Speaker 1: All right, welcome back to another episode of the Mark
Speaker 1: Moss Show where we talk about bitcoin, bitcoin, bitcoin, bitcoin,
Speaker 1: and you know, other things as well, mainly talking about
Speaker 1: the decentralized revolution and the way that the world is changing.
Speaker 1: And I'm trying to help you put things into context
Speaker 1: because the world seems crazy. At the financial markets on
Speaker 1: the ready to melt down. You know, the Federal Reserve
Speaker 1: is threatening to pull all the money back out after
Speaker 1: the pumping in full of liquidity. We got politics are
Speaker 1: getting crazy. We see the White Houses now turning against China.
Speaker 1: We have wars in Ukraine that are potentially happening, and
Speaker 1: all the while, what the heck is going on? And
Speaker 1: more importantly, what is underneath all of this that's causing
Speaker 1: this change, And of course that is the decentralized revolution.
Speaker 1: The world is changing and if you don't understand it,
Speaker 1: it could be devastating for you. But if you do
Speaker 1: and you position yourself right, could be the biggest opportunity
Speaker 1: of your life. And that's why you should be listening
Speaker 1: to me each and every week. So if you haven't
Speaker 1: already and you're not driving, pull up your phone, put
Speaker 1: a reminder, make sure you're here with me. Each and
Speaker 1: every week on this time at this channel. All Right,
Speaker 1: it's gonna be the most important and the most profitable
Speaker 1: part of your week. Now. I try to bring you
Speaker 1: some education to help really build the foundation as you
Speaker 1: understand what is going on, because I found out the
Speaker 1: hard way back in two thou eight there was a
Speaker 1: piece of my education that was missing and it cost
Speaker 1: me dearly. So you gotta have the education. I bring
Speaker 1: you the latest breaking news so you can keep up
Speaker 1: on what is going on. And then I try to
Speaker 1: bring you some important people and guests so you can
Speaker 1: have some different insights. Um and I just have to
Speaker 1: hear my point of view all the time. Anyway, Uh,
Speaker 1: tune in each and every week, don't miss it. It's
Speaker 1: the most important part of your week. And today I
Speaker 1: am in the studio with Jessica Vaughan. She's back in
Speaker 1: the studio with me again. Hey, Jessica, all right, thanks
Speaker 1: for having me. Yeah. I always love here in your perspective.
Speaker 1: And I want to talk about some of these news
Speaker 1: headlines that are happening because every week there is just
Speaker 1: so much going on in the space. And one story
Speaker 1: in particular had caught my eye. I'm not sure if
Speaker 1: you saw it or not, but um, it's a story
Speaker 1: about Kanye West. Did you see this new story about
Speaker 1: Kanye West. Um, everybody wants to know when n f T.
Speaker 1: It's like the hottest thing going right now. N f T,
Speaker 1: n f T n f T. And uh, I think
Speaker 1: it was last week Paris Hilton came out and launched
Speaker 1: some new n f T thing. Did you see that. Yeah,
Speaker 1: I remember how she made her bitcoin insurance and then
Speaker 1: it was all just a segue to n f T hood. Yeah,
Speaker 1: And so like everybody's jumping on the bandwagon. Tom Brady
Speaker 1: came into bitcoin. The next thing, you know, he's got
Speaker 1: an n f T go on, and uh, you know,
Speaker 1: I'm not mad about that. Um. People got collectibles. Um,
Speaker 1: people have been buying baseball cards and stamps and coins forever.
Speaker 1: And if you want to buy a collectible n f T,
Speaker 1: more power to you. You know. UM, I know, uh,
Speaker 1: some of your M M A fans have done some
Speaker 1: n f T s and you've been uh, you know,
Speaker 1: it's been pretty cool. I guess if you want on
Speaker 1: that art. Um, but I saw Kanye West came out
Speaker 1: and he said, quote, my focus is on building real
Speaker 1: products in the real world end quote, which was pretty cool,
Speaker 1: I thought, because you know, basically we have this uh metaverse, metaverse,
Speaker 1: metaverse we have you know, Facebook changed his name to
Speaker 1: the meta and uh, everything's in the meta We've seen
Speaker 1: Adidas and under arm are these big brands are starting
Speaker 1: to build out in the metaverse. Everybody wants to push
Speaker 1: us into this world where we live under virtual reality.
Speaker 1: UM and Kanye as a I think you call him
Speaker 1: easy Oh yeah, yeah, yeah, so he said he put
Speaker 1: this on I think on Twitter or Instagram and here
Speaker 1: here's the full the full thing. He said, UM quote,
Speaker 1: stop asking me to do n f T s. I'm
Speaker 1: not finn a co sign So that I believe that
Speaker 1: was in response to he us um filmed talking to
Speaker 1: a paparazzi basically pitching them on the idea of cooperating
Speaker 1: with celebrities UM as far as using the paparazzi footage
Speaker 1: to sell n f T is because he's like, you
Speaker 1: guys just harass us. Why would we Why don't we
Speaker 1: find a way to be more cooperative? And then he
Speaker 1: said something and about you know, like an n f
Speaker 1: T type of thing. So so a paparazzi was like
Speaker 1: trying to take photos or videos and then said something
Speaker 1: like maybe propositioned them, like, hey, you could turn some
Speaker 1: of this into an n f T or something like that. Well,
Speaker 1: celebrities still want to have a good pr relationships with
Speaker 1: even you know, these people that come and photograph them
Speaker 1: against their will at the airport, that type of things.
Speaker 1: So he's been having He's been recorded having some rather
Speaker 1: interesting types of conversations with people. I don't know if
Speaker 1: you saw the one about Kanye West where um, the
Speaker 1: paparazzi was going to get his his car toad outside
Speaker 1: and so he was trying to tell the partner to
Speaker 1: the the to the to paparazzi. So the other one, hey,
Speaker 1: like he's rolling, why don't you go save his car?
Speaker 1: And but they don't have any cooperative type of elements.
Speaker 1: So he's always like guiding and instructing people in these
Speaker 1: strange situations. Okay, yeah, so thanks for providing that context
Speaker 1: because I didn't know, but I guess it was the
Speaker 1: second part that I that kind of caught my eye,
Speaker 1: and he said, I'm not Finna co sign dot dot
Speaker 1: dot for now. I'm not on that wave. I make
Speaker 1: music and products in the real world, and um, yeah,
Speaker 1: I don't know, it's just uh, I liked it. I
Speaker 1: thought it was refreshing. Um, everyone's trying to make all
Speaker 1: this virtual stuff, but like we still live in the
Speaker 1: real world. It aligns with his usual takes these days,
Speaker 1: which are always quite refreshing for somebody and entertainment. Yeah. So, um,
Speaker 1: I mean, and it's interesting because you know, we see
Speaker 1: all these celebrities who have cashed in on this big time,
Speaker 1: um Justin Bieber as a whole collection of n f
Speaker 1: T s. Um we say, uh, like I said, Paris Hilton, Um,
Speaker 1: even Jimmy Fallon from TV has n f T s
Speaker 1: that he's purchased. Everyone's kind of in his whole board
Speaker 1: ape club, these apes or whatever. And so I guess
Speaker 1: Easy has enough money or ye, I guess he's got
Speaker 1: enough money. He doesn't need to do it. But like
Speaker 1: I said, I thought I was I thought it was
Speaker 1: just cool, just pushing back on this virtual world versus this, um,
Speaker 1: you know, the real world anyway, which of course he
Speaker 1: does is branding. Is all these you know, products like
Speaker 1: shoes and clothing that type of thing. Yeah, yeah, and
Speaker 1: I guess those are the real products in the real world. Yeah,
Speaker 1: And I think that's what a lot of people are
Speaker 1: missing in this where it's like we still need real products,
Speaker 1: Like we still need shoes to wear. And that's cool
Speaker 1: that Nike is gonna make them in the meta and
Speaker 1: you can have virtual ones, but we still need real
Speaker 1: shoes to put on our feet as well well. And
Speaker 1: and Kanye is so profitable, um, through all his endeavors
Speaker 1: that now he can sit back and solve problems that
Speaker 1: he has a personal interest in and ignore the things,
Speaker 1: the money making endeavors that don't really speak to him personally. Uh.
Speaker 1: And that's just a testament to the power of success.
Speaker 1: Now I know you're like a psych major or something
Speaker 1: like that. Yeah, I have an underground in psych, a
Speaker 1: self practicing psych psych major or something like that. Uh.
Speaker 1: And and and easy somebody who you followed. Uh, he
Speaker 1: might be a little crazy, Um this part of his
Speaker 1: kind of psyche. He just like doesn't want to play
Speaker 1: with that kind of stuff. Or do you think he's
Speaker 1: really like trying to do big things, good things? I mean,
Speaker 1: like in his talk about getting into politics and stuff
Speaker 1: like that. I think he'll definitely end up doing the
Speaker 1: n f T he's just saying for right now, that's
Speaker 1: not at all my focus. He did, he did put
Speaker 1: that word in there like for now. Yeah, yeah, of
Speaker 1: course it's because, like I said, that was in response
Speaker 1: to when he was on record, um talking about how
Speaker 1: to update the paparazzi situation. So I think it was
Speaker 1: in response to that, because then people had a bunch
Speaker 1: of questions about n f T s when when he
Speaker 1: said that on you know, and he gets put in
Speaker 1: TNZ or whatever. Yeah. Hum. As a creator yourself, how
Speaker 1: do you think about n f T S. Well, I
Speaker 1: think to a large degree there um inevitable. There's enough
Speaker 1: people that have forced behind it that it's it's going
Speaker 1: to be something that it is a tool of a
Speaker 1: tool that the state would like to see as far
Speaker 1: as pushing people into a digital realm. So n f
Speaker 1: T s are here to stay, I believe. Could you
Speaker 1: just sub out the word n f T for a
Speaker 1: collectible I mean that's what they are, right, I mean,
Speaker 1: it's a whether I buy a stamp or I buy
Speaker 1: a coin. They're both different, but they both represent a
Speaker 1: collectible item. And so now one's a digital, one's a
Speaker 1: paper that has sticky on the back, and one's a
Speaker 1: metal one. And now one's a digital one, but they're
Speaker 1: all three collectible. They're just trying to throw the full
Speaker 1: force of celebrityhood behind um a new domain where people
Speaker 1: aren't going to be putting strain on the physical world
Speaker 1: as far as producing more. How many pairs of shoes
Speaker 1: can you wear it once? How many houses can you
Speaker 1: own and live in? Well, we got so much money
Speaker 1: when also just throw it away and by whatever we can.
Speaker 1: By the way, you're listening to the Mark Moa Show.
Speaker 1: We're talking about bitcoin, cryptocurrencies in the decentralized revolution. We
Speaker 1: are talking about some of the latest breaking news in
Speaker 1: the space. Right now. I'm in the studio with Jessica Vaughan.
Speaker 1: You can find her at Jessica Vaughan. UM. We are
Speaker 1: we're talking about Kanye and his take on n f
Speaker 1: T S. I got more coming up in a second,
Speaker 1: so don't go away, all right, Welcome back. You are
Speaker 1: listening to the Mark Moss Show, and we are talking
Speaker 1: about bitcoin and cryptocurrencies in the decentralized revolution that is happening.
Speaker 1: I'm in the studio with Jessica Vaughan and we are
Speaker 1: talking about some of the latest breaking news of the
Speaker 1: week and before the break, we were talking about what
Speaker 1: Kanye West had to say about n f T S.
Speaker 1: He said he wants to focus on building real world
Speaker 1: products right now now. During the break, I was just
Speaker 1: uh notified by my sound engineer and Jessica that I
Speaker 1: was butchering his name. It's not Yea, it's ye So
Speaker 1: uh now I don't look as old and out of
Speaker 1: loop actually like Kanye's just without the con and then
Speaker 1: in the beginning, all right, yeah, you call me Kanye
Speaker 1: will know, Okay, it's not it's a Kanye got it,
Speaker 1: got it, got it. That's that's how I remember trying
Speaker 1: to I'm trying to correct it and make my sound
Speaker 1: myself even look worse. Jeez. Anyway, um No, something else
Speaker 1: that I saw this week I thought it was pretty
Speaker 1: cool is that bitcoin. A lot of people think that
Speaker 1: bitcoin doesn't have any use case. What's interesting with bitcoin
Speaker 1: is that, um, bitcoin is really good for people on
Speaker 1: the edges, not so much for people in the middle.
Speaker 1: So what do I mean by that? So if you're
Speaker 1: like a billionaire and you want to move major amounts
Speaker 1: of money around, well, bitcoin is really cool because I
Speaker 1: could send a billion dollars or a million dollars or
Speaker 1: a hundred thousand dollars from my bed, in my underwear,
Speaker 1: from my phone and you could have it instantly. So
Speaker 1: if I want to move big amounts of money, if
Speaker 1: I'm like a power user, there's a big use case
Speaker 1: for that. Or if I'm on the the opposite end,
Speaker 1: and let's say that I'm marginalized, I'm in El Salvador,
Speaker 1: I'm in Afghanistan, I'm in Lebanon, where my money is
Speaker 1: basically being I don't know if you saw what happened
Speaker 1: in Lebanon this week. I know you're part Lebanese, but
Speaker 1: basically they just seized everybody's money in the bank and
Speaker 1: they're going to pay them back with a different currency
Speaker 1: that's worth less um and So if you're in one
Speaker 1: of those areas of the market, then having the ability
Speaker 1: to get your money out is also good. But people
Speaker 1: in the middle class, what do they care about bitcoin? Right?
Speaker 1: And so they say bitcoin has no use case. My
Speaker 1: dollars work pretty fine, um and and uh, that's starting
Speaker 1: to change because those people in the middle now are
Speaker 1: trading options on robin hood um and cryptocurrencies. They're starting
Speaker 1: to see it. And then also people are being pushed
Speaker 1: from the middle to the fringes as well. And that's
Speaker 1: the story that has been I talked about it last
Speaker 1: week as well. But this is the trucker convoy that's
Speaker 1: going on in Canada. And so these people, truck drivers
Speaker 1: Middle America, you know, blue collar. Um, most people just
Speaker 1: want to be left alone. Probably right, Um, you're from Kansas,
Speaker 1: you're from Middle America. I'm sure you've seen those truck drivers, right,
Speaker 1: I mean, they're just blue collar workers and uh, they've
Speaker 1: been pushed to the fringe. And so basically in Canada,
Speaker 1: they've been told that they have to comply with mandates
Speaker 1: or lose their jobs, can't feed their family, and they
Speaker 1: went to block the roads and in order to help,
Speaker 1: people have been showing their support and they've been giving
Speaker 1: them money via go fund me. It's been so beautiful
Speaker 1: to watch the support from the free world. Yeah, it's
Speaker 1: been amazing to watch. And they've raised over ten million dollars,
Speaker 1: which is amazing, which in comparison, Trudeau's campaign has raised
Speaker 1: like three million in the first quarter of the year.
Speaker 1: So Trudeau is like, ah, they're a fringe, you know,
Speaker 1: they don't represent Canadians, um, But they have raised that
Speaker 1: ten million dollars is more than every other political party
Speaker 1: in Canada combined, so it's not just a fringe. But
Speaker 1: then the two things happened. One go fund Me has
Speaker 1: now locked up the funds and they won't release them.
Speaker 1: And two um, the state of Ottawa has now as
Speaker 1: now trying to make a move where they could maybe
Speaker 1: seize the money. They're trying to angle where they could
Speaker 1: actually like somehow I don't know, it's an oxymoron to say,
Speaker 1: but legally take the money. I guess, well, if they
Speaker 1: just call it a tax a hundred percent, then then
Speaker 1: the government can do whatever they want with it. Well, know,
Speaker 1: what these people are doing is illegal, and so we'll
Speaker 1: just we'll just yeah, we'll just whatever. They just make
Speaker 1: up some arbitrary thing and it's legal and we take it. Um.
Speaker 1: The reason why I bring that up is because these
Speaker 1: people in the middle middle class are being pushed to
Speaker 1: the fringe. And now there's a use case for bitcoin, right,
Speaker 1: and so it's it's it's for the people on the edge,
Speaker 1: is not the middle, but the middle are being either
Speaker 1: upgrading and becoming power users, or they're being pushed to
Speaker 1: the fringe, which is what happened to these truck drivers. Well,
Speaker 1: and there's such a wealth transfer right now, you know
Speaker 1: COVID response forward till now, So more people are going
Speaker 1: to see the use of bitcoin as they get poorer. Unfortunately. Yeah,
Speaker 1: I mean small businesses are shuttered. If these guys had
Speaker 1: put up a go fund me and collected money in bitcoin,
Speaker 1: then it couldn't have been held, nor could the state
Speaker 1: be threatening to seize that money. Yeah, getting some real
Speaker 1: world education as to why you need bitcoin. Yeah, I
Speaker 1: was talking. I went and spoke at this real estate
Speaker 1: conference I think two weeks ago, a couple of weeks ago,
Speaker 1: and uh, I met some some guy was on a
Speaker 1: panel with and he was older than me. And uh,
Speaker 1: he's like, oh, I know everything. I'm a what do
Speaker 1: you say, I'm a I'm a computer engineer, I know everything,
Speaker 1: blah blah blah. And bitcoin is worthless. All it is
Speaker 1: is used for drug dealers and criminals. There's no use case,
Speaker 1: as we told me. And I say, but doesn't that
Speaker 1: prove the use case a criminal as anyone that the
Speaker 1: government doesn't like, whoever they don't give a license to.
Speaker 1: And uh, there were nothing wrong with driving a truck
Speaker 1: and parking it, but now they don't like where you
Speaker 1: park the truck, and now that's the crime, and so
Speaker 1: now you're a criminal, and now they want to seize
Speaker 1: your money. And now bitcoin has a use case well,
Speaker 1: and the government is making criminals out of everyday people
Speaker 1: more every day, so of course more people should be
Speaker 1: seeing the use case for a bitcoin. Now. To be clear,
Speaker 1: I don't like to align myself with any political party.
Speaker 1: I'm for the party that gives me more freedom and
Speaker 1: less government, whatever that is, whatever that means to you.
Speaker 1: I'm not trying to make this into a political thing.
Speaker 1: But what I do like is that, Um, we vote
Speaker 1: with our money and so that's that's the ultimate vote
Speaker 1: we have. UM. I think after the last presidential election cycle,
Speaker 1: we can see that our vote means little to nothing
Speaker 1: at this point. Um, but making yourself heard still means
Speaker 1: something which the truck drivers have done, but even more
Speaker 1: importantly than making themselves known, because, like I said, as
Speaker 1: Trudeau is like, oh, they don't represent Canadians, they represent
Speaker 1: a fringe. How do we know. How do we know
Speaker 1: if that's true or not? How do we know if
Speaker 1: not more Canadians? Are they going to run poll? Are
Speaker 1: they going to go vote? No? But they did. They
Speaker 1: raised money, and they raised three dollars to everyone that
Speaker 1: Trudeau raised. Isn't that beautiful? How do they deny that?
Speaker 1: If the mainstream media doesn't want to cover it, that's fine,
Speaker 1: we'll cover it. Yeah, And so I just how do
Speaker 1: the people get hurt? How is the voice of the
Speaker 1: people to be known? Um? If we don't have a
Speaker 1: free and fair election, if mainstream media doesn't give us
Speaker 1: free information, how do we know? Well, we know through
Speaker 1: a free market. And now these people can vote with
Speaker 1: their dollars. Well, they voted with their dollars, and how
Speaker 1: those dollars are going to be stolen? I really hope
Speaker 1: that gets resolved in a favorable way. Yeah, I do too,
Speaker 1: And hopefully if enough people like us are talking about it,
Speaker 1: that brings enough attention and pressure onto um go fund
Speaker 1: me and maybe able to do the right thing there.
Speaker 1: But my point is is that going to the polls
Speaker 1: and voting doesn't matter. Trudeau says they're a fringe. We
Speaker 1: don't know, Um, that's what he says. I don't know
Speaker 1: how he is that he doesn't. Obviously, no one's going
Speaker 1: to run in a poll door to door finding out.
Speaker 1: But what we do know is that three to one.
Speaker 1: They've outraised him. They voted with their money, but they
Speaker 1: voted with the wrong money, right, they voted with the
Speaker 1: wrong money. So now they can vote with bitcoin. They should.
Speaker 1: And actually I've seen some bitcoin um funds have been started. Um,
Speaker 1: two of my really good friends, Greg Fosse and Jeff
Speaker 1: Booth have started up a bitcoin fund that's on a
Speaker 1: multi signature setup, which means, um, three people have keys,
Speaker 1: so not one person could you know, run away with
Speaker 1: the money or anything like that. Um, they're good Canadian dudes. UM.
Speaker 1: You're listening to the markma Show and we're talking about
Speaker 1: some of the latest breaking news in the bitcoin space
Speaker 1: that's going on right now. UM, trying to help you,
Speaker 1: you know, trying to bring some context into what's going
Speaker 1: on in this world today and trying to show you
Speaker 1: how bitcoin can fix this. Which is kind of a joke,
Speaker 1: but it's actually kind of true. I'm in the studio
Speaker 1: with Jessica Van discussing these some really big stories coming
Speaker 1: back stick around, don't go away, all right, welcome back.
Speaker 1: You are listening to the Mark Mos Show, and we're
Speaker 1: talking about bitcoin and cryptocurrencies in the decentralized Revolution. That's
Speaker 1: happening right now. I'm bringing you the latest breaking news,
Speaker 1: so you're up to date, up to the minute date,
Speaker 1: you know. I want you to understand the play by
Speaker 1: play so you don't get faked out of these markets.
Speaker 1: And I also want to make you seem really smart
Speaker 1: when you go to that party over the weekend and
Speaker 1: you know everything that's going on. I'm in the studio
Speaker 1: with Jessica Van Uh and we are discussing some of
Speaker 1: these news headlines and Uh. During the break, they're still
Speaker 1: giving me a hard time because I don't know who
Speaker 1: Kanye West is or what is abbreviation his name is.
Speaker 1: It's it's yea, not ye Sorry about that, um, but
Speaker 1: they said, hey, that's a good thing because you probably
Speaker 1: don't want to get your financial advice from somebody who
Speaker 1: um knows how to pronounce his name. So I'm gonna
Speaker 1: go with that. That makes me feel better, you know
Speaker 1: the real answer is that, um man, I've always been
Speaker 1: into music, like big time. I love music, um, But
Speaker 1: over the over the last several years, it's like I
Speaker 1: just listen to my podcast now, like podcasts and audiobooks.
Speaker 1: Remember as a kid driving around with my parents and
Speaker 1: my dad always listened to talk radio, and I hated it.
Speaker 1: It's like so boring. Yeah, I remember as a kid
Speaker 1: to all the am talk radio and all the white noise.
Speaker 1: Yeah yeah, I hated the talk radio. It's just so boring.
Speaker 1: And now here I am, uh doing talk radio. Everybody
Speaker 1: grows up. Now now I'm doing talk radio. But hopefully
Speaker 1: I'm not so bored. I'm trying to make it an
Speaker 1: interesting even if I don't know who how to pronounce you. Ah.
Speaker 1: But but back to uh, bitcoin and cryptocurrencies. You know, uh,
Speaker 1: if you're new, I can see it's a little depressing.
Speaker 1: The price of bitcoin and cryptocurrencies are down, big, down,
Speaker 1: big time. As a matter of fact, the peak was
Speaker 1: about November of last year. Bitcoin reached a high of
Speaker 1: sixty nine thousand dollars, and I think at that at
Speaker 1: this time, it's somewhere in the high thirties range, thirty
Speaker 1: seven thirty eight ish or something like that. It's down
Speaker 1: about most of the other big cryptocurrencies are down as
Speaker 1: much as it seems like a blood bath. Um. But
Speaker 1: you know, I wanted to just kind of bring a
Speaker 1: little bit of perspective into that. Um. I saw that
Speaker 1: according to Candice Browne and head of Global Research at
Speaker 1: Bank of America Securities. The number of executives mentioning crypto
Speaker 1: in earnings calls this quarter rose from seventeen to about
Speaker 1: a hundred and forty seven in the most recent quarter.
Speaker 1: So that's the number of executives mentioning crypto in their
Speaker 1: earnings calls went from seventeen to a hundred and forty seven.
Speaker 1: So remember I talked about with new technologies the prices
Speaker 1: of distraction. We want to look at the network growing,
Speaker 1: are more people using it? And uh, Jessica, as we
Speaker 1: talked about with the truckers, right, I mean there's a
Speaker 1: big use case. We can see more people using it. Um,
Speaker 1: that's pretty cool. And then we see here with this
Speaker 1: we went from seventeen executives to a hundred and forty seven,
Speaker 1: which was pretty amazing. UM. And then if we look
Speaker 1: at just a couple of things, just in the first
Speaker 1: quarter of this year of I'm sorry, in the first
Speaker 1: month of two, we saw I'm not even gonna read
Speaker 1: all these off I have a whole list here, but
Speaker 1: Digital Assets raised five fifty million. Lennon based venture capital
Speaker 1: firm Blossom four million, crypto exchange f t x rays
Speaker 1: four million. Hong Kong. Metaverse startup raised three sixty million.
Speaker 1: N f T Marketplace open ce raised, Privacy Focus Blockchain
Speaker 1: hundred seventy five million, two hund million, hundred seventy million,
Speaker 1: D fifty million, hundred ninety million, UM and on and
Speaker 1: on and on. Just the top twelve raised over a
Speaker 1: hundred million each in just one month. That's on top
Speaker 1: of fifty other announcements that had funding in January alone. So, um,
Speaker 1: I love that crypto is where we took our liquidity infusions.
Speaker 1: I think I think that that was just a beautiful
Speaker 1: thing to see. So I'm sure that's just some market correction. Yeah.
Speaker 1: I mean if you look at um, if you look
Speaker 1: at the Nasdaq, which is most of the tech stocks,
Speaker 1: about half of the NAZAC is down, more than fifty
Speaker 1: Meta got nailed old super hard. Their prices down. Netflix
Speaker 1: is down, Spotify is down. I don't think it's because
Speaker 1: of Joe Rogan. I think it Spotify is down just
Speaker 1: because all that all that is down at the same time. Um,
Speaker 1: doesn't that always happen in the spring? Is that a
Speaker 1: little early, isn't it March? Well, Um, it's it's more
Speaker 1: because the Federal Reserve is screwing with the markets right there,
Speaker 1: threatening to suck all this money out and raise rates
Speaker 1: on everybody, which they started in November they said that
Speaker 1: they were going to do that, and not coincidentally, that
Speaker 1: was the hot high we saw on cryptocurrencies as well. Um,
Speaker 1: but yeah, to your point, right, like you see liquidity
Speaker 1: leaving the traditional stock markets, but look how much went
Speaker 1: in to the crypto marketplace and just the first month.
Speaker 1: Well it's a set up for the leading logic that yes,
Speaker 1: of course we want the FED to print more money. Yeah,
Speaker 1: are we going to take that bait? Well, we do
Speaker 1: want the Fed to print more money. So I you know,
Speaker 1: as after two tho, after getting my butt kicked, Um,
Speaker 1: I realized I was really good at making money, but
Speaker 1: I didn't know what this whole financial world is about.
Speaker 1: And so howd just been the last twelve years figuring
Speaker 1: that out? And I became this gold bug and I'm like, no, like,
Speaker 1: all this money printing is what's ruining the economy. They
Speaker 1: can't just keep printing money. And like every time they
Speaker 1: want to print more money, it's like, no, stop, you
Speaker 1: can't do it. You don't know how bad things are
Speaker 1: gonna get I'm at the point now, or I'm just
Speaker 1: like just bring it. I'll shure in bigcoin faster. Yeah,
Speaker 1: Like why why stop at one trillion? Can we just
Speaker 1: print five? How about that? Right? Actually, as a matter
Speaker 1: of fact, talking about printing money. So in two um
Speaker 1: the it was the g f C, the Great Financial Crash.
Speaker 1: The entire global financial system was crashing at the same time,
Speaker 1: and the FED had to step in and save the day.
Speaker 1: With seven hundred billion they saved The entire global finance
Speaker 1: system was seven and it was like, oh my gosh,
Speaker 1: that's so much money. Now they're thrown around trillions like
Speaker 1: it's nothing, right, So it was seven hundre billion plus
Speaker 1: there's ane other seven hundred bion and about one point
Speaker 1: five trillion dollars is what was on the books. Well,
Speaker 1: in America, it's still the land of the free kind
Speaker 1: of And uh, there's something known as a Freedom of
Speaker 1: Information Act, the FOI Request f A I A and
Speaker 1: so we as a journalist or whatever, we have the
Speaker 1: right to request information. And they've been trying to get
Speaker 1: information from the FED to find out. The length of
Speaker 1: time that they've been able to to stall is remarkable.
Speaker 1: If you can put ten years pauses on information. Your
Speaker 1: information isn't free exactly exactly. So, Um, they put this
Speaker 1: request into the FED to get the information for what
Speaker 1: happened after two and the FED tried to block it
Speaker 1: to your point, tried to stall out kind of like
Speaker 1: what the FDA or what fights are is doing? Right
Speaker 1: now we have to wait what seventy five years to
Speaker 1: get information on the efficacy of the vaccines. Um. So
Speaker 1: much freedom, which is a whole another subject, but um,
Speaker 1: same point though, right, so we have to wait seventy
Speaker 1: five years. I don't know if it's fifty years now
Speaker 1: or whatever, somewhere fifty years like what like we're taking
Speaker 1: this now, like we need the information now seven five
Speaker 1: years anyway. Um, So they FED fought it, fought it,
Speaker 1: fought it, fought it. They pushed it out twelve years,
Speaker 1: this data, and it finally got released. Finally it released.
Speaker 1: It's called the Levy Economics Institute of Barred College put
Speaker 1: it out and it's a detailed look at the fed's
Speaker 1: bailout of the financial system. Um. So, okay, this is
Speaker 1: from two thousand seven to two thousand nine. So what
Speaker 1: they told us, Jessica, is that they were going to
Speaker 1: bail out the banks with seven hundred billion plus another
Speaker 1: seven or about one point five trillion. That's what we're told.
Speaker 1: Twelve years later, the FOIA finally comes out. It wasn't
Speaker 1: one point five trillion. Do you have any idea how
Speaker 1: much it was? Did you have you heard this story already?
Speaker 1: H It was a mind boggling number. That was just
Speaker 1: take a guess how much? Take a guess? Thirty trillion? Wow,
Speaker 1: money is so imaginary to these people. They never planned
Speaker 1: to pay back any of their debts. But what bothered
Speaker 1: me most about that story was didn't the money go
Speaker 1: to some other outside of America, some other countries? Oh yeah, yeah, yeah, yeah,
Speaker 1: that was totally information. Yeah, billions and billions of dollars
Speaker 1: went to other countries to bail them out as well.
Speaker 1: We bailed out, you know, China, We build out most
Speaker 1: of the European countries. They call it swap lines um,
Speaker 1: So they swap out the bad debt for good debt
Speaker 1: thirty trillion dollars, which is insane. Now we only know
Speaker 1: about that twelve years later because of the Freedom of
Speaker 1: Information Act. Now we think that the federal debt went
Speaker 1: up by only a few trillion. So where did this
Speaker 1: thirty trillion come from and where did it go? Like,
Speaker 1: we don't know, we didn't know accountability with our money. Yeah,
Speaker 1: we saw that the federal debt. So if you look
Speaker 1: at the debt that the that the government shows we
Speaker 1: went from twenty trillion dollars of debt government debt in
Speaker 1: seventeen two. We just surpassed thirty trillion this week. So
Speaker 1: from twenty to thirty in three years or four years.
Speaker 1: But that's that's only that's the only part of the story,
Speaker 1: because here's thirty trillion they spent from two thousand nine
Speaker 1: and two years. Anyway, it's insane. You listen to the
Speaker 1: markmas Show. We're talking about bitcoin, We're talking about the
Speaker 1: decentralist revolution. We are talking about the latest breaking news
Speaker 1: that's going on to keep you up to date. We're
Speaker 1: just talking about the amount of money that the Fed
Speaker 1: has printed that we just found out about this week
Speaker 1: after twelve years of trying to get that information out
Speaker 1: of them. Um again, they're listening to the Mark ma Show.
Speaker 1: I'm in the studio with Jessica Vaughan talking about the
Speaker 1: latest breaking news. I got some other big stories. I'm
Speaker 1: saving the best for last. Um, you don't want to
Speaker 1: miss this. You don't want to be in the dark,
Speaker 1: so don't go away. Hey everyone, welcome back. You are
Speaker 1: listening to the Mark ma Show, and we are talking
Speaker 1: about bitcoin. We're talking about cryptocurrencies. We're talking about the
Speaker 1: decentralized revolution that is happening right now, and right now
Speaker 1: I'm talking about the latest breaking news that's happening, the
Speaker 1: latest breaking news of the week, so you can be
Speaker 1: up to date. Now. I tell you all the time
Speaker 1: that the price is the least important thing to be
Speaker 1: looking at. It's a distraction. What you should be looking
Speaker 1: at is the the number of users on the network
Speaker 1: and the development that's happening on the network. And so
Speaker 1: those are things that I like to focus on each week. Um.
Speaker 1: And as long as those things are tracking forward, then
Speaker 1: you know we're going in the right direction. So talking
Speaker 1: about those two things, I see a couple of things
Speaker 1: happening this week. UM. I don't know if you saw this, Jessica,
Speaker 1: but we saw one. Um. There's a few guys trying
Speaker 1: to run for Governor Abbott's job in Texas as the
Speaker 1: governor and uh, they're running on like a pro bitcoin platform.
Speaker 1: I love to see it. Yeah, Alan West, I think
Speaker 1: is one of them. Lieutenant I think is Lieutenant Allen West.
Speaker 1: I forget the other guy's name. And they're running on
Speaker 1: like this pro bitcoin platform. As a matter of fact,
Speaker 1: what they're saying is they want to make bitcoin a
Speaker 1: legal tender in the state of Texas. Well, it is
Speaker 1: a United nation all its own, so or at least
Speaker 1: they are going with the DNA of Texas as an
Speaker 1: independent place. So I love that. And then we saw
Speaker 1: in Arizona the same thing. They actually, I think already
Speaker 1: wrote the bill to make bitcoin a legal tender in
Speaker 1: the state of Arizona. I was so surprised that Arizona
Speaker 1: came out of nowhere. And they must have been watching
Speaker 1: all the conversational support that UM bitcoin has been giving to,
Speaker 1: you know, Texas and and UM Florida. Well I figured
Speaker 1: it would be one of them first. Well, growing up
Speaker 1: in southern California, I've spent a lot of time in Arizona,
Speaker 1: and they're their their freedom loving, gun toting, steak eating
Speaker 1: people in Arizona. UM. After that the last election, it
Speaker 1: was an interesting way for that state to go, wasn't it. Yeah.
Speaker 1: Shout out to Megan McCain for that one. Yeah, but
Speaker 1: you know, there's a lot of freedom lovers there, so
Speaker 1: it wasn't a big surprise to me to see Arizona
Speaker 1: come out with that. Um. You know, maybe it would
Speaker 1: have been like Wyoming first or whatever. But anyway, so
Speaker 1: we saw that, so Texas has kind of put this bill. Um,
Speaker 1: then we saw Arizona. Now I've seen a lot of
Speaker 1: people are also starting to jump on the bandwagon, but
Speaker 1: I think they're just cloud chasers. So there was another
Speaker 1: uh lady, I forget her name, and she's talking about
Speaker 1: bitcoin and uh she's then she posted, oh, I've had
Speaker 1: a ten thousand new followers, uh since I on Twitter,
Speaker 1: since I started talking about bitcoin. Next thing, you know,
Speaker 1: she's talking about uh she mentioned she and then she
Speaker 1: mentioned like ethereum and then like so used using the
Speaker 1: bitcoin as like a platform, and then and then kind
Speaker 1: of bait and switching people. But the point that I
Speaker 1: was looking at is that we saw that this week
Speaker 1: that you know, this this governor race for Texas is
Speaker 1: ramping up, and these people are talking about really running
Speaker 1: on a bitcoin platform and using bitcoin is legal tender
Speaker 1: um Arizona as well. But at the same time, the
Speaker 1: federal level, good old, good old, the old Brandon administration
Speaker 1: is trying to put an executive order that gives the
Speaker 1: White House huge power and oversight over the cryptocurrency industry.
Speaker 1: Um and not just from that now. We don't know
Speaker 1: what this executive order is at this point. Um. He's
Speaker 1: just put an executive order in place that says that
Speaker 1: he's going to have all this power to do all
Speaker 1: these things, but we don't even know what it is yet. Um.
Speaker 1: The order would include the Treasury Department, the Commerce, UM Department,
Speaker 1: National Science Foundation, and National Security agencies. It says the
Speaker 1: government may expand its efforts to study and regulate the
Speaker 1: two trillion dollar digital asset sector. UM. And so they're
Speaker 1: doing that, and at the same time, the Treasury Department
Speaker 1: is also trying to get a bill through which, as
Speaker 1: it says here, would hand Treasury blank check to ban
Speaker 1: crypto at exchanges. The provision is in the quote unquote
Speaker 1: America Competes Act. You know, they got it. It's like
Speaker 1: the Saving Puppies Act. Nobody's against saving puppies, of course, right, somebody,
Speaker 1: nobody would have a problem with the Patriot Act. I mean,
Speaker 1: aren't you all patriots, right, right? I mean, you're a
Speaker 1: patriot Act, right, never mind that we lost more freedoms
Speaker 1: in that patriarch than any other time in history. Um,
Speaker 1: if they would have called it a Loss of Freedom Act,
Speaker 1: they probably wouldn't have got as many people supporting. And
Speaker 1: I'm guessing there's no truth in advertising. Well, basically you
Speaker 1: countertrade it. It's kind of like every time Peter if
Speaker 1: talks about bitcoin bad, you just buy a bitcoin and uh, actually, uh,
Speaker 1: Jim Kramer, man, he has been getting hammered. Someone put
Speaker 1: out like all the calls he's made on like an
Speaker 1: MSNBC or whatever US. I'm sorry if that's throwing network,
Speaker 1: but man, he's had You could have just count of
Speaker 1: traded him to do really well. But it's kind of
Speaker 1: like that. So um yeah, they're calling this the America
Speaker 1: Competes Act and they're sticking all these things in there,
Speaker 1: and uh, basically, this little clause they're putting in this
Speaker 1: American Competes Act of two UM basically gives the Treasury
Speaker 1: an unlimited ability to um basically prohibit any kind of
Speaker 1: transaction it deems a concern it deems without any public
Speaker 1: notice or input. Now we have bills that have been
Speaker 1: put in place. Laws have been put in place, like
Speaker 1: the Bank Secrecy Act that guarantee US privacy, and this
Speaker 1: completely goes against any of them. And it's a blank check.
Speaker 1: But what's interesting about this is at the same time
Speaker 1: as the White House is going to put an executive
Speaker 1: order in place that gives them this massive power we
Speaker 1: don't even know what it is, and the Treasury is
Speaker 1: also doing this, we have states that are trying to
Speaker 1: make it legal. Tender. That's that's kind of a setting
Speaker 1: up a fight. Well, I mean the entire Balkanization. I mean,
Speaker 1: we're just watching it, watching it happen. I mean, when
Speaker 1: the federal government is telling states just disregard, you know,
Speaker 1: Supreme Court rulings that they don't like, what are we
Speaker 1: gonna do other than just exercise federalism to a which
Speaker 1: deeper degree. Know, the Balconization is something that you know,
Speaker 1: I've been talking a lot about and um, it's it's
Speaker 1: definitely happening, right so um, and it's been happening for
Speaker 1: a long time. So in the state of California, for example,
Speaker 1: it's like a sanctuary state. So basically, um, the state
Speaker 1: has decided that it will not uh enforced a federal
Speaker 1: guidelines on immigration. Right, So nope, we don't care what
Speaker 1: the federal laws are. We're not going to do it.
Speaker 1: As a matter of fact, we're going to go directly
Speaker 1: against it. Well, of course that's our history with legalizing
Speaker 1: marijuana in the state. And sure, and my suspicion is
Speaker 1: that this continues to get, uh grow more and more
Speaker 1: and more, you know, and I think we'll probably start
Speaker 1: to see this almost tipped for tat where a blues
Speaker 1: like so So Texas did like that abortion law where
Speaker 1: they said, hey, we're gonna find anybody who gets an abortion,
Speaker 1: and then we'll see a blue state go okay, then
Speaker 1: we'll find anybody who has a gun, right and then
Speaker 1: and and it's definitely just so that they are driving
Speaker 1: people out of these places where they want to have
Speaker 1: complete in um, you know, unchallenged political control. Yeah, it's
Speaker 1: like a new type of gerrymandering, but ideological. Yeah, it's interesting. Well,
Speaker 1: what happens is at the at the end, when things
Speaker 1: start changing, you get a lot of faltilities. So in
Speaker 1: the financial market, mostly a financial analyst most of my channels,
Speaker 1: and uh, whenever you get the price runs up hig high, high, higher,
Speaker 1: it goes in like this parabolic run before it like
Speaker 1: has a low off top and it crashes and at
Speaker 1: the top it gets very volatile. It goes up and down,
Speaker 1: up and down, and that's kind of what we're seeing.
Speaker 1: We're in this blowoff top and uh, it's becoming very volatile.
Speaker 1: And I'm suspecting that we're going to see more the
Speaker 1: states fighting against the Federal Reserve. And I think it
Speaker 1: really started back, maybe started sooner, but in the last
Speaker 1: election cycle, we saw a lot of challenges go to
Speaker 1: the Supreme Court. Supreme courtse I, no, that's up to
Speaker 1: the states, and now we're going to deal with that UM.
Speaker 1: And now we're starting to see that more and more.
Speaker 1: We saw I don't know half a dozen half of
Speaker 1: the United States, I think, like filed lawsuits against the
Speaker 1: Fed on like mandates that they put into place, if
Speaker 1: you remember that UM. And now while the White House
Speaker 1: executive orders and the Treasury trying to ramp up regulations
Speaker 1: on cryptocurrencies, we have Arizona and Texas saying no, we're
Speaker 1: gonna make it legal tender. So interesting. I don't know
Speaker 1: what's gonna happen, but it's it's interesting, and we're gonna
Speaker 1: be updating on this all the time. Now, in my opinion,
Speaker 1: it's awesome. I love to see this. Well, it's awesome
Speaker 1: if you're a portable person who hasn't anchored somewhere on
Speaker 1: your family farm, because then you can just move where
Speaker 1: it is that you belong. Yeah, I mean that's true. Uh,
Speaker 1: it is unfortunate for people that don't have that ability
Speaker 1: if there are a tree and they can't move, but
Speaker 1: most people, most people aren't trees well, and I feel
Speaker 1: so bad for people can't afford to move. I mean, now,
Speaker 1: if you live on a farm, then you're probably not
Speaker 1: affected by any of this, So you're probably okay if
Speaker 1: you're on a farm. But other than that, yeah, it is.
Speaker 1: It is unfortunate, and unfortunately, the poor people are the
Speaker 1: ones who suffer the most through these things. They're the
Speaker 1: ones that feel the effects of inflation the most. But
Speaker 1: in my opinion, through my research, my thesis is that
Speaker 1: what breaks this trend of going to authoritarianism is competition,
Speaker 1: and we need the states to be able to compete.
Speaker 1: We can't have all this federalism. We need the states
Speaker 1: to be able to compete and then we can truly
Speaker 1: vote with our feet and our money. Now you're listening
Speaker 1: to the markmas Show, we're talking about bitcoin, We're talking
Speaker 1: about this decentralized revolution that's happening right now, and I'm
Speaker 1: showing you how it's playing out in real time with
Speaker 1: the federal governments trying to crack down, the eights trying
Speaker 1: to exert their power and their rights, and uh, I'll
Speaker 1: keep you up to date. Thanks for listening to The
Speaker 1: Mark Mars Show.