DIGITALGOLDTALK PODCAST Sunday - Thursday 1pm EST GUESTS: Professors & Politicians from the USA, IE, UK & EU TOPICS: Creating Crypto Fair Value Standards

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DigitalGoldTalk Is Back Sunday - Thursday 1pm EST GUESTS: Professors & Politicians from the USA, IE, UK & EU TOPIC: The Digital Gold Foundation - A Self-Regulating Organization for Transparency & Fair Value Standards
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It’s hard to imagine what it must have felt like to sit in a concert hall hundreds of years ago and hear music like this for the very first time. The music of that era must have felt almost otherworldly, like stepping into another world. Listen to Vivaldi’s summer through the mesmerizing playing of Mari Samuelsen: “Summer” from “The Four Seasons.”
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Carl Menger published On the Origins of Money in 1892, and it remains arguably the most devastating refutation of the statist theory of money ever written. Menger worked in Vienna during the late 19th century, when the German Historical School dominated European economics. That school rejected universal economic laws and insisted governments shape institutions deliberately. Menger spent his career dismantling that claim. His 1871 "Principles of Economics" launched the marginalist revolution, and his 1892 essay finished the job on monetary theory specifically. The core argument is simple and brutal: nobody invented money. No king decreed it, no parliament voted it into existence. Individual traders, acting on self-interest, gradually converged on the most saleable commodity available to them. Gold and silver won because they are durable, divisible, portable, and scarce. This process happened spontaneously, across cultures, without central coordination. Menger called the most saleable good the most "liquid" commodity, and traced how liquidity differences between goods naturally selected winners over centuries of voluntary exchange. Menger exposes the state's foundational lie: that money derives its validity from government authority. Every central bank, every fiat currency regime, every IMF directive operates on that lie. The Federal Reserve, which prints dollars with no commodity anchor and has destroyed roughly 97% of the dollar's 1913 purchasing power, exists entirely because the state captured and corrupted a spontaneous market institution. Menger's legacy is the intellectual ammunition to say clearly that central banks are parasites on a system they did not build and cannot improve. The market created money, then Governments hijacked it.
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It’s time KYC and AML rules die. The entire concept never made sense. It ads friction. It’s an illegitimate and unethical use of government power. It does no net good and stops virtually no crime. Time for it to go.
JUST IN: 🇺🇸 SEC Commissioner Hester Peirce calls to end mass KYC data collection, warning it puts crypto holders at risk of phishing and physical attacks. Pierce says the current KYC/AML system creates massive databases of sensitive information that can be hacked, leaked, or exploited. She's pushing for zero-knowledge proofs (ZK proofs) that could verify users meet regulatory requirements without exposing their personal information.
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Richard Werner, formerly on the ECB's "Shadow Council," confirms almost every "conspiracy theory" re: central bankers "A few dynasties" control the central banks. And there's a globalist agenda that's "not good for most people... [which is] why they need traitors to help them" "it's about control, and, in a way, it is embedded in the history of banking and central banking" "throughout history, those who first understood the tricks that are used by banks... kept [them] a secret for centuries... and they did take massive advantage" "that made them very powerful—to the extent that kings and princes and monarchs were becoming indebted to them, and that always [meant they could] extract... other things than just money" "So, the introduction of central banks always goes hand in glove with the introduction of new taxes, [like the] income tax, and so on" "When the Fed was created, they created the federal income tax—which didn't exist before—because somebody's got to pay the interest on that national debt, which is going to pile up the moment you tell the government, 'Well, we're going to create money for you, and you got to borrow the money at interest'" "so that's been the system. And so you have, basically, people who understand the system and, essentially, a small number of dynasties that did really well over the years, over the centuries. While[, at the same time,] for centuries, [these financial] mechanics have been very little known" @PeterMcCormack @scientificecon
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*taps the sign*
BREAKING Paramount has reached a settlement with California and other states, paving the way for the media conglomerate, run by David Ellison, to close its acquisition of Warner Bros Discovery before it has to start paying ticking fees to shareholders. Full Story: bloom.bg/3SXEu3H
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I don't want “better crypto regulation.” I want protocols that are ungovernable & don't give a sh*t what regulators think. P2P. Permissionless. Decentralized. Remember why we came here.
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Every time you say, “It’s a free country” remember this: You got a number when you were born, the bank owns your shit and you better follow the rules someone else made up or you’ll be put in a cage. You know… freedom
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No lies detected. Pass it along.
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"The Federal Reserve intentionally caused the Great Depression" Milton Friedman 1929
Financelot
Dow Jones $DJI 125 year trendline There's a sentiment indicator in there somewhere...
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Buffet’s warning on the dollar and divesting from investments involving failing currencies. Worth a listen.
Bitcoin News
WARREN BUFFETT STEPS DOWN AFTER 56 YEARS, LEAVING BEHIND A WARNING ON CURRENCY DEBASEMENT “Father Time always wins.” Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending a 56-year run at the helm of the company. The 96-year-old will remain on the board as chairman emeritus, with his son Howard Buffett taking over as chairman. In one of Buffett’s final years running Berkshire, he warned that the biggest long-term threat investors face is something they cannot escape, currency debasement. “The tendency of a government to want to debase its currency over time… there’s no system that beats that.” “The natural course of government is to make the currency worthless over time.”
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"The cyber attack seems like a very possible scenario because it's a way for the banks to absolve themselves of any role in a a financial crisis." "It's an easy way to consolidate banks so only systemically important ones survive 'the hack.'"
Turns out @SantiagoAuFund and Whitney Webb were both right about stable coins, and how the U.S. government plans to fund its debt with them. This also explains why the U.S. is trying to cause chaos everywhere. If you destabilize international trade & trigger a recession, it causes a Dollar shortage in many countries throughout the world. By creating a Dollar shortage, it forces nations to print more of their own currency liquidate their foreign reserves and U.S. bonds. Doing so devalues their local currency, which increases demand for U.S. assets, triggering a feedback loop of a rising Dollar and demand for U.S. stable coins. Currency arbitrage is Scott Bessent's professional background. So much so that he helped cause the UK currency crisis in 1992 "Black Wednesday" and the 1997 Asian Financial Crisis with George Soros and Stanley Druckenmiller. In Scott Bessent's recent speech of "Economic D-Day" he specifically warned every nation that they're about to sanction any nation trading with Iran. That halts all cross border Dollar flows into those nations, which will trigger sovereign debt crisis. The "Japan crisis" also appears to be part of the plan to suddenly cutting off liquidity from markets. The plan really is genius... that's why it's called "The Genius Act" The question is, how do targeted nations prevent the sudden outflow of currency into the United States without being able to block Bitcoin and other crypto currencies?
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Bretton Woods was a con job sold to the world as monetary stability. In July 1944, 44 nations gathered at Mount Washington Hotel in New Hampshire and handed Washington the keys to the global monetary system, accepting U.S. dollars as the reserve currency on the promise that every dollar remained redeemable for gold at $35 per ounce. The U.S. government never intended to honor that promise. From 1944 onward, Washington printed dollars to finance the welfare state and Vietnam simultaneously. By 1971, foreign central banks held far more dollars than the U.S. Treasury held gold. France demanded actual gold first. Charles de Gaulle shipped actual dollars back to the Federal Reserve and demanded actual gold, draining roughly $3 billion in reserves through the 1960s. Nixon closed the gold window on August 15, 1971, defaulting on the explicit Bretton Woods commitment. He dressed it up as patriotism. The consequence hits you directly. Every dollar created without a corresponding gold claim transferred real purchasing power away from your savings toward federal spending. Your wages bought progressively less, not because productivity collapsed, but because Washington inflated its obligations away. Bretton Woods succeeded perfectly as a mechanism for the U.S. government to extract a hidden tax from every nation and person that trusted the dollar, and the dollar-holding world paid that price for 27 years before Nixon finally admitted what sound money advocates had argued since 1944. You are still paying that price today.
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READ: Commissioner @HesterPeirce's Statement on the SEC's "Innovation Exemption" ⬇️
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This is good.
.@CFTC Staff Issues No-Action Position to Providers of Passive Software: cftc.gov/PressRoom/PressRele…
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BREAKING: X now lets US users trade stocks and crypto through Cashtags, with Gemini and Kraken as launch partners
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Why do “intellectuals” drift toward socialism? Hayek explains that, contrary to what many intellectuals believe, society cannot be controlled through central planning. People have their own desires, virtues, and moral convictions, they are not pieces on a chessboard.
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Some think Bitcoin was a prototype for the digital dollar and the ability to trade securities and other real-world-assets. BTC was taken over by the very institutions it was meant to replace or compete with. Nakamoto Satoshi is how you'd pronounce the name in Japan. It translates to Middle Wise. Central Intelligence. Who knows? I am just glad that somebody put the software on GitHub and made it open source so that we could simultaneously create even better coins. Or, perhaps it was meant to allow many engineers and communities to try different things, again, as a sandbox for flushing out the system. It's all interesting. We need better money.
🇺🇸 JUST IN: US markets are set to expand to 23-hour weekday trading on Dec. 6, with the SEC signaling that 24/7 trading could follow.
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Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸
🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.
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