The One World Government Is Already Here – Simon Dixon (Transcript)

They learn the sensationalist headline that’s kind of not quite true, but in line with what gets a lot of traffic and a lot of comments and riles people up. You can boost those people and boost their income. And so you’re training people into the speech you want them to have. And you just pick up these assets and if they comply more and more, then you can just build these communities.

The Hierarchy of Media Control

PETER MCCORMACK: Well, what is the hierarchy of the structure that you think makes that happen?

SIMON DIXON: Well, I think media is just about power. It’s not like a money business model. Media’s captured in the sense that most of them are public companies. So they start out as a decentralized group trying to spread a message or trying to build a business for yourself. It depends which way you are. So if the founder of a podcast is building it as a business, then immediately you are into the — okay, I’ve got this amount of money, now I need to get sponsorship. Sponsorship means that there’s a certain message where I can’t go down, because it’s bad for business. Then you have the monetization algorithms that’s teaching you the behavior and the types of things you should be talking about. And then I think you get to a level of you’re bigger than traditional media, you know, the top, top, top podcasts.

PETER MCCORMACK: Did YouTube let us monetize Simon? Yeah, it did. Yeah. We’re allowed to monetize you.

SIMON DIXON: Okay. So there’s a narrative that’s acceptable there. Or there’s just a load of money to be made.

PETER MCCORMACK: Well, we don’t—

SIMON DIXON: I do think the CPM was way down on that episode.

PETER MCCORMACK: Yeah.

SIMON DIXON: Yeah.

The Case for Subscription and Sovereign Independence

PETER MCCORMACK: It’s really interesting because there is — like there’s a part of me, Simon, that goes, do you know what? F YouTube. F Spotify. I’ll just build a subscription-only podcast. And whoever wants to pay will pay to do it. There’s that Patreon video the guy who founded Patreon did called “A Thousand True Fans.” Have you ever seen it?

SIMON DIXON: No.

PETER MCCORMACK: It’s brilliant. He said most creative people don’t realize you need a thousand true fans. If you’re a guitarist, you know, you can write songs and release a single every couple of months. Those thousand true fans will buy everything you do. They’ll buy your t-shirt, whatever. If you’ve got a thousand true fans who’ll spend £100 a year with you, £100,000 — you can be a creative. But a lot of people are thinking wide and broad and they want to play at Wembley Stadium, and actually you need 1,000 true fans.

But then there’s the flip side. If you make it subscription only, well, you as a guest — I mean, maybe not you, somebody else is going to go, “Well, I was coming on when you were reaching 500,000 people because it was good for me. Now you are reaching a few thousand subscribers. I don’t care.” And then there’s your whole ego. It’s like, well, I want my show to be successful. There’s a big balance to be played.

How We Win: The Sovereign Zone

SIMON DIXON: Yeah, absolutely. And this is how we win, by the way. This is like, you know, there’s a lot of doomerism, there’s a lot of understanding how the world really works. There’s a lot of blackpilling at the moment. But there’s something about scale that doesn’t work. There’s something about a big company, a big country — a structure of protectionism and capture that just hits a certain point.

And I found this with all my investments as well. Every single company I invested in, in the Bitcoin space particularly, it started with the original ethos of trying to get people decentralized money that no one could control. But then they get into regulatory capture. So they set up a company and then there’s a board, and then that board needs to apply for a license. And then it needs to maintain a banking relationship, and then it needs venture capital funding, and then it needs, if it succeeds, to be a public company. And then it’s just a full-blown subordinate of what I call the financial industrial complex at that stage. Then they load you up with debt, you’ve got equity and voting rights, then they have the ability to put a board seat on your company. And those are the captured vehicles.

Now what they don’t want — there are a couple of categories to simplify this down. You’ve got people that have no real money, are deep in debt. They’re kind of like the product of the system. They’re paying their interest, they’re paying their rent, they’re paying their mortgage, they’re paying their credit card. And they’re finding their situation getting worse and worse and worse. And they’re complaining, they’re able to talk about it. They’re shouting as loud as they can. But no one really cares. You could sit here and talk about, “Oh, we’ve got to do something about Epstein, the victims of Epstein.” It does nothing, right? It just carries on.

Then there’s real power, you know. Let’s say, at the corporate level, someone like Elon Musk about to do a $2 trillion IPO for SpaceX. These people are captured within bounded compromise layers. Like, “You don’t get access to the capital, we can destroy your share price. You will lose all your advertising. APAC will come at you, or the military lobby will come at you, or whatever it may be, will destroy your business.” So there’s all those levers. And most people there — it’s very rare to get a wild card there. Most people, they’re captured by the system, even though there may not be a massively blackmail-driven operation happening there. But they’re just preserving their own interests. And their own interests are designed to keep you where you don’t talk out against the system.

And this is kind of why I got into Bitcoin, because Bitcoin created all these really rich people that came from that ideology. And Wall Street went about capturing them all one by one. And all the companies I invested in, they all got captured. But the ones that ended up with a company with no VC funding, just Bitcoin on their balance sheet — the ones that got their own Bitcoin in self-custody, and they got rich, and they got influence and maybe they started podcasts and various other things — that’s the category that the system doesn’t like. Which is: rich, powerful, influential, with the ability to even create a movement with 1,000 true fans that can all pay for themselves and pay without financial guardrails. And the ability to be canceled. And then it ends up — you’re kind of just working for YouTube at that stage.

So there’s always a spectrum of subordination in everything. You’re trying to get further and further into being sovereign — a sovereign company, a sovereign country, a sovereign individual. But there’s always something you are bounded by. But when you are rich, wealthy, not subordinate to all of those layers — you don’t have a mortgage — you’re in what I call a sovereign zone. And that sovereign zone is what the system doesn’t like. They really don’t want those people because you’re in a position to actually influence change and they don’t have all the layers of control on you. And so that’s kind of rare. You don’t find many of those because they’re always stuck in a business that drives them in a different direction that makes them comply.

PETER MCCORMACK: How do we get more of them?

The Bitcoin Movement and the Crypto Psyop

SIMON DIXON: Well, that was, I think, the Bitcoin movement. I think it is about, and this is why I always thought that crypto was a psyop because it took a long-term economically sound philosophy of own more Bitcoin each month and do that for 10 years. And it replaced it with “try and outperform Bitcoin, launch this is your path to wealth, create your own version or just trade and gamble and leverage and all that stuff.” And that’s psyoped a lot of people.

And so you’ve got to get people with a longer term plan, an understanding of the rules, and then working towards being that sovereign individual. And you kind of got two ways of going about it. I think you either accept “this is the system and I understand the rules, right? I need to invest in AI companies on the stock market, and I know I’m building or I’m investing in — my money is overtly building the police and surveillance state, and I need to utilize AI to be as productive as possible.” Because opting out of it just means you are not going to make any difference or make any change.

So you either go full into the system, understand the rules of the system, and then become that person. And you know, because everyone else is just stuck down here, you’re not getting any of the upside. You’re not getting the shares, you’re not getting anything. You don’t have a business. You’re just a loud voice with no influence. And all of them need to have like a long-term plan, but everything’s driving everyone, driving people into this “get rich quick, I need to do it quickly, I’ve only got a few years left.”

And so how do we drive that? In economics we’d call it time preference. And then how do you drive that time preference behavior? Keep people on track where they don’t become subordinate and then have the kahunas to actually speak out against the system when it may punish you and make you lose all your wealth that’s connected to the system. But keep your wealth that they can’t capture.

And so you either change the system from within the system by understanding the rules, or you generate sovereign wealth outside the system and become that wealthy person that can actually just build wealth outside the system, speak against the system.

What’s at Stake

PETER MCCORMACK: What’s at stake here? Like, somebody hasn’t listened to our last two shows. What are we talking about here? What’s at stake here right now?

SIMON DIXON: Well, we are in the midst right now of transitioning to a voluntary opt-in, just due to the way the game has been set up and architecture.

PETER MCCORMACK: Architecture of what?

SIMON DIXON: An architecture of, I’d say, a one-world government control grid, where we have no choice but to lean into artificial intelligence, we have no choice but to lean into robotics for businesses in the real world that are actually building things, because you’ll get crushed. And from the individual investor that’s allocating their money, no choice but to invest it because you’ll be inflated away into nonexistence.

PETER MCCORMACK: But hold on, isn’t that just capitalism? Like, isn’t that just what happened with the internet?

SIMON DIXON: What do you mean what happened?

PETER MCCORMACK: So when we had the internet revolution, the digital revolution came with that. Companies who didn’t adopt it got destroyed. I mean, we lost Blockbuster, we lost magazines and newspapers. You had to become part of that or you were wiped out. Aren’t we just doing the same again with AI?

SIMON DIXON: I think so. However, what comes on the other side of AI? And I think this is a different game. I think structurally artificial intelligence, firstly, it wipes out the ability to monetize in many cases. So everything’s moving towards free, which is like a deflationary concept or a disinflationary concept. And quite clearly the evidence is showing that people are — the tech companies right now are investing in data centers to replace humans.

So we are moving towards something that’s going to take away jobs, but not in a similar way to the previous disruptions. Anyone that’s a billionaire invested in AI will tell you right now — that’s trying to tell you that we’re moving to universal high income and that we’re moving to — they’ll give the examples of the internet and the computer and how it created new businesses and new jobs. I don’t think that’s what’s happening in this case.

The AI Revolution: Decentralizing the Power of Technology

PETER MCCORMACK: I’ve become really bullish on AI over the last couple of weeks at a personal level. Because I’ve been going kind of like deep in Claude. I’ve been spending like 15 hours a day building stuff.

So I used to have an agency here in London where we would build websites and applications, and we at the football club have a number of disparate systems. We have our merch system and we sell merch in 3 places and we have no stock management. We sell it online, we sell at the club and at the coffee shop. We have our financial system, which is Xero. We have players that we manage and their contracts. We have staff that we manage. We have communications. In 9 days, I integrated this all into one intranet. Not only does it work, it looks beautiful because I created an AI agent with the 15 years experience of designing applications at Apple. I built an architecture of a team. I’ve got a security agent.

And so if I’d had my agency and you’d come to me with that brief, I’d say, “Yes, about a year, we’d probably get the first module out in 3 to 6 months, cost you a million quid, and I’d have a team of 12 people working on it.” One guy on his own, I can’t code for shit, yet it’s teaching me how to set up Vercel, teaching me how to set up GitHub, teaching me how to set up Supabase. I’m running the SQL queries. And God knows what it’s doing in the background, but the ability to do that in 9 days is incredible.

And then I wanted to redesign our website and we use Squarespace. Problem with Squarespace, you’re limited to the templates. And so complex things like how I want to display fixtures and results for the football team is difficult. I designed the website first and I said, “Can you create me a CMS?” And basically the last 3 days I’ve recreated Squarespace. And when I say that, obviously it’s not as good as Squarespace — I’ve been going 20 years — but it’s not far off it and it’s probably better than some other CMSs.

And I had this kind of realization, this is my bullish side of AI where I was like, yes, there’s these few companies centralizing the technology. I do have a fear about that, but the technology is decentralizing the power of tech to small businesses. And actually what it’s doing is crushing big businesses. There’s this software apocalypse they talk about, the SaaS apocalypse, and I see it because you can now build custom applications in days that run specifically how your business runs. And so any small business now, understanding Claude, can go and build any application they wanted that they couldn’t have access to before because they weren’t big enough. And so I’m seeing this kind of like decentralization of technology and the power of technology, and hopefully that will empower smaller businesses. I might be on my own here.

SIMON DIXON: I don’t think you are, but that’s exactly how everyone needs to lean in for the next few years because this is happening. Like, if you want to waste an incredible amount of time, go and burn data centers and fight against this. And unless you can go off the grid and you’re genuinely happy in that life, and you’ve figured out your income, you’ve figured out your assets, and you just want to escape, then fine. But virtually no one’s in that position.

But for everyone else, and this is the power of the psyop, as it were, everybody needs to lean in. There is no way you can fight it. You need to get excited about it. You need to utilize it. And you need to build everything you possibly can. And you need to help everyone make that transition, which is the arbitrage that’s happening right now. There’s an arbitrage between someone that’s leaned in versus someone that hasn’t figured out that they need to lean in. But maybe they know that they need to lean in and they just want someone to help them.

And so that is a massive opportunity. Like, every single business in the world needs to make that transition.

Winners and Losers in the AI Era

PETER MCCORMACK: And I think this is empowering for the small businesses, but I think it’s going to be disempowering for some of the big businesses. I think the way, for example, Blockbuster got destroyed by Netflix — Blockbuster didn’t see it coming. And I think there’s like one Blockbuster left or something now. They just refuse to embrace it. I think that’s going to happen to a lot of massive software companies because people will not need the software because you can just write your own version.

And it’s always a pain with software. You have to shoe your business into their software. And maybe if you’ve got loads of money, you can get some customization. But really, you’re always trying to adapt and you’ve got all these disparate applications that do different things. I’ve just done it myself. I’ve integrated it all into our business workflow and it’s just going to change the way we work. Like, it’s blown my mind.

We’ve created one for the podcast. So one of the problems we have with the podcast is the flow from researching a guest to booking the guest to recording it, to editing it, to publishing it. It is just a bunch of stuff in my head, Connor’s head, Chelsea’s head, Kurt’s head. In one day I built an application to manage that and we have the to-do list of every show broken down by person. It uses that Kanban design, so it just moves things across and there are steps within there where AI saves us time. We’re going to have less mistakes, we’re going to be more powerful, we can make better shows. I built it in a day. Again, you come to me when I’ve got my company and explain that system, I’m like, “That’s 3 to 4 months. That’s probably 100 grand.”

SIMON DIXON: Yeah.

PETER MCCORMACK: It’s just so empowering. What I can’t get my head around is who are the winners and losers? There’s going to be a lot of losers. If you are in a job and your job is you go sit at a desk and you’ve got a number of applications and you’re interpreting data in one and then moving into another, your job’s going, you’re done, you’re cooked. And if you are at any kind of consultancy level where there’s lots of you and you are not an AI native, you are going to be replaced by the AI native who can manage a group of agents who do.

I’ve seen it now, I get it. I mean, even to the point where I created — so one of the things I find with Claude that was difficult, it forgets things that you’ve told it and just goes rogue. So I created like a spine, an MD file of the important things it needs to remember. And then I created skills for all the different skills that would be in a web application business. So I had a frontend developer, backend developer, designer, project manager, systems architect, security. I sent them all into a meeting yesterday. I was like, “Right, go into a meeting together.” I mean, I’m just saying do that. I don’t know what it does, but “go into a meeting together, review the system and tell us what’s not been done from your perspective, discuss it with the other agents, come back with a plan.”

Claude says, “We’re all off into a meeting now.” And I sit there for a few minutes, wait for it. “Right, we’re out of the meeting.” It gave me a full document on everything that needs to be done. I gave that to the project manager to go and deliver. It’s mind-blowing. Simon, it’s mind-blowing. But yeah, I think it’s going to be volatile and a lot of people are going to be screwed.

The AI Bubble and the One World Government Agenda

SIMON DIXON: So, I think you’re an example of somebody like— I think we’re in a similar position, so I had a business, we were hiring people. At some stage we decided, do I want to be in a business around this incredibly disruptive time? Or do I just want to, do we just want to invest and deploy capital? That was like a decision we had to make leading up to this.

Then we decided, all right, we’ll spin out part of our business and we sold part of our business to Coinbase. Then we decided to keep the assets and then we immediately, the next decision was, okay, we need to have a hiring freeze. So we stopped hiring everybody and we told everyone within our small team at this time, ’cause the big team went somewhere else, but we were in a small team. So we kind of decentralized it down a bit and part of our business consolidated into a bigger group.

And then we were, okay, you’re not going to lose your job whatever happens, right? We had our core people that have been with us for a decade. You’re not losing your job whatever happens, but disrupt yourself, you know?

PETER MCCORMACK: Yes.

SIMON DIXON: And we had that level of trust where we were like, look, we’ve got this asset, nothing’s changing, we’re making this amount of revenue, just play with this technology and disrupt yourself, and we’ll keep you on no matter what. Like, you’ll be managing your— all of your agents and all of your things. And so a small team, we were able to do that, which is quite— it’s quite interesting in itself.

And then what happened after that? Coinbase made an announcement saying that we’re laying off X percent of our team.

PETER MCCORMACK: 17%, wasn’t it?

SIMON DIXON: Something like that, like 15% or something like that. We’re moving to a flat hierarchy and we’re building for AI first and we’re changing everything we do. And so, you’ve got a big business that needs to make that shift. Now that public company, say Coinbase, is going to have a massive boost to productivity. They’re going to lay off a bunch of people.

There’s an interesting one right now because of the business model of AI as well. There was something I looked at recently where, because of the way that the token model works — where the more you’re using it, the more you pay in tokens — people calculated that it cost us more on the AI than it cost on the staff. So our cost actually increased.

PETER MCCORMACK: I mean, that’s not for me. Yeah, it’s certainly not. I mean, I think I hit my first token limit with Claude the other day and it said, it was about 6 in the evening and I’ve become one of these AI vampires whereby I don’t even truthfully want to be talking to you now. I want to be sat there coding. Everything I’m doing, I’m like, I want to, because I want to finish my projects, right?

I wake up in the middle of the night and it’s 2 in the morning. I kind of get a water and just go and see what jobs my agents have finished and set them off on the next one. Like I’m continuous. But anyway, one evening at 6 o’clock, it said, “You’ve hit your token limit, it resets at 8 in the morning.” I was like, what the f* is this?

SIMON DIXON: Yeah, what do you mean?

PETER MCCORMACK: And then I bought some additional tokens and they wouldn’t work straight away. And honestly, that was actually a warning signal to me in that these companies can turn you off.

SIMON DIXON: Yes.

PETER MCCORMACK: And that is something that does worry me. And I do want to know what the decentralized version of this is, that you cannot be turned off. And maybe it can’t. And maybe I’m a sucker and maybe I’m building part of the matrix. We’re all f*ed.

China, Open Source AI, and the Magnificent Ten

SIMON DIXON: Yeah. Well, ironically, the answer in that is in China.

PETER MCCORMACK: Oh God.

SIMON DIXON: Because China’s open sourcing it. And so, America right now — we’re certainly in an AI bubble in terms of valuations of the AI companies. Like 50% of the S&P is the Magnificent Seven companies, and we’re about to add 3 more. So it’d be the Magnificent Ten. We’ll add SpaceX, OpenAI, and Anthropic. Okay, so we got 10 companies that are eating the S&P, and the only companies that are doing well right now have something in the ecosystem of the data center buildout that’s supporting them.

PETER MCCORMACK: Didn’t Anthropic just announce they just hit profitable EBIT for the first time, rolling profitable EBIT, $100 billion potentially rolling revenue? I mean, that’s pretty quick to get to $100 billion revenue.

SIMON DIXON: They are. And if you look at the Nvidia numbers, we’ve got revenue, like margins, unbelievable margins right now. I think they just reported that they’re doing a share buyback — I think an $85 billion share buyback. Who is? Nvidia.

PETER MCCORMACK: Okay.

SIMON DIXON: So that attracts all the growth tech investors. Then they also said that we’re increasing our dividend from $0.01 to $0.25. Wow. So now they’re bringing in all the income investors, all the old Warren Buffett type of Coca-Colas and banking, those type of dividend income investors.

So they’ve got the income investors, they’ve got the growth investors, they’re propping up the private credit market. The private credit that’s done okay is when it was in the AI data centers. That’s the backbone. That all goes back into banking. We’ve got large venture capitalists like SoftBank. They’ve sold everything and they’ve done a highly leveraged trade, a $60 billion leveraged trade that connects to the Bank of Japan carry trade in order to purchase OpenAI shares pre-IPO.

So we’ve set up this everything’s-on-AI situation — definitely very reminiscent of the 2000s dot-com era. We’ve set up a game like that financially, and then structurally on the other side of this, we know that China is open sourcing everything.

Is This Bubble Different from the Dot-Com Era?

PETER MCCORMACK: I want to get into that, but I just want to hit on that point. I think there’s something very different from the bubble. So I got into the internet during the bubble. I was a student. I learned to code HTML on my lap. I was working in a Wetherspoons pub getting paid £2.70 an hour. I put my name on a freelancers forum. I got a phone call 3 days later from e-countries.com. They phoned me up and they offered me £1,000 a week to go and work for them. I quit uni pretty much that day. I was like, I’m done.

But I worked through that period and we had so many issues with speed of the websites and them trying to do more than people were ready for, as capable. And it came to— I think the internet came too soon for internet speeds. And there was all that investment and nobody was making any money. Boo.com and Pets.com all failed.

I think there’s a big difference here in that the internet is ready for AI and the revenues are there and they are growing. I mean, I think Anthropic said they’re making 80% profit on tokens. And so I think there is a difference in these business models. There’s surely a winner takes most on the superintelligence. But I’m not worried about their business models.

SIMON DIXON: Yeah, it’s not the business model, it’s what the investment banks are doing. It’s what Goldman Sachs is doing. So they’re valuing these companies on astronomical growth on the current revenue model. And they’re selling approximately 5 years forward revenue at this valuation. And so these valuations are off the scale and they require a few things.

PETER MCCORMACK: Yeah, but hold on, isn’t that just the game? I remember — wasn’t it like Snapchat has never really made any money, but all the banks got rich on the IPO. Isn’t that always been the game? That there’s no money left for retail by the time of IPOs.

SIMON DIXON: Yeah, yeah. I mean, well, that was what was moved towards. It used to be a game where you would try and have retail make some money.

PETER MCCORMACK: Yeah, no retail, we dump on retail.

SIMON DIXON: But now it’s like you’ve got venture capital, you’ve got private equity, then you’ve got the private credit, then you’ve got the Gulf sovereign wealth funds, and then you’ve got the IPO. So the IPO is like the final game. Then you sell it 5-year revenue forward. I mean, if you’re a long-term investor, it’s like the right place to allocate, which is why we ended up giving all our power to BlackRock, because you just end up buying the S&P instead.

And now they’ve changed the game where if you are valued at a trillion dollars plus on day one, you get included in the index. So now SpaceX is in, and I’m not sure if Anthropic and OpenAI are in, but there’s probably something to learn there as we learn from it. But that puts you right in the index because the stock market relies upon 3 things now.

Money printing — if the money printer stops, the game stops. The passive index funds, which means BlackRock can determine who’s in and who’s out. The Fed can determine whether we print or not, when we rug pull, when we don’t rug pull. And then finally media — a narrative that gets all this investment, which right now we are leading up to: “China’s about to win the AI arms race if we don’t get this investment, we don’t do this IPO, we don’t do it at these valuations.”

PETER MCCORMACK: Print a bunch more cash.

SIMON DIXON: Yeah. Print a bunch more cash. And you need something to justify the money printing, whether it’s $5 trillion, $10 trillion, whatever we’re moving to next. You need to justify it. So you need a big narrative.

And one of those narratives is — if you look at what’s happening on the China side — Deepseek was the first software company to receive funding from the infrastructure play of AI and technology that China’s big fund has made. And it’s never invested in software, but this is the first time it did because it was integrated into Huawei’s structure. And it can do, of course, 90% of what’s being released in America — maybe one year behind is kind of what people are saying — but at a tenth of the cost.

PETER MCCORMACK: Why is it able to do that? Is it just making different trade-offs?

SIMON DIXON: Just different trade-offs, just different structures.

PETER MCCORMACK: What’s China up to here? What do you think?

The One World Technocratic Government Agenda

SIMON DIXON: Well, this goes into the one world government and what happened with the recent Xi Jinping and Trump meeting. There’s a coordinated agenda there, I think, in terms of — we are told that it’s China versus the private companies in America. But clearly those Magnificent Seven companies all build their stuff in China. So the whole thing of the AI arms race is real, but at a higher level, I think there’s a game that’s being played. And I think that transitions us to this one world technocratic government agenda.

PETER MCCORMACK: Are you a conspiracy theorist, Simon?

SIMON DIXON: Well, I follow money, and if the conspiracy theory matches the money, then I go down it.

PETER MCCORMACK: They keep coming true, man.

SIMON DIXON: Yeah.

PETER MCCORMACK: Does a one world government stop a world war?

SIMON DIXON: I think it does, actually. Yes. World War III — I always said this, I think I said it in a previous program — World War III is an absolute joke. It’s a joke of a narrative, but it’s what the media is pushing and it’s what the algorithm is trying to make you think will happen. Because within one phone call, if it was real, the entire US military-industrial complex cannot produce a weapon without China. The entire US military-industrial complex needs the supply chain of China, as does the entire US tech sector. So World War III is not possible. So why are we continually being told that we’re going to World War III? Well, to me, there has to be a bigger agenda.

PETER MCCORMACK: Well, I mean, they already have weapon stockpiles. They already have nuclear weapons. They can fire them.

SIMON DIXON: Yeah, I’m taking nukes out of the equation. Like, that’s end of world stuff.

PETER MCCORMACK: Yeah, but I mean, that to me is the only World War III. Everything else is proxy wars. In little nations that we don’t care about, where we’re happy to just drop bombs on innocent people.

The Currency War and the Petrodollar’s Unraveling

SIMON DIXON: That’s how I guess— but when we get back to the AI stuff, Deepseek raised at about $45 billion valuation, and we’re looking at everything else in the under a trillion or up to 2 trillion with SpaceX. The entire economy of US growth last year, if you took out the data center build, was nothing. It was a useless economy.

We also know that there is a currency war. That’s certainly one of the most interesting things that are happening right now. As an alternative to World War III, like an actual physical war, I think. But that’s always been— every single war, there was always a currency war before the war. That’s always been the number one tool. And we know that we’re moving down this whole programmable money, programmable securities, programmable everything. And that’s kind of where we are right now in the world.

PETER MCCORMACK: Where do you see us in 5 years? What does the world look like in 5 years? Is all this change that’s happening going to happen fast?

SIMON DIXON: I think it is happening fast. So I think the future of America is— all the growth is coming from the AI and the data centers. That’s where it is right now. Tech is eating the S&P. There is a moment when the data centers are built. Then what happens?

PETER MCCORMACK: We don’t need any more.

SIMON DIXON: Yeah. Well, there’s not enough energy in the world to power all this AI. So either what we’re doing is unsustainable or there’s a new model, and the new model eliminates everything that everyone’s investing right now. China’s already got it. They’ve got the whole solar panel, renewable energy, electric vehicles, batteries, rare earth minerals — that whole supply chain, which is why Tesla needs China to make Teslas.

But what is the stock market, which is now pretty much dependent upon the success of these IPOs that are about to happen? If they’re a buy the rumor, sell the news event, and there was a real structural correction after these IPOs and it was a rug pull — and what SoftBank is doing, it leads to a dump.

PETER MCCORMACK: What do you think?

Trump, Iran, and the Timing of the IPOs

SIMON DIXON: I’m really split between— this is why I think they’re timing the opening of the Strait of Hormuz with the IPOs. I think Trump wants to make sure that liquidity is there. And so it’s kind of on-off, on-off, open, closed, open. I reckon they’ve already signed a memorandum of understanding. We’re getting back and forth this weekend as we speak. I think they’ve already signed it in May.

PETER MCCORMACK: All ready for the midterms.

SIMON DIXON: I don’t think midterms matter that much.

PETER MCCORMACK: I think psychologically they matter.

SIMON DIXON: I think Trump knows that he’s fulfilled his task. He’s split the world into multipolarity.

PETER MCCORMACK: He’s done his job.

SIMON DIXON: He’s made a shit ton of money. He’s effectively laid the foundation for killing everything that propped up the dollar. All of the deep state operations, all of the USAID, all of the data over to Palantir, Department of Government Efficiency, all of the reputation of America with Epstein files — everything that was covert before that propped up the dollar is now over.

And then you had the event that sets the new world order, which is — if America can’t open the Strait of Hormuz, then you have the Suez Canal moment of the British Empire. And it’s obvious that that’s what’s happening right now.

So right now, I think Trump needs a Hollywood movie of how he forced Iran into signing a deal. And I think Iran will agree to that in the negotiations. You get your Hollywood movie, then we’ll have this moment when everyone else in the world realizes Iran did it. Can we do that again? Can we now sign with China? Can we now do the Belt and Road Initiative? And can we actually get rid of our IMF debt? Seems like there’s a way now. It seems like there’s a path.

How do we do that? Well, we need to deconstruct all of the things that made sanctions possible. We need to deconstruct the SWIFT system for the rest of the world. We need to take away the layers that propped up the petrodollar, which is OPEC. People see it as—

PETER MCCORMACK: Who just left OPEC? Didn’t someone just leave OPEC?

The UAE, FX Swap Lines, and the End of the Petrodollar

SIMON DIXON: UAE just left OPEC and they got an FX swap line. And what that means in simple terms is — the way the Eurodollar system works is that if you get access to the Federal Reserve FX swap lines, which is where you deposit your currency and they lend you dollars and the Fed creates those dollars, it’s handing over the creation of dollars to an alternative central bank.

That’s an exclusive club that was for the Bank of Japan, the European Central Bank, the Bank of England, the Bank of Canada, and the Swiss Central Bank. Now, an FX swap line was given to UAE. That means that UAE can now create dollars. So if they want to have the guarantee of the Federal Reserve System, but within UAE — and who are UAE? They’re the center of circumventing sanctions globally. Iran does all of their trade through UAE, and we are meant to believe they’re at war right now. But all of the sanctions circumvention happens via UAE, via Hong Kong, via Singapore, and all of the gold to oil routes.

And what else did UAE get? Well, we’ve got an FX swap line, so it now can have a system that’s guaranteed by the Federal Reserve. And that was framed as, “Oh, UAE’s in so much distress, they’re about to die and we bailed them out.” They’ve got $250 billion in reserves and $2 trillion of US assets. And the average American is struggling with the cost of energy because of the closure of the Strait of Hormuz. Their bills are going through the roof, and they’re meant to believe that they’re bailing out UAE.

What else did it get? So then it came out of OPEC. OPEC was the other half of the petrodollar. It was the agreement by the International Monetary Fund, the post-World War II Bretton Woods order, where you would take your dollars that you priced in oil — so you would sell your oil for dollars — and then you would reinvest them into US Treasuries. But the bit that most people don’t know is that then it sticks within the Federal Reserve System so they can sanction them or wipe them away. That gives America its control.

And then what you have to do with the yield on the treasuries, you have to reinvest it in US companies. So your defense contract was you have to spend it into the US stock market. Then it comes back with US companies getting contracts and they build a foreign base, and then they say, “We’ll protect the petrodollar.”

CBDCs, Gold Markets, and the BRICS Realignment

SIMON DIXON: So now, well, you’ve broken the petrodollar. The petrodollar no longer has that system. What else did UAE get? It just so happens that the Bank for International Settlements was creating a network of central bank digital currencies called Enbridge. That Enbridge project was transferred over to UAE, and UAE have a network of central bank digital currencies that connect Saudi Arabia, China, Thailand, UAE, and Hong Kong.

Then we got an announcement from Hong Kong just the last few weeks that Hong Kong is now taking on the infrastructure of the gold clearing system for derivative products that used to be in London. And so now Hong Kong is starting to get the ability to issue these gold derivatives that aren’t backed by physical gold — i.e., the same scam that happened in the West — and it’s integrated into China’s Shanghai gold market.

So there’s another thing that’s built up here. You’ve got a network of CBDCs that plug into China’s CBDC, all clearing via UAE. They’ve all got their system there. You’ve got the petrodollar that is now — what happened 11 months prior to UAE leaving OPEC? They signed an energy pricing agreement with BRICS. And so now you’ve got this — and what is the end result of the closure of the Strait of Hormuz?

Iran, who’s the largest sovereign Bitcoin miner in the world that mines Bitcoin at the cheapest rate in the world, backed by nuclear energy — we’re meant to be negotiating nuclear weapons when in the end they’re going to have, for the first time, a capitulation on their ability to have a civilian nuclear energy programme. And then when you remove sanctions, which is what’s being negotiated, what happens then? Well, you’ve got 2 to 4 million barrels of oil for an OPEC member because Iran is in OPEC. Now that’s moving all over to BRICS.

Who joined BRICS? Right prior — like a year prior to this — UAE, Iran, and Egypt. Saudi did a holdout and said, “We’ll be an observer.” And then what did we get? We had October 7th. Then the IMF bribed Egypt and said, “We’ll cancel your $18 billion debt if you ethnically cleanse the Palestinians.” Egypt said no.

PETER MCCORMACK: That’s a big claim.

SIMON DIXON: That’s exactly what happened. The plans were all released. The whole ethnic cleansing plan was to put all of the Palestinians in the Sinai Desert and then expand the war into Egypt.

PETER MCCORMACK: Well, I’m aware of that. When you say ethnically cleansed, I was—

SIMON DIXON: Ethnically cleansed doesn’t mean genocide.

PETER MCCORMACK: Yeah, no, it also means—

SIMON DIXON: It means you take the Palestinians and put them somewhere else. You move them, expel them, whatever. So that was what they were meant to do.

But then prior to that, what happened? China normalized between Iran and Saudi Arabia. You had all those trade agreements. UAE was doing all the trade flows for all the sanctions circumvention. You had all these gold markets, you had gold that was completely flowing out of the West and into the East. When you look at all these flows — and you had Egypt that decided they took GCC money, they took Gulf country money, and they took China Belt and Road Initiative money, and they stopped taking IMF money. And then they didn’t accept the ethnic cleansing.

And then we had this whole tit for tat between UAE and Iran. We also had a tit for tat between UAE and Saudi Arabia. Good cop, bad cop, good cop, bad cop. And what did they all destroy? They destroyed the infrastructure of the American bases and they destroyed energy infrastructure very specifically and very targeted.

Seeing the Matrix

PETER MCCORMACK: So do you see this all like Neo sees the Matrix? Do you just see it all?

SIMON DIXON: Yes. I mean, to me, this is an alternative to World War III, which is that world leaders recognizing that World War III can’t happen, they negotiate better outcomes. And who is the world leader in the West? Well, I’ve already said in previous episodes, that’s private corporate interest.

PETER MCCORMACK: Yes.

The Military-Financial-Technology Complex and World Power

SIMON DIXON: That’s military industrial complex, financial industrial complex, technical industrial complex. So when you go to a meeting between Xi Jinping and Trump, what happens? You get the executives of all the banks, the FIC, you get the executives of all the technology companies, the TIC, and they sit down for a check-in report with Xi Jinping and the Chinese Communist Party. On how they’re splitting up the world and how these new energy routes, moving us to this multipolar world while they build out an AI center with a few rug pulls built in.

And this is what I’m trying to say, the rug pulls that are built into this. How was the Belt and Road Initiative funded? It was funded by selling US treasuries. So they went from one point, China’s position went from $1.4 trillion down to $650 billion now. All of that was invested in the countries that built all the alternative routes, all the train routes, the port routes, the shipping routes, all the alternative was all built out.

And so you can see that everything’s been split up. And then we get a very interesting sequence of events. Nord Stream Pipeline’s blown up. That subordinates Europe and Germany, forces them into LNG contracts, renewable energy. What’s renewable energy? It’s all powered by electricity. So Europe doubles down into its renewable energy. We get Nord Stream Pipeline, we get Ukraine war, Russia war.

What happens with Venezuela? You could see before Venezuela, the Iran assets were being moved, the Russian assets were being moved. China was building up all of its oil reserves and it was allowed to happen. We also had the same happen in Syria. Iran allowed it to happen. Russia allowed it to happen. China allowed it to happen.

PETER MCCORMACK: Okay. I’ve got a question. So what’s happening with Cuba? What’s that part of it?

SIMON DIXON: Well, the Western Hemisphere is MIC and TIC owned. And so an energy crisis is needed. So you choke off all of its oil supply with Venezuela. You then do a beta test for crimes against humanity and people not being able to go to hospitals, people not being able to travel. If you want energy in Cuba, you have to download an app and it will give you your allocation. You probably have your carbon credit score, and you destroy the currency and you agree with Russia and China. Is this MIC, FIC and TIC’s part of the world? They’ll say, well, I want Ukraine, I want Taiwan. They split the world up. They agree what’s going to happen.

PETER MCCORMACK: China’s getting Taiwan.

SIMON DIXON: Taiwan, definitely China’s getting Taiwan, which is why they’re building the infrastructure for chip independence. So you get an investment in Intel, you get Biden that signed the CHIPS agreement. So you invest the $50 billion in chip infrastructure and independence. This is multi-government. You can see it from Trump to Biden to Trump.

PETER MCCORMACK: So they’re like, don’t take Taiwan yet. Let’s build out our fabs.

SIMON DIXON: Taiwan. Yeah, Taiwan. China’s getting close to chip independent and America’s going to be building their chip independence. And then Taiwan’s just not that important.

PETER MCCORMACK: What happened to Thomas Massie? Is that a side gig?

SIMON DIXON: Thomas Massie. So he was taken down by the Israeli lobby.

PETER MCCORMACK: Definitely.

Factions of Power and the One World Government

SIMON DIXON: There is a faction of power that is still the old neocons, the radical Zionists in Israel. And even factions of the IRGC that create the strategic tension that justifies all the war in the Middle East. That circle, neocons in America, the funding of resistance that justifies war, and Israel always pretending that they’re about to be taken out and you need to protect the Jews. So they build an army, they get population growth, and they expand and justify wars, destabilize.

And that faction is, I would say, the power faction aligned with the military-industrial complex, which is more nationalistic. And that’s like the boomers that remember the dollar’s old day. The financial-industrial complex is more global, it’s transnational, it’s sovereign wealth funds, it’s China, it’s Goldman Sachs, it’s JP Morgan. It’s all that transnational capital. So they’re global in nature. They’re like the globalists, let’s call them. And then you’ve got the technical industrial complex, which is the One World Government.

And so what you’re seeing here with all of these wars is a MFTIC — Military, Financial, Technology. They’re taking all of America’s assets and they’re building them in all of these different centers. And so that’s the multipolarity. Movement away from making the dollar less relevant, but asset stripping as you’re taking away the dollar, putting all the value into the stock market, fiscal dominance, rolling over the debt, quantitative easing, the AI narrative you need to manufacture a pump and dump cycle. Everything you need there.

PETER MCCORMACK: Is this just the way the world works? Like, is it like, don’t be a baby, this is the way the world works, suck it up?

SIMON DIXON: This is the way the world has always worked. There was the British Empire, was the Dutch East India, the British East India Company, the Bank of England, the government taking on the debt and the people that needed to buy into a narrative. That’s the British Empire. Steal all the assets, steal all the resources, manufacture war until you’ve taken all the assets and then hand over to a new empire, which was the American Empire.

PETER MCCORMACK: We just have newer technologies to do it with, but it’s exactly the same.

SIMON DIXON: Exactly the same. Before it was ships, now it’s artificial intelligence.

What This Means for the Average Person

PETER MCCORMACK: Okay, so then what does that mean for the average Joe? Just a normal guy who’s finding life getting more expensive. It’s like, this is just the reality of life.

SIMON DIXON: The money—

PETER MCCORMACK: We don’t have trickle down, we have trickle up. All that happens is money is going to get extracted from you through purchasing power, and you’ve got to find a way of, I don’t know, a life that works for you. It’s a big club and you’re not in it.

SIMON DIXON: Well, okay, so examples of things that have worked. Firstly, you vote with your money. Politics is gone. If you’re wasting time on politics, I think you’re wasting vital energy.

PETER MCCORMACK: That’s literally half my life, man.

SIMON DIXON: I mean, I only really looked at politics once I’d already made it. And I do think that politics isn’t— I think it’s a waste of time. I really do think it’s a waste of time for most people. You need to build for yourself, and it starts with you and your family and your community, and that’s where you need to build outwards.

PETER MCCORMACK: You’ve got to understand the game, the system, and build within that.

SIMON DIXON: The things to understand about the system is that capital is to subordinate you. So if you take on debt, it’s because you are the product of someone else. Someone else is, you know, you are the asset of someone else and you are the product. So when you take it on, you have to have a very clear reason why you’re taking it on, and it better make you more money than the interest you’re paying. And it better lead to an asset that gets you ahead of the game, or just don’t touch it.

If you are selling shares in your company, it’s subordination to whoever’s buying those shares, and it moves as a spectrum until finally you’re a public company and you are the system. So capital is subordination. Is there a way that you can utilize all the things that you talked about with AI to really do the opposite of what Silicon Valley and the American and British Empire would tell you to do?

So they’ll tell you that you’ve got to build a ginormous company, become a public company, employ lots and lots of people. It starts with venture capital, then it goes to PE, then it goes to public offering. Can you just build a micro business, given the fact that you can utilize all these AI tools? And can you avoid the subscription services to the extent possible by building stuff? You start with the subscriptions, but then maybe you replace them one at a time. You will have choices. Go for it.

PETER MCCORMACK: The two choices are — it’s kind of blue pill, red pill, right?

SIMON DIXON: Yeah.

PETER MCCORMACK: You take the blue pill, you’re subordinate to that system. You can have a great life within it if you manage to somehow beat the inflationary trap, or you become a sovereign and then you are outside of the system and you can probably find happiness in both. I mean, there’s a lot of people subordinate to a system that don’t think about it like you do, that would listen to a podcast like this and go, ‘Well, he’s just f*ing crazy. This is not true. Who I vote for will change my life.’ Yeah, well, we’ll get better and go to work. And then they earn their wage, they collect their pension, and then die. They might be perfectly happy with that. And then there’s a few of us that look at this and go, ‘This is shit. It’s not working.’

SIMON DIXON: You can see on the macro that what looks like happiness—

PETER MCCORMACK: I think this country’s depressed. I think we have got large-scale national depression. I think we’re having a rise of both left-wing and right-wing populism.

SIMON DIXON: And that’s the same in America, by the way. So even if you’ve got the— here’s the capitalist system, and then let’s say European and UK has kind of been a fallen empire and we know what it’s like, we’re a bit more skeptical. The Americans are still holding on to ‘we rule the world, look, Trump is kicking ass, stealing all the oil, we’re going to win, we got the oil, everyone else is going to die.’ Like, if you still got a bit of that in you, you’re still looking at the statistics across America and it is an absolute pandemic in terms of how people are.

PETER MCCORMACK: So it’s, in some ways, the anti-capitalist socialists have got a point. In that this is an ugly system. It’s okay if you want to play it. Some people want to play the game, they’re happy to play the game, but it’s an ugly system that needs a lot of subordinate people. And I’ve been like shouting, ‘We need free market capitalism,’ and it’s like, we’re never going to get it. So do we need a new term? Do we need sovereign capitalism?

Capitalism, Communism, and the Banking Psyop

SIMON DIXON: Maybe we do need a new term, but I completely reject that the Ricardian banksters that created the economic psyop, that indoctrinated our education system in order to create a science called economics that took out the most important thing — which is the foundation of money — and built a nation of investment bankers and central bankers and FIC employees that all are preserving the system, had anything useful to tell us in the first place.

And that whole capitalism versus communism was a psyop to justify war, and it was funded by the same bankers. People think, ‘Oh, China and Russia, communism was a creation of the East.’ Like, communism was a creation of the West. Communism was created — communism and capitalism and socialism was a construct and words and labels put on models that are completely disjointed from reality. I know, I spent 4 years studying them, and it wasn’t until I left there that I understood actually how economics works.

And these labels of capitalism, communism, are completely designed to create another left and right paradox to make you think that the solution is to keep changing the system. But in the end, it’s the money. Like, you started in the right place, the What Bitcoin Did podcast. It is the money that determines, and capitalism and communism and socialism are designed to feed the same central banking system. And they came from the same place.

PETER MCCORMACK: But we can agree that communism is the worst model, the most dysfunctional economic model. Can we not agree on that?

SIMON DIXON: I think communism and the version of capitalism built on central banking leads to the same result.

PETER MCCORMACK: What result is that?

SIMON DIXON: The result is the concentration of power upwards. One happens faster, one happens slower.

PETER MCCORMACK: Sure. But is one 1984 and one is Brave New World? Like, do we get Brave New World in a capitalist—

SIMON DIXON: One is ruled by government, the other is ruled by companies, ruled by banks.

PETER MCCORMACK: Sure. But in the more—

SIMON DIXON: And in the bank’s version, you don’t know who’s in charge.

The Hollowing Out of the Economy

PETER MCCORMACK: But in the capitalist version, we do get the creation of more wealth and prosperity and productivity, and those productivity gains do disseminate down to society. And even the poorest people have got laptops and mobile phones. No one really goes hungry in this country. Sure. And it’s worth pointing out, and I’m not minimizing it, there are kids whose parents cannot feed them probably the 3 meals they want. But generally speaking, no one in this country is starving to death. It doesn’t happen, whereas it would have historically. But in communist societies, we have had people starve to death. We’ve had tens of millions. Can we not recognize that?

SIMON DIXON: Yeah, absolutely. But let’s look at— let’s not look at the extremes because they never are what they say. The communist model is never communism and the capitalist model is never capitalism.

Look at the countries. So as a country, you have resources and you have ways of allocating those resources and where there is a deficit, you have to go to another country and you have to build a partnership in order to figure out how to solve that. There are models that came from economics that were specifically designed to subordinate and steal resources from other countries. And they called it capitalism, they called it neoliberalism, they called it IMF loans, they called it whatever they want to call it. But it was a mechanism for ensuring that your resources come to us and we get to build product from it. And by building product from it, we get the margin and we get to sell it back to you, but we lend you the money in order to buy it back from us. And then you have starvation, but you send us your food.

This was not an accident. That was a deliberate model of ensuring that they could never— that the price of goods is going up, but the commodities are effectively giving you less and less margin. So you get poorer and poorer and poorer if you are just selling your commodities and not manufacturing something.

Now, the countries that didn’t manufacture, it wasn’t because they thought communism was a good idea. Because if you look at China, the communism was funded by the Soviet Union. Where did the Soviet Union come from? That was the Bolsheviks. The Bolsheviks was to take away capitalism from Russia because Russia had the right model, which was a mix of using your resources to ensure—

And Singapore’s the best model— I’ve always thought Singapore’s the best model in the world. Singapore, when it decolonized, said— before we go, and I told Bukele this when I went to El Salvador as well— before we do this, they made sure that there was a program that all the local Singapore people would end up with their houses and land.

The opposite of what they did in Hong Kong. And if you go to Hong Kong, I lived there for years. You go underground— I went under there. There are coffin box houses of the local Cantonese that were shoved underground in tunnels and pushed out to the islands while all the largest population of billionaires own all the real estate. You would call that capitalism.

In Singapore, they said, no, we’re going to make sure that you have a program that you end up with your real estate and you end up with your land. And they did that before they grew and they made sure they pushed everyone into it. You would somewhat call that socialism. They pushed everyone into it. And even in China, 95% of people own their land and real estate. Then they became, in Singapore, they felt like they were shareholders.

Imagine if that was done in El Salvador, right? Imagine if before inviting all the wealthy Bitcoiners in, you made sure that every Salvadorian had a program where they would end up with the benefits of the increase in the property price and land price as El Salvador transforms itself. Instead of now having the wealthy Bitcoiners come over and take over all the land and buy everything, and create the next Hong Kong, you actually implemented a little bit of what’s right. And we’ve always seen this. You can see this in capitalism, right?

PETER MCCORMACK: Isn’t that what the guy wanted to do in Honduras? I can’t remember his name.

SIMON DIXON: Yes. And what happens to them? They always get assassinated.

PETER MCCORMACK: They get assassinated and they went to war with El Salvador.

Resources, Wars, and the Subordination Network

SIMON DIXON: The story of every single war in the world is when someone tried to do that. What’s Iran’s biggest mistake? What’s the thing that they’ve done that was the crime that was unforgivable? They nationalized their oil and said, we want to do what Saudi does. We want our oil to mean that you pay no tax and then you can all create capitalism and create as many companies and we don’t need to tax you.

And that’s why every country you go through, every single war, it’s someone tried to use their resources or tried to distribute their assets in a way where they couldn’t be given at complete with no margin to the West. And that’s every war. So if you can—

PETER MCCORMACK: So we’re the bad guys? I don’t think that—

SIMON DIXON: I think that the people are also victims of the same system. Victims is not the right word. There is a subordination network and it serves the central banking system. And the Dutch created it, the British created it. And we put it in America and it was designed to produce exactly what we are getting. And it created all the wars and made sure that people were in a constant state of poverty so that we could have their resources by design deliberately.

Now the people were the product. We became debt slaves and we either figured out how to use debt in order to own real estate so that we could get on the right side and you became one of the boomers that actually kind of beat the system, but you worked for the bank. So you either become part of the system and who are the ones right now that are just saying, just print, just QE, just get those stocks up. I’ll let my children have my house. Juice it, juice it, baby. Just please don’t break anything.

PETER MCCORMACK: Yeah.

SIMON DIXON: Just don’t break anything. It’s the people that were co-opted into the system where all their wealth— and now I’m just about to retire. I need that. That pension’s got like $2 million, $3 million.

PETER MCCORMACK: Just juice it for me, man. Yeah.

SIMON DIXON: And the kids are just saying, oh man, just crash it. I just want to buy a house. Just crash it. I want to buy it. And they’re like, no, don’t worry. You’re going to have it. And then the government says, well, I’m going to tax it and we’re going to inherit and tax it. And then we’re going to start a wealth tax to make you sell it. And then we’re going to tell BlackRock that they can buy it because they can create a corporate structure where they don’t have to pay the tax.

PETER MCCORMACK: Or we’re going to create an exit tax. So you just have to stay here and suck it up, motherf*er.

SIMON DIXON: Yeah, yeah. And build your business based upon— you look at every restaurant across, they just work for the bank. They just work for the landlord.

London Is Cooked

PETER MCCORMACK: Dude, I went out in London recently. Bear in mind, I used to work down here. I had my advertising agency in Covent Garden. And when you work in advertising and you run the company, you have a lot of meals out. And during that period, we’re talking 14, 15 years ago, London was busy. You could not get into Hawksmoor in Covent Garden on the day. Just wouldn’t happen, right?

Anyway, I had a night out in London the other day. It was a Thursday night and I went to an Italian restaurant and it was half full. Now, this is a good Italian restaurant that used to be probably full on a Tuesday. Half full. Service was crap. The meal was £350 for 2 people. We had a bottle of Prosecco. £350. I was like, that’s interesting.

Went to Opium for a drink afterwards down in Chinatown. There’s these 2 different bars, Opium and the Experimental Cocktail Bar. They’re the kind of place where there’s just a door and you only know about it if you know about it. And there’s a guy at the door— used to turn up at these and say, can I come in? They go, have you got a booking? No, you can’t get in. Now you just turn up and you get in. 3 floors are over. Go in now, only 1 floor is open. 8 people were in there. We had 4 cocktails and it was £115 for 4 cocktails. I was like, that’s expensive.

Then went to Ronnie Scott’s. Ronnie Scott’s used to be my favorite place to go. I never used to go and watch jazz shows. I used to go to the upstairs where it was kind of like a bar but more of a disco, and you’d have random stuff— a guy reading poetry or a random band playing— and it would be packed. There’d be 80, 100 people in there all night. They’ve refurbed it. They spent £4 million, I think, on a refurb, and they’ve made it like downstairs, so it’s a proper little amphitheater. It’s beautiful what they’ve done. 15 people were in there.

And that evening I reckon I spent about £600-£700. Yeah, it’s a big night out without being a big night out. That’s a night that would have cost me, back when I used to work here, £300.

SIMON DIXON: Yeah.

PETER MCCORMACK: So I can’t believe the amount of money I’ve spent. Everywhere’s half full or empty. Everything’s really expensive. There’s no rich young— because London was propped up by rich young people. Yeah, they’re not out. They’re not doing things. I was like, London’s cooked. Yeah, we’re done.

The Inflationary Spiral

SIMON DIXON: Yeah. And think what— let’s bring it back down to that. So what are the 3 things that the Strait of Hormuz closure did? Well, it created food price inflation off the scale. So that was the second one, was energy, and then it stopped the possibility of rate cuts. And so you create an inflationary spiral that then requires rate hikes.

PETER MCCORMACK: No one can make any money at the moment.

SIMON DIXON: So think about the average person. You got food, interest, and energy.

PETER MCCORMACK: Yeah.

SIMON DIXON: So you’ve wiped all them out.

PETER MCCORMACK: Yes.

SIMON DIXON: And the people at the top, well, I don’t care what you charge me, I’ll pay for it. I’ll complain about it, but I’ll pay for it.

PETER MCCORMACK: But there’s a lack of disposable income that is hollowing out the country. This is why I think the country’s depressed. A lot of people unemployed, people just— what’s the point in working now? Surely there’s an end state where they go, hold on, how subordinate can we create this country?

SIMON DIXON: Yeah.

PETER MCCORMACK: Or is it just no choice? You’re like, you don’t have a choice, you’ve got to live. Basically, you’ve got to live. So you’ve got to go to work and you need to feed yourself and warm your home, whatever. But you’re not going to have a holiday and f* you because, all right, go die.

The Manufactured Enemy

SIMON DIXON: Well, they want you to either be homeless, which means you’re useless to them at this stage. You don’t have an address, you can’t take on debt, you’re no longer useful to us. Or they need you— your job pays the maximum amount in interest, in energy, and in food. Ideally just interest, and you pay the rest through more debt. Or you give us all your money and we manage it for you.

And angry enough to keep voting. Yes. And then you need to create the fake enemy. Originally it was the communists. And I’m not saying that communists aren’t an enemy, it’s a horrible ideology. But it was created by the same people. And so you have the communist energy. When that got too tired, you created the terrorists. When the terrorists got too tired, you created the immigrants. And so that’s the narrative. It’s the radical left, it’s the far right, mix them all up, put them in a pot. Fund people to lead movements, use algorithms in order to galvanize them, build their social credit score, and you’ve got them all looking at the wrong enemy.

And really it is a systemic system of subordination that our governments— even just focusing on the government, you’ve got to go— once you get a layer above government, pretty much everything makes sense. And that’s the aha moment for me.

PETER MCCORMACK: So, right, okay, so Keir Starmer, yeah, his worth is gone. We’re going to get in Andy Burnham, who’s going to be allowed to come in, who’s going to raise capital gains tax to be level with income tax, and he’s going to do a wealth tax, and he’s just going to extract more money. Yeah.

The Golden Pill: Finding Purpose in a Broken System

SIMON DIXON: Or you get the other far right side, which will say, guess what? It’s the immigrants, it’s the Muslims. We’re going to have a white nationalist movement. And then you get a civil war. And then they engineer that. The MI6 will make that happen.

PETER MCCORMACK: We’re so f*ed. Yeah.

SIMON DIXON: So then you go, what’s the layer up? The layer up is you vote with your money. And that’s where the change happens. So what is your job now? What is your job? Recognize the system as it is.

PETER MCCORMACK: What is my job now? Right now, Mr. Podcast Man, it’s difficult, right?

SIMON DIXON: Because I think you— this is my analysis and you can tell me whether I’m wrong. So you started on the Bitcoin side, you figured everything out about Bitcoin. It put you in a position where you can observe this system without being subordinate to it. Then you covered all the scams and psyops and alternatives and got everyone away from the bad behavior. Then we have the Wall Street takeover. You end up having to sponsor some central— I went through the same journey.

PETER MCCORMACK: Yeah, you know, it’s like this is your life.

SIMON DIXON: Yeah, yeah. Then you realize, okay, you know, you have to support a bit of that, but hopefully everyone gets the Bitcoin in self-custody. In the end, then you realize this is boring. Like, how many times can I talk about Bitcoin? I think we figured this shit out now, how it works.

PETER MCCORMACK: And a little bit of that, but a little bit of like, oh, now I see how the system works. I want to go back and throw some hand grenades into it. Yeah, like fix it.

SIMON DIXON: Yeah. And that’s that place we talked about in the beginning. Yeah. Which is wealth, influence, podcast traffic, wealth, F.U. money. And the ability to sit down with people and actually have the conversations that you’re not meant to have. And so I think you’re on track.

PETER MCCORMACK: I’m on track.

SIMON DIXON: I think you’re on track. But at some point, I feel like we’re in a situation where I think the actions that everyone takes for the next 5 years is really going to define them. And I think you’re right, the understanding how the system works is really depressing, and it can take you to a really dark place.

PETER MCCORMACK: It has.

SIMON DIXON: Yeah, yeah. But that dark place has to go to the next level where you’re like, right, I understand how it works, I know the rules, I’m not distracted with what they want me to focus on. So how do we help as many people as possible manage this transition, which is, I think you’re saying, Simon, we’ve done two podcasts on the really crazy shit.

PETER MCCORMACK: You’re either—

SIMON DIXON: People believe you at this stage or they don’t. You’re either a wacky conspiracy theorist or you figured it out, or you’re somewhere in the middle. And everyone’s got their own opinion based upon their own backgrounds, their own experiences. This is the best of my thinking. But once you know, you know, you can break it down to pretty simple rules, which is lean into the whole world, the whole Monopoly board is being thrown up by, I believe, an agenda to build a police and surveillance state of programmable money, social credit scores and artificial intelligence. Right. It is what it is. You’re not going to stop it. It is what it is. So what do we do with that? Well, we try to figure out the decentralized version. Maybe that happens, maybe it doesn’t. But in the meantime, we need to make as much money from this AI thing as possible.

From Black Pill to Golden Pill

PETER MCCORMACK: Have I told you about the golden pill?

SIMON DIXON: No.

PETER MCCORMACK: Okay, so I arrived in the world of Bitcoin blue-pilled and just like ran into a world of people with ideas who’d read books I’d never heard. I never heard of Hayek. I didn’t even know what libertarianism was. I didn’t know what central banks, like what they did. I just didn’t know any of this. I ran in blue-pilled into a wall of red-pilled people to go, “you’re a f*ing idiot. How do you not know this?” I don’t know it. I’m just a moron from Bedford who started a podcast because I bought some Bitcoin and then I became red-pilled. I was like, I really understand this system.

And then before I went red-pilled, I went white-pilled. I was like, okay, I’m going to do some good. Ran into a wall of bureaucracy and bullshit and lies and reality that I couldn’t do anything about. Then I went super black-pilled. I got dark and I actually lost my motivation over the— and I’ve been ever since Simon, I was like, I could deliver a newspaper. I’ve worked and I didn’t just have one paper round, I had 3 paper rounds and I got a job in a shop. And then at 18 I was like, make me the manager. And then I went to uni and I quit. Started building websites, and then I started an agency. And like, I’ve done okay, not super successful, but the agency had 40 people. Then I did that and I started a podcast, going to make it the biggest podcast. Like, I’ve never stopped working and putting the hours in. And over the last year, I lost all my motivation. I did.

SIMON DIXON: I would—

PETER MCCORMACK: I used to get up at 6 in the morning, work all day. I’d be getting up at 7, 8, drop the kid off at school, go to the gym, probably start work about 10:30. Do 5 hours, I can’t be bothered, cook dinner. I was quite happy, really happy with that. And then when this AI thing— I’ve got my mojo back and I’m again getting back up to 6. I’m working 14, 15, 16 hours. I can build something, I can see something.

And somebody said to me, “you’ve been through all this, you’ve done the black pill, you’ve been— you need the golden pill.” It’s like, what’s the golden pill? It’s like, that is kind of your hope. That is you. That’s you. You’ve had every pill. You know how it works. You know how the system works and you have a choice of blue pill. We don’t want to do it. You’ve understood through the red pill, you’ve had your depressing black pill moment, you’ve had your white pill. Now it’s like the golden pill is like, “this is reality and I’m going to build my world in it.” Yeah, that’s it. And I like that idea.

SIMON DIXON: I’m going to use that. Yeah, I think I’m in the golden.

PETER MCCORMACK: You are in the gold. Like, I’m behind you. Like, every time I talk to you, I go, you know, me and Connor get in the car and we go and we’re like, “f* this, we should do what we want, we should.” And then I just get sucked back in a little bit.

SIMON DIXON: Yeah.

PETER MCCORMACK: Get sucked back in a little bit. But I have got my mojo back with this AI thing and I want people to know about AI like I want them to know about Bitcoin. I’m like, you should know about Bitcoin and you should be buying Bitcoin and you should be protecting yourself and understanding the system. But also you should be building with AI. Because I do think what’s going to happen is this, it’s like a gold rush really.

I’ve got an idea for a company. I’m not going to tell you it, but I’ve got an idea for a company. It doesn’t exist. I can build it. If you’d asked me to do this like 5 years ago, like, well, I need to go to Andreessen Horowitz. I need to ask for $10 million and give away 30% of my business and then find a tech director. And, you know, in 3 months we’ll have an MVP and, you know, go on that journey. I can build this entire product on my own in a week.

Sovereignty, Family, and the Small Business Revolution

SIMON DIXON: This is the golden pill.

PETER MCCORMACK: Yeah.

SIMON DIXON: And so the golden pill is who’s important to me? Who do I want to spend my time with? Like, you know, it’s— we were shamed. The Silicon Valley culture shamed people for building out a family business. It was, “no, no, you need to take the funding, you need to take Silicon Valley, you need to go down this path and you can have 5% of a billion-dollar company, or you can have 100% of a company that goes bust.” Right? That was like the whole thing.

PETER MCCORMACK: But you’ll get your Ferrari and your hot chicks.

SIMON DIXON: And the people that I meet right now are the people that are in that, okay, “I’ve got a small— thank God I didn’t get there. Thank God I didn’t hire 7,000 people. Like, thank God I haven’t got that massive infrastructure, and I’m trying to deal with HR and figuring out how to change this.”

And so that’s it. As there is a global agenda to take us to the most centralized version of control grid that the world could— that will ever see. And even if it happens, which I believe it will, it doesn’t matter if you’re sovereign. And so let’s get back to what’s the root of being sovereign. Well, it’s actually a small business with a family, and you’re supporting the people that are most important to you. And I get to say, you know, I can go to my brother-in-law and say, “you know, work for us, disrupt yourself with AI, and we’ll carry on. I’m not going to let you go. You’ll have an income for life.”

PETER MCCORMACK: You know, it’s like we spend the whole of all of our life running towards this imaginary goal. And some of us hit it, right? And you hit it and you go, “oh, nothing changed.”

SIMON DIXON: Yeah.

PETER MCCORMACK: And I kind of see— look, I am working my balls off again, but I kind of see happiness as slowing down time. And you slow down time, you stop chasing things.

The Philosophy of Truth and Self-Interest

SIMON DIXON: But I never stopped working my ass off. I just changed what I was working on. There was a moment when I was like, okay, I’ve done the career thing, I’ve done the business thing, I’ve done the investing thing, but then I just started working my ass off on content with no real purpose other than I just wanted to do it.

And then it was like, okay, you know what, that sounds like a good idea. I definitely can’t be bothered to do that, but if you want to do it, let’s do it. And that’s kind of where I am right now.

And then, yeah, to have the ability of all the things that you said, to actually be able to do this on your own, with all these services, using AI for all of the things. Even when I was working, even when I was trying to figure out how the world worked, I was just deep into studying every war and figuring out what happened there and what was the real story. But the working never stopped.

And this is kind of where you enter into an overarching philosophy. And I found my overarching philosophy, which helped me, which is that life — you don’t fix the world. We always enter into, right, we’re going to fix everything. We’re going to get to this utopia, right? And suddenly we’re going to enter into this golden age or whatever.

I don’t think that’s what life is. I think that life is — and I always call it a test. And the test is: I’m going to throw you some of the most evil shit and the most amazing shit, and you’re either going to lean into it and become more evil or more good. And you have to define what this good and evil thing is. And you know in your soul what that is, because when you do bad shit, you know it internally that you weren’t meant to do that.

I can talk about many, many moments when I was doing things that I knew internally wasn’t the right thing to do, but I managed to create a narrative in my head that that’s the right thing to do in order to allow me to do it.

PETER MCCORMACK: So still do it at all?

SIMON DIXON: I think I’ve codified what I think good and evil is, and I know what activities I shouldn’t do and what I should do. And I know that I do activities that I shouldn’t do, that I internally struggle with, that I haven’t been able to resolve in myself.

PETER MCCORMACK: Because there is a certain — yes, it’s a test.

SIMON DIXON: Yeah.

PETER MCCORMACK: But there’s a privilege of money that allows you to stop, breathe, and actually make those decisions. You can see how the endless bad decisions people make on that philosophical scale — because what would be a great example? I don’t know, somebody who works at a newspaper writes a shitty headline about someone’s personal life because they want to get up that career ladder. And so they do that article, they write that headline.

Or even us — what is the title for this show that gets the most people in to watch it? Is it the right title, or is it a dishonest title? The one that comes to my mind is This Is How the World Works. That’s quite an honest title. It’s just saying this is the way the world works. If we put out 3 titles, we test This Is How the World Works, or “You’re fed and going to be poor” — and “You’re fed, it’s going to be poor” is going to work better. Do I leave that on even though it depresses people, gives them no hope, sends them in with the wrong mindset? Like, these are the little choices.

SIMON DIXON: Yeah, they’re definitely — and sometimes you’re conflicted because there’s no real — there’s not a good answer, right? You’re like, well, if I give it this title, then I’m only going to help this number of people. If I give it that title, I’m going to help a lot more people.

PETER MCCORMACK: That’s what AI said. He said, advertise a juicy cheeseburger and then deliver a fillet steak. Like, that’s the game you’ve got to play. But there are loads of those decisions that happen every single day. And some of them, I think you make them on autopilot, but the world incentivizes a lot of bad decisions sometimes.

SIMON DIXON: The place that I’ve ended up in is that I want to be as truthful as possible. Even if it’s against my own self-interest.

PETER MCCORMACK: That’s a very cool place to be.

SIMON DIXON: And sometimes, you know how you can massage your analysis to meet your worldview?

PETER MCCORMACK: Sure.

Analyzing the Iran War and the Limits of Picking Sides

SIMON DIXON: I’ll give you an example — my analysis on the Iran war, which I’ve just obsessed over for whatever reason, because 3 years ago I said I want to figure out why all these wars happened, and that became my obsession for 3 years. And then I wanted to test it in real time with the Iran war and figure out how much I could predict what might happen based on my understanding.

My analysis on the Iran war pisses off everybody. It pisses off the people that are fans of Iran, the people that think that the resistance is the moral position. And sometimes — I can’t tell you how much I despise everything about Israel after — that’s what radicalized me. I watched every day of the genocide.

PETER MCCORMACK: Israel or the Israeli government?

SIMON DIXON: The Israeli government and the indoctrination of the people. That — I believe this is where you get one of those unpopular narratives — because really they radicalized the Jews that came to Israel, and they are victims of their own indoctrination that was used in order to recruit them to the IDF, and what happened to Jewish people in their history.

That’s really unpopular if you talk about things like that. Because then someone wants to immediately say, “Oh, you’re a Zionist shill.” I’m like, there’s nothing you could say that’s more offensive to me than that. Because I watched this in 4K every day. But then sometimes it’s true. Like, for example, what happened to Iran by the British and American Empire is evil. But what Iran has also done in reaction to that has caused a lot of problems in the region.

PETER MCCORMACK: But people are always forced to pick a side. It’s a bit like the Gad Saad episode with Rogan. It’s a car crash, right?

SIMON DIXON: Yeah.

PETER MCCORMACK: And I like Gad Saad. I want to read the book Suicide of Empathy. It’s an interesting concept. I like Rogan. I’ll watch a lot of his shows, but I watched this one and it was horrible. It was a car crash of rationalization and gaslighting from Gad Saad because he has to pick a side. Now, does he have to pick a side because he’s been indoctrinated? I mean, he’s not Israeli, he’s Lebanese, right? I think he’s Lebanese. Or does he have to pick a side because he’s worried about being canceled?

I’ve got tweets going back 5, 6 years saying “Free Gaza.” Not popular in some areas. But I was just always of the view — both sides just stop killing each other. Maybe I’m very naive, but outside of the terrorists and the IDF, there are a bunch of people who are just getting killed. Can we just stop killing each other, please?

And I always felt like what’s happened to the Palestinians was kind of gross. They were living in a prison state, and I watched an excellent documentary on how terrible life is, and I’ve seen the pictures before and after the war. So I put out “Free Gaza,” and I would be told, “You’re antisemitic, this and that, you shouldn’t say this.” And it’s like, really? I can’t just say these people need to be free?

And so I wonder if people just — I wonder, was he trapped? Does he believe it? I don’t know. The Overton window certainly shifted.

SIMON DIXON: See, that’s the thing. So many things can be true, right? So I tried to say what happened to Iran is evil. What Iran did in certain reactions is evil. “Oh, you didn’t pick a side.” Well, is it true? And again, this is how I analyze in my mind right now. Is it true that once the genocide happened, there could be an agenda to weaponize the genocide in order to make Israel look even worse than it may be?

PETER MCCORMACK: And I think you can pick a starting point in history and create whatever narrative you want from that point. Or go back one step and say, did this happen for this? Or go back one step — oh, but did this happen for that? I think you can create a narrative for everything. And sometimes I just think, can we just stop f*ing doing this?

SIMON DIXON: Yeah, yeah.

PETER MCCORMACK: I’m so over it.

SIMON DIXON: Exactly.

PETER MCCORMACK: Can we just stop killing people?

Being Two Years Ahead

SIMON DIXON: But here’s what I’ve found. I’ve always found that I come up with a realization that I didn’t expect, and I try and share that. And historically, when I’m right — I’m not always right, that’s not what I’m saying — but when I am right, it’s normally 2 years ahead, and then it becomes obvious in 2 years, and then it becomes popular to say the thing that was so unpopular back then.

So I talked about — I believed that there was no — I won’t say the word — but October 7th didn’t have anything that was reported. And gave all the evidence, and that was right at the beginning. That’s quite a popular narrative now. So 2 years later, you can say that, and it’s pretty popular.

Today, I like to say that most people have now come to, “Okay, Israel rules the world, they’re the ultimate, Netanyahu owns everything, and this whole war is for him.”

PETER MCCORMACK: That’s not true.

SIMON DIXON: Israel and Netanyahu have their own deep state. And they have their own lobbies. And when you really follow the money, everything Israel does brings money back to the US stock market. When you really follow it.

Now that’s a very unpopular message right now because now all the podcasters have popularized: “America, if it were not for Israel and Zionists, we are a very ethical country, and we were forced into this. And we had to be blackmailed by Jeffrey Epstein.”

And it’s very unpopular now to actually show the real flow of money and how it comes back and how this is propping up empire, because then they’re like, “Oh, you’re apologizing for the Zionists. You think you’re forgiving Israel for what they did.” No — what Israel did involves indoctrination. It was fundamentally evil, but whose interests were they serving? And who’s —

So I’ve hit a place where I don’t give a damn what anyone says anymore. Every opinion — and all I want to do is just be consistent and tell people: this is what I think is happening, this is what I think will happen. And by the way, this is what I got wrong and this is why I think I got it wrong. And this is what I got right. And love it or hate it, I am who I am. And I don’t give a shit anymore.

Closing Thoughts

PETER MCCORMACK: Well, look, something’s working. You’re becoming quite popular. You’re getting invited on bigger and bigger shows. The shows you do have lots of downloads. The one we first did is nearly at a million. That’s a massive show. It’s like top 5 show for us of all time. I’ve seen you getting invited on other shows. You’ve become that banker — “Oh yeah, we get Simon on, we’re going to get—” But you’re becoming popular because you’re saying something different as well. And you’re doing it from a position of honesty.

Simon, man, I love talking to you. We could do this every week with you. Going to get in the car now with Connor and you’ll have to fill him in. How much of it did you hear? Come on, do you have any questions for Simon? Do you want to end on something big?

Advice for the Next Generation

SIMON DIXON: If you were to speak to the young looking at the big world and the adulthood that they are about to step into, how do they navigate this world without becoming consumed by it?

I think I’m at the stage right now where I think that university or college is an absolute waste of time and the worst decision you could ever make. Hallelujah. I think that spending 3 years being indoctrinated to get a job is a really bad idea.

So I think you just need to recognize that there’s probably only two things that you need to know in this economy. One is that you need to own assets that beat the game. So whatever you’ve got left over can’t be held in cash, it needs to be held in assets. And the other is the entire chessboard has been flipped up for AI and robotics.

So you either you’re building shit with your hands for that infrastructure, or you’re building software, you’re leaning in, you’re helping businesses. Every single business in the world right now needs a young kid that can help them figure out how to transition to AI. So just bring in as much money as you can, learn on the move. This is lean into it, bring in as much money and then save it in an asset that beats the game.

Probably none of us know what the world looks like in 5 years. And if you’re from a family where the boomer made all the wealth, just hopefully you’re in a country and they’ve got some tax efficiency and structuring where you’ll end up with it. So probably everything will be okay anyway.

PETER MCCORMACK: I’m not a boomer.

SIMON DIXON: And we’re not in a tax haven. No, to get your dad to start structuring what happens after he dies before he dies. I think we did the maths the other day. I’m left with 25%.

PETER MCCORMACK: Yeah, once you stake off inheritance and cap gains and everything, it’s pretty brutal.

SIMON DIXON: Every, every — and here’s one more piece of advice, build your wealth in a different country to the country you live in. So even if most people can’t afford to set up Cayman Island structures and all this stuff, but even if it’s just learn how to build yourself as a company. And in a company you have to spend less than you earn, and you have to invest the difference and put it to work.

I do recommend everyone starts looking at, even if your business is just AI consulting, just structure it as a business. Just because you’re in the UK, don’t set it up as a UK company. Set it up as a UAE company or Singapore, whatever you can afford at your stage, and start running yourself as a business.

PETER MCCORMACK: Simon, man, we can do this as often as you like. I will have you here whenever you want. We should probably hang out and get dinner sometime as well.

SIMON DIXON: Yeah, let’s do it. Thanks for having me.

PETER MCCORMACK: Dude, keep crushing, keep being successful, keep spreading the message. Me and Connor have a long chat on the way home and see where we end up. Take the golden pill. Thank you everyone for listening. We’ll see you all soon.

SIMON DIXON: Yeah, take the golden pill.

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