1 00:00:00,280 --> 00:00:04,080 Speaker 1: Hello, and welcome to another episode of the Mark Mo Show. 2 00:00:04,160 --> 00:00:07,560 Speaker 1: I'm bringing you the latest information on bitcoin and cryptocurrencies 3 00:00:07,600 --> 00:00:12,960 Speaker 1: and the decentralized revolution. It's the biggest opportunity you'll ever see. 4 00:00:13,360 --> 00:00:14,920 Speaker 1: I have to take a pause when I say that, 5 00:00:15,000 --> 00:00:17,840 Speaker 1: because I know that's a big claim. I get it. 6 00:00:18,160 --> 00:00:21,119 Speaker 1: I understand you're listening to me. Some some of you 7 00:00:21,200 --> 00:00:22,919 Speaker 1: are believing me because you've made a bunch of money 8 00:00:22,920 --> 00:00:24,720 Speaker 1: and you see what it's gonna do. And some of 9 00:00:24,760 --> 00:00:26,720 Speaker 1: you think it's a scam, a joke of a fat 10 00:00:26,760 --> 00:00:30,560 Speaker 1: a fraud, whatever, and you're laughing. Um, but if you'd 11 00:00:30,600 --> 00:00:32,720 Speaker 1: just check your bias at the door and allow me 12 00:00:32,840 --> 00:00:35,239 Speaker 1: just to kind of tell you some things, maybe you'll 13 00:00:35,320 --> 00:00:38,720 Speaker 1: change your mind. Um doesn't cost anything to hang out 14 00:00:38,760 --> 00:00:41,280 Speaker 1: with me each and every week, but it could sure 15 00:00:41,280 --> 00:00:45,000 Speaker 1: as heck make you something. So just approach with an 16 00:00:45,000 --> 00:00:47,200 Speaker 1: open mind, because, like I said, it is the biggest 17 00:00:47,200 --> 00:00:50,440 Speaker 1: opportunity that you'll ever see. It's literally changing the world 18 00:00:50,720 --> 00:00:52,640 Speaker 1: now a lot of times, especially you know, when I 19 00:00:52,680 --> 00:00:55,360 Speaker 1: touch to people in America and the developed world, Canada, 20 00:00:56,040 --> 00:00:59,800 Speaker 1: et cetera, they say, why why do we need crypto? 21 00:01:00,000 --> 00:01:03,440 Speaker 1: Are in sees like the dollars fine. Isn't it? Isn't 22 00:01:03,440 --> 00:01:05,960 Speaker 1: everything fine? Like the dollar works good? What do I 23 00:01:05,959 --> 00:01:09,080 Speaker 1: need cryptocurrencies for it? But it makes no sense They're worthless? Right, 24 00:01:10,440 --> 00:01:12,720 Speaker 1: So UM, what I'd like to do is, um, I'd 25 00:01:12,760 --> 00:01:14,840 Speaker 1: like to approach this from different angles, and if you 26 00:01:14,840 --> 00:01:17,160 Speaker 1: tune in for the whole show, you get a whole 27 00:01:17,240 --> 00:01:20,560 Speaker 1: wide range of topics regarding this. But I want to 28 00:01:20,640 --> 00:01:24,640 Speaker 1: dig into the why why is this important? Because I 29 00:01:24,680 --> 00:01:27,280 Speaker 1: think if you understand that, then you really be able 30 00:01:27,280 --> 00:01:29,320 Speaker 1: to grasp what's going on. And so some of the 31 00:01:29,360 --> 00:01:32,640 Speaker 1: biggest news that broke out this week, and each week 32 00:01:32,640 --> 00:01:34,200 Speaker 1: I'm bringing you the latest news each week so you 33 00:01:34,240 --> 00:01:37,120 Speaker 1: can stay in touch, so don't don't miss. But this 34 00:01:37,160 --> 00:01:41,800 Speaker 1: week the biggest news was that the United States government, 35 00:01:42,240 --> 00:01:45,320 Speaker 1: the BLS, the Bureau Labor Satistics, has put out the 36 00:01:45,400 --> 00:01:49,200 Speaker 1: new CPI numbers that stands for Consumer Price Index that's 37 00:01:49,240 --> 00:01:52,560 Speaker 1: basically tells us what the inflation is and told us 38 00:01:52,600 --> 00:01:57,200 Speaker 1: that inflation is over six percent, which is a thirty 39 00:01:57,320 --> 00:02:01,040 Speaker 1: year high, the highest it's been in third to years now. 40 00:02:02,520 --> 00:02:04,800 Speaker 1: A lot of you maybe that's not a surprise because 41 00:02:04,800 --> 00:02:07,120 Speaker 1: you've noticed that it cost twice as much to fill 42 00:02:07,160 --> 00:02:10,119 Speaker 1: up your tank with gas, or your stake costs more 43 00:02:10,280 --> 00:02:12,320 Speaker 1: or whatever. So maybe that's not a surprise to some 44 00:02:12,360 --> 00:02:14,040 Speaker 1: of you, and some of them of you, maybe it is. 45 00:02:15,480 --> 00:02:19,960 Speaker 1: But basically, uh, inflation is is a nuanced argument. It 46 00:02:20,000 --> 00:02:22,120 Speaker 1: means a lot of things to a lot of people. 47 00:02:22,600 --> 00:02:26,120 Speaker 1: But I like to go off of Milton Friedman's definition 48 00:02:26,120 --> 00:02:29,120 Speaker 1: of that, and he says that inflation is always in 49 00:02:29,240 --> 00:02:34,560 Speaker 1: everywhere a monetary phenomenon, always in everywhere a monetary phenomenon. 50 00:02:34,680 --> 00:02:38,760 Speaker 1: So inflation is caused by the money supply, That's what 51 00:02:38,760 --> 00:02:43,239 Speaker 1: he's saying. Now, when the money supply increases, it's inflating 52 00:02:43,280 --> 00:02:46,000 Speaker 1: like a balloon, right. You inflate the money supply, and 53 00:02:46,040 --> 00:02:49,000 Speaker 1: when you inflate the money supply, it causes the prices 54 00:02:49,040 --> 00:02:51,519 Speaker 1: of everything else to go up. So that's why he 55 00:02:51,520 --> 00:02:54,600 Speaker 1: says inflation is always a monetary phenomenon. Now you're being 56 00:02:55,600 --> 00:02:59,720 Speaker 1: the media is gaslighting you. I just I've used that 57 00:02:59,840 --> 00:03:01,280 Speaker 1: term for a long time. It started to get more 58 00:03:01,280 --> 00:03:04,200 Speaker 1: and more popular. Gas lighting. I recently had to go 59 00:03:04,639 --> 00:03:06,280 Speaker 1: look it up and figure out what it was. And 60 00:03:06,320 --> 00:03:09,360 Speaker 1: it's from some like old Victorian play where the guy 61 00:03:09,560 --> 00:03:12,720 Speaker 1: was turning down the gas lamps on his wife and 62 00:03:12,800 --> 00:03:15,120 Speaker 1: she was thinking it was like nighttime, and he was 63 00:03:15,160 --> 00:03:17,360 Speaker 1: telling her it wasn't and he was like making her 64 00:03:17,400 --> 00:03:19,760 Speaker 1: insane by doing that. And that's what the media does 65 00:03:19,800 --> 00:03:22,240 Speaker 1: to us, the gas lighting us. They're saying, what you 66 00:03:22,320 --> 00:03:27,120 Speaker 1: see isn't really what you see? What you here isn't really. No, no, no, 67 00:03:27,160 --> 00:03:29,280 Speaker 1: it's not that. It's not that, but it's like, no 68 00:03:29,520 --> 00:03:31,600 Speaker 1: it is, I mean I see it. No no, no, 69 00:03:31,680 --> 00:03:33,440 Speaker 1: you don't see it. It's not what it is. Kind 70 00:03:33,440 --> 00:03:35,560 Speaker 1: of like that's that's where the term gaslighting comes from. 71 00:03:35,560 --> 00:03:37,600 Speaker 1: Just like the play and that's exactly what's going on. 72 00:03:37,680 --> 00:03:41,280 Speaker 1: And so you know, um, they are leaders now are 73 00:03:41,360 --> 00:03:44,160 Speaker 1: leaders now say that the inflation, the CPI is six 74 00:03:45,960 --> 00:03:49,080 Speaker 1: But that's gas lighting because as I said, like the 75 00:03:49,200 --> 00:03:54,960 Speaker 1: gas in my car is double stakes up um use 76 00:03:55,040 --> 00:03:58,720 Speaker 1: cars are up thirty five percent, natural gas is up 77 00:03:58,720 --> 00:04:04,320 Speaker 1: eight uh, lumbers up three um fertilizer which of course 78 00:04:04,320 --> 00:04:07,760 Speaker 1: fertilizers needed to grow food is up a thousand percent. 79 00:04:08,520 --> 00:04:14,080 Speaker 1: So huh six percent? Where did they get that number? Well, 80 00:04:14,400 --> 00:04:18,120 Speaker 1: they get that number by manipulating the numbers. Okay, so 81 00:04:18,960 --> 00:04:20,440 Speaker 1: before I get into the manipulating, but let me tell 82 00:04:20,480 --> 00:04:23,719 Speaker 1: you why you should care about this. So as the 83 00:04:23,839 --> 00:04:26,440 Speaker 1: money supply goes up, it makes the price of all 84 00:04:26,480 --> 00:04:30,159 Speaker 1: the goods and services go up. As I just said, gas, steak, milk, 85 00:04:30,400 --> 00:04:35,520 Speaker 1: real estate, et cetera. It's not really a matter of 86 00:04:35,680 --> 00:04:39,080 Speaker 1: everything getting more expensive or your home becoming more valuable. 87 00:04:39,560 --> 00:04:43,320 Speaker 1: What's happening is the dollars are becoming worth less and 88 00:04:43,400 --> 00:04:45,800 Speaker 1: less and less. So every time they print more dollars, 89 00:04:46,279 --> 00:04:49,480 Speaker 1: the existing dollars are worth less. And so when they 90 00:04:49,480 --> 00:04:52,320 Speaker 1: say that we have six percent inflation, let's just let's 91 00:04:52,360 --> 00:04:57,719 Speaker 1: just use their numbers. That means in five years, six 92 00:04:57,800 --> 00:05:01,960 Speaker 1: times five is thirty. If I'm good at math, there's 93 00:05:01,960 --> 00:05:06,160 Speaker 1: a thirty loss and purchasing power. So that means if 94 00:05:06,160 --> 00:05:09,159 Speaker 1: you had a hundred thousand dollars in the bank today, 95 00:05:09,480 --> 00:05:11,600 Speaker 1: in five years from now, you would still have a 96 00:05:11,680 --> 00:05:14,279 Speaker 1: hundred thousand in the bank, but it would only buy 97 00:05:14,320 --> 00:05:17,400 Speaker 1: you seventy thousand dollars worth of goods and services in 98 00:05:17,440 --> 00:05:20,760 Speaker 1: today's value. So you're still have the same amount of 99 00:05:20,800 --> 00:05:25,080 Speaker 1: dollars in the bank, but they buy less, they're worth less. 100 00:05:25,120 --> 00:05:28,120 Speaker 1: And so what's happening is when the government's printing all 101 00:05:28,200 --> 00:05:30,360 Speaker 1: this money, and so now the Biden admin is trying 102 00:05:30,400 --> 00:05:32,800 Speaker 1: to push through another uh, you know, three and a 103 00:05:32,839 --> 00:05:34,920 Speaker 1: half trillion dollars infrastructre spending. Now they're trying to get 104 00:05:34,960 --> 00:05:37,160 Speaker 1: downf to two trillion dollars. But every time they print 105 00:05:37,200 --> 00:05:42,080 Speaker 1: another trillion, it just steals literally robs you of your 106 00:05:42,080 --> 00:05:44,160 Speaker 1: purchasing power. And so that's a big deal. So when 107 00:05:44,160 --> 00:05:46,400 Speaker 1: they say it's six, that's what that means to you. 108 00:05:46,800 --> 00:05:49,560 Speaker 1: That means they're taking your purchasing power. And the problem 109 00:05:49,640 --> 00:05:54,000 Speaker 1: is is that this the government has gotten themselves into 110 00:05:54,040 --> 00:05:57,920 Speaker 1: this very sticky situation where now we have inflation is 111 00:05:58,000 --> 00:06:01,720 Speaker 1: running rampant. They're saying, oh, it's it's transitory, it's gonna 112 00:06:01,760 --> 00:06:04,279 Speaker 1: go away. Um, they're saying that, oh, it's because of 113 00:06:04,360 --> 00:06:06,799 Speaker 1: supply chains, and then as as soon as supply chains 114 00:06:06,839 --> 00:06:09,920 Speaker 1: get back, it's going to be fixed. But it's not. 115 00:06:09,960 --> 00:06:11,880 Speaker 1: And I'm gonna I'm gonna explain to you why that's 116 00:06:11,920 --> 00:06:14,599 Speaker 1: not the case. Before I do that, I just want 117 00:06:14,600 --> 00:06:22,000 Speaker 1: to explain this is why bitcoin, right. Inflation is always 118 00:06:22,080 --> 00:06:25,760 Speaker 1: a monetary phenomenon. It's always caused by the inflation of 119 00:06:25,800 --> 00:06:31,080 Speaker 1: the money supply. Nobody should have the power to steal 120 00:06:31,360 --> 00:06:33,320 Speaker 1: wealth from me or you. No one should have the 121 00:06:33,320 --> 00:06:36,479 Speaker 1: power to do that. That's theft. So the government knows 122 00:06:36,560 --> 00:06:38,880 Speaker 1: that they can only raise taxes so much before the 123 00:06:38,880 --> 00:06:41,760 Speaker 1: people revolt, and uh and and and throw, you know, 124 00:06:41,800 --> 00:06:44,799 Speaker 1: throw a fit here. So you know, fifty percent maybe 125 00:06:44,800 --> 00:06:47,800 Speaker 1: if they can tax the rich at sixty percent, but 126 00:06:47,839 --> 00:06:50,560 Speaker 1: I mean before too much, you know, people are going 127 00:06:50,600 --> 00:06:53,000 Speaker 1: to flip out. And uh, you know about half the 128 00:06:53,000 --> 00:06:55,080 Speaker 1: people in the United States don't pay taxes anyway, net 129 00:06:55,360 --> 00:06:58,520 Speaker 1: net taxes anyway. And so what they do is, instead 130 00:06:58,560 --> 00:07:02,440 Speaker 1: of raising taxes, they steal from you a different way, 131 00:07:02,680 --> 00:07:06,520 Speaker 1: and that's by printing themselves more money. And not only 132 00:07:06,560 --> 00:07:08,839 Speaker 1: does not only do they steal value from them yourselves 133 00:07:08,839 --> 00:07:11,600 Speaker 1: that way, but then they print more money for themselves, 134 00:07:11,600 --> 00:07:13,240 Speaker 1: they give it to the banks. The banks give it 135 00:07:13,280 --> 00:07:15,400 Speaker 1: to their Wall Street buddies like black Rock, and then 136 00:07:15,440 --> 00:07:18,120 Speaker 1: black Rock takes that money and go buys all the 137 00:07:18,200 --> 00:07:23,480 Speaker 1: single family homes across America at thirty five over the 138 00:07:23,520 --> 00:07:26,520 Speaker 1: market value. So not only are they stealing the value 139 00:07:26,520 --> 00:07:29,880 Speaker 1: from your money, then the money by printing it. Then 140 00:07:29,880 --> 00:07:32,000 Speaker 1: they give that printed money to black Rock. They pushed 141 00:07:32,000 --> 00:07:33,920 Speaker 1: the price of real estate up. So now two things happened. 142 00:07:33,960 --> 00:07:36,680 Speaker 1: One but they stole money from you and pushed the 143 00:07:36,680 --> 00:07:39,520 Speaker 1: price of real estate up and made your dollars buy 144 00:07:39,600 --> 00:07:42,080 Speaker 1: less at the same time. It's a double whammy. My 145 00:07:42,200 --> 00:07:46,280 Speaker 1: dollars less and homes went up at the same time. 146 00:07:46,840 --> 00:07:50,080 Speaker 1: I'm getting screwed from both ends. No one should have 147 00:07:50,120 --> 00:07:53,679 Speaker 1: the ability to do that. As long as one group 148 00:07:53,680 --> 00:07:56,480 Speaker 1: of people have to trade their time for money and 149 00:07:56,520 --> 00:07:59,000 Speaker 1: another group of people have a money printer, he leads 150 00:07:59,040 --> 00:08:03,040 Speaker 1: to slavery every single time. And that's why bitcoin. I 151 00:08:03,080 --> 00:08:06,240 Speaker 1: want to get more into what they're doing to to 152 00:08:06,320 --> 00:08:08,280 Speaker 1: kind of steal your wealth. I want to tell you 153 00:08:08,480 --> 00:08:10,320 Speaker 1: a report that came out by the I m F. 154 00:08:10,720 --> 00:08:12,840 Speaker 1: The I m F is actually they're kind of like 155 00:08:12,880 --> 00:08:15,680 Speaker 1: the central bank above central banks. Um, there's a report 156 00:08:15,680 --> 00:08:18,600 Speaker 1: that came out I want to tell you about. But 157 00:08:18,640 --> 00:08:22,440 Speaker 1: then I want to tell you how we can not 158 00:08:22,560 --> 00:08:26,920 Speaker 1: only protect ourselves from this, but actually how we can 159 00:08:27,040 --> 00:08:31,280 Speaker 1: benefit from this at the same time. UM, you might 160 00:08:31,320 --> 00:08:33,360 Speaker 1: have a little hint, but that's what I'm gonna tell you. 161 00:08:33,400 --> 00:08:35,160 Speaker 1: By the way, you're listening to the Mark Moa show, 162 00:08:35,400 --> 00:08:38,160 Speaker 1: we're talking about bitcoin, We're talking about cryptocurrencies. You know, 163 00:08:38,200 --> 00:08:41,720 Speaker 1: we're talking about this decentralized revolution, and really I'm focusing 164 00:08:41,720 --> 00:08:45,240 Speaker 1: on why why should we even care. Why is this 165 00:08:45,280 --> 00:08:48,520 Speaker 1: opportunity so big? Why will it change the world? And 166 00:08:49,000 --> 00:08:50,960 Speaker 1: why should you be listening to anything that I'm saying. 167 00:08:51,240 --> 00:08:54,240 Speaker 1: So I want to tell you about that because I think, Um, 168 00:08:54,280 --> 00:08:57,960 Speaker 1: if you understand that, then you can understand how big 169 00:08:58,000 --> 00:09:00,000 Speaker 1: it is. You know, then you'll look past all these people. 170 00:09:00,120 --> 00:09:02,200 Speaker 1: Let's say it's a scam, it's a joke, it's audits 171 00:09:02,240 --> 00:09:06,800 Speaker 1: or whatever, whatever, whatever, um, but it's that big um. 172 00:09:06,920 --> 00:09:08,240 Speaker 1: And you know, a lot of people think that we 173 00:09:08,280 --> 00:09:11,120 Speaker 1: need inflation, we need the money supply to grow. If 174 00:09:11,160 --> 00:09:13,160 Speaker 1: the money supply doesn't grow, how does the economy grow? 175 00:09:13,240 --> 00:09:16,079 Speaker 1: They say, Well, I would just ask those people one 176 00:09:16,080 --> 00:09:20,520 Speaker 1: simple question, would you rather And I'll ask you, would 177 00:09:20,520 --> 00:09:23,600 Speaker 1: you rather your money that you've worked for and saved. 178 00:09:23,679 --> 00:09:25,840 Speaker 1: Would you rather your money buy more goods and services 179 00:09:25,880 --> 00:09:28,640 Speaker 1: in the future, or would you rather your money by 180 00:09:28,880 --> 00:09:32,439 Speaker 1: less goods and services in the future. And of course 181 00:09:32,559 --> 00:09:35,160 Speaker 1: the answer is we want more, which of course is 182 00:09:35,200 --> 00:09:37,800 Speaker 1: why we don't want inflation, which is why we don't 183 00:09:37,840 --> 00:09:40,000 Speaker 1: want which why we won't bitcoin. You listen to the 184 00:09:40,000 --> 00:09:43,000 Speaker 1: Markmas Show. I'll be right back, all right, welcome back. 185 00:09:43,040 --> 00:09:45,319 Speaker 1: You are listening to the markma Show, and we're talking 186 00:09:45,360 --> 00:09:49,439 Speaker 1: about bitcoin. We're talking about cryptocurrencies. We're talking about this 187 00:09:49,440 --> 00:09:52,880 Speaker 1: this entire you know crypto revolution that you hear so 188 00:09:53,000 --> 00:09:56,800 Speaker 1: much about. We're talking about, um, all these digital tokens. This, 189 00:09:56,880 --> 00:09:58,960 Speaker 1: this is the whole revolution and what I'm really focusing 190 00:09:58,960 --> 00:10:01,200 Speaker 1: on before we went to the brake, because it's focusing 191 00:10:01,240 --> 00:10:05,320 Speaker 1: on why, why do we need it? What? What? What's 192 00:10:05,320 --> 00:10:08,440 Speaker 1: the importance of it? Because you know, it all comes 193 00:10:08,480 --> 00:10:10,600 Speaker 1: back down to, you know, why it's important to you. 194 00:10:11,280 --> 00:10:13,720 Speaker 1: It said, you know, one man's trash is another man's treasure. 195 00:10:14,120 --> 00:10:15,800 Speaker 1: I don't like it when someone say it's it's not 196 00:10:15,840 --> 00:10:18,080 Speaker 1: worth anything, because it might not be worth anything to you, 197 00:10:18,160 --> 00:10:20,520 Speaker 1: but it should. You know, sure it's heck worth something 198 00:10:20,559 --> 00:10:22,680 Speaker 1: to me or two to other people. But the only 199 00:10:22,720 --> 00:10:24,120 Speaker 1: the only people that would say that it's not worth 200 00:10:24,120 --> 00:10:26,840 Speaker 1: anything or people that don't understand it. And so um 201 00:10:26,840 --> 00:10:29,960 Speaker 1: we were talking about before the break, how inflation at 202 00:10:29,960 --> 00:10:32,680 Speaker 1: a new thirty year high over six percent, but for 203 00:10:32,760 --> 00:10:36,400 Speaker 1: the consumer Price Index, but it's really way higher. Um. 204 00:10:36,679 --> 00:10:39,560 Speaker 1: They've they've changed that CPI number multiple times. They changed 205 00:10:39,559 --> 00:10:41,240 Speaker 1: in the eighties to change in the nineties. If we 206 00:10:41,280 --> 00:10:43,679 Speaker 1: went back to how they calculated in the nies, were 207 00:10:43,720 --> 00:10:47,080 Speaker 1: at over fifteen percent inflation, but even that's low. UM. 208 00:10:47,120 --> 00:10:49,040 Speaker 1: It affects this differently. But you know, gas at the 209 00:10:49,040 --> 00:10:52,080 Speaker 1: pumps up fifty right, homes are up UM, and so 210 00:10:52,200 --> 00:10:54,320 Speaker 1: it affects us differently. And the reason why is because 211 00:10:54,320 --> 00:10:58,240 Speaker 1: they're printing so much money um and they're you know, 212 00:10:58,320 --> 00:11:00,720 Speaker 1: they're basically stealing from you what they're doing when they're 213 00:11:00,720 --> 00:11:04,920 Speaker 1: printing that money. Now, what happens is any any nation, 214 00:11:04,960 --> 00:11:08,120 Speaker 1: any government does this towards the end, as they're losing 215 00:11:08,160 --> 00:11:10,800 Speaker 1: their grip at the end of the empire, they impose 216 00:11:10,920 --> 00:11:15,120 Speaker 1: something called capital controls. And the capital controls are basically 217 00:11:15,160 --> 00:11:17,800 Speaker 1: a way that they do what they say, they control 218 00:11:17,880 --> 00:11:21,520 Speaker 1: the capital, meaning they don't allow you to move the 219 00:11:21,640 --> 00:11:24,440 Speaker 1: money in or out of the market because they need 220 00:11:24,440 --> 00:11:27,920 Speaker 1: to control it. So what happens is, if you know, 221 00:11:27,960 --> 00:11:31,040 Speaker 1: you're in Venezuela, that's a good example of hyper inflation 222 00:11:31,080 --> 00:11:33,079 Speaker 1: where the money is like literally losing you know, just 223 00:11:33,320 --> 00:11:37,800 Speaker 1: inflated by a year. The money is losing value so 224 00:11:37,960 --> 00:11:40,160 Speaker 1: fast you have to go out multiple times a day 225 00:11:40,200 --> 00:11:43,120 Speaker 1: to buy goods and services because it's like it's it's 226 00:11:43,160 --> 00:11:45,600 Speaker 1: literally going up that fast. And so what they do 227 00:11:46,000 --> 00:11:47,760 Speaker 1: people are like I need to I need to get 228 00:11:47,840 --> 00:11:51,760 Speaker 1: rid of these um Venezuelan dollars, believe ours as fast 229 00:11:51,800 --> 00:11:54,400 Speaker 1: as I can, and so I'll exchange them for for 230 00:11:54,520 --> 00:11:56,840 Speaker 1: US dollars because US dollars aren't aren't losing their value 231 00:11:56,840 --> 00:11:58,680 Speaker 1: that bad. And so what they do and the more 232 00:11:58,720 --> 00:12:01,680 Speaker 1: people that would leave the UH Venezuelan dollar to go 233 00:12:01,720 --> 00:12:04,320 Speaker 1: to the American dollar, um, the more people that do that, 234 00:12:04,400 --> 00:12:07,720 Speaker 1: the faster the Venezuelan dollar drops, and they have less 235 00:12:07,760 --> 00:12:10,040 Speaker 1: control over it. And so they do something called capital 236 00:12:10,040 --> 00:12:12,920 Speaker 1: controls to lock you in so you don't have a 237 00:12:13,000 --> 00:12:15,520 Speaker 1: way out. There's no life raft for you. You're going 238 00:12:15,600 --> 00:12:19,040 Speaker 1: down with the ship, they say, right, and so let 239 00:12:19,040 --> 00:12:21,120 Speaker 1: me give you some examples of how they do this. 240 00:12:21,200 --> 00:12:25,439 Speaker 1: So um in in in pretty much every every nation 241 00:12:25,480 --> 00:12:28,040 Speaker 1: in the world has a central bank. The central bank 242 00:12:28,679 --> 00:12:31,559 Speaker 1: prints the money stealing from us. And then above all 243 00:12:31,559 --> 00:12:33,680 Speaker 1: the nation's central bank, there's the i m F, the 244 00:12:33,720 --> 00:12:37,199 Speaker 1: International Monetary Fund. It was founded back in under the 245 00:12:37,200 --> 00:12:39,680 Speaker 1: Breton Woods Agreement when the entire world agreed to go 246 00:12:39,720 --> 00:12:42,319 Speaker 1: on the a global monetary system under the gold standard. 247 00:12:42,720 --> 00:12:44,080 Speaker 1: And so the i m F kind of sets like 248 00:12:44,120 --> 00:12:47,760 Speaker 1: global monetary policy, and there's a there's a paper that 249 00:12:47,800 --> 00:12:50,199 Speaker 1: I was reading this week, and it was written back 250 00:12:50,280 --> 00:12:54,439 Speaker 1: in January two thousand and fifteen from the I m F. 251 00:12:54,480 --> 00:12:59,880 Speaker 1: It's called the Liquidation of Government Debt, the liquidation of government. 252 00:13:00,240 --> 00:13:02,720 Speaker 1: Just think about that title for a second. So it 253 00:13:02,760 --> 00:13:04,480 Speaker 1: says here the summary, I'm going to read it directly 254 00:13:04,520 --> 00:13:08,400 Speaker 1: from their from their thing quote it high public debt 255 00:13:08,559 --> 00:13:14,000 Speaker 1: often produces the drama of default and restructuring. Okay, So 256 00:13:14,200 --> 00:13:15,800 Speaker 1: what they're saying is, when you have a lot of debt, 257 00:13:16,480 --> 00:13:18,880 Speaker 1: there's a greater than average chance that you might default 258 00:13:18,920 --> 00:13:21,000 Speaker 1: or have to restructure it. Okay, sure it makes sense, 259 00:13:21,480 --> 00:13:26,160 Speaker 1: it says, but debt is also reduced through financial repression. 260 00:13:27,160 --> 00:13:31,000 Speaker 1: Keyword there, financial repression. I'll explain that more so, the 261 00:13:31,040 --> 00:13:34,640 Speaker 1: debts reduced through financial repression. It's a tax on bond 262 00:13:34,640 --> 00:13:43,360 Speaker 1: holders and savers via negative or below market real interest rates. Okay, 263 00:13:43,400 --> 00:13:47,240 Speaker 1: so it's a tax on bond holders and savers. So 264 00:13:47,280 --> 00:13:50,640 Speaker 1: if you're saving money in your bank account, then there 265 00:13:50,640 --> 00:13:52,920 Speaker 1: it's a tax on you because they're printing money, they're 266 00:13:52,960 --> 00:13:54,960 Speaker 1: stealing the value of the dollars in your bank account. 267 00:13:55,200 --> 00:13:58,880 Speaker 1: But also if you're a bondholder, so most people that 268 00:13:58,920 --> 00:14:02,280 Speaker 1: are using financial visors today have something known as a 269 00:14:02,400 --> 00:14:07,720 Speaker 1: sixty forty portfolio, goes into stocks, goes into bonds. Well 270 00:14:08,280 --> 00:14:12,360 Speaker 1: they do that. They've put you into thatt split so 271 00:14:12,720 --> 00:14:15,480 Speaker 1: they can steal money from you. This is what they're saying, 272 00:14:15,600 --> 00:14:18,120 Speaker 1: Let me go on. It says after World War Two, 273 00:14:18,160 --> 00:14:22,680 Speaker 1: capital controls and regulatory restrictions created a captive audience for 274 00:14:22,800 --> 00:14:27,720 Speaker 1: government debt. Let me read that again. Capital controls and 275 00:14:27,760 --> 00:14:32,200 Speaker 1: regulatory restrictions created a captive audience for government debt, limiting 276 00:14:32,280 --> 00:14:36,200 Speaker 1: tax based erosion. So again, capital controls are forcing you 277 00:14:36,280 --> 00:14:38,680 Speaker 1: to stay in a captive audience. They won't allow you 278 00:14:38,720 --> 00:14:41,800 Speaker 1: to get out and save yourself. It says. Financial repression 279 00:14:41,880 --> 00:14:47,200 Speaker 1: is most successful in liquidating debt when accompanied by inflation. 280 00:14:47,960 --> 00:14:50,720 Speaker 1: So inflation they print money and make sure thatways worth less. 281 00:14:50,760 --> 00:14:53,720 Speaker 1: And then what they're doing is below real interest rates. 282 00:14:53,720 --> 00:14:55,520 Speaker 1: So what does that mean? So when you're buying bonds, 283 00:14:55,920 --> 00:14:57,960 Speaker 1: you buy the bonds, which is government debt. So the 284 00:14:57,960 --> 00:15:00,080 Speaker 1: government wants to borrow money, they issue a bond, and 285 00:15:00,200 --> 00:15:01,880 Speaker 1: you buy the bond. They agree to pay you the 286 00:15:01,880 --> 00:15:05,120 Speaker 1: money back plus interest. Right right now, today, a tenure 287 00:15:05,360 --> 00:15:07,560 Speaker 1: um treasury bond is paying you about one and a 288 00:15:07,560 --> 00:15:10,720 Speaker 1: half percent one point five percent ish um. And so 289 00:15:11,280 --> 00:15:14,240 Speaker 1: if I guarantee or I give the government my money, um, 290 00:15:14,320 --> 00:15:16,160 Speaker 1: here you go ten years, you have it. You give 291 00:15:16,200 --> 00:15:18,360 Speaker 1: me my principal back plus one point five percent interest. 292 00:15:18,600 --> 00:15:23,400 Speaker 1: But inflation is six point five percent, So I'm making 293 00:15:23,520 --> 00:15:26,960 Speaker 1: one point five percent, but I'm losing six five percent, 294 00:15:27,040 --> 00:15:31,680 Speaker 1: which means I'm actually losing net five percent of my money. 295 00:15:31,720 --> 00:15:35,120 Speaker 1: So basically what's happening is I'm paying the government to 296 00:15:35,160 --> 00:15:38,880 Speaker 1: borrow my money. Instead of them paying me, I'm literally 297 00:15:39,200 --> 00:15:43,040 Speaker 1: paying them. Does that make sense? Because it's negative yielding, 298 00:15:43,280 --> 00:15:47,160 Speaker 1: I'm actually losing more, so they're paying me back with 299 00:15:47,160 --> 00:15:51,680 Speaker 1: with weaker currency, and so they're basically created this trap 300 00:15:51,720 --> 00:15:54,360 Speaker 1: that is for the International Monetary funds paper and so 301 00:15:54,640 --> 00:15:58,280 Speaker 1: all these financial advisors have been basically kind of hired 302 00:15:58,320 --> 00:16:00,840 Speaker 1: put together by by the everyone is by the central 303 00:16:00,840 --> 00:16:04,600 Speaker 1: banks to put you into the sixty forty splits um, 304 00:16:04,680 --> 00:16:07,080 Speaker 1: so all your money is tied up in the bond 305 00:16:07,120 --> 00:16:10,480 Speaker 1: market so they can punish both savors in their own words, 306 00:16:10,600 --> 00:16:16,720 Speaker 1: financial repression, both savers and both bond holders. That's why 307 00:16:16,760 --> 00:16:21,400 Speaker 1: bitcoin is here. Bitcoin is the life raft. Bitcoin is 308 00:16:21,480 --> 00:16:25,280 Speaker 1: the release valve. If you don't like the value of 309 00:16:25,320 --> 00:16:28,920 Speaker 1: your dollars being stolen from your savings account, which I don't. 310 00:16:29,000 --> 00:16:30,680 Speaker 1: I don't. I can't imagin anybody likes that. They just 311 00:16:30,720 --> 00:16:33,080 Speaker 1: don't know about it. If you don't like the idea 312 00:16:33,120 --> 00:16:36,520 Speaker 1: of your your financial advisor pushing you into a into 313 00:16:36,520 --> 00:16:39,280 Speaker 1: a bond portfolio that's literally losing money and designed to 314 00:16:39,320 --> 00:16:42,400 Speaker 1: steal your wealth, which again I can't imagine you would, 315 00:16:42,600 --> 00:16:45,520 Speaker 1: Well you don't have another option? Well you do. I mean, 316 00:16:45,600 --> 00:16:48,880 Speaker 1: I suppose you could buy um, you know stocks, right, 317 00:16:48,920 --> 00:16:52,520 Speaker 1: but still they're still deflating, they're still stealing the value 318 00:16:52,520 --> 00:16:55,800 Speaker 1: from that. And that's why bitcoin. Bitcoin gives us that 319 00:16:55,880 --> 00:16:59,120 Speaker 1: release valve, It gives us that way to get outside 320 00:16:59,120 --> 00:17:03,680 Speaker 1: of it. Stocurrencies do that, um and and that's exactly 321 00:17:03,680 --> 00:17:07,679 Speaker 1: why China made cryptocurrency is illegal. Um about you know, 322 00:17:07,720 --> 00:17:10,479 Speaker 1: five six months ago. They're in really bad shape. I'm 323 00:17:10,480 --> 00:17:12,080 Speaker 1: not gonna get super deep into China, but they're in 324 00:17:12,160 --> 00:17:16,040 Speaker 1: really bad shape. And they do not want people escaping 325 00:17:16,040 --> 00:17:19,080 Speaker 1: out of their currency because as more and more people escape, 326 00:17:19,160 --> 00:17:21,840 Speaker 1: the faster the currency goes, and then it pushes, so 327 00:17:21,920 --> 00:17:24,159 Speaker 1: people build the dollar go to bitcoin, Bitcoin goes up, 328 00:17:24,200 --> 00:17:26,680 Speaker 1: and the dog goes down. Well, people are like, well, shoot, 329 00:17:26,720 --> 00:17:28,600 Speaker 1: I'll go to bitcoin, which pushes up the dog goes down, 330 00:17:28,840 --> 00:17:30,720 Speaker 1: and then the more that people do it, the faster 331 00:17:30,800 --> 00:17:34,159 Speaker 1: it goes and eventually it's out of control. That's how 332 00:17:34,200 --> 00:17:36,280 Speaker 1: fast it's. Uh, it's one of those things that starts 333 00:17:36,320 --> 00:17:39,040 Speaker 1: to spiral out of control. Once it starts, you can't 334 00:17:39,040 --> 00:17:42,679 Speaker 1: really put the genie back in the bottle. And that 335 00:17:42,760 --> 00:17:44,920 Speaker 1: is why bitcoin. Hopefully that makes sense. Now, I want 336 00:17:44,920 --> 00:17:46,480 Speaker 1: to tell you one other thing. I don't tell you 337 00:17:46,520 --> 00:17:50,639 Speaker 1: about the supply chains because this the CPI number, the 338 00:17:50,640 --> 00:17:53,800 Speaker 1: six and a half percent inflation. Um, it's not going away. 339 00:17:53,840 --> 00:17:55,520 Speaker 1: They're blaming it on supply chains, and I want to 340 00:17:55,560 --> 00:17:57,800 Speaker 1: explain to you why that's not the case so you 341 00:17:57,800 --> 00:18:00,560 Speaker 1: can better understand why we need something and like bitcoin 342 00:18:00,600 --> 00:18:04,000 Speaker 1: cryptocurrencies to have that alternative. By the way, you're listening 343 00:18:04,000 --> 00:18:06,119 Speaker 1: to the Mark Ma Show where I talk to you 344 00:18:06,119 --> 00:18:09,199 Speaker 1: about bitcoin and cryptocurrencies and the decentralized revolution, bring you 345 00:18:09,200 --> 00:18:12,160 Speaker 1: the information you need to benefit from the largest wealth 346 00:18:12,200 --> 00:18:16,760 Speaker 1: transfer we will ever see in our lifetimes and multiple lifetimes. Again, 347 00:18:16,760 --> 00:18:19,600 Speaker 1: it's the Mark Ma Show. I'll be right back, all right, 348 00:18:19,640 --> 00:18:21,760 Speaker 1: welcome back. You are listening to the Mark Ma Show 349 00:18:21,800 --> 00:18:25,720 Speaker 1: and we're talking about bitcoin and cryptocurrencies and the decentralized 350 00:18:25,800 --> 00:18:30,240 Speaker 1: revolution that's taking the world by storm. And you know, 351 00:18:30,280 --> 00:18:32,720 Speaker 1: there's so many angles. It's such a big subject. It's 352 00:18:32,760 --> 00:18:36,440 Speaker 1: such a big topic. I've been researching and writing and 353 00:18:36,480 --> 00:18:39,520 Speaker 1: speaking and talking about this for seven years and it 354 00:18:39,560 --> 00:18:43,040 Speaker 1: never gets old because it's changing so fast. And the 355 00:18:43,200 --> 00:18:45,760 Speaker 1: more that I learned, the more that I realized that 356 00:18:45,800 --> 00:18:49,880 Speaker 1: I don't know. And so each and every week I'm 357 00:18:49,920 --> 00:18:52,040 Speaker 1: coming at it from a totally different angle, with a 358 00:18:52,080 --> 00:18:55,000 Speaker 1: totally different way to look at it. And the more 359 00:18:55,080 --> 00:18:57,680 Speaker 1: angles you have, the more ways that you can look 360 00:18:57,720 --> 00:19:00,640 Speaker 1: at it, the better equipped you'll be to take advantage 361 00:19:00,640 --> 00:19:03,600 Speaker 1: of what's really going on. And so I come to 362 00:19:03,680 --> 00:19:05,679 Speaker 1: each and every week, grab your phone, pull out a 363 00:19:06,119 --> 00:19:08,080 Speaker 1: pull out your phone, put a calendar reminder at this time, 364 00:19:08,160 --> 00:19:10,320 Speaker 1: this day, this channel, and I'll be back with you 365 00:19:10,440 --> 00:19:12,760 Speaker 1: each and every week. UM, and I think it's going 366 00:19:12,840 --> 00:19:15,359 Speaker 1: to be the most profitable part of your week. Now. 367 00:19:15,640 --> 00:19:19,520 Speaker 1: Before the break, I was talking about, um, why why 368 00:19:19,640 --> 00:19:21,480 Speaker 1: do we even need this, because there's a lot of 369 00:19:21,480 --> 00:19:24,000 Speaker 1: people have that question. It's stupid, it's pointless, it makes 370 00:19:24,000 --> 00:19:25,879 Speaker 1: no sense, it's a waste of Time's a waste of 371 00:19:25,880 --> 00:19:28,760 Speaker 1: money whatever, blah blah blah. Well, um, it may be 372 00:19:28,880 --> 00:19:31,320 Speaker 1: worthless to you, but it's it's not worthless um to 373 00:19:31,320 --> 00:19:34,119 Speaker 1: everybody else. And so I was trying to explain one 374 00:19:34,200 --> 00:19:37,480 Speaker 1: of the one of the many, many reasons why uh 375 00:19:37,560 --> 00:19:41,359 Speaker 1: it's important. So we're talking about this week, the government, 376 00:19:41,440 --> 00:19:43,919 Speaker 1: the United States government put out the CPI numbers, the 377 00:19:43,920 --> 00:19:48,000 Speaker 1: consumer price inflation numbers, consumer Price Index numbers, which shows 378 00:19:48,000 --> 00:19:50,359 Speaker 1: the inflation it's at a thirty year high over six percent. 379 00:19:50,600 --> 00:19:53,679 Speaker 1: And how I was explaining how that's basically theft. Basically 380 00:19:53,680 --> 00:19:56,480 Speaker 1: that means your dollars are just buying less goods and services. 381 00:19:57,520 --> 00:19:59,480 Speaker 1: And I went on to explain how they use capital 382 00:19:59,480 --> 00:20:02,400 Speaker 1: controls to lock you in the system, and how the 383 00:20:02,560 --> 00:20:04,920 Speaker 1: i m F published a report that says that that's 384 00:20:04,920 --> 00:20:10,000 Speaker 1: actually their stated goal. They're literally uh keeping you trapped 385 00:20:10,080 --> 00:20:12,840 Speaker 1: so they can continue to steal your wealth um, not 386 00:20:12,920 --> 00:20:15,480 Speaker 1: only through inflation, which robs your savings, but also through 387 00:20:15,520 --> 00:20:18,080 Speaker 1: negative yielding bonds, and so they're stealing from your bonds 388 00:20:18,080 --> 00:20:20,000 Speaker 1: as well. So if you're with a financial advisor and 389 00:20:20,040 --> 00:20:23,840 Speaker 1: they're putting you in a sixty forty uh portfolio, I 390 00:20:23,840 --> 00:20:27,000 Speaker 1: would recommend to find a new financial advisor. But moving 391 00:20:27,000 --> 00:20:30,160 Speaker 1: on from that, I wanted to talk about something which 392 00:20:30,280 --> 00:20:34,200 Speaker 1: was I used the term gas lighting before. The media 393 00:20:34,200 --> 00:20:36,600 Speaker 1: has always gas lighting us. They're telling us what we see, 394 00:20:36,640 --> 00:20:38,720 Speaker 1: what we hear, um is not what we see and 395 00:20:38,720 --> 00:20:41,840 Speaker 1: what we hear and so um they're saying, you know, nah, 396 00:20:42,160 --> 00:20:44,960 Speaker 1: inflation is not a problem. It's it's fine, it's fine, 397 00:20:45,400 --> 00:20:47,120 Speaker 1: but like, meanwhile, it's like twice as much to fill 398 00:20:47,160 --> 00:20:49,360 Speaker 1: up your tank. Um. And now what they're telling us 399 00:20:49,680 --> 00:20:52,840 Speaker 1: is that the the inflations transitory is gonna go away. 400 00:20:53,200 --> 00:20:55,639 Speaker 1: And the reason why it's because it's about the supply chains. 401 00:20:56,040 --> 00:20:58,960 Speaker 1: And once the supply chains get fixed, then everything's gonna 402 00:20:58,960 --> 00:21:03,320 Speaker 1: be okay, and uh, inflation goes away. And I would 403 00:21:03,400 --> 00:21:07,680 Speaker 1: say that's gas lighting. They're lying to your face, or 404 00:21:07,720 --> 00:21:11,160 Speaker 1: they're just ignorant, they don't know. Um. Thankfully for you, 405 00:21:11,800 --> 00:21:13,639 Speaker 1: I'm not and I can break it down to you 406 00:21:13,720 --> 00:21:15,439 Speaker 1: really really easier. So let me let me tell you 407 00:21:15,480 --> 00:21:17,040 Speaker 1: how this works and let me tell you why this 408 00:21:17,119 --> 00:21:20,240 Speaker 1: is not the case. So they want to say that 409 00:21:20,280 --> 00:21:23,000 Speaker 1: the supply chains are uh, you know, we have we 410 00:21:23,040 --> 00:21:25,480 Speaker 1: have massive price inflation because we can't get enough goods 411 00:21:25,520 --> 00:21:28,680 Speaker 1: and services. We can't get enough goods and services because 412 00:21:28,680 --> 00:21:31,080 Speaker 1: the supply chains are are breaking down. And they say 413 00:21:31,119 --> 00:21:34,000 Speaker 1: it's logistical. They can't get enough boats in the harbor, 414 00:21:34,040 --> 00:21:36,960 Speaker 1: they can't unload the cartons fast enough from the boats, 415 00:21:37,000 --> 00:21:39,640 Speaker 1: they don't have enough trucks to pick up the cartons, etcetera. 416 00:21:39,840 --> 00:21:42,400 Speaker 1: And so it's a logistical problem. It's not a it's 417 00:21:42,400 --> 00:21:46,919 Speaker 1: not an inflation problem. It's a logistical problem. But the 418 00:21:47,000 --> 00:21:50,639 Speaker 1: reason why we have a logistical problem is because of 419 00:21:50,680 --> 00:21:54,480 Speaker 1: the inflation. So let me explain. So, first off, you 420 00:21:54,520 --> 00:21:57,520 Speaker 1: have to understand that money is a lot of things, 421 00:21:57,600 --> 00:22:00,480 Speaker 1: but one thing that money is is it's it's commune unication. 422 00:22:00,680 --> 00:22:05,120 Speaker 1: Money communicates value. And so in the United States, million 423 00:22:05,160 --> 00:22:08,600 Speaker 1: people in the world, almost eight billion people globally. UM. 424 00:22:08,720 --> 00:22:10,800 Speaker 1: Right here, UM, in my hand as I'm talking to 425 00:22:10,960 --> 00:22:14,359 Speaker 1: is my iPhone, and my iPhone probably has thousands and 426 00:22:14,400 --> 00:22:16,639 Speaker 1: thousands of parts inside of there, from the glass to 427 00:22:16,720 --> 00:22:19,560 Speaker 1: the microchips, to the processors, to the boards, to the plastic. 428 00:22:19,560 --> 00:22:22,000 Speaker 1: I mean, you name it, right, thousands of parts and 429 00:22:22,080 --> 00:22:23,800 Speaker 1: each one of those parts is made by thousands of 430 00:22:23,880 --> 00:22:26,560 Speaker 1: vendors who are have thousands of vendors they work with. 431 00:22:26,680 --> 00:22:28,840 Speaker 1: So from all the way from the raw materials, the 432 00:22:29,960 --> 00:22:32,120 Speaker 1: minerals coming out of the ground, and the person takes 433 00:22:32,119 --> 00:22:33,840 Speaker 1: it and puts it into a chip, and that chip 434 00:22:33,920 --> 00:22:35,960 Speaker 1: goes into a board, and that board goes into a harness, 435 00:22:36,000 --> 00:22:37,840 Speaker 1: and that and on and on and on right, So 436 00:22:37,920 --> 00:22:41,200 Speaker 1: how is it that the exact product that I need 437 00:22:41,560 --> 00:22:44,480 Speaker 1: shows up on the shelf when I need it? How 438 00:22:44,600 --> 00:22:48,120 Speaker 1: is all these people coordinating? How do they all coordinate? 439 00:22:48,119 --> 00:22:50,440 Speaker 1: Are they all like in one giant message board? They're 440 00:22:50,440 --> 00:22:52,199 Speaker 1: all like in a Twitter or like a discord or 441 00:22:52,240 --> 00:22:55,879 Speaker 1: something like? How do they coordinate? All that? Simple that 442 00:22:56,000 --> 00:22:59,399 Speaker 1: do with the price. The price is the signal. Money 443 00:22:59,440 --> 00:23:02,200 Speaker 1: is the community. Asian the prices the signal. So when 444 00:23:02,200 --> 00:23:04,560 Speaker 1: the prices go up, Let's say that I'm eating I 445 00:23:04,640 --> 00:23:08,439 Speaker 1: love vanilla ice cream, UM, but today I want chocolate. 446 00:23:08,520 --> 00:23:10,480 Speaker 1: I don't know why, I just want chocolate. Well, if 447 00:23:10,600 --> 00:23:13,480 Speaker 1: enough people go buy chocolate, the price of chocolate will 448 00:23:13,520 --> 00:23:16,800 Speaker 1: go up, and two things will happen. One people buy 449 00:23:16,920 --> 00:23:20,520 Speaker 1: less of that, and two manufacturers go, shoot, we better 450 00:23:20,520 --> 00:23:23,480 Speaker 1: buy make more chocolate. So what we typically say is 451 00:23:23,520 --> 00:23:26,879 Speaker 1: that high prices are the cure for high prices. So 452 00:23:27,000 --> 00:23:31,040 Speaker 1: right now, UM prices are going up. Everyone's buying as 453 00:23:31,080 --> 00:23:33,320 Speaker 1: much stuff as they can, and the prices are going 454 00:23:33,480 --> 00:23:35,920 Speaker 1: up and we can't get it in the country fast enough. Well, 455 00:23:36,240 --> 00:23:38,200 Speaker 1: as the prices go up, it should be the cure, 456 00:23:38,600 --> 00:23:41,800 Speaker 1: so people would buy less and manufacturers would make more. 457 00:23:42,119 --> 00:23:45,600 Speaker 1: But two problems are here. One, the United States government 458 00:23:45,600 --> 00:23:49,960 Speaker 1: has dumped about eight trillion dollars of fake fiat counterfeit 459 00:23:50,000 --> 00:23:52,200 Speaker 1: money into the system. They just poured a big old 460 00:23:52,240 --> 00:23:55,240 Speaker 1: thing of gas onto a fire. And so when prices 461 00:23:55,280 --> 00:23:57,760 Speaker 1: go up, people should buy less. But people aren't buying 462 00:23:57,840 --> 00:24:00,480 Speaker 1: less because people don't care because people got eight trillion 463 00:24:00,480 --> 00:24:04,240 Speaker 1: dollars dumped onto their head. So that mechanism, the signal 464 00:24:04,440 --> 00:24:07,320 Speaker 1: is gone. And then on the other side of the equation, 465 00:24:07,680 --> 00:24:10,560 Speaker 1: people can't make more of it because inflation is so 466 00:24:10,640 --> 00:24:15,120 Speaker 1: high that it's it's not real demand, it's artificial demand. 467 00:24:15,480 --> 00:24:18,480 Speaker 1: And now for them to increase their production um, the 468 00:24:18,600 --> 00:24:20,560 Speaker 1: prices are so high it's not worth it for them. 469 00:24:20,880 --> 00:24:23,600 Speaker 1: And also what would happen is they said, well, you 470 00:24:23,640 --> 00:24:25,879 Speaker 1: know this, this this port can only bring in this 471 00:24:25,960 --> 00:24:28,800 Speaker 1: many ships, so let's build a new port. Let's build 472 00:24:28,840 --> 00:24:31,800 Speaker 1: new ships. Well, by the time they got that done, 473 00:24:33,080 --> 00:24:36,720 Speaker 1: it would be what's called mal investment. About investment mal investment. 474 00:24:37,080 --> 00:24:40,440 Speaker 1: And the reason why is because as the prices go up, 475 00:24:40,560 --> 00:24:44,560 Speaker 1: people will be import will be forced to buy less 476 00:24:45,080 --> 00:24:48,600 Speaker 1: uh once and more needs. I'll be focused to buy 477 00:24:48,640 --> 00:24:50,520 Speaker 1: more of the stuff I really need and not as 478 00:24:50,560 --> 00:24:52,679 Speaker 1: much of the stuff I just wanted. But because the 479 00:24:52,680 --> 00:24:54,480 Speaker 1: price will be going so high, I'll still be spending 480 00:24:54,520 --> 00:24:56,600 Speaker 1: more money. So let's say that the US is importing 481 00:24:56,640 --> 00:24:59,359 Speaker 1: a hundred billion dollars a month worth of goods um. 482 00:24:59,400 --> 00:25:01,800 Speaker 1: But what happens is and let's say it's a thousand 483 00:25:01,800 --> 00:25:05,080 Speaker 1: containers a month UM. Let's say that inflation keeps going up, 484 00:25:05,080 --> 00:25:07,359 Speaker 1: and now we're importing a hundred and twenty billion dollars 485 00:25:07,359 --> 00:25:10,360 Speaker 1: worth of goods, but instead of a thousand containers, it's 486 00:25:10,400 --> 00:25:14,400 Speaker 1: only eight hundred containers now. And so those companies went 487 00:25:14,440 --> 00:25:16,600 Speaker 1: and opened up more ports and more ships, but we 488 00:25:16,640 --> 00:25:19,000 Speaker 1: didn't need him. It was bad investment. And the reason 489 00:25:19,040 --> 00:25:20,480 Speaker 1: why it was a bad investment. And the reason why 490 00:25:20,480 --> 00:25:23,719 Speaker 1: people are buying more is because of the money supply, 491 00:25:23,920 --> 00:25:27,159 Speaker 1: because of the inflation. So, uh, they say, it's not 492 00:25:27,200 --> 00:25:29,000 Speaker 1: the it's not it's not the money printing, it's not 493 00:25:29,040 --> 00:25:32,360 Speaker 1: inflation causing it, it's logistics. Well they're they're they're right, 494 00:25:32,920 --> 00:25:36,639 Speaker 1: But what's causing the logistics problem is the question. And 495 00:25:36,680 --> 00:25:42,719 Speaker 1: again that's why bitcoin, that's why having a sound money 496 00:25:42,760 --> 00:25:48,080 Speaker 1: system that cannot be artificially inflated is the most important thing. 497 00:25:49,480 --> 00:25:53,680 Speaker 1: When somebody can print money, create money from thin air, 498 00:25:54,880 --> 00:25:57,080 Speaker 1: it caused these problems. A lot of people think like, uh, 499 00:25:57,359 --> 00:25:59,199 Speaker 1: you know, shoot, let's just lock everybody down in their 500 00:25:59,240 --> 00:26:00,520 Speaker 1: house and we'll just print a bunch of money and 501 00:26:00,520 --> 00:26:03,000 Speaker 1: stand out to everybody. We can just let's just make 502 00:26:03,040 --> 00:26:05,879 Speaker 1: everybody rich. How about how about let's I'll tell you 503 00:26:05,880 --> 00:26:07,879 Speaker 1: what tell you? What tell you? How about everybody in 504 00:26:07,880 --> 00:26:10,240 Speaker 1: the United States tonight. Um, we're gonna put it. We're 505 00:26:10,240 --> 00:26:12,560 Speaker 1: gonna put a billion dollars everybody's bank account. When everybody 506 00:26:12,560 --> 00:26:13,840 Speaker 1: wakes up in the morning, they're gonna have a billion 507 00:26:13,840 --> 00:26:16,160 Speaker 1: dollars in ther bank account. You wouldn't be anymore rich 508 00:26:16,560 --> 00:26:18,679 Speaker 1: because all you have is money. You would have to 509 00:26:18,760 --> 00:26:21,240 Speaker 1: use that money to go buy goods and services, goods 510 00:26:21,240 --> 00:26:24,920 Speaker 1: and services wealth. But what happened is everybody got the 511 00:26:24,960 --> 00:26:27,359 Speaker 1: same amount of money. So now you end up with 512 00:26:27,720 --> 00:26:31,920 Speaker 1: more money chasing the same amount of goods and services. 513 00:26:32,119 --> 00:26:34,320 Speaker 1: And what happens the goods and services go up in 514 00:26:34,440 --> 00:26:37,560 Speaker 1: value and you end up buying the same amount of 515 00:26:37,560 --> 00:26:41,240 Speaker 1: goods and services but for a lot more money. Now. 516 00:26:41,400 --> 00:26:44,400 Speaker 1: It doesn't, of course, happen evenly perfectly smooth like that, 517 00:26:44,640 --> 00:26:46,840 Speaker 1: which is why we see the prices if something's going 518 00:26:46,880 --> 00:26:49,200 Speaker 1: crazier and some things are not as much. Um. That's 519 00:26:49,200 --> 00:26:51,680 Speaker 1: why some parts are harder to get than others, because 520 00:26:51,680 --> 00:26:55,480 Speaker 1: it's not a smooth event. Uh. You can't control the 521 00:26:55,520 --> 00:26:58,320 Speaker 1: economy like that. The economy is organic, The economy is 522 00:26:58,320 --> 00:27:02,840 Speaker 1: a complex system, and so um, these are the problems 523 00:27:02,880 --> 00:27:05,199 Speaker 1: that you have. And this is why going to a 524 00:27:05,359 --> 00:27:09,160 Speaker 1: sound money supply like Bitcoin that nobody can control is important. 525 00:27:09,520 --> 00:27:15,000 Speaker 1: Bitcoin is a decentralized protocol, a decentralized database. Nobody can 526 00:27:15,000 --> 00:27:18,439 Speaker 1: control it. Nobody can create more of it, nobody can 527 00:27:18,480 --> 00:27:20,240 Speaker 1: create less of it. Nobody can do anything. Nobody can 528 00:27:20,280 --> 00:27:22,720 Speaker 1: control that. Nobody can say who gets what right? Like, Uh, 529 00:27:23,040 --> 00:27:25,320 Speaker 1: I used the reference earlier. The banks print up money 530 00:27:25,320 --> 00:27:27,520 Speaker 1: and give it to black Rock. They go by real estate. Um, 531 00:27:27,720 --> 00:27:31,240 Speaker 1: nobody can do that with bitcoin. Hopefully that makes sense. UM, 532 00:27:31,359 --> 00:27:33,119 Speaker 1: I want to get into a couple of things that 533 00:27:33,160 --> 00:27:35,200 Speaker 1: I hear. I get about five thousand comments a week. 534 00:27:35,200 --> 00:27:36,720 Speaker 1: By the way, you're listening to the Mark Ma Show 535 00:27:37,040 --> 00:27:40,280 Speaker 1: talking about bitcoin and decentralized cryptocurrencies. I want to get 536 00:27:40,320 --> 00:27:44,119 Speaker 1: into a couple of the really really really big um 537 00:27:44,320 --> 00:27:47,960 Speaker 1: objections that I hear. We'll talk about, will the government 538 00:27:47,960 --> 00:27:52,320 Speaker 1: make it illegal? Is it a deep state employ and more? 539 00:27:52,640 --> 00:27:54,320 Speaker 1: You're with listening to the Markma Show. I'm gonna be 540 00:27:54,440 --> 00:27:56,960 Speaker 1: right back, Hello and welcome back. You're listening to the 541 00:27:57,000 --> 00:27:59,680 Speaker 1: Mark Ma Show, and we are talking about bitcoin, We're 542 00:27:59,680 --> 00:28:03,959 Speaker 1: talking about cryptocurrencies. We're talking about the de centralized revolution. 543 00:28:04,560 --> 00:28:06,639 Speaker 1: I appreciate you hanging out with me. It's the I'm 544 00:28:06,680 --> 00:28:09,080 Speaker 1: trying to make it the most important, the most profitable 545 00:28:09,119 --> 00:28:13,240 Speaker 1: part of your week. And I can tell you, um, 546 00:28:13,280 --> 00:28:15,320 Speaker 1: it is, it will be, It will be for sure. 547 00:28:15,359 --> 00:28:18,119 Speaker 1: Now I've covered a lot of ground. I can't go 548 00:28:18,160 --> 00:28:20,480 Speaker 1: back and recap everything, but I basically had been talking 549 00:28:20,520 --> 00:28:25,400 Speaker 1: about why why we need this movement to happen, Why 550 00:28:25,520 --> 00:28:28,359 Speaker 1: the current financial system we have is causing all the 551 00:28:28,400 --> 00:28:31,480 Speaker 1: problems that we have today. Um. And so if you 552 00:28:31,600 --> 00:28:34,280 Speaker 1: miss that, you can go back and get some of 553 00:28:34,280 --> 00:28:37,879 Speaker 1: these episodes later on the I Heart podcast Network. Just 554 00:28:38,240 --> 00:28:40,200 Speaker 1: I think you can just google search the Mark Moss 555 00:28:40,240 --> 00:28:42,480 Speaker 1: Show and you'll find those because we went over a 556 00:28:42,520 --> 00:28:44,440 Speaker 1: lot of important stuff. But I wanted to talk about 557 00:28:45,360 --> 00:28:48,160 Speaker 1: some real, big, common objections that I hear. I get 558 00:28:48,160 --> 00:28:50,680 Speaker 1: about five thousand comments a week across my YouTube and 559 00:28:50,920 --> 00:28:53,760 Speaker 1: Twitter and Instagram profiles, and well, I don't read all 560 00:28:53,800 --> 00:28:55,520 Speaker 1: of them. I try to read as many of them 561 00:28:55,520 --> 00:28:57,200 Speaker 1: as I can. If you do want to get ahold 562 00:28:57,200 --> 00:28:59,120 Speaker 1: of me, hit me up on Twitter. Um, just one, 563 00:28:59,160 --> 00:29:01,360 Speaker 1: Mark Moss is the number one. Mark Mos Send me 564 00:29:01,360 --> 00:29:03,600 Speaker 1: a message, tell me you heard me here. Um. But 565 00:29:04,680 --> 00:29:06,800 Speaker 1: you know, I get all these objections. I've heard them 566 00:29:06,840 --> 00:29:09,000 Speaker 1: for years, um, and I want to address a couple 567 00:29:09,080 --> 00:29:11,600 Speaker 1: of those. And so the first one I want to address, 568 00:29:11,640 --> 00:29:13,320 Speaker 1: and this is the biggest one. I tweeted about this, 569 00:29:13,360 --> 00:29:14,920 Speaker 1: I think two days ago. I went pretty viral, got 570 00:29:14,920 --> 00:29:17,479 Speaker 1: like a hundred thousand impressions, and uh, I guess I'm 571 00:29:17,520 --> 00:29:18,880 Speaker 1: not that big of a of a guy on Twitter. 572 00:29:18,920 --> 00:29:22,800 Speaker 1: But um, basically it I was. I was talking about 573 00:29:22,800 --> 00:29:24,680 Speaker 1: this objection and I here all the time is that 574 00:29:25,280 --> 00:29:29,560 Speaker 1: the government is just going to make it illegal. They're 575 00:29:29,600 --> 00:29:32,080 Speaker 1: just going to make it illegal. That's what everybody says. 576 00:29:32,480 --> 00:29:35,800 Speaker 1: That's like they're they're big ha ha gotcha moment, right, 577 00:29:35,880 --> 00:29:37,280 Speaker 1: Like what are you gonna say about that? And so 578 00:29:37,640 --> 00:29:39,600 Speaker 1: um I tweeted out. I said, of all the objections 579 00:29:39,600 --> 00:29:41,920 Speaker 1: to bitcoin, the one that gets me the most is 580 00:29:42,400 --> 00:29:45,680 Speaker 1: but the government will make it illegal. And I said, 581 00:29:46,040 --> 00:29:47,719 Speaker 1: if a billion people don't want it to be illegal, 582 00:29:47,840 --> 00:29:50,440 Speaker 1: then it won't be. Stop being a defeatist and a 583 00:29:50,520 --> 00:29:53,320 Speaker 1: victim of the state. But I want to get in 584 00:29:53,320 --> 00:29:55,320 Speaker 1: a little bit deeper than that, So I tweeted it out. 585 00:29:55,320 --> 00:29:56,440 Speaker 1: But I want to dig in a little bit deeper 586 00:29:56,440 --> 00:29:57,840 Speaker 1: for you. So a couple of things. There's a couple 587 00:29:57,920 --> 00:30:00,200 Speaker 1: angles we can do this. So first of all, stop 588 00:30:00,240 --> 00:30:03,720 Speaker 1: being a defeatist. The government is for the people, by 589 00:30:03,760 --> 00:30:06,680 Speaker 1: the people, elected by the people. If the people don't 590 00:30:06,680 --> 00:30:08,959 Speaker 1: want to be illegal, then it shouldn't be illegal. So 591 00:30:08,960 --> 00:30:12,480 Speaker 1: stop being a victim. Stand up and declare what it 592 00:30:12,520 --> 00:30:16,240 Speaker 1: is that you want. There's over fifty million people in 593 00:30:16,280 --> 00:30:22,000 Speaker 1: the United States that own bitcoin. There's there's hundreds of 594 00:30:22,040 --> 00:30:25,040 Speaker 1: millions around the world. If a billion people don't want 595 00:30:25,040 --> 00:30:28,520 Speaker 1: bitcoin to be illegal, guess what, it ain't gonna be illegal, right, 596 00:30:28,560 --> 00:30:30,600 Speaker 1: So that's the first thing. Stop being a defeatist. Stop 597 00:30:30,600 --> 00:30:32,960 Speaker 1: being a victim. I hate hearing that because basically you're 598 00:30:33,000 --> 00:30:34,880 Speaker 1: just admitting that you're a victim of the state, and 599 00:30:34,920 --> 00:30:37,240 Speaker 1: the state's gonna do whatever they want, all right, But 600 00:30:37,400 --> 00:30:40,200 Speaker 1: let's dig into some more practical stuff. So I want 601 00:30:40,240 --> 00:30:42,080 Speaker 1: to tell you why. I want to tell you why 602 00:30:42,120 --> 00:30:44,640 Speaker 1: they can't make it illegal. I want to tell you 603 00:30:44,640 --> 00:30:47,400 Speaker 1: why they won't make it illegal. And I'm gonna tell 604 00:30:47,400 --> 00:30:50,800 Speaker 1: you why they don't even want to make it illegal. Alright, 605 00:30:50,840 --> 00:30:53,800 Speaker 1: So first see if I can cover all this year, First, 606 00:30:53,880 --> 00:30:57,040 Speaker 1: why they can't all right, So, all they can they 607 00:30:57,080 --> 00:30:59,640 Speaker 1: can't stop bitcoin. What they could do is prevent you 608 00:30:59,680 --> 00:31:01,320 Speaker 1: from getting it. They could say, hey, if we catch 609 00:31:01,320 --> 00:31:03,160 Speaker 1: you with it, you know, life in prisoner will kill 610 00:31:03,160 --> 00:31:04,920 Speaker 1: you on site. Right, they could do that, but they 611 00:31:04,920 --> 00:31:07,120 Speaker 1: can't stop the network. So all they're doing is banning 612 00:31:07,640 --> 00:31:09,840 Speaker 1: their people from using it. But they're not stopping in 613 00:31:09,960 --> 00:31:11,960 Speaker 1: or banning the rest of the world. So they can't 614 00:31:11,960 --> 00:31:14,640 Speaker 1: stop it. Um But I say they can't do it. 615 00:31:14,680 --> 00:31:16,520 Speaker 1: And the reason why it's because bitcoin has reached this 616 00:31:16,600 --> 00:31:19,520 Speaker 1: level of entrenchment that it's just too much today. So 617 00:31:19,600 --> 00:31:24,040 Speaker 1: we have over two dozen high ranking senators and congressmen 618 00:31:24,360 --> 00:31:28,640 Speaker 1: congress people in office right now today that are hardcore bitcoinners. 619 00:31:29,040 --> 00:31:32,920 Speaker 1: So it's it's reached a big level of entrenchment inside 620 00:31:32,960 --> 00:31:35,959 Speaker 1: the government, all right, so they don't want to be illegal. 621 00:31:35,960 --> 00:31:41,720 Speaker 1: Patrick McHenry, Republican, Head of the Financial Services Committee, Cynthony Loomis, 622 00:31:42,000 --> 00:31:43,720 Speaker 1: I mean they're the ones that are pulling the strings here. 623 00:31:43,840 --> 00:31:47,400 Speaker 1: They don't want to be illegal their bitcoinners. Um. So so, 624 00:31:47,400 --> 00:31:50,080 Speaker 1: so it's inside the government, but also it's bigger than that. 625 00:31:50,360 --> 00:31:53,160 Speaker 1: It's outside the government. So um, if you understand how 626 00:31:53,240 --> 00:31:56,120 Speaker 1: the government works, I'm not happy about it's a problem. 627 00:31:56,160 --> 00:32:01,200 Speaker 1: But basically, um, lobbyists people go lobby the government. They 628 00:32:01,200 --> 00:32:04,880 Speaker 1: spend a bunch of money to push their policies and um, 629 00:32:04,920 --> 00:32:06,760 Speaker 1: they you know, spend a bunch of money and they 630 00:32:06,880 --> 00:32:09,760 Speaker 1: author these bills. These lobby groups they author bills and 631 00:32:09,800 --> 00:32:12,520 Speaker 1: give them to the to the lawmakers, and the lawmakers 632 00:32:12,560 --> 00:32:16,480 Speaker 1: just signed them. They co sponsor them. And so it's 633 00:32:16,480 --> 00:32:18,600 Speaker 1: really the lobby groups that wants right in the laws. 634 00:32:19,080 --> 00:32:22,040 Speaker 1: Now guess who guess like what one of the biggest 635 00:32:22,040 --> 00:32:27,200 Speaker 1: groups of lobby are. If you guessed the financial services 636 00:32:27,240 --> 00:32:31,800 Speaker 1: in Wall Street, you'd probably be right. And we now seen, uh, 637 00:32:32,440 --> 00:32:37,920 Speaker 1: most of the big banks Goldman, Sachs, JP, Morgan, Us Bank, Um, 638 00:32:38,040 --> 00:32:41,480 Speaker 1: they all have built bitcoin services. New York Stock Exchange, 639 00:32:41,760 --> 00:32:46,760 Speaker 1: e Trade or tdum, merrit Trade, Venmo, PayPal, They've all 640 00:32:46,800 --> 00:32:50,560 Speaker 1: built out bitcoin services. They spent collectively probably hundreds of 641 00:32:50,600 --> 00:32:54,360 Speaker 1: billions of dollars to build all these services in place. Um, 642 00:32:54,440 --> 00:32:56,920 Speaker 1: the issuers, heck don't want it to be illegal, right, 643 00:32:56,960 --> 00:33:00,360 Speaker 1: so they're going to fight like heck. Right, fifty million people, 644 00:33:00,400 --> 00:33:02,840 Speaker 1: fifty million Americans are gonna fight like heck. The Senator's 645 00:33:02,880 --> 00:33:06,160 Speaker 1: lamakers in government are gonna fight like heck. Um, And 646 00:33:06,280 --> 00:33:08,840 Speaker 1: so I just don't see how they could do it. 647 00:33:09,280 --> 00:33:14,720 Speaker 1: The war would just be too much. Now, let's also 648 00:33:14,760 --> 00:33:18,560 Speaker 1: talk about why they don't want to, Why wouldn't even 649 00:33:18,640 --> 00:33:23,800 Speaker 1: want to. So another approach to this topic. Well, you 650 00:33:23,880 --> 00:33:26,080 Speaker 1: know now, also we've got that e t F approved 651 00:33:26,200 --> 00:33:28,800 Speaker 1: like a co weeks ago. So the e t F 652 00:33:28,880 --> 00:33:32,040 Speaker 1: approved now, um at Wall Street's just too ingrained. The 653 00:33:32,120 --> 00:33:34,400 Speaker 1: government's too ingrained. Now we have nation states that are 654 00:33:34,400 --> 00:33:36,640 Speaker 1: buying it. You know, Now it's a Now it's national security. 655 00:33:36,680 --> 00:33:39,000 Speaker 1: We have to stay in it. Also, the US became 656 00:33:39,040 --> 00:33:41,600 Speaker 1: the largest beneficiary of bitcoin minings when China kicked it 657 00:33:41,640 --> 00:33:43,440 Speaker 1: all out of the country about four or five months ago. 658 00:33:43,920 --> 00:33:45,560 Speaker 1: So those are all reasons why they can't do it. 659 00:33:45,600 --> 00:33:47,959 Speaker 1: But why why would they not want to? Well, Um, 660 00:33:48,040 --> 00:33:51,640 Speaker 1: you know, in March of the economy crashed obviously, right, 661 00:33:51,680 --> 00:33:54,880 Speaker 1: the pandemic happened, and um, the government since then has 662 00:33:55,000 --> 00:33:58,040 Speaker 1: you know, pumped out about eight trillion dollars both both 663 00:33:58,080 --> 00:34:00,560 Speaker 1: from the Fed and from the from the government, um, 664 00:34:00,680 --> 00:34:05,760 Speaker 1: to do one thing to keep the markets from crashing. Right, 665 00:34:06,360 --> 00:34:09,680 Speaker 1: everything they're doing is trying to prevent the markets from crashing. 666 00:34:11,520 --> 00:34:17,200 Speaker 1: So if they're literally you know, bankrupting the company just 667 00:34:17,360 --> 00:34:19,680 Speaker 1: to keep the markets from crashing. Because if the markets 668 00:34:19,719 --> 00:34:22,000 Speaker 1: crashed and the pensioners're gonna lose all their pensions and 669 00:34:22,040 --> 00:34:24,560 Speaker 1: you're gonna have civil unrest and the whole world's gonna unravel, 670 00:34:24,880 --> 00:34:28,600 Speaker 1: they don't want that to happen. So, um, why would 671 00:34:28,640 --> 00:34:30,600 Speaker 1: they go make bitcoin illegal? They would suck about a 672 00:34:30,680 --> 00:34:36,320 Speaker 1: trillion dollars out of the economy like that, like what like? 673 00:34:36,719 --> 00:34:38,560 Speaker 1: So let me get this straight. So for the last 674 00:34:38,640 --> 00:34:40,880 Speaker 1: year and a half, they've been doing every trick in 675 00:34:40,920 --> 00:34:43,319 Speaker 1: the book, including printing eight trillion dollars from thin air 676 00:34:43,400 --> 00:34:46,560 Speaker 1: to keep for one reason, to keep the markets from crashing. 677 00:34:47,600 --> 00:34:49,480 Speaker 1: And then they're gonna go just make bitcoin illegal and 678 00:34:49,480 --> 00:34:51,160 Speaker 1: suck a trillion dollars out of the economy and crash 679 00:34:51,200 --> 00:34:55,040 Speaker 1: the markets, Like, why would they do that. There's no 680 00:34:55,160 --> 00:34:56,880 Speaker 1: way they would do that. They would have if they 681 00:34:56,880 --> 00:35:00,480 Speaker 1: want the market to crash, they would just let a crash. So, um, 682 00:35:01,640 --> 00:35:03,560 Speaker 1: that's why they wouldn't want to They don't want the 683 00:35:03,600 --> 00:35:06,959 Speaker 1: markets to crass, are doing everything they can to prop 684 00:35:07,040 --> 00:35:10,239 Speaker 1: it up. And so you know, anything is probably I'm 685 00:35:10,280 --> 00:35:14,080 Speaker 1: not saying guaranteed, without a shadow of a doubt. They'll 686 00:35:14,120 --> 00:35:15,719 Speaker 1: never try to make it illegal. I'm not trying to 687 00:35:15,760 --> 00:35:18,400 Speaker 1: say that. Um, But at this point, I believe that 688 00:35:18,440 --> 00:35:21,640 Speaker 1: ship has sailed. They know they can't stop people from 689 00:35:21,719 --> 00:35:23,360 Speaker 1: using it. And think about it. Look look at the 690 00:35:23,360 --> 00:35:26,400 Speaker 1: War on trucks. They spent over two trillion dollars on 691 00:35:26,440 --> 00:35:29,960 Speaker 1: the war on drugs, and drug use is more prevalent 692 00:35:30,040 --> 00:35:32,880 Speaker 1: today than it was before. And drugs have to be 693 00:35:33,160 --> 00:35:37,520 Speaker 1: grown and cultivated and packaged and processed and shipped and 694 00:35:37,640 --> 00:35:40,920 Speaker 1: smuggled and distributed and they can't even stop that. They 695 00:35:40,960 --> 00:35:43,320 Speaker 1: can't even stop them from getting in a prison. And 696 00:35:43,840 --> 00:35:46,000 Speaker 1: when the government tells you shouldn't do drugs, it doesn't 697 00:35:46,040 --> 00:35:49,839 Speaker 1: make you want to go do it. But how could 698 00:35:50,080 --> 00:35:52,680 Speaker 1: how could they stop something completely digital that they can't 699 00:35:52,680 --> 00:35:56,040 Speaker 1: see your track or trace. And when they say, hey, 700 00:35:56,520 --> 00:35:58,120 Speaker 1: you don't have the right to store your wealth in 701 00:35:58,160 --> 00:36:00,200 Speaker 1: a way that we can't seize or steal for you, 702 00:36:00,800 --> 00:36:03,399 Speaker 1: it kind of makes you want to do it, kind 703 00:36:03,440 --> 00:36:05,279 Speaker 1: of makes you want to do it. So I just 704 00:36:05,360 --> 00:36:06,960 Speaker 1: don't see it. Like I said, I can't say for 705 00:36:07,680 --> 00:36:10,560 Speaker 1: I don't don't have a crystal ball, um. But I 706 00:36:10,640 --> 00:36:13,439 Speaker 1: think for those reasons, the level of entrenchment we've reached 707 00:36:13,440 --> 00:36:15,200 Speaker 1: on the government level of entrench when we've reached in 708 00:36:15,480 --> 00:36:19,279 Speaker 1: Wall Street, UM, and just the incentives and motivations of 709 00:36:19,520 --> 00:36:22,160 Speaker 1: what they're trying to do by by propping the economy up, 710 00:36:22,200 --> 00:36:25,000 Speaker 1: the markets up with fake money. UM. They just know 711 00:36:25,160 --> 00:36:26,960 Speaker 1: that they would wreck the market if they did that. 712 00:36:27,360 --> 00:36:30,400 Speaker 1: They would rather bitcoin go up to a billion dollars 713 00:36:30,480 --> 00:36:32,799 Speaker 1: a coin and tax the crap out of it. That's 714 00:36:32,840 --> 00:36:35,880 Speaker 1: what they'd rather do. They need the tax revenue and 715 00:36:35,960 --> 00:36:37,920 Speaker 1: so they don't want to suck it out of the economy. 716 00:36:38,000 --> 00:36:40,680 Speaker 1: They wanted to pump to the moon and then tax you, 717 00:36:41,680 --> 00:36:43,600 Speaker 1: and that's exactly what they're doing. That's a topic for 718 00:36:43,640 --> 00:36:47,120 Speaker 1: another show. UM. A good majority of the budget that 719 00:36:47,160 --> 00:36:49,080 Speaker 1: the government brings in today is from capital gains, so 720 00:36:49,120 --> 00:36:51,520 Speaker 1: they're pumping up assets, stocks, real estate to get that 721 00:36:51,600 --> 00:36:53,680 Speaker 1: tax revenue, and I think they'll do the same with 722 00:36:53,840 --> 00:36:56,400 Speaker 1: bitcoin as well. But what do you think. I'd love 723 00:36:56,480 --> 00:36:58,440 Speaker 1: to hear from you. I'd love it if you'd hit 724 00:36:58,480 --> 00:37:01,360 Speaker 1: me up on social media. UM one Mark Moss, the 725 00:37:01,440 --> 00:37:03,640 Speaker 1: number one Mark Moss. You can search me on all 726 00:37:03,640 --> 00:37:05,560 Speaker 1: the big platforms. I'd love to hear from you. I'd 727 00:37:05,600 --> 00:37:06,960 Speaker 1: love to hear what you think. I'd love to hear 728 00:37:07,000 --> 00:37:08,960 Speaker 1: a question, and I'd be more than happy to answer 729 00:37:09,000 --> 00:37:12,440 Speaker 1: it for you here when I'm back with you on 730 00:37:12,520 --> 00:37:13,960 Speaker 1: the next show. Of course, you listen to the Mark 731 00:37:14,040 --> 00:37:17,080 Speaker 1: ma Show talking about bitcoin, cryptocurrencies. We're talking about this 732 00:37:17,320 --> 00:37:22,319 Speaker 1: entire decentralized revolution. It's the biggest opportunity that you'll ever see, 733 00:37:22,360 --> 00:37:25,200 Speaker 1: that I've ever seen, that we'll ever see collectively between us. 734 00:37:25,880 --> 00:37:27,560 Speaker 1: And that's why you should be with me each and 735 00:37:27,600 --> 00:37:30,800 Speaker 1: every week. It's the most profitable, most important time of 736 00:37:30,880 --> 00:37:32,320 Speaker 1: your week. Thanks for listening.