Latest / Simply Bitcoin / SIMON DIXON REVEALS How The Banking System Turned You Into a DEBT SLAVE
Transcript
- 0:00I have to take people to a dark place because.
- 0:03No, let's do it. Once you know how the system
- 0:06works, you know how to win. And so here's how we win.
- 0:09We're not going to fix the system, but what we can do is.
- 0:13Absolutely. Commercial banks, they create,
- 0:16you know, dollars, pounds, euros every time they issue a loan.
- 0:20And in order to issue more loans, their first goal is to
- 0:23turn every single individual into a collateralized debt
- 0:26obligation. By getting them addicted to
- 0:29debt, either via mortgages, via credit cards, via student loans,
- 0:33via inflation that doesn't increase at the same rate of
- 0:36their wages, you effectively turn every individual into a
- 0:40debt slave. They socialize the losses across
- 0:43all the individuals of a nation, and they privatize the games.
- 0:47Your vote doesn't matter because they have access to the deep
- 0:51state. And so once you understand this,
- 0:53you realize it's a big club and you're not invited.
- 0:58And we're not in it. Yeah.
- 1:03Welcome to another episode of Simply Bitcoin.
- 1:06Irli. Haven't done one in a while, but
- 1:08I have the one and only legendary Simon Dixon.
- 1:11Thank you for thank you so much for joining me.
- 1:14Pleasure. Thanks for having me again.
- 1:15What are we going to be talking about today?
- 1:18Well, I mean, Simon, this is the first episode I've I've I've
- 1:21ever had with you personally. And I've just been a huge fan of
- 1:26all the content that you've done for, you know, not only your
- 1:28channel, but a lot of the other content creators in the space.
- 1:32And I think your view on things, especially because of how much
- 1:38time you've been in the industry, Simon, are very
- 1:41unique. And I think it's people that I,
- 1:43I think it's important that people pay attention to that
- 1:46specifically. So you've coined the term, you
- 1:49know, financial industrial complex, which kind of reminds
- 1:53me of the military industrial complex.
- 1:55And you, you're making the case that basically that is what we
- 1:58are up against. So, you know, for our viewers,
- 2:01what are you talking about when you say that?
- 2:04Yeah, so many people, I've spent probably the last 25 years of my
- 2:09life directly working in the financial industrial complex,
- 2:13fighting the financial industrial complex from both a
- 2:16political business and investing level as an activist investor.
- 2:21And that kind of drove me to Bitcoin and also academically,
- 2:26you know, teaching and and learning what this concept of a
- 2:30financial industrial complex is. And really it has captured all
- 2:35western governments. It has Co opted governments that
- 2:40effectively managed to keep their resources and build
- 2:43sovereign wealth funds. And it cooperates with sovereign
- 2:47governments like the Chinese Communist Party, which
- 2:51effectively is a government where no one is above it within
- 2:55their, you know, within their ecosystem.
- 3:00And then you've got the other extreme, which is somewhere like
- 3:03America or UK, where the government are fully subordinate
- 3:07to this financial industrial complex.
- 3:09So what does it consist of? Well, at the base layer, it is
- 3:12the creators of Fiat currency, which is the commercial banks.
- 3:16And those commercial banks, they create, you know, dollars,
- 3:20pounds, EUR every time they issue a loan.
- 3:24And in order to issue more loans, their first goal is to
- 3:28turn every single individual into a collateralized debt
- 3:31obligation. And that means that by getting
- 3:34them addicted to debt, either via mortgages, via credit cards,
- 3:39via student loans, via inflation that doesn't increase at the
- 3:44same rate of their wages, you effectively turn every
- 3:48individual into a debt slave. Now, some people take that debt
- 3:53and they purchase assets and they're able to beat the
- 3:55inflation. Most people take that debt and
- 3:58they consume and they end up in an ever increasing cycle of
- 4:03debt. And even as they succeed, as
- 4:07they become higher and higher up in a corporate ladder, then they
- 4:12end up with a better house on debt, or a better car on debt,
- 4:17or rolling over debt to purchase assets and it's just effectively
- 4:21a never ending cycle of debt. Now some people take that debt
- 4:25and they build a company and that company basically then gets
- 4:30Co opted by a cycle of the financial industrial complex.
- 4:36Initially it may be venture capital where you give away some
- 4:40of the ownership of your company to investors.
- 4:43Then maybe your company succeeds a little bit further and you get
- 4:46access to the private equity or the private credit markets.
- 4:51But the ultimate goal is to turn you into a Wall Street vehicle
- 4:56and Wall Street rapper by taking you public.
- 4:58And then once you're public, as you go further and further up
- 5:01the ladder, they try and load you up with bonds and corporate
- 5:04debt and junk bonds and various other things.
- 5:07All of them make you subordinate to a governance structure where
- 5:11you need more and more capital to grow.
- 5:14As you grow further and further, you then need to be included in
- 5:18the index funds. And as you go further and
- 5:20further up their cycle, you realize that it's the index
- 5:24funds and the investment banks and the bond market that
- 5:28controls you, your board, your governance structure and your
- 5:30mission. And so this is through the
- 5:33investment banking sector, the private equity sector, and you
- 5:38know, the, the, the venture capital sector.
- 5:41Then what happens is effectively they need a mechanism for
- 5:47investing, but they don't want to use their own money.
- 5:50They can create money through their private, you know, through
- 5:53the retail banks, but then they also want to manage people's
- 5:58money. And so they create insurance
- 6:00products, they create pension products, they create endowment
- 6:04funds where they can influence the university education system,
- 6:08they can influence the state governments.
- 6:11But effectively they manage these large pools of capital
- 6:15that gives them trillions of dollars that they can then
- 6:19allocate and dictate the flow of capital via the asset management
- 6:23industry. Finally, when they take bets
- 6:27with your money and when they create money, and they need the
- 6:31whole system to be guaranteed because the entire economy is
- 6:37subordinate to this structure. And so they have a central
- 6:41banking system. And within the central banking
- 6:44system, they effectively, every time things go wrong, they
- 6:47socialize the losses across all the individuals of a nation and
- 6:52they privatize the gains. Then they need to control the
- 6:55government. And so when the government
- 6:57effectively borrows money, they want to be the lender of the
- 7:03money and they also want to be the recipient of the money
- 7:05within their portfolio. And so we have these lobbies
- 7:09which effectively rent the Senate, the Congress, in order
- 7:15to control the politicians and direct the flow of money
- 7:18printing into their corporate entities that they own shares
- 7:21of. And then finally, they need
- 7:24wars, because what happens is once the individuals are all in
- 7:28debt and the companies are all subordinate to your debt and
- 7:32your debt capital markets and equity capital markets, and the
- 7:35government is subordinate to your debt, you need mechanisms
- 7:39for making sure that that debt continually rolls over forever
- 7:43in a Ponzi scheme because there's never enough debt to pay
- 7:47off all the money and the currency actually is debt.
- 7:50And so you need that to continue.
- 7:52And so the mechanism for doing that is effectively the military
- 7:57industrial complex, a group of military companies that create
- 8:00war. And what they do is they have
- 8:03underneath them access to intelligent agencies in the deep
- 8:06state and those deep state intelligence agencies are able
- 8:10to bribe judicial branch so they can manipulate the law in their
- 8:14favour even when they get it wrong.
- 8:16And effectively at the very top of this, they install board
- 8:20seats into all public companies. They have shares in virtually
- 8:25everything. They become the number one
- 8:27shareholders via ETFs and managing the pension money.
- 8:32And effectively, they control every aspect of government,
- 8:36every aspect of corporate, every individual that's in debt.
- 8:40And whenever it goes wrong, they socialize the losses and
- 8:43privatize the gains until eventually they dump all the
- 8:47debt on the government and the people.
- 8:50And then they need to create an inflationary cycle, reset the
- 8:53empire and go find a new world order in order to do the cycle
- 8:57again. You know, they did this with the
- 8:59Dutch. They did this with the British,
- 9:02they've now done it with the Americans, and now we're looking
- 9:05at a transition into the next structure of the financial
- 9:09industrial complex. So what do they have to do?
- 9:12They don't have to Co opt every country.
- 9:14So they partner with any country that keeps their resources and
- 9:18they get sovereign wealth funds and the ones where they can
- 9:21destroy all their resources, privatize it, securitize it,
- 9:24tokenize it, burden them with debt, destroy their currencies
- 9:28through currency wars. They effectively make their
- 9:32central banks a member of the central banks of central banks,
- 9:36which is the Bank for International Settlements.
- 9:39They burden them with that through the International
- 9:41Monetary Fund, and then they bail them out through the World
- 9:44Bank. And this is the financial
- 9:46industrial complex. Absolutely.
- 9:49Fascinating. And so many things that I would
- 9:53think are not interconnected or all interconnected.
- 9:56And I was just connecting the dots while you were talking
- 9:58about that. And it's true, BlackRock and
- 10:01Vanguard do own a big portion of every Fortune 500 company.
- 10:06It's true that essentially, you know, the Federal Reserve
- 10:09essentially bails out United States government every every so
- 10:12often. It's true that they we we see
- 10:17this trend of continuous wars and there's really no good
- 10:22explanation for it until, you know, you laid out what you laid
- 10:26out. We had what I think what really
- 10:29opened my eyes, Simon, was we had this so-called outsider that
- 10:33ran on the platform of ending the wars in the Middle East.
- 10:38You know, he he really moved the Overton window in his famous
- 10:41debate back in 2016 where he said he called out the Iraq war,
- 10:45which is something that you're not supposed to do, survived an
- 10:48assassination attempt, you know, came up with his cabinet that
- 10:51was bipartisan. He had RFK Junior, he had Tulsi
- 10:53Gabbard, and then within a year, within one year, he essentially
- 10:58transformed into George W Bush 2 point O.
- 11:01And then once again, the United States finds itself in another
- 11:04war in the Middle East. So, and Simon, please, you know,
- 11:11correct me if, if you think I'm wrong here, but it almost feels
- 11:14as if elections really don't have consequence.
- 11:18And it, it almost feels like it is not a, a country, you know,
- 11:23by the people, for the people. I think as long as there's a
- 11:27central bank in place, it's going to be a country by the
- 11:30government for the benefit of the government.
- 11:33What is your take on that? Yeah, it's one step further.
- 11:37And this is where people really get confused because I'll call
- 11:41it the FIC now, rather than the financial industrial complex.
- 11:44So the FIC also fund all the universities and the education.
- 11:48So they turn doctors into drug dealers, they turn economists
- 11:55into debt dealers. And they basically Co opted all
- 12:02of the economic models that came from previous literatures.
- 12:07And they kind of said, you know, the world is either socialist,
- 12:12communist, capitalist or fascist and the Wall Street controls
- 12:17them all. Also, all of them, they
- 12:19engineered and created them through wars, but it's a forced
- 12:23illusion and so people look at these different models and they
- 12:28think it's the government. The government has two functions
- 12:32in a system that's fully captured by FIC.
- 12:36The first function is they are a Piggy Bank.
- 12:40Their job is to create a new narrative of how the money gets
- 12:45from the money printer or any budget that they benefit through
- 12:49the bond market, through the government there over to the
- 12:52corporate sector. And they just need to say
- 12:55whatever. If you're on the left, you say
- 12:57social programs, who manages those social programs?
- 13:01The big insurance companies and the FIC.
- 13:03And then if you're on the right, you say, oh, let's create a
- 13:07deregulated environment. And and then in that deregulated
- 13:12environment, you reallocate all the money over to favourable
- 13:17terms for the FIC. And so the fit goes on in M and
- 13:20a spree they're able to monopolize further.
- 13:24Miraculously, they pretend they're trying to like be
- 13:27conservative and pay down the debt.
- 13:29But because the dollar is debt, because money is debt, you can't
- 13:33pay it down. And so you have these little
- 13:35gains like the Department of Government efficiency where they
- 13:38pretend they're going to pay down the debt.
- 13:40And what do they end up doing? They actually end up just giving
- 13:43all the data to their portfolio companies like Palantir because
- 13:47they control the surveillance state and the technical
- 13:50industrial complex, the Dick, and they put budgets from the
- 13:54Pentagon over to the military industrial complex, the Mick,
- 13:57and they own shares in all those companies.
- 14:00And so the government is a Piggy Bank for the financial
- 14:04industrial complex. They got.
- 14:06They receive all the yield on the bonds, they manage all of
- 14:08your money and they control the government's.
- 14:11The government also performs a second function, which is that,
- 14:16well, a couple of functions. 1 is that they create an illusion
- 14:20that they, the, the budget that they need is from your tax.
- 14:25Tax is actually just a way of taking money out of the set the
- 14:28system and dampening inflation. And so if you want to control
- 14:33the inflation to a certain degree, you need to find new
- 14:36ways of taxing people and that takes money out of the system to
- 14:39dampen some of the inflation. But they never use it to balance
- 14:43their budget because it's particularly in America, the,
- 14:46the, the, you know, the dollar is the debt, the currency is the
- 14:49debt. And the largest export of the
- 14:51fake is debt. And that's why, you know, you
- 14:54got up to almost 40 trillion in the case of America.
- 14:58The third thing they do is they create a narrative where people
- 15:02think they have a democracy and they get a say in that their
- 15:05vote matters. Your vote doesn't matter because
- 15:10they have access to the deep state and the deep state
- 15:13engineers and controls the media and the media creates A
- 15:16strategic tension of left and right.
- 15:19And so they just go ping pong left to right and throughout
- 15:23that, and they're a battering ram.
- 15:25Their job is just to create a narrative.
- 15:28And each time they create a narrative in a new election, you
- 15:32get pissed off and think you need to regime change.
- 15:35And so you regime change and you either go further to the left,
- 15:37further to the right, and you keep going and you look and you
- 15:40blame the politician. They're so stupid, they're
- 15:43incompetent. Most of them are highly
- 15:46competent that you just don't know who they work for.
- 15:48They work for their lobbies. And so whenever I look at a
- 15:51politician, I just go down the list of who their largest
- 15:54funders are and I predict what I think the agenda is going to be.
- 15:59So the government are a battering ram, a mechanism for
- 16:03damping inflation through tax, and a Piggy Bank.
- 16:07Their job for the FIG is to dump all the debt on the people and
- 16:12make sure that that money goes into propping up their share
- 16:15prices until they control the most of the assets.
- 16:20And so governments are irrelevant other than performing
- 16:22that function for the FIG and people.
- 16:26People get very confused by that.
- 16:28Yeah, no. And it and it's extremely
- 16:30confusing, Simon, to to say the least.
- 16:32And I, I, you know, I really, you know, for me, I even, you
- 16:37know, and I've been in Bitcoin for a decade, but I even went
- 16:40fell for the, for the, you know, because I saw it, you know, you,
- 16:44the questionable 2020 election and then, you know, Trump, the
- 16:47assassination attempt, the epic picture of saying him fight,
- 16:50fight, fight, fight, fight. So I even fell into the whole,
- 16:54you know, left and right kind of debate.
- 16:57But what I've come to realize this year, and I think you've,
- 17:00you've really had your, your, your finger on the pulse on this
- 17:03for a very, very long time now, is the elections are
- 17:07inconsequential. There is no left and right.
- 17:09I completely agree with you in terms of the legacy media being
- 17:13used as a tool to divide and conquer.
- 17:16Right. When the left is in power, the
- 17:18right wing media is like, it's the left fault.
- 17:20When the, when you know, when the right is in power, the left
- 17:23wing media goes and it's the right, the right's fault, the
- 17:26pendulum swing, so to speak. But that, that mechanism that
- 17:33you just described continues, you know, continues doing what
- 17:37it's doing. Why do you think not enough
- 17:41people have woken up to this reality?
- 17:43Because for me, it was really this year that I, I really woke
- 17:47up to it. Like I, I didn't have a lot of
- 17:48faith in elections before. I think as a Bitcoiner, you,
- 17:51you, you inherently, you know, believe that, you know, the
- 17:54solution to this is to opt out, putting your Bitcoin into self
- 17:57custody. That's really the most powerful
- 17:59vote you can make. But do you think that the
- 18:03Overton window is shifting enough?
- 18:04Do you think that people are finally coming to to that
- 18:07realization? Because from what I'm seeing is
- 18:11Trump's base is completely divided at this point.
- 18:14You have, you know, independent media like Tucker, like Candace,
- 18:18you know, like the big ones, right?
- 18:20They're they're basically saying like Trump, what are you doing?
- 18:22You know, you, you, you, you betrayed your base.
- 18:24And then you turn on Fox News, you live in a different reality.
- 18:28You know, they're like cheerleading him along it.
- 18:29It it's it's it's it's. Looney Tunes.
- 18:31It's crazy. So is the Overton window
- 18:35shifting? Do you see people waking up to
- 18:40this reality? Are they still kind of stuck in
- 18:42this matrix? I think people have been more
- 18:46awake than they ever have in their lifetime, but it's
- 18:49generational. So a change in an empire is not
- 18:52really something we all live through.
- 18:54Most people die before an empire changes.
- 18:56So everybody that's await today is finding out what a regime
- 19:00change looks like. And the FIC is executing A
- 19:03regime change right now. And So what that looks like is
- 19:08things like we are experiencing, you need to the British people
- 19:14up until World War One and through World War One and World
- 19:17War 2, they thought that the Brits were civilizing people,
- 19:23exporting democracy and they were beacons of freedom and
- 19:28goodness and civilization. And then when we had World War
- 19:33One and World War 2 and there was a regime change from the
- 19:36Bank of England to the Federal Reserve, from the, you know, the
- 19:40Dutch East India Company to the British East India Company to
- 19:44the military industrial complex in America, and then later
- 19:48BlackRock State Street in Vanguard people.
- 19:53You know, it's not until the end that you realize, oh, the
- 19:56British Empire was evil. And then their history books are
- 19:59rewritten. And then you have to go through
- 20:02a undo all of the media manipulation and education
- 20:06manipulation that you did to make people think that they were
- 20:10doing good through through this whole time.
- 20:12And so we're going through a re education camp within America
- 20:17now. That's not because they're like,
- 20:19OK, we need to change America. Is because they're
- 20:22systematically doing a managed transition away from dollar as
- 20:28world reserve currency to a world of multi polarity.
- 20:33And so within that you need to deconstruct everything that
- 20:36propped up the dollar. There are several mechanisms
- 20:39that propped up the dollar. One of them is the Japan carry
- 20:42trade, which was leftover mechanism from World War 2 when
- 20:46you installed the Bank of Japan. There was also the installation
- 20:52and regime change around the German central bank after the,
- 20:57you know, the Hitler regime was taken out.
- 20:59The governor of the Federal Reserve was also his brother.
- 21:03The Wahlberg family was also the the leader of the rice bank, the
- 21:08German bank. So Wall Street was effectively
- 21:12funding fascism. It also executed A regime change
- 21:16within Russia, where it replaced the SAR with the Soviet Union
- 21:20and created the Communist Manifesto that was funded by
- 21:23Wall Street. They also switched over to the
- 21:26Federal Reserve System. So you had fake capitalism,
- 21:30communism and fascism, and that made the strategic tension and
- 21:34the justification for all the war.
- 21:36Then you need a narrative. You need the Soviets to believe
- 21:40that they're fighting. You need the fascists to believe
- 21:43that they're fighting. You need the capitalists to
- 21:47believe that they're fighting. And you need them all to believe
- 21:50that they are effectively in a holy battle for good.
- 21:54And they're on the right side of history.
- 21:57So you write history to that effect.
- 22:00And so the American empire was built upon that, but now they're
- 22:04deconstructing it. So you break the Japan carry
- 22:07trade, you break the euro dollar, which was based upon
- 22:10Germany being a manufacturing base and that required cheap
- 22:14energy and you break the Petro dollar, which is what we're
- 22:17witnessing right now. You also have to regime change
- 22:21some of the powers that propped up the dollar, the quote UN
- 22:24quote deep state, which was covert wars all around the world
- 22:29via funding mechanisms like USAID and the National Endowment
- 22:33of Democracy. You say you install someone as
- 22:37president that's taken down the deep state, and when you take
- 22:41down the deep state, you take down the constructs that propped
- 22:45up the dollar. So it looks like you're doing
- 22:48good. That was the doge operation.
- 22:50Then you also need to have a mechanism for ruin every
- 22:55relationship that propped up American hegemon power, and that
- 22:59was tariffs. And so tariffs renegotiated
- 23:03every relationship, made all the small, many small businesses in
- 23:06America go bankrupt because it was a tax on American small
- 23:10business, allowed foreign organizations to put
- 23:14transnational capital to purchase infrastructure that was
- 23:18going bankrupt as a result of the exports and tariffs, and
- 23:22also drove everyone towards China's manufacturing base.
- 23:26And so you need to frame America as a destabilizing force and
- 23:32China as a beacon of stability. And so there's been lots of
- 23:36operations. Terrace was the perfect one to
- 23:38do it. Then you need to systemically
- 23:41wipe out the morality of what people believe.
- 23:44That was the Epstein files. And so by releasing the Epstein
- 23:47files, you make everybody understand that much of this
- 23:52blackmail network, the propped up corporate America, was
- 23:57actually an evil blackmail and paedophilia ring.
- 24:02And actually it was weapons trafficking, humans trafficking,
- 24:05sex trafficking and everything that people, normal people think
- 24:08are disgusting. And you effectively destabilize
- 24:12the empire. Then you need a global reset
- 24:15event. That's what we're experiencing
- 24:17right now, which is the closure of the Strait of Hormuz, which
- 24:22leads to the changing and repricing of 50 different
- 24:26commodities, energy, and that sets the new world order.
- 24:31So in the 15th of May, 20 this year, Trump will be meeting with
- 24:37Xi Jinping. And the outcome of that was
- 24:41effectively will be the next World order that will mark the
- 24:45change. And Trump delivered that.
- 24:48Because then you look at, well, who benefited from this?
- 24:51You have a look. Well, it was the countries that
- 24:54actually had nationalized oil, that's Iran and Russia.
- 24:58It was the country that had the manufacturing base and
- 25:01everyone's exports were dependent upon.
- 25:03That's China. And then it was the private
- 25:07corporate interest that managed to get new LNG contracts and new
- 25:13oil contracts. That was Chevron, Exxon, Shanir
- 25:18Energy, which is 70% owned by Qatar, 30% owned by Exxon, and
- 25:24Golden, sorry, Golden Pass is 70% owned by Qatar and then
- 25:27Shanir Energy as well. And so when Trump says we're
- 25:32kicking ass, we're taking on China, we're closing the street
- 25:37and we're getting all the energy, America has all the
- 25:41solution. America doesn't have a sovereign
- 25:44wealth fund. America doesn't benefit from it.
- 25:47American private corporate interest or big oil, which
- 25:50represents 1% of GDP benefits, but 60% of GDP, which is the
- 25:55American people suffer because they pay the inflation which
- 25:59just came in at 4%. And then they also pay the
- 26:03increase in the debt which is about to come in at 40%.
- 26:07And where did that money come from?
- 26:08The military industrial complex. They got 1.5 trillion stimulus
- 26:13check. The financial industrial
- 26:15complex, they own all of the different companies and they get
- 26:19a concentration of power because this will lead to a big print
- 26:22just like after the global financial crisis.
- 26:27And what else will happen? Well, the civil unrest that
- 26:29results from this food insecurity, you know, supply
- 26:34chains that breakdown lockdowns, his operation warp Speed 2 point
- 26:39O, just like Trump did in in term one.
- 26:42Who benefits from that? The technical industrial complex
- 26:45with their police and surveillance state.
- 26:47So what did Trump do? He put the PayPal mafia in
- 26:51through the Department of Government Efficiency.
- 26:52He created effectively what is now a social credit score
- 26:56through X and now, and now today they announced that everyone's
- 27:01going to be trading and doing financial services and stable
- 27:04coins through X. That's your social credit score.
- 27:07They'd said freedom of speech, but not freedom of reach because
- 27:10they weren't censoring anymore. They wanted us to talk so we
- 27:13could build our score. They then did Genius Act and
- 27:16Clarity ACT. They did stable coins and then
- 27:20they handed over the yield to the banks and the financial
- 27:23industrial complex. The tech companies needed to
- 27:26apply for banking licenses in order to pay yield on their
- 27:29stable coins. So they had to join the Federal
- 27:32Reserve System, which is the number one shareholder of the
- 27:35Bank for International settlements effectively.
- 27:39And you know, and and also you get the stimulus check for the
- 27:43military, the massive money printing for the FIC and then
- 27:48the police and surveillance state for the tick.
- 27:50Who is Trump funded by? Now?
- 27:52Let's look at the lobby that installed him.
- 27:54The number one funder was Elon Musk.
- 27:59So Elon Musk got, you know, he got his, he's a node in the
- 28:03tick. The second biggest funder was
- 28:06the banking dynasty of the Mellon banking family, Thick.
- 28:10And who was the third largest funder?
- 28:12Maria Meadleston. Maria Meadleston is connected
- 28:14with Israel. Israel is a node for the Mick to
- 28:17create war in the Middle East. And so you get a mixed stimulus,
- 28:22a fixed stimulus and a tick stimulus.
- 28:25So Trump's job is just to take all of this and make it look
- 28:30like it's for the American people.
- 28:32MAGA. And then you get psyops by the
- 28:34CIA like you where people think he's playing 5D chess so they
- 28:40start publishing every move and his MAGA base just becomes the
- 28:45the lowest denominated idiot in the end because things just get
- 28:49worse and worse and worse. And then suddenly you say, well
- 28:53he's working with China, he's working with Russia.
- 28:56And lo and behold, we get a multipolar world and he is
- 29:01delivered. Now he will be known as like a
- 29:05traitor. He created a war.
- 29:07Everyone will be confused. That's because you thought he
- 29:10worked for the American people. He worked for the FIC, and he
- 29:13did a great job for the FIC. And everything he's doing is
- 29:15rational because they're cashing in and they're doing incredibly
- 29:19well and the people are paying the debt and they get the
- 29:22inflation. And so once you understand this,
- 29:26you realize it's a big club and you're not invited.
- 29:31And we're not in it. Today's episode is brought to
- 29:34you by Bitcoin Well, infinite. If you're a serious Bitcoin
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- 30:27infinite@bitcoinwell.com. Simon, so you're blowing my mind
- 30:33right now and a lot of these things, again, I'm connecting
- 30:36the dots while you're talking. And again, it explains a lot of
- 30:38the actions, right, that he's making at it again, as you said,
- 30:41are confusing, right? They don't kind of make sense.
- 30:45Who But you, you did describe earlier on in the in the
- 30:48conversation how this has been happening since like basically
- 30:53it was World War One, then World War 2.
- 30:55And it's kind of like this kind of regime change that happens
- 30:58every, every cycle. Who, who, who are the puppet
- 31:01masters here? Like, who are the the main
- 31:04beneficiaries these like, you know, rich families?
- 31:08Were they based out of like, you know, who?
- 31:10Who's really pulling the strings?
- 31:13Yeah. People want to think that this
- 31:15is some organized cabal that never changes.
- 31:18It actually is a ruthless game of backstabbing and it is a
- 31:23governance structure more like a mafia.
- 31:26If you continue to add value to the mafia, then you continue to
- 31:29rise in the mafia. If you don't, if you don't
- 31:33continue to provide value to the mafia, then you get knocked down
- 31:36the mafia. And what does that look like?
- 31:38Well, everybody as they climb the ladder needs to be
- 31:40integrated into a compromise network.
- 31:43And so that's why you saw so many names in the Epstein files.
- 31:47You know, there are blackmail networks, there are compromise
- 31:50networks, but mainly it's done through capital.
- 31:53So then you look at who's on top of capital.
- 31:56Well, originally, and it was the Dutch, you know, it was the
- 31:59Dutch that created this construct with the Dutch East
- 32:01India Company, the limited liability company, the stock
- 32:05market and the bond market that came from the Dutch Empire.
- 32:10Then when the Brits created a superior military fleet, they
- 32:15took over the constructs. We had the British East India
- 32:18Company, we had the Bank of England and we bankrupted the
- 32:22British government. And then once we got to the
- 32:24bankruptcy phase, you need a change of empire.
- 32:27So World War One was that. And so during World War One,
- 32:30effectively you created what later became Israel by the
- 32:35Rothschild family. And you know, that was to
- 32:39destabilize the Middle East and get access to oil.
- 32:42You then did the Bolshevik Revolution, which was to get
- 32:45access to Russia's oil and then you you then you created the
- 32:50Bank for International Settlements to manage Germany,
- 32:52reparations into the British Empire and the American Empire.
- 32:58And then the Federal Reserve System was the precursor to
- 33:00making all of that happen. Then you needed a pump cycle,
- 33:05which was a debt leveraging event, the 29 cycle.
- 33:08Then you needed a Great Depression where the Fed rug
- 33:10pulled everybody and ended up concentrating all banks into a
- 33:14smaller and smaller number of banks rug pulling everybody's
- 33:18wealth. You go into a Great Depression,
- 33:20which is effectively A wealth conversation exercise.
- 33:25You steal everybody's gold, you take Germany's gold, you take
- 33:28the British colonial gold, you take Russia's gold, you put it
- 33:32in the Fort Knox and the Fed. And then you steal the American
- 33:37people's gold by making it where they have to hand it in and gold
- 33:40ownership illegal. And then you effectively need a,
- 33:46a World War 2, the winner of the war gets to rewrite history.
- 33:50So everything we were told about World War One and World War 2
- 33:53was completely false. But then you have an event, a
- 33:58new, a new world order as it were, which was Bretton Woods.
- 34:02And so Bretton Woods effectively was, well, you have this
- 34:07military industrial complex. Now what happened at that time?
- 34:11You had the wealthy European families, the the Rothschilds,
- 34:14the war birds, all the legacy, you know, the Medici families
- 34:19and all these various wealthy families.
- 34:22They became the shareholder class in the managed transition.
- 34:26And so they ended up with shares in many of the banks, many of
- 34:29these different things, but then a different, you know, a
- 34:34manufacturing base and the military companies, Lockheed
- 34:37Martin, General Dynamic, Raytheon, Boeing, they all
- 34:41became really important. And so you manufacture strategic
- 34:44tension, communism versus capitalism, the Cold War.
- 34:48This is to make sure that you can continually fund wars.
- 34:52And, and then we entered into that power change.
- 34:55Now what happened is when they entered into the Korean War and
- 34:59then the Vietnamese war based upon the communism versus
- 35:03capitalism argument, they funded Europe, they split it up, and
- 35:08you know, they funded the rebuild on both sides.
- 35:12They effectively entered into a phase of bankruptcy, which was
- 35:171971. They regime change JFK into
- 35:21Lyndon B Johnson. Lyndon B Johnson started
- 35:25continuing the Vietnam War. The Vietnam War bankrupted the
- 35:29US government. And then what they said is now,
- 35:32you know, that promise that we made where everyone can convert
- 35:35their dollars into gold at the IMF, You know, we kind of can't
- 35:39do that anymore. So everybody changed it where
- 35:41your currency is not backed by gold, your currency is backed by
- 35:44dollars, Our dollars are backed by gold, but now you can't
- 35:48exchange them for gold. And so we entered into the next
- 35:52cycle, which was the Petro dollar.
- 35:54So now you had military being important, legacy finance being
- 35:58important, and the shareholder class.
- 36:01But when they managed to actually default and remove the
- 36:04gold standard, we entered into the rise of FIG as a primary
- 36:08power. Now what they needed is a
- 36:10mechanism for propping up the debt.
- 36:13And so they created the Petro dollar.
- 36:15This is when the CIA assassinated King Faisal.
- 36:19Israel pushed and created a destabilization force in the
- 36:24Middle East. You had the Yom Kippur War, King
- 36:27Faisal then did an oil embargo that led to that the in 1973,
- 36:32the stagflation. And that also led to an
- 36:35intelligence network called Safari Club that laid the
- 36:38construct for what later became 911 via Saudi intelligence,
- 36:42Israeli intelligence and the CIA.
- 36:45And then they created the fake War on Terror as the next
- 36:49mechanism so that you could always have strategic tension in
- 36:52the Middle East and push the narrative away from communism
- 36:57versus capitalism to the War on Terror.
- 37:01But it was propped up by the Petro dollar.
- 37:03You had to ensure that none of the countries in the Middle East
- 37:07could unify around their oil resources.
- 37:10And King Faisal was the last one that did that.
- 37:13So they assassinated regime, changed and created the Petro
- 37:16dollar at the Petro dollar said every time you purchase oil in
- 37:21dollars, you must purchase U.S. Treasuries, lend it back to the
- 37:26US government so that we can roll over the debt based Ponzi
- 37:30scheme and effectively that went right through to Trump
- 37:34administration. One, the debt went spiraled,
- 37:37spiraled, spiraled. We had the fake War on Terror.
- 37:41We had 911 in order to justify the narrative that led to
- 37:45Patriot Act. Then you had a fake anthrax
- 37:49operations to say it was Saddam Hussein and Iraq.
- 37:52Then you had Iraq, Sudan, Libya, you know, all everything that
- 37:58led to basically Iran, where we are right now.
- 38:02All of that was a mechanism for rolling over the Ponzi scheme
- 38:07and extracting wealth and dumping all the debts on the US
- 38:11government so that the American people could pay for it.
- 38:14That creates extreme wealth inequality.
- 38:18And you had complete subordination of government by
- 38:22the FIC because as soon as you went away from the the the gold
- 38:27standard, there was no, there was no resistance on the debt.
- 38:31There was no mechanism for any country doing anything.
- 38:35So then you had the bowl of milkshake theory where all of
- 38:37the countries were lending and buying treasuries.
- 38:40Treasuries became the most liquid and backed up by the
- 38:43petrodollar. But what happened during Trump
- 38:46administration? One massive change, America
- 38:51became an an, an energy exporter and energy neutrality that broke
- 38:57the Petro dollar. And so the deep state,
- 39:00effectively the UNI party had to regime change from that moment
- 39:05because now what was happening, the Gulf countries, America
- 39:11didn't need the Gulf countries for energy anymore.
- 39:14And so now you've got America competing with the Middle East
- 39:19to export their energy, oil and LNG.
- 39:23And so where does the Gulf, where did the Middle East go?
- 39:27Well, remember China joins the World Trade Organization and
- 39:32effectively America said about asset stripping all the American
- 39:37people and hike creating a hyper financialized economy.
- 39:41They wanted to financialized, securitize and later tokenize
- 39:44every aspect of America. And then they outsourced all the
- 39:48manufacturing to China. And so China built the
- 39:51manufacturing base to the point where the military industrial
- 39:55complex couldn't create a weapon without China.
- 39:58And so China then managed to get all the rare earth minerals with
- 40:02Africa and all these different things that we're seeing right
- 40:04now. And the military industrial
- 40:06complex game fully subordinate to FIC.
- 40:09And FIC now didn't need the Petro dollar.
- 40:13And the Gulf sovereign wealth funds, where were they getting
- 40:15all their money? They were selling all their
- 40:16energy to China. So China now says, hey, we don't
- 40:21want a Middle East that props up the Petro dollar for America.
- 40:24We're going to create bricks and de dollarize.
- 40:28And so the UNI Party said about creating a managed transition
- 40:32away from the Petro dollar system by strategically
- 40:35weakening the dollar. So they broke the Japan carry
- 40:37trade slowly, they used Trump in order to ruin the European
- 40:41relationship with NATO, and then they broke the petrodollar with
- 40:46the, you know, with the Gaza genocide in the Iran war.
- 40:53Lots to unpack there, Simon. I, I want to take, you know,
- 40:57because I want to take the rest of the podcast to insert a
- 41:01little bit of optimism in here because I clearly, you know, as,
- 41:06as you've so eloquently described and how I've noticed
- 41:10as well, clearly, you know, the American people or I would say
- 41:14most people in their countries don't really have control over
- 41:18the destiny of the future of their countries.
- 41:20I think, I think we can all agree to that at this point.
- 41:23It's clearly undeniable. But what I would say is, Simon,
- 41:28I think there's two elements that I'm seeing that I think
- 41:32I've I've changed the game, so to speak.
- 41:36First was the rise of social media and the ability for us to
- 41:41have these types of conversations and then these
- 41:43types of conversations directly sent to our viewers, therefore
- 41:48bypassing the gatekeepers of information that I think the
- 41:51governments were used to having for, I would say, until the age
- 41:55of social media. And you saw how much pushback
- 41:57they really gave when, when when the majority of people started
- 42:01consuming information via social media rather than the legacy
- 42:04media. And then the other, I would say
- 42:07pivotal shift that I think is coming is the disintermediation
- 42:10of kind of money and state, right?
- 42:12And I think we're in the very early innings of that.
- 42:16Do you think that those two things, the disintermediation of
- 42:19information and the disintermediation of money are
- 42:23going to play a role in people really getting reclaiming back
- 42:28their financial sovereignty? And when, when I mean that, I
- 42:31don't mean, you know, reclaiming back, you know, the, the, the
- 42:34nation state, I think the nation state is an, is an aged model
- 42:38and in, in, in my view, but really reclaiming financial
- 42:43sovereignty over themselves. All right.
- 42:45And and then of course, that gives them the ability to vote
- 42:47with their feet, go to more favorable jurisdictions.
- 42:51Where is Bitcoin fit into all of this?
- 42:54Like what? What?
- 42:55What's your take? Yeah, absolutely.
- 42:59I have to take people to a dark place because once you know,
- 43:05once you know how the system works, you know how to win.
- 43:09I want to give a shout out to our partner, Leaden.
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- 44:11The biggest problem in the world is that the people that are
- 44:14winning, those that control the FIC, which is, as I said, a
- 44:19network of wealth that is transnational.
- 44:23It doesn't have an America First agenda, it doesn't have a
- 44:26European first agenda, it doesn't have a UK first agenda,
- 44:30It doesn't have a Canada, Australia First agenda.
- 44:33It is complete asset stripping for the FIC.
- 44:36OK. Once you know that, you realize
- 44:39so our government are captured. They don't work for us.
- 44:42That's not going to change. You're not going to change it.
- 44:45The only way you change it is by playing the rules that they play
- 44:49by. And the rules that they play by
- 44:52is that they buy the politicians.
- 44:55And that's what the lobbies do. They know that politics is a pay
- 44:59to play system. And so that's the only game that
- 45:03you can win. You vote with your money.
- 45:06Now, immediately most people think, well, I don't really have
- 45:09any money, you know, I mean that or I've got money, but what do I
- 45:14do? I think the most important thing
- 45:18to understand is that the wealthy are going to change the
- 45:20system. So you're either wealthy or
- 45:23you're not. But it is only the wealthy that
- 45:25get to play the political game. Once you know the rules, you
- 45:28focus where you can make a difference.
- 45:31How do you impact the wealthy? You impact the wealthy by
- 45:34boycotting the constructs that allow the FIG to have their
- 45:38power. And that's what everybody can
- 45:41do. Everybody can do it.
- 45:44When I first discovered how this system works, and there's been a
- 45:47life obsession for 25 years, the first thing I tried to do was
- 45:54get involved in politics. And then I realized that the
- 45:57politicians weren't going to listen to anything.
- 45:59I was asking politicians to change the system when they were
- 46:02being paid by the people that I was trying to take their power
- 46:05away from. Useless.
- 46:08So then I tried to like be involved in a, you know,
- 46:13teaching at the educational system.
- 46:15I got chucked out of London School of Economics.
- 46:17I got chucked out of Birkbeck. I got chucked out of the
- 46:20University College of London. You know, they just the, the
- 46:25university was the establishment.
- 46:27They don't even teach you how money works in reality in
- 46:31economics because they're they're training you for the
- 46:35debt based system for the fig. So then I said why don't I
- 46:38create my own Bank of a non fractional Reserve Bank where
- 46:41people could own their money. I got rejected by the Bank of
- 46:45England. They said you need $60 million
- 46:47to continue this business plan 60,000,000 lbs.
- 46:51And then they said, and also you need to build it on top of
- 46:56another bank. So they said you can you build
- 46:57it on Barclays. So so I'm saying, so I want full
- 47:00reserve, but I need to take my customers full reserves and put
- 47:03them in a fractional Reserve Bank so that they get the money.
- 47:07OK, yes, that's how the system works.
- 47:08So all right, so then I was like, can I get direct access to
- 47:11the Bank of England? And they said, no, you've got to
- 47:14have a full banking license. So basically then I realized
- 47:17there's no point in that. And this is the point when I
- 47:19discovered Bitcoin. This was 2011 and I was invited
- 47:23to the first Bitcoin in Prague and Bitcoin was about $3.
- 47:28And I realized, wow, this technology exists outside the
- 47:32system. It was all the things I was
- 47:34trying to create in a bank. Money you can own, money you can
- 47:36spend, and the money that has a fixed supply that takes on the
- 47:40central bank from the debasement and money printing.
- 47:45So then I said about investing in all the companies and I
- 47:49invested in Coinbase, Kraken, Bitstamp, Bitfinex, Circle, over
- 47:54100 different companies in the sector.
- 47:57They all became went public and became banks and so they became
- 48:00a part of the establishment. Then I started looking at
- 48:04investing in other people. They all became Bitcoin treasury
- 48:06companies and subordinates to Wall Street.
- 48:09Then I started looking at how can I use my Bitcoin and I put
- 48:13some money in Celsius and realized that these are all
- 48:17scams as well that are trying to get you to borrow against your
- 48:19Bitcoin. And I just went through the
- 48:21whole cycle and realized that our our sector keeps getting
- 48:25sucked in and sucked in. And then they, they came the
- 48:28mechanism for getting everyone to leave their Bitcoin in
- 48:31custody with Coinbase and a BlackRock ETF.
- 48:34And BlackRock ended up with the most profitable ETF based upon
- 48:38Bitcoin. And everyone kept buying micro
- 48:41strategy shares or a Bitcoin ETF and then borrowing against their
- 48:44Bitcoin. And then everyone was giving
- 48:47Wall Street more power with their Bitcoin.
- 48:50And so here's how we win. They will use Bitcoin to make
- 48:54their system more powerful. I've submitted to that.
- 48:57We're not going to fix the system.
- 48:59But what we can do is opt out and boycott the system, which is
- 49:02exactly how Bitcoin was designed.
- 49:05So you can home mine if you want to compete with the central
- 49:08bank, you can hold it in self custody if you want to compete
- 49:12with the custodians, and you can buy Bitcoin if you want to
- 49:15compete with the Fed. And then you can take your
- 49:18wealth and you can join a lobby if you want and try and change
- 49:22the system once you're wealthy. Or you can just opt out of the
- 49:25large fake portfolio companies and go local.
- 49:30Support your farmers, support local spending, support your
- 49:33local communities wherever you can.
- 49:37Don't borrow against your Bitcoin unless it's part of a
- 49:39managed plan and it's a minority of it.
- 49:42So you can boycott the Fed by earning Bitcoin.
- 49:44You can boycott BlackRock by holding it in self custody
- 49:47rather than ETF. You can boycott the banks by not
- 49:50borrowing against it. You can boycott transnational
- 49:53capital, multinational institutions by building your
- 49:58own parallel supply chains. Once you become sovereign.
- 50:02Get out of cities, go urban like, build your own parallel
- 50:05systems, parallel networks, build your own decentralized
- 50:09social media platforms. We contribute to that.
- 50:11Invest in companies that are investing.
- 50:13The real battle, there is no borders, there is no country.
- 50:17This is a technical industrial complex, police and surveillance
- 50:21stay that is being built by FIC. And the best you can do is exit
- 50:27and just don't support it. And we were given that gift.
- 50:30Satoshi Nakamoto open source, this project, I believe
- 50:34originally this was meant to be intelligence agency project and
- 50:38it was got it it. It came out as open source code
- 50:42and that open source code had many, many infiltration attempts
- 50:46at centralization. There were hard forks to try and
- 50:49put us onto a new chain that were trying to get us into
- 50:53stable coins. There were attempts to
- 50:56centralized developers through funding different companies.
- 51:00There were every attempt. There was centralization and
- 51:03mining. There was all sorts of stuff.
- 51:06But the network remained as decentralized as it could be.
- 51:10Where there was a geographically diverse network of Bitcoin
- 51:14miners in countries that hosted in countries that hate each
- 51:18other. Some private, some public, some
- 51:21sovereign, some national, some international, some
- 51:25decentralized around different structures.
- 51:28We managed to keep the node networks where we could keep the
- 51:30miners accountable as long as you run your own node.
- 51:34We were able to fight back against the custodians by opting
- 51:38out at the exchanges and every time someone left it in an
- 51:41exchange, they got RUB pulled and they started rebuilding in
- 51:44self custody, having more resilience by owning their own
- 51:48Bitcoin. And when every time they tried
- 51:51to infiltrate the developers. We get competing
- 51:54implementations, we get competing node structures, we
- 51:58get hard forks, soft forks, we get an open source boardroom.
- 52:02When we take our eye off the ball, somebody comes along and
- 52:05says, hey, why were they doing these things?
- 52:09You know, why was who are the developers?
- 52:12We need to understand more about them and suddenly we get all
- 52:14those attention. So all this to say, I am
- 52:17extremely hopeful and grateful that we are able to exit, we are
- 52:24able to boycott. And I spent my whole life and it
- 52:27wasn't until 2011 that I discovered there was actually a
- 52:31way of doing it. And anybody can do it.
- 52:35And all you need to do is implement some simple rules.
- 52:38Spend less than you earn, invest the difference in sovereign
- 52:42assets. If you want to do a gold in self
- 52:45custody, fine. The Bitcoin in self custody is
- 52:49where you can exit your country when your country gets too
- 52:52oppressive. You can send it to anyone in the
- 52:55world when you want to support new supply chains anywhere in
- 52:58the world. You can self mine from anywhere.
- 53:01You can take cheap energy in one country and you can plug into a
- 53:05self mining network. You can memorize a phrase and
- 53:09you can take that with you wherever you want to go and
- 53:11nobody can take it unless they physically get you.
- 53:15You can spend it in a innocent until proven guilty system and
- 53:20no central bank can debase it. That changes the world for you
- 53:26if you use it the way Bitcoin was originally designed.
- 53:29But they're going to try and steal it.
- 53:30They're going to sigh up you into custodians and
- 53:33centralization and we've all learnt it.
- 53:35I fell for them all. The reason I can share this is
- 53:37because I've done everything wrong in Bitcoin in my 15 years
- 53:41of being involved, so I have massive hope.
- 53:44And what is the future of the world?
- 53:47The future is decentralization, no doubt about it.
- 53:50We need decentralized social media.
- 53:52We need to take what we did in Bitcoin.
- 53:54We need to take level layer two payment networks.
- 53:58And the only people that are going to make this are sovereign
- 54:01individuals, sovereign companies and sovereign countries.
- 54:04And as these big constructs breakdown, have no doubt about
- 54:08it, this is the deconstruction of federal government structures
- 54:14replaced with transnational control grids.
- 54:18It's only the people that are opt out that are going to have
- 54:20the the skills of owning their own private keys and the
- 54:24security of knowing how to protect themselves.
- 54:27And there's only going to be a few people that do that, sadly.
- 54:30And you're the ones that are going to be the elites that
- 54:32effectively bring a new form of responsibility.
- 54:36And so build those parallel systems because it's at the end
- 54:40is you, your family, your community and the people around
- 54:43you and the the systems you build.
- 54:45And Bitcoin is the base layer for that.
- 54:48Amen. I, I absolutely love the way you
- 54:51articulated that, Simon. And you know, I've, I've said
- 54:55many times, right, it's Bitcoin or slavery.
- 54:59If enough people, if enough of us take self custody, we'll win.
- 55:02And there's nothing, nothing they can do about it.
- 55:04So I haven't spent 25 years going down the rabbit hole
- 55:09you've gone down, but you know, in the decade that I've been,
- 55:13I've, it's interesting to me that I've, I've come to these
- 55:16very similar conclusions. And also too, I think, Simon,
- 55:20this particular cycle, I think the thing that troubled me the
- 55:23most was the financialization of Bitcoin by that complex.
- 55:29And the, the conversation moved from, you know, this
- 55:35revolutionary, this, this revolutionary zeal that was
- 55:41happening. And you, you felt it on X, you
- 55:43felt it in the community. You felt people really wanted
- 55:47this, this change. And it became about which again,
- 55:51a lot of these people are my friends, so I'm not trying to
- 55:53pick on any of them, But it became about the treasury
- 55:57companies. It became, you know, about the
- 56:00ETFs that that was really what was popular in the news cycle.
- 56:05And if you make content you, you, you, you kind of have to,
- 56:08we'll talk about the things that are being discussed in the news
- 56:10cycle. And I think this last, this
- 56:13previous cycle, it was the paper Bitcoin summer.
- 56:16It was Bitcoin financialized. And I think a lot of people
- 56:21forgot why we are here. We are here to fix the money,
- 56:25fix the world. And the only way you do that is
- 56:27by buying Bitcoin, earning Bitcoin, mining Bitcoin and
- 56:30putting that Bitcoin into self custody.
- 56:31That has not changed, right? Of course, you can take risks
- 56:36with with a small percentage of your portfolio, but ultimately
- 56:41they are risks. And ultimately you have to be
- 56:43aware that it's, it doesn't equate to Bitcoin in self
- 56:47custody, right? And you have to acknowledge the
- 56:50risks that come with whatever it is that you decide to do.
- 56:53Yeah, the right, the right way to frame that is, you know, you
- 56:57have spending money. Most people need money in a
- 57:00bank. They can't take currency risk.
- 57:02You want to minimize that to risk manage.
- 57:06But then you have saving Bitcoin is my savings, but if I then do
- 57:11something with it, I, I use it as collateral or I purchase a
- 57:16share instead of a Bitcoin or I hold it in exchange.
- 57:20You no longer have Bitcoin and so you now have some kind of
- 57:24investment vehicle with counterparty risk and you know
- 57:29it's not Bitcoin at that stage. So and anytime you do something
- 57:32with your Bitcoin is no longer your Bitcoin in most cases.
- 57:38And so that's the way to think about it.
- 57:40Absolutely. It's it's it's a form.
- 57:42It's a form of IOUI would say. And again, there there's the
- 57:46counterparty risk that you're talking about.
- 57:48But I I love how this ended up going full circle, right?
- 57:53You started describing exactly, you know, who runs the world,
- 57:58right? What is the actual situation in
- 58:00terms of, of people and their governments?
- 58:04And then we ended with the solution and, and now I, I kind
- 58:08of want to end the podcast with this.
- 58:09Simon, what is your vision for the world, you know, 1020 years
- 58:14from now as the Bitcoin ethos and the adoption of Bitcoin
- 58:19inevitably spreads? I, I fundamentally believe that
- 58:23Bitcoin is not just a financial innovation, Simon.
- 58:26I think it, it is not only a revolution, but I also believe
- 58:31that it is a political and cultural movement as well.
- 58:35Specifically if you have Bitcoin in self custody.
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- 59:32So with all that being said, first of all, do you agree?
- 59:36And second of all, you know, where do you see the world 1020
- 59:40years from now? Yeah.
- 59:43So I think, to quote Lynn Order, nothing stops this train.
- 59:46And by nothing stops this train, we are shifting to a world of
- 59:49multipolarity. Nothing's going to stop that.
- 59:52So we're not going to have one dominant hegemon and one
- 59:54dominant empire, which means we're going to have multiple
- 59:57currencies, which brings multiple.
- 1:00:00You know, rails that are needed in order to facilitate a world
- 1:00:04of multi polarity. We're already starting to see
- 1:00:07that the largest sovereign Bitcoin miner in the world,
- 1:00:10Iran, was able to build sovereign wealth as a
- 1:00:13jurisdiction. And immediately when they wanted
- 1:00:16to change and accept currency for opening shipments in the
- 1:00:22Strait of vermouth, Bitcoin was the currency that they could
- 1:00:26accept. And stablecoins was the one that
- 1:00:28got confiscated. And the money in the bank was
- 1:00:31the one that's frozen right now. And I'm not talking about
- 1:00:34circumventing sanctions because sanctions were lifted.
- 1:00:37That's not legal advice or anything like that.
- 1:00:39You know, you need to understand what you're doing.
- 1:00:41I'm just saying that that's the, you know, that's an it gives you
- 1:00:45a glimpse of what the world is in for now, sadly, I would love
- 1:00:52to say, and I've debated Jeff Booth before, who I'm sure
- 1:00:56you've had on your show, and he believes bitcoins going to fix
- 1:01:00everything. I don't subscribe to that.
- 1:01:03I think Bitcoin is going to create a next cycle of elites
- 1:01:08and your job is to become one of those elites and the rest are
- 1:01:11going to hold it in custody and make the fic more powerful.
- 1:01:15And I don't think anything's going to change that.
- 1:01:17And so it's going to be a small minority of Bitcoiners that will
- 1:01:22stay to the Bitcoin ethos. And with that, responsibility
- 1:01:27becomes an elite if you see the cycle all the way through.
- 1:01:31So what do I think the future of the world is?
- 1:01:35Well, the fall of the US empire into a regional hegemon rather
- 1:01:39than global hegemon. I think it's inevitable,
- 1:01:41predictable, guaranteed from here because fix doing it.
- 1:01:46And so that means that effectively it's the rise of the
- 1:01:49countries that are on the wrong side of the bomb.
- 1:01:52And so America was on the right side of the bomb and everyone
- 1:01:55else or a lot of other countries were on the wrong side of the
- 1:01:57bomb. So remember, capital flows.
- 1:02:01And so you will see other con currencies outperform the
- 1:02:04dollar. You will see other stock markets
- 1:02:07outperform the S&P. And but in a neutrality world,
- 1:02:11you've got Bitcoin and you got gold and those two exist.
- 1:02:14And so Bitcoin allows you to ride this wave wherever it goes,
- 1:02:19but you can also take that wherever you want to go because
- 1:02:23there will be losers, winners, and we will enter into a new
- 1:02:27empire team. People think like a fourth
- 1:02:29turning is the end of all the world.
- 1:02:31No, this is going to get worse and worse.
- 1:02:33The living standard in the West is going to get worse and worse.
- 1:02:35Nothing's going to change. Nothing's going to change that.
- 1:02:38The the fig is going to extract everything that it can, but it's
- 1:02:41going to redeploy that capital into the global S where the
- 1:02:45populations are. Africa, the country that was on
- 1:02:47the wrong side of the bombs and the extraction, you know,
- 1:02:51Southeast Asia, those countries are going to rise.
- 1:02:55China's going to be investing around the world.
- 1:02:56It's going to be a different thing.
- 1:02:57I'm not saying you live in China.
- 1:02:59I'm not saying you have to like what the CCP is, but China does
- 1:03:03not have a track record of trying to bomb the world.
- 1:03:05So you don't have to live in the places that benefit from that,
- 1:03:08but you need to be sovereign as a sovereign individual.
- 1:03:11And that's what Bitcoin and enables for you absolutely.
- 1:03:14To me, sadly, it's not going to change the world, but it's going
- 1:03:17to allow you to exit and you as an elite, you can try and change
- 1:03:21the world. And that's what I think you can
- 1:03:23do 100%. And I agree with I, I agree.
- 1:03:26With with with that because and I've I've talked about this as
- 1:03:29well, right? Like I think that as Bitcoin
- 1:03:32continues to increase in price, if you define what someone an
- 1:03:39ultra high net worth individual, there's about a quarter million
- 1:03:42of them on earth, someone who has $30 million worth of assets
- 1:03:46or more. And if Bitcoin reaches a 300 or
- 1:03:50400 or $500,000 price point, about 30 to 40% of those
- 1:03:55individuals are going to be bitcoiners, right?
- 1:03:57So, and those individuals that that are worth that amount of
- 1:04:01money and more are really the ones that have the most amount
- 1:04:04of influence in society like that.
- 1:04:05That's undebatable. Now, my my question to you,
- 1:04:08Simon, and I'm sure the audience is going to enjoy this question
- 1:04:12is how much Bitcoin do you need to be in the new elite?
- 1:04:20Yeah. I think it's very individual.
- 1:04:23It depends where you live, depends on circumstances.
- 1:04:25I think everyone should try and play the the cost arbitrage.
- 1:04:29Make sure you live somewhere where the costs are lower, you
- 1:04:33earn somewhere where you can take advantage of that
- 1:04:36arbitrage. You need to maximize the
- 1:04:39differential between your income and your expenses.
- 1:04:43And you need to own more Bitcoin every month and you need to do
- 1:04:45that for 10 years. And you need to not deviate
- 1:04:48that. And you don't need to look at
- 1:04:49the price. If the price is going down,
- 1:04:52great, you're going to have more Bitcoin.
- 1:04:53If the price is going up, then your Fiat net worth is going up.
- 1:04:56Just think of it like that and mine as much Fiat currency in
- 1:05:03order to get as much Bitcoin so that you can exit the system.
- 1:05:07It's impossible for me to say, you know, for you because people
- 1:05:11have different, they've got different responsibilities.
- 1:05:14You've got college, you've got families, you've got countries
- 1:05:16like, you know, I can't give that type of financial advice.
- 1:05:20Your job is just to own more this month than last month and
- 1:05:23do that for for at least 10 years.
- 1:05:26And we'll come back on this podcast if we're.
- 1:05:28I'm sure you'll still be here in 10 years.
- 1:05:32And I did that for the previous ten years.
- 1:05:35And, you know, since $3, I've been telling people to do that.
- 1:05:39And my network of millionaires, billionaires, elites, people
- 1:05:43that got wrecked and everything, you know, we're people that are
- 1:05:45actually changing the world behind the scenes.
- 1:05:49And so, yeah, you know, set yourself a goal, what's right
- 1:05:52for you, like get, gain some financial literacy, learn how to
- 1:05:56read your personal balance sheet, your personal income
- 1:06:00statement, take on really take this is a, I'll leave you with
- 1:06:04this thing. Look, when I was deep in debt
- 1:06:05because I, I, I, you know, I was deep in debt when I first
- 1:06:09discovered Bitcoin. You know, for me, I had like
- 1:06:12£250,000 in debt when I first discovered Bitcoin.
- 1:06:16I felt my business was rinsing me.
- 1:06:20I'd left my job. My last bit of credit card debt
- 1:06:24was to go and speak at that first Bitcoin conference.
- 1:06:26It was my wife that actually put, you know, allowed us to
- 1:06:29take our last bit of money, scrimp together a flight and go
- 1:06:34and speak at that conference. But I had to make a decision.
- 1:06:40And I'm not saying this is the right decision for you because
- 1:06:42there's consequences to it, but I just defaulted on my debt and
- 1:06:46decided to buy Bitcoin instead. I did the same thing.
- 1:06:50I maxed out all my credit cards. In 2016 to buy Bitcoin.
- 1:06:54Yeah, that's why I defaulted on it all.
- 1:06:57And just bought more Bitcoin because I needed to break the
- 1:06:59cycle somehow. And you know, I'm not saying
- 1:07:03that's right. For.
- 1:07:04You there's consequences, there's of course, there's all
- 1:07:07sorts of stuff, but the the. Things they don't.
- 1:07:09Want you to know is how this system works, because you know
- 1:07:11what breaks the system. What breaks the system is when
- 1:07:14you don't pay your debt, because the whole thing is debt, and of
- 1:07:18course this is not. This is not financial advice,
- 1:07:22right? We're not giving.
- 1:07:23Financial advice, we're not, you know, we're not talking about
- 1:07:25all of that. We're just talking about our
- 1:07:27personal experiences. Simon Dixon I did come back and
- 1:07:30pay it for. For the record, I came back and
- 1:07:32negotiated. The settlement, but it was only
- 1:07:34once I had a a few years in order to get of course.
- 1:07:38Yeah, because then it negatively effects you.
- 1:07:40You can't get a car. You can't.
- 1:07:41You know, the, the, the, the system, you know, essentially
- 1:07:44excludes you out of it unless you, you know, you settle it.
- 1:07:48But Simon, it's been an absolute honor.
- 1:07:52You know, I've, I've, I've heard you so many times, not only on
- 1:07:55your own channel, on, on other podcasts, but it's been a
- 1:07:58pleasure to actually have this conversation with you myself.
- 1:08:02So I really enjoyed it. Thank you so much for coming on
- 1:08:04and hope to have you on the show again in the future.
- 1:08:07Thank you. Yeah.
- 1:08:09Thanks for having me. You can follow.
- 1:08:11Me on X, that's where I kind of give real time updates.
- 1:08:15I got a YouTube channel and what I found is I, I, I do very long
- 1:08:20analysis on Bitcoin, tech, money, geopolitics, sometimes
- 1:08:23like 3-4 hours every week. It's like a discipline for me
- 1:08:27just to keep me doing it. But I kind of break.
- 1:08:29I found I'm trying to use AI to get like take my 4 hour ran and
- 1:08:33put it in 10 minutes. And so I publish those on my
- 1:08:36blog, simondixon.com. No sponsorship, no monetization,
- 1:08:40no business model, no products or anything.
- 1:08:42I just do it because I want as many people to be a part of this
- 1:08:46as possible because I think we've got some rough times
- 1:08:49ahead. And you need to know a storm is
- 1:08:51coming so that you can build your house, prepare your house,
- 1:08:54get your raincoat, get your umbrella, because everyone else
- 1:08:58is telling you it's going to be fine.
- 1:08:59It's not going to be fine. You need to prepare.
- 1:09:01Love it. Well, thank you so much, Simon.
- 1:09:03Appreciate it. Thank you.