WEBVTT - Knowledge Isn't Power - Knowledge With ACTION is Power! 0:00:00.000 --> 0:00:02.840 Hello, and welcome to another episode of The Mark Moss Show, 0:00:02.880 --> 0:00:06.160 where we talk about each and every week the decentralized revolution, 0:00:06.200 --> 0:00:09.000 how the world is changing right before our very eyes. 0:00:09.000 --> 0:00:11.760 Of course, we look at it through lens of politics, finance, 0:00:12.119 --> 0:00:16.239 and technology. Now, look, before we dig into this show, 0:00:16.320 --> 0:00:18.440 I just want to say this. I should probably reiterate 0:00:18.480 --> 0:00:21.720 it every single show, because we talk a lot about 0:00:22.440 --> 0:00:25.800 bad things, things that are scary, things that are worrisome, 0:00:25.920 --> 0:00:29.160 things that lead to massive uncertainty in this world, and 0:00:29.320 --> 0:00:32.640 it can lead to a feeling of helplessness and hopelessness. 0:00:32.720 --> 0:00:36.239 And why even bother. I see all the comments. I 0:00:36.320 --> 0:00:39.040 love the comments. Keep send them to me, Hit me 0:00:39.120 --> 0:00:41.440 up on social media at one Mark Moss, let me 0:00:41.440 --> 0:00:43.360 know you're listening to the show. Let me know your concerns, 0:00:43.400 --> 0:00:46.159 your questions, so I can address those here. But I 0:00:46.200 --> 0:00:48.800 see them. I see these comments coming in, and people 0:00:48.840 --> 0:00:53.320 are demoralized. Why should I even bother. I can't get ahead, 0:00:53.520 --> 0:00:56.560 I don't stand a chance, I can't change the system, 0:00:56.640 --> 0:00:58.920 and on and on and on. I see this all 0:00:58.960 --> 0:01:01.520 the time. And so what I just want to reiterate 0:01:02.080 --> 0:01:04.800 my perspective, and I want your perspective to be, is 0:01:04.840 --> 0:01:09.680 that we're not victims. We can build the world we want, 0:01:10.000 --> 0:01:11.600 but we just have to do it. We have to 0:01:11.600 --> 0:01:14.200 be intentional about it. And so, UM, I don't go 0:01:14.319 --> 0:01:17.600 through all these new stories and headlines and tell you 0:01:17.600 --> 0:01:20.000 what's going on in the world, UM to scare you. 0:01:20.160 --> 0:01:22.960 I don't do it to demoralize you, certainly not. That's 0:01:23.000 --> 0:01:24.679 what they're trying to do. They want to demoralize you. 0:01:24.920 --> 0:01:27.280 What I'm trying to do is empower you. I want 0:01:27.319 --> 0:01:30.080 to educate you. I want to motivate you. I want 0:01:30.080 --> 0:01:34.120 to show you what's happening and then provide context so 0:01:34.160 --> 0:01:35.840 it helps you to understand what's going on in the 0:01:35.840 --> 0:01:39.000 world today, more importantly, where the world is going, and 0:01:39.040 --> 0:01:42.400 even more importantly than that, what you should be doing 0:01:42.520 --> 0:01:46.759 about it. All right, So look, you know a lot 0:01:46.800 --> 0:01:49.480 of people one of my guests I had on recently, 0:01:49.640 --> 0:01:51.680 a lot of people, a lot of you, didn't like 0:01:51.760 --> 0:01:53.720 that guest. I'm talking about Ryan dandam Ran. A lot 0:01:53.720 --> 0:01:55.560 of a lot of you accused him of being that 0:01:55.640 --> 0:01:58.880 you know, proverbial ostrich with his head in the sand. 0:01:59.480 --> 0:02:02.360 And you know, sometimes I wish I was that person. 0:02:02.520 --> 0:02:04.880 I've had that thought before, you know, in that in 0:02:04.920 --> 0:02:07.280 the in the famous movie The Matrix. If you're too 0:02:07.280 --> 0:02:09.600 young to have watched The Matrix, then you should still 0:02:09.639 --> 0:02:11.760 go watch it because it's one of those classics. But 0:02:11.840 --> 0:02:14.160 you know, that's where this red pill came from. And 0:02:14.840 --> 0:02:18.520 Morpheus offered Neo a red pillar or a blue pill, 0:02:18.919 --> 0:02:21.680 and you know, he woke them up out of the 0:02:21.720 --> 0:02:24.440 Matrix and he offered Neo this red pillar blue pill, 0:02:24.440 --> 0:02:26.600 and he said, if you take the red pill, you're 0:02:26.600 --> 0:02:29.360 gonna remember everything. You're gonna know what's happening, and you're 0:02:29.400 --> 0:02:31.280 gonna deal with that. If you take the blue pill, 0:02:32.480 --> 0:02:35.160 you'll forget everything. You go back to sleep like nothing 0:02:35.160 --> 0:02:38.760 ever happened. And sometimes I wish I didn't have the 0:02:38.760 --> 0:02:40.560 red pill. Sometimes I wish I didn't know this, but 0:02:40.600 --> 0:02:43.480 you can't unsee it once you've seen it. There are 0:02:43.480 --> 0:02:45.720 a lot of people that go through life oblivious to this, 0:02:46.040 --> 0:02:48.080 and they're just living their best life and they have 0:02:48.240 --> 0:02:50.480 no idea what's going on. And so sometimes it's like, 0:02:50.480 --> 0:02:53.880 maybe that'd be the preferable way, But I like to 0:02:53.880 --> 0:02:56.000 say that the ostroge with the head in the sand 0:02:56.800 --> 0:02:59.560 is still gonna get eaten. It doesn't help it. It 0:02:59.639 --> 0:03:04.400 doesn't protected iron Rand would say that you can ignore reality, 0:03:04.919 --> 0:03:07.720 but you can't ignore the consequences of reality, And so 0:03:07.919 --> 0:03:09.400 we don't want to be oblivious. We want to know 0:03:09.440 --> 0:03:11.240 what's going on. We want to pay attention, but not 0:03:11.440 --> 0:03:13.080 just so we know, and we get all stressed out 0:03:13.080 --> 0:03:14.480 and we get all worried about it. No, no, no, 0:03:14.480 --> 0:03:17.799 no no. People say that knowledge is power, but that's 0:03:17.840 --> 0:03:24.200 not true. Knowledge with action is power. Actionable knowledge is power. 0:03:24.360 --> 0:03:27.400 Otherwise I mean, shoot, rather have ignorance is bliss. I 0:03:27.440 --> 0:03:31.239 suppose if you're not gonna do anything about it, then 0:03:31.280 --> 0:03:35.000 why even know the information in the first place? You know, um, 0:03:35.040 --> 0:03:37.040 what is the serenity prayer? You know, God, give me 0:03:37.800 --> 0:03:40.000 peace over the things I can control and not and 0:03:40.080 --> 0:03:42.520 let go of the things I can't. Something like that, right, 0:03:42.520 --> 0:03:45.480 And it's like what can we control? Like if I 0:03:45.760 --> 0:03:47.880 can control it, if I can do something about it, 0:03:47.880 --> 0:03:50.160 then I want to know. And if I can't, then 0:03:50.240 --> 0:03:52.760 then maybe ignorance is bliss. But we know, I know 0:03:52.960 --> 0:03:56.760 you know you're watching this, your red bill. I'm Morpheus 0:03:56.800 --> 0:03:59.120 her Neo of giving you the red pill. You've woken up, 0:03:59.120 --> 0:04:01.760 So now what are you just gonna sit there and 0:04:01.800 --> 0:04:03.680 be worried about it? You're gonna be scared about it? 0:04:03.800 --> 0:04:06.400 Or are you gonna do something about it? And so 0:04:06.440 --> 0:04:08.200 as I like to kind of repeat over and over 0:04:08.200 --> 0:04:11.520 and over. Uh, in the words of one of our 0:04:11.560 --> 0:04:14.480 founding fathers, Samuel Adams, is that, um, you know, we 0:04:14.520 --> 0:04:17.440 need to spread these brush fires, as we said, right, 0:04:17.480 --> 0:04:19.360 spread the brush fires in the minds of man. That 0:04:19.400 --> 0:04:23.560 means listen to this, but then think about it, Discuss it. 0:04:23.680 --> 0:04:26.480 Discuss it with your wife, your husband, your boyfriend, your girlfriend, 0:04:26.520 --> 0:04:31.800 your kids, your coworkers, your neighbors, your friends. Talk about it. 0:04:31.880 --> 0:04:35.200 Discuss these ideas, Wrestle with them, get to know them, 0:04:35.279 --> 0:04:39.760 talk them down into first principles, Ask why, what happens, 0:04:39.839 --> 0:04:42.279 and then what happens, and then what happens, and then 0:04:42.320 --> 0:04:45.680 what happened, and then what happened, second, third, fourth, fifth 0:04:45.800 --> 0:04:49.800 order thinking, discuss and wrestle with them. Get to know them. 0:04:49.880 --> 0:04:52.520 That's how we change. So it's not about just talking 0:04:52.520 --> 0:04:55.520 about a bunch of bad things. It's about understanding what's 0:04:55.560 --> 0:04:58.320 going on. So we can navigate this and not just 0:04:58.440 --> 0:05:01.160 navigate it, but we can take advantage and we can 0:05:01.200 --> 0:05:06.360 thrive on this. All problems, or I should say not all, 0:05:06.520 --> 0:05:10.080 but solutions are supposed to come to problems. And I 0:05:10.080 --> 0:05:12.720 say supposed to because today in this feat money world 0:05:12.720 --> 0:05:14.799 that we live in, where you know, trillions of dollars 0:05:14.839 --> 0:05:18.479 are being created, um and pretty much in the developed world, 0:05:18.480 --> 0:05:23.239 in the United States and Europe, etcetera. In the developed world, Canada, etcetera, Australia, 0:05:23.600 --> 0:05:26.719 we've pretty much taken care of every basic need and 0:05:26.760 --> 0:05:30.520 every problem. And so now people are creating new problems. 0:05:30.760 --> 0:05:33.040 Right now. You didn't call me by the right bro now, 0:05:33.120 --> 0:05:35.200 and I'm all angry about it. I can tell you 0:05:35.279 --> 0:05:37.480 in a third of world country, they don't care. There's 0:05:37.520 --> 0:05:39.520 nothing you can say to somebody a third world country 0:05:39.520 --> 0:05:42.200 that's gonna offend them because they have bigger problems to 0:05:42.200 --> 0:05:44.160 worry about. They're trying to figure out, you know, how 0:05:44.200 --> 0:05:46.400 to not get killed by their government for not putting something, 0:05:46.400 --> 0:05:48.320 you know, face masks on or they're not They're trying 0:05:48.320 --> 0:05:50.840 to figure out how to get a meal or not 0:05:51.000 --> 0:05:54.320 have their kids die of hunger. Real problems. But you know, 0:05:54.320 --> 0:05:57.240 in the United States, Canada, Australia, the world, Western, developed world, etcetera, 0:05:57.520 --> 0:06:00.599 we're just creating problems. And even more importantly, like I said, 0:06:00.600 --> 0:06:03.800 with this fiat money system, creating trillions of dollars. Now 0:06:03.839 --> 0:06:08.160 it's trying to solve problems that don't need to be solved. 0:06:09.200 --> 0:06:11.440 We don't need to figure out a way to to 0:06:11.440 --> 0:06:13.719 to regulate people to call people by their pronouns. We 0:06:13.760 --> 0:06:15.680 don't need to solve that. That's not a problem that 0:06:15.720 --> 0:06:18.039 needs to be solved. But we do have problems. We 0:06:18.120 --> 0:06:22.359 do have big, big problems, and we are supposed to 0:06:22.400 --> 0:06:26.440 have solutions come to these problems, and that creates opportunity. 0:06:27.080 --> 0:06:29.839 So no matter what's happening, no matter what problem we have, 0:06:30.120 --> 0:06:34.000 there's opportunities that are created because of those problems. And 0:06:34.400 --> 0:06:37.280 even better for you and I if we have our 0:06:37.320 --> 0:06:41.560 eyes open, we're paying attention. The bigger the problem, then 0:06:41.600 --> 0:06:45.200 the bigger the opportunity. So don't look at this as like, 0:06:45.200 --> 0:06:47.120 oh my gosh, I'm scared of the moralized. I don't 0:06:47.120 --> 0:06:48.880 want to do I can't get ahead, I can't get 0:06:49.000 --> 0:06:50.960 you know, all these bad things are happening. No no, 0:06:50.960 --> 0:06:53.559 no, no no, no no no no no. These all create 0:06:53.600 --> 0:06:57.039 opportunities for us. So that's why we pay attention. That's 0:06:57.040 --> 0:06:59.040 why we go through the news headlines, that's where we 0:06:59.080 --> 0:07:01.440 see what's going on. That's why we look at it 0:07:01.600 --> 0:07:05.160 through the three areas that we talk about each and 0:07:05.200 --> 0:07:09.320 every week. We look at things through the lens of politics, finance, 0:07:09.600 --> 0:07:15.120 and technology. We look for where those three merge. I 0:07:15.120 --> 0:07:17.680 don't want to talk about politics for politics sake. I'm 0:07:17.680 --> 0:07:20.280 not going to talk about redistricting the lines and how 0:07:20.280 --> 0:07:23.160 they're going to change the electoral college. But I will 0:07:23.200 --> 0:07:27.320 talk about the politics of the Omnibus Bill, for example, 0:07:27.360 --> 0:07:31.160 because that now handles um not just politics, but the 0:07:31.200 --> 0:07:35.000 politics of how we manage the finance, the markets, the money, 0:07:35.040 --> 0:07:37.960 which of course then in turn half of that one 0:07:37.960 --> 0:07:41.440 point seven shillion dollars went to Ukraine, which then destabilized 0:07:41.480 --> 0:07:45.760 the entire geopolitical um landscape and changes us from a centralized, 0:07:45.800 --> 0:07:47.840 unipolar world to a multiple of the world. So now 0:07:47.880 --> 0:07:50.280 we have all three of these things happening, and that's 0:07:50.280 --> 0:07:51.840 where we want to look at, and that's where we 0:07:51.840 --> 0:07:54.240 pay attention because that's what affects our lives. That's where 0:07:54.240 --> 0:07:57.760 we have UM, we have leverage. That's where we can 0:07:57.800 --> 0:08:00.760 affect change and we can change our lives. We can 0:08:00.800 --> 0:08:05.840 position ourselves to benefit from this information. And that's why 0:08:05.880 --> 0:08:07.120 we do it now. Like I said, I like to 0:08:07.120 --> 0:08:09.600 look at politics, finance, and technology, and the three really 0:08:09.640 --> 0:08:15.600 work together. It's that politics drives finance, right, they all vote, 0:08:15.640 --> 0:08:17.720 they pass a bill, let's dump one point seven shillion 0:08:17.760 --> 0:08:22.760 dollars in the ecosystem. So politics changes the market, the economy, 0:08:22.960 --> 0:08:27.440 the money. And then we have technology that solves the 0:08:27.440 --> 0:08:31.720 problems that the market and the politics and the system demands. 0:08:32.760 --> 0:08:34.920 And so all three of those work together. That's why 0:08:34.960 --> 0:08:37.800 we talk about that the decentralized revolution. How the world 0:08:37.840 --> 0:08:41.160 is changing, how it's going from a centralized world to 0:08:41.280 --> 0:08:43.880 a decentralized world. It happens on about a two hundred 0:08:43.960 --> 0:08:47.200 and fifty year time frame, like a pendulum that swings 0:08:47.240 --> 0:08:50.680 back and forth. And of course it's always technology that 0:08:50.840 --> 0:08:54.640 changes the world the most. Technology is what reshapes the world, 0:08:55.040 --> 0:08:59.120 changes how we organize and how we manage ourselves. If 0:08:59.120 --> 0:09:01.240 you're just tune in, I'm just finishing up a long ranch. 0:09:01.280 --> 0:09:03.240 You're listening to the Mark Mo Show. We're talking about, 0:09:03.240 --> 0:09:05.920 of course, the decentralized Revolution. And I went into a 0:09:05.920 --> 0:09:08.560 long ranch explaining what that is and why it's important. 0:09:09.200 --> 0:09:12.400 I'm gonna get into some of the biggest breaking news 0:09:12.520 --> 0:09:15.240 headlines of the week to really drive these points home. 0:09:15.600 --> 0:09:17.720 I got some big ones to cover this week some 0:09:17.760 --> 0:09:20.440 big fireworks we've been happening. You don't want to miss this. 0:09:20.559 --> 0:09:22.600 I'm gonna come back. I'm gonna cover these things and 0:09:22.600 --> 0:09:24.800 put it in all the context so you know what's 0:09:24.800 --> 0:09:26.640 coming next, well, what you should be doing it, and 0:09:26.720 --> 0:09:29.000 most important that you can benefit from it. I'll be 0:09:29.080 --> 0:09:32.160 right back. Don't go away, all right, welcome back. If 0:09:32.160 --> 0:09:34.120 you're just tune in, you're listening to the Mark Moa Show, 0:09:34.160 --> 0:09:37.320 and we're talking about the decentralized Revolution. I just filled 0:09:37.320 --> 0:09:39.640 you in on what that means and what we're talking about. 0:09:39.880 --> 0:09:41.400 And of course, like I said, we talked about it 0:09:41.480 --> 0:09:43.960 through the lens of politics, finance, and technology. And the 0:09:44.040 --> 0:09:50.040 technology that's changing the world right now is D centralization. 0:09:50.880 --> 0:09:54.959 And we're talking about bitcoin, not cryptocurrency. We're talking about bitcoin. 0:09:55.400 --> 0:09:57.800 All the other twenty thousand cryptocurrencies are trying to solve 0:09:57.840 --> 0:10:02.280 something else. Bitcoin solved D centralization and it's changing the 0:10:02.280 --> 0:10:04.680 world from a centralized world to a decentralized world. Now 0:10:05.080 --> 0:10:08.240 I talk I've been talking about bitcoin publicly since it 0:10:08.320 --> 0:10:12.320 was five. I started making videos. I think when bitcoin 0:10:12.400 --> 0:10:16.000 was around seven hundreds or thousand dollars um. I was 0:10:16.040 --> 0:10:20.160 talking about buying bitcoin at fifty dollars and it's sixty dollars. 0:10:20.160 --> 0:10:22.120 And I've seen comments from you guys saying, oh, Mark, 0:10:22.440 --> 0:10:25.880 you were talking about buying bitcoin at fifty now it's 0:10:25.880 --> 0:10:28.960 stand I said, yeah, And I was also talking about 0:10:28.960 --> 0:10:30.679 it at one thousand, and I'll be talking about it 0:10:30.720 --> 0:10:33.280 when it's at a million two now. I do think 0:10:33.280 --> 0:10:37.360 that the price is one of the least interesting aspects 0:10:37.360 --> 0:10:40.360 of a new technology, any new technology, because it's the 0:10:40.360 --> 0:10:42.680 technology that we're that's it's going to change the world, 0:10:42.720 --> 0:10:47.679 that's important. You know, Facebook stock is down seventy Does 0:10:47.679 --> 0:10:51.280 that mean Facebook doesn't work anymore? No? Facebook still works perfect. 0:10:51.720 --> 0:10:53.800 And so just because bitcoin's prices down, does it mean 0:10:53.840 --> 0:10:58.000 it's not censorship resistant, immutable money that's peer to peer, 0:10:58.080 --> 0:10:59.960 that that gets you out of the grip of these 0:11:00.000 --> 0:11:03.160 centralized institutions. No, it still works perfectly. It's still centers 0:11:03.240 --> 0:11:05.920 of resistance, it's still immutable, it's still money that I 0:11:05.920 --> 0:11:08.840 can control that nobody can manipulate. It's still digital cash, 0:11:09.320 --> 0:11:11.600 it's still digital goal, it's still a Swiss Bank account 0:11:11.600 --> 0:11:13.520 in my pocket. It's still all those things. Just like 0:11:13.559 --> 0:11:18.200 Facebook still works fine when the stock is down, the 0:11:18.320 --> 0:11:22.120 network is growing, the development on the network is growing, 0:11:22.120 --> 0:11:23.560 and the price will take care of itself, and the 0:11:23.600 --> 0:11:26.760 price is rallying hard. As a matter of fact, Bitcoin 0:11:26.800 --> 0:11:30.719 has been in this very tight band for quite some time. 0:11:30.760 --> 0:11:33.240 As a matter of fact, it's we we we you know, 0:11:33.280 --> 0:11:35.960 it's it's known for its volatility, how much the price 0:11:36.000 --> 0:11:38.880 swings up and down um. And we've been kind of 0:11:38.960 --> 0:11:41.640 joking about bitcoin. It's been in such this tight price 0:11:41.760 --> 0:11:45.440 range that it's almost like the stable coin, so to speak. 0:11:46.040 --> 0:11:49.680 But not anymore. We've got some fireworks. Bitcoin is moving. 0:11:50.040 --> 0:11:54.360 Bitcoin has been in this uh fifteen sixteen thousand dollar 0:11:54.440 --> 0:11:58.319 price range all the way back to November of last year, 0:11:59.280 --> 0:12:01.760 and it is opped. It's come up. As a matter 0:12:01.760 --> 0:12:04.640 of fact, we did see a little kind of breath 0:12:04.679 --> 0:12:07.079 of hope in December when it got up to about 0:12:07.080 --> 0:12:11.520 eighteen thousand, uh quickly got back down into sixteen thousand again. 0:12:12.280 --> 0:12:15.280 But now it is up. We've seen Bitcoin has popped 0:12:16.080 --> 0:12:21.120 almost twenty percent. If we go back to kind of 0:12:21.160 --> 0:12:24.520 where it really met, it's low was about fifteen five 0:12:25.200 --> 0:12:29.199 in November, and we we have Bitcoin is up since 0:12:29.280 --> 0:12:32.840 that time. That's at the time when you know the 0:12:32.920 --> 0:12:36.360 NASADAC and the Dow and everything else else is still down. 0:12:36.600 --> 0:12:38.920 And when bitcoin moves, lots of other things start moving. 0:12:39.000 --> 0:12:41.400 So look at this, I mean there's some big moves here. 0:12:41.440 --> 0:12:46.080 We got coin base, which is probably the oldest and 0:12:46.120 --> 0:12:50.200 the largest bitcoin um place to buy bitcoin coin Base, Uh, 0:12:50.240 --> 0:12:52.800 they are a publicly traded company. It's the ticker coin 0:12:53.280 --> 0:12:56.360 and they are up forty four percent on the move. 0:12:56.960 --> 0:13:01.080 And that's in uh oh, that's daily. I mean that's 0:13:01.120 --> 0:13:04.480 in just a couple of days. That's since uh January six, 0:13:04.520 --> 0:13:09.400 So in the last last week or so, the coin 0:13:09.440 --> 0:13:12.840 based stock is up almost fifty percent. So when bitcoin 0:13:12.960 --> 0:13:17.400 moves up, coin based stock jumped up almost fifty percent. 0:13:17.480 --> 0:13:19.720 And it gets even better. Now there's a couple of 0:13:19.760 --> 0:13:23.920 publicly traded bitcoin mining companies. One of them is called 0:13:24.120 --> 0:13:27.000 Riot r I o T is their ticker, and just 0:13:27.080 --> 0:13:30.679 in the last couple of days we've seen that just 0:13:30.920 --> 0:13:34.840 with bitcoin pump as well. Since just in the last week, 0:13:35.240 --> 0:13:40.520 we've seen Riot jump up eighty eight percent. Boom, that's 0:13:40.520 --> 0:13:43.560 a big one. Now, obviously it's still way down. Don't 0:13:43.559 --> 0:13:46.000 get me wrong. Um, if you had bought in at 0:13:46.000 --> 0:13:48.680 the top, um, you know you're down. But if you 0:13:48.760 --> 0:13:50.760 got in at the bottom of this bitcoin bounce, you're 0:13:50.800 --> 0:13:53.320 up almost You've almost doubled your money in a week, 0:13:53.920 --> 0:13:57.440 and that's not to be outdone. Mara is another really 0:13:57.480 --> 0:14:00.080 big bitcoin mining company. Now. The reason why bit in 0:14:00.160 --> 0:14:03.520 mining moves much bigger than bitcoin is the same reason 0:14:03.559 --> 0:14:07.439 why gold miners moved much more than gold. If gold 0:14:07.480 --> 0:14:10.400 goes from whatever it is, hundred bucks and ounce to 0:14:10.520 --> 0:14:12.640 two thou dollars an ounce, cool, it went up bucks. 0:14:13.120 --> 0:14:15.440 But if I'm a gold miner with a hundred million 0:14:15.520 --> 0:14:17.400 ounces in the ground, so I went from a hundred 0:14:17.400 --> 0:14:20.160 million ounces times two is different and same with the 0:14:20.160 --> 0:14:22.840 bitcoin miners. It gives you leverage over that. We saw 0:14:22.960 --> 0:14:28.360 Mara pump up um a hundred and twenty percent. You've 0:14:28.440 --> 0:14:31.360 more than doubled your money if you were holding onto 0:14:31.360 --> 0:14:33.160 one of these miners. It's good to see some life 0:14:33.160 --> 0:14:35.520 coming back into the space. We need the bitcoin mining 0:14:35.520 --> 0:14:38.520 in the ecosystem and it's important to have that now 0:14:38.760 --> 0:14:41.320 as bitcoin and I've been talking about this for a while, 0:14:41.760 --> 0:14:44.600 calling sixteen thousand in the bottom. Of course, we don't 0:14:44.640 --> 0:14:47.440 know the bottom until we're looking backwards on it, but 0:14:47.480 --> 0:14:50.160 there's dozens of reasons why I think it's the bottom. 0:14:50.560 --> 0:14:53.800 I will say I do believe it's the bottom. However, 0:14:54.440 --> 0:14:58.240 if and this is an if, if the market's overall 0:14:58.280 --> 0:15:00.840 the dawn Aza, etcetera. If the mar gets crash again 0:15:00.880 --> 0:15:03.400 and we see another thirty draw down, like a lot 0:15:03.440 --> 0:15:07.160 of people think we might, then Bitcoin might also drop again. 0:15:07.440 --> 0:15:11.480 It might the larger macro picture is certainly at play here, 0:15:12.040 --> 0:15:14.560 but there's no certainty of that now. Um. With this, 0:15:14.640 --> 0:15:16.880 like I said, the entire system is is is coming 0:15:16.880 --> 0:15:18.720 back to life. And we saw El Salvador, which of 0:15:18.720 --> 0:15:21.600 course as a nation, was the first nation to adopt 0:15:21.600 --> 0:15:24.200 bitcoin as a legal tender. I've been down there in 0:15:24.240 --> 0:15:26.640 El Savadoor many times and it's pretty cool. You can 0:15:26.640 --> 0:15:29.000 go around spin in your bitcoin all around town. It's 0:15:29.000 --> 0:15:30.760 really cool. It's brought a lot of hope, it's brought 0:15:30.760 --> 0:15:33.920 a lot of prosperity to to El Salvador. And they 0:15:33.960 --> 0:15:38.600 have a goal to pay back their debt by raising 0:15:38.680 --> 0:15:43.080 money in bitcoin. They're calling it a volcano bond, and 0:15:43.120 --> 0:15:45.400 they had originally wanted to put this volcano bond into 0:15:45.400 --> 0:15:49.240 place in November of two one. Um, the problem is 0:15:49.240 --> 0:15:52.680 is that you know, between the bitcoin price selling off, um, 0:15:52.720 --> 0:15:55.080 they decided to kind of hold that back. They wanted 0:15:55.080 --> 0:15:59.680 to raise one billion dollars in these bitcoin back bonds UM, 0:15:59.720 --> 0:16:02.840 so they wanted to launch it in March two. They 0:16:02.880 --> 0:16:07.080 postponed it, but the Digital Assets Bill was finally introduced 0:16:07.080 --> 0:16:10.000 to the Legislator Assembly at the end of November two 0:16:10.360 --> 0:16:13.680 and they just passed it. Sixty two people voted for it, 0:16:14.000 --> 0:16:17.280 sixteen people voted against it, but it went through. And 0:16:17.280 --> 0:16:18.480 what they're gonna do is they're going to create a 0:16:18.520 --> 0:16:21.360 new token, a digital token that you could buy that 0:16:21.360 --> 0:16:23.680 you're basically buying into the debt now when you buy 0:16:23.920 --> 0:16:27.240 the they're raising this a billion dollars to pay down 0:16:27.240 --> 0:16:29.880 its sovereign debt because they're on the hook with the 0:16:29.920 --> 0:16:32.840 i m F, which doesn't like their bitcoin um operations. 0:16:33.120 --> 0:16:36.440 They want to take money to start mining bitcoin in 0:16:36.520 --> 0:16:39.680 El Salvador on the volcano, hence the name Volcano Bomb, 0:16:39.960 --> 0:16:41.760 and they want to fund the construction of a new 0:16:41.880 --> 0:16:45.920 bitcoin city in El Salvador, which is gonna be pretty cool. 0:16:45.960 --> 0:16:48.040 So it's cool to see that going. And this is 0:16:48.080 --> 0:16:52.280 exactly how the world changes through competition. We need to 0:16:52.280 --> 0:16:56.840 see countries trying other things. Let them mine bitcoin on 0:16:56.880 --> 0:17:01.239 their volcano celibate, a volcano bond, build out city, attract 0:17:01.360 --> 0:17:05.600 new people, attract new investment capital, more entrepreneurs. And if 0:17:05.640 --> 0:17:07.520 other nations see them doing that, there's a lot of 0:17:07.520 --> 0:17:10.280 other places that have volcanoes. Maybe they'll do it and 0:17:10.280 --> 0:17:12.080 they'll say, well, we have a volcano, we can do 0:17:12.119 --> 0:17:14.320 it here. Why don't you guys come here and we'll 0:17:14.359 --> 0:17:17.800 start to see the world reshift. Remember, technology is what 0:17:17.960 --> 0:17:21.560 changes the way the world organized. This is very exciting stuff. 0:17:21.920 --> 0:17:25.960 If you're not paying attention, hopefully you are now all right, 0:17:26.000 --> 0:17:28.720 if you're just tuning in, we are listening to the 0:17:28.760 --> 0:17:31.560 Mark Mos Show. Of course, we're talking about the decentralized revolution, 0:17:32.240 --> 0:17:34.000 and we look at it through the linds of politics, finance, 0:17:34.040 --> 0:17:37.880 and technology. This is it's all right. It's uh finance, 0:17:37.880 --> 0:17:40.240 they're gonna pay off their bonds, and politics they voted 0:17:40.240 --> 0:17:42.679 to pass it. It's technology, it's bitcoin, and it's going 0:17:42.720 --> 0:17:45.000 to change the world. I got a lot more stories 0:17:45.040 --> 0:17:46.840 to cover when I come back, some big ones you 0:17:46.840 --> 0:17:49.160 don't want to miss. We're gonna talk about what's going 0:17:49.200 --> 0:17:51.840 on in the economy here in the United States and 0:17:51.840 --> 0:17:54.440 what to expect from the economy. We're gonna talk about 0:17:54.480 --> 0:17:56.919 some of these big, big problems that happened this week 0:17:56.960 --> 0:18:00.120 in the United States and what this means for society 0:18:00.440 --> 0:18:03.439 UM overall. And then we're going to talk about um 0:18:03.560 --> 0:18:08.520 some bigger things about the world shifting the geopolitical lens. 0:18:08.560 --> 0:18:10.400 So you listening to the Mark Mascha will be back 0:18:10.400 --> 0:18:13.120 with all of that in a minute. Don't go away, 0:18:13.200 --> 0:18:15.359 I'll be right back. All right, Welcome back. If you're 0:18:15.400 --> 0:18:17.359 just tuning in, you're listening to the Mark Moss Show. 0:18:17.359 --> 0:18:20.720 We're talking about, of course, the decentralized Revolution. We're running 0:18:20.720 --> 0:18:24.320 through the latest breaking news of this week, talking about 0:18:24.880 --> 0:18:28.359 how the world is changing through the lens of politics, finance, 0:18:28.520 --> 0:18:31.280 and technology. And there's a lot going on if we 0:18:31.400 --> 0:18:33.960 if we look at just we'll jump into the United 0:18:34.000 --> 0:18:35.800 States and then we'll go out to the broader world 0:18:35.840 --> 0:18:39.399 to bring this onto perspective. But you know, while the 0:18:39.440 --> 0:18:43.720 world is rapidly changing, the economy is struggling, and I 0:18:43.760 --> 0:18:45.720 know a lot of people are concerned with this. We 0:18:45.760 --> 0:18:49.600 saw massive laffs happening everywhere. Amazon laid OFFFS like seventeen 0:18:49.640 --> 0:18:55.600 thousand people. UM. Layoffs are happening, businesses are falling, and 0:18:55.640 --> 0:18:58.960 at the same time, prices are escalating. You know, We've 0:18:59.000 --> 0:19:00.800 been talking about this inflation for a long time. I've 0:19:00.800 --> 0:19:03.080 talked about it over and over and over. It's a 0:19:03.080 --> 0:19:08.080 big deal, um. And supposedly, you know, it was transitory, right, 0:19:08.240 --> 0:19:11.480 Supposedly they told us that it would be it would 0:19:11.480 --> 0:19:13.720 be transitory, just be going away. It was just temporary. 0:19:14.160 --> 0:19:16.160 And now of course they're celebrating it. Right. We see 0:19:16.560 --> 0:19:18.920 the Federal Reserve and the government coming out, all right, 0:19:18.920 --> 0:19:20.639 we brought prices down, you know, we got them from 0:19:20.720 --> 0:19:24.920 nine down to seven percent inflation, which doesn't really tell 0:19:25.480 --> 0:19:27.919 the truth at all. As a matter of fact, we 0:19:27.960 --> 0:19:29.960 saw this week big news went around. You might have 0:19:30.080 --> 0:19:33.960 seen that the cost of eggs has completely skyrocket. And 0:19:33.960 --> 0:19:35.919 now I've heard from a lot of you that in 0:19:36.000 --> 0:19:37.560 your store a lot of times you can't even get 0:19:37.600 --> 0:19:41.200 the eggs. So there's eggs shortages happening everywhere. And of course, 0:19:41.440 --> 0:19:45.320 supply and demand prices aren't hard to figure out. All 0:19:45.359 --> 0:19:47.680 you gotta do is look at supply demand. So if 0:19:47.720 --> 0:19:52.040 there's not enough eggs to meet the demand for the eggs, 0:19:52.359 --> 0:19:56.160 what happens. Prices go up, shortages happen, things like that, 0:19:56.520 --> 0:19:59.400 and that's exactly what happens. We've seen that it's really 0:19:59.440 --> 0:20:02.880 taken a dawn into household budgets. I saw I posted 0:20:02.920 --> 0:20:06.080 on my Instagram account a chart of the eggs. I mean, 0:20:06.119 --> 0:20:08.359 it looks like this hockey stick going straight up, and 0:20:08.359 --> 0:20:12.320 it was like, if you'd invested in eggs two years ago, 0:20:12.359 --> 0:20:14.439 you'd be a millionaire something like that. Of course you 0:20:14.520 --> 0:20:16.880 have a bunch of rotten eggs as well, but it's 0:20:16.920 --> 0:20:19.560 just interesting to show you how fast that's gone up. 0:20:20.000 --> 0:20:24.440 And we saw that just in December alone, the price 0:20:24.440 --> 0:20:28.400 of eggs went up sixty from the year earlier, which 0:20:28.440 --> 0:20:31.520 is a pretty big deal. So everyone's you know, praising 0:20:31.560 --> 0:20:33.959 themselves for getting inflation down, but yet here eggs are 0:20:34.000 --> 0:20:35.920 going through the roof and like I said, in some states, 0:20:35.960 --> 0:20:38.520 it's hard to even find them. The problem with this 0:20:38.560 --> 0:20:43.439 inflation is that it's steals your wealth, it's stills your life, 0:20:43.520 --> 0:20:46.240 it's steals your purchasing power. So, um, you used to 0:20:46.240 --> 0:20:48.760