Latest / Simply Bitcoin / Are They Hiding a CBDC in the Crypto Clarity Act? | Simply Originals

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Are They Hiding a CBDC in the Crypto Clarity Act? | Simply Originals · Simply Bitcoin

• 0:00
  So they finally did it. They rebooted the Ponzi.
• 0:03
  The same Ponzi we've been telling you about for a decade.
• 0:06
  The dollar Ponzi, the debt Ponzi.
• 0:09
  The number must go up or everyone defaults.
• 0:12
  Ponzi. They just gave it a new skin,
• 0:14
  new name, same scheme. They're calling it stable coin
• 0:18
  regulation. I'm here to tell you what it
• 0:21
  actually is. It is the Trojan horse for the
• 0:23
  dollar's last decade as the global reserve currency.
• 0:27
  It's a CBDC with a haircut and a fake mustache, and the people
• 0:31
  running it just told the entire planet out loud on the record
• 0:35
  that the only way to save the system is to trap you inside of
• 0:39
  it. Friday, May 1st stable coin
• 0:41
  agreement reached on the Clarity Act May 14th, the Senate Banking
• 0:45
  Committee will hold an initial vote on the Crypto Clarity Act
• 0:48
  bill. The world's most expensive magic
• 0:51
  trick. Oh, we got a lot to get into
• 0:54
  Send it. OK, what I'm about to walk you
• 1:00
  through. They don't want you to
• 1:01
  understand it. By the end of this video you're
• 1:03
  going to understand it better than 99% of Congress, which is
• 1:09
  admittedly a low bar. Half of them think cold storage
• 1:12
  is what you do with leftover meatloaf.
• 1:15
  The meatloaf. Now here's the graph they don't
• 1:18
  want you to see. May 5th 30 year Treasury yield
• 1:21
  breaches 5%. First time since last July.
• 1:25
  The 20 year also through 5. The 10 year breaking out
• 1:29
  Translation for the normies. Nobody wants our paper.
• 1:33
  Foreigners are dumping pension funds are nervous.
• 1:37
  The yuan just hit a three-year high against the dollar.
• 1:40
  Ray Dalio, not a bitcoiner, not one of us, but he is in the
• 1:45
  club. And Ray Dalio looked at his
• 1:47
  spreadsheets last week and said, and I quote, 2026 to 2028 is a
• 1:52
  particularly risky period. That's how billionaires say
• 1:57
  you're cooked. And on May 6th, we crossed the
• 1:59
  line. the US government now owes more than the entire U.S.
• 2:02
  economy produces in a year. The whole country working.
• 2:06
  Every farmer, every nurse, every Uber driver in Phoenix, the
• 2:10
  entire annual output already promised to the bondholders.
• 2:15
  So the question for the treasury is real simple.
• 2:17
  Where do we find the next sucker?
• 2:19
  Because every Ponzi has the same problem.
• 2:23
  Bernie Madoff had this problem. Scam Bankster fraud had this
• 2:27
  problem. the US Treasury has this problem.
• 2:31
  Number must go up or the music stops.
• 2:34
  Enter the Clarity Act. Quick history lesson.
• 2:37
  Take 90 seconds. I promise it'll save your life.
• 2:40
  1944 Bretton Woods First the Allies win World War 2.
• 2:45
  All the gold ends up in Fort Knox.
• 2:47
  Allegedly, every other country pegs their currency to the
• 2:50
  dollar, and the dollar pegs to gold.
• 2:52
  Sweet deal. We promise to redeem dollars for
• 2:55
  gold. They believe us.
• 2:58
  Why wouldn't they? We just liberated Paris. 1971,
• 3:03
  Nixon. 27 years of money printing later, the rest of the
• 3:07
  world finally catches on. They show up at the gold window.
• 3:11
  Pardon me, say my gold place. And Nixon, on live television in
• 3:17
  front of God and country, slams the gold window shut
• 3:20
  temporarily. It's been temporary for 55
• 3:23
  years. The dollar should have died
• 3:25
  right there. It didn't.
• 3:26
  Why? Because Henry Kissinger flew to
• 3:28
  Riyadh and made the Saudis an offer they couldn't refuse.
• 3:31
  Bretton Woods too. The petrodollar price oil in
• 3:34
  dollars, recycle the dollars into treasuries, and will sell
• 3:37
  you weapons and defend you and your trade routes.
• 3:39
  It worked for 50 years. Now it's 2026.
• 3:42
  The petrodollar is dying. The Saudis are flirting with the
• 3:45
  yuan, Russia, China, the bricks. They're all pricing oil and
• 3:49
  everything except dollars. The fuel for that Ponzi is
• 3:52
  running out. So what does the Empire do?
• 3:56
  It does what it always does. It finds a new sucker.
• 4:00
  And this time the sucker is everyone with a smartphone.
• 4:04
  Welcome to Bretton Woods 3 point O.
• 4:07
  Here's the trick. And it's gorgeous.
• 4:08
  You got to give them credit. Every government on earth wants
• 4:12
  a CBDC. Look at the map.
• 4:14
  Pilots, R&D launches, every single country.
• 4:18
  Why? Because the CBDC is the most
• 4:20
  powerful tool of financial control ever invented.
• 4:24
  Negative interest rates that only kick in if you save too
• 4:26
  long. Penalties on gas purchases above
• 4:28
  your average rebates if you buy approved green energy.
• 4:33
  Programmable poverty. That is the dream of every
• 4:37
  central planner since Lenin. But there's one tiny problem.
• 4:42
  The Pleds hate it. Citizens despise CBD CS, Besson
• 4:46
  himself said in a congressional hearing.
• 4:48
  Absolutely not to a USCBDC politically dead.
• 4:52
  On CBDC's I I see no reason for the US to have a central bank
• 4:57
  digital currency. So how do you build a CBDC
• 5:02
  without calling it a CBDC? You let private companies do it,
• 5:06
  and you regulate them through Congress and the Treasury.
• 5:09
  That is exactly what the Clarity Act does.
• 5:12
  Stable coin issuers circle, Tether, the next 10 you've never
• 5:15
  heard of. They're not central banks.
• 5:17
  They're private cryptocurrency companies.
• 5:20
  Oh yeah, cute, adorable. Except every dollar of every
• 5:24
  stable coin is backed by U.S. Treasuries, and every rule about
• 5:28
  how they pay rewards, how long you have to hold, what you can
• 5:32
  do with the coin that's now written by the Treasury
• 5:34
  Department. That's not a stable coin.
• 5:36
  That is a CBDC with a private sector mascot and the genius of
• 5:42
  it. Anyone, anywhere on earth,
• 5:44
  Lagos, Buenos Aires, Istanbul, can hold dollars on their phone
• 5:48
  frictionlessly with rewards they're purchasing.
• 5:51
  Power flows back into U.S. Treasuries.
• 5:53
  You just rebuilt the Petro dollar.
• 5:55
  Congratulations. Except the oil is is human
• 5:58
  attention. Now the headlines.
• 6:00
  You know the bill. This bill bans interest on
• 6:03
  stablecoins. Every legacy reporter typed that
• 6:06
  out, slapped it on Acms published button and went to
• 6:09
  lunch. Did Circle stock drop?
• 6:11
  No, it went up 20%. Why?
• 6:14
  Because the ban is cosmetic. It's a fig leaf for the banking
• 6:17
  lobby. Banks didn't want stablecoin
• 6:20
  issuers paying real savings interest because banks pay .01%
• 6:25
  and would like to keep it that way.
• 6:27
  So the Congress wrote in no interest on passive deposits,
• 6:30
  but they slipped in rewards tied to activity trading, staking,
• 6:35
  holding period, holding period. Read that again.
• 6:38
  It functions identically to interest.
• 6:42
  They just renamed it. This isn't compromised.
• 6:44
  This is K Fab Pro wrestling. The banks win the headline, the
• 6:48
  treasury wins the war, and you, the Pearl holding USDC on your
• 6:52
  phantom wallet gets a reward that looks suspiciously like the
• 6:56
  yield on a 2 year treasury minus the spread for our friends in
• 7:00
  the C-Suite. Now if you don't believe me,
• 7:02
  fine. Bitcoiner on Bitcoiner crime.
• 7:04
  I'm biased, so let me bring in the largest corporate Bitcoin
• 7:08
  holder on planet earth. Michael Saylors sat down with
• 7:10
  Peter McCormick last week and he laid out the entire heist in
• 7:14
  like 3 sentences. Listen.
• 7:16
  The currency supply measured in dollars is continuing to expand,
• 7:20
  probably expanding 7% a year. It's been expanding about 7% a
• 7:24
  year for 100 years. And that currency printing goes
• 7:29
  to finance wars, foreign wars, trade wars, social programs,
• 7:35
  government deficits, any kind of political program. 7% every year
• 7:40
  for 100 years. That's not 2% target.
• 7:43
  That is a continuous silent multi generational tax on anyone
• 7:48
  too poor to own assets. And nobody passed a bill for it,
• 7:52
  nobody voted on it. There's no signature.
• 7:55
  It's just the air that we breathe.
• 7:57
  It's true that that people that don't own assets are suffering
• 8:01
  from that monetary debasement without realizing it for the
• 8:06
  most part. Without realizing it, that's the
• 8:08
  whole game right there. The brilliance of a Fiat is the
• 8:12
  tax is invisible. If the IRS sent you a letter
• 8:15
  saying, dear citizen, we're taking 7% of your savings this
• 8:19
  year to pay for a war you didn't vote for him and a banker's
• 8:23
  yacht, you'd March on DC with a pitchfork.
• 8:26
  But because they do it through the printer, you don't even see
• 8:30
  it, you just notice you can't afford a house.
• 8:32
  Human capital is going to be monetized, you know, and, and,
• 8:36
  and that's really the lesson, which is if you think the glass
• 8:40
  beads are money and someone comes along with gold, then
• 8:44
  glass beads get demonetized and you'll be poor if you hold on to
• 8:47
  them. It used to be that people that
• 8:50
  were big and strong that could, you know, work in a farm field
• 8:55
  had value. And then the machines came along
• 8:58
  and it's like, no matter how strong and how hard working you
• 9:01
  are, you're not as hard working as a tractor.
• 9:03
  So that's not interesting to me anymore.
• 9:07
  And I, I think you see the progression of waves.
• 9:10
  So today what you want to do is make sure that you know, you're
• 9:15
  not in the critical path of what the AIS can automate in the
• 9:19
  white collar world. And you don't want to be in the
• 9:21
  critical path of what the robots can automate.
• 9:24
  And the blue collar world you got about 10 years before the
• 9:27
  robots arrive. 10 years sailor doesn't say things lightly.
• 9:31
  The man speaks in 100 year time horizons and he just told you
• 9:35
  and Peter and 361,000 viewers and counting.
• 9:38
  You've got 10 years to stake your claim because here's what's
• 9:42
  coming. The currency is debasing 7% a
• 9:44
  year on average. Robots are about to demonetize
• 9:47
  white collar work. AI just demonetized lawyers,
• 9:50
  accountants and copywriters. Your wages, the thing you trade
• 9:54
  your one finite life for A racing in a sack race against a
• 9:59
  Ferrari. And the Ferrari has a
• 10:01
  turbocharger called the Fed. So what do you do?
• 10:04
  Well, I'm about to give you the deepest truth about the system
• 10:07
  and what you can do about it. But before we do, we got to
• 10:10
  recognize our sponsors powering this show.
• 10:13
  Oh, and wait a minute, say it ain't so.
• 10:16
  Look at our likes 3 or 4 times maybe.
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  I pump those numbers up. Those are rookie numbers in this
• 10:21
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• 12:14
  the system and I'm going to give credit where it's due.
• 12:17
  This guy, Joshua Forteza wrote this banger essay this week and
• 12:21
  he sent it to me. We'll put that link in the
• 12:23
  description. Go ahead, check that out, read
• 12:25
  it. But he said this, it's pretty
• 12:26
  sharp. What actually drives the masses
• 12:28
  of human society either forwards and it's progress where number
• 12:32
  go down, or backwards and it's regression where number goes up,
• 12:36
  is the underlying supreme governor of all the monetary
• 12:40
  policy. Read that twice.
• 12:42
  The Dirty secret of this entire civilization is that under Fiat
• 12:46
  debt money, the money you and I are forced at gunpoint to use,
• 12:51
  number must go up. Prices must rise.
• 12:55
  Why? Because if prices fell, debts
• 12:57
  would become unpayable. In real terms, the whole pyramid
• 13:00
  implodes. The cantelon class, the people
• 13:02
  closest to the printer. They'd actually have to work for
• 13:05
  a living and we can't have that. So the system has to engineer
• 13:10
  deflationary brakes. Forteza names them energy, choke
• 13:13
  points, regulatory tickets, welfare, credentialism, war,
• 13:16
  bread and circuses, endless distraction.
• 13:19
  You know what every single one of those is?
• 13:22
  They're not bugs, they are features.
• 13:24
  System is what it does. The system is not anti progress.
• 13:28
  It's anti rapid on monopolized progress because rapid progress
• 13:33
  makes things cheaper, and cheaper kills the Ponzi
• 13:36
  innovation that the cantillionaires can't capture is
• 13:39
  a threat to monetary policy. That's why every great
• 13:41
  innovation gets strangled. That's why nuclear is illegal.
• 13:45
  That's why the FDA exists. That's why your kids school
• 13:48
  taught them about pronouns instead of compound interest.
• 13:51
  That's why the wars never end. That's why the university's cost
• 13:55
  a quarter $1,000,000 to teach you Marks number must go up or
• 14:00
  the cabal eats itself. That's the entire show.
• 14:03
  That's the whole movie. So what's the move?
• 14:06
  Well, Saylor told McCormick. This Bitcoin simply represents
• 14:12
  the highest form of capital that the human race has yet to
• 14:16
  discover. Listen, gold worked.
• 14:19
  Gold worked for 5000 years. Gold won against silver, copper
• 14:23
  against glass beads. But gold lost to the modern
• 14:26
  economy in one specific way. Gold cannot teleport.
• 14:30
  You cannot move $10 billion of gold across an ocean in an hour.
• 14:35
  You can't defend it from a state that wants to seize it.
• 14:38
  You can't put it on your phone. Bitcoin can.
• 14:41
  Bitcoin is scarce, desirable property that you can move at
• 14:45
  the speed of light. Bitcoin is the first asset in
• 14:47
  human history with a fixed supply and 0 physical
• 14:51
  jurisdiction. You can carry it in your head.
• 14:54
  You can move it across borders with 12 words.
• 14:57
  You can self custody. No bank, no government, no
• 14:59
  permission slip. Here's the part that should keep
• 15:02
  Bessent up at night. Stable coins funnel global
• 15:05
  purchasing power into treasuries.
• 15:07
  Bitcoin funnels global purchasing power out of
• 15:10
  treasuries. They're economic opposite.
• 15:12
  Stable coins are a methadone clinic for the dollar.
• 15:15
  Bitcoin is the cure. Every dollar of stablecoin
• 15:18
  demand is a dollar that is not in Bitcoin.
• 15:21
  And every dollar in Bitcoin is a dollar the Treasury can never
• 15:24
  tax, seize and flayed away. That's why they need this bill
• 15:28
  so badly. That's why Besson is on TV every
• 15:32
  week begging Congress to pass it.
• 15:34
  They're losing and they know it. Bretton Woods one fell in 1971.
• 15:39
  Bretton Woods 2, the petrodollar is dying right now in front of
• 15:42
  all of us. Bretton Woods 3, the stable coin
• 15:44
  Trojan Horse, is being walked through the gates this week.
• 15:47
  But here's the part they're not telling you.
• 15:48
  Bretton Woods 3 is not the new system.
• 15:50
  It is the panic button reboot of the old system.
• 15:53
  Real money is not running on the Treasury's permission.
• 15:57
  Real money runs on hash power, not handshakes.
• 16:00
  Real money is digital, scarce, stateless.
• 16:03
  They have 10 years. Maybe you have 10 years.
• 16:06
  Definitely stake your claim. Oh, and if you're serious about
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• 16:38
  you in Miami. Hope you all enjoyed this one.
• 16:40
  Let us know what you think down below.
• 16:41
  If you got value from the show, subscribe give us a Pam.
• 16:45
  We're dropping news and coverage analysis memes seven days a
• 16:48
  week. So set those notifications and
• 16:50
  share this with one of those normies in your life who still
• 16:53
  thinks the system is fine. Tell them they have 10 years.
• 16:57
  I'll see you next time. Love you guys.
• 16:59
  If you. Prefer.
• 17:01
  To go down. With the ship.