1 00:00:00,120 --> 00:00:02,680 Speaker 1: All right, welcome back to another episode of the Mark 2 00:00:02,759 --> 00:00:07,080 Speaker 1: Moss Show where we talk about bitcoin, bitcoin, bitcoin, bitcoin, 3 00:00:07,480 --> 00:00:09,760 Speaker 1: and you know, other things as well, mainly talking about 4 00:00:09,760 --> 00:00:13,000 Speaker 1: the decentralized revolution and the way that the world is changing. 5 00:00:13,920 --> 00:00:17,560 Speaker 1: And I'm trying to help you put things into context 6 00:00:17,680 --> 00:00:22,159 Speaker 1: because the world seems crazy. At the financial markets on 7 00:00:22,200 --> 00:00:24,239 Speaker 1: the ready to melt down. You know, the Federal Reserve 8 00:00:24,320 --> 00:00:26,320 Speaker 1: is threatening to pull all the money back out after 9 00:00:26,360 --> 00:00:28,640 Speaker 1: the pumping in full of liquidity. We got politics are 10 00:00:28,640 --> 00:00:32,040 Speaker 1: getting crazy. We see the White Houses now turning against China. 11 00:00:32,159 --> 00:00:35,479 Speaker 1: We have wars in Ukraine that are potentially happening, and 12 00:00:35,520 --> 00:00:38,559 Speaker 1: all the while, what the heck is going on? And 13 00:00:38,600 --> 00:00:41,720 Speaker 1: more importantly, what is underneath all of this that's causing 14 00:00:41,720 --> 00:00:45,280 Speaker 1: this change, And of course that is the decentralized revolution. 15 00:00:45,280 --> 00:00:48,280 Speaker 1: The world is changing and if you don't understand it, 16 00:00:48,280 --> 00:00:50,400 Speaker 1: it could be devastating for you. But if you do 17 00:00:51,040 --> 00:00:54,000 Speaker 1: and you position yourself right, could be the biggest opportunity 18 00:00:54,000 --> 00:00:56,200 Speaker 1: of your life. And that's why you should be listening 19 00:00:56,240 --> 00:00:58,760 Speaker 1: to me each and every week. So if you haven't 20 00:00:58,760 --> 00:01:01,959 Speaker 1: already and you're not driving, pull up your phone, put 21 00:01:01,960 --> 00:01:04,440 Speaker 1: a reminder, make sure you're here with me. Each and 22 00:01:04,480 --> 00:01:06,840 Speaker 1: every week on this time at this channel. All Right, 23 00:01:06,880 --> 00:01:09,080 Speaker 1: it's gonna be the most important and the most profitable 24 00:01:09,160 --> 00:01:11,600 Speaker 1: part of your week. Now. I try to bring you 25 00:01:12,120 --> 00:01:16,160 Speaker 1: some education to help really build the foundation as you 26 00:01:16,400 --> 00:01:20,319 Speaker 1: understand what is going on, because I found out the 27 00:01:20,319 --> 00:01:22,280 Speaker 1: hard way back in two thou eight there was a 28 00:01:22,319 --> 00:01:24,920 Speaker 1: piece of my education that was missing and it cost 29 00:01:25,000 --> 00:01:27,840 Speaker 1: me dearly. So you gotta have the education. I bring 30 00:01:27,880 --> 00:01:31,280 Speaker 1: you the latest breaking news so you can keep up 31 00:01:31,319 --> 00:01:32,760 Speaker 1: on what is going on. And then I try to 32 00:01:32,760 --> 00:01:36,119 Speaker 1: bring you some important people and guests so you can 33 00:01:36,160 --> 00:01:38,760 Speaker 1: have some different insights. Um and I just have to 34 00:01:38,760 --> 00:01:41,600 Speaker 1: hear my point of view all the time. Anyway, Uh, 35 00:01:41,800 --> 00:01:43,720 Speaker 1: tune in each and every week, don't miss it. It's 36 00:01:43,760 --> 00:01:46,959 Speaker 1: the most important part of your week. And today I 37 00:01:47,000 --> 00:01:50,560 Speaker 1: am in the studio with Jessica Vaughan. She's back in 38 00:01:50,600 --> 00:01:53,160 Speaker 1: the studio with me again. Hey, Jessica, all right, thanks 39 00:01:53,160 --> 00:01:55,760 Speaker 1: for having me. Yeah. I always love here in your perspective. 40 00:01:55,800 --> 00:01:57,920 Speaker 1: And I want to talk about some of these news 41 00:01:57,920 --> 00:02:00,960 Speaker 1: headlines that are happening because every week there is just 42 00:02:01,120 --> 00:02:05,440 Speaker 1: so much going on in the space. And one story 43 00:02:05,440 --> 00:02:08,320 Speaker 1: in particular had caught my eye. I'm not sure if 44 00:02:08,400 --> 00:02:11,440 Speaker 1: you saw it or not, but um, it's a story 45 00:02:11,560 --> 00:02:14,799 Speaker 1: about Kanye West. Did you see this new story about 46 00:02:14,880 --> 00:02:18,760 Speaker 1: Kanye West. Um, everybody wants to know when n f T. 47 00:02:19,160 --> 00:02:21,440 Speaker 1: It's like the hottest thing going right now. N f T, 48 00:02:21,560 --> 00:02:24,359 Speaker 1: n f T n f T. And uh, I think 49 00:02:24,360 --> 00:02:26,760 Speaker 1: it was last week Paris Hilton came out and launched 50 00:02:26,760 --> 00:02:29,480 Speaker 1: some new n f T thing. Did you see that. Yeah, 51 00:02:29,240 --> 00:02:32,520 Speaker 1: I remember how she made her bitcoin insurance and then 52 00:02:32,560 --> 00:02:35,480 Speaker 1: it was all just a segue to n f T hood. Yeah, 53 00:02:35,520 --> 00:02:38,040 Speaker 1: And so like everybody's jumping on the bandwagon. Tom Brady 54 00:02:38,040 --> 00:02:39,600 Speaker 1: came into bitcoin. The next thing, you know, he's got 55 00:02:39,600 --> 00:02:41,920 Speaker 1: an n f T go on, and uh, you know, 56 00:02:41,960 --> 00:02:46,079 Speaker 1: I'm not mad about that. Um. People got collectibles. Um, 57 00:02:46,200 --> 00:02:49,359 Speaker 1: people have been buying baseball cards and stamps and coins forever. 58 00:02:49,760 --> 00:02:51,519 Speaker 1: And if you want to buy a collectible n f T, 59 00:02:51,760 --> 00:02:54,840 Speaker 1: more power to you. You know. UM, I know, uh, 60 00:02:54,919 --> 00:02:56,840 Speaker 1: some of your M M A fans have done some 61 00:02:56,960 --> 00:02:58,440 Speaker 1: n f T s and you've been uh, you know, 62 00:02:58,480 --> 00:03:00,120 Speaker 1: it's been pretty cool. I guess if you want on 63 00:03:00,320 --> 00:03:04,040 Speaker 1: that art. Um, but I saw Kanye West came out 64 00:03:04,200 --> 00:03:08,680 Speaker 1: and he said, quote, my focus is on building real 65 00:03:08,880 --> 00:03:13,839 Speaker 1: products in the real world end quote, which was pretty cool, 66 00:03:13,840 --> 00:03:17,560 Speaker 1: I thought, because you know, basically we have this uh metaverse, metaverse, 67 00:03:17,600 --> 00:03:20,760 Speaker 1: metaverse we have you know, Facebook changed his name to 68 00:03:20,800 --> 00:03:23,560 Speaker 1: the meta and uh, everything's in the meta We've seen 69 00:03:23,919 --> 00:03:27,120 Speaker 1: Adidas and under arm are these big brands are starting 70 00:03:27,120 --> 00:03:30,919 Speaker 1: to build out in the metaverse. Everybody wants to push 71 00:03:30,960 --> 00:03:33,560 Speaker 1: us into this world where we live under virtual reality. 72 00:03:34,120 --> 00:03:37,640 Speaker 1: UM and Kanye as a I think you call him 73 00:03:37,640 --> 00:03:43,280 Speaker 1: easy Oh yeah, yeah, yeah, so he said he put 74 00:03:43,320 --> 00:03:46,840 Speaker 1: this on I think on Twitter or Instagram and here 75 00:03:46,880 --> 00:03:50,080 Speaker 1: here's the full the full thing. He said, UM quote, 76 00:03:50,800 --> 00:03:53,160 Speaker 1: stop asking me to do n f T s. I'm 77 00:03:53,200 --> 00:03:57,640 Speaker 1: not finn a co sign So that I believe that 78 00:03:57,720 --> 00:04:02,640 Speaker 1: was in response to he us um filmed talking to 79 00:04:02,680 --> 00:04:07,480 Speaker 1: a paparazzi basically pitching them on the idea of cooperating 80 00:04:08,040 --> 00:04:12,600 Speaker 1: with celebrities UM as far as using the paparazzi footage 81 00:04:13,240 --> 00:04:15,200 Speaker 1: to sell n f T is because he's like, you 82 00:04:15,240 --> 00:04:18,479 Speaker 1: guys just harass us. Why would we Why don't we 83 00:04:18,520 --> 00:04:20,479 Speaker 1: find a way to be more cooperative? And then he 84 00:04:20,520 --> 00:04:23,599 Speaker 1: said something and about you know, like an n f 85 00:04:23,680 --> 00:04:26,560 Speaker 1: T type of thing. So so a paparazzi was like 86 00:04:26,560 --> 00:04:28,599 Speaker 1: trying to take photos or videos and then said something 87 00:04:28,680 --> 00:04:30,719 Speaker 1: like maybe propositioned them, like, hey, you could turn some 88 00:04:30,760 --> 00:04:32,720 Speaker 1: of this into an n f T or something like that. Well, 89 00:04:33,120 --> 00:04:36,160 Speaker 1: celebrities still want to have a good pr relationships with 90 00:04:36,200 --> 00:04:38,320 Speaker 1: even you know, these people that come and photograph them 91 00:04:38,360 --> 00:04:40,240 Speaker 1: against their will at the airport, that type of things. 92 00:04:40,279 --> 00:04:42,800 Speaker 1: So he's been having He's been recorded having some rather 93 00:04:42,880 --> 00:04:45,960 Speaker 1: interesting types of conversations with people. I don't know if 94 00:04:46,000 --> 00:04:48,719 Speaker 1: you saw the one about Kanye West where um, the 95 00:04:48,720 --> 00:04:52,200 Speaker 1: paparazzi was going to get his his car toad outside 96 00:04:52,680 --> 00:04:54,440 Speaker 1: and so he was trying to tell the partner to 97 00:04:54,480 --> 00:04:57,520 Speaker 1: the the to the to paparazzi. So the other one, hey, 98 00:04:57,560 --> 00:04:59,680 Speaker 1: like he's rolling, why don't you go save his car? 99 00:04:59,800 --> 00:05:02,600 Speaker 1: And but they don't have any cooperative type of elements. 100 00:05:02,839 --> 00:05:06,400 Speaker 1: So he's always like guiding and instructing people in these 101 00:05:06,440 --> 00:05:09,960 Speaker 1: strange situations. Okay, yeah, so thanks for providing that context 102 00:05:09,960 --> 00:05:12,159 Speaker 1: because I didn't know, but I guess it was the 103 00:05:12,200 --> 00:05:14,279 Speaker 1: second part that I that kind of caught my eye, 104 00:05:14,320 --> 00:05:18,240 Speaker 1: and he said, I'm not Finna co sign dot dot 105 00:05:18,279 --> 00:05:21,920 Speaker 1: dot for now. I'm not on that wave. I make 106 00:05:22,040 --> 00:05:27,240 Speaker 1: music and products in the real world, and um, yeah, 107 00:05:27,279 --> 00:05:29,480 Speaker 1: I don't know, it's just uh, I liked it. I 108 00:05:29,520 --> 00:05:32,120 Speaker 1: thought it was refreshing. Um, everyone's trying to make all 109 00:05:32,120 --> 00:05:35,120 Speaker 1: this virtual stuff, but like we still live in the 110 00:05:35,160 --> 00:05:39,000 Speaker 1: real world. It aligns with his usual takes these days, 111 00:05:39,080 --> 00:05:45,320 Speaker 1: which are always quite refreshing for somebody and entertainment. Yeah. So, um, 112 00:05:45,360 --> 00:05:47,960 Speaker 1: I mean, and it's interesting because you know, we see 113 00:05:47,960 --> 00:05:50,200 Speaker 1: all these celebrities who have cashed in on this big time, 114 00:05:51,400 --> 00:05:54,960 Speaker 1: um Justin Bieber as a whole collection of n f 115 00:05:55,000 --> 00:05:59,600 Speaker 1: T s. Um we say, uh, like I said, Paris Hilton, Um, 116 00:06:00,000 --> 00:06:03,159 Speaker 1: even Jimmy Fallon from TV has n f T s 117 00:06:04,000 --> 00:06:06,520 Speaker 1: that he's purchased. Everyone's kind of in his whole board 118 00:06:06,600 --> 00:06:10,560 Speaker 1: ape club, these apes or whatever. And so I guess 119 00:06:10,600 --> 00:06:12,960 Speaker 1: Easy has enough money or ye, I guess he's got 120 00:06:13,040 --> 00:06:14,320 Speaker 1: enough money. He doesn't need to do it. But like 121 00:06:14,320 --> 00:06:15,479 Speaker 1: I said, I thought I was I thought it was 122 00:06:15,520 --> 00:06:19,600 Speaker 1: just cool, just pushing back on this virtual world versus this, um, 123 00:06:19,880 --> 00:06:22,120 Speaker 1: you know, the real world anyway, which of course he 124 00:06:22,160 --> 00:06:24,680 Speaker 1: does is branding. Is all these you know, products like 125 00:06:24,720 --> 00:06:27,840 Speaker 1: shoes and clothing that type of thing. Yeah, yeah, and 126 00:06:27,880 --> 00:06:30,360 Speaker 1: I guess those are the real products in the real world. Yeah, 127 00:06:30,400 --> 00:06:32,480 Speaker 1: And I think that's what a lot of people are 128 00:06:33,200 --> 00:06:38,800 Speaker 1: missing in this where it's like we still need real products, 129 00:06:38,839 --> 00:06:41,680 Speaker 1: Like we still need shoes to wear. And that's cool 130 00:06:41,720 --> 00:06:43,840 Speaker 1: that Nike is gonna make them in the meta and 131 00:06:43,839 --> 00:06:45,760 Speaker 1: you can have virtual ones, but we still need real 132 00:06:45,800 --> 00:06:48,320 Speaker 1: shoes to put on our feet as well well. And 133 00:06:48,320 --> 00:06:52,000 Speaker 1: and Kanye is so profitable, um, through all his endeavors 134 00:06:52,000 --> 00:06:54,320 Speaker 1: that now he can sit back and solve problems that 135 00:06:54,440 --> 00:06:57,719 Speaker 1: he has a personal interest in and ignore the things, 136 00:06:57,800 --> 00:07:01,520 Speaker 1: the money making endeavors that don't really speak to him personally. Uh. 137 00:07:01,560 --> 00:07:04,480 Speaker 1: And that's just a testament to the power of success. 138 00:07:05,440 --> 00:07:08,680 Speaker 1: Now I know you're like a psych major or something 139 00:07:08,720 --> 00:07:11,000 Speaker 1: like that. Yeah, I have an underground in psych, a 140 00:07:11,040 --> 00:07:14,440 Speaker 1: self practicing psych psych major or something like that. Uh. 141 00:07:14,480 --> 00:07:17,840 Speaker 1: And and and easy somebody who you followed. Uh, he 142 00:07:18,520 --> 00:07:22,320 Speaker 1: might be a little crazy, Um this part of his 143 00:07:22,680 --> 00:07:24,720 Speaker 1: kind of psyche. He just like doesn't want to play 144 00:07:24,720 --> 00:07:26,400 Speaker 1: with that kind of stuff. Or do you think he's 145 00:07:26,440 --> 00:07:29,280 Speaker 1: really like trying to do big things, good things? I mean, 146 00:07:29,480 --> 00:07:31,720 Speaker 1: like in his talk about getting into politics and stuff 147 00:07:31,720 --> 00:07:35,120 Speaker 1: like that. I think he'll definitely end up doing the 148 00:07:35,240 --> 00:07:37,160 Speaker 1: n f T he's just saying for right now, that's 149 00:07:37,160 --> 00:07:39,440 Speaker 1: not at all my focus. He did, he did put 150 00:07:39,480 --> 00:07:42,600 Speaker 1: that word in there like for now. Yeah, yeah, of 151 00:07:42,640 --> 00:07:44,720 Speaker 1: course it's because, like I said, that was in response 152 00:07:44,760 --> 00:07:49,520 Speaker 1: to when he was on record, um talking about how 153 00:07:49,520 --> 00:07:52,400 Speaker 1: to update the paparazzi situation. So I think it was 154 00:07:52,440 --> 00:07:54,320 Speaker 1: in response to that, because then people had a bunch 155 00:07:54,360 --> 00:07:56,040 Speaker 1: of questions about n f T s when when he 156 00:07:56,080 --> 00:07:57,760 Speaker 1: said that on you know, and he gets put in 157 00:07:57,760 --> 00:08:02,920 Speaker 1: TNZ or whatever. Yeah. Hum. As a creator yourself, how 158 00:08:02,920 --> 00:08:05,840 Speaker 1: do you think about n f T S. Well, I 159 00:08:05,880 --> 00:08:10,160 Speaker 1: think to a large degree there um inevitable. There's enough 160 00:08:10,600 --> 00:08:13,520 Speaker 1: people that have forced behind it that it's it's going 161 00:08:13,560 --> 00:08:18,520 Speaker 1: to be something that it is a tool of a 162 00:08:18,520 --> 00:08:20,760 Speaker 1: tool that the state would like to see as far 163 00:08:20,800 --> 00:08:24,320 Speaker 1: as pushing people into a digital realm. So n f 164 00:08:24,360 --> 00:08:27,040 Speaker 1: T s are here to stay, I believe. Could you 165 00:08:27,080 --> 00:08:28,240 Speaker 1: just sub out the word n f T for a 166 00:08:28,240 --> 00:08:31,280 Speaker 1: collectible I mean that's what they are, right, I mean, 167 00:08:31,280 --> 00:08:33,679 Speaker 1: it's a whether I buy a stamp or I buy 168 00:08:33,679 --> 00:08:37,120 Speaker 1: a coin. They're both different, but they both represent a 169 00:08:37,160 --> 00:08:40,840 Speaker 1: collectible item. And so now one's a digital, one's a 170 00:08:40,880 --> 00:08:42,920 Speaker 1: paper that has sticky on the back, and one's a 171 00:08:42,960 --> 00:08:44,920 Speaker 1: metal one. And now one's a digital one, but they're 172 00:08:44,920 --> 00:08:48,240 Speaker 1: all three collectible. They're just trying to throw the full 173 00:08:48,360 --> 00:08:52,760 Speaker 1: force of celebrityhood behind um a new domain where people 174 00:08:52,800 --> 00:08:56,160 Speaker 1: aren't going to be putting strain on the physical world 175 00:08:56,200 --> 00:08:59,280 Speaker 1: as far as producing more. How many pairs of shoes 176 00:08:59,320 --> 00:09:00,800 Speaker 1: can you wear it once? How many houses can you 177 00:09:00,840 --> 00:09:02,400 Speaker 1: own and live in? Well, we got so much money 178 00:09:02,440 --> 00:09:04,240 Speaker 1: when also just throw it away and by whatever we can. 179 00:09:04,920 --> 00:09:06,520 Speaker 1: By the way, you're listening to the Mark Moa Show. 180 00:09:06,559 --> 00:09:11,200 Speaker 1: We're talking about bitcoin, cryptocurrencies in the decentralized revolution. We 181 00:09:11,240 --> 00:09:13,880 Speaker 1: are talking about some of the latest breaking news in 182 00:09:13,920 --> 00:09:16,440 Speaker 1: the space. Right now. I'm in the studio with Jessica Vaughan. 183 00:09:16,840 --> 00:09:19,560 Speaker 1: You can find her at Jessica Vaughan. UM. We are 184 00:09:19,840 --> 00:09:22,920 Speaker 1: we're talking about Kanye and his take on n f 185 00:09:22,960 --> 00:09:26,080 Speaker 1: T S. I got more coming up in a second, 186 00:09:26,200 --> 00:09:28,200 Speaker 1: so don't go away, all right, Welcome back. You are 187 00:09:28,240 --> 00:09:30,400 Speaker 1: listening to the Mark Moss Show, and we are talking 188 00:09:30,440 --> 00:09:35,120 Speaker 1: about bitcoin and cryptocurrencies in the decentralized revolution that is happening. 189 00:09:35,520 --> 00:09:37,440 Speaker 1: I'm in the studio with Jessica Vaughan and we are 190 00:09:37,440 --> 00:09:39,640 Speaker 1: talking about some of the latest breaking news of the 191 00:09:39,679 --> 00:09:42,200 Speaker 1: week and before the break, we were talking about what 192 00:09:42,320 --> 00:09:45,000 Speaker 1: Kanye West had to say about n f T S. 193 00:09:45,040 --> 00:09:47,320 Speaker 1: He said he wants to focus on building real world 194 00:09:47,320 --> 00:09:50,120 Speaker 1: products right now now. During the break, I was just 195 00:09:50,440 --> 00:09:54,280 Speaker 1: uh notified by my sound engineer and Jessica that I 196 00:09:54,360 --> 00:09:58,440 Speaker 1: was butchering his name. It's not Yea, it's ye So 197 00:09:58,720 --> 00:10:01,319 Speaker 1: uh now I don't look as old and out of 198 00:10:01,480 --> 00:10:08,040 Speaker 1: loop actually like Kanye's just without the con and then 199 00:10:08,320 --> 00:10:12,640 Speaker 1: in the beginning, all right, yeah, you call me Kanye 200 00:10:12,720 --> 00:10:15,920 Speaker 1: will know, Okay, it's not it's a Kanye got it, 201 00:10:16,040 --> 00:10:19,240 Speaker 1: got it, got it. That's that's how I remember trying 202 00:10:19,240 --> 00:10:20,880 Speaker 1: to I'm trying to correct it and make my sound 203 00:10:20,960 --> 00:10:25,719 Speaker 1: myself even look worse. Jeez. Anyway, um No, something else 204 00:10:25,720 --> 00:10:27,280 Speaker 1: that I saw this week I thought it was pretty 205 00:10:27,320 --> 00:10:31,560 Speaker 1: cool is that bitcoin. A lot of people think that 206 00:10:31,600 --> 00:10:35,439 Speaker 1: bitcoin doesn't have any use case. What's interesting with bitcoin 207 00:10:35,559 --> 00:10:39,240 Speaker 1: is that, um, bitcoin is really good for people on 208 00:10:39,280 --> 00:10:42,040 Speaker 1: the edges, not so much for people in the middle. 209 00:10:42,280 --> 00:10:44,640 Speaker 1: So what do I mean by that? So if you're 210 00:10:44,679 --> 00:10:47,280 Speaker 1: like a billionaire and you want to move major amounts 211 00:10:47,280 --> 00:10:49,520 Speaker 1: of money around, well, bitcoin is really cool because I 212 00:10:49,520 --> 00:10:51,400 Speaker 1: could send a billion dollars or a million dollars or 213 00:10:51,400 --> 00:10:54,320 Speaker 1: a hundred thousand dollars from my bed, in my underwear, 214 00:10:54,400 --> 00:10:56,160 Speaker 1: from my phone and you could have it instantly. So 215 00:10:56,200 --> 00:10:57,840 Speaker 1: if I want to move big amounts of money, if 216 00:10:57,880 --> 00:11:01,320 Speaker 1: I'm like a power user, there's a big use case 217 00:11:01,320 --> 00:11:04,480 Speaker 1: for that. Or if I'm on the the opposite end, 218 00:11:04,559 --> 00:11:06,840 Speaker 1: and let's say that I'm marginalized, I'm in El Salvador, 219 00:11:06,960 --> 00:11:10,800 Speaker 1: I'm in Afghanistan, I'm in Lebanon, where my money is 220 00:11:10,880 --> 00:11:12,679 Speaker 1: basically being I don't know if you saw what happened 221 00:11:12,679 --> 00:11:15,520 Speaker 1: in Lebanon this week. I know you're part Lebanese, but 222 00:11:15,640 --> 00:11:17,959 Speaker 1: basically they just seized everybody's money in the bank and 223 00:11:17,960 --> 00:11:19,800 Speaker 1: they're going to pay them back with a different currency 224 00:11:19,840 --> 00:11:22,760 Speaker 1: that's worth less um and So if you're in one 225 00:11:22,800 --> 00:11:25,200 Speaker 1: of those areas of the market, then having the ability 226 00:11:25,200 --> 00:11:27,360 Speaker 1: to get your money out is also good. But people 227 00:11:27,400 --> 00:11:30,360 Speaker 1: in the middle class, what do they care about bitcoin? Right? 228 00:11:30,679 --> 00:11:32,679 Speaker 1: And so they say bitcoin has no use case. My 229 00:11:32,720 --> 00:11:36,280 Speaker 1: dollars work pretty fine, um and and uh, that's starting 230 00:11:36,280 --> 00:11:38,040 Speaker 1: to change because those people in the middle now are 231 00:11:38,080 --> 00:11:42,480 Speaker 1: trading options on robin hood um and cryptocurrencies. They're starting 232 00:11:42,480 --> 00:11:45,400 Speaker 1: to see it. And then also people are being pushed 233 00:11:45,400 --> 00:11:47,800 Speaker 1: from the middle to the fringes as well. And that's 234 00:11:47,640 --> 00:11:50,200 Speaker 1: the story that has been I talked about it last 235 00:11:50,200 --> 00:11:52,520 Speaker 1: week as well. But this is the trucker convoy that's 236 00:11:52,520 --> 00:11:56,280 Speaker 1: going on in Canada. And so these people, truck drivers 237 00:11:56,440 --> 00:12:01,000 Speaker 1: Middle America, you know, blue collar. Um, most people just 238 00:12:01,160 --> 00:12:05,400 Speaker 1: want to be left alone. Probably right, Um, you're from Kansas, 239 00:12:05,440 --> 00:12:08,680 Speaker 1: you're from Middle America. I'm sure you've seen those truck drivers, right, 240 00:12:08,679 --> 00:12:11,880 Speaker 1: I mean, they're just blue collar workers and uh, they've 241 00:12:11,920 --> 00:12:15,079 Speaker 1: been pushed to the fringe. And so basically in Canada, 242 00:12:15,120 --> 00:12:17,600 Speaker 1: they've been told that they have to comply with mandates 243 00:12:17,960 --> 00:12:22,000 Speaker 1: or lose their jobs, can't feed their family, and they 244 00:12:22,040 --> 00:12:26,679 Speaker 1: went to block the roads and in order to help, 245 00:12:26,840 --> 00:12:29,160 Speaker 1: people have been showing their support and they've been giving 246 00:12:29,160 --> 00:12:31,760 Speaker 1: them money via go fund me. It's been so beautiful 247 00:12:31,800 --> 00:12:35,199 Speaker 1: to watch the support from the free world. Yeah, it's 248 00:12:35,240 --> 00:12:39,520 Speaker 1: been amazing to watch. And they've raised over ten million dollars, 249 00:12:39,640 --> 00:12:44,480 Speaker 1: which is amazing, which in comparison, Trudeau's campaign has raised 250 00:12:44,480 --> 00:12:47,680 Speaker 1: like three million in the first quarter of the year. 251 00:12:48,440 --> 00:12:50,600 Speaker 1: So Trudeau is like, ah, they're a fringe, you know, 252 00:12:50,600 --> 00:12:55,320 Speaker 1: they don't represent Canadians, um, But they have raised that 253 00:12:55,400 --> 00:12:58,360 Speaker 1: ten million dollars is more than every other political party 254 00:12:58,360 --> 00:13:03,319 Speaker 1: in Canada combined, so it's not just a fringe. But 255 00:13:03,360 --> 00:13:06,920 Speaker 1: then the two things happened. One go fund Me has 256 00:13:06,960 --> 00:13:10,040 Speaker 1: now locked up the funds and they won't release them. 257 00:13:10,080 --> 00:13:15,440 Speaker 1: And two um, the state of Ottawa has now as 258 00:13:15,520 --> 00:13:18,400 Speaker 1: now trying to make a move where they could maybe 259 00:13:18,480 --> 00:13:21,120 Speaker 1: seize the money. They're trying to angle where they could 260 00:13:21,120 --> 00:13:24,480 Speaker 1: actually like somehow I don't know, it's an oxymoron to say, 261 00:13:24,480 --> 00:13:26,360 Speaker 1: but legally take the money. I guess, well, if they 262 00:13:26,400 --> 00:13:29,200 Speaker 1: just call it a tax a hundred percent, then then 263 00:13:29,360 --> 00:13:31,440 Speaker 1: the government can do whatever they want with it. Well, know, 264 00:13:31,720 --> 00:13:33,920 Speaker 1: what these people are doing is illegal, and so we'll 265 00:13:33,960 --> 00:13:36,120 Speaker 1: just we'll just yeah, we'll just whatever. They just make 266 00:13:36,200 --> 00:13:38,760 Speaker 1: up some arbitrary thing and it's legal and we take it. Um. 267 00:13:38,960 --> 00:13:40,720 Speaker 1: The reason why I bring that up is because these 268 00:13:40,720 --> 00:13:43,160 Speaker 1: people in the middle middle class are being pushed to 269 00:13:43,320 --> 00:13:48,319 Speaker 1: the fringe. And now there's a use case for bitcoin, right, 270 00:13:48,600 --> 00:13:50,800 Speaker 1: and so it's it's it's for the people on the edge, 271 00:13:50,800 --> 00:13:52,800 Speaker 1: is not the middle, but the middle are being either 272 00:13:52,880 --> 00:13:55,440 Speaker 1: upgrading and becoming power users, or they're being pushed to 273 00:13:55,520 --> 00:13:57,560 Speaker 1: the fringe, which is what happened to these truck drivers. Well, 274 00:13:57,600 --> 00:13:59,840 Speaker 1: and there's such a wealth transfer right now, you know 275 00:14:00,600 --> 00:14:03,640 Speaker 1: COVID response forward till now, So more people are going 276 00:14:03,640 --> 00:14:08,000 Speaker 1: to see the use of bitcoin as they get poorer. Unfortunately. Yeah, 277 00:14:08,080 --> 00:14:10,760 Speaker 1: I mean small businesses are shuttered. If these guys had 278 00:14:10,800 --> 00:14:13,360 Speaker 1: put up a go fund me and collected money in bitcoin, 279 00:14:13,880 --> 00:14:16,800 Speaker 1: then it couldn't have been held, nor could the state 280 00:14:16,920 --> 00:14:20,600 Speaker 1: be threatening to seize that money. Yeah, getting some real 281 00:14:20,600 --> 00:14:23,240 Speaker 1: world education as to why you need bitcoin. Yeah, I 282 00:14:23,280 --> 00:14:26,000 Speaker 1: was talking. I went and spoke at this real estate 283 00:14:26,040 --> 00:14:28,080 Speaker 1: conference I think two weeks ago, a couple of weeks ago, 284 00:14:29,320 --> 00:14:31,480 Speaker 1: and uh, I met some some guy was on a 285 00:14:31,520 --> 00:14:34,640 Speaker 1: panel with and he was older than me. And uh, 286 00:14:34,680 --> 00:14:37,040 Speaker 1: he's like, oh, I know everything. I'm a what do 287 00:14:37,040 --> 00:14:39,840 Speaker 1: you say, I'm a I'm a computer engineer, I know everything, 288 00:14:39,880 --> 00:14:42,960 Speaker 1: blah blah blah. And bitcoin is worthless. All it is 289 00:14:42,960 --> 00:14:46,240 Speaker 1: is used for drug dealers and criminals. There's no use case, 290 00:14:46,360 --> 00:14:49,320 Speaker 1: as we told me. And I say, but doesn't that 291 00:14:49,480 --> 00:14:54,320 Speaker 1: prove the use case a criminal as anyone that the 292 00:14:54,360 --> 00:14:57,760 Speaker 1: government doesn't like, whoever they don't give a license to. 293 00:14:58,840 --> 00:15:01,240 Speaker 1: And uh, there were nothing wrong with driving a truck 294 00:15:01,240 --> 00:15:03,360 Speaker 1: and parking it, but now they don't like where you 295 00:15:03,360 --> 00:15:05,040 Speaker 1: park the truck, and now that's the crime, and so 296 00:15:05,080 --> 00:15:06,680 Speaker 1: now you're a criminal, and now they want to seize 297 00:15:06,680 --> 00:15:09,320 Speaker 1: your money. And now bitcoin has a use case well, 298 00:15:09,360 --> 00:15:12,280 Speaker 1: and the government is making criminals out of everyday people 299 00:15:12,560 --> 00:15:15,320 Speaker 1: more every day, so of course more people should be 300 00:15:15,360 --> 00:15:18,960 Speaker 1: seeing the use case for a bitcoin. Now. To be clear, 301 00:15:19,160 --> 00:15:21,440 Speaker 1: I don't like to align myself with any political party. 302 00:15:21,440 --> 00:15:22,960 Speaker 1: I'm for the party that gives me more freedom and 303 00:15:23,000 --> 00:15:25,320 Speaker 1: less government, whatever that is, whatever that means to you. 304 00:15:25,680 --> 00:15:27,160 Speaker 1: I'm not trying to make this into a political thing. 305 00:15:27,200 --> 00:15:29,960 Speaker 1: But what I do like is that, Um, we vote 306 00:15:29,960 --> 00:15:33,560 Speaker 1: with our money and so that's that's the ultimate vote 307 00:15:33,560 --> 00:15:36,600 Speaker 1: we have. UM. I think after the last presidential election cycle, 308 00:15:36,720 --> 00:15:38,920 Speaker 1: we can see that our vote means little to nothing 309 00:15:39,040 --> 00:15:43,880 Speaker 1: at this point. Um, but making yourself heard still means 310 00:15:43,920 --> 00:15:46,320 Speaker 1: something which the truck drivers have done, but even more 311 00:15:46,360 --> 00:15:49,720 Speaker 1: importantly than making themselves known, because, like I said, as 312 00:15:49,720 --> 00:15:53,160 Speaker 1: Trudeau is like, oh, they don't represent Canadians, they represent 313 00:15:53,200 --> 00:15:56,720 Speaker 1: a fringe. How do we know. How do we know 314 00:15:56,800 --> 00:15:58,360 Speaker 1: if that's true or not? How do we know if 315 00:15:58,360 --> 00:16:01,080 Speaker 1: not more Canadians? Are they going to run poll? Are 316 00:16:01,120 --> 00:16:04,120 Speaker 1: they going to go vote? No? But they did. They 317 00:16:04,200 --> 00:16:09,360 Speaker 1: raised money, and they raised three dollars to everyone that 318 00:16:09,440 --> 00:16:12,000 Speaker 1: Trudeau raised. Isn't that beautiful? How do they deny that? 319 00:16:12,040 --> 00:16:14,560 Speaker 1: If the mainstream media doesn't want to cover it, that's fine, 320 00:16:14,600 --> 00:16:18,120 Speaker 1: we'll cover it. Yeah, And so I just how do 321 00:16:18,200 --> 00:16:20,920 Speaker 1: the people get hurt? How is the voice of the 322 00:16:20,960 --> 00:16:24,000 Speaker 1: people to be known? Um? If we don't have a 323 00:16:24,040 --> 00:16:27,200 Speaker 1: free and fair election, if mainstream media doesn't give us 324 00:16:27,280 --> 00:16:30,200 Speaker 1: free information, how do we know? Well, we know through 325 00:16:30,200 --> 00:16:34,320 Speaker 1: a free market. And now these people can vote with 326 00:16:34,360 --> 00:16:37,080 Speaker 1: their dollars. Well, they voted with their dollars, and how 327 00:16:37,120 --> 00:16:40,480 Speaker 1: those dollars are going to be stolen? I really hope 328 00:16:40,520 --> 00:16:43,560 Speaker 1: that gets resolved in a favorable way. Yeah, I do too, 329 00:16:43,600 --> 00:16:45,920 Speaker 1: And hopefully if enough people like us are talking about it, 330 00:16:45,960 --> 00:16:49,440 Speaker 1: that brings enough attention and pressure onto um go fund 331 00:16:49,520 --> 00:16:50,920 Speaker 1: me and maybe able to do the right thing there. 332 00:16:51,160 --> 00:16:53,680 Speaker 1: But my point is is that going to the polls 333 00:16:53,680 --> 00:16:56,800 Speaker 1: and voting doesn't matter. Trudeau says they're a fringe. We 334 00:16:56,840 --> 00:16:59,600 Speaker 1: don't know, Um, that's what he says. I don't know 335 00:16:59,600 --> 00:17:02,240 Speaker 1: how he is that he doesn't. Obviously, no one's going 336 00:17:02,240 --> 00:17:04,080 Speaker 1: to run in a poll door to door finding out. 337 00:17:04,600 --> 00:17:07,040 Speaker 1: But what we do know is that three to one. 338 00:17:07,040 --> 00:17:11,119 Speaker 1: They've outraised him. They voted with their money, but they 339 00:17:11,240 --> 00:17:14,480 Speaker 1: voted with the wrong money, right, they voted with the 340 00:17:14,480 --> 00:17:16,640 Speaker 1: wrong money. So now they can vote with bitcoin. They should. 341 00:17:16,720 --> 00:17:20,479 Speaker 1: And actually I've seen some bitcoin um funds have been started. Um, 342 00:17:20,600 --> 00:17:23,560 Speaker 1: two of my really good friends, Greg Fosse and Jeff 343 00:17:23,600 --> 00:17:25,920 Speaker 1: Booth have started up a bitcoin fund that's on a 344 00:17:26,000 --> 00:17:30,040 Speaker 1: multi signature setup, which means, um, three people have keys, 345 00:17:30,040 --> 00:17:32,280 Speaker 1: so not one person could you know, run away with 346 00:17:32,320 --> 00:17:36,119 Speaker 1: the money or anything like that. Um, they're good Canadian dudes. UM. 347 00:17:36,200 --> 00:17:38,840 Speaker 1: You're listening to the markma Show and we're talking about 348 00:17:38,920 --> 00:17:41,040 Speaker 1: some of the latest breaking news in the bitcoin space 349 00:17:41,080 --> 00:17:45,119 Speaker 1: that's going on right now. UM, trying to help you, 350 00:17:45,119 --> 00:17:46,840 Speaker 1: you know, trying to bring some context into what's going 351 00:17:46,880 --> 00:17:48,840 Speaker 1: on in this world today and trying to show you 352 00:17:48,880 --> 00:17:51,600 Speaker 1: how bitcoin can fix this. Which is kind of a joke, 353 00:17:51,680 --> 00:17:53,639 Speaker 1: but it's actually kind of true. I'm in the studio 354 00:17:53,640 --> 00:17:57,359 Speaker 1: with Jessica Van discussing these some really big stories coming 355 00:17:57,400 --> 00:18:00,639 Speaker 1: back stick around, don't go away, all right, welcome back. 356 00:18:00,760 --> 00:18:02,600 Speaker 1: You are listening to the Mark Mos Show, and we're 357 00:18:02,600 --> 00:18:06,480 Speaker 1: talking about bitcoin and cryptocurrencies in the decentralized Revolution. That's 358 00:18:06,520 --> 00:18:10,880 Speaker 1: happening right now. I'm bringing you the latest breaking news, 359 00:18:11,520 --> 00:18:13,280 Speaker 1: so you're up to date, up to the minute date, 360 00:18:14,000 --> 00:18:16,239 Speaker 1: you know. I want you to understand the play by 361 00:18:16,240 --> 00:18:18,320 Speaker 1: play so you don't get faked out of these markets. 362 00:18:19,200 --> 00:18:22,040 Speaker 1: And I also want to make you seem really smart 363 00:18:22,080 --> 00:18:23,840 Speaker 1: when you go to that party over the weekend and 364 00:18:23,920 --> 00:18:26,160 Speaker 1: you know everything that's going on. I'm in the studio 365 00:18:26,200 --> 00:18:28,840 Speaker 1: with Jessica Van Uh and we are discussing some of 366 00:18:28,840 --> 00:18:31,800 Speaker 1: these news headlines and Uh. During the break, they're still 367 00:18:31,800 --> 00:18:34,080 Speaker 1: giving me a hard time because I don't know who 368 00:18:34,200 --> 00:18:36,520 Speaker 1: Kanye West is or what is abbreviation his name is. 369 00:18:36,840 --> 00:18:40,000 Speaker 1: It's it's yea, not ye Sorry about that, um, but 370 00:18:40,040 --> 00:18:41,520 Speaker 1: they said, hey, that's a good thing because you probably 371 00:18:41,520 --> 00:18:43,480 Speaker 1: don't want to get your financial advice from somebody who 372 00:18:43,920 --> 00:18:45,760 Speaker 1: um knows how to pronounce his name. So I'm gonna 373 00:18:45,760 --> 00:18:47,679 Speaker 1: go with that. That makes me feel better, you know 374 00:18:47,760 --> 00:18:50,800 Speaker 1: the real answer is that, um man, I've always been 375 00:18:50,800 --> 00:18:53,919 Speaker 1: into music, like big time. I love music, um, But 376 00:18:54,000 --> 00:18:55,960 Speaker 1: over the over the last several years, it's like I 377 00:18:56,040 --> 00:18:59,719 Speaker 1: just listen to my podcast now, like podcasts and audiobooks. 378 00:18:59,720 --> 00:19:01,480 Speaker 1: Remember as a kid driving around with my parents and 379 00:19:01,520 --> 00:19:03,960 Speaker 1: my dad always listened to talk radio, and I hated it. 380 00:19:03,960 --> 00:19:06,560 Speaker 1: It's like so boring. Yeah, I remember as a kid 381 00:19:06,560 --> 00:19:09,639 Speaker 1: to all the am talk radio and all the white noise. 382 00:19:09,760 --> 00:19:12,399 Speaker 1: Yeah yeah, I hated the talk radio. It's just so boring. 383 00:19:12,480 --> 00:19:16,000 Speaker 1: And now here I am, uh doing talk radio. Everybody 384 00:19:16,040 --> 00:19:18,840 Speaker 1: grows up. Now now I'm doing talk radio. But hopefully 385 00:19:19,280 --> 00:19:20,720 Speaker 1: I'm not so bored. I'm trying to make it an 386 00:19:20,760 --> 00:19:24,280 Speaker 1: interesting even if I don't know who how to pronounce you. Ah. 387 00:19:24,640 --> 00:19:30,400 Speaker 1: But but back to uh, bitcoin and cryptocurrencies. You know, uh, 388 00:19:30,520 --> 00:19:33,360 Speaker 1: if you're new, I can see it's a little depressing. 389 00:19:34,080 --> 00:19:37,320 Speaker 1: The price of bitcoin and cryptocurrencies are down, big, down, 390 00:19:37,320 --> 00:19:38,879 Speaker 1: big time. As a matter of fact, the peak was 391 00:19:38,920 --> 00:19:42,000 Speaker 1: about November of last year. Bitcoin reached a high of 392 00:19:42,240 --> 00:19:45,600 Speaker 1: sixty nine thousand dollars, and I think at that at 393 00:19:45,600 --> 00:19:48,800 Speaker 1: this time, it's somewhere in the high thirties range, thirty 394 00:19:48,920 --> 00:19:52,640 Speaker 1: seven thirty eight ish or something like that. It's down 395 00:19:52,680 --> 00:19:56,080 Speaker 1: about most of the other big cryptocurrencies are down as 396 00:19:56,119 --> 00:20:00,359 Speaker 1: much as it seems like a blood bath. Um. But 397 00:20:00,520 --> 00:20:01,680 Speaker 1: you know, I wanted to just kind of bring a 398 00:20:01,680 --> 00:20:05,280 Speaker 1: little bit of perspective into that. Um. I saw that 399 00:20:06,280 --> 00:20:09,639 Speaker 1: according to Candice Browne and head of Global Research at 400 00:20:09,640 --> 00:20:13,360 Speaker 1: Bank of America Securities. The number of executives mentioning crypto 401 00:20:13,480 --> 00:20:18,679 Speaker 1: in earnings calls this quarter rose from seventeen to about 402 00:20:18,720 --> 00:20:22,280 Speaker 1: a hundred and forty seven in the most recent quarter. 403 00:20:22,920 --> 00:20:25,800 Speaker 1: So that's the number of executives mentioning crypto in their 404 00:20:25,840 --> 00:20:30,000 Speaker 1: earnings calls went from seventeen to a hundred and forty seven. 405 00:20:30,000 --> 00:20:33,040 Speaker 1: So remember I talked about with new technologies the prices 406 00:20:33,040 --> 00:20:35,719 Speaker 1: of distraction. We want to look at the network growing, 407 00:20:35,760 --> 00:20:38,760 Speaker 1: are more people using it? And uh, Jessica, as we 408 00:20:38,760 --> 00:20:40,920 Speaker 1: talked about with the truckers, right, I mean there's a 409 00:20:40,960 --> 00:20:44,000 Speaker 1: big use case. We can see more people using it. Um, 410 00:20:44,040 --> 00:20:46,400 Speaker 1: that's pretty cool. And then we see here with this 411 00:20:46,480 --> 00:20:49,840 Speaker 1: we went from seventeen executives to a hundred and forty seven, 412 00:20:49,920 --> 00:20:54,320 Speaker 1: which was pretty amazing. UM. And then if we look 413 00:20:54,359 --> 00:20:56,879 Speaker 1: at just a couple of things, just in the first 414 00:20:57,240 --> 00:20:59,800 Speaker 1: quarter of this year of I'm sorry, in the first 415 00:20:59,800 --> 00:21:03,800 Speaker 1: month of two, we saw I'm not even gonna read 416 00:21:03,840 --> 00:21:05,240 Speaker 1: all these off I have a whole list here, but 417 00:21:05,280 --> 00:21:08,400 Speaker 1: Digital Assets raised five fifty million. Lennon based venture capital 418 00:21:08,480 --> 00:21:11,600 Speaker 1: firm Blossom four million, crypto exchange f t x rays 419 00:21:11,680 --> 00:21:15,520 Speaker 1: four million. Hong Kong. Metaverse startup raised three sixty million. 420 00:21:15,600 --> 00:21:19,320 Speaker 1: N f T Marketplace open ce raised, Privacy Focus Blockchain 421 00:21:19,440 --> 00:21:22,560 Speaker 1: hundred seventy five million, two hund million, hundred seventy million, 422 00:21:22,760 --> 00:21:26,040 Speaker 1: D fifty million, hundred ninety million, UM and on and 423 00:21:26,080 --> 00:21:29,760 Speaker 1: on and on. Just the top twelve raised over a 424 00:21:29,840 --> 00:21:33,600 Speaker 1: hundred million each in just one month. That's on top 425 00:21:33,640 --> 00:21:40,720 Speaker 1: of fifty other announcements that had funding in January alone. So, um, 426 00:21:40,800 --> 00:21:44,400 Speaker 1: I love that crypto is where we took our liquidity infusions. 427 00:21:44,600 --> 00:21:46,760 Speaker 1: I think I think that that was just a beautiful 428 00:21:46,800 --> 00:21:50,600 Speaker 1: thing to see. So I'm sure that's just some market correction. Yeah. 429 00:21:50,640 --> 00:21:52,440 Speaker 1: I mean if you look at um, if you look 430 00:21:52,440 --> 00:21:54,840 Speaker 1: at the Nasdaq, which is most of the tech stocks, 431 00:21:54,960 --> 00:21:57,560 Speaker 1: about half of the NAZAC is down, more than fifty 432 00:21:58,640 --> 00:22:03,440 Speaker 1: Meta got nailed old super hard. Their prices down. Netflix 433 00:22:03,480 --> 00:22:05,600 Speaker 1: is down, Spotify is down. I don't think it's because 434 00:22:05,600 --> 00:22:07,399 Speaker 1: of Joe Rogan. I think it Spotify is down just 435 00:22:07,400 --> 00:22:10,240 Speaker 1: because all that all that is down at the same time. Um, 436 00:22:10,320 --> 00:22:12,040 Speaker 1: doesn't that always happen in the spring? Is that a 437 00:22:12,040 --> 00:22:15,960 Speaker 1: little early, isn't it March? Well, Um, it's it's more 438 00:22:16,000 --> 00:22:18,400 Speaker 1: because the Federal Reserve is screwing with the markets right there, 439 00:22:18,440 --> 00:22:20,640 Speaker 1: threatening to suck all this money out and raise rates 440 00:22:20,680 --> 00:22:23,920 Speaker 1: on everybody, which they started in November they said that 441 00:22:23,960 --> 00:22:27,199 Speaker 1: they were going to do that, and not coincidentally, that 442 00:22:27,359 --> 00:22:31,160 Speaker 1: was the hot high we saw on cryptocurrencies as well. Um, 443 00:22:31,200 --> 00:22:33,720 Speaker 1: but yeah, to your point, right, like you see liquidity 444 00:22:33,800 --> 00:22:36,240 Speaker 1: leaving the traditional stock markets, but look how much went 445 00:22:36,320 --> 00:22:39,560 Speaker 1: in to the crypto marketplace and just the first month. 446 00:22:39,800 --> 00:22:41,920 Speaker 1: Well it's a set up for the leading logic that yes, 447 00:22:41,920 --> 00:22:44,600 Speaker 1: of course we want the FED to print more money. Yeah, 448 00:22:44,720 --> 00:22:47,240 Speaker 1: are we going to take that bait? Well, we do 449 00:22:47,320 --> 00:22:49,439 Speaker 1: want the Fed to print more money. So I you know, 450 00:22:49,640 --> 00:22:53,560 Speaker 1: as after two tho, after getting my butt kicked, Um, 451 00:22:53,640 --> 00:22:55,119 Speaker 1: I realized I was really good at making money, but 452 00:22:55,119 --> 00:22:56,960 Speaker 1: I didn't know what this whole financial world is about. 453 00:22:57,000 --> 00:22:58,560 Speaker 1: And so howd just been the last twelve years figuring 454 00:22:58,560 --> 00:23:01,560 Speaker 1: that out? And I became this gold bug and I'm like, no, like, 455 00:23:01,600 --> 00:23:03,959 Speaker 1: all this money printing is what's ruining the economy. They 456 00:23:03,960 --> 00:23:06,280 Speaker 1: can't just keep printing money. And like every time they 457 00:23:06,280 --> 00:23:08,159 Speaker 1: want to print more money, it's like, no, stop, you 458 00:23:08,160 --> 00:23:09,439 Speaker 1: can't do it. You don't know how bad things are 459 00:23:09,440 --> 00:23:11,560 Speaker 1: gonna get I'm at the point now, or I'm just 460 00:23:11,640 --> 00:23:16,240 Speaker 1: like just bring it. I'll shure in bigcoin faster. Yeah, 461 00:23:16,400 --> 00:23:18,320 Speaker 1: Like why why stop at one trillion? Can we just 462 00:23:18,359 --> 00:23:21,960 Speaker 1: print five? How about that? Right? Actually, as a matter 463 00:23:21,960 --> 00:23:26,560 Speaker 1: of fact, talking about printing money. So in two um 464 00:23:26,680 --> 00:23:30,679 Speaker 1: the it was the g f C, the Great Financial Crash. 465 00:23:30,840 --> 00:23:34,720 Speaker 1: The entire global financial system was crashing at the same time, 466 00:23:35,200 --> 00:23:37,719 Speaker 1: and the FED had to step in and save the day. 467 00:23:37,760 --> 00:23:41,800 Speaker 1: With seven hundred billion they saved The entire global finance 468 00:23:41,840 --> 00:23:44,159 Speaker 1: system was seven and it was like, oh my gosh, 469 00:23:44,160 --> 00:23:47,520 Speaker 1: that's so much money. Now they're thrown around trillions like 470 00:23:47,520 --> 00:23:50,480 Speaker 1: it's nothing, right, So it was seven hundre billion plus 471 00:23:50,440 --> 00:23:52,560 Speaker 1: there's ane other seven hundred bion and about one point 472 00:23:52,600 --> 00:23:55,960 Speaker 1: five trillion dollars is what was on the books. Well, 473 00:23:56,200 --> 00:23:59,120 Speaker 1: in America, it's still the land of the free kind 474 00:23:59,160 --> 00:24:01,399 Speaker 1: of And uh, there's something known as a Freedom of 475 00:24:01,440 --> 00:24:04,879 Speaker 1: Information Act, the FOI Request f A I A and 476 00:24:04,920 --> 00:24:07,560 Speaker 1: so we as a journalist or whatever, we have the 477 00:24:07,640 --> 00:24:11,239 Speaker 1: right to request information. And they've been trying to get 478 00:24:11,280 --> 00:24:14,199 Speaker 1: information from the FED to find out. The length of 479 00:24:14,240 --> 00:24:17,680 Speaker 1: time that they've been able to to stall is remarkable. 480 00:24:17,720 --> 00:24:20,719 Speaker 1: If you can put ten years pauses on information. Your 481 00:24:20,760 --> 00:24:25,760 Speaker 1: information isn't free exactly exactly. So, Um, they put this 482 00:24:25,800 --> 00:24:28,000 Speaker 1: request into the FED to get the information for what 483 00:24:28,080 --> 00:24:31,240 Speaker 1: happened after two and the FED tried to block it 484 00:24:31,280 --> 00:24:33,239 Speaker 1: to your point, tried to stall out kind of like 485 00:24:33,280 --> 00:24:35,840 Speaker 1: what the FDA or what fights are is doing? Right 486 00:24:35,840 --> 00:24:37,800 Speaker 1: now we have to wait what seventy five years to 487 00:24:37,840 --> 00:24:42,399 Speaker 1: get information on the efficacy of the vaccines. Um. So 488 00:24:42,520 --> 00:24:45,040 Speaker 1: much freedom, which is a whole another subject, but um, 489 00:24:45,840 --> 00:24:48,840 Speaker 1: same point though, right, so we have to wait seventy 490 00:24:48,880 --> 00:24:50,520 Speaker 1: five years. I don't know if it's fifty years now 491 00:24:50,600 --> 00:24:54,520 Speaker 1: or whatever, somewhere fifty years like what like we're taking 492 00:24:54,560 --> 00:24:57,000 Speaker 1: this now, like we need the information now seven five 493 00:24:57,040 --> 00:25:00,320 Speaker 1: years anyway. Um, So they FED fought it, fought it, 494 00:25:00,320 --> 00:25:03,159 Speaker 1: fought it, fought it. They pushed it out twelve years, 495 00:25:03,240 --> 00:25:06,680 Speaker 1: this data, and it finally got released. Finally it released. 496 00:25:06,680 --> 00:25:09,960 Speaker 1: It's called the Levy Economics Institute of Barred College put 497 00:25:09,960 --> 00:25:11,720 Speaker 1: it out and it's a detailed look at the fed's 498 00:25:11,760 --> 00:25:15,000 Speaker 1: bailout of the financial system. Um. So, okay, this is 499 00:25:15,080 --> 00:25:18,400 Speaker 1: from two thousand seven to two thousand nine. So what 500 00:25:18,440 --> 00:25:21,560 Speaker 1: they told us, Jessica, is that they were going to 501 00:25:21,600 --> 00:25:24,000 Speaker 1: bail out the banks with seven hundred billion plus another 502 00:25:24,000 --> 00:25:26,320 Speaker 1: seven or about one point five trillion. That's what we're told. 503 00:25:26,800 --> 00:25:31,000 Speaker 1: Twelve years later, the FOIA finally comes out. It wasn't 504 00:25:31,000 --> 00:25:33,080 Speaker 1: one point five trillion. Do you have any idea how 505 00:25:33,160 --> 00:25:34,879 Speaker 1: much it was? Did you have you heard this story already? 506 00:25:35,359 --> 00:25:38,200 Speaker 1: H It was a mind boggling number. That was just 507 00:25:38,760 --> 00:25:45,080 Speaker 1: take a guess how much? Take a guess? Thirty trillion? Wow, 508 00:25:45,160 --> 00:25:48,159 Speaker 1: money is so imaginary to these people. They never planned 509 00:25:48,160 --> 00:25:50,159 Speaker 1: to pay back any of their debts. But what bothered 510 00:25:50,160 --> 00:25:52,840 Speaker 1: me most about that story was didn't the money go 511 00:25:53,040 --> 00:25:59,560 Speaker 1: to some other outside of America, some other countries? Oh yeah, yeah, yeah, yeah, 512 00:25:59,600 --> 00:26:02,000 Speaker 1: that was totally information. Yeah, billions and billions of dollars 513 00:26:02,080 --> 00:26:03,960 Speaker 1: went to other countries to bail them out as well. 514 00:26:04,000 --> 00:26:07,840 Speaker 1: We bailed out, you know, China, We build out most 515 00:26:07,840 --> 00:26:12,080 Speaker 1: of the European countries. They call it swap lines um, 516 00:26:12,119 --> 00:26:13,840 Speaker 1: So they swap out the bad debt for good debt 517 00:26:14,680 --> 00:26:20,359 Speaker 1: thirty trillion dollars, which is insane. Now we only know 518 00:26:20,400 --> 00:26:22,040 Speaker 1: about that twelve years later because of the Freedom of 519 00:26:22,040 --> 00:26:24,680 Speaker 1: Information Act. Now we think that the federal debt went 520 00:26:24,800 --> 00:26:27,480 Speaker 1: up by only a few trillion. So where did this 521 00:26:27,560 --> 00:26:32,439 Speaker 1: thirty trillion come from and where did it go? Like, 522 00:26:32,520 --> 00:26:35,160 Speaker 1: we don't know, we didn't know accountability with our money. Yeah, 523 00:26:35,200 --> 00:26:37,600 Speaker 1: we saw that the federal debt. So if you look 524 00:26:37,600 --> 00:26:40,080 Speaker 1: at the debt that the that the government shows we 525 00:26:40,119 --> 00:26:43,399 Speaker 1: went from twenty trillion dollars of debt government debt in 526 00:26:43,800 --> 00:26:47,439 Speaker 1: seventeen two. We just surpassed thirty trillion this week. So 527 00:26:47,480 --> 00:26:51,320 Speaker 1: from twenty to thirty in three years or four years. 528 00:26:51,359 --> 00:26:53,120 Speaker 1: But that's that's only that's the only part of the story, 529 00:26:53,160 --> 00:26:55,960 Speaker 1: because here's thirty trillion they spent from two thousand nine 530 00:26:55,960 --> 00:26:59,199 Speaker 1: and two years. Anyway, it's insane. You listen to the 531 00:26:59,200 --> 00:27:02,439 Speaker 1: markmas Show. We're talking about bitcoin, We're talking about the 532 00:27:02,440 --> 00:27:05,800 Speaker 1: decentralist revolution. We are talking about the latest breaking news 533 00:27:05,840 --> 00:27:07,480 Speaker 1: that's going on to keep you up to date. We're 534 00:27:07,520 --> 00:27:10,200 Speaker 1: just talking about the amount of money that the Fed 535 00:27:10,520 --> 00:27:12,480 Speaker 1: has printed that we just found out about this week 536 00:27:12,520 --> 00:27:15,080 Speaker 1: after twelve years of trying to get that information out 537 00:27:15,080 --> 00:27:17,760 Speaker 1: of them. Um again, they're listening to the Mark ma Show. 538 00:27:17,800 --> 00:27:20,119 Speaker 1: I'm in the studio with Jessica Vaughan talking about the 539 00:27:20,200 --> 00:27:23,360 Speaker 1: latest breaking news. I got some other big stories. I'm 540 00:27:23,359 --> 00:27:26,480 Speaker 1: saving the best for last. Um, you don't want to 541 00:27:26,480 --> 00:27:28,120 Speaker 1: miss this. You don't want to be in the dark, 542 00:27:28,280 --> 00:27:31,080 Speaker 1: so don't go away. Hey everyone, welcome back. You are 543 00:27:31,160 --> 00:27:33,120 Speaker 1: listening to the Mark ma Show, and we are talking 544 00:27:33,160 --> 00:27:36,520 Speaker 1: about bitcoin. We're talking about cryptocurrencies. We're talking about the 545 00:27:36,600 --> 00:27:40,680 Speaker 1: decentralized revolution that is happening right now, and right now 546 00:27:40,720 --> 00:27:43,480 Speaker 1: I'm talking about the latest breaking news that's happening, the 547 00:27:43,520 --> 00:27:45,280 Speaker 1: latest breaking news of the week, so you can be 548 00:27:45,440 --> 00:27:47,440 Speaker 1: up to date. Now. I tell you all the time 549 00:27:47,680 --> 00:27:50,040 Speaker 1: that the price is the least important thing to be 550 00:27:50,080 --> 00:27:52,359 Speaker 1: looking at. It's a distraction. What you should be looking 551 00:27:52,400 --> 00:27:55,159 Speaker 1: at is the the number of users on the network 552 00:27:55,240 --> 00:27:57,399 Speaker 1: and the development that's happening on the network. And so 553 00:27:57,440 --> 00:28:00,520 Speaker 1: those are things that I like to focus on each week. Um. 554 00:28:00,600 --> 00:28:03,040 Speaker 1: And as long as those things are tracking forward, then 555 00:28:03,080 --> 00:28:05,760 Speaker 1: you know we're going in the right direction. So talking 556 00:28:05,760 --> 00:28:07,640 Speaker 1: about those two things, I see a couple of things 557 00:28:07,640 --> 00:28:10,840 Speaker 1: happening this week. UM. I don't know if you saw this, Jessica, 558 00:28:10,880 --> 00:28:15,000 Speaker 1: but we saw one. Um. There's a few guys trying 559 00:28:15,040 --> 00:28:17,800 Speaker 1: to run for Governor Abbott's job in Texas as the 560 00:28:17,840 --> 00:28:23,920 Speaker 1: governor and uh, they're running on like a pro bitcoin platform. 561 00:28:24,080 --> 00:28:27,160 Speaker 1: I love to see it. Yeah, Alan West, I think 562 00:28:27,240 --> 00:28:30,720 Speaker 1: is one of them. Lieutenant I think is Lieutenant Allen West. 563 00:28:31,080 --> 00:28:32,760 Speaker 1: I forget the other guy's name. And they're running on 564 00:28:32,840 --> 00:28:35,200 Speaker 1: like this pro bitcoin platform. As a matter of fact, 565 00:28:35,240 --> 00:28:37,280 Speaker 1: what they're saying is they want to make bitcoin a 566 00:28:37,400 --> 00:28:39,880 Speaker 1: legal tender in the state of Texas. Well, it is 567 00:28:39,920 --> 00:28:42,640 Speaker 1: a United nation all its own, so or at least 568 00:28:42,640 --> 00:28:46,840 Speaker 1: they are going with the DNA of Texas as an 569 00:28:46,840 --> 00:28:50,040 Speaker 1: independent place. So I love that. And then we saw 570 00:28:50,120 --> 00:28:53,920 Speaker 1: in Arizona the same thing. They actually, I think already 571 00:28:53,960 --> 00:28:56,960 Speaker 1: wrote the bill to make bitcoin a legal tender in 572 00:28:56,960 --> 00:28:59,520 Speaker 1: the state of Arizona. I was so surprised that Arizona 573 00:28:59,600 --> 00:29:02,200 Speaker 1: came out of nowhere. And they must have been watching 574 00:29:02,240 --> 00:29:06,560 Speaker 1: all the conversational support that UM bitcoin has been giving to, 575 00:29:07,360 --> 00:29:10,920 Speaker 1: you know, Texas and and UM Florida. Well I figured 576 00:29:10,920 --> 00:29:12,880 Speaker 1: it would be one of them first. Well, growing up 577 00:29:12,880 --> 00:29:15,320 Speaker 1: in southern California, I've spent a lot of time in Arizona, 578 00:29:15,440 --> 00:29:19,400 Speaker 1: and they're their their freedom loving, gun toting, steak eating 579 00:29:19,440 --> 00:29:23,320 Speaker 1: people in Arizona. UM. After that the last election, it 580 00:29:23,440 --> 00:29:25,920 Speaker 1: was an interesting way for that state to go, wasn't it. Yeah. 581 00:29:26,360 --> 00:29:28,640 Speaker 1: Shout out to Megan McCain for that one. Yeah, but 582 00:29:29,200 --> 00:29:30,640 Speaker 1: you know, there's a lot of freedom lovers there, so 583 00:29:30,720 --> 00:29:32,840 Speaker 1: it wasn't a big surprise to me to see Arizona 584 00:29:32,880 --> 00:29:35,080 Speaker 1: come out with that. Um. You know, maybe it would 585 00:29:35,080 --> 00:29:37,640 Speaker 1: have been like Wyoming first or whatever. But anyway, so 586 00:29:37,680 --> 00:29:40,600 Speaker 1: we saw that, so Texas has kind of put this bill. Um, 587 00:29:40,640 --> 00:29:43,479 Speaker 1: then we saw Arizona. Now I've seen a lot of 588 00:29:43,760 --> 00:29:45,640 Speaker 1: people are also starting to jump on the bandwagon, but 589 00:29:45,680 --> 00:29:48,360 Speaker 1: I think they're just cloud chasers. So there was another 590 00:29:49,000 --> 00:29:52,280 Speaker 1: uh lady, I forget her name, and she's talking about 591 00:29:52,280 --> 00:29:55,760 Speaker 1: bitcoin and uh she's then she posted, oh, I've had 592 00:29:55,800 --> 00:29:58,520 Speaker 1: a ten thousand new followers, uh since I on Twitter, 593 00:29:58,560 --> 00:30:00,480 Speaker 1: since I started talking about bitcoin. Next thing, you know, 594 00:30:00,560 --> 00:30:06,080 Speaker 1: she's talking about uh she mentioned she and then she 595 00:30:06,120 --> 00:30:10,920 Speaker 1: mentioned like ethereum and then like so used using the 596 00:30:10,920 --> 00:30:12,920 Speaker 1: bitcoin as like a platform, and then and then kind 597 00:30:12,920 --> 00:30:15,400 Speaker 1: of bait and switching people. But the point that I 598 00:30:15,440 --> 00:30:18,120 Speaker 1: was looking at is that we saw that this week 599 00:30:18,200 --> 00:30:20,200 Speaker 1: that you know, this this governor race for Texas is 600 00:30:20,280 --> 00:30:22,120 Speaker 1: ramping up, and these people are talking about really running 601 00:30:22,120 --> 00:30:24,240 Speaker 1: on a bitcoin platform and using bitcoin is legal tender 602 00:30:24,560 --> 00:30:28,239 Speaker 1: um Arizona as well. But at the same time, the 603 00:30:28,280 --> 00:30:32,960 Speaker 1: federal level, good old, good old, the old Brandon administration 604 00:30:33,400 --> 00:30:36,640 Speaker 1: is trying to put an executive order that gives the 605 00:30:36,680 --> 00:30:42,760 Speaker 1: White House huge power and oversight over the cryptocurrency industry. 606 00:30:43,960 --> 00:30:45,800 Speaker 1: Um and not just from that now. We don't know 607 00:30:45,840 --> 00:30:48,720 Speaker 1: what this executive order is at this point. Um. He's 608 00:30:48,760 --> 00:30:51,360 Speaker 1: just put an executive order in place that says that 609 00:30:51,400 --> 00:30:53,280 Speaker 1: he's going to have all this power to do all 610 00:30:53,280 --> 00:30:56,840 Speaker 1: these things, but we don't even know what it is yet. Um. 611 00:30:56,880 --> 00:31:00,440 Speaker 1: The order would include the Treasury Department, the Commerce, UM Department, 612 00:31:00,720 --> 00:31:06,440 Speaker 1: National Science Foundation, and National Security agencies. It says the 613 00:31:06,520 --> 00:31:08,920 Speaker 1: government may expand its efforts to study and regulate the 614 00:31:09,120 --> 00:31:13,240 Speaker 1: two trillion dollar digital asset sector. UM. And so they're 615 00:31:13,280 --> 00:31:16,200 Speaker 1: doing that, and at the same time, the Treasury Department 616 00:31:16,960 --> 00:31:20,360 Speaker 1: is also trying to get a bill through which, as 617 00:31:20,360 --> 00:31:24,640 Speaker 1: it says here, would hand Treasury blank check to ban 618 00:31:24,880 --> 00:31:29,520 Speaker 1: crypto at exchanges. The provision is in the quote unquote 619 00:31:29,680 --> 00:31:33,320 Speaker 1: America Competes Act. You know, they got it. It's like 620 00:31:33,360 --> 00:31:37,040 Speaker 1: the Saving Puppies Act. Nobody's against saving puppies, of course, right, somebody, 621 00:31:37,120 --> 00:31:39,480 Speaker 1: nobody would have a problem with the Patriot Act. I mean, 622 00:31:39,600 --> 00:31:42,200 Speaker 1: aren't you all patriots, right, right? I mean, you're a 623 00:31:42,200 --> 00:31:45,160 Speaker 1: patriot Act, right, never mind that we lost more freedoms 624 00:31:45,160 --> 00:31:48,680 Speaker 1: in that patriarch than any other time in history. Um, 625 00:31:48,800 --> 00:31:50,520 Speaker 1: if they would have called it a Loss of Freedom Act, 626 00:31:50,520 --> 00:31:52,520 Speaker 1: they probably wouldn't have got as many people supporting. And 627 00:31:52,560 --> 00:31:56,720 Speaker 1: I'm guessing there's no truth in advertising. Well, basically you 628 00:31:56,840 --> 00:32:00,160 Speaker 1: countertrade it. It's kind of like every time Peter if 629 00:32:00,160 --> 00:32:05,160 Speaker 1: talks about bitcoin bad, you just buy a bitcoin and uh, actually, uh, 630 00:32:05,280 --> 00:32:09,480 Speaker 1: Jim Kramer, man, he has been getting hammered. Someone put 631 00:32:09,480 --> 00:32:11,880 Speaker 1: out like all the calls he's made on like an 632 00:32:11,960 --> 00:32:15,440 Speaker 1: MSNBC or whatever US. I'm sorry if that's throwing network, 633 00:32:15,920 --> 00:32:17,560 Speaker 1: but man, he's had You could have just count of 634 00:32:17,560 --> 00:32:19,120 Speaker 1: traded him to do really well. But it's kind of 635 00:32:19,160 --> 00:32:24,040 Speaker 1: like that. So um yeah, they're calling this the America 636 00:32:24,080 --> 00:32:26,000 Speaker 1: Competes Act and they're sticking all these things in there, 637 00:32:26,920 --> 00:32:29,840 Speaker 1: and uh, basically, this little clause they're putting in this 638 00:32:29,880 --> 00:32:34,680 Speaker 1: American Competes Act of two UM basically gives the Treasury 639 00:32:34,960 --> 00:32:39,760 Speaker 1: an unlimited ability to um basically prohibit any kind of 640 00:32:39,800 --> 00:32:44,920 Speaker 1: transaction it deems a concern it deems without any public 641 00:32:44,960 --> 00:32:47,479 Speaker 1: notice or input. Now we have bills that have been 642 00:32:47,520 --> 00:32:49,200 Speaker 1: put in place. Laws have been put in place, like 643 00:32:49,360 --> 00:32:54,480 Speaker 1: the Bank Secrecy Act that guarantee US privacy, and this 644 00:32:54,560 --> 00:32:56,960 Speaker 1: completely goes against any of them. And it's a blank check. 645 00:32:57,040 --> 00:32:59,400 Speaker 1: But what's interesting about this is at the same time 646 00:32:59,440 --> 00:33:02,520 Speaker 1: as the White House is going to put an executive 647 00:33:02,600 --> 00:33:04,280 Speaker 1: order in place that gives them this massive power we 648 00:33:04,280 --> 00:33:06,000 Speaker 1: don't even know what it is, and the Treasury is 649 00:33:06,040 --> 00:33:09,360 Speaker 1: also doing this, we have states that are trying to 650 00:33:09,400 --> 00:33:13,480 Speaker 1: make it legal. Tender. That's that's kind of a setting 651 00:33:13,560 --> 00:33:16,800 Speaker 1: up a fight. Well, I mean the entire Balkanization. I mean, 652 00:33:16,800 --> 00:33:19,000 Speaker 1: we're just watching it, watching it happen. I mean, when 653 00:33:19,000 --> 00:33:22,959 Speaker 1: the federal government is telling states just disregard, you know, 654 00:33:23,520 --> 00:33:27,120 Speaker 1: Supreme Court rulings that they don't like, what are we 655 00:33:27,160 --> 00:33:31,520 Speaker 1: gonna do other than just exercise federalism to a which 656 00:33:31,560 --> 00:33:35,000 Speaker 1: deeper degree. Know, the Balconization is something that you know, 657 00:33:35,040 --> 00:33:37,400 Speaker 1: I've been talking a lot about and um, it's it's 658 00:33:37,400 --> 00:33:40,680 Speaker 1: definitely happening, right so um, and it's been happening for 659 00:33:40,720 --> 00:33:43,200 Speaker 1: a long time. So in the state of California, for example, 660 00:33:44,480 --> 00:33:47,960 Speaker 1: it's like a sanctuary state. So basically, um, the state 661 00:33:48,080 --> 00:33:52,080 Speaker 1: has decided that it will not uh enforced a federal 662 00:33:52,520 --> 00:33:56,120 Speaker 1: guidelines on immigration. Right, So nope, we don't care what 663 00:33:56,120 --> 00:33:57,440 Speaker 1: the federal laws are. We're not going to do it. 664 00:33:57,480 --> 00:33:59,200 Speaker 1: As a matter of fact, we're going to go directly 665 00:33:59,240 --> 00:34:02,040 Speaker 1: against it. Well, of course that's our history with legalizing 666 00:34:02,080 --> 00:34:07,360 Speaker 1: marijuana in the state. And sure, and my suspicion is 667 00:34:07,400 --> 00:34:10,920 Speaker 1: that this continues to get, uh grow more and more 668 00:34:10,960 --> 00:34:12,879 Speaker 1: and more, you know, and I think we'll probably start 669 00:34:12,920 --> 00:34:16,000 Speaker 1: to see this almost tipped for tat where a blues 670 00:34:16,120 --> 00:34:18,759 Speaker 1: like so So Texas did like that abortion law where 671 00:34:18,800 --> 00:34:21,280 Speaker 1: they said, hey, we're gonna find anybody who gets an abortion, 672 00:34:21,320 --> 00:34:23,440 Speaker 1: and then we'll see a blue state go okay, then 673 00:34:23,480 --> 00:34:26,520 Speaker 1: we'll find anybody who has a gun, right and then 674 00:34:27,280 --> 00:34:30,400 Speaker 1: and and it's definitely just so that they are driving 675 00:34:30,440 --> 00:34:33,120 Speaker 1: people out of these places where they want to have 676 00:34:33,200 --> 00:34:38,399 Speaker 1: complete in um, you know, unchallenged political control. Yeah, it's 677 00:34:38,400 --> 00:34:43,720 Speaker 1: like a new type of gerrymandering, but ideological. Yeah, it's interesting. Well, 678 00:34:43,880 --> 00:34:46,640 Speaker 1: what happens is at the at the end, when things 679 00:34:46,800 --> 00:34:48,480 Speaker 1: start changing, you get a lot of faltilities. So in 680 00:34:48,480 --> 00:34:52,880 Speaker 1: the financial market, mostly a financial analyst most of my channels, 681 00:34:53,840 --> 00:34:57,360 Speaker 1: and uh, whenever you get the price runs up hig high, high, higher, 682 00:34:57,400 --> 00:34:59,640 Speaker 1: it goes in like this parabolic run before it like 683 00:34:59,680 --> 00:35:01,520 Speaker 1: has a low off top and it crashes and at 684 00:35:01,520 --> 00:35:04,200 Speaker 1: the top it gets very volatile. It goes up and down, 685 00:35:04,280 --> 00:35:05,800 Speaker 1: up and down, and that's kind of what we're seeing. 686 00:35:05,840 --> 00:35:09,840 Speaker 1: We're in this blowoff top and uh, it's becoming very volatile. 687 00:35:09,880 --> 00:35:12,480 Speaker 1: And I'm suspecting that we're going to see more the 688 00:35:12,560 --> 00:35:15,360 Speaker 1: states fighting against the Federal Reserve. And I think it 689 00:35:15,400 --> 00:35:19,239 Speaker 1: really started back, maybe started sooner, but in the last 690 00:35:19,239 --> 00:35:21,840 Speaker 1: election cycle, we saw a lot of challenges go to 691 00:35:21,880 --> 00:35:23,520 Speaker 1: the Supreme Court. Supreme courtse I, no, that's up to 692 00:35:23,560 --> 00:35:25,520 Speaker 1: the states, and now we're going to deal with that UM. 693 00:35:25,600 --> 00:35:27,120 Speaker 1: And now we're starting to see that more and more. 694 00:35:27,320 --> 00:35:31,120 Speaker 1: We saw I don't know half a dozen half of 695 00:35:31,160 --> 00:35:33,840 Speaker 1: the United States, I think, like filed lawsuits against the 696 00:35:33,840 --> 00:35:35,960 Speaker 1: Fed on like mandates that they put into place, if 697 00:35:35,960 --> 00:35:39,760 Speaker 1: you remember that UM. And now while the White House 698 00:35:39,920 --> 00:35:42,600 Speaker 1: executive orders and the Treasury trying to ramp up regulations 699 00:35:42,600 --> 00:35:46,239 Speaker 1: on cryptocurrencies, we have Arizona and Texas saying no, we're 700 00:35:46,239 --> 00:35:50,000 Speaker 1: gonna make it legal tender. So interesting. I don't know 701 00:35:50,080 --> 00:35:52,799 Speaker 1: what's gonna happen, but it's it's interesting, and we're gonna 702 00:35:52,800 --> 00:35:55,840 Speaker 1: be updating on this all the time. Now, in my opinion, 703 00:35:56,719 --> 00:35:59,920 Speaker 1: it's awesome. I love to see this. Well, it's awesome 704 00:36:00,080 --> 00:36:02,840 Speaker 1: if you're a portable person who hasn't anchored somewhere on 705 00:36:02,880 --> 00:36:05,640 Speaker 1: your family farm, because then you can just move where 706 00:36:05,800 --> 00:36:09,520 Speaker 1: it is that you belong. Yeah, I mean that's true. Uh, 707 00:36:09,560 --> 00:36:11,680 Speaker 1: it is unfortunate for people that don't have that ability 708 00:36:11,680 --> 00:36:13,080 Speaker 1: if there are a tree and they can't move, but 709 00:36:13,120 --> 00:36:15,120 Speaker 1: most people, most people aren't trees well, and I feel 710 00:36:15,200 --> 00:36:18,080 Speaker 1: so bad for people can't afford to move. I mean, now, 711 00:36:18,080 --> 00:36:19,520 Speaker 1: if you live on a farm, then you're probably not 712 00:36:19,520 --> 00:36:21,239 Speaker 1: affected by any of this, So you're probably okay if 713 00:36:21,239 --> 00:36:23,319 Speaker 1: you're on a farm. But other than that, yeah, it is. 714 00:36:23,360 --> 00:36:25,680 Speaker 1: It is unfortunate, and unfortunately, the poor people are the 715 00:36:25,719 --> 00:36:27,719 Speaker 1: ones who suffer the most through these things. They're the 716 00:36:27,719 --> 00:36:29,440 Speaker 1: ones that feel the effects of inflation the most. But 717 00:36:29,960 --> 00:36:33,719 Speaker 1: in my opinion, through my research, my thesis is that 718 00:36:33,800 --> 00:36:37,720 Speaker 1: what breaks this trend of going to authoritarianism is competition, 719 00:36:38,200 --> 00:36:40,880 Speaker 1: and we need the states to be able to compete. 720 00:36:41,120 --> 00:36:43,880 Speaker 1: We can't have all this federalism. We need the states 721 00:36:43,880 --> 00:36:45,880 Speaker 1: to be able to compete and then we can truly 722 00:36:45,960 --> 00:36:48,439 Speaker 1: vote with our feet and our money. Now you're listening 723 00:36:48,480 --> 00:36:50,560 Speaker 1: to the markmas Show, we're talking about bitcoin, We're talking 724 00:36:50,600 --> 00:36:54,600 Speaker 1: about this decentralized revolution that's happening right now, and I'm 725 00:36:54,640 --> 00:36:57,200 Speaker 1: showing you how it's playing out in real time with 726 00:36:57,480 --> 00:37:00,520 Speaker 1: the federal governments trying to crack down, the eights trying 727 00:37:00,520 --> 00:37:03,680 Speaker 1: to exert their power and their rights, and uh, I'll 728 00:37:03,760 --> 00:37:05,520 Speaker 1: keep you up to date. Thanks for listening to The 729 00:37:05,560 --> 00:37:06,160 Speaker 1: Mark Mars Show.