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tv   News  RT  July 31, 2018 3:00am-3:30am EDT

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quite right that solidified their support they have no reason to be critical of him he delivered a bigger tax cut than they could have reasonably expected so he did that but in the meanwhile the mass of the people whose votes he needs let's call them the older wider traditional american working class they're still waiting for the big delivery of jobs of incomes of a great america again that's real or make believe we'll never know they haven't gotten their goodies so where is he going to get it for them all right he wants to take wealth from other parts of the world by changing the trading arrangements they're not going to let him do that but what's left for him he's not going to tax the rich he's one of them he's helping them and that's too late for that there's one thing left which is to really whack the poor people of this country to take away the government supports the government programs for them in order to move some of that to the people who backed him i think he's going to try to do that i think
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you already see in the cutbacks across the board in these budget proposals you see that under way but that threatens to make the mass of the americans a bottom sixty sixty five percent of our people very angry very bitter and if you motivate them if you agitate them then mr trump it will be history very quick so he's in a very tough spot and i think his desperation his tweets already been that after all the fakery of the language his real options are not looking very good sobering but very informative thank you professor richard wolffe appreciate being with you in person thank you very much for the opportunity. hacking has become a grim reality over the past few decades a new methods are being the. been deployed all the time however in modern times new
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targets have come into school to take a deeper dive into the tech security industry we have things over to our correspondent trinity trouble. experts are warning consumers and corporations to be aware of crypto jacking as corporations around the world begin to move more and more of their ideas states and data to cloud environments cloud infrastructure is a growing target for cyber hackers. while businesses have embraced the digital age or so have cyber criminals according to a new report criminals are turning to the cloud to exploit businesses as well as consumer data through malware phishing rogue gaps domain infringement and social in person nation these cyber hackers who consumers and businesses access personal data and sensitive information cyber security firm checkpoint software is two thousand and eighteen midyear report of cyber attack trends detected an
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increasing number of attacks targeting cloud infrastructures criminals turn into the cloud to exploit its vast computational power and multiply their profits the report details the cyber threat landscape breaking down top model where categories which include crypto miners ransomware banking and mobile the researchers found that the first half of the year the number of organizations impacted by crypto mining malware doubled to forty two percent compared with twenty point five percent from the second half of two thousand and seventeen the research found that the top three common malware variants in the first half of the year were all crypto miners according to the report many of the attacks were because of the organizations for security practices but others like crypto mining are leveraging cloud infrastructure which leads to much greater profits for quote threat actors my heroines checkpoints threaten telegin scroope manager noted that attacks on cloud infrastructure and crypto mining are the latest generation of cyber attacks. which
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the company calls jendayi and companies need to adopt small thailand cyber security strategies that prevents these attacks from taking ahold of their networks and their data reporting and me or turn it into others r.t. . time now for a brief pause but hang here because when we return we are joined by tom talk with the c.e.o. of could nice's limited to discuss the new crypto currency and monetary system will be back in a flash there is the most noble political deciders to have more green energy but if implemented in the wrong commercial way. it will over the next few years say with enough of the time to move three four five years you will have such a melanson of subsidized projects state cetera that unlikely to be able to stand on their own two feet. disease says harlan kentucky. we've all read this group the
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voice you can walk through street families or you will need. a co money so she wouldn't miss no coal mines left. the jobs are gone all the coal mines of said. that it was love to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happening it's happened. trumps imitation to putin to visit the white house is postponed putin turns around inviting trump to moscow this trump out of a grand plan regarding russia or is he merely keeping the campaign promise this and much much more efficient across time.
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a few months ago we met the c.e.o. of conies is limited and we spoke about crypto currencies in general and some about conies itself but today we focused do a deeper dive on what is could nieces and for the help we're joined not from london like last time but we have time cough when the c.e.o. to right here in our studio todd welcome thank you very much thanks for having me back again so let's talk about this if you know cookies it's more than just a crypto currency right it's more of a currency system and actually sort of a banking system so explain it for viewers sort of encompasses all those elements it's a full monetary system actually we're focused in on being like fair and honest and a secure efficient and rewarding and really for the benefit of all both collectively and individually so how does it how does it actually work it walk us
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through it show a world we have a highly unique sort of a market structure if you call it that so the talked is the primary market and the second to hear is the block. and basically the primary market is where the average person the average mom or pop can actually go and mint or create their own money so the average person can be their own but central bank effectively is minting different than mining you just minting it because it's gold it is a little bit different because the gold's already above ground it's already there so it's just like really a conversion between another currency be it fear currency us dollar and a conversion into basically a gold currency and it's something real something real you can touch and feel as opposed to something crypto that you would mine which is based upon i guess computing power and time at a computer. conies is based upon something you can touch and feel in this case for gold and so you meant that you meant the gold the conies as coins and then what
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happens. emitted into the secondary market which is the block and this is a highly efficient ryle systems i mean we've focused in on what makes money successful and we're talking about gold it's the greatest store of value that the world of a sane ultimately valued by human civilizations for thousands of years and held its value over time and in the case of crypto currencies it's a new experiment but we're backing it by something that has a proven track record so then it submitted into the book shine and that's a highly efficient rail system so that's where we make an inefficient medium of exchange ultimately to be able to transmit all transfer value between different parties within the book chain system now the folks that are involved in crypto those and i am too and i think they have lots of attributes and the main thing is that i talk about is how it's decentralized and so it's not necessarily held by the powers that be not that i'm opposed to the powers that be but i like the fact that
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the money and currencies get out there what other sorts of problems is kiddies is trying to addressed in the current financial system yes certainly i mean we address problems across different sectors i mean one of the sectors is the banking sector so i mean i go to put money in the bank. actually giving the money the bank transferring title of my money to the bank and so i'm holding counterparty risk against a bank yes sure in different regions around the world it's insured deposits are insured up to a certain level etc but there's also a lot of other scary provisions like bio in provisions and this and that and there's a lot of scary things like what happened in cyprus as world with haircuts on the positives and stuff i mean in a day central system such as else. the gold is actually and the will the gold and silver currency is held in total is allocated to the ultimate beneficial and so the end user ultimately so you know holding counterparty risk in addition. transfer.
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between different parties is a lot more efficient from a spate spain perspective for with us it's two to three seconds anywhere in the world. from a cost perspective we're much more cost efficient now because it's only zero point four five but if you want to transfer cash say with western union it can be anywhere up to twenty five percent quite typically thought the feet for transferring that's correct and so what did you say yours was as a zero point four four so miniscule compared to that and when people talk about people taking title after they've meant a coin but is the is that the gold there used or is it warrants on gold that are held in places around the world how does that work the bull at all times it's held the taught all is held by the end user the ultimate beneficial entered never sits on our balance sheet and if it's honored by the way for a lot of our summer of years you may not know if you're trading on
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a crypto currency exchange a lot of times they because of transfer ability they have the exchange are actually holding the title and you have what amounts to a warrant but the title is with the exchange you don't actually hold it's not changing in the block chain on to your hand so you this is an attribute that could he says is addressing one hundred percent yes i'm in and that's why crypto exchanges get hacked because the treasury account of whatever the hassle can't gets hacked and next thing you know the deposit is coins are gone that doesn't happen with you reminds me of that old famous quote of john dillinger the famous bank robber in chicago you know why you rob banks is that that's where the money is why do you why you hack crypto exchanges that's where the block chain is that's where the money is well let me ask it mean we've seen accounting problems speaking about problems and attacks etc recently and we have seen hacks but how are you going to be set up with accountants and making sure that everything is done ok and how you
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can protect yourself against these gosh awful hacks. sure so there's really sort of . aspects to this with with us so we have face see clearly the way the total is formed and transferred through digital currency. through the net all through smartphones etc now that's transparent distributed legit technology and you can see it basically on the block. i mean that's something very transparent who else is out there in this sort of space looking at a physical like gold or silver and doing crypto with it is there's a number of other different parties one of the first in the market would digits. but. look in the case of a lot of these different parties we don't really have competition with everything we do i mean we crypto part of the crypto currency part is one that we talk about a monetary system that's unique to kony says that's that's correct i mean we have
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a full closed loop monetary system with a primary secondary market with crypto exchange with the primary exchange at the top with the mobile banking sector. component and also. we call it a can he says commercial center as well which links into merchants and everything like that and full close loop in the case of some of these others like say for example gold money it's a central centralized platform in addition to that we sold things that gold money haven't been out of solve which is like gresham's law bad money growth draws a good by actually incentivizing the money to move we incentivize participation in the system where the only monetary system in the world where people get a benefit by actually spending their money and in perpetuity so if you spend a thousand dollars within our system then you actually receive a benefit on the thousand dollars that you spend in perpetuity forever you keep on receiving a portion of the transaction fees in the entire system instead of
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a traditional. bank getting a transaction fee when you use your a.t.m. or a century or something you are getting a large portion of that fee brought back. and this is something that's really held . at currencies in the case of you know gold and silver being remodeled so as it's really held them but because i mean ultimately the whole world for people who wish to make the transaction and convert figure currency into say gold a lot of them don't wish to actually use gold as a transactional currency so we've looked to really combat that problem and really incentivize for the gold to actually be used as a transactional currency so when presented with an option to spend twenty u.s. dollars now or i can spend twenty dollars worth of can a service but i actually receive a benefit in perpetuity on can i since i'm going to choose can a service so that's how we put it into motion essentially like a rebate on your use now are the tokens or those of lost city tokens that i've read
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about or the velocity tokens except they are and what sort of value would you have i mean. when you talk i know you're talking in the aggregate about gold holding value for thousands of years but i had done so well in the last couple of months it was at least a year low not too long ago you know where are we on the what would the value of the last it can he says velocity token equal the value of an ounce of gold know what what this actually is the need to make a disclaimer first that these are only available to credited investors in the u.s. so in the case of the can a says velocity token whoever boys into these is buying into twenty percent of the revenue of the entire monetary system so as you can imagine a monetary systems a business with pretty big bones and if we if we follow through with a with a vision mission and aspirations and going to be quite a large business alternately we get a really good traction so yeah that's investors and not basically get. a
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a share of twenty percent of all the transaction phase of the entire system so it's worthwhile looking it up and doing their own research and saying with a worthwhile investment for them so where when you do your launches just as it's going to be targeting investors in the e.u. or in asia you're going to go after some institutional investors in the the u.s. what's that are certainly yeah i've got two weeks of. back to back meetings here in the u.s. with institutional investors that's why i'm here now and also to meet you. but of all around the world luck there are some limitations obviously as i mentioned some made it need to be accredited investors or sophisticated military investors that sort of thing in many in many countries not that's not the case but yeah welcome to inquire and we'll give answers based on all the legal and how are you dealing with this you know as a former regulator i'd like to think look i'm you know want to be accommodating but
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you know we certainly nobody wants anybody to be ripped off in this space and there's been so many bad examples of you know crip those that went bust except how are you dealing but it's very expensive to deal with the regulatory aspect how are you dealing with that here in the e.u. or u.k. well we have a bit of advantage over other cryptocurrency start ups put it that way because kony says has been born out of an established organization allocatable in exchange which is founded in two thousand and eleven basically it's a full institutional exchange for sport physical precious metals gold silver and platinum and with a track record and we have some of the largest entities in the precious metal space plugged into us and tried in with us. you know there's a there's a lot at stake we're not in the business of trying to do anything nefarious or anything like that. and i want suggesting that you think it's really expensive to do the right thing sometimes and and that's why i think there's so many bad actors
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out the. because it's so expensive and takes a long time and you know people or like do we get the product out there whether or not crypto area saw it melts or do we you know it all our i's and cross all artes and you know what's the risk reward of the regulators come on us so anyway well it sounds like you're doing everything right that's thomas cook one the c.e.o. of can use is limited thank you very much to be with you see what was thank you. and that's it for this time you can catch boom bust on you tube that you took that com slash boom bust r.t. will catch you next time so on.
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the idea of spending money to acquire region to acquire territory to acquire wealth is an oxymoron there's no more wealth to acquire the ecosystem is collapsing the economy is flooded with worthless paper and the species is migrating over to the digital speer because of these networks and platforms people are uploading their minds into cyberspace and hope to become immortal so every dollar spent on defense every dollar spent by the pentagon is a wasted dollar it's a one thousand eight hundred seventeen sixteenth century mindset it's completely antiquated and it's utterly worthless. join me every thursday on the elec simon chill and i'll be speaking to us from the world of politics school business i'm show business i'll see you then.
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the divide over breaks it heats up amid reports the u.k.'s army is set to fly in food and medicine in case of a no deal with the e.u. . a shocking post-war practice is exposed in canada where authorities forced thousands of other married mothers to give up their play views we hear from one of the victims. there was no conversation of our with me about how i got pregnant all they cared about was the fact that i was. pregnant and that i had a baby that they couldn't. take. us confirms arms drones have been operating in new share for more than six months adding to the long list of countries where america's waiting its so-called war on
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terror. thank you for watching r.t. international coming to life from moscow i'm kate. a british m.p. has tweeted god help us in response to reports the army will fly in food medicine and fuel if the country exits the e.u. without a trade deal the military says it has not received these instructions but the news has created concern in a country deeply divided over breaks that artie's an assessor churkin a report. but this works a deadline fast approaching it seems the uncertainty about what exactly is going to be achieved come march next year has been peaking at the specially in light of the reports that have been circulating here in the british press over the last couple of days talking about how mission army could be involved if there is
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a new deal breck's it in terms of helping provide supplies such as few food and medicine and certainly this is something that would usually be associated with an emergency and of course the reaction. has been very swift to these reports some saying they're shocked and others refusing to be manipulated with what they call scare tactics god help us this is not coming from remain is this is not project fear pro bricks that ministers are drawing a blueprint for the army to deliver food fuel and medicine if we leave you with no deal we have a duty to prevent the self-immolation. the plan of scaring the crap out of people with no deal horror stories in order to make a free trade agreement which will tank the economy like a good deal is beginning to work well in reaction to all of this we have seen british prime minister theresa made was always said no deal is better than a bad deal basically try to calm down the public when it comes to all of this often
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being worried about preparations that we're making i would say that people should take reassurance and comfort from the fact that the government is saying we're in a negotiation we're working for a good deal i believe we can get a good deal but actually it's right that we say because we don't know what the outcome is going to be we think it's going to be a good one but working for a good one but let's prepare for every eventuality while luxury so maybe there is obviously trying to convince the public that everything is going to be all right we do know that downing street have also said they've decided to stop drip feeding information in the time to come about some of the details about contingency plans in case of a new deal bracket and of course they've also said that there are no plans of the british army in such a situation following those reports that have stirred up quite a bit of trouble however with all of that said it seems the public is not quite is that the government knows exactly what it is they're doing in this situation seems
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a bit shambo makes me kind of you know we actions to actually take turns i don't think we really read it anyone in london or for anywhere for that matter has really across from really is if you think officials that are in charge of this process have done a good job so far figuring out what's going to happen and negotiating with the e.u. there are. no real negotiations it. just one party even though. you know jamie france getting a real understanding of how this will affect the country itself those are some opinions of the people we can. talked to here in london we also know that there's been a latest sky up call that was released that said that only ten of the people surveyed believe that the government was doing a good job when it comes to briggs and as many as seventy eight percent thought the complete opposite. the canadian government has acknowledged the practice dating
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back to the one nine hundred forty s. when pregnant single women were forced to give up their babies to married couples some new mothers were lied to and told their children restore war we spoke to one of the victims of a practice meant to promote traditional families this is they found out i was pregnant they mark my records b.f.a. baby for adoption. i was a fifteen year old girl pregnant i was pregnant from a sexual assault. and. there was no conversation about with me about how i got pregnant all they cared about was the fact that i was. pregnant and that i had a baby that they could. take. the healthy one haired blue eyed beautiful baby.
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you will forget the child go home get married and have other children or if not get a puppy. that is what i was told get up puppy. it was a very abusive in there. we were isolated from our mike i was isolated from my family is my community my sisters my parents i was completely left alone. my parents were not canadian citizens they're there from europe and my parents believed they would get deported if they didn't follow. what the government wanted
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and maternity homes mothers were routinely denied their right to see older feed their babies there are still some mothers who do not know where their deliberative boy or girl being told well it's none of your business to hold my daughter i actually had to ask three times and i that first i said it quietly and then i said it a little louder and then the last time that i asked i had to yell and i had to yell bring me my baby now. and then the nurse stopped looked at the doctor for permission and i was quite surprised that the nurse would have to ask for permission for me to hold my own daughter since i am her legal guardian and my daughter in my arms and. and then the room went. black i started to get i started to pass out and then they took her away from me.
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i met my daughter she for she actually found me. so she phoned me. and she said. you don't know who i am and as soon as she said that i knew who she was. we talked on the phone for about six months getting to know each other getting familiar with each other building some trust she needed to feel safe because our children were told that there was something wrong with us they were told an alternate story that we were drug addicts prostitutes.
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now the u.s. has confirmed its drones have been operating in the west african country often a share for more than six months but it's not yet known if i carried out any strikes in coordination with the government. u.s. africa command has an intelligence surveillance and reconnaissance aircraft already in the to improve our combined ability to respond to threats and other security issues in the region i a saw aircraft began flying in early twenty eight. well the u.s. military presence in asia has recently expanded to to concerns about the increase in militants the decision to deploy the drones was made last year after long negotiations were awaiting comment from both the u.s. and all sources. we're joined strikes have played a key role in the so-called war on terror which the u.s. declared after the nine eleven attacks the u.s. has carried out strikes on missing groups in afghanistan pakistan somalia and yemen where drone strikes have resulted in humans civilian casualties in every country
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involved with up to two hundred civilians dying in yemen alone. and attacks was. the. foreign policy analyst jonathan shafi things people in asia should be worried about this development billions in the area of go not just a bit but say we should be concerned about the taking the damage that these drones can do and we've seen on numerous occasions.

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