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May 6, 2025 - The David Knight Show
18:40
Tokenized Takeover: Real World Assets, AI Agents with “Personal Infinite Intelligence”
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Time Text
Tokenization has really taken off.
We're going to make virtual representations of real-world assets.
They set up a little acronym there.
RWAs.
RWAs.
Real-world assets.
We're going to make virtual representations of those things and then trade the virtual representations and fractionalize them and mix them with other stuff.
How'd that work out for mortgages?
We've already had real-world assets that were tokenized, and it was disastrous.
It was a real disaster.
And so, think of the stock market itself as one of these kind of derivatives.
Because it's not tied to reality.
It's not tied to what is good for the economy.
You know, you can have a company that does massive layoffs of thousands of people.
Guess what?
This stock is going to go up.
Oh, look, they just cut their labor costs.
The stock market...
It's not tied to reality, and the stock market is not tied to the general public good in the economy either.
And yet, everybody on both sides, Democrats and Republicans, presidents as well as pundits, will point to the stock market to say, see, what I'm doing is good, and it's work.
Stock market is not the economy.
The stock market is a manipulated derivative of the economy, one way or the other.
But it certainly doesn't prove this guy's point.
And it isn't that the stock market is doing great with this.
It's still very shaky, going up, going down, because people are not sure about what is happening.
All it takes is one story to send it up or to send it down.
In April, they were cranking out these stories, he said, about how this would be the worst market period since 1932.
Why?
Because Trump had initiated his tariff policy to reset the market and to protect American workers.
No.
It was because he slammed on the brakes, like I said.
And then he started whipping the steering wheel left and right, left and right, left and right.
Let's see what happens.
You know, I did that as a 16-year-old teenager when I had a car, my first car.
And, you know, we're there trying to figure out what the limits were.
And you mess around, you find out.
In a real stupid way.
And he's doing the same thing.
They put him in the driver's seat.
First thing he does is he...
Ramps it up to really high speed and slams on the brakes and starts twisting the steering wheel in different directions all the time.
That's what's going on with it.
But this guy says, so see, it's all over.
We've won.
Have you really?
Have you really?
What a naive op-ed piece.
It got published on Town Hall.
He said, Liberation Day dividends are already pouring in.
This guy is as delusional...
As the people that he's criticizing, but on the other side.
So let's talk about dividends pouring in.
They're pouring in to places like Tether, that is tethered to Howard Lutnick, Lucky Lutnick.
And so Tether has now got an AI platform to support Bitcoin and to support its stablecoin payments, he says.
So Tether AI, the forthcoming artificial intelligence platform for stablecoin giant Tether, will feature payments in major cryptocurrencies, including Bitcoin and USD Tether.
How much worse could it get?
Stay away from this, folks.
You want to add artificial intelligence to a digital currency right now at the beginning of this thing?
This is where this is headed.
So they said the company's new AI platform is designed to offer, listen to this, this is their term, quote, personal infinite intelligence.
Don't walk away from people like this.
Run from them.
Run from them.
Oh, it's so smart.
We're now going to have personal infinite intelligence.
Smart finance.
It'll be like the smart cities.
It'll be like the smart cars.
It'll be like the smart guns, right?
All those things are for stupid people.
Don't be stupid.
Stay away from somebody that promises you a smart currency with personal infinite intelligence.
And what they mean by that is that it's not smart.
You know, when we look at smart, it's an acronym for self-monitoring and reporting technology.
It'll be monitoring and reporting on you.
The way they're using intelligence, you think they're implying that this is smart, that it's going to help and assist you.
No, it's there to spy on you like an intelligence agency.
And it is there to help the government to spy on you.
Why do you need to merge AI for this?
Except that they want to control you.
It doesn't give you more control of your money.
And when you look at their, when they post this up, tether.ai, personal infinite intelligence, a fully grown open source AI runtime capable of adapting and evolving on any hardware device.
No API keys, no central point of failure, fully modular, composable, whatever that means.
I don't know what that means.
And it's infused to enable US dollar tether and Bitcoin payments.
And here's what they say.
It also is unstoppable peer-to-peer network of AI technology using billions of AI agents.
You know, we talked about this the other day.
These AI agents, Visa is pushing to have you use AI agents.
They want you to give your credit card to AI.
So that you can tell it, go do my Christmas shopping.
You know the people I know, and you know what they like, so I want you to go Christmas shopping.
Here's my credit card.
Have at it.
Yeah, Visa would love that.
Get you locked into all kinds of stupid purchases, excessive purchases, that they're going to charge you 30% or 40% interest on when you can't pay them off.
And so they're talking about here billions of AI agents.
Billions of AI.
This is what Tether is pushing for as well.
Let these AI agents spin you into oblivion.
Stay away from these people.
Tether AI will not use application programming interfaces or API keys.
It will not depend on centralized control points.
Instead...
Tether AI will offer a, quote, fully open source AI runtime that will run on an unstoppable peer-to-peer network and be fully modular and composable with billions of AI agents.
And it will be hallucinating with your bank account.
The announcement also says that Tether AI's P2P crypto payments will be infused.
With its open-source wallet development kit.
That's what the WDK was.
A wallet development kit.
Launched in November 2024.
They don't want to call it a software development kit.
It's a wallet development kit.
Enabling self-custodial or non-custodial holding of the Tether dollar and Bitcoin.
And so, this is going to be non-custodial.
It'll be eliminating reliance on third-party custody solutions.
Oh, wait a minute.
Wait a minute.
Isn't Tether a third party?
Aren't these AI agents a third party?
And you're granting these AI agents the ability to charge you and buy stuff with your money.
Which is way more than you grant unless you're hacked.
Way more than you would grant to some of these exchanges that are going to hold the stuff if you don't take self-custody of the crypto.
Tether AI is part of a broader strategy to expand the company's footprint on artificial intelligence.
In April of 2024, a year ago, Tether announced company restructuring to introduce new divisions beyond stablecoin development, including Tether Data, a dedicated unit focusing on AI and P2P development.
So Tether AI has one key goal of providing the, quote, ideal technological foundation, quote-unquote, to achieve the vision of AI described by Isaac Asimov.
Well, there you go.
I guess we've seen a lot of stuff named after Tesla.
We had Tesla, the car company.
Then we had another truck company called Nikolai.
So I guess people are going to start naming things after Isaac Asimov, his iRobot series.
I read that when I was in elementary school.
That's about appropriate.
Level of wanting to actually do that.
They did a couple, it was Outer Limits, I think, did an episode that was kind of loosely based on one of the episodes in the iRobot stories.
Anyway, AI will in the coming decades become part of the very fabric of the universe, they said.
That's pretty grandiose stuff, isn't it?
Pour everything that you've got right now into the AI stocks and everything else, don't you think?
And give these AI agents full custody of all your money.
What could possibly go wrong?
I'm sure it'll be just fine.
Everything is lining up.
Tokenization is having its breakout moment.
Because, you know, we're not just going to do a derivative.
Of reality with the stock market or with the ETFs or with the securitized mortgages that was a disaster and that other kind of stuff.
No, we're going to do that for everything.
We're going to make a derivative of everything.
That's what tokenization is.
It's the derivative of everything.
Tokenization of real-world assets, which henceforth will be called RWAs.
RWA's.
It's evolving from an abstract concept to a practical financial tool as institutional players increasingly test and deploy blockchain-based infrastructure at scale.
On April 30th, BlackRock filed to create a digital ledger technology shares class for its $150 billion treasury trust fund.
And so this will leverage blockchain technology.
To mirror a record of share ownership for investors, the shares will track BlackRock's Treasury Trust Fund, which can only be purchased from BlackRock Advisors or the Bank of New York Mellon.
On the same day, maybe with this you could own a piece of the Panama Canal if Trump is able to get it flipped over to BlackRock, although China seems to be trying to block that.
Imagine you're the corporation caught between Trump and China and all this stuff.
And it's all a fictional narrative anyway.
On the same day, Libra.
Now, Libra is Facebook.
That's Mark Zuckerberg's attempt.
Remember, he did a white paper.
And he said, let's create a global digital currency.
He wanted to call it Libra.
And buried there in the middle of his proposal was one sentence that said, It was his plea to the governments to give him the authority to do this.
He said this could become a de facto global ID.
Well, yes, that's the purpose.
That's what the governments want out of it, a de facto global ID.
But, of course, what he did not say in there is that then with that global ID, you can completely control the people and make sure that they can't actually have access to their money.
You can just take it away just like that.
You can change the value of the money.
Just like that.
Or you can punish an individual that you don't like.
Just like that.
So Libra, again, Facebook, Mark Zuckerberg, announced plans to tokenize half a billion dollars in Telegram debt through its new Telegram bond fund.
So now they're going to create tokenized commercial paper.
Commercial paper, corporate loans.
And they're going to put that out there.
As a token.
The fund will be available to, I love this term, accredited investors.
You know what an accredited investor is?
You've got to show them that you've got a certain amount of net worth.
And just like Tevye in If I Were a Rich Man, right?
If you've got the money they think you really know.
That's going to be the assumption.
But it's also because they don't want to mess with every little person, right?
They want to make sure that you've got enough money that can steal a big chunk of it and not get you so totally irate.
You also want to make sure that you're an attractive target for theft.
So, accredited investors is the phrase that they use.
It'll be usable as collateral for on-chain borrowing.
Have you noticed this?
Eric Trump said this out loud.
He said within 10 years there won't be any banks.
And it's the people who are creating the stablecoins.
The Trump Association is doing it.
Facebook is doing it.
BlackRock is doing it.
We're going to hold your assets.
And then you'll be able to use them like a bank.
And you can use it as collateral.
And you can borrow against it using that as collateral.
And that's what Eric Trump was saying.
All these people are doing.
They want to replace the banks.
That's what these politicians and technocrats are doing.
They're moving themselves in there to replace the banks and become banks themselves.
The week's biggest headline came from Dubai, where a multi-bank group Signed a $3 billion real-world asset tokenization deal with United Arab Emirates-based real estate firm, MAG, MAG, not MAGA.
This is in Dubai, so I guess it's the United Arabs, so it'd be MAGUA, M-A-G-U-A.
It sounds like the last little he can, MAGUA.
The deal is touted as the largest real-world asset tokenization initiative to date.
Again, let's take your real-world assets.
We'll make derivatives out of them.
They call it tokens.
So we can steal it more efficiently and more quickly.
We don't even have to call in any lawyers.
We just, you know, flip a switch and all your stuff belong to us.
He added, the growing adoption of big institutions gives the space more credibility.
Or maybe it gives it less credibility.
What do you think?
It's Christmas time.
I don't know.
But I'm surprised we even have Christmas stuff in the board there.
Get your David Knight Christmas album.
It's May.
It's time for us to start thinking about Christmas.
It's only seven months away, you know, less than.
But, yeah, if I see BlackRock going in and setting up real-world assets, tokenizing them, or even taking something that's not real-world asset that doesn't need to be tokenized like Bitcoin, And they even tokenized that with an ETF.
When I see that, that actually has less credibility for me in that space, as they put it.
This individual said that the renewed interest in real-world asset tokenization is primarily driven by Trump's pro-crypto administration and his growing regulatory clarity.
His clarity?
Getting clarity in crypto, not in tariffs.
But we're getting it in crypto.
And I would say I agree with that.
It's becoming very, very clear that this whole thing is a record pump and dump scam being run by Trump and the Trump family, and they are the key figures in all of this stuff.
They said more than 10% of global financial assets could be tokenized by the end of the decade, by 2030.
One other analyst.
At Redstone predicted that approximately 30% of global financial systems will be tokenized by the end of this decade.
So between 10% and 30% is what they're expecting.
So it said somewhere between, you know, $4 trillion and $30 trillion of real-world assets by 2030.
So that you will own nothing.
If the sector were to achieve the median prediction of about $10 trillion, that would represent more than 50 times the growth from its current value.
Of about $185 billion.
So these people are looking to really get rich quick.
In just four years, they're going to have a 50-fold increase in the assets that they control.
Music The Common Man.
They created Common Core to dumb down our children.
They created common paths to track and control us.
Their commons project to make sure the commoners own nothing.
And the communist future.
They see the common man as simple, unsophisticated, ordinary.
But each of us has worth and dignity created in the image of God.
That is what we have in common.
That is what they want to take away.
Their most powerful weapons are isolation.
If you can't support us financially, please keep us in your prayers.
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