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tv   News  RT  May 19, 2018 11:00am-11:31am EDT

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the five star movement wanted an alternative currency parallel currency to the euro an order to bring liquidity and credit into the italian market because nobody wants to lend to them we've seen this movie before it's called greece yes they went through the exact same thing for the exact same reason that they had an inflationary boost once the euro was introduced and then they got the trouble because they were borrowing money at the same rates as germany and they in debt of themselves into crisis and now that's moved over to italy now of course italy want to do a parallel currency just as greece wanted to do a parallel currency and steve kean was on our show talking about that extensively they could have backed it by silver it could have been the new drama who got involved the i.m.f. the e.c.b. and the e.c. the troika stop that from happening because they're in the business of killing countries for the benefit of hedge funds like john paulson italy as we speculated back five or six years ago would be the next feast on the never ending moveable feast of i am a c b kill and destroy royal bank of
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scotland ask maim torture steal kill for they might be bringing in a parallel currency it's probably not going to happen with this administration if they are able to form a government but the fact that all the parties there want to want to and the population wants it does suggest that there is either the end of the euro will ultimately end the euro or it could inspire other countries to start doing it across the are the ones that aren't receiving any of the credit flow but the i.m.f. doesn't want it so it won't happen well we've got to go to a break much more coming your way so don't go away. we have to judge countries are sure to lead there's directives bird. so we need
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more objective but the reality is. you know media tries to get the facts but also believe in. their worldview so this is where social media and direct communication comes in unfortunately it's sometimes called fake news or sometimes it is but it's sometimes actually a different worldview the fact they just fake news by powerful people. in some american cities the police have built themselves cling to reputation of people who walk on the streets of the united states are at risk from the very people who are supposed to protect that people are no more afraid of police than of criminals. you can see something happening in these it's like i don't want to call the cops let that happen rather than call the cops in those young black men lose their lives chasing the same goes on the trigger you never
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know better safe than sorry i don't know that someone else is going to pull a gun yet unfortunately around around here we end up on our guns are still from such preclusion this place true. across europe municipalities are taking their water supply back from private companies to me to people this will simple song alone even some company elsewhere though they can find private companies to take over the utilities anybody tell us they're all. allowed. to go. this is. just because i'm out. for you bill brought up locals are ready to stand up for the basic human rights of access to water it's about water but it's also over much more than war it's about the hurt and the redistribution of. this.
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debt downwards we want all. well going back to the kaiser report imax kaiser's i'm out of cern so our homie marshall long he's an ode ga bit coin minor is down branching out into other crypto abit as including ios dot fish we're going to learn about that in just a few moments marshall welcome to the kaiser report they so much max good to be here good to see you oh yes fantastic you know we have been you know part of this cryptic community for a number of years now and we've seen all kinds of ups and downs and crazy kind of trends and we're at a moment now in history where the jurassic park old guys like charlie munger and warren buffett are weighing in with their comments and according to them you as
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a crypto currency trader and miner are dement who harbors baby brains how do you respond to these charges well you know dinosaurs have to die sometime so i guess now sometimes good as any five or six years ago you know the trolls that would come and try to kid is the crypto community being involved in something that was awful of course they were low level people living in their basement it's very not that billionaires coming out after us jamie diamond i think that's got to be a good sign i think that's the only sound we're looking for at this point when that when the old grey haired dude started trying to come for your money that's why you know you're doing some right here in mining and you're still mining of course ok and morgan stanley recently claimed that big coin miners lose money on bitcoin under eight thousand dollars per coin now we talked about this and can't couldn't at this potentially round table and of course you're one of the established miners out there and we saw this pick your brain
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a little bit here what do you say to that statement i feel like those people are incredibly undereducated and use a very western sense of what costs are in general we don't find any. it has under over four cents per kilowatt hour for power cost or cost is a big driving factor in what they would call the price of production and their projections are very over exaggerated however that's just because they don't know what you can get power for when you sign deals with other government bodies a thousand dollars for a coin is highly inflated but there is a some point a price for a coin that does affect mining correct what you're with your actual energy costs and as you point out you're always looking to do deals of various governments a lot of governments have excess energy going fastly they're looking to unload so for them it's a win win right they just they would not use energy anyway and so you're out there scouring the globe for energy so now it's energy efficient sure if there's a surplus why not use it to secure a block and i mean this idea that big bitcoin is energy inefficient right there is
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one reason why it's not no other reason would be that well compared to what not compared to the dollar right i mean all the energy the dollar the pentagon are going to fall or have a cold now if there's a surplus why not use it for mathematically provable security instead of some stuff that they're doing around some u.s. funded basically terroristic activities right the u.s. dollar is takes a lot of energy to make us dollars are backed up as by the military and the phrase you keep getting in there mathematically proven mathematically sound mathematically . you know immutable right it's an immutable tradeable value over the internet let's talk about this discontinued response to this all idea of mining being you know in the ecological disaster i'm thinking about iceland these geothermal energy so that's just come or it right out of the ground it's literally the pump up that's that's where it's coming from it's all from volcanic activity underneath steam
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powered a lot of the stuff in iceland also big countries like sweden they're closed off from the rest of you as far as their grids concerned not a lot of people live in sweden but there's a lot of power in sweden so you know some of the top. five miners are in sweden now . also there's a lot of stuff like cambodia and all these other places that aren't densely populated there's just extra power that they can't do anything with and now with solar coming out there's a whole other new demand dimension that you know power used to be consumed a lot during the day because of the heat now solar panels are more efficient during the middle of the day so the power curve has changed solar electric power is the cost is dropping down down that a some particular like a microchip is just becoming a very short airily you know cost efficient to do that to do the mining and the technology side on the chips etc the chinese company about. you know what give us a little potted history of that whole storyline that's been going on sure so you know most of the six come out of china there are
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a few exceptions however these are the people would specifically he got in a group very early around the same time i did and he had a really big appetite for risk and took some big risks to make help make one of the first mining chips and that's where they cut their teeth and now you've got big companies like intel samsung all these companies coming out with prototype chips and they're not as good as jihan stuff in fact just because he's been in the game doing specifically crypto related chips for so long nobody can touch him at this point right and people suggest that there's a potential to monopolize the mining with those guys but is that a fair statement are not really at the end of the day the brains behind the operation are employees and employees move from company to company and you see a decentralization of employees over the technology so there's always room for improvement and when the brains kind of get dispersed to different companies you see it in centralization effect there right now if people argue that because it's
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backed by nothing and you know mining is the energy intensive right so there's a direct connection there there's one hundred percent correlation between how secure your block chain is and how much power you burn for proof or coins right. back by way it's backed by the security that you use your burning power to secure your chain and that's what is backed by backed by energy that's it and. why this is a list of to folks not exactly sure but let's move on to your next chapter in crypto life so you've got. fish and you're becoming maximalist yourself but you know this fish is now on the radar and to full disclosure i think it was might have over some exotic drinks gratis or was maybe was puerto rico i can't remember exactly when or how but now max and stacey aren't fish and did what if you got us into a few flavored drinks with the few umbrellas later and you guys are now in us to
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fish so we feel like big point is cool and all that but that was just chapter one in the crypto story theory i'm going to push the envelope a little bit further and we think that us is going to be the next kind of big push as far as the next tech revolution as far as blushing is concerned so what we've roped into there is basically layman's terms of theory in two point zero but better i would say ok so compete of the theory am in let's call it the smart contract space sure it's smart contracts two point zero as well call you for blocking two point zero now we're getting to a smart contract two point zero you know i'm a big claim maximalist you know i came to that after a few years realizing that you've got a really everyone is ultimately became actual is because this is the never going to be no one like because i and it's got the. pedigree and the thrust in the market to do it it has to do but. it can can live side by side sure
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and they serve different purposes you know you know as you can think of as kind of the operating system and you can think of big point as more of. the hardware behind it because big coin is is is a great project and it's very widely adopted and theory and even is having trouble getting to that point and us is more about the software layer and the two point zero what we used to call the web two point zero things like lift and these kind of companies are now the three point zero version this is kind of what us can enable to go. on the scaling side of things you know. they did a project called crypto kiddies which seemed like a clogging up very quickly. would this be a little more robust it can handle a lot more volume a lot more transactions and the way that it knows that is a lot different it's more about it's more of a community driven force so with a theorem you can mine and that's where all these bottlenecks come into place us
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has a concept called block producers which is where us to fish comes in but it's more community focused because if you mess up then the community can vote you out of you being able to be a block producer so that's a big part of what makes us great is that the community decides who gets to kind of do what they want and they vote with their with their tokens at that point so it's put your money where mouth is not sit on the sidelines and talk is it like. a master node it's similar except there's more power to the stakeholders and us ok and it's already like the number five going to market cap that's right and there may not have been even launched so right and dan maher is kind of the guy was also with chairs and steam it. got to be very project successful steam is you know paying people now do post content to this or to the web now where
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you see a story that facebook is thinking about coming out with a trip what does that tell us what goes through your mind it's interesting because you start to see. a polarization. you'll see you've got the big old gray haired guys from wall street saying they hate crypto and then you have big companies who basically run those old guys saying no we're going to also use it so now you're seeing the split again which is quite interesting as far as big companies getting in to block change it was inevitable has a lot of efficiency advantages as far as how they're going to use that i think is a way to be seen in the adoption rate. we'll see how she goes i guess. of course the bay coin. bacon back point and now this is i mean most delicious of currency i mean this is obviously is the company is saying block chained to as a promotion we saw this a burger king as well for does this take away from the space or doesn't is meaningless the reason i mention it is because someone like
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a peter schiff will say there's eight hundred crypto currencies and even you know mr myers got a trip to a currency burger king's got a trip to it seems to feed his first options for. a little bit about why that's proper probably wrong so in general the great projects will stand out and the silly projects will just fall by the wayside and the silly projects are what feed the trolls to be able to have more fuel to come back out and so i think in general the projects that are worthwhile will continue to outshine the rest of them and the ones that aren't worth anything will just fall by the wayside eventually yeah i remember seeing a video of peterson forth a combi which is a gold card that you can break off into your grand candy bar and he's saying you can he's out of the store to pay for stuff now that's obviously doesn't scale very well but you can just use a trip to cars on your phone and bill thing that was just like old so i don't have to carry around forty pounds if i want to buy a car or something right. all right fantastic so being the fashion forward thinking
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you know hero of the space that you are i see you're wearing the pickling socks of course pleased to give the audience a view that because so what we have here are the exclusive limited edition big point stocks very rare indeed what you can see is many different big queens on the socks going right into the shoe these are indeed very limited and only acquired by the true big winners really indeed indeed like guns a little private keys are sewn into the fabric we're not a lot of talk about that at this point is the most it's a lambo of socks that's right all right. well marshall thanks so much for being on the kaiser report thanks so much max all right well that's going to do it for this edition of the kaiser report with me max geyser stacy every want to thank our guests marshall long miner and now with ios dot fish and you can catch that on line. dot fish if you want to catch us on twitter it's kaiser report in select time.
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twenty forty you know bloody revolution of you tube demonstrations going from being relatively peaceful political protest to be increasingly violent revolution is always spontaneous or is it you know here i mean your list put me in the. schooling me to the former ukrainian president recalls the events of twenty four. those who took. invested over five billion dollars to assist ukraine in these an article that will ensure secure and prosperous and democratic. united states. and its tax on other
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countries. economic sanctions are often just the beginning another thing you like to do is play some military pressure on countries that you're talking about. and there has to be an effort to demonize that country and the leader of that country. and it's a responsibility for the. weak to make rules for the rest. because without us there would be. g.m.a. such genetically modified organisms in the system and in the food industry in the
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one nine hundred ninety s. . i just saw him taking that and knights and what does that have to do g.m.o. . trysts. almost sort of. like a tree is a chemical widely used to kill we. see the most widely believe the service might be the old the beer is because. they was closer to a bunch of. possible temptations. that can occur in future scientists prove that she in context really awful on the human race to science service to the world free of g.m.a. in crisis eight which may even be able to see as we pass the points of never send.
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shooting in u.s. high school. years. is released. ten weeks after he was poisoned by a. nerve agent whereabouts are unknown. a passenger plane crashes in cuba killing over one hundred people. are reported to have survived. and the parties to form a coalition government. some of the.
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headlines this hour. international a very warm welcome. to shooting in u.s. high schools. in the morning in another. georgia in the one person was killed and two others injured after an argument broke out at a school parking lot the crowds were leaving a graduation ceremony at the time and. at another u.s. high school ten people dead and ten injured. i turned around to see who's in my food. i see me every day and i saw him show.
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he was wearing the trench coat it's kind of to kill. somebody but down a little bit about. that a little we're no longer learning. it in. our home and soon as the alarms went off everybody just started running outside and next thing you know everybody. just ran to. nearest forest so i can hide my. we also got in the back and i grabbed turn around the trees you know i don't mean sight. i heard four more shots and then we jumped the fence and you tell us in the end of the car was the. shooter has the information contained in journals of his computer and cell phone
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did he said that not only did he want to commit the shooting but he wanted to commit suicide after the shoot. it's. just. the shooter has been identified as a seventeen year old dimitrios go to it's he stormed at santa fe high school with a shotgun and a revolver and later surrendered to police several homemade bombs were found at the scene but also at the suspects home as well but just four weeks ago santa fe high school students took part in a nationwide walkout against gun violence it was part of the never again campaign for tougher gun laws started in february are survivors of the parkland massacre that was the third deadliest school shooting in u.s. history but they have become a worrying trend. we
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discuss the issue with international criminal law attorney jennifer bruton she says it's easy to oversimplify the problem of gun control you know we have one side going for more mental health issues screening wanting to protect that and the other side we have just gun control in trying to demonize things like the n.r.a. and i think there are aspects to both you know there are these gray areas which in america we're sort of losing when it comes to these political talking points so i think there are some gun control issues that i do agree with for example you know allowing american citizens to hold firearms and to carry firearms was
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a self-defense method meant to protect against against an attack on a stick government a government to become oppressive against the people and that was to protect our families and self-defense they never considered assault weapons as part of that self-defense or some of these mass military grade assault weapons and so we're also looking at families absolute failure to protect their children their young ones who are who might have issues the parents would know best from getting a weapon that could kill people when the parents have the responsibility there we're just looking at a lack of responsibility on many aspects in us society here. former russian spy is sort of his quick pals whereabouts are known after he was discharged from the u.k. hospital on friday he and his daughter yulia were ten weeks ago after exposure to a military grade nerve agent in the english city of souls bridge that goes dia shed some light on this story. it isn't just the british we all love a story that ends well screwball case that was an ugly business
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a disgusting inhumane assassination attempt that thankfully failed it is fantastic news desk serug a script pal is well enough to leave salisbury district hospital that he yulia and detective sergeant bailey have been able to leave or soon after coming into contact with this nerve agent is thanks to the hard work skill and professionalism of our clinicians who provide outstanding care to our patients day in and day out fantastic indeed poisoned with one of the deadliest nerve agents in the world a mere drop of which can kill a dozen people and he's out of ospital in mere months miraculous almost that anxious to the good doctors this is a remarkable turnaround is that for us a remarkable recovery really it's amazing it's incredible how they were able to recover the public wants to see their hero as he leaves the hospital is that
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with the scribal know maybe him no wait there's our man. old photo well that's anticlimactic there's nothing no photos no videos of him leaving the hospital but it's also strange strange because the british government was ok with taking photos and giving access to alexander litvinenko and was poisoned with polonium who was dying not recovering who was in a horrific condition mr litvinenko was poisoned in the pyne by of the millennium hotel in mayfair in central london in two thousand and six and here we have missed the square pal who is far as we know no one photographed at the hospital we even wrote to the for. or an office of the police the hospital for any information
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please see the gov door yuki page on the incident thanks very email i'm afraid this cripples are not currently doing interviews but we will pass on your request and love your interest thanks nothing mr scribble isn't available you know thank goodness he survived and recovered thank goodness the sended well but a pity isn't it that no one's actually seen anything. over one hundred people have died in a passenger plane crash in cuba on friday night shortly after takeoff from havana there were one hundred ten people on board including six crew members soon after the crash local media reported that four people had survived one of them however died on route to hospital three others are currently in a critical condition the plane's flight recorders still have not been located the plane reportedly came down in
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a field shortly after taking off not far from the jose marti international airport it was heading to the cuban city of holguin already saying a full investigation into the causes of the crash will be conducted a local reporter one as details plane that was on a local flight from have an it was given or given on the northeastern side of. tourist resort where lots of cubans live. we heard a bang then there were a lot of ambulances and police rushing by and when we came out here we could see smoke. there was a bang and a column of smoke and then we saw police cars and fire brigades passing by. we've been told that the families. of those who lived in olguin of the victims are being ferried out being brought to have vanished the night they'll be in iran are helping in the identification of the victims the three survivors are women and are in hospital one of them was being operated on the others are being studied their cases
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being studied we don't know yet but we will know soon. they have promised a full investigation top cuban authorities were on the side on the scene of this tragedy the president himself president. has just been sworn into office he was there the minister of transportation was there everybody was there trying to help and figure out what happened it's a tragedy by all means. a local flight a passenger flight that airlines had leased from a mexican air company global air i understand is the name and on the crew was a mexican crew also. but a very very sad situation indeed a buoying seven three seven with more than one hundred people on board. so what looks like becoming italy's next coalition government spearheaded by the five star.

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