The Mark Moss Show Mar 07, 2022 - podcast episode cover

The Mark Moss Show Mar 07, 2022

Mar 07, 202236 min
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Episode description

Join Mark Moss (@1MarkMoss) this episode as he talks about how freedom starts with money, how technology has been the force of change in our society, and the convergence of the three revolutionary cycles making it seem like the world has gone mad!

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Transcript

Speaker 1

Hey, everyone, Welcome to another episode of The Markmas Show, where we are talking about the decentralized revolution that we are going through right now. We're talking about bitcoin. We're talking about the intersection of politics, finance and technology. We're talking about the intersection of those three things. That is

what driving is what's driving the world. If you look back through thousands of years of history, as I like to do, I love to go back and talk about history, um, you'll see that it's always technology that changes the world. It's the mega political factors that change the way that we communicate, the way that we organize, and as the way that we communicate, we organize the way that we

do business as that changes, the world changes. This isn't necessarily about politics per se um, but it seems political because it changes the organization structure of the world. Now, there's plenty of people online talking about politics all day um, and there's plenty of people talking about finance over there as well. What I'm trying to do is bring to you those three things together so you can understand them in context of what's going on in the world today.

Not just understand what's going on in the world today for your own peace of mind or just so for you know, for your own curiosity, but so you can navigate these things properly to protect yourself, your family, your future, your legacy, and so much more. It starts with the money. All money start or all a should say, all freedom starts with the money. As we we've been finding out lately and as we're going to dig into today. It starts with the money. That's where your freedom, that's where

your options come from. Your freedom comes from um, and then you can start to build on it from there your health, your freedom, your family, et cetera. So we got a lot of stuff to cover today. I try to bring to you each and every week. I try to bring to you some education to build your foundation on so you can understand what's going on, so you can learn how to navigate this. I want to bring to you the latest breaking news of what's going on, your up to date so you can see these play

by play as it's happening. Of course, then I try to bring you some of the brightest people in the space, UM, so you can hear some other perspectives. Then just for me keep it kind of interesting. So you listen to the Mark Moa show Um, like I said, talking about the intersection of politics, finance, and technology, bringing it all into context so you can understand today. And of course the intersection of those things is smacking us right in

the face as we speak. UM. If you've been tuning in with me each and every week, UM, First off, I appreciate that. If you haven't been, then just go ahead and take a second, right now, Why don't you just pull out your phone. You can put yourself a Calibram calendar reminder to join me each and every week the same channel at the same time. If you're driving, maybe well till you stop up. Otherwise put a reminder

joined me each and every week. UM. And so if you've been joining me, then you know we've been talking about, um, some of the stuff that's been going on in Canada that's obviously been dominated the news headlines for the last couple of weeks, UM, specifically the truck or convoy that happened. And again not talking about politics just for politics sake, UM,

But it's the intersection of those things. And so what we found is that in a democracy, which you know Canada as a democracy, which by the way, the US is not a democracy. The US is a republic. If you grew up saying the Pledge of Allegiance in school, then you know that to the republic for which it stands. And the difference of a democracy in a republic is that in a republic it's a representative government. And so, um,

that means that we elect representatives. So if you've voted, then you know that we have representatives for each state and we send those representatives to Washington to represent us there. And so it's not democracy. Um. I'm not a big fan of democracy, which maybe takes some people by surprise, but if you understand, democracy is more like mob rule, and so the majority wins. And the problem is when the majority want more of your money, for example, that's

a problem. So it becomes the tyranny of the minority. So for example, if there was like five or six of us sitting there and uh, you know, you guys that you guys made a lot of money. Uh, there's a couple of bill that made money, and we voted that. The majority of people said you know what, um, we think that you should just give us some of your money. And the you know, I'm like, wait a minute, I earned this money. I worked really hard for it. Well, we think you should just give us some and where

the majority. So that's just how it goes, and so you could see really quickly how the minority can be affected. But anyway, that's a different story for a different day. Back to the democracy that we have in Canada. And so in the democracy, the people are supposed to have a voice. And one of the ways that people can use that voice, obviously there's voting. UM. However, I think we're starting to realize that voting doesn't do a whole lot. Another way that we can use our voices by assembly.

In the United States, it's guaranteed to us by the First Amendment, the freedom to assemble. UM, and so we can assemble. And that's exactly what happened in Canada. UM. The truckers were assembling to show their you know, outrage, their protest, if you will, UM. And then it's what happened after that. And again, not trying to get into the political um discussion of what exactly happened in Canada. UM. And I don't even want to make a claim whether

that was good or not. I think, uh, you know, what's good is bad to someone else, and bad is you know, vice versa, etcetera. But what was interesting about it is what we're seeing happen in the world right now. And remember, as I said, right, technology drives change in the world because the changes the way that we work, we organize with, communicate, etcetera. And so what's interesting is that we have bitcoin, we have cryptocurrency. UM. As I've

been talking about. It's a technological revolution. It's different than a technology. A technology is a new technology, like the iPhone, and you know, the iPhone is cool and it's you know, it's it's kind of improves on the personal computer in the phone and kind of merge them together. And so that was an improvement and that was great and I like it. But a technological revolution is something that changes the course of humanity. What do I mean change the

course of humanity? I mean it changed literally changes the direct And so for example, there's been five industrial revolution. Um all of humanity. People were worked in farms, and now we had cities and factories. And then we had steam engines and railways. For all of humanity, we had horses, and now we have steam engines moving stuff across railways across the continents, um, automobiles, etcetera. I'm not gonna go with thre each one, but you understand how those changed

the course of humanity for all of humanity. People walked and rode horses, and then one day we had cars um, and so it's really big. And so we're witnessing one today. And this is the decentralized revolution that we're talking about. And so back to bitcoin, the decentralized revolution in Canada. So we have the we have the truckers. They're protesting.

They wanted an end to the mandates. Um. I think you know, one thing you want to be careful of is that they're really trying to pin this on you know, vaccines and these are deniers and they don't want this, but it wasn't really about that. What they want is they don't want mandates. What they want is they don't want to be told what they can and can't do. What they wanted is they wanted to be able to

work and provide for their family. Imagine that, you know, uh, as I study history, you can look back through just never ending um stories of basically cycles repeating from freedom and then you get oppressions. So then you get revolution, and then you get freedom, and then you get depression, you get revolution. It repeats over and over um. And what they ultimately want is they just want more freedom.

They want to be left alone. But ultimately, what the if you the proverbial straw that breaks the camel back, if you will, or the spark that ignites the flame, it's always when people can't provide for their family. So it's typically around food. If we look at like the Arab spring for example, right when prices get too high, people can't eat. You know, I could go through a lot of pain, but if it's my kids, my family,

then it's it's a different story. So you know, back to these truckers not able to provide for their family. But what what happened was is they were protesting and then they raised go fund Me. I've talked about this extensively. The go fund me account was frozen um. And then there was money given through gives Them Go. That money was frozen, and then anybody who donated to those campaigns also got their accounts frozen. Literally they were unbanked. They

were banked and now they're unbanked um. And so then what comes next, Well, how can we get the money that the government's can't freeze? Can't stop. And of course, inter stage right, if you will, enter bitcoin, and bitcoin popped up and showed that this is a way to send value, saying that as even money makes bitcoin sound too small as a way to send value, to transfer

value to somebody in a way that the government couldn't stop. Now, if that wasn't interesting enough, now we have the world watching for what's happening in the Ukraine and Russia, and so we have a war, not a world war at this point, but a war. And we are seeing that now Bitcoin and cryptocurrencies in this decentralized revolution is taking center stage. There's a lot to dig into. I want to talk about that. I want to talk about how finance is being weaponized. I want to talk about how

that's forcing people to build parallel structures. I want to talk about how this affects individual people and not just nations, and so much more. You're listening to the Mark Moa show talking about the intersection of politics, finance, and technology. We're talking about bitcoin and the decentralized revolution. We're talking about how what's going on in the world today is really pushing this into the world stage. And you need to understand this. So do not go away. I'm gonna

be right back with more in just a second. Everyone, welcome back. You are listening to the Mark Ma Show and we are talking about what's going on in the world today, and I'm trying to bring some context to you so you can understand it, and not just understand it just so you understand it, but so you can understand it so you can navigate it properly. Of course, we're talking about bitcoin, the decentralized revolution. We are talking

about the intersection of politics, finance, and technology. As I was making the case before we went on the break, that it's technology that is the driving force of change in the world that you is the way we communicate, change, the way that we interact, change the way that we organize. And politics maybe don't like it because it disrupts their old ways, their old monopoly and it just creates new ways,

and it's something to be mad about. It's not about uh, it shouldn't be politicized as far as left or right or red or blue or whatever you want to call it. It's just this technology. So for example, if I wanted to listen to Beethoven in the past, I had to have a hundred person orchestra, and then it went on to a record, and then it went onto a CD. And today I just stream it from my phone. And

it wasn't anything against the orchestra. I mean, those guys are great playing those instruments, and I like people playing instruments. I play instruments and people should. But today we just stream music. And uh. We used to take pictures, and we used to have film. I remember having out by disposal cameras. We go out for the weekend, take a

bunch of pictures, I go drop them off, get them developed. Um, we had books and books and books of developed photos everywhere, mostly in boxes, never never to be looked at again. And now we just take digital pictures. And there's nothing against code AC or film or pictures. It's just that's the way it is. And so today money is being digitized and it's not you know, some sides of the political ideology don't like it, but it's not anything against them.

It's just we're just softwares heating the world. That's just the way it works. So let's talk about this a little bit so so you can understand it. So what we obviously we have the rush of Ukraine situation going on. That's no surprise unless you've been living under a rock. But if you listen to me, then I'm sure you're not living under rock. Um. So we have that situation going on, and what's interesting is, of course, you know, the world condemns it rightfully, So I'm not I'm definitely

not for that. I'm not for violence of any kind. Um. I hate to see violence, oppression, or murder. So I'm definitely not trying to speak out for it in any way. But what's interesting about it is that the world has, like I said, come out and condemned it. And what they've really done is they've moved into sanctions. Right. So sanctions,

so this is where politics and finance come together. And so sanctions are a way that they could basically, um, you know, try to de escalate the situation or try to control the situation without going to war, which is good. You know, I prefer to be done diplomatically then going to war for sure. Um. And so these sanctions are ways where they can, like I said, force people to two things. By it's kind of the carrot or the stick, if you will. Right, So you have the carrot, which

is um trying to entice people to do something. And the stick is obviously punishment. As humans were very we're very simple creatures. Um, if you're if you're in business, or if you have studied any type of marketing, then you probably know this. But as humans were very basic, we're motivated by only two things. And now that you know these things, you'll start to notice that as you watch like marketing messages. But we're only only motivated by

two things. One humans we want to we're motivated to move towards pleasure. We want things that bring us pleasure. Oh, you're gonna look so good. Oh, people are gonna love you so much, or you're gonna feel so great. Right, that's marketing. And then we're also motivated to move away from pain. Um, don't let this happen to you. Watch out for this, right. So that's that's the carrot and

the stick, if you will. And so back to the sanctions and so, um, the world has been basically sanctioning Russia and the United States, which has the dollar, which is the reserve currency of the world, and it controls what's known as the swift banking system. And if you've ever sent a bank wire before, then you know what Swift is. It's the it's the messaging system that sends these payments around the world. I think it sends like uh,

I looked it up the other day. It was like fifty billion financial messages a day or something like or something like that a lot. And so the money moves around through the Swift system. And so what the United States can do is they can just say, hey, we'll just take away your ability to transfer money. Easy enough, right, But the problem is it's it's it's never that easy, and it's actually it's actually a very messy problem, and it has unintended consequences. Everything in a complex system will

always have unintended consequences. So complex system like your body, for example, your body is very complex and everything hangs on a razor then marge in and so unfortunately, what most doctors do today is, uh, they you come in and say you have heartburn, and they give you a prescription for heartburn medication. But they could tell you to change your diet and eat eat more vegetables and have more alkaline in your body. But instead they'll give you

a prescription. The problem is that that prescription now has unintended consequences. So of course, if you've watched any type of pharmaceutical add on TV, at the end they go through all the side effects that it could potentially have, right, um, and those are unintended consequences. The famous story is the is the cobra effect. The cobra effect is interesting. Um, it's basically a story. I'll give you the brief version

from India. And in India they have cobra's right, cobra snakes and and those are I've never come face to face with unluckily, but they're not a very friendly stake. They're they're a very deadly snake. And so they had they had a problem. There was too many of these cobras running around, and so the government had a bright idea. Government always has a bright idea. They just don't think about the unintended consequences. Ah. I'm not a big fan

of government intervention, if you might notice. I think free markets will figure this out. So let's talk about this the cobra effect and understand the consequences. So basically, uh, India says, hey, we have a big problem. We should do something. Right. Here's what we'll do. We're gonna pay people to go get a cobra. If they kill it and bring the cobra in, we'll pay them, you know for that. And that way we'll you know, would let everybody go kill all the cobras. We don't have to

worry about anymore. I'll pay it a little bit of money. Everything's good, right, Well not necessarily. So what happens is everybody starts going and getting the cobras and bringing them in, and they starting to make a lot of money. And then, you know, people are smart and they're like, I got a better idea. Let's just raise cobras. Now, we can bring twenty fifty hundreds of cobras at a time. And they did so. Now everybody's raising cobras and they're bringing

them in and getting getting paid. And the government finally said, wait a minute, wait a minute, this is ridiculous, like no, no, now, you guys are just raising them this defeat while purpose. Let's end the program. So they canceled the program. And when they canceled the program, what happened, Well, all those people that were raising cobras, that will they're worthless to us now and they just let them all go, and India ended up with more cobras than they had at

the beginning. That's unintended consequences, and that's exactly what's happening with these Russian sanctions. Back to the story. So the Russian sanctions, so, um, they shouldn't be able to transact, they shouldn't be able to buy things, they shouldn't be able to do all these things. And a couple of couple of things to note before we really dig into the meat of this and how Bitcoin of the decentralized

Revolution is really taken off because of this. A couple of things is that what you may not know is that the world is very dependent on each other, al right, not just Russia and the US, but everybody is depending on each other. So for example, um, the United States is heavily dependent on energy, um oil from Russia. Europe is very very heavily dependent on energy from Russia, both

oil and natural gas. So already you know, the Biden administration said, well, we're gonna sanction Russia, but we're not gonna sanction energy. Okay, well, what good does that do because their main export is energy, So you're gonna you're gonna sanction but not their energy. But that's that's what they have, so right, off the bat. Sanctions aren't very effective because we're not going to do that. But then

it goes even further. Right, So let's say, for example, what Biden did announce is that what we're going to do is we're going to sanction UM their technology. That's what we'll do. We'll we'll we'll prevent them from getting to technology. It's gonna hold them back. That's gonna be a big problem. So we're gonna cut them off from microchips UM and Taiwan says, yes, we stand with Ukraine will also cut them off from microchips. The problem is is that we need the elements that come from China

from Russia to make them. Anyway, I'm gonna dig more into that story. I want to tell you the unintended consequence of now that Russia has been sanctioned, the new parallel market that's opening up with cryptocurrency. This is fascinating a lot of stuff to talk about, talk about this weaponization of finance, and I want to talk to you about how the origin of this whole Russia situation came into play. A lot to cover. I'm gonna try and

getrough it pretty quickly. You're listening to the Mark Moss Show, talking about Bitcoin, the decentralized revolution, the intersection of these subjects. Like I said, I got a lot more to go over, so don't go away. I'll be right back. All right,

Welcome back. You are listening to the Mark Moa Show, and we are talking about bitcoin, the decentralized Revolution, and we're talking about how it's changing the world, um through politics, finance and technology together really the three of those things merging at the same time. I've talked a lot about the thesis there's three revolutionary cycles, a two fifty year political cycle, h fifty year technological revolution cycle, and an

eighty year financial revolution cycle. That are all three converging right now. And that's why the world seems like it's going so crazy. You've gotta understand these things. And of course we're talking about that right now. Specifically, we're talking about what happened in Canada and the and the sanctions where um anybody that donated to the Canadians or the Canadians were involved, about the bank accounts frozen. And we're talking about Russia and obviously they're taking over Ukraine or

are right invading Ukraine. We'll call it that, UM and how now there's all these sanctions imposed against them, and you know, so what's happening is is now they said they want to UM sanction them. Now a couple of a couple of things to talk about here, well sorry, not a couple of things. I got a lot of

things talk about, but UM specifically. The first thing that's interesting to understand is you saw in Canada front and center that UM the go fund me, the gifts and go anybody who donated to those things, anybody that was involved in those things got their bank accounts frozen and even shut down. And so what that what that showed to the world is that your money in your bank

isn't actually your money. So when we think of things in terms of censorship today, we think in things in terms of like, you know, my YouTube channel, which if you don't watch it, you should go to Mark Moss and check it out. But I think about things in terms of my YouTube channel, where if I say the wrong things, I'll be censored, right if I if I post the wrong things on Instagram or Twitter, which by the way, you follow me there too, it's at number

one Mark Moss. But if I post the wrong thing on Instagram, or Twitter, I get censored, but you don't think about things in terms of censorship in terms of your money. And that's exactly what happened in Canada, all right, So they censored people. They said, you don't have the right to use that money. You don't have the right to send it to these people. You can't use it in that way. And now in Canada. Now what's interesting is Okay, that happened to people in Canada. That happened

a little old single mothers donated fifty bucks or truckers. Okay, that's one thing. But there's three global superpowers in the world that have nuclear weapons, United States, Russia, and China. All the other countries are like tier two three global superpowers with nukes. And we just found out that even a global superpower with nukes, talking about Russia, got their

bank accounts frozen. What I get it. I mean that happens to people in Canada, right, Like little old ladies are like single people who donated the money, but like a sovereign nation with nucle your weapons, we just froze their accounts. It's pretty insane, right, And and that's because the financial system has been weaponized. What Russia found out

real quickly. Is the same thing that you should have figured out by now as well, that if you don't hold the actual asset itself, you don't have in in a code word would be root access to the database. You don't have control over that, which is pretty insane, right um. And of course, like I said, these unintended consequences. Then when you kick people out of the financial system, they don't just go away and die. They find another way to live, into work, and to get along just

outside of the financial system. And that's exactly what is happening. So a couple of things. So One, Russia has been ready for this. They've been de dollarizing for a long time their dollars, they've been dumping dollars and adding gold reserves. So it was about six hundred fifty billion dollars was frozen in their bank accounts, but they have another six billion in gold sitting in their bank and in their vaults. And the US can't do anything, or the Europe or

whoever wants to sanction, they can't do anything about the gold. Now, Russia exports energy, so think natural gas and oil. That's also assets. We can't do anything to stop that. And China just entered into a thirty year deal to buy all their natural gas outside of the dollar, outside of sanctions. I say that because now I want to talk to you about cryptocurrency and sanctions. And uh, it's not a mute. It's not an exclusive problem to crypto, right if you

think about it. The usum can censor people to use their banking system, but if somebody moves outside of the banking system, regardless of what they use out of there, they can't censor that. So for example, myself personally, let's say the US shuts off my bank accounts, which I hope doesn't happen, but they shut off my bank accounts. Um, well, I can't transact in dollars now, but if I had cash, so I could still transact in dollars if I had cash, but I could you know, I could trade you my

labor for something. I could trade you some item I have for another item you have. Right, So they can't really stop that per se um. They can just stop me from using dollars. And that's exactly what happened. But back to these unintended consequences, is it now forces me to find a way to live without the dollars. Now the dollars the reserve currency of the world, reserve asset of the world. UM. But if we it's like if I had a party and I started kicking everyone out

of the party. They're too noisy, they did this wrong, and they did that rong, etcetera. Eventually I find myself I'm the only one. I'm the only one left at the party. I'm by myself, and I have no control over anyone because they're not at my party anymore. As a matter of fac, they wouldn't started their own party, and I have no control. I'm on the outside of

that party. And that's basically what's happened. But you know, back to kind of the big story I want to talk about is that Russia has been finding out that cryptocurrency, just like Canada found out UM could be a tool that they could use UM to get around these types of the sanctions, right it UM. And so we're seeing UM what I'm calling the rise of the authoritarians and the authoritarians what do I mean by that? These are people who just want to tell you what to do.

They always want to tell you what to do, as opposed to giving you freedom to to to work on your own and so now, um, they're calling for cryptocurrency exchanges to quote should be shut down end quote if they don't suspend Russian accounts. So we saw, Yeah, who finances? Cryptocurrency exchanges should be closed if they do not suspend

accounts by Russians. Um Routers, the CEO of Hermitage Capital, said that cryptocurrency exchanges should face severe repercussions from governments worldwide if they continue to reject a blanket freeze of Russian accounts. Um, but think about that for a second. They want to shut that down. They want to shut down people's ability to transact, take away their ability to transact. But I don't condone what Russia is doing Ukraine at all. I don't condone any type of violence. I made that

clear already. But I don't hate anybody in Russia. And I bet you who the Russian people don't hate people in Ukraine either. It's the leaders, it's the government. They're the ones that are causing the problem, right the Vladimir Putin in Russia, he's bad and he's doing something bad to Ukraine. But I doubt that all the Russian people want to do that. I doubt the Russian people all hate that the United States has been engaged in war

in the Middle East for twenty years, dropping bombs. I don't hate anybody in the Middle East, and I'm sure you don't either, see what I'm saying. And so now we're gonna penalize all of the people in Russia because they live there. So now they can't transact. So the

Russian ruble, which is their local currency, is crashing. They're losing purchasing power, and uh, if you if your if your currency is crashing like we've seen happen in Venezuela or Argentina or Lebanon, are trying to get out of that currency as past you can before it comes worthless and you don't have a lot of options. And so those people are trying to get out to protect their assets so they don't die, so they can still buy food for their families later. And so one way to

do that is with bitcoin or cryptocurrencies. And now they're calling to shut that down, suspend the accounts of all the Russians, they say, but it really impacts all these people that are just trying to um, you know, save their own lives, save their family lives, if you will. But it's really putting bitcoin and cryptocurrency on their center

stage and showing that they can do this. But like I said, I wanted to just kind of build that case up because it's not cryptocurrency that enables this, it's anything that's outside the financial system. So if they have gold, which they do, they have massive amounts of gold, well, that also helps them circumvent And if they now make this deal with China which they did to sell natural gas um that also circumvent sanctions. So it's not it's

not bitcoin or cryptocurrency's fault. It's not bitcoin and cryptocurren to that enables this. They could sell their oil outside of the system. They could sell their natural gas house system. It's basically like I said, if you keep kicking people out, you're the only one left. But if you and but and the point is like with Russia, as long as they have those assets in their custody, they can always trade them. And that's the key peaces having assets in

your custody. We saw in Canada, we see in Russia. If you don't have the access, whether you're a sovereign nation or an individual, they can take your money from you, which is why bitcoin is a revolution because it's the first time in history I can hold custody of my own asset in a way that nobody can take it from me. You're listening to the markma Show. I got a lot more coming up. Do not go away, I'll

be right back, all right, Welcome back. You are listening to the Mark Moa Show, and we are talking about the intersection of politics, technology and finance, how they're all coming together right now in what we're calling the decentralized revolution.

Of course we're talking about bitcoin and cryptocurrency. We're talking about specifically Russia and how you know they're moving on you careering has been met with massive amounts of sanctions, and the sanctions, Um, it's kind of funny because, like I said, the sanctions aren't super effective on Russia because we're so dependent on them for energy, I think oil and gas. We're so depending on them that we said

we're not going to sanction those things, um. And so really what we're trying to do is kick them out of the financial system. But we're really impacting all of the people because now what are the people going to do?

And it's not their fault, um, But this is the point that we're trying to I'm trying to make here is that if if your if your money is not safe in Canada and as a as a sovereign nation with nuclear weapons, your your money is not safe, then your money whoevers listening to this, your money is not safe. If if if Russia with nukes can't keep their money safe from the U. S seaz in it, then neither can you.

And it's not just Russia. We also saw a few weeks ago, I mean it actually happened a while ago, but we saw that the United States sees Afghanian, the Afghanistan central banks money. There's about seven billion dollars in the Afghanistan Central Bank and the US just decided to take it. We're gonna take all your money now. Um that I guess you know that sounds good, right, I mean, uh, you know the Taliban, they're they're supporting terrorism and the

Taliban and you know whatever. But like, if you live in Afghanistan and you put your money in the bank, that means all your money just got taken from you. Just stop and think about that for a second. So, whether you're in Canada, or whether you're in Russia, or whether you're in Afghanistan, your money was taken out. You don't think it happens in the United States. Uh, don't do it right now. But when I'm done, go google

civil asset forfeiture. Just google that for a second and just see what happens to people's money here in the US. And so, um, what's happening right now is we're witnessing this new technology come front and center. And as I kind of made the case before, if I start kicking so many people out of the party, eventually I'm the only one left. And we if we kick enough people out of the financial system, eventually we're the only people left in this old legacy financial system and they've all

gone on to make their own new financial system. All right, now about sanctions real quickly. Um. I talked about this on my YouTube channel, and people like, oh, Mark, you must be pro Russia, you must be a Russian asset, right. No, Look, sanctions are fine, right. I believe that we vote with our money. So if I don't like you or what you do or what you stand for, then I would choose not to give you my money. Um, And that's how I would vote. So if the United States doesn't

want to do business with Russia anymore. Great, don't buy their oil, don't buy their wheat, don't buy what up? Sure, no problem, right, that's how we should do it. Um. But when you start trying to talk about like limiting what they can do, restricting like I said, the people there, that's when it starts getting a little bit more dangerous because at the end of the day, all you're doing

is going to build this parallel economy. All those people that were unbanked in Canada, all the Russians that are now unbanked, all the people in Afghanistan, they're unbanked. They're just gonna find a new system. And that system is going to be bitcoin, and it's gonna be cryptocurrencies, which of course the leaders do not like. As a matter of fact, like I said, they were calling for regulations on cryptocurrency exchanges. We saw that they're saying that bitcoin

sanctions could be next. Um apparently, Um again, it's a tool, right, Should they also ban gold? Should they also ban oil? And on and on? But one thing I want to talk about real quick, that most people haven't really thought about this is that when you start asking about what shouldn't we be sanctioning people UM. Eric Swalwell, he's one of our US leaders representatives. He calls for all Russian

students to be kicked out of American universities. I mean, these Russian students, they didn't have anything to do with this, and now we're going to kick them out of universities. You can see how now now they're they're actually even calling for UM to ban all athletes. Russian and Belarus athletes banned, tennis players avoid tour exclusion. I mean, it's it's getting pretty crazy, UM. But let's talk about where

this all started. Because when you start asking me, should we allow sanctions, maybe that's even the wrong conversation to have. Maybe we would have never gotten to this point to even make this decision if we had done things differently. So what do I mean by that? Well, you might remember about six years ago, before President Donald Trump took office, all of a sudden, we it was Russia, Russia, Russia, Russian collusion, Russia interfering with the UM election, Russia is

or Donald Trump's an asset of UM, Russia, et cetera. Right, We've heard all about this, and it was it was started through what was known as the Steele dossier. And the Steel dossier is something that the that the Hillary Clinton campaign came up with and supposedly it was the smoking gun, and it proved that Trump was a Russian asset, and it proved that Russia was meddling in our democratic process, you know, kind of like the U s LS and

everybody else's um democratic process. But um, what we know now is through massive amounts of investigations, we know that that was all fake. So here we have a New York Times, which I'm no family New York Times. They are very um sided to one side, we'll call it that. But the New York Times admits that anti Trump steal dossier was a fake. So the New York Times was a major promoter of the now debunk conspiracy theory that

President Trump colluded with Russia to win the election. In I'm not gonna go on to read the whole thing, but what happened is because the Clinton campaign and the establishment hated Trump so bad, they made up a whole fake narrative and they've ran with it for years and years and years. Even today they're still running with it. As a matter of fact, just a few days ago, um, as I was skimming through the headlines of a lot of these night, late night talk shows. That's all you

hear is a matter of fact. I'm gonna play two clips from Jimmy Kimmel. So I think we have one clip from Jimmy Kimmel. Qut up, Let's go ahead and play that first clip. According to a new poll done by Harvard University of Americans believe that Russia would not have invaded Ukraine if Trump was still president, which kind of misses the point. Trump as president was a Russian invasion of us. All right, So there you have it. I mean, it's dominating news as a matter of fact.

Kimmel went on to talk about Trump and Russia multiple times throughout that presentation, but a couple of things. He said. There one, Um, people believe that if Trump was still president, there would be no Russia Ukraine invasion. I think it's pretty interesting. Um that that just proved that Biden has just made things worse. But most importantly, he said that you don't understand Trump was a Russian invasion. So here

we are, six years later. Here we are after we already know and have proof that it was all made up in fake even after New York Times has come out and even admitted it. There's still pedaling this. And here's the key piece here. This is why I bring this up, be because of this fake dossier that Hillary Clinton put out and the media still running with it

like today with Jimmy Kimmel. Um, we made Russia the bad guy, the demon We demonized them, and the Trump administration couldn't have any communication with them, and so that that put Russia out in the cold. And so the US was trying to work Russia against China, work China against Russia. And now for six years we've pushed Russia out on their own. We've demonized them and the administration could have no contact with them at all, which has put them in the cold and now put them on

the side of China. If we had never done this Steel dossier, if the Hillary Clinton campaign never faked that, we probably never would have found ourselves in this situation in the first place. Um. But you know, being a bitcoin advocate and a proponent, I guess the silver lining is that at least we have bitcoin out in the open um now for a lot of people that don't understand. You know, you can buy bitcoin obviously on exchanges and you can, um, you can buy it. Typically you have

to go through this whole k y C process. Now I talked about how they want to start regulating these changes. Um, they want to start censoring them. Um, these representatives are actually calling for these um, these bitcoin exchanges to you know, freeze accounts and things like that. You listen to the Mark Moss Show talking about bitcoin and the decentralized Revolution. Thanks so much for listening.

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