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the audio files who listen to the show are going to be very happy this is uh I am a man of the people and when the people uh yell and scream I listen uh and I respond uh and I throw money at the problem uh and here we are loud and clear coming through uh so yeah it's uh the audio files they attack me the YouTube comments it's like make sure your guest has I'm like I can't control the guest mic and I it freaks if you're listening I didn't it's not like I side channed
with Mark he listened I didn't even have to tell him he's got the mic we're here to talk about something Whitney I think me and you started talking about this broader subject last year with Ian Davis with the sustainable development goals series that you guys wrote and this attempt to uh monetize swaths of land natural resources throughout the developed world yeah and Mark and yourself wrote a piece came out April 4th so 12 days ago debt from above the carbon credit coup it seems like there is an initiative to push these efforts forward that involves
a lot of things particularly satellites and Bitcoin side chains so I think before we touch on the broader topic maybe we touch on that later let's talk about the specific piece that you two co-wrote what is going on right so let's start off from like the broader part so yeah like I came on with Ian I guess a year or two ago and before that I I came on with you to talk about natural asset corporations talking about this broader effort uh one of the people leading this of course are people like Mark Carney trying
to recreate the Global Financial governance system recreate the multilateral development bank system and a big part of this is uh juicing up voluntary carbon markets and making them voluntary in name only and really making them involuntary carbon markets and there's a lot of reasons why they want to do this uh specifically uh it's a big shift towards uh I guess supercharging Commodities and tokenizing them uh for this coming Financial system and of course carbon is one of the you know a big commodity that they want to um you know introduce into that and a big
way they're doing that is through the financialization or securitizing uh of Nature and so there's a you know that's a big part of the big part of the play here so specifically this piece this is a two-part Series so the first part the article that's out now is specifically about this thing called green plus uh and green here is uh an acronym I can't remember exactly what it is right now but it's in the article it's something like uh uh Greenhouse like gas reduction and Emissions for net gain or something like that I don't know
it's government reduction of emissions for environmental net plus gain I had like some of the words in there whatever than they're getting they're getting they're getting crazy with these acronyms nobody's going to remember that yeah totally so anyway there's like several founding members and this program has obviously had several iterations but it's a it's honestly a very secretive program and the longer it's gone the more time has gone on since it was first seemingly launched in 2022 the more um obfuscating they've become about the details um around it and so the only program description that's
really available of it anymore is on the you know of the nuts and bolts of what this program is supposed to be is on the way back machine you know the internet archive uh but the program is still on you know and if you look at the website for the program now it's just a countdown to Miami climate week which is uh at the end of this month now this April now pretty much uh and it's a countdown to when they launch the rest of the satellites for this program and so this is basically you
know a carbon credit system uh enacted by uh via cont Contra uh contractual obligations uh that NGS are sort of uh yoking the public sector to it's a public private part partnership essentially which is you know how they're they they're pushing a lot of this SD um sustainable development goal stuff through in general and so by by doing it at the subnational level they don't have to interact with the national level level no like Congressional approval Senate approval they're going straight to like City Halls essentially and getting Mayors and heads of municipalities to sign on
uh to this thing and and basically uh give uh this program the rights to turn protected areas and the goal is of course every municipality in Latin America uh give them the right to turn those protected are areas into natural Equity uh through the creation of carbon credits that are produced off of these protected areas uh with the supposed benefit for the public sector of getting money from the the the sale of these carbon credits in return but there's you know as we discuss in the piece there's a lot more going on there and a
lot of this is um uh something that's been overlooked in the context of carbon markets is that there's a big surveillance component to it surveilling where the carbon is sequestered that underpins the carbon credit yes and so a big part of this piece is about the satellite firm that was contracted to do this specifically which is called satell logic um very deeply in mesh with us intelligence and US intelligence contractors like SpaceX and palent um which I've you know done a lot of work on paler over the years and basically the ambition of paler is
to be a relaunch of the total information awareness program that we've talked about on the show before Tia uh that was tried they tried to launch after 911 and then was shut down because they said it would eliminate civilian privacy throughout the United States and I mean it has done that but it's a private sector only thing you know they took DARPA out of it by inran name only to be quite honest and so anyway this particular satellite company which has ties to DARPA and DHS and the NSA and what have you um you know
and has put paler in space basically um is the company that's going to be surveilling all of these uh forests and really beyond that the municipalities as well in Latin America because one of the partners of this particular uh initiative called the energy Coalition ahead of that in the press release announcing this and their their team up with the sellic satellite company said that the the goal is to measure carbon emissions from space and make that part of this voluntary that's not really voluntary carbon market so you know you're emitting too much carbon you're using
a wood stove uh you have too much you know you have too much livestock I don't know or you're emitting too much heat for a reason X Y and Z in this urban area we're going to surveil that from space and charge you accordingly or you will have to purchase this many off off ETS or this many credits you know uh it's part of this you know de-industrialization agenda and only those that these guys like can industrialize and like use energy and those that they don't like or doing things they don't like you know it's
a way to CH you know Force Behavior by you know making energy money essentially among other things obviously yeah a couple things here highly skeptical I mean I don't know maybe the technology has advanced to a point where you can actually surveil carbon emissions from space but it's like how are they even calculating this like how could you measure this from a satellite maybe I'm completely speaking out of my depth here and the technology does exist but I find it uh very hard to believe that you can accurately measure all these emissions from a satellite
and then two Whitney it's not surveillance it's observation it's just Earth observation they're just observing the Earth and issuing these credits okay let's get the language it's not surveillance we're just observing here observation is Preservation okay that is a uh phrase of satell logic this company um yeah it's simply observation there's no surveillance here at all um oh to to comment on the first part um uh in regards to like the the technology yeah I actually think the technology unfortunately is there um and it's there for you know this is obviously a private company um
sat logic we can get into some of the background of it but I mean right there on the board right we have uh General Joseph Dunford um uh you know who's partnered with Steve minuchin with Liberty strategic Capital which is one of the the funders and founders of SATA logic but there's a lot of government uh and intelligence ties um uh and and uh you know American infrastructure ties with the caterpillar company um just like right here all on the board of SATA logic um and you know basically they they have uh the technology to
be able to uh yeah as you said observe space um to to an incredibly accurate degree um I'm trying to see exactly what their uh you know what what they what what the lenses that they use are I'm not exactly sure where we put it here but um I mean these these satellites drop you know they use Amazon web service which is you know obviously a CIA contractor and uh you know has worked with the Pentagon uh with their space development agency um they're they're beaming down 5050 gigabytes of data per day uh which is
obviously an insane amount of data um and so there's incredibly high res um you know imagery uh that's being taken by these very small satellites um and uh you know this company is basically giving access to uh you know the world's data um uh to private companies to governments um and and really any VC firm uh or local or national government um that wants to partner with this company um they're able to get access basically to Earth observation data that normally is um pretty much uh you know only for nation state level intelligence agencies so
they've basically privatized um you know the NSA and the CIA which obviously you know we know about through you know Inc utel um and through pounder which are you know essentially kind of these two arm terms of the the public sector intelligence becoming private sector and now it's getting to this place where you know places like Paraguay um and and some of these municipalities that are mentioned in our piece are now being able to access um you know for a fee uh you know data from Earth um this is of course obviously done under the
uh the means of of providing uh a service um and not just observing every you know square inch on Earth Earth and and you know it's done under this way of you know hey you have an oil company an oil company and you need to watch all of these these pipes great uh you want to do that with an airplane it's going to cost hundreds of dollars an hour uh you want to do this with a satellite uh or a group of satellites a constellation Service uh you know that's going to go down to you
know below $100 an hour you know 60 bucks an hour um so it's kind of done under this uh this economic of you know scale um and pitched as this you know basically the market is asking for this uh when in reality you look at the people that are you know behind it and what are the means you know behind this expansion um into space you know as wh he said paler in space essentially um and I I would say there's there's certainly much more nefarious um uh intentions behind uh this group and we can
get a lot more into it for sure but that's a little primer on satle logic there yeah after reading the piece and disc in the subject with you too um in chat it seems like this is the next I mean wait we talked about this with Ian and even before that but it's like the next iteration of junk bonds brought too they're just going further out yeah as soon as one thing fails they're on to the next thing and this is the next thing and there's a lot of people that have historically been involved with
these synthetic markets that Wall Street spins up to to get some yield out of the greater public uh and this is simply the next iteration to that with a Sci-Fi twist to it yeah I mean literally the junk bond Predators from the 80s are the people financing this now and like involved in it it's it's very crazy and actually the person that created carbon trading essentially um is this guy named Richard sander who is also credited with being the father of financial Futures credited with essentially creating getting the collateralized mortgage obligation uh he was a
senior vice president at Drexel Burnham Lambert in the 1980s made Millions upon millions of dollars during the junk bond paloa over there that caused that bank to collapse um and then he was um contracted basically by the Bush Administration Bush senior to develop an offset trading scheme for Bush senior's uh EPA for sulfur sulfur dioxide emissions I believe and then after um that program uh he was contract uh contacted by Marie strong who's this un guy um but very scandalous figure very deeply tied to Rockefeller interests for example and just you know the worst of
the worst oligarchs and um and you know figures in the Predator class of not I guess Marie strong was a frontman for me for frontman for many of them um at the UN he's the guy that put on the re Summit that launched a Jun of 21 now 2030 the sustainable development goals um he had Richard sander come and and basically launch the whole idea of creating this private carbon Market as a solution to the climate change uh situation and a lot of these same figures in this particular un Rockefeller uh Nexus have been involved
with things like um trying to limit population and industrialization through groups like The Club of Rome uh which is discussed in this piece because one of their uh descendants in terms of organizations is one of the governing members of this green plus carbon Market program called the global footprint Network yes and uh these guys uh the club of Rome essentially grew out of these different organizations that were part of sort of the influence um axis of influence of the Rockefeller Network specifically in Latin America which was involved in the installation of at least some of
the us back CIA backed military dictatorships in Latin America in the 1980s uh but one of these organizations was called Adela again another acronym and basically what this was where was where major multinational corporations and oligarchs of Europe in the United States essentially acted as king makers for who would become the uh corporate Titans or rather the oligarchs of Latin America and this is something that they've done not just in Latin America you know they also did it during uh after the collapse of the Soviet Union for example and uh all of these state-owned assets
of Russia of Russia were privatized and put in the hands of these carefully selected oligarchs and of course the architect of that system in Russia right that's Larry summers in Harvard uh doing all of that essentially under Clinton and so that same system has has been done you know I would argue really throughout the world and so this was done in Latin America through Adela and Adella sort of spurred the creation of this of this club of Rome organization which goes very much together with this um National Security memorandum that was issued by Henry Kissinger
during the Nixon Administration that basically frames um birth High birth rates in Latin America and allowing them to industrialize to developed country levels as a threat to na US National Security with the goal of having uh you know basically allowing these these figures you know the the desire to control you know how you know their population figures and how you know far along they industrialize and control of their resources and you know essentially this program we're talking about now is a modern iteration of all of that and you have all of of essentially the same
uh players that have historically been doing this to Latin America specifically but also Beyond Latin America as well um doing this you know for the modern era uh you know attempting to put it all on on blockchain have it all be a surveill uh you know digital Enterprise essentially and I think it's quite sophisticated honestly the way that they're going to try and Market this because what they've been doing and I think we talked about this last time as well is that you know fundamentally what's running the world right now is a global public private
partnership and so what's been demonized uh not necessarily wrongly you know uh within the Independent Media sphere postco has been the public sector and of course the world economic Forum the United Nations all of those guys are not good at all right but it's a public private thing and so there's been a lot of focus on how the public sector part of this is bad and corrupt and the answer that we're being led to is oh well let's just put it all in the hand of the private sector but the world economic forum is the
private sector and they've created these public private Partnerships um because it it converts the nation state into the enabling environment for all of these policies developed by you know unelected oligarchs who are stealing people's wealth through these insane wealth transfers and are the people that ultimately control uh you know the Federal Reserve for example you know the Federal Reserve is seen as oh the central bank it's a statec connected entity to an extent I guess that's true but I mean people should know in the US that it's commercial Banks like JP Morgan and City group
that really like own and run the Fed you know and people forget that so if you're going to move from you know Jerome pal to Jamie Diamond there I don't really see there being any functional difference in what that means for the common person you know what I mean and so essentially what's going on here is that you're having a mix of of both happening here and you know if they're not going to succeed in selling programs through the public sector they're going to go to the private and be like let the free market decide
but these are not free market people these are career Financial criminals these are like the Drexel Burnham Lambert goons um and and people like that you know engineering new ways to engage in blatantly illegal Financial activity and fraud um and steal and that's what a lot of these Wall Street Giants have been doing for a long time with complete impunity and the idea that they should you know be given full free grain to do that just because public sector bad you know I mean that's not that's the Trap I think they want us to fall
into and unfortunately you know these are the same guys that we know what they've done before and they're financing this stuff now so in addition to Richard sander you know you've Michael milkin himself a big junk bond guy he's all in for the sustainable development goals um the person ran his crypto initiatives is now running algorand which is uh getting involved with this kind of stuff as well with uh you know stable coins and efforts to implement cbdcs uh they're partnered with some of the people we talk about in this piece uh Ki Bank specifically
trying to get involved in El Salvador's you know digital money Paradigm among other things um you know that's that's a bit unnerving and then of course you have Craig kogut who was directly involved in the junk bond Department of Drexel bur and Lambert as well uh he directly finances several of the groups that helped create this green plus program and is also financially entangled with the head of uh satell Logic the satellite company that's underpinning all of this so these draxl guys are here in full force uh I would argue that yes the carbon credit
uh the voluntary carbon Market is junk Bonds on steroids frankly um because it's Being Framed as a planetary imperative we must participate or we will all die is essentially what they're arguing right um but it's participating in in their grift I mean these these carbon credits have time and time again been exposed not just by people like that don't like you know the idea of climate change policy in gen General traditionally on the right but also like environmental groups on the left that are like please govern Me Harder daddy about climate change they're like no
carbon markets are bad too uh because these credits are meaningless essentially and it's creating a new market for all of the stuff that they can just like you know essentially looking for new ways to enable them to continue their extreme fiscal irresponsibility at both in both the private sector and the public sector and allow them to steal everyone's money and wealth yeah I think Craig Craig Kat and and and uh and milin are are it's a really good example of this private public partnership cabal thing because you know what was the thing you know everyone
is cheering for Trump to uh you know to Pardon Assange on his last days in office and and who does he decide to Pardon Michael [ __ ] milin who is an absolute I think Whitney called him a literal ghoul uh on on Twitter the other day which which is absolutely true a total ghoul and and so Craig kogut was was like I believe the lawyer um for the the junk bonds Department basically and and for milin kind of doing this this huge um fraud uh and he of course you know founded Pegasus capital Apollo
Global Management Pegasus capital is one of the main F funders of cc35 um and before um Pegasus Capital um funded cc35 Emelio caraman who's the founder of uh satle logic um they Co they did a joint venture together um under the Pegasus capital name called Aon aaga Ventures um which aaga Ventures excuse me which served as a member of the special projects group for the World Bank um and then of course creating SATA logic which sort of spun out of this core Securities Technology Group um which was co-founded by caraman and Ricard who's the CTO
of SATA logic now who listed you know having clients is like the NSA and NASA looh Martin and DARPA um you know kind of in the late 90s um this group also core security was was uh connected with the Endeavor Foundation um which comes up all all across the board with connections to Reed Hoffman and um from you know a bunch of PayPal guys with with Marcos Galpin of of Maro Libre all of these groups um but you know Craig kogut uh you know is is you know hugely um important in in this in the
junk bond Scandal um you know it's like there not only is it the same mechanisms just with kind of a blockchain Twist um but it's the same people um and it's the same people that are you know getting uh you know basically using the government as this enabling environment using the pardoning power um of a banker president um in a private sector ghoul like Trump um who who did so many things at the beest of private companies whether it's big Pharma whether it's these Banks printing trillions of dollars locking down the country pushing vaccines um
and and basically going in lock step uh basically with the world Empire uh in in in Co policy um and you know the last thing he does before he walks at the door is is free is free this ghoul uh and Michael milin um so you know you're really seeing this this thing kind of this T you know begin to take shape uh and another I think essential thing in regards to the Trump um cabinet and and this whole play uh is staple coins right and we talked about this a bunch last time but you
know specifically there was this letter sent um from Kushner to minuchin uh referencing this blog post by Sam Altman um about you know the creation of this usdcoin um you know and using a dollar stable coin uh and how you know this might be an important uh you know lever for for our cabinet and for our government to you know sort of take advantage of to basically perpetuate the treasury market um and and US dollar denominated liabilities across the world and so what did we actually see in regards to using the government as as an
enabling environment we saw um the officer of the comp toour of the currency which is basically the you know the highest um position in the government of um you know financial litigation and law um you know we saw a former VP of coinbase and a former one West partner um Brian Brooks uh come in and be and uh sign legislation that basically said that all banks private Banks could hold crypto assets and specifically could could play with stable coins and you stable coins um and then of course on the board of SATA Logic the chairman
of the board uh is our boy Steven minuchin uh who of course was put in by Trump to run the treasury um who printed you know trillions of dollars uh in in connection with Jerome Powell and the and and the FED uh for for covid stimulus but basically they allowed this entire operation um that we're now seeing you know through the the private sector Coalition that's that's basically uh I wouldn't say is coming out of Argentina and out of South America but it's certainly rooting very strongly there um and we're seeing so many people connected
with this group that is essential infrastructure to the dollar stablecoin um cabal I guess um you know there's very few people more important um to the digi the digitalizing of the dollar um then Steve minuchin and then of course um hoe letnik uh who is also on the board of s satell logic whose company canor Fitzgerald took satell logic public um and he his company caner Fitzgerald uh holds uh the majority of the US uh treasury bills for tether uh which is of course the largest stable coin provider uh in the world that just just
under $1 110 billion dollar market cap um is on the board of satell logic took the company public I mean is is an essential part of of of SATA logic so we have Steve minuchin we have a former General uh we have a a guy essential to the treasury uh Ponzi continuing and the digit the digitalizing of the dollar um via tether um all connected uh you know to this one satellite company that is uh offering a service to be able to uphold um you know what essentially you know breaks down to parametric Insurance uh
Clauses and and other data points that can be fed into a blockchain um that can actually enable dollar denominated liabilities to back real world assets so we're going to start to see you know kind of this this uh you know very spooky uh uh Coalition come come to formation and begin to see really this play to um you know to to to dollarize Really the natural world um in this way that is backed by uh data from satellite companies um that are run by you know historically ghoulish uh you know private and public sector um
uh I hate to just keep saying ghouls but I mean just these these worst of the worst people um that are upholding you know these these very important positions um all across this entire uh cc35 green and sellic um combination here of of private sector uh businesses um you know you really see this this conspiracy begin to take shape yeah coincidentally enough Steve minuchin and his private Equity arm just took over New York uh Community Bank Corp as well so building on what Brian Brooks did and everything going on with satal loic that's a a
very timely and strategic acquisition um for for minin specifically well those guys specifically Steve minuchin and then Dunford came on to that firm and it's also us uh Trump's uh ambassador to Israel David fredman and some other people that were uh under Manu the treasury Department that make up that minuchin lead VC firm that we're talking about here uh their first investment when they launched was in this company that I wrote about I guess four years ago now uh called cyber reason and the reason I'd written about them is because they were gaming out the
uh the use of cyber attacks uh to it was a foreign company uh Israeli company gaming this out with uh the US DHS uh the Secret Service um and in other parts of you know us law enforcement including local police departments I think the first one was actually with the Boston PD um anyway uh gaming out the precise conditions that hack would have to do in order to get the US Presidential election cancelled and martial law declared in the United States and again this is like a foreign intelligence company uh cyber reason in minuchin that's
the first investment they make as a VC firm and at that same time they were also trying to recruit to the VC firm yasi Cohen who's the was director of mad while Trump was in office um and instead of going to minuchin's firm uh yassi Coleman went to SoftBank which is the main investor in cyber reason and now runs like I think one of the main arms of soft Banks and you know that decides their Investment Portfolio and whatnot um so a lot of weird stuff going there in the realm of you know is this
a us or Israeli intelligence link with the with the minuchin BC firm it seems to be uh both if you ask me especially with someone like David fredman there who during his tenure as ambassador to Israel for the US um was pretty open that he was you know very very cozy with the Netanyahu side of things which I mean the the Trump Administration in general was because Trump's biggest uh you know funer uh during his first campaign and and first term was Sheldon Aden who of course is now deceased but um you know Sheldon Aden
is the reason Trump put in John Bolton the reason he moved the embassy to Jerusalem you know among many other things and is also a big funer was a big funer of Netanyahu as well so a lot of cross-pollination there that's worth pointing out as far as minuchin goes but minuchin is definitely um a figure that people need to I don't know I guess remember about because now that it's like a presidential election and everyone's like oh which side are you on Biden's terrible and so if you're not with Trump you're with Biden you know
that whole mentality um is back you know people kind of forget that you know Steve minuchin was a guy that should have been prosecuted for what he did in the 2008 financial crisis and he wasn't and then Trump puts him in charge of Treasury uh in and you know while head of Treasury as Mark pointed out engaged in uh very very bad and fiscally irres responsible policies under covid and a lot of that you know those irresponsible policies the effects of which we're still feeling now and robbed Americans of the significant amount of their purchasing
power um you know essentially that money that was printed was handed off to Black Rock uh you know Larry Fink uh to hand out to whoever he you know felt uh deserved it whatever that means and of course before Trump was in office his uh family's finances uh were managed by Larry Frank and he appointed Larry f to his business Council and definitely is a big fan of Larry so people need to keep the stuff in mind uh now that it's season and who was the da in California that should have prosecuted manin but didn't
Camala Harris of course also I just want to say soft TSA advisor Corp uh was the lead investor of the pipe offering of 100 million for the satal logic um spack with canor uh and JP Morgan of course served as the exclusive finan adviser to COGIC so uh just to wrap up some of those names in there yeah Whitney I think what you just said about minuchin's time as treasury secretary is very important because again this whole concept of a public private partnership and the the facade The Mirage that there is actually anything separating the
private and the public sector these days is very important for people to understand and really internalize is that they the we whoever it may be they're trying to put us in this Frame where it's like hey we have the private sector and the public sector and we need them to cooperate um when in reality they're more merg than ever before you have the doors they are the same exact thing they're trying to different hands of the same person and they're demonizing one hand to send people into the other hand and this is what they always
do and you have to realize that both hands are bad don't go in either their hand you know well that's you have to reject their frame yeah don't go in either hand their frame is between the the space between the hands and they're just getting ping ponged back and forth and Mark I won't speak for you but I'll speak for myself this is why I'm in Bitcoin is because at the core of this quote unquote public private partnership is the ability to print money out of thin air and throw between the hands and so whether
it's uh the emergence of junk bonds uh we mentioned Pegasus connection to Apollo I mean that was a big thing in September of 2019 when you had that overnight repo spaz and many people don't know this but the FED created new facilities that allowed hedge funds to get access to the FED window um and then with minuchin's very irresponsible fiscal policy and the expansion uh of the debt since 2020 the fed and the treasury have been put in a position where they essentially are merged at this point there really is no uh difference between the
two they have accounts with each other and they're sort of just sloshing funds between each other they are essentially merged and so there is no private public separation so this idea of a private public partnership is all [ __ ] it's all the same thing especially after the the the dissolving of certain you know legislation uh you know that prevented kind of banks becoming investment firms and and and uh you know these these really big uh you know Interstate um entities right I mean in 33 under FDR we had glass deagle be put in which
was you know basically prevented Banks from um you know C certain uh you know types of commercial com engling commercial deposits with insurance products PR totally yes exactly exactly and and then you know of course what did we see we saw in the in the mid 90s um you know we saw greenpan who later you know went on to you know to run the Fed we saw um we saw him uh you know put out a pamphlet while at uh JP Morgan um that was you know rethinking glass deagle we saw Larry Summers help disolve
this um who you know you know kind of very infamously kind of jumped back and forth between some of these private and public things as well as you know universities with with Harvard as well and so we saw kind of this push uh of you know back and forth this ping ponging of when there was an advantage to be within the public sector um you know these people are in the public sector um when there is an advantage to be in the private sector uh these people are in the private sector you look at someone
like a minuchin um you know ping ponging back and forth from one West when hey we can take advantage of now that glass deagle is dissolved um you know we can take advantage and basically use taxpayer money to back um you know this ridiculous um you know CDO CMO gambling um with you know retirement funds and people's money uh that should be uh you know much safer um we can go gamble uh and have a bunch of fun when this all blows up uh taxpayers are on the hook and and you know there's too big
to fail um you know with with the basically the creation of of City Corp um and and and and Chase and and all of these groups kind of coming together to become too big to fail right at the same time as as these regulatory um you know uh you know basically methods that would have prevented these things from happening are being dissolved by goons put into put put into power to dissolve these laws now they're back in the private sector they make a bunch of money off of it and then they come back into the
public sector um right before covid um and Brian Brooks and minuchin kind of set up uh what they need um you know using government as this enabling environment to set up the blockchain carbon credit system uh and then as soon as they're done and the Trump presidency is over and they've done what they needed to do uh they leave and they go back to um you know the private sector and they set up uh you know these systems um to take advantage of basically private Capital creation um you know stable coins I think are very
misunderstood because it's not like they're really this novel technology I mean dollar creation has pretty much always been a private sector uh Gambit it's just now it's on a blockchain and it's digitized but you know a group like Cantor holding you know 80 billion plus or whatever whatever percentage of the tether uh bonds are holding you know that was always something that was done by private sector Banks um and now we're just seeing it done um with a much smaller uh you know instead of having all the energy and Manpower and Office Buildings and real
estate needed to run you know a huge International operation of from from a banking stand Point um now you can basically run tether with you know 50 employees or whatever uh and and be 110 billion doll um you know private Capital creation entity um so blockchain basically just allows them to you know perpetuate the dollar perpetuate the Treasury System and then do it in a much more efficient way uh without requiring all of this overhead um so I think these these systems were very deliberately put in place um you know by these ping ponging public
sector ghouls um to you know make them a ton of money uh there's a reason why ho lutnick has come out and said that he loves uh Bitcoin and he loves tether and they and he loves Circle and you know they're making a bunch of money for him you know with in a high interest rate environment you know holding 80 billion plus or whatever they hold in in treasuries you know you know earns them 5% or or something like five and a half percent in a year um that's a huge amount of money when it's
billions of dollars um for basically nothing um and they get to use uh you know that those those funds to buy Bitcoin um and make a bunch of money and and appreciate the the um appreciation of Bitcoin that we've seen this year um as it just gets more and more scarce so yeah I think this this idea of this private um public um you know barrier it's just completely dissolved um and we're really at a point I think just in general where uh you know we've really hit this this World Empire context um and I
think a lot of people you know as it comes down to election season as as we start to see you know again conflicts in Russia Ukraine or you know in in Gaza it's like people just immediately fall back into these two-party systems uh and this private public system and I think um most of these are are are generally just distractions to keep us um you know to pick a side and be against the other side rather than really be against the hidden that is really controlling both sides of these Dynamics um it's so easy to
fall into and they're getting so clever with it you know we're seeing this huge explosion of interest in Austrian economics this huge explosion uh of like sentiment of libertarianism you know through a Malay um and what is Malay actually doing he's selling all the lithium to Israel uh he's dollariz the country he's putting out a a red carpet for musk and for Larry Fink to just come in and privatize the country um and dollarize the country even more than it already is um and I think that there's a lot of uh a lot to be
learned by the basically the hegelian dialectics that are being employed uh on us um to be distracted from you know these mechanisms that are really being put in place and when you see something as dire and as Extreme as you know intelligence linked satellite companies um creating a metric uh and a mechanism to dollarize you know the forest and World assets and create commodity back stable coins to completely take out the power from the state and give it to private companies this isn't necessarily the win that we all think it is as you know kind
of Li liberty-minded people you know I don't want Steve minuchin running my money whether or not he's running satle logic um or he's he's in the treasury uh uh he's he's he is he's not to be trusted um and so I think we're we're we're falling for this dialectic and this fall Choice quite extremely in my opinion quick break here freaks this rip is brought to you by gradually then suddenly a framework for understanding Bitcoin is money by Parker Lewis I wrote the forward to the book I'm honored to have done so because it's the
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to get in front of what's Happening next week in Miami and I do think the like I see it just from the conversations I have a 1031 talking to institutional investors and they're all caught hook and sinker on the tokenization of assets meme uh they think that is the future that is what they're investing behind throwing a lot of dollars at um but like I said in our chat I do think there is a chance that this all implodes in on itself and particularly because it's such a complicated system you're combining Satellites with these physical
natural assets on the planet and then you're throwing a blockchain in the mix not only a blockchain a side chain and then on top of that tokens and there's a lot of problems that can arrive or arise from that but before we get into that I think maybe this is a good point to uh let the audience understand how the blockchain aspect fits into this what are the mechanisms that are being used to tokenize these carbon credits these assets to create these stable coins um and so you guys highlighted in the piece uh pivotal part
of tech technology in this whole mix is a Bitcoin side chain merge mine side chain root stock rsk is a more popular known uh on Twitter specifically uh it's been around for a while I I've been joking like they've been looking for product Market fit for better part of a decade now it seems like they finally found it um so Mark or Whitney if either one of you two want to explain what rootstock is how it works then we can get into the nitty-gritty detail dets of the financialization of these assets via rootstock yeah totally
I I think before getting into the maybe the blockchain aspect of it I think just zooming out one more layer just to like green bonds um and we're starting to see these kind of like cleverly authored uh green bonds that aren't using blockchains yet but essentially you know what a bond is is you know you're buying up debt and you're getting a yield you know you know through this maturity over over time right so um you know say you buy a 10-year bond uh you know in the in the eighth year uh you know you're
getting a 1% coupon you're getting 1% on on your Clause you could write this bond that says in year eight nine and 10 if you haven't reduced your greenhouse gas CO2 emissions by 50% uh compared to where you were you know eight years ago um instead of paying out 1% it pays out 0% um so you can basically write these these huge bonds um that are being done everywhere we're seeing them issued by Deutsche Bank JP Morgan HSBC Bank of America Wells Fargo you know these huge huge huge firms um are doing these the these
green bonds they're not necessarily incredibly new but they're they're very popular now um some huge companies like Verizon has done you know huge huge huge companies so basically what you need to actually enable um a bond kind of authored in this way is you need an uh some kind of broker and some kind of insurance company and some kind of data um that is uh accredited that can be fed into uh some Arbiter uh that can actually determine at year eight if this company has met the requirements to get that 1% coupon right so you
can think of it without a blockchain and just okay you need basically some company that can be accredited that can measure the greenhouse gas emissions um and be able to you know agreed upon when the bond is authored that in year eight we are going to provide you with a number and if that number is below uh you know X perc um then you don't get 1% of of a billion dollars that year um say it's a billion dollar Bond you know that that's a significant you know Market that that's a that's a significantly expensive
thing to basically have uh you know a broker a brokerage firm some you know paying the lawyers to litigate this having the data provided there's a lot of points of of you know granular points to to actually uphold green Finance um and so a firm like um or rather a side chain like RS what it can do is it can actually basically act as all of those things um as the litigator as the broker and as the settler um as as the the place that the actual assets are settled by using um you know assets
that are put onto a blockchain um the only thing that it can't really do uh is basically be the Oracle um to feed data you know blockchains are kind of clunky and stupid in a lot of ways um and it's hard to you know put in real world data in into a blockchain it's it's not necessarily that easy to agree upon it um so you have to have a company like a satle logic basically be the accredited satellite that that that you know measures these Admissions and then find a way to be the Oracle to
feed that data into this you know cleverly authored smart contract Bond so rather than relying on JP Morgan and like locked in Insurance um and some other you know accredited uh carbon company you know you can use a you can you can reduce your your cost significantly uh by using a side chain like rsk rsk basically what it is is is it's just a way to do um ethereum on bitcoin uh so basically it's it's a it it has a a clone of the ethereum virtual machine that allows you to take any contract written in
solidity which is the programming language of ethereum um and an actualize it on bitcoin uh using this merged mining um you know Peg um so rsk has all of these things it has identity systems already built in um it has the ability to create carbon credits um we've seen you know um groups use ethereum already to create um you know carbon credits already that are just financial instruments um that are tokenized um where you can they can basically tokenize you know tons of carbon emissions uh you know and trade it on ethereum well now rsk
allows you to do that exact same thing um but just put it on bitcoin um and of course rsk and rootstock you know it's it's a Federated side chain um but it was created by people uh generally in Argentina that have all of these connections um to a lot of the people involved um in this group I believe that there is a bunch of connections um I believe they share a board member um Joey Garcia um with uh Wes casar zapo um which was a you know I think he's kind of a name that a
lot of modern bitcoiners sort of forget but um you know a really important guy kind of considered the uh the patient zero um for Silicon Valley that basically introduced Bitcoin to Peter teal to Reed hoffen to the PayPal Mafia and he was very connected with PayPal and Facebook um he help he worked on the DM project that failed um but yeah rsk shares a lot of uh a lot of people um you know with this zapo group with this endeavor group um and rsk yeah basically uh ows stable coins identity systems carbon credits um any
of these cleverly authored smart contracts um to exist on bitcoin itself um and so Bitcoin rather than being just this kind of settlement Network for Satoshi um can now actually uphold uh stable coins carbon credits other assets um and can have these cleverly authored bonds that get fed data from say a company like satell logic um and and be able to uphold a carbon Market real World asset you know commodity back stable coin is now possible to be upheld on bitcoin which again that's kind of what we talked about last time with this think Universal
Ledger he called Bitcoin a a a technology for data storage for asset storage um and rsk basically is kind of an enabling environment for this um you know as well as doing a lot of other things but I think that's kind of the role that it plays in this um system yeah to be to semantics here like it is rsk is merge mine with Bitcoin just so audience who's coming to this may not be fully immersed in Bitcoin like we are Mark uh yeah sure it is not technically like at the protocol level so like
this merge mine side chain this Peg Side chain Federated Peg essentially anchors into the Bitcoin protocol and then has this evm um that operates separate to the bit protocol but it does anchor in to get the benefits of of bitcoin's finality settlement robustness resiliency y yadada yada um so there is like a degree of separation from Bitcoin the core protocol but it's anchoring into that and that's my biggest uh curiosity and again I told you guys this in chat but I'm really interested to see if they can successfully do this because when it comes to
the smart contract the virtual machine I mean historically solidity has been a very unstable and insecure um scripting language I I don't know I haven't been following rsk as closely um in recent years so I don't know if they've made advancements at the the um scripting language level that make it more secure I'd be highly skeptical of that um then you have this Oracle problem satal loic is the Oracle here feeding the data that releases funds one way or another Within the smart contract and then so that whole process there all it's going to take
is one like uh mismeasurement of data being fed to a Smart contract and money being sent the wrong way for somebody to hold their hands up be like this is complete [ __ ] like how do we know this data that's where you really get down to it's like and this is where the ruse is is because you I find it hard to believe that you'll ever be able to have uh verifiability of the data actually being pure and accurate yeah so there's this whole thing going on in carbon markets right now because everyone involved
has been outed for being you know well not everyone involved but basically the whole market up until now has basically been outed as being very like grift prone you know lots of fraud lots of negligence etc etc so the way they've been planning to get around this and this is reflected in the green plus program is through parametric Insurance like insuring carbon credits so that if the fraud and negligence continues to occur which it will it's now insured and now the insurance Market has a new market for products right so there's no need to correct
um or to end the rampant fraud in carbon credits they're just going to add like a new layer of insurance products now yeah and and there's like uh all the big insurance companies are getting in on this and then there's new companies that are coming out of nowhere that are specifically specializing um in in carbon Credit Insurance and then there's the other thing too that you have some of these entities involved um basically looking to urge the planet like the global footprint Network through the club of Rome stuff you know there's very prominent Club of
Rome figures that for a long time have talked about uh if we can't depopulate peacefully we will need to implement a benevolent smart dictatorship okay if you've ever seen the movie Brazil bill that came out in the 1980s this is all basically about this like you know bureaucratic monstrosity dictatorship government and they make a mistake and all these people suffer all these unfortunate happen happenings that end in death and torture and things like that uh because they're trying to rectify the mistake that the state made right so when you have a totalitarian system and they
make a mistake they don't own up to the mistake you know what I mean like good luck trying to go through the bureaucracy that they create as part of their benevolent smart dictatorship to try and be like um yeah so I didn't get my like credit carbon credit allowance or whatever or like you guys messed up my climate wallet can you fix it please um I mean honestly they don't really need it to work the right way and I think you know that's been my criticism of stuff about you know the AI industry too that
they've been like over selling it for a really long time and trying to be like we should um put AI in charge of all these things even though a lot of the algorithms in terms of like their accuracy aren't independently audited and sometimes they can be like as low based on the company's own metrics of like 70% probably a lot lower than that probably no better than a coin toss um things like that I mean they don't care it's all really I think about the illusion of those systems being in place and this whole idea
sort of like the physical underpinnings of the panopticon in general the idea that like being under constant observation will make you behave even if they don't do anything because you know they're watching you and they could do something like it's it there's a lot more to this then um I mean I I I guess it's kind of dark in a way to to point out sorry but it's true because these people are incompetent at times and they're trying to launch stuff I think before they really have uh these systems ready to go in the way
they want them to be yeah and so the idea is we have to not interact with these systems at all the way out of these kind of things is to not comply because so much of this uh what you know green plus I would say is the start of getting this really out there in like at at at scale you know um with people not really paying attention to it and and framing it as you know part of the climate crisis crisis response but um this this whole play of digital ID digital wallet surveil programmable
money has advanced a lot and it's not just cbdcs that the cbdc discussion is about keeping attention on a very narrow band of what they're doing but it's much broader than that so what we really need to do to defeat things like this is to not engage and become part of that system because we risk entering into this Brazil style type dictatorship that's incompetent but also like very totalitarian and authoritarian and violent and you don't want to brush up against that because it's not like they'll correct their incompetence when they get caught I mean look
at how the system is now I mean it's basically like digitizing that system developing it at scale and it's a way for you know the crony capitalist these ol I mean there's so many different ways to talk about them but you know essentially they're the people uh at the top of the 1% that engage in blatant Financial criminal activities uh to steal from people beneath them right and so they want to create uh deepen The Divide between the halves and the Have Nots and they want to B basically make like digital barriers to maintain that
and AI is part of that and um you know these systems this whole idea of like carbon offsets and and the carbon Market in general you know most people aren't going to be able to afford all the offsets that the elite are going to be able to afford right I mean it's a way it this is all part of the system and and that's leading us to Neo feudalism um as I as I've called it before and so essentially you know we we really can't get out of this if we uh unless we choose not
to interact with this system and create something either parallel or just find some way to live your life without having to really interact with the you know the digital ID in the digital wallet at all and there's a lot of different ways it seems like it's coming together you know the World Bank is working with with Google and a lot of these other entities including the ones in this article about green plus that are direct partners of green plus to create the climate wallet that's tied up with the whole idea of doing cbdcs and and
all of that right uh and things related to that the private sector equivalent they call it the climate wallet yeah because it's all tied up with carbon emissions and there's this you know the carbon taxes and of that and this is why you know I I would like to point out we mentioned it a little bit earlier but bring it up again the whole idea of SpaceX being involved in launching these Green Plus satellites um Elon Musk is a big proponent of carbon taxes and has been for a very long time well he benefits mass
and of course he's well sure and he's but he's framed himself as being sort of this like libertarian Free Speech hero uh after you know his acquisition of X which you know again he's been fairly open about his goal is to turn X into uh WeChat USA and make it half of the financial system uh I guess to start um but beyond that you know the idea is to also have you know Carbon emissions carbon taxes you know intimately inter interfaced with this Comming digital ID digital wallet Paradigm um and there's a lot of different
uh efforts uh to create those systems but it's not just going to be one system it's going to be a mosaic of inter operable systems ID 2020 for example a big force behind the vaccine passport push during covid for example that's the Rockefellers and and Gates and all of that it's not about making one Global digital ID and unfortunately a lot of people in Independent Media when there was a lot of reporting on this during covid uh missed the boat on this one it's not about one Global digital ID system it's about several digital ID
systems that are all inter operable and to have them all interlaced with each other so you can export the data to one Global Central database uh and it's the same for you know cbdcs and the stable coins and all of that the goal is to have it all be interoperable and all the wallets and the same is true also for the carbon market and all of these are meant to go together the the pillars of the of the new Financial system this new Financial governance system involves all of these things and so you know we
we you know a lot of times the carbon Market gets ignored a lot of times the private sector cbdc equivalents get ignored uh but we need to look at this stuff holistically because there's a lot of other stuff um going on here and you know we are ignoring the carbon aspect of this uh to our Peril because this is you know again as we said as we discussed earlier you know a new reiteration of of the junk bond villains uh as it were uh but now they're not just trying to like you know take bad
Deb and and you know they're using the natural world to fuel their debt schemes basically and there's also this effort that's been you know posited by Larry thinkink and Mark Carney and people like them to reimagine the World Bank and the entire multilateral development system which for its entire existence has been about debt enslavement mainly of the global South and so those same people say one of the key ways of financing agenda 2030 the sustainable development goals is debt so we have to saddle these countries in debt and we have to because of this idea
that if we don't do this the planet will explode we have to get people to develop these smart grids and all these different uh new technologies that we say we they need and Implement these carbon markets and these surveillance paradigms all under the guise of combating climate change you know that that's not what satell logic is there for you know if you're really about combating climate change you don't set up a system like green plus where at best 40% of the proceeds from the carbon credits go to decarbonizing initiatives that aren't actually about decarbonizing it's
going to a crony company that's one of the guys involved in creating green plus it's his company and it's about building smart grids and smart cities from the micro grid utility level up I mean that's not anything that has nothing to do with saving the Planet that's about creating a slavery system and a control system so that the debt Lords can suck us dry forever with technology you know and that's essentially what's happening here and it's very bad and I would really like people to start to wake up about this but unfortunately a lot of
the discourse has been very narrow and it's getting narrower because we are in an election year so if you bring up the fact that both Democrats and Republicans are on board with this kind of crap people will be like oh but no my guy is so much better and that guy is so bad and oh you know I mean this binary thinking crap with presidental elections has to stop um the CIA has meddled in elections all over the world and overthrown governments all over the world and our elections have always pretty much been fake since
they've been around you know so like this election is no different I know that people like the whole idea of we need the political savior to come save us let's get the right guy in the White House what a mess our whole country is we need to get the right guy in the White House the guy in the white house is always a front for the bankers and it's pretty much always been that way the CIA itself it's the bankers if you look at the early CIA it was all Bankers it was Wall Street lawyers
out of Sullivan and Cromwell you know that's who's been doing this the whole time and now they're enslaving the planet with spy satellites and they're the spies you know so like I don't know I just get so tired of the election rhetoric sometimes people just really need to understand that this is the bankers they run the public sector they run the private sector this is a financial slavery system it's the slavery system they've been using for decades but on steroids and in Latin America their big focus is to integrate Argentina and Brazil they want to
do the same thing to South America uh that they did to Europe to create the European Union which is start with a free trade agreement for all of Europe that's how the EU started it evolves into this bureaucratic totalitarian Behemoth and it's yok to the us through the euro dollar they're doing the same thing in Latin America there's all these different iterations of it right leaning and left leaning which are basically all globalist governance uh you know attempts uh for sou to you know re integrate South America at the regional level uh there's prosur there's
mercosur there's unur there's aot there's all these different acronyms uh there's the organization of American states the goal of all of these one way or another is to regionally integrate whether it's under right leaning dialectics or left leaning dialectics that's what they want and they want a free trade of the America so not just NAFTA that was the North American one right they want one for all of the Americas they want to regionally integrate all of the Americas at the economic level lead it down this path towards bureaucratic Regional governance to be part of this
Global governance Patchwork thing which has been you know the push for arguably a very very very very long time and they want to do it with spy satellites and all this other stuff going on but the idea is to do that same model using the EU but they want to yoke it with dollar stable coins not you know not the euro dollar necessarily and so the Argentina you know Brazil and Argentina are the ones they need to have most under their thumb because they're the biggest countries in size of South America you get Brazil and
Argentina you basically get the whole continent so my concern is you're going to have them try and do it the right leaning way through people like Javier Malay and if they get him back in power bolsonaro and frame them as oh they're defeating the baddies but really they're just an you know they're the other hand like we discussed earlier and um what's interesting too is like a lot of this group that's discussed in the green plus piece um you know rsk the satellite firm and some of the connective tissue between them that includes you know
Zappo wi casares and and these figures are essentially like the Argentinian branch of the PayPal Mafia um a lot of their companies were funded and uh directed by this entity that that Mark mentioned earlier called endeavor uh which is chaired right now uh by Edgar bramman Jr um who if you've read my book you'll know a lot about the Brans and organized crime and political power there for example the uh family uh that's essentially that that essentially bankroll Justin Trudeau and Canada um among other figures and they're uh very powerful uh Reed Hoffman of the
PayPal Mafia in LinkedIn and whatnot also a very close Epstein pal is also very intimately tied up with Endeavor and the companies that endeavor uh helped create are some of the biggest companies in Latin America now many of them are based in Argentina the biggest one of course is based in Argentina the first Endeavor success story uh which would be Marcato Libre uh which is Marco galperine who as Mark mentioned earlier he's on the board um of satle logic involved with a lot of these other companies uh Marcato libbre itself is very much interfaced with
paxos PayPal and and and groups uh like that and it's sort of like what happened earlier what I mentioned earlier about those those figures sort of King making the corporate Titans of Latin America so this is like a modern iteration of that with like the same players you know they're funding these startups and ensuring which companies get big and if they succeed but their you know Endeavors not an Argentinian entity it's an entity run by people like Edgar brontman and Reed Hoffman and so there's an Endeavor Argentina branch and pretty much all of these companies
that we discuss in in the piece that are basic Argentina are part of this endeavor Argentina Network and Argentina is where they I would argue are going to test out a lot of these efforts um most likely under Malay because he's very am minable to these kinds of of policies and so one of these figures that you know that comes up a lot in the piece this uh Diego Gutierrez uh he's one of the co-founders of rsk of rootstock um he gave this very revealing interview about a year ago and he was talking about several
things that I think are important to bring up in the context of this interview one of them is that as Bitcoin becomes integrated in into Wall Street uh Bitcoin has to shed its ethos as he called it essentially it has to stop being a tool of of dissent a threat to both commercial and central banks and essentially become their tool that's what he says um so for Bitcoin to succeed in his eyes that has to happen so that's very uh telling and then he also says that there's going to be a concerted push uh to
move away from money printed by the state meaning central banks uh and instead move to commodity back stable coins where the people that own the Commodities will have all the power I think that's very uh interesting because obviously Malay uh for you know in his case right came to power framing himself as very libertarian but his policiy lus have shown him to be very crony capitalist in my opinion uh we've talked about this before and and Mark brought up some stuff uh you know to that point but keep in mind too that you know a
lot of the people in in his government are from JP Morgan from example or the Argentinian branch of major Wall Street Banks um he's been very closy with people like thinkink and musk as as discussed among others and um uh you know very friendly with like zalinski and the Ukraine stuff I mean this is not a very Liber Arian guy under other metrics um and there's been a lot of you know antagonism with him in Argentina's Central Bank which of course is responsible for a lot of bad stuff that has happened in Argentina but people
also need to remember the history of how Argentina got here which has a lot of this fiscal trouble for Argentina began when it was run by a us and CIA back to military coup then under Carlos minum who was the great I say this great not in the actually like oh that was great since like big I guess the big neoliberal in Argentina uh recent political history uh who was basically just like a goon for you know us uh you know foreign Interest really to like gobble up Argentinian resources Malay is a big fan of
minum and some of his the people that are in his government started their political careers under minum like Patricia bullick the interior Minister for example so you know you could really frame Malay as a continuation of that stuff you know because Mauricio Macker a lot of people in Malay government are from the maer government especially his economics team you know it there's a direct line to all of that uh and so I very concerned that you know that would be celebrated as like a big yes we've you know he's gonna you know uh the central
bank's not going to print the peso anymore it's over and he's saved Argentina well is it really saving Argentina if he's you know going to make you know they're going to use dollar pig stable coins they're regulating the cred of Bitcoin right now now um they're going to move to this whole model of commodity back stable coins which is already actually happening in Argentina a company backed by Visa that's based in Argentina is tokenizing basically all of the country's grain deposits to use that as currency so whoever owns all of the grains uh and the
biggest land owner is a big b former backer of Mauricio Macker part of endeavor Argentina his name is Eduardo elstein he owns all of the Commodities he's also a big uh shareholder of some of Israel's biggest companies he's going to be the guy that basically controls the money then right at least with the grain back stable coins so if you have all these oligarchs in charge of different Industries which is essentially what Argentina has been becoming and has been happening really everywhere around the world who's going to be in charge of the money is that
really better than the Central Bank having it because remember the central bank's run by the commercial Banks so you're just getting I mean the same [ __ ] under a different you know name basically I don't know I mean there's a lot of different stuff going on here and it's going to be interesting to see how it develops but you know sorry I'll let someone else talk I've been raming a while no it's amazing I think the way you talk about just sort of this establishment of you know commodity-backed um stable coins and money it
gets back to this idea of kind of what Marty was saying earlier well there's still the Oracle problem there's still all these issues of making a Federated side chain work well then you look at well where did the money go you know a lot of This research came from looking at VC and looking at where the money came that you know funded and founded these these companies um and you look at you know you talked about X you know a lot of people forget Elon was heavily involved in PayPal uh and X was you know
uh initially an idea that came out of the you know the the PayPal primordial goop um and we look at this PayPal Mafia and and how it's spread everywhere um and this the first idea of Bitcoin side chains were you know was introduced in the side chains paper uh in October 2014 by you know all of these blockstream employees led by Adam backck the next month you know Weeks Later the seed round for blockstream is led by Reed Hoffman um you know and and what the side chain concept you know did basically was allow Bitcoin
to uphold other Ledger assets and give the ability to you know transfer these assets between multiple blockchains and give new functions to assets that they already own um and you know you look at okay well then who you know who was the the money behind PayPal and you you look into it and you see who well who is the seed founder of PayPal and you get this guy Bill elus uh bill elus um was a former Trustee of the Jeffrey Epstein Foundation uh and in 1997 he co-founded clearstone Venture partners with this guy William Quigley
who later went on to co-found tether uh William Quigley also uh you know co-founded Sun lot Holdings with Brock Pierce uh when Mount goau went under to try to buy up uh the assets of Mount gaau in bankruptcy and they were advised by Lewis free who is a former FBI director um but you're you yeah exactly and so you're you're seeing you know okay PayPal is all over this thing Bill elus connected directly with Epstein uh you know Howie lutnick the guy that holds all the treasuries for for tether uh purchased uh an estate um
you know from Comet trust connected to Guido Goldman um connected directly uh you know a neighboring estate to Epstein's house I believe he bought 11 uh 71st Street East 71st Street and and uh Epstein was nine uh East 71st Street and then you look into PayPal and you see okay well who's kind of doing the digital infrastructure for the blockchain uh of uh you know entity basically of PayPal who who's allowing all these things to happen and it's this company paxos and then you look at the uh Board of Directors for paxos and we got
Bill Bradley who's managing director of Allen and Company and a former US senator from New Jersey as well as this guy Jim mancy who's you know former um uh he you know ended up being at IBM he founded a company that got um purchased by IBM but a chairman of of this loaded company both of those guys Bill Bradley and Jim mancy were on the board of directors for this East Coast company cargo metrics run uh by this gentleman uh Scott bardson uh who um was the believed to be husband of gizan Maxwell um and
basically cargo metrics was kind of like the first SATA logic uh in that it was this ocean observation company um that was providing all of this data um and collecting all of this data data on um shipping lanes um and you know basically looking at how again in this world Empire context looking at all of the the um transportation of of Commodities of people of whatever it is but anything traveling on ships across the oceans uh you know this company was basically collecting all of these data cargo metrics is literally the name of the company
um both of these guys are on the board of this company uh and now they're both on the board of paos here uh you know 10 10 years later um and cargometrics ended up becoming this data company and then it turned into this like Quant Financial trading desk because what actually happens when you have all of this surveillance data um you have an extreme heads up uh and leg up rather um on other people trying to trade uh in these like Global Forex markets you know we knew Epstein was a really big Forex Trader um
you know there was actually a letter from um uh from Lynn Forester um uh uh correct me Whitney yeah exactly yes to um Bill Clinton in in the White House about how they discussed currency stabilization in Jeffrey Epstein um and you know Epstein was was you know heavily considered to be uh you know really into uh you know Forex Trading um and you know that was kind of his passion in a lot of ways and you know how do you get a leg up on all of these things is you get you know extensive amounts
of data um and then you create infrastructures that allow you to do trades um and and move large amounts of liquidity and settle large amounts of liquidity um within the uh realm that you know you require all this data for so you're beginning to see you know these are the same people um that were heavily connected not just to intelligence but you know basically the mafia that controls intelligence uh um and they are heavily connected already to um you know again paxos runs you know the PayPal stable coin um I had a conversation with the
head of strategy there Walter Hesser um and again I'm not accusing him specifically of anything or anyone specifically of anything um but you know he spoke of uh you know the stable coin um you know market and basically said that you know there's an opportunity here for regulation to come in from the public sector and basically King make um you know the stable coin remaining in the private sector but you know King making who gets to basically create the dollar denominated liabilities for this you know future economic system um and paxos has really set up
via Paypal um to be an an an essential infrastructure provider um for the modern economy um and they're you know seed founded by Bill elus directly connected with Epstein has direct connections to tether um to former FBI directors to Brock Pierce um you know and here they are uh connected to Cargo metrics this this other uh you know galain Maxwell connected uh surveillance company turned uh you know Quant trading desk um you know and we've seen this time and time again with the Maxwell sisters um with their um you know early adventures in in um
you know basically in in data harvesting and and data collecting um through the early internet um through mellan you know one of the first um uh internet uh search engines um which I believe was Christine Maxwell um and then later um I think Whitney could probably talk more to this but later um through I think was called Chiliad which later then became Lexus Nexus um and you know a lot of these companies that get these huge amounts of uh you know direct um funding uh and contracts from us intelligence you know kind of came out
of this same uh Mafia Massad um sort of entity that you know we all look at you know kind of the Epstein group as kind of this human trafficking um you know cabal which is you know obviously true to some degree but there's there's an incredible amount of in of data and uh you know foreign exchange um and currency uh Financial Hitman basically um Everybody kind of generally forgets you know how much of how how he was tied into a lot of 2008 um and and a lot of these firms that blew up um and
so you know you really zoom out on a lot of these things and zoom in on specific people and it's it's the same people it's the same mechanisms they're just being modernized um and this PayPal Mafia is just everywhere uh all over uh the whole this whole this whole um you know blockchain and Bitcoin world and I think it's really interesting that uh you know blockstream them themselves um you know generally regarded you know incredibly highly in the Bitcoin space um you know have such huge connections with um you know Reed Hoffman and then of
course with bit finex um and tether um and you know there's a there's a huge push within the blockstream um you know with their liquid foundation basically own Federated side chain um you know to to incorporate uh tether um into the Bitcoin ecosystem um you're seeing companies really uh and spokesmen uh discourse really pushing towards this uh you know this digital dollar system um as you know something that will basically enable number go up for Bitcoin um but I think there's a lot of caveats to that and I think we have to really you know
take a step back and not just let number go up kind of you know induce this Amnesia uh over the Bitcoin community that you know there's a lot of you know I'll call it orange washing um a lot of these side chains are not a net good um for people uh they are able to uh create digital ID systems um perpetuate the Treasury System at really really high velocity um but you know they make Bitcoin go up so you know we cheer them on um and I think when you look at you know some of
the people that are really Behind These mechanisms who funded these mechanisms why these mechanisms were created in the first place um and you begin to see kind of this this this darker picture um yeah it's it's very concerning in my opinion it is but I would push back and say I don't think these side chains have gotten anywhere near the degree of adoption that the likes of block stream or rsk for that matter would like like block stream's been pushing liquid for 6 years now and you can look at the Block Explorer they' have one
transaction per block and it's the coin transaction like I I think uh it's good to see that like there's I don't know if it's a natural aversion or just nobody's picking up what they're putting down in terms of like uh the bitcoiners that I know and the companies that we invest in like none of them are incorporating liquid or any of these side chains cuz it's like yeah that's boring it's not really enabling The Sovereign future that we're going after here but I can I mean certainly is the case sorry yeah know I I totally
agree because right now we're seeing all of these ID systems and uh you know dollar stable coins be on like ethereum or salana right or whatever these these [ __ ] uh you know side chain or not side chains but like all chains but what happens when the public private you know gang teams up and they go hey ethereum is a security salana is a security uh you need to use Bitcoin because it's the only digital asset that's not a security and then all of that movement gets pushed on to Bitcoin and then all of
a sudden liquid is a is an you know an integral pillar uh of you know basically uh you know these these systems because they no longer can be upheld on ethereum or on these other things so there is actually this potential for basically setting up you know kind of the vacuum for when they pop the bubbles of these of these side chains uh you know where do they flow to um you know do they flow to tap rot assets on Lightning Labs do they flow to liquid um you know do they flow to rsk um
I think we're going to see some sort of Regulation um the fed the Congress you know they're very much so looking at stable coins because they understand you know how important they are um and you know there's a uh hoe lutnick you know our boy all over this piece was speaking at uh the chain analysis conference last week and he said that you know the stable coins are essential for US dollar homogeny um you know we need it to perpetuate the the Treasury System system if the government knows that the government realizes that uh and
they want to create um you know an enabling environment for the perpetuation of it um you know they they probably don't want to let validators on some of these side chains make a ton of money they want to you know push it really just to you know the holders of these treasuries and let's reduce the costs as much as possible at the granular points otherwise and really just push all the profits um you know into who holds these treasuries and in which case we could see uh an explosion of volume on these side chains I
definitely agree with you it hasn't happened yet um but you know who knows where we're going um you know we could see PayPal's stable coin be issued on one of these things and you know they integrate it with venmo they integrate it with PayPal and all of a sudden you have a 100 million users across the world or more um that's all it takes and I think that's why there's an important part of this this system being set up is the mercardo libbre play which we haven't really talked about too much um you know you
need a market one of the big reasons why PayPal was able to take hold was because of eBay uh you know eBay didn't really make a lot of sense when you had to have you know these long settlement times um it didn't really work for this type of online auction house so they had to you know they really used PayPal uh and it took it took huge Market hold um because of the you know this huge Market um you know that that was that was native to the internet Marcato Libre is basically the Amazon and
eBay of of South America of Latin America um all they have to do is integrate one of these things and we'll see a 100 million plus people more way more than that billion um you know have access to whatever infrastructure provider that they choose um and we've seen them already have some sort of connections with um tether with circle um and with zapo um who has connections with both who you know expressedly expressly admit that their goal is to connect the US dollar Bitcoin and stable coins be the banking service for all of these things
zapo is also partnered with SATA logic it put Bitcoin keys in space I mean we're seeing a lot of uh you know all they have to do is flip a switch basically at this point um and they can onboard uh you know billions of people um if they have a need to go on to use these systems as long as the cost is low enough um so we could see we could see that happen at any point I think adoption uh of these side chains is really dependent on the market first um and Mardo could
be that market um for for you know 30 plus countries right yeah I wish them luck actually I don't wish them luck but yeah I think and Whitney getting back to what you said earlier I think that's the big question in my mind right now cuz we've talked about this throughout the years on the show like what can we do to protect ourselves against this individuals become as Sovereign as possible degoogle yourself grow your own food use Bitcoin the right way um but but do you think there needs to to push back again to this
because they literally have satellites surveilling the panagon is gone from uh from the Pennsylvania State penitentiary in Philadelphia where it's a physical place where there's something in the middle that can surveil humans in a physical space within a 100 yard radius to literally satellites spanning the whole globe and surveilling us from space do you think there is going to be a necessary push back from private uh sector actors that don't want to be beholden to carbon credit markets to stand up publicly and say no I'm not participating in this I'm not buying carbon credits I'm
not incorporating it into my business or is this more of a social movement where we need individuals like the two of you to write pieces to get in front of this and educate people and literally pink uh prod and poke the facade to to highlight the hypocrisy and the the giant scam that all this is yeah I mean I think the Cornerstone of the response really does need to be self-reliance because if you're hoping on people in the private sector solving this problem for you because they don't like ESG I don't think that's enough at
all um and talking about this public private play it's important to keep in mind that what happens I mean just look at this the treasury secretary office alone so like in Clinton it was Robert rman Reuben Goldman Sachs he helps repeal glass deagle and then when that whole bubble Pops in 2008 Goldman Sachs is Henry Paulson is treasury of the secretary then it's Tim gner who worked under Larry Summers and Robert Rubin is treasury secretary under Obama and then it's Steve minuchin who was involved in the 2008 financial crisis and whose dad was one of
the top guys at Goldman Sachs and he was also Goldman Sachs so what they do when they're in power is that they create policies that help benefit them you know they came from Goldman Sachs Within intentions to implement policies that benefit Goldman Sachs right and so generally what happens is that when the private sector wants something or they want they've created a big market for something they've invested lots of money in creating something like the carbon market and no one's using the carbon Market they are going to then use the public sector to force people
to use the carbon market and so they're trying to do that through the UN through the guise of climate emergency right and that's not working so if that's not working how will they go about and how will they do it well uh like we've Mark and I have discussed before uh they're trying to go about it the private sector route oh okay you guys aren't interested in in programmable surveill money if it's emitted by the central bank so if it's emitted by a private bank maybe you will right and but the other side of this
is what's happening in places like Argentina right now where people have lost so much of their purchasing power so like before Malay came to power I think the poverty rate was just I mean it was insanely High I think it was something like 60% and then Malay came into power and devalued the currency by 50% which led to a massive loss in purchasing power for argentinians on top of that now argentinians are so desperate and are being told that they're undergoing quote unquote shock therapy designed by a JP Morgan guy um that they're doing worldcoin
they're scanning their eyes in the Sam Altman orb for shitcoins and a cattle tag a digital ID and the idea is to have that be like your access to the internet and using you know these tokens and these uh stable coins using tether you using usdc whatever supported by Marcato libre's giant entity Marcato Pago which is also integrated with Brazil's biggest uh crypto exchange Marcato Bitcoin and then there's ripio in the mix which is partnered with all of these guys too they're can they're going to control all the rails that stuff runs on and that's
where people are running because the their money has been so devalued and they have no alternative and I think that's ultimately the goal is to get people on programmable surveill money by any means necessary so if you won't do it because you're like oh yeah this is a way I'm going to use JP Morgan coin and beat the FED cbdc um you know if that if you're not going to get suckered into that then you know it's it seems like they'll use destabilization and Desperation as a way to get people to onboard into the systems
that they're creating they're not just going to spend billions of dollars creating these systems and have no one use them they're going to try and use um either you know desperation uh created by public sector policies um or by private sector uh policies and then have you know sort of like 2008 Oh look The Private banks have destroyed the economy now we need the public sector to come in and re them in even though Obama's cabinet that was supposed to be doing that was literally chosen by City group right they're the ones that are going
to come in and they're going to these in and these are the policies and changes that need to be made but actually it's the bankers that wrote the changes that need to be made right so we're likely going to get set up for something like that where they're going to try and make like existing money worthless and if you want your money to be worth anything and maintain any sort of semblance of purchasing power you have to use uh Financial products X Y and Z and they're all going to be programmable and surveill if not
by the private sector by the public sector and they're all going to be interoperable they're going to be all these on all these different wallets and digital ID systems that look like they're different companies but they're all the same uh essentially in terms that they can export all their data to the same Central Global database and you know that's essentially the goal here so how do we fight against that don't use the database don't use the digital wallet don't use the digital ID don't interact with the system and I think also you know I think
Bitcoin is is obviously very key to their plans but they need Bitcoin to stay as Larry fin said a technology for asset storage they refuse to have it be a currency and actually Jeffrey Epstein gave an interview about Bitcoin that I didn't know about until maybe like a couple months ago when we started researching this oh yes and he says the exact same thing Larry says it's yeah it's not a currency it's you know a technology for asset storage there's there's another very prominent bitcoiner that likes to roll with that line so yeah so Michael
sailor is basically it's property it's not it's not currency yeah yeah funny that um didn't the Chief of Staff of Inc youel come for micro strategy that's interesting anyway um us y sure did yep so um anyway basically if Bitcoin is kept in that box that people like Larry Frank and Jeffrey Epstein and people like them Summers presumably who was on The zapo Advisory Board um you know these guys want Bitcoin to be a specific thing because they can use it and there's people in the space like this rsk guy saying Bitcoin needs to lose
its revolutionary ethos it's got to drop that and become a tool for Wall Street I think it's pretty obvious what needs to be done to Scuttle those plans which would be uh ensure the opposite yes yes yes use open source so people yes so people need to be putting resources into making that happen and by try my best here with try my best well sure but basically to to recap on that if they need the Bitcoin blockchain for asset storage and presumably if we're right about what's going on in this article which we seem to
be carbon markets they need that blockchain how do we make invert their plans and use the Bitcoin blockchain so that it's a the tool of Financial Freedom it was heralded to be because they can't get rid of it without scuttling their own plans no right so how do we uh Bitcoin is money it's not digital property it's digital property but it is money I I and it's hard within Bitcoin there's a lot of hero worship these days a lot of people getting a lot of push back push I mean it's everywhere yeah and um pretty
much most of the heroes are [ __ ] for Bankers whether it's in Bitcoin or in politics I'm sorry but it's um no Mark but I'm sure you observe this Trump is not here to save you uh q and on while a very fun time we all had a great time looking at it uh it was a operation trust it was hey our guys in there don't worry about it we got it and now here we are and they locked down the country they printed trillions of dollars uh they push big farmer products I mean
uh you know none of these people are are going to jail like uh no so um I think we I think Whitney really nailed it uh with this inversion thing and I know it's very controversial within Bitcoin itself but I think if we kind of use Bitcoin uh as a mechanism uh to store things as well um again it's it is a database um we need to enable Bitcoin as currency as much as possible stable coins are not a scaling option for Bitcoin it's [ __ ] embarrassing that we that we're there that that's our
best scaling option um I think that's a terrible way especially when it's treasury based you know we can do some fun things with DLCs we can do some fun things with ecash we can do fun things with lightning backed ecash where we can create or lightning channels even that basically um you know create uh you know a a stable dollar purchasing um you know ability without actually touching treasuries at all um these are the kind of things we need to play with I understand and I empath with people that are looking for dollar instruments um
in certain economic environments and political environments but ultimately if Bitcoin just becomes okay 10,000 people got really rich and now it's a it's a data storage blockchain for dollar assets because of you know lightning Labs tap brute assets or whatever it is that comes up that comes up next um I think I think we've really failed uh you know at the promise that Bitcoin could be um and so I think there's a lot of ways we can fight back and obviously we need to do things like this get like-minded people together and talk very earnestly
about this stuff people that don't have Financial incentives I think that's a huge problem in the Bitcoin space specifically with stable coins is that so many people in the space are paid for by tether um and I'm sure a lot of them are well-meaning but you know they're not going to talk crap about you know the perpetuation of the Treasury System by a private company that has onboarded uh the FBI and the Secret Service to their company to allow you know us intelligence to and US law enforcement to Blacklist addresses like that's not banking the
global South that's not banking the unbanked that's just like perpetuating this uh you know dollar denominated uh you know debt model uh over the world which I think is obviously not something that we want to see Bitcoin can do so much more so how can we use Bitcoin cleverly um you know if they want to use it to store dollar you know assets in the witness Miracle you know we can use it to store uh you know data cables we can use it to store um you know articles like this you can publish with markdown
files to bitcoin there's a lot of things that we can do Bitcoin is not going away because it's too important as an enabling environment for a lot of these things I think this idea that you know I saw even Edward Snowden tweet out you know Gary gendler had tears in his eyes as he approved the Black Rock ETF and it's just like give me a break dude dude like no the state absolutely wanted Bitcoin to have an ETF they hold more Bitcoin than anyone the US doj uh and you know private companies within the United
States hold more Bitcoin than anyone else um significant portion of the supply um this idea that you know this is this um you know complete counter Revolution to US dollar interest I think is a little bit misguided and naive at this point now we have to really make sure that we don't allow it to be co-opted by dollariz don't allow Bitcoin to be dollarized and instead we push back and we say hey I have an ability to send you Marty money without any [ __ ] spook getting in the [ __ ] way at all
and that's [ __ ] important and that's magical and that's something that you know we need to make sure stays possible that you know we own utxos we own the ability to do that we'll be able to transact you know on bitcoin to each other for you know the next for the rest of our lives how can we get a billion people there how can we get more people to have that same permissionless access to bitcoin that we have because we were quote unquote early adopters right um there were much earlier adopters than us um
that have a lot more Bitcoin than us you know who are they uh you know why is De Hawk why is John Reed why is Larry Summers on the on the Advisory Board to zapo in in 2013 2014 um you know these huge Titans of City Bank of of Visa um you know why is Epstein talking about about Bitcoin back then you know what there's a lot of people that have that have a lot more Bitcoin than us right remain yeah go for it I'm sorry for no good zapo acquired by coinbase holds all the
ETF Bitcoin yeah the custody yes exactly uh that the custody solution that zapo you know yeah they were I think they literally U marketed themselves as the Fort Knox of Bitcoin I think which is uh kind of uh uh analogy to choose yes and the Titanic of uh of ships you know it's like what actually happened to Fort Knox here yeah white pill white pill don't want to be too optimistic and we should certainly be aware and fighting against all this stuff but I am incredibly encouraged by all the Innovation that's happening particularly with chamy
and mints whether that's on the cashew protocol or the fedy Min protocol uh it is obviously does come with some custody tradeoffs but I think the Privacy benefits and the fact that you can build these modular DLC uh stability pools within cheli ecash systems that give you the same functionality of the essentially controlled stable coins is very promising I mean we're doing everything we can at 10:31 to back the compan is pushing yeah you are the industry in this particular direction we've got the fedy team here the Mutiny team here working hard to do do
this and I think I it's a combination of things that are going to lead to this success the backing of these Pro projects number one then two what do you guys are doing like educating the market and really instilling confidence in people to push back against this because um it is a bit daunting it is a bit ominous it is David vers Goliath like fight where people have been sced into believing they have no agency and therefore no ability to push back against this but it's here the tools are being built you just have to
beware of them support them adopt them um and then at the same time uh as Whitney likes to stay like stab a needle in the eye of uh everybody trying to push us towards the digital panopticon yeah well I think it's important to say too that I think um there's a lot of people in the Bitcoin media space that will never talk about this or what you just mentioned and I think a lot of that is because a lot of money and effort has been put into specifically homogenizing uh media discourse in the Bitcoin space
because they want them they want bitcoiners as much as possible to be compliant while Larry fank and his ilk do what they want with Bitcoin and make it what they want it to be so that people are content with number grow up and sort of the Sailor esque talking points that have gotten a lot of uh you know uh a lot of people have heard those versus what you just mentioned from example uh you know there needs to be a cultural shift in Bitcoin in the opposite direction of what this Diego guy from rootstock said
where he's like we need to drop the whole you know stop fiscal irresponsibility of the banks and central banks and um you know be a challenge and threat to their power we have to drop that if we want to get rich I mean that's the mentality there and I feel like the Sailor mentality really isn't that different from that we have to push people in the other direction because if we go in the direction they're pushing those you know people to go in you know people that want to drop the ethos or whatever and make
Bitcoin just a tool for Wall Street um I mean no if if we let that happen very bad things happen and there has to be a fight and there's a specific effort that's been launched against people that hold Bitcoin to try and get them to be compliant in that sense and you know and but and that's through you know controlling the discourse in the media space there needs to be a desire am among bitcoiners to return to the original ethos uh not the opposite there needs to be a fight for that people need to care
about that again imagine the glory compliance is not Defiance I think as the Bitcoin bugle boys like say compliance they say compliance is Defiance uh which obviously is making fun of this stuff um and I totally agree Whitney and you know I think it was very uh said very clearly in the Sailor Keynote from pack Bitcoin uh 2022 literally as uh you know uh FTX was collapsing around us you know literally you know our phones are blowing up all this crazy shit's happening November 2022 sailor on stage saying don't be a martyr don't fight the
system uh stable coins on lightning is a 10 trillion dollar industry um you know let's let's go let's bring it on you know we're all going to get rich um don't be a martyr for Larry yeah yeah yeah bite the pillow uh they're going in raw I don't want this to be like calling for people to to go to go be a martyr like I'm not saying go set yourself on fire in front of you know the Black Rock headquarters that's I'm not that's not helpful or useful either it's not productive at all um plus
the admissions the carbon admissions from burning yourself I think you know uh it's very bad I would I would hate to see you're going to get you're going to get a estate an estate tax ding on top for that yeah and imagine the glory I I ow s logic uh yeah imagine the glory I think we can but there has to be things we have to do yes but and the the um path that we're describing here is a harder path to take it's going to take longer it's going to take a lot more effort
it's going to take a lot more education and uh new learnings from individuals to actually interact with this compared to an ETF where you don't you interact with TD Mar trade or whoever and you just click a button and that's your interaction with Bitcoin that's not the future we want we want to actually inter interact with the protocol and the layers built on top of it and actually hold and use Bitcoin correctly and I want to paint the picture of a glorious Victory where we successfully do that and if we can build out the tools
and make Bitcoin as useful and provide the market with fundamental utility that gives people agency over their money Bitcoin will number will go up naturally from that that path as well it's just going to be longer and harder but I promise you yeah but it doesn't involve everyone's financial enslavement and it doesn't enable the fiscal IR responsibility of the commercial and central banks to you to to dump all the irresponsible like debt generated by their money printing into like Bitcoin and be like Oh problem solved keep printing forever I mean that's basically what they want
to do it's insane it is and there's people that are like that's fine because now I have money and it's like yeah so you remember why you got into this and like you know I don't know yeah it's just let's go back yeah people get on us I think you know I'm I'm still new at you know some of this stuff and you know I still read comments and whatever and and I see people say stuff you know where they're like well you don't offer any solutions you're just black pill you're like Doom Shilling and
it's like I'm actually like a really upbeat optimistic guy like I think we're going to win I think we have a lot of work ahead of us and we have an incredibly ghoulish apparatus that we need to fight um but I really you know I'm a monomyth guy I believe in the you know our history is fake and uh but the stories are real and in the stories the good comes together in the end and uh you know they uh they defeat the dragon or whatever right and and I think that's what we have to
do here and we're really thankful for shows um you know like tftc and uh you know certain platforms where we actually can talk about this stuff still you know there's like a couple of them um and you know getting us like-minded people together just to be able to talk freely about this stuff is is so important um you know this is you know uh this is this is fiery stuff I think with this piece and and particularly with kind of this conspiracy of what they're trying to do um but it hasn't happened yet you know
like none of this stuff has really been enacted yet it's all about to be enacted um and there's a bunch of stuff that we can still do and push back um and as much as Bitcoin is an empowerment tool um you know for a lot of these evil people uh it also can be an empowerment Tool uh you know for revolutionary you know action so you know maybe they made a mistake if they tried to co-op Bitcoin and they let a bunch of us get funding uh maybe they made a mistake by letting you know
your fund be able to fund Mutiny and and Fetti you know by by letting us get some capital and deploy it uh efficiently you know like we we actually have an ability here um what happens I think this is one of the most important years for Bitcoin ever I think it's one of the most important moments ever for Humanity you know because this this revolution is happening regardless this digitalization um you know this this this panopticon is going to be built um and you know we have to kind of make technological strides and push backs
now um and there are so many ways we can do it um but ultimately you know it's really about you know the revolution is an internal thing it's it's a singular thing and uh you know we just have to live better lives and we have to you know give the lives to our kids that you know that they deserve and show them the world that they deserve and we can win on so many different levels um you know the human spirit is is a beautiful wonderful thing and it it can't be captured by a blockchain
uh you know run by uh some Federated key signers somewhere you know there's there's so many things that just can't be bogged down by a blockchain um so you know we got to really just you know buckle down figure out you know who our enemies are and a lot of them are are uh you know in sheep's clothing and and we we we roll down the the the red carpet for them at all these events was they're literally manufacturing consent for censorship for dollarization uh and the enslavement of the global South Via dollars um and
we need to push back on these things not be afraid to talk about them because discourse is the first thing that they capture it's also the first ground that we can win with Truth uh truth resonates like crazy there's a reason why I jokingly refer to Whitney as like the ghost in the machine where she gets crazy numbers on all these things but it's like you know she she's pushing back on their very tools like that's what's so funny about you know you know we're we're enslaved by the algorithms right but also we can fight
back using those same algorithms that you know uh are trying to enslave us we can push back with good content because it does resonate so it's really important that we do this stuff um and yeah I'm just thankful to be here yeah and uh there's so much left do but this is where it starts really is discourse well discourse and I'm very happy you said the RW because that's talk about language control that's one word revolution that some be is like don't say it don't say it like we don't want the state to think that
we're pushing it up against them it's like no we need a revolution look around you look at what's going on look at this carbon credit program they're literally sending satellites in the sky to send data to Smart contracts that dictate whether or not you can spend money at the grocery store next month like it is time for a revolution the revolution does not need to be bloody I don't think like you just said Mark I think we have the ability to leverage the same tools that they do in a different way to have a successful
Revolution against this impending [ __ ] hellscape that they're trying to push on us and you can't be afraid of that word be open about it go ahead Winnie I just want to chime in really quick so part of what we're talking about here part of the way to like defeat this apparatus that Mark and as Mark referred to it um so much of what they do including like their uh media Ops uh in efforts to control discourse but also just like getting people to onboard to stuff when they otherwise want it it all runs
on fear right and like all the stuff that happened during covid people fell in line because of fear it's all fear-based pretty much everything they do a great way to not fall into that is not be afraid of these people no matter what scop they throw at you and I think this year election year not just in the US but in much of the world uh yeah unprecedented fear-based scops are going to be coming one after the other until they get enough people to comply and acques and the way to uh you know get around
that is to not fall into it you know it's the Trap and a lot of it is the media discourse and I think you know the more controlled online discourse becomes the greater the effort will be to use it to get people to be very afraid of what's Happening and if you unplug a little bit and spend more time in like the actual world you are much less likely to feel that way and I think that's why during covid they wanted so much of our discourse to be online and then they took even greater control
of the online discourse and we know that under the guise of election censorship they're going to clamp down even more on online discourse and Lead it in very particular directions they want Americans in particular to be at each other's throats you know textbook divide and conquer among other things though I mean they have this whole war on domestic Terror apparatus all this stuff about Civil War and we need this and that regular Americans are generally on the same side and they want to divide everyone and it's all through fear and they've been doing this SC
up after s up after s up whether it's 911 covid you name it I mean it's all fear-based and wants to alien alienate you from your local community like again it's about self-reliance at the local level uh you know that's a big part of the response but it's also you know getting people not just you yourself though obviously that's where you start but making sure that the fear doesn't uh anchor in to you know where you are based I think that's a big part of it just that's all I wanted to say thanks yeah well
in in terms of like there like in two points what you said earlier election year fear-based divide and conquer is being employed uh if you're not for Biden you should be for Trump if you're not for Trump you should be for Biden [ __ ] they do this every four years how have people not figured it out we have we have an example of this because nothing matters because the the fisa um reauthorization in the the expansion of fisa this week you have a republican controlled controlled house you have a Democrat president and they they're
both like yeah we're going to surveil you more same [ __ ] different rhetoric only different I mean it's it's a rhetorical difference that's ultimately meaningless and with on the line of like pushing all the discourse digital like what they just expanded fisa to be able to do is going to be able give the government the ability to granular Target people that are exhibiting speech that they don't like like they just got the ability to literally tell coffee shops like you need to give us all your Wi-Fi traffic data so that we can surveil everybody
fisa which was originally supposed to be targeted towards um foreigners terrorists yeah terrorists now it's really well the government just told your coffee shop they had to give what paler originally was so paler was originally total information awareness and then they tried to rename it terrorist information awareness but total information awareness is what they always wanted and that's surveilling everyone for everything and it's surveilling people at the biological level like the to stop pandemics before they start narrative that was part of it it was also about financial surveillance it was surveilling what you buy at
the grocery store that is literally what they are doing again but it's a mix of public entities and private entities that are all in these involved in these opaque Partnerships so it it's not one clearly defined program at DARPA like it was originally supposed to be but the goal is to completely erode privacy to completely surveil everything and prevent X before it happens X being literally anything they don't want to happen or say they don't want to happen so prevent crime before it happens pre- crime William bar attorney general under Trump legalized pre- crime in
the United States it will come they've set it up you know and they want it all to run on your data they want to prevent you know they'll say it's for terrorist attacks it's for pandemics it's for crisis X Y and Z it's for climate Calamity you know we have to prevent it before it h happens it's all algorithmic based uh but it's all they can only manufacture consent for if there's a climate of fear yeah period what's that uh Trevor Moore that Trevor Moore tweet where he's like hey what if uh you know all
these Spooks discovered you know through the MK Ultra program that you can control uh humans through fear based tactics and now they simulate uh you know events uh in the public to instill fear to like control the masses you know ha haa and then you know of course he died you know a month later or whatever but I think that idea of uh you know fear-based control it's something that we've seen um you know there's this great Bard book um s mauron and simulation um that you know talks about this idea of you know if
you are a person in a uh Bodega and someone comes in to rob the place and you you you this this fear is instilled in you because someone comes in with a gun and holds it up at the person uh and goes to rob the register and you're fearful for your life and then as soon as it's over they turn and they go hey hey just kidding I'm actually an actor and he's an actor and this is a fake gun it doesn't matter the the fear and the emotional uh you know output that you had
because of this this simulated input it doesn't matter that it's fake you still have that same emotional response and you still react in the way as if it was real um you know they've realized this that this is such an incredible tactic to control people at an individual level this very clearly works at a you know at a at a mass level and now we're seeing you know fear-based tactics everywhere I mean Co made us fearful of each other um the climate uh you know gam game game here uh makes us fearful of you know
it makes humans basically exactly it makes us fearful of the earth and also the the uh thing that causes the weather to to go bad is Human Action it makes the enemy of the world humans are are like themselves and this is something explicitly stated by like the club of Rome uh you know ghouls that you know are are are behind a lot of these things um you know they've really turned humans into being fearful of each other divided if there's a subject they don't want people to talk about they create uh you know through
operation Mocking Bird and and other other tactics they create manufactured discourse about manufactured events to Shepherd people into this fake false tonomy um and now we're stuck in these these these two choices um that were both fake uh you know to begin with that were that were simulated through fake events um and it's it's it's really it's really wild when you see you know okay you know hey YouTube is is uh you know is bad because Google's bad we all know that right so let's all go to rumble well hey caner Fitzgerald took Rumble you
know public right it's the same Peter theal funds it from paler it's the same people that were fearful what are we afraid of Google oh because they have all our data and they run everything and and you know they're not so great well paler is better uh CER Fitzgerald is better um why is Peter teal better than Susan uh you know YouTube uh why is that any better um uh you know it's it's this total false economy um and we fall hookline and sinker for it um because we have these Pi Pipers that are literally
paid uh you know to lead us there um you can see that on X so so like obviously with you know the people paid by by Elon to to post on there you know this idea that X is the Public Square is just so ridiculous you now they're going start charging for posts the amount of murder videos I've been fed and like fights at schools that I've been fed and another thing it's getting so egregious like around the totality solar eclipse like the amount of content that was just being flooded with oh my gosh the
world's going to end after this there's going to be earthquakes like they're going to a Cyber attack like it's people scared as [ __ ] all the time that's what they're doing yep and I I almost fell for it over the weekend with the Iran bombing Israel I was like oh [ __ ] World War II then I took a couple minutes I was at a baseball game with my boys and my wife and I was like you know what this is definitely something uh being manipulated here all wars are Banker Wars and uh both
sides are being played in this Iran totally wasn't CED by the CIA uh you know it's totally not a world Empire uh you know all of these conflicts are real Russia and Ukraine didn't have the exact same covid policies uh you know it's it's just it's it's lunacy that we you know we we understand so much about what's happening you know zoomed out and then when we get locked into these little you know I'm on team a I'm on Team B it's like full [ __ ] that guy you know he's wearing the wrong color
on his shirt uh you know I'm a Red Sox fan he's a Yankees fan like [ __ ] that guy it's like no we're all being controlled uh you know let's let's let's get together here even sometimes I think with you know some of the dissonance that I think was was ultimately generally correct like with Co um you know obviously it was it was a pretty wild time um to be looking around looking for any signal anywhere um but you know so much of Co dissonance was you know obsurd things about vaccines and all this
stuff and I'm not I'm not I'm no vaccine fan I wouldn't do it I'm not vaccinated but you know a lot of the discourse was very controlled and very insane and it's graphine and Nano and like all you don't have a 5G antenna in you good job dude job not yet not yet um but and I don't know ultimately right like I'm not sure I'm just a guy with internet access for the moment um but you know so much of the discourse was controlled so quickly to divide each other and to distract from no one
talks about the lockdowns no one talks about you know printing trillions of dollars like it's it's all about the vaccines and are you on this side or this side and it became this politicized thing that was literally inverted in front of our eyes where Kamal is saying I'm not taking the vaccine because it's Trump's vaccine to 6 months later you know I'm getting yelled at and being called a Trumper because I'm not vaccinated and it's like what the he's the vaccine guy like what like did did no one just see this phase shift happen in
real life am I going crazy like what happened excuse me you're not a Trumper you're murdering Trumper okay you're murdering your grandmother exactly and and and it's just it's it's it's so wild and and and and I think even some of the smart people really felt for it I mean and it's it's really tough to stay up on scops I mean it's very hard um but I think in general when there's something that is trying to divide people to a dcom the dichotomy is wrong like like the world is not black and white it's very
gray um and so whenever there's very clear black and white you know tropes that's a very very big Trope of some of these you know groups that control us is is false economies of black and white um and just whenever you see that you know you should raise a little flag and be be wary of that in my opinion agreed be aware freaks be aware be the Patriot you want to see in control don't depend on Q okay um this has been great two hours do we have anything we should leave the freaks with Whitney
any final thoughts uh yeah don't let them I don't I don't know I mean there's so much stuff to say I feel like I've already said it just I guess repeating uh don't fall into the fear-based scops it's just maybe we should get offline a little bit more everybody and also um please do not let Bitcoin become Larry Fink's little [ __ ] I mean that's just embarrassing yeah please don't do it [Music] that's plant a garden go up amnesia is a good uh good phrase I'm going to take from this one cuz it is
hard take it baby sitting there your old Bitcoin numbers going up like oh [ __ ] this this feels good you have to fight that urge it's uh totally well they want to try and buy people out and be like oh you wanted to be a revolutionary did you well here's you know six figures yeah how about a second salt water pool how about a hot tub Mark you know it's like how about you peel off a little Satoshi and get yourself something nice you know it's like no I don't give a [ __ ]
about that actually like I'm I got into this stuff you know totally not because I I was never a thing about getting rich and um you know I want to use you know whatever funds I've been lucky to to to get to you know to do to to establish sustainable which I know is a dirty word these days but to just to create sustainable architecture that you know can really push back on these things um and you know I think we all have a duty I think of bitcoiners to keep Bitcoin permissionless keep the Spirit
Alive of of the meras and and the Amir Takis and and the mares and and uh you know and and and push and push that [ __ ] forward um you know and uh and keep Bitcoin keep Bitcoin freaky um and you know yeah don't don't let Black Rock uh dollarize Bitcoin please that's that's my final word well I know for certain I can give you two um this what I'm looking for it's not closure you can uh you can understand well that there's at least four or five teams working to build products that push
us in the right direction um here right in the Bitcoin comments here in Austin educate yourself freaks don't be afraid to speak up that's been one of my goals initiatives I guess you can say over the last six to nine months particularly is I I repeat it I'm sorry if you're listening to this and you're like oh my God Marty I can't believe you're saying it again but I cannot be understated you need the confidence to speak up against this there are very prominent figures in the space who we've discussed throughout this two hour our
conversation that want to push you a certain way yes they may say a lot of right things but you have to listen for the the dog whistles trying to push you in a certain direction uh subconsciously and don't be afraid to speak out say no Bitcoin is money I do want to use it to transact I do think the US dollar Reserve System is uh inherently evil and I do want to replace it with Bitcoin I want to use Bitcoin as my money I want to use it in a self- sovereign fashion uh in a
peer-to-peer fashion and uh that's not bad to say it's not bad to vocalize those thoughts especially there may be very rich people there may be very prominent people there may be people who are very articulate certainly more articulate to me that that put a good smile on they Jack people up they help number go up uh but in the long run the the the timeline of Bitcoin success being uh an asset that's Larry Fink's little pet pet pet rock that he integrates into the financial system is not the future not the timeline that I want
to live on so have the confidence to speak up yeah Whitney Mark well sad I thought that was very articulate Marty I'm not KN for I can't can't pronounce words clip it clip it clip it will uh when can we expect part two to drop oh pushing a month okay yeah uh having is a little crazy over here in Bitcoin magazine World um but uh yeah I'm hoping to get uh you know some some some good Headway in it in the next you know week or two uh yeah I'd say yeah some sometime in May
all right so we'll we'll we'll congregate again at some point in May to uh to follow up sounds good I think rep not repetition but uh to keep getting this message out there is important mhm agreed well thanks a lot Marty thank you guys yeah thanks for having us peace and love