you got a lot of sneering and negative press for your engagements here in russia especially for the public appearances with bush and even though they weren't explicitly political you were just supporting sports. certain people's regime has become very adept at is controlling the media for example right here c.n.n. do i think c.n.n. is you know completely telling it like it is no i think you have an agenda i think through is is bought and paid for. your friend post a photo from a vacation you can't afford. the difference. the boss repeats the same old joke of course you like. your ex-girlfriend still pens tear

jerking poetry keep. norrish. post only what really matters. to your facebook you st. welcome to the kaiser report imax kaiser you know victor hugo once wrote there is one thing stronger than all the armies in the world and that is an idea whose time has come. stacey max the time has come to stop caring about whether the markets are hitting all time new highs or whether they're hitting all time new lows on various tumbling markets or what the political and you know banking elite even think because an idea has come and that is the headline

reads bitcoin to earth don't look now but your paradigm is shifting historians may look back on these current days with fascination we may be living through the beginning of one of the biggest paradigm shifts in modern human history the way the world actually thinks about money and stored value might be changing in a tidal wave of recognition and this is now the article points out that there is a paradigm shift the way we model the world to look at the world and see reality is shifting well it's the end of relativity you know there is relativity in the way people get their information there is relativity in the way people value their money there is relativity in the way people relate to each other but with the blog same technology which is math based which is completely objective stored transparent and eternal these relative differences are big point away so to speak

and we're entering a new paradigm or a new era of absolute truth of absolute beauty absolute aesthetic recognition of the absolute nature of our absolute beings in terms of our connection to those forces that drive the cosmos. the current show in t.v. cosmos which is you know an updated version of the old show of cosmos that article here that we're talking about in between magazine about the paradigm shift they were quote thomas kuhn the author of the structure of scientific revolutions and he says all the significant breakthroughs were break with old way of thinking now of course. it also takes me to this headline from a newspaper here in the u.k. last week enough is enough now these are bankers this is the head of h.s.b.c. saying enough is enough with more regulations on us more punishments of us more

fines of bankers but what magazine is saying is this is the not is enough with you you we don't want them anymore i couldn't agree with you more the this idea that the ages b.c. chairman suggesting that banker bashing is finished and that enough is enough is absurd you know the banks i'm never one step forward have said we will start complying with the law a just b.c. lloyds barclays royal bank of scotland they haven't made some kind of allegiance to start a bank of the law they have made a commitment to pay minimal fines as a small percentage of the money that they are told from the public domain but that's not enough beyond that max it's like they can pay a trillion they can pay one hundred trillion for all we care we have broken with them we don't care about them anywhere no the world has moved on beyond them they could they could be right there all those people back there if the tower of london lined up they could we could be had them nobody cares about them anymore because

it's over it's done they're gone there could put nobody trusts them forever well now you brought up you know let me bring brett my cosmos comparison ok i saw this t.v. show with that fella doing the cosmos the grasse tyson they need to talk about evolution and the brown bears versus the polar bears or the white bears so the snows came down and the brown bears were eaten and the. bears were left because they lived to survive another day this is the same thing in this new paradigm the brown bear is like the chairman of a just b. c. it is going to be different mediated evolved out of existence the way spare bitcoin is the future so they point again to this thomas kuhn's the structure of scientific revolutions and he talks about five basic structures to the structure and number four and five are the most relevant to today number four is crisis and you see that in the last five six seven years we've had financial crises all sorts of crises across the entire banking and financial and economic sectors and fiscal sectors and

then five comes the revolution so we're at the revolution the revolution has happened you know they can say enough is enough we don't want any more punishment but it's too late now because we have broken with that way of thinking we have broken with them and here you can see in this headline one of the biggest sectors of the financial markets this is a four x. market the foreign exchange market five trillion dollars per day is treated on foreign exchange markets here is the headline peer to peer f. x. catches on the foreign exchange benchmark scandal looks set to be a boon for burgeoning peer to peer currency exchange platforms as they capitalize on the demand for transparent and innovative solutions so they don't remember four pm for x. market fix well people are so pissed off with that they don't know they know that if you're not one of the big boys reading it you might as well not participate in it so even the four x. mark is now turning to peer to peer right love it what is money if you get rid of the parasites that becomes

a medium of exchange and become the fertilizer for economic growth but the barnacles of the parasitical relationship of having guys like the chairman of h.s.b.c. along their way into the political socio economic system and drag you know the boat so that it can sail toward economic prosperity is becoming quite profound and noxious so the barnacle scrapers. that is the same bit coy can get rid of this clown over there h.s.b.c.'s says enough is enough i'm tired i stay up sometimes to six o'clock and i try to fill out all the regulations that were imposed because i keep breaking the law you know star i want to be in the law there you go home and play with your kids and you know watch the old jimmy savile shows or whatever it is you do in your off time and leave us alone your fricken parasite it doesn't matter we stop talking about them it's all over they were they're gone they are as good as rope spirit dead but roberto ok now you talk and you say revolution i mean point something out about revolution you see in around the world today poor people are

being victimized by the scrubbed out of existence you know the fantastic thing about eight hundred eighty nine was a really rare time in history when thirty thousand aristocrats were killed by those who saw an opportunity to rid the world of the banking parasites three thousand decapitations by getting in the pascola court in paris alone yes that isn't a static beauty as maximally robespierre himself said virtue is terrorism terrorism is virtue referring to these beggars getting to capitated not to capitalize but decapitated implies to concord oh you don't know froze well again those are parasites they're middlemen between the human and the consumption of the nutrients so here we are getting rid of them they talk about how this peer to peer forex market happens p.t.p. foreign exchange works by matching buyers and sellers of currencies on a shared platform a model that promotes by side liquidity over traditional market makers can talk says once that's platform that offers mid market rates for spot and forwards and

where the twenty five currencies and transparent fees that are published on its website they range from point zero nine percent two point two nine percent depending on the transaction volumes compared with approximately point five percent to two and a half percent or more a traditional bank credit i mean we know from anecdotally that companies like visa for example when they need to go to a quarterly or. things they increase the spread of the forex trades throughout their traveling in a foreign country to go use your visa card to get some cash in that country if needs a few extra bucks like what are they simply wide in the spread between the bid and offer between whatever currency you you want to get the one that your domestic currency are based on and so this manipulation of the spread the market making ability is completely different to mediate in the way that you're just describing all four x. to be peer to peer you're in the middle man there's no read there's no cost so suddenly get rid of a whole parasite class you get rid of millions of parasites in the bloomberg terminals michael bloomberg is one of the biggest parasites ever in the history of

the world and he has one hundred thousand of his bloomberg terminals which are those his virus spreading its tentacles into every nook and cranny of the global economy spreading the means and virus of his parasitical behavior and all these little stock jockeys and monkeys on their computers all day figuring out ways to steal more money every single day in the worst of course being warren buffett now the other new model in this revolutionary times the old world is over they can complain all they want on bloomberg news on c.n.n. b c they could go on the b.b.c. they can go on channel four i.t.v. go complain about how they're reforming and tell everybody that's enough we're all fixed finished reforming well the world has moved on beyond them they're they're over it the old paradigm is over the old media paradigm is over wiki leaks reveals australian gagging order over political bribery allegations super injunction reported to have been issued on one thousand to june to block reporting of claims involving international politicians so a sweeping super gag order against all of starlin's from speaking about this week

the leaks document and what it shows is that apparently according to julie assad said the gagging order relates to a case that quote concerns the subsidiaries of the australian central bank but australian criminal courts have ruled that this would be it's a national security issue they can't issue all we know is that it's corruption related to the australian central bank according to julian. a song and this article in the guardian has been saying on this show for years the central banks are the the base of the global parasite class and corruption you don't hear about the australian but central bank that often is usually the federal reserve bank or bank of england bank of tokyo but here they're involved with a sweeping gag order for the entire country of australia to protect criminal activity racketeering and legend we don't know we don't know what it is as julian assange suggest that it is that we don't know because there's a super injunction there's a gag order you don't ever need to gag the block chain the blotching is there it's

an open public ledger for all we all know what it says we don't need any court to say oh you can't tell anybody what's on the block gene you're turning me on right now i gotta say i've never felt this excited on this show ever i mean i am ready to join whatever it is you're cooking up over there this is sounds exciting we're do we begin or we go over to australia. as for the revolution began to sail in with kim dotcom maybe it relates apparently to several countries across the whole region across southeast asia and i saw that some political heads of countries like malaysia why are demanding the release of this gag order so that they can find out who was being bribed it appears to be about bribery it appears to be about some sort of criminal conduct like that we don't know it could be for all we you know we could only use our imagination at this point it could be some of this enough is enough money laundering who knows we don't know dark pools dark exchanges gagging country for central bank activity that you went up with a parallel economy in

a parallel financial system where trillions of dollars at the fraud are trafficked every single day to perpetrate this horrible wealth that i come. scandal which is encouraging people to revisit the reign of terror of eighteen eighty nine eight hundred ninety nine hundred ninety one two and three the court in australia ruled that they were forbidding the publication of this information in order to prevent damage to australia's international relations that may be caused by the publication of material that may damage the reputations of specified individuals who are not the subject of charges in these proceedings so again you don't need to impose a gag order any super injunction against the block chain people are sick of these elite and their super injunctions and their gag orders and hiding all the crimes whether it's paedophilia or money laundering forget it we've moved on you can continue committing your crimes in your own little space so i think stacey thank you matt well for the second half whole lot more.

right. first right. and i think. an army for a splinter. and instrument. to be in the know. on mom. over. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy albus. in

fact the single biggest threat facing our nation today is the corporate takeover of our government and our crafts to mco we've been hijacked like handful of transnational corporations that will profit by destroying what our founding fathers once built up my job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trucks rational debate and a real discussion critical issues facing or not to find a job ready to join the movement then walk a little bit of. drama as the chance to be ignored two. stories others refuse to notice. the faces change the world writes never.

filled picture of today's leaves. home to from around the globe. look to the t b. welcome back to the kaiser report imax keyser time out of turn to nick lambert and david ervine from made safe an acronym for massive array of internet discs secure access for everyone all right david thank welcome the kaiser report thanks very much max first of all set the stage going back a few years i take it you guys are bitten by the bitcoin bug and the whole bitcoin phenomenon and made safe is like another interation of this whole crypto currency phenomenon correct tell us about it well be it safe is i actually. started in two

thousand and six of three years before. and really behaving i mean safe is that. no so much code in c. is information information is the most important volleyball resource that we have in my opinion anyway so i was a bit concerned the we were against an intimate we're for me to speak to you it was going to have to go through google or facebook or yahoo or whatever and for me should be wouldn't buy other businesses and looking forward to the future doesn't seem to be any future wouldn't school if he's going to logon to google to send a message to the clones for instance so we know when the future of the information is known by businesses and that's why he needs to stop the. interesting stuff before there was big call and there was this idea from a say yeah and now however made safe it's become quite big because you've done an offering you've raised a bunch of money around it we'll get to that a second but just to kind of dig into what it is again you're saying that

information is not safe using protocols like google and other places because it goes to their servers and their servers are being monitored by foreign intelligence agencies as we now know in the edward snowden revelations i take it the edward snowden revelations really gave you guys a shot in the are right they did they just proved what we thought was to be the case and literally if you think about it if you're just now if you try to remember the top five hundred numbers before you would remember them because you're forty remembers from forty those who tried lieschen if you're trying to remember how to go from dollars to pay sales is the farm here for ever googled remember for you so just know we're going through a stage where most of her thought so short quick thinking as a new computer we're outsourcing our thinking to the computer computer so if that computer of information is owned by a corporation that's just going to maine and sell it by two years. of eighty purely from society to form suddenly now when you talk about information as

a currency you're saying this kind of predates bitcoin a lot of ways org. does and in fact when we when we know about what we know about because it is that is two things it's a way to transfer value around the internet and it's also a store of value and the bitcoin itself now with made safe is it also a way to move value around the internet and is it also a store of value is it comparable that way as very very comparable you could look at me and see if the partner made safe which is a facilitation for the way the network works so if you're a farmer who meets its network of computers or and is providing resources the network does look a bit coy manere so as great someone there's no blow chain told it's completely distributed so you can imagine that oil and protocols are a public ledger they're very good for public later we need a public ledger my opinion as government and corporations should be on

a public ledger people should so this is. the currency of the meat if it works safe going as late cash if i p u n c of putting nobody knows so there's no policy pleasure it's a fully distributed network really that it's a fairly distributed a thought on this network so this is the forced over. and the way that it works really everybody's computer joined together to form this great big cyber plain if you like you to say to get it up in you to say you don't tell was you don't tell anyone and you store your data and you can start making safe going's you can buy things on it but the important thing is you can access all the world's information does it using corruption several levels of encryption the only job or a nickel for a second so we can tell you're the chief operating officer of a server so just to pick up on this thread so use encryption so when you describe here it sounds like p.d.p. file swapping where people are using your hard drive to swap music files back and

forth but what you're saying is it's distributed network that's fully encrypted and it mimics in many ways that you can use it to exchange value as well as a store of value is are we getting closer to the core effectively a global decentralized data and communications network so that's all form of communications e-mail voice over ip so what we're trying to do max is effectively replace the internet and decentralized internet so the comparison to court i think is a good one is in the same way the koreans trying to replace financial institutions and intermediaries in financial transactions. also trying to do the same with data so we are moving data centers from. data communications and potentially large technology companies and so the individual users become this network so we are doing for data what bitcoins doing for trade is a phrase that we've got here look you guys up in scotland train scotland and any

particular reason why you are intrinsic oland or you just happen to meet up there and that's just the way we're going for the longest teens mostly understand yeah very very good up there i think so that's kind of the whole company spread out speaking of the company being powered by a lot of us teens and also by some cash because. this is where it kind of the rubber hits the road you did raise some money recently again this is an interesting phenomenon in the crypto space where these crypt currencies are raising money by selling crypto currency you raised how much was seven million dollars the type of investment is that the eight million dollars eight million dollars three in three days over to cripple currencies ok so this is i think is fascinating for folks that this was an offering in the crypto world that raised seventy eight million dollars and it happened quite quickly i think in a day or two this all happened very fast so walk us through you're the c.e.o.

nec walk us through what that meant exactly how did that work what the average person on the web what what what the experience there so what we're selling is we're selling basically access to construe the networks that we have pre-selling access to can so that people can buy those and then use those for services on the network when it launches we call tokens are not coins. i think i think for me anyway the pretty much one in the same thing as a network who commits a network because there's a controversy about calling bitcoins coins because it flags the regulators and a lot of people are saying for example the founders of skype who went to battle with the phone companies they decided not to call their end to end user communication systems if the same worms that the phone company uses and kindness not get in under the their regulators noses in the big point spacer seems to be this idea that you know maybe if we just just call them tokens you know we wouldn't have these regulators all over it because it's

a token but that was that part of the thinking or it just happened to come in here on the i mean we've i mean the currency itself is cold. and they don't be called save quarter of the network has loads that we've specifically shied away from i think from what i've seen the regulation part is maybe more the u.s. side of things seems to be more concerned about regulation than than anything i've seen from the u.k. government so maybe that's a us issue so the folks that they are involved these tokens and they give them what is that gives them access to the network yes applications are being built as we speak and so they may be able to use these koreans to access services in the networks let's say someone launches a voice over ip. they might use one c.f. card for ten minutes of chat so they can start to use these chords for services in the network and so what how many users are now involved in this that work is hard to see big will with the networks i say not live yet so there's currently zero

users but we've got a fairly large community building up we have probably over seven hundred people sign up to a developer mailing list we have approximately two thousand people participated in the crowed sale so. there seems to be a real market for our product as opposed to those pushing on to the market so so the new users yeah but they're selling seems very. amount for the general population obviously these concepts are pretty difficult to get through to the general population and that. is the message it's something that you can actually bring forward to people and they are understanding what it is you're talking about and how do you break through that because because it took several years to kind of reaches any kind of mass or critical mass at all what you're talking about is another is a variation on something that already people find it difficult to understand how do you get the message out in particular how does it how do you get that message communicated to people in terms of this is going to give them more sovereignty if

you well i think it's just easier because your teachers your theater it doesn't belong to anyone else your thoughts are your thoughts it doesn't belong to anyone else that until they promise to deliver made safe promises and hopes to do all of it by all with their influence and so we will know what people are working with us of it interested in what we're doing there's a huge amount of it was he was of tasting sort of placing into me something that we hope to be able to through but going away just to get the message are a little bit more clear than we could previously because no the when you put these into he shouldn't meant so and also we've got about a minute maybe got to stay for another session because it's pretty fascinating stuff but we've got about thirty seconds left can you speak a little bit about where bitcoin uses mining and you guys use farming as i was taught all about we don't want to destroy resources so we don't want to use and which are cities so farming is more a very good looking enough to be to it's

a precious commodity you're looking after a corpse that's a precious commodity and for those. the ability to look off the data is something that you're going to warped and so the north sort of computer goes on and it work is rewarded. and see for and so this is the farming mechanism where i think we're going to talk more about this farming analogy when we pick up this conversation that in part two but for now i got to say goodbye so let me say goodbye to everybody out there that's it for this edition of the kaiser report with me max kaiser stacy herbert like to thank our guests nick lambert and david ervine from a safe who will be with us for another interview if you'd like to get in touch tweet us a cause a report and i stand by. in

december. more likely to be raped in college and in the real world. i don't think people did that to each other when they knew each other i thought rape was a stranger in the bushes. girl complaining about the son of an alum. gives millions of dollars to the school why listen to somebody who's going to lose money at the school the schools that make money based decisions are much more common than they would ever admit publicly. for instance you.

know what. my. wife would have to. think this. is his most elite clubs. sometimes for nothing. it's not just the story he's just if you see the stage. to be. but speech was. good lumbered sure. to build a new. mission

to teach music. which is why you should care only. you got a lot of sneering and. there were explicitly political groups supporting sports one of the things that certain people rouge has become very adept at is controlling the media for example. c.n.n. is completely telling it like it is no i see it. is is bought and paid for. in reality radiation is still. killing our children. leukemia but still hiding the truth from us still and i don't know why they have

their own heard so much to protect our children. this is r t international the top stories tonight from us kiev trackside its statement that it's detained a russian reporter on charges of aiding terrorists study went missing in east ukraine a week ago. brussels bites back you know that russia's ban the food imports in response to sanctions european officials reportedly want to spoil moscow's plans to get alternative supplies latin american. tear gas and rubber bullets the u.s. police response to crowds demanding justice for the killing of an unarmed black teenager by a move to recall. the little girl that survived eleven days in the siberian.