The New World War: Cyber Pandemics

to you a different perspective. I try to bring to you, you know, some stories, some narratives, some ways to look at stories differently, so you can start to expand your mind, expand your thinking, and start to look at things differently. I want to bring to you some of the latest breaking news so you can see this happening in real time. And that's what I have for you today. I have some really big news this week. My job gets easier and easier because there is so much going on in

the world that you need to be aware of. And the reason why you need to be aware of it is because we're always looking for confirmation of where we're going. So if I gave you directions how to get to my house, I might say you know, uh, drive down the highway until you see this sign, and then go down until you see this blue fence and then make a left, and then at the mailbox to make a right. And so and I would say, eventually you're gonna get to this location, get to my house, or get to wherever.

And so as you're driving, you're constantly looking at the signs to make sure you're continuing to go the right way, and you're also um looking to see if, um, you know, if you're getting closer. And so we have these ideas of where the world is going, and we're looking for either confirmation confirmation that we are going that way or we're going somewhere different. It's very similar on how the

intelligence agencies like the FBI would look at threats. And so they might say, you know, here's three or four potential threats for this event. Um, you know, there could be a bombing, there could be a shooting, there could be uh, you know whatever. Right, so there's there's different threats for these for these for this event, if this was gonna happen, then this, this, this, and this would have to happen. But if this thing was to happen, then it would be this, this, and this, and then

because they don't know exactly, not a Cristal ball. And so what they're gonna do then is they're gonna sit back and they're gonna watch. And as they start to see these certain events happening, they start to show them which direction that we're going, which potential outcome would be reached. And so, if we are going into a decentralized world, like I believe we are, I believe that's what history shows us, or we're not, we want to know are we going that direction? So we look for these signposts,

and we can see them everywhere. They're all over the place. One of the signposts that I see all over is the world seemingly breaking down before our very eyes. If you've read the book Atlas Shrug, then you know what I'm talking about. You haven't. On highly recommended. I Rand wrote it um. It's a big book. It's highly worth to read, and talks about how as government gets big,

it gets oppressive. It starts to restrict the free markets which create all the all the development technologies, and as it continues to restrict them, you get less and less entrepreneurs participate in society. They start going and creating their own society, and that society breaks down. And of course, so we can see this all over the place. Uh, and there are signs to show this. Now, there's a couple of things that I saw, one of which is

um cyber pandemics. Now, is this a sign that society is breaking down because entrepreneurs aren't participating, or is this a sign that we're at the end of an empire where basically the best way to get ahead is to steal and manipulate, or is it maybe intentionally being done

in a way to get us to act on something. Well, I don't know the answer to that, but what I do know is that these things are happening, and it's very coincidental that at the very same time the World Economic Form is meeting talking about the risks that we face because more cyber we're going to face a cyber pandemic. So cyber attacks are going to happen so big and so frequently it becomes so bad it's gonna be a pandemic,

a cyber pandemic. And so since this is going to happen, and because it's gonna be so bad, then we need to do something about it now. And what would that thing be, Oh, yeah, you and I, we should give it more of our freedoms. What freedom should we give up? Well, we need to give up any of our freedoms that would allow us to use the Internet anonymously. So they wanted to be like China. In China, you have to

be verified before you can use the internet. Being able to use the Internet anonymously puts everybody in danger, and you don't have the right to put others in danger. Don't be so selfish. Who cares about your own personal privacy? Think about the greater good. You stay in private puts me in danger, and you don't have that right. Being sarcastic, I'm not really being sarcastic. That's what they say. I don't agree, or maybe I do agree, It doesn't really matter.

The point is is that a greater good is doing less harm. So for the couple of percent of people that want to potentially hurt things, that's bad. I don't want terrorism, but at risk of putting of the population through hassle, trouble, and even more danger, I don't think it's worth that. And so what am I talking about? So they what they propose is that everybody has to put an idea in. They have to be verified before they can use the web. That way, if you say

mean things, they don't like or approve. They know who you are, but they believe if you give up your privacy then they can control that. Now there's the carrot approach, which is how do we incentivize people to do that? And then there's the stick approach, how can we force them to do that. We've been seeing them talk about this ramp up of cyber attacks, and yet all of a sudden, here they are. I saw this week, we saw Young Brands says that nearly three restaurants in the

UK were impacted due to a cyber attack. Young Brand said late on Wednesday, at ransomware attacked or impacted certain information technology systems of the company, which led to the closure of nearly three hundred restaurants in the UK for a day. It's a big deal. Now A side note, funny coincidental. Young Brand owns Pizza Hut and Taco Bell. They didn't specify which restaurants were impacted. I just think

it's funny. It's Pizza Hut. Um. If you don't understand the relevance of that in the very first purchase of the Internet was done and it was at Pizza Hut, and I think two thousand nine or two two nine, I think the first purchase with bitcoin was done and it was for pizza. And now we have the cyber taxs being done at pizza joints. Something about pizza and hackers and computer nerds. I guess I'm not sure you know about that. Let me leave me a comment, let

me know. But it says that KFC said there was no evidence of customer databases were stolen, even though data was taken from the company's network, and so this seems to be ramp being up. Now. Some of these ransomware attackers has to be paid in Bitcoin, so they might have you believe that it's bitcoin's fault. Never mind the fact that they've been doing these long before bitcoin. We're around, uh more of these have been paid off in dollars

and I've never been paid in bitcoin. But they may tell you it's been bitcoin's fault, but I don't want to point into that. What I want to talk about is that this is coincidentally gaming gaining steam at the same time as the WEF is warning us that we need to give up our privacy so they can have more control to prevent us from this exact type of thing. You might also know, last week we saw the f a A in the United States. The f A shut

down all flights at the same time. It was the largest shut down, the largest disturbance of flights in history, and supposedly they had a glitch in the system and the glitz forced them to shut it down. Now, Pete Buddendog, who's in charge of the Transportation Secretary, he says that it could have been a cyber attack. That could have been we don't know. They haven't come out with that yet.

But what's coincidental and I wasn't aware of this until just the other day, is that just before or I'm sorry, a week two weeks later after the fight attack happened. The same thing happened in Canada. Their flight system was attacked as a matter of fact, and it has also been done in the Philippines as well. And it's almost like these cyber attackers are attacking our core critical infrastructure

like transportation, like flights. Now, when that happens, it causes billions of dollars of loss, hundreds of millions of people, as lives are impacted. They don't get to the meetings on time, to see their loved ones on time, etcetera. And that is the pain. It's that turning the pain dial up. It's the stick that gets us to give them our freedom. If you're just tune in and listening to the Markmas Show, we're talking about the decentralized revolution.

We're talking about the way the world is ransforming into a decentralized world. We're talking about that some of the biggest news headlines of the week. I have more to cover. We're gonna get into what the economy, the markets are doing, with the stock markets are doing, what bitcoin is doing. We're gonna talk about what's happening with the war, potential nuclear war. We're gonna talk about some more disinformation and a whole lot more stuff you don't want to miss.

We're back with all that moren a minute. You don't

go away, We're back, all right, Welcome back. If you just tune in, you're listening to the Mark mo Show, We're talking about the decentralized Revolution, and we're running through the biggest news headlines of this week to help you understand where things are going, where we're headed and what is going on We're talking about before some of the risks that we've seen in the system, and let's talk about some some more practical stuff that's in front of us.

Of course, all eyes are on the FED, They're on inflation, they're on potential recession. Now, typically we refer to a recession as two quarters of negative economic growth, but of course the Biden administration changed that definition for us, and so technically I guess, well, I don't about technically, but per Biden, we're not in a recession. But what is the real risks of the economy. Are we going into a recession? Are we going into a depression? And what

does that mean for your job? What does that mean for your cost of living? What does that mean for your retirement accounts and your assets and things like that. Now, nobody has a crystal ball, and so we have opinions, we have guesses, um and things like that. There was a really big survey that was done and that was asking about will the global stock markets crashing? Now at one point, I'm gonna talk about some of the economic

data and some of the market data. I do want you to keep in mind, though, that the economy does not equal the market. So in when we saw them, the economy shutdown. Businesses were shutdown, people were put out of work. We saw the stock markets hit, all asset prices a new all timized. So just rememheer. The two are not connected to key peace to keep in mind, but when we're looking at global stock markets, we can see that um the of a. Results are all over

the board. Now, one thing about surveys is that if it's done through a big enough sample size, they can be extremely accurate. As a matter of fact, there's been numerous tests where they crowdsourced information. They've done them where like at a at a county fair, they have like a steer like a big bowl, and they ask people to go vote on how much that steerways how many pounds it was, and they put all their votes in a into a into a bucket and then they tally

them up and they average them out. Or they'll ask people how many jelly beans are in a jar, and they'll get all these people to vote how many jelly beans in the jar, talllily them up on the average amount. And what they found is that in these crowdsourced type of environments where they're trying to guess the weight of the bowl or how many gelly beans in the dark, they get really really really close, like really close. I don't have the exact studies in front of me, but

I'm talking about extremely close. Now, a couple of things about the test. Two things have to be present. One, you have to ask people who could potential we know. So, for example, if we're going to ask people to vote on how big the bull, how many pounds of the bullways, we don't want to ask like farmers and ranchers, right, We wouldn't want to ask people from New York City,

for example. The second thing is that we'd want to make sure that they didn't see each other's answers, because what happens is if if they say, oh, this guy said a thousand pounds, will all go pounds? Right, and so they you want to make sure they don't see each other's answers. But when those two conditions are met, they get extremely close. Now with this survey, I don't know if those two factors were met. They're asking experts, so I'm assuming they're experts. Uh, And because it was

done online, I'm guessing they did't see those answers. So I'm guessing those two things were met, so it's just gonna be accurate. I don't know, we have to wait and see. But basically, they are asked, UM, what percentage do they think stock markets will crash in the upcoming year? And they did this through thirty six countries UM. They

surveyed more than twenty four thousand adults. Each country shown had at least five individuals, sampled with countries in the G seven and other major economies including China, Brazil, South Korea, UM and and sampling at least a thousand people. So so pretty decent, Pretty decent. Respondents were asked a question on whether quote, major stock markets around the world would crash in the following year, and we're asked to respond either likely or unlikely. So what they say. You may

not like these answers. You may not like these answers. Let's just start at the Let's just go to the United States. We can see the global average. Let's just start with the global average. Fifty thought a market crash, UM was likely, said it was likely, thirty one percent said it was unlikely. In the United States, forty seven percent said likely, thirty one said unlikely. UM where is it lower. Take a look. Israel, thirty five percent said likely,

forty two more people said unlikely. More majority in Israel said it's not likely to happen. In Hungary, the majority said not likely to happen. In China, the majority said unlikely to happen. Um. Everywhere else, they pretty much said it was more likely, more probabilistic to have a crash market crash than it was unlikely to The piece that I want to talk about here, though, is for the most part, in the United States, was forty seven percent

said likely. We're kind of in this like sixty forty split. And the key piece that I want to hit on here is that there is no such thing as certainties in life. There's only probabilities. Nothing is h certain. Well, death, death certain and taxes, right, that's the old same death and taxes um. But other than that, we don't know what's going to happen. Are the market's gonna crash? Well, think they will, think they won't know? What do you think you might go? That's insane. There's a seventy chance

it crashes in my mind, and perchance it doesn't. Okay, you might think it has a chance of crashing and a ten percent chance it doesn't the average. The reason why it's important is what are you doing this year with your money? If you think that the markets are going to crash, more than it would be prudent not to have money in the markets. It would be prudent to store more cash and keep that cash in something safe like cash, c d S, treasuries, things like that.

But if you think there's a thirty percent chance or a fifty percent chance it doesn't crash, then you might want to start to deploy some of that money right now. Now there's there's still a forty seven percent chance it does crash, so then you would keep some of that money on the sidelines to average in in case that happens. And this way you're protected either way. So if the markets don't crash and things keep going up, at least you've taken some positions now and you have to average

and as it goes higher. But if you're right and it goes down, you could average in lower and have a better entry. The key piece here is that nobody knows there is no probabilities. And I know you don't like that. You want me to give you, You want me to give you a certainty, but there's not. But I thought this is interesting in the United States thinks there will be another crash, but think they don't, and so figure out what it is for you and act accordingly.

But we can see that there is bad economic data, um and so it leads us to think that there is. But the Biden administration wants to continue to gas light. As a matter of fact, they want to taunt you basically saying six six it's a good thing. And you know, I get it that you can't afford to put gas in your car, and I get it that you can't afford to buy organic eggs anymore, and now you've got to buy sugar cereal instead. But a good thing. Alright,

we've done a good job. It's a form of gas lighting, highlighting how climbing prices are a good thing because we need inflation. Right, how's what the economy grow? They say, how's what the economy grow? Never mind that you're still inflated, that you're still struggling. The key piece here to understand is that while inflation has come down, meaning the rate of increase has slowed, they're still paying more money. If you're just tune in you're listening to the Markmall Show.

We're talking about the decentralized revolution, how the world is changing before our very eyes, and we're looking at through the lens of politics, finance, and technology. And I'm reading through some of the biggest breaking news of the week so you can stay on top of what is going on. I want to come back. I want to talk about some more decentralization of the world, how supply chains are

are being rerouted. I want to talk about what's happening with potential nuclear war that we're facing, some threats that were made, and some other things about freedom of speech, a whole lots of ever want to come back, You don't want to miss this away. Hello, welcome back here,

listening to the Market Mo Show. We're talking about the decentralized Revolution, and we are going through some of the biggest news headlines of the week, and there are some big ones and one thing I've been talking about quite

a bit that I think is just insane. I mean, there's so many things that are insane, but one of the things that I'm talking about that are insane is that having grown up at the tail end of the Cold War, the Cold War, which was when the US was engaged in this standoff war with Russia and communism, and the USS are basically um Having grown up at the tail end of that, I never would have imagined that we are back here and really, for the first time in my life, actually facing a real nuclear war.

You know, the Cold War and the standoff kind of started and ended when everybody got nuclear weapons because of something called mutually assured destruction. If we can both kill each other, than we're not going to do that, right, Yeah, just like a free market, a free market only works when one party, well, each party has to believe they're getting the better deal. And a war would only happen if one side thought they could win. But if both sides know that no matter what happens, we both die,

then what's the point. And so then it created peace, peace, violence, the threat of violence created peace. But yet here we are now and again for the first time in my life, with a real threat of nuclear war. And this is not a joke. As a matter of fact. This week we saw a Putin ally Warren's NATO of nuclear war if Russia is defeated in Ukraine. An ally of President Vladimir Putin put out this message, he said. The quote he said, quote the defeat of a nuclear power and

a conventional war may trigger a nuclear war. End quote. And this was by former Russian President Dmitri Metev med Medvedev, who serves as deputy chairman of Putin's powerful Security Council. He said, quote, nuclear powers have never lost major conflicts on which their fate depends. End quote. He's for it was the president from two thousand twelve. Let me let me let me say that again, nuclear powers have never lost.

So he's saying, anybody who has nuclear powers, nuclear weapons, a nuclear power has never lost a major conflict in which their fate depends. Why would it if you're going to die? It's like, uh, what's the saying about when you know, be afraid of the person who has nothing to lose, or backing a wounded animal into a corner, right, Like when you back the wounded animal into a corner, when you have somebody that has nothing left to lose,

they're very, very dangerous. And if you have a nuclear power, who has wh who's losing, who's gonna die, then what do they care? Mutually assured destruction works because me either side want to die, right, but if one side is already dying and what do they care, Well, let's just kill the other side too. Who doesn't work like that?

And that's exactly what he's saying here. Dmitri is saying that nuclear powers have never lost major conflicts on which their fate depends, and so he's basically saying, if the West attempt to defeat Russia and Ukraine were to work out, and if Russia was losing, and if Russia was dying, then nuclear doctrine would say that that could actually trigger a nuclear war, which makes sense. If Putin is half as psychotic as Western media would have you believe, then

why wouldn't he do that? Right, Why wouldn't he do that? Now? Would NATO put him into that corner where he would be forced to do that, to force to die? Well, I don't know, but it sure seems like they're trying to. And we can just look at the facts. So and let me let me just let me just be clear before we dig in these facts a little bit. I'm not for war. I don't want anyone to die. I wish everyone could just stay in their corner of the world.

As a matter of fact, that which most of these governments could just shut down and shut shut down all the nuclear programs, not have this anymore. But this is where we're at, UM, and I would like to prevent more war from happening. I would like to prevent nuclear war from happening. Not sure exactould like that, because I don't want to be caught up in that. And so if what he's saying is true, then we have to

look at what's the possibility that we get to that point. Well, we know that um many people from the United States have gone over to Ukraine, including Nancy Pelosi, including the Adam Shift, and they've gone over there and said, we are committed to be with you and nothing short of victory will account right. They've they've made these outlandish statements, we guarantee victory like uh so they've they've made all these statements, they made all these claims that give them

no way out. And we can see that through the amount of money, through the amount of weapons, through the amount of support that we contend to give Ukraine. We don't know exactly the amount of money going to Ukraine is very murky. We know that there's been over one hundred billion dollars have been sent to Ukraine just from the last month, but we're not very clear on exactly how much, nor are we anywhere clear on where that money actually went. We know it's over hunter billion dollars.

Now that's just from the US. Now we have Germany and the rest of Europe and NATO cinem weapons, so we could say maybe it's a hundred and fifty billion dollars. How much has Russia spent so far? It's rumored about sixty about less than half, so they spent less than half the money. So they're facing basically the world is coming at them, committing to spending and doing whatever it takes to annihilate them, to kill them. And so if they're facing sudden death, like Dmitri says, why would they lose?

Why wouldn't they just fire off nular weapons. I don't think that's good. I don't think it's right, and I certainly don't want to happen. I would hope, and I would hope that you would feel the same way that these leaders would come and they would use calm, cool, collected heads. We'll come to some sense. Can we find some middle ground, can we find some peace. There's not any winners here. There's never going to be a winner here. It's like an argument. Nobody wins. Nobody wins an argument.

If you're married, you know what I'm talking about. Nobody wins an argument you don't have them. And here we are, we're in a war. There's no winners here. People have died, money has been lost. So now at this point we have to stop thinking about winning and losing because there are no winners, but have to think about how is the best way we get out of this today without causing more death and destruction. Now part of me, as an American, wants to say, why do we even care?

As the president of the United States, he should be concerned about the safety of his own people first and foremost. Why is he putting my life and my family's life and your family's life and jeopardy over whatever he's trying to achieve. We're trying to stop putting from taking over a country that used to be part of Russia, that has Russian citizens, in a world far away, in a country that we don't even know or care about that

most people couldn't even put on a map. We're doing it to save democracy a country Ukraine that's arguably one of the most corrupt countries in the world, a country where the president used to be a TV actor and jailed the democratically elected president that was there before him. We're trying to save that country. And again, look, I'm not trying to say there's good or bad here. There's no good out of this. But the good that we can do from here on out is to make sure

that you and I don't die in nuclear war. I'm for that now, But it doesn't look like that's the path that we're going down. We can see that the Pentagon just they have They're just given over another eight hundred billion dollars for the Pentagon in this one point seven troy dollar omnibus bill, with a good chunk of that going to Yes Ukraine. But of course we don't know where that money goes, not even the Pentagon knows.

As a matter of fact, in November two, a few months ago, the Pentagon admitted that it can't account for two trillion dollars again. Again. It's lost two trillion dollars before, and it lost two trillion dollars again. As a matter of fact, the Pentagon says that it's failed it's fifth audit in a road. It's fifth audit. They have no idea where the money goes. The Pentagon can't account for roughly two hundred and twenty billion dollars in equipment that

it gave the contractors. So your six hundred dollars in your VENMO accounts that they're gonna audit you over could potentially terrorism. But they lost two billion dollars in equipment, you know, weapons they gave to contracts and they don't know where they are. This is what we're facing and uh, it's atrocious and at this point we're facing nuclear war. You should be alarmed, UM, alarmed, read the information, call right your your senators or lawmakers and do something about it.

If you're just tuning and listen to the Mark Mo Show, we're talking about the decentralized Revolution and this is showing how the world is breaking apart. This is really big news. UM. I got a lot more to cover when I come back. Some big things that are happening, UM, coming out of the WF that you need to know about. Be back with that morning a minute. Don't go away, I'll be back. Hello and welcome back to another episode of the Markma Show.

We're still talking about some of the latest breaking news headlines of the week talking about how the world is changing from a world of centralization to decentralization. Of course, we look at it through the lens of politics, finance, and technology. That technology is a bitcoin. It's decentralized technology that's changing the world. And a lot has been happening in the bitcoin ecosystem, the bitcoin space this week. Specifically, it's back from the dead. Every time the bitcoin price tumbles,

another obituary is written and bitcoin has died again. I don't know. There's h there's sites that track how many times it's died. I think it's died like four hundred times at this point. But every time it dies and then resurrects, every time it comes back from the dead, it only signals not much stronger, that it's resilient, that it's not going to die, that's come back. As a matter of fact, many many of the some of the biggest and most wealthy investors in the world have actually

said that's why they decided to buy bitcoin. And when I saw it crashed all the way down to this price and come back, I knew it was legit. A lot times people want to compare a bitcoin to the tulip bulemania, right, the tulip mania at Holland, where everybody bought these tulips so feverishly that the price went up so high, which was ridiculous. It was a flower, and then it, you know, spectactually crashed. It never came back. Tulip bubble prices never came back. It went up and

it went down. That's like a pump and dump. You can look at tho cryptocurrencies and they've all gone up and they've gone down, and they've never come back. Bitcoin comes back over and over and over again, and so that it really builds into it. Now, let let me go back. I said something about crypto that you might not believe. I said that crypto has its pump like the like the Toolia bubble, and then it crashes that it never comes back. And you're probably saying, Mark, that's wrong.

And now I question everything that you say, Mark, and that's good. You should question everything I think. But let

me clarify what I mean by that. Um, if you look at any other if you look at all the cryptocurrencies and you priced them in bitcoin, not in dollars, if you look at any crypto priced in bitcoin, so just go to your favorite trading app like Trading View and put in the pair you know, H E T H slash BTC, So instead of measuring in dollars, you're measured in bitcoin, or cardano, measured in bitcoin or um whatever, ah, Cardano, Ethereum, Cosmos, the polka dot, you name it. None of them have

ever made a second all time high a second. So if you're priced it bitcoin, they've all made one pump, and they've all come back down like a table. But Bitcoin keeps coming back, and so Bitcoin has been very stable. As a matter of fact, it's become the most stable it's ever been at any point in his career for the last dozen or so years, where it's been sitting in this like kind of sixteen thousand dollar price rings for a long time, which down from its sixty nine

thou dollar high in November is quite a tumble. And so while it's been sitting there, a lot of people think it's dead, and this week it roared back to over twenty one thousand and sitting in this kind of twenty one dollar price point today, and that's good for a lot of reasons. It's up about thirty bitcoin Um derivatives like coin based stock, for example, or up over eight Bitcoin miners like Mara are up over a hundred and fifty percent, and so we're seeing life come back

into the ecosystem. Now a lot of people are wondering why this is happening. Is this sustained rally? Is this going to be another uh bull trap they call it, meaning suck all the bulls in and trapped them and then and crushed them out? Or is this legit? And so I think we want to look at that from a couple of ways. I think what's happening, in my opinion is that bitcoin Bitcoin is what we would call

like the canary in the coal mine. And so I'm a coal miner, if from from like North Carolina, I think where they get the coal out of the ground, you probably no better than me. But going in there, there's lots of gases and things that would kill people. And I believe the story goes that they would carry like they would carry a canary in there with them because the bird was much more susceptible to those gases and it would die. And if you saw the bird die, like,

oh shoot, I better get out of here. Nowadays, I'm sure they have like electronic quid measures it. That's that was, and so Bitcoin is sort of like that, where Bitcoin is this very volatible asset that moves very quickly. And so we saw in November when Bitcoin hit its all time high, as did the NASDAC, all the tech stocks, the fang stocks, as did everything. Um we saw, the FED came out and said they were going to start

raising rates next year. But Bitcoin started selling off immediately, started moving first, Then naz DAC and the tech starts. Tech stocks started coming down a couple weeks later, and then the SMP five started coming down a couple of months later. Now Bitcoin is going up first, the tech stocks and the NAZDAC are starting to move a little bit after And to me, it looks like Bitcoin is

sniffing out another move. Now what another move could that be? Well, it looks like what it's sniffing out is that the FED is getting towards the end of their tightening cycle. We know this for a number of reasons, but that's what it looks like is happening. I think that potentially

the worst for Bitcoin could be over now. In one of the previous segments, I talked about the sentiment and the surveys that we're done, forty seven percent of people in the United States think the markets will still fall further, so about half, but that means about half think it won't. Now, I know you don't like that fifty fifty, but that's about where the sentiments at. Nobody has a crystal ball. I think it looks like bitcoin is sniffing this move out.

The Feds paused, now, is this good for the economy? Does this mean that, um, the economy is gonna be strong. No, the economy is horrible and economy is gonna get worse. But the markets, the asset prices could be doing better. However, there are some big bombs that could go off inside the market, especially inside the cryptocurrency market. We can see one of the big bombs that everybody's been focusing on is what's going on over at Genesis. Genesis is the

giant in the room. Genesis is one of the biggest companies in the crypto ecosystem that's kind of behind the scenes. They're not really a forward facing customer company, and they were really supplying a lot of equity for a lot of these companies that we're doing these yield products. So

like with Gemini. For example, you could park your bitcoin of your cryptocurrency with Gemini and they would offer you yield, they would give you a return, they would borrow that and pay you back whatever six percent they were paying you. They weren't actually doing it, was actually going to Genesis. Genesis was the company behind that. In Genesis, well, if you're with Gemini, you know very well who Genesis is,

because your money has been locked up. You've been unable to get your money out of Gemini because of what's happened there. And it looks like now Genesis is potentially filing for bankruptcy. There's accusations of fraud coming out um and this is a pretty big deal. Part of the reason why it's the big deal is that Genesis is a sister company to Gray Scale Bitcoin Trust, both owned underneath the parent company, which is DCG Digital Currency Group.

A lot of people are speculating that if Genesis goes down, it could potentially put Gray Scale Bitcoin Trust in danger. And if that goes down, then potentially hundreds of thousands of bitcoins could be released and dumped in the market, which would be very barish for bitcoin's price. I don't think that's going to happen. I think the fears of

contagion happening from Genesis going bankrupt are overblown. I think that for a couple of reasons, we saw the price of bitcoin really get crushed when we saw Tara Luna go down and then Celsius go down, Three's Capital go down, and boom boo the domino effect. By the time it got to f t X, it didn't matter anymore. F t X was the largest bomb to go off. It was the second largest cryptocurrency exchange, but yet it didn't affect Bitcoin's price. Part of the reason why I didn't

affect bitcoins prices they didn't have a lot of bitcoin. Now. On their books they said they had one point four billion dollars a bitcoin. In reality, they had less than twenty thousand dollars a bitcoins. There was no bitcoin to dump into the market. And I think this is probably another one of those events um where we could potentially see Genesis it was gonna file bankruptcy. They're doing that.

You could potentially have some contagion and potentially put DCG group into instability, could potentially um cause lawsuits to be filed against gracecal bit Cointrust and even potentially cause a breakup of that trust. I think those are long shots. I don't think that's probably at all, but it could happen. But even if all that happened, I still don't think

it's bearish for bitcoin's price. And so even though I see those bombs in the ecosystem, I don't think that it could cause the price a bitcoin to come down even more. Now on some good news for you if you're if you were involved in this whole f t X situation, it looks like regulators have found over five billion dollars in liquid assets. Just found them. I think maybe they're looking at the in the couch cushions or something like that. Somehow they just happened to find five

billion dollars they didn't know about. Good news. If you're owed money from f t X, still it wouldn't be holding your breath. Still, probably not a lot of money to go around. If you're just tune in and listening to the Mark mo Show, we're talking about some of the latest breaking news in the end of the system this week, talking about the way the world is changing into a decentralized world. Hopefully that makes sense. I appreciate

you tune in. We'll be back each and every week at the same time in the same channel, so put a calendar reminder. Make sure to follow me on social media at one Mark Moss. That's at one Mark Moss. And if you miss any of that, you can catch it on YouTube at Market Disruptors. And that's what I got. Thanks so much for listening.