The Mark Moss Show

Sam Callahan joins Jake Roque to explain why Medicare, Social Security, interest expense, and fiscal deficits will create major problems over the next 5 years. They discuss Bitcoin treasury companies, CBDCs vs stablecoins, Bitcoin adoption in Latin America, quantum computing risks, treasury strategy, inflation, and why Bitcoin will become increasingly important in a world of rising debt and currency debasement.
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TIMESTAMPS:
0:00 - Episode Preview
0:55 - Introducing Sam Callahan & Orange BTC
11:56 - Bitcoin Adoption in Latin America & Brazil
16:36 - Why Brazil Markets Need More Bitcoin Access
18:59 - Digital Credit in Brazil, STRC & Bitcoin...

CFTC Chair Mike Selig explains why the Trump administration is pushing to make America the global leader in Bitcoin and crypto. Mike Selig joins Mark Moss to discuss Bitcoin self custody, private property rights, debanking, stablecoin legislation, the Clarity Act, the Genius Act, and why he believes the chance of the US government banning Bitcoin is now “slim to none.” They also cover the difference between Bitcoin and crypto, why the administration sees Bitcoin as a digital commodity, how regulators are approaching tokenized assets, and what the future of crypto regulation in America could look like.

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The man who ran the US Treasury back in 2008, just told the country to prepare for the break the glass plan. Now, hat's the headline but that's not the real story. The real story is what the Treasury did quietly, just one hour later. I'm talking about $15 billion bought back in a single morning.

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There's a shockwave moving through the economy, and most people can't see it because the headlines, they're telling them that the crisis is over. In this video, I'm going to show you exactly where this shockwave started. We're going to look at how it's moving through the economy right now, why it's about to crush one side of the market and fuel the biggest opportunity on the other. And of course, how to make sure you're on the right side.

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Strategy CEO Phong Le joins Mark Moss to explain how MSTR is transforming Bitcoin into a new financial asset class with “digital credit" backed by Bitcoin. Phong explains Strategy's goal of increasing Bitcoin per share, how MSTR is using leverage to amplify returns (and volatility), and how their new “STRC” product is bringing Bitcoin exposure to the masses through beautiful simplicity.

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Strategy CEO Phong Le joins Mark Moss to explain how MSTR is transforming Bitcoin into a new financial asset class with “digital credit" backed by Bitcoin. Phong explains Strategy's goal of increasing Bitcoin per share, how MSTR is using leverage to amplify returns (and volatility), and how their new “STRC” product is bringing Bitcoin exposure to the masses through beautiful simplicity.

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The US tax code is about 7000 pages long, and you want to know how much of that actually tells you what you owe? About 2%. The other 98%, though, is incentives. It's the government saying if you invest in the things that we need built, we're going to give you some tax dollars back. Things like housing, energy, infrastructure, technology, they need it all funded. They can't do it on their own. So they wrote 7000 pages of instruction that says, do this and we'll pay you for it. And almost nobody reads this

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Chase Hughes joins Mark Moss to explain media manipulation, narrative engineering, and the psychology behind how people are influenced in investing and everyday life. They break down how narratives are engineered, how the media installs beliefs before you even think, and why smart people still fall for manipulation. They also discuss the power of identity, dopamine, decision fatigue, and the many psychological tactics being used against you every single day.

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The last time I ran caused an oil shock. It was 1979. Back then, the world lost 5 million barrels a day. Inflation went as high as 13% and it took years to recover. Okay, so this time, well, we've already lost 11 million barrels a day. That's more than both of the 1970s oil shocks combined. And what I don't really see anybody talking about, at least not as of right now, is that even if peace is declared right now, today, which it looks like it is.

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Chris Camillo built a fortune without Wall Street using a strategy called social arbitrage. Instead of relying on financial data, he studies real world behavior to find winning trades before the market catches on. He explains how he finds trades using TikTok, why value investing is dead, and his Bitcoin thesis as a generational shift in capital unfolds. We also break down AI as both the biggest opportunity and a potential bubble, along with how to actually invest in AI today. We cover the $300 trade that changed his life, his biggest wins in Amazon and Nvidia, and the trade...

There's a rotation starting that most investors don't see it. AI isn't just changing technology, it's forcing capital to move. And if that shift continues, Bitcoin could end up being one of the biggest beneficiaries. Now I know Bitcoin has been getting hammered right. And if you're watching this you're probably heard, you know, all the usual explanations like it's just a cycle or I don't know, liquidity is tight or risk assets are pulling back or I don't know whatever sentiment got too far ahead of itself.

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The Netherlands just passed a bill to tax unrealized wealth gains at 36%. Not realized gains. Not the money that you made, not the money you took off the table. Money that's still sitting in your portfolio. I'm talking about gains on paper. Now, you didn't sell it, but you owe money on it. But there's a lot more to this than just the tax.

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Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, joins to break down how global liquidity, AI disruption, and political incentives are shaping the next phase of the financial cycle. After building one of the largest crypto derivatives exchanges in the world, Arthur has become one of the most influential macro thinkers in Bitcoin and digital asset markets. In this conversation, we unpack why the system may require a crisis before the next wave of money printing begins, how AI-driven unemployment could trigger financial instability, and why Bitcoin often signals liquidity shifts before traditional markets react.

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Bitcoin's crash off its all time high and then its sudden crash last week. It left many people stunned and it took a couple days. But now we have the data to see exactly what happened and why. Now everyone's had a theory, right? Some say it was a Hong Kong fund, a carry trade, a well liquidation. Well, I dug through the ETF flows, the options data, the CMA basis trades and there was no single culprit.

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Benjamin Cowen, founder of Into The Cryptoverse and one of the most respected quantitative analysts in crypto, joins Mark Moss to break down the structure behind Bitcoin’s long-term market cycles. Known for his data-driven approach and deep statistical modeling, Ben has built one of the most trusted research platforms for understanding Bitcoin’s macro trends. In this conversation, we unpack why many popular Bitcoin models keep failing, whether the traditional four-year cycle still holds, and how liquidity, macro policy, and market psychology shape long-term price action. Ben explains why cycles may evolve rather than disappear and what investors shou...

You've probably heard that Bitcoiners say never sell your Bitcoin. But of course, that raises a very obvious question like how do you retire and pay your expenses without selling? And more importantly, when you ask that question exposes a much bigger problem, one that explains why nearly half of boomers today can't afford to retire.

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Get the "New Rich" Playbook: Learn how to build a tax-free Bitcoin income stream using elite strategies that unlock Bitcoin's true potential. Free guide + tools to buy trophy assets and leverage for tax-free income 👉 https://link.1markmoss.com/ABT8t Bitcoin's price is completely plunging. At least at the time that we're recording this. I don't know when you're going to watch it. However, it doesn't really matter because we're not talking about where the price is today. We're going to talk about what we should do when Bitcoin crashes because it crashes all the time.

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Joseph Wang, known widely as “The Fed Guy,” is a former senior trader at the Federal Reserve Bank of New York where he executed monetary policy operations during some of the most volatile periods in modern markets. After leaving the Fed, Joseph founded FedGuy.com and has become one of the most trusted voices explaining the inner mechanics of central banking, liquidity, and financial markets. In this conversation, Joseph breaks down what a Kevin Warsh-led Federal Reserve could mean for markets, whether the Fed can actually shrink its balance sheet without destabilizing risk assets, and how liquidity, interest rates, and...

There's a war happening right now. The US, Israel, Iran, an active conflict. And while everyone's watching the geopolitics and the oil price and the missiles and the regime change and all that, something's playing out inside this war that almost nobody in financial media is even connecting. And I'm talking about gold is down since the war started and Bitcoin went up.

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When the dollar breaks. Assets you think are the safest don't protect you. They fail first. And that's not a theory. It's how every monetary system in history actually unravels. So I want to show you how people actually lose wealth in sovereign debt crisis, why so-called safe assets turn into traps, and why this time looks nothing like 2008.

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While the whole world is watching Iran right now. Something happened this week that most people completely missed. Trump publicly went to war with the banks. And I don't mean metaphorically. I mean he called them out by name. And the reason why this matters to you is simple. The outcome of this fight will determine which side of the biggest wealth transfer of our lifetime you end up on.

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Scott Melker, trader, analyst, and host of The Wolf of All Streets, joins Mark Moss to break down why Bitcoin’s recent drawdown doesn’t mean the 4-year cycle is dead — it means investors are using the wrong model. With years of market experience across traditional finance and crypto, Scott brings a grounded perspective on volatility, liquidity, and structural shifts in the market. In this conversation, we unpack why narratives follow price, how leverage and options markets reshape volatility, whether Wall Street is suppressing Bitcoin, and why retail never truly showed up this cycle. Scott explains why he’s buying a...

Most people look at Bitcoin and ask a very simple question like does it win or does it fail? Which sounds logical, but that's not how serious investors think, because markets don't operate in a yes or no. They operate in probabilities. And when outcomes are uncertain, when the stakes are high and the information is incomplete, the smartest decision makers in the world don't think in binaries either.

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Eric Weiss, veteran crypto investor and co-founder of Blockchain Investment Group, joins Mark Moss to explain why this market cycle feels different and what has actually changed beneath the surface. Drawing on experience across multiple Bitcoin and macro cycles, Eric breaks down how incentives, leverage, and institutional structure now shape outcomes more than narratives. In this conversation, we unpack how new layers of regulation and leverage alter risk, why traditional cycle thinking keeps failing, and what investors consistently miss when they say “this time is different.” This discussion will help you understand how to navigate markets as the rules quie...

This is the biggest financial mistake homeowners make, and most people lock it in for decades without ever questioning it. Now, paying off your home feels like the responsible move. It feels like security. But what if that feeling is costing you far more than you realize when you pay off your house? What exactly are you winning?

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Marty Bent, longtime Bitcoin commentator and host of TFTC, joins Mark Moss to explain why prices are no longer set by markets — but by policy. From energy and housing to Bitcoin and stablecoins, Marty breaks down how regulation, political incentives, and centralized control are distorting prices, locking in inflation, and making “cheap again” a fantasy. This conversation connects the dots between policy, price signals, and why Bitcoin continues to matter in a world where markets are being replaced.

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Larry Lepard, veteran investor, author of The Big Print, and leading voice on sound money, joins Mark Moss to explain why the Federal Reserve is trapped. With debt surging and political pressure mounting, Larry breaks down why money printing isn’t a choice — it’s the only path left. In this conversation, we explore how the bond market truly dictates Fed policy, why high interest rates are unsustainable, and how fiat systems historically end. Larry explains where capital moves next and what this moment means for protecting wealth in a system with no clean exit.

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Everyone has heard of MicroStrategy “buying Bitcoin,” but almost nobody understands the real cheat code—they didn’t just buy, they re-engineered their balance sheet. That’s the unlock: you can run your personal finances like a company treasury. This flips the script: instead of saving scraps and hoping your 401k grows, you design a capital stack like Saylor—equity, debt, and base-layer Bitcoin. Suddenly, you’re not just surviving inflation, you’re weaponizing it.

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Yaron Brook, Chairman of the Ayn Rand Institute and one of the most prominent defenders of free markets and rational capitalism, joins the show to break down a risk most investors aren’t even thinking about: large-scale irrationality. As a longtime thinker on economics, philosophy, and moral foundations of markets, Yaron explains why markets don’t fail because of math or data — they fail when societies abandon reason. In this conversation, we explore why markets struggle to price irrational behavior, how emotional politics and socialism distort incentives, and why regulation, not capitalism, is behind many of today’s economic breakdow...

Time is running out. And I don't mean in some dramatic into the world way. I mean, structurally, we're headed into a reset window between now and 2030 that will permanently separate families who planned from families who didn't. The truth is that most people don't fail because they didn't work hard enough. They fail because they never built the right system.

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Simon Dixon, CEO of BNK to the Future and one of the earliest investors and thinkers in Bitcoin, joins Mark Moss to unpack how power, money, and control really operate behind the scenes. With decades of experience in traditional banking, fintech, Bitcoin, and speaking at Bitcoin conferences as early as 2011 — Simon brings a rare insider’s perspective on how financial systems evolve, fail, and adapt when they’re threatened. In this conversation, Simon explains how Bitcoin disrupts the existing power structure, why volatility is often manufactured by leverage and institutional incentives, and how Wall Street’s relationship with Bitcoin quietly...

People say Bitcoin is too volatile — and looking at today’s price action, that sounds fair. Bitcoin’s down more than 30%, fear is everywhere, and calls for another crash are getting louder. But what if Bitcoin’s volatility isn’t the problem at all? What if misunderstanding that volatility is the real reason people keep losing money every cycle?

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Ben Perrin, founder of BTC Sessions and one of the most trusted voices in Bitcoin self-custody, joins Mark Moss to break down the biggest risk facing Bitcoin holders today and it has nothing to do with price, regulation, or market crashes. In this conversation, we unpack why ETFs and custodians miss the point of Bitcoin, how self-sovereignty actually works in practice, the real dangers of custody, coercion, and privacy leaks, and what it takes to protect your Bitcoin for generations. From inheritance planning and multisig to real-world threats and everyday best practices, this episode lays out what it truly...

Mel Mattison, founder of Mott Capital Management and a veteran market strategist known for his deep focus on liquidity, positioning, and market structure, joins Mark Moss to challenge the most crowded narrative in finance today. While headlines scream crash and recession, Mel explains why markets often do the opposite of what everyone expects and how ignoring sentiment in favor of liquidity and balance sheets can reveal what’s really coming next. In this conversation, we break down why fear is already priced in, how liquidity quietly drives melt-ups, why positioning matters more than headlines, and how investors keep getting tr...

2026 is not just another year. It’s the beginning of what I believe will be the biggest wealth window of the next four years. Maybe the next decade. But here’s the truth — most people will miss it. Not because of timing… Not because of money… But because they don’t have the capacity or the systems to take advantage of the opportunity.

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Dhruv Bansal, co-founder of *Unchained Capital* and one of Bitcoin’s most original thinkers, joins Mark Moss to reveal how Bitcoin is evolving far beyond money. Known for his work on multisig, security, and Bitcoin’s deeper architecture, Dhruv explains how each layer of Bitcoin unlocks entirely new behaviors creating “beautiful surprises” that connect money, communication, time, and intelligence into a single operating system. In this conversation, the two break down how **a new digital ecosystem is forming from Bitcoin**, where markets build themselves through incentives, and where **AI agents, data, and human coordination all converge on Bitcoin’s trustless...

Most people think that Bitcoin is just having another huge drawdown or it's the start of the four year cycle drawdown. But the truth is it's way bigger. There's a hidden war that's begun between the old financial system and the new one. And the crazy part is that almost nobody sees what's really happening because the headlines, they're all screaming about price volatility.

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