TrueLife - Remzi Bajrami - Collapsing Systems & Rising Possibilities

Episode Date: April 15, 2025

One on One Video Call W/George https://tidycal.com/georgepmonty/60-minute-meetingSupport the show:https://www.paypal.me/Truelifepodcast?locale.x=en_US🚨🚨Curious about the future of psychedelics? Imagine if Alan Watts started a secret society with Ram Dass and Hunter S. Thompson… now open the door. Use Promocode TRUELIFE for Get 25% off monthly or 30% off the annual plan For the first yearhttps://www.district216.com/🎙️🎙️Remzi BajramiIn a world caught between collapsing systems and rising possibilities, one voice cuts through the noise—measured, visionary, unafraid. Remzi is not just an entrepreneur; he’s a cartographer of new economies, sketching maps where others see chaos. From data to development, from finance to philosophy, he moves with precision—designing structures that serve people, not control them. A student of systems and a steward of truth, his mission is clear: to build a future where value flows like water—free, fair, and alive.http://www.common-planet.org/UsurocracyA Lamentation and a Reckoning⸻Beneath the marble grin of civilization,a rot calcifies—not in the flesh,but in the architecture of belief.We are ruled not by men,but by algorithms baptized in greed,by equations cold as cryptsthat render compassion non-essential.This is the Usurocracy:a sanctified machinewhere interest compoundsfaster than empathy decays,and debt is the new Eucharist—taken daily,without wine,without forgiveness.Here,cathedrals are built of contracts.The cross has been replacedby a dollar sign inverted—a symbol no less cruciform,no less cruel.Ours is a regime that devours futuresbefore they are born.Children inherit not legacy,but liability,suckled on scarcity,swaddled in slogans:Produce. Obey. Consume. Die.The wealthy do not walk here;they levitate above us—insulated in abstraction,wreathed in derivatives,feasting on the interestof lives they’ll never touch.They do not steal bread;they collateralize the soil.They do not start wars;they securitize the aftermath.And we?We are offered dignityat 19.99% APR.We barter hours, memories, marrow—the sacred coin of consciousness—in exchange for the illusionof solvency.And still, the architects of this edificedemand gratitude—they erect statues to their benevolence,then charge usadmission to grieve beneath them.But I tell you now:There is a crack in the vault.There is a tremor beneath the floorof this great accounting hall.And in that trembling—a root stirs.Not metaphor, but material.Not symbol, but seed.A radical greenbored through concrete indifference,defying yield curvesand laughing at the tyranny of ledgers.This shoot—this subtle insurgency—blooms without permission.It names no market.It reports to no exchange.Its dividends are silence,its growth is ungoverned,and its scent—O, its scent is liberation.So let the empires rise,and fall,and rise again.Let the debtors’ prayers be data.Let the gods of compound calculationchoke on their own profit.For we are remembering—Not how to earn,but how to be.Not how to possess,but how to belong.Not how to survive this machine,but how to become its extinction. One on One Video call W/George https://tidycal.com/georgepmonty/60-minute-meetingSupport the show:https://www.paypal.me/Truelifepodcast?locale.x=en_USCheck out our YouTube:https://youtube.com/playlist?list=PLPzfOaFtA1hF8UhnuvOQnTgKcIYPI9Ni9&si=Jgg9ATGwzhzdmjkg

Darkness struck, a gut-punched theft, Sun ripped away, her health bereft. I roar at the void. This ain't just fate, a cosmic scam I spit my hate. The games rigged tight, shadows deal, blood on their hands, I'll never kneel. Yet in the rage, a crack ignites, occulted sparks cut through the nights. The scars my key, hermetic and stark. To see, to rise, I hunt in the dark, fumbling, fear. Fearist through ruins maze lights my war cry born from the blaze.

The poem is Angels with Rifles. The track, I Am Sorrow, I Am Lust by Codex Serafini. Check out the entire song at the end of the cast. Ladies and gentlemen, welcome back to the True Life podcast. Hope everybody's having a beautiful day. Hope the sun is shining. I hope the birds are singing. Hope the wind is at your back.

Got a great show for you today. In a world caught between collapsing systems and rising possibilities, one voice cuts through the noise, measured, visionary, unafraid. Remsey is not just an entrepreneur. He's a cartographer of new economies, sketching maps where others see chaos. From data to development, from finance to philosophy, he moves with precision, designing structures that serve people, not control them.

A student of systems and a steward of truth. His mission is clear to build a future where value flows like water, free, fair, and alive. Remsey, thanks for being here today. How are you? Monty, thank you for having me. Wow, that was an incredible introduction. Really appreciate that. Well, I'm stoked you're here, man.

I'm stoked you're doing what you're doing, and it's an exciting time. And I know it's not without pain. You and I were talking briefly before the show about, you know, sometimes you need the darkness in order to see the light. But let's jump in. Maybe you can give people a little bit more of a background. on what it is we're going to get into today and what you're up to and maybe the Denver conference you've been to and what you're working on. Well, I'll give you a really quick overview.

I'll start with just describing what common planet is, what our project is. Our organization is called Common Planet. And so the structure is essentially we're trying to introduce a new monetary system that we now call creditism, which is a non-debt-based currency system, which doesn't exist and has never existed, of course. But the structure, the common planet, what it is, is an umbrella, is designed to, you know, create the decentralized world, a world where, you know, individuals are free. They're sovereign. They get to make choices, not just in the political realm, but also in the economic realm. And this is what the credit currency system can do. And so it is an overarching project of how to unite the world under decentralized principles and structures. This is all possible, by the way, Monty, only because of technology. You know, you and I are only talking, really, because this is made possible to overcome these issues of trust that humans have had.

Now, my journey started because, you know, about just over 10 years ago, when, you know, just like everyone else, you know, we're all paying attention to the world. We see the problems. We see the accelerating, you know, damages and things that are escalating. And it seems out of control. And it seems like it's, you know, destined for collapse or chaos. And nobody wants that. And so I was busy preparing for collapse. You know, like my wife and I were talking about bugging out and, you know, buying land and, you know, being self-sufficient and that whole concept.

And, but, you know, my daughter walked in. She was 16 at the time. She was our oldest. And she basically said to us, you know, you guys shut the F up and start looking for solutions because that's not a solution to escape, you know, to look out for only yourself. Life isn't about, you know, you living on your own. Life is community. Life is living with other people. And so like it or not, we're in this together, and we have to figure this out. And so that's what we did. We started looking for solutions. And we find them pretty quickly because when you ask, you know, people what you want,

universally, it's not a very difficult question. We all pretty much want the same things. We recognize, you know, what those principles are. I mean, it's the same conversations that, you know, our forefathers are the people who founded this, you know, country asked themselves, what do we want? And they came up with some principles, right? That's how we got the Declaration of Independence and the Constitution and the Bill of Rights and all these things because it's when you, when you come down to it, it's those principles are pretty self-evident. Now, the economics part about it, it isn't easy. Like I say, my background is in finance. And so finance and currency and money is only but one branch of economics. Economics is the whole shebang. It's everything. It's life. It's how we interact with each other,

you know, with the resources of the world, the labor, and the currency. So it's not just the money. But I was in the weeds. I wasn't following that branch and financing and too busy trying to make money and trying to help my clients make money. And then, you know, around that time, I asked myself, wait a minute, what is money? Where does it come from? And so I was asking the wrong questions. How to make money isn't the right answer. The real question is, you know, money is a human construct, somebody's creating it. These units are increasing in quantity and decreasing. And so what is that nature? How does that happen? What are the rules under what conditions are those happening? And what we discovered was, oh, wow, they actually are human generated. And it's actually

rather simple. So we'll get that in the moment. But so basically that's, that's, you know, that's my background. That's how we started in this project. And we'll get to in a moment to where we are present as well, but I'll let you continue asking them the questions. Yeah, I think it's a brilliant intro. And it's interesting that you think that you bring up this idea of, you know, where you were in finance and the questions you were asking and sort of the despair of like, this thing's collapsed and we've got to get out of here, man. Get your bug out bag.

Maybe you can buy space in a bunker somewhere. You know what I mean? Like I know so many people, myself included, we're like, you just got to get out. You got to leave. And that's the first sort of response you have to a crisis. We got to get out of here. This thing is coming down. But the truth is, I love what you said about community because that's the answer.

Like, relationships are the real currency. And you begin to see that when you get into situations like, oh, my gosh. And your friend calls you. And then it dawns on you. Oh, my gosh. That's great advice. Oh, my gosh. I love this person.

I'm so thankful I talk to them. And like you start realizing how much chasing. money alienates you from everything else. And it just gives you this narrow view. We've done it for so long. And there's a, there's a discount rate on money. There's a, you know, so many people, myself included, you get to an age where you realize money has a discount rate. The older you get, the kind of less it's worth. And the more you start realizing what you left behind, man, I chase this. I tried to make a million dollars before I was 40. I was a horrible father. I was a horrible husband. All because I wanted to provide. Like, it's such a.

crazy paradox there, but maybe you can talk a little bit more about what, yeah, what do you got? Well, we can't escape it, right? It's a natural part of our lives. Currency is the blood of the economic system. Without it, you don't get access to the resource of the world. And it's not like it used to be, you know, in mercantilism or in the past when everyone had a little bit of land and they're able to throw some food in an exchange in the market. And that's kind of the world that I grew up in actually. Where I grew up was in Yugoslavia. where I was born. I was only there for five years, but

that's what it was. It was essentially people owning their own land and trading with each other. But see, you and I, we don't own land anymore. We don't grow food anymore. We're dependent upon this jobs on this other source of sustenance. So we need the currency

unit. We can't, we don't have the resources to exchange with one another to build community. The only resource we have to exchange is our time and our labor. If it's needed, but that's That's the problem is that that particular game is like musical chairs, right? There's only ever going to be a certain quantity of jobs available. And as we're seeing right now with the economy, well, it's looking like they're going to,

that unemployment is going to rise. You know, businesses are going to, in this environment of volatility, uncertainty, businesses can't operate. How do you operate a business when you have no idea what your costs and inputs are going to be relative to your, this is a nightmare situation that, that these children in our administration, because that's what they are. They're not serious people. Totally.

These are not serious people. And so they've lost the plot, but those kinds of problems don't really matter to the upper echelon of this economic game. Because there is no level of in the market, if you are on the top and you have a lot of money, there's nothing you can't purchase. If the market doesn't produce enough for everybody, it's not your problem. You're first in line. You're always going to be able to get access. And so it doesn't matter what the cost is.

You'll still, you'll be fine. So this is the problem. These guys in the top, they truly don't care. And we have no choice but to build this alternative structure to escape their dominant power. And if I may just get into a little bit of a conspiracy rant here. I love it, man. Run it. I mentally believe at this moment that there is a,

a coordinated effort from the global ruling elites. And I'm talking about the banking dynasties, particularly. They say that Alon Musk is the richest person in the world. This is a joke. Let's be real here. This is a guy whose entire net worth is in essentially abstract, you know, speculative assets. They're not real assets.

and they're known. Whereas these banking dynasties that really rule the world and control all of the flows of the resources and labor in the world, they have secret accounts. This is why Switzerland has these privacy rules and secrecy rules on banking. And that's also why they happen to be neutral is because that's where the Bank of International Settlements is located. That's the head of the snake. that's the global central bank of all central banks. And my fear is that they're intentionally causing these conflicts, this chaos in the world that's going to drive the world into recession, possibly depression, probably into wars.

Why also they invest? Of course. They're great for banks, by the way. They get to invest in destruction and then destruction and reconstruction. It's a great business model. And so my fear is that they're going to use all this to essentially destabilize the world. and then basically remove the U.S. dollar as the reserve currency and possibly create a new global central banking, you know, a based currency system.

That seems to be where they're headed. Maybe conspiracy? I don't know. It doesn't matter. What is obvious is that chaos is at our door. And nobody wants that. And unfortunately, the economic game that we're playing can only offer ever offer chaos because it is a war. It's a constant battle. Every single day, you and I are competing and

fighting with our brothers and sisters, with our neighbors and communities, because somebody's going to win that economic exchange game. That's what this terror war is about. It's a game of winners and losers. And so why does there have to be winners and losers in exchange? It's nonsense. The whole structure is bad. I love it. I think it speaks to the idea of scarcity. and like it's a false scarcity and I love that you brought up the BIA you know and I I think that when you start looking at these institutions

I think crypto, Bitcoin, Ethereum and a few others like they really rattled the cage of the people that were, have been in positions of authority. If you want a good example, you know it was like the greatest example was like the Wall Street bets guys.

Like here's a group of like-minded people that get together. Shout out to Roaring Kitty, the guy's a genius and all the apes out there. So stoked you guys are here. It's so amazing to see what these people did. They did what the big guys always do. And it was so interesting. I remember watching like, I was watching some news channel somewhere. And as soon as like they disrupted GameStop, all of a sudden they wheel out some guy in Switching. I've never seen him in my life. And he's like, we had to shut it down. And then he walks

off the camera. Like, who's that guy? Who is that guy? That guy just shut down the entire market. Like, all these hedge funds are crying. We're losing. Yeah. They're doing it. They're doing it themselves, obviously, in the background. Totally. That's their entire business model. It's controlled destruction.

Yeah, absolutely. They get to control the direction, the volume flow. They don't want us interrupting in that, because, you know, that would be, that would be, you know, cutting in the air turf. And they can lose to us. So, no, it is amazing what they've done. And the whole crypto universe has opened the door to, you know, for people really to take control of the, of this. But still, at. present, we're still operating on their gain, right? Their gain is asset exchange. And so

the currency doesn't necessarily need to be an asset in a sense of, I mean, it is at present. And it will still be a, you know, tool of value of exchange. But it's fundamentally different than a real asset, you know, like, so an abstract asset, because it can be created. And this is what makes Bitcoin, one of the premier cryptos, is that that it has specific protocols on the quantity, on its creation. And so that is unique. That's what gives it that value, that scarcity as an asset. So that's kind of neat.

But at present, though, it is still playing in their sandbox. It's still an asset exchange game. And so it is a good decentralized tool that we could modify and adopt to take away the centralized power, but at present hasn't done that yet. You know, that's not the, where we're at right now with the crypto space and the blockchain space is that we're developing the tools of disruption and distribution, but they haven't yet quite been fine-tuned and implemented. And so that's what we hope to do.

That's part of our project is to condition and to design those decentralized principles so that we can actually do those on the blockchain. We can actually do those structurally with agreements without the centralized powers of the world dictating terms to us and dictating enforcing their central bank, you know, digital currency on us and protocols. And so it's a it's a it's a battle for freedom between us and the centralized powers of the world. And they want to maintain their power at any cost. And that sucks. Yeah. It's interesting.

Like if you look at the war in Ukraine, And you start peeling back the in a little bit. You're like, oh, I see what's happening. We take all the money from, from poor people in rich countries and give it to rich people in poor countries. And then they buy the weapons and then they destroy everything and they build it back up with the new supply chains in for the next hundred years. Oh, it's this great game that's happening. But let's tell me about creditivism and like, like, first off, tell me about creditism. And then I would like you to try to figure out, what happens when they try to shut it down?

Like, how do you build something that a centralized power? can't come in and buy all of it or how do you build something that can't be shut down? Start with credit. There's numerous questions there, but let's start with the basics of credit. So at present, we know that the money, the currency, is basically flowing to a group of people who happen to own all the resources, right? Oil, the trees, base materials of the world, which the nations are embroiled in wars over. It is a fundamental source of the currency.

So anyone who extracts the stuff can exchange it for currency. And they're getting this for nothing, by the way, because who did they buy that land from? Nobody. To start the game, somebody has to claim it and steal it, basically, and say, this is mine. And they get that money. Same thing with the banks. Fundamentally, they are creating the currency as credit. They get it at 0% interest, and they're using it to buy assets and put us in debt,

loan contracts and bonds. and they're collecting free interest on that portion. And then what does that lead? That leaves the rest of us, the entrepreneurs and the laborers who are producing the real value, who producing the real creativity in the real production, are left with a little piece. But that piece that we get is never enough

to cover the entire portion of the price because some of that price is always going to go to the interest and to those owners. And both of those people didn't do anything to deserve it, of course. They just claim it as theirs. So this is fundamental problem. of capitalism. It distributes the currency in such a ways that these owners and these banks are always going to be in privileged positions who use those, you know, profits and earnings to, you know,

to buy more privileges and purchase more property and purchase more of the ownership stake. And so that game is fundamentally already dysfunctional bad. So what creditism is saying, hey, look, let's separate the distribution of the currency away from the exchange of assets and recognize that what's truly valuable is humans, right? And say, okay, so why don't we distribute the currency directly to humans as a universal basic income? An amount of currency that every single person gets that would be enough for them at least to be able to choose what resources they want at a bare minimum. And then the second portion is that we can actually create the currency as a proof of participation. So every time a person lives, they work, they play, you know, or work, play.

Wow, I'm drawing a blank right now. Work, play, contribute. They pay bills, live their life. No, no, there's only a third one. I cannot believe I'm blanking. I cut this part out. Wow. Oh, work, play, learn, my bet.

Okay. There you go. every time a person works, plays, or learns, they're contributing to society. That's valuable, right? We're investing the currency. We're investing in humans and the return that we get as a society is more wealth in the form of smarter people, healthier people, and more productive people. And the more productive the people are, the bigger the pie is. The bigger the pie of stuff and services, the happier everyone is, the more there is for everyone. And so, and then the third part is, is a little bit trickier, but essentially it's a bonus.

And so it would be a fair competition between various industries and co-ops and clubs competing towards new metrics. Instead of saying the winners of who, you know, the companies that get the most money are the ones who sell the most based on exchange prices. Instead, we say, no, what is it that you're trying to do? You're a bike manufacturer. Okay, well, can you reduce how much energy it takes to produce the bikes? so we can reduce energy costs.

Yes, the winners of that particular game get a little bit more profit. Can we reduce the amount of labor that's embedded in the production of the bikes? Those people, those industries, those co-ops would earn more. They would win, so to speak, that year. Can we increase the longevity of the bike?

Can we make it more durable? Can we make it recyclable? All these other features and purposes which actually meet and are designed to, you know, to do something rather than just pure profit. Profit is just one metric that is flawed that worked in mercantilism, right? It worked in the past when you have a distribution, equal distribution of the stuff. But today, the stuff and the power is all concentrated, ownership is concentrated,

and the privileges are concentrated. So you can't do that. You can't run that for profit game anymore. Anyway, so basically creditism is a distribution of recognizing that all money has always been, at least at modern times, credit-based. It is something that humans create. We can design it. We can distribute it. And so the neat function here is that because the credit is being created and it's raining down on society on people, literally raining, like here's more, here's more, here's more. But what's interesting about this model, what makes it stable and infinite, meaning you can

play this forever, is that when you distribute the currency units to the population, to the people, and to the co-ops. What's happening is that when you use the currency to purchase something from the market, it simply deletes. There are no more owners, right? Because the currency has already been distributed to the individuals, to the workers, and to the co-ops based on those new profit metrics. And so there are no absentee owners or banks who are sucking, leaching off, parasiting off the credit unit for doing nothing.

Everyone who's collecting the currency here is doing something. And so the products that are in the market are basically owned by society. They were, no one owns them yet because they have yet to be purchased. Once they're purchased, the currency that is used to buy it, deletes, and that's that. And now you have the good. Of course, you can always sell your good and exchange it for the currency, but over time, we know things deteriorate, right? This cup eventually will be worthless.

And so those currencies that were embedded in the production of this disappear. So the whole system is a flow currency. It flows. Some of it circulates, obviously, through used goods, but the majority of it deletes when we purchase new stuff in the market. And we're always purchasing stuff in the market. We're always going to consume. We need food. We need, you know, entertainment activities, all these things we need to compete for. And what's interesting about this model is that it allows us to bring out the best of capitalism, you know, that the entrepreneurs, the creatives, the production. And so we can incentivize that through this structure without, you know, creating

inequalities without creating people who can't participate. So everyone is free to participate. And you're also free not to participate if you don't want to because it may be the case where a person is happy, insufficient with what minimal amount they're getting. But we don't know what other things they're going to be able to contribute later on. So investing in that human now, even though they may not be producing for the market, it's okay because maybe one day they come up with some idea that ends up producing 10 times more than they would have produced, you know, in one year. So it's important to invest in humans. I see humans labor as the most valuable resource in the world. And at present, we're not utilizing it. We are wasting it.

If we are being serious and honest with ourselves, if we look at capitalism, we will see that there are, there is the equivalence of essentially paying people to dig holes and fill them up. I mean, it's not obviously that direct, but it is in the sense of, let's say, banking, finance, insurance, all these industries in a creditism system don't exist anymore. There are no more banks. There's no more stock markets. There's no more insurance. None of that is necessary because we figured out the distribution of the currency system

outside of that bullshit, complicated scheme that they've created. And so all those people and all those jobs are technically not producing anything for the market. They're just middlemen. They're sucking. They're pretending to add value because we've been. made the game so complex and we've made, you know, financialization important and critical. It's like designing, it's like going from the, you know, the combustion engine to like an electric engine. Like you have all these pieces and components that you have to have in the combustion engine.

But all of a sudden, you switch to a simpler model and those pieces are unnecessary anymore. So you don't need them. Same thing here. Those pieces of the economic system, because really what are we talking about. We're talking about labor, resources, and then the pie, right? Those two pieces combine produce the pie. And so what's important about economics? It's the pie. And so are we focusing on the pie? No, we're not. We're focusing on the numbers, but the numbers don't represent the pie. It's easy for us to say, to increase the numbers and say, we've increased the GDP, but did that result in an increase of the pie or not? And so no one knows because we're too busy looking at the numbers and not actually looking at the pie. Did we grow more food? Did we, do we have more machines?

Do we have, you know, all the drugs that we need? Like none of those make up the measurement of the system. So, okay, so back to creditism. So creditism essentially solves poverty, right? It solves inequality. It solves the possibility of somebody being able to steal your currency. You wouldn't be able to steal somebody's currency. You wouldn't be able to control somebody with their currency because the way to control people is to incentivize them. So you and I, as members of our community or of the society in this new network, in this new world, would be allowed to say, hey, you know, we see opportunities in the market. I need or I need somebody to do my debt. We're not commanding somebody. You're providing an opportunity for somebody to earn to do something productive and to earn more credit.

And so it's an incentive structure rather than a control mechanism. At present, of course, money is used to command and control labor. The person with the money pays you, they get to tell you what to do. That's the rules. Here is the opposite. Yeah, here's the opposite. You know, anyone can do the labor and that person gets the reward. Anyone can join the co-op and be part of that network.

They get the reward. And so it's just a matter of freedom. and, you know, dignity and liberty, you know, I like to use the tagline, sovereignty, opportunity, and liberty, sovereignty in that, we're finally free, we get to be members of our community, our clubs, our co-ops, and everything that we involved in, we have a voice digitally. We can vote or not. It's up to us, right? But we do get to participate.

We do get to, you know, either contribute, either, you know, volunteer for, or not. And so you're not, you're not forced and you're not trapped. You're not a citizen of just this country under these rules. You know, like you really get to express yourself, grow, learn, and basically do what you want to do and live where you want to live under conditions of, you know, that you and your communities get to get to design. Where at present, it's the complete opposite, you know, top down structure. And so that's basically creditism, you know, like a. the overview of it. How do we get there, of course, is a different conversation.

Yeah. What's what we're kind of planning on right now. I love it. I love the idea, the forward thinking, the ability that, you know, one vote, it's almost like a direct democracy in a way in which every person is participating in a way that's meaningful. But it does, like, how do you, there's a great book by Thomas Pickety called Capital. And in that book, he goes back, like, it's a tone, man, like this giant thing. But yeah, it's, but it's fascinating because it talks about human capital, regular capital.

And his thesis is that capital, the state of capital is for really wealthy and poverty. Like that's how it's always been through history. And he tracks it so far back to like the pyris and all this stuff. It's fascinating. But it seems that that is the way in which we operated forever, forever. I mean, there might be some spots where we tried some different. different things. And whenever, whenever we get to a point where, I know back in the founding of this country, there were different currencies being floated around and people came in and put a,

put a stop on that. Like, how do you, how do you institute it though, Rems? Like, these are beautiful ideas. And I, I think they're fantastic. But the same way, Janus Veras Fawkes went to the finance ministry of Germany, they said, like, there's one thing you can, you can't do. That's change your debt. He's like, what am I doing here then? Like, how do you, how do you bring it? How do you bring change without Like, does it all have to die? Like, it seems to me that that's the only way is for it all to die. And then you start over. So ideally, of course, we would like for there not to be a collapse,

for there not to be a recession or depression, right? We want a stable system where it's producing and meeting most people's needs. Right. And that we could then, you know, upgrade and so that it can grow and meet more everyone's needs. Although that's, you know, wishful thinking. It looks like it's going to be some chaos. and potentially some trouble. So, okay, so our plan for the transition is thus.

And so what we were doing right now is we put together a team for all the decentralized pieces under the common plan umbrella. We have the decentralized credit system, which is really the crux without having, being able to design a new game, a new economic way of distributing currency that allows for people to, you know, contribute their labor and their resources in a, cooperative, you know, communal growth, you know, real way, then what are you doing, right? Like, we can have another revolution, you know, flip the board over, restart the game, but it'll produce this inequality all over it.

Right. So, so not only do we need to kind of, you know, flip the board, but it's the gain that we need to transition. So creditism is that. So we brought in together people for the ID protocols because you need to have, make sure that, you know, a person is a person and that people don't register. and pretend to be 100 people, right? Yeah.

That would destroy the network. So we have that. Then you need some type of a digital, you know, blockchain governance protocols, voting. We have that. And there's multiple organizations that also do that, but, you know, that's kind of well developed now. So that exists.

And then, of course, crypto and blockchain and smart contracts, Ethereum is great at basically unchaining the digital property of the world. And so that is also beginning to, get mapped out. And so that exists and we have those partners. And then, of course, we have the credit. So our plan is essentially to produce a distributed or decentralized autonomous network, some type of a global member network where people join the network. They get the new credit units. You know, we're planning on calling the unit credit. Why not? Right. That's what it was called in

Star Wars, coincidentally. Credits. A friend of mine told me that recently. like, oh, wow, you know, I didn't really know. Anyway, so, so the person would join the network, they'll get their, their credits, you know, blockchain, digital token, then they would get more for signing, you know, getting their ID, referring people to the network, signing treaties, you know, making declarations, you know, interacting with another. So they would essentially, you know, we would be building and they would be experimenting with these digital tools of of governance, of property. And so they would be, you know, filling in and building, mapping out all of those

architectures. And so that the idea is to, if we're successful, enough members join, then we can allow them to create federations also in Star Wars, which is ironic. But, okay, so they would create these federations. Now they have more members in their group. And so it would allow them, you know, for the Dow to issue a treasury to that particular group, they would have some funds which they would be able to use to, you know, to upgrade their system. You know, maybe they could collateralize their property relations that they currently

have in this game for the new game so they can begin to use and, you know, the properties that they have towards, you know, communal purposes. And so ultimately, you know, the hope is that once these decentralized tools are developed and fine-tuned, and then, they work, then they can be adopted at a national level because it is at a national level that countries make the property and the credit rules. At present, of course, every country in the world that is sovereign that has their own currency must operate under the principles of the International Bank of International settlements. They have to, you know, those rules dictate credit creation for all banks. It doesn't matter where you are in the world. And so that's

that structure. And so, but a nation could opt out of that because they have their own credit creation, they can still play that game. They can still have just like they do today. You have your own currency. You have your own imports and exports and you have an exchange balance there. And you may have to have your counterparty's currency in order to trade with them. But ultimately, what you're trading with other nations is the stuff. It isn't really the currency, right? We're not getting money from Vietnam. We're getting close. We're getting cotton. We're getting their production, their materials.

And then, of course, we're producing the money for free and winning that game. But unfortunately, our child of a president doesn't understand that trade imbalances are actually good for America. What do we produce? We produce fake money. And then we get more stuff. That's a good deal. You ask me, but they don't seem to get that part. So basically, that's the game plan.

The idea is to build a network, a global network of people who come together, join and basically build the digital tools, interact with these new tools, and eventually transition from a debt-based currency system to the new credit system. And so that's a little bit of a longer, you know, transition possibly, but it is, it is like on your show, you know, you mentioned, you know, decentralized. Archie Tang and all these other countries that are already producing some of these, you know, tools. So it's not that much of a radical shift for these countries to take. America certainly will be one of the last, we're too big, right? And, of course, we're the reserve currency. So I don't see America leading this particular shift into a decentralized world. However, numerous countries can and will.

And so they can do it. They're self-sufficient in water, energy, and they have more. exports and imports, they can do it. And so, and that's the case for a lot of these smaller countries. So that's basically the game plan. That's where we're at right now. And we're hoping to, you know, to ideally launch that member network sometime later this year, you know, sooner rather than later, but, you know, we can only do what goes as fast as we can. I love it. I love it. And we see echoes of it, like you said, with some of the countries. I know El Salvador has been working on Bitcoin. seems like they've done some pretty cool things. I got some questions.

stacking up over here for your, Remsey. This one's coming to us from my friend Clint. He says, do you believe decentralization is the natural evolution of civilization or a rebellion against it? Oh, definitely natural. I mean, for me, in a word, it means freedom, right? What is decentralization? It means sovereignty.

You know, you get choice making. And so freedom is the opportunity to make choices for oneself. Yeah. And so at present, we don't. we have obviously we're sovereign right we we we control of ourselves we make a lot of choices but there's a hell of a lot the system is already chosen for us and limited yes and so you know a lot of people in the systems thinking world call it mullock meaning like it's this monster oh it has a great paper and and we can't and so and that's part of it's true so it doesn't matter how rich or you know you are in this world

you the richer you are the more options you have the more choices you have but you're still not completely for you're still limited. And it gets to a certain point actually where if you become too rich or too famous, it actually works in the opposite way. Now you're capturable. Now, you know, you're more vulnerable. It's in that middle space,

in that gray space that you're super free. But once you get to the extremes, boy, you know, it's bad for both. So, yeah, definitely it's the long human project. And I think it's that notion of liberty that America, you know, is founded on. My definition of liberty, by the way is that's what we're producing here not necessarily freedom because freedom is a little bit

too extreme liberty equals freedom with responsibility we live in society right i can't some of my freedoms naturally must be limited right i can't be if you increase remsey's freedom to 100% well by definition then you've decreased other people's freedoms because if remsey can do whatever he wants well then he's going to trample on other people's uh you know choices and options if i can just steal and rape and kill whoever I want and have my maximum freedom, well, we can't have society there. So what we really enjoy in life is liberty, that freedom with responsibility. That's the social contract that society is made and decentralization 100% fits that model

and is that path. Yeah, I like that. It's a great answer. This one's coming to us from Desiree, from Palm Desert. Thank you, Desiree. You're amazing. She says, is democracy failing or is it simply being out? own by a more evolved form of collective intelligence.

Well, I would say it's not failing because it doesn't exist. It's a false notion. I mean, think about it. In the biggest area of our lives, we don't have democracy, which is our jobs. Yeah. We're not in a cooperative. These are not your colleagues or colleagues. Right. These are your coworkers. You know, somebody, they're somebody's worker. They're not even person. They don't even get to make their own choices. They have limited. This is what you're going to do. This is when you're going to show up. This is how you're going to dress. This is how you're going to act. This is how you're going to think. This is how you're going to speak. And

we have to fit that mold. Otherwise, we lose that position. Right. You know, like Noam Chomsky famously said to some guy said to him, you don't think that I believe what I believe. He's like, no, no, no, you do believe what you believe. It's exactly, it's because you believe what you believe that you are in the position that you're in, if you didn't believe what you believe, you wouldn't be in that position, meaning like the ruling elite,

like for example, like Biden, wouldn't have been in that position if he didn't believe what he believed. And they would never have chosen him as a puppet. Right, right. Yes. Same thing with Trump, all of them. Well, Trump is a chaos puppet, is a perfect puppet.

He doesn't believe anything. I don't know. I think he believes, I think that he believes that the idea of like the America first idea. I don't, I don't know enough to really thoroughly understand what if it could ever work, whatever. That's why I call them a child, though, because children are that need first.

But without recognizing, wait a minute, you go beyond the meat first, you go to wheat, then the pie grows bigger. And now it's actually more for you. You know, So if you just do me first, it could end up with, oh, crap. I just, you know, it got so extreme that the pie is actually smaller.

It's actually not good for me either. And so that's the situation we're entering into right now. We go down this me first path. Well, it's only going to be a smaller pie. Yeah, I think what we've seen is a brilliant divide and conquer strategy by people in the highest positions. You know, everybody, we've moved into this idea of. scarcity. And I think we're going to move into a world of incredible austerity. Like that seems to me to be the game. I'm not going to say abundance.

I hope eventually we will. But I don't think we get there without austerity. And I think the more people that get laid off from all these places and there's going to be waves and waves of them, the more people you get to wake up and be like, wait a minute, wait a minute. This is all bullshit. You know, and like you kind of have to have that stripping away of everything you believe before you can grow into something different. and realize what you're giving your life force to. You know, it's crazy to think about how much you learn.

And, you know, also, I'll give you an example of, I want to underscore what you said about people going to work for a place that doesn't really value them. I used a UPS driver for a long time. And for, there's always these shootings. Like, it happens all the time.

And I challenge people to go look at the newspaper and, like, at UPS shootings. Like, it happens all the time. And I remember, I remember being at work multiple times So we're guys like, I'm going to kill you. Like, he would just go out and tell him he was going to murder him. You know, and we have like metal detectors,

bobwire fences. And like, it's, for me, it got to this point where like, I realized when I would come to work, I'd have to walk through two bobwire fences, a metal detector. They'd pull out everything out of my bag. And it just like, like, like, I'd been here for 20 years.

I'm like, what are you doing? Like, I'd give my life to this company and you treat me like a criminal. Like, you think I'm going to shoot you? Like, that kind of makes me want, makes me want to have zero respect for these people. You know, I get why they had to do it. The insurance is involved. All these are involved.

There's real threats happening. But what dawned on me is like, where am I working? And I know the guy that wanted to kill the managers. You know, he's like, dude, that guy was having a rough time, man. Like maybe they should have backed off a little bit on that guy instead of like trying to pressure him even more. But it wasn't the management team. It was like the higher up. Like, this guy's not productive, man.

You're going to lose your job if you don't force this guy to do more. And it just flowed downhill until it got to a guy that couldn't take it anymore. He's having problems at home. kid wasn't, you know, he was never there. Like, the guy was just losing it. And it's, it's always interesting to me, too, to hear the way in which the story spun by the HR team. Hey, a guy came in and killed all those coworkers. Wait a minute.

Now, how come when I'm in here, I have to call this guy my manager, but when he gets shot, you call him your coworker. You know what I mean? Like, they spin it into this way of, like, making it look as if, oh, this guy was a friend. Wait a minute. That was not what happened. Even worse, at UPS, like so many suicides. I know a guy that jumped off a bridge. And the very next day, everybody came in and they awarded people for safety.

You guys are doing a great job. You know, and it was just this radical campaign of like trying to push this guy's suicide to the side. And it's like, oh my gosh, this is not happening just at UPS or FedEx or the post office. This is happening to people all around the world because they hate the position they're in. And it's because of the money. It's because of this idea of competition where, and I love competition. I think it's a good thing. However, when all the spoils go to the people at the very top,

man, that's a recipe for disaster. And I hate to see my friends, my family, any other human being going out and doing something that people treat them for less than who they are. So I'm so for all these systems. I know that's kind of a long rant, but you're right. So if I can just say, I'm kind of transitioning a little bit here, but essentially, so I'm a big fan of credit, right? I see credit as a secret in the world.

When we discovered credit, what did you do? America came, they came to America and they began creating their own currency based on credit, right? They had a pile of gold and they say, hey, let's pretend like we can create more. So they issued these bills of paper from the bank. And what did that allow them to do? It allowed them to use that newly created money to invest in labor, to bring in resources and begin production. And so what do you end up with?

You end up with more. you end up with with the pie and so the credit is the key it's like um it's like food for a human what do you if you feed a person if you invest the food and the resource into a person what do you get you get a productive human you get somebody who's capable uh and so same thing in in the market what when you invest in in the market the market requires the food in the market is the currency and and what it requires of course is the labor and the stuff but when you combine that you get You get the pie. So without the credit, what do you get?

You don't get that. You don't get the combination of the labor and the stuff. And it just lays stagnant. It doesn't activate and produce. And so credit is this beautiful invention that basically produces. But so I don't know if, you know, your readers or your listeners may know this fact, but almost all the wars are always about credit, money at one sort of another, control of who gets control of credit?

And it was in, it was like 1765, something like that, where the UK British Crown banned the colonists from the banks from producing their own notes. And they, at that point, they were forced to use the crown, silver, and gold. And that's in limited supply. And that's, that means that you can't invest. That means you can't create more to now begin the productive process. And they went fallow. They, you know, their economies went down. They started to lose money, more the money got, you know, funneled over to the crown. And so that's when the colonists said, we've had enough of this shit.

That's when they wrote the Declaration of Independence. And France was the enemy of the UK said, hey, maybe we can find a position of power here. They loaned the colonists, you know, like a billion dollars of gold. Based on that gold, they created, they then they created another, you know, bank in their own currency. Credit as credit base, they use that currency to basically provision. themselves for the war and win the war. Without credit, there would be no America. The whole entire history of America is based on this notion of who gets to control the credit. We've gone back and forth

in our own country of having nationalized banks, right, where the government has the credit creation and private banks have the credit creation. So if I can just explain to your listeners quickly how this process works. It's actually very simple, right? Okay, so in America, we have the US dollar. Now ignore for a moment the initial distribution of the dollar pretend, you know, whatever. It doesn't, hasn't there, you know, doesn't exist. So the way it works is that the Federal Reserve is the central bank of the country. It is owned by America, but it's controlled independently. This is why they say it's independent and private and all that. It has a checking account that it maintains its own record. And it has another checking account that it also maintains.

And that's the U.S. Treasury, check an account of America. And those are the only accounts that it has, really, the checking accounts. It has the U.S. is checking account to Treasury and its own checking account for its operations. Because think of the Federal Reserve as a company. That's essentially what it is. It has employees and it has income. We'll talk about that in a moment. But at the end of the year, though, whatever profit that entity, the Federal Reserve has made,

actually goes into the Treasury. So that's that's that's that's that's the structure there. Okay. Now, because of the way that they've written the rules, remember, the banks wrote these rules. Because they wrote these rules, they specifically don't allow the country, America, to directly create the credit as a fiat. So those, they're clear on that. And so they, they create it in a complicated manner that they call a bond. Okay.

But in reality, what it is, is that you can view it this way from an accounting perspective, what is actually technically happening, is that when that bond is created, it actually starts with fiat. Fiat, the dollar, is created. It's used to think of the bond as a box. The money's put into the box. So now that new fiat money was created, that box is then given to the Treasury. Then the Treasury, not to get into the legal details, but essentially it's sold. Yes, they have, you know, these, you know, five banks who are, I forgot, they're called the primary dealers, whatever they are.

They sell the bonds, keep a little piece, but then they give the money to the money to the. the to the to the to the treasury so the money that's that the fiat was created to put into the bond when that bond is sold that fiat then is taken out and deposit into the treasury that's how the government is financed through the you know creation of the bonds they sell the bonds that money that money that flows into the treasury all the money that is created the so-called national debt is fiat money that's the base money is circulating in in our game right now so the total of bonds are the total fiat, plus whatever original fiat they may have created. How much exists is base money.

That's the real money of the game. Now, on top of that, you have private banks. Now, people don't know what a private bank, banks are. They're two separate businesses, okay? So for simplicity's sake, I'm going to call them a transactional, what everyone thinks of a bank. It's like fintech. Think of PayPal or Venmo. We all use that, right?

What is Venmo? That portion of the bank, it keeps records. Here's how much this customer has. Here's how much they have. And they just handle transactions and they move the money around. That's all it is. And so the banking structure of the world and America is this complex scheme of various banks with various members and moving money around between the members and between the accounts.

And that whole thing is very complicated. And there's lots of language there. But in the end, it's zero sum. No money is being created. Money's just moving around. That's it. Right. So that's all you need to know about that part of banking.

But what separates a corporation or, you know, FinTech from PayPal, Venmo from an actual bank, is this is this second feature of what a bank is. So what is a bank? So a bank is a private corporation that has investors. They have money. They take in this investor capital. And then they, that base of capital, that's their bank capital. That's the money that's at risk of winning or losing.

Not the deposits. The deposits have nothing to do with this. Remember, those are just zero sum. They're just being shuff. back and forth. So based on this bank capital, the Bank of International settlements, again, in Switzerland, Central Bank of Central Banks, they make these capital adequacy rules. What they say is because you have this a billion dollars, we're going to allow you to borrow interest-free credit to use up to 30 times how much bank capital you have to purchase assets.

But because we're giving you this privilege of leverage, of free money, you're not, you can't just buy it, you want. Otherwise, it would be massive advantage and you would win the game and the game wouldn't work. So you're restricted on what you can purchase. You can only purchase like abstract securities like bonds, corporate bonds, treasury bonds, or contracts, loan contracts, right? Auto loans, mortgages, credit cards, business loans, et cetera. But those are all collateralized. So there's, there's no risk there. And so when a bank, you know, taps into the credit with their technically doing is they're borrowing free interest credit and they put that on their liability side in their book. This is what's called double entry bookkeeping, right? They borrow the money

for free, interest free, and they use it to purchase assets. And that's the whole entire, that's what a bank is ultimately. None of these other companies, you know, Venmo, PayPal, they're not banks. They're fintech companies. They only manage customer accounts. And the reason they can do that because all of their company accounts, think about, say, Venmo, for example, when you transfer your money from your bank to Venmo, what you're doing is Venmo's depositing it into their bank account. It's going to, in a bank account, you're sitting there. So when members transfer money from one member to another, money never moves. It's sitting in that bank account. It's only the records that are changing, but the money never moves.

That's why they're not banks. That's why they don't have credit creation power. The banks do. Those are different charters, different rules. They are the ones who ultimately create the credit. Now, here's what's interesting about that game. So the majority of the money ends up being credit, because what happens is that what is the credit being used for?

It's being used to purchase assets. That's the game that we're playing. Purchase assets for exchange value, right? And so they always go up in price. It ends up increasing the value of stocks. That's where people end up putting the money into stocks. into companies and into houses real estate right those are the assets that that they purchase and this is why the amount of credit money in circulation in the world is constantly increasing the debts because the

prices always go up so if if i have a mortgage of you know 500 000 on this house yeah and price of the house doubles after five years the next person that comes in is going to get a mortgage for 800 000 and so my 500 000 debt gets deleted that money is now deleted from circulation gets paid back. The credit that the bank borrowed on their books is deleted. It's no longer in existence, but a new one shows up. Another 800,000 that they just borrowed goes on their liability side. And then, of course, on the asset side is the ownership of the loan contract. That's what basically the system that we have. And so the banks, the power of money creation that the banks have is total. But it doesn't have to be that way. And so when people hear, when you,

you hear national debt you should well you should hear actually national savings if you and i buy a bond i have treasuries if i buy treasuries what that means is that i took my money this is great this these guys are so freaking genius i swear to god brilliant brilliant so here's the thing if i have a if i have a thousand dollars in my savings account at my bank my bank is paying me interest on that that's a losing you know a proposition for them that sucks for them yeah instead i take that money and now I buy a government bond, treasury. And now where does my money go? It goes from my private bank to a savings account at the Federal Reserve.

Now the Federal Reserve has to pay me interest, not the private bank. But the Federal Reserve members, America. So now the banks have a way of removing what they call excess reserves so that they don't have to pay interest on them. And now the government does. And they don't even need your money. It's not like it needs your money. They could easily create fiat instead of as a bond and just pay,

you back right now instantly, and that would be gone. But that wouldn't, you know, that wouldn't serve the functions of the banks and this whole credit creation game that is happening here. So basically people just don't understand that credit exists and how it operates. This is how it operates. It's these guys under these conditions, under these rules, who get to dictate the terms. And they're always going to win, you know, because of that leverage. And obviously with that leverage comes danger too, right? In these times of economic aren't being chaos. If their losses are greater than their, if their losses, if they start losing money, well, guess what happens? This is, you know, what happens is their bank capital, the investor capital goes down. But remember,

their leverage is based on their bank capital. And so if your bank has a, you know, a billion of assets, excuse me, a bank capital, but you have 30 billion of assets that you've purchased, loan contracts and bonds, then you're at the maximum. But what happens if your bank capital, if you have a loss from the market and people don't pay their loans back? They default on their mortgages or you incur some losses on your bonds like Silicon Valley Bank did. And now all of a sudden, your bank capital dip now to $800 million. Well, guess what? $800 million or $30 billion divided by $800 million is more than 30 times.

You have too much assets. You're not following the international rules in order to get. in accordance with the international rules, you have to sell assets. So who are you going to sell loan contracts and bonds to? Well, the only other people that buy those, majority at least for the loan contracts, it's other banks. But if all the banks are in the same boat as you and they all have to sell assets, who can they sell them to?

Nobody. And this is what happened in 2008. Well, guess who came and stepped in and did buy those assets? Federal Reserve. With what money? The yacht doesn't happen. That's how they did it. And so that whole notion of quantitative easing,

whose quantities did they ease the bank? It eased the quantity of the bank capital to be in accordance with the capital adequacy rules of the Bank of International Settlements. That's all that was, that they purchased all the toxic losing assets, mortgages and other bonds from these banks to ease their capital adequacy rules so they can continue being a bank according to an investment. and national rules. That's exactly what happened. And that's it. But they use these confusing languages and they they don't want people to know for obvious reasons. If people knew that money is just

manmade, then they would ask the obvious question. Well, then if it's manmade, can we distribute it more fairly? And the answer is yes, we can. And only because, especially today, because we have finally digital record keeping that blockchain represents that's that that's trustless that we can that we can trust right that it be altered that we know records are records agreements or agreements and they can't and you can't just lie and pretend and steal and cheat and kill like you could in the past and so all these fundamental human nature but what they call game theoretical dynamics i don't know if your listeners have heard of you know the prisoner's dilemma or the race to the bottom or the tragedy that commons, all of those have to do with trust.

You know, it's a game that we're playing as winners and losers. And if I think that I can cheat to win, then I will. But as soon as we have a trusted architecture where cheating and truthfulness is all coded and guaranteed, now all of a sudden we can overcome those game theoretical problems and finally trust one another to build a cooperative, distributive, decentralized world that was never possible all because of computer. It sounds crazy, but it's just reality. You know, humans, we're so wonderful, but unfortunately, the coordination problem without having

a trusted record keeping system, it never works. It never has. And so the whole history of humankind, if we think about it, has been what? Record keeping. It's all about records. The earliest writings are about what? Trade. Yeah.

Keep records. Who did what and who, you know, who gave what? And so record keeping, accounting, and all these systems. that mankind that we've been developing have come led to this period yeah and now it's up to us to finally take these tools and do what they were meant to do which is free everyone decentralized everything that was absolutely brilliant well said well put out there i know we're coming up on an hour you got a few more minutes or you got a hard hour right of you don't have time okay cool i did take the day off today you know it's um that was brilliant the way you put that out there and i i think

that that's the foundation of Michael Saylor's quote that it's inevitable. You know, that guy's a brilliant wordsmith. I love listening to the way in which that guy explains things and he has these wonderful metaphors and analogies. But it does seem like we're at a point where, you know, it's either fish or cut bait. You know, on some level, maybe that seems to be what's happening now on some level is this idea of international finance versus national finance. And you could argue that's what happened in World War II, is that you have these bankers like, in my, It seems to me what's happened over the last really blown up since 2008 is that the banks in the U.S. were like, we don't want to pay these BIS guys anymore.

Like, wait a minute. Like you got these Jamie Diamond guys and like these guys that are kind of national finance that are based in America. They're like, we don't want to give you any more money. They're like, you have to. I know, we're not going to do it. I think that's sort of the foundation for some of this America first is like, look, let's just stop paying the banks over there. And like the euro's gone. Like that thing is trash.

Like that thing's being held together with duct tape and like, you know, it's, I don't even know how it's surviving. But the dollar is still strong. Like, what's wrong with that? What's wrong with just having the international finance? Well, okay, so there's nothing wrong with it, of course. But you have to fundamentally understand what that game is. What it does is it turns.

Okay, so if you're the Bank of International settlements, right, these guys are the head. Ultimately, their wealth, by the way, isn't, isn't, just in the credit. They don't they don't just own the banks. Their money isn't just invested in some of these banks. It's actually invested in in it's already cashed out, so to speak. Okay. So they don't, they don't, their investments aren't in the bank capital.

Their investors aren't in the bank deposits. Like that money is theirs. And so, but that money is spread out. Like they, so they're secure. The banks may fail, but what the international currencies represent is an asset. And they're competing against one another, right? So when you trade the dollar versus the euro, the yen, it's like trading silver, gold, or wheat.

And these assets will have an exchange value. And they will heavily depend upon obviously supply and demand pressures, right? Same thing with currencies. They're no different. But what's unique about the global structure of currencies is that they typically work in tandem. And so when America prints faster, so do the rest of the currencies to keep in balance. Because if America were to print faster, produce more currency, And then the others didn't, well, then their value, their currency would actually hold.

And the value of the dollar relative to theirs would actually get impacted in exchange value would suffer because it's also an asset, right? And so, but typically these guys are all coordinated. The whole entire structure of the world is coordinated. The global collapse of 2008 affected every currency, every country, the same. But the privilege that we have as America with our reserve currencies, even if we do, it faster than other countries. It's okay because countries are forced

to keep it. Because of the import-export balances, they have to keep a currency in which to execute these transactions and that's unfortunately for them, the base currency is the dollar. That's the reserve currency. So that's what they have to hold.

But what happens if they change the rules? What happens if they say, you know what, fuck that? Why is the base currency a particular nation's sovereign currency. Why isn't it nobody's or the globe, a global bank, you know, digital currency? And that's my fear is that that's where they're going. That's the model that they're going to intentionally destroy America, intentionally destroy the value of our economy and our dollar and say it's now longer stable enough to be the global reserve currency guys. But they can do these kinds of things

because, I mean, because they can. I mean, this is how the world works. All of a sudden, the group makes a decision. And they go with. it and who are we to stop them you know we have no choice but operate under their under their conditions and so they are fast on track to do those kinds of things and they have the perfect backdrop to keep us occupied and distracted which is recessions and depressions and war and that's the perfect opportunity for them to make that switch so it almost feels like it's being engineered towards that or we can't let that happen by the way creditism is a global currency. Now, but there's a difference. The difference is that it has distribution, you know,

design, whereas decentralized and distributed equitably without centralized control versus the alternative, which is what they're building, which is centralized control of credit. They get to determine whom they give it to under what conditions. And so, and it always be for ownership of stuff. Again, for basically being able to extract value. from the world without doing anything, you know, and power. And so I don't want that. I don't want a central power that is basically control in the whole world. I would rather have a currency.

And so some of you listen and maybe hearing, oh, shit, it's global. You know, there's only one. It sounds terrible. But it's like a coordinating system. Think of it like saying, okay, you know what? The whole world's, we're all going to operate under the same principles of all driving on the left lane. Well, that's a coordinating system. There's nothing wrong with, you know, like, you know, that, that, that, that, that allows us to not have to worry about that thing, right?

Just go drive. You'll be safe. Don't worry about. No one's going to drive on the opposite side because we all agreed this is what we're going to do. The one thing here with this currency, we all agreed this is how it's going to be distributed. You don't have to worry about it anymore. And it's not a, it wouldn't be a tool of power and tool of control. And it doesn't have those, you know, so if you, you know, if you tell people about some of these features on their own, it may sound. dystopian but in totality when you look at the structure of what we're you're proposing it truly is decentralized and it truly is designed meant to be free it meant it's designed not to um to be able to be captured to be you know um dominated by one particular person or a group of people or a geography ever again and so it is the dream it's not a utopia of course there's no such thing we don't know what right we're going to produce we don't know how people are going to combine their labor and their resources

and what that pie is going to look like we're not trying to dictate terms from the top down it's not central planning saying this is what the pie is going to be right what we're saying is that we're going to invest in people we have that possibility yeah yeah people by distributing these currency units and let them interact and and see what let's let them compete fairly but let them live and compete god damn yeah yeah And I guarantee what they produce is going to amaze all of us. Because when we combine that capacity with AI and all these other advanced, you know, capabilities of learning and creativity, man, we're at the threshold of a really beautiful world if we want. It's going to, it's like, I mean, the only, my only wish is that we,

we did it earlier, but now that we haven't, let's do it as fast as we can. And so if any of your listeners are out there who are, we've, you know, because this project now is going to be tokenized around this new credit token that we're talking about, there is an opportunity and a possibility for investors in the space that they were interested in, in being at the ground floor. There is that chance. Even though me personally, you know, this project isn't about money. We're not trying to get rich here.

Obviously, it's mission driven. However, recognizing, you know, the world that we live in at present and for the time being is a win-lose is a speculative game. There is the possibility that, you know, the speculators can make some money here up front. And they would be in a position, you know, in a privileged position in the new game if we're successful in transitioning. So. I love it. I wholeheartedly agree that the wave of creativity that can come, if we're willing to have the courage to unleash it, creates abundance.

It's so hard. I feel like we've been conditioned for so long to live in a system that is rigged against you, that most people have zero trust in money. They have zero trust in institutions. They have zero trust that a government official is going to help them do something. And it's not true. Like there's awesome programs out there. I mean, it is true, but it isn't true.

There are amazing programs out there for people that need help, and we should have those, definitely. There's both, of course. Here's the thing, you know, I think is that capitalism is a for-profit game, but humans are for purpose. And so we're still going to do good things. We're still going to do, like, there's still a lot of people who are not playing the win-lose game of capitalism and losing in capitalism, but they're still winning other features.

You know how they always use those money doesn't buy happen. this and that, blah, blah, blah, blah. And all that's true. It's true. So we have this dichotomy. We have this duality. Yes, there's, you know, greedy people, but there's also good people. What creditism does this flips that switch and says it makes everything for purpose. You do, why are you going to do things is going to be for a purpose. The profit then just becomes a bonus, becomes like an extra, but it comes because you did something, you know, for a purpose. And your purposes are always going to be, you know, towards, you know, producing what you want and what you think the community wants and what's it was beneficial, productive, not these controlling and extractive, you know, the for-profit model. And so that's what's interesting about the world today, that we have both.

We have, we have that. And that's what makes it possible to transition. If there's only for-profit, oh, boy, it would be very difficult, I think. But we do have that duality. have that hybrid. And so transitioning from that hybrid to a full for purpose is is possible. And it can be made possible quicker by the, you know, control and realization of this credit of currency. Distributing currency in a fair, you know, never-ending way solves that problem of, you know, gets rid of that just-for-profit game that doesn't serve purposes.

And so, yeah. I love it. I'm hopeful that we can see a future. And not only am I hopeful, but you can see it happening already. Like, part of an artist community on X, and there's so many brilliant artists out there that are selling artwork for NFTs and making a living at it. And it's just this whole, you know, it's this whole different economy that's taking place and it's happening right now. Like, I see people making their way, like they have kind of left on some level. the system that they were born into and found this whole new ecosystem, this whole new economy,

and they're thriving at it. Like, it's amazing to see what is possible if we're willing to imagine and have the courage to try to put it out there. It's just, just the sheer weight and the might of the people that are, that, that hold the dominant power. Like, it's so hard on to see how that, that comes down without, without some form of critical or, chaos or war like those people are not leaving without taking their ball you know what i mean by that yeah george that's i mean that's it the you know the the the clarity on the transition and how all that's going to inspire is not it's not it's not something it's not easy man it's like uh it's like uh when you begin the war no neither side right as much as much as your plans may be so

advanced and uh and intimate and uh and expanded they you don't know what is going to transpire and then things change constantly during during that you know right and so the same thing here i see this trend the transition is like is going to be like a war of sorts in that yeah we can make all the plans in the world that we want but right are they going to come exactly to fruition i mean that's not how things work that's not how you have to be reactive we have to change we have to adapt but what what is what is different about this particular in the moment is that is that you know your universe the folks listening to the show we're we're we're we're a part of this digital architecture, this new digital world.

And so we can finally operate under principles of purpose rather than the profit. And so that being said, we can produce different paths and different strategies that are both that can sustain us. Even in this for-profit model, we can utilize those for-profit kind of circulation tools to circulate. navigate and transition over to this to this system so we're going to use that game use their value use their assets and build over here and so that's it's not going to be easy of course maybe it's already happening though you know i just spoke about one community that i use and you know if if you just pan back and you look at what's happening with centralization like it seems that like take the U.S. going into Afghanistan.

Like, that was a, that was, the largest military in the world got destroyed by a bunch of people that were fighting for their lives. You know, and that, that's, that seems to me to be, not that I want the U.S. military to lose to a different country, anything like that, but I'm just saying it's inspirational and I think it serves an incredible thought experiment. Like, when someone's fighting for their lives versus fighting for something that they don't really believe in, that they were lied to him. the person that's fighting for their life

is going to, this fighting for their family is going to fight a hundred times harder. Like that's who wins. They're not going to stop. They're not going to stop ever. The person might stop, you know.

Of course. At some point you go, what am I doing? Like, really this? I'm doing this thing? Like, that's not what I'm here for.

I thought we were doing this. No, we lied to you. You're here doing this. Like that's the same thing with centralization, right? Like they've been lying to us for so long. People are finding alternative commerce. They're finding alternative ways.

They're, they're quiet. They're walking out of their job. They're doing these things that starve the system that desperately needs them. And now that system that desperately needs them is like, okay, let's get corporations to buy whole housing tracks. That'll be a great idea. But that's a sign of failure. That's a sign of the system failing.

If the end result of that particular plan is that a small group of people are going to be able to capture more wealth for themselves, that's terrible. But likewise, you flip that in his head and you say, hey, within the network over here, now you've got a network of people who are going to be able to. going to capture all those resources under different reasons for different purposes to distribute that value. Now, it's a good point. You can win. No, I like what you said about the war. It doesn't matter how powerful these people are. But see, the thing is, too, that we're, that they can't, they can't shut the network down because their existing game depends upon the technology. Right. You can't just, you can't just turn off the computers. Because if you turn up computers, they need to basically shut down the economy. But the economy is their source of power. Like,

And the other thing is, I don't, I mean, I should be hesitant to even say this. But love it. But look, if, if just as Silicon Valley Bank, you know, immediately disappeared because of capital flight, because of deposit, we can do the same thing on an, you know, because of the banking international, you know, structure has specific rules on, on, on how much capital the banks and whatnot have to have. We can disrupt that through our simple stuff. It doesn't hurt us, like, for example, taking our money out of the banks and maybe putting them into a different bank in a different region that isn't participating in that bullshit and crashing them, not paying on mortgages or student debts, all these things that are not going to our jobs.

All these people-powered protests of sorts can cause massive disruptions that they just physically, they just simply cannot, they wouldn't be able to deal with. And so they wouldn't be able to stop. Same thing with what you mentioned, the Wall Street apes in the beginning. It's kind of like that. You know, you can't stop. It's happening. People that are coordinated and committed to doing something, how do you stop them? The only method would be to completely shut down the internet, but that's obviously not possible anymore.

And so the amount of power that we hold as people, when we combine together, is greater than all their money and their armies put together. We'll ever be. And so that's the goal. Does that mean that we're not going to have casualties? Oh, man, I don't know. I hope not. But yeah, it's possible that these guys play dirty. And so for the longest time, you know, I feared kind of going public and doing this kind of work because of that, you know, that notion. But that fear now is disappeared because, you know, I don't care anymore.

Like you said, you know, they're going to be, they're willing to die. And that's where I'm at as well. Like I'm willing to die for what I believe in and I believe in freedom for people. I love that. I think so many of us do. Yeah. I'm so tired of seeing my family, myself, my loved ones, living a life of servitude to something that doesn't care about them at all.

Not one bit. You're a number. Your employee number of 7243. And you know what? When you don't work, I'll just put somebody else in there. I don't care if your kid died. I don't care if you're getting divorced. You're not productive.

Like, that's such an incredible catalyst for change. And I don't think it just to me it's unbelievable like it's happening right now. Like we don't we just spoke about like we don't know what's going to happen. We know how it's going to work. But we're in the midst of the change right now. We see the economy's changing. We see people walking away. I don't understand why are people over getting mad at Tesla when they could be at the banks?

Like that that seems organized to me. You're like, hey, go be mad at that guy. That fate, this is the face of the problem. Go get with him. That's the guy. Maybe. But what about the banks, man? These guys.

Why are we all not collectively over the. there like 100% walk yeah like no they that's right they've got us fighting each other yes because because it's a win lose game like yeah we're losing and so we end up having to choose sides yeah that are going to be best for us in order to win in this win lose game but once there's an alternative that's win win uh and that people do on board and and they realize wait a minute now it's best for all of us and now you're not longer my enemy anymore they're they're the they're the kind of enemy this structural centralized dictatorial, you know, concentrated power. That's the source of our remisses, not each other.

But again, it comes down to game theory. It comes down to, you know, how I see the world and at present. These are my only options. My path is either I join a team to win or I lose. And until that new alternative comes around that gives the people, you know, that, that, you know, change. then unfortunately it makes sense for them to be America first and nationalists because this is our team. Right. I'm part of this team.

So if the team wins, I win or at least, you know, maybe not, but at least I have a chance. But if my team loses, then I'll definitely lose. And so I get all that makes sense, of course. But we have to overcome all that to realize that, hey, we can actually build a global coordinated structure where everyone, one is free where we can where it's finally based on the truth and openness and trust rather than you know conflict yeah that's that's the that's the key competition still going to be there we're still going to be like mad because that's fun as long as it's win-win as long as it's in the end everybody wins it's like sports you know you compete you compete and you lose it's okay you still

you still you still you know there's a lot that during that whole process same thing here creditism, you know, you're still going to compete. The co-ops are going to be competing to produce things, but it's okay. Everyone's going to be a winner because you're going to get paid for your labor. It's not like you're going to lose. There's no risks like to say, you know, the entrepreneurs take a risk and they lose, you know, they lose all their money or whatever. That's, that's unnecessary.

You know, the plan can fail. The co-op can fail to achieve their mission. But why should the person suffer? Why should they have to, you know, lose? you know, their livelihood or whatnot, just because they attempted to produce something valuable in the world that turned out not to be valuable. No, let's experiment. Let people be more entrepreneurial. So we need people to, you know, be creators and let them, you know, experiment. And so that's this, we live in exciting times. This is definitely, it's going to be,

this year is really critical, I think. And everyone going forward, you know, in our, in our house, and I try to preach this mantra, which is create, don't consume. And it'll fun, like, if you just do that, like, think about how much time people spend consuming media, whether you're doom scrolling or you're checking out. There's nothing wrong with it. But what if for every hour you spent consuming, you spent creating? And just get a different app instead of like scrolling your news app or something like that, why don't you get an art app and start making pictures or start doing something like that?

And I believe that that simple act of putting creation over consuming. will have incredible change in your life. And it helps open up your awareness. Like, hey, I made this thing. I wonder what else I can make. Hey, I made this. Now I made this business. Well, hey, people are buying this stuff.

But when you shift from creating to consumption, you know, you shift from abundance to scarcity. And it's a simple thing that everybody can do. And you can do it right now for this podcast. You can just start creating something. It doesn't matter what it is. It can be silly. It can be something awesome. It can be something you've always dreamed of.

But just take that first step towards to creating it and watch where you end up. Like creation over consumption, I think is a powerful metaphor. What do you think on that? I agree. Oh, no, that's absolutely correct. This is exactly how we see creditism is that, you know, the proof of participation is allowing people to be creative. You get to decide. You get to be creative.

And you get to, you know, you earn credit. You earn more money for your creativity. And ultimately, the market will determine whether or now it was valuable. And if it was, you gave even more credit. And if it wasn't, you know, no harm. you don't get any extra, but at least you get to be, you get to, you get to participate. You get to create and experiment. And so, and the more that we do that, the more that, you know, the market will discover

what creativity actually is valuable. We're at present. We're creating, we create like blocks, right? Like, we have creators, but the audience then can't consume it because they didn't give them the money. So the money has to come first. Yeah. Get that thing out of the way.

Let the person create. let the people consume and then we can flow the currency and the reward, the credit, determine, you know, based on actual real creativity and real consumption, not these fake, you know, monetary blocks and limitations that we've placed in the marketplace, preventing some creators from being able to, you know, showcase their stuff or, you know, marketing and promoting other creators who really are not even that good, But for whatever reason, because they get all this money and financing and then they get more eyeballs. But the actual value of it, you know, it's like I love the website, IMDB, the internet.

What is it? International or Internet movie database, something like that, where people can rate the movies. It's kind of like that, you know, like let people access the creative outputs. And then we can determine what was valuable or not. And so that's the kind of structure. That's the kind of world that we're trying to build this. Basically, everyone is a creator. Everyone is a person.

Everyone is a contributor. Everyone's sovereign. And anyone can contribute whenever, wherever they want. And then based on that competition of contribution, you can even get more. And it doesn't exclude anyone. And it doesn't privilege anyone. And no one's necessarily collecting anything. And no one's commanding other people.

It's truly, like you said, you know, it's that creative society. Rosie, I love it, man. I hope everybody takes a moment to go down to the show notes and check out the site. If you're curious, reach out to Rimsie yourself. All the information will be down there. And if you're curious about how you can help, look, there's spots open over there. And I hope everybody's listening. Yeah.

If you're listening to this podcast, you're on the team. Reach out. Yeah. Yeah. This is it. This is the moment. Yeah. So before I land the plane completely here, where can people find you?

What do you have coming up? What are you excited about? Well, what we have coming up is. the launch of our project, ultimate culmination of 10 years of work, not just between me and my daughter and the people in common planet, but the people in other organizations, like I mentioned earlier, to build and launch this Dow, this is our, this is, you know, this is where we're at. So we have a moment where this is all going to be come into place and made real sometime this year. you know, we're just at the beginning phases of combining all those groups together and launching this, you know, new structure. And so there's going to be lots of changes. Our website is going to be changing, obviously, because at present, the website is designed

for economists, academics, and, you know, the political types. It's really more, you know, informational and nerd. It's not necessarily geared towards the average person to get them excited about, you know, what this is and what it represents for them. All that's going to come in time. And so, but yeah, so I'm excited because I feel like all of this work that we've done, you know, over all these years is finally going to come into fruition and finally be introduced to the public. And they'll have, you know, have to be able to, you know, have their say and join and help us build this thing because it can only be built by a community. It's not a project that, you know, me or our little team even is going to necessarily, you know, build.

We're just introducing it. you know, the building is going to be everyone. I love it. Ladies and gentlemen, Remsey, hang on briefly afterwards, but to everybody within the sound of my voice, thanks for participating, thanks for being here. Thank you for understanding that relationships of the real currency.

Check out Remsey and creditivism. That's all we got, ladies and gentlemen. I hope you have a beautiful day. Aloha.