Everyone, you are listening to the Mark Mo Show, We're
talking about bitcoin and cryptocurrencies. We're talking about the decentralized revolution of course, each end every week, and as I constantly say all the time that to really get to understand what is going on with bitcoin and this decentralized revolution that's happening, there's so many different areas to dive into, which is why I can sit here and talk for hours and hours and hours each and every week to here because there's never ending amount of content that we
can talk about, which keeps it UM fun, it keeps it interesting, and it also keeps you on your toes. Now we'd like to say that you know, bitcoin leads you into this rabbit hole because there's so much information that you can UM dig into. Now this week, UM I have a special guest to have one of my good friends, Alex s Fetzky in the studio with me, and we thought we'd talk about um one big area.
So what There's a lot of different places that you can focus on bitcoin and um Some people want to talk about the money side, or some people want to talk about the technical side. UM I let this focus on why why should we even care about bitcoin, and of course to understand why, you have to understand some of the problems that we're having today. And so I thought we'd bring Alex in and we talk about something, UM,
that's really a big problem right now. And it's a big problem even specifically, and we're gonna have to dance around this topic as we talk about the topic. UM, but it's uh, it's it's about uh we'll call it, um, we'll call it an attack on our private property, which is a big subject. But I want to talk about attack on private property, which is probably the most sacred
private property, which is my own thoughts. And when when my speech what I'm able to say get censored and I have to watch what I say, then I have to start censoring what I think, which is what I'm doing right now as I'm trying to think about how I can dance around this subject. And so, um, we're being attacked by all those things. And I got my good for now, Alex Fetsky in the in the studio with me, talk about this. What's up Alex? Some man story that was just funny. It was it was funny,
yah sad but true. Yes, Yes, what a strange world of living in Um, so I assume, I assume what you're talking about. There is this idea of the freedom to think, of the freedom to speak. You know the fact that the thought police are out there monitoring what we think they can do. Well, they're definitely monitoring what we say. And um, but but when I have to monitor what I say so I don't get caught by them, then I have to monitor what I think, which is
which is interesting. I was I was out surfing this morning and one of my buddies in the water and I said, Hey, did you catch that latest Joe Rogan episode? Um, where he had that Dr mccola on there, and uh, we were talking about that episode, which has gone crazy viral by the way, which we won't dig into a whole lot, but he said, um. He said, you know, they the government cannot refute anything he said, so all they can do is censor him. And I was like, dang, um, yeah,
if you can't. There's a quote that I keep saying over and over I recently heard and I just love it. It It says that ripping a man's tongue out does not prove him wrong. It only proves you're only proves you you're afraid of what he might say. Um, So anyway, I don't know I think about that, But I mean, what the heck does that have to do with bitcoin? Well,
let me let me flip and ask you a question. Um. You know, people, particularly in America, you've got encoded in the Constitution, the First Amendment, this idea of the freedom of speech, and you know, everyone talks about it and takes the general idea for granted. I mean, you know, there's a lot of stupid people out there who don't
think it's a good idea. But you know, I think by and large, if you're if you're a intellectually competent human being, um, you understand at least, um, at the very least you agree with the notion that freedom of feat is important. But I don't know if many people can articulate it's important. So maybe maybe I'm going to throw the question at you and you might have heard me mention it a little bit with JP and we're doing that spaces. But in your mind, Mark, why why
do you think freedom of speech is important? Why do you think it's a good thing in general? Well, I would say that the freedom of speech is important. I mean, obviously the deep subject. But I think overall that it's the way that we learn and so um we don't know the right things to say. We learn the truth through discussion, and um so I think that's the big ones that we can learn through discussion. I would say it also encourages learning and also creativity, and so all
progress in the world comes from creativity. And if we limit creativity and limit learning, then we limit progress as well. Um So I'd say I'd say those are probably two pretty big reasons why it's pretty important. Okay, yep, yep. I think that's definitely, you know, in the right direction. I think for me, I want to take it up
a notch. And you know, I'm doing some thinking around this and writing a new article called It's it's a it's a dive into how since it has become profitable, and it's called a new Leviathan um and it looks at how the tech oligoppoli is a kind of becoming quasi government operations in the sense and basically at this point, much like um, if you've ever read anything of biology and this idea of the revolutionary phenotype, how DNA took over RNA as RNA used it as a mechanism to
replicate UM, and then you know, IRNA use DNAs and mechanism to replicate to the point where DNA was able to just replicate itself and it subsumed irona into it, and then DNA became the primary species and rona became subservient to it and UM, and it's really interesting that there's something similar happening here with UM. With governments and and large tech Oligoppoli is where you know they are at this point, you know, we're sort of in the
phase of the inversion. We're in the phase of the the government is effectively mandating and using these technology companies to basically be a branch or an executioner of its mandates. But at some point, you know they're gonna and it's we're already seeing it in many ways, they're going to become more powerful than the government and they can do what the hell they want, and it kind of you get this inversion, and that's that's a dangerous thing for
society because then you know, power continues to centralize. You you jump from the fry pan into the fire and all this sort of stuff. But in each of these models, like there's a there's a there's a thread within them, which is this idea that censorship becomes a profitable mechanism. And for me, um, I wanted to take a step back and think about, like what, why why is free
speech important? And if free speech is a good thing, and it is important, it actually should be the most profitable mechanism and for human beings to use to cooperate and to interact, right, And if it's not profitable, then you know, it's actually probably not a good thing because because profits suggests in some way, shape or form that
what you're doing is perceived as valuable. So I guess I look at society as its complex system, right, and we you know, society is made up of diverse range of individuals, of human beings, of collectives at every single dimension, whether it's the tribe, the community, the corporation, you know, whatever, institution, etcetera. So you've got all of these entities operating and operating with some sort of intention to continue to survive or
exist or do the best for itself, right um. And doing so, you've got this kind of like this almost the functional madness of the crowds. And in order for this complex system too to subsist. And this is this is found in all complex system, whether it's a human body, whether it's society, whether it's an economy, whether it's whatever,
my cellium, etcetera. The capacity for feedback loops to to signal either bad actions or good actions so that bad actions can be corrected and good actions can be doubled down on depends upon really good communication to flow through the system. If you clog up the communication, the system can't permeate um information properly, and therefore value judgments can't be made, and therefore the system begins to break down
and decay. You know, that's what you have when you have they clogged up human body for example of secuman bodies, signals are not flowing properly and the body dies and that's the sort of thing. Yeah, let's hold right there. Something I was talking about, like the supply change breaking down because that price signal is getting distorted as well. I want to dig more into that. We're talking about free speech, but how this ties back into bitcoin. So
stay with us. You're listening to the Marketmas show. We're talking about bitcoin, talking about cryptocurrency, is talking about this decentralized revolution, talking about how free speech is important and how bitcoin can fix that. Uh, it's the long way around, but these are the things that you need to know. It's why bitcoin can change the world. Uh, you're listening to the Markma Show. We'll be right back. Don't go away, everyone,
Welcome back. You're listening to the Markma Show. We're talking about bitcoin and cryptocurrencies in this decentralized revolution that is literally changing the course of humanity. It's that big. And I say it's that big because it's literally going to change the entire way the world works, the way that humanity works, and it's going to change every part of life.
And so we talk about all these different areas, UM, all these reasons why bitcoin would be important, all these reasons of what are these things that what bitcoin can fix? And right now I'm in studio with my good friend Alex Spetzky and we're talking about free speech and thought and why that's so important and how bitcoin can fix this. Um. It's an interesting conversation and it's something bigger than you
might have thought about. And before the break, Alex, you were um kind of explaining how when you how free speech is necessary, it's the signal that allows all this information to kind of move through society or civilization. And when you free when you when you kind of censor free speech, you start to jam that up. I think that's kind of where you're at pretty much pretty much. So free speech has a functional role to play in
a functional society. It means that communication can flow, and bad decision making can be corrected, and good decision making can be doubled down. Now, this is only the reality when the world that we live in is at actually
representative or reminiscent of reality. And and and so what I mean by that is, currently we have a world in which our economy is defined not by what is actually happening out there in the world, but are defined by made up models that academics and kingsians and central bankers and central planners make up that are you know, theoretic,
purely theoretic. They do not match anything that reality actually you know, represents backwards, you know, so sort of sort of like you know, they have a model and they say, you know, inflation is this, but in their model, they're like, okay, well let's just take out energy, let's just take out food, Let's just take out all the things that are actually going up in price, and let's just keep you know, televisions in there, you know things, Let's keep iPhones in there, like,
let's keep Netflix in there. So it's like the model has zero representation to the real world. UM, and you know that they kind of lie to themselves. And this is where um, free speech is actually not profitable if you want to lie to yourself, if you want to build a system and a model that can only subsist based upon a lie, the only mechanism that you have to remain profitable, quote unquote is to censor the truth and to censor the feedback so that you can subsist.
And what that does is it creates an incentive for the institutional whoever is operating that model, to basically leach from somewhere and basically steal rob pillage in whatever method it needs. So whether that's taxation and inflation, mindlessly borrowing from the future and increasing death ceilings and stuff like that, you have to do that so that you can continue lying to yourself and tell yourself that the model is real. But you can't do that in reality. And this is
the big diverged for me. This is like the center of the divergence of humanity At the moment, it's like we are operating on a map that does not represent the territory. Like we are literally on an island somewhere and we're reading a map and the map tells us that there's grass and you know, lakes and everything everywhere, and it's all beautiful. But you know, you look aside from the map and it's like desert and you're like,
wait a minute, what's going on here. So you're you're you're you're dying, and there's there's other people around you all have a little bit of water, and they're like, hey, man, we're in the desert. We're all going to die if
we don't find water. And you're like, no, no, no. The map says there's water everywhere, and because you're the owner of the map, you take everybody else's water and you keep drinking it for yourself, and everybody else around you is dying um, and you keep deluding yourself that the map is the reality when it's not. That's the world that we're living in because we've conflated the model for reality, and in that sense, the speech that is
coming from those around you who are basically dying a first. Now, because you keep stealing the water, you want to censor them and say shut up, the map is real. Yeah, and that's what we're suffering from today. So um, in a in a way, then by censoring the speech, it censors that or distorts that signal. And there's that sort
of how the price signals also getting distorted. I mean it's still it is distorting communication that controls the economy is in the supply chains that way, correct, So think about this, every everything that we do as an economic function. Right, So when we perform any form of action, it is a decision. So we're making a value judgment in order to make a decision in order to know where to allocate our precious time and energy. Right. So, so in
that sense, free speech is actually an economic function. It helps us make that value judgment. So when we distort that economic function, we then start to distort all the subsequent signals that come after that, and we can then not make accurate value judgments, and we start creating and
doing stupid things that don't make sense. And then we also don't know that we're doing stupid things that don't make sense because we don't have the feedback mechanisms, and this sort of then ties into why the advent or the discovery whatever you want to call something like bitcoin.
So so let's just even transcend the name bitcoin, like the idea of discovering energy money, where the money represents the finite resources that are time and energy, like when those two are tied together, like I call it the fusion of the physical and the metaphysical, when those two come together. And when you perform a bad economic action because you've made a bad value judgment and therefore you know, squandered your resources your time and energy, you actually lose
this energy money, you lose bitcoin. Um. You have a direct feedback mechanism telling you that what you're doing is wrong, and you cannot lie to yourself. But when you have fiat money and you make a poor economic decision like let's lock down half the world, um, and in doing so, let's then print two and a half trillion dollars or whatever, and then prices go up, then you can lie and you can say, okay, let's just print some more money.
Let's blame the businesses, let's blame the greedy capitalists, blame everybody else. But you are creating the problem and you just keep lying about it. Like on a bitcoint standard, you just can't do that because like that the feedback is instant. It's like you lost the money, you're dead, you're you know, your your bankrupt, your broke. On a on a fiat standard, you can just add some extra digits. Yeah.
So in a sense, then you're saying that the free speech is the signal, sort of like the prices is signaled. And um, in pricing, we need profits. So businesses need profit to chase. That's what gives us that feedback loop. If I'm not making a profit, then nobody wants what I have to offer. It's wrong, it's misaligned. And if I am making a profit, that means I found a good market fit. And so there's that feedback loop, and
we can also find the same thing I'm guessing with speech. Um, if you're just tuning in, you're listening to the Mark Mo Show, we're talking about bitcoin and cryptocurrencies in this decentralized revolution. I'm in the studio with Alex S. Fetzky and we're talking about a little bit of a philosophical entry into bitcoin to kind of explain why bitcoin is so important but even more importantly, how it can really change the world through things that most people don't really attribute,
things like money to fix. And so we're talking about free speech. He was kind of giving us an intro into how free speech is a signal and then how that kind of goes into profits. Um, so I want to get into more of that in a second. Um, if you're on Twitter, you can find me at number one, Mark Moss, shoot me a question, and we got Alex at at ghost of Spetzky's s V E T s k I. So give us a give us a follow, give us a question. Um, we're talking about bitcoin. We're
talking about this decentralized revolution. We're talking about why it's important. We're talking about how speech. Censoring speech just storts the signal, sort of like profit. We're gonna be right back with more. Don't go away, all right, everyone, welcome back. You are listening to the markma Show, and we're talking about bitcoin. We're talking about this giant decentralized revolution that is happening. We're we're living through it, we're witnessing it right now.
And you know a lot of times people are like I get it, I get it again, I get it's it's like digital gold right. Oh no, no, it's like it's like digital money. Sure, I get it, I get it, right, Um, yeah, it is those things. It is, sure it is, but it's so much more. That's like when electricity was invented and somebody says, I get it. I get electricity. It's like a digital candle, right, and like, why do I
need that? Because like a candle is better, it's been light for five thousand years and it's portable and I don't need wires um and so yeah, sure it was like a digital candle with it's so much more. And so so bitcoin is like digital goal, but it's so much more, and it's something that can even change the world because of the censorship of speech and communication. And Alex Fetzki is in the studio with me right now.
He's explaining this to us, and I kind of cut you off before that that last break there, but you're explaining I think you're about to transition into how um, speech is this feedback loop and then it kind of goes into like profit. How profit is also a feedback loop for businesses. I think that's kind of where you were. Yes, So, so I guess to tax this all together. What I've
said in the past, Um. I was with Nat Brunel on a on a little podcast a couple of weeks ago, and one of the points I was making was, I think Bitcoin's biggest impact on society is going to be the fact that it will make economic consequences. It'll it'll reintroduce economic consequence to all action, um, whether at the corporate, individual, institution,
or whatever level. Right, So, so it makes action accountable because at the moment, if you're close enough to the monetary spigot, you are not accountable to anybody or anything. You can make, You can perform badly, and you just print the money, you borrow the money you you know you created, you know, you tax it from someone. Right So, so when you have that moral hazard, everything else distorts, and then everything downstream starts and deform. Right by bitcoin
becoming a standard economic consequence. Like over in here, it's like bitcoin makes economic consequence great again. But in doing so, because economic consequences so tight tightly tied to action, and at that point, it actually makes free speech profitable again. And that's what we need to do. We need to make free speech profitable again, because if you are a business of any kind operating on a bitcoin standard, and
you don't have the option of being bailed out. You don't have you know, a government doesn't have the option of just bailing you up for poor decision making or for whatever. Um, you will go ahead and censor someone because you know, at the moment the government pays, you know, whether it's Twitter or Facebook or whatever or mandates them, which which is another form of I guess, uh it's a reverse payment, right, It's like if you don't do this,
will shut you down. So it's like, you know, it's it's a different make it's a it's a different economic reason to do so, right, But when that can't happen, since ship actually becomes a not very profitable business model, Like if you're going to go on one platform in your sense and universus another platform and you're not sense it like where you're gonna go. So so it's like that is I think how we fix this sensor problem.
It's not through decentralization. It's not through you know, building some sort of you know, uh, you know D five version of Twitter or anything like that. It's by removing the problem upstream, making all action economically accountable um, introducing consequence to all action and making all service providers, whether companies, institutions, governments, or whatever, actual service providers not overlords to their customers. And the customers are anybody holding bitcoin because in this
game you can't just take it from them. So UM, I get that. But something I think about in in regards to a free market, um, censorship might act should be profitable. So for example, if I want some somewhere for my kids to go into, some sort of kids community, for example, I might I might prefer as a paying customer to pay for them to go in a community
that is censored where they censor all that stuff out right. Um, But then for me, I would prefer to go into another community that I can talk to my audience that isn't censored, right, And so um it could be. I mean, censorship could be a profitable model, But it just goes back to the free marketing with the free markets demanding and wanting. Yes, censorship is only profitable in a localized environment.
That's the that's the big difference. So so so when when you've got to control like a walled garden, it makes sense. The problem is is in this trend towards a globalist, homogeneous state. The entire world becomes a world garden, and then you try and apply sensorship across the whole thing. That is where it doesn't work, because in order for
life to subsist, there must be diversity. So within individual world gardens, different elements of sensorship might work, but it has to be low all lives, and that can't scale beyond a particular number because beyond the particular number you get the you get the problem of complex systems requiring some sort of feedback, right, So it only works in
a localized capacity. So then we can take that and we can blow that up to even bigger, which is then um really, I think what you're talking about is is bitcoin makes it unprofitable um to to be wrong,
to have these misaligned incentives. And if we take it to a bigger level than we talk about, like on a government, and if a government can't print un limited amounts of money and they had to stick to a standard like a gold standard or a bitcoin standard, they would then also have to be good management of their money or they would lose. And so in that type of environment, I think kind of like you're talking about censorship working only in a smaller kind of a walled garden,
not a national one. I think that's also the way politics should also work. Right, So it's like, uh, just in the United States, I mean, three and thirty million people is way too many to be under one regime or one set of rules, and so kind of the same thing, right. It's like, Hey, if I want to live in a neighborhood and and this is a good example for people, Um, like I could live in a in a gated neighborhood with an association. But then, like, I'm not allowed to park on the street, and that's
a pain in the ass. I don't like to park in the street. I don't like to have to get my trash cans in by five o'clock. I don't like that I can only paint my house three different colors. I don't like that. But on the flip side, is all that my neighborhood looks clean. There's no cars on the street, all the houses are the same, and it looks good. And so some people like that, And I
can choose to live in that gated neighborhood if I want. Um, I used to live in a gated neighborood about four years where I moved to a non gated neighborhood and the homes are even more expensive in the area that I'm at. But sometimes there's an RV in the driveway, sometimes the guy's got a junker in the drive because there's no association to enforced it. Um, so I'm free, but sometimes I don't like it as much. Or I can go over there where I it's it's cleaner and
I like it better. But then I'm not free, but I get to choose, and I think that's kind of the difference. Absolutely, yes, so so basically so, so you've got this kind of corrective mechanism, right, So if you'll, again let's use the gated community as an example. If you have a contractual relationship, you know, so so as you mentioned that you can only paint three colors, etcetera, etcetera.
Their their actual forms of censorship, but light censorship, right, and now you may agree to those upfront, but then let's say over time they're like, okay, now you can't do this, and they can't do this, and they can't do this, and I can't do this. You're like, wait a minute, this this is ridiculous. I didn't sign up for this. The level of censorship is too high, the level of restriction, because that that's effectively what censorship is, right,
it's a form of restriction. It's too high. I'm leaving, um enough people leave the restriction. What that is is a market feedback signal to that localized entity saying that hey, the restrictions are too too far reaching. We need to uh parry them back. So you know that you have this natural corrective mechanism or this natural stabilizing mechanism for
censorship as part of your business model. But when it becomes the you know, the the thing via which like you know, where it's run by one sort of you know, ministry of truth, where people are genuinely saying, hey, wait a minute, this is a fact. And you know if someone turns around says, no, it's not in your band um, like you said, it's like ripping someone's tongue out. That is like it's yeah, I mean what else can I say?
It's like it's a it's a is this fearful attempt to push down the truth in an attempt to perpetuate a lie um so that you can keep I guess robbing the people who are you know, unassuming or who don't get it. It's really it's really disgusting. Yeah, yeah, I like I like that. What I like about that is where this goes on a bigger scale. So I would say the first thing I say is that I think that You asked me in the beginning, like what
do I think free speech is important for? And I said, I think that through through open free speech we find truth, right, truth discovery kind of like in a free open market you find price discovery, you only find price discovery, and free market you only find truth in a in an open discussion environment as well. Um, but what I really like this this is this feedback mechanism. Like we talked
about moving from a gated neighborhood to another. If enough people move out of the gate neighborhood, they have to change because they're like, shoot, we're gonna lose revenue. We have to change. And I want to talk about what that does on a bigger global scale. When we come back. You're listening to the Markmas Show. We're talking about bitcoin. Uh in a long round about what we're talking about bitcoin.
We're talking about how bitcoin can change the world. We're gonna talk about how it's going to change the world more. We'll be right back. All right, welcome back. You are listening to the Mark Moss Show. We're talking about bitcoin. We're talking about the decentralized revolution that we are living through right now, and we're talking about something a little bit deeper than you might normally here. We're talking about how bitcoin changes, the kind of the incentive structure, and
how it can change the world. I'm in the studio with my good friend Alec Swetzky. That's s V E. T. S k I. You can find them on Twitter at Ghosts of Spetzky, and of course I'm the one Mark Moss on Twitter. Um. So, Alex, this is something I've been saying for a long time, and we've had discussions about this, but I think it's apparent to anybody who's
paying attention. Um. Of course, we're trying to bring this back to bitcoin, but I think it's important that our apparent and anybody paying attention that the world is trending towards authoritarianism, which of course is the censorship of speech and censorship of private property and all these things. And so the world is trending towards authoritarianism, and I have I kind of believe that the way that we break that trend isn't through violence. It's not through war, it's
not through guns. I think it breaks through competition. And so kind of like what you gave us before the break talking about if enough people move out of the gated neighborhood, um if if if if, if we have competitions, that gated neighborhood would have competition. Um those people and the homeowners, those people that live in the neighborhood wouldn't go by force and with guns and kidnapped the founders in time to change the rules. No, they would just move.
And and that in in in order to compete that homeown associates would have to change those rules. And I think that we've seen that in the United States where Texas and Florida out competed in New York and California. Both governors found themselves on the chopping block. One made it, one didn't. Um. But I think we're starting to see that, you know, in in the United States, but we're also starting to see on a national scale where now we have like El Salvador who's now said, hey, bitcoins legal,
by the way, everybody can move here. No more mandates, no more testing, um, no more, no more income taxes, property taxes, like come, make as much money as you want. And I think if enough people go there, then we saw now Paraguay is saying, hey, well us too, and then maybe it's you know, Costa Rica, and then maybe Panama. And after enough of those companies countries jump on the bandwagon and enough people leave, you know, places like the
United States. Um, rather than by force, the United States will go wait a minute, wait a minute, We're losing all the productive members of society. We should change our rules. I mean, what is that kind of what you see? Yeah? So so? I mean, the only vote that really really matters is not the name you put on a ballot. Like, the only vote that really matters is where you put your paycheck, right, Like, where where you allocate your money.
That's simple as that. Like when I go and buy um grass fed beef over you know, beyond soy Berger or whatever they call um, I'm voting for meat, not for fake meat. Right When I go and eat at one restaurant over another, I am voting for that restaurant. When I buy one thing over another, I'm doing that you know that so so that that is the only
vote that really matters. Everything else is just the sharade. Um. So so when you think about it at that level, it's like the free market has its own voting mechanism literally baked into it, which is what people buy is what they want, right, um, and and that's what we do. So when you, um, when you scale that up in a world where the government can't buy its own votes really because because that's that's when you think about what inflation and taxation isn't borrowing from the future, it's it's
just buying its own votes. Um. You know, it's the government has no feedback mechanism, which is, you know, the consumer doesn't get a choice. Um, the government can do whatever it wants um. And whatever decision it makes wrong, right or indifferent, Um, it just goes and prints a little bit more money, taxes a little bit more, and borrows more. You know, Like, I mean that that thing with Biden last week was just hilarious. We pay our
debts by taking on more debt. Congratulations, man, Like that's just like it's just cracked up. Man. So, so in that kind of a world, like you know, you're living a fraud, and you know, you don't really have an economic vote, you know, you don't. You know, everything is a big charade. So on the Bitcoin standard, where as a governor's institution of any kind, you know, small state,
big state, whatever, where you can't actually do that. You can't print, you can't forcibly tax, and you can't just borrow from a future because no one's going to give you money if you're a bad operator. Um, all you can do is function like a really good service provider and say, hey, come here, work here, will provide the bare minimums I don't know, judicial service, protection, service, whatever, whatever you know, benefits we want to provide and come
and operate. Um. And then you have to voluntarily pay for that. And what happens is the relationship changes from subject overlord which is what we've got at the moment, to customer service provider, which is what we want. And that that's a that's a functional relationship. And in that kind of a relationship, if someone's not treating you well, you go and you know, vote elsewhere with your economic energy. Yeah.
In the in the book, the sovereign individual, they talk about like a dairy cow locked up in a pin and the farmer just you know, takes all the milk they want. But then if the cow could grow wings, and the cow can grow wings, and the the government's forced to instead of looking at you as a as a serf or a servant, they can look at you as
a customer. And I think, you know, we've seen this before when when I was a kid growing up, I had many friends who came from oppressive regimes, um you know, Afghanistan, Iran, our South Africa even and when they came, they had a compeny less because they couldn't bring their real estate or their goal. They couldn't even bring the money in their banks. They had a compennyless. And so how much good does it do um a country when you when you leave, but you leave all your wealth to them.
But bitcoin allows us to take our wealth with us, which I think will rapidly accelerate this whole competition loop totally. Because and and the best thing about bitcoin, and like a lot of people say, okay, you guys are talking about this. You're talking about you know, the world getting on a bitcoin standard and all this sort of stuff, It's like this is bitcoin is inevitable. Both it's discovery
and both. It's um, it's a ultimate supremacy, right, it's inevitable in the same way as jumping off a cliff and dying because gravity caught up is also inevitable. Right. Like we may think in the early seconds of jumping off a cliff that we're flying m but then you know, gravity takes hold and we realize that we can't fly. Um And and that's basically Bitcoin's progression. But on a generational time frame. Um, you know, in in the short term, we might think, how are we going to overwhelm this?
But you know, bitcoin is physics, Bitcoin is mathematics. You know, bitcoin is raw energy. And the government and the central banks and the institutions that we have today are just fantasies that they're just made up things that you know, as I said, like the CPI model is a perfect example. It's just something that we just made up and we just change it because when reality tells us it's not the case, we're like, oh yeah, I just ignore that
and just like change it. You know, change is variable, and then you know we just kind of add a bit more lipstick to the pig, and you know, we think it's beautiful. Right. So bitcoin is going to win, So it's inevitable in that sense. So what that means is, as that reality manifests, those who hold the bitcoin are those who hold the ultimate vote, and those who hold the ultimate vote are those who dictate the way decisions, products and services get made. And this thing changes the
entire game. Man Like the current game, all decision making is dictated and and all incentives are dictated by those who pay for their own vote, which are the existing institutions. Bitcoin swaps it and places it into the hands of the Bitcoin holders, and that's a very different looking world
than what we have today. Yeah, And the other thing that I love about I've been I've been reading a lot on Schnischev, who wrote you know, the good leg Acapelos and then also have All which I forget the name of the book, but he he was the one that was like the Yugoslavian president and that both of them were writing and instrumental in the in the fall
of the USSR. And they talked about how when you're when you're stuck living in a lie so in a system that you don't believe, in a system that you don't like, being forced to do things you don't like to do et cetera. When you're forced to live in that lie, you can't change it through political means, they said, Um, and so the political system is captured, control whatever. And they said, what the only thing that you can do is to go build a parallel world that you can
live in the truth. And so those are like black markets or grade markets. So it's like, instead of that system, I don't like that system, I'm just gonna go opt out. I'm gonna go over here. I'll build my own financial system, will go build my own education system, will go build my own health system or whatever it may be. And only really bitcoin enables us to do that. Um, you're listening to the Markma Show. We're talking about bitcoin. We're talking about how bitcoin is going to change the world.
I'm in the studio with Alex Fetzki. That's Ghost of Sveetzki s V E T s K. I find them on Twitter. Um. Bitcoin is going to change the World's going to speed up the competition loop. Um, it's going to open up free speech. You vote with your money, you vote with your feet, so vote accordingly. Thanks for listening.