Transcript
new customers are designing any new products.
I don't know about you, but 1,000,
or they get to 50% of those assets.
It's mind blowing to look at the Cambrian explosion
of clarity and DTCC bringing on $144 trillion.
What they're gonna be talking about
at the Innovation Conference for three hours tomorrow,
why Paul Atkins with the SEC and Mike Sealig
with the CFTC, they're flexing their muscles.
The quantity effective quantitative easing
that US Treasury Secretary Scott did today
by going into the market and buying early,
the biggest purchase of long-term Treasury bonds ever,
which is the same thing as if the Fed had done
quantitative easing.
When you buy bonds early,
you take them out of the market,
you infuse cash into the market.
You bring the bonds in,
and you have to service them, of course,
but you add liquidity into the marketplace.
Maybe he knows something about when the Federal Reserve
might cut rates by a 1 or 2%.
I don't know.
All I know is it's got the sets,
probably the single most profound bond trader,
currency trader, in the history of mankind.
So who am I to question what he's doing?
What they're needing to do to rescue the bond market
because the Fed refuses the board member,
the legacy political cronies,
the board members that came from Bush and Clinton
and Obama and Biden and one or two from Trump,
they all have their baggage.
They all have their political reasons,
are their economic reasons,
are their blackmail reasons,
or just their ignorant reasons
for not wanting to lower rates.
They're smart enough to understand
that growth does not cause inflation,
that's money printing that causes inflation.
So they don't really have an excuse of ignorance.
They're doing it for ulterior motives,
let's just put it that way.
But they've met their match with Scott Bessett
and Donald Trump and technology.
So I put up in the Jumbo Tronel movie video,
I've been trying to put together
because one of my weird obsessions
is trying to tabletop really super complex issues
and explain it in a way that the average person,
like someone I know, the money I coach,
talker with or whatever,
I can have a conversation with them and it resonates
and it means something that I can try to not speak
fintech geek talk and try to make it make sense.
So I took on the challenge in the last few days of,
how do I narrate what is cryptocurrency?
What is, you can't serve two masters.
What is the Q operation?
What is MAGA?
What kind of war are we really in?
What kind of war are we fighting?
And what happens on the other side of winning this war?
How do you bring all of these conspiracy theories
in the city of London and QAnon and fake news and COVID
and UCMJ and every John F. Kennedy
being assassinated, throw it all in there.
Just get the biggest blender you can get
and throw everything in it and hit it on high
and blend it for an hour and then try to explain it
to somebody in a way that they'll at least maybe,
if they had 5% humility,
maybe they'll just listen to the story.
How can you narrate something that tries to take
all of that complexity and distill it down into a story
and explain the QPOST, explain the money,
explain the blockchain, explain distributive ledger technology,
change why gold back sound money matters,
exchange, explain biblical principles,
explain how America got hijacked in 1871
and the creature from Jack O'Lyland invaded our nation
and our hearts and our minds and our souls in 1913
and no one ever told us it's all true.
We're not crazy, give hope a chance, just listen to me.
I know I sound like a lunatic
and we've probably every single one of us in this call
has struggled with where do we even start?
How do you even take a bite at this apple?
This is a video inspired by how do you boil the ocean?
How do you boil the ocean?
One cup at a time?
Where do you start?
And so I think what I've come to fully,
I thought I didn't know it,
but the fully reminded of is that the single most
profound truths that are timeless and indestructible
are the absolute hardest for people to accept.
It's too simple, it's too easy,
it's too unsophisticated, it's just corny.
You're an idiot, Rob, if that's what you think.
If you think all of this is over honest weights and measures,
you need to, you're one of those Bible fumpers, aren't you, Rob?
Sure, the Bible said, honest weights and measures
are delight to the Lord
and that dishonest weights and measures isn't a combination,
but that was 2000 years ago.
That isn't applied today, idiot.
You don't even have a finance degree.
You didn't work on Wall Street for 30 years,
like my uncle Ben did shut up.
You're just a conspiracy theory.
So here we go.
How do you try to take a situation that is,
what we're blending is an extremely ancient,
forever biblical principle, an old protocol
and the most sophisticated technology mankind
that's alive today has ever known of.
Quantum computing, information physics,
artificial intelligence, cryptography, fiber optics,
satellite communications, 24-7,
calculations and distributed ledger technologies
and people that would rather kill us
than allow us to be set free because we have a mathematical system
that honestly and accurately measures value and title
and ownership and settlement with transparency.
Anyway, I wish I knew how to play this on the call
because I just released it about 20 minutes
before the call started.
So again, it's up there in the jumbo, Tron.
I'm gonna let me see if I can't.
If I can, it's about a little less than 11 minutes,
the meat of it, I'm gonna see if I can hit play
and see if it will come through.
And I would just like y'all to hear it.
Here we go.
Can you hear that?
Everybody, I'm just gonna, before I start going
down the road here,
I just wanna ask if you can hear it.
Give me a moji, thumbs up, thumbs down.
Let's see.
Jamie, can you come up Mike and tell me,
were you able to hear that when I started hitting the play button?
I didn't hear anything.
Okay, I'm not gonna experiment on the call tonight.
I'll trust that you guys can all watch it.
But I tried to as methodically as I could take the castle
with the flags, the XRP flag and the Bitcoin flag,
and the US dollar flag and the man with a sleeve
with strings attached to his hand,
attached to an average person,
with a fuzzy bear and a king at the top
and a knight at the bottom and a castle.
And I try to break down that symbology.
What is that comm?
What does that infographic represent?
The castle, the kingdom and the flag.
Whose flag goes on top?
What does it mean?
Who controls money?
Who defines money?
Who gets to set the value?
Who gets to keep the score?
Who is the referee on this football field called Earth?
If you got a crooked referee, you cannot play the game.
If you got an honest referee that's based
on biblical standards and absolutely immutable,
indestructible laws and principles,
and everyone can inspect the system
then maybe you don't even need a referee.
Maybe you don't need a centralized city of London union
that hires and pays for and bonuses the referees
in 207 countries.
Maybe you don't need a referee.
Maybe you have a system that can't be penetrated.
It can't be broken or cannot operate
without every single person in the world
having eyes on the system to see every single thing
that took place.
What happens if we don't need a castle anymore?
And what happens if we can plan a flag
on the top of the castle that's not sovereign,
that's not biased, that's not sovereign to a nation.
It's not privately owned.
It's just neutral as neutral can be.
And it allows all the sovereignty to flow back downhill,
back to each and every individual country
and everybody can live on a level plan field.
And the referees can't be bought.
You can't date the referee's sister.
You can't have an affair with a referees wife.
You can't blackmail them.
You can't murder math.
You can't negotiate with math.
It's true or false.
You can't alter 300 distributed ledger technology servers
in 300 different locations and get away with it.
It's just literally impossible to do.
So what happens if this is really a war over measurement?
A war over value and who keeps the score?
It's not gold back this silver back this currency here,
Jinar swap there.
Yes, all of those things are gonna take place.
Crypto gold silver, dollar, denar, pesos, oil,
drop into $20, interest rates going to $2.
The fraud getting washed out of the system,
everybody trying to reset on a level plan field,
we get back to a pre-World War II kind of world
or even a pre-1871 kind of world,
or definitely a pre-1913 kind of world
where actually math meant something
and accountability meant something.
The details matter for sure, but the question is,
we've gotta get past the first hurdle.
Are we making that time lapse jump
back in time, having re-acquaining ourselves
with an immutable ancient principle
and then going back to grab that principle
and bringing it into the future for the next 100 years?
Are we going back to the future?
Obviously I think everybody in this call
probably thinks we are.
So anyway, that's my open and I don't wanna say,
hey, to Jamie and then I'm gonna go to D and Tim.
How are you Jamie?
Hey Rob, awesome, really good yourself.
Good, good, good, can't complain.
That's good.
Can you still hear me?
I can, loud and clear.
Yeah, cool, cool, cool.
What's interesting about coincidences,
I mean, you can share coincidences with people
who are sort of looking and being hyper-visual
and aware of science, right?
So I think you had on the XRP ledger
and still a little surprising here, 107 and 117 on your...
Yep.
On your thing, in any way.
So the problem with me now,
I've been haunted by numbers for some reason,
I don't know why, but anyway, then you got 3.5
and then you got 35, which is 35th president,
which is JFK and then you've got the 4.9
and then you go 9.36 and then you invert that to 63
and that's Kennedy's exiting.
So it's kind of interesting with...
Guess what time Trump started the 230 press conference today?
Ah, fuck.
303, 303, take away the zero, 33.
A 33, okay, but that's the press 33.
Yeah, I know, I know, I don't know whether it's...
But yeah, I mean, they're having a laugh, right?
So, yeah, but it's a laugh in it's here,
it's a combination of the two.
But yeah, to answer your question about how do you approach...
What do you start off with, class one with anyone?