The Mark Moss Show Nov 22, 2021

have information that most people don't have. And when you have information that most people don't have, it allows you to have an edge. It allows you to have um an edge in the market where you can have an asymmetric opportunity that means you have more upside the downside. Basically, what that means is, you know, the way the stock market works, the way the real estate market works, those have been commoditized. Everybody has all the information and so

the alpha, which is the profit, has been squeezed. But when you can find something brand new, like a private equity company or some sort of a somebody that doesn't have as much attention on it, um you might find something where you know something most people don't have. And that's what gives you that a symutal co opportunity, that that massive upside edge, and that's where we're at right now with bitcoin and with cryptocurrencies. You know, I know a lot of you listening right now, UM, I might

think you're too late. You heard about all the money that's been made in the in the years past. It's it's one of the most common questions I get asked all the time. Is it too late? Did I miss out? Right? And on and on and on, And I am here to tell you firsthand the answer is no, you did not miss out. You are not too late. And honestly, I mean just the fact that you might even ask yourself the question that but that particular question just shows you how early that you are. I mean, we are

just getting started. As I like to say each and every week, this is the decentralized revolution. Now there's um, you know, there's new technologies, and you hear about new technologies all the time, right new technolog She's like the iPhone that was pretty cool. I'm sure most people listening to have that, or like Uber that was pretty cool as well. And those are technologies that that that continue trends.

Technological revolutions change the way humanity works. That's what we're witnessing right now, and that takes time and So anyway, just I'm here to reassure you that you are still early, you are not late, um, And so join me each and every week on this channel at this time, the Mark Moss Show, as we talked about bitcoin and cryptocurrencies

and the decentralized revolution. Now, if you do tune into medi and every week, it will probably be the most profitable and hopefully even the most entertaining part of your week. But it might come as a surprise to you that I'm not going to sit here and talk about the price all the time, because out of all the things that is happening in this decentralized revolution, I think the price is probably the least boring A should say the

most boring. It's it's the least interesting thing that is happening. I mean, we're literally changing the world, literally making moves that will shift the way humanity works. Um, that's what's interesting. Um. Is it interesting to understand what all these little shifts are, how they're working, and what that means for the future. So, UM, the way that I like to look at it is, I'm sure you've all watched a movie where people went back in time. I call it back to the future.

If you're old enough to remember that one. But you know, I'm sure you've all watched a movie where they went back in time and they say don't do't don't touch anything. Don't touch anything. If you even move one little thing, you can have this massive change in the future when we go back. That's the ripple effect, butterfly effect. And so that's what we like to do, is we like to look at these little things that are happening right now today that UM witnessing them right now today maybe

doesn't seem like they're that big of a deal. But these are the little things that we need to be aware of so that we can take advantage us we can participate in UM this massive shift that's happening. So UM, the price, especially the daily or the weekly price, is probably the least important or the least interesting thing in

my opinion, but let's talk about it anyway. So big news was last week when we were UM, when we were together hopefully you're together with me, that that bit point was blasting through it's its previous all time high and had got almost up to seventy thousand U S dollars. We got just over sixty d U s dollars, which was pretty amazing. UM. And then it crashed, Oh my gosh, it crashed all the way down, um, a devastating from its high and it got all the way back down

to prices not seen for about ten days before. And I say that sarcastically because, uh, you wouldn't know by the news headlines that come out, UM talking about the price and how the price is crashing down and uh, you know, panic is in the streets and maybe you should sell in all these things, and so I use a little bit of sarcasm just to just to kind of illustrate how ridiculous that is. Uh. Yeah, we hadn't seen this price until October was the last time we said,

oh I'm sorry about ten days. So we haven't seen this price for about ten days. It crashed all the way back down. But UM, to give you a little bit of perspective, if you're just tuning in and you're not really that aware, since October one, we went up almost seventy percent, and we're still sitting even with the crash, the big crash, we're still sitting up fort in just about five weeks now. I don't know if you understand

what means. But let me give you some perspective. Over the last sixty eight years, the stock market, which is where the majority of people have their wealth, has averaged about a six or eight percent return per year. Six or eight percent per year depends on if it's sixty or eight years um. And with bitcoin we're up in five weeks. So let me just let me just give you that perspective real quick, because if you're listening to mainstream media, um, they're gonna they're never gonna fill you

in on the right way. And then to give you a little bit more perspective on it, again, the price is probably the most uninteresting piece. But since January one, again write the stock market those it's eight percent per year, we're up a d eighteen percent, So it's pretty amazing what it's been doing. But again, like I said, that's the least interesting piece. What I'd rather do, let's talk about where it could go. And I'm sure a lot

of you would rather know that as well. Right, Um, wouldn't you like to know where the price of bitcoin go the valuation of bitcoin could go in the future, So as an investor, right, that's what we're looking for. They called the they call the stock market a discounting mechanism. So that means that I could buy something cheaper today that it would be worth in the future. That's what

we're doing. And if you buy Tesla stock or Facebook stock or whatever, you're buying, UM, you're buying that hopefully at a price lower than where you think will be in the future, so you have some profit. You could also be buying it higher than where you think will be in the future. In that case you might short it,

and that's okay as well. But the point is that you're you're buying it um, you know, typically at a at a discount to where you think you can sell it for in the future, and so UM, when you're looking at the price, you're really trying to think about where and go in the future, which is um seems common sense, right, doesn't that seem kind of normal? Which

it is. But if that's so normal, then why is it that everybody always comes in and says, well, bitcoin seems really expensive to me, Well, it seems expensive compared to what is it expensive compared to where it was ten years ago at at a at a penny, or expensive to where it was at the beginning of the year, or is it expensive compared to where it's going to

be in the future. Now, remember, right, we're always supposed to be trying to buy it cheaper than we think it will be in the future, so we should be thinking about where the price will be in the future. But when people come in and say it's it's it's too expensive, they're comparing it to where it was in the past, which doesn't make any sense, does it. The

answer is no, it doesn't make any sense. Of course, most people don't really think through this logically, which is why I'm here talking in your ear every single week, so I can really help you make sense of this. I want to change the way that you think about money, change the way that you think about bitcoin and cryptocurrencies, and so um, hopefully a little thought exercise helped you. Um, you're trying to buy it cheaper than it will be in the future, so we want to understand where it

will be, and so I want to tell you. I want to tell you where I think it can be in the future, and not just me. I mean, who am I? I mean? Yeah, I've been studying and talking about bitcoin for a long time. But let's look at some of the biggest names on Wall Street and see where they think it could be. Names like Cathy would Maybe you've heard of her. She runs the largest tech fun on Wall Street. Yep, see somebody that I would listen to, or maybe um from the fund managers that

were just surveyed from Bank of America. Maybe let's find out where they think it would be. So I want to bring that information back to you. Where will bitcoin be? Can we buy it cheaper today than will be in the future. So we'll talk about those things. Of course, you're listening to the Mark mass Show. We're talking about bitcoin, cryptocurrencies, and the decentralized Revolution. I'll be right back, all right, welcome back. You are listening to the Mark ma Show,

and we are talking about bitcoin. Of course, each and every week we're talking about bitcoin, and we're talking about the cryptocurrency movement. We're talking about the decentralized revolution. Now I know I'm boring you. I'm boring you. If you were with me before the break, I was talking about bitcoin's price, and I've told you it's probably the least interesting thing about it, at least my least favorite thing to talk about. But I always call it the bait

and switch. People come in hoping to make a bunch of money. That's the bait, and the switch is they realize that this is the tool that will bring us back our freedom. This is the tool that will change the entire world. This is the tool that will make sure our children live in a free and valuable world as opposed to not free, a totalitarian world. Bitcoin is

that tool. It is that different. So, uh, while bitcoin price may not be that interesting compared to those subjects like saving humanity, we'll finish talking about it because, like I said, it is the bait that brings people in for the switch. And so before the break, I was kind of telling you that, Um, most people understand intuitively that you're trying to buy a stock like Tesla or Facebook cheaper than where you think will be in the future.

But most people think that bitcoin is expensive because they compared to the past, which doesn't make sense. So where do we think bitcoin could be in the future. Well, the easy there there's a bunch of ways to get to this data, and the easy way is to go will what markets is it disrupting? Where will it pull its value from? How big are those markets? And do we think and get one percent, five percent, ten percent

of those markets. That'd be an easy way to do that, UM, And we can we can walk through some of those thought exercises. But I wanted to look at a couple of news stories that just came out this week that I think you should know. So for example, UM, there was a poll that was recently run by Bank of America and they pulled their fund managers. These are guys that, UM, you know, have educations and degrees and spend their entire

career studying markets. UM. You know, I don't know if I want to say they're smarter than you and I, but they definitely put a lot of time into it, and collectively when they're surveyed, you know, it's something that I would definitely listen to, definitely take a look at. And what we saw is that in this poll, one fourth of the fund managers expect bitcoin's price to be over seventy five thousand dollars in twelve months. In my opinion, that's very low, but even still today right now, it's

about much less than that. It's about fifty eight and fifty eight thousand and change. And so shoot, if you could buy something for fifty eight and sell it for seventy five in the future. That wouldn't be too bad. UM. Again, this is what they're saying, not me. And also, by the way, this is not financial advice. All we're doing is we're just trying to look at the information that's in front of us and make the best decision that

we can with what we have. Now. I'm giving you the information, but it's up to you to decide what you want to do with that. But you know they're saying that they think the price could be over in one year. I think we could see it happened much sooner than that. UM. But anyway, that's what they're thinking. But I think it'd go even bigger. Let's take a look at what Cathy would. So Cathy would is UM.

She's like, like I said before the break, she's the head of one of our investment management she's the CEO UM. It's one of the largest tech tech funds on Wall Street. UM. And she's a man. So I think she leads the largest fund on Wall Street as well. And so given her position, UM, not only in technology, but also kind of being a woman there, I would think, you know, she's not somebody who would just be UM. Cavalier and just kind of throwing out a bunch of numbers around. Right.

When she says something, I'm sure she puts a lot of thought into what it is. And of course, um, she's at the intersection of finance and technology because she runs the big tech fund, right, so she's somebody else that I would take a listen to. Now, I don't take anybody. I don't take one piece of information. I'll take one indicator and consider that law. What I'd like to do is look at lots of indicators, lots of fundamentals, and lots of opinions, and then try to find where

the consensus is with that. Right, So don't take any of this on its own by itself. But when you start putting together it, it kind of leads to a

pretty compelling answer. And so she said in an interview UM with Baron's magazine, which is a financial um she said that quote, if institutional investors, so these are like the hedge runs and stuff like that, if institutional investors move into bitcoin and we're to allocate five percent of their portfolios to it, then that would bring the value the price of bitcoin to around five hundred and sixty thousand dollars per coin. So that's about a ten x

from here, a thousand percent gain. It's pretty big. But is that even realistic, Like would institutional investors really allocate five percent of their portfolios? Well, let's take a look at some of the data. So let's see. Well, we have some of the most famous and these maybe aren't household names like warm Buffett to you, but for me living in the financial world, these are some of the

biggest names in the space. I'm Stanley druck and Miller, um rad Alio, Paul Tutor, Jones, Tim Draper you probably you might have heard of a few of those people before, Peter Theeal, founder of PayPal, and so um. They all have at least that or more allocated to bitcoin. Um we have. We've seen that they have already done that. These are the leaders. We've seen Fortune five SPI companies like micro Strategy moved all of their allocation into bitcoin.

We've seen other big companies such as uh Square Square payment company moved not all of it, but a big chunk of their allocation into bitcoins. So it's already happening right, Um, It's it's been about a year and in a year we've seen lots and lots of them coming over, so it's not that big of a stretch to think that over the next couple of years we might see the big institutional investors moving just a small five percent over um.

And if that were to happen, as she said, we could easily see the price of bitcoin rise ten x or a thousand percent from here. Now, let me just kind of give you a little idea on risk management and the way they think through this. So I would never advocate anybody to go all in on anything. You don't want to do that. Um, what happens is when you make a decision, most people think about how much

they can make. They think about the positive part, They think about the optimism, right, how much can I make? And they make their decisions based off of that. Unfortunately, that's not how you know, professional investors think about it. Professional investors think about the downside. What's the downside? How much could I lose? All? Right? So then you always want to manage your risk um. Investing is kind of like a gladiator. The more you do it, the more

likely you are to die. And so while you can get lucky over and over and over, you can get lucky for ten years, and then you make a wrong move, a wrong decision, you could lose it all, you could die, And so you want to think about risk management, so you don't want to go all in if I do. If I do make a decision to go in on a position, I think about two things. One, Um, if I'm wrong, what's the worst that will happen? And two? Am I okay with that? That's how I think about it.

If I'm wrong, what's the worst that happened, I'll lose all of my investment? And am I okay with that? And so ask yourself that question? And then, um, what you also want to think about is how much should I allocate to that? So, if you're talking about buying bitcoin or cryptocurrencies, how much of your total investable assets should you put in? So I say your investable assets don't include your house in that, but your investible assets.

What is your liquid net worth? You know how much you have in the bank, how much you having stocks, bonds for one case, etcetera that you're currently investing. Total all that up, and then as a percentage, not a dollar amount, but as a percentage, how much should you put into bitcoin or cryptocurrencies? And so that's kind of the way you think through this risk management. Now I want to tell you the answer, but I'm want to say that as soon as they come back from the break.

By the way, you're listening to the Mark Moas Show, and of course we're talking about being a coin obviously, cryptocurrencies and this giant decentralized revolution, which is in my opinion, the biggest opportunity you'll ever see in your lifetime. So I'll be right back. I'm gonna tell you how to figure out the percentage of allocation and I'll be right back. All right, Welcome back. You are listening to the Mark

ma Show, and we are talking about bitcoin. We are talking about cryptocurrencies, and we are talking about, of course, this decentralized revolution. And I've been spending a lot of time with you today talking about the bitcoin price, and I don't typically do that. As I said, it's probably the least interesting thing in my opinion, um, but I do want to talk about risk management and that is important. And the reason why that's important is because you don't

want to die. Now that seems obvious, but you don't want to die. You don't want to lose all your money, and that's kind of what I'm talking about. UM. For a lot of you that maybe have been following me for a while, you might know my story, and my story is something. The short version is that, UM, I got started early, early on investing into real estate when I was eighteen years old, buying properties, fixing them up, and selling them. And I made a lot of money.

I made a lot of money with real estate. I started a couple of different businesses, did really really well with businesses. I had Fortune five exit on one of my tech companies. UM I put all that into real estate, and I sold all my rental properties and put all that into real estate, and I was developing real estate in southern California, and in two thousand and eight, during the Great Financial Crash, it didn't work out too well

for me. Let's just say that. So I learned the hard way that you don't want to put everything in, you don't want to be all into one asset at one asset class, and so I didn't have proper risk management. So that's I guess I'm giving you that lesson today. And so UM, as I was saying before the break, UM talking specifically about bitcoin and cryptocurrencies, how much should you put in? And you want to think about your risk management and so UM think about things in terms

of percentages. So how much what is your total investable assets worth? How much money you have in the bank and in your four O one K and your stocks and all these investments not your home, your homes, non investment but investment properties. You could also count that as well, UM and add all that up and then and then you divide it into percentages. A you divide that up, and I would also think about it in terms of you have to figure out what that risk is. So

for example, UM, I just said how um UM. A lot of the Bank of America fund managers think that bitcoin could be over seventy five dollars next year. UM Fidelity uses something called the stock to flow model. They think it could be over a hundred and fifty thousand dollars. There's dozens of Wall Street veterans. I think it could be over a hundred fifty dollars. I'm talking here about

Cathy Wood, the CEO of our investment management. She says it could be UM over five hundred and sixty thousand dollars by which is five years from now, so I kind of agree with that. I think she has very good reason, very sound reasoning for that to happen. Um, I think that I think there's a good chance that that happens. It's it's probable. Let me say it's probable. So investors and you should never never be thinking about things in terms of absolutes. You think about things in

terms of probabilities. Everything in life the probability. We can never say anything shirt and certain because almost anything can happen. Um, for all I know, aliens could come and destroy the world tomorrow. I mean that the probability of that happening is probably like less than one percent. It's like zero point zero or other one. But but it could happen, right, it could happen. So you have to think about things

interprets of probability. And if you start to think like that, your your your investment, life, and probably life overall be much better. So think about it like this. I've broken down the math for you. I've given you opinions of who who thinks I can go where? Um, I told you you know, Cathy would thinks if if if fund managers would have just put five percent of their portfolios into bitcoin, you could hit five sixty thousand and five years. And I've explained to you how some of the biggest

fund managers have already started to do that. Um, some of the biggest fund managers have already started to put more than five percent of their portfolios and and they're outperforming everybody else. Now, you probably probably are aware that Wall Street and investing is a pretty competitive game, and so if one fun fund manager is beating you, then you need to do something to catch up and try to beat him. And so if he's allocated to his some of his fun to bitcoin and now he's outperforming you,

then you probably have to do the same thing. So the fact that we already have a few people doing it and they're out performing everybody else tells me that everyone else is probably going to start joining them in only a matter of time. So I think it's probable, it's highly probable that five percent of investment fund managers would put I'm sorry, investment fund managers would put five percent other assets in the bitcoin, and we could see

that price. Now, what you have to do is you have to decide do you think that's probable, and if so, what percentage do you think what probability would you assign to that. Do you think there's a one percent chance that the price of bitcoin six like cathey Wood says, is there a one percent chance? And if so, do you have one percent of your portfolio in bitcoin? Do you think there's a a two percent chance? Do you

think there's a five ten percent chance? And so if you think there's a ten percent chance that happens, then you might want to consider putting a ten percent allocation towards that asset. All right, So that's the way that you can think about it. On a risk adjusted um position, all right, you have to determine what you think is the risk or the probability and then assign your percentage to it um And so that's up to you. I

can't tell you. For me, I think that's highly probable, um I would I would assign that h at least an average chance. Let's just call it that. I'm not gonna give you specific numbers. Again, this is not financial information. But I think there's at least an average chance that happens. As I said, some of the top guys are already doing it. They're beating everybody else, and we're starting to see more and more people pulled in, UM, so many.

That's enough probably about the price. Like I said, it's probably the least uh, least important thing, the least interesting thing to talk about. UM, but I want to talk about something else now, all right, So since this is happening, UM, it's starting to cause another effect. And this is another effect that I want to dig into, and it's called UM, well, yeah, i'll give you, I'll give you him. It's it's a speculative attack. And it's a speculative attack on the US dollar.

And so as these fund managers, they're all investors, they're all trying to get their edge. Um, as they're seeing this happen, they're starting to form this speculative attack on the US dollar. Now maybe they're not realizing this, but they are. Now the speculative attack really got started back Um the first time it's really probably hit hit. Fame was was well known was by one of the an investor that I'm not super fond of, but maybe one of the best track records in the industry, which is

George Soros. And he became famous for breaking the Bank of England and UH by betting against the pound. And so they were trying to peg They were trying to peg it, meaning they were trying to hold the valuation, and he he did a speculative attack against it and broke it and made over a billion dollars with a b a billion dollars on a single day, on a

single trade. And so the way that works is it's a speculative attack, meaning I borrow that asset, that currency for cheap and then use it to bet against it. So I'm using their their fighting fire with fire, right, so I'm trying to attack in this hypothe Well, in George Sho's case, he was attacking the pound, the British pound, the pound Stirling is a different currency, right, and he was borrowing it for super cheap and then using it to bet against it and hurt it at the same time.

And of course, like I said, he made a billion dollars on that bet. Um, he became famous and he's continued to do that ever since. But now we're starting to see lots of people do this Wall Street is do in this um. You know, the FED, the Central Bank, the United States Central Bank, the Federals River wants to put interest rates at zero or pretty much at zero, which means people like these institutions that I just referenced, These Wall Street firms can get money for almost free.

I mean I'm talking like less than one percent. It's basically free money. Even you and I could go get money, I mean, depending on your credit and what you have going on, for one and a half percent, which is just stupidly low. I mean, that's just insane that you

can get that money that low. And so um, these institutions are starting to form the speculative attack and even people like you and I. I'm gonna explain to you more about that speculative attack and how it works, how some of the best investors on Wall Street and these fortune companies are actually doing this, um, how they do it, um, the potential for the gains that they're going to have from this, and how actually even individual people like you and I could do it. And actually a lot of

you might even be doing it and you don't even know. Yeah, you might even know that you're doing it. So I'm gonna explain that to you. Um, and like I said, tell you how how they're doing it, how we could do it, and how you might even be doing it. We'll talk about that. And by the way, you're listening to the Mark Moa Show. Hopefully you're liking it because I'm bringing you the latest, up to the date information on bitcoin and cryptocurrencies and how to navigate the decentralized revolution.

And I mean, I tell you each and every week it's the biggest opportunity you're ever going to see in your life. I'm just gonna say that, And so if you're with me each every week, I'll tell you how to survive, I'll be right back. All right, welcome back. You are listening to the Mark Moa Show, and we're

talking about bitcoin. Of course, each and every week that we're talking about cryptocurrencies, the giant, giant thing, we're talking about the decentralized revolution, which I have continued to tell you this will be the biggest shift in humanity that you have ever witnessed. It's the greatest wealth transfer. But the way to take advantage of it, the way to participate it, is to have this information that most people

don't have. I know it's confusing, and that's why I'm gonna break it down for you each and every week. So make sure you pull out your phone right now. UM put a calendar reminder. Put put the channel right now that you're on listening to me, put the time and make sure you tune in with me each and every week. Now, before we went to the break, we've been talking about the price UM. I was explaining to

you price. We were talking about UM risk management. How to figure out how much you should allocate towards your own portfolio based off probabilities that you assigned. That's your risk management plan. And I was telling you that I was going to explain to you the speculative attack. I was explaining how George Soros UM got famous for attacking the Bank of England UM on the pound Stirling and made a billion dollars in a single trade by doing

a speculaive attack. And now people are doing that against the dollar with bitcoin and so UM. The way it works is rather simple, actually, and that is the Federal Reserve, the Central Bank of the United States is based has basically put interest rates at about zero UM. You know, half a percent depends on what time frame, one percent and so you know, people closest to the money supply. It's the problem with the with with the Fed printer. This is the this is what we're trying to change

with bitcoin. But the people that are closest to the money supply. Um, it's called the cantle on effect. The people that are closest to the money supply benefit the most. And so um the friends of the Fed, so the banks, the big funds and institutions, they get the money first,

and they get it for cheapest. Then they drive the prices up, and then it gets to the next person which gets it for a little bit cheaper, are a little bit more expensive, and they drive prices up, and by the time it gets to me and you, we're paying a lot for it, and prices are are super high. But that's another story for another time. The cancel on effect, you can google it. Now back to the specultive attack.

And so, because interest rates are so low, um, these hedge funds these institutions are basically getting money for like almost free. And when I say almost free, I mean you know one or two percent, which inflation is at six percent. So basically, when when your interest rate is lower than the inflation amount, inflation is basically paying your

loan off for you. It's like free money, which of course is exactly why the Federal Reserve and the government wants to have this inflation so they can inflate away the debts. Well, this is the same thing that people are doing. So bitcoin has been averaging for the last decade a two hundred percent compounded annual growth rate. So if I could borrow money at ten percent and I could invest it for twenty return, that means there's a ten percent It's called an arbitrage. That's a spread. I

borrowed a ten, I earned twenty. I gotta payback to ten, but I keep the profit the tempercent the arbitrage spread. Well, what about when it's doing two percent a year, Well, dang, that's pretty good. And what about when I can borrow at one percent and make two Well, dang, that's real good. It right, And so that's exactly what's happening. That's exactly what we're seeing. And so I mentioned UM, I mentioned micro Strategy. I mean it's a company that's run by

Michael Sailor and he's literally been raising money. I think he's done at least two or three raises billions of dollars at this point for almost free, like literally giving away a few points of interest and then just going

and buying bitcoin with it. It's this speculative attack that's been happening, UM, and we're seeing this continue to escalate and escalate faster and faster and faster, and they're using Wall Street to do this, and so all over the news this week, big big, big news was UM several bitcoin mining companies. UM. We have one here, Bitcoin minor Prime Block Plan plans to go public by merging with Tinex Capital report UM. And they want a valuation of

one point five billion dollars. They're raising a hundred and fifty million through private investment in public equity for the deal. And so they're gonna go raise money for basically free Like I said, when when I say basically free, what I mean is that the interest their pain on the money is less than the rate of inflation. Right, I kind of already broke that down for you. UM, So

it's it's basically free money. They're gonna go get. They're gonna take this hundred and fifty to two hundred million dollars and then they're gonna go buy bitcoin because it's going up faster than a couple of percent of interests of their pain. Now they're also buying bitcoin miners, So they're buying bitcoin miners. They can produce more bitcoin, and

then they're not going to sell the bitcoin. They're just gonna hold it because they raised all the money that They're not the only one in the in the news this week, I see another one bitcoin miner bit Deer to go public with a s back with a spack merger. The deal values the company at around four billion dollars with a B four billion dollars. And so they're doing the same thing. They're going to Wall Street, Hey, I

know you guys want to invest in into this. We're gonna give you this these a really good terms on debt. You're basically gonna give us money for free, and we're going to go buy a bunch of bitcoin miners. And so that's a speculative attack that they're doing. Um there's another one. Genesis Digital expands in the US with a three hundred megat bitcoin mining facility in Texas. Um. Same thing. They went and raised a bunch of money to expand their UM. That raised four thirty one million dollars to

expand its bitcoin mining operations. And the same thing. They're borrowing money for basically free and then going and buying bitcoin with it. Here's another one. This is all. Just this week, Marathon Digital to raise five hundred million dollars UM. The firm plans to offer five million aggregate principle of convertible senior notes due in they're going to buy a

bitcoin mining equipment. And it says right here taking a play out of Michael Sailor's strategy UM Sailor's micro strategy playbook, which is, as I've explained to you borrow money for almost free and then put it into an asset that's going up by a year. Now. Again, this is a speculative attack, borrowing US dollars for very cheap to buy equity in bitcoin mining companies, and then those bitcoin mining

companies will never sell the bitcoin they mine UM. And so what happens is the more people that leave the dollar, the weaker it gets. So that's how you're taking You're borrowing it for cheap, and then you're converting it into another asset like bitcoin, and by doing that, bitcoin goes higher and the dollar goes lower. And I can continue to do that. All these companies are continuing to do that over and over and over. They're all doing the

same thing. Following the playbook for Michael Saylor, Following the same playbook from George Soros when you made a billion dollars in a single trade. Now, I said before the break, I was going to tell you that you might even be able to do this, or you might even be doing this right now and not knowing. So for example, I've seen many many stories. Here's one right here, Morgan's in April refinance the house um and and got a one point seven five loan from the bank and took

some of that money and bob bitcoin. So that's this is a story I'm reading here. So they refinanced the house at one point seven interest and took some of that money. So again, just like these funds, just like Michael Saylor borrowed money at one point seven five percent, which is way below the six percent inflation, and bought bitcoin with it. Now, I'm definitely not suggesting that you do this. Obviously, anytime you play with leverage, it's a

dangerous scheme. Let leverages like fire. It can cook your food or it can burn your house down. But you might even be doing this without knowing it. So for example, um, if you've bought bitcoin or any cryptocurrencies recently, do you have any debt? Because if you have any debt, college debt, school debt, home debt, any kind of debt, and instead of paying the debt down, you decided to buy bitcoin

and cryptocurrencies. Then you actually did the same thing. It's no different if you took a loan out to buy it or if you um bought it without paying your debt down. You're doing the same speculative attack either way. UM, I think I think history will prove it to be a good idea. We'll have to wait and see. Again. This is not financial advice. I'm just letting you know what is going on. Like I said, those are all articles from this week, It's happening on a bigger and

bigger scale. I'm definitely with Katholeen Cathy would like I said, I give it a better than average chance that we see five percent allocation towards bitcoin from these giant institutions. We're seeing it at such a rapid rate. I don't see how it's not possible you determine your own probability and then determine your own position sizes. Uh, you're listening

to the Mark Moa show. We're talking about bitcoin, we're talking about cryptocurrencies, and we're talking about the the centralized revolution. It's literally the largest. It's it's the biggest shift we've ever seen in humanity. And I know that sounds really big, and each and every week, I'm going to continue to prove that to you over and over and over. It's gonna be the biggest wealth transfer we've ever seen. And

the good news is you get to the side. Which side you want to be on, the receiving side or the or the giving side. I choose the receiving side. Um, you're listening to the Mark Moa show talking about bitcoin and cryptocurrencies. Thanks for listening.