
Tech • IA • Crypto
Speakers at a financial and political discussion warned of potential state fragmentation, rising distrust in institutions, and a shift toward decentralized assets like Bitcoin, while promoting controversial claims about taxation and sovereignty.
Concerns were raised that current global instability—marked by inflation, debt, and geopolitical tensions—resembles periods preceding major state collapses. The dissolution of the Soviet Union in 1991 was cited as an example of how seemingly stable systems can rapidly disintegrate. Similar vulnerabilities were suggested in modern economies, particularly those burdened by high sovereign debt.
One participant argued that Canada faces imminent structural breakdown, predicting it may not remain intact in its current form. The argument centered on weak internal economic integration and rising separatist pressures, including potential referendums in Alberta and Quebec. The country’s centralized banking system and lack of cohesive infrastructure were described as underlying risks.
Economic systems, national identity, and currencies were framed as “psychological engines” sustained by collective belief. Within this view, Bitcoin was described as a “psychological commodity,” gaining value through shared conviction and optimism among its supporters. Predictions and narratives were presented as tools to reinforce or challenge these systems.
Speakers referenced cyclical historical theories suggesting societies periodically undergo crises that reshape institutions. Current conditions were described as a “fourth turning,” potentially leading to decentralization of power from federal governments to states and individuals. Shifts in U.S. political language and governance were cited as signs of this transition.
Bitcoin was promoted as a decentralized financial network capable of bypassing traditional state control. Advocates claimed it enables individuals to safeguard wealth independently of governments, framing it as a form of “digital sovereignty.” The asset was also characterized as resistant to confiscation and aligned with free-market principles.
A speaker asserted that most Americans are not legally required to pay federal income tax, encouraging individuals to stop filing returns. These claims contradict established U.S. law and mainstream legal interpretation, under which tax obligations are enforceable and noncompliance can result in penalties. The remarks reflect a fringe but persistent tax resistance movement.
Fiat monetary systems were heavily criticized as unsustainable, with comparisons drawn to historical currency debasement such as in the Roman Empire. Speakers argued that excessive money creation and debt accumulation will eventually lead to systemic collapse, positioning Bitcoin as a replacement grounded in scarcity.
While some participants suggested the United States remains dominant and may even expand influence, others questioned whether its strength is overstated. Ongoing conflicts and rising national debt—estimated at around $40 trillion—were cited as factors that could undermine long-term stability.
A recurring theme was the idea that sovereignty is moving from nation-states to individuals. This includes financial independence through self-custody of digital assets and reduced reliance on centralized institutions. The concept was framed as a response to perceived overreach by governments and financial authorities.
Traditional strategies such as holding multiple fiat currencies or investing across countries were dismissed by some as ineffective. Instead, a future dominated by a dual system of U.S. dollar influence and Bitcoin adoption was proposed, with other currencies potentially losing relevance.
The discussion highlighted growing distrust in centralized institutions and increasing interest in decentralized financial systems, while also featuring disputed claims and speculative predictions about political and economic collapse.
Hello everybody. Uh my name is Nuri Katz. I'm the president of Apex Capital Partners. We specialize in citizenship by investment. We help people get second citizenships. Um I want to start this session about life in the fourth turning and how the world is changing by telling you a little story about my own my own life. uh and and then getting the opinion of my fellow panelists about where we're going. We it it feels like now where we know the the world is in a in a state of flux with wars and oil prices going up and inflation and and who knows what is happening. And I it it reminds me very much of 1990. Um, in my last year of college, I was went to college in Canada. I moved in the in that year to the Soviet Union to Moscow. And I I did and I ended up living in in Moscow for 23 years. But in 19 the Soviet Union in 1991 in December of 1991 fell apart just completely fell apart into 15 different countries Russia, Ukraine, Usbekistan and other countries. Just the flag of the Soviet Union came down and 15 flags came up and all of the states of the great Soviet Union became independent countries. If you would have asked me in July of 1991, a few months earlier, if the Soviet Union could fall apart, I'd say, "Are are you crazy? It's the Great Soviet Union. How could it fall apart?" Well, it looks like now the world is sort of in the same kind of situation. And I think even we can look at America and the situation in America where there's, you know, insane debt and that's what ruined the Soviet Union was the was the debt um debt wars and all sorts of other things. So, you know, what we can't imagine could happen has happened and can happen. And so what I'd like Nolan to hear from you is what do you think of that? >> Well, thank you. Yeah, I'm so I'm Nolan Barley. I host a morning show every day that sort of treats this idea that you're talking about and it talks about, you know, how Bitcoin and the economy and nationalism and countries themselves, these are what I call a psychological engine. They're able to perpetuate even even my word for economics in the show is a psychological engine. Bitcoin happens to be a psychological commodity. And you can see right now Bitcoiners enthusiasm, Bitcoiners optimism, uh the kind of future they're trying to induce in the world is partly why we see all these people here, why people are planning for the future. And it's one of the reasons why on my show every morning I try to make predictions because predictions are a sign if you get them right anyway that the worldview you had when you made the prediction was accurate. You can sort of triangulate your opinion that way. Now, I made a prediction 2 days after Donald Trump was reelected as president in 2024. I hosted the Montreal Bitcoin meetup where you were. >> And this, like I said, this is 2 days after the US presidential election and I walked into the room with a bunch of Bitcoiners and I said, "Canada woke up today in mortal danger. The country probably won't survive another year." And the whole audience said, "Uh, what are you talking about? Maybe not. Even the Bitcoiners on stage with me said, "No, we'll be fine. Canada will make it." This is before Trump started with his 51st state thing. This was just before you started to see exactly what's going on in Canada. And again, I will tell you, and I'll make the prediction, Canada, second biggest country in the world, is probably not going to make it through the year, guys. It's probably not going to survive this year. >> I I hear you. >> I can't imagine it. >> As a Canadian, I can tell you >> it's over. It's over. >> It's It's finished. And the reason I did that at the time was, you know, again, the psychological engine component. Uh, I looked at Trump, he made his national security advisory at the time was all businessmen. He didn't trust the military because of what happened to him in 2020. What happened to him in his first term when he was hardly the civilian commander-in-chief. Uh, we haven't had a civilian commander-in-chief of the US military, at least since Kennedy's time. uh we're reinterpreting our own history in America, but it's been a while since we had a civilian commander-in-chief of the US military. And so Trump appointed a bunch of businessmen. And I said, "Well, if you're a businessman and you want to survive and you want America to perpetuate, what are you going to do? You're either as a country, as a national entity, you're either growing or you're dying." And if he's hiring a bunch of businessmen, I said, "Well, how are they going to grow? They got to grow now. They're not going to die. a business instinct is to perpetuate and live. And I said, they're not going to go in the Middle East. This is all crazy. They're just going to go and take a bunch of Canada. Canada won't separate as one entity. It'll break into pieces. Um, but my timeline now looks very accurate. Alberta has a referendum coming up in October. They'll likely win. If they don't, Quebec is already threatening their referendum. Uh, and they they don't even want to govern the separatist party in Quebec. Quebec tried to separate in 1995 and they said at the time it was because of money and that's why it failed. Uh money is indeed what kept Canada together. Canada was created for want of banking. The US civil war ended. England was not going to put any more money in Canada because the Republican army, the grand army of the republic was going to take it as loot and plunder. So that was it. Canada copied US federalism exactly except for banking. Banking is a federal jurisdiction in Canada. The point of Canada is to build east-west infrastructure using this trick of a centralized financing mechanism. They never built the infrastructure. Canada is in mortal danger for that reason. They didn't build the economic ties that bind. There are the divorce papers already written. We know how to break the country apart. The psychological engine is breaking. Canada will not survive. And it's just another one of these examples of a country based purely on its fiat currency that is going to be wiped out. It's going to be subsumed by something else. I don't know exactly what's going to happen, but it ain't going to make it. >> So, I was talking more about the chance of the United States falling apart, but maybe it is going to be First Canada, but um Payman, why don't you tell me what you think we should be doing now to deal with this situation? >> Well, my name is Payman Mahed. I'm the founder and president of Freedom Law School, which I started in 1996. And my focus is more on those of you who are Americans, helping you to live free, no longer being a slave. The fact of the matter is that, you know, we've been lied to about so many things so many times by our government and our media. And one of the biggest brainwashing jobs they've done to us is have you believe that you are weak and the IRS is the monster god that will eat you alive if you don't file and pay your income tax slavery taxes every year. Sign that 1040 form under oath. You swear to your master, I owe you this money. Please beg and accept all my deduction expenses and pick on somebody else instead of me. Please don't audit me. I'm just a good little slave and I got this little sheep herder called accountant CPA that does the best to keep you, you know, from hurting me. And I'm having all my faith in this guy. The fact of the matter is that no law requires the people of the 50 United States to file and pay federal income taxes. Now, I don't have the time to get into all the details of it now. You can come by our table there and you can grab this brochure if you want or go to our website freedom law school.org work to verify the legality of why no law requires 99% of Americans to file pay income, payroll, corporate or estate taxes. It's a huge claim. Some of How many of you are my students here? Can I say many students I got here? How many people feel free law school? Okay, we got a few there. Okay. So, and the thing is that the IRS is not powerful if you stop. Listen to your accountant CPA who has you sign a 1040 form, 1040 confession form under penalties of perjury. Read the 1040 form you filed and signed last year and gave to the IRS and ask your accountant CPA, "Why did you not tell me what it means under penalty of perjury where I signed that form? Why did you not tell me that by doing that I could go to prison for three separate federal tax crimes that could me put me in prison for nine years for that one signature you told me I should do to be safe from the IRS and watch him babble around some excuse that won't make any sense. The fact of the matter is at Cory Iris's own information, there's about 80 million non filers in America. That's right. People that made it above the minimum that IRS should file income tax. Is there 80 million people in prison or have the bank account paycheck stolen? Of course not. And nor you're right. Nobody believed So union is going to fall apart. And most of you does not do not believe it, but it's true. IRS is imploding from within just like the Soviet Union did. And you can take part by stopping and paying income tax. Educate yourself about it at freedomaw school.org. And I'm here for you guys because from Iran where I came from, we had no freedom of speech to criticize a king. Here we have freedom of speech, right to bear arms, right to Jew trial, so much more. We need to exercise our rights. You need to exercise your rights. Use it or lose it. Applies to more than just bodybuilding. It applies to your freedoms as well. >> Goney, what do you think we should be doing now after that? >> I love I love the energy. >> G Money is running to pay his taxes right now. We're all with this guy. There's no question. >> Uh my name is G Money. I host a weekly podcast called Rugpull Radio on Rumble Badlands Media. And look guys, this is a story as old as time, right? It goes back to the Roman Empire who ended up diluting, right, their silver coins and the empire fell, right? And so this cycle just continues for humans over thousands of years. People centralize their power, they get greedy, they get sloppy, the people get enough, and then the thing decentralizes, collapses under a new tyrant, and it just it just repeats itself. And so, um, you know, we were going into that same reset. We were going into this surveillance state, digital credit score, complete, um, control over your finances. But other people, good people in the military had a different plan, a good reset, a transition away from these tyrants that continually exploit our energy. Okay? And so, we're deep into this fourth turning right now, right? empires are going to collapse and new sovereign people are going to rise up. Um, and this isn't theory anymore. Okay, as Admiral Paparo just recently put, Bitcoin is reality, okay? And so this is digital 1776. Um, Bitcoin is the Declaration of Independence in cyerspace. Okay? From 3,000 years ago when the God King and you know in England wanted to tax um Americans, you know, we we had enough, right? But back then we fought we fought with we fought with guns. We said we're done with this. Okay. Um but we're in a fifth generation war. We're in a non-kinetic war. The battle space is the information war, right? The battle space is cyerspace. Um and Bitcoin is really harnessing the energy grid to weaponize the entire planet at the individual level. Okay. Jason Lor's software thesis actually proved this to where individuals can harness the entire energy of the entire network at the individual level to protect themselves from the IRS, politicians, right? Military, they can't they can't take your Bitcoin. They can't confiscate it. They can't block it. And so what we have is centralized god king abstract power who continually print claims on your energy at zero cost to them. They're taking your energy. They're exploiting you at every level. And there's only one way out of this. And the way out of this is to simply opt out. Okay? You're not going to vote your way into, you know, having some more new freedoms. You have to take that freedom back. Um, and so we have to stop complying. Complying is giving energy, is giving consent to the corrupt system itself. So if you are sitting here yelling at a politician, yelling at the IRS, like you, that's not the problem. That system you can't change. You have no power authority. you've given over your power authority by voting, by being in their banking system. So, the only way to take your power back and to take your agency back is to self-custodial Bitcoin. And that's that's really what this comes down to. Um, stop complying, opt out, and, you know, tell the IRS to go fuck themselves. Like, really, that's what it comes down to. >> Um, and and I'll I'll I'll bookend what you were saying about America and this topsyturvy fourth turning that we're in. You look at this this reality and this changing reality, it ends up manifesting in language in very simple ways. Before the US civil war, you would have said the United States are because state level sovereignty was a reality. The United States was created by sovereign states getting together to create the United States. They had to centralize a lot of power in order to win the civil war. And after the civil war, you started to hear the United States is. They turned that plural into a singular. Now, fast forward to the next fourth turning and the second world war. You know, we went 80 years between the Revolutionary War to the Civil War, 80 more years to the uh after the Civil War to World War II. Now, World War II was a further centralization of this power. It's what created these institutions. It's what created this idea of the federal government. Washington DC as we know it is a product of the World War II consensus. They won the war. Buy your bonds. It was a bunch of bureaucrats and and aircraft carriers. He ended up saying after that, the federal government is or the Fed is. World War II is a flip of that whole frame. We're going back to the United States are. We're going back to state level sovereignty reawakening. States are Trump or Biden. You had Texas moving away from uh Joe Biden during those years. Now you have Minnesota as obviously as fraud, but they're trying to get their sovereignty back from oversight of the federal government. Now it's up the money they're stealing from the IRS and all the fraud. So it's going to go around in circles. But you have this antagonism between states. So America itself is reawakening to its state level sovereignty and state level sovereignty is much closer to the sovereignty of the individual. So, it's it's a step change and and America will change as a result of this and and we're moving towards these much more human scaled human level sovereignty that's accessible to us that won't be because they can tax you and and fund this federal government. >> But and and the reason for that is right Bitcoin is imposing this new moral absolutism on the entire world. Thou shalt not steal. Okay? It's making everybody compete. It's imposing a free market. so that nobody can print energy for free. Anything that is tied to the um is is tied to natural law will survive, right? And so the unboundness of these fiat institutions, these fiat creations are all going to naturally die off because they cannot provide the value that exists in that system. >> Well, one of the things that I think that I look at as a solution is diversification. And that's what we're talking about, diversifying into Bitcoin and keeping your cold wallet in your in your house. But there's also something else that I notice about Americans. I mean, the the US dollar, which is what we all are in, and we're all sort of centralized in US dollars. I mean, I think how many people here have currencies that are not US dollar-based? And are there any? Yeah, maybe a couple. Um uh but diversifying out of out of uh the United States, the United States is is for Americans, most Americans hold their uh their money in US dollars. Their assets are mostly in the United States. So maybe diversification to other countries is also a solution. >> Not going to work. Not going to work. the the basically this World War II consensus was every country was allowed its own fiat ponzi and that was important because the fiat ponzies of the Canadian dollar, the Mexican peso, that was all only reference to the US dollar. It had no meaning if there wasn't an exchange rate with the US dollar. The US dollar was like the metric system of the fiat ponzies. But what Trump is doing is saying that all of your fiat ponzies are getting shut down. There's not going to be any other fiat currencies with stable coins. You're going to seem the system that existed in America before the Federal Reserve was created. It wasn't the gold standard. It was silver for consuming and gold for saving. That's what the Wizard of Oz is really about. The Wizard of Oz wasn't ruby red slippers and a yellow brick rolled. It was silver slippers on a gold road written during the McKinley presidency. The tornado was the populism was the MAGA of its time. It was the Donald Trump era of its time. What's happening now is all the fiat currencies are going to get shut down. They're going to get wiped out. The Genius Act is loading the US dollar weaponization because no American is going to get yield on the dollar domestically. They're going to drop now that the Federal Reserve is going to be subordinate to the US Treasury. Now that we're getting back the republic and the Federal Reserve, I mean, Trump said last week he's going to have the Fed Reserve chair in the White House so he can kick him so he can push him around and bully him. We've already got the Secretary of the Treasury. He punched out the new Fed chair. He's threatening the old one. He's punching anyone he doesn't like in the face. That's that's the Hamiltonian system. That is the American system reemerging. You're going to see the other um Canadians, for example, are going to get 10% yield on holding stable coins, but eventually the stable coin is going to die, too. They're going to have to go to Bitcoin. But we're entering into a world of global biatalism. The US dollar and Bitcoin are going to coexist for a little while anyway, but the other fiat ponzies are all getting shut down. >> Are you not Are you not assuming that the BRICS countries are already nothing to >> They already gave up. They capitulated. >> Really? They capitulated. It's done. They're done. >> I don't think if you ask them that they would they would say that >> Saudi is done. Saudi's with America. They're our greatest ally. We should be throwing the biggest party here for Saudi Arabia. One of our great allies. >> I I agree that Saudi Saudi is with the US. But but China isn't. Russia isn't. India is sort of >> They haven't made a peep about Iran. They love it. >> They love it. >> Oh, >> they're loving it. >> They can't wait for more. They're selling them arms. Weak arms that we know don't work. They don't work. We wipe them all out. >> Yeah. Okay. >> What's going on in Iran is really targeted to England. The king of England is in the White House today bending the knee. >> Welcome to predict. The world is a market. Everything is a market. Every headline moves the line. Every moment is your market. Call the moves. Bet on your instinct, your prediction, your edge. Dual bits predict where everything is a market. What I think what you're what you're assuming and what I think everybody in America is that assumes is that America is as strong as America thinks it is. And I don't know if that's the truth. And maybe you can talk about that. Well, um, this war with Iran is obviously Iran is winning because Iran's a porcupine. >> There we go. >> It's surrounded by mountains. They got nothing left >> and deserts missiles and drones is like a boa constrictor, powerful and big as it is, try to consume a porcupine. The more you push, you're going to hurt yourself more. What that means is going to be more inflation in America. There's going to be more unrest in America and more people waking up to, hey, what's going on with our money out there? How come we're not taking care of our people here first? We're in debt to 40 trillion. We're spending money on wars instead. So state sovereignty is very important as you heard from Nolan. But more important than that is that sovereignty comes from you. Every one of you is a sovereign human being. Your rights come from God. That's what the founders recognized in the Declaration of Independence. What happened is we were raised ignorant of the law and our rights in the Constitution. That's what happened to me in ' 92. And I was taught by some patriots about the Constitution and the laws and income tax being voluntary for the people of 50 states. I didn't believe it. But I went to a meeting and I demanded to see the law philosophy. I'm there. and they showed me the law. And you need to take the time to think for yourself by educating yourself about all this and express your sovereignty by no longer being a slave. No longer put the yoke around your neck on that 1040 signature form and give it to the Irish to pull, to audit you, harass you, put you in prison. They put filers in prison, not the non-filers. They audit filers, not the non- filers. But they got you deceived to believe if you stop being a slave, stop putting a 1044 around your neck, you're going in trouble and your accountant CPA is accomplice in lying to you and deceiving you to remain a slave. And that's how they got America's to take the corner jab. You'll die if you don't take the jab. Give it to grandma. People are lined up to take the jab. And same is going on with income tax. But >> so I haven't filed in like seven years. So I appreciate that because that's the way out of this. Okay. And so in this system, right, like if we're thinking bigger, like you live in a zero sum game, okay? So when someone wins, uh, someone else has to lose. That's the network you belong to right now. Okay? The Bitcoin network, okay? Everybody gets to win. You get to join an infinite game where your life gets better, it gets cheaper, and things get faster, and just more more accessible for you. And so in this system, you are complying with the tyranny that is around your neck, like he's saying. Okay? And when you really get down to it, right, Bitcoin is is the most secure, largest network in the entire globe. This isn't just about America. This isn't just about Iran. This is an entire worldwide declaration of independence to the tyrants, the proof ofstake shitcoin democracies. Those those are over. Okay? Okay. And so we need to understand that you by complying by filing your federal income taxes, you are aiding and abetting a criminal enterprise. Full stop. You are aiding and abetting genocide, biolabs in Ukraine, the whole thing. And it's up to the individual to say no more. I am taking my power back. I'm taking my agency back. And that is the new world. That is the new passport. Your self-custodial Bitcoin is your new passport. Governments will compete for you to come to their country. If you have Satoshi's, you can go anywhere in the world and it's happening right now and it's a beautiful thing. So join us. And so the good news is folks, you got to recognize that they hold us by deception. Once they deceive you that you'll die if you don't double mask six feet apart, you'll be afraid. Once you're afraid, then you do you take the jab and whatever they tell you as a slave, right? Same thing goes on when they had you be afraid that the government is more powerful than you. Let me tell you something. I haven't filed the paid income tax for over 33 years. Openly IRS knows it. I've been teaching Americans like you, like today openly when all this hair was black. IRS has tried to stop my freedom of speech to not wake up slaves like you to be free. And I said, "No, if I wanted that, I would go back to Iran where I came from. I mean, America, the greatest country on earth. The only thing that keeps us from being free is our ignorance. And I'm going to cure that by educating myself. No longer am I afraid of the IRS." Neither can should you be. and you will no longer be robbed and slaves. Go to our website, freedom law school.org, and stop income tax withholding from your paycheck for free. That's right, for free. If you're business owner, stop sending quarterly estimated payments to it really slavery. >> By the way, the secretary of treasury just told everybody to start filing exempt. This isn't just like make believe. >> Yeah. Yeah. Just the other day. >> Yeah. >> Well, I I guess America, I I live in in Antigga, little island in the Caribbean, and in Antigga, we don't have income tax. It just doesn't exist, which is a wonderful thing. And boy, it's a huge change in life, you know. May it actually can work. It actually and it it does work. Not having income tax can work. You can change the tax system. You can make it a consumptionbased tax. So you pay on what you use and it can work and but you choose in America not to have that happen because I guess it is America joke around your >> but America is changing fast very fast faster than you know America in its history brief 250ear history has changed more than any other country has changed each one of these cycles we completely alter our history reinterpret our history and It's it's you know even within history it's abnormal for people to identify their nationality a as part of their personality more more localism was the way people identified themselves before and it looks like we're headed back towards that once the fiat currencies can't fund Canadian national identity or Soviet national identity it's going to wash away and we're seeing it already around the world >> yeah I mean this country was funded by tariffs from 1776 to 1913 you know what was created in 1913 team, the Federal Reserve and the IRS. Shocker, right? And if you go back even to the 80s where Ronald Reagan, executive order 12369, the Grace Commission back then, they proved 0% of your federal income tax dollars went to any public service or public good. It all went to paying interest on the debt. So, you're all goyam, you're all tax slaves in this system. There's no way out of it. The only way is to opt out. It's And if enough of us do it, we only need about 3.51% of the population. And it's a DDoS attack on their enforcement bureaucracy. You can't arrest every single one of us. You can't send the military to all of our houses to take our seed phrases. Okay? And so this is the revolution. This is digital violence. This is the moral high ground saying, "No, I no longer support the the exploitation of my energy to do things that are against my morality." >> Well, guys, we're we're coming off to the end of it. I want to thank you for a really lively conversation and I didn't expect it to be so lively, but these guys are great, so please give them a hand. Thank you. Thank you guys. Every year, this community comes together to celebrate, to debate, to build what comes next. And every year the stage gets bigger. Sound money center stage. So where do you go to celebrate the next chapter in Bitcoin history? You come home. Nashville. July 2027.