4.8 • 764 Ratings
🗓️ 17 September 2024
⏱️ 116 minutes
🧾️ Download transcript
Marty sits down with OpnState to discuss the growing power of unelected supranational regulatory bodies.
OpnState on Nostr: https://primal.net/p/npub1v6z4srj4ktch4f3ee9ze2zp7ml4n9rshttmntpamfed0nvpev5fszzuq49
0:00 - Intro
1:41 - OpnState’s background
6:23 - The influence of standard-setting bodies
12:11 - FATF
16:55 - River & Unchained
18:11 - Bank Secrecy Act - Power further removed from citizens
27:06 - Public-private partnership - effectiveness of aml is questionable
35:01 - Gradually, Then Suddenly & Zaprite
36:39 - Circumnavigating due process - Sanction lists - total control
49:10 - Malice/incompetence - System meant to incentivize altruists attracts snakes
57:04 - Knowledge asymmetry with govt - The power of FOIA - go send a FOI request
1:12:54 - Voter responsibility
1:20:25 - Political power cares about you - FOI strategy
1:25:15 - Open source regulation
1:46:54 - Simple choices, big change
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Click on a timestamp to play from that location
0:00.0 | I wasn't drug dealer for people who were. |
0:02.0 | You know, addicted to easy crap. I felt dirty every time I went to it. |
0:05.0 | I have a background as a banker. I used to commercial banking. |
0:08.0 | I realized just how corrupt that whole system was. |
0:10.0 | I really do think that regulation is, it's a very tricky double-edged sword. |
0:15.0 | Once a government official is elected, he has a burden towards the global financial standard setting bodies that |
0:22.0 | supersedes the, you know, what he has to do for the citizens of this country. |
0:25.5 | We saw this wave of crypto projects and Bitcoin create new crypto millionaires who were |
0:30.8 | not accredited investors. |
0:32.8 | What if you can be added to a sanctions list, you know, for spreading misinformation? |
0:37.4 | I mean, that seems to be the direction things are taking now. you can be added to a sanctions list, you know, for spreading misinformation. |
0:40.4 | I mean, that seems to be the direction things are taking now. |
0:47.3 | And so that standard of being found guilty for the sole fact of being on a list is very, very troubling. |
0:50.0 | So if that doesn't scare you, I don't know what will. This rip of TFTC was brought to you by River. |
0:58.7 | It's the best place to buy Bitcoin. |
1:00.3 | Go to river.com slash TFTC and enjoy this episode. |
1:09.6 | You've had a dynamic where money has become freer than free. |
1:14.6 | If you talk about a Fed just gone nuts, all the central banks going nuts. |
1:20.6 | So it's all acting like safe haven. |
1:22.6 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, |
1:29.2 | Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor. |
1:33.9 | I mean, that's part of the bull case for Bitcoin. |
... |
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