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Hello, everyone, and welcome to this episode of The Signal Hour.

I'm your host, Dr. Chris Martins, in a very special episode today.

Look, with a recent signature of the Genius Act into law, we need to talk about digital currencies, you know, stable coins, whatever that means.

And it's going to extend more into this whole new digital world that we're heading into.

I think we have to have eyes wide open. Full disclosure, I don't know anything about this technology.

I see it, but I've never coded a coin. I don't actually know what a token actually is. I don't even

know how these things really actually work. Now, how much privacy

can they really be affording to us or even how much will we no longer have any privacy at all?

These are all questions we're going to be talking about with a true expert, Aaron Day, a good

friend, great individual to talk to about these things, very knowledgeable because, well, he knows a lot. So, Aaron, welcome to the show. Thank you for having me. Good to see you again. Well, and I'm, oh, yeah, and I'm looking forward to seeing you at our summit again this year. You'd get a great, very highly well-received presentation there, and you'll be back again this year. so looking forward to that so where do we start in this conversation i know you have a beautiful big long

presentation you take there and you'll be back again this year. So looking forward to that. So where do we start

in this conversation? I know you have a beautiful, big, long presentation you take people through.

Where do you usually start in this conversation? I guess probably the best place to start

as things are moving very quickly is to start by just explaining to people how our money system currently works

so that it'll make it more understandable what the risks are with what's going on with stable

coins and CBDCs and all of that is to get a good foundation of how the money system

currently operates because a lot of people are looking at the future and worried about a future where we have digital financial surveillance, not understanding that we already have digital financial surveillance.

So as an example, the way money works is our money is essentially 96% digital right now.

And in fact, the way money is created is the government issues an IOU to the Federal Reserve.

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