Speaker 1: Hello, and welcome to another episode of the Mark Mos Show,
Speaker 1: where we talk about, of course, each and every week,
Speaker 1: the decentralized revolution as we look at the world through
Speaker 1: the lens of politics, finance, and technology, and of course
Speaker 1: that technology is bitcoin, the decentralized technology that is changing
Speaker 1: the world. And of course I try to bring to
Speaker 1: you some education to change the way you think, the
Speaker 1: latest breaking news, and some interesting guests. You don't have
Speaker 1: to listen to me all the time. And so I
Speaker 1: am joined today by a good friend, Corey Clipston from
Speaker 1: Swan Bitcoin. You can find him on Twitter at Corey
Speaker 1: Clipston and also shout out to swan. Swan Bitcoin is
Speaker 1: putting together the Pacific Bitcoin Conference coming up here in
Speaker 1: Los Angeles in a couple of weeks. You can check
Speaker 1: it out Pacific bitcoin dot com. I'm super excited about it.
Speaker 1: Bring an event back to my backyard. I'm excited about
Speaker 1: that and I'm happy to have you Corey. Thanks for
Speaker 1: joining me today. Yeah, it's great to be here and
Speaker 1: and obviously I share your enthusiasm for having a big
Speaker 1: get together of bitcoiners here. It will be November tenth
Speaker 1: and eleven at the Barker Hangar in Santa Monica. So yeah,
Speaker 1: I cannot wait for that. Yeah, it's about time, you know,
Speaker 1: we I know we talked about this before, but like
Speaker 1: bitcoin was supposed to be in southern California and we
Speaker 1: kinda uh we kind of lost we lost it and
Speaker 1: maybe we can get it back a little bit. Yeah, yeah,
Speaker 1: we have been talking about that, and I'm not willing
Speaker 1: to see the territory and uh and I never left.
Speaker 1: You're back. Uh we will do a pencer move from
Speaker 1: me north of l A and you south of l A.
Speaker 1: And we're gonna take over the whole metroplex. Yeah yeah, so, um,
Speaker 1: you know some of the original cipher punks, it kind
Speaker 1: of had this like southern California roots already. Yeah, this
Speaker 1: is how finny territory. Yeah, howf any territory. Right, So,
Speaker 1: like we kind of had the southern California roots. I
Speaker 1: think if it wasn't for that stupid pandemic. Uh, we
Speaker 1: would we would have had we would have had it here,
Speaker 1: you know. But anyway, bring it back, and I'm happy
Speaker 1: for it. So everyone checked that out. Pacific Bitcoin dot com.
Speaker 1: You have the tickets. I'm gonna be speaking there. Of course,
Speaker 1: Corey will be there. We got Michael Sailor, the Mega
Speaker 1: Chad Coming gig a Chad, Alex Epstein, Len Alden, and
Speaker 1: Jeff Booth, Robert Breed, Love Preston Pitch, Greg Foss. It's
Speaker 1: gonna be awesome. But let's uh, you know, I know,
Speaker 1: you've been talking about a pretty interesting and um super
Speaker 1: timely and relevant topic, and um, you're kind of framing
Speaker 1: it up as the race to avoid war, which I mean,
Speaker 1: you gotta be careful, Corey, because you can get canceled
Speaker 1: for saying things like that. Right, I mean, look what
Speaker 1: they tried to do with Elon Right, he said that
Speaker 1: we should have peace. I mean, how dare how dare
Speaker 1: someone recommend peace? Um? I saw today two things. One
Speaker 1: Obama now is saying that we should have peace, and
Speaker 1: two I saw that they called on the Pope to
Speaker 1: see if they can get Biden and Puttin to sit
Speaker 1: down together. And I was like, isn't this between Puttin
Speaker 1: and Zelinski while he was Puttin and Biden if it
Speaker 1: down together? Anyway, interesting tidbits, But anyway, you're calling for
Speaker 1: the race to avoid war? Uh? Frame that up for us? Yeah,
Speaker 1: I mean this is specifically in the context of bitcoin.
Speaker 1: So it's it's not sort of the kinetic war that
Speaker 1: we think of may turn that way someday. I hope
Speaker 1: it never does. But basically what it is is the
Speaker 1: only threat to sort of fast speedy adoption of bitcoin
Speaker 1: and bringing forward this you know, this future that we
Speaker 1: all envisioned with higher productivity, less economic friction, more freedom,
Speaker 1: more prosperity for eight billion people on Earth that we
Speaker 1: think that bitcoin as global money will bring about. The
Speaker 1: only entity that can coordinate any sort of major delay
Speaker 1: to that is the US government, working in consort probably
Speaker 1: with banks obviously allies around the world that sort of
Speaker 1: rely on the Western system that's underpinned by the exorbitant
Speaker 1: privilege of of a treasury and dollar back system. UH
Speaker 1: and probably a cabal of all coiners sort of running
Speaker 1: their grift and attempting regulatory capture and trying to insidiously
Speaker 1: creep into banks and governments and affect regulations and do
Speaker 1: things that are contrabict coins. So that's kind of the
Speaker 1: three parties that uh, I think that I think today
Speaker 1: that they might have the most to lose from a
Speaker 1: a bitcoin bitcoin I is hyper bitcoinization type future. And
Speaker 1: so the three, the three, the three were the government.
Speaker 1: The federals are of government crypto grafters and banks and banks. Yeah,
Speaker 1: so that that's sort of the the access of evil
Speaker 1: in bitcoin terms. Yeah, but they're not all They're not
Speaker 1: evil people. They just don't understand. I actually firmly believe
Speaker 1: that most of these people just don't understand uh what
Speaker 1: they are doing when they delay bitcoin adoption. So you're
Speaker 1: not going to be able to stop bitcoin from winning.
Speaker 1: It will win. The question is whether it wins handily
Speaker 1: and early and we're living in you know, thirteen years
Speaker 1: from now with bitcoin as a widely used store value,
Speaker 1: medium of exchange and unit of account and it's full
Speaker 1: global money, or do we have to go dark and
Speaker 1: there's wars on bitcoiners and boots on neck for anybody
Speaker 1: that has a k y C stack and you know,
Speaker 1: all this sort of like hiding around the world and
Speaker 1: everybody using thems and we have to like fight it
Speaker 1: out for a century and you have to wait until
Speaker 1: the or something like that for bitcoin to dominate. Um.
Speaker 1: And so I, you know, being of a certain age
Speaker 1: and wanting to enjoy as much of a bitcoin ized future,
Speaker 1: like selfishly I want that, But then also I think
Speaker 1: there is as outlined by Andrea Santinopolis probably seven eight
Speaker 1: years ago, like, if you can, if bitcoin ization can
Speaker 1: stave off one episode of hyperinflation anywhere in the world,
Speaker 1: then we all kind of have a moral imperative to
Speaker 1: try to make it happen as fast as possible. So
Speaker 1: while I do empathize with people who say, you know,
Speaker 1: I don't mind it to aching a long time, I
Speaker 1: like cheap SATs and I want to build a fatter
Speaker 1: stack for myself, you know, I personally have made the
Speaker 1: judgment that I think there's, you know, a moral case
Speaker 1: for trying to make it happen as fast as possible,
Speaker 1: and that means winning this race for adoption before the
Speaker 1: triumvirate can declare war on bitcoin and bitcoinners, because if
Speaker 1: you make it, if you get to that point where
Speaker 1: we have an in transigent minority, in particular in the
Speaker 1: USA of call it ten million bitcoiners, that's three or
Speaker 1: four percent that's kind of required to on a single
Speaker 1: issue that you have people that just won't budge on
Speaker 1: that issue that will kind of flip society. That's generally
Speaker 1: the threshold you need to hit. So if we win
Speaker 1: that adoption race, then we will never have to fight
Speaker 1: the war because it will just look too preposterous to
Speaker 1: try to wage it. I remember when you when when
Speaker 1: you first started SWAN, and I remember you saying that
Speaker 1: was the kind of the goal of the target. So
Speaker 1: you've been kind of pretty focused on that from the beginning.
Speaker 1: In regards to that, I would say a couple of things.
Speaker 1: So One, it seems like, you know, with Biden's executive
Speaker 1: orders that he put through, maybe that already kind of
Speaker 1: sped up or declared the war potentially. Uh, well's let's
Speaker 1: talk about let's talk about that first. So I mean,
Speaker 1: through these Biden in thiccative orders, right, they needed to
Speaker 1: do all this research into you know, digital assets and
Speaker 1: sterms of make digital currencies. Do you think that was
Speaker 1: an escalation or you know, speed up the timetable to
Speaker 1: that potential war. Yeah. So that's that's something that I
Speaker 1: would put in the column of this this delays bitcoin
Speaker 1: adoption and speeds up the potential for some kind of
Speaker 1: coordinated effort contra bitcoin. So that that's generally how I
Speaker 1: like everything is in one category or the other at
Speaker 1: this point. It's like if you are in Rason Horowitz
Speaker 1: and you start a new fund and you hire some
Speaker 1: regulators as regulators as gps to get around the lobbying alls,
Speaker 1: so they can just spend all their time trying to
Speaker 1: rest regulation over crypto securities from the SEC and and
Speaker 1: basically do regulatory capture of the CFTC by offering them
Speaker 1: tons of money so they will regulate you in a
Speaker 1: friendly fashion. Like that's something that's working contrabitcoin. If you
Speaker 1: are you know, Ripple and Consensus and you know Vitalic
Speaker 1: and Sam Bank and Freed and all these guys. Brian Armstrong,
Speaker 1: Freed are some all these guys you know, pumping out
Speaker 1: these E s G narratives and and trying to pretend
Speaker 1: that proof of steak is innovative in some way. And
Speaker 1: you know, Ripple funding Greenpeace to do anti bitcoin proof
Speaker 1: of work campaigns, like you're working contrabitcoin. I'm not going
Speaker 1: to tell some dude that I'm playing basketball with who
Speaker 1: happens to be into crypto or blockchain or whatever that
Speaker 1: he's an enemy of human freedom because he's not really
Speaker 1: understanding it the way that we might. But uh, yeah,
Speaker 1: you know, yeah, well um yeah, you're listening to them
Speaker 1: Arkwall Show. I'm sitting down with Corey Clipston. You can
Speaker 1: find them on Twitter at Corey Clipston from Swan Bitcoin.
Speaker 1: We're talking about the race to avoid war. Got a
Speaker 1: lot more to dig into when we get back from
Speaker 1: break in just a minute, talking about the race to
Speaker 1: bitcoin adoption and can we get the adoption before the
Speaker 1: war breaks out. We'll be back with that and more
Speaker 1: in a minute. You don't want to miss it. We'll
Speaker 1: be right back. All right, Welcome back. You are listening
Speaker 1: to the Mark Mos Show. We're talking about the decentralized Revolution.
Speaker 1: How the world is changing right before very eyes, as
Speaker 1: we swing back from centralization to decentralization, and we look
Speaker 1: at through the lens of politics, finance, and technology, which
Speaker 1: of course the technology is bitcoin. And I'm joined in
Speaker 1: the studio today with Corey Clipston. He is from Swan Bitcoin.
Speaker 1: You can check him out on Twitter at Corey Clipston
Speaker 1: and also check out Swan Bitcoins event coming up here
Speaker 1: in two weeks in southern California. Check it out a
Speaker 1: Pacific Bitcoin dot Com alb speaking there with a whole
Speaker 1: bunch of other heavyweights, Michael Sailor, Alex Alex Epstein, Lynn Alden,
Speaker 1: Jeff Booth, Robert Breed, Preston Pitsch and more. But anyway, Corey,
Speaker 1: we were talking about this, uh, the race to avoid war,
Speaker 1: which you were framing up the inevitable war that it's
Speaker 1: really it's the it's probably the number one objection that
Speaker 1: no coiners would have to bitcoin, but the government's going
Speaker 1: to make it illegal, right, And it's that inevitable showdown
Speaker 1: which everybody kind of knows that the central bankers, the
Speaker 1: powers that be will never want to give up control
Speaker 1: over the money, and so there was always gonna be
Speaker 1: this like inevitable showdown that's coming, right. I think that's
Speaker 1: kind of this war. Um. But back to this war,
Speaker 1: is it speeding up? Um? So we were talking about
Speaker 1: before the break this the Biden executive orders where you know,
Speaker 1: you gave a hundred eight days to do all this
Speaker 1: research and kind of bring this stuff back, which they've done. Um.
Speaker 1: And it seems to be picking up the timetables on
Speaker 1: the c B, DCS as well. And you know, we
Speaker 1: see obviously the rhetoric happening from the E c B
Speaker 1: and the I m F and all these other regulatory bodies.
Speaker 1: But then on the other side, so you said, um,
Speaker 1: if we can get to ten million users needed, that's
Speaker 1: kind of like this base number. Um, I thought the
Speaker 1: numbers were more like there was twenty five million Americans
Speaker 1: that were already been Yeah, so it's specifically it's bitcoiners
Speaker 1: and a bitcoin or the way I think about it
Speaker 1: is someone who has a decent chunk of their net
Speaker 1: worth in bitcoin and actually has pretty good understanding of
Speaker 1: bitcoin and actually gives a or cares about it. I
Speaker 1: should say, Um, you know, so that's that's a much
Speaker 1: much smaller number. I'd probably peg that at maybe one
Speaker 1: two hundred thousand people in the USA today. Um, And
Speaker 1: that's probably I think that's probably about right in that range. Um,
Speaker 1: because you need people that are, you know, going to
Speaker 1: make life a little bit difficult for a politician that
Speaker 1: comes out contra bitcoin, which we saw play out in
Speaker 1: the primaries in the congressional race out here in so
Speaker 1: Cow with Brad Sherman, who's kind of the most vociferous
Speaker 1: anti bitcoin guy in Congress the last few years, and
Speaker 1: a prime a challenger came up who was willing to
Speaker 1: learn about bitcoin and willing to talk about it and
Speaker 1: make it an important issue in her campaign. And even
Speaker 1: though she didn't win, he seems pretty obvious he hasn't
Speaker 1: set a peep about bitcoin in a year. It seems
Speaker 1: pretty obvious he got the message that a lot of
Speaker 1: people will come in and make life difficult for him
Speaker 1: and and create challengers for him and fund his opposition
Speaker 1: if he goes at bitcoin. So that's the type of
Speaker 1: thing that you need kind of nationwide at every level.
Speaker 1: Is these ten million bitcoiners that are willing to organize
Speaker 1: around bitcoin, be pro bitcoin and be uh, you know,
Speaker 1: make life difficult for people that are anti bitcoin. Yeah. Yeah,
Speaker 1: and we're definitely getting there. I mean to your point
Speaker 1: that Brad Sherman race was a perfect example of that. UM.
Speaker 1: I also remember, you know, just recently when they tried
Speaker 1: to change UM some of these rules about the protocols
Speaker 1: and what's crypto broker things like that, and they opened
Speaker 1: up for comments UM and then they had so many comments.
Speaker 1: I saw, you know, coin Center and so so forth
Speaker 1: put out a data. Let's say that they had no
Speaker 1: idea that they were going to get this type of
Speaker 1: a response and that they were overwhelmed, which you know,
Speaker 1: whatever crypto people or whatever. I don't know what the
Speaker 1: difference of bitcoin or crypto was, but they're just overwhelmed
Speaker 1: by the amount of people that came out in support
Speaker 1: of that, and I think they are taken back by that,
Speaker 1: and it seems like we're starting to see more and
Speaker 1: more politicians kind of running on this. I don't I
Speaker 1: don't know, I haven't haven't figured out how to divide
Speaker 1: the bitcoin and crypto, but running on this pro bitcoin
Speaker 1: or pro crypto, pro freedom money kind of movement. So
Speaker 1: I can help you very quickly with that one. I mean,
Speaker 1: the coordinated response to try to protect the crypto grift machine,
Speaker 1: that is, everything in the crypto space that's not Bitcoin,
Speaker 1: was basically because they have a ton of funding from
Speaker 1: all these crypto vcs that have been you know, dumping
Speaker 1: these these pump and dumps on retail and clipping the
Speaker 1: coupon on that making a lot of money on that. Um.
Speaker 1: So they have plenty of money to go and try
Speaker 1: to argue their case, which is why they have you know,
Speaker 1: Sam Bankman Freed has six million dollars spent on campaigns
Speaker 1: in the last cycle, and you know, these guys are
Speaker 1: trying to lobby to again get the CFTC to regulate
Speaker 1: crypto instead of the sec things like that. So they
Speaker 1: have plenty of money to argue for crypto. There's very
Speaker 1: little money to argue for bitcoin. And I think that
Speaker 1: was what we learned in when the infrastructure bill came
Speaker 1: out and had some of this stuff in there, and
Speaker 1: all of the crypto advocates and the blockchain groups and
Speaker 1: the crypto coin center types were perfectly willing to throw
Speaker 1: a Bitcoin under the bus and say that say things
Speaker 1: like running a lightning note is the same as being
Speaker 1: an ethereum staker, and all the sort of false narratives,
Speaker 1: uh to serve their own ends and keep their grift
Speaker 1: going as long as possible. Yeah, and and that's a
Speaker 1: big problem. And we saw I mean recently, you know
Speaker 1: with what SPF Sam BigMan Freeze come out with UM,
Speaker 1: you know, basically kind of lane lane Bitcoin down at
Speaker 1: the altar, so to speak, right like hey, fine, like
Speaker 1: get rid of the pow, like we'll comply with the
Speaker 1: with the green climate energy, you know, like let us
Speaker 1: keep this little kind of piece over here as long
Speaker 1: as we can kind of control it. UM. So we
Speaker 1: see that. But then also you know, so so there
Speaker 1: was a big pushback not just in money spent, but
Speaker 1: in the amount of people that that that said that UM.
Speaker 1: And then also I mean it looks like there's maybe
Speaker 1: at least a dozen, if not maybe a couple of
Speaker 1: dozen of pretty high ranking politicians. Um, we saw, but
Speaker 1: Patrick McHenry was like the head of the Republican head
Speaker 1: of the Financial Refutory Committee. I mean he specifically said
Speaker 1: no bitcoin and it can't be stopped, etcetera. Um, Cynthia
Speaker 1: Loomis name a couple. But I know what, Davidson, Yeah,
Speaker 1: I mean there's there's a handful that actually get bitcoin
Speaker 1: and are saying things the right way. There's unfortunately, more
Speaker 1: than half of them are really just trying to get
Speaker 1: campaign donations from cryptographs. So they say pro crypto blockchain
Speaker 1: things and talk about innovation that they don't understand because
Speaker 1: there isn't any and they're essentially just trying to get
Speaker 1: the money to flow into their district or their state
Speaker 1: or whatever. Um. So yeah, this is there's a big
Speaker 1: dichotomy there. There's some people that understand that this is
Speaker 1: freedom money and this is the best thing for America
Speaker 1: for the world is to switch to a bitcoin standard
Speaker 1: over time, and then there's a bunch of people that
Speaker 1: are just looking for the quick buck and you know,
Speaker 1: kind of the politics version of the Matt Damon Super
Speaker 1: Bowl ad for uh, you know, a scam website. Yeah,
Speaker 1: and that's a problem, right, especially for people that aren't
Speaker 1: super educated where they they want to be this like
Speaker 1: single issue voter. And so then you get in a
Speaker 1: situation like in New York right where uh, someone runs
Speaker 1: on a pro bitcoin platform and then they want to
Speaker 1: ban bitcoin mining and it's like wait a minute, like
Speaker 1: and so kind of trying to figure that out, but um, yeah,
Speaker 1: it is growing it It's sort of seems to me,
Speaker 1: Well then what about what about the bank? So you
Speaker 1: kind of framed up the war against the banks that
Speaker 1: was one of your three factions. But if you look at, um,
Speaker 1: you know a lot of the big financial institutions, Fidelity
Speaker 1: comes to top of mind, but you know, even Goldman, Sacks,
Speaker 1: et cetera, a lot of them have spent I would
Speaker 1: estimate hundreds of millions of not billions of dollars to
Speaker 1: bring bitcoin services, right. They want to they want to
Speaker 1: tap into it greedily, right, Um, And so they want
Speaker 1: to to offer bitcoin services because there's money to be
Speaker 1: made there. Um. Do they want to just let the
Speaker 1: government just take that away from them? With baby fighting
Speaker 1: for that? Listen, it's multi variat. There's so many things
Speaker 1: going on. The banks want to play a role in
Speaker 1: CBDC stuff. They wanna participate alongside Amazon and Google and
Speaker 1: all the venture firms in squeezing as much profit as
Speaker 1: they possibly can out of this, you know, crypto scam,
Speaker 1: bubble um, crypto, blockchain, magic, whatever um. And at the
Speaker 1: same time, obviously there are revenue streams associated with bitcoin
Speaker 1: as an asset and and increasingly, you know, especially the
Speaker 1: back half of this decade, I think bitcoin as payment rails.
Speaker 1: So there's a fight between firms and inside of firms,
Speaker 1: you know that bitcoin versus crypto versus the legacy system.
Speaker 1: Uh continues unabated. Yeah, you're listening to the Mark Moa Show.
Speaker 1: We're I'm sitting down with Corey Clipston from Swan Bitcoin.
Speaker 1: We're talking about the race to avoid war, framing up
Speaker 1: what the war is, and I want to get into
Speaker 1: when we come back, what we're going to do to
Speaker 1: help advance that. We're back in a minute. Don't go away,
Speaker 1: all right, welcome back. You are listening to the Mark
Speaker 1: Moa Show talking about the decentralized Revolution, and we're talking
Speaker 1: about bitcoin and the race to avoid war. I'm sitting
Speaker 1: down with Corey Clipston um from swan Bitcoin. Check them out.
Speaker 1: They are a bitcoin company helping people get bitcoin very easy.
Speaker 1: I love how you can buy bitcoin on swan Bitcoin
Speaker 1: and have a delivered directly to your cold storage. That
Speaker 1: limits the risk out of that. So check that out.
Speaker 1: And the upcoming Pacific Bitcoin Conference happening in my backyard
Speaker 1: here in southern California and two weeks check that out
Speaker 1: Pacific Bitcoin dot Com. Now Corey um so so framing
Speaker 1: up this war, we talked about the factions. Um, the
Speaker 1: war is escalating because of what the Biden administration executive
Speaker 1: orders have done, etcetera. We also have um, the banks
Speaker 1: and politicians. Some are kind of in it for their
Speaker 1: own greedy reasons. Some are, you know, kind of there.
Speaker 1: The one thing that I think we kind of also
Speaker 1: have going on on the bitcoin side is that, you know,
Speaker 1: when the government, when the Biden administration comes out and
Speaker 1: starts talking about clamping down on guns, gun cells go
Speaker 1: through the roof, and it seems like the governments are
Speaker 1: almost doing bitcoin marketing in a sense where like you
Speaker 1: have the Trucker protest right and like they start seizing
Speaker 1: people's money and all of a sudden, people are like, oh, shoot,
Speaker 1: that money in the bank isn't safe. Maybe I should
Speaker 1: think about bitcoin. And so all of a sudden, bitcoin
Speaker 1: kind of came to the forefront of people's minds, and
Speaker 1: it seems like, um, you know, like people would say, well,
Speaker 1: they'll just make it illegal, and I'm like, well, like
Speaker 1: the war on drugs, Uh, since ninety one, since the
Speaker 1: da was formed, drugs have only gotten bigger and bigger.
Speaker 1: And when the government tells you not to do drugs,
Speaker 1: it doesn't make me want to do them. But if
Speaker 1: the government tells me I don't have the right to
Speaker 1: keep my wealth in a way they can't steal or
Speaker 1: manipulate from me, it sort of makes me want to
Speaker 1: do that. Do you think that maybe the more they
Speaker 1: try to crack down and shove a cbc D down
Speaker 1: our throats, maybe that actually highlights and pushes the need
Speaker 1: for a bitcoin. I mean, I know you need it,
Speaker 1: needs I know you believe it pushes the need more it. Yeah,
Speaker 1: I think CBDCs, if they roll out in any major economy,
Speaker 1: will ring the alarm bell. So I think what you'll
Speaker 1: see is, let's say, if CBDC rolls out in central
Speaker 1: bank digital currency, where the literally the central bank controls
Speaker 1: the whole damn thing, and there's no banks in between,
Speaker 1: and they can just like put money in your wallet
Speaker 1: or take it away or create rules like you know,
Speaker 1: you can use it on yogurt but not on ice
Speaker 1: cream things like that. Um. So if that rolls out
Speaker 1: in some in an economy like the UK, and Americans
Speaker 1: are looking across the drink at something like that, I
Speaker 1: think you would basically see all the conservatives and constitutionalists
Speaker 1: and libertarians just go absolutely nuts and and get orange
Speaker 1: pilled very very quickly, kind of the way all the
Speaker 1: macro people found a bitcoin in UH after the COVID crash.
Speaker 1: I think that would be that same kind of thing.
Speaker 1: If you actually started to see a a really nasty,
Speaker 1: you know, CCP style CBDC roll out in a Western nation,
Speaker 1: especially in economy of some size, I think that would
Speaker 1: be the wake up call to the UH the you know,
Speaker 1: sort of freedom minded organizations and and swass of the
Speaker 1: political spectrum in the USA. Yeah. Yeah, and so we're
Speaker 1: definitely going to see that. I saw I was talking
Speaker 1: about earlier, um, this article from the I m F.
Speaker 1: I'm talking about how central bank digital currencies would let
Speaker 1: governments control what people spend money on. Right, That's what
Speaker 1: they said, and uh Neil Kasharski, president of the Federal
Speaker 1: Reserve Bank of Minneapolis, wrote quote, I can see how
Speaker 1: China is for this. I don't see how Americans would
Speaker 1: want this. And so we all went from big neo
Speaker 1: cash Cary haters a couple of years ago to being
Speaker 1: big Neil fans a couple of months ago when he
Speaker 1: tweeted that out. Um, yeah, he's got that right, he
Speaker 1: nailed it. This is this is marching into the arms
Speaker 1: of tyranny and the worst dreams of science fiction writers
Speaker 1: of the sixth season seventies. If you go this this way,
Speaker 1: this is not the American way. Yeah, it also seems.
Speaker 1: And so you framed up these different factions, right, so
Speaker 1: you have the banks and let's just talk about the
Speaker 1: the banks and the Federal Reserve. Um. I had I
Speaker 1: had done a YouTube video a while back, a month
Speaker 1: or two ago, um talking about this kind of from
Speaker 1: a different angle, which was just like this this ultimate war,
Speaker 1: this ultimate showdown where the central banks don't want to
Speaker 1: give up control over money, which we would all agree on, Um,
Speaker 1: which central bank wants to give up control of money. So, um,
Speaker 1: it seems like you have like this euro Davos ECB group,
Speaker 1: which kind of the Obama Biden administration is going along
Speaker 1: with that. Um, which then they have this whole Green
Speaker 1: Transition initiative which they want to spend a hundred and
Speaker 1: fifty trillion dollars over the next thirty years, which would
Speaker 1: then crush the currencies to print that much more. And
Speaker 1: then the FED seems to be fighting act like does
Speaker 1: the Fed want to give up control over the dollar
Speaker 1: to the e c B. So you kind of have
Speaker 1: this in fighting. But then at the same time you
Speaker 1: have the bank. So in the United States we still
Speaker 1: have like the Federal Reserve, and then we have these
Speaker 1: independent banks, right, and so the banks don't want to
Speaker 1: give up control over the money either, And so you
Speaker 1: have like the banks fighting against the Fed, the FED
Speaker 1: fighting against the ECB. Maybe they have enough on their
Speaker 1: hands to worry about. Well, I think I think it's
Speaker 1: probably it's a mistake to say, hey, these are the adversaries.
Speaker 1: What it really is about is there are people, governments
Speaker 1: and companies that do things that help bitcoin adoption and
Speaker 1: help us run faster. And there are people governments and
Speaker 1: companies that do things that hurt bitcoin adoption and make
Speaker 1: us run slower, and that increases the likelihood that a
Speaker 1: war on bitcoin and bitcoiners takes place, and it uh
Speaker 1: basically brings it further forward that it could happen sooner,
Speaker 1: you know, so basically makes it harder for us to
Speaker 1: win this race if it if the war comes sooner
Speaker 1: with more force. And so there can be people governments
Speaker 1: and companies that do a bit of both. As you
Speaker 1: were noting, there are people, there are companies and banks
Speaker 1: that are making it easier to buy a bitcoin while
Speaker 1: also participating in all this anti bitcoin stuff out the
Speaker 1: other side. Like I've got a I've got a bank's
Speaker 1: venture arm trying to invest in Swan at the same
Speaker 1: time as their you know, commercial banking division dropped us
Speaker 1: yesterday morning with no notice, no email, no phone call, note,
Speaker 1: like nothing. That thing is like funded to make payroll
Speaker 1: at the end of the month, and they took our
Speaker 1: you know, half mill that was in that account and
Speaker 1: just sent it into the ether. And I have to
Speaker 1: go like hunt it down, and they're going to mail
Speaker 1: a check to my old home address that I haven't
Speaker 1: lived in in two years, you know, fifteen days from now,
Speaker 1: and and you can't talk to them, You can't get
Speaker 1: them to wire the money, you can't go pick it
Speaker 1: up at a branch. You can't get them to send
Speaker 1: it to the right address. It has to go to
Speaker 1: the old address, get returned, then they can send it
Speaker 1: to a new address. And a couple of months and
Speaker 1: until then, you know, a growing tech company doesn't have
Speaker 1: their half mill And and again we got shut down
Speaker 1: with zero notice. So I think every time you interact
Speaker 1: with with the banks, and you see, I mean like
Speaker 1: they're not aligned. There's people inside this bank that love
Speaker 1: bitcoin or they're pushing it hard, but another division is
Speaker 1: doing stuff like this. So, like I said, I think
Speaker 1: there are there are fights within governments, there are fights
Speaker 1: within banks, and there are fights you know on the
Speaker 1: individual level. Two right, there are there are people that
Speaker 1: really like bitcoin that don't quite understand yet what their
Speaker 1: crypto activities are doing. Two increase the chance of a
Speaker 1: war on bitcoin and and decrease you know, the chance
Speaker 1: of us of us not having to fight a war,
Speaker 1: you know, or our children being able to enjoy a
Speaker 1: post bitcoin eyes future and the prosperity and freedom that
Speaker 1: comes with that, or you know, maybe just don't make
Speaker 1: the connection that their actions promoting crypto scams uh is
Speaker 1: increasing the chance that some country lives through an episode
Speaker 1: of hyperinflation that that wouldn't happen under bitcoin. So I
Speaker 1: think it's it's incumbent upon each of us two come
Speaker 1: to an understanding like this, however you get to it,
Speaker 1: or however you end up framing it for yourself. But
Speaker 1: you know, everything that the Privacy and no k y
Speaker 1: C bitcoin faction does is making Bitcoin look harder to
Speaker 1: attack every time somebody sets up, you know, a mining
Speaker 1: operation in the hinterlands of some country on the other
Speaker 1: side of the world to make Bitcoin harder to attack.
Speaker 1: And so you're kind of hitting it from both sides.
Speaker 1: We're pushing adoptions super hard here in the West with Swan,
Speaker 1: while at the same time very much supporting through you know,
Speaker 1: like my venture activities and just kind of promoting on
Speaker 1: all our media channels whatever we can about people that
Speaker 1: make the bitcoin look hard or two attack. Everyone's working
Speaker 1: in concert. If you look at you know, are you
Speaker 1: doing something that's good for bitcoin and helping us win
Speaker 1: the race, or are you doing something that's you know,
Speaker 1: bad for bitcoin and making it harder to win the
Speaker 1: race and thus bring about a war on bitcoin. Yeah, uh,
Speaker 1: you're if you're just tune in and listening to the
Speaker 1: Mark mo Show. We're talking with Corey Clipston from Swan
Speaker 1: Bitcoin talking about the race to avoid war. This is
Speaker 1: the inevitable showdown of what we want to use as money.
Speaker 1: We're gonna be back with more in a minute. I
Speaker 1: want to talk about what we can do to speed
Speaker 1: it up to win that race. You want to talk
Speaker 1: about some of these concrete things and maybe talk about
Speaker 1: some time frames. Will speculate a little bit. We're back
Speaker 1: with that and more in a minute. Don't go away,
Speaker 1: We'll be right back. All right, Welcome back. You are
Speaker 1: listening to the Mark moa Show, sitting down today with
Speaker 1: Corey Clipston from Swan Bitcoin, and we are discussing the
Speaker 1: race to avoid war. We're talking about the inevitable showdown
Speaker 1: with money and us having the freedom to be able
Speaker 1: to choose what money we want to use. That gives
Speaker 1: a the freedom of privacy that allows us to then
Speaker 1: be able to transact. I like to say that without
Speaker 1: the freedom of payments, there is no freedom at all. Period.
Speaker 1: A lot of people haven't really taken the time to
Speaker 1: think through that. But we know that the powers that be,
Speaker 1: whatever facts should you want to frame up, they don't
Speaker 1: want to give up the control over money. It's been
Speaker 1: the probably one of the oldest battles in in mankind.
Speaker 1: You know, Corey is with a swan bitcoin um. Also,
Speaker 1: we're talking about the Pacific Bitcoin Conference coming up in
Speaker 1: about two weeks here in southern California. Check it out
Speaker 1: Pacific Bitcoin dot Com. Some of the biggest speakers in
Speaker 1: the space, Michael Sailor, Alex Epstein, Lenld and Jeff Booth,
Speaker 1: Robert Breedlove, Preston Pish, and of course myself and Corey
Speaker 1: will be there. Come check it out Pacific Bitcoin dot Com.
Speaker 1: But Corey, let's talk about UM. Let's talk about this
Speaker 1: bat a little bit and and maybe some of the
Speaker 1: things that we can do now. I'm hopeful and maybe
Speaker 1: I'm just as humans, we have to be aware of
Speaker 1: our own biases, right and I'm an I've an optimist.
Speaker 1: Is optimism biased? I know I have to kind of
Speaker 1: check app But like I said earlier, like they're almost
Speaker 1: doing the marketing for us. I see h Augustine Carston's
Speaker 1: from the b I S he said, quote absolute, he said,
Speaker 1: the central banks will have quote absolute control over the
Speaker 1: rules and regulations that will determine the use of that
Speaker 1: expression of central bank liability. And then we'll also have
Speaker 1: the technology to enforce it. So absolute control. And so
Speaker 1: my hope, my optimism biases that as more people see
Speaker 1: these things, are gonna wake up and realize like how
Speaker 1: bad this is. But they're on their path and hopefully
Speaker 1: maybe there's some in fighting that slows them down along
Speaker 1: the way and we get a couple um congressman, senators,
Speaker 1: etcetera slow it down. But I know you were kind
Speaker 1: of focused on getting this uh ten million number needed
Speaker 1: or number needed. I mean, what what what does the
Speaker 1: average person do to really kind of help win this
Speaker 1: war or the race to the war? Yeah, so to
Speaker 1: to to win this adoption race, and let's avoid this
Speaker 1: are on bitcoin that again I don't think is inevitable.
Speaker 1: There's an inevitable switch over to bitcoin. It's just a
Speaker 1: question of when it actually of course, And you know
Speaker 1: you wanted to talk about sort of timelines and for
Speaker 1: not prognostications like I think it can happen as fast
Speaker 1: as like and that bitcoin can be established as you know,
Speaker 1: a mature store of value market cap will be you know,
Speaker 1: probably north of fifty trillion trillions something like that, and
Speaker 1: a widely used medium of exchange, and at minimum another
Speaker 1: unit of account, probably global where you may still have
Speaker 1: some existing fiat currencies like the dollar. Euro is probably gone,
Speaker 1: but yeah, and it's probably still around maybe the un
Speaker 1: UM and you know, the price tag would also have
Speaker 1: Satoshi's on it. Um. So that's what I think will
Speaker 1: happen if we win the adoption. I would I would
Speaker 1: say I would probably speed I'm going to speed that
Speaker 1: up a little bit. I think. I think by the
Speaker 1: end of the decade, I think we get there. And
Speaker 1: the reason why is, I mean just looking at S curve, right,
Speaker 1: So S curve measures like a technology adoption rates. Yeah,
Speaker 1: typically is kind of kind of full adoption, right, So
Speaker 1: if you look at the telephone, the color TV, the
Speaker 1: black and white TV, the washer machine, etcetera. So typically
Speaker 1: the time it takes go from zero to ten percent,
Speaker 1: at the time it takes go from ten to ninety
Speaker 1: and so we probably hit about ten percent adoption by
Speaker 1: two thousand nineteen, and so maybe by maybe we get
Speaker 1: to that number. Um, we're all looking in a crystal ball,
Speaker 1: we don't have. I've been I've been talking about this
Speaker 1: quite a lot this year as well, and in particular
Speaker 1: because I I realized that I didn't think it actually
Speaker 1: fit technology adoption curves. And there's a book written by
Speaker 1: Carlotta Perez back in two thousand two called Technological Revolutions
Speaker 1: and Financial Capital, and I took it with me for
Speaker 1: the summer and re read it over the summer. I
Speaker 1: hadn't probably read it since I think I read it
Speaker 1: for the first time in or something like that. And uh,
Speaker 1: I think bitcoin is one of these things that comes
Speaker 1: along every like, you know, thirty to eighty years, so
Speaker 1: the last one being the start of the information revolution,
Speaker 1: which she at least marks as the first intel chip
Speaker 1: rolling off of a fab in one, and then before
Speaker 1: that the first model t rolling off. So that was
Speaker 1: the the age of mass production. So whenever in the
Speaker 1: nineteen o six or something like that, and before that,
Speaker 1: you know, industrial revolution and before that steam right, So
Speaker 1: I think it's something about every fifty years. Yeah, it
Speaker 1: could be a lot bigger. Yeah, So in in what
Speaker 1: distinguishes a technological revolution from a single technology that made
Speaker 1: you know, social media, Hey, there's an industry vertical that
Speaker 1: got created right, and it had a technology adoption curve.
Speaker 1: A technological revolution has an adoption curve that actually changes
Speaker 1: all industries. And I can't think of anything that fits
Speaker 1: that better than changing the money for all industries. And
Speaker 1: so I think bitcoin is much much bigger than iPads
Speaker 1: or the internet, you know, consumer Internet or something like that.
Speaker 1: I think it's I think it's bigger, and I think
Speaker 1: it's more like on the order of the information revolution
Speaker 1: or the age of mass production or something like that.
Speaker 1: So I am kind of thinking that this, I think
Speaker 1: is like aggressive but possible, and it's probably even without
Speaker 1: fighting a war. You're probably looking at bitcoin being everywhere
Speaker 1: by and it could be delayed significantly by decades, maybe
Speaker 1: even to the next century. If we let the crypto
Speaker 1: scammers have their way, if we let the CBDC scammers
Speaker 1: have their way, if we let the banks do what
Speaker 1: they've always done and just kind of like ride rough
Speaker 1: shot over the people. Um, you know, we need to
Speaker 1: fight for this thing. And you asked, you know, what
Speaker 1: can any individual person do, like educate yourself and find
Speaker 1: your list of resources to help your friends. You know,
Speaker 1: I always give away swan dot com slash free book,
Speaker 1: which is in my view, the best book ever written
Speaker 1: on bitcoin, Inventing Bitcoin by Yon Pritzker. Um. I think
Speaker 1: the Bitcoin Canon is an amazing resource. So this is
Speaker 1: bitcoiners that have been around for a long time putting
Speaker 1: together there go to list of resources on different topics,
Speaker 1: which would be like bitcoin and macro bitcoin and energy
Speaker 1: bitcoin one oh one, bitcoin and privacy things like that.
Speaker 1: So that's a Swan dot com slash canon C A
Speaker 1: N O N and you can see, you know, what
Speaker 1: Matt O'Dell has to say about a topic or safety,
Speaker 1: and or Stefan Lavera or len Aldon on different topics
Speaker 1: that they're passionate about, and they've sat down and created
Speaker 1: a curated list of resources on that topic for you
Speaker 1: to dive into. And I find that to be one
Speaker 1: of the best. Those are like the best links that
Speaker 1: you can send people new to bitcoin because they can
Speaker 1: find somebody that they like and they trust, and then
Speaker 1: you can send them what that person has to say
Speaker 1: about what's important in bitcoin. Yeah, it's always through education,
Speaker 1: you know. I constantly, uh I constantly just recite the
Speaker 1: quote for um Samuel Adams and said it doesn't take
Speaker 1: a majority to prevail, but rather a small irate minority
Speaker 1: keen on something brush fires in the minds of men,
Speaker 1: and that brush fire is that educational piece, like waking
Speaker 1: people up to these things. And I like to tell
Speaker 1: people to like, don't just don't just receive this information
Speaker 1: that you and I are discussing, or I do on
Speaker 1: my shows or you do on other shows, Like, don't
Speaker 1: just don't just receive it, but like, go discuss it
Speaker 1: with somebody else, right, go share it and just create
Speaker 1: a discussion about it. Spark that creativity, sparked that brush fire,
Speaker 1: and it just continues to spread and spread and spread. Yeah,
Speaker 1: you're you're so right about finding somebody to discuss it with.
Speaker 1: And I think it's probably been like a year since
Speaker 1: I said this this U r L on air somewhere,
Speaker 1: and I don't know why I stopped, but like, there
Speaker 1: are I think Telegram is probably the place where the
Speaker 1: best bitcoin discussions happen other than in public on Twitter.
Speaker 1: And so if you download Telegram, then in any browser
Speaker 1: you can just put t dot me slash swan bitcoin
Speaker 1: and in there are like thousands of people that are
Speaker 1: just talking about bitcoin topics and discussing bitcoin and helping
Speaker 1: each other learn about bitcoin and sending tips to each
Speaker 1: other and new resources and links, and a lot of
Speaker 1: the top people in bitcoin that that come on our shows,
Speaker 1: like Mark and and Uh and Land and a lot
Speaker 1: of these folks will be in there and you can
Speaker 1: actually just ask them questions in real time. So yeah,
Speaker 1: I think conversation is a big part of it. Um.
Speaker 1: I should mention, by the way, since you mentioned the
Speaker 1: conference a couple of times, use code swan s w
Speaker 1: a N for off of tickets And if you're down
Speaker 1: for the v i P experience, there's an amazing v
Speaker 1: i P party on the evening of the first night,
Speaker 1: and then there's a beach mansion rap party on the
Speaker 1: twelfth on Saturday that is also part of the v
Speaker 1: i P experience. So I think it's uh, it's a
Speaker 1: heck of a deal for people that want to kind
Speaker 1: of upgrade their conference experience and use code swan either way, Yep,
Speaker 1: for sure, Pacific Bitcoin dot Com. I'm gonna be there
Speaker 1: hanging out. Um. It's probably cold somewhere wherever you're at
Speaker 1: in some part of the part of the world, and
Speaker 1: November is an amazing time to be in southern California,
Speaker 1: is some of the best weather of the year and
Speaker 1: not the summer, it's the fall, so come to Pacific
Speaker 1: bitcoin dot com check it out. You're listening to the
Speaker 1: Markmas Show, sitting down with Corey Klipston from Swan Bitcoin.
Speaker 1: Thanks for listening.