The Mark Moss Show Nov 17, 2021

a fraud, whatever, and you're laughing. Um, but if you'd just check your bias at the door and allow me just to kind of tell you some things, maybe you'll change your mind. Um doesn't cost anything to hang out with me each and every week, but it could sure as heck make you something. So just approach with an open mind, because, like I said, it is the biggest

opportunity that you'll ever see. It's literally changing the world now a lot of times, especially you know, when I touch to people in America and the developed world, Canada, et cetera, they say, why why do we need crypto? Are in sees like the dollars fine. Isn't it? Isn't everything fine? Like the dollar works good? What do I

need cryptocurrencies for it? But it makes no sense They're worthless? Right, So UM, what I'd like to do is, um, I'd like to approach this from different angles, and if you tune in for the whole show, you get a whole wide range of topics regarding this. But I want to dig into the why why is this important? Because I think if you understand that, then you really be able

to grasp what's going on. And so some of the biggest news that broke out this week, and each week I'm bringing you the latest news each week so you

can stay in touch, so don't don't miss. But this week the biggest news was that the United States government, the BLS, the Bureau Labor Satistics, has put out the new CPI numbers that stands for Consumer Price Index that's basically tells us what the inflation is and told us that inflation is over six percent, which is a thirty year high, the highest it's been in third to years now.

A lot of you maybe that's not a surprise because you've noticed that it cost twice as much to fill up your tank with gas, or your stake costs more or whatever. So maybe that's not a surprise to some of you, and some of them of you, maybe it is. But basically, uh, inflation is is a nuanced argument. It means a lot of things to a lot of people.

But I like to go off of Milton Friedman's definition of that, and he says that inflation is always in everywhere a monetary phenomenon, always in everywhere a monetary phenomenon. So inflation is caused by the money supply, That's what he's saying. Now, when the money supply increases, it's inflating like a balloon, right. You inflate the money supply, and when you inflate the money supply, it causes the prices of everything else to go up. So that's why he

says inflation is always a monetary phenomenon. Now you're being the media is gaslighting you. I just I've used that term for a long time. It started to get more and more popular. Gas lighting. I recently had to go look it up and figure out what it was. And it's from some like old Victorian play where the guy was turning down the gas lamps on his wife and she was thinking it was like nighttime, and he was telling her it wasn't and he was like making her

insane by doing that. And that's what the media does to us, the gas lighting us. They're saying, what you see isn't really what you see? What you here isn't really. No, no, no, it's not that. It's not that, but it's like, no it is, I mean I see it. No no, no, you don't see it. It's not what it is. Kind of like that's that's where the term gaslighting comes from. Just like the play and that's exactly what's going on.

And so you know, um, they are leaders now are leaders now say that the inflation, the CPI is six But that's gas lighting because as I said, like the gas in my car is double stakes up um use cars are up thirty five percent, natural gas is up eight uh, lumbers up three um fertilizer which of course fertilizers needed to grow food is up a thousand percent. So huh six percent? Where did they get that number? Well,

they get that number by manipulating the numbers. Okay, so before I get into the manipulating, but let me tell you why you should care about this. So as the money supply goes up, it makes the price of all the goods and services go up. As I just said, gas, steak, milk, real estate, et cetera. It's not really a matter of everything getting more expensive or your home becoming more valuable. What's happening is the dollars are becoming worth less and

less and less. So every time they print more dollars, the existing dollars are worth less. And so when they say that we have six percent inflation, let's just let's just use their numbers. That means in five years, six times five is thirty. If I'm good at math, there's

a thirty loss and purchasing power. So that means if you had a hundred thousand dollars in the bank today, in five years from now, you would still have a hundred thousand in the bank, but it would only buy you seventy thousand dollars worth of goods and services in today's value. So you're still have the same amount of dollars in the bank, but they buy less, they're worth less.

And so what's happening is when the government's printing all this money, and so now the Biden admin is trying to push through another uh, you know, three and a half trillion dollars infrastructre spending. Now they're trying to get downf to two trillion dollars. But every time they print another trillion, it just steals literally robs you of your purchasing power. And so that's a big deal. So when they say it's six, that's what that means to you.

That means they're taking your purchasing power. And the problem is is that this the government has gotten themselves into this very sticky situation where now we have inflation is running rampant. They're saying, oh, it's it's transitory, it's gonna go away. Um, they're saying that, oh, it's because of supply chains, and then as as soon as supply chains get back, it's going to be fixed. But it's not. And I'm gonna I'm gonna explain to you why that's not the case. Before I do that, I just want

to explain this is why bitcoin, right. Inflation is always a monetary phenomenon. It's always caused by the inflation of the money supply. Nobody should have the power to steal wealth from me or you. No one should have the power to do that. That's theft. So the government knows that they can only raise taxes so much before the people revolt, and uh and and and throw, you know,

throw a fit here. So you know, fifty percent maybe if they can tax the rich at sixty percent, but I mean before too much, you know, people are going to flip out. And uh, you know about half the people in the United States don't pay taxes anyway, net net taxes anyway. And so what they do is, instead of raising taxes, they steal from you a different way,

and that's by printing themselves more money. And not only does not only do they steal value from them yourselves that way, but then they print more money for themselves, they give it to the banks. The banks give it to their Wall Street buddies like black Rock, and then black Rock takes that money and go buys all the single family homes across America at thirty five over the market value. So not only are they stealing the value from your money, then the money by printing it. Then

they give that printed money to black Rock. They pushed the price of real estate up. So now two things happened. One but they stole money from you and pushed the price of real estate up and made your dollars buy less at the same time. It's a double whammy. My dollars less and homes went up at the same time. I'm getting screwed from both ends. No one should have

the ability to do that. As long as one group of people have to trade their time for money and another group of people have a money printer, he leads to slavery every single time. And that's why bitcoin. I want to get more into what they're doing to to kind of steal your wealth. I want to tell you a report that came out by the I m F. The I m F is actually they're kind of like the central bank above central banks. Um, there's a report

that came out I want to tell you about. But then I want to tell you how we can not only protect ourselves from this, but actually how we can benefit from this at the same time. UM, you might have a little hint, but that's what I'm gonna tell you. By the way, you're listening to the Mark Moa show, we're talking about bitcoin, We're talking about cryptocurrencies. You know, we're talking about this decentralized revolution, and really I'm focusing on why why should we even care. Why is this

opportunity so big? Why will it change the world? And why should you be listening to anything that I'm saying. So I want to tell you about that because I think, Um, if you understand that, then you can understand how big it is. You know, then you'll look past all these people. Let's say it's a scam, it's a joke, it's audits or whatever, whatever, whatever, um, but it's that big um. And you know, a lot of people think that we

need inflation, we need the money supply to grow. If the money supply doesn't grow, how does the economy grow? They say, Well, I would just ask those people one simple question, would you rather And I'll ask you, would you rather your money that you've worked for and saved. Would you rather your money buy more goods and services in the future, or would you rather your money by

less goods and services in the future. And of course the answer is we want more, which of course is why we don't want inflation, which is why we don't want which why we won't bitcoin. You listen to the Markmas Show. I'll be right back, all right, welcome back. You are listening to the markma Show, and we're talking about bitcoin. We're talking about cryptocurrencies. We're talking about this this entire you know crypto revolution that you hear so

much about. We're talking about, um, all these digital tokens. This, this is the whole revolution and what I'm really focusing on before we went to the brake, because it's focusing on why, why do we need it? What? What? What's the importance of it? Because you know, it all comes back down to, you know, why it's important to you. It said, you know, one man's trash is another man's treasure.

I don't like it when someone say it's it's not worth anything, because it might not be worth anything to you, but it should. You know, sure it's heck worth something to me or two to other people. But the only the only people that would say that it's not worth anything or people that don't understand it. And so um we were talking about before the break, how inflation at a new thirty year high over six percent, but for the consumer Price Index, but it's really way higher. Um.

They've they've changed that CPI number multiple times. They changed in the eighties to change in the nineties. If we went back to how they calculated in the nies, were at over fifteen percent inflation, but even that's low. UM. It affects this differently. But you know, gas at the pumps up fifty right, homes are up UM, and so

it affects us differently. And the reason why is because they're printing so much money um and they're you know, they're basically stealing from you what they're doing when they're printing that money. Now, what happens is any any nation, any government does this towards the end, as they're losing their grip at the end of the empire, they impose

something called capital controls. And the capital controls are basically a way that they do what they say, they control the capital, meaning they don't allow you to move the money in or out of the market because they need to control it. So what happens is, if you know, you're in Venezuela, that's a good example of hyper inflation where the money is like literally losing you know, just

inflated by a year. The money is losing value so fast you have to go out multiple times a day to buy goods and services because it's like it's it's literally going up that fast. And so what they do people are like I need to I need to get rid of these um Venezuelan dollars, believe ours as fast as I can, and so I'll exchange them for for US dollars because US dollars aren't aren't losing their value

that bad. And so what they do and the more people that would leave the UH Venezuelan dollar to go to the American dollar, um, the more people that do that, the faster the Venezuelan dollar drops, and they have less control over it. And so they do something called capital controls to lock you in so you don't have a way out. There's no life raft for you. You're going down with the ship, they say, right, and so let me give you some examples of how they do this.

So um in in in pretty much every every nation in the world has a central bank. The central bank prints the money stealing from us. And then above all the nation's central bank, there's the i m F, the International Monetary Fund. It was founded back in under the Breton Woods Agreement when the entire world agreed to go on the a global monetary system under the gold standard.

And so the i m F kind of sets like global monetary policy, and there's a there's a paper that I was reading this week, and it was written back in January two thousand and fifteen from the I m F. It's called the Liquidation of Government Debt, the liquidation of government. Just think about that title for a second. So it says here the summary, I'm going to read it directly from their from their thing quote it high public debt

often produces the drama of default and restructuring. Okay, So what they're saying is, when you have a lot of debt, there's a greater than average chance that you might default or have to restructure it. Okay, sure it makes sense, it says, but debt is also reduced through financial repression. Keyword there, financial repression. I'll explain that more so, the debts reduced through financial repression. It's a tax on bond

holders and savers via negative or below market real interest rates. Okay, so it's a tax on bond holders and savers. So if you're saving money in your bank account, then there it's a tax on you because they're printing money, they're stealing the value of the dollars in your bank account. But also if you're a bondholder, so most people that are using financial visors today have something known as a sixty forty portfolio, goes into stocks, goes into bonds. Well

they do that. They've put you into thatt split so they can steal money from you. This is what they're saying, Let me go on. It says after World War Two, capital controls and regulatory restrictions created a captive audience for government debt. Let me read that again. Capital controls and regulatory restrictions created a captive audience for government debt, limiting tax based erosion. So again, capital controls are forcing you to stay in a captive audience. They won't allow you

to get out and save yourself. It says. Financial repression is most successful in liquidating debt when accompanied by inflation. So inflation they print money and make sure thatways worth less. And then what they're doing is below real interest rates. So what does that mean? So when you're buying bonds, you buy the bonds, which is government debt. So the government wants to borrow money, they issue a bond, and you buy the bond. They agree to pay you the

money back plus interest. Right right now, today, a tenure um treasury bond is paying you about one and a half percent one point five percent ish um. And so if I guarantee or I give the government my money, um, here you go ten years, you have it. You give me my principal back plus one point five percent interest. But inflation is six point five percent, So I'm making one point five percent, but I'm losing six five percent, which means I'm actually losing net five percent of my money.

So basically what's happening is I'm paying the government to borrow my money. Instead of them paying me, I'm literally

paying them. Does that make sense? Because it's negative yielding, I'm actually losing more, so they're paying me back with with weaker currency, and so they're basically created this trap that is for the International Monetary funds paper and so all these financial advisors have been basically kind of hired put together by by the everyone is by the central banks to put you into the sixty forty splits um, so all your money is tied up in the bond

market so they can punish both savors in their own words, financial repression, both savers and both bond holders. That's why bitcoin is here. Bitcoin is the life raft. Bitcoin is the release valve. If you don't like the value of your dollars being stolen from your savings account, which I don't. I don't. I can't imagin anybody likes that. They just

don't know about it. If you don't like the idea of your your financial advisor pushing you into a into a bond portfolio that's literally losing money and designed to steal your wealth, which again I can't imagine you would, Well you don't have another option? Well you do. I mean, I suppose you could buy um, you know stocks, right, but still they're still deflating, they're still stealing the value

from that. And that's why bitcoin. Bitcoin gives us that release valve, It gives us that way to get outside of it. Stocurrencies do that, um and and that's exactly why China made cryptocurrency is illegal. Um about you know, five six months ago. They're in really bad shape. I'm not gonna get super deep into China, but they're in

really bad shape. And they do not want people escaping out of their currency because as more and more people escape, the faster the currency goes, and then it pushes, so people build the dollar go to bitcoin, Bitcoin goes up, and the dog goes down. Well, people are like, well, shoot, I'll go to bitcoin, which pushes up the dog goes down, and then the more that people do it, the faster it goes and eventually it's out of control. That's how fast it's. Uh, it's one of those things that starts

to spiral out of control. Once it starts, you can't really put the genie back in the bottle. And that is why bitcoin. Hopefully that makes sense. Now, I want to tell you one other thing. I don't tell you about the supply chains because this the CPI number, the six and a half percent inflation. Um, it's not going away. They're blaming it on supply chains, and I want to explain to you why that's not the case so you can better understand why we need something and like bitcoin

cryptocurrencies to have that alternative. By the way, you're listening to the Mark Ma Show where I talk to you about bitcoin and cryptocurrencies and the decentralized revolution, bring you the information you need to benefit from the largest wealth transfer we will ever see in our lifetimes and multiple lifetimes. Again, it's the Mark Ma Show. I'll be right back, all right,

welcome back. You are listening to the Mark Ma Show and we're talking about bitcoin and cryptocurrencies and the decentralized revolution that's taking the world by storm. And you know, there's so many angles. It's such a big subject. It's such a big topic. I've been researching and writing and speaking and talking about this for seven years and it never gets old because it's changing so fast. And the more that I learned, the more that I realized that

I don't know. And so each and every week I'm coming at it from a totally different angle, with a totally different way to look at it. And the more angles you have, the more ways that you can look at it, the better equipped you'll be to take advantage of what's really going on. And so I come to each and every week, grab your phone, pull out a pull out your phone, put a calendar reminder at this time, this day, this channel, and I'll be back with you each and every week. UM, and I think it's going

to be the most profitable part of your week. Now. Before the break, I was talking about, um, why why do we even need this, because there's a lot of people have that question. It's stupid, it's pointless, it makes no sense, it's a waste of Time's a waste of money whatever, blah blah blah. Well, um, it may be worthless to you, but it's it's not worthless um to everybody else. And so I was trying to explain one of the one of the many, many reasons why uh

it's important. So we're talking about this week, the government, the United States government put out the CPI numbers, the consumer price inflation numbers, consumer Price Index numbers, which shows the inflation it's at a thirty year high over six percent. And how I was explaining how that's basically theft. Basically that means your dollars are just buying less goods and services.

And I went on to explain how they use capital controls to lock you in the system, and how the i m F published a report that says that that's actually their stated goal. They're literally uh keeping you trapped so they can continue to steal your wealth um, not only through inflation, which robs your savings, but also through negative yielding bonds, and so they're stealing from your bonds as well. So if you're with a financial advisor and they're putting you in a sixty forty uh portfolio, I

would recommend to find a new financial advisor. But moving on from that, I wanted to talk about something which was I used the term gas lighting before. The media has always gas lighting us. They're telling us what we see, what we hear, um is not what we see and what we hear and so um they're saying, you know, nah, inflation is not a problem. It's it's fine, it's fine, but like, meanwhile, it's like twice as much to fill

up your tank. Um. And now what they're telling us is that the the inflations transitory is gonna go away. And the reason why it's because it's about the supply chains. And once the supply chains get fixed, then everything's gonna be okay, and uh, inflation goes away. And I would say that's gas lighting. They're lying to your face, or they're just ignorant, they don't know. Um. Thankfully for you, I'm not and I can break it down to you

really really easier. So let me let me tell you how this works and let me tell you why this is not the case. So they want to say that the supply chains are uh, you know, we have we have massive price inflation because we can't get enough goods and services. We can't get enough goods and services because the supply chains are are breaking down. And they say

it's logistical. They can't get enough boats in the harbor, they can't unload the cartons fast enough from the boats, they don't have enough trucks to pick up the cartons, etcetera. And so it's a logistical problem. It's not a it's not an inflation problem. It's a logistical problem. But the reason why we have a logistical problem is because of

the inflation. So let me explain. So, first off, you have to understand that money is a lot of things, but one thing that money is is it's it's commune unication. Money communicates value. And so in the United States, million

people in the world, almost eight billion people globally. UM. Right here, UM, in my hand as I'm talking to is my iPhone, and my iPhone probably has thousands and thousands of parts inside of there, from the glass to the microchips, to the processors, to the boards, to the plastic. I mean, you name it, right, thousands of parts and each one of those parts is made by thousands of vendors who are have thousands of vendors they work with.

So from all the way from the raw materials, the minerals coming out of the ground, and the person takes it and puts it into a chip, and that chip goes into a board, and that board goes into a harness, and that and on and on and on right, So how is it that the exact product that I need shows up on the shelf when I need it? How is all these people coordinating? How do they all coordinate? Are they all like in one giant message board? They're all like in a Twitter or like a discord or

something like? How do they coordinate? All that? Simple that do with the price. The price is the signal. Money is the community. Asian the prices the signal. So when the prices go up, Let's say that I'm eating I love vanilla ice cream, UM, but today I want chocolate. I don't know why, I just want chocolate. Well, if enough people go buy chocolate, the price of chocolate will go up, and two things will happen. One people buy less of that, and two manufacturers go, shoot, we better

buy make more chocolate. So what we typically say is that high prices are the cure for high prices. So right now, UM prices are going up. Everyone's buying as much stuff as they can, and the prices are going up and we can't get it in the country fast enough. Well, as the prices go up, it should be the cure, so people would buy less and manufacturers would make more. But two problems are here. One, the United States government has dumped about eight trillion dollars of fake fiat counterfeit

money into the system. They just poured a big old thing of gas onto a fire. And so when prices go up, people should buy less. But people aren't buying less because people don't care because people got eight trillion dollars dumped onto their head. So that mechanism, the signal is gone. And then on the other side of the equation, people can't make more of it because inflation is so high that it's it's not real demand, it's artificial demand.

And now for them to increase their production um, the prices are so high it's not worth it for them. And also what would happen is they said, well, you know this, this this port can only bring in this many ships, so let's build a new port. Let's build new ships. Well, by the time they got that done, it would be what's called mal investment. About investment mal investment. And the reason why is because as the prices go up, people will be import will be forced to buy less

uh once and more needs. I'll be focused to buy more of the stuff I really need and not as much of the stuff I just wanted. But because the price will be going so high, I'll still be spending more money. So let's say that the US is importing a hundred billion dollars a month worth of goods um. But what happens is and let's say it's a thousand

containers a month UM. Let's say that inflation keeps going up, and now we're importing a hundred and twenty billion dollars worth of goods, but instead of a thousand containers, it's only eight hundred containers now. And so those companies went and opened up more ports and more ships, but we didn't need him. It was bad investment. And the reason why it was a bad investment. And the reason why people are buying more is because of the money supply,

because of the inflation. So, uh, they say, it's not the it's not it's not the money printing, it's not inflation causing it, it's logistics. Well they're they're they're right, But what's causing the logistics problem is the question. And again that's why bitcoin, that's why having a sound money system that cannot be artificially inflated is the most important thing. When somebody can print money, create money from thin air,

it caused these problems. A lot of people think like, uh, you know, shoot, let's just lock everybody down in their house and we'll just print a bunch of money and stand out to everybody. We can just let's just make everybody rich. How about how about let's I'll tell you what tell you? What tell you? How about everybody in the United States tonight. Um, we're gonna put it. We're

gonna put a billion dollars everybody's bank account. When everybody wakes up in the morning, they're gonna have a billion dollars in ther bank account. You wouldn't be anymore rich because all you have is money. You would have to use that money to go buy goods and services, goods and services wealth. But what happened is everybody got the same amount of money. So now you end up with more money chasing the same amount of goods and services.

And what happens the goods and services go up in value and you end up buying the same amount of goods and services but for a lot more money. Now. It doesn't, of course, happen evenly perfectly smooth like that, which is why we see the prices if something's going crazier and some things are not as much. Um. That's why some parts are harder to get than others, because it's not a smooth event. Uh. You can't control the

economy like that. The economy is organic, The economy is a complex system, and so um, these are the problems that you have. And this is why going to a sound money supply like Bitcoin that nobody can control is important. Bitcoin is a decentralized protocol, a decentralized database. Nobody can control it. Nobody can create more of it, nobody can create less of it. Nobody can do anything. Nobody can control that. Nobody can say who gets what right? Like, Uh,

I used the reference earlier. The banks print up money and give it to black Rock. They go by real estate. Um, nobody can do that with bitcoin. Hopefully that makes sense. UM, I want to get into a couple of things that I hear. I get about five thousand comments a week. By the way, you're listening to the Mark Ma Show talking about bitcoin and decentralized cryptocurrencies. I want to get into a couple of the really really really big um objections that I hear. We'll talk about, will the government

make it illegal? Is it a deep state employ and more? You're with listening to the Markma Show. I'm gonna be right back, Hello and welcome back. You're listening to the Mark Ma Show, and we are talking about bitcoin, We're talking about cryptocurrencies. We're talking about the de centralized revolution. I appreciate you hanging out with me. It's the I'm trying to make it the most important, the most profitable part of your week. And I can tell you, um, it is, it will be, It will be for sure.

Now I've covered a lot of ground. I can't go back and recap everything, but I basically had been talking about why why we need this movement to happen, Why the current financial system we have is causing all the problems that we have today. Um. And so if you miss that, you can go back and get some of these episodes later on the I Heart podcast Network. Just I think you can just google search the Mark Moss Show and you'll find those because we went over a

lot of important stuff. But I wanted to talk about some real, big, common objections that I hear. I get about five thousand comments a week across my YouTube and Twitter and Instagram profiles, and well, I don't read all of them. I try to read as many of them as I can. If you do want to get ahold of me, hit me up on Twitter. Um, just one, Mark Moss is the number one. Mark Mos Send me a message, tell me you heard me here. Um. But

you know, I get all these objections. I've heard them for years, um, and I want to address a couple of those. And so the first one I want to address, and this is the biggest one. I tweeted about this, I think two days ago. I went pretty viral, got like a hundred thousand impressions, and uh, I guess I'm not that big of a of a guy on Twitter. But um, basically it I was. I was talking about this objection and I here all the time is that the government is just going to make it illegal. They're

just going to make it illegal. That's what everybody says. That's like they're they're big ha ha gotcha moment, right, Like what are you gonna say about that? And so um I tweeted out. I said, of all the objections to bitcoin, the one that gets me the most is but the government will make it illegal. And I said, if a billion people don't want it to be illegal, then it won't be. Stop being a defeatist and a

victim of the state. But I want to get in a little bit deeper than that, So I tweeted it out. But I want to dig in a little bit deeper for you. So a couple of things. There's a couple angles we can do this. So first of all, stop being a defeatist. The government is for the people, by the people, elected by the people. If the people don't want to be illegal, then it shouldn't be illegal. So stop being a victim. Stand up and declare what it is that you want. There's over fifty million people in

the United States that own bitcoin. There's there's hundreds of millions around the world. If a billion people don't want bitcoin to be illegal, guess what, it ain't gonna be illegal, right, So that's the first thing. Stop being a defeatist. Stop being a victim. I hate hearing that because basically you're just admitting that you're a victim of the state, and the state's gonna do whatever they want, all right, But let's dig into some more practical stuff. So I want

to tell you why. I want to tell you why they can't make it illegal. I want to tell you why they won't make it illegal. And I'm gonna tell you why they don't even want to make it illegal. Alright, So first see if I can cover all this year, First, why they can't all right, So, all they can they can't stop bitcoin. What they could do is prevent you from getting it. They could say, hey, if we catch you with it, you know, life in prisoner will kill you on site. Right, they could do that, but they

can't stop the network. So all they're doing is banning their people from using it. But they're not stopping in or banning the rest of the world. So they can't stop it. Um But I say they can't do it. And the reason why it's because bitcoin has reached this level of entrenchment that it's just too much today. So we have over two dozen high ranking senators and congressmen congress people in office right now today that are hardcore bitcoinners.

So it's it's reached a big level of entrenchment inside the government, all right, so they don't want to be illegal. Patrick McHenry, Republican, Head of the Financial Services Committee, Cynthony Loomis, I mean they're the ones that are pulling the strings here. They don't want to be illegal their bitcoinners. Um. So so, so it's inside the government, but also it's bigger than that.

It's outside the government. So um, if you understand how the government works, I'm not happy about it's a problem. But basically, um, lobbyists people go lobby the government. They spend a bunch of money to push their policies and um, they you know, spend a bunch of money and they author these bills. These lobby groups they author bills and give them to the to the lawmakers, and the lawmakers

just signed them. They co sponsor them. And so it's really the lobby groups that wants right in the laws. Now guess who guess like what one of the biggest groups of lobby are. If you guessed the financial services in Wall Street, you'd probably be right. And we now seen, uh, most of the big banks Goldman, Sachs, JP, Morgan, Us Bank, Um, they all have built bitcoin services. New York Stock Exchange, e Trade or tdum, merrit Trade, Venmo, PayPal, They've all

built out bitcoin services. They spent collectively probably hundreds of billions of dollars to build all these services in place. Um, the issuers, heck don't want it to be illegal, right, so they're going to fight like heck. Right, fifty million people, fifty million Americans are gonna fight like heck. The Senator's lamakers in government are gonna fight like heck. Um, And so I just don't see how they could do it.

The war would just be too much. Now, let's also talk about why they don't want to, Why wouldn't even want to. So another approach to this topic. Well, you know now, also we've got that e t F approved like a co weeks ago. So the e t F approved now, um at Wall Street's just too ingrained. The government's too ingrained. Now we have nation states that are buying it. You know, Now it's a Now it's national security.

We have to stay in it. Also, the US became the largest beneficiary of bitcoin minings when China kicked it all out of the country about four or five months ago. So those are all reasons why they can't do it. But why why would they not want to? Well, Um, you know, in March of the economy crashed obviously, right, the pandemic happened, and um, the government since then has you know, pumped out about eight trillion dollars both both from the Fed and from the from the government, um,

to do one thing to keep the markets from crashing. Right, everything they're doing is trying to prevent the markets from crashing. So if they're literally you know, bankrupting the company just to keep the markets from crashing. Because if the markets crashed and the pensioners're gonna lose all their pensions and you're gonna have civil unrest and the whole world's gonna unravel, they don't want that to happen. So, um, why would

they go make bitcoin illegal? They would suck about a trillion dollars out of the economy like that, like what like? So let me get this straight. So for the last year and a half, they've been doing every trick in the book, including printing eight trillion dollars from thin air to keep for one reason, to keep the markets from crashing. And then they're gonna go just make bitcoin illegal and suck a trillion dollars out of the economy and crash the markets, Like, why would they do that. There's no

way they would do that. They would have if they want the market to crash, they would just let a crash. So, um, that's why they wouldn't want to They don't want the markets to crass, are doing everything they can to prop it up. And so you know, anything is probably I'm not saying guaranteed, without a shadow of a doubt. They'll never try to make it illegal. I'm not trying to say that. Um, But at this point, I believe that ship has sailed. They know they can't stop people from

using it. And think about it. Look look at the War on trucks. They spent over two trillion dollars on the war on drugs, and drug use is more prevalent today than it was before. And drugs have to be grown and cultivated and packaged and processed and shipped and smuggled and distributed and they can't even stop that. They can't even stop them from getting in a prison. And when the government tells you shouldn't do drugs, it doesn't

make you want to go do it. But how could how could they stop something completely digital that they can't see your track or trace. And when they say, hey, you don't have the right to store your wealth in a way that we can't seize or steal for you, it kind of makes you want to do it, kind of makes you want to do it. So I just don't see it. Like I said, I can't say for

I don't don't have a crystal ball, um. But I think for those reasons, the level of entrenchment we've reached on the government level of entrench when we've reached in Wall Street, UM, and just the incentives and motivations of what they're trying to do by by propping the economy up, the markets up with fake money. UM. They just know that they would wreck the market if they did that. They would rather bitcoin go up to a billion dollars a coin and tax the crap out of it. That's

what they'd rather do. They need the tax revenue and so they don't want to suck it out of the economy. They wanted to pump to the moon and then tax you, and that's exactly what they're doing. That's a topic for another show. UM. A good majority of the budget that the government brings in today is from capital gains, so they're pumping up assets, stocks, real estate to get that tax revenue, and I think they'll do the same with bitcoin as well. But what do you think. I'd love

to hear from you. I'd love it if you'd hit me up on social media. UM one Mark Moss, the number one Mark Moss. You can search me on all the big platforms. I'd love to hear from you. I'd love to hear what you think. I'd love to hear a question, and I'd be more than happy to answer it for you here when I'm back with you on the next show. Of course, you listen to the Mark ma Show talking about bitcoin, cryptocurrencies. We're talking about this

entire decentralized revolution. It's the biggest opportunity that you'll ever see, that I've ever seen, that we'll ever see collectively between us. And that's why you should be with me each and every week. It's the most profitable, most important time of your week. Thanks for listening.