couple of weeks ago.
You hear it at the UN It's financial inclusion. This is all about
financial inclusion. That's how they try to market it, and it couldn't be
anything further from the truth. Yeah, they want to exclude you from everything
because you're not going to be a stakeholder. They're going to be the people
that have all the stakes that they're holding all the stakes on us. Yeah,
that's the type of thing that Gates worked with India on with the Adhar
system, and he came in saying, you know what, these people are
just not included in society. They need to have an ID. It's like,
oh, I didn't realize that was what was missing from my life.
So government ID and so they incentivized it with the poor people, saying if
you take the number of the government, the number of the beast, you're
going to get. You can get some welfare, you can get healthcare,
and that type of thing. And we've seen this Aaron with world Coin,
you know, Sam Altman is out there saying, well, you know,
you let us scan your eyeball or whatever, we'll give you some free world
coin, you know. And so I think there'll be a stage. And
when I look at Nigeria, maybe they tried to roll it out slowly,
kind of incentivize that. They go, well, maybe we've got some poor
people here, we can offer them something, and you know it, do
it that way, but people didn't really want it. So then the when
the bribery doesn't work, they come out with the bands and the blunt instruments
and start beating you, you know, into coercion. And and that's I
think really where the emergency scenario that you talked about. I think people are
going to rapidly catch on to what this is about unless there is an emergency.
And as you point it out, when there's an emergency, everybody's brain
just shuts off because of the fear, and they're grasping for anything, no
matter how obviously dangerous and and risky it is. They will little grab for
that, you know, because this is not even something is going to directly
affect their health like a vaccine. This is something that is a danger to
their freedom, a danger to them politically and legally in the future. And
so of course they're not going to have as much resistance to it. I
don't think as they did taking the shot when they were told it was an
ergency. And it works every time. Fear work every time they and they
know it works. And I will tell you one of the things that's interesting
is I traveled to twenty states last year meeting with various groups of people,
and I will say eighty percent at least had never heard of CBDCs. That's
right. So this is not a phrase or a concept or a topic that
has hit the mainstream at all. But I'll tell you something even more alarming,
and it's really changed my strategy with this. I originally thought early,
well, you know, maybe it'll be the younger generation that will adopt this
because they're more used to technology. But I've actually I'm focusing more of my
attention on boomers and Gen X for a variety of reasons. One that they
have all of the wealth. I mean, I think boomers have fifty three
percent of the of the wealth in this country. But they also have some
kind of remembrance of privacy or concept of privacy and individual rights. What I'm
seeing with gen Z and even millennials to a certain degree is a complete disconnect.
There's a I think Cato had a report out that said something like thirty
five percent of gen Z would be okay with the federal government installing security cameras
and people's homes to monitor for domestic violence. Yeah, and a Big Brother
and so the idea of privacy. So they're going to be more inclined to
be like, yeah, well whatever, this is more convenient, it's digital.
Why wouldn't we we use this? So I'm actually focusing my effort more
on boomers and Gen X at this point, not that you know, eventually
we need to get everyone, but the barrier is even harder for the younger
generations because they don't have an expectation of privacy and they don't value they don't
value it as much. So think about it, you know, and I've
mentioned it many times. I thought it was very interesting how they and I
don't believe it was a coincidence. I believe they started all the Big Brother
stuff, the reality TV, and it was put out there when these generations
are very young, and a lot of them consumed that. And then oh,
by the way, now we got social media, you can do that.
You can be a Big Brother celebrity too. You might get a lot
of followers. And so it really kind of helped to break down those barriers,
and people became kind of exhibitionists about their private life, and they weren't
careful about what they were putting out there publicly, and so they don't really
care about privacy. They would much rather be known by everybody that's out there.
They don't get the big picture. You know, when DeSantis talked about
it, he had about a twenty or thirty minute press conference and he had
the sign up that said Big Brother Digital Money, and I was absolutely blown
away that. After he gives us presentation talking about what we've been talking about
on all the downsides of how it could be used and abused against people,
the first question was, yeah, but what about President Trump and Alvin Bragg
in Manhattan? You know what's going on with that trial, And it's like
total non sequitor about that. And so everybody is caught up in the in
the in the theatrics of politics and everything, and you know, nobody there
the press was really interested. Maybe they were, and maybe that was a
millennial who was asking the questions like Big Brother, Who cares? I love
Big Brother? That's one of my favorite TV shows. You know, It's
like there's this total disconnect from reality, total disconnect to all these existential issues
that are popping up very quickly. And even if they had debates, as
you pointed out, the debates, that the same questions are being asked that
were asked thirty forty years ago and they're not really relevant today, but they
control everything, and then they at this time around, they've even shut down
the debates are going to shut down essentially the presidential primaries. Talk a little
bit about you said that Ramaswami read your book and pass it on to Trump.
Now, you know, when I saw Trump make the announcement, he
just mentioned central bank digital currency and our reaction to it. And one of
the listeners said, so, I guess he got a hold of some of
those analytics out there that said that some people are aware of this and he
needs to talk about it. But maybe it was Ramaswami whispering into his ear.
But I don't really, you know, I don't trust the fact that
he's going to do anything about it, because it was in his administration that
Steve Manuchain Treasury Secretary, and Jared Kushner were talking about CBDC and what they
could do to afford it. So I think this is a bipartisan thing.
As you've pointed out, not very many people in Congress have any concern about
this, even if they know what it is. And this might be something
that they may talk about, but you know, can we really trust any
of these guys do anything about it? And as you point out, they
could very easily roll this stuff in before we even have an election. Yeah.
So Rumswami did bring it up to Trump, and in fact, Trump
gave him credit for it. Trump explicitly gave gave Via a credit for pushing
him on the CBDC issue. Do I believe him? No? I know.
You know, I was arguing with somebody saying, well, didn't repeal
Obamacare. We could go through the building the wall and have back to we're
going to go through all the laundry lists. But am I going to rest
safe and sound thinking that he's not going to do this. One of the
things that I have found that Trump does is he'll make a promise and then
he'll go back on it, but then he'll claim it's because he's really good
at doing deals and this is how you get good deals. And then and
then his followers will just accept that he never gets any accountability because of that.
Somehow he has this, he's been able to use this device of being
you know, the art of the deal. He's been able to craft that
into a kind of a scapegoat for not following through on principle. But more
importantly, and this is one of the areas that you know, by Beck
and I disagreed on a little bit, which is I actually put out a
candidate pledge, and the pledge was, yes, if elected, I will
veto and do everything in my power to stop a CBDC. But there's a
second part to the pledge that says, if they try to implement it before
the twenty twenty four election, I will do my best to promote the idea
to the American citizens directly that they should move into self custody crypto gold and
silver as a way to stop it before the election. And that's the I
actually that was a sticking point with me and Viveik. I was actually trying
to get him to sign that pledge. And this is the bigger point.
So is Trump you know, is he on this issue because of the analytics,
because it's something that it looks like he needs to he needs to actually
say in order to get elected, or is he really going to be willing
to even before the election if they try to put it in use his megaphone
to encourage people to take direct action to stop it. I do not believe
he will do that. I think we sure having that we need to talk
before we run out of time about self custody on some of these things.
And as you point out, you've gotten completely out of cash just real quickly.
Though. It would be interesting. Did you have any disc ushions with
anybody any other candidates besides Ramaswami that we're running and besides Ted Cruz who has
talked about any other politicians that you've talked to and what might be their responses.
Well, I've got a dozen or so state reps in New Hampshire that
have signed my pledge. I've talked to state reps in different you know,
Montana, Texas and a variety of different states at the local level, and
there's a big push now at the state level to try to make gold and
silver legal tender at the state level. So I've been talking to some of
the people involved in that. They're working heavily on that here in Tennessee,
even trying to get a state bank and a state depository and trying to get
the state government to own gold in case there is some kind of a financial
emergency. Yeah, there are, so there are efforts. I've also I
debated. Ironically, I couldn't get into any Republican debates, but I had
multiple debates with various Libertarian presidential candidates. And so the Libertarian presidential candidates,
not surprisingly, are all against CBDCs, and a couple of them, Mike
Timott and Michael Rechtenwald, have actually signed my pledge. So if you actually
look at it right now, rfk Trump the leading candidates in the race.
Everybody but Biden has at least stated their anti CBDC. So that's something.
But again, to me, it's something, but not enough. It's not
enough. I know, it's more interesting that these people would even just turn
their back on it. I mean, a pledge is easy enough to sign,
and when they don't do that, that tells you a great deal about
people like Nikki or whatever. But let's talk about self custody and things that
we can do as individuals, because there really isn't anything that we can do.
I think that there's not much we can do in Washington. It's difficult
to get anything done even at the state level. What can we do as
individuals? What have you done? Well? What I've done? So I
got into crypto on twenty twelve and twenty nineteen, I exited the dollar completely
and moved everything into crypto gold and silver. And in fact, I've been
a political activist for a long time. I'd given up on the political process
as well, so I helped get people elected. I've run for a number
of different offices. I'm like, look, this is done. I'm going
to move into crypto. I'm going to move into this technology and start thinking
about parallel economies and everything else. And then COVID happened and a variety of
other things, and then I saw, well, this isn't just about having
decentralized alternatives. They're taking perverted forms of this technology and using it to complete
to create complete tyranny. So there's no coexisting, there's no going and hiding
in a cabin in the woods. When your opponent wants a one world global
technocracy where they have control over every aspect of humanity and control the land,
the air, and the sea. That doesn't coexist with you know, hiding
out somewhere. So I realized we actually have to confront this head on.
So, you know, I've been using and my book goes into specific details
on you know, which cryptos to consider, wallets and with gold and silver
infect this probably won't probably can't see this, or you can kind of see
this. I'm holding a gold back. I don't know if you've seen these.
This is this is you know, one one thousandth of an ounce of
gold, and I've actually I give these to people if I go to a
restaurant or something, I will typically give these as a tip with some kind
of an explanation so that you know you now have because one of the big
concerns about gold as well, how are you going what are you going to
go to a grocery store and you know, slice off a piece of gold,
and so these gold backs are a way of putting gold into a into
a usable form. I've also used silver, you know, even you know
you can get silver in one tenth of an ounce increments and so you can
use that actually for day to day trade. And again I'm in New Hampshire
where there's a lot of receptivity to these kinds of things. With respect to
crypto, you know, I recommend I'm not selling or promoted by I only
recommend cryptos that are based on the Bitcoin white Paper, that are decentralized,
that don't have a centralized corporate structure, because those cryptos can be easily shut
down by the government and and in some ways aren't even materially different than the
existing system. Something like Ethereum is completely centralized in the way that it operates.
The transactions can be reversed. It doesn't really offer any real true innovation
with respect to and many people have talked about maybe you know, Ethereum might
be the substrate in which they build something real quickly to put out there on
people. Right, I did not realize that the Ethereum transactions could be reversed.
That's interesting, Well, they can be reversed because because now instead of
it being this proof of work model where you have computers competing to solve math
puzzles to see who adds the next block of transactions, these are now more
controlled by whoever has more coins has a greater say in adding the transactions to
the next block. So it's kind of like a normal system where it's it's
controlled by a small, smaller group of elites. It's also very expensive to
use. Yeah, and arguably it could be in illegal security. So what
I'm looking for are specifically, and I want to be clear about this,
I'm not making investment recommendation advice. I'm talking about the use of cryptocurrency as
cash, as a replacement for cash, which is different than as a speculative
investment. So Bitcoin, which I mentioned, went through this thing in twenty
seventeen where there were some technological changes made to it made it unusable really as
cash. There was a period of time in twenty seventeen you had Expedia,
Microsoft, Overstock dot Com. You have major companies and websites taking bitcoin directly
as a payment option. And what happened was because of extra use, the
transaction fees went up to as high as fifty five dollars. So if you're
going to spend fifty five dollars and in some cases ten to fourteen days to
complete a transaction, that made bitcoin unusable as money. Now they had an
option. They had an option, which is they could increase what are called
the size of the block, so basically make it so that every ten minutes
you can handle more transactions, which is what basically the Bitcoin white Paper and
some of the other discussions contemplated. But instead of doing that, they decided
to implement this completely alternative system, and so bitcoin is not recovered from that
peak in twenty seventeen where it was being used directly as a payment option.
They now have this thing called Lightning Network and all of these other things that
are complicated, hard to use, and have a variety of other issues associated
with it. So I've found myself using predominantly bitcoin cash, Bitcoin sv raven
Coin, and light Cooin are the main cryptocurrencies that I've been using as cash,
with bitcoin cash being the one that I've used the most. So bitcoin
cash actually split off from Bitcoin and has so it's essentially the same as the
original Bitcoin model, except with larger transaction capacity. So that's what I've been
using. And what you can do is there are certain stores where you can
use bitcoin cash direct and you can also convert bitcoin cash to a debit card
if you need to and use that to make transactions. And then there are
services like bidpay where you can actually pay in certain cases your mortgage or other
bills directly using crypto through a third party application like bidpay. And so I
outline all of this in my book in terms of how you can actually acquire
these cryptos and actually use them for day to day transactions to pay your bills.
And do you address having an offline wallet and that type of thing,
because that's the other way that they can shut this stuff down, of course,
shutting down the Internet and shutting down these online transactions. And that's one
aspect of this as a boomer who's not gotten involved in this, that I
don't understand, and that is the wallet offline. Is that something that you
use. Is that something you talk about in your book. Well, one
thing I didn't mention it, so it stressed self custody. So one part
about this is that you want to get a wallet, and you don't want
to have it in an exchange like coinbase. You know, that may be
where you need to acquire the crypto, but you want to have it on
your own device, or there are things called hardware wallets or other options where
you can store your keys and basically have in your own possession your cryptocurrency.
I mean, you get this question a lot, Well, what if the
grid goes down? I mean to be honest, if the grid goes down,
then we're going to be, you know, after ninety days in a
state of cannibalism. That's not even a joke. So there's a So there
are other things you can do around that. There are things that you can
do, like creating mesh networks, And there's a whole other, you know,
side to this, which ways of being off grid and creating alternative networks
to maybe keep some of this stuff going. But this is why I recommend
crypto, gold and silver. I'm not rev recommending just crypto or just gold
or just silver. I think to predict that any one crypto or any one
of these things is going to win out at the end of the day would
be would be foolish. It's good to have kind of a balanced approach.
And when I do my workshop, at the end, people will have a
goldback, they'll have silver, and they'll have a self custody crypto wallet with
some crypto in it, just to get them started with the process. But
it's something you have to monitor on an ongoing basis. I mean, I'm
constantly there are more. I saw this Rodney Dangerfield joke. It was I
went to a boxing match and a hockey game broke out, and you know,
and I feel like, you know, I went to a political debate
and in a bitcoin folk war broke out. I mean, there's so much
division and infighting within crypto, and it actually it makes it hard for me.
I'd like to be able to say to somebody by this crypto and here's
the solution. I can't. What I can do is I can educate you
on a variety of options and ways of looking at this and to say you
need to stay up on it, because I'm staying up on it. It's
changed, It changes so rapidly, and it's going to continue to change based
on government crackdowns. There are lawsuits going on within the bitcoin community. There's
one coming up called the Cope of versus Craig White lawsuit, which has huge
implications depending on how that how that goes, that will affect bitcoin and the
derivatives of it. And so there's just a lot to stay on top of
it. But I do encourage people to, you know, as I outline
in the book, get some small amount of crypto and put it in self
costody and start figuring out how it works. There's no substitute for experience and
playing around with it. Well, it's good and your book is the Final
Countdown Crypto, Gold, Silver and the People's Last stand against tyranny by central
bank digital currencies. And in that you not only lay out a fictional scenario
of what it's going to be like so people can understand, so they can
talk to other people about this, but it also you got some practical tips
in there as well. And where there's some comments there Travis that the people
had let me read these comments. Who we've got just a little bit of
time left here. This is This is from Surge the Purge, who has
also has a podcast. Thank you for the tip, Surgery, says David.
I strongly feel this is the wrong mentality with CBDC. I'm twenty four,
I'm gen Z and my parents are gen X and most gen xers I've
talked to think there's nothing to see here. A lot of them think that
they're still in the eighties. If anything, we must educate people in my
age group. We're the ones who are going to have to live with us
in the future. Trump is hope porn. I personally wouldn't even entertain him
in the conversation of stopping CBDC all just talking points. Call me blackpilled,
But this is such a serious issue. I think rather educate on gold and
silver and help people my age understand the severity of the future through CBDC.
Most boomers I've talked to literally told me to my face, they'll be gone
anyway, you know. I hear that all the time eron when I talk
to people about taking away cars, you know, always say taking away your
ability to drive cars, And they said, well, yeah, I think
that's going to happen, but it's not going to happen in my lifetime.
And then I would have people at auto shows who were eighteen years old would
tell me that, and it's like, and you know, we look at
this stuff, and we look at how they're cracking down on this and the
types of narratives that they pushed to us. I think everybody needs to be
concerned about this, and I think the book that you've got there, in
the scenario that you've laid down, I think that's very important. Again,
the final countdown is that available on Amazon. I guess it's available on Amazon,
and it's a kindle form, hardback, paperback, and also audiobook.
But to address the question that you've had, I'm not just focused on boomers.
The book is made to be accessible to everyone. There's a very specific
reason though that if anything, I'm spending a little bit more time. It's
this. It's the banking collapse as it is staged right now. It's a
controlled demolition of the banking system. In order to stop the acceleration. We
actually need to accelerate the banking system collapse, and the way to do that
is the boomers have all of the well. So this is just a simple
math problem of if you're going to try to get people to take money out
of the system and move it into these alternatives, boomers and Gen X simply
have more resources in the bank. It's not a question of yeah, millennials
and Gen Z and you know, I mean, I have thirteen year old
twins and so I certainly I'm not I don't want to leave anybody out,
but we're in a we're so the material is accessible to everyone, but I'm
focused on where we can get the biggest, biggest impact and I've talked to
a lot of boomers that are actually take the opposite of you. They're very
concerned about their kids and their grandchildren, and they're very concerned on the other
end about what's going on. And I know, I'm gen X. So
there's you see these memes where it's like, you know, boomers fighting with
with millennials while gen X kind of just sits there and relaxes and it has
a martini while watching it. And I'm not saying that that's what it's like,
but there is more well, and I'll say this too, we look
at people people who retired. All my life, I've noticed this. The
people who retired have got more time, and they are not as busy with
life as the younger generations are, and so many of them will get involved
very heavily and be very knowledgeable about politics, and as you point out,
a lot of them are concerned. I think the best of them are going
to be concerned about future generations. People who are only concerned about themselves,
they're not going to be a part of the solution in anything. It's only
going to be the people who are looking after who want to not ruin the
future. For future generations for their children, for their grandchildren. Especially,
those are the people who can make the change. As you point out,
they've got most of the financial assets, they've got time that they can get
involved in this instead of playing shuffle board or something, and they can have
a real positive effect for other people. And so I do see that.
I do understand and agree with that. And I think you also sell your
book at your website. Is that correct? Do you want to give that
to people? Well, upset is Day twenty twenty four dot com. That's
my old campaign site. It just links to Amazon, you know, if
you want, if you want to see what I was campaigning about. That's
it's a good place to go, good centralized resource for that. Well,
the very interesting discussion, and we've let it go over a little bit on
time because it was so interesting. But thank you so much for joining us
again, folks. Aaron Day and the book is Final Countdown to CBE Final
Countdown, the Crypto, Gold, Silver and People's Last Stand against Tyranny by
CBDCs. So that is aktually spells it out, so you can find it
there on and on Amazon and of course Aaron Day. You can look by
author A. A. R. O n. Thank you so much,
Eron and good luck to you. I certainly hope you can get the word
out. We need to get that word out. It's one of the reasons
why we talked about the political position on this, and it is important to
know who the people are that are so dead set against our liberty that they
won't even make a worthless campaign pledge because that is cheap. That is cheap
to just say yeah, I agree with you, sure you know, shake
your hand, oh, I absolutely love it, and then go do something
else. But the people who won't even do that, we need to mark
those people. Thank you so much, Aaron, appreciate it. Thank you
for having me. Thank you all right, that's it for the program today.
Guys, thank you so much for joining us. Have a good day.
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