1 00:00:00,240 --> 00:00:02,080 Speaker 1: All right, welcome back. You are listening to the Mark 2 00:00:02,160 --> 00:00:04,480 Speaker 1: Mo Show. We're talking about bitcoin, We're talking about this 3 00:00:04,559 --> 00:00:08,680 Speaker 1: decentralized revolution, We're talking about all the craziness that is 4 00:00:08,720 --> 00:00:12,719 Speaker 1: going on in the world today. Um, there's no shortage 5 00:00:12,760 --> 00:00:14,640 Speaker 1: of news headlines to talk about, and so today I 6 00:00:14,680 --> 00:00:16,680 Speaker 1: want to bring you I want to get you caught 7 00:00:16,760 --> 00:00:19,440 Speaker 1: up on the latest breaking news of what's happening. I'm 8 00:00:19,520 --> 00:00:22,279 Speaker 1: joined in the studio today by Justine. You can find 9 00:00:22,280 --> 00:00:25,640 Speaker 1: her on Twitter at Misshotel h O d L. That's 10 00:00:25,720 --> 00:00:29,800 Speaker 1: right at Misshotel Justine Harper. Um, Justine, thanks for joining 11 00:00:29,840 --> 00:00:31,920 Speaker 1: me today. Thanks so much for having me. Glad to 12 00:00:31,920 --> 00:00:34,040 Speaker 1: be here. Yeah, I love I love talking to you. 13 00:00:34,159 --> 00:00:36,000 Speaker 1: I love your takes on all these things and so 14 00:00:36,400 --> 00:00:38,240 Speaker 1: UM anyway, I'm always happy when you can take a 15 00:00:38,320 --> 00:00:41,080 Speaker 1: chance to join me. Um. And uh, yeah, there's just 16 00:00:41,440 --> 00:00:43,920 Speaker 1: no shortage. I'm sure you've been probably your head spending 17 00:00:43,920 --> 00:00:45,320 Speaker 1: trying to keep up with all the news that's going 18 00:00:45,360 --> 00:00:49,000 Speaker 1: around lately. Yes, Um, it has been an insane week 19 00:00:49,080 --> 00:00:51,320 Speaker 1: for news. Um, to the point where I've had to 20 00:00:51,440 --> 00:00:53,160 Speaker 1: I don't know if you have this this issue where 21 00:00:53,159 --> 00:00:55,640 Speaker 1: you have to like put all devices down, you get 22 00:00:55,640 --> 00:00:58,240 Speaker 1: so sucked in where you have to actually actively tell 23 00:00:58,280 --> 00:01:01,200 Speaker 1: yourself to walk away from it all. Very crazy week 24 00:01:01,240 --> 00:01:04,480 Speaker 1: and in news for sure. Yeah, well, unfortunately I don't 25 00:01:04,480 --> 00:01:06,560 Speaker 1: have the I don't have the ability to do that 26 00:01:06,600 --> 00:01:08,399 Speaker 1: because I have to report on the news all the time. 27 00:01:08,840 --> 00:01:11,319 Speaker 1: But to your voine and I I definitely understand. I 28 00:01:11,400 --> 00:01:14,680 Speaker 1: was saying that earlier that I'm reminded of this quote 29 00:01:14,680 --> 00:01:17,280 Speaker 1: by Vladimir Lenin where he said that there's decades where 30 00:01:17,319 --> 00:01:20,280 Speaker 1: nothing seems to happen, and then there's days where decades 31 00:01:20,280 --> 00:01:22,720 Speaker 1: seems to happen. And over the last probably two or 32 00:01:22,760 --> 00:01:24,720 Speaker 1: three weeks, I mean really the last two years, but 33 00:01:24,959 --> 00:01:26,679 Speaker 1: certainly the last two or three weeks, I mean, it's 34 00:01:26,720 --> 00:01:31,319 Speaker 1: just really been escalating. And in regards to bitcoin, I 35 00:01:31,319 --> 00:01:36,440 Speaker 1: mean it's just been thrust right onto the world stage. Yes, um, 36 00:01:36,480 --> 00:01:40,280 Speaker 1: the bitcoin section has been on fire lately. I feel 37 00:01:40,280 --> 00:01:42,880 Speaker 1: like every day we're talking about something new, and we 38 00:01:42,920 --> 00:01:45,000 Speaker 1: almost sort of forget about whatever it was we were 39 00:01:45,000 --> 00:01:47,600 Speaker 1: talking just a few days ago. In fact, when you 40 00:01:47,640 --> 00:01:49,360 Speaker 1: invited me to come on, I was like, well, heck, like, 41 00:01:49,520 --> 00:01:51,840 Speaker 1: what stories are we going to talk about? There's just 42 00:01:51,960 --> 00:01:55,440 Speaker 1: so much, like there's so much happening that it's hard 43 00:01:55,480 --> 00:01:57,560 Speaker 1: to Uh yeah, I keep my head on straight, and 44 00:01:57,600 --> 00:02:00,360 Speaker 1: I'm sure yes, for you, it's even worse because this 45 00:02:00,400 --> 00:02:02,120 Speaker 1: is what you're doing day and day out. I can, 46 00:02:02,200 --> 00:02:04,080 Speaker 1: I can try to force myself to walk away from 47 00:02:04,080 --> 00:02:06,840 Speaker 1: it occasionally, but I can't imagine how you're trying to 48 00:02:06,920 --> 00:02:11,040 Speaker 1: keep up. So yeah, crazy times. Indeed, I'm wondering. You know, 49 00:02:11,120 --> 00:02:14,280 Speaker 1: you work for a bitcoin company, Unchained Capital, which is 50 00:02:14,360 --> 00:02:16,000 Speaker 1: a sponsor of the show, by the way, which is 51 00:02:16,200 --> 00:02:17,519 Speaker 1: not why I have you on. I have you on 52 00:02:17,560 --> 00:02:19,480 Speaker 1: because I like talking to you, But you do happen 53 00:02:19,520 --> 00:02:21,160 Speaker 1: to work for Unchained Capital, which is a sponsor of 54 00:02:21,200 --> 00:02:25,320 Speaker 1: the show. But you know, being a bitcoin company, obviously 55 00:02:25,360 --> 00:02:28,120 Speaker 1: as a company, you guys have marketing, um, but bitcoin 56 00:02:28,160 --> 00:02:30,480 Speaker 1: itself isn't isn't a company. I mean, it's just a 57 00:02:30,520 --> 00:02:32,480 Speaker 1: it's a piece of code, right, it's a it's a code, 58 00:02:32,480 --> 00:02:34,919 Speaker 1: and there is no marketing. But it seems like all 59 00:02:34,919 --> 00:02:37,520 Speaker 1: this craziness is really doing some of the marketing for us. 60 00:02:37,520 --> 00:02:41,000 Speaker 1: Have you noticed any kind of uptick from that, you think, Yeah, 61 00:02:41,000 --> 00:02:43,560 Speaker 1: I mean we've seen a huge increase um one on 62 00:02:43,639 --> 00:02:46,680 Speaker 1: self custody, which I think is I mean, I'm extremely 63 00:02:46,680 --> 00:02:49,239 Speaker 1: passionate about self custody. I believe you are as well, 64 00:02:49,360 --> 00:02:52,040 Speaker 1: and so any time they're sort of examples in the 65 00:02:52,080 --> 00:02:55,400 Speaker 1: news of why individuals really, really truly need to hold 66 00:02:55,440 --> 00:02:58,519 Speaker 1: the keys to their wealth. UM. I find that refreshing 67 00:02:58,639 --> 00:03:01,480 Speaker 1: in a way that people are lead like understanding why 68 00:03:01,520 --> 00:03:03,480 Speaker 1: it's important, and we do see an uptick from that. 69 00:03:03,960 --> 00:03:07,720 Speaker 1: UM also moving funds off exchanges. Many times our clients 70 00:03:07,720 --> 00:03:11,360 Speaker 1: are very new, so they need may need hands on support. Uh, 71 00:03:11,400 --> 00:03:13,600 Speaker 1: they've never done a bitcoin transaction? How do they move 72 00:03:13,639 --> 00:03:16,040 Speaker 1: these funds? Often exchange so they don't find themselves in 73 00:03:16,040 --> 00:03:18,040 Speaker 1: a situation where they're cut off from their wealth. So 74 00:03:18,320 --> 00:03:20,800 Speaker 1: we've definitely had an uptick in UM what we would call, 75 00:03:20,800 --> 00:03:23,280 Speaker 1: I guess support questions and support help where we then 76 00:03:23,320 --> 00:03:27,400 Speaker 1: walk a client through that UM. So yes, definitely. Uh. 77 00:03:27,480 --> 00:03:31,080 Speaker 1: The News has been doing some marketing for us UM, 78 00:03:31,120 --> 00:03:33,360 Speaker 1: but in that realm, it's like our focus is helping 79 00:03:33,400 --> 00:03:36,480 Speaker 1: people plan their wealth for sure. Can you see or 80 00:03:36,640 --> 00:03:39,200 Speaker 1: or can you even say, has there been an uptick 81 00:03:39,280 --> 00:03:42,760 Speaker 1: from Canada? You know, one thing that we've had is 82 00:03:42,800 --> 00:03:46,680 Speaker 1: a lot of people have questions, UM, you know, hey 83 00:03:47,040 --> 00:03:51,040 Speaker 1: is unchanged going to work with the government to take 84 00:03:51,080 --> 00:03:53,800 Speaker 1: away my bitcoin? Well? We don't hold your bitcoin, right. 85 00:03:53,840 --> 00:03:56,480 Speaker 1: That's what makes us vastly different from like a centralized 86 00:03:56,520 --> 00:03:59,040 Speaker 1: exchange is we have no custody of your bitcoin. What 87 00:03:59,080 --> 00:04:01,760 Speaker 1: we're doing is helping to empower you to hold your bitcoin. 88 00:04:02,160 --> 00:04:04,440 Speaker 1: So definitely have been a lot of questions that have 89 00:04:04,520 --> 00:04:06,320 Speaker 1: come up regarding this that we've sort of had to 90 00:04:06,480 --> 00:04:10,080 Speaker 1: reflect on. UM. I believe we had an article come 91 00:04:10,080 --> 00:04:12,480 Speaker 1: out today. If it hasn't come out yet, it will 92 00:04:12,520 --> 00:04:15,080 Speaker 1: be soon about sort of our stance on that UM. 93 00:04:15,120 --> 00:04:17,280 Speaker 1: But also yeah, I mean, we are very different than 94 00:04:17,320 --> 00:04:19,760 Speaker 1: say in exchange, but we've gotten lots of questions about that, 95 00:04:19,800 --> 00:04:22,400 Speaker 1: and lots of people wanted to move to self custody 96 00:04:22,440 --> 00:04:25,960 Speaker 1: because of perhaps what they're seeing in Canada UM, and 97 00:04:26,000 --> 00:04:27,360 Speaker 1: you know, they need some help with it. So that's 98 00:04:27,360 --> 00:04:29,640 Speaker 1: where unchained comes in. I even had I made a 99 00:04:29,640 --> 00:04:32,880 Speaker 1: tweet about this, but I had a wedding vendor actually 100 00:04:32,880 --> 00:04:34,719 Speaker 1: reach out to me after realizing what I did for 101 00:04:34,720 --> 00:04:38,440 Speaker 1: a living and essentially was like, hey, UM, I hold crypto. 102 00:04:38,800 --> 00:04:42,040 Speaker 1: I I don't hold it on a key, I control 103 00:04:42,560 --> 00:04:45,120 Speaker 1: UM and I really feel like with the current environment 104 00:04:45,160 --> 00:04:47,120 Speaker 1: in Canada, like this is something I really need to do. 105 00:04:47,400 --> 00:04:49,720 Speaker 1: Can you show me how and an exchange, I'll give 106 00:04:49,760 --> 00:04:52,119 Speaker 1: you like a discount on your vendor services for your wedding. 107 00:04:52,160 --> 00:04:54,040 Speaker 1: And it was just like wow, like this is really 108 00:04:54,400 --> 00:04:56,880 Speaker 1: where we are at this point. Normal what we call 109 00:04:57,000 --> 00:04:59,640 Speaker 1: Normy's right are actually like heck, I I really need 110 00:04:59,680 --> 00:05:02,440 Speaker 1: to be off costading this stuff, even if they're just experimenting, 111 00:05:02,680 --> 00:05:06,120 Speaker 1: experimenting quote unquote with with corypt. So definitely seen that 112 00:05:06,160 --> 00:05:08,360 Speaker 1: in my personal life as well. Yeah. The one thing 113 00:05:08,440 --> 00:05:13,240 Speaker 1: I say is that you know, um, there's like urgency, right, 114 00:05:13,320 --> 00:05:16,600 Speaker 1: So like, um, I believe in chiropractic. Right, I've been 115 00:05:16,640 --> 00:05:19,320 Speaker 1: going to chiropractic for you know, most of my life. Um, 116 00:05:19,360 --> 00:05:21,280 Speaker 1: I believe in the benefits of it. Not everyone does. 117 00:05:21,360 --> 00:05:23,840 Speaker 1: I do. Um. But even though I believe in it, 118 00:05:23,880 --> 00:05:26,200 Speaker 1: and even though I like it, I don't go all 119 00:05:26,240 --> 00:05:28,640 Speaker 1: the time. I typically only go when I'm in pain. 120 00:05:29,160 --> 00:05:30,839 Speaker 1: And so there's like this something that has to like 121 00:05:30,880 --> 00:05:32,840 Speaker 1: trigger this urgency, Like I don't have time to go 122 00:05:32,880 --> 00:05:35,560 Speaker 1: to chiropractory, but if I'm in pain and everything gets 123 00:05:35,640 --> 00:05:37,600 Speaker 1: dropped and I'm gonna go, right, And so we kind 124 00:05:37,600 --> 00:05:39,359 Speaker 1: of have the same thing. And in the rest of 125 00:05:39,360 --> 00:05:42,040 Speaker 1: our lives and so um where we've seen in the 126 00:05:42,120 --> 00:05:44,719 Speaker 1: United States and Canada, in places like Western Europe that 127 00:05:44,800 --> 00:05:47,640 Speaker 1: people like I don't really understand why bitcoin is important, 128 00:05:47,680 --> 00:05:50,440 Speaker 1: but if you're in Venezuela or in Africa or something 129 00:05:50,480 --> 00:05:53,440 Speaker 1: like that, you see it. Um. But now all of 130 00:05:53,480 --> 00:05:55,880 Speaker 1: a sudden, like, what's not going on in Canada? Um, 131 00:05:55,920 --> 00:05:58,520 Speaker 1: they've brought this urgency. And so when they're telling everybody 132 00:05:58,560 --> 00:06:01,840 Speaker 1: they're going to freeze their bank account. Um. There's a 133 00:06:01,920 --> 00:06:05,320 Speaker 1: video clip of going around of Jordan Peterson, who has 134 00:06:05,520 --> 00:06:08,320 Speaker 1: become a biitcoin advocate, it seems like and um, there 135 00:06:08,360 --> 00:06:10,200 Speaker 1: was a video clip of him and he said, Hey, 136 00:06:10,240 --> 00:06:12,240 Speaker 1: I was getting some calls from some of my friends 137 00:06:12,320 --> 00:06:13,839 Speaker 1: high up in the in the government, in the military, 138 00:06:14,080 --> 00:06:16,400 Speaker 1: and they told me to get my money out of 139 00:06:16,400 --> 00:06:18,159 Speaker 1: the bank. And so now that's all of a sudden, 140 00:06:18,200 --> 00:06:20,800 Speaker 1: there's like this, uh, this urgency right now everybody has 141 00:06:20,839 --> 00:06:24,760 Speaker 1: a big reason. Um. So it's it's been pretty good marketing, yeah, 142 00:06:24,800 --> 00:06:26,800 Speaker 1: and I think that, I mean, it's as sad as 143 00:06:26,839 --> 00:06:29,159 Speaker 1: it is to say, like, there are terrible things happening 144 00:06:29,200 --> 00:06:32,040 Speaker 1: in this world, and I definitely would never cheer it on, right, 145 00:06:32,080 --> 00:06:34,159 Speaker 1: So it's like this weird balance of I don't want 146 00:06:34,200 --> 00:06:36,479 Speaker 1: there to be these things that make people scared that 147 00:06:36,520 --> 00:06:38,400 Speaker 1: they need to do this thing. But I also don't 148 00:06:38,400 --> 00:06:40,320 Speaker 1: want them to be in a situation where they can't 149 00:06:40,360 --> 00:06:42,600 Speaker 1: access their wealth when they need to. And yeah, the 150 00:06:42,640 --> 00:06:45,160 Speaker 1: stuff that happened in Canada was sort of a we 151 00:06:45,279 --> 00:06:47,680 Speaker 1: know that these things have sort of been happening in 152 00:06:47,920 --> 00:06:50,320 Speaker 1: countries perhaps that aren't right in front of us. Um, 153 00:06:50,360 --> 00:06:52,320 Speaker 1: you know this is happening all over the world, but 154 00:06:52,360 --> 00:06:54,200 Speaker 1: to see it in such a vast scale in Canada 155 00:06:54,240 --> 00:06:56,719 Speaker 1: where we don't agree with what you're saying, we don't 156 00:06:56,720 --> 00:06:59,640 Speaker 1: agree with your political stance. Um, I think even one 157 00:06:59,760 --> 00:07:01,880 Speaker 1: and forget exactly who it was mentioned, like if you 158 00:07:01,960 --> 00:07:05,880 Speaker 1: support Trump, you may likely have your accounts frozen. Like 159 00:07:05,960 --> 00:07:08,440 Speaker 1: this is insane. This is an insane aspect, no matter 160 00:07:08,520 --> 00:07:12,120 Speaker 1: which side of the parties you find yourself on, Like, 161 00:07:12,200 --> 00:07:14,280 Speaker 1: this is a line that has it in my opinion, 162 00:07:14,360 --> 00:07:17,360 Speaker 1: been crossed in a country like Canada or the US 163 00:07:17,400 --> 00:07:19,440 Speaker 1: on such a wide scale. So I think for a 164 00:07:19,440 --> 00:07:21,320 Speaker 1: lot of people that definitely open their eyes of like, 165 00:07:21,400 --> 00:07:24,160 Speaker 1: oh man, this could really happen. If this could happen 166 00:07:24,200 --> 00:07:26,680 Speaker 1: to these individuals, it could happen to anyone. So yeah, 167 00:07:26,680 --> 00:07:30,320 Speaker 1: I think it has definitely become a discussion. Um. And 168 00:07:31,240 --> 00:07:33,480 Speaker 1: I mean I hate to say it's good marketing, but 169 00:07:33,560 --> 00:07:35,440 Speaker 1: if my goal is to help as many people as 170 00:07:35,480 --> 00:07:38,240 Speaker 1: possible hold their own keys so they can't be cut 171 00:07:38,240 --> 00:07:40,720 Speaker 1: off from their wealth, then yes, this is helping to 172 00:07:41,040 --> 00:07:42,720 Speaker 1: get people to wake up to the need to do 173 00:07:42,760 --> 00:07:45,040 Speaker 1: so as well. I think your analogy is great. When 174 00:07:45,080 --> 00:07:47,800 Speaker 1: it hurts, we we make a move, right um, and 175 00:07:47,920 --> 00:07:51,040 Speaker 1: right now it's hurting. Yeah, when the when the urgency 176 00:07:51,160 --> 00:07:53,480 Speaker 1: is high enough, right and so, um. You know when 177 00:07:53,520 --> 00:07:56,320 Speaker 1: when you're in Venezuela and they inflate your currency by 178 00:07:57,760 --> 00:08:00,280 Speaker 1: pent in a year, that's a pretty higher to see 179 00:08:00,320 --> 00:08:02,360 Speaker 1: to get out of that currency into something else. Now, 180 00:08:02,400 --> 00:08:04,960 Speaker 1: in the United States, the FED inflated our currency by 181 00:08:05,000 --> 00:08:09,480 Speaker 1: about thirty Um. I don't like that. That's pretty high 182 00:08:09,480 --> 00:08:11,840 Speaker 1: for me. Radalio says cash is trated pretty high for him. 183 00:08:12,040 --> 00:08:14,480 Speaker 1: Not everybody's really feeling the pain. If you're in Lebanon 184 00:08:14,520 --> 00:08:18,640 Speaker 1: and it's then you're pretty motivated, and so at some 185 00:08:18,720 --> 00:08:22,760 Speaker 1: point everybody will be motivated. And of course, like I said, um, 186 00:08:22,960 --> 00:08:25,080 Speaker 1: when the government tells you that you don't have the 187 00:08:25,160 --> 00:08:26,840 Speaker 1: right to store your money in a way that we 188 00:08:26,920 --> 00:08:30,760 Speaker 1: can't steal from you kind of makes me want to 189 00:08:30,800 --> 00:08:33,000 Speaker 1: get my money banks. Kind of like in the United States, 190 00:08:33,040 --> 00:08:35,880 Speaker 1: anytime they start talking about gun control, the sales of 191 00:08:35,920 --> 00:08:38,480 Speaker 1: guns go through the roof, and it's kind of like 192 00:08:38,559 --> 00:08:40,920 Speaker 1: this marketing UM. And so I think that's kind of 193 00:08:40,920 --> 00:08:44,120 Speaker 1: what we're seeing. UM. A lot of stories I want 194 00:08:44,120 --> 00:08:46,880 Speaker 1: to dig into US. I want to start transitioning, dig 195 00:08:46,960 --> 00:08:49,160 Speaker 1: dig into a couple of these stories. One of them, 196 00:08:49,160 --> 00:08:51,640 Speaker 1: specifically I want to talk to you about because it's 197 00:08:51,640 --> 00:08:56,640 Speaker 1: specifically about self custodial wallets UM, which is which is 198 00:08:56,679 --> 00:08:59,000 Speaker 1: a pretty big topic listening to the Mark mass Show. 199 00:08:59,040 --> 00:09:01,199 Speaker 1: I'll be right back with more. All right, welcome back. 200 00:09:01,240 --> 00:09:03,600 Speaker 1: You are listening to the markma Show and we're talking 201 00:09:03,640 --> 00:09:07,120 Speaker 1: about bitcoin. We're talking about the decentralized revolution. We are 202 00:09:07,160 --> 00:09:10,160 Speaker 1: talking about the craziness that is going around in the world, 203 00:09:10,480 --> 00:09:12,559 Speaker 1: and not only how to make sense of it, well, 204 00:09:12,559 --> 00:09:13,920 Speaker 1: I guess how to make sense of it so that 205 00:09:13,960 --> 00:09:17,840 Speaker 1: we can navigate it properly to build, grow, protect our wealth, UM, 206 00:09:17,920 --> 00:09:21,200 Speaker 1: and maintain our freedom. Right. All freedom starts with the 207 00:09:21,200 --> 00:09:25,280 Speaker 1: ability to transact UM. Now before the break, well, I'm 208 00:09:25,320 --> 00:09:28,680 Speaker 1: talking with Justine Harper. That's a mishotal that's M. S. 209 00:09:28,840 --> 00:09:31,640 Speaker 1: H O D l Um and she's with me in 210 00:09:31,640 --> 00:09:34,000 Speaker 1: the studio today. We were talking about, Um, you know 211 00:09:34,000 --> 00:09:36,600 Speaker 1: the importance of being able to control our own money. 212 00:09:36,679 --> 00:09:39,560 Speaker 1: Like I said, all freedom starts with the ability to transact. 213 00:09:39,960 --> 00:09:45,000 Speaker 1: And um, the money in the bank legally isn't my money. 214 00:09:45,200 --> 00:09:48,400 Speaker 1: And that's why sometimes many times for me, unfortunately the 215 00:09:48,440 --> 00:09:52,120 Speaker 1: bank has blocked a wire transfer. Nope. For example, my 216 00:09:52,160 --> 00:09:54,200 Speaker 1: banks in Puerto Rico, they've given me too many warnings 217 00:09:54,640 --> 00:09:56,559 Speaker 1: and they said that I can't because I keep trying 218 00:09:56,600 --> 00:09:58,319 Speaker 1: to send it to different places. I can't send it 219 00:09:58,360 --> 00:10:00,959 Speaker 1: to any crypto businesses anymore. Um. I sent a wire 220 00:10:01,080 --> 00:10:02,719 Speaker 1: just even here at my local bank in the US, 221 00:10:02,760 --> 00:10:05,000 Speaker 1: at Wells Fargo to my sister and they said, do 222 00:10:05,000 --> 00:10:06,920 Speaker 1: you know who this is? I said, yeah, it's my sister. No, 223 00:10:07,000 --> 00:10:09,840 Speaker 1: but do you really know. I'm like, she's my blood. Yeah, 224 00:10:09,880 --> 00:10:11,920 Speaker 1: but are you sure right? Um? And so they want 225 00:10:11,960 --> 00:10:14,679 Speaker 1: to control that. So because they have my money, I 226 00:10:14,720 --> 00:10:17,200 Speaker 1: don't control it. So we're talking about self custody. With bitcoin. 227 00:10:17,640 --> 00:10:20,520 Speaker 1: It solves the oldest problem in the world, the oldest 228 00:10:20,559 --> 00:10:24,800 Speaker 1: problem that mankind has had is how do I secure 229 00:10:24,880 --> 00:10:29,400 Speaker 1: my property? So it's not stolen and uh, bitcoin fixes 230 00:10:29,440 --> 00:10:32,440 Speaker 1: that and so we can custody ourselves very easily. Now 231 00:10:32,760 --> 00:10:35,200 Speaker 1: what's interesting, Justine is I was seeing, you know, like 232 00:10:35,200 --> 00:10:36,920 Speaker 1: I said, trying to keep up with all this news. 233 00:10:36,960 --> 00:10:40,439 Speaker 1: There's an article that came out where it says regulators 234 00:10:40,440 --> 00:10:46,679 Speaker 1: in Canada Warren crypto exchanges not to promote self custody wallets. Wow, 235 00:10:47,080 --> 00:10:50,480 Speaker 1: So the Ontario Securities Commission sent tweets from coin Based 236 00:10:50,480 --> 00:10:54,560 Speaker 1: CEO Brian I'm Strong and Cracking CEO Jesse Powell to 237 00:10:54,760 --> 00:10:59,440 Speaker 1: the Canadian police because, supposedly, it says here in the article, 238 00:10:59,480 --> 00:11:02,839 Speaker 1: tweets from the CEOs of coin Based and Cracking advocated 239 00:11:02,920 --> 00:11:06,400 Speaker 1: self custody of digital assets and they're being looked at 240 00:11:06,440 --> 00:11:10,080 Speaker 1: by the Royal Canadian Mounted Police for violating sanctions put 241 00:11:10,120 --> 00:11:15,199 Speaker 1: in place to curb the trucker protests in the country. So, um, 242 00:11:15,280 --> 00:11:19,640 Speaker 1: let's see. So they're helping people violate sanctions, or it 243 00:11:19,640 --> 00:11:23,400 Speaker 1: says here offering advice on how to evade sanctions on 244 00:11:23,600 --> 00:11:26,959 Speaker 1: funds because they're saying, if you don't want to have 245 00:11:27,000 --> 00:11:28,960 Speaker 1: your bank accounts frozen, you should get your money out 246 00:11:28,960 --> 00:11:31,480 Speaker 1: of the bank, and apparently telling people to get their 247 00:11:31,480 --> 00:11:34,640 Speaker 1: money on the bank is evading sanctions on funds and 248 00:11:34,440 --> 00:11:37,120 Speaker 1: what do you think about that? Well, it may not 249 00:11:37,240 --> 00:11:39,160 Speaker 1: be a surprise to you or anyone else that I 250 00:11:39,160 --> 00:11:43,000 Speaker 1: think this is um insanity, right, UM, And I think 251 00:11:43,000 --> 00:11:46,320 Speaker 1: it shows very clearly that they understand that an individual 252 00:11:46,360 --> 00:11:51,120 Speaker 1: who cannot be censored financially is a is something they 253 00:11:51,160 --> 00:11:54,400 Speaker 1: should be concerned concerned about. They control us throughout money, right, 254 00:11:54,440 --> 00:11:56,200 Speaker 1: this is how they can do everything. This is how 255 00:11:56,200 --> 00:12:00,440 Speaker 1: they can invade, invade countries right through our assets, through 256 00:12:00,520 --> 00:12:03,920 Speaker 1: our wealth. UM. And having the ability to opt out 257 00:12:03,920 --> 00:12:06,079 Speaker 1: of that and not allow them to control as by 258 00:12:06,080 --> 00:12:09,720 Speaker 1: their wealth, by our wealth, should scare them. Right. The 259 00:12:09,760 --> 00:12:12,640 Speaker 1: idea that the Canadian government feels like they can tell 260 00:12:12,679 --> 00:12:16,679 Speaker 1: a US company that they can't tell people this self 261 00:12:16,720 --> 00:12:19,760 Speaker 1: custody is insane to me. I I actually laughed when 262 00:12:19,760 --> 00:12:21,679 Speaker 1: I read that headline, and I was really proud of 263 00:12:21,679 --> 00:12:23,959 Speaker 1: the of UM. You know, I don't say I'm proud 264 00:12:23,960 --> 00:12:26,360 Speaker 1: of coin based often, UM, but I was proud of 265 00:12:26,520 --> 00:12:29,400 Speaker 1: Brian and Jesse kind of surprises me often, but I 266 00:12:29,440 --> 00:12:31,240 Speaker 1: was proud of them for essentially being like, no, you 267 00:12:31,280 --> 00:12:33,720 Speaker 1: should move your funds, like this is definitely something you 268 00:12:33,720 --> 00:12:36,719 Speaker 1: should do. The CEO of an exchange saying to move 269 00:12:36,760 --> 00:12:40,040 Speaker 1: your funds off their exchange, I think is pretty phenomenal 270 00:12:40,160 --> 00:12:42,840 Speaker 1: in my opinion, and does very much highlight really what 271 00:12:42,920 --> 00:12:46,320 Speaker 1: we're up against when it comes to government entities having 272 00:12:46,360 --> 00:12:49,000 Speaker 1: full control or banks, let's just say banks having full 273 00:12:49,040 --> 00:12:51,400 Speaker 1: control of your assets. It's it's really not yours. As 274 00:12:51,400 --> 00:12:53,200 Speaker 1: you mentioned, they get to decide how you use it, 275 00:12:53,240 --> 00:12:54,960 Speaker 1: and if use it a way they don't agree with, 276 00:12:55,280 --> 00:12:57,120 Speaker 1: they can cut you off from it very quickly with 277 00:12:57,240 --> 00:13:00,600 Speaker 1: a with a stroke of a pen. Right. Um, but 278 00:13:00,640 --> 00:13:02,440 Speaker 1: this isn't the first time they've done this, Right, this 279 00:13:02,480 --> 00:13:04,440 Speaker 1: isn't the first time they said you can't hold your assets. 280 00:13:04,480 --> 00:13:06,440 Speaker 1: We've saw that happen with gold. They tried to say, no, 281 00:13:06,559 --> 00:13:09,400 Speaker 1: you can't. You can't custody your gold. You can't own that. 282 00:13:09,559 --> 00:13:11,200 Speaker 1: You you have to have that in a bank. So 283 00:13:11,679 --> 00:13:16,160 Speaker 1: it is interesting to be seeing this again. Um, but 284 00:13:16,280 --> 00:13:18,480 Speaker 1: I think it just highlights the importance of it, right, Like, 285 00:13:18,600 --> 00:13:21,240 Speaker 1: we really need to get people to where they can 286 00:13:21,320 --> 00:13:23,760 Speaker 1: self custody because there may be a time where these 287 00:13:23,800 --> 00:13:27,160 Speaker 1: centralized exchanges are told no, nobody can move it off 288 00:13:27,200 --> 00:13:29,559 Speaker 1: to a wallet they control. Um, So we got to 289 00:13:29,559 --> 00:13:32,040 Speaker 1: get ahead of that for sure. Yeah, I mean to 290 00:13:32,040 --> 00:13:33,959 Speaker 1: to what Justine's saying there, If you guys aren't caught 291 00:13:34,000 --> 00:13:37,280 Speaker 1: up on your monetary history, then uh, for thousands of years, 292 00:13:37,320 --> 00:13:41,320 Speaker 1: for basically all of all alternity humanity, gold has been 293 00:13:41,320 --> 00:13:43,360 Speaker 1: money for about five thousand years. Gold is money. I 294 00:13:43,360 --> 00:13:45,400 Speaker 1: mean we had rocks and seashells and feathers and things 295 00:13:45,440 --> 00:13:48,720 Speaker 1: like that, um, but gold was money. And of course 296 00:13:48,760 --> 00:13:50,640 Speaker 1: gold is big and heavy, so it doesn't real it's 297 00:13:50,640 --> 00:13:52,760 Speaker 1: not easy to transact with. And so what happened is 298 00:13:52,760 --> 00:13:54,360 Speaker 1: we put it in the banks, and then the banks 299 00:13:54,360 --> 00:13:56,839 Speaker 1: gave us these paper gold receipts that were redeemable for 300 00:13:57,240 --> 00:14:02,560 Speaker 1: that gold. And in Nree Act six two, UM, the government, 301 00:14:02,600 --> 00:14:05,400 Speaker 1: the United States government went on what they called a 302 00:14:05,440 --> 00:14:08,000 Speaker 1: bank holiday. I mean they went on holiday and you 303 00:14:08,000 --> 00:14:10,160 Speaker 1: couldn't get your money out. And when they open back up, 304 00:14:11,440 --> 00:14:13,480 Speaker 1: they seized all your gold. You were not allowed to 305 00:14:13,480 --> 00:14:15,360 Speaker 1: get that gold out. And what's even worse than that 306 00:14:15,760 --> 00:14:19,040 Speaker 1: is those those fake paper goldstificates, those redeemable certificates. They 307 00:14:19,040 --> 00:14:22,040 Speaker 1: were no longer redeemable, but before they were worth of 308 00:14:22,080 --> 00:14:24,960 Speaker 1: those redeemable certificates, twenty dollars were worth an ounce of gold. 309 00:14:25,960 --> 00:14:28,680 Speaker 1: After they seized all your gold. It was thirty five 310 00:14:28,880 --> 00:14:31,440 Speaker 1: of those paper goalsertificates for an ounce of gold, which 311 00:14:31,440 --> 00:14:33,640 Speaker 1: means not only they seize it, not only they steal 312 00:14:33,680 --> 00:14:37,440 Speaker 1: your gold, um and made you use these fake paper certificates. Um, 313 00:14:37,480 --> 00:14:40,040 Speaker 1: they also devalue them at the same time. And so 314 00:14:40,080 --> 00:14:42,760 Speaker 1: when you think this can't happen the United States, it 315 00:14:43,040 --> 00:14:46,520 Speaker 1: already did. And the problem is is that once you 316 00:14:46,600 --> 00:14:48,720 Speaker 1: give that money to somebody, whether it's the cash in 317 00:14:48,760 --> 00:14:51,160 Speaker 1: your Canadian bank today or the gold that you put 318 00:14:51,160 --> 00:14:53,480 Speaker 1: in the bank before, um, they seize your money. And 319 00:14:53,520 --> 00:14:56,600 Speaker 1: so um, yeah, it's pretty it's pretty evident that we 320 00:14:56,680 --> 00:14:58,800 Speaker 1: need to be able to do that. And I guess 321 00:14:58,800 --> 00:15:01,080 Speaker 1: good on. Like you said, not a lot of things 322 00:15:01,080 --> 00:15:03,040 Speaker 1: to praise a coin baseed for, but this is one 323 00:15:03,080 --> 00:15:05,320 Speaker 1: of them. For sure. It actually pained me to say that, 324 00:15:05,360 --> 00:15:08,480 Speaker 1: but hey, you gotta call it like we see it, right, Yeah, yeah, 325 00:15:08,560 --> 00:15:11,000 Speaker 1: for sure. Have have you guys got any notices about 326 00:15:11,000 --> 00:15:15,280 Speaker 1: a promoting self custody? We haven't. Actually, no, we have 327 00:15:15,400 --> 00:15:17,640 Speaker 1: not had any notices of that. I think there will 328 00:15:17,680 --> 00:15:20,000 Speaker 1: be sort of an educational lesson. I think it was 329 00:15:20,240 --> 00:15:22,600 Speaker 1: was it numb nunchuck? I'm trying to think of the 330 00:15:23,280 --> 00:15:25,800 Speaker 1: where sort of like we don't hold funds, like we can't. 331 00:15:26,160 --> 00:15:28,000 Speaker 1: So it's sort of similar with us, like we don't 332 00:15:28,000 --> 00:15:30,760 Speaker 1: hold funds. UM. So you can tell us we can't 333 00:15:30,800 --> 00:15:33,760 Speaker 1: do so, but we don't. We're not holding funds. UM. 334 00:15:33,840 --> 00:15:35,400 Speaker 1: I will say, I'm very proud to be a part 335 00:15:35,440 --> 00:15:38,440 Speaker 1: of a company who believes in individual freedom and is 336 00:15:38,440 --> 00:15:40,800 Speaker 1: willing to fight for them. UM. So I do think 337 00:15:40,880 --> 00:15:44,240 Speaker 1: that if we came to that, UM, I would be 338 00:15:44,280 --> 00:15:47,520 Speaker 1: proud of what our our company UM says or does. 339 00:15:47,600 --> 00:15:49,040 Speaker 1: I guess it's a good way to put it. Yeah, 340 00:15:49,080 --> 00:15:51,400 Speaker 1: what she was saying about Nunchuck, I don't know. I 341 00:15:51,400 --> 00:15:53,000 Speaker 1: didn't do any research. I mean, do you know if 342 00:15:53,000 --> 00:15:54,600 Speaker 1: that's legit or was that just kind of a meme 343 00:15:54,600 --> 00:15:57,480 Speaker 1: going around. I'm not sure it wasn't. Actually it was 344 00:15:57,520 --> 00:16:01,240 Speaker 1: like yeah, just go ahead. Yeah. It was like it 345 00:16:01,280 --> 00:16:04,320 Speaker 1: looked like it was a response that like maybe the 346 00:16:04,560 --> 00:16:08,160 Speaker 1: Canadian government had contacted Nunchuck and said, um, hey, you know, 347 00:16:08,200 --> 00:16:10,600 Speaker 1: we need to access your customers funds or whatever, and 348 00:16:10,640 --> 00:16:13,280 Speaker 1: it was like their response and it said, um, hey, 349 00:16:13,520 --> 00:16:16,280 Speaker 1: you don't understand how bitcoin works, like, uh, not only 350 00:16:16,320 --> 00:16:19,040 Speaker 1: won't we help you, we can't help you. Um And 351 00:16:19,080 --> 00:16:21,600 Speaker 1: they said, but they said, but we could help you. Um, 352 00:16:21,640 --> 00:16:23,960 Speaker 1: whenever I think you know your currency failed and you 353 00:16:23,960 --> 00:16:26,000 Speaker 1: may want to move into bitcoin, I think we can 354 00:16:26,040 --> 00:16:27,720 Speaker 1: help you. And it was like there's real snarky, kind 355 00:16:27,720 --> 00:16:30,640 Speaker 1: of tongue in cheek response. But but but it was 356 00:16:30,680 --> 00:16:33,120 Speaker 1: two things. One, it highlighted that the governments don't know 357 00:16:33,160 --> 00:16:35,880 Speaker 1: anything about what they're talking about, because if they did, 358 00:16:35,880 --> 00:16:37,760 Speaker 1: they would they would never have asked that in the 359 00:16:37,800 --> 00:16:40,520 Speaker 1: first place. But then it also just highlighted the fact 360 00:16:40,560 --> 00:16:43,280 Speaker 1: that these companies, if if done right, like what end 361 00:16:43,320 --> 00:16:46,600 Speaker 1: chain does, it's not that they won't decide to censor you. 362 00:16:47,360 --> 00:16:50,000 Speaker 1: I said they can't. And that's a big difference because 363 00:16:50,520 --> 00:16:53,280 Speaker 1: um Jess Powell Jesse Powell from from Crack and I 364 00:16:53,320 --> 00:16:55,960 Speaker 1: saw publicly on Twitter. UM he was asked like, hey, 365 00:16:56,000 --> 00:16:58,200 Speaker 1: will crack and protect me from the government. He said, no, 366 00:16:58,760 --> 00:17:02,200 Speaker 1: we can't. Don't expect us to. As a matter of fact, 367 00:17:02,240 --> 00:17:04,760 Speaker 1: I'm telling you that we won't. The only way you 368 00:17:04,800 --> 00:17:07,320 Speaker 1: can protect yourself is to get it off the exchange. 369 00:17:07,359 --> 00:17:09,360 Speaker 1: And so that's kind of what Nunchuck was saying, is like, hey, 370 00:17:09,520 --> 00:17:13,360 Speaker 1: we can't help you. We don't have access to that UM. 371 00:17:13,359 --> 00:17:15,200 Speaker 1: And so anyway that was That was a great response. 372 00:17:15,600 --> 00:17:17,640 Speaker 1: By the way, you're listening to the Mark Moa Show. 373 00:17:17,640 --> 00:17:20,640 Speaker 1: We're talking about bitcoin, the decentralized Revolution. We're talking about 374 00:17:20,640 --> 00:17:22,879 Speaker 1: the craziness going on in the world today. I'm in 375 00:17:22,880 --> 00:17:25,080 Speaker 1: the studio with Justine Harper. You can find her on 376 00:17:25,080 --> 00:17:28,399 Speaker 1: Twitter at miss Hotel. That's M. S h O d L. 377 00:17:28,720 --> 00:17:31,480 Speaker 1: Talking about the latest breaking news headlines of the week 378 00:17:31,760 --> 00:17:34,119 Speaker 1: and discussing them. Hopefully it's joable for you. I got 379 00:17:34,200 --> 00:17:35,880 Speaker 1: a lot more news to get through. Don't go away, 380 00:17:35,880 --> 00:17:38,480 Speaker 1: I'll be right back. Hey everyone, welcome back. You're listening 381 00:17:38,480 --> 00:17:40,479 Speaker 1: to the Mark Moa Show. We're talking about bitcoin, We're 382 00:17:40,520 --> 00:17:43,840 Speaker 1: talking about the decentralized revolution. We are talking about this 383 00:17:44,200 --> 00:17:47,320 Speaker 1: rapidly changing world that we are living in them and 384 00:17:47,320 --> 00:17:50,200 Speaker 1: it's literally changing right before our very eyes. Before the 385 00:17:50,240 --> 00:17:52,760 Speaker 1: break up, I'm in the studio with Justine Harper. You 386 00:17:52,800 --> 00:17:55,080 Speaker 1: can find her on Twitter at miss Hotel. That's M. 387 00:17:55,160 --> 00:17:57,800 Speaker 1: S h O d L. We've been discussing some of 388 00:17:57,800 --> 00:18:01,360 Speaker 1: these crazy news headlines. Were previously just talking about what's 389 00:18:01,359 --> 00:18:03,880 Speaker 1: going on in Canada and how crazy that is up there, 390 00:18:04,080 --> 00:18:06,960 Speaker 1: how they're literally telling people they're freezing, They're gonna freeze 391 00:18:06,960 --> 00:18:10,520 Speaker 1: their accounts, seize their money, prevent them from transacting. And 392 00:18:10,560 --> 00:18:13,600 Speaker 1: then you know, bitcoin is a center stage and everybody's 393 00:18:13,600 --> 00:18:16,120 Speaker 1: looking at it. And then and then Canada comes goes 394 00:18:16,160 --> 00:18:19,760 Speaker 1: after some of these uh uh exchanges like coin based 395 00:18:19,760 --> 00:18:22,240 Speaker 1: and cracking and tells the CEO is like, hey, you 396 00:18:22,359 --> 00:18:25,280 Speaker 1: can't be promoting for people to hold their money outside 397 00:18:25,280 --> 00:18:29,280 Speaker 1: the bank. How dare you tell people they could actually 398 00:18:29,280 --> 00:18:30,560 Speaker 1: get money out of the bank. I mean, that's just 399 00:18:30,600 --> 00:18:34,359 Speaker 1: absolutely ridiculous. Um. But anyway, we discussed that and uh. 400 00:18:34,440 --> 00:18:36,320 Speaker 1: But at the same time, what's interesting is, at the 401 00:18:36,359 --> 00:18:40,399 Speaker 1: same time that's happening, it seems like there's uh, you know, 402 00:18:40,600 --> 00:18:44,879 Speaker 1: this attack happening. And I think probably the attack vector, 403 00:18:44,960 --> 00:18:46,800 Speaker 1: one of the EASi attack vectors, is going to be 404 00:18:47,040 --> 00:18:50,200 Speaker 1: on that custody piece. Um. So one of the ways 405 00:18:50,240 --> 00:18:52,480 Speaker 1: they want to attack bitcoin and cryptocurrency is tell you 406 00:18:52,560 --> 00:18:55,320 Speaker 1: that you don't have the right to custody it. Um. Justine, 407 00:18:55,320 --> 00:18:57,159 Speaker 1: I don't know if you saw, but there was a 408 00:18:57,240 --> 00:19:00,680 Speaker 1: headline a news article that came out there's a representative 409 00:19:00,920 --> 00:19:06,320 Speaker 1: Davidson from Ohio that's submitted a bill for um basically 410 00:19:06,600 --> 00:19:09,239 Speaker 1: making it legal to self custody. I don't know did 411 00:19:09,280 --> 00:19:11,000 Speaker 1: you see that at all. I did see it and 412 00:19:11,040 --> 00:19:12,800 Speaker 1: saw his comments on it. I haven't gone in and 413 00:19:12,880 --> 00:19:15,520 Speaker 1: specifically read the bill, um, but from my understanding, it 414 00:19:15,600 --> 00:19:19,000 Speaker 1: was protecting the individual's right to self custody and asset 415 00:19:19,080 --> 00:19:22,800 Speaker 1: like bitcoin. So from a high level overview, it sounds 416 00:19:22,880 --> 00:19:25,480 Speaker 1: great and very much in my opinion, shows that even 417 00:19:25,520 --> 00:19:28,480 Speaker 1: though I don't think most politicians or government understand bitcoin, 418 00:19:28,600 --> 00:19:30,200 Speaker 1: we have a few good soldiers out there, you know, 419 00:19:30,320 --> 00:19:34,320 Speaker 1: trying to at least, um, sort of protect our individual 420 00:19:34,400 --> 00:19:36,800 Speaker 1: freedom to hold an asset like bitcoin. Yeah, I mean 421 00:19:36,840 --> 00:19:38,680 Speaker 1: we're getting more and more by any but you know 422 00:19:38,840 --> 00:19:41,520 Speaker 1: by the day. Um. So this is Ohio's it's called 423 00:19:41,720 --> 00:19:47,200 Speaker 1: Keep your Coins Act. Important important in protecting self custody 424 00:19:47,320 --> 00:19:51,080 Speaker 1: rights for Americans. So it's called Keep your Coins Act, um, 425 00:19:51,160 --> 00:19:54,040 Speaker 1: which is pretty cool and uh to your point justin Yeah, 426 00:19:54,040 --> 00:19:55,720 Speaker 1: I mean, we're getting more and more people that are 427 00:19:55,840 --> 00:19:58,879 Speaker 1: jumping into this. Cynthia Loomis, who is doing a lot, 428 00:19:59,000 --> 00:20:01,159 Speaker 1: She's in Wyoming, she's can speaking at the Bitcoin conference 429 00:20:01,200 --> 00:20:04,400 Speaker 1: coming up here, the Bitcoin Converce two. But this Keep 430 00:20:04,440 --> 00:20:07,720 Speaker 1: your Coin Act, unlike Canada, which is showing is U 431 00:20:08,440 --> 00:20:11,120 Speaker 1: is a violation to these rights. And according to Ohio's 432 00:20:11,160 --> 00:20:15,320 Speaker 1: Congressman Warren Davidson. He's addressing the recent developments in Canada 433 00:20:15,320 --> 00:20:18,960 Speaker 1: where authorities are freezing crypto assets and uh. Davidson says 434 00:20:19,040 --> 00:20:22,080 Speaker 1: that the proposed act can help prevent such occurrences in 435 00:20:22,200 --> 00:20:25,760 Speaker 1: the United States, where authorities and regulatory agencies would freely 436 00:20:25,800 --> 00:20:30,080 Speaker 1: decide to violate citizens rights to transact their personal assets. 437 00:20:30,760 --> 00:20:34,000 Speaker 1: Um just for dissenting. He introduced the bill last week. 438 00:20:34,040 --> 00:20:36,879 Speaker 1: If enacted, the act would prevent any federal agency from 439 00:20:36,960 --> 00:20:41,760 Speaker 1: restricting citizens from spending their crypto and purchasing goods or 440 00:20:41,800 --> 00:20:44,960 Speaker 1: services or on other personal use like spending it directly 441 00:20:45,040 --> 00:20:48,200 Speaker 1: to other people. And it also seeks to protect transaction 442 00:20:48,280 --> 00:20:53,680 Speaker 1: privacy for all peer to peer transactions. Hmm, imagine that, Um, 443 00:20:54,880 --> 00:20:57,480 Speaker 1: in the Land of the Free, we actually have to 444 00:20:57,600 --> 00:21:01,800 Speaker 1: pass a law that allows hoose people to have the 445 00:21:02,000 --> 00:21:07,280 Speaker 1: right to transact purchased good services or send to other people. Yeah, 446 00:21:07,560 --> 00:21:08,960 Speaker 1: do we need to pass a lot like that in 447 00:21:08,960 --> 00:21:10,320 Speaker 1: the Land of the Free? I mean, what the heck 448 00:21:10,440 --> 00:21:12,960 Speaker 1: is going on here? Justine? You know, I find it. 449 00:21:13,240 --> 00:21:16,159 Speaker 1: It's it's kind of um disheartening in a way that 450 00:21:16,280 --> 00:21:18,800 Speaker 1: when we say Land of the Free, my cynical self 451 00:21:18,840 --> 00:21:21,359 Speaker 1: inside goes, Really, I can't even buy raw milk, right, Like, 452 00:21:21,840 --> 00:21:26,199 Speaker 1: are we really the Land of the free at this? Yes? 453 00:21:26,359 --> 00:21:28,960 Speaker 1: Exactly exactly, So it is. I agree with you. It's like, 454 00:21:29,040 --> 00:21:32,639 Speaker 1: we shouldn't have to have this bill. But if I 455 00:21:32,760 --> 00:21:35,600 Speaker 1: think about sort of a if I zoom out, you know, 456 00:21:35,640 --> 00:21:38,000 Speaker 1: bitcoin can't be stopped. Nobody can stop you and I 457 00:21:38,119 --> 00:21:41,520 Speaker 1: from transacting with bitcoin, but these on ramps can be 458 00:21:41,600 --> 00:21:45,480 Speaker 1: stopped stopped. Right, So in a worst case scenario, if 459 00:21:45,520 --> 00:21:48,480 Speaker 1: the US government decided to tell every exchange tomorrow, nobody 460 00:21:48,520 --> 00:21:52,359 Speaker 1: can move funds off. That's bad for a lot of people, right. Um, 461 00:21:52,720 --> 00:21:56,320 Speaker 1: So I do applaud this bill that it even starts 462 00:21:56,320 --> 00:22:00,440 Speaker 1: a discussion. Maybe it leads to education. Um, maybe it 463 00:22:00,600 --> 00:22:03,439 Speaker 1: leads to protecting. In my opinion, are God given right 464 00:22:03,840 --> 00:22:05,720 Speaker 1: right um? And the fact that we have to have 465 00:22:05,800 --> 00:22:08,359 Speaker 1: a bill to protect that right is insane to me. 466 00:22:08,640 --> 00:22:11,520 Speaker 1: But I applaud it because hey, the world's a crazy 467 00:22:11,600 --> 00:22:15,000 Speaker 1: place and maybe yeah we need that now. Um, but 468 00:22:15,160 --> 00:22:17,040 Speaker 1: yes it is. It is kind of Uh, it is 469 00:22:17,040 --> 00:22:18,960 Speaker 1: a comical thing to think about. In the Land of 470 00:22:19,000 --> 00:22:21,359 Speaker 1: the Free, we need to build to say hey, oh yeah, okay, 471 00:22:21,400 --> 00:22:23,560 Speaker 1: you can you can own your money, like you can 472 00:22:23,600 --> 00:22:26,359 Speaker 1: hold it. That's totally fine. Yeah, And I don't know 473 00:22:26,440 --> 00:22:27,920 Speaker 1: what kind of support it has, but I'm sure it'll 474 00:22:27,960 --> 00:22:30,320 Speaker 1: get some pushed back, so that will be an interesting 475 00:22:30,400 --> 00:22:32,600 Speaker 1: thing to watch as well. Yeah, for sure. I mean, 476 00:22:32,680 --> 00:22:34,359 Speaker 1: it's just it's it's just crazy. I do say a 477 00:22:34,400 --> 00:22:35,800 Speaker 1: tongue in cheek the Land of three, but I mean 478 00:22:36,160 --> 00:22:38,040 Speaker 1: it's not supposed to be tongue in cheek. I mean, 479 00:22:38,440 --> 00:22:41,800 Speaker 1: that's really what it is, or it was. They haven't 480 00:22:41,920 --> 00:22:44,479 Speaker 1: changed the national anthem yet, but you know, I supposed 481 00:22:44,480 --> 00:22:45,720 Speaker 1: to be the land of free, So it's crazy we 482 00:22:45,760 --> 00:22:48,040 Speaker 1: have to pass a law that allows us to be free. Um. 483 00:22:48,119 --> 00:22:49,879 Speaker 1: But to your point, Justine, I agree with you. I 484 00:22:49,920 --> 00:22:53,520 Speaker 1: mean I do applaud Davidson in Ohio from putting that together, 485 00:22:53,560 --> 00:22:56,080 Speaker 1: So I like that. Um. And it's interesting to see this. Uh, 486 00:22:56,400 --> 00:22:59,760 Speaker 1: it's almost what I'm calling this balconization, and so balconization 487 00:22:59,880 --> 00:23:01,520 Speaker 1: is and you know, the U, S, S, RFL and 488 00:23:01,560 --> 00:23:03,199 Speaker 1: all these nations kind of broke apart, and it's kind 489 00:23:03,200 --> 00:23:05,160 Speaker 1: of what we're seeing in the United States where we had, 490 00:23:05,280 --> 00:23:09,399 Speaker 1: like the Biden administration put in these federal mandates and 491 00:23:09,440 --> 00:23:14,520 Speaker 1: then states sued and said no that adn't happening right, um, 492 00:23:14,680 --> 00:23:17,800 Speaker 1: and we're now. We saw the Biden administration said they're 493 00:23:17,800 --> 00:23:21,480 Speaker 1: going to come out with executive orders to regulate cryptocurrencies. 494 00:23:21,800 --> 00:23:23,440 Speaker 1: They haven't told us what those are yet. It's like 495 00:23:23,440 --> 00:23:26,200 Speaker 1: an announcement of an announcement. We also saw the Treasury 496 00:23:26,720 --> 00:23:29,840 Speaker 1: um um yelling said that they have now unlimited budget 497 00:23:29,920 --> 00:23:34,520 Speaker 1: and power to regulate cryptocurrency, whatever that means, um, And 498 00:23:34,600 --> 00:23:37,399 Speaker 1: so they're gonna regulate it. They're gonna do something like 499 00:23:37,480 --> 00:23:39,959 Speaker 1: I said, probably this attack vector is gonna be this custody. 500 00:23:40,480 --> 00:23:43,280 Speaker 1: But at the same time as they're saying that, we're 501 00:23:43,320 --> 00:23:47,639 Speaker 1: seeing states moving to legalize it. So Colorado is to 502 00:23:47,720 --> 00:23:51,040 Speaker 1: become the first state to accept cryptocurrency as payment for taxes, 503 00:23:51,080 --> 00:23:53,639 Speaker 1: It says. Colorado will become the first state to accept 504 00:23:53,640 --> 00:23:57,240 Speaker 1: cryptocurrency as payment for state taxes and fees, said Governor 505 00:23:57,680 --> 00:24:01,560 Speaker 1: Jared Paulus. Paula said the state will take the digital 506 00:24:01,640 --> 00:24:04,400 Speaker 1: coin payments and deposit the equivalent value in dollars into 507 00:24:04,440 --> 00:24:07,679 Speaker 1: the States treasury. He said, quote in Colorado, we've been 508 00:24:07,760 --> 00:24:10,760 Speaker 1: laying the groundwork to be the center of crypto innovation 509 00:24:10,880 --> 00:24:13,240 Speaker 1: for for a number of years. We see it as 510 00:24:13,280 --> 00:24:17,879 Speaker 1: a critical part of Colorado's overall innovation ecosystem, and then 511 00:24:17,880 --> 00:24:21,200 Speaker 1: announcement comes as legislators in other states, including Arizona and 512 00:24:21,520 --> 00:24:24,960 Speaker 1: California even are proposing laws which have ratified, would deem 513 00:24:24,960 --> 00:24:29,000 Speaker 1: cryptocurrency and accepted form of payments statewide, not just for 514 00:24:29,160 --> 00:24:33,040 Speaker 1: tax purposes. So while the United States the Biden admin 515 00:24:33,280 --> 00:24:35,840 Speaker 1: might be moving to regulated, the states seem to be 516 00:24:36,280 --> 00:24:38,320 Speaker 1: trying to make it legal. I mean, what do you 517 00:24:38,359 --> 00:24:41,280 Speaker 1: think about this battle? I actually love the battle. I 518 00:24:41,400 --> 00:24:44,119 Speaker 1: love keeping people honest. UM. I think this is the 519 00:24:44,240 --> 00:24:47,040 Speaker 1: beauty of the United States of America, right, this is 520 00:24:47,080 --> 00:24:50,240 Speaker 1: how it's supposed to be. Um. Each state can choose 521 00:24:50,359 --> 00:24:54,320 Speaker 1: its own, um to a point, its own laws, in 522 00:24:54,400 --> 00:24:56,680 Speaker 1: its own choices as far as what they want to do. 523 00:24:56,840 --> 00:24:58,959 Speaker 1: And I think that for a long time, we never 524 00:24:59,080 --> 00:25:03,040 Speaker 1: really saw state disagreeing with any sort of federal thing. Maybe, 525 00:25:03,080 --> 00:25:06,680 Speaker 1: you know, maybe with marijuana, right we had some some 526 00:25:06,880 --> 00:25:09,239 Speaker 1: states that have legalized it when as a federal law 527 00:25:09,280 --> 00:25:11,160 Speaker 1: it was so illegal. So maybe that was the last 528 00:25:11,200 --> 00:25:13,560 Speaker 1: time we saw the sort of occurring. But I like 529 00:25:13,720 --> 00:25:15,680 Speaker 1: to see it. I think we do need that pushback, 530 00:25:15,760 --> 00:25:17,680 Speaker 1: and I think it keeps everybody honest. And I think 531 00:25:18,000 --> 00:25:20,280 Speaker 1: it sort of opens up sort of a you know, 532 00:25:20,400 --> 00:25:23,840 Speaker 1: a free, free free market, right, I can choose what 533 00:25:24,000 --> 00:25:25,920 Speaker 1: state I want to live on and live in. I 534 00:25:25,960 --> 00:25:28,200 Speaker 1: can't speak anymore which state I whant to live in 535 00:25:28,680 --> 00:25:30,760 Speaker 1: based on sort of what they believe and what they 536 00:25:30,880 --> 00:25:33,600 Speaker 1: enforce and the you know, their local laws, and that's 537 00:25:33,640 --> 00:25:36,440 Speaker 1: why it's supposed to be. UM. So I do love 538 00:25:36,560 --> 00:25:39,760 Speaker 1: to see this. I'm very curious how this, how this occurs. 539 00:25:39,880 --> 00:25:41,639 Speaker 1: I've always sort of said that I don't think the 540 00:25:41,840 --> 00:25:44,800 Speaker 1: US government will ever ban bitcoin. It doesn't it's not 541 00:25:44,880 --> 00:25:47,240 Speaker 1: in their best interest. They will tax it, and they 542 00:25:47,280 --> 00:25:50,680 Speaker 1: will find a way to um benefit from it. And 543 00:25:50,800 --> 00:25:54,040 Speaker 1: so I'm sort of I don't have the answers, UM, 544 00:25:54,200 --> 00:25:56,080 Speaker 1: but I do like to see these sorts of things. 545 00:25:56,200 --> 00:25:57,720 Speaker 1: I like to see the push. I like to see 546 00:25:57,720 --> 00:26:01,960 Speaker 1: these conversations occur where it's senators and congressmen who have 547 00:26:02,320 --> 00:26:05,800 Speaker 1: no idea what they're talking about, don't understand cryptocurrency whatsoever, 548 00:26:05,880 --> 00:26:08,600 Speaker 1: sort of being schooled by those who do. UM. It's 549 00:26:08,680 --> 00:26:11,840 Speaker 1: interesting for sure. So I'm I'm I'm excited to see it. 550 00:26:12,600 --> 00:26:14,760 Speaker 1: I have questioned there had been some answer. They were 551 00:26:14,840 --> 00:26:18,040 Speaker 1: creating their old legal tender Bitcoin, which I question if 552 00:26:18,080 --> 00:26:22,280 Speaker 1: that's even legal. Um, And so it's an interesting time 553 00:26:22,359 --> 00:26:24,000 Speaker 1: in the bitcoin world. But I do love to see 554 00:26:24,040 --> 00:26:28,280 Speaker 1: these states sort of like entering the race, if you will. Yeah, yeah, 555 00:26:28,320 --> 00:26:30,080 Speaker 1: I love the competition as well. That's the way it 556 00:26:30,119 --> 00:26:32,960 Speaker 1: should be. The states should all be independent, which creates competition, 557 00:26:33,000 --> 00:26:36,000 Speaker 1: and competition of course creates better product, service and prices 558 00:26:36,080 --> 00:26:39,720 Speaker 1: for us. UM, not that we're customers, but maybe that 559 00:26:39,800 --> 00:26:42,240 Speaker 1: we could be like customers. And of course the competition 560 00:26:42,320 --> 00:26:44,800 Speaker 1: is even speeding up, worse than that or more than that, 561 00:26:44,920 --> 00:26:48,200 Speaker 1: even internationally. Now, now you listening to the markma Show. 562 00:26:48,400 --> 00:26:50,800 Speaker 1: We're talking about the latest news headlines with Justine Harper, 563 00:26:50,840 --> 00:26:53,040 Speaker 1: Miss Hotel. I got lots more to come, so don't 564 00:26:53,080 --> 00:26:55,159 Speaker 1: go away, all right, Welcome back here, listening to the 565 00:26:55,200 --> 00:26:57,440 Speaker 1: Mark Moa Show. We're talking about bitcoin. We're talking about 566 00:26:57,480 --> 00:27:01,320 Speaker 1: the decentralized revolution. We're talking about what the heck is 567 00:27:01,359 --> 00:27:03,520 Speaker 1: going on in the world today. We're talking about politics, 568 00:27:03,600 --> 00:27:06,720 Speaker 1: We're talking about finance, We're talking about technology. We're talking 569 00:27:06,760 --> 00:27:08,760 Speaker 1: about all those things, or really I should say the 570 00:27:08,920 --> 00:27:12,560 Speaker 1: intersection of those things. And I'm in the studio today 571 00:27:12,600 --> 00:27:14,720 Speaker 1: with Justine Harper. You can find her on Twitter at 572 00:27:14,800 --> 00:27:18,000 Speaker 1: Misshotel that's M S h O d L. And we're 573 00:27:18,040 --> 00:27:20,520 Speaker 1: talking about some of these latest breaking news headlines. It's 574 00:27:20,600 --> 00:27:24,440 Speaker 1: kind of discussing it. UM. It's wacky stuff, it's interesting stuff, 575 00:27:24,480 --> 00:27:27,240 Speaker 1: and all of that. Before the break, we're talking specifically 576 00:27:27,280 --> 00:27:30,639 Speaker 1: about UM. We're seeing these states starting to compete. So 577 00:27:30,760 --> 00:27:34,600 Speaker 1: while Canada's cracking down on on bitcoin and cryptocurrencies UM, 578 00:27:34,680 --> 00:27:36,800 Speaker 1: and then the Biden admin and the Treasury says they're 579 00:27:36,800 --> 00:27:38,800 Speaker 1: gonna start cracking down on it, we have states in 580 00:27:38,880 --> 00:27:42,920 Speaker 1: the United States like Colorado, Arizona, and Texas moving to 581 00:27:43,680 --> 00:27:47,040 Speaker 1: legalize it or or make it even legal tender. And 582 00:27:47,160 --> 00:27:49,440 Speaker 1: Justine was saying how she likes it because it kind 583 00:27:49,480 --> 00:27:52,119 Speaker 1: of creates this competition which kind of keeps everybody honest, 584 00:27:52,160 --> 00:27:54,680 Speaker 1: which I agree. And it's even bigger than that. So 585 00:27:55,080 --> 00:27:59,920 Speaker 1: not only are states competing, but we also have countries competing. 586 00:28:00,119 --> 00:28:02,680 Speaker 1: So uh, if you've been listening to me and you 587 00:28:02,720 --> 00:28:04,760 Speaker 1: haven't been living under a rock, then you already know 588 00:28:04,880 --> 00:28:08,359 Speaker 1: by now that UM. Last year UM, the country of 589 00:28:08,440 --> 00:28:11,199 Speaker 1: El Salvado became the first country to make it bitcoin, 590 00:28:11,320 --> 00:28:14,480 Speaker 1: make make bitcoin legal tender. And now it looks like 591 00:28:14,840 --> 00:28:18,639 Speaker 1: Mexico is starting to move in the same direction. Now, 592 00:28:18,760 --> 00:28:21,879 Speaker 1: I believe it's Mexico's richest person in the world, Richard 593 00:28:22,000 --> 00:28:24,200 Speaker 1: Ricardo Salinas. I think it is. I don't have it 594 00:28:24,200 --> 00:28:25,800 Speaker 1: pulled up in front of me. Sorry if I butchered that. 595 00:28:26,240 --> 00:28:29,600 Speaker 1: Um and he is a huge bitcoin proponent and he's 596 00:28:29,680 --> 00:28:32,080 Speaker 1: going to start accepting bitcoin at all his stores. But 597 00:28:32,200 --> 00:28:34,399 Speaker 1: it's not just rich people in Mexico using it. Now 598 00:28:34,520 --> 00:28:39,280 Speaker 1: we have a Mexican senator that's introducing a bill to 599 00:28:39,400 --> 00:28:45,160 Speaker 1: make bitcoin legal tender in Mexico. Indira Kempus recently featured 600 00:28:45,200 --> 00:28:49,120 Speaker 1: in an interview and she was basically discussing her intention 601 00:28:49,160 --> 00:28:52,840 Speaker 1: to propose a bill that would make bitcoin legal tender 602 00:28:53,080 --> 00:28:56,120 Speaker 1: in Mexico. She's a Mexican senator from the state of 603 00:28:56,240 --> 00:29:00,800 Speaker 1: Nuevo Leone and um. She said that the impact bitcoin 604 00:29:00,920 --> 00:29:05,160 Speaker 1: has had in El Salvador and the inevitable benefits bitcoin 605 00:29:05,320 --> 00:29:09,760 Speaker 1: has to offer the people of Mexico are important. She said, 606 00:29:09,880 --> 00:29:13,719 Speaker 1: quote El Salvador is undoubtedly becoming the most important hub 607 00:29:14,040 --> 00:29:17,280 Speaker 1: or laboratory in the world. About the future with bitcoin, 608 00:29:18,120 --> 00:29:19,760 Speaker 1: She went on to say, it is clear to me 609 00:29:19,880 --> 00:29:23,320 Speaker 1: that financial exclusion is one of the public problems that 610 00:29:23,440 --> 00:29:26,280 Speaker 1: few of us have addressed with feasible alternatives, and that 611 00:29:26,400 --> 00:29:29,280 Speaker 1: this type of technology allowing us to generate an alternative, 612 00:29:29,760 --> 00:29:33,239 Speaker 1: a way, a solution so that millions of people can 613 00:29:33,320 --> 00:29:37,200 Speaker 1: be included in the financial system. So what she's saying 614 00:29:37,320 --> 00:29:40,320 Speaker 1: is that per the UN about two billion adults in 615 00:29:40,360 --> 00:29:43,000 Speaker 1: the world, more than more than half the adults in 616 00:29:43,000 --> 00:29:47,239 Speaker 1: the world have no access to the financial system. So, UM, 617 00:29:47,320 --> 00:29:50,080 Speaker 1: if you have a smartphone these days, um, the world's 618 00:29:50,080 --> 00:29:52,640 Speaker 1: pretty equal. Um, anywhere in the world, I could have 619 00:29:52,720 --> 00:29:55,840 Speaker 1: an Instagram account or a YouTube channel, and I could 620 00:29:55,920 --> 00:29:58,560 Speaker 1: learn anything, I could meet anyone, I could do anything. 621 00:29:58,640 --> 00:30:01,640 Speaker 1: I can make money. A thirteen year old kid could 622 00:30:01,680 --> 00:30:03,640 Speaker 1: have Instagram account make a hundred thousand dollars a year. 623 00:30:04,200 --> 00:30:08,160 Speaker 1: But not if they're not not if they're removed from 624 00:30:08,200 --> 00:30:10,240 Speaker 1: the banking system. And so that's really the key. And 625 00:30:10,280 --> 00:30:11,880 Speaker 1: so what she's saying here is just like what El 626 00:30:11,880 --> 00:30:14,840 Speaker 1: Salvador has done, it's create an alternative system to allow 627 00:30:15,000 --> 00:30:18,120 Speaker 1: people to be including the financial system. What do you 628 00:30:18,160 --> 00:30:20,920 Speaker 1: think about that, Justine, I think this is a positive, 629 00:30:21,080 --> 00:30:23,840 Speaker 1: of course. Um. I mean, I know there were many 630 00:30:23,920 --> 00:30:26,160 Speaker 1: of us last year when it was announced that al 631 00:30:26,200 --> 00:30:30,200 Speaker 1: Salvador was going to begin, um create making bitcoin legal 632 00:30:30,280 --> 00:30:31,920 Speaker 1: tender that we knew this was going to be the 633 00:30:32,000 --> 00:30:34,760 Speaker 1: first step of many right, many countries. We're going to 634 00:30:34,840 --> 00:30:37,960 Speaker 1: watch and see how it benefited Al Savador, which I 635 00:30:38,000 --> 00:30:40,120 Speaker 1: think it has greatly, um, and they were going to 636 00:30:40,200 --> 00:30:42,960 Speaker 1: fallow suit. Um. So I think that this is great 637 00:30:43,000 --> 00:30:45,160 Speaker 1: for Bitcoin, of course, but I think this is great 638 00:30:45,360 --> 00:30:47,720 Speaker 1: for the world. This is great for the citizens of 639 00:30:47,840 --> 00:30:50,440 Speaker 1: Mexico as well as you know, the citizens of El Salvador. 640 00:30:50,800 --> 00:30:52,600 Speaker 1: I think when we live in the West, we get 641 00:30:52,720 --> 00:30:54,720 Speaker 1: very spoiled and we don't realize the things that we 642 00:30:54,800 --> 00:30:58,040 Speaker 1: take advantage for every single day are not things people 643 00:30:58,080 --> 00:31:01,080 Speaker 1: have access to elsewhere. Um, and decoin really solves a 644 00:31:01,120 --> 00:31:04,320 Speaker 1: problem for them. So I I love to see it. Um. 645 00:31:04,600 --> 00:31:06,200 Speaker 1: It's I feel like we all sort of knew this 646 00:31:06,360 --> 00:31:08,280 Speaker 1: was going to happen. We were sort of taking bets 647 00:31:08,360 --> 00:31:10,560 Speaker 1: on which country was going to do it right, And 648 00:31:10,640 --> 00:31:13,920 Speaker 1: I'm very glad to see that it's Mexico because you know, 649 00:31:14,160 --> 00:31:17,600 Speaker 1: many of their citizens struggle just on on daily things. Um. 650 00:31:17,920 --> 00:31:20,880 Speaker 1: They don't have the access that they need to to 651 00:31:21,000 --> 00:31:23,320 Speaker 1: be able to further their life in a positive way. 652 00:31:23,440 --> 00:31:25,520 Speaker 1: And so I think I'm excited to see it. I 653 00:31:25,560 --> 00:31:27,560 Speaker 1: hope it goes through. I hope they have success. And 654 00:31:27,640 --> 00:31:29,800 Speaker 1: I think that's just the first of any I think 655 00:31:29,840 --> 00:31:31,520 Speaker 1: it's only a matter of time before it goes through. 656 00:31:31,640 --> 00:31:33,400 Speaker 1: I mean, I hope it goes through. I think it will, 657 00:31:33,560 --> 00:31:36,040 Speaker 1: right maybe not this first go around. I was just 658 00:31:36,120 --> 00:31:39,080 Speaker 1: down in Mexico last weekend. UM, down in Cancoon. I 659 00:31:39,200 --> 00:31:41,400 Speaker 1: love it Mexico. We we typically spent about two months 660 00:31:41,440 --> 00:31:42,960 Speaker 1: a year down there. I'm a surfer, so I chase 661 00:31:43,000 --> 00:31:44,760 Speaker 1: waves down there all the time. But what I love 662 00:31:44,800 --> 00:31:46,880 Speaker 1: about Mexico is you just kind of feel free down there. 663 00:31:46,920 --> 00:31:48,680 Speaker 1: And it's interesting, is I spend, like I said, a 664 00:31:48,720 --> 00:31:50,800 Speaker 1: lot of time down there, and every time I come 665 00:31:50,960 --> 00:31:53,680 Speaker 1: home from Mexico, back to the Land of the Free, 666 00:31:53,960 --> 00:31:57,040 Speaker 1: I feel less free down there. It's like it just 667 00:31:57,120 --> 00:31:59,760 Speaker 1: seems so open and free. Um. But yet here at home, 668 00:31:59,840 --> 00:32:03,280 Speaker 1: every think so restrictive. UM. But also, if you look 669 00:32:03,320 --> 00:32:05,360 Speaker 1: back really over the last two years, you know, when 670 00:32:05,440 --> 00:32:08,240 Speaker 1: the whole world went into the state of lockdown, if 671 00:32:08,280 --> 00:32:11,680 Speaker 1: you will, Mexico remained one of the freest places in 672 00:32:11,720 --> 00:32:14,200 Speaker 1: the world. They were one of the first places in 673 00:32:14,240 --> 00:32:17,240 Speaker 1: the world to have no restrictions of any type of 674 00:32:17,280 --> 00:32:19,960 Speaker 1: mandate anything like that. And so um, It kind of 675 00:32:20,080 --> 00:32:22,960 Speaker 1: makes sense that they would do this as as somebody 676 00:32:23,000 --> 00:32:25,600 Speaker 1: who's free. Now, also, you know nations that are not 677 00:32:25,920 --> 00:32:29,080 Speaker 1: on the US dollar or I should say, um, yeah, 678 00:32:29,160 --> 00:32:31,400 Speaker 1: they have their own currency. They can't They can kind 679 00:32:31,440 --> 00:32:34,480 Speaker 1: of create it, but um, they don't have the dollar 680 00:32:34,560 --> 00:32:36,400 Speaker 1: system to protect it. Kind of makes sense that they 681 00:32:36,480 --> 00:32:39,160 Speaker 1: may adopt that sooner than later. Um, we'll have to see. Now, 682 00:32:39,200 --> 00:32:42,080 Speaker 1: there was a report I saw from Fidelity that said 683 00:32:42,200 --> 00:32:45,080 Speaker 1: they think or they forecast that at least two more 684 00:32:45,240 --> 00:32:50,000 Speaker 1: nations will will create a legal tender of bitcoin this year. Uh, 685 00:32:50,200 --> 00:32:54,840 Speaker 1: do you have any guests on that. I don't. It's 686 00:32:54,880 --> 00:32:58,560 Speaker 1: one of those come on prediction. I don't. I mean, 687 00:33:00,520 --> 00:33:02,320 Speaker 1: I don't know. It's one of those things where I've 688 00:33:02,400 --> 00:33:05,000 Speaker 1: I've picked up I've looked at a map and been like, Okay, 689 00:33:05,040 --> 00:33:06,440 Speaker 1: who's it going to be? Because I feel like there 690 00:33:06,520 --> 00:33:08,280 Speaker 1: was this time where we as bit quarters for like, 691 00:33:08,320 --> 00:33:10,480 Speaker 1: all right, who's it going to be next? And I 692 00:33:10,560 --> 00:33:13,280 Speaker 1: don't know. I think, Um, I think South America makes 693 00:33:13,280 --> 00:33:15,000 Speaker 1: a lot of sense. Um. I would love to see 694 00:33:15,080 --> 00:33:18,640 Speaker 1: somewhere like Africa do it. Honestly, Um, I I would 695 00:33:18,680 --> 00:33:21,040 Speaker 1: love to see these these nations that are sort of 696 00:33:21,840 --> 00:33:25,960 Speaker 1: put under the thumb of of I'm not going to 697 00:33:26,120 --> 00:33:28,800 Speaker 1: call the United States a dictatorship, of course, but I 698 00:33:28,840 --> 00:33:31,800 Speaker 1: feel like we sort of like push our thumb on 699 00:33:31,960 --> 00:33:34,880 Speaker 1: other nations often and control them. And a lot of 700 00:33:34,960 --> 00:33:38,960 Speaker 1: it's due to money. Um. I'll try to speak carefully there, 701 00:33:39,200 --> 00:33:41,640 Speaker 1: but I think that if some of these countries could 702 00:33:41,680 --> 00:33:44,600 Speaker 1: have the freedom of not being held under the US 703 00:33:44,680 --> 00:33:47,160 Speaker 1: dollar in one way, shape or another and sort of 704 00:33:47,240 --> 00:33:49,480 Speaker 1: be empowered through bitcoin, it would it would solve so 705 00:33:49,560 --> 00:33:51,800 Speaker 1: many issues. UM. So I would love to see that. 706 00:33:52,280 --> 00:33:56,000 Speaker 1: I would say, I don't have any guesses though, see 707 00:33:56,080 --> 00:33:58,560 Speaker 1: this is this is the thing I'm not I'm not 708 00:33:58,640 --> 00:34:00,920 Speaker 1: good at that part. But it's like I'm rooting for it, 709 00:34:01,040 --> 00:34:02,680 Speaker 1: and I have all these hopes, but I don't know 710 00:34:02,760 --> 00:34:06,040 Speaker 1: if I have any guesses. What are your guesses? Um? 711 00:34:06,240 --> 00:34:09,399 Speaker 1: You know, I would say I could, I could see 712 00:34:09,760 --> 00:34:11,919 Speaker 1: maybe even three. I think two or three is probably 713 00:34:11,960 --> 00:34:14,319 Speaker 1: a pretty good number. I mean that's what Fidelity said. Um, 714 00:34:14,480 --> 00:34:16,160 Speaker 1: I think somewhere in the two to three range. I think, 715 00:34:16,239 --> 00:34:18,200 Speaker 1: you know, a lot of these Central American countries seem 716 00:34:18,280 --> 00:34:20,120 Speaker 1: like they're pretty close. A lot of it really depends 717 00:34:20,120 --> 00:34:22,400 Speaker 1: on what happens with bitcoin. This year. So obviously the 718 00:34:22,480 --> 00:34:25,880 Speaker 1: prices down um quite a bit right now. Um, I 719 00:34:25,960 --> 00:34:28,520 Speaker 1: think we're actually pump pump pretty hard this morning. It 720 00:34:29,000 --> 00:34:31,040 Speaker 1: really sold off yesterday because of the whole war breaking 721 00:34:31,120 --> 00:34:34,840 Speaker 1: off with them with Russia and Ukraine, and it dropped 722 00:34:34,840 --> 00:34:37,239 Speaker 1: all the way down to about thirty four thousand, but uh, 723 00:34:37,600 --> 00:34:40,600 Speaker 1: it pumped all the way back up to over almost 724 00:34:40,680 --> 00:34:43,600 Speaker 1: forty thousand again. UM. So you know, a lot of 725 00:34:43,640 --> 00:34:45,200 Speaker 1: it depends on what happens with that. I think if 726 00:34:45,280 --> 00:34:47,680 Speaker 1: the price starts moving again, I think there's it's maybe 727 00:34:47,719 --> 00:34:49,680 Speaker 1: we'll get on the high side of more countries adopting, 728 00:34:49,719 --> 00:34:52,319 Speaker 1: and if we stayed lower, maybe maybe on the lower side. Um, 729 00:34:52,400 --> 00:34:54,520 Speaker 1: you know, kind of see what happens from there. Um. 730 00:34:54,640 --> 00:34:58,000 Speaker 1: But while other countries seem to be adopting it, So 731 00:34:58,120 --> 00:35:00,520 Speaker 1: China got rid of bitcoin, all the coin minors, the 732 00:35:00,560 --> 00:35:04,440 Speaker 1: United States become the big beneficiary, and then um, now 733 00:35:04,960 --> 00:35:08,520 Speaker 1: you know we have the United States, individual states trying 734 00:35:08,560 --> 00:35:10,880 Speaker 1: to bring it on. Um. Now we see some some 735 00:35:11,080 --> 00:35:14,080 Speaker 1: stuff over in the EU. They're talking about banning bitcoin 736 00:35:14,239 --> 00:35:17,560 Speaker 1: because of energy concerns over there. I mean, it's just insane. 737 00:35:17,600 --> 00:35:20,040 Speaker 1: So it's like, well, it's this game theory that we 738 00:35:20,080 --> 00:35:22,319 Speaker 1: talked about while nations are moving into it, and then 739 00:35:22,360 --> 00:35:24,680 Speaker 1: we have other nations that want to be kicking themselves 740 00:35:24,760 --> 00:35:27,279 Speaker 1: out of it. Um So, I think that's gonna be 741 00:35:27,360 --> 00:35:29,880 Speaker 1: super interesting. Um So, I don't know. I guess I 742 00:35:29,920 --> 00:35:32,920 Speaker 1: would say, you know, I think the developed worlds of 743 00:35:33,040 --> 00:35:35,640 Speaker 1: basically the US and the West and Western Europe have 744 00:35:35,840 --> 00:35:38,320 Speaker 1: the most to lose, so they're gonna be the last. 745 00:35:38,800 --> 00:35:41,400 Speaker 1: Um the nations. I think, you know, probably more of 746 00:35:41,440 --> 00:35:44,279 Speaker 1: the Central American ones, even maybe some South American ones. 747 00:35:44,360 --> 00:35:47,520 Speaker 1: You're a gay Paraguay. Um maybe Brazil. Brazil has been 748 00:35:47,560 --> 00:35:49,719 Speaker 1: talking about it. Um I don't know. We can get 749 00:35:49,719 --> 00:35:52,560 Speaker 1: three or four. But anyway, you're listening to the Markmas show. 750 00:35:52,680 --> 00:35:55,160 Speaker 1: We're talking about bitcoin. Of course, we're talking about the 751 00:35:55,200 --> 00:35:59,040 Speaker 1: decentralized revolution. I've been in the studio with Justine Harper. 752 00:35:59,040 --> 00:36:01,120 Speaker 1: You can find her on Twitter at ms hotel that's 753 00:36:01,239 --> 00:36:04,960 Speaker 1: M S h O d L. She works with unchained Capital, 754 00:36:05,040 --> 00:36:07,920 Speaker 1: which helps you custody or bitcoin, which is what we've 755 00:36:07,960 --> 00:36:10,839 Speaker 1: been talking about today. She's perfectly suited for that. Give 756 00:36:10,840 --> 00:36:12,440 Speaker 1: her a follow, send her a message, tell you heard 757 00:36:12,440 --> 00:36:14,239 Speaker 1: her on the show. Uh, if you're not following me, 758 00:36:14,360 --> 00:36:17,920 Speaker 1: you should. That's at number one. Mark Moss, we just 759 00:36:18,000 --> 00:36:20,839 Speaker 1: broke down the latest breaking news for you of the week. 760 00:36:21,160 --> 00:36:22,120 Speaker 1: Thanks so much for listening.