1 00:00:00,240 --> 00:00:03,000 Speaker 1: All right, you are listening to the Mark Moa Show, 2 00:00:03,279 --> 00:00:08,559 Speaker 1: and we are talking about bitcoin, cryptocurrencies and the decentralized revolution. 3 00:00:08,960 --> 00:00:11,920 Speaker 1: This is the biggest part of your week each and 4 00:00:12,000 --> 00:00:14,239 Speaker 1: every week, at least it should be, because this is 5 00:00:14,280 --> 00:00:17,320 Speaker 1: going to be the biggest opportunity of your entire life. 6 00:00:17,560 --> 00:00:19,040 Speaker 1: And of course, the way that you take advantage of 7 00:00:19,079 --> 00:00:23,599 Speaker 1: these asymmetric opportunities is by having a symmetric information. That 8 00:00:23,640 --> 00:00:26,480 Speaker 1: means you've got to have information that most people don't have, 9 00:00:26,560 --> 00:00:28,800 Speaker 1: which is why we bring that to you each and 10 00:00:29,040 --> 00:00:32,279 Speaker 1: every week. Now I am joined in the studio by 11 00:00:32,320 --> 00:00:35,080 Speaker 1: two of my really good friends. I got Kyle Wonderly 12 00:00:35,560 --> 00:00:38,240 Speaker 1: and I got Jessica Vaughan. They are back with me again. 13 00:00:38,240 --> 00:00:42,920 Speaker 1: What's up, guys, what's up? Mark? Thanks for having me. Yeah, 14 00:00:43,040 --> 00:00:46,200 Speaker 1: you know, man, I'm here talking about bitcoin each every week, 15 00:00:46,200 --> 00:00:48,199 Speaker 1: and I love just having you guys on and just 16 00:00:48,240 --> 00:00:50,720 Speaker 1: kind of talking about so so good to hear. There's 17 00:00:50,720 --> 00:00:53,280 Speaker 1: always so much going on to talk about, so I 18 00:00:53,320 --> 00:00:58,000 Speaker 1: know we have that. You know, um, Jessica's favorite guy 19 00:00:58,080 --> 00:01:02,240 Speaker 1: in the world. We'll say, what's her favorite podcaster? We're 20 00:01:02,240 --> 00:01:05,560 Speaker 1: talking about j r E. The Joe Rogan Show made 21 00:01:05,600 --> 00:01:08,360 Speaker 1: Big News this week. Now, first of all, he made 22 00:01:08,400 --> 00:01:12,320 Speaker 1: big news because he is big news. Uh uh, Well, 23 00:01:12,440 --> 00:01:16,480 Speaker 1: while mainstream media wants us to believe that that their mainstream, 24 00:01:16,560 --> 00:01:20,200 Speaker 1: you know, CNN's mainstream. I pulled some stats, um, and 25 00:01:20,360 --> 00:01:25,120 Speaker 1: CNN's biggest show, Anderson Cooper gets about six to seven 26 00:01:25,200 --> 00:01:28,479 Speaker 1: hundred thousand views per video or per per episode or whatever. 27 00:01:28,880 --> 00:01:31,720 Speaker 1: In the cove range, they get about a hundred and 28 00:01:31,720 --> 00:01:35,840 Speaker 1: twenty five thousand per episode. Now, I'm not big time, 29 00:01:35,920 --> 00:01:38,760 Speaker 1: and I have videos that have more views than that. Um. 30 00:01:38,840 --> 00:01:41,440 Speaker 1: Joe Rogan is big time and he gets about two 31 00:01:41,720 --> 00:01:45,679 Speaker 1: hundred million views, so he's he's pretty big time. And 32 00:01:45,800 --> 00:01:49,080 Speaker 1: uh and uh. You know, in the bitcoin community, we've 33 00:01:49,120 --> 00:01:50,640 Speaker 1: been talking a lot about Lady. As a matter of fact, 34 00:01:50,640 --> 00:01:53,000 Speaker 1: there's this tweet that keeps going around. Everyone's trying to 35 00:01:53,000 --> 00:01:55,920 Speaker 1: get Michael Saylor to go on on Joe Rogan. Um, 36 00:01:55,920 --> 00:01:59,040 Speaker 1: but big news, big, big nig news, guys. The world's 37 00:01:59,080 --> 00:02:02,320 Speaker 1: most successful pod caster and comedian has accepted a bitcoin 38 00:02:02,360 --> 00:02:08,120 Speaker 1: payment of one hundred thousand dollars UM. He's talked about 39 00:02:08,120 --> 00:02:11,200 Speaker 1: it in the past on his show, but now by 40 00:02:11,280 --> 00:02:14,840 Speaker 1: accepting bitcoin as payment, it marks a definitive switch in 41 00:02:14,960 --> 00:02:20,880 Speaker 1: stanch on his part. Um he said, he said, he said, Uh, 42 00:02:21,919 --> 00:02:23,800 Speaker 1: someone said on a show said Joe got a deal 43 00:02:23,840 --> 00:02:26,600 Speaker 1: for over a hundred thousand dollars. Cheff here said, and 44 00:02:26,680 --> 00:02:32,360 Speaker 1: Joe said, it's not American money. What do you think 45 00:02:32,400 --> 00:02:35,960 Speaker 1: about Joe getting a hundred thousand dollars? Yes, well, I'm 46 00:02:36,000 --> 00:02:38,720 Speaker 1: sure that a hundred thousand dollars is just you know, 47 00:02:38,880 --> 00:02:41,040 Speaker 1: pocket changed to him, and that I'm sure. I'm sure 48 00:02:41,040 --> 00:02:44,000 Speaker 1: he's been taking bitcoin in tips and crypto is um, well, 49 00:02:44,040 --> 00:02:47,640 Speaker 1: everybody on the right seems to definitely get their tips 50 00:02:47,639 --> 00:02:51,480 Speaker 1: already in crypto because we're we're believers, right. You know 51 00:02:51,480 --> 00:02:53,960 Speaker 1: what I thought was funny, Mark, was did you watch 52 00:02:54,000 --> 00:02:56,200 Speaker 1: that video the little clip? Did you? I just thought 53 00:02:56,200 --> 00:02:58,400 Speaker 1: that I just saw the clip. Yeah, yeah, it was 54 00:02:58,440 --> 00:03:01,560 Speaker 1: funny when I think it was, uh, what's the what's 55 00:03:01,560 --> 00:03:04,880 Speaker 1: the guy's name? Uh, Amar Sheer or whatever his name was. 56 00:03:05,080 --> 00:03:07,800 Speaker 1: His name was dragging for him? What was it, safire? 57 00:03:07,880 --> 00:03:10,959 Speaker 1: I think yes, it was bragging about the fact that 58 00:03:10,960 --> 00:03:13,640 Speaker 1: he's getting under dollars and hundreds dollars in bitcoin and 59 00:03:13,639 --> 00:03:17,760 Speaker 1: and and his reaction was, you know, he's like, uh, 60 00:03:17,800 --> 00:03:20,839 Speaker 1: what did he say? Said he was not American money? Oh? Yeah, 61 00:03:20,840 --> 00:03:23,600 Speaker 1: it's not American money, and it's almost like, you know, 62 00:03:24,000 --> 00:03:28,160 Speaker 1: he wants you to know. Uh, he doesn't want you 63 00:03:28,200 --> 00:03:30,320 Speaker 1: to know that he's accepting bitcoin, but he does want 64 00:03:30,360 --> 00:03:32,440 Speaker 1: you to know these things bigger because on his show, 65 00:03:32,520 --> 00:03:34,519 Speaker 1: I've I watched a big, big time Joe Rogan fan 66 00:03:34,680 --> 00:03:37,280 Speaker 1: Jica's too, but he's always kind of put bitcoin down 67 00:03:37,360 --> 00:03:40,040 Speaker 1: or kind of said that it was a ponds I 68 00:03:40,080 --> 00:03:41,960 Speaker 1: remember in the beginning, like the first time he heard 69 00:03:41,960 --> 00:03:45,280 Speaker 1: about it, and I, you know, it's like a Ponzi scheme. 70 00:03:45,720 --> 00:03:47,640 Speaker 1: I think that's a lot of people do that point 71 00:03:47,640 --> 00:03:49,560 Speaker 1: they hear that it's at forty thousand, they know that 72 00:03:49,560 --> 00:03:51,840 Speaker 1: guy's got it a like five or ten bucks. It's 73 00:03:51,920 --> 00:03:54,840 Speaker 1: kind of hard to, you know, accept the fact that 74 00:03:54,880 --> 00:03:56,840 Speaker 1: you're getting in so late, right, so they just write 75 00:03:56,840 --> 00:03:59,600 Speaker 1: it off as a ponzi. But Joe Rogan so open 76 00:03:59,680 --> 00:04:02,320 Speaker 1: mind did and learned so much through his guest, so 77 00:04:02,360 --> 00:04:04,560 Speaker 1: you can see the evolution of his mind over the 78 00:04:04,640 --> 00:04:09,120 Speaker 1: last couple of years, and now he's finally like, you know, well, 79 00:04:09,120 --> 00:04:12,040 Speaker 1: there was a lot of external changes in the world 80 00:04:12,080 --> 00:04:17,200 Speaker 1: too that necessitates bitcoin adopting at some point, though everybody 81 00:04:17,240 --> 00:04:20,480 Speaker 1: capitulates that's what's cool as I have always respected Joe Rogan. 82 00:04:20,480 --> 00:04:23,400 Speaker 1: I've watched him forever and learned so much from him. 83 00:04:23,400 --> 00:04:25,279 Speaker 1: But here's something that he didn't know, something that I 84 00:04:25,400 --> 00:04:28,080 Speaker 1: knew more than Joe Rogan, which is like super rare. 85 00:04:28,360 --> 00:04:31,200 Speaker 1: But he thought it was a ponzi. But eventually, due 86 00:04:31,200 --> 00:04:36,440 Speaker 1: to everybody comes comes around capitulates. Yeah, I think, you know, 87 00:04:36,480 --> 00:04:38,680 Speaker 1: I was saying earlier like, uh, I think as the 88 00:04:38,720 --> 00:04:42,000 Speaker 1: Gandhi quote, which is like at first they ignore you, 89 00:04:42,400 --> 00:04:44,440 Speaker 1: and then they laugh at you, then they fight you, 90 00:04:44,880 --> 00:04:48,320 Speaker 1: and then they join you. And uh, I was talking 91 00:04:48,360 --> 00:04:51,240 Speaker 1: about on an earlier episode about Jamie Diamond from JP 92 00:04:51,360 --> 00:04:55,320 Speaker 1: Morgan seen said if anybody even traded bitcoin, I'd fire him, 93 00:04:55,360 --> 00:04:58,119 Speaker 1: and of course not JP Morgan's in Um, Joe Rogan 94 00:04:58,200 --> 00:05:00,320 Speaker 1: maybe wasn't in the fighting so much, but he was 95 00:05:00,360 --> 00:05:05,320 Speaker 1: maybe in the Joe in the laughing phase. But I think, um, 96 00:05:05,360 --> 00:05:07,600 Speaker 1: you know, I think, as you said, Kyl, right, you 97 00:05:07,680 --> 00:05:11,080 Speaker 1: can see his stance has kind of changed, and just 98 00:05:11,520 --> 00:05:15,039 Speaker 1: him talking about it with a favorable you know, way 99 00:05:15,080 --> 00:05:16,640 Speaker 1: to talk about it. I mean, it just brings a 100 00:05:16,680 --> 00:05:20,000 Speaker 1: lot of two million people. Hey, yeah, it's it's real. 101 00:05:20,160 --> 00:05:24,360 Speaker 1: I mean the guy has like what eleven million subscribers, right, 102 00:05:24,360 --> 00:05:27,680 Speaker 1: and you were talking about, uh, the reach of what 103 00:05:27,720 --> 00:05:30,440 Speaker 1: was it, CNN, You were just talking about two million 104 00:05:30,440 --> 00:05:38,160 Speaker 1: people a month. Oh their gig is up though, Yeah, yeah, yeah, 105 00:05:38,279 --> 00:05:41,800 Speaker 1: mainstream media. And it's like, it's it's so obvious that 106 00:05:41,800 --> 00:05:45,320 Speaker 1: that's not the mainstream media anymore. Like I'm in the gym. Uh. 107 00:05:45,360 --> 00:05:48,400 Speaker 1: You know, it's a reference something about Joe Rogan. Everybody's 108 00:05:48,400 --> 00:05:51,479 Speaker 1: heard of everywhere I go, Like even my like tattoo artist, 109 00:05:51,560 --> 00:05:53,760 Speaker 1: he's got Joe Rogan playing every day everywhere you go, 110 00:05:54,760 --> 00:05:57,920 Speaker 1: Joe Rogan. Like, people know Joe Rogan. But but how 111 00:05:57,960 --> 00:06:00,599 Speaker 1: many of you ask the same people? Yeah, the same people. 112 00:06:00,760 --> 00:06:03,800 Speaker 1: Do you watch Fox News? Do you watch CNN? You know, 113 00:06:04,120 --> 00:06:05,480 Speaker 1: nine out of ten of the people that I too 114 00:06:05,560 --> 00:06:07,720 Speaker 1: thought talked to that watched Joe Rogan don't watch the 115 00:06:08,320 --> 00:06:11,760 Speaker 1: normal everyday news. So you think, so mainstream is not 116 00:06:12,400 --> 00:06:14,960 Speaker 1: the media, And you know, you know what else is 117 00:06:15,000 --> 00:06:19,120 Speaker 1: also big mainstream is sports obviously, and of course Joe 118 00:06:19,160 --> 00:06:20,760 Speaker 1: Rogan has that m M a kind of thing, which 119 00:06:20,800 --> 00:06:23,919 Speaker 1: is which is big. But in other other sports news, 120 00:06:23,960 --> 00:06:27,799 Speaker 1: Aaron Rodgers, quarterback of the Green Bay Packers, also agreed 121 00:06:27,839 --> 00:06:30,440 Speaker 1: to get a portion of his pay paycheck in bitcoin 122 00:06:30,520 --> 00:06:34,279 Speaker 1: as well, and that's another massive thing. And so Joe Rogan, 123 00:06:34,320 --> 00:06:36,520 Speaker 1: I don't know. I don't know the full details around 124 00:06:36,560 --> 00:06:38,600 Speaker 1: why he got the hundred thousand. I don't know if 125 00:06:38,640 --> 00:06:41,520 Speaker 1: that broken the story. But Aaron Rodgers is actually getting 126 00:06:41,800 --> 00:06:44,800 Speaker 1: he has to be paid in bitcoin, which is pretty amazing. 127 00:06:45,360 --> 00:06:49,240 Speaker 1: That's so awesome. I am not like a super football fan, 128 00:06:49,400 --> 00:06:52,000 Speaker 1: but everybody's heard the name Aaron Rodgers. All right, Jessica, 129 00:06:52,040 --> 00:06:53,840 Speaker 1: do you do you know who Aaron Rodgers is? Of 130 00:06:53,880 --> 00:06:57,760 Speaker 1: course I do, Okay, alright, So I mean I've heard 131 00:06:57,800 --> 00:07:00,200 Speaker 1: of him, but I don't watch football. I don't know, 132 00:07:00,480 --> 00:07:02,320 Speaker 1: but I remember hearing his name for the first time 133 00:07:02,360 --> 00:07:05,000 Speaker 1: a few years back, and it was this little ten 134 00:07:05,040 --> 00:07:06,960 Speaker 1: year old kid. He had an Aaron Rodgers jersey on, 135 00:07:07,440 --> 00:07:10,160 Speaker 1: you know, and and uh, all the kids that are 136 00:07:10,160 --> 00:07:13,240 Speaker 1: so enamored with Aaron Rodgers. That's big news, dude. Aaron 137 00:07:13,320 --> 00:07:16,960 Speaker 1: Rodgers is like a superhero number one quarterback, you know, 138 00:07:17,080 --> 00:07:22,360 Speaker 1: like his reach just that's that's so massive. He's pretty 139 00:07:22,400 --> 00:07:26,280 Speaker 1: conservative in disposition, so I would say that bitcoin is 140 00:07:26,760 --> 00:07:31,640 Speaker 1: um a default position that he would appreciate, right, yeah, yeah, 141 00:07:31,720 --> 00:07:33,720 Speaker 1: And I think like kind of to your point, guy, 142 00:07:33,920 --> 00:07:37,400 Speaker 1: like especially in football, right, Like kids love the merch, right, 143 00:07:37,440 --> 00:07:39,840 Speaker 1: so they're like wearing the jerseys and all that thing, 144 00:07:39,920 --> 00:07:42,160 Speaker 1: and so like, uh, probably there's a lot of that 145 00:07:42,240 --> 00:07:44,160 Speaker 1: idolizing them and want to do things. And so when 146 00:07:44,160 --> 00:07:46,000 Speaker 1: you see him like getting paid in bitcoin, I think 147 00:07:46,400 --> 00:07:50,280 Speaker 1: that carries a lot of credibility. You know, I appreciate 148 00:07:50,320 --> 00:07:57,280 Speaker 1: the signal of confidence for sure, exactly exactly. So I know. Also, Jess, 149 00:07:57,320 --> 00:07:59,280 Speaker 1: you've hung out with Russell O Kong. He was kind 150 00:07:59,280 --> 00:08:01,760 Speaker 1: of like the first football player to really start talking 151 00:08:01,800 --> 00:08:07,600 Speaker 1: about getting paid in bitcoin. Um yeah, undred together. That 152 00:08:07,640 --> 00:08:10,000 Speaker 1: was a good one for bitcoin. Race car yeah, I 153 00:08:10,000 --> 00:08:13,880 Speaker 1: mean yeah, so Bitcoin magazines or I'm sorry, Big Jack 154 00:08:13,960 --> 00:08:17,000 Speaker 1: Mallers whatever, Bitcoin had the indie car, indie race car 155 00:08:17,040 --> 00:08:19,720 Speaker 1: in the indie I think the car finished second in 156 00:08:19,760 --> 00:08:23,480 Speaker 1: the race. So um yeah, it's it's reaching like all 157 00:08:23,520 --> 00:08:25,040 Speaker 1: types of levels of trench. Man. I think there's a 158 00:08:25,080 --> 00:08:27,360 Speaker 1: couple of basketball players are getting paid in bitcoin as well. 159 00:08:27,920 --> 00:08:32,320 Speaker 1: I'm not mistaken. It's inevitable. Yeah, I get on the 160 00:08:32,440 --> 00:08:34,360 Speaker 1: get on the trend, man, if you want to be relevant, 161 00:08:34,440 --> 00:08:37,440 Speaker 1: takes part of your salary in bitcoin. Right, It's not 162 00:08:37,520 --> 00:08:41,559 Speaker 1: a friend, it's a revolution. Yeah, it's a revolution. I'm 163 00:08:41,600 --> 00:08:44,240 Speaker 1: here with Jessica Vaughan at Jessica Vaughan on Twitter and 164 00:08:44,320 --> 00:08:47,760 Speaker 1: Kyle Wonderlely at Kyle Wonderley on Twitter. He changed that 165 00:08:47,800 --> 00:08:49,520 Speaker 1: to make it easier to go give him a follow, 166 00:08:49,559 --> 00:08:52,559 Speaker 1: say what's up. We're talking about bitcoin, cryptocurrencies and the 167 00:08:52,600 --> 00:08:56,800 Speaker 1: decentralized revolution. We're talking about how we're seeing more and 168 00:08:56,840 --> 00:09:00,680 Speaker 1: more people choosing to get paid in bitcoin, may stream people, 169 00:09:00,760 --> 00:09:03,480 Speaker 1: not seeing in mainstream people. There is the information you 170 00:09:03,520 --> 00:09:05,480 Speaker 1: need to know so you can take advantage of this 171 00:09:06,200 --> 00:09:08,959 Speaker 1: giant shift in the world. Again, you listen to the 172 00:09:09,000 --> 00:09:13,400 Speaker 1: Mark Moss Show talking about bitcoin, cryptocurrencies and the decentralized revolution, 173 00:09:13,520 --> 00:09:17,000 Speaker 1: and we will be right back. Everyone. Welcome back. You 174 00:09:17,040 --> 00:09:19,480 Speaker 1: are listening to the Mark Moss Show. We're talking about bitcoin, 175 00:09:19,520 --> 00:09:24,439 Speaker 1: cryptocurrencies and this decentralized revolution. Literally the biggest opportunity you 176 00:09:24,440 --> 00:09:26,120 Speaker 1: will ever have in your life. And of course, the 177 00:09:26,120 --> 00:09:29,920 Speaker 1: way that you participate in these asymmetric opportunities is by 178 00:09:29,920 --> 00:09:32,640 Speaker 1: having asymmetric information, which is why you want to be 179 00:09:32,720 --> 00:09:35,040 Speaker 1: with me each and every week. I'm joining the studio 180 00:09:35,080 --> 00:09:37,640 Speaker 1: by two of my good friends, Kyle Wonderlely. You can 181 00:09:37,640 --> 00:09:41,160 Speaker 1: find them on Twitter. At Kyle Wonderley. That's w n 182 00:09:41,559 --> 00:09:44,800 Speaker 1: U N D E r l I. You'll find it. Uh. 183 00:09:45,280 --> 00:09:48,040 Speaker 1: And let me just interact. If you watch the show 184 00:09:48,120 --> 00:09:51,760 Speaker 1: last week, it was super underscore ruder. Course I did that. 185 00:09:51,840 --> 00:09:55,000 Speaker 1: I changed that for this by right here Mark Moss. 186 00:09:55,000 --> 00:09:58,520 Speaker 1: But if you still want to see uh, super rout 187 00:09:58,600 --> 00:10:01,040 Speaker 1: stuff on YouTube, that is still their super red stuff 188 00:10:01,080 --> 00:10:04,559 Speaker 1: on YouTube. There's the plug and uh and now that 189 00:10:04,640 --> 00:10:07,240 Speaker 1: Kyle Stile the Spotlight. We also have Jessica Van no one, 190 00:10:07,240 --> 00:10:09,320 Speaker 1: no one can steal her shine and you can find 191 00:10:09,360 --> 00:10:12,240 Speaker 1: her at Jessica Gavan. Make sure to look her up. 192 00:10:12,720 --> 00:10:17,560 Speaker 1: She is always putting some provocative things out there, uh 193 00:10:17,720 --> 00:10:21,480 Speaker 1: to get you thinking thoughts. And we're talking about um, 194 00:10:21,520 --> 00:10:24,959 Speaker 1: you know, mainstream not CNN. We're talking about mainstream as 195 00:10:24,960 --> 00:10:27,880 Speaker 1: in Joe Rogan, as in football stars like Aaron Rodgers 196 00:10:27,960 --> 00:10:32,120 Speaker 1: choosing to get paid in bitcoin, which is big because 197 00:10:32,160 --> 00:10:34,079 Speaker 1: you know, when you have a brand new technology of 198 00:10:34,120 --> 00:10:37,200 Speaker 1: technological revolution like bitcoin or any any technological revolution for 199 00:10:37,200 --> 00:10:39,560 Speaker 1: that matter, there's like this bell curve and you have 200 00:10:39,679 --> 00:10:43,319 Speaker 1: like the inventors and the visionaries, and before you get 201 00:10:43,360 --> 00:10:45,880 Speaker 1: to the early majority, there's this this chasm, and the 202 00:10:46,000 --> 00:10:49,520 Speaker 1: chasm has to be crossed, which means the mental shift 203 00:10:49,559 --> 00:10:51,800 Speaker 1: has to happen in the majority for it to really 204 00:10:51,840 --> 00:10:53,480 Speaker 1: hit the early majority, and in the late majority that 205 00:10:53,520 --> 00:10:56,160 Speaker 1: goes to kind of parabolic run. And that's where we're 206 00:10:56,160 --> 00:10:59,440 Speaker 1: at right now. We're right in that chasm. Um, And 207 00:10:59,520 --> 00:11:01,760 Speaker 1: so I think with the E t F that makes 208 00:11:01,800 --> 00:11:03,800 Speaker 1: it seem mainstream. Okay, it won't be won't be you know, 209 00:11:03,840 --> 00:11:07,880 Speaker 1: won't be made illegal. Now, Uh, countries are adopting it. Um. 210 00:11:07,920 --> 00:11:11,040 Speaker 1: And then you have Joe Rogan and Aaron Rodgers adopting it. 211 00:11:11,200 --> 00:11:14,800 Speaker 1: That's crossing the chasm, and Uh, I think it's just 212 00:11:14,800 --> 00:11:16,840 Speaker 1: gonna take off from here. I think, Um, then you 213 00:11:16,920 --> 00:11:21,320 Speaker 1: have the addition of you know, cash app, Venmo, PayPal 214 00:11:21,480 --> 00:11:24,200 Speaker 1: all adding it. So now all these Aaron Rodgers fans 215 00:11:24,200 --> 00:11:25,920 Speaker 1: and Joe Rogan fans here, but they can easily go 216 00:11:25,960 --> 00:11:28,640 Speaker 1: buy it. I mean, is this just gonna absolutely blow 217 00:11:28,679 --> 00:11:31,960 Speaker 1: it up? Or what? It's sort of like instant a 218 00:11:32,080 --> 00:11:35,840 Speaker 1: super celebrity that's paid so much money. UM is almost 219 00:11:35,840 --> 00:11:39,079 Speaker 1: like an institution adopting bitcoins. So it's still not as 220 00:11:39,520 --> 00:11:42,679 Speaker 1: great to me as you know, a hundred new bitcoiners 221 00:11:42,720 --> 00:11:45,640 Speaker 1: that might share that same sort of payout that Aaron 222 00:11:45,720 --> 00:11:49,240 Speaker 1: Rodgers were taking bitcoin. So I'd like to have more 223 00:11:49,280 --> 00:11:53,000 Speaker 1: people in bitcoin with the same amount of bitcoin ownership 224 00:11:53,120 --> 00:11:55,240 Speaker 1: that some super celebrity is going to get. But I 225 00:11:55,559 --> 00:11:58,120 Speaker 1: do like the amount of reach that that has that message. 226 00:11:58,360 --> 00:12:01,160 Speaker 1: And nobody pays these celebrities to um. You know, these 227 00:12:01,200 --> 00:12:04,000 Speaker 1: influencers on such a grand scale, nobody pays them. They 228 00:12:04,040 --> 00:12:06,720 Speaker 1: do it because they truly believe in the revolution. And 229 00:12:06,760 --> 00:12:10,320 Speaker 1: that's what's so beautiful about bitcoin. Yeah, I think what's 230 00:12:10,320 --> 00:12:14,120 Speaker 1: gonna blow it up mark is square cash app. They're 231 00:12:14,120 --> 00:12:18,800 Speaker 1: releasing a debit card for teenagers starting at thirteen. Now 232 00:12:18,880 --> 00:12:21,199 Speaker 1: you can have a debit card. Did you see that. 233 00:12:21,200 --> 00:12:23,959 Speaker 1: That's funny because k YC doesn't let you own bitcoin 234 00:12:24,040 --> 00:12:26,840 Speaker 1: unless you're eighteen. Yes, and so they're working on that. 235 00:12:26,920 --> 00:12:30,600 Speaker 1: I saw Jack Dorsey tweeted that out. Um. Somebody asked 236 00:12:30,640 --> 00:12:33,160 Speaker 1: him what does that mean kids can buy bitcoin on 237 00:12:33,160 --> 00:12:36,320 Speaker 1: on the cash app? Said, nobody's working on it, but 238 00:12:36,360 --> 00:12:38,560 Speaker 1: at least, you know, like a credit card. This has 239 00:12:38,600 --> 00:12:40,800 Speaker 1: been an issue in our family. I've got three teenage girls, 240 00:12:41,000 --> 00:12:43,760 Speaker 1: and I would they're all using Venmo. They're using Venmo. 241 00:12:44,200 --> 00:12:46,760 Speaker 1: We don't get where a cashless family right, So when 242 00:12:46,800 --> 00:12:49,360 Speaker 1: my daughter wants money for me, I send her Venmo 243 00:12:49,520 --> 00:12:51,679 Speaker 1: and then she gets the cash from her friend, and 244 00:12:51,679 --> 00:12:56,680 Speaker 1: then venmo's her friend. I just, uh, we've been we've 245 00:12:56,679 --> 00:12:58,679 Speaker 1: been wanting a debit card for so long in this family. 246 00:12:58,720 --> 00:13:00,880 Speaker 1: It's it's gonna be awesome. And then within the app 247 00:13:00,960 --> 00:13:06,040 Speaker 1: they're gonna see bitcoin, right, yeah, so that's huge. I 248 00:13:06,080 --> 00:13:09,880 Speaker 1: mean kids across America. I like that the apps are 249 00:13:09,920 --> 00:13:12,840 Speaker 1: gonna make it easier for people to get familiarized with 250 00:13:12,960 --> 00:13:17,280 Speaker 1: bitcoin and and um have some um warming up to it, 251 00:13:17,760 --> 00:13:20,760 Speaker 1: but it's still something we're gonna have to harness that 252 00:13:20,880 --> 00:13:23,880 Speaker 1: new group of people and teach them the whole point 253 00:13:23,880 --> 00:13:28,160 Speaker 1: about self customing. Somebody said it was like training wheels 254 00:13:28,200 --> 00:13:31,040 Speaker 1: like this, you know, putting bitcoin on Venmo and all 255 00:13:31,040 --> 00:13:33,720 Speaker 1: this stuff was like training wheels. Did you see that mark? No? 256 00:13:33,920 --> 00:13:35,840 Speaker 1: But I mean that's that's one way to look at it. 257 00:13:35,880 --> 00:13:37,520 Speaker 1: But you know, what happened with the fiat money so 258 00:13:37,520 --> 00:13:39,640 Speaker 1: well before the fit money system was gold goal is 259 00:13:39,640 --> 00:13:42,120 Speaker 1: money for five thousand years. And what happens is, uh, 260 00:13:42,240 --> 00:13:44,360 Speaker 1: gold is very clunky and heavy to use, so then 261 00:13:44,360 --> 00:13:45,680 Speaker 1: you put it in the banks and then use paper 262 00:13:45,679 --> 00:13:48,600 Speaker 1: goal certificates and what happened is over a period of time, 263 00:13:48,880 --> 00:13:52,240 Speaker 1: people started thinking of paper goal stificates as money. They 264 00:13:52,240 --> 00:13:54,840 Speaker 1: were only representative of money, but they started to think 265 00:13:54,840 --> 00:13:58,760 Speaker 1: of them as money specifically. And so I do see dangers. 266 00:13:58,760 --> 00:14:00,679 Speaker 1: Maybe it's training wheels off look at it that way. 267 00:14:00,720 --> 00:14:03,760 Speaker 1: Maybe that's a good thing. But like what I'm afraid of. 268 00:14:03,920 --> 00:14:06,360 Speaker 1: Maybe what Jessica was kind of saying is that um 269 00:14:06,400 --> 00:14:08,520 Speaker 1: if people start just thinking, well, this is just the 270 00:14:08,559 --> 00:14:12,760 Speaker 1: way it's done, and then all over again. Yeah, they 271 00:14:12,880 --> 00:14:16,080 Speaker 1: did that. They took the silver out of their um 272 00:14:16,280 --> 00:14:21,200 Speaker 1: coins before their downfall. Yeah, so then if people start thinking, 273 00:14:21,240 --> 00:14:23,000 Speaker 1: so I get it's it's training was it's easy for 274 00:14:23,000 --> 00:14:25,400 Speaker 1: them to get started, but they need to like eventually 275 00:14:25,440 --> 00:14:28,960 Speaker 1: get off the training wheels, right, Yeah, and you mean 276 00:14:29,000 --> 00:14:31,440 Speaker 1: to say that they need to get it sent off 277 00:14:31,480 --> 00:14:36,440 Speaker 1: of those platforms right self custody, Right, Yeah. I like 278 00:14:36,520 --> 00:14:39,520 Speaker 1: those apps because they funnel they funnel awareness, but we 279 00:14:39,600 --> 00:14:42,600 Speaker 1: have to capture that to teach them the whole point, 280 00:14:42,760 --> 00:14:45,720 Speaker 1: you know, especially a community that likes the fact that 281 00:14:45,760 --> 00:14:50,040 Speaker 1: it's you know, unconfiscatable, well not exactly unconfiscatable if you 282 00:14:50,680 --> 00:14:54,280 Speaker 1: got it through cash app or some case, or you're 283 00:14:55,000 --> 00:14:59,040 Speaker 1: one of these big megabanks, you know, false set and security. 284 00:14:59,280 --> 00:15:02,400 Speaker 1: I just spend on the talking about kind of like 285 00:15:02,440 --> 00:15:04,200 Speaker 1: I had made a YouTube video about how I lost 286 00:15:04,240 --> 00:15:08,240 Speaker 1: two million dollars worth of bitcoin um and uh, A 287 00:15:08,280 --> 00:15:10,520 Speaker 1: big chunk of that was taken through an exchange, was 288 00:15:10,560 --> 00:15:14,600 Speaker 1: sitting on in exchange and a big credible exchange, one 289 00:15:14,600 --> 00:15:17,480 Speaker 1: of the biggest the United States. By that, Uh and uh, 290 00:15:17,640 --> 00:15:19,200 Speaker 1: I mean it can it can just go. So there's 291 00:15:19,200 --> 00:15:22,000 Speaker 1: there's there's always risk. But then I customed it myself. 292 00:15:22,000 --> 00:15:23,800 Speaker 1: I had in a in a hot wallet on my 293 00:15:23,840 --> 00:15:27,160 Speaker 1: phone and and that I lost money there too, and 294 00:15:27,240 --> 00:15:31,680 Speaker 1: so it's it's dangerous, it's it's definitely, it's definitely difficult. 295 00:15:31,800 --> 00:15:34,080 Speaker 1: And Jessica, I know it's still a jump you need 296 00:15:34,080 --> 00:15:38,040 Speaker 1: to make yourself. I know, I'm with you, Jessica. I'm 297 00:15:38,040 --> 00:15:41,360 Speaker 1: actually waiting so we can demo it for a video 298 00:15:41,760 --> 00:15:44,040 Speaker 1: for a YouTube video or something. So yeah, but I 299 00:15:44,040 --> 00:15:46,160 Speaker 1: would like to do that walk through because I don't 300 00:15:46,160 --> 00:15:50,360 Speaker 1: know anything about cold storage, but I'm certainly a believer. Well, 301 00:15:50,400 --> 00:15:51,880 Speaker 1: I've got a Ledger and I've had it for a 302 00:15:51,880 --> 00:15:54,200 Speaker 1: long time, and this past couple of years I haven't 303 00:15:54,280 --> 00:15:56,160 Speaker 1: used it at all because I've gotten really used to 304 00:15:56,200 --> 00:15:59,520 Speaker 1: just using like meta mask or so Flair, phantom All 305 00:15:59,560 --> 00:16:03,560 Speaker 1: or whatever. Uh, and then using companies like Celsius and 306 00:16:03,640 --> 00:16:05,960 Speaker 1: block Fire and just having them custody. But dude, after 307 00:16:06,240 --> 00:16:09,000 Speaker 1: your story, Mark, dude, and after talking to you about it. 308 00:16:09,560 --> 00:16:12,640 Speaker 1: Oh man, I just got back from a trip and 309 00:16:12,720 --> 00:16:14,480 Speaker 1: I have not got around to it yet, but that's 310 00:16:14,520 --> 00:16:16,480 Speaker 1: the one on my top of my list. I've got 311 00:16:16,480 --> 00:16:20,160 Speaker 1: to get the stuff off of these. Uh, they're not exchanges, 312 00:16:20,200 --> 00:16:23,520 Speaker 1: but these other custodians I want to myself. I think, 313 00:16:23,520 --> 00:16:25,960 Speaker 1: you know, most people, we've been brought up in the 314 00:16:26,000 --> 00:16:28,800 Speaker 1: banking system, and we think that we kind of think 315 00:16:28,800 --> 00:16:32,120 Speaker 1: of exchanges as banks, and um, you know, we think 316 00:16:32,280 --> 00:16:34,120 Speaker 1: we'll just leave in the bank. But like, they're not. 317 00:16:34,240 --> 00:16:39,000 Speaker 1: They're not banks, and they don't ensure your bitcoin and 318 00:16:39,080 --> 00:16:41,200 Speaker 1: if they do get hacked or it does get stolen. 319 00:16:41,240 --> 00:16:42,960 Speaker 1: As a matter of fact, the problem that I'm in 320 00:16:43,000 --> 00:16:46,600 Speaker 1: the lawsuit over is that they supposedly, when you sign 321 00:16:46,680 --> 00:16:48,520 Speaker 1: up for an account, you click the boxes. As I 322 00:16:48,560 --> 00:16:52,600 Speaker 1: read the terms, and in the terms they say, no 323 00:16:52,640 --> 00:16:56,680 Speaker 1: matter what happens, period, we're not responsible. Even if one 324 00:16:56,720 --> 00:16:59,320 Speaker 1: of our employees steals it from you, we're not responsible. 325 00:16:59,840 --> 00:17:01,720 Speaker 1: And so of course my attorneys are like, wait a minute, 326 00:17:01,720 --> 00:17:03,720 Speaker 1: like that. You know, you can't just say that, but that, 327 00:17:03,800 --> 00:17:08,120 Speaker 1: but that's what they say. And so there's uh more 328 00:17:08,200 --> 00:17:11,479 Speaker 1: examples than you could imagine of of people losing bitcoin 329 00:17:11,520 --> 00:17:13,840 Speaker 1: that way, and so you have to realize it's not 330 00:17:13,920 --> 00:17:15,920 Speaker 1: now I think. I don't know if we talked about before, 331 00:17:15,960 --> 00:17:18,840 Speaker 1: but the f d i C is now working with 332 00:17:18,920 --> 00:17:21,760 Speaker 1: some banks to see how they could ensure bitcoin and 333 00:17:21,760 --> 00:17:24,200 Speaker 1: that could change things. By the way, you're listening to 334 00:17:24,280 --> 00:17:26,360 Speaker 1: the Mark Mo Show, I'm going to do with two 335 00:17:26,359 --> 00:17:29,440 Speaker 1: of my good friends, Kyle Wonderley at Kyle Wonderley and 336 00:17:29,720 --> 00:17:32,120 Speaker 1: the lovely Jessica Von. You can find her at Jessica Van. 337 00:17:32,200 --> 00:17:35,119 Speaker 1: Of course, I'm one Mark Moss on Twitter and Instagram. 338 00:17:35,200 --> 00:17:36,960 Speaker 1: Send us a message, say you heard us on the radio, 339 00:17:37,440 --> 00:17:39,919 Speaker 1: Send us a question, um, and we'll make sure to 340 00:17:39,960 --> 00:17:42,679 Speaker 1: answer it. The Mark Mo Show, we're talking about bitcoin, 341 00:17:43,000 --> 00:17:45,960 Speaker 1: We're talking about cryptocurrencies. We're talking about the decentralized revolution, 342 00:17:46,080 --> 00:17:49,480 Speaker 1: the biggest opportunity you will ever have in your lifetime. 343 00:17:49,800 --> 00:17:52,800 Speaker 1: We'll be right back, all right, welcome back. You're listening 344 00:17:52,840 --> 00:17:54,840 Speaker 1: to the Mark ma Show and we are talking about 345 00:17:54,880 --> 00:17:59,600 Speaker 1: bitcoin and cryptocurrencies and the decentralized revolution and trying to 346 00:17:59,680 --> 00:18:03,040 Speaker 1: help you out. I'm trying to give you the information 347 00:18:03,080 --> 00:18:06,040 Speaker 1: you need to take advantage of the biggest opportunity you 348 00:18:06,080 --> 00:18:07,919 Speaker 1: will ever see in your lifetime. And I'm in the 349 00:18:07,920 --> 00:18:10,200 Speaker 1: studio with two of my really good friends. Kyle Wonderley 350 00:18:10,280 --> 00:18:12,359 Speaker 1: you can find him at Kyle Wonderley and of course 351 00:18:12,600 --> 00:18:14,959 Speaker 1: Jessicavan you can find her at Jessica Van and I 352 00:18:15,000 --> 00:18:18,760 Speaker 1: am one Mark Moss. If you can send us a message, 353 00:18:18,760 --> 00:18:21,639 Speaker 1: say what's up or something, ask a question. I don't know, 354 00:18:21,720 --> 00:18:25,080 Speaker 1: but we're talking about um, obviously we're talking about bitcoin 355 00:18:25,119 --> 00:18:29,160 Speaker 1: and crypto, but we're talking about how mainstream so athletes 356 00:18:29,240 --> 00:18:33,240 Speaker 1: like Aaron Rodgers and Russell Kong and um Joe Rogan 357 00:18:33,320 --> 00:18:35,240 Speaker 1: are getting paid in bitcoin and how easy it is 358 00:18:35,280 --> 00:18:37,560 Speaker 1: for people to get in now with cash app and 359 00:18:37,600 --> 00:18:42,400 Speaker 1: venmo and those types of things. But are they training wheels? Well, 360 00:18:42,440 --> 00:18:43,840 Speaker 1: I guess they are training wheels. But is that a 361 00:18:43,840 --> 00:18:46,280 Speaker 1: good thing or a bad thing? Um, Ultimately you need 362 00:18:46,320 --> 00:18:48,600 Speaker 1: to get off the training wheels eventually and learn to 363 00:18:48,600 --> 00:18:50,400 Speaker 1: self custom your coins. I think that's kind of where 364 00:18:50,400 --> 00:18:53,359 Speaker 1: we're app and uh, we're kind of explained some of 365 00:18:53,359 --> 00:18:56,040 Speaker 1: the pitfalls with that, I think, you know, I think 366 00:18:56,080 --> 00:18:59,040 Speaker 1: about it as I was talking about earlier. It's like, um, 367 00:18:59,080 --> 00:19:03,040 Speaker 1: I believe that bitcoin solves the oldest problem of humanity, 368 00:19:03,119 --> 00:19:05,240 Speaker 1: which is how do I secure my private property in 369 00:19:05,240 --> 00:19:07,679 Speaker 1: a way that can't be taken? And so it solves 370 00:19:07,720 --> 00:19:10,160 Speaker 1: that problem which is massive, and we'll have this massive 371 00:19:10,359 --> 00:19:14,679 Speaker 1: prosperity on the side if, um, if we shift the 372 00:19:14,720 --> 00:19:18,919 Speaker 1: power of balance. So like if if one, if someone 373 00:19:19,000 --> 00:19:21,120 Speaker 1: knows that they can get stronger, get a bigger army, 374 00:19:21,200 --> 00:19:25,080 Speaker 1: they can just steal my wealth, and then I'm incentivized 375 00:19:25,119 --> 00:19:26,840 Speaker 1: because I know someone can comes to my wealth. I'm 376 00:19:26,840 --> 00:19:30,320 Speaker 1: not incentivized to build and store wealth. And so one 377 00:19:30,359 --> 00:19:32,600 Speaker 1: side is incentivized to steal and the other side is 378 00:19:32,640 --> 00:19:36,080 Speaker 1: incentivized not to produce, so neither side is very productive. 379 00:19:36,080 --> 00:19:38,359 Speaker 1: And if we can shift that power balance, shift the 380 00:19:38,359 --> 00:19:43,439 Speaker 1: incentive structure. So now um, I'm incentivized to build value 381 00:19:43,520 --> 00:19:45,760 Speaker 1: and save because I know my wealth can be stolen. 382 00:19:45,840 --> 00:19:48,679 Speaker 1: And then the other side, instead of be incentivized to steal, 383 00:19:48,960 --> 00:19:53,679 Speaker 1: they're incentivized to provide me valuable goods and services. So 384 00:19:53,760 --> 00:19:58,440 Speaker 1: now the whole world shifts into focused on providing valuable 385 00:19:58,440 --> 00:20:01,920 Speaker 1: goods and services, solving problems, creating new technologies as opposed 386 00:20:01,920 --> 00:20:05,119 Speaker 1: to one side stealing this side protecting. How big does 387 00:20:05,160 --> 00:20:08,679 Speaker 1: that change the world? Well, I love the idea of 388 00:20:09,440 --> 00:20:15,160 Speaker 1: bitcoiners being an available option for me with um looking 389 00:20:15,200 --> 00:20:20,560 Speaker 1: for a parallel economic system UM so and the shared 390 00:20:20,640 --> 00:20:25,040 Speaker 1: come the shared space of hard sound money lets me 391 00:20:25,119 --> 00:20:27,840 Speaker 1: know that their values somewhat aligned with mine. And if 392 00:20:27,880 --> 00:20:31,120 Speaker 1: we're going to build something, I love building with bitcoiners 393 00:20:31,119 --> 00:20:34,560 Speaker 1: and they're very entrepreneurial people by nature. Um but just 394 00:20:34,640 --> 00:20:38,440 Speaker 1: agreeing on the fairness. I mean, you know, Wall Street's 395 00:20:38,440 --> 00:20:42,440 Speaker 1: got its problems, and of course you know inflation and 396 00:20:42,440 --> 00:20:44,919 Speaker 1: and all that. Just there's so many games people have 397 00:20:45,080 --> 00:20:48,800 Speaker 1: played with UM fiat that it's it's exciting to build 398 00:20:48,880 --> 00:20:51,320 Speaker 1: with bitcoinners for sure. Yeah. I just I just think 399 00:20:51,320 --> 00:20:55,080 Speaker 1: about man having everybody focused on you know, like being 400 00:20:55,080 --> 00:20:58,200 Speaker 1: a being a business owner is not a greedy thing, right, 401 00:20:58,240 --> 00:20:59,960 Speaker 1: the world wants to make them greedy, But like there's 402 00:21:00,000 --> 00:21:02,560 Speaker 1: solving people's problems. If you don't solve someone's problems or 403 00:21:02,560 --> 00:21:05,399 Speaker 1: provide value, you don't get paid in a traditional way. 404 00:21:05,520 --> 00:21:08,040 Speaker 1: UM and so man if if governments were forced to 405 00:21:08,080 --> 00:21:11,280 Speaker 1: provide valuable goods and services, and we were more focused 406 00:21:11,280 --> 00:21:14,919 Speaker 1: on providing goods and services like the explosion of technologies 407 00:21:14,960 --> 00:21:17,920 Speaker 1: and and and progress. I think it's hard to it's 408 00:21:17,920 --> 00:21:20,800 Speaker 1: hard to imagine how big that could be. Well, they're 409 00:21:20,800 --> 00:21:27,320 Speaker 1: not oriented towards solutions unfortunately, but if yeah, it would 410 00:21:27,320 --> 00:21:30,760 Speaker 1: be a beautiful world. I like your utopian vision. Yeah, man, 411 00:21:31,119 --> 00:21:34,119 Speaker 1: you know bitcoin, we can have it in a parallel economy. 412 00:21:34,160 --> 00:21:36,320 Speaker 1: We just need the power of choice and bitcoin provides 413 00:21:36,400 --> 00:21:39,760 Speaker 1: that choice. Yeah. Yeah. The way I look at bitcoin 414 00:21:39,800 --> 00:21:43,400 Speaker 1: in in in government, like you know, for for um 415 00:21:44,440 --> 00:21:46,840 Speaker 1: El Salvador. You know, these countries that are going to 416 00:21:46,920 --> 00:21:50,800 Speaker 1: be adopting it, making it legal, tender, it's gonna it's 417 00:21:50,840 --> 00:21:56,040 Speaker 1: gonna require that government be responsible. Like that's you know, 418 00:21:56,200 --> 00:21:57,840 Speaker 1: We've been a bitcoin for a while now, so it 419 00:21:57,960 --> 00:22:00,680 Speaker 1: got Bitcoin has made me more response. Well, bitcoin has 420 00:22:00,680 --> 00:22:03,000 Speaker 1: had that effect on me where I'm like, I want 421 00:22:03,000 --> 00:22:07,360 Speaker 1: to save I want to save this money, you know, like, uh, 422 00:22:07,400 --> 00:22:10,680 Speaker 1: this this is a this is an inflation hedge um, 423 00:22:10,720 --> 00:22:13,200 Speaker 1: you know, and and and the more the more you 424 00:22:13,240 --> 00:22:15,920 Speaker 1: want to save money, the more you want bitcoin. Dude. 425 00:22:16,640 --> 00:22:20,760 Speaker 1: Something clicked a couple of years ago, right, who wants 426 00:22:20,800 --> 00:22:24,000 Speaker 1: to save dollars? Who wants to save money nobody. That's 427 00:22:24,040 --> 00:22:27,000 Speaker 1: why we're spending them as fast as we can. So yeah, dude, 428 00:22:27,000 --> 00:22:29,320 Speaker 1: so we all have the same sickness. Like I don't 429 00:22:29,359 --> 00:22:32,240 Speaker 1: respect the dollar, so I just spend it. I respect 430 00:22:32,280 --> 00:22:35,280 Speaker 1: bits bitcoins so much that it makes me a responsible person, 431 00:22:35,760 --> 00:22:37,560 Speaker 1: and it's going to do that for government to write 432 00:22:37,600 --> 00:22:40,160 Speaker 1: like if if, if you can't just print your problems 433 00:22:40,200 --> 00:22:43,960 Speaker 1: away and you actually have to have something valuable to 434 00:22:44,080 --> 00:22:46,359 Speaker 1: spend to get something somebody to do something, you have 435 00:22:46,400 --> 00:22:50,080 Speaker 1: to have the money to get them to do that. Yeah, responsible? 436 00:22:51,400 --> 00:22:55,280 Speaker 1: What about? What about what about this? Kyle? Are nonpracticing 437 00:22:55,400 --> 00:23:00,920 Speaker 1: lawyer in the house? Um, so what about what about? When? Uh, 438 00:23:00,960 --> 00:23:04,400 Speaker 1: I won't want to suit you? Why would I sue 439 00:23:04,440 --> 00:23:07,760 Speaker 1: somebody if I can't if I can't collect money. Don't 440 00:23:07,760 --> 00:23:10,919 Speaker 1: even get me started on the frivolous lawsuits. Dude. You 441 00:23:10,920 --> 00:23:13,480 Speaker 1: don't think what I'm just saying, Like, like if if 442 00:23:13,600 --> 00:23:15,720 Speaker 1: if I sue you and the judge says, yeah, you 443 00:23:15,760 --> 00:23:19,879 Speaker 1: gotta pay them, Well, how do I collect if you 444 00:23:19,920 --> 00:23:22,639 Speaker 1: tell the women that they're never going to participate in 445 00:23:22,640 --> 00:23:25,560 Speaker 1: marriage again, So don't tip them off to that. But 446 00:23:25,640 --> 00:23:27,000 Speaker 1: you know what I mean, because like I get a 447 00:23:27,040 --> 00:23:28,919 Speaker 1: judgment right, so the judge gives me a judgment, But 448 00:23:28,920 --> 00:23:30,680 Speaker 1: how do I collect if your money is in bitcoin? 449 00:23:31,240 --> 00:23:37,639 Speaker 1: If okay, the fourth out of the law, out of 450 00:23:37,680 --> 00:23:40,359 Speaker 1: the hands of the well, the insurance companies are going 451 00:23:40,400 --> 00:23:43,760 Speaker 1: to have to provide bitcoin right there. That's why I 452 00:23:43,760 --> 00:23:47,480 Speaker 1: think in our lifetime it's less likely to replace the 453 00:23:47,560 --> 00:23:50,440 Speaker 1: US dollar because the state's gonna, you know, put its 454 00:23:50,480 --> 00:23:53,640 Speaker 1: full force behind having that power over people. I see 455 00:23:53,680 --> 00:23:56,159 Speaker 1: it as a parallel option for people that opt in, 456 00:23:56,560 --> 00:24:02,080 Speaker 1: you know, voluntary um opting into bitcoin could be huge anyway, Like, 457 00:24:02,119 --> 00:24:05,200 Speaker 1: it doesn't necessarily have to replace the dollar. I think 458 00:24:05,200 --> 00:24:08,040 Speaker 1: the market will decide that if it's actually free, but 459 00:24:08,080 --> 00:24:10,680 Speaker 1: it's so controlled by the government that you know, the 460 00:24:10,720 --> 00:24:13,560 Speaker 1: market formerly known as the free market. Anyway, I would 461 00:24:13,600 --> 00:24:16,359 Speaker 1: love bitcoin, but but government exists. What do we do 462 00:24:16,359 --> 00:24:18,320 Speaker 1: about the What do we do about that? It's growing, 463 00:24:18,320 --> 00:24:20,960 Speaker 1: but it changes. It's well, it's grown by the minute, 464 00:24:20,960 --> 00:24:24,360 Speaker 1: but it's gonna it's gonna change, right, It's government does 465 00:24:24,400 --> 00:24:29,080 Speaker 1: not change. Sure. I mean the nature of the state. 466 00:24:29,119 --> 00:24:31,679 Speaker 1: If you read Rothbard's Anatomy of the State, right, what 467 00:24:31,880 --> 00:24:33,760 Speaker 1: is the state and the and and or you read 468 00:24:33,760 --> 00:24:35,520 Speaker 1: the law, I mean both of them basically state that 469 00:24:35,600 --> 00:24:38,080 Speaker 1: the purpose of the state is to control power, grow 470 00:24:38,160 --> 00:24:42,360 Speaker 1: its power, and keep its power. But this just changes things. 471 00:24:42,400 --> 00:24:45,760 Speaker 1: It changes the incentive structure. Um. But I mean, I 472 00:24:45,760 --> 00:24:48,960 Speaker 1: think the United States is like five or ten percent 473 00:24:49,000 --> 00:24:50,479 Speaker 1: of the population of the world, and we have like 474 00:24:51,080 --> 00:24:54,119 Speaker 1: of the attorneys in the world. Yeah, dude, that's the 475 00:24:54,160 --> 00:24:55,960 Speaker 1: Fiat money for sure. That's because of the strength of 476 00:24:55,960 --> 00:24:59,680 Speaker 1: the dollar. That's because that mighty dollar. So the insurance 477 00:24:59,680 --> 00:25:03,120 Speaker 1: company these you know, going back to like I'm trying 478 00:25:03,119 --> 00:25:06,480 Speaker 1: to imagine this bitcoin standard world, this this world where 479 00:25:06,480 --> 00:25:08,840 Speaker 1: we're only in bitcoin and we're not influenced by the dollar, 480 00:25:09,080 --> 00:25:10,959 Speaker 1: and what that would do, Like because you asked me, 481 00:25:11,400 --> 00:25:14,600 Speaker 1: you got my lawyer in mind thinking now, right, So 482 00:25:14,600 --> 00:25:18,480 Speaker 1: so I was just thinking the the the number of 483 00:25:18,560 --> 00:25:23,080 Speaker 1: frivolous lawsuits would have to go away, because the only 484 00:25:23,080 --> 00:25:30,000 Speaker 1: reason that these exist is because insurance companies are largely subsidized. Right, 485 00:25:30,000 --> 00:25:34,399 Speaker 1: there's insurance money for days. That's what the whole um, 486 00:25:34,840 --> 00:25:37,320 Speaker 1: the facade is of of the law, right, that's where 487 00:25:37,320 --> 00:25:39,200 Speaker 1: the law that's where all these lawyers get all their 488 00:25:39,200 --> 00:25:42,960 Speaker 1: money from insurance companies. But bitcoin requires everybody to be 489 00:25:43,000 --> 00:25:45,600 Speaker 1: responsible and to only put put you know if you 490 00:25:45,680 --> 00:25:48,040 Speaker 1: value money to only put that money where you know 491 00:25:48,040 --> 00:25:50,040 Speaker 1: you're going to get an actual return. So dude, it's 492 00:25:50,080 --> 00:25:54,359 Speaker 1: hard to imagine. It's hard going standard world everything, so 493 00:25:54,400 --> 00:25:57,600 Speaker 1: many things are gonna have to change. Anyway, Sorry about that, tirade, bro, 494 00:25:57,760 --> 00:26:00,639 Speaker 1: don't take me back to uh my law, I'll school, 495 00:26:00,720 --> 00:26:02,800 Speaker 1: I'll take you back to last It's just it's just, yeah, 496 00:26:02,960 --> 00:26:07,720 Speaker 1: it's hard to imagine that. It's just when you change 497 00:26:07,760 --> 00:26:09,960 Speaker 1: in central structures. By the way, you're listening to the 498 00:26:10,000 --> 00:26:13,520 Speaker 1: Mark Moss Show, we're talking about bitcoin cryptocurrencies, Uh, the 499 00:26:13,560 --> 00:26:16,880 Speaker 1: way they're going to change the world in this decentralized revolution. 500 00:26:16,920 --> 00:26:20,199 Speaker 1: It's literally gonna change everything, including the legal system, the 501 00:26:20,200 --> 00:26:22,960 Speaker 1: insurance system. I mean, it's just hard to imagine. But 502 00:26:23,000 --> 00:26:26,600 Speaker 1: when we change the power balance and the incentive structure, UM, 503 00:26:26,680 --> 00:26:29,080 Speaker 1: I believe it just changes the world for the better. Um. 504 00:26:29,240 --> 00:26:31,760 Speaker 1: And so um, you know it's gonna be the big opportunity, 505 00:26:31,800 --> 00:26:34,199 Speaker 1: the biggest wealth frands for you've ever seen. And you 506 00:26:34,200 --> 00:26:35,920 Speaker 1: want to participate, but you gotta make sure you get 507 00:26:35,920 --> 00:26:37,520 Speaker 1: good information. So that's why you want to tune in 508 00:26:37,520 --> 00:26:39,960 Speaker 1: each and every week and hear us discuss all these 509 00:26:40,000 --> 00:26:43,399 Speaker 1: different angles because um, you know, some people want to 510 00:26:43,440 --> 00:26:45,119 Speaker 1: be I haven't explained to him in two minutes, like 511 00:26:45,119 --> 00:26:46,959 Speaker 1: they're five years old, and it just can't do that. 512 00:26:47,000 --> 00:26:48,520 Speaker 1: You need to put the time in, but I can 513 00:26:48,560 --> 00:26:51,439 Speaker 1: guarantee it's worth it. You listen to Mark Moss. I'm 514 00:26:51,560 --> 00:26:54,119 Speaker 1: with my good friends Kyle Wonderley at Kyle Wonderley and 515 00:26:54,200 --> 00:26:57,400 Speaker 1: Jessica Van at Jessica Van. Of course, I'm at one 516 00:26:57,480 --> 00:27:00,479 Speaker 1: Mark Moss and we're here each week bring you the 517 00:27:00,480 --> 00:27:05,800 Speaker 1: best information on bitcoin and cryptocurrencies and the decentralized revolution. 518 00:27:06,720 --> 00:27:10,200 Speaker 1: And we're talking about the way it's going to change 519 00:27:10,400 --> 00:27:13,879 Speaker 1: the world. When we come back, we're gonna break it 520 00:27:13,920 --> 00:27:16,880 Speaker 1: down even more. So don't go away, all right, welcome back. 521 00:27:16,920 --> 00:27:18,640 Speaker 1: You are listening to the Mark Moss Show, and we 522 00:27:18,680 --> 00:27:23,960 Speaker 1: are talking about bitcoin, of course, cryptocurrencies and the decentralized revolution. 523 00:27:24,800 --> 00:27:27,639 Speaker 1: This is this will be the most important part of 524 00:27:27,680 --> 00:27:29,280 Speaker 1: your week each and every week. Make sure to tune 525 00:27:29,280 --> 00:27:31,000 Speaker 1: in with me. Make up make an appointment on your 526 00:27:31,000 --> 00:27:33,880 Speaker 1: calendar for this channel this time and join me. I'm 527 00:27:33,880 --> 00:27:35,480 Speaker 1: in the studio with two of my good friends, Kyle 528 00:27:35,560 --> 00:27:38,439 Speaker 1: Wonderley at Kyle Wonderley and of course Jessica Van. You 529 00:27:38,440 --> 00:27:41,000 Speaker 1: can find her at Jessica Van and I am at one. 530 00:27:41,119 --> 00:27:44,119 Speaker 1: Mark Moss, shoot us a message, give us a follow 531 00:27:44,200 --> 00:27:47,600 Speaker 1: say what's up, and uh, we're gonna keep talking about bitcoin. 532 00:27:48,480 --> 00:27:50,320 Speaker 1: We've covered a lot of ground. You've missed out a 533 00:27:50,320 --> 00:27:52,800 Speaker 1: lot if you're just tuning in, But we're just talking 534 00:27:52,840 --> 00:27:56,600 Speaker 1: about you know, bitcoin, the biggest thing in the world, 535 00:27:56,600 --> 00:27:58,199 Speaker 1: has really changed the world. And before we went to 536 00:27:58,240 --> 00:28:00,960 Speaker 1: the break, we were talking about how if you change 537 00:28:01,000 --> 00:28:04,040 Speaker 1: the incentive structure, the balance balance, the power of balance 538 00:28:04,080 --> 00:28:06,240 Speaker 1: and the incentive structure, how much does that change the world. 539 00:28:06,400 --> 00:28:09,360 Speaker 1: Of course we don't know, but just hypothetically speaking, right, 540 00:28:09,600 --> 00:28:11,919 Speaker 1: if you, if you? If you, we're currently in a 541 00:28:12,000 --> 00:28:15,600 Speaker 1: system where, um, you know, theft is incentivized by by 542 00:28:15,640 --> 00:28:18,760 Speaker 1: the government, by theft and by force, and then the 543 00:28:18,760 --> 00:28:23,840 Speaker 1: people are you mean taxes? Yeah? Well sure, taxes, yeah, 544 00:28:23,880 --> 00:28:27,440 Speaker 1: inflation is theft? Um? Well, and then I mean talking 545 00:28:27,440 --> 00:28:29,960 Speaker 1: about taxes, right, I think we were talking about well, 546 00:28:30,200 --> 00:28:31,960 Speaker 1: and then and then the people us we're not that 547 00:28:32,000 --> 00:28:33,879 Speaker 1: incentivized because we know that our wealth can be stolen 548 00:28:33,920 --> 00:28:36,320 Speaker 1: any time, and the government knows if they raise the 549 00:28:36,359 --> 00:28:39,240 Speaker 1: taxes too high, then the people will be piste will overthrow. 550 00:28:39,320 --> 00:28:41,520 Speaker 1: They won't they won't pay whatever. And so what they 551 00:28:41,560 --> 00:28:44,160 Speaker 1: do is instead of just raising your taxes, well, we'll 552 00:28:44,240 --> 00:28:48,400 Speaker 1: just add more taxes to your death, you know, your 553 00:28:48,440 --> 00:28:52,760 Speaker 1: your state taxes will add more taxes to your cap gains, uh, 554 00:28:52,800 --> 00:28:55,760 Speaker 1: will tax or unrealized wealth. And they just keep trying 555 00:28:55,800 --> 00:28:58,560 Speaker 1: to find ways to take more wealth as opposed to 556 00:28:58,720 --> 00:29:01,240 Speaker 1: trying to find ways to provide more value. The sovereign 557 00:29:01,240 --> 00:29:04,640 Speaker 1: individual talks about like a dairy cow, and the farmer 558 00:29:04,720 --> 00:29:06,280 Speaker 1: keeps the dairy cow in a pin and takes as 559 00:29:06,320 --> 00:29:09,479 Speaker 1: much as much mooke as it once. But what happens 560 00:29:09,480 --> 00:29:13,160 Speaker 1: when the cow can grow wings? Eric Jessica's got the book. 561 00:29:13,480 --> 00:29:16,680 Speaker 1: What happens when the cow can grow wings and fly away? Right? 562 00:29:16,720 --> 00:29:18,600 Speaker 1: And so when the state is forced to provide a 563 00:29:18,640 --> 00:29:20,760 Speaker 1: valuable good in service and so yeah, I don't know, 564 00:29:20,800 --> 00:29:22,479 Speaker 1: it's just I don't I don't know how big how 565 00:29:22,560 --> 00:29:24,360 Speaker 1: much that changes the world. But it seems like it's 566 00:29:24,360 --> 00:29:26,880 Speaker 1: going to be a much better place. That's my utopian 567 00:29:27,000 --> 00:29:30,640 Speaker 1: vision for sure. Yeah, it's uh, it's fun to speculate, 568 00:29:30,680 --> 00:29:32,640 Speaker 1: it's fun. It's fun to think about a world that 569 00:29:32,680 --> 00:29:35,560 Speaker 1: would be bitcoin only. I think, uh, I think the 570 00:29:35,640 --> 00:29:37,840 Speaker 1: more that you do that the more of a bitcoinner 571 00:29:37,920 --> 00:29:41,440 Speaker 1: you become. You know, Mark, I've listened to you and Jessica, 572 00:29:41,760 --> 00:29:44,240 Speaker 1: and I know there are other bitcoinners that you connect 573 00:29:44,280 --> 00:29:48,240 Speaker 1: with constantly. I've listened to you in spaces a number 574 00:29:48,240 --> 00:29:50,880 Speaker 1: of times. And it's so crazy to me how much 575 00:29:50,920 --> 00:29:54,640 Speaker 1: in common bitcoiners have once you understand bitcoin and you 576 00:29:55,080 --> 00:29:58,400 Speaker 1: and you and invest your your time and energy into bitcoin, 577 00:29:58,720 --> 00:30:00,920 Speaker 1: it's so many. It's so funny how all these other 578 00:30:00,960 --> 00:30:03,320 Speaker 1: little things in your life, like the way we eat, 579 00:30:03,760 --> 00:30:06,800 Speaker 1: like our health regimen, you know, like the way you 580 00:30:06,840 --> 00:30:09,920 Speaker 1: see politics, all these other things are like they all 581 00:30:09,960 --> 00:30:13,240 Speaker 1: fall in line. It's such a it's such a cool community. Jessica, 582 00:30:13,600 --> 00:30:19,400 Speaker 1: how has it changed the way of you politics? Yeah? Well, 583 00:30:19,640 --> 00:30:21,760 Speaker 1: you know it was. It was a tool of UM 584 00:30:22,120 --> 00:30:26,400 Speaker 1: political paradigm shift for me. And it was a uh 585 00:30:27,320 --> 00:30:32,200 Speaker 1: um just a non violent productive means of me UM 586 00:30:32,240 --> 00:30:37,080 Speaker 1: funneling that energy, my revolutionary energy. Because complain all you 587 00:30:37,120 --> 00:30:39,200 Speaker 1: want on the internet, but what you know, if you 588 00:30:39,280 --> 00:30:44,960 Speaker 1: have an option to UM opt out by either moving 589 00:30:45,440 --> 00:30:48,080 Speaker 1: like I live in Los Angeles, I could move and 590 00:30:48,120 --> 00:30:50,520 Speaker 1: that would send you know, some sort of a message, 591 00:30:50,520 --> 00:30:54,680 Speaker 1: but also pulling my FIAT out and signaling my confidence 592 00:30:54,680 --> 00:30:57,600 Speaker 1: and talking about it because I'm basically, um, you know, 593 00:30:57,800 --> 00:31:02,400 Speaker 1: a bitcoin uh evangelist. Snow, that's my new job. Yeah, 594 00:31:03,040 --> 00:31:06,160 Speaker 1: what about I think, Kyle, you were staying earlier about 595 00:31:06,200 --> 00:31:09,080 Speaker 1: like you know, I think the bitcoin thing that like 596 00:31:09,160 --> 00:31:12,080 Speaker 1: changes your time preference. Yeah, so you're talking about how 597 00:31:12,120 --> 00:31:13,640 Speaker 1: you don't want to spend your bitcoin, right, you want 598 00:31:13,640 --> 00:31:15,720 Speaker 1: to save it. But then it starts applying to every 599 00:31:15,720 --> 00:31:18,280 Speaker 1: area where you start looking at a longer time preference 600 00:31:18,280 --> 00:31:20,920 Speaker 1: within your health. I don't want to eat fiat food. 601 00:31:20,960 --> 00:31:23,040 Speaker 1: I want things that will give me long term health 602 00:31:23,080 --> 00:31:24,920 Speaker 1: with my food, right, I want things that will build 603 00:31:24,920 --> 00:31:27,280 Speaker 1: long term relationships I want and everything all of a 604 00:31:27,320 --> 00:31:30,120 Speaker 1: sudden gets like more important at least I don't know. 605 00:31:30,160 --> 00:31:31,960 Speaker 1: It seems like it gives you I can call like 606 00:31:32,000 --> 00:31:35,360 Speaker 1: orange colored lenses and then everything just like, um, you 607 00:31:35,400 --> 00:31:38,040 Speaker 1: start you stopped wanting the shortcuts and you really want 608 00:31:38,040 --> 00:31:40,000 Speaker 1: to start kind of building and investing in your life, 609 00:31:40,000 --> 00:31:43,320 Speaker 1: and in all those areas, it does remove and mitigate 610 00:31:43,400 --> 00:31:47,200 Speaker 1: your impulse quite a bit. Um. You know, I'll send 611 00:31:47,240 --> 00:31:49,200 Speaker 1: you stocks or something and you're like, you know, this 612 00:31:49,280 --> 00:31:50,680 Speaker 1: is this is great, but how is it going to 613 00:31:50,720 --> 00:31:53,400 Speaker 1: outperform bitcoin? I'd rather just have more bitcoin and and 614 00:31:53,440 --> 00:31:55,600 Speaker 1: now I hear your voice like echoing in my mind, 615 00:31:56,320 --> 00:31:58,960 Speaker 1: you know, And it's good. It's good, it is. I 616 00:31:59,000 --> 00:32:01,840 Speaker 1: don't I don't want to spend my dollars because I 617 00:32:01,880 --> 00:32:04,080 Speaker 1: know I could just be buying bitcoin with those. So 618 00:32:04,120 --> 00:32:06,080 Speaker 1: when we go to the grocery store, we go to Target. 619 00:32:06,120 --> 00:32:08,600 Speaker 1: I used to be a pretty frivolous spender. Like we 620 00:32:08,680 --> 00:32:11,000 Speaker 1: have a pretty good budget every month, Mike. If whenever 621 00:32:11,080 --> 00:32:13,480 Speaker 1: I'm going to the grocery store with say last my wife, 622 00:32:13,960 --> 00:32:16,720 Speaker 1: I'm getting whatever I want, right, I just throw it 623 00:32:16,760 --> 00:32:18,480 Speaker 1: in the I don't care what it costs, Like I 624 00:32:18,520 --> 00:32:22,280 Speaker 1: like snow crab legs, right, since I I don't get 625 00:32:22,360 --> 00:32:25,480 Speaker 1: hamburger meat now hamburger meat, I don't get much anymore. 626 00:32:26,040 --> 00:32:29,080 Speaker 1: Everything I have goes to the bitcoin. So I'm way 627 00:32:29,120 --> 00:32:32,240 Speaker 1: more of a saver than I've ever been in my life. Well, 628 00:32:32,280 --> 00:32:34,200 Speaker 1: I think when you see, you know, bitcoin has been 629 00:32:34,200 --> 00:32:37,040 Speaker 1: the best performing nasset in history. It's been It's been 630 00:32:37,040 --> 00:32:41,160 Speaker 1: compounded per year, So it's like, shoot, I could I 631 00:32:41,160 --> 00:32:43,800 Speaker 1: could have the crab legs or this, this will be 632 00:32:43,800 --> 00:32:45,800 Speaker 1: worth two or three times as much more money in 633 00:32:45,880 --> 00:32:48,600 Speaker 1: a year from now. And it's like like I could 634 00:32:48,640 --> 00:32:51,600 Speaker 1: go to Tabaroo on a surf trip. But that's fifteen grand, 635 00:32:51,760 --> 00:32:53,760 Speaker 1: or that could be fifty grand next year if I 636 00:32:53,760 --> 00:32:56,680 Speaker 1: put in a bitcoin. Yeah. And you know what's what's 637 00:32:56,760 --> 00:32:58,920 Speaker 1: unique about this, though, is that we're in a time 638 00:32:59,320 --> 00:33:02,760 Speaker 1: period right now where this it's not always going to 639 00:33:02,800 --> 00:33:05,520 Speaker 1: be like this. At some point we're gonna have full 640 00:33:05,560 --> 00:33:09,640 Speaker 1: on adoption where bitcoin correct me if I'm wrong, Whiles, 641 00:33:09,680 --> 00:33:11,520 Speaker 1: I mean, you know better than I do. But we're 642 00:33:11,520 --> 00:33:14,000 Speaker 1: gonna get to a point where where we've gone through 643 00:33:14,040 --> 00:33:16,600 Speaker 1: this long period of adoption, and maybe it takes five 644 00:33:16,720 --> 00:33:19,280 Speaker 1: or ten years or who knows. But then I think 645 00:33:19,720 --> 00:33:22,360 Speaker 1: now that we have money, it behaves more like money, 646 00:33:22,400 --> 00:33:25,120 Speaker 1: and it stops being so volatile, it stops growing so much, 647 00:33:25,800 --> 00:33:30,480 Speaker 1: and uh, I think it becomes more like gold is 648 00:33:30,560 --> 00:33:33,200 Speaker 1: right now kind of like not really, you have to 649 00:33:33,240 --> 00:33:36,000 Speaker 1: think about it like this, So you either have you 650 00:33:36,040 --> 00:33:39,840 Speaker 1: either have scarcity of money or scarcity of assets. So 651 00:33:40,360 --> 00:33:43,120 Speaker 1: right now, we have unlimited amounts of money, so the 652 00:33:43,280 --> 00:33:46,240 Speaker 1: value accrues in the assets. But when we have a 653 00:33:46,280 --> 00:33:50,280 Speaker 1: fixed supply cap of money, but growth and assets continue 654 00:33:50,960 --> 00:33:53,480 Speaker 1: and we have the value of the growth of the 655 00:33:53,560 --> 00:33:57,680 Speaker 1: money goes up. The value of accruing the money bitcoin. 656 00:33:58,040 --> 00:34:00,440 Speaker 1: Bitcoin's price will keep going up because it always going 657 00:34:00,520 --> 00:34:02,320 Speaker 1: to be the money will be divided by the amount 658 00:34:02,320 --> 00:34:05,240 Speaker 1: of assets, and and right now with an um gonna 659 00:34:05,240 --> 00:34:08,160 Speaker 1: supply right the assets go open value. That makes sense. 660 00:34:08,400 --> 00:34:11,360 Speaker 1: The government should like bitcoin as a store of value 661 00:34:11,440 --> 00:34:14,520 Speaker 1: for you know, the cultists like us that UM put 662 00:34:14,520 --> 00:34:18,160 Speaker 1: our money there now because um since they are actively 663 00:34:18,200 --> 00:34:22,160 Speaker 1: gunning for personal property, they'd rather you get out of 664 00:34:22,200 --> 00:34:26,239 Speaker 1: things like um um owning homes in that type of thing, 665 00:34:26,400 --> 00:34:28,600 Speaker 1: So they should feel favorable about bitcoin in that way. 666 00:34:28,640 --> 00:34:33,520 Speaker 1: At least it gets you out of that market. Mm hmm. Yeah, yeah, 667 00:34:33,600 --> 00:34:36,319 Speaker 1: it's interesting. It's like like, you know, humans are just 668 00:34:36,400 --> 00:34:38,360 Speaker 1: we're really bad at imagine in the future because we 669 00:34:38,400 --> 00:34:41,600 Speaker 1: can only imagine better versions of today. But if I 670 00:34:41,600 --> 00:34:44,440 Speaker 1: can imagine a world where we all thought about providing 671 00:34:44,520 --> 00:34:47,439 Speaker 1: value to two people as opposed to trying to take 672 00:34:47,480 --> 00:34:50,319 Speaker 1: take take, you know, I think Kyle, we were talking 673 00:34:50,360 --> 00:34:53,480 Speaker 1: about last week. We're hanging out and how you know, 674 00:34:53,600 --> 00:34:56,560 Speaker 1: all these people are trading cryptocurrencies or trading options on 675 00:34:56,680 --> 00:35:00,080 Speaker 1: robin hood UM and for the first time option is 676 00:35:00,120 --> 00:35:04,000 Speaker 1: are now have exceeded stocks and basically everyone's trading but 677 00:35:04,040 --> 00:35:07,120 Speaker 1: they're not providing any value trading and trading trading, there's 678 00:35:07,120 --> 00:35:09,680 Speaker 1: no value that's being created. And then what they're doing 679 00:35:09,760 --> 00:35:12,640 Speaker 1: is they're increasing their dollar supply, and then they're going 680 00:35:12,719 --> 00:35:16,680 Speaker 1: and trying to buy goods and services from other people. 681 00:35:17,080 --> 00:35:20,440 Speaker 1: And so it's actually it's a net drag on the economy, 682 00:35:21,280 --> 00:35:24,360 Speaker 1: which is bad. I heard this morning. I heard this 683 00:35:24,440 --> 00:35:29,080 Speaker 1: morning that people what was it, five percent of the 684 00:35:29,120 --> 00:35:32,279 Speaker 1: people that quit their jobs. Dude, I can't you know what. 685 00:35:33,080 --> 00:35:35,440 Speaker 1: Maybe I shouldn't even say this, but it's somewhere, you know, 686 00:35:35,480 --> 00:35:37,360 Speaker 1: somebody could look it up. Five percent. I don't, I 687 00:35:37,360 --> 00:35:39,680 Speaker 1: don't know. I heard it on the radio. Five percent 688 00:35:39,719 --> 00:35:43,400 Speaker 1: of the people that quit their jobs. Um, five percent 689 00:35:43,440 --> 00:35:47,920 Speaker 1: of those quit because they're making money in crypto. Yeah, yeah, 690 00:35:48,000 --> 00:35:51,480 Speaker 1: that's the well. And yeah, I saw I saw something similar. 691 00:35:51,920 --> 00:35:53,799 Speaker 1: By the way, you're listening to the Mark Moss Show. 692 00:35:53,880 --> 00:35:57,239 Speaker 1: We're talking about bitcoin, cryptocurrencies and the decentralized revolution. I'm 693 00:35:57,239 --> 00:36:00,000 Speaker 1: in the studio with my good friends Kyle Wonderley, uh 694 00:36:00,000 --> 00:36:03,040 Speaker 1: at Kyle Wonderley and Jessica Vaughan. At. Jessica Vaughn. Look 695 00:36:03,080 --> 00:36:06,120 Speaker 1: us up. I'm one Mark Moss. Send us a message, 696 00:36:06,160 --> 00:36:08,440 Speaker 1: say you heard it on the show. UM, we'll be 697 00:36:08,440 --> 00:36:11,880 Speaker 1: back with more Bitcoin, cryptocurrency and decentralized revolution.