1 00:00:00,120 --> 00:00:02,880 Speaker 1: Hello, and welcome to another episode of The Mark Moss Show, 2 00:00:02,880 --> 00:00:05,920 Speaker 1: where we talk about the decentralized revolution. Of course, each 3 00:00:05,920 --> 00:00:08,560 Speaker 1: and every week talking about how the world changes. The 4 00:00:08,600 --> 00:00:11,400 Speaker 1: world is always changing, but if what's important to understand 5 00:00:11,480 --> 00:00:13,399 Speaker 1: is that it's not going back to the way it 6 00:00:13,480 --> 00:00:15,920 Speaker 1: was before. The world is changing, and so you have 7 00:00:15,960 --> 00:00:17,520 Speaker 1: to look at history, the long lens of history to 8 00:00:17,600 --> 00:00:19,760 Speaker 1: understand where we're coming from and where we're going. That's 9 00:00:19,760 --> 00:00:21,160 Speaker 1: what we're talking about each and every week, and of 10 00:00:21,200 --> 00:00:23,800 Speaker 1: course we look at it through the lens of politics, finance, 11 00:00:24,079 --> 00:00:28,480 Speaker 1: and technology, and the technology being bitcoin and the decentralized 12 00:00:28,520 --> 00:00:32,000 Speaker 1: technology that is changing the world. And i'd like to 13 00:00:32,040 --> 00:00:34,839 Speaker 1: bring to you, you know, some educational pieces to help 14 00:00:34,880 --> 00:00:36,839 Speaker 1: you kind of understand what's going on a little bit 15 00:00:36,880 --> 00:00:39,919 Speaker 1: different than what people are shoving down your throat. And 16 00:00:39,960 --> 00:00:42,080 Speaker 1: we look at the politics, the finance, and the technology. 17 00:00:42,360 --> 00:00:44,960 Speaker 1: And I want to talk about the technology piece today. 18 00:00:44,960 --> 00:00:47,640 Speaker 1: Something I've been talking about this last week. Some things 19 00:00:47,640 --> 00:00:49,400 Speaker 1: that a lot of people don't know. You know, a 20 00:00:49,400 --> 00:00:53,320 Speaker 1: lot of times when you hear about bitcoin specifically or cryptocurrency, 21 00:00:53,720 --> 00:00:57,520 Speaker 1: you know, from a US centric viewpoint, people would like 22 00:00:57,560 --> 00:01:00,520 Speaker 1: to argue that without really taking into account it's happening 23 00:01:00,600 --> 00:01:03,200 Speaker 1: in the world, and so a very US centric viewpoint. 24 00:01:03,280 --> 00:01:06,959 Speaker 1: I listened to a conversation with someone that I like, 25 00:01:07,120 --> 00:01:10,080 Speaker 1: someone that I kind of respect your viewpoint, Michael Shellenbergers. 26 00:01:10,120 --> 00:01:12,440 Speaker 1: He's done really good job talking about climate and stuff, 27 00:01:12,440 --> 00:01:14,160 Speaker 1: and I agree with him on that. And I listened 28 00:01:14,160 --> 00:01:16,560 Speaker 1: to him talk with another one of my buddies, pomp 29 00:01:16,560 --> 00:01:19,400 Speaker 1: Anthony Pompliano, and it was a pretty painful conversation, and 30 00:01:19,520 --> 00:01:22,080 Speaker 1: Shellenberger is basically, kind, we don't need this. The U 31 00:01:22,120 --> 00:01:24,040 Speaker 1: in nine States doesn't need this. This is stupid. We 32 00:01:24,040 --> 00:01:26,600 Speaker 1: shouldn't have this. The US government should protect their US dollar, 33 00:01:26,680 --> 00:01:29,480 Speaker 1: this and that, blah blah blah blah blah, And all 34 00:01:29,520 --> 00:01:31,280 Speaker 1: I could just think about the whole time is like, 35 00:01:31,840 --> 00:01:36,160 Speaker 1: what a selfish US centric viewpoint to have. So in 36 00:01:36,240 --> 00:01:39,720 Speaker 1: the United States or Canada or in the western developed world, 37 00:01:40,240 --> 00:01:42,880 Speaker 1: we're sitting there at the bar having a twenty dollars 38 00:01:42,920 --> 00:01:47,400 Speaker 1: cocktail and your money works pretty decent. Maybe you don't 39 00:01:47,480 --> 00:01:50,560 Speaker 1: know why you need an alternative like a bitcoin or 40 00:01:50,600 --> 00:01:53,280 Speaker 1: cryptocurrency or something like that. If you're one of the 41 00:01:53,280 --> 00:01:58,240 Speaker 1: other three billion people that live in a country where 42 00:01:58,240 --> 00:02:01,920 Speaker 1: that has massively high inflation, double or triple digit inflation, 43 00:02:02,040 --> 00:02:04,040 Speaker 1: or an authority terror regime that will steal all your 44 00:02:04,040 --> 00:02:07,000 Speaker 1: money from you. You don't have to wonder why you 45 00:02:07,080 --> 00:02:08,959 Speaker 1: need something like bitcoin. You don't have to wonder, you 46 00:02:09,000 --> 00:02:13,280 Speaker 1: already know. So, for example, in Nigeria, their currency is horrible. 47 00:02:13,320 --> 00:02:16,280 Speaker 1: It loses value so fast. You can't you can't hold it. 48 00:02:16,320 --> 00:02:17,799 Speaker 1: You have to buy stuff all the time because it's 49 00:02:17,800 --> 00:02:21,400 Speaker 1: just losing value so fast. And so in Nigeria they've 50 00:02:21,440 --> 00:02:23,960 Speaker 1: moved over to bitcoin, and they've been using bitcoin for 51 00:02:23,960 --> 00:02:26,880 Speaker 1: a while now. The Nigerian government they said, oh, well, 52 00:02:26,919 --> 00:02:29,800 Speaker 1: people want digital money. That's what they want, So let's 53 00:02:29,800 --> 00:02:31,680 Speaker 1: come up with a CBDC, and they did, and they 54 00:02:31,680 --> 00:02:35,280 Speaker 1: came up with their own CBDC called the E Niara. 55 00:02:35,440 --> 00:02:39,000 Speaker 1: Now the government's like, hey, people, you want a digital money. 56 00:02:39,400 --> 00:02:41,160 Speaker 1: We knew that because you're using bitcoin, and so here 57 00:02:41,200 --> 00:02:43,120 Speaker 1: we're gonna give you digital money. Here's your CBDC, the 58 00:02:43,120 --> 00:02:46,400 Speaker 1: E Nira. But nobody wants it, nobody uses it. And 59 00:02:46,440 --> 00:02:49,080 Speaker 1: so what all governments do first they apply the carrot 60 00:02:49,080 --> 00:02:51,360 Speaker 1: and then they apply the stick. So the carrot was like, 61 00:02:51,400 --> 00:02:53,880 Speaker 1: hey guys, if you use this edi R, I will 62 00:02:53,919 --> 00:02:57,160 Speaker 1: give you discounts on your taxi cabs and things like that. 63 00:02:57,760 --> 00:02:59,760 Speaker 1: But the people were like, why would we use that 64 00:03:00,000 --> 00:03:04,480 Speaker 1: because it's the exact same problem. It's still losing value. 65 00:03:04,800 --> 00:03:07,320 Speaker 1: I can't use it that something's going down in value 66 00:03:07,360 --> 00:03:09,280 Speaker 1: so fast. So no, we're not going to use it. 67 00:03:09,919 --> 00:03:13,320 Speaker 1: We already have bitcoin. The Nira is no different. It 68 00:03:13,400 --> 00:03:16,560 Speaker 1: solves no problem the regular Nira does. And so now 69 00:03:16,600 --> 00:03:19,359 Speaker 1: the stick comes out, and now the Nigerian government is restricted, 70 00:03:19,400 --> 00:03:22,800 Speaker 1: I believe all cash transactions or are sorry withdrawals of 71 00:03:22,840 --> 00:03:24,840 Speaker 1: more than twenty five dollars a day. So if you 72 00:03:24,880 --> 00:03:26,919 Speaker 1: want money, you can only take it in CBDC. You 73 00:03:26,960 --> 00:03:29,280 Speaker 1: can only get twenty five dollars a day of cash otherwise. 74 00:03:30,240 --> 00:03:32,880 Speaker 1: And so the Nigerians don't need to understand why they 75 00:03:32,919 --> 00:03:36,200 Speaker 1: need something like bitcoin. They already get it. If you're 76 00:03:36,200 --> 00:03:38,600 Speaker 1: in South Korea where the government comes and searches your 77 00:03:38,600 --> 00:03:41,280 Speaker 1: house regularly and steals any money you have, you get it. 78 00:03:41,880 --> 00:03:45,760 Speaker 1: If you're a woman living in Afghanistan and someone's trying 79 00:03:45,800 --> 00:03:47,280 Speaker 1: to send you money to help because the women are 80 00:03:47,320 --> 00:03:50,800 Speaker 1: being so persecuted there in Afghanistan, but you can't get 81 00:03:50,840 --> 00:03:53,480 Speaker 1: money sent to you because the Taliban steals it from you. 82 00:03:53,480 --> 00:03:55,960 Speaker 1: You don't have to ask why something like bitcoin is important. 83 00:03:56,000 --> 00:03:59,680 Speaker 1: You already get it. And so these viewpoints of why 84 00:03:59,760 --> 00:04:02,160 Speaker 1: do we need something like a bitcoin or cryptocurrency is 85 00:04:02,160 --> 00:04:04,560 Speaker 1: a very very US centric viewpoint, and you have to 86 00:04:04,560 --> 00:04:06,040 Speaker 1: look at the rest of the world. And so I 87 00:04:06,120 --> 00:04:08,160 Speaker 1: want to give you some more viewpoints. And so I 88 00:04:08,200 --> 00:04:10,120 Speaker 1: saw this week a news headline that kind of made 89 00:04:10,120 --> 00:04:12,960 Speaker 1: me think about this, and it's that Strike, a company 90 00:04:13,040 --> 00:04:17,960 Speaker 1: called Strike has expanded the lightning network powered remittances to 91 00:04:18,000 --> 00:04:22,240 Speaker 1: the Philippines. So what does that mean. Well, again, if 92 00:04:22,279 --> 00:04:24,880 Speaker 1: you're an American or Canadian or Europinian, you maybe don't 93 00:04:24,960 --> 00:04:28,200 Speaker 1: understand this. But if you live in any of the 94 00:04:28,200 --> 00:04:31,599 Speaker 1: other parts of the world, typically you send family to 95 00:04:32,200 --> 00:04:36,200 Speaker 1: a western developed world. So all over Mexico, Central America, 96 00:04:36,240 --> 00:04:41,279 Speaker 1: El Salvador, Nicaragua, Venezuela, you know, Philippines, etc. You send 97 00:04:41,400 --> 00:04:44,880 Speaker 1: people to the US to work and then those people, 98 00:04:44,960 --> 00:04:48,680 Speaker 1: the families, send you money back. That's called remittances. Now, 99 00:04:48,720 --> 00:04:52,400 Speaker 1: if I want to send money to somebody overseas, there's 100 00:04:52,440 --> 00:04:54,160 Speaker 1: not a lot of easy ways to do that. I mean, 101 00:04:54,160 --> 00:04:55,640 Speaker 1: obviously I can do a wire transfer. What if I 102 00:04:55,680 --> 00:04:58,279 Speaker 1: want to send them seventy five bucks, sixty bucks, or whatever. 103 00:04:58,800 --> 00:05:00,160 Speaker 1: So I would have to go to my bank bank, 104 00:05:00,200 --> 00:05:03,400 Speaker 1: stand in line, I drive there, take me whatever ten minutes. 105 00:05:03,480 --> 00:05:05,680 Speaker 1: Drive from the bank, another ten fifty minutes, stand in line, 106 00:05:05,680 --> 00:05:07,840 Speaker 1: I pull cash. I have to drive over to the 107 00:05:07,880 --> 00:05:10,080 Speaker 1: wal martyr of the bank, another ten to fifteen minutes, 108 00:05:10,920 --> 00:05:13,080 Speaker 1: stand in line, fell at the western uniforms and give 109 00:05:13,120 --> 00:05:15,080 Speaker 1: them the money. So that takes me whatever an hour. 110 00:05:15,560 --> 00:05:18,880 Speaker 1: Then in El Salvador or the Philippines or wherever they 111 00:05:18,920 --> 00:05:20,320 Speaker 1: live in this little town, they got to get on 112 00:05:20,360 --> 00:05:22,159 Speaker 1: a bus, ride a bus for a couple hours and 113 00:05:22,240 --> 00:05:24,160 Speaker 1: get to the city to get the cash. And they 114 00:05:24,160 --> 00:05:25,760 Speaker 1: have to ride the bus back with their cash and 115 00:05:25,760 --> 00:05:27,760 Speaker 1: hopefully they don't get robbed or mug or something like that. 116 00:05:27,760 --> 00:05:29,359 Speaker 1: So it takes a day for them and put the 117 00:05:29,400 --> 00:05:33,760 Speaker 1: massive risk. It's a big problem. And now with bitcoin, 118 00:05:33,960 --> 00:05:36,160 Speaker 1: I could send them money right now, instantly and for free, 119 00:05:36,240 --> 00:05:38,160 Speaker 1: like literally from my bed in my pajamas. I can 120 00:05:38,160 --> 00:05:39,960 Speaker 1: click a button and they'll have it within a fraction 121 00:05:39,960 --> 00:05:41,240 Speaker 1: of a second on their phone. They don't have to 122 00:05:41,279 --> 00:05:43,120 Speaker 1: get on a bus, there's no risk, and they can 123 00:05:43,160 --> 00:05:44,960 Speaker 1: do it for free. Now why for free? Why does 124 00:05:44,960 --> 00:05:49,560 Speaker 1: that matter? Well, El Salvador, about thirty percent of their 125 00:05:49,560 --> 00:05:52,599 Speaker 1: GDP comes from remittances, and the average fee for their 126 00:05:52,680 --> 00:05:55,200 Speaker 1: remittance is about thirty percent because it's like a flat fee. 127 00:05:55,200 --> 00:05:57,119 Speaker 1: So it's like twenty bucks a sent on Western Union. 128 00:05:57,240 --> 00:05:59,200 Speaker 1: But if only if I'm only spending, if I'm only 129 00:05:59,240 --> 00:06:02,840 Speaker 1: sending fifty bucks, it's a big percentage in the Philippines 130 00:06:03,360 --> 00:06:06,000 Speaker 1: is The Philippines is one of the world's largest remittance markets. 131 00:06:06,360 --> 00:06:11,440 Speaker 1: Thirty five billion dollars. Thirty five billion dollars is being 132 00:06:11,560 --> 00:06:15,120 Speaker 1: sent back as remittances in that old, clunky, pain in 133 00:06:15,120 --> 00:06:18,119 Speaker 1: the butt way, very expensive way I've just talked about, 134 00:06:19,080 --> 00:06:21,840 Speaker 1: all right, because it's using these very old technology, very 135 00:06:21,880 --> 00:06:25,080 Speaker 1: clunky rails. And Strike is a company that builds on 136 00:06:25,120 --> 00:06:28,239 Speaker 1: the Bitcoin Lightning network and they've fixed this. They've created 137 00:06:28,279 --> 00:06:30,880 Speaker 1: a new rail, a new way to do this. And 138 00:06:30,960 --> 00:06:34,200 Speaker 1: basically what they can do, I can just instantly send dollars. 139 00:06:34,560 --> 00:06:37,000 Speaker 1: It uses the Bitcoin Lightning network to send it to 140 00:06:37,000 --> 00:06:40,400 Speaker 1: the Philippines and then instantly on the other end they 141 00:06:40,400 --> 00:06:43,880 Speaker 1: can convert it into any currency they want. So the 142 00:06:43,880 --> 00:06:47,240 Speaker 1: Philippines is now working to do this using Strike and 143 00:06:47,279 --> 00:06:49,919 Speaker 1: so instead of using the Western Unions and all those things, 144 00:06:49,960 --> 00:06:54,159 Speaker 1: they just do it over the Bitcoin network, and again 145 00:06:54,200 --> 00:06:57,080 Speaker 1: they don't have to use bitcoin. What they're using is 146 00:06:57,120 --> 00:07:00,960 Speaker 1: the Bitcoin network, the rail system. Soily to send money, 147 00:07:01,000 --> 00:07:03,160 Speaker 1: you'd have to do it through the Swift system. That's 148 00:07:03,160 --> 00:07:06,200 Speaker 1: how money gets sent through Swift. This sends it across 149 00:07:06,279 --> 00:07:09,680 Speaker 1: not Swift, but instead the Bitcoin network. All right, that's 150 00:07:09,680 --> 00:07:12,120 Speaker 1: how it's doing cross border. Typically, like I said, it's 151 00:07:12,120 --> 00:07:14,200 Speaker 1: not cheap or fast to do a cross border, but 152 00:07:14,280 --> 00:07:17,600 Speaker 1: using bitcoin Lightning you can do this. And this Lightning 153 00:07:17,640 --> 00:07:20,440 Speaker 1: network has been growing massively. As a matter of fact, 154 00:07:20,480 --> 00:07:23,840 Speaker 1: there's over sixteen thousand nodes, seventy six thousand channels, and 155 00:07:23,920 --> 00:07:26,880 Speaker 1: about one hundred and twenty two million dollars of liquidity 156 00:07:27,280 --> 00:07:30,760 Speaker 1: locked up inside this right now. And the Strike app. 157 00:07:30,800 --> 00:07:33,000 Speaker 1: You can download the Strike app and you can convert 158 00:07:33,040 --> 00:07:35,320 Speaker 1: your dollars into the bitcoin and then sends across the 159 00:07:35,360 --> 00:07:38,040 Speaker 1: Lighting network and then in the recipients country, it delivers 160 00:07:38,080 --> 00:07:39,480 Speaker 1: to do them in whatever they want. So in the 161 00:07:39,480 --> 00:07:42,560 Speaker 1: Philippines they use a company called pouch dot pH and 162 00:07:42,640 --> 00:07:45,600 Speaker 1: it converts that bitcoin into local fiat currency and then 163 00:07:45,600 --> 00:07:48,040 Speaker 1: forwards the money through the recipients bank or mobile account. 164 00:07:48,480 --> 00:07:50,440 Speaker 1: So the important piece to understand is that you don't 165 00:07:50,480 --> 00:07:52,440 Speaker 1: have to understand that it uses the Bitcoin network. You 166 00:07:52,440 --> 00:07:54,960 Speaker 1: don't have to know that, just like you don't know 167 00:07:55,000 --> 00:07:57,520 Speaker 1: how my voice is coming across your speakers right now. 168 00:07:57,560 --> 00:07:59,520 Speaker 1: You don't have to know how it works. And that's 169 00:07:59,560 --> 00:08:02,800 Speaker 1: the beauty of this. And so this is how it's working. Now. 170 00:08:02,880 --> 00:08:06,280 Speaker 1: People in the Philippines or Nigeria or Kenya or else 171 00:08:06,280 --> 00:08:10,200 Speaker 1: I would or can receive money instantly and for free 172 00:08:11,000 --> 00:08:13,520 Speaker 1: in whatever currency they want, in the dollar, in the paso, 173 00:08:14,120 --> 00:08:16,720 Speaker 1: and they don't have to know that it's going over 174 00:08:16,760 --> 00:08:19,400 Speaker 1: the Bitcoin network. They don't have to know that it's 175 00:08:19,400 --> 00:08:22,440 Speaker 1: a new payment rail. And so this is changing lives. 176 00:08:23,200 --> 00:08:25,960 Speaker 1: It's saving lots of money, thirty five billion dollars it's 177 00:08:26,000 --> 00:08:28,400 Speaker 1: being spent, and a large part of that is being 178 00:08:28,440 --> 00:08:31,520 Speaker 1: taken up by fees. And so bitcoin is saving that. 179 00:08:31,560 --> 00:08:34,400 Speaker 1: Bitcoin is fixing that. Bitcoin is not old and slow 180 00:08:34,440 --> 00:08:37,400 Speaker 1: and clunky. It's the fastest and cheapest way to send 181 00:08:37,480 --> 00:08:41,679 Speaker 1: value across the world instantly, and the Philippines and lots 182 00:08:41,720 --> 00:08:43,640 Speaker 1: of other countries are now benefiting from them. If you're 183 00:08:43,640 --> 00:08:45,320 Speaker 1: just tuning in, you're listening to the Mark Moas Show. 184 00:08:45,320 --> 00:08:47,679 Speaker 1: I'm running through some of the biggest headlines of the 185 00:08:47,720 --> 00:08:50,319 Speaker 1: week as we document and discuss how the world is 186 00:08:50,400 --> 00:08:54,280 Speaker 1: changing through the decentralized revolution, and we look at through 187 00:08:54,280 --> 00:08:57,600 Speaker 1: the lens of politics, finance, and technology. Now, there's lots 188 00:08:57,640 --> 00:08:59,360 Speaker 1: of other big headlines that happened this week that I 189 00:08:59,360 --> 00:09:01,400 Speaker 1: want to talk about that you need to know about 190 00:09:01,600 --> 00:09:03,280 Speaker 1: if you want to stay in formed, that if you 191 00:09:03,320 --> 00:09:05,640 Speaker 1: want to see how the world is changing, where we're going. So, 192 00:09:05,679 --> 00:09:07,079 Speaker 1: I got a lot more to cover when I come back. 193 00:09:07,080 --> 00:09:08,559 Speaker 1: You don't want to miss it, don't go away. I'm 194 00:09:08,559 --> 00:09:11,320 Speaker 1: gonna be right back. All right, Welcome back. If you 195 00:09:11,360 --> 00:09:13,640 Speaker 1: are just tuning in, you're listening to the Mark Mass Show. 196 00:09:13,679 --> 00:09:16,320 Speaker 1: We're talking about the decentralized revolution that we talk about 197 00:09:16,320 --> 00:09:19,480 Speaker 1: each and every week, as the world is decentralizing, as 198 00:09:19,520 --> 00:09:21,520 Speaker 1: we look at it through the lens of politics, of finance, 199 00:09:21,559 --> 00:09:24,120 Speaker 1: and technology, and we're talking about some of the biggest 200 00:09:24,120 --> 00:09:27,079 Speaker 1: breaking news headlines. One thing I saw this week that 201 00:09:27,160 --> 00:09:28,960 Speaker 1: kind of caught my eye that was kind of interesting 202 00:09:29,240 --> 00:09:33,120 Speaker 1: is from the Washington Post the wappo. Their slogan is 203 00:09:33,120 --> 00:09:36,920 Speaker 1: that democracy dies in darkness, which is sort of rich. 204 00:09:38,160 --> 00:09:42,000 Speaker 1: They're killing the democracy by lying to us and surpassing 205 00:09:42,040 --> 00:09:45,559 Speaker 1: the truth. I talked about earlier in a previous segment. 206 00:09:45,559 --> 00:09:47,240 Speaker 1: If you missed it, you can catch me on the podcast. 207 00:09:48,000 --> 00:09:49,680 Speaker 1: Just search Mark Moss The Mark Mos Show in your 208 00:09:49,679 --> 00:09:51,960 Speaker 1: favorite podcast player, or you can always watch these and 209 00:09:51,960 --> 00:09:54,400 Speaker 1: listen to me on my YouTube channel called Market Disruptors. 210 00:09:54,480 --> 00:09:57,160 Speaker 1: Check that out as well. I talked about how they're 211 00:09:57,240 --> 00:09:59,800 Speaker 1: using disinformation and they're always doing the opposite of what 212 00:09:59,800 --> 00:10:02,640 Speaker 1: they say. So the Wappa Washington Post is saying that 213 00:10:02,679 --> 00:10:05,920 Speaker 1: democracy dies in darkness, but they're the ones creating darkness. Interesting, 214 00:10:06,000 --> 00:10:07,480 Speaker 1: but anyway, I don't want to go into that tangent, 215 00:10:07,640 --> 00:10:09,000 Speaker 1: but they put up this article that I thought was 216 00:10:09,000 --> 00:10:12,000 Speaker 1: pretty interesting. We're talking about the doomsday clock. You ever 217 00:10:12,040 --> 00:10:15,240 Speaker 1: heard of that the doomsday clock hits ninety seconds to 218 00:10:15,320 --> 00:10:21,920 Speaker 1: midnight its most dire prediction ever. They say ninety seconds 219 00:10:21,960 --> 00:10:24,160 Speaker 1: away from midnight, whatever that means. But this is according 220 00:10:24,160 --> 00:10:27,959 Speaker 1: to the doomsday clock, and basically what it is is 221 00:10:28,240 --> 00:10:31,720 Speaker 1: a it's like a symbolic hour that kind of counts 222 00:10:31,760 --> 00:10:34,800 Speaker 1: down this apocalypse. And the people who run the clock 223 00:10:34,840 --> 00:10:36,720 Speaker 1: are mostly saying that it's because of what's happening in 224 00:10:36,720 --> 00:10:40,280 Speaker 1: the Russia War with Ukraine, which I would agree. In 225 00:10:40,320 --> 00:10:42,600 Speaker 1: the Russia War with Ukraine, the danger is because of 226 00:10:42,600 --> 00:10:46,920 Speaker 1: the potential use of nuclear weapons. And this is a 227 00:10:46,920 --> 00:10:49,120 Speaker 1: big problem, and it's something that I'm concerned about it. 228 00:10:49,120 --> 00:10:51,920 Speaker 1: And I'm somebody who grew up under the Cold War. 229 00:10:54,160 --> 00:10:55,920 Speaker 1: You know, as I was a kid, we still had 230 00:10:55,920 --> 00:10:57,959 Speaker 1: the Cold War with Russia, you know, the East and 231 00:10:58,000 --> 00:11:02,240 Speaker 1: West Berlin Wall. But maybe I was too young to realize. 232 00:11:02,240 --> 00:11:05,160 Speaker 1: But I don't remember then, you know, maybe in the 233 00:11:05,160 --> 00:11:07,080 Speaker 1: early days after World War Two, but I remember then 234 00:11:07,400 --> 00:11:09,439 Speaker 1: they're ever really being a threat of nuclear war. We 235 00:11:09,640 --> 00:11:13,200 Speaker 1: were never close to war. But here we are in war. 236 00:11:14,000 --> 00:11:19,040 Speaker 1: Make no mistake. The United States is at war with Russia. Period. 237 00:11:20,240 --> 00:11:23,160 Speaker 1: Now it's happening in Ukraine. That's where the battleground is, 238 00:11:23,200 --> 00:11:26,000 Speaker 1: and it's most of the Ukrainian forces. But the US 239 00:11:26,160 --> 00:11:28,520 Speaker 1: is giving all the weapons and the money. And the 240 00:11:28,600 --> 00:11:31,240 Speaker 1: US isn't just giving the weapons, the weapons systems that 241 00:11:31,280 --> 00:11:34,040 Speaker 1: were given the Ukrainians. The Ukrainians don't know how to use. 242 00:11:35,480 --> 00:11:38,280 Speaker 1: Our systems are so advanced they some of these take 243 00:11:38,480 --> 00:11:42,880 Speaker 1: sixty eighty people just to run the weapon. Ukrainians haven't 244 00:11:42,880 --> 00:11:45,240 Speaker 1: been trained on that. So make no mistake, the US 245 00:11:45,360 --> 00:11:47,559 Speaker 1: is there, and of course Russia knows this. You may 246 00:11:47,559 --> 00:11:50,040 Speaker 1: not agree, but Russia does and they said, hey, we 247 00:11:50,200 --> 00:11:53,680 Speaker 1: see that you're at war with us, and what are 248 00:11:53,720 --> 00:11:56,319 Speaker 1: the whole point of nuclear weapons so you don't lose? 249 00:11:57,240 --> 00:11:59,560 Speaker 1: And ultimately they're supposed to be a deterrence, like, hey, 250 00:12:00,080 --> 00:12:01,960 Speaker 1: don't mess with me, I won't mess with you. We 251 00:12:02,040 --> 00:12:04,920 Speaker 1: both have we both have nuclear weapons. It's like the 252 00:12:05,040 --> 00:12:07,600 Speaker 1: Mexican standoff right where you see like two guys pointing 253 00:12:07,600 --> 00:12:10,120 Speaker 1: guns at each other, like neither one wants to fire 254 00:12:10,160 --> 00:12:12,719 Speaker 1: because it's mutually assured destruction. We're both going to die. 255 00:12:12,800 --> 00:12:15,080 Speaker 1: We both have guns pointed at each other, so let's 256 00:12:15,120 --> 00:12:17,559 Speaker 1: just decide to not kill each other, right, And that's 257 00:12:17,559 --> 00:12:20,920 Speaker 1: where that's that's why nuclear weapons actually brought peace. Because 258 00:12:20,920 --> 00:12:22,719 Speaker 1: of that, we know that, tay, we're not going to 259 00:12:22,800 --> 00:12:24,720 Speaker 1: bomb you and you're not gonna bomb us, otherwise we 260 00:12:24,720 --> 00:12:29,400 Speaker 1: all die. Sounds pretty reasonable, except for now we seem 261 00:12:29,440 --> 00:12:31,280 Speaker 1: to have forgotten that and the US is now pushing 262 00:12:31,280 --> 00:12:33,600 Speaker 1: to the point. You know, Russia drew this red line, Hey, 263 00:12:33,640 --> 00:12:35,920 Speaker 1: don't cross this line and we'll be okay, and then 264 00:12:36,240 --> 00:12:38,360 Speaker 1: we did the saying don't cross this line, and we did. 265 00:12:38,720 --> 00:12:40,800 Speaker 1: Now they said, don't give them weapons, or we recognize 266 00:12:40,800 --> 00:12:42,440 Speaker 1: that you're in the war with us. And then we did, 267 00:12:42,920 --> 00:12:46,160 Speaker 1: and we're pushing nuclear war. And that's why this this 268 00:12:46,440 --> 00:12:49,839 Speaker 1: doomsday clock is saying that we're potentially going into this now. 269 00:12:51,640 --> 00:12:56,200 Speaker 1: This clock's movement is heading towards catastrophe, that's what it's saying. 270 00:12:57,160 --> 00:12:59,000 Speaker 1: The time had been set at one hundred seconds away 271 00:12:59,000 --> 00:13:02,080 Speaker 1: from midnight since twenty twenty, but there's bulletin of atomic 272 00:13:02,120 --> 00:13:05,360 Speaker 1: scientists that use this clock are now saying that we 273 00:13:05,400 --> 00:13:09,240 Speaker 1: are getting very close to this. And I want to 274 00:13:09,280 --> 00:13:14,360 Speaker 1: point out the obvious here. All right, Joe Biden, the 275 00:13:14,400 --> 00:13:17,240 Speaker 1: Biden administration, and the neo cons that run the government 276 00:13:17,400 --> 00:13:21,640 Speaker 1: are the ones pushing this. They are literally putting everybody 277 00:13:21,720 --> 00:13:25,760 Speaker 1: in the world's lives in danger. Your life is in danger, 278 00:13:25,960 --> 00:13:28,800 Speaker 1: My life is in danger, My kids' lives are in danger. 279 00:13:29,800 --> 00:13:32,720 Speaker 1: People in Mexico, people in parts of Europe, people in 280 00:13:32,760 --> 00:13:36,240 Speaker 1: Central America, people in China, even their lives are at 281 00:13:36,320 --> 00:13:40,800 Speaker 1: danger because if a nuclear war goes off, it affects everybody. 282 00:13:40,840 --> 00:13:42,240 Speaker 1: And the point that I want to make out is 283 00:13:42,280 --> 00:13:45,320 Speaker 1: that Joe Biden, the Bide administration, the neo cons, whatever 284 00:13:45,360 --> 00:13:48,520 Speaker 1: you want to call them, they a small group of 285 00:13:48,559 --> 00:13:52,000 Speaker 1: people are deciding to put the entire world's lives at 286 00:13:52,080 --> 00:13:57,520 Speaker 1: risk over what? Over? Who controls crimea? Do you even 287 00:13:57,559 --> 00:14:02,920 Speaker 1: know where CRIMEA is? Why do you care who controls Crimeia? 288 00:14:03,040 --> 00:14:05,720 Speaker 1: Why do you want to put your kids, your grandkids, 289 00:14:05,760 --> 00:14:07,720 Speaker 1: your future generations that aren't even born yet. Why do 290 00:14:07,720 --> 00:14:09,800 Speaker 1: you want to put third lives of risks? Who are they? 291 00:14:10,920 --> 00:14:13,040 Speaker 1: Who are they to have the authority to put my 292 00:14:13,080 --> 00:14:16,040 Speaker 1: life at risk over what? Over crimeia? I mean, come on, 293 00:14:17,240 --> 00:14:19,400 Speaker 1: the insanity of this? And this is what this doomsday 294 00:14:19,600 --> 00:14:22,880 Speaker 1: clock is saying because they realize that we are getting 295 00:14:23,000 --> 00:14:27,440 Speaker 1: closer and closer and closer to this atomic war. Now, 296 00:14:27,800 --> 00:14:31,000 Speaker 1: why did the doomsday clock move closer to midnight? Well, 297 00:14:31,600 --> 00:14:34,720 Speaker 1: because what we're conveying with the clock move is this 298 00:14:34,800 --> 00:14:36,760 Speaker 1: is this quote or conveyed with the clock move is 299 00:14:36,920 --> 00:14:38,960 Speaker 1: things are not going in the right direction, and they 300 00:14:38,960 --> 00:14:42,200 Speaker 1: haven't been going in the right direction, so we're always 301 00:14:42,200 --> 00:14:47,280 Speaker 1: thinking about directionality, right, and so we are headed for 302 00:14:47,600 --> 00:14:53,440 Speaker 1: disaster and the rhetoric that's continuing to grow is continuing 303 00:14:53,480 --> 00:14:57,720 Speaker 1: to only antagonize and continue to escalate. The way you 304 00:14:57,840 --> 00:15:01,240 Speaker 1: escalation works is that it owns the ends, either one 305 00:15:01,680 --> 00:15:04,880 Speaker 1: when both sides agree to end it, or two so peaceably, 306 00:15:05,000 --> 00:15:08,920 Speaker 1: or two ultimately the final moves made. So I say 307 00:15:08,920 --> 00:15:11,920 Speaker 1: something mean to you. You push me, you threaten me, 308 00:15:12,000 --> 00:15:14,800 Speaker 1: I push you, you punch me. I get a knife, 309 00:15:14,880 --> 00:15:17,800 Speaker 1: you get a gun. Right, that's how escalation works until 310 00:15:18,200 --> 00:15:20,400 Speaker 1: maybe somebody steps in with a cool head says, hang on, 311 00:15:20,480 --> 00:15:21,960 Speaker 1: hang on, hang on, guys, do you really mean this? 312 00:15:22,000 --> 00:15:23,600 Speaker 1: Can we talk it out sort of a thing and 313 00:15:23,720 --> 00:15:26,960 Speaker 1: we see that. You know, the Russia and Ukraine have 314 00:15:27,000 --> 00:15:30,320 Speaker 1: tried to have peace many times. The US doesn't want peace. 315 00:15:30,720 --> 00:15:35,720 Speaker 1: The neo cons want war and for what for who 316 00:15:35,720 --> 00:15:38,800 Speaker 1: controls Crimea? Of course not. So you have to ask 317 00:15:38,840 --> 00:15:43,520 Speaker 1: yourself this, ask yourself this one, Like I said, the insanity, 318 00:15:43,560 --> 00:15:45,800 Speaker 1: the absurdity that these group of people have the right 319 00:15:45,840 --> 00:15:48,640 Speaker 1: to put our lives in danger over what over? Over was? 320 00:15:48,680 --> 00:15:53,120 Speaker 1: So again, it's not about Crimea. What is it about? Well, 321 00:15:53,160 --> 00:15:55,680 Speaker 1: they might, they're gonna tell you, well, because Russia won't 322 00:15:55,680 --> 00:15:58,920 Speaker 1: stop with Crimea, Russia won't stop with Ukraine. If we 323 00:15:59,000 --> 00:16:00,880 Speaker 1: don't stop them, and you crane, they're going to take 324 00:16:00,880 --> 00:16:04,240 Speaker 1: over the whole world. Really, if they try to come 325 00:16:04,240 --> 00:16:06,720 Speaker 1: onto us soil. I think we can defend that pretty well. 326 00:16:08,000 --> 00:16:11,920 Speaker 1: I think we can defend that pretty well. So what 327 00:16:12,080 --> 00:16:14,800 Speaker 1: is it really about That's the question that you have 328 00:16:14,880 --> 00:16:19,440 Speaker 1: to ask yourself. The battle is over globalism and the 329 00:16:19,480 --> 00:16:21,080 Speaker 1: world that coming for them. They met last week and 330 00:16:21,120 --> 00:16:23,000 Speaker 1: they talked about the biggest threat we have is this 331 00:16:23,120 --> 00:16:26,880 Speaker 1: deglobalization and what can they do to stop this? And 332 00:16:28,360 --> 00:16:34,360 Speaker 1: stopping Russia is the path to stopping deglobalization. That's what 333 00:16:34,400 --> 00:16:37,000 Speaker 1: they want, but they can't stop it. It's happening and 334 00:16:37,000 --> 00:16:40,480 Speaker 1: we're talking about it each and every week now. Of course, 335 00:16:40,600 --> 00:16:43,360 Speaker 1: I hope and I pray that this de escalates. I 336 00:16:43,400 --> 00:16:45,560 Speaker 1: hope and I pray that they walk this back, that 337 00:16:45,640 --> 00:16:48,640 Speaker 1: they find peace, because I don't want my life in jeopardy. 338 00:16:48,680 --> 00:16:51,360 Speaker 1: I don't want your kids' lives in jeopardy. And hopefully 339 00:16:51,400 --> 00:16:55,720 Speaker 1: cooler heads will prevail. Hopefully you will take this information 340 00:16:55,760 --> 00:16:57,920 Speaker 1: and go discuss it with your friends and your family 341 00:16:57,960 --> 00:17:00,840 Speaker 1: and your co workers, and hopefully we can the conscious 342 00:17:00,840 --> 00:17:04,199 Speaker 1: discussion to pick up enough where they can hear this 343 00:17:04,280 --> 00:17:08,639 Speaker 1: and think about how absurd this is. And whatever motives 344 00:17:08,680 --> 00:17:11,600 Speaker 1: that they have, however wrong, are skewed they are they 345 00:17:11,600 --> 00:17:13,240 Speaker 1: can figure out that, look, this is not what the 346 00:17:13,280 --> 00:17:15,560 Speaker 1: people want. Our motives are wrong. We don't have the 347 00:17:15,680 --> 00:17:19,720 Speaker 1: right to put everybody's lives in jeopardy. Now, fix the money, 348 00:17:19,720 --> 00:17:21,400 Speaker 1: fix the world. If they didn't have a money printer, 349 00:17:21,560 --> 00:17:23,200 Speaker 1: we would never be in the situation in the first place. 350 00:17:23,280 --> 00:17:25,320 Speaker 1: That's a whole other story. If you're just doing it. 351 00:17:25,400 --> 00:17:27,520 Speaker 1: You're listening to the Mark Moas Show. We're talking about 352 00:17:27,560 --> 00:17:32,080 Speaker 1: the decentralized Revolution, and we're talking about how globalism is ending, 353 00:17:32,080 --> 00:17:33,640 Speaker 1: and that's what this war is all about. I got 354 00:17:33,640 --> 00:17:35,679 Speaker 1: a whole lot more news stories to cover when I 355 00:17:35,680 --> 00:17:37,480 Speaker 1: come back in a minute, so don't go away. I'm 356 00:17:37,480 --> 00:17:41,679 Speaker 1: gonna be right back, all right, Welcome back. You are 357 00:17:41,760 --> 00:17:44,080 Speaker 1: listening to the Mark Moss Show. We're talking about, of course, 358 00:17:44,119 --> 00:17:46,800 Speaker 1: each and every week, the decentralized Revolution, talking about the 359 00:17:46,840 --> 00:17:49,720 Speaker 1: way the world is changing, because it is changing fast. 360 00:17:50,160 --> 00:17:52,160 Speaker 1: And I'm bringing to you some of the latest breaking 361 00:17:52,240 --> 00:17:54,399 Speaker 1: news headlines that I've seen this week that kind of 362 00:17:54,440 --> 00:17:56,919 Speaker 1: illustrate where this is going and more importantly, kind of 363 00:17:56,960 --> 00:18:00,520 Speaker 1: help us navigate this and position ourselves better for the future. 364 00:18:00,800 --> 00:18:02,120 Speaker 1: You know, one of the big things that has been 365 00:18:02,119 --> 00:18:03,800 Speaker 1: going on over the last couple of weeks, and I've 366 00:18:03,840 --> 00:18:07,080 Speaker 1: seen really escalate this this week, was the talks in 367 00:18:07,119 --> 00:18:09,960 Speaker 1: the United States about the debt limit, the debt ceiling. 368 00:18:10,119 --> 00:18:13,440 Speaker 1: And you know, I mean, it's the stupidest argument, stupidest conversation. 369 00:18:13,480 --> 00:18:15,560 Speaker 1: It just continues to come back over and over and 370 00:18:15,600 --> 00:18:19,160 Speaker 1: over again. The government pretends like, we've hit the debt 371 00:18:19,200 --> 00:18:21,879 Speaker 1: limit and we have to raise the debt limit if 372 00:18:21,880 --> 00:18:23,639 Speaker 1: we want to continue to fund the government. And then 373 00:18:23,680 --> 00:18:25,840 Speaker 1: you get this rhetoric from Biden comes out and says 374 00:18:25,880 --> 00:18:29,760 Speaker 1: that the government's gonna shut down. The government will default 375 00:18:29,840 --> 00:18:32,520 Speaker 1: on the debt if we don't raise the debt ceiling. 376 00:18:32,680 --> 00:18:35,080 Speaker 1: That's what they say. Obviously, we've kind of got this 377 00:18:35,840 --> 00:18:39,080 Speaker 1: a little bit of a Republican majority there in the 378 00:18:39,119 --> 00:18:41,680 Speaker 1: Senate and they kind of controlled purse strings. And so 379 00:18:42,520 --> 00:18:44,440 Speaker 1: there was a conference I watched some of and it 380 00:18:44,480 --> 00:18:49,120 Speaker 1: was with Ted Cruz and Rand Paul and a couple 381 00:18:49,200 --> 00:18:52,240 Speaker 1: other people from the JUPEAT and they are basically saying, look, 382 00:18:52,280 --> 00:18:55,280 Speaker 1: this is like the stupidest rhetoric because the government will 383 00:18:55,359 --> 00:18:57,800 Speaker 1: not default on its debt. This is not going to happen. 384 00:18:58,680 --> 00:19:01,880 Speaker 1: The government has more and enough tax revenue to pay 385 00:19:01,960 --> 00:19:06,200 Speaker 1: for the interest on the debt. So there's just there's 386 00:19:06,280 --> 00:19:10,399 Speaker 1: no way that there's a default unless they decide to 387 00:19:10,440 --> 00:19:12,480 Speaker 1: take the money they have, which is more than enough 388 00:19:12,480 --> 00:19:15,800 Speaker 1: to cover the interest and not pay it and instead 389 00:19:15,920 --> 00:19:19,080 Speaker 1: spend it somewhere else. So that would be like, for example, 390 00:19:19,560 --> 00:19:22,760 Speaker 1: your house payment is one thousand dollars a month and 391 00:19:22,880 --> 00:19:25,720 Speaker 1: you make two thousand dollars a month, so you make 392 00:19:25,840 --> 00:19:28,199 Speaker 1: more than enough to pay for your house payment. But 393 00:19:28,320 --> 00:19:30,159 Speaker 1: you could decide not to pay your house payment, and 394 00:19:30,200 --> 00:19:33,040 Speaker 1: you could decide to quantification and do all these other 395 00:19:33,080 --> 00:19:35,439 Speaker 1: things by clothes and by the fancy dinners and not 396 00:19:35,600 --> 00:19:37,280 Speaker 1: pay it, and then you could default. And that's basically 397 00:19:37,640 --> 00:19:40,720 Speaker 1: the situation the US government's in. We have enough revenue 398 00:19:41,160 --> 00:19:44,320 Speaker 1: to pay the interest. That's what Rampaul and Ted Crews 399 00:19:44,359 --> 00:19:47,399 Speaker 1: are saying. There's no to even mention. The word default 400 00:19:47,480 --> 00:19:51,280 Speaker 1: is just ludicrous unless you decide to not pay it. 401 00:19:51,320 --> 00:19:53,520 Speaker 1: And that's why this rhetoric of the Bide administration is 402 00:19:53,520 --> 00:19:56,080 Speaker 1: so dangerous and scary. However, this is where we're at, 403 00:19:56,080 --> 00:19:58,359 Speaker 1: and so we always talk about this debt ceiling. Basically, 404 00:19:58,400 --> 00:19:59,960 Speaker 1: what it comes down to is we don't have an 405 00:20:00,040 --> 00:20:04,280 Speaker 1: enough money to buy whatever we want and pay for 406 00:20:04,400 --> 00:20:06,119 Speaker 1: what we have to pay for. Just like if you 407 00:20:06,160 --> 00:20:07,720 Speaker 1: have to pay your house payment, you can't just go 408 00:20:07,960 --> 00:20:11,080 Speaker 1: on a super exclusive expensive trip to a Fiji. If 409 00:20:11,080 --> 00:20:12,320 Speaker 1: you got to make your house payment, you don't have 410 00:20:12,400 --> 00:20:13,920 Speaker 1: enough money. And so that's kind of where we're app 411 00:20:14,320 --> 00:20:17,160 Speaker 1: One of the things that I've seen them talking about 412 00:20:17,240 --> 00:20:21,159 Speaker 1: this week specifically was what's happening with entitlements. And so 413 00:20:21,240 --> 00:20:24,440 Speaker 1: we have things that have to be paid, and then 414 00:20:24,480 --> 00:20:27,560 Speaker 1: we have things that we want to pay. So one 415 00:20:27,600 --> 00:20:29,480 Speaker 1: are the things that we want to pay, Well, that's 416 00:20:29,480 --> 00:20:32,679 Speaker 1: these hundreds of billions of dollars they spend on stupid policies, 417 00:20:32,680 --> 00:20:36,280 Speaker 1: like giving money to Afghanistan so they could study transgenderism 418 00:20:36,320 --> 00:20:38,600 Speaker 1: for example. We don't need to spend that money that's 419 00:20:38,600 --> 00:20:40,879 Speaker 1: not needed. But some things we do have to spend, 420 00:20:40,920 --> 00:20:45,040 Speaker 1: for example, social security and medicaid, we are supposed to 421 00:20:45,040 --> 00:20:47,720 Speaker 1: pay that. And so there's been this talk of social 422 00:20:47,720 --> 00:20:51,720 Speaker 1: security on the brink of collapse and potentially having reform 423 00:20:51,800 --> 00:20:55,240 Speaker 1: with that in order to avoid this debt ceiling debate. 424 00:20:55,280 --> 00:20:56,840 Speaker 1: And so that is what I want to talk about. 425 00:20:57,440 --> 00:20:59,840 Speaker 1: I saw this article talking about this specifically and how 426 00:21:00,080 --> 00:21:02,520 Speaker 1: sociecurity is on the brink of collapse. Now this shouldn't 427 00:21:02,600 --> 00:21:05,400 Speaker 1: surprise you. We've been talking about so security running out 428 00:21:05,440 --> 00:21:08,439 Speaker 1: of money and collapsing at least since two thousand that 429 00:21:08,520 --> 00:21:11,240 Speaker 1: I'm aware of, at least for the last twenty plus years. 430 00:21:11,240 --> 00:21:13,399 Speaker 1: We've been talking about it, so shouldn't catch you a surprise. 431 00:21:13,440 --> 00:21:17,240 Speaker 1: But the problem is that Social Security is a Ponzi scheme, 432 00:21:17,600 --> 00:21:20,680 Speaker 1: and I mean that literally. So what most people think 433 00:21:20,760 --> 00:21:23,119 Speaker 1: is that they have an account with so Security that 434 00:21:23,119 --> 00:21:25,520 Speaker 1: you've paid into your whole career, and you deserve to 435 00:21:25,520 --> 00:21:27,560 Speaker 1: get that money back out. But that's not how Social 436 00:21:27,560 --> 00:21:30,920 Speaker 1: Security works. Social Security is literally a Ponzi scheme. What 437 00:21:30,960 --> 00:21:34,600 Speaker 1: that means is the money you're paying in today is 438 00:21:34,680 --> 00:21:38,520 Speaker 1: for somebody else to withdraw today. The money they paid 439 00:21:38,560 --> 00:21:41,240 Speaker 1: into earlier in their career was for the people that 440 00:21:41,280 --> 00:21:44,680 Speaker 1: had retired before them. And Ponzi schemes work as long 441 00:21:44,720 --> 00:21:47,320 Speaker 1: as you continually get more and more people in on 442 00:21:47,359 --> 00:21:50,440 Speaker 1: the scheme. But when they get less people in, then 443 00:21:50,480 --> 00:21:53,640 Speaker 1: they have to pay out. The Ponzi scheme falls apart. 444 00:21:53,880 --> 00:21:56,439 Speaker 1: Asked Bernie made Off, And that's exactly the problem that 445 00:21:56,480 --> 00:22:01,480 Speaker 1: we're in. In nineteen fifty there were sixteen workers for 446 00:22:01,520 --> 00:22:04,760 Speaker 1: every one person pulling money out. Perfect that's a great 447 00:22:04,800 --> 00:22:09,520 Speaker 1: Ponzi scheme. But in twenty thirty five that ratio goes 448 00:22:09,560 --> 00:22:14,399 Speaker 1: to only two workers per retiree. That's the problem with 449 00:22:14,440 --> 00:22:16,960 Speaker 1: a Ponzi. We went from sixteen to one to two 450 00:22:17,040 --> 00:22:19,280 Speaker 1: to one, and that's a problem. But it gets even 451 00:22:19,280 --> 00:22:21,240 Speaker 1: worse than that. There's lots of reasons. I'm not going 452 00:22:21,240 --> 00:22:23,240 Speaker 1: to get into a whole lot of it, but other reasons, like, 453 00:22:23,320 --> 00:22:26,879 Speaker 1: for example, people live a lot longer when they started 454 00:22:26,920 --> 00:22:29,000 Speaker 1: SO security. I think the average life expectancy, I didn't 455 00:22:29,000 --> 00:22:30,040 Speaker 1: look it up, but I think it was, you know, 456 00:22:30,119 --> 00:22:32,119 Speaker 1: sixty five years something like that. Today it's like eighty. 457 00:22:32,720 --> 00:22:35,679 Speaker 1: So not only do we have less people pay, but 458 00:22:35,720 --> 00:22:37,680 Speaker 1: now we have to pay them for a lot longer 459 00:22:37,720 --> 00:22:41,080 Speaker 1: time and it's way more expensive, not just because of inflation, 460 00:22:41,080 --> 00:22:43,680 Speaker 1: but because of Medicare and things like that. And so 461 00:22:43,920 --> 00:22:48,960 Speaker 1: how do we deal with that? Now? I'm not meaning 462 00:22:49,000 --> 00:22:50,600 Speaker 1: to scare you, but I want you to know what's 463 00:22:50,600 --> 00:22:54,880 Speaker 1: potentially coming down the pipe. And while you know these 464 00:22:55,280 --> 00:22:58,400 Speaker 1: negotiating the debt is mandatory, we have to do it. 465 00:22:59,040 --> 00:23:02,919 Speaker 1: You have to be aware at unfortunately renegotiating some of 466 00:23:02,920 --> 00:23:05,919 Speaker 1: these things, it's gonna have to happen. I'll just be 467 00:23:05,960 --> 00:23:09,480 Speaker 1: blunt here. If you're depending on SO Security to live, 468 00:23:10,119 --> 00:23:12,320 Speaker 1: you need to find another option. Let me just tell 469 00:23:12,359 --> 00:23:14,919 Speaker 1: you that you're gonna need to find another option. Social 470 00:23:15,000 --> 00:23:17,480 Speaker 1: Security is not going to save you. Depending on how 471 00:23:17,520 --> 00:23:20,200 Speaker 1: old you are there, you're either going to get much 472 00:23:20,240 --> 00:23:22,399 Speaker 1: less money than you hope or expect, or you're going 473 00:23:22,440 --> 00:23:26,000 Speaker 1: to get none at all. Now, for Social Security alone, 474 00:23:26,080 --> 00:23:28,440 Speaker 1: let's let's take out so security, for medicare, for soci 475 00:23:28,440 --> 00:23:33,639 Speaker 1: security alone, when the trust fund dries out, what happens, Well, 476 00:23:33,920 --> 00:23:36,840 Speaker 1: they would have to raise payroll taxes. Payroll taxes are 477 00:23:36,880 --> 00:23:39,959 Speaker 1: what pays into Social Security. They would probably have to 478 00:23:40,000 --> 00:23:45,119 Speaker 1: increase those taxes by twenty five percent right off the bat, Well, 479 00:23:45,119 --> 00:23:47,560 Speaker 1: what is it? What? Okay? Then what happens? Right, so 480 00:23:47,560 --> 00:23:49,680 Speaker 1: we can kind of keeping okay, So they run out 481 00:23:49,680 --> 00:23:51,240 Speaker 1: of pay they run out of security, So then they 482 00:23:51,240 --> 00:23:53,399 Speaker 1: have to pay payroll taxes by twenty five percent. Well, 483 00:23:53,400 --> 00:23:56,239 Speaker 1: then what happens, Well, a lot of businesses can't afford that, 484 00:23:56,359 --> 00:23:58,280 Speaker 1: so they got a business. Well, then what happens, Well, 485 00:23:58,320 --> 00:24:00,879 Speaker 1: then the economy suffers, the unemployment right rises. Well, then 486 00:24:00,920 --> 00:24:03,000 Speaker 1: what happens, Well, another business started server because it's not 487 00:24:03,040 --> 00:24:05,280 Speaker 1: enough customers. And then what happens, Well, then the country 488 00:24:05,280 --> 00:24:07,080 Speaker 1: goes into a great depression. And then what happened? Right, 489 00:24:07,119 --> 00:24:10,320 Speaker 1: they think about that. Now, for the business that don't 490 00:24:10,359 --> 00:24:11,679 Speaker 1: go out of business, what do they do, Well, they 491 00:24:11,760 --> 00:24:15,200 Speaker 1: raise their prices to offset that. So then what happens, Well, 492 00:24:15,200 --> 00:24:17,239 Speaker 1: then we have to pay way more money for all 493 00:24:17,240 --> 00:24:19,000 Speaker 1: the goods and servers that were used to paint. Well, 494 00:24:19,000 --> 00:24:20,639 Speaker 1: then what happens, Well, then we have to give up 495 00:24:20,680 --> 00:24:22,240 Speaker 1: on other things. Well, then what happens, Well, the quality 496 00:24:22,240 --> 00:24:25,679 Speaker 1: of our life declines. All right, So at a minimum, 497 00:24:25,680 --> 00:24:27,320 Speaker 1: that's going to happen now, Like I said, we've been 498 00:24:27,320 --> 00:24:29,280 Speaker 1: talking about raising the dead ceilings since at least two 499 00:24:29,280 --> 00:24:32,879 Speaker 1: thousand and experts were warning that socialecurity would run out 500 00:24:32,920 --> 00:24:36,679 Speaker 1: by twenty thirty seven. And it's gonna be painful. Like 501 00:24:36,720 --> 00:24:39,000 Speaker 1: I said, at a minimum, they're gonna have to cut benefits, 502 00:24:39,480 --> 00:24:41,199 Speaker 1: and a maximum they're gonna have to raise taxes. There 503 00:24:41,359 --> 00:24:44,600 Speaker 1: are probably some combination of that, but today it's gotten worse, 504 00:24:44,760 --> 00:24:48,119 Speaker 1: Like this is accelerating and now they're expecting to run 505 00:24:48,200 --> 00:24:53,959 Speaker 1: out of funds by twenty thirty five. So that's uh, 506 00:24:54,600 --> 00:24:58,000 Speaker 1: you know, twelve years, So I'm not expected to even 507 00:24:58,040 --> 00:24:59,960 Speaker 1: get them for a twelve years. So by the time 508 00:25:00,000 --> 00:25:02,000 Speaker 1: I'm affect to get them, there probably won't be anything left. 509 00:25:02,040 --> 00:25:03,800 Speaker 1: But you need to know when this is gonna hit. 510 00:25:03,840 --> 00:25:06,119 Speaker 1: So by twenty thirty five, there's this taking time bomb. 511 00:25:06,960 --> 00:25:11,600 Speaker 1: And like I said, lots of perfect storms have happened longer. 512 00:25:11,600 --> 00:25:13,920 Speaker 1: Life expectancies is obviously a big one. But the big 513 00:25:13,960 --> 00:25:17,679 Speaker 1: one is because it's a Ponzi scheme. The ratio is 514 00:25:17,760 --> 00:25:20,240 Speaker 1: below three to one when it used to be sixteen 515 00:25:20,280 --> 00:25:23,399 Speaker 1: to one when they first calculated this, and then you 516 00:25:23,440 --> 00:25:25,720 Speaker 1: just continue to add on to it. So like, for example, 517 00:25:25,800 --> 00:25:31,800 Speaker 1: basically every politician comes into power by basically buying votes, right, 518 00:25:32,160 --> 00:25:37,160 Speaker 1: they do that by expanding benefits. No one will ever 519 00:25:37,280 --> 00:25:39,359 Speaker 1: be elected by saying they're going to take away a 520 00:25:39,359 --> 00:25:42,480 Speaker 1: bunch of benefits, so each one has to give more 521 00:25:43,000 --> 00:25:46,119 Speaker 1: than the one before them. And all this continues to 522 00:25:46,119 --> 00:25:48,040 Speaker 1: do is to escalate this until we actually have a 523 00:25:48,080 --> 00:25:50,159 Speaker 1: big crisis on their hands. And I get it. Like 524 00:25:50,359 --> 00:25:53,600 Speaker 1: the main argument that I hear is that it's not fair. 525 00:25:54,359 --> 00:25:58,480 Speaker 1: Retirees deserve fair, fair, fair, fair equity, equity, they deserve 526 00:25:58,520 --> 00:26:01,679 Speaker 1: fair treatment, and I agree, But the problem is the 527 00:26:01,720 --> 00:26:04,080 Speaker 1: facts in the law are not on that side. As 528 00:26:04,119 --> 00:26:06,000 Speaker 1: a matter of fact, the Supreme Court ruled in nineteen 529 00:26:06,080 --> 00:26:08,480 Speaker 1: sixty that workers do not have illegally binding right to 530 00:26:08,520 --> 00:26:11,920 Speaker 1: SoC security benefits. So just know that there's a big 531 00:26:12,000 --> 00:26:13,960 Speaker 1: risk and if you're planing on so security to save you, 532 00:26:13,880 --> 00:26:16,439 Speaker 1: you're better make another plan. If you're just tuning in, 533 00:26:16,480 --> 00:26:18,439 Speaker 1: you're listening to the markmas Show. We're talking about some 534 00:26:18,480 --> 00:26:20,479 Speaker 1: of the latest breaking news headlines this week as we 535 00:26:20,680 --> 00:26:25,040 Speaker 1: navigate the decentralized revolution, as we navigate this world changing 536 00:26:25,040 --> 00:26:27,760 Speaker 1: as we look at it through the lens of politics, finance, 537 00:26:28,320 --> 00:26:30,680 Speaker 1: and technology, and of course technologies will changes in the world, 538 00:26:30,680 --> 00:26:34,000 Speaker 1: but this is more about politics and finance. The politicians 539 00:26:34,119 --> 00:26:37,960 Speaker 1: are making rules and more importantly, making promises that they 540 00:26:38,000 --> 00:26:41,399 Speaker 1: can't keep because the economics, the finances don't keep up 541 00:26:41,440 --> 00:26:45,760 Speaker 1: with it, and it's going to create massive change socially, politically, 542 00:26:45,800 --> 00:26:49,480 Speaker 1: and of course we have technologically. I have more news 543 00:26:49,480 --> 00:26:51,160 Speaker 1: headlines to talk about when I come back. You don't 544 00:26:51,160 --> 00:26:52,600 Speaker 1: want to miss this. You want to be well informed, 545 00:26:52,600 --> 00:26:54,600 Speaker 1: because if you're not well informed, you're going to fall behind. 546 00:26:54,600 --> 00:26:55,760 Speaker 1: So I'll be back with more in a minute. Don't 547 00:26:55,760 --> 00:26:58,399 Speaker 1: go away, We're right back, all right, Welcome back. If 548 00:26:58,400 --> 00:27:00,360 Speaker 1: you're just tuning in, you are listening to the Mark 549 00:27:00,440 --> 00:27:04,840 Speaker 1: Masha We're talking about the decentralized Revolution, navigating the world 550 00:27:04,880 --> 00:27:08,679 Speaker 1: changing as it goes from sensualization to decentralization. And you know, 551 00:27:08,720 --> 00:27:12,520 Speaker 1: I want to talk about this transition. And what happens 552 00:27:12,640 --> 00:27:15,000 Speaker 1: is sort of like the law of physics is each 553 00:27:15,040 --> 00:27:18,359 Speaker 1: force is equal and opposite reaction, right, And so what 554 00:27:18,480 --> 00:27:21,280 Speaker 1: happens is that I talked about this a few weeks ago. 555 00:27:21,640 --> 00:27:27,320 Speaker 1: As things continue to degrade, as unfortunately we get more 556 00:27:27,359 --> 00:27:30,840 Speaker 1: and more corruption inside politics and government, the more people 557 00:27:30,880 --> 00:27:32,720 Speaker 1: are outraged by it, which of course they should be, 558 00:27:33,040 --> 00:27:35,400 Speaker 1: and the more they start to speak out, the more 559 00:27:35,440 --> 00:27:38,040 Speaker 1: disgruntled they become, the more protests happen things like that, 560 00:27:38,720 --> 00:27:43,439 Speaker 1: and the government then has to squeeze even harder or 561 00:27:43,520 --> 00:27:47,000 Speaker 1: restrict even harder to try to hang on to any power. 562 00:27:47,359 --> 00:27:50,040 Speaker 1: But then the more that they squeeze to hang onto power, 563 00:27:50,119 --> 00:27:52,560 Speaker 1: the more upset and disgrunt how people get, and the 564 00:27:52,640 --> 00:27:55,320 Speaker 1: more they speak out, and then the more the politicians 565 00:27:55,359 --> 00:27:57,480 Speaker 1: the governments have to squeeze. And it's just like this 566 00:27:58,359 --> 00:28:02,560 Speaker 1: constant escalation and squeeze more, pushback more. So then squeeze 567 00:28:02,560 --> 00:28:04,600 Speaker 1: more to them, pushback more, and squeeze more, pushback more. 568 00:28:04,880 --> 00:28:07,840 Speaker 1: And that's exactly what's happening. And this is the volatility 569 00:28:07,840 --> 00:28:09,960 Speaker 1: at the top before this blows off. I saw this 570 00:28:09,960 --> 00:28:15,760 Speaker 1: week European official warns Elon Musk that the era of 571 00:28:15,880 --> 00:28:21,320 Speaker 1: wild West for free speech is over. There will be sanctions. 572 00:28:21,400 --> 00:28:25,800 Speaker 1: Quote that's a threat. So what does this European officials 573 00:28:25,800 --> 00:28:28,439 Speaker 1: say and who are they? Well, the wild West for 574 00:28:28,560 --> 00:28:32,600 Speaker 1: free speech is over. So break that down. So free 575 00:28:32,760 --> 00:28:38,239 Speaker 1: speech is over because they are so corrupt. They are 576 00:28:38,280 --> 00:28:41,520 Speaker 1: pushing things we don't want and they cannot allow us 577 00:28:41,520 --> 00:28:43,720 Speaker 1: to communicate that that we don't like, that, that we 578 00:28:43,760 --> 00:28:47,200 Speaker 1: don't want that. There's a better way. They can't handle that. 579 00:28:47,320 --> 00:28:49,520 Speaker 1: They do not want free speech. This is her quote. 580 00:28:49,800 --> 00:28:52,920 Speaker 1: The free speech era is over. That's the quote. Let's 581 00:28:52,920 --> 00:28:58,000 Speaker 1: break this down. Europe is pushing now new legislation that 582 00:28:58,080 --> 00:29:05,360 Speaker 1: will force online platforms like Twitter to remove disinformation. Okay, 583 00:29:05,680 --> 00:29:09,360 Speaker 1: so remember I've been talking about disinformation is the single 584 00:29:09,560 --> 00:29:12,760 Speaker 1: largest issue supposedly pro the WILLO come in forms the 585 00:29:12,760 --> 00:29:16,040 Speaker 1: single biggest issue that we have now I broke down 586 00:29:16,040 --> 00:29:17,560 Speaker 1: in a previous segment. If you missed it, check out 587 00:29:17,560 --> 00:29:19,520 Speaker 1: on the podcast just served the Mark Maas Show. The 588 00:29:19,600 --> 00:29:23,720 Speaker 1: previous segment, I was talking about how all the disinformation 589 00:29:23,880 --> 00:29:27,600 Speaker 1: is actually coming from the mainstream media and from the 590 00:29:27,640 --> 00:29:31,160 Speaker 1: inner workings of the government. Ron Paul wrote a piece 591 00:29:31,200 --> 00:29:33,480 Speaker 1: this week so that the real disinformation was the Russia 592 00:29:33,560 --> 00:29:38,720 Speaker 1: disinformation hoax, which came from something called Hamilton's sixty eight, 593 00:29:39,240 --> 00:29:43,480 Speaker 1: which Twitter has now exposed was a completely fraudulent operation 594 00:29:43,600 --> 00:29:47,640 Speaker 1: set up to feed misinformation and disinformation. It all came 595 00:29:47,720 --> 00:29:53,840 Speaker 1: from them to purposely create distrust. So they're the ones 596 00:29:53,880 --> 00:29:58,280 Speaker 1: pushing the disinformation. But supposedly, now this lawmaker saying that 597 00:29:58,320 --> 00:30:02,000 Speaker 1: now you're passing legislation to forced online platforms to remove disinformation, 598 00:30:02,080 --> 00:30:03,960 Speaker 1: Well that would be great because then Twitter would have 599 00:30:03,960 --> 00:30:07,520 Speaker 1: removed all the disinformation that the FBI and CNN put out. 600 00:30:08,240 --> 00:30:11,040 Speaker 1: But that's not what they want. So European politician Vera 601 00:30:11,200 --> 00:30:14,240 Speaker 1: Jerrova warned the Elon Musk from the World Economic Form 602 00:30:14,280 --> 00:30:19,280 Speaker 1: and Davos that Twitter, not Facebook, not YouTube because they 603 00:30:19,360 --> 00:30:22,360 Speaker 1: play play ball. But Twitter will face sanctions if it 604 00:30:22,400 --> 00:30:25,560 Speaker 1: doesn't shut down some forms of speech. It can't have 605 00:30:25,640 --> 00:30:28,760 Speaker 1: free speech. Free speech is too dangerous. We can't allow 606 00:30:28,760 --> 00:30:31,880 Speaker 1: you to say things that are against our narrative because 607 00:30:31,960 --> 00:30:34,000 Speaker 1: we have to control an indoctrinate to you. That's what 608 00:30:34,000 --> 00:30:37,760 Speaker 1: they say, Jerova said. Quote. So after mister Musk took 609 00:30:37,760 --> 00:30:41,200 Speaker 1: over Twitter with his freedom of speech absolutism. We are 610 00:30:41,200 --> 00:30:43,840 Speaker 1: the protectors of freedom of speech as well, but at 611 00:30:43,840 --> 00:30:46,880 Speaker 1: the same time, we cannot accept, for instance, illegal content 612 00:30:46,920 --> 00:30:51,200 Speaker 1: online and so on. So our message was clear, we 613 00:30:51,240 --> 00:30:55,960 Speaker 1: have rules and there will be sanctions. So what does 614 00:30:56,000 --> 00:30:59,720 Speaker 1: this even mean? Where is the line? So they have 615 00:30:59,800 --> 00:31:03,520 Speaker 1: to shut down some forms of speech? What forms of speech? 616 00:31:03,760 --> 00:31:07,280 Speaker 1: Who's to say what gets to be said? Who's to say? 617 00:31:07,320 --> 00:31:12,520 Speaker 1: What misinformation is? What is misinformation? All the so called 618 00:31:12,760 --> 00:31:17,000 Speaker 1: conspiracy theories that were being pedled twenty twenty one all 619 00:31:17,160 --> 00:31:21,400 Speaker 1: have basically been proven to be true and all the misinformation. 620 00:31:21,480 --> 00:31:23,320 Speaker 1: As I said, I broke this whole down, don't I'm 621 00:31:23,320 --> 00:31:24,720 Speaker 1: not gonna go through all that. But if you're having 622 00:31:24,760 --> 00:31:29,000 Speaker 1: doubts either one, just Google again, Always verify me, Always 623 00:31:29,080 --> 00:31:32,640 Speaker 1: verify me. Google Hamilton's sixty eight. And this is the 624 00:31:32,640 --> 00:31:34,360 Speaker 1: big report that just came out from Twitter where they 625 00:31:34,400 --> 00:31:37,520 Speaker 1: showed all the facts, all the smoking guns of how 626 00:31:37,880 --> 00:31:41,800 Speaker 1: the FBI, the intelligence community, CNBC, Washington Post, et cetera 627 00:31:42,080 --> 00:31:45,880 Speaker 1: used this fake, fraudulent source to push this Russia collusion 628 00:31:45,920 --> 00:31:48,000 Speaker 1: narrative and it was all made up. And this is 629 00:31:48,000 --> 00:31:50,640 Speaker 1: the facts. Okay, these are the names, these are the people, 630 00:31:50,680 --> 00:31:52,840 Speaker 1: these are the quotes Hamilton sixty I talked about in 631 00:31:52,840 --> 00:31:54,320 Speaker 1: previous segment. I'm not going to repeat all that again, 632 00:31:54,360 --> 00:31:56,400 Speaker 1: but there are the ones pushing it. So who's going 633 00:31:56,440 --> 00:31:58,880 Speaker 1: to tell us what disinformation is? Well, they are right, 634 00:31:59,400 --> 00:32:02,880 Speaker 1: the ones that are pushing it. He Senda Harden was 635 00:32:02,920 --> 00:32:05,320 Speaker 1: the Prime Minister of New Zealand. You might remember her 636 00:32:05,360 --> 00:32:09,400 Speaker 1: saying we are the source of truth. Don't listen to 637 00:32:09,440 --> 00:32:12,600 Speaker 1: anybody but us. We will be the source of truth. 638 00:32:12,600 --> 00:32:15,040 Speaker 1: And then she went on to the UN to ask 639 00:32:15,080 --> 00:32:18,760 Speaker 1: the UN to rally the UN to put to put 640 00:32:18,800 --> 00:32:22,400 Speaker 1: restrictions on freedom of speech. If you remember, during the 641 00:32:22,400 --> 00:32:25,720 Speaker 1: COVID era, you had CNN saying do not do your 642 00:32:25,720 --> 00:32:29,000 Speaker 1: own research. Don't do it, just trust what we have 643 00:32:29,120 --> 00:32:32,080 Speaker 1: to say. We are the arbiters of truth. Now, there 644 00:32:32,120 --> 00:32:35,640 Speaker 1: was a book written called Fahrenheit four fifty one. I'd 645 00:32:35,720 --> 00:32:37,080 Speaker 1: highly recommend you read it. If you don't want to 646 00:32:37,120 --> 00:32:39,600 Speaker 1: read the book, watch the movie. I think the actor's 647 00:32:39,640 --> 00:32:41,920 Speaker 1: name is Michael Jordan. He played like Apollo Creed in 648 00:32:41,920 --> 00:32:45,400 Speaker 1: the new remake great movie Fahrenheit four Duo one. So 649 00:32:45,400 --> 00:32:47,120 Speaker 1: at least watch the movie. It's a very, very good movie, 650 00:32:47,200 --> 00:32:50,120 Speaker 1: very entertaining. But basically the premise of the book and 651 00:32:50,280 --> 00:32:52,520 Speaker 1: the movie is basically that the world went into a 652 00:32:52,560 --> 00:32:54,480 Speaker 1: civil war, and so the world that comment forum says 653 00:32:54,480 --> 00:32:57,080 Speaker 1: that all this misinformation will lead us into political instability 654 00:32:57,080 --> 00:32:59,720 Speaker 1: and potentially civil war. And the reason why is because 655 00:32:59,760 --> 00:33:01,800 Speaker 1: you have two different groups of people, one group of 656 00:33:01,800 --> 00:33:05,240 Speaker 1: people that listen to the lies and narrative being fed 657 00:33:05,280 --> 00:33:08,240 Speaker 1: to them, and another group of people that talk freely 658 00:33:08,640 --> 00:33:11,640 Speaker 1: and they discover the truth. And now those two people 659 00:33:11,680 --> 00:33:14,280 Speaker 1: can't mix because they believe they live in two different 660 00:33:14,320 --> 00:33:17,800 Speaker 1: alternative realities. And I think you know what I'm talking about. 661 00:33:17,920 --> 00:33:20,000 Speaker 1: We already have that today, right, And so what happened 662 00:33:20,040 --> 00:33:22,240 Speaker 1: is then it led to the civil war, and it 663 00:33:22,280 --> 00:33:23,800 Speaker 1: was this really bad thing and lots of people get 664 00:33:24,160 --> 00:33:26,600 Speaker 1: died whatever. And so what they had to do is 665 00:33:26,600 --> 00:33:29,280 Speaker 1: they had to get rid of all the information in 666 00:33:29,280 --> 00:33:32,120 Speaker 1: the world, burn every single book, take over the internet, 667 00:33:32,120 --> 00:33:35,360 Speaker 1: shut it all down, and then the state had to 668 00:33:35,400 --> 00:33:39,240 Speaker 1: be the only source of information and truth. That way 669 00:33:39,400 --> 00:33:42,160 Speaker 1: they could prevent another civil war from ever happening. That way, 670 00:33:42,200 --> 00:33:46,760 Speaker 1: if there's only one narrative and everybody believed that one narrative, 671 00:33:46,760 --> 00:33:48,400 Speaker 1: then there would never be any fighting again, and so 672 00:33:48,600 --> 00:33:50,440 Speaker 1: a Fahrenheit fourth d one. They had these like firemen, 673 00:33:50,520 --> 00:33:53,840 Speaker 1: they called them, and the fireman would go around burning 674 00:33:53,880 --> 00:33:56,080 Speaker 1: any books. And you had this whole section of society 675 00:33:56,280 --> 00:33:59,240 Speaker 1: that was trying to preserve this knowledge, preserve this information, 676 00:33:59,320 --> 00:34:02,160 Speaker 1: preserve his and they were hoarding these books. And then 677 00:34:02,160 --> 00:34:04,280 Speaker 1: what they would even do is memorize the books. So 678 00:34:04,360 --> 00:34:06,600 Speaker 1: even if the books got taken away or burned by 679 00:34:06,600 --> 00:34:09,359 Speaker 1: the firement, they could they could recreate those books. And 680 00:34:09,400 --> 00:34:12,560 Speaker 1: so in an interesting book and a great movie. Highly 681 00:34:12,560 --> 00:34:17,200 Speaker 1: recommend it. But basically it basically lays this exact thing out. 682 00:34:17,840 --> 00:34:22,239 Speaker 1: They're saying that the single biggest source of societal disruption 683 00:34:22,600 --> 00:34:26,880 Speaker 1: is misinformation, or the fact that there are two alternative realities, 684 00:34:27,280 --> 00:34:29,680 Speaker 1: one which I consider to be the truth, and two 685 00:34:30,120 --> 00:34:34,560 Speaker 1: their false narrative. Now, how am I able to sit 686 00:34:34,600 --> 00:34:36,040 Speaker 1: on my high horse here and tell you that I 687 00:34:36,120 --> 00:34:38,920 Speaker 1: consider one to be truth and their false narrative. Well, 688 00:34:38,920 --> 00:34:42,120 Speaker 1: the reason why is because the truth is always found 689 00:34:42,120 --> 00:34:47,239 Speaker 1: out through free and open and honest and intellectual discussion. 690 00:34:48,480 --> 00:34:50,000 Speaker 1: A lot of times I've seeing stuff on Twitter where 691 00:34:50,000 --> 00:34:52,120 Speaker 1: somebody post something I'm like, oh man, that is so good. 692 00:34:52,160 --> 00:34:53,920 Speaker 1: I never thought of that, And then I start to 693 00:34:53,960 --> 00:34:55,799 Speaker 1: read the comments and I'm like, oh, oh, I didn't 694 00:34:55,800 --> 00:34:57,560 Speaker 1: think about that, and oh I didn't think about that, 695 00:34:57,600 --> 00:35:00,279 Speaker 1: and oh that's a good point. Actually, now this guy's wrong, right, 696 00:35:00,520 --> 00:35:02,360 Speaker 1: But it was only because of that open and honest 697 00:35:02,400 --> 00:35:05,080 Speaker 1: discussion that I found the truth. If somebody says something 698 00:35:05,160 --> 00:35:09,240 Speaker 1: mean or hateful or wrong, they'll be called out instantly. 699 00:35:09,560 --> 00:35:11,640 Speaker 1: That's the way the internet works. If I say something 700 00:35:11,719 --> 00:35:14,919 Speaker 1: super bigoted or mean or racist, people will call me out. 701 00:35:16,280 --> 00:35:19,600 Speaker 1: And only through that open and fair and honest discussion 702 00:35:19,640 --> 00:35:22,080 Speaker 1: will we find out who the liars and the frauds 703 00:35:22,080 --> 00:35:25,239 Speaker 1: and the biggots and the racists are. Only through open 704 00:35:25,239 --> 00:35:30,560 Speaker 1: honest discussion when we find the truth. Only lies need 705 00:35:30,640 --> 00:35:34,239 Speaker 1: to censor the truth because lies can't exist on their own. 706 00:35:35,320 --> 00:35:38,000 Speaker 1: If their ideas were good ideas, their ideas would win 707 00:35:38,320 --> 00:35:43,360 Speaker 1: in the open court of honest discussion, transparency. The truth 708 00:35:43,440 --> 00:35:48,360 Speaker 1: will always find out if we're allowed to speak the quote. 709 00:35:48,520 --> 00:35:50,239 Speaker 1: I don't know who said this quote, but you don't 710 00:35:50,280 --> 00:35:53,440 Speaker 1: prove a man wrong by ripping out his tongue. You 711 00:35:53,560 --> 00:35:57,600 Speaker 1: only prove that you have something to hide. And so 712 00:35:58,200 --> 00:35:59,920 Speaker 1: this is what they're trying to do with Twitter. They 713 00:36:00,080 --> 00:36:01,640 Speaker 1: want to sanction it. They want to put it out 714 00:36:01,640 --> 00:36:04,800 Speaker 1: of business, so we don't have a place to talk 715 00:36:05,000 --> 00:36:07,480 Speaker 1: online anyway. That's what I got. You listening to the 716 00:36:07,480 --> 00:36:10,560 Speaker 1: Markmas Show talking about the decentralized revolution. We're looking at 717 00:36:10,560 --> 00:36:12,880 Speaker 1: the volatility. Things are changing fast. That was some of 718 00:36:12,880 --> 00:36:15,440 Speaker 1: the biggest news headlines of the week. That's what I got. 719 00:36:15,520 --> 00:36:16,440 Speaker 1: Thanks so much for listening.