The Carbon Credit Coup with Mark Goodwin

recent collaborations over the past few months. Those articles specifically the most recent which are tokenized ink and debt from above, both of which can be found at unlimited hangout in Bitcoin Magazine focused on the specifics and generalities of the sweeping global effort to put everything in Yes, I mean, everything on the global unified ledger with unique identifiers in order to enable the new financial system that will launch in earnest well before 2030 But that seems to be the

year that a lot of this stuff rotates around in this new financial system rests on a few pillars. Those include interoperable digital ID and Internet where you're not allowed to be anonymous. There isn't even the illusion of privacy, interoperable digital wallets that enable both public and private sector, programmable answer vailable money and energy and commodities this currency and another one being the

tokenization of real world assets. And a key component of the system involves the tokenization and securitization of the natural world, which is converting natural resources and to tokenize representations of natural capital that can be stored and treated on a global network of interconnected

digital wallets and exchanges. Every tree every stream reduced to carbon and water credits to be traded in sweeping new markets that are underpinned by mass surveillance, voluntary and name only, and imposed upon the planet under the guise of saving it. However, the tokenization won't stop there beyond natural

capital. We have social capital, we have human capital, and the plan is to have all of it even the most mundane, controlled, surveilled and made tradable through blockchain technology and marketed as salvation, salvation for the planet, the economy, our society. But as we will discuss today, this marketing is all a ruse for theft in a coup so massive that millions of dollars are being spent precisely on distracting the public from what is being foisted upon us until the time

that they believe it will be too late to change it. So Mark and I in our recent articles have been picking away at different pieces of the system. And another key unifying theme is the role of debt in this new monetary paradigm. And in efforts to

sustainably develop the world. The same groups that have used it to rob pillage and economically enslave entire countries are gearing up to do the same, but on a much grander scale thanks to new technology, and the erosion of any policy protections against plunder by the same financial criminals that gave us the financial crises caused by junk bonds, savings and loans collapses in the 80s, the collapse of different currencies in the 1990s, the implosion of the

collateral mortgage obligations in 2008, I could go on the way to defeat them as to systematically destroy the trappings of altruism for planet and people in which they have cloaked themselves and reveal what they are really doing sucking us on the planet dry to feed their planetary Ponzi scheme. So without further ado, Hi, Mark. Thanks for joining me today to talk about all the stuff we've gotten into recently. How're you doing?

more serious, we'll see. So up until this podcast, we've only really done one interview talking about it. And there's a lot we didn't get into in that particular interview. But obviously, a lot of ground was covered. So maybe we could just like sort of succinctly, if possible, it is a pretty long piece, but sort of succinctly summarize, more or less what's going on here in the context of this broader new financial system that we are trying to pick apart.

you know, it really does. You know, it shows you the full formation necessary to actually kind of enable the new financial system and all the different components that you need. There's a component of sub national and regional government, you know, alliances, there's, there's a component of satellite, you know, Earth observation, there's a component of, you know, leveraging the Bitcoin Blockchain to be able to actually trade and tokenize and create, you know, carbon credits

directly, you know, onto Bitcoin through our SK. And, and then of course, there's like the registries, the insurance companies, the people that are actually accrediting these, these carbon credits and, and, you know, kind of, you know, allowing the trading and selling of the tokenized versions of these to, you know, to work in these regional and sub national

government alliances. So, you know, this is a really great place to start, I think, in trying to explain where they sort of want us to go with the modern, you know, the pillars of, of the new economy, because it's all there everything that, you know, you've been writing about, for years I've been writing about is really showing up in this, you know, it's a terrible word, because it means so much these days, but like in this kind of conspiracy in the literal sense. There's coalition

all these people coming together to build this system. All the all the pieces are there. So I think it probably makes sense to kind of break it down and look at some of these things. It might make sense to start with the green Plus program. And we can kind of get to cc 35, get to Satellogic, get to RFK. Yeah, do you want to maybe start off with the Green+ and kind of break down? You know, why that's so important to this? You know, understanding this this formation?

week. So essentially, what it's attempting to do, is to have various municipalities throughout Latin America 1000s of which have apparently signed on to, you know, sign these these contractual obligations with these groups that are running green plus, which is run by this consortium of different groups that are, you know, we break down specifically and talk

about specifically in the article. And then those contractual obligations are about these localities handing over essentially their protected areas for to be used to produce basically like farm carbon credits off of them. And the idea is that they will be paid back, they will be dispersed money that these carbon credits generate for the purpose of, you know, conservation and things like that. But specifically, conservation has to be with an approved partner approved by the

consortium. And the type of ones that are approving are the ones that are all into this financialization, securitization of, of nature, the so called nature based solutions, these debt for nature swaps, things like that, that are perpetuating

the same thing we're talking about. It's not really conserving anything fundamentally, or it's about decarbonizing and decarbonizing has to be done with this particular company that's partnered with other members of the consortium that's trying to build an intercontinental smart grid, you know, for power like smart meter style stuff. That's,

that's continent wide. So it's really a way of building this technocratic system under the guise of weird, you know, protecting the forest and conserving and decarbonizing, you know, those are the words they're using to cope with, you know, they're actually fundamentally doing which is building you know, the grid of this technocratic system they've been trying to, to build for for some time now and all part you know, it's all part of this, you know, financial system, as we've

discussed, that's built on on surveillance, and programmability of essentially everything and allowing everything to be tokenized and treated, you know, essentially as currency become tradable financial products, so green pluses on just one indicator of others, we could point to as well, of how this agenda has advanced relatively quickly. And it's not just being advanced by the left quote, unquote, because

there's a lot of right leaning politicians involved. And of course, as you alluded to a second ago, there's people from the junk bond Scandal The 1980s in 1980s from Drexel Burnham Lambert that are involved in green plus specifically are in financing it, like Craig Kogut. Yeah, but there's other figures too. sent as well, that sort of loom over this, like Richard Sandor, the father of carbon trading, who was a senior vice president at Drexel, when all of this happened is also the father

of derivatives and financial futures. Not only did he invent carbon credit trading, he also wants to make water a market in the same way, you know, clean water, a market of the same style, and essentially turn everything into a derivative. Which is, which is very crazy, obviously, when you think about it, but you know, these guys have gotten away with so much I don't think they really see it as crazy at all to just keep

going to the next level. And all they really have left at this point is to do it to the entire world.

of, you know, do this, this debt base game, you know, because before, if you're using, you know, kind of more traditional base bonds systems, you know, you have to have, you know, you know, bookmakers, you have to have, you know, large financial institutions on either side, you need to have litigators, you know, that are paid, you know, huge hourly wages, you know, basically to uphold, and then, of course, you need governments to kind of be, you know, the enabling environment, for these

types of like green bonds, green finance, junk bonds, you know, these kind of speculative financial instruments to actually, you know, just to settle, you know, you need all of these players to uphold these instruments with Blockchain, you know, you can mitigate it, you can mitigate those costs to just a couple, in this case, directly with our SK rootstock with this Bitcoin sidechain, to, you know, to a couple federated members, Federation members, which essentially, is just people

picked by, you know, this organization that, you know, runs the validators and the nodes, and a lot of these kind of structures, the side chains are sort of built, as they're

kind of decentralized in name only. And they're kind of, you know, banking off of the goodwill, you know, of the distributed model of Bitcoin, I mean, that's why these are sort of, you know, created as, you know, they're used as side chains, rather than, you know, maybe on like, Etherium, or, you know, some of these other other, you know, more obviously known centralized figures, they use Bitcoin, because it has the most kind of like sentiment behind it of being this like libertarian,

anti state, you know, product of the people this revolutionary thing, which I think, in many ways is arguably true, of course, but you know, also in a lot of ways in the same way that it empowers, you know, the the unbanked or whatever, you know, it empowers criminals, it empowers Military Industrial

Complex agents. So like, now we're really starting to see, you know, the PayPal Mafia, Peter Thiel, Elon Musk, Steve Mnuchin, Howie Lutnick of Cantor Fitzgerald, like all these people really leaning into kind of hiding behind bitcoin, as this, you know, you know, libertarian and cat movement to actually, you know, basically make right wing carbon markets and push people towards this green finance, which, you know, you've been writing about for a long time, and a lot of these

green finance goals are, are some of the worst of the worst of this private public paradigm. Yeah,

and private. I know we've discussed it a lot on some other interviews, we've done the get together but I don't know if necessarily on this podcast, but I think it's very important for people to understand that the whole idea you know, like so like take Larry Fink for example, Larry Fink was demonized, quote unquote, and is now facing anti woke backlash because he was considered a quote unquote, woke figure for his promotion of ESG when he was on the west Board of Trustees,

I'm not sure if he's actually still there or not, but he was a big proponent of of carbon markets and all of this stuff. And, um, you know, while the backlash was happening, you know, a year or two ago he said something to the effect that you people misunderstand why I do this. It's you know, it's because of the profits the returns.

been to frame it as a voluntary carbon market. But there's obviously going to become a time when it ceases to be voluntary, or it'll be voluntary in, in name only, not unlike, you know, vaccine passports and things of that nature. And that's what a lot of this other stuff is to beyond the carbon market that is going to be part of this new financial system, the digital wallet, the digital ID, it'll all be this voluntary in name

only and decentralized in name only. And they're going to market it to us by making it look like a mix of public and private players all harmoniously, you know, coming together to make this truly decentralized system, but they're really, you know, operating under the same rules, they have the same goals. They are, you know, very interlinked.

A lot of these entities, when you look into them, they operate under consortiums, for example, like ID 2021, being a relatively well known one, a promoting digital ID that was really the product of, you know, Bill Gates and the Rockefeller Foundation, essentially. But argues for interoperable digital ID, let's have a whole mix of all these different vendors and suppliers of digital ID, but we want them to be interoperable because the goal is to have it all be exportable to the same place. So

you get that centralization at the next layer. But it seems like the public facing layer makes it seem like it's not all the same thing. To give the illusion of competition,

you're over 21. Yeah, sure, you can do all this cool stuff, where you can only show the verified credentials, you want to show and just, you know, show the bar, you know, the doorman at the bar that okay, you're over 21 Without revealing, you know, normally when you give someone your license, right to get into a bar, you tell them how tall you are, you tell them what color your eyes are, you tell them if you have to wear, you know, glasses to drive, you tell them your home address, you

know, there's a lot of like data, you're just giving up to some random stranger to get into a bar just to be able to prove or 21 Digital ideas, you know, have this this like, selling point of like, well, just the Verify credentials you want to show, it's like, well, you still have to have some sort of interoperability with some centralized governance to create

that. So the DMV, or the US government Passport System, or, you know, some sort of Interpol or some, you know, there has to be some sort of centralized walled garden for these

decentralized blockchain token identifiers to work. You know, it's, it's the idea of kind of decentralizing ID is kind of so ridiculous, when the whole point of it of ID, what even is ID, you know, like, there has to be this sort of, it's, it's useless in on its own, it has to be, you know, you know, based on, you know, you know, some sort of reputation, which requires some

sort of other, you know, consortium of people. So there's so much just white, or I say, white washing, but you know, decentralized washing, and a lot of these projects that just don't really make a ton of sense. And as Fink says, you know, it's about profits over everything. Well, the only thing that's more important to these people in these these groups of control than profits are like, is the data that allows them to,

to force the control. So yes, there's profits, which is a big part for a lot of these people, of course, then the other side of it is the all the data that it enables, and all the surveillance and, you know, that's what these systems really are, you know, they're databases, that's what Bitcoin is, it's a database, that's what all these side chains are.

They're, they're pegged databases to Bitcoin that settles that state, to Bitcoin. So it's like this really amazing phase shift dialectic where they're pushing it as this, you know, totally like freedom bringing a wonderful thing. You know, because we control the node and we control the data. But in reality, you know, it's creating a whole a whole public

open database where anybody can access this stuff. And so now we're seeing them you know, use the blockchain I think, really, the majority Uh, bitcoins life, you know, you haven't really seen a ton of obvious, private public moves. It's really they kind of just kind of let it grow and let it be its own thing. And now we're in a new paradigm. You know, we're in a post ETF, Blackrock world or Blackrock has, you know, what it's like 400,000 Bitcoin now or something. I mean, it's just

absurd. The US government has, like a million Bitcoin with between the DOJ between, you know, private companies, you know, buying up a ton of Bitcoin, you know, under, you know, the jurisdictional arm of the US government. You know, this idea that, you know, we're sort of that it's this anti

state thing, it's just really not true. And then you look at a green plus, and you're starting to see this, not only is it, you know, optimized for the dollar risers, now, it's being spread out, you know, through Central and South America through, you know, I think cc 35 is named that because of the 35 capital cities, right? So we're seeing, like the sub regional national governments agreeing to, you know, to participate in this carbon market that literally involves Earth observation data

from Steve Mnuchin. And General Dunford, and, you know, the richest man in Argentina, Marcos Galperin, and we're seeing, you know, the, the, the dollar eyes, like the dollar rising, basically, you know, move in and use, you know, the blockchain as as as an enabling environment to like create a really scary surveillance mechanism, not just nonprofits about surveillance.

place, because it's a it's a very spooky company. And I think it also speaks to the importance like why the mass surveillance agenda is so important to these people from the financial perspective, because it gives them extreme predictability over markets, and is risk reduction, among other things, but we can get into that in a second. So Satellogic is the company that's underpinning a lot of this green plus stuff, they do the satellite surveillance, that's, you know, key to this whole new

carbon market model they want to use. And really quick before going deep into Satellogic, I guess, it's worth mentioning how that new model is going to be. So up until this point, the voluntary carbon market, the current state of carbon markets

that we're in, have had a lot of problems with adoption. And a lot of people on the left that are worried about climate change, environmental groups have been very critical, not just you know, people on the right, for example, that don't want anything to do with it at all, but you have people on the left that criticize it for being very grift, prone, and fraud prone, which it has been I mean, there's been numerous cases where the main carbon credits certifiers or other entities

that are issuing carbon credits are involved in creating them in some capacity have been created completely fraudulent credits, that, you know, there's been estimates that, you know, over 90% of the carbon credits in the existing voluntary carbon markets are meaningless, meaning they don't actually offset carbon or reduce carbon in any significant way. You know, it's essentially just a new market being created, under you know,

certain metrics, but it doesn't even meet the metrics. It says it's meeting and we're told we have to do this to save the planet, but it doesn't actually do anything to save the planet under its own metrics for existing. It's very insane. So the way they're trying to get around this isn't to stop the fraud and the grift or actually make a solution that works under their own metrics, right? Instead, they want to ensure carbon credits and create a new market for the insurance

industry. So there's been all these different companies that have popped up, including existing insurance companies as well, obviously getting in on this. And there, a lot of the ways they're responding to this is by making new insurance products, one class of them are called parametric insurance products. And these are being marketed for climate unexpected events, things like you know, climate change related events, natural disasters, but also pandemics for example, things

like that. And the idea is, you know, having it payout at a specific point. And so a lot of the the insurance angle of this for carbon credits moving into that paradigm of carbon credits it rests heavily on surveilling the area that the carbon credit is being issued from the trees are essential, right, right. So you Yeah, so Satellogic is providing that service and as surveilling all of the localities that have signed on

to this, but the problem is the satellite company. Our career is run by career US military contractors, they're teamed up with SpaceX, and Palantir, which are the biggest contractors, arguably, in terms of their significance and importance to the intelligence community and to Space Force, which is the, you know, essentially what they tried to do in the Reagan

administration, the military militarization of space. Now we're having that advancing drastically, and being linked up with Latin American municipalities through these contracts that they're signing under the guise of green plus their, you know, Space Force, people are essentially getting a foot in the door this way. Indirectly, but we know how these guys work. And they, if they can get in, they'll get in,

you know. So let's, I guess, talk a little bit about Satellogic, who's on the board, you mentioned a few names, but maybe we should spell it out a little more in their significance.

And there's no way to actually like refund a payment without just generating a new one. You can't clawback a payment when you're using Bitcoin, which is really important for these types

of Grifs. You know, because the government can't say, oh, hey, you know, you know, you have a huge fine, you broke the law, you need to do, you know, you need to give this money back, it was stolen, it was taken, you know, no court can basically say, Hey, we're seizing your funds, because it was gathered, you know, illicitly, or, or, you know, you took advantage of them, there's no litigator, that can that can, you know, revoke a blockchain transaction. And then the other aspect of it, too, is

that, you know, they're called smart contracts. But they're really dumb. They're super dumb, and they only run off of the

data that's actually inputted into them. So a company like Satellogic, if you're trying to create these, like really fancy green bonds that only pay out coupons, you know, based on, you know, a reduction of a greenhouse gas or, you know, some other, you know, metric right, parametric, some other metric that you know, that the bond issuers agree upon using a smart contract, you know, the data has to actually be fed into

the contract, otherwise, it won't, it won't settle. So, again, this is a little bit like what you instar talked about on your AI podcast that, you know, perhaps some of this is just, you know, an ability to create a man behind the curtain and just blame Oh, well, hey, it's, it's the smart train. It's the smart contract. It's the blockchain, you know, but really, it's like the federated, you know, seven guys in a room that agree on it.

Right. So there's a little bit of that being played into here. And I think that's, that's important to understand that, yes, I do think Satellogic does have these capabilities. I do think, you know, this idea of remapping the planet, high frequency, high resolution, you know, is a real fear that we should have, but the way that they're framing it, you know, is for this smart contract, you know, feeding of data into these

green bonds into these carbon credit market trading. So that's sort of why Satellogic plays such an important role in this municipalities, regional government agreements, it's because in order to actually uphold a blockchain carbon credit market, you know, you need a lot of data. So that's sort of the primer for this. But yeah, let's get into this board, because it's totally insane. Yeah, I don't know if you want to start to go through it. But you know, we'll start right off

at the top. You know, Steve Mnuchin is the chairman. And that's, I think, how we found out about this, I believe you were going through Steve Mnuchin stuff, right? Is that real

mentioned them on the interviews. Probably a few of the ones I did last year, specifically because it the reason I got interested in cyber reason was because they essentially admit to being an Israeli intelligence front company, and they were sent simulating with DHS and US police departments and different intelligence agencies. The cyber attack essentially conducted on US election elections like gets

the election canceled and martial law declared. And obviously, because we're an election year that became a renewed interest. But it I think it's very interesting that Mnuchin leaves service in the US government and then goes and invest right away in an Israeli front company. And then he's also at the same time attempting to recruit the head of Mossad,

Yossi Cohen, to his, his new VC firm. And he's there with also the Trump's ambassador to Israel, David Friedman, who was like very admittedly, just as you know, immersed in the politics of Israel as the United States in a way that's very uncommon for ambassadors to be in was criticized as being more and more interested, you know, more interested in in Israeli political interest than advocating for US interests, I guess, should be said, which is important, which isn't that

unusual, I guess, in terms of us is real politic or whatever, but it is kind of, you know, ironic, considering the whole America first mantra of the Trump administration. So Joseph Dunford is another person on the Satellogic board, he was head of the Joint Chiefs of Staff or, you know, the different branches of the military. under the Trump administration. Of course, that's when SpaceForce was made. And he was recruited to a many

Chin's VC firm, after the Trump administration as well. And they are both involved with cybereason at the board level as well. So they're simultaneously on the board of this Israeli intelligence front company as they are with Satellogic.

But, you know, Mnuchin was the, you know, obviously a one West partner who was a huge profiteer in the 2008 crisis, when he's, you know, leading the Treasury, he brings in Brian Brooks, who was the former VP of Coinbase, to run the Office of the Comptroller of the Currency, who was the first guy to put in a law that says that banks can hold crypto assets and that

banks can participate in stable coin creation. Also another great point, right, but on the last days of Trump's administration, he pardoned Michael Milken, who, you know, Craig Kogut was basically the the head legal advisor for during that whole junk bond scandal. The reason why I bring up the you know, this whole, you know, Trump administration stuff

with the stable coins and the Brian Brooke. Conversation is, you know, as we get to our third member here on the board, you know, it's our boy, Howie, Howard Lutnick, who is the Chairman and CEO of Cantor Fitzgerald, which is the group that holds all of the US Treasuries for tether, which is the largest stable coin provider and issuer in the world, which has just under $110 billion worth of stable coins, and are one of the biggest purchases purchasers of US Treasuries,

certainly over the last 18 months, I mean, just gobbling them up. And the government literally needs people to buy these things, to service their debt, to service their budget. So you're like already beginning before we even like get into the rest of them get into, you know, like a lot of stuff about Satellogic. You know, you're just looking at the first three

people listed on the board. And you're already seeing this crazy, you know, connection with the public sector in a very important way, specifically with the Trump administration, which again, we can connect to think who manages his money before

him. I mean, there's so many things you can look at here, but like very directly, you know, some of the most important players in the private public domain of, you know, private capital creation, and stable coins and blockchain integration with the public private sector are apparent here on this board of a satellite company.

they market it to specifically banks, insurance companies, all sorts of stuff, because they want to, as they say, democratize surveillance, right. But that's not really like, I mean, that's, I think, kind of a misuse of the word democratizing the way most people think about the

You know, greenwash whitewash, whatever you want to say. And these guys are doing it again, you know, their, their, their line is observation is preservation. It's like, preservation for what? For, you know, the people that profiteer in and made billions and billions, if not trillions of dollars on Yeah, you know, these these junk bonds exploding on

the 2008 mortgages exploding on the COVID stimulus policy. I mean, we haven't even talked about it going public and can't or running the SPAC for them, and JP Morgan being the Special Advisor for Satellogic. I mean, there's just the goals are, are all abound. But let's let's continue running through the there's

partnered with Satellogic. And we have this broader network, which we're going to be talking about more in our next piece of this debt from above series, you know, often referred to as the Pay Pal mafia, but it's essentially a specific group of Silicon Valley billionaires that openly work together. They're pretty much an open Cabal, and they like, like the term mafia.

And it has a lot of World Economic Forum affiliations. It's chaired by Edgar Bronfman Jr. and people that are familiar with my work. Specifically, my book will know all about the Bronfman family, so no need to dwell there, but also Reed Hoffman, who is co founder of LinkedIn, a member of the Pay Pal mafia and also the person in Silicon Valley with the closest relationship of the mall to Jeffrey Epstein is one of the

key players here. And he is on on the board of Endeavor Global with Edgar Bronfman Jr. But he's also very involved with these. The Argentina branch of Endeavor, of which Satellogic is part but a lot of these other entities that we'll be talking about more are there too. And one of the big the early earliest success story of Endeavor and creating a company is Mercado Libre, which is essentially like the Amazon of Latin America, in the same monopolistic sense of Amazon

today. That is exactly it's a very good analog to what Mercado Libre has become, and it was created by this particular group Endeavor, but the guy in charge right is Marcos Galperin, who's become the richest man in Argentina as a result and he is the person on Satellogic's board after Mnuchin Dunford and Lutnick so you have this particular guy and why is he important in the context of what of these other you know three

men that we've already talked about that are on the board? I'd like to drill down on that for a second because Mercado Libre is not just a marketplace it's essentially becoming a bank, a digital bank and the main digital bank for people that are being economically pillaged right now in places like Argentina, but you know, also others but Argentina is probably the one that's like most acute economically right now. And people are being forced to not use the Argentinian peso because

it's, you know, so volatile and been so heavily devalued. And so they're the biggest adopters in the world right now of stable coins and other cryptocurrencies and you know, Mercado Libre through Mercado Pago through its relationships with other groups in the area, like or companies in the area that are the the

main infrastructure for this market there. Ripio Mercado Bitcoin and Brazil, they're essentially running the lion's share of the rails on which this parallel economy that's intentionally being fed by, you know, the the heavy devaluation of the Argentinian Peso and Javier malaise, quote unquote economic shock therapy in the country being forced to onboard to these systems and Argentina is essentially becoming the economic beta test for a lot of the stuff that they want to roll

out. And in referring to some of those pillars that I set off in the introduction, the idea of having commodities and energy as currency. Yes, Argentina is essentially becoming ground zero for that. And there's an effort to make stable coins that are pegged to commodities, specifically Argentinian grain exports, and that has already advanced considerably through a company called Agra tokens backed by Visa. And you have a significant amount now of farmers in Argentina, who are

not interacting with the peso at all. They're interacting with these stable coins that they're trading over, you know, rails that either run by, you know, funded by Visa or affiliated with Mercado Pago or Mercado Libre in some capacity. So when you take that combined with, you know, you have the tether, custodian guy there, the Treasury guy and the guy that literally ran the Treasury Department in the US on the same board of the satellite company trying to impose a carbon mark

on a lot in Latin America. It's crazy stuff. Oh, yeah.

companies in the world, also conveniently on the board, which is, which is sort of interesting. But yeah, I think Mercado Libre is, is really fascinating, because I think especially you alluded to the PayPal Mafia, right. And I think one of the things that people really forget about PayPal is where it got its market share from and where it really captured so much was through its, you know, collaboration with eBay. And for eBay to work as the kind of marketplace that

it was being online. You know, you needed an ability to protect buyers, from people that were selling fraudulent goods on eBay, or that were, you know, you needed a strong consumer protection for the buyer. And so eBay offered that in a way that was kind of unprecedented, offer an online business, even more so than a Visa or MasterCard, or an ACH or any sort of wire transfer. So they combined Buyer Protection with instant

settlement. And that was sort of the, you know, the killer app that, you know, allowed people to really take what, you know, the huge lion's share of settlement was because of this market. And so you really needed eBay to have PayPal take off now, PayPal was far beyond, you know, just being eBays, you know, settlement tool. But I think that's really important and discussing, you know, the proliferation of PayPal was was Pierre Omidyar and eBay and you know, a lot of these,

that eBay vibe as well. So the, the decision of the market maker of a Marcos Galperin that you know is has you know, billions of you know, I'm not sure directly yet if Mercado Libre has a billion users but you know certainly hundreds of millions you know, throughout Latin America throughout Central and South America and you know, more or less at the flip of a switch you know, they can actualize you know really quickly right like we saw Venmo which is a PayPal product now, integrate it

basically in the back end, Pay Pal stable coin. Now the you know, the hundreds of millions of people that use Venmo and now have access to a stable coin that's operated by Paxos because of a flip of a switch of a you know, controlled group of people now that the entire market has access to the stable coin they now have access to Bitcoin Aetherium whatever, all the

other things. So, you know, there is sort of this there's a need for a market to actualize these, you know, if they if someone wants to circumnavigate the state's power to print money, and and that's sort of seemingly what a lot of these people now jumping, burnt jumping from the Burning ship that is the US dollar system and the US government now buried in over $33 trillion of debt you know they're jumping from the burning ship the rats are leaving and swimming away you

know what where do they want to go next they want to go to you know, basically you know state free money that uses some sort of commodity backed thing which you know in this case you know, is that kind of wheat grain real and assets and now they need to market to to great to get velocity and liquidity for so Mercado Libre plays a really interesting role. Again, they

haven't really done anything yet. They've integrated some some blockchain stuff they've they've they've done some messing around with stable coins, but nothing at a super fast level.

ecosystem. I mean, you know, as the as the issues with the Argentinian peso deepen, it's not going to get better under Milei, the peso issue, they're going to onboard people on to these other currencies, I think it's pretty clear that the infrastructure for that, Tony now, that's what they plan to you.

decentralized or very useful as a decentralized thing. You know, if you control all the on and off ramps of Bitcoin, to be dollar denominated, which they basically have done and creating no your customer AML you know, anti money laundering, you know, kind of systems and all the exchanges that have any sort of meaningful volume, you know, you create a system where, you know, the controlling, you know, elites basically get to, you know, kind of utilize Bitcoin, you know, to perpetuate the

dollar system, right. So Mercado Libre is now kind of propping up as the market to basically, you know, bring blockchain and there in these tokenized assets to the global south to South America. So it plays an incredibly important part to actually actualize all this stuff, you need users you need to market because this these dollar denomination things, these tokenized credits these like they don't work unless people actually are there and have access to them and can use them.

So I think that there's it's not a it's not a surprise, it seems so crazy to be like, why would a agriculture company machinists guy from Caterpillar, a mark, eBay market guy, a treasury holding Investment Company, saddle or a job board general? And an SEC, or former Secretary of the Treasury? Like, why would they all come together and form a company? I mean, it seems kind of crazy. Until you actually look at the mechanisms they Oh, wow, they these are all the essential pillars to create this

right? Well,

something like that CTO? Um, yeah, they previously had a company called core security technologies before creating Satellogic and that was a contractor to DHS to DARPA, you know, intelligence in US intelligence and US military

agencies. They're based out of Argentina. But how much of an Argentinian company are they really and Satellogic actually relocated from South America to the United States in search of US government contracts and to deepen their space X partnership, specifically, with SpaceX, having been noted noted in the Wall Street Journal and other places in recent months for intent, you know, deepening its connections to US

intelligence. And it was already the main contractor for Space Force, which is part of the military, but Space Force is also an intelligence agency. And every intelligence agency uses Palantir, from Peter Thiel, and Palantir, as I've written about before, was created to be the privatized version of the DARPA program total information awareness, which is literally about surveilling the entire planet, from space to like, the

smallest level technologically possible. And using running that through things like predictive analytics to predict events before they happen, and polluting predict pandemics before they happen. And a lot of that rhetoric was around during COVID. And of course, Palantir is managing all of the COVID data for HHS and the United Kingdom. But we've also heard it for terror attacks. So just the ostensible reason that total

information awareness was launched. And then when it was about to be shut down, they tried to revive it by renaming it terrorist Information Awareness. But that's also what you know, Palantir has gotten into and they do predictive policing, predicting crime before it happens at the US level and all of that. And actually, during the Trump administration, there was a big effort to prevent mass shootings before they happen by predicted doing predictive analytics on

American social media posts. That was the Trump administration's idea. And Bill Barr, Attorney General under Trump legalized pre crime. So we have to keep in mind here that both sides of the political divide are creating this system and backing this system, and carbon markets ESG it's not just a quote unquote, Democrat thing, all these guys are getting in

it. And they're using either side of the political divide, whichever one will stick to get the system in place, you know that the party is irrelevant, they all are taking you to the same place at the end of the day. And I think that's something that's um, some of my recent reporting on the effort to create the biometric smart wall on the US Mexico border.

That's been like the Democrats response to the quote unquote, building the wall under Trump and now they're all agreeing, including Trump himself, that that's the wall that needs to happen. But it's the exact same thing that's being implemented essentially in lockstep all over the world as far as biometric Entry Exit programs go and it's part of the Sustainable Development Goals un plan, which was written by bankers, essentially. Yeah, so I mean, it's

more. They were also an Endeavor, and Trump, an entrepreneur from the Endeavour Foundation. And which, you know, there were some interesting connections there with Eduardo el Steen, who was the president of Endeavor, Argentina, who is a very ghoulish man, maybe we can get into later. But then also cargo women in between core securities and Satellogic also did a venture called a konkola ventures with credit Kogut.

Again, the Milken Drexel guy who did Pegasus Pegasus capital, in their venture ended up being a member of the Special Projects group at the World Bank, again to kind of get into this private public bullshit. And then COVID PEGASE capital is a huge founder of CC 35. funder. Yeah, yeah, yeah, sorry. Yeah. Huge funder of CC 35. Yeah, I

become. Mark Carney is the guy that like covered up drugs, the laundering of money and the bill like a millions and millions of dollars for drug cartels that HSBC was doing he like helped cover that up, has just been a point man for the banking cartel, his entire career, head of the Central Bank of England

of Canada. And just one of the worst, for sure. And he's the guy that's, you know, authoring and helping plan all of the UN's climate finance objectives, which we're told that those climate finance objectives and programs and whatever that he and his affiliate Mike Bloomberg, the billionaire are making under the auspices of the UN, this is the only way to save the planet. Because using any other sort of, you know, dialectics no one's going to buy in or onboard to this thing at

all. We literally have to be told that it's like our salvation from complete doom and destruction, to start participating in their market that they have designed to be rigged in their favor, of course, but framed as saving the planet but really it's allowing them to, you know, gobble up the planet under the guise of saving it. Yeah,

restrictions on what they can do, and how they can, you know,

who they can actually work with whose data they can sell. So it actually makes a lot of sense, when you look at the restrictions of, you know, I don't know the Bill of Rights, what that actually restricts government's from doing, you know, it makes sense that, you know, these ghouls would basically move into the private sector and why Satellogic would move into the private sector, featuring all of these former public sector, you know, veterans, that's quite literally

veterans in Dunford case. And it's because, you know, in the same way that we've talked about Central Bank, digital currencies, sort of being this red herring, because the public sector has a lot more restrictions on what you can do with user data, who you can blacklist the private sector, you know, there's there's very little that the private sector has restrictions on, but what they can do with customer data, who they can observe, and all this, you know, and that's why

we're seeing a push for private sector stable coins, rather than public sector issued, you know, dollar tokens, because it just gives them so much more, you know, ability to do things and

that's, you know, we were seeing that in in Satellogic. And seeing that wisdom of their partners, there's the other, you know, satellite company or kind of laser satellite infrastructure builder, it's also Endeavor funded fancy enough, but that sky loom that, you know, has worked with, you know, building commercial and military satellites for the Pentagon space development agency. So andeavor is funded

them Satellogic is working with them. Satellogic is working with Amazon Web Services, which, you know, to just stream basically the 50 gigabytes of data that the satellites need, you know, back to Earth. You know, in Amazon Web Services, of course, is one of the CIA contractors along with like Oracle, and, you know, a couple, a couple other groups that have gotten these huge these huge, you know, public sector contracts, but their private

etc. And we see them as these private companies. And there's been this whole rhetoric that's been put out there in recent years, specifically, when it comes to issues of like social media censorship, to treat these private companies is, you know, entirely separate from the government, which is not the case at all. And they've been it's been very useful to them for a variety of reasons of trying to like rein them in for

certain things, they get in trouble. They go before Congress, people say, Oh, the public sector needs to do more, but our hands are tied their private companies will really, you know, again, the public private division at this point is completely meaningless. And they use it as another divide and conquer, you know, tool, get people mad at the public sector

say the private sector is the answer. Get people mad at the private sector, see, say the public sector is the answer and ping pong people around just like the ping pong people, between Democrat and Republican. I mean, they're fundamentally related, right? Because Democrats are the ones that are like, stronger public sector and the Republicans are stronger private sector, it's all part of the same ping pong. You know, having people distracted from what's actually going on all of

the time, but essentially, the public and private is fused. If there's a unit party, I guess you could say there's a unit economy. I don't know.

financial paradigm? Well, exactly. Yeah, exactly. It's all part of the same thing. Fundamentally, there's these global policy pushes on which every nation agrees, not unlike how both political parties in the US agree, essentially the same things on foreign wars and Israel and tat, you know, certain things about taxes. And, you know, I mean, the, the actual differences are relatively meaningless, and

largely based in the in the culture war, right. Yeah. And so, yeah, and so, to have it go, you know, beyond that, I mean, they want to, they're entertaining us, essentially, they're distracting us from what they're actually building, and what they're actually constructing. And they're hiding behind the guise of this great power competition at various levels. And also, behind this veil of altruism. And I think that's particularly interesting in the context of the PayPal

Mafia, and also, you know, the crypto space. So like when FTX collapse, a lot of people, including myself, looked at Sam bank, Ben freedom, his involvement with so called Effective Altruism. And that's sort of the philosophical veneer that a lot of these Silicon Valley billionaires hide behind. But it's really a veneer. It's not really about altruism, in any sort of actual sense. It's, it's sort of like an elitism

that's framed as altruism. And, you know, a lot of the stuff coming out of the UN is also framed in altruism, altruistic terms, we're doing this for the good of the planet, we're, you know, in doing this to save the planet, and we're doing this for the poor, but they beta test all these control systems on the poorest and the most vulnerable and have done so repeatedly. And help systematize their this disenfranchise them being disenfranchised by powerful private interests that are

funding the un un is not a public sector thing. It is a public private thing. And it is being run by people like Mark Carney and Michael Bloomberg right now. And those people are not do not care about the underprivileged and the poor. I mean, it's just absurd to think that they

corrupted private sector goblins. But you know, seeing a Trump seeing a Milei you know, there's a Bolsonaro seeing these figures come that are pushing, you know, this anti state, anti Deep State, maybe there's an extreme sense of patriotism still, or something like that, but the actual rhetoric is, you know, hey, you know, yeah, like the bushes and the Clintons let

you down, Obama let you down. Here's Trump, you know, to fix everything and it's just like he's as corrupted as any of these other people he's as involved in in all of these secret you know, ghoulish things as any of them affiliated with Epstein, you know, through and through, much like the PayPal

Mafia, Ilan to Hoffman. You know, and now we're seeing this Milei coming out who's literally you know, campaigned on you know, getting rid of the central bank and bringing in outside financial interest to dollarized Argentina and it's being done as this you know, altruistic angle but it's like he's selling out the country he's taking the lithium deposits selling them to Israel. I mean, it's, he's he's a private sector goblin. And, and people are cheering it on as he's literally cutting up the

country with a chainsaw and selling it. So now that there's this useful phase shift towards, you know, hey, like the government lost your trust. The CIA is bad, and the central bank is bad, but don't blame Palantir don't blame Pay Pal. And, you know, don't don't blame this the private sector banks that control the Fed. No, no, no, no, no. afuera the central bank. But let but let the rest of us run and dollarized the global south

under the dialectic of altruism. Um, so we're like, there's a reason why these tick tock creatures and social media you know, presidents are coming out Not that generate this consent, manufacture this consent, you know, for this anti public sector, you know, rhetoric like right at this at this important time as you know, Blockchain is basically coming into fruition and being accepted and integrated by both the private sector and the public sector that these private sector

goblins running control like a BlackRock. So like we're seeing a new enabling environment present itself. And it's really important to kind of take a look at that and understand you know, why now, why is there? Why are we getting figures promoted in platform? Why is Milei speaking at Davos about how much all

these people suck? But capitalism is the answer, because they want capitalism This is how they actually complete the coup, is to actually circumnavigate the central bank and to circumnavigate the public sector restrictions on what the private sector can do. This is why they had an NPR is now saying, you know, the, the biggest thing in

the way of misinformation is the First Amendment. You know, it's it's totally insane, where we're going with rhetoric, and people are pushing the Overton window so far the other direction, that by the time I think the pendulum swings back, like we might be so far gone. And people are really just cheering for this this dissolving of, again, I don't like the state, I hate the state. But I also understand who runs the state and who controls

it. And it's these private sector people that, you know, that that that push all the buttons here, and I don't want them to run things. That's not it. Let's meet the new boss literally same as the old boss. And they're creating surveillance networks, blockchains dollar tokens and real world asset commodities. On this new enabling environment, that's blockchain. It's very concerning.

because it's a threat to human freedom and whatever. But in Florida, he's become, he's forcing the adoption of the Florida smart ID, which is a digital ID product made by sales, which is like the flagship World Economic Forum, strategic partner for digital ID development. I mean, it's just insane. So yeah, so you're gonna have the digital ID, I guess it's going to be you know, framed as freedom maybe I don't

really know how DeSantis is going to do that. But he's one of those political creatures that framed himself in sort of this new mode of, you know, I'm Liberty minded. I'm coming against the standing against the tyrannical state and the tyrannical plans, you know, that was a big he was built up in that way because of his COVID stance to a significant degree, and then making this statement on CBDCs. But here he is implementing digital ID in Florida. And a lot of states

have gone quite far ahead on digital ID. And in the case of El Salvador, you have them being specifically the mayor of San Salvador, which is the capital which Mikayla used to be mayor of before he became president of the current Mayor of San Salvador, Mario deuteron, is about to be head of CC 35, one of the main green plus entities, he's vice president for Central

America of it now. And it has been, you know, a big promoter and adopter of the specific stuff and is also overseeing the installation of these like biometric video surveillance systems all over southern San Salvador, that are tied up with this Israeli tech oligarch figure who has an Israeli intelligence background, who happens to be a very close friend of Nayib Bukele. So it's very interesting that someone so closely affiliated with Bukele would be involved in this carbon

market style stuff. And the climate integration of the Americas economically integrating the Americas through a carbon market and leading the organization that literally has that as its mission, and not being rebuked by him unless Bukele's down for that stuff, too. I mean, it just seems a bit

weird. But again, I think, you know, some of the role of Bukele here, you know, regardless of what you think about them, there are some troubling things that have happened there in the sense that a lot of glorification of the military, that usually does

not end well. And of course, El Salvador is a country that for a long time has had a relatively close relationship with the US military, and a lot of major traumatic, violent history, largely caused by the influence of the CIA in there and like the creation of US intelligence back that squads and stuff not unlike what happened in other countries in Central America. can let same period of time. So a lot going on there that to be wary about,

for sure. And also, I think, you know, I didn't really know a lot about how El Salvador had implemented its whole approach to Bitcoin until we started sort of researching a bit for this piece, but it seems like a lot of it is running on the rails of our grands, not so much as Bitcoin and alder. And as we note in the piece, basically, the person that introduced Michael Milken to cryptocurrency is, is the person that runs out around right now Stacy Ward and who used to be one of the main

Latin American debt vultures for JP Morgan. So is that the kind of you know, I don't know, it seems like there's a kind of if that's the case, you know, the things I lay down, you know, it seems like there's definitely been a extreme degree of romanticizing this particular figure, and I think we should ask why that might be in

concerning to me, in a lot of ways. And, you know, I understand I think El Salvador has been a very important thing for a lot of you know, for you know, Bitcoin right as this is kind of the first country the shot around the world, the first people to legalize it, make it legal tender. Well, they're a dollarized country, one of 66 dollarized countries. And, you know, one of the first things that they did immediately is

build the 40,000 person prison. And there's a lot of just very backwards, you know, Bitcoin is this anti state, you know, freedom, focus technology, anti dollar, you know, getting out of the dollar homogeny it's like, well, then why are so many of the people surrounding you know, the dollar, the Bitcoin isation of El Salvador, major players in the dollar system, and the prison system, it's very concerning, and I think that it

deserves a lot more discussion. And I think that this is something that there's a big issue in the Bitcoin space I can speak of specifically is that there's a lot of tether funded, you know, discourse in media, and a lot of the, you know, major figureheads in the Bitcoin space are literally paid by tether or heavily involved, you know, investors in tether, and it does a great disservice to actually be able to discuss some

of these things. And, you know, maybe arguably instead of, like, I'm gonna get killed for this, but you know, maybe rather than the Bitcoin zation of El Salvador, it was really the weatherization and the dollarization of El Salvador.

And I think that's worth having a discussion about, especially when you look at some of the private companies that went in there like a strike, you know, in there, like the way that they integrated it right off the bat, it was with tether when they opened up in Argentina, you couldn't even buy bitcoin, it was just tether. So there's a lot of things to discuss there with Bukele specifically that are very concerning, that I feel like Bitcoiners really aren't allowed to talk about? Well,

he ended that totally. But the problem is those gangs deeply connected to US intelligence, US intelligence want there to be a phase shift. And El Salvador, obviously a very traumatized population, whoever ends that wave of crime and violence that has terrorized them for decades, they are going to love that person. Sure, regardless of who it is, and how they do it. 100%

up even more like even more devalued under Milei. And now people are being forced to either do world coin and give up their Iris for some world coins, right, which is another Reid Hoffman back thing. Or they're going to tether or they're going to circle USDC. So, you know, who's really been a feeding fitting there is that freedom and what worries about me so with this Bukele model, you know, I can see it much easier to manufacture consent for that for that model and countries

that are plagued by crime, right. So like Ecuador, for example, is attempting to replicate the Bukele model, but Milei saying, Oh, we're going to start building mega prisons. Us too. You know, the issue in Argentina is not a massive crime, crippling everything issue like it has been in recent Ecuador, like historically and El Salvador, they have a poverty

problem. And it worries me when you have a guy whose whole cabinet is full of bankers from like JP Morgan, and stuff, you know, running most of a significant part of the government. And then you you're inviting Larry Fink in who? John Titus gave him the nickname totalitarian, Larry, for you, Larry Fink statement that the market markets love authoritarian dictatorships. Totally. Yeah. And so you have, why are you building mega prisons when your problem isn't

that your country is overrun by crime? You're overrun by people, you know, more than two thirds of the population now, like under the poverty line, right? You're building prisons for poor people. Yeah.

reason, these people love to get up there and talk. I mean, as you said, you know, to how we let Nick, you know, he went out at the chain analysis conference, you know, a week and a half ago, which is hilarious, which is the, you know, private sector intelligence agency for for blockchain analysis. On he came out and said, Yeah, I want to extend dollar hedge fund, you know, using stable coins and how it's essential for the dollar to continue and yada yada these people say these things out

loud. So there yes, there's some speculation on our part, to some degree, but but really, it's we're using their words, right. I mean, this is this is open source intelligence source stuff, right? We're using everything in the public sector, or just in the public domain, rather. And, you know, there's

been a lot of comments. I mean, we haven't even really gotten into the RFK component, the rootstock component, but this Diego guy, you know, basically came out and said, you know, Bitcoiners need to basically strip their, you know, anti state ethos and the revolutionary ethos, and embrace the state. And we've seen that being pushed from from every angle, you know, kind of in this in this new adoption, you know, of Bitcoin by Larry Fink by, you know, these huge, huge players.

You know, there's there's a, there's a manufactured and constructed effort to dissolve the revolutionary ethos that was so useful for them in the beginning of perpetuating blockchain that now it's no longer useful for them. And now,

it's this this mechanism, and this digital ledger. You know, that that, that is so helpful for them for, you know, for actualizing being the enabling environment, it's no longer very useful to perpetuate, you know, this idea of it as a currency this idea of it as the freedom you know, censorship resistant money. Yeah.

this is sort of it's kind of happening. But again, I think it's really important to like, look at what they're actually saying. And you look at these quotes and the things that they say, I mean, they're, they're basically calling for, you know, to drop the revolutionary aspect of this and to lean into this

capitalism is freedom. And I'm not an anti capitalist, I think free market service are important, but like, not when they're, they're not free markets, not when they're markets and infrastructures in the rails are crony capitalism, right? It's crony capitalist. Yeah, sure, you could say the

junk bond scandal of the 80s. And the saving and loan scandal is free market capitalism, but like, who gets hurt, like the taxpayers that have no idea, you could say that the 2008 crisis, which Epstein is connected, and he was connected in the savings and loan scandal to and you could say that, you know, that's free market capitalism, baby like, what's wrong with that?

Isn't that what we want? Well, no, not necessarily, you know, not when you create a new dissolve regulation, like a glass steagall, that, you know, prevents, you know, taxpayer backed financial institutions from speculating and certain derivative markets that you know, they weren't really supposed to be able to with with taxpayer backed funds, and now that they are now they're too big to fail we're merging city you know, city is becoming this way too big to fail entity JP

Morgan, way too big to fail Bank of America way too big to fail, we have to bail them all out. You know, the capitalism has has has run amiss with with goblins and ghouls and you know, it's not it's not this just like perfect, you know, ideology that

has no issues. And I'm not anti capitalist. I'm not, you know, any of these things that people are going to label me as After saying this, but it's like, I think that there is a reason why we are getting fed public figures like a Trump like a Milei while we're seeing people in the UFC, doing interviews with Joe Rogan saying, I fucking love private property, read the Austrian School of Economics, it's just it's like, it's such a

clown show. And if you can't, like kind of see the dialectics that's happening here, I'm not saying don't read, you know, high IQ, like, do it. It's great. There's some great stuff in there. But but it's useful for them right now. It's a useful dialectic to push as they pillage the public with the remains of the public sector.

why Chile has been so stable. But really, Chile has been like an economic testbed for a lot of stuff and testbeds for other things, for a very long time. And it's been useful for them to have that one like state one stable country, in South America. For a variety of reasons, probably a big part of it being like all the lithium and copper is here. But I

digress. But anyway, if you look at a lot of the stuff that's come out in the years, since you know, Pinochet was like a very corrupt guy had like all these insane bank accounts and weird shadow banking stuff was going on with the Chilean state, like they were obviously like, masking what they were doing as being like, oh, yeah, we're all you know, it's the free market this and free market that but it was like, definitely an insane

amount of crony capitalism was happening. And there was like a crystallization of the oligarch class that helped finance and create the coup in 1973. Yeah, you have people like Augustine, Edwards being like one of the pointment for the coup with the CIA. And he's the guy that you know, ran Banco de Chile, and

like one of the biggest banks here. And a lot of other one of the biggest newspaper, I mean, he's an oligarch family, and the other oligarch families, besides the Edwards were, like benefited from that period are still very much in control of, of Chile and had been for a long time. So it's not like that's free the free market when you have like an unelected oligarchy that still essentially controls everything. And if there's been

this model that's been enacted all over the world. I mean, we also solidly under Larry Summers, and Robert Rubin, with

Russia, right. And the after the collapse of the Soviet Union, there was the king making the selection, essentially, of all these different oligarchs that were put in charge of key industries during the quote unquote, raping of Russia and the pillaging of its economic resources under like Boris Yeltsin, and you know, even beyond that to an extent but it was definitely most acute, you know, during that initial period, and that was framed As the free market is here to

Russia, but was that the free market? Absolutely not. That was like Larry Summers, crony capitalism madness on steroids with all these Harvard economist claiming that they're, you know, gonna bring the free market to the former Soviet Union and yada yada yada and they make this insane oligarch class that now is their like sworn enemy, the Russian oligarchs, they yell on like Rachel Maddow Show and stuff you literally created that. Yes. Yeah.

what happened in NAFTA? You know, under the similar regimes, you know, why is Epstein visiting the Clinton White House, you know, dozen plus times, you know, in the early mid 90s And then why are we seeing kind of this you know, George Soros seein you know, this this Joe Lewis guy very connected with Argentina and with tether, he does the banking for tether with Deltec. You know, he rode the the Mexican

peso all the way down and made billions of dollars. You know, you know, and then, you know, we see Robert Rubin jumped ship from the public sector to to city, which basically, you know, privatized or took over rather the biggest bank in Mexico, after NAFTA basically, did you know, a similar sort of, you know, altruistic framing, hey, let's trade with with the US, let's do this agricultural trade all this stuff. And we ended up

kind of just just destroying the peso in the process. And these guys make billions of dollars off at these guys get huge, cushy, cushy jobs, they jump back and forth between the private and public sector. It's Larry Summers, it's Robert Rubin. It's city. It's Joe Lewis. You know, it's it's,

it's, it's absurd. But it's done under this guise of kind of like, Oh, we're opening up the, you know, the market, you know, we're opening up, you know, these industries, we're bringing the dollar there, you know, same thing, the same players, you know, seven, eight years before, you know, doing the Plaza Accord, which was like kind of the first ever like noticeable, coordinated central banking, their meeting in the, you know, Roy Cohn's old hideout at the Plaza Hotel, and they're

bringing, you know, the heads of the central banks of the gees of the G five at the time, and agreeing to devalue the dollar 50%, which is seen as this, oh, like, that's so great that the dollar is so strong, and now we're gonna help all these other countries. But no, I mean, they opened up all these other countries for us to get in there like Japan, you know, into into open up the country that's industrializing. So there's all these like dialectics that are done in the private public

sector, people come in, like a Greenspan, right. He's working at JP Morgan, he writes this pamphlet about rethinking Glass Steagall, which is the regulation put in in 33, by FDR that doesn't, you know, let you know, banks basically be insurance brokers and do certain derivative trades, and be in certain markets and mortgages, you know, interstate lines. And so he comes in, he writes a pamphlet, and says, you know, let's rethink Glass Steagall, Let's dissolve it. And then of

course, comes in, you know, and is working at the Fed. And, you know, they they dissolve Glass Steagall in the late 90s. And we have 2008 basically happen immediately after that. So it's like, whenever it's useful for them to push the free market and get their people in place there. It's useful for them whenever it's not. It's not but I think right now, we're at like, the biggest time, bigger than Glass Steagall,

and things move so fast there. And this idea of, you know, the thing that is interesting about Bitcoin, is that it's basically digital credit, whereas everything else is digital debt, the dollar is a debt instrument, the way that it's structured,

it's to settle debts. And Bitcoin really, it has a debt element to it in the real world that uses energy, like you inquire a debt to mine Bitcoin. And then if you when it's issued to you, in that debt that you incurred from a digital law, or from an electrical loss, an energy loss, you know, it gets transmuted into a token, that's, you know, credit, that's digital credit, it's the only digital credit that exists. Everything

else is digital debt. And so it's very interesting that, you know, at the time, and again, I'm not trying to say too much about where I think that Bitcoin came from. But I do think it's interesting that Bitcoin basically popped up, you know, the white papers released Halloween 2008, you know, at the peak of kind of the US, you know, beginning to realize that the the money is getting away from ourselves, and we're going to have to service this debt. In this way. That's very

unsustainable. And, you know, we talked about this a bit last time I was on here, but, you know, the, the Bitcoins, you know, basically growth in perpetuation with the growth of the US debt is very interesting to me, and I don't think it's a coincidence. And again, Bitcoin is whatever you think it is, I mean, it is that thing, it's a very important technological tool that can empower a government as much as it can empower an individual. And I think we're seeing it, you know,

in power, the US government and the US dollar market. And so as digital debt is created, via dollar tokens, you know, digital credit is being appreciated, and we're seeing rapid increases in bitcoins growth, you know, since the ETF, you know, I think bitcoins up, like 50%, or something, just this year, the same people in 2008, that saw the debt, CDO explosion, you know, these very guys are now actually very heavily connected to Bitcoin. You'd like Larry Summers being on the board. We

haven't even talked about him yet. But of Zappo of winces qsrs is company alongside D Hawk, and a visa and John Reed of Citi. You know, the three of them were the founding board of Zappo, which is an Endeavor connected, you know, South American, you know, the Fort Knox of, of Bitcoin, which directly is saying that it's connecting us dollars to stable coins to

Bitcoin. And that's what it's doing the same players are basically using Bitcoin, as this demand and elastic digital credit to print eventually, as Walter Hastert said to me, who's the head of strategy at Paxos, which is, you know, a PayPal affiliate who runs their their stable coin, that, you know, they're planning on there being trillions of dollars of highly regulated stable coins coming? What does that mean? That means trillions of dollars of debt was printed. In order to create

these dollar stable coins, you need digital debt. So Treasuries are happening to create these digital tokens. Where does that go? It can flow into bitcoin basically be this heatsink. So rather than the economic hegemony leave the US and go to a China go to a BRICS sort of situation, or just, you know, make gold much more valuable. Instead, it will basically flow into Bitcoin and be used as this debt heatsink, you know, to be

to expand digital credit. So that's kind of where we're at. I mean, we're seeing, you know, all of these systems pop up, or how do you actually facilitate that? How do you quantitatively ease in a super high debt environment, you have to get really creative and you have to basically create these new debt instruments like green finance. I believe you were the one that showed me I'll let you spill the album. But what was the new VP of RF ks campaign? What was her thesis at Stanford?

you have to put it on the balance sheet somewhere. And so they are literally creating a green financial system that uses blockchain that is upheld by satellites, that is upheld by regional agreements between, you know, 35 capital cities in Central and South America to create a carbon credit trading, you know, system complete with one of the biggest markets in South America Mercado Libre to basically shove as much debt as possible, which is incredible to think of more dollar denominated

debt being shoved on the global South, because that's where it all is through IMF loans, World Bank loans, but more and more and more and more, you know, to basically be able to service the 33 $34 trillion of runaway debt that the US has that now. So they have to get creative to put this debt in other places. Yeah,

markets. Very crazy. We'll leave that in the show notes for anyone that wants to read that, but I'm pretty interesting considering that we've had there's been a lot of, you know, Bitcoin specific rhetoric from from RFK. I mean, he was one of the, I think, earliest presidential candidates to like, openly endorse Bitcoin, but I think we can expect Trump to go on that same. He's doing it. Yeah. Yeah. So well, he I don't think he'll be, you know, the only main one for for much

longer. But I think, you know, it'd be interesting to watch that space in particular, obviously, I'm a very guarded and found my opinion on the whole Kennedy campaign right now since the ever since the Gaza stuff, but in things that have happened since obviously, but I think the Shanahan you know, pick is quite telling, and I mean, have some, she, through her foundation has some affiliations with the whole

Effective Altruism crowd. And it's the former wife of Sergey Brin, allegedly breaking up because she had a tryst with Elon Musk, which they both deny. And she says, Actually, she was trying to look for solutions. She said for her autistic

daughter via neural link. And that was her reason for eating with meeting with Musk but either way, I mean, wanting to brain ship your autistic child, I just definitely doesn't really seem like what they've been trying to market, the Kennedy campaign as as supporting in terms of health, freedom and all of that, but anyway, don't don't want to get too into that.

you know, kind of blockchain labs already in there. Yeah, exactly. So kind of interesting that there's a there was a big dollarization push, directly funded or attempted to be funded by Epstein when she said no, you know, here we are, we got Dorsey and some other some other folks throwing money that way. So Reid Hoffman, some other people?

and action as the other. So I think especially when navigating this world right now, it's really important to look at, you know what they're saying, but take it with the iceberg of salt, and really look at what their actions are. I think that's really important for where we're going next, because rhetoric is really the name of the game that they control

discourse with. And we're in this crazy algo driven social media world, you know, where, you know, we're have clips of presidential candidates with chainsaws and you They were just

in such clown world. And really look at what their rhetoric are, look at who they're surrounding themselves with, look at these companies that are being created and, and, you know, look at boards, like no one looks at VC stuff, so much of this project, this writing came about from us just like digging through, you know, who founded what, you know, we have 10,000 words of notes of literally just raw data of VC firms, and seed funding.

And I think that, you know, stuff like that, you know, it's all out there, there's so much available information and just really like, arm yourself with it. Don't fall for the rhetoric, cuz, you know, there's, there's a whole new paradigm that's coming. And, you know, they want us to be as useful and as idiotic as possible. And I think we have to just be really skeptical of everything. And, again, really thankful to be

here. It's a pleasure to write with you and work with you. And yeah, I'm really thankful to be here on on limited hanging out once again, thanks so much.

their base, right? To give consent for digital ID, no anonymity online, all of these different agendas. And they're going to do it in all sorts of whatever ways. I mean, we already seen it with like, the smart wall stuff. Obviously, the migrant migration situation is out of control. But it's been out of control for a very long time, but there's been increased agitation about it, and the solution being offered as the smart wall, which is, you know, a bipartisan spook back thing.

So, I mean, it's going to be coming from either side, whichever side, they think they can sell it most effectively, but they are selling it, and they're going to go out of their way to sell it to people, but the fact that they're investing so much money in selling, it means that they need to think made, they need to make people think that it's worth using, they need people to voluntarily onboard onto the system. And that is why they're putting so much money onto it. So what does

that tell us? That tells us that if you don't comply, or you don't use it, it will fail. And that, I think, is what they're most concerned about going through all this effort. I mean, you see it with the carbon market, too. They've been trying to foist the carbon market on the world for a very long time. It's been very unsuccessful, it's been exposed time and time again, is a giant grift palooza. But they they're not disarming

it or trying to, you know, it's not going anywhere. They're trying to find new ways to sell it to people, you know, even creating entire new like mini industries to try and prop it up. So I think the fact I think that speaks a lot to like, how much our willingness to comply or not comply is a factor in how

far all of this stuff goes. So I'm definitely appreciate you and your contributions to this project in order to help people see what's really going on here, at least, you know, the little pieces of the puzzle that we've been picking away at over the past several months. So thanks a lot Mark. So where can people find your work and support you?