Subsidizing Your Own Tyranny: Stablecoins, Federal Debt, and the Work of Independence

Daniel Miller opens this Late Night Coffee Talk under an incoming storm and a stack of viewer questions, and the through line is hard to miss. The federal system is working exactly as intended, accumulating power unto itself, and no president fixes that. He frames the new federal stablecoin bill as a Trojan horse for a central bank digital currency, a backdoor to tracking every purchase you make and a step toward a social credit regime. That, he argues, is precisely why the push for a Texas transactional gold system matters, and why the only real exit is full independence.

The night’s longest answer goes to Herb, a 64-year-old on Social Security disability who can cover about half his bills and wants to know why people who worked their whole lives keep getting robbed. Miller does not give a policy dodge. He ties it to the federal government taxing hardworking Texans to subsidize lifestyles they never agreed to, recalls being handed a copy of the Constitution and the Communist Manifesto and asked which the federal government resembles more, and lands on a blunt verdict. There is no political status quo. You are either gaining ground or losing ground, and continued membership in the federal system means forging your own chains.

He also corrects the language around the so-called national debt, insisting it is federal debt belonging to an entity, not an obligation Texans personally owe. Texas leaves under no duty to pay a cent of it and faces no lawful exit tax, though Miller concedes debt will surface in negotiation. His counter is simple. If Texas is asked to absorb ten percent of the debt, it asks for ten percent of the assets that debt bought. Along the way he hits redistricting as a red herring built to swallow the oxygen that property tax elimination deserves, and the empty precinct chair seats that Texas nationalists could simply fill.

Questions answered in this episode

• How does the federal stablecoin bill affect the Texas transactional gold bill, and is it a backdoor to a central bank digital currency?
• Could an independent Texas reverse land sales to buyers tied to the Chinese Communist Party and the People’s Liberation Army?
• Would Texas have to repudiate the so-called national debt to become independent, and could the United States impose an exit tax?
• With court-ordered redistricting and a lying media, how do we actually educate ourselves about the candidates we elect?
• Why does a hardworking generation on Social Security get squeezed while others get more, and what would independent Texas do about it?
• Can a past candidate who already signed the Texas First Pledge re-up it when running again, and how do we fill empty precinct chair seats?
• What are the rules for distributing candidate materials at TNM outreach events when the organization cannot do partisan advocacy?
• Will the redistricting fight eclipse property tax relief in the special session?
• Sandwiched between the United States and Mexico, how would an independent Texas handle its neighbors?