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July 6, 2023 - Health Ranger - Mike Adams
02:10:46
BBN, July 6, 2023 - Ten money & banking trends that will either DESTROY your assets...
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Okay, welcome to Brighteon Broadcast News for Thursday, July 6th, 2023.
Mike Adams here, and I just want to say to the clever person who tipped me pie...
That is the Pi equivalent of Epic Cash on our new tipping system on Brighttown.com.
Yeah, I got it.
I saw that come through, 3.1415926535.
And I'm like, yep, somebody gets it.
Somebody knows Pi.
Somebody knew that I would know Pi, that I would see Pi.
And so now I'm acknowledging it here on the podcast.
Good one.
Nice.
Nice job.
You can communicate with numbers with people who are sufficiently geeky like those of us who know pi to 10 digits or whatever.
But anyway, good stuff.
So yeah, our tipping system is up and running on Brighteon.com.
So if you're a content creator on Brighteon, you have videos, you got a channel there.
Just remember, you can log in, go to your dashboard, go to your system settings, and then on the left-hand side, you can enter your receive wallet address for both Monero and Epic Cash, and that will cause a tip crypto button to appear beneath each one of your videos that the public can see, and then the public can click that button and they can send you crypto.
And you can even in your videos, you can tell people, hey, if you like my video, send me some crypto.
And it's, again, currently it's only, you know, privacy coins.
It's Monero and Epic right now.
But there are more coins coming.
Support for more coins.
So anyway, it's funny that we can communicate through numbers like this, right?
And these are, you know, 3.14159 epics.
What is that worth?
You know, like $2.50 or whatever.
It's not a huge amount, but it's actually really great to see that somebody knows those numbers.
So anyway, use the system and you can collect some tips from your followers and you can encourage them to start using privacy coins.
Now, we are going to be adding other coins coming up and we're interviewing the leaders of the projects of various privacy coins and, well, a lot of cool things coming up in terms of interviews on our new show, Decentralize TV.
Now, we just published episode two, which just went live yesterday.
And I'm going to, in fact, include that at the end of today's podcast.
That will be the interview for today.
And for that episode, I'm interviewing Attorney Jonathan Emord, who's running for the U.S. Senate for the state of Virginia.
And Jonathan Emord, who I've known for many years, he's a brilliant man, and not only is he a very effective lawyer, he's the one that's gone to battle against the FDA, and he's won with the Supreme Court, no less.
And he fights for health freedom and free speech and also financial freedom, which is the ability to control your own money.
And so in this interview, Jonathan Emord made some news, and he said that if he is elected to the U.S. Senate, He will, quote, vigorously defend your right to hold your own crypto, your own keys, your own coins, your own wallet, self-custody of your own digital money, and that he is opposed to central bank digital currencies.
So this is why we need to get Jonathan Emord into the United States Senate.
And he's running against Tim Kaine, who was Hillary Clinton's vice presidential pick during the 2016 election that Hillary lost to Badly.
Even though they cheated, they still couldn't win because Trump won by such a large margin.
Like, the Trump votes outvoted the cheating of the Democrats.
At least in 2016, they did.
So, Tim Kaine needs to be defeated politically.
So, you can go to emord4va.com and you can spell out for or you can use the numeral.
I think either way it works, but emord, E-M-O-R-D for VA, which is Virginia, You can sign up for his email list.
You can make a campaign donation.
You can even donate crypto.
There should be a link there on the donate button of how to donate crypto.
You do have to give your name.
There's Federal Elections Commission's rules about donors.
You've got to give your name and so on.
I don't know.
I haven't used the form myself, but you can check it out at his website, emord4va.com.
Now, today we are going to be talking about some really interesting things about finance and money and self-custody and so on, but I want to set the tone here and give you my big picture view of where I think things are headed in terms of money and finance. but I want to set the tone here and give So actually what I have for you today are 10 trends affecting your money, finance, currency, frankly, your financial survival.
10 trends, and these are absolutely critical to understand.
So let's go through these.
Trend number one is that the dollars that you hold and that you earn and that you save and so on are becoming, of course, less and less valuable due to massive money printing.
And I know you already know this, but we have to state this obvious point that, in other words, if you hold dollars, you're losing money every day.
And by my calculations, you're losing still about 2% per month, if you include food in that, by the way.
That number may vary month to month, but overall, it's about 2% of your purchasing power vanishing each month.
And that compounds month after month.
Ultimately, the dollar is going to zero in terms of its purchasing power, although that may take some time because of the massive number of dollars that are held and used by, in fact, other countries and businesses in other countries, and the fact that most of the world's debt is denominated in dollars.
So there's a massive dollar debt market, which one day will also turn against the whole system.
That'll be part of its downfall.
But anyway, point number one is remember that dollars are losing their value every single day.
Point number two is that globally, more and more countries are moving away from the dollar.
So we have de-dollarization as a very real trend.
And I know there's a lot of debate about this trend, but two years ago, almost nobody was talking about this.
You know, people like Andy Sheckman were talking about it with Miles Franklin.
I've interviewed him several times.
But, in fact, I'm going to invite Andy Sheckman on the show, Decentralized TV. Shankman was talking about this for many years, and only recently, in the last, let's say, six months, have other people begun to really understand that this is happening, and then there's a lot of debate about it.
Some people say that de-dollarization is really not a big deal, not happening, nothing to worry about.
Hey, I check the news headlines constantly, every day, holidays included, and it's almost every day that I see some other country dropping the dollar.
I mean, not entirely dropping the dollar, but dropping the dollar in trade settlements for certain types of commodities.
So you'll see India doing a deal with China to settle oil in yuan, or maybe not oil, whatever, copper, food, Or you'll see Turkey doing deals for oil in the yuan or in the ruble or whatever.
It's just every day, it seems, there's another piece of news about another country doing this.
And so the dollar itself is becoming less and less needed for international trade or international settlement.
So the fact that there is, let's say, waning global demand for dollars means that the dollars won't be as valuable in the future.
And that's in addition to all the dollars being printed, which is also making them less valuable.
So now we have two trends, two powerful global trends that are pulling in the same direction, which is the loss of purchasing power of dollars.
Now, we're going to continue through the list here, but you probably see where this is going.
Anybody who wants to have any assets left...
By the time this whole debt bomb implosion runs its course, you're gonna have to be in something other than dollars.
I mean, that's clear to anybody.
I was listening to an interview of Tom Luongo the other day, and super bright guy.
I've had him on before.
I've got to have him on again.
And he was saying something similar, but of course in a much more detailed way, that global de-dollarization is a major factor, and that people who want to preserve assets need to look at alternatives.
I'm not going to speak for Tom.
He can explain things in a much more detailed way, such as the Federal Reserve's war on the European dollars, or the Eurodollar, so to speak, or dollars in Europe, technically, and how the Federal Reserve is actually using the raising of interest rates to bring down, essentially, the European Central Bank, the ECB. So that's an interesting dynamic.
It's not even on my list.
But keep in mind, de-dollarization is real.
It is happening.
It doesn't mean the dollar is going to collapse tomorrow, but it will collapse, by the way.
It will collapse.
It's just a question of when.
Okay, point number three is that banks are increasingly insolvent.
And you probably know the reasons for this if you've listened to this broadcast.
We saw three or four bank failures this year in the United States, like Silicon Valley Bank and so on, Signature Bank, And a couple of others.
And the reason banks are increasingly insolvent, of course, is because they took customer deposits and they invested in long-term bonds with very low yields when interest rates were zero.
And so some of these, well, almost all the banks have customer deposits locked up in long-term debt that might yield only 1% or 1.5% or maybe half a percent.
And then when customers want their money out of these banks, those banks are forced to sell Those future bonds, future maturing bonds at a loss at the present valuation, which is some discount percentage off of the face value of the bonds.
And the result is the banks lose money every time somebody takes money out of the bank because they would have been better off to just hold your money and not put it in bonds.
But they didn't.
They played, you know, roulette with it.
They played poker with it.
And they made a bad bet on interest rates because as the Fed raised rates, then all these long-term low-yield bonds become increasingly discounted.
They're losing value from their face value.
They're losing, like, actual market value every single day.
So the more people take their money out of the banks, the more banks are going to fail for this very reason.
And this will be in place for years to come because interest rates are not going down.
In fact, there's probably another quarter of a percent interest rate increase from the Fed coming up, maybe next month and almost certainly this year.
So this trend is not going to reverse.
Okay, point number four.
There are more government and industry controls and limitations over what you're allowed to do with your own money.
So you are seeing now a trend towards limiting bank withdrawals.
Oh, you can only take out so much money.
You can't have cash.
You can't, you know, your ATM limits are being dropped in many cases.
Or there's increasingly narrow limits on how much you're allowed to wire.
Okay?
To wire out or ACH or debit card transactions or what have you.
And this is all in order to Narrow the exits.
Okay?
So if you really want to understand this point, it's about narrowing the exits.
You know how if there's a building on fire and everybody inside, let's say a rave party building like a warehouse starts going up in flames and everybody heads for the exits.
Well, you know, this is why you have fire codes because you have to have a sufficient number of exits so that everybody can get out in some reasonable time frame, you know, like 90 seconds or whatever.
But if you block off the exits, then not everybody can get out and then they get burned alive.
This is what's going to happen to your money in the banking system because the exits are being blocked with the limitations, the withdrawal limits and so on.
And frankly, after the Silicon Valley Bank collapse, there was a lot of talk in among the Fed, among Fed leaders to say that they need to enforce bank withdrawal limitations in order to slow people being able to take their money out.
Because they're saying that, well, word spread too quickly about Silicon Valley Bank being insolvent.
And because of the speed of social media and, you know, the Internet, that everybody learned about it very quickly and everybody took their money out.
All of a sudden, and the whole thing just collapsed in one weekend.
And, you know, there's there is an element of truth to the speed of information right now.
But again, it wouldn't have been a problem if they didn't take your money and place risky bets on interest rate sensitive debt instruments, right?
If they had just held your reserves, they wouldn't have had a problem.
But, of course, we live in a fractional reserve banking scam system, a giant fiat currency Ponzi scheme.
So, of course, they don't have your money.
And frankly, you don't even own the money.
When you deposit with a bank, you become a creditor.
And they don't have to give you your money back.
It's literally in the terms of service.
They can choose to give you your money if you ask for it, but they can also decide not to give you your money, especially if a lot of people ask for it all at the same time.
You know, like somebody gets word that, oh, this bank is going to go down, and everybody lines up to take their money out, or frankly, they just do it electronically on their mobile devices.
The bank can just say, oh, sorry, withdrawal limits are now only, you know, $4,000 a day or whatever.
Or less for cash, $400 a day.
So the limitations on your ability to move your own money are getting insane.
And by the way, once again, this speaks to the value of gold and silver and crypto.
Because if I want to take gold, let's say I have $100,000 in gold sitting in a A shoebox or something.
That's only 50 coins by this.
51 ounce coins.
There's no limit of how many coins I can sell you.
If I want to sell you 20 coins or 40 coins, there's no central authority that tells me, oh, it's too many coins!
Put them back in the box.
No.
I can sell you all whatever coins I want.
Because I have custody.
I have control.
Same thing with Bitcoin or crypto or privacy coins like Monero.
I can send you whatever number of coins I want.
There's no limit.
There's no central authority.
There's nobody that I have to get permission from.
This is why crypto is considered, you know, permissionless.
And so is gold.
And so is silver when it's in your possession.
And frankly, so is cash.
And I guess Hunter Biden would add, so is cocaine!
Permissionless, if he wants to carry cocaine and snort it up in the White House library...
He doesn't need permission from anybody.
In fact, the Secret Service will cover up the crimes for him, and so will the media.
So that's a special privilege right there.
That's the Biden crime family privilege.
You can convert cocaine into a party anywhere at any time without permission.
There you go.
I didn't know Hunter Biden was all about permissionless living.
That's interesting.
But jokes aside, you get my point.
If you're dealing in gold and silver or cash, actual green cash, or crypto, you don't need anybody's permission to move it around.
This is why I'm so thrilled to get out of the banking system as much as possible.
I've kind of shared this saga with you of how I'm trying to get money out of the banks And into gold and silver and crypto and all the little tribulations that I'm running into and like Kraken freezing my account and Gemini seizing my money and these centralized crypto exchanges just acting like an extension of Big Brother.
It's almost...
I mean, I have to laugh about it, too, because I can't sit here and fret over a few thousand dollars being seized by these companies.
I have to laugh about it because it proves my point over and over and over again.
This is why we have to have self-custody of everything that has value.
Gold, silver, crypto, bullets, gold.
You know, cash, whatever, garden seeds, not cocaine, we'll leave that to Hunter, but legal things is what I'm talking about, things that you can legally possess and control, and the most portable of those is digital private money, by the way.
So that's why I'm an advocate of digital private money.
All right, that was point number four.
So now point number five is that there is, of Of what you're doing with your money.
Now it's not just government surveillance, although that's a big element of it.
It's also, of course, big corporation surveillance, or the big banks in this case.
And I gave an example of this that happened to me, I don't know, a couple of months ago, where I was trying to...
Put a charge on my JPMorgan Chase credit card.
It's a $25 charge.
It was just a shipping charge from an online retailer that had the word gun in their name.
It's just like G-U-N was part of their name.
And yes, it's a company that does sell guns, but I wasn't buying a gun with this charge.
You can't buy a gun for $25.
I was just paying a shipping charge for accessories.
So They would not allow my charge to go through.
So in other words, J.P. Morgan is surveilling my purchases and selectively rejecting purchases from merchants that have the word gun in their name.
So now we're getting into an area where the corporations and also the governments, they can decide what things you're allowed to buy or not buy.
For example, what if the climate cultists take over the whole financial system and they say, well, you're not allowed to use our credit cards to buy gasoline?
So maybe they reject any charge from any gas station, any merchant that has the word gas in it.
Or maybe they just ban all the common gas station names, maybe Exxon or whatever all the names are.
And then suddenly you can't buy gas with credit cards.
Well, what happens if they start to have food rationing?
What if they say that you're not allowed to buy more than $500 worth of food a month on your card, whether it's a debit card or a credit card?
And it doesn't even matter what kind of food you're buying.
If your grocery purchases on the card hit 500, then they start rejecting your transactions.
Oh, you think that's not coming?
Just give it a few months.
Yeah, wait until the rationing kicks in.
And they'll figure out ways to stop people from buying food because they have to carry out famine and starvation and, of course, panic, psychological operations of fear, and so on.
So, you're going to see in the years ahead, actually just in the months ahead, more and more corporate and government surveillance over what you're doing with your money, and there will be an ever-expanding list of things that you're not allowed to buy, or you're not allowed to buy more than a certain amount.
Things related to fossil fuels or perhaps food, certainly guns and ammo, or maybe backup supplies, emergency medicine.
They might have all kinds of questions like, what are you doing buying this much baking soda?
Who needs all that baking soda?
They're going to start asking questions.
So, you know, another reason if you're a prepper, get prepped now before they put limits on all these things.
Like, what do you need with all that iodine?
And you're like, uh, because we're about to go into a nuclear war?
Of course I'm going to buy all this iodine, you know?
It's just common sense.
But that's point number five.
That's what they're going to do.
All right, point number six.
is of course this strong move away from cash.
Now remember that cash is largely anonymous.
Cash being a physical object doesn't report to the internet, doesn't have a history.
Cash is fully fungible.
If you have a hundred dollar bill And you hand it to someone, they don't know where that $100 bill has been, like in the presidential library in the White House, rolled up as a snorting straw or something.
They don't know, and it doesn't even matter.
Every $100 bill is pretty much the same as every other $100 bill.
That's fungibility.
And with cash, we all had that.
You know, we grew up with cash.
Like you go to, I don't know, some grocery store, you spend cash on something and it doesn't go in some ledger where they can determine, you know, how much food did you buy?
No, you just pay with cash.
I don't know, you go to a gas station and you buy cigarettes, let's say, with cash.
You know, nobody knows that you bought the cigarettes if you're like a secret smoker or something.
Nobody knows.
It doesn't go on a record or anything, but hey, in the future, Again, they may decide that you're not allowed to smoke more than $50 a month, which these days I don't think is very much because cigarettes, it's like 95% taxes or something, and then 5% tobacco costs.
But again, that's the government just taking money from everybody who wants to smoke for whatever reason.
Anyway, the point is that moving away from cash...
Is a big trend here, and they're going to try to make cash more and more difficult to use.
So at some sporting events and stadiums, they're no longer accepting cash.
Cards only!
Cards only!
I've heard about this in California, for example.
Also, during COVID, remember what they told us?
Oh, cash might be contaminated.
With the COVID, SARS-CoV-2, all the little spikes and whatever.
Don't touch the cash!
You know, that was just all this cover story to try to get everybody to move over to digital money so they could ultimately corral you into a central bank digital currency.
Turns out that, you know, the whole COVID pandemic was largely a psychological fear campaign to try to get everybody to take these jabs, and then the jabs is what does the damage, more than COVID itself.
Although, I gotta admit, they did pull off quite a Quite an elaborate and convincing campaign that even had me fooled for the early months in 2020.
But we ultimately figured out what they were doing, and now it's really obvious in retrospect.
So watch for more news saying that cash might be dangerous.
There's going to be maybe an Ebola outbreak or something, or some kind of new bird flu.
Some kind of hemorrhagic fever, virus, and you're gonna see, you know, the New York Times or NBC News with all these scare stories like, you know, Martha died after touching a $5 bill and her eyeballs bled out because she touched money.
Something like that.
You're going to see that.
So just recognize that's a fear campaign.
But it's designed to eliminate cash.
Point number seven is that we're seeing more demands now for universal basic income payouts.
And this includes, by the way, reparations demands, especially in California where they want to give millions of dollars to every person of color.
Which I always laugh because I think that would cause everybody in California to self-identify as a person of color.
Free millions of dollars?
Everybody's going to be black overnight because apparently there are no rules.
So I'm not sure how that's going to go.
But the big picture is that the governments are just trying to give away as much money as possible.
They're trying to flood money into the money supply.
On purpose.
It's like they're really trying to dilute the system.
And this is the only way that they can kind of...
It's like a Frankenstein moment.
It's more like a zombie, let's say.
They're trying to use the stimulus money to reanimate a zombie economy that, if left to its own under the current onerous regulatory rules and so on, The economy would collapse.
Again, it's because of government policies and money printing and all this nonsense.
I mean, if they just let the free market function and we had honest money, then everybody would be living in more abundance.
But because they're weaponizing the government and weaponizing the SEC and weaponizing the banks and printing money, they need to reanimate the zombie economy.
And the only way they can figure to do that is just keep giving money away.
That's really the big story behind the reparations.
It's not about justice for black people.
It's about a way to just thrust more money into the economy to try to reanimate consumer spending, to make restaurants...
Not go under.
To have consumer goods be purchased at Walmart and so on.
That's what it's really about.
That's what reparations are about.
And the stimulus money during COVID was another example of that.
And you're going to see more universal basic income experiments and giveaways and so on.
This is about, again, just re-injecting money into the zombie economy.
But, of course, it's diluting the value of your dollars the entire time.
So that's the problem with the reanimation of the zombie economy is that those of you who are productive workers and earners and you actually produce something for society and you get compensated for that in dollars, well your dollars are becoming worthless because all the zombies are getting free money.
You know?
For real.
Alright, that was point number seven.
Point number eight is you're going to see more confiscation of money from people, from their bank accounts, and from businesses.
And if you don't believe me, there have been many cases reported in the media of these extreme Marxist left-wing mayors and governors in some cases in states like Illinois and New York and, you know, of course, California and so on.
So many news articles I've seen about this where they want to take...
Oh, Colorado, I think, was one case.
They want to take money from white-owned businesses and they want to give it to black-owned businesses.
So this is confiscation and reparations.
And they literally want to do this based on race.
So if you have a restaurant and you're white, or you claim to be white, because frankly, all of our ancestors are from Africa at one point or another, if you go back far enough, we're all Afro-Americans.
It turns out, and that's why I accurately state that my ancestry is Afro-Irish Native American, which is true, from Africa, from Ireland, and also Native Americans from North America.
That's me.
I'm Afro-Irish Native American.
But people would probably try to take money.
If I had a small restaurant or something or dry cleaning business or whatever...
They would come along and they'd say, you're white, you know, because they can tell by looking at you because that's how racist they are.
You're white, we're going to take all your money, you know, and it's a crazy liberal lunatic Marxist mob that's just going to come in and take all your money or they'll just extract it out of your business bank account and then they'll give it to their friends who claim to be people of color, whether they are or not.
So you're going to see a lot more confiscation, not just IRS confiscation, but more local confiscation, taking money from people because they're white or because they're Christian or because they're conservatives.
They're going to find more and more ways to take money from people like the IRS, by the way, just demanded that the Kraken exchange turn over all the transactions and trades and social security numbers of everybody on the Kraken exchange.
I think up to the year 2020.
It's so that the IRS can confiscate money from these people.
They just want to take money from as many people as possible.
And so think about it.
More theft, this is government theft, more confiscation, combined, which is taking money from you, obviously, combined with the devaluation of the money due to money printing, universal basic income, And the de-dollarization globally, which decreases demand for dollars, which decreases their value internationally.
The bottom line is, you're going to be left with less money, and the money you have left will have less value.
So you're getting double-screwed.
It's like you're in the middle of a screw sandwich.
There's like...
You're the middle layer inside a screw sandwich.
There's like a screw layer above you and below you like the pieces of bread on a sandwich.
And you're the cheese.
And you're getting completely screwed by the system because you're in a screw sandwich.
So get ready for that because that's coming.
I'm going to find more ways to take money from you.
And then point number nine is they're going to be rolling out central bank digital currencies.
You already know this.
but understand that part of the side effect of having the CBDCs is that they will find more ways to confiscate more money from you.
Because there's a lot of the economy that currently is carried out in cash.
And frankly, a lot of people, you know, don't pay taxes on it, don't report taxes.
I don't know, people who have booths at farmers markets and they're selling, you know, homemade pumpkin pie or whatever.
Do you think they're paying tax on all that cash that they're getting?
Probably not.
Probably not.
But if it's all central bank digital currencies and all your money is monitored, then There's no cash transactions that won't be taxed.
Even if you have a neighborhood kid come over and mow your lawn for $20 or whatever, you pay him $20.
Now, with a $20 bill, and the IRS doesn't know, the kid doesn't report income, he just keeps the $20.
But in the future, under CBDC, that's going to be a taxable event, you see.
The kid's going to be probably automatically taxed as the IRS deducts automatically out of your digital wallet everything that they claim that you might have received as income.
Right?
So even, let's say, a family member gives you a gift of $500 and it shows up in your wallet.
The IRS is going to say, well, that must be income.
We're going to take, you know, 40% or whatever.
Even though you're like, no, it's a gift, but you're going to have to prove it's a gift to get the money back because they're going to take it first.
It's kind of like guilty until proven innocent.
Right?
So that's point number nine.
And then point number ten is that there is, of course, going to be some level of continued war on crypto.
And this war is currently being waged from the SEC with Gary Gensler there.
But I suspect, I mean, the IRS is in on this.
The IRS has put out...
They want to try to figure out a way to hack privacy coins and figure out how much money people are holding in their privacy coins, which, frankly, is mathematically impossible.
But the IRS doesn't know that yet.
They're going to find out.
They'll probably spend a couple of billion dollars to find out what I just told you, that you can't do it unless you can crack really complex encryption millions of times a second or something.
They're not going to be able to crack it.
But they're going to blow a lot of money trying to do this.
They hate crypto.
They hate people having control over their own money.
And frankly, the banking system hates crypto too.
Now, there's an interesting twist to this, which is that Bitcoin is probably going to be considered okay by the banking system because, well, the banks want something else to sell people.
They want to sell people Bitcoin and collect the commissions on that.
But interestingly, like with Fidelity right now, I think you can buy Bitcoin there, but they never actually give you the Bitcoin.
It's just an entry in your account.
Like, oh, you buy five Bitcoins, and it just shows, oh, you have five Bitcoins.
But where are the Bitcoins?
Can you send me the coins?
Can you put them in my wallet?
Can I have custody?
Oh, no, no, no, no.
You misunderstand, Mr.
Customer or Mrs.
Customer.
You don't get custody of the coins.
We have custody of the coins.
We just tell you that we have these coins on your behalf, which is kind of the same thing that fractional reserve banks do.
Effectively, they're saying that they're not even really selling you Bitcoin.
They're just selling you the imagination of Bitcoin, but you could never actually have the coins.
It's kind of like selling you receipts for gold, which is really how paper currency came about, by the way.
It was a receipt for a deposit of gold or silver.
And then these receipts, which were claims to certain quantities of gold, these receipts were then recognized as having value themselves because they were essentially bearer instruments where you could go to the bank, let's say, and trade in that instrument for the equivalent amount of gold.
People started trading these instruments with each other.
And it became a form of cash.
But I wouldn't trust banks to actually hold the crypto.
I would take custody of the crypto.
And you should too.
You should always demand custody.
So I'm not going to buy a single sliver of Bitcoin from BlackRock, ETFs or Fidelity or anything where I don't have custody of the coin.
It's as simple as that.
So just understand this war on crypto is going to accelerate.
I think it will ultimately fail.
I don't think they can stop privacy coins.
I don't think that the governments of the world can stop Bitcoin, nor can they stop Monero or other decentralized systems of value that are borderless, that are permissionless, and that don't have a corporation behind them.
I mean, who can the government even target Who do they take down?
There's nobody to target.
It's decentralized code that runs.
All right, so that's the list of 10 trends that you need to, I think, really understand in order to protect your assets.
Now, allow me to add an additional explanation to this that I think will be, your mind will really pop open about this.
I mean, this is a big aha type of thing.
Now, and it shows why the fiat currency banking system is a failure and why it can't compete with peer-to-peer decentralized finance in the long run.
Now think about this.
Remember how, I don't know, a couple of years ago I was encouraging everybody to become literate in using just the basics of a crypto wallet, know how to receive a little bit of Bitcoin, know how to send it, know how the wallets work and what is a seed phrase and so on.
Just become familiar with how to send and receive.
What's a QR code?
How do you send digital money to each other?
It's really critical to understand these basic skills, okay?
In the modern age, this is as important as it was to learn how to balance a checking account when we were younger.
Remember that was a skill?
Do you know how to balance your checkbook?
It was just addition and subtraction.
And if you didn't know how to do that, then some people would run out of money and some people were idiots.
They're like, how can I be overdrawn?
I still have checks left in my checkbook.
They didn't understand that the balance has to be Let's just use Bitcoin for the example here because it's the most common.
When you send Bitcoin to someone, technically you're not actually sending them anything.
You're actually posting to the blockchain.
That this other person has ownership and control over that slice of Bitcoin.
That's all you're doing.
You're not actually sending anything to them.
But once this transaction clears, which takes a certain number of confirmations from the nodes that run the network...
And let's just say five confirmations on average, which could take a few minutes.
Once it is confirmed and cleared and it's actually made immutable, the transaction is part of the blockchain, it can never be altered.
That makes that transaction non-reversible.
You can't undo that transaction.
No one can.
Once you send Bitcoin to someone, you can't get it back.
Or you can't cancel the send, in other words.
Or once somebody sends you Bitcoin, they have no way to take it back.
If they did, Bitcoin wouldn't be very useful.
Right?
And also, this is why transactions in Bitcoin can clear in, you know, 10 or 20 or 30 minutes, whatever it happens to be.
And with other coins, it can even be faster.
But once they're cleared and the number of confirmations has been reached, it's immutable.
It's done.
It's permanent.
That transaction is, you can trust it because it cannot be reversed.
Mathematically, it can't be reversed.
Now, compare that to the fiat currency system.
If you send a wire to somebody, did you know that there are ways to cancel that wire and get the money back?
You can claim it was fraud, for example.
You can claim that you were forced to send it under duress.
You can claim that your account was hacked or whatever.
And if you give somebody permission to withdraw money out of your bank account using ACH, which is electronic check withdrawal, You know why companies don't trust an ACH withdrawal right away?
Why do they hold your deposit for 7 days or 10 days or whatever?
You know why?
Because ACH can also be reversed.
That's right.
It can be reversed even a week later.
And you know why credit card transactions aren't fully trusted either?
Because they can be reversed.
It's called chargebacks.
So, have you ever had somebody make a fraudulent charge on your credit card that you didn't recognize and you call the issuing bank and you're like, I don't even recognize this.
What is this charge?
And they're like, no problem, we'll take that off.
And they reverse the charge.
And, you know, they make you sign some paperwork or something to affirm that you didn't do that charge and whatever.
But they can reverse it.
So in the fiat currency banking system, almost everything is reversible.
A wire transfer is reversible.
ACH is reversible.
A check deposit is reversible.
And did you know that check deposits in some cases can be reversed even four months later?
Like somebody sends you a check, you deposit it, you think you have the money, and then three or four months later, Because of some crazy thing that happened on the sender's side, they can take that money out of your account.
For example, if that money was sent in relation to some kind of a criminal activity, it can be seized by the government, taken out of your account, even due to no fault of yours.
Or there are clawback rules, certain kinds of lawsuits, certain types of criminal seizures and so on.
My point is that in the fiat currency banking system, money isn't permanent.
It's all kind of wishy-washy.
You can't trust a deposit or a transaction, a wire, a check.
You can't trust any of it.
Because the fiat currency banking system doesn't make things immutable.
It doesn't make things really permanent.
It's a ledger.
Your bank account balance is a ledger that's stored by the bank.
If you bank with J.P. Morgan, for example, the bank has the database.
That's the ledger.
That database says how much money you have there.
And if they screw up that database, like Bank of America seems to do every couple of months, then your money might vanish, or your deposit might vanish, or you might have a double withdrawal charge.
That happens from time to time at these various banks, you see.
So because these ledgers are centralized...
It's hard to trust them.
And because fiat currency in the banking system is almost always reversible, then who can trust any of the transactions?
So how do you run an economy on a currency that transactions are never really final, or at least not in any kind of a convenient time frame?
If you can't trust a check from a customer for months, how do you conduct business?
So what happens is, in the entire economy, the speed of business slows down because of the non-permanence of the transactions in the banking system.
Because, you know, you can't really honor somebody's deposit right away because you don't know if the money's good.
You don't know if it's going to stay.
So if somebody sends you a check, you deposit the check, you've got to hold it for a few days, right?
Before you, let's say, ship them their products.
If you're an e-commerce or a retailer, you know, you can't just ship it out right away.
You've got to see if the check clears first, and that can take a few days.
And even after that, the check can be reversed.
But compare that with the world of crypto.
In crypto, as I explained earlier, the transactions are permanent.
They are rapid.
They are immutable.
Now, compare this.
Let's say if you do an ACH deposit into, let's say, Coinbase, they can hold your money for 10 business days.
That's two weeks.
They're waiting to make sure that the ACH doesn't get reversed.
Basically, they're waiting for confirmations, in a sense.
That tells them that that deposit is real and that it actually counts.
That takes 10 days in the banking system.
In crypto, it might only take 10 minutes.
You see the difference?
In crypto, okay, let's say in Bitcoin, let's say it's 20 minutes or 30 minutes.
Sometimes it could be longer.
It could be an hour, whatever.
In other coins, it could be less than 10 minutes.
But crypto is so much faster than fiat currency banking.
In fiat currency banking, you wait days for things to, quote, clear.
It's not that they're involved in any clearing, it's just that the receiving party is waiting to make sure that you don't reverse it.
That's really what they're waiting for.
That's the process of clearing, just sitting there and waiting for days, which is stupid for an economy.
Whereas with crypto, boom, it's done in, let's say, 30 minutes.
So if you have an economy that runs on peer-to-peer decentralized digital money, i.e.
cryptocurrency, things can actually move more quickly.
If I take an order from somebody and I get paid in Bitcoin, I can ship out that order the same day with full confidence that they can't claw back that Bitcoin, you see?
Or, if a supplier, if I have to order something from a supplier, let's say a truckload of, you know, pinto beans or something, and if I pay the supplier in Bitcoin, the supplier doesn't have to worry about any risk associated with that transaction.
The supplier can take my Bitcoin, here it is, you know, 2.4 Bitcoin.
And boom, they can say, that's awesome, I'm sending out the pinto beans because I got the money.
It's done and they can't reverse it, you see?
So they can have confidence to ship out the beans.
This kind of thing, I mean, this is what we need to understand.
An economy that runs on crypto is way more efficient Much faster and more viable than an economy that runs on fiat currency and a broken banking system where nothing is ever permanent and things just don't work.
So not only is the fiat currency banking system broken and also dishonest, by the way, because they keep printing more money, which is stealing value from you.
And think about the 10 points that I mentioned earlier, just printing money and confiscating money and limiting your use of your own money and so on.
These are all horrible properties of the banking system.
But on top of that, The way the banking system currently operates because of the reversibility of transactions, it's like slamming the brakes on economic activity.
You understand?
So you think about the GDP of a nation.
The GDP, gross domestic product.
The GDP is being held back because America is running on a slow, outdated, fraudulent, dishonest fiat currency ledger system that is actually harming the economic abundance of everyone.
So when people in California talk about reparations, like they want people of color to have more money, guess what?
The answer is simple.
We can have more money for everyone.
End the Fed.
Stop the fiat currency money printing.
And simply move the whole country to honest money, which is an honest ledger, decentralized finance, where transactions are permanent and not reversible.
And the economy would accelerate like a race car, like a drag car going down the raceway there.
The economy would take off because everything could happen more quickly because suddenly transactions are permanent within 30 minutes instead of 10 days or whatever.
Suddenly there's more trust between vendors and buyers and customers and consumers.
Not that they trust each other, but they trust in the system of the transactions, which interestingly is a trustless system itself.
In other words, by trustless, it means you don't have to trust the other party Because the algorithms and the math achieve the factors of trust themselves.
You don't have to trust people.
You just have to trust that code executes and that numbers work and that cryptography is based on real math and so on.
You don't have to trust the other party.
Because, you know, thank God.
Because, you know, if you have to trust other people, then the economy is going to be really, really slow.
You have to have a system that transcends trust.
Where somebody sends you, you know, two Bitcoins, you know you got them.
And it's done.
And they can't take them back.
And that does not exist in the banking system.
That only exists in decentralized finance.
Plus, of course, DeFi has all these other properties that I mentioned, which is private digital money, privacy coins, borderless, you can send transactions anywhere across the world, censorship proof, no government can shut down...
Central servers that run the blockchain, because there are no central servers that run it.
It's decentralized by its very nature.
And so on and so forth.
You know, it's portable, you can carry money in your head by memorizing your seed phrase and things like that.
And this is why countries that choose to embrace crypto will experience a resurgence of abundance.
Like a golden age.
And countries that then try to ban and outlaw crypto and force everybody into CBDCs and surveillance systems and dishonest ledgers run by money printing central banksters that are confiscating purchasing power from all the people.
Those countries are going to go into the dumpster, economically speaking.
Poverty will be widespread.
And this is why I bring up the issue of reparations.
You want to help black people in America have an honest money system so that black business owners don't have their money confiscated or degraded by a dishonest central bank or a dishonest government.
You want to help black people?
Guess what?
It's the same answer to help everybody.
You want to help all of humanity?
Honest money.
And honest money will never be found in national currencies because every government We'll have the desire, the inescapable desire, the temptation to print and print and print.
They can't help themselves.
They're like crack addicts.
They gotta have more money because that's where their power comes from.
Now they'll work with their central banks or what have you, but it's basically government working with the central banks like a quasi-government organization printing money.
And as long as that exists, people will be impoverished.
So you will never find freedom under a fiat currency system.
Never.
And it's never happened in history, by the way.
And that's why fiat currencies always fail, because they just can't stop printing.
The only way you will find freedom on a planetary scale for the world, for the future of human civilization, is to have an honest ledger system where no one person is in control, no one government is in control, where they can't just create new money out of thin air, And add it to the supply like they can with dollars.
A system that is immutable, so transactions can't be reversed.
A system that is censorship-proof and confiscation-proof.
And frankly, there are not very many systems like that.
And private digital money is, frankly, the best fit for that.
Private digital money.
Not even Bitcoin itself, but privacy coins.
Private digital money.
Now, you could argue gold and silver that way, too, and that's true, but again, gold and silver are very difficult to transact remotely or to send across the Internet.
Now, gold and silver have lots of other advantages, and that's why, of course, I'm a big advocate of gold and silver.
But digital crypto is where humanity is going to find freedom.
Freedom from tyranny.
Freedom from the money printers.
And we're going to have to make a decision in America and across Western Europe and other regions of the world.
We're going to have to make a decision.
Do we want to live...
As wage slaves or fiat currency slaves under a system, an oppressive surveillance rigged government that steals your money and prints their own money and uses that money to run psychological operations to keep you enslaved and keep you sick and diseased and injected and all these other things?
Or do you want to live under a system of economic abundance and freedom where people of any color, of any religion, of any orientation can keep the money they earn?
And then they alone get to decide what to do with that money.
They get to decide.
You get to decide.
If you want to send some to somebody or receive some, or if you want to save some in cold storage or whatever, it's up to you because it's your money under your control, your custody.
And that's what Jonathan Emord said.
That's the interview coming up here.
And that's what I support.
And that's what my co-host Todd Pitner supports on our show, Decentralized TV. And that's what all the advocates of private digital money actually support.
And that's why the future of human freedom in terms of finances is going to be found in the three things that I'm mentioning here, gold and silver and crypto.
It's now as clear as day.
And the people out there who stay in dollars are going to lose their shirts and their homes and their pensions and their life savings and so on.
They're going to lose everything.
And the difference between those who lose everything and those who keep everything is simply knowledge.
The knowledge like what I'm sharing with you right now.
The knowledge that's shared by people like Guy at Coin Bureau.
The knowledge that Todd and I are covering in our new show, decentralized.tv.
This is knowledge.
Once you have this knowledge, you can make yourself immune to losing your money To the currency wars and the confiscation wars and whatever else the government has up its sleeve, a giant rug pull on fiat currency.
And you can put yourself in the category of people after the Great Reset happens, you will be in the category of people who have assets versus those who lose everything.
There's going to be a whole lot of those because, let's face it, the typical person Has no idea what we're talking about here.
They don't even recognize gold.
People don't know what silver is, amazingly.
A lot of people don't know what is private digital money.
A lot of people think Bitcoin is private digital money, and it isn't.
So I promise you, this knowledge will save your assets as you learn it and apply it In a wise way, in a conservative way, a fiscally conservative way to reduce risk.
I mean, you want to take a risk?
Hold dollars.
You have a 100% chance of losing purchasing power every day.
That's a risk.
Anybody out there saying, no, you should hold dollars because they're the most stable thing.
They're riskless.
No, they're not.
You are guaranteed to lose money or purchasing power if you hold dollars.
Guaranteed every day.
To avert risk, you have to get out of something that's losing money every day.
It's kind of obvious.
It should be common sense.
And you have to get into something that will either hold value or perhaps gain value as more and more people embrace it over time when they realize the value of Things like gold or silver or private digital money.
They begin to value their privacy maybe as the confiscation wars really accelerate.
Or they begin to value gold more and more as the dollar kicks into hyperinflation and groceries double in price every six months or faster.
Because that's coming too.
Knowledge can save you.
And that's the job of our show, is to give you this knowledge as best we can and help you navigate this scene so that you don't lose your assets, so that you actually can preserve what you've worked so hard to earn.
And that's exactly what this is all about.
So let me just remind you that in upcoming episodes, we're going to be interviewing project leaders on several fascinating projects focused on private digital money.
And these are, frankly, I can think of two interviews coming up that are just top of the world, like two of the brightest people.
Two of the most promising projects on the planet.
And there might be a third one coming in as well.
But what we are going to be able to present to you in terms of projects that are revolutionary.
I mean, it's going to change history.
With the way people interact with each other, the way people buy, sell, and trade, the way people store assets, the way people protect their privacy, it's truly what I'm seeing and the people that I'm talking to even pre-interview, there's a revolution underway.
And it's in its infancy right now.
There are things that are being built right now that as they are rolled out, they will be as game-changing to the future of the world as, let's say, the invention of Microsoft Windows.
That's how big this is.
That's how monumental this is.
And as more banks fail and dollars lose value and inflation gets worse and confiscation accelerates, I see more and more people heading for the exits out of the banking system.
Every bank that fails is going to be another reminder to every person out there paying attention that, hey, if you want to have any money left whatsoever, you're going to have to find a different way to To have assets.
Because it's not working in these banks.
You know, FDIC insurance or otherwise.
Who cares?
So the bank loses your money and then the government prints more money to bail out the money you lost in the bank that's losing money every day anyway because they keep printing more money every day anyway.
I mean, it's insane.
The system's completely insane.
And it's going to go to zero.
So don't be there when that happens.
Alright, with that said, I'd like to go to the interview next with Jonathan Emort.
And this is episode 2 of Decentralize TV. I think you're going to really appreciate this episode.
I want to remind you of our preparedness products at HealthRangerStore.com and Thank you for your support and also remind you that if you want to continue to support our operations, if you find value in this information, then continue to shop with us.
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I think I did.
So that's a lot of testing that we do.
We just got our backup ICP-MS instrument back online.
We were down to one instrument for a couple of weeks.
on the ICP side, which is heavy metals.
I don't know why I'm even sharing this.
It's kind of a little inside baseball.
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So one of them was down, and we were down to one, which is a little bit of a bottleneck for us.
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I think the bill, the repair bill was only like $15,000 or something like that.
These things are not cheap to operate, let me tell you.
I'm going to give you a tour, like a walkthrough tour, I think, coming up pretty soon.
Once we get our new dioxin testing system fully installed, I'm going to give you a walkthrough, show you all the different ICP-MS, the mass spec instruments that we have.
Actually, only two are ICP. We also have LC-MS, and then we have triple-quad mass spec, and then gas chromatography mass spec is the newest one for dioxin testing.
I'm going to give you a walkthrough, show you this whole thing, because it's been upgraded a lot since I filmed in there last, a few years ago.
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With that said, let's jump into the interview here with Jonathan Emord, which is Episode 2 of Decentralize.TV.
Thanks for listening.
Welcome to Decentralize.TV.
I'm Mike Adams, the founder of Brighteon.com, the free speech video platform and...
And we are, through this new show, this is episode two, we are building the infrastructure of human freedom.
And our special guest today is Attorney Jonathan Emord, who has been known in the past, I'm not sure if he likes his nickname, but the FDA Dragon Slayer, I think is what he's been called.
He is running for the United States Senate in Virginia.
He's been a freedom fighter for the American people through the rule of law for many, many years, and he is accepting cryptocurrency donations in line with federal regulations for his campaign, and he supports ideas such as decentralization, liberty, and personal privacy.
So my co-host today is Todd Pitner.
I'll introduce Todd here in just a minute, but first let me welcome Attorney Jonathan Imour to the show.
Welcome, Jonathan.
Great to have you on.
Great to be with you, Mike.
Thank you for joining us.
And my co-host today, as in show one, is Todd Pitner.
Welcome, Todd.
Great to have you on board.
Thank you.
Really excited about this.
Really excited to meet you, Jonathan.
Awesome to have you both here.
So, all right, let's start with...
Now, Todd, you'll have the chance to ask Jonathan Emore lots of questions as well, and I've got a few myself, but let's start out with...
Jonathan, please introduce yourself for those watching this show who may not be familiar with who you are, what you stand for, and this is a show about decentralization, not specifically about politics, but about liberty.
So, Why are you running for the Senate and what do you stand for that matters for us all?
Well, I'm running for the United States Senate because I believe that within the next two to three years, if we don't fundamentally change the direction of the government, that we will be seeing our constitutional republic finally transformed into a socialist dictatorship.
We are witnessing the most extraordinary expansion of federal power into the lives of Americans and In our history, and if this is the direction that continues, I'm afraid that freedom will be extinguished in our great country, and so that's why I'm entering this race.
I don't like the swamp.
I don't want to swim in it.
I want to get there and drain it.
I do want to be a person who is fighting for the freedoms of our generation, next generation, We were given that sacred obligation by George Washington.
He called it the sacred fire of liberty, which he said had to be rekindled with each generation.
Yeah, so I'm entering this race, have entered this race precisely because I think that there is a critical need for those who understand deeply the Constitution, the regulatory state, and how to dismantle the regulatory state to get into that business and to introduce the legislation necessary to restore the Constitution's limits on government power and to recreate an environment in which freedom reigns.
And we've got to get back to that.
Now, this is really outstanding to hear, Jonathan, because regardless of political leanings of you or myself or Todd...
What you are talking about is of great interest right now to everybody who's involved in the world of cryptocurrency or decentralization technology.
And I think for many years, a lot of those people believed that they were safe from government regulation.
Not anymore, because of Gary Gensler and the SEC and the banking system and CBDCs.
So talk to us if you would, please.
And Todd, I'll give you a chance to chime in with your questions.
But Jonathan, talk to us about what are your thoughts on What looks like the SEC with the banks attempting to regulate, possibly destroy crypto, certainly to dominate it.
What do you think are the goals behind this, Jonathan?
Well, I think that just as in the case of the dollar being a fiat currency, the federal government very jealously guards its role as the gatekeeper and controller of currency.
And so independent currencies, that is private currencies and private means by which to transfer, exchange, purchase and invest, frighten the dickens out of them because the cryptocurrency marketplace is going to mushroom and people are going to be independently acting without frighten the dickens out of them because the cryptocurrency marketplace is going to mushroom and people are going to be
And so that poses a threat to the powers that be and it's expressing itself by a rather hurried effort on the part of regulators to see if they can find some way to restrain and limit the growth of this industry and to substitute for it a federal fiat currency, a federal fiat digital currency.
And that would be, of course, ruinous because one of the greatest things that we have for our expression of freedom It is a magnificent opportunity not only to liberate people from federal restraints,
but also to ensure for the first time in world history a global private currency that each person can function like a bank, each person can make their own investing decisions without having to interact with government.
You state it so clearly, and Todd, your turn to chime in, but I just want to bring your attention to the fact that Jonathan Emord, I love...
Jonathan, you're a poet.
Every time you speak, it's so eloquent and such clarity about the issues.
Todd, what are you thinking as you hear Jonathan?
As I heard that, I'm sitting here thinking, I have been covering private money, private cryptocurrency for two and a half years.
And what he just articulated...
I'm going to go back and I'm just going to handwrite notes and transcribe it because it was like I couldn't say it any better than I've been at it for two and a half years.
That was beautiful.
I would love to just ask a macro question and then I'd like to be able to get into CBDCs and ask you some questions there.
The macro one, because I don't run in the circles where I know somebody running for Senate.
My question is this.
To me, as just a 50-year-old dude, it seems to me like government today is so corrupt that elected officials, or those who we think are elected, It seems like they're selected, not elected, because the thumbs on the scale are from very, very wealthy people who kind of, I think, control the media and the narrative.
So you are in for an uphill battle, and I admire you for taking this on, and I want to be able to support you personally with private crypto.
But please tell me, are government officials, in your point of view, Selected or elected, honestly.
Well, we have an intense competition between those who are supported by grassroots efforts, as well as individuals who are well-heeled, and an institutionalized corporate estate that operates in America.
You've got a whole industry, largely on K Street, Washington, D.C., Where you have lobbyists who are there for big business and they lobby the Congress and they lobby the regulatory agencies to get regulations and laws in place to create barriers to market entry and protect the vested interests of these institutions.
You have those on the one hand and then on the other hand you have In the case of Soros, sort of a one-man band who is massively wealthy and believes that his fundamental objective should be the total destruction of the United States.
And he's the principal financial backer of the Democrat Party today and of leading candidates.
So you're quite right.
There are nefarious influences that work against the Constitution and the rule of law that do fundamentally affect us and alter our destiny.
But it's calling those things out, being direct about it, And being independent and strong and fighting for the Constitution that is not just an option for us who believe in freedom.
It's a necessity.
So if we're going to save our country, we've got to fight this and we have to be honest about it and recognize that indeed the regulatory state is a victim of capture by big business.
And is serving the interests of those who have the resources in big business and is acting against our interests.
And one great example of that is the Federal Food and Drug Administration.
Which for years has approved unsafe drugs over the objection of medical reviewers in the agency and has protected drug companies even when those drugs have caused massive injury in the public.
And we just went through this episode in spades with COVID and the COVID vaccine and we still are suffering from it.
So yes, there's a lot to be said.
What you're hitting on is real, and it's profound, and it's very, very damaging, and it has been eroding away at our constitutional rights and protections for many, many years.
Jonathan, I want to give out your website.
It's emord, E-M-O-R-D, for VA, as in Virginia.
So emord, F-O-R-V-A dot com.
And that's where people can find out more about your candidacy.
And although it's not on here at the day that we're filming this, I understand from some of your campaign people that you're going to be accepting cryptocurrency as campaign donations.
Now, that's something that others have also announced, such as RFK Jr.
and so on.
Can you just talk to us a little bit about that decision to accept crypto, why you think that's important?
Well, I think that we have to support cryptocurrency.
We have to support individual freedom over your own money and separation of government from the business of basically controlling, directing and determining how we invest through influences such as, you know, interest rates and through their control through the Federal Reserve over the future of the dollar and the relative availability of Of that source of money.
So my decision to have the campaign do is very simple.
I believe in it.
And as a consequence, I wanted to be able to accept it.
And I had put this ball in motion earlier, and we're perfecting it for your program so that people can make donations to our campaign.
But you can count on me as one who, in the United States Senate, will vigorously defend the right to have this form of private currency and to keep government out of the way.
Wow.
Well, there's the quote for the whole show right there, that you as a U.S. Senator.
Yeah, I want to hear your thoughts, Todd.
But if Jonathan Imord becomes the next Senator from Virginia, then he will vigorously defend your right to private cryptocurrency.
What do you think about that, Todd?
I think that is music to my ears.
Jonathan, I lived in Richmond, Virginia for years, and I live in Tampa now, and I now kind of want to move back to Richmond so that I can vote for you.
You know, in my crypto studies over the last two and a half years, We went through a series called The Quest for Superior Money, and we compared a couple of digital assets, crypto assets to gold, to Federal Reserve notes, and to CBDCs.
And through that process of taking a look at all of the attributes of superior money, if you could just start from scratch and build it, It was really interesting to me to compare private crypto to CBDCs.
Would you agree with me, Jonathan?
I believe when you think about what is surveillance disguised as money?
And I think the answer is CBDCs.
Would you agree?
I would.
One of the greatest fears I have is that government gets into the business of making the currency a fiat digital currency and having total control and a bird's eye view into every interaction we have.
So once the government controls that space, you end up with a situation where there is no privacy at all.
And every action you take, every interaction you take, We'll be able to be tracked and moreover, as we know from the ESG emphasis, there's already afoot a movement to basically punish anyone who has conservative views or libertarian views by denying them access to their own currency,
their own resources, and furthermore by denying them access to loans and to opportunities for business transactions.
And to structuring their businesses, actually, and to even controlling shareholders' investments.
So this is a gross distortion of the market and a massive threat to individual liberty and freedom of choice.
So we've got to act against it.
We cannot have the government in the business of controlling the currency.
You've really nailed something important here, Jonathan, and I want to thank you for bringing it up in this way.
We were allowed to spend our money in almost any way that we chose, where money wasn't a surveillance system.
Even though banking records could be subpoenaed, it was only typically by a judge's order, a search warrant, something like that.
But now we have...
Slowly transitioned under authoritarianism to a system where the powers that be are seeking to roll out a central bank digital currency that constantly surveils and limits your ability to use money.
To have limits on food purchases or specifically meat purchases for climate reasons or whatever justification they want to give us.
They could say you can't purchase gasoline because it's a fossil fuel.
They could say you've purchased too much food, but you can't purchase a firearm, for example.
This is where it's going, and it's like we're sleepwalking into this.
Isn't this a very dangerous, dangerous move?
Into tyranny?
It sure is.
It's like an old dystopian movie where you had, you know, Orwellian kind of features, and it indeed is that thing.
I mean, this brave new world, to use Aldous Huxley's terminology is upon us.
And we've seen it even before digital currency.
I mean, we've seen it arise with the government's emphasis on banks asking us questions about the intended use of our resources before they allow us access to funds above a certain dollar amount.
That's going on right now.
And it's part and parcel of this bigger movement.
This ESG movement is really well on its way.
So, of course, one of the greatest threats is when the government controls the digital currency as it wishes to and becomes the super surveillance state and a super controller, that it will be able to direct our actions such that it will punish us that it will be able to direct our actions such that it will punish us if we act against the
So you have a situation where individuals who want to develop fossil fuels or are engaged in business with fossil fuels and want to have international relations with those companies that may develop things with fossil fuels may find themselves with State Department and FBI and DoJ and regulatory agencies across the board influencing the pressures that are placed upon
them to not do it, such as denying you access to your own money or to limiting your access to loans.
This is a totalitarianism.
This is beyond socialism.
This is Marxism writ large where you have totalitarianism.
We see this happening now in China.
This very model.
And they're trying desperately to introduce it here.
Yes.
Yeah, Todd, go ahead.
You want to chime in there?
Yeah, I just wanted to, for the audience, I always try to rewind a little bit and be able to educate folks who may not really understand what is a CBDC, central bank digital currency.
First and foremost, it is a four-letter word.
And let me share with you just some attributes of a CBDC so that it hits home.
First of all, it's an unlimited supply.
So when you talk about your purchasing power, it is going to be very susceptible to inflation.
It is centralized.
So you have, you know, it's basically...
Ruled by rulers.
And that's always very dangerous, especially when there are brown paper bags at the highest levels at stake.
It's an opaque monetary policy.
I'm sorry, what are the brown paper bags?
What are you referring to?
What is that?
Oh, it just might be somebody that might say, hey, you know, can you program that money?
Because CBDCs are programmable money.
Can you program it to where Jonathan, he has to limit his carbon footprint, so he's only allowed two stakes per month.
And so after the first two stakes, he bought the first week for he and his wife.
You know, the fourth week, yeah, that transaction's going to be restricted.
It's not going to be able to go through.
Well, those people who have greater agendas, you know, they receive little brown paper bags from the powers that do.
Oh, like payoffs.
Yeah!
Okay, I just couldn't quite track that reference.
I was thinking of people putting bags over their heads for some reason.
Yeah!
But maybe that's more appropriate.
That was COVID. But anyway, also CBDCs are closed.
They're permissioned.
You have to have permission for it.
And there's always risk of seizure.
We all know about bail-ins, right?
But they'll program the money to where if they give you this helicopter money, ultimately, you have to be able to spend it by the end of the month or within two months, or it's spend it or lose it.
And it is so privacy invasive.
That's another attribute.
And above all else, it just enables censorship.
So that's what you get.
Yeah, let's ask Jonathan to respond to that.
So, yeah, surveillance, programmable money, a level of control and tyranny that none of us have ever lived under before.
Quite right.
I mean, what we have with this is the digital revolution enables us to have such a thing as an NSA state, which we presently have, enabling the government through algorithms to monitor communications from people through digital means across the Internet enabling the government through algorithms to monitor communications from people through digital means across
We see that with the reach of the NSA into private correspondence and communication, allegedly for the purpose of fulfilling their duties under the Patriot Act and under national security directives from the White House.
But of course it has been very dangerous.
It has violated the civil liberties of American people without an establishment of probable cause that a crime has been committed.
This then is a magnification of that, to the extent that every single transaction you make would be monitored and be able to be categorized.
It's either consistent with various national objectives and policies and laws or inconsistent with it, raising a red flag, at which point it would instantaneously trigger responses such as pressure to limit the amount of available credit or conversely would open up the channels of credit and give you benefits and opportunities.
So this is a police state over your dollar, over your resources, over your Finances in a way that we have never seen in the history of our country, and it's really economic tyranny.
That's what it is.
Ah, yeah.
Well said.
Economic tyranny.
We're seeing the early signs of that right now with ESG scoring of corporations, and we saw recently how tobacco companies were able to achieve a very high ESG score while You know, oil companies are not.
And so there's a rating system that affects the cost of acquiring credit, you know, bank loans or the cost of those loans or even hiring people and so on.
But, Jonathan, as we move into this attempt to place this onto people...
I've got to ask you, because I think you're a good gauge of human behavior.
You've dealt with a lot of court cases.
You've argued a lot of issues.
You've won on a lot of issues.
You understand economics and so on.
Do you think that the people will just accept that?
A central bank digital currency system, a government digital wallet, probably tied to a universal basic income, like here's free money as long as you use our system.
How successful, or do you think it will fail, or how successful do you think that system would even be once they attempt to roll it out?
I think they will roll it out in a manner that really Louis Brandeis spoke to, even though I don't agree with Louis Brandeis on most things.
I do appreciate a quote he has, which is,"...beware of insidious encroachment by men of zeal, well intended but without understanding." The insidious encroachment is what's likely to happen.
In other words, we already see it happening where you have difficulty getting money without having to explain what it's for to a bank that then has to report to the federal government information about you.
On all of your transactions, over $10,000 and so on.
And that whole approach, I think people have slowly become accustomed to.
There's no riding in the streets over it, for example.
So if the government proceeds in this way, incrementally, And does so based on one platitude or another.
We must do this in order to protect the environment.
We must do this in order to ensure that you are not inadvertently contributing to an enterprise that we consider criminal, et cetera, et cetera, et cetera.
They may be able to achieve a good part of this simply by duping people into it.
What I'm hoping happens is that people like me can raise the alarm loud enough, if I get that Senate platform, be able to alert people, that this is not something they've ever seen before and, in fact, greatly invades their privacy and can readily be manipulated by those in power for their advantage and to the disadvantage greatly invades their privacy and can readily be manipulated by those in power
I mean, it is conceivable that all types of actions of people, whether it's related to voting or protesting actions, all of this could be hampered or hamstrung to such a great extent.
I mean, imagine not being able to get into a cab Or on a train?
Or on an airplane?
Simply because of your political views?
Or because your expenditure suggests that you are supporting causes or individuals that the government objects to?
I mean, this is the kind of heavy-handed totalitarianism that this enables.
We cannot have, we must never allow, a federal fiat digital economy.
Currency cannot allow that.
We want private digital currency.
We want it to flourish because that is an expression of individual freedom and liberty and it's consistent with our constitution and protection of economic liberty.
And political liberty.
But if we do not stop this movement to both suppress the private rise of digital currency and to enhance and overwhelm it with a public digital currency that's controlled by the government, We are going to witness the loss of freedom happen.
And I think the risk of it, I think that the players on the other side recognize that if they push it entirely into place rapidly, they will evoke, they will cause a major popular reaction.
So I suspect they'll do it sector by sector and they'll do it With a public interest veneer that they put upon it that they think will cause the population to basically go along like sheep in the presence of wolves, just unaware of their presence.
Wolves in sheep's cloth.
Wow.
Jonathan, I'm known as Tadradamus, and I have a vision right now, and that is that there might be something called a pandemic or plandemic or something to where...
Cash is the carrier of a boogie virus.
And I can imagine that there could be such a scare out there to where everybody is just brainwashed by mainstream television to where that cash can kill you.
It'll kill grandma, you know?
And I don't know about you, but I kind of witnessed it starting in 2020 that A lot of people started wearing, you know, face coverings.
And so I don't...
My imagination can actually go there to where people would be so afraid of their cash.
But good news, they can take their cash into the bank.
And you have $1,000 of cash, not only are you going to get $1,000 of digital currencies, but there's going to be the bonus of you doing that.
You'll actually get $1,100 worth.
And then all of a sudden, it's just step by step, incrementally, cash starts to disappear.
And once that happens, and it's just those initial steps, right, to be able to get this mass adoption of these CBDCs, that's kind of how I think they may go about getting it, because they already went through the dry run of how they can strike fear into every person out there.
Fear is one of the most effective means by which government can induce people to give up their rights without a fight.
If you terrify people, they will readily follow you.
If you tell them, if you actually cause them to believe that something beyond their control May fundamentally alter their existence, may cause them to lose their life or will cause them to be constricted dramatically in their ability to move about.
They will listen to you if they believe what you say and you present it in a credible manner, even if it's false.
And many will be induced to give up their freedom to do exactly what you want them to do.
And of course, that's what we saw during COVID with the masking you're talking about, with this hysteria that first it was 60 percent had to be vaccinated.
Then it was 80 percent.
Then it's everyone, everyone in the country, everyone and their dog.
Basically, if you had any living thing in your family that was human, it had to be vaccinated no matter how young.
And this was horrendous, all sorts of horrors.
But the biggest thing that it did in long term was condition the American people to give up their liberty in the presence of a crisis.
So as soon as they start ringing the bell of an emergency and of circumstances beyond your control, they tried this with climate change, and they've consistently worked on that.
to try to induce people to believe that the world is coming to an end when historically we've had these calls since the 60s and they've proven themselves not just wrong but dead wrong and we're here and the environment's doing fabulously and so while there are environmental threats indeed there is not a fundamental change in the universe such that tomorrow will all be dead And if you look at their predictions,
we should have been dead two decades or three decades ago, four decades ago, we should have been dead last year, and we should be dead now.
But miraculously, we're not.
But they scared the living daylights out of a number of people.
Who have done such things as get rid of automobiles, they won't drive on them, they live in a little hermit somewhere hut, and they eat little shavings of one kind or another that they can find out of roots in their backyard.
I mean, this is what you do to people.
You cause them to be petrified so that they'll give up modern conveniences.
They will not use a stove.
They will not use air conditioning.
They will be frozen in the winter and burn up in the summer and think that that's all well and good because humans have to be punished in order to save nature.
I've got a burning question for you on this, but thank you for explaining that, Jonathan.
I think you're right on.
The power to create money To print fiat currency, which frankly technically isn't exactly money.
But let's say the power to print money is the power to control or the power to destroy.
And under a central bank digital currency system, The government itself, or perhaps with the central bank, would have unlimited power to create unlimited digital currency.
Now, contrast that, if you would please, against peer-to-peer cryptocurrency, which has strictly limited supplies that are algorithmically I think Monero works that way.
And more importantly, no government in the world can...
Sort of invade the Bitcoin blockchain and just create 20 million more Bitcoins, right?
But they can do that with digital currency that they control.
What are the implications of the fact that government can create this digital currency versus in peer-to-peer systems where you cannot just counterfeit it?
So with digital currency, you have this enormous rapidity with transactions and with the ability to create more money if it's the government in control of it.
So the government can overnight create Venezuela kind of inflation.
Simply by electing to increase the supply and vastly do that to the extent that it devalues the relative worth of a fiat currency.
And they can choose to do this for one reason or another.
It controls people.
It certainly puts burdens on the backs of working class people and Middle-income people and can oftentimes inflate the value and wealth of others depending on their investments.
So we've always seen this with the Federal Reserve in controlling money.
But notice the difference here.
The Federal Reserve, when it causes money to be printed, Or when it causes money to be restricted by controlling the money supply with increasing interest rates, that that whole thing playing with the money supply has a time period where it lags to a degree.
If you have a fiat digital currency with the government, then their decisions about these things will have instantaneous impact.
It will be virtually instantaneous.
It'll happen overnight and people will suddenly see if they're inflating the currency, the price of all goods and services to rise very dramatically.
And quickly.
So that contrasted with private currency, of course.
When people are in control of their own money, they exercise that wealth and the wealth generation associated with it with prudence to ensure that not only that they are able to Finance and pay for the things that they want, but the recipient of it too is under a degree of control because to the extent that his pricing deviates from what the market rate is in relative competition, he's going to face a swift rebuke by having the purchaser go to someone else.
And this becomes also more rapid in a digital environment.
But unlike the government, which bases its decision about the relative availability and use of a supply of cash in the market based on political decisions that benefit necessarily one class against another or one group of people against another,
the purity of the private system goes all the way back to Adam Smith and the Wealth of Nations, that it's not through the benevolence of the butcher or the baker that you receive Your meat and bread, but by his pursuit of his own self-interest.
And so you do get good quality bread and you do get good quality meat precisely because that's what you want as a consumer.
And if he shorts you or cheats you, you will not go back to that seller.
In the case of the government, the shorting and the cheating can go on for political reasons, and you have no control over it.
You simply can't stop it.
So there's a great deal of much more.
There's certainly fraud, of course, and that's prosecutable by the government, regardless of what type of currency we use.
But in the ordinary course, Americans and people from around the world who want to engage in transactions will do so based on a perception of their own respective self-interest.
And that in and of itself has a control aspect that is not affected by random political determinations that affect the entire marketplace.
So that's the huge difference and we've witnessed private currencies even to this day in the United States but all throughout our history Where private currencies have really worked far better in eliminating problems for people than when the government gets involved.
The notion of runaway inflation is a byproduct of government We saw the downfall of Britain during the colonial era in no small measure because of war spending.
They spent to a profligate extent and they destroyed their currency.
They created inflation.
And we see the same thing with Venezuela now.
We see the same thing really all over the world in the colonial era.
We had unchecked printing of currency, which was by government.
What about, I'm sorry to interrupt, but what about the printing going on right now in the U.S.? I mean, we're over $32 trillion in debt, and the printing, it's, I mean, it was high under Obama.
It went even higher under Trump, and now it's crazy high, like insanely high under Biden.
Doesn't this end?
Yes.
Well, this ends in disaster.
You're not only forfeiting the opportunities for future generations.
When you have $32 trillion plus in debt like we have right now, it is indeed totally unsustainable, and it expresses itself in greater and greater levels of inflation and greater insecurity and devaluation of the dollar.
Increasingly then we become a party that is so much in debt and has to spend so much money to finance that debt that the rest of the world loses faith in relying on the United States or to have us have the reserve currency for the world.
The effect of losing the reserve currency is one that will impoverish every American.
And we'll make it far more difficult for us to live.
So we live as a superpower only because we are the reserve currency for the world, because the world views us as a source of stability and assurance.
Or they did previously, anyway.
Yeah, right now, we already see the movement afoot to replace the dollar with the Chinese currency in Africa and in Europe and in Southeast Asia, really the whole world.
So we have to stop that, and the best way to do it is to return to sound fiscal policy, to dramatically cut government spending, to reduce taxation too, ironically, but to reduce taxation Both for individuals and corporations to grow the economic pie.
We learned that lesson from Kennedy and his tax cuts, from Ronald Reagan and his tax cuts, that actually when you take a nation that's heavily taxed and regulated like we are, and you substantially reduce taxation and regulation, you create an economic boom And that that can lead to private sector determinations that grow the economy magnificently.
We are ingenious when unregulated to develop such things as, you know, Computer technology and so on that can actually enable us to make wealth, grow the pie.
Biden treats the economy as if it is a fix-sum game, that you aren't going to be able to grow the pie.
He's viewing our country as having its best days in the past, not in the future, and so he's actually preparing us to collapse.
The whole idea of taking the fossil fuel backbone of the American economy and crushing it is suicidal.
But he proceeds along that course because apparently he's reconciled to the notion that we will or are going to become a third world country.
Of course, that's not guaranteed to happen and will not happen if we pursue an alternative agenda which invites freedom and expands as much as possible the private sector and diminishes as much as possible the public.
All right.
Todd, you get the last question for our guest today, Jonathan Emord, and then we'll have a discussion after that.
But go ahead, Todd.
Yeah, bottom line, I think we need to stop using the network's money if we can, anytime we can.
But I just have really more of a request, Jonathan, which is...
If we could get your campaign manager's contact info and the suggestion box, I would like to suggest that you pivot from running for Senate and run for president.
I have loved every word that you've said.
I'm just sitting here thinking, I don't want to be rude, but I should have taken out my notebook and started just taking notes and becoming a student.
I love you, man.
I love you, man.
You are going to be so good for Virginia.
And Mike, I know I speak for you as well, but we'll do anything we can to support you.
Well, thank you so much.
I'm really humbled by what you had to say.
And I just know that all of us, all of us, People who love freedom realize that this is the 11th hour and we have to take a stand.
We have to fight because if we don't, we're going to lose everything.
And I believe that the greatest days for our country are ahead of us, but this is the pivotal moment.
And we have to really ensure that our country returns to its constitutional moorings and that we allow the private sector to flourish.
If we do, China becomes no longer a major issue.
If we have the resources because of our freedom and we stand up for that and make us again a bastion of liberty, the last best hope for freedom on earth, as Abraham Lincoln put it, We will prevail.
We will overcome every obstacle to freedom and progress.
But we cannot allow this mindset that's leading, we talked about today in spades, that's leading to totalitarianism.
We've got to stop it.
And it has to be stopped now because the threat is here.
And it's now, and it's expansively in our face.
I mean, it really is happening.
Well, it's people like you, Jonathan, in the United States Senate who can be game changers.
A lot of these decisions come down to one or two votes in the Senate.
So the website, folks, is emordforva.com, E-M-O-R-D-F-O-R-V-A.com.
And there will be crypto donation options available at the donate button here shortly, perhaps by the time you see this.
And there are requirements, by the way, set by the federal government for when you donate anything, like you have to give your name and so on.
So there are no large-scale private donations directly to candidates.
That's just part of the election rules.
But I want to mention too, Jonathan, that you're going to be a guest coming up on my show, my regular show, Brighton Broadcast News.
Later in July, we've got a special event planned.
I'll keep people in the loop about that.
But I want to thank you for your time today, Jonathan, and give you the opportunity for any final thoughts.
You want to wrap this up for us today?
What your campaign stands for in terms of money and privacy and currency?
Well, freedom, freedom of choice, individual choice, and the right to retain what is your own.
You know, Thomas Jefferson put it best, and this is something we can all live by.
He defined the sum of good government.
He said, a wise and frugal government shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned.
And he described that as the sum of good government.
It was the sum of good government then when he said it.
And it remains the sum of good government today.
We must get back to those foundational principles.
If we do, we will prosper and we will be free.
And that's what we need to give, not only to ourselves, but also to every generation of Americans to come.
Well, well said.
I mean, expertly said.
So, folks, it's Jonathan Emord for Senate.
If you are in Virginia, be prepared to vote for Jonathan Emord.
And you can also donate to his campaign from anywhere in the country as an American.
You have the right to do that.
And what are the individual donation limits?
Is it like $3,000-something million?
For a couple, for both the primary and the general, I think it's $13,300.
It's half that for one primary or the general.
And it is also, that's for a couple, and it's a half of that, I believe, for an individual.
Okay.
So anyhow, the limits are there.
You'll see them on emord4va.com.
But yes, if people can donate digital currency, that would be great.
Bitcoin's tremendous.
And I think we need to establish ourselves with this program as a champion for receipt of that kind of resource in favor of a campaign for liberty.
I think if you believe in your digital currency and your rights to freedom associated with it, it's important to donate to this cause because this is the cause that will defend your rights.
So thank you so much, Mike, for having me on.
I've appreciated the opportunity to talk about this important issue.
Thank you, Jonathan.
We greatly appreciate you.
We'll let you go now, and Todd and I are going to continue.
We'll talk about you after you leave, but we'll say nice things.
So we appreciate you.
Have a great rest of the day.
Okay.
Cheers.
Take care, Jonathan.
So, Todd, wow.
I mean, is that man amazing or what?
My gosh.
I'm just humbled.
I'm like, okay, let me see.
How can I take this 10-word question and make it just three words so he can talk longer?
Yeah.
I know.
He's so eloquent and he really understands the issues.
But in a bigger picture perspective, and you and I can spend a few minutes on discussion now, but how exciting is it that for this campaign cycle right now, we have so many candidates for the first time talking about cryptocurrency.
And now, you know, RFK Jr.
talked about Bitcoin.
He spoke at the Bitcoin conference.
Yeah.
But Jonathan Emord talks about private digital currency.
Private money.
Right?
Yeah.
So that's like another level of understanding the issues.
Yes, yes, yes.
No, that was such a pleasure.
And right now, I'm just sitting here waiting for, what did you say, sometime in July you're going to have him back on your show?
I can't wait to watch that.
Yeah, actually, yeah, we have kind of a live streaming event planned with Jonathan in July.
I don't know the exact date yet, but we're going to make that happen.
I'm just doing that to help him gain publicity.
We want to use our technology to help restore human liberty and freedom, and there's no better champion than Jonathan Emord.
And like I shared, I lived in Richmond, Virginia for four years and I still have a lot of friends there and I am going to hit all of them up and send them a link to this video and say, you have to watch this man.
You have to listen to him speak and you have to vote for him.
You have to support him.
I don't care which side of the aisle you're on.
If you didn't listen to him and weren't inspired, I don't think you can fog a mirror.
Well, let me bring up a practical matter, too, that comes to mind in all of this.
The reason privacy-oriented digital currency matters for these kinds of donations and elections is the more that you understand that election donations might be surveilled or tracked or that the regime in power may not like it if you donate to certain candidates.
This is why you don't want To use Bitcoin, for example, because that donation, you know, once the receive address of a Bitcoin wallet for Jonathan Imord is known, then the government can surveil everybody who donated to that wallet.
Mike, talk about the Canadian truckers.
Yeah, it's the same scenario, right?
So people wanted to donate to the Canadian truckers, the peaceful protests during COVID. And, you know, Justin Trudeau and the Canadian government said, oh, we're going to freeze your bank accounts because you donated $50.
And they did.
They froze people's bank accounts.
And they also tried to block certain Bitcoin wallets.
And they actually put out an announcement to the crypto exchanges to not honor transactions from these specific Bitcoin wallets.
And again, I kind of go back to analogies.
For me, if you donate in Bitcoin, it's like you using the restroom with a clear door on it.
I mean, you're surveilled.
People are going to know that you're going to...
They will know that you donated to a certain person.
And if you have the powers to be that are centralized and want you to have permission to be able to donate anything, otherwise, you know, they may seize your assets and invade your privacy and censor you.
What we were talking about here are the CBDCs.
And in a weird kind of way, in the world of Cryptocurrency, when it comes to donations to political causes, it's caveat emptor, buyer beware.
You need to make sure that you figure out how to be able to get into private crypto so that you protect yourself, so that you don't have somebody.
Yeah, go ahead.
Well, and this is critical to understand, is that And again, I know experts in this field already know all this, but bear with me because we have a lot of relatively new viewers and users.
But on a Bitcoin blockchain, a copy of the ledger is stored on every node.
And it's very transparent.
Anybody can look at the blockchain and they can analyze your wallet ID has been used to receive money from who or to send money to who.
And they can link it back through multiple steps and they can see everything about you.
It's like being naked.
Whereas privacy crypto, such as Monero or others, and we're going to be interviewing a lot of people from different projects, privacy crypto does not reveal Your wallet ID, especially the MembleWimble blockchain, does not reveal the wallet ID at all.
In Monero, your ID is hidden among other transactions, so nobody can tell it's you in particular.
And there are different ways that different projects address this, but no one can then trace your wallet and see what you did before or who you donated to.
So if you're going to donate to a candidate that the government doesn't like, And this could be America, it could be Canada, it could be Iran, Venezuela, you know, North Korea, you name it.
If you're going to donate to a candidate the government doesn't like, it might make you a target of the regime.
That happens all the time.
Cuba, Venezuela, whatever.
China.
You need to make sure that you donate in privacy crypto so that it cannot be linked back to you.
Period.
Whereas if you use a credit card or a check, it can always be linked back to you.
That's right.
Right?
Now, yeah, go ahead.
Go ahead.
I was just going to segue into something else.
Okay, no, but you can chime in.
But, you know, every episode here, we demonstrate a skill for people.
So I do want to get to that.
Today's skill is going to be using a swap system.
A SimpleSwap, in this case, is actually called SimpleSwap.
Again, they're not a sponsor.
We always disclose if anybody is.
SimpleSwap.io is the website that I'm showing here.
And it allows you to swap Bitcoin for other coins.
So in this case, you can swap Bitcoin for Monero.
But you can pick your own coin.
I mean, it's got Zcash and Ethereum and Probably hundreds of others.
I've never even heard of most of these.
But you can swap for all kinds of coin.
And also Change Now is another swap, right?
Yep.
And Change Lee and what are some of the others out there?
There's godex.io, which I like a lot.
Yeah, yeah.
So there's a lot of swap services.
And what you do is you send them Bitcoin and then in semi-real time, they send you back the coin that you want.
And there's an exchange rate.
And these different exchanges, they compete on the efficiency of their exchange.
To give you, you know, more coins while still they get a little bit of profit from the exchange.
And it, you know, depends on the coin you're getting and the volume and so on.
But if people are wondering, like, how do I get a privacy coin?
It's simple.
First, you buy Bitcoin.
You can get Bitcoin on any KYC exchange.
You can go to KuCoin or Coinbase or Gemini or Binance or wherever, and you buy some Bitcoin, and then you use a service like this.
I mean, this is the simplest way, simpleswap.io, and you can trade Bitcoin for Monero, in this case, or other privacy coins.
Now, once it's in...
I'm going to use Monero as an example because it's the highest volume.
But no, Monero is not a sponsor of the show.
The sponsor is actually the Satellite Phone Store.
We'll talk about them in a second.
You get Monero, and now that goes into your Monero wallet, the chain of traceability is now broken.
No one can track your Monero any longer because Monero is a private coin, just like the project that you worked with, Epic, or Firo or other private coin projects.
That chain is broken from that point forward.
You are now non-surveillable.
Make sense?
So I just want to show that, Todd.
Go ahead.
And I just want to kind of rewind and let people know, if you don't think surveillance is important to the powers that be within Bitcoin, Bitcoin is a half trillion dollar asset.
So...
Blockstream, which is the company out there that they make their living surveilling transactions, they are a $20 billion company.
So imagine that.
$20 billion in revenues just to be able to surveil your spending and the blockchain.
So it's a big deal.
And guess who's receiving?
Guess who's paying for that?
Three-letter agencies, banks, etc.
So that's why breaking that chain of custody into privacy is really going to be a muscle that you must exercise in the future.
Yeah, yeah, absolutely.
But one of the key points that our guest Jonathan Imor brought up is that if we don't, I mean, we're going to have to choose a system.
And the choice is either going to be a central bank digital currency system, right?
I mean, all money, well, not all, but most money is going to go digital because of the ease of use and so on.
You're either going to have to choose government money, which is a surveillance system, or you're going to choose private money.
Private money, which is peer-to-peer decentralized cryptocurrency.
Or perhaps you could trade gold and silver with people locally, which is fine as well.
Or you could mail gold to somebody and get something in return, but it's cumbersome.
And it's risky.
What if it disappears?
The U.S. Postal Service isn't that great about a lot of things.
You send cryptocurrency to somebody, especially on the Mimblewimble blockchain, for example, you know it's going to get there.
It's not going to be lost in between.
And it's secure, reliable, trustless.
You don't need to trust anybody to do it.
But isn't it true, Todd, that each and every one of us is going to have to choose what kind of money system we want to operate in?
And one system sucks, and that's the government system.
Yeah, I think being a pragmatist, that it's going to be both and.
I don't think it's ever going to be the case to where we're going to be able to escape the network's money entirely, just because of convenience.
When you say the network, what are you meaning?
I'm talking about the Druid Babylonian Bastard Bankster Network.
Okay.
The banking cartels.
Okay.
The banking cartels network, the Fed, you know, just the ones who control the money now and the ones who are pushing the CBDCs and all roads seem to go back to, you know, a one world government, you know, the World Economic Forum, just all the tentacles that are out there that are looking to control digital money.
I believe we are going to, just by default, I don't know what percentage of our net worth we're going to have to engage in there, probably not a ton, but we have to build utility for private money. but we have to build utility for private money.
There is power in private money right now.
And it is this show that we're hoping to be able to educate you on, not just the how, but the why you need to get in there.
And I think our guest today, Mike, Just clearly described it.
I mean, I cannot wait to listen to this again, again with my student notebook out and take some notes.
But I love him.
I'm assigning this video to my editors to write this up because what Jonathan Amor said was so eloquent.
A couple of programming notes.
So, folks, first of all, the website for this show is decentralized.tv.
And there you can find all the show episodes posted.
Plus you can sign up for our email announcement list.
And the reason that matters...
It's because we will send you an email as each new episode goes live so you can be the first to see it and you'll be among the first to know who's our guest and who we're talking to or what project we're talking about.
And it's to your convenience to get that email as soon as it goes live.
So that's one thing.
And then we'll also have all the links to our social media channels there.
As well as how you can reach us.
Now, I just want to mention, too, that the next two episodes, Todd, I think you're traveling.
You're taking a vacation somewhere.
I have not taken a vacation for like three years.
Are you going in a submarine?
Are you going down to the bottom of the ocean in a dangerous sub?
Is that what you're doing?
I hope not.
Too soon?
But you're going to be missing for two episodes, is my point.
Yes, sadly, I'm going to be missing for two episodes.
But I will be back like a good rat.
I promise you, Mike.
Okay, you're going to be back.
And also, by the way, that Friday, I think I'm nailing an interview with a crypto project lead who lives over, I don't know if it's Asia or the Middle East.
I think it's Asia.
But I have to do that interview at like 10 p.m.
at night.
Is that Ruben with Fero?
I have to check the schedule.
It might be Fero.
But it's a 10 p.m.
deal, so I'm not even going to be in the studio at that time because my crew doesn't work at 10 p.m.
So I'll be doing that from my home studio.
It won't look as flashy with all the studio stuff here.
But nevertheless...
We have some fascinating episodes coming up, and you'll be back, Todd, from your round-the-world trip.
Are you taking a balloon, or what are you doing?
You know, I'm going down to Costa Rica.
I have a buddy who just retired.
He bought a home down there, and we're going to go deep-sea fishing.
You're kidding me!
No, I'm super excited about that.
You are going in the ocean.
I almost guessed that one.
You did.
You did.
But not in a five-seater.
Not in a dangerous, kind of sketchy submarine?
Yeah.
Made with kind of sketchy carbon fiber?
No, sir.
You don't want to go down to 13,000 feet?
I hear it's nice and dark and cold down there.
It is.
And you know what they're requesting on the radio?
What?
Air supply.
Air supply.
God, man.
That's totally uncalled for.
I'm sorry.
You can edit that out.
No, no.
We're going to keep it.
You're done now.
You get to deal with the feedback on that one.
No, no.
I'll deal with it over the next two weeks, everyone.
Just go ahead and send it to my hate mail.
That's fine.
Okay.
Well, how about this?
Even if your submarine goes down as long as you still have bandwidth, you could receive crypto as you're sinking.
Yes.
It's possible.
I can.
I mean, you may not have air, but if you have bandwidth, you could still die wealthy.
Take the coins with you.
Yeah, I might have difficulty remembering my seed words down there, but that's okay.
They're etched.
They're etched in places.
Oh, man.
No, no.
We wish you well, and you're going to have a blast, and I know you'll have a lot of fun.
But you're not doing scuba diving, huh?
No scuba diving.
No scuba?
No.
Just good old-fashioned deep-sea fishing.
All right.
Well, good for you.
That sounds like fun.
In the meantime, I just want to remind folks that the upcoming episodes, we're going to be interviewing founders and experts on a number of different projects that are all about decentralized living.
And our guest today is kind of an unusual guest, being that he's running for the Senate.
That's the only guest we have scheduled that is actually a candidate for political office.
For the most part, this show is apolitical.
But whenever a potential senator loves cryptocurrency, we would invite them on.
And I've interviewed RFK Jr.
before, and possibly I'll reach out to his crew and see if he wants to come on the show and talk about cryptocurrency as well.
That would be fascinating.
And any other candidates that will support this, I think Trump supports cryptocurrency.
I haven't asked his press secretary yet, but I can do that later.
So anyway, Todd, final thoughts about wrapping up today's show.
Yeah, we're doing good on time, but we've got a couple of minutes.
So what do you want to say?
So impressed.
I do want to invite everyone, if you want to be able to find me, I really like Telegram, and you can visit me at t.me forward slash epicprivatemoney.
Epicprivatemoney.
Great community there where we talk about not just epic, but epicprivatemoney, which is an open invitation to, if you are a project, Monero, Monero, Thero, Grand Bean,
we want you in that community to come talk and educate the community to be able to just talk about how we can change our lives by stop using the network's money, as I said, and let's start transacting value for value with private cryptocurrencies.
But Mike, what a pleasure that has been.
We have two down.
Two down, Mike, and I think they've gone great.
I can't wait to get back.
I know you are going to do amazing things with the next two interviews.
I can't wait to watch them myself, but I thank you again for asking me to be your co-host, and I just can't wait to see where this program goes.
Give us a year, and I think we're going to...
Maybe.
Change the world.
Yeah, we're going to miss you on the next couple of episodes, but you will be back, assuming the swordfish don't drag you under or something.
Right.
In the meantime, you mentioned your channel.
Let me plug something on our platform, Brighteon.com.
So if you go to Brighteon.com, we now support cryptocurrency tipping across the entire platform.
I mentioned this on the last show, but it's worth repeating.
So if you go to any of my videos, because I've entered my currently Monero wallet receive address in the dashboard, you'll see there's a button here that says Tip Crypto.
If you click that, currently it displays a Monero QR code and address.
This is going to be expanded to other coins.
Including, by the way, once Epic is fully integrated with ChangeNow, then Epic will be on here.
You'll be able to tip with Epic.
You'll be able to tip with other coins, privacy coins.
And so as we meet more people and have more interesting projects, we will incorporate those coins into the system.
So if you as a content creator, you want to start receiving...
You know, tips in cryptocurrency, you can do that on brighttown.com right now.
Just tell users in your video, hey, if you like this video, send us some crypto love, and the mechanism is right there.
And you keep 100%, by the way.
We don't even take not even a fraction of a percent.
That's amazing.
And that's because we don't even know about the transaction.
Quick question.
Yeah.
What if everything hits the fan and we don't have electricity and our cell phones don't work?
I mean, do we have a sponsor for this show?
Yeah, thanks for bringing that up.
I almost forgot to mention, the sponsor is a satellite phone store, sat123.com.
And even though they're not peer-to-peer, obviously, they are off-grid.
In other words, their phones and their two-way satellite text messaging devices, such as this bivvy stick right here, these devices work when the cell towers are down.
And even when your local power grid is down, this is a backup means of communication that is a lot less centralized.
For example, your geolocation is not easily obtained when you're using your satellite communications devices.
Although you can turn on, with the bivvy stick, you can turn on your GPS location for your buddies to know where you are.
We have a lot of friends in law enforcement and special ops that use them on purpose for that.
So that they know, like, hey, if I vanish, come find me and here's where I am, you know?
That kind of thing.
Because they're running interesting missions here and there.
Right.
But Satellite Phone Store is the place to get this.
Again, sat123.com.
We thank them for their support for this show.
And again, the website is decentralized.tv.
So that's a wrap, Todd.
What a great show.
And we had a great guest.
We had a lot of fun.
Thanks for joining me.
Yeah.
You're welcome.
This has just been so fun.
Thank you for the last two episodes, and I can't wait for the next ones.
Many more yet to come.
This is just the very beginning, and we'll even have probably upgraded graphics and everything for the next show.
So we're working on it.
But thank you, folks, for watching and for sharing this show.
Again, check us out at decentralized.tv.
That's the website.
Feel free to share this episode and you can comment on it in our comment system at brighteon.com.
I'm Mike Adams, the founder of Brighteon and a strong believer in decentralized living or, as I say, building the infrastructure for human freedom.
That's what we're doing here at Brighteon and with this show.
Thank you, Todd.
It's been a lot of fun.
Take care.
You are welcome.
Cheers.
Thank you for watching.
Everybody, be safe.
Take care.
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