So the big question is this, how do investors like us get access to the ideas, information, and most importantly, the right people that give us the tools of information we need to make informed and educated decisions to have success. That is the question, and this podcast will give us the answers. This is Mark Moss, your host. Let's get this started. Hello, and welcome to another episode of the
Market Disruptors podcast. Today we're gonna go over some of the big news that's been happening over the last couple of weeks, and I'm gonna answer the question that I've been getting a lot. One of those has to do with a lot of the regulations and a lot of the talk that's been coming out of the top government
officials over the last couple of weeks. And just to recap a little bit, I mean, we've gone in the last ten years from having no such thing as cryptocurrencies to having bitcoin in this you know magical internet money too, then you know, being a joke being laughed at, to then being called names, rat poison, fraud, scams, things like that, to now having governments afraid right we have multiple countries
are still thinking about banning it and regulating it. We have the President of the United States now tweeting about bitcoin. We have the Secretary of the Treasury talking about bitcoin, and it's come so far. We had the Secretary of the Treasury Montion, he's talking about um bitcoin and you know, they really want to run this narrative of it only being used for illicit activities, which we know is false. If if, if you don't know UM, it is false.
Bitcoin is an open ledger. That means all the transactions are open for everyone to see. Now, it is somewhat anonymous. However, for the most part, with modern technology that we have today, with chain analysis and so forth, you can trace those transactions back to find out who they belong to. So it's not really private. And that's how people get busted, like Ross Olbrich from Silk Out, who's serving double life sentences for building a website. But that's a whole another topic.
But we have, you know, we have this a narrative that they're trying to push that it's that it's only used for a list of activities and and all it does is help you know, terrorists and drug dealers and things like that. And it was it was interesting that he pushes that narrative even though most of its false. And he was on with Joe Squawk from CNBC and he said, well, as far as I know, the dollar is the most used for that, and Moontion went on
to say that, no, it's not. The dollar has never been used for nihilistid activity, which is just absolutely ridiculous. We see billions and even probably trillions of dollars of fines that the banks are paid for laundering money. We know that dollars are still the main currency of choice for any type of drug dealing or anything like that. UM, So for him to come out and say such a matter of factly, UM, it's just blatant lies. Right, It's
not even misinformation, it's just blatant lie. And it just kind of shows UM, just kind of shows their true motives. Right at the end of the day, it's about protecting the US dollar, and so we know that the US dollar is weak. I'm actually doing a two part video series on YouTube right now talking about UM the history of how the US dollar became the world reserve currency
and how it's failing right now, right before eyes. If you understand the transition UM from the past when it took over from Britain when the US took over from Britain, and you understand how that process didn't happen overnight, but over thirty years, and you understand the process that happened. It actually sheds light onto what we're seeing right now today. Then I'm not gonna go into all those things. If you want more, go back to the go to go
to YouTube search Mark Moss and watch those two videos. However, you know, we know that the US dollar is falling in its reserve currency status. It's being challenged. It's been challenged by China, Russia, and Iran since two thousand fifteen with the oil um but now this year it's really turned up with the you starting their Insects program, which is basically a swift system. Now, the swift system is how the US moves money and the world moves money
through the US financial system. And now with the EU are allies Germany, France, etcetera, now partnering up with our enemies Russia, China, Iran. The US is finding itself on the outside. You know, you kick enough people out of the party and eventually you're the only one there. And
that's kind of what we're seeing. And so you know, the US is the US dollars really having this time, this tough time, And that's why we see this talk from Donald Trump, That's why we see this talk from Moonshin, etcetera. They're really trying to protect the dollar. Now, what's because of that? A lot of people are scared. A lot of people in the United States are scared that. Um, if they're really trying to protect the US dollar, will they outlaw bitcoin? That's the question I've been getting and
asked a lot. Will they outlawed? What are the risks? Like? What what can they do? Right? So there's a couple of things that I want to say about that. First of all, we know that bitcoin cannot be stopped, period. That's it, right. It can't be stopped. So no one can stop it. Nobody can shut it down, nobody can block and prevent it. Um, nobody can see it, steal it, manipulated. It can't be done, right, So we know that. However, what can they do? Well, they could make it illegal
to own. They could definitely do that. They could say, you know, if we catch you with it, it's life in prison or something like that, or something even more drastic. Um. So they could do something like that, but they can't stop it. Now, a couple of things will say about making it illegal. We'll say, first of all, you know, there's lots of things that illegal. The War on drugs is a great example, and they haven't done very good with that. Right. Take take marijuana for example. Um, it's
been illegal for a long time. It's now starting to become legal, but it's been illegal for a long time. And now, think about marijuana. You have to grow a plant, so you have to have land, and you have to have lights, and you have to have like all these things and room to grow this plant in the open. And then you know it takes people to harvest it and package it and transport and all these things, and yet they can't stop it. They can't even keep it
out of prisons. Right. Think about bitcoin, it's digital. How can they stop it. They can't even see it. Think about how much easier that would be to transfer, right, So they can make it illegal, That doesn't make it go away. It definitely doesn't make it go away globally. Maybe in the United States it might put a damper in it. But I think if if people are told they can't have it, it just shows the reason why they need it that much more. The other thing is
that it's already being adopted in other countries. And so you know, it's like the movie The Matrix, right, take the red pillar, the blue pill. If you take the red pill, you see the reality, but you can't go back. And so the world has been red pilled. The world has been red pill. We see, we see what bitcoin can do, and it can't It can't go back, it can't be unseen. And and if the United States decides to shut it down, the rest of the countries will
jump ahead. And I'm going to talk about what other countries are doing to jump ahead, but let's stay on this topic for just a minute. Um. So I don't see them making it illegal. I just don't see that happening. Another reason why I don't see that happening is because of the financial system. So you if you have to understand how the way the political system works, and the
political system, unfortunately, is mostly bought right. So you have big corporations lobbying the government to get their laws and regulations passed the way they want them. So lobbying is a really really big business, and being being in politics is a really big business as well. Right, so you have you have all these people lobbying and paying these politicians to influence, um, the direction of these laws and regulations. And who are the biggest donors. Who are the biggest lobbying, Well,
it's mostly Wall Street. It's mostly financial companies. Now I know that bitcoin is really designed to get rid of them. However, at this point, the financial industry has really embraced bitcoin. So we have Goldman Sacks, which I would say is at the top of the heap, top of the stack, Goldman Sacks. If you work to Goldman Sacks, you probably work in the government. If you work in the government, you work in Golden Sacks. It goes back and forth. Um,
they're in cryptocurrencies, right, even directly and indirectly. They own a company called Circle. Circle owns polonia x, which is the one of the largest crypto exchanges in the US. They own it. Right, So we have that. We have t DM air Trade, we have Fidelity, we have e Trade, we have the New York Stock Exchange. Um, we have the CFTC. All of these companies have gotten into bitcoin products.
I would say that collectively they have spent billion at least a billion or billions of dollars to get into bitcoin products, trading desks, custody solutions, um except futures, etcetera, etcetera. Right, So, these these companies have spent, you know, collectively a billion dollars to get into these bitcoin products, and at the same time they're the ones that are influencing policy in
the government. I just don't see that these companies spend a billion dollars into a product or an asset that's going away. I just don't see that happening. So, um, those are a few reasons why I don't think it's going to be um made illegal for US citizens. As much as they want to do that, UM what I would suspect they'll do, if anything, as we'll start to slowly clamp down on it and regulate it and just
make it more and more difficult. But the problem is it's the dangerous game because as the rest of the world jumps ahead, then we could see the US falling further and further behind. So we'll see how that plays out. Now we know some of the other countries are already jumping ahead. So we've seen headlines about Iran and bitcoin mining in Iran. UM I've even seen headlines about Iran
sanctioning bitcoin mining. We've seen making headlines was Bulgaria. Bulgaria somehow got into a seizure of of a bunch of bitcoin. I think it was two two hundred thousand sees the bitcoin that's worth about two billion dollars. So Bulgaria is in on about two billion dollars worth of bitcoin. To put this into perspective, Bulgaria owns a bunch of gold as well, as you might imagine, as any sovereign nation would, knowing about forty tons of gold, and it's worth about
one point seven billions. So they have bitcoin that's worth more than gold. Imagine that now they've seized this. They didn't necessarily buy it to add to their stockpile, but they have it, and it's gonna be very interesting to see what they do. I think, you know now over the next year, so we'll start to see these countries adding bitcoin to their strategic reserves. And at that point, the game theory kicks in. Right at that point, it's
a race to see who can acquire the most. And so that's really going to influence the United States and what they're doing. And like I said, if these financial institutions jumping in aren't enough. I mean it's already starting right.
So we have the highly anticipated BACKED. We've been waiting for back to come online for quite some time and Backed is is UH with the n y S, the New York Stock Exchange, and they've been waiting approval for a really really long time and supposedly they're now starting their testing and so we're ready to get that product online. And it is going to be a physically settled UM, which if we have to have derivatives in the marketplace, I prefer physically settled because at least you're not trading
with paper. At least it affects the supply and demand of bitcoin because you actually have to purchase the bitcoin to deliver it UM. So that's good news. We've been waiting on BACK, and I think that's really going to UM send the market higher. So we're gonna see what happens with that. But you know, there's other companies that have been moving faster. We have rs X and we have ledger x UM they were able to secure CFTC approvals for these physically settled contracts UM. You know, we
have some other ones as well. So the competition is really heating up in that space, and I think it's really gonna push bitcoin higher for the rest of the year. So that's going to be interesting to see. UM. So we kind of have two sides of it. We have UM this crackdown that's coming right. We have the Trump and and moonshin talking about it. We have UM you know, we have a little bit more crazy representatives actually saying they should ban it altogether, which I don't think it's
gonna happen. We have you know, the state of New York trying to go after a bit for x um. Now they're going after a bit next, which is a derivative trading platform because they haven't done enough to keep US people off of the exchanges. So we're seeing this crackdown. But on the other side, we're seeing these financial institutions really going full steam ahead. And I think at the
end of the day, they have more. They have they have more say, they have all the lobbying, right, and they're the ones that are really influencing the way this goes. So we're gonna see, We're gonna sit back, we're gonna watch, We're gonna report this. I'm gonna continue to bring on um more people in the space, attorneys that can really talk from a much higher level exactly what's going on. But it's gonna be interesting either way. We're at a
very transitional time. I think when I think in the future fifty or a hundred years from now, history books will be written about this time period that we're in right now. This time period right now is very transitional, and I think history books are going to look back at this time period and go, one, what the heck were they thinking with these monetary policies, um and to um, Wow, this is when that technology was born that really changed the world. That's where we're at right now. That's the
transition that we're in right now. I'm just thankful and and happy to be alive and involved in the space right now, and hopefully you are too. So that's it. That's what I got for the update for this week. Hopefully that makes sense. Hopefully that's enough to catch you up. Like I said, we'll bring on some more guests to dive in deep on this stuff. If you haven't already, please go give me some feedback, rate rate and review
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I really appreciate you listening and I'll see you next time on the Market Instructors podcast.