Speaker 1: Hello, and welcome to another episode of the Mark Mo Show.
Speaker 1: I'm bringing you the latest information on bitcoin and cryptocurrencies
Speaker 1: and the decentralized revolution. It's the biggest opportunity you'll ever see.
Speaker 1: I have to take a pause when I say that,
Speaker 1: because I know that's a big claim. I get it.
Speaker 1: I understand you're listening to me. Some some of you
Speaker 1: are believing me because you've made a bunch of money
Speaker 1: and you see what it's gonna do. And some of
Speaker 1: you think it's a scam, a joke of a fat
Speaker 1: a fraud, whatever, and you're laughing. Um, but if you'd
Speaker 1: just check your bias at the door and allow me
Speaker 1: just to kind of tell you some things, maybe you'll
Speaker 1: change your mind. Um doesn't cost anything to hang out
Speaker 1: with me each and every week, but it could sure
Speaker 1: as heck make you something. So just approach with an
Speaker 1: open mind, because, like I said, it is the biggest
Speaker 1: opportunity that you'll ever see. It's literally changing the world
Speaker 1: now a lot of times, especially you know, when I
Speaker 1: touch to people in America and the developed world, Canada,
Speaker 1: et cetera, they say, why why do we need crypto?
Speaker 1: Are in sees like the dollars fine. Isn't it? Isn't
Speaker 1: everything fine? Like the dollar works good? What do I
Speaker 1: need cryptocurrencies for it? But it makes no sense They're worthless? Right,
Speaker 1: So UM, what I'd like to do is, um, I'd
Speaker 1: like to approach this from different angles, and if you
Speaker 1: tune in for the whole show, you get a whole
Speaker 1: wide range of topics regarding this. But I want to
Speaker 1: dig into the why why is this important? Because I
Speaker 1: think if you understand that, then you really be able
Speaker 1: to grasp what's going on. And so some of the
Speaker 1: biggest news that broke out this week, and each week
Speaker 1: I'm bringing you the latest news each week so you
Speaker 1: can stay in touch, so don't don't miss. But this
Speaker 1: week the biggest news was that the United States government,
Speaker 1: the BLS, the Bureau Labor Satistics, has put out the
Speaker 1: new CPI numbers that stands for Consumer Price Index that's
Speaker 1: basically tells us what the inflation is and told us
Speaker 1: that inflation is over six percent, which is a thirty
Speaker 1: year high, the highest it's been in third to years now.
Speaker 1: A lot of you maybe that's not a surprise because
Speaker 1: you've noticed that it cost twice as much to fill
Speaker 1: up your tank with gas, or your stake costs more
Speaker 1: or whatever. So maybe that's not a surprise to some
Speaker 1: of you, and some of them of you, maybe it is.
Speaker 1: But basically, uh, inflation is is a nuanced argument. It
Speaker 1: means a lot of things to a lot of people.
Speaker 1: But I like to go off of Milton Friedman's definition
Speaker 1: of that, and he says that inflation is always in
Speaker 1: everywhere a monetary phenomenon, always in everywhere a monetary phenomenon.
Speaker 1: So inflation is caused by the money supply, That's what
Speaker 1: he's saying. Now, when the money supply increases, it's inflating
Speaker 1: like a balloon, right. You inflate the money supply, and
Speaker 1: when you inflate the money supply, it causes the prices
Speaker 1: of everything else to go up. So that's why he
Speaker 1: says inflation is always a monetary phenomenon. Now you're being
Speaker 1: the media is gaslighting you. I just I've used that
Speaker 1: term for a long time. It started to get more
Speaker 1: and more popular. Gas lighting. I recently had to go
Speaker 1: look it up and figure out what it was. And
Speaker 1: it's from some like old Victorian play where the guy
Speaker 1: was turning down the gas lamps on his wife and
Speaker 1: she was thinking it was like nighttime, and he was
Speaker 1: telling her it wasn't and he was like making her
Speaker 1: insane by doing that. And that's what the media does
Speaker 1: to us, the gas lighting us. They're saying, what you
Speaker 1: see isn't really what you see? What you here isn't really. No, no, no,
Speaker 1: it's not that. It's not that, but it's like, no
Speaker 1: it is, I mean I see it. No no, no,
Speaker 1: you don't see it. It's not what it is. Kind
Speaker 1: of like that's that's where the term gaslighting comes from.
Speaker 1: Just like the play and that's exactly what's going on.
Speaker 1: And so you know, um, they are leaders now are
Speaker 1: leaders now say that the inflation, the CPI is six
Speaker 1: But that's gas lighting because as I said, like the
Speaker 1: gas in my car is double stakes up um use
Speaker 1: cars are up thirty five percent, natural gas is up
Speaker 1: eight uh, lumbers up three um fertilizer which of course
Speaker 1: fertilizers needed to grow food is up a thousand percent.
Speaker 1: So huh six percent? Where did they get that number? Well,
Speaker 1: they get that number by manipulating the numbers. Okay, so
Speaker 1: before I get into the manipulating, but let me tell
Speaker 1: you why you should care about this. So as the
Speaker 1: money supply goes up, it makes the price of all
Speaker 1: the goods and services go up. As I just said, gas, steak, milk,
Speaker 1: real estate, et cetera. It's not really a matter of
Speaker 1: everything getting more expensive or your home becoming more valuable.
Speaker 1: What's happening is the dollars are becoming worth less and
Speaker 1: less and less. So every time they print more dollars,
Speaker 1: the existing dollars are worth less. And so when they
Speaker 1: say that we have six percent inflation, let's just let's
Speaker 1: just use their numbers. That means in five years, six
Speaker 1: times five is thirty. If I'm good at math, there's
Speaker 1: a thirty loss and purchasing power. So that means if
Speaker 1: you had a hundred thousand dollars in the bank today,
Speaker 1: in five years from now, you would still have a
Speaker 1: hundred thousand in the bank, but it would only buy
Speaker 1: you seventy thousand dollars worth of goods and services in
Speaker 1: today's value. So you're still have the same amount of
Speaker 1: dollars in the bank, but they buy less, they're worth less.
Speaker 1: And so what's happening is when the government's printing all
Speaker 1: this money, and so now the Biden admin is trying
Speaker 1: to push through another uh, you know, three and a
Speaker 1: half trillion dollars infrastructre spending. Now they're trying to get
Speaker 1: downf to two trillion dollars. But every time they print
Speaker 1: another trillion, it just steals literally robs you of your
Speaker 1: purchasing power. And so that's a big deal. So when
Speaker 1: they say it's six, that's what that means to you.
Speaker 1: That means they're taking your purchasing power. And the problem
Speaker 1: is is that this the government has gotten themselves into
Speaker 1: this very sticky situation where now we have inflation is
Speaker 1: running rampant. They're saying, oh, it's it's transitory, it's gonna
Speaker 1: go away. Um, they're saying that, oh, it's because of
Speaker 1: supply chains, and then as as soon as supply chains
Speaker 1: get back, it's going to be fixed. But it's not.
Speaker 1: And I'm gonna I'm gonna explain to you why that's
Speaker 1: not the case. Before I do that, I just want
Speaker 1: to explain this is why bitcoin, right. Inflation is always
Speaker 1: a monetary phenomenon. It's always caused by the inflation of
Speaker 1: the money supply. Nobody should have the power to steal
Speaker 1: wealth from me or you. No one should have the
Speaker 1: power to do that. That's theft. So the government knows
Speaker 1: that they can only raise taxes so much before the
Speaker 1: people revolt, and uh and and and throw, you know,
Speaker 1: throw a fit here. So you know, fifty percent maybe
Speaker 1: if they can tax the rich at sixty percent, but
Speaker 1: I mean before too much, you know, people are going
Speaker 1: to flip out. And uh, you know about half the
Speaker 1: people in the United States don't pay taxes anyway, net
Speaker 1: net taxes anyway. And so what they do is, instead
Speaker 1: of raising taxes, they steal from you a different way,
Speaker 1: and that's by printing themselves more money. And not only
Speaker 1: does not only do they steal value from them yourselves
Speaker 1: that way, but then they print more money for themselves,
Speaker 1: they give it to the banks. The banks give it
Speaker 1: to their Wall Street buddies like black Rock, and then
Speaker 1: black Rock takes that money and go buys all the
Speaker 1: single family homes across America at thirty five over the
Speaker 1: market value. So not only are they stealing the value
Speaker 1: from your money, then the money by printing it. Then
Speaker 1: they give that printed money to black Rock. They pushed
Speaker 1: the price of real estate up. So now two things happened.
Speaker 1: One but they stole money from you and pushed the
Speaker 1: price of real estate up and made your dollars buy
Speaker 1: less at the same time. It's a double whammy. My
Speaker 1: dollars less and homes went up at the same time.
Speaker 1: I'm getting screwed from both ends. No one should have
Speaker 1: the ability to do that. As long as one group
Speaker 1: of people have to trade their time for money and
Speaker 1: another group of people have a money printer, he leads
Speaker 1: to slavery every single time. And that's why bitcoin. I
Speaker 1: want to get more into what they're doing to to
Speaker 1: kind of steal your wealth. I want to tell you
Speaker 1: a report that came out by the I m F.
Speaker 1: The I m F is actually they're kind of like
Speaker 1: the central bank above central banks. Um, there's a report
Speaker 1: that came out I want to tell you about. But
Speaker 1: then I want to tell you how we can not
Speaker 1: only protect ourselves from this, but actually how we can
Speaker 1: benefit from this at the same time. UM, you might
Speaker 1: have a little hint, but that's what I'm gonna tell you.
Speaker 1: By the way, you're listening to the Mark Moa show,
Speaker 1: we're talking about bitcoin, We're talking about cryptocurrencies. You know,
Speaker 1: we're talking about this decentralized revolution, and really I'm focusing
Speaker 1: on why why should we even care. Why is this
Speaker 1: opportunity so big? Why will it change the world? And
Speaker 1: why should you be listening to anything that I'm saying.
Speaker 1: So I want to tell you about that because I think, Um,
Speaker 1: if you understand that, then you can understand how big
Speaker 1: it is. You know, then you'll look past all these people.
Speaker 1: Let's say it's a scam, it's a joke, it's audits
Speaker 1: or whatever, whatever, whatever, um, but it's that big um.
Speaker 1: And you know, a lot of people think that we
Speaker 1: need inflation, we need the money supply to grow. If
Speaker 1: the money supply doesn't grow, how does the economy grow?
Speaker 1: They say, Well, I would just ask those people one
Speaker 1: simple question, would you rather And I'll ask you, would
Speaker 1: you rather your money that you've worked for and saved.
Speaker 1: Would you rather your money buy more goods and services
Speaker 1: in the future, or would you rather your money by
Speaker 1: less goods and services in the future. And of course
Speaker 1: the answer is we want more, which of course is
Speaker 1: why we don't want inflation, which is why we don't
Speaker 1: want which why we won't bitcoin. You listen to the
Speaker 1: Markmas Show. I'll be right back, all right, welcome back.
Speaker 1: You are listening to the markma Show, and we're talking
Speaker 1: about bitcoin. We're talking about cryptocurrencies. We're talking about this
Speaker 1: this entire you know crypto revolution that you hear so
Speaker 1: much about. We're talking about, um, all these digital tokens. This,
Speaker 1: this is the whole revolution and what I'm really focusing
Speaker 1: on before we went to the brake, because it's focusing
Speaker 1: on why, why do we need it? What? What? What's
Speaker 1: the importance of it? Because you know, it all comes
Speaker 1: back down to, you know, why it's important to you.
Speaker 1: It said, you know, one man's trash is another man's treasure.
Speaker 1: I don't like it when someone say it's it's not
Speaker 1: worth anything, because it might not be worth anything to you,
Speaker 1: but it should. You know, sure it's heck worth something
Speaker 1: to me or two to other people. But the only
Speaker 1: the only people that would say that it's not worth
Speaker 1: anything or people that don't understand it. And so um
Speaker 1: we were talking about before the break, how inflation at
Speaker 1: a new thirty year high over six percent, but for
Speaker 1: the consumer Price Index, but it's really way higher. Um.
Speaker 1: They've they've changed that CPI number multiple times. They changed
Speaker 1: in the eighties to change in the nineties. If we
Speaker 1: went back to how they calculated in the nies, were
Speaker 1: at over fifteen percent inflation, but even that's low. UM.
Speaker 1: It affects this differently. But you know, gas at the
Speaker 1: pumps up fifty right, homes are up UM, and so
Speaker 1: it affects us differently. And the reason why is because
Speaker 1: they're printing so much money um and they're you know,
Speaker 1: they're basically stealing from you what they're doing when they're
Speaker 1: printing that money. Now, what happens is any any nation,
Speaker 1: any government does this towards the end, as they're losing
Speaker 1: their grip at the end of the empire, they impose
Speaker 1: something called capital controls. And the capital controls are basically
Speaker 1: a way that they do what they say, they control
Speaker 1: the capital, meaning they don't allow you to move the
Speaker 1: money in or out of the market because they need
Speaker 1: to control it. So what happens is, if you know,
Speaker 1: you're in Venezuela, that's a good example of hyper inflation
Speaker 1: where the money is like literally losing you know, just
Speaker 1: inflated by a year. The money is losing value so
Speaker 1: fast you have to go out multiple times a day
Speaker 1: to buy goods and services because it's like it's it's
Speaker 1: literally going up that fast. And so what they do
Speaker 1: people are like I need to I need to get
Speaker 1: rid of these um Venezuelan dollars, believe ours as fast
Speaker 1: as I can, and so I'll exchange them for for
Speaker 1: US dollars because US dollars aren't aren't losing their value
Speaker 1: that bad. And so what they do and the more
Speaker 1: people that would leave the UH Venezuelan dollar to go
Speaker 1: to the American dollar, um, the more people that do that,
Speaker 1: the faster the Venezuelan dollar drops, and they have less
Speaker 1: control over it. And so they do something called capital
Speaker 1: controls to lock you in so you don't have a
Speaker 1: way out. There's no life raft for you. You're going
Speaker 1: down with the ship, they say, right, and so let
Speaker 1: me give you some examples of how they do this.
Speaker 1: So um in in in pretty much every every nation
Speaker 1: in the world has a central bank. The central bank
Speaker 1: prints the money stealing from us. And then above all
Speaker 1: the nation's central bank, there's the i m F, the
Speaker 1: International Monetary Fund. It was founded back in under the
Speaker 1: Breton Woods Agreement when the entire world agreed to go
Speaker 1: on the a global monetary system under the gold standard.
Speaker 1: And so the i m F kind of sets like
Speaker 1: global monetary policy, and there's a there's a paper that
Speaker 1: I was reading this week, and it was written back
Speaker 1: in January two thousand and fifteen from the I m F.
Speaker 1: It's called the Liquidation of Government Debt, the liquidation of government.
Speaker 1: Just think about that title for a second. So it
Speaker 1: says here the summary, I'm going to read it directly
Speaker 1: from their from their thing quote it high public debt
Speaker 1: often produces the drama of default and restructuring. Okay, So
Speaker 1: what they're saying is, when you have a lot of debt,
Speaker 1: there's a greater than average chance that you might default
Speaker 1: or have to restructure it. Okay, sure it makes sense,
Speaker 1: it says, but debt is also reduced through financial repression.
Speaker 1: Keyword there, financial repression. I'll explain that more so, the
Speaker 1: debts reduced through financial repression. It's a tax on bond
Speaker 1: holders and savers via negative or below market real interest rates. Okay,
Speaker 1: so it's a tax on bond holders and savers. So
Speaker 1: if you're saving money in your bank account, then there
Speaker 1: it's a tax on you because they're printing money, they're
Speaker 1: stealing the value of the dollars in your bank account.
Speaker 1: But also if you're a bondholder, so most people that
Speaker 1: are using financial visors today have something known as a
Speaker 1: sixty forty portfolio, goes into stocks, goes into bonds. Well
Speaker 1: they do that. They've put you into thatt split so
Speaker 1: they can steal money from you. This is what they're saying,
Speaker 1: Let me go on. It says after World War Two,
Speaker 1: capital controls and regulatory restrictions created a captive audience for
Speaker 1: government debt. Let me read that again. Capital controls and
Speaker 1: regulatory restrictions created a captive audience for government debt, limiting
Speaker 1: tax based erosion. So again, capital controls are forcing you
Speaker 1: to stay in a captive audience. They won't allow you
Speaker 1: to get out and save yourself. It says. Financial repression
Speaker 1: is most successful in liquidating debt when accompanied by inflation.
Speaker 1: So inflation they print money and make sure thatways worth less.
Speaker 1: And then what they're doing is below real interest rates.
Speaker 1: So what does that mean? So when you're buying bonds,
Speaker 1: you buy the bonds, which is government debt. So the
Speaker 1: government wants to borrow money, they issue a bond, and
Speaker 1: you buy the bond. They agree to pay you the
Speaker 1: money back plus interest. Right right now, today, a tenure
Speaker 1: um treasury bond is paying you about one and a
Speaker 1: half percent one point five percent ish um. And so
Speaker 1: if I guarantee or I give the government my money, um,
Speaker 1: here you go ten years, you have it. You give
Speaker 1: me my principal back plus one point five percent interest.
Speaker 1: But inflation is six point five percent, So I'm making
Speaker 1: one point five percent, but I'm losing six five percent,
Speaker 1: which means I'm actually losing net five percent of my money.
Speaker 1: So basically what's happening is I'm paying the government to
Speaker 1: borrow my money. Instead of them paying me, I'm literally
Speaker 1: paying them. Does that make sense? Because it's negative yielding,
Speaker 1: I'm actually losing more, so they're paying me back with
Speaker 1: with weaker currency, and so they're basically created this trap
Speaker 1: that is for the International Monetary funds paper and so
Speaker 1: all these financial advisors have been basically kind of hired
Speaker 1: put together by by the everyone is by the central
Speaker 1: banks to put you into the sixty forty splits um,
Speaker 1: so all your money is tied up in the bond
Speaker 1: market so they can punish both savors in their own words,
Speaker 1: financial repression, both savers and both bond holders. That's why
Speaker 1: bitcoin is here. Bitcoin is the life raft. Bitcoin is
Speaker 1: the release valve. If you don't like the value of
Speaker 1: your dollars being stolen from your savings account, which I don't.
Speaker 1: I don't. I can't imagin anybody likes that. They just
Speaker 1: don't know about it. If you don't like the idea
Speaker 1: of your your financial advisor pushing you into a into
Speaker 1: a bond portfolio that's literally losing money and designed to
Speaker 1: steal your wealth, which again I can't imagine you would,
Speaker 1: Well you don't have another option? Well you do. I mean,
Speaker 1: I suppose you could buy um, you know stocks, right,
Speaker 1: but still they're still deflating, they're still stealing the value
Speaker 1: from that. And that's why bitcoin. Bitcoin gives us that
Speaker 1: release valve, It gives us that way to get outside
Speaker 1: of it. Stocurrencies do that, um and and that's exactly
Speaker 1: why China made cryptocurrency is illegal. Um about you know,
Speaker 1: five six months ago. They're in really bad shape. I'm
Speaker 1: not gonna get super deep into China, but they're in
Speaker 1: really bad shape. And they do not want people escaping
Speaker 1: out of their currency because as more and more people escape,
Speaker 1: the faster the currency goes, and then it pushes, so
Speaker 1: people build the dollar go to bitcoin, Bitcoin goes up,
Speaker 1: and the dog goes down. Well, people are like, well, shoot,
Speaker 1: I'll go to bitcoin, which pushes up the dog goes down,
Speaker 1: and then the more that people do it, the faster
Speaker 1: it goes and eventually it's out of control. That's how
Speaker 1: fast it's. Uh, it's one of those things that starts
Speaker 1: to spiral out of control. Once it starts, you can't
Speaker 1: really put the genie back in the bottle. And that
Speaker 1: is why bitcoin. Hopefully that makes sense. Now, I want
Speaker 1: to tell you one other thing. I don't tell you
Speaker 1: about the supply chains because this the CPI number, the
Speaker 1: six and a half percent inflation. Um, it's not going away.
Speaker 1: They're blaming it on supply chains, and I want to
Speaker 1: explain to you why that's not the case so you
Speaker 1: can better understand why we need something and like bitcoin
Speaker 1: cryptocurrencies to have that alternative. By the way, you're listening
Speaker 1: to the Mark Ma Show where I talk to you
Speaker 1: about bitcoin and cryptocurrencies and the decentralized revolution, bring you
Speaker 1: the information you need to benefit from the largest wealth
Speaker 1: transfer we will ever see in our lifetimes and multiple lifetimes. Again,
Speaker 1: it's the Mark Ma Show. I'll be right back, all right,
Speaker 1: welcome back. You are listening to the Mark Ma Show
Speaker 1: and we're talking about bitcoin and cryptocurrencies and the decentralized
Speaker 1: revolution that's taking the world by storm. And you know,
Speaker 1: there's so many angles. It's such a big subject. It's
Speaker 1: such a big topic. I've been researching and writing and
Speaker 1: speaking and talking about this for seven years and it
Speaker 1: never gets old because it's changing so fast. And the
Speaker 1: more that I learned, the more that I realized that
Speaker 1: I don't know. And so each and every week I'm
Speaker 1: coming at it from a totally different angle, with a
Speaker 1: totally different way to look at it. And the more
Speaker 1: angles you have, the more ways that you can look
Speaker 1: at it, the better equipped you'll be to take advantage
Speaker 1: of what's really going on. And so I come to
Speaker 1: each and every week, grab your phone, pull out a
Speaker 1: pull out your phone, put a calendar reminder at this time,
Speaker 1: this day, this channel, and I'll be back with you
Speaker 1: each and every week. UM, and I think it's going
Speaker 1: to be the most profitable part of your week. Now.
Speaker 1: Before the break, I was talking about, um, why why
Speaker 1: do we even need this, because there's a lot of
Speaker 1: people have that question. It's stupid, it's pointless, it makes
Speaker 1: no sense, it's a waste of Time's a waste of
Speaker 1: money whatever, blah blah blah. Well, um, it may be
Speaker 1: worthless to you, but it's it's not worthless um to
Speaker 1: everybody else. And so I was trying to explain one
Speaker 1: of the one of the many, many reasons why uh
Speaker 1: it's important. So we're talking about this week, the government,
Speaker 1: the United States government put out the CPI numbers, the
Speaker 1: consumer price inflation numbers, consumer Price Index numbers, which shows
Speaker 1: the inflation it's at a thirty year high over six percent.
Speaker 1: And how I was explaining how that's basically theft. Basically
Speaker 1: that means your dollars are just buying less goods and services.
Speaker 1: And I went on to explain how they use capital
Speaker 1: controls to lock you in the system, and how the
Speaker 1: i m F published a report that says that that's
Speaker 1: actually their stated goal. They're literally uh keeping you trapped
Speaker 1: so they can continue to steal your wealth um, not
Speaker 1: only through inflation, which robs your savings, but also through
Speaker 1: negative yielding bonds, and so they're stealing from your bonds
Speaker 1: as well. So if you're with a financial advisor and
Speaker 1: they're putting you in a sixty forty uh portfolio, I
Speaker 1: would recommend to find a new financial advisor. But moving
Speaker 1: on from that, I wanted to talk about something which
Speaker 1: was I used the term gas lighting before. The media
Speaker 1: has always gas lighting us. They're telling us what we see,
Speaker 1: what we hear, um is not what we see and
Speaker 1: what we hear and so um they're saying, you know, nah,
Speaker 1: inflation is not a problem. It's it's fine, it's fine,
Speaker 1: but like, meanwhile, it's like twice as much to fill
Speaker 1: up your tank. Um. And now what they're telling us
Speaker 1: is that the the inflations transitory is gonna go away.
Speaker 1: And the reason why it's because it's about the supply chains.
Speaker 1: And once the supply chains get fixed, then everything's gonna
Speaker 1: be okay, and uh, inflation goes away. And I would
Speaker 1: say that's gas lighting. They're lying to your face, or
Speaker 1: they're just ignorant, they don't know. Um. Thankfully for you,
Speaker 1: I'm not and I can break it down to you
Speaker 1: really really easier. So let me let me tell you
Speaker 1: how this works and let me tell you why this
Speaker 1: is not the case. So they want to say that
Speaker 1: the supply chains are uh, you know, we have we
Speaker 1: have massive price inflation because we can't get enough goods
Speaker 1: and services. We can't get enough goods and services because
Speaker 1: the supply chains are are breaking down. And they say
Speaker 1: it's logistical. They can't get enough boats in the harbor,
Speaker 1: they can't unload the cartons fast enough from the boats,
Speaker 1: they don't have enough trucks to pick up the cartons, etcetera.
Speaker 1: And so it's a logistical problem. It's not a it's
Speaker 1: not an inflation problem. It's a logistical problem. But the
Speaker 1: reason why we have a logistical problem is because of
Speaker 1: the inflation. So let me explain. So, first off, you
Speaker 1: have to understand that money is a lot of things,
Speaker 1: but one thing that money is is it's it's commune unication.
Speaker 1: Money communicates value. And so in the United States, million
Speaker 1: people in the world, almost eight billion people globally. UM.
Speaker 1: Right here, UM, in my hand as I'm talking to
Speaker 1: is my iPhone, and my iPhone probably has thousands and
Speaker 1: thousands of parts inside of there, from the glass to
Speaker 1: the microchips, to the processors, to the boards, to the plastic.
Speaker 1: I mean, you name it, right, thousands of parts and
Speaker 1: each one of those parts is made by thousands of
Speaker 1: vendors who are have thousands of vendors they work with.
Speaker 1: So from all the way from the raw materials, the
Speaker 1: minerals coming out of the ground, and the person takes
Speaker 1: it and puts it into a chip, and that chip
Speaker 1: goes into a board, and that board goes into a harness,
Speaker 1: and that and on and on and on right, So
Speaker 1: how is it that the exact product that I need
Speaker 1: shows up on the shelf when I need it? How
Speaker 1: is all these people coordinating? How do they all coordinate?
Speaker 1: Are they all like in one giant message board? They're
Speaker 1: all like in a Twitter or like a discord or
Speaker 1: something like? How do they coordinate? All that? Simple that
Speaker 1: do with the price. The price is the signal. Money
Speaker 1: is the community. Asian the prices the signal. So when
Speaker 1: the prices go up, Let's say that I'm eating I
Speaker 1: love vanilla ice cream, UM, but today I want chocolate.
Speaker 1: I don't know why, I just want chocolate. Well, if
Speaker 1: enough people go buy chocolate, the price of chocolate will
Speaker 1: go up, and two things will happen. One people buy
Speaker 1: less of that, and two manufacturers go, shoot, we better
Speaker 1: buy make more chocolate. So what we typically say is
Speaker 1: that high prices are the cure for high prices. So
Speaker 1: right now, UM prices are going up. Everyone's buying as
Speaker 1: much stuff as they can, and the prices are going
Speaker 1: up and we can't get it in the country fast enough. Well,
Speaker 1: as the prices go up, it should be the cure,
Speaker 1: so people would buy less and manufacturers would make more.
Speaker 1: But two problems are here. One, the United States government
Speaker 1: has dumped about eight trillion dollars of fake fiat counterfeit
Speaker 1: money into the system. They just poured a big old
Speaker 1: thing of gas onto a fire. And so when prices
Speaker 1: go up, people should buy less. But people aren't buying
Speaker 1: less because people don't care because people got eight trillion
Speaker 1: dollars dumped onto their head. So that mechanism, the signal
Speaker 1: is gone. And then on the other side of the equation,
Speaker 1: people can't make more of it because inflation is so
Speaker 1: high that it's it's not real demand, it's artificial demand.
Speaker 1: And now for them to increase their production um, the
Speaker 1: prices are so high it's not worth it for them.
Speaker 1: And also what would happen is they said, well, you
Speaker 1: know this, this this port can only bring in this
Speaker 1: many ships, so let's build a new port. Let's build
Speaker 1: new ships. Well, by the time they got that done,
Speaker 1: it would be what's called mal investment. About investment mal investment.
Speaker 1: And the reason why is because as the prices go up,
Speaker 1: people will be import will be forced to buy less
Speaker 1: uh once and more needs. I'll be focused to buy
Speaker 1: more of the stuff I really need and not as
Speaker 1: much of the stuff I just wanted. But because the
Speaker 1: price will be going so high, I'll still be spending
Speaker 1: more money. So let's say that the US is importing
Speaker 1: a hundred billion dollars a month worth of goods um.
Speaker 1: But what happens is and let's say it's a thousand
Speaker 1: containers a month UM. Let's say that inflation keeps going up,
Speaker 1: and now we're importing a hundred and twenty billion dollars
Speaker 1: worth of goods, but instead of a thousand containers, it's
Speaker 1: only eight hundred containers now. And so those companies went
Speaker 1: and opened up more ports and more ships, but we
Speaker 1: didn't need him. It was bad investment. And the reason
Speaker 1: why it was a bad investment. And the reason why
Speaker 1: people are buying more is because of the money supply,
Speaker 1: because of the inflation. So, uh, they say, it's not
Speaker 1: the it's not it's not the money printing, it's not
Speaker 1: inflation causing it, it's logistics. Well they're they're they're right,
Speaker 1: But what's causing the logistics problem is the question. And
Speaker 1: again that's why bitcoin, that's why having a sound money
Speaker 1: system that cannot be artificially inflated is the most important thing.
Speaker 1: When somebody can print money, create money from thin air,
Speaker 1: it caused these problems. A lot of people think like, uh,
Speaker 1: you know, shoot, let's just lock everybody down in their
Speaker 1: house and we'll just print a bunch of money and
Speaker 1: stand out to everybody. We can just let's just make
Speaker 1: everybody rich. How about how about let's I'll tell you
Speaker 1: what tell you? What tell you? How about everybody in
Speaker 1: the United States tonight. Um, we're gonna put it. We're
Speaker 1: gonna put a billion dollars everybody's bank account. When everybody
Speaker 1: wakes up in the morning, they're gonna have a billion
Speaker 1: dollars in ther bank account. You wouldn't be anymore rich
Speaker 1: because all you have is money. You would have to
Speaker 1: use that money to go buy goods and services, goods
Speaker 1: and services wealth. But what happened is everybody got the
Speaker 1: same amount of money. So now you end up with
Speaker 1: more money chasing the same amount of goods and services.
Speaker 1: And what happens the goods and services go up in
Speaker 1: value and you end up buying the same amount of
Speaker 1: goods and services but for a lot more money. Now.
Speaker 1: It doesn't, of course, happen evenly perfectly smooth like that,
Speaker 1: which is why we see the prices if something's going
Speaker 1: crazier and some things are not as much. Um. That's
Speaker 1: why some parts are harder to get than others, because
Speaker 1: it's not a smooth event. Uh. You can't control the
Speaker 1: economy like that. The economy is organic, The economy is
Speaker 1: a complex system, and so um, these are the problems
Speaker 1: that you have. And this is why going to a
Speaker 1: sound money supply like Bitcoin that nobody can control is important.
Speaker 1: Bitcoin is a decentralized protocol, a decentralized database. Nobody can
Speaker 1: control it. Nobody can create more of it, nobody can
Speaker 1: create less of it. Nobody can do anything. Nobody can
Speaker 1: control that. Nobody can say who gets what right? Like, Uh,
Speaker 1: I used the reference earlier. The banks print up money
Speaker 1: and give it to black Rock. They go by real estate. Um,
Speaker 1: nobody can do that with bitcoin. Hopefully that makes sense. UM,
Speaker 1: I want to get into a couple of things that
Speaker 1: I hear. I get about five thousand comments a week.
Speaker 1: By the way, you're listening to the Mark Ma Show
Speaker 1: talking about bitcoin and decentralized cryptocurrencies. I want to get
Speaker 1: into a couple of the really really really big um
Speaker 1: objections that I hear. We'll talk about, will the government
Speaker 1: make it illegal? Is it a deep state employ and more?
Speaker 1: You're with listening to the Markma Show. I'm gonna be
Speaker 1: right back, Hello and welcome back. You're listening to the
Speaker 1: Mark Ma Show, and we are talking about bitcoin, We're
Speaker 1: talking about cryptocurrencies. We're talking about the de centralized revolution.
Speaker 1: I appreciate you hanging out with me. It's the I'm
Speaker 1: trying to make it the most important, the most profitable
Speaker 1: part of your week. And I can tell you, um,
Speaker 1: it is, it will be, It will be for sure.
Speaker 1: Now I've covered a lot of ground. I can't go
Speaker 1: back and recap everything, but I basically had been talking
Speaker 1: about why why we need this movement to happen, Why
Speaker 1: the current financial system we have is causing all the
Speaker 1: problems that we have today. Um. And so if you
Speaker 1: miss that, you can go back and get some of
Speaker 1: these episodes later on the I Heart podcast Network. Just
Speaker 1: I think you can just google search the Mark Moss
Speaker 1: Show and you'll find those because we went over a
Speaker 1: lot of important stuff. But I wanted to talk about
Speaker 1: some real, big, common objections that I hear. I get
Speaker 1: about five thousand comments a week across my YouTube and
Speaker 1: Twitter and Instagram profiles, and well, I don't read all
Speaker 1: of them. I try to read as many of them
Speaker 1: as I can. If you do want to get ahold
Speaker 1: of me, hit me up on Twitter. Um, just one,
Speaker 1: Mark Moss is the number one. Mark Mos Send me
Speaker 1: a message, tell me you heard me here. Um. But
Speaker 1: you know, I get all these objections. I've heard them
Speaker 1: for years, um, and I want to address a couple
Speaker 1: of those. And so the first one I want to address,
Speaker 1: and this is the biggest one. I tweeted about this,
Speaker 1: I think two days ago. I went pretty viral, got
Speaker 1: like a hundred thousand impressions, and uh, I guess I'm
Speaker 1: not that big of a of a guy on Twitter.
Speaker 1: But um, basically it I was. I was talking about
Speaker 1: this objection and I here all the time is that
Speaker 1: the government is just going to make it illegal. They're
Speaker 1: just going to make it illegal. That's what everybody says.
Speaker 1: That's like they're they're big ha ha gotcha moment, right,
Speaker 1: Like what are you gonna say about that? And so
Speaker 1: um I tweeted out. I said, of all the objections
Speaker 1: to bitcoin, the one that gets me the most is
Speaker 1: but the government will make it illegal. And I said,
Speaker 1: if a billion people don't want it to be illegal,
Speaker 1: then it won't be. Stop being a defeatist and a
Speaker 1: victim of the state. But I want to get in
Speaker 1: a little bit deeper than that, So I tweeted it out.
Speaker 1: But I want to dig in a little bit deeper
Speaker 1: for you. So a couple of things. There's a couple
Speaker 1: angles we can do this. So first of all, stop
Speaker 1: being a defeatist. The government is for the people, by
Speaker 1: the people, elected by the people. If the people don't
Speaker 1: want to be illegal, then it shouldn't be illegal. So
Speaker 1: stop being a victim. Stand up and declare what it
Speaker 1: is that you want. There's over fifty million people in
Speaker 1: the United States that own bitcoin. There's there's hundreds of
Speaker 1: millions around the world. If a billion people don't want
Speaker 1: bitcoin to be illegal, guess what, it ain't gonna be illegal, right,
Speaker 1: So that's the first thing. Stop being a defeatist. Stop
Speaker 1: being a victim. I hate hearing that because basically you're
Speaker 1: just admitting that you're a victim of the state, and
Speaker 1: the state's gonna do whatever they want, all right, But
Speaker 1: let's dig into some more practical stuff. So I want
Speaker 1: to tell you why. I want to tell you why
Speaker 1: they can't make it illegal. I want to tell you
Speaker 1: why they won't make it illegal. And I'm gonna tell
Speaker 1: you why they don't even want to make it illegal. Alright,
Speaker 1: So first see if I can cover all this year, First,
Speaker 1: why they can't all right, So, all they can they
Speaker 1: can't stop bitcoin. What they could do is prevent you
Speaker 1: from getting it. They could say, hey, if we catch
Speaker 1: you with it, you know, life in prisoner will kill
Speaker 1: you on site. Right, they could do that, but they
Speaker 1: can't stop the network. So all they're doing is banning
Speaker 1: their people from using it. But they're not stopping in
Speaker 1: or banning the rest of the world. So they can't
Speaker 1: stop it. Um But I say they can't do it.
Speaker 1: And the reason why it's because bitcoin has reached this
Speaker 1: level of entrenchment that it's just too much today. So
Speaker 1: we have over two dozen high ranking senators and congressmen
Speaker 1: congress people in office right now today that are hardcore bitcoinners.
Speaker 1: So it's it's reached a big level of entrenchment inside
Speaker 1: the government, all right, so they don't want to be illegal.
Speaker 1: Patrick McHenry, Republican, Head of the Financial Services Committee, Cynthony Loomis,
Speaker 1: I mean they're the ones that are pulling the strings here.
Speaker 1: They don't want to be illegal their bitcoinners. Um. So so,
Speaker 1: so it's inside the government, but also it's bigger than that.
Speaker 1: It's outside the government. So um, if you understand how
Speaker 1: the government works, I'm not happy about it's a problem.
Speaker 1: But basically, um, lobbyists people go lobby the government. They
Speaker 1: spend a bunch of money to push their policies and um,
Speaker 1: they you know, spend a bunch of money and they
Speaker 1: author these bills. These lobby groups they author bills and
Speaker 1: give them to the to the lawmakers, and the lawmakers
Speaker 1: just signed them. They co sponsor them. And so it's
Speaker 1: really the lobby groups that wants right in the laws.
Speaker 1: Now guess who guess like what one of the biggest
Speaker 1: groups of lobby are. If you guessed the financial services
Speaker 1: in Wall Street, you'd probably be right. And we now seen, uh,
Speaker 1: most of the big banks Goldman, Sachs, JP, Morgan, Us Bank, Um,
Speaker 1: they all have built bitcoin services. New York Stock Exchange,
Speaker 1: e Trade or tdum, merrit Trade, Venmo, PayPal, They've all
Speaker 1: built out bitcoin services. They spent collectively probably hundreds of
Speaker 1: billions of dollars to build all these services in place. Um,
Speaker 1: the issuers, heck don't want it to be illegal, right,
Speaker 1: so they're going to fight like heck. Right, fifty million people,
Speaker 1: fifty million Americans are gonna fight like heck. The Senator's
Speaker 1: lamakers in government are gonna fight like heck. Um, And
Speaker 1: so I just don't see how they could do it.
Speaker 1: The war would just be too much. Now, let's also
Speaker 1: talk about why they don't want to, Why wouldn't even
Speaker 1: want to. So another approach to this topic. Well, you
Speaker 1: know now, also we've got that e t F approved
Speaker 1: like a co weeks ago. So the e t F
Speaker 1: approved now, um at Wall Street's just too ingrained. The
Speaker 1: government's too ingrained. Now we have nation states that are
Speaker 1: buying it. You know, Now it's a Now it's national security.
Speaker 1: We have to stay in it. Also, the US became
Speaker 1: the largest beneficiary of bitcoin minings when China kicked it
Speaker 1: all out of the country about four or five months ago.
Speaker 1: So those are all reasons why they can't do it.
Speaker 1: But why why would they not want to? Well, Um,
Speaker 1: you know, in March of the economy crashed obviously, right,
Speaker 1: the pandemic happened, and um, the government since then has
Speaker 1: you know, pumped out about eight trillion dollars both both
Speaker 1: from the Fed and from the from the government, um,
Speaker 1: to do one thing to keep the markets from crashing. Right,
Speaker 1: everything they're doing is trying to prevent the markets from crashing.
Speaker 1: So if they're literally you know, bankrupting the company just
Speaker 1: to keep the markets from crashing. Because if the markets
Speaker 1: crashed and the pensioners're gonna lose all their pensions and
Speaker 1: you're gonna have civil unrest and the whole world's gonna unravel,
Speaker 1: they don't want that to happen. So, um, why would
Speaker 1: they go make bitcoin illegal? They would suck about a
Speaker 1: trillion dollars out of the economy like that, like what like?
Speaker 1: So let me get this straight. So for the last
Speaker 1: year and a half, they've been doing every trick in
Speaker 1: the book, including printing eight trillion dollars from thin air
Speaker 1: to keep for one reason, to keep the markets from crashing.
Speaker 1: And then they're gonna go just make bitcoin illegal and
Speaker 1: suck a trillion dollars out of the economy and crash
Speaker 1: the markets, Like, why would they do that. There's no
Speaker 1: way they would do that. They would have if they
Speaker 1: want the market to crash, they would just let a crash. So, um,
Speaker 1: that's why they wouldn't want to They don't want the
Speaker 1: markets to crass, are doing everything they can to prop
Speaker 1: it up. And so you know, anything is probably I'm
Speaker 1: not saying guaranteed, without a shadow of a doubt. They'll
Speaker 1: never try to make it illegal. I'm not trying to
Speaker 1: say that. Um, But at this point, I believe that
Speaker 1: ship has sailed. They know they can't stop people from
Speaker 1: using it. And think about it. Look look at the
Speaker 1: War on trucks. They spent over two trillion dollars on
Speaker 1: the war on drugs, and drug use is more prevalent
Speaker 1: today than it was before. And drugs have to be
Speaker 1: grown and cultivated and packaged and processed and shipped and
Speaker 1: smuggled and distributed and they can't even stop that. They
Speaker 1: can't even stop them from getting in a prison. And
Speaker 1: when the government tells you shouldn't do drugs, it doesn't
Speaker 1: make you want to go do it. But how could
Speaker 1: how could they stop something completely digital that they can't
Speaker 1: see your track or trace. And when they say, hey,
Speaker 1: you don't have the right to store your wealth in
Speaker 1: a way that we can't seize or steal for you,
Speaker 1: it kind of makes you want to do it, kind
Speaker 1: of makes you want to do it. So I just
Speaker 1: don't see it. Like I said, I can't say for
Speaker 1: I don't don't have a crystal ball, um. But I
Speaker 1: think for those reasons, the level of entrenchment we've reached
Speaker 1: on the government level of entrench when we've reached in
Speaker 1: Wall Street, UM, and just the incentives and motivations of
Speaker 1: what they're trying to do by by propping the economy up,
Speaker 1: the markets up with fake money. UM. They just know
Speaker 1: that they would wreck the market if they did that.
Speaker 1: They would rather bitcoin go up to a billion dollars
Speaker 1: a coin and tax the crap out of it. That's
Speaker 1: what they'd rather do. They need the tax revenue and
Speaker 1: so they don't want to suck it out of the economy.
Speaker 1: They wanted to pump to the moon and then tax you,
Speaker 1: and that's exactly what they're doing. That's a topic for
Speaker 1: another show. UM. A good majority of the budget that
Speaker 1: the government brings in today is from capital gains, so
Speaker 1: they're pumping up assets, stocks, real estate to get that
Speaker 1: tax revenue, and I think they'll do the same with
Speaker 1: bitcoin as well. But what do you think. I'd love
Speaker 1: to hear from you. I'd love it if you'd hit
Speaker 1: me up on social media. UM one Mark Moss, the
Speaker 1: number one Mark Moss. You can search me on all
Speaker 1: the big platforms. I'd love to hear from you. I'd
Speaker 1: love to hear what you think. I'd love to hear
Speaker 1: a question, and I'd be more than happy to answer
Speaker 1: it for you here when I'm back with you on
Speaker 1: the next show. Of course, you listen to the Mark
Speaker 1: ma Show talking about bitcoin, cryptocurrencies. We're talking about this
Speaker 1: entire decentralized revolution. It's the biggest opportunity that you'll ever see,
Speaker 1: that I've ever seen, that we'll ever see collectively between us.
Speaker 1: And that's why you should be with me each and
Speaker 1: every week. It's the most profitable, most important time of
Speaker 1: your week. Thanks for listening.