i'm here about the u.k. economy it is it has been hit definitely by this whole breaks it drains man who knows what's happening whether or not breaks it happens i think people will still be talking about pricks in twenty thirty years time when it won't have actually happen nevertheless landlords left with four shards skyscrapers worth of empty space in the high street bloodbath this big companies like jamie's italian all of these chains. that they have a whole bunch of them listed here but the fact is that in figures compiled for the evening standard colliers international forecasts that the blood bath and the retail on restaurant sectors will leave at least six point two million square feet in the u.k. vacant this year of that six hundred thirty thousand square feet isn't london of the property agent examined statistics from the local data company and goad portal it looked at stores which have closed either because firms have collapsed or restructured using a company voluntary arrangement

a move which allows businesses to quit stores or seek rent cuts so they using the c.v.s. as they're called so what is it called company voluntary agreement and they're able to get out of all these leases and landlords are left holding the bill on these overpriced properties and in a shrinking economy and with huge business rates on these small companies that the u.k. government is no longer going to be able to collect the whole extent this idea being independent it defies one hundred years of integration into europe it's absurd i understand that everyone likes to be independent but it's never ever ever going to happen in any meaningful sense of. the kingdom 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've had dozens and dozens and dozens of e-mails 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 jeff's 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 as i 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 just don't call. me. yet to see how this day comes to. an engagement because

betrayal. when something you find themselves worlds apart we choose to look for common ground. fifty years ago britain and we've been to a concert going on as a sleeping pill and dusty so don't leave because an actor does what he said just the scientific sweat terrible but not on the road as shown in dodge one for boardwalk will be here not the war then boom boom up across europe victims are starting legal battles demanding at least some compensation in south in two ways first will the physical damage itself as well that the constant mind that the people who actually perpetrated this crime has never been able to justice and there has been a couple. for man are sitting in

a car when the fifth gets shot in the head. all four have different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the less do not share around a corner. welcome back to the kaiser report i'm asked as are 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 if you're one of those 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. obrador is the result of max kaiser how will this impact the currency markets in mexico and i guess bits 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 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 your business yes there are some people that like to invest or 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 us always and there are some people that also because of the ability to that they're 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 for in markets right and that to get back to the political scene a for a moment obrador as a leftist and would 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 is it what he of 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 this protective poll he sees the other candidates are

also doing the same type of folly so even the ones perceive a far right are doing also those kinds of policy studies with a needle of discourse and so the going forward the policies would be in place on the regulatory front how might they impact crypt because every country is down evolving regulatory framework for crept out something trades are open they try to attract tripped up as a some countries are. repel ing they tripped up as mexico to me given the 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 because they had the problem is that there have been you know some bad actors in the banking sector that have benefited 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 fic industries being regulated and there are there are no some clear rules including clause scripta 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 cryptocurrency 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 in an inefficient way or by a lot of bad apples as 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 his interoperability between you as the crypto guy and everybody else out there the banking insurance all the other financial products out that the. to 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 reaching out to those people i'm

bringing into this economy and financial services of they wouldn't have access normally so we make grow 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 the incidence of these axes 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 our 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 hag 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 inspected 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 bits o. or 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 going very. the leak they're trying to find out what went has happened and they're they're doing the best to geishas internal yes money i mean in 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 stand 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 exchanges spent on 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 buy 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 there were there were no incentives for example to challenge someone for and for and for an i.p.o. one different type of service is a better system it's over so right now there's there's a new stock exchange gold biba and they're just finishing up the last detail is to 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 as their 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 in the. 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 ph krypto 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 in 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 employés legacy systems old computer systems and they would still be a theory out what to do in the event you guys because it is tripped 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 warming best if they want to move money that there's some answer to all of this and so the. crypto space so more and more people besides the technical side are coming and being attracted into the training space and what we're also seeing that is very impressive is this new generation of traders that you hadn't seen. any time in the xico because we right now we have more accounts than old stock brokers in mexico together so we have more users than them this is amazing so the culture of owning stock and owning

equity and being a shareholder and the capitalist system is really not part of the mexican culture and the guys are a startup even around what five or six years and you already have more accounts than all the stockbroker has combined yet so and these people are not crypto savvy they're trading savvy and i mean that's why you build an economy i would think yeah you know so i mean either they may get attracted by bit corn or ship their currencies that's year 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 this develops 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 it's happened 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 with. listed in thomson reuters so the whole our markets through block stream we got listed also in nice data services so we are getting all this 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 go 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 want to thank our

guest jose reyes he is with a bit dot com if you want to reach us on twitter it's kaiser report by a. twenty eight team coverage we've signed one of the greatest. but there was one more question by the way who's going to be our coach. guys i know you are nervous he's a huge star and a huge amount of pressure you have to be the center of the beach. and do all the great. good you are the rock at the back nobody gets past you we need you to get let's go. alone. and i'm really happy to join. russia. this special one was

also appreciate. the review. the latest edition to make up a bigger. well you know the kind of adopted because we're called pirates along. there. and if you don't harp on here and you. might not be time for. the limo self to make time for fish already ninety percent of the dot and it won't because their. conduct fifteen scoops seventy five tons true and they do it several times a day with a complete power you get an idea my portion. we have to understand we can all stay still and just. be witness oh he is the

only going because i. am doing this because i want the future world to future generations to have out and enjoy the ocean how we have. applied for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch put a funnel school it's about the passion from the fans it's the age of the super money just kill the narrowness and spend each religion twenty million one fly a. book it's an experience like nothing else not to because i want to share what i think of what i know about the beautiful guy my great so will more chance with.

the case it's going to take. count again the sleeping pill taken by their mothers before they were born and still haunts its victims today. whether it was the stories i get along with. what's verdict there's been all sorts of fair and they go. along with and it has existed in the malls and the members fifty five years after the medicine was taken off the market its victims are demanding new legal proceedings they want to prove that they were denied fair compensation. the survivors are placing their faith in the hands of this man. tobias was found archived documents that he hopes will shed new light on the continent scandal.

once again it stands for one of the greatest pharmaceutical catastrophes. up until the one nine hundred sixty s. the sleeping girl was a mass market product the active ingredient is sold worldwide for the manufacturing company grown into base near arkan the drug proves to be a success story however more than ten thousand children are born with deformities caused by the pill it's estimated that over eighty thousand embryos die in the womb in germany roughly two thousand eight hundred account again children are still alive today. back in the one nine hundred sixty s. clowes canal was a young pediatrician he began to notice an increased number of deformities in children whose mothers had all taken the same drug. is now eighty eighty years old . it all began with this data sheet from one nine hundred sixty one.

pregnancy days or about mel for. nation's time recalled showing when come together was taken. up and his colleagues you too can become suspicious. one day they call the manufacturer good intel does. this is it your mission imitation. with. this question. and in fact that it's just the fail belong gunstar front of. the of. this. is in. the. investment table and. on paul hill for a government that is still full and clicks. on. think of an idea me

off the amp. that existed in this common advocate with the who stood us i guess i was short as a few of these industries this class. affected us in those images mullin picked it. into his book to bias artist was such a con behalf of the come together victims. he's searching the archives for evidence and documents that have not been taken into account before today. as does this one i'm. wolf in that. you can view it as a here. paul movie a. boy. sean. mock nama. a fuzzy in borden mixed fish.

that's the dodge it employs. fish. made a comment to invite. all the meat in popcorn for next fish. before that. and starts and. when it does funny for gore they won't end. hot dog. today the company says that the witness must be mistaken man that no warnings were ever issued concerning use during pregnancy pregnant women never knew that the country can sleep in build was not suitable for them the same was true in great britain. two thousand consequent children were born here. i was also want to recommend compensation proceedings. i think the germans find it difficult to face up to the history in the mud and they have to do it now and they will feel ashamed but at the same time being typically

governments they feel powerless they don't know what to do about it but sooner or later they're going to have to confront what happened. in june twenty sixth seen an event takes place in dusseldorf. the state government issued an invitation a study titled the role of the state of north rhine-westphalia income to go on and the consequences as presented to the victims of contraband. the study could been commissioned two years earlier by health minister barbara stephens. it's a ph d. thesis from the faculty of history at the university of monster. the author nicholas leonhard is already under pressure as the meeting begins. one of the reasons is that he used the term lifestyle drug to describe contraband. drug it is it's got i got a life style is it a couple. of fish or victories this big deal it's

a bit dodgy about that we drift off to a good idea that's all it's a little over this car hit five in the garbage. also a bit of that all for thought does this all dead leave because an actor does. it all of us the evidence he does it's this big gift within us is this over miles over twenty thirty my mind gobbled up. both before she moved up to do it you know i'm on an important for by the addition worth of one good news but we want to go on the air for my zero point zero three no forty five. the author of the thesis was commissioned by the health minister to examine the role of the state government during the criminal trial against the manufacturer of the frogger opposite of lung collected on this collective fire as his own attorneys mr urban for inviting us and. the veterans progress my going to do five by four knobs it doesn't take three to five not but it does not mr i thought we did make it to be five not and this is our get inside kind he invites get this year i know

unsolicited by first the stuff ons begin. so there is no evidence that the state behaved improperly during the criminal trial against the pharmaceutical company go in and tell. a key player in the country going trial is north rhine-westphalia as justice minister joseph nye back up the trial began in may nine hundred sixty eight zero lee pretties approach the center for the foundation's release dad i wish i bid you but so i don't want to give you sad i said i'm going to present fun and alice could dannatt them he's really got it's above in this for becoming justice minister berger acted as criminal defense lawyer for the main defendant. in the archives contained files showing that he was a defense lawyer for one ferrets a former director of good intel the company that manufactured com to go to bias on and discovers a memorandum from the arkan prosecution service two days prior to becoming justice

minister. still annoying roach to the public prosecutors and here's a. any and all questions concerning his client have been answered and that there is nothing to stop the case being dismissed. dungeness feline is. really in and president of. the. v.a. . they had an outside i was beat up the odds according to records were appeared in person the next day to meet the prosecution and to discuss dismissal of the case the judges in the county go on trial if a personal injury and involuntary manslaughter the defense demands that the case is dismissed a trial in which the parents of contraband children were only permitted to participate as spectators leading the prosecution now is justice minister. he is no longer allowed to interfere in the proceedings. however after two years in office writes a letter.