The Mark Moss Show Feb 21, 2022

to change the world as we know it today. Now, the way that the world works, the way that the world is organized, depends on the way that we use technology. So as you go back through history hundreds of years, even thousands of years, you can see that the world works differently. So, for example, we saw in the fifteen hundreds in the in the sixteenth century, we saw the world really shift into um more of a decentralized phase, leaving behind the centralization that was brought between the church

and the state as they ruled things. And what really led to that change was seventy year earlier, was the printing press. It was a new technology. It was a new technology. It was created the printing press that decentralized information. People were able to get books, people are able to share information and it led to this decentralization. Over the last two hundred fifty years, we've led to more centralization

because of the industrial revolution that happened. The Industrial revolution led to US building factories, machines, equipment factories, and then it led to big cities and it led the last two and fiwo years, we've been centralizing and of course if you wanted to be successful, we had to move to the city where the jobs were. But today that the Internet has done very similar to what the printing press did, which is now decentralizing information and now people

are able to live and work anywhere they want. And for the next hundred years we'll see the world continue to decentralize out And that's what we're talking about um as, this decentralized revolution that we're talking it's going to change

the world more than most people realize. Now. When we talk about bitcoin, we talk about most likely typically today we're talking about in thinking about it in terms of money and what happens is money is kind of the killer application of what bitcoin is today, similar as when the Internet first came out, how email was the killer application, and when electricity was first invented light was the killer application of electricity. Of course, today electricities used for all

types of things. And as bitcoin has been coming out over the last decade or so, about dozen years, a lot of people still today wonder why why do we need a bitcoin? What purpose does it serve? And so forth, and um, you know, because money is that killer application. And as I like to say, as bitcoinners like to say, if we can fix the money, we can fix the world. One of the most apparent use cases for bitcoin has been for helping to solve human rights issues all around

the world. Um, we've seen that it's been protecting humans rights. Um. Mostly we would see that in third world nations. And so when I talk about third world nations, we're talking about places like Venezuela, for example, where um, the leaders have inflated the currencies so fast that people can't even afford to you know, they can't save money, they can't

even afford to buy food. UM. We saw, we've seen that, you know, because of that, because these people in Venezuela are trying to evade the hyper inflation that's completely stealing their wealth. Um. And then they have strict financial controls, they've been able to move towards something like bitcoin to help them. UM. You know, for example, in Venezuela, where that currency is losing over inflation per year, it's completely destroyed their economy. UM. Then the Venezuela regime then cut

off money coming from abroad. UM. Basically, if anybody wanted to help, If I wanted to help from the United States and send money down to Venezuela, I don't really have a lot of good options. The the regime that that controls Venezuela, you know, basically forced everyone to go through local banks, disclose how you know, disclose all their information, how much money they're getting, who they're getting from, and

how they're going to use that money. If I wanted to send a wire transfer from the United States down to somebody in Venezuela, they would take over half. Over half of the money would be taken by the regime. And we see this happening all over the world, you know, in in places like in Africa, et cetera, where there maybe you know, we want to send aid to them, Typically the dictator or the regime that controls those areas would maybe take all of it, if not a good

percentage of it. And even if they were going to allow it to flow through, it would get eaten up by fees through all the different banks and into mediaries they would have to go through. Of course, like I said, if they don't want aid to get to the people, then they just stop it all together. Um. One thing that we saw, like in Venezuela, is that we could maybe wire money to Colombia and then people could walk across the border get the cash, and then they could

try to come back with the cash. Of course, that's very difficult walking and walking across dangerous areas like that with cash is always difficult. One getting across the border, they could take it from you to obviously rob you know, get robbed, to get mug Things like that are happening. And that's not the only place, of course, like I said, in Africa, we've seen lots of the same things in zimb In Zimbabwe, they've printed so much money it is

inflated away the savings of the citizens. There's nothing they could do. Um, so they're trying to move their money into into something else. Um. You know, other places throughout Africa, refugee camps where maybe they don't have access to money, they don't have access to banks. We couldn't send them money, but if they had an Internet connection, we could send them bitcoin directly. Now, cash has been one of the

best ways to exercise free speech. We talked about talk about the best way to vote is with your money, and when you have something like cash, you can do that. But like I said, in the problem of these places, they don't even have the cash. And this really leads to human rights. Right, this leads to human rights. So sound money is a human right. When I talk about sound money, I'm talking about money that cannot be created

at will, cannot be inflated away. It's money that's not liable to sudden appreciation or depreciation and value like in Venezuela or in Zimbabwe where they've printed a lot um. So that sound money. Now, human right is a right that you would think, you believe that belongs to everybody. Right. We're born with those things like freedom of association or freedom to acquire property or dispose of that property. And so like freedom of association being the right to um

associate with who I want to associate with. Right the rather to what we're seeing. You know, in the United States, in the First Amendment, we have the right to assemble, the right to gather, and then of course the right to assemble, the right to gather leads to the right to protest. Now, if you believe in democracy, then that should be the people getting what they want, right, It

should be listening to the people. Is supposed to be a government of the people, by the people, for the people, and so the people should be able to voice what it is that they want. Right. And with that right, individuals should be free to associate with groups, and those groups might have goals and then the problem is those goals might run counter to what the regime in power wants. Now, typically, like I said, we think about this in in dictatorships,

right in third world countries. You hear about, you know, these elections that are are filled with fraud, right, um, and maybe this dictator has completely silenced his his opposition and he's stolen the vote, and so, um, you typically think about it in those terms. And of course they

control the money. Then they can control what the people do, what the people can buy, But but even more they can control how they can move around the country, how they may or may not be able to, you know, fund the opposition and things like that, um, and so it's so important for human rights for us to be able to have that sound money have the freedom of association, of course, than the freedom to acquire and dispose of property.

And so I should have the freedom to use my energy, to extend my energy to acquire proper so that might be food, so I could have food for later. It could be a house that I could live in, and it could be money that's my property that I could spend at a later time. I should also have the right to dispose of my property as I see fit. Right, my property should be mine. Private property rights underpin every society,

you have to have private property rights. And so the central bank shouldn't have the ability to dispose of my money by printing more of it. That's exactly what they do, and they print trillions of dollars, my private property becomes worthless. And so bitcoin has been one of the tools that's been being used for human rights around the world. UM, it's freedom money. It allows me freedom because it allows me to control my money my property in a way

that that I see fit. It's anti authoritarian and so nobody can tell me what I can and can't do with my money or my property. UM it's not it's not anti anybody or any or even anti government. It's just anti authoritarian because it doesn't allow anybody to control what I do with my money. Don't go away, I'll be back with more in just a second. All right, welcome back. You are listening to the Mark Moa Show, and we are talking about the decentralized revolution. We're talking

about bitcoin and cryptocurrencies. We're talking about the changes that are happening in the world right now, so you can understand these things in better context of what's going on now. Before the break, we were talking about how the world's changing rapidly. We're talking about how the technology that we use change the way the world organizes, and how this new technology, this decentralized technology of bitcoin, is changing the way the world works now. Lots of the world lives

under authoritarian regimes. Um that means that they live you know, north you think of North Korea for example, right where or Cuba right where. You don't have the right to go start a business and make money. Nope, you have to rely on the state to give you rations. Their authoritarians they control or they they're over you know, they have authority over your life. And they basically control every aspect of your life, telling you what you can and

can't do. Of course, you might think of Venezuela, you might think of these really you know, third world countries in Africa, things like that. When I when I say authoritarian regimes, that's typically what you think of North Korea, right, And Bigcoin has been helping, it's been helping out. Like

I said, I was talking about before the break. You know, trying to get money to people in those regimes is almost impossible because it goes through the banking system, and of course the authoritarians control the banking system, and if they do let the money get through, they'll take some more time. Sometimes over half of the money gets taken by bank fees plus um. They're they're cut um. And in a lot of these places, they don't allow the money to get through. What they want to do is

have capital control laws. They want to control the capital. They don't want to allow you to get out of the capital um. They don't want anyone they don't want you to be allowed to receive any type of capital from anyone else. And of course that's a big problem. Right some of these places they're literally starving to death.

I'm sitting here in the United States, and you know, I'm I'm fortunate, and I have some money, and I might want to send some of that money to these people in these um affected areas, and we're not even able to do that. This is a human rights issue in my opinion. Now, while you typically think of that happening in these authoritarian regimes like Venezuela or like North Korea, it's now happening right here in North America. It's a

matter of fact, we're talking about Canada. Canada is trying to become the next authoritarian nation um as fast as they can, and I'm talking about fast. Now, this is not the typical authoritarian world that we have kind of been used to over the last you know whatever four or five decades. I grew up as a kid under the Cold War. I remember, you know how that was. And we've you know, for the last couple of decades,

we've been seems like, relatively peaceful. But what we're seeing is a new form authoritarianism that we haven't seen in the past. So in the past, we would see a dictator march in with with the military and they would have a coup and they would, you know, take over a country, maybe lots of people would be would would be killed right through that takeover. But today we're seeing a new form of authoritarianism, and this time they're smiling waving at you. Right, we have Justin Trudeau up there

in Canada just smiling and waving everybody. And uh, he looks so nice and he says nice things and he seems so sweet, and he even tells us the right things. So I dug up some stuff on Justin Trudeau. We saw here in May on May two thousand twelve. You can check his Twitter profile. Uh, that's one thing about the Internet archives everything, and so back in two thousand twelve, he tweeted on his own account he said, I'm going

to read it. Quote when a government starts trying to cancel dissent or avoid dissent is when it's rapidly losing its moral authority to govern. End quote. I'm gonna say that again. When a government starts to cancel dissent or avoid dissent, it's when it's losing its moral authority to govern. That's his words. When tries to cancel the center void descent, what's descent? So that's when people have a different opinion. So when the people don't want what the government may want,

that is dissent. Now, remember, in a democracy, it's supposed to be for the people, by the people of the people. It's supposed to be what the people want. The people are supposed to be able to discuss that. And in his own words, I'll read it back, it's losing its more moral authority to govern. So in his own words, if he's if he's canceling descent, which is exactly what we've been seeing happened in Canada for the last couple of weeks, he has him, in his own words, lost

his own moral authority to govern. So they say nice things like that in two thousand twelve and then you believe um um. Then in March, on March thirty, two twenty, he tweeted out, I'll read it quote. While many of us are working from home, there are others who aren't able to do that, like the truck drivers who are working day and night to make sure our shelves are stocked. So when you can, please thank a trucker for everything they're doing and help them. However, you can end quote

that was just two years ago. Thank the truckers because they're out there risking their lives while we're all hiding at home. That's what he said. So they say nice things like that, but if we would go even further back, maybe we would find out what their real intentions are. As a matter of fact, as I like to say, I want to take them at their word, and so I read their books, I listen to what they say.

And as a matter of fact, I have a clip from Trudeau that I want to play for you right here, and in his own words, he's going to tell us exactly what he wants. Let's go ahead and play that clip about Trudeau. He level of admiration I actually have for China, um, because they're basic dictatorship is allowing them, uh to actually turn their economy around on a dime. Hm hmm. So he really likes China because it's a dictator Uh. Now, Look, this is not a show about politics.

There's plenty of shows that you can listen to talk about politics. We're talking about the decentralized revolution. So what does all this have to do with bitcoin and all of that. Well, what it has to do with all of that is Trudeau wanting to be a dictator has enacted what he's calling the Emergency's Act, and in this Emergency's Act, he wants to take over your money. Not only just take over your money, he wants to control

every aspect of your money. Um. And let's go ahead, and I have a clip queued up for that for this uh, for this emergency at God and play that clip. First. We are broadening the scope of Canada's anti money laundering, laundering and terrorist financing rules so that they cover crowdfunding platforms and the payments service providers they use. These changes cover all forms of transactions, including digital assets such as cryptocurrencies. Hm. Hm,

so um. You know, if you don't go along with the party line, then they want to not only seize your accounts, seize your bank accounts, take your money, but if anybody even tries to offer you money or help you, they want to call that terrorism. It sounds like they've gone a long way away from what he said in two thousand twelve, which is any government that try tries to cancel or avoid dissent has loss or more authority.

And so it's about the money. That's why we say if we can fix the money, we can fix the world. We need to have freedom in our money. It's a human rights issue. Now when I talk about it in Venezuela or Africa or North Korea, you seem to get it. But do you get it when it's happening right here in Canada Because it's coming really quick, not only to Canada but also to the United States. I want to explain to you what this Emergency Act is. I want

to talk about the terrorist financing. I want to talk about what's happening in the United States in regards to this, and then I want to game plan this out. Where does this go? What can they really do? And then we're gonna talk about some privacy coins. Using privacy is bitcoin private? I have a lot more to cover. You're listening to the Markma Show. We're talking about the decentralized revolution that we are living through right now with bitcoin

and cryptocurrencies. We're talking about in context of what is going on right now. I'm telling you history books are gonna be written about this, and so you need to understand what's going on. I have a lot more to cover, uh, a lot of ground to cover, a lot more quotes, So don't go away. You're listening to the Mark Ma Show. I'm gonna be right back with more. Everyone, Welcome back. You are listening to The Mark Ma Show. And we

are talking about the decentralized revolution. We're talking about bitcoin, we're talking about cryptocurrencies. A lot of ground to cover, a lot of ground to cover right now because the world is changing so fast, and so I'm with you each end, every week trying to keep you up to date on what is happening, because if you don't understand it in the context of what is happening right now, then you won't be able to understand what's going on now.

This is going to be the biggest shift we'll ever see in our lifetime, in multiple lifetimes, and it might be one of the biggest shifts we've seen in the last two and fifty years, maybe five hundred years. And uh, I know that sounds pretty big, but that is what is happening. That's why it's important that you are paying attention, and that's why you should be tuning into me each end every week if you're not already, So if you're

not driving your car, you could stop. You can pull out your phone and you can put on a calendar reminder to join me. Each end, every week, at this time, at this channel. UH, it's the most profitable, it's the most important, is the most informative and educational part of your week, So don't miss out. Now. Before the break, we were talking about UM what's going on. We're talking

about authoritarian regimes across the world. We're talking about authority chian regimes that you might consider like North Korea, UH or third world countries in Africa or South America, things like that, and how getting you know, a humanitarian aid to those people has is important, UM. But but getting the humanitarian aid to them in traditional UM channels like through banks and things like that is very difficult because a lot of these authoritarian regimes, these dictators UM don't

want you to send them money. And if you do send them money, they're gonna take it or take a big chunk of it. And even if they don't, the banks take a big chunk of it. UM. If you have a friend or you have a family member, or you know somebody who's like literally starving in South Korea or I'm sorry, North Korea, good luck trying to get them money. Right, You can't do that, UM. But if you have something like bitcoin, you can you can send them bitcoin? We can see you know, we've we've talked

about extensively what's going on down in El Salvador. And about thirty percent of the gross domestick product of El Salvador comes from remittances. That means people in the United States sending them money. Now, the nation of El Salvadore doesn't block that does and steal it, but put the fees add up either way. But in some countries, like I'm saying, in these authority and regimes, these dictatorships, they

do take the money. And while that seems somewhat understandable and you understand maybe that's actually a pretty good use case, right human rights, human aid, etcetera. You don't think about it happening right here in North America, right here in Canada, or right here in the United States. But that's exactly what's happening. Justin Trudeau has put into place the Emergencies Act.

We talked about in that in the last UM in the last break before the break, and I played you a clip of exactly what they said, and they said that they want to UM look at anybody who's funding something they don't like UM dissent, which in his own words, and she doesn't twelve. He said that if anyone tries to block dissent, they're losing the mora authority to govern. But now they want to block this descent, and anybody that wants to help them UM could be labeled as

a terrorist. So they've gone a step further. We've seen UM. The Royal Canadian Mounted Police r CMP, Canada's national police force, has issued an order requiring all fin TRACK regulated organizations in Canada to stop interacting with thirty four crypto wallets. So you know, protest. In Trudeau's own words, UM descent should be something that is U is morally acceptable. He said, it's the loser more authoritary if you try to block the cent. In a democracy, the people's voice should matter.

Of course. UM. Throughout we saw in the United States, we saw BLM and Antifa UM march through the United States lighting cities and towns on fire, and that was acceptable, even though the whole world was in a pandemic lockdown. You couldn't go to a park with your kid, but apparently to protest and burn down and loot cities was acceptable. We saw our leaders like AOC tell us that that wasn't acceptable warm and people they said it makes people uncomfortable.

Innoc's words, she said, it makes people uncomfortable and it should and that was okay, and BLM was I think raised sixty million dollars and that's okay. But the Canadians that are peaceful and they're just parked and they're dancing and they're waving Canadian flags are now terrorists even though they have done no crime. Uh, they have done no what would you would consider terrorism? And now to the point is if you even give them money via crowdfunding platform,

that would be terrorism. And so now they're saying the Radio Canadian mint UM r R c MP are going to issue orders to stop and regulate all these crypto wallets. So what does that mean? So bitcoin, as we talk about has been UM. You know, it solves a humanitarian crisis. It's a way that I can send money to people in need without these dictators UM seizing it or stealing it. But that's exactly what's happening in Canada. Now can they really do that? Um? They say they want to stop

interacting with thirty four crypto wallets. So the way it works is, UM, you have a bank account, at Bank of America or World's Fargo. And you have a bank account number, right, and if I wanted to send you money to your bank account, you can give me your bank account um number and I could go to your bank and deposit in that account number. And so your

crypto is sort of the same. You have a you have an account number, you have a wallet address, and if I if you wanted to send me bitcoin, which I would like if you wanted or I want to send you bitcoin, you just give me your address, your wallet address, and I can send you a bitcoin there um.

And so that is public. That is, people know what that address is if you've given it to them, and so they are able to see which addresses are involved in this crowdfunding or this fundraising, and now they want to block it. We can see in a quote here the entire Provincial Police and Radio Royal Canadian Mounted Police are currently investigating cryptocurrency donations being collected in relation to illegal acts falling under the scope of the Emergency Measures

Act end quote. Now, in relation to illegal acts, they say, well, what's what's illegal? Anything the state says is illegal, because, like you know, the United States has a constitution that says what's allowed. Canada also has a constitution that says what's allowed. But these people are just making any laws that they want. So, for example, in Ottawa, I think last weekend it was illegal to hank your horn, Like, what is that somewhere written in the constitution? You can't

hanker horn? Because when you can always hanker horn, Now I can't honk horn. That's a law that's illegal. Uh. And then they went and seized everyone's gas. Oh, like I guess I can't. Now I can't own gas. Gas is illegal? Tone, Like, they can't just say anything they want is illegal. At some point, the people have a voice that should be heard. And so they're saying, um, these illegal acts, Well, what's illegal? Honking my horns? Illegal?

Since when kind of a thing? Right? But back to the point, um, what can they do with these thirty four crypto wallets? They said that one wallet contains over one million dollars in bitcoin. That's part of this Hong

Kong cotal effort to support the truckers through cryptocurrencies. After more than nine million dollars was um stolen seized from the go fund means account and so the federal police have listed twenty nine bitcoin addresses to a theory maddresses and one wallet for each of the cryptocurrencies, cardanal Monaro, and light Coin. Each wallet is said to have transacted between m zero to one point one million dollars in assets.

The police have have asked for any information about transaction or proposed transaction regarding these addresses to be disclosed immediately to the task force. How does that work? Because I thought bitcoin was supposed to be censorship resistant. I thought bitcoin is supposed to be somewhat anonymous. So can they really take it? What can they really do? It's interesting, right, Well let's talk about that. So you might have heard that bitcoin is open source. It's anonymous, but not private.

So what does that mean? Anonymous not private? Well, everybody has an address, as I explained, but we don't know who those addresses belong to. Private would be you can't see any the transactions. Anonymous means it's open. I can see them, I just don't know who they belong to. Now there are some ways to try to start figuring

that out. Um, So when you typically buy bitcoin or you sell bitcoin, you have to buy it on exchange that's regulated, and you have to do go through something called k y C or Know your Customer where you're gonna upload your driver's license and your passport and you're gonna upload a picture of yourself and all these things.

And so what they could do is they can say, well, you bought it here with your I D and then you sold it here with your I D. And then they could use some artificial intelligence software to start to try to put all those transactions together. So that's one that way that could be done. But then we also have privacy coins that could also be more private. They can't see that. There's a lot going on, right you listen to the Mark Masha will be back with more

a second. Don't go away, all right, welcome back. You are listening to the Mark Ma Show. We're talking about the decentralized revolution that is happening right now. We're witnessing it, and it is happening at an accelerated pace. Of course, I'm talking about bitcoin. I'm talking about the the intersection of politics, finance, and technology all wrapped into one. And it's never been more apparent as to why it might be important than it is right now today. Um, you know,

bitcoin is a decentralized protocol. There's no company, there's no president, there's no marketing department, there's no UM, none of that. There's no budget, there's none of that. Um you didn't see it advertised on the Super Bowl because there's no company. Need to pay for it. Um. But the governments are doing a pretty good daing. They're doing a good dame job of doing the doing the promotions for us. They're proving as to why we need it. They're putting a

lot of focus on that, and it's pretty important. Now before the break, I was talking about how, um, you know, under this New Emergencies Act that Canada has proposed, they want to they want a blacklist like thirty four addresses. And so if you've they've they've identified these addresses, which I said, are um you know there there. It's an open source network. So while it's anonymous, we don't necessarily who owns that address. UM, it is. It is viewable.

So people can see that address, they can see UM where it's transacting, right, who it's transacting back and forth with. UM. So what can they really do with that? Right? What can they really do with that? Well, UM, there's a couple of things. So you know, a lot of people might be hearing about, or thinking about, or talking about things like called privacy coins. So privacy coins would be like mon narrow or z cash or pirate coin and

things like that. And the way that a privacy coin works is that it's not open source, right, So like with bitcoin, it's open and so you can see all the wallets and I could if I had a wallet address, I could plug it into like a block explorer, and I could see that this wallet sent money, you know, sent coins to this wallet, and this wallet sent coins to that wallet, and you can kind of follow those

types of types of transactions. It leaves a trail, but with privacy coins like mon narrow or z cash, it doesn't, and so you can't see all the transactions and it doesn't leave a history or a trail. And so a lot of people might say, well, if they would only use a privacy coin, then none of this would be a problem. But there's a couple of things with this. So first of all, um, if the government in this case as these thirty four um known addresses, Um, we

have to watch those. Well, this is where it gets kind of funny. I have to have a little chuckle because technology is going to make the nation state let's say impotent, let's say irrelevant. So they're gonna say, well, these thirty four addresses, you know, we can't do, we can't do transacted with them. Okay, well I could just probably go create a hundred new addresses in the next five seconds. So how about I just create a new

address and I send it over there. So the way that a bitcoin transaction works is obviously I'm sure it's probably a parent unless you're listening for the first time. By the way, you're listening to the Mark Maas show. If you're listening for the first time, then maybe you don't understand. But you're not really sending a coin, and there's no such thing as a coin. Bitcoin is just is just the network, and it's just code. And so the code is made up of um let's call it

bits and bites. They're known as u t xos. And so when I send a bitcoin transaction, it's made up of these ut xos or these bits and bytes that go together. And those bits and bytes um they get mixed together and they get broken apart, and they have

a history in their bitrail. And so what happens is, let's say that the government, whichever government, authoritarian government you want to you want to name, let's say that they say, hey, merchant, merchant A, you're not allowed to receive any coins that have the U t xos that are from these blacklisted addresses. For example. Now, first of all, the network itself, the Bitcoin network, it doesn't know any different. It says a network. It's going to send and receive all the transactions, all

the U t XO is the same. Only the merchant could be forced by a government, UM it's called an authoritarian government UM to restrict that transaction. So for example, UM, I want to go spend my bitcoin at McDonald's and mcdonald'sys, Nope,

we can't exceive that receive those coins because they were tainted. Now, the reality of that at this point in time is um that if I want to send bitcoin to you or you want to send bitcoin to me, I don't have a way to verify that, and you don't have a way to verify that, and McDonald's don't have a

way to verify that. Now, the banking institutions are that, I should say, the crypto exchanges they do so some of them have that capability and some of them are able to do that, but that's it's highly specialized and it's not being done on a wide scale. But the other thing is that there's a couple of things I

could do. One, I could use something known as like a coin mixing or like a coin joint service, and I could basically just obfuse, skate or kind of get rid of the history of the coin um So that's one option. Or number two, I could just literally, while I'm talking to you, create a hundred new addresses, and I could just send it from address one to two, to three, to four to ten to twenty thirty seventy And once you go through about six hops, they can't

really they can't really follow it anyway. Six hops of meeting and go through six addresses. And so this is where it kind of gets a little bit funny, where um, as the nation state continues to try to crack down on technology, they're going to find themselves more and more

irrelevant because it's code. You can't stop code. It's sort back to as I was saying in the six exteenth century UM where the Church tried to crack down on the printing press, and anybody that got a Bible or would read about it or talk about it was labeled a heretic and they were literally killed, literally, And as much as they tried to control that information, as many people as they killed trying to control that, they couldn't stop it. There was just no way they could stop it.

And eventually they lost their grip. And that's exactly what's happening today. The Nation State will try to control it. They're gonna try to pass a law that says you can't have a three D printed gun for example, really, because that's just code and I could know the code in my head. Are you saying I can't memorize words now? Is that much you're saying? Um? Like, in order for me to secure my bitcoin, I could memorize twelve words, So like I can't memorize twelve words in my head now?

Is that what the government's saying? I mean, if you think about it, Like the government has had a war on drugs, a pretty strong war on drugs. They spent trillions of dollars in the last um about four decades. And drugs have to be grown right in like Central America or South America. They're growing them. It's a crop, right, they have to be processed and they have to be then packaged. They have to be shipped, they have to be smuggled, they have to be distributed. And they can't

even stop that. They can't even stop them from getting into a prison, which is the most secure place. How are they gonna stop something completely digital, which is code that I can memorize in there in my head. They can't, And and not that they can't, they shouldn't. They shouldn't. Remember justin Trudeau's quote I read earlier, he said that I'll read it again. When the government starts trying to cancel the Center avoid descent is when they lose their

moral authoritary to govern. And so why should they try to cancel this O? Why should they cancel Why should they control what I can and can't do with my money? It's my money. I earned it. Now, I get it, I get it, I get it the argument right, But some people might do bad things with that money. Sure, people do bad things with cars. What about that guy from Waukusha or whatever that he drove his car through the Christmas parade and kill Those people should be banned cars.

I mean, I can go to the I can go to the hardware store and buy all kinds of things that I could harm people with. Should we ban all that? Now? People could use money to do those bad things. They can use lots of things. We can't just ban everything now. Those bad things should be illegal, sure, right, that should be illegally. Shouldn't be allowed to do those bad things. But to try to take away people's money is ridiculous. That's like saying we should just lock everybody in a

box so they can't do anything wrong. Um, we shouldn't inconvenience billions of people. We shouldn't take billions of people's human rights away to try to manage for the couple of people that might do something wrong with it. That's my opinion. Uh, I'd love for you to tell me if if you have a different opinion, go ahead and hit me on Twitter at number one, Mark Moss at number one, Mark Moss, and let me know what you think. Now.

I ran a poll on Twitter speaking of Twitter before the show, and I asked a question, um, with what's going on in in Canada the government trying to crack down on cryptocurrencies, the Nation States, Canada, the US. Um, they're trying to ban it, right, They're trying to say that you can't transact it. They're trying to say that it could you could be a terrorist if you use it. So does that make you bullish or bearish? Does this make you more worried that you shouldn't own bitcoin? Or

does it make you more in favorite? And uh over a thousand almost votes um almost said it makes them more bullish on bitcoin, and about almost twelve say they are bearish. What do you think? Hit me up on Twitter and let me know. By the way, you're listening to the Markmas Show, we're talking about the decentralized revolution. We're talking about bitcoin. We're talking about the intersection of politics, finance, and technology all coming together to change the way the

world organizes, operates and works. Hopefully that makes sense to you. It is the largest shift that we will ever see, probably, like I said, the largest shift we have seen in two hundred and fifty years um, if not five years, since the invention of the printing press. It's literally going to have that same effect, and it's the nation state is not going to go out with a fight. I know. I've called bitcoin the great bait and switch. Most people buy it for the price appreciation and they end up

staying for the freedom aspects, the freedom money. That's what's happening with the decentralized revolution. You're listening to The Mark Moa Show. Thanks for listening.