sustain economically in the euro zone when it's all basically the do each mark they're competing against well they have and you know they're forming a government they're trying to form a government they were supposed to form the government by the time we've come on the show but they haven't so you know the five star movement that's kind of the left wing movement grillo used to be the head of it now it's luigi de dimaio and then the northern league which is the far right with me very anti immigrant and very far right northern league they're trying to form a coalition government but one of the things on the on the table is actually a parallel currency for italy and the thing that's remarkable about this is that there's actually a lot of print media about this leading up to the election so from the last year like all the major parties of italy bar one which is 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 would do 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 rate 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 up by silver it could have been the new drachma 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 movable feast of i am a c c b kill and destroy royal bank of scotland ask me. torture steal kill for they might be bringing in

a parallel currency is 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 it 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 what. the united states can say. to you and it's tax on other countries. economic sanctions are often just the

beginning another thing you like to do is place some military pressure on the countries a true talking about. and there has to be an effort to demonize that country and the leader of that country. we have a responsibility for the. weekend to make rules for the rest of. those without us there will be. with us manufactured sentenced to the public will. when the ruling classes project themselves. with the final. the

merry go round the sun in the one percent. we can all middle of the room secure. the room in the real news is really the way. well go back to the kaiser report imax guys are time now to turn to our homie marshall long he's an ode ga bit coin minor is now branching out into other crypto abbott 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 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 a crypto currency trader and miner are dement who harm is baby brains how do you respond to these charges well you know dinosaurs have to die sometime so i guess now the times goes in 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 the toshi roundtable and of course you're one of the established miners out there and we saw this pick your brain 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. 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 so as a thousand dollar 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 with various governments a lot of governments have excess energy going faster they're looking to unload 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 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 out of gold 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 the saul 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 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 narrowly you know cost efficient as well as solar to do that to do that mining you know on 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 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 now 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 backed by nothing and you know mining is the energy intensive right so there's a direct was the 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 loose of the 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 down on the radar and to full disclosure i think it was might have over some exotic drinks perhaps 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 fish so we feel like big coin 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 to 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 to really everyone is ultimately become a master list 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 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 corn 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 and. they did a project called crypto keys tour 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 the theorem you can mine and that's where all these bottlenecks come into place e.o.s. 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 mt is not sit on the sidelines and talk is it like. master now 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 their main man has an even launched. right and dan. 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 to post content to the web now where you see a story that facebook is thinking about coming out with except what does that tell us what goes through your mind it's interesting because you start to see. 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 the black chain it was inevitable has a lot of efficiency advantages as far as how they're going to use that i think is 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 a peter schiff will say there's eighteen other crypto currencies and even you know mr myers got a trip to a currency burger king's got a cryptic 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 peter schiff with 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 what he could just use a trip to cars on your phone and whole 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 you know hero of the space that you are i see you're wearing the pickle and socks of course pleased to give the audience a view that because i thought so what we have here are the exclusive limited edition big socks 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 corners really indeed indeed like guns a little private keys are sewn into the fabric were not a lot of talk about that at this point it's the most it's a lambo of socks that's right all right very good. 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 mates guys or stacy ever want to thank our guest marcia 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 until next time. across europe municipalities are taking their water supply back from private companies to meet people themselves with simple song alone even some company else where they can find private companies to take over the utilities anybody tell us throw post a locksmith's you guys you've got to be violent appear to be cool. pieces of us to quote them out of office and for you to lift still broader 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.

their date downwards the ones. we have to judge countries are shown to be theirs at the rectory of a case so we need more objective but the reality is. you know media tries to give 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 something but it's sometimes actually a different worldview just fake news by powerful people. the police. people who walk on the streets of the united states are at risk from the very people who are supposed to protect that you. are afraid of.

you can see something happening. call the cops. chasing the. you never know better safe than sorry i don't know that someone else is. true. i. was. at the. i.

was. the us is hit by two high school shootings in a day with ten killed by a student in texas and another person dead in georgia. or russia. released from hospital in the u.k. ten weeks he was poisoned by a nerve agent but his whereabouts haven't been revealed. investigators in cuba start analyzing a flight risk. corder from a passenger plane that crashed shortly after take off in a van or killing more than a hundred people. under forty is poised for italy is next coalition government on their program with some radical euro skeptic policies.

thank you for watching the news headlines here is r.t. international broadcasting live from moscow i'm kate. friday saw two deadly school shootings in the united states one in the morning in texas and another late at night in georgia in the second incident one person was killed and two others wounded as an argument broke out in a school carpark following a graduation ceremony earlier a massacre at santa fe high school in texas left ten people dead and ten more wounded. we started immediately barricaded in the door as soon as we got in the classroom i mean a couple fellow classmates were trying to calm the girls down because they were just crying bawling you know that it was real it was actually happening to our

school. several people down there but we got a. lot of what we're not going. to do. nothing got shot of the whole. scene is the largest one out everybody just started running outside and make you know everybody loved him but you hear. it here. playing dead so like if you did you could see like maybe he shot this is what is this is. how the information contained in journals on his computer and cell phone did he said that not only did he want to commit the shooting but he wanted to commit suicide after the shooting.

that's. when the santa fe shooter there has been identified a seventeen year old student demetrius by good says he stormed the school with a shotgun and a revolver he reportedly spared the people he liked and killed those he didn't a total of thirty one people have died in sixteen firearm incidents in american school since january that's two more than the number of deaths in the u.s. military in the same period the worst of the school shootings happened in parkland in florida three months ago.

international law attorney jennifer braden says the problem of gun control is often oversimplified 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 a self-defense method meant to protect against against an attack on a stick government a government that 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. russian former spy surrogate screwballs whereabouts are being kept secret following his release from hospital in the u.k. he and his daughter unio were admitted ten weeks ago after exposure to a nerve agent in the city of seoul is free counties weren't just the of has been following the story. it isn't just the british we all love a story that ends well screwball case that was an ugly business a disgusting inhumane assassination attempt that thankfully failed it is fantastic news that said to screw paul is well enough to live salzburg district hospital that he used there and detective surgeon bailey have been able to leave us so soon after coming into contact with a nerve agent is thanks to the hard work skill and professionalism of our

clinicians who provide all send and care to all 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 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 the scribble no maybe him no wait there's our man. old photo 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 who 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 foreign office of the police the last. bittle for any information please see the gov dot uki page on the incident thanks very email i'm afraid this cripples are not currently doing interviews but we were passed on your request and log your interest thanks nothing mr scribble isn't available you know thank goodness he survived and recovered thank goodness we sended well but a pity isn't it that no one's actually seen anything.

a flight recorder has been recovered from a passenger plane that crashed in havana on friday killing one hundred ten people it was cuba's worst air disaster for nearly thirty years there were one hundred thirteen people on board including five children and six crew members soon after the crash local media reported four survivors although one died on the way to hospital three others are currently in a critical condition when the plane came down shortly after takeoff in a field not far from jose marti international airport there was heading to the cuban city of holden cuber is holding two days of mourning until sunday night local reporter camino has more details. plane that was on our local flight from have an it was given in on the northeastern side of. tourist resort where lots of cubans live. we had a bang and 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 then we saw a police cars and fire brigades passing by. we've been told that the families. of those who lived in all of the victims are being ferried are being brought to have vanished tonight they'll be in iran and 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 case is 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 the local fly

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 boy seven three seven with more than one hundred people on board. the party is likely to become italy's next coalition government have unveiled a radical program which could cause concern for the new artes to hold quarter explains brussels are sweating a bit more than usual these days and it's all because italy's new euro skeptic government doesn't intend on playing by the rules. it is important to abide by budget discipline and especially for italy to continue to reduce the deficit it is important to stay on track being a good italian also means being a good european citizen in.