Hello, and welcome to another episode of the Mark Moss Show, where we talk about, of course, the decentralized revolution, talking about the way the world is changing. Of course we look at it through the lens of politics, finance, and technology.
Of course, we're talking about how the world has become more and more centralized over time, which of course you see with the World Economic Form and the UN and the WHO and the WTO and on and on and on, IMF, etc. And the world is now breaking apart moving to a decentralized world. And we look at it, like I said, through the lens of politics, finance, and technology, because it's
always technology that changes the world. And that technology that's really driving massive change to the world right now is the decentralized technology of bitcoin. And we're going to talk about that today, and specifically, we're going to talk about how you've been lied to, they've been lying to you, and we're going to break down three ways that bitcoin mining actually helps the environment and not hurts it. So you've been lied to, You've been told that bitcoin is horrible,
it's a waste. Charlie Munger says, it's rat poison. All these things we're going to say who are they? Who are they that have lied to you? Well, the media is lying to you. What is their role in all of this. We're going to look at the very actual specific lies that they've told you. We're going to break those down. We're going to look at why those things they've said are completely wrong that We're going to look at specific ways that actually bitcoin is good counter to
what they've said. We'll look at it from the lens of climate, the energy grids that we have across the country and the world, and then overall freedom and just overall you know, human humanity, human flourishment. It's a pretty pretty big thing. We're going to look at like what are they hiding and why is this happening? The massive opportunity that sits on the side of this, and of course I want to give you some new mental models to help you think through this, because you know, the
old problem was getting enough information. Today the problem is that we have so much information, how do we discern it? And how do you understand the truth when you have so much propaganda coming down from you know, parties who have a vested interest in getting you to think another position. So we're going to break all of that down and more. It's a big show, so don't go away. If you're just tuning in, you're listening to the Mark Moss Show. Now. If you do miss any of it, don't worry. I
got your back. You can always catch me on the podcast. Just search your favorite podcast player for the Mark Moss Show, and of course follow along on social media. Hit me up on Twitter at one Mark Moss or on Instagram at Mark Moss on either on one of those platforms. I'm probably on there way too much and I'd love to hear from you. Let me know what you think about the show, what kind of topics would like be to cover, and so much more. And while I'm asking,
let me just ask. Can I please ask for a favor, just one small little favorite if I've earned that hopefully, would you please on your favorite podcast app just leave me a review, hopefully a good review, but either way, leave me a review, give me some stars, tell me what you think about the show. That would really help me out so much, would be so much to me, and I'll keep doing the best that I can to bring you this information. So let's go ahead and just
jump right into it. Like I said, we're talking about how they have been lying to you and actually how it's all wrong. So let's break that down. So who are they? First of all, now you hear that thrown around a lot, like they are trying to do this, They are trying to take away freedom, they are trying to push CBDC they like, And so who are they? That's always a question that we want to ask. Now, unfortunately we don't always know exactly who they are, and
that's by design. I had a guest on my show, doctor Robert Malone. Some of you guys might have seen that, and doctor Robert Malone he got kind of came to prominence because he was the inventor of the mRNA vaccine, which of course I'm sure you're familiar with at this point. And you know, then he gained a lot of notoriety because he was kind of speaking against the mRNA vaccine during the pandemic, etc. I had him on my show not to talk about that. What we talked about is
something called the fifth generation of warfare. And doctor Malone is an amazing person, overall amazing guest, because his role really in the medical field in establishing vaccines, et cetera, was he was a clinical researcher, and he wrote papers that were submitted for reviews, etc. So his skill is researching, looking through mountains of data, understanding it, and then synthesizing it into papers and getting those submitted into medical logs, etc.
So that's his skill, and boy is it paying off his ability to do research and see these things as amazing. But anyway, I had them on my show and we talked about something again called the fifth Generation of Warfare. If you missed it, I'd highly recommend you go back and watch it again. Go back in the podcast, search back to Robert Malone Fifth Generation of Warfare, or you can catch it on YouTube. Just search Mark Moss, Robert Malone.
You'll find it. But in this fifth Generation of Warfare, he basically talks about how the world has changed in its type of warfare and the world in the United States, etc. And really there's been five generations and I'm gonna break these down for you real quick so you can understand who they are. So in the first generation of warfare, you had you know, Mono Emano, you had man On Man. Right, I'm gonna come beat you up and take what you have.
The second generation generation of warfare started to get a little bit more advanced. So then we start having like armies, right, So now we'd have armies that would meet each other on the battlefield and fight to the death or whatever until one side surrenders. The third generation of warfare is when we really started to get industrialization. So now we had aircraft carriers and jets and helicopters and tanks and all these things. And really that's when the United States
really rose to prominence. So through World War One world War Two, those were both industrial led wars, so the US was able to out industrialize everybody else. We were able to make more war materials, more ships, more tanks, more bombs, etc. And we were able to dominate the world in that way. But then we went into the fourth generation of warfare. Now, the fourth generation of warfare really came out around the Vietnam War and it's continued
on until now we're entering the fifth generation. But in the fourth generation of warfare, it was not any longer these massive armies or these massive industrialized armies, but instead it was in Vietnam, it was guerrilla warfare. So now was little groups attacking the one big group. And the problem with that was that you know, the US is this big, you know fighter, but then you have these small, little nimble fighters that come in and unfortunately, US didn't
do too well over in Vietnam. The US didn't work in that type of warfare. As a matter of fact, per Malone's claims, I haven't actually gone back and verified this for myself, but it seems to be accurate. The United States has not won a war since we've moved into the fourth generation of warfare. They've never won a war. So what war have they won? I can't really think of one. We didn't win Vietnam, we didn't win after Iraq, we didn't have to win in Afghanistan. So we're not
able to win that type of warfare. And now we're entering the fifth generation of warfare, and the fifth generation of warfare is now going into informational and psychological and even financial warfare. And it really signifies itself by having this nameless, faceless attack. So we all feel it. We
can feel these things happening. We can feel the censorship, we can feel the manipulate, we can feel that we're being pitted against each other, but we don't know by who who is doing it, Where is it coming from, we don't know. And that's like this psychological warfare. So we feel the full court of press, but we don't know who it's coming from and where it's coming from. And again that's by design. That's the fifth generation of warfare. Again, go back and lists of the interview if you really
want to dig into that. It's an amazing topic that we really dove deep into. But when we go back to asking the question who are they, we don't know. We don't know who they are, but we do know a few of the players. So for example, we know mainstream media's role in putting these lies out there, so
we know that they are part of mainstream media. So for example, we have the New York Times, CNN, you know, Washington Post, Forbes, Atlantic Financial Times, etc. And so all of those mainstream outlets have sensationalized attacks on bitcoins, specifically around bitcoin's energy usage. We've seen numerous articles. I'm going to dig deep into some of these, but like some of the names of these articles they put out, for example, are like the real world costs of the digital race
for Bitcoin. So just like think about that name that they put there, right, the real world costs for the digital race to bitcoin. Now, first of all, yes, there are costs. Everything in life has a cost benefit analysis. You do yourself no favor if you don't realize that everything in life has a cost to benefit analysis. It's pros and cons good and bad. Right, everything has that. In order for me to get a benefit, I must pay a cost. In order for me to get in shape,
I must wake up on early and go do exercise. Right. In order for me to get in shape, I must pay the cost of you know, starving myself from sweets and snacks or whatever. Everything has a cost. Another one, bitcoin uses more electricity than many countries. How is that even possible? So very sensational and misleading. Yes, the price of bitcoin mining and more why bitcoin miners want to
cast themselves as eco friendly. We can go on and on and on, but you can just tell by the title of these these these hit pieces, these propaganda pieces, you can already tell what their stance is. Of course, we've seen the government and the regulatory stance come out harsh against this as well, trying to look at that.
And so we're going to talk more about what the government is actually said, what the Biden administration has actually said, what the competitor attacks are influencer attacks, but you know they're coming from all over the place, and it's really hard to understand what to do. It's hard to understand what to do with your money, and so much more. If you're just tuning in, you're listening to the Mark Mass Show talking about the lies they're feeding you and
how they're all wrong about bitcoin mining and more. We're gonna be back with more a minute. I gotta take a quick break. Don't go away, I'll bear back, all right, Welcome back. If you're just tune in, you are listening to the Mark Mass Show, of course, always talking about the decentralized revolution. Right now we're talking about specifically the ways they and who they are lying to you about bitcoin and bitcoin mining and how it's all wrong and we can see through it by the thin veiled attacks
that they're doing. So again we were talking about for understanding who they are is very difficult, but in this context, we know they are the people that are putting out these hit pieces. So I named the New York Times, CNN, Forbes, Atlantic, et cetera. But we also have the Biden administration. We know specifically that the Biden administration, Biden himself if he's
capable of it, most likely it's the administration. Biden supposedly signed some executive orders mandating that the government start to do investigations and research into bitcoin and cryptocurrencies and things like that. They wanted to analyze the implications and the initiatives behind it. What's going on with it? Is it a thread, how can we take it over? How can we produce something better? And all these types of things. Now, in this economic report that Biden put together, you know,
there was a lot of language in there. It was titled the Economic Report of the President, And like I said, they wanted to supposedly look at the potential benefits of it. Of course it's not really what they were doing. But what they really wanted to look at is is this a threat to our financial monopoly? Could it effectively replace what we're doing? Is there a way that we could stop it if we wanted to, Is there a way that we could you know, co opt it, take it over?
Things like that. That's actually what they are taking a look at. We know that we've seen many other people in the Bide administration following suit. We know Elizabeth Warren, Senator Elizabeth Warren. I always think about what Trump calls her, Senator Elizabeth Warren. She is now heading up what she's calling the anti Crypto Army Anti Crypto. It's amazing an American the land of the Free and American politicians running on a platform to take away freedoms. It's pretty crazy.
And then we have what we you know what we've been talking about Operation Choke Point, where they're literally choking out these legally recognized businesses, cutting access off to the financial system. So we've seen that. We've also seen influencer tax attacks really really stepped up. So you know, whether that's you know, Warren Buffett. They always love to go to Warren Buffett and his partner Charlie Munger and ask them what they think about bitcoin. And of course, you know,
they're in their nineties. They've made billions of dollars off the legacy financial system. My guess is they sort of like the financial the legacy financial system because it's worked very well for them. My guess is they would like the legacy financial system to continue because they've got it dialed in and they've got it figured out, and they're so influential now that they get the government to do
their bidding and they get to benefit from that. So my guess is that they wouldn't be very favorable to any type of competition for that. So one, let's let's let's let's let's lock these down. So rule number one, when you're looking at this type of information coming out, you always want to be able to think critically about it. So one, who is telling me this information? So in this case Munger and Buffett, who's telling me that? What
potential interest or incentives would they have? Well, they have deep ties to the legacy financial system, as I said. And then we want to be able to look and we want to be able to separate fact from opinion. All right, So if I'm looking at this piece from the Washington Post, I know it's the Washington Post. I know they're basically a mouthpiece for the CIA. I know it's most likely going to be propaganda. So when I read this post, I'm going to already have that frame
in my mind. Then as I'm reading the information, I want to say, what is fact in here? And what is opinion? If I was reading something from RT, it'd be like, well, this is a Russian mouthpiece, So now I need to be aware of their biases. And if I'm reading it from Charlie Munger and Warren Buffett, I need to know and be aware of their biases as well. And then I have to separate fact from fiction. So what does Warren Buffett say about bitcoin? He says bitcoin
is so stupid. He says it's rat poison. Okay, well, that's not fact. There's no fact in that. That's his opinion. I don't even know what that means. I guess it's bad it kills rats, I mean whatever. So that's certainly opinion. Okay, so we know who he is, what his are, and that's his opinion. I don't really care about his opinion in this matter because it's so biased. Right. We know Gates. Bill Gates says that he was gifted some and he
immediately sold it again. Another person who has a lot to gain by having the government to continue to take over more and more control and grant him and his businesses billions and billions of dollars. Elon Musk, he doesn't really understand it. He says that he doesn't like it
because it's not mind of renewable energy. I think you know he had that problem because he's obviously trying to sell ev cars, trying to push this kind of renewable energy world, and so I think he kind of has to say that to sort of bow down to to his investors and so much more like that. But let's take a look at some of these lies that they've told us. So, for example, they say that the bitcoin uses so much energy it's going to put a strain on energy grids, so people all around the country, you
aren't going to have enough electricity. It's going to push the prices up so high. It's going to put so much strain on the grids, the grids will come down and people won't have enough energy. Well, let's see how that works. So in California, for example, over the last six seven years, California has shut down two of their three nuclear reactors. We've shut down natural gas electricity plants to move to renewables. So we've been building more and
more and renewables in California. But every summer we have rolling blackouts. The grid isn't able to manage that, and we continually have rolling blackouts during the summer. I personally just had solar panels put on my house, and we're putting a generator in so I don't have to worry about my power going out when we have roe blackouts anymore. But that's not because of bitcoin mining. As a matter
of fact, there is no bitcoin mining in California. And the reason why there's no bitcoin mining in California is because the price of electricity is way too high. It's way too expensive, so no one comes here. So the grid, the grid has been weakened by policies that California put in place. The grid has been weakened by shutting down
nuclear reactors. The grid has been trying to move reliable sorts of energy to move to unreliable sources of energy like wind and solar, and that has caused grid problems. Not bitcoin mining. Now we can see in Texas you might point to but Texas. Look at Texas. They have all these bitcoin miners there and now they're having problems with their with their grid. I know, I also have a place in Texas. I know this winter my power went out for six days because of an ice storm.
I know the summer before, power went out because it was too hot. And is that because of bitcoin mining because there's so much there. But the grid has been imbalanced in Texas long before bitcoin mining. As a matter of fact, bitcoin mining is helping to balance that grid. As a matter of fact. What's happening is, you know you need with electricity, you need you need a couple things. Well, i'm gonna'm gonna'm I'll go I'm gonna break that down.
But let's just let's just dive down a little bit more. I'm gonna break that down. We'll come back to that. We also have been told that bitcoin emits way too much carbon, it's bad for the climate. Well, first of all, let me say something controversial for you here. You may not like this. I don't even think that's a I don't even think that's real. I don't believe that the carbon is one single thermostat you can control the temperature of the world on. I think that well, I don't think,
I know. Factually, empirical evidence tells us that as we've produced more carbon, as the temperature of the Earth has gone up in the laste hundred years. From nineteen twenty to twenty twenty, human flourishment that the temperature of the world has gone about one point two degrees in the last one hundred years, and human flourishment has never been better, Life expectancy has tripled, wealth has increased, everything has gotten
better as the temperature has gotten warmer. Now, I don't believe that the carbon emissions alone drives the temperature, but we do know factually that as the temperature went up, human life got better. We produce more food than we've ever produced before. So I don't even like that one. And then we have the energy comparison, so it uses more than an entire country, and things like that. So
I'm going to break down some of those myths. Letter leading with I'm going to break those down, and then of course we'll talk about what this means on the other side, the big opportunity it's there, and then again like mental frameworks to think through this. I'm going to take a quick break. If he's tune and you were listening to the Mark Moss Show, of course talking about the decentralized revolution. Today we're breaking down some of these
attacks on the bitcoin mining network. Gonna be back with more in a minute. Don't go away, I'll be right back, all right, Welcome back. If you just tune in, you were listening to the Mark Moss Show. We're talking about they who are they spreading fud, spreading misinformation in mainstream media, attacking bitcoin, attacking I wouldn't say cryptocurrency, just really attacking bitcoin specifically around the energy, the energy aspect of it. You know, you'll notice that kind of going back to
the intro. If you were here for the beginning, you heard me talking about the fifth generation of warfare, and then the fifth generation of warfare, it's really like I said, it's more psychological, information driven and money driven, and in that they use fear as a way to gain control. Right. So during the pandemic, Hey, the whole world's going to die, so we have to lock everybody down. If you give
us all this power, we can save you. And part of this fifth generation of warfare is usually these psychological levers to gain control, and we don't know really know who they are. Right And if you think about it, you already start to see the World Health Organization, the UN, and the World Economic re Forum are all talking now
about climate emergencies, climate emergencies, climate emergency. As a matter of fact, the Biden administration is on board with a new resolution that's been put forth that would give the US sovereignty over to the UN currently it's just a resolution, but it would give power over to the UN that they would have control over the entire world, over every nation, including the US because they've laid their sovereignty down, including
the US in any type of global emergency. When you look at what type of global emergencies they are, one of those is climate climate emergency. Another one is a cyber emergency, so if like a bunch of networks go down, and so they would use these things to do that. And so climate seems to be the big thing. Even the World Health Organization now has the power to manage every country, include the US, based on a health emergency, and they could say that climate is a problem for
health as well. All right, so just just pay attention for that. But let's just take a look at some of these things here if we really want to kind of break this down. So if we look at like some energy comparisons, for example, because they say that bitcoin uses way too much energy, but when you examine bitcoin's energy usage, first of all, it's nowhere near what they said it was going to be. So for example, their Newsweek ran article here when is this dated in twenty seventeen.
In twenty seventeen, Newsweek rand articles said, quote, bitcoin mining is on track to consume all of the world's energy by twenty twenty, all of it. Well, here were twenty twenty three, three years past that date, five years, six years past the time they wrote this, three years past that date, and guess what, it's not even using even it's not even using a fraction of the world's energy, not even a fraction. Bitcoin only uses a fraction of the energy that's being wasted. Now what is wasted mean?
So who's to say what a waste is? You might sit there and like to look out at the ocean for two hours a day, and I might go, what a waste you are wasting your time? You should be working on higher value tasks. But maybe that's prayer and meditation to you, and maybe that's super high value to you, and maybe that's what allows you to be such a high achiever. So who am I to say that you are wasting your time by doing prayer meditation. I may not like it, and that's okay, that's on me, But
that's not a waste. You can choose how you want to use your time. I should be able to choose how I want to use my electricity. If I'm using electricity, it's not a waste. Now, I might say what a waste would be is, let's say that I had a bunch of meat in the in the freezer and I pull it out of the freezer. It would last for a long time in the freezer, but I pull it out and I cook it all because I have a bunch of people coming over and then nobody shows up.
Now all that food is now wasted because I made it and now it has to go in the trash. Okay, So if we look at it from that perspective, don't we do is we look at the energy it's being used, and we go all around the world. Energy is being created and not used. No one's using it. It's made, but no one's using it. That is a waste. Now, if you use that food for like, if I fed my dog with it, or I fed a homeless person with it, or I've fed my neighbor with it, who
are you to say it's a waste? Oh, how could you waste that good steak on your dog? Well, my dog has to eat something. It's not a waste for me. A lot of people feed their dog chicken or whatever, right, so who are you to say it's a waste. It's my food. I'll do what I want. But if I threw it in the trash, that's kind of a waste. And it goes back to the energy. Who's to say if you're using energy is a waste. But if I create it and it doesn't get consumed, that's a waste.
And that's exactly what's happening. So bitcoin uses only a very small fraction of the energy that's already being created and not used. It's already been made, it's gonna go to waste. No one's using it, so bitcoin might as well use a little bit of that. And that's where really this big piece kicks in that people need to understand. And the reason why it's important to understand that is because this is what will allow for more human flourishment. What do I mean by that, Well, you might imagine
it's not cheap to set up electricity. That's why most of the world doesn't have it. Now, the world of Comic Forum in the UN and the who want to paint this apocalyptic future, they say that if the word per the IPCC report was what they say per the IPC's report, the temperature of the world will go up by one point two degree celsius in the next hundred years. Okay, that's what the IPC report says, but they didn't say that the whole world is gonna end. They just said
it's gonna go up. It's everybody else's extrapolating from that piece of data. But again, like I said earlier, if we look back empirically the last one hundred years, the temperature did go up one point two percent, and it's been better. But let's continue pulling on this for a second. So they said that that will happen, and so we must reduce the electricity because there will be apocalyptic future.
But as my friend Alex Epstein, who wrote the book Fossil Future, likes to point out, for three billion people living today, it's already apocalyptic, whatever your vision is of apocalyptic, like this Mad Max scenario right where like these roving bands of people are roaming around looking for resources like food and gas. That's life for like three billion people
right now today. They don't have it. There's babies that die every single day because they can't go to the their mother can't go to the hospital and have a sonogram or ultrasound. There's babies dying every single day because there's no electricity where they can put the baby into an incubator if they're born prematurely. In every single day, billions and billions of people are living in apocalyptic life because they don't have energy. Now, how could we fix that?
How could we get them energy? Well, why don't we go build an electricity plant there, a nuclear power plant, a gas substation, whatever it is. Well, it takes a lot of money. It takes a lot of money, and there's not enough demand to buy all that energy that gets created. So who's going to go invest the money to put that power plant in if there's nobody there to use the energy. It's sort of like this Chicken or the egg type of scenario. So here's where bitcoin
helps out. So I could go into this African nation and build this hydro electric dam, which might cost you know, one hundreds of millions of dollars, But who's going to invest that money if there's no return. It could take decades before enough people move into that region to buy that electricity. So what they could do is they can set that hydroelectric dam up today and today it can be mining bitcoin and that gives the investors a return
on their money. Then slowly but surely, people start to flock to that area, new towns, new commerce is set up, there's people that are finally living there, buying electricity. At some point there's enough demand from people and businesses, et cetera to buy the electricity that the bitcoin mining just shuts off. Now all those people are there, flourishing, having their best life. They have hospitals now, and all because it started because bitcoin was helped able to offset that.
Then bitcoin just moves to the next town and let's set up power there, and then the same thing happens as the people move there, as life flourishes, bitcoin mining moves on to the next place that could never have happened without it. Now again, but it wastes so much. It uses electric uses less electricity than household clothes dryers do in the United States. Why do you waste electricity drying your clothes and a dryer? Why don't you just hang them on a clothes line in your backyard. It
uses less electricity than YouTube uses for their servers. Why are you watching all these videos online? What a waste of time. You're starting to get the point now it does more than just that. Now, what capitalism is and this has people have this misunderstood, which is why I wrote the book The Uncommunist Manifesto, which, by the way, shameless plug. If you haven't bought it, you certainly should, The Uncommunist Manifesto to try to help people understand this
a little bit better. But what capitalism is and isn't is it's me using my resources to be more efficient. Right, I want to better use my natural resources efficiently because I understand they're scarce. That's what capitalism does. I'm gonna come back. I'm gonna talk about more about that in detail, you know, because it's important to understand this if you
want to get this right now. If you're just tuning in, you're listening to the Mark Mass Show, we're talking about they lying to you about bitcoin and so much more. Be back with more a minute, don't go away, I take a quick break. We're back. Hi, welcome back. If you're just tune in, you're listening to the Mark Mass Show, we're talking about the lies they've been telling to you about bitcoin, specifically around bitcoin mining, and we've been breaking
them down one by one by one. We were just talking about how it actually helps billions of people around the world get energy and save them from this apocalyptic life that they live today. But let's keep going, let's talk about how it might actually I mean, that's great for human flourishment. What about the environment, because supposedly it's so bad for the environment, because apparently it uses so
much electricity, it's bad for the environment. I already broke down how it's only using electricity that's already been made and not being used. It's not doing anything that wasn't already made, first of all. But what it's actually doing is kind of going back to what I was saying before the break. What capitalism does is capital and takes private property and tries to use those those scarce resources
more efficiently. So it turns trash into treasure. Right kensy and economics, When you print money, it creates waste, Capitalism preserves it. Your company's profitability is the scorecard for how efficient you are with your resources. So, for example, in the United States, thankful to new technology that was called fracking back in two thousand and eight, we discovered that we can get more natural gas out of the ground than we ever had imagined, and we have so much.
The United States has so much natural gas. It's so abundant and so cheap that we don't even bother to capture it. As a matter of fact, all throughout the oil fields of the Midwest and the rest of the US and into Canada, the natural gas comes out of the out of an oil well. So they drove for oil. Natural gas comes out of it. They don't even capture it. It's worth so it's worth so little. It's so abundant that it's not even captured. It's totally wasted. It's literally
just what they call vented. There's allowed to just seep. It's just gas, right, so they allow it to vent into the ecosystem, or they'll flare it where they'll actually turn it on fire. And you might have seen pictures like an oil field with like fire sticking them out of these tubes. So they're either venting it or flaring. That's waste. They're getting natural gas energy out of the
ground and literally lighting it on fire. That's wasting it. Right, would you agree They've already done the work, it's already coming out of the ground, and here they are either letting it seep into the ecosystem or lighting on fire. Well, what if we didn't waste it, what if we actually captured it. Well, we don't capture it because, like I said,
the cost is too cheap at this point. But what we can do, and what is being done has been being done for a number of years now, is you can go to these well heads where the natural gas is coming off, and you can get a container full of bitcoin mining computers and stick it at the wellhead and run bitcoin mining. So a couple things happen. Now you might say, well, why don't they just if they're going to capture it there, why don't they just send
it to the pipeline. Because it's what we call stranded. It's so far away from any infrastructure that it's not profitable to capture it and bring it to the market to run pipelines or whatever it is. And so there, in this instance, the natural gas has been created, the energy has been created. It's literally seeping into the ecosystem. We're burning off, it's being wasted, and here they are capturing it at the wellhead and turning it into economic power.
It's creating jobs, it's creating technology, it's creating economic activity off of wasted energy. And it's not just that it's using wasted energy. It's actually good for the environment. Because if you're an environmentalist, then you probably believe that all that gas seeping into the ecosystem isn't good methane gas and whatever gas it has. So if they can capture that and use it, it doesn't go into the environment.
So not only are they taking something that's already being created and being wasted and utilizing it using the resources more efficiently, they're actually saving it from going into the ecosystem, which is good for the environment. Now that's one example we've talked about, you know, starting entire new communities in the poor and perverse nations that live in apocalyptic world.
But what about even in California where I mentioned how the power grid goes down all the time, or in Texas where the power grid is going out all the time. What about places like that, Well, in California or Texas or places where the power grid is weak, we obviously
don't have enough electricity. That's a problem, which is why in California, which is leading the charge on moving everybody to ev vehicles in the summer, when the power starts going blackouts, they tell people not to charge their ev vehicles, which is insane. So what happens is, obviously, obviously during the peak times in California they need more electricity, obviously, right, so they could build an additional power plant, but they may not need that power plant to run all the time.
So in places not California, they're not very smart. But in other places like Texas, they run what's called a peaker plant. So a peaker plant means when you hit peak energy use, when you have a massive demand of energy use, you have this backup plant that can produce even more electricity. The problem is that, as you might imagine, it's very expensive to build an entire new power plant that never gets used. Talk about waste. I mean talk
about waste. I think about all that they have to you know, clear all the tractors that have to you know, grade the land, bulldoze the land, all the equipment, all the materials that go into building out these power plants, all the all the oil, all the energy, all the cement metal, all that build that entire power plant, all the cost, effort, time, labor, energy, and then it just sits there dormant most of the year, only comes on at the point where that peak overload is needed, that's
a waste. Well, what could they do with that? Well, they can't just turn it on because they don't have a buyer for the electricity. They could run the peaker plant all the time, but who's going to buy the energy. There's nobody there to buy it. So it's a big problem. But what they can do is they so then so then you might imagine it's a big problems. So guess what,
they don't build peaker plants. So in places like California, we just go without power when we need it the most, when it's the hottest, you know, and you need your ace to come on, or it's nighttime but you need your lights to come on so your kids can do their homework. Shut it off because we can't afford to build the pecker plants. But what if you could build a picker plant and use all that energy while it's being idle to mine bitcoin. So now as an investor,
we can put up money. We could spend the money for the picker plant. We can now make money back by mining bitcoin, and when the peak that piker plant energy is needed on the grid, we just turn off the bitcoin mining and just let them use the extra power. Think about that. So now we've solved the big problem. But there's a big problem all throughout the United States where there's problems with and having an electricity. The answer would be built picker plants. The problem is it's not
economical to do so. And now it's fixed that problem, they're starting to get the idea. The one thing I'm just going to continue to pound into your head is that it is not wasting energy. Bitcoin only uses energy that's already being wasted. And the reason why is because all economics is actually super simple. It's all boiled down to supply and demand. In California, the reason why there's know bitcoin mining is because the power is too expensive.
Why is it too expensive. There's more people that want to buy electricity than there is electricity available. So in the summer months in California, at the top end of our tiered system, you might pay forty five cents per kill a WoT hour forty five cents. Bitcoin mining can only survive. To be competitive, you need to be like below five cents, and really most of the big bitcoin
mining facilities are under three cents. Well, how the heck can they find three cent power when California is forty five. It's easy because they're only buying electricity that is already being created and not being purchased. There's back to supplying demand. There's more there's more supply than there is demand for it. So bitcoin cannot waste energy. Bitcoin can only use energy that's already going to be wasted. Now plugging in the
computers themselves, that doesn't release any emission. The whole argument is about the energy overall, not about about creating the energy. It's not about the actual computers running now. In a lot of cases, what we're seeing now this is ingenius. I met with a company who is in France, and what they're doing is they're taking household appliances that already use electricity, like, for example, space heaters. These use massive amounts of electricity, and they're putting bitcoin mining into the
space heaters. So now I go to the store. I can buy heater number one hundred bucks. I can buy heater number two for a hundred bucks. But heater number two gives me back twenty percent of my electricity bill every single month. That's pretty good. It's offset electricity beal I'm already going to buy the electricity. I'm already gonna buy the heater, I'm already gonna heart my home. Why
not mine some bitcoin and get some money back. You're starting to see how this works, and so they are trying to spread this information for some other reason other than energy. It's clearly not that. It's clearly not for human flourishment. It's clearly not that. So what is it then? Well then you have to go, well, shoot, they must not want us to have our own money. Well then why don't they want us to have our own money? Now you're on the right path. You're asking the right questions.
I'll have to answer those on another time. If you're just tuning, you're listening to the Mark Mos Show. We've been talking about the latest breaking news in this decentralized revolution. That's what we got today. Thanks so much for listening.