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Speaker 1: So the big question is this, how do investors like

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Speaker 1: us get access to the ideas, information, and most importantly,

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Speaker 1: the right people that give us the tools of information

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Speaker 1: we need to make informed and educated decisions to have success.

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Speaker 1: That is the question, and this podcast will give us

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Speaker 1: the answers. This is Mark Moss, your host. Let's get

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Speaker 1: this started. Hello, and welcome to another episode of the

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Speaker 1: Market Disruptors podcast. Today we're gonna go over some of

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Speaker 1: the big news that's been happening over the last couple

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Speaker 1: of weeks, and I'm gonna answer the question that I've

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Speaker 1: been getting a lot. One of those has to do

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Speaker 1: with a lot of the regulations and a lot of

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Speaker 1: the talk that's been coming out of the top government

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Speaker 1: officials over the last couple of weeks. And just to

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Speaker 1: recap a little bit, I mean, we've gone in the

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Speaker 1: last ten years from having no such thing as cryptocurrencies

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Speaker 1: to having bitcoin in this you know magical internet money too,

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Speaker 1: then you know, being a joke being laughed at, to

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Speaker 1: then being called names, rat poison, fraud, scams, things like that,

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Speaker 1: to now having governments afraid right we have multiple countries

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Speaker 1: are still thinking about banning it and regulating it. We

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Speaker 1: have the President of the United States now tweeting about bitcoin.

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Speaker 1: We have the Secretary of the Treasury talking about bitcoin,

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Speaker 1: and it's come so far. We had the Secretary of

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Speaker 1: the Treasury Montion, he's talking about um bitcoin and you know,

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Speaker 1: they really want to run this narrative of it only

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Speaker 1: being used for illicit activities, which we know is false.

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Speaker 1: If if, if you don't know UM, it is false.

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Speaker 1: Bitcoin is an open ledger. That means all the transactions

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Speaker 1: are open for everyone to see. Now, it is somewhat anonymous. However,

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Speaker 1: for the most part, with modern technology that we have today,

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Speaker 1: with chain analysis and so forth, you can trace those

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Speaker 1: transactions back to find out who they belong to. So

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Speaker 1: it's not really private. And that's how people get busted,

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Speaker 1: like Ross Olbrich from Silk Out, who's serving double life

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Speaker 1: sentences for building a website. But that's a whole another topic.

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Speaker 1: But we have, you know, we have this a narrative

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Speaker 1: that they're trying to push that it's that it's only

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Speaker 1: used for a list of activities and and all it

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Speaker 1: does is help you know, terrorists and drug dealers and

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Speaker 1: things like that. And it was it was interesting that

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Speaker 1: he pushes that narrative even though most of its false.

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Speaker 1: And he was on with Joe Squawk from CNBC and

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Speaker 1: he said, well, as far as I know, the dollar

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Speaker 1: is the most used for that, and Moontion went on

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Speaker 1: to say that, no, it's not. The dollar has never

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Speaker 1: been used for nihilistid activity, which is just absolutely ridiculous.

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Speaker 1: We see billions and even probably trillions of dollars of

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Speaker 1: fines that the banks are paid for laundering money. We

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Speaker 1: know that dollars are still the main currency of choice

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Speaker 1: for any type of drug dealing or anything like that. UM,

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Speaker 1: So for him to come out and say such a

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Speaker 1: matter of factly, UM, it's just blatant lies. Right, It's

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Speaker 1: not even misinformation, it's just blatant lie. And it just

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Speaker 1: kind of shows UM, just kind of shows their true motives.

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Speaker 1: Right at the end of the day, it's about protecting

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Speaker 1: the US dollar, and so we know that the US

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Speaker 1: dollar is weak. I'm actually doing a two part video

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Speaker 1: series on YouTube right now talking about UM the history

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Speaker 1: of how the US dollar became the world reserve currency

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Speaker 1: and how it's failing right now, right before eyes. If

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Speaker 1: you understand the transition UM from the past when it

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Speaker 1: took over from Britain when the US took over from Britain,

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Speaker 1: and you understand how that process didn't happen overnight, but

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Speaker 1: over thirty years, and you understand the process that happened.

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Speaker 1: It actually sheds light onto what we're seeing right now today.

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Speaker 1: Then I'm not gonna go into all those things. If

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Speaker 1: you want more, go back to the go to go

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Speaker 1: to YouTube search Mark Moss and watch those two videos. However,

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Speaker 1: you know, we know that the US dollar is falling

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Speaker 1: in its reserve currency status. It's being challenged. It's been

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Speaker 1: challenged by China, Russia, and Iran since two thousand fifteen

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Speaker 1: with the oil um but now this year it's really

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Speaker 1: turned up with the you starting their Insects program, which

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Speaker 1: is basically a swift system. Now, the swift system is

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Speaker 1: how the US moves money and the world moves money

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Speaker 1: through the US financial system. And now with the EU

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Speaker 1: are allies Germany, France, etcetera, now partnering up with our

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Speaker 1: enemies Russia, China, Iran. The US is finding itself on

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Speaker 1: the outside. You know, you kick enough people out of

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Speaker 1: the party and eventually you're the only one there. And

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Speaker 1: that's kind of what we're seeing. And so you know,

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Speaker 1: the US is the US dollars really having this time,

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Speaker 1: this tough time, And that's why we see this talk

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Speaker 1: from Donald Trump, That's why we see this talk from Moonshin, etcetera.

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Speaker 1: They're really trying to protect the dollar. Now, what's because

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Speaker 1: of that? A lot of people are scared. A lot

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Speaker 1: of people in the United States are scared that. Um,

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Speaker 1: if they're really trying to protect the US dollar, will

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Speaker 1: they outlaw bitcoin? That's the question I've been getting and

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Speaker 1: asked a lot. Will they outlawed? What are the risks? Like?

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Speaker 1: What what can they do? Right? So there's a couple

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Speaker 1: of things that I want to say about that. First

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Speaker 1: of all, we know that bitcoin cannot be stopped, period.

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Speaker 1: That's it, right. It can't be stopped. So no one

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Speaker 1: can stop it. Nobody can shut it down, nobody can

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Speaker 1: block and prevent it. Um, nobody can see it, steal it, manipulated.

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Speaker 1: It can't be done, right, So we know that. However,

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Speaker 1: what can they do? Well, they could make it illegal

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Speaker 1: to own. They could definitely do that. They could say,

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Speaker 1: you know, if we catch you with it, it's life

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Speaker 1: in prison or something like that, or something even more drastic. Um.

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Speaker 1: So they could do something like that, but they can't

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Speaker 1: stop it. Now, a couple of things will say about

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Speaker 1: making it illegal. We'll say, first of all, you know,

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Speaker 1: there's lots of things that illegal. The War on drugs

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Speaker 1: is a great example, and they haven't done very good

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Speaker 1: with that. Right. Take take marijuana for example. Um, it's

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Speaker 1: been illegal for a long time. It's now starting to

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Speaker 1: become legal, but it's been illegal for a long time.

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Speaker 1: And now, think about marijuana. You have to grow a plant,

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Speaker 1: so you have to have land, and you have to

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Speaker 1: have lights, and you have to have like all these

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Speaker 1: things and room to grow this plant in the open.

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Speaker 1: And then you know it takes people to harvest it

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Speaker 1: and package it and transport and all these things, and

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Speaker 1: yet they can't stop it. They can't even keep it

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Speaker 1: out of prisons. Right. Think about bitcoin, it's digital. How

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Speaker 1: can they stop it. They can't even see it. Think

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Speaker 1: about how much easier that would be to transfer, right,

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Speaker 1: So they can make it illegal, That doesn't make it

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Speaker 1: go away. It definitely doesn't make it go away globally.

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Speaker 1: Maybe in the United States it might put a damper

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Speaker 1: in it. But I think if if people are told

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Speaker 1: they can't have it, it just shows the reason why

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Speaker 1: they need it that much more. The other thing is

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Speaker 1: that it's already being adopted in other countries. And so

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Speaker 1: you know, it's like the movie The Matrix, right, take

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Speaker 1: the red pillar, the blue pill. If you take the

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Speaker 1: red pill, you see the reality, but you can't go back.

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Speaker 1: And so the world has been red pilled. The world

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Speaker 1: has been red pill. We see, we see what bitcoin

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Speaker 1: can do, and it can't It can't go back, it

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Speaker 1: can't be unseen. And and if the United States decides

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Speaker 1: to shut it down, the rest of the countries will

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Speaker 1: jump ahead. And I'm going to talk about what other

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Speaker 1: countries are doing to jump ahead, but let's stay on

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Speaker 1: this topic for just a minute. Um. So I don't

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Speaker 1: see them making it illegal. I just don't see that happening.

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Speaker 1: Another reason why I don't see that happening is because

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Speaker 1: of the financial system. So you if you have to

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Speaker 1: understand how the way the political system works, and the

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Speaker 1: political system, unfortunately, is mostly bought right. So you have

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Speaker 1: big corporations lobbying the government to get their laws and

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Speaker 1: regulations passed the way they want them. So lobbying is

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Speaker 1: a really really big business, and being being in politics

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Speaker 1: is a really big business as well. Right, so you

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Speaker 1: have you have all these people lobbying and paying these

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Speaker 1: politicians to influence, um, the direction of these laws and regulations.

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Speaker 1: And who are the biggest donors. Who are the biggest lobbying, Well,

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Speaker 1: it's mostly Wall Street. It's mostly financial companies. Now I

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Speaker 1: know that bitcoin is really designed to get rid of them. However,

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Speaker 1: at this point, the financial industry has really embraced bitcoin.

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Speaker 1: So we have Goldman Sacks, which I would say is

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Speaker 1: at the top of the heap, top of the stack,

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Speaker 1: Goldman Sacks. If you work to Goldman Sacks, you probably

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Speaker 1: work in the government. If you work in the government,

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Speaker 1: you work in Golden Sacks. It goes back and forth. Um,

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Speaker 1: they're in cryptocurrencies, right, even directly and indirectly. They own

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Speaker 1: a company called Circle. Circle owns polonia x, which is

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Speaker 1: the one of the largest crypto exchanges in the US.

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Speaker 1: They own it. Right, So we have that. We have

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Speaker 1: t DM air Trade, we have Fidelity, we have e Trade,

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Speaker 1: we have the New York Stock Exchange. Um, we have

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Speaker 1: the CFTC. All of these companies have gotten into bitcoin products.

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Speaker 1: I would say that collectively they have spent billion at

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Speaker 1: least a billion or billions of dollars to get into

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Speaker 1: bitcoin products, trading desks, custody solutions, um except futures, etcetera, etcetera. Right, So,

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Speaker 1: these these companies have spent, you know, collectively a billion

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Speaker 1: dollars to get into these bitcoin products, and at the

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Speaker 1: same time they're the ones that are influencing policy in

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Speaker 1: the government. I just don't see that these companies spend

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Speaker 1: a billion dollars into a product or an asset that's

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Speaker 1: going away. I just don't see that happening. So, um,

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Speaker 1: those are a few reasons why I don't think it's

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Speaker 1: going to be um made illegal for US citizens. As

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Speaker 1: much as they want to do that, UM what I

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Speaker 1: would suspect they'll do, if anything, as we'll start to

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Speaker 1: slowly clamp down on it and regulate it and just

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Speaker 1: make it more and more difficult. But the problem is

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Speaker 1: it's the dangerous game because as the rest of the

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Speaker 1: world jumps ahead, then we could see the US falling

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Speaker 1: further and further behind. So we'll see how that plays out.

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Speaker 1: Now we know some of the other countries are already

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Speaker 1: jumping ahead. So we've seen headlines about Iran and bitcoin

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Speaker 1: mining in Iran. UM I've even seen headlines about Iran

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Speaker 1: sanctioning bitcoin mining. We've seen making headlines was Bulgaria. Bulgaria

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Speaker 1: somehow got into a seizure of of a bunch of bitcoin.

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Speaker 1: I think it was two two hundred thousand sees the

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Speaker 1: bitcoin that's worth about two billion dollars. So Bulgaria is

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Speaker 1: in on about two billion dollars worth of bitcoin. To

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Speaker 1: put this into perspective, Bulgaria owns a bunch of gold

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Speaker 1: as well, as you might imagine, as any sovereign nation would,

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Speaker 1: knowing about forty tons of gold, and it's worth about

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Speaker 1: one point seven billions. So they have bitcoin that's worth

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Speaker 1: more than gold. Imagine that now they've seized this. They

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Speaker 1: didn't necessarily buy it to add to their stockpile, but

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Speaker 1: they have it, and it's gonna be very interesting to

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Speaker 1: see what they do. I think, you know now over

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Speaker 1: the next year, so we'll start to see these countries

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Speaker 1: adding bitcoin to their strategic reserves. And at that point,

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Speaker 1: the game theory kicks in. Right at that point, it's

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Speaker 1: a race to see who can acquire the most. And

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Speaker 1: so that's really going to influence the United States and

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Speaker 1: what they're doing. And like I said, if these financial

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Speaker 1: institutions jumping in aren't enough. I mean it's already starting right.

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Speaker 1: So we have the highly anticipated BACKED. We've been waiting

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Speaker 1: for back to come online for quite some time and

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Speaker 1: Backed is is UH with the n y S, the

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Speaker 1: New York Stock Exchange, and they've been waiting approval for

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Speaker 1: a really really long time and supposedly they're now starting

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Speaker 1: their testing and so we're ready to get that product online.

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Speaker 1: And it is going to be a physically settled UM,

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Speaker 1: which if we have to have derivatives in the marketplace,

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Speaker 1: I prefer physically settled because at least you're not trading

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Speaker 1: with paper. At least it affects the supply and demand

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Speaker 1: of bitcoin because you actually have to purchase the bitcoin

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Speaker 1: to deliver it UM. So that's good news. We've been

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Speaker 1: waiting on BACK, and I think that's really going to

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Speaker 1: UM send the market higher. So we're gonna see what

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Speaker 1: happens with that. But you know, there's other companies that

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Speaker 1: have been moving faster. We have rs X and we

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Speaker 1: have ledger x UM they were able to secure CFTC

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Speaker 1: approvals for these physically settled contracts UM. You know, we

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Speaker 1: have some other ones as well. So the competition is

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Speaker 1: really heating up in that space, and I think it's

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Speaker 1: really gonna push bitcoin higher for the rest of the year.

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Speaker 1: So that's going to be interesting to see. UM. So

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Speaker 1: we kind of have two sides of it. We have

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Speaker 1: UM this crackdown that's coming right. We have the Trump

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Speaker 1: and and moonshin talking about it. We have UM you know,

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Speaker 1: we have a little bit more crazy representatives actually saying

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Speaker 1: they should ban it altogether, which I don't think it's

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Speaker 1: gonna happen. We have you know, the state of New

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Speaker 1: York trying to go after a bit for x um.

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Speaker 1: Now they're going after a bit next, which is a

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Speaker 1: derivative trading platform because they haven't done enough to keep

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Speaker 1: US people off of the exchanges. So we're seeing this crackdown.

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Speaker 1: But on the other side, we're seeing these financial institutions

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Speaker 1: really going full steam ahead. And I think at the

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Speaker 1: end of the day, they have more. They have they

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Speaker 1: have more say, they have all the lobbying, right, and

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Speaker 1: they're the ones that are really influencing the way this goes.

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Speaker 1: So we're gonna see, We're gonna sit back, we're gonna watch,

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Speaker 1: We're gonna report this. I'm gonna continue to bring on

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Speaker 1: um more people in the space, attorneys that can really

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Speaker 1: talk from a much higher level exactly what's going on.

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Speaker 1: But it's gonna be interesting either way. We're at a

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Speaker 1: very transitional time. I think when I think in the

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Speaker 1: future fifty or a hundred years from now, history books

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Speaker 1: will be written about this time period that we're in

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Speaker 1: right now. This time period right now is very transitional,

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Speaker 1: and I think history books are going to look back

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Speaker 1: at this time period and go, one, what the heck

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Speaker 1: were they thinking with these monetary policies, um and to um, Wow,

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Speaker 1: this is when that technology was born that really changed

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Speaker 1: the world. That's where we're at right now. That's the

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Speaker 1: transition that we're in right now. I'm just thankful and

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Speaker 1: and happy to be alive and involved in the space

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Speaker 1: right now, and hopefully you are too. So that's it.

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Speaker 1: That's what I got for the update for this week.

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Speaker 1: Hopefully that makes sense. Hopefully that's enough to catch you up.

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Speaker 1: Like I said, we'll bring on some more guests to

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Speaker 1: dive in deep on this stuff. If you haven't already,

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Speaker 1: please go give me some feedback, rate rate and review

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Speaker 1: the podcast. It really really helps out. Share it with

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Speaker 1: somebody that you think needs it, and that's it to

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Speaker 1: your success. I'm out. Hey. If you like this episode

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Speaker 1: of the Market Disruptors podcast, please help us take this

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Speaker 1: to the top of the podcast charts. Just please do

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Speaker 1: me a favor and rate, review and subscribe. Taking fifteen

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Speaker 1: seconds to just leave a quick review goes a long

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Speaker 1: way and helping us to more people and disrupt more markets.

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Speaker 1: I really appreciate you listening and I'll see you next

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Speaker 1: time on the Market Instructors podcast.