Latest / The Aaron Day Show / 120 Days - From White House to Tether CEO

Transcript

120 Days - From White House to Tether CEO · The Aaron Day Show

• Welcome back to the Air and Day Show. This is season three, episode five. So if you have been listening from the very beginning, you know that we're playing the four finalist songs for the anthem for ownnothing.org. So I encourage you to go to ownnothing.org and vote. We're going to pick the winner. Well, you're going to pick the winner before next week's episode. So next week, i'm going to actually launch um oh nothing got over so the kind of version one point out it's the first one as you know i've been working on six different sites this is the first site that we're going to officially launch i'm i'm getting them all ready for launch with this above phone that we're going to be doing, but it doesn't make sense to launch and do kind of a rollout of all six sites at once. So we're going to roll them out once a week for six weeks. And, you know, as you go through the process, you'll see how they are. They're all interconnected. And actually, importantly, so given everything that's going on with the Genius Act and the Clarity Act, it kind of occurred to me during the summer of last year that we have to hyper accelerate building the exits. I mean, we talk about exit and build, but to just say that is kind of a difficult thing for people to grasp. People need to actually have steps to know what to do and people need tools to be able to connect. There are a lot of people working on parallel solutions, but there are all over the place. A lot of these local solutions are local, which I'm trying to encourage people to open that up because frankly, it's very difficult to get enough people in a geographic location to be able to sustain and build a parallel solution. And there's no reason to limit some of these things geographically. So own nothing is actually going to be the most important site because it is a site that allows you to assess how sovereign you currently are in terms of you know to what extent you even control your own attention to what extent you own your own money do you own your own health or information about your health you own your food so on and so forth and so basically what it allows you to do is go through and take a series of surveys and, you know, it kind of gives you a score, but more importantly, um, based on that score, it tells you, it gives you steps and links to resources that you can do to improve your sovereignty. So this is why I think it's the most important thing. What I've found is that a lot of people aren't even aware of how little sovereignty they have. I've mentioned many times this idea that we already not only own nothing, but that in many respects, America, is over, which is definitely the case when you look at Real ID, which is digital ID, the Genius Act, which is backdoor CBDC, and now the Clarity Act that cleared another hurdle today in the Senate Agriculture Committee. We're basically looking at a situation where they're actively tokenizing literally everything we own, not just money, and they are putting it under the control of basically central planners who can shut off our access to these things and then are building AI surveillance systems to make sure that we comply with the behavior that they're looking for, or we will lose access to those assets. And so this is what I have been fighting for or fighting against, I should say, for the last three or four years. And what I thought was something that was off on the horizon, something that would happen by twenty thirty is actually happening. right now we're almost out of time so so i'm launching these sites as the solution it just so happens the clarity act is going on right now so we're also actively trying to raise immediate awareness around this because this almost no one knows about this bill and even people that follow what's going on haven't followed this in some respects Yes, it passed in the House a long time ago, but then there was, you know, people lost track of it and then it picked up discussions in the Senate. But there are a lot of other things going on. I mean, we have, you know, pick a new crisis each day. So all of a sudden we get a bill out of the Senate Finance Committee. two hundred seventy eight page bill. They drop it. Boom. Even the people voting on it, the legislative legislators only get twenty four hours to read it. Then a couple of days later, they announce a different bill out of the Agriculture Committee. So this stuff is only like a week old or a week and a half old. So and then what I've found in studying this is almost no one. Discusses the negative aspects of this, the Crypto media is completely captured. Most of the major crypto publications are actually owned by crypto firms that benefit from the legislation. I talked about this last week. My Brownstone article that I am still revising, it's really long, but I wanted to get everything out to explain Not just what's in the legislation, but how the political process works, because a lot of people are being fooled thinking, oh, well, they put this little carve out here. So this is protected. And when you know the history of what happens with financial surveillance bills from the time their first pass to then what happens when they get implemented and the amount of power that the agencies have. and the amount of leeway that they have. In this case, the SEC and the CFTC, it almost doesn't matter what's in the bill to a certain degree because the rulemaking agencies get all of the kind of the power and a lot of discretion in how to implement it. So having to explain all of this is really important, particularly when you're trying to counteract the propaganda that's being pushed out. And the top level propaganda that's being pushed out by the administration is that we are going to be the Bitcoin capital of the world and the crypto center of the world. And that is completely false on its face. I'll get into some of this tonight. I wanted to talk about kind of a specific element of this. Last week I talked about this. I kind of gave a high level overview. I'm going to continue to talk about this on every episode. It's not going to be the sole focus of every episode, but it will be something that we talk about on every episode until either it passes or Somehow we kill it, excuse me, from being passed, which, by the way, is a long shot just simply based on who's funding it and how much money there is behind it. I mean, essentially taking the position contrary to this bill, there's no money in it. You have one hundred million dollars being spent by the crypto lobby and the bank banking lobby to promote it. All the people that wrote it, you have something like two hundred former CFTC and SEC officials now working for lobbyists and for law firms. Right. So there's there's literally no money in being in opposition to this. So you have no. outlets for this you know there's there are no channels that will even take you on you look at coin telegraph you look at some of these other publications they are one hundred percent in support of these pieces of legislation it's they're not journalists they are literally sponsored ads these publications have nothing to do with journalism crypto quote journalism is worse than mainstream media it's worse than our legacy media however you want to call it there have been in the last twenty four, forty eight hours, two major developments. One is USAT, which is Tether, has officially launched their USA regulated stable coin. And we've talked about Tether many times on this program. The new CEO of Tether USA is Bo Hines, a former member of the Trump administration working on crypto policy and prior to that failed candidate for US Congress. And there's a lot of cronyism involved with that. That's happened with it. That happened yesterday. And then today, the Clarity Act passed. So we are now actively, at least I see on X, people are, it looks like people are actively supporting backdoor stablecoins, excuse me, backdoor CBDCs in the form of government regulated stablecoins. But that is actually not the case. Most of the traffic is fake. Most people have no idea what's going on. But nevertheless, we are at a point right now where I think it's probably the biggest populist rug pull in history. I think we might have Craig Wenkelwitz come on at some point here in the program to discuss some of this and to walk through some of this, possibly even Patrick Wood or Courtney Turner as well. It depends on their schedules. But I've been chatting with them back and forth, and they've independently come to the conclusion that What's happened with Tether is absolutely worrisome and astounding. So in any event, just before I get into the heart of the program tonight, and the program tonight is I'm not going to go through all of the bills in detail as I've done in the past or will do in a more coherent fashion next week or the week after. Instead, I'm going to talk about who some of the key players are. Because it just strikes me that we have reached a level of absolute peak cronyism in terms of the degree to which we're dealing with a revolving door and simultaneously people in the administration profiting off of policy kind of in real time. I mean, people complain about insider trading. and you can think whatever you want about insider trading, that's less than actually starting and actively investing in companies that are benefiting from your policies that you are the one passing, right? It's kind of like one is, well, I got wind of something and I invested in it. The other is we literally created a company and then wrote legislation to benefit from it. So it's worse. Nancy Pelosi is like a three on a ten scale of cronyism. when you look at what's going on with this administration. So I'm going to talk about, you know, maybe, you know, ten of the people, ten of the big players that are involved in this. Before I do that, you know, these are, as I've been writing the article, I've been putting together a couple of images that I wanted to go through to give you a sense of how I'm trying to frame and help people even understand this, because I'm looking at the the legislation that's passing. And, you know, we're in a situation right now where the politicians are using the same buzzwords and then that's picked up by the media. I mean, I see these posts all the time breaking big news, you know, landmark legislation just passed. And then they give you like the list of buzzwords that the politicians put in their press release, no analysis of what any of this means. So I put together this little quick decoder ring. So when they say bipartisan, it means the lobbyists on both sides got paid. When they say clarity, it means clear lines of fire for the regulators to attack industry. When they say consumer protection, they mean surveillance. When they say market structure, they mean rigged by the people who wrote the bill. When they say industry input, it's theater. That's not a process. That's by the time something gets to the point where it looks like it's getting industry input. The bill has already been written. Responsible innovation means obedience and financial inclusion means conscription. You are required to play by these types of rules. A couple of other images that are in the article. One is speaking to how insane these regulations are. We don't even need the Clarity Act or the Genius Act. The problem that we have is the existing legislation. So we need to be repealing the existing legislation, not adding new legislation. We don't need market structure. They're putting in the market structure as a way to say, hey, listen, we have these rules that already are not effective and don't solve the problem that they're stating to solve. Now we have this new technology called tokenization where you can digitize things and make it trackable and programmable. And so now we need rules to take the surveillance aspect of this new technology and apply it to the old rules that were broken to begin with. This is essentially even what's meant by that. But when I say the old rules don't work, I wanna talk about the Bank Secrecy Act. So with the Bank Secrecy Act, you have to fill out all of these forms. And I think that they only examine three or four percent of the suspicious activity reports that are sent to the Treasury. And out of those, like, ninety percent of the people are innocent. So you're talking about like a fraction of a percent of bad activity might be caught through this entire thing. It's mostly victims. It's mostly cost. So as an example, a bank that was caught violating the Bank Secrecy Act after the fact, laundered eight hundred and eighty one million dollars. The bankers involved with that got promoted, whereas Ian Freeman sold Bitcoin without a license after being told by a lawyer he didn't need a license. And he's in federal prison for eight years. So now the legislation that we have is going to take this Bank Secrecy Act and add digital tokens to it. It's going to make it easier to to confiscate this stuff. Some of these slides are out of order, but just as I was working on this on the article, I thought I'd throw these in here. So I wrote my book or published my book in June of, and just to remind everyone, the whole point of the book was to warn people that Fiat is collapsing. CBDCs are a threat and that CBDCs are an extension of Fiat currency. So what I have been saying the entire time is if you want to stop CBDC, level surveillance and tyranny, you need to exit the dollar. Well, so since that time, based on today's prices, if you followed my advice, what the title of the book was, The Final Countdown, Crypto, Gold, Silver, and People's Last Stand Against Tyranny by Central Bank Digital Currencies. Well, if you followed my advice from that time, silver is up three hundred ninety seven percent. Zeno is up three hundred ninety four percent. Monero is up two hundred nineteen percent and gold is up one hundred eighty percent. So again, my core thesis that all fiat currencies collapse, but in this particular case, because then people get into this argument of which fiat currency we're going to pick next, even though when you look at it, they're all going to fail anyway. That what I've been warning people about is unlike other collapses, they are going out of their way to already build what's next when things collapse. And so people ask me all the time, When is this going to collapse? And I say that it's not so much that it's going to kind of collapse on its own. It's more of a controlled demolition. So I will tell you when it will collapse. It will collapse when the Genius Act and the Clarity Act are fully implemented and when they are able to take digital control of everyone's assets. And in a controlled demolition, offer people, you know, hey, you need to take UBI, take this new system that we have, take this tokenization of all of your assets. We're going to take all of your assets, but we're going to give you universal basic income, universal high income or whatever it is. This is the infrastructure that's being built. This Clarity Act will ultimately include not only tokenizing stocks, bonds, oil, oil and gas, gold, silver, the whole agricultural supply chain, real estate. But they're building into this the idea of even tokenizing and selling off the national assets of the United States. This is what the Sovereign Wealth Fund is all about. And Howard Lutnik's firm, Cantor Fitzgerald is involved in that. And so again, as I want to say, as I said before, issue we don't need market structure markets work fine markets have flourished for for thousands of years without a senate finance committee and the bank secrecy act really highlights this sixty one billion dollars a year in compliance costs they catch about point four four percent of the people involved ninety five percent of the innocent are harassed and people that go through these suspicious activity reports and they get flagged they get basically put on a list and then they have a difficult time getting access to banking services. They did nothing wrong. It was flagged. And yet it goes to this kind of bureaucratic maze. I want to say something else related to the Genius Act. I've mentioned in the past that one of the reasons that the Genius Act was passed was to force stablecoin issuers to back their stablecoins with U.S. treasuries. And initially, Treasury Secretary DeSantis said that they believe they'll be able to sell at least two trillion dollars worth of treasuries. He's now upped that to three trillion dollars worth of treasuries. So when you use USAT, when you use USDC, when you use these government regulated stable points, you are funding predator drones, you're funding NSA server farms, the militarization of the police, the surveillance of all of your financial transactions, CIA, black sites, tanks, social credit scores, and the surveillance state. This is what happens when you use stable coins. By the way, it's also what happens when you use the dollar itself, which is why I've been encouraging those who say, well, we should start using cash. If you are using fiat currency in any form, you are funding the things that you are likely complaining about. You're funding both sides of whatever's going on in Minneapolis, whether you like it or not. And whichever side you're on, you're funding both sides of it by merely using the dollar. And now they're literally using misunderstood hype about crypto. They're using the fact that people don't know what crypto is supposed to be for about the fact that it's supposed to be about separation of money and state. They're using hype. to push a backdoor CBDC to fund more government and to fund more debt. It's actually pretty disgusting. And the fact that people are patriotic about it, I mean, most of the time I encounter people, most of the time what I'm encountering, what I'm seeing is fake traffic from fake publications that are actually using bots. I've actually come to realize there's not a lot of organic actual average person on the street supporting this legislation. Most people don't know any of this is going on. But occasionally you will find people that are just literally trumpeting the bill. And if you are going around quoting the names of bills for your reason for supporting them without having read the bill, if you're at a level where you don't even realize that what is in a bill is usually the opposite of the name of the bill, it's very hard to interact with people. There are so many layers of misunderstanding and propaganda that you have to work through that it's very daunting. So I will say, I mentioned last week, now is the time that we go for full court press on this. I was at an event this weekend and I was in front of a lot of influential people and I actually, usually I haven't asked for help. This time I asked for help. This time I said, listen, People don't know about this. And so I've actually gotten a lot of help. There are a lot of people that are actually, you know, I'm going on bigger and bigger shows, different shows. I was on this show last week with Paul Barron. Paul Barron has two point two million followers. And I encourage you to check out the interview on YouTube. Forty three thousand views. But the comments were ninety nine percent for most of the people said this guy is the best interview you've ever had or whatever. And I'm not saying that to blow smoke. I'm saying that because this is a guy with two point two million followers and most of his commentary on the matter has been, oh, are you for the Senate version of the bill? Are you for the House version of the bill? Which version of it? And I went on there and I said, we don't need any of this and laid out exactly what you would expect them to say. And None of his audience had heard that perspective before, but it resonated. I think inherently people, people's BS meter is going off on this. You know, the idea that we started out with crypto as the interview was with Paul Baron. Let me tell you what, let me pull up the, I'll put the YouTube link in the comments. And so I encourage you to not only watch the interview, but more importantly, look at the comments. The comments are, are extremely important because what this showed me is this was a show I had never been on before. So no one in the, I think almost no one in the audience, maybe they'd heard of me, but I, no one was kind of like, there was no kind of indication that these were like fans. I would be surprised. In fact, I haven't heard that of any of the people that watch the show that have said that they've seen the episode. And so I've just pasted the link in the discussion, but when, When you, when you actually look at the comments on here, you know, keep fighting Aaron. We appreciate people like you. Damn, this guy didn't hold back much respect. Aaron's a hundred percent correct. I agree with this guest more than any other you've had on to discuss. This was your best interview. I'm done pretending all these laws are for our safety. Finally, a man speaking truth. So the point is that the message that I've been putting out on this show is resonating with people that don't listen to this show. People understand intuitively that these bills are bullshit and no one is saying it. They've not heard anyone speak the truth about these bills. And I have think I got on there. I'm grateful for whoever, for the person that booked this show. And I think the host was probably a little bit surprised after the fact. But this shows me that if we get an audience, it's going to have big impact. Because no one can refute the argument. Excuse me, no one can refute the arguments. No one has actually heard, excuse me, a discussion of the history of financial surveillance regulation. No one has talked about the Bank Secrecy Act. No one has talked about the process. No one has talked about who wrote these specific bills, who the lobbyists are. I mean, I've outlined all of it and I put it on day twenty twenty six dot com. Go to the bills section. And this is one of the things that I'm doing as part of the potential campaign is I'm analyzing these bills based on technocracy, based on what they do for the surveillance state and And no one's done that. You're not finding, you're finding just surface level stuff. You know, to me, when I see somebody like Cynthia Loomis push the Genius Act, my question is, and that she sponsored the bill, my question is who wrote the Genius Act? Because she certainly didn't. I've spoken with her before. I doubt she's ever done a peer to peer transaction. There's no way she wrote the Genius Act. Well, if you dig enough and you go through the lobbyists and everything else, you find out, OK, Coin Center wrote that bill. You can find out from public information and piece this together. And by the time you diagram who the lobbyists are, who the trade groups are and everything else, you can figure out directly who the beneficiaries are of the bill. And I can assure you this. There is no one at the table that put any input into the bill that is concerned about privacy or about the individual consumer. There isn't a constituent being represented at the table. Some of these lobbyists and lawyers get paid two thousand dollars an hour. So if you're working on a DeFi protocol or an open source privacy coin project, How are you even, you can't even afford to have a seat at the table. Literally hiring a lobbyist to work on the bill might be the equivalent of your, you know, half of your entire R&D budget for an entire year. So this is what we're up against. So when people try to act like there are people putting in safeguards here, it's impossible. There isn't anyone at the table even representing that interest. So again, when somebody says market structure, market structure for who? It's for the people at the tables, the people that are actually drafting the bill, and it's none of us. Likewise, where are you going to hear about this? CNBC is not going to have me on to discuss this, not that I've reached out to them, but the reason they're not going to have me on is that their advertisers are Fidelity, BlackRock, all of the beneficiaries of this bill, Coinbase, I don't have anything to offer CNBC except the truth. They have no interest in the truth. Their business model isn't based on the truth. This is a network that has Jim Cramer on. On what planet should Jim Cramer be on television giving people advice about stocks? Actually, I thought one good thing to do about it with AI would be to analyze all of the transcripts on CNBC and build a portfolio of all of the recommendations that have been made by all of the guests that have been on there. Literally, no one should listen to CNBC. The entire CNBC, usually CNBC, if you're listening to information on CNBC and you're actually genuinely looking at it for tips, you have to understand you're the exit liquidity for the people that are on there. The people that are on there are dumping and selling their equities or whatever the financial instrument is to you. So that's a good one. I was on with Merrill Nass with CHD, which I thought was a great CHD TV. This just launched today. So Merrill has been a... a leader in exposing this technocracy and now spends a lot of time focusing on the food freedom side of things. This was a great interview. I did an interview with Clayton Baker, Dr. Clayton Baker, who has been influential. He wrote a very influential book on the whole COVID drama. And then now he's actually been focused on bringing people up to speed on the geoengineering crisis. So there are a lot of other interviews going on. And those are also a day, twenty twenty six dot com. But I encourage you to. I'm going to try to take this to Tucker Carlson and large formats at this point is if you've listened to me over the last couple of years, I've said I don't I don't want to do that. I don't want to hit mainstream yet. We're not ready. We are now ready for two reasons. One. have to be ready because we have to expose genius and clarity because they're now one of them's already over the finish line and the other's close so there isn't any more time but on top of that with the roll out of these new sites owned nothing osr technocracy atlas now that we have xeno freedom dollar crypto wallets confidential layer we actually can explain to people what's going on and then give them a pathway out so i encourage you to if there are Podcasts and shows you like, you don't have to even know the host. If you just authentically say, hey, you should have this guy on, you would be amazed at how well that works. That's actually what's worked mostly for me. I have not done any outbound outreach. All of the numerous hundreds of podcasts that I've been on are all because somebody introduced me to somebody. It was all organic. I haven't sent a single, hey, please have me on your show. I haven't done that. at all, I will start now as we continue to build and as momentum builds on this issue. Just to go through this quickly, I do have some events coming up. I'll be in Mexico City for Monerotopia, February the twelfth through the fourteenth. Then I'll be in a different part of Mexico, Puerto Villarte for Anarchapoco. February the fifteenth through the twentieth, and then at the Crypto Vigilante on, I think, February the twenty second. So I'll be giving out of three or four talks and we'll be on a panel or two across all of those events. And hopefully, you know, this is a core audience of people that My pitch is, hey, listen, this technocracy is hyper accelerating. It's not twenty twenty. It's not twenty thirty. We're looking at it's twenty twenty seven. Now is the time to exit. This is you know, this is no longer. We have to particularly in the privacy coin space, as much as people think that, you know, it's growing faster than it was, it's not growing faster than the surveillance side of things. And then in March, I will be in Lisbon, Portugal at the Parallel Society Conference. And then in May, we'll be speaking at the Libertarian National Convention and we'll be participating in this crypto corner that they have there as well. So this will be an opportunity to promote and educate all the libertarians from around the country on the importance of privacy coins. And this should be right in the middle while the debate is going on on the Clarity Act. So the Clarity Act, just as a matter of process, it passed the Ag Committee, now it goes to the full body. And so what you're gonna have is you're gonna have this Senate finance version of the bill, and you're gonna have the Senate Ag version of the bill, and then they're gonna have to come together and work out their differences, which, by the way, when they do that, the bill always gets worse. You have the Democrats coming in there wanting more, quote, consumer protection, which means DeFi gets screwed, less privacy. And then you have the SEC wanting more control and bigger budgets for their organization, the CFTC wanting more for theirs. And in the end, again, we don't have a seat at the table. So the bill as it stands only gets worse. And then when that's done, it has to go to the House and get reconciled with the House. Now, I'm even talking to some politicians about this. I mean, I may even reluctantly go to Washington DC and speak with some people about it directly. I am not optimistic that we're gonna be able to stop it. What can stop it is if the interest of the banking lobby and the interest of the crypto lobby can't come to if they can't come up with a come to some sort of agreement as to how to how to carve up the loop that's essentially we can't influence that that much but That is the possibility for how this whole thing falls apart. Now, depending upon how long this gets strung out, and I don't know if the House has now flipped to Democrat control with Marjorie Taylor Greene and everything else, it could be razor thin. And if it's razor thin, then the midterm elections may make all the difference. And this is why I'm considering running for twenty twenty six for U.S. Senate. What's going to determine the variables that will increase the odds of me running, if the Clarity Act passes, then that dramatically increases the chance that I will run. And if the war on crypto continues with our political prisoners, I mean, if we're going through all of this with all these politicians saying we're going to be the crypto capital of the world, and yet Ian Freeman and Roman Storm and Roman Sterlingoff and Keone Rodriguez and William Smith are still in prison or facing sentencing, then I mean, it's absurd. You know, I said to somebody, I think this is the biggest populist rug pull in history. There's a whole group of people that have been convinced that listen to the headlines. They actually think we're the crypto capital of the world and don't realize that what we're becoming is the surveillance capital of the world. That is what is being passed in these bills. Know your customer. Anti-money laundering. Everything needs to be registered through exchanges. More reporting requirements. Every transaction is going to be monitored in real time. All of the transaction information in history has to be retained for five years. That on top of the existing CFTC and SEC rules. So it's taking a system that's bad and making it worse and adding surveillance. There is nothing pro-freedom about this. And by the way, again, I don't understand this idea that America is going to lead the world in crypto innovation by adding regulation. At what point in time that goes against every kind of tenant. It's known that capital flows to where it is the most free. This is a very basic, very well understood concept. We've somehow distorted all of this and come up with this narrative that says, well, if we lead the world in surveillance and provide clarity for the rules, that somehow we're going to lead on the basis of that. Well, if your rules are clear, but what they clearly do is build a digital prison, you're not going to win. More money will flow outside of the United States. You will see the UAE. You will see Portugal. You will see other countries gaining. And people will just leave. And what you will be left here with are a bunch of deadbeats like Bo Hines and these cronies with companies like USDC and Tether pushing literally backdoor CBDCs. That's not innovation. None of those people should be celebrated. Those people are, in fact, part of Jekyll Island. We are witnessing the creature from Jekyll Island happen in real time, right in front of our face. So now I'm going to walk through tonight, you know, what's kind of going on with this, you know, one hundred and twenty days to power. I'm going to talk about this in the perspective of this guy, Bo Hines. So one hundred and twenty days is how long it took for Bo Hines to go from writing the rules inside the White House to running the company. Those rules were designed to benefit. So one hundred and twenty days from government architect, corporate corporate CEO, from public servant to private profit. And this is what makes the story urgent. USAT, which is what the new version of Tether is, the official regulated version of Tether, just launched yesterday. And so the surveillance infrastructure we've been warning about, it's no longer coming. We've actually gone from me warning, I've had articles, I've done several podcasts about the Genius Act. Well, the Genius Act passed, and now it's literally live, and it's live through probably the worst, least ethical company with the closest political ties that you could imagine. It truly is the worst case scenario. As I said, and I wanted to, so I always get this, somebody says, well, at least Kamala Harris didn't win. And you know, I was thinking about this today, and my answer to that is, if Kamala Harris won, What she would do is say, no, you know, we're not going to have Tether do this. We're not going to have Palantir. We're not going to have Elon Musk. We're going to build it ourselves and we're going to bring in our own DEI team to build this. And so we're going to have our own from the ground up to first diversity led team. It will be like, it would have been like the Obamacare. portal for obamacare it would have been an absolute disaster it would have never gotten off of the ground people don't realize that how incompetent she is that would have actually been a benefit because um they never would have been able to get to the point that we're at now where we're at now is we've rammed through palantir connected palantir to our government databases we've passed real id that that sat around for twenty years that states objected to push through in the first hundred and twenty days. And then we have this backdoor CBDC and I mentioned Bo Hines, but the orchestration here even happened long before that with Howard Lupin. So anyway, this isn't a policy debate. This is about a twenty nine year old who fell twice to what a congressional seat who then got appointed to design federal crypto policy and then walked in straight into the CEO chair of the biggest stable coin launch in history. So while he was getting promoted and groomed for his golden parachute, real people were getting destroyed. People like Ian Freeman, who, again, I mentioned, sold Bitcoin without a license after being told he didn't need a license. He's in federal prison for eight years. And, you know, and we have people like Jamie Dimon and JPMorgan Chase. So JPMorgan Chase kept Jeffrey Epstein as a client for years after his first conviction. How much prison time did Jamie Dimon do? Nothing. They paid a two hundred ninety million dollar settlement and kept right on operating. So I'm going to walk through how all of this happened, and we're going to talk about who some of the key architects of all of this are. We're going to talk about Jamie Dimon, going to talk about howard lutnik we're going to talk about brian armstrong which this is one of the biggest disasters i've seen brian armstrong is the ceo of coinbase and a lot of what i saw on internet now i realize it's fake but a lot of people were equating brian armstrong to being this hero who was trying to defend crypto for the little guy He's the largest lobbyist. I think his firm has paid twenty two million dollars. They are engaged in this process to lock out their competitors, to create regulatory barriers that make it nearly impossible for a new cryptocurrency exchange to exist. So he's out there at Davos and people like, oh, yeah, he's given it to Davos. He's not giving it to Davos. He's there to get a seat at the table. And I'm not speculating on this. This is proof. You can see what's in the legislation. He's not fighting for yield for stable coins. He's not fighting for DeFi. He's fighting to add regulation so that he doesn't have any competition. He is not any different than a banker. He is a banker. So in the end, it's like two or three crypto companies working with the banking lobby. They're just trying to carve up who gets the biggest piece of the surveillance digital asset space. That is all... that this is about. So now that USAT is live, you know, it's been designed from day one to comply with every surveillance requirement that the genius act created, which I will say that they were already complying. You can go to freedom dollar.com and actually check it out. They actually have a kind of a running tally of all of the seizures that are going on with stable coins. And so that's a good thing to stay on top of. This is only going to get worse. i'm going to go through each of these architects and and kind of describe their role this isn't all of the architects this is uh by no means is that the case but these are some of the big ones and um i've spoken about this multiple times um i've talked about a lot of these people in the past i've talked about howard lutnik howard lutnik gets worse howard lutnik when it comes down to this you know he is going to be one of when you think about all of the bad folks at the creature from jekyll island like i think howard lutnik is going to history is going to look back at him as being one of the clear lead architects of this and he has his fingers in in all of this not only genius act and stable coins and managing all the treasuries for tether but his firm is also working on the Clarity Act side, the tokenization of real-world assets. And then it gets worse than that. We get into a sovereign wealth fund and actually tokenizing the nation's assets and selling those off. And he's involved in that. But before that, we'll talk a bit about Beau Hines. So again, he lost his congressional race. And so then they gave him the key to the US financial surveillance infrastructure. And by the way, I've been in crypto for a long time. So I've been in crypto since, you know, twenty twelve. And so have a lot of people that I know. No one has ever heard of Bo Hines. Prior to him getting this appointment, he's never he was never out publicly talking about crypto. He's never been at a crypto conference. This guy is a He's an absolute nobody. I think he played college football or something and he has a famous dad or whatever. There's literally nothing about this guy that would indicate that he understands or whatever. He just kind of, he's like Chauncey Gardner from being there. He just stumbled into this thing. And he's a great, a great person that Howard Lutnick could groom to do the handoff. So in January, he was named, January, He was named the White House Crypto Council despite zero industry expertise. I remember when this happened at the time and I was talking to people and again, I asked people, who is this guy? I mean, when it was announced and like, how remote is this guy? How unknown is this guy? And it's just this somebody that was working on things behind the scenes and I didn't know about and nope, this guy literally has zero industry experience. hundred and twenty days later so january twenty twenty five he's named to the white house crypto council a hundred twenty days later um he's ceo of tether's new u.s stablecoin with one trillion dollar ambitions so he's twenty nine never run a company didn't have any crypto experience and he now controls the on-ramp to digital dollar surveillance usat was launched via Anchorage Digital Bank, which is a federally regulated, fully compliant, fully tracked bank. But again, where I would position Bo Hines in this is he is literally just the front guy. So he's like all American, played football, doesn't know a damn thing about crypto. Let's bring him into this role and then we'll switch him out. He's part of the revolving But the person who really drove this entire process was Howard Lutnik. And as I've stated on many times, his company manages eighty billion dollars in Tether reserves. He personally owns five percent of Tether, his firm owns five percent of Tether, and he's setting crypto policy for the United States. But if you go back and you look at the timeline, we talk about this. before he made this investment in Tether. And he cut this deal for Cantor Fitzgerald to manage the treasuries for Tether before he was actively involved in politics before the twenty twenty four election. If you follow politics closely and you follow Republican Party politics, you will not have heard of Howard Lutnik. Howard Lutnik He was an influential guy with Cantor Fitzgerald, but he was not actively involved in politics. And so then all of a sudden, the timeline is he cuts this deal for Tether. Then he gets a position as the White House chair of the White House Transition Committee. So his role was actually to help Trump pick his cabinet. Now, does this not strike you as bizarre? Somebody with minimal political experience or almost no kind of known political experience, comes out of nowhere after cutting this deal with Tether and is now the one picking the cabinet? How bizarre. What he really wanted, by the way, was not to be commerce secretary. He really wanted to be the treasury secretary, which would have been an even bigger conflict. Think about how big the conflict actually is. And they probably looked at this and said, hey, you know, we're OK with cronyism. But I mean, this looks pretty blatantly bad. You just you literally just cut a deal to manage treasuries for a stable coin. And then you want to be in charge of the Treasury Department. I think somebody finally realized that, you know, hey, there's corruption and then there's like, how blatant can you be? So what he does instead, he becomes Commerce Secretary, which, by the way, is the cabinet position that the Trilateral Commission typically owns, which we've talked about before from the standpoint of technocracy going back to the early seventies. The whole push for the technocracy movement has been to erode national sovereignty and push towards globalism through trade deals. And that's what the US Commerce Secretary does. So that's the position that he got into. But then he picks Bo Hines, and then he and Bo Hines push the Genius Act. So again, quick summary, cuts a deal to manage the Treasuries for Tether at a time where Tether is not required to back their stablecoin by Treasuries. gets into politics, picks all of the people behind the scenes to push the Genius Act. The Genius Act gets passed, forcing Tether to back their stable coin by U.S. treasuries. His company is the biggest beneficiary of it. And now the guy that he brought in with no crypto experience to work on crypto policy is the CEO of that same company. So where is the outrage? Why am I one of the only people talking about this? Again, I still see memes of people complaining about Nancy Pelosi. Oh, Congress shouldn't be able to insider trade. How about cabinet members shouldn't be able to have their own company manage all of the treasuries for a digital surveillance version of the digital dollar? Again, we're not even on, this is like a hundred times worse. nancy pelosi and and people are like now people are starting to say well that's just the way it goes this is just the kind of stuff you do like i'm seeing the amount of cope and lack of understanding of cronyism versus capitalism is breathtaking even in some cases amongst libertarians uh the other one of the other big players we have in here is epstein's banker so again this is jamie dimon so he originally called bitcoin fraud and money loss And you've probably seen some of those video clips. His bank kept Jeffrey Epstein as a client for five years after his conviction, only had a two hundred ninety million dollar settlement, zero prison time. And again, he's only gotten more powerful to the point where there's a law that states that no one U.S. bank is allowed to hold more than ten percent of all. us customer deposits and they've waived that for jp morgan chase so literally there there's been nothing stopping him at no point has his position been in jeopardy if anything they've increased in power and so now all of a sudden called bitcoin fraud but now they're selling bitcoin now he's out there saying well you know maybe bitcoin's the real deal after all and and we have The success of the propaganda that's going on here is breathtaking. You will see Bitcoin Maxis saying, yeah, we did it, we won. What you don't realize is when he was saying that Bitcoin was a criminal coin and so on and so forth, this was before it was hijacked. This was when Bitcoin was peer-to-peer digital cash. Once Jeffrey Epstein, interestingly enough, came in and In fact, let me take a step back, actually, when we talk about the people involved in this. So we have Tether. One of the co-founders of Tether is Brock Pierce. Brock Pierce started advising Jeffrey Epstein on crypto as far back as twenty eleven, twenty twelve. Brock Pierce becomes then the co-founder of Tether, and he was also the chair of the Bitcoin Foundation. when it collapsed and the funding of Bitcoin core developers went from Bitcoin Foundation to MIT the group funded by Jeffrey Epstein and so we've now learned that through these house emails I wrote this article speculating that Epstein funded some of this we now know explicitly from the emails that Jeffrey Epstein funded Bitcoin core developers that's where some of his money went directly to fund Bitcoin core developers So Jamie Dimon has changed his tune, but he wasn't changed because of Bitcoin. He was involved in changing Bitcoin. And right in the middle of all of this is Epstein. So one of the most hilarious things that I see is this guy, Jack Mollers, who you may see, he'll be on CNBC or Bloomberg or whatever, and he's always wearing a baseball cap in a huge closet with no clothes in it. And this is this whole thing. And he sits there, yeah, we're we're defeating the banks and Bitcoin is going to take over the world. And, you know, JP Morgan, I think he lost his bank account from JP Morgan Chase or some bank or whatever. But he's like, you know, these guys were Epstein bankers. Funny you never see Jeff Mallers talk about the fact that Epstein funded the changes to Bitcoin. that allow him to do his second layer strike lightning network solution. Literally, Jack Mahler's wouldn't exist. His business wouldn't exist if it weren't for Jeffrey Epstein. Jack Mallers owes Jeffrey Epstein more and has benefited more from Jeffrey Epstein than Jamie Dimon. But you won't see anybody talk about this. You will actually see people following along thinking, oh, this guy with a baseball cap in his closets, you know, giving it to JP Morgan Chase. Boy, he's called out Jamie Dimon. Meanwhile, he's a direct beneficiary of Jeffrey Epstein's funding of the hijacking of Bitcoin. You can't make this stuff up. Now you have... Larry Fink, and again, you probably see this. People are like, oh, BlackRock's interested. People will do these posts. I want to start doing posts that are kind of different. So somebody will say, you know, two trillion dollar asset manager so-and-so is buying Bitcoin, blah, blah, blah. Rather than saying what their assets are, we should report how much of a bailout they got under TARP. Or we should list, you know, company that paid four point five billion dollars for money laundering for drug cartels, ex-bank. just invested in Bitcoin. It's crazy how it's turned. So now people are saying Bitcoin won because these big banks, which Bitcoin was launched to disintermediate, are now buying the hijacked Jeffrey Epstein version of it. So I don't know. I'm curious. We'd love your feedback as well. I keep on digging into this and I'm beginning to find that more and more of these accounts are bots within the Ingenious Act. was originally announced shortly thereafter there were a hundred thousand brand new twitter accounts that were created that were promoting this content i think almost all of the traffic in support of this is fake but i'll tell you it got me it got me pissed off it got me thinking boy the amount of propaganda so are these actual people sitting around saying america is going to lead because of this legislation this regulation and it turns out i don't know maybe there are fifty people out there that have been duped enough that just, you know, that are the kind of person that hears a politician say the name of the bill and believes the name of the bill is related to the contents, never reads the bill, never gets close to the actual information. The closest they get to it is listening to other people's opinion about the bill that also not read the bill. I mean, admittedly, there are a certain number of people like this. But when you're talking about tokenizing assets and everything else, it's such a, I'm not saying it's niche, it actually affects everyone on the planet, but it is a niche, it's niche in terms of it's sufficiently complicated and boring enough sounding that the general public doesn't kind of touch it on a regular basi