Latest / Simply Bitcoin / Everything Edward Snowden Predicted Is Happening RIGHT NOW | Bitcoin Simply
Transcript
- 0:00Right now there are microphones on your street listening for the
- 0:04sound of your voice. There's a law that says your car
- 0:10can decide you're not allowed to drive and lock you out with no
- 0:15appeal. The Treasury Secretary just went
- 0:17on national television and told you that AI can hack your bank
- 0:22account. And the Federal Reserve four
- 0:24members just voted against each other for the first time since
- 0:281992 because the system is breaking. 55% of Americans, a
- 0:35record, say their financial situation is getting worse.
- 0:38Not flat, not uncertain. Worse, and while all this is
- 0:44happening, while the surveillance grid expands, while
- 0:47the economy cracks, while the bond market post its longest
- 0:52decline and recorded history, Bitcoin just broke $80,000.
- 0:57That's not a coincidence. That's the signal today.
- 1:01I'm going to show you three things converging right now that
- 1:04most people don't see why Bitcoin might be the only exit
- 1:08from what's being built around us.
- 1:10And by the end of this video, I'm going to show you what the
- 1:12Treasury Secretary accidentally revealed about how vulnerable
- 1:16your money really is. Stay till the end because we got
- 1:20a big show today. Sunder.
- 1:26All right, let me paint you a picture of what's already been
- 1:29built. Not what's coming someday, not
- 1:31what's theoretically possible. What exists right now in your
- 1:35city, on your street? There's a company called Flock
- 1:39Safety. You've probably never heard of
- 1:41them. I hadn't either.
- 1:43But they operate in over 5000 communities across 49 states.
- 1:47They perform 20 billion vehicle scans every single month, 20
- 1:53billion. They started with license plate
- 1:55readers, then cameras, and in October 2025, they added
- 1:59something new microphones. They call it Raven, the slogan
- 2:04safety, you can see and now hear.
- 2:07These microphones are positioned on city streets and they listen.
- 2:11Originally, Flock advertised that Raven could detect
- 2:14screaming. Then, after the Electronic
- 2:16Frontier Foundation called them out, they quietly change their
- 2:21ad to say, quote distress. But here's the thing the EFF
- 2:25warned about. These are high-powered
- 2:27microphones parked above densely populated city streets.
- 2:31They can pick up conversations, and Fox Network integrates
- 2:35directly with predictive policing platforms like
- 2:39Palantir. Let me say that again.
- 2:41A private company, not the government.
- 2:43A private company has microphones on your street that
- 2:46feed into AI policing software. No warrant, no oversight.
- 2:51In 49 states, Edward Snowden warned about this exact thing.
- 2:56When you think about the the just distance and how quickly
- 3:00this is going on, the ratio of computation to ingestion, this
- 3:05is going to be cheap enough computationally to put on chips.
- 3:09And So what happens when this is done on chip, you know you has
- 3:12the system on chip like a sock in your phone that handles video
- 3:15and what not. They already have these like AI
- 3:17cores that they're starting to put in things when it's in every
- 3:22convenience store camera, right? When it is in every waiting room
- 3:29at the hospital, when it's at the entryway to the shopping
- 3:32mall, when it's above the checkout line, when you're
- 3:35buying a ticket at the movie theater, everything like this.
- 3:38And then all of these things can just every conversation that is
- 3:43happening around them and they can do different voice identity
- 3:46like they it won't know who you are initially, right?
- 3:50It just sees the voices. But then these things can begin
- 3:52to integrate. All right, now we have speaker
- 3:55location. We have this many faces in the
- 3:57scene, We have this many voices in the scene.
- 3:59We can begin doing you know, this is the speaker is this
- 4:04face. In November 2025, Snowden said.
- 4:08And I quote every photo, every purchase, every message, every
- 4:12movement, all of it is being fed into algorithms that decide your
- 4:16future. He pointed to China's city
- 4:19brains. Massive AI networks that track
- 4:21everything. Where you live, who you visit,
- 4:24what you buy, where you go, how you dispose of your trash. 600
- 4:28million cameras running facial recognition, gait analysis, Geo
- 4:32fencing. And Snowden's point was simple.
- 4:35This is not just China anymore. Digital ID's are here.
- 4:40Predictive policing is here. Behavioral data fusion is here.
- 4:44The infrastructure is being imported, he said.
- 4:48No system of mass surveillance has existed that has not been
- 4:52abused. This data, he warned, can be
- 4:54used for surveillance and behavioral manipulation, to
- 4:58nudge, to flag, to warn, eventually to enforce deviation
- 5:02from behaviors desired by the individual towards those desired
- 5:07by the system itself. He emphasized that the
- 5:09technological infrastructure underpinning our lives is not
- 5:13neutral. These systems are designed with
- 5:15values, incentives, and priorities that often conflict
- 5:20with the public interest. Now let me tell you about
- 5:22something that's already law, signed, passed, done.
- 5:26In 2021, Congress passed the Infrastructure Investment and
- 5:30JOBS Act buried deep inside it. Section 24,220 is a provision
- 5:36that most Americans have never heard of.
- 5:39It requires all new passenger vehicles to include quote
- 5:43advanced impaired driving prevention technology in plain
- 5:47English. Your car will have software that
- 5:49monitors you, cameras tracking your eye movement, sensors
- 5:53analyzing your steering, touch based alcohol detectors in the
- 5:57steering wheel, and if the algorithm decides you might be
- 6:01impaired, your car won't start or shuts down mid drive.
- 6:06No breath test, no police officer, no judge, no jury.
- 6:10An algorithm makes the call. And here's the kicker.
- 6:13There is no mandated appeal process, no required reset
- 6:17timeline, no human review. Critics call it kill switch
- 6:21jail. Representatives Thomas Massie
- 6:24and Annapolita Luna have tried to defund enforcement of this
- 6:27mandate. They faced bipartisan
- 6:29resistance. Think about that.
- 6:31Your car that you paid for, that you pay taxes on, that you
- 6:34insure can be remotely decided to be off limits to you by
- 6:38software with no way out. And all this surveillance, of
- 6:42course, all this AI, it needs power, massive amounts of power.
- 6:48Right now in Carson County, Texas, there's a project called
- 6:52Project Matador officially named President Donald J Trump
- 6:56Advanced Energy and Intelligence Campus.
- 6:58A company called Fermi America holds a 99 year sovereign lease
- 7:03on 5855 acres from Texas Tech University.
- 7:07They're building it up to 18,000,000 square feet of
- 7:10hyperscale data center infrastructure.
- 7:12They filed with the Nuclear Regulatory Commission to build 4
- 7:16nuclear reactors specifically to power it.
- 7:19This single project is expected to use 96 billion kilowatt hours
- 7:24annually. That's nearly half of all
- 7:26residential electricity in the state of Texas.
- 7:29And because it's classified under sovereign institutional
- 7:32control through a public university and sits adjacent to
- 7:35the DOES nuclear facility, the local community has zero say.
- 7:40In Utah, the Stratos project backed by Kevin O'Leary is being
- 7:44fast tracked using military authority by the governor.
- 7:47Public input bypassed entirely. In Louisiana, local same
- 7:52metadata center expansion is driving up costs and just just
- 7:56totally disrupting daily life. This is the infrastructure of
- 8:00the surveillance state. It's not theoretical.
- 8:03It's under construction. Nuclear reactors are being built
- 8:06to power it and the communities it sits in can't even stop it.
- 8:11You. Know you called a meeting, some
- 8:12people said it was an emergency meeting to talk about the banks
- 8:15and AI after the a breach of Anthropic.
- 8:21What can you tell us about this issue?
- 8:24Is this a systemic issue? Should we be worried about AI
- 8:27hacking our bank accounts? You, you, you shouldn't Maria
- 8:32and the the US government has gotten gotten involved.
- 8:35The AI companies, they are working with us.
- 8:40What we've had in the past month was a step change in the power
- 8:45of 1 large language model. But we're going to see it from
- 8:47the other AAI companies. And it's important, Maria, that
- 8:51the US stays ahead here. Imagine if China or some non
- 8:56state actor were ahead of us. So what we are determined to do
- 8:59is work with our AI companies to allow them to continue innovate.
- 9:05But our charge of the US government is maintaining
- 9:08safety. And there there is a very
- 9:12important calculus here between innovation and safety.
- 9:15And at the the US government, we're going to make sure that
- 9:18things stay safe. Chair Powell and I called the
- 9:21bank executives into town. It was a little less dramatic
- 9:25than it seemed at the they at the time because they were
- 9:28already in DC. So we got them in person rather
- 9:31than convening a call later in the in the week.
- 9:34And that the banks are working on their resiliency and the US
- 9:39government is working side by side with everyone.
- 9:43And again, very, very important for the US to continue to
- 9:46dominate here, set the global standard and maintain our lead.
- 9:50Now remember I said the Treasury Secretary accidentally revealed
- 9:55something? Yesterday, May 4th, 2026,
- 9:57Treasury Secretary Scott Besson went on Fox's Sunday Morning
- 10:01Futures and said something extraordinary.
- 10:03He said Americans should be concerned about AI hacking their
- 10:08bank accounts. But it gets worse.
- 10:10He revealed that he and Jerome Powell held a flash emergency
- 10:13meeting with Wall Street Bank CE OS.
- 10:15Why? Because of Anthropics newest AI
- 10:17model Claude Mythos. Preview This model found over 2
- 10:211000 previously unknown software vulnerabilities in just seven
- 10:25weeks of testing Anthropic's own red team report says Methos can
- 10:29identify and exploit 0 day vulnerabilities in every major
- 10:33operating system and every major web browser Besson said.
- 10:37Imagine if China or some non state actor were ahead of us.
- 10:40The Treasury Secretary of the United States just told you your
- 10:44bank account can be hacked by AI.
- 10:46Think about what that means for an entire system if it's
- 10:49entirely digital and entirely centralized, entirely dependent
- 10:54on software that apparently has thousands of vulnerabilities
- 10:58nobody even knew about. So the walls are going up around
- 11:01us, the surveillance grid, the control mechanisms.
- 11:04But here's what makes this moment truly unprecedented.
- 11:08The floor is collapsing at the same time.
- 11:11Look at this U.S. government 2 year bond yield.
- 11:13See that massive spike on May 2nd?
- 11:16That's yield spiking over 45 basis points in a single candle
- 11:20on the day of the FOMC meeting before snapping back.
- 11:24That's not normal. That's the bond market
- 11:27screaming. The American bond market has now
- 11:30been falling for 69 consecutive months.
- 11:33That is the longest decline in the entire recorded history of
- 11:37the bond market. Longer than the Great
- 11:39Depression, longer than the 1970s stagflation, longer than
- 11:43anything ever documented. Let's put that in perspective.
- 11:47The last secular bond bear market ran from 1946 to 1981.
- 11:52Thirty five years. Analysts are saying this one
- 11:55could extend into the twenty 40s or 20 fifties. the US national
- 12:00debt just hit 39 trillion. It's up 2 trillion in just 7 1/2
- 12:04months. Interest payments alone are now
- 12:061 trillion per year. The debt to GDP ratio is 122.5%.
- 12:12The IMF just warned that the Treasury quotes safety premium.
- 12:15The thing that makes U.S. government bonds, the world's
- 12:18safe haven asset, is eroding. The convenience yield is
- 12:22actually turned negative. That means Treasuries now offer
- 12:26a higher yield than comparable alternatives because investors
- 12:29demand a risk premium just to hold them.
- 12:33Former Treasury Secretary Henry Paulson called for a quote,
- 12:37break the glass emergency plan for the bond market.
- 12:40And here's a number that should keep you up at night.
- 12:43Apollo's chief economist reported that hedge funds now
- 12:45own a record 8% of U.S. Treasuries with combined
- 12:48leverage positions exceeding 6 trillion.
- 12:52If those positions unwind, quote shockwaves through global fixed
- 12:57income markets, the risk free asset is not risk free anymore.
- 13:02And the institution that's supposed to manage all this,
- 13:05it's at war with itself. On April 29th, the Federal
- 13:09Reserve held rates at 3.5 to 3.75%.
- 13:12No surprise there. But what happened inside that
- 13:16meeting was historic. 4 policymakers dissented.
- 13:20That's the most dissents in a single FOMC meeting since in
- 13:241992, and they couldn't even agree on which direction to
- 13:27dissent. Governor Steven Moran, Trump's
- 13:30appointee, wanted a rate cut. Three others, Hammock, Kashkari
- 13:33and Logan, voted against the easing bias language because
- 13:36they think rate hikes should be on the table.
- 13:38So the Fed is literally split three ways, cut, hold and hike
- 13:42at the same time in the same meeting.
- 13:45Then the same day, Jerome Powell announced he's staying as a Fed
- 13:49governor. His chairmanship ends May 15th,
- 13:51but his governor's seat runs until January 2028.
- 13:55He ain't leaving, which means Trump can't appoint anyone to
- 13:59that seat. Trump's response on Truth Social
- 14:02quote too late. Powell wants to remain at the
- 14:04Fed because he can't secure a job anywhere else.
- 14:07Nobody wants him. Meanwhile, Kevin Warsh, Trump's
- 14:10pick for Fed chair, check out our last video on him, Just
- 14:14cleared the Senate Banking Committee along party lines and
- 14:16faces a full Senate vote the week of May 11th.
- 14:19Warsh has promised regime change at the feds, slashing the six
- 14:23point $6 trillion balance sheet, ending data dependence and
- 14:27pushing for lower rates. So you've got Powell refusing to
- 14:31leave wars coming in, promising to blow it all up, and four
- 14:34members who can't agree on which direction interest rates should
- 14:37go in the 1st place. This is not a functioning
- 14:40institution. This is institutional collapse
- 14:43happening in slow motion, an all time high. 55% of Americans now
- 14:48say their financial situation is getting worse, Not uncertain,
- 14:51not concerned, getting worse. And that's according to Gallup.
- 14:55Higher than during COVID, higher than during the Great Recession.
- 14:59And look at the why oil. Chevron CEO Mike Worth, speaking
- 15:04yesterday at the Milken Institute, said physical
- 15:06shortages in oil supply are starting to emerge from the
- 15:10Strait of Hormuz closure. This is the CEO of one of the
- 15:13world's largest energy companies saying the oil isn't there.
- 15:17The IEA called it the greatest global energy security challenge
- 15:20in history. 11,000,000 barrels a day remain offline even after
- 15:25the April 8th ceasefire. And of course, it's all gone to
- 15:28hell since then. Straight traffic is still far
- 15:31below pre war levels. And then food.
- 15:35America's beef cattle herd is at a 75 year low, 86.2 million
- 15:41head, the smallest since 1951. The 2025 calf crop was the
- 15:47smallest since 1941 / 100,000. Ranchers have disappeared in the
- 15:51last decade. And it's about to get worse. 70%
- 15:55of US farmers now say they can't afford necessary fertilizer.
- 15:59In the South, it's 78%. Urea prices are up 47% since
- 16:04February. Why?
- 16:05Because fertilizers come from natural gas, and the Strait of
- 16:09Hormuz disrupted a massive chunk of global LNG supply.
- 16:12Iran hit Qatar's Razzlefand complex and knocked 17% of their
- 16:17LNG capacity offline for estimated 3 to five years
- 16:22followed the chain war disrupts the Strait.
- 16:25LNG supply collapses. Natural gas prices spike.
- 16:29Fertilizer costs surge 47%, 70% of farmers can't afford it.
- 16:35Crop yields drop, food prices rise, and 55% of Americans
- 16:40already say they can't keep up. That's the chain from a war in
- 16:44the Middle East to your grocery bill and supply chains.
- 16:47New York Fed President Williams said that supply chain
- 16:50disruptions now echo the severe shortages and supply disruptions
- 16:54that the world economy experienced in 2021 during the
- 16:58pandemic. He said, quote, the future is
- 17:00difficult to see. That's putting it mildly.
- 17:03So let me summarize where we are.
- 17:04The bond market broken, 69 months of decline, longest ever.
- 17:10the Fed fracturing, 4 descent split three ways, oil running
- 17:14out, physical shortages, emerging food.
- 17:17Cattle herd at 75 year low. Farmers can't afford fertilizer.
- 17:22Supply chains are breaking again.
- 17:24Fed. Comparing it to 2021 and 55% of
- 17:28Americans saying it's just getting worse.
- 17:30You know The Clash wrote a song in 1979 called London Calling.
- 17:36It was about societal collapse, nuclear meltdown, the Ice Age,
- 17:40the end of things as you knew them.
- 17:42Kind of wrote my own version yesterday.
- 17:45I'm calling it Weimar Calling. In case you didn't know, the
- 17:49river is Bitcoin. Now before we show you why
- 17:53Bitcoin is the door that can't be locked, let's take a moment
- 17:56to recognize our sponsors powering this show over at the
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- 19:56today. So here's the question.
- 19:58If the surveillance grid is expanding, watching you,
- 20:01listening to you, deciding if you can drive your own car, If
- 20:05the economy is cracking, bonds, food, oil, supply chains all
- 20:08breaking at once. If the institutions are
- 20:11fracturing, the Fed split three ways.
- 20:14The Treasury Secretary admitting AI can hack your bank account,
- 20:18where do you go? Bitcoin just broke 80,000 for
- 20:21the first time since January and it's not breaking out because
- 20:25things are going well. It's breaking out because things
- 20:27are going wrong and smart money knows it.
- 20:30Bitcoin is up almost 50% against gold since March 1st.
- 20:34Gold. The 5000 year old safe haven
- 20:37asset. The thing your grandfather told
- 20:39you to buy. When everything falls apart,
- 20:41Bitcoin is crushing it. The 90 day correlation between
- 20:45Bitcoin and gold just flipped from -.27 to +.29.
- 20:50That's the first positive reading in months.
- 20:53Bitcoin isn't just a risk asset anymore, it's becoming the new
- 20:57safe haven. 505 million in spot Bitcoin ETF net inflows.
- 21:01On May 1st alone I bit pulled in 290.8 million.
- 21:05Fidelity's FBTC added 215 million in total.
- 21:09Nearly 60 billion has floating to Bitcoin ETF S in the past
- 21:13month. There are now nearly 800,000
- 21:16bitcoins sitting in ETF S chain. Alysus just published a report
- 21:20called the New Rails. Their projection stable coin
- 21:23transaction volume will reach 719 trillion by 2035.
- 21:27That's organic growth alone with macro catalysts. 1.5 quadrillion
- 21:32dollars. For reference, the entire global
- 21:35cross-border payments market today is about a quadrillion.
- 21:38Stablecoin payments are on pace to match Visa and MasterCard
- 21:41between 2031 and 2039. Think about what that means.
- 21:46The financial rails that have dominated for 50 years, Visa,
- 21:49MasterCard, Swift are being replaced by blockchain based
- 21:53systems in less than a decade. These idiots could just use
- 21:56Bitcoin. I don't know if you know this,
- 21:58but Bitcoin is fucking money. Senator Cynthia Lummis tweeted
- 22:02yesterday. The digital asset industry has
- 22:04waited long enough. Businesses are making decisions
- 22:07where to build right now. We must get Clarity done now.
- 22:10America's financial future quote depends on it.
- 22:13The Genius Act stable coin regulation has already signed
- 22:16into law. The Clarity Act, Full crypto
- 22:18market structure is in the Senate markup this month.
- 22:21The OCC is finalizing rules by July and Kevin Warsh, who will
- 22:26likely be Fed chair by by May 15th.
- 22:29So let me tie this all together. They're building microphones on
- 22:32your streets. They're putting kill switches in
- 22:34your cars. They're building nuclear
- 22:36reactors to power AI surveillance systems that your
- 22:40community can't stop and doesn't want.
- 22:43The Treasury Secretary just told you your bank account can be
- 22:46hacked. Artificial intelligence.
- 22:48At the same time, the bond market has been falling for 69
- 22:52months, longest ever. The national debt is 39
- 22:55trillion. Oil is running out.
- 22:57Farmers can't afford fertilizer. The cattle herd is at 75 year
- 23:01lows. Supply chains are breaking again
- 23:04and 55% of Americans say it's getting worse.
- 23:08They're building the walls and the floor is collapsing.
- 23:11But Bitcoin, Bitcoin can't be frozen.
- 23:14No Treasury Secretary, no bank CEO, no AI model can reach into
- 23:18your wallet and take it. Bitcoin can't be kill switched.
- 23:21There's no section 24220 for Bitcoin, no remote lockout, no
- 23:26kill switch jail. Bitcoin doesn't care that the
- 23:29bond market has been falling for 69 months.
- 23:32It doesn't care that the Fed is split three ways.
- 23:36It doesn't care that the Strait of Hormuz is closed or that the
- 23:39urea prices are up 47%. Bitcoin was built for this
- 23:43moment, literally. Satoshi created it in the ashes
- 23:47of 2008 because he saw exactly this coming.
- 23:51Centralized systems bailing, surveillance expanding, money
- 23:55being debased, institutions crumbling.
- 23:58And the market knows it. That's why Bitcoin just broke
- 24:0080K while everything else is breaking down.
- 24:03That's why it's up 50% against gold in two months.
- 24:05That's why half a billion dollars flows into ETFs in a
- 24:08single day. They're building your digital
- 24:10prison. The cameras are up, The
- 24:12microphones are on. The kill switches are written
- 24:14into law. Your bank account has 2000
- 24:17vulnerabilities that nobody knew about until seven weeks ago.
- 24:21But there's a door and it's orange and it can't be locked.
- 24:25Why? More is calling, but we live by
- 24:28the river. Hey, wait a minute.
- 24:31Look at our likes 3 or 4 times maybe.
- 24:33I pumped those numbers out. Those are rookie numbers in this
- 24:35racket. Oh, and if you're serious about
- 24:37Bitcoin mining, there's one event you need to be at this
- 24:40summer. Mining Disrupt 2026, Miami, July
- 24:4421st through the 23rd. This is the conference for
- 24:47miners, hardware makers, energy companies and anyone building
- 24:51real Bitcoin infrastructure. Keynotes, panels, massive Expo
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- 24:57industry happen here. Use promo code Simply Bitcoin
- 25:00for 20% off your tickets at miningdisrupt.com and we'll see
- 25:05you in Miami. Pay the lactol.
- 25:07If you got value from today's show, give us a PAMP.
- 25:09Spread the sound money gospel and let us know what you think
- 25:12of all this down below. These are mad times.
- 25:14We're living in mad times, but we were put here for a reason.
- 25:19I love you guys, catch you next time if you.
- 25:23Prefer to go down with the ship. You.