Aaron Day

Well, this debanking has been going on for a long time. We had something called Operation Chokepoint 1.0, where a whole variety of different categories of businesses were actually targeted and explicitly debanked.

Well, this debanking has been going on for a long time. We had something called Operation Chokepoint 1.0, where a whole variety of different categories of businesses were actually targeted and explicitly debanked.

So a lot of people in kind of the gun industry, people doing payday lending, a whole long list of categories where these were legal businesses, but they were explicitly targeted and explicitly debanked. What we're dealing with today and what Marc Andreessen touched on is really Operation Chokepoint 2.0, and this is part of Biden's whole policy.

So a lot of people in kind of the gun industry, people doing payday lending, a whole long list of categories where these were legal businesses, but they were explicitly targeted and explicitly debanked. What we're dealing with today and what Marc Andreessen touched on is really Operation Chokepoint 2.0, and this is part of Biden's whole policy.

Biden issued an executive order in March of 2022 called Executive Order 14067, and it actually authorized the federal government to not only explore CBDC, but to take a whole of government approach to cracking down on crypto, which they've done. So whether it's the IRS or the DOJ or the Treasury or the CFTC, this is what they've been doing.

Biden issued an executive order in March of 2022 called Executive Order 14067, and it actually authorized the federal government to not only explore CBDC, but to take a whole of government approach to cracking down on crypto, which they've done. So whether it's the IRS or the DOJ or the Treasury or the CFTC, this is what they've been doing.

And so, you know, I have multiple friends that are in prison that didn't commit any crimes that actually have gotten swept up in this. And it's basically a complete dragnet. And then Elizabeth Warren with her consumer protection board has been going crazy over this as well.

And so, you know, I have multiple friends that are in prison that didn't commit any crimes that actually have gotten swept up in this. And it's basically a complete dragnet. And then Elizabeth Warren with her consumer protection board has been going crazy over this as well.

So this has been a deliberate politicized attempt to weaponize the banking system to go after enemies in a very targeted basis. And I'll say this, this is really interesting to do, is go and read the contract that you have with your bank. What you will find is four things. One, they can cancel your account without cause.

So this has been a deliberate politicized attempt to weaponize the banking system to go after enemies in a very targeted basis. And I'll say this, this is really interesting to do, is go and read the contract that you have with your bank. What you will find is four things. One, they can cancel your account without cause.

Two, they can actually sell or share your data, financial transactions, without your consent. They can change the fees without your consent. And then they can change the whole terms of the contract without your consent. This is the default nature of the relationship that we have with the banking system. And then truck point 1.0 and 2.0 are just layers on top of that.

Two, they can actually sell or share your data, financial transactions, without your consent. They can change the fees without your consent. And then they can change the whole terms of the contract without your consent. This is the default nature of the relationship that we have with the banking system. And then truck point 1.0 and 2.0 are just layers on top of that.

Why wouldn't buy Bitcoin for a whole variety of reasons? It's slow, expensive, and it's actually trackable. And now, you know, the government basically can identify all of your transactions and then basically decide, well, we're going to have a whitelist or a blacklist. And so this means that Bitcoin isn't fungible. One Bitcoin... isn't the same as the other.

Why wouldn't buy Bitcoin for a whole variety of reasons? It's slow, expensive, and it's actually trackable. And now, you know, the government basically can identify all of your transactions and then basically decide, well, we're going to have a whitelist or a blacklist. And so this means that Bitcoin isn't fungible. One Bitcoin... isn't the same as the other.

One thing about gold is you've got to make sure with all of these things, and this is true also of cryptocurrency, you want to have these assets in your own self-custody. And I will say I've been living out of the banking system. I actually got rid of a personal bank account in 2019. So I live on crypto, gold and silver. So I'm very acutely aware of the ins and outs and the pros and cons of this.

One thing about gold is you've got to make sure with all of these things, and this is true also of cryptocurrency, you want to have these assets in your own self-custody. And I will say I've been living out of the banking system. I actually got rid of a personal bank account in 2019. So I live on crypto, gold and silver. So I'm very acutely aware of the ins and outs and the pros and cons of this.

And so very recently I've been interested in, and it's because Roger pointed it out, privacy coins. we really need to go back to having private money. I mean, that's what cash always was. We always had this presumption that our financial transactions were private. And now it's the complete opposite. Now it's AI working with the banks or Bitcoin, which is completely an open ledger that's tracked.

And so very recently I've been interested in, and it's because Roger pointed it out, privacy coins. we really need to go back to having private money. I mean, that's what cash always was. We always had this presumption that our financial transactions were private. And now it's the complete opposite. Now it's AI working with the banks or Bitcoin, which is completely an open ledger that's tracked.

So you use privacy cryptocurrencies. If you are going to use gold and silver, I actually use goldbacks. I actually carry these things. It's one one-thousandth of an ounce of gold. You can actually spend gold in spendable form. And I think one of the most interesting things is the actual merger of precious metals and crypto.

So you use privacy cryptocurrencies. If you are going to use gold and silver, I actually use goldbacks. I actually carry these things. It's one one-thousandth of an ounce of gold. You can actually spend gold in spendable form. And I think one of the most interesting things is the actual merger of precious metals and crypto.