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Dec. 16, 2022 - X22 Report
18:13
Ep. 2949a - The Economic Transition Has Begun, How Do You Introduce Digital Wallets?
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2949A and today's date is December 15th, 2022 and the title of the episode is The Economic Transition Has Begun.
How do you introduce digital wallets?
Let's talk about being prepared.
Let's get into the economic collapse financial news.
Now, Trump and the Patriots, they just made a major move.
Trump made two announcements today, and I do believe one was the real announcement.
The other one was kind of a head fake.
But we're going to be talking about that one announcement because I think there's something very, very important in what he did.
He actually introduced everyone to digital wallets.
And I do believe this is the beginning.
Many people don't even know what a digital wallet is.
But now, as Trump made his announcement where you want to get his trading cards, you need to get a digital wallet.
I do believe this is the beginning of the transition into a different currency, and he's bringing the people with him.
And I do believe this is exactly what is going to be taking place as we move forward.
Now, don't get me wrong.
Gold is going to play a very important part in transitioning into a new system.
Remember, gold has been around for many, many years.
I'm talking about thousands of years.
It is money.
It's a confidence builder.
And I do believe in the end that gold is going to destroy the Fed.
But once again, you can't carry around gold.
It's a great store of wealth.
And I do believe we're in the digital age, and I do believe Trump is trying to bring everyone on board.
Now, he's not just going to come out and say, everyone, everyone move to Bitcoin right now.
That would be a complete and utter disaster.
Most people probably wouldn't even move.
Now people are getting the introduction, the first lesson of getting a digital wallet.
And I do believe this is just the beginning.
We'll be talking about that a little bit later.
But we could see what the Biden administration is doing right now.
They are continuing their agenda, moving forward with the Green New Deal.
And as they continue to do this and people see what their true agenda is, where they're going to continually say, hey, by the way, we're going to take your money and we're going to send it off someplace else to help other people.
And you're just going to have to pay for it.
It's almost like them saying, okay, this week, yeah, we sent money over to South Africa.
We sent money over to Ukraine.
Can everyone write a check for $1,000?
Because that's how much it's going to cost you this week.
Next week, it's going to be $1,500.
The week after that, it's going to be $1,000.
You think people will go along with this if that's actually what was happening?
Well, it is what's happening.
You just don't realize it.
As the debt piles up, who do you think is paying for all this interest?
It's we the people.
Why do you think they keep want to raising the taxes on everyone?
Because they need more money to pay for their debt.
And if the interest rates move up, they need more money.
And this is how they enslave a population.
But look what Joe Biden is doing.
Joe Biden is pledging American taxpayers will pay South Africa to close down coal power plants.
Why in the world would the people of the United States pay for something in South Africa?
Why would they pay any other country?
Well, this is what the Deep State, the World Economic Forum, the private Western Central Bank, this is what they want to do.
And they want to use our money to pay for everything else.
John Jackson responded to this on Twitter and said the following.
I mean, take for example, Pete Buttigieg.
Pete Buttigieg, he's always on vacation.
He's always doing things that he shouldn't be doing and he's never around for anything that really matters.
And right now he's letting everyone know that he's on his 99th flight and actually the taxpayers are paying for all this.
Actually, at least 18 flights that he has taken right now have been on private jets and the U.S. taxpayers have paid for this.
Now, if we go back in time...
Remember Trump's Health and Human Services Secretary Tom Price?
Well, he was forced to resign after taking 26 private flights in 2017.
So Pete Buttigieg, taking all these private jets, lecturing the American people on the virtues of making sacrifices in the name of climate change, well...
Why is he taking a private jet?
Why is he using taxpayers' money?
And maybe he should resign because he's catching up to where Tom Price is.
So when he reaches the amount of flights that Tom Price reached, does that mean he needs to resign automatically?
I do believe so.
He probably should do it right now.
Because what is he really doing?
Has he done anything for America?
Absolutely not.
I feel like he's on vacation, maternity leave, and everything else, and he's done absolutely nothing.
These people are absolutely worthless.
And look what's happening with the economy.
As the Biden administration continually pushes their agenda, it's all falling apart.
Now, I know the Biden administration is telling everyone, look, inflation's easing.
Really?
Inflation's easing.
Well, when you came into office, inflation was around 2%.
So it went from 2% to 7.1%.
How is it easing?
It's easing by what you did.
You brought it up to almost close to 9%, and it came down to 7.1%.
You caused it to go to 9, and it came down to 7, but you actually brought it from 2 to 7.1.
So, like I said before, it's like a trainer who fattens you up and says, you just lost 20 pounds, but you made me gain 100.
Yeah, but let's not look at that.
You lost 20 pounds.
You're looking good.
That's what Biden is doing right now.
He's gaslighting the entire country.
It's absolutely ridiculous.
But look at retail sales.
Retail sales in November were down in November by more than experts expected.
They dropped by 0.6%.
And the question is, why is this happening?
Well, it seems that California's one-time anti-inflation stymie check has come to an end.
And actually, if you look at the graph, you can see while California was, and the people in California were getting this money, retail sales moved up.
Very high in California, and it brought the entire nation up.
Now that this is completely gone, everything is falling apart.
And actually, this time of year, spending should be off the charts.
And Joe Biden's economic mistakes, actually, are they mistakes or part of an agenda?
I think they're part of an agenda.
They're crushing the families in Christmas.
There was a survey done and it says, 23% say buying more in bulk.
22% say trying new brands.
22% say buying more used items.
So the people now, they are scaling back because they can't make ends meet.
Because inflation is very high.
The fuel costs are very high.
People are losing their jobs.
And people are having a very difficult time.
And the Biden administration can tell you all the great things they're doing, but they're really not.
They made it really, really bad, and they made it a little bit better, but it's a lot worse than where they started from.
I mean, really think about this for a second.
I mean, with the fuel prices, they almost brought it up to $5 a gallon.
Now it's like $3.50, $3.39, depending where you live today.
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And they're trying to tell us that, look how great it is now.
Well, when he came into office, gas was not 339, not 350.
It was in the low twos.
So everything that he did is working against the American people, and people see this very, very clearly.
People aren't going, oh God, thank God, you brought the gas up to five, you brought it down to 350, thank you, thank you so much for doing that.
No one's doing that.
That's absolutely ridiculous.
But look at industrial production.
It's completely falling apart.
It fell by.2% month on month.
And when you start to look at everything, you can see that things are not going well, especially with the rhinos.
McConnell is out there.
He's trying to push this omnibus bill before they go on break, before there's a new Congress.
And the Republicans, the Patriots, they're calling him out on this, saying that the American people do not want this.
They don't want to send more to Ukraine.
They don't want more of this.
Representative Chip Roy put this out on Twitter.
He said the following.
I'm looking at Mitch McConnell when I say this.
Do your job, Leader McConnell.
Do your job and follow the wishes of the American people who gave a majority of Republicans in the House of Representatives.
And he's absolutely right.
McConnell doesn't care about the people.
He was installed.
See, these people that are installed in these positions, they don't answer to the American people.
They answer to their puppet masters.
And they do what their puppet masters say.
And I think the American people are seeing this very, very clearly right now.
The people are seeing what's going on.
And you can see That the deep state players, they're instructing their minions, and I'm talking about the foot soldiers in Congress, to do what needs to be done and what needs to be done is to stop alternative currency.
They don't want Bitcoin because that counters central bank digital currency.
So what are they doing?
They're telling their foot soldiers, you must come up with a digital asset anti-money laundering act of 2022.
And Elizabeth Warren, she's behind this, and she's pushing this very, very hard.
So what's in this bill?
The Digital Asset Anti-Money Laundering Act of 2022, proposed by Senator Elizabeth Warren, proposes the following regulations.
Section 3.
Let's just read Section 3 right now, Part A. The classification of custodial wallets and unhosted wallet providers, likely meaning developers of non-custodial wallets as well as cryptocurrency miners, validators, or other nodes that may act to validate or secure third-party transactions.
Independent network participants and other validators with control over network protocols as money service businesses.
Section 3, Part D. Promulgation of a rule that prohibits financial institutions from handling, using, or transacting with digital asset mixers.
Privacy coins and other anonymity-enhancing technology, as specified by the Secretary of the U.S. Treasury and handling using a transaction business with digital assets that have been anonymized.
Section 3, Part A of the Digital Asset Anti-Money Laundering Act of 2022 would deem anyone developing non-custodial wallets as money transmitters requiring them to obtain a license.
The problem?
Unhosted wallet providers do not exist.
unhosted wallets or non-custodial wallets are simply software.
This is infringing on the First Amendment.
The enactment of Section 3 part would hence require anyone writing software, which enabled the sending, receiving, and signing of Bitcoin transactions to obtain a money transmitter license.
This attempt at restricting the writing of code is nothing new and directly unconstitutional approach, as the U.S. Constitution clearly states that Congress shall make no law abridging the freedom of speech.
Under these circumstances, attempts at regulating the writing of software have been struck down by U.S. courts numerous times.
But they're continually trying because they know that they can't have Bitcoin.
They know they can control gold right now, but they don't want a digital currency, which counters the central bank digital currency.
So they're trying everything they possibly can to shut this down.
Now, what's very interesting...
Is that Trump, he made two announcements today.
I think one was a head fake and one was the real one.
But the head fake was the Trump digital card.
But I do believe there was a message in there to everyone.
And what's very interesting about this is that this is based on NFT. And you must have a wallet to accept these digital cards.
Now, I do believe millions of people are gonna purchase this, and those people that don't have wallets, they're gonna be introduced into getting a digital wallet, which could hold cryptocurrencies.
And when you look at this, you can see that this is the beginning of all of this.
BullionBitcoinBS put this out and down below he said, and this is coming from the CollectTrumpCards.com website, owners must ensure that she, he, it obtains and maintains a functioning self-custody wallet such as Metamask or Coinbase wallet or similar wallet capable of accessing the NFTs as well as any cryptocurrencies necessary to purchase and or sell the NFTs including or applicable Ethereum.
Now, really think about this for a second.
This is the introduction into digital wallets.
Now, a lot of people might not have digital wallets.
A lot of people will say, okay, how do we get one?
I would like these digital playing cards.
I would like to trade them.
And I do believe this is the beginning stages.
You just can't come at the people and say, okay, everyone, we're going to switch right now.
We're going to take what you have and we're going to move it into a digital wallet and we're going to shut down the Federal Reserve.
It's not going to work that way.
I do believe that this is prep work to get everyone used to it.
And I do believe there's going to be more of this as we go down the line.
And people then, as we continue to do this and as more of this comes out, more and more people will get used to using the digital wallets.
This is the introduction into the transition.
And I do believe a lot of people are going to learn a lot about this as they do this.
And those people that know nothing about it, they're going to start to learn that, hey, you know something?
I have a digital wallet.
I can actually get Bitcoin.
I can keep it in the wallet and I can actually trade it.
Actually not even trade it.
I can use it to purchase things.
And I do believe this is the beginning of the transition into digital currency and people are starting to learn how they can use this and how it functions.
And this is just the beginning stages.
So how do you get people To understand and how do you introduce a digital wallet?
Well, this is one way of doing it.
I do believe this is going to continue on as time goes on.
I do believe the transition has already begun.
And in the end, as people get used to this, people are going to make a decision because they will then understand a lot more.
And I'm not saying the entire population will, but a majority will.
They will understand what's really going on.
They'll understand that I have a digital wallet and I can do this very easily.
A lot of the banks now, They have the ability to allow you to purchase Bitcoin.
And as this continues on, more and more people are going to get used to it.
And that's the whole thing.
Once people get used to it and they're no longer afraid of it and it just becomes part of their daily lives, just like when ATMs first came out and digital banking came out, a lot of people were afraid of it.
Oh, I'm not going to do banking online.
People can steal my account.
I remember a lot of people...
Saying that, like, you can't do banking online because people will take your money.
Now everyone does banking online.
It's an everyday thing today.
No one even questions it.
Same thing with ATMs.
And I do believe as time goes on and as people get used to digital wallets, the same thing's going to happen.
People are just going to get used to it.
Oh, it's part of my everyday life.
Yes, I can either use the fiat currency or I can use...
Cryptocurrency like Bitcoin to pay for something.
And as people get used to it, the switch to digital currency, when I'm talking about cryptocurrency, Bitcoin, is going to be very, very easy.
So when the Private Western Central Bank, the World Economic Forum, tries to push us into their system, people will say, you know something?
I'm very happy.
You can take your fiat.
We don't need that anymore.
We're going to just move everything into Bitcoin, and we're just going to go and we're going to Use it to buy things.
We're going to get paid in it.
And it's completely outside of the private Western Central Bank system.
And I do believe in the end, this is what the people are going to do.
And the people are going to get used to it.
And the people are going to make the final decision.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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