Aaron Day

poor economic and monetary policy. And then we go from one global reserve currency to another. There are some interesting ideas with cryptocurrency that might be able to separate money and state and actually stop this boom and bust cycle. But it certainly is a competitive marketplace.

poor economic and monetary policy. And then we go from one global reserve currency to another. There are some interesting ideas with cryptocurrency that might be able to separate money and state and actually stop this boom and bust cycle. But it certainly is a competitive marketplace.

So from my perspective, what's happening to Ryder is a travesty, and it's actually tied directly to the emergence of central bank digital currencies. And again, since this is the field that I focus on, I truly think central bank digital currencies are the biggest single threat to human liberty. The ability to program, track, and censor money.

So from my perspective, what's happening to Ryder is a travesty, and it's actually tied directly to the emergence of central bank digital currencies. And again, since this is the field that I focus on, I truly think central bank digital currencies are the biggest single threat to human liberty. The ability to program, track, and censor money.

Well, a central bank digital currency, well, I actually would argue in kind of my recent analysis, we already have a central bank digital currency because the way money is created right now is the federal government issues an IOU to the Federal Reserve, and then the Federal Reserve creates the money out of thin air in an Oracle database.

Well, a central bank digital currency, well, I actually would argue in kind of my recent analysis, we already have a central bank digital currency because the way money is created right now is the federal government issues an IOU to the Federal Reserve, and then the Federal Reserve creates the money out of thin air in an Oracle database.

Technically, it meets the definition of a CVDC, but that's not what people have in mind. There's more enhanced surveillance and programming. So it's basically the ability to program money at the individual unit and to be able to track each individual dollar and to be able to program that dollar.

Technically, it meets the definition of a CVDC, but that's not what people have in mind. There's more enhanced surveillance and programming. So it's basically the ability to program money at the individual unit and to be able to track each individual dollar and to be able to program that dollar.

So if the government doesn't like your behavior, they can shut off your money or they can program how you can spend your money to begin with.

So if the government doesn't like your behavior, they can shut off your money or they can program how you can spend your money to begin with.

Or perhaps, let's say the government decides they want to stimulate spending, they can say, listen, this digital money, the CBDC that you have in your account, if you don't spend it by the end of the month, we're literally going to take it away from your account. And so this basically gives them the ability to control human behavior at a very intense programmatic level.

Or perhaps, let's say the government decides they want to stimulate spending, they can say, listen, this digital money, the CBDC that you have in your account, if you don't spend it by the end of the month, we're literally going to take it away from your account. And so this basically gives them the ability to control human behavior at a very intense programmatic level.

Well, we've seen that in the United States. China has already rolled out a CBDC. What a lot of people don't realize is that 11 countries have rolled out CBDCs. At this point in time, there are 134 countries that represent 98% of global GDP at various stages of deployment. Half are beyond the research phase and are actually looking at implementation. So this is something that already exists.

Well, we've seen that in the United States. China has already rolled out a CBDC. What a lot of people don't realize is that 11 countries have rolled out CBDCs. At this point in time, there are 134 countries that represent 98% of global GDP at various stages of deployment. Half are beyond the research phase and are actually looking at implementation. So this is something that already exists.

But one of the things that I like to point out to people is people don't understand how bad the current system is with the dollar today. 92 percent of our financial transactions are already digital. We really only deal with 8 percent cash. Our money is already being tracked. There are 13 different federal programs involved in tracking our money.

But one of the things that I like to point out to people is people don't understand how bad the current system is with the dollar today. 92 percent of our financial transactions are already digital. We really only deal with 8 percent cash. Our money is already being tracked. There are 13 different federal programs involved in tracking our money.

And I won't go through all of them, but I'll give you two. The IRS is now working with banks using AI to monitor our financial transactions. And the NSA does bulk data collection. And through the Patriot Act, they can actually come in and shut down your bank account and issue something called a national security letter where you can't even talk to anybody about it, including a lawyer.

And I won't go through all of them, but I'll give you two. The IRS is now working with banks using AI to monitor our financial transactions. And the NSA does bulk data collection. And through the Patriot Act, they can actually come in and shut down your bank account and issue something called a national security letter where you can't even talk to anybody about it, including a lawyer.

So this isn't some future dystopian situation, nor is this China. This is the United States today.

So this isn't some future dystopian situation, nor is this China. This is the United States today.