it's just ever going to happen of course these new rules came out in the e.u. regarding privacy for example and all these tech companies had to change everything and i just noticed that over the weekend because we've lived in the united kingdom for so long i have had dozens and dozens and dozens of emails from all these british companies saying to to new european privacy directives here's our new policy on privacy so it's like there are all these just online about people throwing their computers out the window because of this hassle but nevertheless they're having to abide by these european regulations anyway in order to stay part of that you're the customs union better member of the new passports of the new color has been manufactured by a french company well we're going to take a little bit of a break here don't go away much more coming your way. when

else seemed wrong. why don't we all just don't call. me. yet to see how this day comes to. an end game treatment equals betrayal. when something you find themselves worlds apart we choose to look for common ground. fifty years ago pregnant women to a concert go on as a sleeping pill and dusty's would turn me in because i like to just said this thought the side effects were terrible but not on known as shown in dutch one for bald love mortal here not the war. will come up across europe

victims are starting legal battles demanding at least some compensation. in two ways first will the physical damage itself but as well that the concert mind that the people who actually perpetrated this crime has never been able to justice and there has been a couple of. right now if you. will.

welcome back to the kaiser report imax cassar time now to turn to jose rodriguez he is of bits dot com jose welcome back thank you max always a pleasure being with you but it's great to have you back on the show it you know one of the guests that we've had going back to the early days of big oil and who have really been part of the growth of this industry and it's a bit so i guess the largest crypt alembic going exchange in latin america that's right we just surpassed half a million users well it's phenomenal growth and it shows that this coin bitcoin is had really a profound impact on the global economy and the lives of millions of people all over the world who now understand what it's all about now apparently our show kaiser report you know was responsible for installing a new leader in mexico that's what the press in mexico is saying this is. obrador

is the result of max kaiser how will this impact the currency markets in mexico and i guess bit yeah well right now there has been some fluctuation in the exchange rate we are in the higher and the highest rate that we've seen in recent years there's a lot of bullets in the dim certainty. according to surveys he is the one heading to be the president of mexico but there's still some over a month couple months before the elections will take place but it looks like after it's his third try trying to be the mexican president and it looks like it's probable that he's going to become into power and much push by keiser report. but said other words you don't really have a scenario of impacting your business materially one way or another but let me ask you this the. yeah the mexican peso has tumbled by double digits as had all the

other emerging market currencies as the u.s. dollar has soared in value and how does this impact our business yes there are some people that like to invest stored by u.s. dollars for example where an election is coming before ninety ninety four each six years that mexico elections take place every six years they used to be a huge devaluation and inflation every six years when outgoing and incoming new president came in so there's people who would like to save in and you as always and there are some people that also because of the ability lead to the having their like they have one to cover future payments in u.s. dollars or cover up and well because it is a way of doing this encrypt their currencies but also as we know it's a way to moving money in and out of the free markets right and to get back to the political scene a for a moment so far as

a leftist and what this in your view. the domestic economy does it need a bit of a lefty to come in and take away some of the excesses one finds when the right is in power for a long time or what have you yeah so he's viewed as the most leftists option but what is funny is that because he has had this presidential run being so successful with with left the protective pole he sees the other candidates are also doing the same type of folly so even the ones perceive the far right are doing also those kinds of policies so he's move the needle of discourse and so the going forward the policies would be in place on the regulatory front how might they impact tripped up because every country is down evolving regulatory framework for crypt out something that trades are open they try to attract tripped up as a some countries are real. telling the crypt of business mexico to me given

a history the banking system would benefit hugely from adding a more crypto based currency and better relations with a tripped out as just a way it would be to me a left wing issue said the problem is that there have been you know some bad actors in the banking sector that have benefited the you know the richest of the rich so your view on that you know unfortunately as you say makes us have one of the biggest cases of money laundering in the financial system we have one of the largest unfortunate cases which is b.c. for example and reg no what happened in the other side on the fin thickset is that they just passed the thin thick law in mexico the beginning of the year so right now all the fit the industry is being regulated and there are there are no some clear rules including us scrip the currency exchanges which is good because no you know how you you can interact with regulate the players for example stockbrokers

banks different regulated and yes and there is some clarity with whom do we have to work with in order to get for example more cryptic or is this into the exchange are we going to react if and different financial services and how are we going to interconnect with the mexico financial system it was like well wes i would say before last year right so you were in a bit of an island an unregulated island which was has a certain appeal as a counterpoint to the banking system that was perceived as being run and an inefficient way or by a lot of bad apples us some use that term but what you're saying is that to grow the ecosystem at this point to have some regulations that apply to everyone in the space to give interoperability between you as the crypto guy and everybody else out there the banking insurance all the other financial products out that the two. that

extent the regulation is a net plus and also it's a way that you've seen it all over the world and in other countries has come to. give more and more than they now make economy and also bringing new players there probably are for example the own bank there are people there who have access to credit or people that do not have access to financial services so that is also an advantage of that we have another fix have a reaching out to this people bringing into this economy and financial services of they wouldn't have access normally so we make bro and develop right so you know in the early days of kept out you know they were down the street was all as this exchange got hacked that exchange got hacked but of course the script was dominated by the best engineers and minds in the world that have gravitated toward this space they incidence of these access been reduced dramatically meanwhile in the legacy banking system not so much protection against attack so there's been a major hack

a mexican banks tell us about it as if impacts are business if it all yes there had been something lace in transfers there were some rumors. banking's good banking system going had the banks got hacked there isn't much information flowing but now there is so information that they were actually able to create to this phony accounts and transfer money out of the banks and wow it has been infected and is that there's a contingency in the banking system and there's delays in transfers so for example there's a lot of users that we throw money from from but so are the president a bit so a normally we did a great integration in which this is an instant transaction and right now it's taking hours and it's not only us it's the whole banking system because they're in contingency there are there are flowing very slow. really they're trying to find

out what went has happened and they're they're doing the best a geisha and turn the best money i mean on the banking system they number of hours and days it takes to clear trades could be three days could be a normal clearing time and if there's a problem the system works so slowly that they many times can fix these problems before it's noticed because the whole thing kind of goes slowly but with crypto on the scene and as you point out instant transactions instant confirmations when they legacy banking system slows up for any particular is that it shows up quickly and people are aware there is a problem this is a distinct checks and balance i understand actually in mexico now they're bringing on another exchange and to compete with the current exchange it's been around for one hundred years. talk about that a little bit yeah we only had one stock exchange in mexico which is called dublin somebody's going to they were lotus so different from for example in the u.s. where you have nasdaq you have bats you have a new york stock exchange mexico there was only one so this also made that you had

no competition and there were there were no incentives for example to challenge someone for and for and for an i.p.o. and different type of service is a better system and so this so right now there's there's a new stock exchange gold biba. and they're just finishing up the last the start running and now they're going to compete for orders now they're going to compete for better technology more i.p.o. so it's going to help develop also the it sounds like some competition now and it's going to be better for everybody yes definitely and one of the bits that they have is c.e.o. they brought. a very experienced person who has been leading venture capital funds and she was like the president of the mixed group which is the old the bencher capital funds and in mexico so probably we're going to see new players and startups coming and making i.p.o.'s

a mixed. go because there aren't many i.p.o.'s in mexico mexico city is an unbelievably charming city that while i love to visit and it should attract. crypto community above and beyond what is already there you've already got a thriving line you know it's funny we were talking yesterday and i said how did the earthquake impact your guys and it's really a testament to the agility of this industry and compared to the legacy system because the answer was well you know we live the next week we're already in a new location now imagine if this happened to an old line bank earthquake damage and tons and tons of employees the legacy systems old computer systems and they would still be a theory out what to do in the event you guys because it is kept up because it is so agile because it is a new paradigm you are up and running in days in a new location right yeah we have to be running twenty four seven fortunately our

building got damaged and we have to move out of there. but yeah we were up and running we were twenty four seven we had some delays for example in customer service or entering tickets but we kept them running and we kept on business as usual right tell me about the demographics of the customer base she said in a half a million users what how does that break down demographically so most usurious are between twenty five to forty years over each. we have made some surveys to see what is what is the type of profile and we also see what type of people so most of them are people that have either a bachelor or a master's degree they have some interest before it was only and taken that decide now you're seeing more financial and economic people coming into the into the space and also finding out even if they want to trade of their one main best if they want to move money that there's some answer to all of this and so they're. crypto space

so more and more people besides the technical side are coming and being attracted into the training space and we're also seeing that is very impressive as this new generation of traders that you hadn't seen. any time in the xico because we're right now we have more accounts than old stock brokers in mexico together so we have more users than them this is a massing so the culture of owning stock and owning equity and being a shareholder and the capitalist system was really not part of the mexican culture you know and the guys are a startup even around what five or six years and you already have more accounts than all the stockbrokers just combined yet so and these people are not crypto savvy they're trading savvy and i mean that's i build an economy i would think yeah you know so i mean you they may get attracted by bit corn or ship their currencies that's your was a great year in and returns and what happens afterwards is that they diversify and

they go they start trying go probably i should invest and precious metals probably i should invest in stocks so yeah as you say this develops the economy those of ellipse investments and now it's they're getting diversified people that bought a twenty x. for example this year well they're now. experimented with with stocks for example and they're trying to build a portfolio which is happening in the other way around then you guys possibly would also go into brokerage right you're thinking of that are right now we are we are opening our institutional sales area so we have been very good with retail customers but we haven't been in the past so good with this person the vice and institutional investor site and that's something that we are focusing right now especially me. in this and we're also creating this bridges for example like you mentioned with the new mexican stock exchange we just made an event we just go.

listed in thomson reuters of the old our markets through block stream we got listed also in nice data services so we are getting all those bridges built for institutional investors to see how we are able to service and to bring information and financial sounds like a trip for us to mexico city is coming up again soon we must kill you must say thanks again for bad guys report thank you very much max that's going to do it for this edition of the kaiser report that's me max kaiser stacy everett or i think our guest knows a lot of he is with a bit dot com if you want to reach us on twitter it's kaiser report and i stopped by a. so

what we've got to do is identify the threats that we have it's crazy in front a shouldn't let it be an arms race off and spearing dramatic developments only really i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. so. you never know what's around the corner you never know what's in the pub you can walk into excitement it's not knowing that's where the adrenalin much comes from. and you can use a nice clean definition and the extremes will support. the violence is a pug and it's almost a schizophrenia. where you can do all these things and behave badly.

important people of course qualify that all for people in political circles more social the last. undismayed and infirmed. role and good on follow us from the start . i would roll to where the five boroughs really did a poll down going to fulfil their. meaning in these means that least if you don't win the involves it comes from the involvement of. what politicians do you ship to them. they put themselves on the line to get accepted or rejected. sold you want to be president interim. or somehow want to. have to go right to be first to see what before three of them or ten people that. interested always at the water's edge. there should.

that. terrorism is one of the possible motives being considered in a shooting in the belgian city of creation which has left four people dead including the suspect. an f.b.i. informant a response u.s. politicians and the media are confused over how to describe the role of the cambridge professor he said to infiltrated donald trump's election campaign. these really navy intercepts a palestinian float still a trying to breach a decade long blockade local correspondents been reporting for us from one of the bugs not just the. one. just like. it's

something happening now he started to feel that it's getting. for those of you watching us for the first time. international. in belgium two officers and a civilian have been killed in a shooting in the city's police chief now says that his personnel were specifically targeted in the attack. this video appeared online and is said to show the area of the attack can be heard more details now from artie's peter all of the gunman has been killed by police we understand that he got ahold of a weapon after disarming. two of the the two police officers that were killed what

we're hearing from the interior minister all. is. offices are on the scene investigating but they're trying to get to the bottom of the potential motive terrorism is just one of the scenarios that they're looking at right now but when it comes to just who the perpetrator of this attack was we are starting to get more information from the local media that he's being reported to be thirty six year old man who had just been released from prison yesterday on on monday the twenty eighth but belgium is no stranger when it comes to terrorist attacks attacks in a similar vein to this one if we look back to just last year in august of twenty seventeen two soldiers were attacked by a man wielding a machete they were just wounded there were also other isis inspired or isis claimed attacks involving police officers in both october and orcus twenty sixteen

and the thing is those soldiers ambushed police they were in the most part of the streets and more visible because of the suicide bombing that took place on the twenty second of march twenty sixth enough those three suicide bombers that blew themselves up in both brussels airport and on the brussels metro as well they killed thirty two people so the very latest as we have it three people have been killed two. a of them police officers one of them a passer by as a gunman opened fire in yes we also understand that two of the police officers have been wounded and officials are saying now that the attacker was killed at the scene shot dead by police officers. america's split again and not just along party lines this time it's about one word spygate the terms used by donald trump in reference to the alleged planting of a mole in his election campaign by the intelligence services the department of justice describes that person as quote an informant so is it just semantics takes

a closer look. there are many out there who would and do call into question donald trump's business promise but there's no denying the guy is a branding machine and his labels have a tendency to work like gangbusters mark you know little mark he's a lion ted and you know that's his name we can have men rocket men sick puppy shooting rockets all over the place through kid hillary crazy bernie he's crazy is a bit but you know he does it with terms ladies hashtag where the buzz word is spreading like wildfire he came up with this one to remind anyone who follows his twitter which is everyone that the f.b.i. may have spied on his campaign through a confidential informant but that sounds all official and is definitely not scary or catchy q trump we now call it spygate. spygate adding a gate at the end makes it so much better doesn't it watergate deflate gate russia

gate priceless and according to some anonymous sources that spoke with the a.p. terms choice of the word spy was not an accident he allegedly picked the term believing it to be more sinister and likely to be picked up by the media and if that's true boy was he right the revelations of the obama era political targeting grow more ominous by the day trump claims the f.b.i. may have been spying on his campaign he's kind of upset with the read an article in the new york times seems to feel that there was a mole or a spy in this campaign ok no surprise that fox picked up and ran with trump's phrasing but seriously it's common knowledge that if a toddler is throwing a tantrum you simply don't give them the attention they clearly want the fake scandal the trump scripted for us in the media this week as a name one we're not going to repeat this morning and has tweets to go with it which i am not going to read because reading those tweets is what he wants us to do three even joy get m.s.n. b.c. could have been a shining beacon of rationality for the rest of the media to look up to and not

give trump exactly what he wanted but no. president trump has seized on this new branding effort to discredit the discredit the russian investigators and i don't really know where. spygate and it just went on from there after running out of steam either supporting or contradicting trump claims little hint either way it still works for trump they want on spending air time distracting the semantics at play here we give you the great debate of informant first by what's your reaction first to the tweet and second to the distinction between a spy term on the president is using an informant there one in the same a confidential informant is someone who was informing confidentially in other words spying you may call this person a confidential informant that sounds perfectly fine right but what if it's a spa funnily enough and a breakdown of the coverage of translate this phrase by the washington post we were mentioned as having not picked up on it but you haven't said it yet but this whole

time i haven't thought it ok well then spygate spygate by get so we move on now. the individual at the center of the so-called spy gates is cambridge university professor stephan how per who apparently contacted several of trump's aides they were suspected of having links to the russian government something they deny the media analyst lionel believes that the real issue has been lost in the media buzz it's amazing how they focus on the word to spy versus informant when in fact the real question is what is the role that this gentleman was involved in what was mr helper. who cares is he a spy what do you mean by that they also go through these great graphics of how many times you used the term and and did he needed in this context the same thing happened when trump used the term wiretap they said there was no wiretap and they

kept the we were correct because they were focusing on the the age old wiretapping of your verses surveillance in the one i mean are they that serious did they miss the point the point is not whether this gentleman by the way was outed by the media. question is not whether he technically falls under the the definitional rubric of spy vs informant question is what was he doing there in the first place why was mr trump the subject of this type of directed intelligence rooney in the first place and the center. meanwhile israel has turned back a group of palestinian ships trying to breach the gaza blockade and sail to cyprus the boats were carrying patients who've been wounded in recent border protests as

well as students hoping to get an education abroad local correspondent him couturiers been in the middle of the action. so we were here ten am says the morning and there were a lot of tossing jewish that poor bridge just trying to leave on the boats he went into the sea with eight not a clue miles. what happened as we saw the war ships going very close to these boats that had all these pups passengers this is how the story developed. so now we're in the middle of the sea as you see there are tens of tens of goats caused a leak into the sea to turn out we know that there we are going to sail through out of the line of where and not of the line as it is the last point we can we can reach with that palestinians are continuing to create much of return events and they're continuing the protest but here today in another way this is more of it and that's not to break this season has been imposed on gaza strip for more than eleven

years. so now we're ensuring the for not a pullout that you started to see is right warships up and. coming closer to the palestinian boats that but they started asking them to leave that this would still not clear were trying to get closer and to see what's happening but all we see is is right you warships going closer as big as very close to the palestinian protesters both palestinians and one wants to go back to the seaport does and something big happens with it now we started to feel that it's getting a bit dangerous what happened at that time that we went back to the to the seaport because it was very dangerous naval forces arrested and control the boats that were launched from the gaza seaport today the palestinians hot the new way of protesting where in the past month they were.