WEBVTT - The Mark Moss Show - LIVE from Miami with Bitcoin Zay

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<v Speaker 1>Hey, welcome back to another episode of The Mark Moss Show,

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<v Speaker 1>where we talk about the intersection of politics, finance, and technology,

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<v Speaker 1>which of course is bitcoin. We're talking about the decentralized

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<v Speaker 1>revolution that the world is going through. I am coming

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<v Speaker 1>to you from South Beach, Miami, Florida. I am here

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<v Speaker 1>for the Bitcoin two conference. It is going off. We

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<v Speaker 1>got forty people are expected to be here. Man, it's

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<v Speaker 1>growing fast. I am sitting down with Bitcoin's a You

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<v Speaker 1>can find him on Twitter at bitcoin z z a Y.

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<v Speaker 1>We're talking with Isaiah. He is the whole, or the author,

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<v Speaker 1>i should say, of the number one best selling book,

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<v Speaker 1>Bitcoin and Black America. What's up, a h. We actually

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<v Speaker 1>met in person for the first time in Miami. I

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<v Speaker 1>think it was December. Was it December of last year? November? Yeah,

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<v Speaker 1>we're at Michael Saylor's house having a barbecue. That was

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<v Speaker 1>pretty good. That was pretty good. Uh, you're a Scott Milcher, right.

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<v Speaker 1>I think he's around here around here somewhere. I'm supposed

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<v Speaker 1>to see him. Haven't seen him yet. Yeah, shout out

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<v Speaker 1>to Scott. Thanks for the invite. Great speaking with Sailor

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<v Speaker 1>and everybody. So yeah, that was cool. So it's a

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<v Speaker 1>bitcoin in Black America. Why you got to write a

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<v Speaker 1>book on that, because I wanted my community to make

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<v Speaker 1>sure we're a part of the new digital revolution and

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<v Speaker 1>we don't miss it the opportunity to build like we

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<v Speaker 1>did during the Internet age. I mean, my parents, uh,

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<v Speaker 1>and a lot of my older relatives, they didn't take

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<v Speaker 1>the Internet serious and they had the opportunity to build.

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<v Speaker 1>The nineties just kind of let it pass by. So

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<v Speaker 1>this time around, bitcoin is going to be mainstream, so

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<v Speaker 1>the black community has to be involved. That's all it is.

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<v Speaker 1>And one of the main things in our community that's

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<v Speaker 1>always been discussed as equal opportunity. What's more equal than bitcoin?

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<v Speaker 1>More work you put in more, big point, you get

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<v Speaker 1>better a life long time. Yeah, so you know I

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<v Speaker 1>preach the same thing, right Like I've for for a

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<v Speaker 1>dozen years. I've been researching transfers because two thous I

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<v Speaker 1>got my butt kicked and I lost all my wealth

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<v Speaker 1>and I found out all my wealth transferred to somebody else.

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<v Speaker 1>I didn't like that. So I've been studying these you know,

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<v Speaker 1>phenomenons of wealth transfers, how they work, what events set

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<v Speaker 1>set them up obviously, um, and you know volatility of

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<v Speaker 1>the markets like in two thoight causes it, but also

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<v Speaker 1>like new technology, to your point, there's a good opportunity here. Um.

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<v Speaker 1>And you you mentioned equal opportunity. I mean everyone has

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<v Speaker 1>the opportunity to jump in and jump in. It's open source,

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<v Speaker 1>it's permission list. Nobody needs permission, right, so everybody can

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<v Speaker 1>just jump in and take advantage of it. Um, So

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<v Speaker 1>it is an equal opportunity for everybody. Um. Do you

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<v Speaker 1>think that the black community needs like a special invite that, like,

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<v Speaker 1>I mean, don't we just want to tell everybody that's

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<v Speaker 1>equal opportunity to jump in? Uh? I wish it was

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<v Speaker 1>that way. Theoretically speaking, everybody should just get the message.

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<v Speaker 1>But practice a lot of times seeing a black face

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<v Speaker 1>it gets them more open to listening. And it's it's

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<v Speaker 1>sort of disheartening that people can't just get the information

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<v Speaker 1>and get it. But I understand how people work. So

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<v Speaker 1>what we saw was in two thousand nineteen black community

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<v Speaker 1>was least likely to use Big one in crypto and

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<v Speaker 1>then recent pole now we're more likely this year, which

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<v Speaker 1>I believe over the past few years, a lot of

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<v Speaker 1>the changes in the economy, COVID, a lot of the

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<v Speaker 1>market stuff started pushing towards big play more so I

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<v Speaker 1>realized that's what was needed. And of course long term

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<v Speaker 1>it's for everybody. So the message is gonna be Yeah,

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<v Speaker 1>it doesn't matter about race, religion, social status. But I

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<v Speaker 1>think these groups that were, you know, basically divided into

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<v Speaker 1>whatever subsection you put yourself into, they need a good

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<v Speaker 1>Bitcoin message, not the number go up, get rich tomorrow scheme.

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<v Speaker 1>So yeah, it's certainly nice to have somebody that you

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<v Speaker 1>can identify with. You know, I'm I'm. I grew up

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<v Speaker 1>racing dirt bikes. I love racing dirt bikes, and one

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<v Speaker 1>of the best dirt bike racers in the world. James

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<v Speaker 1>Stewart is a black guy, you know, and uh, you know,

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<v Speaker 1>once he got in and he he was the best.

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<v Speaker 1>I mean, he was insane, and you know, then it

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<v Speaker 1>just I think, you know, other black people, but I said,

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<v Speaker 1>oh well we can do that too, right and stuff.

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<v Speaker 1>So there's some of that. So I get that and

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<v Speaker 1>no different than any other you know, women, the same thing,

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<v Speaker 1>right if a woman can do it, like other women

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<v Speaker 1>are like, oh shoot, if they can do what I

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<v Speaker 1>can do too, So I guess the same thing there.

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<v Speaker 1>I can also say to the media, does a good

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<v Speaker 1>job of the portrayal of the bitcoin community being only

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<v Speaker 1>white males, and they use that as like a negative.

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<v Speaker 1>It's only white white males getting it's even exclusive, the

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<v Speaker 1>same exclusive club white males a getting rich again and

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<v Speaker 1>nobody else is in the market, which is um, that

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<v Speaker 1>is not something that is even remotely close. We have

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<v Speaker 1>a global market. Uh, And somehow the media message is

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<v Speaker 1>still the same. It's a bad evil white man taking

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<v Speaker 1>over again. And yeah, a little uh, a little disheartened

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<v Speaker 1>thing about that too. So yeah, let's talk about that

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<v Speaker 1>for a minute. Um, you're listening to the Mark Ma Show.

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<v Speaker 1>I'm sitting down with bitcoin z A. I'm talking with

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<v Speaker 1>Isaiah the author of Bitcoin Black. What was it Bitcoin

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<v Speaker 1>in Black America? Sorry, Bitcoin in Black America. Um, we're

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<v Speaker 1>talking about bitcoin. We're at the Bitcoin conference in Miami.

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<v Speaker 1>But um, let's go back to just you know, the

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<v Speaker 1>black and white thing or what not even black and white.

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<v Speaker 1>Just we're in a world today of identity politics and

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<v Speaker 1>they're trying to break us down by our identities. So

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<v Speaker 1>to your point, um, it's uh, you know, white men

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<v Speaker 1>to your point in bitcoin, but maybe two women is

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<v Speaker 1>just men in bitcoin. So it's like whatever they can divide. Hey,

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<v Speaker 1>men versus women, white men versus black men, gay men

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<v Speaker 1>versus straight men, I mean like religious, non religious, I

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<v Speaker 1>mean all of that still use the same subsections to

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<v Speaker 1>divide us up and then there and then they're trying

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<v Speaker 1>to break us down to the lowest common that. I'm

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<v Speaker 1>very well, it's like, well, I'm a woman, who, I'm

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<v Speaker 1>a black woman, who I'm a gay black woman. Well,

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<v Speaker 1>I'm like, just keep it, just keep it going, you know.

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<v Speaker 1>But um, but I like to say that we don't

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<v Speaker 1>align on identities, relign on values exactly right. You agree

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<v Speaker 1>with that absolutely, and I think more people need to

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<v Speaker 1>understand that that is how has always been. It's just

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<v Speaker 1>on the surface level. People have used those inviders to

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<v Speaker 1>put us in the groups. But once you get into groups,

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<v Speaker 1>you realized, I don't know, agree with these everybody, And yeah,

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<v Speaker 1>so you have to identify with people. I identify with bitcoinners.

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<v Speaker 1>That's pretty much it. And we identify with different groups

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<v Speaker 1>at different times. So I'm a surfer, so sometimes I'm

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<v Speaker 1>in my surfing group, but I don't agree with everybody

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<v Speaker 1>in on a surfing group, and I'm there because we

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<v Speaker 1>align on surfing. And then you know here, I'm in

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<v Speaker 1>a Bitcoin group and I'm align with these guys in

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<v Speaker 1>but I don't align with them on everything. And then

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<v Speaker 1>later I'm gonna go back and be in a California group.

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<v Speaker 1>And is that what should be thank for yourself? You

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<v Speaker 1>don't have to, you know, be a part of the

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<v Speaker 1>crowd and oh we all agree together and the whole

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<v Speaker 1>the bubble people put themselves in where everybody agrees, we're

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<v Speaker 1>here for this, we agree on this. Cool, and then

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<v Speaker 1>move on. Yeah. Yeah, do you think uh, I mean,

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<v Speaker 1>do you think that message has really been getting exaggerated

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<v Speaker 1>me and really trying to break us down from identities

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<v Speaker 1>you said? I think you said earlier like that's how

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<v Speaker 1>it used to be. Uh as far as the identity, well,

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<v Speaker 1>in my mind, that's how it used to be because

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<v Speaker 1>I don't see any oppression stopping anybody from anything. Uh.

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<v Speaker 1>It may be a little harder for you, maybe a

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<v Speaker 1>little easier for some people, but there's nothing stopping you today.

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<v Speaker 1>And I think that's the biggest message people need to get.

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<v Speaker 1>And the media is constantly trying to tell, uh, tell

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<v Speaker 1>people why they're oppressed, but why they can't do something,

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<v Speaker 1>which is the opposite message. You should be giving people.

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<v Speaker 1>I'm telling people why they can succeed and why you

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<v Speaker 1>do have equal opportunity. No more excuses. So what you're

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<v Speaker 1>gonna do now? And uh, I want to shout out

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<v Speaker 1>to Mark you, but I remember he did a interview

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<v Speaker 1>in the two thousands. He said the reason why I

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<v Speaker 1>have a state of the art locker room with TVs

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<v Speaker 1>and the best So no more excuses. I don't want

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<v Speaker 1>to hear. We can win the championship. You have everything.

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<v Speaker 1>You have the best doctors, you have the best medical staff, everything,

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<v Speaker 1>So no more excuses. And that's that's where I'm at now. Yeah. So, UM,

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<v Speaker 1>you have in front of you right there my new

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<v Speaker 1>book I just wrote with Alex Fetzki. It's called The

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<v Speaker 1>Uncommunist Manifesto. So we took the Commons Manifesto we wrote

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<v Speaker 1>it called the Uncommunist Manifesto. And in the Communis Manifesto

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<v Speaker 1>Carl Marks um, By the way, if you're listening to

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<v Speaker 1>check out Uncommunist dot com. We're still in the book

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<v Speaker 1>launch you can support UM Uncommunist dot com. But in

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<v Speaker 1>the original Commons Manifesto, Carl Marks talks about UM dividing

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<v Speaker 1>people by two classes, rich and poor, proletariat and boo

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<v Speaker 1>UZI I don't know what the definition is of rich

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<v Speaker 1>and poor, Like, at what point do you cross into

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<v Speaker 1>the booze bussie? And then if I happen to fall

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<v Speaker 1>into that kind of what does that automatically mean I'm

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<v Speaker 1>an oppressor? Like like, you just worked hard to make

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<v Speaker 1>a lot of money, you must be person. Yeah, now

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<v Speaker 1>I gotta be like like, but but at what point,

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<v Speaker 1>like you know what I mean? Like Biden says, they

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<v Speaker 1>won't attacks of a four thousand, but if you live

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<v Speaker 1>in like southern California, four in thousand doesn't go as

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<v Speaker 1>far as it does in Kansas, for example. Right, So

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<v Speaker 1>it's like, uh so dividing, dividing these things. But back

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<v Speaker 1>to kind of this identity, they break it down and

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<v Speaker 1>then they make the in in the comin ofesto, they

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<v Speaker 1>make the oppressed, the proletariat victims. You can't get ahead

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<v Speaker 1>because of these evil capitalists. You have nothing to offer

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<v Speaker 1>to the market. They say that the proletariat has nothing

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<v Speaker 1>to offer but their labor, and their labor won't ever

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<v Speaker 1>turn into capital. So hey, it's not your fault. You

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<v Speaker 1>don't have anything to offer. All you have is your labor,

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<v Speaker 1>they don't value that, and it's just like victim victim, victim,

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<v Speaker 1>victim victim, you know, and it's like, so if we

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<v Speaker 1>don't go take from these guys, then what are you

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<v Speaker 1>gonna do? And so that's really how they frame that up. Um,

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<v Speaker 1>you're listening to the Mark mos Show. I'm sitting down

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<v Speaker 1>with Isaiah Uh. You can find them on Twitter at

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<v Speaker 1>Bitcoin's a that z A. Y is the author of

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<v Speaker 1>the book Bitcoin and Black America, number one best selling book,

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<v Speaker 1>so you should check it out Bitcoin in Black America.

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<v Speaker 1>We're coming to you from the Bitcoin conference in Miami

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<v Speaker 1>about forties thou people are descending here. Um, we got

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<v Speaker 1>a lot more to dig into with bitcoin Esa when

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<v Speaker 1>we get back in a second, So do not go away,

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<v Speaker 1>all right, welcome back. You are listening to the Mark

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<v Speaker 1>Moa Show. We're talking about the intersection of politics, finance,

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<v Speaker 1>and technology, which of course is bitcoin, and it is

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<v Speaker 1>taking us into the decentralized revolution. The entire world is

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<v Speaker 1>changing as we speak, right before very eyes. We're talking

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<v Speaker 1>about before the break, this identity politics. Isaiah Bitcoin's wrote

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<v Speaker 1>this book, Bitcoin and Black America, and we're talking about

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<v Speaker 1>some of this identity politics. Um, and it coincides with

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<v Speaker 1>this book that I just wrote, which is the Uncommunist Manifesto,

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<v Speaker 1>because um, Karl Marks in the original Commons Manifesto also

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<v Speaker 1>kind of started this identity politics if you will. Um,

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<v Speaker 1>it wasn't black and white, it was rich and poor.

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<v Speaker 1>But it's kind of the same thing. Um. One of

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<v Speaker 1>the things that Alex and I addressed in that book

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<v Speaker 1>was why is that book? Why is that ideology so attractive? Then? Uh,

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<v Speaker 1>like you know, it's a hundred and seventy five years

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<v Speaker 1>and it just like the book won't go away like, um,

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<v Speaker 1>but it it. Why do you think ideas like identity

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<v Speaker 1>politics victimhood if you will are so attractive to certain

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<v Speaker 1>groups of people. Well, it's easier to complain and basically

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<v Speaker 1>say there's no way out and then say, well, everything

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<v Speaker 1>is somebody else's fault. It's always easier. It's easier to

0:10:36.960 --> 0:10:39.000
<v Speaker 1>be lazy that we just know how that is. That's

0:10:39.040 --> 0:10:43.320
<v Speaker 1>it exactly, And I've never really seen people work hard

0:10:44.040 --> 0:10:46.360
<v Speaker 1>and not succeed. It may take a little longer, Like

0:10:46.400 --> 0:10:48.640
<v Speaker 1>I said before, maybe some people had it easier, but

0:10:49.040 --> 0:10:52.200
<v Speaker 1>I don't see whether division and classes at division and

0:10:52.280 --> 0:10:54.760
<v Speaker 1>race how that is the reason why you're not succeeding.

0:10:54.800 --> 0:10:58.880
<v Speaker 1>That's that's that's market. Uh So, No, granted some people

0:10:58.920 --> 0:11:00.719
<v Speaker 1>might have it harder than others. We all we're all

0:11:00.760 --> 0:11:03.240
<v Speaker 1>dealt with different hands, exactly. Yes, And I think when

0:11:03.280 --> 0:11:06.160
<v Speaker 1>you see some of the international problems that we've seen

0:11:06.160 --> 0:11:08.560
<v Speaker 1>in other countries, you start to compare yourself. You're the

0:11:08.559 --> 0:11:10.840
<v Speaker 1>top ten percent if you have a car in the house,

0:11:11.320 --> 0:11:13.320
<v Speaker 1>I mean basically the top ten per cent of the world.

0:11:13.679 --> 0:11:16.880
<v Speaker 1>So it's it really depends on how you look at it. So, um,

0:11:16.920 --> 0:11:19.719
<v Speaker 1>I think that's easy. That's the low hanging fruit. Just

0:11:19.760 --> 0:11:21.319
<v Speaker 1>tell people they're victims and you don't have to ever

0:11:21.440 --> 0:11:24.080
<v Speaker 1>deal with them trying to succeed. Tell people they can succeed. Now,

0:11:24.080 --> 0:11:25.880
<v Speaker 1>all of a sudden, you have way more competition and

0:11:25.960 --> 0:11:29.840
<v Speaker 1>people who are actually confident in their abilities. So a

0:11:29.880 --> 0:11:32.360
<v Speaker 1>lot of times I think that's being used to suppress

0:11:32.400 --> 0:11:34.920
<v Speaker 1>people's mindset, which that's really all it takes is a

0:11:35.000 --> 0:11:37.280
<v Speaker 1>change of mindset to say I want to succeed, and

0:11:37.320 --> 0:11:39.320
<v Speaker 1>then once you have that, you have generations of people

0:11:39.320 --> 0:11:41.840
<v Speaker 1>telling them, oh, yeah, you can't succeed anyway, you can't

0:11:41.880 --> 0:11:44.960
<v Speaker 1>make it out of here anyway. So yeah, unfortunate, but

0:11:44.960 --> 0:11:46.679
<v Speaker 1>it does happen. I think that's a big reason that's

0:11:46.679 --> 0:11:49.440
<v Speaker 1>still going on. Yeah. Yeah, people just like to be

0:11:49.480 --> 0:11:52.040
<v Speaker 1>that victim. So if we bring this back to bitcoin

0:11:52.120 --> 0:11:54.680
<v Speaker 1>and back to your book, Um, so you're really encouraging

0:11:54.679 --> 0:11:56.640
<v Speaker 1>empowering black people, like, hey, this is opportunity. You have

0:11:56.679 --> 0:11:59.000
<v Speaker 1>any co opportunities permission list, everyone can join, you know,

0:11:59.520 --> 0:12:01.680
<v Speaker 1>get in, really get this wealth and benefit from that

0:12:01.720 --> 0:12:05.920
<v Speaker 1>wealth transfer. Um, which I like. So, Um, how's that

0:12:05.960 --> 0:12:08.520
<v Speaker 1>been received. It's been It's been pretty good. I have

0:12:08.640 --> 0:12:11.840
<v Speaker 1>had some pushback from a lot of people who it's

0:12:11.920 --> 0:12:14.160
<v Speaker 1>unfortunately some people don't want to be free. Yeah, it's

0:12:14.160 --> 0:12:17.120
<v Speaker 1>too much work. You can show somebody freedom and they'll

0:12:17.160 --> 0:12:20.240
<v Speaker 1>still say no, simply because they have to put work in. Uh.

0:12:20.280 --> 0:12:24.959
<v Speaker 1>And unfortunately, we're starting to see people, uh use other

0:12:24.960 --> 0:12:27.080
<v Speaker 1>reasons why they don't like bitcoin, Like for the first

0:12:27.120 --> 0:12:30.040
<v Speaker 1>time ever, the environmental things started coming up amongst people

0:12:30.040 --> 0:12:31.880
<v Speaker 1>that I've been on book tour and seen. So that

0:12:31.920 --> 0:12:33.600
<v Speaker 1>maybe just another reason why they don't want to get

0:12:33.600 --> 0:12:36.120
<v Speaker 1>into it or don't understand it. But it's been well received.

0:12:36.640 --> 0:12:39.600
<v Speaker 1>I had a book tour nationwide. Um, and I really

0:12:39.600 --> 0:12:42.200
<v Speaker 1>only have one person argue with me. It was funny.

0:12:42.520 --> 0:12:44.360
<v Speaker 1>By the end of argument, he already told me that, well,

0:12:44.360 --> 0:12:46.400
<v Speaker 1>I do own bitcoin, but I just wanted to go

0:12:46.440 --> 0:12:49.080
<v Speaker 1>back and forth. All right, well, but I have I

0:12:49.160 --> 0:12:52.200
<v Speaker 1>have seen it. I have seen the media angling bitcoin

0:12:52.240 --> 0:12:54.000
<v Speaker 1>where it's you know, to your point you made earlier,

0:12:54.040 --> 0:12:56.240
<v Speaker 1>just like white you know, old white rich guys kind

0:12:56.240 --> 0:12:58.760
<v Speaker 1>of thing or whatever. Um do you think if they

0:12:58.800 --> 0:13:01.280
<v Speaker 1>position it like that, then the black community wouldn't want

0:13:01.320 --> 0:13:03.199
<v Speaker 1>to adopt it, like, oh, it's for them, Like, we're

0:13:03.240 --> 0:13:05.400
<v Speaker 1>not gonna do that kind I think that's the play.

0:13:06.240 --> 0:13:08.480
<v Speaker 1>The chasm I'm waiting for is the fact that the

0:13:08.520 --> 0:13:12.200
<v Speaker 1>Democratic Party we vote like in our community, that's the

0:13:12.240 --> 0:13:15.560
<v Speaker 1>party that's pushing that bitcoin is not available for minorities,

0:13:15.640 --> 0:13:17.880
<v Speaker 1>or that it's environmental issue, or that is going to

0:13:17.960 --> 0:13:21.200
<v Speaker 1>cause uh or that is causing inflation, whatever they can

0:13:21.400 --> 0:13:25.040
<v Speaker 1>use to keep communities out of bitcoin, which is hilarious

0:13:25.040 --> 0:13:27.720
<v Speaker 1>because if you say you're for the people that voted

0:13:27.760 --> 0:13:29.520
<v Speaker 1>for you, why don't you push that message? So that

0:13:29.640 --> 0:13:31.480
<v Speaker 1>chasm is coming soon. There's a lot of black people

0:13:31.480 --> 0:13:34.360
<v Speaker 1>who understand that message is intcorrect. We have the information

0:13:34.400 --> 0:13:36.200
<v Speaker 1>there now, and that's gonna be interesting to see. I

0:13:36.200 --> 0:13:38.280
<v Speaker 1>think the next primary people are gonna start looking at

0:13:38.600 --> 0:13:40.800
<v Speaker 1>more people who have pro bitcoin. And it's on both

0:13:40.840 --> 0:13:42.959
<v Speaker 1>sides of the aisle. So yeah, it's really more about

0:13:43.080 --> 0:13:46.000
<v Speaker 1>economics at this point. Yeah, we've seen a lot of

0:13:46.120 --> 0:13:50.840
<v Speaker 1>very prominent black athletes, um come out like heavy pro bitcoin.

0:13:50.880 --> 0:13:52.360
<v Speaker 1>There was Wrestle of Kong. I think he was like

0:13:52.400 --> 0:13:54.600
<v Speaker 1>the big one. He was really pushing in. But here

0:13:54.640 --> 0:13:58.200
<v Speaker 1>at the bitcoin conference we have Serena Williams, Um, she

0:13:58.320 --> 0:14:00.760
<v Speaker 1>needs no introduction, and she's in investing into these big

0:14:00.800 --> 0:14:04.079
<v Speaker 1>wain companies. And then um, what's his name, the other

0:14:04.120 --> 0:14:08.280
<v Speaker 1>football or the Odell Beckham, Odell Beckham, he's here and

0:14:08.280 --> 0:14:10.160
<v Speaker 1>so we're starting to see that that's got to be helping.

0:14:10.200 --> 0:14:13.120
<v Speaker 1>I would imagine a lot. Yeah, definitely with marketing. Uh,

0:14:13.160 --> 0:14:15.520
<v Speaker 1>people look up to athletes, they look up to entertainers.

0:14:15.760 --> 0:14:17.720
<v Speaker 1>When they say it, they listen to them. But one

0:14:17.720 --> 0:14:19.400
<v Speaker 1>thing I would like to change in the black community

0:14:19.640 --> 0:14:22.880
<v Speaker 1>is that our quote unquote leaders are just entertainers and

0:14:22.960 --> 0:14:25.480
<v Speaker 1>people play sports. That's one thing I don't see a

0:14:25.560 --> 0:14:28.800
<v Speaker 1>lot in other communities. Or is that is that? Is

0:14:28.800 --> 0:14:31.960
<v Speaker 1>that true? Though? I mean we had a black president,

0:14:32.440 --> 0:14:35.200
<v Speaker 1>we have a black vice president. I mean exactly, Well

0:14:35.240 --> 0:14:37.760
<v Speaker 1>that's what I'm talking about what we consist stereotypically, what

0:14:37.880 --> 0:14:40.880
<v Speaker 1>we consider the people who influence the youth. And by

0:14:40.920 --> 0:14:42.560
<v Speaker 1>that I mean it's it's not a lot of businessmen,

0:14:42.800 --> 0:14:45.240
<v Speaker 1>it's not a lot of authors and economists in the

0:14:45.280 --> 0:14:47.280
<v Speaker 1>black community that are held that high right right right,

0:14:47.280 --> 0:14:49.760
<v Speaker 1>the community themselves are looking more up. And that's what

0:14:49.800 --> 0:14:51.920
<v Speaker 1>I would like to shift, is that real thought leaders

0:14:51.920 --> 0:14:54.040
<v Speaker 1>and the people changing things are at the top. That's

0:14:54.040 --> 0:14:57.320
<v Speaker 1>what you're listening to. And then entertainment, sports whatever, they're cool.

0:14:57.320 --> 0:15:00.360
<v Speaker 1>But unfortunately for right now, if you know Jay Z

0:15:00.600 --> 0:15:03.160
<v Speaker 1>or if somebody who's you know, pretty popular community says it,

0:15:03.280 --> 0:15:06.080
<v Speaker 1>their word is bigger than somebody like myself, which again

0:15:06.160 --> 0:15:09.120
<v Speaker 1>I've been in the space almost ten years, and uh,

0:15:09.320 --> 0:15:11.600
<v Speaker 1>you know, some of these famous people are just getting

0:15:11.600 --> 0:15:13.440
<v Speaker 1>in just now. You don't even know how to explain

0:15:13.880 --> 0:15:16.400
<v Speaker 1>anything to you. So hopefully that changes, but it is

0:15:16.440 --> 0:15:18.600
<v Speaker 1>needed because that is where we are right now. People

0:15:18.600 --> 0:15:21.080
<v Speaker 1>who look at social media and TV all times, so

0:15:21.080 --> 0:15:23.320
<v Speaker 1>that's what they look up to. So let's talk about

0:15:23.320 --> 0:15:25.520
<v Speaker 1>bitcoin a little bit and then back to the tie

0:15:25.560 --> 0:15:27.360
<v Speaker 1>back to the black community. But um, a lot of

0:15:27.360 --> 0:15:31.080
<v Speaker 1>times people look at bitcoin and and uh, well you

0:15:31.160 --> 0:15:34.840
<v Speaker 1>mentioned like um, entertainers and athletes, right, so like, um,

0:15:34.880 --> 0:15:37.680
<v Speaker 1>it seems like uh, and not specifically black community or

0:15:37.680 --> 0:15:40.200
<v Speaker 1>any any in identity, but just overall in the United States,

0:15:40.200 --> 0:15:42.760
<v Speaker 1>we're really starting to like demonize rich people like, oh,

0:15:42.840 --> 0:15:45.560
<v Speaker 1>Jeff Bezos, he's you know, he's greedy, he's a crook

0:15:45.680 --> 0:15:48.720
<v Speaker 1>or Elon Musk or whatever. Right, and we're demon demon

0:15:48.840 --> 0:15:52.080
<v Speaker 1>is enriched people. But then like in sports, like Lebron

0:15:52.200 --> 0:15:54.800
<v Speaker 1>James is like the best basketball player or whatever, and like, uh,

0:15:55.000 --> 0:15:58.479
<v Speaker 1>nobody demonizes Lebron James for being so good at basketball

0:15:58.520 --> 0:16:00.880
<v Speaker 1>making a bunch of money. So what do you think

0:16:00.920 --> 0:16:04.520
<v Speaker 1>the difference is, Like, why would somebody demonize, uh, someone

0:16:04.560 --> 0:16:07.359
<v Speaker 1>making a lot of money but not someone who dominates. Similarly,

0:16:07.520 --> 0:16:11.000
<v Speaker 1>but in sports, I think it's the thought process that

0:16:11.680 --> 0:16:15.440
<v Speaker 1>the rich should be giving back to whoever whoever doesn't

0:16:15.440 --> 0:16:17.240
<v Speaker 1>have it. It's this thought process. I think the media's

0:16:17.240 --> 0:16:19.080
<v Speaker 1>brain watched people into thinking that the wealth someone else

0:16:19.120 --> 0:16:22.760
<v Speaker 1>has should be redistributed, much like the communist original Communist

0:16:22.760 --> 0:16:25.360
<v Speaker 1>Manifesto was saying, and that if it isn't that they're evil,

0:16:25.400 --> 0:16:27.360
<v Speaker 1>people do in reality the money. You know, what about

0:16:27.440 --> 0:16:29.440
<v Speaker 1>Lebron James, he's super rich. Oh yeah, yeah, and I

0:16:29.440 --> 0:16:32.120
<v Speaker 1>don't get I mean, people like it because I think

0:16:32.400 --> 0:16:34.120
<v Speaker 1>they think he deserves it because he's the best of

0:16:34.200 --> 0:16:36.320
<v Speaker 1>what he does. But they don't look at Jeff bezos Hays,

0:16:36.320 --> 0:16:39.440
<v Speaker 1>the Lebron James for his industry or other CEOs as

0:16:39.440 --> 0:16:41.000
<v Speaker 1>the Lebron James. They don't know how much work they

0:16:41.000 --> 0:16:43.000
<v Speaker 1>put in in order to get to that point. Uh.

0:16:43.080 --> 0:16:45.680
<v Speaker 1>They see him on TV, and I think that's more

0:16:45.720 --> 0:16:47.600
<v Speaker 1>of the differences that oh, he's on TV, he's famous,

0:16:47.600 --> 0:16:49.480
<v Speaker 1>he should have this money, and then when somebody else

0:16:49.520 --> 0:16:52.320
<v Speaker 1>achieves something gets to billion their status, Uh, they usually

0:16:52.320 --> 0:16:54.040
<v Speaker 1>thinks himself, well, you had to step on somebody to

0:16:54.080 --> 0:16:56.920
<v Speaker 1>get there, or you had to do something the furious Unfortunately,

0:16:57.200 --> 0:16:59.200
<v Speaker 1>you know, I hope that's not people stop for us

0:16:59.200 --> 0:17:01.600
<v Speaker 1>this long term. But I think the rich have always

0:17:01.640 --> 0:17:03.520
<v Speaker 1>been looked at, is hated because a lot of the

0:17:03.520 --> 0:17:07.879
<v Speaker 1>Communist Manifesto has been pushed that thought process throughout education system.

0:17:07.920 --> 0:17:10.320
<v Speaker 1>I always hate the rich, even if you become one

0:17:10.320 --> 0:17:13.280
<v Speaker 1>of them. Uh, even if you become rich, people are

0:17:13.560 --> 0:17:16.680
<v Speaker 1>apologizing unless unless you're Jay Z or your Lebron James,

0:17:16.800 --> 0:17:18.640
<v Speaker 1>then they're not hated. And Jay Z is a billionaire.

0:17:18.960 --> 0:17:22.800
<v Speaker 1>No one's hating him over it. People like you, Yeah, yeah,

0:17:22.880 --> 0:17:25.280
<v Speaker 1>I well, you know, one is like you said, looked

0:17:25.320 --> 0:17:28.080
<v Speaker 1>up to um. One is not right, one is more famous,

0:17:28.080 --> 0:17:29.960
<v Speaker 1>one is not. One drives culture, one doesn't. I have

0:17:30.040 --> 0:17:32.760
<v Speaker 1>my own ideas about that. I'll tell you what I

0:17:32.760 --> 0:17:34.080
<v Speaker 1>think about it that in a minute, and we'll bring

0:17:34.080 --> 0:17:35.639
<v Speaker 1>it back to bitcoin, because I think it's an important

0:17:35.640 --> 0:17:37.679
<v Speaker 1>piece that I think bitcoin can fix. And like a

0:17:37.720 --> 0:17:40.240
<v Speaker 1>lot of other things, you're listening to the Markma Show,

0:17:41.000 --> 0:17:43.840
<v Speaker 1>I am sitting down with Isaiah bitcoin zas the author

0:17:43.880 --> 0:17:46.480
<v Speaker 1>of Bitcoin and Black America, and we are coming to

0:17:46.480 --> 0:17:51.119
<v Speaker 1>you from Miami Beach, Florida right now for the Bitcoin Conference.

0:17:51.119 --> 0:17:53.800
<v Speaker 1>About forty thou people coming into town for this. It

0:17:54.000 --> 0:17:56.880
<v Speaker 1>is growing fast. We talked about early on if you're

0:17:56.880 --> 0:17:58.720
<v Speaker 1>with us, Isaiah was talking about how this is a

0:17:58.760 --> 0:18:01.040
<v Speaker 1>big opportunity for black of my it's a big opportunity

0:18:01.040 --> 0:18:03.920
<v Speaker 1>for everybody. UM. And it is still early, so you

0:18:03.960 --> 0:18:06.640
<v Speaker 1>haven't missed your chance. Um, if you haven't bought some bitcoin,

0:18:07.480 --> 0:18:10.120
<v Speaker 1>I have five dollars worth. Buy five dollars worth. You're

0:18:10.119 --> 0:18:11.919
<v Speaker 1>gonna spend more than that on lunch. Get in, but

0:18:11.920 --> 0:18:14.480
<v Speaker 1>don't go away. We'll be right back with more. All right,

0:18:14.520 --> 0:18:16.520
<v Speaker 1>welcome back. You are listening to the Mark Mo Show.

0:18:16.560 --> 0:18:20.080
<v Speaker 1>We're talking about bitcoin. We're talking about the decentralized revolution

0:18:20.119 --> 0:18:23.439
<v Speaker 1>that is happening all across the world as we speak.

0:18:23.440 --> 0:18:25.639
<v Speaker 1>It's literally changing the world before varies. I'm coming to

0:18:25.640 --> 0:18:29.320
<v Speaker 1>you from Miami Beach from the Bitcoin Conference two and

0:18:29.359 --> 0:18:32.040
<v Speaker 1>I'm sitting down with Isaiah we're talking with he's on

0:18:32.080 --> 0:18:34.600
<v Speaker 1>Twitter at Bitcoin's a author of Bitcoin and Black America.

0:18:35.119 --> 0:18:37.320
<v Speaker 1>And before the break, we're kind of talking about it's

0:18:37.320 --> 0:18:40.160
<v Speaker 1>a big opportunity for Black America. That's that's his book

0:18:40.200 --> 0:18:42.560
<v Speaker 1>is about. It's a big opportunity for everybody. Um, And

0:18:42.600 --> 0:18:46.000
<v Speaker 1>we're talking about some some of this identity politics. It's

0:18:46.000 --> 0:18:48.639
<v Speaker 1>really separated the black community, but to separate everybody's sexes

0:18:48.680 --> 0:18:52.359
<v Speaker 1>and races and genders and preferences and all that today. Um,

0:18:52.400 --> 0:18:55.520
<v Speaker 1>but I was asking you, you know, uh, we're talking about, um,

0:18:55.640 --> 0:18:58.239
<v Speaker 1>why why you might look at Lebron James being so

0:18:58.359 --> 0:19:02.200
<v Speaker 1>good and uh and so rich and nobody demonizes him.

0:19:02.240 --> 0:19:04.800
<v Speaker 1>But if Jeff Bezos or Elon Musk gets rich, then

0:19:04.800 --> 0:19:07.360
<v Speaker 1>people dominates them. And I've I've thought about this quite

0:19:07.359 --> 0:19:11.480
<v Speaker 1>a bit, and I was thinking. It's that people view

0:19:11.720 --> 0:19:18.240
<v Speaker 1>the rules of basketball are fair. The rules of basketball

0:19:18.280 --> 0:19:21.359
<v Speaker 1>are fair, but everybody knows the rules of the financial

0:19:21.400 --> 0:19:24.960
<v Speaker 1>system are not fair. I know that for Lebron James

0:19:24.960 --> 0:19:27.480
<v Speaker 1>to be the best basketball player, he's played by the

0:19:27.680 --> 0:19:31.040
<v Speaker 1>same rules and guidelines as every other player. But I

0:19:31.080 --> 0:19:33.119
<v Speaker 1>look at these rich people in the financial system and

0:19:33.119 --> 0:19:37.920
<v Speaker 1>they have not played by the same rules. Now, um,

0:19:38.040 --> 0:19:41.359
<v Speaker 1>we're all we're all dealt with different hands. Lebron James

0:19:41.400 --> 0:19:46.359
<v Speaker 1>is genetically gonna. I'll never compete with him. I'm not

0:19:46.400 --> 0:19:50.160
<v Speaker 1>as dull as him. Yeah, you know. I mean I'll

0:19:50.200 --> 0:19:53.960
<v Speaker 1>never compete with him. Nor did I have parents like

0:19:54.080 --> 0:19:57.359
<v Speaker 1>he had. And his parents probably gave him good genetics,

0:19:57.400 --> 0:19:59.000
<v Speaker 1>and they probably pushed him from a young age, and

0:19:59.000 --> 0:20:01.560
<v Speaker 1>he's probably played, know, worked really hard his whole life.

0:20:01.800 --> 0:20:03.920
<v Speaker 1>I didn't have that. My parents didn't teach me. My

0:20:03.960 --> 0:20:06.040
<v Speaker 1>dad doesn't play basketball. He didn't teach me how to play.

0:20:06.400 --> 0:20:08.080
<v Speaker 1>My parents didn't push me to do that. So I

0:20:08.119 --> 0:20:12.679
<v Speaker 1>didn't have the same opportunity as him. Um, but I

0:20:12.720 --> 0:20:14.680
<v Speaker 1>could have. I mean, I still could have gone and

0:20:14.720 --> 0:20:17.639
<v Speaker 1>play basketball. I mean, there were kids in my neighborhood playing,

0:20:17.720 --> 0:20:20.199
<v Speaker 1>white kids playing basketball. I could have done it, but

0:20:20.240 --> 0:20:22.320
<v Speaker 1>I didn't. But I don't view that as wrong because

0:20:22.359 --> 0:20:23.760
<v Speaker 1>we played by the same rules. And so what do

0:20:23.760 --> 0:20:26.280
<v Speaker 1>you think about that? Oh? Yeah, well I didn't agree

0:20:26.280 --> 0:20:28.120
<v Speaker 1>with that. Like you said, people look at the financial

0:20:28.119 --> 0:20:32.520
<v Speaker 1>system think it's unfair in different spots. You look at basketball, football, baseball, whatever,

0:20:32.520 --> 0:20:34.920
<v Speaker 1>professional sports, they all play the same rules. So yeah,

0:20:34.920 --> 0:20:37.000
<v Speaker 1>I didn't agree with that. And I also think, uh,

0:20:37.280 --> 0:20:41.520
<v Speaker 1>anything that you're blessed with, like Lebron's ability, you know, size,

0:20:41.800 --> 0:20:45.439
<v Speaker 1>uh people, you know, anybody in the sports industry usually

0:20:45.440 --> 0:20:47.639
<v Speaker 1>blessed that way. Use what you have to get what

0:20:47.720 --> 0:20:50.320
<v Speaker 1>you want. And I think that's what people are misconstrolling

0:20:50.359 --> 0:20:52.280
<v Speaker 1>with the financial side, is people were using what they

0:20:52.280 --> 0:20:54.480
<v Speaker 1>had to get what they want. Um, they just didn't

0:20:54.520 --> 0:20:56.439
<v Speaker 1>play by the same set of rules. Yeah, and if

0:20:56.440 --> 0:20:58.720
<v Speaker 1>you look at basketball. Again, I'm not a basketball player,

0:20:58.760 --> 0:21:00.439
<v Speaker 1>so but I still have the analogy. But like you

0:21:00.520 --> 0:21:02.600
<v Speaker 1>have like a big player like Lebron and maybe a

0:21:02.640 --> 0:21:07.520
<v Speaker 1>little player like Curry, and they're totally different, but they

0:21:07.560 --> 0:21:09.679
<v Speaker 1>still have to abide by the same set of rules,

0:21:09.720 --> 0:21:13.240
<v Speaker 1>but the way they approached the game is different because

0:21:13.280 --> 0:21:15.600
<v Speaker 1>of their strengths and weaknesses they have. Even though the

0:21:15.680 --> 0:21:18.480
<v Speaker 1>rules are set, whereas in the financial system the rules.

0:21:18.480 --> 0:21:21.280
<v Speaker 1>The rules get changed today and so well, I will

0:21:21.280 --> 0:21:23.600
<v Speaker 1>say with Steph, I grew up with Stephan Charlotte, playing

0:21:23.640 --> 0:21:25.480
<v Speaker 1>basketball with him. I think I'm the last person to

0:21:25.520 --> 0:21:28.359
<v Speaker 1>beat him a three point Oh that's a big claim.

0:21:29.280 --> 0:21:33.119
<v Speaker 1>It's true. I beat him at his dad's camp. Uh.

0:21:33.119 --> 0:21:35.199
<v Speaker 1>But I will say about him is the advantage he

0:21:35.240 --> 0:21:37.760
<v Speaker 1>had was his dad playing NBA, So his dad knew

0:21:37.760 --> 0:21:39.760
<v Speaker 1>exactly what workouts to do for him and his brother

0:21:39.880 --> 0:21:41.800
<v Speaker 1>to be better than people who were small, you know,

0:21:41.840 --> 0:21:44.239
<v Speaker 1>other smaller guards. So they have sent it past everybody else.

0:21:44.240 --> 0:21:45.679
<v Speaker 1>So he used what you have, used what you have

0:21:45.800 --> 0:21:47.440
<v Speaker 1>to get where you're at. Because Lebron didn't have any

0:21:47.520 --> 0:21:50.680
<v Speaker 1>parents that playing the NBA, but he had the size advantage.

0:21:51.400 --> 0:21:53.840
<v Speaker 1>That's the thing. Yeah. The other thing I think about

0:21:53.880 --> 0:21:58.119
<v Speaker 1>two is that is that Alex Fetzki and my co

0:21:58.160 --> 0:22:00.639
<v Speaker 1>author of the book on Communist Manifesto again check it

0:22:00.640 --> 0:22:04.200
<v Speaker 1>out on commons dot com um. He says that if

0:22:04.359 --> 0:22:08.560
<v Speaker 1>we either have a fair rules and an unequal outcome,

0:22:09.600 --> 0:22:13.719
<v Speaker 1>or we have unequal rules and an equal outcome. So

0:22:13.840 --> 0:22:16.720
<v Speaker 1>if you want, if everyone has pushing equality in order

0:22:16.720 --> 0:22:18.920
<v Speaker 1>to get equality, then we have to treat people differently,

0:22:19.840 --> 0:22:22.920
<v Speaker 1>because if we treat everybody the same, then we get unequal,

0:22:23.880 --> 0:22:26.440
<v Speaker 1>which is how supposed to be. I mean, everybody should

0:22:26.440 --> 0:22:29.600
<v Speaker 1>have the equal opportunity, but there is no guarantee that

0:22:29.640 --> 0:22:31.560
<v Speaker 1>you're going to succeed. There's no guarantee that what you

0:22:31.600 --> 0:22:34.080
<v Speaker 1>do is gonna make sense. And you're right, you have

0:22:34.119 --> 0:22:36.560
<v Speaker 1>to treat people differently. And what that ends up doing

0:22:36.640 --> 0:22:39.400
<v Speaker 1>is you have people like, for example, I've literally had

0:22:39.400 --> 0:22:41.879
<v Speaker 1>white people tell me I'm oppressed and I'm looking at

0:22:41.880 --> 0:22:44.919
<v Speaker 1>them like, no, I'm not. That's kind of what I

0:22:44.920 --> 0:22:46.520
<v Speaker 1>had to get out of California. It's too many people

0:22:46.600 --> 0:22:49.080
<v Speaker 1>that just feel sorry for you just because of my race.

0:22:49.480 --> 0:22:51.040
<v Speaker 1>And that's the thing is like, now you have to

0:22:51.040 --> 0:22:53.040
<v Speaker 1>treat people like well, just because of this something, this

0:22:53.119 --> 0:22:55.960
<v Speaker 1>must be happening, and that's where you start getting into

0:22:56.440 --> 0:23:00.280
<v Speaker 1>Actually that is more biggoted than the other way. Treat

0:23:00.280 --> 0:23:02.520
<v Speaker 1>everybody the same and whatever the outcome is is it's

0:23:02.560 --> 0:23:04.880
<v Speaker 1>up to the individual person. So uh, you know, people

0:23:04.920 --> 0:23:07.920
<v Speaker 1>don't want to take responsibility for their actions. Accountability is

0:23:07.960 --> 0:23:11.639
<v Speaker 1>a huge issue in today's age. So yeah, that that

0:23:11.760 --> 0:23:14.119
<v Speaker 1>is how it works, and that's how it should as

0:23:14.160 --> 0:23:17.840
<v Speaker 1>far as The other thing though, too, is that if

0:23:17.840 --> 0:23:20.760
<v Speaker 1>everybody wants to quality, so they see Jeff Bezos or whatever,

0:23:20.800 --> 0:23:22.439
<v Speaker 1>and he's super rich, and like, why does he have

0:23:22.480 --> 0:23:24.399
<v Speaker 1>all that money? Like he should give me some of

0:23:24.400 --> 0:23:28.480
<v Speaker 1>that money? We should share equally. Well, um, Jeff Bezos,

0:23:28.520 --> 0:23:30.760
<v Speaker 1>I'm guessing. I don't know, but I'm guessing he probably

0:23:30.800 --> 0:23:34.239
<v Speaker 1>worked eighty hours a week for twenty years straight. So

0:23:34.280 --> 0:23:37.239
<v Speaker 1>does everybody? Should everybody equally have to work eighty hour

0:23:37.320 --> 0:23:38.919
<v Speaker 1>week for twenty years? Because I don't want to do

0:23:39.000 --> 0:23:42.399
<v Speaker 1>that exactly, Most people don't. I don't want to do that.

0:23:42.440 --> 0:23:44.679
<v Speaker 1>So like people think, well, equally, we should have the

0:23:44.680 --> 0:23:46.600
<v Speaker 1>same money, but equally, do you want to work as

0:23:46.600 --> 0:23:49.800
<v Speaker 1>hard as he did? Yeah? No, most people don't. And

0:23:49.840 --> 0:23:51.920
<v Speaker 1>that's the that's the bad part is people just see

0:23:51.960 --> 0:23:54.000
<v Speaker 1>the end result. They don't see all the long nights,

0:23:54.520 --> 0:23:57.159
<v Speaker 1>you know, all the times may almost want bankrupt, or

0:23:57.240 --> 0:23:58.720
<v Speaker 1>the idea was bad. They don't see all of that,

0:23:59.000 --> 0:24:01.359
<v Speaker 1>see the result and say, will how can how can

0:24:01.400 --> 0:24:03.240
<v Speaker 1>I get some of that? The funny thing is people

0:24:03.240 --> 0:24:06.560
<v Speaker 1>will complain about it and stuff Amazon account, Yeah you're

0:24:06.600 --> 0:24:09.560
<v Speaker 1>the one funding this, Yeah you know. I just think

0:24:09.560 --> 0:24:11.280
<v Speaker 1>if you really do have a problem with billionaires stop

0:24:11.320 --> 0:24:14.800
<v Speaker 1>using their products. Yeah, that's your protests, so to say, yeah,

0:24:14.840 --> 0:24:16.880
<v Speaker 1>but but but yeah, you just equally I don't want

0:24:16.880 --> 0:24:19.280
<v Speaker 1>to work out hard. And even back to the basketball analogy,

0:24:19.320 --> 0:24:22.040
<v Speaker 1>I mean, how much has Lebron you know, sweated and

0:24:22.119 --> 0:24:24.560
<v Speaker 1>played his whole life. I don't want to do that.

0:24:24.960 --> 0:24:27.520
<v Speaker 1>I have friends that have moved down to Central America

0:24:27.640 --> 0:24:30.920
<v Speaker 1>El salvad Or, Nicaragua. They live on the beach in

0:24:30.960 --> 0:24:32.680
<v Speaker 1>a hammock, and they fish and they serve all day

0:24:32.800 --> 0:24:35.800
<v Speaker 1>and they're perfectly happy with that. Why should they be

0:24:35.880 --> 0:24:38.720
<v Speaker 1>forced to go work eighty hour weeks for twenty weeks.

0:24:38.960 --> 0:24:41.119
<v Speaker 1>They shouldn't. They shouldn't, And if you don't want to,

0:24:41.480 --> 0:24:44.159
<v Speaker 1>then don't expect the same. Alcolm. Yeah, it's very simple.

0:24:44.359 --> 0:24:48.200
<v Speaker 1>It's simple. It's simple, and so I think that's bringing

0:24:48.200 --> 0:24:50.119
<v Speaker 1>it back to bitcoin. And so that's the advantage. So

0:24:50.119 --> 0:24:52.040
<v Speaker 1>if if we can, if we can be okay with

0:24:52.119 --> 0:24:56.119
<v Speaker 1>sports guys being better, more skill, more fame, more money,

0:24:56.720 --> 0:24:58.880
<v Speaker 1>because we view it as fair rules. If we can

0:24:58.920 --> 0:25:02.880
<v Speaker 1>bring fairness back to the financial rules, maybe we can

0:25:02.920 --> 0:25:05.679
<v Speaker 1>actually start to celebrate success again. Exactly. Yes, And I

0:25:05.680 --> 0:25:08.040
<v Speaker 1>think you think bitcoins are way more fair system. Absolutely

0:25:08.080 --> 0:25:11.000
<v Speaker 1>protocol is built every everybody can view it. As you said,

0:25:11.000 --> 0:25:14.840
<v Speaker 1>permission lists, open source, and uh, you get rewarded for

0:25:14.880 --> 0:25:16.800
<v Speaker 1>your time. That's the biggest thing I like. I like

0:25:16.840 --> 0:25:19.040
<v Speaker 1>about bitcoin is the time you put in for work.

0:25:19.119 --> 0:25:22.240
<v Speaker 1>You're rewarded as the value of bitcoin grows over time.

0:25:22.320 --> 0:25:23.919
<v Speaker 1>And I think that, what do you mean just like

0:25:23.960 --> 0:25:26.440
<v Speaker 1>in its savings, Yes, as a saving account, So you're

0:25:26.440 --> 0:25:29.440
<v Speaker 1>rewarded for the work that you put in. Whereas with inflation,

0:25:29.600 --> 0:25:31.439
<v Speaker 1>you can work really hard for thirty years and your

0:25:31.440 --> 0:25:33.640
<v Speaker 1>money has been constantly stolen from you over that time.

0:25:33.960 --> 0:25:36.040
<v Speaker 1>The bitcoin over the next thirty years, all of the

0:25:36.040 --> 0:25:39.159
<v Speaker 1>work you put in to get bitcoin will reward you

0:25:39.200 --> 0:25:42.000
<v Speaker 1>for your time. And you know, some people could have

0:25:42.040 --> 0:25:44.000
<v Speaker 1>the saving because of a sixty year old at twenty

0:25:44.080 --> 0:25:46.440
<v Speaker 1>years old right now, just because they decided to accept

0:25:46.480 --> 0:25:49.440
<v Speaker 1>bitcoin instead. So it rewards you for your time. And

0:25:49.560 --> 0:25:53.200
<v Speaker 1>it basically keeps in line with the ethos that people

0:25:53.200 --> 0:25:55.720
<v Speaker 1>that work and put in the work should be rewarded

0:25:55.800 --> 0:25:58.800
<v Speaker 1>as we all use the same system, which is reversed

0:25:58.880 --> 0:26:01.680
<v Speaker 1>right now. You actually punished being a worker right now

0:26:01.760 --> 0:26:05.760
<v Speaker 1>with inflation, hot taxes and things like that. Yeah, if

0:26:05.800 --> 0:26:07.879
<v Speaker 1>you think about that, um, you know, the division of

0:26:07.960 --> 0:26:09.719
<v Speaker 1>labor allowed me to be really good at one thing,

0:26:09.720 --> 0:26:10.919
<v Speaker 1>and you'd be really good at another thing, and then

0:26:10.960 --> 0:26:12.879
<v Speaker 1>we trade. And if I could be really good at

0:26:12.920 --> 0:26:15.879
<v Speaker 1>one thing, then I should I'm gonna cure cancer, for example, right,

0:26:15.880 --> 0:26:17.720
<v Speaker 1>and I I should be able to focus just on curing cancer.

0:26:18.080 --> 0:26:20.640
<v Speaker 1>But because our money system is so inflation or it's

0:26:20.720 --> 0:26:23.399
<v Speaker 1>literally stealing the value from us, and so rather than

0:26:23.440 --> 0:26:25.639
<v Speaker 1>me being the best brain surgeon or best you know,

0:26:25.680 --> 0:26:28.199
<v Speaker 1>curring cancer, um, I have to be part time that

0:26:28.480 --> 0:26:31.639
<v Speaker 1>and part time investor. And if I do two things,

0:26:31.640 --> 0:26:34.159
<v Speaker 1>I'm not really good at either one. And so no,

0:26:34.280 --> 0:26:36.239
<v Speaker 1>half my time is spent trying to invest just so

0:26:36.280 --> 0:26:39.080
<v Speaker 1>I don't lose my savings that melting ice cube. And

0:26:39.119 --> 0:26:41.160
<v Speaker 1>if you think about it like that, like think about

0:26:41.240 --> 0:26:44.280
<v Speaker 1>all the brain power that's just been sucked out of

0:26:44.280 --> 0:26:47.040
<v Speaker 1>the world, Like how much more advancement could we have

0:26:47.040 --> 0:26:49.159
<v Speaker 1>gotten if people could just be a brain surgeon as

0:26:49.160 --> 0:26:52.240
<v Speaker 1>opposed to being an investor. And and even to your point,

0:26:52.280 --> 0:26:54.160
<v Speaker 1>I mean people that are working that you just made

0:26:54.240 --> 0:26:56.040
<v Speaker 1>the point, like you know, people work twenty years and

0:26:56.080 --> 0:26:57.520
<v Speaker 1>they save their money and at the end it's not

0:26:57.520 --> 0:27:00.480
<v Speaker 1>worth anything. This is it's crazy and now we're in

0:27:00.480 --> 0:27:03.520
<v Speaker 1>the gig economy. Nobody does one thing anymore, right, I mean,

0:27:03.600 --> 0:27:06.240
<v Speaker 1>I don't think anybody under twenty five has one single

0:27:06.320 --> 0:27:08.680
<v Speaker 1>job that they do. They have side hustles or things

0:27:08.680 --> 0:27:10.119
<v Speaker 1>that they do to make extra money. But you're right,

0:27:10.160 --> 0:27:11.720
<v Speaker 1>when inflation comes, you've got to get back on the

0:27:11.720 --> 0:27:14.560
<v Speaker 1>hampster wheel and keep it going. Yeah. Yeah, So if

0:27:14.560 --> 0:27:16.920
<v Speaker 1>you'll be able to just save your money now you

0:27:16.960 --> 0:27:18.959
<v Speaker 1>don't have to be this this forced investor, which is

0:27:19.040 --> 0:27:21.560
<v Speaker 1>definitely gonna change things as well. You're listening to the

0:27:21.560 --> 0:27:24.240
<v Speaker 1>markma Show. We're talking about bitcoin. If you haven't caught

0:27:24.280 --> 0:27:26.920
<v Speaker 1>on already, we're talking about the decentralized revolution that's changing

0:27:26.920 --> 0:27:28.359
<v Speaker 1>the world as we speak, and we're coming to you

0:27:28.440 --> 0:27:32.440
<v Speaker 1>from Miami for the Bitcoin two Conference. I am sitting

0:27:32.440 --> 0:27:34.640
<v Speaker 1>down with Isaiah you can find them on Twitter at

0:27:34.680 --> 0:27:36.640
<v Speaker 1>bitcoin z as, the author of one of the best

0:27:36.640 --> 0:27:40.800
<v Speaker 1>selling books for Bitcoin and Black America. We're gonna be

0:27:40.920 --> 0:27:43.679
<v Speaker 1>right back with more, so don't go away, all right,

0:27:43.680 --> 0:27:45.680
<v Speaker 1>Welcome back. You are listening to the Markmas Show. We're

0:27:45.720 --> 0:27:48.520
<v Speaker 1>talking about bitcoin and the decentralized revolution that is changing

0:27:48.600 --> 0:27:52.320
<v Speaker 1>the world right now. I'm sitting in Miami for the

0:27:52.320 --> 0:27:56.880
<v Speaker 1>Bitcoin Conference two, and uh, it's big. It's a big deal.

0:27:56.960 --> 0:28:00.439
<v Speaker 1>It's been amazing to see it rise. And uh uh

0:28:00.520 --> 0:28:01.760
<v Speaker 1>a couple of years ago it was like a few

0:28:01.800 --> 0:28:04.040
<v Speaker 1>thousand people. Last year's like fifteen thousand people. This year's

0:28:04.040 --> 0:28:07.280
<v Speaker 1>like forty people. It's amazing. It's a movement. It's growing,

0:28:07.320 --> 0:28:09.719
<v Speaker 1>but it's still not too late. I'm sitting down with Isaiah.

0:28:09.760 --> 0:28:11.520
<v Speaker 1>You can find them on Twitter at bitcoin z is

0:28:11.560 --> 0:28:15.119
<v Speaker 1>the author of Bitcoin Black America, and he is trying

0:28:15.160 --> 0:28:17.920
<v Speaker 1>to help bring more people into the space by helping

0:28:17.960 --> 0:28:22.000
<v Speaker 1>people understand it's permissionless. It's an equal opportunity for everybody.

0:28:22.400 --> 0:28:25.920
<v Speaker 1>Everybody has an opportunity. Now, Um, we're talking about um,

0:28:26.040 --> 0:28:27.600
<v Speaker 1>before the break, we're kind of using this kind of

0:28:27.600 --> 0:28:30.240
<v Speaker 1>football Um sorry but basketball analogy with the rich and

0:28:30.240 --> 0:28:32.080
<v Speaker 1>the poor and whatever, and we're talking about how there

0:28:32.119 --> 0:28:34.399
<v Speaker 1>was a fair set of rules. Maybe people would like

0:28:34.560 --> 0:28:37.040
<v Speaker 1>that system better, which of course they would, um, but

0:28:37.080 --> 0:28:38.880
<v Speaker 1>a lot of people would still say that bitcoin is

0:28:38.960 --> 0:28:41.840
<v Speaker 1>unfair because, um, you have the ability to buy a

0:28:41.880 --> 0:28:43.720
<v Speaker 1>bunch of bitcoin right now, and what about the poor

0:28:43.760 --> 0:28:45.760
<v Speaker 1>people that won't know about bitcoin in a year for

0:28:45.800 --> 0:28:47.440
<v Speaker 1>a year or two from now? What do you have

0:28:47.480 --> 0:28:49.520
<v Speaker 1>to say about that. Oh yeah, well, the fairness of

0:28:49.560 --> 0:28:51.680
<v Speaker 1>bitcoin doesn't come from how much you own, It comes

0:28:51.680 --> 0:28:55.560
<v Speaker 1>from the notes. The decentralization of bitcoin is that nobody

0:28:55.560 --> 0:28:57.160
<v Speaker 1>can change the rules. So if we all have the

0:28:57.160 --> 0:29:00.320
<v Speaker 1>same set of rules, everybody starts at different places, and

0:29:00.480 --> 0:29:03.240
<v Speaker 1>the accumulation of bitcoin can be You can be richer

0:29:03.240 --> 0:29:06.000
<v Speaker 1>than somebody and only buy a hundred bucks worth, but

0:29:06.080 --> 0:29:07.920
<v Speaker 1>you can also have less money and dollar cost average

0:29:07.960 --> 0:29:10.680
<v Speaker 1>over time and far outdo how much bitcoins in one has.

0:29:10.720 --> 0:29:13.360
<v Speaker 1>So just because people start at a certain place doesn't

0:29:13.360 --> 0:29:15.239
<v Speaker 1>mean that it's unfair. That people are buying as much

0:29:15.280 --> 0:29:17.840
<v Speaker 1>as possible and the rules can't be changed because you

0:29:17.840 --> 0:29:20.800
<v Speaker 1>have more bitcoin, that's the system. Where now big piece,

0:29:20.880 --> 0:29:22.920
<v Speaker 1>that's the huge piece. You have more money, you have

0:29:23.000 --> 0:29:25.400
<v Speaker 1>more influence, you can get you know, super PACs, you

0:29:25.400 --> 0:29:28.560
<v Speaker 1>can get uh lobbyists to change the rules and get

0:29:28.600 --> 0:29:30.600
<v Speaker 1>more money for yourself. Can't do that in a biitcoin, right,

0:29:30.680 --> 0:29:33.280
<v Speaker 1>no matter how much they own. Yeah, that's a big piece.

0:29:33.320 --> 0:29:38.160
<v Speaker 1>So unlike Bitcoin, the other fifteen thousand or whatever all

0:29:38.200 --> 0:29:41.600
<v Speaker 1>coins cryptocurrencies that are out there, most of most of those,

0:29:41.720 --> 0:29:45.120
<v Speaker 1>the big majority um run a different algorithm called proof

0:29:45.160 --> 0:29:49.040
<v Speaker 1>of steak um, and so whoever has the most tokens

0:29:49.200 --> 0:29:51.280
<v Speaker 1>can stake them and they get the votes and they

0:29:51.280 --> 0:29:53.280
<v Speaker 1>can do whatever they want with the network. And the

0:29:53.320 --> 0:29:55.240
<v Speaker 1>point that you're making is that with bitcoin you don't

0:29:55.280 --> 0:29:57.560
<v Speaker 1>have that ability. So just because you may own a

0:29:57.600 --> 0:29:59.920
<v Speaker 1>bunch of bitcoin doesn't mean you have any more influence

0:30:00.000 --> 0:30:02.240
<v Speaker 1>control over network anybody else. So yeah, Elon can't change

0:30:02.240 --> 0:30:04.320
<v Speaker 1>the rules anymore than I can. And he's rich man,

0:30:04.360 --> 0:30:06.239
<v Speaker 1>and you know, so that's the good thing. And I

0:30:06.280 --> 0:30:08.840
<v Speaker 1>still can't unsee. POS always looks like piece of ship,

0:30:10.280 --> 0:30:12.480
<v Speaker 1>but it also describes the system. Are you're doing is

0:30:12.520 --> 0:30:14.800
<v Speaker 1>a digital version of what we already have. And uh,

0:30:14.880 --> 0:30:16.880
<v Speaker 1>you're you're putting lipstick on a pig by saying yeah,

0:30:16.880 --> 0:30:18.960
<v Speaker 1>a proof of steak is great for the environment, is faster,

0:30:19.080 --> 0:30:21.560
<v Speaker 1>we can get more done. But what they don't tell

0:30:21.600 --> 0:30:23.920
<v Speaker 1>you is again the control is given up as soon

0:30:23.960 --> 0:30:26.400
<v Speaker 1>as you have a set of validators or a group

0:30:26.440 --> 0:30:29.560
<v Speaker 1>of people that have more money. Yeah. Yeah, And and

0:30:29.560 --> 0:30:32.280
<v Speaker 1>that goes back to the basket basketball analogy. And so

0:30:32.400 --> 0:30:35.880
<v Speaker 1>it's fair because the rules are fixed, and so in

0:30:35.960 --> 0:30:38.880
<v Speaker 1>a POS system, they can change the rules if they

0:30:38.920 --> 0:30:40.760
<v Speaker 1>have more votes. And so then we're back to a

0:30:40.800 --> 0:30:42.440
<v Speaker 1>situation like you said, just like what we have now

0:30:42.440 --> 0:30:44.960
<v Speaker 1>with the Federal Reserve. Yeah. I mean, if the monetary

0:30:44.960 --> 0:30:47.840
<v Speaker 1>policy is constantly changing, you don't have a monetary policy.

0:30:48.240 --> 0:30:52.480
<v Speaker 1>Because at this point the eighteen or whatever thousand cryptos,

0:30:52.520 --> 0:30:54.360
<v Speaker 1>most are going towards proof of steak so they can

0:30:54.400 --> 0:30:57.360
<v Speaker 1>keep control. It's really hard for people to unlearn the

0:30:57.400 --> 0:30:59.120
<v Speaker 1>idea that because I have more money, I should have

0:30:59.120 --> 0:31:01.160
<v Speaker 1>more Say, that's not how it should be. It should

0:31:01.160 --> 0:31:03.160
<v Speaker 1>be set of rules, fair for everybody, and then from

0:31:03.160 --> 0:31:06.200
<v Speaker 1>there do whatever work in that system. Yeah, yeah, exactly,

0:31:06.800 --> 0:31:08.720
<v Speaker 1>which is one of the reasons why the proof of

0:31:08.760 --> 0:31:11.200
<v Speaker 1>work which bigcoin runs on a proof of work consensus

0:31:11.560 --> 0:31:13.400
<v Speaker 1>that we're talking about, and um, that's one of the

0:31:13.440 --> 0:31:16.120
<v Speaker 1>reasons why I believe that it's being attacked right now,

0:31:16.240 --> 0:31:19.760
<v Speaker 1>like they're trying to discredit anyway they can, because they realize, well, shoot,

0:31:19.800 --> 0:31:21.320
<v Speaker 1>we can't control that. We need to keep it in

0:31:21.320 --> 0:31:23.240
<v Speaker 1>a system we can't control. Oh yeah, yeah, and we

0:31:23.280 --> 0:31:26.960
<v Speaker 1>see that constantly. Uh. You know, with the dose coin,

0:31:27.040 --> 0:31:28.760
<v Speaker 1>Hype and with some of these other coins hype you

0:31:28.760 --> 0:31:30.560
<v Speaker 1>would look at the wallets and then somebody would hold

0:31:30.560 --> 0:31:33.160
<v Speaker 1>fIF the tokens. Well, I wonder what they're gonna do.

0:31:33.240 --> 0:31:37.160
<v Speaker 1>You know, so I think people who think people mistake

0:31:37.240 --> 0:31:40.480
<v Speaker 1>is better, Uh, do not be fooled by you know,

0:31:40.800 --> 0:31:43.200
<v Speaker 1>what's shining that. It seems good, it seems like it's

0:31:43.200 --> 0:31:44.680
<v Speaker 1>great right now, but it's sort of like the tortoise

0:31:44.680 --> 0:31:47.040
<v Speaker 1>in the Hare. Hare runs fast, but it will run

0:31:47.040 --> 0:31:50.080
<v Speaker 1>out of energy. Way quicker toward us is bigcoin. Just

0:31:50.160 --> 0:31:52.840
<v Speaker 1>keep going steady, never gonna stop. So yeah, we'll end

0:31:52.880 --> 0:31:55.280
<v Speaker 1>up winning the race. But again that's that's how it

0:31:55.320 --> 0:31:59.080
<v Speaker 1>should be viewed. Yeah, jumping jumping back. I mean your

0:31:59.080 --> 0:32:02.000
<v Speaker 1>book obviously helping you know, bring what we call no

0:32:02.120 --> 0:32:04.320
<v Speaker 1>coiners and people who don't own ay coins trying to

0:32:04.320 --> 0:32:06.959
<v Speaker 1>turn these no corners into you know, buying it, believing

0:32:06.960 --> 0:32:10.360
<v Speaker 1>it in etcetera. I was talking with uh with shout

0:32:10.400 --> 0:32:12.640
<v Speaker 1>out to Luke. He helps me with some of my

0:32:12.720 --> 0:32:15.239
<v Speaker 1>research on my videos. UM we're talking the other day

0:32:15.240 --> 0:32:16.480
<v Speaker 1>and he was talking about what do you think is

0:32:16.520 --> 0:32:18.400
<v Speaker 1>the best way to orange bill people, which we say

0:32:18.400 --> 0:32:20.560
<v Speaker 1>orange pill, which means you know, introduced him to bitcoin

0:32:20.680 --> 0:32:23.239
<v Speaker 1>or convinced them to buy bitcoin over whatever you want

0:32:23.280 --> 0:32:26.040
<v Speaker 1>to call it. And Alex Fetzki, my co author of

0:32:26.080 --> 0:32:29.600
<v Speaker 1>that book, UM, the Uncommunist manifesto, which is on Kickstarter

0:32:29.760 --> 0:32:32.520
<v Speaker 1>right now. Another shameless plug. Check it out at Uncommunist

0:32:32.560 --> 0:32:36.520
<v Speaker 1>dot com. It's on Kickstarter right now. Um. But he

0:32:36.520 --> 0:32:40.360
<v Speaker 1>he gave some He gave a talk at Unconfiscatable recently

0:32:40.560 --> 0:32:44.200
<v Speaker 1>and he said that we don't need mass adoption because

0:32:44.240 --> 0:32:49.520
<v Speaker 1>the masses are always wrong. And uh, he said, the

0:32:49.560 --> 0:32:52.360
<v Speaker 1>masses will, they'll come eventually, but they'll come when they

0:32:52.400 --> 0:32:53.880
<v Speaker 1>don't have to think about it, just because everybody else

0:32:53.920 --> 0:32:55.200
<v Speaker 1>is doing it. And so back to the question to

0:32:55.280 --> 0:32:57.040
<v Speaker 1>Luke asked me, is like, how do we how do

0:32:57.080 --> 0:33:00.000
<v Speaker 1>we orange bill people? And uh, how do we introduce

0:33:00.240 --> 0:33:02.280
<v Speaker 1>to bitcoin? How do we convince them? Because most people

0:33:02.320 --> 0:33:04.880
<v Speaker 1>don't understand what money is. And if you don't know

0:33:04.920 --> 0:33:06.640
<v Speaker 1>what money is and why it's broken, then it's very

0:33:06.640 --> 0:33:10.280
<v Speaker 1>hard to understand why you might need an alternative. Um

0:33:10.320 --> 0:33:12.760
<v Speaker 1>and I and I said, well, you know the majority

0:33:12.800 --> 0:33:14.800
<v Speaker 1>of people, and it's some alarming number. I want to say.

0:33:14.840 --> 0:33:17.680
<v Speaker 1>It's like people don't have four hundred bucks for an

0:33:17.720 --> 0:33:21.760
<v Speaker 1>emergency expense. And I said, those people, they probably don't

0:33:21.760 --> 0:33:24.080
<v Speaker 1>need to worry about bitcoin. They need to figure out

0:33:24.080 --> 0:33:25.280
<v Speaker 1>how to get more than four hundred bucks in their

0:33:25.280 --> 0:33:28.720
<v Speaker 1>bankccount exactly. What's your opinion on that. Oh yeah, I've

0:33:28.720 --> 0:33:30.680
<v Speaker 1>said that to people plenty of times. If you don't

0:33:30.720 --> 0:33:32.400
<v Speaker 1>have the money to enter to the market, get a

0:33:32.400 --> 0:33:35.120
<v Speaker 1>second job, you know how to make more money or

0:33:35.240 --> 0:33:36.920
<v Speaker 1>what to do with that money so that you can

0:33:37.080 --> 0:33:38.479
<v Speaker 1>use it for a bitcoin. I mean, you can't buy

0:33:38.480 --> 0:33:40.760
<v Speaker 1>a dollar worth a bitcoin five dollars worth, which is fine,

0:33:41.360 --> 0:33:43.840
<v Speaker 1>But for most people who are in that situation, what

0:33:43.880 --> 0:33:48.040
<v Speaker 1>I remind them is, um, at a certain point, you

0:33:48.080 --> 0:33:50.040
<v Speaker 1>won't have a choice. And I think that's what people

0:33:50.040 --> 0:33:52.560
<v Speaker 1>don't understand is, like you said, mainstream always follows later,

0:33:53.000 --> 0:33:55.120
<v Speaker 1>just like now, the Internet used to be a choice.

0:33:55.240 --> 0:33:57.640
<v Speaker 1>You can choose these internet and be fine without it.

0:33:57.800 --> 0:34:00.080
<v Speaker 1>People did it for years, but at this point you

0:34:00.120 --> 0:34:03.080
<v Speaker 1>can't live without it. Yeah, imagine, I mean, can people

0:34:03.080 --> 0:34:04.720
<v Speaker 1>go to people's house if you don't have WiFi? Like,

0:34:04.760 --> 0:34:08.000
<v Speaker 1>what's wrong? I think that's pretty much I was going

0:34:08.080 --> 0:34:11.000
<v Speaker 1>to be with bigcoin of crypto because some people will

0:34:11.040 --> 0:34:12.960
<v Speaker 1>take that route, but and the and that's eventually the

0:34:13.000 --> 0:34:15.799
<v Speaker 1>masses will come exactly and they always come late. Yeah.

0:34:15.840 --> 0:34:18.440
<v Speaker 1>I was using this example and this when I have

0:34:18.560 --> 0:34:22.399
<v Speaker 1>some maybe contrary and takes on income inequality, but I

0:34:22.440 --> 0:34:24.799
<v Speaker 1>could say that income in equality is actually a good thing.

0:34:25.320 --> 0:34:27.040
<v Speaker 1>And and the reason why is, let's say in the

0:34:27.080 --> 0:34:31.840
<v Speaker 1>nineteen eighties, the rich people on Wall Street needed a

0:34:31.920 --> 0:34:34.000
<v Speaker 1>cell phone that there was no cell phone, and they

0:34:34.120 --> 0:34:37.680
<v Speaker 1>probably spent fifty dollars for this big old brick. But

0:34:37.760 --> 0:34:40.399
<v Speaker 1>because they needed it. I didn't need it at the time,

0:34:40.400 --> 0:34:42.319
<v Speaker 1>but they needed it, and they had the money for it,

0:34:42.440 --> 0:34:44.200
<v Speaker 1>they were able to buy that. And then that they

0:34:44.200 --> 0:34:46.799
<v Speaker 1>were able to invent that technology for them. And then

0:34:46.800 --> 0:34:49.800
<v Speaker 1>eventually he got down to twenty, and then the ten thousand,

0:34:50.000 --> 0:34:51.719
<v Speaker 1>and then the one thousand, and has more people got it,

0:34:51.880 --> 0:34:55.400
<v Speaker 1>got cheaper, cheaper, cheaper, and eventually now everybody has a phone.

0:34:55.920 --> 0:34:58.640
<v Speaker 1>And if it wasn't for them they having more income

0:34:58.640 --> 0:35:00.359
<v Speaker 1>than everybody else and more of a need for it,

0:35:00.640 --> 0:35:02.640
<v Speaker 1>we never would have had then then the average but

0:35:02.640 --> 0:35:05.279
<v Speaker 1>then of course America, being a rich country, got it.

0:35:05.560 --> 0:35:07.799
<v Speaker 1>And then after America got it, then now everyone in

0:35:07.840 --> 0:35:10.400
<v Speaker 1>Africa has it. And so you kind of need that

0:35:10.440 --> 0:35:13.960
<v Speaker 1>income in equality gap. And and and that also come

0:35:14.040 --> 0:35:17.719
<v Speaker 1>to your point. My my my first cell phone I

0:35:17.719 --> 0:35:21.719
<v Speaker 1>think was like or nineteen ninety six or something like that,

0:35:22.239 --> 0:35:24.400
<v Speaker 1>and it didn't even have not it didn't even have

0:35:24.440 --> 0:35:26.080
<v Speaker 1>letters that just had numbers on at this big old

0:35:26.080 --> 0:35:28.360
<v Speaker 1>whip antenna. And when I first got it, I was

0:35:28.520 --> 0:35:31.239
<v Speaker 1>doing a real estate investing in southern California, and so

0:35:31.280 --> 0:35:32.320
<v Speaker 1>I need a phone if I was out on the

0:35:32.400 --> 0:35:35.240
<v Speaker 1>job set or whatever. But like I never even carried

0:35:35.280 --> 0:35:36.960
<v Speaker 1>it with me because I didn't know anyone else that

0:35:37.080 --> 0:35:41.920
<v Speaker 1>had a phone. Yeah, right, and and so like I

0:35:41.960 --> 0:35:43.879
<v Speaker 1>didn't have to run around somewhere. You need a phone,

0:35:43.880 --> 0:35:45.759
<v Speaker 1>You need a phone. Adoption, adoption, get a phone. Get

0:35:45.880 --> 0:35:48.040
<v Speaker 1>Like I didn't have to do that. Like eventually, just

0:35:48.160 --> 0:35:50.239
<v Speaker 1>now you can't go without a phone. Yeah, and I

0:35:50.239 --> 0:35:51.640
<v Speaker 1>think that will be the same. You can't live without

0:35:51.680 --> 0:35:53.279
<v Speaker 1>a big point while at a certain point or at

0:35:53.320 --> 0:35:55.520
<v Speaker 1>least putting his savings in there or at least interacting

0:35:55.560 --> 0:35:57.319
<v Speaker 1>with the technology. It's going to be as a part

0:35:57.360 --> 0:36:00.799
<v Speaker 1>of our lives as anything else. Yeah, So so real

0:36:00.880 --> 0:36:02.920
<v Speaker 1>quickly and in a short spurt, Like what's the best

0:36:02.960 --> 0:36:05.040
<v Speaker 1>way to get involved? Then? For the people that are

0:36:05.080 --> 0:36:06.960
<v Speaker 1>kind of on the fence here, well, I would say,

0:36:07.040 --> 0:36:10.080
<v Speaker 1>first thing is education. Um, you have to, in my opinion,

0:36:10.080 --> 0:36:11.560
<v Speaker 1>you got to put in at least a hundred hours

0:36:11.560 --> 0:36:14.120
<v Speaker 1>to be considered a new because it's such a deep

0:36:14.200 --> 0:36:18.080
<v Speaker 1>rabbit hole. It goes in history, politics, cryptography, math. I mean,

0:36:18.120 --> 0:36:20.160
<v Speaker 1>it's so much that goes into it. You can't understand

0:36:20.160 --> 0:36:22.919
<v Speaker 1>this industry unless you put the time in. So first

0:36:22.920 --> 0:36:24.279
<v Speaker 1>thing is you have to put in the work. The

0:36:24.320 --> 0:36:27.440
<v Speaker 1>second thing is meet network, go to conferences with people

0:36:27.640 --> 0:36:29.400
<v Speaker 1>who have the answers, because I know some people that

0:36:29.440 --> 0:36:31.440
<v Speaker 1>are you know, right on the cusp. I've seen it

0:36:31.480 --> 0:36:33.600
<v Speaker 1>a lot on my book tour. They had one question

0:36:33.760 --> 0:36:35.279
<v Speaker 1>and I answered it on the book tour and they

0:36:35.280 --> 0:36:37.280
<v Speaker 1>instantly bought Big Point after it. But they said nobody

0:36:37.280 --> 0:36:39.239
<v Speaker 1>else could answer it before. So go to meet ups.

0:36:39.560 --> 0:36:42.440
<v Speaker 1>You always usually meet somebody that has the answers that

0:36:42.480 --> 0:36:45.160
<v Speaker 1>you're looking for. So put in the work. Um, go

0:36:45.239 --> 0:36:47.399
<v Speaker 1>to meetups, meet people, and then lastly get some skin

0:36:47.440 --> 0:36:50.160
<v Speaker 1>in the game. Nothing makes you study study it more

0:36:50.160 --> 0:36:52.600
<v Speaker 1>on when your money is at stakes. That's what I've

0:36:52.600 --> 0:36:55.799
<v Speaker 1>always encouraged people don't just study it without entering the market. No, No,

0:36:55.880 --> 0:36:58.799
<v Speaker 1>by a little bit, see how it works. Uh, send

0:36:58.840 --> 0:37:01.240
<v Speaker 1>and received tw different wallets. That's how you get involved.

0:37:01.400 --> 0:37:03.399
<v Speaker 1>Cool man. When you're listening to the Mark Moas show,

0:37:03.440 --> 0:37:06.000
<v Speaker 1>we're talking about bitcoin and the decentralized revolution. I'm sitting

0:37:06.000 --> 0:37:08.080
<v Speaker 1>down with Isaiah. You can find him on Twitter at

0:37:08.120 --> 0:37:11.600
<v Speaker 1>bitcoin's a check out his number one bestseller book, Bitcoin

0:37:11.719 --> 0:37:14.960
<v Speaker 1>and Black America. And that's what I got for you today.

0:37:14.960 --> 0:37:15.840
<v Speaker 1>Thanks so much for listening.