[Music] welcome back to the show everyone I'm really excited to host Whitney web once again Whitney you are probably my most popular guest everyone requests you you do fantastic investigative work so thanks so much for joining me again thanks yeah my pleasure to be back let's start out with the election because I feel like that's on the Forefront of everyone's Minds um I feel like some Polls are saying one person's ahead another um says the complete opposite but one thing I love that you've said on my show before is no one's going to come in
and save us we really have to take personal responsibility we have to um become sovereign over our decisions and our finances so can I just get your take on the election we've seen a lot of changes in the last couple of months and things feel like they're getting crazier and crazier leading up to November yeah Well I think as far as this particular election goes things are going to get crazier as we get closer to to November and you know I think that's sort of by designed to sort of try and get people uh Americans
really engaged with electoral politics again because I think most people have been really burnout and really disolution with both parties and I think I think you're going to continue to see both parties attempt to ener energize their bases by very perhaps Unconventional means um or you know doing stuff that maybe they haven't done before um uh but you know either way I think you know regardless of who wins you know ultimately a lot of the same uh people are going to get what they want because at the end of the day so much of the
stuff that uh the American people people are tired of are really bipartisan agendas right and you know regardless of who's in office you know when there's a crisis the same people Tend to be called upon to solve the crisis so you know a good example of that would be the 2008 economic crisis you know Black Rock was basically sent in to help handle the the banker bailouts and then uh during when Trump was in office you know Black Rock was brought in uh to essentially design the covid uh fiscal policy uh which they're ramifications of
with which we're still dealing with you know that's just one example but you know there's so much Whether it's uh funding Wars or funding you know you know the state of Israel for example um with billions of us tax dollars and things like that there tends to be bipartisan consensus about a lot of things um but I think you know there's an effort to sort of frame this as an election that's not that um and you know each group in their particular you know partisan silos you know think their candidate is going to uh be
the answer and magically uh reverse all of This stuff but unfortunately you know both are essentially um you know bankrolled by um you know major forces in Silicon Valley specifically and a lot of those Silicon Valley oligarchs tend to double as contractors to both the military um and also intelligence communities um and so you know maybe you'll have uh sort of the PayPal Mafia crowd behind Trump this time maybe because of JD Vance but he's got you know David Sachs and Elon Musk and People like that in his corner and even though Peter teal is
being quite quiet uh there seems to be some overlap there as well which we can get into later and then of course in the Cala side you have people like uh Reed Hoffman and Eric Schmidt um you know who are also uh share a lot of overlap with the oligarchs on the other side like Eric Schmidt and Peter teal sit on the steering committee of the Bilderberg conference which is kind of notorious For being a closed door uh meeting of a prominent you know globalist in in the corporate world and in the public sector you
know um and uh Reed Hoffman and David Sachs and Elon Musk are all part of the so-called PayPal mafia they just happen to fund different parties and all of these oligarchs at the end of the day though they frame the reasoning for why they want these policies differently uh they agree about more biometric surveillance they agree about digital ID And they ultimately agree about programmable surveill currency whether it's a cbdc or a private bank digital currency that's also Sur avilable and programmable so um you know if you're against those things as policies it's important to
pay attention to the policies and not so much the campaign uh rhetoric because people tend to forget um you know during a campaign season that campaigns are essentially sales pitches and very few people um when they Campaign actually keep their campaign promises once in office uh you know one example would be you know Trump uh back in 2016 in 2015 uh campaigning that he was going to reinstate glass eagle and then when he was actually an office office allowed Banks to be deregulated even further um and of course there's plenty of examples for that for
the Democrats as well um Obama being you know a really glaring one with you know being against the big Banks during the 2008 economic crisis and then having his entire cabinet essentially essentially being chosen by City group right which arguably caused the crisis and had glass deagle repealed to facilitate its its merger uh in the late 90s so I mean uh this is kind of stuff that um you know people forget and kind of makes me unpopular for bringing it up I mean some people don't uh like to hear this stuff during election season because
people get really emotionally invested in Particular candidates but getting emotionally invested in candidates is not my job uh my job is to remind people of uh these uh the policy records of the candidates that are running and the ramifications of of the policies that they're suggesting on the campaign Trail and so in the case of both Trump and I guess Cala who's going to just be an extension of the Biden Administration these people have been in office before and we can compare what they said on the Campaign Trail to what they actually did before and
I think it's important to do that so people don't get burned this time at least not as badly assuming that you know things are going to be different this time and getting really emotionally invested in that outcome and then have that not be the outcome you know I think generally when politicians do not keep their campaign promises and you know we should pay attention to what they did when they were in office more Than what they've said in the past on the campaign Trail um at the end of the day so you know maybe that
doesn't make me popular in in some circles uh but I do tend to dunk on both parties um but you know invariably what happens in election season is if you dunk on one candidate uh they'll be they'll just assume you support the other uh so I have people thinking you know I I support both Trump and Calo and I don't support either at all um and my position For a long time has been that both parties have uh been essentially run by um you know organized crime for decades probably a close to a 100 years
in the case of the Democrats so um you know I'm not really interested in playing those games but you know a lot of people have difficulty breaking from um you know those cultural structures really that you know people have been so used to going through every four years pretty much you know their entire lives so coin Stories is proudly brought to you by bit dear a global leader in disruptive technology for Bitcoin mining and AI as a publicly traded leader biter boasts a massive 900 megawatt of operational Data Center capacity and an additional 1.1 gaw
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more at bit dear.com and explore how they are Pioneering the future today no I totally get it I mean we've become so polarized um I used to never really question what what politics does someone represent or how did someone vote and whether that would affect my my ability to be friends with them but today it seems like it's creating Strife even among family members and neighbors and friends which is so crazy how like Co yeah we've like placed ourselves in teams um but that actually makes me think of a a question For you related to
bitcoin because a lot of people want to vote orange they they really just want to pick the candidate that is going to be most friendly to bitcoin and I know you've done a lot of research and work in this area um because when we went to the Bitcoin conference we did see a lot of conservative figures Trump came out and said he's going to be for Bitcoin and embrace it um we had RFK junor since last year saying he has policies that Are going to be Pro Bitcoin and then the Biden and KLA Administration they've
been the the most hostile um I think some people are trying to open up communication lines but they haven't been going that well can you offer your take on specifically related to bitcoin the people that are passionate about Financial Freedom and the candidates that we have to select from yeah well I think it's pretty obvious that uh it's the conservative Camp really only aside From you know RFK being an independent other interest said in really appealing to uh the Bitcoin base at all as it as it relates to electoral politics and they've done so um
very successfully but I think again um what you're seeing here is sort of what we saw uh over the course of the past year was sort of Wall Street warming up to bitcoin um and what we're seeing that it's just another extension of the establishment coing up to bitcoin I guess so I guess you could Frame uh you know Larry Finks about face and and and all of that um as sort of the private sector establishment turnaround and this is sort of the public sector establishment turnaround um but as far as it relates to Financial
Freedom I don't think the policies um expressed by uh you know Trump or at least what Trump expressed or hinted at in his speech because he didn't you know as far as RFK went he was more deliberate about what his policies Specific um and Trump was a little more vague but based on what you know Trump said talking about sort of yoking Bitcoin and the dollar together and using that to expand the Dollar's power in hegemony globally and then also bringing in stable coins which of course would be in this case dollar denominated stable coins
into the play uh we have to uh consider what that means if the reason we're voting for it is to ensure that Bitcoin will be used to propagate Financial Freedom globally so you know if you're of the opinion that you want uh Bitcoin to be you know hyperbitcoinization to come at all cost even if that means it not being a tool for Financial Freedom anymore or it being used by intelligence agencies to surveil people or uh by Wall Street to you know do do their thing um you know then maybe it's fine but if you're
of the idea that you know I want uh Bitcoin to be empowered to um end IR Irresponsible fiscal policy at the national level and want it to ensure Financial Freedom for everybody then I don't think Trump's policies necessarily St spell that out unfortunately um and part of that has to do with the whole stable coin play um so Trump has been very openly um against Central Bank digital currencies but the problem with stable coins uh particularly the big ones um is that they're just as programmable and Surveill as cbdcs could be so most people are
against cbdcs because of the programmability aspect and how and the surveil ability aspect being able to trace and surveil every dollar you spend um and you know stable coins can offer that as well because most of them are uh you know built uh they're like erc20 uh tokens right at the end of the day and have that programmability functionality and some you know stable coin issuers that are prominent like Circle uh openly talk about the programmability aspects of their stable coin and you know they're in a very uh deep uh alliance with Black Rock Circle
particularly and tether itself um has made an alliance with the FBI and the Secret Service and you know other aspects of the US government to freeze wallets at the behest of the US government thereby making tether sort of a a soft extension of of US foreign and fiscal policy abroad as it relates to Sanctions and other things some of which the US of course in the past has used to facilitate regime change operations and other things not necessarily stop terrorism um as they are inclined to say so it's important to keep that in mind um
and you know if you're allowing intelligence agencies with the FBI technically is you know to be on boarded on t stable coin you know it's really not a private sector thing it's a public private partnership um and public Private partnership is the model that the US and really most of the world essentially uh uh favors and so you know I think these uh stable coins offer that same kind of threat to Financial Freedom um or you know easily could um were things to uh develop that way and so you know if programmability and surveill ability
is the threat to Financial Freedom um then we should uh not support that right um and instead look for ways to build uh you know Ro Robust privacy tools on the base layer of Bitcoin maybe and and try and make it something that's uh transactable as opposed to this idea of having it be uh in a a storage a te technology for asset storage as as Larry thinkink says and and something no one spends and people just hold um which is you know what you know Larry fin wants and also you know the way Bitcoin
would be used utilized in in the framework that was laid out in In the Trump speech at the conference um so I want to dig into um stable coins and dollar hegemony a little bit more because I heard you and Mark Goodwin um your co-author of one of the investigations on the what Bitcoin did podcast and I'm not sure if it was you or Mark but talking about the idea of the dollar hyperin lating into Bitcoin almost and I was wondering if you could kind of break down the mechanics because I know a lot of
my viewers or listeners Will be familiar with the fact that the dollar is in trouble maybe not in the in the near term because these things take a while to play out but countries are dollariz there is less of an incentive to hold us treasuries because we just keep printing um now stable coins are providing new demand for these treasuries which would potentially extend record demand really yeah which could extend dollar dominance but like how what is this plan that you sort of See in place this strategy so that the dollar Remains the the global
Reserve Curr but there is that Bitcoin component to it yeah well I mean if you consider what fiscal the fiscal policy has been with respect to the dollar you know since the creation of the Federal Reserve the purchasing power of the dollar has just you know been demolished over the course of the past 100 plus years um so in order to sort of um get away from that you know viewing Bitcoin Is really the only means of Digital Credit if you're going to digit make you know digital dollars if you're able to yoke digital dollars
to that and use it as a sync for hyper inflation um you know that seems to be sort of the the idea here and obviously the person that can speak best to this is Mark who wrote the book on the the Bitcoin dollar um as he calls it um and I would really recommend anyone more interested in that to either look up his interview or read His book because he's obviously a lot more qualified to talk about that um than I am but I think ultimately at the end of the day um if that system
is to come to fruition it has major implications for um why a lot of people got into bit point in the first place which is to stop irresponsible Central Bank policy and irresponsible US Government fiscal policy and uh you know the debt burden and all of that because it doesn't provide any incentive uh for Them to stop hyper inflating essentially um or printing de uh you know creating more debt and all of that they just view um you know it seem The View seems to be that they could just use it as a as a
sync for for the debt so um you know I don't necessarily think that's uh the big win that maybe some people are framing it as and I also don't see you know necessarily perpetuating the hegemony of the dollar or Fiat in general as necessarily a good thing Because you know um it's just sort of a symptom of the debt-based monetary policy that the world has had for a few hundred years now and obviously there have been a lot of problems that have come with that um uh and I think you know as people in the
Bitcoin space have pointed out for a long time you know that really can't continue and so do we really want to use Bitcoin to perpetuate that I I you know I think that's an important question um uh to ask and I Mean obviously something has to be done about the US national debt but you know is this really the best way uh to do it and I don't know I personally think that some of the people responsible for all of the debt in government uh you know Congress uh who are most of those people are
multi-millionaires working on behalf of multi-billionaires uh maybe they should be held accountable for some of the national debt stuff and not just be like oh we can use Bitcoin as our play Thing to sort of get out of um all the IR responsible decisions we've made for the past you know 100 years plus I I I know that you do see potential for Bitcoin and it is an opportunity if we go in the right direction right if if individuals take it seriously to self- custody and all of that so um how do you see maybe
in a positive way Bitcoin holding the government more accountable or helping us move to a a standard that is a little Bit more fair and based on something that no one can manipulate or control or do really worry that you know the forces and power are going to make it such that privacy is is pretty much impossible and everyone needs to custody with these centralized custodians so that they can kind of surveil and track your Bitcoin like do you think that these forces are just going to clash and one's more powerful than other because we
have the numbers right we're the people But yeah well I think the system they're setting up I mean the goal is to have the US dollar Bitcoin and stable coins all be part of the same ecosystem and you see you know um you know prominent Bitcoin Banks as it were like zapo you know marketing that they're the bridge between those three things because the goal is to have those three things um you know I'll be part of the same system as was essentially outlined uh by Trump speech as it relates to bitcoin I think That
is not the answer I think you know if if Bitcoin is the sound money it should be what is transactable between people and uh and that robust privacy tools need to be built upon it because if the issue is surveill ability you know I think that needs to be tackled there and I think you know based on how this whole system's been described the retail facing part of it would be the stable coins and that people would just be holding but never Transacting with their Bitcoin um but you know there has to be consensus for
that and it seems like the establishment consensus and there's a lot of people you know in the Bitcoin space that are just you know very caught up in the Electoral politics and the emotions of it and and feeling validated uh for what you know the industry they've been in for several years it's obviously um sort of um not been favored by The Establishment you know some people are Maybe thinking oh um you know since the establish is favoring this let's cheer it on but is it really the best system for everybody and is it the
best for Financial Freedom um and and all of that so I you know again I would urge people to uh consider you know what is it that you want Bitcoin to be used for not just well again you know there's some people that are hyperbitcoinization at all cost doesn't matter if we totally abandoned the original ethos behind Bitcoin and Getting there um and I think there definitely are a significant amount of those people but I don't agree with that I think the ethos is very important I think Bitcoin is unique and it's really the only
opportunity like this we're likely to have at least in this uh you know important window of time and you know people need to decide if they're going to um use it to fight for those things or if they're going to acquas to the system that's being set up and is Going to be pushed on people most likely through regulation and executive orders and it's very likely that in the next two years whoever wins in November is going to be president during an unprecedented US Government debt crisis and this is you know if you already see
it in Trump's policy if he's in office this is the system he's going to propose as the solution and when there is a crisis and the situ the solution is proposed a lot of people because it's a Crisis and are demanding a rapid resolution to that crisis they don't think about what's best um in the long term necessarily they're just looking for something to solve the immediate crisis um and so I think this is sort of hinting at what we're going to see but again I would can uh urge people to go back to what
uh Trump did when he was in office during the covid crisis and the fiscal policy that his Treasury Department uh presided over uh which was Uh very bad and very criminal um and I you know um for people that aren't familiar I would encourage them to look up the work of John Titus um about the going direct reset where essentially before there was a financial crisis related to covid um in late 2019 uh black rock created this plan that it was that pitched to it pitched to the central bankers at the Jackson hall meeting in
2019 about going direct and basically the idea was during the next Crisis let's QE again but instead of giving the QE money to public entities let's give it straight to the private Banks um and uh that's essentially what happened and one of the people that received those funds those emergency funds that were meant for Main Street was Black Rock and they used it to buy shares in their own ETFs instead of bailing out the people whose governments or sorry whose businesses uh were forced to close as part of government policy And so really uh this
is um one of the key reasons why you saw an unprecedented wealth transfer happen during covid and this plan wasn't implemented as soon as Co started they actually started when the repo Market started to go Haywire at the end of 2019 and use Co the excuse to ramp it up so you know Larry Fin's involvement in that and also his involvement in the 2008 financial crisis for example these same people at Wall Street um when there's a crisis affect These M massive wealth transfers that take you know money from regular Americans to the very top
who are now richer than ever especially after covid and you know regardless of who wins in November when this debt crisis comes home to roost that's what's going to happen and I think they're going to use that as well to saddle the American people with surveyable programmable money um maybe it's more if Kamala gets in it'll be a cbdc um and but it seems Quite clear that if Trump gets in it will be a you know a private bank digital currency or um you know some of these Private Bank issued stable coins or tokenized deposits
and things like that which again are just as surveil and programmable as stable coins and maybe it will be framed as a win but a win for what really you know um again I'm not super optimistic about that but again I mean I my view is that the government is essentially run by you know organized Crime and intelligence agencies that have fused uh what they do and it's been very profitable uh for them and they're going to continue to do that and pull the strings of both parties and when there's a crisis this is invariably
uh what happens and there's plenty of historical precedents to look at as as far as um you know the the economics of it are concerned yeah well the wealth concentration you highlighted I feel like that's one of the things that Ultimately thankfully led me to bitcoin cuz I was getting so frustrated and disillusioned and I didn't I didn't know who to blame and it was when I started to peer into how the financial system actually worked that I was like oh this is the root problem it's politics and the polarization are all symptoms that are
coming from it but at the root of it really just manipulated money broken incentives um and and Corruption at the at the core so I felt a lot of Hope in Bitcoin and I want to tug on something that you said because um one thing that I I'm trying to do actually as well and I see some of the other public figures in Bitcoin doing this is when you when you go full force combating you know maybe the people in power or powerful corporations you're not you don't you don't get very far um right and
so I think of a quote from the 80s Frederick Hayak The Economist who didn't you know Bitcoin wasn't around but he said Something about like the only way that we're going to fix the problem of government and money is if we introduce something in a Sly roundabout way that they pretty much cannot stop and I think a lot of people have hoped that that is what Bitcoin is that it's a trojan horse that as long is the more that we almost present it in a way that's very friendly and it can assimilate perfectly into the
financial system you know don't worry about it yes oh yes the dollar will Remain Global Reserve currency But ultimately because of its decentralization and and Global adoption it will sort of take over and be this neutral not only um Reserve asset and all that but currency that we can exchange value why do we need 160 currencies um do do you see that as being possible at all that like it could trojan horse in the solution so that we don't have to deal with all this I mean there will always be corruption but that It won't
be so easy because when you can manipulate the money it makes it a lot easier and more lucrative to do the horrible things that we see people doing well I think it depends on on what um happens with regulation and moving forward ultimately um I think it's been made very clear by the people that like it in the traditional Financial system now that they only like it if it's you know used as digital gold and not as something transactable they don't want To transact with it uh they want it to be something that's held and
again is a is for asset storage really um and that it's a digital asset that that it's never a digital currency and I think um you know we would be naive to underestimate um them you know maybe they're acting like they're on you know the team of regular bitcoiners right now but I I definitely don't think that's true um I think there's going to be a lot of efforts to centralize it as much As it can be and control the on andof ramps as much as possible um and you know uh potentially make efforts to
criminalize efforts to put privacy on bitcoin and uh I don't know I mean it honestly depends with a lot of the decisions that are made going forward um but I would definitely uh want people to be more Vigilant as opposed to being like Oh as long as these people like like Bitcoin we have won and Bitcoin will fix this and we can Sit back and relax and just wait for things to happen right um you know I think that's kind of uh H and nones and I don't think that's uh yeah I think that's exactly
what people like Larry thinkink would like us to do uh ultimately um and so if you want um it to be those things and want it to be a current and be transactable um and be able to challenge some of these efforts to centralize it And surveil it then efforts need to be you know you need to be very proactive about making that a reality yeah um no that's and pushing back against it and I think an important time to do that is now before there are regulations before the system is is in place uh
the system that the establishment would like to put in place in the the place um it wants Bitcoin to hold um you know in their in their system um obviously that's going to be a system that benefits them a lot More than it benefits the rest of us it's important to keep in mind that people like Larry Frink have very overtly said that markets don't like uh democracies they like totalitarian governments so this is a guy that is not about promoting your Financial Freedom or anyone's Financial Freedom this is someone that likes top down uh
centralized control to reduce risk in markets in which he trades and his AC uh for so he can you know make more Profit for his shareholders which are you know multi-billionaires and other people like that so um and of course Spinx in that category as well so you know to trust these people um I think would be very naive and I think um you know maybe there is hope of some sort of Trojan Horse functionality there at some point later on but not if people don't aren't thinking about that the whole time and thinking about
how they'll affect those changes um later on and Again I think it would be very naive to think that um regulation um or you know the FBI or any of these other agencies aren't going to be very um intense when it comes to how people are using Bitcoin and if they're using it the wrong way um you know you have a lot of these establishment actors partnering up with groups like chain analysis which I believe was funded by enq the CIA um you know they have a very vested interest in that and then you have
former CIA Directors like Mitchell moral who now um works for Beacon Global strategies um you know putting out pieces on on on bitcoin and things like that saying that you know it would be preferable if uh criminals used Bitcoin instead of a $100 cash bills and stuff so you know they definitely think they're going to be successfully able to uh surveil people um and again it they will be if regular bitcoiners or developers do nothing to prevent that and I think there's an Effort sort of to make people think oh look here we are we've
arrived we've won and sort of get people to uh sit back and relax and do nothing which again I think was a lot of the strategy behind the whole like q and on trust the plan thing uh while Trump didn't keep his campaign promises oh he's not keeping it because there's 5D chess happening and just sit back in in your chair and don't be active and don't hold him to account and don't demand that he keep the Campaign promises that matter to you and things like that um and uh you know again I would urge
people to be vigilant and be proactive I guess it's time for a quick break to hear these messages from my partners who make this podcast possible next up speed Bitcoin lightning wallet one of the fastest growing wallets out there speed is a secure lowcost way to send or receive Bitcoin instantly it's super simple and scores High user ratings you can even use it to Shop gift cards of your favorite Brands and earn rewards download speed using the QR code on the screen or the link in my show notes and use promo code coin stories 10
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um with massive multi-billion dollar corporations then that just goes against the whole ethos and the the principles Of Bitcoin and um I think the next decade will be a battle for privacy and the right to self- custody because that is I think that's where a lot of the issues reside and you point out in your reporting that we have to also remember that um even though this is a decentralized public Ledger that Bitcoin does rely heavily on energy companies and internet INF structure which are highly centralized right what do you want people to know about
That yeah well I think a lot of people don't think about the infrastructure play of it but it's held in in very few hands and there's a very small group of people that run you know most of the dominant uh Services we use and the infrastructure we use I mean most of the internet itself I think is you know uh the essential infrastructure of it is like 13 servers around the world um and it's actually a lot more fragile than people think and also a lot more Centralized than than people think and there's a lot
of ways um where they could um Implement unprecedented censorship of people whether that's you know financially or speechwise um if they wanted to and so there are a lot of um uh agendas as it relates to being able to use the infrastructure at all going forward um I think we've talked about before sort of the effort to um force people to adopt some sort of biometric digital ID in order to access The internet at all by going through the internet service provider again you know uh there's only a handful of those that industry is also
pretty centralized and so you know if your ability to you know access Bitcoin or run a note or anything is dependent on you know power and you're not off grid or whatever or it's dependent on an ISP and things like that yeah that's definitely something people should uh consider and I think um you know from marks and my reporting it's Really clear that the powers that be um that are interested and you know uh financially surveilling us uh to the greatest extent possible and basically surveilling us period uh to the greatest extent possible have been
thinking about these things for a very long time and as it relates to bitcoin I mean they they've been thinking about it for well over 10 years um and they' put a lot of money uh into how they're going to uh make it work for them and so we need to Again direct resources to how we're going to make it work for the people if we're going to make it work for the people yeah um when you mentioned the Deb crisis and you kind of see that a couple years out can you talk a little
bit more about that CU we've we've spoken in the past about this control demolition of the financial system that you see happening and obviously they need they need something for us to move to and um a lot of people I think at This point think oh cbdcs that's not going to be a concern at least not here in the United States because we're going to push back and we also have Bitcoin but you bring up the the stablecoin um path that that you know policy makers might want to take so how will this debt crisis
actually play out cuz one thing I've been Amazed by especially when I look at the current economic situation globally is we can just kick the can down the road and as soon as there's a Mini panic or it feels like we're about to hit a bust they just something comes in to rush in and provide liquidity or save it and all of a sudden we're fine we recover new all-time highs in the stock market um I mean how is this going to play out that we actually do hit we go over the cliff we hit
a crisis yeah so in the case of any sort of control demolition I don't think they want it to happen until they ready for it to happen and so you know they're going to wait For certain metrics to be met before it kicks off um so obviously you know like I mentioned earlier um with all the stuff around covid-19 it seems like the economy was in major trouble um before covid and if Co hadn't happened when it did we could have had an economic crisis then uh without the excuse to you know basically print trillions
of dollars as you know this is our response the lockdown and the pandemic I mean like I said it was happening before and they Found a way to make it keep rattling on for a little longer uh but they know they can't do that forever right because it's a mathematical inevitability that eventually the debt catches up with us if something different isn't done and again a lot of the solutions I think they're going to propose um are going to be things that people would not normally accept were it not a time of Crisis and so
when you have a crisis and people are really stressed out and scared um Especially if it has to do with their money or losing their money money or losing their purchasing power I think you'll see people sign on to things that they normally would not sign on to so again I think it's very likely that we're going to see uh dollar stable coins proliferate and I think part of this too is that you know the FED uh has essentially said for a few years now that it's uh it makes the most sense to do stable
coins you have a former top People in the CIA saying that stable coins make a lot more sense than a cbdc and they say that because you know digital dollars digital dollar stable coins are already here and they're already servicing the debt through their um you know Mass purchases of of treasuries right and so um you know if they were to do a cbdc project or something like that it would take them several years to develop and they they'd be behind a lot of other Countries in the world whereas if they make the switch um
to Dollar stable coins and make that the preferred currency of American consumers um then you know they sort of avoid those problems that way and still are able to obtain the surveill ability and programmability through these public private Partnerships with the private stable coin issuers uh that they would have even if it was a cbdc right so I think you know um to make that switch They can just be like well you know maybe your dollar in this uh maybe these banks failed and you think your money may be gone but we'll give you the
same amount of money that you had in your bank uh but in the form of these stable coins or something and you can redeem them here I mean pretty much most Americans I think would do that to not uh you know lose all their money instantly right and so I I think it's likely that we're going to see some sort Of situation um uh like that I mean remember back to the regional banking crisis with Silicon Valley Bank it seems very likely that a lot more of that is going to happen and I think you
could actually look at that crisis which arguably um was manufactured and made to happen and that 2008 was kind of similar in that way and those are major Bank consolidation plays and I think there's going to be an effort to consolidate the industry the banking industry even Further in the US with the next Crisis and then those banks are going to be like well here you go tokenize deposits uh redeem them this way or stable coins or you know JP Morgan's JPM coin or something like that transact with that Wells Fargo is working on one
um you know a lot of these you know the biggest banks in the US um have done that and then they'll be able to keep the two-tier banking system in the US the way it is now um but frame it is Something you know maybe different than it is we're just modernizing this and this is going to prevent these crises for happening again and maybe we'll roll in Bitcoin so that the dollar stays strong and you don't have to worry about hyperinflation um and you know I think people in considering what kind of Crisis it
is you know may really see that as the right solution but this is something that again they've been um you know developing for for quite a long Time and um I I think if people were to critically think about what a lot of This Means um they would not support it because ultimately you know a lot of the upro about CBD again was about programmability and surve surveill ability and I mean getting every American onboarded onto something that would essentially offer that um and eliminate cash overnight maybe um you know is is something that people
would again uh acques to during a crisis but Not during a non- crisis time this kind of Echoes a talk that I had with Ed Dow because he he forecast something really similar and it's crazy to see how much stable coins have grown especially some of the really big ones like Circle and tether and yet they are very opaque I mean they won't release they're not very transparent about their reserves but then you have um maybe really big Legacy money managers coming out saying oh no I've seen everything and and they Totally have all the
the dollars that back up the the stable coins but it I mean literally anyone could launch this right and say okay I have I've I've created now 500,000 stable coins and I have the $500,000 to back them up and it's one for one but how do you really know because all of this is again centralized right and and like yeah there's such a demand for the dollar around the world so it probably will I mean there will be a lot of incentive For the US government being sort of the superpower to try to take all
of these under its under its purview or under its wings so that they see everything that's happening because they don't like offshore dollars right yeah so you sort of touched on something that that I want to point out for a second because I think it's think it's really important so as this relates to demand for dollars abroad I think is very important so what you're seeing in Economies outside of the US that have major inflation issues Argentina a good example are people flocking into dollar stable coins in Argentina obviously it makes sense to do that
for regular argentines that don't want to lose their purchasing power but if you look at why Argentina is in the situation it is in now they've been the subject of economic Warfare since like the late 70s um and a lot of that was done by us intelligence working with the biggest Wall Street Banks to do that who became sort of the debt Barons and quote unquote vulture capitalists targeting Argentina and sort of resulting in a lot of this well first their economic collapse in 2001 and then everything Downstream of that and a lot of people
uh involved in that in various administrations were argentines that had worked for these Wall Street Banks like JP Morgan for example um and so you know historically what a lot of uh unscr players in the US power establishment Have tried to do um as the Latin American debt crisis has you know waxed and waned since the 1980s is uh dollarize various economies so of course this happened in El Salvador it happened in Ecuador they stop having their own currency they essentially lose their financial sovereignty and are at the whims of the Federal Reserve yeah so
if you um get everyone onto dollar stable coins you know you're essentially you know if you can do Um sort of like what Malay proposed dollariz Argentina well maybe he doesn't necessarily have to do formal dollarization like in the past anymore he can just onboard everyone onto dollar stable coins but the way it Services uh US debt and expands dollar heimy and also you know expands the the soft political power of the US because the US it's important to keep in mind um you know a couple well I think around 2008 or 2009 Wikileaks published
a leaked Military manual where they described the IMF the World Bank and various other institutions as Financial weapons of the US military um and so there's this whole idea of using you know basically these institutions which saddle countries with debt so basically using debt yeah um as a weapon and all these different Financial weapons to keep uh governments around the world in line and so if you have if you onboard them all on tther for example which is very prominent in Argentina but tther is partnered with the FBI in the Secret Service and as and
has you know Paulo uo has openly said that you know tther is going to be a worldclass partner to expand US dollar hegemony globally and uh frees the wallets of whoever you know ofac and the treasury says their wallet needs to be freezed for reasons X Y and Z regardless of what it is you know they will do so and then they'll lose their financial sovereignty as a nation but by other Means right so I think what we're seeing is a way to sort of covertly um make a new model for dollarization and um you
know I think people like uh Larry Summers I think he was on the podcast of um Jeremy air who runs Circle uh was essentially saying that this is what stable coins are doing and of course Larry Summers was Secretary of the Treasury at the end of the 90s uh when countries like Ecuador were dollarized so he intimately knows how that works And he also used to have a leading role at the World Bank and a leading role in creating the 2008 financial crisis and dealing with the uh debt explosion and uh you know uh I
guess you know pillaging of Mexico after the 1995 you know peso collapse there and all of that um and so you know this is someone that has a lot of experience and how those things work and he's you know essentially saying stable coins um dollar stable coins are proving To be this so um you know it's a way of sort of making uh you know the the tool the financial tools of Empire sort of modernizing those and sort of imposing those on other countries and lot of people frame you know stable coins as human rights
tools and look how great this is uh that people in Argentina are um are getting so into dollar stable coins but I think there's a lot of risk there and I think again uh to repeat um a lot of these Contra economies and Countries in Latin America have been expressly targeted by Wall Street that are trying to exploit and take their resources uh this is you know very common in in South America and Africa historically which are very resourcer continents yeah and there's a lot of efforts to sort of take control of those resources um
and uh you know through the Imperial model and and whatnot and um I think this is sort of a way to update that not really a way to liberate these People so um you know I think that's an important point to bring up when it comes to the stable coin play because yes it will if implemented in the US as the you know the retail facing uh medium of exchange for you know most American consumers yes there's programmably Sur avilability there but there is a definite plan to have this Go Global and have all the
countries you know dollarize a lot of countries uh focusing mainly on the global South whose Economies have been uh messed with periodically by institutions like the IMF and the World Bank that the US government openly says are Financial weapons because you know after those institutions were created the US has the dominant influence at both of those institutions no all of that stuff makes me so angry if if the people listening and watching having read check your financial privilege by Alex gladstein I really recommend it because it's Horrible what the World Bank and the IMF have
done I mean basically there are so many developing countries that will never probably develop because they've got this burden of debt on them and we essentially extract the resources and the wealth and we get richer at the expense of people all over the world that are suffering in some cases I mean physically suffering to build things that enrich Western Nations and it's it's horrifying um I'm really glad that You you shine a spotlight on it I wanted to um ask you something and now I'm forgetting my train of thought but um okay you brought up
Larry Summers who's in your book and a lot of your investigative pieces linked to like Clinton and Epstein and all of that there are a lot of these characters that keep resurfacing and in your recent um the PayPal paxos piece uh I think Peter teal also came up and in your JD Vance investigation Peter teal is someone who Really confused me because at the beginning I think a lot of bitcoiners were excited about him he talked about how great Bitcoin is he's intentionally confusing I think yeah he he went to the Bitcoin conference and talked
about how amazing Bitcoin is while he was selling the top and then now he says that Bitcoin has no future and I heard him in this in this speech basically just you know really um being offensive to the Bitcoin Community what is his deal um Because I I know he's also involved with paler which you've written about right which we know oh there's so much to say about Peter teal well so um yeah so what you referenced earlier that like a speech at the Bitcoin conference a few years ago um Not only was he selling
at the top but also like right after that he went on a panel with like then CIA director Mike Pompeo and was like bitcoin's probably a financial weapon from China To threaten the dollar I mean Peter teal is one of those guys that just um I think his P his public facing remarks are intentionally confusing that that way people can sort of point to you know specific quotes and say oh he's this oh he's that he's sort of like a public chameleon I feel like in that sense and a lot of people seem to think
that Peter teal is a Libertarian uh because he has described himself as that uh but I mean if you actually listen to a lot of the Stuff he said and also look at the things he's done um he doesn't seem like a Libertarian at all um well you know I would make the distinction that if he is a Libertarian he's a Cartel Market libertarian as opposed to a free market libertarian Peter teal um does not like free markets he does not like free market competition he says competition is bad for profits and that you should
Corner uh a market and create a monopoly and when he's done that and made Monopolies he's done it in conjunction with three-letter agencies in the US government so this is not something that someone you know a Libertarian quote unquote does and mean he says why shouldn't Libertarians work with the government and enlarge the government and all of this I mean it honestly just makes um wow very little sense frankly so I think again it's you know using a word using an identity using a label to get people to identify with him being Like Oh yeah
he's our guy he's the libertarian billionaire in Silicon Valley and all of this um yeah but if you look at how he built payal PayPal um the co-founders which you know include Peter teal and Max Levin and others um have been pretty open that at their as they were creating their business they did so in consultation with pretty much every intelligence agency that would talk to them and then PayPal of course has been partnered with Intelligence on And off um and in ways uh well in ways that are pretty significant as it relates to financial
surveillance and PayPal has also well of course Peter teal hasn't been involved with it with since the and you know since the early 2000s or so uh but then he went on to create paler which he uh did so explicitly with the involvement of the CIA um its first for the first several years of its existence palen's only client was the CIA the CIA was their First main fun alongside teal himself um and it was really uh the resurrection deliberate Resurrection uh by teal and and Alex karp of a failed DARPA public private surveillance program
called total information awareness and they went to the people that were running total inform information awareness after it was shut down by Congress and basically tried to pick their brains about how to make a private only version of this public private partnership that Was criticized by everyone even in mainstream media and pretty much every you know advocacy organization in the United States said this will eliminate uh privacy for every American and it's blatantly unconstitutional and so they just recreated it um as a private sector entity and now paler doesn't just you know do that um
for the US government they do it for Wall Street as well and there's been quotes to the effect that paler doesn't just run the intelligence Community um they also run Wall Street uh because you know they a and Predictive Analytics and all of that are are used by some of the biggest firms in Wall Street and they're also used by uh every single intelligence agency in the United States so if you're a Libertarian that want wants to make government smaller and reduce the excesses and abuses um of a government that's gotten out of control why
would you give the most out of control part of the Government the CIA uh the most powerful and damaging to Freedom weapon in its entire Arsenal uh that's been used to profile Americans for the past 20 years based off of you know know all of the data we freely put online including on social networks like Facebook which uh Peter te it wouldn't exist without Peter teal yes it's Mark Zuckerberg made it and whatever but the person that made it what it is was Peter teal because he was the first big outside investor and the Jump
from being this little goofy thing on a couple college campuses to being a global social network and he only left the board relatively recently a few years ago so oh my gosh and uh another teal funded company Clear View a I uh scraped all of the pictures for its facial recognition database off of Facebook um which again Facebook was also a resurrection of a DARPA program related to total information awareness called lifelog by the way um and so Basically you know Peter teal was privatizing all of these very controversial um surveillance programs for the intelligence
Community um and then again Clear View AI took all these all of our faces off of Facebook that we freely shared and used it to create a facial recognition database that law enforcement has and in their sales pitch they brag about um identifying people that were at the capital on January 6 2021 Trump supporters and passing at all The law enforcement and now the person probably closest to Peter teal in the world besides people like Sam Altman is JD Vance Trump's vice presidential candidate yeah that's what I was going to ask you about because essentially
Peter teal contributed to essentially making his political career right well and also his Venture Capital career uh which started at mithil Capital and then Peter teal was one of the main uh people that uh financed his his uh JD Vance's Own Venture Capital firm at naria Capital and um uh and then yes uh bankrolled his Senate uh initial Senate run and um yeah he's essentially a teal made man all the stuff that you said about data and just I mean we basically did freely put it out there and now they're using it against us and
you talked in your last piece about how data is pretty much the most liquid commodity and they can weaponize it and it's so crazy because now all that information's Already out there how do you even remove yourself um and you're right it's like no matter who you vote in you could get really passionate about politics and I loved what Ed Edward Snowden said at the conference it's like you know vote but don't join a cult but like literally how do you fix all of this I don't well you know something like paler is a really
good example of how how bipartisan that is every Administration that's in office whether it's democrat or republican Gives them more and more and more and more and more contracts you know and a lot of these other companies that are sort of in the universe of paler like and derill and clear viiew AI the same is true there as well so um you know again these are policies that are going to uh expand regardless of who's in power maybe you could debate about maybe it will advance slower with one party than the other uh but ultimately
you know it's the same agenda and a lot of That goes back to the fact that they're bankrolled uh both parties by you know differing factions I guess of Silicon Valley oligarchs but those guys agree about uh widespread Financial surveillance and you know programmable money and biometric digital ID which are sort of the foundation for a lot of the stuff and the sustainable development goals which is really you know was written by bankers and isn't really about sustainable development um it's About something else um and sort of this effort for like a you know really
a technocratic Global government um you know it it all of that rests on having digital ID and a surveill you know a digital wallet tied to it um and a lot of people in the teal verse I guess like Sam Altman you know his world coin is meant to be that it's meant to be you know both a wallet and a you know provider of biometric digital ID um and the the United Nations for example has Been beta testing that exact system for years on the most vulnerable people in the world on refugees through things
like the building box program of the world food program where refugees have to scan their eyeball and make a digital ID and have a digital wallet and they can go in and get their you know rations uh but only if they scan their eyeball they have to pay with their face otherwise they don't eat um you know they've been testing this on the most Vulnerable people on the world but it's a system that's intended for everybody ultimately so I think if we want to stop this it's not about you know maybe you can vote for
the party you think will implement it more slow slowly right but that's that's not going to defeat the policy what will defeat the policy is people opting out yeah so um if you think about you know what happened with covid like vaccine passports sort of as a trial run for digital ID um how did You avoid working with vaccine passports well you had to opt out it was kind of inconvenient you weren't allowed to go places or do things that other people with them could do and the same is going to be true with digital
ID so we had that test run Co if you want to oppose digital ID and not participate in that system and opt out which if you care about really human Freedom you should then you should think about what you will do to opt out and not yeah interact With those systems and if you don't want to use programmable surveill money whether it's from the private sector or the public sector you should think about what you will do to avoid interacting with such money and having your income surveilled um and exactly how much you think is
safe for you to interact with that system but I would argue the safest is to not interact with it at all but obviously everyone's different and there were some people during Co that had to You know do vaccine mandates or they would lose their jobs their kids couldn't eat whatever I get that but we've had you know a few years since then and this is going to happen again they're going to try and do this again it may not be under the guise of a pandemic it might be something else but it's or cyber crime
whatever um but they're going to try and impose this some way and we need to think about how to resist the policy we should focus on The polic IES we don't like and think about collectively how are we going to stop those policies um or opt out of those policies to the greatest extent we can instead of you know voting for whichever team supports those policies but maybe less so than the other guy you know I think that's a losing strategy yeah I mean so much of what you say is just common sense and we
have to fight for these freedoms otherwise they're going to be very quickly taken away from Us and we're never going to get them back and it's almost crazy to to see how many people are willing to vote out of fear or out of convenience that's what scares me I heard the term recently like what is it NPC non-player character or or something to describe people that just kind of go with um whatever whatever they're told as opposed to making up their own mind and that really scares me because um you you've done so much work
exposing the fusion between um Like big Tech these big corporations who have gotten to have become monopolies because of the broken Financial system and then the intelligent State and um and state actors who really don't have the Public's interest at heart and it's like we we really have to stand up for personal responsibility and accountability and take our future in our own hands because otherwise we're just going to be led like sheep in One Direction or another and it's funny Because when I was when I was a reporter we would um highlight in the most
positive way when there was a public private partnership usually it was like some Grand announcement ribbon cutting this is so exciting you know taxpayers and the the private Corporation getting together and now through your work I see that you really have to peel back the layers because usually there's a hidden agenda that's going to enrich some people and everyone else is going to be Hurt maybe and harmed in some way financially otherwise it happens a lot so like there was this Enron subsidiary well I think it was inran in California that got control of like
supplying water to a significant segment of California but I forget exactly where and basically they were also in in charge of disposing of the sewage and so they claimed that they were um treating the sewage by pumping it into the aquafer the water was coming from and letting it sit for Six months and then that the the the aquafer would purify it and then they'd give it to people to drink oh my God that's the kind of stuff that happens with in this crony capitalist like free-for-all Madness that the US has had for a very
long time and Enron got a lot of those contracts because of their political connections to the Bush family and things like that so you have that type of relationship in Corporate America it it where they've um you know Directly colluded or benefited from the state and this whole like revolving door phenomenon in the US for a long time um and you know our political parties are funded by these crony capitalists as well that have enriched themselves you know I I think it's important to point out that like really for a long time the US really
hasn't been a true free market no um it's really been crony capitalist it's really run by you know groups of competing cartels that agree in a lot More um than than they disagree and so a lot of times when uh these crony capitalists you know get into these contracts with the public sector and their public private Partnerships it's not it doesn't benefit the public I mean the Enron thing is like an extreme example right but there's a lot of other examples of that kind of stuff happening um you know throughout US history and throughout the
United States um to the extreme detriment of American public and Invariably when the public sector comes to try and supposedly regulate or reain it in you know they just sort of mop it up and cover it up for the benefit of of the the people with you know the big contracts so they don't get in trouble and stuff like that so you know I think people should be very tired of that and we should uh be very um interested in trying to Foster other models that you know sort of reduce the power of these cartels
not Empower them even more and Unfortunately I think you know because it's an election season these cartels are the people financing most of the main you know people running for office and you know maybe people have better rhetoric or rhetoric you align with more but rhetoric is rhetoric we should pay attention to policy actions um and and you know the policy records of the of the people running I think it's very important and again um not trying to say like don't vote or anything you know do Whatever you want on Election Day but the problem
as I see it is that a lot of people on Election Day are like as long as I vote that's all I need to do can just go back to like living my normal life and not do anything else to stop where the country is going I'm just going to vote for this one person and that's it and I think that's the problem if you want to spend election day voting for someone that you think is better do whatever you want I'm not trying to tell People what to do or who to vote for even
but what my problem is thinking that voting is all we need to do to solve the very dire problems that are facing the country right now well that's and there's you know yeah no I think that's a great place to wrap up kind of like what do you want people to know because amid this election I feel like the most important again it's like what you do in your own Community with the people in your life with your own Finances with your home like what what should people do in order to move at least their
Inner Circle in a positive direction and in in the direction of Freedom really yeah well I think a big part of it is being offline more and hanging out with people in real life and building I don't know alliances networks um things that will help make your life and your community's life more resilient when the next economic crisis comes things like that um and I think it's Important for people to take on mind exact keep in mind exactly how manipulated social media is today um because I think a lot of people don't realize it so
in in 2014 the US Air Force uh started investigating how to use social media to control people like drones uh they spent like a couple million dollars on that research uh proposal in other parts of the military and intelligence communities have researched social media for those same Ends uh and so 2014 uh sorry yeah 2014 was like 10 years ago right so a lot of this stuff has advanced and it's not only the US government that's doing it a lot of other National governments and intelligence agencies have invested a lot of money in developing sort
of these mind weapons to be deployed on social media so I think people should distrust a lot more what they see on social media whether it's likes or retweets because it's sort of similar to polling I don't Know if you remember back in 2016 where all the mainstream media Outlets said Hillary Clinton's definitely going to win like 98% chance and then she didn't win I mean the idea of that you can manipulate polls just like you can man manipulate social media posts and make people think certain opinions or certain people or certain policies are more
popular than they really are and they absolutely do that all the time um sure and considering that you know the US Military specifically invested Ed so much money in this and Twitter right now is owned by a major military contractor Elon Musk um to think that he wouldn't allow those weapons uh to be deployed on his platform I think would be very naive um so I think people really need to keep that in mind and I think um there's a deliberate effort to make it hard for people to know what's real and what's not anymore
when as it relates to being online and I think the best way uh to Deal with all of these unprecedented you know things I guess that have been developed to try and manipulate us to unprecedented degrees um is to be online maybe a little bit less and a lot of us got pushed really online especially during lockdowns in the covid era but uh maybe go outside and hang out with your like neighbors or something or do stuff that people used to do um learn the garden maybe make a community garden I don't know but I
mean there's plenty of Stuff people can do uh that doesn't involve you know uh watching the spectacle every day uh especially in ways that are you know trying to manipulate us and also um a few years ago it came out that Facebook was manipulating people's news feeds to manipulate their emotions to make them more depressed and were conducting studies and so they can tailor your newsfeed directly to you they're like this person is doing stuff we don't like We're g to you know bombard them with stuff that's going to make them miserable and depressed so
they don't do stuff or don't do this or they make this decision or they act this way they absolutely do that so I think people need to be very aware um of how that happens um and to try and sort of if you're aware coming into it it's going to affect you less but it can still affect you I mean we can all be manipulated by the stuff online uh you Know I'm no exception and I don't think anyone else is really either because they've studied human psychology so much and studied social media so much
and arguably helped make pretty much every social media uh platform that there is today and um and get all the data from it also oh for and yeah and so I think again people need to be very uh careful about how they interact with it and remember that you know the offline world the analog world is an important part of Solving a lot of the problems that we have as a society I mean it's so true oh my gosh Whitney and I I'm so guilty of it I feel like my emotions are sometimes a roller
coaster and bitcoin's price is volatile but one one day I feel like yes we're on this Mission we're going to save the world we're going to fix broken money and the next day I think oh my gosh they're going to tank the price of this somehow and they're going to just shake everyone out it's going to go down To 10K before they I don't like I one day I'm really bullish one day I'm really bearish and you're right we should just shut these devices down go outside be in the sunlight touch grass meet our meet
our neighbors just interact in person today I feel like people are terrified when the doorbell rings the other day I I just moved apartments and you know I had the doorbell ring and I was like who's who's coming here like why are they here and It was just a neighbor coming to say hello to me but I'm like why are you here you know and and I feel like two decades ago how it was oh hello you know can I bring you some you know casserole welcome you to the neighborhood we've just come to like
distrust each other and there is so much to distrust and it's like I'm I try to stay optimistic but you're right I mean well the people we should distrust the most are the billionaires because there has been a Class war going on for a very long time they have been stealing our money and pillaging resources whether you live in the US or in the global South they have been screwing all of us and so many of us trust them as the only possible I mean there's people today that say billionaires are the only thing certain
billionaires are the only thing standing between us in total tyranny no um we can take responsibility and get off our knees and stop you know Billionaire worshipping and stop tyranny if we wanted to but acting like you know the the billionaire class including people that have engaged and and helped oversee wealth transfers um you know are going to be Our Saviors I mean this whole mentality is just crazy honestly um but it's very ingrained in people um I guess we could you know argue maybe it comes from Hollywood or it comes from any number of
places but there's sort of this this tendency to um wait for Someone else to clean up the mess you know and as long as we get this right guy or this guy can do it but again we need to take personal responsibility and get our stuff in order clean up the mess in our area uh because the government isn't going to do it because historically what does the government do whether it's republican or democrat in office they take your stuff yeah they screw you over uh they let crazy cartel companies that they're partnered with Pollute
your environment um and and you know cause all these diseases or cancer whatever like Palestine East Palestine Ohio and all of this stuff and like happens right no consequences never consequences yeah yeah and you know it just sort of gets papered over and then social media and the News cycle it moves so fast that you know things get memory hold super quickly um but you know if local communities come together and are resilient and are organized then a lot Of the stuff uh can improve uh but you know expecting one or two billionaires to magically
you know wave a wand and fix everything I think is uh you know quite frankly delusional if it feels nice uh but you know there's a lot of people in quote unquote alternative media um acting like you know the answer to our Free Speech woes is just an Elon Musk even though Twitter's still censors it's not like it's stopped you know maybe they've uh Gone against some Censorship edics from the EU and other places but um it's definitely uh not as free speech as perhaps some people think but I think that's a lot of that's
from very positive PR uh from a handful of of people who uh claim that he's you know the savior of free speech and all of that um and I think that's very different than what has actually happened and I would argue that a lot of the reason you know he bought Twitter again was to um obtain user data to Train AI which if you haven't disabled it on your Twitter account every tweet you make and every everything you do on Twitter goes and feeds the grock AI and it trains off that um so you know
I mean economic incentives are very important a lot of times people say things that they're doing it for reasons X Y and Z but if you actually like follow the money which is what a lot of people used to do but don't really do as much anymore you know other motives become Quite apparent right and um you know a lot of these billionaires including uh in Silicon Valley um would not have become the billionaires they are if it wasn't for either government contracts or contracts with some of these big players in the you know the
cartel landscape of Us corporate America so a lot of these people you know became billionaires because they played ball with some of the worst people in the world Um and they continue to do so so um you know again I I guess the common theme Here is to not be naive to be vigilant um and to perhaps distrust billionaires just a little bit more and uh spend a lot more time uh you know in your local community and and with people who matter to you and thinking about how we're going to uh opt out of
these policies that everyone in politics is going to try and impose on us one way or another um and how we're going to um you know Get through that as a community because all of these things digital ID programmable surveill money it's not going to happen if people don't use them right and so they have to frame it as voluntary they have to create all these situations where we feel pressured to acques and we do acques and we need to be proactive about thinking how to not acques because if we don't acques and enough people
opt out that it fails yeah that's such a powerful and true Message thank you so so much and I think that there's a beauty in just living a simpler life to get off these platforms and again kind of focus on your family focus on the people that you love who aren't going to you know judge you by how much is in your bank account but you know they're going to they're going to cherish you for your character and I think we just need more of that in general people that are willing to to stand up
and just be good people and and Care for their loved ones in a way that I think we've started to to not care as much cuz we're so focused on ourselves and on our digital lives so such a great message Whitney it's always great to talk to you um everyone please go to unlimited hangout.com support Whitney's work the investigations that she's done recently have been phenomenal um just as always and I just really appreciate all the time that you take it's it's it's so great that you expose all of these Things and then at the
end of it you you still have this positive message of like we if we take control of our lives and our community communities we can make a difference and we can prevent the Tyranny that um that is that is pushing its way uh into our lives so thank you Whitney it's been great to talk to you thanks always great to be here thank you so much for checking out this episode of coin stories if you're listening on the fountain app you can show your support And share your thoughts by sending a boost one of last
month's top episodes was with Jeff Booth at fasen hodle boosted 2021 SATs and said Booth once again provides perspective to help see through the Matrix and a hopeful path forward the man is on to something and we need a thousand more that can communicate like him I agree I love reading and replying to your Boost so download fountain on iOS or Android today and make sure you subscribe to Coin stories this show is for entertainment and educational purposes only nothing should constitute as official investment advice and you should always do your own research my inbox
is open if you want to share feedback or guest suggestions just reach out at Nataly talking bitcoin.com make sure you're subscribed to the show and check out my free newsletter Natalie Brunell dos substack
