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86 Million Accounts FROZEN Overnight — The Palantir Cashless Police State Is Here | Redacted News
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Well, our next guest says the great
reset is still coming. You know, we
thought, oh, maybe it's over. The
globalists are gone, right? But no, it's
coming, but in a different way under
President Trump. It's just being sold to
us differently. So, don't fall for it.
We're not sick of fans here on the show.
We're happy to praise President Trump
when he does something great. We're also
happy to slam him when this is all being
shepherded into us right now. cashless
society, biometric scanning, palunteer,
all ready to stand there and take over
the helm to make sure that we're all
tracked and monitored. Don't take my
word for it. Europe, European Union
moving towards getting rid of cash alto
together. They're on the record already
saying that you you'd be considered
basically a terrorist or in the gray
market if you transact in cash over a
certain amount. Oh, you want to pay your
gardener €500? Sorry, you're a terrorist.
terrorist.
This is what they're doing. Christine
Lagarde told us that Mark Goodwin is the
author of the Bitcoin dollar. He's an
investigative journalist at Unlimited
Hangout alongside Whitney Webb and
friend of the show. And uh you know, we
just also got this word. So, I want to
bring Mark into the show. Mark, great to
see you here and welcome back. It's been
a I mean, you were spot on. I think you
were on the show maybe two years ago and
you predicted all of this. Good to see you.
you.
Something like that. Yeah, it's great to
be back, Clayton. Thanks so much. So, at
the time, maybe you could just wind the
clock back a little bit. What were you
warning us about about two years ago?
Um, you know, cashless biometrics,
stable coins, US dollars being backed by
stable coins in order to hide the debt.
You know, we got $37 trillion in debt.
What are we going to do? Oh, we could
put back it by stable coins and then we
could offload it on the world and then
do a rug pull, suddenly end the entire
crypto, you know, scene, right? Is that
Do I have that right?
Yeah, more or less. you know, I mean,
it's obviously it's very complicated,
you know, very very much so by design to
sort of confuse everyone about what the
real play is here. And, you know, of
course, it was a bit speculative, you
know, a year plus ago whenever we did
talk. Um, but a lot of it has come to
fruition. And we're now seeing, you
know, like the special adviser to Putin
the other day coming out and being like,
hey, I think crypto is actually a big
ploy by the United States government to
uh deal with their debt problems. You
know, that was that was a story that
came out. And so basically the thesis of
the Bitcoin dollar and the idea of you
know offloading all of this you know
inflationary effects finding a buyer uh
for for the debt of the US government.
Um the the the quick the quick uh
summation of it is you know we all kind
of know how the petro dollar works right
where we're we're offloading um our
inflationary effects by forcing people
to buy dollars to be able to get oil. We
basically recreated that system with
Bitcoin and digital currency where the
vast majority of all trades um for
digital currency are done in dollars.
So, you know, how do you deal with the
debt problem? You know, you you have to
find someone who buys your your reserve
assets and you need to increase the
amount of users um that use the
currency, right? So, you need to solve
both for the reserves and for the
currency that's based off the reserves.
And stable coins really perfectly fix
both of those problems where, you know,
they allow anybody access to dollars
with just a smartphone. Um, anywhere in
the world now has access to dollars and
those stable coins, these digital
dollars are backed um thanks to the
regulation that we just saw with the uh
Genius Act are now being forced to be
backed by US treasuries and and and and
de facto, you know, US debt. So we're
seeing kind of all of these issues being
solved very conveniently um as you know
the US is now starting to kind of deal
with its debt problems de debasing the
dollar and now starting to cut rates. So
you know I think it it made a lot of
sense then and now we're really seeing
it start to happen. Um and so of course
we'll get into these these signposts of
what all of this biometric and debanking
um capital controls have to do with all
of that. But that's basically a quick
summation of the Bitcoin dollar idea.
No, thank you for that. And Arthur
Katrrell in our chat room says, "Mark is
a very smart guy that should be taken
seriously." And I agree. I mean, again,
if you rewind the clock back to what
Mark was saying more than a year and a
half ago or so, he's spot on. And now
we're seeing it. I mean, just look at
this headline here on Vietnam. Vietnam
freezes 86 million bank accounts. Um Jim
Rickards was on talking with uh Danielle
Kimone and she was saying that like
because they want to move Vietnam to a
mandatory biometric ID system and they
would freeze these accounts as sort of a
model a sort of a trial run for a
centralized digital control and I think
you're going to see that across Asia. Um
we're already seeing obviously in in
part in parts of you know in China as
well. So, can you talk about this or
this? Vietnam just says, "Hey, 86
million bank accounts frozen. We're
moving you to this new system."
Yeah, I mean, I think it plays into uh
you know, very directly into this play,
right? If if you're trying to find more
users for the dollar system um and
you're using these stable coins to do
that, um what that really does is it,
you know, ironically, it's a very
centralizing effect on monetary policy.
you know, the whole the ideology of
crypto is supposed to be this
decentralization idea. And in many ways
that is true, of course, at a protocol
level, but in actuality for monetary
policy, if you're giving every single
person in the world, like say millions
of people in Vietnam access to dollars,
um all they have to do is get out of
their local currency using their bank
account using a smartphone and an app
and they have access to dollars. Um and
especially dollars that give you a
yield, you know, part of that, you know,
the reserves that are issued, these
treasuries are giving you a little bit
of uh a yield based on the the federal
funding rate. So now everybody around
the world has access to dollars and
access to yield. Uh even though the
dollar is of course, you know, losing
value as it's inflating, uh you know,
it's it's doing better than most other
countries um currencies in general. We
have this sort of dollar milkshake
theory idea. So you put yourself in the
shoes of, you know, the Vietnam, you
know, central bank or the or the the the
regulators in Vietnam, the bank
regulators that are doing their best to
keep everybody localized in their local
currency and keeping their money in the
country. Now that all of the the people
in their country suddenly have access
and are able to get out of the local
currency, um the the central bank and
the and the the uh the governing body
suddenly has a huge issue to deal with
of capital flight and we don't want all
of the money just to flow into the US.
So how do you actually meaningfully
fight that? Well, you threaten to debank
people unless they uh you know uh uh
adhere to regulation and biometric um
digital identification systems which due
to the nature of these stable coins
being on public blockchains, these open
databases that anyone can access. If you
have connected biometrics and digital
IDs associated with your wallet
addresses and with your ins and outs of
this new digital economy, you now
suddenly have this great ability to
track uh really warrantlessly surveil uh
anybody using um these rails and have a
better chance of keeping people within
the the system and within your local
currency. So this is sort of how uh you
know foreign countries are going to try
to start dealing with um you know this
mass dollarization and therefore you
know via technology and therefore the
opportunity for mass capital flight. So,
we're going to see everywhere, uh,
including the United States, I'm sure,
of course, because they also want to
make sure they know where their citizens
money is going. But, but we're really
starting to see this first roll out in
the global south, in in the Euro zone,
in the UK, a a a very sudden restriction
on how much you can own um, and what
sort of ID you have to put up uh, and
give to the governing bodies to be able
to, you know, play in these regulatory
modes. We want to introduce you to our
friends over at Venice.ai
because if you want to use AI, but
you're nervous about the technology, of
course, you're not alone. Sam Alman
recently announced that ChatGpt can
reference all of your past
conversations. Do you feel comfortable
knowing an AI platform has access to all
of your thoughts, dreams, sensitive
questions, business ideas? What are they
doing with it? He said they will get to
know your life. Right now, there is a
former director of the NSA sitting on
the board. Edward Snowden called this a
willful, calculated betrayal of the
rights of every person on Earth. That's
why we think that Venice.ai is a great
alternative. It uses open-source AI
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but there's no downloads, no
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see what it can do for you and how it
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So, one more time, that's venice.ai.
The joker in our chat room says, "I go
to the bank, I take out cash, and I buy
with cash." Like, that sounds great, but
of course, most banks and many banks
don't have cash anymore, and they're
moving away from having cash in their
vaults. You want to take out some cash?
Yeah. Come back on Thursday. We may have
it for you. That's been happening
repeatedly. Banks are going cashless.
Um, and you talked about the Euro zone.
As Bumpy in our chat says, this is what
the UK government wants done in the UK,
using a crypto euro dollar. So, moving
you away from the euro, moving you onto
a digital euro.
Yeah, exactly. I mean, I think we really
saw this, you know, of course, we had
been hearing about these great reset
ideas um you know, before the the
pandemic, of course, but that really
accelerated everything and really
brought a lot of these issues, you know,
right to the forefront. uh you know they
really attacked cash uh extremely
heavily whether it was you know putting
capital controls on or how much cash you
can take out or just literally like
restricting businesses from being able
to accept cash you know for fears of
viral transfer or or whatever have you.
But of course this is a this is a huge
attack on financial freedom. um you know
cash uh certainly while still being fiat
money and still having a lot of issues
of being political money uh it's an
extremely hard it's a bearer asset in
many ways and it's extremely hard to to
track and trace um you know the exchange
of cash between bartering parties and
and that's a very good thing for folks
like us that you know want to go buy
something and not uh you know let
everybody uh you know that's a part of
the trusted chain in the uh settlement
be able to see what's going on. So cash
is a very important tool for uh freedom
advocates and it's something that should
be fought for even if you are uh someone
who is a believer or a longtime holder
of digital assets. You know, cash is an
extremely important check and balance to
a a rapidly digitalizing world and
especially when you're looking at now
we're seeing you know the worst of the
worst worlds of you know digital fiat
now creating a you know being being
published in a decentralized ledger
right where now anybody in the world who
downloads the blockchain whether it's
Ethereum or Bitcoin or uh Salana or
whatever these chains that have a lot of
stable coins on them um Now anybody can
see these transactions and with just a
little bit of uh you know some of that
bio biometric digital ID spice um you
can start to triangulate and
heristically analyze you know pretty
accurately uh you know who is spending
digital uh dollars. So, not only do you
not get the freedom of fiat money and
you're still using political money, uh,
you know, now there's a there's this
open ledger aspect to it, um, which
actually, you know, really enables
warrantless surveillance, um, at at a at
a quite an extreme level. So the the war
on cash uh coinciding with the the rapid
digitalization of of fiat and of stable
coins is while digital IDs are bursting
uh is is an extremely dangerous uh
perfect storm of things that you know as
you stated in your intro unfortunately
are sort of pushing us towards these
pillars of you know Klaus Schwab's great
reset unfortunately. Well, and you
brought up surveillance and Mark, I'll
get you out of here on this um as we're
running out of time, but I want to ask
you specifically about Palunteer and
sort of the biometric,
you know, surveillance state that we're
all entering. Um very, very cozy to
President Trump. Um we know, I mean,
very cozy. You've written multiple
pieces on how cozy they are. Um I think
also tied to Israel and all of this. So,
we're we're what sort of biometric
system are we looking at in the United
States for surveillance? I mean, you you
know, we see it already at the airport.
Customs and Border Patrol says, "Right,
when you walk through this particular
gate, you're under surveillance. You're
being watched here. Your photos will be
deleted." The TSA also says this, but
it's much bigger than just the airport.
Yeah, for sure. No, it's happening
everywhere. Um, I mean, you're just
seeing the proliferation of of
surveillance uh everywhere, whether it's
by, you know, a private entity uh that
has a strong public relationship like
Palunteer, which as you said was
extremely important. Um, the PayPal
mafia, you know, Palanteer was the
anti-fraud algorithm at PayPal. PayPal
mafia at large, Teal Moss, they were
extremely important in getting Trump in
office. And it should be of no surprise
that we're seeing Palunteer get um many
uh you know government contracts and
being a big part of this this new push
for surveillance. We're seeing this
dialectic push towards you know hey we
got to restrict you know voter fraud, we
have to restrict immigration. We have to
restrict uh domestic terrorism. Um, none
of these things in a vacuum are
necessarily bad, but what is the place
that it's bringing us to when it's
combined with cameras everywhere,
digital money, um, and you know, this
push for digital ID? Well, someone has
to run the database. Someone has to be
the one putting all of this together,
using their AI to analyze this and
create, uh, you know, a database of of
American citizens and people just in the
US and people worldwide. and Palunteer
has really uh you know I guess stepped
up uh to be right there ready uh willing
and able uh as the regulatory bodies of
the United States are now you know
making this something that has to has to
occur. So, as it relates to digital
money, we're seeing um you know,
Palunteers Joe Lansdale is partnering
with Palunteers Peter Teal uh and Palmer
Lucky of Andural and they're actually
creating a stable coin bank in Columbus,
Ohio called Arabore, another name of a
Lord of the Rings, uh thing, which is a
very common place in the Tealverse. Um,
and we're seeing them actually now start
to uh roll out, you know, banking um,
you know, highly regulated banking
instruments to back stable coins, which,
you know, really plays into a lot of the
things I've been warning about, a lot of
the things I'm concerned about as fiat
money goes digital. Um, so you know, I
think Palanteer is sort of just just
ready to take the uh the the cake here
um that's being made available as you
know the Trump administration is pushing
these um you know these things that are
that are being set up as if they're for
our safety but in reality in many ways
they are probably in snaring us in quite
a biometric ponopticon unfortunately.
I mean that's just the we just skimmed
the surface here. You got to read all of
Mark's incredible investigative
journalism on this. that might be
painful. Like if you're a huge Trump
lover and you don't want to see any sort
of any sort of connections to the deep
state and Palunteer and the biometric
state that we're now involved with. Um
it might be uncomfortable, but that's
what this show is all about, making you
uncomfortable. Um I'm uncomfortable
right now. Mark, great to see you. Thank
for you for your great work. Uh read his
work over at Unlimited Hangout. Um and
also follow him on X. He does uh some
great work there as well. Mark, great to
see you again. Thank you for this.
Thank you so much, Clayton, Natalie. a
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