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Speaker 1: Hello, and welcome back to another episode of the Mark

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Speaker 1: Moa Show where we talk about the decentralized revolution, the

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Speaker 1: way the world is changing, radically changing right before very eyes,

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Speaker 1: you know, for good and for better. We're moving from

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Speaker 1: a world of moving towards globalization and centralization to a

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Speaker 1: world of decentralization, from one global super power to multipolar world,

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Speaker 1: one global reserve asset to multi global reserve assets. And

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Speaker 1: we're witnessing this all in real time. And there's winners,

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Speaker 1: there's losers. There's something good, there's some bad, and um,

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Speaker 1: you can like it or hate it, but it's happening now.

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Speaker 1: Some of the good Zoe, in my opinion, are that

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Speaker 1: I believe in individual is um, I believe in individual rights,

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Speaker 1: and I believe that my life should be my life

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Speaker 1: to make decisions as I see fit, not for some

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Speaker 1: guy in another country that I don't even know, to

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Speaker 1: decide what is best for me here. Over the last

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Speaker 1: couple of days, I've been watching this docu series on

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Speaker 1: Netflix called How to Become a Tyrant. I think it is.

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Speaker 1: It's pretty cool, and it kind of looks at it

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Speaker 1: looks at the known tyrants of our kind of more

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Speaker 1: common time which is uh. Really it was a stalin

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Speaker 1: maw Um Hitler of course, um momarket Afi uh Saddam

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Speaker 1: Hussein and I kind of talked about them, and it

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Speaker 1: talked about you know, these were dictators. So these were

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Speaker 1: very extreme examples of this. But how these dictators basically

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Speaker 1: want to rule their whole country and like whatever they

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Speaker 1: thought just had to be done, and so like you know,

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Speaker 1: they didn't like uh, for example, one of the one

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Speaker 1: of them didn't like dogs, so in the capital city

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Speaker 1: that you weren't allowed to have dogs. That was it, right?

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Speaker 1: And that's just one example, I mean, the most absurd things.

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Speaker 1: But what happens is is that um oh, another one

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Speaker 1: I think it was Kadafi said, we we need to

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Speaker 1: be we need to be we need to be self sufficient.

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Speaker 1: We can't rely to the countries, and so we want

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Speaker 1: every citizen now has to raise chickens. We can't buy

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Speaker 1: chickens anymore. We have to raise chickens. Everyone has to

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Speaker 1: have chickens. And it's like, do people even know how

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Speaker 1: to raise chickens? They have room to raise chickens, and

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Speaker 1: then what are all the unintended consequences of trying to

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Speaker 1: everyone happened to chicken. Have you thought about that? And

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Speaker 1: so it's like, no, they haven't, and and and basically

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Speaker 1: highlights that one person or one group of people just

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Speaker 1: cannot have the information necessary to run society for all

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Speaker 1: these people that they don't know. These are complex systems.

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Speaker 1: And so I, for one, am not for these giants

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Speaker 1: centralized complex systems. They've improven time and time and time

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Speaker 1: and time again to be fragile and to fail and

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Speaker 1: to cause massive hardships and pain. Every one of these

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Speaker 1: tyrant situations that I've just kind of walked through real

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Speaker 1: quickly have led to massive devastation and loss, massive loss

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Speaker 1: of human life and so forth. Um, you know, through

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Speaker 1: through what happened in Russia, through Hitler and and through

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Speaker 1: mouths greatly forward, it's led to over a hundred million

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Speaker 1: people just starving to death alone, not even including all

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Speaker 1: the people that they killed on purpose, but just the

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Speaker 1: starvation because you can't manage to that level. Um, and

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Speaker 1: that's what happens. And so um we have been moving

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Speaker 1: on this fast, fast tracked path towards centralization, and that

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Speaker 1: is changing rapidly on a right on cue on on

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Speaker 1: a tune in to your time frame that it happens,

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Speaker 1: and so I like to look at some of the

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Speaker 1: signposts and we can see how this is happening right

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Speaker 1: before our very eyes. One of the things I've been

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Speaker 1: talking about over the last several weeks that it's been

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Speaker 1: encouraging for me is to see UM the largest asset

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Speaker 1: manager in the world. UM Evil Inc. Will call them

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Speaker 1: one of the most evil companies who have basically taken

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Speaker 1: your money and weaponize it against you. And if you

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Speaker 1: don't know who I'm talking about, I'm talking about black Rock.

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Speaker 1: Black Rock is the largest asset manager and they have

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Speaker 1: taken your money. So if you look at publican traded companies,

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Speaker 1: so go to you know, NaSTA five hundred, look at

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Speaker 1: these publican trader companies and just go look at who

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Speaker 1: owns all these companies, and who owns almost every publican

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Speaker 1: traded company is black Rock, Vanguard, and State Street. Black

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Speaker 1: Rock being the largest one, owns almost all these companies.

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Speaker 1: And how do they own all these companies? Where do

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Speaker 1: they get all this money? It was ten trillion dollars

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Speaker 1: now it's down to about eight trillion dollars. They've lost

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Speaker 1: a lot. Um. Where do they get all this money? Well,

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Speaker 1: it's your money. It's your pensions, is your four O

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Speaker 1: on case, and then they take this money and then

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Speaker 1: they use it to push things that you don't want.

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Speaker 1: I've been talking about this quite a bit. The reason

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Speaker 1: why I've been talking about quite a bit is one

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Speaker 1: stopped giving them your money. You can easily learn to

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Speaker 1: manage your money on your own rather than giving it

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Speaker 1: to somebody who wants to use it against your best

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Speaker 1: interests UM. That's step one. Or you can give it

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Speaker 1: to other companies who might not hate you quite as much. UM.

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Speaker 1: And so we're seeing massive pushback on Black Rock and

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Speaker 1: their number one UM ideology that they've been pushing, which

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Speaker 1: is e s G Environmental Social governance. And so we've

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Speaker 1: been seeing massive pushback. We saw multiple states, one after

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Speaker 1: another after another, pulled their money or divested their money,

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Speaker 1: taking it back from black Rock and said, because of

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Speaker 1: your E s G mandates, we're doing this UM. Then

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Speaker 1: we saw nineteen Republican led states have filed lawsuits against

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Speaker 1: black Rock and other banks UM for harming their states,

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Speaker 1: harming their people, harming UH or or damaging what's called

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Speaker 1: the fidciary duty to make them the most money. And

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Speaker 1: now we can see that black Rock is facing even

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Speaker 1: more blowback over e s G as the GOP pressure mounts.

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Speaker 1: So now that the GOP pressure is building, now that

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Speaker 1: we've gone through the mid terms, um, there's a lot

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Speaker 1: of pressure building about black Rocket, says. It's been a

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Speaker 1: tough couple of weeks for black Rock, the world's largest

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Speaker 1: money manager, which endured fresh blows from Republican officials sharply

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Speaker 1: critical of e s G. Texas said one of its

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Speaker 1: Senate one of its Senate committees had issued a subpoena

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Speaker 1: requesting documents about black Rocks environmental social governance e s

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Speaker 1: G practices and asked for at least one of six executives,

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Speaker 1: including the CEO, Larry Fink, to attend a December hearing.

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Speaker 1: On the same day, Vanguard Group, one of black Rock's

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Speaker 1: main rivals, withdrew from the world's largest climate finance coalition,

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Speaker 1: creating a potential selling point to anti e s G clients.

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Speaker 1: M hm, So you see what's happening there. So remember

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Speaker 1: I told you there's three companies that own basically all

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Speaker 1: the public treated companies, black Rock, Vanguard, and State Street.

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Speaker 1: Black Rock is pushing this e s G narrative pedal

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Speaker 1: to the Metal working against the best centers of their people,

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Speaker 1: and so now they're getting pushed back on this. People

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Speaker 1: are taking their money away. Republican law makers are subpoena

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Speaker 1: and then bringing them into court. And on the same

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Speaker 1: day that uh, that black Rock CEO Larry Fink was

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Speaker 1: called to attend to hearing, Vanguard, the second biggest one,

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Speaker 1: the main rival black Rock said, you know what, we're done.

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Speaker 1: We're out. We're out of this uh what they call

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Speaker 1: Climate Finance coalition. We're out of this E s G.

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Speaker 1: UH last week it said it would pull about two

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Speaker 1: billion from black Rock because of its E s G

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Speaker 1: and or Florida so I would pull two billion from

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Speaker 1: black Rock because of its E s G investments, and

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Speaker 1: governor around to Santa's administration is urging the manager of

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Speaker 1: its pension to remove black Rock as an asset manager.

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Speaker 1: And so we're seeing this go down. The battle of

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Speaker 1: sustainable investing comes as the ten largest E s G

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Speaker 1: funds by assets have posted double digit losses this year,

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Speaker 1: some even more than the SMP five hundreds decline. Black

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Speaker 1: Rocks billion I shares E s G aware et F

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Speaker 1: is down, about Vanguards was down, and so they're hitting

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Speaker 1: him where it counts, where the money counts, it says, um, Yeah.

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Speaker 1: Black Rock has been a political target among Republicans. At

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Speaker 1: the same time, the firm has emphasized that it continues

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Speaker 1: to manage fossil fuel investments. So now they're going out

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Speaker 1: on this pr campaign saying wait a minute, wait a minute,

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Speaker 1: We're not as bad as as as you think we are.

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Speaker 1: We're not as evil as we think we are. And

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Speaker 1: so this is what I'm encouraged by. And this is

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Speaker 1: what I continue to highlight these stories, and I will

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Speaker 1: continue to do this because we're winning. This is how

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Speaker 1: we win. We vote with our money. Most people just

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Speaker 1: haven't really taken the time to think about this, like

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Speaker 1: what are the things that you care about, what are

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Speaker 1: the things that you want, and then support those things.

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Speaker 1: And this is why companies working for profits is really

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Speaker 1: the best goal. If I care about companies that give

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Speaker 1: back to my community, then I'm going to spend my

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Speaker 1: money with those companies. And a company that wants to

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Speaker 1: get ahead in my community is going to donate money

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Speaker 1: to get ahead. They're going to fund the schools, they're

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Speaker 1: going to fund the parks. Why would they give that

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Speaker 1: money up? Will they do it in order to get

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Speaker 1: more business from people like you and I who care

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Speaker 1: about those things. If you're just tuning in and listen

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Speaker 1: to the Mark Moa Show, we're talking about the decentralized revolution,

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Speaker 1: the way the world is changing right before our very eyes.

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Speaker 1: I got a couple more stories to cover, some big

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Speaker 1: breaking stuff. You don't want to miss it. Don't go away.

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Speaker 1: I wanna be right back, all right, welcome back. If

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Speaker 1: you just tune in, you're listening to the Mark Moss Show,

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Speaker 1: We're talking about the decentralized revolution, the way that the

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Speaker 1: world is changing from a globalized globalist, centrally controlled world

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Speaker 1: to a decentralized world, back to individual rights and freedoms.

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Speaker 1: And I was talking about before the break, uh again,

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Speaker 1: talking about again how I've been. I've been bringing up

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Speaker 1: as much as I can this this pushback that we

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Speaker 1: have to this globalist agenda. Now I know that by

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Speaker 1: the goal is for you to own nothing to be happy.

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Speaker 1: I know that's become somewhat of a meme these days,

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Speaker 1: but it's true. It's on their website. This this didn't

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Speaker 1: start from nowhere, all right, And it didn't start at

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Speaker 1: the WF either. The u N started the Sustainable Development Goals.

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Speaker 1: Decades ago they started with an agenda, and now they

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Speaker 1: have an agenda. This isn't conspiracy. This is their planet's

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Speaker 1: their goal. They have it written down, all right. And

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Speaker 1: there's there was seventeen points under the Sustainable Development Goals,

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Speaker 1: seventeen points they're trying to transform the world, undo and do.

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Speaker 1: And there are seventeen points that I don't necessarily agree

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Speaker 1: with and you might not either, And so you should

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Speaker 1: read those. You should become aware of, um, the goal

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Speaker 1: of how they're trying to reshape this world and what

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Speaker 1: the goal, what the world would look like. If you

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Speaker 1: want to know what the world would look like for

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Speaker 1: your kids and your grandkids for you, it might just

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Speaker 1: happen by stance for you. Most people go through life

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Speaker 1: as passengers. Uh, there's a new term the kids are

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Speaker 1: using these days. My kids have alerted me to it.

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Speaker 1: And they call people in PCs or non player characters

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Speaker 1: and so like if there's like another kid that's like

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Speaker 1: not really well known, nobody knows them, they're not they're

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Speaker 1: having going on to call m an NPC and uh,

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Speaker 1: in a video game, you're obviously a character in a

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Speaker 1: video game, right, And and you're you're the hero or

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Speaker 1: whatever you are, right, And there's lots of other people

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Speaker 1: in the game, but those are non player characters. They're

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Speaker 1: just there to play that role, you know what I'm saying.

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Speaker 1: And so that that's what kids these use to use

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Speaker 1: these days. And and as I've thought about this, I've

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Speaker 1: talked about with my kids and my wife, and there

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Speaker 1: really are a lot of these in PCs in life.

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Speaker 1: They are most people in life are in PCs. They're

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Speaker 1: just going through life, going through the motions. They're not

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Speaker 1: they're not trying to change their life or change the

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Speaker 1: world of the direction. They're not trying to build in

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Speaker 1: and they're not the character. They're just an NPC. And

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Speaker 1: so most people haven't really thought through where the world

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Speaker 1: is going. But there are a lot of people who have,

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Speaker 1: and there are a lot of people who have plans

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Speaker 1: for what the world looks like in ten years and

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Speaker 1: twenty years and fifty years. And if you care about that,

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Speaker 1: if you care about what the world looks like for

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Speaker 1: your grandkids, then you should look into these people who

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Speaker 1: have these plans and then ask yourself if you like that,

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Speaker 1: and if not, then maybe do something about it. All Right,

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Speaker 1: they've written books. There's lots of books. Uh. Start with

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Speaker 1: Klaud Schwab's books. Read the Fourth Industrial Revolution, Read COVID nineteen,

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Speaker 1: The Great Reset, Read his latest book, The Great Narrative.

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Speaker 1: Read those. Go to the website, we'll look on my forum.

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Speaker 1: Read the blog posts. Um you know. Read Mark Harney's

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Speaker 1: book Values. He tells you the world is not going

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Speaker 1: to be better. He tells you. I'm not gonna say,

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Speaker 1: I'm not gonna deep into that, but my point is

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Speaker 1: is that we need to take action and work to

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Speaker 1: building the life that we want, the world that we

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Speaker 1: want for future generations. Now I know it's not for everybody,

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Speaker 1: Like you have to you have to do a little

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Speaker 1: bit better in your life in order to look a

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Speaker 1: little bit further ahead. I like to say I grew

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Speaker 1: up racing dirt bikes, and so in racing we'd say

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Speaker 1: the fact, the farther I can see, the faster I

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Speaker 1: can go. So if I was on an open road

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Speaker 1: going driving through the middle of a you know, the

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Speaker 1: middle of the desert, for example, I could go a

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Speaker 1: hundred miles an hour, no problem, right, I can see

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Speaker 1: forever the roads as straight as it can be. But

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Speaker 1: if it's raining really hard, or it's like super foggy.

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Speaker 1: I gotta slow way down because I can't see very

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Speaker 1: far right. And so you might have the guy on

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Speaker 1: the street, the homeless person, the drug addict on the street,

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Speaker 1: and all he can think about the farthest he can

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Speaker 1: see is like that next hit, maybe right. And then

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Speaker 1: you have a guy who can only see like paycheck

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Speaker 1: to paycheck, day to day, and then paycheck to paycheck,

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Speaker 1: and then maybe month to month. And then you go

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Speaker 1: all the way to the other end of the spectrum

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Speaker 1: where you got the bill Gates of the world, and

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Speaker 1: they're looking out multiple generations ahead, and so you got

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Speaker 1: to start looking looking further out, looking further out. And

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Speaker 1: people are doing that, and so step one. I know

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Speaker 1: this is an overwhelming and Dante and most of us

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Speaker 1: just want to live our lives. And that's fine, I

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Speaker 1: get it right. We want a better life for ourselves,

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Speaker 1: for our family. I want to spend time with my family.

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Speaker 1: I want to spend time to enjoy myself. But at

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Speaker 1: least what you could do is you could figure out

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Speaker 1: what the goals are um who has certain visions and goals,

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Speaker 1: and at least just back those people and then you

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Speaker 1: don't have to do the work. And there's people doing that.

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Speaker 1: I see this right here. UM. This week Disney investor

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Speaker 1: SU's company alleging criticism over Florida's parental rights and so

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Speaker 1: UM Disney UM decided to go woke. They decided that

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Speaker 1: Disney wanted to be involved in politics, and they wanted

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Speaker 1: to create a bill UM which was which was called

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Speaker 1: Florida's Parental Rights Education Bill UM. It was actually they

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Speaker 1: were calling it something about don't say gay bill and

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Speaker 1: Disney said that they wanted to get involved and and

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Speaker 1: and push this and and uh it was it was

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Speaker 1: signed into law by Rhon de Santis and forbids schools

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Speaker 1: to restrict parents access to information about their children's mental,

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Speaker 1: emotional and physical health. So schools didn't want to give

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Speaker 1: the parents information on the kids. And so Disney got

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Speaker 1: involved in this, and uh, Rhn de Santis basically said

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Speaker 1: don't don't get involved, and they did. And they said, okay, look,

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Speaker 1: then you're gonna lose your your tax exempt status. And

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Speaker 1: by getting involved in that, it cost Disney a lot

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Speaker 1: of money. Now supposedly the CEO didn't want to, but

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Speaker 1: because of so much pushed back by the employees angry employees,

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Speaker 1: the company decided to get involved. Well, then they lost

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Speaker 1: their UM, they lost their special municipal district which should

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Speaker 1: have been in place since nineteen sixty seven, and they

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Speaker 1: lost their tax status status and now it cost Disney

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Speaker 1: shareholders lots of money. Now, the thing that's key here

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Speaker 1: is that the CEO of a company has a fudciary duty,

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Speaker 1: meaning a legal duty to do the best that he

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Speaker 1: can for the company and return as best as much

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Speaker 1: return on capital to the shareholders. So by getting involved

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Speaker 1: in politics had nothing to do with returning equity to

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Speaker 1: the equity owners. They're just pushing politics for what what

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Speaker 1: were they were? What was Disney trying to push politics

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Speaker 1: for it? And so by doing that, um they pushed

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Speaker 1: their political ideology and lost their Texas and status and

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Speaker 1: cost the company hundreds of millions of dollars hundreds millions

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Speaker 1: of dollars. And so now one person here has now

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Speaker 1: sued them over this situation, and I think it's about

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Speaker 1: time I've been asking myself. As a matter of fact,

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Speaker 1: I have a friend who's a great grandson of Walt Disney,

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Speaker 1: a great grandson, and their family obviously still owns a

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Speaker 1: massive out of stock in the company, and I asked

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Speaker 1: him about this, and I asked if they were going

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Speaker 1: to do anything about this, and he's like, I don't know.

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Speaker 1: I don't know what's gonna happen. But here we have

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Speaker 1: Disney investor Kenneth Simon and file the twenty two page

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Speaker 1: lawsuit against Disney demand the company deliver its internal records

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Speaker 1: regarding its objections to the Florida bill um. According to

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Speaker 1: Simon's lawsuit, Disney's criticism of the law created a significant,

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Speaker 1: significant financial risk to the company's shareholders. And so all

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Speaker 1: it takes is one person like Kenneth to see the

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Speaker 1: direction that the world is going and push back on that.

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Speaker 1: Support the company that you want, spend your money there

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Speaker 1: by their stock, support them, and if they work against

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Speaker 1: your interest, you can either decide to pull your money

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Speaker 1: or you can do something like Kenneth did, and you

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Speaker 1: can hold them to their financial duty. And that's how

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Speaker 1: we changed the world. Now, of course, the CEO that

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Speaker 1: did this lost his job. Another CEO has been put

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Speaker 1: in place in Disney is on a completely different tractory.

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Speaker 1: That's how we changed the world. If you're tuning in

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Speaker 1: and listen to the Markma Show. We're talking about the

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Speaker 1: way the world is changing. We're talking about the decentralized revolution.

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Speaker 1: I got a lot more stories toever when I come back.

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Speaker 1: Don't go away right back, all right, welcome back. If

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Speaker 1: you're just tune in, you're listening to the Mark mo Show.

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Speaker 1: We're talking about the decentralized revolution each and every week,

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Speaker 1: of course, talking about the way the world is changing,

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Speaker 1: looking at through the lens of politics, finance, and technology.

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Speaker 1: Of course, technology being bitcoin, which is that decentralized technology

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Speaker 1: that is changing the world. You know, we say, if

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Speaker 1: you change the money, if you fix the money, you

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Speaker 1: can fix the world. Which is a really big claim.

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Speaker 1: Fix the money, fix the world. How can you say that? Well,

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Speaker 1: it there's a lot of reasons why. One it's because

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Speaker 1: of incentives. Warren Buffett's partner, Charlie Munger says, show me

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Speaker 1: the incentives and I'll show you the outcome. And a

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Speaker 1: lot of people think that money is neutral, money as

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Speaker 1: a tool. Money could be used for good, money can

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Speaker 1: be used for evil, and that sounds right. As a

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Speaker 1: matter of fact, I believed that to be true most

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Speaker 1: of my life, but I've recently kind of over the

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Speaker 1: last couple of years come to think that it's not

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Speaker 1: actually true at all. Now I guess, I guess it's

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Speaker 1: true when you think about money. But then you have

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Speaker 1: to then ask yourself what is money? So, okay, that's

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Speaker 1: true for money, but then what is money? So then

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Speaker 1: money is also a neutral tool. But what we consider

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Speaker 1: money today most of us is currency or fiat currency

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Speaker 1: or dollars, or if you're in a different country, whatever

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Speaker 1: currency you have. Fiat currency is currency. It's not money.

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Speaker 1: JP Morgan, the founder of JP Morgan Bank. Actually JP

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Speaker 1: Morgan went before Congress in the early nine hundreds and

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Speaker 1: he said gold is money, nothing else. Everything else is credit.

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Speaker 1: So dollars were debt on top of gold, which was

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Speaker 1: real money. So gold God's money. Real money is neutral.

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Speaker 1: It can be used for good or bad. I can

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Speaker 1: use it to pay for someone's bills if they're down

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Speaker 1: on their luck, or I can pay to um someone

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Speaker 1: to go hurt somebody else. Right, So that that that

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Speaker 1: gold would be neutral. But that's money. Currency, Fiat currency,

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Speaker 1: dollars is not that at all. Fiat currency is a

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Speaker 1: system built on theft, on lies and deceit. What do

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Speaker 1: I mean by that? What do I mean what do

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Speaker 1: I mean it's built on theft. Well, every time the

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Speaker 1: government decides to print more dollars, they steal from you.

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Speaker 1: They steal your purchasing power. Every new dollar created decreases

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Speaker 1: the purchasing power of your existing dollars. When you saw

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Speaker 1: that this month they brought inflation downy, congratulations, CPI came down.

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Speaker 1: Now we're down to the seven point one. So that

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Speaker 1: means you need to work about that means you need

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Speaker 1: about three more dollars this month then you needed last

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Speaker 1: month just to have the same quality of life. Now,

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Speaker 1: if you make thirty bucks an hour, that's ten hours

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Speaker 1: more you have to work this month. They stole ten

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Speaker 1: hours of your life. That's that's theft. That's stealing from

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Speaker 1: your family. You could have put the time in your

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Speaker 1: family has put. Time you could have put into yourself

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Speaker 1: to learn new skills. That's that's they're stealing from your

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Speaker 1: retirement account. They're stealing from you. That's your life energy

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Speaker 1: they stole. So that's a system. That's that's that's based

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Speaker 1: off inflation, which is theft. It's also built on lies

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Speaker 1: and deceit. Do you know how many dollars are created?

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Speaker 1: Do you know how many dollars will be created tomorrow.

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Speaker 1: Do you how many dollars will be created over the

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Speaker 1: next year. No, of course you don't. You have no idea.

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Speaker 1: And and they don't even tell you. They don't, they don't.

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Speaker 1: They deceive you, and they lie to you. Not only

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Speaker 1: do they sive you, they also lie to you because

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Speaker 1: they say, oh, but we're not creating money. But really

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Speaker 1: they are over here, but we just didn't call it that.

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Speaker 1: So the system built off theft lies in the sit

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Speaker 1: and so everything built off of that system is also

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Speaker 1: built off of theft. Theft lies in the sit and

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Speaker 1: so it incentivizes that. Now. One of the one of

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Speaker 1: the quotes that I use all the time from Vladimir Lenin,

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Speaker 1: not Vladimir is Uh, not Putin, but Lenin from the

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Speaker 1: nineteen hundreds Russia. He said that the best way to

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Speaker 1: destroy capitalism would be too deep out the currency, to

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Speaker 1: destroy the currency, and you would do it through inflation.

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Speaker 1: And through inflation you can confiscate arbitrarily. Mean I can

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Speaker 1: just steal whatever I want whenever I want, just by inflation.

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Speaker 1: I don't have to tell anybody about it. I'm just

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Speaker 1: printing money. People people are watching news going inflation, inflation inflation,

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Speaker 1: gas is getting more expensive, steaks getting more expensive. I

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Speaker 1: don't know, No, they're not getting more expensive. They stole

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Speaker 1: the value from your currency, so it now you need

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Speaker 1: to spend more of it, and so they can steal arbitrarily,

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Speaker 1: and he says that eventually, um It says, eventually you'll

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Speaker 1: lose all relation and the too money and the best

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Speaker 1: way to get rich will be through gambling and theft,

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Speaker 1: which is exactly we have today. And so it incentivizes

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Speaker 1: a system where we only can get wealthy through stealing

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Speaker 1: from others or or gambling, right, the lottery, the crypto casino,

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Speaker 1: n f T, you know, Ape Zone, whatever, And that's

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Speaker 1: where we're at. And so it's not the fiat money

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Speaker 1: system is not neutral. It's evil, theft, lies, deceit. Now,

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Speaker 1: the opposite of um lies would be truth. The opposite

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Speaker 1: of deceit would be transparency, right, and that's what bitcoin is.

428
00:24:08,600 --> 00:24:14,320
Speaker 1: So bitcoin is truth, it's math, it's it's transparent, it's

429
00:24:14,320 --> 00:24:18,359
Speaker 1: open for anyone to look at. Now, I've said before,

430
00:24:18,400 --> 00:24:20,800
Speaker 1: one of the greatest tricks, the two greatest tricks the

431
00:24:20,800 --> 00:24:23,440
Speaker 1: Federal Reserve Central banks ever played on us, was one

432
00:24:23,840 --> 00:24:27,960
Speaker 1: telling us that our money supply had to expand and

433
00:24:28,040 --> 00:24:30,240
Speaker 1: to that asset price is going up is a good thing.

434
00:24:30,480 --> 00:24:32,239
Speaker 1: And so we've been told that our money supply has

435
00:24:32,280 --> 00:24:34,119
Speaker 1: to expand, and I hear all the time like it

436
00:24:34,200 --> 00:24:36,320
Speaker 1: has to expand, Right, how how can we have a

437
00:24:36,320 --> 00:24:40,439
Speaker 1: growing economy if the money supply doesn't expand? Mark So

438
00:24:40,480 --> 00:24:42,520
Speaker 1: the FED says, well, well, let's just have a two

439
00:24:42,560 --> 00:24:46,480
Speaker 1: percent inflation and that way the money supply expands as

440
00:24:46,600 --> 00:24:50,240
Speaker 1: as as the population grows. Or so they can just

441
00:24:50,280 --> 00:24:52,720
Speaker 1: steal two percent per year, which, if you do the math,

442
00:24:52,800 --> 00:24:56,480
Speaker 1: that's ten percent every five years, pretty pretty big to

443
00:24:56,520 --> 00:24:59,199
Speaker 1: them in an eighty trillion dollar economy. I'll take ten

444
00:24:59,240 --> 00:25:03,439
Speaker 1: percent of that, would you? And so they teach us that.

445
00:25:03,520 --> 00:25:07,600
Speaker 1: But if that's true, then I would ask yourself this question,

446
00:25:08,800 --> 00:25:11,160
Speaker 1: why do we have to have a money system built

447
00:25:11,200 --> 00:25:17,880
Speaker 1: on theft? If inflation is theft? And how is inflation

448
00:25:17,920 --> 00:25:21,280
Speaker 1: not theft? If they're able to create more money and

449
00:25:21,320 --> 00:25:24,160
Speaker 1: put those units in their pocket or as use them

450
00:25:24,160 --> 00:25:29,560
Speaker 1: as they see fit, the cancel on effect inversely affecting

451
00:25:29,680 --> 00:25:33,200
Speaker 1: or or helping those closest to that money supply. Right,

452
00:25:33,680 --> 00:25:35,520
Speaker 1: they print the money, they give it to their buddies,

453
00:25:35,560 --> 00:25:38,800
Speaker 1: their their projects. If that's not theft, I don't know

454
00:25:38,840 --> 00:25:41,880
Speaker 1: what it is. Um, So then why do we need

455
00:25:41,960 --> 00:25:46,359
Speaker 1: a system built on theft? And of course the answer

456
00:25:46,400 --> 00:25:50,720
Speaker 1: is it's insane. Of course we don't. That would be insane,

457
00:25:51,600 --> 00:25:55,760
Speaker 1: so we don't need that. And then you start to

458
00:25:55,800 --> 00:25:58,280
Speaker 1: ask yourself, Okay, well then what would be the opposite?

459
00:25:58,359 --> 00:26:02,520
Speaker 1: Will that be a system with out inflation? Right? There

460
00:26:02,520 --> 00:26:07,040
Speaker 1: you go. Now, it's very difficult to understand one system

461
00:26:07,080 --> 00:26:09,600
Speaker 1: when you're stuck inside of an existing system. I get it.

462
00:26:09,720 --> 00:26:12,719
Speaker 1: So when you're in the system that we're in today,

463
00:26:13,720 --> 00:26:15,800
Speaker 1: and these are problems that I even have for myself,

464
00:26:15,840 --> 00:26:18,400
Speaker 1: and in conversations that with other people, it's like, well,

465
00:26:18,400 --> 00:26:21,560
Speaker 1: how would it work? What does it look like? Well,

466
00:26:21,600 --> 00:26:23,359
Speaker 1: it's very hard to it's very hard to say. Right,

467
00:26:23,359 --> 00:26:27,760
Speaker 1: we're hypothesizing. But what I do know, I know in

468
00:26:27,840 --> 00:26:30,480
Speaker 1: my heart of hearts, is that we don't have to

469
00:26:30,640 --> 00:26:34,480
Speaker 1: live in a system where one person is able to

470
00:26:34,560 --> 00:26:39,040
Speaker 1: steal from another. I do know that. I do know

471
00:26:39,160 --> 00:26:44,000
Speaker 1: that if we don't incentivize theft and stealing, that the

472
00:26:44,040 --> 00:26:47,119
Speaker 1: world will be better. I do know that what does

473
00:26:47,160 --> 00:26:49,000
Speaker 1: it look like exactly? I mean, I don't know we

474
00:26:49,119 --> 00:26:52,239
Speaker 1: we we've never really seen that before. Right, even when

475
00:26:52,280 --> 00:26:54,200
Speaker 1: we are on a gold back system, we have gold coins,

476
00:26:54,200 --> 00:26:57,280
Speaker 1: but those gold coins would be debased, they'd be clipped

477
00:26:57,640 --> 00:27:01,600
Speaker 1: all day, and so we probably have never really seen

478
00:27:01,680 --> 00:27:07,919
Speaker 1: that before. Will it be better? Will it be worse? Well? Both?

479
00:27:09,080 --> 00:27:10,399
Speaker 1: I guess it depends on which side are you on.

480
00:27:10,440 --> 00:27:12,399
Speaker 1: Are you on the theft side, are you on the

481
00:27:12,440 --> 00:27:14,760
Speaker 1: side adversely benefiting from that. Are you on the side

482
00:27:14,800 --> 00:27:17,280
Speaker 1: that's adversely being affected by it that? It just depends.

483
00:27:17,920 --> 00:27:19,560
Speaker 1: If you're just tuning in, you're listening to the Markma Show.

484
00:27:19,600 --> 00:27:24,200
Speaker 1: We're talking about the decentralized revolution, talking about money fixing

485
00:27:24,200 --> 00:27:26,760
Speaker 1: the money fixing the world. I got a story coming

486
00:27:26,760 --> 00:27:29,520
Speaker 1: back about how much the money that we have is

487
00:27:29,560 --> 00:27:31,399
Speaker 1: broken in a better way to fix it. Back with

488
00:27:31,440 --> 00:27:33,639
Speaker 1: that in more in a minute. Don't go away, all right,

489
00:27:33,680 --> 00:27:35,800
Speaker 1: welcome back. You were listening to the Mark mo Show.

490
00:27:35,840 --> 00:27:41,080
Speaker 1: We're talking about the decentralized revolution and talking about I

491
00:27:41,280 --> 00:27:43,640
Speaker 1: was talking about the intersection of politics, finance, and technology

492
00:27:43,680 --> 00:27:46,919
Speaker 1: so we can see how the world is changing. Before

493
00:27:46,920 --> 00:27:48,879
Speaker 1: the break, I went on a little rant talking about

494
00:27:49,200 --> 00:27:51,879
Speaker 1: money and how money can fix the world, which I

495
00:27:51,880 --> 00:27:55,040
Speaker 1: know is a really big big statement. I could. I

496
00:27:55,040 --> 00:27:56,880
Speaker 1: could do an episode every single week on how it's

497
00:27:56,880 --> 00:27:58,480
Speaker 1: going to fix the world? Right, fix the money, fix

498
00:27:58,520 --> 00:28:00,439
Speaker 1: the world kind of a thing. But I know that

499
00:28:00,480 --> 00:28:03,520
Speaker 1: a lot of times people in the United States, specifically

500
00:28:04,200 --> 00:28:07,280
Speaker 1: I have a problem understanding why we need to fix

501
00:28:07,320 --> 00:28:09,440
Speaker 1: the money. What does that even mean? Like our money

502
00:28:09,480 --> 00:28:13,280
Speaker 1: is pretty good, right, but that's in the United States.

503
00:28:13,880 --> 00:28:17,600
Speaker 1: If you are one of three billion people living under

504
00:28:18,119 --> 00:28:22,560
Speaker 1: very harsh authoritarian regimes with double the triple digit inflation,

505
00:28:24,320 --> 00:28:26,880
Speaker 1: you don't you don't have You would laugh if somebody

506
00:28:26,920 --> 00:28:29,639
Speaker 1: asked you that question. You're doing everything you can to

507
00:28:29,680 --> 00:28:32,919
Speaker 1: get rid of that currency, right, you don't want that currency.

508
00:28:33,160 --> 00:28:35,280
Speaker 1: In most cases, you can't. Right, in most cases you

509
00:28:35,280 --> 00:28:37,520
Speaker 1: can't because what happens is they try to enforce what

510
00:28:37,560 --> 00:28:40,680
Speaker 1: they call uh capital controls. They want to keep you

511
00:28:40,720 --> 00:28:42,440
Speaker 1: locked in that they don't want. They don't want that

512
00:28:42,640 --> 00:28:45,440
Speaker 1: escape valve out of the system. So you don't have

513
00:28:45,480 --> 00:28:49,280
Speaker 1: to ask somebody in in Lebanon or Venezuela or Argentina

514
00:28:49,440 --> 00:28:52,960
Speaker 1: or Peru or Turkey, like what's wrong with your money?

515
00:28:53,040 --> 00:28:55,000
Speaker 1: Like they could give you a million reasons why. Like

516
00:28:55,120 --> 00:29:00,000
Speaker 1: in um in UH Nigeria, they are trying to put

517
00:29:00,120 --> 00:29:02,160
Speaker 1: just new central bank digital currency, the e i ARA,

518
00:29:02,920 --> 00:29:05,800
Speaker 1: and the people are like, why why, why would we

519
00:29:05,840 --> 00:29:08,040
Speaker 1: buy the NR. It's the same thing as that regular

520
00:29:08,080 --> 00:29:09,920
Speaker 1: and I are that it's horrible, we don't want it, right,

521
00:29:10,000 --> 00:29:12,360
Speaker 1: they know that. But but in the US we still

522
00:29:12,400 --> 00:29:15,960
Speaker 1: think our money is pretty good. But we're seeing more

523
00:29:16,040 --> 00:29:18,320
Speaker 1: and more and more and more why it's not so good.

524
00:29:18,360 --> 00:29:22,040
Speaker 1: So obviously inflation being one of those. Right again, if

525
00:29:22,080 --> 00:29:24,080
Speaker 1: you can get your mind around that, it's not that

526
00:29:24,160 --> 00:29:27,080
Speaker 1: prices are getting more expensive. It's that your dollars just

527
00:29:27,320 --> 00:29:31,120
Speaker 1: buy you less and less goods, which is exactly what's

528
00:29:31,120 --> 00:29:33,479
Speaker 1: happening to their countries, just at a much faster pace.

529
00:29:34,040 --> 00:29:38,200
Speaker 1: But what about what about our ability to even use

530
00:29:38,280 --> 00:29:41,320
Speaker 1: our money? That's a whole different story. Now, Like I said,

531
00:29:41,360 --> 00:29:44,959
Speaker 1: about three billion people live under very heart harsh authoritarian

532
00:29:44,960 --> 00:29:49,280
Speaker 1: regimes and with double triple digitiflation. So those are two

533
00:29:49,280 --> 00:29:52,680
Speaker 1: separate issues. So the double triple triple digit inflation meaning

534
00:29:52,760 --> 00:29:55,840
Speaker 1: that every day your money buys you have as many

535
00:29:55,920 --> 00:29:58,240
Speaker 1: goods and services in the day before, that's really bad.

536
00:29:58,760 --> 00:30:01,040
Speaker 1: What about the harsh autory to in regime part So,

537
00:30:01,120 --> 00:30:03,760
Speaker 1: for an example, in North Korea, you know you're not

538
00:30:03,760 --> 00:30:05,240
Speaker 1: allowed to have money. They come into your house every

539
00:30:05,240 --> 00:30:06,960
Speaker 1: single day and if they find any money, they steal

540
00:30:06,960 --> 00:30:10,280
Speaker 1: it from you. Or if you're an Afghanistan right now, Um,

541
00:30:10,320 --> 00:30:13,120
Speaker 1: you know, the Taliban is watching over all the payments

542
00:30:13,360 --> 00:30:16,640
Speaker 1: and they're just taking money as they see fit. The

543
00:30:16,720 --> 00:30:19,040
Speaker 1: girl that does my hair, she's from Afghanistan and she

544
00:30:19,040 --> 00:30:21,800
Speaker 1: can't even get money to people back in Afghanistan because

545
00:30:21,800 --> 00:30:23,920
Speaker 1: there's no way to send it because the Taliban will

546
00:30:23,960 --> 00:30:27,160
Speaker 1: just take it. So there's two different issues there. Now.

547
00:30:27,160 --> 00:30:29,239
Speaker 1: In the United States, we mostly have to worry about that, right,

548
00:30:29,280 --> 00:30:32,040
Speaker 1: I mean, sure, inflation, but it's not that bad seven percent,

549
00:30:32,080 --> 00:30:36,240
Speaker 1: it's not like seven um. And you know our money

550
00:30:36,280 --> 00:30:40,600
Speaker 1: doesn't really get stopped, right, does it, does it? Well?

551
00:30:41,520 --> 00:30:45,280
Speaker 1: Have you heard about something called civil asset forfeiture? Most

552
00:30:45,280 --> 00:30:51,920
Speaker 1: people haven't. Um. Yeah, civil asset forfeitture amount one. Let's

553
00:30:51,920 --> 00:30:54,080
Speaker 1: see what we come up with here. I want to

554
00:30:54,120 --> 00:30:59,000
Speaker 1: say it was something like in in the last year

555
00:30:59,080 --> 00:31:02,760
Speaker 1: or two, it was like, oh, here we go, sixty

556
00:31:02,880 --> 00:31:07,240
Speaker 1: eight billion dollars civil asis forfeiture abuse? Why it should

557
00:31:07,240 --> 00:31:12,600
Speaker 1: be ruled? Um says, sixty eight billion dollars over the

558
00:31:12,680 --> 00:31:16,160
Speaker 1: last twenty years have been taken through what's called civil

559
00:31:16,280 --> 00:31:24,080
Speaker 1: asset for fitture. In South Carolina alone, one state UM

560
00:31:24,160 --> 00:31:28,760
Speaker 1: confiscated seventeen million alone, one state seventeen million alone last

561
00:31:28,840 --> 00:31:32,840
Speaker 1: year sixty billion dollars. So what this means is that

562
00:31:32,880 --> 00:31:36,320
Speaker 1: it's not it's it's just civil acts forfeiture. They see it,

563
00:31:37,080 --> 00:31:40,840
Speaker 1: they want it, they take it. They pull you over,

564
00:31:41,160 --> 00:31:43,480
Speaker 1: they find cash, they take it, and they take the

565
00:31:43,520 --> 00:31:46,680
Speaker 1: car with it. They see money in your account, they

566
00:31:46,680 --> 00:31:50,600
Speaker 1: take the money in your account. Now you can try

567
00:31:50,840 --> 00:31:54,160
Speaker 1: to go get the money back. You can't. UM you

568
00:31:54,200 --> 00:31:56,239
Speaker 1: can you know, you don't have any money anymore if

569
00:31:56,280 --> 00:31:58,520
Speaker 1: you can't go hired attorney, So that's pretty hard. And

570
00:31:58,520 --> 00:32:00,880
Speaker 1: then you're probably really we're worried abou trying to figure

571
00:32:00,880 --> 00:32:01,920
Speaker 1: out how to make more money so you can pay

572
00:32:01,960 --> 00:32:03,840
Speaker 1: your bills because they took all your money, so you

573
00:32:03,840 --> 00:32:06,239
Speaker 1: gotta figure that out. But somehow you're gonna have enough

574
00:32:06,280 --> 00:32:07,800
Speaker 1: money to go fight the state, right and so in

575
00:32:07,840 --> 00:32:09,640
Speaker 1: most cases they don't. Now I'm just throwing this out

576
00:32:09,640 --> 00:32:11,000
Speaker 1: there so you can go do your own due diligence

577
00:32:11,040 --> 00:32:14,040
Speaker 1: on this. But about sixty eight billion billion dollars has

578
00:32:14,080 --> 00:32:17,280
Speaker 1: been taken in the United States. This happens Now we

579
00:32:17,320 --> 00:32:20,960
Speaker 1: have PayPal doing the exact same thing. You know, PayPal

580
00:32:21,040 --> 00:32:24,600
Speaker 1: announced that they can take up to dollars from your

581
00:32:24,600 --> 00:32:27,760
Speaker 1: account if you say the wrong thing. No due process

582
00:32:28,160 --> 00:32:31,600
Speaker 1: whatever happened to innocent ut proven guilty, what happened to

583
00:32:31,720 --> 00:32:35,680
Speaker 1: you know, due process of law? That's all gone. And

584
00:32:35,720 --> 00:32:38,120
Speaker 1: so these are starting to get people to think about

585
00:32:38,160 --> 00:32:41,680
Speaker 1: how can we do money better. PayPal was started to

586
00:32:41,760 --> 00:32:45,520
Speaker 1: be this, uh, you know, this new app to empower individuals,

587
00:32:45,960 --> 00:32:52,240
Speaker 1: and they quickly changed. Now the original founders and PayPal

588
00:32:52,360 --> 00:32:55,440
Speaker 1: what's called the PayPal mafia. It's Peter Theo, Elon Musk,

589
00:32:55,560 --> 00:32:59,840
Speaker 1: David Sachs. They're all champions of free speech, and they

590
00:32:59,880 --> 00:33:03,400
Speaker 1: have all express shock and dismay at what's going on

591
00:33:03,440 --> 00:33:07,680
Speaker 1: in PayPal. But if if you're if if they freeze

592
00:33:07,720 --> 00:33:12,239
Speaker 1: that money, that's basically destroying your life economically, destroying your

593
00:33:12,280 --> 00:33:16,840
Speaker 1: life right, limits your ability to exercise your political voice. Right,

594
00:33:16,920 --> 00:33:21,080
Speaker 1: your your first Amendment, it's gone right. Your second Amendment.

595
00:33:21,720 --> 00:33:24,760
Speaker 1: Uh there, it's gone right. You don't have any You

596
00:33:24,800 --> 00:33:26,800
Speaker 1: have no freedom if you have no ability to transact,

597
00:33:27,600 --> 00:33:31,560
Speaker 1: so you destroy people economically, and that's it's almost the

598
00:33:31,600 --> 00:33:35,320
Speaker 1: worst thing that you can do. Now when they launched it,

599
00:33:35,640 --> 00:33:37,960
Speaker 1: what they what they had hoped, Peter Thiel said, quote

600
00:33:38,040 --> 00:33:40,920
Speaker 1: PayPal will give citizens worldwide more direct control over their

601
00:33:40,920 --> 00:33:44,600
Speaker 1: currencies than they've ever had before. He said, it will

602
00:33:44,640 --> 00:33:47,320
Speaker 1: be nearly impossible for corrept governments to steal wealth from

603
00:33:47,320 --> 00:33:49,840
Speaker 1: their people through their old means, because if they try,

604
00:33:50,080 --> 00:33:52,800
Speaker 1: people will just switch to dollars or pounds or again,

605
00:33:52,840 --> 00:33:58,760
Speaker 1: in effect dumping worthless currencies for something more secure. But

606
00:33:59,040 --> 00:34:01,560
Speaker 1: what if it's not the current see itself that's the problem,

607
00:34:01,560 --> 00:34:06,720
Speaker 1: but it's the actual payment network like PayPal. Now, since

608
00:34:06,760 --> 00:34:09,239
Speaker 1: those early days of PayPal, PayPal's grown. It's got four

609
00:34:09,680 --> 00:34:14,960
Speaker 1: and twenty nine million active accounts. Fifty of Americans, almost

610
00:34:15,040 --> 00:34:21,359
Speaker 1: sixty almost six out of ten Americans use PayPal. That's

611
00:34:21,400 --> 00:34:25,200
Speaker 1: a lot, six out of ten Americans. But it's become

612
00:34:25,200 --> 00:34:28,919
Speaker 1: a police officer deciding what's right and what's wrong, who

613
00:34:28,960 --> 00:34:31,359
Speaker 1: gets to be heard, who doesn't get to hurt be heard,

614
00:34:32,680 --> 00:34:35,120
Speaker 1: what it's good for you to spend your own money on,

615
00:34:35,280 --> 00:34:37,560
Speaker 1: and what it's not good for you to spend your

616
00:34:37,560 --> 00:34:41,799
Speaker 1: own money on. And of course, to make sure none

617
00:34:41,800 --> 00:34:44,720
Speaker 1: of these bad people fall through the cracks, PayPal teamed

618
00:34:44,760 --> 00:34:45,960
Speaker 1: up with a whole bunch of people to help them

619
00:34:45,960 --> 00:34:48,360
Speaker 1: figure this out. The Anti Defamation League, the a d

620
00:34:48,520 --> 00:34:54,000
Speaker 1: L Southern Southern Poverty Law Center, which sounds like they

621
00:34:54,000 --> 00:34:57,959
Speaker 1: would be good organizations, but who's to say who gets

622
00:34:58,000 --> 00:35:02,160
Speaker 1: to spend their own money or not? Now, like I

623
00:35:02,160 --> 00:35:07,280
Speaker 1: said before, PayPal updated their acceptable Use policy, which clears

624
00:35:07,320 --> 00:35:10,680
Speaker 1: the way for even more suspensions anything they deemed to

625
00:35:10,680 --> 00:35:17,360
Speaker 1: be quote unquote objectionable. They can hit you with a penalty.

626
00:35:18,840 --> 00:35:25,399
Speaker 1: There's no clarity on this. So what do you do?

627
00:35:25,560 --> 00:35:29,719
Speaker 1: It's not the money in in uh in uh Peter

628
00:35:29,800 --> 00:35:33,439
Speaker 1: Field's original content. He said, Hey, if no government could

629
00:35:33,480 --> 00:35:34,960
Speaker 1: do this to you, because you could just switch to

630
00:35:34,960 --> 00:35:40,520
Speaker 1: euro yen or dollars. But it's PayPal, it's the paper,

631
00:35:40,560 --> 00:35:43,440
Speaker 1: it's the payment mechanism, and we're in a digital world.

632
00:35:45,640 --> 00:35:47,759
Speaker 1: But the revolt is here, the revolt is here. We

633
00:35:47,840 --> 00:35:50,239
Speaker 1: have another way now. I made a video on my

634
00:35:50,239 --> 00:35:53,400
Speaker 1: main YouTube channels. You can check it out. Elon Must's

635
00:35:53,600 --> 00:35:56,200
Speaker 1: real reason for buying Twitter, which I argue, is to

636
00:35:56,280 --> 00:36:00,680
Speaker 1: make a new payment network, and that looks like what

637
00:36:00,760 --> 00:36:04,879
Speaker 1: it's about to be here. Um. This author reached out

638
00:36:04,880 --> 00:36:07,919
Speaker 1: to Elon Musk and said, h are you worried? About

639
00:36:07,960 --> 00:36:10,520
Speaker 1: company you helped found. PayPal is now part of an

640
00:36:10,520 --> 00:36:15,239
Speaker 1: emerging private social credit system and is buying Twitter in

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Speaker 1: part an effort to fulfill the mission that PayPal seems

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Speaker 1: to have abandoned. And he replied with one word, definitely.

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Speaker 1: And so there's a need. You may not have a

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Speaker 1: need right now, but there's a need. People have a need.

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Speaker 1: Sixty eight billion dollars were taken with no new process,

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Speaker 1: and they have a need. And bitcoin is here. If

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Speaker 1: you're just tuning and you listen to the Markma Show

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Speaker 1: talking about the decentralized revolution, the way the world is

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Speaker 1: changing through politics, finance, and technology. Covered a lot today.

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Speaker 1: That's what I got. Thanks for listening. Until next time,