and you're supposed that the prices we're supposed to be your verification of don't trust the bank just use these libel rates use the sort of numbers used the price of gold to determine whether or not it's true what we're saying and of course they had to rig those in order to like it basically they were the big cash as well of the time they had the like if you know the speaker before us had a chart which suggests that there is one of the options of why there's a premium on it could be manipulation a big. big catch oh yeah because it's a sort of story stock trading robots are reacting to stories i just made reference to this so you've got the basically financial news is being written by robots and then they create the news and then other robots read that news and then they do algorithmic trading on wall street based on the news written by a robot that a robot uses to trade stocks and create prices that are then reported by another robot. so that's another s. kerry thing to think about is that it is a she not comodo

a robot that created some currency for itself. basically well you know my theory is that soto she's coming from the future and he arrived and he's heading back to the beginning to me. basically. just nickel and dime and people to death militias dogger them so just go in there and steal money again there's no penalty there's no there's no criminal charges for this type of fraud just the scourge like the plague that needs to be eradicated or you know gonorrhea are socialists i mean wells fargo is the syphilis of wall street. and bitcoin is penicillin essentially and if you're going to ground if you turn it if you're talking about looking into the past when these sort of headlines are being like this these are pretty blotching sort of financial and banking stories right on the really late children you know people that are ten twelve years old now and the

future dealt this will look like a freaky world that you could live in a world where bankers had all control of beer wealth and they could create fake accounts for you insight trading and you didn't even know that they were operating in your name then it won't believe it they'll be part of the myth fifteen years of collecting write us a man finally paying off. ok this is not really relevant to anything. much. i thought it was really interesting that that was relevant to the whole point market maybe it might pay off yeah you could do nice you know around rhino semen. collateralized by run and see. what this kind of gets into the economics of extinction which is an interesting. trend you know they gave their fishing bluefin tuna in japan to. because they have a lot in the refrigerator so the price is going to go up when they become finally

extinct so obviously that's not a healthy use of capitalism especially when you apply that to humans which i suppose will happen certainly rhino's the difference between family and central banks group them and i like this it's a great image you know you champagne the pyramid you know the champagne kind of runs out after the first year because if you live in near the central bank just like if you're a defense contractor and you live near washington you get rich you live you're living upstream if you live downstream you end up in prison or you wind up with you know your purchasing power going to. so it's just proximity to capitalism of proximity there's no economics behind it there's no school of economics it's all this just. old system that is the caving right now is we have a system whereby if you're next to the new york fed and this was actually shown through collecting data from yellow taxis in new york city what they found is that

there is indeed even though the new york fed is not supposed to talk to the banks about what policy is about to happen and where interest rates are about to be set their way there is evidence that they do go and see each other and meet between midnight and four am down near the new york fed so taxi data reveals the truth don't trust verify that data from there would verify that they are colluding and they're giving inside information they get easy access they get zero percent interest rate money and then they pollute it and give it by the time it gets us twenty five percent interest rate with everybody's basically equal everybody has equal access they're all on a level playing field there's nobody with cream minus nobody with you know an easier access everybody's. equal par this is the pattern of price we've seen we started twenty eleven with bitcoin with bets or at least three or four major eighty percent corrections and if you. really this is a pattern i think this will just continue on two hundred thousand and beyond it is

to me the valuation question it is less important than the adoption question and the adoption question is driven by failure in the banking system they feel that money as i open this talk with the three m. money era is coming to a close the idea of money referencing other c.m. money is now dying the bond markets and huge bubble it's going to crash property markets are going to go through a japan style nikkei average style eighty percent crash and one thing left to buy is going to be bitcoin gold and silver coin has a. remarkably attractive attributes beyond gold and silver blah blah blah b cash is the scientology of crypto. i am one is free to free to compete but i mean why steal the brand why plagiarize oh i see studies on the side of well give us of a hug he's a big b. cash older lookin to run right out of the right time. don't go away states

for much more after the break stay there. it was one of the most controversial products of a time it's a soviet vegetable film that's very cheap. twenty seven production grew to sixty three million. rapid growth an international demand for cheap oil has led to the massive expansion of the plantations which is the destruction of the rainforest. given to these you alone more than ten million as of unique rain forest has been destroyed it's a process that just keeps going. for

a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all children but there was one more question and by the way who's going to be our coach. you guys i know you are nervous he's a huge star among us and the huge amount of pressure to come out you have to go meet the center of the beach hotel with you and do so with all the great the great good you are the rock at the back nobody gets past you we need you to get the ball going let's go. alone i'm just i'm warning you and i'm really happy to join that for the two thousand and three in the world cup in russia meet the special one come on don't appreciate me to just take the reno theology team's latest edition to make up a figure so i need to look.

a little less used to the victim as i do stuff with a few tools and some fun instead i think it's just that my life. when i left that i sat next. to my mates are. alive and i love. all of the world. lives we've got the book the slow. time. and. the. variability mum and i will keep looking down the family i have a difficult time. and the years i live apart from there i don't. know how shame will. kill a gun it will be

a admission from the. good good good. good good. i can. actually. i can't. do anything. when one thousand one hundred thousand. florida.

welcome back to the kaiser or imax kaiser got a couple of special guests coming your way in just a second but first let me just say that people ask me all the time where is because i'm going this because i was the future and the future is technology programming and is are new generation of technologists and programmers who are going to carry this thing forward and the answer is yes i mean it is two young men who i think are going to be part of the future of this space introduce yourself server a my name's nish this and you are and some are some are yes ok so we met here at the big calling conference in in were it around and immediately started to tell me about projects and things that you're interested in and i mean really recognize that you know this is kind of be the future. first of all just talk a little bit about i guess crypto and bitcoin what attracts you to it just in a general sense dish my overall interest was in blocking actually would launch in

what attracted me was the idea that we're not being centralized we're not having banks control everything anymore like essentially institutions control everything and maybe with engine nomics especially we can transact this you know we can for genomics yes is the genome yes the study that i will do you i'm fifteen you're fifteen ok and so ari being taught this in school no we have an outside of school program called the knowledge base id and here we get exposed connection topics like learn skills like networking talking with confidence and all these other real life skills that school doesn't teach you unfortunately ok and your name again i'm sorry some are some are ok so and you guys are buddies i guess in your running in your gang of crypto gang and started here in toronto is your interest also in genome in genomics not specifically saw. in general it's blocking technology in artificial intelligence so in terms of blocks and technology i try really trying to

leverage this technology to solve some real world problems so with a partner i actually built a decentralized medical records out location where hospitals can share medical records securely under private blocking another one of these on the application that i've built as i can essentially as e-commerce store where you can bend it without a third party decentralized voting supply chain and things like that so what would happen. if i did well this is something in the water to do or you know this is coming out of the mouths of teenagers i'm just thinking of my own experience as a teenager and it's remarkably different you know we is a year and they give to the internet you know you've never known a world without the internet you never known a world without smartphones and now you're you've kind of been grown up now in a world of crypto and block change what is it is how do you relate to your peers

are your peers the similarly aged kids are they thinking the same thoughts or are you an anomaly. people are kids in the oceanside the recent play differently than our peers at school and we sort of start to feel as we're talking about this actually and it's sort of just associating yourself with like minded people and people who want to go to the same place you want to go to now i asked you earlier about if you were interested in starting a company you know which implies. making lots of money and things of this nature but the response you gave to me was more nuanced in that you were saying well if that if that that direction might not be the best direction so your motivation is it fair to say that you're not at this point you're not part of the lambo crowd that's like we want to get a lambo right away right your motivation seems to be focused differently is that correct yeah as an event our motivation is to solve one of the world's biggest problems or a we don't. the money will come later ok we can't we don't want to worry about that now we want to start solving some of the world's biggest problems right anybody as

genome and you talk about proteins maybe expand on that a little bit i'm actually looking to approach in engineering and one of the problems i was supplying to solve for protein engineering is viruses and bacteria so before this i was in favor of therapy and this targets this the use of bacteriophages to target back to infections but they couldn't target viral infections so the protein engineer we can engineer the right protein to latch on to the right virus to try and deliver a drug that kills off the virus so radical sickness right so let me ask you this about the soul. in medicine. antibiotics. i hear that they're running out of antibiotics they need new antibiotics and you've got the superbug and all these kinds of things are now resistant to antibiotics are what you're doing does it address that yes phage therapy is actually a solution to this problem and actually giving a presentation. next sunday about this problem and therapy and how it could

potentially help solve this problem ok and you're focusing in on ai is that correct what has drawn you to artificial intelligence i got first i wasn't really interested in artificial intelligence have i like it just what another one of those topics but i say as i saw more and more of it come around me i realise it's actually really cool so i delved deep into it and i found this really cool kind of subtopic of artificial intelligence called reinforcement learning delivered a presentation about that a couple weeks ago and basically what it is is learning on its own so it's basically a machine. reenact a human the way it learns through experience and i think that's really cool because we're we're bringing a step closer to general intelligence. there's a debate that is on a high profile basis between i believe in.