S2E35 FREEDOM DOLLAR DEFEATS CBDCs

Aaron Day explores Technocracy, Cbdc, Digital Id. is season two, episode thirty five. This is a an incredibly important episode with an incredibly exciting announcement here at the beginning, an unexpected announcement. I actually don't have any more details on this. I haven't even spoken with with him about it, but I'm going to pop this up right now. Let's see if see if this is actually coming through. CHAPTERS: 0:00 - Welcome to the Aaron Day Show 26:26 - Surprising Announcement from Host 31:29 - The Technocratic Takeover of AI 36:29 - Tokenization: Centralized vs. Freedom 46:31 - Building Alternatives to the System

Welcome back to the Aaron Day Show. This is season two, episode thirty five. This is a an incredibly important episode with an incredibly exciting announcement here at the beginning, an unexpected announcement. I actually don't have any more details on this. I haven't even spoken with with him about it, but I'm going to pop this up right now. Let's see if see if this is actually coming through. Well, in any event, it was reported today in the New York Times that the title of it is Crypto Investor Known as Bitcoin Jesus Reaches Deal with Prosecutors. So I'm not going to go through and read the whole article. I don't know any of the details. I haven't talked to Roger, but suffice it to say. looks like he won't be going to prison so that's uh sorry just hit me so very excited about that and uh sorry let me uh just regain my composure here real quick it's been quite a uh quite an ordeal so in any event i don't know any of the details but that is a great bit of news and look forward to sharing more if and when i know something about it but uh huge cause for celebration and very grateful for however that ended up getting resolved and on whatever terms, certainly this is a huge win. So anyway, with that said, let me start popping through the slides here and hopefully I'll regain myself here. I want to go through the last couple of episodes briefly. Today's episode is really important simply because, you know, for the last several episodes, I've been focusing on what I hope is coming across as the rapid acceleration of technocracy on all fronts globally, whether it's digital IDs being passed into law in Palantir and AI surveillance. To the extent anybody thought we were winning or had defeated the globalists, that is completely not the case. And if anything, technocracy is accelerating. And I would argue that agenda, based on how things are going right now will happen by . Tonight's episode though, is going to be focused on solutions. I mean, I certainly will talk a little bit about the problem as we always do, But there are solutions and now is the time to start focusing on those solutions, to focus on exiting and building. So just a quick recap. On Monday, we talked about the digital ID. And frankly, the fact I've been I've started to do some interviews on this based on this episode, and most people are not aware. The UK news hit recently. And then but but what people weren't following was what was going on in other countries all over the world. For instance, the most egregious case being Thailand. which is now tying digital ID to your SIM card. So literally they're shutting off access to your phone, unless it's tied to a digital ID, which means no burner accounts. And then this is tied to your bank account. And as I've been saying for a while and as I wrote about in my book, often what happens is the World Bank and IMF and groups like that work with other countries, like, for instance, rolling out CBDCs in Nigeria as a way to test kind of the most extreme versions of what it is that they're trying to roll out globally. So if that's the case, what we're seeing in these seventeen other countries, which was coordinated with the same three vendors, is very alarming. What's happening in Mexico with the complete rollout of biometric ID by Q one twenty twenty six with employer enforcement where employers have to enforce the digital ID or the employer risks being shut down. This is a rapid acceleration, and so we do not have a lot of time left if I normally express urgency, but now I'm like, I don't know how to express any greater sense of urgency, but but we need to immediately move towards exiting and building and using these other solutions and so tonight we're going to be talking about freedom dollar which i believe is one of the best Solutions to Fighting CBDCs and Stablecoin Tyranny. Before that, we talked about the technocrats hijacking the MAHA movement and MAGA in general. And this is kind of the bait and switch. So on the one hand, they are making positive developments on things like COVID and things that happened in the past. At the same time, while that's going on, In the back door, in the front door, they're working on AI and bringing in big tech, looking at things like mandates on wearables. We have Operation Stargate, you know, five hundred billion dollars that's going to be spent on AI and health care infrastructure and data. And we're going to do an entire technocracy roundtable on this. But the more I've looked into this, I think people are going to be horrified to find out where we already are today. Not in the future, but what's going on with AI and healthcare today. And then the week before that, we discussed the fact that there's a big push to consolidate executive power under Trump. And the purpose of this, many, I think, have hoped is that, yes, we have the administrative state. Yes, we have the deep state. These things are all bad. These things are all unconstitutional. Maybe if we have somebody come in and take a little bit of control, they'll restore the Constitution. The problem with this is the more you dig into who's actually pushing it, the more you dig into Curtis Yarvin and you dig into what Peter Thiel and Elon Musk are up to is you realize The idea of this kind of temporary monarchy is to usher in technocracy, not to roll back our rights or restore the Constitution. And so in many ways, we're actually working against ourselves because we're focusing our effort on trying to cut the government, but we're basically leaving it wide open for the technocrats while not building our own parallel solutions. And so all of these episodes, I encourage you to watch and share. And I will note, I've been shadow banned heavily. since talking about these specific issues. And I use as an example, my Curtis Yarvin podcast, my traffic dropped to eighty percent on X, which is the main platform for this live podcast. But on Spotify and iTunes, it was the top podcast I've ever had. So clearly this is a something that is algorithmic and not related to the content itself. Feel free to check out daylightfreedom.org, which is the website, as I've announced, we're building and rolling out five different web properties by the end of this month. And daylightfreedom.org is where you can go to link to everything that we're working on. uh next big event is the brownstone annual gala in salt lake city looking forward to participating on in that we're also going to sponsor daylight freedom foundation is going to sponsor that so i'm kind of looking at this as being the i don't know launch of daylight freedom i guess officially so uh i think i saw that there may be tickets left so i encourage you to to jump on that uh these brownstone events are truly the best best events out there in terms of not only content but it's a phenomenal ability to just interact and have great conversations with people that are that are interested in pursuing the truth so if you're new to this podcast the whole focus of of the podcast and frankly everything that i'm working on is i've dropped everything as is my wife, and we're focused on what I think the real war here is right now, which is not red versus blue or China versus the US or Russia versus the US or BRICS or whatever. It's technocracy versus freedom. And technocracy, it's an ideology. It gets confused. People look at it as, well, this is just using technology to make government efficient. That's not what technocracy is. Technocracy is a new way of basically reorganizing society where scientists and engineers make decisions for us on a top down basis. It's an ideology that dates back to the nineteen thirties. And that is something that a lot of organizations have been working towards since the early nineteen seventies. And now because of the Internet and A.I. and digital currencies, they're at the final stage of kind of rolling this out. And so this is horrifying because it really – I say that it's technocracy versus freedom, but it's really free will that is at stake. Because once you have somebody making all of your decisions for you through a social credit system or whatever it happens to be monitored and surveilled, you lose your ability to make your own decisions in your life. And if you're not able to make your own decisions, that is essentially – the end of free will and the platform, the major battleground where this technocracy versus freedom war is taking place is tokenization. And tokenization is very simply it's, it's, creating what are called tokens, which are digital representations of various assets. So for instance, CBDCs or stable coins are tokens that represent fiat currency, but you can also have these digital tokens for stocks, for bonds, for commodities, for your home, for your car, everything could be tokenized. It's essentially a evolution of the database. The problem is that the way that the technocrats want to roll out tokenization is that they want to have tokens that can be centrally controlled, centrally tracked, centrally programmed and censored. This is the heart of the control system. for technocracy. So what I have been arguing for years is that the opposite to that is freedom tokenization and then more specifically over the last year, privacy tokens. So in other words, the ability to tokenize assets and hold those tokens in your own self custody not controlled by a third party where you can trade with anyone anywhere in the world without third parties being able to see your transactions so it's about ownership it's about privacy that is the battleground and that has increasingly become the case as we've gone through the genius act which is to basically take stable coins like tether and usdc and put them under the control of congress and the federal reserve we now have the clarity act which is happening which is going to do the same thing with stocks and bonds and commodities it's going to give control and oversight and all the know your customer laws and all the stuff that you have to go through when you go to set up a bank account or a crypto account that will apply soon to all of your assets, not just money. And this is by design. So this is why I think our best shot at freedom and our best shot at stopping the technocracy is to build parallel solutions outside of their system that are tokenized privately. And that's one of the things we're going to talk about tonight with Freedom Dollar. So we are working on three different areas. And again, I'll have a presentation, you know, probably the whatever the first Thursday is after November the first. uh where i'll outline kind of the whole plan of what we're doing but it breaks down into these three areas one we do have to spend time educating people on technocracy i mean and i can do this okay but there are other people that i'm i will continue to amplify like patrick wood like courtney turner like craig who's been on a couple of times and and others that know much more about this area everyone needs to find out about this you have to understand what war you're actually in And on that front, Patrick Wood has an excellent boot camp on technocracy, which you can sign up for. I think it's like thirty four hours worth of content. And Patrick has been studying this for forty five years. He's written three books. He has thousands of articles on this. I just found out about him three or four years ago. Everybody should know this guy's work. It's meticulous, and it really explains in great detail what's going on. The second part of what we do is to help people with what I call autonomy reboot. The best way out of this is, and I think we have this problem right now where, I mean, we're all programmed by these external organizations, whether it's the media, education, entertainment, news, and increasingly algorithms. But we do have free will and we have the ability to take back our free will and to take control of our own thoughts, our own emotions, and our own actions. And we all have the ability to do this. This is an innate capability. And we've been spending too much time on white knights. You know, Musk is going to fix it. Trump's going to fix it. RFK is going to fix it. No one is going to fix it. This is an inside job. This is something that we all individually have the ability to do and must do in order to stop this march towards, you know, complete authoritarian control. And then the third area is I call the revolution will be tokenized. This is how we actually build those parallel systems. And so those are the three areas. And I'm not going to spend a lot of time tonight just because we have a lot on this freedom dollar topic, but i've put together a couple of of scoring systems so that we can measure how we're doing because what i've found is that a lot of this creeps up people don't realize and i think the problem that i have with people in the united states is people will look at oh well the uk announced a digital id i'm glad we're not like them or we'll say china's announced the cbdc i'm glad we're nothing like communist china only to find out we have real id which is a digital id now in eleven states and will be rolled out to twenty more by the end of the year we have a backdoor cbdc and so i want to put together a framework and a kind of a scoring mechanism so that each week we can look at the news and look and see what's going on so that when there is a new development like palantir building a database of Americans and connecting it to real ID, we can kind of put that in some sort of semblance of how close are we to the complete edge here. And I've got some metrics on that for both technocracy and measuring monarchy to the extent to which executive power is being aggregated, which I believe is not... I don't think Trump is the... is the bad guy here this is not he's not the destination this has been constructed to the benefit of jd vance who is a puppet of peter thiel and is completely bought into this he is he is a technocrat himself uh tied with curtis yarvin i've tracked his investment portfolio and everything so this this is not even about trump people will say oh yeah this is you know trump this is not trump derangement uh syndrome this is about an architected plan to consolidate executive power as a bridge to technocracy. So there will be more on that. And I'll use these as scorecards basically every week so we can see how these things are progressing. And hopefully maybe they'll recede the other way, but I've seen zero indication that that's going to happen. We are having monthly technocracy roundtables. The next one is October the twenty second at six p.m. I really encourage you to tune in on this because the whole focus of this is AI in health care. And this is a I think somewhat of a surprising vector. And I think, you know, I've challenged people that are in the medical freedom movement a couple of episodes ago. To say, hey, do you recall wearables and AI data collection and things like Trump just announced building a database of genetic information on kids with cancer and everything? Was this part of your understanding of medical freedom? because it was not mine. And then when you look into it more and you start to see what Larry Ellison is doing and everything else, and what insurance companies are already doing with AI, you realize that we're much further down the technocracy path than any of us would like to think. So on that front, for three years, I've been, to some degree, a voice in the wilderness warning about CBDCs and screaming about technocracy, documenting the surveillance grid that's being built around us. And for three years, many of you thought I was being hyperbolic or paranoid or black-billed. Well, I'm done warning about what's coming because it's not coming anymore. It's here. While I've been sounding alarms, my friends have been thrown in cages or almost thrown in cages. Ian Freeman remains in prison for eight years. Roman Storm awaits his sentencing. And I'm grateful for what's happened with Roger, although I don't know all the details of it. But nevertheless, the boot is still there very much. Every Tether and USDC transaction is now tracked forever and is funding the war machine through mandatory Treasury backing. The Genius Act didn't create CBDCs. It turned all stable coins into CBDCs. And while we were debating, they already won. Three years ago, I warned about digital IDs. And today, as I discussed last week, seventeen countries implemented them in the last ninety days. Not announced, not proposed, signed into law. With full implementation by twenty twenty six, twenty twenty seven. Thailand just tied digital ID to your SIM card. Your phone is now your prison guard. Real ID is live in eleven states and twenty more by the end of the year. The UK bypassed Parliament entirely. So democracy didn't just fail, it was executed in broad daylight. Three years ago, I warned about AI surveillance. Today, Palantir controls every federal database. Operation Stargate commits five hundred billion dollars to health monitoring. Orwell's telescreen with a wellness app. Maha isn't defending big pharma or isn't defeating big pharma. It's merging with big tech to create something infinitely worse. RFK Jr. went from fighting vaccine mandates to mandating health trackers. The capture is complete. The acceleration is so severe, I've had to create these scoreboards that I just showed, technocracy scoreboard, monarchy scoreboard, just to track how fast we're losing. Not might lose, not could lose, are losing, present tense, right now. And here's what breaks my brain. People still think Trump will save them, that Elon's on their side, that RFK Jr. is fighting for medical freedom. That if we just vote harder, tweet louder, protest longer, someone in power will restore our rights. Nobody is coming to save us. Nobody. Power does not liberate. It consolidates. It doesn't matter if it wears a red hat or a blue one. Quotes Jefferson or Marx, Harari or Yarvin. Waves a flag or burns one. The nature of power is expansion, and the technology now exists for power to expand into every neuron of human existence. But I'm not here to blackpill you. I'm here to remind you of something they desperately want us to forget. We have free will. We can say no. We can build alternatives. We can become ungovernable. The rigged game is over. Voting won't fix that. We just saw this. Protesting won't fix that. They'll freeze your bank account. Tweeting won't fix that. They control the platforms. The only solution is to build. Build parallel systems. Build alternatives. Build the world you want to live in instead of begging sociopaths to give you permission to exist. At the heart of their control grid is money. Control the money, control everything. That's why tonight I'm introducing you to Freedom Dollar, a stable coin built on Zeno that can't be frozen, can't be tracked, doesn't fund wars through treasury purchases, and actually works today. Not coming soon, not in development, right now. I'm not being paid a cent by Freedom Dollar. This isn't a sponsorship. This is about survival. My book, The Final Countdown, spent half its pages defining the technocratic threat and half providing solutions. Freedom Dollar is one of the best solutions I've seen. It's not perfect. Nothing is. It's not without risk. Everything has risk. But it is a working alternative to their surveillance money, and it exists today. This is not about number go up. I mean, it's a stable coin, so presumably the number will go nowhere. It will remain stable. This isn't about getting rich. This is about being able to engage in voluntary commerce without asking permission from a system that wants you enslaved or dead. If the technical stuff scares you, don't worry. There are guides, videos, tutorials, but more importantly, I'm putting my money where my mouth is. I'm giving away eleven dollars and freedom dollars to twenty people randomly selected from the first one hundred who sign up for the AaronDayShow.com website. So just go to the AaronDayShow.com forward slash register and create an account and your email will be in a system. And then I will select twenty of the first one hundred and we'll reach out to you and send you eleven dollars worth of freedom dollar. This is actually enough Freedom Dollar to not only receive it, but you can load it onto a non-KYC MasterCard and spend it, and spend it in the real world. So you will be able to see... how I will be able to send you something, a completely private form of the dollar, and then you will be able to load it onto a card and spend it at over a hundred million merchants or whatever it is worldwide. That is powerful. This is a very powerful way to onboard people and move people outside of the system. And yes, a MasterCard is not the ultimate end game, but it is a transition step from where we are now to complete peer-to-peer commerce. And I encourage everyone, whether you win or not, to share your experience, write about it, and actually to buy some anyway and play around with it. And take pictures and make videos and show others that alternatives exist, that we don't need their permission, that we can build our own systems. This is critically important. Show use. Because one of the problems that we have is it is easy to talk about how bad things are and how quickly the surveillance state is growing. But to a certain degree, without having alternatives, it becomes demoralizing. And so to a certain degree, people can become resigned to thinking that there are no alternatives. But there are. There are many alternatives. And we need to start showcasing that as much as we can. So the walls are tightening and the exits are closing. And every day we wait is a day closer to a permanent digital slavery. But right now we have a narrow window. We can still build. We can still escape. We can still exercise the free will they're desperately trying to eliminate. The technocrats think they've won because they control the current system. But what if we just stop using their system? What if we build our own? What if we say no and actually mean it? The time for warnings has passed. The time for hoping someone will save us is over. The time to build is now. This is how we fight back, not with violence, not with votes, but by becoming ungovernable, by building systems they can't control, by exercising our free will while we still can. Tonight, I'll show you exactly how Freedom Dollar works, why it matters, and how you can start using it immediately. Because the counter economy isn't coming, it needs to be built by us starting now. The clock hasn't just run out, it's counting backward. Every second we delay is a second closer to permanent enslavement. So let's build our way out starting tonight. so there is a lot to go through and as i said don't don't get caught up about any of the uh any of the kind of the technical details i did create a bunch of memes here i don't know if they're on the website if you go to theareandayshow.com uh they will be there i created a ten memes for for this as well which i and i'm gonna be putting the songs and everything all the content the slides uh on theareandayshow.com so that you can share this content as well Because obviously this podcast tends to go a little long, and I don't necessarily expect people to listen to two, three, four hours. But there are a lot of good clips from this, and then there are a lot of other snippets and media in different formats that we want to share. So last year... Last year, stable coins moved twenty seven trillion dollars. Every single transaction was tracked. Every dollar bought U.S. treasuries. You think you're using crypto, but you're actually funding drone strikes and you're building your own digital prison. So let me show you exactly how they turned your freedom money into war bonds. And the problem is the crypto community has been celebrating this. They've been celebrating stablecoins hitting this volume level and equating it with crypto. But the problem is that they're not talking about the fact that now essentially Tether and USDC have become surveillance tokens that fund the war machine. In fact, they were doing this before the Genius Act. The law enforcement has been working closely with both of these stablecoins, and they've seized over two and a half billion dollars, I think, now in transactions. And so this was going on even before the Genius Act. Now that integration is even tighter. But this twenty seven trillion dollars in stablecoin volume is about the equivalent of Visa's an entire annual volume. So this is not a niche market. This is now mainstream and it's actually projected to grow even before the Genius Act. to one hundred and twenty trillion by twenty thirty, which is actually more than MasterCard, Visa and direct deposit combined. So this is total surveillance, every transaction permanent recorded on blockchains. Anyone can see the payments that you've ever made. Your financial life is now an open book forever. But worse than that, it is funding the war machine. These stable coins are now required to be backed by U.S. Treasuries. In the past, that wasn't the case. Before the Genius Act, there was no strict requirement. And realistically, I haven't been a big fan of these stable coins anyway for different sets of reasons. Tether's never been able to pass an audit. It's unclear if they even have reserves. But they've also stated that they have a lot of gold and a lot of Bitcoin backing their coin. And they can no longer use that. back their coin they now actually will have to go and buy treasuries and make sure that they're backing every single tether with us treasuries which our own treasury secretary has said will allow us to sell two trillion dollars worth of treasuries so that's two trillion dollars of additional bombs and drone strikes and and everything else that our government uses that money for Circle already holds thirty two billion dollars in U.S. government securities and tethers the eighteenth largest buyer of U.S. treasuries globally. So if you if you think you're using these stable coins and escaping the system, you're wrong. You're actually turbo charging it. You think you're using freedom money, but you're actually making government surveillance easier and cheaper and you are funding the expansion of government. So this is a critical point. The Genius Act passed. And now, as I said, every stable coin must be backed one-to-one by U.S. treasuries. And it's Congress, not the Fed, that controls the surveillance. And I'm not going to go through. I've talked about this on, I don't know, probably ten different podcasts. But the issue here, and you can see this in this image, is that when you think about the financial surveillance we have today, all of the hassle with know your customer laws and anti money laundering laws and having to give biometric information to set up these accounts, all of that comes from Congress. It does not come from the Federal Reserve. So what they managed to convince people with really clever marketing was that, oh, we're not doing a CBDC. We're not going to become like communist China. We're going to do this pro-innovation American thing. And in reality, what they did is they took something that was already private that people liked, and they added CBDC level surveillance to it. It was really pretty ingenious. And it's actually made my life incredibly difficult because I've had people After the election and once Trump even started saying he was anti-CBDC saying, oh, well, you must be happy. You know, you've won and now there's nothing left to do. And of course, I knew I didn't know how bad it was going to be, but I knew this. I knew the story wasn't over. I just didn't realize the extent to which they were going to be able to capture all of this transaction volume. and put it under their control in such a short period of time. And again, this is much faster than had Harris won or somebody won and tried to force a centralized CBDC. The rollout on that would have taken a decade to get to twenty seven trillion dollars worth of transactions. And so So when I say the technocracy is moving five years ahead, I mean it. This is something that even I got blindsided by the speed with which they put in place these surveillance systems in this digital control. So again, the Genius Act requires the treasury or dollar backing. And there are all kinds of other regulatory burdens that are put on the stable coin issuers. And what this means, when you look at the history of financial legislation in this country, first of all, it's only gone in one direction since nineteen seventy. In nineteen seventy is when the Bank Secrecy Act was passed, supposedly to curtail money laundering, which it has done a horrible job of. or possibly even made it worse. But the one thing that I noticed in researching this, that there's never been a time where financial surveillance was added where it was ever taken back. So every time there's an emergency, even if the emergency doesn't appear related to financial matters, we get more financial surveillance and it never goes away so this has been building and building and so you go from the bank secrecy act and then you get the patriot act and then you get you on and on cares act dodd-frank everything else and it never recedes the other way so now what could happen well now that these stable coins are under the control of congress congress could meet in an emergency and say listen New rule. If you're going to be a stable coin issuer, you have to use a blockchain that only allows purchasing from this white list. They could literally do whatever they want. And this actually gives them quite a bit of say and control over dictating even which blockchains are used for the issuance. stable coins so people don't quite even fully appreciate the amount of power that congress has just grabbed through this genius act the federal reserve gets monthly audit powers so again this is one of these things where it's designed to create barriers where You're not going to have innovation or really new players come into this, people that are innovative. Two guys in a garage are not going to be able to comply with what is required now to work with both Congress and the Federal Reserve in having a stablecoin. The other thing is it killed innovation. There's a two-year moratorium on algorithmic stablecoins. Fortunately, Freedom Dollar was kicked off actually even before that. Not that that matters. Freedom Dollar exists kind of outside of that entire system. But I really want to stress over and over again the level of rug pull that has happened here by Congress making it look like the Federal Reserve is the bad guy. The Federal Reserve is a bad party. It's an unnecessary party. third party, but when it comes to financial surveillance, some of the people that are in Congress voted for these things. The Patriot Act, a lot of the stuff that we have now that's really part of the heavy-handed aspect of financial surveillance, those people are still in Congress. And I actually saw them debate and say, well, at least we're not going to become like the Chinese communists, or at least we're not going to allow the Federal Reserve to encroach and violate the financial privacy. Meanwhile, are they even aware that they're the ones that have already voted for this already voted for the tracking and, and everything. And so I don't know if they know or not half the time. I think that they don't know. And half the time, I think that they don't care, but nevertheless, Congress is ultimately responsible. And you can see from this meme here, everything, you know, it's, it's mostly Congress, some executive branch, you have some NSA data collection and, You have these suspicious activity reports from the Treasury Department. So there is some executive branch, but it's mostly Congress and not, again, the Federal Reserve, who the politicians did a masterful job of blaming all of this on. there's another aspect of this this isn't always just about the government as bad actor although certainly that is largely the case that's that's the main concern but um there's a lot of blood on the blockchain last month in france armed men kidnapped a crypto investor's daughter they knew exactly how much bitcoin he had they could see it on the blockchain and this is happening globally your transparent transactions are making you a target this is real violence with real victims um you know not only multiple kidnaps kidnappings in france but i've talked about this before this is all over the world people in ukraine people in asia have been kidnapped and then they turned over their coins and they were murdered anyway so there are horrific cases on this I didn't have time to compile the clips, but at some point I will compile the clips because I think it's important for people to understand the safety aspect of this, not just the government overreach aspect. It is dangerous, physically dangerous, to have a situation where your financial assets are known on a public blockchain. And you have companies like Chainalysis that are selling information about your wallet and compiling information from different sources, getting information from law enforcement, getting information from exchanges and building these databases over a long period of time to the point now where there are private investigators. As a private investigator, you can get a license in Chainalysis. And so now this is becoming an entire industry, and now people are getting angry with each other, and they're having legal disputes, divorces, business disputes, and they're hiring these private investigators that are certified in this to be able to track all of your transactions, more crypto transactions and information than they can even get from your bank account through a subpoena. So... And, you know, people are scared. Even Michael Saylor refused proof of reserves because of personal safety. Right. So, I mean, you know, there's no real way to hide from this. And, you know, with Bitcoin, as with the stable coins, you know, the addresses are permanent public financial record. Nothing ever gets deleted. or hidden, it is public forever. So this is something to be aware of. And I encourage you to go to YouTube and even look at just search for chain analysis, you can see some presentations that are made by people that work at chain analysis, you can you can see a whole bunch of information that will be very eye opening about how it works. But to summarize it quickly, I mean, you buy crypto on an exchange with your ID. The exchange knows your wallet address. Chain analysis companies buy or subpoena that data. And then they use clustering. So if one address is you, then all connected addresses are probably you too. So it's like following footprints in the snow. One footprint reveals your entire path. And this is a huge industry. Over five hundred million dollars in government contracts for this. So your tax dollars are paid for these companies to spy on you. The data is sold to private investigators. It's sold to law firms, used in divorce proceedings, tax audits, criminal investigations. And again, once one transaction is identified, your entire history is exposed. Buy Bitcoin on Coinbase, they know that address. Send it to your hardware wallet, they know that address now too. Spend it anywhere, they track that merchant. The whole financial life unravels from just one ID point. And there are people that'll say, well, I've never used an exchange. Yeah, but maybe you did a transaction with somebody that got into legal trouble. And one of the things that happens in these cases is to mitigate and lessen the sentences they ask to find out who the counterparties are. So you may think that you've never touched an exchange and therefore you are completely free. And that's absolutely not the case. And so now on top of that, We're not just stopping with Tether and USDC. The same banking cartel is now getting into the stablecoin game. JP Morgan, Wells Fargo, Citi, and Bank of America announced a joint stablecoin. And these are probably the four largest owners of the Federal Reserve. We don't know for sure, but we can kind of guess who the largest owners of the Federal Reserve are. It's likely the four largest banks. And so we're dealing with kind of the creature from Jekyll Island all over again. These four banks control over forty percent of U.S. deposits. They have combined assets of over nine trillion dollars. They're too big to fail, which means they're too powerful to stop. And again, their stablecoin will be indistinguishable from a CBDC. And in some ways, know a lot of people like to say well it's better that at least you have commercial banks issuing these coins than a central bank but you know again if these are the banks that own the federal reserve it's a distinction without a difference and at this point Given how surveillance works and the use of AI for surveillance, you're not really getting a lot of extra protection because you spread out your programmable digital trackable currency amongst a half a dozen players instead of one. That really doesn't buy you anything because it can be shut down in an instant. So, I mean, as I've been saying, I think either Tether or USDC will likely be acquired or regulated out of existence. Or maybe they become one of the big players, but you're going to see it's all going to cluster. You're not going to see a lot of startup innovation. And you're already seeing this. Tether is filled with, you know, Howard Lutnick, our Commerce Secretary. His firm has the exclusive contract to manage all the treasuries that back Tether. There are a lot of deep political connections going on here. It's cronyism again. Where's the innovation in taking a digital programmable token and backing it by fiat? The entire point of crypto was to move away from fiat, to move away from centralized parties, and to empower people to engage in transactions directly. This is actually the worst perversion of crypto you could ever imagine. But yet these things are popular. So now enter Freedom Dollar. So Freedom Dollar is built on heavy duty privacy. It's built on the Zeno blockchain. And it's backed by cryptocurrency, not treasuries. So there's no surveillance. There's no war funding. When you use Freedom Dollar, there are no treasuries involved. There are no US dollars involved. And it works with a MasterCard today called a ZBIC MasterCard, which I'll show a couple of video clips about that as well. So this is a very important stable coin that I'm sure a lot of people don't want you to know about. So while everybody was debating CBDCs, the team quietly launched The Answer, a truly private stablecoin that doesn't fund wars and can't be tracked. Of course, I like it and know about it because it's built on Zeno, which I talk about frequently. And I encourage everyone to go back to Season Two, Episode Twenty-Five, where I did an overview of the entire Zeno ecosystem. There's no money here going to the military industrial complex. No company or government can freeze it. There's no CEO with power to shut it down. There's no permission needed. There's no KYC involved whatsoever. No ID, no credit checks, no approval process. This is money like cash used to work. So it's real world ready. It's already integrated with MasterCard through ZBEC and it's increasingly going to be available at point of sale. I've been working on this plugin, which actually had just updated, but there's a new plugin for WooCommerce that was just released, which we'll talk about as well. So if you're a merchant, and you use WooCommerce, which there are millions and millions of businesses all over the world that use WooCommerce, there's now a plugin where you can now take Zeno and FreedomDollar. And then moving forward, you'll be able to use private versions of Bitcoin and Ethereum through Confidential Layer as well. So to describe a little bit about how it works, again, I don't want to get too much into the technical aspects of this, but Freedom Dollar helped solve kind of an impossible triangle, privacy, stability, and decentralization. So it's built on, you know, ten years of battle-tested technology. So, again, Zaino's been around for quite some time, and, you know, the founders, Andre... In particular, developed CryptoNote, which was the predecessor to Monero. So there is no bigger OG in the privacy space. So it's built on Zeno's ring signature privacy protocol. It's borrowed from Monero, but arguably improved in a number of ways. And I don't want to get into an argument because this is not going to trash Monero. Monero is great. They have completely different use cases. Monero is a great privacy coin. that you can use as an alternative to cash as well. Zaino allows you to create tokens to tokenize other assets. So money represents about five percent of the global GDP. With Zaino, you can actually tokenize that five percent as well as the other ninety five percent. So you can use it to tokenize stocks, bonds or anything that you could imagine could be tokenized, including Bitcoin and Ethereum and, you know, other cryptocurrencies. So the security model is just like Zeno. It's a hybrid proof of work, proof of stake model, which I think is an improvement, not only from a security perspective, but also from an energy perspective. And I'm not necessarily here to make the green pitch, but I will say that we do have a problem, which you may be feeling in your pocketbook directly, which is that energy prices are starting to surge. We have a terrible grid that we haven't invested in. And we've had all of these green projects that didn't come to fruition. And now we have this monster race, manufactured race to compete with China. uh on the race to agi and so now all of these data centers are coming up all over the world and it's been stated that in order for the us to compete with china we have to increase the energy usage in from data centers just for ai a thousand X the current level that we're at. Well, this is actually going to be problematic for cryptocurrencies that rely on proof of work mining. In fact, it's going to become very difficult for American companies to compete in mining for Bitcoin. And if you look at the charts, I mean, I think ironically, I think one of the cheapest places in the world to mine Bitcoin is Iran, but the US isn't even close. And so now with this new mandate to push AI, I don't know what that's going to mean, but that is somewhat problematic. And this is not an issue that Zeno has by virtue of the fact that it's a hybrid proof of work, proof of stake, and may even be moving more towards proof of stake over time. So it's truly autonomous. There are no administrator keys. Again, this is a real innovation in how stablecoins work. And I want to explain some of the mechanics behind this. So every Freedom Dollar is backed by more than a dollar's worth of Zeno. So it's over collateralized. So there's more Zeno backing the freedom dollar than are actually issued and so these aren't just promises this is this is actually something that you can validate you can see the wallet you can load it into your own wallet and you can see in real time uh exactly how many xeno are backing how many total uh freedom dollar that are in supply so this is something that offers transparency so even though Zeno is private by default, there's an additional feature called Audible Wallet, which is utilized here where you can actually view the aggregate information needed for purposes like this so that you can see that the assets are there and you can see if there's adequate backing. So right now you can go to freedomdollar.com and you can see, I think it's something like eight million dollars worth of Zeno is backing roughly five million Freedom Dollar. I haven't checked today, but I think yesterday that's about where it was at. And it's only been around for a few months, so it's actually been on a nice trajectory upward. And so there's, you know, and I'll get into some more of the details on this, but there are a lot of things that are, you know, developed algorithmically to make sure that it maintains the peg around a dollar. So there are incentives built in to actually keep that peg stable pretty much within three percent one way or the other. So this isn't like a lot of the other projects where like Terra Luna or other things where there's interest and there's a whole bunch of other dynamic projects. like dynamics like that involved this is really about having you know collateral locked in these auditable contracts public can verify it the individual transactions remain completely private and you can see the vault without seeing who's using it but that's just the first level of of security so you have the fact that it's over collateralized that's that's one area And then you have this concept of Zeno itself becoming deflationary with usage. And I think I have a separate slide on this altogether, but this is an important point. And you don't hear me talking about price. I don't even know if I've ever put a price chart in this podcast at all. But of course, people are always interested in price. The interesting thing about Zeno is every time Zeno is used, or a token that is created on Zeno, like Freedom Dollar or tokenized Bitcoin or whatever, every time there's a transaction fee, those fees are burned. They're taken out of supply. Which means that at a certain point, when the Zeno network reaches one hundred and forty four thousand transactions per day, it actually becomes deflationary. meaning the actual overall supply of Zeno starts decreasing in size. So this is a situation where obviously the blockchain is designed for use. It's designed for assets of all kind to be tokenized and traded. And the more people are doing that, the supply goes down. And obviously when the supply goes down and the demand goes up, the price goes up. So this kind of has a built-in, this is even outside of speculation. This is just from pure usage of the blockchain itself. So that's an important dynamic. The other thing is that FUSD, one of the benefits of being a hybrid proof of work, proof of stake is you can actually stake your coins and you can earn rewards from staking. which is something that the folks at Freedom Dollar do. So they are staking their Zeno that's backing the Freedom Dollar. And so they're continuing to earn additional Zeno on top of that, which goes to back the entire supply of Freedom Dollar. So these are kind of the three interesting components that they have. built into it so it's kind of mathematically proven for seventy percent uh market crashes and you can read all of the the details about this um kind of have figured out a way to move beyond the death spirals that people saw with things like terra luna um three independent systems would all have to fail so this is this is good and again i'm not saying that there's no risk but what i am saying is that this this has taken a substantial amount of the risk out of of the equation that has affected other projects and as i mentioned um this is really i'll call it a deflationary revolution of sorts because every freedom dollar transaction burns xeno a hundred and forty four thousand transactions a day is the magic number there's one new xeno minted every minute And the transaction fees are point zero one Zeno. So if you just do the do the math, this is this is how you get to the one hundred and forty four thousand. So there are fourteen hundred and forty Zeno minted per day. And so at one hundred and forty four thousand transactions, you multiply that by point zero one Zeno, meaning the amount burned, then you actually get to the point where now you've crossed a line where it becomes deflationary. So again, this is important because this isn't a project that is dependent upon... It's not dependent upon hype. It's not dependent upon influencers. It's not dependent upon speculation to drive value. It's actual use. People using privately tokenized assets that will drive the actual use and increase in demand and simultaneous decrease in supply. So... So overall, unlike traditional stable coins where the company controls the issuance, Freedom Dollar uses autonomous, I don't know if I'd call them smart contracts, but anyone can mint or burn anytime permissionlessly. And I'm not going to go into detail on that. That's more of an advanced concept. uh topic in fact i mean as i'm looking at this this is probably not a slide to go through today but i will start doing kind of breaking these down um into intro courses and then more advanced stuff i don't want to make this uh make this too complicated but but needless to say there there's an incentive system here designed to keep the peg around uh with around around point three percent of exactly one dollar and there's a whole bunch of incentives that go into that and i'm not gonna go through all the details on that but the point of it is this has been designed using uh kind of sound economic principles and decentralization to uh to preserve the peg and the stability of the coin itself The other thing is you don't need decentralized exchanges or liquidity pools. There's no slippage. There's something in Zeno called ionic swaps. which allow you to swap your Freedom Dollar for any Zeno token directly without any third party. And by the way, this was one of the things where I had an aha moment. I've mentioned this before. Dan O'Neill, if you're listening to this, I actually created a couple of, I'd call them meme coins, but some free Ross tokens at the time and free Julian Assange tokens. And Dan had one of one, I had one of the other, and we were able to swap those just directly from our wallet without any third party involved. There was no DEX involved, no on

S2E35 FREEDOM DOLLAR DEFEATS CBDCs
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