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[00:02]
Simon Dixon
Five attacks for five managed transitions. The petrodollar, the euro dollar, the Japan carry trade, gold and bitcoin. And what happened as a result of the cold card hack on bitcoin and what happens tomorrow and what does everybody that owns some bitcoin need to know in terms of exactly what's going to happen tomorrow and what to look out for? That's what we've got to cover on this week's Simon Dixon Hard Talk Live. Hey, sovereign wealth builders. Simon Dixon here. And welcome to another episode of Simon Dixon Hard Talk Live. We're going to be going live this week where bitcoin and the global markets collided. We're going to be breaking down into two parts as always. In part one, we'll be going through Japan, we'll be going through bitcoin. Not only the hacks, but also what's happening with the forks this weekend and the new currency war, how it relates to the geopolitical environment, the Japan carry trade, the petro dollar, the euro dollar and everything that's happening in global markets. In fact, what changed this week? It was a really big week. In part two, we'll be heading over to my interview that I did and that was on from the American empire to the technocratic control grid. I went on a podcast with Daniel Estilin who has a Bigfoot Spanish audience, so there's some Spanish subtitles underneath as well. So it's great to get the message out there. But we were discussing the transition and really in part one we'll be discussing how the what happened this week is
[01:47]
Interviewer/Host
really managing that transition.
[01:49]
Simon Dixon
So let's do a quick review of where we're at. Last week we covered the whole cold card exploit which has escalated. If anyone was impacted. There was a hardware wallet called ColdCard. It was unique to that environment and people have been questioning whether this was an inside job or whether there was
[02:10]
Interviewer/Host
state hacking or whether, as I believe,
[02:14]
Simon Dixon
anything to do with FIC exploits but how it will be weaponized. So firstly, let me just put a message out there. If you hold funds on cold card, you should be moving your funds and you should be moving to a new secure environment. It was unique to the cold card wallet and the hacking is still continuing. We'll be giving an update, but I just wanted to put that out there. You need to do that immediately.
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Interviewer/Host
And.
[02:42]
Simon Dixon
But what were we discussing the week before that? Well, we were discussing and I launched a released a long blog around following the money between the BIP110 Bitcoin improvement proposal and why I'm supporting BIP110 and I went through the game theory and I gave a big explainer. So that was two weeks ago. So when you put those together you've got a big event happening this weekend. You had the cold cod exploit before that. And I'm now going to be discussing after we've done the geopolitical and macro side, how that actually fits into how it's being weaponized by nodes in the financial industrial complex, including people like Michael Sailor. And we'll be digging a little bit deeper into his company strategy. So this week, what's new? Well actually there are five transitions that
[03:37]
Interviewer/Host
I need to discuss this week.
[03:40]
Simon Dixon
One is what happened with the petrodollar. Two is what's happening with the Euro dollar which is dollars created outside of the American system. The petrodollar is the demand for dollar being created through the pricing of oil, particularly with regards to Saudi Arabia in the Middle East. And thirdly the Japan carry trade. Real big movements this week but they all relate together. In fact they were all moving in sync around what we call the managed transition that we've been discussing a lot. The other operation of course is the, the movement to try and get people to take their Bitcoin out of self custody and put it in custody, whether
[04:26]
Interviewer/Host
it be through ibit, whether it be
[04:27]
Simon Dixon
through Bitcoin, treasury companies, whether it be through any of those and, and also the central banks as always accumulating gold while the petrodollar, the Euro dollar and the Japan carry trade seems to be going through this managed transition which has always been my working theory that if you slowly unwind each of those trades and positions then you end up with a reset of the world order into multipolarity and therefore there are operations that need to happen at both the financial level, the technical level and the military level.
[05:05]
Interviewer/Host
The, the fic, the MICK and the
[05:07]
Simon Dixon
tick in order to manage that transition
[05:10]
Interviewer/Host
and take us to a world of multipolarity.
[05:17]
Simon Dixon
Anyway, so what happened in the market? Right, well let's have a little bit of an overview. So the most important matrix that we've always covered on Simon Dixon Hard Talk live is the 10 year US Treasury. Now remember what I've been previously saying, every time it gets above 4.5% you enter into danger Z we're now at 4.67%, that is 17 basis points above the danger territory. What about the 30 year bond which sets the mortgage rates? Sorry, the 10 year sets the mortgage rates but the 30 year bond is now at 5.24% throughout the whole Iran US war. Every time it got above 5%, we had a slight taco. Now we're starting to hit real, you know, real desperation territory in terms of the cost of refinancing the US debt as well as any mortgage owner that needs to refinance their debt as well as anybody else that's rolling over those debt as a result of these longer term rates. And at the same time, as we covered last week, the Fed is getting more and more hawkish, indicating that it's not willing to cut rates, which was the whole narrative around the Trump administration. And so during the Iran war it significantly strengthened $. Prior to that the dollar was weakening, but weakening in terms of the index that we follow, dxy, which is not a great index because that's the dollar relative to Swiss francs, to euros, to Japanese yen. But we started to see a weakening again. So it's now below the 100 mark. So it was down to about $96 prior to the war. Then it went up to a peak of about 100 and above and we're now slightly below that 100 mark. So $99.777, which is implying a, a trend or towards some kind of weakness as a result of this Japan carry trade and the events that we're seeing this week. In terms of West Texas WTI oil, it's 74 to 75 dollars. So it came up a bit more from its lows after the Memorandum Memorandum of Understanding was signed with Iran. And in terms of Brent, we're now up to 77 to 78, which is the North Sea oil mainly in the UK. Gold is kind of, you know, we had this peak of about 4, $600. We're now at 4375. So it's steady, it's flat. There is more and more accumulation by central banks and it is still the number one reserve asset of central banks above the value or the market cap
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Interviewer/Host
of treasuries held by central banks.
[08:17]
Simon Dixon
Bitcoin, despite what is happening that the fact that we're in the midst of a civil war that's going to be moved to its next stage on Saturday and we had the exploit of cold wallet through cold through, cold card, a specific wallet, it's remarkable that bitcoin really hasn't moved. In fact it's been going up slightly. We're at about $64.4K. And of course the market in fiscal dominance when you're rolling over the debt and you're dumping the debt on the American people and that's creating Inflation around the world that is leading to these stress situations where some foreign countries are selling bonds in order to purchase gold. In terms of central banks, you're getting these stresses in the yield goes up as more people sell bonds. But where does that money go? Well, it goes towards inflation hedges. Bitcoin's been flat, gold's been flat, but the stock market is ripping because that's where the value is going to. As the stock market transitions to this AI concentrated technocratic control grid that we'll be covering in part two, the S P500 is near all time highs again at 7710. So they print the money,
[09:41]
Interviewer/Host
they then
[09:42]
Simon Dixon
push it into government spending to boost the stock market. And whenever the yields on the bonds reach the point where too many foreigners are selling them, they need to do some intervention until eventually you manufacture a crisis. And that crisis justifies why the Fed can start jumping in and buying those bonds, but they need lower and lower yields in order to do that. So you end up buying in order to get those yields down. And the short term yields can't come down because it's creating more inflation. And there is the conundrum that the American markets are facing right now. They have to roll over the debt to roll over the Ponzi scheme and that's causing this fiscal dominance. What's the side effect? The rich get richer, the poor get poorer and you go deeper and deeper into this K shaped economy. But AI stocks are still leading. We've had corrections, we've had revaluations, SpaceX is below the IPO price, which is what we were talking about. But there is the rotation continues in and out around these AI stocks. But at each phase it's propping up the whole market. These data center buildouts, the knock on effects in terms of the manufacturing that's coming from it. And on the activist side, people are starting to get more and more attention around these data centers being built. But anyway, the equity markets remain resilient, the bond yields are high and concerning gold, flat oil is firm and in reaction to what's happening in the Middle east and the petrodollar and Bitcoin is incredibly resilient relative to the attacks that are happening right now. And we'll see the result of that and we'll be going through. But stocks are at new highs. And what the story the markets are telling us is again the same thing. This is a managed transition. This is not an escalation to a wider war or World War 3 according to the markets. But this is a Change in empire where we have two things. The FIC is transitioning the world to multipolarity. The MIC is using those operations to get more negotiation leverage for the financial industrial complex. And above that, they're setting up the control grid by the tick, the technical industrial complex. And in order to manage that transition, let's take a look at Japan. So Japan is really the biggest macro story that happened this week. There was an intervention by Japan in order to protect the Japan carry trade. Just as a quick recap, Japan has historically had 0% interest rates, sometimes negative, which has meant that people would go to a Japanese bank in order to borrow at very low or negative or even 0% interest rates. Hedge funds would do that and then they would invest it in U.S. stocks or U.S. assets. And so a big chunk, the largest lender to the US Government, foreign lenders outside Cayman island, which is the hedge funds and related is Japan. So you've got Japan and you've got Cayman Island. That is the Japan carry trade. The hedges are speculating what's called the basis trade, where they're trying to use significant leverage in order to clip out money from these US trying to auction and refinance their debt. Japan is, you know, is lending to the US government, which means that they take their Japanese yen, which they want to have weak as an export dependent country. But because of the oil prices, they don't have any of their oil, they import all of their oil. And so this creates a challenge. When you have a weaker currency and a higher oil price, then your markets go zinc. It is also a key node in the AI trade as well. And so this is causing stress. Now when you're decoupling from the US and you're transitioning the world into multipolarity, all the bank of Japan needs to do is start increasing its interest rates. When it increases its interest rates, it breaks the Japan carry trade because the free money is no longer there. And so you need a managed transition. Now this creates a bit of a game between the Federal Reserve and the bank of Japan because the bank of Japan is moving towards more independent in terms of their policy. But they're both members of the bank for International Settlements and the Federal Reserve is the bigger node in that. And so the, the, the Japan and US relationship, the bank of Japan and the Federal Reserve relationship managed via BIS is a very important relationship. So Japan intervened and the US reportedly decided to join the operations. Historically they just, you know, go out there and they put a call saying if I want to buy some Japanese yen or sell some Japanese yen, then that spooks the market and then the fund managers tend to do the same thing and everyone reacts. It impacts bonds and everything. Now the more stress that happens in Japan, the more likely Japan is to sell their Treasuries. What happens if they sell their Treasuries? Then you get higher yields. What happens when you get higher yields? The US debt goes into a bloom. The, the tax, you get, you know, tax receipts coming down at the same time as the cost of debt going up. And so the deficit in America balloons out of control and it can potentially go into a spiraling where it needs to refinance more in order to roll over that at higher interest costs. Higher interest costs means that there's more stress, the yield starts going up and this is the, the doom loop that the US is trying to intervene and make sure it doesn't happen right now. And so the US treasury can intervene by taking some of its own. It has a bank account with the Federal Reserve. It also has its reserve strategic reserve currencies as well. And it holds those and manages them via the New York Fed. This is historically where the City of London and the new and the New York Fed have always had their relationship and their partnership because they, the City of London is the largest liquid market for FX and foreign exchange in the world. So the COVID MI6 CIA operations have historically happened via that relationship between New York and the City of London. But here's what's really interesting. What would they normally do? So a normal intervention is either they go out and they start making calls and they try and get the market to react, react or they would intervene more directly and they would sell some dollars. Which means when you sell dollars you're selling bonds. When you sell bonds it means yields go up. When yields go up, those interest rates go up and you have a problem. So they can't do that. And so what they're doing around the world to stop people selling their bonds is they're issuing FX swap lines. That's where a foreign central bank can deposit their currency, borrow some dollars and then rather selling U.S. bonds. They take those dollars and intervene in
[17:07]
Interviewer/Host
the, in the mean, in the way
[17:08]
Simon Dixon
they wanted to do. But this time what happened? They reportedly sold Euros. Now here's what's interesting. It you've got who are the largest foreign lenders and to the US government, well after Cayman island, then you've got Japan, then you have uk, then you have European countries and you also have China which has been selling down. So if China has been Selling down Japan is decoupling with this, you know, this decoupling from this carry trade. And you need to stop Japan from selling its dollars so it sells its bonds in order to prevent the yields going up. And you'd break the Japan carry trade which is providing liquidity to the stock market in some instances to take it to new all time high. Then what are you going to do in order to buy yen? Well, rather than doing the FX swap line in this environment, they decided to sell euros. And the European Central bank is also, via its nodes in Europe, one of the largest bondholders. So now you've got stress on the bond market from China, from Japan, from Cayman island hedges and Europe simultaneously. So to me, by, by selling these euros and buying yen and not doing it with dollars, you're avoiding the dollar weakness and therefore you're, you know, but we had a little bit of dollar weakness at the same time. But you're trying to stop those Treasuries from being sold and again manage transition. What you're doing is you're protecting the treasury market which is the debt rollover, which is the mechanism for the financial industrial complex to socialize losses and privatize gains. You're increasing the debt so those auctions still happen. Dumping that on the American people, that creates inflation which drives traffic into the stock market. And the stock market is, you know, 92% owned by the FCC. And so this is the wealth transfer. And you do that for as long as you can until eventually the banks are no longer willing to use Treasuries as their reserves. And so the foreign central banks use gold and you manage that transition. And so that really light relies into, but you're reducing Japanese treasury selling is the idea here. Just like when UAE wanted to sell some of his Treasuries, it got an FX swap line. And in return UAE came out of opec, which breaks the petrodollar because OPEC was a syndicate that was formed. And the negotiated outcome of that there was a resistance after the 1973 oil embargo where the, the OPEC was a resistance against the large Western seven, you know, seven sister oil companies. But the settlement was the petrodollar. And so when you come out of opec you're breaking the petrodollar. So you get to stabilize yen while the bank of Japan gets to increase its interest rates. And then you put selling pressure on those euros as well. And so this is a slow carry trade unwind. And the fact they didn't do it via a Fed swap line means that they are slowly moving to this managed transition. And so you know these, these Treasuries is basically directing FX intervention through the financial industrial complex which is I think supporting this transition to multipolarity and has been my longer term thesis that I'm testing. And at the same time if there is too much stress, there is additional facilities in the repo markets. The repo facility, this is the overnight lending market at the Fed for banks. And so this is the facility that has been being made available should there be any issues. In the end, what is the net result of this? Socialized losses, privatized gain, transition to multipolarity put stress on the Japan carry trade which then impacts through now into the Eurodollar market. And at the same time the interventions in the Middle east with oil prices are putting stress on the petrodollar while the US bases are leaving or being blown up. At the same time as China becoming strategically important to the sovereign wealth funds and at the same time as
[21:57]
Interviewer/Host
the,
[21:57]
Simon Dixon
the Iran escalation that is leading to the settlement of the Strait of Hormuz and all the different new defense pack that don't rely upon America in the Middle east as the Middle east becomes West Asia. And so foreign central bank repo treasuries are new instruments, don't worry about all this jargon, they just create new tools, new instruments, new interventions. The idea is that you socialize the losses, privatize the gains into assets and you basically receive these dollars without having to sell Treasuries is the idea. And that is the carry trade. The carry trade is to borrow cheap yen, buy US shares and that pumps the stock market to new all on new all time highs. You need to unwind that in a very managed way so that you can dump the debt onto the national, you know, the national debt, socialize the losses and privatize the gains into the stock market and assets. So is this a managed unwind? Well, it needs to be combined with the other operations. So what happened on the side of the petrodollar? I gave you the history, what happened? This week we had a announcement of a Saudi maritime defense coalition. And so this is the alternative to relying upon the US bases and the US Navy to protect the seas so that America can retreat to a regional power. The fit can create multipolarity, the tip can configure the global control grid and the MIC performs the operations to direct the flow of capital and lead to these new coalitions that don't rely upon the US as world reserve currency and the US as the global hegemon. And so this was 43 countries that signed up, 14 initial endorsements came through. And it was focused on the Red Sea Baba Mandeb, which at the moment is the settlement with Yemen and the Houthis which then touches into the Horn of Africa and the Gulf of Aden. And these are the assets where you're seeing the Turkish interests and the UAE interests being settled as well as the Saudi interest in Yemen. And that requires a couple of things to be settled. An agreement with Iran which was normalized with Saudi Arabia, which was normalized via China with Saudi Arabia. And then the the unwinding of resistance. So the justification for Israel as a mcnode can disappear. And then you transition out of the petrodollar with UAE coming out of opec. You set all the ports, you create the alternative financial system and financial rails with central bank digital currencies Enbridge and then you also have the, the SIPs, Chinese settlement networks and the alternative rails. If Iran's coming out of sanctions, then what do you price that oil in? And what happens to those gold routes and those oil routes that allowed via uae Iran to circumvent those sanctions? And so in order to get there you need shipping security in a post US hegemonic world fit for multipolarity. You also need energy security. And that's what this is focused on. So the Iran Iran also released a draft legislation and this is not law at this stage, it's legislation which acts as negotiation leverage in these memorandum of understanding actually entering into a final agreement and final terms. But it is still under discussion in the Iran parliament at the moment. But it is around pricing oil in yuan in order to, you know, get out of the Strait of Hormuz. Or you could accept bitcoin payments. Now remember Scott Bessent came after the stable coins of Iran because they could just call Tether Tether that has now been approved under the Genius act after custodying all of their bonds with Canter Fitzgerald, Howard Lutnick. And so now Tether has become too big to fail. But they're taking the yield on the debt that they're holding with Cantor Fitzgerald and and they're purchasing bitcoin mining Bitcoin and gold. And of now it won quarter last year, excuse me, became a larger investor in gold with that yield than other central banks. So Tether has become too big to fail. Co opted into the FIC via Cantor Fitzgerald. Then Genius act passes and remember Cantor Fitzgerald has a 5% convertible bond in Tether. The assets under Management of Cancer Fitzgerald are approximately $3.5 billion. If that converts at the strike price, that is a 25 billion dollar asset for Cantor Fitzgerald. And so Cantor is incentivized to build this programmable money by holding the bonds. And those, those stable coins have now become too big to fail because you can't have anyone selling their Treasuries, you need them buying Treasuries. So the tick is pushing stablecoin adoption. Clarity act was delayed based upon the corruption clauses which we'll see what comes next. But Clarity act is effectively the tokenize everything programmable control grid that is emerging. And in Iran's agreement it was talking about pricing oil and the trade routes where you can pay in Bitcoin or you can price it in Chinese yuan. Now settlement is different from pricing. You could still price something in the dollar.
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Interviewer/Host
That's irrelevant.
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Simon Dixon
It's how you settle it which becomes important. And that's the one to watch. You know, Saudi went from 100% petro dollar to 30% petro yuan to 70% petro dollar. And now we've got this network of central bank digital currencies and alternative settlement rails that happen outside Swift as well. And at the same time Iran and Amman Amad's put together a proposal. Iran has rejected that proposal. But Iran and Mon have discussed how they're going to do transit fees. Of course that relates to this maritime protection, you know, syndicate as well as the new security pacts happening in the Middle east that don't rely upon America having its bases so it can't project power via the petrodollar. And so this is the, the, the, the controlled demolition in a managed format of unwinding the petrodollar. Continue to price in dollars but settle in other currencies and remove the, the, the, the what was a protection racket
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Interviewer/Host
was really the US projecting force via its US basis.
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Simon Dixon
So what's all the central banks doing? Of course they continue to buy gold that is slow and steady. We still have the fact that in the west there are paper derivatives that far exceed the amount of gold held in custody across Switzerland, across America, across London markets. And we've been extending the Singapore markets, the Hong Kong markets and Shanghai has, you know, doesn't have these paper contract environment. So whenever China wants to create stress in the commodity market, they can do something just like they did when they want to create stress in the AI market they can show how they can perform significantly cheaper open source, their code. And that creates stress in the AI stock market driven stock market at the same time in the commodity market you can do the same thing. They have the gold, the west has the paper contracts. And it's only when central banks lend their gold that you could, that you can plug those gaps whenever anyone wants those gold. And so that's a rug pull in the making as well as the bond markets that we've already covered. You know, this triple whammy. Now we got the currency markets and the currency wars. So anyway, this is a multi factor currency attack or a managed transition rather than a controlled, you know, rather than a demolition to this multi currency settlement layers that we're witnessing and we've been
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Interviewer/Host
following all over the years as well.
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Simon Dixon
It's a gradual transition, but with gradual transitions things can go wrong. And when things go wrong, you know, the FIC is there to make sure
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Interviewer/Host
they get the liquidity and the Fed
[30:52]
Simon Dixon
is there to socialize the losses and privatize the gains. And with every crisis, just like in 2008, you get BlackRock managing the purchases or with 2020 Covid, you get BlackRock managing those contracts. More assets end up in the Fed, the bank's dividend gets greater and you have this concentration of power over to the financial industrial complex. So as I said, the euro dollar, the questions to ask is why use euros? I've given you my theory why they didn't use dollars. And, and we need to keep watching that, how that rolls out with the Japan carry trade and does that lead to ECB and ECB member banks in Europe selling some of those Treasuries? Will there be an FX swap line? Because there is no separation between the European Central bank, the bank of Japan, the Federal Reserve, all coordinated via the bank for International Settlements which has its own jurisdiction, its own army, its own police in a building in Switzerland. Okay, so we have stress in the petrodollar or the slow unwind. We have now moving to the euro dollar and the stress with Europe. This is five transitions all at one. One time we've got the, you know, the gold with central banks, we've got another operation with the petrodollar euro dollar and Japan carry trade. So what's the fifth one? Well, the fifth one is the COVID and over operation. Operation 2.0 was discussed in Senate. It was when the Fed and the occ, the regulator of currencies was putting pressure on Bitcoin companies so that Wall street and their, their preferred suppliers could take over and step in. Now that was under the Biden administration and then it pivoted during the Trump administration. The genius act And Clarity Act. So it went from controlled demolition to enter up our preferred players. The rise of strategy headed by Michael Saylor and the rise of Blackrock ETFs under Larry Fink. We had these operations and the end result was more centralizing of Bitcoin in custody by the financial industrial complex. Then what do you do? You do Clarity act, you do genius act. This is where you can tokenize securities. You will own nothing and be happy. You get the bitcoin in custody, try and centralize it, give people a security and then tokenize it. And those on the wrong side of the K shaped economy get a stablecoin universal basic income. Those on the right side to get to concentrate the assets, but under the custody of BlackRock who's using Coinbase. So they took Coinbase public as part of this, this operation as well. But as part of that you need to dissuade as much as possible. So I believe there is also cover operations to dissuade people from holding their Bitcoin in self custody. Which then leads to what's coming this weekend, which is the resistance by node operators against BlackRock strategy, the miners, the big loft corporate interest, which mirrors very similar but a different flavor to what happened in 2017. If you swap out Barry Silbert and Digital Currency Group and the New York agreement in 2017 with Strategy, Coinbase and BlackRock and then all the nodes that come from that, like Cantor Fitzgerald, then you see a similar thing which is trying to centralize as much Bitcoin as possible, trying to influence policy policy to tokenize and create the technocratic control grid and dissuade cold storage as much as possible in self custody so that you can't run nodes against the corporate interest. Because the way that bitcoin works is you have developers, you have. And so BlackRock and everyone was announcing new budgets to fund developers, you have miners, which are largely public companies in the US or the largest private bitcoin miner is Tether. So you capture that the only last line of attack is if people hold it in self custody and run nodes is you have node operators, which is ordinary people. So what was the last block size war? It was because Tether was bloating the bitcoin blockchain via Omni, which led to a huge transaction fees. There was a debate over increasing block size to make transaction fees lower. But there's a trade off. If you increase block sizes it reduces fees, but it makes it more expensive to run nodes, which reduces the number of nodes. And only large economic nodes end up bothering to pay for it. So the more expensive it gets. Because remember, one node is one vote. There's no difference between a node with 100,000 Bitcoin and a node with 0.00001 Bitcoin, one node, one vote. So the only way to concentrate and centralize nodes is to make it expensive to run those nodes. So only companies are incentivized to do it rather than the average person. And one way of doing that is by filling up the blocks and making it expensive. So you incentivize people to increase that block size and make it more expensive. Now we've had a different one with spam wars, which is really culminating in in what happens today, tomorrow, August 7th, August 8th is what where we'll get an understanding of what comes next. Does this transition with nodes enforcing their power or do we enter into a more dangerous war? We will know tomorrow. So what led up to that? Well, the coal card hack. And what did the cold, hot, cold hack do? Follow the money, who benefits? Big Bitcoin, the financial industrial complex and everyone going away and saying, oh, this wasn't unique to cold card. It was actually self custody. So don't self custody, buy some strategy stock, buy some IBIT and or put it on coinbase is the end result. Now let me get the 2 difference. I'm discussing the operations and I'm discussing you as an individual. You need to keep your bitcoin safe and so you need to think about that as your primary thing. The operations is what I'm keeping an eye on because I was prepared for the attack. But those that were unprepared for the attack, they obviously need to focus on protecting their Bitcoin. Don't confuse the two. Then in a calm environment, you hopefully get back to joining us in self
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Interviewer/Host
custody and running nodes or whatever it may be.
[38:02]
Simon Dixon
Fortunately there is a big spike in nodes. But where it's very strange, those nodes, the big increase has been the nodes running knots and, and signaling. For BIP110 there was also a big increase in nodes running a very old version of Bitcoin bit, you know, bip 27 rather than bit 30. V30, sorry, v27 rather than v30. Now the fact that those have gone up significantly implies a coordinated hostile attack to try and keep it hidden. How many people are signaling knots? Because the number of knots nodes is
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Interviewer/Host
going up and up and up.
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Simon Dixon
I think it's about 18,000 or something right now, but the percentage has remained constant. Matthew Kratter did a video where he showed that by putting nodes up, that is signaling for an old version of Bitcoin Core, you're able to make that percentage look constant at the very same time as the timing of this Cold Card hack. So the community is asking a lot more questions. So I already covered the exploit last week or a couple of weeks. Yeah, last week. I think it is to do with Cold Card. It was is to do with how the seed phrase is generated and it was a very low insecure entropy. You can go through the video last week if you want to have a bit more on that, or there's videos all around the Internet to help you understand this. But the interesting thing is that now the community is, you know, is going through everything, doing the open source due diligence. It looks like there was already historical wallet drains with Cold card already in 2022, and there was a 2022 Reddit case where it was explained and there was significant implications that those involved in Coldcard knew about this, ignored it, and the entropy bug timeline is being investigated. I've not reached a conclusion yet. I'm just looking through the incentives and letting you know that we will figure this out. The other thing is that the hack was just like Bitfinex. The hardest thing of a hack is spending the Bitcoin because the Bitcoin then sits in a wallet that everyone traces. So it's virtually impossible to spend, which is why the Bitcoin, the Bitfinex hack, bitcoin ended up being returned minus some rants and power structure as well. But these are bitcoins that were swept into an address that everyone's watching. So it's going to be very hard to spend them. So it means there's an alternative motive. Or they think they can spend those bitcoins somehow, which is how you get caught. It's very, very hard to steal Bitcoin at scale and not get caught. It's in fact virtually impossible, no matter how long it takes. So you can only leave them there. Which means why did the hack happen in the first place if it wasn't financial? I believe it was alternative motives, but we will investigate that as well. So researchers are now revisiting earlier thefts related to Coal Card. Larger estimated losses are happening at the moment. The attack still continues. You need to be off Coal Card. AI is accelerating its attack vector based upon this unique weakness of what looks like a bad actor right now. But the technical investigations continue as well. So AI is a counter force as well. And so we're entering into that AI war. But as I said, anyone Using cold cards. You need to move your coins, you need to move to a new environment and you need to study entropy because this is perfectly fixable. There's no issue with Bitcoin, there's no issue with those wallets that have high entropy. This was just code that was identified, exploited and allowed to persist and then exploited one week before this operation to determine how important nodes are in resisting against corporate interests. So there's lots of community theories and we'll continue to investigate them. But it looks like, and the question that they're asking is if Colcard knew, was it simply that they decided that they wanted to allow this to exist or was there a greater ulterior motive? Was this an insider job? Was this state and in my estimation
[42:40]
Interviewer/Host
the state is always used by the
[42:42]
Simon Dixon
military industrial complex and the financial industrial complex because Mick is subordinate to fic and so the timing is very suspicious. These are all questions worth asking. We don't have the answer yet. But we do know that tomorrow the bip110 hard fork or the bip110 implementation. Got to get the words right. It's not a hard fork yet is already is happening. I explained it. You can go to my blog on SimonDixon.com where I explained in very detail around the game theory, follow the money, the actors behind it, what I'm doing, why I'm doing it, at what point I stop, at what point I support. Right now I am in full support of demonstrating that node operators can resist against the financial industrial complex and the players that have been wrapped into the fig. And so I've already explained all of that. So what happens? What, what I think is most useful is explaining what happens tomorrow so that you can keep an eye on it. So this weekend we have what's called mandatory signaling. And so the miners right now, if they want, they can signal on whether they support BIP 110 or whether they're actually going to mine, you know, BIP 110. Now, there are different parts of the ecosystem that I want you to understand. There are the ASIC manufacturers which mainly manufactured in China. They rely upon companies in China and they rely upon semiconductor chips in Taiwan. They end up specifically equipment that is mined. Who for whoever wants to purchase them and mine Bitcoin. So the ones in America and China are like the biggest nodes. There's Russia, there's Iran, there's other places as well. But the most significant is the ones that are mined in China and in Russia and also in America. Now the American ones split into Public companies. And then you have big miners like Tether that plan to be the biggest
[44:56]
Interviewer/Host
miner because they're using the US debt
[44:58]
Simon Dixon
in order to build a large private bitcoin mining operation. So what happens right now is those miners then point their hash power, their asics, their electricity towards a mining pool. And a mining pool is pooling together lots of different miners. So there's miners all around the world, they point towards a pool and that pool gets to signal. Now it's mandatory signaling tomorrow. If the miners use a different type of software like a pool, like Ocean, which is the pool used and was developed by the same type of people behind BIP110, then the miners that are actually running their own mining, they get to signal and set the rules themselves. And this is kind of, you know, where it was a resistance against mining pools. Who are the largest mining pools? Well, Foundry is one of them. Ample F2 Paul and Paul. F2 Paul. They came from the Chinese bitcoin ecosystem. And Foundry is connected to Barry Silbert's digital currency group, who was the corporate conglomerate behind the big, the big block size in the New York agreement that happened in 2017. And then we met in Hong Kong with the miners, the developers and some of the corporate interests. And the New York agreement was, you know, basically what led to the resistance by node operators. It was called a user activated soft fork. So the importance is what happens, what does Foundry do, what does anpool do, what does F2 pool do? And also how many miners start using their own signaling? So the 2.6% that are might that are signaling from the miners for BIP110 right now is the current state of play. Right before last time in 2017 that held right until the last block. And then right until the last block when you had the activation, you got this massive spike in signaling from the miners. Now if they signal, then bitcoin continues as usual. So you know, that's, that's the, okay, we're, we're not entering into a more violent war type of thing. And so it's all upon the miners now currently they're signaling 2.6%. It has to get to 55, which really means what will foundry do, what will F2 pull do? And what will Apple do? And there are other players that can coordinate and play the game theory as well. The voluntary threshold, as I said historically has been like 95 in the block. In the, in the first block war it was 95. In this one, we need minor signaling of 55. That's the threshold at which we enter into this uninterrupted process. And so there's two scenarios from tomorrow. Scenario one is that the poor signal, if the poor signal when we get above 55%, then the, the network is united, it's uninterrupted. It means that activation path has already happened, it will be active and then there's a one year process, but the activation path continues, is uninterrupted. The community, the nodes and the miners agree and really nothing dramatic will happen if we get above 55%. There is a second scenario that can happen tomorrow and then I need to let you know what you can do. The second scenario is that we remain where we are, 2.6% activation and the miners refuse the rules that the nodes are signaling, you know, 20, 20% of the nodes are signaling that they want. Now remember, that's why there's that attack on the nodes to manipulate the numbers, because the nodes are signaling. It's the fastest increase in nodes that have decided, you know, that have, that are signaling and running knots as an alternative implementation to the core developers. So if they do this, then BIP110 nodes are effectively rejecting. They're rejecting what the miners are mining. So the nodes enforce the rules. The miners decide what blocks you know are mining the blocks and the pools get to signal, or in the case of ocean, they signal as well, which is why you've got this 2.6%. So if that stays exactly where we are, then it's up to, you know, then basically we're in a civil war. Now, a civil war is a dramatic term, but what happened during the last civil war is there are risks and so people should cease activity with their Bitcoin and they should just sit it out. At that stage you get a trading effort amongst exchanges, wallet providers and various other things that determine what is going to be Bitcoin. When people are contentious around this, this is how we resolve our civil wars, as per the rules of mass and code and the construct of this decentralized network. So if core followers are the majority hash, then we end up with a possible competing chain. This is what happens with Bitcoin cash. You end up with a competing chain. What you know you're going to get to a competing chain when I don't want to go too geeky, but they implement replay protection. That means that a transaction on one chain is either replayed or not replayed on another chain. It's a clear split when you have replay protection. At the moment we could end up in a scenario where there is a competing chain. What does that mean? Everyone that had the legacy bitcoin ends up with new bitcoin as well. Two coins. One of them, I've heard with replay protection becomes a shitcoin and goes off on its own direction. Or we solve the consensus and that is when the miners and the nodes through the rules of mass and code, settle how this is going to be done. And there is counter moves. I covered those. Now there wasn't a minor resisted soft fork. So this is happening tomorrow. Unless something happens. I don't think there will be, but there is that replay risk that's not been resolved yet.
[51:32]
Interviewer/Host
So.
[51:32]
Simon Dixon
So what this means is that typically exchanges require higher numbers of confirmations. In the last one, coinbase got really hit when there was no replay protection. I think this happened during the Ethereum hard fork as well. Coinbase ended up with a massive loss. And so exchanges will demand more and more confirmations because they got hit by that exchange sometimes pauses and they decide to cease trading while it's being resolved. Lightning might be cautious because the way it's constructed on layer two is if you have, you know, two channels and one is on one chain and one's on the other. This could be very confusing. I don't want to go too geeky, but anyway, caution prevails. Parts of the ecosystem decide where they're going to be. We enter into the game theory, the game is set and we end up stronger over the other side. And the, the last time we showed that nodes had power against corporate capture. And that's a very important thing to show here. So in terms of user guidance, here's what I just want you to know. Remember, there's the game, there's the civil war and there's you protecting yourself. If there is no split, if the signaling happens, everything's normal. You don't need to worry about yourself. You're just dealing with if you have exposure to cold card. As I said, it's a miracle that bitcoin price is like this incredibly strong relative to where we were this time last time in the Civil war. But if it splits, then my suggestions is make sure you have sorted out your cold card situation. If you're one of those 5,000 users that are exposed, make sure you have sort that that out now. Because once we move to this, if we end up in a split scenario, your job is to wait. You don't want to be moving coins. This is why I'm very suspicious about the coordination and the timing of this attack. You know, this is designed to Create maximum chaos if it were a coordinated attack. And what do they want you to do? They want you to take your coins, give them to Coinbase so that they can decide for you. You're taking nodes off the network. When you're trying to discourage self custody and running nodes, you're taking self custody and node operators that resist one vote against the power of Coinbase, BlackRock and Strategy. And you put them in Coinbase, you put them in Strategy, you put them in ibit, you know, and that's the idea. That's why they want to centralize the. So there's less to resist against. This is the attack vector. And so all these exchanges, they, you know, you'll, you'll see probably extra confirmation and so what will I do? I will be watching the exchanges. If we enter into this scenario, this can be avoided by the signaling happen. It's completely unnecessary. You know, the, this doesn't need to happen this way. And then we can go through the rules that are set. And as long as nodes can determine that they can resist against corporate capture, then the financial industrial complex has lost on their mission. So any anyway, like what happened this week and what happened next, the largest corporate Bitcoin holders, they all spoke out against bit 110 and asked the node operators to stand down. So they were asking. So this shows you now why if this didn't matter, would someone like Strategy even ask the community to stand out? It's because Strategy knows and they're trying to exert their influence over the bitcoin network and the at the same time as announcing that they're putting together budgets to fund developers. So then we have this attack, so we have an attack on nodes, an attack on, you know, the central or attack by the centralizing forces, which is the miners and the corporate interests that are also looking to fund the developers at the same time. So this could be at the government level, this could be the intelligence level, this could be the FIC level, it could be just a set of incentives. We don't know for sure. But the, you know, this is a, an important one for us to watch, for you to learn from. And we need to show that the defense actually prevails. Now I was on X basis this weekend and I was very surprised that people didn't know much about strategy and its background and its departments. I noticed that Staler was on Diary of a CEO this weekend or it came out this week rather. And many people don't even know that the defense contract and the intelligence division that exists within Strategy now This could be. As I said, this could be. You know, there's a department within Strategy, the company. I always talk about incentives. I never focus on characters and personalities and attacks. I just talk about incentives and I just talk about architecture and construct so I can try and remove some of the drama. And everyone wants to draw you into drama and debates and Jerry Springer and all that stuff. You ain't going to get me there. This is about understanding governance structure, incentives, networks, and how to remain complicit with the fic. When you have public companies, which is why they want more public companies. But Micro Strategy has government services. Some of its services were launched in 2022. And there is a member of the board. Let me get the name right. Karen Schieffer. If you have a Look her up, just look it up on AI. Karen Schieffer worked 26 years with the CIA. She's the director of Intelligence Programs and she was also in charge of National Security Council as well as. Listen to this. Managed Presidential Covert Action Programs. Covert Operations works within Strategy Strategy, the public company that is subordinate to FIC that sells intelligent software and has members on the board with 26 years experience
[58:30]
Interviewer/Host
in covert CIA operations.
[58:33]
Simon Dixon
She also represents. She's a representative to the FBI National Security Branch. Now. Okay, maybe just one. What about the other member, Tom Aiken? He's the former Acting Assistant Secretary of Defense. The Homeland. Sorry, yeah, part of the history in Homeland Defense. What about Sailor himself? Well, Sailor actually comes from a background. He was actually commissioned into the US Air Force himself. And so these are just the facts. These are just the circles, the networks involved in the largest corporate purchaser of bitcoin that owns 840,000. And as soon as we get to this stage, he starts launching, he starts talking on Diary of a CEO how he created debt instruments with AI. Now think through this. AI guides Michael Saylor how to create debt instruments, those debt instruments. He was talking about how he raised $15 billion from the thick the financial industrial complex, loading up a public company with debt. And then AI creates a product, according to Saylor, which then leads to commitments in dividends and debt repayments that decouple from the premium that the company once had over their Bitcoin asset value crashes the price of strc, which was their instrument, that pays fixed dividends that they can remove at any point. And then they have to start selling Bitcoin in order to pay dividends to the fic. So the FIC is receiving these dividends and any STRC holders while AI is telling them how to construct a product that raises 15 billions that makes it subordinate. That then leads to having to sell some of the bitcoin. And then now a budget is set by strategy with BlackRock in order to fund developers on security. While simultaneously there is operations that discourage self custody Bitcoin into custody. And where is strategy? Coinbase custodying that bitcoin with Coinbase and fidelity. Where is BlackRock custodying that Bitcoin with Coinbase? Where is the US government which is seizing bitcoins for their bitcoin strategic reserves via the Department of Justice, the same one that has these governmental contracts. Where are they holding their Bitcoin with Coinbase? So net effect coordinated or what? This is about trying to take out the nodes and our resistance to the FIC is the nodes and making it cheap for nodes to run. This has always been the battle. The divide and conquer is coming back again. And what do they want to do when they conquer? They want you to put your bitcoin in a public company so they can issue you a security and then BlackRock wants to tokenize it so you will own nothing and be happy. And when they rug pull your assets with the Flash crash just like they did to Binance on 10th of 1010 last year, then you end up getting margin called if you borrow against it. Which is Howard Lutnick's role as he brings more and more parts of the ecosystem into these treasury companies. And then you are issued, if you have no assets, a stablecoin and a central bank digital currency so that you
[62:13]
Interviewer/Host
will be happy
[62:17]
Simon Dixon
and AI will take a job at the same time. So understand the incentives and what the resistance is. This is a digital resistance. It's not digital credit, it's not digital whatever it is a digital resistance, one through self custody and nodes. So research yourself, you decide what that means. I just wanted to give you the context. It's not proof that this is an intelligence op, but you decide.
[62:52]
Interviewer/Host
Okay.
[62:53]
Simon Dixon
Anyway, what happened this week? Anyway, so Michael Staler goes on Diary of CEO, the second largest podcast in the world to discuss fake bitcoin over bitcoin. And we have this, you know, bip 110 side that's happening simultaneously and Michael Saylor decides to come out publicly on X and say that bip110 please stand down was his words. He made it out like this, you know that the nodes deciding what rules they want to enforce against the centralizing forces and the corporate interest that we should stand down in order to avoid a contentious fork, which is true. But this is what if, if the nodes aren't able, aren't able to resist against this, then what does that mean? And that's what we're going to find out over the next year or so. And of course Adam Back that was working with Counter Fitzgerald to create a bitcoin treasury company and likely roll in Blockstream that has a lot of controversy right now.
[64:06]
Interviewer/Host
And after we had, you know, the,
[64:09]
Simon Dixon
the revelations in the Epstein files around funding and remember many people think Adam Back was like around during satoshi time. Adam Back was catching up on Bitcoin in 2013. He launched Blockstream in 2014 to centralize many of the developers at the same time as Epstein working with Brock Pierce in order to facilitate investments into Blockstream. And there was a resistance out of
[64:38]
Interviewer/Host
that, which was, you know, Luke Dash
[64:42]
Simon Dixon
Jr. That was hired as an advisor to Blockstream that started, you know, also which is connected to BIP110. I covered these things in my blog. I don't want to go too deep, but anyway, of course Adam Back and Blockstream are opposed to this. And the bigger question is what is the real thing here? Who governs Bitcoin at the moment? The way that the, in the. That keeps us decentralized is the fact that nodes are able to resist, as I said. But is it developers? What happens if all developers can be captured? Will you create completing implementations? And when you create competing implementations, what if they get corrupted? Well, it's bitcoin improvement proposals and then they can't do it on their own because it is the miners that mine the blocks and it is the nodes that decide that enforce the rules. As long as that persists, the fit can do what they want and you can see the different things they are doing. But is it the developers? Is it the mining pools, Is it the ASIC owners? Or is it the node operators? And does that maintain? Because when you try and centralize all of them to the fic, then we don't have the resistance and it will be the big bitcoiners that decide what happens. Is it the ETF issuers at that point? Is it the corporate treasury companies at that point? Well, that is the battle. So don't fall for any of the covert operations. And this is at the highest level, you know, to think that we would create money outside the system and not have the highest level of power attack us all the way. Which is why I'm still here. You know, after all the people that dropped out, I'm still here after 15 years, I'm still giving content, I'm still trying to share that experience. I'm still trying to build the resistance and knocking my glasses off my face because I'm trying to help you remain sovereign while we fight for what is are one of our biggest tools of resistance to remain sovereign. So in closing watch what happens this weekend. I'll obviously report on it next weekend so watch what the what happens with treasury yields? Do we get a further blowout and what will be the reaction if yields continue to go up on the 10 year and the 30 year. Watch the yen. We need to see what happens. What is the intervention? How does it intersect with euro, the euro dollar? How does this intersect with the oil prices based upon the petrodollar? And how does this transition in the Japan carry trade? What does the Fed do? What does the ECB do? What does the bank of Japan do? Keep watching that. Also watch gold. Watch it as a percentage to how many central banks are holding U.S. treasuries in this transition. Watch the oil price at the moment. There's nothing is indicating to me when you put all that together that we're moving to World War 3. What is indicating to me is a movement towards multipolarity while building a a global control grid which has been my long term thesis and so watch bitcoin and we'll see what happens with the signaling and if we have over 55% signaling then we can watch bit 110 and and you know we end up with a peaceful transition or we enter into a civil war in which case your job is to make sure you fixed your coal card situation it if you're exposed get those bitcoin off cold card and then watch calmly. And if you end up with your coins in an exchange because of the the op remember protect yourself first that's very important. But if you end up in an exchange then you lose your ability to participate in this battle and you hand it over to the fi. Now as I said in order of importance your money if you need to get it over to the FIC then don't participate in this. If you can get it over beforehand then you can participate in this. But I don't want you to. I do want you to rush out a cold card if you still got money there. But I don't want you to rush end up on an exchange and then make a silly mistake while you're setting up your secure environment. You have to take time with that. Just accept there are many other people on this battle, there's enough of us and you can come back and join us on another day. But if you lose your bitcoin, then you're out of the battle. It's better to keep your bitcoin and
[69:24]
Interviewer/Host
then come back and fight with us
[69:25]
Simon Dixon
another day if that's your only choice. Otherwise join us on the battle.
[69:31]
Interviewer/Host
You know, run your node, continue in
[69:33]
Simon Dixon
self custody and use this as an opportunity to explore those things you wanted to explore, like multi six rolling dice for entropy and everything you should be doing as you want to build your sovereign protection from these attack vectors. So of course I'll be watching the mining pools, that's the most important thing. And then if the mining pools don't signal, I'll be watching the exchanges. So in summary, five transitions all coming to a historical point this week. The petrodollar, the euro dollar, the Japan carry, trademark gold and bitcoin. So my final question, are policymakers managing a transition into a new monetary order? Are these covert operations? Are these over operations? And who controls the policymakers? Follow the money. I'm on chapter 20 now of my book Game of Money to help you understand how to read all these parameters and most importantly how to build a sovereign plan so that you can manage a transition from any subordination to sovereign vectors. It's not a bitcoin book, it's a sovereign book.
[70:46]
Interviewer/Host
Interestingly, just to give you a little
[70:48]
Simon Dixon
bit of an update, I was writing chapter 19 and one of the sovereign assets is on. Sovereign assets is bitcoin one of the three. And as I was writing it, I was going through some of these operations just so you could understand it. I was trying to do it high level overview. But every time I saw an operation, I remembered another operation, then another operation, then another operation. And what I decided to do actually evolved, one chapter evolved into an entire book. And what I asked AI to do is as I was writing it, I asked it to pull it all out. And actually I'm going to create an entire so I don't clut the the sovereign book because it's on money in general and you know, bitcoin's only one part of one chapter, but I asked it to do another book and create another one chapters on all the different operations within the bitcoin space from things I've never shared, things I've never told.
[71:45]
Interviewer/Host
And so I'm going to follow it
[71:47]
Simon Dixon
up with another book as well after that. So anyway, are these isolated responses to separate, you know, market stresses or is there something more coordinated here? As I've always said, it doesn't really matter. Follow the money and the incentives can drive it. And who controls the capital at the top is the asset managers. And so we follow the capital in order to figure out how to get ahead. And so with that in mind, that's everything I'm going to be covering in part one. So now we're going to move over to part two. In part two, it was my interview with Daniel Esterlin. I came on his channel and the topic that we talked about was from the American empire to the technocratic control grid. So I hope you enjoyed the interview. Always remember, you are alive at one of the most interesting and exciting times in financial history. It's going to be very good for some, very bad for others, and I want you to be on the right side of that change. Now, if you enjoyed this content, just before we go to the interview, there's a few resources and things that you can do. Firstly, about 70, 26% of the people that watch my videos from the last month are not subscribers. So please become a subscriber if you're new. I cover this every Friday to make sure you're up to date. I make sure there's no sponsorship, no upsell business model, no monetization, no adverts, you know, just, just content so that you can join us on this journey and remain more sovereign. If you want more people to have this content, please share it. Please like it. Please put a comment in the comments and that will, you know, that will really help us get our message out to more people because we rely upon that. There are other ways in which you can support us as well, which is that if you head over to Rumble and follow me over there, if YouTube ever takes me out, we're going to be streaming over there. I need to make sure that our resistance against any takeout from YouTube is as strong as possible. So please follow. Also, if you're not following me on X at Simon Dixon Twits, we can
[73:53]
Interviewer/Host
stream over there as well.
[73:56]
Simon Dixon
We also make sure that if you prefer watching this bit by bit by download, you can follow. You can, you can follow on Apple Podcasts and Spotify, but on SimonDixon.com that is the environment we control. And so we give. We have a free membership portal over there. You can also give feedback. You can get free copies of my previous books as a digital download. You can get content that we preserved over there. You can even interact with the community, give a comment of things you'd like me to cover in future episodes, or even what you'd like me to cover in my book and future books as well. But you can do that by becoming a member of SimonDixon.com all it requires is a username and a password. And as I said, there's no sponsorship, there's no upsell, there's no alternative agenda, there's just content and a resource. If everything we get completely taken out, then that's our hub and that's where I'll be streaming on webinars exclusively. Also, if we get shadow banned, it means I can still email you and once what we do is once a week on a Friday, we email you the updates and make sure you're aware and then we give you a summary on a Monday or Tuesday in case you missed it. And that's all we do, content and making sure you're aware of the resources. So if you would like to make sure that you don't miss a thing on this journey and you would like to participate in this open source movement from subordinate to sovereign, then please engage in any of those mediums and join the newsletter on SimonDixon.com and create a membership for yourself. So with that in mind, let's. I hope you enjoy the interview in part two. So let's transition over there right now. I'll see you this time next week. For Simon Dixon Hard Talk Live peace. From the American empire to the technocratic control grid. I think we're all feeling it. We can feel something and sense something in the air. We can feel the surveillance coming. It's getting more and more intrusive with AI, but it's also an opportunity for us to remain sovereign. How do we deal with it? Well, I was invited onto a podcast with Daniel Etzelin and he asked me, where did this come from? It started with the Dutch Empire, moved over to the British Empire and people think that Trump's taken on some European banking cabal, which, or maybe it's the city of London that's still in charge. What if it's a greater force? Well, we sat down to discuss that and once you know that, you can
[76:40]
Interviewer/Host
then figure out how to protect yourself
[76:42]
Simon Dixon
because it's coming and it's coming. This interview is going to be played right after Feiming Dixon Parkour flight.
[76:58]
Daniel Estrilan
Good afternoon, ladies and gentlemen. Thanks so much for joining us. Daniel Estrilan and welcome to westchulin Media. So for decades we've been taught to understand the world through a familiar lens. We follow elections, wars, economic crisis, diplomatic summits, the rise and fall of political leaders. And so every day we're told who won, who lost, who gained political influence, who is in decline. But what if those are not the real. It's not the real story? One of these events are merely the visible surface of a much larger, much deeper transformation, one that is reshaping the very foundation of the international system. Because today's world is undergoing one of the most profound transitions since the end of World War II, the institutions that defined post 1945 order are under unprecedented pressure. The balance between military power, financial power, technological power is shifting before our eyes. Artificial intelligence is becoming a strategic asset. Financial markets increasingly influence government. Silicon Valley is moving even closer to Washington. The Middle east is being reorganized. Europe is searching for a new identity. And so beneath it all lies a fundamental question. Who will shape the architecture of the next world order? And so, to explore these questions, I'm joined by someone who spent years analyzing the intersection of finance, geopolitics, technology from a perspective that often challenges conventional thinking. Simon Dixon is one of the world's best known macro investors and financial analysts. And over the years, I've been following for many, many years, he has developed a framework that connects monetary policy, sovereign debt, capital markets, and official intelligence, Bitcoin geopolitical strategy into this kind of a single analytical model. Whether you agree with all of his and our conclusions or not, his work forces us to ask deeper questions about how power actually works in the 21st century. So today we're going to move beyond the headlines. We're not here to debate personalities or daily political events. I couldn't care less about that. Instead, we will examine the structures that shape those events. Because in the post world international order, it's obviously coming to an end. That's one of the questions we're going to discuss. US Is military power giving way to technological power? Has Europe entered a period of managed decline? What role will Donald Trump play in America's transformation? Is the Middle east becoming the center of a new geopolitical architecture? And perhaps the most important question of all, what does all of this mean for the future of our civilization? Simon, thanks so much for your time. Welcome back to our show. It's a pleasure to have you with us again.
[79:40]
Interviewer/Host
All right, thank you so much for having me. Yeah, I think it's worth kind of shaping a bit of the world as we were used to. So we were really understand the world in terms of a nation state being a power with a competing power or a rising power. And those nation states tend to find they tend to fight military battles, financial warfare, or technical supremacy, depending on what the technology is. Now it's AI and robotics. Previously it was farming or some kind of technology around something that would fundamentally change and give a competitive edge. In the case of the British and the Dutch empires, which were the previous two empires, it was naval fleets and it was financial engineering. And so the Dutch Empire, they created a, a structure. One was the Amsterdam Central bank whose job was to socialize losses and privatize gains. A government whose job was to take on the debt through the bond market, and a private limited company called the Dutch East India Company whose job was to privatize all the profits. And so you had the government take on the debt and the company take on the profits. And the central bank was the vehicle for obfuscating that reality through fiat currencies. Now in the Dutch Empire, the Dutch gilter was backed by gold. And so there was an inbuilt mechanism for holding back money printing to make sure it doesn't destroy your value. That was the Dutch Empire and they built the largest naval fleet in the world. And then they outsourced the labor to the Brits. And then the Brits replicated the whole structure. But this time they created the bank of England, the British East India Company and the UK government built the largest naval fleet so that the British East India Company could steal the world's resources, use it for the profits of the British Empire and build a global colony. When they bankrupted the UK government and they were unable to exert force because the colonies got too complicated, there was a managed transition over to the American Empire. This time the American Empire had significant resources itself. And so the Europeans colonized and took over the land, genocided the ethnics and locals. And then you ended up with a new class of people that resisted against the Brits. But really was it sovereign autonomous control or was it actually the financial layers that controlled the Dutch Empire? The British Empire also ended up controlling the American empire after their independence. And we're about to celebrate, you know, the 250 years of that.
[82:58]
Daniel Estrilan
Let's talk about, let's talk about Europe and the control dismantling of the continent. I don't want to ask you about whether Europe is declined. I think that's obvious to everyone. What I want to understand is something much deeper. Is Europe simply failing or is it being systematically restructured? In other words, are we witnessing collapse or are we witnessing a controlled collapse, dismantling or demolition of the post war European model?
[83:26]
Interviewer/Host
Yeah, so if you look at those Dutch, British, American, you hit a phase where the currency can no longer sustain what I call the heightened asset stripping phase. And so once you've loaded up the Government with so much debt and you bank effectively not quite bankrupted it, but you get it ready for a debt restructuring, you then need to move on and you continue to strip assets. So financial power continues to strip assets. So if you look at the Dutch Empire, even today, they're at the final stage of asset stripping after all these centuries, because now they're even implementing unrealized taxes as we speak. And so unrealized taxes is where all of the wealthy people leave that have the assets, that decreases the tax revenue. Those that are suffering from inflation end up having to sell their assets. Plus, if you can't get them to sell their assets, you charge tax on it. Where they have to either do two things. They either have to borrow against their asset, in which case they take on more debt, assume more debt with this financial industrial complex, or, or they end up selling the assets, that crashes the assets so that transnational capital can sweep up the assets with private equity, or they can refinance your debt and send you deeper into debt. That's the final stage of asset stripping, as it were. If you look at the Brits, you put them through decades and decades of the average interest on their debt is higher than the growth rate of the country. That means you're becoming more and more subordinate to financial. You're borrowing more and more from bondholders. And when you borrow more and more from bondholders, bondholders have more political control over the government through lobby and then they can redirect the capital into the stock market. And so you end up with the stock market running away from the economy. That's the situation with Britain right now. So the Dutch Empire is being asset stripped in the final stage. The British Empire is just about to go through its IMF bailout, austerity, reduction of benefits, civil unrest campaign. And the American empire is further along that cycle. They're at the stage where they're taking all of the debt, which is the bond market, pushing all of it into the stock market. So you're getting massive stock market valuations, massive wealth concentration, and then you then eventually go to later the asset stripping. But what you do is you set up a new empire in the meantime. So what does that empire look like? Three things, very briefly, and we can dive wherever you want. One of them is you concentrate power in your sphere of influence, which is Europe. And so you slowly asset strip Europe into the US stock market and various other stock markets. The other thing you do is you use what assets you have left in order to negotiate leverage into the new world order. And you Take your capital markets and you slowly exert capital out in line with the new empire. What we're looking at right now is the complete hollowing out of Europe and asset stripping it into the stock market. Then you've got a transition to set up multipolar spheres of influence. And at the same time, knowing that this can create a lot of civil unrest because there's not a natural progression. The Europeans and the Americans always had this natural progression where they were able to coordinate. In a multipolar world, you have competing factions of power, whether it be China, which is a nationalist government, or whether it be energy companies that have managed to preserve their sovereign wealth into a sovereign wealth fund. Energy countries, rather, these are competing factions of power. So you try to use the assets that you have, that is AI, robotics, military power, financial capital, and build influence globally into a multipolar world. So, and then you negotiate this one. Well, what I think the technology is trying to do is recognizing, okay, China, you are the rising power. America, we're private asset stripped. We got the whole west into the stock market. Let's build one global AI, technocratic control grid and digital control grid and divvy up the world into multipolarity controlled by one, one control, technocratic, kind of privatized partnership with the Chinese Communist Party.
[88:30]
Daniel Estrilan
So let me ask you this. Speaking of the financial dimension, you are one of the people actually who argues that financial markets ultimately discipline governments. So is Europe increasingly governed through debt markets rather than democratic politics? Has sovereign debt, in other words, become the mechanism through which national sovereignty is quietly transferred elsewhere?
[88:55]
Interviewer/Host
Yeah. So when I think of power and when I look through these empires from Dutch, British to American, you'll notice the dominant force, the dominant power in a capitalist economy. And this is not the traditional definition of capitalism, because capitalism would require a free market where capital competes. When you have a central bank that determines the price of capital, then you don't have capitalism. And when you have a government that can assume the debt, what you end up with is socialism for the wealthy because they get bailed out, socialize the losses, and privatize the gains. And capitalism for the poor, they have to compete, but they can't compete because they get the highest interest rate. If you think of you're at the bottom of the chain and you're on payday loans and credit cards to survive, you're paying the highest interest rate. Whereas if you're a bank, you're actually creating money every time you issue a loan. So you actually get free money. And so if you go along that spectrum, you got companies, the larger the company, like say Apple, they can borrow on the debt capital markets at a cheaper rate. A country and then a country like America, if you want to borrow for a month, then you pay a lower interest rate. If you want to borrow for 30 years, then you're paying a higher interest rate. But when that is determined via a central bank, then you no longer have capitalism. And so we have this distorted reality. But in effect, individuals are controlled by their access to capital and the interest on their debt, which is what determines whether they can use that debt in order to invest in assets. And then those assets outperform the money printing and the inflation. And if you get that wrong, if you use your debt in order to consume and purchase goods, then you just end up getting poorer and poorer and poorer as the rich get richer and richer and richer. And then all the assets, at the end of the, the cycle, where we are in America right Now, you have 92% of stock market value, which are held by 10% of institutions and wealthy individuals. Capital is what determines. And you can look at that, that's at the individual level, it's mortgages, credit cards, everything. Then you look at the corporate level. Your ability to go public, sell your shares gives you access to debt capital markets. And so debt is a subordination vehicle. And then at the sovereign country level, the bondholders dictate the bond vigilantes, they have the ability to destroy your currency, to force you to print currency in order to pay a debt priced in another currency. Or they can basically lobby in order to buy the politicians. And so when financial power, and one thing that happens in investment banking, and I used to work in investment banking, is you turn all the businesses into products, you load them up with debt, you get voting rights and then you install your own board. And then the executives now work for you. And so they work for your bonds, your equity, voting rights and your board that you install. And so then as this happens, as you take more and more companies public, you subordinate more and more companies where their net worth is dependent upon you giving access to capital and defending their share price. So this complex, as it were, this financial industrial complex, I call it, which consists of asset managers, investment banks, private equity, Silicon Valley, you know, banks that create fiat currency, they act as a complex and in my estimation most governments, in the extreme case, you take all Europe, Canada, Australia, us, uk, Canada, they're all subordinate to transnational capital and the financial industrial complex. Then you've got on the other extreme, the Chinese Communist Party in China, where capital is now allowed to control the government. And so all companies are subordinate to the government and you get more authoritarian type of structure. And then you have a hybrid where a country like Saudi, let's say, and even Iran in this case, they keep their resources, they take those resources and they put it in a sovereign wealth fund and then they can partner with this financial industrial complex to co invest and that buys them influence to try and keep out the FIC and the Jekylls, I'll call it fic Financial Industrial Complex, from their country. And those are the battles. One sovereign country, which is China, a bunch of countries which have sovereign wealth funds which had to co invest and co op FIC in order to keep the Jekylls out from regime changing them and taking them over. And in countries which have neoliberal globalized financial capital markets which are fully subordinate to the financial industrial complex and the governments work for them. Every politician has to go up a ladder of securing capital from the lobby, providing value to the lobby, and then eventually being in a compromise network like Jeffrey Epstein, if you want to go all the way to the top like Trump.
[94:44]
Daniel Estrilan
Simon, I wanted to ask you a question from a vantage point of where are we? So history offers many examples of great civilizations that slowly lost economic vitality before losing political influence. Which historical period best resembles Europe today? Are we talking about the late Roman Empire? The decline of Venice? The British Empire after World War II? Or is today's transformation historically unprecedented?
[95:12]
Interviewer/Host
Interesting. I would just call Europe at this stage a fully subordinate vehicle. Like all of the politicians work for a faction of power. Let's take UK right now, for example. Sorry. And then I'll bring it back.
[95:27]
Daniel Estrilan
Actually, I do want to talk to you about uk. Yeah, I want to do a segment on UK and the British royal family.
[95:33]
Interviewer/Host
Yeah. But right now, if you look at. We've had seven regime changes in 10 years. We just had another regime change. Let's just look at the. Not, you know, the.
[95:42]
Daniel Estrilan
So people understand. Sorry to interrupt you. So that people who are watching us understand. We're not talking about regime change, something like Gaddafi. We're talking about one prime minister leaving and someone else comes in in his place. Go ahead.
[95:55]
Interviewer/Host
Well, I call it regime changes because I think democracies are fake. I think politicians are selected, not elected, obviously. And so I like to put everything on a fair language ground. Even the Federal Reserve was recently regime changed with Kevin Walsh by the banks that wanted him in. They pretend it's Trump. They pretend it's the politician. The politician is just a Battering ram for the public. Their job is to do what their lobby wants them to do. It's a regime. They're paid like they're paid for rent, prostitutes, for financial power, technical power, big pharma, military power, whoever's willing to pay the most. And their job is to do what they are meant to do, for what they were paid to do, but create a narrative that makes them think they work for the people. And slowly, when the people realize that they're not doing what they elected them for, they get regime changed and someone else is selected. And they're selected based upon how much they're paid by that lobby. So if you look back at the uk, you had. Let's start with Boris Johnson. Boris Johnson was there to implement lockdowns and create a narrative that would justify the lockdowns. That was his main purpose for a World Economic Forum agenda. His job was also to later make sure that Russia and Ukraine never sign a peace deal for the military industrial complex and get in the way of any thought of peace. Now then, he was regime change. So maybe he didn't serve power. Or you just keep rolling them over once they serve their agenda and suddenly we get ex Goldman Sachs guy Rishi Sunak and suddenly you get a shameful exit. So that's the leverage that they have over the politician. But then they leave and they carry on working for the same power as a private contractor, Tony Blair, all this time. Again, what did Rishi Sunak do? Well, he was, through his family office, the larger investor in the company that was producing all the vaccines. And so he was a massive investor in vaccines. So his job was to make sure that everyone gets vaccinated, they make a load of profit, then later the share price collapses, he leaves in shame. They do a regime change. Suddenly we get Liz Truss. Liz Truss does a policy that doesn't make financial sense to the bank of England. She gets regime changed in a couple of weeks and the bank of England and the BOD vigilante say, no, we're not going down that path. Then suddenly we get Keir Starmer. Who's Keir Starmer? Well, he was a military contractor. What was he involved when he was part of the case of taking down Julian Assange that was exposing the Iraq war and all the crimes against humanity, exposing the military industrial complex and all the crimes they commit and the money laundering operations. And so Keir Starmer made him out like he was a sex offender and tried to take him down because he was posting all this stuff on WikiLeaks. WikiLeaks funded by Bitcoin. And then there was a structure where were internal whistleblowers in the military that are exposing all these things. And so now Keir Starmer, what's his biggest contribution? He just got regime changed. But what was his biggest contribution? It was to pretend that the British people are defending democracy while the bank of England prints money. They launder it through to Ukraine. Ukraine, corrupt politicians that were installed like Zelensky and installed and manufactured by the CIA create a narrative to get Europe to print money, to get America to print money. And then they siphon it back into Lockheed Martin, General Dynamic, Raytheon, BAE Systems, Palantir. And they provide a technical integration testbed for integrating drones with artificial intelligence. And they'll keep that on until the last Ukrainian. And they can try and agitate. There was a CIA op in order to agitate Russia in 2014 when they did a regime change that led to the installation of Zelenskyy. So all this to say, I think regime is the appropriate word because we don't have democracies. If you want to engage in politics, then you need to buy politicians point blank. That's what Peter Thiel does. He manufactured J.D. vance. Look at Trump. He was paid for by Elon Musk, then the bank of New York Mellon family Peter Thiel and he was also paid for by Mariam Adelson, which is the Israel stuff. But what about on top of that, there was $5 billion Affinity Partners venture capital fund to invest in the reconstruction of the Middle east. And that was managed by Jared Kushner with $2 billion investment from Saudi that required going to war with Iran in order to create the destruction that the fund would profit from. And so then if you want, we can look through his policies. I can tell you who paid for each policy.
[101:15]
Daniel Estrilan
I was actually going to ask you something else because again, you talked about the regime change. You have six or seven regime changes. And I totally agree with you with the terminology in Britain. But my question is why Britain? Why has it become such an important testing ground? I mean, it could have been another country, it could have been France, it could have been Germany, it could have been Spain or Italy. We're seeing an attempt on regime change in Spain right now. But why did it all start with
[101:37]
Interviewer/Host
Britain, all of the above, this same operation? What do you think the European Union was? The European Union was a regime change. It was to centralize, with the exception of the bank of England, all of the currencies into the European Central Bank. Once you've Got one unified monetary policy. You can slowly move to a fiscal policy union through financial crisis and then you can fix it with a capital market union. And then you have one European stock market. All of these are concentration power. Where did the European Union project come from? It came from the bank for International Settlements.
[102:14]
Daniel Estrilan
Right?
[102:14]
Interviewer/Host
The bank for International Settlements that was set up in order to destroy the German economy, manage reparations after World War I so that you could give Germany massive gold debt. And the only way they could pay it is by printing their own currency. So they printed their own currency post World War I in order to pay the gold through these reparations. Which led to the Volmar Republic which led to such a distressed economy hyperinflationary cycle, that it had a nationalist uprising called National Socialism, AKA Hitler and Nazism, which arrested the Rothschilds and created their own monetary policy. But then was eventually regime changed by the bank for International Settlements again leading to the post World War II Empire which was the creation of the IMF and the World Bank. And so the European Union was a construct of this for centralizing. So why England? Well, England, you know, you had the Dutch Empire that was rolled up into Europe. But the bank of England maintained its own currency. The reason for that is because City of London is a separate jurisdiction to the uk and that separate jurisdiction has the one square mile with all these banks. The bank of England and the financial industrial complex keynotes they have major markets in terms of derivatives, FX markets. They used to be more dominant in investment banking, but now it's mainly fx. And they've also got Lloyds of London in the insurance markets. The remnants of the financial industrial complex is in Switzerland, is in Amsterdam. But they didn't have their separate jurisdiction. So if you look at Switzerland, the Bank for International Settlements has its own police, its own law, its own jurisdiction, its own army. The City of London has the same. And then you have the Vatican which has the same and Vatican Bank. And then you have the Federal Reserve System which ties into the bank for International Settlement system. And so UK needed that independent City of London. So they asset strip the country the economy and they concentrate all wealth into the stock market. And they maintain their derivative and currency war manipulation. They were involved with Scott Bessant in destroying the Iranian currency before the closure of the Strait of Hormuz. They had Mossad in there doing the shootings, which Lindsey Graham was very proud of. We had Scott Bessant say that we launched Operation Economic Fury, which was effectively to destroy the currency for all the savers in Iran.
[105:08]
Daniel Estrilan
And they're very open.
[105:09]
Interviewer/Host
They would then be shot at by Mossad uprise, come against the IRGC and then create the agitation for the war and everything that led to the closure of the Strait of Hormis.
[105:21]
Daniel Estrilan
Simon, a lot of people focus on the British politics, the regime change, European Union, United States, Donald Trump, very few actually talking about the role of the British monarchy, which has over long periods of time has survived empires, world wars, decolonization, multiple constitutional crisis. So let's talk about that. As Britain enters what you believe is a, a period of profound restructuring, what role does the royal family actually play?
[105:52]
Interviewer/Host
It's an interesting question and I could never prove it to you categorically.
[105:57]
Daniel Estrilan
We don't need to. This is from a high vantage, theoretical point of view.
[106:01]
Interviewer/Host
Okay, here's my view. And some people might disagree. Some people believe that there's like an old establishment British monarchy and someone like Trump is taking on the monarchy and coming against, like protecting the American constitution against this financial industrial complex. And it's a bit like you have a useful narrative. You also have one of those for Israel, right? You make it look like Israel rules the world, but Israel is a node for the military. And when America wants to stop Israel, they stop them. But they want them to think that Israel rules the world because then you have plausible deniability. So that when you want to commit crimes against humanity, genocide, ethnic cleansing, you blame it on the Jews, technology, you say it was them, it wasn't us. And we were blackmailed by Epstein. When Epstein works for military and financial powers, he was a node in the fic. Now, the Epstein files don't point to Lex Wexner and JP Morgan and Jamie Dimon. The people that control them, they've settled. They've already settled. But the people they want to take out, like a node in the royal family, like Prince Andrew, then you can just reveal that when they're no longer a useful asset. And so some people believe that the British monarchy is on the top of the chain. I do believe that they have the remnants of the British East India Company still structured into the asset structure of the British royal family, which, if you don't know, we weren't making all of that money out of tea from India. We were making all that money out of creating drugs and opium and surrounding it by tea and then getting the Chinese addicted to opium and then raiding them and stealing all their silver and stealing all the India's gold. Definitely the British East India Company, there's not that much money in tea. There's a lot of money in drugs. And so those drug trafficking routes still exist via MI6, CIA, Mossad, and they involve certain jurisdictions, keynotes like Hong Kong and uae. And those are connected to, if you look at the deep, what we call the deep State, they're funded by human trafficking, sex trafficking, weapons trafficking, drug trafficking, and all the crimes that partner with the cartels.
[108:28]
Daniel Estrilan
And.
[108:28]
Interviewer/Host
And they give them the necessary protection because they fund the black OP operations of MI6, CIA and Mossad, which are then used in order to manufacture the wars that the military industrial complex profits from and are financed by the financial industrial complex and leads to the technological innovation. Because if you look at all America's technology, America's famous for its technology. Every single piece of that technology was innovated originally by Pentagon budgets for killing people. And then they privatize it through a private public partnership, which is why you get all these companies that are CIA, DARPA, funded in Q Tel, the CIA venture capital arm, and then they create a lovely story about how this entrepreneur made it in a garage. And then suddenly you manufacture an entrepreneur that is subordinate to FIC like Elon Musk, that's dependent upon continued military funding, and you privatize all those profits for the shareholders. It's just a money laundering mechanism for taking the national debt of the country and siphoning it through to the private corporate interests so then they can control more and more capital. And then with that capital control, you can exert more influence over more and more governments globally and interfere in their politics. So taking that full circle, Keir Starmer worked for Larry Fink, Lockheed Martin, general dynamic. He doesn't work for the monarchy because the monarchy has kind of taken many of those assets, put it in offshore trust structures. And those offshore trust structures are the key shareholders in blackrock, State Street, Vanguard, all of the financial infrastructure. They're all public companies. And now they've been concentrated up into the asset managers. And then the shareholders of the asset managers are obfuscated via a lot of these private family office trust structures hosted in Cayman Islands and BVI and Isle of Man and every other thing.
[110:37]
Daniel Estrilan
Simon, there's another thing I want to talk to you about. The trend of over the past two decades, more or less, we've seen a number of prominent members of the British aristocracy in general, not only the royal family, diplomatic circles, establishment in general, embrace Islam. Now, some dismiss this as kind of an isolated personal decisions, but there are others who believe that it reflects a much deeper civilizational shift. Do you see a pattern emerging or are people reading too much into all of this stuff.
[111:09]
Interviewer/Host
Yeah. So these are psychological operations, they're psyops. So when you're asset strip in a country, you create severe wealth inequality. When you create severe wealth inequality, you end up with the situation that we're in in the uk, Europe, America, Canada, Australia, South Korea, Japan, where you have record low birth rates. And record low birth rates means you're becoming extinct.
[111:37]
Daniel Estrilan
Look at Russia for example.
[111:39]
Interviewer/Host
Exactly. Yes. And so why does that happen? Well, when you have severe wealth inequality, people start to think they can't afford children. You then use psychological operations that create record high suicide rates, people fighting in these wars that then Julian Assange reveals they had to kill a million civilians, that brings people back and then they end up homeless. Post traumatic disorder, you know, traumatic syndrome. Sorry, I'm not saying the right word, but you know what I mean, ptsd. That's what I was trying to say.
[112:11]
Daniel Estrilan
Post Traumatic stress disorder. Yeah.
[112:13]
Interviewer/Host
Addicted to drugs and on alcohol. And so all of those matrix are at the highest level across Europe, uk, America, right now we're looking more and more like the Valmar Republic. This is record degeneracy, this is what it looked like. And so when you have those situations and you have a pension crisis, it means that you've got a demographic issue. That demographic issue is that you've got these unproductive, debt laden people, you've maxed them out on their credit cards, their mortgages, everything. And they're not contributing the amount of tax that's needed in order to pay for those that are about to retire. So you either find a way of reducing the population of retirees Covid, or you find a way of changing the demographics. And so you meet that through immigration. And it's quite a simple thing. You're just trying to bring in taxpayers. Now when you're at the asset stripping phase, you can also use it as a psyop. So because you want them to blame the politicians and the immigrants, you manufacture a narrative by control of media to make people into the most extreme version of themselves. So imagine you're a white British person. Your life is getting worse and worse and worse. You're finding it harder and harder to get by. Your wife has to work, your children have to work, you're feeling demasculated, you don't feel like you're able to provide for your family. And you look around and you feel like everything's getting worse and worse and worse. Well, you need an other to blame. The first thing you do is you say Keir Starmer.
[114:01]
Simon Dixon
It's You.
[114:01]
Interviewer/Host
So they're the battering ram, right, to take you away from who's actually doing this. And then the immigrant is the other one. And what you can do is you can use algorithms in order to radicalize people further and further and further. So you can show them video clips of everyone started praying in a particular area of London, and you make it look like the entire country is being taken over by Muslims. You obfuscate. You then do operations like if you look at Safari Club was the covert operation that was created by the Bush administration. They groomed Osama bin Laden, they regime changed Saudi Arabia and assassinated King Faisal. And then they did again, you say on YouTube, I've got significant evidence that 911 was done by CIA, Mossad and Saudi intelligence. And so they do this. That was to justify all the wars and to radicalize. So let me just bring this back down. There are psychological operations, and if you think this is extreme, here's an extreme thought. If you don't think they do this today, then this would be the first time in human history that power hasn't weaponized religion in order to recruit armies.
[115:17]
Daniel Estrilan
Absolutely.
[115:17]
Interviewer/Host
To be able to create wars. And if you look at Israel as a classic example, Israel created by the Rothschilds and the British monarchy via the Balfour direction during World War I, not World War II. There was no. This wasn't a reaction to the Holocaust. This was created before the Holocaust. And it was because the British Empire needed oil in the Middle east, and so they needed to destabilize. So they worked with the Rothschild family that partnered with the Zionists, and they manufactured a fake narrative. And that fake narrative was to get population growth to move to Palestine in order to recruit an army, radicalize them, and destabilize the region. So they. They weaponized the Jewish faith in order to radicalize Jews, build up the idf. And then they started creating training camps for groups like ISIS and Al Qaeda where you could create the war, kill people's families, torture them, put them in Guantanamo Bay, and then get them to recruit another militia army that you could use in order to divide and conquer the region. And then what did they do? They rewrote the Bible in 1917 and said that the prophet Israel, which was a representation of Abraham, represented the country Israel. And now you've got across America, a massive amount of radicalized evangelical Christians who believe they need to protect the country of Israel in order to fulfill the return of Jesus and the Messiah. But if you look back, look back at all history, what did the people that created America now Look at, if you look at pre Columbian times, it was believed that the highest consensus, there were 100 million natives on the land that we now call America. If you look at the first census they did, there was 250,000. How do you persuade a group of people to take 100 million population to 250,000? You radicalize them into believing they're doing it for God. And so they were escaping British persecution, allegedly in a mission for God in order to deliver their land that they thought was for religious reason. Every single war and army have always weaponized faith in order to radicalize a group, to justify how you recruit an army to commit crimes against humanity. And the latest ones are the idf.
[117:56]
Daniel Estrilan
Simon, there is the flip side to what we're talking about. In other words, throughout history, elites have often anticipated geopolitical changes long before the general public. For example, they've invested in new trade routes before empire shifted, they learned new languages before new markets emerged. Is it possible? Again, we're theorizing that some segments of the British establishment view engagement with Islam not merely as a religious choice, but as preparation for a changing geopolitical landscape.
[118:33]
Interviewer/Host
So I think there's two things, two separate ops. One is you can use immigration in the west to divide and conquer, to fuel racial tensions, religious tensions, deliberately, by algorithm, through your, through your social credit score. And then you can use that to take the technology that was tested in Muslim countries like Palestine and bring it home and build a police and surveillance state. And so if you look at open border, closed border, that was clearly not Trump versus Biden. That was clearly a uni party policy of have open borders and then bring in ice, develop the privatized prison industry, develop the deportation industry, build the police and surveillance state, and then bring Palantir in. And then you lead, you have someone like Trump that delivers a narrative that they're doing stuff to your children and all that stuff. Now, you can make some of that true. They could deliberately bring in criminals from around the world to radicalize that theory. Like they're not beyond this. These are the same people that have been killing hundreds of millions of people all around the world in order to acquire resources and regime change governments. These are the same powers. They don't have that type of agenda. Now, the other thing is, let's look at that. So that's the technical industrial complex, the military industrial complex needs that to justify war. So they 9, 11, then you had Libya war, Sudan war, Somalia, Iraq, Lebanon, you know, Sudan, Syria, and now Iran. And so that narrative was needed to radicalize the Americans into believing that this whole terrorism stuff that America and the Brits manufactured deliberately, they manufactured this, they want this, it's part of the plan. Okay, now that's one thing. Then you have the other thing that is very interesting if you look at the case of the UK. So 6% of the population is Muslim. The largest demographic of immigrants is actually Nigerians which are predominantly Christian, some Muslim Nigerians and Chinese which are in general atheist and Indian which are in general Hindu with some Muslims. But they focus on the Muslims in order to have a tool and a weapon because that weapon was built over decades from 911 and prior to 9 11. That's when Al Qaeda and ISIS were manufactured by the west via Saudi and Israel in order to have terrorism to justify this change. Now there's another change that's happening. So that's the military industrial complex gets their war. The technical industrial complex gets a police and surveillance state, pre crime arrest, Palantir AI, social credit scores, digital id, central bank, digital currencies, stablecoins, you know, all of that stuff, all of that good stuff that we got coming. But then the financial industrial complex has a really interesting situation. I believe right now that the FICO is asset stripping America while they prepare for multipolarity and they're building global financial centers that had to partner with sovereign wealth funds. The largest source of sovereign wealth funds were those that control the strategic ports and strategic energy. So in the case of Europe you had Norway, in the case of Asia you had Singapore, China as the main, as the main players. But a massive amount of it was concentrated in the Middle east, what used to be known as West Asia. So now let's look at this, let's look at all the different ports that are important in a multipolar world. And the largest sources of LNG which is going to power all this AI and robotics, a massive chunk of it is controlled by Muslim countries. So you've got Yemen with the Houthis there, you've got North Africa which has, you know, Muslim populations. You got the gcc, Saudi Arabia, Qatar, qa, uae, various other countries. And then you've got the most strategic port into Asia which is Singapore, non Muslim, but Indonesia and Malaysia. So in this world that's being built as a result of the closure of the Straight of Hormuz, there's a massive Muslim, you know, Muslim countries that go from sectarian countries which are divide and conquer operations to secular ones like Indonesia and Malaysia, to you know, more like monarchies and then revolutionary ones as well. So you have this complete spectrum of governance structures within these different Muslim populations. What was really interesting about the UK is that when they regime changed and did some tax policies that led to a massive chunk of millionaires and billionaires leaving the uk, just like they're doing in Netherlands right now, they all went to uae. So the largest recipient of those Brits was a Muslim country. So the net beneficiary of this were these Muslim countries that are building the remnants of the wealth from the previous colonies and getting them to relocate to their country while they build out these new alternative financial systems, financial rails and reset the world order. And so is it possible that a country could be anti Muslim but also pro Muslim at the same time, while UAE is exactly that country? And there is significant evidence that there was a network of NGOs and private companies that were funding, you know, many of these different fake mosque structures which were just political entities in order to manufacture this narrative. And so remember, separate the religion from the op. These are psychological operations.
[125:13]
Daniel Estrilan
So let's look at design, let's look at this. We got about five minutes left, I guess. So much stuff I want to talk to you about still. So Simon, for 30 years we're going to the post Soviet period, the west believed ideology had replaced civilization. We had liberal democracy, globalization, markets. They're supposed to dissolve these ancient identities. But if you look at the world today, religion, civilization, historical memory, all of this stuff is returning to the to the center of world politics. For example, China speaks in civilizational terms, Russia does to India. The Islamic world increasingly does so. Has the west completely misunderstood or misinterpreted the century we have entered? Are we moving from the age of ideologies back to the age of civilizations?
[126:05]
Interviewer/Host
The ideology is for the people below the financial industrial complex. The financial industrial complex has one religion, capital, money, profits, revenue. They will do anything in order to maximize those matrices, including making you believe that your government's in charge of, your media is independent, your vote matters, and the ideology is what's actually happening here. They will weaponize all of those tools in order to give you a full sense of the world. When really every type of governance structure, from democracy to absolute monarchy to communism to capitalism ended up with those that control the capital controlling the people. And the rest is just the fake narrative of communism versus capitalism. When China is so far from communism and America is so far from capitalism is just a divide and conquer operation in order to justify the Cold War. And remember who funded the cold war? Well, 1917. Remember that year where the Balfour Declaration and the British Empire. And the Rothschilds started partnering with the Zionists in order to create Israel to destabilize the Middle East. They also funded the Bolsheviks that overthrew the Russian Tsar and replaced it with the Communist Manifesto, a western ideology of Karl Marx and installed it into the Soviet Union and Russia. The same Wall street that was funding fascism that manufactured the Volmar Republic and funded Hitler in order to create the fascist uprising that led to World War II. The same brothers, the Warburgs that were on the governor of the Federal Reserve as well as the Reichsbank that manufactured the disaster that created the bank for International Settlements. And so capital has no ideology, but they have useful idiots everywhere. This isn't to diminish ideology, this is to say they will weaponize ideology. And if you follow the money, which is what I spent the last 25 years of my life doing, you'll find out that is actually the biggest indicator. And what capital flows tell you is opposite to what politicians are telling you and what the media needs you to believe.
[128:46]
Daniel Estrilan
So Simon, let's do a final round. Rapid fire. One word or short answers? Most dangerous country?
[128:56]
Interviewer/Host
Ukraine.
[128:57]
Daniel Estrilan
Israel.
[128:59]
Interviewer/Host
Oh yeah, definitely. In terms of.
[129:01]
Daniel Estrilan
Yeah, most.
[129:03]
Interviewer/Host
I do believe. I'll give a quick answer. I do believe Israel is being privatized and acquired by transnational capital. And you are meant to believe they're more powerful than they are. They're not as powerful as they make you believe.
[129:16]
Daniel Estrilan
Most undervalued asset?
[129:20]
Interviewer/Host
I would say Bitcoin in self custody where you're running a node and you own the keys.
[129:26]
Daniel Estrilan
Gold or Bitcoin?
[129:30]
Interviewer/Host
I like both, but I've got significantly higher percentage allocated towards Bitcoin.
[129:36]
Daniel Estrilan
Dollar in 10 years.
[129:37]
Simon Dixon
What does it look like in 10 years?
[129:41]
Interviewer/Host
I think it may be it's weaker than gold and weaker than bitcoin. It may be on par with dxy. But foreign countries in a multipolar world will outperform the dollar.
[129:52]
Daniel Estrilan
China or America
[129:56]
Interviewer/Host
in terms of the next empire? I think China would I want to live there. Well, I lived in Hong Kong for several years. I think they are two of the same. At least in China you know who's in charge. In America you don't know who's in charge. And they're partnered right now to create this technical, police and surveillance state.
[130:18]
Daniel Estrilan
Will Europe recover?
[130:22]
Interviewer/Host
No, Europe's going to get worse and worse and worse. It doesn't get better. Same with the UK AI bubble. We are in an AI bubble, but AI will still change the world. But I think it would be the second wave of investors that Control the most important grids of the AI data centers. This round will probably get wrecked. And after the lock in periods, I'm sure the VCs are out.
[130:45]
Daniel Estrilan
Quantum computing.
[130:48]
Interviewer/Host
Yeah, I mean quantum is the. The one world government that's going to be controlling all this AI and robotics.
[130:57]
Daniel Estrilan
And finally, one prediction. Nobody believes today
[131:02]
Interviewer/Host
that Israel doesn't rule the world and that it will be acquired by the Gulf countries and Palestine will have a state and eventually there'll be an Arab majority and all the radical Zionists will just go somewhere else. And it turns out that, yeah, Israel
[131:19]
Daniel Estrilan
doesn't rule the world and we are out of time. But before we go, how can we follow you? Your stuff is amazing and I want people to listen to you, read your stuff, read your books and follow your advice. The floor is yours.
[131:33]
Interviewer/Host
Yeah. So I give real time updates on Twitter. Sorry, Xymandixon Twit. When it was called Twitter.
[131:39]
Daniel Estrilan
Yeah.
[131:40]
Interviewer/Host
I also go live once a week on my YouTube channel, imondixon21. I talk between everything that happened that week for like two to four hours and I follow the money and then I analyze what I got wrong and then project what I think is going to happen. And then if you don't have time for that, I created a structure on SimonDixon.com where it pulls all those long. It creates 5 minute videos, 30 minute videos, blog summaries and a community of people. But I don't sell anything. No upsell, no sponsorship, no monetization. I live what I teach and I try to help people get more sovereign.
[132:19]
Daniel Estrilan
Simon, thanks so much for your time again. I love your work and for everybody who's watching us, it's a lot of people going to watch the show. Absolutely. You must follow Simon Dixon. Simon, thanks again. We'd love to have you back sometime in the future.
[132:30]
Interviewer/Host
Thanks for having me. We could have gone on forever.
[132:32]
Daniel Estrilan
We could have. And we'll do that next time. Take care. Bye bye.
[132:36]
Interviewer/Host
Bye. I think there's a small group of power structures that sit above countries that
[132:43]
Simon Dixon
are running the show.
[132:44]
Interviewer/Host
There's no political solution in the West. There's no democracy. It's all a lie. The government is a distraction. The left versus the right is a complete distraction. You need a theatrical moment to define the end of Empire and the transition to the New World Order. There is a way of breaking the system if we wanted, but they don't want you to know that.
[133:06]
Daniel Estrilan
What's the way
[133:10]
Interviewer/Host
the uk, the European Union, Australia, Canada, the collective west is fully subordinate to US corporate interests because
[133:20]
Simon Dixon
they're rolling over the debt based Ponzi scheme.
[133:22]
Interviewer/Host
They have access to the financial industrial complex tools. They can create a currency war. If they want to destroy your wealth, they can laden you with debt which they can roll over. They can use intelligence and military in order to destabilize your country. Turn genuine riots into color revolutions. Take away somebody that represented the people that and install a dictator that takes the corrupt money in order to privatize all their resources and make sure that Chevron, Exxon, Lockheed Martin, General Dynamic, JP Morgan, the IMF all can come in and use your country as an asset management portfolio. So most people when they hear this they think is this some kind of organized cabal? It's actually not. It's a ruthless game of betrayal at the top, power dynamics and access to capital and you can throw people off the network and then operations go wrong. It's a ruthless game. America is getting into this extreme divide and conquer political polarization. You've got suicide rates at all time high, the 10th largest cause of death in America. You've got drug addiction at all time high. You've got wealth inequality at extremes that are causing extreme polarization. I know how Wall street works, I know how Silicon Valley works.
[134:50]
Simon Dixon
How do I get free?
[134:51]
Interviewer/Host
And I tell them, own more bitcoin every month than the last month.
[134:53]
Simon Dixon
Own more bitcoin this week than last week.
[134:55]
Interviewer/Host
Own more bitcoin today than you did yesterday.
[134:57]
Simon Dixon
Self custody.
[134:58]
Interviewer/Host
Run a node and invest in community infrastructures. Build your freedom.
[135:02]
Simon Dixon
So we need to decentralize money, we need to decentralize artificial intelligence and we need to decentralize control grids through decentralized communities. If you fund your farmer, they want your farmer bankrupt because they want you having artificial food that's manufactured in some technical industrial complex. If you want to know what they want to do to the world, what it could look like, look at what
[135:23]
Interviewer/Host
they rebuild in Gaza.
[135:27]
Simon Dixon
Some are completely subordinate debt slaves.
[135:30]
Interviewer/Host
That's what the financial industrial complex wanted to create. Which is make you a collateralized debt obligation where you earn just enough and
[135:38]
Simon Dixon
you work your whole life just to pay the interest. And as you progress you take on more debt and pay more interest and you do that forever.
[135:48]
Interviewer/Host
That's, that's the slavery. And this is the game of investment banking. You build all the products around it to subordinate governments, companies and individuals. That's the asset stripping phase. Europe as being systemically asset strip. And that's why the war with Russia and Ukraine will continue probably for another three years. The end game here is if you look at what Larry Fink will tell you, you will own nothing and be happy. How do you achieve that? And then when you manufacture crisis, each crisis leads to concentrating wealth upwards. And then they want to make you happy. How are they going to make you happy? They can do that by giving you on a universal basic income. And so will you reset the world order into multipolarity and build a global control grid. Every capital flow in the world is telling me that that's what's happening when you follow the money. People want an easy conspiracy theory of, you know, 300 people sat in a room in an organized cabal. There's no such thing as a democracy.
[136:43]
Simon Dixon
Democracies are captured.
[136:46]
Interviewer/Host
Almost every government is subordinate to that capital structure. And so they created an operation operation called operation choke point 2.0, where they created companies that you could destroy to remove credibility, manufacture a crisis, take out all the banks that were servicing the crypto companies and replace them with Wall Street. No personal attack against Michael Sada.
[137:11]
Simon Dixon
He works for his shareholders. Strategy is doing what it was designed
[137:14]
Interviewer/Host
to do, which is create an arbitrage vehicle for manipulating the short term price of Bitcoin, for trying to centralize as
[137:22]
Simon Dixon
much bitcoin as possible. In our last conversation, you were basically setting up that the end of the Iran war would come right in line with the iPodOS.
[137:34]
Interviewer/Host
I think it's already been signed and now they're just playing theatrics. They're trying to time it with the liquidity needs of the major IPOs that are coming.
[137:42]
Simon Dixon
Where do you think we're heading next? What's your read on the situation?
[137:44]
Podcast Host/Interviewer
Situation?
[137:45]
Simon Dixon
Who won?
[137:46]
Interviewer/Host
The financial industrial complex and transnational capital won.
[137:50]
Simon Dixon
The reality is China won.
[137:51]
Interviewer/Host
That means that they can control both the petrodollar and petro yuan. If you think Trump works for the American people, then nothing makes sense. Trump's a transaction guy.
[138:01]
Simon Dixon
His job as a deal maker is
[138:02]
Interviewer/Host
to put deals together for his lobbies.
[138:05]
Simon Dixon
The markets were never saying that this
[138:06]
Interviewer/Host
was a real war.
[138:07]
Simon Dixon
If there was a real war, I was saying gold would be moving in parallel to oil.
[138:12]
Interviewer/Host
They have completely cornered the short term price of bitcoin to manipulate it. But their goal is to get your bitcoin in custody. The technical industrial complex are ushering in an Orwellian AI surveillance state. One world control grid, social credit scores, central bank digital currencies, stablecoins. You will own nothing and be happy. We'll custody the assets. You get the token and you become a perpetual gambler. Trump was installed with significant funding from Elon Musk and the technical industrial complex. Significant funding from the Mellon banking family and the financial industrial complex. And then the third largest was Mariam Adelson. The connection to Israel and the military industrial complex.
[138:59]
Simon Dixon
Three of the sharpest minds in finance, intelligence and surveillance. Surveillance research in one room for the first time. And what they laid out should terrify every single person watching.
[139:11]
Interviewer/Host
Don't listen to anything anyone says. Let's look at what they do. So whatever Elon says is rubbish. Whatever Trump says is rubbish.
[139:19]
Simon Dixon
They mapped the control grid. The trillion dollar print they say is coming. The crypto bill they call a Trojan horse. And the one move you have left before BlackRock owns your entire neighborhood.
[139:33]
Interviewer/Host
They're deliberately trying to manufacture civil unrest. I have to take people to a dark place because.
[139:41]
Simon Dixon
No, let's do it. Once you know how the system works,
[139:44]
Interviewer/Host
you know how to win.
[139:45]
Simon Dixon
And so here's how we win. We're not going to fix the system, but what we can do is absolutely.
[139:51]
Interviewer/Host
Commercial banks, they create, you know, dollars, pounds, euros every time they issue a loan. And in order to issue more loans, their first goal is to turn every single individual into a collateralized debt obligation. By getting them addicted to debt, either via mortgages, via credit cards, via student loans, via inflation that doesn't increase at the same rate of their wages, you effectively turn every individual into a debt slave. They socialize the losses across all the individuals of a nation and they privatize the gains. Your vote doesn't matter because they have access to the deep state. And so once you understand this, you
[140:31]
Simon Dixon
realize it's a big club and you're not invited and we're not in it.
[140:40]
Interviewer/Host
I believe right now we are in a shift to multipolarity and we have created an environment where our governments are fully captured. And once you understand the rules and who's in charge, it's easier to understand where we go next. And our media is just propaganda, 100% and algorithms are utilized in order to weaponize us as almost like products. But you vote with your money is how you win. If you think that you vote and your politicians need your vote, you're going to lose this game. Because the politicians and the presidents and the prime ministers, they all work for lobbies foreign.
[141:19]
Podcast Host/Interviewer
Today by somebody I've been listening to for a long time, Simon Dixon. I will tell you, Simon and I have two things very much in common. We both left investment banking disgusted by the corruption and we were seeking freedom, and our pathways have been different. But I think, Simon, you and I are sort of looking for the same thing. How do you know navigate an unbelievably corrupt financial system. And I really appreciate everything you've done to bring light to that and everything you, you're doing to try and help people be free under the circumstances. So but you have extraordinary experience in investing in bitcoin companies so you've invested in the exchanges and you know a wide of wide variety of bitcoin related companies. So you have a of lot, a lot of experience as an asset manager and investor and venture capitalist in the bitcoin area. Here's what's interesting though. You know you've learned a lot from failures. So it started with your dad losing his pension fund in the dot com bubble which I can't imagine how frustrating that must have been. I was very frustrated during the dot com bubble and then but you had one custodian fraud essentially or one, one fraud and the bitcoin space or the crypto space and you, you live through the bankruptcy experience which is quite an extraordinary experience.

Summary9 min read

Simon Dixon Hard Talk: The Week Bitcoin & Global Markets Collide | August 7, 2026

Overview

In this episode of Simon Dixon Hard Talk LIVE, Simon explores a dramatic week where Bitcoin developments collided with pivotal shifts in global financial markets. The episode is split into two major parts:

Solo Analysis: Simon's detailed breakdown of the “five managed transitions” (petrodollar, eurodollar, Japan carry trade, gold, and Bitcoin), the evolving currency wars, the fallout from the ColdCard hardware wallet hack, and the looming BIP110 Bitcoin upgrade/civil war.
Deep-Dive Interview: Simon's extensive dialogue with geopolitical analyst Daniel Estulin about the end of the American Empire, Europe's controlled collapse, the rise of the technocratic control grid, and the true nature of global power.

The tone is urgent, analytical, and deeply skeptical of official narratives—emphasizing the importance of financial sovereignty, self-custody, and understanding the true drivers behind financial markets and geopolitics.

Part 1: Market Chaos, Currency Wars & Bitcoin’s Critical Weekend

Five Managed Transitions in Focus

[00:02] – [03:39] Simon frames the week’s events as “five attacks for five managed transitions”:

The Petrodollar: The decades-old system for global oil pricing in dollars.
The Eurodollar: Offshore dollar creation, outside US jurisdiction.
Japan Carry Trade: The leveraging of cheap Japanese loans to buy global assets.
Gold: Still the leading reserve for central banks.
Bitcoin: Now facing simultaneous technical and operational challenges.

Quote:
"If you hold funds on cold card, you should be moving your funds and you should be moving to a new secure environment... You need to do that immediately."
— Simon Dixon [02:13]

ColdCard Hack & Bitcoin Self-Custody

[01:49] – [04:27]

Details the escalating ColdCard wallet exploit.
Urges immediate movement of funds to safer storage.
Highlights ongoing investigation into whether the incident is an inside job, state hack, or "weaponized" by financial actors.

Quote:
"People have been questioning whether this was an inside job... Anything to do with FIC [Financial Industrial Complex] exploits, but how it will be weaponized... you need to do that immediately."
— Simon Dixon [02:09]

The Macro Matrix: Bonds, Oil, Gold & Dollar

[05:16] – [09:41]

US Bond Yields: 10-year at 4.67%, 30-year at 5.24%—danger zone for US and global finance.
Dollar Weakens: DXY index dips below 100, signaling shifting currency relations.
Oil & Gold: Oil up slightly after Iran MOU; gold flat around $4,375; central banks’ gold accumulation continues.
Stock Market Surge: S&P500 at all-time highs as money flows into equities, mostly led by AI/tech giants.

Quote:
"AI stocks are still leading... But at each phase it's propping up the whole market. These data center buildouts... Activist side, people are starting to get more and more attention around these data centers being built."
— Simon Dixon [09:40]

Managed Multipolarity & The Japan Carry Trade Sting

[10:00] – [21:56]

Japan’s intervention to defend its carry trade, with a new twist: selling Euros, not Dollars, to stabilize the Yen.
This coordinated FX maneuver aims to avoid US Treasury bond selloffs, concealing stress in the global monetary system.

Quote:
"So, to me, by selling these euros and buying yen and not doing it with dollars, you're avoiding the dollar weakness... you're protecting the treasury market." — Simon Dixon [17:08]

The Petrodollar Fractures Further & Alternative Settlement

[21:56] – [29:02]

43-nation Saudi maritime defense coalition marks further steps away from US naval/military hegemony.
Iran moves to price oil in yuan/Bitcoin—potentially upending decades of energy finance.
Tether, now systemically important, is accumulating gold and Bitcoin.
US efforts to maintain petrodollar dominance falter amid rising regional coalitions and alternative financial rails.

Quote:
"If Iran's coming out of sanctions, then what do you price that oil in? And what happens to those gold routes and those oil routes... Alternative settlement rails that happen outside Swift."
— Simon Dixon [27:56]

The Civil War Inside Bitcoin: BIP110, Node Wars, and Miners

[37:59] – [69:32]

The looming BIP110 “civil war”: node operators vs. large corporate miners and financial custodians (MicroStrategy, BlackRock, Coinbase).
Two scenarios:
- If miner signaling for BIP110 passes 55%: smooth, united network upgrade. - If not: potential for a contentious fork, exchange chaos, dual-coin scenario (“civil war” scenario).
The recent ColdCard hack seen as suspiciously timed, fueling the centralization push by FICs.
Simon details the importance of node operation, self-custody, and resisting financial/technical centralization.

Quote:
"The only last line of attack is if people hold it in self custody and run nodes... one node is one vote... as long as nodes can determine that they can resist against corporate capture, then the financial industrial complex has lost."
— Simon Dixon [46:41 & 51:32]

What Should You Do? Simon’s User Guidance

[51:32] – [69:32]

If you're at risk from ColdCard hack: Move funds ASAP, but do not panic-transfer to exchanges unless absolutely necessary.
During a fork or uncertainty: Pause Bitcoin transactions, wait for the picture to clear, prioritize self-custody.
If forced to use an exchange for safety: Accept temporary loss of sovereignty, rejoin the self-custody “battle” later.

Quote:
"If you lose your bitcoin, then you're out of the battle. It's better to keep your bitcoin and then come back and fight with us another day if that's your only choice."
— Simon Dixon [69:24]

Notable Quotes & Moments

On technocratic control:
"You will own nothing and be happy. We'll custody the assets. You get the token and you become a perpetual gambler."
— Simon Dixon [138:12]
On policy and incentives:
"Are policymakers managing a transition into a new monetary order? Are these covert operations? Over operations? Who controls the policymakers? Follow the money."
— Simon Dixon [70:13]
On resistence:
"This is about understanding governance structure, incentives, networks, and how to remain complicit with the FIC."
— Simon Dixon [58:32]

Key Timestamps

00:02–03:39: The five financial transitions explained.
05:16–09:41: Market overview—bonds, dollar, oil, gold, and stocks.
10:00–21:56: Japan carry trade, FX market intervention, links to petrodollar and eurodollar stress.
21:56–29:02: Petrodollar breakdown, energy finance changing, and rise of alternatives.
37:59–69:32: Bitcoin's internal civil war, BIP110, node/miner/exchange dynamics, and user protection advice.
70:13–73:53: Sovereignty, financial agency, and recap.

Part 2: Deep-Dive Interview – From the American Empire to Technocratic Control Grid

The Real Power Structure: Follow the Money

[76:57] – [88:54]

Estulin introduces Simon as a rare thinker weaving finance, geopolitics, and tech into a unified theory of how power actually moves.
Simon outlines the evolution of financial empires: Dutch → British → American, each innovating in financial engineering to "socialize losses, privatize gains" (central bank/state/corporate alliances).
Managed transition to multipolarity is well underway; “the stock market is running away from the economy.”

Quote:
"A structure... the Dutch East India Company: government takes on the debt, company takes on the profits, and the central bank obfuscates through fiat currencies.”
— Simon Dixon [79:40]

Is Europe’s Collapse Controlled?

[83:26] – [95:12]

Europe is being “systemically asset stripped” to prop up the US stock market and set up new global financial centers before a managed debt collapse.
“American politicians are just battering rams for lobby interests.”

Quote:
"The Dutch Empire is being asset stripped... The British is about to go through IMF bailout... The American empire is further along—pushing all the debt into the stock market."
— Simon Dixon [83:26]

The True Nature of Democracy & Regime Change

[95:12] – [105:08]

UK’s rapid succession of regime changes is not “democracy in action” but elite rotation in serving FIC needs.
Rishi Sunak, Boris Johnson, Liz Truss, and Keir Starmer each served very specific powerful interests with orchestrated narrative outputs.

Quote:
"Democracies are fake. Politicians are selected, not elected obviously... They're paid like prostitutes for financial power, technical power, big pharma, military power..."
— Simon Dixon [95:54]

The British Monarchy & Deep State Operations

[105:52] – [111:08]

Monarchies, the City of London, Switzerland, and the Vatican have unique legal jurisdictions and are deeply intertwined with deep-state financial crime and influence.
Drug, human, and weapons trafficking fund covert “black ops” for agencies like MI6/CIA/Mossad.

Quote:
"Those drug trafficking routes still exist via MI6, CIA, Mossad... funded by human trafficking, sex trafficking, weapons, drugs..."
— Simon Dixon [108:28]

Immigration, Psyops, and Societal Engineering

[111:08] – [118:33]

Immigration seen both as a tool to offset demographic collapse and as a psyop to fuel social division.
Religion, ethnicity, and psychosocial triggers are algorithmically weaponized to keep populations divided and distracted.

Quote:
"If you don't think they do this today, then this would be the first time in human history that power hasn't weaponized religion in order to recruit armies."
— Simon Dixon [115:16]

Civilization vs. Ideology: The Real Religion Is Capital

[125:12] – [128:46]

Current age is not ideological (liberal democracy vs. communism), but civilizational, with capital (money) as the true “religion” of the elites.
Narratives about democracy, capitalism, or communism serve as distractions for the public.

Quote:
"The financial industrial complex has one religion—capital, money, profits, revenue... They will weaponize all of those tools to give you a full sense of the world."
— Simon Dixon [126:05]

Rapid-Fire Endgame Predictions

[128:46] – [132:29]

Most dangerous country: Ukraine / Israel
Most undervalued asset: "Bitcoin in self-custody while running a node"
Gold or Bitcoin? "Like both, but more Bitcoin"
Will Europe recover? "No, it gets worse"

Closing Prescriptions: How to Win

[134:49] – [135:47]

Own more Bitcoin each month, self-custody, run a node.
Invest in local, decentralized communities.
Understand the system won’t be fixed, but individuals and communities can build parallel sovereignty.

Quote:
"Own more bitcoin every month than the last month... Self-custody. Run a node and invest in community infrastructures. Build your freedom."
— Simon Dixon [134:53–135:01]

Memorable Quotes Recap

"If you hold funds on cold card, you should be moving your funds and you should be moving to a new secure environment... immediately." — Simon Dixon [02:13]
"Democracies are fake. Politicians are selected, not elected obviously." — Simon Dixon [95:54]
"We need to decentralize money, decentralize artificial intelligence, and decentralize control grids through decentralized communities." — Simon Dixon [135:01]
"The financial industrial complex has one religion, capital. Money. Profits. Revenue." — Simon Dixon [126:05]
"Own more bitcoin every month than the last month." — Simon Dixon [134:53]
"The system can't be fixed, but you can build your own freedom in parallel." — Paraphrase of closing advice

Big Picture Takeaways

Global Financial Order Is Actively Being Replaced: What appears as market chaos is an orchestrated, multi-sector “managed transition” to multipolarity and tighter elite control.
Bitcoin Is a Battleground: Not just for technology, but for the definition of money, power, and individual sovereignty. BIP110 and the ColdCard hack are fronts in this war.
Resist Centralization: Only self-custody of assets, running full nodes, and investing in decentralized and local infrastructure preserve sovereignty.
Elite Power Is Structural, Not Democratic: Real power sits above governments, using debt, capital flows, and covert operations to restructure societies for profit.
Follow Incentives, Not Narratives: Discern true motivations by tracing financial flows–not what politicians, CEOs, or media say.

Resource Links (from episode)

Simon Dixon's Blog & Book
Twitter/X: @SimonDixonTwit
YouTube: SimonDixon21

For Listeners:

If you want actionable, rigorously independent macro insights, be sure to follow Simon’s weekly analysis and community resources. This episode is a must-listen for anyone seeking to truly understand Bitcoin’s role amidst tectonic global economic shifts and how to protect themselves in an age of accelerating change.

Loading summary

Transcript177 lines

[00:02]
Simon Dixon
Five attacks for five managed transitions. The petrodollar, the euro dollar, the Japan carry trade, gold and bitcoin. And what happened as a result of the cold card hack on bitcoin and what happens tomorrow and what does everybody that owns some bitcoin need to know in terms of exactly what's going to happen tomorrow and what to look out for? That's what we've got to cover on this week's Simon Dixon Hard Talk Live. Hey, sovereign wealth builders. Simon Dixon here. And welcome to another episode of Simon Dixon Hard Talk Live. We're going to be going live this week where bitcoin and the global markets collided. We're going to be breaking down into two parts as always. In part one, we'll be going through Japan, we'll be going through bitcoin. Not only the hacks, but also what's happening with the forks this weekend and the new currency war, how it relates to the geopolitical environment, the Japan carry trade, the petro dollar, the euro dollar and everything that's happening in global markets. In fact, what changed this week? It was a really big week. In part two, we'll be heading over to my interview that I did and that was on from the American empire to the technocratic control grid. I went on a podcast with Daniel Estilin who has a Bigfoot Spanish audience, so there's some Spanish subtitles underneath as well. So it's great to get the message out there. But we were discussing the transition and really in part one we'll be discussing how the what happened this week is
[01:47]
Interviewer/Host
really managing that transition.
[01:49]
Simon Dixon
So let's do a quick review of where we're at. Last week we covered the whole cold card exploit which has escalated. If anyone was impacted. There was a hardware wallet called ColdCard. It was unique to that environment and people have been questioning whether this was an inside job or whether there was
[02:10]
Interviewer/Host
state hacking or whether, as I believe,
[02:14]
Simon Dixon
anything to do with FIC exploits but how it will be weaponized. So firstly, let me just put a message out there. If you hold funds on cold card, you should be moving your funds and you should be moving to a new secure environment. It was unique to the cold card wallet and the hacking is still continuing. We'll be giving an update, but I just wanted to put that out there. You need to do that immediately.
[02:41]
Interviewer/Host
And.
[02:42]
Simon Dixon
But what were we discussing the week before that? Well, we were discussing and I launched a released a long blog around following the money between the BIP110 Bitcoin improvement proposal and why I'm supporting BIP110 and I went through the game theory and I gave a big explainer. So that was two weeks ago. So when you put those together you've got a big event happening this weekend. You had the cold cod exploit before that. And I'm now going to be discussing after we've done the geopolitical and macro side, how that actually fits into how it's being weaponized by nodes in the financial industrial complex, including people like Michael Sailor. And we'll be digging a little bit deeper into his company strategy. So this week, what's new? Well actually there are five transitions that
[03:37]
Interviewer/Host
I need to discuss this week.
[03:40]
Simon Dixon
One is what happened with the petrodollar. Two is what's happening with the Euro dollar which is dollars created outside of the American system. The petrodollar is the demand for dollar being created through the pricing of oil, particularly with regards to Saudi Arabia in the Middle East. And thirdly the Japan carry trade. Real big movements this week but they all relate together. In fact they were all moving in sync around what we call the managed transition that we've been discussing a lot. The other operation of course is the, the movement to try and get people to take their Bitcoin out of self custody and put it in custody, whether
[04:26]
Interviewer/Host
it be through ibit, whether it be
[04:27]
Simon Dixon
through Bitcoin, treasury companies, whether it be through any of those and, and also the central banks as always accumulating gold while the petrodollar, the Euro dollar and the Japan carry trade seems to be going through this managed transition which has always been my working theory that if you slowly unwind each of those trades and positions then you end up with a reset of the world order into multipolarity and therefore there are operations that need to happen at both the financial level, the technical level and the military level.
[05:05]
Interviewer/Host
The, the fic, the MICK and the
[05:07]
Simon Dixon
tick in order to manage that transition
[05:10]
Interviewer/Host
and take us to a world of multipolarity.
[05:17]
Simon Dixon
Anyway, so what happened in the market? Right, well let's have a little bit of an overview. So the most important matrix that we've always covered on Simon Dixon Hard Talk live is the 10 year US Treasury. Now remember what I've been previously saying, every time it gets above 4.5% you enter into danger Z we're now at 4.67%, that is 17 basis points above the danger territory. What about the 30 year bond which sets the mortgage rates? Sorry, the 10 year sets the mortgage rates but the 30 year bond is now at 5.24% throughout the whole Iran US war. Every time it got above 5%, we had a slight taco. Now we're starting to hit real, you know, real desperation territory in terms of the cost of refinancing the US debt as well as any mortgage owner that needs to refinance their debt as well as anybody else that's rolling over those debt as a result of these longer term rates. And at the same time, as we covered last week, the Fed is getting more and more hawkish, indicating that it's not willing to cut rates, which was the whole narrative around the Trump administration. And so during the Iran war it significantly strengthened $. Prior to that the dollar was weakening, but weakening in terms of the index that we follow, dxy, which is not a great index because that's the dollar relative to Swiss francs, to euros, to Japanese yen. But we started to see a weakening again. So it's now below the 100 mark. So it was down to about $96 prior to the war. Then it went up to a peak of about 100 and above and we're now slightly below that 100 mark. So $99.777, which is implying a, a trend or towards some kind of weakness as a result of this Japan carry trade and the events that we're seeing this week. In terms of West Texas WTI oil, it's 74 to 75 dollars. So it came up a bit more from its lows after the Memorandum Memorandum of Understanding was signed with Iran. And in terms of Brent, we're now up to 77 to 78, which is the North Sea oil mainly in the UK. Gold is kind of, you know, we had this peak of about 4, $600. We're now at 4375. So it's steady, it's flat. There is more and more accumulation by central banks and it is still the number one reserve asset of central banks above the value or the market cap
[08:14]
Interviewer/Host
of treasuries held by central banks.
[08:17]
Simon Dixon
Bitcoin, despite what is happening that the fact that we're in the midst of a civil war that's going to be moved to its next stage on Saturday and we had the exploit of cold wallet through cold through, cold card, a specific wallet, it's remarkable that bitcoin really hasn't moved. In fact it's been going up slightly. We're at about $64.4K. And of course the market in fiscal dominance when you're rolling over the debt and you're dumping the debt on the American people and that's creating Inflation around the world that is leading to these stress situations where some foreign countries are selling bonds in order to purchase gold. In terms of central banks, you're getting these stresses in the yield goes up as more people sell bonds. But where does that money go? Well, it goes towards inflation hedges. Bitcoin's been flat, gold's been flat, but the stock market is ripping because that's where the value is going to. As the stock market transitions to this AI concentrated technocratic control grid that we'll be covering in part two, the S P500 is near all time highs again at 7710. So they print the money,
[09:41]
Interviewer/Host
they then
[09:42]
Simon Dixon
push it into government spending to boost the stock market. And whenever the yields on the bonds reach the point where too many foreigners are selling them, they need to do some intervention until eventually you manufacture a crisis. And that crisis justifies why the Fed can start jumping in and buying those bonds, but they need lower and lower yields in order to do that. So you end up buying in order to get those yields down. And the short term yields can't come down because it's creating more inflation. And there is the conundrum that the American markets are facing right now. They have to roll over the debt to roll over the Ponzi scheme and that's causing this fiscal dominance. What's the side effect? The rich get richer, the poor get poorer and you go deeper and deeper into this K shaped economy. But AI stocks are still leading. We've had corrections, we've had revaluations, SpaceX is below the IPO price, which is what we were talking about. But there is the rotation continues in and out around these AI stocks. But at each phase it's propping up the whole market. These data center buildouts, the knock on effects in terms of the manufacturing that's coming from it. And on the activist side, people are starting to get more and more attention around these data centers being built. But anyway, the equity markets remain resilient, the bond yields are high and concerning gold, flat oil is firm and in reaction to what's happening in the Middle east and the petrodollar and Bitcoin is incredibly resilient relative to the attacks that are happening right now. And we'll see the result of that and we'll be going through. But stocks are at new highs. And what the story the markets are telling us is again the same thing. This is a managed transition. This is not an escalation to a wider war or World War 3 according to the markets. But this is a Change in empire where we have two things. The FIC is transitioning the world to multipolarity. The MIC is using those operations to get more negotiation leverage for the financial industrial complex. And above that, they're setting up the control grid by the tick, the technical industrial complex. And in order to manage that transition, let's take a look at Japan. So Japan is really the biggest macro story that happened this week. There was an intervention by Japan in order to protect the Japan carry trade. Just as a quick recap, Japan has historically had 0% interest rates, sometimes negative, which has meant that people would go to a Japanese bank in order to borrow at very low or negative or even 0% interest rates. Hedge funds would do that and then they would invest it in U.S. stocks or U.S. assets. And so a big chunk, the largest lender to the US Government, foreign lenders outside Cayman island, which is the hedge funds and related is Japan. So you've got Japan and you've got Cayman Island. That is the Japan carry trade. The hedges are speculating what's called the basis trade, where they're trying to use significant leverage in order to clip out money from these US trying to auction and refinance their debt. Japan is, you know, is lending to the US government, which means that they take their Japanese yen, which they want to have weak as an export dependent country. But because of the oil prices, they don't have any of their oil, they import all of their oil. And so this creates a challenge. When you have a weaker currency and a higher oil price, then your markets go zinc. It is also a key node in the AI trade as well. And so this is causing stress. Now when you're decoupling from the US and you're transitioning the world into multipolarity, all the bank of Japan needs to do is start increasing its interest rates. When it increases its interest rates, it breaks the Japan carry trade because the free money is no longer there. And so you need a managed transition. Now this creates a bit of a game between the Federal Reserve and the bank of Japan because the bank of Japan is moving towards more independent in terms of their policy. But they're both members of the bank for International Settlements and the Federal Reserve is the bigger node in that. And so the, the, the Japan and US relationship, the bank of Japan and the Federal Reserve relationship managed via BIS is a very important relationship. So Japan intervened and the US reportedly decided to join the operations. Historically they just, you know, go out there and they put a call saying if I want to buy some Japanese yen or sell some Japanese yen, then that spooks the market and then the fund managers tend to do the same thing and everyone reacts. It impacts bonds and everything. Now the more stress that happens in Japan, the more likely Japan is to sell their Treasuries. What happens if they sell their Treasuries? Then you get higher yields. What happens when you get higher yields? The US debt goes into a bloom. The, the tax, you get, you know, tax receipts coming down at the same time as the cost of debt going up. And so the deficit in America balloons out of control and it can potentially go into a spiraling where it needs to refinance more in order to roll over that at higher interest costs. Higher interest costs means that there's more stress, the yield starts going up and this is the, the doom loop that the US is trying to intervene and make sure it doesn't happen right now. And so the US treasury can intervene by taking some of its own. It has a bank account with the Federal Reserve. It also has its reserve strategic reserve currencies as well. And it holds those and manages them via the New York Fed. This is historically where the City of London and the new and the New York Fed have always had their relationship and their partnership because they, the City of London is the largest liquid market for FX and foreign exchange in the world. So the COVID MI6 CIA operations have historically happened via that relationship between New York and the City of London. But here's what's really interesting. What would they normally do? So a normal intervention is either they go out and they start making calls and they try and get the market to react, react or they would intervene more directly and they would sell some dollars. Which means when you sell dollars you're selling bonds. When you sell bonds it means yields go up. When yields go up, those interest rates go up and you have a problem. So they can't do that. And so what they're doing around the world to stop people selling their bonds is they're issuing FX swap lines. That's where a foreign central bank can deposit their currency, borrow some dollars and then rather selling U.S. bonds. They take those dollars and intervene in
[17:07]
Interviewer/Host
the, in the mean, in the way
[17:08]
Simon Dixon
they wanted to do. But this time what happened? They reportedly sold Euros. Now here's what's interesting. It you've got who are the largest foreign lenders and to the US government, well after Cayman island, then you've got Japan, then you have uk, then you have European countries and you also have China which has been selling down. So if China has been Selling down Japan is decoupling with this, you know, this decoupling from this carry trade. And you need to stop Japan from selling its dollars so it sells its bonds in order to prevent the yields going up. And you'd break the Japan carry trade which is providing liquidity to the stock market in some instances to take it to new all time high. Then what are you going to do in order to buy yen? Well, rather than doing the FX swap line in this environment, they decided to sell euros. And the European Central bank is also, via its nodes in Europe, one of the largest bondholders. So now you've got stress on the bond market from China, from Japan, from Cayman island hedges and Europe simultaneously. So to me, by, by selling these euros and buying yen and not doing it with dollars, you're avoiding the dollar weakness and therefore you're, you know, but we had a little bit of dollar weakness at the same time. But you're trying to stop those Treasuries from being sold and again manage transition. What you're doing is you're protecting the treasury market which is the debt rollover, which is the mechanism for the financial industrial complex to socialize losses and privatize gains. You're increasing the debt so those auctions still happen. Dumping that on the American people, that creates inflation which drives traffic into the stock market. And the stock market is, you know, 92% owned by the FCC. And so this is the wealth transfer. And you do that for as long as you can until eventually the banks are no longer willing to use Treasuries as their reserves. And so the foreign central banks use gold and you manage that transition. And so that really light relies into, but you're reducing Japanese treasury selling is the idea here. Just like when UAE wanted to sell some of his Treasuries, it got an FX swap line. And in return UAE came out of opec, which breaks the petrodollar because OPEC was a syndicate that was formed. And the negotiated outcome of that there was a resistance after the 1973 oil embargo where the, the OPEC was a resistance against the large Western seven, you know, seven sister oil companies. But the settlement was the petrodollar. And so when you come out of opec you're breaking the petrodollar. So you get to stabilize yen while the bank of Japan gets to increase its interest rates. And then you put selling pressure on those euros as well. And so this is a slow carry trade unwind. And the fact they didn't do it via a Fed swap line means that they are slowly moving to this managed transition. And so you know these, these Treasuries is basically directing FX intervention through the financial industrial complex which is I think supporting this transition to multipolarity and has been my longer term thesis that I'm testing. And at the same time if there is too much stress, there is additional facilities in the repo markets. The repo facility, this is the overnight lending market at the Fed for banks. And so this is the facility that has been being made available should there be any issues. In the end, what is the net result of this? Socialized losses, privatized gain, transition to multipolarity put stress on the Japan carry trade which then impacts through now into the Eurodollar market. And at the same time the interventions in the Middle east with oil prices are putting stress on the petrodollar while the US bases are leaving or being blown up. At the same time as China becoming strategically important to the sovereign wealth funds and at the same time as
[21:57]
Interviewer/Host
the,
[21:57]
Simon Dixon
the Iran escalation that is leading to the settlement of the Strait of Hormuz and all the different new defense pack that don't rely upon America in the Middle east as the Middle east becomes West Asia. And so foreign central bank repo treasuries are new instruments, don't worry about all this jargon, they just create new tools, new instruments, new interventions. The idea is that you socialize the losses, privatize the gains into assets and you basically receive these dollars without having to sell Treasuries is the idea. And that is the carry trade. The carry trade is to borrow cheap yen, buy US shares and that pumps the stock market to new all on new all time highs. You need to unwind that in a very managed way so that you can dump the debt onto the national, you know, the national debt, socialize the losses and privatize the gains into the stock market and assets. So is this a managed unwind? Well, it needs to be combined with the other operations. So what happened on the side of the petrodollar? I gave you the history, what happened? This week we had a announcement of a Saudi maritime defense coalition. And so this is the alternative to relying upon the US bases and the US Navy to protect the seas so that America can retreat to a regional power. The fit can create multipolarity, the tip can configure the global control grid and the MIC performs the operations to direct the flow of capital and lead to these new coalitions that don't rely upon the US as world reserve currency and the US as the global hegemon. And so this was 43 countries that signed up, 14 initial endorsements came through. And it was focused on the Red Sea Baba Mandeb, which at the moment is the settlement with Yemen and the Houthis which then touches into the Horn of Africa and the Gulf of Aden. And these are the assets where you're seeing the Turkish interests and the UAE interests being settled as well as the Saudi interest in Yemen. And that requires a couple of things to be settled. An agreement with Iran which was normalized with Saudi Arabia, which was normalized via China with Saudi Arabia. And then the the unwinding of resistance. So the justification for Israel as a mcnode can disappear. And then you transition out of the petrodollar with UAE coming out of opec. You set all the ports, you create the alternative financial system and financial rails with central bank digital currencies Enbridge and then you also have the, the SIPs, Chinese settlement networks and the alternative rails. If Iran's coming out of sanctions, then what do you price that oil in? And what happens to those gold routes and those oil routes that allowed via uae Iran to circumvent those sanctions? And so in order to get there you need shipping security in a post US hegemonic world fit for multipolarity. You also need energy security. And that's what this is focused on. So the Iran Iran also released a draft legislation and this is not law at this stage, it's legislation which acts as negotiation leverage in these memorandum of understanding actually entering into a final agreement and final terms. But it is still under discussion in the Iran parliament at the moment. But it is around pricing oil in yuan in order to, you know, get out of the Strait of Hormuz. Or you could accept bitcoin payments. Now remember Scott Bessent came after the stable coins of Iran because they could just call Tether Tether that has now been approved under the Genius act after custodying all of their bonds with Canter Fitzgerald, Howard Lutnick. And so now Tether has become too big to fail. But they're taking the yield on the debt that they're holding with Cantor Fitzgerald and and they're purchasing bitcoin mining Bitcoin and gold. And of now it won quarter last year, excuse me, became a larger investor in gold with that yield than other central banks. So Tether has become too big to fail. Co opted into the FIC via Cantor Fitzgerald. Then Genius act passes and remember Cantor Fitzgerald has a 5% convertible bond in Tether. The assets under Management of Cancer Fitzgerald are approximately $3.5 billion. If that converts at the strike price, that is a 25 billion dollar asset for Cantor Fitzgerald. And so Cantor is incentivized to build this programmable money by holding the bonds. And those, those stable coins have now become too big to fail because you can't have anyone selling their Treasuries, you need them buying Treasuries. So the tick is pushing stablecoin adoption. Clarity act was delayed based upon the corruption clauses which we'll see what comes next. But Clarity act is effectively the tokenize everything programmable control grid that is emerging. And in Iran's agreement it was talking about pricing oil and the trade routes where you can pay in Bitcoin or you can price it in Chinese yuan. Now settlement is different from pricing. You could still price something in the dollar.
[27:56]
Interviewer/Host
That's irrelevant.
[27:57]
Simon Dixon
It's how you settle it which becomes important. And that's the one to watch. You know, Saudi went from 100% petro dollar to 30% petro yuan to 70% petro dollar. And now we've got this network of central bank digital currencies and alternative settlement rails that happen outside Swift as well. And at the same time Iran and Amman Amad's put together a proposal. Iran has rejected that proposal. But Iran and Mon have discussed how they're going to do transit fees. Of course that relates to this maritime protection, you know, syndicate as well as the new security pacts happening in the Middle east that don't rely upon America having its bases so it can't project power via the petrodollar. And so this is the, the, the, the controlled demolition in a managed format of unwinding the petrodollar. Continue to price in dollars but settle in other currencies and remove the, the, the, the what was a protection racket
[29:02]
Interviewer/Host
was really the US projecting force via its US basis.
[29:07]
Simon Dixon
So what's all the central banks doing? Of course they continue to buy gold that is slow and steady. We still have the fact that in the west there are paper derivatives that far exceed the amount of gold held in custody across Switzerland, across America, across London markets. And we've been extending the Singapore markets, the Hong Kong markets and Shanghai has, you know, doesn't have these paper contract environment. So whenever China wants to create stress in the commodity market, they can do something just like they did when they want to create stress in the AI market they can show how they can perform significantly cheaper open source, their code. And that creates stress in the AI stock market driven stock market at the same time in the commodity market you can do the same thing. They have the gold, the west has the paper contracts. And it's only when central banks lend their gold that you could, that you can plug those gaps whenever anyone wants those gold. And so that's a rug pull in the making as well as the bond markets that we've already covered. You know, this triple whammy. Now we got the currency markets and the currency wars. So anyway, this is a multi factor currency attack or a managed transition rather than a controlled, you know, rather than a demolition to this multi currency settlement layers that we're witnessing and we've been
[30:38]
Interviewer/Host
following all over the years as well.
[30:40]
Simon Dixon
It's a gradual transition, but with gradual transitions things can go wrong. And when things go wrong, you know, the FIC is there to make sure
[30:51]
Interviewer/Host
they get the liquidity and the Fed
[30:52]
Simon Dixon
is there to socialize the losses and privatize the gains. And with every crisis, just like in 2008, you get BlackRock managing the purchases or with 2020 Covid, you get BlackRock managing those contracts. More assets end up in the Fed, the bank's dividend gets greater and you have this concentration of power over to the financial industrial complex. So as I said, the euro dollar, the questions to ask is why use euros? I've given you my theory why they didn't use dollars. And, and we need to keep watching that, how that rolls out with the Japan carry trade and does that lead to ECB and ECB member banks in Europe selling some of those Treasuries? Will there be an FX swap line? Because there is no separation between the European Central bank, the bank of Japan, the Federal Reserve, all coordinated via the bank for International Settlements which has its own jurisdiction, its own army, its own police in a building in Switzerland. Okay, so we have stress in the petrodollar or the slow unwind. We have now moving to the euro dollar and the stress with Europe. This is five transitions all at one. One time we've got the, you know, the gold with central banks, we've got another operation with the petrodollar euro dollar and Japan carry trade. So what's the fifth one? Well, the fifth one is the COVID and over operation. Operation 2.0 was discussed in Senate. It was when the Fed and the occ, the regulator of currencies was putting pressure on Bitcoin companies so that Wall street and their, their preferred suppliers could take over and step in. Now that was under the Biden administration and then it pivoted during the Trump administration. The genius act And Clarity Act. So it went from controlled demolition to enter up our preferred players. The rise of strategy headed by Michael Saylor and the rise of Blackrock ETFs under Larry Fink. We had these operations and the end result was more centralizing of Bitcoin in custody by the financial industrial complex. Then what do you do? You do Clarity act, you do genius act. This is where you can tokenize securities. You will own nothing and be happy. You get the bitcoin in custody, try and centralize it, give people a security and then tokenize it. And those on the wrong side of the K shaped economy get a stablecoin universal basic income. Those on the right side to get to concentrate the assets, but under the custody of BlackRock who's using Coinbase. So they took Coinbase public as part of this, this operation as well. But as part of that you need to dissuade as much as possible. So I believe there is also cover operations to dissuade people from holding their Bitcoin in self custody. Which then leads to what's coming this weekend, which is the resistance by node operators against BlackRock strategy, the miners, the big loft corporate interest, which mirrors very similar but a different flavor to what happened in 2017. If you swap out Barry Silbert and Digital Currency Group and the New York agreement in 2017 with Strategy, Coinbase and BlackRock and then all the nodes that come from that, like Cantor Fitzgerald, then you see a similar thing which is trying to centralize as much Bitcoin as possible, trying to influence policy policy to tokenize and create the technocratic control grid and dissuade cold storage as much as possible in self custody so that you can't run nodes against the corporate interest. Because the way that bitcoin works is you have developers, you have. And so BlackRock and everyone was announcing new budgets to fund developers, you have miners, which are largely public companies in the US or the largest private bitcoin miner is Tether. So you capture that the only last line of attack is if people hold it in self custody and run nodes is you have node operators, which is ordinary people. So what was the last block size war? It was because Tether was bloating the bitcoin blockchain via Omni, which led to a huge transaction fees. There was a debate over increasing block size to make transaction fees lower. But there's a trade off. If you increase block sizes it reduces fees, but it makes it more expensive to run nodes, which reduces the number of nodes. And only large economic nodes end up bothering to pay for it. So the more expensive it gets. Because remember, one node is one vote. There's no difference between a node with 100,000 Bitcoin and a node with 0.00001 Bitcoin, one node, one vote. So the only way to concentrate and centralize nodes is to make it expensive to run those nodes. So only companies are incentivized to do it rather than the average person. And one way of doing that is by filling up the blocks and making it expensive. So you incentivize people to increase that block size and make it more expensive. Now we've had a different one with spam wars, which is really culminating in in what happens today, tomorrow, August 7th, August 8th is what where we'll get an understanding of what comes next. Does this transition with nodes enforcing their power or do we enter into a more dangerous war? We will know tomorrow. So what led up to that? Well, the coal card hack. And what did the cold, hot, cold hack do? Follow the money, who benefits? Big Bitcoin, the financial industrial complex and everyone going away and saying, oh, this wasn't unique to cold card. It was actually self custody. So don't self custody, buy some strategy stock, buy some IBIT and or put it on coinbase is the end result. Now let me get the 2 difference. I'm discussing the operations and I'm discussing you as an individual. You need to keep your bitcoin safe and so you need to think about that as your primary thing. The operations is what I'm keeping an eye on because I was prepared for the attack. But those that were unprepared for the attack, they obviously need to focus on protecting their Bitcoin. Don't confuse the two. Then in a calm environment, you hopefully get back to joining us in self
[37:59]
Interviewer/Host
custody and running nodes or whatever it may be.
[38:02]
Simon Dixon
Fortunately there is a big spike in nodes. But where it's very strange, those nodes, the big increase has been the nodes running knots and, and signaling. For BIP110 there was also a big increase in nodes running a very old version of Bitcoin bit, you know, bip 27 rather than bit 30. V30, sorry, v27 rather than v30. Now the fact that those have gone up significantly implies a coordinated hostile attack to try and keep it hidden. How many people are signaling knots? Because the number of knots nodes is
[38:46]
Interviewer/Host
going up and up and up.
[38:47]
Simon Dixon
I think it's about 18,000 or something right now, but the percentage has remained constant. Matthew Kratter did a video where he showed that by putting nodes up, that is signaling for an old version of Bitcoin Core, you're able to make that percentage look constant at the very same time as the timing of this Cold Card hack. So the community is asking a lot more questions. So I already covered the exploit last week or a couple of weeks. Yeah, last week. I think it is to do with Cold Card. It was is to do with how the seed phrase is generated and it was a very low insecure entropy. You can go through the video last week if you want to have a bit more on that, or there's videos all around the Internet to help you understand this. But the interesting thing is that now the community is, you know, is going through everything, doing the open source due diligence. It looks like there was already historical wallet drains with Cold card already in 2022, and there was a 2022 Reddit case where it was explained and there was significant implications that those involved in Coldcard knew about this, ignored it, and the entropy bug timeline is being investigated. I've not reached a conclusion yet. I'm just looking through the incentives and letting you know that we will figure this out. The other thing is that the hack was just like Bitfinex. The hardest thing of a hack is spending the Bitcoin because the Bitcoin then sits in a wallet that everyone traces. So it's virtually impossible to spend, which is why the Bitcoin, the Bitfinex hack, bitcoin ended up being returned minus some rants and power structure as well. But these are bitcoins that were swept into an address that everyone's watching. So it's going to be very hard to spend them. So it means there's an alternative motive. Or they think they can spend those bitcoins somehow, which is how you get caught. It's very, very hard to steal Bitcoin at scale and not get caught. It's in fact virtually impossible, no matter how long it takes. So you can only leave them there. Which means why did the hack happen in the first place if it wasn't financial? I believe it was alternative motives, but we will investigate that as well. So researchers are now revisiting earlier thefts related to Coal Card. Larger estimated losses are happening at the moment. The attack still continues. You need to be off Coal Card. AI is accelerating its attack vector based upon this unique weakness of what looks like a bad actor right now. But the technical investigations continue as well. So AI is a counter force as well. And so we're entering into that AI war. But as I said, anyone Using cold cards. You need to move your coins, you need to move to a new environment and you need to study entropy because this is perfectly fixable. There's no issue with Bitcoin, there's no issue with those wallets that have high entropy. This was just code that was identified, exploited and allowed to persist and then exploited one week before this operation to determine how important nodes are in resisting against corporate interests. So there's lots of community theories and we'll continue to investigate them. But it looks like, and the question that they're asking is if Colcard knew, was it simply that they decided that they wanted to allow this to exist or was there a greater ulterior motive? Was this an insider job? Was this state and in my estimation
[42:40]
Interviewer/Host
the state is always used by the
[42:42]
Simon Dixon
military industrial complex and the financial industrial complex because Mick is subordinate to fic and so the timing is very suspicious. These are all questions worth asking. We don't have the answer yet. But we do know that tomorrow the bip110 hard fork or the bip110 implementation. Got to get the words right. It's not a hard fork yet is already is happening. I explained it. You can go to my blog on SimonDixon.com where I explained in very detail around the game theory, follow the money, the actors behind it, what I'm doing, why I'm doing it, at what point I stop, at what point I support. Right now I am in full support of demonstrating that node operators can resist against the financial industrial complex and the players that have been wrapped into the fig. And so I've already explained all of that. So what happens? What, what I think is most useful is explaining what happens tomorrow so that you can keep an eye on it. So this weekend we have what's called mandatory signaling. And so the miners right now, if they want, they can signal on whether they support BIP 110 or whether they're actually going to mine, you know, BIP 110. Now, there are different parts of the ecosystem that I want you to understand. There are the ASIC manufacturers which mainly manufactured in China. They rely upon companies in China and they rely upon semiconductor chips in Taiwan. They end up specifically equipment that is mined. Who for whoever wants to purchase them and mine Bitcoin. So the ones in America and China are like the biggest nodes. There's Russia, there's Iran, there's other places as well. But the most significant is the ones that are mined in China and in Russia and also in America. Now the American ones split into Public companies. And then you have big miners like Tether that plan to be the biggest
[44:56]
Interviewer/Host
miner because they're using the US debt
[44:58]
Simon Dixon
in order to build a large private bitcoin mining operation. So what happens right now is those miners then point their hash power, their asics, their electricity towards a mining pool. And a mining pool is pooling together lots of different miners. So there's miners all around the world, they point towards a pool and that pool gets to signal. Now it's mandatory signaling tomorrow. If the miners use a different type of software like a pool, like Ocean, which is the pool used and was developed by the same type of people behind BIP110, then the miners that are actually running their own mining, they get to signal and set the rules themselves. And this is kind of, you know, where it was a resistance against mining pools. Who are the largest mining pools? Well, Foundry is one of them. Ample F2 Paul and Paul. F2 Paul. They came from the Chinese bitcoin ecosystem. And Foundry is connected to Barry Silbert's digital currency group, who was the corporate conglomerate behind the big, the big block size in the New York agreement that happened in 2017. And then we met in Hong Kong with the miners, the developers and some of the corporate interests. And the New York agreement was, you know, basically what led to the resistance by node operators. It was called a user activated soft fork. So the importance is what happens, what does Foundry do, what does anpool do, what does F2 pool do? And also how many miners start using their own signaling? So the 2.6% that are might that are signaling from the miners for BIP110 right now is the current state of play. Right before last time in 2017 that held right until the last block. And then right until the last block when you had the activation, you got this massive spike in signaling from the miners. Now if they signal, then bitcoin continues as usual. So you know, that's, that's the, okay, we're, we're not entering into a more violent war type of thing. And so it's all upon the miners now currently they're signaling 2.6%. It has to get to 55, which really means what will foundry do, what will F2 pull do? And what will Apple do? And there are other players that can coordinate and play the game theory as well. The voluntary threshold, as I said historically has been like 95 in the block. In the, in the first block war it was 95. In this one, we need minor signaling of 55. That's the threshold at which we enter into this uninterrupted process. And so there's two scenarios from tomorrow. Scenario one is that the poor signal, if the poor signal when we get above 55%, then the, the network is united, it's uninterrupted. It means that activation path has already happened, it will be active and then there's a one year process, but the activation path continues, is uninterrupted. The community, the nodes and the miners agree and really nothing dramatic will happen if we get above 55%. There is a second scenario that can happen tomorrow and then I need to let you know what you can do. The second scenario is that we remain where we are, 2.6% activation and the miners refuse the rules that the nodes are signaling, you know, 20, 20% of the nodes are signaling that they want. Now remember, that's why there's that attack on the nodes to manipulate the numbers, because the nodes are signaling. It's the fastest increase in nodes that have decided, you know, that have, that are signaling and running knots as an alternative implementation to the core developers. So if they do this, then BIP110 nodes are effectively rejecting. They're rejecting what the miners are mining. So the nodes enforce the rules. The miners decide what blocks you know are mining the blocks and the pools get to signal, or in the case of ocean, they signal as well, which is why you've got this 2.6%. So if that stays exactly where we are, then it's up to, you know, then basically we're in a civil war. Now, a civil war is a dramatic term, but what happened during the last civil war is there are risks and so people should cease activity with their Bitcoin and they should just sit it out. At that stage you get a trading effort amongst exchanges, wallet providers and various other things that determine what is going to be Bitcoin. When people are contentious around this, this is how we resolve our civil wars, as per the rules of mass and code and the construct of this decentralized network. So if core followers are the majority hash, then we end up with a possible competing chain. This is what happens with Bitcoin cash. You end up with a competing chain. What you know you're going to get to a competing chain when I don't want to go too geeky, but they implement replay protection. That means that a transaction on one chain is either replayed or not replayed on another chain. It's a clear split when you have replay protection. At the moment we could end up in a scenario where there is a competing chain. What does that mean? Everyone that had the legacy bitcoin ends up with new bitcoin as well. Two coins. One of them, I've heard with replay protection becomes a shitcoin and goes off on its own direction. Or we solve the consensus and that is when the miners and the nodes through the rules of mass and code, settle how this is going to be done. And there is counter moves. I covered those. Now there wasn't a minor resisted soft fork. So this is happening tomorrow. Unless something happens. I don't think there will be, but there is that replay risk that's not been resolved yet.
[51:32]
Interviewer/Host
So.
[51:32]
Simon Dixon
So what this means is that typically exchanges require higher numbers of confirmations. In the last one, coinbase got really hit when there was no replay protection. I think this happened during the Ethereum hard fork as well. Coinbase ended up with a massive loss. And so exchanges will demand more and more confirmations because they got hit by that exchange sometimes pauses and they decide to cease trading while it's being resolved. Lightning might be cautious because the way it's constructed on layer two is if you have, you know, two channels and one is on one chain and one's on the other. This could be very confusing. I don't want to go too geeky, but anyway, caution prevails. Parts of the ecosystem decide where they're going to be. We enter into the game theory, the game is set and we end up stronger over the other side. And the, the last time we showed that nodes had power against corporate capture. And that's a very important thing to show here. So in terms of user guidance, here's what I just want you to know. Remember, there's the game, there's the civil war and there's you protecting yourself. If there is no split, if the signaling happens, everything's normal. You don't need to worry about yourself. You're just dealing with if you have exposure to cold card. As I said, it's a miracle that bitcoin price is like this incredibly strong relative to where we were this time last time in the Civil war. But if it splits, then my suggestions is make sure you have sorted out your cold card situation. If you're one of those 5,000 users that are exposed, make sure you have sort that that out now. Because once we move to this, if we end up in a split scenario, your job is to wait. You don't want to be moving coins. This is why I'm very suspicious about the coordination and the timing of this attack. You know, this is designed to Create maximum chaos if it were a coordinated attack. And what do they want you to do? They want you to take your coins, give them to Coinbase so that they can decide for you. You're taking nodes off the network. When you're trying to discourage self custody and running nodes, you're taking self custody and node operators that resist one vote against the power of Coinbase, BlackRock and Strategy. And you put them in Coinbase, you put them in Strategy, you put them in ibit, you know, and that's the idea. That's why they want to centralize the. So there's less to resist against. This is the attack vector. And so all these exchanges, they, you know, you'll, you'll see probably extra confirmation and so what will I do? I will be watching the exchanges. If we enter into this scenario, this can be avoided by the signaling happen. It's completely unnecessary. You know, the, this doesn't need to happen this way. And then we can go through the rules that are set. And as long as nodes can determine that they can resist against corporate capture, then the financial industrial complex has lost on their mission. So any anyway, like what happened this week and what happened next, the largest corporate Bitcoin holders, they all spoke out against bit 110 and asked the node operators to stand down. So they were asking. So this shows you now why if this didn't matter, would someone like Strategy even ask the community to stand out? It's because Strategy knows and they're trying to exert their influence over the bitcoin network and the at the same time as announcing that they're putting together budgets to fund developers. So then we have this attack, so we have an attack on nodes, an attack on, you know, the central or attack by the centralizing forces, which is the miners and the corporate interests that are also looking to fund the developers at the same time. So this could be at the government level, this could be the intelligence level, this could be the FIC level, it could be just a set of incentives. We don't know for sure. But the, you know, this is a, an important one for us to watch, for you to learn from. And we need to show that the defense actually prevails. Now I was on X basis this weekend and I was very surprised that people didn't know much about strategy and its background and its departments. I noticed that Staler was on Diary of a CEO this weekend or it came out this week rather. And many people don't even know that the defense contract and the intelligence division that exists within Strategy now This could be. As I said, this could be. You know, there's a department within Strategy, the company. I always talk about incentives. I never focus on characters and personalities and attacks. I just talk about incentives and I just talk about architecture and construct so I can try and remove some of the drama. And everyone wants to draw you into drama and debates and Jerry Springer and all that stuff. You ain't going to get me there. This is about understanding governance structure, incentives, networks, and how to remain complicit with the fic. When you have public companies, which is why they want more public companies. But Micro Strategy has government services. Some of its services were launched in 2022. And there is a member of the board. Let me get the name right. Karen Schieffer. If you have a Look her up, just look it up on AI. Karen Schieffer worked 26 years with the CIA. She's the director of Intelligence Programs and she was also in charge of National Security Council as well as. Listen to this. Managed Presidential Covert Action Programs. Covert Operations works within Strategy Strategy, the public company that is subordinate to FIC that sells intelligent software and has members on the board with 26 years experience
[58:30]
Interviewer/Host
in covert CIA operations.
[58:33]
Simon Dixon
She also represents. She's a representative to the FBI National Security Branch. Now. Okay, maybe just one. What about the other member, Tom Aiken? He's the former Acting Assistant Secretary of Defense. The Homeland. Sorry, yeah, part of the history in Homeland Defense. What about Sailor himself? Well, Sailor actually comes from a background. He was actually commissioned into the US Air Force himself. And so these are just the facts. These are just the circles, the networks involved in the largest corporate purchaser of bitcoin that owns 840,000. And as soon as we get to this stage, he starts launching, he starts talking on Diary of a CEO how he created debt instruments with AI. Now think through this. AI guides Michael Saylor how to create debt instruments, those debt instruments. He was talking about how he raised $15 billion from the thick the financial industrial complex, loading up a public company with debt. And then AI creates a product, according to Saylor, which then leads to commitments in dividends and debt repayments that decouple from the premium that the company once had over their Bitcoin asset value crashes the price of strc, which was their instrument, that pays fixed dividends that they can remove at any point. And then they have to start selling Bitcoin in order to pay dividends to the fic. So the FIC is receiving these dividends and any STRC holders while AI is telling them how to construct a product that raises 15 billions that makes it subordinate. That then leads to having to sell some of the bitcoin. And then now a budget is set by strategy with BlackRock in order to fund developers on security. While simultaneously there is operations that discourage self custody Bitcoin into custody. And where is strategy? Coinbase custodying that bitcoin with Coinbase and fidelity. Where is BlackRock custodying that Bitcoin with Coinbase? Where is the US government which is seizing bitcoins for their bitcoin strategic reserves via the Department of Justice, the same one that has these governmental contracts. Where are they holding their Bitcoin with Coinbase? So net effect coordinated or what? This is about trying to take out the nodes and our resistance to the FIC is the nodes and making it cheap for nodes to run. This has always been the battle. The divide and conquer is coming back again. And what do they want to do when they conquer? They want you to put your bitcoin in a public company so they can issue you a security and then BlackRock wants to tokenize it so you will own nothing and be happy. And when they rug pull your assets with the Flash crash just like they did to Binance on 10th of 1010 last year, then you end up getting margin called if you borrow against it. Which is Howard Lutnick's role as he brings more and more parts of the ecosystem into these treasury companies. And then you are issued, if you have no assets, a stablecoin and a central bank digital currency so that you
[62:13]
Interviewer/Host
will be happy
[62:17]
Simon Dixon
and AI will take a job at the same time. So understand the incentives and what the resistance is. This is a digital resistance. It's not digital credit, it's not digital whatever it is a digital resistance, one through self custody and nodes. So research yourself, you decide what that means. I just wanted to give you the context. It's not proof that this is an intelligence op, but you decide.
[62:52]
Interviewer/Host
Okay.
[62:53]
Simon Dixon
Anyway, what happened this week? Anyway, so Michael Staler goes on Diary of CEO, the second largest podcast in the world to discuss fake bitcoin over bitcoin. And we have this, you know, bip 110 side that's happening simultaneously and Michael Saylor decides to come out publicly on X and say that bip110 please stand down was his words. He made it out like this, you know that the nodes deciding what rules they want to enforce against the centralizing forces and the corporate interest that we should stand down in order to avoid a contentious fork, which is true. But this is what if, if the nodes aren't able, aren't able to resist against this, then what does that mean? And that's what we're going to find out over the next year or so. And of course Adam Back that was working with Counter Fitzgerald to create a bitcoin treasury company and likely roll in Blockstream that has a lot of controversy right now.
[64:06]
Interviewer/Host
And after we had, you know, the,
[64:09]
Simon Dixon
the revelations in the Epstein files around funding and remember many people think Adam Back was like around during satoshi time. Adam Back was catching up on Bitcoin in 2013. He launched Blockstream in 2014 to centralize many of the developers at the same time as Epstein working with Brock Pierce in order to facilitate investments into Blockstream. And there was a resistance out of
[64:38]
Interviewer/Host
that, which was, you know, Luke Dash
[64:42]
Simon Dixon
Jr. That was hired as an advisor to Blockstream that started, you know, also which is connected to BIP110. I covered these things in my blog. I don't want to go too deep, but anyway, of course Adam Back and Blockstream are opposed to this. And the bigger question is what is the real thing here? Who governs Bitcoin at the moment? The way that the, in the. That keeps us decentralized is the fact that nodes are able to resist, as I said. But is it developers? What happens if all developers can be captured? Will you create completing implementations? And when you create competing implementations, what if they get corrupted? Well, it's bitcoin improvement proposals and then they can't do it on their own because it is the miners that mine the blocks and it is the nodes that decide that enforce the rules. As long as that persists, the fit can do what they want and you can see the different things they are doing. But is it the developers? Is it the mining pools, Is it the ASIC owners? Or is it the node operators? And does that maintain? Because when you try and centralize all of them to the fic, then we don't have the resistance and it will be the big bitcoiners that decide what happens. Is it the ETF issuers at that point? Is it the corporate treasury companies at that point? Well, that is the battle. So don't fall for any of the covert operations. And this is at the highest level, you know, to think that we would create money outside the system and not have the highest level of power attack us all the way. Which is why I'm still here. You know, after all the people that dropped out, I'm still here after 15 years, I'm still giving content, I'm still trying to share that experience. I'm still trying to build the resistance and knocking my glasses off my face because I'm trying to help you remain sovereign while we fight for what is are one of our biggest tools of resistance to remain sovereign. So in closing watch what happens this weekend. I'll obviously report on it next weekend so watch what the what happens with treasury yields? Do we get a further blowout and what will be the reaction if yields continue to go up on the 10 year and the 30 year. Watch the yen. We need to see what happens. What is the intervention? How does it intersect with euro, the euro dollar? How does this intersect with the oil prices based upon the petrodollar? And how does this transition in the Japan carry trade? What does the Fed do? What does the ECB do? What does the bank of Japan do? Keep watching that. Also watch gold. Watch it as a percentage to how many central banks are holding U.S. treasuries in this transition. Watch the oil price at the moment. There's nothing is indicating to me when you put all that together that we're moving to World War 3. What is indicating to me is a movement towards multipolarity while building a a global control grid which has been my long term thesis and so watch bitcoin and we'll see what happens with the signaling and if we have over 55% signaling then we can watch bit 110 and and you know we end up with a peaceful transition or we enter into a civil war in which case your job is to make sure you fixed your coal card situation it if you're exposed get those bitcoin off cold card and then watch calmly. And if you end up with your coins in an exchange because of the the op remember protect yourself first that's very important. But if you end up in an exchange then you lose your ability to participate in this battle and you hand it over to the fi. Now as I said in order of importance your money if you need to get it over to the FIC then don't participate in this. If you can get it over beforehand then you can participate in this. But I don't want you to. I do want you to rush out a cold card if you still got money there. But I don't want you to rush end up on an exchange and then make a silly mistake while you're setting up your secure environment. You have to take time with that. Just accept there are many other people on this battle, there's enough of us and you can come back and join us on another day. But if you lose your bitcoin, then you're out of the battle. It's better to keep your bitcoin and
[69:24]
Interviewer/Host
then come back and fight with us
[69:25]
Simon Dixon
another day if that's your only choice. Otherwise join us on the battle.
[69:31]
Interviewer/Host
You know, run your node, continue in
[69:33]
Simon Dixon
self custody and use this as an opportunity to explore those things you wanted to explore, like multi six rolling dice for entropy and everything you should be doing as you want to build your sovereign protection from these attack vectors. So of course I'll be watching the mining pools, that's the most important thing. And then if the mining pools don't signal, I'll be watching the exchanges. So in summary, five transitions all coming to a historical point this week. The petrodollar, the euro dollar, the Japan carry, trademark gold and bitcoin. So my final question, are policymakers managing a transition into a new monetary order? Are these covert operations? Are these over operations? And who controls the policymakers? Follow the money. I'm on chapter 20 now of my book Game of Money to help you understand how to read all these parameters and most importantly how to build a sovereign plan so that you can manage a transition from any subordination to sovereign vectors. It's not a bitcoin book, it's a sovereign book.
[70:46]
Interviewer/Host
Interestingly, just to give you a little
[70:48]
Simon Dixon
bit of an update, I was writing chapter 19 and one of the sovereign assets is on. Sovereign assets is bitcoin one of the three. And as I was writing it, I was going through some of these operations just so you could understand it. I was trying to do it high level overview. But every time I saw an operation, I remembered another operation, then another operation, then another operation. And what I decided to do actually evolved, one chapter evolved into an entire book. And what I asked AI to do is as I was writing it, I asked it to pull it all out. And actually I'm going to create an entire so I don't clut the the sovereign book because it's on money in general and you know, bitcoin's only one part of one chapter, but I asked it to do another book and create another one chapters on all the different operations within the bitcoin space from things I've never shared, things I've never told.
[71:45]
Interviewer/Host
And so I'm going to follow it
[71:47]
Simon Dixon
up with another book as well after that. So anyway, are these isolated responses to separate, you know, market stresses or is there something more coordinated here? As I've always said, it doesn't really matter. Follow the money and the incentives can drive it. And who controls the capital at the top is the asset managers. And so we follow the capital in order to figure out how to get ahead. And so with that in mind, that's everything I'm going to be covering in part one. So now we're going to move over to part two. In part two, it was my interview with Daniel Esterlin. I came on his channel and the topic that we talked about was from the American empire to the technocratic control grid. So I hope you enjoyed the interview. Always remember, you are alive at one of the most interesting and exciting times in financial history. It's going to be very good for some, very bad for others, and I want you to be on the right side of that change. Now, if you enjoyed this content, just before we go to the interview, there's a few resources and things that you can do. Firstly, about 70, 26% of the people that watch my videos from the last month are not subscribers. So please become a subscriber if you're new. I cover this every Friday to make sure you're up to date. I make sure there's no sponsorship, no upsell business model, no monetization, no adverts, you know, just, just content so that you can join us on this journey and remain more sovereign. If you want more people to have this content, please share it. Please like it. Please put a comment in the comments and that will, you know, that will really help us get our message out to more people because we rely upon that. There are other ways in which you can support us as well, which is that if you head over to Rumble and follow me over there, if YouTube ever takes me out, we're going to be streaming over there. I need to make sure that our resistance against any takeout from YouTube is as strong as possible. So please follow. Also, if you're not following me on X at Simon Dixon Twits, we can
[73:53]
Interviewer/Host
stream over there as well.
[73:56]
Simon Dixon
We also make sure that if you prefer watching this bit by bit by download, you can follow. You can, you can follow on Apple Podcasts and Spotify, but on SimonDixon.com that is the environment we control. And so we give. We have a free membership portal over there. You can also give feedback. You can get free copies of my previous books as a digital download. You can get content that we preserved over there. You can even interact with the community, give a comment of things you'd like me to cover in future episodes, or even what you'd like me to cover in my book and future books as well. But you can do that by becoming a member of SimonDixon.com all it requires is a username and a password. And as I said, there's no sponsorship, there's no upsell, there's no alternative agenda, there's just content and a resource. If everything we get completely taken out, then that's our hub and that's where I'll be streaming on webinars exclusively. Also, if we get shadow banned, it means I can still email you and once what we do is once a week on a Friday, we email you the updates and make sure you're aware and then we give you a summary on a Monday or Tuesday in case you missed it. And that's all we do, content and making sure you're aware of the resources. So if you would like to make sure that you don't miss a thing on this journey and you would like to participate in this open source movement from subordinate to sovereign, then please engage in any of those mediums and join the newsletter on SimonDixon.com and create a membership for yourself. So with that in mind, let's. I hope you enjoy the interview in part two. So let's transition over there right now. I'll see you this time next week. For Simon Dixon Hard Talk Live peace. From the American empire to the technocratic control grid. I think we're all feeling it. We can feel something and sense something in the air. We can feel the surveillance coming. It's getting more and more intrusive with AI, but it's also an opportunity for us to remain sovereign. How do we deal with it? Well, I was invited onto a podcast with Daniel Etzelin and he asked me, where did this come from? It started with the Dutch Empire, moved over to the British Empire and people think that Trump's taken on some European banking cabal, which, or maybe it's the city of London that's still in charge. What if it's a greater force? Well, we sat down to discuss that and once you know that, you can
[76:40]
Interviewer/Host
then figure out how to protect yourself
[76:42]
Simon Dixon
because it's coming and it's coming. This interview is going to be played right after Feiming Dixon Parkour flight.
[76:58]
Daniel Estrilan
Good afternoon, ladies and gentlemen. Thanks so much for joining us. Daniel Estrilan and welcome to westchulin Media. So for decades we've been taught to understand the world through a familiar lens. We follow elections, wars, economic crisis, diplomatic summits, the rise and fall of political leaders. And so every day we're told who won, who lost, who gained political influence, who is in decline. But what if those are not the real. It's not the real story? One of these events are merely the visible surface of a much larger, much deeper transformation, one that is reshaping the very foundation of the international system. Because today's world is undergoing one of the most profound transitions since the end of World War II, the institutions that defined post 1945 order are under unprecedented pressure. The balance between military power, financial power, technological power is shifting before our eyes. Artificial intelligence is becoming a strategic asset. Financial markets increasingly influence government. Silicon Valley is moving even closer to Washington. The Middle east is being reorganized. Europe is searching for a new identity. And so beneath it all lies a fundamental question. Who will shape the architecture of the next world order? And so, to explore these questions, I'm joined by someone who spent years analyzing the intersection of finance, geopolitics, technology from a perspective that often challenges conventional thinking. Simon Dixon is one of the world's best known macro investors and financial analysts. And over the years, I've been following for many, many years, he has developed a framework that connects monetary policy, sovereign debt, capital markets, and official intelligence, Bitcoin geopolitical strategy into this kind of a single analytical model. Whether you agree with all of his and our conclusions or not, his work forces us to ask deeper questions about how power actually works in the 21st century. So today we're going to move beyond the headlines. We're not here to debate personalities or daily political events. I couldn't care less about that. Instead, we will examine the structures that shape those events. Because in the post world international order, it's obviously coming to an end. That's one of the questions we're going to discuss. US Is military power giving way to technological power? Has Europe entered a period of managed decline? What role will Donald Trump play in America's transformation? Is the Middle east becoming the center of a new geopolitical architecture? And perhaps the most important question of all, what does all of this mean for the future of our civilization? Simon, thanks so much for your time. Welcome back to our show. It's a pleasure to have you with us again.
[79:40]
Interviewer/Host
All right, thank you so much for having me. Yeah, I think it's worth kind of shaping a bit of the world as we were used to. So we were really understand the world in terms of a nation state being a power with a competing power or a rising power. And those nation states tend to find they tend to fight military battles, financial warfare, or technical supremacy, depending on what the technology is. Now it's AI and robotics. Previously it was farming or some kind of technology around something that would fundamentally change and give a competitive edge. In the case of the British and the Dutch empires, which were the previous two empires, it was naval fleets and it was financial engineering. And so the Dutch Empire, they created a, a structure. One was the Amsterdam Central bank whose job was to socialize losses and privatize gains. A government whose job was to take on the debt through the bond market, and a private limited company called the Dutch East India Company whose job was to privatize all the profits. And so you had the government take on the debt and the company take on the profits. And the central bank was the vehicle for obfuscating that reality through fiat currencies. Now in the Dutch Empire, the Dutch gilter was backed by gold. And so there was an inbuilt mechanism for holding back money printing to make sure it doesn't destroy your value. That was the Dutch Empire and they built the largest naval fleet in the world. And then they outsourced the labor to the Brits. And then the Brits replicated the whole structure. But this time they created the bank of England, the British East India Company and the UK government built the largest naval fleet so that the British East India Company could steal the world's resources, use it for the profits of the British Empire and build a global colony. When they bankrupted the UK government and they were unable to exert force because the colonies got too complicated, there was a managed transition over to the American Empire. This time the American Empire had significant resources itself. And so the Europeans colonized and took over the land, genocided the ethnics and locals. And then you ended up with a new class of people that resisted against the Brits. But really was it sovereign autonomous control or was it actually the financial layers that controlled the Dutch Empire? The British Empire also ended up controlling the American empire after their independence. And we're about to celebrate, you know, the 250 years of that.
[82:58]
Daniel Estrilan
Let's talk about, let's talk about Europe and the control dismantling of the continent. I don't want to ask you about whether Europe is declined. I think that's obvious to everyone. What I want to understand is something much deeper. Is Europe simply failing or is it being systematically restructured? In other words, are we witnessing collapse or are we witnessing a controlled collapse, dismantling or demolition of the post war European model?
[83:26]
Interviewer/Host
Yeah, so if you look at those Dutch, British, American, you hit a phase where the currency can no longer sustain what I call the heightened asset stripping phase. And so once you've loaded up the Government with so much debt and you bank effectively not quite bankrupted it, but you get it ready for a debt restructuring, you then need to move on and you continue to strip assets. So financial power continues to strip assets. So if you look at the Dutch Empire, even today, they're at the final stage of asset stripping after all these centuries, because now they're even implementing unrealized taxes as we speak. And so unrealized taxes is where all of the wealthy people leave that have the assets, that decreases the tax revenue. Those that are suffering from inflation end up having to sell their assets. Plus, if you can't get them to sell their assets, you charge tax on it. Where they have to either do two things. They either have to borrow against their asset, in which case they take on more debt, assume more debt with this financial industrial complex, or, or they end up selling the assets, that crashes the assets so that transnational capital can sweep up the assets with private equity, or they can refinance your debt and send you deeper into debt. That's the final stage of asset stripping, as it were. If you look at the Brits, you put them through decades and decades of the average interest on their debt is higher than the growth rate of the country. That means you're becoming more and more subordinate to financial. You're borrowing more and more from bondholders. And when you borrow more and more from bondholders, bondholders have more political control over the government through lobby and then they can redirect the capital into the stock market. And so you end up with the stock market running away from the economy. That's the situation with Britain right now. So the Dutch Empire is being asset stripped in the final stage. The British Empire is just about to go through its IMF bailout, austerity, reduction of benefits, civil unrest campaign. And the American empire is further along that cycle. They're at the stage where they're taking all of the debt, which is the bond market, pushing all of it into the stock market. So you're getting massive stock market valuations, massive wealth concentration, and then you then eventually go to later the asset stripping. But what you do is you set up a new empire in the meantime. So what does that empire look like? Three things, very briefly, and we can dive wherever you want. One of them is you concentrate power in your sphere of influence, which is Europe. And so you slowly asset strip Europe into the US stock market and various other stock markets. The other thing you do is you use what assets you have left in order to negotiate leverage into the new world order. And you Take your capital markets and you slowly exert capital out in line with the new empire. What we're looking at right now is the complete hollowing out of Europe and asset stripping it into the stock market. Then you've got a transition to set up multipolar spheres of influence. And at the same time, knowing that this can create a lot of civil unrest because there's not a natural progression. The Europeans and the Americans always had this natural progression where they were able to coordinate. In a multipolar world, you have competing factions of power, whether it be China, which is a nationalist government, or whether it be energy companies that have managed to preserve their sovereign wealth into a sovereign wealth fund. Energy countries, rather, these are competing factions of power. So you try to use the assets that you have, that is AI, robotics, military power, financial capital, and build influence globally into a multipolar world. So, and then you negotiate this one. Well, what I think the technology is trying to do is recognizing, okay, China, you are the rising power. America, we're private asset stripped. We got the whole west into the stock market. Let's build one global AI, technocratic control grid and digital control grid and divvy up the world into multipolarity controlled by one, one control, technocratic, kind of privatized partnership with the Chinese Communist Party.
[88:30]
Daniel Estrilan
So let me ask you this. Speaking of the financial dimension, you are one of the people actually who argues that financial markets ultimately discipline governments. So is Europe increasingly governed through debt markets rather than democratic politics? Has sovereign debt, in other words, become the mechanism through which national sovereignty is quietly transferred elsewhere?
[88:55]
Interviewer/Host
Yeah. So when I think of power and when I look through these empires from Dutch, British to American, you'll notice the dominant force, the dominant power in a capitalist economy. And this is not the traditional definition of capitalism, because capitalism would require a free market where capital competes. When you have a central bank that determines the price of capital, then you don't have capitalism. And when you have a government that can assume the debt, what you end up with is socialism for the wealthy because they get bailed out, socialize the losses, and privatize the gains. And capitalism for the poor, they have to compete, but they can't compete because they get the highest interest rate. If you think of you're at the bottom of the chain and you're on payday loans and credit cards to survive, you're paying the highest interest rate. Whereas if you're a bank, you're actually creating money every time you issue a loan. So you actually get free money. And so if you go along that spectrum, you got companies, the larger the company, like say Apple, they can borrow on the debt capital markets at a cheaper rate. A country and then a country like America, if you want to borrow for a month, then you pay a lower interest rate. If you want to borrow for 30 years, then you're paying a higher interest rate. But when that is determined via a central bank, then you no longer have capitalism. And so we have this distorted reality. But in effect, individuals are controlled by their access to capital and the interest on their debt, which is what determines whether they can use that debt in order to invest in assets. And then those assets outperform the money printing and the inflation. And if you get that wrong, if you use your debt in order to consume and purchase goods, then you just end up getting poorer and poorer and poorer as the rich get richer and richer and richer. And then all the assets, at the end of the, the cycle, where we are in America right Now, you have 92% of stock market value, which are held by 10% of institutions and wealthy individuals. Capital is what determines. And you can look at that, that's at the individual level, it's mortgages, credit cards, everything. Then you look at the corporate level. Your ability to go public, sell your shares gives you access to debt capital markets. And so debt is a subordination vehicle. And then at the sovereign country level, the bondholders dictate the bond vigilantes, they have the ability to destroy your currency, to force you to print currency in order to pay a debt priced in another currency. Or they can basically lobby in order to buy the politicians. And so when financial power, and one thing that happens in investment banking, and I used to work in investment banking, is you turn all the businesses into products, you load them up with debt, you get voting rights and then you install your own board. And then the executives now work for you. And so they work for your bonds, your equity, voting rights and your board that you install. And so then as this happens, as you take more and more companies public, you subordinate more and more companies where their net worth is dependent upon you giving access to capital and defending their share price. So this complex, as it were, this financial industrial complex, I call it, which consists of asset managers, investment banks, private equity, Silicon Valley, you know, banks that create fiat currency, they act as a complex and in my estimation most governments, in the extreme case, you take all Europe, Canada, Australia, us, uk, Canada, they're all subordinate to transnational capital and the financial industrial complex. Then you've got on the other extreme, the Chinese Communist Party in China, where capital is now allowed to control the government. And so all companies are subordinate to the government and you get more authoritarian type of structure. And then you have a hybrid where a country like Saudi, let's say, and even Iran in this case, they keep their resources, they take those resources and they put it in a sovereign wealth fund and then they can partner with this financial industrial complex to co invest and that buys them influence to try and keep out the FIC and the Jekylls, I'll call it fic Financial Industrial Complex, from their country. And those are the battles. One sovereign country, which is China, a bunch of countries which have sovereign wealth funds which had to co invest and co op FIC in order to keep the Jekylls out from regime changing them and taking them over. And in countries which have neoliberal globalized financial capital markets which are fully subordinate to the financial industrial complex and the governments work for them. Every politician has to go up a ladder of securing capital from the lobby, providing value to the lobby, and then eventually being in a compromise network like Jeffrey Epstein, if you want to go all the way to the top like Trump.
[94:44]
Daniel Estrilan
Simon, I wanted to ask you a question from a vantage point of where are we? So history offers many examples of great civilizations that slowly lost economic vitality before losing political influence. Which historical period best resembles Europe today? Are we talking about the late Roman Empire? The decline of Venice? The British Empire after World War II? Or is today's transformation historically unprecedented?
[95:12]
Interviewer/Host
Interesting. I would just call Europe at this stage a fully subordinate vehicle. Like all of the politicians work for a faction of power. Let's take UK right now, for example. Sorry. And then I'll bring it back.
[95:27]
Daniel Estrilan
Actually, I do want to talk to you about uk. Yeah, I want to do a segment on UK and the British royal family.
[95:33]
Interviewer/Host
Yeah. But right now, if you look at. We've had seven regime changes in 10 years. We just had another regime change. Let's just look at the. Not, you know, the.
[95:42]
Daniel Estrilan
So people understand. Sorry to interrupt you. So that people who are watching us understand. We're not talking about regime change, something like Gaddafi. We're talking about one prime minister leaving and someone else comes in in his place. Go ahead.
[95:55]
Interviewer/Host
Well, I call it regime changes because I think democracies are fake. I think politicians are selected, not elected, obviously. And so I like to put everything on a fair language ground. Even the Federal Reserve was recently regime changed with Kevin Walsh by the banks that wanted him in. They pretend it's Trump. They pretend it's the politician. The politician is just a Battering ram for the public. Their job is to do what their lobby wants them to do. It's a regime. They're paid like they're paid for rent, prostitutes, for financial power, technical power, big pharma, military power, whoever's willing to pay the most. And their job is to do what they are meant to do, for what they were paid to do, but create a narrative that makes them think they work for the people. And slowly, when the people realize that they're not doing what they elected them for, they get regime changed and someone else is selected. And they're selected based upon how much they're paid by that lobby. So if you look back at the uk, you had. Let's start with Boris Johnson. Boris Johnson was there to implement lockdowns and create a narrative that would justify the lockdowns. That was his main purpose for a World Economic Forum agenda. His job was also to later make sure that Russia and Ukraine never sign a peace deal for the military industrial complex and get in the way of any thought of peace. Now then, he was regime change. So maybe he didn't serve power. Or you just keep rolling them over once they serve their agenda and suddenly we get ex Goldman Sachs guy Rishi Sunak and suddenly you get a shameful exit. So that's the leverage that they have over the politician. But then they leave and they carry on working for the same power as a private contractor, Tony Blair, all this time. Again, what did Rishi Sunak do? Well, he was, through his family office, the larger investor in the company that was producing all the vaccines. And so he was a massive investor in vaccines. So his job was to make sure that everyone gets vaccinated, they make a load of profit, then later the share price collapses, he leaves in shame. They do a regime change. Suddenly we get Liz Truss. Liz Truss does a policy that doesn't make financial sense to the bank of England. She gets regime changed in a couple of weeks and the bank of England and the BOD vigilante say, no, we're not going down that path. Then suddenly we get Keir Starmer. Who's Keir Starmer? Well, he was a military contractor. What was he involved when he was part of the case of taking down Julian Assange that was exposing the Iraq war and all the crimes against humanity, exposing the military industrial complex and all the crimes they commit and the money laundering operations. And so Keir Starmer made him out like he was a sex offender and tried to take him down because he was posting all this stuff on WikiLeaks. WikiLeaks funded by Bitcoin. And then there was a structure where were internal whistleblowers in the military that are exposing all these things. And so now Keir Starmer, what's his biggest contribution? He just got regime changed. But what was his biggest contribution? It was to pretend that the British people are defending democracy while the bank of England prints money. They launder it through to Ukraine. Ukraine, corrupt politicians that were installed like Zelensky and installed and manufactured by the CIA create a narrative to get Europe to print money, to get America to print money. And then they siphon it back into Lockheed Martin, General Dynamic, Raytheon, BAE Systems, Palantir. And they provide a technical integration testbed for integrating drones with artificial intelligence. And they'll keep that on until the last Ukrainian. And they can try and agitate. There was a CIA op in order to agitate Russia in 2014 when they did a regime change that led to the installation of Zelenskyy. So all this to say, I think regime is the appropriate word because we don't have democracies. If you want to engage in politics, then you need to buy politicians point blank. That's what Peter Thiel does. He manufactured J.D. vance. Look at Trump. He was paid for by Elon Musk, then the bank of New York Mellon family Peter Thiel and he was also paid for by Mariam Adelson, which is the Israel stuff. But what about on top of that, there was $5 billion Affinity Partners venture capital fund to invest in the reconstruction of the Middle east. And that was managed by Jared Kushner with $2 billion investment from Saudi that required going to war with Iran in order to create the destruction that the fund would profit from. And so then if you want, we can look through his policies. I can tell you who paid for each policy.
[101:15]
Daniel Estrilan
I was actually going to ask you something else because again, you talked about the regime change. You have six or seven regime changes. And I totally agree with you with the terminology in Britain. But my question is why Britain? Why has it become such an important testing ground? I mean, it could have been another country, it could have been France, it could have been Germany, it could have been Spain or Italy. We're seeing an attempt on regime change in Spain right now. But why did it all start with
[101:37]
Interviewer/Host
Britain, all of the above, this same operation? What do you think the European Union was? The European Union was a regime change. It was to centralize, with the exception of the bank of England, all of the currencies into the European Central Bank. Once you've Got one unified monetary policy. You can slowly move to a fiscal policy union through financial crisis and then you can fix it with a capital market union. And then you have one European stock market. All of these are concentration power. Where did the European Union project come from? It came from the bank for International Settlements.
[102:14]
Daniel Estrilan
Right?
[102:14]
Interviewer/Host
The bank for International Settlements that was set up in order to destroy the German economy, manage reparations after World War I so that you could give Germany massive gold debt. And the only way they could pay it is by printing their own currency. So they printed their own currency post World War I in order to pay the gold through these reparations. Which led to the Volmar Republic which led to such a distressed economy hyperinflationary cycle, that it had a nationalist uprising called National Socialism, AKA Hitler and Nazism, which arrested the Rothschilds and created their own monetary policy. But then was eventually regime changed by the bank for International Settlements again leading to the post World War II Empire which was the creation of the IMF and the World Bank. And so the European Union was a construct of this for centralizing. So why England? Well, England, you know, you had the Dutch Empire that was rolled up into Europe. But the bank of England maintained its own currency. The reason for that is because City of London is a separate jurisdiction to the uk and that separate jurisdiction has the one square mile with all these banks. The bank of England and the financial industrial complex keynotes they have major markets in terms of derivatives, FX markets. They used to be more dominant in investment banking, but now it's mainly fx. And they've also got Lloyds of London in the insurance markets. The remnants of the financial industrial complex is in Switzerland, is in Amsterdam. But they didn't have their separate jurisdiction. So if you look at Switzerland, the Bank for International Settlements has its own police, its own law, its own jurisdiction, its own army. The City of London has the same. And then you have the Vatican which has the same and Vatican Bank. And then you have the Federal Reserve System which ties into the bank for International Settlement system. And so UK needed that independent City of London. So they asset strip the country the economy and they concentrate all wealth into the stock market. And they maintain their derivative and currency war manipulation. They were involved with Scott Bessant in destroying the Iranian currency before the closure of the Strait of Hormuz. They had Mossad in there doing the shootings, which Lindsey Graham was very proud of. We had Scott Bessant say that we launched Operation Economic Fury, which was effectively to destroy the currency for all the savers in Iran.
[105:08]
Daniel Estrilan
And they're very open.
[105:09]
Interviewer/Host
They would then be shot at by Mossad uprise, come against the IRGC and then create the agitation for the war and everything that led to the closure of the Strait of Hormis.
[105:21]
Daniel Estrilan
Simon, a lot of people focus on the British politics, the regime change, European Union, United States, Donald Trump, very few actually talking about the role of the British monarchy, which has over long periods of time has survived empires, world wars, decolonization, multiple constitutional crisis. So let's talk about that. As Britain enters what you believe is a, a period of profound restructuring, what role does the royal family actually play?
[105:52]
Interviewer/Host
It's an interesting question and I could never prove it to you categorically.
[105:57]
Daniel Estrilan
We don't need to. This is from a high vantage, theoretical point of view.
[106:01]
Interviewer/Host
Okay, here's my view. And some people might disagree. Some people believe that there's like an old establishment British monarchy and someone like Trump is taking on the monarchy and coming against, like protecting the American constitution against this financial industrial complex. And it's a bit like you have a useful narrative. You also have one of those for Israel, right? You make it look like Israel rules the world, but Israel is a node for the military. And when America wants to stop Israel, they stop them. But they want them to think that Israel rules the world because then you have plausible deniability. So that when you want to commit crimes against humanity, genocide, ethnic cleansing, you blame it on the Jews, technology, you say it was them, it wasn't us. And we were blackmailed by Epstein. When Epstein works for military and financial powers, he was a node in the fic. Now, the Epstein files don't point to Lex Wexner and JP Morgan and Jamie Dimon. The people that control them, they've settled. They've already settled. But the people they want to take out, like a node in the royal family, like Prince Andrew, then you can just reveal that when they're no longer a useful asset. And so some people believe that the British monarchy is on the top of the chain. I do believe that they have the remnants of the British East India Company still structured into the asset structure of the British royal family, which, if you don't know, we weren't making all of that money out of tea from India. We were making all that money out of creating drugs and opium and surrounding it by tea and then getting the Chinese addicted to opium and then raiding them and stealing all their silver and stealing all the India's gold. Definitely the British East India Company, there's not that much money in tea. There's a lot of money in drugs. And so those drug trafficking routes still exist via MI6, CIA, Mossad, and they involve certain jurisdictions, keynotes like Hong Kong and uae. And those are connected to, if you look at the deep, what we call the deep State, they're funded by human trafficking, sex trafficking, weapons trafficking, drug trafficking, and all the crimes that partner with the cartels.
[108:28]
Daniel Estrilan
And.
[108:28]
Interviewer/Host
And they give them the necessary protection because they fund the black OP operations of MI6, CIA and Mossad, which are then used in order to manufacture the wars that the military industrial complex profits from and are financed by the financial industrial complex and leads to the technological innovation. Because if you look at all America's technology, America's famous for its technology. Every single piece of that technology was innovated originally by Pentagon budgets for killing people. And then they privatize it through a private public partnership, which is why you get all these companies that are CIA, DARPA, funded in Q Tel, the CIA venture capital arm, and then they create a lovely story about how this entrepreneur made it in a garage. And then suddenly you manufacture an entrepreneur that is subordinate to FIC like Elon Musk, that's dependent upon continued military funding, and you privatize all those profits for the shareholders. It's just a money laundering mechanism for taking the national debt of the country and siphoning it through to the private corporate interests so then they can control more and more capital. And then with that capital control, you can exert more influence over more and more governments globally and interfere in their politics. So taking that full circle, Keir Starmer worked for Larry Fink, Lockheed Martin, general dynamic. He doesn't work for the monarchy because the monarchy has kind of taken many of those assets, put it in offshore trust structures. And those offshore trust structures are the key shareholders in blackrock, State Street, Vanguard, all of the financial infrastructure. They're all public companies. And now they've been concentrated up into the asset managers. And then the shareholders of the asset managers are obfuscated via a lot of these private family office trust structures hosted in Cayman Islands and BVI and Isle of Man and every other thing.
[110:37]
Daniel Estrilan
Simon, there's another thing I want to talk to you about. The trend of over the past two decades, more or less, we've seen a number of prominent members of the British aristocracy in general, not only the royal family, diplomatic circles, establishment in general, embrace Islam. Now, some dismiss this as kind of an isolated personal decisions, but there are others who believe that it reflects a much deeper civilizational shift. Do you see a pattern emerging or are people reading too much into all of this stuff.
[111:09]
Interviewer/Host
Yeah. So these are psychological operations, they're psyops. So when you're asset strip in a country, you create severe wealth inequality. When you create severe wealth inequality, you end up with the situation that we're in in the uk, Europe, America, Canada, Australia, South Korea, Japan, where you have record low birth rates. And record low birth rates means you're becoming extinct.
[111:37]
Daniel Estrilan
Look at Russia for example.
[111:39]
Interviewer/Host
Exactly. Yes. And so why does that happen? Well, when you have severe wealth inequality, people start to think they can't afford children. You then use psychological operations that create record high suicide rates, people fighting in these wars that then Julian Assange reveals they had to kill a million civilians, that brings people back and then they end up homeless. Post traumatic disorder, you know, traumatic syndrome. Sorry, I'm not saying the right word, but you know what I mean, ptsd. That's what I was trying to say.
[112:11]
Daniel Estrilan
Post Traumatic stress disorder. Yeah.
[112:13]
Interviewer/Host
Addicted to drugs and on alcohol. And so all of those matrix are at the highest level across Europe, uk, America, right now we're looking more and more like the Valmar Republic. This is record degeneracy, this is what it looked like. And so when you have those situations and you have a pension crisis, it means that you've got a demographic issue. That demographic issue is that you've got these unproductive, debt laden people, you've maxed them out on their credit cards, their mortgages, everything. And they're not contributing the amount of tax that's needed in order to pay for those that are about to retire. So you either find a way of reducing the population of retirees Covid, or you find a way of changing the demographics. And so you meet that through immigration. And it's quite a simple thing. You're just trying to bring in taxpayers. Now when you're at the asset stripping phase, you can also use it as a psyop. So because you want them to blame the politicians and the immigrants, you manufacture a narrative by control of media to make people into the most extreme version of themselves. So imagine you're a white British person. Your life is getting worse and worse and worse. You're finding it harder and harder to get by. Your wife has to work, your children have to work, you're feeling demasculated, you don't feel like you're able to provide for your family. And you look around and you feel like everything's getting worse and worse and worse. Well, you need an other to blame. The first thing you do is you say Keir Starmer.
[114:01]
Simon Dixon
It's You.
[114:01]
Interviewer/Host
So they're the battering ram, right, to take you away from who's actually doing this. And then the immigrant is the other one. And what you can do is you can use algorithms in order to radicalize people further and further and further. So you can show them video clips of everyone started praying in a particular area of London, and you make it look like the entire country is being taken over by Muslims. You obfuscate. You then do operations like if you look at Safari Club was the covert operation that was created by the Bush administration. They groomed Osama bin Laden, they regime changed Saudi Arabia and assassinated King Faisal. And then they did again, you say on YouTube, I've got significant evidence that 911 was done by CIA, Mossad and Saudi intelligence. And so they do this. That was to justify all the wars and to radicalize. So let me just bring this back down. There are psychological operations, and if you think this is extreme, here's an extreme thought. If you don't think they do this today, then this would be the first time in human history that power hasn't weaponized religion in order to recruit armies.
[115:17]
Daniel Estrilan
Absolutely.
[115:17]
Interviewer/Host
To be able to create wars. And if you look at Israel as a classic example, Israel created by the Rothschilds and the British monarchy via the Balfour direction during World War I, not World War II. There was no. This wasn't a reaction to the Holocaust. This was created before the Holocaust. And it was because the British Empire needed oil in the Middle east, and so they needed to destabilize. So they worked with the Rothschild family that partnered with the Zionists, and they manufactured a fake narrative. And that fake narrative was to get population growth to move to Palestine in order to recruit an army, radicalize them, and destabilize the region. So they. They weaponized the Jewish faith in order to radicalize Jews, build up the idf. And then they started creating training camps for groups like ISIS and Al Qaeda where you could create the war, kill people's families, torture them, put them in Guantanamo Bay, and then get them to recruit another militia army that you could use in order to divide and conquer the region. And then what did they do? They rewrote the Bible in 1917 and said that the prophet Israel, which was a representation of Abraham, represented the country Israel. And now you've got across America, a massive amount of radicalized evangelical Christians who believe they need to protect the country of Israel in order to fulfill the return of Jesus and the Messiah. But if you look back, look back at all history, what did the people that created America now Look at, if you look at pre Columbian times, it was believed that the highest consensus, there were 100 million natives on the land that we now call America. If you look at the first census they did, there was 250,000. How do you persuade a group of people to take 100 million population to 250,000? You radicalize them into believing they're doing it for God. And so they were escaping British persecution, allegedly in a mission for God in order to deliver their land that they thought was for religious reason. Every single war and army have always weaponized faith in order to radicalize a group, to justify how you recruit an army to commit crimes against humanity. And the latest ones are the idf.
[117:56]
Daniel Estrilan
Simon, there is the flip side to what we're talking about. In other words, throughout history, elites have often anticipated geopolitical changes long before the general public. For example, they've invested in new trade routes before empire shifted, they learned new languages before new markets emerged. Is it possible? Again, we're theorizing that some segments of the British establishment view engagement with Islam not merely as a religious choice, but as preparation for a changing geopolitical landscape.
[118:33]
Interviewer/Host
So I think there's two things, two separate ops. One is you can use immigration in the west to divide and conquer, to fuel racial tensions, religious tensions, deliberately, by algorithm, through your, through your social credit score. And then you can use that to take the technology that was tested in Muslim countries like Palestine and bring it home and build a police and surveillance state. And so if you look at open border, closed border, that was clearly not Trump versus Biden. That was clearly a uni party policy of have open borders and then bring in ice, develop the privatized prison industry, develop the deportation industry, build the police and surveillance state, and then bring Palantir in. And then you lead, you have someone like Trump that delivers a narrative that they're doing stuff to your children and all that stuff. Now, you can make some of that true. They could deliberately bring in criminals from around the world to radicalize that theory. Like they're not beyond this. These are the same people that have been killing hundreds of millions of people all around the world in order to acquire resources and regime change governments. These are the same powers. They don't have that type of agenda. Now, the other thing is, let's look at that. So that's the technical industrial complex, the military industrial complex needs that to justify war. So they 9, 11, then you had Libya war, Sudan war, Somalia, Iraq, Lebanon, you know, Sudan, Syria, and now Iran. And so that narrative was needed to radicalize the Americans into believing that this whole terrorism stuff that America and the Brits manufactured deliberately, they manufactured this, they want this, it's part of the plan. Okay, now that's one thing. Then you have the other thing that is very interesting if you look at the case of the UK. So 6% of the population is Muslim. The largest demographic of immigrants is actually Nigerians which are predominantly Christian, some Muslim Nigerians and Chinese which are in general atheist and Indian which are in general Hindu with some Muslims. But they focus on the Muslims in order to have a tool and a weapon because that weapon was built over decades from 911 and prior to 9 11. That's when Al Qaeda and ISIS were manufactured by the west via Saudi and Israel in order to have terrorism to justify this change. Now there's another change that's happening. So that's the military industrial complex gets their war. The technical industrial complex gets a police and surveillance state, pre crime arrest, Palantir AI, social credit scores, digital id, central bank, digital currencies, stablecoins, you know, all of that stuff, all of that good stuff that we got coming. But then the financial industrial complex has a really interesting situation. I believe right now that the FICO is asset stripping America while they prepare for multipolarity and they're building global financial centers that had to partner with sovereign wealth funds. The largest source of sovereign wealth funds were those that control the strategic ports and strategic energy. So in the case of Europe you had Norway, in the case of Asia you had Singapore, China as the main, as the main players. But a massive amount of it was concentrated in the Middle east, what used to be known as West Asia. So now let's look at this, let's look at all the different ports that are important in a multipolar world. And the largest sources of LNG which is going to power all this AI and robotics, a massive chunk of it is controlled by Muslim countries. So you've got Yemen with the Houthis there, you've got North Africa which has, you know, Muslim populations. You got the gcc, Saudi Arabia, Qatar, qa, uae, various other countries. And then you've got the most strategic port into Asia which is Singapore, non Muslim, but Indonesia and Malaysia. So in this world that's being built as a result of the closure of the Straight of Hormuz, there's a massive Muslim, you know, Muslim countries that go from sectarian countries which are divide and conquer operations to secular ones like Indonesia and Malaysia, to you know, more like monarchies and then revolutionary ones as well. So you have this complete spectrum of governance structures within these different Muslim populations. What was really interesting about the UK is that when they regime changed and did some tax policies that led to a massive chunk of millionaires and billionaires leaving the uk, just like they're doing in Netherlands right now, they all went to uae. So the largest recipient of those Brits was a Muslim country. So the net beneficiary of this were these Muslim countries that are building the remnants of the wealth from the previous colonies and getting them to relocate to their country while they build out these new alternative financial systems, financial rails and reset the world order. And so is it possible that a country could be anti Muslim but also pro Muslim at the same time, while UAE is exactly that country? And there is significant evidence that there was a network of NGOs and private companies that were funding, you know, many of these different fake mosque structures which were just political entities in order to manufacture this narrative. And so remember, separate the religion from the op. These are psychological operations.
[125:13]
Daniel Estrilan
So let's look at design, let's look at this. We got about five minutes left, I guess. So much stuff I want to talk to you about still. So Simon, for 30 years we're going to the post Soviet period, the west believed ideology had replaced civilization. We had liberal democracy, globalization, markets. They're supposed to dissolve these ancient identities. But if you look at the world today, religion, civilization, historical memory, all of this stuff is returning to the to the center of world politics. For example, China speaks in civilizational terms, Russia does to India. The Islamic world increasingly does so. Has the west completely misunderstood or misinterpreted the century we have entered? Are we moving from the age of ideologies back to the age of civilizations?
[126:05]
Interviewer/Host
The ideology is for the people below the financial industrial complex. The financial industrial complex has one religion, capital, money, profits, revenue. They will do anything in order to maximize those matrices, including making you believe that your government's in charge of, your media is independent, your vote matters, and the ideology is what's actually happening here. They will weaponize all of those tools in order to give you a full sense of the world. When really every type of governance structure, from democracy to absolute monarchy to communism to capitalism ended up with those that control the capital controlling the people. And the rest is just the fake narrative of communism versus capitalism. When China is so far from communism and America is so far from capitalism is just a divide and conquer operation in order to justify the Cold War. And remember who funded the cold war? Well, 1917. Remember that year where the Balfour Declaration and the British Empire. And the Rothschilds started partnering with the Zionists in order to create Israel to destabilize the Middle East. They also funded the Bolsheviks that overthrew the Russian Tsar and replaced it with the Communist Manifesto, a western ideology of Karl Marx and installed it into the Soviet Union and Russia. The same Wall street that was funding fascism that manufactured the Volmar Republic and funded Hitler in order to create the fascist uprising that led to World War II. The same brothers, the Warburgs that were on the governor of the Federal Reserve as well as the Reichsbank that manufactured the disaster that created the bank for International Settlements. And so capital has no ideology, but they have useful idiots everywhere. This isn't to diminish ideology, this is to say they will weaponize ideology. And if you follow the money, which is what I spent the last 25 years of my life doing, you'll find out that is actually the biggest indicator. And what capital flows tell you is opposite to what politicians are telling you and what the media needs you to believe.
[128:46]
Daniel Estrilan
So Simon, let's do a final round. Rapid fire. One word or short answers? Most dangerous country?
[128:56]
Interviewer/Host
Ukraine.
[128:57]
Daniel Estrilan
Israel.
[128:59]
Interviewer/Host
Oh yeah, definitely. In terms of.
[129:01]
Daniel Estrilan
Yeah, most.
[129:03]
Interviewer/Host
I do believe. I'll give a quick answer. I do believe Israel is being privatized and acquired by transnational capital. And you are meant to believe they're more powerful than they are. They're not as powerful as they make you believe.
[129:16]
Daniel Estrilan
Most undervalued asset?
[129:20]
Interviewer/Host
I would say Bitcoin in self custody where you're running a node and you own the keys.
[129:26]
Daniel Estrilan
Gold or Bitcoin?
[129:30]
Interviewer/Host
I like both, but I've got significantly higher percentage allocated towards Bitcoin.
[129:36]
Daniel Estrilan
Dollar in 10 years.
[129:37]
Simon Dixon
What does it look like in 10 years?
[129:41]
Interviewer/Host
I think it may be it's weaker than gold and weaker than bitcoin. It may be on par with dxy. But foreign countries in a multipolar world will outperform the dollar.
[129:52]
Daniel Estrilan
China or America
[129:56]
Interviewer/Host
in terms of the next empire? I think China would I want to live there. Well, I lived in Hong Kong for several years. I think they are two of the same. At least in China you know who's in charge. In America you don't know who's in charge. And they're partnered right now to create this technical, police and surveillance state.
[130:18]
Daniel Estrilan
Will Europe recover?
[130:22]
Interviewer/Host
No, Europe's going to get worse and worse and worse. It doesn't get better. Same with the UK AI bubble. We are in an AI bubble, but AI will still change the world. But I think it would be the second wave of investors that Control the most important grids of the AI data centers. This round will probably get wrecked. And after the lock in periods, I'm sure the VCs are out.
[130:45]
Daniel Estrilan
Quantum computing.
[130:48]
Interviewer/Host
Yeah, I mean quantum is the. The one world government that's going to be controlling all this AI and robotics.
[130:57]
Daniel Estrilan
And finally, one prediction. Nobody believes today
[131:02]
Interviewer/Host
that Israel doesn't rule the world and that it will be acquired by the Gulf countries and Palestine will have a state and eventually there'll be an Arab majority and all the radical Zionists will just go somewhere else. And it turns out that, yeah, Israel
[131:19]
Daniel Estrilan
doesn't rule the world and we are out of time. But before we go, how can we follow you? Your stuff is amazing and I want people to listen to you, read your stuff, read your books and follow your advice. The floor is yours.
[131:33]
Interviewer/Host
Yeah. So I give real time updates on Twitter. Sorry, Xymandixon Twit. When it was called Twitter.
[131:39]
Daniel Estrilan
Yeah.
[131:40]
Interviewer/Host
I also go live once a week on my YouTube channel, imondixon21. I talk between everything that happened that week for like two to four hours and I follow the money and then I analyze what I got wrong and then project what I think is going to happen. And then if you don't have time for that, I created a structure on SimonDixon.com where it pulls all those long. It creates 5 minute videos, 30 minute videos, blog summaries and a community of people. But I don't sell anything. No upsell, no sponsorship, no monetization. I live what I teach and I try to help people get more sovereign.
[132:19]
Daniel Estrilan
Simon, thanks so much for your time again. I love your work and for everybody who's watching us, it's a lot of people going to watch the show. Absolutely. You must follow Simon Dixon. Simon, thanks again. We'd love to have you back sometime in the future.
[132:30]
Interviewer/Host
Thanks for having me. We could have gone on forever.
[132:32]
Daniel Estrilan
We could have. And we'll do that next time. Take care. Bye bye.
[132:36]
Interviewer/Host
Bye. I think there's a small group of power structures that sit above countries that
[132:43]
Simon Dixon
are running the show.
[132:44]
Interviewer/Host
There's no political solution in the West. There's no democracy. It's all a lie. The government is a distraction. The left versus the right is a complete distraction. You need a theatrical moment to define the end of Empire and the transition to the New World Order. There is a way of breaking the system if we wanted, but they don't want you to know that.
[133:06]
Daniel Estrilan
What's the way
[133:10]
Interviewer/Host
the uk, the European Union, Australia, Canada, the collective west is fully subordinate to US corporate interests because
[133:20]
Simon Dixon
they're rolling over the debt based Ponzi scheme.
[133:22]
Interviewer/Host
They have access to the financial industrial complex tools. They can create a currency war. If they want to destroy your wealth, they can laden you with debt which they can roll over. They can use intelligence and military in order to destabilize your country. Turn genuine riots into color revolutions. Take away somebody that represented the people that and install a dictator that takes the corrupt money in order to privatize all their resources and make sure that Chevron, Exxon, Lockheed Martin, General Dynamic, JP Morgan, the IMF all can come in and use your country as an asset management portfolio. So most people when they hear this they think is this some kind of organized cabal? It's actually not. It's a ruthless game of betrayal at the top, power dynamics and access to capital and you can throw people off the network and then operations go wrong. It's a ruthless game. America is getting into this extreme divide and conquer political polarization. You've got suicide rates at all time high, the 10th largest cause of death in America. You've got drug addiction at all time high. You've got wealth inequality at extremes that are causing extreme polarization. I know how Wall street works, I know how Silicon Valley works.
[134:50]
Simon Dixon
How do I get free?
[134:51]
Interviewer/Host
And I tell them, own more bitcoin every month than the last month.
[134:53]
Simon Dixon
Own more bitcoin this week than last week.
[134:55]
Interviewer/Host
Own more bitcoin today than you did yesterday.
[134:57]
Simon Dixon
Self custody.
[134:58]
Interviewer/Host
Run a node and invest in community infrastructures. Build your freedom.
[135:02]
Simon Dixon
So we need to decentralize money, we need to decentralize artificial intelligence and we need to decentralize control grids through decentralized communities. If you fund your farmer, they want your farmer bankrupt because they want you having artificial food that's manufactured in some technical industrial complex. If you want to know what they want to do to the world, what it could look like, look at what
[135:23]
Interviewer/Host
they rebuild in Gaza.
[135:27]
Simon Dixon
Some are completely subordinate debt slaves.
[135:30]
Interviewer/Host
That's what the financial industrial complex wanted to create. Which is make you a collateralized debt obligation where you earn just enough and
[135:38]
Simon Dixon
you work your whole life just to pay the interest. And as you progress you take on more debt and pay more interest and you do that forever.
[135:48]
Interviewer/Host
That's, that's the slavery. And this is the game of investment banking. You build all the products around it to subordinate governments, companies and individuals. That's the asset stripping phase. Europe as being systemically asset strip. And that's why the war with Russia and Ukraine will continue probably for another three years. The end game here is if you look at what Larry Fink will tell you, you will own nothing and be happy. How do you achieve that? And then when you manufacture crisis, each crisis leads to concentrating wealth upwards. And then they want to make you happy. How are they going to make you happy? They can do that by giving you on a universal basic income. And so will you reset the world order into multipolarity and build a global control grid. Every capital flow in the world is telling me that that's what's happening when you follow the money. People want an easy conspiracy theory of, you know, 300 people sat in a room in an organized cabal. There's no such thing as a democracy.
[136:43]
Simon Dixon
Democracies are captured.
[136:46]
Interviewer/Host
Almost every government is subordinate to that capital structure. And so they created an operation operation called operation choke point 2.0, where they created companies that you could destroy to remove credibility, manufacture a crisis, take out all the banks that were servicing the crypto companies and replace them with Wall Street. No personal attack against Michael Sada.
[137:11]
Simon Dixon
He works for his shareholders. Strategy is doing what it was designed
[137:14]
Interviewer/Host
to do, which is create an arbitrage vehicle for manipulating the short term price of Bitcoin, for trying to centralize as
[137:22]
Simon Dixon
much bitcoin as possible. In our last conversation, you were basically setting up that the end of the Iran war would come right in line with the iPodOS.
[137:34]
Interviewer/Host
I think it's already been signed and now they're just playing theatrics. They're trying to time it with the liquidity needs of the major IPOs that are coming.
[137:42]
Simon Dixon
Where do you think we're heading next? What's your read on the situation?
[137:44]
Podcast Host/Interviewer
Situation?
[137:45]
Simon Dixon
Who won?
[137:46]
Interviewer/Host
The financial industrial complex and transnational capital won.
[137:50]
Simon Dixon
The reality is China won.
[137:51]
Interviewer/Host
That means that they can control both the petrodollar and petro yuan. If you think Trump works for the American people, then nothing makes sense. Trump's a transaction guy.
[138:01]
Simon Dixon
His job as a deal maker is
[138:02]
Interviewer/Host
to put deals together for his lobbies.
[138:05]
Simon Dixon
The markets were never saying that this
[138:06]
Interviewer/Host
was a real war.
[138:07]
Simon Dixon
If there was a real war, I was saying gold would be moving in parallel to oil.
[138:12]
Interviewer/Host
They have completely cornered the short term price of bitcoin to manipulate it. But their goal is to get your bitcoin in custody. The technical industrial complex are ushering in an Orwellian AI surveillance state. One world control grid, social credit scores, central bank digital currencies, stablecoins. You will own nothing and be happy. We'll custody the assets. You get the token and you become a perpetual gambler. Trump was installed with significant funding from Elon Musk and the technical industrial complex. Significant funding from the Mellon banking family and the financial industrial complex. And then the third largest was Mariam Adelson. The connection to Israel and the military industrial complex.
[138:59]
Simon Dixon
Three of the sharpest minds in finance, intelligence and surveillance. Surveillance research in one room for the first time. And what they laid out should terrify every single person watching.
[139:11]
Interviewer/Host
Don't listen to anything anyone says. Let's look at what they do. So whatever Elon says is rubbish. Whatever Trump says is rubbish.
[139:19]
Simon Dixon
They mapped the control grid. The trillion dollar print they say is coming. The crypto bill they call a Trojan horse. And the one move you have left before BlackRock owns your entire neighborhood.
[139:33]
Interviewer/Host
They're deliberately trying to manufacture civil unrest. I have to take people to a dark place because.
[139:41]
Simon Dixon
No, let's do it. Once you know how the system works,
[139:44]
Interviewer/Host
you know how to win.
[139:45]
Simon Dixon
And so here's how we win. We're not going to fix the system, but what we can do is absolutely.
[139:51]
Interviewer/Host
Commercial banks, they create, you know, dollars, pounds, euros every time they issue a loan. And in order to issue more loans, their first goal is to turn every single individual into a collateralized debt obligation. By getting them addicted to debt, either via mortgages, via credit cards, via student loans, via inflation that doesn't increase at the same rate of their wages, you effectively turn every individual into a debt slave. They socialize the losses across all the individuals of a nation and they privatize the gains. Your vote doesn't matter because they have access to the deep state. And so once you understand this, you
[140:31]
Simon Dixon
realize it's a big club and you're not invited and we're not in it.
[140:40]
Interviewer/Host
I believe right now we are in a shift to multipolarity and we have created an environment where our governments are fully captured. And once you understand the rules and who's in charge, it's easier to understand where we go next. And our media is just propaganda, 100% and algorithms are utilized in order to weaponize us as almost like products. But you vote with your money is how you win. If you think that you vote and your politicians need your vote, you're going to lose this game. Because the politicians and the presidents and the prime ministers, they all work for lobbies foreign.
[141:19]
Podcast Host/Interviewer
Today by somebody I've been listening to for a long time, Simon Dixon. I will tell you, Simon and I have two things very much in common. We both left investment banking disgusted by the corruption and we were seeking freedom, and our pathways have been different. But I think, Simon, you and I are sort of looking for the same thing. How do you know navigate an unbelievably corrupt financial system. And I really appreciate everything you've done to bring light to that and everything you, you're doing to try and help people be free under the circumstances. So but you have extraordinary experience in investing in bitcoin companies so you've invested in the exchanges and you know a wide of wide variety of bitcoin related companies. So you have a of lot, a lot of experience as an asset manager and investor and venture capitalist in the bitcoin area. Here's what's interesting though. You know you've learned a lot from failures. So it started with your dad losing his pension fund in the dot com bubble which I can't imagine how frustrating that must have been. I was very frustrated during the dot com bubble and then but you had one custodian fraud essentially or one, one fraud and the bitcoin space or the crypto space and you, you live through the bankruptcy experience which is quite an extraordinary experience.