1 00:00:00,040 --> 00:00:02,120 Speaker 1: Hello, and welcome back. You are listening to another episode 2 00:00:02,120 --> 00:00:04,920 Speaker 1: of the Markmas Show, where we talk about the decentralized 3 00:00:04,920 --> 00:00:06,600 Speaker 1: revolution each and every week, the way the world is 4 00:00:06,640 --> 00:00:10,719 Speaker 1: swinging from centralization to decentralization. Of course, we look at 5 00:00:10,720 --> 00:00:13,320 Speaker 1: it through the lens of politics, finance, and technology. That 6 00:00:13,400 --> 00:00:18,280 Speaker 1: technology being the decentralized technology. We're talking about bitcoin, We're 7 00:00:18,280 --> 00:00:21,760 Speaker 1: talking about cryptocurrencies, and that is changing the world right 8 00:00:21,760 --> 00:00:24,200 Speaker 1: before our very eyes. You know, I try to bring 9 00:00:24,239 --> 00:00:27,040 Speaker 1: to you, you know, some things, some some education so 10 00:00:27,120 --> 00:00:29,440 Speaker 1: you can see things and understand things differently. And I 11 00:00:29,520 --> 00:00:31,480 Speaker 1: like to bring to you some of the latest breaking 12 00:00:31,560 --> 00:00:33,440 Speaker 1: news and headlines so you can stay up to date 13 00:00:33,920 --> 00:00:36,200 Speaker 1: as this all plays out, so you can stay one 14 00:00:36,240 --> 00:00:38,400 Speaker 1: step ahead, or as we call it, the investing world 15 00:00:38,440 --> 00:00:42,840 Speaker 1: front running this information if you get it first. And man, 16 00:00:43,120 --> 00:00:44,920 Speaker 1: there's no shortage of stuff happening in the world is 17 00:00:45,000 --> 00:00:47,959 Speaker 1: changing rapidly right before our eyes. And one thing that 18 00:00:48,280 --> 00:00:52,280 Speaker 1: really really really changed the entire world's kind of a 19 00:00:52,400 --> 00:00:56,880 Speaker 1: landscape specifically, Um, well, it's both it's political, it's financial, 20 00:00:56,880 --> 00:01:00,560 Speaker 1: and it's technology. Um. In China, um, they have been 21 00:01:00,840 --> 00:01:03,279 Speaker 1: you know, they they manufacture a lot of a lot 22 00:01:03,280 --> 00:01:07,080 Speaker 1: of the technology and China has been manufacturing the bitcoin 23 00:01:07,600 --> 00:01:11,959 Speaker 1: mining computers, and so they've also they've also been running 24 00:01:11,959 --> 00:01:13,720 Speaker 1: a lot of those bitcoin mining computers. They had cheap 25 00:01:13,800 --> 00:01:20,280 Speaker 1: energy there in China, and last year they had over 26 00:01:20,360 --> 00:01:24,560 Speaker 1: fifty percent, maybe as much as sixty percent of the 27 00:01:24,600 --> 00:01:29,320 Speaker 1: bitcoin mining network in China. And China has been trying 28 00:01:29,319 --> 00:01:31,080 Speaker 1: to ban bitcoin for a long time. As a matter 29 00:01:31,080 --> 00:01:33,479 Speaker 1: of fact, I think they've banned it at least seven times. 30 00:01:33,480 --> 00:01:34,640 Speaker 1: I don't have them all up in front of me 31 00:01:34,760 --> 00:01:36,800 Speaker 1: right now. I think at least seven times. And they've 32 00:01:36,800 --> 00:01:39,680 Speaker 1: banned it for people, they banned for exchanges, they banned 33 00:01:39,680 --> 00:01:42,520 Speaker 1: it for for mining, et cetera. And so they banned it. 34 00:01:42,560 --> 00:01:44,200 Speaker 1: It was like the final band. It's like, okay, we've 35 00:01:44,200 --> 00:01:45,839 Speaker 1: banned everything now at this point, and all the miners 36 00:01:45,880 --> 00:01:48,160 Speaker 1: had to pack up and move. The United States is 37 00:01:48,160 --> 00:01:50,680 Speaker 1: one of the biggest beneficiaries of that. Most of us 38 00:01:50,760 --> 00:01:52,640 Speaker 1: come back to the United States. It's also moved over 39 00:01:52,680 --> 00:01:54,880 Speaker 1: into Europe as well. I think I don't have the 40 00:01:54,920 --> 00:01:56,720 Speaker 1: data in front of me. I think the US now 41 00:01:56,800 --> 00:02:00,160 Speaker 1: controls over thirty percent of the network, which is good. 42 00:02:00,240 --> 00:02:02,200 Speaker 1: It's not as centralized as it was before with China 43 00:02:02,280 --> 00:02:07,280 Speaker 1: having but What I thought was interesting this week is 44 00:02:07,320 --> 00:02:10,120 Speaker 1: that a new report came out that had some pretty 45 00:02:10,160 --> 00:02:14,280 Speaker 1: shocking data for me. And again, China has banned bitcoin 46 00:02:14,760 --> 00:02:17,640 Speaker 1: at least seven times um. Last year they got rid 47 00:02:17,680 --> 00:02:20,120 Speaker 1: of all the bitcoin mining. And one of the big 48 00:02:20,200 --> 00:02:22,880 Speaker 1: questions I always get asked about bitcoin is, yeah, but 49 00:02:22,960 --> 00:02:25,520 Speaker 1: what if the government's make it illegal or um. Maybe 50 00:02:25,520 --> 00:02:27,200 Speaker 1: it's not even asked as a question, it's just said 51 00:02:27,200 --> 00:02:30,480 Speaker 1: as a defeated victim mentality, which is like, what's the 52 00:02:30,520 --> 00:02:33,679 Speaker 1: point the government is just going to make it illegal? Well, um, 53 00:02:33,720 --> 00:02:37,760 Speaker 1: I think everybody would agree that China is the I mean, 54 00:02:37,840 --> 00:02:40,280 Speaker 1: it's a communist country, right, It's in the name CCP right, 55 00:02:41,240 --> 00:02:44,880 Speaker 1: Commonist Chinese Party, so it's a communist party. They control everything. 56 00:02:45,160 --> 00:02:48,280 Speaker 1: They control the internet. They have the Great Firewall of China, right, 57 00:02:48,320 --> 00:02:50,360 Speaker 1: so people in China aren't allowed to go onto Facebook 58 00:02:50,440 --> 00:02:53,160 Speaker 1: or Google or YouTube or any of that. They get 59 00:02:53,200 --> 00:02:55,080 Speaker 1: around it with VPNs and whatnot, but they're not allowed 60 00:02:55,120 --> 00:02:58,320 Speaker 1: to access to any of that. So they're the most restrictive, 61 00:02:58,400 --> 00:03:00,560 Speaker 1: the most control of the command of onomy. With a 62 00:03:00,639 --> 00:03:03,760 Speaker 1: great firewall, They've banned bitcoin over and over and over 63 00:03:03,800 --> 00:03:05,600 Speaker 1: and over. They got rid of all the bitcoin mining, 64 00:03:05,800 --> 00:03:08,560 Speaker 1: and it's gone. Finally the seventh or eighth time, finally 65 00:03:08,560 --> 00:03:11,840 Speaker 1: it's done. It's done. It's done right, not so quick. 66 00:03:12,520 --> 00:03:16,080 Speaker 1: A new chain Analysis reports, so chain Analysis is a company. 67 00:03:16,080 --> 00:03:20,400 Speaker 1: They used like ai AI software technology to um go 68 00:03:20,480 --> 00:03:23,880 Speaker 1: across all the blockchain. So blockchains are typically open and 69 00:03:23,919 --> 00:03:27,080 Speaker 1: somewhat transparent, so they can use this software to go 70 00:03:27,160 --> 00:03:28,920 Speaker 1: and look at all this and they can tie it 71 00:03:28,960 --> 00:03:31,600 Speaker 1: all back to transactions to kind of get some idea 72 00:03:31,639 --> 00:03:34,560 Speaker 1: of what this data is telling them in A new 73 00:03:34,639 --> 00:03:39,920 Speaker 1: Chain Analysis report shows last year's ban has not prevented 74 00:03:39,960 --> 00:03:43,600 Speaker 1: the Chinese from using bitcoin, as the country's returned to 75 00:03:43,640 --> 00:03:48,800 Speaker 1: the global adoption ranks in the top ten. Wow. So 76 00:03:49,360 --> 00:03:53,000 Speaker 1: the most restrictive company country in the world, the Chinese 77 00:03:53,000 --> 00:03:56,600 Speaker 1: Communist Party with the Great Firewall. They've banned it seven 78 00:03:56,640 --> 00:03:58,680 Speaker 1: eight times, they kicked all the bitcoin miners out, but 79 00:03:58,760 --> 00:04:00,520 Speaker 1: yet here they are back up on the countries with 80 00:04:00,560 --> 00:04:04,720 Speaker 1: the highest level of bitcoin and cryptocurrency adoption in the world. 81 00:04:06,440 --> 00:04:10,200 Speaker 1: It says Vietnam leads the world in overall adoption, while 82 00:04:10,320 --> 00:04:16,440 Speaker 1: India has the highest number of centralized purchases. Blockchain analytics 83 00:04:16,440 --> 00:04:20,680 Speaker 1: firm Chain Analysis has released its two global cryptocurrency Adoption Index. 84 00:04:20,760 --> 00:04:22,320 Speaker 1: So if you want to go check out this data 85 00:04:22,360 --> 00:04:23,760 Speaker 1: on your own, Remember I always like to bring you 86 00:04:23,800 --> 00:04:25,800 Speaker 1: the data, right, I can give you opinions all day. 87 00:04:26,000 --> 00:04:27,480 Speaker 1: I want to give you the receipts. So if you 88 00:04:27,520 --> 00:04:30,400 Speaker 1: want to look up in these data to search Global 89 00:04:30,480 --> 00:04:33,800 Speaker 1: Cryptocurrency Adoption Index. But I'm gonna give you the key 90 00:04:33,839 --> 00:04:38,200 Speaker 1: points here. Basically, they detailed the global usage of bitcoin 91 00:04:38,200 --> 00:04:41,599 Speaker 1: and cryptocurrencies in this formula, and they they rank them 92 00:04:41,600 --> 00:04:43,520 Speaker 1: based off this formula. I'm not gonna dig deep into that, 93 00:04:43,560 --> 00:04:48,160 Speaker 1: but basically, uh, one of the biggest alarming, the biggest 94 00:04:48,200 --> 00:04:53,279 Speaker 1: shocking facts, the staggering information is that again China, after 95 00:04:53,400 --> 00:04:55,760 Speaker 1: all the attempts they have done, they haven't been able 96 00:04:55,800 --> 00:04:57,520 Speaker 1: to ban As a matter of fact, last year's ban 97 00:04:58,160 --> 00:05:01,240 Speaker 1: um happened. But now it's back there, back in the 98 00:05:01,279 --> 00:05:05,360 Speaker 1: top ten countries in the world for adoption. The US 99 00:05:05,440 --> 00:05:09,720 Speaker 1: has risen to five where it was previously ranked eight. 100 00:05:09,880 --> 00:05:13,120 Speaker 1: So we think about um, it being a US centric thing, 101 00:05:13,839 --> 00:05:17,000 Speaker 1: and again what if the government makes it illegal. And 102 00:05:17,120 --> 00:05:20,200 Speaker 1: of course the Biden administration put together an executive order 103 00:05:20,520 --> 00:05:22,240 Speaker 1: to come out with this task force to come up 104 00:05:22,279 --> 00:05:25,280 Speaker 1: with all these things about ways they can regulate cryptocurrencies, 105 00:05:25,640 --> 00:05:27,520 Speaker 1: and so the US wants to do it as well, 106 00:05:27,920 --> 00:05:30,360 Speaker 1: and what if they make it illegal. Well, the U 107 00:05:30,440 --> 00:05:33,120 Speaker 1: s is was eighth in the world. There's a lot 108 00:05:33,160 --> 00:05:36,000 Speaker 1: of countries out there. Per the U in there's like 109 00:05:36,040 --> 00:05:39,640 Speaker 1: over a hundred and sixty countries. No, obviously not as 110 00:05:39,640 --> 00:05:42,960 Speaker 1: big as the United States. But the point is the 111 00:05:43,000 --> 00:05:47,480 Speaker 1: potentially the government could make it illegal for US citizens 112 00:05:47,560 --> 00:05:50,719 Speaker 1: to own it, but they can't stop it. If China 113 00:05:50,760 --> 00:05:53,000 Speaker 1: can't stop it, there's no hope that any other nation 114 00:05:53,080 --> 00:05:56,760 Speaker 1: can stop it for that matter. But even again, even 115 00:05:56,760 --> 00:05:59,520 Speaker 1: if the US did, uh, it's still alive and well 116 00:05:59,520 --> 00:06:00,840 Speaker 1: and the rest of the world. Like I said that, 117 00:06:00,960 --> 00:06:02,760 Speaker 1: the US was ranked eighth and now it's moved up 118 00:06:02,760 --> 00:06:04,760 Speaker 1: to fifth. Now, a couple of things I saw on 119 00:06:04,800 --> 00:06:08,000 Speaker 1: this report UM that I think are important. So one, 120 00:06:09,200 --> 00:06:14,880 Speaker 1: it shows that overall adoption has has slowed worldwide in 121 00:06:14,960 --> 00:06:17,640 Speaker 1: the bear markets. So what do I mean? So UM 122 00:06:17,720 --> 00:06:22,000 Speaker 1: cryptocurrencies had their peak in November one. Since then they've 123 00:06:22,080 --> 00:06:26,279 Speaker 1: drawn down a lot. Bitcoin is down I don't know 124 00:06:26,320 --> 00:06:32,120 Speaker 1: six at least from that point. Other cryptocurrencies are down 125 00:06:32,200 --> 00:06:37,800 Speaker 1: seventy eight or more. And so since November UM we're 126 00:06:37,839 --> 00:06:40,880 Speaker 1: technically in a bear market technically, right, so we've fallen 127 00:06:40,920 --> 00:06:44,720 Speaker 1: that far. But what it shows is that UM global 128 00:06:44,760 --> 00:06:48,919 Speaker 1: adoption of cryptocurrency reached its current all time high in 129 00:06:49,279 --> 00:06:54,720 Speaker 1: quarter two. Quarter two would be April May, June, April 130 00:06:54,760 --> 00:06:58,400 Speaker 1: May and June. UM, that's when it reached its the 131 00:06:58,400 --> 00:07:01,279 Speaker 1: adoption reach its all time high. Ins then adoption has 132 00:07:01,360 --> 00:07:06,640 Speaker 1: moved in waves. It fell in quarter three when crypto 133 00:07:06,680 --> 00:07:10,080 Speaker 1: prices declined, and then it rebounded in quarter four when 134 00:07:10,080 --> 00:07:13,840 Speaker 1: we saw prices rebound to new all time highs. So 135 00:07:13,920 --> 00:07:16,840 Speaker 1: in quarter three UM it fell, quarter four bound bounce 136 00:07:16,880 --> 00:07:19,560 Speaker 1: back up, and so the prices went to new all 137 00:07:19,640 --> 00:07:22,440 Speaker 1: time highs and we saw adoption reach on all time hiyes, 138 00:07:22,480 --> 00:07:25,560 Speaker 1: of course, right, But it's important to note that global 139 00:07:25,560 --> 00:07:30,920 Speaker 1: adoption remains well above it's pre Bowl market levels. So 140 00:07:30,960 --> 00:07:34,400 Speaker 1: what it's saying is that we saw adoption reach a 141 00:07:34,480 --> 00:07:37,080 Speaker 1: new all time high UM when the price at an 142 00:07:37,080 --> 00:07:39,320 Speaker 1: all time high, and when the price dropped, the adoption 143 00:07:39,400 --> 00:07:42,400 Speaker 1: level dropped a little bit as well, but it's maintained 144 00:07:42,520 --> 00:07:47,800 Speaker 1: well above it's pre Bowl market levels. And I mean, 145 00:07:47,840 --> 00:07:49,840 Speaker 1: for that matter, Bitcoin as has as well. Right, So 146 00:07:50,280 --> 00:07:53,360 Speaker 1: UM in the March of bitcoin was at what thirty 147 00:07:53,400 --> 00:07:56,160 Speaker 1: eight hundred dollars three thousand, eight hundred and today so 148 00:07:56,240 --> 00:07:59,960 Speaker 1: it's twenty thousand. So bitcoin is also maintained its level 149 00:08:00,160 --> 00:08:03,720 Speaker 1: above that as well. Many of these those attracted by 150 00:08:03,800 --> 00:08:06,960 Speaker 1: rising prices twenty one stuck around and continue to invest 151 00:08:07,040 --> 00:08:10,680 Speaker 1: a significant chuck chunk of their assets in digital assets. 152 00:08:11,400 --> 00:08:15,280 Speaker 1: Another thing is that emerging markets dominate the index UM 153 00:08:15,320 --> 00:08:19,560 Speaker 1: and so Vietnam, Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya, 154 00:08:19,640 --> 00:08:23,960 Speaker 1: and Indonesia. And the reason why those adopted is because 155 00:08:23,960 --> 00:08:27,760 Speaker 1: their currencies are blowing up. They're literally witnessing double digit inflation, 156 00:08:29,520 --> 00:08:32,520 Speaker 1: eighty percent inflation, meaning their currencies are free falling so 157 00:08:32,640 --> 00:08:36,679 Speaker 1: fast that they're losing purchasing power so fast. I mean, 158 00:08:36,720 --> 00:08:38,440 Speaker 1: if you knew you were gonna lose eighty percent of 159 00:08:38,440 --> 00:08:41,320 Speaker 1: your purchasing power in your local currency, why not go 160 00:08:41,400 --> 00:08:45,360 Speaker 1: to cryptocurrency. It's gonna make it dropped too, but at 161 00:08:45,440 --> 00:08:47,480 Speaker 1: least you had a bit better chance maybe, And so 162 00:08:47,520 --> 00:08:52,640 Speaker 1: it makes sense when when countries have horrible currencies, people 163 00:08:52,679 --> 00:08:55,120 Speaker 1: are going to find adoptions for them, will see in 164 00:08:55,120 --> 00:08:58,720 Speaker 1: the emerging markets first. But it's also happening in the 165 00:08:58,800 --> 00:09:01,320 Speaker 1: United States as well, you're listening to the markmas Show. 166 00:09:01,360 --> 00:09:04,120 Speaker 1: We're talking about the Decentralized Revolution, talking about some of 167 00:09:04,120 --> 00:09:07,120 Speaker 1: the latest breaking news, UM that's happened over the week 168 00:09:07,440 --> 00:09:09,960 Speaker 1: that highlight how the world is changing. Of course, we 169 00:09:09,960 --> 00:09:13,760 Speaker 1: talked about it through the lens of politics, finance, and technology, 170 00:09:14,640 --> 00:09:18,000 Speaker 1: and even though the prices down of bitcoin, we know 171 00:09:18,080 --> 00:09:20,120 Speaker 1: that the adoption levels are up. That's a great report. 172 00:09:20,160 --> 00:09:22,120 Speaker 1: Hopefully enjoyed that. I got a lot more to cover 173 00:09:22,679 --> 00:09:25,000 Speaker 1: some breaking news this week that you definitely want to 174 00:09:25,000 --> 00:09:27,000 Speaker 1: know about, especially going into the midterm elections that are 175 00:09:27,000 --> 00:09:28,719 Speaker 1: coming up, So you don't want to miss what's coming 176 00:09:28,760 --> 00:09:31,240 Speaker 1: up next. Don't go away. I want to be right back. 177 00:09:31,840 --> 00:09:34,160 Speaker 1: All right, welcome back. You are listening to the markma Show. 178 00:09:34,160 --> 00:09:37,439 Speaker 1: We're talking about the decentralized Revolution, talking about the way 179 00:09:37,880 --> 00:09:41,360 Speaker 1: the world is changing right before our very eyes. Of course, 180 00:09:41,880 --> 00:09:44,120 Speaker 1: we look at it through politics, finance, and technology, and 181 00:09:44,160 --> 00:09:47,560 Speaker 1: I really like to focus on the intersection of those 182 00:09:47,600 --> 00:09:52,400 Speaker 1: three things and so they all work together obviously, right 183 00:09:52,440 --> 00:09:55,560 Speaker 1: It's like, um, the Federal Reserve, the central banks, you know, 184 00:09:55,559 --> 00:09:59,200 Speaker 1: they're being pressured by the political institutions, by the governments, 185 00:09:59,240 --> 00:10:02,360 Speaker 1: and so whether it's the European Union pressuring the ECB, 186 00:10:02,600 --> 00:10:04,800 Speaker 1: the European Central Bank, or it's the you know, the 187 00:10:04,880 --> 00:10:07,720 Speaker 1: US government pressuring the Federal Reserve or whatever he filmed 188 00:10:07,720 --> 00:10:10,400 Speaker 1: the blank. So it's very politically motivated. And of course, 189 00:10:10,720 --> 00:10:12,640 Speaker 1: whatever the central banks decided to do, the markets are 190 00:10:12,679 --> 00:10:14,680 Speaker 1: going to go up and down. So the political markets 191 00:10:14,679 --> 00:10:16,680 Speaker 1: are going to drive the financial markets, and then with 192 00:10:16,840 --> 00:10:18,760 Speaker 1: the technology that drives on top of that, so it's 193 00:10:18,760 --> 00:10:22,800 Speaker 1: all connected here. And uh uh we have in the 194 00:10:22,880 --> 00:10:25,800 Speaker 1: United States. Um, regardless of where you're in the world, 195 00:10:26,000 --> 00:10:30,000 Speaker 1: this matters to you because the US dollars the reserve 196 00:10:30,040 --> 00:10:32,920 Speaker 1: currency of the world. So whatever the whatever the US 197 00:10:32,960 --> 00:10:35,880 Speaker 1: government pressures the Federal Reserve to do, and then whatever 198 00:10:35,920 --> 00:10:38,000 Speaker 1: they do with the money affects you. No matter where 199 00:10:38,000 --> 00:10:40,760 Speaker 1: you're in the world. Even if your nation works off 200 00:10:40,760 --> 00:10:44,880 Speaker 1: a different type of currency, you're probably witnessing massive levels 201 00:10:44,880 --> 00:10:48,319 Speaker 1: of inflation because of what's happening with the U S dollars. 202 00:10:48,320 --> 00:10:50,560 Speaker 1: So all eyes are on the US markets, as they 203 00:10:50,600 --> 00:10:52,960 Speaker 1: should be. And I've been talking about I mean, there's 204 00:10:52,960 --> 00:10:54,920 Speaker 1: a lot of uncertainty in the air with what's happening 205 00:10:54,920 --> 00:10:57,120 Speaker 1: with the markets. Um, you know, we we had a 206 00:10:57,160 --> 00:11:00,400 Speaker 1: pretty big drop in you know, SMP five D, the NaSTA, etcetera. 207 00:11:00,480 --> 00:11:03,079 Speaker 1: And now we've bounced about a fift retracement, which is 208 00:11:03,200 --> 00:11:08,200 Speaker 1: textbook before the next crash comes down. And we don't know. 209 00:11:08,240 --> 00:11:10,480 Speaker 1: But one thing that we do know is all eyes 210 00:11:10,520 --> 00:11:13,160 Speaker 1: are on this mid term election that's coming up here 211 00:11:13,240 --> 00:11:17,400 Speaker 1: in November in the United States. It might be and 212 00:11:17,440 --> 00:11:19,439 Speaker 1: I know we say this a lot, and maybe because 213 00:11:19,440 --> 00:11:21,679 Speaker 1: it's always true, but this might be one of the 214 00:11:21,720 --> 00:11:26,640 Speaker 1: biggest elections that that will see. And the reason why 215 00:11:26,800 --> 00:11:31,920 Speaker 1: is because if the if the Democrat Party, which which 216 00:11:31,960 --> 00:11:35,440 Speaker 1: has control right now, if they can manage to get 217 00:11:35,480 --> 00:11:38,680 Speaker 1: more control or maintain the control they have, then for 218 00:11:38,720 --> 00:11:40,120 Speaker 1: the next two years, we're gonna be able to just 219 00:11:40,440 --> 00:11:44,120 Speaker 1: slam through anything they want. The way the government set 220 00:11:44,200 --> 00:11:48,120 Speaker 1: up is that we have um checks and balances, so 221 00:11:48,240 --> 00:11:52,760 Speaker 1: one side doesn't just ramrod everything through um. If we 222 00:11:52,840 --> 00:11:55,400 Speaker 1: can get the other party, the Republican Party, to get 223 00:11:55,440 --> 00:11:57,520 Speaker 1: more control back, then we're going to have those checks 224 00:11:57,520 --> 00:12:00,920 Speaker 1: and balances. Now, usually when it ms to voting, most 225 00:12:00,920 --> 00:12:04,160 Speaker 1: people are concerned only about themselves, which is a problem. Right. 226 00:12:04,200 --> 00:12:07,120 Speaker 1: The world used to be, uh the world. The United 227 00:12:07,160 --> 00:12:09,720 Speaker 1: States was founded by people who cared about other people 228 00:12:09,760 --> 00:12:13,040 Speaker 1: more than themselves. They came to this country, risking their 229 00:12:13,120 --> 00:12:17,480 Speaker 1: lives for the betterment of future generations. And and not 230 00:12:17,520 --> 00:12:20,199 Speaker 1: even that long ago, I mean even even I guess 231 00:12:20,240 --> 00:12:22,360 Speaker 1: even still today we might we have immigrants coming to 232 00:12:22,400 --> 00:12:24,800 Speaker 1: this country who are sacrificing everything and hoping for a 233 00:12:24,800 --> 00:12:27,319 Speaker 1: better life for them and for their for the future generations. 234 00:12:27,320 --> 00:12:30,880 Speaker 1: But really today, um, we see all our politicians like 235 00:12:30,960 --> 00:12:34,360 Speaker 1: Nancy Pelosi. Um, you know, she's gotten famously rich. She 236 00:12:34,440 --> 00:12:37,000 Speaker 1: beats every you know, every single hedge fund and and 237 00:12:37,000 --> 00:12:39,280 Speaker 1: and the best investors in the world. She beats them 238 00:12:39,360 --> 00:12:41,520 Speaker 1: because she has insider information. And so we see all 239 00:12:41,520 --> 00:12:43,720 Speaker 1: these people that just out for themselves, like Joe Biden, 240 00:12:43,760 --> 00:12:46,120 Speaker 1: you know, the big guy, big guy getting his kickbacks. Right, 241 00:12:46,120 --> 00:12:48,120 Speaker 1: Everyone's looking out for themselves, and so that kind of 242 00:12:48,160 --> 00:12:50,040 Speaker 1: sets the tone for the rest of the country. And 243 00:12:50,080 --> 00:12:51,440 Speaker 1: so we see the rest of the country of voting 244 00:12:51,559 --> 00:12:57,160 Speaker 1: for things that helped them as opposed to thinking about, um, 245 00:12:57,240 --> 00:12:59,200 Speaker 1: hey this this is good for me. Yeah, it gives 246 00:12:59,200 --> 00:13:01,040 Speaker 1: me a bunch more money, but what does that due 247 00:13:01,080 --> 00:13:03,679 Speaker 1: to the country. What does that due to my kids? 248 00:13:03,800 --> 00:13:05,920 Speaker 1: If if they print a bunch of money to offset 249 00:13:05,960 --> 00:13:08,120 Speaker 1: this for me or they're gonna pay off my student loans. 250 00:13:08,160 --> 00:13:09,679 Speaker 1: I love that. That's great for me. But is that 251 00:13:09,720 --> 00:13:11,640 Speaker 1: going to cause more dissension in the United States or 252 00:13:11,640 --> 00:13:13,160 Speaker 1: some people are going to be unhappy about that? Will 253 00:13:13,160 --> 00:13:15,640 Speaker 1: be unfair? What happens if we print trillions and more dollars? 254 00:13:15,840 --> 00:13:17,920 Speaker 1: Is that bad for the budget? Like instead of thinking 255 00:13:17,920 --> 00:13:20,240 Speaker 1: about the implications for everybody, to think about it in 256 00:13:20,360 --> 00:13:23,040 Speaker 1: terms of themselves. But one of the things that we 257 00:13:23,080 --> 00:13:24,920 Speaker 1: think about, and one thing I think a lot a 258 00:13:24,920 --> 00:13:29,920 Speaker 1: lot about, is that the aging demographics inside of politics. 259 00:13:30,440 --> 00:13:33,040 Speaker 1: And so we can see specifically in the Democratic Party, 260 00:13:33,480 --> 00:13:37,680 Speaker 1: the average age is like seventy years old something like that. 261 00:13:37,679 --> 00:13:39,080 Speaker 1: I don't have the exact data in front of me, 262 00:13:39,480 --> 00:13:42,000 Speaker 1: but but about that range, Whereas I think the average 263 00:13:42,000 --> 00:13:45,480 Speaker 1: agent the Republican Party is uh forty six or something 264 00:13:45,520 --> 00:13:47,520 Speaker 1: like that. Um. But the point is is that we 265 00:13:47,559 --> 00:13:49,880 Speaker 1: have all these politicians that are getting very old, and 266 00:13:49,880 --> 00:13:51,880 Speaker 1: they're making lots of laws that are going to be 267 00:13:51,920 --> 00:13:55,839 Speaker 1: around forever, and they're gonna have massive implications for few generations, 268 00:13:55,840 --> 00:13:58,880 Speaker 1: specifically around a time right now when we have a 269 00:13:59,000 --> 00:14:03,440 Speaker 1: technological revolution happening. We have a brand new technology the 270 00:14:03,440 --> 00:14:06,240 Speaker 1: world has never seen that's going to change the course 271 00:14:06,240 --> 00:14:09,560 Speaker 1: of humanity. And we have very old people in power 272 00:14:10,760 --> 00:14:14,359 Speaker 1: that are making rules and they don't understand the technology, 273 00:14:14,600 --> 00:14:16,960 Speaker 1: nor do they understand the implications of it, nor do 274 00:14:17,000 --> 00:14:18,920 Speaker 1: they even care about the greater good. They only care 275 00:14:18,920 --> 00:14:22,080 Speaker 1: about themselves, and that's a big problem. So a lot 276 00:14:22,120 --> 00:14:25,520 Speaker 1: of people that see this power of this new technology, 277 00:14:25,600 --> 00:14:30,280 Speaker 1: like myself, we I care about getting people into power 278 00:14:30,280 --> 00:14:34,600 Speaker 1: who do see the benefits of it, who do understand 279 00:14:34,600 --> 00:14:36,360 Speaker 1: this could be a big benefit for the United States 280 00:14:36,360 --> 00:14:39,560 Speaker 1: to have this technology, who do want to leave it 281 00:14:39,600 --> 00:14:42,560 Speaker 1: open for innovation so our future generations can benefit from it. 282 00:14:42,640 --> 00:14:44,040 Speaker 1: I care about that, and a lot of people either 283 00:14:44,120 --> 00:14:48,080 Speaker 1: do too. And so coin base has created an app 284 00:14:48,320 --> 00:14:53,840 Speaker 1: to track US politicians crypto friendliness ahead of the midterm elections. 285 00:14:53,960 --> 00:14:56,120 Speaker 1: So if I'm going to vote for someone, I should 286 00:14:56,120 --> 00:14:58,560 Speaker 1: do my research and I should find out does this 287 00:14:58,640 --> 00:15:04,000 Speaker 1: person represent my trysts, does this person um? Does this 288 00:15:04,080 --> 00:15:07,080 Speaker 1: person want to push forward policies that I think are 289 00:15:07,160 --> 00:15:11,240 Speaker 1: the best or or not? And unfortunately, most people don't 290 00:15:11,320 --> 00:15:14,560 Speaker 1: even think about that. They don't even ask themselves a question, 291 00:15:14,560 --> 00:15:18,640 Speaker 1: and they certainly don't spend any time to investigate the answer. 292 00:15:19,800 --> 00:15:21,320 Speaker 1: So a coin base is gonna help. They're gonna make 293 00:15:21,320 --> 00:15:24,480 Speaker 1: it easy, They're gonna they're gonna let us users track 294 00:15:24,640 --> 00:15:28,520 Speaker 1: how crypto friendly their local politicians are through its new 295 00:15:28,560 --> 00:15:31,640 Speaker 1: trading app. So they launched a policy education initiative that 296 00:15:31,680 --> 00:15:34,320 Speaker 1: includes a voter registration tool, so they can help you 297 00:15:34,320 --> 00:15:36,000 Speaker 1: get voted, they can help you get caught up to 298 00:15:36,080 --> 00:15:38,240 Speaker 1: date on what these politicians are. And they say the 299 00:15:38,240 --> 00:15:41,120 Speaker 1: initiative will now be incorporated into the company's crypto trading app, 300 00:15:42,280 --> 00:15:44,360 Speaker 1: and US users will be able to see quote a 301 00:15:44,440 --> 00:15:49,600 Speaker 1: crypto sentiment score for members of Congress, and so now 302 00:15:49,680 --> 00:15:52,480 Speaker 1: you can see at least how they stack up on 303 00:15:53,120 --> 00:15:56,880 Speaker 1: technology and cryptocurrencies. You can at least see that now 304 00:15:57,080 --> 00:15:59,000 Speaker 1: as far as all any of the other issues, like 305 00:15:59,080 --> 00:16:03,040 Speaker 1: how they are on passing stimulus or states rights or 306 00:16:03,400 --> 00:16:06,200 Speaker 1: um uh, you know, upholding the Constitution or whatever it 307 00:16:06,240 --> 00:16:08,640 Speaker 1: is that's important to you. Those things are pretty important 308 00:16:08,640 --> 00:16:10,960 Speaker 1: to me, but you should still go find those on 309 00:16:11,000 --> 00:16:13,200 Speaker 1: your own. But at least you're able to get this, 310 00:16:13,880 --> 00:16:16,880 Speaker 1: uh for the sentiment stores of scores of how they 311 00:16:16,920 --> 00:16:19,760 Speaker 1: are on cryptocurrency now. Coin Base says that they've been 312 00:16:19,760 --> 00:16:22,360 Speaker 1: actively lobbying the US Congress for some time and they 313 00:16:22,400 --> 00:16:24,280 Speaker 1: have been They've been kind of throwing their weight around 314 00:16:24,480 --> 00:16:27,240 Speaker 1: trying to help push a new policies. One of which 315 00:16:27,240 --> 00:16:32,000 Speaker 1: we covered recently was the Tornado cash protocol, and they 316 00:16:32,000 --> 00:16:33,560 Speaker 1: have been pushing that in court and they've been making 317 00:16:33,560 --> 00:16:36,520 Speaker 1: some headway. So um coin bas is not a company 318 00:16:36,560 --> 00:16:39,440 Speaker 1: that's very well liked in the bitcoin space per se, 319 00:16:39,440 --> 00:16:41,720 Speaker 1: because they pushed so many they trick so many people 320 00:16:41,760 --> 00:16:46,120 Speaker 1: into buying all these other cryptocurrencies UM. But UM as 321 00:16:46,200 --> 00:16:47,840 Speaker 1: much hate as I can throw their way, I also 322 00:16:47,880 --> 00:16:49,800 Speaker 1: have to applaud them for at least pushing the envelope 323 00:16:49,800 --> 00:16:53,440 Speaker 1: a little bit. They formed a political Action Committee and 324 00:16:53,520 --> 00:16:56,680 Speaker 1: it says that the leaders we elect this November will 325 00:16:56,720 --> 00:17:02,600 Speaker 1: be the ones making critical decisions about the future of cryptocurrency, 326 00:17:02,680 --> 00:17:05,080 Speaker 1: and so um they want to help people see that. 327 00:17:05,200 --> 00:17:07,400 Speaker 1: So um plenty of hate I can throw a coin 328 00:17:07,440 --> 00:17:10,000 Speaker 1: bases way, but I have to applaud them for at 329 00:17:10,080 --> 00:17:15,520 Speaker 1: least helping people get this information. Look, if if you 330 00:17:15,560 --> 00:17:18,199 Speaker 1: don't know who you're voting for what you're voting on, 331 00:17:18,440 --> 00:17:22,240 Speaker 1: just don't vote. Yeah, it's everybody's right, Sure, it's your right, 332 00:17:22,440 --> 00:17:23,879 Speaker 1: But if you don't know what you're voting on, if 333 00:17:23,920 --> 00:17:26,040 Speaker 1: you haven't spent the time to educate yourself. Then don't 334 00:17:26,040 --> 00:17:28,960 Speaker 1: do it. Just don't. You don't. You don't have to. 335 00:17:29,560 --> 00:17:32,000 Speaker 1: It's your right, but you're not obligated to. And if 336 00:17:32,040 --> 00:17:34,639 Speaker 1: you don't have the information, then it's probably better that 337 00:17:34,720 --> 00:17:36,760 Speaker 1: you just sit out. And I know that sounds a 338 00:17:36,800 --> 00:17:38,760 Speaker 1: little bit harsh, and I'm not telling you to sit out. 339 00:17:39,040 --> 00:17:41,160 Speaker 1: If you're not going to sit out, then educate yourself. 340 00:17:41,520 --> 00:17:44,960 Speaker 1: Spend the time to learn both sides of the argument. 341 00:17:45,000 --> 00:17:47,639 Speaker 1: Don't just read one side of argument, look at both. 342 00:17:48,200 --> 00:17:50,720 Speaker 1: And if you care about the new technology of bitcoin 343 00:17:52,000 --> 00:17:54,680 Speaker 1: and cryptocurrencies, and it makes sense to vote for someone 344 00:17:54,720 --> 00:17:58,440 Speaker 1: who's pro who's friendly to that as opposed to trying 345 00:17:58,440 --> 00:18:02,280 Speaker 1: to shut it down. Um, like so many others are. 346 00:18:02,440 --> 00:18:04,320 Speaker 1: So check that out. Um, you're listening to the Mark 347 00:18:04,359 --> 00:18:06,760 Speaker 1: Moa Show talking about the decentralized Revolution, talking about the 348 00:18:06,800 --> 00:18:09,120 Speaker 1: hottest news of the week. I got a whole lot 349 00:18:09,119 --> 00:18:10,600 Speaker 1: more to cover when I get back. You don't want 350 00:18:10,600 --> 00:18:12,439 Speaker 1: to miss this, so don't go away. I'm gonna be 351 00:18:12,520 --> 00:18:14,879 Speaker 1: right back, all right, Welcome back. You are listening to 352 00:18:14,920 --> 00:18:17,680 Speaker 1: the Mark ma Show. We're talking about the decentralized Revolution, 353 00:18:18,000 --> 00:18:20,840 Speaker 1: talking about the way the world is swinging from centralization 354 00:18:20,880 --> 00:18:23,280 Speaker 1: to decentralization, and we look at it through the lens 355 00:18:23,280 --> 00:18:26,600 Speaker 1: of politics, finance, and technology, and we've been hitting all 356 00:18:26,600 --> 00:18:29,520 Speaker 1: those we've talked about each one of these subjects. Is 357 00:18:29,560 --> 00:18:32,400 Speaker 1: they come through as they converge right at that at 358 00:18:32,440 --> 00:18:34,520 Speaker 1: that mix. If you've missed any of it, don't worry. 359 00:18:34,760 --> 00:18:36,520 Speaker 1: You can check it out on the podcast. Just search 360 00:18:36,600 --> 00:18:39,000 Speaker 1: Mark Moss podcast on your favorite player, or check me 361 00:18:39,000 --> 00:18:41,879 Speaker 1: out on YouTube. Just search Market Disruptors on on YouTube 362 00:18:41,920 --> 00:18:44,120 Speaker 1: and you can find my videos there. You can find 363 00:18:44,240 --> 00:18:45,840 Speaker 1: find the podcast, but you can watch me on video. 364 00:18:46,320 --> 00:18:48,600 Speaker 1: And you know, one of the things we talked about 365 00:18:48,640 --> 00:18:50,760 Speaker 1: is the way the world is breaking apart. Right we 366 00:18:50,800 --> 00:18:54,119 Speaker 1: have this centralized control, the centralized entities that you in 367 00:18:54,320 --> 00:18:57,679 Speaker 1: the World Economic Forum, the I M f right, the dollar, homogeny, 368 00:18:57,840 --> 00:19:01,720 Speaker 1: all these things, but that's all breaking apart. Russia, China 369 00:19:01,800 --> 00:19:03,840 Speaker 1: and the bricks nations are challenging that, trying to move 370 00:19:03,920 --> 00:19:06,200 Speaker 1: us from a singular polar world for a multipolar world. 371 00:19:07,440 --> 00:19:09,520 Speaker 1: And it's all happening right before our very eyes. And 372 00:19:09,560 --> 00:19:12,200 Speaker 1: if and if you don't pay attention to the actual signpost, 373 00:19:12,320 --> 00:19:15,359 Speaker 1: maybe you're missing it. But it's important to understand because 374 00:19:15,400 --> 00:19:19,960 Speaker 1: the world is breaking apart. But as it's breaking apart um, 375 00:19:20,000 --> 00:19:24,240 Speaker 1: you know, a cornered animal, especially a wounded cornered animal, 376 00:19:24,880 --> 00:19:27,960 Speaker 1: it's very dangerous. They know they're wounded, they know they're 377 00:19:27,960 --> 00:19:30,320 Speaker 1: probably gonna die their corner. They've got nothing to lose, 378 00:19:30,320 --> 00:19:33,479 Speaker 1: and they're very dangerous. And that's where, uh, the central entities, 379 00:19:33,520 --> 00:19:36,320 Speaker 1: these these nations states are. They realize that they've lost 380 00:19:36,320 --> 00:19:38,680 Speaker 1: the narrative, they realize that their time is short and 381 00:19:38,720 --> 00:19:41,600 Speaker 1: they're gonna do everything they can to squeeze and hang 382 00:19:41,640 --> 00:19:44,320 Speaker 1: onto that power. And that's exactly what's happening, and we're 383 00:19:44,359 --> 00:19:46,679 Speaker 1: seeing it big over in Europe right now. I made 384 00:19:46,720 --> 00:19:49,840 Speaker 1: a video on my YouTube channel recently talking about the 385 00:19:49,880 --> 00:19:52,439 Speaker 1: European Union on the verge of breaking up. You can 386 00:19:52,480 --> 00:19:55,000 Speaker 1: just search Mark Moss on YouTube and find that. Maybe 387 00:19:55,000 --> 00:19:57,879 Speaker 1: search Mark Moss uh European Union breaking up, something like that, 388 00:19:57,920 --> 00:20:02,440 Speaker 1: you'll probably find it. But we're witnessing again the centralization 389 00:20:02,480 --> 00:20:05,600 Speaker 1: of the European continent under the European Union, and now 390 00:20:05,640 --> 00:20:09,160 Speaker 1: that's threatening to be broken up and back to independent states, 391 00:20:09,200 --> 00:20:11,679 Speaker 1: back to the thesis that I have. And one of 392 00:20:11,720 --> 00:20:15,400 Speaker 1: the biggest catalysts for this is this energy crisis that's 393 00:20:15,400 --> 00:20:18,720 Speaker 1: happening right now, and of course they're trying to fix 394 00:20:18,720 --> 00:20:24,000 Speaker 1: this energy crisis, but they're also intentionally causing the energy crisis. 395 00:20:24,400 --> 00:20:28,159 Speaker 1: It's pretty interesting. How can you cause the problem and 396 00:20:28,200 --> 00:20:30,600 Speaker 1: continue to cause the problem, continue to double down on 397 00:20:30,680 --> 00:20:32,399 Speaker 1: causing the problem, but at the same time try to 398 00:20:32,440 --> 00:20:36,920 Speaker 1: fix it. The answers you can't. If you're if you're 399 00:20:36,920 --> 00:20:38,400 Speaker 1: trying to figure out an answer, the answer is yet, 400 00:20:38,440 --> 00:20:42,720 Speaker 1: you can't. You can't ride two horses with the same butt. 401 00:20:43,400 --> 00:20:46,280 Speaker 1: That's basically what happened. So we saw the European Union 402 00:20:47,560 --> 00:20:51,400 Speaker 1: they want to launch a quote deep and comprehensive reform 403 00:20:51,640 --> 00:20:55,040 Speaker 1: end quote of the electricity market. So to catch you 404 00:20:55,080 --> 00:20:57,439 Speaker 1: up real quick, in the Europe Europe, Europe is going 405 00:20:57,480 --> 00:21:00,520 Speaker 1: through a massive energy crisis. They've decided it not to 406 00:21:00,640 --> 00:21:02,720 Speaker 1: get any of their own energy out of the ground, 407 00:21:02,840 --> 00:21:06,600 Speaker 1: right They've shut down all their all their natural gas 408 00:21:06,680 --> 00:21:11,040 Speaker 1: fields and and etcetera. They've shut down some some of 409 00:21:11,080 --> 00:21:15,840 Speaker 1: the on purpose, like Germany shut down all their nuclear reactors. France, 410 00:21:15,880 --> 00:21:18,400 Speaker 1: who's been very energy independent because they have I think 411 00:21:18,440 --> 00:21:21,359 Speaker 1: fifty six nuclear reactors, half of them aren't running because 412 00:21:21,359 --> 00:21:23,760 Speaker 1: they just haven't fixed them. They're just they just need maintenance, etcetera. 413 00:21:23,920 --> 00:21:25,879 Speaker 1: And so is the problem that they've caused on themselves. 414 00:21:26,080 --> 00:21:28,440 Speaker 1: And now without the natural gas, they can't create the electricity, 415 00:21:28,480 --> 00:21:30,600 Speaker 1: they can't get they can't create the fertilizers, they can't 416 00:21:30,600 --> 00:21:31,879 Speaker 1: grow the food, all the on and on and on. 417 00:21:31,920 --> 00:21:34,320 Speaker 1: I'm not gonna go through all that, but basically what 418 00:21:34,320 --> 00:21:35,920 Speaker 1: I wanna talk about her here is that they want 419 00:21:35,920 --> 00:21:37,520 Speaker 1: to do. They want to the European Union wants to 420 00:21:37,600 --> 00:21:42,800 Speaker 1: launch a deep and comprehensive reform of the energy market. 421 00:21:43,520 --> 00:21:46,240 Speaker 1: M That sounds pretty scary, and I want to dig 422 00:21:46,240 --> 00:21:49,879 Speaker 1: in because it is. This is the European Commission President 423 00:21:50,200 --> 00:21:55,400 Speaker 1: Ursula vander lyin if I have that right, Ursula vonder 424 00:21:55,480 --> 00:22:00,960 Speaker 1: lean um So vanderland said, the market was designed on 425 00:22:01,000 --> 00:22:04,919 Speaker 1: the principle of merit, and now it's not fit for 426 00:22:04,960 --> 00:22:07,080 Speaker 1: the purpose. What does that mean? It was designed on 427 00:22:07,119 --> 00:22:10,359 Speaker 1: the principle of merit. That means, you know, merit, like 428 00:22:10,480 --> 00:22:13,280 Speaker 1: if you do good, you get rewarded, if you do bad, 429 00:22:13,480 --> 00:22:17,600 Speaker 1: you get disciplined. That's what merit is, right, So that's natural, 430 00:22:17,720 --> 00:22:21,679 Speaker 1: that's emergent. If I work harder and I'm smarter and 431 00:22:21,720 --> 00:22:24,679 Speaker 1: I employ better ideas than I probably do better than you. 432 00:22:25,040 --> 00:22:28,960 Speaker 1: That's my merit. And if you're lazy and you you're 433 00:22:29,000 --> 00:22:33,160 Speaker 1: not efficient with your resources, um, then you go down. 434 00:22:33,280 --> 00:22:35,920 Speaker 1: That's what merit is. But they're saying she's saying that 435 00:22:35,960 --> 00:22:38,000 Speaker 1: the market was designed on the principle of merit, meaning 436 00:22:38,000 --> 00:22:40,600 Speaker 1: the companies that do really well and think ahead and 437 00:22:40,640 --> 00:22:43,119 Speaker 1: plan and reinvest. The companies that do really well have 438 00:22:43,240 --> 00:22:45,080 Speaker 1: done better. If she said, no, it doesn't work anymore. 439 00:22:45,640 --> 00:22:49,440 Speaker 1: It's not fit for our purpose anymore. The EU Energy 440 00:22:49,480 --> 00:22:53,640 Speaker 1: ministers met Friday to discuss a five point plan. It's 441 00:22:53,640 --> 00:22:58,360 Speaker 1: always five. Five is very dangerous five point plan, which 442 00:22:58,400 --> 00:23:02,440 Speaker 1: includes a price cap Russian gas. That's funny because they're 443 00:23:02,440 --> 00:23:04,680 Speaker 1: not supposed to be buying Russian gas anyway because of 444 00:23:04,720 --> 00:23:07,560 Speaker 1: the sanctions. So they're gonna cap it. Okay. They're going 445 00:23:07,600 --> 00:23:11,560 Speaker 1: to create a windfall tax on fossil fuel companies profits 446 00:23:12,440 --> 00:23:19,800 Speaker 1: mhm okay. Um, They're gonna create a mandatory target for 447 00:23:19,920 --> 00:23:25,560 Speaker 1: reducing peak hour energy use by five and create emergency 448 00:23:25,560 --> 00:23:28,479 Speaker 1: credit lines for power companies. So they're going to limit 449 00:23:29,400 --> 00:23:32,480 Speaker 1: how much profit companies can make. Well, can go wrong. 450 00:23:33,080 --> 00:23:37,040 Speaker 1: I thought businesses were in business to make a profit, 451 00:23:37,560 --> 00:23:40,400 Speaker 1: and if you take away their profit, then why would 452 00:23:40,440 --> 00:23:44,000 Speaker 1: they start the business? Pretty good question to ask um. 453 00:23:44,040 --> 00:23:46,320 Speaker 1: And they're going to create a mandatory target for reducing 454 00:23:46,359 --> 00:23:50,879 Speaker 1: peak energy our usage. So, hey, I know when you 455 00:23:50,920 --> 00:23:52,840 Speaker 1: come home from work, you like to turn your lights on, 456 00:23:52,960 --> 00:23:55,119 Speaker 1: and you know you want to watch TV, and you 457 00:23:55,119 --> 00:23:57,000 Speaker 1: know you might want to turn your air conditioning on 458 00:23:57,080 --> 00:23:58,720 Speaker 1: because it's been hot all day or something like that. 459 00:23:58,760 --> 00:24:01,359 Speaker 1: I get it, but sorry, you can't. You gotta reduce 460 00:24:01,359 --> 00:24:04,200 Speaker 1: your energy usage. No, no, never mind the fact that 461 00:24:04,240 --> 00:24:05,960 Speaker 1: we've had plenty of energy forever and we've been making 462 00:24:05,960 --> 00:24:07,600 Speaker 1: elect for our hundred years and it's never been a problem. 463 00:24:07,600 --> 00:24:09,880 Speaker 1: But it is now. Uh never. We don't know why. 464 00:24:10,080 --> 00:24:11,919 Speaker 1: Uh well, it's our fault. But we're not gonna admit that. 465 00:24:11,920 --> 00:24:14,120 Speaker 1: We're just gonna say you can use less. And we're 466 00:24:14,119 --> 00:24:17,280 Speaker 1: gonna create emergency credit lines for power companies. So we're 467 00:24:17,320 --> 00:24:18,880 Speaker 1: gonna give them a bunch of money. We're gonna print 468 00:24:18,920 --> 00:24:20,600 Speaker 1: it out of thin air, we're gonna steal your purchasing power. 469 00:24:20,600 --> 00:24:22,760 Speaker 1: We're gonna give it to them. Sounds great. Addressing the 470 00:24:22,760 --> 00:24:26,000 Speaker 1: windfall tax and revenue cap plans, Vonderland said that while 471 00:24:26,000 --> 00:24:29,600 Speaker 1: profits were not necessarily a bad thing, so it's not 472 00:24:30,040 --> 00:24:33,200 Speaker 1: profit you know, companies making a profit isn't necessarily bad, 473 00:24:33,680 --> 00:24:37,800 Speaker 1: but it is wrong to receive extraordinary record revenues and 474 00:24:37,840 --> 00:24:40,359 Speaker 1: profits benefiting from war on the back of our consumers. 475 00:24:41,960 --> 00:24:49,080 Speaker 1: In these times, profits must be shared, shared with who oh, 476 00:24:49,200 --> 00:24:53,199 Speaker 1: to those who need it most, not everybody. It's not equal. 477 00:24:54,000 --> 00:24:57,360 Speaker 1: I thought they wanted equality. That's what always talking about equality, equity, 478 00:24:57,400 --> 00:25:01,280 Speaker 1: all these things. Um, so equality would be everybody getting helped. 479 00:25:01,320 --> 00:25:03,720 Speaker 1: But no, we're going to share it with those who 480 00:25:03,800 --> 00:25:06,160 Speaker 1: need it most. So not everybody, but just the people 481 00:25:06,160 --> 00:25:10,560 Speaker 1: that we decide to get it. Now, the thing with 482 00:25:10,640 --> 00:25:13,200 Speaker 1: profits again, businesses are in business to make a profit. 483 00:25:13,440 --> 00:25:16,280 Speaker 1: If if a business is making way too much money, 484 00:25:16,800 --> 00:25:20,400 Speaker 1: what had happened is other businesses will enter that thing. 485 00:25:20,520 --> 00:25:24,840 Speaker 1: So for example, I found this niche where hey, I 486 00:25:24,880 --> 00:25:27,360 Speaker 1: can sell I can get these coconuts off these trees here, 487 00:25:27,480 --> 00:25:28,920 Speaker 1: I can go down to the beach and I can 488 00:25:28,920 --> 00:25:33,000 Speaker 1: sell them for fifty bucks each. I'm gouging people, right, Well, 489 00:25:33,000 --> 00:25:35,439 Speaker 1: what's gonna happen. Another person is going to move and 490 00:25:35,440 --> 00:25:37,159 Speaker 1: sell coconuts right next to me. He's gonna do it 491 00:25:37,240 --> 00:25:39,480 Speaker 1: for cheaper. He's gonna do it for thirty bucks. And 492 00:25:39,480 --> 00:25:41,080 Speaker 1: another person's gonna come to do it for twenty another 493 00:25:41,080 --> 00:25:43,440 Speaker 1: per's gonna come from over ten, and all of a sudden, 494 00:25:43,440 --> 00:25:45,119 Speaker 1: my profit margin is gonna get squeezed because it was 495 00:25:45,160 --> 00:25:47,680 Speaker 1: so much profit that other people jumped in a right. 496 00:25:48,000 --> 00:25:50,040 Speaker 1: So that's what happens with profits. Now, anohing that happens 497 00:25:50,040 --> 00:25:52,879 Speaker 1: with profits is that oil companies lose money most of 498 00:25:52,920 --> 00:25:56,159 Speaker 1: the time because they're trying to find oil, the market's 499 00:25:56,160 --> 00:25:58,520 Speaker 1: going up and down. They're defaulted on their debt. So 500 00:25:58,560 --> 00:26:02,040 Speaker 1: at the last six of the ten years, they've lost money, 501 00:26:02,080 --> 00:26:03,760 Speaker 1: but then they hope to make it up in a 502 00:26:03,800 --> 00:26:06,600 Speaker 1: couple of good years. So six or seven of the 503 00:26:06,640 --> 00:26:08,880 Speaker 1: ten years are bad, they lose money, but in two 504 00:26:08,960 --> 00:26:11,600 Speaker 1: or three of the good years they make up enough 505 00:26:11,680 --> 00:26:15,760 Speaker 1: money to offset all the bad years and still come 506 00:26:15,800 --> 00:26:17,840 Speaker 1: out ahead. But now what they want to do is 507 00:26:17,880 --> 00:26:20,280 Speaker 1: they say, well, well, well this year you made a 508 00:26:20,280 --> 00:26:22,639 Speaker 1: lot of profit, so we need to take that from you. 509 00:26:23,160 --> 00:26:24,960 Speaker 1: But they're like, but yeah, that just makes up for 510 00:26:25,000 --> 00:26:29,000 Speaker 1: the bad years. And now how are we going to reinvest, 511 00:26:29,080 --> 00:26:31,439 Speaker 1: How are we gonna go find new oil supplies? How 512 00:26:31,480 --> 00:26:33,040 Speaker 1: are we gonna pay our shareholders? If we don't pay 513 00:26:33,040 --> 00:26:37,520 Speaker 1: a shareholders, then who's going to reinvest again. I think 514 00:26:37,560 --> 00:26:41,439 Speaker 1: you get the point now. Um. She gave a speech 515 00:26:41,480 --> 00:26:43,280 Speaker 1: and she basically said, look, everyone's got to do what 516 00:26:43,320 --> 00:26:45,399 Speaker 1: they can. We have to take control of the economy. 517 00:26:45,440 --> 00:26:48,000 Speaker 1: What they're saying is we want to control the economy, 518 00:26:48,400 --> 00:26:52,800 Speaker 1: we want to nationalize this. I'm gonna tell you about 519 00:26:52,800 --> 00:26:54,800 Speaker 1: this speech that she has. I'm gonna tell you exactly 520 00:26:54,800 --> 00:26:57,280 Speaker 1: what she said, and then we're gonna talk about the 521 00:26:57,400 --> 00:27:01,080 Speaker 1: scam that this is and where this leads, because history 522 00:27:01,119 --> 00:27:03,879 Speaker 1: tells us over and over where this leads and hint, 523 00:27:04,000 --> 00:27:06,480 Speaker 1: it's not good. So I'm gonna come back with that 524 00:27:06,560 --> 00:27:07,960 Speaker 1: and more in a minute. You're listening to the Mark 525 00:27:08,000 --> 00:27:10,840 Speaker 1: Moa show. We're talking about the Decentralized Revolution, talking about 526 00:27:10,840 --> 00:27:13,400 Speaker 1: the way the world is swinging from centralization to decentralization, 527 00:27:13,400 --> 00:27:17,160 Speaker 1: and this story highlights it. We're witnessing it happening right now. 528 00:27:17,400 --> 00:27:20,600 Speaker 1: They're trying to hang on because the European Unions trying 529 00:27:20,640 --> 00:27:24,160 Speaker 1: to break apart and they're squeezing it, but they're only 530 00:27:24,560 --> 00:27:27,000 Speaker 1: making it worse. I'm gonna tell exactly what they're trying 531 00:27:27,000 --> 00:27:29,879 Speaker 1: to do, what this really means, and what history tells 532 00:27:29,920 --> 00:27:32,160 Speaker 1: about this. I'm gonna be back with all that more. 533 00:27:32,200 --> 00:27:34,000 Speaker 1: You certainly don't want to miss this. You're listening to 534 00:27:34,000 --> 00:27:36,240 Speaker 1: the Mark Mo Show. I'll be back in a minute. 535 00:27:36,800 --> 00:27:39,159 Speaker 1: Don't go away, We're back, all right, Welcome back. You 536 00:27:39,160 --> 00:27:41,719 Speaker 1: are listening to the Markma Show. We're talking about the 537 00:27:41,800 --> 00:27:44,280 Speaker 1: decentralized revolution. Of course, we're talking about the way the 538 00:27:44,320 --> 00:27:46,480 Speaker 1: world is changing, and we look at through the lens 539 00:27:46,520 --> 00:27:50,640 Speaker 1: of politics, finance, and technology. The technology being bitcoin and 540 00:27:50,960 --> 00:27:54,880 Speaker 1: cryptocurrencies and the decentralized technology we're talking about before the break, 541 00:27:54,920 --> 00:27:58,520 Speaker 1: talking about in Europe and the European Union, which is centralization. 542 00:27:58,600 --> 00:28:01,240 Speaker 1: We take all these independent count reads that are decentralized 543 00:28:01,240 --> 00:28:03,720 Speaker 1: and we centralize them under the banner of the European Union, 544 00:28:04,000 --> 00:28:06,200 Speaker 1: and how it's trying to break apart. The whole world 545 00:28:06,280 --> 00:28:09,960 Speaker 1: is breaking apart into this decentralized world, which is a 546 00:28:09,960 --> 00:28:12,280 Speaker 1: good thing in my opinion, but the pendulum swings back 547 00:28:12,320 --> 00:28:15,840 Speaker 1: and forth every few hundred years. Now what happens is 548 00:28:15,880 --> 00:28:17,879 Speaker 1: as it's breaking apart, they're trying to hang onto it. 549 00:28:18,080 --> 00:28:21,879 Speaker 1: And so I was talking about um the European Chief 550 00:28:22,560 --> 00:28:26,119 Speaker 1: Ursula vander Land and what she was saying, and basically 551 00:28:26,160 --> 00:28:28,440 Speaker 1: what she's saying, what they're trying to do is they 552 00:28:28,440 --> 00:28:32,240 Speaker 1: are trying to take over more central control over the 553 00:28:32,359 --> 00:28:35,440 Speaker 1: energy markets. That's what they're doing. So um, right now 554 00:28:35,480 --> 00:28:39,240 Speaker 1: you have all these energy providers who are somewhat quasi 555 00:28:39,440 --> 00:28:42,240 Speaker 1: kind of working for the government, but there's still somewhat independent. 556 00:28:42,280 --> 00:28:44,680 Speaker 1: And so you have these all these different people in 557 00:28:44,720 --> 00:28:47,360 Speaker 1: the chain that that creates stuff and produce it and 558 00:28:47,360 --> 00:28:50,560 Speaker 1: transported and all these things, and they just want to 559 00:28:50,560 --> 00:28:52,800 Speaker 1: take it all over. Let's just centralize it all. Just 560 00:28:52,840 --> 00:28:55,800 Speaker 1: give us the control. It's always the answer, right, more government. 561 00:28:55,960 --> 00:28:57,760 Speaker 1: If you just give us the control, we could probably 562 00:28:57,760 --> 00:29:02,280 Speaker 1: do better. And so um Ursula vonder Land gave a 563 00:29:02,360 --> 00:29:06,440 Speaker 1: quote unquote muscular State of the Union address this week 564 00:29:07,760 --> 00:29:12,040 Speaker 1: and she said, quote never before has this Parliament debated 565 00:29:12,080 --> 00:29:15,040 Speaker 1: the State of our Union with a war raging on 566 00:29:15,160 --> 00:29:19,280 Speaker 1: European soil. So she went right into this war. So 567 00:29:19,320 --> 00:29:24,440 Speaker 1: it was a very uh war centric, war heavy speech. 568 00:29:25,000 --> 00:29:26,400 Speaker 1: And I guess it kind of is. I mean, it's 569 00:29:26,400 --> 00:29:29,120 Speaker 1: a it's a war. I don't know what they're fighting. 570 00:29:29,400 --> 00:29:32,800 Speaker 1: They're fighting their own stupid ideas, I guess. But she 571 00:29:32,840 --> 00:29:35,680 Speaker 1: said there's a clear warning quote the months ahead of 572 00:29:35,760 --> 00:29:38,120 Speaker 1: us will not be easy, be it for families who 573 00:29:38,160 --> 00:29:40,080 Speaker 1: are struggling to make ends meet, or businesses who are 574 00:29:40,120 --> 00:29:44,080 Speaker 1: facing tough choices about their future. End quote. She said, 575 00:29:44,080 --> 00:29:47,040 Speaker 1: gas prices have risen by by more than ten times. 576 00:29:47,840 --> 00:29:50,080 Speaker 1: Gas prices risen by ten times. Who could afford that? 577 00:29:51,400 --> 00:29:52,880 Speaker 1: I mean, you think it's bad here in the United 578 00:29:52,920 --> 00:29:56,640 Speaker 1: States or California, that's risen ten times there said, She said, 579 00:29:56,680 --> 00:29:59,400 Speaker 1: making ends meat has becoming a source of anxiety for 580 00:29:59,480 --> 00:30:03,680 Speaker 1: millions of businesses and households. Yet the pain has only 581 00:30:04,120 --> 00:30:08,360 Speaker 1: just started. She says, wow, that doesn't sound good. She 582 00:30:08,400 --> 00:30:12,520 Speaker 1: doesn't paint a very rosy picture, does she. But then 583 00:30:12,520 --> 00:30:16,000 Speaker 1: she talks about France as France capped energy price hikes 584 00:30:16,040 --> 00:30:24,040 Speaker 1: at she proposed electricity rationing without details of how so. 585 00:30:24,200 --> 00:30:29,360 Speaker 1: She praised France for price fixing taking control over businesses, 586 00:30:30,120 --> 00:30:32,560 Speaker 1: and then she proposed also, right, we talked about that 587 00:30:32,640 --> 00:30:36,800 Speaker 1: reducing electricity rationing it without the details of how to 588 00:30:36,840 --> 00:30:41,720 Speaker 1: do that. Um. Basically, it sounded like a Cold War 589 00:30:41,880 --> 00:30:48,240 Speaker 1: equivalent uh speech, talking about how they need to take 590 00:30:48,480 --> 00:30:51,720 Speaker 1: over the economy. So in times of war, what we've 591 00:30:51,760 --> 00:30:54,520 Speaker 1: seen is the government kind of takes over the war 592 00:30:54,640 --> 00:30:57,520 Speaker 1: they invoke and President Biden trying to the United states 593 00:30:57,560 --> 00:31:01,040 Speaker 1: as well, invoking a wartime economy. A wartime economy means 594 00:31:01,080 --> 00:31:04,560 Speaker 1: the government can control the economy to act as they 595 00:31:04,600 --> 00:31:07,320 Speaker 1: see fit. Up, we need more of these particular goods, 596 00:31:07,320 --> 00:31:09,160 Speaker 1: So now I'm going to command these industries to make 597 00:31:09,200 --> 00:31:12,120 Speaker 1: these goods for me. And it's just the way that 598 00:31:12,200 --> 00:31:16,800 Speaker 1: they can get more control. So she's she's trying to promise, 599 00:31:16,800 --> 00:31:20,240 Speaker 1: she's trying to promote a semi war slash planned economy 600 00:31:20,600 --> 00:31:24,720 Speaker 1: in regards to energy. Right, the energy crisis will rage 601 00:31:24,760 --> 00:31:27,880 Speaker 1: for years, she said, with untold pain at unknown cost, 602 00:31:28,400 --> 00:31:31,720 Speaker 1: and Europe will simultaneously have to rearm even at its 603 00:31:31,720 --> 00:31:36,760 Speaker 1: industrial production will slow. So, um, forget you know, creating 604 00:31:36,760 --> 00:31:39,680 Speaker 1: goods and services that people need. That that's that's real wealth, right. 605 00:31:39,720 --> 00:31:42,720 Speaker 1: Forget the manufacturing of parts that we can export to 606 00:31:42,720 --> 00:31:45,400 Speaker 1: bring money back in. Forget all of that. Um, we're 607 00:31:45,440 --> 00:31:49,240 Speaker 1: gonna just slow industrial production down so we can focus 608 00:31:49,360 --> 00:31:53,200 Speaker 1: more on on our own agenda, which is, you know, 609 00:31:53,280 --> 00:31:57,560 Speaker 1: controlling the energy. That's what she's saying. But it's a 610 00:31:57,560 --> 00:32:00,880 Speaker 1: big scam. It's a big scam. It's a big scam 611 00:32:00,920 --> 00:32:05,720 Speaker 1: because they're trying to promote climate they're trying to promote 612 00:32:05,800 --> 00:32:09,479 Speaker 1: this green economy. They're trying to promote this. Net zero 613 00:32:09,800 --> 00:32:13,280 Speaker 1: is what they call it, and net zero is somewhat 614 00:32:13,320 --> 00:32:15,400 Speaker 1: of a scam. There's this article that came out here 615 00:32:15,480 --> 00:32:18,760 Speaker 1: this week on the Daily Mail and it's, uh, it's 616 00:32:18,800 --> 00:32:21,000 Speaker 1: it's some pictures. I can't show you the pictures, but 617 00:32:21,040 --> 00:32:25,320 Speaker 1: it says it's devastating pictures of the rape of America's 618 00:32:25,800 --> 00:32:32,920 Speaker 1: century old hardwood forests, stripped bear to provide wood pellets 619 00:32:33,080 --> 00:32:37,400 Speaker 1: for European energy plants in a deluded bid to meet 620 00:32:37,520 --> 00:32:41,400 Speaker 1: climate goals. So what's happening. So Europe doesn't have enough 621 00:32:41,600 --> 00:32:46,400 Speaker 1: energy to heat their homes this year, in Germany, in 622 00:32:46,440 --> 00:32:50,680 Speaker 1: the UK, even in France they have a big problem, 623 00:32:50,760 --> 00:32:55,640 Speaker 1: so they are turning on their coal plants. Now, energy 624 00:32:55,680 --> 00:32:58,920 Speaker 1: has a density, So the lowest form would be like 625 00:32:59,000 --> 00:33:01,560 Speaker 1: bile fuels or young You have to you know, burn 626 00:33:01,640 --> 00:33:04,080 Speaker 1: a whole building worth to get enough energy. Um, and 627 00:33:04,120 --> 00:33:06,240 Speaker 1: it's very pollutant. The next one up would be wood. 628 00:33:06,640 --> 00:33:09,320 Speaker 1: Um would need you need a ton of wood um 629 00:33:09,400 --> 00:33:11,560 Speaker 1: and it's also very pollutant. Lots of smoke goes in 630 00:33:11,560 --> 00:33:14,880 Speaker 1: the air. UM. The next would be um coal. So 631 00:33:14,960 --> 00:33:17,160 Speaker 1: coal has more energy, so I need to burn way 632 00:33:17,280 --> 00:33:20,400 Speaker 1: less cold than I would firewood. Um, and it's still 633 00:33:20,480 --> 00:33:22,720 Speaker 1: you know, polluting into the air, but it's I need. 634 00:33:22,760 --> 00:33:24,360 Speaker 1: I need way less of it than I do would. 635 00:33:24,560 --> 00:33:27,320 Speaker 1: And then you have oil, so I need way less 636 00:33:27,360 --> 00:33:31,120 Speaker 1: oil than I would. Um coal because energy density and 637 00:33:31,120 --> 00:33:33,200 Speaker 1: it's way less pollutant. And then you have a natural gas, 638 00:33:33,280 --> 00:33:39,000 Speaker 1: and then you have uranium. But um because because Germany 639 00:33:39,240 --> 00:33:42,120 Speaker 1: can't get the gas, they turned off their nuclear reactors, 640 00:33:42,120 --> 00:33:44,360 Speaker 1: which is the most energy dense for him. You can 641 00:33:44,400 --> 00:33:48,080 Speaker 1: get like a cupful of of uranium and power whole city. Um. 642 00:33:48,120 --> 00:33:52,120 Speaker 1: But they shut they shut theirs off, and now they've 643 00:33:52,160 --> 00:33:53,600 Speaker 1: decided not to get gas out of the ground. And 644 00:33:53,600 --> 00:33:55,120 Speaker 1: now they can't get it from putin anymore because of 645 00:33:55,160 --> 00:33:58,959 Speaker 1: the sanctions. So now they've turned coal back on. So 646 00:33:59,000 --> 00:34:02,480 Speaker 1: there's like three order is our manitude worse? And now 647 00:34:02,560 --> 00:34:06,280 Speaker 1: they're trying to stock up on firewood. Okay, so firewood 648 00:34:06,320 --> 00:34:10,520 Speaker 1: is even worse. But now nations around other countries in 649 00:34:10,680 --> 00:34:13,560 Speaker 1: UH in the European Union, like Bulgaria have banned exporting 650 00:34:13,560 --> 00:34:15,400 Speaker 1: firewoods like no, we gotta keep it for ourselves. So 651 00:34:15,400 --> 00:34:17,719 Speaker 1: now they're getting from the United States. So now they're 652 00:34:18,000 --> 00:34:22,520 Speaker 1: chopping down the rape of America century old hardwood forests 653 00:34:22,600 --> 00:34:25,600 Speaker 1: and they're stripping them bare to turn the wood into 654 00:34:25,600 --> 00:34:29,680 Speaker 1: wood pellets to send to Europe so they can burn 655 00:34:29,760 --> 00:34:33,239 Speaker 1: them in their fireplace to stay warm. So if they 656 00:34:33,320 --> 00:34:36,800 Speaker 1: really cared about the environment and the climate and the carbon, 657 00:34:37,440 --> 00:34:40,120 Speaker 1: they would want to keep the trees because the trees 658 00:34:40,360 --> 00:34:43,719 Speaker 1: sequester carbon. The trees, they take the carbon out of 659 00:34:43,760 --> 00:34:46,400 Speaker 1: the air and put it into the soil. But instead 660 00:34:46,480 --> 00:34:49,239 Speaker 1: they're chopping the trees down, so now we have no 661 00:34:49,360 --> 00:34:51,560 Speaker 1: trees to pull more carbon out of the air, and 662 00:34:51,600 --> 00:34:54,000 Speaker 1: then they're gonna ship them to Europe where they can 663 00:34:54,120 --> 00:34:57,719 Speaker 1: burn them, which is the second most pollutant type of 664 00:34:57,800 --> 00:35:01,640 Speaker 1: energy you can have. How's that sound. More than two 665 00:35:01,680 --> 00:35:04,760 Speaker 1: dozen pellet mills are devouring trees across the North American 666 00:35:04,840 --> 00:35:08,839 Speaker 1: Coastal Plain. Historic forests stretching from Texas to Virginia are 667 00:35:09,000 --> 00:35:12,960 Speaker 1: under a threat wood pellets. Firm chiefs say that they 668 00:35:13,080 --> 00:35:16,880 Speaker 1: use wood waste. Uh, it creates jobs in the US. 669 00:35:16,960 --> 00:35:22,120 Speaker 1: That's good, right, it creates jobs, that's good, ah Man. 670 00:35:22,480 --> 00:35:26,000 Speaker 1: And but environmentalists warn that hundreds of thousands of acres 671 00:35:26,000 --> 00:35:28,120 Speaker 1: of forests are being torn down each year in the 672 00:35:28,200 --> 00:35:32,640 Speaker 1: US Southeast to make wood pellets to fuel European power plants. 673 00:35:33,160 --> 00:35:36,719 Speaker 1: Hundreds of thousands of acres of forests are being torn 674 00:35:36,760 --> 00:35:39,200 Speaker 1: down in the United States so we can ship it. 675 00:35:39,800 --> 00:35:44,200 Speaker 1: Uh yeah, So imagine all the machinery, all the tractors 676 00:35:44,239 --> 00:35:47,440 Speaker 1: that burn diesel fuel, so you're burning all the diesel 677 00:35:47,480 --> 00:35:49,719 Speaker 1: fuel in the tractors. Tear the trees down, then you 678 00:35:49,760 --> 00:35:52,680 Speaker 1: need the tractors to load it onto you know, trains, 679 00:35:52,719 --> 00:35:54,600 Speaker 1: and then the trains burn more diesel fuel to get 680 00:35:54,640 --> 00:35:56,520 Speaker 1: it to the ports, and then the ships burned more 681 00:35:56,600 --> 00:35:58,600 Speaker 1: diesel fuel to get it over to the Europe and 682 00:35:58,640 --> 00:36:00,759 Speaker 1: then Europe burns it all in the fireblads, which put 683 00:36:00,840 --> 00:36:04,200 Speaker 1: all that up into the air instead of just turning 684 00:36:04,200 --> 00:36:07,560 Speaker 1: their nuclear actors back on, instead of just getting the 685 00:36:07,640 --> 00:36:10,719 Speaker 1: natural gas out of the ground. Do you really think 686 00:36:10,719 --> 00:36:13,919 Speaker 1: they care about the climate, because if they do, they're 687 00:36:13,920 --> 00:36:18,160 Speaker 1: sure making some pretty pretty bad choices. In my opinion, 688 00:36:19,520 --> 00:36:22,280 Speaker 1: the so called North American Coastal Plain has already lost 689 00:36:22,400 --> 00:36:26,719 Speaker 1: seventy percent of its historic vegetation, thanks in part to 690 00:36:26,760 --> 00:36:29,640 Speaker 1: an eleven billion global industry that is set to grow 691 00:36:29,680 --> 00:36:34,600 Speaker 1: to twenty billion by Let's tear down those trees and 692 00:36:34,680 --> 00:36:38,520 Speaker 1: let's burn them. That's good for the environment anyway, clown 693 00:36:38,560 --> 00:36:40,520 Speaker 1: world at its greatest. You're listening to the Markma Show 694 00:36:40,520 --> 00:36:44,080 Speaker 1: talking about the way the world is changing from centralization decentralization, 695 00:36:44,120 --> 00:36:48,279 Speaker 1: and these are the stories that highlighted. This is insanity 696 00:36:48,360 --> 00:36:51,360 Speaker 1: at its worst. It's not gonna last for much longer. 697 00:36:51,719 --> 00:36:53,520 Speaker 1: I think the European Union is going to break up. 698 00:36:54,320 --> 00:36:55,600 Speaker 1: I made a video about it. You can check out 699 00:36:55,680 --> 00:36:57,840 Speaker 1: on my YouTube channel and I'll keep bringing you the 700 00:36:57,920 --> 00:36:59,279 Speaker 1: latest stories. You can stay up to date on it. 701 00:36:59,360 --> 00:37:00,640 Speaker 1: Let me know what you think. Me up on social 702 00:37:00,640 --> 00:37:02,680 Speaker 1: media at one Mark Moss. I'd love to hear from you, 703 00:37:03,360 --> 00:37:06,359 Speaker 1: and that's what I got. Thanks for listening, Until next time.