Latest / Live to Shoot - Defending our 2nd Amendment Rights / Is this the biggest threat to the 2nd Amendment?
Transcript
- 0:15Welcome to the Live Shoot podcast.
- 0:17My name is Jeff Dole and I've been a licensed firearm delivered the last 15 years.
- 0:21In this podcast, we talk about all things related to the Second Amendment, as well as something going on in the news or a sports story, or anything else that I might find interesting.
- 0:29So welcome, welcome, welcome.
- 0:31In this podcast, we have talked about a variety of things that are threats to the Second Amendment, whether it is.
- 0:39Activist gun grabbing groups, leftist politicians, governors activist judges, the A T F.
- 0:47Corporate entities, all of them have a threat to our, our Second Amendment rights and using various means to, to, to attack it.
- 0:57One of the most reasons was story.
- 0:59You know, we talked about this several months ago.
- 1:01but it finally came to reality last week when it was reported that Discover was actually gonna start tagging their credit card transactions that involve gun purchases.
- 1:12So there is another way that a corporate entity is starting to attack our second Amendment by really just starting to register and track who, who's buying what.
- 1:22Because the, that is the one of the first steps is.
- 1:26Who has what guns before they can start, what is ultimately their dream of confiscation.
- 1:31What I wanna talk about today is what could be one of the greatest threats to the Second Amendment and maybe all of our rights, and that is a central bank digital currency.
- 1:45So what is the Central bank digital currency?
- 1:47Well, we have talked about, you know, bitcoin and its importance on this podcast for being hard money, decentralized uncontrolled, you know unmanageable that it can't be manipulated.
- 2:00It is, it is code.
- 2:02Well, a central bank digital currency is complete opposite.
- 2:05That is basically digitizing our dollar.
- 2:08We're moving cash from the system.
- 2:11everybody is operating off of some form of digital currency.
- 2:15It, there's different talks about what it might be.
- 2:18It might be a stablecoin that's currently out there like the us U S D C or, or something else that the government has.
- 2:25And, you know, that can be scary because what that can ultimately do is give them full control of your.
- 2:33But people say, no, no, you know, that's not gonna happen.
- 2:36We're not ever gonna get away from money, cash, the dollar.
- 2:39Well, I just want, these are some read from the remarks from a Nelly Lang Liang, who's the domestic.
- 2:47The under Secretary of Domestic Finance in the Treasury Department, and these were in a remarks that she gave on March 1st called Next Steps to the Future of Money and Payments.
- 3:00So I'm just gonna read just some snippets of different things she said in here.
- 3:04So she goes, C, central Bank Digital currency is one of several options for upgrading the legacy cap capabilities of Central Bank money and there's real time payment.
- 3:14The Federal Reserve has indicated it expects to launch the Fed Now Service this year, which will be designed to allow the near, instantaneous retail payments on 24 by 7 365 basis using the existing form of Central Bank money Central Bank reserves as an enter bank settlement asset.
- 3:29In contrast, a CBC would involve both a new form of central bank money, a new form, and potentially a new set of payment rails, both real-time payment systems and cbd.
- 3:38Cs.
- 3:39Present opportunities to build a more efficient, competitive, and inclusive US payment system.
- 3:44In the United States, poly policy makers are continuing to deliberate about whether to have a CBD C, and if so, in what form it would take.
- 3:52The Fed has also emphasized that it would only issue a CBD C with the support of the executive branch in Congress and more broadly.
- 3:59The public.
- 3:59I'm not sure what that means.
- 4:01Even as policy deliberations continue, the Fed is conducting technology, research and experimentation to inform design choices so that it's positioned to issue a CBC if it were determined to be a national interest.
- 4:12She says retail CBC could contribute to a more competitive and innovative payment system support financial inclusion.
- 4:20And help preserve the singleness of the currency.
- 4:22And she goes In coming months, leaders from Treasury, the Federal Reserve, the White House offices, including the Council of Economic Advisors, national Economic Council, national Security Council, and the Office of Science and Technology policy will begin to meet.
- 4:35Regularly to discuss a possible CBD C and other payment innovations.
- 4:39And then in conclusion, she says, in summary, US policy policy makers are evaluating whether a US C B C is in the national interest.
- 4:46As part of this effort, treasury is leading an inter agency CBD C working group to support the Fed and develop recommendations related to policy objectives for which a broader administrative perspective is helpful.
- 4:58Global finance leader.
- 5:00National security and privacy, illicit finance and inclusion.
- 5:03Even as these deliberations continue, we recognize the importance of helping to shape global CBD C outcomes by actively participating in global standard setting initiatives and by sharing technologies and technological expertise with other jurisdic jurisdictions that are developing CBDs.
- 5:18So if all these remarks that she's made, it tells you one thing, they're working on it, they're going to do it, they're going to create a cbd c.
- 5:30Now, what does that mean?
- 5:31Why, what's, what's the worry?
- 5:33Well, let's look at China.
- 5:34China has a CBD C, and if you don't behave, if your social credit score isn't well, they can just ding money from your account.
- 5:45You know, here's an, you know, and, and it's not.
- 5:49Beyond reason.
- 5:50If you go back to the, the Canadian protests, the truckers, that is what Canada did.
- 5:55They went to those truckers and schlock them out of their bank accounts.
- 5:59The only way some of those truckers were able to even be able to do anything is some groups got together and started giving them Bitcoin.
- 6:06Now you're like, well, you know, you're a big fan of Bitcoin.
- 6:09Why aren't you a fan of, you know, crypto digital dollar?
- 6:15I'm, I'm a fan of stablecoin.
- 6:17Stablecoin are fine, not as our, as a centralized government controlled currency, though Bitcoin, the benefits of Bitcoin is it's decentralized.
- 6:28There's no control.
- 6:29When we're talking about central, the key in that word is the central bank digital currency that is centralized, controlled by one group, the federal government.
- 6:39And if they don't like what you wanna do, They can stop it.
- 6:43They can control your money.
- 6:45They will be able to, one, see, are you buying guns?
- 6:47Are you going in and buying guns?
- 6:50Who are you buying'em from?
- 6:51Every transaction, everything you do will be tracked and they can categorize it and they can put you in groups.
- 6:57And if you don't behave, they can just cut you off.
- 7:01They can say, Nope, you can't use your, your money here anymore.
- 7:05Oh, you're gonna have to sit out for a week and not buy groceries.
- 7:10because you've been a bad boy.
- 7:12The CBD C is something that we have to keep our eye on much like they're trackings of credit cards.
- 7:18Once they start tracking with our money, they can, one, know where the guns are and two, prevent you from buying'em.
- 7:25And three, come and get the ones that you have.
- 7:28This is, this is, we're on the precipice here of, of completely changing the way.
- 7:36Our economy works and the power of the government.
- 7:39Marjorie Taylor Green made some controversial statements about, you know, a national divorce, and I don't, she wasn't talking about civil war, but what I do believe is that we have to get back to more of a federal.
- 7:51System, meaning that everything comes back down to the states and very little control is done at the government.
- 7:59That is where, where we have gone wrong.
- 8:01We have made the government too big.
- 8:03We've given it way too much power, more power than it was ever wanted.
- 8:06And then what they want now is they want more power.
- 8:09And they're gonna keep going after it till they get it.
- 8:11And one of the, as I continue to always say in this podcast, the greatest threats to power is the armed citizenry.
- 8:18And until they can disarm us, they can't get all the power that they want.
- 8:22And how can they do that?
- 8:23A CBD C is going to be another mechanism for them to be able to do it.
- 8:28So keep this on your radar.
- 8:31Listen for stories.
- 8:32When you start hearing people talking about cbdc and in the us, what does it mean?
- 8:37Listen up, follow it.
- 8:39We'll be giving you updates on where this is going, what a CBD C would look like here in the United States because there has to be some definite controls placed around one.
- 8:48And to me that's even, you know, somebody has to control the controls ultimately.
- 8:55And who has that power?
- 8:57I don't know anybody that I would trust right now.
- 8:59Who would you trust with your money besides?
- 9:02And that's what we're talking about.
- 9:04So keep it on your radar.
- 9:06Have a great weekend.
- 9:07Share this podcast.
- 9:09You know, let other people know.
- 9:10At least tell'em you, you know, what you're learning.
- 9:12And, you know, reach out to me.
- 9:13I'm lonely.
- 9:14Sometimes I, you know, it.
- 9:15Say hello.
- 9:16Is anybody listening?
- 9:17So, you know, send me a note email.
- 9:19It says all my contacts in the show notes.
- 9:21Just let me know what your thoughts are.
- 9:22Argue with me, disagree with me.
- 9:24I don't know.
- 9:25I just wanna hear what your all's thoughts are.
- 9:27Thank you and have a great day.