We will look back at this moment in history and realize this was the confiscation of as many Bitcoin from weak hands over to Wall Street. As we transition to this multipolar world where Bitcoin as a digital scarce asset will play an increasingly important role. Many investors are like capitulating saying none of this makes sense anymore. The market is not the market. We are 100% centralized control By the financial industrial complex. Um at this stage the price of gold has gone through the roof. Then we had the correction leading up to the oil crisis, the strategic
Venezuela war. Now we've got the Iran war. To me, this is all part of a managed transition. Now, the reason why Bitcoin didn't go up is they didn't have enough Bitcoin. They built the derivative complex and they created all sorts of media FUD to make people think Bitcoin's over. To me, that's a Very bullish indicator. If you're long-term, it means they want Bitcoin. It means Bitcoin is important. >> Argie >> Simon Dixon, welcome back. >> Uh, the world has changed. Um, good to be back. I I really can't even imagine what's happened between now and
the last interview. >> No. So, we we last spoke, I think it was late late September, around October, something like that, right? >> Yeah. >> Um, and so to recap, everything was all good in the land of Bitcoin. We were just about hitting 125, 126. It was virtually the peak of uh the price action in 2025. um the crescendo of you know screams of people calling for a ceasefire in Gaza was happening and that was the the the geopolitical crisis that was front and center requiring you know resolution and we we had a good conversation
around uh What was happening in the Gulf region in that context never would have thought and given that what happened in in June July last year as well with the 12-day war um between Israel, US and and and Iran. So, we thought that was kind of resolved and maybe that can was kicked down the road. And so, ever since then, so we've had a massive draw down on Bitcoin. So, in October 10, there was a huge red candle day and it Still hasn't really come to the surface as to what happened on that day, but
it was almost a 10% day. uh quite anomalous. You know, in in in Bitcoin, we're kind of used to volatility, but even within that context, that's not the sort of thing that happens, you know, every month or every 6 months. It's a kind of once every year event. And it typically marks some kind of turnaround, some kind of event that's happening, bullish or or or bearish. And in this Case, I guess nothing has no body has floated to the surface, but we've had a 50% draw down since then. And so I I wonder if that
was um the starting gun for the bare market. I think we've had the full Bitcoin financial industrial complex, financial weapons of mass destruction built in order for Wall Street to take control over the short-term price of Bitcoin. uh that doesn't change my long-term thesis. Um and it's a great Opportunity for those that have a long-term accumulate every month regardless of price strategy. Um but uh we've certainly seen um on 1010, you know, there was some kind of under the radar small teruna type of event that caused a controversy between Binance and OKX. Um, we saw
cascading liquidations. Um, we've seen strategy accumulate into Bitcoin Treasury companies. Um, we've seen um a number of what will probably Be the key Bitcoin treasury companies. Um, we've seen controversy over the the history of Bitcoin as it relates to developer infiltration in the Epstein files. Um, and we've seen the ETF manipulation tactics that can be used as a result of Jane Street and other players um, being appointed representatives and being able to issue uh, paper Bitcoin ETF and having a settlement time before they have to cover that. um which created This opportunity to use the
derivative complex in order to push the price down and accumulate Bitcoin into treasury companies and also fully vasilize the treasury companies. And so we had the collapse of Nakamoto. um that also led or or was already going to have the strategic acquisition of various assets like the the Bitcoin conference company um the Bitcoin uh media arm um and so within that Wall Street structure now which relies upon Partnership with Caner Fitzgerald with all of these um you've had key assets accumulated into Wall Street rappers uh we've had what will potentially be uh forecast here. We
don't know whether these are happening yet, but we had Jack Malers launch his 21 Capital um again in partnership with Tether. Um the broker and the investment bank is um uh Caner Fitzgerald. Uh, we know from Epstein files things that I was covering before around Howard Lutnik's um Controversy in terms of his involvement with Jeffrey Epste being Jeffrey Epstein's neighbor. Um, and I was warning everybody that this is that to stay away from Caner Fitzgerald. They want to um margin call everybody. uh they want to create the environment of um you know building a a
derivative complex with JP Morgan, with Goldman Sachs, with Jane Street. Um and so Jack Malers will most likely be my guess, I don't know if it's going to Happen, but probably acquiring and wrapping Strike into um the Bitcoin Treasury Company um which started offering Bitcoin back loans. Um, and so you have the apparatus for these margin calls for those that are going to lever up their Bitcoin. And then we also have Adam Back's launch as well. And we saw, you know, Adam Back uh was also had a controversial background um that was revealed within the
Epstein files as well. And so we can see that there is a Connection around infiltration of various assets of the Bitcoin community. And my guess is that they're probably going to roll Blockstream into that company as well. Um that Bitcoin treasury company. So, we're seeing um a careful orchestrated strategy in order to try and centralize into Wall Street um various components of um Bitcoin infrastructure, whether it be um you know, those that can influence developers, those that can influence um Bitcoin back loans, um those that can uh accumulate Bitcoin, which is strategy MSTR. Um but
also they launched a series of products which rely upon um everinccreasing levels of corporate debt um and the payment of dividends uh based upon various volatility um parts of the equation. So now you have uh via the ETF and Jane Street and appointed um representatives the ability to create paper bitcoin and manipulate the price down and then cover it to accumulate Bitcoin. You have the ability to centralize as much bitcoin and possible through strategy. You have the ability to create bitcoin back loans within a centralized wall street rapper. strategy is offering dividends and corporate debt
structures that can lead to um in a cascading liquidation situation. Uh the ability that strategy needs to go to Wall Street every time it needs a bailout or sell its Bitcoin. Um and those two events create a a a media Narrative that you can then use. And so we started to see lots of media narratives to crash the price of Bitcoin. Um, we had the whole release of the Epstein files and all the FUD around that which there was nothing worrying in there but there was revealing that there were attempts to try and you know
conquer parts of Bitcoin. Um, to me it was a story of how resilient it is which we can go into. >> Yeah, we we need to do because you know Just a mere association with the name Epstein implies um that Bitcoin was uh coercively controlled and everything downstream from there is tainted. But we'll we'll break that down a little later. >> Yeah, absolutely. Um and so, you know, to me it was just how important Bitcoin is um that they felt that these deep state operations need to try and infiltrate Bitcoin. >> Mhm. >> Um and
uh and then we have, you know, these um influence over development via organizations like Blockstream that they may be able to put into a Bitcoin treasury company. So, there's been a clear operation to accumulate as much Bitcoin as possible in the Wall Street rappers um and get people as leveraged as possible by offering various derivative products. Um and so the entire um manipulation of short-term price infrastructure has been set up Which means effectively um you are crazy if you try and outrade Wall Street uh because they have tools that you don't have um and you
will get wrecked and if you lever up as well um you're likely to get wrecked. These are tools for stealing your Bitcoin um playing the markets. So all of that has been built. Um and it seems like it required a war with Iran in order to turn down the price. Now there may be more upside, there may be more downside. Um but uh You know I I think this was a central trying to centralize the ownership of much Bitcoin in Wall Street rappers um and reposition. Uh we also saw a lot of FUD from OG
Bitcoiners that were allegedly selling their Bitcoin. Um I couldn't prove this um but uh the same people that were continually mentioned in the Epstein files like Peter Teal um were some of those likely candidates of old Bitcoin of old Bitcoiners that may have been selling their Bitcoin. Um and So we've seen the complete apparatus of you know institutional inflows via ETFs uh Bitcoin treasury companies the derivative complex um combined with media manipulation in order to shake out we cans um to get as much Bitcoin reposition Wall Street um ahead of the fact that we also
had all of these public displays one we're having an oil crisis we had a silver crisis we had the gold ball market. Um, so everyone knows that derivatives have issues. Uh we're Knowing uh we're seeing at the Federal Reserve level severe issues um in the repo markets um in over 40% of all US debt right now is being refinanced in Cayman Island based upon a 101 highly leveraged basis trade that requires borrowing from the Bank of Japan which is currently killing the carry trade. So we have in the US debt 40% the largest foreign purchaser
of US debt is Cayman Island and hedges that are simply making a highly leveraged basis trade based Upon borrowing from the Bank of Japan carry trade um and manipulating these uh ETFs arbitrage between these appointed reps. And guess what? Jane Street was also the one um that is the appointed rep behind the the silver ETF as well. So, we know that there are significant paper contracts um on all of these major commodities and fixed supply assets. Um and Bitcoin is the latest one. Um those positions have to be covered and we saw that the Fed
switch from quantitative Tightening to quantitative easing. Um and there was significant um action draining some of these repo markets, which is the overnight um borrowing markets. We don't know who was on the wrong side of that silver trade and that was a wild move. We do know that there was covert bailouts of banks and financial institutions and they just didn't call it quantitative easing because instead of buying these long-term treasuries, they were buying Short-term bills. Um and so now if you buy if if the Federal Reserve starts buying 1 week, 2 week, 3 week, 4
week um treasury bills, they don't call it quantitative easing. Uh they only call it quantitative easing if it's the 2ear, 5 year, 10 year, 20 year, 30-year treasuries. Um and so we we are in a quantitative easing environment. Um we're seeing that there has been bank bailouts. Um the operation to regime change the Federal Reserve in order to Artificially push down rates is well underway. Um but now we've had this oil crisis and oil supply shock uh to add to the equation. Um so we're really seeing that in this transition to a multi-olar world. Um
commodities and fixed supply assets are the story. Derivatives are the mechanism. Money printing is the bailout. the losses are being socialized and the gains are being privatized. Um, and in this whole phase, I personally believe that we will look Back at this moment in history and realize this was the confiscation of as many Bitcoin from weak hands over to Wall Street. um as we transition to this multipolar world where Bitcoin as a digital scarce asset uh will play an increasingly important role. But at the moment um central banks aren't buying it. You know, they're if
if you're selling your dollars and you're selling your treasuries, you're buying gold. They're not buying Bitcoin at the Moment. Um and so it doesn't have this institutional central bank bid leading into this multipolarity. It's kind of correlated with a highly speculative AI tech talk at the moment. And guess what? AI is impacted by energy, you know. Um, so all Bitcoin is deeply integrated into the wider geopolitical situation right now. And I believe we've witnessed um an an operation to try and uh get as many people to sell their Bitcoin um and centralize as much as
possible. To me, That's a very bullish indicator. If you're long-term, it means they want Bitcoin. It means Bitcoin's important. It means that it's important enough to try and infiltrate. And I believe in the future is going to be a negotiation tactic between these currency wars that we're witnessing all around the world right now. >> Why do you think we've seen um such a strong run up in the gold price while Bitcoin has uh drawn down 50%. >> Because um we are in a dollization phase. So last time we spoke um every single foreign stock market
was outperforming the US stock market. There was massive capital outflows. Um the US stock market was being propped up by three things. Money printing transition from you know QT to QE. Um ETF inflows. So more and more people are just have this structural bid because they're just contributing to ETFs. And now Black Rockck is just through the index funds Um you know managing what gets access to constant capital through endowment funds, pension funds, insurance premiums. Uh ETF flows are getting bigger and bigger and bigger because as markets get more complicated, people are just saying, "Hey,
I'll just I'll just trade the index." So now you're essentially um you know handing over these structural bids which means that Black Rockck and State Street and Vanguard and the financial industrial Complex um are able to effectively use index funds as a new weapon of mass destruction. Um so whether you're included or not included um you can rebalance and so um and also media manipulation. So there is no concept of earnings per share. Um you know historical things that financial analysts use in order to analyze the market has disappeared. So the stock market is dependent
upon printing ETF structural bids and media manipulation. Media manipulation means that the only thing that matters is geopolitical strategic importance. AI is geopolitically and strategically important to FIC. The reason is is because when the financial industrial complex in this multipolar world is trying to get a foothold in other countries as they're pushing capital out, they're using companies like Nvidia in order to negotiate their terms. We'll build data centers in your country. We'll give you access to chips. Um and then we'll plug it into your cheaper energy. Um but you know, we want x amount of
sovereign wealth fund investment in in our companies. Um, and so you're starting to see that ETFs are becoming the new currency war. They're the new negotiation tactic. And the companies that survive are more about negotiation um power. And so then they just print money, use media manipulation, and get ETF inflows. And so many many people, many many investors are like capitulating saying this is a bubble. Like this is I don't understand this. None of this makes sense anymore. the market is not the market. You know, we are 100% centralized control by the financial industrial complex
um at this stage. So, what are other countries doing? Other countries um the foreign ownership of US treasuries is going down and down and down because we've had These major currency wars in order to reset the world to multiparity. We've had Bank of Japan increase their interest rates to break the Japan carry trade, which is why we've seen all this volatility in these paper contracts and derivatives markets. Um we've had uh Europe via NATO um renegotiate the Euro dollar uh where Europe is effectively subsidizing US weapon purchases. And so the military-industrial complex which consists of
assets mainly in America but Also France, UK, Germany and Israel. Those are the main military-industrial complex stock markets. Um they get to print money in order to uh profit profit from war and uh that needs to fuel those stock markets. And so the Euro dollar by creating this new relationship um effectively you're changing the dynamics where dollars can be printed via the European banks via these FX derivatives swap contracts which is facilitating propping up the US stock Market and the military stocks which requires more war in order to facilitate that trade and this is being
done in the western hemisphere. So America is going to dominate this part of the world with Europe, UK, Central, South America, Canada, uh you know, Greenland, various other um other parts. Um so in all of that, the US is now having to roll over its debt. So um Japan now has the largest foreign holding of US treasuries, 1.8 trillion. If you break The carry trade, then right now we're seeing and you create an oil crisis. They need to sell their treasuries as a potential tool. And we saw massive intervention between the Fed and the Bank
of Japan where they were calling up their FX desks and trying to really, you know, um weaken the dollar um and push up the value of the Japanese one. So we're seeing these major major currency wars um happening around this restructuring and of course the final Part of that Euro dollar, Japan carry trade is you need to break the petro dollar and once you break the petro dollar uh you then uh have all the currencies that pegged their currency to the dollar. Uh they have to sell US treasuries or sell gold. You know they're not
going to print their own currency. They can print their own currency, but in their reserves, if you're trying to maintain your currency's pegs, the Saudi has a peg to The dollar, Hong Kong has a peg to the dollar. In order to defend the peg, um, you either sell US treasuries, US government debt, and if the value of the dollar is going down, then you're going to pick that. Or you have to, and what does selling US treasuries means? It means you're taking your US treasuries, you're selling them for dollars, and then you're using those dollars
to purchase gold. And so gold is going up because the dollar was going down. And So we saw that when you price the dollar in foreign currencies, which is DXY, we were having a weakening and a weakening and a weakening. the uh gold was going up, silver was going up, which is a structural weakening, which is effectively a mechanism for breaking all of these um uh these uh everything that props up the dollar as world reserve currency. Um but they don't want to break anything, [laughter] you know. Um it's a managed transition, >> you know.
Uh they make a lot of money, the the fick make a lot of money out of controlling the dollar and creating the dollar. Um but they need to hedge because they know that the world is changing and the collateral won't hold forever. So um anyway uh the largest holder so China's been selling off its treasury slowly. Uh Japan has become the largest holder. Uh next to that is UK and Europe. Um, and so they're being pushed into a financial crisis, which Means that they'll have to sell their treas their US treasuries in order to negotiate
with some kind of IMF or auster austerity situation. So then you're left with who is going to buy the US treasuries? Well, of course, it's the hedges. It's Cayman Islands. And so it's uh it's the Jane Streets, it's the Black Rocks, it's um it's them. And so you need pension reform because what does Trump need to do? he wants to artificially push down Uh the the interest rate on the short-term debt to roll it over. So effectively um the the strategy is um as the as the long-term debt is costing more we need to keep
refinancing shorter shorter shorter um and we need to artificially suppress the price. So who's going to pay negative yielding treasury? Who's going to buy negative yielding treasuries? you know, if inflation's going up, the longer term value is going up. Who's going to pay Zero, you know, these these low percent? Well, pension reform, they need to dump in on the pensioners. They need to launch stable coins um and they need to um create a mechanism for leaving the American people as the bag holders. And so the strategy right now is is effectively print as much dollars
as possible, switch from QT to QE, increase military budget from a trillion to a trillion and a half, push the uh AI and data center trade, push the robotics Trade, um because eventually you're going to have structural unemployment that you need to deal with. um move to this 1984 Orwellian police state, surveillance state, technical industrial complex that requires civil unrest. Uh make sure you're pushing the demographic changes, you know, issues. Make sure you're fueling lots of tension across the West. Um, and eventually, you know, we're pushing towards having the the UBI mechanism in order to
roll over the Debt, leave all the American people with the debt and pump all that value into the stock market. Um, and then you make sure that foreign markets and foreign currencies are outperforming the dollar and the S&P. Uh and then that capital outflow allows you to guide via all the different country ETFs who gets access to capital as you reset the world order into multipolarity. And then you use that as the the US military as a negotiation tactic and you use the AI Trade as a negotiation tactic to try and financialize and securitize as
many foreign current uh countries as you can penetrate as much as you can. you know, you're seeing that with UAE for the Gulf countries. You're seeing that with India, uh, for bricks. Um, penetrate as much as you can knowing that you're not going to be able to control the dollar in the future. Eventually, the money printer won't work and the collateral won't work. Um, so you're you're Managing all of that capital outflow and every country knows that. So the central banks that are all members of the bank for international settlements that are sitting in Switzerland
managing this trade, they're all selling their treasuries and buying gold. So the price of gold is gone through the roof. We had the initial pump. Uh and then we had the correction leading up to the oil crisis. Uh then we had the strategic Venezuela war. Now we've got the Iran war. Um and Uh to me this is all part of a of a a managed transition. Now, the reason why Bitcoin didn't go up is they didn't have enough Bitcoin. And so, they used they built the derivative complex um and they created all sorts of media
FUD to make people think Bitcoin's over. Epstein Files was a part of it. Um 1010 could have been a part of it. Um you know, uh but we had all sorts of adverse media to make people sell their Bitcoin. That seemed to be quite a coordinated thing. I don't know why they jumped. I mean, I guess Epstein was already that's a big topic, right? And it was quite a hot topic before the war and people seem to have sort of I don't think people are going to let that go, that's for sure. And I know
that um the Trump administration would like people to forget about they're not going to forget about it, but it's on the back burner for now because there are more acute problems. Um but the way that um Everyone sort of latched on to that Epstein connection which was not really I mean it was not really a strong connection but let let's break that down because it's a qu from what I can gather it was a question of funding and the flow of funds and whether or not that that had an influence on what Bitcoin um became.
I I did a I did a lot of work to try and break it down for people because I I knew many of the developers um and I was a shareholder in many of The companies. I had direct experience that people didn't have. On the surface, it was the perfect story. Um anyone that hates Bitcoin, you say Jeffrey Epstein created Bitcoin, you pull out all these old clips of people saying if you know if you knew who created Bitcoin, you would sell it immediately and Bitcoin would go to zero. Like it was it was the
perfect storm. You had all the [ __ ] coiners like latching on. You had all the hard forks, the SV people, the Bcashes and all that stuff. It was it was just the perfect um frenzy in order to create mass selling pressure. Um so what do we know about the Epstein files? Um so I I really uh dug deep. Um, I interviewed Amir Taki cuz uh, Amir Taki and Gavin Andre were the first two Bitcoin developers that Jeffrey Epstein when the Epstein files were released, there was email evidence that they had contacted them. Um, Amiaki
responded to me. I did like a bit of an interview With him, asked him his experience um, on what actually happened there. And so, um, Jeffrey Epstein originally contacted Bitcoin developers in 2011 via a Silicon Valley contact. And this, uh, contact, um, I forget his name now. Um, was saying, "Yeah, you if you want to meet the Bitcoin guys, these guys are a bit anarchist. They're a bit crazy." Um, fake emails were spread that um, like that they making it out like Jeffrey Epstein was Satoshi. Those were complete Fake ones. They weren't in there. Um
but the 2011 came along and uh they wanted to find out um you know who who were the Bitcoin people. Now at that time I remember cuz that was the year I spoke at the first Bitcoin conference and wrote that book on Bitcoin in that year. Um Bitcoin was about $3 then. Um Amiaki was a developer. He was launching an exchange. If you if you were around in 2011, the face of Bitcoin was people like Amyaki Gavin Andre who was a Developer. Um there was Roger V who was an investor and there was people like
Eric Vorhees and Trace Mayer who were like you know creating startups in with Charlie Schwam and people like that. So those were the faces in 2011. Um so he tried to contact Amiotaki. Amir Taki said that um his business partner at one of the exchanges went to meet him in new in New York and ended up he said and I don't know whether it's true but he said he thinks he ended up on the island. He Came back and said no let's not take any funding. Um he's involved in pedo stuff was his words. Um
so that was attempt one that we understand. The Gavin Andre one is quite interesting because Gavin Andre was the first developer that Satoshi handed the project over to. Um he [snorts] if you remember infamously lost his commit access to the GitHub repo uh when he was involved in a controversy around Dr. Craig Wright saying that he was Satoshi Nakamoto. Um And he was heavily involved in the block war debate. He was somebody that wanted to increase the block size. And there were different people like Mike Hearn from Google and uh Gavin Andre allegedly didn't meet
him uh was uh was the allegation. Gavin Andre's interesting cuz the timeline was Satoshi left the pro the project when uh Julian Assange and Wikileaks used it to counter the financial blockade. Um and then Gavin Andre said he's going to go meet with The CIA to discuss Bitcoin. Um and then after that, Satoshi left the project and then Len Sassimon um ended up um you know committing suicide allegedly. Uh who I believe is Satoshi, the most likely candidate. Uh that was all around the same time like one month later. Um and then Gavin Andre um
said that he didn't meet uh Jeffrey Epstein. And then we get emails around about 2014 where Peter Thiel and Jeffrey Epstein were communicating around this whole concept Of median of exchange, unit of account, um, store of value, you know, and and Jeffrey Epstein was effectively saying they're a bit confused. They don't know whether it's an asset or a currency. Um, and Peter Thiel was like, "Oh, is this part of uh the the I can't remember I won't get the wording right. I can't remember what the wording, but something along the lines of is this part
of our discrediting campaign or uh disinformation campaign or something Like that. Um I put all the emails out there. Um just can't remember the wording, but so Peter Teio and Jeffrey Epstein were involved in what looked like conversations around how to weaponize big blocks, small blocks, um store of value, unit of account, median of exchange, which became the block size war effectively. Uh, Coinbase took some funding from Jeffrey Epstein via an introduction via a third party entity. >> Um, and uh, they that was brokered via a Very controversial character called Brock Pierce. Um, so Coinbase
got some money. Um, Gavin Andre didn't meet him. Um, and Brock Pierce came on the scene as what seemed like a facilitator of funding into Bitcoin companies. One of the companies was also Blockstream. Uh Blockstream uh put together a bunch of Bitcoin core developers. They were heavily involved in the the you know the block size war debate. And then you had um yeah, so you had Blockstream receive Some funding. Uh you had Coinbase receive some funding. You had attempts to meet with the core developers that didn't allegedly receive any funding. And then you had the
introduction of Brock Pierce. Now, this coincides the introduction of Brock Peers to our industry. Um, for those that you can look up his background. Um, you know, he's had controversial allegations around sexual misconducts um with minors. He also Um was involved in he was a child actor in Hollywood. We know that you know putting things together in order to make it in Hollywood, you have to do you have to hang around with strange people and do strange things in general. No allegation there, but you know when you paint a bigger picture and he blew up
an internet um startup during the boom and bust and there were all sorts of you know Wolf of Wall Street style parties that blew up a bunch of money and led to Those allegations around sexual misconduct and and everything there. He settled uh his sexual misconducts and then all the allegations went away. Uh and then suddenly he was installed into an organization called the Bitcoin Foundation. um which was effectively a mechanism for funding Bitcoin developers and being like a PR a decentralized PR arm but it had a foundation and it was very controversial but in
2014 once he joined Um there was the arrest of Charlie Shrem there was Mount Gaus went down um and discredited Mark Capellis who was on the board uh Charlie Schwe behind Bit Instant who got arrested he was on the board Uh we had um Roger V, you know, align with a new faction of scaling Bitcoin. Um and one by one all of these controversial characters on the board were just kind of went went down one by one. And he also um paid a bunch of developers to create a digital dollar on The blockchain um which
was called I think Truecoin or Realcoin at the time time and it was later sold to Bitfinex and was rebranded as Tether and so Brock Pier created um installed Tether into our sector effectively. The Bitcoin Foundation was discredited. It went bankrupt after all of this discrediting. People pulled all their money and didn't want to contribute it anymore. Uh and there was a funding crisis that led to um looking for alternative ways to pay For developers. Um one of those was Blockstream emerged. Uh so a private corporation that took one side of the block size war
debate. Um, and then I remember at the time I was at a conference and Brock Pier um came up to me after my talk and said, "Simon, I got to tell you something. I've got to tell you something." Uh, and he spent approximately two to three hours trying to persuade me that this guy called Dr. Craig Wright was Satoshi Nakamoto. Um, the chairman of the Bitcoin Foundation was a guy called John Matonis. John Matonis then comes out and says, "Hey everybody, I know who Sat Satoshi Nakamoto is." is um and Gavin Andre um also said,
"I think he's Satoshi Nakamoto." So you have Brock Pierce pushing it in the back end. You have John Matonis introducing Dr. Craig Wright as Satoshi Nakamoto. Um and you have Gavin Andre that as infamously um said he got cryptographic proof that Satoshi Nakamoto uh the bit the that Dr. Craig Wright sorry owned the Bitcoin keys. This was the movement that then Roger Ver joined um and a bunch of companies that wanted to increase the block size and we entered into the block size war and so this block size war was um so we had the
introduction of stable coins which is the precursor for central bank digital currencies. We had Peter Teal and Jeffrey Epstein talking about a campaign To fracture Bitcoin around digital, you know, unit of account, medium of exchange and store of value. We have Brock Pier facilitating investments into uh the divide and conquer strategy. Um and then we had the fracturing of the community and Dr. Craig Wright. Uh then um I remember I went to Shanghai at the time and I met Jihan Woo who's the founder of Bitmain >> uh which is the company that was producing all
the ASIC um for you know ASIC uh things for for all the Bitcoin miners um and they've got an investment from Sequoia Capital um and he was telling me he was asking me about um you know Dr. Craig Wright and and he was also on the team of this guy Satoshi. And so you had this very coordinated campaign to make everyone believe that Dr. Craig Wright was Satoshi Nakamoto. The largest investor in the sector joined the movement. The largest mining ASIC manufacturer joined the movement. The head of the Bitcoin Foundation joined the movement. Um and
all of the corporate entities that were coordinated via Barry Silbert. um who created something called digital currency group to fund all the Bitcoin companies. I was investing in all the Bitcoin companies. We created a fund with Max Kaiser called Bitcoin Capital. Brock Pierce created a fund called Blockchain Capital and Barry Silbert created a fund called Digital Currency Group. We were investors in pretty much everything um around that time. Um then we had the divide and conquer strategy, the block size war. Um and uh you know we were saved and the end the end result of
what happened during the block size war I believe it was a coordinated divide and conquer campaign uh where there was deliberate intervention in order to fure the community and try and get a significant influence over that. And one of the strategies was to fork Bitcoin into a new Bitcoin. Um, and that was done via Roger Ve who owns Bitcoin.com and then people thought that Bitcoin Cash was Bitcoin. Um, and then you had, you know, the the futures market determined that and we had to fight back with what's called a user activated soft fork. The moral
of the story is Bitcoin became much stronger at the end of this because we understood that while miners have power and the corporate entities and developers have Power, the users also have power by running nodes. And so what's happening right now is that we're moving to the next phase of that that battle. But we know exactly how it works. And so we know that Bitcoin became stronger, more decentralized as a result. And we know that that triad of developers, miners, and node operators is what makes Bitcoin um the most decentralized project in the world in
its totality. But there were deliberate attempts to centralize every Aspect. So if you increase the block size, you reduce the number of nodes. So you can centralize the number of nodes. That was the big block um argument. Uh in terms of the miners, you can attack the different ASIC um manufacturers um and you can invest in those companies. We're seeing that now with all the public companies as well and you can attack that side and the developer side. You can create new companies um centralize a bunch of developers into a Company, create a foundation, bankrupt
a foundation. And what ended up happening is that um the university MIT created a digital currency initiative. That digital currency initiative received some funding via a proxy of Jeffrey Epstein. >> Yeah. >> Um and so Gavin Andre was one of the developers that received funding via DCI. So we can see that there were attempts whether people know or not. I'm Not making any allegations, but we can certainly see who the key players are. Um you had attempts to infiltrate every side of development. Hard forks, central bank digital currencies precursors and um Jeffrey Epstein and Peter
Thiel seemed to be key players. Um and Brock Peers I think was one of the people that was providing utility to Jeffrey Epste. We we should clarify though those investments that uh Epstein made indirectly into some of these companies Were just a a tiny it was tiny compared to the amount that was being raised. It's not like anyone who invests in your company suddenly has a controlling stake in in what your company does or you know which direction it goes in which products it develops or or policy positions it takes either. Um my understanding it
was was something like 50 to 200,000 depending on which company. It wasn't I wouldn't consider that a substantial amount of funding. >> Yeah. It wasn't enough to gain influence and voting rights. But this is normally you know this is a a strategy that's used by Silicon Valley. It's a feeder fund and you you try and gain more influence. eventually you turn them into a public company and then you have you know uh voting right and significantly more influence when they need more funding in the future. >> Yeah. I mean, Coinbase, >> I've seen I've seen
some people make Sort of connections where a relatively small financial transaction through an investment, sometimes through an intermediary, and then they say, "Oh, such and such owns this company, therefore the guilt by association is that whatever this person stands for, in this instance, it's Ebstein." That then the the associated company that received that small investment is suddenly guilty by association. But it just doesn't work that way. I mean it's Not like a you know a drop of um salt water contaminates everything right in in a freshwater bucket. It it just doesn't work that way. >>
Yeah. There there's way more nuance like um you know than the than the headline. Um within a corporate governance structure you have executives. Executives work for the board. The board are appointed by shareholders. Um, and the more shares you have, the more influence you have in influencing the Board and therefore the executives, >> you know. Then you have funds which work off a limited partner structure, you know, so there'll be lots of other investors in there or potentially 100, you know, depending on how it's structured. Um, and so you've got, you know, uh, a fund
investing in a company. >> They will have a governance structure. There'll be a governance structure here. Um, and as the company gets bigger and bigger and bigger, you know, that would Be diluted further and further depending on if they continue to invest. Blockstream said, and I'm just talking what they said. They said they devested him >> um later. >> I saw that Adam posted that in response. >> But the one thing Adam hasn't talked about was um that there was a scheduling that said that he visited Jeffrey Epste in the island. Um, and he hasn't
responded to that. M >> um he did talk about the funding of Blockstream and now he's launching a Bitcoin treasury company and he pitch and he pushes Bitcoin treasuries. He's taken a deliberate stance on one side of the the the spam debate that's happening right now. He pushes stable coins. Um and I think he's put a bunch of Bitcoin. So look, just take that information as you were. The most important point here is that the reason I really like where we're going right Now is because we're developing competing implementations of nodes technology to make Bitcoin
mining pools more decentralized where you can change the parameters. All of that is really good stuff. And we've already seen that we've had developers that that have given up commit access as a result of pressure from the community. These are really positive developments. >> Hang on. Have they Have they given up commit access or have They just walked away from Bitcoin development in totality? >> Gloria is one of those people. She walked away. She doesn't have commit access anymore. >> Okay. Well, if you campaigned for that, right? So, I' I've seen the commentary um on
on Twitter. You might you might consider that a success. On the flip side of that, um, you know, are we pushing away people who, um, who may have done some good work and perhaps Deterring other people from ever even trying. >> I think the very fact that we're having this debate is what Bitcoin is meant to be. >> It's a decentralized boardroom. Your opinion matters. And actually, at the end of the day, the only people that matter, and this is the the the key message, the only people that matter right now are the node operators.
if you're an individual person. So what I Encourage everyone that this is really healthy. If you want to vote in this debate, you need to be have Bitcoin in self- custody and you need to be running a node and you need to be, you know, verifying your own transactions and and running a full implementation of uh backup of the blockchain. Well, my my understanding of the whole thing, I try to stay away from these political debates, but my understanding is that what's motivated a good deal of the People who um who were on the not
side of things is um they feel like that they were completely dismissed because they weren't part of the developer community and so that their opinions don't matter. And I think that riled up a lot of people. >> I agree. And I think it's a genuine debate. There's a lot of there's a lot of narrative around um I do think that core have made some bad decisions >> as a result of the community kind of Thinking let's leave them to it right now we went through a phase where most people were really focused on treasury companies
ETFs institutional and we forgot to focus on what's happening on the developer side >> and we I think we went so far off that the core made some decisions um that many people considered bad decisions in terms of the last few um upgrades. >> Mhm. >> And there were things that one could consider as bad faith or good faith depending on your understanding of how they did it. Now, this brought right back to the surface, okay, we need to focus on what's important, keeping Bitcoin decentralized, pressure on core, competing implementations, um, being able to set
parameters. And I think Bitcoin's a whole lot stronger as a result of this. >> And we also have a new attack vector That we need to test. um which is what happens when you have a minority that want to do a soft fork and is it activated by miners and is there a resistance from the node operators and we get to learn more and then what is the reaction to that um they're trying to get a minor activated soft fork that can then be a user activated soft fork. um we need to have that attack
because if that attack exists within the what I consider the good actors in the Community it will be implemented by a bad actor whether it's a Jane Street or a Black Rockck or a JP Morgan at some point. >> Mhm. >> So um we go through that next battle. Uh we learn what happens. It's an open source boardroom and uh people need to run nodes and self- custody and they need to understand a bit more about Bitcoin. We've had developers that have left. That's good. But the most Important thing is this is an open- source
boardroom and this is incredibly healthy and it's made Bitcoin stronger. >> Well, that's what I I thought that people sense that um they weren't part of that discussion in the dismissive nature of u I guess some people around core. >> Yeah, absolutely. >> The dismissive nature in which they dealt with that feedback was like well you you haven't committed anything so [ __ ] off. >> Yeah. And the one thing I learned as well was that I didn't realize how many changes had happened in core developers like um but then it got me back looking
at GitHub and saying who who are the who who has commit access now right these people are radically different what is their ideology what do we know about them >> um and so to me it reignited like um making sure that we're looking at you Know as as a hardcore Bitcoiner it it's up to us Right. The easy Bitcoiners, the the vast majority is just going to be left to Bitcoin ETFs and all that stuff. >> Mhm. >> But we need a core community, pardon the pun, cure that are really holding developers account, engaging in
this, running nodes and holding it in self-custody. Yeah. >> Because if we don't have that, Bitcoin, Bitcoin's pointless, >> you know, we need to hold Wall Street to account >> and we need to maintain that. Um and and that that energy has come back. Um, and it was because of controversies. Um, you know, and and decision- making. Are we turning Bitcoin into Ethereum? >> You know, people are like, "Hold on, what's going on here?" >> Um, you know, what's what's the second and third degree impact there? And and Then that turns into a narrative war
and then people start throwing daggers at each other um and misrepresent things and then people start questioning, is he compromised? Is he an agent? And then people start looking into everyone's background and maybe there's something that that comes there. Um so so all of this is it's painful to watch because it's so against human nature um but it's what makes Bitcoin Bitcoin and um and and it's a very positive development. >> So Glor Gloria Xiao the core dev that we we were talking about a moment ago she said that she's not particularly interested in the
political or economic ideology behind Bitcoin. She was interested in it from a technological point of view and that's what motivated her to do or commit commit herself to do all the work in Bitcoin. What's wrong with that? >> Um, well, people just built perceptions that she was optimizing for turning Bitcoin into Ethereum and then they started to look at her character and they started to make ideological assessments around wokeness or you know things like this and then personality comes into the equation. >> Mhm. Um, and you know, and and then you have narrative on on
on X and Twitter. Um, and then we had some actions that were very very questionable in terms of, you know, um, blowing up the operator Turn. I don't want to go into that. There's not too much. Um, and um, and then people ask whether it's good faith or bad faith and is this future vision and are we turning Bitcoin into Ethereum, you know? Um and and people thought that core was doing that and then they needed to explain themselves and they need to say well spam is happening on Bitcoin anyway and we think it should
go in a trash can rather than this way. There was connections from my Perspective Peter Todd has a background which I think is personally questionable in terms of his connections to um compromise and email leaks and history >> specifically. Um, so if you remember there was a bunch of email links and there was someone called John Dylan that was an agent connected to the CIA and they had a whole communication back and forth around him doing work for John Dylan. Um, Amir Taki said that um, Peter Todd he thinks he was compromised. Um, and uh,
and um, you know, so there's there's people that have questions. Personally, as a personality, I don't like Zionists that push for nuclear weapons. I don't think that's aligned. And blowing up countries. Um, and so to me, I have some problem with that. Um, and also he's pushed out that uh he'd like to increase the number of Bitcoin, which is obviously we know something that would never happen. Um, so so people question, you know, these um These decisions. Um and Peter Todd had a you know they had relationships across these developers and then people started to
question is there is there compromise here um and she made the decision that either because of the pressure or or something she wanted to leave. Um but it also is good it's very good to rotate people you know we need to demonstrate that there's no key person risk here. >> Mhm. And so if it turns out that people Can leave, people can go and there is a process and pressures applied um I that's very healthy like we we can't have any key person risk in Bitcoin development. We we started off um just this part of
the conversation talking about the Epstein um association FUD and I just want to tie the knot on that thread before we move on. Um, as far as I can tell, it was really just some minor investments in a couple of rounds of funding for for a number of Companies, but he never really had any kind of influence over the operation of those companies, the appointment of people, any kind of policy influence at all. It was it seemed to me like an attempt to get involved in Bitcoin that was rather unsuccessful. >> Yeah. He wanted to
try and get involved in Bitcoin. He wanted to make money as an investor. he probably wanted to use Bitcoin. So my my overarching theory is that if you look at Len Sasserman, who I Think was one of the people that was Satoshi Nakamoto, um I think that Bitcoin was a offshoot of Digicash. Um and that was shut down because the bank shut it down and they didn't want privacy. Um and uh therefore we had this next iteration and Len Sassimon at Netherlands at a university in Netherlands worked under David Ch. I think they open source
Bitcoin and it was an offshoot of intelligence. Uh but it wasn't meant to be open sourced. That was a resistance against what they were trying to create. And why they were trying to create it is because I believe that now we're hitting the phase clarity act and genius act where effectively this was meant to be a gateway drug for a central bank digital currency >> to get the world on this digital rails to create programmable money and a surveillance state and universal basic Income. Um I think that there was a higher level financial operation. I
think Bitcoin came from it. I think it was open- sourced and then I think there was lots of attempts to infiltrate every area of the open- source part of it which ended up making Bitcoin stronger. Um, and none of them succeeded and no one controls every element of it. And so I think Peter Thiel was part of uh a bad actor operation um in a divide and conquer operation. Um I think I think >> just break that down for us because Peter Tal is an really interesting character. He has a lot of government contact. He's
very close to government. He's one of the founding investors in Palunteer, which we know is a a government contractor that's embedded from a uh I guess intelligent surveillance uh point of view. They say that they they do big data, but um you know, it's come to light how their application is being used to actually uh Kill people and now their CEO openly says that's that's the feature of their product to keep the nation safe, so to speak. So let's just break down what what his involvement is cuz primarily he's a venture capital investor in technology
space. >> So Peter Thiel I believe was um compromised into utilizing Silicon Valley into the types of networks that Jeffrey Epstein's involved in. If you look across Um the PayPal mafia as it were, the three important characters that have emerged is Elon Musk, David Saxs, and Peter Thiel. Now, let's have a look at what they're doing. So Elon Musk um was DARPA funded which is defense contractor infunded um relies upon Pentagon budgets for his technology. >> Mhm. >> And has been given an incredible amount of militaryra technology that he got to Call his own and
ended up with a company called Tesla that somebody else created. And we're led to believe that he's the richest man in the world that plays video games all day, tweets on X all day, is involved in regime changes all day, and has created spaceships, um, electrical cars, bought X, which, um, he was allowed to buy because he borrowed against his net worth. Um, and, uh, basically is also creating electric houses. Just so you know, my my Tesla When I started tweeting the wrong thing, my Tesla doesn't work anymore. Um, I have a Tesla that I
can't even use anymore or open the door in. >> What? >> Yes. >> Come on. >> I have a Tesla that I can't use. >> So, when you say the wrong things now, you've been an outspoken advocate for for Palestinians. Are we talking specifically since October 7 and the Gaza massacre genocide? >> Yeah, since since that. I'm not connecting the dots and it could be completely coincidental, but I'm just putting it out there that I have a Tesla that stopped working and doesn't let me open the door anymore and it's stuck on an island and
we don't have a Tesla uh place and so I'd have to actually tow that across an island in order to try and figure it figure out how to do it. But I can't open the door anymore. >> But that's interesting. [laughter] The another data point to that and I don't know if this is I don't know how true this is. I don't know if it's a quirk of data. I don't know if it's just a bug in Google searches, but there was an article that came out last week that a bunch of people who authenticated
their IDs through X, Elon Musk's, you know, platform, Twitter. He uses an Israeli company called Authentics. Right? So, what you need to do is you've got to submit official government identification, passport, birth certificate, driver's license, that sort of thing, right? >> And um a lot of people suddenly reported that their full names were being searched in Israel, specifically Israel. Now, >> that got me curious because, you know, Bitcoin Archive is a business of mine. I'm not I'm not anonymous people you know and um I have a very unique name which is not Archie right so
Archie is what I'm what I'm known as I have a very unique birth name very and the combination of my first and last name it's it's it's one of one but there are searches of it in Israel >> and specifically That in and of itself is not of it's no particular interest, but it started with The Iran war coincidentally when I reactivated my radar hits account that suddenly started posting about the Iran war because it was of huge interest, right? It's a general news and current affairs account. So I started posting on that account and
then since that I started posting there were searches at various levels of volume from Israel only for my full name. Nobody searches for my full name. Nobody like there's zero in the rest of the world. >> Yeah. >> And so I'm thinking is that just a quirk of data? Is that what's going on there? Like how does that happen? >> Yeah. There's all sorts of things. So has has Elon Musk knowingly or unknowingly funneled the entire verified user base of Twitter into a honeypot an Israeli honeypot that has surreptitiously siphoned all those details for the
use of the Israeli Government for intelligence purposes. >> Yeah. >> Right. I'm what I mean that's a that's a real question for me now because why why would anybody be searching for my name which nobody knows by the way and why would they be searching for my name in Israel >> and remember um if you look at the Gaza rebuild plan there's an Elon Musk data center um that's being built in Gaza as part of the plan >> is that real >> that's real >> or is that just like they want to put his name
in there and Jared Kushner wants a bit of you know put some big names, get some clout around the program. >> Uh, whatever reason is that >> it's okay. >> We also know that um do you remember when the the I think it was the well obviously there was the Doge thing. >> Mhm. >> Uh you know that was a big data collection exercise. >> Well, yeah. Yeah. >> Um remember the X account department of homeland of um homeland security. As soon as do you remember Elon released the thing where it said country doiciled in
Israel? it was doicile on Israel and then they changed it to United States in the next version. >> Yeah. >> Um but if you remember if you look back at the history of Elon so firstly he is in my opinion a military contractor. Um he's given technology and he gets to privatize it for the financial industrial complex. He's fully subordinate to um finance. His net worth is dependent upon highly high leverage. And so if they want to destroy his net worth they can just use that through derivatives. they can destroy his net Worth through derivatives
overnight if they want. So he's fully subordinate to a typical captured structure. Um he also um is now um launching X uh I think it's a Tesla houses. So if you can't afford a house, $7,000 you get a fully electric house and if they want to keep you in it, lock the door just like they can lock my car. Um, he's also turning X into an everything app like WeChat, launching X money. That will probably be A stable coin, fully programmable money. Um, and X is getting closer and closer to a social credit score. Look
at the history. Um, if you look back at um, early Elon Musk comments around Hamas and various other things. He used to say, "Look, you know, if you kill Palestinians, you're probably going to end up with 10 times more Israelis killed or something to that effect." No, he said what you're doing is you'll get the blowback because you're going to Motivate the their remaining friends and families to seek revenge as a result of that. That was the gist of what he was saying. >> Yeah. So he was talking like a normal person, right? >> Mhm.
>> With a normal opinion. Uh then uh he did a he acquires X um which was fully leveraged. So the financial industrial complex gave him X >> which comes with terms and conditions >> um which is the back door needs to be used for military grade. you get the regime change with Jack Jack Dorsey. Um Jack Dorsey was complying, you know, ended up censoring Trump and then we get the regime change and then Elon creates a highly leveraged bet. Who provided the funding? Uh the financial industrial complex and Gulf sovereign wealth funds they provide all
that. >> Okay. Now I I love the way you join dots, but I have to push back on a Little bit so the conversation gets a little bit more interesting, right? I think before Elon took over Twitter and then renamed it X, um it was firmly a tool of the deep state and the Democratic Party in particular when he came in and he exposed the backend operations of that sort of joint cooperation. to censor suppress. Why would he do that if what you say is True? Then why would he expose the operations and then give
light to all of you know the the the dirty laundry of the military-industrial complex, the democratic um political machine? Why would he why would he do all of that if he was then um a tool of >> the military-industrial complex, financial industrial complex >> in my opinion cuz the model changed. Um so co all of that stuff was the Censorship model >> oppressed data cancel cancel culture then they cancelled many of the key podcasters and turned them. Um so then the podcasters suddenly became uh completely different in terms of their messaging. The large podcasters were
all turned in the council phase. They started interviewing all these ex CIA assets and and just doing propaganda for that happened. I've seen I've seen an influx of um former intelligence Operatives become podcasters or very prominent podcast guests and a couple in particular have very very big followings now on on the podcast. um platforms. >> So then Elon comes along, we get a regime change, Twitter becomes X. >> Mhm. >> Um freedom of speech platform, everyone gets excited. Censorship is over. So everyone goes over to X. Uh everyone starts talking. Oh wow, I can say
whatever I want. Then the regime Changed. There was a whole load of tweets about um Hitler and various other things and Nazism started to go wild. Mhm. >> And to this day, there is a very large community on X in every faction of extreme Nazism. Um, blame everything on the Muslims, blame everything on the Jews. Like all of those different factions have now been galvanized in into excommunities and algorithms. >> Then we had a a change, right? Do you remember there was the whole H-1B visa thing? >> Uh, everyone started going nuts. Oh. Oh, you
said you're going to be focusing on America first. That was the first split in MAGA that I sort of really took like a real massive split I think big issue. Yeah. >> And then Silicon Valley wanted to hire all the Indian companies to build all the AI to replace all the American Developers, you know. Um and and clearly, you know, that was the the first thing Elon goes nuts. >> Then the change the agenda changed. Um this was also around the time that um Elon had to go kiss the wall in Israel and go visit
Achvitz um and interview um give a softball interview to Netanyahu to spread propaganda and suddenly he you remember he had to go to Congress when Netanyahu came to visit. Everyone was clapping like seals. He looked like a Hostage. Yes, I'm going to go see Netanyahu like you know and so you know we had a complete regime change around that time as well. What did the everything change to? It changed to freedom of speech but not freedom of reach. What does that mean? That means we're going to decide what to boost, but we want you to
talk. You talk. I want to know exactly who you are. We're not going to censor you. Um, we're going to allow you to say whatever you want, but In order for us to boost you, you have to play with the rules. And the rules are this is what we want to boost. And so change your language to be more sensational, be more extravagant, be more parabolic. If you're doing genuine analysis, you don't get much. If you're being really parabolic, you get boosted. >> Um, >> so now we're building our social credit score, which is say
everything. I want to know who you are really. >> Mhm. >> We will only boost the traffic that says what we want you to say. Um, and you're going to end up with a social credit score while we launch X Money and the Everything app. And now we're going to have to do suspicious activity reports and we integrate it with Grock. And so now you got AI telling you the truth, what we want you to believe to be the truth. You've got a dumb down people that are asking Grock for everything. We're entering into a
phase where we don't know what's true and what's not with deep fakes. So we're asking Grock, what's true? Is that video real? or is that not real? Um, and uh, >> and it's not even good at telling you whether or not something is real. It's it's incredibly unreliable. I I would say it's got less than a 20% hit rate of verifying something accurately as being truthful or not. It's just horrible. And under every single post, you you see Like half a dozen to a dozen people reflexively just asking Grock. >> Yeah. >> To tell them
what's real. >> Then he flooded it with data. Epstein files, all these different controversies. is suddenly we're all talking about everything. We're exposing the deep state and we're allowed to talk about it, you know. Um suddenly we've got people that are like on the the the most extreme side of discussing Everything that you could never discuss. So now all communities are galvanized. All the canceled people came back. Alex Jones is back. Candace Ow's allowed to talk about Zionism. Tucker Carlson is anti-Israel all of a sudden. um you know his intelligence connections as well. um you
know and and suddenly Nick Fuentes is uncancled and so you get all of the most you know all of these different things and they are just compartmentalizing everybody into boxes >> feeding you the extremist version of your belief and giving you freedom of speech but not freedom of reach while they go into an everything app and and once you're a financial services provider you have to report suspicious activity reports based upon your understanding of a you're not going to if you've got all the social data and the financial services platform and somebody's talking about the
extremist of things then only AI could pick that up. So AI is going to be filing the suspicious activity reports. This is going to then build the data that determines whether you can borrow and it's going to be integrated into your car that can be switched off, your house that can be closed and all the back end of the data and the KYC is using Israeli companies um which was a switch that they made around the time of the regime change. >> Uh and then Netanyahu starts bragging About how you know uh we got Tik
Tok and we got X. Elon is what did he do? He did he was involved in the regime change operation in Venezuela. He started pushing Tommy Robinson to create civil unrest in the UK. He did the same in Brazil. And so now he is a tool of 100% the deep state. That's just Elon Musk. >> But hang on, we're talking about a transformation here, right? But why do you think that transformation happened at a particular point? >> Well, I think they realize that the censorship model is breaking. We're now moving to AI and we need
data. >> Okay. But but I'm I'm specifically talking about um because we started on Elon Musk, right? You said at one point he was talking like a normal person based on uh you know I think he was talking about October 7th. It might have been in the in the early months after that. Um, and then You you laid out this kind of transformation where he's a you're saying that he's enacting the agenda of uh the military industrial complex and the deep state, right? >> I think he's what what happened what do you think happened that
brought about a change? >> I think he was there from day one. >> I think the PayPal mafia were the chosen people. So you had Elon Musk that was effectively the the data >> transition to this carbon credit world and and electricity grids and AI and all that stuff. >> Then you had David Saxs uh he was appointed by the Trump administration to do stable coins and AI genius act clarity act all that type of stuff. By the way, these are all guys that knew each other from South Africa, then came to PayPal, created the
PayPal mafia, somehow defied the banking system, um, and ended up rich and investing in Silicon Valley stuff or creating the next wave of military technologies. And then you had Peter Thiel. And Peter Thiel ended up creating Palunteer, which is the military AI play. Um, Palunteer did uh genocide as a service in Gaza, occupation as a service in West Bank, um, militarygrade drone technology in Ukraine, um, crowd control for the annual Haj pilgrimage in Saudi Arabia. um the Department of Defense and pre-rime beta tests in the UK uh for Arresting people based upon social media posts,
NHS data, health data, Doge data uh which was integrating all different departments of the US into one um database. Um they're doing border control in America, integrated with ICE, um in terms of helping ICE pick who the immigrants are. Um integration with the privatized prison, sorry, the the privatized prison sector in America and the national prison sector in El Salvador. Education in El Salvador. Um We're doing we got Palunteer and X with all of these ones. you know, all of all of these different uh all of the European civil unrest campaigns. Um they're all getting
contracts with Balente. Um so now you've got social credit scores, stable coins, AI, the transition of the West into its box, the Western Hemisphere. The military can't make profits after they do their final operations that we're witnessing right now. So, they need to make up for lost profits at home. And they've got their agents that are fully subordinate to the financial industrial complex to make up for military profits in the Western Hemisphere. So, they're bringing all the tactics that they did around the global south and bringing them back home. And that requires um extreme the
extremist Version of you that hates people um and uh and so you all get angry at each other. Um so that you can have your what they're building in Gaza, >> a 15-minute technocratic, you know, freedom city they're calling it in America, smart city they're calling it in other places. Um and you need something extreme to happen in order to make people scared. So, what do you what do you make of their CEO, Alex Karp, who's Mr. urine fentinel laced Urine drone that he wants to deploy onto journalists? >> He's your typical psychopathic um fake
entrepreneur that serves an agenda and works in compromised circles that is addicted to drugs and all sorts of activities because what he has to do in life. Do you think he's on something on his interviews? He just seems he has this hyperactive nature that just does not seem normal to me. >> Yeah, I mean he he looks like he's on Cocaine. That's how I interpret it, [clears throat] you know. Um the these are the these are the psychopathic people that are given military grade technology. This is the transnational private sector that's controlled by the financial
industrial complex and they can regime change any entrepreneur if they get out of line. They've got board seats on 20,000 companies at Black Rockck now. Um and uh this whole thing that we think is called Capitalism in the west is fully captured. Um and governments are completely subordinate to it. They've captured the Senate. They've captured the Congress. They've blackmailed the judicial. >> They've captured all the corporate interests. And your gateway drug is via Silicon Valley into private equity and venture capital into public company into corporate debt into if you are compromised all the way up
then you need To hang out with the other 1,000 Jeffrey Epsteines that exist out there. >> And the higher you want to go, if you want Donald Trump's role, you have to be fully subordinate and fully compromised. Um, and uh, you know, Trump came from the Roy Cones, Charles Kushner, blackmail rings. Uh, he made his money in New York, um, hanging around with mob members like Steve Wickoff, um, and other real estate tycoons. And these are the people running our country, our Countries that are running the West, and they're losing. And the financial industrial complex
is saying, "Hey, let's get as let's scrape as many assets as we can out of the West." And uh now we need to um you know we need to reset the order. And so that brings us to the armor war.