Speaker 1: Hey, welcome back to another episode of The Mark Moss Show,
Speaker 1: where we talk about the intersection of politics, finance, and technology,
Speaker 1: which of course is bitcoin. We're talking about the decentralized
Speaker 1: revolution that the world is going through. I am coming
Speaker 1: to you from South Beach, Miami, Florida. I am here
Speaker 1: for the Bitcoin two conference. It is going off. We
Speaker 1: got forty people are expected to be here. Man, it's
Speaker 1: growing fast. I am sitting down with Bitcoin's a You
Speaker 1: can find him on Twitter at bitcoin z z a Y.
Speaker 1: We're talking with Isaiah. He is the whole, or the author,
Speaker 1: i should say, of the number one best selling book,
Speaker 1: Bitcoin and Black America. What's up, a h. We actually
Speaker 1: met in person for the first time in Miami. I
Speaker 1: think it was December. Was it December of last year? November? Yeah,
Speaker 1: we're at Michael Saylor's house having a barbecue. That was
Speaker 1: pretty good. That was pretty good. Uh, you're a Scott Milcher, right.
Speaker 1: I think he's around here around here somewhere. I'm supposed
Speaker 1: to see him. Haven't seen him yet. Yeah, shout out
Speaker 1: to Scott. Thanks for the invite. Great speaking with Sailor
Speaker 1: and everybody. So yeah, that was cool. So it's a
Speaker 1: bitcoin in Black America. Why you got to write a
Speaker 1: book on that, because I wanted my community to make
Speaker 1: sure we're a part of the new digital revolution and
Speaker 1: we don't miss it the opportunity to build like we
Speaker 1: did during the Internet age. I mean, my parents, uh,
Speaker 1: and a lot of my older relatives, they didn't take
Speaker 1: the Internet serious and they had the opportunity to build.
Speaker 1: The nineties just kind of let it pass by. So
Speaker 1: this time around, bitcoin is going to be mainstream, so
Speaker 1: the black community has to be involved. That's all it is.
Speaker 1: And one of the main things in our community that's
Speaker 1: always been discussed as equal opportunity. What's more equal than bitcoin?
Speaker 1: More work you put in more, big point, you get
Speaker 1: better a life long time. Yeah, so you know I
Speaker 1: preach the same thing, right Like I've for for a
Speaker 1: dozen years. I've been researching transfers because two thous I
Speaker 1: got my butt kicked and I lost all my wealth
Speaker 1: and I found out all my wealth transferred to somebody else.
Speaker 1: I didn't like that. So I've been studying these you know,
Speaker 1: phenomenons of wealth transfers, how they work, what events set
Speaker 1: set them up obviously, um, and you know volatility of
Speaker 1: the markets like in two thoight causes it, but also
Speaker 1: like new technology, to your point, there's a good opportunity here. Um.
Speaker 1: And you you mentioned equal opportunity. I mean everyone has
Speaker 1: the opportunity to jump in and jump in. It's open source,
Speaker 1: it's permission list. Nobody needs permission, right, so everybody can
Speaker 1: just jump in and take advantage of it. Um, So
Speaker 1: it is an equal opportunity for everybody. Um. Do you
Speaker 1: think that the black community needs like a special invite that, like,
Speaker 1: I mean, don't we just want to tell everybody that's
Speaker 1: equal opportunity to jump in? Uh? I wish it was
Speaker 1: that way. Theoretically speaking, everybody should just get the message.
Speaker 1: But practice a lot of times seeing a black face
Speaker 1: it gets them more open to listening. And it's it's
Speaker 1: sort of disheartening that people can't just get the information
Speaker 1: and get it. But I understand how people work. So
Speaker 1: what we saw was in two thousand nineteen black community
Speaker 1: was least likely to use Big one in crypto and
Speaker 1: then recent pole now we're more likely this year, which
Speaker 1: I believe over the past few years, a lot of
Speaker 1: the changes in the economy, COVID, a lot of the
Speaker 1: market stuff started pushing towards big play more so I
Speaker 1: realized that's what was needed. And of course long term
Speaker 1: it's for everybody. So the message is gonna be Yeah,
Speaker 1: it doesn't matter about race, religion, social status. But I
Speaker 1: think these groups that were, you know, basically divided into
Speaker 1: whatever subsection you put yourself into, they need a good
Speaker 1: Bitcoin message, not the number go up, get rich tomorrow scheme.
Speaker 1: So yeah, it's certainly nice to have somebody that you
Speaker 1: can identify with. You know, I'm I'm. I grew up
Speaker 1: racing dirt bikes. I love racing dirt bikes, and one
Speaker 1: of the best dirt bike racers in the world. James
Speaker 1: Stewart is a black guy, you know, and uh, you know,
Speaker 1: once he got in and he he was the best.
Speaker 1: I mean, he was insane, and you know, then it
Speaker 1: just I think, you know, other black people, but I said,
Speaker 1: oh well we can do that too, right and stuff.
Speaker 1: So there's some of that. So I get that and
Speaker 1: no different than any other you know, women, the same thing,
Speaker 1: right if a woman can do it, like other women
Speaker 1: are like, oh shoot, if they can do what I
Speaker 1: can do too, So I guess the same thing there.
Speaker 1: I can also say to the media, does a good
Speaker 1: job of the portrayal of the bitcoin community being only
Speaker 1: white males, and they use that as like a negative.
Speaker 1: It's only white white males getting it's even exclusive, the
Speaker 1: same exclusive club white males a getting rich again and
Speaker 1: nobody else is in the market, which is um, that
Speaker 1: is not something that is even remotely close. We have
Speaker 1: a global market. Uh, And somehow the media message is
Speaker 1: still the same. It's a bad evil white man taking
Speaker 1: over again. And yeah, a little uh, a little disheartened
Speaker 1: thing about that too. So yeah, let's talk about that
Speaker 1: for a minute. Um, you're listening to the Mark Ma Show.
Speaker 1: I'm sitting down with bitcoin z A. I'm talking with
Speaker 1: Isaiah the author of Bitcoin Black. What was it Bitcoin
Speaker 1: in Black America? Sorry, Bitcoin in Black America. Um, we're
Speaker 1: talking about bitcoin. We're at the Bitcoin conference in Miami.
Speaker 1: But um, let's go back to just you know, the
Speaker 1: black and white thing or what not even black and white.
Speaker 1: Just we're in a world today of identity politics and
Speaker 1: they're trying to break us down by our identities. So
Speaker 1: to your point, um, it's uh, you know, white men
Speaker 1: to your point in bitcoin, but maybe two women is
Speaker 1: just men in bitcoin. So it's like whatever they can divide. Hey,
Speaker 1: men versus women, white men versus black men, gay men
Speaker 1: versus straight men, I mean like religious, non religious, I
Speaker 1: mean all of that still use the same subsections to
Speaker 1: divide us up and then there and then they're trying
Speaker 1: to break us down to the lowest common that. I'm
Speaker 1: very well, it's like, well, I'm a woman, who, I'm
Speaker 1: a black woman, who I'm a gay black woman. Well,
Speaker 1: I'm like, just keep it, just keep it going, you know.
Speaker 1: But um, but I like to say that we don't
Speaker 1: align on identities, relign on values exactly right. You agree
Speaker 1: with that absolutely, and I think more people need to
Speaker 1: understand that that is how has always been. It's just
Speaker 1: on the surface level. People have used those inviders to
Speaker 1: put us in the groups. But once you get into groups,
Speaker 1: you realized, I don't know, agree with these everybody, And yeah,
Speaker 1: so you have to identify with people. I identify with bitcoinners.
Speaker 1: That's pretty much it. And we identify with different groups
Speaker 1: at different times. So I'm a surfer, so sometimes I'm
Speaker 1: in my surfing group, but I don't agree with everybody
Speaker 1: in on a surfing group, and I'm there because we
Speaker 1: align on surfing. And then you know here, I'm in
Speaker 1: a Bitcoin group and I'm align with these guys in
Speaker 1: but I don't align with them on everything. And then
Speaker 1: later I'm gonna go back and be in a California group.
Speaker 1: And is that what should be thank for yourself? You
Speaker 1: don't have to, you know, be a part of the
Speaker 1: crowd and oh we all agree together and the whole
Speaker 1: the bubble people put themselves in where everybody agrees, we're
Speaker 1: here for this, we agree on this. Cool, and then
Speaker 1: move on. Yeah. Yeah, do you think uh, I mean,
Speaker 1: do you think that message has really been getting exaggerated
Speaker 1: me and really trying to break us down from identities
Speaker 1: you said? I think you said earlier like that's how
Speaker 1: it used to be. Uh as far as the identity, well,
Speaker 1: in my mind, that's how it used to be because
Speaker 1: I don't see any oppression stopping anybody from anything. Uh.
Speaker 1: It may be a little harder for you, maybe a
Speaker 1: little easier for some people, but there's nothing stopping you today.
Speaker 1: And I think that's the biggest message people need to get.
Speaker 1: And the media is constantly trying to tell, uh, tell
Speaker 1: people why they're oppressed, but why they can't do something,
Speaker 1: which is the opposite message. You should be giving people.
Speaker 1: I'm telling people why they can succeed and why you
Speaker 1: do have equal opportunity. No more excuses. So what you're
Speaker 1: gonna do now? And uh, I want to shout out
Speaker 1: to Mark you, but I remember he did a interview
Speaker 1: in the two thousands. He said the reason why I
Speaker 1: have a state of the art locker room with TVs
Speaker 1: and the best So no more excuses. I don't want
Speaker 1: to hear. We can win the championship. You have everything.
Speaker 1: You have the best doctors, you have the best medical staff, everything,
Speaker 1: So no more excuses. And that's that's where I'm at now. Yeah. So, UM,
Speaker 1: you have in front of you right there my new
Speaker 1: book I just wrote with Alex Fetzki. It's called The
Speaker 1: Uncommunist Manifesto. So we took the Commons Manifesto we wrote
Speaker 1: it called the Uncommunist Manifesto. And in the Communis Manifesto
Speaker 1: Carl Marks um, By the way, if you're listening to
Speaker 1: check out Uncommunist dot com. We're still in the book
Speaker 1: launch you can support UM Uncommunist dot com. But in
Speaker 1: the original Commons Manifesto, Carl Marks talks about UM dividing
Speaker 1: people by two classes, rich and poor, proletariat and boo
Speaker 1: UZI I don't know what the definition is of rich
Speaker 1: and poor, Like, at what point do you cross into
Speaker 1: the booze bussie? And then if I happen to fall
Speaker 1: into that kind of what does that automatically mean I'm
Speaker 1: an oppressor? Like like, you just worked hard to make
Speaker 1: a lot of money, you must be person. Yeah, now
Speaker 1: I gotta be like like, but but at what point,
Speaker 1: like you know what I mean? Like Biden says, they
Speaker 1: won't attacks of a four thousand, but if you live
Speaker 1: in like southern California, four in thousand doesn't go as
Speaker 1: far as it does in Kansas, for example. Right, So
Speaker 1: it's like, uh so dividing, dividing these things. But back
Speaker 1: to kind of this identity, they break it down and
Speaker 1: then they make the in in the comin ofesto, they
Speaker 1: make the oppressed, the proletariat victims. You can't get ahead
Speaker 1: because of these evil capitalists. You have nothing to offer
Speaker 1: to the market. They say that the proletariat has nothing
Speaker 1: to offer but their labor, and their labor won't ever
Speaker 1: turn into capital. So hey, it's not your fault. You
Speaker 1: don't have anything to offer. All you have is your labor,
Speaker 1: they don't value that, and it's just like victim victim, victim,
Speaker 1: victim victim, you know, and it's like, so if we
Speaker 1: don't go take from these guys, then what are you
Speaker 1: gonna do? And so that's really how they frame that up. Um,
Speaker 1: you're listening to the Mark mos Show. I'm sitting down
Speaker 1: with Isaiah Uh. You can find them on Twitter at
Speaker 1: Bitcoin's a that z A. Y is the author of
Speaker 1: the book Bitcoin and Black America, number one best selling book,
Speaker 1: so you should check it out Bitcoin in Black America.
Speaker 1: We're coming to you from the Bitcoin conference in Miami
Speaker 1: about forties thou people are descending here. Um, we got
Speaker 1: a lot more to dig into with bitcoin Esa when
Speaker 1: we get back in a second, So do not go away,
Speaker 1: all right, welcome back. You are listening to the Mark
Speaker 1: Moa Show. We're talking about the intersection of politics, finance,
Speaker 1: and technology, which of course is bitcoin, and it is
Speaker 1: taking us into the decentralized revolution. The entire world is
Speaker 1: changing as we speak, right before very eyes. We're talking
Speaker 1: about before the break, this identity politics. Isaiah Bitcoin's wrote
Speaker 1: this book, Bitcoin and Black America, and we're talking about
Speaker 1: some of this identity politics. Um, and it coincides with
Speaker 1: this book that I just wrote, which is the Uncommunist Manifesto,
Speaker 1: because um, Karl Marks in the original Commons Manifesto also
Speaker 1: kind of started this identity politics if you will. Um,
Speaker 1: it wasn't black and white, it was rich and poor.
Speaker 1: But it's kind of the same thing. Um. One of
Speaker 1: the things that Alex and I addressed in that book
Speaker 1: was why is that book? Why is that ideology so attractive? Then? Uh,
Speaker 1: like you know, it's a hundred and seventy five years
Speaker 1: and it just like the book won't go away like, um,
Speaker 1: but it it. Why do you think ideas like identity
Speaker 1: politics victimhood if you will are so attractive to certain
Speaker 1: groups of people. Well, it's easier to complain and basically
Speaker 1: say there's no way out and then say, well, everything
Speaker 1: is somebody else's fault. It's always easier. It's easier to
Speaker 1: be lazy that we just know how that is. That's
Speaker 1: it exactly, And I've never really seen people work hard
Speaker 1: and not succeed. It may take a little longer, Like
Speaker 1: I said before, maybe some people had it easier, but
Speaker 1: I don't see whether division and classes at division and
Speaker 1: race how that is the reason why you're not succeeding.
Speaker 1: That's that's that's market. Uh So, No, granted some people
Speaker 1: might have it harder than others. We all we're all
Speaker 1: dealt with different hands, exactly. Yes, And I think when
Speaker 1: you see some of the international problems that we've seen
Speaker 1: in other countries, you start to compare yourself. You're the
Speaker 1: top ten percent if you have a car in the house,
Speaker 1: I mean basically the top ten per cent of the world.
Speaker 1: So it's it really depends on how you look at it. So, um,
Speaker 1: I think that's easy. That's the low hanging fruit. Just
Speaker 1: tell people they're victims and you don't have to ever
Speaker 1: deal with them trying to succeed. Tell people they can succeed. Now,
Speaker 1: all of a sudden, you have way more competition and
Speaker 1: people who are actually confident in their abilities. So a
Speaker 1: lot of times I think that's being used to suppress
Speaker 1: people's mindset, which that's really all it takes is a
Speaker 1: change of mindset to say I want to succeed, and
Speaker 1: then once you have that, you have generations of people
Speaker 1: telling them, oh, yeah, you can't succeed anyway, you can't
Speaker 1: make it out of here anyway. So yeah, unfortunate, but
Speaker 1: it does happen. I think that's a big reason that's
Speaker 1: still going on. Yeah. Yeah, people just like to be
Speaker 1: that victim. So if we bring this back to bitcoin
Speaker 1: and back to your book, Um, so you're really encouraging
Speaker 1: empowering black people, like, hey, this is opportunity. You have
Speaker 1: any co opportunities permission list, everyone can join, you know,
Speaker 1: get in, really get this wealth and benefit from that
Speaker 1: wealth transfer. Um, which I like. So, Um, how's that
Speaker 1: been received. It's been It's been pretty good. I have
Speaker 1: had some pushback from a lot of people who it's
Speaker 1: unfortunately some people don't want to be free. Yeah, it's
Speaker 1: too much work. You can show somebody freedom and they'll
Speaker 1: still say no, simply because they have to put work in. Uh.
Speaker 1: And unfortunately, we're starting to see people, uh use other
Speaker 1: reasons why they don't like bitcoin, Like for the first
Speaker 1: time ever, the environmental things started coming up amongst people
Speaker 1: that I've been on book tour and seen. So that
Speaker 1: maybe just another reason why they don't want to get
Speaker 1: into it or don't understand it. But it's been well received.
Speaker 1: I had a book tour nationwide. Um, and I really
Speaker 1: only have one person argue with me. It was funny.
Speaker 1: By the end of argument, he already told me that, well,
Speaker 1: I do own bitcoin, but I just wanted to go
Speaker 1: back and forth. All right, well, but I have I
Speaker 1: have seen it. I have seen the media angling bitcoin
Speaker 1: where it's you know, to your point you made earlier,
Speaker 1: just like white you know, old white rich guys kind
Speaker 1: of thing or whatever. Um do you think if they
Speaker 1: position it like that, then the black community wouldn't want
Speaker 1: to adopt it, like, oh, it's for them, Like, we're
Speaker 1: not gonna do that kind I think that's the play.
Speaker 1: The chasm I'm waiting for is the fact that the
Speaker 1: Democratic Party we vote like in our community, that's the
Speaker 1: party that's pushing that bitcoin is not available for minorities,
Speaker 1: or that it's environmental issue, or that is going to
Speaker 1: cause uh or that is causing inflation, whatever they can
Speaker 1: use to keep communities out of bitcoin, which is hilarious
Speaker 1: because if you say you're for the people that voted
Speaker 1: for you, why don't you push that message? So that
Speaker 1: chasm is coming soon. There's a lot of black people
Speaker 1: who understand that message is intcorrect. We have the information
Speaker 1: there now, and that's gonna be interesting to see. I
Speaker 1: think the next primary people are gonna start looking at
Speaker 1: more people who have pro bitcoin. And it's on both
Speaker 1: sides of the aisle. So yeah, it's really more about
Speaker 1: economics at this point. Yeah, we've seen a lot of
Speaker 1: very prominent black athletes, um come out like heavy pro bitcoin.
Speaker 1: There was Wrestle of Kong. I think he was like
Speaker 1: the big one. He was really pushing in. But here
Speaker 1: at the bitcoin conference we have Serena Williams, Um, she
Speaker 1: needs no introduction, and she's in investing into these big
Speaker 1: wain companies. And then um, what's his name, the other
Speaker 1: football or the Odell Beckham, Odell Beckham, he's here and
Speaker 1: so we're starting to see that that's got to be helping.
Speaker 1: I would imagine a lot. Yeah, definitely with marketing. Uh,
Speaker 1: people look up to athletes, they look up to entertainers.
Speaker 1: When they say it, they listen to them. But one
Speaker 1: thing I would like to change in the black community
Speaker 1: is that our quote unquote leaders are just entertainers and
Speaker 1: people play sports. That's one thing I don't see a
Speaker 1: lot in other communities. Or is that is that? Is
Speaker 1: that true? Though? I mean we had a black president,
Speaker 1: we have a black vice president. I mean exactly, Well
Speaker 1: that's what I'm talking about what we consist stereotypically, what
Speaker 1: we consider the people who influence the youth. And by
Speaker 1: that I mean it's it's not a lot of businessmen,
Speaker 1: it's not a lot of authors and economists in the
Speaker 1: black community that are held that high right right right,
Speaker 1: the community themselves are looking more up. And that's what
Speaker 1: I would like to shift, is that real thought leaders
Speaker 1: and the people changing things are at the top. That's
Speaker 1: what you're listening to. And then entertainment, sports whatever, they're cool.
Speaker 1: But unfortunately for right now, if you know Jay Z
Speaker 1: or if somebody who's you know, pretty popular community says it,
Speaker 1: their word is bigger than somebody like myself, which again
Speaker 1: I've been in the space almost ten years, and uh,
Speaker 1: you know, some of these famous people are just getting
Speaker 1: in just now. You don't even know how to explain
Speaker 1: anything to you. So hopefully that changes, but it is
Speaker 1: needed because that is where we are right now. People
Speaker 1: who look at social media and TV all times, so
Speaker 1: that's what they look up to. So let's talk about
Speaker 1: bitcoin a little bit and then back to the tie
Speaker 1: back to the black community. But um, a lot of
Speaker 1: times people look at bitcoin and and uh, well you
Speaker 1: mentioned like um, entertainers and athletes, right, so like, um,
Speaker 1: it seems like uh, and not specifically black community or
Speaker 1: any any in identity, but just overall in the United States,
Speaker 1: we're really starting to like demonize rich people like, oh,
Speaker 1: Jeff Bezos, he's you know, he's greedy, he's a crook
Speaker 1: or Elon Musk or whatever. Right, and we're demon demon
Speaker 1: is enriched people. But then like in sports, like Lebron
Speaker 1: James is like the best basketball player or whatever, and like, uh,
Speaker 1: nobody demonizes Lebron James for being so good at basketball
Speaker 1: making a bunch of money. So what do you think
Speaker 1: the difference is, Like, why would somebody demonize, uh, someone
Speaker 1: making a lot of money but not someone who dominates. Similarly,
Speaker 1: but in sports, I think it's the thought process that
Speaker 1: the rich should be giving back to whoever whoever doesn't
Speaker 1: have it. It's this thought process. I think the media's
Speaker 1: brain watched people into thinking that the wealth someone else
Speaker 1: has should be redistributed, much like the communist original Communist
Speaker 1: Manifesto was saying, and that if it isn't that they're evil,
Speaker 1: people do in reality the money. You know, what about
Speaker 1: Lebron James, he's super rich. Oh yeah, yeah, and I
Speaker 1: don't get I mean, people like it because I think
Speaker 1: they think he deserves it because he's the best of
Speaker 1: what he does. But they don't look at Jeff bezos Hays,
Speaker 1: the Lebron James for his industry or other CEOs as
Speaker 1: the Lebron James. They don't know how much work they
Speaker 1: put in in order to get to that point. Uh.
Speaker 1: They see him on TV, and I think that's more
Speaker 1: of the differences that oh, he's on TV, he's famous,
Speaker 1: he should have this money, and then when somebody else
Speaker 1: achieves something gets to billion their status, Uh, they usually
Speaker 1: thinks himself, well, you had to step on somebody to
Speaker 1: get there, or you had to do something the furious Unfortunately,
Speaker 1: you know, I hope that's not people stop for us
Speaker 1: this long term. But I think the rich have always
Speaker 1: been looked at, is hated because a lot of the
Speaker 1: Communist Manifesto has been pushed that thought process throughout education system.
Speaker 1: I always hate the rich, even if you become one
Speaker 1: of them. Uh, even if you become rich, people are
Speaker 1: apologizing unless unless you're Jay Z or your Lebron James,
Speaker 1: then they're not hated. And Jay Z is a billionaire.
Speaker 1: No one's hating him over it. People like you, Yeah, yeah,
Speaker 1: I well, you know, one is like you said, looked
Speaker 1: up to um. One is not right, one is more famous,
Speaker 1: one is not. One drives culture, one doesn't. I have
Speaker 1: my own ideas about that. I'll tell you what I
Speaker 1: think about it that in a minute, and we'll bring
Speaker 1: it back to bitcoin, because I think it's an important
Speaker 1: piece that I think bitcoin can fix. And like a
Speaker 1: lot of other things, you're listening to the Markma Show,
Speaker 1: I am sitting down with Isaiah bitcoin zas the author
Speaker 1: of Bitcoin and Black America, and we are coming to
Speaker 1: you from Miami Beach, Florida right now for the Bitcoin Conference.
Speaker 1: About forty thou people coming into town for this. It
Speaker 1: is growing fast. We talked about early on if you're
Speaker 1: with us, Isaiah was talking about how this is a
Speaker 1: big opportunity for black of my it's a big opportunity
Speaker 1: for everybody. UM. And it is still early, so you
Speaker 1: haven't missed your chance. Um, if you haven't bought some bitcoin,
Speaker 1: I have five dollars worth. Buy five dollars worth. You're
Speaker 1: gonna spend more than that on lunch. Get in, but
Speaker 1: don't go away. We'll be right back with more. All right,
Speaker 1: welcome back. You are listening to the Mark Mo Show.
Speaker 1: We're talking about bitcoin. We're talking about the decentralized revolution
Speaker 1: that is happening all across the world as we speak.
Speaker 1: It's literally changing the world before varies. I'm coming to
Speaker 1: you from Miami Beach from the Bitcoin Conference two and
Speaker 1: I'm sitting down with Isaiah we're talking with he's on
Speaker 1: Twitter at Bitcoin's a author of Bitcoin and Black America.
Speaker 1: And before the break, we're kind of talking about it's
Speaker 1: a big opportunity for Black America. That's that's his book
Speaker 1: is about. It's a big opportunity for everybody. Um, And
Speaker 1: we're talking about some some of this identity politics. It's
Speaker 1: really separated the black community, but to separate everybody's sexes
Speaker 1: and races and genders and preferences and all that today. Um,
Speaker 1: but I was asking you, you know, uh, we're talking about, um,
Speaker 1: why why you might look at Lebron James being so
Speaker 1: good and uh and so rich and nobody demonizes him.
Speaker 1: But if Jeff Bezos or Elon Musk gets rich, then
Speaker 1: people dominates them. And I've I've thought about this quite
Speaker 1: a bit, and I was thinking. It's that people view
Speaker 1: the rules of basketball are fair. The rules of basketball
Speaker 1: are fair, but everybody knows the rules of the financial
Speaker 1: system are not fair. I know that for Lebron James
Speaker 1: to be the best basketball player, he's played by the
Speaker 1: same rules and guidelines as every other player. But I
Speaker 1: look at these rich people in the financial system and
Speaker 1: they have not played by the same rules. Now, um,
Speaker 1: we're all we're all dealt with different hands. Lebron James
Speaker 1: is genetically gonna. I'll never compete with him. I'm not
Speaker 1: as dull as him. Yeah, you know. I mean I'll
Speaker 1: never compete with him. Nor did I have parents like
Speaker 1: he had. And his parents probably gave him good genetics,
Speaker 1: and they probably pushed him from a young age, and
Speaker 1: he's probably played, know, worked really hard his whole life.
Speaker 1: I didn't have that. My parents didn't teach me. My
Speaker 1: dad doesn't play basketball. He didn't teach me how to play.
Speaker 1: My parents didn't push me to do that. So I
Speaker 1: didn't have the same opportunity as him. Um, but I
Speaker 1: could have. I mean, I still could have gone and
Speaker 1: play basketball. I mean, there were kids in my neighborhood playing,
Speaker 1: white kids playing basketball. I could have done it, but
Speaker 1: I didn't. But I don't view that as wrong because
Speaker 1: we played by the same rules. And so what do
Speaker 1: you think about that? Oh? Yeah, well I didn't agree
Speaker 1: with that. Like you said, people look at the financial
Speaker 1: system think it's unfair in different spots. You look at basketball, football, baseball, whatever,
Speaker 1: professional sports, they all play the same rules. So yeah,
Speaker 1: I didn't agree with that. And I also think, uh,
Speaker 1: anything that you're blessed with, like Lebron's ability, you know, size,
Speaker 1: uh people, you know, anybody in the sports industry usually
Speaker 1: blessed that way. Use what you have to get what
Speaker 1: you want. And I think that's what people are misconstrolling
Speaker 1: with the financial side, is people were using what they
Speaker 1: had to get what they want. Um, they just didn't
Speaker 1: play by the same set of rules. Yeah, and if
Speaker 1: you look at basketball. Again, I'm not a basketball player,
Speaker 1: so but I still have the analogy. But like you
Speaker 1: have like a big player like Lebron and maybe a
Speaker 1: little player like Curry, and they're totally different, but they
Speaker 1: still have to abide by the same set of rules,
Speaker 1: but the way they approached the game is different because
Speaker 1: of their strengths and weaknesses they have. Even though the
Speaker 1: rules are set, whereas in the financial system the rules.
Speaker 1: The rules get changed today and so well, I will
Speaker 1: say with Steph, I grew up with Stephan Charlotte, playing
Speaker 1: basketball with him. I think I'm the last person to
Speaker 1: beat him a three point Oh that's a big claim.
Speaker 1: It's true. I beat him at his dad's camp. Uh.
Speaker 1: But I will say about him is the advantage he
Speaker 1: had was his dad playing NBA, So his dad knew
Speaker 1: exactly what workouts to do for him and his brother
Speaker 1: to be better than people who were small, you know,
Speaker 1: other smaller guards. So they have sent it past everybody else.
Speaker 1: So he used what you have, used what you have
Speaker 1: to get where you're at. Because Lebron didn't have any
Speaker 1: parents that playing the NBA, but he had the size advantage.
Speaker 1: That's the thing. Yeah. The other thing I think about
Speaker 1: two is that is that Alex Fetzki and my co
Speaker 1: author of the book on Communist Manifesto again check it
Speaker 1: out on commons dot com um. He says that if
Speaker 1: we either have a fair rules and an unequal outcome,
Speaker 1: or we have unequal rules and an equal outcome. So
Speaker 1: if you want, if everyone has pushing equality in order
Speaker 1: to get equality, then we have to treat people differently,
Speaker 1: because if we treat everybody the same, then we get unequal,
Speaker 1: which is how supposed to be. I mean, everybody should
Speaker 1: have the equal opportunity, but there is no guarantee that
Speaker 1: you're going to succeed. There's no guarantee that what you
Speaker 1: do is gonna make sense. And you're right, you have
Speaker 1: to treat people differently. And what that ends up doing
Speaker 1: is you have people like, for example, I've literally had
Speaker 1: white people tell me I'm oppressed and I'm looking at
Speaker 1: them like, no, I'm not. That's kind of what I
Speaker 1: had to get out of California. It's too many people
Speaker 1: that just feel sorry for you just because of my race.
Speaker 1: And that's the thing is like, now you have to
Speaker 1: treat people like well, just because of this something, this
Speaker 1: must be happening, and that's where you start getting into
Speaker 1: Actually that is more biggoted than the other way. Treat
Speaker 1: everybody the same and whatever the outcome is is it's
Speaker 1: up to the individual person. So uh, you know, people
Speaker 1: don't want to take responsibility for their actions. Accountability is
Speaker 1: a huge issue in today's age. So yeah, that that
Speaker 1: is how it works, and that's how it should as
Speaker 1: far as The other thing though, too, is that if
Speaker 1: everybody wants to quality, so they see Jeff Bezos or whatever,
Speaker 1: and he's super rich, and like, why does he have
Speaker 1: all that money? Like he should give me some of
Speaker 1: that money? We should share equally. Well, um, Jeff Bezos,
Speaker 1: I'm guessing. I don't know, but I'm guessing he probably
Speaker 1: worked eighty hours a week for twenty years straight. So
Speaker 1: does everybody? Should everybody equally have to work eighty hour
Speaker 1: week for twenty years? Because I don't want to do
Speaker 1: that exactly, Most people don't. I don't want to do that.
Speaker 1: So like people think, well, equally, we should have the
Speaker 1: same money, but equally, do you want to work as
Speaker 1: hard as he did? Yeah? No, most people don't. And
Speaker 1: that's the that's the bad part is people just see
Speaker 1: the end result. They don't see all the long nights,
Speaker 1: you know, all the times may almost want bankrupt, or
Speaker 1: the idea was bad. They don't see all of that,
Speaker 1: see the result and say, will how can how can
Speaker 1: I get some of that? The funny thing is people
Speaker 1: will complain about it and stuff Amazon account, Yeah you're
Speaker 1: the one funding this, Yeah you know. I just think
Speaker 1: if you really do have a problem with billionaires stop
Speaker 1: using their products. Yeah, that's your protests, so to say, yeah,
Speaker 1: but but but yeah, you just equally I don't want
Speaker 1: to work out hard. And even back to the basketball analogy,
Speaker 1: I mean, how much has Lebron you know, sweated and
Speaker 1: played his whole life. I don't want to do that.
Speaker 1: I have friends that have moved down to Central America
Speaker 1: El salvad Or, Nicaragua. They live on the beach in
Speaker 1: a hammock, and they fish and they serve all day
Speaker 1: and they're perfectly happy with that. Why should they be
Speaker 1: forced to go work eighty hour weeks for twenty weeks.
Speaker 1: They shouldn't. They shouldn't, And if you don't want to,
Speaker 1: then don't expect the same. Alcolm. Yeah, it's very simple.
Speaker 1: It's simple. It's simple, and so I think that's bringing
Speaker 1: it back to bitcoin. And so that's the advantage. So
Speaker 1: if if we can, if we can be okay with
Speaker 1: sports guys being better, more skill, more fame, more money,
Speaker 1: because we view it as fair rules. If we can
Speaker 1: bring fairness back to the financial rules, maybe we can
Speaker 1: actually start to celebrate success again. Exactly. Yes, And I
Speaker 1: think you think bitcoins are way more fair system. Absolutely
Speaker 1: protocol is built every everybody can view it. As you said,
Speaker 1: permission lists, open source, and uh, you get rewarded for
Speaker 1: your time. That's the biggest thing I like. I like
Speaker 1: about bitcoin is the time you put in for work.
Speaker 1: You're rewarded as the value of bitcoin grows over time.
Speaker 1: And I think that, what do you mean just like
Speaker 1: in its savings, Yes, as a saving account, So you're
Speaker 1: rewarded for the work that you put in. Whereas with inflation,
Speaker 1: you can work really hard for thirty years and your
Speaker 1: money has been constantly stolen from you over that time.
Speaker 1: The bitcoin over the next thirty years, all of the
Speaker 1: work you put in to get bitcoin will reward you
Speaker 1: for your time. And you know, some people could have
Speaker 1: the saving because of a sixty year old at twenty
Speaker 1: years old right now, just because they decided to accept
Speaker 1: bitcoin instead. So it rewards you for your time. And
Speaker 1: it basically keeps in line with the ethos that people
Speaker 1: that work and put in the work should be rewarded
Speaker 1: as we all use the same system, which is reversed
Speaker 1: right now. You actually punished being a worker right now
Speaker 1: with inflation, hot taxes and things like that. Yeah, if
Speaker 1: you think about that, um, you know, the division of
Speaker 1: labor allowed me to be really good at one thing,
Speaker 1: and you'd be really good at another thing, and then
Speaker 1: we trade. And if I could be really good at
Speaker 1: one thing, then I should I'm gonna cure cancer, for example, right,
Speaker 1: and I I should be able to focus just on curing cancer.
Speaker 1: But because our money system is so inflation or it's
Speaker 1: literally stealing the value from us, and so rather than
Speaker 1: me being the best brain surgeon or best you know,
Speaker 1: curring cancer, um, I have to be part time that
Speaker 1: and part time investor. And if I do two things,
Speaker 1: I'm not really good at either one. And so no,
Speaker 1: half my time is spent trying to invest just so
Speaker 1: I don't lose my savings that melting ice cube. And
Speaker 1: if you think about it like that, like think about
Speaker 1: all the brain power that's just been sucked out of
Speaker 1: the world, Like how much more advancement could we have
Speaker 1: gotten if people could just be a brain surgeon as
Speaker 1: opposed to being an investor. And and even to your point,
Speaker 1: I mean people that are working that you just made
Speaker 1: the point, like you know, people work twenty years and
Speaker 1: they save their money and at the end it's not
Speaker 1: worth anything. This is it's crazy and now we're in
Speaker 1: the gig economy. Nobody does one thing anymore, right, I mean,
Speaker 1: I don't think anybody under twenty five has one single
Speaker 1: job that they do. They have side hustles or things
Speaker 1: that they do to make extra money. But you're right,
Speaker 1: when inflation comes, you've got to get back on the
Speaker 1: hampster wheel and keep it going. Yeah. Yeah, So if
Speaker 1: you'll be able to just save your money now you
Speaker 1: don't have to be this this forced investor, which is
Speaker 1: definitely gonna change things as well. You're listening to the
Speaker 1: markma Show. We're talking about bitcoin. If you haven't caught
Speaker 1: on already, we're talking about the decentralized revolution that's changing
Speaker 1: the world as we speak, and we're coming to you
Speaker 1: from Miami for the Bitcoin two Conference. I am sitting
Speaker 1: down with Isaiah you can find them on Twitter at
Speaker 1: bitcoin z as, the author of one of the best
Speaker 1: selling books for Bitcoin and Black America. We're gonna be
Speaker 1: right back with more, so don't go away, all right,
Speaker 1: Welcome back. You are listening to the Markmas Show. We're
Speaker 1: talking about bitcoin and the decentralized revolution that is changing
Speaker 1: the world right now. I'm sitting in Miami for the
Speaker 1: Bitcoin Conference two, and uh, it's big. It's a big deal.
Speaker 1: It's been amazing to see it rise. And uh uh
Speaker 1: a couple of years ago it was like a few
Speaker 1: thousand people. Last year's like fifteen thousand people. This year's
Speaker 1: like forty people. It's amazing. It's a movement. It's growing,
Speaker 1: but it's still not too late. I'm sitting down with Isaiah.
Speaker 1: You can find them on Twitter at bitcoin z is
Speaker 1: the author of Bitcoin Black America, and he is trying
Speaker 1: to help bring more people into the space by helping
Speaker 1: people understand it's permissionless. It's an equal opportunity for everybody.
Speaker 1: Everybody has an opportunity. Now, Um, we're talking about um,
Speaker 1: before the break, we're kind of using this kind of
Speaker 1: football Um sorry but basketball analogy with the rich and
Speaker 1: the poor and whatever, and we're talking about how there
Speaker 1: was a fair set of rules. Maybe people would like
Speaker 1: that system better, which of course they would, um, but
Speaker 1: a lot of people would still say that bitcoin is
Speaker 1: unfair because, um, you have the ability to buy a
Speaker 1: bunch of bitcoin right now, and what about the poor
Speaker 1: people that won't know about bitcoin in a year for
Speaker 1: a year or two from now? What do you have
Speaker 1: to say about that. Oh yeah, well, the fairness of
Speaker 1: bitcoin doesn't come from how much you own, It comes
Speaker 1: from the notes. The decentralization of bitcoin is that nobody
Speaker 1: can change the rules. So if we all have the
Speaker 1: same set of rules, everybody starts at different places, and
Speaker 1: the accumulation of bitcoin can be You can be richer
Speaker 1: than somebody and only buy a hundred bucks worth, but
Speaker 1: you can also have less money and dollar cost average
Speaker 1: over time and far outdo how much bitcoins in one has.
Speaker 1: So just because people start at a certain place doesn't
Speaker 1: mean that it's unfair. That people are buying as much
Speaker 1: as possible and the rules can't be changed because you
Speaker 1: have more bitcoin, that's the system. Where now big piece,
Speaker 1: that's the huge piece. You have more money, you have
Speaker 1: more influence, you can get you know, super PACs, you
Speaker 1: can get uh lobbyists to change the rules and get
Speaker 1: more money for yourself. Can't do that in a biitcoin, right,
Speaker 1: no matter how much they own. Yeah, that's a big piece.
Speaker 1: So unlike Bitcoin, the other fifteen thousand or whatever all
Speaker 1: coins cryptocurrencies that are out there, most of most of those,
Speaker 1: the big majority um run a different algorithm called proof
Speaker 1: of steak um, and so whoever has the most tokens
Speaker 1: can stake them and they get the votes and they
Speaker 1: can do whatever they want with the network. And the
Speaker 1: point that you're making is that with bitcoin you don't
Speaker 1: have that ability. So just because you may own a
Speaker 1: bunch of bitcoin doesn't mean you have any more influence
Speaker 1: control over network anybody else. So yeah, Elon can't change
Speaker 1: the rules anymore than I can. And he's rich man,
Speaker 1: and you know, so that's the good thing. And I
Speaker 1: still can't unsee. POS always looks like piece of ship,
Speaker 1: but it also describes the system. Are you're doing is
Speaker 1: a digital version of what we already have. And uh,
Speaker 1: you're you're putting lipstick on a pig by saying yeah,
Speaker 1: a proof of steak is great for the environment, is faster,
Speaker 1: we can get more done. But what they don't tell
Speaker 1: you is again the control is given up as soon
Speaker 1: as you have a set of validators or a group
Speaker 1: of people that have more money. Yeah. Yeah, And and
Speaker 1: that goes back to the basket basketball analogy. And so
Speaker 1: it's fair because the rules are fixed, and so in
Speaker 1: a POS system, they can change the rules if they
Speaker 1: have more votes. And so then we're back to a
Speaker 1: situation like you said, just like what we have now
Speaker 1: with the Federal Reserve. Yeah. I mean, if the monetary
Speaker 1: policy is constantly changing, you don't have a monetary policy.
Speaker 1: Because at this point the eighteen or whatever thousand cryptos,
Speaker 1: most are going towards proof of steak so they can
Speaker 1: keep control. It's really hard for people to unlearn the
Speaker 1: idea that because I have more money, I should have
Speaker 1: more Say, that's not how it should be. It should
Speaker 1: be set of rules, fair for everybody, and then from
Speaker 1: there do whatever work in that system. Yeah, yeah, exactly,
Speaker 1: which is one of the reasons why the proof of
Speaker 1: work which bigcoin runs on a proof of work consensus
Speaker 1: that we're talking about, and um, that's one of the
Speaker 1: reasons why I believe that it's being attacked right now,
Speaker 1: like they're trying to discredit anyway they can, because they realize, well, shoot,
Speaker 1: we can't control that. We need to keep it in
Speaker 1: a system we can't control. Oh yeah, yeah, and we
Speaker 1: see that constantly. Uh. You know, with the dose coin,
Speaker 1: Hype and with some of these other coins hype you
Speaker 1: would look at the wallets and then somebody would hold
Speaker 1: fIF the tokens. Well, I wonder what they're gonna do.
Speaker 1: You know, so I think people who think people mistake
Speaker 1: is better, Uh, do not be fooled by you know,
Speaker 1: what's shining that. It seems good, it seems like it's
Speaker 1: great right now, but it's sort of like the tortoise
Speaker 1: in the Hare. Hare runs fast, but it will run
Speaker 1: out of energy. Way quicker toward us is bigcoin. Just
Speaker 1: keep going steady, never gonna stop. So yeah, we'll end
Speaker 1: up winning the race. But again that's that's how it
Speaker 1: should be viewed. Yeah, jumping jumping back. I mean your
Speaker 1: book obviously helping you know, bring what we call no
Speaker 1: coiners and people who don't own ay coins trying to
Speaker 1: turn these no corners into you know, buying it, believing
Speaker 1: it in etcetera. I was talking with uh with shout
Speaker 1: out to Luke. He helps me with some of my
Speaker 1: research on my videos. UM we're talking the other day
Speaker 1: and he was talking about what do you think is
Speaker 1: the best way to orange bill people, which we say
Speaker 1: orange pill, which means you know, introduced him to bitcoin
Speaker 1: or convinced them to buy bitcoin over whatever you want
Speaker 1: to call it. And Alex Fetzki, my co author of
Speaker 1: that book, UM, the Uncommunist manifesto, which is on Kickstarter
Speaker 1: right now. Another shameless plug. Check it out at Uncommunist
Speaker 1: dot com. It's on Kickstarter right now. Um. But he
Speaker 1: he gave some He gave a talk at Unconfiscatable recently
Speaker 1: and he said that we don't need mass adoption because
Speaker 1: the masses are always wrong. And uh, he said, the
Speaker 1: masses will, they'll come eventually, but they'll come when they
Speaker 1: don't have to think about it, just because everybody else
Speaker 1: is doing it. And so back to the question to
Speaker 1: Luke asked me, is like, how do we how do
Speaker 1: we orange bill people? And uh, how do we introduce
Speaker 1: to bitcoin? How do we convince them? Because most people
Speaker 1: don't understand what money is. And if you don't know
Speaker 1: what money is and why it's broken, then it's very
Speaker 1: hard to understand why you might need an alternative. Um
Speaker 1: and I and I said, well, you know the majority
Speaker 1: of people, and it's some alarming number. I want to say.
Speaker 1: It's like people don't have four hundred bucks for an
Speaker 1: emergency expense. And I said, those people, they probably don't
Speaker 1: need to worry about bitcoin. They need to figure out
Speaker 1: how to get more than four hundred bucks in their
Speaker 1: bankccount exactly. What's your opinion on that. Oh yeah, I've
Speaker 1: said that to people plenty of times. If you don't
Speaker 1: have the money to enter to the market, get a
Speaker 1: second job, you know how to make more money or
Speaker 1: what to do with that money so that you can
Speaker 1: use it for a bitcoin. I mean, you can't buy
Speaker 1: a dollar worth a bitcoin five dollars worth, which is fine,
Speaker 1: But for most people who are in that situation, what
Speaker 1: I remind them is, um, at a certain point, you
Speaker 1: won't have a choice. And I think that's what people
Speaker 1: don't understand is, like you said, mainstream always follows later,
Speaker 1: just like now, the Internet used to be a choice.
Speaker 1: You can choose these internet and be fine without it.
Speaker 1: People did it for years, but at this point you
Speaker 1: can't live without it. Yeah, imagine, I mean, can people
Speaker 1: go to people's house if you don't have WiFi? Like,
Speaker 1: what's wrong? I think that's pretty much I was going
Speaker 1: to be with bigcoin of crypto because some people will
Speaker 1: take that route, but and the and that's eventually the
Speaker 1: masses will come exactly and they always come late. Yeah.
Speaker 1: I was using this example and this when I have
Speaker 1: some maybe contrary and takes on income inequality, but I
Speaker 1: could say that income in equality is actually a good thing.
Speaker 1: And and the reason why is, let's say in the
Speaker 1: nineteen eighties, the rich people on Wall Street needed a
Speaker 1: cell phone that there was no cell phone, and they
Speaker 1: probably spent fifty dollars for this big old brick. But
Speaker 1: because they needed it. I didn't need it at the time,
Speaker 1: but they needed it, and they had the money for it,
Speaker 1: they were able to buy that. And then that they
Speaker 1: were able to invent that technology for them. And then
Speaker 1: eventually he got down to twenty, and then the ten thousand,
Speaker 1: and then the one thousand, and has more people got it,
Speaker 1: got cheaper, cheaper, cheaper, and eventually now everybody has a phone.
Speaker 1: And if it wasn't for them they having more income
Speaker 1: than everybody else and more of a need for it,
Speaker 1: we never would have had then then the average but
Speaker 1: then of course America, being a rich country, got it.
Speaker 1: And then after America got it, then now everyone in
Speaker 1: Africa has it. And so you kind of need that
Speaker 1: income in equality gap. And and and that also come
Speaker 1: to your point. My my my first cell phone I
Speaker 1: think was like or nineteen ninety six or something like that,
Speaker 1: and it didn't even have not it didn't even have
Speaker 1: letters that just had numbers on at this big old
Speaker 1: whip antenna. And when I first got it, I was
Speaker 1: doing a real estate investing in southern California, and so
Speaker 1: I need a phone if I was out on the
Speaker 1: job set or whatever. But like I never even carried
Speaker 1: it with me because I didn't know anyone else that
Speaker 1: had a phone. Yeah, right, and and so like I
Speaker 1: didn't have to run around somewhere. You need a phone,
Speaker 1: You need a phone. Adoption, adoption, get a phone. Get
Speaker 1: Like I didn't have to do that. Like eventually, just
Speaker 1: now you can't go without a phone. Yeah, and I
Speaker 1: think that will be the same. You can't live without
Speaker 1: a big point while at a certain point or at
Speaker 1: least putting his savings in there or at least interacting
Speaker 1: with the technology. It's going to be as a part
Speaker 1: of our lives as anything else. Yeah, So so real
Speaker 1: quickly and in a short spurt, Like what's the best
Speaker 1: way to get involved? Then? For the people that are
Speaker 1: kind of on the fence here, well, I would say,
Speaker 1: first thing is education. Um, you have to, in my opinion,
Speaker 1: you got to put in at least a hundred hours
Speaker 1: to be considered a new because it's such a deep
Speaker 1: rabbit hole. It goes in history, politics, cryptography, math. I mean,
Speaker 1: it's so much that goes into it. You can't understand
Speaker 1: this industry unless you put the time in. So first
Speaker 1: thing is you have to put in the work. The
Speaker 1: second thing is meet network, go to conferences with people
Speaker 1: who have the answers, because I know some people that
Speaker 1: are you know, right on the cusp. I've seen it
Speaker 1: a lot on my book tour. They had one question
Speaker 1: and I answered it on the book tour and they
Speaker 1: instantly bought Big Point after it. But they said nobody
Speaker 1: else could answer it before. So go to meet ups.
Speaker 1: You always usually meet somebody that has the answers that
Speaker 1: you're looking for. So put in the work. Um, go
Speaker 1: to meetups, meet people, and then lastly get some skin
Speaker 1: in the game. Nothing makes you study study it more
Speaker 1: on when your money is at stakes. That's what I've
Speaker 1: always encouraged people don't just study it without entering the market. No, No,
Speaker 1: by a little bit, see how it works. Uh, send
Speaker 1: and received tw different wallets. That's how you get involved.
Speaker 1: Cool man. When you're listening to the Mark Moas show,
Speaker 1: we're talking about bitcoin and the decentralized revolution. I'm sitting
Speaker 1: down with Isaiah. You can find him on Twitter at
Speaker 1: bitcoin's a check out his number one bestseller book, Bitcoin
Speaker 1: and Black America. And that's what I got for you today.
Speaker 1: Thanks so much for listening.