Speaker 1: All right, I'm just gonna welcome you guys real quick.
Speaker 1: You are listening to the brand new Mark Moss Show,
Speaker 1: where I am going to take you through the world
Speaker 1: of bitcoin, cryptocurrencies, this new system, the new financial system,
Speaker 1: but even bigger than that. I'm gonna take you through
Speaker 1: that each and every week into what I believe is
Speaker 1: what I would call the biggest, the largest, a symmetric
Speaker 1: opportunity that you'll ever see in your lifetime, that probably
Speaker 1: several generations will ever see in their lifetime. Now, what
Speaker 1: does that mean A symmetric opportunity, Well, investors, real investors
Speaker 1: are looking for things they call a symmetric opportunities and
Speaker 1: that means that it has more upside than downside. Right,
Speaker 1: so symmetric would be there the same. We don't want that.
Speaker 1: I want more reward than the potential risk that I'm
Speaker 1: putting out now. The way to get a symmetric opportunities
Speaker 1: in life is to have a symmetric information. You have
Speaker 1: to know something that most people don't know. Otherwise would
Speaker 1: be in the great majority, you'd be in the herd.
Speaker 1: And uh, well, you're gonna find out in life that
Speaker 1: usually being in the herd is not where you want
Speaker 1: to be and if you want to get asymmetric opportunities,
Speaker 1: then you don't want to be in the herd. You
Speaker 1: need to be in front of the herd, right. You
Speaker 1: want to get into that position before the herd gets
Speaker 1: there and pushes that forward. And again, like I said,
Speaker 1: the only way to do that is with a symmetric information,
Speaker 1: which is what I'm going to bring to you each
Speaker 1: and every week. And so write this down, bookmark this time, stamp.
Speaker 1: You do not want to miss this because it could
Speaker 1: be the biggest opportunity of your lifetime. So you don't
Speaker 1: want to miss it. It's that important. So again, thanks
Speaker 1: for joining the Mark Moss Show. And so today we're
Speaker 1: gonna talk about bitcoin, we're gonna talk about cryptocurrencies, we're
Speaker 1: gonna talk about the revolution. Now. I've been doing a
Speaker 1: lot of work on my YouTube channel and on Twitter.
Speaker 1: By the way, you can follow me on Twitter. It's
Speaker 1: the number one Mark Moss and I talk about there's
Speaker 1: three revolutions that are all converging right now. And these
Speaker 1: are different revolutions. They're they're in different areas. Now. When
Speaker 1: you're looking at financial markets, um typically we're looking for
Speaker 1: things called indicators and indicators are things that we're hoping
Speaker 1: tell us what the future holds. Now. The thing about
Speaker 1: indicators is that you don't want to look at just
Speaker 1: one indicator. You want to look at as many indicators
Speaker 1: as you possibly can, and then you're looking for them
Speaker 1: to kind of have this consensus. You're looking for them
Speaker 1: to kind of show you that there's this agreement there.
Speaker 1: And so when I'm looking at these three revolutions, I'm
Speaker 1: also looking for indicators. And so what a lot of
Speaker 1: people look at is they go, well, um, shoot, the
Speaker 1: financial system is overstressed. We can see that inflation is
Speaker 1: running sky high. You know, the United States Federal Reserve,
Speaker 1: the Central Bank is you know, pumped in about eight
Speaker 1: trillion dollars over the last eighteen months. We can see
Speaker 1: that now the government in the United States is talking
Speaker 1: about a shutdown because the that's then they have to
Speaker 1: raise the death ceiling. And so we can see that
Speaker 1: the financial system is, you know, it's about out of moves.
Speaker 1: And if if we were playing a game, let's say
Speaker 1: we were playing I don't know, scrabble, um, eventually you
Speaker 1: run out of moves. And when everybody runs out of moves,
Speaker 1: what do you do, Well, you reset the game. And
Speaker 1: that's exactly what our financial system is doing. It's it's
Speaker 1: time to reset the game. Um. And so that's one indicator.
Speaker 1: But what other indicators are there? And so there's um
Speaker 1: that those move on eighty year cycles, eighty year time frames,
Speaker 1: all right, financial systems, financial revolutions work on about every
Speaker 1: eighty year. So eighty years ago was the Bretton Woods Agreement.
Speaker 1: That's when the whole world moved onto a gold standard.
Speaker 1: All right. Now, I know we're gonna talk about bitcoin,
Speaker 1: we talk about cryptocurrencies, but I'm trying to establish this
Speaker 1: base for you. UM. Okay, So let's move on eighty
Speaker 1: year cycles. Then there's another revolutionary cycle, um, and it's
Speaker 1: a technological revolution cycle, and those move on fifty year
Speaker 1: time frames. And a technological revolution is what we're talking
Speaker 1: about right now. We're talking about something so big that
Speaker 1: it literally changes all of humanity. It changes the course
Speaker 1: of humanity. I know it's a big statement, but let
Speaker 1: me prove it to you. So I'm not talking about
Speaker 1: a new technology. I'm not talking about the iPhone. I'm
Speaker 1: not talking about Uber or Airbnb, and those were cool,
Speaker 1: but it didn't change humanity, right, I'm talking about something
Speaker 1: so big it changes, of course, humanity. So there's been
Speaker 1: five in the last two and fifty years. We can
Speaker 1: go back to the Sevres with the Industrial Revolution, which
Speaker 1: took people from the farms, from the from the cottage industry,
Speaker 1: and it put them into factories and built cities. It
Speaker 1: changed humanity. Approximately fifty years later we had the age
Speaker 1: of steam engines and steel. So for all of humanity
Speaker 1: we had manpower, some horsepower. Now we had steam engines
Speaker 1: that allowed us to move big loads across the world.
Speaker 1: And then we had steel. Before steel we could build
Speaker 1: you know, brick buildings two stories high. Now we could
Speaker 1: build skyscrapers, we could build bridges, etcetera, etcetera. Changed humanity.
Speaker 1: Fast forwarding, we had the and mention of electricity. Now,
Speaker 1: at the time, electricity was just like, um, you know,
Speaker 1: it was kind of like a digital candle. Uh, you know,
Speaker 1: what do we need electricity before? We have candles? Candles
Speaker 1: have worked good for a long time. Right. The candle
Speaker 1: makers came out in this uh you know, coordinated effort
Speaker 1: to shut electricity down. We don't need electricity, we have candles, right.
Speaker 1: They want to protect their interest, of course, electricity is
Speaker 1: way bigger. At changed humanity and it allows us to
Speaker 1: even do what we're doing today. You wouldn't even be
Speaker 1: able to hear me right this minute if we didn't
Speaker 1: have electricity. Right, it was much bigger than it was.
Speaker 1: It was a replacement for candles at the time, but
Speaker 1: it became something so much bigger. Fast forward, approximately another
Speaker 1: fifty years, we have the age of oil, automobiles, and
Speaker 1: mass production, and it changed humanity imagined for all of humanity.
Speaker 1: People walked or rode horses and that was it. And
Speaker 1: now they could drive, which means now they could transport
Speaker 1: materials and they could ship things and all these things. Um,
Speaker 1: it changed humanity. Fast forward was the age of the microprocessor,
Speaker 1: which have brought us personal computers, which then allowed us
Speaker 1: to have smartphones, allowed us to have the Internet again,
Speaker 1: things like we're using right this minute that I'm broadcasting
Speaker 1: to you from. And so you add plus fifty years,
Speaker 1: which puts us to right now we're facing in the
Speaker 1: technological revolution. So that's a fifty year cycle. Then there's
Speaker 1: one more indicator. I'm going to break down and then
Speaker 1: we'll jump in. The other indicator is what I would
Speaker 1: call political or social or cultural revolutions, and those work
Speaker 1: on about two hundred and fifty year time frames, and
Speaker 1: about every two or fifty years we see a revolution.
Speaker 1: So two or fifty years ago from now was the
Speaker 1: American and the French Revolution. Two and fifty years before
Speaker 1: that was the Protestant Reformation. What both of those represented,
Speaker 1: those revolutions represented was um peak globalization or peak centralization,
Speaker 1: and the world pushed back on that and moved to decentralization.
Speaker 1: So um as this two and fifty year cycle pushing
Speaker 1: back against centralization and even to decentralization is here two
Speaker 1: and fifty year cycle, we'll have a fifty year technological
Speaker 1: revolution that's giving us exactly what we need. So the
Speaker 1: world's rejecting centralization to move to decentralization, and we have
Speaker 1: a brand new technology that gives us decentralization at the
Speaker 1: very time we need it now. The other thing to
Speaker 1: keep in mind is that these technological revolutions drive financial markets.
Speaker 1: And so what's interesting as the two or fifty year
Speaker 1: revolution cycle is hitting at the same time as a
Speaker 1: fifty year technological revolution cycle that then creates a new
Speaker 1: financial market, the financial system on an eight year cycle
Speaker 1: is also hitting at the same time converging and is
Speaker 1: ready to be reset. When you converge all three of
Speaker 1: these cycles, it creates the biggest disruption in the world.
Speaker 1: And for a lot of people, if they're not paying attention,
Speaker 1: is disastrous. But if you're paying attention, it can be
Speaker 1: the biggest opportunity of your life. And that is what
Speaker 1: we are talking about with bitcoin, with decentralization. And I
Speaker 1: am going to tell you how to play this by
Speaker 1: giving you this asymmetric information that you need so you
Speaker 1: can take advantage of this asymmetric opportunity. All right, now,
Speaker 1: I want to talk about some things so you can
Speaker 1: kind of really understand how big this is. UM. Some
Speaker 1: countries around the world are now talking about this. It
Speaker 1: went from you know, I think it was Gandhi who said,
Speaker 1: you know, first they laugh at you, then they try
Speaker 1: to fight you, and then they finally joined you kind
Speaker 1: of thing. And that's exactly what we've been seeing, you know,
Speaker 1: for the last decade, we've watched bitcoin kind of grow
Speaker 1: and a lot of people make fun of it. UM.
Speaker 1: A lot of people think there's no use case for it,
Speaker 1: there's no need for it. Then they're trying to fight
Speaker 1: it and stop it. Um. You know, the governments are
Speaker 1: trying to create regulations around it or make it illegal,
Speaker 1: like one country just did this week, albeit for the
Speaker 1: ninth time. UM. And some countries are actually joining it
Speaker 1: and adopting it. And so I'm gonna tell you about
Speaker 1: that when we get I want I want to talk
Speaker 1: to you about which countries are trying to regulate it,
Speaker 1: which countries are trying to make it illegal, and which
Speaker 1: countries are adopting it. And when you can understand more
Speaker 1: importantly why this is happening, it will help you better
Speaker 1: prepare for what you need to do to take advantage
Speaker 1: of this. We'll talk about it when I get back
Speaker 1: in just a second. All right, you are back listening
Speaker 1: to the Mark Moths Show of talking about the revolution
Speaker 1: of Bitcoin, of cryptocurrencies. And yeah, I'm not I'm not
Speaker 1: I'm not trying to hype overhype this. I'm talking about
Speaker 1: a revolution. If you missed the previous segment before the break,
Speaker 1: well you missed out where I set the stage of
Speaker 1: these three revolutionary cycles that are converging right now. But
Speaker 1: we're gonna keep moving forward on this. You're listening to
Speaker 1: the Mark mos Show talking about bitcoin and cryptocurrencies. And
Speaker 1: really the reason why I want to talk to you
Speaker 1: on this show about this is because it is the
Speaker 1: biggest opportunity of your life, the biggest asymmetric opportunity of
Speaker 1: your life. But in order to navigate this correctly, you
Speaker 1: have to have the asymmetric information. You have to have
Speaker 1: the information that most people don't have. So, um, going
Speaker 1: back into where we're talking about it, you know, I
Speaker 1: was saying, how you know Gandhi's statement of first they
Speaker 1: laugh at you, you know, then they try to fight you,
Speaker 1: and then they join you. And that's exactly what we've
Speaker 1: seen this evolution of bitcoin take. And we've gone from that. Um,
Speaker 1: we'll first they ignore you, then we moved to the
Speaker 1: laughing at you. Everyone that's participated in this. Uh what
Speaker 1: do they call it? Magic? Internet money? Are? They're ridiculous? Right,
Speaker 1: Like I only trust things I can hold in my hand. Um.
Speaker 1: You might hear the boomers talking about that, of course, anybody. Um, well,
Speaker 1: I don't want to exclude people by age group, but
Speaker 1: I think by this point most people realize that digital
Speaker 1: things are in factor real It's a matter of fact,
Speaker 1: over eight of our currency transactions that they are done digital.
Speaker 1: So I don't know why people have a hard time
Speaker 1: believing that magic digital money. Um. So they laughed at us. Um.
Speaker 1: Of course, then they started to fight this, and so
Speaker 1: we saw China come out and ban bitcoin, and then um,
Speaker 1: they came out and banned it again, and then they
Speaker 1: banned it again, and they banned it again. As a
Speaker 1: matter of fact, Um, this week China came out and
Speaker 1: said that they make all cryptocurrency transactions illegal. Now what's
Speaker 1: interesting is I believe this is the eighth or ninth
Speaker 1: time that China has banned it, and so I guess
Speaker 1: the first thing I would say is, Hmmm, it must
Speaker 1: be pretty hard to ban if they've banned it nine
Speaker 1: times and they haven't even been able to get it done.
Speaker 1: But of course they just continue to ramp it up
Speaker 1: and ramp it up and ramp it up. And so. Um.
Speaker 1: It was just a couple of months ago they banned
Speaker 1: bitcoin mining and they pushed all the bitcoin miners out
Speaker 1: of the country. I don't want to get deep into
Speaker 1: the technical aspects of this for you guys that maybe
Speaker 1: aren't up to speed on this, because it's really not
Speaker 1: that important. Um. But um, in order for the bitcoin
Speaker 1: network to work and to remain to keep its level
Speaker 1: of decentralization. It's a decentralized technology, which means nobody controls it,
Speaker 1: and we want that. We don't want anyone to control it.
Speaker 1: And the reason why it's decentralized with nobody controlling it
Speaker 1: is because, um, every anybody could and I do this,
Speaker 1: and I would recommend you too as well, once you
Speaker 1: learn about it. But anybody could run a copy of
Speaker 1: the database and it's called a node, and it's about
Speaker 1: three hundred gigabytes, it's not very big. On a small,
Speaker 1: little portable hard drive smaller than your your iPhone, you
Speaker 1: could run that and you just plug it into your
Speaker 1: WiFi route and you can run your own note and
Speaker 1: you run an entire copy of the database. And there's
Speaker 1: people all over the world running them and that's what
Speaker 1: keeps the network decentralized, so nobody can control it. And
Speaker 1: then the miners are computers that actually helped process the transactions. Well,
Speaker 1: one of the big gripes of people that want to
Speaker 1: fight against bitcoin say that, well, but China had control
Speaker 1: of the miners because they had over fifty one cent
Speaker 1: of those miners there. Now, because it's decentralized, because everybody
Speaker 1: can run their own copy of the database. In order
Speaker 1: for a transaction to happen, because it's decentralized, the network
Speaker 1: has to achieve consensus. That means the network has to
Speaker 1: agree that this transaction is valid. Again, not trying to
Speaker 1: go super deep into this um, but because China had
Speaker 1: over fifty of these miners, theoretically they could have potentially
Speaker 1: maybe done some nefarious actions on the network. Well, a
Speaker 1: couple of months ago, China kicked them all out of
Speaker 1: the country, basically shut down over half of the network. Now,
Speaker 1: they could have tried to coop it and take it over,
Speaker 1: but instead they kicked them out. Um and we we
Speaker 1: we witnessed in real time, but probably one of the
Speaker 1: greatest technological marvels ever witnessed. M Imagine if Amazon, with
Speaker 1: their global distribution centers and their global networks. Imagine if
Speaker 1: half of Amazon's network shut down overnight and was forced
Speaker 1: to relocate. What type of disruption do you think that
Speaker 1: would take, what kind of how long do you think
Speaker 1: that would take Amazon to literally pack up their distribution
Speaker 1: centers and relocate them across the world, And what disruption
Speaker 1: would that have to the Amazon distribution or network or
Speaker 1: Coca cola or whatever. Well, we witnessed it happened on
Speaker 1: the bitcoin network. Um, and all those miners left China
Speaker 1: and got redistributed around the world. And you know, for
Speaker 1: a month or two, um, we saw you know, transaction
Speaker 1: times get a little bit more expensive or or take
Speaker 1: a little bit longer. But it absorbed it pretty well.
Speaker 1: Well that was a few months ago. Now, China came
Speaker 1: out this week and said again that they want to
Speaker 1: declare all transactions illegal. And they say, and I'm going
Speaker 1: to quote them per their press release, it says, the
Speaker 1: decision was made to quote in order to safeguards people's
Speaker 1: properties and maintain keyps here and maintain economic, financial, and
Speaker 1: social order end quote. See what they're saying here, did
Speaker 1: you hear that part? Let me read it again. Quote
Speaker 1: in order to safeguard people's properties and important part here
Speaker 1: maintain economic, financial, and social order. End quote. Well, what
Speaker 1: they're really saying is that people shouldn't have the ability
Speaker 1: to choose whatever they want to store their wealth. And
Speaker 1: what they're saying is that people shouldn't have the freedom
Speaker 1: to use whatever they think is money. Because per what
Speaker 1: they're saying here, if you're reading between the lines, what
Speaker 1: this quote is saying is that if you use another
Speaker 1: form of money, you'll disrupt the economic and financial and
Speaker 1: social order. Now why is that all right? Why is
Speaker 1: that happening? So, like I said earlier, the first thing
Speaker 1: is uh, I mean, they're obviously having to ban it
Speaker 1: multiple times, so the banning doesn't really work. But I
Speaker 1: want to tell you what they actually mean by that piece.
Speaker 1: There's something that I want to introduce to you. It's
Speaker 1: called the Mundle Fleming tri lemma. All right, Now, a dilemma.
Speaker 1: You're probably familiar with that word, right, It's a dilemma. Well,
Speaker 1: I'm forced to choose one or the other. Well, a
Speaker 1: tri lemma is similar, except for now there's three options
Speaker 1: and you can't have all three. You've got to choose
Speaker 1: between two out of the three. And that is what
Speaker 1: China is facing. But it's not just China. You need
Speaker 1: to understand this Mundal Fleming tri lemma because every nation
Speaker 1: that controls their own money is going to be facing
Speaker 1: the exact same try lemma, the exact same problem. And
Speaker 1: so I want to explain that to you. But also
Speaker 1: I want to talk to you about that even though
Speaker 1: they've banned all the mining and kicked them out of
Speaker 1: the country, and now they've may all cryptocurrency illegal. As
Speaker 1: of yesterday, there's still almost a hundred and fifty bitcoin
Speaker 1: nodes running in China. Remember I told you the nodes,
Speaker 1: they run the entire copy of the database, and so
Speaker 1: as of yesterday, at the time of this recording, there's
Speaker 1: over a hundred about a hundred and fifty of these
Speaker 1: bitcoin nodes running. And so I want to show you
Speaker 1: that because it's it's important to understand the network cannot
Speaker 1: be shut down. That's why it's a revolutionary And I
Speaker 1: want to talk to you about this tri limit because,
Speaker 1: like I said, if your country controls their own currency,
Speaker 1: you know, the United States or Europe ECB, then you
Speaker 1: need to understand this. We're gonna talk about that. I
Speaker 1: want to I want to explain to you how this works.
Speaker 1: And once you see how simple this is, you're gonna
Speaker 1: be able to understand this for what it really is.
Speaker 1: So I'm gonna be right back with you in a second.
Speaker 1: All right, welcome back. Now you're listening to the brand
Speaker 1: new Mark Moss Show, where I am going to be
Speaker 1: bringing you the most up to date, most recent information
Speaker 1: on bitcoin, on cryptocurrencies, and the state of the financial
Speaker 1: system in the world today. Now, just real quick, real quick,
Speaker 1: before you make up your mind if this is for
Speaker 1: you or if it isn't, let me just tell you
Speaker 1: real quick, this is and I'm going to continue to
Speaker 1: prove this to you each and every week. This is
Speaker 1: the biggest opportunity that you have ever seen in your lifetime.
Speaker 1: And not just your lifetime or my lifetime, but even
Speaker 1: like our kids and our parents and our grandparents. I'm
Speaker 1: talking multigenerational because it's part of a fifty year technological revolution,
Speaker 1: all right. Now. The way that you take advantage of
Speaker 1: these massive opportunities asymmetric opportunities by having asymmetric information, information
Speaker 1: that most people don't have, which is why I am
Speaker 1: going to bring that to you each and every week. So, uh,
Speaker 1: take note of what, what station, and what time you're
Speaker 1: listening to this as of right now, and set to
Speaker 1: your calendar reminder to tune in with me each and
Speaker 1: every week, because I guarantee it will be worth your time.
Speaker 1: It could change your life. Now, jumping back into where
Speaker 1: we were before the break, we're talking about how China
Speaker 1: has uh again banned bitcoin and band cryptocurrencies multiple times,
Speaker 1: but a couple of things. One, I said that it's
Speaker 1: not working and that's why they have to ban it
Speaker 1: six and seven and eight and nine times, because it's
Speaker 1: just they can't actually do it UM. And even after
Speaker 1: they've done this final declaration of banning again UM, as
Speaker 1: of yesterday, we can see that they're still over about
Speaker 1: about a hundred and fifty bitcoin nodes that are still
Speaker 1: running UM in China and so UM. You know, they
Speaker 1: can tell you can't do it, but can they really
Speaker 1: stop it. It's digital and that's something that there's something
Speaker 1: to talk about, and I'd love to dig into that,
Speaker 1: but I want to jump back to one other point,
Speaker 1: and the point that I was talking about before we
Speaker 1: went to the break is that there's something known as
Speaker 1: the Mundo Flemming try limit. And you have to understand
Speaker 1: this because this is the reason why China is trying
Speaker 1: to ban it. This is the same reason why regardless
Speaker 1: of what country you may be from, if they control
Speaker 1: their own currency, they're facing the exact same try, lemma.
Speaker 1: And so what is that try lemma? Let me break
Speaker 1: it down for you. If you were with us before
Speaker 1: the break, I said that the quote from China is
Speaker 1: quote in order to safeguards people's properties and maintain economic, financial,
Speaker 1: and social order. All right, So the trial emma helps
Speaker 1: us understand why they said that piece. So the three
Speaker 1: things are are First, a nation, like I said, I
Speaker 1: can only keep two of these three policies at the
Speaker 1: same time. So the first is a managed or a
Speaker 1: fixed currency, um. The second is managing the interest rates,
Speaker 1: and the third is free capital flowing in and out
Speaker 1: with other nations. All right, So let me break those
Speaker 1: down for you. So the first is uh is uh
Speaker 1: the fixed currency. So you know nations uh, they're forced
Speaker 1: to choose, right, they can have the good stuff that
Speaker 1: evens out the economy. So it's the fixed currency and
Speaker 1: managing interest rates. And so that's what you know, like
Speaker 1: the United States or China does, right, They manage the
Speaker 1: amount of money in the system. They try to manage
Speaker 1: the currency the strength. You hear about nations um devaluing
Speaker 1: their currencies against each other, right, And so they manage
Speaker 1: the strength of their currency. Where they do that by
Speaker 1: the amount of the currency that they produce, and they
Speaker 1: also do it with interest rates. So in the United
Speaker 1: States they've pushed interest rates down to basically zero. Most
Speaker 1: of the other nations are at zero or even negative
Speaker 1: at this point, um. And they do that. So they
Speaker 1: manage the currency, they manage the interest rates. But then
Speaker 1: the third pieces the free flowing capital in and out
Speaker 1: of the country. And so any nation once money coming
Speaker 1: in in, right, they want investment capital coming into the nation.
Speaker 1: They want other nations to buy their debt by their bonds,
Speaker 1: loan them money, etcetera. All right, but the problem is
Speaker 1: the try lima. At some point those policy he's become
Speaker 1: at odds with each other. And so let me give
Speaker 1: you an example. When currency valuations or interest rates get
Speaker 1: out of whack um. So, for example, interest rates go negative.
Speaker 1: About half of the world's bonds right now are negative yielding,
Speaker 1: meaning meeting when you loan the money, instead of getting
Speaker 1: interest back, you're actually paying them tomorrow um. And so
Speaker 1: what that means is that when when that happens, guess what,
Speaker 1: I don't want to put my money in that country.
Speaker 1: So the money leaves, it starts to flow out of
Speaker 1: that economy. But what happens when that happens, when all
Speaker 1: the capital starts leaving the country, it sends the country
Speaker 1: into what we'd call a death spiral. All right, And
Speaker 1: We've seen this many times and looking at Asia and
Speaker 1: the perfect example of that. But but the Chinese they
Speaker 1: want it all, and so does the United States, and
Speaker 1: so does the ECB. In every other country they want
Speaker 1: it all, but of course per the try limit, they
Speaker 1: can't have it. And so they want to manage their
Speaker 1: currency in the interest rates. They want to keep a
Speaker 1: grip on that, but they don't want the capital to
Speaker 1: flow away. But that causes friction on the economy because
Speaker 1: people myself, businesses, they're always going to try to maximize
Speaker 1: our wealth. And so if if I'm stuck in a
Speaker 1: currency that's losing value really quickly, like for example, the
Speaker 1: US dollar lost over twenty five percent of it's purchasing
Speaker 1: power last year. That means if you had a hundred
Speaker 1: thousand dollars in the bank account last year, it buys
Speaker 1: about seventy five thousand dollars worth of goods today. We'll shoot.
Speaker 1: That doesn't sound very good, does it, which is why
Speaker 1: people are rushing to buy other things now. If you're
Speaker 1: in countries that have massive inflation like Lebanon for example,
Speaker 1: that saw about pent inflation in a year, or Venezuela,
Speaker 1: let's see inflation year you're trying to get out of
Speaker 1: that currency and move into another currency. I don't want
Speaker 1: to hold the Lebanon or the Venezuelan currency. All move
Speaker 1: into the US dollar currency, right because that's not losing value.
Speaker 1: But the more they do that, the more it crashes
Speaker 1: the economy. So what do they do. Well, what they
Speaker 1: do is they make it where it's impossible for you
Speaker 1: to move your money out of the currency. It's what's
Speaker 1: called capital controls. It's kind of the final stage that
Speaker 1: any empire would have UM and they would do that.
Speaker 1: And so if they can ban cryptocurrency, they can remove
Speaker 1: away for people to get out of the Chinese currency.
Speaker 1: That makes sense, That's exactly what's happening, uh in China.
Speaker 1: Of course it's not easy to move into other currencies,
Speaker 1: but people have been able to at least move into
Speaker 1: bitcoin and cryptocurrencies, and so China doesn't want that. They
Speaker 1: do not want an escape valve, an escape hap to
Speaker 1: a life raft, whatever you want to call. They want
Speaker 1: to keep people trapped in there. Now. It's also no
Speaker 1: coincidence that China at the same time is rolling out
Speaker 1: their own what we call central bank digital currency a
Speaker 1: cbdc UM. They're calling an e c n Y a
Speaker 1: digital renibby, And basically they're rolling this out there are
Speaker 1: going to be the first nation in the world to
Speaker 1: have their own central bank digital currency. Of course it's
Speaker 1: controlled by the People's Bank of China. And they're gonna say, well,
Speaker 1: it's just like bitcoin, it's just like cryptocurrencies, but it's
Speaker 1: without all the risks. Well, what risks the risk to
Speaker 1: the financial system, right, and so you can understand per
Speaker 1: this trilemma. If they manipulate the currency and the interest rates,
Speaker 1: then it's going to force people out of the currency
Speaker 1: and and and stop flows in. And so I'll just
Speaker 1: ask you, does the country that you're in, which I'm
Speaker 1: guessing at this point you're listening from the United States,
Speaker 1: and we have the United States Federal Reserve, do they
Speaker 1: face the same problem. Well, let's see, they've added about
Speaker 1: eight trillion dollars in the last year. They've pushed interest
Speaker 1: rates to zero. And if people start moving their money
Speaker 1: into different types of assets or currencies, then they'll find
Speaker 1: themselves in the same problem. Right, If a lot of
Speaker 1: people move, they got a problem on their hands, which,
Speaker 1: of course is the point, right, it is the point.
Speaker 1: We're not gonna get super deep into that. But understanding that,
Speaker 1: then going back to this quote from China, you understand
Speaker 1: what they're saying in order to safeguard or maintain economic
Speaker 1: and financial and social order. So what China saying is
Speaker 1: if everybody leaves our Chinese dollar and goes into cryptocurrencies,
Speaker 1: it's going to disrupt social order because without our ability
Speaker 1: to manipulate the monetary supply and manipulate people's behavior, then
Speaker 1: we'll lose control over the financial and social order. And
Speaker 1: so now you understand what that means. Um. Now that
Speaker 1: you understand what that means, and you understand what countries
Speaker 1: that you may be in that could cause bigger risk,
Speaker 1: now let's look at the upside, right, Let's see what
Speaker 1: the opportunities are for the US and for other people
Speaker 1: as well, because, like I said, this is times of
Speaker 1: alatility like this, um, Well, for some people that aren't
Speaker 1: paying attention, it ends up it could be the biggest
Speaker 1: disaster of their life. But for those that are paying
Speaker 1: attention and even better position for it, it's the largest
Speaker 1: opportunity of their life. And so I want to tell
Speaker 1: you about that opportunity and more importantly, how to position
Speaker 1: for that, which we will as soon as I come back.
Speaker 1: Remember you are listening to the Mark Moss Show, and
Speaker 1: I'll be back in just a second. All right, you
Speaker 1: are back with the brand new Mark Moss Show, where
Speaker 1: I am bringing to you each and every week, literally
Speaker 1: the biggest opportunity of your life, and not just your life,
Speaker 1: not just my life. I'm talking about multiple generations and
Speaker 1: of course I am talking about the technological revolution of bitcoin,
Speaker 1: of decentralization of cryptocurrencies, and as I've been saying, it
Speaker 1: is the biggest asymmetric opportunity of our life. We have
Speaker 1: more upside than downside, and you get that by having
Speaker 1: a symmetric information, which is what I'm gonna bring to
Speaker 1: you each and every week. So make sure you have bookmarked. Uh,
Speaker 1: put a put a put a time, a date on
Speaker 1: your calendar right now while you're listening for the station
Speaker 1: that it's on. All Right. The other thing, Uh, this
Speaker 1: is a brand new show and I'm gonna bring you
Speaker 1: so much value. It's going to change your life. And
Speaker 1: what I'd love is if you tweet at me, Um,
Speaker 1: I'm the number one. Mark Moss is the numeral one.
Speaker 1: Mark Moss sent me a tweet, And if you ask
Speaker 1: me a question, put hashtag Mark Moss Show and I
Speaker 1: will answer your question on the radio on the next show.
Speaker 1: All right, So I'd love to interact you. I'd love
Speaker 1: to answer your questions. I want to know what you
Speaker 1: want to hear about, because I want to bring you
Speaker 1: the things you want to hear about. It's not about me,
Speaker 1: it's about you, all right. I want to tell you
Speaker 1: what I wish I could hear if I was on
Speaker 1: the other side of table. Now back to where we
Speaker 1: were talking about, um, you know, China band it again,
Speaker 1: why they're not really able to shut it down. We
Speaker 1: talked about why they need to shut this down, um,
Speaker 1: and why other countries may need to shut this down
Speaker 1: as well. I introduced the try limma to you, and
Speaker 1: I explained to you what that try lima was. Now
Speaker 1: jumping back into it, past the trilemma, I want to
Speaker 1: explain to you what the opportunity is. And so China
Speaker 1: has basically kicked all bitcoin mining and has now banned
Speaker 1: all its people from participating in bitcoin and cryptocurrencies. Now,
Speaker 1: a country cannot stop bitcoin. You can't stop it now.
Speaker 1: Most countries know this. Many of the lawmakers in the
Speaker 1: United States know this. They can't stop it. They can't
Speaker 1: shut it down. The only thing they can do is
Speaker 1: make it illegal for their own people, their own citizens,
Speaker 1: to participate in so they can say, hey, if we
Speaker 1: catch you, we'll put you in prison for life or
Speaker 1: something like that. But they can't stop it. And so
Speaker 1: really what they're doing is they're just preventing their people
Speaker 1: from having this opportunity, and it just moves to what
Speaker 1: I call the free part of the world right and
Speaker 1: so UM for the it's a little bit of game
Speaker 1: theory where if a few countries want to shut it down,
Speaker 1: the countries that adopted are going to have this competitive advantage.
Speaker 1: And so right now is this opportunity for the entire
Speaker 1: United States. UM. China has just kicked all the mining out,
Speaker 1: and where the majority of that mining, the computer processing
Speaker 1: power has gone has been to the United States. Texas
Speaker 1: has been one of the biggest beneficiaries of that. UM.
Speaker 1: Texas has of course the oil industry, the energy industry,
Speaker 1: so not just oil, but natural gas, etcetera. More energy
Speaker 1: than they know what to do with, and they are
Speaker 1: able to now take this natural gas that's being right
Speaker 1: now at this moment completely wasted, literally wasted, literally being
Speaker 1: m vented off into the atmosphere or flamed off. They
Speaker 1: burn it and they can take that trash and turn
Speaker 1: into treasure. They can take that trash, that natural gas,
Speaker 1: and they can convert it into energy, into electricity that
Speaker 1: can power the bitcoin network. And so that's why so
Speaker 1: much of this that's left China has come to the
Speaker 1: United States and specifically Texas. And so this is a
Speaker 1: massive opportunity for the United States to come out ahead
Speaker 1: on this UM. This is uh, you know, an order
Speaker 1: of national security, right, I mean, throughout the beginning of
Speaker 1: time UM nations really had the you know, the nations
Speaker 1: that had natural resources were the ones that really came
Speaker 1: out ahead, right if they had gold, if they had oil, etcetera.
Speaker 1: And now energy is one of those things. And having
Speaker 1: the ability to mind bitcoin is a big opportunity, and
Speaker 1: not just for the country, but also for the people
Speaker 1: of the United States as well. And so which way
Speaker 1: will the United States go? We'll have to wait and
Speaker 1: see my opinion. And I've done several videos on this topic,
Speaker 1: specifically on my YouTube channel UM talking about how one
Speaker 1: why the US would not want to why it would
Speaker 1: really hurt the United States if they made it illegal UM.
Speaker 1: And even more importantly, how they couldn't do it even
Speaker 1: if they tried. UM. And so I think or maybe
Speaker 1: I'm hopeful, but I think I'm hopeful that I think
Speaker 1: that the United States seize this opportunity. I know there's
Speaker 1: at least a few dozen lawmakers in the government in
Speaker 1: the United States right now that understand this, uh, this
Speaker 1: opportunity that's available, and they want to jump on this. UM. Now,
Speaker 1: by the way, you're listening to the Mark Maas Show,
Speaker 1: brand new show. I'm gonna bring to you the latest
Speaker 1: information on bitcoin and cryptocurrencies in the decentralized Revolution each
Speaker 1: and every week, so I give you the asymmetric information
Speaker 1: you need to have the asymmetric opportunity now. UM, if
Speaker 1: you're not following me on Twitter, send me a tweet
Speaker 1: one Mark Moss at me there, ask me a question
Speaker 1: and I will make sure to answer it on my
Speaker 1: next show. All right now, UM. On top of this
Speaker 1: opportunity that we have, UM, right, UM, or the United
Speaker 1: States could have, they could really come up with China
Speaker 1: kicking it out UM. But at the same time they
Speaker 1: could not write and the United States also is faced
Speaker 1: with the same try Lemma, the China is and so
Speaker 1: what will they do in regards to that? Try Lemma. Now,
Speaker 1: they could try to regulate it out of existence. Again,
Speaker 1: they can't shut it down own, but they could make
Speaker 1: it very difficult or impossible for the American people to
Speaker 1: participate in it. UM this week was something interesting. Um
Speaker 1: the uh I'll call him maybe infamous, the infamous leader
Speaker 1: of Tesla. I'm talking about Elon Musk. I'm not sure
Speaker 1: if he's famous or infamous or whatever. You make up
Speaker 1: your own mind on that, but um, he's he's pretty outspoken,
Speaker 1: to say the least. I think his Twitter account as
Speaker 1: I don't know, forty million followers, so he's he's pretty
Speaker 1: well known in that space. And you know, he's been
Speaker 1: pretty outspoken in the cryptocurrency space overall. And you know,
Speaker 1: I'm not a super big fan. I think he's been
Speaker 1: saying some things without all the education, and he should
Speaker 1: probably know that he moves markets and might try to
Speaker 1: be a little more responsible. That being said, he was
Speaker 1: interviewed this week UM with Kara Swisher for the invite
Speaker 1: only Code conference in Beverly Hills, California, and during that conversation,
Speaker 1: Elon Musk argued that global governments should steer clear of
Speaker 1: trying to regulate bitcoin and cryptocurrencies. He said, quote it
Speaker 1: is not possible to I think, destroy crypto, but it
Speaker 1: is possible for governments to slow down its advancement end quote.
Speaker 1: And so what he's saying there is uh And and
Speaker 1: then he went on to say they asked him whether
Speaker 1: the US government should be involved in bitcoin and crypto regulation.
Speaker 1: Must responded, quote, I would say do nothing. End quote.
Speaker 1: And the reason why is we need innovation. If the
Speaker 1: right brothers who invented the airplane, by the way, if
Speaker 1: the right brothers had to go ask permission if they
Speaker 1: could try to invent an airplane, it never would have happened.
Speaker 1: Innovation needs to move in a way that it can
Speaker 1: grow without that. The Internet, for example, would have never
Speaker 1: survived if it hadn't been for the government actually passing
Speaker 1: laws to prevent liability to allow it to grow. And
Speaker 1: so this innovation will only stifle the growth. Now in
Speaker 1: China's case, that's what they want as a matter of fact.
Speaker 1: Christine Lagarde from the e c B the UM European
Speaker 1: Central Bank, she said, quoting her quote, UM innovation threatens
Speaker 1: our financial stability, Well, doesn't it? Doesn't threatens financial stability,
Speaker 1: it threatens their financial monopoly. Um but pearly on Musk,
Speaker 1: I would agree, let innovation happen. We need innovation. It's
Speaker 1: that important. And so I definitely would agree with um
Speaker 1: elon Musk on that one. China is going the other way.
Speaker 1: I think the US will be on the open side.
Speaker 1: I hope. So it still is America the land of
Speaker 1: the Free, and I hope that is the case that
Speaker 1: they take. But remember, like I said, at first they
Speaker 1: laugh at you, then or they ignore you. Then they
Speaker 1: laugh at you, then they fight you, and then eventually
Speaker 1: they join you. We've seen countries like El Savador now
Speaker 1: announce it as legal tender. All right, So you're listening
Speaker 1: to the Mark Mos Show where I talk about bitcoin,
Speaker 1: cryptocurrencies and the biggest opportunity you'll ever have in your lifetime.
Speaker 1: I got a couple of friends coming on. I'm gonna
Speaker 1: bring some friends on. We're gonna talk about some other
Speaker 1: news that's happening. So you're in the you're aware of
Speaker 1: what's happening. We're gonna discuss these. You get a little
Speaker 1: bit more insight than just me some fun discussion. It's
Speaker 1: gonna be really fun um and so I'd love to
Speaker 1: see what they have to say. Um, bring this latest
Speaker 1: news to you. So I'm gonna be right back. Stay
Speaker 1: tuned with the Mark Moss Show and I'll be back
Speaker 1: in just a second