The David Knight Show - INTERVIEW Will CBDC Be Imposed by Emergency BEFORE 2024 Election?

Episode Date: January 30, 2024

Aaron Day author of "The Final Countdown: Crypto, Gold, Silver and the People's Last Stand Against Tyranny by Central Bank Digital Currencies" was formerly very active politically but when he saw the potential of CBDC to destroy everything, it became his sole focus. What can we do to create parallel economies while we confront this head on?Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

I'd given up on the political process as well. So I helped get people elected. I've run for a number of different offices. I'm like, look, this is done. I'm going to move into crypto. I'm going to move into this technology and start thinking about parallel economies and everything else. And then COVID happened and a variety of other things.

And then I saw, well, this isn't just about having decentralized alternatives. They're taking perverted forms of this technology and using it to create complete tyranny. So there's no coexisting. There's no going and hiding in a cabin in the woods when your opponent wants a one-world global technocracy where they have control over every aspect of humanity and control the land, the air, and the sea. That doesn't coexist with hiding out somewhere. So I realized we actually have to confront this head on so i you

know i've been using uh and my book goes into specific details on you know which cryptos to consider wallets and and with with gold and silver and all right welcome back we have uh aaron day uh and he has been a republican candidate for president. I was going to say, you know, if he wants to extend this campaign, he could have me as his running mate. We could be day and night, but we are not on opposite ends when it comes to CBDC. We're both of the same mind. And as I said earlier in the program, I saw his article on Brownstone, and it was actually an excerpt from his book. So we want to talk to him about that but as he was running for president uh he made cbdc the central point of that and and so thank you for joining us uh aaron day appreciate it thank you for having me and uh we were talking

off air and i i wanted my first question was going to be uh you said you have suspended your campaign now but my first question was going to be what was your take on how some of the candidates have talked about this issue? Of course, we had had DeSantis talk about it. We had Ramaswamy talk about it, and we've had Trump recently talk about it. Tell people your take on this and tell people your story about what happened after you suspended your campaign. Sure. Well, I ran for president specifically to bring this issue up. In fact, my goal in running as a Republican was to try to get into the debates so that I could elevate this

issue on the national stage. Little did I know that the debates were going to turn out to be, you know, meaningless. People wouldn't watch them and they were going to be structured in such a way where you couldn't even talk about issues like CBDC or anything that happened with COVID. But in the process i did chat with many of the other candidates and in fact i've given copies of my book to several of the candidates uh the the most uh interesting one was with va back he actually read my book and we discussed it i gave him a copy of my book in june and i actually have interacted with him on a number of different occasions and so when he dropped out and endorsed Trump, one of the first things that happened was

he had consulted with Trump on the CBDC position. And so Trump came out in New Hampshire, in Portsmouth, actually, which I'm in New Hampshire. That's where I live. He came out and adopted an anti-CBDC stance. So I was grateful for that. And I hope that in a way my my book and my conversations with by vaik actually helped push that issue and and put a sense of urgency around it um and the other candidates as you mentioned desantis has been

anti-cbdc rfk jr has been anti-cbdc haley has not spoken about it, although based on her idea of you should need a digital ID in order to access the internet, I'm guessing she's going to be on the wrong side. I think she would say, if you're going to buy something, I want to know your name, because she wants to know your name if you're going to get on the internet. So yeah, I think- Exactly. Exactly. But part of the conclusion of my book is that I believe there's a greater than 50% chance that we're going to have a CBDC implemented before the 2024 election. And so a big part of what I'm doing in this book and in doing workshops across the country is trying to educate people on what they can do outside of voting, which is to exit the dollar

and move into self-custody crypto gold and silver and start using it in a parallel economy. And part of what happened is as traveling around the country, I spoke with Senator Ted Cruz, who is the leading opponent of CBDC in the US Senate. He put a bill out there to try to stop CBDCs and's and halt cbdc's and it failed and he said flat out there aren't the votes in the united states senate to stop cbdc's based on the way that the senate is currently isn't that amazing that they won't vote for it you know i saw that tom emmer who's the house whip you know he came out in in opposition to cbdc right about the same time as desantis did.

And I thought, well, that's good. And that's interesting. Where is he coming from? And then I realized that he's got a lot of ties to cryptocurrency. And of course, there is this, you know, the pushers of CBDC, like Liz Warren and Biden, all the rest of them, they want to shut down the competition from cryptocurrency, obviously. And so I kind of got the sense that Tom Emmer was talking about CBDC in order to defend the people that he's allied with in the crypto industry before whatever his motivations were. I thought it was good that it was happening. But isn't it depressingly strange that uh nobody in the senate will support

something that has the ability to turn us into the worst dystopian novel that anybody has ever imagined worse than anything people have imagined in the past well well it's strange and it's really discouraging because one of the things that ted said was that uh uh he thinks that there's a reasonable shot that elizabeth warren becomes the chair of the Finance Committee in 2024, depending upon the outcome of the election. And in fact, Cruz himself is only ahead by two points in Texas. And so there's been a lot of discussion about the amount of money Soros is putting into Texas and everything else. So Cruz is actually, believe it or not, on the hot seat there again after his challenge from Beto last time around. So, yeah, he said absolutely.

So there really aren't the votes. I mean, Cynthia Loomis has been one in the Senate who's also been pro-crypto. But I'll tell you what I think is going to happen is we're going to have a situation that is going to gain bipartisan support for pushing a CBDC. And that's going to be around terrorism and money laundering. Yes. And you're already starting to see the discussion around that. And that is an issue. So let's say now that, you know, Biden has decided we're going to begin our military excursions in the Middle East. If there's a terrorist attack in the united states i could see us having cbdc implemented in a matter of a couple of weeks here in the u.s if there's a terrorist attack because they'll say well it's about money laundering and terrorism

crypto's bad they'll say because it's used for terrorism which isn't true or or not even close to the scale that cash is used yeah but then they'll but then they'll say well we can't have cash either because cash can't be traced and so this is going to be the typical reason of using a fear-based event to push something that absolutely strips us of our rights yeah how is obama going to get uh billions of dollars to uh to the iranians if he can't send them a plane filled with the cash foreign currencies especially maybe it'll be the other foreign currencies from other people that he'll use to pay them off but yeah the problem with these cbdc's is their cbc's cbdc's are not like bitcoin where there's a a transparent ledger of all the transactions in a fixed supply the kinds of cbdc they're looking at, they're going to have control over how much

they'll be able to digitally print it and they'll be able to, excuse me, program the money in ways that we're not going to be able to see. So in some ways, they're going to have even more capacity to do nefarious things. Oh, I agree. Based on how it's structured. Yeah, we didn't start with that in terms of the features. And listeners of this program pretty much know about CBDC. But kind of lay out the case against this in a nutshell when you would present this to people who didn't know anything about it. Because as I pointed out in the past, a lot of times people didn't know what CBDC was.

But if you described the functions to them and the potential the potential risks of this the downside of it they didn't want to have anything to do with it but they didn't know it was cbdc so uh what would be the nutshell case that you would give to somebody who's kind of coming into it cold yeah i mean basically central bank digital currencies or cbdcs are basically a form of digital money that can be programmed monitored and, and censored by the government. So basically, the way you'll hear the globalists present it is it's all about financial inclusion and convenience. But in reality, they will be able to see every transaction you spend. They'll be able to even control how you spend money in the first place. So if you've ever had

a health savings account, a health savings account is basically a debit card that you'll get from Visa or MasterCard, and you can only spend it on certain health-related items. Well, imagine that concept except applied to everything you buy. So in other words, if you're trying to buy something with this digital cash and the thing you're trying to buy isn't already on an approved government list you can't buy it it's also the gateway to other things like social credit systems and everything else so in the future if your social credit score drops if you say something on social media people don't like if you use too much co2 based on whatever their guidelines are they can actually restrict your usage of cash if in the future the government decides

they need to stimulate the economy, they can actually say, and I've seen this in the EU and some of the language around how they're looking at their CBDC, they can literally just say, use it or lose it. If you have money in your account in the form of CBDCs, if you don't use it by such and such a date, we're literally going to remove it from your account because this is the way that we want to stimulate the economy it is complete control over human behavior using digital cash that's controlled by the government and to me it is the single biggest threat to human liberty which is why i ran for president and that's why i wrote the book yes yes and of course you know when we look at it it's it's by knowing everything that you're doing, they can, you know, ration things to you like food and meat and things like that.

They don't want you to have too much of. Brownstone, the excerpt from your book was kind of begins with, you know, life and these people are living in this, you know, smart city, 15 minute city, something like that. And unfortunately, the husband says something that the political authorities take exception to. And it reminded me very much of what we always would hear about Stalinism. You know, they control your job and therefore your money, but they also owned your house. So you didn't, you know, you couldn't work except with their approval. And they were the ones who were providing you with a home. So if the political authorities didn't like that, you were homeless and you were penniless and you were out on the street.

But this is far worse than that because they have so much more visibility as to what you're doing. And, you know, when we talk about the 15 minute city issue, that's another aspect of the CBDC. They can determine where you can spend that money. So maybe you couldn't spend that money out of outside of your little 15 minute area or maybe the larger smart city that they have put you in. You can't go to another place and have anything to live off of when you go there. So it's about the kind of control that people have only theorized about in dystopian science fiction models, but it is that and more.

It is really a horrific thing. Well, it's that and more. And actually, if you look at the UN 17 Sustainable Development Goals, you can actually get a sense. What I did is just an exercise. I said, okay, well, let's look at all UN 17 sustainable development goals you can actually get a sense what I did is just an exercise as I said okay well let's look at all these 17 sustainable development goals if you were going to turn that into a social credit score what would you measure and what types of incentives and penalties would you put in place and how would you tie that into a tracking system and into cbdc and when you go through that exercise what comes

out of the end is something that looks a lot like what already exists in China today. I think one of the big issues with this and my big urgency on this, again, the reason I've been a serial entrepreneur and a political activist for a long time, I dropped everything to focus on this because really two things. One, I saw the person who introduced me to Bitcoin in 2012 is now spending eight years in federal prison for the act of selling Bitcoin. Another friend of mine who started a company called Library or Odyssey, you may know it, it's a platform for content. He was targeted by the SEC and basically put out a business because he was using the blockchain technology and was using tokens and so i i started to see that not only was the government was is is cracking down big time

on decentralized cryptocurrency and i wanted to look at well why are they doing this because the my friends who are suffering through this weren't weren't doing illegal activities they were actually very much hardcore liberty activists that were just engaging in voluntary activity and then when i studied how far cbdc's had gotten that then i then i saw well wow the alarm bells went off because as of today there are 1.3 billion registered cbdc accounts globally people are not aware of this yeah i didn't yeah go ahead china china has deployed cbdcs uh they're gradually they started out with 265 million accounts they're rolling it out to the rest of the country there are 11 other countries

that have already implemented cbdcs there are 130 countries that are at various stages of either exploration or piloting CBDCs. And to put this into perspective, Bitcoin's been around for 15 years, and there are multiple different types of crypto. There are 580 million people globally using decentralized crypto. There are 1.3 billion CBDC accounts. So the growth rate on this is phenomenal. And of course it's forced, so it's a little bit different

than whatever voluntary adoption might be, but it's eclipsed crypto. And the more alarming part, and I actually wrote an article that's on Zero Hedge about this, is the United States has completed three successful CBDC pilots. And this does not hit the mainstream news. And if you ever hear Fed Chair Powell talk about CBDC, he does one of these,

well, we don't even know if we're going to consider it seriously. It's still at the discussion stage. The reality is they've done three successful pilots. The first pilot is called Project Hamilton, and it was done as a joint venture between the MIT Media Lab and the Federal Reserve of Boston. And this is basically what would replace cash. This is basically what, you know, that's the substitute. And in their pilot that they did from 2020 to 2022, they got the technology to work and it can handle 1.7 million transactions per second. So to put that in perspective, the current financial system does between 50 and 100,000 transactions per second.

So they've developed a CBDC that is more than 10 times the capacity of the existing financial system. And in the conclusion, what they said is, well, the technology works, but we need to figure out the legality and how to market it, which to me says they're waiting for a crisis to put it to work. But people aren't aware of that. this mit multimedia lab the chair of the mit multimedia media lab is a was a guy named by the name of joy ito who um famously received funding from jeffrey epstein and visited epstein's island a couple of times and in the article that i wrote about this goes into some i i've uncovered some things that that were really astonishing and not to go into too much. I don't know how much technical detail your audience is used to on, on crypto or getting into any specifics, but go into the specifics and go into the details. They can handle it.

So, so I'll, so I'll say this. So, you know, I got involved in Bitcoin in 2012 and I've been using it. In fact, in New Hampshire, there are stores and restaurants where you can actually use or could use up until about 2017. You could actually use Bitcoin to buy and sell things in the state of New Hampshire. Something happened in 2017 where there was a big split in the Bitcoin world. And the white paper for Bitcoin says in the first sentence that it's supposed to be used for peer-to-peer digital cash. It's supposed to be used for people as a means of exchange, a means of basically it's a currency. And all of a sudden in 2017, the narrative shifted from Bitcoin being about digital cash

to it being about digital gold. Now it's something that you hold to preserve your value. It's something like gold. You don't use gold typically today for day to day transactions, but you use it to preserve your wealth as the dollar keeps on losing its value as we keep on printing more money. Well, it turns out that the developer, one of the main developers who was involved in making this technical change, switching Bitcoin from cash to gold, was also one of the authors of the white paper for Project Hamilton, the CBDC. And the funding came from this Joy Ito guy from MIT Multimedia Lab. And I found an article, the only article about this where Epstein was interviewed, where he talked in 2017 while all this was happening about how he liked Bitcoin but didn't think it was a currency, but instead thought it was a store of value or digital gold.

So we have a situation here where this MIT Multimedia Lab with funding ties to Epstein and Gates because Gates was actually funneling money into the MIT multimedia lab through Epstein. So it's real incestuous. Wow. Was involved in both developing the CBDC pilot and, I would argue, hobbling Bitcoin at the same time. And there's one common developer that was involved in both of those tasks. Wow. developer that was involved in both of those tasks wow so so there's that there was another

cbdc pilot called project cedar which is a wholesale cbdc pilot so it's basically banks communicating with one another for larger volume transactions and doing cross-border transactions which are very expensive and cumbersome now how, how does that fit in with FedNow, which is what FedNow is sold as a wholesale thing? Was that a preliminary to FedNow? No, that actually was launched after FedNow. So FedNow is technically not a CBDC. FedNow is an infrastructure. It basically makes real-time settlement possible between banks in the United States. So the focus of it is domestic. This project, CEDAR, is about

programmable money that is cross-border. And then there's an even more dystopian pilot called Regulated Liability Network. And I find with these things, if they give it a really boring name, then there's probably some real nefarious agenda behind it. Because it took me several times to read the white paper on this thing to fully understand what it is. And the idea behind regulated liability network is it's a one database basically to track all cbdc's and non-cbdc transactions it's basically like a an uber database that tracks everything whether it's cbdc's from one country to another or it even contemplates you know bitcoin and what is really frightening is is the idea of tokenizing everything so this is a big

movement right now. And you'll see Blackstone talking about it, real world assets and everything else. But basically, we're moving to a model where people are tokenizing everything, tokenizing stocks. This computer that I have in the future could be tokenized. Every asset you have could have a digital token associated with it and through this regulated liability network you're going to be able to have multiple regulatory agencies monitoring censoring and tracking transactions across different blockchains and cbdcs as well as these digital tokens so in the future not only could they shut off your money but if i go to the store and i buy a new apple computer and it is associated with a digital token if the government decides my social credit score drops or they don't like what i say on social media they can not only shut off my money they can shut off access to my computer or in my ability to even sell the computer so it's it's like the it's the

next level dystopian infrastructure that they're putting in place. Those three pilots, all three of them, have one commonality, which is funding from the MIT Multimedia Lab. Wow. Wow. Yeah, one network to rule them all, essentially. And, you know, there's also funding from DARPA going to Microsoft for something I talk about frequently, the Coalition for Content Provenance and Authentication. That is there to, quote, unquote, push against disinformation and misinformation. It's there to shut down free speech.

But what that does is that marks anything that you do, and it's a coalition of hardware and software manufacturers, as well as a coalition of gatekeeper media companies that are allied with the government. And so when we look at this, every aspect of our life, free speech and any kind of commercial transactions, they want to centrally control and be able to shut down anything and everything that we do, our speech, our movement, our financial transactions, everything. But the CBDC is right at the center of all of this. And of course, the Biden administration began, what was it, March 9th or something, 2022, where he tells everybody in the federal government to, he got four areas that we,

everybody had all of the bureaucrats under the executive branch, the deep state. They all had one of four areas that they needed to report back to him in six months. It was how are we going to completely redesign the financial system? How are we going to do the software to make this thing work? Law enforcement had one of the different branches. How are we going to enforce this and force people to do it? And finally, they were going to market it with, um, uh, environmental issues because that's one of the tactics that they use against cryptocurrency to, to say that, um, uh, you know, the,

the crypto mining is too inefficient, but of course, these are people keeping dossiers on everything and everybody in the world and keeping them at their data centers as well as constant surveillance and data mining. Uh, so that's kind of a sham but they're very serious about that and as soon as they did that they started rolling out fed now um but but you believe that this is something that may happen even before the election i think it'll happen before it could happen before the election this is why i'm so passionate about this and and trying to get the message out but but yeah biden passed executive order 14 067 as you just described which which contemplates both pursuing a cbdc and also

regulating all of the other digital assets and and they've been following through on that there are numerous exchanges that have in fact most of the exchanges have gone under. There are numerous tokens and projects that have been targeted by the SEC, like my friend who started Library and my other friend who's in jail for selling Bitcoin. So they've actually been cracking down on Bitcoin ATMs, your ability to buy and sell. The IRS just passed a new thing, which says that you know you have to fill out paperwork for any crypto transactions in excess of ten thousand dollars and of course they did that and then didn't provide the form so in other words there was you can't comply basically so there's no way to comply and so basically you couldn't do it it's essentially a way of saying you can't do any transactions uh north of ten thousand dollars without risking criminal penalties and going to jail.

So they have been very successful at hobbling decentralized crypto and adoption. And again, these pilots are sitting there. And the technology is sitting there waiting to be deployed. And Fed now is the infrastructure on top of which they can put a CBDC, or I guess technically they could, if they wanted to be backhanded about it, they could actually... Congress is required in order to put through a new currency, but there's nothing that says that the banks can't regulate how the existing currency is sent back and forth. So you could get effectively a de facto, all of the negative

aspects of a CBDC by regulating the way money is transmitted through the FedNow system. So I've thought about that as a possibility as well. So from my perspective, when I look at, again, Biden and what he's decided, we're going to take military action in the Middle East, you can imagine a situation where if there's a terrorist attack on american soil you will get bipartisan support for a cbdc on the basis of stopping money laundering and terrorism yeah and as an example as an example for this the patriot act was passed 45 days after 9-11 tarp wasP was passed 18 days after Lehman Brothers collapsed. And the $2.2 trillion CARES Act was passed 15 days after COVID was officially declared a pandemic on a voice vote.

Many people are still in Congress have voted for all three of those things. So the idea that they wouldn't usher in cbdc's in an emergency i think i i think there's a high probability that they could bring it in an emergency and from my conversations with ted cruz cynthia loomis and then some of the folks in the like warren davidson and others in in the house the votes are simply not there before the 2024 election to stop something like this and again if it's done in an emergency, it'll probably get bipartisan support. Wow, that is amazing. And of course, an emergency could also include

some kind of a financial emergency. That's what many people have been talking about. And I'm sure you kind of war-gamed that out as well. Do you see this possibly happening with some kind of a financial emergency? Because they certainly have created their conditions ripe for a financial emergency, just like they've created conditions ripe for World War III or a terrorist attack.

Well, yeah. My opinion is that what we're seeing is an actual intentional controlled demolition of the existing financial system because it's the typical problem-reaction-solution model. They create the problem. They try to generate a reaction, which is usually fear, and then they already have the solution waiting in the wings. So they already know they want to implement CBDC. They've already developed the technology and clearly the world is going in that direction. And so a financial crisis, if you look at it, so the dollar has gone from being backed by gold

to banks being required to hold at least 10% of customer deposits and reserves. We have a fractional reserve banking system that was eliminated under COVID. So banks are no longer required to have 10% of customer deposits on reserve, which means that, okay, if you go in to take your money out of the bank, where is the bank getting the money to be able to satisfy your withdrawal request well they're getting it from a principal and interest on what commercial real estate which is failing residential real estate which is struggling consumer debt student loans which were just we started recently and 46 uh folks said well i'm not going to repay my student

loans right out of the bat so the bank is already in a situation where they have no reserves and basically their source of liquidity is drying up. So I think our banking system is in an incredibly weak position. And this at a time when Russia announced today, one of their strategic plans for 2024 is to get off the dollar as soon as possible. The bricks are moving aggressively to get off the dollar. So you basically have pressure on the dollar, on fiat currency, and on the banks for multiple directions in a way that we haven't seen in modern history. So I think that collapse is the baseline scenario. And the best thing that we can do is actually to get out of the dollar and start using self-custody crypto gold and silver in a parallel economy to protect ourselves or otherwise we're going to get forced into cbdc that's how we get forced into cbdc all of a sudden

one day it's oh your fiat currency is now cbdc i mean that's it's you know it'll be a bank holiday and and that's it yes and we have um one of our major sponsors is um uh wise wolf gold and silver we set up david knight dot gold and whenever i talk about it aaron i say you know i don't look at at gold is really uh you know they can manipulate the price of gold they can manipulate the value of the dollar so these things are constantly fluctuating and fluctuating for their advantage. You can try to time this, you're going to get burned. I said, no, I look at it as a necessity because of CBDC. And I look at it, and you're talking about crypto, gold, and silver.

It really is necessary. You talk about the fragility of the banking system, commercial real estate that you pointed out. That is heavily, heavily impacting the small and medium-sized banks. And they're already shaky because of the rapid escalation of interest rates that left them trapped with T-bills and things like that, as we saw several bank failures. So the entire banking industry, except for the really big guys that are going to be too big to fail,

they're going to be partnering with the Federal Reserve, and they will make sure that Jamie Dimon and these people continue. But the rest of the banking industry is incredibly fragile at this point because of this volatility in the interest rates that caught them out and because of commercial real estate stuff that, again, harkens back to COVID. Let's talk a little bit about Nigeria, because of all the countries that tried this stuff, Nigeria was one where they did an early experiment.

People didn't like it. What can we learn from that experiment? And what did they learn from that experiment? Because I'm sure that they have fine-tuned the way that they'll impose it on us after what they saw with Nigeria. So what are your comments about Nigeria? Well, Nigeria is an interesting case, and I actually talked to several people on a Twitter space from Nigeria about this as it was going on. One of the things that you'll find, and one of the things I talk about in the book, is that there really is a push here towards

one world global government, and there are specific organizations involved in pushing this, specifically things like CBDCs. And those organizations include the WEF, the UN, the International Monetary Fund, and the World Bank. And in the case of Nigeria, Nigeria is one of these examples where nobody in the country wanted a CBDC. Nobody was asking for a CBDC. The CBDC was pushed on them by the World Bank and the IMF with strings, as those organizations often do as they go in and help destroy property rights and destroy countries for the purpose of enforcing their own standards

and their own will. So Nigeria was not set up from a technological perspective to have CBDCs. So just from a basic perspective, so it doesn't really apply as much here because obviously most people here are using online banking or have cell phones or whatever. I mean, we're already from a technical standpoint able to handle the actual adoption of it. But in Nigeria, they literally didn, from a technical standpoint, able to handle the actual adoption of it. But in Nigeria, they literally didn't have the technical infrastructure. And so people were going to ATMs and all of a sudden couldn't pull out cash and you had fires and rioting and everything else. And so it really, I think in that particular instance, came down to this was a country where they weren't technologically enabled for it. And they handled the marketing and the rollout of it in a horrible way.

If I recall correctly, I think the head of their central bank is in prison right now, because there are also claims of corruption involving a whole variety of different issues. And so I don't know that we can take much from the Nigerian experiment and apply it here. And because there are 1.3 billion people on the planet that now have CBDC accounts, a lot of the arguments or a lot of the complacency is, well, yeah, maybe they've done it in some of these smaller countries, but they can't do it here. Well, no, if they can do it in China, then from a technological perspective, they't do it here well no if they can do it in China then from a technological perspective they can do it here oh yeah and and again the tech the tech already exists so if people were willing to take vaccines for a donut or you know a medium or French fries then then they'll use the carrot they'll use the carrot and the stick or the stick it depends on the situation

so either we're going to have some fear-based event and it'll be pushed in to keep everybody safe, or they'll try to make it one of these things where I'll get 1.3 digital dollars for every $1 you have in your bank account. And most people, if they're unaware of what's going on behind the scenes, will actually take it because it seems like a good deal at the time. And all of their marketing is about convenience and financial inclusion. These are their buzzwords. I'm going to do another article that talks about the doublespeak and provides a guidebook to what these terms mean when these people are pushing this out. Because the biggest one you're going to hear, we heard it at Davos again a couple of weeks

ago. You hear it at the UN. It's financial inclusion. This is all about financial inclusion. That's how they try to market it and and it couldn't be anything further from the truth yeah they want to exclude you from everything uh because you're not going to be a stakeholder they're going to be this the people that have all the stakes that they're holding all the stakes on us yeah that's the type of thing that gates worked with india on with the adhar system and he came in

saying you know what these people are just not included in society. They need to have an ID. It's like, oh, I didn't realize that was what was missing from my life. Some kind of new government ID. And so they incentivized it with the poor people saying, if you take the number of the government, the number of the beast, you're going to get you can get some welfare. You can get health care and that type of thing. And we've seen this, Aaron, with WorldCoin. You're going to get some welfare. You can get health care and that type of thing. And we've seen this, Aaron, with WorldCoin.

Sam Altman is out there saying, well, you let us scan your eyeball or whatever. We'll give you some free WorldCoin. And so I think there'll be a stage. And when I look at Nigeria, maybe they tried to roll it out slowly, kind of incentivize it. Maybe we've got some poor people here. We can offer them something and do it that way. But people didn't really want it. So then when the bribery doesn't work, they come out with the bands and the blunt instruments and start beating you into coercion. And that's, I think, really where the emergency scenario that you talked about.

I think people are going to rapidly catch on to what this is about unless there is an emergency. And as you pointed out, when there's an emergency, everybody's brain just shuts off because of the fear and they're grasping for anything, no matter how obviously dangerous and risky it is, they will grab for that, you know, because this is not even something that's going to directly affect their health like a vaccine. This is something that is a danger to their freedom, a danger to them politically and legally in the future. And so, of course, they're not going to have as much resistance to it, I don't think, as they did to taking the shot

when they were told there was an emergency. And it works every time. Fear works every time. And they know it works. And I will tell you, one of the things that's interesting is I traveled to 20 states last year meeting with various groups of people. And I will say 80% at least had never heard of CBDCs. That's right. So this is not a phrase or a concept or a topic that has hit the mainstream at all. But i'll tell you something even more alarming and it's really changed my strategy with this i i originally thought early well you know maybe it'll be the younger generation that will adopt this because they're

more used to technology but i've actually i'm focusing more of my attention on boomers and gen x for a variety of reasons one they they have all of the wealth. I mean, I think boomers have 53% of the wealth in this country, but they also have some kind of remembrance of privacy or concept of privacy and individual rights. What I'm seeing with Gen Z and even millennials to a certain degree is a complete disconnect. I think Cato had a report out that said something like 35% of Gen Z would be okay with the federal government installing security cameras in people's homes

to monitor for domestic violence. I remember that, yeah. Big brother. Big brother. And so the idea of privacy, so they're going to be more inclined to be like, yeah, well, whatever. This is more convenient. It's digital.

Why wouldn't we use this? So I'm actually focusing my effort more on boomers and Gen X at this point. Not that, you know, eventually we need to get everyone, but the barrier is even harder for the younger generations because they don't have an expectation of privacy or, and they don't value, they don't value it as much. So think about it, you know, and I've mentioned it many times. I thought it was very interesting how they, and I don't believe it was a coincidence. I believe they started all the big brother stuff, the reality TV, and it was put out there when these generations are very young and a lot of them consumed that. And then, oh, by the way, now we got social media.

You can do, you can be a big brother celebrity too. You might get a lot of followers. And so it really kind of helped to break down those barriers and people became kind of exhibitionists about their private life and they weren't careful about what they were putting out there publicly. And so they don't really care about privacy. They would much rather be known by everybody that's out there. They don't get the big picture. You know, when DeSantis talked about it, he had about a 20 or 30 minute press conference and he had the sign up that said, big brother, digital money. And I was absolutely blown away that after he gives this presentation talking about what we've been talking about and all the downsides of how it could be used and abused against people. The first question was, yeah, but what about President Trump and Alvin Bragg in Manhattan?

You know, what's going on with that trial? And it's like, it's total non sequitur about that. And so everybody is caught up in the theatrics of politics and everything. And, you know, nobody there, the press was really interested. Maybe they were, maybe that was a millennial who was asking the question. It's like, Big Brother, who cares? I love Big Brother. That's one of my favorite TV shows.

It's like there's this total disconnect from reality, total disconnect to all these existential issues that are popping up very quickly. And even if they had debates, as you pointed out, the debates that the same questions are being asked that were asked 30, 40 years ago. And they're not really relevant today, but they control everything. And then they, this time around, they've even shut down. The debates are going to shut down essentially the presidential primaries. Talk a little bit about, you said that Ramaswamy read your book and pass it on to Trump. Now, you know, when I saw Trump make the announcement, he just mentioned central bank, digital currency and our reaction to it and listeners said, so I guess he got ahold of some of those analytics out there that said that some

people are aware of this and he needs to talk about it, but maybe it was a Rama Swami whispering into his ear, but I don't really, you know, I, I, I don't trust the fact that, that he's going to do anything about it because it was in his administration that Steve Mnuchin, Treasury Secretary, and Jared Kushner were talking about CBDC and what they could do to afford it. So I think this is a bipartisan thing. As you've pointed out, not very many people in Congress have any concern about this, even if they know what it is. And this might be something that they may talk about. But, you know, can we really trust any of these guys do anything about it and as you pointed out they could very easily roll this stuff in before we even have an election

yeah so so rum swami did bring it up to trump and in fact trump gave him credit for it trump explicitly gave uh gave vivek credit for pushing him on the cbdc issue do i believe him no i i i you know you know i was arguing with somebody it's like well you didn't repeal obamacare we could go through the yeah building the wall and have back i'm not going to go through all the laundry lists but but but am i going to rest safe and sound thinking that he's not going to do this one of the things that i have found that trump does is he'll make a promise and then he'll go back on it but then he'll claim it's because he's really good at doing deals yeah and this is how you get good promise and then he'll go back on it, but then he'll claim it's because he's really good at doing deals. Yeah.

And this is how you get good deals. And then his followers will just accept that. He never gets any accountability because of that. Somehow he has this, he's been able to use this device of being the art of the deal. He's been able to craft that into a kind of a scapegoat for not following through on principle. But more importantly, and this is one of the areas that Vivek and I disagreed on a little bit, which is I actually put out a candidate pledge. And the pledge was, yes, if elected, I will veto and do everything in my power to stop a CBDC. But there was a second part to the pledge that says, if they try to implement it before the

2024 election, I will do my best to promote the idea to the American citizens directly that they should move into self-custody crypto gold and silver as a way to stop it before the election. And that was a sticking point with me and Vivek. I was actually trying to get him to sign that pledge. And this is the bigger point. So is Trump, you know, is he on this issue because of the analytics? Because it's something that it looks like he needs to actually say in order to get elected? Or is he really going to be willing to, even before the election, if they try to put it in, use his megaphone to encourage people to take direct action to stop it? I do not believe he will do that.

I think we need to talk before we run out of time about self-custody on some of these things. And as you point out, you've gotten completely out of cash. Just real quickly, though, it would be interesting. Did you have any discussions with anybody, any other candidates besides Ramaswamy that were running? And besides Ted Cruz, who has talked about any other politicians besides Ramaswamy that were running, and besides Ted Cruz, who has talked about any other politicians that you've talked to, and what might be their responses? Well, I've got a dozen or so state reps in New Hampshire that have signed my pledge. I've talked to state reps in different, you know, Montana, Texas, and a variety of different states

at the local level. And there's a big push now at the state level to try to make gold and silver legal tender at the state level. So I've been talking to some of the people involved in that. They're working heavily on that here in Tennessee, even trying to get a state bank and a state depository and trying to get the state government to own gold in case there is some kind of a financial emergency. Yeah. So there are so there are efforts I've also I debated ironically I couldn't get into any Republican debates but I had multiple debates with various Libertarian presidential candidates and so the Libertarian presidential candidates not surprisingly are all against cbdc's and a couple of them Mike Tirmot

um uh and Michael Recktenwald have actually signed my pledge. So if you actually look at it right now, RFK, Trump, the leading candidates in the race, everybody but Biden has at least stated they're anti-CBDC. So that's something, but again, to me, it's something but not enough. It's not enough. I know. It's more interesting that these people

would even just turn their back on it. I mean, a pledge is easy enough to sign. And when they don't do that, that tells you a great deal about people like Nikki or whatever. But let's talk about the self-custody and things that we can do as individuals. Because there really isn't anything that we can do. I think that there's not much we can do in Washington. It's difficult to get anything done even at the state level. What can we do as individuals?

What have you done? Well, what I've done, so I got into crypto in 2012. In 2019, I exited the dollar completely and moved everything into crypto gold and silver. And in fact, I'd been a political activist for a long time. I'd given up on the political process as well. So I helped get people elected. I've run for a number of different offices. I'm like, look, this is done.

I'm going to move into crypto. I'm going to move into this technology and start thinking about parallel economies and everything else and then covet happened and a variety of other things and then i saw well this isn't just about having decentralized alternatives they're taking perverted forms of this technology and using it to complete to create complete tyranny so there's no co-existing there's no going and hiding in a cabin in the woods when your opponent wants a one world global technocracy where they have control over every aspect of humanity and control the land, the air, and the sea. That doesn't coexist with hiding out

somewhere. So I realized we actually have to confront this head on. So I've been using, and my book goes into specific details on you know which cryptos to consider wallets and and with with gold and silver in fact this probably won't probably can't see this or you can kind of see this i'm holding a gold back i don't know if you've seen these this is this is you know one one thousandth of uh an ounce of gold and i've actually i i give these to people. If I go to a restaurant or something, I will typically give these as a tip with some kind of an explanation so that, you know, you now have, because one of the big concerns about gold is, well, how are you going to, what

are you going to do? Go to a grocery store and, you know, slice off a piece of gold. And so these goldbacks are a way of putting gold into a usable form. I've also used silver. You can get silver in one-tenth of an ounce increments. And so you can use that actually for day-to-day trade. And again, I'm in New Hampshire where there's I only recommend cryptos that are based on the Bitcoin white paper that are decentralized, that don't have a centralized corporate structure because those cryptos can be easily shut down by the government. And in some ways aren't even materially different than the existing system.

Something like Ethereum is completely centralized in the way that it operates. The transactions can be reversed. It doesn't really offer any real true innovation with respect to. And many people have talked about maybe, you know, Ethereum might be the substrate in which they build something real quickly to put it out there on people, right? I did not realize that the Ethereum transactions could be reversed. That's interesting well they can be reversed because because now instead of it being this proof of work model where you have computers competing to solve math puzzles to see who adds the next block of transactions these are now more controlled by whoever has more coins has a greater say in

adding the transactions to the next block so it's kind of like a normal system where it's controlled by a smaller group of elites. It's also very expensive to use. And arguably, it could be in illegal security. So what I'm looking for are specifically, and I want to be clear about this, I'm not making investment recommendation advice. I'm talking about the use of cryptocurrency as cash, as a replacement for cash, which is different than as a speculative investment. So Bitcoin, which I mentioned, went through this thing in 2017, where there were some technological changes made to it, made it unusable really as cash. There was a period of time in 2017, you had Expedia, Microsoft, Overstock.com.

You had major companies and websites taking Bitcoin directly as a payment option. And what happened was because of extra use, the transaction fees went up to as high as $55. So if you're going to spend $55 and in some cases 10 to 14 days to complete a transaction, that made Bitcoin unusable as money. Now they had an option. They had an option, which is they could increase what are called the size of the block. So basically make it so that every 10 minutes you can handle more transactions which is what basically the bitcoin white paper and some of the other discussions contemplated but instead of doing that they decided to implement this completely alternative system and so bitcoin is not recovered from that peak in 2017 where it was being used directly as a payment

option they now have this thing called lightning network and all these other things that are complicated hard to use and have a variety of other issues associated with it so i found myself using predominantly bitcoin cash uh bitcoin sv ravencoin and litecoin are are the the main cryptocurrencies that i've been using as cash with Bitcoin Cash being the one that I've used the most. So Bitcoin Cash actually split off from Bitcoin and has, so it's essentially the same as the original Bitcoin model, except with larger transaction capacity. So that's what I've been using. And what you can do is there are certain stores where you can use Bitcoin Cash directly, and you can also convert Bitcoin Cash to a debit card if you need to and use that to make transactions. And then there are services like BitPay where you can actually pay, in certain cases, your mortgage or other bills directly using crypto through a third-party application like BitPay.

And so I outline all of this in my book in terms of how you can actually acquire these cryptos and actually use them for day-to-day transactions to to pay your bills and do you address uh having an offline wallet and that type of thing because that's the other way that they can uh shut this stuff down of course shutting down the internet uh and shutting down these online transactions and that's one aspect of this as a a boomer who's not gotten involved in this that i don't understand and that is the uh the the wallet offline. Is that something that you use? Is that something you talk about in your book? Well, one thing I didn't mention, so I stress self-custody.

So one part about this is that you want to get a wallet and you don't want to have it in an exchange like Coinbase. You know, that may be where you need to acquire the crypto, but you want to have it on your own device. Or there are things called hardware wallets or other options where you can store your keys and basically have in your own possession your cryptocurrency. I mean, I get this question a lot. Well, what if the grid goes down? I mean, to be honest, if the grid goes down, then we're going to be after 90 days in a state of cannibalism that's right that's not even a joke so there's a so there are other things you can do around that there are things that you can do like create mesh networks and there's a whole other you know side to this which uh ways of of being off grid and creating alternative networks

to maybe keep some of this stuff going but this this is why I recommend crypto gold and silver. I'm not recommending just crypto or just gold or just silver. I think to predict that any one crypto or any one of these things is going to win out at the end of the day would be foolish. It's good to have kind of a balanced approach. And when I do my workshop at the end, people will have a gold back, they'll have silver and they'll have a self custody crypto wallet with some crypto in it just to get them started with the process. But it's something you have to monitor on an ongoing basis. I mean, I'm constantly there are more, I just saw this Rodney Dangerfield joke,

it was, I went to a boxing match and a hockey game broke out. And I feel like I went to a political debate and a Bitcoin fork war broke out. I mean, there's so much division and infighting within crypto. And it actually makes it hard for me. I'd like to be able to say to somebody, buy this crypto and here's the solution. I can't. What I can do is I can educate you on a variety of options and ways of looking at this and to say, you need to stay up on it because I'm staying up on it. It's changed. It changes so rapidly and it's going to continue to change based on government crackdowns. There are lawsuits going on within the Bitcoin community. There's one coming up called the COPA versus Craig Wright lawsuit, which has huge implications, depending on how that goes,

that will affect Bitcoin and the derivatives of it. And so there's just a lot to stay on top of. But I do encourage people to, as I outlined in the book, get some small amount of crypto and put it in self custody and start figuring out how it works. There's no substitute for experience and playing around with it. Well, that's good. And your book is the final countdown crypto gold, silver, and the people's last stand against tyranny by central bank digital currencies. And in that you not only lay out a fictional scenario of what it's going to

be like, so people can understand, so they can talk to other, other people about this, but it also, you got some practical tips in there as well and um were there some comments there travis that people had um let me read these comments too we've got just a little bit of time left here um uh this is um uh this is from serge the purge who has uh also has a podcast uh thank you for the tip serge he. He says, David, I strongly feel this is the wrong mentality with CBDC. I'm 24. I'm Gen Z, and my parents are Gen X, and most Gen Xers I've talked to think there's nothing

to see here. A lot of them think that they're still in the 80s. If anything, we must educate people in my age group. We're the ones who are going to have to live with this in the future. Trump is hope porn. I personally wouldn't even entertain him in the conversation of stopping CBDC, all just talking points. Call me back, call me black pilled, but this is such a serious issue.

I think rather educate on gold and silver and help people my age, understand the severity of the future through CBDC. Most boomers I've talked to, uh, uh, literally told me to my face. They'll be gone anyway. You know, I hear that all the time, Aaron, uh, when I talk to people about, um, uh, taking away cars, you know, say taking away your ability to drive cars. And they said, well, yeah, I think that's going to happen, but it's not going to happen in my lifetime.

And then I would have people at auto shows who were 18 years old, who would tell me that. And it's like, and you know, we, we look at this stuff and we look at how they're cracking down on this and um the the types of narratives that they pushed uh to us i think everybody needs to be concerned about this and i think uh the book that you've got there and the scenario that you've laid out i think that's very important again the final countdown is that available on amazon i guess it's all on amazon and it's in Kindle form, hard, hard back paperback, and also audio book. But to address the, the, the, the question that you had, I'm not just focused on boomers. I, the book is made to be accessible to everyone. There's a very specific reason though, that if anything, I'm spending a little bit more time. It's, it's this, it's

the banking collapse as it is staged right now. It's a controlled demolition of the banking system. In order to stop the acceleration, we actually need to accelerate the banking system collapse. And the way to do that is the boomers have all of the wealth. So this is just a simple math problem of if you're going to try to get people to take money out of the system and move it into these alternatives boomers and gen x simply have more resources in the bank it's not a question of yeah millennials and gen z and you know i mean i have 13 year old twins and so i certainly i'm not i i don't want to leave anybody out but we're in a we're so the material is accessible to everyone but i'm focused on where we can get the biggest biggest impact and and I've

talked to a lot of boomers that are actually take the opposite view they're very concerned about their kids and their grandchildren and and they're very concerned um on the other end about what's going on and I know I'm Gen X so there's there's you see these memes where it's like you know boomers fighting with with Millennials while Gen X kind of just sits there and relaxes and has a, has a martini while watching it. And, and I, I'm not saying that that's what it's like, but there is more. Well, and I'll say this too. We look at people, people who retired all my life. I've, I've noticed this, uh, the people who retired have got more time and, and they are, are not as busy with life as, uh, the younger generations are. And so many of them will get involved very heavily and be very knowledgeable about politics.

And as you pointed out, a lot of them are concerned. I think the best of them are going to be concerned about future generations. People who are only concerned about themselves, they're not going to be a part of the solution in anything. It's only going to be people who are looking after, who want to not ruin the future for future generations, for their children, for their grandchildren, especially. Those are the people who can make the change. And as you point out, they've got most of the financial assets. They've got time that they can get involved in this instead of playing shuffleboard or something. And, uh, and they can have a real positive effect, uh, for other people. And so, um, I do, I do see that. I do, uh, understand and agree with that. Um, and, uh, I think you also sell your, your book at your website. Is that correct? Do you want to give that to people?

Uh, well, my, my website is day 2024.com. That's my old campaign site. It just links to Amazon. You know, if you want, if you want to see what I was campaigning.com that's my old campaign site it just links to amazon but uh you know if you want if you want to see what i was campaigning about that's a it's a good place to go okay good centralized resource for that well a very interesting discussion and we've let it go over a little bit on on time because it was so interesting but thank you so much for joining us again folks uh aaron day and uh the the uh book is final countdown to uh cb final countdown the crypto gold silver and people's last stand against tyranny by cbdc so that is uh actually spells it out so you can find it there on um and on amazon and of course aaron day you can look by author a a r o n

thank you so much aaron and good luck to you uh i i certainly hope you can get the word out we need to get that word out it's one of the reasons why we talked about the political uh position on this and and it is important to know uh who the people are that are so dead set against our liberty that they won't even make a worthless campaign pledge because that is cheap that is cheap. That is cheap to just say, yeah, I agree with you. Sure. You know, shake your hand.

Oh, I absolutely love it. And then go do something else. But the people who won't even do that, we need to mark those people. Thank you so much, Aaron. Appreciate it. Thank you for having me. Thank you. All right.

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