WEBVTT 1 00:00:08.320 --> 00:00:11.679 Welcome to Technology News with your host Patrick Wood. I'm 2 00:00:11.679 --> 00:00:15.439 your co host Logan House. Today, we have multiple articles 3 00:00:15.480 --> 00:00:18.359 over there at Technoxtion News Patrick that we're going to 4 00:00:18.359 --> 00:00:21.440 be covering, and the first one is one that we've 5 00:00:21.440 --> 00:00:24.160 covered before and it's kind of an update. We have 6 00:00:24.199 --> 00:00:28.160 an update on the issue. You people may remember us 7 00:00:28.199 --> 00:00:31.519 covering this article here. Nasdaq and New York Stock Exchange 8 00:00:31.960 --> 00:00:35.880 are tokenizing the one hundred and twenty six trillion dollar 9 00:00:36.000 --> 00:00:39.600 equity market and that was that was a big story 10 00:00:39.960 --> 00:00:42.880 back in March, and I believe you had many pieces 11 00:00:42.880 --> 00:00:46.359 out on Technology dot News about it. Well, now we 12 00:00:46.520 --> 00:00:50.479 have JP, Morgan Goldman and thirty eight others test trading 13 00:00:50.520 --> 00:00:56.280 of tokenized assets across Wall Street using blockchain based representations 14 00:00:56.280 --> 00:01:00.640 of real world assets securities, including equities and bonds, and 15 00:01:00.759 --> 00:01:03.799 operating under the SEC's December twenty twenty five no action 16 00:01:03.920 --> 00:01:08.079 letter that covers russell one thousand stocks in major ETFs. 17 00:01:08.120 --> 00:01:09.920 The Titans of Wall Street put the pedal to the 18 00:01:10.000 --> 00:01:13.519 medal for four hours. The test was a successful proof 19 00:01:13.519 --> 00:01:18.239 of concept and DTCC is planning to move forward toward 20 00:01:18.319 --> 00:01:21.959 a live October twenty twenty six launch. The trading system 21 00:01:22.519 --> 00:01:26.599 will be operational by the end of twenty twenty six. 22 00:01:28.439 --> 00:01:31.239 We said in the first place, back in March that 23 00:01:31.599 --> 00:01:34.239 this would be a case. They said at that point 24 00:01:34.280 --> 00:01:37.000 that the whole thing would be completed by the end 25 00:01:37.000 --> 00:01:40.519 of this year, and that just blew everybody away. 26 00:01:40.840 --> 00:01:42.680 What you know, they never heard. 27 00:01:43.040 --> 00:01:47.040 About this tokenization of everything, and you're going to have 28 00:01:47.120 --> 00:01:50.200 it for in just a few months. Well, here we are, 29 00:01:50.280 --> 00:01:53.799 here we are, and this is going to be a 30 00:01:54.000 --> 00:01:59.200 revolutionary in the stock market for sure. But we have 31 00:01:59.280 --> 00:02:01.840 to remember this is not about payment tokens. What what 32 00:02:01.879 --> 00:02:03.680 the what the federals there wanted to do in the 33 00:02:03.920 --> 00:02:06.079 first place was to create payment tokens. 34 00:02:06.359 --> 00:02:08.360 This is not pay payment tokens at all. 35 00:02:08.840 --> 00:02:14.360 This is the tokens resulting in the tokenization of assets, assets, 36 00:02:14.400 --> 00:02:18.400 not debt, not payment tokens. So this is this is 37 00:02:18.439 --> 00:02:22.080 another class that people are struggling with us, trying to 38 00:02:22.159 --> 00:02:25.599 understand what it means for them. When you know, we 39 00:02:25.719 --> 00:02:28.759 talk about your your house might be tokenized, or your 40 00:02:29.199 --> 00:02:32.120 your fleet of cars might be tokenized. That sort of 41 00:02:32.319 --> 00:02:36.919 stuff is really hard for people to understand what tokenization means. 42 00:02:37.120 --> 00:02:42.400 They can kind of understand the payment tokens because we have, 43 00:02:42.879 --> 00:02:48.400 for instance, PayPal. We have what uh zell, you know, 44 00:02:48.879 --> 00:02:53.400 payments systems like that to transfer money from you to 45 00:02:53.479 --> 00:02:57.400 me or whatever back back and forth very easily. But 46 00:02:58.000 --> 00:03:02.159 this is another level level of tokenization, and this is 47 00:03:02.199 --> 00:03:07.560 where the big societal upheaval will come. I think this 48 00:03:07.639 --> 00:03:11.719 is the beginning of you will own Nothing. I'm just 49 00:03:11.759 --> 00:03:16.000 saying this was I brought this up in my book 50 00:03:17.000 --> 00:03:20.759 The New Economics of Technocracy, by the way, the subtitle 51 00:03:20.879 --> 00:03:21.639 you will own Nothing. 52 00:03:23.520 --> 00:03:24.400 This is a part of it. 53 00:03:24.960 --> 00:03:29.960 And the asset tokenization class is going to be going crazy. 54 00:03:30.960 --> 00:03:33.879 And if you look down at this in this article, 55 00:03:33.960 --> 00:03:40.560 you'll see a chart, and this is the tokenized asset value. 56 00:03:43.000 --> 00:03:51.000 It's current I think like in June or maybe even August. 57 00:03:51.199 --> 00:03:58.560 It's risen four hundred percent since twenty twenty five. And 58 00:03:58.719 --> 00:04:01.919 you might see the when you look at the year 59 00:04:02.000 --> 00:04:05.840 twenty twenty five, you'll see a set of a shelf 60 00:04:05.919 --> 00:04:07.960 there on that chart. I don't know if you could 61 00:04:07.960 --> 00:04:11.840 put a cursor on it just or circle whatever to 62 00:04:11.879 --> 00:04:14.759 display it, but you see the. 63 00:04:14.719 --> 00:04:15.759 Little shelf here. 64 00:04:16.439 --> 00:04:23.279 That was when Trump got inaugurated, and after that then 65 00:04:23.600 --> 00:04:27.680 it just shot up like a rocket ship to where 66 00:04:27.680 --> 00:04:33.000 it is right now. So you see President of Trump 67 00:04:33.839 --> 00:04:37.920 with his push with all the tech bros in Washington 68 00:04:39.040 --> 00:04:43.959 to get this new asset class established. 69 00:04:45.040 --> 00:04:47.480 It's been established, and here we are. 70 00:04:47.879 --> 00:04:52.120 This does not include anything to do with stocks at 71 00:04:52.120 --> 00:04:56.319 this point, or the New York Stock Exchange or the Nasdaq. 72 00:04:57.120 --> 00:05:01.720 This is just other assets that have been tokenized around 73 00:05:01.720 --> 00:05:06.360 the world. So you might imagine from here on where 74 00:05:06.439 --> 00:05:13.319 we'll it go beyond thirty eight billion dollars, well forty 75 00:05:13.480 --> 00:05:19.480 four percent this Nixon next year, maybe from twenty twelve 76 00:05:19.480 --> 00:05:23.040 months from now, it'll probably be another four hundred percent. 77 00:05:24.120 --> 00:05:27.240 And so this is this is coming on the world. 78 00:05:27.439 --> 00:05:29.399 That's all I can say that it's coming on the world. 79 00:05:30.639 --> 00:05:32.519 This is at this point, there's no way we can 80 00:05:32.560 --> 00:05:36.600 stop it because the powers that be, like the JP 81 00:05:36.759 --> 00:05:40.959 Morgans and Black Rocks of the world, they're they're they're 82 00:05:40.959 --> 00:05:43.240 the ones that are driving the whole process the first place. 83 00:05:43.240 --> 00:05:46.800 So you can stop them per se. But I'll tell 84 00:05:46.800 --> 00:05:49.839 you what we're we we see the freight train coming 85 00:05:49.839 --> 00:05:50.240 at us. 86 00:05:50.319 --> 00:05:53.040 As all I can say. Wow. 87 00:05:53.079 --> 00:05:56.800 And this is partly is mainly due to all the 88 00:05:56.800 --> 00:05:59.439 policies by present Trump right and the executive orders that 89 00:05:59.480 --> 00:06:00.800 he's signed. 90 00:06:02.199 --> 00:06:04.360 Promoting the tokenization of assets. 91 00:06:04.920 --> 00:06:07.759 That's exactly right. And not only that, well, yeah, the 92 00:06:07.800 --> 00:06:10.480 executive orders. Now we have the Genius Act. Last year 93 00:06:11.279 --> 00:06:14.600 it was split apart from the UH the Clarity Act, 94 00:06:14.839 --> 00:06:17.800 by the way, that did not pass, and this current 95 00:06:18.319 --> 00:06:21.759 from the last session. They have a narrow window now 96 00:06:21.800 --> 00:06:25.600 to get it passed. When when Congress get it gets 97 00:06:25.600 --> 00:06:30.839 into session, I think it's early September, so they have 98 00:06:30.839 --> 00:06:34.720 a narrow window to get that passed. They might, they 99 00:06:34.839 --> 00:06:37.360 might get it, they might not. I think there'd be 100 00:06:37.480 --> 00:06:41.759 other workarounds at that point that they will pursue. But 101 00:06:41.800 --> 00:06:44.839 the Clarity Act would really set this whole thing as stone, 102 00:06:45.279 --> 00:06:50.480 all the asset tokenization nonsense. So yeah, this, this is, 103 00:06:51.720 --> 00:06:56.040 this is this is a big deal and oh boy, 104 00:06:57.319 --> 00:07:00.120 it just makes my head spin. I grew up in 105 00:07:00.160 --> 00:07:02.839 the stock market business, by the way, I was a 106 00:07:02.920 --> 00:07:05.879 young stockbroker when I got out of college for several years. 107 00:07:06.240 --> 00:07:09.319 This is this is an industry I really understand very well. 108 00:07:10.439 --> 00:07:13.040 It hasn't changed much over the years. I have to say, 109 00:07:13.360 --> 00:07:19.680 it's been riskier and has had AI is you know, 110 00:07:20.079 --> 00:07:22.680 been advanced to the point where traders are using it 111 00:07:22.720 --> 00:07:23.839 to trade stocks. 112 00:07:23.879 --> 00:07:24.120 Now. 113 00:07:26.560 --> 00:07:30.480 I think there's something like forty of all trades are 114 00:07:30.519 --> 00:07:34.399 based on AI at this point. That's dangerous in itself. Yeah, 115 00:07:34.480 --> 00:07:38.480 because who has their finger on the button? 116 00:07:39.000 --> 00:07:39.519 Well AI? 117 00:07:41.120 --> 00:07:45.920 If if AI ever decides to, you know, time to sell, 118 00:07:46.000 --> 00:07:49.600 time to sell, all the stock markets is going to 119 00:07:49.600 --> 00:07:51.920 be sold within five minutes. 120 00:07:53.639 --> 00:07:55.800 Even if it's just a glitch, right, even if it 121 00:07:56.120 --> 00:07:59.680 you know, messes up. I imagine if it decided to 122 00:08:00.160 --> 00:08:02.480 That's true, I've been trying to decide to sell every 123 00:08:03.279 --> 00:08:05.000 piece of stock that has control over. 124 00:08:06.560 --> 00:08:10.279 There's there's legislation or not rule, not legislation, but there's 125 00:08:10.399 --> 00:08:16.160 rules being floated at this point that there's there needs 126 00:08:16.160 --> 00:08:21.560 to be a limit where where AI will be disabled 127 00:08:22.160 --> 00:08:26.040 if there's a stock market crash. I don't know how 128 00:08:26.079 --> 00:08:30.040 that would work out, honestly, because the people that are 129 00:08:30.079 --> 00:08:35.159 trading with AI, they've lost their ability to understand the market. 130 00:08:35.840 --> 00:08:37.799 You know, they're not in touch with the market at 131 00:08:37.799 --> 00:08:40.399 all at that point because AI is executing all the 132 00:08:40.440 --> 00:08:42.399 trades and pushing. 133 00:08:42.120 --> 00:08:44.639 Stocks up or down or whatever. It doesn't matter. 134 00:08:45.279 --> 00:08:49.360 But if the people that own the money, their their 135 00:08:49.399 --> 00:08:52.639 own portfolios, they're out of touch with the world. 136 00:08:52.360 --> 00:08:52.919 At this point. 137 00:08:53.000 --> 00:08:56.919 So if if AI is disabled somehow, and oh, we 138 00:08:56.960 --> 00:08:59.000 don't have AI to rely on. What are we going 139 00:08:59.080 --> 00:09:03.080 to do? What are we in a panic? And you'd 140 00:09:03.120 --> 00:09:05.639 be worse off with people than AI at that point. 141 00:09:06.039 --> 00:09:06.320 Yeah. 142 00:09:06.360 --> 00:09:12.559 And also the fear of having AI in control of. 143 00:09:12.480 --> 00:09:15.440 A portfolio to be able to sell the stock. 144 00:09:15.519 --> 00:09:18.320 I mean, imagine if someone was able to get control 145 00:09:18.360 --> 00:09:22.919 of that, say someone inside the company was able to 146 00:09:22.919 --> 00:09:26.399 get control and wanted to bring down a certain stock 147 00:09:26.840 --> 00:09:30.960 so they could come in right, I mean, the possibilities 148 00:09:30.960 --> 00:09:31.799 for that are there. 149 00:09:33.679 --> 00:09:37.159 It is, and AI at this point is so sophisticated 150 00:09:39.399 --> 00:09:43.240 that you don't have to worry about a human keeping up. 151 00:09:43.279 --> 00:09:48.000 At that point, AI can make decisions so fast that 152 00:09:48.080 --> 00:09:51.759 you can't see what's happening. And so if it wants to, 153 00:09:51.840 --> 00:09:56.639 for instance, execute a pumping up operation, yeah, by manipulating 154 00:09:56.879 --> 00:09:59.000 the price of the movement of stock, but you know, 155 00:09:59.120 --> 00:10:02.879 selling this amount of shares here that mount over here, 156 00:10:03.159 --> 00:10:06.279 then buying them back over here. It can do that 157 00:10:06.399 --> 00:10:09.600 kind of operation so fast you never even perceive it. 158 00:10:10.000 --> 00:10:15.600 But the intended outcome might be the price shoots up 159 00:10:16.120 --> 00:10:21.279 or the price drops. How would they trace it at 160 00:10:21.320 --> 00:10:26.679 that point? Well, that probably have forensic tools perhaps to 161 00:10:26.679 --> 00:10:29.440 figure out what happened but that'll be after the fact. 162 00:10:29.600 --> 00:10:32.639 Yeah, yeah, the damage will the damage will already be done, right, 163 00:10:33.440 --> 00:10:34.000 that's right. 164 00:10:34.399 --> 00:10:35.120 Wow. Wow. 165 00:10:35.200 --> 00:10:37.840 So the main piece of this article is to show 166 00:10:37.919 --> 00:10:40.799 that what we were talking about in March is now 167 00:10:41.200 --> 00:10:45.120 been tested and is going to be operational by the 168 00:10:45.200 --> 00:10:46.159 end of twenty twenty six. 169 00:10:47.200 --> 00:10:51.399 That's right, that's exactly right. And their forecast was correct 170 00:10:51.519 --> 00:10:53.039 in the first place, that we're going to do this. 171 00:10:53.080 --> 00:10:56.159 We're going to do this, and it'll be done, it'll 172 00:10:56.159 --> 00:10:58.159 be executed by the end of this year. And here 173 00:10:58.159 --> 00:11:02.600 we are that we're approaching the last quarter. Yeah, and 174 00:11:02.799 --> 00:11:05.759 you know, go figure, they've they've they've been successful. 175 00:11:06.000 --> 00:11:07.320 Well, we're almost up on a break. 176 00:11:08.080 --> 00:11:13.440 And if tokenization of the market doesn't sound crazy, what 177 00:11:13.559 --> 00:11:17.440 about tokenization of water. That's the next article'll cover after 178 00:11:17.480 --> 00:11:21.200 the break. Tokenization of H two to oh is O 179 00:11:21.440 --> 00:11:24.159 two next, So we'll cover that. 180 00:11:24.200 --> 00:11:36.000 Here right after this break in just a moment. Friends, 181 00:11:36.039 --> 00:11:37.080 this is Brandon Howe's. 182 00:11:37.120 --> 00:11:38.919 For more than a year now, I've been teaching through 183 00:11:38.919 --> 00:11:41.559 the Book of Revelation, and the response from you has 184 00:11:41.559 --> 00:11:45.240 been overwhelming. You've asked me again and again, when are 185 00:11:45.240 --> 00:11:47.360 you going to put this study in print? 186 00:11:47.639 --> 00:11:49.360 We want to mark it up. We want to share 187 00:11:49.399 --> 00:11:50.399 it with our families. 188 00:11:51.320 --> 00:11:56.360 Well, it's here my brand new two volume commentary on 189 00:11:56.440 --> 00:11:59.919 the Book of Revelation, verse by verse, chapter by chapter. 190 00:12:00.960 --> 00:12:05.159 This is not a watered down, allegorized replacement theology approach 191 00:12:05.200 --> 00:12:09.080 to Revelation. This is a literal, grammatical, historical study the 192 00:12:09.120 --> 00:12:12.799 way the Lord intended his word to be read. And 193 00:12:12.840 --> 00:12:15.799 I connect the prophecy of Revelation to the headlines you're 194 00:12:15.799 --> 00:12:18.960 watching unfold right now, the rise of global government and 195 00:12:19.039 --> 00:12:21.559 the convergence of end time events the Lord Jesus warned 196 00:12:21.639 --> 00:12:25.000 us about, folks, We are living in serious days and 197 00:12:25.080 --> 00:12:27.600 there has never been a more important time to understand 198 00:12:27.600 --> 00:12:30.519 what God has told us about what is coming. 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Join Worldviewtube 214 00:13:35.279 --> 00:13:38.679 Vault today at worldviewtube dot com slash vault. 215 00:13:47.759 --> 00:13:49.840 All right, welcome back from the break. Let's go on 216 00:13:50.000 --> 00:13:53.919 to this article here. Tokenization of H two to is 217 00:13:53.960 --> 00:13:58.120 O two next. Water is the foundation of life itself. 218 00:13:58.159 --> 00:14:00.879 The UN says we are entering the age of global 219 00:14:00.919 --> 00:14:05.440 water bankruptcy, and therefore we should be subjected to bankruptcy management, 220 00:14:05.480 --> 00:14:09.279 where conservators are appointed by the core to manage the 221 00:14:09.320 --> 00:14:14.000 sale of remaining asset in organization enters stage right sell 222 00:14:14.039 --> 00:14:17.120 the scircity to the world in a price auction. 223 00:14:17.279 --> 00:14:20.279 The whole scheme is indisputably evil. 224 00:14:21.320 --> 00:14:24.480 So the elites are claiming the water supply and plan 225 00:14:24.639 --> 00:14:28.840 to trade it on the stock market. Oh man, Jit Patrick, 226 00:14:29.120 --> 00:14:32.080 I mean, it doesn't get more crazy than that. 227 00:14:33.759 --> 00:14:38.600 I know, let's survey the landscape here since Jenna twenty 228 00:14:38.639 --> 00:14:43.440 one was passed in nineteen ninety two. First we had 229 00:14:44.600 --> 00:14:51.600 global warming. We had the threat of the millennium, they said. 230 00:14:52.000 --> 00:14:55.519 Al Gore said, the seas are going to rise, and 231 00:14:55.039 --> 00:14:58.960 the polar ice caps are going to melt, and we're 232 00:14:58.960 --> 00:15:01.320 all going to be underwater. In twelve years. He said, 233 00:15:02.080 --> 00:15:04.559 the coastal cities will be wiped out. Of course that 234 00:15:05.200 --> 00:15:09.279 his deadline came and went. It didn't happen. But nevertheless 235 00:15:09.360 --> 00:15:13.120 they pursued this whole thing of global warming to tell 236 00:15:13.159 --> 00:15:16.360 the world you're all doomed. You're all doomed, and you 237 00:15:16.399 --> 00:15:19.960 have to you have to do this, whatever this is, 238 00:15:20.200 --> 00:15:22.799 you have to do this to protect yourself, just like 239 00:15:22.919 --> 00:15:27.879 we say, right this, this is the biggest scam I 240 00:15:28.240 --> 00:15:31.799 ever saw in my life. This is how they got 241 00:15:31.840 --> 00:15:35.399 all this nonsense with carbon trading and all that kind 242 00:15:35.440 --> 00:15:37.240 of stuff passed or not. 243 00:15:37.360 --> 00:15:38.480 In practice, they'll say. 244 00:15:39.480 --> 00:15:43.840 And then on top of that, we had the we 245 00:15:43.879 --> 00:15:47.399 had the covid uh debacle. 246 00:15:48.480 --> 00:15:52.360 Where oh, the breathe, the air you breathe is going 247 00:15:52.440 --> 00:15:54.840 to kill you. You have to do this right now 248 00:15:54.960 --> 00:15:57.519 or you're going to all die. Isn't it. Isn't that 249 00:15:57.519 --> 00:15:58.120 what they said? 250 00:15:58.600 --> 00:16:03.240 Basically, yeah, uh they said, well if just obey us, 251 00:16:04.240 --> 00:16:06.840 obey us and do what we say, or you're all 252 00:16:06.879 --> 00:16:10.480 going to die. And everybody marched off with masks on 253 00:16:10.519 --> 00:16:14.159 their face and social distancing, et cetera, et cetera. 254 00:16:14.360 --> 00:16:14.799 Crazy. 255 00:16:15.200 --> 00:16:22.200 We know that this was all false phony. Now, so well, 256 00:16:22.240 --> 00:16:24.360 what are they going to do for an encore? Oh, 257 00:16:25.000 --> 00:16:28.039 let's pick on water. You have to have, we have 258 00:16:28.120 --> 00:16:32.879 to have. The air is important, and the carbon is important. 259 00:16:33.000 --> 00:16:38.840 Let's pick on another element or a molecule the h two. Oh, 260 00:16:39.840 --> 00:16:43.039 you can't live for three three days I think without water, 261 00:16:43.840 --> 00:16:48.039 so uh uh oh, we're all going to die because 262 00:16:48.039 --> 00:16:53.519 of water scarcity. And if you don't do if you 263 00:16:53.559 --> 00:16:56.240 don't do what we say, you're all going to die. 264 00:16:57.720 --> 00:16:58.600 How how. 265 00:17:00.080 --> 00:17:04.839 How stupid do they think we are not to see 266 00:17:04.880 --> 00:17:10.240 through this. It's incredible, incredible to me, but they're still pursuing. 267 00:17:10.319 --> 00:17:13.440 It's not the stuff now, this is all coming from 268 00:17:13.440 --> 00:17:15.759 the United Nations. By the way, I didn't have the 269 00:17:15.880 --> 00:17:19.279 articles posted in here. I think there's the Lincoln here 270 00:17:19.920 --> 00:17:22.720 to some of the stuff that the United Nations had 271 00:17:22.759 --> 00:17:25.920 put out. But the United Nations is pushing this mantrup 272 00:17:26.960 --> 00:17:31.480 that the water supply in the world is essentially as 273 00:17:31.559 --> 00:17:37.319 bankrupt bankrupt. That means you have to you have to 274 00:17:37.440 --> 00:17:41.119 appoint a conservator. That's what bankruptcy means. When you go 275 00:17:41.160 --> 00:17:44.759 to a court. If you were personally going bankrupt, you 276 00:17:44.920 --> 00:17:47.640 go to the court say, your honor, I have all 277 00:17:47.680 --> 00:17:51.200 these debts and I don't have assets to cover it, 278 00:17:51.559 --> 00:17:54.759 and I need I need relief. I need to get 279 00:17:54.960 --> 00:17:59.279 you released from the debts or whatever. Well, if you 280 00:17:59.400 --> 00:18:04.440 have like an operating business or some something that's going ongoing, 281 00:18:05.839 --> 00:18:11.920 like society, the judge will appoint a conservator. There as 282 00:18:11.960 --> 00:18:15.759 people that do that that the bankruptcy court have people 283 00:18:15.880 --> 00:18:20.960 like that. Usually they're like a CPA, but not necessarily, 284 00:18:21.119 --> 00:18:25.880 but as a person is appointed to take charge of 285 00:18:26.200 --> 00:18:30.240 all your assets, basically put you out on the street 286 00:18:30.839 --> 00:18:35.640 and then negotiate the sale of all those assets until 287 00:18:35.680 --> 00:18:42.799 you're you know, pull out on your back. Bankruptcy. Okay, 288 00:18:43.359 --> 00:18:45.599 this is what there is a proposing at this point 289 00:18:46.880 --> 00:18:49.599 that the world is bankrupt as far as water is concerned. 290 00:18:50.720 --> 00:18:52.839 We're going to so we're going to take action now. 291 00:18:52.960 --> 00:18:55.680 We're going to take action now, and we're going to 292 00:18:55.720 --> 00:19:00.400 save the world from dying of thirst. Let me tell 293 00:19:00.440 --> 00:19:04.799 you how thin this is logan I had. I just 294 00:19:04.920 --> 00:19:08.759 looked this up on I can't maybe claud or whatever 295 00:19:08.839 --> 00:19:16.359 some AI engine how much water has been uh escaped 296 00:19:16.440 --> 00:19:22.039 into outer space because that might that's a possibility. Or 297 00:19:23.359 --> 00:19:25.559 has there been a static amount of water in the 298 00:19:25.599 --> 00:19:30.079 world since the world has created? Essentially there's been no 299 00:19:30.559 --> 00:19:34.759 exchange at all between other assets other than the water. 300 00:19:34.960 --> 00:19:37.480 There's the same amount of water today in the world 301 00:19:37.559 --> 00:19:41.880 that there was there was yesterday, five hundred years ago, 302 00:19:42.319 --> 00:19:44.400 one thousand years ago, five thousand years ago. 303 00:19:44.440 --> 00:19:45.039 It doesn't matter. 304 00:19:45.960 --> 00:19:49.519 The same amount of water today is here in the world, 305 00:19:49.759 --> 00:19:56.400 present and accounted for. And yeah we have droughts, Yeah, 306 00:19:56.440 --> 00:20:00.640 we have dislocations where water drives is up in one 307 00:20:00.759 --> 00:20:04.000 area and then it goes to another area perhaps, But 308 00:20:04.079 --> 00:20:09.920 there's no disappearance of water from the planet. So what 309 00:20:09.960 --> 00:20:12.960 does this mean This whole thing is just a sham. 310 00:20:13.039 --> 00:20:13.720 Yeah. Yeah. 311 00:20:13.759 --> 00:20:17.119 The only thing that's really using more water than usual 312 00:20:17.359 --> 00:20:20.240 or the data centers, right, which a lot of those 313 00:20:20.279 --> 00:20:22.720 are recycled water, right, and they're using the same water 314 00:20:22.759 --> 00:20:23.599 over and over again. 315 00:20:24.319 --> 00:20:26.920 Well they might be, but at the point is there's 316 00:20:27.079 --> 00:20:31.240 no disappearance of water. It doesn't doesn't disappear into the 317 00:20:31.279 --> 00:20:35.000 thinner air, thin air. Yeah, it's still there even if 318 00:20:35.680 --> 00:20:39.160 even if it's dirty. But hey, water gets dirty, and 319 00:20:39.200 --> 00:20:41.960 that you know, it's dirty in the ocean too, with 320 00:20:42.039 --> 00:20:46.759 all the salt and other stuff that you wouldn't be 321 00:20:46.920 --> 00:20:51.519 wanting to drink. But the same water is still on 322 00:20:51.920 --> 00:20:55.839 planet Earth. And but they're saying, oh, we were bankrupt 323 00:20:55.920 --> 00:21:00.319 for water. That's just totally absurd. 324 00:21:00.680 --> 00:21:04.839 Yeah, so what how are they proposing that this is 325 00:21:04.920 --> 00:21:10.680 gonna Well, they're saying tokenizing it, tradable water, tiered pricing. 326 00:21:11.599 --> 00:21:14.039 I put their article in hearing to get some bullet points. 327 00:21:14.039 --> 00:21:16.880 Tiered pricing, pay more when you use more. I mean, 328 00:21:16.880 --> 00:21:19.880 that's that's already kind of what happens, right, I mean, 329 00:21:19.880 --> 00:21:22.160 if you use more water in your energy bill, you 330 00:21:22.200 --> 00:21:23.400 get a higher energy bill. 331 00:21:24.119 --> 00:21:30.039 So, yes, this is exactly the idea here. 332 00:21:30.519 --> 00:21:36.039 When you make some something scarce, everybody wants it all 333 00:21:36.039 --> 00:21:38.839 of a sudden, and you're going. 334 00:21:38.799 --> 00:21:39.640 To pay more for it. 335 00:21:41.119 --> 00:21:43.759 How how how free is water in the first place, Well, 336 00:21:44.160 --> 00:21:49.160 we pay for our water treatment systems. For instance, in 337 00:21:49.160 --> 00:21:52.200 my town, you have one to see it. Well, but 338 00:21:52.240 --> 00:21:54.000 if you lived in the country and had a well, 339 00:21:54.119 --> 00:21:58.359 and you had the electricity to pump the well or 340 00:21:58.359 --> 00:22:03.200 maybe a hand pump. Your water is free, absolutely free. 341 00:22:03.319 --> 00:22:05.920 At that point you pay for the service to get 342 00:22:05.960 --> 00:22:09.000 to get it to you, but otherwise it's free. It's 343 00:22:09.039 --> 00:22:11.799 a free asset, like air is a free asset to 344 00:22:12.160 --> 00:22:13.640 people as well. 345 00:22:13.720 --> 00:22:18.039 So what what have they done over time? The people, 346 00:22:18.319 --> 00:22:21.039 the elite rich. 347 00:22:23.119 --> 00:22:26.759 They take carbon dioxide out of the atmosphere. 348 00:22:26.200 --> 00:22:30.599 And pump it into the ground. What's all that? What's 349 00:22:30.640 --> 00:22:31.079 that about? 350 00:22:31.160 --> 00:22:37.279 Well, yeah, we're talking major pipelines that have been created 351 00:22:37.519 --> 00:22:42.880 to pump quantities of CO two CO two and put 352 00:22:42.920 --> 00:22:46.000 it into the ground. Well, we'll never see it again. 353 00:22:46.400 --> 00:22:49.359 And they say this is good for the world. We 354 00:22:49.440 --> 00:22:50.880 have to get rid of all the. 355 00:22:50.799 --> 00:22:51.759 CO two in the world. 356 00:22:52.200 --> 00:22:55.319 What we need CO two for peace sake, for green 357 00:22:55.400 --> 00:23:00.799 plants to grow. That turned around to give us oxygen 358 00:23:02.160 --> 00:23:06.440 is what are they thinking? Well, these are these are 359 00:23:06.440 --> 00:23:09.480 the people that are executing this plan to token ize 360 00:23:09.519 --> 00:23:13.799 water at this point, same same plan make us scarce, 361 00:23:14.240 --> 00:23:16.880 charge people for it and it didn't have they didn't 362 00:23:16.920 --> 00:23:20.359 have to charge it for it, but they're they're they're making. 363 00:23:20.039 --> 00:23:21.119 It an asset. 364 00:23:21.200 --> 00:23:24.519 Class Now you'll be paying more for your water because 365 00:23:24.559 --> 00:23:27.240 you need it for your life to continue. If you 366 00:23:27.240 --> 00:23:29.559 don't have water for three three days, you're dubbed. 367 00:23:30.920 --> 00:23:32.279 Wow. Wow. 368 00:23:33.920 --> 00:23:35.680 So anyway, this is this is a big this is 369 00:23:35.680 --> 00:23:37.519 a big story. I had to put it up. And 370 00:23:38.359 --> 00:23:39.279 so anyway, and. 371 00:23:39.240 --> 00:23:40.279 There's a lot there. 372 00:23:40.880 --> 00:23:43.279 I went went to the JP Morgan or that no, 373 00:23:43.400 --> 00:23:48.839 the Golden sacked Repoard and there's a lot there, right, 374 00:23:48.920 --> 00:23:53.640 I mean, mm hmm, a lot of charges. 375 00:23:54.880 --> 00:23:58.079 They thought they thought this through. Uh huh, they really 376 00:23:58.119 --> 00:23:58.559 thought it. 377 00:23:58.559 --> 00:24:03.720 Through, just like the global the global warming scam, just 378 00:24:03.880 --> 00:24:10.240 like the the COVID scam. Now we have the water scam. 379 00:24:10.480 --> 00:24:13.279 Water scam, that's right. 380 00:24:13.599 --> 00:24:17.119 Yeah, When will we ever learn logan? I don't know. 381 00:24:17.519 --> 00:24:21.799 Humanity is very slow to learn a lesson. 382 00:24:22.160 --> 00:24:25.400 Yeah yeah, yeah, well let's go. We have two minutes left. 383 00:24:25.839 --> 00:24:29.759 The world reacts to Sam Altman's vision of the future. 384 00:24:31.079 --> 00:24:33.599 I think this is your your note here. Unfortunately, I 385 00:24:33.640 --> 00:24:35.799 think Altman is right when he says AI will have 386 00:24:36.440 --> 00:24:39.759 perfect context for your whole life and that it will 387 00:24:40.039 --> 00:24:43.799 occur sometime in the next six months. This is reminiscent 388 00:24:43.880 --> 00:24:46.519 of the Black Mirror episode NOS dive. We're based on 389 00:24:46.559 --> 00:24:50.640 total transparency of activities, a social credit system took over 390 00:24:50.680 --> 00:24:52.440 society fantasy. 391 00:24:52.480 --> 00:24:54.079 Aside for this and other reasons, I. 392 00:24:54.079 --> 00:24:57.160 Have moved my AI multiplier to three point three from 393 00:24:57.240 --> 00:25:01.519 three point five, which forecasts the speed of doubling capacity. 394 00:25:01.599 --> 00:25:03.920 The multiplayer is currently at forty eight and the baseline 395 00:25:03.960 --> 00:25:07.160 has moved to forty seven point sixty nine before the 396 00:25:07.160 --> 00:25:09.960 new rate kick in. And you have a chart here, 397 00:25:10.000 --> 00:25:13.440 Patrick with projections at the current rate that you have 398 00:25:13.519 --> 00:25:18.359 it set at December thirty first, you have the multiplier 399 00:25:18.440 --> 00:25:21.480 to be at one hundred and twenty two when it 400 00:25:21.599 --> 00:25:24.720 is currently as we're on air, forty eight point twenty 401 00:25:24.720 --> 00:25:30.960