WEBVTT - The Mark Moss Show Apr 01, 2022 0:00:00.040 --> 0:00:02.440 All right, welcome back. You are listening to another episode 0:00:02.440 --> 0:00:04.720 of the Mark mass Show, where we talk about the 0:00:04.800 --> 0:00:07.720 decentralized revolution that is taking place in the world. We're 0:00:07.720 --> 0:00:11.480 talking about bitcoin. We're talking about the intersection of politics, finance, 0:00:11.520 --> 0:00:14.720 and technology and how things are changing right before our 0:00:14.800 --> 0:00:17.400 very eyes, and of course how to navigate them. I'm 0:00:17.760 --> 0:00:20.880 happy to be joined in the studio today with a 0:00:20.920 --> 0:00:25.520 good friend, Corey Clipston. He is the CEO of Swan Bitcoin, 0:00:25.680 --> 0:00:28.320 a place that I like to use, uh, Swan Bitcoin. 0:00:28.440 --> 0:00:31.640 You can find him on Twitter at Corey Clipston. Corey, 0:00:31.640 --> 0:00:33.919 thanks for joining me today. It's great to be here. Mark, 0:00:33.960 --> 0:00:36.720 thanks for having me on again. Yeah. Man, always fun 0:00:36.760 --> 0:00:39.080 to sit down and talk with you. You haven't been 0:00:39.360 --> 0:00:41.440 traveling much in the last year, so I haven't really 0:00:41.479 --> 0:00:45.080 seen you but in person. Yeah, that's been going on 0:00:45.240 --> 0:00:47.840 unfortunately for a little over a year and a half. 0:00:48.080 --> 0:00:51.440 And it's uh, it's not COVID related in in my case, 0:00:51.479 --> 0:00:53.519 it's some family health stuff on the West Coast that 0:00:53.600 --> 0:00:57.440 keeps me keeps me out here. But hopefully I'll get 0:00:57.440 --> 0:00:59.040 back out on the road a bit second half of 0:00:59.080 --> 0:01:02.240 the year. Nice, So I hope, I hope. So, but 0:01:02.640 --> 0:01:04.880 you know, Corey. I love what I love what you've 0:01:04.920 --> 0:01:08.120 done with Swan Bitcoin. Um. One of the things that 0:01:08.160 --> 0:01:10.479 I liked the best. I just I love what you've 0:01:10.480 --> 0:01:12.160 done is like really turned it into kind of like 0:01:12.200 --> 0:01:17.000 this media kind of education company first, um, which is 0:01:17.040 --> 0:01:18.880 such an amazing way, such a great way to bring 0:01:18.920 --> 0:01:23.520 people in, but it's also just this public good as well. Um. 0:01:23.760 --> 0:01:25.399 Was that was that done intentionally or was that just 0:01:25.440 --> 0:01:28.720 kind of like organically? Uh No, it was very intentional. 0:01:28.920 --> 0:01:30.880 That's kind of you know, you got to play to 0:01:30.920 --> 0:01:32.920 your strengths. And that's something that I actually know how 0:01:32.959 --> 0:01:37.880 to do. I don't code, but I do media. Yeah. 0:01:38.120 --> 0:01:40.880 Uh yeah, building building media businesses. And you know, I 0:01:40.920 --> 0:01:44.000 was a broadcast journalist over twenty years ago. When I 0:01:44.120 --> 0:01:46.400 started my career, I was a local NBC TV reporter. 0:01:46.560 --> 0:01:50.200 So yeah, so long before I got into you know, 0:01:50.280 --> 0:01:53.360 B school and then Silicon Valley and Bitcoin. Uh that 0:01:53.520 --> 0:01:57.120 was the beginning. So it's been very natural. Uh. And 0:01:57.480 --> 0:02:01.880 I love brands that put out of content, and I 0:02:01.960 --> 0:02:05.640 love brands that think of themselves as media companies. Um. 0:02:05.680 --> 0:02:07.760 There's a little bit more to it, because I think 0:02:07.800 --> 0:02:10.160 the media is just like one of the products we do. 0:02:10.200 --> 0:02:12.480 We kind of have a um a philosophy of product 0:02:12.520 --> 0:02:16.560 lead acquisition. So customer acquisition for Swan is by building 0:02:16.600 --> 0:02:18.960 products that people use, and some of those people end 0:02:19.040 --> 0:02:22.680 up using Swan and buying bitcoin from us. So bitcoin 0:02:22.760 --> 0:02:25.680 or Jobs is a great example of that too, right, Like, 0:02:25.760 --> 0:02:28.200 that's a site that I built that we ended up 0:02:28.280 --> 0:02:32.280 rolling into Swan and we have you know, a hundred 0:02:32.960 --> 0:02:36.360 bitcoin companies around the world that lists jobs there. But 0:02:36.520 --> 0:02:38.600 each one of those is now a connection. They can 0:02:38.720 --> 0:02:40.720 be part of, you know, the Bitcoin Benefit Plan and 0:02:40.760 --> 0:02:43.600 pay their employees and bitcoin through us. They can be 0:02:43.720 --> 0:02:45.919 integration partners and we can turn it on and light 0:02:45.960 --> 0:02:48.399 it up so that there there people can buy bitcoin 0:02:48.919 --> 0:02:52.080 through their app or through their site using Swan. So 0:02:52.120 --> 0:02:54.840 it's just kind of kind of being being everywhere, always 0:02:54.880 --> 0:02:57.040 throwing the party. That's kind of the vibe and media 0:02:57.040 --> 0:03:01.480 as they gotta throw the party. Mark I like that. 0:03:01.720 --> 0:03:03.360 Um let's talk about that for a second. So the 0:03:03.360 --> 0:03:05.600 bitcoin er jobs, so that's like a big job board. 0:03:05.600 --> 0:03:08.320 You said a hundred and forty five companies are listing 0:03:08.400 --> 0:03:13.000 jobs on there. Yeah, that's amazing. Yeah is that? And 0:03:13.000 --> 0:03:15.760 and and nash app just joined uh this week. So 0:03:15.840 --> 0:03:19.920 cash app is listening their jobs on Bitcoiner jobs as well. Wow, 0:03:20.120 --> 0:03:22.920 And and is that like only for like couders and programmers. 0:03:23.000 --> 0:03:24.640 Is that for like anybody who wants to work just 0:03:24.680 --> 0:03:26.680 in the bitcoin space at all. Yeah, it's it's for 0:03:26.720 --> 0:03:28.639 anybody who wants to work in bitcoin. And you can 0:03:28.680 --> 0:03:32.800 also post profile on bitcoiner jobs and let people browse it. 0:03:32.840 --> 0:03:36.040 So there's over a thousand candidate profiles on there as well, 0:03:36.160 --> 0:03:38.400 and you can post an anonymized profile. So if you 0:03:38.440 --> 0:03:40.960 have a job and you're at like Goldman Sacks or 0:03:41.000 --> 0:03:42.520 something and you don't want to tip your hand that 0:03:42.560 --> 0:03:44.880 you're looking to leave, you can post an anonymized profile 0:03:44.880 --> 0:03:48.400 and let the bitcoiners check you out. So, um, if 0:03:48.440 --> 0:03:51.120 I was an accountant or a graphic designer, but I 0:03:51.160 --> 0:03:53.160 would just like to be in the bitcoin space, I mean, 0:03:53.200 --> 0:03:56.120 there's potentially jobs in there for me in there. Yeah, 0:03:56.200 --> 0:03:59.800 So this is a full time jobs marketplace essentially, where 0:03:59.840 --> 0:04:02.880 also going to be launching a services marketplace for people 0:04:02.920 --> 0:04:04.920 that want to, you know, essentially be an accountant or 0:04:04.920 --> 0:04:08.520 a personal trainer or you know, whatever it is, financial advisor, 0:04:08.560 --> 0:04:11.480 and you'll be able to post your services. So essentially, 0:04:12.360 --> 0:04:14.000 you know, whatever whatever it is. But I might I 0:04:14.080 --> 0:04:16.000 might want to be a full time accountant though, right 0:04:16.040 --> 0:04:18.760 for exactly for sure, so that those jobs are up 0:04:18.800 --> 0:04:20.719 all the time. We just hired we just hired a 0:04:20.720 --> 0:04:25.240 senior accountant to the site. Uh last week actually, okay, yeah, 0:04:25.240 --> 0:04:27.480 I just trying to clarify that for people that are listening. 0:04:27.680 --> 0:04:29.360 I think, um, one thing that I've learned it was, 0:04:29.400 --> 0:04:32.400 actually it's probably about a decade ago. I had this 0:04:32.440 --> 0:04:34.560 a Fortune one consultant that I had hired to help 0:04:34.600 --> 0:04:36.480 me scale this business. And we're scaling it pretty fast, 0:04:36.800 --> 0:04:38.880 and I turned it turned into a nightmare. I hated 0:04:38.880 --> 0:04:41.160 the business. And uh. He sat me down with a 0:04:41.160 --> 0:04:44.279 piece of paper and he drew drew circles. He's like, uh, 0:04:44.600 --> 0:04:46.960 here's your customers on a scale one to ten. Hire customers. 0:04:47.000 --> 0:04:48.480 And here's the media on a scale one to ten. 0:04:48.560 --> 0:04:50.919 And here's the regulations and all these things. And it 0:04:50.960 --> 0:04:53.000 was like it was like a one or two or 0:04:53.040 --> 0:04:54.960 three a one. And then he's like put me in 0:04:55.000 --> 0:04:57.039 the middle, like you're in the middle. And he said, 0:04:57.040 --> 0:04:59.880 in order to be great in business, you must be 0:05:00.120 --> 0:05:03.640 first in a great business. And he's like, you're in 0:05:03.680 --> 0:05:05.560 a horrible business. And I was like, shoot, you're right, 0:05:05.600 --> 0:05:08.280 and I had I left that business. But um, the 0:05:08.680 --> 0:05:13.159 bitcoin industry is an area that's growing rapidly. And um, 0:05:13.200 --> 0:05:15.440 I mean if somebody's looking for something exciting to do, 0:05:15.640 --> 0:05:18.240 some long term job security, uh, it seems like a 0:05:18.240 --> 0:05:19.800 pretty good place to be. So it's nice to know 0:05:19.880 --> 0:05:23.080 that whether you're in accounting or graphic design or a coder, 0:05:23.160 --> 0:05:25.560 maybe that's a good place to go. Yeah, I think 0:05:25.600 --> 0:05:27.160 that's right. And I think you just got to look 0:05:27.200 --> 0:05:29.560 at the number of people that we expect to be 0:05:29.680 --> 0:05:32.680 in the bitcoin over time, right, and if you could 0:05:32.720 --> 0:05:35.080 get in early on something and spot a trend and 0:05:35.120 --> 0:05:37.760 be one of those first people. You know, I think 0:05:37.760 --> 0:05:39.680 of people that got into health food in the eighties 0:05:39.760 --> 0:05:42.760 or nineties, like they're all doing well. You know, if 0:05:42.800 --> 0:05:46.320 you got into like Paleo, cross fit, quantified self stuff, 0:05:46.360 --> 0:05:49.400 you know, twelve fifteen years ago. Everyone who got into 0:05:49.440 --> 0:05:52.440 that back then and just made the network connections early 0:05:52.520 --> 0:05:55.360 and started adding value and figuring out you know, they 0:05:55.400 --> 0:05:57.520 just ended up with equity stakes and different things, or 0:05:57.560 --> 0:05:59.720 they took three swings and their third one took off, 0:05:59.760 --> 0:06:02.720 and you know, your third try was in fourteen, So 0:06:02.760 --> 0:06:04.640 now you're eight years into the one that's working and 0:06:04.680 --> 0:06:07.440 you're doing fine, right, So bitcoin is like that, it's 0:06:07.480 --> 0:06:10.600 just this massive tidal wave of adoption that's happening. It's 0:06:10.640 --> 0:06:13.479 still super early, and you have a better chance of 0:06:13.480 --> 0:06:17.000 succeeding at that than you would going into some totally 0:06:17.040 --> 0:06:21.880 saturated market. What about um? What about what about like coding, 0:06:21.960 --> 0:06:25.040 like people that can actually write UM code for bitcoin 0:06:25.120 --> 0:06:28.400 or design applications that can work on bitcoin because bitcoin 0:06:28.520 --> 0:06:30.840 is open source, so anybody could technically go kind of 0:06:30.880 --> 0:06:33.440 start building on top of it or with lightning? Do 0:06:33.480 --> 0:06:36.520 you think, um, do you think that that's something that 0:06:36.640 --> 0:06:39.760 maybe the market is maybe sleeping on a little bit 0:06:39.800 --> 0:06:43.160 and that maybe very quickly the industry might find themselves 0:06:43.200 --> 0:06:46.400 short on actual people that can build on that. Yeah, 0:06:46.440 --> 0:06:50.119 that's reasonable to assume that, uh, there are not enough 0:06:50.360 --> 0:06:53.880 lightning developers today that more people should be fascile with 0:06:53.920 --> 0:06:57.919 that technology. And you know, you can use I mean, gosh, 0:06:57.920 --> 0:07:01.400 we probably use twelve different languages at SWAN for different 0:07:01.760 --> 0:07:04.800 aspects of the business in the system, right, so you know, 0:07:04.839 --> 0:07:07.039 whatever you know is going to be useful, and good 0:07:07.080 --> 0:07:09.359 engineers can always pick up a new language anyway in 0:07:09.360 --> 0:07:11.680 a week or two. So, UM, I don't know if 0:07:11.680 --> 0:07:14.720 it's necessarily like deep experience with one kind of language. 0:07:14.720 --> 0:07:17.040 It's more just like an engineering mindset and and some 0:07:17.120 --> 0:07:21.440 real experience with with building products. That's good to know. Yeah, 0:07:21.480 --> 0:07:23.920 I mean, just it's just curious just to add you know, 0:07:24.000 --> 0:07:26.000 you you're obviously in that, and so you kind of 0:07:26.040 --> 0:07:27.920 have some insights and I know, you know something I'm 0:07:27.920 --> 0:07:30.520 talking about with this decentralized revolution. I mean, the world's 0:07:30.600 --> 0:07:34.800 changing really fast. Um, we know that, you know. Unfortunately, 0:07:34.840 --> 0:07:37.400 it looks like gas prices and food prices are are 0:07:37.480 --> 0:07:39.800 going up and not coming back down, and people need 0:07:39.840 --> 0:07:41.280 to be prepared for that, and so you want to 0:07:41.400 --> 0:07:43.760 you know, certain jobs will be phased out and and 0:07:43.800 --> 0:07:46.120 some others will grow. So anyway, for those people that 0:07:46.160 --> 0:07:48.360 are listening, I think, uh, you need to take those 0:07:48.400 --> 0:07:50.680 things into consideration prepare for that. And one of those 0:07:50.760 --> 0:07:53.160 might be developing some skills or getting a job in 0:07:53.200 --> 0:07:55.240 an area or an industry that you think would continue 0:07:55.240 --> 0:07:56.960 to grow. And so as I was just kind of 0:07:56.960 --> 0:08:00.080 getting near insights into that. Yeah, absolutely, And I'm and 0:08:00.160 --> 0:08:06.240 I think um reading Mastering Bitcoin, uh dated book now 0:08:06.360 --> 0:08:08.320 six seven years old, but the code base is basically 0:08:08.360 --> 0:08:10.320 the same. But that's by Andreas and Sinopolis. So that's 0:08:10.360 --> 0:08:13.000 a good place to start. And then um, maybe check 0:08:13.000 --> 0:08:16.680 out resources around Jimmie Song's work programming blockchain, which is 0:08:16.720 --> 0:08:19.080 all about the bitcoin blockchain. But I think those are 0:08:19.080 --> 0:08:21.880 good good places to get rolling if you're interested in 0:08:21.920 --> 0:08:24.840 the space as a coder, yeah, or just if you 0:08:24.880 --> 0:08:27.520 want to be even an accountant or a personal trainer 0:08:27.840 --> 0:08:29.800 or something like that in the space, just because you 0:08:29.800 --> 0:08:32.079 want to position yourself in a good business and you 0:08:32.120 --> 0:08:35.200 want to position yourself into an industry that's growing and 0:08:35.240 --> 0:08:38.760 so um, even if it's not coded and related, you know, 0:08:38.800 --> 0:08:41.880 at least you'll still be in the industry. Um U, 0:08:42.080 --> 0:08:44.199 that's that's growing anyway. So I think that I think 0:08:44.240 --> 0:08:45.920 that sounds good. I want to get into a lot 0:08:45.920 --> 0:08:47.320 more stuff with you. There was a tweet that you 0:08:47.360 --> 0:08:51.280 recently put up about E S G and energy. Um. 0:08:51.440 --> 0:08:53.839 I also want to talk about investing the bitcoin. Also 0:08:53.880 --> 0:08:57.000 know that you run an investment fund as well. UM, 0:08:57.120 --> 0:08:58.600 So there's a there's a there's a lot that I 0:08:58.600 --> 0:09:00.960 want to dig into with you. When we come back 0:09:01.320 --> 0:09:03.320 and you're listening to the Mark Mo Show, we're talking 0:09:03.360 --> 0:09:06.280 about bitcoin. We're talking about the decentralized Revolution, we're talking 0:09:06.280 --> 0:09:09.840 about the intersection of politics, finance, and technology. I'm in 0:09:09.840 --> 0:09:13.559 the studio with Corey Clipston. He's the CEO of Swan Bitcoin. 0:09:14.000 --> 0:09:16.280 I want to dig into some energy stuff with him 0:09:16.320 --> 0:09:18.840 and some investing stuff with him. We've got a lot 0:09:18.920 --> 0:09:21.520 to cover, so do not go away. I'll be right back. 0:09:22.120 --> 0:09:24.040 All right, Welcome back. You are listening to the Mark 0:09:24.160 --> 0:09:27.400 Mass Show. We're talking about the decentralized Revolution. We're talking 0:09:27.400 --> 0:09:29.599 about bitcoin, and I am in the studio with a 0:09:30.000 --> 0:09:33.319 good friend, Corey Clipston. He's the CEO of Swan Bitcoin, 0:09:34.160 --> 0:09:37.400 and they make it easy to get bitcoin um, especially 0:09:37.440 --> 0:09:39.959 if the dollar cost average into it. Um. Anyway, Corey, 0:09:40.160 --> 0:09:42.079 before the break, we were kind of talking about getting 0:09:42.160 --> 0:09:44.320 jobs in bitcoin. I like that, UM, but I want 0:09:44.320 --> 0:09:46.839 to kind of transition into something else, you would. Uh. 0:09:46.920 --> 0:09:48.880 One thing that I've been talking a lot about lately, 0:09:48.920 --> 0:09:50.920 I think everybody's in paying attention to it is you know, 0:09:50.960 --> 0:09:54.640 oil prices have gone crazy, um, Gas prices have gone crazy. UM. 0:09:54.720 --> 0:09:56.880 We have this whole Russia Ukraine thing that's going on 0:09:56.880 --> 0:10:00.839 that's disrupting all of that. And m it seems like 0:10:01.440 --> 0:10:03.520 I've been having these big epiphanies. I talked about in 0:10:03.520 --> 0:10:06.240 the first hour. But the world's kind of transitioning off 0:10:06.280 --> 0:10:08.959 of this fiat system and kind of been thrust back 0:10:08.960 --> 0:10:12.840 into this commodity based system. And um, we're finding that 0:10:13.000 --> 0:10:16.000 energy it's at the base of you and I aren't 0:10:16.000 --> 0:10:17.640 finding but the world is starting to find that energy 0:10:17.720 --> 0:10:20.280 sits at the base of all that. And it's interesting 0:10:20.280 --> 0:10:23.000 because the United States are really the West United States, 0:10:23.000 --> 0:10:25.400 Canada and Western Europe have been trying to do their 0:10:25.400 --> 0:10:28.839 best to destroy their own energy. And you put out 0:10:28.840 --> 0:10:30.720 a tweet and you said, over the next decade, E 0:10:30.880 --> 0:10:33.319 s G proponents like Larry Fink of Black Rock and 0:10:33.360 --> 0:10:35.600 the World I coming for him, will walk back almost 0:10:35.600 --> 0:10:38.840 everything they've pushed for. They love natural gas because it's 0:10:38.920 --> 0:10:42.800 natural and coal uh and fun studies showing wind solar 0:10:42.840 --> 0:10:46.800 can never be enough. Talk about that tweet that was 0:10:47.200 --> 0:10:50.880 That was February. That's when out it was. It was 0:10:51.000 --> 0:10:54.599 right after the that was the day. That was the 0:10:54.679 --> 0:10:57.080 day I think, yeah, it was it was the day. 0:10:57.360 --> 0:10:59.280 That was the day I talked about that date earlier. 0:10:59.320 --> 0:11:03.320 That's the day at the US basically froze us UM 0:11:03.320 --> 0:11:08.120 sorry Russia's FX reserves. That was March second. That's the 0:11:08.240 --> 0:11:11.760 night that Zoltar sent out his note that was March second. 0:11:11.760 --> 0:11:14.080 But yeah, the week before, I think was when the 0:11:14.120 --> 0:11:17.920 tanks rolled in and it became really obvious, like you know, 0:11:17.920 --> 0:11:19.960 and so the so the follow on. The funny thing is, 0:11:20.520 --> 0:11:24.079 um Fink went on CNBC this morning or I think CNN. 0:11:24.120 --> 0:11:27.480 Actually actually it looks like it was Fox Business, but 0:11:27.640 --> 0:11:31.319 CNN ran the clip and said energy security has joined 0:11:31.520 --> 0:11:36.439 the energy transition, meaning green energy stuff as top global priority. 0:11:36.800 --> 0:11:40.080 And it's like, well, no, it was always energy security 0:11:40.080 --> 0:11:43.360 has always been the top priority. You know. I'm I'm 0:11:43.440 --> 0:11:45.960 on record as saying the only thing that's more important 0:11:45.960 --> 0:11:48.000 than bitcoin and will be more important than bitcoin in 0:11:48.000 --> 0:11:51.400 the future, is energy itself. Right, Bitcoin is like the 0:11:51.440 --> 0:11:53.760 nearest proxy for that. It's it's a sort of energy 0:11:53.800 --> 0:11:58.199 based commodity, um and time based commodity. But um yeah, 0:11:58.240 --> 0:12:00.800 we're all gonna we're all gonna have to get real 0:12:01.559 --> 0:12:05.040 over the next decade or two, and we're gonna understand, uh, 0:12:05.800 --> 0:12:09.520 you know, the Fiat system allowed us to play these 0:12:09.559 --> 0:12:12.760 games that were based on ideology and not reality, and 0:12:12.800 --> 0:12:15.320 now we're getting back to a reality based monetary system. 0:12:15.520 --> 0:12:18.520 Even if Bitcoin wasn't around, it's already moving toward a 0:12:18.559 --> 0:12:22.319 reality based monetary system. It's moving to commodity money or 0:12:22.640 --> 0:12:25.440 outside money, as our friends from Credit Squeeze talks about it, 0:12:25.480 --> 0:12:28.839 inside money versus outside money. That's where we're headed. Yeah, 0:12:28.880 --> 0:12:31.680 I think, Um, you know, I've used an analogy just 0:12:31.760 --> 0:12:33.840 to kind of role play things on videos and stuff before, 0:12:33.880 --> 0:12:35.959 where if I was on a deserted island with a 0:12:36.000 --> 0:12:38.040 billion dollars of cash, a billion dollars of gold, or 0:12:38.040 --> 0:12:41.800 a billion dollars worth of bitcoin, it's all worthless. Bitcoin 0:12:41.880 --> 0:12:43.840 is just as worthless as the gold in cash unless 0:12:43.920 --> 0:12:47.960 I have goods and services to acquire with that. So, bitcoin, golden, 0:12:48.120 --> 0:12:50.760 and cash are all just mediums of exchange, right, and 0:12:50.800 --> 0:12:53.520 so really it's goods and services that are wealth. And 0:12:53.600 --> 0:12:57.120 it starts with energy. So the wealth of a nation 0:12:57.200 --> 0:13:01.320 has always been off of the energy. And so you know, 0:13:01.360 --> 0:13:04.480 the really it was one of the technological revolution, one 0:13:04.480 --> 0:13:06.760 of the five technological revolutions in last two or fifty years, 0:13:06.760 --> 0:13:10.280 which was oil in like eight, which was here in 0:13:10.280 --> 0:13:12.880 the United States. The United States led that Saudi Arabia 0:13:12.880 --> 0:13:15.080 didn't get oil until like the forties and really not 0:13:15.120 --> 0:13:18.199 until like the sixties and seventies. Um, but it's always 0:13:18.200 --> 0:13:20.560 been that oil and back to you know, bitcoin is 0:13:20.559 --> 0:13:24.000 is important, but to your point, it's all about the 0:13:24.120 --> 0:13:27.400 energy and um, you know, it seems like the United 0:13:27.440 --> 0:13:30.160 States is doing their best to get rid of the 0:13:30.320 --> 0:13:34.560 energy through these E s G narratives. Do you think 0:13:34.640 --> 0:13:38.000 that was just um, because they've been living in this 0:13:38.080 --> 0:13:40.240 false sense of reality because of FIAT for so long 0:13:40.280 --> 0:13:42.360 they haven't realized it. Or do you think there's something 0:13:42.400 --> 0:13:45.800 else going on? Um, it's a big part of it. Um. 0:13:45.840 --> 0:13:47.400 But then a lot of it just comes back to 0:13:47.440 --> 0:13:51.880 sort of like the maenthusisan bent that remains in a 0:13:51.920 --> 0:13:54.640 wide swath of the political spectrum in the U. S 0:13:54.679 --> 0:13:57.400 which is just sort of anti progress and sort of 0:13:57.600 --> 0:14:01.320 anti humanist. Really, it's it's just this whole idea of 0:14:01.720 --> 0:14:04.480 you know, nature is pristine and not realizing that humans 0:14:04.480 --> 0:14:08.320 have shaped nature since humans existed, Right, So I think 0:14:08.320 --> 0:14:13.720 it's just it's just wrong headed. Unfortunately, Yeah, yeah, it, 0:14:13.920 --> 0:14:16.280 I mean it is wrong. I guess, uh, it just 0:14:17.440 --> 0:14:19.400 when you look at like what's going on today. So 0:14:19.440 --> 0:14:22.680 now you know, we have they're trying to sanction Russia. 0:14:22.840 --> 0:14:25.080 Russia's supplying you know, a good amount of oil and 0:14:25.200 --> 0:14:27.640 energy for the world, um and then you have you know, 0:14:27.720 --> 0:14:30.920 Biden going on and basically begging you know, other nations 0:14:30.960 --> 0:14:33.880 to get energy from them, like Iran, and like maybe 0:14:33.880 --> 0:14:36.960 in exchange for giving them oil, we have to and 0:14:37.000 --> 0:14:38.760 giving them billions of dollars for their oil. Then we 0:14:38.800 --> 0:14:41.160 have to also let them get their nuclear program back 0:14:41.160 --> 0:14:44.120 on board, when we could just create more jobs in 0:14:44.120 --> 0:14:46.080 the US and just turn it back on here. And 0:14:46.120 --> 0:14:49.480 it's like, why would they do that? Yeah, I mean 0:14:49.520 --> 0:14:51.920 we don't in the US. We don't need any of 0:14:51.920 --> 0:14:54.440 the Venezuelan oil or the Iranian oil or any of 0:14:54.440 --> 0:14:57.240 that um or even more Saudi oil. We're fine. We're 0:14:57.360 --> 0:14:59.760 energy sufficient. Essentially. All you'd have to do is just 0:14:59.800 --> 0:15:01.480 turn on a few things that we've turned off and 0:15:01.800 --> 0:15:04.760 we're just fine. It's much more a sort of a 0:15:04.800 --> 0:15:07.080 game of politics and trying to make sure that Western 0:15:07.080 --> 0:15:10.720 Europe can be supplied, uh, knowing that a lot of 0:15:10.800 --> 0:15:13.080 the Russian supply is going offline. It's not going to 0:15:13.160 --> 0:15:15.360 be enough though, that's the end of the day. Like 0:15:15.440 --> 0:15:21.840 it doesn't matter. It's just honestly, it's just political wallpaper 0:15:22.160 --> 0:15:24.680 talking to Iran about stuff like this. They can't bring 0:15:24.800 --> 0:15:27.920 enough supply online. Nothing close to it to offset what 0:15:27.720 --> 0:15:30.120 with what the western European nations are gonna lose from 0:15:30.120 --> 0:15:33.840 Germany or from from Russia. Yeah, yeah, I saw. I 0:15:33.880 --> 0:15:36.640 was doing some research, um early this morning too, because 0:15:36.720 --> 0:15:39.040 I mean, I'm I've been investing in the energy for 0:15:39.120 --> 0:15:40.800 a long time. I'm I'm I'm a g P and 0:15:40.840 --> 0:15:43.280 an oil field here in the in the US. UM, 0:15:43.280 --> 0:15:44.600 So I know a little bit about it, but I 0:15:44.600 --> 0:15:48.400 don't know. I'm not an expert by any means. UM. 0:15:48.440 --> 0:15:50.200 And I was listening to somebody and they're talking about 0:15:50.200 --> 0:15:52.520 how the US has peaked out in its energy. But 0:15:52.600 --> 0:15:54.920 the you kind of talked about this enthusiasan fear spell 0:15:55.040 --> 0:15:57.760 and the whole world operated on the theory called peak energy, 0:15:57.800 --> 0:15:59.920 meaning that they thought by the year they thought the 0:16:00.080 --> 0:16:02.120 world would run out of oil. But in two thousand 0:16:02.080 --> 0:16:04.800 and eight, the private market came up with a new 0:16:04.840 --> 0:16:07.280 technology called fracking, and then we found out we had 0:16:07.320 --> 0:16:09.840 all this energy. And now some people are saying that 0:16:09.880 --> 0:16:12.960 maybe the US is maxed out and that we we've 0:16:13.040 --> 0:16:16.200 kind of hit the point of no more energy again. UM. 0:16:16.200 --> 0:16:18.800 But I just think again, like, well no, because technology 0:16:18.840 --> 0:16:22.120 is always going to improve. Um. But when you have 0:16:22.160 --> 0:16:26.400 the United States basically telling oil company is gonna go bankrupt. Uh, 0:16:26.440 --> 0:16:28.160 they're probably not gonna want to invest into that new 0:16:28.160 --> 0:16:31.960 technology too much. So, Uh, what do you think it happens. 0:16:32.880 --> 0:16:35.440 I think the market sorts it out. Market sorts at 0:16:35.720 --> 0:16:38.520 getting a big smack in the face right now. And 0:16:38.960 --> 0:16:42.400 you know, the biggest proponent of E s G narratives 0:16:42.400 --> 0:16:45.560 for the last six seven years was Larry Fink, the 0:16:45.640 --> 0:16:49.720 head of the world's largest asset manager, and he took 0:16:49.760 --> 0:16:53.280 him what less than a month to turn around when 0:16:53.640 --> 0:16:56.040 when reality smacks you in the face, they're not going 0:16:56.080 --> 0:16:59.880 to try to turn off fossil fuels anymore. Yeah, well, 0:17:00.120 --> 0:17:02.320 you're absolutely right. And also another thing he pivoted on 0:17:02.360 --> 0:17:04.600 this week was, Uh, they came out and announced that 0:17:04.680 --> 0:17:08.160 they were going to move into bitcoin and cryptocurrencies, and 0:17:08.320 --> 0:17:10.800 just in July of last year he said they weren't 0:17:10.800 --> 0:17:14.120 considering it because there was no appetite for it, and then, um, 0:17:14.160 --> 0:17:17.959 just this week he said that due to investor demand, 0:17:18.200 --> 0:17:19.520 they're going to get into it. So that's a pretty 0:17:19.560 --> 0:17:21.880 big pivot in less than a year, um, from the 0:17:21.880 --> 0:17:25.960 world's largest asset manager. As you said, they've just so 0:17:26.119 --> 0:17:30.119 by the way they've they've had a large blockchain group 0:17:30.200 --> 0:17:33.959 that's cross functional, including full time employees for over two years. 0:17:34.000 --> 0:17:36.960 And most of the people who run that are actually 0:17:37.200 --> 0:17:40.959 essentially bitcoin maximalists that have to say blockchain internally just 0:17:41.000 --> 0:17:43.960 to kind of be nice. But I've spoken to their 0:17:44.000 --> 0:17:48.320 group on like internal internal black rock meetings and stuff 0:17:48.359 --> 0:17:52.120 like that, and yeah, they definitely they will be there. Yeah, 0:17:52.480 --> 0:17:54.360 you're listening to the Mark Moas Show. I'm sitting down 0:17:54.359 --> 0:17:56.880 in the studio with Corey Clipston from Swan Bitcoin. We're 0:17:56.880 --> 0:17:59.520 talking about bitcoin. Of course, I got a lot more 0:17:59.560 --> 0:18:01.320 to dig in too with him when we come back, 0:18:01.359 --> 0:18:04.159 So do not go away, all right, Welcome back. You 0:18:04.200 --> 0:18:06.600 are listening to the Mark mo Show. We're talking about 0:18:06.800 --> 0:18:09.720 the decentralized revolution that the world is going through right now. 0:18:09.760 --> 0:18:13.240 We're talking about the collision of politics, finance and technology. 0:18:13.280 --> 0:18:15.920 Of course we're talking about bitcoin. I'm in the studio 0:18:16.040 --> 0:18:20.440 with Corey Clipston. He is the CEO of Swan Bitcoin, 0:18:21.280 --> 0:18:24.159 and um, we're talking about jobs in bitcoin. That was 0:18:24.160 --> 0:18:26.600 pretty big. We were just talking about this energy component 0:18:26.680 --> 0:18:29.560 of it of of what the world is going through 0:18:29.600 --> 0:18:33.560 and and bitcoin. There another thing Corey I was I 0:18:33.640 --> 0:18:36.399 was talking to so I had a conversation with Luke Grahman, 0:18:36.440 --> 0:18:38.200 who has been doing a lot of good research, and 0:18:38.240 --> 0:18:41.280 then I had another conversation with U with Jeff Booth, 0:18:41.680 --> 0:18:44.320 and I was kind of thinking these things through, and 0:18:44.320 --> 0:18:48.399 I kind of had this epiphany this morning, which I 0:18:48.440 --> 0:18:50.040 hate to say it epiphany because you and I think 0:18:50.040 --> 0:18:52.600 about the things all the time. But like the whole world. 0:18:52.880 --> 0:18:56.280 You referenced a letter from Zoltan sultan Um about the 0:18:56.320 --> 0:18:58.919 world kind of being thrust into this new financial system, 0:18:59.240 --> 0:19:02.280 which is a commodity based system. And so we've seen 0:19:02.359 --> 0:19:04.520 over the last several years the world has been um 0:19:04.640 --> 0:19:07.840 net buyers of gold and net sellers of treasury, so 0:19:07.880 --> 0:19:10.840 they've been transitioning off of this fiat treasury system and 0:19:10.840 --> 0:19:13.640 into a gold system. But then we have this situation 0:19:13.680 --> 0:19:17.680 where the U S c's to Russia's treasuries. Um, there's 0:19:17.800 --> 0:19:21.480 U S. Senators calling for a seas of their gold 0:19:22.160 --> 0:19:25.840 and sanctioning their gold. We saw the UK stole Venezuela's 0:19:25.840 --> 0:19:28.480 gold dirty one tons, about two billion dollars worth, and 0:19:28.560 --> 0:19:31.399 so like we've really seen a breakdown of trust altogether. 0:19:31.720 --> 0:19:34.360 And if everyone's gonna go back to this gold back system, 0:19:34.359 --> 0:19:37.199