i'm. we believe. you know we completely in the system of abuse and torture of the refugees and my friends say the. amnesty international points the finger at e.u. countries over the plight of migrants in libya. protests are up for a six day in the west bank in gaza against the u.s. recognition of jerusalem as israel's capital. and a deadly explosion at a major gas have been all strippers europe on a high alert with prices soaring and a state of emergency declared in italy. for the latest on these stories go to dot com and stay with us for the kinds of report that i'm talking about bitcoin teachers and their neutrality.

i am max kaiser this is the kaiser report yeah bitcoin is skyrocketing up the charts heading into the five figure tens of thousands soon to be hundreds of thousands of dollars a lot of stories emerging you know stacy it's amazing going back to the two thousand and eleven era when but going was a dollar two dollars three dollars of course we were reporting it here on the kaiser report a lot of people would give me bitcoins at these conferences i gave a lot of people a lots of bitcoins i distinctly remember giving russell brand a thousand bitcoins when they were i think maybe two bucks a bit coin that's not worth sixteen million dollars i wonder if he still has them some of them were these to say shows coins and i don't know it's just a lost track is like giving away candy at the time of course they're worth something yeah we're going to as we approach the end of the year and do our

retrospectives and look forward to the new year we're going to talk a lot about the history of bitcoin what's going on we are recording this quite a few hours before the futures markets open in chicago. has become a huge massive international story everybody's hearing about it we're getting a lot of tweets and a lot of e-mails asking how to buy it how to buy it people are panic buying and you're certainly seeing that i saw a chart of verses and it's all buy is no selling there's nobody selling so you're seeing quite a basically a melt up and then rollercoaster down in those very volatile you we're going to see a lot of volatility in decline prices as these futures markets unfold there's going to be multiple futures contracts multiple banks all these banks are getting into it . we are again recording this right before the futures markets open in chicago so what's your prediction by the time this errors it will have already happened what's

your prediction. for how it will have impacted the price if anything late sunday early monday i think we're going to see upward trend because the business futures trading needs at their core a lot of inventory of coins so that i think as i've been saying get a inventory of coins on the books so that specialists and market makers can do their job in creating a price structure and price discovery but you need to have an inventory to do that remember i invented the virtual specialist technology number five on five zero one seven six i designed trading technologies and specialist technologies going back to one nine hundred ninety seven and before that of trader on wall street traded options i was the third biggest options producer in the shares of lehman hutton system for many years and so now they're coming into my you know my charity so tell us what you want to say i mean at my house so what do you think the futures markets a lot of people are in from the precious metals market who have been watching our

show and what they always say is that the futures markets the paper markets and during down the price of gold and silver what do you think is going to have an impact or not on big queen suits up in gold and silver is that capitals fleeing gold and silver and going into big going capitals fleeing fear money going into bitcoin capital is fleeing all these other debt ridden last asset classes and into this new emerging asset class and therefore they've got this upward buying pressure people don't understand that at its heart bitcoin is a messaging app first a means of know a store of value second and a medium of exchange third the suppose you white paper is a bit misleading because it leads off by calling bitcoin digital cash that's kind of misleading it's not really digital cameras and so first it established itself as a messaging app money and economics are the history of communication and trade it language that's language explodes onto the scene tree it explodes onto the scene

messaging apps explode and. exponentially onto the scene because similarly it's unique in this way it's an emerging asset classes not quite a currency it's not quite a commodity it's not quite a technology it's a combination of all these things happening in this beautifully cartesian elegant distribution of interests called the bitcoin protocol and it's eating the world eating the commodity world eating the technology world and it's going to one hundred thousand two hundred thousand three hundred thousand a coin because there are lots of which go to a set of saying what's been going to relation to gold in other words of a trade of four hundred thousand dollars a coin it would be roughly equivalent to the total above ground gold stock in the world you have to look at in terms of bitcoin as related to global debt it's not seven trillion in debt like seven trillion in gold there's three hundred trillion in debt i did the calculations and that would imply because the price of over two million dollars according to monetize it's a get rid of that and it ok we're going to look at why are we going just a we're going to lose our spins why we're flying through space of hundreds of

thousands of miles per second why do we don't like the speed of light you know how can we discount that how can we be little that a man of the moon we can put going to a million ok as you said many people called bitcoin gold two point zero if just as that just as operating as a gold you know proxy or gold of its own digital gold as bitcoin investor novogratz has said that would equal four hundred thousand dollars per bitcoin just to equal the size of the gold market which is over seven trillion dollars to the point years ago because yes this is what he determine the price would be is for exactly four hundred thousand dollars watches i know i get it ok i'm still asking you however what do you think the chicago futures markets we have c b o e the on sunday and then right after c m e and then there are going to be nasdaq cantor fitzgerald who you sold your technology to your company. hollywood

stock exchange what do you think the impact will be on the price can they will it provide more liquidity will it bring in more money will it cause more volatility will provide less volatility which you think will happen it'll create a bigger pipe for more money to flow into bitcoin right now the pipe is about you know like this is a relatively miniscule market compared to the bond futures currency futures stock futures you know five trillion dollars worth of forex per day is the market because in that arena is a pipsqueak by expanding these contracts futures contracts derivatives are bringing wall street chicago into the mix you're taken that small straw which is an on ramp for fear into bitcoin and you're making it massively bigger and that on ramp is going to suck and what i call the bitcoin black hole it will suck every piece of debt ridden carcinogenic bowl. central bank wall street

bank jamie diamond will be sucked through a straw i mean imagine jamie diamond being sucked through a straw what he end up on the other end is a pulp of snotty general you know theory of it is the river to imagine lloyd blankfein being sucked through a garden hose what ends up on the it's a string theory to block the coin black hole you know if you enter a black hole if you get string of five spaghetti it gets picked out of fide imagine jamie diamond alone blankfein beings but get a five is there sucked into the big point black hole and they just turn into you know atomized pieces of deceit in the hamptons looking for matt lauer and some under-age chick you mention the size of the four x. market and that's foreign currency exchange the foreign exchange markets so all that's the biggest market in the world probably by trade volume per day five trillion a day dollars versus euro versus yen versus you know british pound i forget the name of that little country there. stead appendix that appendage on the end of

europe that's run by. three some may so that's five trillion dollars a day one the very very first big day as everybody is preparing for these futures markets open a big coin they saw a twenty eight point seven billion and bitcoin volume that had that was up from like five and a half billion over the summer so now we're at twenty eight point seven billion but just a tiny tiny tiny blip compared to the whole four x. market a five trillion dollars a day at the time saying it but so isn't the overwhelming you see this with people to understand is that avatar because it is a messaging at first store value second and a medium of exchange third as a messaging app this is the history of economics the history of money the history of trade the history of evolution the d.n.a. in our cells of our bodies suggests that bitcoin will be a lot higher because we as a species want to connect and monetization of our unconscious is the monetization

of our collective unconscious is the model it's what i call the psychic equity conversion the p.e.c. we're converting our our our consciousness and unconsciousness into a monetary medium of exchange through the the magic if you will as steve jobs would call it of a messaging app the metcalf's law of exponential growth and essentially ferrers law if you want to talk about economics for all you economic quantz and and hacks out there look up there is a lot i r s law of good money pushing out bad ok the fear of money is going the way of the dodo this brings me towards the end of our show the last two or three minutes here before you go into the second half we had finished your second part of your interview with randy bowler i do want to say max will probably be on r t. talking live as these are between futures start trading yet but well or other news that it was. hopefully or probably you're going

to basically see a lot of live news about the futures markets because it's going to be a big impact on the big news and it's a big story but before that i want to turn to an interesting story that also happened on the very day that every but the market started going wild and big point futures you know prices up with that five thousand down three thousand up six thousand down two thousand when it was very volatile it was emerged that saudi crown prince devinsky painting that sold for a record breaking four hundred fifty million dollars so is wall street journal they got this information from the u.s. intelligence community that it was the saudi crown prince the same guy. carson rating those hundreds of princes and he had to pay for the printing some of exactly but you know this is very old school old world everybody's like wow that's the crown prince this is four hundred fifty million dollars for adventure painting just to put that into context that's. that is three bitcoin pieces at this the current price is this three bitcoin pieces were ten thousand bitcoin were

spent for two pizzas at the very first ever bitcoin meet up right here in new york back in two thousand and eleven only two or three weeks later there was that prague conference where you and i attended but that was just a mere three bitcoin pizzas for this devinsky painting you know absolutely you know the entire market cap of crypto currencies is about four hundred fifty billion now approaching the half a trillion mark cryptocurrency market will of course top the trillion dollar level and hit the multi-trillion dollar level again because it's this amazing. quantum effect of pulling in all the money into the into the crypto and bitcoin black hole of store of value you used to be the only person calling for i remember there's some headlines back from twenty twelve or whatever max kaiser says because the market will go to one hundred billion how wacky how crazy but now i tuned to the news or read the headlines and it's nonstop also sending this guy so. it's going

four hundred thousand four billion four trillion everybody's like calling this trolley out like out there you spent was talking about klein in terms of the consonantal which is that i got to go all right well stay tuned for the second half a lot more coming your way george galloway i gave george galloway free bit going like in twenty eleven he's a millionaire multimillionaire george do you know that statement. and what else truths seem wrong. why don't we just don't call. me. yet to see proud disdain comes into play. and in detroit equals betrayal. when something find themselves worlds apart we choose to look for common ground.

and. join me every thursday on the elec simon trail and i'll be speaking to guests of the world of politics or business i'm show business i'll see that. i'm max kaiser this is still the kaiser report you know. randi volar off last time he was on right when we were talking about free speech so it's my african shown so i make all the executive decisions around him back on right great to be the moment yeah let's get into it really polar if you are still officially advising the democratic party how can they reach take north carolina in two thousand and twenty . well first of all you know we've got to put good candidates on the ballot and

you've got to run someone in every race one of the past problems has been a failure to run candidates in all one hundred twenty legislative races max where do you find these good candidates like the democrats seem to be obsessed with chasing the russian hoax ghosts i don't realize that dog don't hunt is a southern expression well that really has no bearing on what's going on in local regional and state races what they need to do is focus on candidates that connect with their district but you and i have talked a lot about germany yet all the people about it that's well gerrymandering is the ability for a general assembly a legislature to draw the lines after a census for the districts and so what's happened in there been numerous court cases in north carolina the lines have been drawn where the politicians are essentially selecting the voter and not the other way around you know people say to me well randy you know you're partisan your arguing now that you're out of power

we're empower the republicans give us our time and i say look if you're if your values and your ideas and what you believe actually you know can in or worth something then just make all the districts equivalent and let the chips fall as they may meaning that they're you know fifty fifty races if our ideas aren't a good the voters won't vote for us but right now you have legislative and congressional districts that are way out of balance for instance if you have a dean next year name in some districts you're going to win no matter who you are and same with an r. and frankly that's just un-american it's not fair it's not right he said something there that is really good well said he said that instead of people choosing their politicians the politicians are choosing their voters yes in other words gerrymandering they get together in a room and they say if we divide up the voting blocks in this way we know based on demographics and psychographics that we'll get x. number of votes and that's its vote reg. so again it does russia gate house is all

about say vote influenced by a foreign entity and yet gerrymandering is a clear cut example of vote rigging right here it's happening all over america it's especially agreed to sarah north carolina why don't they address that if they're so concerned about voting because people when they get into the power they want to preserve their grip on power right now north carolina is a purple state it's roughly a fifty fifty state we've got thirteen members of congress it's ten republicans and three democrats it should really be seven republicans and six democrats or seven democrats and six republicans right there you can see how egregious it is go to other states like pennsylvania and you'll see the same effect these districts and been drawn in a way were the politicians are picking the voters with technology as it is now you can literally draw a line right through a bedroom and if the husband votes republican on the wife democrat that's what you get now is not fair if said in the past that north carolina is really

a petri dish day american political landscape it is a whole and you have for example the wealth and income divide i believe is very sharply expressed to the largest degree of any city in america in charlotte right yet if you look at the indices that the talk about social mobility we've got a couple areas in the state that are at the top of a very bad chart you know you do mention mecklenburg charlotte also i think greensboro the greensboro winston salem area are both areas where social mobility is particularly tricky now you know it doesn't take a genius to figure out that industry was wiped out in this state first you had the civil war has test decimated much of what was happening here decimated wealth most of the wealth was actually in property and what was the private property slaves right there went off the books and then you had the rise of some corporate industry

. with tobacco agriculture sweet potatoes number one seed potato producer in america is north carolina agriculture i think is eighty three billion dollars a year in exports don't quote me on that but i think i saw that number when i was watching the local news over thanksgiving and what other or some of the other dynamics that are part of north carolina as you see it from your perch as a political well we lost textiles we lost furniture making we lost a lot of industries that were outsourced overseas whether they went to mexico or whether they want to southeast asia and that really gutted parts of the state that were dependent on those good manufacturing jobs and of course when big tobacco went down and we lost that too i mean we're in durham durham was built by big tobacco duke university was built by big tobacco people don't want to actually square that circle but that's the truth raney the millennial democrats and a radically different ethos to the baby boomers. far more left wing and far less

suburban and more smart city suiting loving instead a local ism as a mayor former mayor how do you attract this new generation. who generally millennial are interested in the sense of place they're interested in locality so you know. farm to fork type of things or some people say you know tied to table you know locally sourced fish instead of getting it from a salmon farm and it's about quality of life it's about creating some experiences as opposed to living in the mansions i think we're going to have a real tricky thing in our country is the baby boomers are downsizing and trying to offload some of these make mansions that were built in the eighty's and ninety's that were not very energy efficient were the buyers going to be i said it went interesting they got here that i love a trout right with it with cans. that's good really good let me ask you the question so the corporate democratic party is claiming victory with the

recent virginia elections but many of the winners were bernie style rights are are the millennia as well and truly gone and the reign of the neo liberal democrats like hillary well i think the reign of scent of centrism neoliberalism is already on its way out i mean sometimes the patient doesn't know it's dead yet. really you think that hillary is dead well you know haven't you seen a body in rigor mortis can still kick so it seems as though we are in a post clinton era i think we're moving especially with the issues with the sexual rant rassmann the scandals we're moving into a post era for an awful lot of that generation not only in the republican party but the democratic party as well were you know i'm saying two thousand and eighteen is going to be the year of the woman they're going to be a lot of incredible women on the ballot and i think that women are going to play a role in the polls and reshape this country so they do it live seen evidence of

this already we have there is a huge economic caught a tsunami of women participating in politics as a result in part due to this wave of sexual scandals women are saying i've had it and nuff this is our opportunity everyone speaking up finally we have unity the problem with the women's rights movement in the past is they didn't have enough unity there was always some shiksa ready to sell out her sister to become a supermodel but now there's so much sexual perversion out there particularly in hollywood that there's a unity with that sense not sense the suffrage movement you know rights for women to vote have we seen such unity no more rape no more army weinstein's and this is going to create a wave of political activism in females in politics randi well you're seeing it by the election of donald trump i mean had hillary won i don't think you would have seen such a virulent backlash but i mean his victory with his baggage connected to the other

issues that you bring up i mean weinstein obviously was a big player in the democratic party as far as a donor and all these others across these industries are being exposed and women are saying it's our time we're tired of hitting the glass ceiling we're tired of you know pay inequality we're tired of being a singer. a mom trying to make it on two and three jobs and having a master's degree and not being paid i see it showing up at the ballot box and i applaud that the way i mean it's not the man who had the ball for a long time it's time to give it to the women it's time to see you know what women can do never have learned to stand it's only correct the men have had quite some time to time to give those to the women it's time to let the women get their share of the power because we certainly have made a fine mess of things absolutely and it can't be worse than it already is no it is not in our waves stick it in you are entering in age in the economy that demands

less actual physical strength because everything is digital so it's more about thinking of the cloud cloud thinking women are good in the cloud they don't have a whole lot of thing linear thinking like women can't really think linearly you know the show up at the you never notice this at a toll booth and they don't actually look for the change to pay the toll until they arrive at the polling booth i mean for a man that's very frustrating for a woman that's the way they think but i think now's the time to let that kind of thinking take over when i first got into politics i was the youngest some i boarded h thirty six and everyone i think of the time was between ages fifty and eighty but they were all do it was only one woman it was not american woman and i helped elect are the first african-american woman ever in the history of pittsboro and the town is almost two hundred forty years old as i moved on in my career and got more women elected to the board you could see a difference in policy so having inequality of people on these decision making boards across the country is important you can't have it all one gender or one

class it's important to have people from different areas to provide insight in your community and i see that happening in twenty eighteen twenty nine hundred twenty twenty and you already saw it in virginia and twenty seventeen more women on top that's what i say more women are they are again ready that's going to do if it is a decision for the kaiser. with me nice guys or it's a server like this i guess randy valar you want to catch us on twitter it's kaiser report until next time by you know. hey everybody i'm stephen bob. taft hollywood guy you know suspect every proud american first of all i'm just george washington and r.v. news this is my buddy max famous financial guru well he's

a little bit different i'm not. going to find no no no no not with all the drama happening in our country i'm shooting the road have some fun meet everyday americans. and closely start to bridge the gap this is the great american to. apply for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the families it's the age of the superman each of killian erroneous and spending student twenty million a one player. it's an experience like nothing else on to because i want to share what i think of what i know about the beautiful game played great so what chance

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i'm willing and i'm beyond the bikini coming out we'll hear about the number of security breaches the government has faced and what it's doing to tell what's going futures trading started out rocky but. will they succeed we'll take a look now it's good to day's business and financial headlines. on tuesday oil hit a two year high trading at almost double its two thousand and fifteen price brant crude oil futures for january jumped to sixty five dollars and twenty four cents a barrel a zero point five two percent increase this follows the recent deal made between opec and non member states to extend production cuts into two thousand and eighteen but it also comes just a day after the north sea forty s. pipeline system shut down for repairs according to an operator spokesman it could be weeks before it's back up and transporting four hundred fifty thousand barrels of oil per day again that's

a problem to about forty percent of the u.k.'s total oil production and since october nearly one million barrels of oil a day have been wiped from the market due to production disruptions in the u.s. u.k. venezuela and iraq. a group of hackers in russia stole nearly ten million dollars from banks in russia the u.s. and the u.k. over the past year according to a report from the russian based security firm group i b they went after a.t.m. machines at eighteen different banks and are apparently still in operation in fact a group by b. says it looks like banks across latin america could be next to hackers bus. typically went after institutions that use first state as star network which is the biggest bank messaging system in the u.s. although the network itself was never hacked a few small banks using it had their debit cards breached on average hackers took five hundred thousand dollars per case in the u.s. and one point two million million dollars per case in russia.

were security only the top priority for individuals businesses and government with computer hacks taking place nearly every single day the phrase we hear a lot is there are two types of companies those who have been hacked and those that don't know they've been hacked but what about the federal government which is seed its share of computer breaches i can attest to over the years let's ask todd shipley the c.e.o. of various software who joins us from the self-proclaimed biggest little city in the world reno nevada todd thank you for joining us sure appreciate it having me today ok so you know todd we have this new secretary of homeland security kirsten nielsen she was the chief of staff for john kelly general john kelly who's now.