WEBVTT - The Mark Moss Show Nov 4, 2022

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<v Speaker 1>Hello, and welcome to another episode of the Mark Mos Show,

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<v Speaker 1>where we talk about, of course, each and every week,

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<v Speaker 1>the decentralized revolution as we look at the world through

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<v Speaker 1>the lens of politics, finance, and technology, and of course

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<v Speaker 1>that technology is bitcoin, the decentralized technology that is changing

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<v Speaker 1>the world. And of course I try to bring to

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<v Speaker 1>you some education to change the way you think, the

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<v Speaker 1>latest breaking news, and some interesting guests. You don't have

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<v Speaker 1>to listen to me all the time. And so I

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<v Speaker 1>am joined today by a good friend, Corey Clipston from

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<v Speaker 1>Swan Bitcoin. You can find him on Twitter at Corey

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<v Speaker 1>Clipston and also shout out to swan. Swan Bitcoin is

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<v Speaker 1>putting together the Pacific Bitcoin Conference coming up here in

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<v Speaker 1>Los Angeles in a couple of weeks. You can check

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<v Speaker 1>it out Pacific bitcoin dot com. I'm super excited about it.

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<v Speaker 1>Bring an event back to my backyard. I'm excited about

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<v Speaker 1>that and I'm happy to have you Corey. Thanks for

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<v Speaker 1>joining me today. Yeah, it's great to be here and

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<v Speaker 1>and obviously I share your enthusiasm for having a big

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<v Speaker 1>get together of bitcoiners here. It will be November tenth

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<v Speaker 1>and eleven at the Barker Hangar in Santa Monica. So yeah,

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<v Speaker 1>I cannot wait for that. Yeah, it's about time, you know,

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<v Speaker 1>we I know we talked about this before, but like

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<v Speaker 1>bitcoin was supposed to be in southern California and we

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<v Speaker 1>kinda uh we kind of lost we lost it and

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<v Speaker 1>maybe we can get it back a little bit. Yeah, yeah,

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<v Speaker 1>we have been talking about that, and I'm not willing

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<v Speaker 1>to see the territory and uh and I never left.

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<v Speaker 1>You're back. Uh we will do a pencer move from

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<v Speaker 1>me north of l A and you south of l A.

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<v Speaker 1>And we're gonna take over the whole metroplex. Yeah yeah, so, um,

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<v Speaker 1>you know some of the original cipher punks, it kind

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<v Speaker 1>of had this like southern California roots already. Yeah, this

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<v Speaker 1>is how finny territory. Yeah, howf any territory. Right, So,

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<v Speaker 1>like we kind of had the southern California roots. I

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<v Speaker 1>think if it wasn't for that stupid pandemic. Uh, we

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<v Speaker 1>would we would have had we would have had it here,

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<v Speaker 1>you know. But anyway, bring it back, and I'm happy

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<v Speaker 1>for it. So everyone checked that out. Pacific Bitcoin dot com.

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<v Speaker 1>You have the tickets. I'm gonna be speaking there. Of course,

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<v Speaker 1>Corey will be there. We got Michael Sailor, the Mega

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<v Speaker 1>Chad Coming gig a Chad, Alex Epstein, Len Alden, and

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<v Speaker 1>Jeff Booth, Robert Breed, Love Preston Pitch, Greg Foss. It's

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<v Speaker 1>gonna be awesome. But let's uh, you know, I know,

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<v Speaker 1>you've been talking about a pretty interesting and um super

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<v Speaker 1>timely and relevant topic, and um, you're kind of framing

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<v Speaker 1>it up as the race to avoid war, which I mean,

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<v Speaker 1>you gotta be careful, Corey, because you can get canceled

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<v Speaker 1>for saying things like that. Right, I mean, look what

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<v Speaker 1>they tried to do with Elon Right, he said that

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<v Speaker 1>we should have peace. I mean, how dare how dare

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<v Speaker 1>someone recommend peace? Um? I saw today two things. One

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<v Speaker 1>Obama now is saying that we should have peace, and

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<v Speaker 1>two I saw that they called on the Pope to

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<v Speaker 1>see if they can get Biden and Puttin to sit

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<v Speaker 1>down together. And I was like, isn't this between Puttin

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<v Speaker 1>and Zelinski while he was Puttin and Biden if it

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<v Speaker 1>down together? Anyway, interesting tidbits, But anyway, you're calling for

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<v Speaker 1>the race to avoid war? Uh? Frame that up for us? Yeah,

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<v Speaker 1>I mean this is specifically in the context of bitcoin.

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<v Speaker 1>So it's it's not sort of the kinetic war that

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<v Speaker 1>we think of may turn that way someday. I hope

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<v Speaker 1>it never does. But basically what it is is the

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<v Speaker 1>only threat to sort of fast speedy adoption of bitcoin

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<v Speaker 1>and bringing forward this you know, this future that we

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<v Speaker 1>all envisioned with higher productivity, less economic friction, more freedom,

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<v Speaker 1>more prosperity for eight billion people on Earth that we

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<v Speaker 1>think that bitcoin as global money will bring about. The

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<v Speaker 1>only entity that can coordinate any sort of major delay

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<v Speaker 1>to that is the US government, working in consort probably

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<v Speaker 1>with banks obviously allies around the world that sort of

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<v Speaker 1>rely on the Western system that's underpinned by the exorbitant

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<v Speaker 1>privilege of of a treasury and dollar back system. UH

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<v Speaker 1>and probably a cabal of all coiners sort of running

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<v Speaker 1>their grift and attempting regulatory capture and trying to insidiously

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<v Speaker 1>creep into banks and governments and affect regulations and do

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<v Speaker 1>things that are contrabict coins. So that's kind of the

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<v Speaker 1>three parties that uh, I think that I think today

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<v Speaker 1>that they might have the most to lose from a

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<v Speaker 1>a bitcoin bitcoin I is hyper bitcoinization type future. And

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<v Speaker 1>so the three, the three, the three were the government.

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<v Speaker 1>The federals are of government crypto grafters and banks and banks. Yeah,

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<v Speaker 1>so that that's sort of the the access of evil

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<v Speaker 1>in bitcoin terms. Yeah, but they're not all They're not

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<v Speaker 1>evil people. They just don't understand. I actually firmly believe

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<v Speaker 1>that most of these people just don't understand uh what

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<v Speaker 1>they are doing when they delay bitcoin adoption. So you're

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<v Speaker 1>not going to be able to stop bitcoin from winning.

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<v Speaker 1>It will win. The question is whether it wins handily

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<v Speaker 1>and early and we're living in you know, thirteen years

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<v Speaker 1>from now with bitcoin as a widely used store value,

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<v Speaker 1>medium of exchange and unit of account and it's full

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<v Speaker 1>global money, or do we have to go dark and

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<v Speaker 1>there's wars on bitcoiners and boots on neck for anybody

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<v Speaker 1>that has a k y C stack and you know,

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<v Speaker 1>all this sort of like hiding around the world and

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<v Speaker 1>everybody using thems and we have to like fight it

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<v Speaker 1>out for a century and you have to wait until

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<v Speaker 1>the or something like that for bitcoin to dominate. Um.

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<v Speaker 1>And so I, you know, being of a certain age

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<v Speaker 1>and wanting to enjoy as much of a bitcoin ized future,

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<v Speaker 1>like selfishly I want that, But then also I think

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<v Speaker 1>there is as outlined by Andrea Santinopolis probably seven eight

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<v Speaker 1>years ago, like, if you can, if bitcoin ization can

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<v Speaker 1>stave off one episode of hyperinflation anywhere in the world,

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<v Speaker 1>then we all kind of have a moral imperative to

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<v Speaker 1>try to make it happen as fast as possible. So

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<v Speaker 1>while I do empathize with people who say, you know,

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<v Speaker 1>I don't mind it to aching a long time, I

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<v Speaker 1>like cheap SATs and I want to build a fatter

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<v Speaker 1>stack for myself, you know, I personally have made the

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<v Speaker 1>judgment that I think there's, you know, a moral case

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<v Speaker 1>for trying to make it happen as fast as possible,

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<v Speaker 1>and that means winning this race for adoption before the

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<v Speaker 1>triumvirate can declare war on bitcoin and bitcoinners, because if

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<v Speaker 1>you make it, if you get to that point where

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<v Speaker 1>we have an in transigent minority, in particular in the

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<v Speaker 1>USA of call it ten million bitcoiners, that's three or

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<v Speaker 1>four percent that's kind of required to on a single

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<v Speaker 1>issue that you have people that just won't budge on

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<v Speaker 1>that issue that will kind of flip society. That's generally

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<v Speaker 1>the threshold you need to hit. So if we win

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<v Speaker 1>that adoption race, then we will never have to fight

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<v Speaker 1>the war because it will just look too preposterous to

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<v Speaker 1>try to wage it. I remember when you when when

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<v Speaker 1>you first started SWAN, and I remember you saying that

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<v Speaker 1>was the kind of the goal of the target. So

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<v Speaker 1>you've been kind of pretty focused on that from the beginning.

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<v Speaker 1>In regards to that, I would say a couple of things.

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<v Speaker 1>So One, it seems like, you know, with Biden's executive

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<v Speaker 1>orders that he put through, maybe that already kind of

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<v Speaker 1>sped up or declared the war potentially. Uh, well's let's

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<v Speaker 1>talk about let's talk about that first. So I mean,

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<v Speaker 1>through these Biden in thiccative orders, right, they needed to

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<v Speaker 1>do all this research into you know, digital assets and

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<v Speaker 1>sterms of make digital currencies. Do you think that was

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<v Speaker 1>an escalation or you know, speed up the timetable to

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<v Speaker 1>that potential war. Yeah. So that's that's something that I

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<v Speaker 1>would put in the column of this this delays bitcoin

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<v Speaker 1>adoption and speeds up the potential for some kind of

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<v Speaker 1>coordinated effort contra bitcoin. So that that's generally how I

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<v Speaker 1>like everything is in one category or the other at

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<v Speaker 1>this point. It's like if you are in Rason Horowitz

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<v Speaker 1>and you start a new fund and you hire some

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<v Speaker 1>regulators as regulators as gps to get around the lobbying alls,

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<v Speaker 1>so they can just spend all their time trying to

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<v Speaker 1>rest regulation over crypto securities from the SEC and and

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<v Speaker 1>basically do regulatory capture of the CFTC by offering them

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<v Speaker 1>tons of money so they will regulate you in a

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<v Speaker 1>friendly fashion. Like that's something that's working contrabitcoin. If you

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<v Speaker 1>are you know, Ripple and Consensus and you know Vitalic

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<v Speaker 1>and Sam Bank and Freed and all these guys. Brian Armstrong,

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<v Speaker 1>Freed are some all these guys you know, pumping out

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<v Speaker 1>these E s G narratives and and trying to pretend

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<v Speaker 1>that proof of steak is innovative in some way. And

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<v Speaker 1>you know, Ripple funding Greenpeace to do anti bitcoin proof

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<v Speaker 1>of work campaigns, like you're working contrabitcoin. I'm not going

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<v Speaker 1>to tell some dude that I'm playing basketball with who

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<v Speaker 1>happens to be into crypto or blockchain or whatever that

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<v Speaker 1>he's an enemy of human freedom because he's not really

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<v Speaker 1>understanding it the way that we might. But uh, yeah,

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<v Speaker 1>you know, yeah, well um yeah, you're listening to them

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<v Speaker 1>Arkwall Show. I'm sitting down with Corey Clipston. You can

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<v Speaker 1>find them on Twitter at Corey Clipston from Swan Bitcoin.

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<v Speaker 1>We're talking about the race to avoid war. Got a

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<v Speaker 1>lot more to dig into when we get back from

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<v Speaker 1>break in just a minute, talking about the race to

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<v Speaker 1>bitcoin adoption and can we get the adoption before the

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<v Speaker 1>war breaks out. We'll be back with that and more

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<v Speaker 1>in a minute. You don't want to miss it. We'll

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<v Speaker 1>be right back. All right, Welcome back. You are listening

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<v Speaker 1>to the Mark Mos Show. We're talking about the decentralized Revolution.

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<v Speaker 1>How the world is changing right before very eyes, as

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<v Speaker 1>we swing back from centralization to decentralization, and we look

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<v Speaker 1>at through the lens of politics, finance, and technology, which

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<v Speaker 1>of course the technology is bitcoin. And I'm joined in

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<v Speaker 1>the studio today with Corey Clipston. He is from Swan Bitcoin.

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<v Speaker 1>You can check him out on Twitter at Corey Clipston

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<v Speaker 1>and also check out Swan Bitcoins event coming up here

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<v Speaker 1>in two weeks in southern California. Check it out a

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<v Speaker 1>Pacific Bitcoin dot Com alb speaking there with a whole

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<v Speaker 1>bunch of other heavyweights, Michael Sailor, Alex Alex Epstein, Lynn Alden,

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<v Speaker 1>Jeff Booth, Robert Breed, Preston Pitsch and more. But anyway, Corey,

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<v Speaker 1>we were talking about this, uh, the race to avoid war,

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<v Speaker 1>which you were framing up the inevitable war that it's

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<v Speaker 1>really it's the it's probably the number one objection that

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<v Speaker 1>no coiners would have to bitcoin, but the government's going

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<v Speaker 1>to make it illegal, right, And it's that inevitable showdown

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<v Speaker 1>which everybody kind of knows that the central bankers, the

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<v Speaker 1>powers that be will never want to give up control

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<v Speaker 1>over the money, and so there was always gonna be

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<v Speaker 1>this like inevitable showdown that's coming, right. I think that's

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<v Speaker 1>kind of this war. Um. But back to this war,

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<v Speaker 1>is it speeding up? Um? So we were talking about

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<v Speaker 1>before the break this the Biden executive orders where you know,

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<v Speaker 1>you gave a hundred eight days to do all this

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<v Speaker 1>research and kind of bring this stuff back, which they've done. Um.

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<v Speaker 1>And it seems to be picking up the timetables on

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<v Speaker 1>the c B, DCS as well. And you know, we

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<v Speaker 1>see obviously the rhetoric happening from the E c B

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<v Speaker 1>and the I m F and all these other regulatory bodies.

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<v Speaker 1>But then on the other side, so you said, um,

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<v Speaker 1>if we can get to ten million users needed, that's

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<v Speaker 1>kind of like this base number. Um, I thought the

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<v Speaker 1>numbers were more like there was twenty five million Americans

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<v Speaker 1>that were already been Yeah, so it's specifically it's bitcoiners

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<v Speaker 1>and a bitcoin or the way I think about it

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<v Speaker 1>is someone who has a decent chunk of their net

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<v Speaker 1>worth in bitcoin and actually has pretty good understanding of

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<v Speaker 1>bitcoin and actually gives a or cares about it. I

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<v Speaker 1>should say, Um, you know, so that's that's a much

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<v Speaker 1>much smaller number. I'd probably peg that at maybe one

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<v Speaker 1>two hundred thousand people in the USA today. Um, And

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<v Speaker 1>that's probably I think that's probably about right in that range. Um,

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<v Speaker 1>because you need people that are, you know, going to

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<v Speaker 1>make life a little bit difficult for a politician that

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<v Speaker 1>comes out contra bitcoin, which we saw play out in

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<v Speaker 1>the primaries in the congressional race out here in so

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<v Speaker 1>Cow with Brad Sherman, who's kind of the most vociferous

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<v Speaker 1>anti bitcoin guy in Congress the last few years, and

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<v Speaker 1>a prime a challenger came up who was willing to

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<v Speaker 1>learn about bitcoin and willing to talk about it and

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<v Speaker 1>make it an important issue in her campaign. And even

0:12:06.520 --> 0:12:10.200
<v Speaker 1>though she didn't win, he seems pretty obvious he hasn't

0:12:10.200 --> 0:12:12.720
<v Speaker 1>set a peep about bitcoin in a year. It seems

0:12:12.720 --> 0:12:14.520
<v Speaker 1>pretty obvious he got the message that a lot of

0:12:14.520 --> 0:12:16.720
<v Speaker 1>people will come in and make life difficult for him

0:12:16.840 --> 0:12:20.880
<v Speaker 1>and and create challengers for him and fund his opposition

0:12:21.200 --> 0:12:23.640
<v Speaker 1>if he goes at bitcoin. So that's the type of

0:12:23.640 --> 0:12:26.520
<v Speaker 1>thing that you need kind of nationwide at every level.

0:12:27.000 --> 0:12:29.719
<v Speaker 1>Is these ten million bitcoiners that are willing to organize

0:12:29.840 --> 0:12:34.280
<v Speaker 1>around bitcoin, be pro bitcoin and be uh, you know,

0:12:34.360 --> 0:12:38.000
<v Speaker 1>make life difficult for people that are anti bitcoin. Yeah. Yeah,

0:12:38.000 --> 0:12:39.760
<v Speaker 1>and we're definitely getting there. I mean to your point

0:12:39.760 --> 0:12:42.760
<v Speaker 1>that Brad Sherman race was a perfect example of that. UM.

0:12:42.840 --> 0:12:45.560
<v Speaker 1>I also remember, you know, just recently when they tried

0:12:45.600 --> 0:12:49.800
<v Speaker 1>to change UM some of these rules about the protocols

0:12:49.840 --> 0:12:52.839
<v Speaker 1>and what's crypto broker things like that, and they opened

0:12:52.880 --> 0:12:56.760
<v Speaker 1>up for comments UM and then they had so many comments.

0:12:56.760 --> 0:12:58.839
<v Speaker 1>I saw, you know, coin Center and so so forth

0:12:58.920 --> 0:13:01.040
<v Speaker 1>put out a data. Let's say that they had no

0:13:01.120 --> 0:13:02.600
<v Speaker 1>idea that they were going to get this type of

0:13:02.600 --> 0:13:06.079
<v Speaker 1>a response and that they were overwhelmed, which you know,

0:13:06.120 --> 0:13:08.199
<v Speaker 1>whatever crypto people or whatever. I don't know what the

0:13:08.200 --> 0:13:10.600
<v Speaker 1>difference of bitcoin or crypto was, but they're just overwhelmed

0:13:10.600 --> 0:13:12.720
<v Speaker 1>by the amount of people that came out in support

0:13:12.760 --> 0:13:14.679
<v Speaker 1>of that, and I think they are taken back by that,

0:13:15.320 --> 0:13:17.400
<v Speaker 1>and it seems like we're starting to see more and

0:13:17.440 --> 0:13:21.520
<v Speaker 1>more politicians kind of running on this. I don't I

0:13:21.559 --> 0:13:23.320
<v Speaker 1>don't know, I haven't haven't figured out how to divide

0:13:23.320 --> 0:13:25.320
<v Speaker 1>the bitcoin and crypto, but running on this pro bitcoin

0:13:25.440 --> 0:13:28.400
<v Speaker 1>or pro crypto, pro freedom money kind of movement. So

0:13:29.360 --> 0:13:31.439
<v Speaker 1>I can help you very quickly with that one. I mean,

0:13:31.480 --> 0:13:37.360
<v Speaker 1>the coordinated response to try to protect the crypto grift machine,

0:13:37.600 --> 0:13:40.560
<v Speaker 1>that is, everything in the crypto space that's not Bitcoin,

0:13:41.160 --> 0:13:44.000
<v Speaker 1>was basically because they have a ton of funding from

0:13:44.040 --> 0:13:48.000
<v Speaker 1>all these crypto vcs that have been you know, dumping

0:13:48.320 --> 0:13:51.400
<v Speaker 1>these these pump and dumps on retail and clipping the

0:13:51.440 --> 0:13:53.679
<v Speaker 1>coupon on that making a lot of money on that. Um.

0:13:53.720 --> 0:13:55.400
<v Speaker 1>So they have plenty of money to go and try

0:13:55.440 --> 0:13:57.760
<v Speaker 1>to argue their case, which is why they have you know,

0:13:57.840 --> 0:14:01.520
<v Speaker 1>Sam Bankman Freed has six million dollars spent on campaigns

0:14:01.520 --> 0:14:03.839
<v Speaker 1>in the last cycle, and you know, these guys are

0:14:03.840 --> 0:14:07.200
<v Speaker 1>trying to lobby to again get the CFTC to regulate

0:14:07.240 --> 0:14:10.080
<v Speaker 1>crypto instead of the sec things like that. So they

0:14:10.120 --> 0:14:12.080
<v Speaker 1>have plenty of money to argue for crypto. There's very

0:14:12.160 --> 0:14:14.840
<v Speaker 1>little money to argue for bitcoin. And I think that

0:14:14.960 --> 0:14:17.719
<v Speaker 1>was what we learned in when the infrastructure bill came

0:14:17.760 --> 0:14:20.320
<v Speaker 1>out and had some of this stuff in there, and

0:14:20.400 --> 0:14:23.200
<v Speaker 1>all of the crypto advocates and the blockchain groups and

0:14:23.240 --> 0:14:26.280
<v Speaker 1>the crypto coin center types were perfectly willing to throw

0:14:26.280 --> 0:14:29.200
<v Speaker 1>a Bitcoin under the bus and say that say things

0:14:29.240 --> 0:14:31.080
<v Speaker 1>like running a lightning note is the same as being

0:14:31.080 --> 0:14:33.760
<v Speaker 1>an ethereum staker, and all the sort of false narratives,

0:14:34.320 --> 0:14:36.320
<v Speaker 1>uh to serve their own ends and keep their grift

0:14:36.360 --> 0:14:39.520
<v Speaker 1>going as long as possible. Yeah, and and that's a

0:14:39.560 --> 0:14:41.760
<v Speaker 1>big problem. And we saw I mean recently, you know

0:14:41.760 --> 0:14:44.960
<v Speaker 1>with what SPF Sam BigMan Freeze come out with UM,

0:14:45.000 --> 0:14:48.400
<v Speaker 1>you know, basically kind of lane lane Bitcoin down at

0:14:48.400 --> 0:14:50.920
<v Speaker 1>the altar, so to speak, right like hey, fine, like

0:14:51.160 --> 0:14:53.400
<v Speaker 1>get rid of the pow, like we'll comply with the

0:14:53.560 --> 0:14:55.920
<v Speaker 1>with the green climate energy, you know, like let us

0:14:55.960 --> 0:14:57.520
<v Speaker 1>keep this little kind of piece over here as long

0:14:57.560 --> 0:14:59.560
<v Speaker 1>as we can kind of control it. UM. So we

0:14:59.600 --> 0:15:02.960
<v Speaker 1>see that. But then also you know, so so there

0:15:03.040 --> 0:15:04.760
<v Speaker 1>was a big pushback not just in money spent, but

0:15:04.880 --> 0:15:07.960
<v Speaker 1>in the amount of people that that that said that UM.

0:15:08.000 --> 0:15:12.880
<v Speaker 1>And then also I mean it looks like there's maybe

0:15:12.920 --> 0:15:15.280
<v Speaker 1>at least a dozen, if not maybe a couple of

0:15:15.320 --> 0:15:19.920
<v Speaker 1>dozen of pretty high ranking politicians. Um, we saw, but

0:15:20.040 --> 0:15:22.760
<v Speaker 1>Patrick McHenry was like the head of the Republican head

0:15:22.800 --> 0:15:26.040
<v Speaker 1>of the Financial Refutory Committee. I mean he specifically said

0:15:26.080 --> 0:15:29.320
<v Speaker 1>no bitcoin and it can't be stopped, etcetera. Um, Cynthia

0:15:29.400 --> 0:15:31.640
<v Speaker 1>Loomis name a couple. But I know what, Davidson, Yeah,

0:15:31.640 --> 0:15:34.080
<v Speaker 1>I mean there's there's a handful that actually get bitcoin

0:15:34.440 --> 0:15:38.840
<v Speaker 1>and are saying things the right way. There's unfortunately, more

0:15:38.880 --> 0:15:41.120
<v Speaker 1>than half of them are really just trying to get

0:15:41.480 --> 0:15:46.040
<v Speaker 1>campaign donations from cryptographs. So they say pro crypto blockchain

0:15:46.080 --> 0:15:48.440
<v Speaker 1>things and talk about innovation that they don't understand because

0:15:48.440 --> 0:15:51.080
<v Speaker 1>there isn't any and they're essentially just trying to get

0:15:51.080 --> 0:15:53.040
<v Speaker 1>the money to flow into their district or their state

0:15:53.120 --> 0:15:55.600
<v Speaker 1>or whatever. Um. So yeah, this is there's a big

0:15:55.640 --> 0:15:57.840
<v Speaker 1>dichotomy there. There's some people that understand that this is

0:15:57.880 --> 0:15:59.880
<v Speaker 1>freedom money and this is the best thing for America

0:16:00.080 --> 0:16:03.000
<v Speaker 1>for the world is to switch to a bitcoin standard

0:16:03.040 --> 0:16:04.920
<v Speaker 1>over time, and then there's a bunch of people that

0:16:04.920 --> 0:16:06.960
<v Speaker 1>are just looking for the quick buck and you know,

0:16:07.080 --> 0:16:10.160
<v Speaker 1>kind of the politics version of the Matt Damon Super

0:16:10.160 --> 0:16:13.760
<v Speaker 1>Bowl ad for uh, you know, a scam website. Yeah,

0:16:14.040 --> 0:16:16.320
<v Speaker 1>and that's a problem, right, especially for people that aren't

0:16:16.320 --> 0:16:18.840
<v Speaker 1>super educated where they they want to be this like

0:16:18.920 --> 0:16:20.960
<v Speaker 1>single issue voter. And so then you get in a

0:16:21.000 --> 0:16:23.960
<v Speaker 1>situation like in New York right where uh, someone runs

0:16:24.000 --> 0:16:25.400
<v Speaker 1>on a pro bitcoin platform and then they want to

0:16:25.440 --> 0:16:28.280
<v Speaker 1>ban bitcoin mining and it's like wait a minute, like

0:16:28.520 --> 0:16:33.240
<v Speaker 1>and so kind of trying to figure that out, but um, yeah,

0:16:33.520 --> 0:16:36.320
<v Speaker 1>it is growing it It's sort of seems to me,

0:16:36.800 --> 0:16:38.560
<v Speaker 1>Well then what about what about the bank? So you

0:16:38.840 --> 0:16:40.600
<v Speaker 1>kind of framed up the war against the banks that

0:16:40.640 --> 0:16:44.160
<v Speaker 1>was one of your three factions. But if you look at, um,

0:16:44.200 --> 0:16:47.280
<v Speaker 1>you know a lot of the big financial institutions, Fidelity

0:16:47.280 --> 0:16:49.440
<v Speaker 1>comes to top of mind, but you know, even Goldman, Sacks,

0:16:49.400 --> 0:16:51.680
<v Speaker 1>et cetera, a lot of them have spent I would

0:16:51.840 --> 0:16:54.080
<v Speaker 1>estimate hundreds of millions of not billions of dollars to

0:16:54.120 --> 0:16:56.880
<v Speaker 1>bring bitcoin services, right. They want to they want to

0:16:56.920 --> 0:16:59.800
<v Speaker 1>tap into it greedily, right, Um, And so they want

0:16:59.840 --> 0:17:01.920
<v Speaker 1>to to offer bitcoin services because there's money to be

0:17:01.960 --> 0:17:05.480
<v Speaker 1>made there. Um. Do they want to just let the

0:17:05.520 --> 0:17:08.960
<v Speaker 1>government just take that away from them? With baby fighting

0:17:09.000 --> 0:17:12.200
<v Speaker 1>for that? Listen, it's multi variat. There's so many things

0:17:12.240 --> 0:17:14.439
<v Speaker 1>going on. The banks want to play a role in

0:17:14.480 --> 0:17:19.320
<v Speaker 1>CBDC stuff. They wanna participate alongside Amazon and Google and

0:17:19.359 --> 0:17:22.479
<v Speaker 1>all the venture firms in squeezing as much profit as

0:17:22.480 --> 0:17:25.359
<v Speaker 1>they possibly can out of this, you know, crypto scam,

0:17:25.400 --> 0:17:30.960
<v Speaker 1>bubble um, crypto, blockchain, magic, whatever um. And at the

0:17:31.000 --> 0:17:33.760
<v Speaker 1>same time, obviously there are revenue streams associated with bitcoin

0:17:33.800 --> 0:17:37.439
<v Speaker 1>as an asset and and increasingly, you know, especially the

0:17:37.440 --> 0:17:40.800
<v Speaker 1>back half of this decade, I think bitcoin as payment rails.

0:17:41.040 --> 0:17:45.400
<v Speaker 1>So there's a fight between firms and inside of firms,

0:17:45.440 --> 0:17:48.960
<v Speaker 1>you know that bitcoin versus crypto versus the legacy system.

0:17:49.280 --> 0:17:54.359
<v Speaker 1>Uh continues unabated. Yeah, you're listening to the Mark Moa Show.

0:17:54.359 --> 0:17:57.480
<v Speaker 1>We're I'm sitting down with Corey Clipston from Swan Bitcoin.

0:17:57.560 --> 0:18:00.640
<v Speaker 1>We're talking about the race to avoid war, framing up

0:18:00.640 --> 0:18:02.280
<v Speaker 1>what the war is, and I want to get into

0:18:02.280 --> 0:18:04.080
<v Speaker 1>when we come back, what we're going to do to

0:18:04.119 --> 0:18:06.440
<v Speaker 1>help advance that. We're back in a minute. Don't go away,

0:18:06.760 --> 0:18:08.560
<v Speaker 1>all right, welcome back. You are listening to the Mark

0:18:08.640 --> 0:18:12.240
<v Speaker 1>Moa Show talking about the decentralized Revolution, and we're talking

0:18:12.280 --> 0:18:15.280
<v Speaker 1>about bitcoin and the race to avoid war. I'm sitting

0:18:15.280 --> 0:18:19.120
<v Speaker 1>down with Corey Clipston um from swan Bitcoin. Check them out.

0:18:19.119 --> 0:18:22.359
<v Speaker 1>They are a bitcoin company helping people get bitcoin very easy.

0:18:22.400 --> 0:18:24.399
<v Speaker 1>I love how you can buy bitcoin on swan Bitcoin

0:18:24.440 --> 0:18:27.560
<v Speaker 1>and have a delivered directly to your cold storage. That

0:18:27.640 --> 0:18:29.480
<v Speaker 1>limits the risk out of that. So check that out.

0:18:29.880 --> 0:18:34.160
<v Speaker 1>And the upcoming Pacific Bitcoin Conference happening in my backyard

0:18:34.160 --> 0:18:36.639
<v Speaker 1>here in southern California and two weeks check that out

0:18:36.640 --> 0:18:40.040
<v Speaker 1>Pacific Bitcoin dot Com. Now Corey um so so framing

0:18:40.080 --> 0:18:43.119
<v Speaker 1>up this war, we talked about the factions. Um, the

0:18:43.160 --> 0:18:46.520
<v Speaker 1>war is escalating because of what the Biden administration executive

0:18:46.600 --> 0:18:50.600
<v Speaker 1>orders have done, etcetera. We also have um, the banks

0:18:50.680 --> 0:18:52.800
<v Speaker 1>and politicians. Some are kind of in it for their

0:18:52.800 --> 0:18:55.760
<v Speaker 1>own greedy reasons. Some are, you know, kind of there.

0:18:56.400 --> 0:18:58.520
<v Speaker 1>The one thing that I think we kind of also

0:18:58.600 --> 0:19:01.840
<v Speaker 1>have going on on the bitcoin side is that, you know,

0:19:01.880 --> 0:19:03.760
<v Speaker 1>when the government, when the Biden administration comes out and

0:19:03.760 --> 0:19:07.199
<v Speaker 1>starts talking about clamping down on guns, gun cells go

0:19:07.280 --> 0:19:12.680
<v Speaker 1>through the roof, and it seems like the governments are

0:19:12.720 --> 0:19:15.919
<v Speaker 1>almost doing bitcoin marketing in a sense where like you

0:19:15.960 --> 0:19:18.320
<v Speaker 1>have the Trucker protest right and like they start seizing

0:19:18.359 --> 0:19:20.639
<v Speaker 1>people's money and all of a sudden, people are like, oh, shoot,

0:19:20.640 --> 0:19:22.760
<v Speaker 1>that money in the bank isn't safe. Maybe I should

0:19:23.200 --> 0:19:24.919
<v Speaker 1>think about bitcoin. And so all of a sudden, bitcoin

0:19:25.000 --> 0:19:27.720
<v Speaker 1>kind of came to the forefront of people's minds, and

0:19:27.760 --> 0:19:30.159
<v Speaker 1>it seems like, um, you know, like people would say, well,

0:19:30.200 --> 0:19:31.919
<v Speaker 1>they'll just make it illegal, and I'm like, well, like

0:19:31.960 --> 0:19:35.000
<v Speaker 1>the war on drugs, Uh, since ninety one, since the

0:19:35.240 --> 0:19:37.879
<v Speaker 1>da was formed, drugs have only gotten bigger and bigger.

0:19:38.320 --> 0:19:39.960
<v Speaker 1>And when the government tells you not to do drugs,

0:19:39.960 --> 0:19:42.359
<v Speaker 1>it doesn't make me want to do them. But if

0:19:42.359 --> 0:19:43.840
<v Speaker 1>the government tells me I don't have the right to

0:19:43.920 --> 0:19:46.119
<v Speaker 1>keep my wealth in a way they can't steal or

0:19:46.160 --> 0:19:48.919
<v Speaker 1>manipulate from me, it sort of makes me want to

0:19:49.000 --> 0:19:53.400
<v Speaker 1>do that. Do you think that maybe the more they

0:19:53.520 --> 0:19:57.480
<v Speaker 1>try to crack down and shove a cbc D down

0:19:57.480 --> 0:20:00.720
<v Speaker 1>our throats, maybe that actually highlights and pushes the need

0:20:00.800 --> 0:20:02.520
<v Speaker 1>for a bitcoin. I mean, I know you need it,

0:20:02.560 --> 0:20:05.520
<v Speaker 1>needs I know you believe it pushes the need more it. Yeah,

0:20:05.560 --> 0:20:11.040
<v Speaker 1>I think CBDCs, if they roll out in any major economy,

0:20:11.200 --> 0:20:14.840
<v Speaker 1>will ring the alarm bell. So I think what you'll

0:20:14.840 --> 0:20:19.960
<v Speaker 1>see is, let's say, if CBDC rolls out in central

0:20:19.960 --> 0:20:23.680
<v Speaker 1>bank digital currency, where the literally the central bank controls

0:20:23.720 --> 0:20:26.399
<v Speaker 1>the whole damn thing, and there's no banks in between,

0:20:26.440 --> 0:20:28.160
<v Speaker 1>and they can just like put money in your wallet

0:20:28.240 --> 0:20:30.879
<v Speaker 1>or take it away or create rules like you know,

0:20:30.960 --> 0:20:32.520
<v Speaker 1>you can use it on yogurt but not on ice

0:20:32.560 --> 0:20:35.160
<v Speaker 1>cream things like that. Um. So if that rolls out

0:20:35.160 --> 0:20:38.159
<v Speaker 1>in some in an economy like the UK, and Americans

0:20:38.160 --> 0:20:40.959
<v Speaker 1>are looking across the drink at something like that, I

0:20:40.960 --> 0:20:44.560
<v Speaker 1>think you would basically see all the conservatives and constitutionalists

0:20:44.600 --> 0:20:48.840
<v Speaker 1>and libertarians just go absolutely nuts and and get orange

0:20:48.880 --> 0:20:50.720
<v Speaker 1>pilled very very quickly, kind of the way all the

0:20:50.760 --> 0:20:55.520
<v Speaker 1>macro people found a bitcoin in UH after the COVID crash.

0:20:55.640 --> 0:20:57.240
<v Speaker 1>I think that would be that same kind of thing.

0:20:57.359 --> 0:21:02.040
<v Speaker 1>If you actually started to see a a really nasty,

0:21:02.359 --> 0:21:05.679
<v Speaker 1>you know, CCP style CBDC roll out in a Western nation,

0:21:06.480 --> 0:21:09.000
<v Speaker 1>especially in economy of some size, I think that would

0:21:09.000 --> 0:21:11.600
<v Speaker 1>be the wake up call to the UH the you know,

0:21:11.680 --> 0:21:16.080
<v Speaker 1>sort of freedom minded organizations and and swass of the

0:21:16.080 --> 0:21:20.440
<v Speaker 1>political spectrum in the USA. Yeah. Yeah, and so we're

0:21:20.440 --> 0:21:22.720
<v Speaker 1>definitely going to see that. I saw I was talking

0:21:22.720 --> 0:21:26.040
<v Speaker 1>about earlier, um, this article from the I m F.

0:21:26.440 --> 0:21:28.439
<v Speaker 1>I'm talking about how central bank digital currencies would let

0:21:28.480 --> 0:21:32.639
<v Speaker 1>governments control what people spend money on. Right, That's what

0:21:32.680 --> 0:21:37.840
<v Speaker 1>they said, and uh Neil Kasharski, president of the Federal

0:21:37.840 --> 0:21:41.360
<v Speaker 1>Reserve Bank of Minneapolis, wrote quote, I can see how

0:21:41.440 --> 0:21:45.600
<v Speaker 1>China is for this. I don't see how Americans would

0:21:45.640 --> 0:21:49.880
<v Speaker 1>want this. And so we all went from big neo

0:21:49.920 --> 0:21:52.280
<v Speaker 1>cash Cary haters a couple of years ago to being

0:21:52.600 --> 0:21:54.760
<v Speaker 1>big Neil fans a couple of months ago when he

0:21:54.760 --> 0:21:57.159
<v Speaker 1>tweeted that out. Um, yeah, he's got that right, he

0:21:57.240 --> 0:22:00.720
<v Speaker 1>nailed it. This is this is marching into the arms

0:22:00.760 --> 0:22:05.159
<v Speaker 1>of tyranny and the worst dreams of science fiction writers

0:22:05.160 --> 0:22:08.400
<v Speaker 1>of the sixth season seventies. If you go this this way,

0:22:08.480 --> 0:22:13.680
<v Speaker 1>this is not the American way. Yeah, it also seems.

0:22:13.720 --> 0:22:16.159
<v Speaker 1>And so you framed up these different factions, right, so

0:22:16.200 --> 0:22:19.439
<v Speaker 1>you have the banks and let's just talk about the

0:22:19.440 --> 0:22:22.480
<v Speaker 1>the banks and the Federal Reserve. Um. I had I

0:22:22.520 --> 0:22:25.040
<v Speaker 1>had done a YouTube video a while back, a month

0:22:25.080 --> 0:22:27.479
<v Speaker 1>or two ago, um talking about this kind of from

0:22:27.520 --> 0:22:30.960
<v Speaker 1>a different angle, which was just like this this ultimate war,

0:22:31.080 --> 0:22:33.119
<v Speaker 1>this ultimate showdown where the central banks don't want to

0:22:33.119 --> 0:22:37.600
<v Speaker 1>give up control over money, which we would all agree on, Um,

0:22:37.720 --> 0:22:41.320
<v Speaker 1>which central bank wants to give up control of money. So, um,

0:22:41.359 --> 0:22:45.480
<v Speaker 1>it seems like you have like this euro Davos ECB group,

0:22:45.480 --> 0:22:48.000
<v Speaker 1>which kind of the Obama Biden administration is going along

0:22:48.040 --> 0:22:50.760
<v Speaker 1>with that. Um, which then they have this whole Green

0:22:50.800 --> 0:22:52.680
<v Speaker 1>Transition initiative which they want to spend a hundred and

0:22:52.680 --> 0:22:55.320
<v Speaker 1>fifty trillion dollars over the next thirty years, which would

0:22:55.359 --> 0:22:58.199
<v Speaker 1>then crush the currencies to print that much more. And

0:22:58.240 --> 0:23:00.520
<v Speaker 1>then the FED seems to be fighting act like does

0:23:00.560 --> 0:23:02.680
<v Speaker 1>the Fed want to give up control over the dollar

0:23:02.800 --> 0:23:04.679
<v Speaker 1>to the e c B. So you kind of have

0:23:04.760 --> 0:23:06.919
<v Speaker 1>this in fighting. But then at the same time you

0:23:06.960 --> 0:23:08.800
<v Speaker 1>have the bank. So in the United States we still

0:23:08.800 --> 0:23:10.439
<v Speaker 1>have like the Federal Reserve, and then we have these

0:23:10.480 --> 0:23:13.000
<v Speaker 1>independent banks, right, and so the banks don't want to

0:23:13.000 --> 0:23:16.000
<v Speaker 1>give up control over the money either, And so you

0:23:16.040 --> 0:23:18.320
<v Speaker 1>have like the banks fighting against the Fed, the FED

0:23:18.400 --> 0:23:21.520
<v Speaker 1>fighting against the ECB. Maybe they have enough on their

0:23:21.520 --> 0:23:25.360
<v Speaker 1>hands to worry about. Well, I think I think it's

0:23:25.359 --> 0:23:28.560
<v Speaker 1>probably it's a mistake to say, hey, these are the adversaries.

0:23:28.600 --> 0:23:33.080
<v Speaker 1>What it really is about is there are people, governments

0:23:33.240 --> 0:23:36.919
<v Speaker 1>and companies that do things that help bitcoin adoption and

0:23:36.960 --> 0:23:40.080
<v Speaker 1>help us run faster. And there are people governments and

0:23:40.119 --> 0:23:45.080
<v Speaker 1>companies that do things that hurt bitcoin adoption and make

0:23:45.200 --> 0:23:50.199
<v Speaker 1>us run slower, and that increases the likelihood that a

0:23:50.320 --> 0:23:54.640
<v Speaker 1>war on bitcoin and bitcoiners takes place, and it uh

0:23:54.840 --> 0:23:58.560
<v Speaker 1>basically brings it further forward that it could happen sooner,

0:23:58.920 --> 0:24:01.399
<v Speaker 1>you know, so basically makes it harder for us to

0:24:01.400 --> 0:24:04.000
<v Speaker 1>win this race if it if the war comes sooner

0:24:04.400 --> 0:24:08.320
<v Speaker 1>with more force. And so there can be people governments

0:24:08.320 --> 0:24:11.159
<v Speaker 1>and companies that do a bit of both. As you

0:24:11.160 --> 0:24:13.800
<v Speaker 1>were noting, there are people, there are companies and banks

0:24:13.800 --> 0:24:15.840
<v Speaker 1>that are making it easier to buy a bitcoin while

0:24:15.880 --> 0:24:18.560
<v Speaker 1>also participating in all this anti bitcoin stuff out the

0:24:18.560 --> 0:24:21.040
<v Speaker 1>other side. Like I've got a I've got a bank's

0:24:21.080 --> 0:24:24.200
<v Speaker 1>venture arm trying to invest in Swan at the same

0:24:24.240 --> 0:24:27.360
<v Speaker 1>time as their you know, commercial banking division dropped us

0:24:27.600 --> 0:24:31.240
<v Speaker 1>yesterday morning with no notice, no email, no phone call, note,

0:24:31.480 --> 0:24:35.159
<v Speaker 1>like nothing. That thing is like funded to make payroll

0:24:35.200 --> 0:24:36.960
<v Speaker 1>at the end of the month, and they took our

0:24:37.160 --> 0:24:38.879
<v Speaker 1>you know, half mill that was in that account and

0:24:38.880 --> 0:24:40.960
<v Speaker 1>just sent it into the ether. And I have to

0:24:40.960 --> 0:24:42.680
<v Speaker 1>go like hunt it down, and they're going to mail

0:24:42.720 --> 0:24:44.600
<v Speaker 1>a check to my old home address that I haven't

0:24:44.640 --> 0:24:47.920
<v Speaker 1>lived in in two years, you know, fifteen days from now,

0:24:48.080 --> 0:24:50.680
<v Speaker 1>and and you can't talk to them, You can't get

0:24:50.680 --> 0:24:52.399
<v Speaker 1>them to wire the money, you can't go pick it

0:24:52.480 --> 0:24:54.280
<v Speaker 1>up at a branch. You can't get them to send

0:24:54.280 --> 0:24:55.760
<v Speaker 1>it to the right address. It has to go to

0:24:55.800 --> 0:24:58.680
<v Speaker 1>the old address, get returned, then they can send it

0:24:58.720 --> 0:25:00.320
<v Speaker 1>to a new address. And a couple of months and

0:25:00.400 --> 0:25:04.600
<v Speaker 1>until then, you know, a growing tech company doesn't have

0:25:04.640 --> 0:25:09.000
<v Speaker 1>their half mill And and again we got shut down

0:25:09.080 --> 0:25:12.920
<v Speaker 1>with zero notice. So I think every time you interact

0:25:13.000 --> 0:25:17.600
<v Speaker 1>with with the banks, and you see, I mean like

0:25:17.760 --> 0:25:20.120
<v Speaker 1>they're not aligned. There's people inside this bank that love

0:25:20.160 --> 0:25:22.680
<v Speaker 1>bitcoin or they're pushing it hard, but another division is

0:25:22.720 --> 0:25:25.720
<v Speaker 1>doing stuff like this. So, like I said, I think

0:25:25.720 --> 0:25:29.000
<v Speaker 1>there are there are fights within governments, there are fights

0:25:29.000 --> 0:25:32.840
<v Speaker 1>within banks, and there are fights you know on the

0:25:32.840 --> 0:25:35.480
<v Speaker 1>individual level. Two right, there are there are people that

0:25:35.600 --> 0:25:39.640
<v Speaker 1>really like bitcoin that don't quite understand yet what their

0:25:39.640 --> 0:25:44.919
<v Speaker 1>crypto activities are doing. Two increase the chance of a

0:25:44.960 --> 0:25:50.040
<v Speaker 1>war on bitcoin and and decrease you know, the chance

0:25:50.119 --> 0:25:52.200
<v Speaker 1>of us of us not having to fight a war,

0:25:52.440 --> 0:25:55.960
<v Speaker 1>you know, or our children being able to enjoy a

0:25:56.040 --> 0:25:58.800
<v Speaker 1>post bitcoin eyes future and the prosperity and freedom that

0:25:58.840 --> 0:26:02.560
<v Speaker 1>comes with that, or you know, maybe just don't make

0:26:02.600 --> 0:26:08.439
<v Speaker 1>the connection that their actions promoting crypto scams uh is

0:26:08.880 --> 0:26:12.840
<v Speaker 1>increasing the chance that some country lives through an episode

0:26:12.880 --> 0:26:17.439
<v Speaker 1>of hyperinflation that that wouldn't happen under bitcoin. So I

0:26:17.480 --> 0:26:21.600
<v Speaker 1>think it's it's incumbent upon each of us two come

0:26:21.640 --> 0:26:23.760
<v Speaker 1>to an understanding like this, however you get to it,

0:26:23.840 --> 0:26:25.880
<v Speaker 1>or however you end up framing it for yourself. But

0:26:26.520 --> 0:26:30.600
<v Speaker 1>you know, everything that the Privacy and no k y

0:26:30.680 --> 0:26:35.040
<v Speaker 1>C bitcoin faction does is making Bitcoin look harder to

0:26:35.119 --> 0:26:38.560
<v Speaker 1>attack every time somebody sets up, you know, a mining

0:26:38.600 --> 0:26:41.320
<v Speaker 1>operation in the hinterlands of some country on the other

0:26:41.320 --> 0:26:43.600
<v Speaker 1>side of the world to make Bitcoin harder to attack.

0:26:44.359 --> 0:26:46.120
<v Speaker 1>And so you're kind of hitting it from both sides.

0:26:46.119 --> 0:26:49.359
<v Speaker 1>We're pushing adoptions super hard here in the West with Swan,

0:26:49.680 --> 0:26:52.479
<v Speaker 1>while at the same time very much supporting through you know,

0:26:52.760 --> 0:26:56.320
<v Speaker 1>like my venture activities and just kind of promoting on

0:26:56.359 --> 0:26:58.720
<v Speaker 1>all our media channels whatever we can about people that

0:26:58.760 --> 0:27:02.639
<v Speaker 1>make the bitcoin look hard or two attack. Everyone's working

0:27:02.640 --> 0:27:04.520
<v Speaker 1>in concert. If you look at you know, are you

0:27:04.560 --> 0:27:07.160
<v Speaker 1>doing something that's good for bitcoin and helping us win

0:27:07.200 --> 0:27:09.840
<v Speaker 1>the race, or are you doing something that's you know,

0:27:09.960 --> 0:27:12.320
<v Speaker 1>bad for bitcoin and making it harder to win the

0:27:12.400 --> 0:27:16.879
<v Speaker 1>race and thus bring about a war on bitcoin. Yeah, uh,

0:27:16.960 --> 0:27:18.320
<v Speaker 1>you're if you're just tune in and listening to the

0:27:18.320 --> 0:27:21.399
<v Speaker 1>Mark mo Show. We're talking with Corey Clipston from Swan

0:27:21.440 --> 0:27:23.800
<v Speaker 1>Bitcoin talking about the race to avoid war. This is

0:27:23.840 --> 0:27:27.160
<v Speaker 1>the inevitable showdown of what we want to use as money.

0:27:27.880 --> 0:27:29.080
<v Speaker 1>We're gonna be back with more in a minute. I

0:27:29.080 --> 0:27:31.520
<v Speaker 1>want to talk about what we can do to speed

0:27:31.520 --> 0:27:33.440
<v Speaker 1>it up to win that race. You want to talk

0:27:33.440 --> 0:27:35.240
<v Speaker 1>about some of these concrete things and maybe talk about

0:27:35.280 --> 0:27:37.720
<v Speaker 1>some time frames. Will speculate a little bit. We're back

0:27:37.720 --> 0:27:39.399
<v Speaker 1>with that and more in a minute. Don't go away,

0:27:39.480 --> 0:27:41.720
<v Speaker 1>We'll be right back. All right, Welcome back. You are

0:27:41.760 --> 0:27:44.439
<v Speaker 1>listening to the Mark moa Show, sitting down today with

0:27:44.560 --> 0:27:48.400
<v Speaker 1>Corey Clipston from Swan Bitcoin, and we are discussing the

0:27:48.520 --> 0:27:52.560
<v Speaker 1>race to avoid war. We're talking about the inevitable showdown

0:27:52.640 --> 0:27:57.040
<v Speaker 1>with money and us having the freedom to be able

0:27:57.040 --> 0:27:59.880
<v Speaker 1>to choose what money we want to use. That gives

0:27:59.880 --> 0:28:03.080
<v Speaker 1>a the freedom of privacy that allows us to then

0:28:03.119 --> 0:28:04.919
<v Speaker 1>be able to transact. I like to say that without

0:28:05.000 --> 0:28:08.520
<v Speaker 1>the freedom of payments, there is no freedom at all. Period.

0:28:08.960 --> 0:28:10.320
<v Speaker 1>A lot of people haven't really taken the time to

0:28:10.359 --> 0:28:12.960
<v Speaker 1>think through that. But we know that the powers that be,

0:28:13.119 --> 0:28:15.280
<v Speaker 1>whatever facts should you want to frame up, they don't

0:28:15.280 --> 0:28:17.120
<v Speaker 1>want to give up the control over money. It's been

0:28:17.119 --> 0:28:21.880
<v Speaker 1>the probably one of the oldest battles in in mankind.

0:28:23.480 --> 0:28:26.160
<v Speaker 1>You know, Corey is with a swan bitcoin um. Also,

0:28:26.200 --> 0:28:28.600
<v Speaker 1>we're talking about the Pacific Bitcoin Conference coming up in

0:28:28.640 --> 0:28:31.520
<v Speaker 1>about two weeks here in southern California. Check it out

0:28:31.600 --> 0:28:34.840
<v Speaker 1>Pacific Bitcoin dot Com. Some of the biggest speakers in

0:28:34.880 --> 0:28:37.800
<v Speaker 1>the space, Michael Sailor, Alex Epstein, Lenld and Jeff Booth,

0:28:37.880 --> 0:28:41.280
<v Speaker 1>Robert Breedlove, Preston Pish, and of course myself and Corey

0:28:41.280 --> 0:28:44.040
<v Speaker 1>will be there. Come check it out Pacific Bitcoin dot Com.

0:28:44.040 --> 0:28:47.160
<v Speaker 1>But Corey, let's talk about UM. Let's talk about this

0:28:47.240 --> 0:28:48.840
<v Speaker 1>bat a little bit and and maybe some of the

0:28:48.880 --> 0:28:51.840
<v Speaker 1>things that we can do now. I'm hopeful and maybe

0:28:51.840 --> 0:28:54.760
<v Speaker 1>I'm just as humans, we have to be aware of

0:28:54.760 --> 0:28:57.560
<v Speaker 1>our own biases, right and I'm an I've an optimist.

0:28:57.880 --> 0:28:59.680
<v Speaker 1>Is optimism biased? I know I have to kind of

0:28:59.760 --> 0:29:02.680
<v Speaker 1>check app But like I said earlier, like they're almost

0:29:02.680 --> 0:29:06.480
<v Speaker 1>doing the marketing for us. I see h Augustine Carston's

0:29:06.520 --> 0:29:10.360
<v Speaker 1>from the b I S he said, quote absolute, he said,

0:29:10.440 --> 0:29:13.880
<v Speaker 1>the central banks will have quote absolute control over the

0:29:13.960 --> 0:29:16.160
<v Speaker 1>rules and regulations that will determine the use of that

0:29:16.240 --> 0:29:19.400
<v Speaker 1>expression of central bank liability. And then we'll also have

0:29:19.440 --> 0:29:24.239
<v Speaker 1>the technology to enforce it. So absolute control. And so

0:29:24.920 --> 0:29:28.120
<v Speaker 1>my hope, my optimism biases that as more people see

0:29:28.160 --> 0:29:30.400
<v Speaker 1>these things, are gonna wake up and realize like how

0:29:30.440 --> 0:29:34.440
<v Speaker 1>bad this is. But they're on their path and hopefully

0:29:34.520 --> 0:29:36.960
<v Speaker 1>maybe there's some in fighting that slows them down along

0:29:37.000 --> 0:29:40.360
<v Speaker 1>the way and we get a couple um congressman, senators,

0:29:40.360 --> 0:29:43.040
<v Speaker 1>etcetera slow it down. But I know you were kind

0:29:43.080 --> 0:29:46.360
<v Speaker 1>of focused on getting this uh ten million number needed

0:29:46.440 --> 0:29:49.960
<v Speaker 1>or number needed. I mean, what what what does the

0:29:50.000 --> 0:29:52.360
<v Speaker 1>average person do to really kind of help win this

0:29:52.400 --> 0:29:56.000
<v Speaker 1>war or the race to the war? Yeah, so to

0:29:56.000 --> 0:29:59.440
<v Speaker 1>to to win this adoption race, and let's avoid this

0:30:00.000 --> 0:30:02.960
<v Speaker 1>are on bitcoin that again I don't think is inevitable.

0:30:03.120 --> 0:30:06.920
<v Speaker 1>There's an inevitable switch over to bitcoin. It's just a

0:30:07.000 --> 0:30:10.160
<v Speaker 1>question of when it actually of course, And you know

0:30:10.200 --> 0:30:12.000
<v Speaker 1>you wanted to talk about sort of timelines and for

0:30:12.120 --> 0:30:15.920
<v Speaker 1>not prognostications like I think it can happen as fast

0:30:15.920 --> 0:30:19.760
<v Speaker 1>as like and that bitcoin can be established as you know,

0:30:19.800 --> 0:30:23.360
<v Speaker 1>a mature store of value market cap will be you know,

0:30:23.480 --> 0:30:27.440
<v Speaker 1>probably north of fifty trillion trillions something like that, and

0:30:28.800 --> 0:30:33.480
<v Speaker 1>a widely used medium of exchange, and at minimum another

0:30:33.680 --> 0:30:37.880
<v Speaker 1>unit of account, probably global where you may still have

0:30:38.000 --> 0:30:41.840
<v Speaker 1>some existing fiat currencies like the dollar. Euro is probably gone,

0:30:41.880 --> 0:30:43.880
<v Speaker 1>but yeah, and it's probably still around maybe the un

0:30:44.720 --> 0:30:47.360
<v Speaker 1>UM and you know, the price tag would also have

0:30:47.640 --> 0:30:51.160
<v Speaker 1>Satoshi's on it. Um. So that's what I think will

0:30:51.200 --> 0:30:54.440
<v Speaker 1>happen if we win the adoption. I would I would

0:30:54.440 --> 0:30:56.120
<v Speaker 1>say I would probably speed I'm going to speed that

0:30:56.200 --> 0:30:58.800
<v Speaker 1>up a little bit. I think. I think by the

0:30:58.840 --> 0:31:00.440
<v Speaker 1>end of the decade, I think we get there. And

0:31:00.440 --> 0:31:03.680
<v Speaker 1>the reason why is, I mean just looking at S curve, right,

0:31:03.720 --> 0:31:06.960
<v Speaker 1>So S curve measures like a technology adoption rates. Yeah,

0:31:07.480 --> 0:31:12.400
<v Speaker 1>typically is kind of kind of full adoption, right, So

0:31:12.440 --> 0:31:14.360
<v Speaker 1>if you look at the telephone, the color TV, the

0:31:14.400 --> 0:31:17.240
<v Speaker 1>black and white TV, the washer machine, etcetera. So typically

0:31:17.240 --> 0:31:18.680
<v Speaker 1>the time it takes go from zero to ten percent,

0:31:18.680 --> 0:31:20.680
<v Speaker 1>at the time it takes go from ten to ninety

0:31:20.800 --> 0:31:24.280
<v Speaker 1>and so we probably hit about ten percent adoption by

0:31:24.520 --> 0:31:29.640
<v Speaker 1>two thousand nineteen, and so maybe by maybe we get

0:31:29.640 --> 0:31:34.160
<v Speaker 1>to that number. Um, we're all looking in a crystal ball,

0:31:34.200 --> 0:31:36.680
<v Speaker 1>we don't have. I've been I've been talking about this

0:31:36.920 --> 0:31:39.640
<v Speaker 1>quite a lot this year as well, and in particular

0:31:39.680 --> 0:31:42.400
<v Speaker 1>because I I realized that I didn't think it actually

0:31:42.440 --> 0:31:46.120
<v Speaker 1>fit technology adoption curves. And there's a book written by

0:31:46.160 --> 0:31:49.520
<v Speaker 1>Carlotta Perez back in two thousand two called Technological Revolutions

0:31:49.600 --> 0:31:52.400
<v Speaker 1>and Financial Capital, and I took it with me for

0:31:52.440 --> 0:31:55.000
<v Speaker 1>the summer and re read it over the summer. I

0:31:55.040 --> 0:31:57.520
<v Speaker 1>hadn't probably read it since I think I read it

0:31:57.640 --> 0:32:01.880
<v Speaker 1>for the first time in or something like that. And uh,

0:32:02.000 --> 0:32:04.120
<v Speaker 1>I think bitcoin is one of these things that comes

0:32:04.160 --> 0:32:06.840
<v Speaker 1>along every like, you know, thirty to eighty years, so

0:32:06.880 --> 0:32:09.440
<v Speaker 1>the last one being the start of the information revolution,

0:32:09.520 --> 0:32:12.440
<v Speaker 1>which she at least marks as the first intel chip

0:32:12.520 --> 0:32:16.680
<v Speaker 1>rolling off of a fab in one, and then before

0:32:16.760 --> 0:32:18.640
<v Speaker 1>that the first model t rolling off. So that was

0:32:18.680 --> 0:32:21.440
<v Speaker 1>the the age of mass production. So whenever in the

0:32:21.520 --> 0:32:23.520
<v Speaker 1>nineteen o six or something like that, and before that,

0:32:23.960 --> 0:32:27.000
<v Speaker 1>you know, industrial revolution and before that steam right, So

0:32:27.560 --> 0:32:30.480
<v Speaker 1>I think it's something about every fifty years. Yeah, it

0:32:30.520 --> 0:32:32.720
<v Speaker 1>could be a lot bigger. Yeah, So in in what

0:32:32.880 --> 0:32:37.240
<v Speaker 1>distinguishes a technological revolution from a single technology that made

0:32:37.560 --> 0:32:40.040
<v Speaker 1>you know, social media, Hey, there's an industry vertical that

0:32:40.080 --> 0:32:42.480
<v Speaker 1>got created right, and it had a technology adoption curve.

0:32:43.160 --> 0:32:47.280
<v Speaker 1>A technological revolution has an adoption curve that actually changes

0:32:47.320 --> 0:32:50.720
<v Speaker 1>all industries. And I can't think of anything that fits

0:32:50.760 --> 0:32:54.959
<v Speaker 1>that better than changing the money for all industries. And

0:32:55.000 --> 0:32:58.600
<v Speaker 1>so I think bitcoin is much much bigger than iPads

0:32:58.760 --> 0:33:02.080
<v Speaker 1>or the internet, you know, consumer Internet or something like that.

0:33:02.120 --> 0:33:05.320
<v Speaker 1>I think it's I think it's bigger, and I think

0:33:05.320 --> 0:33:07.560
<v Speaker 1>it's more like on the order of the information revolution

0:33:07.840 --> 0:33:10.320
<v Speaker 1>or the age of mass production or something like that.

0:33:10.440 --> 0:33:14.000
<v Speaker 1>So I am kind of thinking that this, I think

0:33:15.000 --> 0:33:20.280
<v Speaker 1>is like aggressive but possible, and it's probably even without

0:33:20.360 --> 0:33:23.320
<v Speaker 1>fighting a war. You're probably looking at bitcoin being everywhere

0:33:23.320 --> 0:33:30.160
<v Speaker 1>by and it could be delayed significantly by decades, maybe

0:33:30.200 --> 0:33:33.320
<v Speaker 1>even to the next century. If we let the crypto

0:33:33.360 --> 0:33:36.160
<v Speaker 1>scammers have their way, if we let the CBDC scammers

0:33:36.240 --> 0:33:38.600
<v Speaker 1>have their way, if we let the banks do what

0:33:38.640 --> 0:33:42.040
<v Speaker 1>they've always done and just kind of like ride rough

0:33:42.040 --> 0:33:45.160
<v Speaker 1>shot over the people. Um, you know, we need to

0:33:45.160 --> 0:33:47.160
<v Speaker 1>fight for this thing. And you asked, you know, what

0:33:47.240 --> 0:33:52.400
<v Speaker 1>can any individual person do, like educate yourself and find

0:33:52.480 --> 0:33:55.320
<v Speaker 1>your list of resources to help your friends. You know,

0:33:55.400 --> 0:33:58.560
<v Speaker 1>I always give away swan dot com slash free book,

0:33:58.600 --> 0:34:00.960
<v Speaker 1>which is in my view, the best book ever written

0:34:00.960 --> 0:34:04.720
<v Speaker 1>on bitcoin, Inventing Bitcoin by Yon Pritzker. Um. I think

0:34:04.720 --> 0:34:07.920
<v Speaker 1>the Bitcoin Canon is an amazing resource. So this is

0:34:08.200 --> 0:34:10.160
<v Speaker 1>bitcoiners that have been around for a long time putting

0:34:10.200 --> 0:34:14.200
<v Speaker 1>together there go to list of resources on different topics,

0:34:14.239 --> 0:34:16.800
<v Speaker 1>which would be like bitcoin and macro bitcoin and energy

0:34:17.400 --> 0:34:20.319
<v Speaker 1>bitcoin one oh one, bitcoin and privacy things like that.

0:34:20.400 --> 0:34:22.600
<v Speaker 1>So that's a Swan dot com slash canon C A

0:34:22.719 --> 0:34:25.160
<v Speaker 1>N O N and you can see, you know, what

0:34:25.280 --> 0:34:27.760
<v Speaker 1>Matt O'Dell has to say about a topic or safety,

0:34:27.800 --> 0:34:30.840
<v Speaker 1>and or Stefan Lavera or len Aldon on different topics

0:34:30.840 --> 0:34:33.880
<v Speaker 1>that they're passionate about, and they've sat down and created

0:34:33.920 --> 0:34:37.040
<v Speaker 1>a curated list of resources on that topic for you

0:34:37.120 --> 0:34:39.600
<v Speaker 1>to dive into. And I find that to be one

0:34:39.600 --> 0:34:42.400
<v Speaker 1>of the best. Those are like the best links that

0:34:42.440 --> 0:34:45.320
<v Speaker 1>you can send people new to bitcoin because they can

0:34:45.520 --> 0:34:47.719
<v Speaker 1>find somebody that they like and they trust, and then

0:34:47.760 --> 0:34:50.520
<v Speaker 1>you can send them what that person has to say

0:34:50.560 --> 0:34:53.680
<v Speaker 1>about what's important in bitcoin. Yeah, it's always through education,

0:34:53.760 --> 0:34:59.200
<v Speaker 1>you know. I constantly, uh I constantly just recite the

0:34:59.600 --> 0:35:01.680
<v Speaker 1>quote for um Samuel Adams and said it doesn't take

0:35:01.680 --> 0:35:04.320
<v Speaker 1>a majority to prevail, but rather a small irate minority

0:35:04.400 --> 0:35:06.200
<v Speaker 1>keen on something brush fires in the minds of men,

0:35:06.200 --> 0:35:08.760
<v Speaker 1>and that brush fire is that educational piece, like waking

0:35:08.800 --> 0:35:10.920
<v Speaker 1>people up to these things. And I like to tell

0:35:10.960 --> 0:35:13.640
<v Speaker 1>people to like, don't just don't just receive this information

0:35:13.680 --> 0:35:15.319
<v Speaker 1>that you and I are discussing, or I do on

0:35:15.360 --> 0:35:17.800
<v Speaker 1>my shows or you do on other shows, Like, don't

0:35:17.800 --> 0:35:21.200
<v Speaker 1>just don't just receive it, but like, go discuss it

0:35:21.239 --> 0:35:25.160
<v Speaker 1>with somebody else, right, go share it and just create

0:35:25.200 --> 0:35:28.879
<v Speaker 1>a discussion about it. Spark that creativity, sparked that brush fire,

0:35:29.200 --> 0:35:32.000
<v Speaker 1>and it just continues to spread and spread and spread. Yeah,

0:35:32.040 --> 0:35:34.560
<v Speaker 1>you're you're so right about finding somebody to discuss it with.

0:35:34.640 --> 0:35:37.239
<v Speaker 1>And I think it's probably been like a year since

0:35:37.280 --> 0:35:40.360
<v Speaker 1>I said this this U r L on air somewhere,

0:35:40.400 --> 0:35:42.919
<v Speaker 1>and I don't know why I stopped, but like, there

0:35:42.960 --> 0:35:46.080
<v Speaker 1>are I think Telegram is probably the place where the

0:35:46.120 --> 0:35:49.680
<v Speaker 1>best bitcoin discussions happen other than in public on Twitter.

0:35:50.360 --> 0:35:53.120
<v Speaker 1>And so if you download Telegram, then in any browser

0:35:53.239 --> 0:35:56.160
<v Speaker 1>you can just put t dot me slash swan bitcoin

0:35:56.800 --> 0:35:58.920
<v Speaker 1>and in there are like thousands of people that are

0:35:58.960 --> 0:36:02.400
<v Speaker 1>just talking about bitcoin topics and discussing bitcoin and helping

0:36:02.400 --> 0:36:04.759
<v Speaker 1>each other learn about bitcoin and sending tips to each

0:36:04.760 --> 0:36:07.360
<v Speaker 1>other and new resources and links, and a lot of

0:36:07.360 --> 0:36:09.840
<v Speaker 1>the top people in bitcoin that that come on our shows,

0:36:10.640 --> 0:36:13.120
<v Speaker 1>like Mark and and Uh and Land and a lot

0:36:13.120 --> 0:36:14.799
<v Speaker 1>of these folks will be in there and you can

0:36:14.800 --> 0:36:17.640
<v Speaker 1>actually just ask them questions in real time. So yeah,

0:36:17.680 --> 0:36:20.080
<v Speaker 1>I think conversation is a big part of it. Um.

0:36:20.120 --> 0:36:22.680
<v Speaker 1>I should mention, by the way, since you mentioned the

0:36:22.680 --> 0:36:25.480
<v Speaker 1>conference a couple of times, use code swan s w

0:36:25.640 --> 0:36:29.480
<v Speaker 1>a N for off of tickets And if you're down

0:36:29.480 --> 0:36:31.520
<v Speaker 1>for the v i P experience, there's an amazing v

0:36:31.560 --> 0:36:33.879
<v Speaker 1>i P party on the evening of the first night,

0:36:34.239 --> 0:36:37.560
<v Speaker 1>and then there's a beach mansion rap party on the

0:36:37.600 --> 0:36:40.920
<v Speaker 1>twelfth on Saturday that is also part of the v

0:36:40.960 --> 0:36:43.000
<v Speaker 1>i P experience. So I think it's uh, it's a

0:36:43.000 --> 0:36:45.440
<v Speaker 1>heck of a deal for people that want to kind

0:36:45.440 --> 0:36:49.200
<v Speaker 1>of upgrade their conference experience and use code swan either way, Yep,

0:36:49.360 --> 0:36:52.080
<v Speaker 1>for sure, Pacific Bitcoin dot Com. I'm gonna be there

0:36:52.120 --> 0:36:56.520
<v Speaker 1>hanging out. Um. It's probably cold somewhere wherever you're at

0:36:56.520 --> 0:36:58.200
<v Speaker 1>in some part of the part of the world, and

0:36:58.280 --> 0:37:00.920
<v Speaker 1>November is an amazing time to be in southern California,

0:37:00.960 --> 0:37:03.040
<v Speaker 1>is some of the best weather of the year and

0:37:03.080 --> 0:37:04.960
<v Speaker 1>not the summer, it's the fall, so come to Pacific

0:37:04.960 --> 0:37:06.799
<v Speaker 1>bitcoin dot com check it out. You're listening to the

0:37:06.800 --> 0:37:10.600
<v Speaker 1>Markmas Show, sitting down with Corey Klipston from Swan Bitcoin.

0:37:10.680 --> 0:37:11.360
<v Speaker 1>Thanks for listening.