Click the image above to watch…
Notes:
Don’t be fooled by the title. There’s actually some juicy stuff at the end, which you can certainly scroll down to. You may then end up coming back up to the top, because (certainly for me) the explanatory lead-up is necessary. Just after 58 minutes in, Phil’s guest is done with his presentation (ad). Phil then tells a personal story defending his businesses, and the background portion of what Phil is imparting commences at around the hour and seven minute mark.
Phil isn’t a fan of cryptocurrency, and he starts with an explanation of what it is:
- Cryptocurrency and its derivatives are designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
- Individual coin ownership records are stored in a digital ledger or “blockchain,” which is a computerized database using strong cryptography to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.
- Blockchain is highly secure.
- Despite its name, which has come to describe many of the fungible blockchain tokens that have been created, cryptocurrencies are not considered to be currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as commodities, securities, and currencies.
How does it work?
- Someone requests a transaction.
- The requested transaction is broadcast to a P2P (person to person) network consisting of computers known as nodes.
- Validation occurs.
- The network of nodes validates the transaction and the user’s status using known algorithms.
- A verified transaction can involve cryptocurrency, contracts, records or other information
Cryptocurrency:
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- *Has no intrinsic value in that it’s not redeemable for another commodity such as gold.*
- *Has no physical form, and exists only in the network.*
- *Its supply is not determined by a central bank, and the network is completely decentralized.*
- Once verified, the transaction is combined with other transactions to create a new block of data for the ledger.
- The new block is then added to the existing blockchain in a way that is permanent and unalterable.
- The transaction is complete.
Phil’s explanation wraps up at 1 hour and 24 minutes or so in.
How does cryptocurrency gain value?
- Primarily through the laws of supply and demand; when demand for a cryptocurrency exceeds its limited supply, its price tends to increase. Other factors include its utility, market sentiment, and the cost of production, such as mining expenses.
- There’s no way to know for sure which cryptocurrencies will go up in value. However, we can use the laws of supply and demand to better understand how the price of cryptocurrency will change in the future.
- Unlike traditional currencies, cryptocurrencies aren’t backed by physical assets or government promises.
Can cryptocurrency be asset-backed?
- What would happen if you took traditional investments (gold, silver, etc.) and combined them with cryptocurrency?
- What if you could put gold and silver on the blockchain, and assign tangible value to the crypto market?
- What would happen if crypto combined with precious metals? Apparently there are lots of crypto sellers saying they already do that. (They don’t, actually.)
- What if your physical gold, silver and other metals were directly linked through blockchain to a “certain” cryptocurrency?
That currency doesn’t exist.
- What if you could spend that “certain cryptocurrency” for everyday purchases, such as groceries, gas, utility bills, mortgage / rent payments and more?
- What would happen to the value of precious metals if such a “metal crypto-currency” were to exist?
Trump has been promoting crypto, a departure from what he’s said in the past about it. Why?
Trump does not flip, as a rule. He said before (in 2019) that the value of crypto is based on thin air, and now he’s launching his own crypto platform.
Now in 2024, Trump suddenly loves crypto, and says the future crypto market is “strong.”
Bitcoin then surges past the 100k value, by far an all-time high (2024), which Phil attributes to Trump’s declaration of support for crypto.
Another result of the CiC’s support for crypto is that gold and silver prices stagnated, based on the rising crypto prices. Bitcoinheads laugh at the gold and silver investors.
Phil has never said that he’s investing in or believes in crypto.
Trump is a genius.
At around one hour forty five minutes into his presentation, Phil gets around to the actual juicy intel.
Crypto Metals
- Trump, along with the help of Elon Musk, has successfully found a way to link physical gold and silver (and other metals) to a specific digital cryptocurrency.
- This will enable holders of physical gold and silver to use the blockchain to execute transactions using their own physical metal investments.
- This will make the flexibility of using metals much more versatile, giving an immediate intrinsic value to the physical metal.
- Because it’s making your metals more usable and versatile, their value will skyrocket.
- In short, Trump has combined the precious metals market with the cryptocurrency market, meaning that no longer will crypto investors root against metal investors, and vice versa.
- These plans were on hold until after the presidency was secured, but now it’s real, and it’s coming.
- Anyone who has metal is sitting pretty.
- Phil is convinced that once Crypto Metals goes mainstream, precious metals will be hard to come by.
What does this mean?
- Current holders of physical gold and silver (either in your home, in a certified vault, in an IRA/401k account or similar,) will see an immediate value-add to their holdings.
- The ability to actually use your gold and silver will improve exponentially. Instead of just watching it sit in your safe / vault.
- The introduction of crypto metals will likely see a landslide of new precious metals investors come into the market – driving the supply downward and the demand upward.
Then what?
Trump’s recent comments regarding the abolishment of the Federal Reserve, as well as the IRS, have raised eyebrows about what his plans for the future economy will be.
For some reason, Phil inserts a blurb about Agenda 2025 and that it speaks to exactly the same things as NESARA. Trump has often said he has nothing to do with it, and the Heritage Foundation that put it out there has also said that Trump is not the author.
Is Trump silently enacting NESARA?
Phil shows screenshots of what is in that highly anticipated legislation. We posted it here.
He keeps referring to Agenda 2025. I’m not sure if he’ll ever get to why he refers to it at all.
In any case, the moves that Trump is making right now seem to be mirroring NESARA.
This economic changeover is a process, and won’t be affecting our lives very soon, because laws have to be passed and all that. It’ll be done quickly, though.