Hello, and welcome to another episode of The Mark Moss Show, where of course we're always talking about the decentralized revolution, talking about, of course the way the world is changing through the lens of politics, finance, and technology. Of course that technology is bitcoin. It's changing the world. But we like to look at all three of those disciplines, politics, finance, and technology because those are the driving forces of the world.
And rather than looking at each one of them in a silo by itself, we'd look at all three of them where they converge, so we can have a better context to what is going on in the world today. And of course in those three realms, in those three disciplines, there is no shortage of information happening. We are moving at a breakneck speed. So it gives me a lot
of stuff to talk about. And today we have a big show coming up for you because it has been massive fireworks going on in the political and the financial space, well yeah, and even the technological space in a sense where we've been talking about really since last year.
I told you that the the.
Crackdown on the cryptocurrency space was going to becoming full scale assault, and it has. I told you that Gary Gensler and the SEC had egg on his face and he was coming hard for crypto, and he has and as bad as things have gotten, all.
The sudden things are turning around. This is big, big news.
So we're going to talk about this anti crypto conspiracy that's been happening, how all that got set up, what's been happening.
What historical parallels are.
We're going to go all the way back to the eighteen hundreds and pull some historical parallels forwards.
You can understand that we're.
Going to talk about this new institutional adoption that's happening, who's getting involved, who the Federal Reserve is partnering.
With on this.
We're going to talk about, you know, the institutional backlash. We're going to talk about these different institutions, what's happening there.
And then of.
Course we're going to talk about what you need need to be watching and paying attention to, and more specifically, how you can be playing this to take advantage of this as is all unfolds.
It's a big show. I got a lot to cover. It's exciting stuff.
So I want to go ahead and just jump right in now. Like I said, talking about this anti crypto conspiracy. Now, I've been talking about this a lot as a matter of fact. You know, last year, obviously we covered the entire cryptocurrency market collapse, starting with terror Luna crashing, which then led to this domino effect of Thurero's capital, and then Celsius, FTX and buying Ince started duking it out. Look FTX would the last one standing, and then FTX collapsed.
Sam Bankman freed, who is you know, pending charges, you know, defrauded about sixty billion dollars worth of money. No big deal, looking like he potentially could get out of a bunch of these felony accounts, maybe get a slap on the wrist. And I guess that's what you get for, you know, being the Democratic Party's largest largest donor forty million dollars to the Democratic Party. But that's another story for another time.
But what I said after that, and I didn't make any friends from doing this, And I wasn't trying to start up controversy, nor was I trying to make anyone angry, although I certainly did. But I went and I said, look, if you understand how the cryptocurrency space works, then you'll understand why this is going to change things. And why, as I stated back then, we will not see another cryptocurrency bull run. Now I said cryptocurrency as a category,
and I'm saying cryptocurrency, not bitcoin. I'm using bitcoin, and cryptocurrency is different. Now why did I say that, Well, I don't want to go all the way back through that. You can go back and listen to those those shows on the podcast, So just search Mark Moss Show on your favorite podcast player, or you can go onto the YouTube channel and search Market Disruptors on my Market Disruptors YouTube channel.
You can find those on there.
But basically, what I was saying is that you know, the SEC is it looks very bad, looks very very bad, and they were going to come full guns blazing and start cracking down on this and shutting it down. And certainly that's what's happened now, as I said, to not another bull run. And the reason why I said that is because if you go back to like twenty seventeen, that was kind of the real first really really really big cryptocurrency as a category bull run. It's when I
started making content regarding this subject as well. Bitcoin went from one thousand dollars to twenty thousand dollars in that year of twenty seventeen ethereum, I don't remember the exact dates, went from somewhere like five or ten dollars up to I don't even remember seven eight hundred dollars. At the time, it was, it was a crazy time. But then something happened. In December of twenty seventeen, there was a choke point
all of a sudden in Unison. The banks shut down access to get into cryptocurrency, the social media platforms shut down all advertised of cryptocurrency, and just like that, a ground to a halt. The entire market collapsed. Now at that time, back in twenty seventeen, early twenty eighteen, we were talking about how the Wall Street institutions were not
happy that they got left out of this. So typically when you go back through technology booms, look at the dotcom boom in the early two thousands, late nineties, it's the institutions, it's Silicon Valley, it's Wall Street that gets into these deals. First, they get first crack venture capital deals, and then eventually when it goes public, you and I, the retail public, can get in and we typically get dumped on. They got in early, made the money, they
dump on us, we lose money. That's how it works. But in this cryptocurrency boom, it.
Was the people.
It was the retail people that got the money, and all the institutions were left out. So at the time back there twenty seventeen, twenty eighteen, I started talking about how they weren't.
Happy about this.
Wall Street wanted to get in and they wanted to kind of shut this down while they had time to get back in. Well, it takes Wall Street institutions a lot of time to get back in. And I think there's a very interesting parallest. Let me tell you a story about this. So on HBO there's a series called Deadwood, and now Deadwood is it's a fictional story about real events,
right about the gold rush, California gold Rush. So during the Dakota gold Rush, it was the regular people who got in really really early in that gold rush run and they're the ones that made the fortune. It wasn't the mining magnets, it wasn't the industrialists. And that was sort of like today there at this time that the crypto investors they got in, they were savvy speculators, right, But it wasn't that the magnets. It wasn't the industrialist
that got in. Now, in this fictionalized version of Deadwood, though, there was a wealthy miner's name is George Hurst, who was the father of publishing magnate William Randolph Hurst, and he swindled all of these, you know, retail savvy speculators out of their mining shares. Now, it's not too far from the truth. According to the rumors at that time, Hurst used intimidation, misinformation, and violence to actually force people to sell their claims. He even purchased newspapers in the
town to influence the public opinion. Now, if you recognize the strategy that Hirst used, does it sound sort of similar to how social media companies worked in Unison to ban all talk and all advertising of cryptocurrencies, and the banks also banned your ability to even move money in and out of these cryptocurrency exchanges. Sounds sort of similar
right now. In that bid to buy in really really cheap, Hearst agents started to float rumors that the government would seize all the land in the town, and so prospectors believed the rumors and they sold their mining shares for pennies to Hearst agents. Now, the conspiracy works right first and his partners they bought the biggest mine in the region.
It was called.
Homesteak for a basement a bargain price of only seventy thousand dollars would be worth about one point seven million in today's dollars, and Homesteak would become the richest gold
mine in US history. From eighteen seventy nine to two thousand and two, the mine produced forty four million ounces of gold and nine million ounces of silver At today's prices, that's a combined eighty six point two billion in precious metals that they paid one point seventy four And here's why I'm telling you this, because now we are seeing
the same thing Gary Ginsler's crypto reign of terror. Here he comes charges against Binance, charges against Coinbase, the two largest cryptocurrency exchanges in the world, you know, saying that all these alt coins are securities, forcing popular training platforms like Robinhood Dealers, and these tokens are plunging on the news.
Are they clearing the deck?
If you're just tuning in right now you are listening to the Mark Ma Show. Of course, we're always talking about the decentralized revolution, we're talking about cryptocurrencies, and we're talking about so much more.
I got to take a quick break. I'm going to be right back with more. So don't go away. We are back, all right, Welcome back.
If you're just tune in and you're listening to the Mark Mas Show, we're talking about, of course, the decentralized revolution.
I'm breaking down right now, what.
Is going on with this entire anti crypto crackdown as I've been calling it, but more importantly, the turn of events that just happened that is.
Blowing things wide open.
And yeah, I'm taking a little parade lap, maybe giving myself a little pat on the back, because I think I pretty much nailed this one by.
Again, if you're just tuned in, you've kind of missed.
But you know, I'm talking about how I, after the fall of FTX, the largest cryptocurrency exchange the United States, late last year, I predicted that cryptocurrency as a category would not see another bull run, but bitcoin, I said, would do very well.
Now I'm getting.
Into that right now, And I was talking about this historical parallel kind of the gold Rush days of how large investors cleared the deck to allow the big boys to come in and get their share, and that's exactly what it seems like we're starting to see. So Gary Ginsler, the twenty twenty three crypto Reign of Terror, going after Buyinance, going after coinbase, labeling all coins as securities, forcing exchanges to delist them, Robinhood to delist them, all these things.
Everything I said what happened has happened. These coins have plummeted in value because everyone's trying to get rid of them and there's no byside liquidity. Now I did say that I think it would be good for bitcoin. We're going to come back to that in a second. But here we have the largest, not one of the largest, but the largest asset manager in the world. We're talking about the behemoth of bohemoths. And if you don't know
who I'm talking about, I'm talking about Blackrock. Now, they're not a company I typically talk favorably of.
I call them the Evil Empire.
They're the largest company asset manager in the world, over ten trillion dollars in AUM as they call it assets under management. And with that ten trillion dollars of assets under management, they're the largest asset manager in the world and they own a majority of almost every publicly traded
company out there. If you look at almost any publicly traded company out there, you're going to find that there's they're owned by one of three companies, mostly Blackrock and then State Street and then Vanguard, and so they own almost every company. Now, I do want to say that.
Where did they get this money? Where did they get.
This ten trillion dollars? This is a very important piece. We're going to come back to this at the end. But it's your money. If you have a pension, if you have a four to one k a mutual fund, there's a good chance it's one of those three companies Blackrock, Vanguard, or State Street. I was explaining to this to one of my fireman buddies last week and he's like, oh, yeah, our funds with Vanguard, right, And so it's with one of those. But the thing is is like, how do
they use that money? Well, they use it against you. They use it against your better interest. And as a matter of fact, they have now taken this position as activist investors, like for example, Blackrock took over control and interest to Exxon and made them dive vest from their oil fields, which is kind of weird because Exon is an oil company. Now, wouldn't that hurt their profits, you might ask, And the answer is yes, it would hurt their profits. It did hurt their profits. But they don't care.
It's not their money. Their ideology over everything, which is why you see bud Light doing you know what they're doing, and you see Target doing what they're doing, and you see north Face and all these companies following suit because they don't care about the money because it's not their money. That's a whole other topic for a whole nother day. I've covered that extent in great deal on other shows.
But Blackrock is the behemoth of the behemoth. They are so big, as a matter of fact, that they're basically the partner of the Federal Reserve.
Yes, the Reserve.
As a matter of fact, If we go back to twenty twenty, when the FED was trying to bail out Wall Street as the entire world shut down through the pandemic, the FED had to inject money into the market that it wasn't legally able to do, and so it partnered with Blackrock to purchase bonds on behalf of the FED. All right, so they are partners with the Fed. They have been working with the FED now through this banking crisis to help the FED figure out and the Treasury
how to get money back into the banking system. They're helping out with Ukraine, kind of leading the charge on getting money into Ukraine. So they are partners with the feederser of their partners with the government. They are again the bohemoth of the bohemoth. Now, I want to just state that real quickly because I want you to understand the depth of this. Now, going back to this, we saw that in twenty seventeen, the CEO of Blackrock, Larry Fink,
called bitcoin quote an index of money laundering. That's in twenty seventeen. And we've seen Warren Buffett and his partner Charlie Munger many times go on call it rat poison, rat poison squared, you know, all these things. We saw Jamie Diamond from you know, JP Morgan Chase said that he would fire anybody in his company that was trading it. I mean, these were some bold, bold words. Now I don't hold it against him because everybody was a skeptic at one point.
But here we have Larry, the Black Rock.
CEO, arguably the most I mean, I say arguably him and Jimmie Diamond might argue about it.
I might.
It might tip my hat to Larry Fink, of the most influential financial people in the world. And money makes the world go round, you know, as Mayor Rothschild famously said several hundred years ago, give me control over the nation's money. I care not who makes the laws. And so that's kind of where they're at. So these institutions, these Wall Street institutions, were left out. It was retail that got in the game. The retail people made all the money in the crypto boom up to twenty seventeen.
They closed off the excess through the banking, they shut off the social media, and the markets crashed back down. Twenty eighteen, twenty nineteen, the markets rallied up again, but the institutions weren't ready to come back in again. As I said earlier, it takes years for them to get into position. It takes years to get all their you know,
regulations in place and things like that. It takes millions or you know, billions of dollars for them to build out the products and things like that for them to come in, and so they weren't ready. Next thing you know, Bitcoin's running again. The cryptocurrency market's running again. Bitcoin runs up to almost sixty nine thousand dollars. But wait, wait, wait, we're not ready.
We're not ready.
We don't have we don't have our products up and running the end.
We've been taking too long.
So going back to the old playbook that was ranting the gold Rush days, as they kind of explained the story of Deadwood, going back to the playbook that was ran in twenty seventeen and twenty eighteen, what do we do, Well, how about if we just make everybody think that the entire space is going to zero, just like in the gold Rush days, they made them think that the land was all going to be worthless, it was gonna be taken over by the government, it was all gonna be worthless.
And so everybody starts selling and guess what happens.
Well, if you're guessing.
That maybe the old bait and switch, maybe Blackrock, an institutional adoption, might be coming in, then you would be right.
And that is exactly what's happening.
Blackrock, the Behemoth of the Bohemoth is back in the game, or not back in the game. They are in the game and they are bringing the big heavy hitters with them. I want to tell you about their track record, I want to tell you about what they're doing. I want to tell you about exactly what this is doing to the market already and what you should be expecting this
from this moving forward. Now, if you're just tuning in right now, of course, you're listening to the Mark Mos Show breaking down the latest breaking news on the world of finance, politics and technology. Were talking about this bitcoin etf from Blackrock. I'm going to break all this down for you, tell you what should be doing, what should be watching. I'll be back with more than that in a minute. Don't go away, We right back, all right, welcome back. If you are just tuning in, you are
listening to the Mark Mass Show. Of course, we're talking about the decentralized revolution. We're talking about the way the world is changing through the through right before our very eyes. As I always like to say, the world that we're going to do is not the world that we're leaving behind. And things are moving fast, but as much as things change,
they happen to stay the same. And so this playbook that we're seeing, like I said, is right out of the eighteen hundreds from the gold rush days and we're watching it being played again in real time.
Now. The big news again is Blackrock.
Blackrock is coming into the game, the behemoth of behemoths, the largest asset manager in the world, ten trillion dollars of money, and they now last year they launched a private trust offering their institutional US clients direct exposure to bitcoin. All right, now, a lot of people, probably the number one objection to bitcoin that I would hear typically from anybody that doesn't own it or doesn't like it, is
won't they just make it illegal? Well, first off, who are they and would they make it legal?
And typically, you know, there's a.
Lot of ways that we could kind of counter that argument. And of course none of us know the history or I'm sorry, none of us know the future.
Anything could happen.
So could it be illegal, sure, But what's the most probable solution, what's the most probable outcome? And what I would typically say is that I don't think that they'll make bitcoin illegal for a number of reasons, and namely because there's too much entrenchment within the government. We have over twenty five thirty high ranking lawmakers in the government now that are bitcoiners that own bitcoin, that like bitcoin,
that are pro bitcoin. We have now, I guess, with Mayor Frances Sarez throwing his hat in the ring, we have four candidates running for president on a bitcoin platform.
Four presidential candidates.
Running on a bitcoin platform, over thirty high ranking government officials that are bitcoin. But then what I would also say, then we have about twenty five to thirty million Americans that own bitcoin. They're not going to like that. But then what I also say is that the financial system, and so you know, the black Rocks, the gold Goldman Sacks, the JP Morgans, the Fidelities of the world have been trying to get into They've been working on getting into
the bitcoin space for many years. They have been working with their regulators, They've been working with their tech teams. They've spent collectively, I'm guessing billions and billions of dollars to build out their ability to get into bitcoin services. They want to make the money, of course they do. They want the money, and so last year Blackrock launched a private trust offering institutional US clients direct exposure to Bitcoin.
Fidelity Digital Assets platform allows US clients to buy, store, and sell digital assets like bitcoin. If the biggest players like Blackrock and Larry Fink. If they've spent this time, if they've spent this money to get into bitcoin, you think they're just going to let the government make it illegal, just gonna lose all that money, all that time, effort and money they've spent, all the potential future money they
could make. They're just gonna let that go away. Well, you maybe don't understand the way the law actually works. So you see, we have these lawmakers in Washington, the legislators, but they don't actually write laws, they don't actually create them.
What they typically do is.
They sponsor a bill. But who rights the bill. The lobbyists write the bill, Then the legislators sponsor the bill and try to push the bill through, and then maybe it gets through. Now, who are the lobbyists. There's lots of special interest groups obviously at lobby but the financial institutions, the financial special interest groups are probably some of the biggest.
Probably the pharmaceutical companies are the biggest. But if it's the special interest.
Groups writing the bills and creating the laws, why would they write laws to shut their own business down? And the answers, of course they wouldn't, So anyway, those are typically my reasons as to why they wouldn't make it illegal. And so here we have it. You know, like I said last year, Blackrock already got in, fidelity Ge already
got in. While we're seeing Gary Gensler's reign of terror, the you know, shutting down the cryptocurrency industry, you know, going after coin Base, going after Buyin ince, there hasn't been any regulatory action against Blackrock or Fidality. One thing, again, as I started out talking about, Look, we're talking about bitcoin and cryptocurrency has two different things. When we say bitcoin, we're just saying bitcoin only, and then when we talk
about crypto, we're talking about everything other than bitcoin. And the reason why we say that is for a number of reasons. But bitcoin is is very different than the other whatever there is. I don't know twenty five thousand cryptocurrencies that are out there. Bitcoin is a commodity. The definition of a commodity would be something that is typically
brought from the ground into the centralized manner. So whether I grow corn or dig for oil, dig for gold in the US or Africa or Canada, corn is corn oil as oil, wheat is wheat. Anybody that can buy land, can get the oil, can get the corn, can get the gold, and it's all fungible. And so bitcoin is the same thing. Anybody can buy a computer get bitcoin. There's no central issuer, so nobody there's no central issue that gives me the corn of the oil.
I have to dig for it.
But with all the cryptocurrencies, they all were created by a central issuer. So like Ethereum, about seventy percent of the tokens were in a pre mind. So when they
created Ethereum, they created the tokens and gave them out. Anyway, I don't want to go super deep into all that right now, but we do know that the head of the SEC now Gary Ginsler, the previous head of the SEC before him, J Clayton, both said that bitcoin is a commodity, nothing else, and so we've been very clear to say, Look, this is why I said back last year that cryptocurrency as a category won't see another bull run, but I think it will be very good for bitcoin.
And that's what we have.
The cryptocurrencies are getting absolutely smashed, getting sold down, while Bitcoin is taking off to new all time highs off of this news, and as these crypto casinos like Coinbase like Binance are getting shut down. As I said, Fidelity Blackrock has had no regulatory action against them. Now recently Blackrock and Fidelity filed for bitcoin.
E t F.
All right, Now, an ETF is, you know, exchange trade of fund. It's a way that you can easily buy into a basket of stocks, you can buy into a basket of commodities, things like that. It's a way that it's a very easy way to get diverse fight access to a to an asset class, or buy something that it's not easy to custody, like oil for example.
Blackrock didn't. It's not technically an ETF.
It's actually technically a trust, but it functions like an ETF. So basically when you buy the ETF, they buy physical bitcoin. There has not been a physical bitcoin fund approved by the SEC. They've just shot him down over and over and over. We've seen Gray Scale get rejected, Wisdom Try been rejected, van X been rejected, R twenty one shares, bit Wise been rejected. Everyone's been rejected. But will Blackrock get rejected? Blackrock, who is like an extension of the FED and the government.
Do you think they're going to get rejected?
Blackrock has a pretty good trek record. As a matter of fact, they have successfully launched five hundred and seventy five ETFs and one has failed. That's a pretty good record, five hundred and seventy five to one. So with bitcoin's market cap at around five hundred and four billion ish, that's like drop in the ocean compared to the total estimated global wealth of about four hundred and sixty three
trillion four and sixty three tries. If just five percent of that were to flow into bitcoin, it'll go up forty seven times, which is why black Rock and Finale they're creating these crypto custody solutions for their clients because they want a slice the pie. And just like the story I told of the gold Rust, just like Hurst, they'll use intimidation, They'll use misinformation to force smaller crypto players out of the game.
They want you to think that it's.
All being shut down. And I'm going to be honest, you know, even though I've been very clear about why I think it wouldn't get Bitcoin wouldn't be made legal in the United States.
Again, I don't know the future.
Like I come up with things based off of, you know, understanding the information that I have available to be bad onto the future as aggressive they are getting and super aggressive. The Biden administration specifically is very anti technology, and especially with the passing them something like the restrict Act make starts to make me think, man, the United States could get very very crazy and ban this. But now watching what's happening here makes the chance of that happening very
very low. Now, if you're just tune in, you are listening to the Mark Mass Show, we're talking about.
The big, big, big big news.
In the bitcoin cryptocurrency space. Now, I got more to cover. When I tell you what you need to be watching and how you can play this, I'm going to cover that when I come back.
I'm gonna take a quick break. We were back. Don't go away, all right, welcome back.
If you're just tune in, you're listening to the Mark Mass Show. We're talking about what's been going on in the cryptocurrency and the bitcoin space, specifically with as I called it, Gary Ginsler's reign of terror, coming hard against the cryptocurrency space and kind of taking a little bit of a parade lap, tapping myself on the back because I.
Told you so. I called it.
I told you last year that I said that cryptocurrency adds a category. Wouldn't see another bull run because they were going to come after it so hard and heavy. But I said that's cryptocurrency's category. I said that bitcoin would do very well. And here we have it, just as it looked like cryptocurrency was going to be dead in the water and Bitcoin be dead in the water,
we are seeing the bait and switch. And I kind of used the reference, the historical reference to the gold Rush days when news magnet Hurst kind of basically, I don't know, used misinformation, used persuasion, used threats to get people to sell their land for pennies on the dollar
while he made billions and billions of dollars. And that seems to be sort of like what has happened while we had you know, Black Rock, Larry Fink, Well, we had Jimmie Diamond from Jamie Morgan, Chase and Warren Buffett, Well we had all them talking really really really bad about bitcoin. Well, we had Gary Gensler and the SEC talking making making it really really scary for bitcoin and
cryptocurrency advocates. They just weren't ready to get in, and now they are, and now they're here and now they're taking over. And we can see now that just since this has been announced, Bitcoin has.
Been shooting up to the moon. As a matter of fact, it is up big.
We are up to where are we at here at the time of this thirty thousand we are up in just since the news broke. Where we at It's oh cool, twenty three percent. Twenty three percent just since the news broke.
No big deal.
It's actually it's a really big deal. If we go back to where we at January, we go back just to the start of this year, Bitcoin is now up a.
Cool ninety percent.
I means you would have almost doubled your money, pretty much doubled your money if you would have bought it at the beginning.
Of the year.
No other asset class has done this. Bitcoin's been averaging a two hundred percent compounded annual growth rate since its inception. Now that average is that sometimes it exceeds it, sometimes it goes under that. We're up one hundred percent this year. As the Fed has been going on the hardest and most aggressive rate hiking cycle that we've seen in history.
Everybody says, oh, we don't know how bitquin will do in a bear market.
Well, we're certainly finding out. Now, what do we do with all this news that we have? Now, okay, what do we do? That's the key question that you should be asking yourself. So, like I said, we've seen this movie before.
Okay.
In twenty twenty one, Bitquin reached an all time high of nearly seventy thousand dollars right then, Gary Ginsler, you know, started as Reign of Terror, and since then it plunged all the way down to just below sixteen thousand, about fifteen to eight. Now, I know a lot of you have been watching these guys on YouTube. I tell you that it's going to drop down to thirteen thousand or twelve thousand, and so.
You're gonna wait.
You're gonna wait until it gets to thirteen thousand. Well, now it's up to thirty. So you never got your chance at thirteen. And now the questions I'm getting our mark.
Well, now it's up to thirty.
Should I buy now or should I wait? Is it going to come back down? The answer is nobody knows. Nobody knows the future.
God knows, I don't know, you don't know.
There's nobody else in the world that knows. Okay, So right now it's up to thirty thousand. But who benefits This is the question we should be asking ourselves, who benefits the most from this crash when the next bull cycle starts. Well, let's see Blackrock Fidelity. They didn't want to get into seventy thousand. They wanted to get in it fifteen thousand, they wanted to get in it twenty thousand. So when it goes up to one hundred thousand, they'll
be up five x. They'll be benefiting you. You'll probably still be scared sitting on the sideline or waiting for it to still drop back down to thirteen thousand.
They won't. They don't care about that.
They'll be buying now. Could it drop to thirteen thousand?
Is it possible? Sure? Is it possible it could drop to five thousand?
Yes?
Is it possible it could drop to one dollar? Yes?
You have to understand everything is possible.
Right.
Aliens could come to the earth and destroy it tomorrow. That's possible, But is it probable? No, most likely, there's like almost no chance that aliens will come destroy the earth tomorrow. But it's possible, but there's almost no chance. Right, So instead of thinking about everything, that's possible. You have to think about what is probable. You have to think about things in terms of probabilities. So is it.
Possible for bitcoin to go to thirteen thousand? Yes? Is it probable? Not in my experience or not in my base case. It's not what I'm thinking. So how do you play this?
We'll think about it like this. Do you think that the largest asset manager in the world coming into bitcoin will push the price up or do you think the price will go back down? Now, if you think it's going to go back.
Then are you.
Are you ten percent sure? Are you fifty percent sure? Are you ninety percent sure? Let's say that you're fifty percent, I'm fifty to fifty. Let's just say I'm fifty percent sure it's going to come back lower.
But there's a fifty percent chance percent chance it doesn't go lower.
It could just keep going higher, Okay, Or it's seventy thirty or thirty seventy or ten ninety, whatever your number is. Think about this, what percentage chance do you think it's going to go down? And what percentage chance is it's going to go up? And that's how you play it. So, for example, for easy numbers sake. Let's say I had ten thousand dollars I wanted to put into bitcoin. Well, there's a fifty to fifty chance that it goes down,
fifty goes up. Okay, then what I'm going to do is of my ten thousand, I'm going to take fifty percent of that or five thousand, and I will put that in now, and then the other fifty percent I'm going to wait because I think i'd go down, So I'll wait and I'll buy more if it goes down. Now, if I'm wrong it doesn't go down, i have to buy at a higher price. That's the risk I'm going to take, and that's how you might want to play that. Another way to do it is through dollar cost average.
You can put the five thousand down now and put the other five thousand. You can put in one thousand or five hundred dollars every two weeks, and you can average in a couple other ways you can do this is, of course, you can go buy bitcoin directly, and that's kind of what I'm advocating. That's what i'd recommend. I'd
recommend using a platform like swan Bitcoin. You can use a swan Bitcoin slash Mark Moss and get ten dollars free bitcoin for using that, and you can set up an auto buy so like every other week it can just buy one hundred dollars and put it right in your cold storage swan bitcoin dot com slash Mark Moss, get ten bucks and set that up really easy to take self custody. That's how I recommend doing it. I recommend using a cold storage while at something like a
treasor tr z r make it super easy. Now, if you don't want to buy it and take self custody, another way you can do it is maybe just buy micro Strategy Stock. That's mstr now. MicroStrategy Stock is a tech company that's pretty much changed, taking all of its entire value and put it.
Into bitcoin now.
It has three main advantages over buying micro Strategy versus buying bitcoin directly. One, it's cash flow and generating business that you're buying. Two, it doesn't charge any shareholder management fees like Blackrock will. And three you're not giving Blackrock any more of your money. Don't give Blackrock your money, take your money away from Blackrock. So those are a couple of ways that you can play it.
Now. The other thing that I would hear, well, they're going to make it illegal. I think we're past that now at this point. Is but it's volatile.
Well, currently Bitcoin has been about as volatile as Google, Amazon, and even Crudal in the same timeframes. As it stands right now, Bitcoin isn't really any more volatile than big cap tech stocks. So you make up your mind that's what you should be watching. That's how you can be
playing it. But one way or another, in my opinion, the probability, not the possibility, but the probability of Bitcoin being made illegal has dropped significantly and in my opinion, has a very low probability or slim chance of ever happening. So I'd be getting that Bitcoin position while you still
can at the price you can. Now if you're just tuning and you're listening to the Mark mass Show breaking down you know, politics, finance, and technology, talking about the combination of those three what I called the decentralized Revolution. I've been breaking down what happened with the bitcoin crypto currency ecosystem and what's.
Happening with bitcoin.
If you missed it, catch it out on the podcast just search the Mark Moss Show. Follow me on Twitter at one Mark Moss and that's what I got. Thanks so much for listening.
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