Ladies and gentlemen,
welcome to the Solari Report.
I’m joined today by somebody I’ve been
listening to for a long time, Simon Dixon.
I will tell you, Simon and I have
two things very much in common.
We both left investment banking
disgusted by the corruption,
and we were seeking freedom.
And our pathways have been different,
but I think Simon, you and I
are looking for the same thing.
How do you navigate an unbelievably
corrupt financial system?
And I really appreciate everything
you’ve done to bring light to that and
everything you’re doing to try and help
people be free under the circumstances.
So many things to talk about.
Some of your background, after you
left investment banking in 2006,
you created Back to the Future.
That was the title of
your book on Bitcoin or,
yeah, so I, I wrote a book on Bank,
bank to the future, and I created a, we
tried to create a non fractional reserve
bank called Bank to the Future as well,
Uhhuh, but now Bank to the Future.
If you go to the bank, to the Future
website, it’s a FinTech firm, correct?
Yeah, we’re actually just managed assets.
So we invested in all the major
companies in Bitcoin and we’re
not open to new customers.
Were investing in the
industry when, before Silicon
Valley and everyone came in,
but you have extraordinary experience
in investing in Bitcoin companies.
So you’ve invested in exchanges
and a wide of wide variety
of Bitcoin related companies.
So you have a lot of experience as an
asset manager and investor and venture
capitalist in the Bitcoin area, right?
Yeah.
Yeah, invested in about
a hundred companies.
Some of the big names, I won’t tell
you the failures, but some of the
big names are Coinbase, Kraken,
Bitstamp, Bitfinex Circle ripple Labs,
Robin Hood blockchain.com, Exodus.
So some of the biggest names
in, in Bitcoin were in that
portfolio amongst the failures,
right?
He, here’s what’s interesting though.
You’ve learned a lot from failures.
So it started with your dad losing his.
Pension fund in the.com bubble,
which I can’t imagine how
frustrating that must’ve been.
I was very frustrated
during the.com bubble.
And then but you had one custodian
fraud essentially, or one, one fraud in
the Bitcoin space or the crypto space.
Yeah.
And you lived through the
bankruptcy experience, which is
quite an extraordinary experience.
Absolutely.
Yeah.
So my, my journey in finance
began when my father spent
his whole life going from
rags during World War II in Bristol
and then making his first 1 million
pounds throughout his whole life.
And then losing the whole
thing in the stock market.
And he didn’t know what he was doing.
And he asked me, son, who’s got my money?
Where is my money?
And I didn’t know how
to answer that question.
So I spent the 25, the next 25 years on
that journey, answering that question
from my father, which he actually passed
away in 2002 on the day that Celsius,
the Ponzi scheme and fraud that I was
a shareholder in and invested in closed
its door to 650,000 victims after.
And it
was a, wasn’t it a crypto
firm or if it was 2002.
That would’ve been too early.
Two,
two, did I say 2002?
Two 2022,
right?
22 you say?
Three
years ago.
And yeah.
And that was, that took 650,000 victims
some of whom lost their entire lifetime
savings by investing in Celsius,
by a fraudster called Alex Masinsky,
who’s been in serving 12 years now.
But in, in that whole experience,
I learned how corrupt the
chapter 11 system is as well.
It’s
unbelievable.
Is that yeah.
Yeah.
So that was a I
read 4,000 documents.
Every single court documents attended
every single court hearing virtually and
participated in the process on maximizing
the recovery for all those victims.
And that, that took about
two years of my life.
And fortunately, Bitcoin
had treated me very well.
My father lost all his money from fraud.
And then he passed away on the same day.
So I
dealt with my bereavement by losing
myself in a Chapter 11 case and
helping many retirees and pensioners
that thought there would be no
return, some committed suicide, sadly.
Others had to move countries.
But we maximized what we
could from the recovery, right?
Using Bitcoin and law in chapter
11, and many of the nuances from
it and making sure justice was
served and justice was served.
Yeah, you’re lucky though.
I was an investment advisor for 10 years
after leaving investment banking and I
clean, I helped a couple people clean up
for Madoff and it’s just extraordinary to
watch what can happen and what did happen.
Okay let me keep going.
You had one of the first books on,
or the first book on Bitcoin but
now you have a very successful
podcast called Bitcoin Hard Talk.
You’re on a hundred and
seventh episode, am I correct?
Yes.
And I go live every week following the
money this week in Bitcoin, this week,
in McElroy, this week in geopolitics.
And some people don’t
know how technology.
Macroeconomics and geopolitics actually
all connect, so I connect all the
dots and follow the money each week.
Yeah, it’s one thing.
I like to do the same.
Okay, so we’re gonna dive in and I wanna
start with stable coins because stable
coins is something that you know I
watched the Fed work on potentially doing
A-C-B-D-C and then flip the framework
with treasury into stable coins that
could be set up to be programmable money.
Something I’m very concerned
about, but but clearly indicating
that stable coins is gonna help
them accept dollar dominance.
But if you look at their projections,
I know, and you spent a lot of
time looking at stable coins, and I
think you understand it very well.
If you look at their projections,
they’re basically besana saying
he’s, he expects to issue 3
trillion by the end of the decade.
Now, at the current deficit run, you
need 10 trillion by the end of the
decade, not including what you need
to roll over the huge amount that
you’ve got with short majorities.
So 3 trillion is just
a drop in the bucket.
So my question to you is, do you
think that they’re planning on
being able to issue way more than
the 3 trillion they’re talking about?
Yeah.
This relates to Genius Act.
So what I’ll do is I’ll answer
that question and go back to
history of Stable Coins a bit and
then bring it to where it is now.
But Genius Act is the new regulations
under the Trump administration.
There’s a couple of key clauses that
the bank lobby made sure that they got.
The first was that you can take
the reserves at the Fed and you
can use them to back a stable coin.
And so there’s approximately
3.5 trillion at its peak there.
It went down a bit to 2.8 trillion
recently but obviously from the
government shut down, we had this
like treasury account and all that
stuff and craziness on that side.
But the point is there’s about $3 trillion
that in theory, through Genius Act, can
be turned into a stable coin as long
as you have a banking license, right?
And so that is the way of ensuring
that the stable coins and leveraging
up the reserves can happen.
And also if you have a banking
license, you’re able to play yield
directly on your stable coin.
To understand what stable coins are,
it’s worth studying a bit of the history.
So I invested in a company
called Bitfinex and they were
the ones that acquired the
first ever stable coin that they
later changed the name to Tether.
And Bitfinex, essentially it was really
hard to go from one exchange to another.
Because if you put your dollars in
one exchange then to try and get it
back into banking and arbitrage and
go to another exchange you’d probably
get your bank account shut in the
process and you wouldn’t be able to
ob it might take you three weeks to
get through that which is useless.
And so essentially Bitfinex, the exchange
purchased some technology and rebranded
it Tether, I think it was originally
called True USD or something like that.
And they realized that through
this mechanism a lot of the other
exchanges started using Tether as an
alternative to having a bank account.
’cause when you’re running an
exchange, the hardest problem
is the banking relationship.
And other exchanges.
Took the fact that they didn’t
need a bank account and launched,
and one of them was Binance.
And so in 2017, this little arbitrage
stable coin became the backbone
of the banking system for Binance.
And Binance became the largest crypto
exchange in the world now with about
three, almost 300 million users.
And they built the whole thing
’cause they didn’t need to deal with
the banking issue, but that burdened
Bitfinex with the banking issue.
And so we ended up in a scenario
where all the banks then shut down the
banking behind Bitfinex and Tether.
And at one stage tether was
getting governments that would seize
certain certain bank accounts.
And then that meant that the way that
Tether was designed is you issue a coin
and every coin is bought by a dollar,
but you obviously don’t leave billions
of dollars in a bank account because
you, your FDIC risk is through the roof.
So you have to then relend
it to the US government by
buying short term treasuries.
And so they have to be short dated because
if somebody wants to redeem their tether
for those dollars then if they don’t
have those reserves in cash at a bank.
They need to sell the treasuries
and then settle the dollars.
And that was the idea.
But once you went into Tether,
very few people went out.
And so they ended up with billions and
billions of dollars and today and now the
18th largest lender to the US government.
And then it would take the
yield that they would receive.
’cause these sending a digital dollar
is easier, sending an email in kind of
an innocent until proven guilty system.
So they could be freezed, they
could be censored, they could be,
they’re subject to all OFAC rules.
But you could send them.
And then if it you are innocent first,
and then they have to prove you’re guilty
and then freeze them and seize them.
So that was very useful, particularly
in countries that wanted to protect
themself and use a digital dollar,
couldn’t get a bank account.
And so what they would end up
doing as the yield on short-term
treasuries went from the Zer
environment to a higher environment,
a higher interest environment.
Suddenly they were, they became the
most profitable company in the world.
And they weren’t sharing any of the
float with the customer, were they?
So they got the whole float.
Yeah.
So they got the whole yield, and then
they’d take the yield and buy Bitcoin
and invest in bitcoin mining operations.
And so they’d end up building
all these bitcoin mining
operations around the world.
They’d have and then as the
price of Bitcoin went up, they
never needed to sell the Bitcoin.
And it reached the stage
where they were more profitable
than BlackRock and Citibank.
And and they only had a hundred staff.
And so it created this incredible
arbitrage between the dollar and Bitcoin,
where essentially in the end, through
this crazy set of turn of events the
US government was paying Tether to hold
one of the largest Bitcoin positions.
And this kind of realization
of what happened with Tether.
Led to the realization that you can
create these neo FinTech banks, the
government realized that they could
find a new home to roll over debt.
And then other companies realized
that they could try and use similar
arbitrages to end up with Bitcoin on
their balance sheet and companies like
strategy and various other things.
But it all came from that little thing.
Yeah.
And also you, what you’ve got is
you’ve got the Fed that’s trying to,
to coming out of the pandemic’s, trying
to drop its treasury position because
you’ve gotten shorter and shorter.
You’ve got more to roll every year.
And foreign, most foreign investors
are downsizing their treasury position.
So you are very eager to find new markets.
And essentially what you discovered
is that with a stable coin,
you can basically turn treasury
bills into a little currency,
right?
Yeah.
And then you look at the scale.
So the market’s about,
let’s say 300 billion now.
But you talked about the big numbers,
so there’s $10 trillion to roll over.
It is the stable coin industry is
comparable to about the amount of tariff
revenue that had come, that has come in.
So the, these incremental
improvements are not changing.
The model, so what we’re witnessing
on the macro environment right now
is they need to roll over their debt.
And we are seeing this big spike in
terms of Cayman Islands as the largest
lend foreign lender to the US government,
which we know is a tiny economy.
So that’s all the hedge funds
and shenanigans that are
happening in the background.
I always believed that they
basically worked with a hedge fund.
So the hedge funds could take
a could borrow short limb long or
borrow long lunch or they could
work the federal credit arbitrage
and finance their position.
And basically if you look at how
they interacted with them, it was
a no risk position on their part.
Yeah, absolutely.
And so we are witnessing that the,
essentially this is just an ultra
financialized and the government is just
subsidizing all this rampant speculation.
And stable coins is just
another mechanism for doing it.
So the Trump administration, via
his family, launched their own one.
And they started doing Trump
started doing all these covert
deals, which would combine tariff.
With foreign direct investment with
issuing a stable coin with Gulf countries
looking to build like a tax neutral,
kind of stable coin rail between
America, and the Gulf countries.
And then obviously that ties into all the
massive geopolitical shifts because the
Gulf countries historically were there
to prop up the petro dollar, but now
America competes as a energy exporter.
And so where does the Gulf get
all of its sovereign wealth that’s
making all these investments?
It’s largest customer is China.
And so you’ve got Chinese money via Gulf
tax neutral jurisdictions with stable coin
rails, facilitating all of this foreign
direct investment where essentially the
Gulf countries are buying up America.
And then you’ve got these deals that
the Trump administration are doing.
I’ll dive into one.
Basically the Abu Dhabi and UAE
Sovereign Wealth Fund they wanted
to invest in Binance as which we
talked about the largest exchange.
That was essentially taken
bound down by the DOJ.
The founder cz got a four month sentence
but clearly managed to negotiate turning
bin into an asset because one of the
conditions of the settlement after paying.
The $47 million fine was that
the US would become, the US
Depart Government would become the
compliance department for finance.
And so there was this massive
data extraction exercise on
these 285 million accounts.
And then the Abu Dhabi Sovereign
Wealth Fund said we’d like to
invest $2 billion in Binance.
And so after Trump went and did
his tour of the Middle East he came
back and said if you wanna invest in
Binance, do it via my new stable coin
through a company called World Liberty
Financial that the Donald Trump Junior
and Eric Trump have created with Steve
Woff as the main investor, the envoy
to the Middle East that’s negotiating
these deals and said, you put $2 billion
in this account, we’ll buy treasuries
while the rates artificially high.
That gives us $60 million of
passive income every year.
And then we’ll issue $2 billion
of our stable coin SD one, then
Binance will support that stable
coin as one of their stable coins.
CZ will get pardoned.
And and now you’ve, we’ve
facilitated $2 billion a trade
by doing one of these deals.
And so every time you hear about
these foreign direct investment
and these crypto policies you
can just follow the money and
figure out what’s happening here.
But essentially there is capital outflows
the Gulf are buying up all the assets.
Trump is facilitating the reverse
IMF strategy as it were, right?
Where the Gulf countries are buying.
And you’ve got these crypto rails and
stable coins that are being built.
So that, and then at the same
time, there is a big macro policy.
What’s the macro policy at the moment?
It’s fiscal dominance.
It’s spend the economy screw the
economy, everything’s on the stock market,
roll over the debt as much as possible.
Invest as much in these AI
contracts, these military contracts.
Make sure that they circulate around
the stock market to get these
GDP prints, make the GDP print look
great, make the stock market look
great, and then simultaneously.
Basically knock the interest rate
down 300 basis points as the stated
goal to about a quarter of a percent.
So essentially you are inflating away
the debt, you are screwing the economy
for those that own the assets you are in
making that khap economy go like crazy.
And then you’re gonna get the stable
coins and the pension funds in a
deregulated environment with all of
these lower interest rate treasuries.
So you are asking the stable coin
issuers and the American people through
these Cayman Island elaborate right
schemes, deregulation to subsidize
below market debt in an environment
where the gov, the US government and
US treasuries have never been riskier.
That.
’cause the 20 year and 30 year treasuries,
they’re going up they, they require,
they’re fluctuating around this five and
6%, four to 6%, depending on the duration.
But he’s trying to get the short term
treasuries at 0.25%, which essentially
means fiscal dominance stable coin
issuers, dump it in the pension funds.
And just run this crazy experiment
of the rich getting richer and the
poor getting poorer, which is just
leaving to this extreme populism.
And very unstable economy that
we’re seeing witnessing right now.
I don’t know if you ever watched
Tim Dylan, but he’s a comedian who
does a new show and he says, he said
we used this in the annual wrapup.
He said under Trump, America’s become.
And he kinda looks off in
space and he says, an auction.
Unfortunately, that’s what’s there.
Essentially presidents.
Our what narrative do we need to
tell people in order to sell bonds?
They’re all bond salespeople.
I think it was Scott be that
said, my job is I’m a bond dealer.
That is my job and that, that is accurate.
But here’s what’s interesting.
If you I haven’t done a complete survey,
but if you look at certainly state pension
funds, they’ve downsized a lot from the
treasury market to, to buy private equity.
And if you think they would’ve
gotten clocked on their treasury
bonds, where do you see what’s
happening to them on private equity?
It’s worse.
So I’m very familiar with private
equity ’cause that’s where on
Bitcoin private equity was my game.
Exactly.
The challenge with private equity
is the lack of ability to price.
But the way you price it, because at
Bank to the future, we always had to give
we, we have to submit to our regulators
what is the value of the assets that
you are costing for your customers.
And therefore we’d have to make
a price on an illiquid asset.
And the methodology you’d
have to use is mark to market.
But where is the market?
It’s the last funding round, or maybe
someone does a secondary trade,
right?
And so you have these elaborate ways of
trying to figure out what is the value of
these very highly illiquid assets that may
take seven to 10 years to mature, right?
And in the end you find out that the
way most people market is they use.
You engage in a smaller secondary trade
where two investors agree to trade
with each other, that sets the price.
But it could have been via some
covert mechanism that two of your
LPs or sophisticated investors
traded with each other, right?
Just to set the price.
Then you market to market.
And then now, if you’re able to
dump that into a deregulated pension
environment you can essentially have
these valuations that at some stage, you
know with private equity, we had about
a a 25% hit rate, which is one of the
best in the industry, but 75% of those
are gonna be marked to zero at some stage.
And that is a that is a very
inappropriate mechanism for pensions.
But obviously you talk about
it as if it’s, we’re bringing
access to all the big deal flow to
you, but no, it’s exit liquidity.
That’s exactly what it’s gonna be.
Okay.
Back to stable coins.
Here’s the question.
I don’t know, I don’t know
where you were in 1989.
What year, where were you in 1989?
I was nine years old in Bristol.
You’re, you, so you probably
don’t remember when the wall came
down in Berlin, there were great
discussions that it was gonna
take 10 years to unify Germany.
They would have to have negotiations
and treaties and everything else.
And the chancellor just.
Literally in the first, very early
on just said, okay, we offer a
sweet premium to the East Germans
to come in the Deutsche Mark.
And literally the country was unified
overnight through the currency.
Now, if you look at what the US says
it’s gonna do with stable coins, it’s
basically gonna go out and try to
offer stable coins to every citizen of
the planet who can access through the
mobile payment systems through Apple
Pay, Google Pay, whatever can access
stable coins and get them off of their
local currency and onto stable coins.
So you’re basically making a
tender for 8 billion citizens and
saying, get off your currency.
Come on our currency.
Now the question that I don’t understand
the answer to is how many countries
can stop you from moving on to a
US dollar denominated stable coin?
Does China, I’m assuming China
has the hardware to stop this.
Yeah, this is a, an ultra
interesting question because it
does come back into the capital
controls and then it comes into.
A conversation that I think we, we
both have aligned in from studying
your content, that we’re actually
who rule, who rules the world
and who’s making these decisions.
Is America really sovereign?
Is America first?
And I’ve spent a lot of time in trying
to answer that question how can we,
particularly in the uk, how can you
be in, in an environment where there’s
rec mental illness, there’s low birth
rates, there’s drug addiction the
bins aren’t being collected anymore.
There’s clear immigration operations
in order to create racial and
religious tensions, and yet there’s
still $3 billion to defend democracy.
And Senator Zelensky how
do these two things compute?
They don’t until you figure
out who’s actually in charge.
And our governments are
not sovereign, right?
So the ki does not work
for the British people.
Trump does not work for
the American people.
Mac Macon does not work for the French
and Merz doesn’t work for the Germans.
They actually work for their lobbies.
And that pay for them and their
lobbies are corporate interest.
And within corporate interest, you
have what I try to classify as powerful
factions, the most powerful is what I call
the financial industrial complex, right?
That’s the banks, the money
printers that create the dollars
and the euros and the pounds.
There they own the Federal Reserve, right?
You have the private equity industry.
You have the venture capital industry.
You have the investment bank that
financialize and securitize everything.
And then you have the ability to
control all of that access the
passive investment flows, which
is the ETFs and money managers.
And so ultimately on the top of this
power structure is the sovereign
wealth and the money managers,
because everything’s public and every
politician is for sale through lobby.
And so ultimately you have this financial
industrial complex, which can ize
all of what looks like you you think
Tesla is a powerful company run by the
richest man in the world like Elon.
But actually he’s, he is he is allowed to
be the highest net worth person, right?
As long as he gets those Pentagon
budgets and various other budgets
into the right place, and then they
will lend him money against his stock.
In order to keep him in the network
as it were, because they can knock you
off the network by sending the hedge
funds on your share price sending
the derivatives complex on you.
And then you can make they
can give you a margin call.
So through this access to capital
you have this financial industrial
complex that actually is able
to control many of the levers.
So that to say, so I, one of my
nicknames for it is the financial bazooka,
your faith in the financial bazooka.
Yeah.
I use a few words.
Financial weapons are mass
destruction, financial terrorism.
I like financial bazookas.
Yeah.
And these are useful terms in
really describing what is a reality.
And so then you ask what is the goal?
Is the goal really to save the dollar?
When I look at what a company
like BlackRock, state Street, and
Vanguard are doing I see capital
flows that are pricing new financial
products in foreign currencies.
I see policies that are being influenced
in order to weaken the dollar.
And so if you push this stable
coin strategy you have this
tension between strengthening the
dollar and weakening the dollar.
Now, if you weaken the dollar.
You set a series of events reverse.
Breton was two.
Which is if you are a country like Saudi
Arabia, you’ve got vast sovereign wealth,
you’ve got resources, you’ve got trade
surplus you’ve got fiscal surplus.
You’ve got what are you gonna do when
your currency is pegged to the dollar?
If you weaken the dollar, you have
to actually sell treasuries and sell
your gold reserves to protect the peg.
Now you might do that for a little
bit of while, but if you look at Saudi
Arabia they’re actually through
the Gulf countries, they’re the
largest investors in BlackRock.
They have Saudi Aramco, CEO
has a board seat on BlackRock.
And so you’ve seen this partnership
between the Gulf countries and the
financial industrial complex emerge.
And so therefore, at some point the
financial industrial complex can send
monetary policy wherever it wants.
’cause it’s banks of the
shareholders in the Fed, right?
It dominates fiscal policy.
BlackRock, like a lot of the fund managers
use Aladdin as their data sources, which
is BlackRock Technology Treasury uses it.
The Fed uses it.
And so you’ve got all these data
feeds that go out to all of this VAR
network, vast network of capital.
And when I look at what they’re signaling
by following the money they’re signaling
that they’re trying to weaken the dollar.
And they’re trying to push
it into multipolarity.
And what I see right now in this
chaos is a tension between different
factions, because while the financial
industrial complex is the most
powerful, there are other complexes.
There’s the military industrial
complex that was more nationalistic,
that was create wars globally.
In order to get the world addicted to
IMF debt through covert operations.
But it was all about propping up the
dollar, strengthening the dollar.
And then you have the technical
industrial complex, which is all the
data feeds, all the surveillance all
of the back doors into NSA deep state.
And that works its way up to military.
And so you have these power
factions that are often aligned.
I believe right now we have a tension
between strengthening the dollar
through military, industrial, complex
operations, technical, industrial,
complex operations like stable coins.
But ultimately the financial industrial
complex, they want the world to
be, I believe, multipolar, which I
think is a conclusion you came to.
And they wanna partner with
these different blocks.
And so ultimately they will win, which I
mean, which to me translates into a weaker
dollar, breaking the pegs, dismantling
the petro dollar, dismantling the Euro
dollar and dis and supporting the petro
you want so that eventually the Gulf
countries can sit between the brick blocks
through the GCC blocks and be at the
center between America as a regional power
dominating the region, but the dollar
needs to be shrunk to a regional currency.
It’s no longer the global hegemon.
They seem to have concluded that
the one world thing doesn’t work.
And you need these you basically
need America running North and
South America and China and
Russia running the other block.
Yeah.
With the Gulf Sovereign wealth in the
middle with tax neutral and then rails.
And so this is why there’s a push
to essentially figure out what
is the forever war model is coming
to an end in the Middle East.
Now that’s framed as.
Trump is the president of peace, and
no, this is the financial industrial
complex, which has been negotiating to
say the military companies which they’re
all public companies as well, right?
So they have vast the finance
rule rules all in the end.
But they enter into these games in
order to determine the outcome.
And I believe that the money
managers hedge all the outcomes.
They, they hedge they could use the
deep state in order to escalate attention.
But more and more of those covert
operations have been failing
because there’s competing powers.
That means that, okay, more and more
of our operations are failing, right?
And so what we can do is let’s enter
into these games which is things like
the Greater Israel projects, Ukraine and
let’s create as much chaos as possible so
that the finance companies and the Gulf
countries can enter into this negotiation.
And the Gulf countries are saying,
we want regional stability.
We want control of our region.
The financial industrial complex is saying
if I’m gonna stop the military and the
Greater Israel Project and the Forever
War Project, what are you gonna give me?
And so they’re negotiating over
Syria, they’re negotiating over
Lebanon, they’re negotiating over
Palestine, Israel, the entire Lavan.
And they’re deciding who’s gonna get
who, who’s gonna control what flows.
And then now they’re essentially
saying and the whole catalyst
for this in that area of the region
was the rise of China, right?
America becoming an energy exporter
competing with the Gulf countries and then
the Gulf countries getting all of their
revenue from selling energy to China.
And so China came along and said,
Hey, we can de dollarize here.
If bricks align with the Gulf countries
and we play these games and then you
negotiate with America and re the
region and the financial industrial
complex, we can get a military exit.
And so therefore you had all these signals
like Xi Jinping and China came out and
normalized between Iran and Saudi Arabia.
Now we are getting essentially the
full ization of Israel, Lebanon,
Yemen all of these regions.
And the only way you can do that
is to resolve the Palestinian issue
normalize between Iran and Saudi Arabia.
Stop having the military use Israel as
a tool for conflict and destabilization
and allow it to be a normal state.
And in simultaneously the military
the mil, the military exit slowly
in exchange for financial stability.
And so all of these deals
are being negotiated.
Yeah.
So I agree.
All these deals are being negotiated.
I. I’m not sure they want
Israel to be a normal state.
I think what they wanted was they
wanted to basically clear Gaza,
redevelop it, and redevelop it in a
way that Israel could be a very big
part of what I call the control grid.
So a major player in the control
grid, but I think you’re right.
Not a major player in basically
starting wars all over the Middle East.
Yeah.
And that tension in that’s
definitely what they wanted.
It was let’s take all of the
technology that is completely
illegal, we could never do in America.
We do that via Israel.
When these companies need
legitimization, they get acquired
by Google and rolled in.
But all the covert really illegal
stuff that we could never get
congressional approval for.
That’s unconstitutional.
We do that via Israel and then yeah,
we want Israel to stop being funded
for destabilization and instead gain as
much territory as possible if you can
ethnically cleanse the Palestinians.
Then they try to get Egypt
to take the Palestinians.
They said pardon the $18 billion
IMF debt if you take ’em in.
And then it was, and then Jordan
held the Fort Egypt held the fort.
But why did they do that?
Because there was a competing tension,
which is China and bricks backing
the Gulf countries as the most
important customer saying, no, we
want as least power for the financial
industrial complex in the Middle East.
And we want to give you as much
power and we will then reinvest
through the Belt and Road Initiative
in these different tensions.
And so that’s the, Israel essentially
is Greater America project for
the financial industrial complex,
right?
They’re very much part of, so I I
absolutely agree with that framework.
One of the things I do think, there’s
one story I want to tell you, and then
I’ll I’ll talk about China in a second.
Nine 11, literally.
So I’m in the middle of litigating
with the Department of Justice, and
in the process I’m working with about
12 different major Washington law
firms either on my side or their
side and ancillary litigation.
So I’m just dealing with partners
from Big Washington law firms.
I never heard the word Dubai
out of any of their mouths.
And then the day after nine 11, suddenly
they’re all going to Dubai like that.
Yeah.
It was like somebody hit a switch
and literally Dubai was open for
business and every major Washington
law firm was going to Dubai.
It was beyond belief and very much
a structured, planned phenomena.
And to this day when you move the
army to the Middle East, then you
can move a lot of other stuff to
the Middle East is pretty clear.
But Dubai was off and running.
Yeah, absolutely.
I’ve spent a lot of time
studying these operations.
The conclusions that I came to is
there was definitely factions
of CIA Saudi intelligence and
Israeli intelligence involved in
different parts of that operation.
And British intelligence.
British intelligence is always there.
The hardest British
intelligence always there.
Yeah.
I six was all, all over the the
Middle East and Africa and everywhere.
Yeah.
The previous colonies.
And so you, yeah, you had that and
yeah, it’s it’s, I mean you can
just read the actual FBI documents
and see the bits that were.
Whitewashed the massage agents.
I was the first person to write it was,
I published it on SEP September 17th
that the official story was hogwash.
So
amazing.
I have to go back and learn all of
your work and get back to it because
for some reason the algorithms didn’t
put you in front of me, really.
But as soon as I found your work, I was
like how have we not been connected?
But the algorithms didn’t let us meet.
Yeah.
So my nine 11 claim to fame was,
I wrote an article accusing
Condoleezza Rice during her official
testimony on nine 11 of lying.
And I sent it to Rice, the president,
the vice president, it got picked up by
UPI went viral and three days later I
was poisoned and almost didn’t make it.
Wow.
Okay.
And all the anthrax operation
to connect it to Iraq.
I started a group called
Unanswered Questions.
Myself and three other activists
working with Scoop Media in New Zealand.
And we took the position that we
can’t we can’t produce an
evidentiary train, so we can’t.
We can’t figure out what really
happened, but we can ask, citizens
can ask questions, and we ran a
process where citizens all over the
world were sending in and we were
batching and bringing forth their
questions, including to the commission.
And that turned into
Paul Thompson’s timeline.
I don’t know if you’re
familiar with his timeline.
And essentially what it showed
was the official narrative
was complete bunk anyway.
So my interest in nine 11 was there
was money going missing from the
federal government and many of the
offices and buildings involved in that
money going missing were blown up.
And and that happens wherever you have
financial fraud, you tend to find the
buildings with the records blow up.
So
yeah
that was one of the great blowups.
Okay.
Let me go back to stable coins.
What do you think the possibilities
are in terms of what kind of market
shares stable coins can build worldwide?
Do you think besant’s $3 trillion is
a reasonable estimate or low or high?
Again, I think you can so I
think the goal is to turn the
dollar into a regional currency,
which means weakening the dollar.
But if you wanted to get $3 trillion,
then you just launch a stable coin
based upon the Federal Reserves.
Now what level of adoption it will
get, you probably need an operation.
Like how about.
Pay every American $2,000.
And now you’ve done it
you can get everyone to have their $2,000
maybe roll over this is the this is
the the types of gateway drugs where you
download an app download an app, get your
$2,000, it’s gonna destroy you anyway.
’cause it’s just gonna be a
stimulus to the market create
more wealth in quality and just
so just help the wealthy class.
And then if you are smart, you’ll put
it in assets to try and beat inflation.
So that helps the market anyway, right?
The rest will just pay off some
interest on their debt because it
would just give them a little bit
of money to pay their bank interest.
But but you can get them
to opt into the terms and
conditions of the stable coin,
right?
So I think a lot of the control is gonna
come through the terms and conditions.
I absolutely agree.
Yeah.
Yeah.
And you can see where we are creeping up
to, like with the ancillary companies.
You got the PayPal Mafia.
So you’ve got you got Elon Musk
that suddenly has access to Voss
data through Doge pretending they’re
gonna pay down the national debt.
If anyone needs to hear
this the dollar is debt.
You can’t pay down the debt.
The dollar is debt.
There is no such thing.
If you want to pay down the debt,
you’ll trigger the Great Depression
like we’ve never seen before.
And any belief that you’re gonna pay
down the debt without radically taking
on the financial industrial complex,
reforming the whole system and doing
something radically different in terms
of money is the only way you can do that.
And that’s not happening.
And this is a rollover
scheme, not pay off the debt.
And so you’ve got what do we do?
So we have Doge then we have turn
all our cars into data with Tesla.
Then we have
let’s go to the, let’s go to the
financial industrial complex.
Let’s make Jack Dorsey sell
X. I’ll borrow against my
Tesla stock to buy it and then
co-invest with the golf countries.
You’ll start to see that
as a reoccurring theme.
You’ve got people that are meant to
be these entrepreneurs that are the
richest people in the world according to.
But their net worth is dependent
upon their stock price.
And the financial industrial
complex lends money against their
stock price as a control mechanism.
And so that’s how they
get them in compliance.
And then they always co-invest
with the golf country.
So this is a reoccurring theme,
but levered, billionaire
American entrepreneurs that borrow
against their stock in order to
invest with the Gulf countries.
And have to do what they’re told.
Absolutely.
And so you have to give a backdoor to
NSA and then, so you get to buy x now X
becomes the freedom of speech platform.
What does that mean?
So we did that censorship thing.
When we tried to stop people talking
about vaccines and everything’s
reached the point where why
don’t we try something different?
Why don’t we push the world into this
artificial intelligence push all of
these budgets into an AI war with China,
which means it’s a national security
risk if we don’t put billions and
billions and billions and billions into
artificial intelligence and data centers.
But they’re not
trying to win the war.
No.
Yeah.
I don’t think there is a war.
I think China already won the war, and
this is the execution of the world order,
of multipolarity based upon BlackRock’s
tariff policy, not Trump’s tariff policy.
Tariff was a perfect
way of engineering this.
But yeah.
And so you get freedom of
speech, not freedom of reach.
What does that mean?
Is saying we won’t draw attention to
your content, but we’ll let you speak,
say everything you believe in, talk about
Israel, talk about Zionism, talk about
how you hate the Muslims, talk about
Jihad, talk about whatever you want.
Talk about misogyny, talk about
everything that creates massive tensions.
You get your freedom of speech,
which I’m glad for because I’m
gonna utilize it while I can.
But you’re building your
social credit score,
yeah.
And so Elon was that, and then you’ve
got Peter till Palantir all of the
Twitter’s really a honey trap.
Yeah.
It’s really a surveillance
device and a honey trap.
Absolutely.
But Im with you.
I use it.
I use it while it’s still available.
Okay.
You have to lead into
it.
You’ve got no choice.
We’re all in this,
we are all in this, let’s talk
about asset tokens in crypto.
I have tried for years to understand what
the plan is with asset tokens and for
the life of me, I can’t figure it out.
It was one of the reasons
I wanted to talk with you.
I can’t figure it out.
And part of it is usually, I think
they’re making it up as they go.
I don’t think, I think the plans
are fluid, they’re trying things.
But I just finished reading the
Clarity Act for the third time.
So the house has passed an act called
the Clarity Act that if the Genius
Act regulated stable coins or set up a
regulatory framework for stable coins,
the Clarity Act is supposed to create
a regulatory framework for almost
everything else, including asset tokens.
And and it, after passing the
house, it’s gone over to the Senate.
And the Senate came back with a very
different version, including a fair
amount on something called Affinity
Asset, which is regulated by the
SEC. So one of the issues is what
will be regulated by the CFTC and
what will be regulated by the SEC.
So that’s one of the issues.
Now they’re saying they’re gonna
have that passed by Thanksgiving,
which is this Thursday.
Do you have any idea if the Clarity
Act really will pass this year?
It’s gonna pass no matter what.
Whether it passes this Thursday or
not, I’m not too sure if I don’t
get too engaged in the political
process of the timing of the passing.
But this is gonna pass because
this is the financial Industrial
Complexes policy, right?
This isn’t a resistance
against Wall Street.
This is a strategy for
this is for Wall Street.
Yeah.
For Wall Street.
So one of the things that has had me
baffled is if you look at how they
describe the use of asset tokens,
they’re very conceptual and very vague.
So if you listen to Larry Fink,
he’s saying every stock and
bond, all securities will have
a asset token that mirrors it.
And for some reason, this is attractive,
I’m assuming on the theory that putting it
on a blockchain or making it programmable
will somehow make the clearance settlement
management system easy or, but the nuts
and bolts of what they’re gonna do and how
they’re planning on doing is not clear.
It’s not clear from listening to them.
And it’s not clear from
reading the Clarity Act.
Yeah.
So now in Washington, when we
wanted to understand what Bill was
before we’d read it, we’d take the
name, and then we would invert it.
So if it said community making
communities wonderful, it was like, oh,
rape and gentrify and plunder places
and so we would just invert the name.
So when they call it the Clarity
Act you invert the name and
it’s total confusion here.
So do you have any clear picture of
how they want to use asset tokens,
particularly in connection with the
securities and derivative markets?
Yeah, so firstly, it’s important
to understand where this came from.
You have Bitcoin, which is a bearer asset.
There’s no physicality.
It exists as maths and code.
You can own it on your own device,
you can send it, but the, what
you’re sending is the asset.
It’s a bearer asset.
Now what Wall Street and the Financial
Industrial Complex have tried to
do is turn, that bearer asset into
a ed security which is Bitcoin
ETFs companies like strategy.
And so what they wanna do is encourage you
not to own a bearer asset, but own it with
them, and then they give you a security
or a Wall Street wrapper on top of it.
Now with the real world asset, what we
have found throughout this whole industry
we used to call them security tokens.
They later got called Real World Asset.
We had gold back tokens throughout
the entire history of blockchain.
We’ve been doing all sorts of
stuff with what else could you do?
And in the end, you go round this absolute
merry-go-round a distraction and realize
that when you take a bearer asset, IEA
cryptographic token that you can send to
anybody else it doesn’t really matter
if it’s bat by something else because
there’s something else in custody is
held with a centralized custodian and
it backs down to law because I could say
this token gives me a piece of gold, but
if someone won’t gimme a piece of gold
for it, then it doesn’t really matter.
You use the legal system at that
stage to try and rely on whether
this gold can be redeemed.
Whether this token can
be redeemed for gold.
And so as soon as you connect physical
world to digital world, everything breaks.
Because it then relies on trust.
And the whole point of Bitcoin
was a trustless way to send
transactions with no bank, right?
No central bank.
And so what you’ve done is this really
a bit scammy way of saying let’s take
all of these securities like tokens
and stuff like that, and assets, and
let’s turn them into commodities and
let’s turn commodities into securities.
And so you can basically transform
the nature of these products depending
on whether you want them to be
an SEC or CFTC, which is why this
is the real friction point here.
Because what does it actually do?
If you tokenize a real world asset like
a gold ETF or a gold to gold back token,
you essentially give the gold to the
custodian and you get a security or a
representation of that gold in return.
So you centralize the actual
asset while giving people a token.
You centralize it, but you also do
something else, which is traditionally
what they’ve done when they centralize
it this way, they’ve expanded
it, whether it’s through naked
short selling or collateral fraud.
Yeah, I don’t know if you’ve
ever read the prospectus for
the BlackRock ETF for Bitcoin.
They don’t even pretend
to have the Bitcoin.
They said it’s an investment to
achieve a performance like Bitcoin.
Yeah,
exactly.
I’ve never, so
yeah, the Bitcoin et never
BlackRock.
ETF doesn’t have any Bitcoin.
They have a Coinbase IOU that
promises right, that they
have some Bitcoin in custody.
Exactly.
So it’s a, it is a scam.
Yes.
Now it comes with a few more benefits.
Firstly, when you centralize it you’ve
got the ability to do the lending
against it, use it as collateral
build the derivatives complex and
engage in fractional reserve.
Bitcoins essentially but do the same.
But then with the token, you get
a few more interesting things.
You get the full neoliberal dream of
assets that can be sent completely
GLO globally completely programmable.
So in, in the current version of
the system you can’t go from
the New York Stock Exchange to the
Tokyo Stock Exchange without an
incredibly complex process and floating
some of the stock on both markets.
With this, in theory, you could open up
all of these different markets into one
market, so you can centralize it all.
So suddenly I can trade the Tokyo
Exchange and the Swiss Exchange
using the token in a way that’s
much more liquid and easy for me.
Yes, you can.
You can send it from one exchange
to another, which is something
you can’t currently do easily.
You can also make it programmable.
And so you can then put the surveillance
state in and you can say, in transferring
this token if your social credit score
says this then you can have all the
iterations of central bank digital
currencies and the privatized version
through stable coins and all that stuff.
So in terms of a world economic
forum, globalist, Larry Fink,
BlackRock type of vision tokenizing
everything is incredible.
You get to securitize financialize
and tokenize, you can do it
with your carbon credit scores.
You can turn that into a token.
You can do it with everything.
If you haven’t got the right ESG
score as an individual, you could.
Yeah.
But how does token, the
token relate to the asset?
In other words, can you only tokenize
something if you own it asset?
It doesn’t really to the
asset, or can you create
a token on things that you don’t own?
It’s a promise.
So when you connect the digital
with the physical, it’s just
legal system and promise.
There is no way of connecting that.
And so you are just centralizing
everything in custody, giving people a
programmable digital asset that you can
then perpetuate and put out in the world.
But if you ever try to
exchange that asset.
For the actual underlying commodity
you rely upon the legal system and
trust and the custody structure.
So it doesn’t change anything really
other than making everything programmable
24 7 and the illusion of self custody
when the actual asset is in custody.
But if you wanna soak up a
huge amount of credit and money
created that normally would turn
into pure inflation of real assets.
If if you create more and more digital
assets or digital commodities, you just
have a way of soaking up all this money.
Yeah.
You can soak up liquidity, you can
increase the velocity with velocity.
It’s all sorts of it is
the 1984 Orwellian nightmare
that they are ushering in.
And they’re they’re doing it in the name
of becoming crypto capital of the world.
When really, to me, this is
just ushering in the artificial
intelligence, social credit score
digital mon monetary system is it’s
all we have never moved closer and
closer to what Larry Fink and the
World Economic Forum always wanted.
There’s a slight nuance and subtlety
in that the reason you are getting
these competing narratives look how
woke and socialists the Europe is
is becoming this central bank digital
currency, control grid, digital id.
So what America gets to do is
because Europe, we all of Europe,
all of uk, even Israel people
think Israel rules the world.
Israel’s ized into the same network.
They’re mainly aligned with the
military industrial complex.
But when finance wants to take over
they will financialize, Netanyahu
privatize many of the assets.
And that’s the role of UAE ua.
I have to interrupt.
I saw your post about
privatizing the nuclear arsenal
Yeah.
In Israel.
Yeah.
I’d never thought about that.
And I was I don’t know enough,
I don’t have enough background to
know what the evidence is, but I
thought that was very intriguing.
And because I do believe the financial
complex is more powerful than Israel, so
Absolutely.
Look, to me, Israel is weaponizing
religion so you use the history of
Judaism in order to recruit an army that
then work for the military, industrial
complex, destabilization campaigns, ethnic
cleansing, you have all the technology
that you can do that would never.
Be allowed within America.
Then you have the covert operations to
create the militia groups that you think
are the Islamist terrorists but work
for intelligence at the and obviously
have been radicalized from all the
wars that were created as a result.
And then you have the the narratives
push back into the Evangelical
Christian more modern interpretations
of prophets versus country and
evangelical Christians believing that
they need to protect the country.
And so you’ve weaponized Christianity,
you’ve weaponized Islam, you’ve weaponized
Judaism, and that is how the military
make a lot of money out of the region.
Now, in the meantime, people have the
narrative saying, but Israel’s all of
the narrative has shifted where they’re
like, what is Israel doing for us?
It was a money laundering mechanism
for taking Pentagon budgets.
And then the money always went up
to the US stock market in the end.
And through Lockheed Martin general
dynamic JP Morgan and all these different
companies and Boeing and Palantir now.
And so if you look at it, people are
like, yeah, but we spent 400 billion
on Israel, but you made $10 trillion
of revenue into the stock market.
But that’s not for the
benefit of the Americans.
So the Americans are like, oh,
yeah, but they’re just extractive.
They’re they’ve
co-opted everything to me.
Mossad, CIA, that’s one network, right?
They work for mainly military
and corporate interest.
And you have this really nice plausible
deniability story where you can say,
it wasn’t us that did the genocide.
It was them.
It wasn’t it they
controlled, it blackmailed us.
That’s the only reason why we did it.
It wasn’t because military paid it
wasn’t it was because they Epstein us,
I it just you create this plausible
deniability that when America needs to
divorce from Israel, they can even, and
if you look at the algorithms right now
on X, you could go to X right now, and
depending on what side of the algorithm
you’re on, you’ll have a space with agents
that are saying how Qatar rules the world.
And it’s all the is Islamist terrorists.
And then you’ll have another
space with and I don’t like
to word use the word antisemitic
’cause Palestinians are Semitic.
I like to say Jew haters, there is
a revival of that Nazi narrative of
people that will spend the whole
day saying how every problem
in the world is ’cause of Jews.
And you can have those two
algorithms that could are gonna be
pushed at the same time as having
these civil unrest campaigns.
Yeah.
But part part of it is that
there’s something about the
human race we wanna scapegoat.
And I remember when I first left
the establishment, I got on a listserv
and there was a huge war going on.
It was for researchers researching
the narcotics trafficking.
And you had one group that said, it’s
all the Jews and another group that
said, it’s all the Vatican and the other
group that says it’s all the masons.
And I had to explain to
them, if you look at how.
Those groups interact within
a place so a city in America
they compete and cooperate.
They have to, otherwise you
can’t they have to do it together.
And if you look at who’s
doing it, it’s all of us.
If you look at who’s going to work
and doing it or who’s financing it,
and their 401k, in other words, it’s
it’s a much more integrated model.
And, but there’s this need to find this
scapegoat of somebody way, way over there.
I’ll never forget one, one guy was trying
to lobby me to cover or promote climate
change on solar, which I wouldn’t do.
And he kept insisting that the spring
was being done by the Chinese and the
American military was helpless to stop it.
I was like, wait a minute you’re
saying the Chinese are spraying
over Omaha, Nebraska, but the
American military can do nothing.
It was quite extraordinary.
You got it.
It’s the communist, it’s the radical left.
It’s the Democrats, it’s the Republicans,
it’s the capitalists, it’s the Muslims,
it’s the Jews, it’s the you tho those
are very deliberate where your worldview.
Turns into the algorithm and
it radicalizes you further
and further into that.
And then suddenly you can find all
the evidence around the history of
banking and the Jewish connection.
But again, if you, even if you look at
that that was because historically usy
was forbidden within Christianity, right?
In Judaism, you couldn’t lend
a US rates to each other, but
you could lend to non-Jews.
And so the Jews created the
banking system for people
that you, we call Christians.
I don’t like to use
these labels, but Right.
Christian aligned power.
And then they became powerful, right?
This scapegoat mechanism has always
been a very useful tool right?
And you gotta see above it.
And it’s very difficult to see above it.
But you have to, ’cause it’s very easy
to go down that conspiratorial route
and find all the evidence that backs
up your belief that every problem in
the world is because of Zionist Jews.
But where does the money go back?
And the money tells you the truth.
What is narrative warfare
and information operations?
Imagine stories so powerful, they
can shape how and entire populations
see a conflict or a country.
That’s what narrative
warfare is all about.
It’s a way to influence opinions
and beliefs using carefully
crafted stories and messages.
It’s a key part of information operations.
Which aim to control what people
think and feel about a situation.
Instead of just using facts and figures,
narrative warfare uses stories that stick
in the mind because humans naturally
remember stories better than raw data.
Throughout history, nations have used this
tactic to justify military actions, sway
public opinion, and even scare opponents.
For example, governments create
stories that make their side
look like heroes or victims while
painting the enemy As villains.
These stories are shared through media,
social networks, and official statements.
The goal is to create a perception
that supports their strategic goals.
Narrative warfare also influences
how the world views a conflict.
By framing events in a certain
way, a country can make its
actions seem justified or moral.
It can highlight contradictions in
an adversary’s behavior, making them
seem entrust or aggress aggressive.
This can weaken their legitimacy
without any physical fighting.
Another important aspect
is psychological impact.
When a narrative is convincing
enough, it can generate fear or
doubt among the enemy’s population.
By spreading stories about military
strength or potential threats, an
adversary can create uncertainty and
pressure without firing a single shot.
This kind of influence can
be very effective in shaping
the outcome of conflicts.
In modern warfare, controlling
the narrative has become just as
important as controlling territory.
It’s a way to win battles in the minds
of people, both at home and abroad.
This shift from traditional combat to
information and psychological tactics
shows how powerful stories can be
in shaping the course of history.
So narrative warfare is really about using
stories as a strategic tool to influence
perceptions, attitudes, and behaviors.
On a large scale,
where does it actually end up?
Who does it enrich in the end?
It’s a much, it’s a much
more granular story.
Okay, so let me keep going.
Oh, I wanted to go back to stable coins
for that ’cause I went on this tangent.
Okay?
But in America, America
is fully privatized.
So the corporate interest controls
the government, the lobbies, right?
But in Europe the European Central
Bank, the European Union, these were bank
for international settlement projects.
And so Europe and Australia and
Canada, they’re completely ized.
And so they, you get to have the
narrative of a command and control
socialist communist type of, so
America, JD Vance gets to say, see,
look at these crazy radical leftists,
socialists, wokes, transgender, all that
L-G-B-T-Q stuff climate change warriors.
We are the capitalists,
they’re the communists.
And look what’s happening
to their country.
But it’s all going up
to the same structure.
So in Europe, we’ll have a central
bank digital currency in uk we’ll
have a central bank digital currency.
But the narrative is that we
are gonna do it the right way.
We are the capitalist.
We get a stable coin.
And even though the whole European
economy goes right up to the US stock
market via NATO and all of these
EURODOLLAR schemes the narrative will be
we are the crypto capital of the world.
We’re the capitalists and
they’re the crazy communist.
Look why they’re going down.
Here’s what I see.
Instead of the New York Fed issuing
the CBDC, the companies that own the
New York Fed are going to issue the
CBDC, and that gives you one degree of
separation protection from Congress and
the people’s elected representatives.
So it’s a much more potentially
dangerous system than even A-C-B-D-C.
A-C-B-D-C issued by the New York Fed, is
subject to public policy considerations
and disclosure powers that one issued
by its owners is not subject to.
Yeah, you’ve nailed it.
And then you go back in history
and you look at who’s the
gonna be, the net beneficiary.
JP Morgan’s gonna be an important
node for a cova covert Central
Bank digital currency that sucks
up everything as is America.
America is there to suck up all.
Into the corporate interest
and the stock price.
And so by, by having the privatization
narrative, you’ve got a technocratic,
cracy ruled by because and
constitutionally, that was the setup
of America, if you think about it.
But here’s what they wanna do what you’re
trying to do with programmable money and
a digital id, and then the surveillance
network, which we gotta talk about.
What you’re trying to do is you’re trying
the bankers assume control of monetary
policy in the United States in 1913.
Now you are going to assume
complete control of fiscal policy.
Once this system is in place,
you don’t need a legislature, you
don’t need an executive branch.
Now, you may keep them for theater
you may keep them for show, but the
bankers control fiscal policy entirely.
I love this conversation.
We agree on so many different things.
So they got control of monetary policy
because who are the shareholders
of the Fed is the private banks.
The private banks.
They put a laxy there called the Chairman
of the Federal Reserve and the governor
that implement the bank’s policy.
And then you have treasury.
Treasury is a piggy bank.
For reallocating those money through
the debt markets and capital markets
into the same privatized interest.
The asset managers own all the assets.
You pay your pension, they get all the
board seats through index investing.
Your insurance premiums or your social
systems, the insurers, all of that
goes up into the money managers.
They then use that in order to control
companies, construct financial products.
You have that whole thing.
But now with, you’ve got a beautiful
narrative right now, which is Trump,
the guy that they tried to assassinate,
the guy they tried to use all the
lawfare on the one that actually got
through to take on the deep state.
He’s the one that’s going to use
fiscal dominance, remove all power
from the banks handed over to treasury.
When it’s an identical system,
you’ve now got the same people
issuing the stable coins.
And so all you’re doing is you’re
getting fiscal you’re controlling
treasury, you’re controlling fed.
You’ve got senate, you’ve got congress
through lobby, and then the deep state
has the judicial, you have centralized
everything, but you’ve got the perfect,
like Trump was just so perfect for
taking, almost like his cult following.
It was six weeks before
Butler on money markets.
So John Titus and I do a show
on the SL report every week
called Money and Markets.
Six weeks before Butler said they
have chosen Trump, they’re putting
Trump in to get the control grid.
That’s his job, and
that’s what he’s gonna do.
We can follow his funding.
If you look at his funding, his
largest backer was Elon Musk,
technical industrial complex.
Then you had the Mellon banking
family, financial, industrial complex.
Further down you had Mary Adelson,
which was the Israel part.
So try and get as much in the Greater
Israel project while we move to
regional stability for the bank so
we can implement the technology.
And so here is a perfect reflection.
And so when you get all these
kind of Epstein email leaks, I
think what this is that if you
look at Biden, he was a NeoCon.
So he was more aligned with
military than financial.
Yes.
Whereas Trump is pure financial.
He he’s got the narrative
of we’re taking on the banks,
but he’s a transactional guy.
And he’s definitely ushering in
the vision of BlackRock and the
technical financial complex there.
Which I believe right now, in some places.
Is in conflict.
So some, most of the time they’re aligned.
Here’s the tension.
Basically the tech guys have said,
we can help you extend and evolve.
So you wanna do a going direct reset.
And in fact so every 80 to 120 years,
the central bankers do a reset and
they evolve or shift the currency.
This time, in essence,
they’re gonna end currency.
That’s what programmable money is.
There’s no liquidity.
E essentially your ending
currency as we know it.
And so the tech bros are coming in
and saying, we can do this with you.
And traditionally Silicon Valley
and the finance guys that’s not
a happy cultural merger there.
And so they have a lot to work out
if this is really gonna happen.
Yeah.
And then you’ve got the traditional,
historically the military
has been more nationalistic.
That kind of is the roots of the military
industrial complex was really the roots of
the post World War ii, Bretton Woods order
with the manufacturing base in America.
Obviously that’s all gone to China now.
But that was the roots of the
nationalistic faction of power.
What’s what’s good for Boeing is good
for America, what’s good for General
Motors is good for America type of thing.
But now they’re saying
finance wants to do this.
Global Bricks, GCC Multipolar
World Regional Blocks thing.
We, we don’t really want
to end the forever war.
So net in Yahoo was our guy military.
He was privatizing, he was doing
all of our military operations.
And what’s in it for him?
What’s he gonna get?
What’s his negotiation?
And the military basically I think have
said we’ll compensate you if you, if we
make Middle East into regional stability.
We now don’t control
that side of the world.
That’s China’s territory.
That’s bricks, right?
That’s GCC, that’s regional plan.
None of them compete with American power
on their own, but together they do.
And so they all went into
blocks, they all aligned.
And then they said we’ll give you Europe.
Like you get Russia, Ukraine War,
you get trillions of dollars printed
from the European Central Bank.
You get Bank of England money, you get
NATO pushing up their budgets to 5%.
You get, and you can come back and
do the Banana Republic with the
central and Latin America again.
So here’s the question.
What is their plan in the Ukraine?
Because it looks to me like no
one’s given up on the idea that
ultimately they can implode Russia.
I don’t think they can.
So they’ve lost, but they wanna,
they seem to think that they
can keep it going forever.
Yeah, I don’t see I don’t think that
there was ever a Russia, Ukraine war.
I think there was a clearance,
CIA financial industrial complex,
military industrial complex
war on Europe to ize Europe.
Correct.
I totally agree.
Yeah.
And then split Russia closer to China.
For the bricks vision, right?
Yeah.
When you put on the sanctions, all
you managed to do is shift an enormous
amount of low cost energy out of
Europe into China big win for China.
Yeah, absolutely.
And Europe essentially had the
ESG narrative, the climate change
narrative, invest trillions of
dollars into renewable energy.
But Europe was propped up by big Germany.
Germany was a manufacturing base.
That manufacturing base
required Russian cheap gas.
When you break that, you break Europe.
And that’s exactly what we saw At
the same time as fracking America
becoming energy independent and
becoming a net exporter of energy.
So you blow up nor Nord stream
pipeline, you expand nato,
you do a colored revolution in
Ukraine, you then go to Zelensky.
And then you have an operation to
agitate Russia which pushes Russia
to China, nationalizes Europe.
And then we use the last
Ukrainian in a proxy war.
And in the end, BlackRock maybe
owns all of the grain fields, right?
The land, the reconstruction contracts
in the portfolio and Russia gifts.
So it is a clearance.
It is a clearance,
yeah.
Yeah, we get to use the UK to
collateralize their country.
The Gulf countries get to buy
up more and more assets, right?
The financial industrial complex gets
a place for more of its data centers
energy for artificial intelligence,
water supply, rare earth minerals.
And America knew all along that there is
no such thing as a war between America
and China, and that doesn’t exist.
That breaks everything.
It breaks.
There is no model that exists in Israel.
It’s Siamese
twins having a war.
Yeah.
How do Siamese twins have a war?
Exactly right.
Exactly right.
You reset the world order.
And look I’m not saying that what
I’ve learned about factions of power is
put people like to move to, towards a
conspiracy theory of an organized cabal.
I think it is more
decentralized than that.
I think they get their operations
wrong all the time, and
they are in power struggles.
And it’s basically determined by your
access to choke points and wealth.
And so wealth changes.
And so sometimes with the rise
of India, you’ve noticed that
Hindu affiliated wealth has risen.
So you’ve got more right factions
of Indian power in the network.
With the rise of the Gulf countries,
you’ve got Muslim affiliated wealth.
That’s been a growing trend
with the rise of China.
You’ve had atheist affiliated
wealth, which has grown significantly.
And so over time, you’ve got, you can
essentially own the West by doing a deal
with BlackRock and buying their shares.
Then you own the West.
But I think I think the way
things work so the chairman of our
firm, when I was on Wall Street,
so the partners would come in on.
We’d have a day right after January
1st, the partners would come in and the
chairman would walk in and say, let me
tell you what’s gonna happen this year.
In other words, they had plans.
But the reality is life is fluid.
Plans don’t always work.
And so within those str say they
set strategic goals and then things
change and happen, and it it’s fluid.
So there’s a lot but
there’s a lot of planning.
The plans are you got a 10 year
plan, a five year plan, a one
year plan it’s very planned out.
And, but it’s also within
those plans, it’s very fluid
and they don’t always work.
So I completely agree.
And they hedge they have
a plan for every outcome.
So if if there probably would’ve
been a plan for what happens if
Ukraine could actually take out Russia.
There would’ve been a plan for that.
It didn’t work that way, and they
probably knew it wouldn’t work that way.
But they’ve got their derivatives,
they’ve got their hedge funds,
they can hedge different bets.
They’ve got their ization
strategy, they’ve got the key
resources that they’re looking at.
And they’ve got a plan for what
happens if we go to Multipolarity.
So it’s all hedged.
One of the things that really
argues for what you’re saying is
Russia is the first time I’ve seen
the West’s hybrid warfare not work.
And yet their central bank
was pretty loyal to the west.
And if you look at why and how the hybrid
warfare didn’t work, it looks to me like
Putin had a lot of help from the West.
So there were factions in
the west that were helpful.
And
and that argues that they
wanted a multipolar world.
Yeah, I agree with that as well.
And if you look at the history of Putin,
obviously you had the fall of the Soviet
Union and then you had the oligarchs that
were looking to financialize, securitize,
privatize all of the resources.
And Putin was the resistance against that.
He took on some of the oligarchs
and some of the power and
nationalized many of the resources.
And so within Russia, although
of course there’s propaganda,
we’ll never know the truth.
But within Russia there
is a very populous.
Movement right around
what he did for Russia.
And while we may be led to believe that
this is just some tyrant, and of course
there are, this is a a there, there
are, there, there is corruption in
everything and there is power struggles
and there is different networks and
all these different factions of power.
But really his thing was that he, he
didn’t allow for the nationalization
of all the assets and he took on
right, the oligarchical power.
And so from that moment when you couldn’t
get neoliberalism within Russia, which
was a Bolshevik revolution, right?
And led to the creation of the Soviet
Union in the first place, right?
By Wall Street funding, both Hitler
fascism creating the Federal Reserve
and also the Soviet Union for your
communism, you fund all ideologies.
He was a resistance against that.
And so you can imagine in that, that
there was lots of negotiations with
the financial industrial complex
that also has power within Russia
and as a whole structure, right?
Within Western power
versus sovereign power.
So let me ask you one
question before we move on.
Or actually two questions.
The UAE transfer on Enbridge, do
you think that is maybe it’s
just assembled, but do you think
that was an important transaction?
On Enbridge the no
on the bricks separate system.
It was a digital transfer to China.
Yeah.
But it, it did use the Enbridge system.
Yeah.
Yeah.
I do.
So there’s there’s a few
currency war apparatus.
It had been set up on this stage.
Firstly, the brick, single currency, I
believe was a Goldman Sachs operation
to try and turn bricks into Europe.
And I think they realized that and
avoided doing a single currency
because it’s a ization strategy, right?
So I don’t think we get the brick
single currency but they have all
been building their own payment rails.
Now, UAE is an interesting one
because within the Gulf countries,
they pay good cop, bad cop, right?
With Saudi is, I believe the most
important power powerful player.
But then UAE is very, you can, UAE
for example, can buy Israeli stocks.
Saudi can’t buy Israeli stocks.
And so UAE is a way of eventually
buying Israel when you wanna put in a Gulf
country cabinet that’s no longer aligned
with military operations, but is actually
aligned with finance and GCC stability.
And so UAEI think is an
important node in that structure.
But via Hong Kong and the Bank
for International Settlement
Projects they created this network
of central bank digital currencies.
And you’ve had these different beta
tests through Enbridge and stuff.
I haven’t seen anything substantial yet.
Okay.
But the creation of these
alternative payment rails, India’s
been the most successful at liberating
themself through payment rails.
And China’s created this a this crazy
network of how to circumvent sanctions
and allow for barter trades to happen via
China’s essentially piggy bank of you can
buy our goods, you get access to credit
here, and all of the different Right.
Mafia networks that allow for the
oil trades to all continue sanctions
is no longer a viable thing.
Absolutely.
Russia, russia, I think Moscow
started a or the Bank of Russia
put a office in Beijing in 2017
so they could settle in gold.
Now, I don’t know how much they’ve been
settling in gold, but that capacity and
all the different swap lines are there.
So yeah they’ve been doing many
things to, to trade direct and,
or settle in gold or their own
currencies for a long time.
Yeah.
And it shows you how long and
hard it is to build that, but that
capacity is it’s over the hump.
It’s past the tipping point.
Yeah, absolutely.
And that’s why we saw I see like
the remnants of the last operations.
I think the pakistanian Indian conflict
was a, you’ve got China you’ve got
historical IMF power that has now deep
into the Chinese Belt and Road Initiative.
And they, they, the financial
industrial complex want to penetrate
the regional blocks as much as possible
in this negotiation to Multipolarity.
And so India was like the
main penetration for bricks.
UAE was the main penetration for GCC.
But at the same time and that’s
a lot of what we are seeing, all
of these negotiations and right,
and trades happening right now.
And then, yeah there, there is.
The alliance between Iran, Russia,
and China was the end of sanctions.
And that’s why we are seeing
countries like Syria, where you
have the ex-head of ISIS in the
White House negotiating with Trump.
And that can only happen when
you understand that that these
people were never religious,
Islamist terrorist ideologues.
They were pay for play rental
militias to destabilize countries.
And that’s what you’re seeing
across Africa right now.
What I see with Trump is you
see an announcement that comes
from truth social that says
the Muslims the Islamist terrorists
are killing Christians in Nigeria.
What that actually means is it’s a
signal out there to say to Nigeria, go
east, start negotiating with bricks.
Because we can no longer actually
do these covert operations.
And what we want you to do is
we’re gonna stop these funding of
these destabilization campaigns.
But only once you do a deal
with the financial complex on
regional stability and resources.
But once you are done, then you know,
work with China and work in Multipolarity.
It’s a signal to the world is saying
there’s a white genocide in South Africa.
He’s saying America is no longer
a reliable trading partner.
We are weakening the dollar.
We are deconstruct and even the deep
state we are taking on the deep state.
What does that mean?
It means that you’re taking down
U-S-A-I-D, which propped up the dollar.
That was the covert operations that
forced everyone into buying slavery.
I think U-S-A-I-D was basically, you
go into a country and you buy people.
Yes.
You buy a lot of people, you
make up all these crazy things
and you use it to buy people.
Now they don’t need soft power.
They’ve got hard power.
So if you look at the surveillance
technology, the satellites and other
invisible weaponry they’re rolling out,
I think they think that hard power is
cheaper and easier than soft power.
Yeah.
So look, we’re gonna end into this
regional block multipolar polar world.
The more and more I watch, the
more I think the thesis is correct.
And I’m almost certain this isn’t the
West being defeated by the rising bricks.
This is bricks working with the
financial industrial complex.
So the western, the western banks and
financial institutions are not fighting.
They’re right.
They’re making this happen.
The west financed China, the
west financed the bricks.
This is all.
Yeah.
Yep.
Now and then you end up
with what is the next phase?
So we move into blocks and we’ve got
this in massive amount of investment into
AI data centers, surveillance technology
real world assets, tokenize everything,
financialize, securitize, everything.
And then you have sovereign countries
that don’t have Western central banks.
They have resource backed currencies.
And they are able to,
but what are they doing?
They’re saying say Saudi for example,
it has essentially its own resources.
It has a population that aren’t
taxed much, that and it has a
currency pegged to the dollar,
but it has its own central bank.
What are they gonna do?
They’re saying we just
want the data centers here.
And so they’ll say, we’ll invest a
trillion dollars which is reverse IMF
decolonization essentially of the region.
And saying Nvidia build here.
And they, everyone’s fighting
for the data based upon how
much sovereign wealth they have.
But in the end, it is it is this, yeah.
This technical industrial
complex that’s propped up by the
financial, industrial complex.
And if you think about what
military is, more and more of the
contracts of cybersecurity, cyber
warfare, artificial intelligence,
right?
And I hate to, I have to
throw in weather warfare.
The Iranians just announced
they may have to evacuate Tehran
’cause they’re out of water.
Yeah.
I haven’t been down that rabbit hole,
so I’ll start going through there.
But clearly there’s all these pray
to Allah for the drought to end.
And you can’t have data centers.
You, if you’ve got nuclear energy,
which is what the main thing is when
you’re moving from right narratives
for the military industrial complex
to narratives for the financial,
industrial complex, you switch from
nuclear bombs to nuclear power.
This is a, is this is
an energy play, right?
And if the if and Iran, to me
is totally on board with this
vision, this regional vision.
They’re not they’re not they
have to maintain their narrative as
a resistance against Western, but at
the highest level of power, and I do
mean Khomeini it’s pragmatic, right?
It’s completely pragmatic.
They’re gonna get the
removal of their sanctions.
They’re gonna be able to use
nuclear power, obviously.
They they leveraged the funding
of proxies in order to get
more power in this negotiation.
They became the boogeyman, when really,
if you look at groups like Hamas,
they weren’t funded by Iran for the
last decade that was funded by Qatar.
Qatar is right.
The, is the largest ally
of us in the Gulf country.
Including U-A-U-A-E and Qatar.
They compete,
I think I mentioned it.
Whitcoff let it slip on.
He was being interviewed with Kushner
and he let it slip that the master
redevelopment plan has been in place
for two years and Kushner almost
fell off his chair ’cause he’s shut
up.
Shut up.
Yeah.
You
could see we looked very distressed.
It takes a couple years to build
a master development plan Yes.
Of that size.
But it means they had it in time to figure
out where the bombing would clear in
other words, the bombing gets designed
to clear as opposed to have a war.
Yeah.
And somebody had to finance a moss.
And it’s always been amazing to me
that anybody believes the official
narrative because if you look at
if you look at what it takes to
operationalize the military with
tunnels and weapons for year
after year, that’s a lot of money.
And if you understand the financial
pipes, you can, you know that
no money can get through unless
somebody wants it to get through.
Yeah, exactly.
This is the most surveilled.
Or like technical, industrial complex
nightmare in terms of surveillance in Gaza
with the most sophisticated and illegal
intelligence agencies, Mossad which
are 100% aligned with factions of CIA.
We are led to believe that that
massive vast tunnel network and that
operation on October the seventh, which
was so radically different in the media to
what actually happened that we’re led to
believe that if you believe that, then
there’s a a sand guy in a
cave in Afghanistan that took
down nine those twin towers.
It just, so the last thing I
wanna go before I turn to Bitcoin
is Ripple, XRP and Ripple.
What do you think their
role is intended to be?
Yeah I invested in Ripple Labs, the
company in the real early days before
I, before, like in the FinTech days.
Ripple Labs is
so the token was created by the same
person that created Mount Gox, which
was the exchange that got hacked in 2014,
and was sold to Mark Capellis, which
was the front guy to take the blame.
But he actually bought an exchange
that was missing 80,000 Bitcoin.
And Jeb McKay, the guy that created the
X RRP token also created Mount Gox
and Stellar and other cryptos as well.
So he’s like a serial dinker.
But there was a bunch of banking
technology that’s got nothing to
do with the token that was trying
to create competition to Swift.
And they ended up with 60%.
Of all of those tokens on the
balance sheet of the company.
And you had investments in XRP
from Matthew Mellon, who sadly
passed away and like from the Mellon
banking family that put millions
and millions into these tokens.
And they were just selling these
tokens to all the different banks, and
then they classify that as revenue.
And so they’ve now got like this
multi-billion dollar, $40 billion
valued company that has a bunch of
tokens, which is deeply centralized.
But then they’re building out
these different stable coin rails.
And it’s by trying to work with the
banking establishment, I think an early
operation in order to try and get
some of these competing projects.
And I haven’t found anything too sinister
but it’s this bridge between a banking
SOP pretending to be a cryptocurrency.
In the decentralized world,
the story you’re about to
hear isn’t about crypto.
It’s about power.
The kind of power that doesn’t win
elections, it decides them the kind
of power that doesn’t follow markets.
It makes them.
And at the center of this
power sits one man, Peter Teal.
Teal isn’t just a billionaire, he’s
the deep state’s technologist, a
Stanford bred intelligence asset
whose companies power the surveillance
architecture of the modern world.
A CIA partner and FBI informant,
the architect behind Palantir,
the data harvesting machine used
by the entire Five Eyes Alliance
and Israel Teal has the eyes.
Elon Musk, his oldest co-conspirator,
has the vehicle, and together
they’ve been building the
rails for a new digital order.
When I co-founded a technology
startup, our goal was nothing less
than to replace the US dollar by
creating a new digital currency.
This doesn’t start with crypto.
It started with PayPal, teal, and
Musk’s original vision wasn’t a
payments app, it was a plan to digitize
the entire global financial system.
They failed, but their dream never died.
EE essentially if done right, X
would be become, I don’t know, maybe
half of the global financial system.
Teal calls this era the Straussian
moment, a Pax Americana and forced not
with soldiers, but with surveillance.
And while they build rockets, social
networks and spyware, they quietly began
funding the companies that would rebuild
the monetary system from the ground up.
And one of those companies, its Ripple.
In 2013, TEALS Founder Fund became a
seed investor in report the plumbing
for the coming digital financial system.
Teal had the intelligence rails,
Musk had the communication rails.
Ripple would become the payment
rails, and it didn’t stop there.
In 2012, a year before that seed deal,
Brad Garlinghouse was invited to Peter
Teal’s Secret Tech Conference dialogue.
It’s essentially the tech
builder Berg Group, a secret
gathering of 10 to 12 elites from
government, military, and tech.
Three years later, Brad
becomes CEO of Ripple.
Coincidence, maybe, but it
shows something undeniable.
Ripple’s leadership has been swimming in
the same waters as the architects of the
new digital world since the beginning.
And now Teal’s political
machine has moved into position.
His protege.
JD Vance now sits in the White House.
Vance says, Teal’s lecture at Yale was
the most significant moment of his life.
Teal made Vance’s, procr and Ripple
donated $50 million to Fair Shake.
The largest pro-Trump crypto
pack of the 2024 cycle.
If everything goes to Plan, Teal’s
Network has a 12 year runway
to reshape the global system.
Trump 24, Vance 28, Vance 32, and Ripple.
Perfectly positioned to be the
core infrastructure of that system.
And now fresh Revelations documents show
Peter Thiel in Epstein’s network from
private dinners to funding corridors
to intelligence linked operations.
Another thread connecting the same
elite circles that silently bill
global systems behind closed doors.
We’ve recently seen the ideological
pivot for over a decade.
Teal Tucker Carlson, Roger Ver, all
sold Bitcoin as the path to freedom.
Now, every one of them suddenly declares
Bitcoin compromised, infiltrated
co-opted by intelligence agencies.
A narrative shifts so
abrupt, it reveals the truth.
Bitcoin was the diversion
ripple and compliant digital
assets with a destination.
Now, teal built the eyes.
Musk built the network.
Ripple built the rails, and together
they formed the backbone of the
digital order rising beneath our feet.
This is no longer about markets.
This is about who will
control the next system.
And the evidence suggests very clearly
that Ripple was chosen long ago.
My impression is they were trying
to simply create an alternative
settlement system For the banks.
Yes.
And it didn’t need a token, right?
And so they funded
the whole thing on the token and created
this whole model of, and now they’re using
the value of their token on the company
balance sheet to acquire real businesses.
Custody, business, settling, clearing
businesses, and so they created
this model of how to have a token
on a balance sheet that you can
then use to acquire these different
plumbing within the banking side.
But I haven’t seen them
do anything real yet.
Yeah.
It’s token, it is really
token as IPO, right?
Yes.
You sell a token, and this is important
part about clarity by the way, which
before we go onto the next slide, which
is the battle between CFTC and SEC is
really important because if the, if
these tokens are securities then you
have the accredited investor rules and
you have one year lock-in before they can
trade, which is the rules of securities.
If you are a commodity, then it’s
retail investor with no lock-in,
you can trade straight away.
So you can launch a token and
have a multi-billion dollar market
before even creating any value.
And you can sell that to retail.
And there is one exemption for
75 million or less for a year.
And, so to me the one of the
attractions has always been, is it
possible to do an IPO essentially
without all the heavy litigation
and legal risk that comes with it?
Yeah.
There was over time there
was a relaxation of the Reg D
accredited investor exemptions.
They created something
called the Jobs Act.
Which created two new forms
of regulations, regulation cf,
regulation A, and regulation A plus.
And essentially they were watered
down IPOs, but they’re still
pretty sophisticated operations.
It’s too complicated, it’s too expensive.
It’s too and tokens was
potentially a way around that.
Let’s see what comes out.
Yeah.
But one of the things that would be very
interesting we keep getting members
of the administration saying, the
economy in 2026 is gonna be fantastic.
And meantime you’re seeing delinquencies
all across the credit scale.
So auto loans, student
debt, mortgages, everything.
It looks like the middle class
economy is in a complete meltdown.
But meantime, the Trump administrations
keeps saying, it’s gonna be wonderful.
It’s gonna be wonderful.
And I keep thinking what
are they talking about?
And I’m I’m wondering if they get the
Clarity Act and then literally try and
let Main Street raise money with tokens.
Yeah, no.
Sadly I’m a bit more skeptical and
sinister that I think that the financial
industrial complex are in charge, right?
They’re doing civil unrest campaigns.
They’re trying to asset strip
the entire collective west.
And they’re gonna give everyone
else a universal basic income
and a surveillance state.
They want a revolution because they
would use that like a nine 11 operation
for Patriot Act 2.0 and whatever they
wanna do on the more extreme of what
doesn’t get in clarity or genius.
That’s exactly
what I see.
Yeah.
I’m with you.
I’m really sad for the people that
kind of believe what Trump is selling.
And please don’t take this as
Trump derangement syndrome.
I also have binding derangement
syndrome and Clinton Derangement
syndrome, and Kial derangement syndrome.
I just see them as all part
of the same control grid.
With a different narrative.
And the big thing, the big sad thing
about Trump is he does have a cult
following that thinks that there is
a plan that should be trusted and
he’s gonna make America great again.
And that tariffs are about rebuilding the
manufacturing base and putting jobs back.
I see robotics, I see artificial
intelligence, I see a great
stock market, but I see severe.
Wealth inequality and every
matrix of what makes a functioning
economy and a functioning society
is getting worse and worse.
So I remember being told at
one point we’re gonna ship all
the manufacturing to China.
They will get all the pollution.
’cause if we keep it here way too much
pollution, they’ll get the pollution.
In the meantime, we bust the
unions, then we bring back the
manufacturing and it’s all automated.
Yeah.
And that was that was a
discussion I had in 2008.
Yeah.
And it’s re it is really sad
because we are at extreme
highs in stock market extreme.
An extreme khap economy,
like the level of indebtedness
is it’s hit breaking point.
Like you, the civil the rich
and poor versus rich is it’s just
reaching that point right now where I,
if you are dependent upon a government,
they’re not gonna look after you.
There is no plan.
And you have to look after yourself.
I would say the opposite.
If you look at America,
America’s being poisoned.
Yes.
They’re just being the life expectancy
is being intentionally lowered across
the board, and there’s no doubt about it.
So you’re in a war.
And what’s interesting is I just
came from two and a half months
of traveling around and doing meet
and greets with our subscribers.
And what’s incredible is the people
who faced that war 10 years ago
and have been taking evasive action
ever since are doing really well.
Yes.
I look at you and I would say you’re doing
really well, but you faced the music in
2006 and then have been trying to find
successful, evasive action ever since.
Is that a fair description?
I would absolutely say that.
So it takes a long time to prepare.
It really does.
It does.
When I realized how how immorally,
how immoral the financial system is,
I left in 2006 when I realized what
the UK was gonna be, I left in 2015.
And I’ve been preparing ever since.
Now where are you now, Simon?
I live on a little island
called The Island of Man.
And Oh really?
Okay.
Yeah.
I picked this island.
Bitcoin blessed me.
I could go where I need to go, but
there was one thing unique about
the Isle of Man is it is illegal
for the government to borrow money.
See
this
island right in between
Great Britain and Ireland.
So what if I told you it’s neither
part of the UK or Ireland, and
not even officially a country?
So what is it really?
This Isle of man, a place with no
army, but a flag that looks like this.
And here’s where it gets even weirder.
The Isle of Man is what’s
called a crown dependency.
It makes its own laws, has its
own parliament, and even speaks
its own endangered language.
But when it comes to defense or
diplomacy, that’s still handled by the uk.
Now, here’s something interesting.
It also has zero corporate tax, which
means online gambling empires, shipping
firms and crypto companies love it here.
Oh, and once a year, this quiet island
turns into a real life racetrack.
It hosts the aisle of man tt.
It’s tiny, quiet, quirky, and somehow
one of the richest islands on earth.
And so as a consequence of that, while
we are dependent for energy from the
United Kingdom, we’re in the Iris Sea
Uhhuh.
The community spirit on the island
is is a natural community where
even if we have something called
a tax gap here and say you, you have
basically a subscription to the island,
if you want to think of it like that.
And it’s a contribution to the community.
We only have four people in prison.
Wow.
In the entire island it, the front
page newspaper is somebody ran over
a chicken and didn’t stop and tell
the police or something like that.
That’s as far as it gets.
Because it’s still got
that community spirit.
And to me it was amazing to see that that
actually a lot of the degeneracy that we
see in society the urban decay, the Yeah,
in lack of investment in infrastructure
is actually because of debt.
And it just really highlights to
me the government, when they
take on that debt, they become a
tool for somebody else’s agenda.
And
one of my favorite books is the History
of Central Banking by a South African.
And one of the things he points
out is as soon any society that
legalizes usury, it is simply a
matter of time before they fail.
Yes.
Yeah.
That’s a great book.
I think it was Mark Goodwin,
the History of Central Banking
in the Enslavement of Mankind.
No, this one was Steve Goodson.
Yeah, Steve Goodson.
Sorry if I got the name wrong.
Yeah.
Good.
Mark Good.
In fact, Goodwin, Mark Goodwin is doing
a series on Solari called Digital Assets.
Digital Currency.
Interesting.
Yeah, so he wrote a Bitcoin book,
not as early, but he used to
be editor of Bitcoin magazine.
Ah, interesting.
Okay so let’s turn to Bitcoin.
So one of the things, so you and I
have a different take on Bitcoin but
I. I believe at a minimum that the
the financial guys want to use it
to reset the system and I expect
the price to go up a lot more.
So I think for some period of time,
while the limit’s on it’s it’s
a speculative asset, but it’s a
pretty easy bet that they’re gonna
try and run it up a fair amount.
Where you and I disagree is I think they
can pull the limit anytime they want to.
As in increase it from 21 million.
And not just through ETFs or the games
they can play in the, if they securitize
it, I think they can literally change
the limit on Bitcoin anytime they want.
Yeah.
Got
it.
Yeah.
And so one of the things, let’s say
somebody’s in your position, they’ve done
well they own Bitcoin related businesses.
That means you’ve always got to be
managing it so that you’re making
sure you’re taking your profits
and investing in real assets.
And you have plenty of real
assets if that should happen.
And what’s interesting is
Mark thinks they’re gonna
take it up and hold it there.
I think they’re gonna take it up and pull
it back down so it’ll be a pump and dump.
It pumps and dumps as it goes,
but ultimately it’ll there’ll be
a dump after the whales get out.
Mark thinks no, they’re gonna keep it
there just to capitalize the system.
But I don’t think we know, and
I have to tell you, I think
they make it up as they go.
So there’s no way to know.
Yeah.
Abs.
Absolutely.
So what do we know about Bitcoin?
There is only 21 million Bitcoin.
But there certainly is a lot
more paper Bitcoin, right?
And they’ve built up the
bitcoin derivative complex.
There’s, you are seeing
it in real effect right now.
So in my opinion PE people get confused.
’cause when I talk about these things,
people get upset because there’s
this celebrity worship godlike
characters within the Bitcoin ecosystem.
And one of those is Michael Sailor.
And Michael is.
I try to tell people that
it’s not a personality attack.
He created the best pitch for Bitcoin
in order to centralize as much
Bitcoin as possible and get people
to borrow against their Bitcoin
because he created the narrative.
The dollar is being
devalued, Bitcoin’s going up.
So put your Bitcoin in custody, borrow
against it, and attack the system.
So I have to tell you, I’ve listened
to a lot of your description of
Sailor and you have it totally nailed.
Okay?
You understand exactly what’s happening,
why it’s happening, how it happens,
and the fact that he’s completely
under the control of the finance guys.
Yes,
they’ve got ’em by the short hairs,
and there’s no exceptions to that rule
because I know how these financial,
industrial complexes are built from
working in investment banking and from
studying it on the outside as well.
And from creating a business where you
are drugged into Silicon Valley money and
you get all these gateway drugs and then
if you are, if you go, if you have enough
compliance, you end up a public company.
And then if you end up if you have
enough compliance as a public company,
you get to borrow against your stock.
And then if you borrow enough against
your stock, you end up in an index fund.
And if you end up in an index fund,
you get passive income, right?
And then you are fully ized at that
point where if you don’t comply,
they can knock you out of the index.
And they have creeped with through
strategy there was a shell a
public company and then it
created, okay, we’ll sell more
stock in order to buy more Bitcoin.
And then slowly you get these different
types of products being built slowly.
You get I’ll buy more Bitcoin
and I’ll borrow it from all
these corporate bond investors.
So now you’ve got the dollar vigilantes.
You also have a new product
which monetizes volatility.
So now you’ve got Jane Street
in and the hedge funds in.
And then you’ve got a new
product that gives a higher
yield, higher risk dividend.
And so now you’ve got the
mutual fund investors in.
So now you’ve got and then
we’ll get into the NASDAQ 100.
So now you’ve got BlackRock,
and now you’ve got Vanguard.
And so now you’ve as you progress,
you’ve got all the different players.
You’ve got the derivatives complex,
you’ve got the the Cantor Fitzgeralds
that are bringing in all the other Bitcoin
companies, say, Hey, Jack Mallers why
don’t you tell everyone that you are
gonna create a Bitcoin treasury company?
Hey, David Bailey, you
control some Bitcoin media.
You are the Bitcoin magazine guy.
Why don’t you create a Bitcoin company?
Hey Adam back, you are in Canada, right?
Here’s a tax efficient structure
so that you can roll 30,000 Bitcoin
into a treasury company and then
borrow against it for your other
company Blockstream and stuff.
And it’s very tempting for these these
different financial weapons, a mass
destruction that they’ve created, right?
But now they’ve built the whole complex
to control the short term price of
Bitcoin and manipulate people into
borrowing against their Bitcoin so that
they can all be margin called issue
stable coins backed by treasuries
that will subsidize these lower rates.
And you’ve got these Cantor
Fitzgeralds that are just bringing
more and more people into, right?
Centralizing Bitcoin.
And at the center of the whole
thing, you’ve got strategy, which is
a beautiful narrative of saying JP
Morgan knocks you out of the index.
And Jack Mallers, you’ll now
lose your banking at JP Morgan.
So you put a certificate up showing
that you’ve lost your banking service,
and now suddenly we can do Acra buy
strategy crash, JP Morgan operation.
And then Jack Mallers just launched his
borrow against your Bitcoin service.
And so now everyone can lever up and
borrow at the price at the bottom.
Say, Hey, when’s the best time
to get out a Bitcoin backed loan
at the bottom of the market?
So now let’s do a short
squeeze and take on JP Morgan.
We are taking down the banks
and meanwhile you have ized
the entire strategy into the
financial industrial complex.
And all of these different
constructs have been built.
I used to call ’em the boys.
One of the things the boys love to
do is if you won’t back them, if you
won’t finance them, they create all
these different ways of taking you
down that here’s the alternative.
If you’re not gonna be with
me, then here’s an alternative
that you are attracted into.
’cause it’s gonna socket
to the man, right?
And then we take you
down again and again.
It’s amazing.
And I came, my favorite one I was
at Bitcoin conference in 2017 and
I was trying to talk, everybody
Bitcoin was running up and I was
trying to just say, look, if you’re,
’cause everybody was trading.
And so they were swapping back and
forth between different cryptos and I
said, you’re creating realized gains.
If you don’t escrow in the
dollar when it dumps, your tax
liability’s gonna be bigger than
the value of your whole position.
Yeah.
So for God’s sakes, when you trade,
when you create a taxable event
and they kept saying, oh, it’s all
secret, we don’t have to pay taxes.
I said, no.
And it was after the dump in the Wall
Street Journal, they announced 10,000
new auditors just going after crypto.
Yeah.
Yeah.
So yeah, they know what they’re doing.
Yeah.
You know that complex has been built.
And if you think about what strategy
is, it’s borrowing more from Wall
Street Bond vigilantes, hedge funds
raise more in equity and get more
Bitcoin in a centralized company.
So if you look at your advice, so
you’re saying if you do Bitcoin,
self custody and don’t borrow.
Yes.
Because then you can rock and roll.
You can rock and roll
with the ups and downs.
Correct.
My, my simple advice is that I think
of so Bitcoin is, if you own it in self
custody, which is an if now if you
own it in self custody it’s money that
you can own and you can take with you
wherever, whatever your government does.
You may get exit taxes.
You still have a legal
framework to play within.
But it’s money you can own.
It’s money you can spend in a
innocent until proven guilty system.
If you’re committing crime with it,
you’ve created an immutable record.
It’s still but and it’s money that
has a fixed supply, which means that
there only will be 21 million, but they
can manipulate the short term price.
But that’s always been the case
with the Bitcoin exchanges.
I know.
’cause I’m a shareholder in many of them.
Essentially Mount Gox was a fractional
reserve Bitcoin because it lost
90% of the Bitcoin, but still owed
that amount of Bitcoin to people
that thought they had Bitcoin.
But then the exchange closes and then
they realize they don’t have the Bitcoin.
And so self custody is
how you avoid that.
If
somebody’s listening to this and they say,
okay, where do I go to do self custody?
How do I learn how to do self custody?
What are the wallets that I should use?
What would you recommend?
It’s a deeper subject, but I,
I publish on simon dixon.com.
Different courses where you
can learn how to self custody.
Okay.
I’m fortunate enough to have no
monetization, no sponsorship.
I haven’t got anything to sell.
I’m literally just trying to build a
community of people that want to, that,
that want to get themself more sovereign.
So I’m, I’ve, there’s nothing to sell
there, but I, I’ve I’ve I have
videos where you can watch how to self
custody and the different things is a
deep subject and it’s very boring for
this, but my, my simple rules are
learn how to self custody.
Yeah.
Own more Bitcoin this month than
the last month, regardless of price.
So you won’t out trade Wall Street.
But you can out invest them
and own it in self custody.
You get to boycott the Fed.
Really it’s money outside the Fed.
If you don’t own it via an ETF,
you get to boycott BlackRock.
If you don’t borrow against
it, then you’re not creating
fee currency and giving them
custody service to charge fees.
So don’t borrow against it.
Don’t use any leverage, don’t
trade and just have more Bitcoin
this month than the previous month
and do that for a four year cycle.
I’m just gonna add my caveat if Yeah, if
I’m right and they change or pull the
limit and, or engineer a permanent dump,
you want, you wanna be ready to run.
Yeah.
But I don’t think that that if we look
at the construct of how Bitcoin’s created
you cannot change 21 million unless
you can co-opt all of the developers
you can
and all of the mining, EEE eco
ecosystem get as much Bitcoin in an
ETF get all of the nodes to agree
that you’re gonna upgrade and then
not have a user activated soft fork.
And so you actually the
ability to change it from 21
million requires co-opting of
almost every part of the ecosystem.
So in, in 1996 when I started litigating
with the Department of Justice, I
would’ve said that was impossible.
Having litigated with the Department
of Justice until 2011 and dealt
with massive physical harassment,
surveillance and learning every dirty
trick in the book, what I will tell you
is I think it’s much easier for them
to do that than you probably think.
And it was a shocking process to
come to that conclusion, and it’s a
conversation I’d be happy to have with you
because the way you control technology
is not through technology, but it’s by
controlling the people who manage the
technology and their ability to move
in and manage and control thousands
of companies and people is phenomenal.
Yeah.
And I wouldn’t have believed
it was possible, but now I do.
But for, I, I don’t
think that time is near.
So it’s not something,
it’s not a 2026 problem.
Yeah.
Is what I can tell you.
We can continue to debate it, but
there are choke points across the
whole of the Bitcoin ecosystem.
Yes, absolutely.
And those need to be
aware as certain risks
it is not a guaranteed thing.
Yeah.
So before I turn two, two other things
on Bitcoin, the Bitcoin strategic
reserve, we’ve seen both the President
and the Secretary of Treasury say
they’re only going to put Bitcoin in the
strategic reserve that that they seize.
And we just saw this
seizure of the Prince Group.
You’ve covered it, and it’s remarkable.
I was on the board of directors when the
the Department of Justice did a huge
seizure of BCCI, the sort of BCCI
situation, and did a huge seizure and
didn’t wanna give the money back to the
victims, they wanted to keep the money.
It was the same exact fact pattern
that we see in the Prince Group.
And this one is extraordinary
because you’re talking about
a huge cyber crime operation.
The and the US goes in and seizes
the Bitcoin and doesn’t, and China, if
I understand it, is arguing that the
money should go back to the victims.
And the US is no, we’re gonna keep it.
Any thoughts on what is happening
now with this seizure and
the Bitcoin strategic reserve?
Yeah.
It’s very interesting.
So the language around the executive
order for the Bitcoin strategic
reserve was very similar to
the Gold Seizure Act in 1933.
And so you notice that some of the with
the without, without the seizure, yeah.
If you compare some of
the term, the points.
Wow.
You’ll see that there are very
similar like conditions there,
but it didn’t have the seizure.
Simon,
how did you figure that out?
Someone did an analysis.
I think I used AI to just do
an analysis between the two.
Wow.
Yeah.
Okay.
But it’s very interesting that
some of the language seemed to have
been borrowed from that Uhhuh.
Now there are, the US government allegedly
has and we don’t know this because there
was a freedom of information fire that
was very strange in terms of whether they
had 10,000 bitcoin or what they have.
But now they’re claiming
they have 325,000 Bitcoin.
No one can verify that.
Now there were, that
came from three pockets.
The first was the Silk Road seizures.
And one of the first thing the Trump
administration did was, pardon?
Ross Albright.
Which is the dark web website that was
some of, much of Bitcoin’s early volume.
And that’s, I think a legitimate seizure
because who were the victims there?
Drug dealers.
So reasonable case.
But the second two are very illegitimate.
The second one was, I know ’cause I’m a
Bitfinex shareholder, there was 119,000
Bitcoin hacked from Bitfinex and I
worked with the victims of the hack in
order to put together a recovery plan
where we didn’t go into chapter 11.
And we actually recovered
everybody’s funds by avoiding
the chapter 11 process.
So the lawyers couldn’t sell the
Bitcoin and all the things that
happened in Celsius and Mount Gogh.
So I’ve got ex very niche experience
from these different cases.
However the shareholders which
were the victims because we made
the victim shareholders they
recovered or the Department of
Justice recovered those Bitcoin and
so they managed to get a hundred
and a hundred thousand Bitcoin Now.
In terms of who they’re telling us
the hacker is, that’s a wild story.
Just look up razzle dazzle, the
crocodile of Wall Street, and you’ll
be amazed and shocked at what who
they’re telling us the hacker is.
But it was, apparently it was her partner
that had Ukrainian connections and Saudi
passports and all sorts of weird things
connect even Celsius, the Ponzi scheme.
Deep connections to Netanyahu.
Some of the hacks the, one of the
hacks was the shareholders, the niece
and nephew of Benjamin Netanyahu,
the co-founder of the company, is
now doing an AI startup with the
Prime Minister’s office of Israel.
The co the person that was head
of loans is in the social media
propaganda department for the IDF,
like very strange connections that
you see in all of these cases.
And then don’t even get me started
on SBF and Ft X. But bit bitfinex.
The, it was, those Bitcoin that
were recovered by the Department of
Justice belonged to the victims.
And we, we thought as shareholders,
because the Department of Justice
is gonna be giving them back,
they haven’t come back yet.
And they were included on the balance
sheet of the Bitcoin strategic reserve.
So I’m not sure what’s gonna
happen there, but remember,
Bitfinex is a partner with Tether.
Tether suddenly gets allowed to operate
a genius at compliance stable coin
and is contributing to the ballroom
in the White House with the Tech Bros.
So you’ve got all these different
things that are happening.
And Bo Hines, which was part of the
PayPal Mafia in terms of part of
the David Sacks team was the head
of the crypto and AI department.
He suddenly leaves the White House
and is joined the board of Tether.
So you get all of these different
types of shenanigans that are happening.
And then the third was an outright
scam in that was done out
of what am I trying to say?
Not Columbia.
Why am I getting a Cambodia?
Yeah, it was done outta
Cambodia and China.
Wanted to seize all the coins because
there were Chinese victims, there was
global victims, Americans, Canadians,
Europeans complete fraud and scan.
And now America announced that
it’s adding 127,000 Bitcoin to his
strategic reserve that it seized.
And so now it’s got 325,000
Bitcoin in its strategic reserve
that belonged to Bitfinex victims
and the victims of the fraud.
And that’s the Bitcoin strategic reserve.
So it’s a very interesting model that
that you you allow massive cyber crime
and then when it matures, you just
basically seize everything and move
it into the Department of Justice.
I am very, I, this is pure speculation
’cause I got zero evidence for it, but
I, in my mind, I’ve got a conspiracy
theory that is consistent with
my understanding of other things.
We’re always told to this Russian
hackers, Chinese hackers, and
North Korean hackers and lazareth.
I’ve got a feeling that’s Israel.
And I think that these hacking
operations if they end up as Bitcoin
strategic reserves on treasury’s
balance sheet, and we know what
happened to the confiscated gold.
From America.
It was used as it sits on the
Federal reserves balance sheet
and treasuries balance sheet.
So it’s the collateral.
But it doesn’t help.
It’s, it doesn’t help the government
in the end because the power structure
is the financial industrial complex.
So I think the narrative is that
we’re gonna save the dollar,
we’re gonna save America.
Exactly.
That’s the narrative.
But is the, is that strategic
reserve being leased to
BlackRock or any of the ETFs?
Not yet.
So all we know is that we
don’t know where it’s stored.
No.
The marshals are using Coinbase.
Okay.
So it’s at Coinbase, and
Coinbase is the custodian for the
BlackRock ETFs and the other ETFs.
And Coinbase, I was an early
investor in, and once they went
public, I sold all my shares.
I’m in a cleansing phase right now
where I’m trying to get back to being
this self custody Bitcoin purist.
I invested in all these companies
and now they’ve been co-opted by
the financial industrial complex.
And as soon as they go public I sell
them and buy Bitcoin in self custody.
But Coinbase is as again, as
soon as you are a public company,
you are now part of the apparatus.
Yeah.
So I’ve done a lot of research
on the asset seizure asset
forfeiture fund at the department.
At one point I hired the
lawyer that created it.
And during my litigation, and
anyway, so the, immediately I wanted
to see where, who the custodian
was as soon as they created it.
And sure enough, the Marshals had done
a deal with Coinbase and I thought, oh,
BlackRock and Marshals at the same time.
How convenient.
Yeah I do remember seeing
that It was Coinbase custody.
Yeah.
So the custody service was the
custody service was developed,
then they went public.
And then they did and now the,
you had operation choke 0.2 0.0,
you had all the crypto scam takeout,
the Celsius Ponzi, the the FTX
Ponzi you had all of them wiped out.
You had the CZ takeover of sorry,
the US government takeover of
Binance in the compliance side.
You had the Biden administration
that was very unfavorable.
Suddenly you get the Bitcoin ETF,
then you get the deregulation
environment, the Trump administration,
and then everything that the banks
and financial institutions need to
build the Bitcoin industrial complex.
Gary Gensler was my best
friend in business school.
Ah, and in fact, I got him an
interview with Goldman Sachs,
that was one of my claims to fame.
He didn’t have a suit, so I took him to
Brooks Brothers and bought him a suit.
Yeah, okay.
Anyway, so again I
think the chairman of the SEC
is part of a greater power
structure, let’s say that,
right?
Exactly.
Okay.
So how do we stop the control grid?
In America, if you look at how
the control grid’s working, and
it’s the same model in, in each
place you have programmable money.
So if you read the Genius Act,
treasury is set up to provide a
pipe that every issuer has to feed
into that is know your customer
and money laundering regulations.
But I’m assuming the whole Palantir AI
system can come in through that pipe
and certainly what it looks like to me.
So you got programmable money with the
stable coins, then you’ve got a push for
real digital ID with a real ID system.
And then you have an extraordinary
move locally to build out the hardware,
both telecommunications, drones and
AI data centers to deliver both the
surveillance and the the dynamic
application of the programmable money.
And so you’ve got three legs to
the stool and people are pushing
back on everyone, but they’re
clearly designed to snap together.
So in that kind of system
I don’t see there’s no way.
To push back other than
to scramble the system.
So I don’t know if you saw it, the
former head of MI six just came out
and said that Starr’s plan for the
digital ID was insane because it’s,
you put everybody in one database
and everybody’s gonna hack it.
Yep.
And there’s lots and lots of
contracts between the UK government
and Palantir, so I think it just
feeds up to that same structure.
I think the Department of
Defense has Palantir contracts.
The National Health Service
has Palantir contracts.
And there’s Palantirs over everything.
Pal Palantir
with Peter Till, and then
the CIA funding through the
Silicon Valley, all this stuff.
These are clearly front companies for
privatizing all of these control grids.
And
all I say is the same thing I
said with the Bitcoin side.
Your job is to try and I don’t
think you, nothing stops this train.
I’m up for a fight, but I’m not
up for a fight that I can’t win.
And so I think we have come too
far and I think your job is to
exit the system where you can.
And so my, what I tend to do is
I try and get as much Bitcoin and
self custody with my fiat currency.
I don’t borrow against it.
The things that I said I hedge with gold
and I reallocate my money into community.
Any fiat currency is in community banking.
If I need banking I invest in any
kind of decentralized systems that can
create friction and resistance against
it, decentralize artificial intelligence.
And all of these have spectrums
because there’s always a choke
point at some point, right?
But you were, I’ve come to the conclusion
that it’s about better rather than worse.
Because if you do nothing
because you’re trying to achieve
perfection, there is no perfection.
And then you have to spend local.
Like I really believe that people
should support local business
more than large, big business.
I think cities are gonna
be very bad places to live.
I think people should go urban and across
the country it is a weird phenomenon
I’ve seen ’cause people build these
amazing communities, but they tend to.
Go around like a cult leader
and some kind of like weird cult.
Like, why not just do it without the cult?
Like, why can’t people
just look after each other?
Within a community.
And so I do think
many do, but they don’t talk about it and
they certainly don’t brand it as a thing.
Yeah, exactly.
As much grass as you can touch as much
community and just really, I think we
get into a higher purpose at this stage.
For me I personally believe that there
is a higher plan, which is our creator.
And whether you believe that or not,
whatever your spiritual or religious
beliefs may be, I have to go with that.
And know that in every empire
you, it’s like an elastic band.
You stretch it.
But look at the British Empire.
It’s a shambles.
Look at the Portuguese Empire,
look at the Italian empire.
Look at the Roman Empire.
Look at all these previous empires.
They are just shadows of what looked
like an unstoppable network at the time.
And community, whatever your
beliefs may be I believe that
money also has spiritual energy.
So if you achieve your money
through means that are very
questionable and in your heart.
Whether it’s questionable or not, you may
unintentionally you may part of what I
say about all of these systems is many
people don’t know who they work for.
I’m not like Jack Mallis probably
doesn’t know who he works for.
’cause it’s all this
these layers and layers.
You just think you’re building a business
and you are working for your funders.
So one of the things I like about your
work is you understand the financial
bazooka and that it can you have
to be prepared to duck at any point,
right?
And that’s essential.
Yeah.
And you’re gonna need community.
You’re gonna need as much autonomy
and sovereignty as you can.
And we have to look after each
other and to look after each other.
We need to recognize that these
devices are feeding us hatred.
They’re stopping us from having children.
They’re psychologically they
are psychological operations.
Now, I can’t avoid it.
I need AI to be as productive and
function in today’s world, right?
And so it’s just a, it is just
a commitment to, I think, listen
to your heart, understand that
you are not gonna get perfect.
You can only do better and worse.
And if I’m choosing between buying on
Amazon or buying from my local farmer, I
know that I consciously will try to buy.
From my local farmer.
If the question is, do I give BlackRock
my money or do I hold it in self custody?
Sometimes tax and inheritance means you
have to be a little a part of this system.
But where you can always just
try and do better and better.
And I think there is spiritual
energy that comes from that.
And I believe that there is a higher
plan, and I don’t think evil gets
rewarded without being destroyed.
Yes.
It’s got this, I think this whole
system, the reason I pulled out in 98
was I thought the plan was gonna fail.
I just think if you look at what they’re
doing and how they’re doing it, it
has the seeds of its own destruction.
And I don’t wanna be a part of it.
Yeah.
But yeah I really believe in boycotting.
And if you, if your vote doesn’t
matter, which I’ve come to the
conclusion, it doesn’t in terms of the
political system is completely captured.
And so if your vote doesn’t
make a difference, your
money does and say, and your
actions, yes.
Your money and your actions
make huge difference.
I completely agree.
I was gonna, I was get personal
and say, I hope you’re having
lots and lots of children.
Yeah.
So it’s a self responsibility.
That’s what they want you to be the
opposite of it, I think you said.
Yeah.
When they give a title to a narrative.
It’s the opposite.
Every accusation is a confession.
These are truisms and the media
is just simply a function of what they
want you to believe, not what is true.
And so once you recognize these
things, there’s an empowerment in when
you’re saying, all right why does the
financial times want me to believe?
This is where everyone’s right.
Allocating capital.
There’s an agenda behind it.
And so and if, where you
can share this content, like I
think there’s power in information.
I also think they’re trying
to make you incoherent.
Yes.
And it’s very important to stay coherent.
Yes.
And yeah.
And we just have to recognize
that there is vast evil.
But there is vast good.
And speak to your neighbors,
speak to people, and you
realize we are good people.
We do have to get along.
And the vast majority of people
the so just try and make people
better and what else can we do?
By any chance, have you gotten
to know or met John Christensen?
I haven’t.
No.
Do you know who he is?
I don’t, no.
He made a documentary with what’s
the name of the reporter?
I think it was Nicholson.
It’s called The Spider’s Web.
It’s about the British offshore system.
And we have an interview with him
on the report and you’re eligible
for a complimentary subscription.
I’ll send you one.
All guests get a complimentary
subscription, but I would suggest
you look up the documentary in
the spider’s web and watch it.
I had complete access to all the client
files and this is what I’ve found.
There were some insider traders,
some market rigging, some avoiding
disclosure of conflicts of interest,
illicit arms trading, illicit political
campaign donations, contract kickbacks,
bribery, fraudulent invoicing, trade
mispricing, and at the bottom tax evasion.
If you come from the same kind
of background, you know the right
people, then all the kind of legal
niceties will often fall away.
You can get away with
doing all sorts of things.
John Christensen might be somebody
you would like to connect with.
He’s very special and alright.
He’s done a lot of digging
particularly in the islands.
I think he was economic
development officer in Jersey,
amazing.
Okay.
Yeah.
I’m really grateful to have found
you and that you brought me on and
that I can be a part of the community
because I’m ashamed that I haven’t
understood more of your work because
you seem to have been down this
rabbit hole for longer than myself.
And I can’t wait to discover
more of what you’ve created and
what you’ve helped people with.
Please don’t go down all the
rabbit holes I’ve gone down.
Yeah
it’s a waste of your, it’s not a good use
of your time, but in the process of
trying to figure out what in the world was
going on, I think I’ve tried to go down
just about every rabbit hole there is.
And in fact, we did an
interview, Joseph Farrell, he’s
a scholar that I do a lot with.
We did an interview who is Mr. Global,
trying to explain the very top of
the system and what things look like
from Mr. Global’s point of view.
And all we do is we go through
all the different theories, yeah.
And describe them.
Yeah
I have some insight into the system, but
I don’t begin to have I couldn’t prove
it, what’s going on in a court of law.
I’ll say that.
Absolutely.
It’s a, it is a collective
thing and I’ll leave one rabbit
hole if people want to go down.
Many people ask whether
Bitcoin was created by the CIA
and who Satoshi Nakamoto is.
I just created a three hour
video on YouTube so you can
look up Simon Dixon Satoshi.
Oh really?
CIA And if anyone wants to go down that
rabbit hole I, yeah, I pulled together.
Okay.
I saw the title, but I
didn’t realize what it was.
Three hours.
Okay.
Alright.
So today we’re diving into a
theory that’s been absolutely
blowing up the crypto space.
It comes from a nearly three hour
long podcast episode hosted by the one
and only Simon Dixon, a true Bitcoin
OG on his show, Bitcoin Hard Talk.
And it was all about trying to answer
a question that just keeps coming
up, specifically this one wild theory
about who really created Bitcoin.
And when I say wild I mean we’re
talking about a story that pulls
in international spies, the mob.
It’s a real rabbit hole.
Okay, let’s get into the first clue.
And believe it or not, the theory
starts with the name itself.
So the podcast brings up this idea
from a guy named Richard Warner.
He points out that in Japanese
you say the family name first.
So it would be Nakamoto Satoshi.
And if you break that down, Nakamoto can
translate to center origin and Satoshi.
That can mean intelligence.
So you put ’em together
and what do you get?
Central intelligence, kinda spooky, right?
So the question is, was this
some kind of clever wink in a
nod from an intelligence agency?
A clue left behind, just hiding in plain
sight for anyone who bothered to look.
Okay, but that leads to the
next big question, the motive.
Why on earth would a government agency
create a decentralized currency?
It seems totally counterintuitive.
The podcast dives into two
pretty compelling and honestly
chilling potential reasons.
First, there’s the gateway drug theory.
The idea is that Bitcoin
was just a trial balloon.
A way to get us all comfortable with
the idea of digital money before
they roll out their own stuff.
Central Bank Digital currencies or
cbdc, which they would totally control.
The second theory is it’s a lot darker.
It’s the honeypot theory.
The Bitcoin was designed to get everyone
to pour their money into it, only
for the creators to flip a switch on
a secret backdoor and seize it all.
But here’s where the
story gets really weird.
Just when you think it’s all about
spies and government agencies.
The podcast takes a massive left turn.
It suggests a deeper, darker origin story.
That doesn’t start with the CIA.
It’s starts with the mob.
Yeah.
Okay.
I’ll take a look, Simon.
It’s been just a real pleasure.
I’ve enjoyed your work for a while
now, a couple years, and, and I really
appreciate what you’re trying to do
and I really enjoyed talking to you.
Thank you for joining
us on the SLE report.
Tell everybody again where they
can find you and follow your work.
Yeah, so I’m mainly on X at Simon Dixon
Twi from when it was called Twitter.
And I am on YouTube, Simon Dixon.
I go live every week where I do
this week in Bitcoin this week in
macro this week in geopolitics.
Three hours every week following
the money in real time.
But it’s gonna good because you
connect the dots between all these
different areas and it’s very good.
I do.
And then I use AI to condense it down
to five minute and 20 minutes as well.
And then I publish those on
my blog, simon dixon.com.
Okay.
I’ve been using Claude.
What have you been using?
I got a team, but we are mainly
in like the Google ecosystem
and then we got some, okay.
We invested in some decentralized
companies, which we’ve
been playing with as well.
But it’s mainly my team at this stage.
Okay.
Okay.
Simon Dixon, you have a wonderful
day and thank you for joining
us on the Solari Report.
Thank you, ladies and gentlemen.
You have a great evening.
Bye.
