dramas good to be ignored. stories others refuse to notice. faces change the world. to picture. from around the globe. welcome to the kaiser and port imax kaiser of the bee disappeared off the face of the earth men would only have four years left to live

a lot of people think albert einstein said that but of course that's not true nobody knows who said that but somebody said. it probably didn't understand that you know what if we get rid of the bee population there would be a huge payday for corporations that's the point right. saying they would have told us that back in the early one thousand nine hundred. feature disaster capitalism would come along and think this is a good idea if we have not enough oxygen too much carbon dioxide in the air well we could do geo engineering and because the earth provides all that stuff for free naturally if they the earth also provides fresh water for free if we destroy that we could sell the people desperate for water we could sell them desalination well over in the b. population there is intellectual property lead in solution to the bee colony collapse disorder tiny flying robots are being built to pollinate crops instead of real bees last year harvard university researchers led by engineering

professor robert wood introduced the first robo bees besides robots with the ability to lift off the ground and hover mid-air when tethered to a power supplies so they're about to introduce these robot be they already have them but they're going to be able to carry more weight than they can now therefore to sustain themselves to pollinate entire crop nature is a communist. a synthetic base for synthetic flowers to create some of that occlude to feed the synthetic humans there's no room for humans in this equation there's no room for humanity as i've been saying for quite some time now the machines are taking over the machines are running the algo bots that are driving the dow jones are seventeen thousand sun humans no humans are benefiting from the dow jones being at seventeen thousand only the machines of their overlords the vast majority of people out there none of which. in any meaningful percentage of stocks are benefiting from the machine's algorithmically high frequency trading only

pushing the stock prices up the machine. driving innovation in the space in the biology space in the new cyborg space. so on this very show we've had you oppose fly by many times as people have pointed out these are good the product of machine intelligence artificial intelligence there's no room for your matter anymore but that's the thing is the government knows what the problem is why we have colony collapse disorder we know that it's g.m.o. those we know it's the combination of the g.m.o. isn't all. the fertilizers out there they don't win it all. yeah the bees are communists so they have to be wiped up the bees are geologists they must be wiped out the bees are terrorists because they're have the temerity to add something to the economy without taking any financial. ration

whatsoever so let's look at what sort of how much remain a ration these real be in real nature how much work they do provide for the agricultural sector right now for farmers insect pollinators contribute twenty nine billion dollars to us for income this is a cornell university study and twenty ten and the study analyzed the economic value of honeybees and other insect pollinators for fifty eight crops including species that are directly dependent on insects for pollination such as apples aman's blueberries cherries oranges and squash and species that are indirectly dependent on insects such as alfalfa sugar beets asparagus broccoli carrots and onions so one hive of bees which is about fifty thousand bees is able to pollinate half a million plants in a day and they also did studies in the u.k. where they found that to get human beings to do the job it would double the cost of apples for example if you were to try to plate replace honeybees there but if

you're part of the on the right side of the interest rate apartheid wall every time food prices go up. the price of the subsidies goes up the bank will just give you unlimited amounts of cash zero percent interest rates. it's only if you're not if you're not on the right side of the interest and apartheid wall you're actually being forced out of existence you're being starved to death you know the walls go up and you're in you're in these open air ghettos and every country in the world does open their ghettos and then the have the final solution is to put the people in the ghettos and center a dome or bomb or you know i mean israel is leading the way aren't they i mean the palestinians are in the way so they get to incinerate them that's their final solution so what about america you've got to be population is got to get you've got to get rid of it because it's hurting our profits and our policy scheme and this we can float another bond to create mcconnell be is our bond ponzi scheme is going to implode and then how will how all lloyd blankfein or jamie diamond afford their yacht payments how will that happen and won't happen so they have to commit you

know financial genocide i think people need to have some self worth at the end of the day enough to fight for their lives but you don't see that anywhere anymore well the other thing is of course if people are desperate they're willing to do anything if people i desperately for one hundred dollars to pay medical bill and and yet jamie dimon j.p. morgan won't give them a loan for one hundred dollars they'll go to a payday lender and pay ten thousand percent or five thousand percent of the problem is that people have to go to these payday lenders they blame themselves for bob diamond jamie diamond lloyd blankfein financial terrorism they're like rape victims rape victims blame themselves they think they're the ones that are the guilty party you know what that's not true it's the rapist that's the guilty party the bankers who are committing these crimes of they're the guilty parties they're the ones the should be paying the piper for having to decimate commit be. replace it with found it will be another thing you nature use of divide and it worked well

and we lived this way for five thousand years. it was they provided gold and silver it was honest money it did a job without any remuneration you didn't have to pay gold or silver to provide the service of functioning as honest money now we've got rid of that and since the introduction of the federal reserve system in one nine hundred thirteen and since going off the gold standard globally and one thousand nine hundred thirty one and because of this we have an equally messed up system where all sorts of interventions are needed the equivalent of swarms of robel bees in the global monetary system and banking system draggy seen delivering one trillion dollars to banks in the e.c.b. offer you know draggy delivering sounds like the bees their function they deliver the pollen from plant to plant by just going there and here he is acting like the natural balance that gold and silver used to provide well he's introduced

a new stimulus tool which will hand banks more than a trillion dollars in cheap funding well i predicted this on the show last month three months ago six months ago a year ago there's a huge positive game when janet yellen says she is tapering she's not tapering because of the global connectivity of the banking system when the e.c.b. expands or asset purchases america draggy prints a trillion dollars zero that's adding to the net aggregate asset purchase them quantitative easing of all banks combined there is no tapering you can't taper policies game starts off with a trillion euros it's going to go to fifteen to twenty trillion when hank paulson said he needed seven hundred fifty billion dollars a barrel of goldman sachs in two thousand and eight i said that number is going to go surpassed fifteen trillion topped out of twenty trillion dollars and bailouts and subsidies and related contingencies same thing about drag us to less central banks or go down the path of blowing itself in the head with money printing stock market's going to go higher but most people don't own stock so they're just going to have the effect of paying more for food and energy for the essentials and when

they go to the store they say hey we're worth the food they say well the bees when it stinks. why do bees go extinct because we made money so cheap that it caused an mal investment in energy production which caused fertilizer prices to drop to levels where we dump trillions of tonnes of it grew so much food that half of the one of the garbage over the past five years now there's no food available at any price except we're going to pay you know a payday lender to buy a ham sandwich meanwhile dragging his buddies in the e.c. big whenever they need an extra million two million ten million half a trillion dollars they just printed up but it just goes to them specifically directly it doesn't go into the system as a whole doesn't create monetary stimulus doesn't create economic activity doesn't create jobs doesn't create wage growth doesn't create society as we know it or is to know it just creates a platonic procedure even by whole cost provoking money printing shysters like mario draggy who like other backers in the past have done similar things i ended up . in a not very friendly place where you talk about most of the population having to go

to a payday lender to buy a ham sandwich well the actual bankers in this economy of europe who are celebrating this trillion dollars free lunch from mario draghi here's alan mcquaid he's the chief economist at merion bank in dublin and he says this quote the take up should be large the money is cheap and banks should feel no stigma about accepting a free lunch with any luck draggy is next problem will not come until twenty eighteen when one trillion euro is needs refinancing so even more in the future i mean they saying that bankers should feel no no stigma about contributing to economic conditions that are causing wholesale poverty and unnecessary austerity measures resulting and death and destruction so he's asking these bankers to divorce themselves of having any empathy whatsoever salman's these asking these bankers to become their robo bees to go from flower to flower to suck the pollen out with their big long snouts and then deposit it in their fellow bankers stones

and to keep this system of artificial banking intelligence going ponzi scheme and omics so that none of them have to take responsibility the problem is that they all believe that they're on the firing squad and that they don't believe any single one of them has the gun that blew the head off those millions of people that they killed i say put all the bankers into a circular firing squad put all the bankers the jamie diamond the lloyd blankfein the bob diamond put them into a circular firing squad and give them all bullets and let's get rid of them all at once we've got to purge the system of this cancer of the marriott tragedies of the world well here you have a situation that mario draghi is addressing and just like in the u.s. and harvard university looking at this colony collapse disorder mario dragon the central bankers are looking at banking collapse disorder and they see this banking collapse and rather than stop the source of the. the pesticides the toxins of the derivatives going into the system rather than do that they come up with the

equivalent of these robo bees which is you know printing rapidly more and more money to paper over all of the fraud that has caused the banking collapse in disorder that's exactly right i mean but somehow the universe as a way of karmically dealing with shyster bankers whether it's nine eleven or recent health problem the suicides of these bankers end up having a crisis of conscience and dozens of them have committed suicide while mariel draggy commits suicide as a crisis of conscience now that he ever understands the whole of cost provoking perhaps we can only hope one of the things about this colony collapse disorder which they're learning is that the bees just forget life they forget what to go how did they get lost they forget where how to get back to their colony how to get back to their hive and here we have a banking collapse disorder where people are forgetting what banking is what money is gold and silver used to provide it was

a. honesty. much more difficult to defraud in a way that we now have and instead you know again we're just coming up with a solution which is much more expensive than just doing the real thing getting back to what nature and natural money is maybe an area drug needs of the animal. blood this is good for is there's a good thank you once stated for this i got a whole lot more. of. a. very hard to take. on. have you ever had sex with her make her.

a bit of a. people with autism. attention great contributions. to society and world beginning to say organizations schools and businesses and otherwise seeking out and hiring people with autism.

your friend posts a photo from a vacation you can't afford comment different from. the boss repeats the same old joke of course you like. your ex-girlfriend still pains tear jerking poetry keep count ignore it. we post only what really matters out r.t. to your facebook news feed. oh welcome back to the kaiser report imus guys are time to turn again to our second part of our interview with roger very angel investor in many bitcoin companies including the law change dot info bit a crack in and more roger welcome back thank you write what is crack and crack in

is the predominant europe euro bitcoin exchange except custer's from anywhere in the world but basically if you have pieces of paper issued by governments and you prefer bitcoins because they can't be controlled or manipulated you can send your uro's or dollars or whatever to crack in and exchange them for the call and then once you have your money in the calling you can send receive it with anyone anywhere in the world without having to ask for permission from anybody it just works how big is the v.c. market and big coin related companies the same is like us going through a big growth spurt yeah basically every v.c. on the planet is super excited interested in because and they're pouring hundreds of millions of dollars into because startups at this point crack and just raised around big pay just raised around all these companies or are just raising you know tens tens of millions of dollars per company at this point so we're going to really see big clint entering the mainstream in the next year or two here are you as an angel investor and early bitcoin adopter and man with many many big coins in various wallets around the world are you being edged out by some of the bigger money now if you know what i mean in other words if if entries and comes in from

out in california and they're bringing it with hundreds of millions of dollars and billions of dollars of portfolio roger are you able to keep up to speed with these guys so my background was actually running businesses more than actually investing in businesses so i found because one realized this is going to improve the life of everybody on the planet so i took the money i earned from my previous business and invested in a bunch of different decline businesses now i'm so glad to see these other guys coming in and taking over and doing it with their money and i'm actually just focusing on working on the with the actual businesses already invested in a lot of their they're here to be honest yeah of course i would imagine it would be . let's talk about. the price of bitcoin because there's a lot of money coming in a lot of the same money the adoption rate is spreading like wildfire there are tens of thousands of folks you mentioned big pay which tony to libya but on our show a couple of times and they're doing remarkably well the price would same like it's lagging or it's stalling or it's building a base but it would seem with all this money coming in it's a at some point it's got to resume that bull market where you think yeah i think

pretty clearly so right now there's around thirteen million because in the entire world i'm pretty sure the population of london is probably a bit more than that so that means there's not even enough big one for every single person in london to have even one because it has been used all over the world by people in every country so in order to accommodate all these people around the world wanting to use bitcoin it's going to have a much much much larger market cap and has today so each single bit coin is going to have to worth at least tens of thousands if not hundreds of thousands of dollars for one single bit coin and three and a half years ago when i got involved in because they were less than a dollar a piece if i told other people though they're going to be hundreds of dollars per the coins in maybe they would be skeptical but if you do the math and you look at how incredibly useful because it is is very clear each single bit coins going to have to be worth at least tens of thousands of dollars apiece. well let's talk about different regulatory environments different countries are now approaching us in different ways so bobby lee who had the biggest exchange in china some of the coins summit this year you know they he was very bullish on bit coin but the

chinese government is taking a kind of a i guess you could say at the moment a bit of a negative position what one of the countries to name some countries and give us their current regulatory. predisposition toward bitcoin and it is the aisle of man emerging as big coin switzerland will the olive men be the global hub for bitcoin activity it seems like they're lobbying to be that yeah if the politicians in the isle of man are smart they definitely will want that to be the case holland is on fire for because as well i live man is doing great things there's a bunch of guys running around down in panama doing things with bitcoin. i'm just all over the world but the really exciting part about bitcoin is that the end of the day it's simply a protocol and it works exactly the same in any country anywhere in the world regardless of what laws politicians pass let's talk about last year of korea you had great big babbitt going is probably the biggest negative story of the year would be the mt exchange show just to explain

a little bit mt gox like crack and these other coin florida sara in the u.k. this is where people exchange their fee out money for bitcoin really tied into the block chain as you describe it in our previous episode this is a service provided to exchange but calling for different up different currencies in the case of mt gox they had an enormous scandal and it seemed like an existential threat for bed cohen but it completely survived that you had money at mt gox correct i did can you speak a little bit about your experience and what happened and what kind of effect this will have so with bitcoin you have the ability to hold your because yourself in your own wallet or your own cell phone or your own computer in which you're controlling those bitcoins with other types of wallets you're trusting somebody else to hold your because for you just like you would trust a bank to hold your money for you with bitcoin because you don't need to trust somebody else to hold it i really recommend that everybody holds their big cohens in their own wallet which they control the private keys and use because in

exchanges like mt gox which is no longer around crack and coined base next there's a bunch of all over the world use them to simply exchange your fee for because but then take your because it's right back out into a wallet in which you control the reason mt gox was able to become such a big problem is because so many people trusted them to hold their bitcoins and they lost the bitcoin somehow we don't know exactly how but if you were holding your bequest in your own wallet you would have been affected at all in any way so the best thing that everybody can learn from this is hold your big coins in your own wallet in which you control the keys and i personally use blocks in that info for most of my because it's and it's right here in new york right here in. york in the u.k. with an office coming in london soon oh fantastic nick on to talk about it but just to follow up on the security issues another interesting thing i follow you on twitter and you had a wallet i guess or an e-mail hacked and this opened up a very frank discussion because it opened up for people who are looking for extra security to keep their pickle and safe just describe briefly what happened and how

you resolve it and your advice to people how to avoid this type of thing or one of the very very i guess a few negative things about bitcoin is it makes it a little bit easier for people to anonymously extort others over the internet because you don't necessarily know who owns what they call an address so about a month or so ago some anonymous person on the internet contacted me and demanded that i pay them around twenty thousand dollars worth the big coins or they were going to basically the identity theft destroying my life and my family's life and my mother's life and everybody else so rather than paying the ransom to this person because i have no guarantee that they wouldn't just demand more money the next day to do the exact same thing i offered the exact same rubicons as a bounty to any information that leads to the arrest of that person and hopefully at some point i'll be paying out that bounty and i fixed the bounty in terms of bitcoins at the time of the bounty was around twenty thousand dollars worth of coins at the current exchange rate i think it's closer to thirty thousand dollars with the bitcoins and someday maybe they'll be hundreds of thousands of dollars

worth of because that i'll be willing to pay for any information that leads to arrest of that person who tried to extort me in that way and i think that's the best advice for anybody at any point if you're ever extorted by somebody don't pay it because you know you have no guarantee whatsoever that they're not going to try and do the exact same thing to the next day and if you feel really inclined offer the same amount of money as a bounty leading to the rest of that person as well and i think there was another piece of advice you gave which if we can reconstruct it there about a name servers you had said they were able to find your password by drilling into an old e-mail address that gave them. access to a domain name bender i would imagine so your advice basically to be very careful about it because just review that for a second sure so i had set up a hotmail account like fifteen years ago and used that to register a domain name maybe twelve or thirteen years ago and hadn't thought of that sense and back then i don't even know if it was very common on the internet but now

there's a thing called the second factor authentication so any website that even if it's an option make sure to enable the second factor authentication where they pose as you and this old hotmail account which gave them access to your older cat and in that account also had your password and b. because i didn't enable two factor authentication on this hotmail account they were able to go to the hotmail dot com and through some things i guess publicly available on the internet like where the city i was born and my birthday and maybe some other things they were able to reset the password without my permission and then gain access to that old account that had a whole bunch email stored in there whereas if i had taken the time to enable the second factor authentication they would have been able to get in that way so any website that offers that enable that and then if you don't need a bunch of stuff in the cloud somewhere delete it or put it on some drive locally as well as i wonder outlook service actually you know a good review that and go replay the tape and examine exactly we just said because it's a good way to offer all more protection let's move on to some of the other controversies because they're always and we have about three minutes left i want to talk about

the socorro controversy and then talk about the albright defense fund silk road the government ended up with thirty thousand big point out option that seems like a validation of it going to be correct seems pretty clear if the government seizes a bunch of you know drugs or guns or illegal things they don't auction those off they go in destroy them somewhere but they seized a bunch because in this case the fact that they are in the mob seems pretty clear that the government's stance is because are legal and apparently they happen even sell them ok another huge upside for big guy let's talk about you donated one hundred sixty five thousand to the ross ross defense. on tell saw that figure came about and why who is. so about a young couple of years ago there was a website set up on the internet called the silk road that was set up not allowed people anywhere in the world to be able to buy and sell anything they wanted from from books to drugs so silk road was the name of that website it was. part of the net called tor which is a part of the internet which people can host websites and honestly and access

websites anonymously this person ross holbrook i have no idea if he is or is not the creator of that website but the u.s. government seems to think that he is. from my perspective in my view of the world each individual human being owns their own body and they have the absolute right to put whatever they want in their own body and if a bunch of politicians get together in a room and write down words on a piece of paper saying you're not allowed to put something in your body i don't care they've never met me i've never met them i don't think they have any right to say what i do or don't put into my own body and this is a defense fund for us so essentially this is this is to pay for ross's lawyer because the u.s. government's really trying to overreach on this case on a number of things so i understand some people do think drugs should be illegal but ross isn't even accused of actually selling any drugs he simply accused of setting up a website that allowed other people to sell drugs but if you think about that what are what are cell phone companies doing what are internet service providers doing what is anybody that's providing any sort of service if somebody happens to use that service or something illegal should the provider of that overall service be

held responsible for that it seems like a really dangerous slippery slope for the u.s. government to be trying to say that sort of thing. ok we say we live in a world where. you've got folks like edward snowden and wiki leaks is there a potential for the blotch aim to be kind of turbo charged with the leaks type service which where people are actually paying through big calling for leaks or sponsoring leaks and that would give a lot of transparency i see you smiling do you have an opinion on this is i mean you're a i guess a libertarian does this fit that you. such an is that where we're going is that a good thing. well if you're a fan of the whole political process and believe that you know people need to vote for what's going on you need to be informed of what's going on and have knowledge about what you're voting on if the government is taking a bunch of money from people the forms of taxes and then spending it all sorts of things secretly that we have no idea about how can we possibly be thought to have

informed consent when we place votes for different things so the answer is yes so the short answer is yes and there's already really smart people working on these systems to make those things possible to actually provide economic incentives for people to leak secret things about what governments are up to and i think that's a good thing but fantastic i think the second later thanks so much we got to cut it off a while be on again when you're your world when global roger vero event jellicoe bitcoin tour next time you're lining up to come back on thanks so much. all right and i'm going to do it for this edition of the kaiser report with me max kaiser and stacey lambert i'd like to thank our guests but quite investor roger affair if you like to eat at the kaiser report and bio.

this is about making the business survive. corporations. parishioners told. parishioners have no feeling. for parishioners to care about you or me corporations quicker. people come to untouched for instance and leave. the state come on. we're not going to quit we will not stop until it is done what is. more precious music more moving. people with autism. great contributions. to society it will be getting to say organizational schools and businesses otherwise

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sold picture of today's. politicians from around the globe. dropped. to fifty. crusader america hits russian energy giant. over the civil war in ukraine but europe holds back if it wants to follow suit. warns washington that the penalties will backfire as he wraps up a tour of latin america with a pile of lucrative contracts in his pocket and. also. an israeli strike on a gaza beach skills for palestinian children as they played football a short humanitarian cease fire has now been agreed upon.