zero cost to print swiss francs because especially this no longer the world is going on really it's no longer put on very little to do to listen they hear they're saying that apple's going to spend an additional one hundred seventy three billion on top of the already you know several billion that they were doing on share buybacks so most of it's going to be front loaded into this year basically they're doing mike brown's bottom gordon brown when he sold all the u.k.'s gold announced it to the world we're going to sell all our gold drove the price down got the guarantee lowest price for the united kingdom here apple's guaranteeing the highest price ever paid for apple to buy these hundred seventy three billion dollars worth of shares they're saying that this is going to be front loaded into twenty eighteen most of the share buying will happen this year and those of us who are not participating in this game called central bank apple computer warren buffett trifecta of fraud are going to be put out on to the surf slave waves yeah we're going to be surfing. surfing on the ups and downs of the stock

market manipulation of their fake money and they're fake. cool i did just go surfing on the ocean of free money as it comes crashing in on the on the other sure . all right more coming your way after the break don't go away. the two thousand and eight economic crisis turns some countries into pigs these are the countries with we korea colonies that needed austerity policies if you are in a situation of flow bloat even the recession austerity is a very bad idea it doesn't work and it makes millions of people very unhappy those who are unemployed see their wages decline almost a decade how good are the results she saw all of the new york city's will by the people gathered in which to watch her all good people with your daughter julie. treated beautiful blue she was i mean to file

a legal. challenge nothing more than this she did not was always think they see something and not get it. while the same measure is still in place to one of the consequences to weaken blue bird flu dismantles will first one of this is the truth the consider is the consequences are actually quite acceptable to the decision maker. i think there is indeed a potential to come out of this impasse of implementing minster agreements by cream on the un peace operation this is very sensitive politically walls contributing countries really eventually offer troops it's off to decide to. be half so confidence and they have not.

had a great education a good job and a family. the love me. i never had to worry about how i would eat and where i would sleep. i'm facing christmas alone out on the streets of london. i cut the glory like going to school you know to simulate it to still give up food for the. job really feeling like he would be needed. and then. the guy just came over to be so me and gave you this book.

i'll go back to the kaiser before i max keyser time now visit with adela to loan she's a finn lawyer n n o g cypher punk oh mike this is going to be call adele welcome. thank you tell us about your background what led you to bit going. well i first still learned about bitcoin in two thousand and one i know. so i was working in the gold industry in two thousand and one we founded this company and actually ran an online gold backed payment system and built them as well and we did about

what liebling and what not so it was first then that i sort of got introduced into the world of like the possibility of a of a not centralized currency an alternative to what we had going on for you know centralized actors so the cypherpunk label goes back to this period of time in other words obviously big claim the way paper was in two thousand and eight of the issue of it goes back. years before that in terms of looking at de sexualize ways to create value to some value different companies have been trying to do that for a while and your background goes all the way back into the early early days yeah yeah actually i worked with some people have had formerly worked at eagled and eagled was probably the first clarence in settlement system of micro payments and so that's that's that's that's a whole beginning of bitcoin i think that's when the conversation really started to

materialize into software right and you are already in the legal business law of not at not at all not at all i was in the business of building things and you know and working with teams to to build the systems out to build a build out these protocols to evolve into technology yes and that a lot of what got you into the law side of the legal side that's actually really interesting because you know we reached a point post nine eleven where people were going to jail and starting to seriously you know crazy things like i think our conversations are be monitored we started to see the closure of bank accounts with bank accounts that we previously banks that we prevent previously worked. and so as we say i was getting real right a lot of i can say that but it was the. it was getting real and i thought wow i love technology i love to build stuff i love this ecosystem i love the idea

of having an alternative to a centralized authority having a monopoly over how and when we can move value and so i thought i need to understand the regulations behind all of this i can't know a couple of prominent you're in the gold space yes we had a couple of prominent people in the gold space like a peter schiff for example origin records for example folks and they don't seem to really understand but coiner their ante by calling or their big client skeptics so you know you're somebody who's been in the business for a while you're in the legal space what are they going wrong wow i mean do you want to be. look at i'm going to take it back to something that i use in that i see in my in my in you know in practice all the time and it's that we're dealing with regulators for years and back in two thousand and fourteen twenty fourteen i thought twenty thirteen twenty fourteen ok these guys have a long time to figure this out this is new it's exciting the value proposition is

obviously there you know in the form of a white paper we started seeing the b.t.n. companies coming out so the regulators really do have time to figure it out but it's twenty eighteen and we still not really far ahead from where we were in twenty thirteen i think it's the same of these guys i think there's a lot of intellectual laziness going on and i know a lot of them are super super prominent. you know intelligent but have no coming from those guys is that there's skeptics they have arguments but they're not the arguments that one would think one would use against but claim because there are some arguments i can be made against bit coy but they never use those arguments they is kind of. hackneyed ideas about tulip bulbs and things like this but let me move on for a second here so let me get your take on the perennial question that folks are which is the means of exchange versus store of value question you know the white paper is called digital cash essentially

a digital payment system digital cash so it because it started off really as a medium of exchange and it wasn't all the last couple of years or so that actually this idea of a store of value took off and people started buying it as a store of value and of course the fees have made the medium of exchange argument problematic and you've got bitcoin cash coming around saying hey you know we've got a solution to this how do you weigh in on that debate well yeah that's that's actually a big one because we need both things for a currency to actually be successful you know it needs to be a store of value and it needs to be we need to be able to transact in it easily and we're seeing problems on the second part of that. i think because it has turned into like a sort of holdall tourism destination when mobile target a little less like a street i just booked well. so it's kind of like the the the the maximalist idea of holding on to every single big queen that you have and never

ever transacting in it and that's become very very popular especially in the sort of like underbelly of the space and on the other side of that we're seeing a lot of tourism's i have people writing me daily in my inbox i mean posting about this for ever from jump like you i've been talking about it forever posting articles and people are now writing me emails like hey how can i buy stock in the big koreans how can i get rich online with bitcoin so. i think you know one of the problems is adoption we're getting there we're getting so adoption another huge problem with that is understanding and then people taking the time not time to really understand what it is so sad about real attack vectors ok because now that because i jamie diamond was a skeptic now he's saying i regret having called it a fraud he's done a mayor culpa essentially but the central banks of the world the big banks the world governments are starting get nervous that maybe their ability tax is going to be diminished because everyone's in the crypto space and there's no way to track

them down that's going to be a problem for their coffers you know so that governments this is now on their radar some governments are taking it on board like venezuela started crypto russia is looking at crypto and these are countries that have been kind of manipulated by the u.s. dollar and its status as role reserve currency and it backed by the pentagon really and so they've got a whole new geo political element you're in the legal aspect of this what do you see as a genuine call an attack vector or a or a vulnerability or problem of because going forward oh my god so real world application the banks are i would see the hugest problem right now just in used every single day and use case and the problems in the problem is where you know the where where do the banks stop and the regulators start and so i think by by extension banks have acted out and they are refusing. all the major

bitcoin companies' bank accounts so there's a bit of a system de under that set up on ramp is choked because there decrypter conversion is controlled still by the bank absolutely and you're saying the what the not ready but you say. system the system do yeah there's a french term it is yeah which means kind of. chaos making. sense out of key. yeah it's also an economics term where people sort of transact and find ways around the status quo what is the difference where that culture missile system day bed hey dave who yeah shit barry they really are there's other thought they like that. have a live in france for a while it's as if it was somebody says are you going to do that and it's a common cold localism to say system d. just means i just fuss futz around to get it through to some somewhere so this is what the the the principal guiding big coiners through the bank.

blockade is is to just wing it. well to wing it i've seen i've heard that you know some people. probably misrepresent what the code is being used for of course you know auditors figure out you know be queen is involved through you know wires to the registered exchanges queen bees etc come cumberland which is a proprietary trading firm they track it down and the shut them down to give them couple days sometimes if they're nice or they just get shut down overnight and so there's a lot of banking tourism that's going on right now people just moving from bank to bank seeking. a more hospitable situation and what i have seen a lot of is you know companies having to ten you know even more than that bank accounts right so you've got a portfolio of bank accounts and you're trying to cover your bases you know different countries are vying to become quote coin switzerland they want to be they

see this as a competitive edge they want the business they want the technologists they want to be the leaders in this field what countries are leading this remember isle of man was considered to be a forefront or a forerunner of this that's what a lot itself is looking like it's an attractive space what countries. are kind of in the good position to be leading the charge we do a lot of jurisdiction and we you know seen a lot of good things out of switzerland what's becoming a little overplayed and i know for example one of the companies one of the major exchanges right now is having a problem right now because swiss want them to register as some sort of you know not a financial institution but kind of a financial institution and to do k y c over amounts of five thousand dollars. so what i'm seeing is a shift right now to the eastern caribbean. caribbean ok. well yeah.

and i think the regulators so far have been very receptive. they've learned a hard let her learn a hard lesson this will be never say do things. dami domenica yes so they also have the ability for people to buy citizenship from these places in the caribbean. for a couple are thousand bucks you can buy a passport see them now or it's becoming leaders in the script space as well i hope so i would love to see that i want to see more interaction with you know with the crypto companies and the regulators because the regulators are asking questions there's a think tank down there that i do some work with that i've you know done some peepers for they're asking the questions i would love to see that that space dominated by that area so since years for a second or so. i c.e.o.'s and ishall cohen offering this twenty seventeen we saw

a billions of dollars raised by hundreds of i.c.'s the summer during the summer the f.c.c. said most of these i suppose are securities of course that you know they have to make that distinction what's happening in the i.c.a.o. market i believe you represent i.c.a.o. companies and you're you're doing so from a legal perspective what's happening in the size you know space we're going forward so my firm we do a sort of soup to nuts type thing you know from the very beginning we often deal with issues on the backend you know so that it represents what happens on the front end because there's a lot of issues with that. you know there there are a lot of different types of. products being offered through these i.c.'s i think you know my feeling on it is like do you really need to raise one hundred sixty million dollars in two minutes apart on our tab probably not just me about ten seconds to say growth in that area yeah yeah there is that there is immense growth

in twenty eight teams and it doesn't lead to another big growth area absolutely but i also see the coming down on it a lot harder than they have and also they are looking at these tokens to see whether it is a you know obscurely utility he took in our candy crush coin or a security right adults along to israel because a report thank you so much for having me all right well that's going to do it for this edition of the cause report with me most other states i guess adelle it's a lot if you want to reach us on twitter it's kaiser report so much so. in two thousand and sixteen the panama paper has shown the world with

a tax haven the secrets to reality and united states dollars passed through most. in the amount of time that we've been in the panama papers exposure that's what it shows of money it really is. journalism it's a fact of journalism looking at things that people want to keep secret and asking why would they want to keep these things secret. millions of fonseka don't you months we're examining. all the people we should basically have tried to get and i've done the job the disorder was a newspaper. and probably other politician which were up to. the police and the media were quick to find targets such as the kings of morocco in saudi arabia the president of argentina several prime ministers. and russian president

vladimir putin of course. oh my god i've had so i have sued so many newspapers for defamation some things don't just happen by chance he was very striking there were no one america especially a lot of people from the brics countries specially brazil russia and china that this special project reveals what was missed in the media coverage. the panama chronicles. blah blah.

one last chance president trump agrees to waive a submarine in sanctions but warns the u.s. will quit and you can be a deal unless more evasions and i also have to come this hour the washington post bureau chief in beirut and scored out on twitter for praising a syrian t.v. journalist with suspected links to al news' retire wrists and new york biggest police union seems the force commissioner and the mare claiming the selective really supporting cam video games are politically most effective. hello there welcome to r.t. international it's saturday morning where eight o'clock in moscow. person trump has fired a warning shot over the rainy nuclear deal he's agreed to extend sanctions relief

but says it's for the last time trumps insisting on revisions to the hard for to agreement or says that the u.s. will walk away the threats he first made last october in the event we are not able to reach a solution working with congress and our allies then the agreement will be terminated one of the worst else i've ever seen the disastrous deal with a rare a rare is not living up to the spirit of the deal one of the dumbest deals or one of the weakest contract we cannot and will not make this certification one of the worst deals ever negotiated well trump's positioning is in contrast to countries which are also signatories to the nuclear deal they say iran is in full compliance with the grievance and the holding firm. now expects. the

e.u. has been urging washington to stick to it for months and just yesterday top you diplomats met with the iranian foreign minister in brussels to reaffirm their support for the deal breaking five years on the true c.p.o. way that you do you leave the room the deal is working you want to. protect just a few way. why it should pay for this do these crucial for the security of the region but also for the security of the well the agreement was signed in two thousand and fifty and it was hailed as a breakthrough in u.s. iran relations as it ended international concern over iran's nuclear program and it's often described as obama's signature foreign policy achievement but trump has always accused the country of violating the quote spirit of the deal which actually means iran hasn't actually violated the deal and this is deliberately deceptive washington is fully aware that the i.a.e.a. other signatories and even own officials said that iran is in full compliance with

the deal now at the last deadline that trump the way of sanctions but decertified iran's compliance with the deal which is completely unrelated to all of this a it's not part of the deal and b. iran's ballistic missiles already been capable of carrying nuclear warheads now we'll just have to wait and see if congress and u.s. allies will agree to trump's demands similar come my way in response the iranian foreign minister has hit back at donald trump for trying to undermine the nuclear deal. trumps policy and today's announcement amounts are desperate attempts to undermine a solid multilateral agreement j c p a is not renegotiate rather than repeating tired rhetoric the us must bring itself into full compliance just like iran he keeps the well this is my life. but surely i wouldn't expect to. pull out this. deal because all his partners who pulls the so what happens is the parties involved in

the multilateral agreement. got the new deal with iran and continue on with it and just ignore the us the west will start bluffing all the way. now while the us tries to keep down iran's nuclear industry the pentagon has been busy working on a major revamp of its own atomic weapons the plans were due for release next month but have been leaked to the media the nuclear posture review outlines extensive plans to upgrade and replace some of the nuclear arsenal and develop more new warheads for submarines it also wants funding doubled over the next decade and the document lists russia china and north korea as threats which need to be countered the federation of american scientists say the u.s. already has well over one thousand. nuclear warheads and they are as powerful as the bombs dropped on japan in the second world war the proposed expansion is in

contrast to president trump earlier pledged to seek global nuclear i say. number what i would like to do you know the world i would like russia and the united states and china and pakistan and many other countries that have nuclear weapons to get rid of their stated america's intention to pursue the peace and security of a world without nuclear weapons put forward a comprehensive agenda to pursue. to stop the spread of these weapons to secure vulnerable nuclear materials from terrorists and to reduce nuclear arsenals while robot nine men from the just foreign policy campaign group told us that the plans would mean a cash windfall for pentagon contracts. it's a troubling development that they would put this out but the administration doesn't get to do this by themselves congress will have to approve it and hopefully there will be pushback and what is. obviously

a religious in foolish idea united states already has more than enough nuclear weapons the idea of building more is robbery other priorities and you know contractors are going to make money off of losing unclear weapons so they create parochial interests there are pushing these things there are now something that is not in the interest of the world it's not in the interest imagery. that the washington post is under fire after one of its bureau chiefs in the middle east posted a tweet apparently praising a journalist from free syrian t.v. questions were raised over the reporter's possible links to al nusra front terrorists as you go she's done enough reports everybody needs a hero even beacons of independent journalism like the washington post and what better candidate than a man doing his job despite the constant threat of bombs this syrian jauntily

standing in the open field while bombs explode all around him is very lucky to be a life now flood jacket or helmet you can barely hear about the explosions he and his colleagues are very brave. a professional for all of us journalists to look up to right wrong this book may have a pretty cover but it's the gripping content that's of most interest this man in the video is to hear a martyr and possibly the best way to understand him is this tweet shiite militia turned into minced meat sixty people killed in an eyesore suicide attack some respect for the dead maybe no now i'm satisfied he writes the different mission of bloodlust if you ask me in this picture is all smiles and handshakes with a saudi cleric a jihadi role model here. sydney is sitting down against the backdrop of terrorist

flags here's the one of i saw and hears not as he worked as a mediator trying to reconcile the groups back in twenty fourteen he set up and ran a training camp for child soldiers in syria and has reportedly made repeated calls for sectarian genocide no wonder he's on the u.s. security blacklist masini is far from the only terrorist has rubbed shoulders with . the hard are now bit of. the group is embedded within this video. is internationally designated as terrorist born as a branch of an al qaeda affiliate later they swapped sides figuring i still flavored terrorism was more to their liking when i reached out to the washington post's beirut bureau chief about her tweet she disputed the fact that she ever gave praise to the man or his so called journalism i dispute that they gave praise to the

journalist or his journalism i pointed out that standing up in the field and continued to talk while explosions are going off all around you is brave. she still admires is bravery though the mainstream media has a history of becoming in chanted by jihadi affiliated want to be reporters take bilal abdulla karim the story teller when it came to the battle for aleppo this might be. to not be the last communication people executed it's as simple as that what can i do here in syria blend in the crowd i don't think so am i going to turn my so over to regime forces absolutely not so what that he's giving a platform to a suicide bomber right at least he's taking all the right boxes they say you have to protect human rights. they support the terrorism so how on earth. of ports human rights supporter of that's that's the bottom line of the

hippocratic the have double standards if this happens in the u.s. mainland would they accept it terrorists to be available terrorist organizations. to say the they have good cause of course not the mainstream media has a habit of putting itself on a journalistic pedestal getting the facts right giving balance and using trusted sources but those standards appear to be selective and only if the story fits the cover you've done of r.t. while fighting is still ongoing in series italy province between government forces and the al qaeda linked news referent is exclusive video of the battle for key positions.