Speaker 1: Hello, and welcome back. You are listening to another episode
Speaker 1: of the Markmas Show, where we talk about the decentralized
Speaker 1: revolution each and every week, the way the world is
Speaker 1: swinging from centralization to decentralization. Of course, we look at
Speaker 1: it through the lens of politics, finance, and technology. That
Speaker 1: technology being the decentralized technology. We're talking about bitcoin, We're
Speaker 1: talking about cryptocurrencies, and that is changing the world right
Speaker 1: before our very eyes. You know, I try to bring
Speaker 1: to you, you know, some things, some some education so
Speaker 1: you can see things and understand things differently. And I
Speaker 1: like to bring to you some of the latest breaking
Speaker 1: news and headlines so you can stay up to date
Speaker 1: as this all plays out, so you can stay one
Speaker 1: step ahead, or as we call it, the investing world
Speaker 1: front running this information if you get it first. And man,
Speaker 1: there's no shortage of stuff happening in the world is
Speaker 1: changing rapidly right before our eyes. And one thing that
Speaker 1: really really really changed the entire world's kind of a
Speaker 1: landscape specifically, Um, well, it's both it's political, it's financial,
Speaker 1: and it's technology. Um. In China, um, they have been
Speaker 1: you know, they they manufacture a lot of a lot
Speaker 1: of the technology and China has been manufacturing the bitcoin
Speaker 1: mining computers, and so they've also they've also been running
Speaker 1: a lot of those bitcoin mining computers. They had cheap
Speaker 1: energy there in China, and last year they had over
Speaker 1: fifty percent, maybe as much as sixty percent of the
Speaker 1: bitcoin mining network in China. And China has been trying
Speaker 1: to ban bitcoin for a long time. As a matter
Speaker 1: of fact, I think they've banned it at least seven times.
Speaker 1: I don't have them all up in front of me
Speaker 1: right now. I think at least seven times. And they've
Speaker 1: banned it for people, they banned for exchanges, they banned
Speaker 1: it for for mining, et cetera. And so they banned it.
Speaker 1: It was like the final band. It's like, okay, we've
Speaker 1: banned everything now at this point, and all the miners
Speaker 1: had to pack up and move. The United States is
Speaker 1: one of the biggest beneficiaries of that. Most of us
Speaker 1: come back to the United States. It's also moved over
Speaker 1: into Europe as well. I think I don't have the
Speaker 1: data in front of me. I think the US now
Speaker 1: controls over thirty percent of the network, which is good.
Speaker 1: It's not as centralized as it was before with China
Speaker 1: having but What I thought was interesting this week is
Speaker 1: that a new report came out that had some pretty
Speaker 1: shocking data for me. And again, China has banned bitcoin
Speaker 1: at least seven times um. Last year they got rid
Speaker 1: of all the bitcoin mining. And one of the big
Speaker 1: questions I always get asked about bitcoin is, yeah, but
Speaker 1: what if the government's make it illegal or um. Maybe
Speaker 1: it's not even asked as a question, it's just said
Speaker 1: as a defeated victim mentality, which is like, what's the
Speaker 1: point the government is just going to make it illegal? Well, um,
Speaker 1: I think everybody would agree that China is the I mean,
Speaker 1: it's a communist country, right, It's in the name CCP right,
Speaker 1: Commonist Chinese Party, so it's a communist party. They control everything.
Speaker 1: They control the internet. They have the Great Firewall of China, right,
Speaker 1: so people in China aren't allowed to go onto Facebook
Speaker 1: or Google or YouTube or any of that. They get
Speaker 1: around it with VPNs and whatnot, but they're not allowed
Speaker 1: to access to any of that. So they're the most restrictive,
Speaker 1: the most control of the command of onomy. With a
Speaker 1: great firewall, They've banned bitcoin over and over and over
Speaker 1: and over. They got rid of all the bitcoin mining,
Speaker 1: and it's gone. Finally the seventh or eighth time, finally
Speaker 1: it's done. It's done. It's done right, not so quick.
Speaker 1: A new chain Analysis reports, so chain Analysis is a company.
Speaker 1: They used like ai AI software technology to um go
Speaker 1: across all the blockchain. So blockchains are typically open and
Speaker 1: somewhat transparent, so they can use this software to go
Speaker 1: and look at all this and they can tie it
Speaker 1: all back to transactions to kind of get some idea
Speaker 1: of what this data is telling them in A new
Speaker 1: Chain Analysis report shows last year's ban has not prevented
Speaker 1: the Chinese from using bitcoin, as the country's returned to
Speaker 1: the global adoption ranks in the top ten. Wow. So
Speaker 1: the most restrictive company country in the world, the Chinese
Speaker 1: Communist Party with the Great Firewall. They've banned it seven
Speaker 1: eight times, they kicked all the bitcoin miners out, but
Speaker 1: yet here they are back up on the countries with
Speaker 1: the highest level of bitcoin and cryptocurrency adoption in the world.
Speaker 1: It says Vietnam leads the world in overall adoption, while
Speaker 1: India has the highest number of centralized purchases. Blockchain analytics
Speaker 1: firm Chain Analysis has released its two global cryptocurrency Adoption Index.
Speaker 1: So if you want to go check out this data
Speaker 1: on your own, Remember I always like to bring you
Speaker 1: the data, right, I can give you opinions all day.
Speaker 1: I want to give you the receipts. So if you
Speaker 1: want to look up in these data to search Global
Speaker 1: Cryptocurrency Adoption Index. But I'm gonna give you the key
Speaker 1: points here. Basically, they detailed the global usage of bitcoin
Speaker 1: and cryptocurrencies in this formula, and they they rank them
Speaker 1: based off this formula. I'm not gonna dig deep into that,
Speaker 1: but basically, uh, one of the biggest alarming, the biggest
Speaker 1: shocking facts, the staggering information is that again China, after
Speaker 1: all the attempts they have done, they haven't been able
Speaker 1: to ban As a matter of fact, last year's ban
Speaker 1: um happened. But now it's back there, back in the
Speaker 1: top ten countries in the world for adoption. The US
Speaker 1: has risen to five where it was previously ranked eight.
Speaker 1: So we think about um, it being a US centric thing,
Speaker 1: and again what if the government makes it illegal. And
Speaker 1: of course the Biden administration put together an executive order
Speaker 1: to come out with this task force to come up
Speaker 1: with all these things about ways they can regulate cryptocurrencies,
Speaker 1: and so the US wants to do it as well,
Speaker 1: and what if they make it illegal. Well, the U
Speaker 1: s is was eighth in the world. There's a lot
Speaker 1: of countries out there. Per the U in there's like
Speaker 1: over a hundred and sixty countries. No, obviously not as
Speaker 1: big as the United States. But the point is the
Speaker 1: potentially the government could make it illegal for US citizens
Speaker 1: to own it, but they can't stop it. If China
Speaker 1: can't stop it, there's no hope that any other nation
Speaker 1: can stop it for that matter. But even again, even
Speaker 1: if the US did, uh, it's still alive and well
Speaker 1: and the rest of the world. Like I said that,
Speaker 1: the US was ranked eighth and now it's moved up
Speaker 1: to fifth. Now, a couple of things I saw on
Speaker 1: this report UM that I think are important. So one,
Speaker 1: it shows that overall adoption has has slowed worldwide in
Speaker 1: the bear markets. So what do I mean? So UM
Speaker 1: cryptocurrencies had their peak in November one. Since then they've
Speaker 1: drawn down a lot. Bitcoin is down I don't know
Speaker 1: six at least from that point. Other cryptocurrencies are down
Speaker 1: seventy eight or more. And so since November UM we're
Speaker 1: technically in a bear market technically, right, so we've fallen
Speaker 1: that far. But what it shows is that UM global
Speaker 1: adoption of cryptocurrency reached its current all time high in
Speaker 1: quarter two. Quarter two would be April May, June, April
Speaker 1: May and June. UM, that's when it reached its the
Speaker 1: adoption reach its all time high. Ins then adoption has
Speaker 1: moved in waves. It fell in quarter three when crypto
Speaker 1: prices declined, and then it rebounded in quarter four when
Speaker 1: we saw prices rebound to new all time highs. So
Speaker 1: in quarter three UM it fell, quarter four bound bounce
Speaker 1: back up, and so the prices went to new all
Speaker 1: time highs and we saw adoption reach on all time hiyes,
Speaker 1: of course, right, But it's important to note that global
Speaker 1: adoption remains well above it's pre Bowl market levels. So
Speaker 1: what it's saying is that we saw adoption reach a
Speaker 1: new all time high UM when the price at an
Speaker 1: all time high, and when the price dropped, the adoption
Speaker 1: level dropped a little bit as well, but it's maintained
Speaker 1: well above it's pre Bowl market levels. And I mean,
Speaker 1: for that matter, Bitcoin as has as well. Right, So
Speaker 1: UM in the March of bitcoin was at what thirty
Speaker 1: eight hundred dollars three thousand, eight hundred and today so
Speaker 1: it's twenty thousand. So bitcoin is also maintained its level
Speaker 1: above that as well. Many of these those attracted by
Speaker 1: rising prices twenty one stuck around and continue to invest
Speaker 1: a significant chuck chunk of their assets in digital assets.
Speaker 1: Another thing is that emerging markets dominate the index UM
Speaker 1: and so Vietnam, Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya,
Speaker 1: and Indonesia. And the reason why those adopted is because
Speaker 1: their currencies are blowing up. They're literally witnessing double digit inflation,
Speaker 1: eighty percent inflation, meaning their currencies are free falling so
Speaker 1: fast that they're losing purchasing power so fast. I mean,
Speaker 1: if you knew you were gonna lose eighty percent of
Speaker 1: your purchasing power in your local currency, why not go
Speaker 1: to cryptocurrency. It's gonna make it dropped too, but at
Speaker 1: least you had a bit better chance maybe, And so
Speaker 1: it makes sense when when countries have horrible currencies, people
Speaker 1: are going to find adoptions for them, will see in
Speaker 1: the emerging markets first. But it's also happening in the
Speaker 1: United States as well, you're listening to the markmas Show.
Speaker 1: We're talking about the Decentralized Revolution, talking about some of
Speaker 1: the latest breaking news, UM that's happened over the week
Speaker 1: that highlight how the world is changing. Of course, we
Speaker 1: talked about it through the lens of politics, finance, and technology,
Speaker 1: and even though the prices down of bitcoin, we know
Speaker 1: that the adoption levels are up. That's a great report.
Speaker 1: Hopefully enjoyed that. I got a lot more to cover
Speaker 1: some breaking news this week that you definitely want to
Speaker 1: know about, especially going into the midterm elections that are
Speaker 1: coming up, So you don't want to miss what's coming
Speaker 1: up next. Don't go away. I want to be right back.
Speaker 1: All right, welcome back. You are listening to the markma Show.
Speaker 1: We're talking about the decentralized Revolution, talking about the way
Speaker 1: the world is changing right before our very eyes. Of course,
Speaker 1: we look at it through politics, finance, and technology, and
Speaker 1: I really like to focus on the intersection of those
Speaker 1: three things and so they all work together obviously, right
Speaker 1: It's like, um, the Federal Reserve, the central banks, you know,
Speaker 1: they're being pressured by the political institutions, by the governments,
Speaker 1: and so whether it's the European Union pressuring the ECB,
Speaker 1: the European Central Bank, or it's the you know, the
Speaker 1: US government pressuring the Federal Reserve or whatever he filmed
Speaker 1: the blank. So it's very politically motivated. And of course,
Speaker 1: whatever the central banks decided to do, the markets are
Speaker 1: going to go up and down. So the political markets
Speaker 1: are going to drive the financial markets, and then with
Speaker 1: the technology that drives on top of that, so it's
Speaker 1: all connected here. And uh uh we have in the
Speaker 1: United States. Um, regardless of where you're in the world,
Speaker 1: this matters to you because the US dollars the reserve
Speaker 1: currency of the world. So whatever the whatever the US
Speaker 1: government pressures the Federal Reserve to do, and then whatever
Speaker 1: they do with the money affects you. No matter where
Speaker 1: you're in the world. Even if your nation works off
Speaker 1: a different type of currency, you're probably witnessing massive levels
Speaker 1: of inflation because of what's happening with the U S dollars.
Speaker 1: So all eyes are on the US markets, as they
Speaker 1: should be. And I've been talking about I mean, there's
Speaker 1: a lot of uncertainty in the air with what's happening
Speaker 1: with the markets. Um, you know, we we had a
Speaker 1: pretty big drop in you know, SMP five D, the NaSTA, etcetera.
Speaker 1: And now we've bounced about a fift retracement, which is
Speaker 1: textbook before the next crash comes down. And we don't know.
Speaker 1: But one thing that we do know is all eyes
Speaker 1: are on this mid term election that's coming up here
Speaker 1: in November in the United States. It might be and
Speaker 1: I know we say this a lot, and maybe because
Speaker 1: it's always true, but this might be one of the
Speaker 1: biggest elections that that will see. And the reason why
Speaker 1: is because if the if the Democrat Party, which which
Speaker 1: has control right now, if they can manage to get
Speaker 1: more control or maintain the control they have, then for
Speaker 1: the next two years, we're gonna be able to just
Speaker 1: slam through anything they want. The way the government set
Speaker 1: up is that we have um checks and balances, so
Speaker 1: one side doesn't just ramrod everything through um. If we
Speaker 1: can get the other party, the Republican Party, to get
Speaker 1: more control back, then we're going to have those checks
Speaker 1: and balances. Now, usually when it ms to voting, most
Speaker 1: people are concerned only about themselves, which is a problem. Right.
Speaker 1: The world used to be, uh the world. The United
Speaker 1: States was founded by people who cared about other people
Speaker 1: more than themselves. They came to this country, risking their
Speaker 1: lives for the betterment of future generations. And and not
Speaker 1: even that long ago, I mean even even I guess
Speaker 1: even still today we might we have immigrants coming to
Speaker 1: this country who are sacrificing everything and hoping for a
Speaker 1: better life for them and for their for the future generations.
Speaker 1: But really today, um, we see all our politicians like
Speaker 1: Nancy Pelosi. Um, you know, she's gotten famously rich. She
Speaker 1: beats every you know, every single hedge fund and and
Speaker 1: and the best investors in the world. She beats them
Speaker 1: because she has insider information. And so we see all
Speaker 1: these people that just out for themselves, like Joe Biden,
Speaker 1: you know, the big guy, big guy getting his kickbacks. Right,
Speaker 1: Everyone's looking out for themselves, and so that kind of
Speaker 1: sets the tone for the rest of the country. And
Speaker 1: so we see the rest of the country of voting
Speaker 1: for things that helped them as opposed to thinking about, um,
Speaker 1: hey this this is good for me. Yeah, it gives
Speaker 1: me a bunch more money, but what does that due
Speaker 1: to the country. What does that due to my kids?
Speaker 1: If if they print a bunch of money to offset
Speaker 1: this for me or they're gonna pay off my student loans.
Speaker 1: I love that. That's great for me. But is that
Speaker 1: going to cause more dissension in the United States or
Speaker 1: some people are going to be unhappy about that? Will
Speaker 1: be unfair? What happens if we print trillions and more dollars?
Speaker 1: Is that bad for the budget? Like instead of thinking
Speaker 1: about the implications for everybody, to think about it in
Speaker 1: terms of themselves. But one of the things that we
Speaker 1: think about, and one thing I think a lot a
Speaker 1: lot about, is that the aging demographics inside of politics.
Speaker 1: And so we can see specifically in the Democratic Party,
Speaker 1: the average age is like seventy years old something like that.
Speaker 1: I don't have the exact data in front of me,
Speaker 1: but but about that range, Whereas I think the average
Speaker 1: agent the Republican Party is uh forty six or something
Speaker 1: like that. Um. But the point is is that we
Speaker 1: have all these politicians that are getting very old, and
Speaker 1: they're making lots of laws that are going to be
Speaker 1: around forever, and they're gonna have massive implications for few generations,
Speaker 1: specifically around a time right now when we have a
Speaker 1: technological revolution happening. We have a brand new technology the
Speaker 1: world has never seen that's going to change the course
Speaker 1: of humanity. And we have very old people in power
Speaker 1: that are making rules and they don't understand the technology,
Speaker 1: nor do they understand the implications of it, nor do
Speaker 1: they even care about the greater good. They only care
Speaker 1: about themselves, and that's a big problem. So a lot
Speaker 1: of people that see this power of this new technology,
Speaker 1: like myself, we I care about getting people into power
Speaker 1: who do see the benefits of it, who do understand
Speaker 1: this could be a big benefit for the United States
Speaker 1: to have this technology, who do want to leave it
Speaker 1: open for innovation so our future generations can benefit from it.
Speaker 1: I care about that, and a lot of people either
Speaker 1: do too. And so coin base has created an app
Speaker 1: to track US politicians crypto friendliness ahead of the midterm elections.
Speaker 1: So if I'm going to vote for someone, I should
Speaker 1: do my research and I should find out does this
Speaker 1: person represent my trysts, does this person um? Does this
Speaker 1: person want to push forward policies that I think are
Speaker 1: the best or or not? And unfortunately, most people don't
Speaker 1: even think about that. They don't even ask themselves a question,
Speaker 1: and they certainly don't spend any time to investigate the answer.
Speaker 1: So a coin base is gonna help. They're gonna make
Speaker 1: it easy, They're gonna they're gonna let us users track
Speaker 1: how crypto friendly their local politicians are through its new
Speaker 1: trading app. So they launched a policy education initiative that
Speaker 1: includes a voter registration tool, so they can help you
Speaker 1: get voted, they can help you get caught up to
Speaker 1: date on what these politicians are. And they say the
Speaker 1: initiative will now be incorporated into the company's crypto trading app,
Speaker 1: and US users will be able to see quote a
Speaker 1: crypto sentiment score for members of Congress, and so now
Speaker 1: you can see at least how they stack up on
Speaker 1: technology and cryptocurrencies. You can at least see that now
Speaker 1: as far as all any of the other issues, like
Speaker 1: how they are on passing stimulus or states rights or
Speaker 1: um uh, you know, upholding the Constitution or whatever it
Speaker 1: is that's important to you. Those things are pretty important
Speaker 1: to me, but you should still go find those on
Speaker 1: your own. But at least you're able to get this,
Speaker 1: uh for the sentiment stores of scores of how they
Speaker 1: are on cryptocurrency now. Coin Base says that they've been
Speaker 1: actively lobbying the US Congress for some time and they
Speaker 1: have been They've been kind of throwing their weight around
Speaker 1: trying to help push a new policies. One of which
Speaker 1: we covered recently was the Tornado cash protocol, and they
Speaker 1: have been pushing that in court and they've been making
Speaker 1: some headway. So um coin bas is not a company
Speaker 1: that's very well liked in the bitcoin space per se,
Speaker 1: because they pushed so many they trick so many people
Speaker 1: into buying all these other cryptocurrencies UM. But UM as
Speaker 1: much hate as I can throw their way, I also
Speaker 1: have to applaud them for at least pushing the envelope
Speaker 1: a little bit. They formed a political Action Committee and
Speaker 1: it says that the leaders we elect this November will
Speaker 1: be the ones making critical decisions about the future of cryptocurrency,
Speaker 1: and so um they want to help people see that.
Speaker 1: So um plenty of hate I can throw a coin
Speaker 1: bases way, but I have to applaud them for at
Speaker 1: least helping people get this information. Look, if if you
Speaker 1: don't know who you're voting for what you're voting on,
Speaker 1: just don't vote. Yeah, it's everybody's right, Sure, it's your right,
Speaker 1: But if you don't know what you're voting on, if
Speaker 1: you haven't spent the time to educate yourself. Then don't
Speaker 1: do it. Just don't. You don't. You don't have to.
Speaker 1: It's your right, but you're not obligated to. And if
Speaker 1: you don't have the information, then it's probably better that
Speaker 1: you just sit out. And I know that sounds a
Speaker 1: little bit harsh, and I'm not telling you to sit out.
Speaker 1: If you're not going to sit out, then educate yourself.
Speaker 1: Spend the time to learn both sides of the argument.
Speaker 1: Don't just read one side of argument, look at both.
Speaker 1: And if you care about the new technology of bitcoin
Speaker 1: and cryptocurrencies, and it makes sense to vote for someone
Speaker 1: who's pro who's friendly to that as opposed to trying
Speaker 1: to shut it down. Um, like so many others are.
Speaker 1: So check that out. Um, you're listening to the Mark
Speaker 1: Moa Show talking about the decentralized Revolution, talking about the
Speaker 1: hottest news of the week. I got a whole lot
Speaker 1: more to cover when I get back. You don't want
Speaker 1: to miss this, so don't go away. I'm gonna be
Speaker 1: right back, all right, Welcome back. You are listening to
Speaker 1: the Mark ma Show. We're talking about the decentralized Revolution,
Speaker 1: talking about the way the world is swinging from centralization
Speaker 1: to decentralization, and we look at it through the lens
Speaker 1: of politics, finance, and technology, and we've been hitting all
Speaker 1: those we've talked about each one of these subjects. Is
Speaker 1: they come through as they converge right at that at
Speaker 1: that mix. If you've missed any of it, don't worry.
Speaker 1: You can check it out on the podcast. Just search
Speaker 1: Mark Moss podcast on your favorite player, or check me
Speaker 1: out on YouTube. Just search Market Disruptors on on YouTube
Speaker 1: and you can find my videos there. You can find
Speaker 1: find the podcast, but you can watch me on video.
Speaker 1: And you know, one of the things we talked about
Speaker 1: is the way the world is breaking apart. Right we
Speaker 1: have this centralized control, the centralized entities that you in
Speaker 1: the World Economic Forum, the I M f right, the dollar, homogeny,
Speaker 1: all these things, but that's all breaking apart. Russia, China
Speaker 1: and the bricks nations are challenging that, trying to move
Speaker 1: us from a singular polar world for a multipolar world.
Speaker 1: And it's all happening right before our very eyes. And
Speaker 1: if and if you don't pay attention to the actual signpost,
Speaker 1: maybe you're missing it. But it's important to understand because
Speaker 1: the world is breaking apart. But as it's breaking apart um,
Speaker 1: you know, a cornered animal, especially a wounded cornered animal,
Speaker 1: it's very dangerous. They know they're wounded, they know they're
Speaker 1: probably gonna die their corner. They've got nothing to lose,
Speaker 1: and they're very dangerous. And that's where, uh, the central entities,
Speaker 1: these these nations states are. They realize that they've lost
Speaker 1: the narrative, they realize that their time is short and
Speaker 1: they're gonna do everything they can to squeeze and hang
Speaker 1: onto that power. And that's exactly what's happening, and we're
Speaker 1: seeing it big over in Europe right now. I made
Speaker 1: a video on my YouTube channel recently talking about the
Speaker 1: European Union on the verge of breaking up. You can
Speaker 1: just search Mark Moss on YouTube and find that. Maybe
Speaker 1: search Mark Moss uh European Union breaking up, something like that,
Speaker 1: you'll probably find it. But we're witnessing again the centralization
Speaker 1: of the European continent under the European Union, and now
Speaker 1: that's threatening to be broken up and back to independent states,
Speaker 1: back to the thesis that I have. And one of
Speaker 1: the biggest catalysts for this is this energy crisis that's
Speaker 1: happening right now, and of course they're trying to fix
Speaker 1: this energy crisis, but they're also intentionally causing the energy crisis.
Speaker 1: It's pretty interesting. How can you cause the problem and
Speaker 1: continue to cause the problem, continue to double down on
Speaker 1: causing the problem, but at the same time try to
Speaker 1: fix it. The answers you can't. If you're if you're
Speaker 1: trying to figure out an answer, the answer is yet,
Speaker 1: you can't. You can't ride two horses with the same butt.
Speaker 1: That's basically what happened. So we saw the European Union
Speaker 1: they want to launch a quote deep and comprehensive reform
Speaker 1: end quote of the electricity market. So to catch you
Speaker 1: up real quick, in the Europe Europe, Europe is going
Speaker 1: through a massive energy crisis. They've decided it not to
Speaker 1: get any of their own energy out of the ground,
Speaker 1: right They've shut down all their all their natural gas
Speaker 1: fields and and etcetera. They've shut down some some of
Speaker 1: the on purpose, like Germany shut down all their nuclear reactors. France,
Speaker 1: who's been very energy independent because they have I think
Speaker 1: fifty six nuclear reactors, half of them aren't running because
Speaker 1: they just haven't fixed them. They're just they just need maintenance, etcetera.
Speaker 1: And so is the problem that they've caused on themselves.
Speaker 1: And now without the natural gas, they can't create the electricity,
Speaker 1: they can't get they can't create the fertilizers, they can't
Speaker 1: grow the food, all the on and on and on.
Speaker 1: I'm not gonna go through all that, but basically what
Speaker 1: I wanna talk about her here is that they want
Speaker 1: to do. They want to the European Union wants to
Speaker 1: launch a deep and comprehensive reform of the energy market.
Speaker 1: M That sounds pretty scary, and I want to dig
Speaker 1: in because it is. This is the European Commission President
Speaker 1: Ursula vander lyin if I have that right, Ursula vonder
Speaker 1: lean um So vanderland said, the market was designed on
Speaker 1: the principle of merit, and now it's not fit for
Speaker 1: the purpose. What does that mean? It was designed on
Speaker 1: the principle of merit. That means, you know, merit, like
Speaker 1: if you do good, you get rewarded, if you do bad,
Speaker 1: you get disciplined. That's what merit is, right, So that's natural,
Speaker 1: that's emergent. If I work harder and I'm smarter and
Speaker 1: I employ better ideas than I probably do better than you.
Speaker 1: That's my merit. And if you're lazy and you you're
Speaker 1: not efficient with your resources, um, then you go down.
Speaker 1: That's what merit is. But they're saying she's saying that
Speaker 1: the market was designed on the principle of merit, meaning
Speaker 1: the companies that do really well and think ahead and
Speaker 1: plan and reinvest. The companies that do really well have
Speaker 1: done better. If she said, no, it doesn't work anymore.
Speaker 1: It's not fit for our purpose anymore. The EU Energy
Speaker 1: ministers met Friday to discuss a five point plan. It's
Speaker 1: always five. Five is very dangerous five point plan, which
Speaker 1: includes a price cap Russian gas. That's funny because they're
Speaker 1: not supposed to be buying Russian gas anyway because of
Speaker 1: the sanctions. So they're gonna cap it. Okay. They're going
Speaker 1: to create a windfall tax on fossil fuel companies profits
Speaker 1: mhm okay. Um, They're gonna create a mandatory target for
Speaker 1: reducing peak hour energy use by five and create emergency
Speaker 1: credit lines for power companies. So they're going to limit
Speaker 1: how much profit companies can make. Well, can go wrong.
Speaker 1: I thought businesses were in business to make a profit,
Speaker 1: and if you take away their profit, then why would
Speaker 1: they start the business? Pretty good question to ask um.
Speaker 1: And they're going to create a mandatory target for reducing
Speaker 1: peak energy our usage. So, hey, I know when you
Speaker 1: come home from work, you like to turn your lights on,
Speaker 1: and you know you want to watch TV, and you
Speaker 1: know you might want to turn your air conditioning on
Speaker 1: because it's been hot all day or something like that.
Speaker 1: I get it, but sorry, you can't. You gotta reduce
Speaker 1: your energy usage. No, no, never mind the fact that
Speaker 1: we've had plenty of energy forever and we've been making
Speaker 1: elect for our hundred years and it's never been a problem.
Speaker 1: But it is now. Uh never. We don't know why.
Speaker 1: Uh well, it's our fault. But we're not gonna admit that.
Speaker 1: We're just gonna say you can use less. And we're
Speaker 1: gonna create emergency credit lines for power companies. So we're
Speaker 1: gonna give them a bunch of money. We're gonna print
Speaker 1: it out of thin air, we're gonna steal your purchasing power.
Speaker 1: We're gonna give it to them. Sounds great. Addressing the
Speaker 1: windfall tax and revenue cap plans, Vonderland said that while
Speaker 1: profits were not necessarily a bad thing, so it's not
Speaker 1: profit you know, companies making a profit isn't necessarily bad,
Speaker 1: but it is wrong to receive extraordinary record revenues and
Speaker 1: profits benefiting from war on the back of our consumers.
Speaker 1: In these times, profits must be shared, shared with who oh,
Speaker 1: to those who need it most, not everybody. It's not equal.
Speaker 1: I thought they wanted equality. That's what always talking about equality, equity,
Speaker 1: all these things. Um, so equality would be everybody getting helped.
Speaker 1: But no, we're going to share it with those who
Speaker 1: need it most. So not everybody, but just the people
Speaker 1: that we decide to get it. Now, the thing with
Speaker 1: profits again, businesses are in business to make a profit.
Speaker 1: If if a business is making way too much money,
Speaker 1: what had happened is other businesses will enter that thing.
Speaker 1: So for example, I found this niche where hey, I
Speaker 1: can sell I can get these coconuts off these trees here,
Speaker 1: I can go down to the beach and I can
Speaker 1: sell them for fifty bucks each. I'm gouging people, right, Well,
Speaker 1: what's gonna happen. Another person is going to move and
Speaker 1: sell coconuts right next to me. He's gonna do it
Speaker 1: for cheaper. He's gonna do it for thirty bucks. And
Speaker 1: another person's gonna come to do it for twenty another
Speaker 1: per's gonna come from over ten, and all of a sudden,
Speaker 1: my profit margin is gonna get squeezed because it was
Speaker 1: so much profit that other people jumped in a right.
Speaker 1: So that's what happens with profits. Now, anohing that happens
Speaker 1: with profits is that oil companies lose money most of
Speaker 1: the time because they're trying to find oil, the market's
Speaker 1: going up and down. They're defaulted on their debt. So
Speaker 1: at the last six of the ten years, they've lost money,
Speaker 1: but then they hope to make it up in a
Speaker 1: couple of good years. So six or seven of the
Speaker 1: ten years are bad, they lose money, but in two
Speaker 1: or three of the good years they make up enough
Speaker 1: money to offset all the bad years and still come
Speaker 1: out ahead. But now what they want to do is
Speaker 1: they say, well, well, well this year you made a
Speaker 1: lot of profit, so we need to take that from you.
Speaker 1: But they're like, but yeah, that just makes up for
Speaker 1: the bad years. And now how are we going to reinvest,
Speaker 1: How are we gonna go find new oil supplies? How
Speaker 1: are we gonna pay our shareholders? If we don't pay
Speaker 1: a shareholders, then who's going to reinvest again. I think
Speaker 1: you get the point now. Um. She gave a speech
Speaker 1: and she basically said, look, everyone's got to do what
Speaker 1: they can. We have to take control of the economy.
Speaker 1: What they're saying is we want to control the economy,
Speaker 1: we want to nationalize this. I'm gonna tell you about
Speaker 1: this speech that she has. I'm gonna tell you exactly
Speaker 1: what she said, and then we're gonna talk about the
Speaker 1: scam that this is and where this leads, because history
Speaker 1: tells us over and over where this leads and hint,
Speaker 1: it's not good. So I'm gonna come back with that
Speaker 1: and more in a minute. You're listening to the Mark
Speaker 1: Moa show. We're talking about the Decentralized Revolution, talking about
Speaker 1: the way the world is swinging from centralization to decentralization,
Speaker 1: and this story highlights it. We're witnessing it happening right now.
Speaker 1: They're trying to hang on because the European Unions trying
Speaker 1: to break apart and they're squeezing it, but they're only
Speaker 1: making it worse. I'm gonna tell exactly what they're trying
Speaker 1: to do, what this really means, and what history tells
Speaker 1: about this. I'm gonna be back with all that more.
Speaker 1: You certainly don't want to miss this. You're listening to
Speaker 1: the Mark Mo Show. I'll be back in a minute.
Speaker 1: Don't go away, We're back, all right, Welcome back. You
Speaker 1: are listening to the Markma Show. We're talking about the
Speaker 1: decentralized revolution. Of course, we're talking about the way the
Speaker 1: world is changing, and we look at through the lens
Speaker 1: of politics, finance, and technology. The technology being bitcoin and
Speaker 1: cryptocurrencies and the decentralized technology we're talking about before the break,
Speaker 1: talking about in Europe and the European Union, which is centralization.
Speaker 1: We take all these independent count reads that are decentralized
Speaker 1: and we centralize them under the banner of the European Union,
Speaker 1: and how it's trying to break apart. The whole world
Speaker 1: is breaking apart into this decentralized world, which is a
Speaker 1: good thing in my opinion, but the pendulum swings back
Speaker 1: and forth every few hundred years. Now what happens is
Speaker 1: as it's breaking apart, they're trying to hang onto it.
Speaker 1: And so I was talking about um the European Chief
Speaker 1: Ursula vander Land and what she was saying, and basically
Speaker 1: what she's saying, what they're trying to do is they
Speaker 1: are trying to take over more central control over the
Speaker 1: energy markets. That's what they're doing. So um, right now
Speaker 1: you have all these energy providers who are somewhat quasi
Speaker 1: kind of working for the government, but there's still somewhat independent.
Speaker 1: And so you have these all these different people in
Speaker 1: the chain that that creates stuff and produce it and
Speaker 1: transported and all these things, and they just want to
Speaker 1: take it all over. Let's just centralize it all. Just
Speaker 1: give us the control. It's always the answer, right, more government.
Speaker 1: If you just give us the control, we could probably
Speaker 1: do better. And so um Ursula vonder Land gave a
Speaker 1: quote unquote muscular State of the Union address this week
Speaker 1: and she said, quote never before has this Parliament debated
Speaker 1: the State of our Union with a war raging on
Speaker 1: European soil. So she went right into this war. So
Speaker 1: it was a very uh war centric, war heavy speech.
Speaker 1: And I guess it kind of is. I mean, it's
Speaker 1: a it's a war. I don't know what they're fighting.
Speaker 1: They're fighting their own stupid ideas, I guess. But she
Speaker 1: said there's a clear warning quote the months ahead of
Speaker 1: us will not be easy, be it for families who
Speaker 1: are struggling to make ends meet, or businesses who are
Speaker 1: facing tough choices about their future. End quote. She said,
Speaker 1: gas prices have risen by by more than ten times.
Speaker 1: Gas prices risen by ten times. Who could afford that?
Speaker 1: I mean, you think it's bad here in the United
Speaker 1: States or California, that's risen ten times there said, She said,
Speaker 1: making ends meat has becoming a source of anxiety for
Speaker 1: millions of businesses and households. Yet the pain has only
Speaker 1: just started. She says, wow, that doesn't sound good. She
Speaker 1: doesn't paint a very rosy picture, does she. But then
Speaker 1: she talks about France as France capped energy price hikes
Speaker 1: at she proposed electricity rationing without details of how so.
Speaker 1: She praised France for price fixing taking control over businesses,
Speaker 1: and then she proposed also, right, we talked about that
Speaker 1: reducing electricity rationing it without the details of how to
Speaker 1: do that. Um. Basically, it sounded like a Cold War
Speaker 1: equivalent uh speech, talking about how they need to take
Speaker 1: over the economy. So in times of war, what we've
Speaker 1: seen is the government kind of takes over the war
Speaker 1: they invoke and President Biden trying to the United states
Speaker 1: as well, invoking a wartime economy. A wartime economy means
Speaker 1: the government can control the economy to act as they
Speaker 1: see fit. Up, we need more of these particular goods,
Speaker 1: So now I'm going to command these industries to make
Speaker 1: these goods for me. And it's just the way that
Speaker 1: they can get more control. So she's she's trying to promise,
Speaker 1: she's trying to promote a semi war slash planned economy
Speaker 1: in regards to energy. Right, the energy crisis will rage
Speaker 1: for years, she said, with untold pain at unknown cost,
Speaker 1: and Europe will simultaneously have to rearm even at its
Speaker 1: industrial production will slow. So, um, forget you know, creating
Speaker 1: goods and services that people need. That that's that's real wealth, right.
Speaker 1: Forget the manufacturing of parts that we can export to
Speaker 1: bring money back in. Forget all of that. Um, we're
Speaker 1: gonna just slow industrial production down so we can focus
Speaker 1: more on on our own agenda, which is, you know,
Speaker 1: controlling the energy. That's what she's saying. But it's a
Speaker 1: big scam. It's a big scam. It's a big scam
Speaker 1: because they're trying to promote climate they're trying to promote
Speaker 1: this green economy. They're trying to promote this. Net zero
Speaker 1: is what they call it, and net zero is somewhat
Speaker 1: of a scam. There's this article that came out here
Speaker 1: this week on the Daily Mail and it's, uh, it's
Speaker 1: it's some pictures. I can't show you the pictures, but
Speaker 1: it says it's devastating pictures of the rape of America's
Speaker 1: century old hardwood forests, stripped bear to provide wood pellets
Speaker 1: for European energy plants in a deluded bid to meet
Speaker 1: climate goals. So what's happening. So Europe doesn't have enough
Speaker 1: energy to heat their homes this year, in Germany, in
Speaker 1: the UK, even in France they have a big problem,
Speaker 1: so they are turning on their coal plants. Now, energy
Speaker 1: has a density, So the lowest form would be like
Speaker 1: bile fuels or young You have to you know, burn
Speaker 1: a whole building worth to get enough energy. Um, and
Speaker 1: it's very pollutant. The next one up would be wood.
Speaker 1: Um would need you need a ton of wood um
Speaker 1: and it's also very pollutant. Lots of smoke goes in
Speaker 1: the air. UM. The next would be um coal. So
Speaker 1: coal has more energy, so I need to burn way
Speaker 1: less cold than I would firewood. Um, and it's still
Speaker 1: you know, polluting into the air, but it's I need.
Speaker 1: I need way less of it than I do would.
Speaker 1: And then you have oil, so I need way less
Speaker 1: oil than I would. Um coal because energy density and
Speaker 1: it's way less pollutant. And then you have a natural gas,
Speaker 1: and then you have uranium. But um because because Germany
Speaker 1: can't get the gas, they turned off their nuclear reactors,
Speaker 1: which is the most energy dense for him. You can
Speaker 1: get like a cupful of of uranium and power whole city. Um.
Speaker 1: But they shut they shut theirs off, and now they've
Speaker 1: decided not to get gas out of the ground. And
Speaker 1: now they can't get it from putin anymore because of
Speaker 1: the sanctions. So now they've turned coal back on. So
Speaker 1: there's like three order is our manitude worse? And now
Speaker 1: they're trying to stock up on firewood. Okay, so firewood
Speaker 1: is even worse. But now nations around other countries in
Speaker 1: UH in the European Union, like Bulgaria have banned exporting
Speaker 1: firewoods like no, we gotta keep it for ourselves. So
Speaker 1: now they're getting from the United States. So now they're
Speaker 1: chopping down the rape of America century old hardwood forests
Speaker 1: and they're stripping them bare to turn the wood into
Speaker 1: wood pellets to send to Europe so they can burn
Speaker 1: them in their fireplace to stay warm. So if they
Speaker 1: really cared about the environment and the climate and the carbon,
Speaker 1: they would want to keep the trees because the trees
Speaker 1: sequester carbon. The trees, they take the carbon out of
Speaker 1: the air and put it into the soil. But instead
Speaker 1: they're chopping the trees down, so now we have no
Speaker 1: trees to pull more carbon out of the air, and
Speaker 1: then they're gonna ship them to Europe where they can
Speaker 1: burn them, which is the second most pollutant type of
Speaker 1: energy you can have. How's that sound. More than two
Speaker 1: dozen pellet mills are devouring trees across the North American
Speaker 1: Coastal Plain. Historic forests stretching from Texas to Virginia are
Speaker 1: under a threat wood pellets. Firm chiefs say that they
Speaker 1: use wood waste. Uh, it creates jobs in the US.
Speaker 1: That's good, right, it creates jobs, that's good, ah Man.
Speaker 1: And but environmentalists warn that hundreds of thousands of acres
Speaker 1: of forests are being torn down each year in the
Speaker 1: US Southeast to make wood pellets to fuel European power plants.
Speaker 1: Hundreds of thousands of acres of forests are being torn
Speaker 1: down in the United States so we can ship it.
Speaker 1: Uh yeah, So imagine all the machinery, all the tractors
Speaker 1: that burn diesel fuel, so you're burning all the diesel
Speaker 1: fuel in the tractors. Tear the trees down, then you
Speaker 1: need the tractors to load it onto you know, trains,
Speaker 1: and then the trains burn more diesel fuel to get
Speaker 1: it to the ports, and then the ships burned more
Speaker 1: diesel fuel to get it over to the Europe and
Speaker 1: then Europe burns it all in the fireblads, which put
Speaker 1: all that up into the air instead of just turning
Speaker 1: their nuclear actors back on, instead of just getting the
Speaker 1: natural gas out of the ground. Do you really think
Speaker 1: they care about the climate, because if they do, they're
Speaker 1: sure making some pretty pretty bad choices. In my opinion,
Speaker 1: the so called North American Coastal Plain has already lost
Speaker 1: seventy percent of its historic vegetation, thanks in part to
Speaker 1: an eleven billion global industry that is set to grow
Speaker 1: to twenty billion by Let's tear down those trees and
Speaker 1: let's burn them. That's good for the environment anyway, clown
Speaker 1: world at its greatest. You're listening to the Markma Show
Speaker 1: talking about the way the world is changing from centralization decentralization,
Speaker 1: and these are the stories that highlighted. This is insanity
Speaker 1: at its worst. It's not gonna last for much longer.
Speaker 1: I think the European Union is going to break up.
Speaker 1: I made a video about it. You can check out
Speaker 1: on my YouTube channel and I'll keep bringing you the
Speaker 1: latest stories. You can stay up to date on it.
Speaker 1: Let me know what you think. Me up on social
Speaker 1: media at one Mark Moss. I'd love to hear from you,
Speaker 1: and that's what I got. Thanks for listening, Until next time.