i think we're going to get the correct pronunciation of the second have a fantastic time so much crypto happening here that i feel like gone for though paradise krypto per the zero. zero maxim fact we are in the condo area of puerto rico just outside old sideline you will hear the waves crashing on to the shore right behind us there are a lot of people here still pitching i.c.a.o. initial point offerings and you would think that they would be a little bit worried about after all this subpoena all the warnings from the f.c.c. from the c f.t.c. finn said which is the most worrying of all because of course that's part of the u.s. treasury and they can throw you away for a life but i want to look at a headline about a start up in the old fashion world and that's part of why combinator went to silicon valley startup incubators and this is illegal apparently a startup is pitching

a mind uploading service that is one hundred percent fatal so this is a company called next tome and it's founded by some guy robert mcintyre and basically you'll be able to load your brain. on a cad jaz you have to basically have physician assisted suicide write while it solves two problems with one great start up you relieve yourself of the burden of this mortal coil and you achieve immortality these are the the psychological imprint of new consciousness to the close so it's very have been like it's a good we're going to the club the pearly gates of this but you know this is what happens during the whole process remember alan greenspan renews during the federal reserve bank that the economy is getting lighter by that he meant that we are moving away from an economy based on stuff ships and trains and trucks coming by.

on electrons and a little actual property and financialization and the trend is only exacerbated to become more prevalent and more significant to the point where very little of our consciousness is now part of the physical world we're entering therefore reality we're entering a now phase where people uploading their minds to an app and they're willing to trade their physical body in exchange for the promise of immortality because remember as we've shifted from the physical to the pure spiritual i guess you could call we've also lost all values associated with the physical plane the whole respect for gravity the whole respect for morality and ethics have now been reinterpreted in the gravitational liss ethical lists valueless vacuum of moral turpitude which is now the new reality or heaven as some may call it this is again a silicon valley company it's y. combinator the guy who's the co-founder says the user experience with identical to

physician assisted suicide there are twenty five people on the waiting list including one silicon valley billionaire who's in it is like early thirty's and he's already put down the ten thousand dollars deposit to have his brain looked at a stance and have to be part of the physical world especially with the ecology collapsing the way it is right i mean we find out that bottled water ninety percent of it plastic has plastic anywhere vibing plastic we swim in plastic we live in plastic we live in a garbage dump and the bible says the meek shall inherit the earth these are the people that are too timid not to have themselves transformed into this new product available in the cloud assisted euthanasia in exchange for all of your virtual dollars now i want to turn to another big story that's happened while we've been down here we have the power grid here perhaps you talked a little bit too i guess john might about but before i get to that i want to show you what can be done if you look at the national security and what sort of deals could be blocked and that was chunks. broadcom one hundred seventeen billion dollar

bid for qualcomm out of national security concerns highly unusual move according to washington post donald trump ordered singapore based broadcom to bend its one hundred seventeen billion dollar hostile bid for qualcomm blocking what could have been one of the biggest technology deals in history and his presidential order trump cited credible evidence of the takeover threatens to impair the national security of the united states the merger would have put one of america's largest mobile chip makers and the hands of company based in asia a reason that's been receiving against american companies to develop the next generation of mobile technologies so of course that kind of goes with the first story is that if every effort all the silicon valley billionaires frees their minds to be reanimated in the future and i'll put it to a cloud in the future whoever controls the cloud is part of this story here all of the suicide bankers will do so in the name of living in

a world of seventy two virgins bankers living in the suicide cloud there'll be jamie diamond lloyd blankfein completely naked and waiting for you all you need to do is pull the plug and go into the euthanasia clinic enjoying the seventy two other banking virgins in the cloud it's a fantastic pitch about the i.c.a.o. should be worth billions more than the telegram i so you know he did this presidential order so it cannot be overturned by legally he had done this before the treasury came out with their report the treasury has the committee on foreign investment in the united states our city it's an interagency panel led by the treasury department bringing me back to what the initial point offerings and now that fin san is also weighing in on this matters so there's a government agency called syphilis. syfy s o r i mean i'm pronouncing it that way they might have their own way of pronouncing well that's up to subtle isn't so one of the reasons why if yes as i. c f i u.s.

was perhaps move so fast they say is that broadcom was going to relocate to the us in order to circumvent in order to perhaps you know get around any national security issue so they're going to pretend they were american but so basically what the president the administration are saying is that they were worried that the china's huawei for example who is their biggest competitor the next biggest producer of microchips the ones that are uses your phone so that and it will be used in the future basically electric cars to communicate with the grid and so they want to make sure that we we are still in the game so there can be national security interests. that are still apply certain industries this is close to an industrial policy we talked recently to michael hudson about that was to say michael douglas michael hudson about. you know an industrial policy for america

right i guess is the key point here is that chump is willing to impose order to in the name of national interest even of my my not be welcomed on wall street in this way so this is of course strategic in the sense that you've got the president standing up for interests that are more akin to a national interest you know well the trend continue we said when he was elected at least i did that he could be a roosevelt type character and be a trust buster and start to break up these days of monopolies i still think that's a possibility unless you want some soft uploaded to the cloud it will be kind of of the cloud based people and he'll make having great again now i want to turn to another headline about national security and that is rebuilding puerto rico's power grid the inside story it's a fantastic piece you should read it it's very long and but it explains the whole situation here it is you know about ten to fifteen percent of the island still does

not have any power and this ties in with national security because. there economy of puerto rico why it is so bad it has to do partly with the national the state owned electric grid but back in the sixty's and seventy's the u.s. introduced tax incentives to get manufacturers to move here and in the south of the island the other side of the island all these big manufacturers came a lot of pharmaceutical companies still to this day ten percent of all pharmaceuticals consumed in the united states are actually produced here in puerto rico but as a consequence all of the electric power plants and most of them all the big ones the ten biggest ones are all oil in the south of the island which is way at bats the direction we are on the top of the north of the island so all of the cables and you know how the u.s. does unlike much of europe which is the cables are underground here they're over

ground so all of the cables were knocked down in the hurricane maria and because it's also a jungle it's going over the hills all those cables are going over through jungles the vines although you know you think of a jungle it's all sort of a canopy of green it's all growing over all of the cables that a fall and so they have to extricate those cut their way through those to in order to get the cable to put them back up. just little girl and move. a little remember that of course it was side story. stevenson wrote the book leonard bernstein directed the music brilliant show a lot of people total knowledge about puerto rico was based on the stage production of west side story and the subsequent movie going so there's more going on here than for a good west side story there's just miss utah desperate to get past that area of

old san juan that is really quite beautiful i forget the name of it right over there where pearl of love her yes so seventy percent of all energy production on this island happens in the south seventy percent of the demand is here and holds on one area or other areas of the north so you have an a very very old electric grid the new governor is now trying to privatizing or or parts of it many people on the island are worried that there is no incentive for a privatized company to put all of the money that is needed to develop it and i want to say in the last minute here that we also have seen the emergence of a lot of micro entrepreneurs who are coming up with little sigh like micro solar panels on your rooftop in order to power your own little electric items needed in your house because many people are still without power and there there is a new movement to use the national utility grid now as a back up and for the future because there will be bigger and bigger hurricanes and

this was a vigorous hurricane to hit since the one thousand nine hundred twenty s. early one nine hundred thirty s. that that you should take care of yourself essentially they should have your own energy sovereignty we need some micro grids we need a mesh sort of network so that you are never reliant on a centralized grid again it's a quick question that will go to break the energy needs that you're talking about there the way that they're geographically spread out it sounds like a her kilian task to bridge that gap there's tremendous entrepreneurial energy now on the island in new view stacey is the wave of our troops coming into the island. are they maybe thinking a little bit with rose colored glasses and terms of what's possible given the immense infrastructure needs on the island or what you think well there are some outsiders coming in and yes they have fantasies and many of them have a lot of money but there are indigenous local people born or raised here who are also that the article points out they are the ones that humanly walk down the road

went to these locations went to homes and introduced the solar panels so that so these are puerto ricans local puerto ricans there entrepreneurs as well and they're introducing options it's up to whether or not. you know that that the fiscal control board will allow these sort of things to happen right now by the way the oversight board has actually taken the energy grid off the creditor list they're not allowed to seize it they're not allowed to take these assets at them at the moment all right well something will get very close attention to that it's going to be time for a little bit of a break so don't go away stay right there. well

you know that they were kind of adopted because we were called pirates for so long . of being there in the small boats next to the hard pool of ships and it's still. not done to. eliminate self to make cold fish already ninety percent of the dot and it won't be common or. concept fifteen scoops seventy five tons too and they do it several times

a day with the big fleets you know you get an idea on why the ocean which. we have to understand we could not stay still would just. be witness the deal going through the hours. i'm doing this because i want the future world to the future can generations to have and enjoy the ocean we have. welcome back to the kaiser report imax keyser time now to turn to entrepreneur michael turpin michael welcome to the kaiser report glad to be here it's great to have you on we actually we've known each other for more than twenty years right and you've been in the hot spots in technology one finds michael turban and then it

goes back to the dot com era and now we're in the crypto era and you've really carved out an interesting space and place yourself here in puerto rico you were i guess kind of the first guy to come down here and stake your claim and you could say and so tell us a little bit before we get into the crypt space what drew you to puerto rico and what's happening with that michael so i've always been someone who looks at fairness and about you know how to you know do something that will will will help myself my family and so i moved from california to nevada right before i sold mark where my last company because it was crazy to be spending forty percent more taxes if i was living there for a global company.