Latest / The Paul Barron Crypto Show / Government Admits To Stealing Our Data!🚨Vitalik Rallies Ethereum vs Elon🔥
Transcript
- 0:00Speaker 1: Ethereum is starting to challenge the billionaire class, and today
- 0:03Speaker 1: we're going to be breaking it down for you. Why
- 0:05Speaker 1: this will matter very much because it all talks about
- 0:08Speaker 1: privacy and the future of that. Let's get into it.
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- 0:39Speaker 2: I cannot tell you enough.
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- 0:43Speaker 1: you can control your crypto. Use our link in a
- 0:45Speaker 1: little bit of a discount and get started. A lot
- 0:48Speaker 1: happening out there. There is a big issue though right
- 0:52Speaker 1: now it is all about our data. Here's a clip
- 0:56Speaker 1: that reveals something very interesting.
- 0:58Speaker 2: Take a look.
- 0:59Speaker 1: Trump administer says that apartment of government efficiency employees shared
- 1:03Speaker 1: social security data, according to a Justice Department court filing,
- 1:08Speaker 1: and one of them even signed in agreement with a
- 1:10Speaker 1: political advocacy group that was working to overturn election results
- 1:14Speaker 1: in certain states. This is the worst nightmare that people
- 1:17Speaker 1: were thinking about back then.
- 1:19Speaker 2: Uploaded a copy of all federal social security numbers to
- 1:22Speaker 2: an unsecured server back in June, and over three hundred
- 1:25Speaker 2: million Americans are at risk of identity fraud. Retained access
- 1:29Speaker 2: to private social security profiles.
- 1:30Speaker 3: Even after court ordered that access to stop, the access
- 1:33Speaker 3: didn't fully stop, and now the government county until the
- 1:36Speaker 3: public would happen to their data. Now, this is the
- 1:38Speaker 3: first time the Trump administration has acknowledged that those employees
- 1:42Speaker 3: mishandled social security records. ICE is using medicaid data, including
- 1:46Speaker 3: that is also illegal that medicaid data is supposed to
- 1:49Speaker 3: be protected by law. None of you up here would
- 1:52Speaker 3: subscribe to any of your constituents data being exposed and
- 1:58Speaker 3: taken out of social secureecurity for what purposes. In the
- 2:03Speaker 3: court documents they said in one case is for political use.
- 2:09Speaker 1: All right, guys, we are talking about both sides being
- 2:12Speaker 1: very bad here, and it appears that dose of course
- 2:16Speaker 1: is overreached into the cookie jar, and of course where
- 2:20Speaker 1: are they overreaching? So as you can see, data is
- 2:22Speaker 1: the big deal here. Now as you look back at
- 2:25Speaker 1: where data is being used, it seems or appears to
- 2:28Speaker 1: be centralizing around a surveillance state. Of course, this goes
- 2:32Speaker 1: all the way into what ICE has been doing. We've
- 2:34Speaker 1: been tracking that. You can kind of see just some
- 2:37Speaker 1: of the movements, all right, So if you look at
- 2:39Speaker 1: where some of this budget is gone, this is one
- 2:42Speaker 1: of them. ICE's new budget now larger than the combined
- 2:44Speaker 1: budgets of all other federal law enforcement agencies out there.
- 2:48Speaker 1: You can kind of see the list right there. Further
- 2:50Speaker 1: into the data, you see the ICE budgets versus countries
- 2:53Speaker 1: in comparisons defense budgets. There is only I mean, why
- 2:57Speaker 1: do you need this much money to get in to something?
- 3:01Speaker 1: Only reason could be, especially when you apply the stolen
- 3:03Speaker 1: data or the fact that you've got access this kind
- 3:05Speaker 1: of data. All this looks like is a potential of
- 3:09Speaker 1: a surveillance state. And this of course is getting into
- 3:13Speaker 1: unprecedented budget growth all centered around this.
- 3:17Speaker 2: Now.
- 3:17Speaker 1: Granted, yeah, we've had many, many years of the issue
- 3:21Speaker 1: of immigration. Was it accelerated that much during the Biden years,
- 3:25Speaker 1: that you have to spend that much money to eradicate
- 3:28Speaker 1: what's going on here in the United States.
- 3:30Speaker 2: I don't know.
- 3:31Speaker 1: Here was an interesting look at this, of course, if
- 3:33Speaker 1: you look at how much money is being spent, the
- 3:36Speaker 1: potential of what could be all centered around immigration hype.
- 3:41Speaker 1: And of course the real question is have we lost
- 3:44Speaker 1: all of our freedoms for the price of what's going
- 3:47Speaker 1: on right now? Iks, that's the question that everybody's asking.
- 3:50Speaker 2: I don't know.
- 3:51Speaker 1: You have to consider though X went down at a
- 3:54Speaker 1: very inopportune time of where some of this data and
- 3:57Speaker 1: reports could have been revealed ex of course down then,
- 4:01Speaker 1: of course you have bad timing with none other than
- 4:04Speaker 1: twenty one Shares launching their doge ETF So bad timing here,
- 4:09Speaker 1: but maybe this will turn around for them. Here was
- 4:11Speaker 1: Chris Giancarlo, this is the former CFTC chair, and he
- 4:14Speaker 1: makes a good statement. Here is now, indeed the time
- 4:16Speaker 1: to re align the Bank Secrecy Act to the.
- 4:18Speaker 2: Bill of Right.
- 4:19Speaker 1: So it's possible that we could align now, being Republicans
- 4:22Speaker 1: and Democrats, could align to basically give us back many
- 4:25Speaker 1: of those rights that were stripped from us over the
- 4:28Speaker 1: past few administrations around privacy. Privacy being a big key
- 4:32Speaker 1: here of course, and when you have all of our
- 4:35Speaker 1: data being stolen, that's the issue that I'm getting at
- 4:38Speaker 1: right here. So speaking of disinformation, you've got Elin out
- 4:41Speaker 1: here pushing that X would be potentially repaired by the
- 4:45Speaker 1: end of the year. I don't think anybody really believes
- 4:46Speaker 1: them anymore, especially after we found out what they were
- 4:49Speaker 1: doing with crypto Twitter. Everybody remembers Nikita Bayer. He is
- 4:53Speaker 1: the developer that was basically saying, yes, we've been repressing
- 4:57Speaker 1: crypto in our system, in our algorithm them, and of
- 5:00Speaker 1: course I don't think anybody is following that along. This
- 5:02Speaker 1: pushes the buttons of crypto, and I think when you
- 5:06Speaker 1: push the buttons of the best developers in the world,
- 5:10Speaker 1: things will happen. And one of those, of course, is
- 5:13Speaker 1: what Vitallic is focused on right here. In twenty twenty six,
- 5:16Speaker 1: I plan to be fully back to decentralize social So
- 5:20Speaker 1: this may be the point where we actually get a
- 5:25Speaker 1: social media platform that is actually federated and decentralized n
- 5:31Speaker 1: competitive with that of the mainstream. Have we reached the
- 5:35Speaker 1: tipping point, guys for privacy? Are we there? Right now.
- 5:39Speaker 1: Maybe Vitallic will get this done. Maybe he won't let
- 5:41Speaker 1: me know in the comments. If you think Vitallic can
- 5:43Speaker 1: pull off decentralized social media, it is a big, big
- 5:47Speaker 1: deal for sure. Now Tyler came in and said this
- 5:50Speaker 1: to me, when the market has rejected an idea thoroughly,
- 5:53Speaker 1: it's a sign to move on rather than double down.
- 5:56Speaker 1: And we understand that because you've had Farcaster or Lenz Protocol,
- 6:00Speaker 1: a whole slew of social decentralized social media platforms that
- 6:03Speaker 1: have attempted, but you haven't had one thing, and that
- 6:07Speaker 1: is absolute disdain for what we're seeing in DC and
- 6:13Speaker 1: through the elites and also through the technocrats of our society.
- 6:17Speaker 1: That's why I think now might be the time. Another
- 6:20Speaker 1: thing that plays into this is timing. And remember Polymarket, polymarket.
- 6:24Speaker 1: If you look back here twenty one twenty two, see
- 6:28Speaker 1: hardly no transaction. All of a sudden you get a
- 6:32Speaker 1: critical event, and you know what that critical event was.
- 6:36Speaker 1: It was an election and that election started polymarket. So
- 6:39Speaker 1: maybe that is what we could see as early as
- 6:43Speaker 1: the midterms this year, if we were to get a
- 6:46Speaker 1: decentralized social media platform.
- 6:48Speaker 2: So let me ask you this if you had a decentralized.
- 6:50Speaker 1: Social media platform, would you go off of X if
- 6:53Speaker 1: you could own all your data, control everything within it,
- 6:57Speaker 1: it's yours, completely decentralized, away from the man and the algorithms,
- 7:02Speaker 1: would you make the leap?
- 7:04Speaker 2: Let me know in the comments down below.
- 7:05Speaker 1: The last time that we had a major shift with
- 7:08Speaker 1: where social was being split. Now, granted, part of this,
- 7:12Speaker 1: I think is because of the factions you have to
- 7:14Speaker 1: left and the right, Okay, and then maybe you know
- 7:17Speaker 1: people in the center that probably you know cohabitating both platforms.
- 7:21Speaker 1: But it was really when you had Twitter purchased by Elon,
- 7:25Speaker 1: Threads of course came out. This is an Instagram that's meta.
- 7:28Speaker 1: The growth here has been slow going for both Threads,
- 7:31Speaker 1: but up remember it was coming from almost zero, but
- 7:34Speaker 1: it had meta in its back pocket. Twitter, on the
- 7:37Speaker 1: other hand, has been pretty much flat and down. So
- 7:40Speaker 1: that may be the indicator here are we seeing a
- 7:44Speaker 1: time where maybe there is a shift in order that's
- 7:47Speaker 1: coming our way? All right, So one of the things
- 7:49Speaker 1: that is going to need to happen is onboarding. You
- 7:52Speaker 1: going to have to have distribution, and the real model here,
- 7:55Speaker 1: I think will come through mister Beast and mister Beasts,
- 7:59Speaker 1: of course, is doing a lot of different activations and onboarding,
- 8:02Speaker 1: and these are typical models in which he goes out
- 8:05Speaker 1: and creates ways to engage his audience. And remember the
- 8:10Speaker 1: Tom Lee partner with mister Beasts here recently. Ethereum now
- 8:14Speaker 1: of course the preferred blockchain for on chain assets. This
- 8:17Speaker 1: could translate into the financial services side or even a
- 8:20Speaker 1: social media platform over within the Ethereum network. Metallic is
- 8:25Speaker 1: now on board. Maybe all this comes together all at
- 8:28Speaker 1: once in a very critical time where our country is
- 8:31Speaker 1: needing more privacy around all of this. And let's not
- 8:35Speaker 1: forget active addresses exploding right there, active addresses exploding on
- 8:41Speaker 1: Ethereum as well as transactions. So might be the right time, guys.
- 8:45Speaker 1: Ethereum may be the play here as we look at
- 8:47Speaker 1: social media and the decentralization which has been talked about forever.
- 8:53Speaker 1: Question now is can it happen? If you like this video,
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