0:02 Alright, thanks for joining everybody. This is John Jay, on today's April six. And I wanted to make today a continuation of last week's discussion on the Liens. 0:10 I know we spoke about the the whaling. 0:14 It's a slightly different purpose, Then the biometric lien, or the security agre...

Alright, thanks for joining everybody. This is John Jay, on today's April six. And I wanted to make today a continuation of last week's discussion on the Liens.
I know we spoke about the the whaling.
It's a slightly different purpose, Then the biometric lien, or the security agreement for your biometric data. So I wanted to focus more on the biometric data.
Certainly, I can talk about the ..., but, um, I have a little bit of content here that I wanted to share with you, and I'm going to do a little bit of review from what we discussed last week, but is there anyone that wants to make any comments or ask questions?
I think some of you started Anyone before I get started.
There's like Part two, so.
No review would be good. Thank you. Yeah. OK.
Alright, and you're welcome to raise your hand and interject. I mean, if I can see that I will I will you know ... for too long, but basically we're talking about how to use the ... Covenant.
Understanding that a covenant is a lean, and it's a perpetual lien on real estate We're talking about how to use that to control the title in a way. That allows you to?
Keep it away from, let's say, the state property tax, or the city code. Which is also a lien, by the way, the City code enforcement is the result of a lien on the property with the highway.
It's a way to have the last word, or the last say over the title of the property, which allows you to retain or recover the title if there's ever foreclosure.
So that allows people in the community, if they understand what they're doing, and how to use a way, it's not complicated.
They can make the rules, They can ignore the city, They can ignore the county. They can ignore the property tax and these sorts of things, OK?
You run into some other important issues, such as taking care of the rows, because many times the, the, the neighborhood is has county access, right? The county comes in and maintains the rows, Which is great, so, but you because you have control over the use of the money, then you can do a lot of things. So that's why I was talking about that the ...
covenant been using that in that capacity what was what? I think a lot of people's attention. Correct me if I'm wrong.
But I think it was this biometric data, because we're all looking at the central bank, central bank, the digital currency. right?
The CBD, see, I even hate saying that because it seems like the information is like leaked out, let's call it not leaked out.
But the information starts and then you and I start talking about it, then we started telling each other what it's going to do to us. And it's like we're the ones announcing what's coming. It's like we're the ones, encouraging it, because we're talking about it, but I guess we don't have a choice.
But I think the use of this biometric data and the security agreement, these are this is a legal framework that's already in place just like the ... covenant.
This allows us to describe property over which we currently have rights, but those rights are kind of, they're not really uniform, they cannot be uniformly enforced and you're still subject to proving things, and you're subject to using the courts, the way I'm describing.
Weren't you breaking up? John?
You can't do about it, Did Everybodys Friese recording.
My mind is frozen, he lost his connection, rimini.
They don't want us to hear about this, no property tax stuff.
Mmm hmm.
Does anybody know if you are like, I'm paying my property tax through my mortgage.
How do you how do you how do you separate that?
That sounds like a good question. For John yeah, when you bought it seems like when you buy a property you have to put a certain amount of down payment down.
To avoid the escrow like you're doing just combined with payment.
So I'm not sure yeah.
That can be modified with the with the Winder to change it where you just pay the property tax yourself.
But that's good. Yeah.
That's a good question.
OK, so John is no longer in the participants area. It has me as the host.
Is that for you, too?
Boom, users to host, Here he'll be me, I wonder if we should all Well, it's the same.
It's the same like URL that I can't like get a different, She sends it to us individually.
Yeah, well, I don't know if we should always come back or what I'm guessing. Usually he just comes right back in.
Yeah, I'm sure he's trying to right now. Alt text or whatever.
He's right. Well, yeah.
Me I don't know if there's manche dorms because he's in the south, where I manage the same way. I don't think I don't think there's any batch norm.
So, Todd, did that answer your question, though?
Now, I kind of figured I'd have to contact the lender, you know, and see if I can separate separately yet.
But I'm assuming John, John would have something a little bit more succinct or a letter or something I can send. You do understand why he says that. Why? Why anybody would think about wanting to not pay their property tax and removing the attack row is because the truth is an issue.
They've got all the properties classified as commercial.
And ... your code and your state code.
I've got it figured out in Georgia because that cross represented from magadha in Florida, the code, you know, the statute, and, uh, it's all the devil's in the details because they use these words are always in law.
And so, you know, when you're a resident, less commercial.
Well, yeah, and I know there's a, I know there's a guy in Pennsylvania that's actually being very, fairly successful in helping people.
Having their property taxes dropped his argument is can you tax a right and of course You can't tax, All right, know you have a right to breed you have a right to for health you have a right To all these things, and you have a right to property.
And So his argument when he goes before Before the judge, the district judges If you can't tax a right, and I have a right to own property.
What gives you the right to tax my property?
Right, and they're not able to answer that question.
Yep, so can I can I add to that please This is a page where you can add to that?
Because when, when you're paying taxes, when you owe taxes to land, it really annihilates any title to the land, any ownership of the land. It's perpetual rent, and it just makes the state owned the land on which your tenant and, of course, now the title say the right of tenancy. They're not a lawyer titles, so that's a that's a good argument. I'm glad to hear that he's successful.
All right, guys, sorry about that. Somehow I got this K, I got disconnected.
Never had that happen before. I'm glad y'all are still on.
So I guess the recording still going?
Yeah, all right, So let me go back to what I was saying. I'm going back to the share screen thing.
All right.
So so I was talking about, you know, the, not all the technical aspects of recording a security agreement, but the nature of it, what's it doing?
And what are we putting a lien on?
So what happens is you take your biometric data, let's just say your fingerprints or your retinal scan, let's just say, or the pattern of your face, or your palm print.
And then we, we describe that as your biographic are biometric data.
And then we use the word likeness. It's your likeness.
It's used to identify who you are, or, or identify you.
OK, it's an identifying characteristic, and we can then we can then describe it, and then we can impose a lien on it with an agreement. And the agreement is established by not by someone sitting at a table and signing a contract with you. It could be, but it's also established under the uniform Commercial Code. And as I was explaining, all lanes are statutory. So we go into the criteria of the UCC. It's adopted in almost all the states, I believe.
And the use and benefit of your likeness or your biometric data constitutes an agreement subject to the security agreement, OK?
So you describe it there, and then you have your terms.
And so you can then you can then describe how what the limits are on the use of your biometric data or your likeness.
And so many times like that, the informal way I've been doing this over the years is if I go to the doctor, and he asked me for information, or if I, if someone asked me for information about myself, that I don't want to give her. I don't feel it's necessary. And I feel like maybe there is doing it because they have some other agenda in mind.
I'm going to ask, I'm going to tell him that I have certain terms on the disclosure of that information, and I'll give it to him, I'll write it up.
And I'll say, If you, if you take this information, then you're going to be subject to this, this, and that, you're gonna be accountable to me. You're gonna have you can keep it for two years, and then you have to destroy, provide me with a certificate of its destruction things of that nature. You have to have insurance for a data breach. Do you have a policy binder that you can show me where you have insurance for a data breach?
Because if you don't, I'm not going to disclose anything to you. Period.
So, you're gonna take financial responsibility, and you see how many times, almost every single time, I get exactly what I want to get the service I want, and I don't give up all my data. And now, the thing, the thing that you run into is when you just click on Yes, yes, I agree. When you download an application on your phone or your computer is You're just, You're waving all these things, right.
This security agreement would restore the property rights you would have if these other things you're agreeing to constitutes a waiver, All right. So, you might say, OK, I'm giving you my data, but only for the purpose that, you stated it's going to be used for anything outside of, that it's going to be a breach of the security agreement is going to be a default.
Alright. And then, here are the consequences, right? So if I'm recording a security agreement, and the state, and the county, and its name in Google, for example.
Um, Google now has a liability on its books. It's going to show up as a lien on Google's balance sheet.
That's serious stuff.
How else would you get a chance to reach into Google's balance sheet if you sued and won?
Now I'm just filing a security agree.
So look, you have intangible private property rights regarding your identifying information that treated much like intellectual property, right, like you publish a book or write a song or something like that and they can be expressed as collateral.
So what happens is in the security agreement, you're your likeness your biometric data, becomes the collateral for the lien loan, the Lean it's not alone, but it's at Lean, OK?
So in the Lean, the dead or becomes the recipient or the one who's collecting using a storing your biometric data, your likeness, then you become a secured party or the creditor.
Then, we can, we can make we can make these terms.
And then that allows us a cause of action for things like invasion of privacy through misappropriation, OK? Not that, our remedy here in doing this. Our goal is not to go and sue people. I don't want to do that. What I wanna do is create a lean that, protects my interests and gives me a say in how my data is being used. And whether or not it's going to be used.
And, I can also use it as a way to, let's say, intimidate another party into submitting and not, not wanting my data, right, which I've already been doing.
Just not with this tool, here. I've not done this, by the way. I've not done it for this purpose. I did it one other time that it wasn't for this purpose.
And there's a why would we want to do this? We want to have control over this. We want, we want to, where we're gonna give data to some company.
And they're telling us we needed to make sure you're a real person or something, OK? Fine, once you've done that, then you can't use it for any other purpose. Oh, and by the way, you have to destroy it. Now now that you've succeeded at doing the thing you said you're going to do, you see, this Lean gives us that control.
And I'm gonna show you something that they've done an Illinois. And it's also in California, I believe, New York, there's a law in that state that governs the, the collection of this, this data, right? But these are the categories. So there's 4 for 4 categories related to invasion of privacy.
Now, invasion of privacy is a little bit different than the breach of a security agreement.
So what I'm trying to do is take what would be invasion of privacy and I'm reducing it into a security agreement. I think you'd get a better remedy here.
And I think you have a better control over the use of your data. I don't like to rely on just what the law says, because now I'm stuck with court.
If I have a security agreement, I actually write the law on the use of my data. Everybody that has every one of you that wants to do this that creates a security agreement for every other dead are out there.
Google your phone company, your DMV. You get to write the law on how your data is being used.
I'm just demonstrating to you, it's already on the books about invasion of privacy, OK? This is one aspect of this stuff. So it has to do with no intrusion or trespass right Intrudes into your private affairs. How often does that happen probably more than you'd like to know?
I don't know if you guys started the surveillance that's going on. Public disclosure, private facts. I mean, you guys have witnesses. I don't know that this is too much, and they're like, No, this does happen. But I don't think this is really what we're talking about, portraying someone in a false light. But it's more about the appropriation of your name or likeness.
OK, chances are, my thinking is, You're not gonna have to sue anybody.
It's just, it's just a way where we can actually start a certain control.
And I would make the argument that the collection use, the storage of our biometric data of our likeness is us abandoning our property rights.
Just because we didn't know any better, and I've seen this all the time. I mean, I see how people didn't even know they have a certain right over something, until I show them, and then I show them how to perfect that, right? And then their problems go away when it comes to financial matters.
Yeah. So what we're going to do is make a public record by declaring the financial claim you have against anyone else using your your likeness your data.
And we can make terms that give us all kinds of control.
So, anyways, you'll see, I'm going to show you right now, Let me mister ...
screen share here, but I want to get into this, and if I can, maybe we can.
Maybe we can do the next call regarding an actual law that has to do with the disclosure and collection of your biometric data.
And how seriously, companies are taking this, there are already taken very seriously, and their concern is about legislation, but they haven't they haven't seen this coming yet.
They have not seen that people are going to be out there creating security agreements, this is a whole new universe for these lawyers, OK, that work for these companies, they're only focused on legislation, So let me switch over here.
Anybody wants anything real quick, switch, no? Yeah, I have a question. All right, sir.
This nice, Oh, yeah. Yeah. Yeah. How do we introduce our no Arlene, our security agreement, on our data, I mean, it would appear that it's time. We do. Most people will say, well, we're not going to serve you, because it's, you know, that doesn't happen, too. Yes, that would probably preclude you from having certain services, and that would that would be something you have to just deal with, on a case by case basis. You know, it's almost like, you know, in my situation, I've never file tax returns since like 993 K.
I have a completely different perspective of the banking system, that is a lifestyle change, that, that changes a lot of thing, many things about how I interact. I mean, I carry my own car insurance.
I'm not doing that to be some Whacko, I'm done. I'm doing it for practical reasons. So, these decisions that you make are gonna probably change how you interact with everyone around you.
I'm thinking it's for your benefit, I mean, you can always undo it.
All right, you can always undo these things. But look here.
So, there's a, there's a law in Illinois.
It has to do with, you know. Let's see here.
Illinois Biometric information, I'm sorry, the Biometric for Privacy Information Act or something like that.
Whereas, where they call this thing, area.
This is the actual statute. I'm showing here.
Biometric information proxy. And what's interesting is so they go through a few things. The introductory things here. What I found interesting is they go to define this, OK? So, if you look at the language I gave you guys last week, I'm trying to define what biometric data is.
So they're doing it to the state of Illinois saying the biometric identifier means A retina or Iris scan.
I mean, I don't know they're using the proper terminology, or I would say it's a pattern.
Your fingerprints, voice prints scan of your hand, OK? Your hand is your biometric data.
And then there are, OK, so once they, once they say what it is, You'll notice this in all the legislation, by the way.
Once they say what it is, which is extremely helpful to us, but I'm going to show you that it's not necessary, saying the rest of the statute says what it's not.
It goes on, right, it goes on to exclude certain things and you can read it.
So I'm gonna say this.
This state law is, can be, let's say, OK, the state law is good that it's there, I like what they think. I like, these remedies are good things. And essentially, you get a private cause of action here, OK.
But the security agreement, it's going to step over the state law, and it's going to become a law unto itself, just like a mortgage, OK. A mortgage is administered and permitted by a state law, but the mortgage itself has all kinds of latitude and how it can be written and carried out.
It has more rights than the law gives the bank.
This law gives you certain rights, but the security agreement gives you a whole bunch of new rights, OK, and benefits.
That's why I like the security agreement. Now, we can have the security agreement and the benefits outside of this law.
I just think that it's becoming more understood by companies and the states that this is going to become a thing.
Anyways, I don't want to go into all this. But see how they, the language here they're using. You're going to find this a lot of the things I'm publishing.
All right, they have to get your consent.
Now, let's say here, up. Here are the conditions, right?
So, in order, in order for somebody to go and get your data, I'm summarizing this.
one of the things he has to do, is, he has to get your written release.
Haven't you ever seen that before?
You release people of royalties or claims on your photographic, you know, photos, like if you go to a sporting event or something like that, or you're involved where there's filming, they're going to ask you to sign a release, right?
Because you do have a claim on the use of your image, so if your party if your pictures taken somewhere in a group and then they use it for what could be construed as commercial purposes, you have a claim. So what they want to do, is, their risk management of the organization is going to have you sign a waiver or release.
Well, when you have something like this, at the point, you're gonna exchange the benefits, Yeah. I don't even care if you're, this applies, if you're going to, let's say, download an application on your computer or your phone and you accept the terms by clicking a button you've just entered into an agreement. Now.
That's an adhesion contract. You can't change it like a warranty.
But you can you can change it because it concerns your private property so you can follow up the agreement within a reasonable time such as with the security agreement.
Now, if you already have your security agreement in place or shortly after, and you'll notice that the other party, you then impose new terms on that supplement.
The organizations are the recipients.
The debtors own privacy policy.
So, your security agreement is going to have more control than what rights you may get, or what obligations you may have, or what rights the other party has in its privacy policy.
The security agreement is going to have a lot more power, all right, so I'm saying here.
So, anyways, that's, that's, that's what the Illinois.
You guys can check that out, the other one is, like, look how important it says.
I mean, this is what, you know, it's a huge conversation right now. It's happening across the country, at least here in the states with lawyers.
Right, lawyers, discussing this in risk management, Risk management, as I'm telling you.
I think when we start falling these things, it's going to show up on the balance sheet and all **** is going to break at least for lack of a better way to explain it.
This is going to be favorable to us because it's gonna give us a share, a claim in, a say in what's going on with these policies and this surveillance.
So, yeah, some states, they don't have anything. It's kinda like a Wild West right now. It's what they're calling it.
But we don't care about these laws because with our security agreement, we're writing the law.
We're writing the terms.
All right. So anyways, you can look that up.
And then I just want to give you an example. I mentioned this before, I got more detail on this.
Mohammed Ali, before he died, I think in 2004, this articles from 2006, but in 2004, he sold 80% of his likeness for $50 million now. I'm not saying you or I could do that.
But what's interesting, why if he can do it, why can't anyone else?
I mean, it certainly is understood that there is a thing known as a likeness one's likeness right now. We're just giving it away for free.
In fact, companies are making money off of it.
Now, the 20% that aliya retained was held in an LLC of all things, right?
..., LLC, right, the greatest of all time. That's what he does, What he called. it. Goat LLC. So goat LLC. I was 20%. Mohammed Ali, likeness, who owns the other 80%. I don't know.
I mean, Maybe we know who bought it.
Speaking of LLCs.
What's that? Speaking of LLCs?
Whenever you're ready to ship subjects, can I ask you a question about LLC's? Yeah. Yeah, let me finish up here. Then, so, so anyways, his family's now benefiting from the lien rights, OK? I don't know if there's a security agreement here. I'm just saying they made a licensing agreement with the lightness with his likeness. It's a licensing agreement, the security agreement can lead to a licensing agreement. It can be part of the license agreement.
Then the last thing here, and who is profiting, I don't know, Um, Somebody has to tell you more about the situation here is really interesting.
So it's just more information, but that's why I want to share so anyways. What did you want to ask by LLC's? Someone who is pretty smart with all this stuff as you, I don't know if they're on your level, but they said that as an American state and national, you no longer want to use LLCs. You only want to use trust because LLCs are the whole corporate system. Right, So is that true or no.
An LLC is, you would say that. Yeah, OK, Well, an LLC is a tool. Look, if I buy a lawnmower, does that make me a lawnmower?
Does that change my rights? Isn't a lawn or a tool? Isn't an LLC a tool that you can use to manage money?
It doesn't make me something else, and your nationality has nothing to do with your use of a company, and changing your nationality, guys does not relieve you of any other obligations you would normally have, change your object, changing your citizenship, and becoming a national that's nonsense. It doesn't mean, where do people pick up this stuff, because that's how we pick up this random stuff all over the place. And it's like, I'm like John Jay is going to know the answer, then, I've just said it so many times. People have come to me, and they'll say, I finished my American National, whatever they did in the day.
And I'm like, OK, but you still have to deal with the problem, is, still is still compromise whatever it is. Or you still are subject to this obligation. Sometimes, you can get either. Sometimes you can't.
So, yeah, American National doesn't.
Using an LLC, OK, it's part of the corporate system, but guys, The corporate system. Yeah, Understand what it's doing. It doesn't make you into something that, you're not OK. So, if I'm using, Why am I going to use an LLC in the first place? Ask these, guys.
Why? What is the whole point of an LLC?
I'm just going to say, asset protection.
It's, it's to manage financial risk, right? Is to separate you from your, from, from your assets. That is one way of doing it, right? Now, why did why did? Why did the state agree to publish the existence of my articles? Because the and I paid a fee for this.
The state is giving me indemnification the state is allowing me to protect my interests because it's the state.
I'm kidding, I benefit from it.
I'm not being subjugated, Everything is Slaved. The problem is people think they misunderstand the whole system, right?
So they get a company and they think that getting a tax number assigned to it creates a tax liability, or they think that because the tax rate for corporations is 30%, they have a tax side building. No.
The tax side, though, they come from what you do, you're the one that decides, creates a situation, they have a tax identity. That's why, that's where all the misunderstands coming from. It's just like, I just did a video for like three minutes the other, just a few minutes ago with a friend of mine, and so, he just off, we'll just talk about some totally different.
And he says, Hey, do this thing. If you just started this video and did a recording is listening to me, now, we're going to play it later, but he says, What's the difference between an irrevocable trust? An irrevocable trust and I said, well, trust means that a third party is going to hold the property rights and do something usually outside of your state, if it's revocable. That just means the person who gave the property rights can get them back, and in some cases, it's really useful and effective. That's what you want is to other cases like.
For example, it's going to allow a creditor to step into the trust and make make you recover the property. You convey to the trust because it's revocable.
So it's the nature of your property rights, your relationship. If the trust is irrevocable, you won't be able to do that, and because you can't do that, a court can't order you to do it.
That's it.
Protection from, so if I'm using the tool, like an LLC, just because I am an American national debt, maybe some different, now, getting new information, so, that not located. So, it's with the banks that trust is actually better than what, then, than an LLC. No, it doesn't matter. No, it does not matter. The bank is providing you a service.
It does not change your race or liabilities, they do. The very last thing I wanted to ask you in relation to LLC is not, and this will be my last question. I thanks. Thanks, John. The question is, is like you said, I got an LLC with you awhile back number of years ago and you said it was OK to allow that LLC to dissolve, like, the state, to refresh my memory as to why that's OK.
So, it makes still makes the LLC legitimate.
Yeah, or at least the arguments. Right?
OK. The only reason, and this comes from somebody, me who sits for these two ND I don't do this anymore, for hours and days and weeks, literally, reading case law, to understand how this stuff works.
And this is way back when I'm going to say, but it's because the judges said so, when the judge is going to adjudicate a claim, he's going to look at an LLC if an expire charter, If there's no other indicating factors, He's going to say that charter is still valid, I'm going to uphold it.
If there's other factors like, for example, if you obviously used it to defraud somebody, then that's going to be the reason why it's not going to be upheld by the veil is going to be pierced.
But just because the charge expire does not invalidate the property rights held, buy the company.
And it doesn't make it go away like the property rights revert back to the company owners. The judge won't do that.
That's just our system, OK. Then, for, and it doesn't matter, what you said was, it doesn't matter whether you use a trust or an LLC, because it's because the bank is providing a service.
Exactly the trust the trust is not altered because you have a bank account.
Now the trust is going to try its best to, to not allow you to sustain the protections you are seeking, As you guys have witnessed. When we try to do a PMA owned LLC, you see how much the banks want to squat, that the Banks themselves are .... But, no, you can't have one. You know, so, or they want to know the identity of everybody, or they want, they want a copy of your operating, why does the bank needs your Operating Agreement?
Well, yeah.
Like, there was a bank that said, they just want either that they want the short form or the long form. Trust of the trust, right? So, then like that.
They didn't even really say what part, I just said, they want it, because anytime someone wants to make a claim on your property or the seiners property, whoever's affiliated with that, they're gonna get the banks help to pierce the trust or company. Right, that's easily done. I'll tell you. Right now, that's why I write your operating room because if you take one off the shelf, it is written so that you have no protection.
And if the bank gets a copy of it and then a creditor gets an order and says, Hey, give us that guy's property. The banks going to ignore your LLC and give the property, and you're gonna say, Wait a minute, I'm not even the owner of the company, or, I'm only 20%. You can't do that.
And they're gonna say, Well, your operating Agreement didn't protect you.
You didn't know that, because, What, why?
Because you went to a CPA to have it down, or you went to an attorney, and you would think an attorney would, would write it properly. No, they write it to help the creditors out, the banks.
God, I love you, man. You're so amazing. Well, I'm glad to help. I mean, I'm glad it can I can show people this stuff.
I'm just fed up with them, exploiting everybody, Doctor ..., What do you, before I get to the next chat thing from LA. Anyway.
Hey, John.
Yeah. OK, last last week, I Enquired, I was asking you about some tax returns for some crypto transactions that actually is for my son.
Yep. But he followed.
He sent his tax return.
He did it with HR or blog, or whatever the organization is, and he sent the information you got from Coin Base for just the actual transactions that were he traded in the US.
USD, but he didn't include the Swap Transactions that Coinbase Center.
Which we know there's, there's no, right, like we've discussed privilege, right?
10 40 conflicted with the 1099.
Well, you send it off without chinon, swap transactions, and the IRS rejected is tax return to send it back, and so they needed the rest of the information. So, they're probably going to want to, know, all traders. Yeah. What they, whatever they do. So, my question is, is, I've thought about, maybe, maybe haven't send it to the cryptic accounting folks that you recommend and let them look at it or what do you suggest?
Well, the 1099, if it's erroneous, should not be included at all, and they're going to have it. The IRS has it. It's been posted to the IMF.
But he needs to report only like you did correctly. I don't know what you mean by send it back. I've never heard of that before.
They already sent it back the H&R Block's contacted because he went in and they follow it and they got a notification H&R Block send it back. Well, they get they said that the IRS rejected his his tax return because it doesn't make any sense that way. Yeah, well, I haven't heard that one before, but now they're lying.
They did H&R Block that C H and R block is like the banking system. They're also in on it, they're also trying to get you to go.
Yeah, so, don't go to H&R Block.
Can I know the cryptic accounting if I have him? Yeah, those guys. That's just to somebody who's not gonna do stupid stuff and just report correctly and they tend to a nice erroneous. I mean, we can do a request for determination later also.
I mean, that I can do one of those, too, if you want. Just give me the 1099 and I'll do it.
So, In the meantime, just so that he gets the same fall in a timely fashion, you have another account, and do it, you can have the cryptic Accounting guys do it.
Yeah. So, is it too short of a time for them to, I mean, it's a it's a short tax return and minutes.
It's not very, I don't know. You have to ask. Yeah, OK. All right. So, that's where all instruct. Yeah, that's really where I think, HER did the I don't think the IRS did that. IRS is not even that fast, Come on. Our Wait Watch Exec, ... did it, he sees, he told, they rejected his return. I got to be kidding me, right? Yeah. Yeah. Sure thing, right.
Elaine, why did you want to apply when Apple asks you to agree? Yeah.
You can have a waiver, you can't have a waiver, but if you have a security agreement, in the security agreement, Now, I'm putting this together, OK. So, in the security agreement, I'm going to have a provision that talks about when there's a waiver and when there's not.
All right. I'm just going to protect you.
OK, so, I'm talking about, like when you call them for help with something you're working on. In the end, you need to screen share, because it's too hard to explain without them looking at the screen. That's where they send you a little message, that you accept their invitation, OK?
Now, is, if you really want to do that, you need to put restrictions on the collection use and storage of the data that they had access to, and that has to be fully disclosed to you.
So, if they are not disclosing to you what other information they had access to, that's a breach of your security agreement.
So, that's another example of how you can control the access or royalties or something on it.
Even if this is like this. I never had this security agreement before, like, I'm doing it, It has to be in place.
It has to be After the fact, either it, it can't be after it has to be in advance of the incident of the dance of the requesting for help, or advance of the agreeing to get applegate event. That may constitute a waiver.
It has to be in advance of, you just like them, they can't go back, we can't go back, either.
So, yeah, it has to be in advance.
I don't understand what you mean in advance. You have to have the agreement first, otherwise, you're not protected.
So, before you to purchase Apple Care for your computer, you have to present them with disagreement.
Right. You should have it in place already.
Well, we don't. You can look. You can have an account with your phone company, right?
And then next month, do a security agreement and impose those new conditions on your contract and that opens the door to your phone companies saying, OK, we don't want you as a customer anymore.
I don't think that's going to happen, but I'm just saying, you can change the contract, But in a situation, like, oh, it's a one-time thing, a screen share, and it's not going to happen again. Maybe let's say, you gotta have the agreement, then, you can't do the screen share thing.
Let them have access to your computer, and then, next week, recording the security agreement, you gotta have your security agreement that already covers that, in that example that you're giving.
Let me, let me move on, because I need to get this. OK, So, Store lean on security, store, park somewhere, and then add it to our signature.
But, yeah. Yeah. I don't know that you need to do a restrictive endorsement. I don't think you need to do a restrictive endorsement. We can, we can also cover that in the Security Agreement or restrictive Endorsement is when you when you sign your name and you say rights revert Reserved, or you put UCC or something like that on there like, people like to do. That's a restrictive endorsement. I think the security agreement covers that.
Um, yeah, I mean, it might be, it might be as this might be as revolutionary.
I mean, this is this might be a point in history where people start realizing they actually have property rights that they can, they can impose, and then they can exercise.
And on the Lean, I'm not sure it OK that the security agreement is the security agreement. I think maybe there should be a dollar amount or something. I'm not sure exactly yet, but you can also have amount set forth in a licensing agreement.
And we'll book, cover that on other calls. And then as I started doing this, we're going to come up with those things.
And then, how do you hold companies accountable? If they use biometrics OK, so, if you if you have, what do you do? if someone doesn't pay, what does the bank do? If someone doesn't pay on the mortgage?
The bank forecloses right, it forecloses on its interests, and its rights explained in the mortgage instrument.
The note, but really, the Lean, the Lean, is the mortgage. The trustee, right, the mortgage. So that's what you would do.
You have a mortgage called a security agreement in which the collateral is your biometric data, right? And if there's a breach or a default, then you would foreclose upon that. You would foreclosed upon your rights and it would be worth dollars.
You would go to the court system.
That would be one example.
They pay a lot of money for that data.
I know they're making a lot of money, and that would be quite interesting, because, if we took some cases into the court, we could get into discovery and discover what they're really doing with this data.
Watch how fast they don't want to go to court anymore. Watch how fast they want to pay you to go away.
Yeah, So, how do you, how do you separate property taxes from the mortgage? Well, OK, let's look at in terms of lean, so property taxes, one lane. That is superior to the mortgage lending mortgages and this is superior morally, it's pretty good lean, but the property taxes can wipe out the mortgage.
Think about that for a second, that property taxes can wipe out the mortgage. So, let's say, just just tissue where the question here, what happens if my, I'm not paying my mortgage, and then I'm not paying my property taxes, and then the State forecloses first?
Then I go to the auction, and I buy the taxing certificate, and now I have the lien rights on my own property.
And there's there's a default in mortgage on it. And the mortgage company can then foreclose on my property.
Well, I think what I'd like to do is foreclose on my property with the tax lien certificate and wipe out the mortgage.
That's difficult to do. That's why I don't talk about that too much, but it's just an idea.
Um, and let's ask, so John wants to ask a question here.
OK, I was wondering, Do you think that if you open up this little Pandora's box with just a handful of test things or whatever with the agreements, that they'll be able to come counter Your attempt? Sure. And less. We don't have enough people to do this.
That is a big group all at once, Then, it won't work. That's been the trend.
Over the years, I've seen people do things like this, and they, they, then, the system wakes up and tries to address it. And I think the more people that do it, the better.
Maybe it's naive for me to say, but right now, I don't think that I'm going to see that I think this is security like anything else. It's the same thing, the Banks, there's nothing, there's nothing different except it's gonna be used against them, so. But yeah, it is, it is possible that just with just a few people doing it we would be the outcasts and the ones, the evil doers, right? The terrorists of the group. And but if 40,000 people did it, then that's a different story.
All right.
That's what I was wondering if you have some kind of a plan two, like, I don't know. Without disclosing the details, try to get a, an army, for lack of a better word. Just open it up. Hey, I'm going to market to market. I'm marketing it right now. We're talking about right. I'm marketing and definitely, but the law is on our side and I wouldn't know what they're gonna do and how to respond yet until they do something. They meaning, you know, the bank, the court, I don't know yet. So let's see how it plays out because we'll be using it for different things.
I'll take you an NHS match. Yeah. Exactly.
You don't know, so I'll be on your side for any chess match. All right, thank you. All right, let's do it. Yeah.
John, could you know, just a few sentences, could you give me a quick summary of what prompted this conversation about the security agreements? Because I'm kind of in the door.
Could you go in?
I, I, was, I've been looking at this for several years and I had written a chapter in one of my books on restrictive endorsements, and private Property Rights when it comes to identifying information. And I've been interacting with clients over the years on different aspects of that.
And it just got me thinking, what would be the ultimate thing to do to protect this situation? I'm not gonna get into detail, but it came to me that it should be a security group because it is private property and you're letting someone else use it.
And that's where I came from. And I really didn't, I didn't get into it too much because when they started, you know, in 20 20 with a fake, you know what?
I acted and I actually, I started doing this in 20 17. I started talking about it and it hasn't been until this year that it was something I could deal with.
And, that's where we are, That's why I brought it up, and I finally decided to talk about it last week in this way.
How would you apply? When would you, where would you send it to accompany anybody that's using your data? So, I would, the way it looks like this. OK, So, you get a security agreement this, for this purpose, and you recorded your county, and you record it in your Secretary of State's Office, and you get yourself a certified copy, or 2 or 3, or something like that. You hang on to it. You can always get certified copies, you'll get the original, They'll send it back to you. So that it's recorded. Then it's, let's say, it's going to be recorded for every third party. It's going to be Google or Amazon, right? So I would say just for knowing what's going to happen. I would send a certified copy of my security agreement to the Chief Counsel at Google.
And just wait for the fireworks.
Wait, because I just took some of their money.
I have a right to do that.
Hmm, hmm, hmm, hmm, hmm, just express that right in the same way that you do it.
Google, so you apply, you applied with the State of your, This is my Property where you reside. Yeah. Just pick one.
Yeah. So you're saying, this is my property.
I'm registering myself, and this is my property right right here. And then you do.
You're doing it with the state and then you would send it off to you, send it to Google or whoever's whoever has a whole. I would put them on. Notice I would send them a letter, saying, please be advised that the use of my biometric data, which is explained here, and is subject to the terms and provisions of the attached security agreement.
It is, it's, there's, there's no way around it, you know, to it, and now they have a choice. They Can say they can provide you with a certification of all the data they've collected about you.
That's been destroyed their problem is I don't know if they're going to do that yet at first. I think later on They're going to figure out they could do that, But then it becomes very expensive because there's more people do it They have to not only do that but they have to sever ties with you and Google's base of how they're going to even know to do that.
Hmm hmm, hmm, hmm, they have a big problem.
Hmm, hmm, hmm, hmm, Hello.
What happens when they share that data with other parties and they're not even sure if they have an obligation now that they've shared with what is their obligation look like? They probably couldn't even figure out what that means.
Hmm, hmm, hmm, hmm, hmm, Hmm.
Yeah. It's going to be interesting.
Yeah, that's that's that's wild. I never I've never even thought of that.
But, you, know, you get some attorneys involved in and they can have a field day with some? I mean, I could just I could just turn things upside. I would like to I would like to make it profitable to acquire these lanes.
So, like, if you, if you put some links down, I would like to buy them from you and bring you in on the deal so that you benefit financially from the use and marketing of that lien.
And who knows what ways I don't even know yet?
Right. Right. Like, what you do for commodities. They set up a commodities exchange, Chicago, Chicago mercantile, right?
Why, right, with our biometric data, we're the, we're the ones producing it.
Yeah, I agree.
Yeah, so.
All right, Well, OK. Hey, thanks for the questions, guys. I'm not gonna, I'm not gonna go forward, I mean, this is, this is good information. I just want to introduce that again and for next week, if I could, if we could do this again.
I think I'd like to, but You have something else. Really quick? Yes, sir.
So, basically, so, I lost the button on my ledger and then I was using a pen and then broke the mental part broke off so I can't literally get into.
So I'm gonna, I was going to send it to this famous hacker to help me get into it and I'm going to sign a contract. I'm wondering. I'm going to go ahead and set up an appointment with you, I'm wondering if I can send that contract to you so that you can read it before we get on our 25 minute consultation. Please do that, because my friend, my friend, did that, and she lost all of our money.
Literacy Gurwitch, I don't know the details, but just be quick about it.
She lost all $100,000, OK, Well this guy.
If it, if you have a ledger, you have your, your, your 20th. No, I don't see words. I've got my, Yeah. I know it's, You can slap me across the face. I know it's It's the dumbest thing ever. But But But but, but but I know that John didn't help me find a way to make sure that I'm protected because I actually chose this guy he's done for multiple people complaints.
Sounds good, but I definitely want to see the contract. I want to make sure he's indemnified, and this is secure transaction, because the reason why this is my friend lost money is because, and I had told her a certain thing to do, and she did something else. And she, she's, like, yeah, I know. But she would happen, I think, as, there's, there's a security breach in the, in the transaction. And someone got her C code and took her. Took her money. Essentially login.
It was something like that, it was a hack access with her information, that's what a hack is.
They usually use your information, yeah, so, but fortunately, there's the ledger that's connected to its very secure with the wallet and everything. I've got the pin, or he doesn't even have the pin, so he can't even get in until I given the word you're gonna get on a zoom.
He says, you can press the actual button first and last name, any problems or zoom in and you'll take his percentage and he's going to send me the rest.
But, I know that I know that I need to have you helped me make sure that I'm, Please let me say, please let me see, OK. I'll set them for the next available appointment.
Alright, looks good. Thanks guys, Appreciate it. Will do this tomorrow. Alright, thank you very much.


1. John Jay continues his discussion on Liens, particularly focusing on the biometric data lien.
2. He explains that using the HOA covenant, a type of lien, can control real estate title, preventing state property tax or city code enforcement from taking over.
3. The covenant gives the title owner the last say over property title, enabling them to retain or recover it in case of foreclosure.
4. By understanding and using this covenant, community members can ignore city, county, and property tax laws.
5. The community can then dictate rules and control the use of their funds.
6. John mentions an argument against property taxes, stating you can’t tax a right, and owning property is a right.
7. He proposes using the Uniform Commercial Code to establish a lien; downloading an app or sharing your biometric data can create an agreement subject to a security agreement.
8. This process can restore property rights that may have been waived when the user agreed to share their data.
9. John also discusses the idea of a security agreement for one’s biometric data, which would allow a person to control how their data is used and potentially intimidate companies into not wanting to collect their data.
10. He explains the benefits of using LLCs and trusts for asset protection and the role banks play in providing a service, not altering the rights or liabilities of their customers.

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