and the state and the oil in the state produces a lot of oil so they get a share of that so there could be a way to distribute instead of having oligarchs and all they sort of a very wealthy few where they're you know you're in an oil rich country or mineral rich country if it just goes to a handful of people they get to you know for some reason get the exclusive access to the assets of the nation that happened to lie under the nation you know this is a fair way to distribute the coins or a mention of the government in america subsidizes the energy industry tens of billions hundreds of billions probably a trillion dollars of u.s. government subsidies ation of the energy industry the u.s. government could subsidize mining of big oil rather crypto currencies and put those into wall it's called american citizens could each have an automatic wallet tied to their social security account and they could get a daily weekly or monthly air drop of crypto coins that they can then use to boost the economy with the government can easily do that then we should do that i've said many times and this would be a way to fairly distribute wealth and it has no reason why wall street that gets to

subsidization of free money from the fed why vest on shared equally amongst the entire population they can match that distribution of fair money from the fed using crypto coins the visa v the social security count yeah i mean and one problem of course is you don't want just one air drop like a roar queen try triflin because they're all is the soviet problem because when the soviet union collapsed they did give basically the equivalent of what an air drop was that every citizen got some sort of cut of the assets of the nation and it turned out that the oligarchs went around door to door knocking and and collecting them all and bought them for cheap and then became the controllers of the assets if you want a dividend that keeps on coming in absolutely we can solve this stacey right after the break we'll have it all figured out don't go away.

what politicians do something to. put themselves on the lawn. they get accepted or rejected. so when you want to be president for injury or somehow want to be rescued . it's a right to be for us this is what before us three in the morning can't be good that i'm interested always in the waters of our. question. i've. seen most losing a miss but them. just miss the first thing in the both of them which is this mission of the new clothes is a. small

part of. a little bit some of it is just almost trying. to put down play as a script to gather some odd from all this. hate everybody i'm stephen bob. taft hollywood guy the suspects every proud american first of all i'm just george washington and r.v. i'm to say this is my buddy max famous financial guru well just a little bit different i'm not a abraham lincoln tunnel no no windows up with all the drama happening in our country i'm shooting the road have fun meet every day americans. look for the

start to bridge the gap this is the great american people which. is going to come. well you can assess.

welcome back to the kaiser report imax keyser time now to go to acapulco and speak with jeff burrowing who puts on the biggest mass and arctic conference in politics and economics that is an arc of paul go in this year is that of a one day crypt a polkadot jeff welcome back it's my pleasure max and jeff congratulations this is an archipelago krypto polka thing is blowing up man is a must go to event era here about all the time you must be very pleased yeah actually we've been totally shocked we were not expecting this we have about triple the audience of last year it's going to be actually sold out it's going to be about fifteen hundred people we had about six hundred last year and yet it's piers that this anarchy thing is kind of popular there i'd say to as if i or somebody showed up out and they couldn't get a ticket it's completely sold out you have the main conference is sold out but there's all kinds of events before and after it's almost like a month long sort of a vent but so you go to an archipelago dot com and scroll down you can see all the

workshops and you can also live stream the conference at an arco polka dot com slash live stream so what a lot of people are doing is coming down and they're going to actually just sit by the pool and watch the conference on their i pad and then when the people all come out from after the conference and they all go to the parties and restaurants and join them they're all right i call that let's get into some of these recent developments in the big coin space and you know let's talk a little bit about bitcoin a big coin cash. you know as well as one or two big coin maximalist so we say are you staying away from that fight big going versus big going cash or how do you weigh in on that one i know you're going to have a couple of the big cash people at the festival what are your thoughts on this jeff . yeah i definitely have not been staying away from this debate it actually took me a few months after the fork on august first to kind of understand what was going on

it's not complex and technical and there's all kinds of different interests involved in this is what happens when you have a completely decentralized currency is there is a lot of disorganization there's a lot of fighting there's a as we know a big cash forked off from decline on august first and that was generally a dispute about how to scale because and that dispute is still very much still going on because bequest transaction fees have been still very high and bitcoin transaction speeds have been quite low and the main reason i got into big quien was because i believed that if we could have additional currency that is decentralized it will essentially get rid of central banks which will eventually massively downsize governments and even eventually get rid of governments and as a matter because that's exactly what i want but the way the big quake has developed in the sea a lot of these big queen core developers you see people at block stream these have been the blocks he has been one of the most. active groups involved in this sort of thing and bloodstream is kind of half owned or owned by the chairman of builder

berg so that's a lot of doubts about their intentions and you hear a lot of the big court of elevators talking about it's ok if it cost one hundred dollars to transfer because that just shows that it's it's really popular and that's not what i first saw for because when i first got into it in two thousand and eleven i foresaw that we need a currency that can be eased by anyone in the world that is decentralized very cheap to use and very fast at least within ten minutes or something along those lines at the very least and now we're seeing big claim being moved to i've seen transaction fees well over one hundred dollars i actually paid one transaction fee of over two thousand dollars once trying to transfer three big coins about two weeks ago now there is a segment there's lightning that word has all kinds of things we could talk about there but i also have my doubts about those. and the main thing that i see is there are loads techies don't really understand what really big queen was created for and that was to become

a currency used by everyone and they keep talking about it being digital gold now so it's not digital cash is digital gold if so if because it ends up being digital gold it can't be used very easily as cash then we're going to have to look at alternatives that's an ongoing debate i think them the market is going to sort this out one way or another nothing is bigger than the market i know there's a lot of grumbling about bitcoin cash kind of plays razzing the name because i and by using but coin dot com as a gateway to big going cash causing a lot of what some would say unnecessary confusion and the marketplace but let's move on to another crypt a current say that here involve the as your very prominent poster that steam it and this is an interesting application jeff because it's in all the coin and they all coins came around during the period of scaling debates and the delays in scaling that way of saying going to going back a few years and it really laid the foundation and created the room for these all

coins to blossom and steam as one of those all coins but it also has a very specific use case and i always liked it i've talked about it before on this show it seems like a great use of tokens to incentivize contacts cetera and you're a big big big guy on steam and can you tell folks about it yes sure i got on to it about july two thousand and sixteen i believe and i didn't know anything about it i made my first post and i because you cannot vote and give steam to the best post on the site i made fifteen thousand dollars on my first post because i'm quite well known of the cryptocurrency community and everyone of the time who's who was on steam it was all into cryptocurrency so i started to learn about it and i found out that the developer was a person named dan alarum or i really got into his concept he's an american capitalist he's try. to create all of these sort of things cryptic currencies and ways that we can essentially make governments and central banks obsolete and i got really the steam minutes and then he went on to move on to something called ios no

e.o.s. and i'm a big supporter of that as well but steam is one of the for me personally it's the first use case of a crypto currency being used for something other than just a currency and so far it's going really well for if people out there don't know about steam at dot com especially with what facebook's doing now facebook just banned all cryptocurrency and bequia related posts in ads so you can see what's going on there steam it is a social media site based on the block chain so once you post there no one can censor it it's on the block chain essentially forever and as long as i block chain exists so it is it could be the next level for social media all right jeff let's get into some politics here because it always panned outspoken in your politics and obviously with an archipelago an air push for anarchy and we've talked about this before and now with bitcoin encrypt achieving the certain mass adopt ends or a certain level of adopt ends but it it's gotten to

a point where wall street's running scared a little bit governments are running scared and they're pushing back they are facebook as you point out is banning as far crept out were saying government india you know they were more positive toward becoming now their negative tarpit point so they the revolution that is becoming has reached the state level and so this is really a new era we'll house jeff because you know you are. either out of describe this anti-state i guess i mean so but so it's gotten to that level you know it's gotten to the jeff berwick fight you know so will the state have the tools what are the state what are the tools the states using to fight bit coin as you see it and how successful will they be to fight that coin jeff it's going to be very interesting this is a battle for the future of. freedom for humanity if they win we will have tyranny on earth like we've never known it if we if we win we will have peace and prosperity on earth like we've never known and give the power back to the people so

really when big quake came out that was the big thing because the real first step for the problems for people like for things like government was the internet for the first time people had access to information and sort of the mainstream propaganda you get on things like n.b.c. and c.n.n. and fox news and all the other ones that are like those and so people for their first time had access to information now. has really hit at the root of their power structure because it's really the power the power behind these governments is their central banks you can't have many of the things that they do you can't have any of these wars without central banks they're all paid for through the inflation even donald trump that some people are for some reason excited about in the u.s. so he might reduce taxes somewhat but if you don't reduce the actual spending of the government then all you're doing is shifting that burden of those expenses onto the currency itself by printing more money to pay for it so this is where it's at

and this is a massive battle this is a colossal battle that really has just begun it just began really in the last two years as you pointed out and now you see it talked about at davos you see the g. twenty s. you see it everywhere because they're finally realizing this is really he a major threat to their power structures and they will try to do many things to stop you pointed out many of them course they'll put in as many of the laws as they can try to outlaw it you see in china some of the things that they've done they've they've sort of outlawed i.c.'s but the great thing about all this stuff is you can't really stop it there is no place you can't go to big point and and find the c.e.o. and put them in jail you can't go to the big point office and bring in your typical government swat teams and shut it down it doesn't really exist anywhere and this is the beauty and this is what it's going to be the battle and i don't i don't expect it and for many years and i expected to. very very bloody but not in terms of physical blood just in terms of a real struggle. for this for what's going on for what we have complete

tyranny complete government control global government as they're talking about one world government one world central bank or will the people finally have the power back and have a currency that gives the power back to the people now those two key technologies hair that we've already seen they fit till a they are trying to stop them one would be a bit torrent and that all the torrent sites despite the hollywood n.p.a. are i.a.s. best effort to stop file swapping and torrents they have not been able to stop if they had to change their models to accommodate the new reality second of all encryption itself is still in the domain of the cypherpunks and and the people who are supporting corruption as a as a means of privacy and for a mans of self governance as a man is. getting together for their right to assemble so these things have not

been defeated so let me talk about another weapon in their tool box i was ever in that would be the wall street. financial futures in our big coin price was twenty thousand are selling then they launched a financial futures contract in the c.m.a. and we recently trying to seventy five hundred a lot of people say think there's a correlation there because of all the games we've seen in the futures market even a long term observer of markets as well as what we've seen in the gold and silver market over the errors is that a fair assessment jeff in your view does see that connection you may find it funny to find out that i actually don't think that those futures of severely affected because at this point i've looked into the futures trading on the cme i believe it's called and the daily trading is around twenty million dollars. or something and the market of course is one hundred billion dollar market so at this point i don't see that as being the reason for the fall i see other reasons for it so i

think we needed this fall if you look back one year ago max and just look at the prices of these cryptic currencies i believe big question even a year ago was still around under a thousand dollars i believe a year ago a theorem was around ten or twenty dollars a could have been a little higher now it's a look around a thousand dollars this has been a very hot space a lot of the money printed by central banks has actually been flowing into the space which is really interesting the kind of half destroying themselves by printing this money and people putting that money into digital currencies but yes we'll see how much they can try to affect it through all of the other means they have and some of those are things like futures for sure but i don't think it's affected it too much yet guys you have got to go thank you main alicia thank you max all right that's going to do it for this episode of kaiser at par with may max kaiser stay sara would like to thank our guest geoff burrowes in our call paul co and this aircraft poco and acapulco what could possibly be more fun than that if you were to get in touch with us it's kaiser report on twitter until next time bio

. and it's getting international recognition with the help of israel at least in the world of zoos. dismiss it like. this is the only complicity is good of the study hall maybe. the only palestinians to get the most hopeful is to swim counterparts i don't think this is i'm of those who are under the vision to. do this. and there are things all of us that it's got to this lady of the muslims do you have i don't know if you compete in the doesn't seem to do more commitments lost some prison.

all to see we have a great team but we need to strengthen before the free world cold and your backs have been a legend to keep it so it's at the back. in one thousand nine hundred two that must qualify for the european championships at the very last moment no one believed in us but we won and i'm hoping to bring some of that weighting spirit to the r.c.t. . recently i've had a lot of practice so i can guarantee you that peter schmeichel will be on the best fall since my last will come on that story as well as three. thousand the joke was only. brushed. left left left more or less ok stuff that's really good that joined me every thursday on the alex simon chill and i'll be speaking to guest of the world of politics school business i'm showbusiness i'll see you then.

i had line news in an exclusive interview with r.t. the head of the court of arbitration for sport tries to defend the olympic committee's decision to exclude russian athletes which the court itself had already cleared of doping allegations and the fact that they are only able to show the guilt of an athlete that he has nothing to do at all with the case is totally innocent also this hour the u.s. submits a part of the local forces it trains in syria is failing to join a conflict against washington's ally turkey. and consumer goods joined unilever is on a mission to clean up the internet with threats to pull lucrative ads from facebook and google if they don't act on fake news and eight feet.

below from a news team here at r t h q this tuesday the thirteenth of february is midday here in moscow six pm in south korea where it's four days into the olympics of the winter olympics an athlete from russia on the medal board two bronze one so far as it stands right now that's of course despite a reduced number of competitors from russia following decisions by the international olympic committee and the court of arbitration for sport over doping allegations in twenty cases the evidence collected was found to be insufficient to establish that's. a violation it was committed. to the decision this extremely disappointing. decision shows the urgent need. for reform. in the internal structure of this. division of the court of arbitration for sport

this missed the application filed by thirty two rushed. athletes against the international olympic committee applicants did not demonstrate that the manner in which two special commission system by the i.o.c. was carried out in a discriminatory and fair manner there are plenty of questions left over those conflicting decisions so our correspondent has been speaking exclusively with the secretary general of the sea air here's what he found. after the court of arbitration for sport said no to forty seven russian athletes and coaches just as the winter games were getting underway perhaps the number one conclusion that came up on some people's mind was that presumption of innocence doesn't apply to the russian doping scandal well the cast secretary-general didn't literally say that the key law principle didn't work for cas but see for yourself how much it applied

to the russians the fact that the unable to show the guilt of an athlete doesn't mean that the truth has nothing to do although with the case of the innocence this is a logical consequence and this is nothing bad about it mr reeve maintains that leaving the group of clean russian athletes on paper out of the winter olympics isn't a sanction also i found out that the refusal of the i.o.c. to get the dozens of russian athletes on board the olympics in some cases was a result of pure suspicion and other cases it was a result of some real evidence which however mr reeves hasn't seen after all he wasn't a member of the panel but the secretary general promised that this evidence will soon be published so let's wait for now let's have a look at the other highlights of my exclusive interview with never involved in any

political discussions or debates we are lawyers a tribunal we run to decisions cast secretary-general obviously referring to you insisted that the court of arbitration for sport decision does not mean that these twenty eight athletes are declared innocent does that mean that presumption of innocence doesn't work with cas the duty of the i.o.c. was to show. so that the athletes involved in this case were guilty of and i don't be rude violation the fact that you cannot establish the give evidence of that. doesn't mean that you have established the innocence of the athletes you see what i mean if you have an athlete's or anyone committing the doping infraction if you have a classic doping case you have a positive test then you have a presumption of guilt of the athlete this is the other way around with the sochi

case because the i.o.c. had to show that the athletes were guilty the athletes from the groups that your court had to deal with haven't been explained their wrongdoings by the i.o.c. but did the international olympic committee at least provide cas with proof of their guilt is difficult for me to go into details because this case we only have the decisions without the reasons so we know the result we know the media release that i have pronounced but we don't know the full reasons for each of these thirty nine cases so the only thing i can imagine as a lawyer is that there were some evidence brought by the which shows some suspicion about some wrongdoing in this situation as you heard a couple of minutes ago when cas initially overturned the i.o.c. bans of the soul she asked leads the international olympic committee was very

critical of the court thomas back demanded reforms and i asked the secretary general if anyone returned to these ideas after the final decision of the russian athletes was made and the answer was no so it turns out when the court of arbitration for sport came up with a verdict that fully satisfied the i.o.c. nobody wants to reform cas anymore. washington's admitted that some of the kurdish forces are trained in syria shifting to fight against one of america's own allies turkey is currently on the offensive in northern syria against groups that it deems as terrorists come up and has more on the tensions currently playing out in syria. u.s. secretary of defense james mattis has confirmed that u.s. armed kurdish forces in the s.d.f. have been relocating to the northern parts of syria to protect territory from turkey. the destruction of was going on up enough and right now which is drawing

off some of the syrian democratic forces to see the snuff and on the road so that schools and the police there were tensions to shift. now the kurds and turkey are both key u.s. allies in the region however there's been tension between all three of them in recent months now we've heard of how the usa has been arming the kurdish forces and providing them with weapons now and carra has been quite upset by this action they consider this to be the arming of terrorists now at this point we do have a statement from james mattis confirming that he believes there are legitimate security concerns on turkey's part about these kurdish forces that have been armed by the united states will continue to work with on the areas of disagreements which is how do we take them on as he was rapidly as possible they have a legitimate security concern and we do not dismiss one bits of them now there has been escalating tension between the united states and turkey especially in the

aftermath of an announcement from the united states that it intended to create a thirty thousand strong border force to protect syria's border with turkey now u.s. leaders backtracked from those comments but that hasn't stopped turkey from being quite upset by these remarks now we've recently seen the beginning of operation olive branch and this is turkish forces moving into syria to fight against the kurds two allies of the united states clashing with each other in syria as the tensions escalate we're even hearing calls to rename the street on which the u.s. embassy in turkey's capital is located there are calls to rename the street olive branch after operation olive branch the turkish operation to go into syria and fight against the kurdish forces armed by the united states there seems to be quite a bit of contradiction in the words and statements of u.s. leaders and there seems. to be rising tension between all three parties the usa

turkey and the kurdish forces. the rift between turkey and the us could deepen further in northern syria u.s. troops are stationed in man bridge which turkey plans to target in the next part of its military operation opening up the possibility of a direct confrontation with middle east expert where this might lead now the big elephant in the room is members and that's why they invited states is still on the ground they do have troops and in that case if they do not withdraw the troops and advisers from this region then ankara says and repeatedly the president here threatens that he's going to go ahead with this operation in member in case this happens i think there will be a kind of military standoff and that could lead to more tension if not a military stand off between the united states and iran korea that could lead to a major escalation to more wars in on the ground that womanly to

a more alinea ating and more isolating of the united states. facebook and google or risk of losing one of the world's biggest advertisers if they fail to improve news transparency and tackling stream isn't on their platforms consumer products unilever and make some of the biggest brands in food and cleaning products made a threat that attacks conference on monday but the anglo firm has been caught out itself in the past with its own misjudged marketing has done a whole can explain it same news different day facebook is again in the firing line having faced pressure from governments and activists over failing to root out speech racism fake news divisive comments and whatnot this time it's global joint unity for leading the charge even threatening to reduce and withdraw advertising from the social media platform if things don't improve euna lee.