WEBVTT - The Treasury Department's Real Attack - It's Scary 0:00:00.040 --> 0:00:02.640 Hello, and welcome to another episode of the Mark Moa 0:00:02.759 --> 0:00:06.160 Show where we talk about the decentralized revolution. We're talking 0:00:06.200 --> 0:00:08.160 about the way the world is changing right before our 0:00:08.240 --> 0:00:12.040 very eyes, going from the pendulum as it swings from 0:00:12.039 --> 0:00:15.000 centralization to decentralization. We look at it through the lens 0:00:15.000 --> 0:00:17.959 of politics, finance, and technology each and every week, and 0:00:17.960 --> 0:00:21.320 of course it's the technology that changes the world. When 0:00:21.320 --> 0:00:23.520 we look through thousands of years of history, it's always technology, 0:00:23.520 --> 0:00:26.000 and of course that technology is bitcoin. It's changing the 0:00:26.040 --> 0:00:28.200 world as we know it, and we're looking at it 0:00:28.200 --> 0:00:30.720 through those lens. And today we have, uh, we got 0:00:30.760 --> 0:00:37.080 something big and something serious to talk about, um, something 0:00:37.159 --> 0:00:42.120 that is uh reshaping the world right before our very eyes. 0:00:42.159 --> 0:00:44.599 And I don't think most people are seeing what's going on. 0:00:45.200 --> 0:00:47.920 And so I'm gonna take this chance to take a 0:00:48.040 --> 0:00:52.120 situation that developed this week that was all over the news, 0:00:52.720 --> 0:00:55.319 and I'm gonna peel this thing back so you can 0:00:55.480 --> 0:01:00.280 understand what's really going on. Um. It's something that everybody 0:01:00.320 --> 0:01:02.520 should learn how to do. And we would we would 0:01:02.560 --> 0:01:06.119 call it like past first order thinking, so you needn't 0:01:06.160 --> 0:01:10.200 look into like second order and third order thinking consequences. 0:01:10.280 --> 0:01:12.399 Things like that So I'm gonna take this issue that's 0:01:12.480 --> 0:01:15.480 blown up this week, um, and then we're gonna break 0:01:15.480 --> 0:01:17.119 it down. And what am I talking about? While I'm 0:01:17.160 --> 0:01:21.680 talking about in the cryptocurrency space, Um, there was a 0:01:21.680 --> 0:01:26.720 protocol called Tornado Cash and it was sanctioned by the 0:01:26.880 --> 0:01:30.600 US Treasury. So this is about politics, this is about finance, 0:01:30.640 --> 0:01:33.280 and it's about technology. It's all three as I talked 0:01:33.280 --> 0:01:36.040 about each and every week. So in the cryptocurrency market, 0:01:36.120 --> 0:01:40.560 Tornado Cash is a protocol that was sanctioned by the 0:01:40.680 --> 0:01:44.560 US Treasury Department. And this is big, big news. Like 0:01:44.600 --> 0:01:47.920 I said, it's gonna change It's going to change the 0:01:48.000 --> 0:01:50.800 United States. Um, either way, this is a big deal 0:01:51.000 --> 0:01:53.320 and we're gonna we're gonna cover that, all right, So 0:01:53.440 --> 0:01:55.360 let's break this down a little bit for you. So 0:01:55.440 --> 0:01:58.480 what happened. So there's a protocol. First of all, what 0:01:58.680 --> 0:02:00.640 do I mean? What's the protocol? So a protocol as 0:02:00.640 --> 0:02:03.160 a piece of code, and a piece of code just 0:02:03.280 --> 0:02:06.960 sets rules for how things happen. So in the Internet, 0:02:07.000 --> 0:02:09.639 there's a bunch of protocols. So the Internet, Um, you've 0:02:09.639 --> 0:02:11.800 probably heard of like an IP address, like if you 0:02:11.840 --> 0:02:13.200 set up a route at your house. So there's like 0:02:13.400 --> 0:02:16.040 something called the t C P I P and that's 0:02:16.040 --> 0:02:18.840 like your address on the Internet. That's a protocol, and 0:02:18.880 --> 0:02:23.000 that protocol tells the Internet technology how to route packets 0:02:23.040 --> 0:02:26.160 of data. UM. Then we have an email protocol that's 0:02:26.160 --> 0:02:28.520 called s M t B. I'm sure you've probably come 0:02:28.520 --> 0:02:30.720 across that before setting up your Gmail or whatever, and 0:02:30.760 --> 0:02:33.840 so s M t P is a protocol that helps 0:02:33.840 --> 0:02:37.400 that computer code route email. UM. Then we have like 0:02:37.480 --> 0:02:39.560 let's say security on websites. If you go to your 0:02:39.560 --> 0:02:41.880 website and your browser, it's always starts with h T 0:02:42.080 --> 0:02:44.919 t P S. It doesn't always have the S but 0:02:45.000 --> 0:02:47.000 almost always. Most of the time it always has the 0:02:47.120 --> 0:02:50.320 s NOW. And that's a new protocol that helps the 0:02:50.360 --> 0:02:53.320 code know how to secure the website. So these are 0:02:53.360 --> 0:02:58.120 protocols now. Nobody owns the SMTP protocol for email. Nobody 0:02:58.160 --> 0:03:00.440 owns it. But if I wanted to start an email 0:03:00.480 --> 0:03:04.880 company like mail Chimp or Active Campaign or Claudio or Gmail, 0:03:05.480 --> 0:03:08.800 then I would I run Gmail or I run mail Chimp, 0:03:08.880 --> 0:03:12.840 but I build it on the SMTP protocol. That protocol 0:03:12.880 --> 0:03:14.720 that isn't owned by anybody. It's just a piece of code. 0:03:14.720 --> 0:03:18.320 It's a it's a generally agreed to code that everybody uses. 0:03:18.440 --> 0:03:21.639 It's a standard. Okay, It's not owned by anybody. There's 0:03:21.680 --> 0:03:24.200 no company, there's no business, there's no president of the 0:03:24.240 --> 0:03:27.120 kind of the protocol, there's no marketing department. It's just 0:03:27.320 --> 0:03:30.200 a protocol. Does that make sense? All right? So I 0:03:30.280 --> 0:03:34.640 wanted to define that first. Okay. So in the cryptocurrency space, Um, 0:03:34.680 --> 0:03:38.080 we have lots of protocols. Bitcoin is a protocol. Bitcoin 0:03:38.200 --> 0:03:40.560 is a piece of software. It's a piece of code 0:03:40.920 --> 0:03:44.080 that was developed and it's a it's a public good. 0:03:44.560 --> 0:03:47.640 Anybody could use it. It's permissionless. It's just it's just 0:03:47.680 --> 0:03:50.320 a piece of just like SMTP. Anybody could use SMTP. 0:03:50.400 --> 0:03:53.960 It's permissionless. Um. It's not owned by anybody. There's no president, 0:03:54.000 --> 0:03:56.280 there's no corporation, there's there's it's just a piece of code. 0:03:56.280 --> 0:04:01.760 It's a piece of software. Now, um, it's it uses 0:04:02.040 --> 0:04:05.480 a lot of different things Bitcoin does, um, one of 0:04:05.520 --> 0:04:07.760 which is a blockchain. People say, oh, it's not bitcoin, 0:04:07.800 --> 0:04:11.000 that's revolutionary, it's the blockchain. Well that's not true. Bitcoin 0:04:11.240 --> 0:04:13.760 uses lots of things to make it revolutionary, one of 0:04:13.760 --> 0:04:15.680 which is a blockchain. As a matter of fact, in 0:04:15.720 --> 0:04:17.760 the Bitcoin white paper. They never used the word blockchain. 0:04:17.800 --> 0:04:20.680 They use the word time chain. That's a whole different conversation. 0:04:21.320 --> 0:04:22.880 Hit me up on social media and let me know 0:04:22.880 --> 0:04:24.000 if you'd like me to do a video on that. 0:04:24.520 --> 0:04:27.359 But UM, it uses the blockchain or time chain. It 0:04:27.400 --> 0:04:30.320 also uses something called cryptography. We're gonna talk about that 0:04:30.360 --> 0:04:32.279 because that's a big deal for what we're talking about today. 0:04:32.360 --> 0:04:35.440 That uses other things like peer to peer. UM game 0:04:35.520 --> 0:04:38.599 theory uses the Internet, right, uses lots of different things. 0:04:39.040 --> 0:04:42.120 All right, So we have a protocol like SMTP or 0:04:42.240 --> 0:04:45.919 HTTPS or t c P, i P or bitcoin owned 0:04:45.920 --> 0:04:50.120 by nobody, a public good right and this specific protocol, 0:04:50.279 --> 0:04:54.279 tornado cash UM is a protocol for the Ethereum network. 0:04:54.839 --> 0:04:58.360 And what it does is it um It allows people 0:04:58.480 --> 0:05:03.600 to um selectively spend money. So UM, I have a 0:05:03.680 --> 0:05:05.520 hundred dollars, You have a hundred dollars. That's both put 0:05:05.520 --> 0:05:07.520 it in the pot and we'll pay out fifty bucks 0:05:07.560 --> 0:05:11.920 to that person und fifty bucks back to that person. Now, 0:05:12.640 --> 0:05:15.320 what they argue it's used for, and I would agree 0:05:15.320 --> 0:05:19.360 it typically is used for is to mix transactions. So 0:05:19.520 --> 0:05:21.040 I have a stack up huntre dollar bills. You have 0:05:21.080 --> 0:05:23.120 a stack of hunted dollar bills. Let's put both stacks 0:05:23.120 --> 0:05:24.440 in the in the pot, let's put them in the 0:05:24.520 --> 0:05:26.640 dryer to fumble them all around, and let's just divide 0:05:26.680 --> 0:05:29.039 up the hundred dollars each. But we now walk away 0:05:29.120 --> 0:05:30.880 different bills than we had before. And so that's kind 0:05:30.880 --> 0:05:34.800 of how it works. And people use it to put 0:05:34.800 --> 0:05:37.320 ethereum in or they also have them for bitcoin. This 0:05:37.320 --> 0:05:40.120 one specifically was for ethereum Tornado cash, and it it 0:05:40.400 --> 0:05:44.000 mixes them. It it it's a joined spend, is what 0:05:44.040 --> 0:05:45.560 it is. But it's it's a protocol. It's the piece 0:05:45.560 --> 0:05:46.560 of coat. You can use it if you want, you 0:05:46.600 --> 0:05:48.480 can use it if you don't. And so what happened 0:05:48.480 --> 0:05:53.960 this week is the US Treasury sanctioned a protocol called 0:05:54.040 --> 0:05:58.360 Tornado Cash. But what's big about this is that this 0:05:58.400 --> 0:06:03.640 has never happened before. Sanctions go against people, people who 0:06:03.680 --> 0:06:08.280 do bad things, or maybe businesses or governments, so like 0:06:08.400 --> 0:06:11.520 Russia is under sanctions right now. For example, Iran has 0:06:11.520 --> 0:06:17.279 been sanctioned, right So governments, regimes, people are sanctioned, but 0:06:17.400 --> 0:06:22.039 not tools, not not public goods. And I'm gonna explain 0:06:22.080 --> 0:06:24.360 to you why that is in a minute, But before 0:06:24.400 --> 0:06:27.640 we dig into what really happened here. Well, let's finish. 0:06:27.720 --> 0:06:30.080 Let's let's finish what happened, and then we're gonna I'm 0:06:30.080 --> 0:06:32.359 gonna expand it out, and then I'm gonna bring it 0:06:32.360 --> 0:06:34.000 all the way back down to why it matters to 0:06:34.120 --> 0:06:37.000 you right now today, no matter where you live and why, 0:06:37.040 --> 0:06:42.159 this is going to change your life and probably not 0:06:42.200 --> 0:06:44.479 for the better, probably not for the better. But you 0:06:44.480 --> 0:06:46.160 need to be aware of what's going on. So I'm 0:06:46.160 --> 0:06:47.680 always gonna tell you what I wish I would hear 0:06:47.720 --> 0:06:49.120 if I was on the other side of table someone. 0:06:49.120 --> 0:06:50.760 I'm not going to hold back on you to day right, So, 0:06:51.200 --> 0:06:54.640 um Tornado cash Um. The second the U. S. Treasury 0:06:54.680 --> 0:06:58.640 moved into sanction it, and um they said that anybody 0:06:58.680 --> 0:07:04.360 that interacts with this will be guilty of avoiding sanctions. Now, um, 0:07:04.400 --> 0:07:06.920 sanctions is a very serious charge. Of a matter of fact, 0:07:07.240 --> 0:07:12.520 if you evade or go around sanctions, you're you're potentially 0:07:12.600 --> 0:07:17.000 facing thirty years in prison, even if even if there 0:07:17.080 --> 0:07:22.040 was no intent and it happened without your knowledge. Now 0:07:22.080 --> 0:07:24.560 that's a key piece to hit on. Why well, because 0:07:24.920 --> 0:07:27.720 in order to prove a crime, there has to be 0:07:27.920 --> 0:07:31.600 criminal intent. That that intent word is a big thing 0:07:31.680 --> 0:07:35.480 that means I have to I have to have intended to, 0:07:35.480 --> 0:07:37.360 to have to cause it, to do a crime, I've 0:07:37.400 --> 0:07:40.480 do intended to. If it was an accident, um, then 0:07:40.520 --> 0:07:42.600 you could charge me with like manslaughter, right if it 0:07:42.640 --> 0:07:45.360 was a vehicle, for example, But manslaughter as an accident, 0:07:45.400 --> 0:07:48.080 I killed somebody, but it wasn't criminal intent. I didn't. 0:07:48.200 --> 0:07:51.080 It wasn't premeditated where I went and drove over that person. 0:07:51.200 --> 0:07:54.400 Right now, if I'm a trained professional, there is something 0:07:54.440 --> 0:07:57.720 called criminally negligent, and that means that you should have 0:07:57.800 --> 0:08:00.680 known better, but you did it anyway, So then you're 0:08:01.040 --> 0:08:03.920 criminally negligent. Otherwise you have to have criminal intent. But 0:08:04.280 --> 0:08:07.480 what this says with this um, with with the sanctions, 0:08:07.520 --> 0:08:11.520 is that you're facing thirty years in prison even without 0:08:11.840 --> 0:08:17.960 intent and without your knowledge. So if, um, if you 0:08:18.120 --> 0:08:21.160 happen to use this by accident, even without your knowing, 0:08:21.840 --> 0:08:23.760 you didn't intend to use it, you didn't even know 0:08:23.880 --> 0:08:26.840 you used it, it doesn't matter. You're still facing thirty years, 0:08:27.160 --> 0:08:32.000 which sounds pretty strict, doesn't And if you agree with me, 0:08:32.120 --> 0:08:34.640 then that's part of the problem. And we're gonna dig 0:08:34.640 --> 0:08:37.040 into this a little bit. And so what happens is 0:08:37.360 --> 0:08:42.240 um this protocol um. When you use cryptocurrency Ethereum, Bitcoin, etcetera, 0:08:42.280 --> 0:08:45.000 it leaves a trail because it's open source, and so 0:08:45.040 --> 0:08:47.760 we can always see the network. And so maybe I 0:08:47.840 --> 0:08:50.079 didn't use the protocol. But let's say that somebody paid 0:08:50.120 --> 0:08:53.120 me with ethereum, and somebody had paid them with ethereums. 0:08:53.200 --> 0:08:54.640 Want to pay them, and I'm gonna pay them. Six 0:08:54.640 --> 0:08:57.280 people ago had used it, but the six people in 0:08:57.280 --> 0:09:00.080 between that person and to me, none of us knew. 0:09:00.520 --> 0:09:03.280 But all of a sudden, I'm in trouble even without 0:09:03.440 --> 0:09:06.640 cry I didn't intend to do it, but that's exactly 0:09:06.640 --> 0:09:08.679 what it did. And so a lot of um, a 0:09:08.760 --> 0:09:10.360 lot of companies, a lot of businesses, all of a 0:09:10.360 --> 0:09:14.560 sudden started sanctioning or blocking all these types of transactions. 0:09:14.920 --> 0:09:17.679 Big exchanges started blocking it. Anyway, I'm gonna break this 0:09:17.679 --> 0:09:19.400 down for you. Want to show you what the government's 0:09:19.520 --> 0:09:21.520 really doing, what their real motivation is with this, and 0:09:21.559 --> 0:09:23.520 what this means for you. You're listening to the Markma 0:09:23.520 --> 0:09:26.160 Show talking about the decentralized Revolution, talking about a very 0:09:26.160 --> 0:09:28.360 big subject today. You don't want to miss what I 0:09:28.400 --> 0:09:30.600 have to say about this. I'll be back with more 0:09:30.600 --> 0:09:32.079 in a minute. Don't go away. I'll be right back, 0:09:32.440 --> 0:09:34.520 all right. Welcome back. You're listening to the Markma Show. 0:09:34.520 --> 0:09:36.840 We're talking about the decentralized Revolution each and every week, 0:09:36.880 --> 0:09:38.840 of course, same thing, talking about the way the world 0:09:38.880 --> 0:09:42.560 is swinging from centralization back to decentralization. Looking at always 0:09:42.600 --> 0:09:46.640 to the lens of politics, finance, and technology. Typically we're 0:09:46.640 --> 0:09:50.040 looking at a political issue or a financial issue or 0:09:50.040 --> 0:09:53.320 technology issue. Today this is all three. We're talking about 0:09:53.800 --> 0:09:58.120 the U. S. Treasury Department UH moving against the financial 0:09:58.160 --> 0:10:01.440 institutions UH and and technology. I mean, it's all three 0:10:01.440 --> 0:10:03.400 repped in together and one. This is the type of 0:10:03.400 --> 0:10:06.360 issues we like to talk about. So um, I'm not 0:10:06.400 --> 0:10:08.600 gonna go back and rehash everything we've already talked about. 0:10:08.640 --> 0:10:10.680 If you missed it, check it out on the podcast, 0:10:10.760 --> 0:10:13.080 your search MARKETMA podcast on your favorite player. You'll find 0:10:13.120 --> 0:10:16.600 it all right. So, Um, the Treasury Department went to 0:10:16.840 --> 0:10:21.280 sanction a protocol never happened before in history. Um, and 0:10:21.360 --> 0:10:23.600 most likely it's not gonna work. But I'm gonna come 0:10:23.600 --> 0:10:25.880 back to that, all right, but they did it. Um. 0:10:25.920 --> 0:10:27.760 What happens is the government tries to do all kinds 0:10:27.800 --> 0:10:31.280 of things that we would consider unconstitutional. The government wents 0:10:31.360 --> 0:10:33.200 to lock you down. The government must to force you 0:10:33.240 --> 0:10:34.920 to put something in your body. The government wentst to 0:10:35.000 --> 0:10:36.880 force you to put something on your face. The governments 0:10:36.880 --> 0:10:39.679 to do all these things that are unconstitutional. The problem 0:10:39.760 --> 0:10:42.040 is somebody has to challenge them. So now I have 0:10:42.120 --> 0:10:43.840 to go to court and has to go up to 0:10:43.880 --> 0:10:46.800 the Supreme Court. And as we've seen over the last 0:10:46.840 --> 0:10:50.640 two years, over and over and over again, all these 0:10:50.679 --> 0:10:54.120 mandates that the president, the Biden administration, local governments put 0:10:54.160 --> 0:10:56.959 into place, we're all found unconstitutional. They've all been not 0:10:57.120 --> 0:11:00.240 well not all. Lots of them have been um found 0:11:00.240 --> 0:11:02.320 on costution. Lots of them have been overturned. But it 0:11:02.360 --> 0:11:05.240 took two years. It took two years to get there. 0:11:05.679 --> 0:11:08.480 And so this I believe will eventually probably be overturned. 0:11:08.600 --> 0:11:11.439 But this is gonna stand for years, Okay, but let's 0:11:11.520 --> 0:11:16.320 keep going, all right. So UM, the U. S. Treasury 0:11:16.320 --> 0:11:18.720 moved against this protocol, which has never been done before. 0:11:18.760 --> 0:11:20.080 I don't think it works. I don't think it stands 0:11:20.120 --> 0:11:23.679 as unconstitutional UM. And they said, anybody who interacts with 0:11:23.720 --> 0:11:25.800 this UM is gonna be in trouble. And so then 0:11:25.880 --> 0:11:30.559 now all these cryptocurrency exchanges and stuff have begun blocking transactions. 0:11:30.600 --> 0:11:32.640 One big exchange d y d x that it blocked 0:11:32.720 --> 0:11:36.400 user accounts with even a token link to Tornado Cash. 0:11:36.440 --> 0:11:38.960 So even any kind of a link, any type of 0:11:38.960 --> 0:11:42.760 an attachment to Tornado Cash, you're instantly sanctioned. Boom, you're 0:11:42.760 --> 0:11:45.960 instantly shut off. UM. A lot of people using stable coins, 0:11:45.960 --> 0:11:48.720 these are dollar back stable coins like u S d 0:11:48.880 --> 0:11:53.840 C for example, UM had their accounts frozen, seized, blocked 0:11:54.400 --> 0:11:59.320 just because they think maybe you might have engaged with this, 0:11:59.480 --> 0:12:01.360 and they don't want anything to do with that because again, 0:12:01.679 --> 0:12:05.800 your face in thirty years, even if you didn't intend 0:12:05.840 --> 0:12:07.800 to engage, and it was done without your knowledge. So 0:12:07.840 --> 0:12:10.120 they're just completely just blocking all this out. Okay, that's 0:12:10.160 --> 0:12:12.199 what happened. Now, before we dig through that, I want 0:12:12.200 --> 0:12:14.600 to just back up a bit. I'm gonna frame this up. 0:12:14.600 --> 0:12:16.080 We're gonna jump into a little bit of a political 0:12:16.080 --> 0:12:20.240 side for a second. Because you, you, you, whoever you 0:12:20.280 --> 0:12:23.600 are listening to this right now, you are under attack. 0:12:25.400 --> 0:12:28.080 When I say you're under attack, I mean your freedoms. 0:12:28.840 --> 0:12:31.160 Now I get it all of a sudden. Now freedom 0:12:31.200 --> 0:12:34.160 is supposedly a dirty word. They've been able to reframe 0:12:34.200 --> 0:12:37.600 that somehow. UM this country that I grew up in, 0:12:37.720 --> 0:12:39.800 that my grandfather and my father went to war to 0:12:39.880 --> 0:12:44.120 protect for our freedoms. Um, Supposedly, now freedom is a 0:12:44.120 --> 0:12:46.720 bad word. So I guess all those deaths, my grandfather's 0:12:46.800 --> 0:12:49.240 death and my father's war efforts, those were in vain 0:12:50.320 --> 0:12:52.120 because they fought for our freedom. But now freedom is 0:12:52.120 --> 0:12:54.600 a bad words. So anyway, I reject that notion. But 0:12:54.640 --> 0:12:57.880 your freedom is under attack. And what we're seeing is, um, 0:12:57.880 --> 0:13:00.880 it's a full it's a full fledged attack from every angle. 0:13:01.880 --> 0:13:03.240 And what they're trying to do is they're trying to 0:13:03.320 --> 0:13:05.880 corner us in from every single angle. And I'm not 0:13:05.920 --> 0:13:07.440 going to dig into all these issues, but I'm gonna 0:13:07.440 --> 0:13:10.600 frame up a couple all right, Um, this week, Alex 0:13:10.679 --> 0:13:13.520 Jones is the most hated man in the world, all 0:13:13.520 --> 0:13:16.000 over the news, Sandy Hook and all this. Okay, what 0:13:16.080 --> 0:13:20.640 they're doing with this, um, with this trial is they're 0:13:20.679 --> 0:13:24.600 trying to set court precedence on what he said and 0:13:24.760 --> 0:13:27.840 saying that what he said was illegal. So they're trying 0:13:27.880 --> 0:13:32.000 to box in freedom of speech. Right under the under 0:13:32.040 --> 0:13:35.439 the Constitution, we're guaranteed freedom of speech. But they want 0:13:35.440 --> 0:13:37.280 to they want to box that in, and they want 0:13:37.280 --> 0:13:40.120 to say, no, well, this type of speech is harmful 0:13:40.240 --> 0:13:43.640 or hurtful or hateful, this type of speech doesn't qualify 0:13:43.960 --> 0:13:47.640 under that. And so it's it's one direction. It's one 0:13:47.640 --> 0:13:50.160 way you box it in. All right, I'm not gonna 0:13:50.200 --> 0:13:52.800 dig super deep into that exact topic. We could if 0:13:52.800 --> 0:13:57.160 you wanted. All right, then we have, um, we have 0:13:57.280 --> 0:14:00.559 like the Trump January six situations going on. All right. 0:14:00.920 --> 0:14:04.960 So um, we had Trump on stage saying well, first 0:14:04.960 --> 0:14:07.800 of all, before January six, he requested them to add 0:14:07.800 --> 0:14:12.520 more police. Nancy Peloson denied it. Then from stage he said, 0:14:12.640 --> 0:14:16.439 do not go there. Everybody go home. So they have 0:14:16.480 --> 0:14:18.040 all the evidence to show that he didn't but they're 0:14:18.040 --> 0:14:20.000 trying to say that he didn't say violence. But then 0:14:20.040 --> 0:14:22.200 with the Supreme Court when they overturned Roe v. Wade, 0:14:22.440 --> 0:14:28.600 you actually had Schumer and AOC call for violence literally 0:14:29.440 --> 0:14:32.000 against Supreme Court justice, and people actually went to Supreme 0:14:32.040 --> 0:14:35.840 Court Justice's house and tried to kill them. They went 0:14:35.920 --> 0:14:38.920 to state capitals with the people with the public servants 0:14:38.960 --> 0:14:42.520 in the building and banged on the windows. Incided from 0:14:42.560 --> 0:14:46.480 the words that were said. But yet they're trying to 0:14:46.560 --> 0:14:49.960 frame this January six thing as again it's not about Trump, 0:14:50.000 --> 0:14:51.920 and I'm not trying to trans conversation about Trump. It's 0:14:51.960 --> 0:14:55.280 another way they're trying to box in the freedom. And 0:14:55.320 --> 0:14:57.480 then we have this treasury situation we're gonna dig into, 0:14:57.640 --> 0:15:00.960 and it's a lot. It's about a lot more than eyptocurrency. Okay, 0:15:01.040 --> 0:15:02.280 I want to break that down. And then we have 0:15:02.320 --> 0:15:04.240 the I R S news. I'm not gonna take super 0:15:04.240 --> 0:15:07.000 deeper in that today, but I'm sure you if you're 0:15:07.040 --> 0:15:08.840 you're halfway paying attention. You saw the i RS just 0:15:08.840 --> 0:15:12.000 got a big budget. They're gonna hire whatever, like any 0:15:12.200 --> 0:15:18.480 seven thousand new agents, seven thousand there have more agents. 0:15:18.560 --> 0:15:22.040 The IRS will have more agents than the Secretary of State, 0:15:22.600 --> 0:15:30.560 the FBI, and the Border Patrol all combined. And big 0:15:30.600 --> 0:15:32.560 news over the last week. I'll talk about it later 0:15:32.600 --> 0:15:34.560 in the show. Um, the I R S put out 0:15:34.600 --> 0:15:36.640 all these job ads and they say you must be 0:15:36.680 --> 0:15:38.560 willing to carry a gun, you must be willing to 0:15:38.680 --> 0:15:42.880 use lethal force. And then under the lethal force guideline, 0:15:42.920 --> 0:15:46.040 they said that you're allowed to use lethal force even 0:15:46.200 --> 0:15:51.160 if a sub subject is is a fleeing from you, 0:15:52.120 --> 0:15:54.920 So you they're allowed to shoot somebody even if the 0:15:54.960 --> 0:15:59.520 suspect is fleeing, so not in self defense. It's an 0:15:59.520 --> 0:16:02.360 attack from every angle. All right, I'm not gonna dig 0:16:02.360 --> 0:16:04.000 into each those topics were sitting. You're talking about the 0:16:04.000 --> 0:16:07.320 Treasury Department sanctioning Tornado cash. What does this mean? All right, 0:16:07.680 --> 0:16:10.240 let's break this down a little bit more. All right. 0:16:10.640 --> 0:16:14.600 So Tornado cashally sanctioned by the Office of Foreign Asset 0:16:14.720 --> 0:16:17.720 Controls the o FAK O f a C. All right. 0:16:17.880 --> 0:16:20.640 And it's the sd END list, which is a list 0:16:20.720 --> 0:16:23.880 especially designated nationals with whom Americans and American businesses are 0:16:23.960 --> 0:16:27.520 not allowed to transact. So it means no American consider 0:16:27.520 --> 0:16:30.400 to receive money to or from those addresses without dividing 0:16:30.480 --> 0:16:33.280 those sanctions laws or else. Like I said, face thirty 0:16:33.360 --> 0:16:36.880 years in prison. Pretty big deal. Now, what's different about 0:16:36.920 --> 0:16:41.120 this is, like I said, we've never seen software be 0:16:41.240 --> 0:16:43.240 put on the list before. Right, what we see is, 0:16:43.280 --> 0:16:46.200 like I said, people or governments or things like that, 0:16:46.880 --> 0:16:50.440 not a tool. All right. Now the problem with this 0:16:51.600 --> 0:16:57.320 is that any American who might have used Tornado cash, um, 0:16:57.400 --> 0:17:00.120 even if they reject this, could be pulled into is. 0:17:00.200 --> 0:17:04.280 So what's happened is we've seen this already happening. So UM, 0:17:04.320 --> 0:17:06.679 I put this on Twitter. What we can see is 0:17:06.720 --> 0:17:10.240 that somebody is out there quote unquote dusting a bunch 0:17:10.240 --> 0:17:13.280 of wallets from tornado. So what does that mean? So 0:17:13.560 --> 0:17:16.160 what you can do is you can get little fractions 0:17:16.240 --> 0:17:19.520 of ethereum that are worth just maybe a couple of dollars. 0:17:19.640 --> 0:17:22.240 It's called dust, right, a fraction of of of of 0:17:22.280 --> 0:17:24.360 an ethereum, and then you can dust them. You can 0:17:24.359 --> 0:17:26.000 just send them out. And what they did is they 0:17:26.040 --> 0:17:30.480 sent them to all these high level, high visibility accounts, 0:17:31.000 --> 0:17:35.200 and now all these accounts are now tainted with um 0:17:35.280 --> 0:17:39.880 dust or coins from this sanctioned address. So now everybody's 0:17:40.040 --> 0:17:43.040 in trouble. Now it's almost like a d D o 0:17:43.240 --> 0:17:47.200 S attack on what the Treasury sanctions is pretty big deal. 0:17:47.480 --> 0:17:50.320 So now all of these people are going to be 0:17:51.000 --> 0:17:54.800 potentially facing thirty years in prison because it was done 0:17:54.880 --> 0:17:58.200 without even their knowledge or or consent. They didn't even 0:17:58.200 --> 0:18:01.040 know about it, they had no intent, but it doesn't matter. 0:18:01.240 --> 0:18:04.320 That's so this is so it's escalating really quickly. Um, 0:18:04.400 --> 0:18:06.240 you listen to the Mark Moa show, I'm breaking down 0:18:06.240 --> 0:18:08.040 one of the biggest stories this week and what it 0:18:08.080 --> 0:18:09.919 really means to It's pretty deep. It's pretty big, and 0:18:09.960 --> 0:18:12.919 it is super important. Do not go away. You need 0:18:12.960 --> 0:18:14.400 to hear what I have to say. When I come back, 0:18:14.440 --> 0:18:16.680 I'll be right back in a minute. All right, welcome 0:18:16.720 --> 0:18:18.400 back here, listening to the Mark Moa Show, and we're 0:18:18.400 --> 0:18:22.480 talking about one of the biggest stories this week. And really, UM, 0:18:22.480 --> 0:18:24.360 it's way bigger than that. I mean, this is going 0:18:24.400 --> 0:18:26.600 to be a key story for years to come. This 0:18:26.680 --> 0:18:29.280 is going to be a key story in history books 0:18:29.320 --> 0:18:32.719 in the future because this move that they're trying to 0:18:32.800 --> 0:18:36.879 do right here is going to and uh, when what 0:18:36.960 --> 0:18:40.159 Obama wanted when he ran on what he said quoteing 0:18:40.240 --> 0:18:47.520 him fundamentally transform America. This is fundamentally transforming America. It's 0:18:47.640 --> 0:18:52.080 fundamentally transforming the constitution and the law of the land, 0:18:52.560 --> 0:18:56.600 and they're using these little tricks to try to erode 0:18:56.680 --> 0:18:58.640 that as best they can. So let me finish talking 0:18:58.640 --> 0:19:02.160 about this. So we're seeing this cat and mouse game 0:19:02.240 --> 0:19:06.320 here where the governments are trying to crack down on UM, 0:19:06.480 --> 0:19:10.040 on this technology. UM, and it's not really working all right. 0:19:10.080 --> 0:19:12.840 But what we see is that, um, all these sanctions 0:19:12.840 --> 0:19:16.280 started happening, all these people started blocking. But here's here's why, UM, 0:19:16.320 --> 0:19:21.639 this is really messed up. So the Treasury added tornado cash, 0:19:21.720 --> 0:19:25.560 which is a piece of software. It's a protocol like 0:19:25.880 --> 0:19:30.720 SMTP or HTTPS. All right, uh, and they left against 0:19:30.840 --> 0:19:34.000 a faceless, nameless piece of software, not a person like 0:19:34.000 --> 0:19:36.520 it should be. But the problem is is that computer 0:19:36.600 --> 0:19:41.960 code is neither a person. They're not a legal entity, okay. 0:19:42.320 --> 0:19:49.040 And software is code, and code is speech, and speech 0:19:49.240 --> 0:19:54.120 is protected by the Constitution specifically, and as a matter 0:19:54.119 --> 0:19:58.639 of fact, it's been challenged multiple times and it's been 0:19:58.760 --> 0:20:02.040 upheld multi of all times, so we know that code 0:20:02.119 --> 0:20:05.639 is speech. So they tried to outlaw cryptography. So cryptography 0:20:05.720 --> 0:20:08.200 is a way that I can cryptographically secure my message. 0:20:08.240 --> 0:20:09.960 If I want to use Signal as an app to 0:20:09.960 --> 0:20:14.440 message you, for example, it's encrypted. Bitcoin is encrypted. They 0:20:14.240 --> 0:20:17.320 the government said, no, you can't use encryption. It's illegal 0:20:17.320 --> 0:20:20.480 for you to encrypt things. And um, they said that 0:20:20.600 --> 0:20:24.560 at the time, it was considered munitions or weapons. And 0:20:24.600 --> 0:20:26.800 it went to the Supreme Court and um, the cipher 0:20:26.840 --> 0:20:28.520 punks as we called them at the time, they printed 0:20:28.520 --> 0:20:30.680 out the code on paper and they brought the paper 0:20:30.680 --> 0:20:32.320 and they put it up on the Supreme Court's desk 0:20:32.520 --> 0:20:36.000 and they said, look, it's it's speech. It's it's text, 0:20:36.560 --> 0:20:39.680 it's letters and numbers. And they said, you're right, code 0:20:39.680 --> 0:20:42.639 is speech, it's protected Bernstein versus the d o J. 0:20:42.840 --> 0:20:45.959 Look it up. Similarly, there was another one and then 0:20:46.520 --> 0:20:50.840 they determined that money is speech, or more precisely, what 0:20:51.000 --> 0:20:54.159 you do with your money is speech. And you can 0:20:54.200 --> 0:20:58.399 look it up. Check out Buckley versus Valuo Um. You 0:20:58.400 --> 0:21:01.159 can also look up citizens. You know, I died versus 0:21:01.240 --> 0:21:03.639 the f e C. So, look, this has happened, this 0:21:03.680 --> 0:21:05.960 has gone to the Supreme Court. We already know the 0:21:06.000 --> 0:21:09.280 Constitution guarantees free speech. Code is speech, what you do 0:21:09.320 --> 0:21:14.320