Power shifts dynamically, but the most powerful node on the Proof of Weapons Network currently today is BlackRock.
They tried to eliminate the word Bitcoin and replace it with blockchain.
Under the Biden administration, I think the US decided that they wanted to co-opt the network, and this time isn't to take it down.
It is to try and get your Bitcoin and hold it through Wall Street.
rather than you owning it direct in self-custody.
I've been in Bitcoin.
I spoke at the first Bitcoin conference in 2011.
I want to focus in on BlackRock specifically because I think
when a company becomes as big a strategy and has 650,000 Bitcoin,
it eventually reaches a market cap where it's included in the S&P 500.
Once it's included in the S&P 500,
it has access to all the index funds managed by BlackRock.
And so BlackRock will accumulate the largest shareholding eventually in strategy.
The only way to combat the Fed is to own your Bitcoin.
The only way to combat BlackRock is to own it in self-custody rather than an ETF.
The only way to combat the banks is to not borrow against your Bitcoin.
I want as many people to understand that there is a huge benefit in self-custody.
And if any of these institutions want to steal your Bitcoin,
they will use leverage and they want you to level them up
so that you subsidize the cheap debt
and they can create paper Bitcoin obligations and IOUs.
so you get notified every time I drop a video.
All right, now let's get back into this great interview.
Bing bong.
I am back with another edition of the State of Bitcoin podcast
where I've got the man, the myth, the legend, Simon Dixon in the house
who's been making waves here lately.
And we're going to get into a lot of things today,
especially the banking industry doing a little bit of a flip into Bitcoin,
the proof of weapons networks.
But Simon, I really want to start with your theory of BlackRock potentially taking over the Bitcoin space and how they're basically flipping on its head and getting the full financial industry into Bitcoin and trying to quote unquote financialize Bitcoin.
So I'm curious, explain your theory on BlackRock and how they could be potentially trying to take over this whole Bitcoin space.
yeah sure um so look i i've been i've been in bitcoin i spoke at the first bitcoin conference
in 2011 um and in 2011 it was us versus the banks and we were creating money you can own
money that you can spend and money that has a fixed supply that would allow everyone to be
inflation um and escape the network boycott the network as it were so it was a it was a bottom-up
movement. It was cypherpunks focused on, you know, privacy and activists that were focused on
how to process transactions without the banks. You know, now, because Bitcoin has a fixed supply,
it obviously became the highest performing asset in history during those 14 years. And,
you know, when I was when I first got involved, the price of Bitcoin crashed from $30 to $3.
and we had like a 90% correction there.
And really we went through this whole journey of adoption,
which is the, you know, first they just kind of laughed at it.
They didn't take it seriously.
Then it started being used on some of the illicit markets.
So then they started to try and tarnish its reputation.
And then over time they tried to create alternative versions.
They tried to eliminate the word Bitcoin and replace it with blockchain.
and then eventually they executed what I consider to be a covert operation called,
you know, others, Nick Carter famously called it Operation Chokepoint 2.0.
But under the Biden administration, I think the US decided that they wanted to co-opt the network
and try and get as much Bitcoin as possible.
And they did a multi-layer attack.
Now, let me be crystal clear.
in my entire time in Bitcoin, we have been fighting attacks throughout the whole time.
And we always win. It's an anti-fragile network.
But we have to bring attention to things as they become clear.
And so we've always, you know, we're at a stage right now where,
you know, Bitcoin doesn't really need like the positive PR, as it were,
because Bitcoin has taken its own trajectory.
However, there is definitely what I consider to be financial weapons of mass destruction
fired at Bitcoin.
And this time isn't to take it down.
It is to try and get your Bitcoin and hold it through Wall Street rather than you owning
it direct in self-custody.
And that is happening on multi fronts.
And so we can dig deeper into some of the financial weapons of mass destruction.
But in my overarching theory, you know, because Bitcoin created proof of work, which gave you the ability to own your own Bitcoin and hold it in self-custody.
Excuse me.
Because before I got involved in Bitcoin, I was involved in banking and monetary reform.
I call it a proof of weapons network and it uses multiple weapons in order to try and get as much Bitcoin under its control as possible.
so that it can empower itself, the network.
So where would you like me to start?
Yeah, I mean, there's a lot to definitely chew off there,
but I want to get into the Wall Street's attack, right?
The, you know, you described it as the weapons of mass destruction
essentially coming at Bitcoin here.
And I want to focus in on BlackRock specifically
because I think, you know, there's something I want to come back to
about your two-tiered approach here in a minute.
But I think BlackRock plays a major entity in all of this.
And what I think is very interesting is that, you know, since these ETFs have come on, I think a lot of Bitcoiners, you know, I've seen the massive amounts of buying.
Of course, you know, Bitcoin is going to win in the end.
But ETFs overall have one and a half million Bitcoin under their custody as it stands right now.
And BlackRock's ETF has nearly a million coins itself.
So I'm curious your role in theory of just BlackRock specifically, and then if you could expand out on the true financial markets of the other weapons of mass destruction that you see.
yeah sure so um the right way to think about this is um every empire particularly in the west in the
western empires um they've always had like a private interest which represents the majority
of control over resources and financialization and so under the the if we look at the last two
empires you had the dutch empire you know which kind of created central banking and capitalism as
we know it today and created the Dutch East India Company to take advantage of its shipmaking in
order to use mercantilism and gain access to commodities, gold and various other commodities.
Then they outsourced the shipmaking to the cheap labor, which was the Brits. And then the Brits
copied much of the infrastructure, Bank of England, capitalism, as we know it today,
and created the British East India Company and used the British East India Company in shipmaking
in order to do colonial expeditions to steal as much gold and silver and real commodities as possible to back its currency.
Now, with the American empire, we have a neo version of that.
It is not one organization. It is a network, as I said, a proof of weapons network.
But power shifts dynamically.
But the most powerful node on the proof of weapons network currently today is BlackRock.
It is measured by both technology and how many assets it's managing.
And so BlackRock is currently managing about $12 trillion of assets.
And by owning those shares and access to passive pension money, insurance premiums, endowment
investments, and all the access to capital flows, it gets regular income in order to
purchase assets on behalf of its investors. But with those assets, it gets voting rights and board
seats in those companies. And so essentially, you have this network, this one organization
that has $12 trillion of assets under management. And it also has technology that pulls together
all the vast data that only BlackRock has access to. And so you have Aladdin AI technology,
which all of the money managers in the world use, as well as treasury when managing fiscal budgets,
as well as the Federal Reserve when managing its bailouts.
And so you've got this one organization that has influence over all the vast other money managers,
its own money management, treasury budgets, and monetary policy as well.
So it has consolidated significant power.
It has shares in over 20,000 companies, and it installs its own boards and voting rights.
And so BlackRock is kind of the CEO of this network.
There are other nodes like State Street, Vanguard, and then JP Morgan for financialization and securitization, various other things.
Now, what it does is it manages its portfolio to prepare for any eventuality.
I personally believe that it is managing a transition to weaken the dollar and transition to a multipolar world.
And as part of that, many of the central banks are accumulating gold, pushing it to record highs. And also it exerted a mission in order to take over aspects of the Bitcoin ecosystem, build a centralized Bitcoin industrial complex, like it has a financial industrial complex, and gain as much control over as many of the aspects of Bitcoin.
It doesn't really care about crypto. It will do some Ethereum staking. That one's really easy because proof of stake means by owning the token is like a share of voting right. You get control in the governance. But Bitcoin is a lot harder because it's proof of work.
And so they are engineering, I believe, a strategy to centralize as much Bitcoin and control shares in as many of the companies that can centralize Bitcoin and many of the miners in America.
So the multi-financial weapons of mass destruction that it's constructing is Bitcoin treasury companies.
So when a company becomes as big a strategy and has 650,000 Bitcoin, it eventually reaches a market cap where it's included in the S&P 500.
Once it's included in the S&P 500, it has access to all the index funds managed by BlackRock.
And so BlackRock will accumulate the largest shareholding eventually in strategy.
and then it will be able to put in its board
and it will be able to exert influence
to potentially get all of the different debt products,
which are other companies in the network,
to lend a strategy, lever it up,
and then turn it into a bank
so that people can borrow against their Bitcoin.
So other nodes in the network are like Cantor Fitzgerald.
Cantor Fitzgerald is a primary dealer.
It has access to the Federal Reserve quantitative easing budgets.
It is also a buyer of last resort for bonds.
It has now become the primary custodian for stablecoins and tethers treasuries.
And so through this mechanism, tethers holds its, you know, buys treasuries every time it issues a stablecoin.
and then the yield buys Bitcoin.
And then it also invests in the Bitcoin mining industry.
It also has the companies that, you know,
US persuaded to mine in Texas.
So we used to have a China centralization problem,
but then we moved to an America centralization problem.
And so when China decided to crack down on Bitcoin,
they had approximately 60% of the hash power in China.
and then that moved over to 20% in China, 40% in America.
And much of that ended up with these companies that are now going public.
And so we've now got multiple public companies
that are essentially mining Bitcoin and putting it on their balance sheet
and also borrowing from Wall Street and borrowing against their stock price.
So when you have all these public companies
and they have to borrow against their stock price,
you create the ability for the Fed and all the different networks
at some point to try and get people to lever their Bitcoin as well.
And so JP Morgan, another node in the network, comes along and says,
hey, why don't you borrow against your Bitcoin ETF?
Give me your Bitcoin or rather than buy Bitcoin, buy our ETF
and then you can borrow against it and we'll mine some dollars
through the banking system in order to give you some dollar access.
Now you are a debt slave.
When you start taking leverage tied to equity and collateral,
this is the perfect type of game that the Federal Reserve,
the Proof of Weapons Network, the banks, the financial institutions,
let's call it the financial industrial complex,
uses in order to create prompt and dump schemes through their hedge funds.
And then they use their own mutual funds in order to gain exposure So what they are doing right now is because they can control the long term price of Bitcoin because it a digital scarce asset they going to be pushing out derivatives as well
So then they have other nodes in the network that say, let's create options.
Let's create futures.
Let's create perpetual futures.
Let's create 100x leverage.
And so when you combine all of these forces together, as well as the Trump administration, regulatory capture, an environment of deregulation, which we're seeing right now, you basically have all the tools to try and get as many margin calls, centralize as much Bitcoin as possible, get board seats on many of the mining companies.
And we as Bitcoiners need to resist against it.
And as I said, it's an attack vector that we will win,
but we win through what Bitcoin was designed for,
not falling for the strategies, not levering up our Bitcoin,
not buying a Bitcoin ETF instead of buying Bitcoin directly,
not borrowing against our Bitcoin.
Leverage is the tool and Bitcoin is the boycott.
So we combat the proof of weapons network through proof of work. And far too many in America are falling for it because the financial industrial complex is being built in America. And so we need to be aware of this attack vector. And we need to understand that as this gift of Bitcoin was given to us to boycott the system, have our own money, spend our own money, and beat all of the Wall Street mutual funds, all of the products that they create, Bitcoin has outperformed them all.
That allows us to escape the network, build wealth, and then use that wealth in order to boycott the network.
And we need to do our part by owning it in self-custody, by running nodes.
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all right enough from me let's get back to the show boycott the network and we need to do our
part by owning it in self-custody by running nodes and if all of us don't if you know you know there
is in in economics we have a concept called tragedy of the commons it simply means that you
know if uh if everyone wants to use a road but there's no way of making money out of a road
no one creates the road and so you have to rely upon someone to create the road and in this case
we have to as bitcoiners make sure that we've got 71 of all bitcoin right now in self-custody
and we need to be aware of that matrix and as that close as that matrix gets closer and closer
to blackrock's goal we need to understand the attack vector and uh we need to prop up the
network so i want as many people to understand that there is a huge benefit in self-custody
that is the freedom that comes with it and if any of these institutions want to steal your bitcoin
they will use leverage um and they want you to level them up so that they can control them they
can use them and they can create paper bitcoin obligations and ious we've seen this before
throughout the entire history you know the mount gox exchange never took down bitcoin but it took
a lot of people's Bitcoin. Bitfinex hack never took down Bitcoin, but it took a lot of people's
Bitcoin. The Quadrica CX hack or disappearance of the founders never took down Bitcoin, but it took
a lot of people's Bitcoin. And so these centralized honeypots, we need to be aware of. And that's what
the Proof of Weapons Network is building. Now, do you think that they're already, I guess,
to a point where they can essentially control these different areas of Bitcoin? I mean, you mentioned
a couple of the you know bitcoin miners right i mean there's a couple big publicly traded
bitcoin mining companies already in the s p five are already uh publicly traded and then you know
blackrock with their etf already having you know uh over a million coins and then on top of it they
increased their stake in strategy you know earlier this year to i believe over five percent where
they had to you know do a full filing for it and then you know once strategy gets in that s p 500
here most likely in a month or maybe, you know, sometime early next year. It seems like that's
inevitable. So I guess which areas or if is it all areas that BlackRock is essentially going to
be able to control, whether it's the treasury companies or the mining or both? Yeah, I believe
that they will attempt to get as much power as they possibly can. Now, control is a loaded word.
Bitcoin is virtually impossible to control.
We've seen every type of attack vector.
We saw the block war.
When the miners and the VCs and the companies colluded with the developers
and they were in an internal struggle around what they wanted,
the users had to fight back with the user-activated soft fork.
So we needed to run nodes and then we needed to signal
that we would be able to combat whatever the miners wanted.
So this is a spectrum and there's never complete control because what is Bitcoin? It's open source code. So you have an attack vector there with the developers. Can you blackmail, co-opt, collude the developers? And that's why it's important to have these competing implementations. That kind of goes into some of the controversy that we've been experiencing as a community between NOTS and CORE.
It's important to have these battles. These are all features, not bugs. The mining network,
we have to combat with private mining, sovereign mining. It's important for countries that hate
each other to mine. Right now, you've got Iran mining, Russia mining, China mining.
America has the largest amount of hash power located in its country. But again, anything that
goes public is Wall Street controlled. If you ever want to crash someone's share price, they have the
ability to do it. And so they can push companies into chapter 11 if they choose. And they can,
you know, they can co-opt all the founders by pushing them through their share price.
And if they don't take on debt, which is their mechanism for control, then they push another
company instead. So they have the ability to knock these public companies up and down.
And, you know, Iron, for example, right now is working with Microsoft. They're changing some of
their hash power to artificial intelligence. And so Microsoft and IREN are being good players to
the proof of weapons network. So they get a 6x increase in their share price. Because remember,
share has no reflection. There is no such concept of earnings per share anymore. It is just a
function of the Federal Reserve. And who's the Federal Reserve shareholder? The banks.
And so now all companies are priced not on their earnings, not on anything else,
other than their geopolitical usefulness to the proof of weapons network.
That's why you get Nvidia as a $5 trillion company.
You know, you have these crazy, I mean, Palantir, like,
valuations that have no concept of reality based upon government contracts
that is trading at like 600 times earnings per share.
None of the traditional mechanisms work anymore
because the only way to have your share price pumped
and to stay in the network is to bow down to the network.
So it's geopolitical usefulness.
And so I believe right now,
because BlackRock wants to move to a multipolar world,
Bitcoin is a negotiation and leverage tool
against other jurisdictions they don't control,
like China, Russia,
some of the Middle Eastern countries as well.
So it is becoming a currency war
and a political tool at the geopolitical level.
So the most important thing in this, and this is the exciting of the world we're using to, we're moving from the dollar being the global hegemon to multipolarity.
And that is where Bitcoin was made for, you know, at the sovereign level as well.
So does BlackRock have enough control right now?
They are moving in the right direction.
We need to be aware of the attack vector.
But right now, they would need to co-opt all of the developers.
They would need to fool all of the users.
They would need to accumulate all of the Bitcoin within ETFs and they would need to own all the mining companies.
They are miles away from that, but they are gaining more and more leverage.
What does that give them? It gives them the ability to manipulate and influence in the direction they want to go.
And then we need to be aware of the attack vectors so that we can plan our counterattack and we will win.
they're not going to co-op Bitcoin
but people just need to be aware
of the attack vector
and recognize that Bitcoin
as the most decentralized
supercomputer in the world
we have to do our part
for that but no
they're nowhere near enough
being able to control the network
fork off the network
destroy the network in any way shape or form
but I bet you they're going to try
do you think that they're
I guess, far enough along in order to manipulate the Bitcoin price as it stands. Because I mean,
if you look at the buying that's coming out, and you look at the amount of Bitcoin that is
mined every single day, it seems like, you know, with these treasury companies and these people
buying that Bitcoin should be taking off. And it normally does in October, November,
this is the time, right? If you look at past cycles, but it seems like because Wall Street
and BlackRock has been in.
It's a little different this cycle.
I know every cycle we say that as Bitcoiners,
but are they manipulating the price in your opinion?
So they won't directly be manipulating the price
in the way that people think
because BlackRock and those 800,000 Bitcoin
are predominantly just ETFs held in custody at Coinbase.
And Coinbase is another public company.
So understanding that Coinbase doesn't do proof of reserve.
But they do have public company disclosure. Is the regulatory environment sufficient enough right now to know whether they're utilizing those Bitcoin? Well, it's not just proof of reserves. It also is legal contracts that they can make on top. And so the problem with saying blockchain is the solution is it's not because you can have blockchain and then legal shenanigans off chain on top through legal agreements.
And so while it helps, it certainly helps.
You can see whether the Bitcoin are moving.
You don't know whether they're actually engaging in a lending agreement like MF Global did.
Everyone thought they had their commodities, but then they were engaging in creating additional
commodities that didn't exist.
And then farmers were wrecked in the agriculture industry because they were relying upon those
hedges.
So do I believe that BlackRock is manipulating the price?
I believe that the financial industrial complex is trying to accumulate as much Bitcoin as possible.
And they would like your Bitcoin.
And by levering up, I believe that influential hedge fund managers and various other covert currency wars are certainly being waged on Bitcoin.
You won't know who the players are.
You know that there's a little bit of plausible deniability there.
And that's how they normally do these things.
You know, they'll take a hedge fund and they'll do it via that.
I mean, I think Cantor Fitzgerald is an important player in the network.
I think, you know, and the problem is, is that many of these Bitcoin treasury companies are going into bed with SoftBank, Cantor Fitzgerald.
Even Cypherpunk developers, Adam Back mentioned in the white paper, he's creating like these financial weapons of mass destruction, converting 30,000 Bitcoin into one of these vehicles, which means that he's going to end up working for Wall Street too.
So we just need to be aware of these things.
But is the price being manipulated?
I believe short term, the price has always been manipulated.
It used to be done by exchanges and market makers.
Now it's being done by more sophisticated players.
And that has never stopped and will never stop.
Market short term will be manipulated in order to, and the insiders, you know, I used to be a market maker on the London Stock Exchange.
I left in about 2006.
But our job was to manipulate markets to go the opposite of what the majority of people are doing.
and it's the 5% or 1% of insiders
that make all the money at the expense of the 95%
that think they're going to be looking at candlestick charts
and figure out how to beat the market.
That's not how trading works.
It is the insiders always win
and they always accumulate more and more.
They did it with gold.
They'll do it with Bitcoin.
And so they will always be able to manipulate short-term price.
So your job is to hack it by being a long-term investor.
If you try and short-term trade,
you'll lose. They'll take your Bitcoin. If you're a long-term investor, allow them to manipulate,
buy cheaper when they do, and you're fine. You'll be good. Yeah, exactly. Right. I mean,
that's always the winning strategy. But you said a lot of interesting things there. I want to get
into Cantor Fitzgerald and the potential connection with Tether in a little bit,
because I think that's very interesting. But I want to dive into more of banks, because I think
that you know seeing with JP Morgan that you mentioned earlier seeing Jamie Dimon essentially flip and be like ah I was wrong about Bitcoin like less than a month ago now is is really interesting to see his turn and then the the lending on bitcoin that now jp morgan
offers but i think that another little wrinkle here that not a lot of people talk about is that
coinbase and circle one of the biggest uh you know stablecoin issuers in the united states just had
to file for banking charters so it seems like now even the uh coin casinos you know that that are
were once, oh, anti-bank, are now basically becoming banks in the United States.
So what do you take of essentially this banking industry now starting to try to embrace Bitcoin
and honestly start to try to push us more towards that stablecoin route?
Yeah, I should give a little bit of disclosure.
So in the early days of Bitcoin, I invested in about 100 different companies in the industry.
One of those was Coinbase.
another one was Circle which launched the USD Sablecoin another was Bitfinex that ended up
the sister company to Tether so all and Robinhood as well so all of those companies you just
mentioned I will disclose I am a shareholder and you know as they go public I've been selling
my shares because I don't want to be a part of companies that are now being consolidated
into the Proof of Weapons network.
I was there for them when we were on the Bitcoin mission.
But as these companies go public,
these become banks, essentially.
Once you do a public listing,
you are either owned by the banks or you become a bank.
And there's no exception to the rule.
Or you get targeted by the bank
and knocked off the network in a chapter 11,
in which case the private equity industry
buys you in distress.
you know so uh or the the network always wins and once you've gone to silicon valley and to wall
street um you know there's no reversing that um and so yeah what the interesting thing is
is that banks um are gonna now be allowed if you get so let's look at a few things um the genius
act so we had the biden administration which was incredibly hostile crashed the market we had a
bunch of fraudsters. We had a deliberate coordinated operation to take out the crypto friendly banks
like Signature, Silvergate, Silicon Valley Bank, and some others. And then you had the BlackRock,
the change of administration, the approval of the ETF. Then you had Trump administration.
And Trump administration said, we're going to do Bitcoin strategic reserves. And so far,
he's only confiscated Bitcoins. And so he just did another, I don't mean he,
this is a bit that people get wrong. People think that CEOs are in charge of companies.
CEOs work for their board and boards work for their shareholders. Shareholders are in charge.
And I don't mean the retail shareholder. I mean, the shareholders of the proof of weapons network.
They think the presidents are in charge of countries. Presidents work for their lobbies
and their job is to take the money that they receive from lobby
and put a narrative on top of it to make it look like the people's vote matters.
So lobbies control politicians, executives work for the network,
and they even create the dollar because they own the Federal Reserve.
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And they even create the dollar because they own the Federal Reserve.
And so the board members of the Federal Reserve are just simply the shareholders of the banks.
And so this whole network is centralized into financial control.
And so, you know, but with the illusion of a democracy and some kind of capitalism, which is just not at all.
Where was I going? I was talking about something before I went on that tangent. I said, okay, Trump implemented crypto friendly regulations, seized Bitcoin. That's all that's happened so far. But what was in Genius Act? Genius Act just focused on crypto. Crypto is a Silicon Valley psyop in order to pre-mine fiat currencies to end up with people's Bitcoin.
They have nodes on the network that create all these different things,
put a decentralization wrapper on it,
create something like Terra Luna and say it's a decentralized stablecoin.
And then they're involved in manipulative operations,
whether it be Sam Bankman-Fried, whether it be Alex Majinski,
whether it be any of these different people in the network.
They go get some Silicon Valley money, they pre-mine a coin,
and they go scam people.
That's the crypto industry.
Bitcoin is different because it was created in a different way.
And so the crypto regulations, what has it done?
Well, firstly, it took, because there is an operation, so we got the merging of two operations.
One is to turn the dollar into a technocratic 1984 Orwellian nightmare, a privatized central
bank digital currency with competing interests that can issue those stable points.
So Elon Musk, that's essentially building our social credit score, he gets a stablecoin, Trump through World Liberty Financial. He's managing the outflow of investments over to the Middle East from America. And so he issues his stablecoin every time he's doing a deal with the Abu Dhabi sovereign wealth fund to manage these capital outflows.
You have all of these different types of transactions that are happening.
But the idea was to have, we're the crypto capital while they build this surveillance state.
And so stablecoins turning the dollar into programmable has a couple of agendas it serves.
Firstly, it allows the government to dump.
If you look at who's buying all the government debt right now,
1.8 trillion of the auctions that are rolling over is owned by Cayman Island.
Who's Cayman Island?
black rock all the financial industrial complex managing your pension so all the foreign countries
are selling u.s government debt and cayman islands is buying it um and so you've got nodes and
countries on the network but they're running out of buyers um and so stable coins via canter
fitzgerald who's a primary dealer that is the buyer of last resort of treasuries can dump a
lot of these treasuries onto stable coins. Stable coins are going to be the American people.
So what are they doing? They're taking the Federal Reserve is having a fight between Trump and Jerome
Powell in order to manipulate the interest rates down to like a quarter of a percent. They want to
do a three, Trump wants to do a 300 basis point decrease. That's never happened in the history of
the Federal Reserve. If he gets it, he's been installing Patsy, you know, Patsy's into the Fed.
But who are the Patsy's he's installing? Well, Trump works for the bank. So everything goes back
to the same network at the end of the day. But you have this illusion. Once you get interest
rates down to a quarter of a percent, you can dump all of these treasuries and debt onto pensions
and stable coins, and they pay the artificially low interest rates. The long term interest rate
is going high. That's what determines mortgages, auto loans, credit cards. So the average person
is struggling. They're moving to a 50 year mortgage in order to roll out their debt.
They're asking, they're begging for $2,000 in order to create more inflation. While Trump is
pushing down the interest rates with the Federal Reserve so that you subsidize the cheap debt.
And stable coins is one vehicle for providing more liquidity to roll over the debt in this
managed decline of the dollar. That money gets pumped into the stock market. So again,
wealth inequality is coming from that and a bunch of it goes into Bitcoin. And then if people lever
against it, they can take more and more of your Bitcoin. So the financial industrial complex is
doing this elaborate thing. Now, what was in the Genius Act? The Genius Act and the Clarity Act,
which is to come, it said that banks are able to use their reserves at the Federal Reserve
as collateral for a stablecoin. So that's $3.2 trillion over to anyone that has a banking
license. It also said, if you are a bank, you get to offer yield on your stablecoin.
so they can borrow from the Fed at the quantitative easing, artificially low rate,
and then pay yield out to the investors to share that in order to take more of the market from the stablecoin issuers that aren't banks.
So what you're doing is you're encouraging everyone to become a bank, and that leads to mergers and acquisitions.
So the banks are just going to acquire as many stablecoin issuers.
they're going to have the advantage and they're going to use this to centralize programmable money,
integrate it with the technical industrial complex, your social credit score.
Also have your Palantir in there as well and usher in in the name of MAGA.
We're winning. We're going to be doing it.
They're giving as much Bitcoin to the financial industrial complex.
And by the way, they're not America first.
they're hosted on the america stock market but these are global financial institutions
if they need to crash america they'll crash america if they need to asset strip america
they'll do it just look what they're doing in the uk don't give a shit about the uk people
they're destroying the country closed borders open borders asset stripping you know um creating
religious and uh religious tensions creating racial tensions and they're buying up all those
assets on the cheap. They're buying the UK's water supply. They're turning it into data centers.
They're manipulating its energy prices. These people are collectively scalping and asset
stripping the West for everything they can while they engineer this move. And stablecoins are an
essential part of it. So this is why Bitcoin in self-custody is the resistance. And no, America
won't have Bitcoin strategic reserve. It will create the legislation to seize your Bitcoin
if it wants. And that seizures, what happened to all the gold that they seized from the Americans
in the 30s? America ain't got it. It's on the Federal Reserve balance sheet. The Federal Reserve
created financial weapons of mass destruction by collateralizing the gold that was meant to be owned
by Treasury. And that's why Trump's not doing an audit at the Fed. Because the only time you do an
audit is when you're ready to crash the dollar and show that that gold's not there it's actually
owned by the fed who is owned by the banks and so you know this is the the the type of sophisticated
operations that america is doing to say we're the center of crypto yeah and i think justin
from a timing perspective it would take them like years probably to to fully audit the gold in fort
Knox if they were actually going to do that. But I mean, there's a few questions I have off of that.
One is, you know, with the connection between Cantor Fitzgerald and Tether and the government,
what role does Howard Lubnick and now Bo Hines going from basically creating the Genius Act to
now being like CEO of USAT, the new USA stable coin of Tether, as well as, you know, Howard Lubnick
moving from Cantor Fitzgerald over, was this all a part of the plan, essentially,
was getting these privatized industries basically under US government control?
Yeah, I'm not sure if, I think saying things are a part of the plan is a step too far,
because most people think of a conspiracy theory and an organized cabal. It's actually way more
decentralized and way more chaotic and disorganized than that. What actually happens is there are
financial weapons of mass destruction, the banks know how to use them. And they hedge and they get
things wrong all the time. They don't win all the time. You know, they get their operations wrong,
but they know how to hedge for every eventuality. And their goal is to control as many of the
levers of power as possible. And so by taking companies public, you know, using financialization,
securitization, and now tokenization, they'll use every weapon that they can in order to extract
more assets from the people. And so Howard Lutnick is just one of those people in the network. You
look at everyone around the Trump administration, you've got Steve Witkoff, which is envoy to the
Middle East. What's he doing? He's a shareholder in World Liberty Financial, which is issuing
stable coins every time they do a deal with the Middle East, setting up funds, $2 billion funds
funded by Saudi in order to actually geopolitically influence the situation, selling off American
assets of AI, building data centers across the Middle East, and then saying that he's helping
America. And who is his son? His son's part of World Liberty Financial. You got Steve Witkoff,
you got Howard Lutnick. Howard Lutnick's son owns Cantor Fitzgerald now. And so Cantor Fitzgerald
is doing the leverage part of it. They're custodying the stable coins. They're engaging
in investment banking activities to make,
to take as many Bitcoin treasury companies public And they creating the loans to mine fiat currency by getting you to collateralize your bitcoin so they essential in that network um you also got bo hines as
you said he's left gone to tether tether ripple labs uh coin uh coinbase what do they do in there
they use they're part of the crypto lobby this is a new emerging lobby they paid for a percentage
with the technical industrial complex of the White House ballroom.
So by paying for the ballroom, they're leveraging their way in.
And then suddenly Tether announced that, hey, the White House person, you're on our board.
We're going to create a U.S. version of Tether.
And essentially, these are the backhanded deals in order to allow Tether to exist outside the U.S.
It's very important to have separation, a U.S. compliant version, which is the front company.
and then you have the ability to exist outside the US,
but you have to sign up to some Wall Street influence.
They want some levers over to you.
So you must custody your treasuries with Cantor Fitzgerald
and in Cantor Fitzgerald,
if they want to wipe Tether off the network,
they have leverage.
They've signed up and joined the mafia.
Same with people like Nakamoto,
the Bitcoin treasury company.
Same with Jack Dorsey.
He's now in bed with the Japan Proof of Weapons Network
via SoftBank.
the American Proof of Weapons Network with the Fed and Howard Lutnick,
and they're doing deals together.
And so what you're seeing is there's a decentralized network
where nobody has the full power.
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But no, but the, you know, there is no, you can't get out of the network.
Once you join the mafia, you're in the mafia.
So Tether is part of that network.
And then they hedge.
And when they want to take Tether off the network, they try and manipulate, you know, legislation, lobby money.
And at the worst, you know, this network also has control of the quote unquote deep state.
You know, they own the military industrial complex that gets Pentagon budgets.
The Pentagon budgets means they have access to the CIA.
If the CIA wants to knock someone off the network, you can be blackmailed, you can be assassinated, you can be tarnished, you can be called all sorts of reputation.
things. And this is the network has these types of levers. So as soon as a company goes public,
goes Silicon Valley, joins crypto VCs, does stable coins under the legislation,
creates a bank, gets that license, they're in the network and they are no longer on our side.
Whether they're good people, this is not a judgment character. This is how the network gets you. And it
is us versus them.
That is what Bitcoin was designed for.
It was us versus them.
They are all a part of that network.
And your job is to win Bitcoin in self-custody,
eventually run a node and get ready for the battle ahead
because we're going to win.
Amen to that.
Yeah, I definitely think we are going to win.
But obviously there's going to be some temptation, I guess,
here in the short term because of all these players coming in.
Now, what do you take of Jamie Dimon and JP Morgan's role in all of this, especially as they've essentially done this flip that I mentioned a little bit earlier?
Because I think it's really unique.
We're seeing the banking industry now trying to get into the stablecoin aspect of it.
So, you mentioned a little bit earlier about the new banking issuance where they can essentially use the Federal Reserve in order to issue these stablecoins.
Do you think that that's going to be the case where every bank now has their own stablecoin
or are they going to try to keep it in privatized companies?
How do you see this overall, I guess, working?
And you mentioned the UK here earlier.
I don't think a lot of people are talking about the US and the UK recently making this
partnership to collaborate on overlooking and, you know, essentially just monitoring
the crypto industry is what they're calling it.
And obviously the craziness going on in the UK, if you want a free and open state in America, it would be the exact opposite what's going on in the UK.
So working together would just be a complete lunacy and would just be a complete opposite of what the United States allegedly stands for with all this.
So what do you take of that partnership on top of how the banks are starting to play with these stablecoins?
Okay, let me take that as two separate questions.
If I forget the second, I get a bit excited sometimes and forget my trailer thought.
So I'll come back to UK if I forget to do it.
Let's start with JP Morgan.
So JP Morgan's places a very special role.
You know, the creature from Jekyll Island, the Jeffrey Epstein's banker.
You know, this is a deep state actor, financialization, securitization, deep relationship with the military industrial complex, deep state.
you know this is top of the power structure when it comes to financialization and securitization
but it is a public company although it has a lot of off balance sheet black op operations
the ones that make it to the balance sheet that has the share price and its share price its number
one shareholders of BlackRock State Street and Vanguard so while it has significant power it is
also really subordinate to the main asset management power structure and so Jamie Diamond
is just an executive. Executives, an important executive, but he works for a power structure,
which is his board and shareholders. And so when Jamie Dimon says something, if he's saying the
wrong thing, he'll get the memo coming down from the agenda of the higher powers that be.
The top of the network, BlackRock, wants Bitcoin and securitization tokenization.
And so BlackRock, Larry Fink, can push down to JP Morgan, while JP Morgan and Larry Fink are in
a bit of a power struggle, they have the same shareholders. And so the shareholders can dictate.
So if Jamie Dimon's job is to go out there and say crypto is a scam, Bitcoin is a scam,
he was doing that throughout the takedown phase. He was also doing it during the distressed
acquisition phase when Celsius was blowing up and FTX was blowing up. And it was doing it during the
the ETF phase that gave BlackRock the maximum volume so that JP Morgan didn't become the number
one ETF issuer or anything like that. So there is a hierarchy in terms of who gets the assets first.
BlackRock was meant to be the number one liquidity provider. Remember BlackRock in the 2008 financial
crisis was the contractor to the Federal Reserve when determining which companies go bust and which
companies survive. JP Morgan was borrowing right up from the Federal Reserve using Aladdin and
BlackRock's consultations. And they took out the ETF department of Barclays. That's that UK
relationship going on. And they ended up with all the ETFs that Barclays iShares had, which gave
them all of this ETF power that they're now using in order to get all of these board seats and
various other things and get to the $12 trillion of assets. So JP Morgan and BlackRock are two of
the most important nodes on the structure. I do believe that JP Morgan is the chosen one
to do the covert central bank digital currency. So they'll be building out the rails to make
Americans think, oh, those Europeans, they're all communists. They're all like crazy. They're all
lefty radicals, transgenders and LGBTQs and rainbow fairies and, you know, warriors for,
you know, climate change, and they're destroying their economy, when the reality is they're owned
by the same network. So what the network does is it creates competing ideologies. Europe,
which is European Union and ECB are a part of, it was a creation of the Bank for International
settlements. The Bank for International Settlements is where all the central banks are shareholders
and the Federal Reserve is the most important node with the proxy vote. So Bank for International
Settlements can say, ECB, you're going to be a central bank digital currency. You're going to be
the socialism narrative. And America, you're going to be privatized, same model, but through stable
coins why because the federal reserve is the only central bank owned by the banks all of the other
central banks are shareholders in the bank for international settlements but they're owned by
the government infrastructure so the central bank in all the other central banks is a mechanism for
controlling the government and their job is to print as much money and bankrupt governments
and send that money back up via NATO into the US stock market.
And so you have to push out narratives to strategically weaken.
And then you force your policy because you own all the companies and the stocks
and you make Europe look like they're some crazy communist country
when really it's just the network controlling both sides of the narrative.
They've done this historically time and time again.
You know, Wall Street funded both. They created the Federal Reserve, the creature from Jekyll Island. J.P. Morgan was a part of that power structure. You know, they also funded the Bolshevik Revolution that led to the overthrow of the Russian Tsar into Soviet Union and communism.
they also funded nazi fascist germany and the hitler regime um through the bank for international
settlements when the rice bank who was the governor of the rice bank uh the walberg brothers who was
also governor of the federal reserve so what they've got a history of doing is they create
fake capitalism which has bankrupt the u.s government with 38 trillion dollars of debt over
the last 80, 80, 100 years, and take the other sides of the ideology. So they benefited from
communism, they benefited from fascism, and they created fake capitalism in America, which was a
debt-based Ponzi scheme, which is the US dollar to bankrupt the US government and turn it into
fascism again, which is where America's headed to. Europe is headed for more closer to communism,
but controlled by private interests.
America's going to an Orwellian technocracy surveillance state with fascism.
And then they're partnering with the other countries they don't control,
which is the Gulf countries, BRICS, China, Russia, various other countries.
And so that is where the network is.
And JP Morgan is an essential part of transitioning to that multipolar world.
We covered the UK side.
The UK is just a patsy to the proof of weapons network, as is the US.
But the US has a different thing.
It hosts the most liquid capital markets, and the banks are allowed to create the dollar.
So they're going to weaponize liquid capital markets and the dollar for as long as they can.
But they're acquiring the UK.
They're acquiring Australia.
They're acquiring Canada.
They're acquiring the European Union.
These are constructs for having full command and control to the proof of weapons network.
And so that's what these operations are.
So when you see the European Union is going to be a central bank digital currency, America
will be stable coins issued by the proof of weapons network, and UK gets to keep the
probably either do a digital pound or they're going to do some kind of, you know, I think
they'll probably go to digital pounds and CBDC model, but they're all serving the same network
and the same agenda. Now, I think that this is really interesting. What do you make of like
these limits that they're putting on already? I mean, why would you ever hold generational wealth
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Back to the show.
Now, I think that this is really interesting.
What do you make of like these limits that they're putting on already?
I mean, they're essentially just not even trying to hide it anymore.
i believe the bank of england just said that uh they're going to put these limits on uh their cbdc
that they're going to issue or the digital pound that they're going to issue to just 20 000
um i was going to say twenty thousand dollars but twenty thousand pounds obviously and it seems like
you know there's all these limits that they're issuing up with these cbdcs already so they're
the quiet parts out loud and it doesn't seem like anybody's rebelling except for when it comes to
the digital ids in the uk they're putting limits at like 20 000 pounds and um you know they're
already talking about these social credit scores i mean christine lagarde even compared their cbdc
rollout to the digital euro rollout to what they're seeing in china so they're essentially
saying the the quiet parts out loud at this point and it doesn't even seem like they're trying to
hide it anymore yeah so the model is um normally is you have an unelected european union whose job
is to create a narrative for the european central bank to print money and then that money goes back
into u.s contractors to prop up the u.s stock market and pop up the and prop up the euro dollar
and the same in the middle east you have the same with the petrodollar which is interestingly
working in reverse right now. But that's the Euro, that's the Anglo-American and European Union.
It all goes through together. What they typically do is the narrative around central bank digital
currencies in the West started with the Bank of England. And then they had the Enbridge project,
which was to go integrate into the bank for international settlements. And then you have
the regulations that come from the Financial Action Task Force. The Financial Action Task
is kind of a subset of the International Monetary Fund and the Bank for International Settlements.
Both of those are US controlled by proxy.
And so the US gets to determine what happens to Europe and UK via these proxy networks.
And so what they do is they beta test the UK, scale it on Europe, and then implement it in US,
but the privatized version because the america is all about stealing assets from the americans
and consolidating them over to the proof of weapons network so they always do the privatized
version in america and then the experiment with the the you know the the digital id the central
bank digital currencies uh the narratives the immigration crisis all the divide and conquer
operations, civil unrest, all the things they do in UK, then they scale it in Europe and then they
bring it to America, but where it all goes up to the privatized interest in the US stock market.
Now, it seems like there's a lot of potential manipulation points for all of this. Now,
I want to revert back to something that you brought up earlier, when it comes to a lot of
the financialization of Bitcoin. You know, we've seen a lot of these derivative products,
options, all of these different things start to come to Bitcoin to try to treat it like an asset.
Now, that obviously brings a lot of centralization. Is that just kind of the ruse
of this whole thing is just to create these financialized products in order to,
you know, allow you to put more Bitcoin into their custody so they can take it?
Or is there just, you know, am I maybe reading too much into this?
Now, Wall Street only cares about one thing, profits. They want to financialize and securitize and now tokenize absolutely everything. They want it to be trading 24-7 and they want hedge funds to manipulate prices, private equity to acquire in distress, investment banks to create the product, asset managers to buy the products, and then the private banks to create the fiat currency.
Now they want the central bank, sorry, the stable coins and the CBDCs so that they can have the integration with the technical industrial complex.
The technical industrial complex needs digital IDs, social credit scores.
And then you have financial institutions on both sides, the banking side and the alternative side.
All of these are part of the same network hedging.
And then you get to manipulate the price via the hedge funds.
You also get to create the derivative products, which are the financial weapons of mass destruction.
The goal is to make you trade as much as possible, pay as much interest as possible for leverage, put as much as your Bitcoin in their custody, charge custody fees, create products, financialize, securitize, roll it over, turn it into a credit default swap, create a collateralized debt obligation, create a collateralized Bitcoin obligation, slice it up, tokenize it, wrap it,
put it into a mortgage product, anything to make you exchange your Bitcoin in self-custody
for fiat currency loan and debt enslavement. And they want your Bitcoin in custody so that when
they want to change the levers of power, boom, they can manipulate prices, margin call you,
and get as much Bitcoin in their custody for as much fees as they can. And that's their game.
Their game is simply one thing. They have a quarterly annual rapport and they need to produce
profits. They have the off balance sheet illegal operations and they have the on balance sheet
legal operations. They need to siphon as much money through the illegal ops onto the legal ops.
And then every quarter, people will say to them, are you making us more money or less money?
Are you accumulating more assets or less assets? And their job is to create financial weapons of
mass destruction to meet that goal so that shareholders still buy their shares. And that's
they only care about profits. They don't care about you. They don't care about their customers.
They don't care if they kill people. They don't care about wars. They don't care about anything.
There is no ethics. There is no morality. There is no humanity. There is no sustainability.
If your country is no longer useful for them, they'll wipe your country out, acquire it,
and move on to the next country. If you're not having children and your birth rates are down,
they'll just go over to Africa that's still having children and decide to create peace there
as long as they can own as much of the infrastructure
and the resources as possible.
You know, if you are no longer useful as humans,
they'll make sure they got artificial intelligence
and robotics so that they can manage it.
And when you can no longer do anything,
they want to manage your benefits,
put you on a universal basic income,
and they will do whatever is required
to meet the bottom line
because their God and their worship
is money and money alone.
Now, I love that rant.
And I agree with you 100%.
But it leads me to that question, not only Wall Street, but where does the government
come into this?
Because they've just been essentially seizing Bitcoin.
And the last seizure I thought was really interesting because it was like, you know,
a Chinese citizen, I believe, who got arrested in the UK.
And then now all of a sudden, somehow, some way, the United States was able to get this
Bitcoin and add it to its strategic reserve.
So it seemed like it went through a little leaps and bounds in order to get into the
United States custody. But it leads to the question, I mean, we've seen the United States
seize gold previously. Is there a thought that they could essentially either seize from the
citizens Bitcoin or they could even purchase part of a company? I mean, we've seen them already
try to buy some of Intel. Would they buy 10, 20% of MicroStrategy, then all of a sudden,
that Bitcoin that MSTR has been buying is now under for the Bitcoin strategic reserve Yeah so people have to rethink what governments are People think their vote matters and that they
work for the American people for an America first agenda. That's not correct. They are money laundering
organizations to justify to the people why they should keep voting left and right and be distracted
thinking that a vote matters when there is one uni-party agenda, which is that of its lobbies.
And the lobbies is the financial industrial complex and a proof of weapons network. And so
governments are just tools to seize assets, create laws that help the network, rage wars and create
narratives. That's all governments are. Their job is to do one thing and one thing only, take on debt
and allow the banks to print more money and keep rolling over the Ponzi scheme. That's all their
job is. That's the only thing Trump is there to do. That he is there to roll over the debt
and figure out how to get someone to buy those bonds. That is Scott Bessent's job. He's a debt
dealer. That is all his job is. It's not to help the Americans. If you want to push them out to 50
year mortgages and then whatever it may be. And so, you know, that's what governments are for.
So they don't want the government to have the Bitcoin. They want the Bitcoin. And so if the government can seize Bitcoins, then they want to keep it on that balance sheet and get it maybe in a, the only Bitcoin strategic reserve you'll get is not buying them. It will be confiscating them. And so it's slightly different from the gold story. Let's go back to the gold story and then compare it to the Bitcoin story.
So you had an over leveraging, you had the Federal Reserve, 1913, the roaring 20s, everybody was buying stocks, you had a dot com boom and bust, but the equivalent Industrial Revolution version, you know, in the 20s after the World War leading into World War Two.
and they were pumping up levered stocks like crazy.
It was like the AI bubble that we're experiencing right now.
Everyone was saying, this technology is going to change the world.
I want my shares.
I want to borrow against my house.
I want to do everything.
They were creating levered up financial weapons of mass destruction
and then they crashed the market.
Then we had massive cascading liquidations
and they consolidated power and acquired many of the cheap assets.
Now, the government started going deeper into debt.
We then go into, you know, we then go into a Great Depression.
They will outweigh, they will out, you know, they have the ability to last longer than you do.
You know, they can handle these Great Depression.
They don't care.
And so then Roosevelt comes along and says, let's make gold ownership illegal.
Because of all the wars and the debt, people were exchanging at that time their dollars for gold.
And so they decided we need to, we got all of the British colonial gold.
We got the Russian Soviet Union SAR gold.
We got the German Nazi Germany gold.
We got 75% of all the gold in Fort Knox.
And we got our manufacturing base and our military industrial complex.
We need to build our economy on war and manufacturing.
And so this was the construct of that.
So what did they need to do?
They needed to confiscate all of the gold from the American people
in order to replenish those supplies and build the military industrial complex
and build the post-World War II Bretton Woods system.
And that was getting the world addicted to dollar debt
and persuade everyone to stop converting their currencies to gold
and just convert their currencies to dollars.
And then they would do that.
So they confiscated the gold from the American people by executive order.
And then that all ended up in Fort Knox.
but it was to replenish the gold reserves leading into World War II
to build the military industrial complex, the IMF, the World Bank,
and the post-World War II Bretton Woods dollar standard.
Obviously, they defaulted in 71 after the Vietnamese war,
and then we entered into the fiat standard that we have today
where there's no convertibility into gold.
It's just a question of who will buy the bonds.
um now that was needed as a tool to replenish gold reserves um you know to to keep the gold
window open and to manipulate the price at the time now let's bring it back to where you know
where we are now bitcoin is not there's no convertibility of the dollar into bitcoin there
is no bitcoin backing so it's it's a slightly different thing it's not like the government
needs it. Also, remember, the military industrial complex and the government were aligned previously.
Now we've got an a national proof of weapons network power structure that has no affiliation
with America. You know, China could become the next empire and they're just as good as if America
continues to dominate. It doesn't matter to them. They're hedged in every version. In fact, they,
you know, if there's less profits in America, then they'll reset the world order and move
to multipolarity. And so do they want the government to own Bitcoin? No, they're not
saving the dollar. They don't want to strengthen the dollar. Backing the dollar by Bitcoin or by
building Bitcoin strategic reserves could increase their balance sheet. They would much rather just
use the government to confiscate and then use their own market manipulations to end up with
gold direct. So they want you to own your Bitcoin, but then they want you to put it in one of their
financial weapons of mass destruction rather than protect the government and protect the dollar.
They have no interest in doing that at this stage. They're engineering a strategic weakening
of the dollar right now to push those capital outflows and to break the petrodollar.
now what role does uh the brics nations then and the petrodollar kind of play
in in this because it seems like it's a bunch of countries that kind of hate each other but all
want to keep the control at a certain point so you know what role does the potential of
you know this brics currency that they've been using for international trade allegedly russia
was using bitcoin to get around sanctions uh like how much weight do you take into into that uh
when it comes to the proof of weapons network yeah so bricks aligned around one mission
de-dollarization there was a covert operation to try and fool bricks into creating a unified
currency but they dropped that project because that was a mechanism to turn bricks into the
european union a single unified currency is how you attack the economies and end up controlling
the network through currency wars. And so they didn't launch their single unified currency. They
were going to back it by gold. They looked at distributed ledger technology. They realized that
everyone could mine some tokens every time they contributed some gold and did a resource trade.
But then they realized, how are you going to create decentralized storage of gold?
They said everyone will be incentivized to default. So that project, it was called Units at the time.
They never launched and I think it was the right thing to do But what they did do is political and economic unification around de And so what they essentially did is China because it had the manufacturing base
because it had the rare earth minerals by building up Africa when the IMF was destroying Africa,
by building up the global south when the IMF was destroying the global south.
and because Saudi and the Gulf countries all built their sovereign wealth based upon the
petrodollar, they realized that China was the rising power. America became oil independent.
What does that mean? Oh, the petrodollar is dead because America started competing with
the Gulf countries to export oil and gas. And so they pushed the Ukraine war in order to destroy
Europe, make sure that Russia could no longer import its gas and force Europe onto expensive
oil and expensive gas provided by America and started competing with the Gulf countries.
So the Gulf country where it said, well, where's all my money going to come from?
Oh, it's China.
Who's buying our oil?
Well, Iran is selling its oil and gas to China.
Russia is selling its oil and gas to China.
Saudi is selling its oil and gas to China.
Qatar is selling its oil and gas to China.
And then what are they doing with that money?
They're buying the US. So Trump's going around saying, oh, we've got $17 trillion of investments
coming in. They're buying open AI. They're buying X. They're buying all of the stocks. They're buying
all of the equity-based assets and selling the debt-based assets. They're no longer buying
treasuries. Instead, they're buying equity. So the money's coming from China and the Gulf countries
are buying America and buying Europe. They're putting Europe into distress to acquire them on
the cheap. And then America is selling the pristine assets to the Gulf countries. And so now NVIDIA is
building in the Middle East. NVIDIA is building, you know, the data centers are going into the
Middle East. Why? They got access to the energy and resources. And so what China said is let's
create an allegiance. You know, they want to weaken Europe. We'll let the CIA do their covert
operations and uh you sell your your gas and oil to us we'll buy it we'll keep up um the operation
and we'll prove that sanctions no longer work we'll also de-dollarize and create a network
of transactions that all exist outside the system but we won't do a single unified currency
um and so you know that that that's what they that's what they did and now they're acquiring
the us via the gulf countries the gulf countries are sitting in the middle and what did bricks do
BRICS said, led by China, China said, you know what? Let's end the forever war in the Middle East.
You know, Iran and Israel, you're a puppet for the military industrial complex.
You pretending that you're about to create nuclear and scaring the American people.
You know, we made $10 trillion from the American people over to the American companies as a result
of those fake forever wars and the fake war on terror.
And you were funding all of the groups, ISIS and Al-Qaeda
and all these different groups.
And everyone knows that they were CIA operations now.
The jig is up, you know.
And so now let's end the forever war
and negotiate with the banks on regional stability,
artificial intelligence, data centers,
access to cheap energy.
And so they said, Iran, Saudi Arabia, stop being enemies.
if you want me to buy your oil, then you're going to get on. And so Iran and Saudi Arabia
normalized. It was brokered by China. They announced it and that killed the petrodollar.
And now essentially Israel is being dumped because they were the country for the military
industrial complex to create forever wars, agitate the region, ensure that they would
never unify around their oil resources and eliminate all the competition. So now the GCC
is saying, right, let's turn Israel into a toxic asset. The military escalated and allowed the
events to happen that we've seen over the last two years. And now essentially you've got a
unification between regional blocks, BRICS, GCC, SCO, ASEAN, and they all unified around making sure
they could de-dollarize. Who did they need in order to execute that vision? Remember, this had
already been determined during the Biden administration and prior to that. This has
been a 10-year operation, knowing where America was going and its degeneracy in terms of its excess
valuations, in terms of its drug addictions, homelessness, civil unrest, everything that was
happening across the West. And so they basically said, let's put Trump in, tariff policy. Let's
reset the world order. Let's acquire all of the small businesses in America because they're going
to pay the tariff income. Let's acquire all of the export dependent countries that will go distress
as a result of this and their companies. And let's push the whole world closer to China.
And then Trump can say, we're making America great again and building our manufacturing base.
What is he actually doing? He's building AI in an Orwellian, you know, central bank digital,
or sorry, stablecoin social credit score, while the Americans think that this is about making
America great again. And so, and again, this isn't Trump derangement syndrome. This is Biden
derangement syndrome, Obama derangement syndrome, Clinton derangement syndrome, and Trump derangement
syndrome. This is a well orchestrated uniparty operation. And now we're moving the world to
multipolarity. We should be happy with that. There will be less death, less destruction, less wars.
But the West will be declined and the global South will be able to use their resources
and China will be the manufacturing base. And then there will be a global surveillance state.
You escape it by boycotting the system, owning Bitcoin in self-custody and becoming sovereign
in yourself and stop pretending that politicians give a shit about you because they are rug
pulling you and giving you narratives and lying to you about what they're doing.
Yeah.
So it seems like no matter which party wins at this point, it's all, I mean, not a part
of the plan, but essentially it's, you know, this proof of weapons network, it's going
to reign, I guess, victorious over this government and centralized entity.
It already is victorious. The government's working for the people. That ended decades ago. They financialize, securitize, tokenize, and control the Democrats, the Republicans, the Labor, the conservatives, every party, the opposition, Mandani, anyone. They're part of that. They control all of these different nodes. They're all prostitutes for narratives.
So then why sell us the narrative that Trump is going to do you think like the American people have essentially maybe part of this Bitcoin revolution Why sell us on hey Trump is going to be this anti type of figure to come in and Trump is going to be this anti type of figure to come in And Trump is going to be this guy that is essentially just defeating all of these
narratives when it comes to the overall government. And those narratives being, hey, you know, the
government isn't really working for you. He's going to be a man of the people and all of this.
So why sell us on this that Trump is anti-government in order to kind of continue this facade along?
Because the goal of the network is to continue the facade that you are invested in believing that democracy exists and your vote matters.
Your vote doesn't matter. Your money matters.
The only way to control the network is to impact their share price and to activate and boycott the network.
The only way to combat the Fed is to own your Bitcoin.
The only way to combat BlackRock is to own it in self-custody rather than an ETF.
The only way to combat the banks is to not borrow against your Bitcoin.
The only way to combat the global multinational institutions is to spend local and boycott the large organizations wherever you can.
But what do they need you?
They need you invested in the belief that you're winning.
but every time the same thing happens and you're like oh we got trump we saved the world from
communism and you end up with what we've got and then mandani comes along and the left and the
democrats get to say yes we took on the system and then the the republicans get to say everybody
need leave new york they know that new york was going to be destroyed but now they get to say it's
because it was mandani and it was a muslim takeover and it was the communists and the democrats and the
lefty radicals. And so they execute the vision and they give you a narrative. As soon as you cheer on,
yes, we got Trump. You've bought into another two years of believing that something will change.
And then you go to the midterm elections. When you get to the midterm elections,
the Democrats say, hey, we're gaining power. We're gaining something. And then they start to think
they've got victorious. We got Mundani and he's going to look after us. And now they bought in
And then you've bought into fighting against the Democrats. And that carries on as a merry-go-round
of distraction to make you think that the middle management, the only reason my life is fucked
right now is because of you, Trump. Or the only reason I had to leave New York is because of you,
Mundani. These are customer service. They're customer service, they're middle management
for a greater power structure. And they want you to believe that it's communism and capitalism and
the Republicans are the capitalists and the Democrats are the communists and the socialists.
And meanwhile, this is controlled by banks. It's a financial oligarchy and it is consolidating
power. And the longer you buy into the system, the longer you will be a debt slave to the system.
You have to opt out. You have to beat BlackRock. You have to own assets and you have to sell the
ideology that they're feeding you. Because as long as you believe the lie, you won't take the
actions that you need to take in order to protect yourself. It's all a lie. I'm sorry to give you
the red pill. But the red pill, the antidote to the red pill is the orange pill. When you
understand how the world really works, and you're no longer a useful idiot for all the wars, death
and destruction that the military industrial complex and the financial industrial complex
are creating in order to pop up your dollar, which is create this K-shaped economy, which is
extracting more and more resources from the average American and sending them into this nightmare
and believing that their system is better than everyone else and saying, hey, it's the Europeans.
They control everything. It's the banks of the Europeans. It's the Chinese communists. It's all
narrative lies in order to justify and hide from you how the proof of weapons network really works
wow this is an incredible situation our incredible conversation and it seems like the only solution
to all of this is just bitcoin and self-custody so that's our that's our revolution right there
so i absolutely love you breaking this down all with you simon i'm gonna have to have you on in
a few months again to keep on this conversation. But I'm going to leave some off, some more to chew
for the next conversation. But Simon, why don't you tell people where they can find out more about
you and see more of your work? Because I'm subscribed to this newsletter now, man, and it's
outstanding. So why don't you tell people about that? Yeah, sure. You know, Bitcoin has blessed me.
Um, you know, I, I, I live in the Bitcoin and self custody world.
Um, and, uh, I, I want people to have a simple solution because complexity is, is the, is
the enemy, you know, and, uh, I want people to have a simple solution.
And I've been saying this, this same thing for 14 years, ever since Bitcoin was $3.
And I documented the whole journey on my YouTube channel from speaking at the first Bitcoin
conference to today.
And every single week I go live for this week in Bitcoin, this week in macro, this week in geopolitics. And all I do is follow the money every single week and show you how what they're saying is completely opposite to where their money is going.
And so when you follow the money, you start to notice these patterns. It's a journey. It takes time. So I publish that on my YouTube channel, Simon Dixon.
I back that up on my blog simondixon.com and I give live on X regularly so you can follow me on
at simondixon twit. So I'm easy to find but the antidote is absolutely Bitcoin in self-custody.
Own more Bitcoin this month than last month. Do that for a minimum of four years. Avoid shit
coinery, avoid leverage wherever you can. And after four years, come back to me and say,
do I really, would I have done better if I had bought shit coins? Would I have done better if
I was trading and using leverage? Would I have done better if I bought Nvidia? Would I have done
better if I did any of those things? Every single person that I've put this challenge to, they come
back to me in four years and they ignored price and they beat the proof of weapons network.
and some of those are billionaires, millionaires,
and they've changed their life completely.
And anybody can do that.
Spend less than you earn,
save the difference in Bitcoin,
own more Bitcoin this month than the previous month,
learn how to self-custody it
and do that every month for four years
and then come back to me on X
and tell me whether I was an idiot
for asking you to do it.
Yeah, I don't think you will be.
So I'll put all that in the show notes.
Simon, thank you so much for your time.
You've been very generous.
And this was an absolute firecracker of a conversation.
So I can't wait to put it out.
So Simon, thanks so much.
Thanks for having me.
Thank you guys all for tuning in to another great episode of the State of Bitcoin podcast.
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