WEBVTT - The Mark Moss Show Mar 11, 2022

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<v Speaker 1>Hey, everyone, welcome back to another episode of the Markma

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<v Speaker 1>Show where we talk about politics, finance, technology. We talked

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<v Speaker 1>about the decentralized revolution. Of course we're talking about bitcoin.

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<v Speaker 1>I'm joined in the studio today by Dennis Porter. He's

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<v Speaker 1>a political advocate. He's the host of the podcast called

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<v Speaker 1>Smart People Beep. I can't say that because we're on radio.

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<v Speaker 1>I think you can fill in the blank there. Um. Anyway,

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<v Speaker 1>you can find them on Twitter at Dennis Underscore Porter

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<v Speaker 1>Underscore A little bit tough anyway, Dennis, thanks so much

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<v Speaker 1>for joining me in the studio today. Pumped to be

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<v Speaker 1>here with you, Mark, Um, I'm ready to get into

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<v Speaker 1>it today. Nice. Nice. You know, Um, you know, the

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<v Speaker 1>decentralized Revolution. I talk a lot about how technology changes

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<v Speaker 1>the world. It changes the way that we communicate, change

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<v Speaker 1>the way that we organized, and so that's what really,

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<v Speaker 1>you know, creates all these shifts as you go back

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<v Speaker 1>through thousands of years of history. Um, and this decentralized

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<v Speaker 1>revolution is a big piece of it. You know. Bitcoin

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<v Speaker 1>is like a thread that weaves through every area of society,

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<v Speaker 1>and so for each of us a kind of attaches

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<v Speaker 1>to us a little bit differently. For myself, it's kind

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<v Speaker 1>of like the historical narrative side of monetary um and

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<v Speaker 1>it's and it's and it's like politics. So I kind

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<v Speaker 1>of like the politics and the and the history side

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<v Speaker 1>UM and so that's what I tend to talk about

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<v Speaker 1>in regards to bitcoin and UM. You two. It seems like, right,

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<v Speaker 1>you're you like to kind of focus on it from

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<v Speaker 1>like the political side. Yeah. Absolutely. When I first jumped in,

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<v Speaker 1>you know, I think I got into it for the

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<v Speaker 1>you know, fix the money, fixed the world aspect, like

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<v Speaker 1>we all did, you know, number go up was great,

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<v Speaker 1>But eventually I started to really hyper focus on the

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<v Speaker 1>impact that bitcoin would have politically across the United States

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<v Speaker 1>and across the globe. I have a small background in politics,

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<v Speaker 1>so you know, I've helped I was trained as a

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<v Speaker 1>campaign manager. I ran several campaigns, did some behind the

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<v Speaker 1>scenes work, UM did some opposites and research. Helped four

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<v Speaker 1>candidates win their primaries. Hoping to get my fifth this

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<v Speaker 1>year as well, to be five for five. But I

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<v Speaker 1>just really see that the United States could significantly benefit

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<v Speaker 1>from a more popular bitcoin approach from the political spectrum.

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<v Speaker 1>So just fighting every day to make sure that we

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<v Speaker 1>are part of the future instead of the past when

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<v Speaker 1>it comes to bitcoin in America. Yeah, I know, you

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<v Speaker 1>and I we traded quite a few messages on Twitter,

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<v Speaker 1>like a week ago or whatever talking about that, and

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<v Speaker 1>I think I made the statement that it's, uh, it's

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<v Speaker 1>really anti I see it as like, uh, some people

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<v Speaker 1>call it a political, almost calling it like anti political. Um,

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<v Speaker 1>it's neutral. I mean it's a it's a protocol. Right.

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<v Speaker 1>It's like saying, like a screw driver's political. Right. If

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<v Speaker 1>I stabbed the right wing person, then it's a left

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<v Speaker 1>wing tool, and if I stabbed the left wing person

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<v Speaker 1>as the right wing tool. Um, I look at it

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<v Speaker 1>as a political anti political. Uh. You don't necessarily agree

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<v Speaker 1>with that kind of give me your your thought process

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<v Speaker 1>on that to this. You know, in some ways we agree, Mark,

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<v Speaker 1>I really agree with this idea that bitcoin is a

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<v Speaker 1>political I don't think it has sides. I don't think

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<v Speaker 1>it associates with one party in particular. I'm more so

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<v Speaker 1>see it as a tool. But as a tool, we're

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<v Speaker 1>going to see it have massive implications or massive a

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<v Speaker 1>massive impact on politics. We can already see the way

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<v Speaker 1>that it's impacting the mid terms, and I think it

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<v Speaker 1>will go on to continue to be a major issue

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<v Speaker 1>in American politics today. I think that, you know, essentially,

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<v Speaker 1>what's the point of bitcoin, right, destroying the money printer

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<v Speaker 1>and giving it back to the people, that's a very

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<v Speaker 1>political movement. So I just see bitcoin, although it is

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<v Speaker 1>very a political that it will have a massive ramification

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<v Speaker 1>on the way that politics is done, not only here

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<v Speaker 1>but across the world. And you know, people try oftentimes

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<v Speaker 1>get mad at me, right, like, you know, stay away

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<v Speaker 1>from politics. We don't need to be involved in government.

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<v Speaker 1>But I want to make sure that my country, the

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<v Speaker 1>United States, moves forward. I want to be forward on

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<v Speaker 1>this issue. And in order for us to do that

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<v Speaker 1>in the next five to ten years, we're gonna have

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<v Speaker 1>to be friends with legislators, We're gonna have to be

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<v Speaker 1>friends with policymakers. And I want to make sure that

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<v Speaker 1>the United States is in a position to benefit from

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<v Speaker 1>this technology and benefit from the move of the miners

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<v Speaker 1>leaving China and coming to America. If we aren't careful,

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<v Speaker 1>we could end up in a situation where we end

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<v Speaker 1>up banning bitcoin mining or banning bitcoin, and that would

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<v Speaker 1>make us a lot more like the CCP, and I

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<v Speaker 1>personally want to be a lot more like elsavad or. Yeah,

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<v Speaker 1>I certainly don't want to be like the CCP, that's

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<v Speaker 1>for sure. You know. The one thing I think about, though,

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<v Speaker 1>like in in that is that, Um, first off, today

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<v Speaker 1>we've seen this situation where like freedom now is like

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<v Speaker 1>some fringe right wing ideal, right like freedom like to me.

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<v Speaker 1>So I guess I guess some of it's like semantics

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<v Speaker 1>or the way that you look at things like I

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<v Speaker 1>don't look at freedom as like political ideology, like it's

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<v Speaker 1>just freedom right like Um, so I guess when when

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<v Speaker 1>you think about it in terms of like bitcoin and

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<v Speaker 1>bitcoin gives me freedom to transact. Um, I guess freedom

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<v Speaker 1>today seems like a right wing ideology, but um, I

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<v Speaker 1>don't see it that way. So I guess some of

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<v Speaker 1>it is that. But then also back to just even

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<v Speaker 1>more political um you know, I know as you've been

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<v Speaker 1>diving into the political side more, um, you do have

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<v Speaker 1>It was what really kind of sparked that off, I

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<v Speaker 1>think was Ted Cruz was talking about, um, how the

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<v Speaker 1>liberals want to take away and he I guess he

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<v Speaker 1>kind of made that statement and kind of pitted the

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<v Speaker 1>two against each other, right where the liberals want to

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<v Speaker 1>censor you and tell you what you can do. Bitcoin

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<v Speaker 1>gives you the opportunity get around that. So that's now

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<v Speaker 1>it's right wing, right, But then you have I know,

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<v Speaker 1>you've been working with like Erica Rhodes and she's a

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<v Speaker 1>Democrat and she's running on bitcoin. So uh, from that standpoint,

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<v Speaker 1>then it is a political I guess yeah. But I

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<v Speaker 1>like Ted Cruz and I like that he's been forward

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<v Speaker 1>in the sense that I like that he's been forward

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<v Speaker 1>on the issue of bitcoin. I think he has been

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<v Speaker 1>one of the strongest advocates recently, and he's done a

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<v Speaker 1>great job of speaking about it. There was just that

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<v Speaker 1>one line, you know, you know, the left doesn't like

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<v Speaker 1>bitcoin because they can't control it, And I just really

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<v Speaker 1>want to make sure that we as a country and

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<v Speaker 1>we as a people stay away from that kind of

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<v Speaker 1>partisan politics around bitcoin. Um, obviously bitcoin in this sense

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<v Speaker 1>is very political, but really we've got to be careful

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<v Speaker 1>with the part is an aspect of this bit of

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<v Speaker 1>bitcoin as an issue, and the main reason why we

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<v Speaker 1>want to do that is so that we don't get

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<v Speaker 1>into a situation where one party is constantly fighting back

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<v Speaker 1>against this technology. That will result in a world where

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<v Speaker 1>fifty of the time we are fighting back as an

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<v Speaker 1>industry and as holders against bad policy, whereas if both

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<v Speaker 1>parties were working together in tandem, that would mean that

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<v Speaker 1>we're fighting aggressively competing for better policy. Each party is

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<v Speaker 1>like trying to outdo each other, so it's a fifty

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<v Speaker 1>percent of the time fighting bad policy or a hundred

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<v Speaker 1>percent of the time competing over better policy kind of situation.

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<v Speaker 1>But yeah, I've seen a lot of Democrats getting on board.

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<v Speaker 1>There's this narrative that Republicans own bitcoin in the sense

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<v Speaker 1>that they are more in align with bitcoin than others,

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<v Speaker 1>and I just don't think that's true. There was a

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<v Speaker 1>report put out recently that six of bitcoin and digital

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<v Speaker 1>asset holders are Democrat voters. I just think that the

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<v Speaker 1>party as a whole, the actual legislators, have done a

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<v Speaker 1>better job of getting in front of this issue. But

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<v Speaker 1>mostly then my opinion, that has to do with this

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<v Speaker 1>idea that for a few reasons one, Republicans are the

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<v Speaker 1>party out of power, and the party out of power

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<v Speaker 1>is always looking for ways to change or overcome the

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<v Speaker 1>status quo, and bitcoin is an obvious way to overcome

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<v Speaker 1>the status quo. Um, and it's a way to kind

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<v Speaker 1>of give a you know, a pushback on the federal government,

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<v Speaker 1>and Republicans are naturally very anti federal government more in

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<v Speaker 1>line with its rights. But we are seeing very large

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<v Speaker 1>push from Democrats. We've seen ten Democrats, led by Darren

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<v Speaker 1>Soto and Rokana write a letter to Nancy Pelosi to say,

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<v Speaker 1>we do not agree with the cryptotax reporting Amendment and

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<v Speaker 1>we do not want this kind of legislation pushed forward

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<v Speaker 1>in this country. So yeah, working with all sorts of

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<v Speaker 1>Democrats because I think it's key that we make sure

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<v Speaker 1>that we maintain this as a bipartisan issue. Yeah, you know,

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<v Speaker 1>I was saying, I think, um back to the a

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<v Speaker 1>political versus what I've been saying is like anti political

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<v Speaker 1>in a sense where um, you know, I Alex Fetzki

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<v Speaker 1>and I just got together did a book Sprint and

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<v Speaker 1>we wrote a book which we're having a Kickstarter campaign

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<v Speaker 1>launch next week Uncommunist dot com. By the way, go

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<v Speaker 1>check that out on commist dot com. But we basically

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<v Speaker 1>took the Communist Manifesto, which is only four chapters, eight

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<v Speaker 1>thousand words, it's like a forty five minute pamphlet, and

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<v Speaker 1>we we rewrote it and we said that in that

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<v Speaker 1>book Karl Marks put the struggle between classes, the rich

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<v Speaker 1>versus the poor. Um. Hitler put the struggle between races, right, um,

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<v Speaker 1>And we said that that's all wrong. Um. Instead of uh,

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<v Speaker 1>instead of left or right or red or blue, Democrat Republican,

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<v Speaker 1>it's individuals versus collectivists. So really it's the people versus

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<v Speaker 1>the government. And almost like politics is meant to divide

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<v Speaker 1>the people. And so what we said is that the

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<v Speaker 1>struggle is between classes or politics. The struggle is between

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<v Speaker 1>the individual and the collective is always trying to pull

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<v Speaker 1>them into groups. And so I guess that's what I

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<v Speaker 1>say when I think about like a political Um, the

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<v Speaker 1>source of the political party's power comes from that money

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<v Speaker 1>and that money printer, and uh, I believe that if

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<v Speaker 1>we take away the money printer, then we would see

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<v Speaker 1>the size of the government shrink way down. We'd see

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<v Speaker 1>the politics shrink way down. And that's why I would

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<v Speaker 1>call it like the death of politics into politics, because

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<v Speaker 1>we don't need to be partisan on these things. It's like, look,

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<v Speaker 1>we're just all individuals, um, trying to do the best

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<v Speaker 1>that we can against this state apparatus kind of a thing. Um,

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<v Speaker 1>you're just tuning in you're listening to the Mark Moss Show.

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<v Speaker 1>We're talking about if you haven't guessed it, Bitcoin. We're

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<v Speaker 1>talking about the intersection of politics, finance, and technology, which

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<v Speaker 1>of course is bitcoin, is the decentralized revolution. I'm in

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<v Speaker 1>the studio with Dennis porter Um. You can find him

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<v Speaker 1>on on Twitter at Dennis Underscore porter underscore Um. You

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<v Speaker 1>can also find him as a host of the podcast

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<v Speaker 1>Smart People Deep. You can figure that out. We're talking

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<v Speaker 1>about these topics. We have a lot more to dig into.

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<v Speaker 1>I want to talk about executive actions that are potentially coming.

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<v Speaker 1>I want to talk about what countries will adopt it next,

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<v Speaker 1>and so much more. Don't go away over you right back,

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<v Speaker 1>all right, welcome back. You're listening to the Mark mo Show.

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<v Speaker 1>We're talking about the intersection of politics, finance, and technology.

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<v Speaker 1>We're talking about the decentralized revolution that is changing the world.

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<v Speaker 1>Of course, that's bitcoin that is doing that. I'm in

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<v Speaker 1>the studio with Dennis porter and we're talking about politics

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<v Speaker 1>and UH and tech. Before the break, I was kind

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<v Speaker 1>of going on a rant and Dennis didn't get a

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<v Speaker 1>chance to reply to that, but I was talking about

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<v Speaker 1>this UH, this book on communist dot com that's Fetzky

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<v Speaker 1>and I wrote, and the strung go between the individual

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<v Speaker 1>and the and the and the collectivist or the group.

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<v Speaker 1>And so that's kind of why my view is anti political.

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<v Speaker 1>What do you think about that? You know, I would

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<v Speaker 1>say that when you're talking about bitcoin, um and it's

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<v Speaker 1>interaction with the state from the perspective that democrats might

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<v Speaker 1>not like it because or socialists might not like it

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<v Speaker 1>because you know, bitcoin kind of erodes the state or

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<v Speaker 1>pushes back on the state. I think ultimately for most

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<v Speaker 1>people there there's this over attribution that democrats love the

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<v Speaker 1>state and that they're just in love with this power

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<v Speaker 1>that they have, when I think in reality, they see

0:10:37.120 --> 0:10:39.200
<v Speaker 1>the state as a tool, very much like we see

0:10:39.240 --> 0:10:42.080
<v Speaker 1>bitcoin as a tool, and it's the you know, to them,

0:10:42.120 --> 0:10:44.800
<v Speaker 1>the best means possible for them to help the average

0:10:44.840 --> 0:10:47.120
<v Speaker 1>person and to help the individual. You and me know,

0:10:47.400 --> 0:10:50.240
<v Speaker 1>I think and agree that it's not necessarily really shouldn't

0:10:50.240 --> 0:10:52.240
<v Speaker 1>be used as a tool to help the individual ends

0:10:52.280 --> 0:10:54.440
<v Speaker 1>up you know, getting corrupt, having all these money problems.

0:10:54.520 --> 0:10:56.160
<v Speaker 1>But now all I'm talking to a lot of my

0:10:56.200 --> 0:10:59.920
<v Speaker 1>Democrat friends who are bitcoiners, and they see bitcoin as

0:11:00.000 --> 0:11:02.440
<v Speaker 1>a better tool and a real tool that can actually

0:11:02.440 --> 0:11:07.920
<v Speaker 1>help those individuals in you know, historically left behind communities, um,

0:11:08.000 --> 0:11:12.280
<v Speaker 1>disenfranchised groups. And so I think Republicans people on the right,

0:11:12.400 --> 0:11:14.760
<v Speaker 1>and Democrats and on the left they want to help

0:11:14.760 --> 0:11:17.120
<v Speaker 1>the individual they just go about it from different ways.

0:11:17.160 --> 0:11:18.839
<v Speaker 1>Some like to use government and the other ones you know,

0:11:18.920 --> 0:11:21.520
<v Speaker 1>kind of don't. Yeah, I would agree with you on that. Um.

0:11:21.520 --> 0:11:23.240
<v Speaker 1>I've talked to many of my friends who were on

0:11:23.280 --> 0:11:25.720
<v Speaker 1>the opposite side of the spectrum and we can both

0:11:25.880 --> 0:11:28.480
<v Speaker 1>kind of see the same problem. Um, but it's just

0:11:28.520 --> 0:11:30.640
<v Speaker 1>different solutions to that. So I would agree with that.

0:11:30.960 --> 0:11:33.840
<v Speaker 1>Now back to kind of as you were saying, it's

0:11:33.920 --> 0:11:35.720
<v Speaker 1>you know, more and more politics getting into it. We

0:11:35.760 --> 0:11:39.079
<v Speaker 1>have Republicans like Ted Cruz, and we have people Democrats

0:11:39.120 --> 0:11:41.199
<v Speaker 1>on the left like Erica who I had on the

0:11:41.280 --> 0:11:43.680
<v Speaker 1>radio show I think two weeks ago. Um, and you

0:11:43.760 --> 0:11:46.760
<v Speaker 1>have what what I'm seeing. And I'm curious your take

0:11:46.800 --> 0:11:50.360
<v Speaker 1>on this, but um, was it The mayor of a

0:11:50.400 --> 0:11:52.640
<v Speaker 1>New York City ran on like a pro bitcoin stance

0:11:52.640 --> 0:11:55.079
<v Speaker 1>and he's gonna make bitcoin capital of the World or whatever,

0:11:55.120 --> 0:11:56.320
<v Speaker 1>and then all of a sudden he wants to ban

0:11:56.400 --> 0:11:59.120
<v Speaker 1>bitcoin mining. And it's like almost like this bait and

0:11:59.200 --> 0:12:02.000
<v Speaker 1>switch then we had Erka on and and I love

0:12:02.040 --> 0:12:03.599
<v Speaker 1>what she's doing. I especially love that she wants to

0:12:03.640 --> 0:12:05.480
<v Speaker 1>replace Brad Sherman because I really like to see him

0:12:05.480 --> 0:12:07.280
<v Speaker 1>out of there. But she's running on like a pro

0:12:07.360 --> 0:12:09.559
<v Speaker 1>welfare stance, and it's like, how does bitcoin doesn't really

0:12:09.640 --> 0:12:12.400
<v Speaker 1>work with pro welfare? So like, um, I guess do

0:12:12.400 --> 0:12:14.360
<v Speaker 1>you see some danger? I guess I should say, do

0:12:14.400 --> 0:12:17.640
<v Speaker 1>you think there's some danger into these politicians co opting

0:12:17.720 --> 0:12:21.160
<v Speaker 1>bitcoin and then kind of do this bait and switch. Yeah. Absolutely,

0:12:21.200 --> 0:12:23.120
<v Speaker 1>I think that's always a danger for any sort of

0:12:23.120 --> 0:12:25.760
<v Speaker 1>political movement to make sure that it's not co opted

0:12:26.080 --> 0:12:28.680
<v Speaker 1>for me, regardless of you know, someone like Erica Rhodes,

0:12:28.720 --> 0:12:31.320
<v Speaker 1>whether she comes through on her promise to protect bitcoin.

0:12:31.679 --> 0:12:33.440
<v Speaker 1>The biggest thing that we're doing in that race is

0:12:33.480 --> 0:12:35.600
<v Speaker 1>making sure that we eliminate Brad Sherman and then we

0:12:35.640 --> 0:12:38.440
<v Speaker 1>send a message to UM those in d C that

0:12:38.480 --> 0:12:40.560
<v Speaker 1>we're not going to put up with guys like Brad

0:12:40.600 --> 0:12:43.480
<v Speaker 1>Sherman trying to attack and destroy the opportunity for the

0:12:43.520 --> 0:12:46.800
<v Speaker 1>America to move forward on bitcoin. So yeah, there is

0:12:46.880 --> 0:12:49.960
<v Speaker 1>oftentimes some things I think that people, you know, they

0:12:49.960 --> 0:12:52.480
<v Speaker 1>they interact with bitcoin, they like it. UM and they

0:12:52.520 --> 0:12:54.439
<v Speaker 1>don't understand that some of the goals that they want

0:12:54.440 --> 0:12:57.079
<v Speaker 1>to accomplish, some of the ends that they want to pursue,

0:12:57.720 --> 0:13:00.040
<v Speaker 1>really just are not an alignment with Bitcoin. And I

0:13:00.280 --> 0:13:02.080
<v Speaker 1>just leave that up for them to learn on their own, right,

0:13:02.080 --> 0:13:04.520
<v Speaker 1>because it's kind of impossible to change their minds on

0:13:04.559 --> 0:13:06.800
<v Speaker 1>some of those issues. Yeah, I think they will, you know,

0:13:06.960 --> 0:13:09.160
<v Speaker 1>um as you know, um, being in the bitcoin space,

0:13:09.200 --> 0:13:11.920
<v Speaker 1>like bitcoin changes you and it's you know, like once

0:13:11.960 --> 0:13:13.719
<v Speaker 1>you get into bitcoin, it it starts you start looking

0:13:13.760 --> 0:13:15.480
<v Speaker 1>at the world to dose like orange colored lenses and

0:13:15.520 --> 0:13:18.200
<v Speaker 1>everything just looks differently. I think we've seen that most

0:13:18.600 --> 0:13:21.720
<v Speaker 1>recently with the President Boukaylie and Nel Salvador. I mean

0:13:22.760 --> 0:13:25.080
<v Speaker 1>from where I see, I saw what he was talking

0:13:25.080 --> 0:13:27.040
<v Speaker 1>about and doing when he first kind of came on

0:13:27.080 --> 0:13:28.680
<v Speaker 1>the scene to where he's at now, it seems like

0:13:28.679 --> 0:13:31.280
<v Speaker 1>he's been totally changed. So to your point, I think,

0:13:31.320 --> 0:13:33.400
<v Speaker 1>you know, with the Erica Rhodes, etcetera, like they'll they'll

0:13:33.440 --> 0:13:36.240
<v Speaker 1>they'll get it more and more now, um switching gears

0:13:36.240 --> 0:13:40.600
<v Speaker 1>a little bit. Um. I liked what you said there. Right,

0:13:40.640 --> 0:13:42.920
<v Speaker 1>It wakes up Washington to like, hey, this is what

0:13:42.960 --> 0:13:45.199
<v Speaker 1>the people want. One of the biggest objections I have

0:13:45.360 --> 0:13:47.760
<v Speaker 1>heard to bitcoin is like, yeah, yeah, yeah, the government's

0:13:47.760 --> 0:13:50.600
<v Speaker 1>going to make it illegal. And I've often said that, yeah, well,

0:13:50.679 --> 0:13:52.480
<v Speaker 1>if a billion people don't want it to be illegal,

0:13:52.559 --> 0:13:54.640
<v Speaker 1>it ain't gonna be illegal kind of a thing. Um,

0:13:54.640 --> 0:13:57.520
<v Speaker 1>it seems like maybe one of the biggest attack vectors

0:13:57.559 --> 0:14:01.120
<v Speaker 1>that I might see coming. Not really have an inside knowledge,

0:14:01.160 --> 0:14:03.480
<v Speaker 1>maybe you do, but one of the biggest attack victors

0:14:03.480 --> 0:14:07.320
<v Speaker 1>that I see coming is maybe on custody. So Biden

0:14:07.360 --> 0:14:10.360
<v Speaker 1>admitts Bien edmund and announce they're gonna do some executive

0:14:10.480 --> 0:14:13.280
<v Speaker 1>actions to regulate it. The Treasury told us that as well,

0:14:13.320 --> 0:14:15.400
<v Speaker 1>and then we had Rep. Davidson of Ohio put this

0:14:15.480 --> 0:14:17.560
<v Speaker 1>bill together keep your Coins at kind of thing. So

0:14:17.640 --> 0:14:19.720
<v Speaker 1>maybe he sees that attack vector. What do you think

0:14:19.760 --> 0:14:24.040
<v Speaker 1>about that? I think that the ability to self custody

0:14:24.120 --> 0:14:27.400
<v Speaker 1>is definitely one of the biggest attack vectors for users.

0:14:27.520 --> 0:14:30.240
<v Speaker 1>You have two physical links to the bitcoin world, right,

0:14:30.280 --> 0:14:32.760
<v Speaker 1>which is the users and the miners, and those are

0:14:32.800 --> 0:14:34.800
<v Speaker 1>the two things that we really need to be pushing

0:14:34.840 --> 0:14:38.560
<v Speaker 1>to protect as much as possible. So I'm every day

0:14:38.560 --> 0:14:40.840
<v Speaker 1>I wake up and I'm trying to push that goal forward.

0:14:40.840 --> 0:14:42.840
<v Speaker 1>I'm trying to make sure that we protect the right

0:14:42.880 --> 0:14:45.240
<v Speaker 1>to self custody, that we protect the rights to pure

0:14:45.280 --> 0:14:49.080
<v Speaker 1>to pure transactions, but that we also protect and incentivize

0:14:49.280 --> 0:14:52.960
<v Speaker 1>the growth of industry here in regards to bitcoin mining,

0:14:53.000 --> 0:14:55.880
<v Speaker 1>because bitcoin miners, you know, as as we saw China,

0:14:56.000 --> 0:14:58.240
<v Speaker 1>they can get banned, they can get moved out, coders

0:14:58.280 --> 0:15:01.560
<v Speaker 1>can code around law pretty easily. By bitcoin mining is

0:15:01.560 --> 0:15:03.680
<v Speaker 1>a very physical thing in the sense that it takes

0:15:03.720 --> 0:15:07.000
<v Speaker 1>up a geographical space that uses electricity from utility companies.

0:15:07.080 --> 0:15:10.040
<v Speaker 1>It's very difficult to hide. So um, I think it's

0:15:10.120 --> 0:15:12.200
<v Speaker 1>very critical that we protect those two things. But I

0:15:12.280 --> 0:15:14.360
<v Speaker 1>have been very encouraged by what's going on to d C.

0:15:14.560 --> 0:15:17.040
<v Speaker 1>As you said, Warren Davidson, putting for the k y

0:15:17.120 --> 0:15:20.520
<v Speaker 1>c Applete called done keep your coins. Not know your

0:15:20.560 --> 0:15:24.720
<v Speaker 1>customer right, but uh keep your coins to protect yourself custody,

0:15:25.120 --> 0:15:27.520
<v Speaker 1>protect the right to pure to pure transactions. We need

0:15:27.520 --> 0:15:31.400
<v Speaker 1>to make sure that as Americans in the United States

0:15:31.760 --> 0:15:33.480
<v Speaker 1>that we have leaders like this, that we're going to

0:15:33.520 --> 0:15:35.760
<v Speaker 1>them and showing them that we support them by writing

0:15:35.840 --> 0:15:38.840
<v Speaker 1>letters to other legislators and saying, hey, get behind this bill.

0:15:39.000 --> 0:15:40.560
<v Speaker 1>We need to show up to events they get behind

0:15:40.560 --> 0:15:43.000
<v Speaker 1>this bill. We need to donate to Warren Davidson. We

0:15:43.000 --> 0:15:45.000
<v Speaker 1>need to contribute to his campaign. We need to make

0:15:45.040 --> 0:15:47.480
<v Speaker 1>sure that this guy feels like he's got support behind him,

0:15:47.520 --> 0:15:50.120
<v Speaker 1>so that when the going gets tough, he knows that

0:15:50.160 --> 0:15:52.440
<v Speaker 1>he can keep pushing forward. And that's why I want

0:15:52.440 --> 0:15:54.160
<v Speaker 1>to make sure that bitcoiners wake up and realize the

0:15:54.200 --> 0:15:56.720
<v Speaker 1>importance of being active. We've we've gotten into this place

0:15:56.720 --> 0:15:59.480
<v Speaker 1>in this country where it's like, oh, my vote doesn't matter,

0:15:59.600 --> 0:16:02.080
<v Speaker 1>nothing matters that That's exactly what they want you to feel.

0:16:02.160 --> 0:16:03.840
<v Speaker 1>That's what they want you to think, because when you

0:16:03.880 --> 0:16:07.640
<v Speaker 1>become apathetic, you're actually handing over power. So I know

0:16:07.720 --> 0:16:10.120
<v Speaker 1>stuff can be tough to get done in politics, but

0:16:10.920 --> 0:16:13.560
<v Speaker 1>we are one of the most entrenched voter groups and

0:16:13.720 --> 0:16:16.160
<v Speaker 1>I think human history, we're gonna be the richest voter

0:16:16.200 --> 0:16:19.440
<v Speaker 1>block in American history for obvious reasons. But we're also

0:16:19.640 --> 0:16:22.800
<v Speaker 1>highly morally incentivized to protect and defend bitcoin, which I'm

0:16:22.840 --> 0:16:25.280
<v Speaker 1>sure you've talked a lot about the moral and social

0:16:25.360 --> 0:16:28.000
<v Speaker 1>impact of why we need to adopt bitcoins, so I'm

0:16:28.000 --> 0:16:29.600
<v Speaker 1>not sure you need to explain that too much to

0:16:29.760 --> 0:16:32.520
<v Speaker 1>your listeners. But it's been very encouraging to see Warren

0:16:32.560 --> 0:16:35.280
<v Speaker 1>Davidson moved forward on this, and we've also seen I

0:16:35.280 --> 0:16:37.520
<v Speaker 1>think it was Rep. Emmer Right a bill to ban

0:16:37.680 --> 0:16:40.280
<v Speaker 1>cbdc s. I mean, who would have thought two years

0:16:40.280 --> 0:16:42.160
<v Speaker 1>ago that we would be writing to ban CBDCs and

0:16:42.200 --> 0:16:45.640
<v Speaker 1>not bitcoin. Everybody was predicting we'd band bitcoin, So I

0:16:45.880 --> 0:16:48.520
<v Speaker 1>didn't see that one. That's that's pretty amazing. Um. Yeah,

0:16:48.520 --> 0:16:49.920
<v Speaker 1>you know, I like to say that we vote with

0:16:49.920 --> 0:16:52.240
<v Speaker 1>our money right, our money as our most effective vote,

0:16:52.240 --> 0:16:53.920
<v Speaker 1>and so to your point, kind of getting behind these

0:16:53.960 --> 0:16:56.560
<v Speaker 1>people showing our support for that, which then means more

0:16:56.600 --> 0:16:59.240
<v Speaker 1>people hopefully would run on those same platforms as well.

0:16:59.600 --> 0:17:01.360
<v Speaker 1>I would say a little bit kind of to what

0:17:01.400 --> 0:17:03.920
<v Speaker 1>you said though about um, my vote doesn't count and

0:17:03.960 --> 0:17:06.920
<v Speaker 1>the apathy, Um, I think that's probably never I've I've

0:17:06.960 --> 0:17:08.760
<v Speaker 1>personally never felt that as much as I did in

0:17:08.760 --> 0:17:11.520
<v Speaker 1>this last election. It seems like we're I think the

0:17:11.560 --> 0:17:13.440
<v Speaker 1>idea of ever voting ourselves out of this is a

0:17:13.480 --> 0:17:16.639
<v Speaker 1>little ridiculous. Um. I and I come from a strong

0:17:16.680 --> 0:17:19.000
<v Speaker 1>political family. My parents were grassroots political. As a kid,

0:17:19.200 --> 0:17:21.720
<v Speaker 1>we still discussed politics at the table. Um, But it

0:17:21.800 --> 0:17:24.399
<v Speaker 1>just seems like it's kind of worthless. But that being said,

0:17:24.880 --> 0:17:28.560
<v Speaker 1>I will go out swinging and whether I think my

0:17:28.680 --> 0:17:30.360
<v Speaker 1>whether I think my vote is going to be effective

0:17:30.400 --> 0:17:32.560
<v Speaker 1>or not. I am still going to place it because

0:17:33.320 --> 0:17:35.040
<v Speaker 1>it may be the only thing that I have. UM.

0:17:35.080 --> 0:17:37.240
<v Speaker 1>You're listening to the Mark Moas Show. We're talking about

0:17:38.080 --> 0:17:39.800
<v Speaker 1>If you haven't guess, we're talking about bitcoin. We're talking

0:17:39.840 --> 0:17:43.080
<v Speaker 1>about the intersection of politics, finance and technology. We're talking

0:17:43.119 --> 0:17:46.680
<v Speaker 1>about the decentralized revolution that is changing the world. I'm

0:17:46.720 --> 0:17:48.920
<v Speaker 1>in the studio with Dennis Porter. You can find them

0:17:48.920 --> 0:17:53.000
<v Speaker 1>on Twitter at Dennis Underscore Porter Underscore and I'm on

0:17:53.040 --> 0:17:56.040
<v Speaker 1>Twitter at one Mark Moss. So send us a message,

0:17:56.040 --> 0:17:58.120
<v Speaker 1>tell us you heard us, asks a question. I got

0:17:58.119 --> 0:17:59.680
<v Speaker 1>a lot more to go through. I want to talk

0:17:59.680 --> 0:18:03.159
<v Speaker 1>about UM, legal tender countries. Who's next. I want to

0:18:03.160 --> 0:18:05.480
<v Speaker 1>talk about more about governments doing bitcoin marketing and so

0:18:05.560 --> 0:18:08.840
<v Speaker 1>much more. We'll be back in a second. Don't go away, everyone,

0:18:08.880 --> 0:18:11.040
<v Speaker 1>Welcome back. You are listening to another episode of the

0:18:11.080 --> 0:18:14.720
<v Speaker 1>Mark mos Show where we talk about the decentralized revolution.

0:18:14.760 --> 0:18:17.359
<v Speaker 1>We talk about the intersection of politics, finance and technology.

0:18:17.359 --> 0:18:20.400
<v Speaker 1>Of course, we're talking about bitcoin. UM in the studio

0:18:20.480 --> 0:18:22.640
<v Speaker 1>with Dennis Porter. You can find them on Twitter at

0:18:22.720 --> 0:18:26.720
<v Speaker 1>Dennis Underscore Porter underscore and uh yeah, we're talking about

0:18:26.960 --> 0:18:29.160
<v Speaker 1>we're talking about bitcoin and politics and how it fits in.

0:18:29.720 --> 0:18:32.200
<v Speaker 1>Before the break, we were just talking about how, um,

0:18:32.240 --> 0:18:35.920
<v Speaker 1>we should support politicians who are kind of pro I

0:18:35.920 --> 0:18:38.720
<v Speaker 1>would just say pro freedom, but pro bitcoin um. And

0:18:38.760 --> 0:18:41.119
<v Speaker 1>I was saying that maybe even if you are apathetic

0:18:41.119 --> 0:18:44.760
<v Speaker 1>and you don't think that it is that effective, you

0:18:44.760 --> 0:18:46.760
<v Speaker 1>should still do everything that you can. And so that's

0:18:46.560 --> 0:18:50.800
<v Speaker 1>that's definitely that um. But I guess back to the question,

0:18:51.040 --> 0:18:53.560
<v Speaker 1>and maybe you don't know, maybe it's just a hunch,

0:18:53.600 --> 0:18:55.399
<v Speaker 1>but do you think that like when it comes to

0:18:55.480 --> 0:18:58.440
<v Speaker 1>so Biden announced an announcement of announcement right, an announcement

0:18:58.440 --> 0:19:00.920
<v Speaker 1>that we're going to have executive orders and we're gonna

0:19:00.960 --> 0:19:03.360
<v Speaker 1>do something, and the Treasury says we have these powers.

0:19:03.560 --> 0:19:05.240
<v Speaker 1>I mean, do you think that's where they go? It's

0:19:05.280 --> 0:19:10.120
<v Speaker 1>the custody piece. Well, with the Biden executive order, it's

0:19:10.160 --> 0:19:13.080
<v Speaker 1>it is definitely one of those things where there is

0:19:13.280 --> 0:19:16.040
<v Speaker 1>no real inside knowledge on what's going to be dropped.

0:19:16.359 --> 0:19:18.439
<v Speaker 1>They they've been having a people have been calling in

0:19:18.480 --> 0:19:22.000
<v Speaker 1>an Obama level of of carefulness when it comes to

0:19:22.160 --> 0:19:25.359
<v Speaker 1>the information. There some administrations are very good at keeping

0:19:25.359 --> 0:19:27.800
<v Speaker 1>this information under wraps and some are not UM and

0:19:27.880 --> 0:19:31.600
<v Speaker 1>this administration has been particularly well um position to make

0:19:31.640 --> 0:19:34.120
<v Speaker 1>sure that they don't have any leaks on what's coming

0:19:34.119 --> 0:19:36.880
<v Speaker 1>from the executive order. What we do know is just

0:19:36.960 --> 0:19:39.760
<v Speaker 1>what they've been telling us that they're gonna order for

0:19:39.880 --> 0:19:42.840
<v Speaker 1>new groups to be formed to go investigate crypto and

0:19:42.880 --> 0:19:45.439
<v Speaker 1>bitcoin and figure out what they want to do. So

0:19:45.480 --> 0:19:47.920
<v Speaker 1>it's I wouldn't tell if if anything, I would just

0:19:47.920 --> 0:19:50.160
<v Speaker 1>tell people don't worry too much. I think it's more

0:19:50.160 --> 0:19:52.960
<v Speaker 1>of like we're gonna go investigate bitcoin. Is kind of

0:19:53.000 --> 0:19:56.800
<v Speaker 1>like the premise of this next to move from Biden's administration. Yeah,

0:19:56.880 --> 0:19:58.479
<v Speaker 1>one thing I was thinking about, you know, when I

0:19:58.480 --> 0:20:01.760
<v Speaker 1>was spent the last to ours talking about the the sanctions.

0:20:01.760 --> 0:20:03.480
<v Speaker 1>But I mean, we obviously saw what happened in Canada

0:20:03.480 --> 0:20:05.320
<v Speaker 1>with the truckers and people who donated, and then then

0:20:05.359 --> 0:20:09.760
<v Speaker 1>obviously world stage, you know, Russia, Canadas at Russia, Ukraine, UM,

0:20:09.840 --> 0:20:12.680
<v Speaker 1>and uh, you know, there's articles all over the place

0:20:12.720 --> 0:20:16.800
<v Speaker 1>saying that they're gonna use cryptocurrencies to evade sanctions, and

0:20:16.840 --> 0:20:20.159
<v Speaker 1>I'm like, yeah, so pretty much anything other than the

0:20:20.200 --> 0:20:22.760
<v Speaker 1>US dollar and swift is evading sanctions. So if they

0:20:22.800 --> 0:20:26.399
<v Speaker 1>were to use their oil or their gold or their wheat.

0:20:26.520 --> 0:20:28.719
<v Speaker 1>I mean that also of aged sanctions too, So it's

0:20:28.800 --> 0:20:31.439
<v Speaker 1>kind of like trying to like put this boogeyman onto

0:20:31.520 --> 0:20:34.439
<v Speaker 1>onto cryptocurrencies when the reality is anything outside of their

0:20:34.440 --> 0:20:38.080
<v Speaker 1>system is sanction, is getting around sanctions, right, Yeah, I

0:20:38.119 --> 0:20:39.959
<v Speaker 1>mean I was talking to Matthew Pines. I brought him

0:20:40.000 --> 0:20:43.040
<v Speaker 1>on the show. He's a fellow at the Bitcoin Policy Institute,

0:20:43.080 --> 0:20:45.679
<v Speaker 1>and he's also a national security expert. But he had

0:20:45.720 --> 0:20:47.639
<v Speaker 1>a very specific take on this, and it was that

0:20:48.240 --> 0:20:50.719
<v Speaker 1>bitcoins just really isn't big enough to avoid sanctions, Like

0:20:50.800 --> 0:20:53.399
<v Speaker 1>this thing is a tiny little asset, and compared to

0:20:53.560 --> 0:20:56.200
<v Speaker 1>what the Russian economy looks like, I think they move

0:20:56.760 --> 0:21:01.639
<v Speaker 1>like half of bitcoins entire mar market h market market

0:21:01.640 --> 0:21:03.720
<v Speaker 1>cap within like a matter of like a month or so.

0:21:03.720 --> 0:21:06.440
<v Speaker 1>So it just wouldn't really function for them to be

0:21:06.480 --> 0:21:08.199
<v Speaker 1>able to evade sections. And we all know, let's not

0:21:08.280 --> 0:21:12.119
<v Speaker 1>let's not kid ourselves. The bitcoin blockchain is very transparent.

0:21:12.200 --> 0:21:14.159
<v Speaker 1>You can see what's going on if they were to

0:21:14.200 --> 0:21:16.440
<v Speaker 1>go into bitcoin, and then how are they going to

0:21:16.480 --> 0:21:18.359
<v Speaker 1>get back out? What's the off ramp they're gonna use.

0:21:18.400 --> 0:21:20.440
<v Speaker 1>They're not allowed to use any of the other off rams,

0:21:20.440 --> 0:21:23.080
<v Speaker 1>so it just doesn't really function as a way to

0:21:23.240 --> 0:21:25.760
<v Speaker 1>escape these sanctions. In fact, it's been a great tool

0:21:25.800 --> 0:21:28.439
<v Speaker 1>for the Ukrainians to raise money. They've raised over fifty

0:21:28.520 --> 0:21:32.080
<v Speaker 1>million dollars in bitcoin alone to help support the troops

0:21:32.240 --> 0:21:34.840
<v Speaker 1>in Ukraine. So, if anything, bitcoin has been a tool

0:21:34.880 --> 0:21:37.560
<v Speaker 1>to help the people that are being oppressed versus the

0:21:37.600 --> 0:21:40.159
<v Speaker 1>folks that are doing uh, you know, going out and

0:21:40.200 --> 0:21:45.040
<v Speaker 1>committing war crimes essentially. Now, um, we've seen obviously we

0:21:45.040 --> 0:21:47.760
<v Speaker 1>already mentioned El Salvador in President Bukayley down there. It's

0:21:47.760 --> 0:21:51.000
<v Speaker 1>amazing what's going on down there. Um. I've been down

0:21:51.000 --> 0:21:52.840
<v Speaker 1>there doing stuff with them. I mean, it's just so

0:21:53.000 --> 0:21:55.760
<v Speaker 1>much hope is in the air. It's amazing. Um. You know,

0:21:56.520 --> 0:21:59.040
<v Speaker 1>the United States is uh is a beautiful place if

0:21:59.080 --> 0:22:01.280
<v Speaker 1>you can just kind of your paradigm and stop thinking

0:22:01.320 --> 0:22:03.119
<v Speaker 1>about the bad stuff. I mean, it's amazing and a

0:22:03.160 --> 0:22:05.600
<v Speaker 1>good el sowad Or and it's extremely poor, very very

0:22:05.680 --> 0:22:08.080
<v Speaker 1>very poor. Um, but there's just hope in the air.

0:22:08.160 --> 0:22:13.040
<v Speaker 1>And so there's that. Um. But you made a comment

0:22:13.160 --> 0:22:16.960
<v Speaker 1>about more countries adopting it as legal tender. Now I

0:22:17.000 --> 0:22:19.840
<v Speaker 1>did see there was a headline I think a city

0:22:20.320 --> 0:22:22.280
<v Speaker 1>a city in Switzerland, I think said they were going

0:22:22.320 --> 0:22:24.760
<v Speaker 1>to adopt as legal tender. We've seen in Arizona, and

0:22:24.760 --> 0:22:26.840
<v Speaker 1>I've seen you've been reporting. I mean Arizona put a

0:22:26.840 --> 0:22:30.880
<v Speaker 1>bill I think to make it a tender. A governor

0:22:30.920 --> 0:22:33.000
<v Speaker 1>in Texas is like running on a bill to make

0:22:33.040 --> 0:22:37.280
<v Speaker 1>it legal tender. Um, what are your I guess what

0:22:37.280 --> 0:22:39.880
<v Speaker 1>are your What are your predictions? What are your predictions

0:22:39.880 --> 0:22:43.520
<v Speaker 1>for more nation states happening in? What do you think

0:22:43.560 --> 0:22:47.760
<v Speaker 1>about that? Yeah, I'm I'm getting very strong signals from

0:22:47.800 --> 0:22:50.240
<v Speaker 1>some you know, what people would call sources. I know

0:22:50.280 --> 0:22:52.520
<v Speaker 1>that word is like thrown around loosely in this industry,

0:22:52.560 --> 0:22:55.360
<v Speaker 1>but from people that know better than myself. I am

0:22:55.359 --> 0:22:57.720
<v Speaker 1>getting very strong signals that there are going to be

0:22:57.880 --> 0:23:03.440
<v Speaker 1>multiple nations, mostly smaller nations. Obviously we're not talking about, uh,

0:23:03.520 --> 0:23:06.920
<v Speaker 1>the United States or Russia or China adopting bitcoin is

0:23:07.000 --> 0:23:09.520
<v Speaker 1>legal tender. Uh, something probably a little bit bigger than

0:23:09.520 --> 0:23:12.720
<v Speaker 1>Al Salvador is what I'm getting the impression. Um. But really,

0:23:12.720 --> 0:23:14.960
<v Speaker 1>what I'm most excited about is what's going on in

0:23:15.240 --> 0:23:18.080
<v Speaker 1>the United States. That's like my main focus right is

0:23:18.119 --> 0:23:20.800
<v Speaker 1>making sure that we adopt bitcoin as legal tender here

0:23:20.800 --> 0:23:25.360
<v Speaker 1>in America and We've already seen that Senator Wendy Rogers

0:23:25.359 --> 0:23:28.879
<v Speaker 1>from Arizona has introduced a bill to make bitcoin legal tender,

0:23:29.320 --> 0:23:32.720
<v Speaker 1>and we've also seen in Texas Don Haffinds is running

0:23:32.760 --> 0:23:36.200
<v Speaker 1>on bitcoin legal tender as one of his key issues. Now,

0:23:36.680 --> 0:23:38.639
<v Speaker 1>whether or not these things will actually get past in

0:23:38.680 --> 0:23:42.640
<v Speaker 1>the in the first shot doesn't take away or dissuade

0:23:42.640 --> 0:23:45.199
<v Speaker 1>from the fact that this is an incredible moment. We

0:23:45.240 --> 0:23:48.440
<v Speaker 1>are now pushing to make bitcoin legal tender in the

0:23:48.560 --> 0:23:51.560
<v Speaker 1>United States of America, the country that everybody thought would

0:23:51.560 --> 0:23:55.480
<v Speaker 1>be the absolute last place to adopt bitcoin. It's completely

0:23:55.520 --> 0:23:58.840
<v Speaker 1>shattering all of those narratives. And now we also have

0:23:59.280 --> 0:24:02.000
<v Speaker 1>one in calif Mornia as well, bitcoin legal tender bill

0:24:02.080 --> 0:24:05.080
<v Speaker 1>being crafted and being put forward, And that's the one

0:24:05.119 --> 0:24:07.679
<v Speaker 1>that I'm most excited about because now it also it

0:24:07.720 --> 0:24:10.320
<v Speaker 1>also shatters the narrative that this is a Republican issue

0:24:10.359 --> 0:24:12.560
<v Speaker 1>and that Republicans are going to lead on this. We

0:24:12.600 --> 0:24:16.160
<v Speaker 1>have Democrats in blue states, we have Republicans and red

0:24:16.240 --> 0:24:18.960
<v Speaker 1>states pushing for bitcoin legal tender, and I couldn't be

0:24:18.960 --> 0:24:22.040
<v Speaker 1>more excited about the developments to come. Uh the one

0:24:22.040 --> 0:24:25.000
<v Speaker 1>in California in particular, I'm very excited about because that

0:24:25.160 --> 0:24:27.440
<v Speaker 1>is a legitimate effort. I don't really I'm not connected

0:24:27.480 --> 0:24:29.760
<v Speaker 1>to what's going on in Arizona or Texas, but I

0:24:29.800 --> 0:24:33.159
<v Speaker 1>know what's going on in California, and that is a

0:24:33.240 --> 0:24:36.359
<v Speaker 1>very legitimate bill. And there's a lot of excitement and

0:24:36.400 --> 0:24:38.440
<v Speaker 1>a lot of energy and a lot of people getting

0:24:38.440 --> 0:24:40.880
<v Speaker 1>behind that bill. What do you mean it's very legitimate

0:24:42.080 --> 0:24:43.800
<v Speaker 1>in a sense, it's not a PR stunt some you know,

0:24:43.800 --> 0:24:46.439
<v Speaker 1>because these things could be PR stunts from other elected officials.

0:24:46.480 --> 0:24:48.920
<v Speaker 1>We don't know. There's no way to know what their

0:24:49.000 --> 0:24:53.000
<v Speaker 1>true intention is. Are they just because any legislator can

0:24:53.000 --> 0:24:54.800
<v Speaker 1>write a bill and submit it and be like, look

0:24:54.840 --> 0:24:56.880
<v Speaker 1>what I did, right? But are they actually gonna fight

0:24:56.920 --> 0:24:58.280
<v Speaker 1>for it? Are they gonna wake up and try to

0:24:58.280 --> 0:24:59.960
<v Speaker 1>get it through committee? Are they going to bring it

0:25:00.000 --> 0:25:02.000
<v Speaker 1>to how a floor vote? Are they going to make

0:25:02.000 --> 0:25:04.600
<v Speaker 1>sure and you know, talk to other legislators and get

0:25:04.640 --> 0:25:06.480
<v Speaker 1>their support. We don't. We don't know that. There's no

0:25:06.520 --> 0:25:08.640
<v Speaker 1>way to know that. But I personally am a part

0:25:08.680 --> 0:25:11.239
<v Speaker 1>of what's going on in California, and we do know that.

0:25:11.280 --> 0:25:13.320
<v Speaker 1>We do know that this is a legitimate effort. It

0:25:13.440 --> 0:25:15.840
<v Speaker 1>is going to be pushed forward through committee. There are

0:25:15.920 --> 0:25:17.280
<v Speaker 1>going to be efforts to make sure that we make

0:25:17.320 --> 0:25:19.280
<v Speaker 1>it a bipartisan bill, and we are going to make

0:25:19.280 --> 0:25:21.000
<v Speaker 1>sure that it gets to a floor vote as well.

0:25:21.359 --> 0:25:24.040
<v Speaker 1>So it's being put together by someone credible and there's

0:25:24.040 --> 0:25:25.680
<v Speaker 1>some support behind it. A lot of times you'll see

0:25:25.720 --> 0:25:27.399
<v Speaker 1>like a freshman put together a bill that has no

0:25:27.440 --> 0:25:30.120
<v Speaker 1>support or whatever. But this is like a someone good

0:25:30.160 --> 0:25:32.840
<v Speaker 1>to put it together. It's good support for it, That's

0:25:32.880 --> 0:25:35.479
<v Speaker 1>exactly it. And I'm very close to what's going on

0:25:35.520 --> 0:25:38.080
<v Speaker 1>with this bill in particular, and I'm very excited about

0:25:38.080 --> 0:25:41.679
<v Speaker 1>the potential to have California be the first state in

0:25:41.680 --> 0:25:44.800
<v Speaker 1>the nation to move forward on bitcoin legal tender. Mm hmm.

0:25:46.400 --> 0:25:49.160
<v Speaker 1>What about the tax problems though? So if anybody who's

0:25:49.160 --> 0:25:51.440
<v Speaker 1>not aware, right, you have to pay tax every single

0:25:51.440 --> 0:25:54.199
<v Speaker 1>time you spend cryptocurrency. It's a taxable event, and so

0:25:54.240 --> 0:25:55.560
<v Speaker 1>that makes it very difficult to buy a cup of

0:25:55.560 --> 0:25:58.080
<v Speaker 1>coffee when you have to file a tax report on that. Yeah,

0:25:58.080 --> 0:26:00.560
<v Speaker 1>that's the big argument right now, right is how do

0:26:00.600 --> 0:26:02.639
<v Speaker 1>we get rid of capital gains taxes? And this is

0:26:02.680 --> 0:26:05.719
<v Speaker 1>one of the approaches. Obviously, if California passes big win

0:26:05.800 --> 0:26:08.840
<v Speaker 1>legal tender, that doesn't automatically make everyone have to stop

0:26:08.880 --> 0:26:11.520
<v Speaker 1>paying their federal capital gains taxes. But the point is

0:26:11.560 --> 0:26:14.119
<v Speaker 1>that we want to get enough states moving forward on

0:26:14.119 --> 0:26:16.760
<v Speaker 1>this issue. Very similar to how we've done with legal

0:26:16.760 --> 0:26:19.480
<v Speaker 1>marijuana in this country. You get a bottom up approach.

0:26:19.600 --> 0:26:22.359
<v Speaker 1>Because we live in a republic, we don't live in China,

0:26:22.400 --> 0:26:24.480
<v Speaker 1>we don't live in Russia. We can do whatever we

0:26:24.520 --> 0:26:27.000
<v Speaker 1>want on the state level and move those things forward

0:26:27.000 --> 0:26:29.639
<v Speaker 1>from a bottom up approach. The the other part of

0:26:29.680 --> 0:26:32.320
<v Speaker 1>the strategy that we're approaching it from is also on

0:26:32.359 --> 0:26:35.760
<v Speaker 1>the federal side, also with senators, also with elected officials

0:26:35.760 --> 0:26:37.879
<v Speaker 1>in the House, and I want to make sure that

0:26:38.119 --> 0:26:40.680
<v Speaker 1>we push from the bottom up and the top down

0:26:40.960 --> 0:26:42.679
<v Speaker 1>to ensure that we have the best chance to make

0:26:42.680 --> 0:26:45.040
<v Speaker 1>this happen. Ultimately, when it comes down to it, if

0:26:45.080 --> 0:26:47.520
<v Speaker 1>we have to, we'll go to Article five, we will

0:26:47.560 --> 0:26:50.240
<v Speaker 1>go and we'll rewrite the Constitution. That's how much power

0:26:50.280 --> 0:26:52.800
<v Speaker 1>the states have in the United States of America. Mm hm,

0:26:52.920 --> 0:26:55.080
<v Speaker 1>that's juicy. I want to I want to talk more

0:26:55.080 --> 0:26:58.240
<v Speaker 1>about that. We so much more to dig into here.

0:26:58.240 --> 0:27:00.960
<v Speaker 1>But I love the bottom up coach because bitcoin is

0:27:01.040 --> 0:27:04.280
<v Speaker 1>decentralized technology and so like I really applaud what they

0:27:04.280 --> 0:27:06.440
<v Speaker 1>did in El Salvador have been working with those people,

0:27:06.440 --> 0:27:08.080
<v Speaker 1>and they started in the local community. Didn't try to

0:27:08.119 --> 0:27:10.480
<v Speaker 1>go to the president. They started the local community. Finally

0:27:10.520 --> 0:27:12.119
<v Speaker 1>that it got so big the president and said, what

0:27:12.160 --> 0:27:15.200
<v Speaker 1>the heck is going on there? Oh, shoot, we should

0:27:15.280 --> 0:27:17.280
<v Speaker 1>take that nationally. And so it's pretty interesting how they

0:27:17.320 --> 0:27:19.320
<v Speaker 1>did that. You're listening to the Mark mos Show. I'm

0:27:19.320 --> 0:27:22.439
<v Speaker 1>in the studio with Dennis Porter. We're talking about politics

0:27:22.560 --> 0:27:25.880
<v Speaker 1>and bitcoin, some fun things, some fun things that don't

0:27:25.920 --> 0:27:28.120
<v Speaker 1>need to go together. I want to talk about Article five,

0:27:28.160 --> 0:27:30.240
<v Speaker 1>how we can change the Constitution. Will be right back

0:27:30.240 --> 0:27:32.480
<v Speaker 1>with that. Don't go away, all right, Welcome back. You

0:27:32.520 --> 0:27:34.720
<v Speaker 1>are listening to the Mark Moss Show. We're talking about

0:27:34.920 --> 0:27:38.280
<v Speaker 1>the intersection of politics, finance, and technology. We're talking about

0:27:38.280 --> 0:27:42.439
<v Speaker 1>the decentralized revolution that is bitcoin. I'm in the studio

0:27:42.560 --> 0:27:44.359
<v Speaker 1>right now with Dennis Porter. You can find them on

0:27:44.400 --> 0:27:49.040
<v Speaker 1>Twitter at Dennis Underscore Porter Underscore. And we've been we've

0:27:49.080 --> 0:27:50.800
<v Speaker 1>been digging and covered a lot of good stuff. It's

0:27:50.840 --> 0:27:54.439
<v Speaker 1>been fun. Now before the break, Dennis, you said that, uh,

0:27:54.720 --> 0:27:57.480
<v Speaker 1>if we don't get our way through voting, then we

0:27:57.480 --> 0:28:00.600
<v Speaker 1>can always take it to uh Article five and constitution.

0:28:00.640 --> 0:28:03.080
<v Speaker 1>So break that down. What do you mean by that right? So,

0:28:03.400 --> 0:28:05.439
<v Speaker 1>because we live in a republic, it's just a very

0:28:05.480 --> 0:28:10.520
<v Speaker 1>different governance model. It's very decentralized compared to all governance

0:28:10.560 --> 0:28:13.240
<v Speaker 1>models for nation states throughout history. It's part of the

0:28:13.240 --> 0:28:16.760
<v Speaker 1>reason why the United States has been so successful. Um.

0:28:16.800 --> 0:28:19.000
<v Speaker 1>But before we get to the you know what exactly

0:28:19.040 --> 0:28:21.119
<v Speaker 1>an Article five is the reason why we would go

0:28:21.200 --> 0:28:23.359
<v Speaker 1>to that is because if we are not able on

0:28:23.400 --> 0:28:26.399
<v Speaker 1>the federal side to get them to pass bitcoin as

0:28:26.480 --> 0:28:29.199
<v Speaker 1>legal tender and to remove capital gains tax and just

0:28:29.280 --> 0:28:31.720
<v Speaker 1>make this money it's it should be money. It's money.

0:28:31.840 --> 0:28:33.480
<v Speaker 1>It should be treated like money, just like the dollar,

0:28:33.600 --> 0:28:35.960
<v Speaker 1>just like gold, just like silver. UM. And we need

0:28:36.000 --> 0:28:37.359
<v Speaker 1>to make sure that we are headed. Like I said

0:28:37.359 --> 0:28:39.360
<v Speaker 1>in the beginning of the show, we want to go

0:28:39.360 --> 0:28:41.320
<v Speaker 1>to the same direction as El Salvador. We do not

0:28:41.360 --> 0:28:43.560
<v Speaker 1>want to go to the direction of the CCP UM.

0:28:43.600 --> 0:28:46.200
<v Speaker 1>But if the federal government doesn't get on board, if

0:28:46.200 --> 0:28:49.760
<v Speaker 1>we can't convince enough, what does it policy makers in

0:28:49.840 --> 0:28:51.480
<v Speaker 1>the House and the Senate to be a part of

0:28:51.480 --> 0:28:54.320
<v Speaker 1>what we're doing. Which I've had great conversations which would

0:28:54.320 --> 0:28:56.520
<v Speaker 1>make me believe that we can move that direction. But

0:28:56.680 --> 0:28:59.240
<v Speaker 1>let's say we can't worst case scenario, what we're gonna

0:28:59.240 --> 0:29:01.760
<v Speaker 1>be doing is we're gonna be passing bitcoin legal tender

0:29:01.880 --> 0:29:04.680
<v Speaker 1>on a state by state basis, and once we get

0:29:04.720 --> 0:29:07.000
<v Speaker 1>to enough states, we can call for what is an

0:29:07.120 --> 0:29:10.600
<v Speaker 1>Article five. We can have a constitutional convention that is

0:29:10.960 --> 0:29:14.080
<v Speaker 1>completely outside of the control of the federal government. Every

0:29:14.120 --> 0:29:17.000
<v Speaker 1>state legislator votes if they would like to go to

0:29:17.040 --> 0:29:19.920
<v Speaker 1>an Article five, and then once we do, we can

0:29:19.960 --> 0:29:22.040
<v Speaker 1>go there and we can make whatever changes we want

0:29:22.080 --> 0:29:25.480
<v Speaker 1>to see. So obviously anybody can introduce an amendment during

0:29:25.480 --> 0:29:27.680
<v Speaker 1>this process. It can be very messy, but it is

0:29:27.720 --> 0:29:31.800
<v Speaker 1>the ultimate backup, is the ultimate backup plan for this

0:29:31.840 --> 0:29:34.479
<v Speaker 1>process if the federal government doesn't get on board with us.

0:29:34.520 --> 0:29:36.640
<v Speaker 1>So I really see it as this kind of like

0:29:36.840 --> 0:29:38.640
<v Speaker 1>we have the ace in the whole if we can't

0:29:38.640 --> 0:29:40.560
<v Speaker 1>get the federal government on board with what we're doing.

0:29:41.240 --> 0:29:43.680
<v Speaker 1>How has that been used in the past. It's it's

0:29:43.720 --> 0:29:45.320
<v Speaker 1>rarely ever been used. I don't think it's ever been

0:29:45.400 --> 0:29:47.600
<v Speaker 1>used for many, many years. But there is already a

0:29:47.600 --> 0:29:51.440
<v Speaker 1>movement underway to push it forward because there are several

0:29:51.480 --> 0:29:54.280
<v Speaker 1>other groups that want to get this done. We already

0:29:54.280 --> 0:29:56.880
<v Speaker 1>have seventeen states as of today who want to go

0:29:56.920 --> 0:29:59.560
<v Speaker 1>to an Article five. We only need thirty four to

0:29:59.640 --> 0:30:02.920
<v Speaker 1>get there. So if we can get thirty four states

0:30:03.320 --> 0:30:05.680
<v Speaker 1>to vote to go to an Article five constitutional convention,

0:30:05.880 --> 0:30:08.040
<v Speaker 1>we can go there and amend the Constitution. I would

0:30:08.120 --> 0:30:11.600
<v Speaker 1>honestly also probably encourage us to take out the seventeenth Amendment,

0:30:11.720 --> 0:30:14.640
<v Speaker 1>which put the vote for a senator up to the

0:30:14.680 --> 0:30:17.120
<v Speaker 1>people instead of the legislator. One of the main reasons

0:30:17.120 --> 0:30:18.840
<v Speaker 1>why that was so critical was it helped with the

0:30:18.840 --> 0:30:21.560
<v Speaker 1>decentralized nature of our governance model. UM. So I want

0:30:21.560 --> 0:30:24.680
<v Speaker 1>to decentralize our power in this government by getting rid

0:30:24.680 --> 0:30:26.640
<v Speaker 1>of the seventeenth Amendment. But I the key one is

0:30:26.680 --> 0:30:29.080
<v Speaker 1>making sure we adopt a coin as legal tender. Yeah.

0:30:29.120 --> 0:30:31.080
<v Speaker 1>I was actually talking about that earlier on one of

0:30:31.080 --> 0:30:34.320
<v Speaker 1>my other segments. UM, I was talking about the democracy

0:30:34.400 --> 0:30:36.760
<v Speaker 1>and and in Canada, and I was explaining how, yeah,

0:30:36.800 --> 0:30:38.400
<v Speaker 1>the US is not a democracy, the U s is

0:30:38.400 --> 0:30:40.960
<v Speaker 1>a republic. Most people don't realize that. Um, if you

0:30:40.960 --> 0:30:43.040
<v Speaker 1>grew up saying the Pledge of Allegiance, then you should

0:30:43.080 --> 0:30:46.240
<v Speaker 1>should understand that, and how it's a decentralized government, and

0:30:46.400 --> 0:30:50.160
<v Speaker 1>how really under that, under that type of decentralized government,

0:30:50.560 --> 0:30:53.440
<v Speaker 1>the president really shouldn't matter that much to us, Right,

0:30:53.800 --> 0:30:55.560
<v Speaker 1>no one should really care about the president, because the

0:30:55.560 --> 0:30:57.760
<v Speaker 1>presidents have much power over our direct lives. Really, they

0:30:57.760 --> 0:31:02.400
<v Speaker 1>deal with some international stuff. Today everything's federal, right, everything

0:31:02.440 --> 0:31:04.440
<v Speaker 1>has become federal, So now it affects US. And and

0:31:04.680 --> 0:31:06.720
<v Speaker 1>the one problem that I have with that is it

0:31:06.720 --> 0:31:10.600
<v Speaker 1>takes away what I consider the most important ingredient that

0:31:10.680 --> 0:31:15.560
<v Speaker 1>defeats authoritarianism, and that's competition. And so if I don't

0:31:15.600 --> 0:31:17.880
<v Speaker 1>like California, I could move to Texas, and if enough

0:31:17.920 --> 0:31:20.080
<v Speaker 1>people go to Texas, it changes Um. And if I

0:31:20.080 --> 0:31:21.320
<v Speaker 1>don't like the US, I can go to go to

0:31:21.320 --> 0:31:23.040
<v Speaker 1>El Salvador. Right, we vote with our feet, vote with

0:31:23.040 --> 0:31:26.000
<v Speaker 1>our money. But when they make everything federal, it takes

0:31:26.000 --> 0:31:28.720
<v Speaker 1>that away. And so like, hey, if you like super

0:31:28.760 --> 0:31:31.640
<v Speaker 1>strict gun rights, uh, then live in a state that

0:31:31.680 --> 0:31:33.840
<v Speaker 1>does that. Um. If you like a place that wants

0:31:33.880 --> 0:31:36.920
<v Speaker 1>a sanctuary cities and and uh gives everybody free money,

0:31:37.080 --> 0:31:39.080
<v Speaker 1>go there. But then let's see how it plays out

0:31:39.120 --> 0:31:42.040
<v Speaker 1>against another state that doesn't offer that right. Um. And

0:31:42.080 --> 0:31:44.440
<v Speaker 1>I guess that's kind of what you're thinking. It's exactly

0:31:44.480 --> 0:31:46.440
<v Speaker 1>what I was thinking. It was funny as you were

0:31:46.480 --> 0:31:49.520
<v Speaker 1>saying the word competition. I was writing it down as

0:31:49.560 --> 0:31:53.080
<v Speaker 1>a note on my piece of paper. Competition is critical.

0:31:53.520 --> 0:31:55.920
<v Speaker 1>We need to make sure that the government is competing

0:31:55.920 --> 0:32:00.400
<v Speaker 1>against itself for voters, for capital, for business, for enterprise

0:32:00.480 --> 0:32:03.360
<v Speaker 1>to come to their states. And when we take the

0:32:03.480 --> 0:32:05.920
<v Speaker 1>power away from the states and we suck it into

0:32:05.920 --> 0:32:09.160
<v Speaker 1>the federal government, it removes the level of competition that

0:32:09.200 --> 0:32:11.440
<v Speaker 1>we have today. That's why I'm such a big proponent

0:32:11.520 --> 0:32:14.560
<v Speaker 1>of bitcoin, because it takes away the states, or it

0:32:14.600 --> 0:32:17.120
<v Speaker 1>should say, the federal government's ultimate power, which is the

0:32:17.120 --> 0:32:19.640
<v Speaker 1>ability to print unlimited money and to decide where that

0:32:19.720 --> 0:32:22.520
<v Speaker 1>unlimited money is spent. We need way more focus on

0:32:22.640 --> 0:32:25.320
<v Speaker 1>states and individual states, not the federal government. So I

0:32:25.360 --> 0:32:27.920
<v Speaker 1>hant a percent agree with you? Yeah, I do too.

0:32:27.920 --> 0:32:29.520
<v Speaker 1>I just I don't want that to be a political

0:32:29.600 --> 0:32:35.000
<v Speaker 1>issue like um that one side would be partisan to like. Nope,

0:32:35.080 --> 0:32:37.000
<v Speaker 1>we need to have unlimited money and we need to

0:32:37.000 --> 0:32:38.560
<v Speaker 1>be able to print as much as we can. It's

0:32:38.600 --> 0:32:42.480
<v Speaker 1>like that that that one I guess that someone could

0:32:42.480 --> 0:32:45.520
<v Speaker 1>control the money supply and just print that will seems

0:32:45.640 --> 0:32:48.080
<v Speaker 1>ridiculous in the first place. I'm going to think that

0:32:47.880 --> 0:32:50.560
<v Speaker 1>that's to one side or the other seems ridiculous. And

0:32:50.600 --> 0:32:53.840
<v Speaker 1>so um, massive change if if that will happen now. Um,

0:32:54.120 --> 0:32:56.120
<v Speaker 1>one more thing and we'll talk about is that, Um,

0:32:56.520 --> 0:32:59.960
<v Speaker 1>you know, in in countries like Africa, or in countries

0:33:00.000 --> 0:33:03.840
<v Speaker 1>like Al Salvador, Venezuela, Argentina has massive inflation inflation going on,

0:33:04.040 --> 0:33:07.080
<v Speaker 1>there's a there's a massive urgency to move into something

0:33:07.120 --> 0:33:08.520
<v Speaker 1>else where you're not going to lose your money. So

0:33:08.560 --> 0:33:11.680
<v Speaker 1>there's this need for bitcoin if your authoritarian government's gonna

0:33:12.080 --> 0:33:14.920
<v Speaker 1>uh seize your accounts like the Taliban and Afghanistan for example,

0:33:14.960 --> 0:33:17.680
<v Speaker 1>there's a need to go into bitcoin. In the West,

0:33:17.720 --> 0:33:20.760
<v Speaker 1>primarily you know, North America and Western Europe. Most people

0:33:20.920 --> 0:33:24.360
<v Speaker 1>say like, but what's the need, Like what's the use case? Right? Um?

0:33:24.400 --> 0:33:27.320
<v Speaker 1>Even uh Peter Schiff was like, uh, you know, there's

0:33:27.360 --> 0:33:29.760
<v Speaker 1>there's just no use case right um, which is a

0:33:29.840 --> 0:33:34.800
<v Speaker 1>very like American centric I think view. Um. But today, well,

0:33:34.800 --> 0:33:37.200
<v Speaker 1>I should say, over the last three weeks, uh, we've

0:33:37.240 --> 0:33:40.719
<v Speaker 1>seen Canada and now rest of the Ukraine proving exactly

0:33:40.720 --> 0:33:43.160
<v Speaker 1>why we need that. And so um, when the when

0:33:43.160 --> 0:33:46.000
<v Speaker 1>the government tells you don't do drugs, they're bad, that

0:33:46.040 --> 0:33:48.560
<v Speaker 1>doesn't make you want to go do drugs, right they're bad?

0:33:48.960 --> 0:33:50.560
<v Speaker 1>Of course, their war and drugs doesn't do anything to

0:33:50.600 --> 0:33:52.520
<v Speaker 1>stop drugs. When they say that you don't have the

0:33:52.600 --> 0:33:54.520
<v Speaker 1>right to store your wealth in a way we can't

0:33:54.520 --> 0:33:57.080
<v Speaker 1>steal from you, it kind of makes you want to

0:33:57.120 --> 0:34:00.400
<v Speaker 1>do that. They're kind of almost doing the marketing for us.

0:34:00.520 --> 0:34:03.200
<v Speaker 1>What's your thoughts on that. I mean, I'm a very

0:34:03.480 --> 0:34:06.560
<v Speaker 1>I'm very opposed to any sort of prohibition. I think

0:34:06.640 --> 0:34:10.439
<v Speaker 1>that prohibition historically just never works at all. We've seen

0:34:10.520 --> 0:34:13.719
<v Speaker 1>it with um, not only the war on drugs, but

0:34:13.800 --> 0:34:17.560
<v Speaker 1>the prohibition of alcohol. It led to increase in consumption

0:34:17.600 --> 0:34:19.880
<v Speaker 1>and also led to the mafia being built off of that,

0:34:19.920 --> 0:34:22.000
<v Speaker 1>because that's how the mafia and the cartels are funded

0:34:22.120 --> 0:34:24.719
<v Speaker 1>is off of these illegal illicit trades. And so it

0:34:24.719 --> 0:34:26.560
<v Speaker 1>doesn't make sense to ban things. If you end up

0:34:26.560 --> 0:34:29.239
<v Speaker 1>banning bitcoin, it's not gonna go away. People are just

0:34:29.239 --> 0:34:32.600
<v Speaker 1>gonna use it anyways, and all you're doing is incentivizing

0:34:32.640 --> 0:34:36.400
<v Speaker 1>the creation of better network tools on the bitcoin network

0:34:36.560 --> 0:34:39.000
<v Speaker 1>that enable people to use it outside of government eyes,

0:34:39.040 --> 0:34:41.280
<v Speaker 1>out of government control. So you you just can't stop

0:34:41.280 --> 0:34:43.680
<v Speaker 1>this technology. And that's why it's just better to get

0:34:43.880 --> 0:34:46.000
<v Speaker 1>on board, and it's better to start adopting it as

0:34:46.080 --> 0:34:48.719
<v Speaker 1>legal tender. It's better to start incentivizing miners to come,

0:34:48.719 --> 0:34:51.359
<v Speaker 1>an industry to come, because you can't win this game.

0:34:51.360 --> 0:34:54.560
<v Speaker 1>It's a lose lose game. Bitcoin is anti fragile and

0:34:54.600 --> 0:34:57.160
<v Speaker 1>people deserve and really I think it's very American in

0:34:57.160 --> 0:35:00.520
<v Speaker 1>the sense to people should have the rights to store

0:35:00.560 --> 0:35:02.799
<v Speaker 1>their wealth and whatever asset they want. We're not talking

0:35:02.800 --> 0:35:05.239
<v Speaker 1>about drugs here, we're not talking about weapons. This is

0:35:05.280 --> 0:35:07.319
<v Speaker 1>just a safe way to store your money. And to

0:35:07.440 --> 0:35:09.760
<v Speaker 1>think that governments could try to ban it, it's nuts. Lastly,

0:35:09.800 --> 0:35:13.319
<v Speaker 1>on your point about Canada and Russia, it came right

0:35:13.360 --> 0:35:15.279
<v Speaker 1>after the Super Bowl, right, and everyone was like, man,

0:35:15.320 --> 0:35:17.600
<v Speaker 1>there wasn't really any good bitcoin super Bowl ads, but

0:35:17.640 --> 0:35:20.280
<v Speaker 1>we didn't need them because governments give the best ads

0:35:20.440 --> 0:35:25.120
<v Speaker 1>of all time for bitcoin. Yeah. Yeah, and uh, you know,

0:35:25.239 --> 0:35:28.439
<v Speaker 1>it's uh, it's also kind of proving that even out today.

0:35:28.480 --> 0:35:30.200
<v Speaker 1>I was earlier on one of my segments to reading

0:35:30.239 --> 0:35:32.800
<v Speaker 1>some of the news and there was a headline obviously

0:35:32.840 --> 0:35:35.280
<v Speaker 1>we're seeing that they're you know, trying to impose sanctions

0:35:35.280 --> 0:35:37.920
<v Speaker 1>even on cryptocurrencies, which of course you know, it's very difficult.

0:35:37.960 --> 0:35:40.400
<v Speaker 1>You can you can impose them on a centralized exchange.

0:35:40.800 --> 0:35:43.560
<v Speaker 1>But there was a headline that said um met a

0:35:43.640 --> 0:35:48.680
<v Speaker 1>mask and Infuria are now blocking Ethereum transactions. So Infuria

0:35:48.920 --> 0:35:50.920
<v Speaker 1>is basically the company that runs like all the nodes

0:35:51.000 --> 0:35:53.440
<v Speaker 1>for ethereum, and now they're censoring them. And so again

0:35:53.800 --> 0:35:57.480
<v Speaker 1>back to you know, bitcoin and crypto one being decentralized

0:35:57.760 --> 0:36:00.640
<v Speaker 1>um ethereum supposedly, but look what they're doing with that.

0:36:00.719 --> 0:36:03.560
<v Speaker 1>And so to your point, they talked a lot about crypto,

0:36:04.120 --> 0:36:08.719
<v Speaker 1>but now now they're doing all this this bitcoin um advertising.

0:36:09.080 --> 0:36:11.160
<v Speaker 1>You're listening to the Mark Mos Show. Of course, if

0:36:11.200 --> 0:36:13.600
<v Speaker 1>you're just tuning in, we're listening. We're talking about politics

0:36:13.840 --> 0:36:16.920
<v Speaker 1>and bitcoin, two things that probably shouldn't go together, but

0:36:16.960 --> 0:36:18.840
<v Speaker 1>we're discussing how that works. I'm in the studio with

0:36:18.920 --> 0:36:21.160
<v Speaker 1>Dennis Porter. You can find them on Twitter at Dennis

0:36:21.239 --> 0:36:25.680
<v Speaker 1>underscore port or underscore, and we're talking about how the really,

0:36:25.960 --> 0:36:28.279
<v Speaker 1>as I say all the time, how bitcoin, how technology

0:36:28.400 --> 0:36:31.239
<v Speaker 1>changes the way that we organized communicate, and that's what

0:36:31.400 --> 0:36:35.640
<v Speaker 1>changes the world. It's the decentralized revolution. Dennis has been

0:36:35.640 --> 0:36:38.919
<v Speaker 1>talking about how we can change politics in a decentralized

0:36:38.960 --> 0:36:43.200
<v Speaker 1>fashion from the ground up local level, to the state level,

0:36:43.320 --> 0:36:46.920
<v Speaker 1>and then eventually to the federal level. Give him a follow,

0:36:47.000 --> 0:36:49.160
<v Speaker 1>say something on Twitter. Reach out to me. I'm number

0:36:49.520 --> 0:36:53.719
<v Speaker 1>at number one, Mark moss at one, Mark moss Um.

0:36:53.760 --> 0:36:56.280
<v Speaker 1>That's what we got for you today. I appreciate you listening.

0:36:56.320 --> 0:36:57.799
<v Speaker 1>I'll be back with more later. Thanks,