whatever but i want to talk about this article because he says that you know the basics of life the costs are soaring in the united states but incomes have collapse at the same time so you have health care didn't used to cost half of a median income even a decade ago after all but now it does so what happens when in a decade or two health care costs all of the median income how can an economy let alone a society function that way so in a way i'm kind of curious like our in north carolina obamacare costs about forty four percent and then another like thirty percent last year the projected to go up another ten or twenty percent next year so in a way i'm kind of fascinated by this gruesome experiments it's kind of you know like really gruesome experiments of the past in history that we've seen as like how how gruesome will this get like how awful like what will we do to ourselves. as they would say in france look that up and you'll be appalled but you mention medicare as well and this is the health care system in france is kind of like the

medicare system here in medicare you still have insurance the government basically provides insurance however and sets rates for things like m.r.i. and x. rays and things like that so you have to be you pretty much have to be sixty five to get on to medicare some long term disabled are also put on to medicare quite early but the headline this week from the u.s. government remember this is a body of people going to buy trump the republicans but medicare to go broke three years earlier than expected trustees say in twenty seventeen medicare covered fifty eight point four million people eighty five percent of them seniors at a cost of seven hundred ten point two billion dollars very poor also show that medicare is total cost will grow from three point seven percent of g.d.p. in two thousand and seventeen to five point eight percent by two thousand and thirty eight so the year it's going to go bankrupt max yes twin. twenty six just

when you qualify for this state run a fish and more efficient french like health care insurance policy that. i have thought the devil you know i've been trying to stay one step ahead of the devil my whole life the american collapse that everyone a born after me unfortunately is going to be horribly. treated by the progressively surveillance. state and gulag casino that the phrase i used to go like to see this gentleman said that there's no new name for this rich new american poverty that's being invented i coined the phrase i call it the casino gulag yes that's a new lies seen as right so they're going to take my medicare away from a just in time so all the money i paid into it all these years is going to go up in smoke it went to the military it went to don rumsfeld which is the twenty trillion dollars that the pentagon lost under the rug somewhere they can't find it and so that's partly my money that they are using now to you know buy chateaus and so it's

a lennon have a great lifestyle in europe not in britain but all america and finally trump orders immediate steps to boost coal nuclear power plants as a matter of national and economic security so president donald trump last week directed energy secretary rick perry to take immediate steps to bolster struggling coal fired a nuclear power plants to keep them open calling it a matter of national economic security and we've just said the basics of life and one of them of course you need energy you need heating our air conditioning or the lights on in your house and now because it costs more to provide electricity through coal or nuclear power then wind or solar or gas well now he's going to force us to take his buddies coal provision well this is a great example of how capitalism a should and should not be played right so in capitalism is what are the losers now in this version of capitalism the winners are the legacy coal industry that are going to keep their jobs despite the fact that there is solar energy that would create millions of. jobs and transform america into

a legacy away from fossil fuels but those are the losers so the innovators are losers they knew people who are going to jobs are losers the people who are now in student debt are losers the legacy coal guys are the winners the legacy or oil guys are the winners the legacy old central bankers are the winners innovation youth dynamism the constitution the bill of rights these are the losers in this american this version of america i'm one we did for the collapse i look forward to the end of america i give it thirty six months and then we'll see something new and that's the way it works thank god. stay tuned the second half a lot more about what. the trump kim summit in singapore was certainly rich when it comes to optics but what about the substance both leaders are clearly looking for a win

a process has started there are plenty of obstacles ahead and no shortage of people whose worst nightmare might come true peace coming to the korean peninsula. kid. you don't consume don't jell you've been talking to don't joke there on the saying i'm done assume that equal distances also means what he calls a stance move. don't. tell him the old.

wooden man as a soloist as. welcome back to the cause report imax has a time out how to toronto espec with christian star ca of bad press and welcome to the kaiser report yaks it's an honor to be here already christian equity is described on our website as quote securities on the block chain what does that mean it's a hot topic if you watch the news these days it's all over the place except people called them security tokens and we figured we're going to get that's

a group idea let's make it you know into a real block chain so it would be that is the proof of work largely using the shari . i know you're familiar with and it essentially it's it's open source crypto securities protocol that allows anyone to issue or traders securities on the block right so tokens put all kinds of stuff on the block. and a lot of people question how is that really necessary to do that so in the case of black chinese well in your case in terms of disinter mediating depositories and transfer agent so there's two major companies in the space as a doowop play aqua bit is now set to disrupt this multi hundred billion dollar business correct those correct to be we are going to your building and we'll actually launch to test it on june first

a peer to peer crypto securities protocol so it is something that anyone can come and use and thereby decenter mediating as you just suggested some of the centralized layers that capture fees should be on every single little transactions we do and to the extent where some of those services can now be encoded into a peer to peer protocol that's what that's what we're doing we're going to write the transfer agency bezos i now from my heirs working on a last trade. how that works basically it's a back office function where pieces of paper you know securities and chairs are moved around the system and this is a very expensive way to do things and it's ripe to be deceptive mediated aren't disrupted by block chain because black chain was to completely eliminate all the need for those enter mediation out intermediary steps and so they're up there in toronto and so you've got the task that they have launched and so as

a test i'm going. to you know we probably should have launched it before. now that we have some of our minor community working with us with the test net i mean there are troubleshooting and creating more. you know tools and containers and versions of the software and then we would be able to do with with the with just a quick bit group you know i want to employees so it's been it's been very very successful we're very excited about it and it's only a few days and already it's demonstrated so it's very cool so now what about the stock exchanges you know they're the ones who are the dealers dalian securities and they deal with these transfer agents and all these other back office functions so what this be a product that he would go to an exchange with like toronto stock exchange for example would you go to them and say hey we can take off here and all this

paperwork and put on the block cheney get all kinds of cost savings and time savings is that the market for this video i mean it is an open source for recalls so it's a technology that we haven't released the code yet because we're still only she's making sure that the quality is all there but you know when the call goes out you know this is a this is a work protocol that can be used by anybody it could be a group of course the commercial and its you will be going in and approaching other mercial. denies asians to to help them understand and adopt the network and some of them will some of them want to we believe that those that will will put themselves in a significant for the better of positions so yes these existing marketplaces are there they also have to deal with all the trends for regions of the positive reviews and and so so to the extent where a a peer to peer protocol can help reduce the transaction costs to these exchanges

definitely there will be some very very interesting developments in the future regarding rights so typical a and they talk and spaces as call'd people come to market went out and send their star equity and those tokens but we are talking about is that you're creating block chain to allow people who are actually offering equity so these are companies that want to offer equity they are going to do international public offering like ways to do a back in the day before the initial call and offerings into equity offerings and so they would go to an exchange and then the solution however is a block chain so this in this case the block chain is putting an end to the ledger all of that information that's then publicly available and it's transparent and cost saving so let's say i'm taking a company public i'm doing an i.p.o. can you kind of walk us through a little bit about i know where acrobat kind of fits in there absolutely and just

to situate maybe the audience you know it could be as a fork of decorum so everything you know about bitcoin probably applies to equip it and and we're building with the capabilities on top of the code gets so with that said if someone is interested in issuing you know he shares for a project or dept i mean it's in the security instrument there's the various options when. you come to the equipment block and first of all you're going to have to have every bits which is a crypto currency the block chain in other block chains i guess the parlance that's used there is utility token but it's a token that has no utility and that it provides access to the services that are provided by the network so the equity of cryptocurrency is is that forty or bit network and once you have these record bits you can go to do peer to peer network

and issue a security so you can say i promise x. y. z. right or this is a one out of one million shares of x. y. z. companies and you can define what your issuance is that is by the way at that moment the regularly that activity high that governments want to know about and all that issuance that that is regulated so so when you come into the network and you issue that is where you want to make sure that you've got you know your you understand the regulations of your or your locale or where you're located but beyond that the network itself provides and you know the interface to document the issuance store the security. to a block chain on the peer to peer network like the corner can be you know falsified or easily you know i attacked and all the activities that follow you need

to for you know to know who buys your securities you need to communicate with your shareholders you need to capture votes so there's a lot of of activities that are provided by the financial service industries beyond just you know storing the securities on paper today these these capabilities are implemented in a peer to peer fashion using peer to peer communication protocols on the arabic network so once you've issued. your security there is a market lays on the network obviously where others can come in and purchase or trade into these securities the neuer customer and in time money laundering and all these things are facilitated the with a passport system that we have which is essentially a web of trust where if i'm about to issue securities you have an accreditation organization and you know various investors and because of

where i sure as securities from i need to comply potentially with these regulations so i will all e i will mark my securities of the blog change so that they can all be purchased by people who have been said by organizations you know like yourself within the maybe your words the equity taishan so the issuer and choose who has the ability to a critique of the word there or the. brand serve solution to a very antiquated assessed down and that say you guys are riding the wave into this future of cryptocurrency is down let's talk about the token a selfie a mansion it is a shot three unlike chateau it shot three or it has a latest generation other than max coin there are very few coins that actually you shot three why did you decide to go with. and what are the unique difficulties at

the moment in mining shot three coins like over there at aquavit and max climb the shoes of a hat or the choice of the hash was was a big decision for us we have heard we have a few blog articles i believe that go into details for people interested. in summary shari was essentially the best we could find and this was not our opinion we you know we looked at the competition that was done by the. nys national institute of science and technology i believe. and when they did their competition for coming up essentially with a successor for short two fifty six everybody knows that at some point in the future we don't know when but computing power will be such two fifty six will no longer be a secure hash you know for who are full for work who are using it for today they're safe you know those who don't want to worry about four to fifty six right now it's

still a very good hash krypto runs on it we love it but shot three. and four for various reasons that were put to the test trained nist competition and shari came out as leader. for example which is a hash used by i was one of the competitors to get shat which is the team that won the safary competition so our store so it's very i'm also has a pretty good hash but we believe shari is the best out there there are no all no no i believe basics that i'm aware of at least at this time so we have a very very healthy community of g.p.u. miners which we love it that goes with the spirit of the centralization we're working on mining calls we're working with as asians the proof of that will provide protocols and technologies to help ensure that our networks there is decentralized

right three is quantum computer resistant is the phrase if i'm in astray if you guys use it for there isn't you just outlined and max cohen is there because the idle spark smart he designed that back i player in there at inception it was really a way of his time so when he. was the launch day tell us about that when you go to the main net we don't have an exact date for me and yet we want to ensure quo. all it he on the test that obviously before we release the man bought. into it when we say we release i mean it's essentially releasing our genesis lot which includes some of the bits that we've been using to finance our operations so the main launch will happen once we have delegated the security and the quality of the test that along with the community and more meant we'll be able to release the genesis lot and start mining on the real block.

we suspect this should be in the next coming months or so so it's a matter of weeks and months not years but it's in the near future for sure for a fact precious i say thanks so much for being on the kaiser part pleasure to be here are i was going to do it for this edition of the kaiser apart with a mask as our states air but i want to thank our gas christian sausage a bit up there in toronto if you'd like to get in touch with us that's kaiser report on twitter until next on file.

from kim summit in singapore we certainly rich when it comes to optics but what about the substance both leaders are clearly looking for a win in process has started there are plenty of obstacles ahead and no shortage of people whose worst nightmare. there might come true peace coming to the korean peninsula. you know world a big part of movies. and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the back and shouting past each other it's time for critical thinking it's time to fight for the middle for

the truth the time is now for watching closely watching the hawks. will. begin. the. media's shindy will fight is how down it is how do you see in young. each change some young or some shit don't just want a. total loss missile. so don't johnswort says i had a document for your son and i also could discuss it cosima she will.

all be. on. commodity the junk monty has put up all. this hype and not so. confident or we touch other two got all this time don't know how much it would you know it's i want you not to this i don't. eat it to each of you if she brought on even you don't i'd require you just me would you not i so long.

have been a very good for you don't you know it's not i can paddle to what i thought. i. was running. it was you. lou. los.

it. was. good but i might fail. across. the. funds figure. out what needed to.

keep it up and i began to build some. bridges in the community is a. good market. to hear from you know were told her you're the bottom were good for your heart is a. load of stuff. all over. our.

i don't see it is so stunning is how you see beyond the family while going up to go home going to answer as you will. cut as you submit to it just not a sound one you'll recall what is will dies in the young to a new terror plot i saw. a minor law in a book in three one when you go in my kitchen i threw this load toward you need to just go and do what you would not do for me to. get ill tell you a such a lot of nice books they've done tons of the times i think. i need a couple of us in the.

time i snuck. out.

yeah. chill it into julia to make sure don't tell it how you have to tell it you know it will not on duty to a stranger will not eat a single you can see seen angels without it least not until told so it's obvious i would not want to be mine it will change a lot our girls local school teachers in this god you will tussle economy i'm suspicious and god nothing it is strange you want to stop touching base it on how we don't do told me you don't want to bomb don't like to tell her don't do them up but i mean. econo we need good schools because we'll do the showers power all you want and it will get all. our

old you are dead still to some day once it gets all presidential the time. to get all of this and up. just those folks to this you'll always. see us those years old it was an excellent way to heal me to leave you to new to the colors of the videos the reason there was because of the people of this book how big a deal it was. you did your god they did to me then all the. chiefs of people. how not to lose a couple you can't eat it looks he didn't do you well we're lucky you of that you get to does all he was a good losing has moved all we know all reminded me how easy it is all get out or delusional the order bob you are. the. whole.

colb you know you need to go sit in utah. i don't know you didn't use old. laws in closer to middle and. judy aren't you we. will skew super between political to sunny's or she goes to sleep a lot to do not see if you want to do. q. she did she would eat you all three women she who did how did you meet you know and she was i don't think it's a change she doesn't also interest you will your because you didn't you haven't should we do the interview suit challenges you'll face in terms of the didn't come

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