tv [untitled] May 30, 2021 9:00am-9:30am +03
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all the past the defends who make football want me . ready hello them, norah carlindo, how these, the top stories on the al jazeera, tens of thousands of people have run across brazil to condemn the government's handling of the current of virus pandemic. that demanding the impeachment of that president who's facing a senate investigation. when again, a key of reports from a edition aero speaking to the center of rio de janeiro by foot. and ethan, i'm piggyback to protest against president jadem ball. so natalie and his response to the co good. 19 pandemic protesters blame the president for downplaying. the
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virus with 1000 still dying every day and for taking too long to start the knock elation campaign. there were posters comparing both for mattel to adel hitler and accusing him of genocide. guiding them when ya. ya position has been avoiding the street in a country with the world's 2nd largest cobra. 1900 death toll can do so no longer, i think, just fabulous. we should all be at home keeping our self say, well, that we've reached the point where we can no longer remain silent. we have to show the world that we are against both. so narrow denial wisdom. if we continue to keep quiet, he's holding rowdies all over brazil seem like brazilians are complicit with his attitude and we are not. the last we both are not a lead, a motor bike rally in rio de janeiro, gathering proud and scorning. man, he's done the campaign trail and planning more of the same. his opponents say they
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felt compelled to respond that the organizers is saturdays. nationwide. protests insisted people wear their math while making their demands. although it wasn't just about the pandemic, one man came out against both scenario and in favor of a free palestine, or anything like cation for better tell you. they're also asked mining too often and this is what they want in common trends that i've had to launch in. there were protests also in the capital brazilian and in hundreds of other brazilian city impeachment. they're demanding them likely for now. but the opposition is trying for united front again, mattel,
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to be ready for next year's presidential election. monica give, i'll just 0 re diginero, hageman city and vietnam is imposing 2 weeks of kind of iris restrictions on to the discovery of a new variant. countries health minister said the strain as a hybrid, the mutations 1st identified in india and the u. k. and spreads quickly in the non successfully contained infection for most of last year, but is now struggling to cope with outbreaks in more than half the country. west african needed a scrambling to respond to the political crisis. and molly, from the colonel behind a military coup last week was named the new interim president. and see me going to says he'll attend emergency talks of west african need is on sunday. lisa has promised to hold elections next year and he has released an iranian flag, tanker seeds in january, a suspicion of an eagerly transferring oil. the empty horse and its crew have now been escorted out of indonesian waters. a panamanian tanka seeds at the same time
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was also released on friday. the captains of both vessels was sentenced to a given prison for causing environmental damage. a trade in prime minister scott morrison has arrived in new zealand for his 1st overseas trips. since the pandemic began, he's missing his trans husband counterpart just into a done. the last time they met was in february, last year. in a long time, allies are expected to discuss significant points of difference, including their approach to relations with china and history as immigration policies for new zealand of new trauma, as in eastern democratic republic of congo, a feeling fears of think 2nd volcanic eruption, tens of thousands of people have left the city of goma. dozens were killed when africa's most active volcano near gong erupt. it last week. those are your headlines. i'll be back with another news update for you here on out 0 of the crypto pier. i
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think 70 years ago i made a film about the history of money banking and bitcoin. what was going on? buck 11. we said it's going to be a bumpy ride. and now some of the big brains and speak egos who championed crypto currency claim they are building a crypto utopia. magic i think that will happen is something called block chain technology. and it just might change your life and they really could compete with, if not even take down the facebook and google's and the amazon. my name is tossed and hoffman and i'm going to put some of these claims to the test. forget all the hype will explore the true potential of this new invention. see who is already using it, making it really easy for people to pay for the fall, or are we and go deep into
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a secret bunker that holds billions in bitcoin. but they are those who want to kill it, join with me and introducing a bill to outlaw crypto currency, so that we nip this in the bud or change the world with it. welcome to ground 0 in the battle for the future of the internet. wet 3 point all they wanted a science fiction dream. what actually did was build forthcoming disaster. a lot of people were not willing to learn and were not willing to admit they were telling me that i have no clue that just don't support free speech. you don't support big calling your enemy a bit point. this is bigger than the internet, c, r, and age, the renaissance, the industrial revolution. this affects the entire world. ok,
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let's start slowly with the basics of money and it's creation. the total value of all the world's money is about $120.00 trillion dollars, which you probably didn't know is it each new dollar is created by governments and banks as debt, which needs to be paid back by someone in the future with interest. that's why there isn't enough money in the world to repay all that debt, and there never will be. oh, and almost all of the world's money is already digital. just entries in a ledger, usually managed by a bank. only a small portion exists as physical currency, like cash or coins. think of it this way. your employer deposits a $1000.00 into your bank account. then you pay $200.00 in taxes, $500.00 for rent, $200.00 for bills and shopping and so forth. what are used? credit cards, debit cards, paypal or bank transfers. they're all just pluses and minuses, indifferent,
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digital ledgers. that's why there's almost no need for physical money in our daily lives. during the financial crisis in 2008, a mysterious figure called photoshoot, a modal published this 9 page white paper. it said with big current open source software. we can create or money without banks or governments. i this new nerd money called crypto currency is created and thought in computers. and before long there was a growing fan club, mostly guys like roger via today. he's a polarizing figure, but back then he gave away thousands of coins to kickstart the movement, and they all called him bitcoin jesus. i think that for many years he brought more people to be going than anyone ends and we will for re grateful to him for doing that. when i was a kid, i was reading all these science fiction books. they were talking about how the world is going to be when we have this miss digital cache that people can use on
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the internet, it's not control by anybody. and then when bitcoin came along, it was like, wow, the science fiction money that i've been reading about as a kid is finally here. so i got so excited about it. i heard about it about 10 in the morning. and i was trying to go to work that day, but i didn't, i stayed home the entire day. reading about it didn't leave. i stayed up all night that night reading about a date up all night the next night or even deep down that rabbit holding on to the point of physical exhaustion. not as i called a friend of mine that please help me. i'm so sick and you bring me to the hospital . yeah, roger that bid bad by the big coin bug like so many others who follow truly. one of the most exciting inventions ever in the entire history of human kind. but how does it work? when my friends ask me to explain, well, i often start with this analogy, emission, a bank vault where you have a safety deposit box. your key opened the boxes, where you can securely store physical valuables, like gold coins. in bitcoin,
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their digital think of them is very long passwords. your private key gives you access to a wallet, which unlocks billions of unique decline addresses. each one is a virtual safety deposit box that only you can open with your key. and there are more addresses in this virtual vault than adams in the universe. the doors to these boxes are transparent. you can see inside them. here's one with digital money point to one point, sending them from one box to another is what's called a bid quote. transaction, we'll explain that later. but for now, just remember that these digital coins can only exist inside these transparent address. boxes can't be copied and can't ever leave the vault. and this vault is owned by no single entity. you don't need permission from a government, a bank, or a corporation to use it the
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i me for most early adopters of the coin, it was all about global peer to peer electronic cash room. 77 in berlin was one of the very 1st businesses to accept bit coins as payment for physical things. b as in burgess, back in 2011. there were no mobile wallets, right. so you had to go there, bring your laptop type in this long address. you do risk losing the money if you didn't type it correctly. so the 1st guy who building mobile with some guy who built it in order to buy his beer with his phone instead of his computer. my problem with banks is different. why can't they sent money overnight on a weekend? after all, it's updating digital edges, right? just moving data, we can send pictures or videos to any one on the planet almost instantly and for free. we live in the h of the internet, but the bank seemed to be stuck in the past century. so what if those slow,
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inexpensive middleman with a multiple ledges could be replaced by a giant database, synchronized over the internet? that's the big idea behind bitcoin. and it's run by a decentralized global network of powerful computers and regular laptops. this immutability is the 1st rule of big coin. it means no one can ever change what was once recorded in the block chain, or spend the same coin twice. that's also called censorship resistance and it's critical to bitcoin being used as real money award winning journalist laura, she tells me a story about women bloggers in a fantasy on being paid in bitcoin and that one of the women that hadn't abusive husband and saved up her big coins and eventually was able to divorce him because she was able to control her money when she earned the big coins. in my 1st film, the early adopters said that this kind of financial freedom for every one was just around the corner. the world's most populous network is adopted. bitcoin. that's
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the internet. the world's largest economy is adopting bitcoin. that's the internet . we have transcended borders. it's totally file is what cache david gerard doesn't buy all the height. he's one of the most outspoken critics and skeptics of block chain technology. it's not very good as a payment system. there's a small claimant use case. if you want to trading things, the government doesn't want to trade in that's david's polite way of saying illegal stuff. in 2011, most of my partner colleagues were saying 3 things. without the drugs pornography on the silk road was a black market on the dark weapon where buyers and sellers use bitcoin to fly under the radar of the authorities. it had 1000000 uses until the f b. i showed up and shut it down. they caught this guy for running it and confiscated the coins held in escrow by snatching his computer and then they locked
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him away for life. no doubt crypto currencies can be a tool for criminal activity, but so on dollar bills or the banking system. and let's not forget, the block chain is a public ledger. it's actually been quite useful for uncovering crimes, a former federal prosecutor named catherine hon. she was the one who discovered that there were a couple of federal agents that were pilfering sim, bitcoin, that the government had obtained from the cell grow case for their own gain. and what was interesting was she got a tip that there might be $11.00 agent that was doing this. but from looking at the movements on the launching itself, she realized that there were 2 people. the prosecutor could see those big coins being moved. and when the dirty coff try to sell them $4.00 very got busted. while they saw the technology provides anonymity, it actually enabled uncovering their crime. but what makes bitcoin booth stealing?
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why do they have value at all? let's go back to where big queens are stored in transparent digital deposit boxes protected by strong cryptography. they can never be copied or leave the vault because any transaction at any bitcoin down to a 100 millions fraction is recorded in the block chain for eternity. this synchronized global letter is shared among thousands of computers worldwide. that's why it can't be compromised or altered. think about that. we can make an infinite number of perfect digital copies of the movie, a song, any file. but for the 1st time in history, this distributed record keeping allows us to have a truly unique and fungible digital object that is also scarce. if you could count all of these virtual coins, you find about 18000000 of them today. ah,
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when the cap of 21000000 is reached, the protocol stops the network from creating any more. it's the opposite of our traditional money supply, which keeps growing and growing an unlimited amount of dollars versus a very limited supply of big coins. you do the math. if you use euros or dollars, you might not care about a little inflation per year. but if you currently isn't stable, you might be a trillion and paper and be dead brooks hey, robbie. bye bye. when you're in the same part of ours. and now my parents are she branches there? and i remember growing up in my childhood. so my parents loose everything 3 times. first because of huge evaluation then because of hyperinflation. and the last time because they government confiscated all of bunk, their bosses, i think that to they, they are, are billions of people at least 4000000000 people who would be
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a lot better off by having access to a form of money that is non political and more than mccracken, we think of finance, we think of banking, we think of money in terms of the experience and perspective of western european or developed nation person. and that is really just a 1000000000 and a half people who have a very privileged financial life. what about the other 6000000000? every single country that is free has essentially a legal status for crypto currency that is very open and permitted. and every single country that is unfree has restrictive for band crypto currency status. this is the berlin wall, fell a powerful symbol of a government trying to control it citizens. and that brings us to the big question, can governmental bangs, ban bitcoin? well, some politicians still think they can stop open source software. i look for colleagues
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to join with me and introducing a bill to outlaw crypto currency purchases by americans, so that we nip this in the bud in part because not an awful lot of our international power comes from the fact that the dollars, the standard unit of international finance and transactions clearing through the new york fed is critical for major oil and other transactions. and it is the announced purpose of the supporters of crypto currency. to take that power away from us. for full currency represents a litmus test for governance. it reveals how much your government believes in in the fundamental freedoms and human rights. because if they don't trust their own citizens to have control over their own money. that says a lot about the governments is very little about crypto cards. you see the reason
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why some governments and most banks are threatened by this technology is simple. your private key and your wallet can replace your bank account. the network is run by software, and it's currencies made and maintained by computing power and electricity. it can't be manipulated by central bankers, wall street lobbyists or politicians, but with new freedom comes new responsibility. so, if you can help with keys, it's your point. if you don't control the keys, it's not your bitcoin, your keys drop big point, not your. not your big point, your keys, your big, quite natural keys, not care of a point. got that. if you lose your key, you will never be able to access your coins again. and if someone hacks your computer or you store those passwords, your coins will be stolen in a 2nd. and remember how, whence is a family had them money stolen by the own government? well, maybe that's why he built the fort knox of bitcoin security. example. most of our
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7000000 customers are in emerging market in countries where there's problems with a currency, we have explosions, inactivity like venezuela right now. we're derek and we develop the system of wallets where we have 5 private keys for each one of our big addresses. we keep those private geese in offline, sarah that has never been on line will not be on line inside the vault, the voltage inside a bunker, usually deep underground. our main one is in switzerland in the commission, military bunker. i just had to see it for myself. even though it took a month for to get cleared for a tour, we were met by christopher. osh might a former military commander who runs the place. and the representative from sample kristof said the gods would rather shoot us than show us around. i hope he was
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kidding. they need to bring in the material. so the other side of the personal look . first up, one more check of our id, a pet down for weapons or any other monkey business and give inspection. even the boss was searched. it took me nearly an hour to get my teams for security, but it was worth it. no other film crew has been allowed access. we are the largest custodian of going in the world because a lot of the largest holders in the world use us or security rumor has it that 10 percent of all that kind of thought here. and in there for other secret locations. unfortunately, i can't confirm any of those numbers from the mountain that we are getting a lot of benefits by the way to prove flooding, prove. but on the other side, you're facing a lot of additional costs,
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like maintaining 7 independent backup power supplies the labyrinth of tunnels deep into the mountain is interrupted by nuclear, great dos. it's a level security apply to all of the data crystals protects here. not just for example, we cannot talk too much about it because it's pretty the secret to what is down there. and i'll be allowed to film that now the doorstep remained shut and security measures we weren't allowed to see. and some of those checks may be biometric, including the i fingers, brain scan and the fingerprint scanner. also make sure that you are alive. but you the cut someone finger and you're just using it to open a gate. so you might have a direct
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these on samples or actual service. but if you've ever wondered what crypto currency thieves dream about, it's sitting somewhere down here unplugged from the internet. but there is absolutely no way here our way to attack the they always use on the cold storage side. but here's my question. why do i need the cold, the offline service to be inside them out and kind of be in my basement while the surveys and it still can be sold, right? so this isn't like money is data. yeah. it's been invite, but it is money. a lot of money, and this is why this is more a bank than, than a day. but let's do a quick recap. we now have billions of dollars worth of data secured and digital banks deep inside secret military bankers. if you don't think bitcoin is already changing the world's concept of money, you haven't been paying attention. remember,
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mervin, he used to be a senior executive, deutsche bank. his colleagues, one said bitcoin was for lawbreakers and troublemakers. he now runs a crooked to fund, out of walter our research shows that the crypto markets are gonna probably be worth about $8.00 trillion in 2027, which is a 50 x, something exactly. most financial analysts say you better stick to your chance and bonds and dollars bitcoin is dangerous nonsense. far too risky as invest to others . bitcoin is an escape hatch that will take them away from risk and insurance against a financial doomsday away out of the debt crisis. negative interest rate, trade was an economic downturn. they say it's an anti fragile asset uncorrelated to financial markets. so how about the general public in america, the younger generation already starts to trust this new asset class. and when
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success, bitcoin may reach a $1000000.00 per coin, i would say the biggest financial mistake you can make right now is to own an amount of bit going that you cannot afford to lose because it's super risk and you may lose. the 2nd biggest financial means that you can make is not to own any, because you bought one percent of your net worth in bid going. most people can afford to lose one percent of the net worth. and if i am right, it's going to be more than a 100 percent of your net worth. so with a non material exposure, you change your life. now would you would spend with your on romantic weekend with your wife? say, sorry, we're not going to go out this weekend. i'm going to buy a bait going consider it's spend disappear check in 7 years. i either gave you about a life and cost your weekend or i want a grandkids call once he does what do you failed to mention is that the currency, the micro transaction, all of that is relevant, right?
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meaning, all of the cryptograms is our way to wallet that for anyone to take them seriously . hold on. let's go back to where we started. bitcoin was created peer to peer lic, 20 cash. that was the can a payment directly from you to me from me to the coffee shop. i have bought a bag of coffee for 2 bitcoin in 2012, which today cost me $12000.00 and today's money. that is a deflationary of fact, as long as the coin keeps doing, southern increases in prices. that's going to stop retail use in its tracks. with bitcoin, you can see $1.00 or $1000000.00 worth of value anywhere in the world. you can do it for free. one philosophy could be described as coin official goals. and the other philosophy could be discarded. the queen as digital cash point order book, and we've already met the digital gold cam,
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who opposes any changes to the protocol despite the high fees. roger represents the other side of the debate. they wanted a system upgrade a solution as easy, and just increase the size of the blocks from $1.00 to 248 megabytes. so that more transaction fit into them. this will lower the fees, and people will start using bitcoin as cash again. but most of the community disagreed. so bitcoin, jesus had become big coin, judith, and there was a split into 2 separate bit coins. every revolution is followed by the counter revolution, which is usually a purge of the original revolutionaries. when i 1st started covering the space, every one was united in the struggle against the establishment. now, the industry has grown so much that they are competing parties, propaganda machines, conspiracy theories looks a lot like politics. the biggest fight within the bitcoin ecosystem is over at the moment, is who has the right, the name bitcoin. but at the end of the day, i think the version of bit calling described in the big one white paper has the
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strongest, claimed the name that coin than anything else. and that's big point. cash i think is to say that and causing people to, to buy big on cash when they actually want to buy bitcoin. they're just going to be casting is from issue shalicia and i'm been told the army d for the english, rosie doc, the call from bitcoin b cash because tom impression he had for them his sierra energy nuclear. those of you faced have been coins, could call them coming up the chain explained and predicting the future of the internet for the incarcerated in russia's toughest prison, stripped off their liberty, an unexpected creative opportunity singing contest like
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no other offers the chance of redemption and hope for the future prison lies inside and out a tailor fingers and murders on alger. they're just there. a word goes to algeria and tune is here to meet some of the world's most passionate football fan. i sold my to go to boat to the stadium. lloyd supported all football, hooligan, wearing stream fandom can have life changing consequences. i don't remember how i only felt the flame burning deadly gay algerian and dizzy and firm on al jazeera vaccines, a promising pulse out of the panoramic. but the implementing the greatest inoculation in history is testing the global community around the world. already a clear gap has emerged between rich nations and poor ones when it comes to vaccinating their populations from the geo politics to the pure economics. the
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misinformation, the latest developments. what's going on here is very different. first off, the vaccine comes in the form of a naval freight, special coverage of the colona virus pandemic. on a jessina. ah, ah. and again, i'm nora carlindo harvey's the top stories on al jazeera new tremors, an eastern democratic republic of congo, a fueling phase of a 2nd. volcanic eruption. tens of thousands of people have left the city of goma. dozens were killed in africa. the most active volcano narrow congo ruptured last week, tens of thousands.
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