Hey, everyone, welcome to the Mark Moa Show where I am talking about bitcoin and cryptocurrencies and this decentralized revolution that we are witnessing. We're living through it, you know. Um, it's probably you know, most people think about, you know, what's happened throughout their lives, and then you kind of
compare that to history books. And of course history books are full of these big moments, like you know, the American Revolution and the Civil War and um, you know Martin Luther King or JFK or whatever it may be, and like, you know, what's going on in our lifetime, and so you don't really you know, you don't really notice it. It's kind of like maybe the frog and the boiling pot of water. But I'm here to tell you that we are literally living through the biggest shift
that humanity has ever seen. We're seeing the entire world change right before our very eyes and kind of like watching paint dry. You probably don't notice it, but it's happening. It's I want to bring to you the information so you notice it. Um. You know, there's a lot of volatility in this world today. Um, it's scary, you know, we don't know what's going to happen right. In times
of this uncertainty, it's fear uncertainty and doubt. We call it FUD in the bitcoin space, fear uncertainty in doubt. And so there's a lot of fear in certainty in doubt, um and there, and and there's good reason for that, right. It's like when you don't know what the future holds, even if you're expecting something good to happen, there's still this anxiousness that sits there because you don't know what's
gonna happen. And so I get that. But the thing to understand is that through times of volatility, typically there's well, you're anxious, and so there's two outcomes, right, You're anxious that things could go bad, um, and maybe you're hoping that things go good, right, And that's I guess those are two outcomes that you have. And I would say that in times of extreme volatility equal extremely bad outcomes
or extremely good outcomes. And you personally listening to this right now, get to decide which side you want to be on. Do you want to be on the side that benefits from the volatility and has a better life, or do you want to be on the side that has disastrous outcome. You know, I think, um, the world is a scary place right now, and it can be depressing.
I mean, especially if you're paying attention to you know, the government overreach and the loss of privacy and the loss of freedom, and the loss of private property, not just private property in a sense where they want to take away our money, right, take away our assets. They want to now tax are unrealized profits we haven't even we haven't even realized. I mean, our private property is one under attack, and not just our property, but at the at the base of all private property rights is
individual private property rights, your own bodily autonomy. Without individual, Without the individual, there's nothing right. So it starts as an individual and individual rights, and then I would extend those. And so today even our own individual body is under attack, right, they're trying to take control of that, and so our our our private see, our property is under attack on every single level that we can see. And it's scary. And I know a lot of people want to ignore that.
I don't want to pay attention, don't. I don't want to. I don't want to hear about politics. I hear that all the time, Like Mark, I listen to you for finance. I don't want to hear politics, but listen, if you don't understand the politics, you're not gonna understand the money because it's political decisions. It's politice decisions that are driving this. And I'm not gonna dig into politics deep today, So don't worry about that. We're talking about bitcoin. We're talking
about the decentralized revolution. But but it does have something to do with that, because we're witnessing a game being played out on a global scale, on a global stage right now with bitcoin that is going to drastically change the entire way the map of the world is probably drawn up. And I mean that. And it can be a bad thing. It can be a scary thing because what's going to happen, but it can also be a
good thing. And so I like to say that, you know, an ostrich can choose to bury its head in the sand, but it won't stop it from being eaten. So you can choose. My favorite author, Iron Rand says, well, I don't know she's my favorite, but one of one of my favorite authors. She says that you can choose to ignore reality, but you cannot ignore the consequences of reality, and so that's kind of where we're at. And I think, you know, as we see this volatility, we can choose
to take advantage of it. And of course that's why I'm coming to you each and every week explained to you how big this revolution is. And as the world is getting scary and we're seeing our private property come under attack, I think it's easy to see that everywhere in the world at this point, we're seeing this very actually rapid move to authoritarianism. Now, um, if you're in Canada or Australia, listen to this, you're seeing it happen really really fast. If you're in China, you've already seen
it happen. If you're in the United States, you're also witnessing happening. But it seems maybe a little bit slower. And we're getting to a point where technology is kind of creating this, giving these authoritarians these tools that they could have this permanent, um, you know, hold on us, where they could prevent us from getting information we need and communicating and and all these things. And so that's scary.
But I think the only thing that breaks that trend towards with their attornism is not that they wake up one day and say, shoot, we have too much control, We have way too much power over people's lives. Why don't we just give some freedom back to them. If you think that's going to happen, well, then I don't know. What do they say? I have a bridge to tell you something like that. I don't think that's ever gonna happen. I believe what changes this trend towards authoritarianism is actually
pretty simple. It's one thing. It's competition. You know that when businesses compete for you, you're always going to get better products, better service, and better prices. Right, if you go to the d m V, it's the worst place. It's the example. It's the example I give of the worst business that you can go to. And why is it the worst business that you can go to the Department of Motor Vehicles or maybe called different in your state? Why is it the worst place? Because there's no competition.
It's the only place you can go. Their employees never get fired. They don't have to give you good product, service or prices, and so they don't. Now, if you're like me, if I can go to the Triple A, I'm gonna go there every time, and so whatever I can do, I'll go there because Triple A has competition and they want my business and to compete for that.
And so if the world's trending towards authoritarianism totalitarianism, the only thing that breaks it not is they want to give it up, but they have their force to because of competition. We've seen this in the United States. Both California and New York were outcompeted by Texas and Florida, and both governors found themselves on the chopping block. One survived,
one didn't. But we can see that plan now. But what about when nations, when governments start competing for each other, And that's exactly what's happening today, and bitcoin is causing those nations to compete. There are the two superpowers, China and the United States, probably the two of the biggest global superpowers today, and they both have two very different tales of bitcoin. And then we have smaller countries jumping
in with bitcoin that I think are setting themselves up. Well, they're they're currently out competing the superpowers, and I believe that these they're out competing is going to set themselves up to have a massive advantage in the future. And it's interesting. You know, Um, if we if we were watching like a movie about the future, right when you go back in time, don't dont don't touch that thing,
don't touch that thing. Want one small change in the past could drastically change the future, right, And so thinking about those those things, then you can also understand that one little change today could have massive changes in implications in the future. And that's exactly what we're talking about. China on the rise wanted to be the superpower. I think made what I'm calling their second fatal mistake, China's
second fatal mistake. I think that fatal mistake was could be potentially could be the United States big break if they want to take it. Um, it's a little bit up in the air whether the United States will capitalize on the China's mistake or not. It's looking like they will, but it's also looking like our leadership might not want to. And then we have the smaller countries and mostly Central America that have jumped on this. And I'm talking about
El Salvador. I mean, this is big, and so I want to explain what happened with El Salvador just this week. Now you probably know they made bitcoin legal tender a couple of months ago, last month actually, but even more stuff has been happening over last week. And I think understanding the tale of these three countries helps us understand
what the geopolitical picture looks like in the world. And it's important for you to understand because I think this is what breaks the grip of this or this trend, I should say. So, I want to talk to you what China's second fatal mistake was. When I come back. You're listening to the Mark mass Show talking about bitcoin, cryptocurrencies and the decentralized revolution, bringing you the information that you need to benefit from it. I'll be right back,
all right, welcome back. You are listening to the Mark ma Show, and I'm just sitting here, you know, bringing you the latest information on bitcoin, cryptocurrencies and whatnot. You know, nothing exciting, uh, you know, except unless you decide to take advantage of this information and change your life. Because
that's exactly how big this opportunity is. So if you're listening to me on the radio right now, pull out your phone, set a calendar reminder, and make sure to tune in with me eating every week because it's going to be the most profitable time of your week, listening to me with me, hanging me, hanging out with me. If you're listening, by the way, I would love it if you would. Also, while you have your phone out, open up Twitter, open up Instagram. Find me one Mark Moss.
That's right, one Mark Moss. That's just the number, one Mark Moss. Send me a message, tell me you heard me on the radio. And uh, at least tell me you heard me. And then if you can give me a follow, and even better at me send me a questions. I mean, send me a message. Love to hear it. But I was talking about, um, the Tale of three countries, and how all these changes that they've been doing lately
could have massive global implications. They already are, but I think it's gonna be much much bigger in the future. And so I was talking about China being the superpower. I'm talking about the United States, UM, and I'm talking about al Salvador. So UM jump into China real quickly, UM. China. Second fatal mistake. To understand the second fatal mistake undered
in the first fatal mistake. And so what I do is I go back about about a hundred and fifty years ago, sooner years ago, the entire world if years ago was moving towards words a gold standard. So to understand bitcoin and understand goal, you have to understand what is money. So money is something that's used as like a medium of exchange. It communicates value. So I have something of value, You have something of value. We want
to exchange. I have a cow, you have a goat. Well, in a barter system, you may not want my cow or my goat. So shoot, what do we do? Then? Well, I could Okay, you don't want my cow. M how about would you take my um plow? Would you take my um whatever? Right, so I'll trade you something else. Okay, you'll take my plow. Great, Okay, I'll trade you the plow, and then um you can take that plow and go
trade for something else. Right. And so we start using different things to the bart system, and eventually we have certain things that seem to kind of be universally needed. And then eventually the market converges onto one thing that's the best medium of exchange. And that's exactly what happened with gold. And gold has a bunch of money and properties of money that make it the best form of money. Um it's scarcity being one of them, divisible, portable, durable,
I'm gonna and many others. And so the whole world was moving towards a gold a gold standard. Now, the thing with the with money is that as I said that, the market will choose which one is the best, and they chose gold. And so as nations were switching over to use the gold standard, China didn't want to. China wanted to stay on the silver standard. They thought silver was better. And so this is an important lesson for
everybody that's listening right now for two reasons. One well, mainly, I guess what you choose to store your wealth and matters, and it matters a lot, all right, And so when you understand China, you understand it's better. And so for everybody thinking that, uh, I don't need to hold the best form of money, Oh I don't. I don't think bitcoin is the best. I'm gonna hold shebu Inhu instead, or I'm gonna hold dodge whatever it's gonna be. I'm
gonna hold silver, I'm gonna hold dollars. Whatever you're gonna hold. You have the right, you have obviously the right to hold whatever you want as your store of value. But what you choose will matter. So China didn't want to go to gold. They had a ton of silver, soiver had been money for millennium. So no, we're not gonna go to We're not gonna go to go, We're gonna We're gonna hang on to solver. Well didn't work out too well for China. As a matter of fact, they
lost big. Silver got devalued. Gold took off in value because everyone adopted it, and China lost their place in the global order. They lost their places as a superpower, and so they tried to hang onto it, and they kind of went to the Opian Wars in the early nine hundreds, about a hundred years ago, they gave up. All right, fine, alright, fine whatever, throw in the towel.
We'll we'll go to gold. Fine, we capitulate. Well, that was their first fatal mistake, right, If they would have switched over to gold early on, they could have maintained their position in the world. But they didn't, so that was their first fatal mistake. They finally capitulated in the early nineteen hundreds. They went over the gold standard. It was too late. The world had passed them by, and they were no longer on the world stage in the
superpower room. Well, for the last hundred years they've been trying to accumulate gold. Okay, fine, we learned from our mistakes. As China, we learned from our mistakes. We're gonna now move to the gold standards. We're gonna everything we can to accumulate goal. As a matter of fact, they have been the largest accumulators of gold in the world. So China does two things. One um, they are the largest importer of gold. They're buying gold from anywhere in the
world they can get it. They're buying it, they're accumulating it. Um. The other thing they're doing is they do have a lot of gold in China. So they're allowing people to come mind gold in China. Hey, everyone, come one, come all, come mine bitcoin. I'm sorry, comebine gold in China. The thing is, if you go mine um gold in China, you're not allowed to send the gold out of the country. You can mind the gold, but it has to be
sold to China. And so um China has become the largest holder of gold in the world, many times larger UM. I don't know if the Federal Reserve of the United States actually has any gold anymore. UM, I kind of doubt that they do. However, they report I think about eight or nine thousand tons of gold reports of China, which of course they don't tell us anything. They keep
all their records private. But based off of all the reports that we can find, based off of mining reports and importing reports and whatnot, it is estimated that that China sitting on about thirty thousand tons of gold, which is many times more than potentially what the United States might possibly be holding. So a hundred years China has been trying to recover from their fatal mistake and they've become the largest gold holder in the world. Well, China
was also the largest bitcoin miner in the world. A lot of people have said, oh, bitcoin is to centralize. China holds, you know, over half of the mining power, they could attack the network whenever they wanted, and blah blah blah, and and the truth was, yeah, China did have sixty of the bitcoin mining power. It was starting to go down, fifty of the mining power, etcetera. They did have that, and they could have done just like gold, where they said, hey, um, any any bitcoin that you
mine in China? Gets sold to us, you can't take it out of the country. They could done it, and they could have become the largest They could have controlled the bitcoin network. The miners don't control the network, but they could have become a big holder of bitcoin, like they're a big holder of gold. So just like holding a bunch of gold doesn't mean you control the gold supply, holding a munch a bitcoin does the mean you control
the bitcoin supply either. But just like they accumulated the most gold um, they could have also accumulated the most bitcoin, but they didn't. In May of this year, they decided to ban all bitcoin mineing and they kicked all the bitcoin miners out of their country. So they had the edge, they had the lead, and they decided by themselves to get rid of it shoot themselves in the foot. And
I am calling that the second fatal mistake. They've spent a hundred years trying to recover from their silver mistake, and they finally accumulated enough gold to win. But guess what, the whole worlds, the whole world switching from golden The whole world doesn't want gold anymore. JP Morgan City Bank both put out guidance. They said that they believed that bitcoin will overtake gold, that's the new race. But China, Nope, nope, nope, We're gonna when the whole world going to a bitcoin stand,
China is gonna hang onto gold. Sound familiar, right, their second fatal mistake. But it's been a big beneficiary for some other countries, include the United States. So most of those miners that left China found their way to both Eastern Europe like Kazakhstan, and into the United States, into Texas because of course Texas has massive amounts of cheap amount of energy. And the United States is now the largest center for bitcoin mining in the world, which is amazing.
It's also good for bitcoin because it's become more decentralized. So even though the United States is the largest bitcoin mining country in the world, it actually only has I think a little bit more than about a third of the bitcoin mining power, so we're China had over half, the US has about a third, but it's still the
biggest country beneficiary, which is great. But I still don't know if the United States is going to benefit from this, and I think some smaller countries like El Savador are actually showing us the way and are going to reset the stage in this global arbitrage, this game of global che us. If you will, you're listening to the Mark mo Show talking about bitcoin, talking about cryptocurrency, is talking about the decentralized revolution, and we're talking about the way
the world is going to get reshaped. This is gonna be big. I'll be right back, all right, welcome back. You are listening to the markma Show, and we are talking about bitcoin and cryptocurrencies and the decentralized revolution that we are witnessing, and we're talking about how the global stage, the geopolitical stage, is being changed. If you're just joining in, you've missed a lot, so don't miss again. Pull up
your phone and put a reminder. Make sure to join me on this channel this time each and every week. It's gonna be the most important, most profitable time of your week. I'd like to say I can guarantee you that, but um you know, knowledge is power only if it's actionable, so you gotta take action on it, otherwise it could be useless. But um, I talked about how UM China
to tell the story of China. We talked about how they made the fatal mistake getting rid of bitcoin mining um, and I'm talking about how the United States has become the big beneficiary of this. UM. They have now become the number one bitcoin mining country in the world, which is great. It's also great for the bitcoin network because it's become more decentralized. UM. We're China had over fift
the bitcoin mining power. Now we see in the United States only holds even though it's the biggest in the world, it only holds about so it's become much more decentralized, which is really good. I'm not quite sure where the United States is going to go with this though, I think, UM, at this point, I've talked about a lot. I'm not gonna dig into super deep here. I think at this point, UM, the United States will not it's not going to make
bitcoin illegal. It's not gonna do it. I mean, we've been told that the head of the SEC, Gary Ginsler, said that the head of the Federal Reserved m Jerome pal said that they will not make it illegal. We have banks now uh US Bank, JP, Morgan Goldman, Sachs All holding bitcoin. We have fifty million Americans poin bitcoin. We have an e t F now AHF with billions of dollars holding bitcoin. Um, this is not gonna happen at this point. UM, so that that that ship sale.
But the one thing that bothers me is that on the United States is in a very dangerous path to eliminate our energy sources, a very very very scary and dangerous path. I'm not gonna go super deep into that, UM, if you're if you're interested to know more about the energy crisis that's actually plaguing the world right now this very second, all throughout Europe and the United States, which is going to lead to all kinds of shortages, include
food shortages. It's happening in China, everywhere. UM. I have a whole like thirty minute video on this on my YouTube channel is Mark Moss, where I have the charts and graphs and stuff stuff I can't really show you on the radio here. But just the United States in this dangerous path to um get rid of their energy. And you know when Biden took off of some of the first things that he did was just shut down
oil pipeline, shutdown new drillings, shutdown all this stuff. And the United States has become a big beneficiary of bitcoin mining because of the energy that we have mostly in Texas, and so um, what's become a big opportunity. You know, we have to see will they continue to foster it. Now.
I think bitcoin is American as apple pie. Bitcoin represents choice, it represents freedom, it represents sovereignty, it represents individualism, it represents America through and through, and I hope that America will will welcome it with open arms. UM. In the last two weeks we saw UM there was actually a
big bitcoin mining meetings down in Texas. We saw some of the politicians, including Ted Cruz down there talking about how they want to make UM Texas, you know, the bitcoin capital, and so it's going in the right direction. And I hope, I hope that, you know, the Nited States will continue to embrace that. But then on the flip side, we have a small country like El Savador and uh, you're probably aware by now that El Salvador
made bitcoin legal tender back in September. And you know, El Savador uses the dollar, the United States dollar, and what happens is the Nie States dollar. You know, we're in the United States were having massive inflation. We're seeing prices going up like crazy everywhere. Gas lines up, lumber went up, New homes are up, use cars were up. I mean, our prices are going up like crazy, steaks up double UM. But if you think that's bad, you
should see what happens in other countries. Right The United States ship because we because we have the reserve currency here, we ship the inflation offshore. And the other countries are really really impacted by this. And so a country like Al Salvador, you know, they're stuck. They're stuck dealing with the inflation and stuck on the ost dollar. But the
other problem is that UM. Most other countries, they deal with a lot of remittances, and so people leave and leave and go to abroad and they send money home and that's very slow and very expensive, very time consuming. I'm not gonna go into all the details of that UM, but UM bitcoin has changed all of that for them,
and so they're embracing it. Millions of people now are using it to have money sent to them from overseas instantaneous and free, directly from their house, without having to gotten a bus and right five hours to get the money UM and so so Al Salvagre has really been embracing this. And there's a couple of things that have happened. So one like I said, that happened about a month ago, um, September seven, and um El Salvador Baugh, I think they
said four hundred bitcoin and two separate purchases. And then what they did is they sent that bitcoin out to all their people. So if you downloaded the bitcoin app and you live in El Salvador, you're gonna get thirty dollars in bitcoin. And that was cool. Um since that time, I think at that time September seven, the price of bitcoin was around I don't know, fifty thousand dollars, ish at fifty dollars. So if those people held onto their bitcoin,
they've done pretty good for themselves. They've they've come up pretty well, and the government itself has come up pretty well. And so that that's really big news. But but the El Salvador continues to dig into this, being the first country to put it on their balance sheet, to actually hold their reserves in bitcoin. Um, they've seen their their reserves go up in value. Now the United States reserves
go down. Well, when we don't have any reserves, all we do is live off debt, right, the United States lives off debt, So they also seen that go up but then we saw UM as the price has been dipping. El Salvador has been buying the dip and they continue to buy the dip. On September they bought UM another I think anywhere from five to seven d bitcoin worth at forty two dollars at that time, so they bought in.
They did at forty two thousand, and again it's at sixty thousand right now this weekend, so they made even more money. They turned their reserves, they increased their reserves pretty big UM, and now they hold over eleven hundred bitcoin, almost seventy million dollars a bitcoin they're sitting on right now, and I think that's amazing, not not just for the country, but also for the people who also held on to that bitcoin they got for free. UM. It's pretty good.
And then what El Salvador is doing is they have you know, the wealth of a nation has typically been with the natural resources that they have UM, and El Savare doesn't really have a lot of for resources. They got out a volcano, they got coconuts. It's not worth a lot UM, but now they're using that volcano to create electricity and using that electricity to make even more bitcoin. To mind, bitcoin, and so they're all in and they're really benefiting from this big time, and the world is
watching this experiment. We're watching this go down now. A bunch of other essential American countries are trying to get on board with this. Right now, if there's five other countries that are trying to jump on this, and we'll see how that plays out. But we're literally watching global governments compete in real time. China making a second fatal mistake instead of holding on the gold that instead of holding moving to gold, they hold on the silver they
lost out UM. Now they're the largest gold holders UM, but instead of embracing bitcoin when they had the lead, they got rid of it to hold gold. I think that's their second fatal mistake. The US became the big beneficiary and is at a point where if we want, we have the lead, if the United States once they can become the largest country in the world with it UM and it's like I said, Americans apple pie and they should UM and we'll see what happens with that UM.
But in the meantime, we have some of these smaller companies that countries that don't have much to lose, like Al Savador, who are literally UM winning at the game of adoption. In the whole world is watching and waiting, and I think this is going to be very interesting to see what happens as this plays out. My guess is that El Salvador becomes a huge success UM and
other countries are forced to follow suit. We've seen this from the I m F. The I m F is, of course, the central bank above all central banks, and they are now coming to the table to play ball with El Savador, and I think it's gonna open up the door for other countries to use it. UM. But the I m F isn't all rosy on bitcoin. As a matter of fact, there were some quotes they put out this week that are that are a little scary. UM. I think they're trying to hang under their power, their grip.
So I want to tell you exactly what they said because I want to. I want to. I'm gonna quote it because I want you to hear directly from them, because it's kind of scary if you hear what they're trying to say, and it might bring some of this more into clarity for you, at least if you're trying to navigate, you know what's gonna happen with this globe
will shake up. By the way, you're listening to the Mark Mass Show where I'm bringing to you the latest information on bitcoin and cryptocurrencies and this decentralized revolution what I'm calling the biggest opportunity that you'll ever have in your lifetime. This is not a new technology. This is a technological revolution. The difference is the technology is cool. It increases, you know, the quality of our life. Maybe a technological revolution changes the way humanity works. It drives
financial markets, and that's exactly what we're witnessing. And of course, um, a lot of people don't understand it, which is rightfully so. But I'm going to explain to you listening to the Markmas Show. I'll be right back. All right, welcome back. You are joining the Mark Mass Show when we are talking about bitcoin and cryptocurrencies and the decentralized revolution, and I'm trying to help you navigate this correctly. I do not want you to miss out on what this is.
Most likely, whatever you heard or what information you have, it's probably wrong. And the problem with having wrong information is it just messes up your opportunity. Right, Um, you could over allocate, over invest you could under allocate, under invest whatever happens. With the wrong information, you can't make the right decisions. And so I'm trying to bring to you the right information so you can make the right decision, so you can navigate this giant opportunity the right way,
the best way. And so that's what I bring to you each and every week. Make sure to set a reminder on your phone for this channel at this time and join me each and every week. And of course hit me up on social media. One Mark Boss. That's one Mark Boss. That's that's the number one on Twitter, Instagram, you can find me, send me a message, tell me you heard me on the show. Asked me a question, and make sure to answer it. And we're talking about
this global shake up that's happening. I believe that the global stage is being rewritten. We talked about China being the superpower, making a second fatal mistake and losing their position in the world. Again. We talked about the United States is a big beneficiary of that and has the opportunity now to step up and take advantage of this.
Will they will they not? Will find out, And then we talked about El Salvador, a small little country that is embracing it huge uh, the right way in my opinion, and they are coming out on top and it's gonna be really interesting to see play out. Of course, I talked about how competition is what I believe will break the trend that we are sliding into into authoritarianism, and so I'm excited to see this play out on this on this global stage. Now. Um, we talked about those
three variables. I want to I want to jump a level higher now. So each country has their own central bank, um, and above each country central bank is the I m F and the World Bank. And that's like the central bank above central banks. And so the I m F kind of tries to does kind of does set policy for the central banks in each country and and um, you know they've basically been trying to control what else
salvad Or does with their bitcoin. And if we look at like an article from the I m F, it says that their mandates, they have a mandate, this is their order, this is what they have to do, and it says quote the I m F promotes monetary cooperation and provides policy advice and capacity development UH support to preserve global macroeconomic and financial stability and help countries build and maintain strong economies. Okay, that's quote UM, so to
to to simplify this. Basically, what they're saying is that, Um, what they're trying to do is they're trying to influence global markets. They're trying to influence them so that they continue to um, preserve financial stability. And they do this with obviously having lots of control. And how do they have that control um or centralization. Well, they do it with money, with loans, right, and they issue loans to
these countries. Um. How do they get those loans, Well, they get those they get the money from their member states countries like the United States, a whole bunch of rich people basically, So, a whole bunch of rich people basically influenced the entire globes monetary policy. And of course this is not conspiracy as a public information, it's easy to find out. UM. And they're trying to maintain the
status quo, right, that's what they're trying to do. And so you know they don't like something like bitcoin because Bitcoin is out of their control. Bitcoin is not in the status quo UM. And so they're trying to maintain their power as a matter of fact, previous head of the I m F was Christine Legarde, who is a UM convicted criminal. Um. She didn't lose her powers a matter of actually got promoted. She's now head of the ECB, the European Central Bank. Um. Go ahead and look it up.
You can find she was convicted. UM. And basically she said, and I'll quote her, she said that innovation, so something new, right, innovation, something new like bitcoin, innovation is a threat to our financial stability. That's when she was with the I m F. Well, what what she's actually saying is that innovation is a threat to our financial monopoly. Right, it's a threat to our status quo. But she says, a threat to our stability.
So whenever they say, going back to their quote, I said, I said, uh, provide advice and capacity development support to preserve global macroeconomic and financial stability. So what they're saying is uh, their grip, right, there's their status quo, and so they're trying to maintain that. They're trying to hold onto that. But Bitcoin fixes this, like bitcoin fixes everything. I like to say that, I'm not the only one
that says it. In bitcoin world, we say it, that fix the money fix the world, and bitcoin is offering a country like El Salvador, or people in the United States or anybody else who wants to embrace it a way to hold their wealth, whole, their value, store it in a way that can't be inflated away, it can't be stolen. So when a country like the United States, the Federal Reserve or the I m F creates more money,
it dilutes all the existing money. So right now you think, shoot, home prices are going higher and higher and higher, that's a good investment. Um cars are getting more expensive, foods getting more expensive. No, it's not that it's getting more expensive. It's the dollars that you have are worth less, and so they buy less and less and less. So when they print more money, they're literally stealing your money. Now, if you had a hundred dollars in the bank, you
still have a hundred dollars in the bank. You still have the same amount of dollars, but the amount of goods and services that those dollars will buy is less, and it's less because they printed more. So they're literally stealing wealth from your stealing value from you. And so bitcoin allows us to hold our wealth and our value in a way that can't be seized. It can't be inflated away, it can't be stolen. UM. The I R S the government can't freeze your account. They can't seize
your account. Um, they can't do that. And so the I M f UM, which you know, settles these issues between nation states. They need to be able to UM create this money out of thin air. They win. They I mean, where do they get the money from. It's not in their savings account. They create a loan and they're basically creating that money out of thin air. They're debasing the currency right just like the Federal Reserve does. And they need to have that because that is their control.
If I can create money out of thin air and give it to you and force you to do something that I want, then of course I have the control over you. But if we move to a system that they can't control, like bitcoin, that they can't print more of, they can't create more out of thin air, and guess what happens. They lose that grip. They lose their ability to maintain financial stability as they call it, or as we call it, their financial grip, their financial monopoly, which
is exactly what we want. What we want is we need to take humans. We need to take mankind humans out of the equation. Unfortunately, some people just want to manipulate things. And so as long as you have humans that run the money supply, the monetary supply, they're gonna try to cheat. They're gonna try to get something for nothing.
If you could print yourself money, you probably would, and so um by recognizing that, we need to come to a system that can't be controlled, and that's what bitcoin is. That's what bitcoin represents. It's a system that cannot be controlled. Nobody can create more bitcoin. And so a lot of people think that bitcoin isn't fair because people had an unfair advantage. You bought it today, but some poor people won't build to buy it until later in the future.
But that's not the definition of fairness, right, everyone has a chance to earn bitcoin equally. That's fair. What's what what's fair about it is that nobody can create more of it on their own. The fiat money system that we have today that the I m F is trying to preserve is a system where they have an unfairness, where they can create money for themselves and they can give it to their friends, and they have an unfair advantage.
That is the problem, and that's exactly what bitcoin replaces, replaces that legacy system where the I M F or any central bank has a grip. So Christine Legard is right, it does threaten their financial stability, or again, in my words, it threatens threatens their financial monopoly. And that's what we want. A new system, a fair system that can't be controlled, that can't be manipulated, where you can hold your wealth in a sovereign way, a portable way where you can
take it with you anywhere. And that's exactly what's happening. That's why El Salvador is moving to it, getting off of the off of the dollar standard. That's why corporations like micro Strategy are doing it, That's why nation states are doing it like El Salvadoor. That's why I'm doing it, and maybe you will too. You're listening to the Mark
Moas Show. I'm trying to bring to you the latest information on bitcoin and cryptocurrencies in this entire decentralized revolution that's happening because it's literally going to change the way humanity works in every area. We're talking about the money today, we can talk about some more parts next week, hopefully you join me. But it's going to change everything. It's literally taken away the oldest problem that mankind has ever had, which is going to have a massive, massive implications in
the future. And if you join me ea and every week you're gonna have the information you need to navigate this correctly. Again, this is the Mark Mo Show. Thank you.