Talking with Jessica Hodlr

by a good friend today, Jessica. You can find her on Twitter at Jessica Hoddler h O d l R if you want to give her a follow and and say what's up. But Jessica, thanks for joining me today. Well, thanks so much for having me. I'm really excited to be here. So we have been having some technical difficulties here in the studio. We'll go ahead and just tell you, guys, because we're both a little bit frazzled here. I've been

running around like crazy making making videos. I've weady done several hours of content today and I got several more hours to go with technical difficulties in the studio. Couldn't get the cameras up and running, and Jessica even and Jessica and I even had to start recording and it wasn't recording that we're starting over. So uh oh man, the joy of the joy of doing this. But you know, I remember, um, I've been I've been making contents, specifically,

like for video content. I started my YouTube channel in a two thousand and eighteen and so bitcoin had topped out in two thousand seventeen, um, and then it crashed famously from almost twenty thousand nineteen thousand and change, um, and then you know, January eighteen and on and on and I went down. I actually started writing a cryptocurrency research newsletter in twenty sixteen, so I was already researching and writing it, but I didn't start doing like content

on YouTube until and then. And then through that year of eighteen, um, you know, January was coming down in February and March, and we kept thinking it's gonna go back up, It's gonna go back up. There's still like a lot of excitement because seventeen were so amazing, um, But by the end of eighteen, it was like, oh my gosh, like I don't know if this is ever

coming back. And then we go into like twenty nineteen, and now we have like a year, year and a half of this, and it got to a point where I was like, on YouTube, I'm like, what the heck am I even going to talk about? Like there's like nothing going on. It's like completely dead, and I was like searching for topics. But yet now here we are, and it's like I'm making like multiple videos a day. I mean, it's insane. And then yeah, being busy, it's

definitely not a bad thing, that's for sure. Yeah, but I'm just talking about with just the amount of content to cover, I mean, to stay on top of what's going on, it's like a full time job right now because it's all moving so fast. Yeah, it's absolutely insane. What's going on. Um. The one thing I've been seeing is, uh, the all the markets are melting down, of course right um, but the cryptocurrency space, the bitcoin spaces, is not immune

to that. When we did our fake attempt at recording before, you were just talking about before I cut you off, how you were in a on a session I think with BTC sessions, which shout out to BTC sessions. By the way, if you want to learn how to uh learn more about the technical side of big coin, like how to use you know, your own self storage your own cold storage, um, your own bitcoin note. Things like that. No better follow than BTC sessions. You can check them

out on YouTube. But anyway, so you're talking about how you were on a sessions with him, and you guys were all kind of um enjoying. I guess is that the word you were enjoying Watching the price of bitcoin crash. Well, so it hadn't gone down to twenty two and twenty one yet, so we were saying like, oh, you know, we need to we need to see it going lower,

We need to see more blood in the streets. Maybe, you know, people need to get wrecked in order to understand like what the Bitcoin Maxi's are saying, Um, because we're so toxic, you know. Um, And then it came down. But from that standpoint, um, the crypto people need to get wrecked a little bit to get to see kind of the Bitcoin maxi viewpoint. But Bitcoin Maxi's are down as well, so aren't Bitcoin Maxi's getting wrecked just like the crypto bros? I mean, for me, this is an

incredible buying opportunity. Um, I think this is once in a lifetime since especially since we reached sixty nine, all almost seventy and now we're down to one. Uh and this is the time where you can stacks at build generational wealth at a discount. When did you start buying and really getting involved and paying attention. So it was and it was just me. I talked to my friends

about it, and they'd be like, what you're insane? Um. And for me, I mean it was just okay, like I'm just gonna buy some and hold it and I'm never gonna sell. And this is before I was even on Twitter, like seeing the never sell diamond hands and all that stuff. Um. And then I saw that it hit like two seen and then I didn't pay attention to the price. And then when I got onto Twitter, and that's when I like really started paying attention, you know,

joining the community and stuff. Yeah, so then you Um, I was looking at this report here of the seven biggest draw downs in bitcoins history, which in June June, um, that was a big one, but that was like when it had just got started, mout cox Feld, so they kind of take that one out. It's like an outlier. In twelve we saw drop fifty we saw dropped eighty

three percent, So that was no joke. So that was right around the time it was on my radar and I was gonna buy in and it was going up, up, up, up, up up, and then it crashed UM, and then I decided not to buy. I didn't get until UM and so then UM we have December UM through to December, which we were talking about before UM it dropped eight FO. So you you got in early. You saw I go from I don't know, sixteen I don't know if it was five bucks probably something like that. I'm just guessing

up to twenty thousand, and he felt really rich. And then you watched it go down all the way down to wherever it ended up dropping down, I don't know, around four or five thousand or six thousand dollars something like that. How was that give give give us, give us some, give us, some war stories or some what What

What was going through your mind? Honestly, it was just literally just me and my mom talking about it, and we were just we would just say to each other, Okay, like it doesn't matter, We're just going to hold on to it, like we know this is life changing UM digital gold money UM. And really at that point what kept us in the game was like, we know this is freedom money. We know this is going to change

the world, this is going to change people's lives. And so we would literally just say to each other, we're never selling. So you really thought that back then you were that you had that much conviction. Wow, that's for sure. I would. I'll admit. When I started buying, I was looking for a way to get money out of the United States banking system. So I was working on going into Panama and setting up a trust and Panama, putting money in the Panama and panamoney and bank um if

that's the right word, Panamanian bank. And I was doing that so I could get residency and work on a way to citizenship, which I know you help people with um and so I just but then I looked at bitcoin again. I was like, that's kind of same thing. I can get money out of the bank um. And then I started, I started buying it. And then as

I started learning more I did. I was like, this is this is a tool, this is how we can win, this is how we can defeat the Federal Reserve, you know, get rid of this money printer cartel that they have. And so I gotta tell everybody I know about it, and I did um, and so I haven't haven't shut up since here I am still talking about it. But then, you know, I admit, righteen, I got into the crypto space and I fell into the you know, it's not bitcoin,

it's blockchain, I'll admit um. And so in ten I think by the end of it was already starting to kind of be clear that bitcoin was definitely breaking out um from the rest of the crypto space. UM. I can't remember if I was all in like you where I was like this for sure is going to be life changing or not. UM, But I guess I was

because I never sold. I've never really I traded a bunch of way, you know, through the through through my crypto phase, and I wish, I wish I could wish I could go back and get a redo on that, but I can't. UM. But you know, other than that,

I never sold anything. Yeah. Honestly, I think what kept me from getting into the whole coinery stuff was because when it popped, I was in college, so I didn't even have time to like look at anything else, so that you were distracted by the way you're listening to the Mark Moa show, we are talking about bitcoin, We're talking about cryptocurrencies. We're talking about the decentralized revolution. I'm in the studio with a good friend, Jessica. You can

find her on Twitter at Jessica Hoddler. That's h O d l R. We got a lot more to talk about, talking about some of these big drawdowns in bitcoin's history and some other big breaking news when we get back. We'll be back in just a minute, so don't go away, all right, Welcome back. You are listening to the Mark

Moa Show, and we are talking about bitcoin. We're talking about the decentralized revolution that we are witnessing right now, and uh more specifically talking about the meltdown that's happening in the UM overall markets and of course in the cryptocurrency on bitcoin space. I'm in the studio with a good friend Jessica. You can find her on Twitter at Jessica Hoddler. And before the break, we were talking about UM our experience of going through UM. The last time

that we saw bitcoin breakdown in a big way. We're talking about back in two thousand seventeen. We're actually really into into two thousand eighteen. UM. It crashed at a high end December seventeen, and I was kind of given my perspective. And before the break, Jessica was saying, how, um, she didn't really transition from bitcoin into the rest of the crypto space because she was so busy with college she never got a chance to. I think that was

about right. Yep, that's exactly what happened. Well, being busy was good for you, I suppose, because like I said, I probably I traded away so much bitcoin chasing all these other ald coins, and I did good with them. Um. But you know, overall, if I could have a redo, I would just go back and just keep the bitcoin that I originally bought it. And if I would have

done that, i'd been in such a better place. Of course, we don't get redus in life, unfortunately, but what we can do well we can do, though, is make sure we don't make the same mistakes twice. And so that's what I do. UM. So we had that one in December seventy was draw down. March that was the you know, when the whole world got locked down. It fell fifty percent, and then May one it fell fifty three percent. Um, and now here we are down about sevent So UM.

You've been through one both of us have been through one draw down right now, we're sitting at about um, I don't know at the time of this is today right now, which is about a seventy percent draw down from its high. Yeah, that's exactly what it is. Yeah. Um. And so you know, if if it were to go down to it's it's it's worst a previous drop, which is that would bring it down to about ten thousand, are you prepared for that? Oh my gosh, that would

be insane. And I mean that it's just an incredible opportunity. Yeah. I remember. Um, I remember March pretty vividly. Obviously it wasn't that long ago, twenty years, two years ago, and I remember like seeing the entire I've been waiting for the financial markets to crash for a long time and so um, it's like this confirmation bias, I suppose. And when it all started falling apart in March, I was like,

this is it. It's over, like the whole not just Bitcoin, but the entire financial markets, Like it's it's going down there, locking down the world, the markets can't take this, etcetera. And I remember watching bitcoin plunge and uh drop and it was like four thousand I think it went all the way like thirty and I was literally watching Trading View at the time watching it go down. I can remember exactly like where I was sitting and everything, and uh,

it was pretty scary. I'm gonna be honest. I didn't back up the truck and start buying. I I think I started buying at maybe as it was coming back up, but like maybe forty five or five thousand is something like that. I don't know. I remember being pretty dang scared. Yeah, no, for sure, And I mean it's definitely not for the faint of heart. Um, But I mean once you once you read and understand and see and what it can provide the world with, I mean it's it's kind of

hard to ignore. Yeah, but I mean, uh, it's it's impossible to ignore the benefits that it's bringing to the world if you spend the time to look at it. Right. So, there's still so many people that say, um, there's no use case, which is just absolutely insane. I suppose if all you've if you've never left the United States in your life and you're ordering eight dollar Latte's, you might have that viewpoint. But if you've ever been outside the

United states. To think that there's no use case at all, it's just insane, wouldn't you think, Oh no, absolutely, Um, you would have to be living under a rock to think it has no use case. Yeah, what what would you say? Some of the biggest use cases are that you see that that really proved how valuable it is. UM. I mean, especially with the Lightning network, how quickly and practically free. Um. You can send money. Um, anyone can have access to it. You don't need to show an idea,

open a bank account, etcetera in order to use it. Uh, it's unconfiscatable and permissionless money. Yeah. I think that that that first part that you said, Um, you don't have to show I D So it's permission lists. So bitcoin is border lists, and it's trust list, but it's permission list and so you know right now, UM, per the un I think there's about two billion adults in the world today that don't have access to banking. Two billion adults. It's about half, maybe a little bit more than half

of the adults in the world. And the reason why they don't have access to banking for the most part, most of them is they don't have permission to join if you're born. If you're a fifteen year old kid born in Iran, for example, you're not allowed to join the financial system. Um. In some places like Al Salvador, they can join it, but it's so expensive that they can't afford to join it. And so Bitcoin is permission lists.

Anybody can join it and it's free. And that's a that's a big deal, right, Oh, it's I think it's a beautiful thing. I mean, for half of the adult population to have an opportunity to even accumulate and save some sort of wealth is just unheard of, especially now with the money printer going on. Yeah, I look at that like the smartphone, and I think about that being

like one of the greatest equalizers. Everybody's talking about equality, right and um, which is a whole different conversation, but I think that the smartphone is one of the greatest equalizers because no matter where you're at in the world, you could learn anything, you could meet anyone, you could do anything. And for the first time, a kid with a smartphone could, you know, start a Instagram account and make a hundred thousand dollars. And so it's an equalizer.

But not if that kid can't join the financial system right, and bitcoin fixes that and and and bitcoin fixes that. So um, it was cool. I have you been down to El Salvador? I haven't, Um, I've been wanting to, but just haven't been able to yet. I was thinking about making another trip down there this summer, so I'll keep you posted on that. But oh yeah, please. Do you know when I was down there, I was shocked. And I've been down there multiple times on surf trips,

but I was down there specifically working with bitcoin beach. Um. It amazed me that, you know, a lot of these people they don't have bank accounts because it's so cost prohibitive, and so they need, you know, fifty bucks a month or whatever to start a bank account, and they don't

make that much to justify that. And also even a lot of the like some of these poor areas, you know, they have you know, roadside stand selling papoosas or coconuts or whatever, and they don't do that much business, and so they don't do enough business to justify a point of sale or a credit card account. And so you have all these little stores that can't get merchant systems or credit cards, and then you have all these people who can't get in the banking system. So basically none

of them can get into the global economy. They're stuck in a local economy. And back to that, you know, kid with a Instagram account analogy. UM, without having access to the global markets, you're stuck in that local area. And of course bitcoin fixes that. UM. You're listening to the Markmas Show. We're talking about bitcoin. We're talking about the decentralized revolution that the world is going through as bitcoin changes politics, finance, and technology in the world as

we know it. I'm in the studio with a good friend Jessica. You can find her on Twitter at Jessica Hoddler. Let's h O d l R. We're talking about, unfortunately, talking about bitcoin melting down, the depths of bitcoin and our experience with it. We're talking about the use case and we'll talk about where it's going. UM. And we got some really big stories to cover when we come back in a minute. UM, specifically talking about um, the flip side of a world without it and bank runs

that are happening in China right now. We're back with that more in a minute, So don't go away, all right, Welcome back. You are listening to the markma Show, and we are talking about bitcoin, we're talking about the decentralized revolution. We're talking about UH. We're talking about through the lens of politics, finance, and technology to help things bring things into context, we can understand them in the world today, and of course there's no shortage of formation. I'm in

the studio with Jessica. You can find her on Twitter at Jessica Hodler that's h O d l R. And we were talking about the pain that we're seeing in the bitcoin, in the cryptocurrency space and UM, kind of comparing it to some previous crashes. So the last time we've seen bitcoin, UH and the cryptocurrency market crash this hard was back in two thousand seventeen, where bitcoin saw about an eighty three percent draw down. Jessica was saying, how that, you know, she just held because she saw

some of these benefits. And we were talking about some of these benefits such as UM, such as UH, you know, permission lists and how that's a big deal in the world. You know. One of the other things, Jessica that I see as a big benefit is that for the first time in history or for the history of mankind, we can hold our wealth in a way that can't be confiscated. And so um what we've seen. You know, when banks collapsed throughout history, people lost all their money in the banks.

We're seeing that happen in the cryptocurrency space right now. People have their money in platforms like selsie us and they can't get their money back out of that. People have their money in Tara Luna stable coin and they can't get their money back out of that. Um. But if you hold your money in bitcoin, or I should say not your money in bitcoin. But if you're holding bitcoin and you're holding it yourself, there is really no chance in losing that if you do it correctly, right, Yeah,

And it's all dependent upon self responsibility. If you hold your keys, you hold your coins, and you know, if you practice uh safe keeping your bitcoin in safe spaces, then you know that's upon you. If you can hold it on in exchange, then you know you're not holding your bitcoin. And it's an I, it's an iou right and and and and what I say is like that's the whole benefit of it. For the first time in history, we can store a wealth in a way that can't

be confiscated. But anytime you give your asset to somebody else, there's counterparty risk and so you run the risk of losing that. And so that's what's happening in the in the cryptocurrency space. Like I said, with Celsius and with Terra Luna, etcetera. The problem is that while those things are much more risky and maybe while you weren't taking the risk with those, unfortunate when those blow up, they

bring that risk to your front door. Yeah, unfortunately. So right, And I guess you know, as long as you can have that long term perspective, then I you know, you can be okay. But it's tough. It's tough for a lot of people who have been in the short term. Yeah, it's all about having that long term horizon and zooming out. You know, if you have a four month um timeline, uh, you're you might see a drop. But if you're on a ten year timeline, then you know, you're you just

see it go up. Yeah. Yeah, I think you know one thing, it's it's easy to get that long term perspective, you know, when you've been in it for a long term. Um, it's probably much harder if you've been in it for a short period of time. But you can just look back through history, and what we've seen is that there's never been I believe it's a three year period where

you would have been under water. So if you would have bought the last high in December, we're talking about it about nineteen thousand, it took about just under three years. I think it was like two point nine years to get back to twenty again. And so, uh, with real estate, you would typically say something like, you know, don't buy real estate that you don't plan on holding for at least five years. And so with bitcoin, it's kind of like, well, don't buy bitcoin that you're that you plan need in

less than three years. Um. Do you think that kind of a mindset helps out? Yeah? I think it does. And you know, during times like this, if you know, you just put your head down your building, um, you're you know, you're stacking SATs um. I think it's easier to see it through that lens, especially if you're reading you know, like g g Um Marty bentz uh and and talking about real estate. If you had bought in you have people who are doubling their money in two years. Yeah,

So it's just about having that. I think having that perspective that really makes a big difference. And and having that and having that long term time frame, you know, I I think about it back to kind of like real estate. If I told you that, you know, in five years from now, we're going to build this new stadium outside of town, and if you went and bought lots, um, you know, land around that area when that stadiums built's

gonna be worth a lot of money. But let's say that you did, and then a year from now, um, the lots next to where you bought are down there cheaper than what you paid for. What would you panic and would you sell your lot? Well, you don't know. The answer would be, well, is that stadium is still going to be built? Are they working on permits? Have they got plans that they got their funds? Are they

doing construction? And as long as that's still on track, then you would want to continue to hold and maybe you would even buy that that other lot that came up for cheaper. If you found out there was like nuclear waste on the land and they could never build there, then maybe you would sell right away. Um. And so when you're looking at bitcoin through that lens, is there anything that's broken? With the network itself. Have they found nuclear waste with bitcoin or is it still on track

with where we where where we think it's going. I mean, what would you say about that? Well, it's interesting because um Sailor actually recently said if I gave you a hundred billion dollars to build another bitcoin, you couldn't. So I feel like that's a pretty powerful statement. And I mean you can see that people are constantly building UM, people are using it, and I feel like also the

adoption trend is really important. UM. You know, the more people that come into bitcoin UM and the more people that want it obviously, UM, you know, the price is

gonna affect that. So yeah, now that's a good point. UM. I first kind of learned about this by Andreas on Topolus and he basically kind of made the same point as well, where like bitcoin is kind of like this anomaly where it was created over a decade ago when nobody knew anything about it, nobody cared, and that allowed it to grow, kind of allowed it to grow in

the wild, UM and get stronger. And it got strong because of the decentralization, So more and more and more people started running nodes, and more and more people started mining it, and all that mining power has made it so strong and made it resistant to attack, and nobody knew about it. Nobody cared about it, so nobody tried to attack it. The problem is today is everybody knows about it, and so smaller chains that have tried to

copy tried to copy what Bitcoin have done. They don't have the network, they don't have the miners, they don't have the nodes, and so they're easy to attack, and people do they People can rent hash power, attack them double spend um. But Bitcoin is too big for that now. So kind of to the point that you made, or that Michael Saylor was making, there's no way to recreate that today because everybody would know what you're doing, and it would be attacked and killed before it would be

able to grow and be strong enough. Yep, that's exactly right. And um, I don't feel like people uh can rup their their minds around the true uh positiveness about decentralization because I mean, they deal with banks every day and and they're just used to the central banking system, and I feel like some people can't really see the true power of decentralization. Yeah. Well, and and they probably they don't. They don't know what that means. They probably haven't even

taken the time to think through that. It seems like a big problem that I see in the world today where people are kind of parroting headlines that they see and they've never actually taken the time to think through that. Do you see that being a big problem? Yeah, definitely. I mean, and this is separate of bitcoin. Also, you just have people parting other people's ideas just because they want to, you know, virtue signal um. And people don't do their own due diligence, They don't do their own

research because they're told not to. And um, yeah, yeah, I've I've I've maybe I used to be more guilty of that, um being that now, Um, you know, I get so many comments across all these platforms, thousands of comments a week. I have to be more careful of what I say, which has been good, so it makes

me think about it. But a lot of times, you know, even today, I'm a little bit guilty of it in a sense where like I'll be flipping through Twitter, right and somebody will make this like really compelling statement and I might go, Wow, that's true, that's right, And like Dang, that's good. I hadn't thought about that. But then what I do is I go through all the comments, and the comments are great. Twitter is great for this because then I can find all these comments of people arguing

against it. It's like every post is almost a debate, you know, and then you see all these are the viewpoints, and you're like, damn, I didn't think about that. Well, actually so I thought. I thought I agreed with that headline and I had that opinion. But now I see the flip side. I see a different than of Twitter is great for that. Um, you're listening to the Mark Moa show, and speaking of Twitter, I have Jessica on with me right now. You can find her on Twitter

at Jessica Hotler. That's h O D l R. And of course if you're not following me on Twitter, then you should be. And that's at number one, Mark Moss. That's just the number one, Um, just the numeral number one, Mark Moss. We're talking about bitcoin. We're talking about the decentralized revolution, and I want to talk more about what happens when you lose money to the bank. We're back with that and more in a minute, So don't go away.

All right, welcome back. You are listening to the Mark Moa show talking about bitcoin, talking about the decentralized revolution and how the world is changing right before our very eyes. Of course bitcoin is uh, it's in the down trend right now. It's painful, but you gotta maintain focus, eyes on the prize. As they say. I'm in the studio with my good friend Jessica. You can find her on Twitter at Jessica Hoddler h O D L R jes go. Um. You know we were talking about um. When you give

your money to somebody else, he creates counterparty risk. And so people that put their money into Celsius, people that put their money into Tara Luna token, or people that leave their money in the bank like in Cyprus when it when it collapsed. And um. One thing I saw this week that was pretty crazy. Actually just today was in China. Now China, for a lot of people don't know, China's got serious, serious problems on their hands. They have a massive debt crisis. They make the United States debt

crisis look tame, but they have. But but it's a bigger problem than just the debt crisis because of all the dither crisis as they have like what like energy, They don't have any energy. They have to import eighty five cent of their energy. The US has energy. Most of their food import inputs to make the food have to be imported, so they can't even make the foods. They have energy crisis, they have a food crisis. They have a water crisis. They don't have any natural water

like the United States we have big lakes. They don't have that, and whatever water they have has been massively contaminated. And then the biggest and worst problem is they have a massive demographic cliff. Forty years of one child policy has made it where now they have all boys under forty years old and a very small population. About half of the Chinese population will be gone in twenty five years.

It's a massive, massive problem. Of course, as the money supply grows and people people grow, you have massive growth. When money supply goes down and the population goes down, to the problem. And so China has all these problems and now there's a there was a bank run this week and uh the ink run. What is what happens is when just like what happened with Terry Luna Um, when too many people go to get their money out because they're afraid they're not going to get it back.

They want to be the first one there to get it. If too many people go to pull their money out, um, then there's not to go around and it creates a run. And that's exactly what happened in China, where people were going to pull their money out of the bank, and it could have created a big problem for China, but China solved it in a way that we haven't seen before, in a way that wasn't so good. And it says

that China's bank run victims planned to protest. They were going to have a protest, but then their COVID health passports turned code red. So this we talked about this credit score system, and basically what happened is in order to prevent the people from getting together and creating this protest um, everyone turned red, which then means they were deemed to be high risk and then nope, and then they were banned from any public venues and they they

broke that down. Now we people like uh put their life stavings in the bank and they couldn't get it out and now they can't even protest. I mean, is that a dystopian world or what Jessica. Yeah, I mean that's insane and I mean, hint, this is why you have unconfiscatable and permissionless money UM. And it's insane because

this is happened. This has been happening in China for a while, and they've been holding people hostage in their homes because of COVID and then people were starving to death that they ended up throwing themselves out of their apartments because they were so hungry. And now they have these health apps that show either green or red, with green meaning that you're able to go places, and your freedom of movement is strictly dictated by this color code

system that was implemented by the government. And uh, just f y I this is what the World Economic Forum wants. And conveniently enough, they had just their meeting in Davos, UM and they talk about this all the time. But as you were saying, with the red code, this is usually assigned to people that are infected by COVID. So coincidentally enough, those people that were trying to protest the banks UM were flagged red and they weren't able to go. Yeah,

it's crazy. It says here that this this guy they're talking about how to put his life savings about six million one or or about almost nine dollars into a bank hasn't been able to draw a penny. Over the past two months, thousands of depositors like him have been fighting to recover their savings from at least four banks. In late May, hundreds of them traveled um to zin Zong from across China and stage the protest outside the office.

Another protest was planned for Monday, but as the depositors arrived, they were stunned to find their health codes, which were green upon departure, had now been turned red. Uh. And then and then they were taken into quarantine by guards and locked up. Interesting. Yeah, and it's it's pretty crazy because you're immediately banned from all public values and transport um. And like they were, they were subject to weeks of government quarantine. And this quote unquote health app that they're

implementing is more like a good citizen app um. And it's going to do a point where, like we joke on Twitter all the time, oh, if you tweet something, uh that's like opposing your government. Uh, They're going to say, oh, you tweeted this today you're not allowed to go to the grocery store or go outside, but you actually have these people who are actually experiencing it. Yeah, I mean that's exactly what happened, right. It's like, um, and and

I don't I don't know exactly how that happened. Like, most likely they probably didn't tweet about that they were going to the protests. It probably picked up on their location.

It was probably tracking them, right, maybe well, China has a social system, so it might have been a combination of seeing what they talked about on social media articles they had read, maybe they booked a plane ticket, a hotel room, and then they had their location and then they're like, Okay, these people are going to do this

shut them down. Yep. No, It's like big brother. And it's really sad because these these government officials will probably never see the day where they're held accountable because there's power is omnipotent. Yeah, and uh, you know, this is what many of us are are warning of that this whole goal to put our whole lives into a passport, install this credit core system is is what's coming. And we warned that this is exactly how it can be used.

And um, you know, I think you know a lot of people are like, oh, no, it would never be used that way. It's only gonna be used for good, which, uh, maybe they have good intentions. The problem is is giving anybody that much power over your life eventually somebody will probably use it for bad intentions. And also what is good and what is bad? Right like my u for them, their version of bad, I should say, for the Chinese government, their version of bad is having anybody say anything about

having their money stolen. That's bad. But to me that would be good. Like if someone stole my money, I should be able to speak out about it. And so you can see that good and bad are different things, two different people, ye know for sure. And it's like we say, if you give too much power to the government in a crisis, they'll create more crisis. Is in order to take more power. Yeah, that's exactly what's happening.

On a on a different note about taking power, we did see that in Canada it looks like they're finally about to lift their restrictions. So that's pretty good for anybody who doesn't know. Um, if you haven't taken the vaccine in Canada, you're not even allowed to leave the country. Um, so that's pretty big news. Now. One thing that says that if you have a dual citizenship, then you're most likely okay to leave with a non Canadian passport. I

know that's something that you work on a little bit. Yes, And we've actually been working a lot of with a lot of Canadians lately, just because you know, they don't want to be forced to make certain medical decisions. Um, so we've they've been very interested in second passports, and um,

we've been helping them. Yeah, I mean, having a second passport, it's it's kind of like insurance where, um, you know, insurance is a waste of money until you actually need it, but then when you need it, you're glad you have it, right, And I would imagine a second passport is somewhat similar. It's kind of a waste of money until you actually need it and then like you might need it for your life, which these Canadians have found out about. Yeah, I know for sure, a second passport is a hedge

against your government. Yeah, hedge against your government. Right, And even in the United States, I mean, just look at what happened with COVID. The United States passport went from being one of the best passports in the world to being one of the best, I'm sorry, the worst passports in the world, where no country would would have you with the US passport. If you want to know more about that, checkout Jessica's company at plan B passport dot com.

Plan b passport dot com. You're listening to the Mark Ball Show. We've been talking about bitcoin. We've been talking about the decentralized revolution. I've been in the studio with my friend Jessica. You can find her on Twitter at Jessica Hoddler h O d l R and of course on on Twitter at one Mark Moss. If you're not following me, then what are you even doing? So give us a follow up, give us shout out and say

what's up. Um. We're trying to cover the play by play here talking about bitcoin, cryptocurrencies and the decentralized revolution, the biggest thing we'll ever see in our life. And it's a little bumpy right now, but together we'll get through it. But that's what I got for you today. Thanks so much for listening. We'll see you next time.