The Great Reset

Good interview with Cardano cryptocurrency founder, with a great example of Argentina's progressing dollarization.
(...) Well, I was just at a round table with the Federal Reserve and it was a really nice inner industry. Two of the reserve governors were there. And I was actually with Anatoli from Solana and Sergey from Chain Link and Ilia from Near and Brad from XRP. So it was a very nice round table and we had a chance to directly interact with the Federal Reserve and the Fed is trying to figure out you know what is their role, place and purpose with the Genius Act because traditionally the Fed is the payment regulator and they've been doing that for 120 years give or take.

The the thing about the Fed is that they were kind of left out of the party. There's three primary regulatory bodies that deal with this. There's the OC, the FDIC, and the Federal Reserve. The reason this is relevant is that stable coins live in two worlds at the same time. One, they live in the web 3 world. So they they're tokenized. And we think a lot about, well, how do I get more liquidity and volume? There's over $250 billion worth of tokens that have been issued, 180 plus million transactions every month. It's a very dense, beautiful, high velocity space. But those only have value because somebody's holding an asset on the other side in the legacy world. And the legacy world, it's either at a bank or it's somewhere else and it's represented some way like as a treasury for example.

So Genius, what it did is it created some baseline rules of the road. But now rulemaking has to occur and they have to start talking about things like can you get a master account with the Fed or how do you ensure these or what are the custodial standards or what is the audit oversight and how do you audit these accounts and also the grading and scoring of these things. So are all stable coins created equally or is there some delta between the asset allocations between tether and circle for example where tether has admitted to have commercial paper cuz while they may appear to be a dollar they may be very different the other thing is also you'd like to augment these things a little bit for example can you offer yield with the stable coin so genius was very clear about this there was a big fight and the non-yield people won and they said you can't offer yield with the genius act.

That said, there's a lot of people that are starting to take a step back and say, "Well, hang on a second. Well, maybe there's some clever mechanisms where we kind of create a dual token and it's for non- US customers, they can share in the yield, the stable coin or something, and US customers just get the stable coin." And now we're starting to see blended versions like Tether is going to move into the United States with some of their stable coin and some not. But what's the point? Well, the point is soft dollarization. And there's no greater example of this than Argentina. There's $700 billion economy and a hundred billion dollars of that economy is in cryptocurrencies with the majority being in stable coins. So basically this is a place where technically the currency is the peso but what's happening is the they're dollarizing and they're trading the Argentine Central Bank for the Federal Reserve and without the consent of the US government it's just through the hand of the free market and people are basically transacting in dollars now through stable coins and you're going to see a lot of that happen in Colombia and Venezuela and all throughout Africa and Southeast Asia and so that soft dollarization is at war with the off yuanization of the world because a belt road the Chinese government is trying to push a concept of a digital yuan and these things are fighting in developing nations and and you know places that are a little bit off the beaten path and that's really exciting because it means you can now have a direct financial relationship with those consumers in those markets.

So if you're Microsoft and you're dealing with Sri Lanka, you don't have to go through 14 hops and three forex conversions and other things to get to the local money and deal with the local person in the local bank. They can just simply pay you in a dollar back stable coin. You have peer-to-p peer relationship and it's feeless or near free for fees. The velocity of global commerce then is going to increase. So what this means is you're going to see a huge expansion of the category overall. So you're going to grow from hundreds of billions to trillions of dollars of stable coins issued and you're going to see a localization of stable coins. We're going to have flavors that are regionalized either a subbrands that are a big brand like Tether is doing with USD or there just regionalization stuff and great markets that provide liquidity here and there.

Now, this only works if there's great regulation, there's great auditability cuz the minute that a stable coin fails, it creates catastrophic consequences to the faith and credibility of the system as a whole. So, the hope of genius was to begin the regulatory conversation. But by no means is it done. And to be frank, the Fed does need to be brought in a little bit, if anything, just because of their traditional role in payments. And they've been left out because of CBDC concerns. So, they kind of have to work it out. And it's a very difficult situation. We in industry, we're already talking about it. And one of the things we talked about in the round table is this idea of algorithmic regulation. So you can actually have smart contracts and they are public private partnerships and they handle things like freeze and sees and KYC and AML and other compliance concerns and they allow for liquidity across nations and cross networks but some modicum of control in the secondary market. So... it's a challenging very deep situation but it's one of the fastest areas of growth and it's also going to get complicated by the fact that large companies like Google and Microsoft and Apple have very strong incentives to come in because they lose tens of billions of dollars every year to transaction fees and banking costs and forex fees and they have customers in pretty much every country and three billion people.

So they would much rather cut out middlemen and they already have the payment rails in many cases the licenses to do this. And then it's also complicated complicated by the legacy banks now wanting to come in like JP Morgan's going to come in and others are going to come in and they have a lot of blockchain infrastructure waiting to do this. They just have been waiting for a regulation to give them the ability to do so. And now that Genius is there, there's rules of the road for them to begin the process. But it's going to take several years of rulemaking for all of this to get completely sorted out. And there's still a lot of open questions and everybody's just trying to figure out how to put the pieces together.
 
Catherine Austin-Fitts made this very insightful comment (1-minute clip):

There's not enough prison capacity in the world and it's highly uneconomic to hold everybody - which is why they're building the free range prison. That's why they need financial transaction control, because they can't put everybody in prison.

The conservatives have always worried that they're going to use prisons and camps to round us up and put us in prison. That's not how they're going to do it. They're gonna throw enormous amounts of crypto profits and spa profits and profit other profits to get you to steadily move into programmable money and the digital control grid. So, they're they're buying you with honey.

 
Below is Dick Allgire's fresh remote viewing session on the death of the Euro and a summary of it.
Introduction to the Session

This document presents a comprehensive analysis of a remote viewing session conducted by Dick Allgire under blind protocol, designated target ID J6A9-M0B9. The session was performed without prior knowledge of the target's nature, representing what Allgire describes as "remote viewing without a net"—a process where the viewer approaches an unknown target armed only with an alphanumeric identifier and their trained protocol.

The session's subject matter emerges as a complex, multifaceted exploration of a potential financial crisis centered on debt restructuring, involving high-level political and economic decision-making, sophisticated financial mechanisms, and systemic transformation. Unlike typical remote viewing targets that focus on specific locations or physical events, this target proves predominantly conceptual and metaphorical, challenging the viewer to interpret abstract financial and political dynamics through symbolic imagery and intuitive impressions.


Initial Impressions and Opening Visions

The Leadership Configuration

Allgire's first visual impression centers on a man viewed from behind in a brightly lit setting, flanked by two advisors with a larger group assembled around them. This central figure registers as an important leader—smart, contemporary, and commanding attention—someone people listen to intently. The viewer describes this individual as someone "trying to convince" others, suggesting an environment of persuasion rather than simple command.

The figure evokes comparison to prominent political leaders, with Allgire noting uncertainty about whether it represents Trump specifically but characterizing the person as "someone like him"—someone concerned with diplomacy, political aspirations, and financial matters. The two important advisors positioned beside the central figure suggest a triumvirate structure for critical decision-making, with the broader group serving as additional stakeholders or implementers.

The emotional tone surrounding this gathering registers as serious and consequential, with concerns about "something that could be a crisis"—specifically matters of political and financial import that require motivation and consensus-building. The temporal setting is identified as "modern time or near future," explicitly excluding ancient historical contexts.


The Puzzle Metaphor

The second major visual impression introduces a powerful metaphorical framework: interlocking puzzle pieces. Allgire describes this vision as reminiscent of childhood family nights assembling jigsaw puzzles, where each piece must fit precisely with others to create a coherent whole. While initially considering whether these pieces might represent European countries, the viewer concludes the image functions more as a conceptual representation of interdependence.

The puzzle pieces are described as needing to "harmonize"—a critical descriptor suggesting not merely mechanical fitting but achieving balance and consonance among disparate elements. The interdependent nature is emphasized: "if this is doing this, then this has to do this, and they all affect each other". This vision establishes a framework for understanding the target as involving multiple interconnected systems where actions in one domain necessarily trigger cascading effects throughout others.


The Debt Clock

The third foundational vision presents an angled view of numerous numbers with many zeros—immediately identified by Allgire as the debt clock. He references the online debt clock that displays real-time accumulation of U.S. national debt, noting figures approaching $37-38 trillion, along with unsecured debt and Social Security obligations. The vision of numbers "ticking, tick, tick, tick" conveys both the relentless accumulation of debt and the urgency of addressing it.

This tripartite opening—leadership deliberation, interdependent puzzle pieces, and the mounting debt crisis—establishes the session's thematic architecture, suggesting a scenario where high-level decision-makers must navigate complex, interconnected systems to address an escalating financial emergency.


Detailed Visions and Symbolic Imagery

The Conference Table Scene

As the session progresses, Allgire describes a large angular table with many people seated around it, distinctly characterized as an old-fashioned physical meeting rather than virtual conferencing. The emphasis on physical presence proves significant: "This is not that. This is a table where they actually have papers". The papers are described as crucially important documents requiring signatures—documents whose precise wording carries enormous weight.

The presence of translators introduces an international dimension, with special emphasis on their need for extreme precision in rendering language. The documents are characterized as "agreements, treaties, could be tariff stuff, financial stuff" requiring meticulous attention to detail—dotting every "i" and crossing every "t". The signatories are identified as high-ranking officials: "ministers like finance ministers, trade representatives, diplomats, presidents, important people".

Significantly, Allgire perceives a dual-level reality to these proceedings: "there'll be agreements behind the scenes, and then there'll be an agreement for the camera". This observation suggests orchestrated public presentation diverging from private negotiations, with "private moments and private portions of this that won't be made public". The imagery evokes major international financial summits, trade negotiations, or debt restructuring conferences where appearances and substance may diverge.


Private Jets and Elite Mobility

The session includes recurring imagery of private jet aircraft—specifically characterized as executive jets rather than commercial aviation. Allgire references "Richmond's jet," describing "the type of private jet that Richmond would fly to places to go make important decisions". Sensory details accompany this vision: "cold metal, aluminum, smells of jet fuel, high altitude, slipstream".

While acknowledging uncertainty about whether aviation constitutes a primary target element, the viewer interprets this imagery as representing elite mobility—"people flying places, jets to do things, to make decisions". The private jet serves as a symbol of the decision-making class capable of rapid international movement to attend critical negotiations and conferences.


Paper Assets and Financial Instruments

Expanding on the document imagery, Allgire perceives a focus on "bonds, securities, just the general heading paper assets". These assets are conceptually linked to debt itself, with a striking impression that the "debt needs to be washed" and "transferred to something clean". The terminology of washing and cleansing carries obvious connotations, which the viewer makes explicit by referencing "money laundering"—though qualifying that authorities "wouldn't call it this, this is too low class of a term".

The vision describes a process where paper assets are "washed and transferred to new clean assets in a very nimble financial sleight of hand". The phrase "sleight of hand" emphasizes the deceptive or at least opaque nature of the transformations being enacted—sophisticated financial engineering designed to obscure the actual movement and transformation of value.


Mixing and Sophisticated Processes

Allgire receives strong impressions of "mixing, mixing, mixing"—describing processes that are "high tech, very sophisticated". This mixing metaphor extends the laundering concept, suggesting complex blending or commingling of financial instruments and obligations. The sophistication level indicates operations beyond ordinary understanding, requiring specialized expertise to design and execute.

The mixing process is described as "a form of money laundering or laundering of the financial system in a sense"—suggesting systemic cleansing rather than merely individual transaction concealment. This vision implies transformation at the level of the entire financial architecture rather than discrete criminal activity.


The Crisis Dynamic: Tumult and Order

Chaos as Precursor

A critical conceptual element emerges: the transformation process is "precipitated by tumult" and characterized as "tumultuous". Allgire perceives that "debts and assets seem to be in disarray," but crucially, "that's needed because it's going to come out the other end orderly". This observation introduces the classic formula: "order out of chaos".

The implication is that the disarray is not accidental but functional—perhaps even intentionally engineered—serving as the transitional state enabling systemic restructuring. The tumult creates conditions where traditional valuations become uncertain, assets and liabilities become confused, and "things get lost in the shuffle"—facilitating the reassignment of value.


The Puzzle Solution: Reassigning Value

Returning to the puzzle metaphor, Allgire perceives that resolution involves "assigning new value to different pieces". The interlocking puzzle pieces require recalibration: "it's a way to make the puzzle fit by creating disarray and assigning value from this piece to this piece". This vision suggests sovereign debt revaluation, currency realignment, or asset class transformation—mechanisms for making incompatible financial obligations suddenly compatible through redefinition.

The process implies winners and losers in value redistribution, with the chaos serving as cover for transfers that might be politically or economically controversial under transparent conditions.


The Chart: Crash and Rebound

Allgire visualizes a chart showing fluctuating values that suddenly experience severe decline—"like you would even call it a crash"—followed by rebound. This imagery suggests a V-shaped or sharp recovery pattern rather than prolonged depression. The crash represents "the moment that this is going to happen," indicating a specific triggering event or threshold crossing.

Following the crash, the system "reconstitutes" and "eventually makes its way back up to normal"—but this return to normalcy occurs through transformation rather than simple recovery. The crash serves as the "precipitating event" enabling the restructuring mechanisms described throughout the session.


Technical and Financial Terminology

Rehypothecation

A particularly striking element involves the word "rehypothecation"—a technical financial term that emerges spontaneously during the session despite Allgire's stated uncertainty about its meaning. He notes, "I don't know what that means. Rehypothecation," struggling with spelling while acknowledging "words pop and you can't spell".

The viewer intuitively explores etymological connections, noting similarity to "apothecary"—someone who mixes compounds—while recognizing the term likely derives from Greek meaning "to mortgage" or create "a promissory note". He interprets rehypothecation as involving "something used as collateral to shore up another asset to convert".

Additional related terms emerge: "repo, repossess, rehypothecate, convert collateral, shore up, convert, mortgage, create a promissory note"—creating a semantic cluster around collateralization and asset transformation. Allgire notes that "all our money is" promissory notes anyway, situating the process within the fundamental nature of modern fiat currency.


Disappearing Value and Bulging Pockets

When the crash occurs, Allgire perceives that "a lot of dollar value will, some of it will seem to go into thin air"—appearing to disappear or being written off as lost trillions. The phrase "we're just writing that off" suggests official acknowledgment of evaporated wealth. However, the viewer emphasizes: "But not really. It's got to go somewhere."

This leads to a vivid metaphorical image: a wealthy, powerful man in a good suit with bulging pockets. Allgire clarifies this is "not a specific" individual but rather metaphoric representation of wealth concentration: "as this crashes and this, all this value seems to go poof, goodbye, a lot of it actually goes into guys like this, right in their pockets". The bulging pockets symbolize hidden wealth transfer—value that officially vanishes but actually concentrates in elite hands.


Technological Infrastructure and Systems

The Complex Network

Allgire visualizes an intricate technological system comprising "servers, like a lot of computer stuff, a lot of institutional, bank stuff, you know, the bank, satellite dishes, satellites up above, other servers over here, other computer system". This high-tech network is characterized by constant value transmission: "value is going back and forth here. It's being transmitted up to space down to here, over to here, it goes back and forth".

The system is described as initially "humming along"—functioning smoothly in normal operation. The viewer specifically references the SWIFT system and "international banking" as examples of this complex infrastructure.


The Cyber Event

A critical turning point occurs when "something happens, something bad happens"—described as either a "virus attack, cyber attack, like a cyber event" or alternatively "a run where the computers are so fast" that cascading breakdown occurs. This suggests either malicious disruption or systemically-driven failure amplified by high-frequency trading velocities.

The imagery evokes both deliberate sabotage and emergent systemic breakdown—leaving ambiguous whether the precipitating crisis is attack, accident, or inevitable consequence of system design.


Segregation and Isolation

Following the crisis, Allgire perceives that the infected or chaotic system "needs to be walled off and isolated". He searches for medical terminology, settling on "isolation" while noting it's "not a term that they use in finance, but it applies here". Additional descriptors include "segregated, kept sterile".

This leads to a bifurcated vision: the chaotic, infected complex system (representing existing financial infrastructure) must be separated from a "more orderly thing"—which Allgire identifies as blockchain. The new system is characterized as "very sterile" and functioning "beautifully," avoiding "the chaos of all this".

The imagery suggests quarantine of legacy financial systems while establishing parallel blockchain-based infrastructure—a technological solution to systemic contamination. This segregated system provides the environment where "all the puzzle pieces will fit perfectly to re-hypothecate something".


The Arcing Colorful Logo

Near the session's conclusion, Allgire mentions glimpsing "a logo, I don't know the color, and it's, see if anything matches that, like arcing, an arcing colorful logo". While unable to identify the specific organization or entity, this detail suggests corporate or institutional branding associated with the restructuring process—potentially a financial services company, international organization, or technology platform involved in implementing the new system.

Interpretations and Insights

The Target's Conceptual Nature

Allgire repeatedly emphasizes the target's unusual characteristics: "this is an interesting target to work because it is so conceptual and metaphorical". Unlike typical remote viewing assignments focusing on physical locations or specific events, this target presents as "an ongoing thing" without "one place, one event"**.

The viewer notes the challenge: "Not anything I could grab onto physically. Not one person except this first guy". This observation highlights the session's focus on processes, systems, and abstract financial dynamics rather than tangible objects or specific individuals.

The conceptual nature requires interpreting symbolic imagery—puzzle pieces, washing, mixing, segregation—as representations of financial mechanisms and political processes rather than literal descriptions.


Financial Sleight of Hand

Central to Allgire's interpretation is the characterization of the entire process as "financial sleight of hand"—sophisticated engineering designed to transform the financial landscape while obscuring actual mechanisms and beneficiaries. The sleight of hand metaphor suggests misdirection: public attention focuses on crisis drama while critical transformations occur outside scrutiny.

The washing and cleaning of assets, the disappearance of value into bulging pockets, the assignment of new values to puzzle pieces—all contribute to an impression of expertly orchestrated financial legerdemain rather than transparent economic adjustment.


The Order-Chaos-Order Sequence

The session identifies a three-phase dynamic:

  1. Initial Order: The complex technological/financial system humming along normally
  2. Induced Chaos: Tumult, disarray, crash—creating conditions for transformation
  3. New Order: Segregated, sterile, orderly system (blockchain) where puzzle pieces fit perfectly
This sequence suggests the crisis functions not as system failure but as system transformation—creative destruction enabling architectural redesign. The chaos phase is necessary rather than merely unfortunate, serving as the transitional state between incompatible old and new orders.

Dual Reality: Public and Private

The observation about agreements "behind the scenes" versus "for the camera" establishes a theme of dual reality throughout the restructuring process. Public narratives about crisis, loss, and necessary adjustment may diverge significantly from private understanding among decision-makers regarding value transfers, beneficiaries, and strategic objectives.

The bulging pockets metaphor reinforces this duality: officially disappeared wealth actually concentrates in elite hands, invisible to public accounting. The sleight of hand requires misdirection—visible spectacle concealing invisible accumulation.


Potential Implications and Future Scenarios

U.S. Dollar and Debt Assets

Allgire explicitly ventures: "should I go out on a limb and say what this is? It's got to involve U.S. dollars, bonds, stocks". This identification situates the target within American financial dominance and the global dollar system. The focus on the debt clock approaching $38 trillion reinforces the U.S. sovereign debt context.

The implications suggest a crisis and transformation centered on dollar-denominated assets, U.S. Treasury obligations, and potentially the dollar's reserve currency status. The reassignment of values to puzzle pieces could represent currency revaluation, debt restructuring, or transition to alternative reserve mechanisms.


International Coordination

The imagery of finance ministers, trade representatives, and diplomats around conference tables with translated documents suggests multinational coordination—potentially a Plaza Accord-style agreement or Bretton Woods-type monetary conference. The puzzle pieces that must harmonize and interlock likely represent national interests, currency zones, or trading blocs requiring alignment.

The private jets symbolize the mobility and interconnectedness of global financial elites capable of rapid assembly for crisis management. The dual-level reality (public and private agreements) suggests coordination mechanisms operating beyond democratic oversight or public understanding.


Blockchain as New Infrastructure

The identification of blockchain technology as the orderly, sterile segregated system emerging from chaos carries significant implications. This suggests the debt crisis serves as catalyst for blockchain adoption at systemic levels—potentially central bank digital currencies (CBDCs), blockchain-based settlement systems, or tokenized national debts.

The segregation and isolation of the chaotic legacy system while establishing parallel blockchain infrastructure implies a managed transition rather than wholesale replacement—allowing continued operation of traditional finance while migrating critical functions to new rails.

The "perfect fit" of puzzle pieces within the blockchain system suggests this technology enables coordination and settlement mechanisms impossible or problematic within legacy infrastructure—solving the international coordination problem through cryptographic trust and automated execution.


Timing and Trigger Events

The chart vision showing normal fluctuation followed by severe decline identifies a specific moment when "this is going to happen"—a triggering threshold or event. The cyber attack or cascading computer-driven breakdown suggests either a Black Swan event (unexpected crisis) or a Gray Rhino (visible but ignored threat) finally manifesting.

The V-shaped recovery pattern (severe decline followed by rebound) suggests a sharp crisis of relatively short duration rather than prolonged depression—consistent with managed restructuring rather than systemic collapse. The speed of recovery implies prepared mechanisms activated by the crisis rather than ad-hoc emergency response.


Wealth Concentration

The bulging pockets metaphor carries perhaps the darkest implication: the crisis serves as wealth concentration mechanism. Value that officially evaporates or gets written off actually transfers to elite hands positioned to benefit from restructuring. This suggests the tumult functions not merely as unfortunate disruption but as engineered opportunity for wealth extraction.

The sophistication of the sleight of hand—the mixing, washing, rehypothecation—indicates expertise in designing crisis responses that serve private accumulation while maintaining public legitimacy through apparent loss-sharing.


Conclusion

Dick Allgire's remote viewing session on target J6A9-M0B9 presents a dense, multifaceted vision of financial crisis and systemic transformation. The session is remarkable for its predominantly conceptual and metaphorical nature, requiring interpretation of symbolic imagery rather than straightforward description of physical targets.

The core narrative arc describes high-level international coordination among financial and political elites to address mounting debt crisis through sophisticated restructuring mechanisms. The process involves three phases: initial system stability, induced crisis (cyber event or cascading breakdown), and emergence of new order based on blockchain infrastructure.

Central metaphors organize the vision:


  • The puzzle represents interdependent international interests requiring harmonization through value reassignment
  • Washing and mixing symbolize sophisticated financial engineering obscuring value transfers
  • Segregation represents isolation of chaotic legacy systems from sterile new blockchain infrastructure
  • Bulging pockets reveal hidden wealth concentration behind official narratives of shared loss
The session identifies rehypothecation—using collateral to shore up and convert assets—as a key mechanism, alongside "sleight of hand" transformations where debts become "clean" assets through complex processes. The tumult and disarray prove functional rather than merely destructive, creating conditions for restructuring incompatible obligations into workable configurations.

Technical terminology emerging spontaneously—rehypothecation, SWIFT, blockchain—lends specificity to otherwise abstract visions, anchoring metaphorical imagery in concrete financial systems and mechanisms. The dual reality theme (public versus private agreements, visible loss versus hidden accumulation) suggests crisis management serving elite interests while maintaining democratic legitimacy through carefully managed appearances.

Temporal indicators place events in "modern time or near future"—suggesting imminent rather than distant manifestation. The debt clock approaching $38 trillion and the focus on U.S. dollars, bonds, and stocks situate the crisis within American financial hegemony and dollar-system sustainability.

Whether interpreted as precognition, intuitive pattern recognition, or symbolic synthesis of known financial vulnerabilities, the session presents a coherent vision of managed crisis as transformation catalyst—where apparent chaos serves hidden order, visible destruction masks invisible creation, and systemic breakdown enables architectural redesign. The presence of blockchain technology as the segregated solution suggests the crisis accelerates adoption of decentralized infrastructure as response to legacy system fragility.

The session concludes with characteristic remote viewing uncertainty—"it might all just be"—acknowledging the speculative nature of blind protocol work while offering rich material for analysis once feedback reveals the actual target composition. The density of financial symbolism, the consistency of the crisis-transformation narrative, and the specificity of certain technical details provide substantial foundation for evaluating accuracy once target information becomes available.
 
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