WEBVTT - You’ve Been Lied to: 3 Ways Bitcoin Mining Helps the Environment 0:00:00.240 --> 0:00:02.840 Hello, and welcome to another episode of the Mark Moss Show, 0:00:02.880 --> 0:00:06.360 where we talk about, of course, the decentralized revolution, talking 0:00:06.400 --> 0:00:09.280 about the way the world is changing. Of course we 0:00:09.320 --> 0:00:12.320 look at it through the lens of politics, finance, and technology. 0:00:12.360 --> 0:00:14.760 Of course, we're talking about how the world has become 0:00:14.840 --> 0:00:17.560 more and more centralized over time, which of course you 0:00:17.600 --> 0:00:19.919 see with the World Economic Form and the UN and 0:00:19.920 --> 0:00:24.040 the WHO and the WTO and on and on and on, IMF, etc. 0:00:24.400 --> 0:00:26.520 And the world is now breaking apart moving to a 0:00:26.520 --> 0:00:28.320 decentralized world. And we look at it, like I said, 0:00:28.360 --> 0:00:31.120 through the lens of politics, finance, and technology, because it's 0:00:31.120 --> 0:00:36.080 always technology that changes the world. And that technology that's 0:00:36.159 --> 0:00:38.320 really driving massive change to the world right now is 0:00:38.320 --> 0:00:42.280 the decentralized technology of bitcoin. And we're going to talk 0:00:42.320 --> 0:00:44.920 about that today, and specifically, we're going to talk about 0:00:45.159 --> 0:00:48.360 how you've been lied to, they've been lying to you, 0:00:48.760 --> 0:00:51.639 and we're going to break down three ways that bitcoin 0:00:51.760 --> 0:00:56.840 mining actually helps the environment and not hurts it. So 0:00:56.880 --> 0:00:58.720 you've been lied to, You've been told that bitcoin is horrible, 0:00:58.760 --> 0:01:01.760 it's a waste. Charlie Munger says, it's rat poison. All 0:01:01.760 --> 0:01:03.680 these things we're going to say who are they? Who 0:01:03.760 --> 0:01:05.440 are they that have lied to you? Well, the media 0:01:05.520 --> 0:01:07.600 is lying to you. What is their role in all 0:01:07.600 --> 0:01:09.840 of this. We're going to look at the very actual 0:01:09.959 --> 0:01:12.000 specific lies that they've told you. We're going to break 0:01:12.000 --> 0:01:13.640 those down. We're going to look at why those things 0:01:13.680 --> 0:01:15.840 they've said are completely wrong that We're going to look 0:01:15.840 --> 0:01:18.880 at specific ways that actually bitcoin is good counter to 0:01:18.959 --> 0:01:21.160 what they've said. We'll look at it from the lens 0:01:21.240 --> 0:01:24.679 of climate, the energy grids that we have across the 0:01:24.680 --> 0:01:27.679 country and the world, and then overall freedom and just 0:01:27.800 --> 0:01:31.600 overall you know, human humanity, human flourishment. It's a pretty 0:01:31.640 --> 0:01:33.640 pretty big thing. We're going to look at like what 0:01:33.800 --> 0:01:37.880 are they hiding and why is this happening? The massive 0:01:37.920 --> 0:01:39.520 opportunity that sits on the side of this, and of 0:01:39.560 --> 0:01:42.120 course I want to give you some new mental models 0:01:42.360 --> 0:01:44.440 to help you think through this, because you know, the 0:01:44.480 --> 0:01:46.880 old problem was getting enough information. Today the problem is 0:01:46.880 --> 0:01:49.120 that we have so much information, how do we discern it? 0:01:49.400 --> 0:01:52.760 And how do you understand the truth when you have 0:01:52.920 --> 0:01:56.480 so much propaganda coming down from you know, parties who 0:01:56.560 --> 0:01:59.360 have a vested interest in getting you to think another position. 0:01:59.360 --> 0:02:01.240 So we're going to break all of that down and more. 0:02:01.280 --> 0:02:03.840 It's a big show, so don't go away. If you're 0:02:03.880 --> 0:02:06.000 just tuning in, you're listening to the Mark Moss Show. Now. 0:02:06.000 --> 0:02:07.240 If you do miss any of it, don't worry. I 0:02:07.280 --> 0:02:09.280 got your back. You can always catch me on the podcast. 0:02:09.360 --> 0:02:12.679 Just search your favorite podcast player for the Mark Moss Show, 0:02:12.680 --> 0:02:15.000 and of course follow along on social media. Hit me 0:02:15.080 --> 0:02:18.000 up on Twitter at one Mark Moss or on Instagram 0:02:18.000 --> 0:02:20.359 at Mark Moss on either on one of those platforms. 0:02:20.360 --> 0:02:22.239 I'm probably on there way too much and I'd love 0:02:22.320 --> 0:02:23.880 to hear from you. Let me know what you think 0:02:23.880 --> 0:02:25.840 about the show, what kind of topics would like be 0:02:25.880 --> 0:02:29.400 to cover, and so much more. And while I'm asking, 0:02:29.680 --> 0:02:31.760 let me just ask. Can I please ask for a favor, 0:02:31.840 --> 0:02:34.119 just one small little favorite if I've earned that hopefully, 0:02:34.400 --> 0:02:37.799 would you please on your favorite podcast app just leave 0:02:37.840 --> 0:02:40.240 me a review, hopefully a good review, but either way, 0:02:40.320 --> 0:02:42.080 leave me a review, give me some stars, tell me 0:02:42.120 --> 0:02:44.239 what you think about the show. That would really help 0:02:44.280 --> 0:02:45.560 me out so much, would be so much to me, 0:02:46.040 --> 0:02:47.680 and I'll keep doing the best that I can to 0:02:47.720 --> 0:02:49.639 bring you this information. So let's go ahead and just 0:02:49.680 --> 0:02:51.799 jump right into it. Like I said, we're talking about 0:02:52.720 --> 0:02:56.720 how they have been lying to you and actually how 0:02:56.720 --> 0:02:58.440 it's all wrong. So let's break that down. So who 0:02:58.520 --> 0:03:00.959 are they? First of all, now you hear that thrown 0:03:01.000 --> 0:03:03.040 around a lot, like they are trying to do this, 0:03:03.200 --> 0:03:05.200 They are trying to take away freedom, they are trying 0:03:05.200 --> 0:03:07.320 to push CBDC they like, And so who are they? 0:03:07.360 --> 0:03:09.120 That's always a question that we want to ask. Now, 0:03:09.440 --> 0:03:12.840 unfortunately we don't always know exactly who they are, and 0:03:12.840 --> 0:03:15.519 that's by design. I had a guest on my show, 0:03:15.560 --> 0:03:17.760 doctor Robert Malone. Some of you guys might have seen that, 0:03:18.520 --> 0:03:21.160 and doctor Robert Malone he got kind of came to 0:03:21.200 --> 0:03:25.320 prominence because he was the inventor of the mRNA vaccine, 0:03:25.360 --> 0:03:27.200 which of course I'm sure you're familiar with at this point. 0:03:28.000 --> 0:03:30.000 And you know, then he gained a lot of notoriety 0:03:30.000 --> 0:03:33.560 because he was kind of speaking against the mRNA vaccine 0:03:33.639 --> 0:03:36.560 during the pandemic, etc. I had him on my show 0:03:36.640 --> 0:03:38.360 not to talk about that. What we talked about is 0:03:38.360 --> 0:03:42.960 something called the fifth generation of warfare. And doctor Malone 0:03:43.080 --> 0:03:48.200 is an amazing person, overall amazing guest, because his role 0:03:48.320 --> 0:03:52.360 really in the medical field in establishing vaccines, et cetera, 0:03:52.920 --> 0:03:57.040 was he was a clinical researcher, and he wrote papers 0:03:57.160 --> 0:04:01.240 that were submitted for reviews, etc. So his skill is researching, 0:04:01.960 --> 0:04:07.080 looking through mountains of data, understanding it, and then synthesizing 0:04:07.120 --> 0:04:10.240 it into papers and getting those submitted into medical logs, etc. 0:04:10.720 --> 0:04:13.520 So that's his skill, and boy is it paying off 0:04:13.560 --> 0:04:16.360 his ability to do research and see these things as amazing. 0:04:16.400 --> 0:04:18.919 But anyway, I had them on my show and we 0:04:18.920 --> 0:04:21.560 talked about something again called the fifth Generation of Warfare. 0:04:21.560 --> 0:04:23.560 If you missed it, I'd highly recommend you go back 0:04:23.560 --> 0:04:25.359 and watch it again. Go back in the podcast, search 0:04:25.400 --> 0:04:28.640 back to Robert Malone Fifth Generation of Warfare, or you 0:04:28.680 --> 0:04:32.400 can catch it on YouTube. Just search Mark Moss, Robert Malone. 0:04:32.400 --> 0:04:35.200 You'll find it. But in this fifth Generation of Warfare, 0:04:35.240 --> 0:04:38.279 he basically talks about how the world has changed in 0:04:38.279 --> 0:04:41.320 its type of warfare and the world in the United States, etc. 0:04:42.040 --> 0:04:44.280 And really there's been five generations and I'm gonna break 0:04:44.279 --> 0:04:45.720 these down for you real quick so you can understand 0:04:45.760 --> 0:04:49.239 who they are. So in the first generation of warfare, 0:04:49.279 --> 0:04:51.920 you had you know, Mono Emano, you had man On Man. Right, 0:04:52.240 --> 0:04:54.320 I'm gonna come beat you up and take what you have. 0:04:55.680 --> 0:04:58.480 The second generation generation of warfare started to get a 0:04:58.480 --> 0:05:01.960 little bit more advanced. So then we start having like armies, right, 0:05:02.000 --> 0:05:03.760 So now we'd have armies that would meet each other 0:05:03.839 --> 0:05:06.520 on the battlefield and fight to the death or whatever 0:05:06.800 --> 0:05:10.160 until one side surrenders. The third generation of warfare is 0:05:10.200 --> 0:05:13.240 when we really started to get industrialization. So now we 0:05:13.360 --> 0:05:17.360 had aircraft carriers and jets and helicopters and tanks and 0:05:17.400 --> 0:05:20.600 all these things. And really that's when the United States 0:05:20.640 --> 0:05:23.360 really rose to prominence. So through World War One world 0:05:23.440 --> 0:05:26.760 War Two, those were both industrial led wars, so the 0:05:26.839 --> 0:05:29.680 US was able to out industrialize everybody else. We were 0:05:29.720 --> 0:05:32.360 able to make more war materials, more ships, more tanks, 0:05:32.360 --> 0:05:35.080 more bombs, etc. And we were able to dominate the 0:05:35.120 --> 0:05:38.720 world in that way. But then we went into the 0:05:38.760 --> 0:05:41.760 fourth generation of warfare. Now, the fourth generation of warfare 0:05:41.800 --> 0:05:46.200 really came out around the Vietnam War and it's continued 0:05:46.279 --> 0:05:48.640 on until now we're entering the fifth generation. But in 0:05:48.680 --> 0:05:52.080 the fourth generation of warfare, it was not any longer 0:05:52.160 --> 0:05:56.719 these massive armies or these massive industrialized armies, but instead 0:05:56.760 --> 0:06:00.360 it was in Vietnam, it was guerrilla warfare. So now 0:06:00.520 --> 0:06:04.719 was little groups attacking the one big group. And the 0:06:04.760 --> 0:06:07.359 problem with that was that you know, the US is 0:06:07.360 --> 0:06:10.040 this big, you know fighter, but then you have these small, 0:06:10.040 --> 0:06:13.480 little nimble fighters that come in and unfortunately, US didn't 0:06:13.480 --> 0:06:15.919 do too well over in Vietnam. The US didn't work 0:06:16.040 --> 0:06:18.080 in that type of warfare. As a matter of fact, 0:06:18.640 --> 0:06:21.520 per Malone's claims, I haven't actually gone back and verified 0:06:21.520 --> 0:06:23.360 this for myself, but it seems to be accurate. The 0:06:23.480 --> 0:06:28.120 United States has not won a war since we've moved 0:06:28.160 --> 0:06:31.080 into the fourth generation of warfare. They've never won a war. 0:06:31.320 --> 0:06:33.680 So what war have they won? I can't really think 0:06:33.680 --> 0:06:35.679 of one. We didn't win Vietnam, we didn't win after Iraq, 0:06:35.680 --> 0:06:37.640 we didn't have to win in Afghanistan. So we're not 0:06:37.680 --> 0:06:39.840 able to win that type of warfare. And now we're 0:06:39.920 --> 0:06:42.599 entering the fifth generation of warfare, and the fifth generation 0:06:42.640 --> 0:06:46.760 of warfare is now going into informational and psychological and 0:06:46.839 --> 0:06:50.560 even financial warfare. And it really signifies itself by having 0:06:50.640 --> 0:06:56.200 this nameless, faceless attack. So we all feel it. We 0:06:56.240 --> 0:06:59.000 can feel these things happening. We can feel the censorship, 0:06:59.040 --> 0:07:01.599 we can feel the manipulate, we can feel that we're 0:07:01.600 --> 0:07:04.240 being pitted against each other, but we don't know by 0:07:04.480 --> 0:07:07.880 who who is doing it, Where is it coming from, 0:07:07.880 --> 0:07:11.120 we don't know. And that's like this psychological warfare. So 0:07:11.160 --> 0:07:13.720 we feel the full court of press, but we don't 0:07:13.760 --> 0:07:15.720 know who it's coming from and where it's coming from. 0:07:16.040 --> 0:07:18.480 And again that's by design. That's the fifth generation of warfare. Again, 0:07:18.520 --> 0:07:19.800 go back and lists of the interview if you really 0:07:19.800 --> 0:07:21.480 want to dig into that. It's an amazing topic that 0:07:21.520 --> 0:07:24.640 we really dove deep into. But when we go back 0:07:24.640 --> 0:07:28.200 to asking the question who are they, we don't know. 0:07:28.400 --> 0:07:30.000 We don't know who they are, but we do know 0:07:30.080 --> 0:07:32.120 a few of the players. So for example, we know 0:07:32.200 --> 0:07:35.760 mainstream media's role in putting these lies out there, so 0:07:35.760 --> 0:07:38.720 we know that they are part of mainstream media. So 0:07:38.800 --> 0:07:43.440 for example, we have the New York Times, CNN, you know, 0:07:43.880 --> 0:07:49.440 Washington Post, Forbes, Atlantic Financial Times, etc. And so all 0:07:49.520 --> 0:07:53.880 of those mainstream outlets have sensationalized attacks on bitcoins, specifically 0:07:53.920 --> 0:07:58.520 around bitcoin's energy usage. We've seen numerous articles. I'm going 0:07:58.560 --> 0:08:00.400 to dig deep into some of these, but like some 0:08:00.480 --> 0:08:02.680 of the names of these articles they put out, for example, 0:08:02.720 --> 0:08:07.680 are like the real world costs of the digital race 0:08:07.680 --> 0:08:10.400 for Bitcoin. So just like think about that name that 0:08:10.400 --> 0:08:14.000 they put there, right, the real world costs for the 0:08:14.040 --> 0:08:15.840 digital race to bitcoin. Now, first of all, yes, there 0:08:15.840 --> 0:08:20.520 are costs. Everything in life has a cost benefit analysis. 0:08:20.840 --> 0:08:24.040 You do yourself no favor if you don't realize that 0:08:24.160 --> 0:08:27.360 everything in life has a cost to benefit analysis. It's 0:08:27.560 --> 0:08:29.920 pros and cons good and bad. Right, everything has that. 0:08:30.240 --> 0:08:32.280 In order for me to get a benefit, I must 0:08:32.280 --> 0:08:34.559 pay a cost. In order for me to get in shape, 0:08:34.640 --> 0:08:38.400 I must wake up on early and go do exercise. Right. 0:08:38.600 --> 0:08:40.439 In order for me to get in shape, I must 0:08:40.480 --> 0:08:44.319 pay the cost of you know, starving myself from sweets 0:08:44.320 --> 0:08:47.160 and snacks or whatever. Everything has a cost. Another one, 0:08:47.240 --> 0:08:50.320 bitcoin uses more electricity than many countries. How is that 0:08:50.400 --> 0:08:55.199 even possible? So very sensational and misleading. Yes, the price 0:08:55.240 --> 0:08:59.880 of bitcoin mining and more why bitcoin miners want to 0:09:00.160 --> 0:09:02.080 cast themselves as eco friendly. We can go on and 0:09:02.120 --> 0:09:03.400 on and on, but you can just tell by the 0:09:03.920 --> 0:09:08.040 title of these these these hit pieces, these propaganda pieces, 0:09:08.160 --> 0:09:10.080 you can already tell what their stance is. Of course, 0:09:10.080 --> 0:09:13.240 we've seen the government and the regulatory stance come out 0:09:13.640 --> 0:09:17.760 harsh against this as well, trying to look at that. 0:09:18.559 --> 0:09:20.080 And so we're going to talk more about what the 0:09:20.120 --> 0:09:22.600 government is actually said, what the Biden administration has actually said, 0:09:22.640 --> 0:09:25.720 what the competitor attacks are influencer attacks, but you know 0:09:26.840 --> 0:09:29.840 they're coming from all over the place, and it's really 0:09:29.880 --> 0:09:32.360 hard to understand what to do. It's hard to understand 0:09:32.360 --> 0:09:34.959 what to do with your money, and so much more. 0:09:35.160 --> 0:09:36.719 If you're just tuning in, you're listening to the Mark 0:09:36.800 --> 0:09:39.920 Mass Show talking about the lies they're feeding you and 0:09:39.960 --> 0:09:42.480 how they're all wrong about bitcoin mining and more. We're 0:09:42.480 --> 0:09:43.800 gonna be back with more a minute. I gotta take 0:09:43.800 --> 0:09:47.720 a quick break. Don't go away, I'll bear back, all right, 0:09:47.720 --> 0:09:49.400 Welcome back. If you're just tune in, you are listening 0:09:49.440 --> 0:09:52.200 to the Mark Mass Show, of course, always talking about 0:09:52.240 --> 0:09:55.320 the decentralized revolution. Right now we're talking about specifically the 0:09:55.360 --> 0:09:58.840 ways they and who they are lying to you about 0:09:58.880 --> 0:10:01.840 bitcoin and bitcoin mining and how it's all wrong and 0:10:01.880 --> 0:10:04.240 we can see through it by the thin veiled attacks 0:10:04.280 --> 0:10:07.040 that they're doing. So again we were talking about for 0:10:07.200 --> 0:10:09.840 understanding who they are is very difficult, but in this context, 0:10:09.840 --> 0:10:12.360 we know they are the people that are putting out 0:10:12.360 --> 0:10:15.520 these hit pieces. So I named the New York Times, CNN, Forbes, Atlantic, 0:10:15.520 --> 0:10:19.280 et cetera. But we also have the Biden administration. We 0:10:19.360 --> 0:10:23.240 know specifically that the Biden administration, Biden himself if he's 0:10:23.240 --> 0:10:27.560 capable of it, most likely it's the administration. Biden supposedly 0:10:27.720 --> 0:10:31.560 signed some executive orders mandating that the government start to 0:10:31.559 --> 0:10:36.559 do investigations and research into bitcoin and cryptocurrencies and things 0:10:36.640 --> 0:10:40.640 like that. They wanted to analyze the implications and the 0:10:40.679 --> 0:10:43.720 initiatives behind it. What's going on with it? Is it 0:10:43.720 --> 0:10:45.480 a thread, how can we take it over? How can 0:10:45.520 --> 0:10:48.600 we produce something better? And all these types of things. Now, 0:10:50.200 --> 0:10:52.880 in this economic report that Biden put together, you know, 0:10:52.920 --> 0:10:56.000 there was a lot of language in there. It was 0:10:56.000 --> 0:10:58.840 titled the Economic Report of the President, And like I said, 0:10:58.840 --> 0:11:02.679 they wanted to supposedly look at the potential benefits of it. 0:11:03.080 --> 0:11:07.000 Of course it's not really what they were doing. But 0:11:07.080 --> 0:11:09.440 what they really wanted to look at is is this 0:11:09.520 --> 0:11:15.240 a threat to our financial monopoly? Could it effectively replace 0:11:15.320 --> 0:11:18.320 what we're doing? Is there a way that we could 0:11:18.360 --> 0:11:21.800 stop it if we wanted to, Is there a way 0:11:21.840 --> 0:11:25.320 that we could you know, co opt it, take it over? 0:11:25.400 --> 0:11:27.080 Things like that. That's actually what they are taking a 0:11:27.120 --> 0:11:29.280 look at. We know that we've seen many other people 0:11:29.280 --> 0:11:32.120 in the Bide administration following suit. We know Elizabeth Warren, 0:11:32.520 --> 0:11:37.360 Senator Elizabeth Warren. I always think about what Trump calls her, 0:11:38.480 --> 0:11:41.400 Senator Elizabeth Warren. She is now heading up what she's 0:11:41.400 --> 0:11:46.320 calling the anti Crypto Army Anti Crypto. It's amazing an 0:11:46.360 --> 0:11:49.480 American the land of the Free and American politicians running 0:11:49.480 --> 0:11:51.440 on a platform to take away freedoms. It's pretty crazy. 0:11:52.720 --> 0:11:54.160 And then we have what we you know what we've 0:11:54.160 --> 0:11:57.400 been talking about Operation Choke Point, where they're literally choking 0:11:57.559 --> 0:12:01.200 out these legally recognized businesses, cutting access off to the 0:12:01.240 --> 0:12:05.880 financial system. So we've seen that. We've also seen influencer 0:12:05.960 --> 0:12:09.080 tax attacks really really stepped up. So you know, whether 0:12:09.120 --> 0:12:11.400 that's you know, Warren Buffett. They always love to go 0:12:11.480 --> 0:12:14.079 to Warren Buffett and his partner Charlie Munger and ask 0:12:14.160 --> 0:12:17.680 them what they think about bitcoin. And of course, you know, 0:12:18.679 --> 0:12:22.280 they're in their nineties. They've made billions of dollars off 0:12:22.320 --> 0:12:25.480 the legacy financial system. My guess is they sort of 0:12:25.640 --> 0:12:28.280 like the financial the legacy financial system because it's worked 0:12:28.600 --> 0:12:30.599 very well for them. My guess is they would like 0:12:30.640 --> 0:12:33.920 the legacy financial system to continue because they've got it 0:12:33.960 --> 0:12:36.080 dialed in and they've got it figured out, and they're 0:12:36.120 --> 0:12:38.440 so influential now that they get the government to do 0:12:38.480 --> 0:12:41.440 their bidding and they get to benefit from that. So 0:12:41.480 --> 0:12:44.680 my guess is that they wouldn't be very favorable to 0:12:44.760 --> 0:12:48.280 any type of competition for that. So one, let's let's 0:12:48.360 --> 0:12:50.720 let's let's let's lock these down. So rule number one, 0:12:50.880 --> 0:12:52.960 when you're looking at this type of information coming out, 0:12:52.960 --> 0:12:55.200 you always want to be able to think critically about it. 0:12:55.240 --> 0:12:58.320 So one, who is telling me this information? So in 0:12:58.320 --> 0:13:02.160 this case Munger and Buffett, who's telling me that? What 0:13:02.280 --> 0:13:05.880 potential interest or incentives would they have? Well, they have 0:13:05.920 --> 0:13:08.240 deep ties to the legacy financial system, as I said. 0:13:08.800 --> 0:13:10.120 And then we want to be able to look and 0:13:10.120 --> 0:13:14.080 we want to be able to separate fact from opinion. 0:13:14.280 --> 0:13:16.200 All right, So if I'm looking at this piece from 0:13:16.240 --> 0:13:19.080 the Washington Post, I know it's the Washington Post. I 0:13:19.160 --> 0:13:21.840 know they're basically a mouthpiece for the CIA. I know 0:13:21.920 --> 0:13:24.560 it's most likely going to be propaganda. So when I 0:13:24.640 --> 0:13:26.600 read this post, I'm going to already have that frame 0:13:26.600 --> 0:13:28.640 in my mind. Then as I'm reading the information, I 0:13:28.679 --> 0:13:31.040 want to say, what is fact in here? And what 0:13:31.120 --> 0:13:33.840 is opinion? If I was reading something from RT, it'd 0:13:33.880 --> 0:13:35.880 be like, well, this is a Russian mouthpiece, So now 0:13:35.880 --> 0:13:38.280 I need to be aware of their biases. And if 0:13:38.280 --> 0:13:41.199 I'm reading it from Charlie Munger and Warren Buffett, I 0:13:41.200 --> 0:13:43.559 need to know and be aware of their biases as well. 0:13:44.440 --> 0:13:47.280 And then I have to separate fact from fiction. So 0:13:47.960 --> 0:13:50.800 what does Warren Buffett say about bitcoin? He says bitcoin 0:13:50.840 --> 0:13:53.439 is so stupid. He says it's rat poison. Okay, well, 0:13:53.480 --> 0:13:56.400 that's not fact. There's no fact in that. That's his opinion. 0:13:56.520 --> 0:13:59.000 I don't even know what that means. I guess it's 0:13:59.720 --> 0:14:03.440 bad it kills rats, I mean whatever. So that's certainly opinion. Okay, 0:14:03.600 --> 0:14:05.560 so we know who he is, what his are, and 0:14:05.559 --> 0:14:07.480 that's his opinion. I don't really care about his opinion 0:14:07.559 --> 0:14:12.480 in this matter because it's so biased. Right. We know Gates. 0:14:12.480 --> 0:14:14.600 Bill Gates says that he was gifted some and he 0:14:14.720 --> 0:14:20.000 immediately sold it again. Another person who has a lot 0:14:20.080 --> 0:14:22.760 to gain by having the government to continue to take 0:14:22.760 --> 0:14:25.320 over more and more control and grant him and his 0:14:25.400 --> 0:14:29.760 businesses billions and billions of dollars. Elon Musk, he doesn't 0:14:29.760 --> 0:14:31.640 really understand it. He says that he doesn't like it 0:14:31.680 --> 0:14:34.120 because it's not mind of renewable energy. I think you 0:14:34.120 --> 0:14:36.280 know he had that problem because he's obviously trying to 0:14:36.360 --> 0:14:39.360 sell ev cars, trying to push this kind of renewable 0:14:39.440 --> 0:14:42.000 energy world, and so I think he kind of has 0:14:42.040 --> 0:14:47.560 to say that to sort of bow down to to 0:14:47.760 --> 0:14:49.720 his investors and so much more like that. But let's 0:14:49.720 --> 0:14:51.440 take a look at some of these lies that they've 0:14:51.440 --> 0:14:53.800 told us. So, for example, they say that the bitcoin 0:14:53.840 --> 0:14:55.720 uses so much energy it's going to put a strain 0:14:55.920 --> 0:15:00.560 on energy grids, so people all around the country, you 0:15:00.560 --> 0:15:02.280 aren't going to have enough electricity. It's going to push 0:15:02.320 --> 0:15:04.360 the prices up so high. It's going to put so 0:15:04.440 --> 0:15:06.560 much strain on the grids, the grids will come down 0:15:06.560 --> 0:15:10.240 and people won't have enough energy. Well, let's see how 0:15:10.240 --> 0:15:15.080 that works. So in California, for example, over the last 0:15:15.440 --> 0:15:18.520 six seven years, California has shut down two of their 0:15:18.560 --> 0:15:23.000 three nuclear reactors. We've shut down natural gas electricity plants 0:15:23.600 --> 0:15:26.360 to move to renewables. So we've been building more and 0:15:26.360 --> 0:15:30.280 more and renewables in California. But every summer we have 0:15:30.480 --> 0:15:33.360 rolling blackouts. The grid isn't able to manage that, and 0:15:33.360 --> 0:15:36.360 we continually have rolling blackouts during the summer. I personally 0:15:36.440 --> 0:15:38.120 just had solar panels put on my house, and we're 0:15:38.120 --> 0:15:40.000 putting a generator in so I don't have to worry 0:15:40.000 --> 0:15:42.160 about my power going out when we have roe blackouts anymore. 0:15:42.240 --> 0:15:44.840 But that's not because of bitcoin mining. As a matter 0:15:44.880 --> 0:15:47.200 of fact, there is no bitcoin mining in California. And 0:15:47.200 --> 0:15:49.200 the reason why there's no bitcoin mining in California is 0:15:49.240 --> 0:15:52.800 because the price of electricity is way too high. It's 0:15:52.840 --> 0:15:56.200 way too expensive, so no one comes here. So the grid, 0:15:56.480 --> 0:15:59.360 the grid has been weakened by policies that California put 0:15:59.400 --> 0:16:01.800 in place. The grid has been weakened by shutting down 0:16:01.880 --> 0:16:06.040 nuclear reactors. The grid has been trying to move reliable 0:16:06.040 --> 0:16:08.600 sorts of energy to move to unreliable sources of energy 0:16:08.640 --> 0:16:11.960 like wind and solar, and that has caused grid problems. 0:16:12.080 --> 0:16:15.320 Not bitcoin mining. Now we can see in Texas you 0:16:15.400 --> 0:16:17.480 might point to but Texas. Look at Texas. They have 0:16:17.520 --> 0:16:20.360 all these bitcoin miners there and now they're having problems 0:16:20.360 --> 0:16:22.600 with their with their grid. I know, I also have 0:16:22.640 --> 0:16:25.120 a place in Texas. I know this winter my power 0:16:25.160 --> 0:16:27.000 went out for six days because of an ice storm. 0:16:27.280 --> 0:16:29.520 I know the summer before, power went out because it 0:16:29.560 --> 0:16:31.880 was too hot. And is that because of bitcoin mining 0:16:31.920 --> 0:16:34.520 because there's so much there. But the grid has been 0:16:34.520 --> 0:16:37.760 imbalanced in Texas long before bitcoin mining. As a matter 0:16:37.800 --> 0:16:41.200 of fact, bitcoin mining is helping to balance that grid. 0:16:41.880 --> 0:16:44.280 As a matter of fact. What's happening is, you know 0:16:44.600 --> 0:16:47.600 you need with electricity, you need you need a couple things. Well, 0:16:47.600 --> 0:16:49.560 i'm gonna'm gonna'm I'll go I'm gonna break that down. 0:16:49.600 --> 0:16:51.280 But let's just let's just dive down a little bit more. 0:16:52.680 --> 0:16:54.200 I'm gonna break that down. We'll come back to that. 0:16:54.440 --> 0:16:56.680 We also have been told that bitcoin emits way too 0:16:56.760 --> 0:17:00.640 much carbon, it's bad for the climate. Well, first of all, 0:17:00.800 --> 0:17:03.160 let me say something controversial for you here. You may 0:17:03.200 --> 0:17:05.520 not like this. I don't even think that's a I 0:17:05.520 --> 0:17:09.280 don't even think that's real. I don't believe that the 0:17:09.320 --> 0:17:13.040 carbon is one single thermostat you can control the temperature 0:17:13.040 --> 0:17:16.399 of the world on. I think that well, I don't think, 0:17:16.560 --> 0:17:22.560 I know. Factually, empirical evidence tells us that as we've 0:17:22.600 --> 0:17:26.280 produced more carbon, as the temperature of the Earth has 0:17:26.320 --> 0:17:28.360 gone up in the laste hundred years. From nineteen twenty 0:17:28.400 --> 0:17:31.520 to twenty twenty, human flourishment that the temperature of the 0:17:31.560 --> 0:17:33.520 world has gone about one point two degrees in the 0:17:33.600 --> 0:17:37.040 last one hundred years, and human flourishment has never been better, 0:17:37.720 --> 0:17:42.639 Life expectancy has tripled, wealth has increased, everything has gotten 0:17:42.680 --> 0:17:45.400 better as the temperature has gotten warmer. Now, I don't 0:17:45.440 --> 0:17:49.040 believe that the carbon emissions alone drives the temperature, but 0:17:49.080 --> 0:17:51.879 we do know factually that as the temperature went up, 0:17:52.000 --> 0:17:54.920 human life got better. We produce more food than we've 0:17:54.920 --> 0:17:58.359 ever produced before. So I don't even like that one. 0:17:58.440 --> 0:18:01.399 And then we have the energy comparison, so it uses 0:18:01.440 --> 0:18:05.280 more than an entire country, and things like that. So 0:18:05.320 --> 0:18:07.960 I'm going to break down some of those myths. Letter 0:18:08.119 --> 0:18:09.840 leading with I'm going to break those down, and then 0:18:09.840 --> 0:18:11.760 of course we'll talk about what this means on the 0:18:11.800 --> 0:18:13.520 other side, the big opportunity it's there, and then again 0:18:13.600 --> 0:18:15.399 like mental frameworks to think through this. I'm going to 0:18:15.440 --> 0:18:16.800 take a quick break. If he's tune and you were 0:18:16.840 --> 0:18:19.359 listening to the Mark Moss Show, of course talking about 0:18:19.359 --> 0:18:22.560 the decentralized revolution. Today we're breaking down some of these 0:18:22.600 --> 0:18:25.159 attacks on the bitcoin mining network. Gonna be back with 0:18:25.160 --> 0:18:27.040 more in a minute. Don't go away, I'll be right back, 0:18:27.560 --> 0:18:28.960 all right, Welcome back. If you just tune in, you 0:18:28.960 --> 0:18:31.919 were listening to the Mark Moss Show. We're talking about 0:18:32.320 --> 0:18:38.680 they who are they spreading fud, spreading misinformation in mainstream media, 0:18:38.720 --> 0:18:43.399 attacking bitcoin, attacking I wouldn't say cryptocurrency, just really attacking 0:18:43.440 --> 0:18:48.600 bitcoin specifically around the energy, the energy aspect of it. 0:18:48.920 --> 0:18:51.399 You know, you'll notice that kind of going back to 0:18:51.440 --> 0:18:53.199 the intro. If you were here for the beginning, you 0:18:53.200 --> 0:18:56.280 heard me talking about the fifth generation of warfare, and 0:18:56.320 --> 0:18:58.480 then the fifth generation of warfare, it's really like I said, 0:18:58.480 --> 0:19:04.400 it's more psychological, information driven and money driven, and in 0:19:04.480 --> 0:19:08.600 that they use fear as a way to gain control. Right. 0:19:08.680 --> 0:19:10.840 So during the pandemic, Hey, the whole world's going to die, 0:19:10.840 --> 0:19:12.399 so we have to lock everybody down. If you give 0:19:12.480 --> 0:19:15.800 us all this power, we can save you. And part 0:19:15.880 --> 0:19:19.360 of this fifth generation of warfare is usually these psychological 0:19:19.440 --> 0:19:21.720 levers to gain control, and we don't know really know 0:19:21.760 --> 0:19:24.879 who they are. Right And if you think about it, 0:19:24.920 --> 0:19:28.280 you already start to see the World Health Organization, the UN, 0:19:28.280 --> 0:19:31.000 and the World Economic re Forum are all talking now 0:19:31.080 --> 0:19:34.119 about climate emergencies, climate emergencies, climate emergency. As a matter 0:19:34.160 --> 0:19:36.639 of fact, the Biden administration is on board with a 0:19:36.680 --> 0:19:39.080 new resolution that's been put forth that would give the 0:19:39.160 --> 0:19:43.000 US sovereignty over to the UN currently it's just a resolution, 0:19:43.440 --> 0:19:45.280 but it would give power over to the UN that 0:19:45.359 --> 0:19:47.960 they would have control over the entire world, over every nation, 0:19:48.040 --> 0:19:50.479 including the US because they've laid their sovereignty down, including 0:19:50.480 --> 0:19:53.639 the US in any type of global emergency. When you 0:19:53.680 --> 0:19:56.680 look at what type of global emergencies they are, one 0:19:56.680 --> 0:20:01.080 of those is climate climate emergency. Another one is a 0:20:01.119 --> 0:20:03.639