well you for what we're seeing now with the block chain space the wall it's how you manage to move value so it's an interface to the technology that the masses need in order to interact and be able to send and move value so that's why i say the wallets and to what the internet was the browser was for the internet it's what enables you to manage and move value and that's that's why the wall is crucial to all the different projects right and you also suggest that people who are buying crypto on exchanges they keep a minimum of their crypto on an exchange and move to a wall in a wall and either storage or paper wall and that's the way to move forward we're just to hear about this lawsuit with michael turpin after eighteen because they allowed for a sim card hack if you probably know the story what's your view on that lawsuits so i had same thing happen to me that michael had michael's a good friend of mine i think that there are there in the past has been very difficult too easy for people to get access to people's accounts through the phone companies it's happened pretty much with every company here in canada i've seen it happen to friends of mine and i think it's an issue i think it's good that michael

is trying to do something about it was a lot of money that happened with that and twenty five million yeah it's a lot so i'm hoping this has caused some changes because they have a person for mission these phone companies and i think that's a bad model but it's the way it works things work right now and i think that they need to be put on notice that they need to protect our identities and you do a better job of things i think i've seen movements with some of the companies here in canada where they've added things like voice print signatures and things like that to help improve those security systems but it's something that should be focused on and and i think it's if one good thing that's being brought to attention how is the regulatory environment in canada. unclear it's hard to have a business here in the space to know what you're can and cannot do when you see a lot of companies that are going offshore and doing things in the caribbean countries because they're little they're worried about what might happen here so that your jurisdiction shopping where companies get up and move they go the jurisdiction that they. that wants their business that where is the place to go

these days it looks more must favorable to. my company i don't do things that require the regulatory issues i don't hold out of customer funds and i don't do i see so those are the two main things that are causing people to go elsewhere is when you have to when you're heavily regulated because you can't comment on the ice . period that we had all these coins come about what i think it's a great way to raise capital but i think it leads to a lot of projects that have gone up which possibility getting off the ground in a lot of people are going to get hurt and i think that happens but i think the ability for someone to put in decide where they want to put their money and should be allowed it she should be able to have the right to do that and i think that sets with that should be but people need to do their own research and educate themselves and dixon expected that these are highly risky things and you could you could lose your money so right ok fair enough let's talk about the central because this is where you really focusing all of your attention this is where it's all happening for you talk a little bit about it sure so this central is my company it started off as a space i'm trying to set up in two thousand and fourteen when we were when we were launching a syria and the central makes jackson would think of decentralized company and

jacks our flagship products but there's other pieces of what we're putting together including hardware devices cards these things that help make make. make these technologies or get in the hands of the masses and make things simpler and easier so essential is really the idea we have to bring people together we support many many different projects it's not about just supporting one or two technologies and our goal is to unite the communities provide the tools of the masses can actually be using and that's where the wallets come into play at this massive decentralisation you know it's kind space and the big standard by say it's about replacing the central bank system with the centralized bank system and that's a decentralized network and this is the way you know you from what i understand you are very interested in the what's called the freedom movement aren't afraid of. media that was prevalent now for fifteen years and if a lot of that is. decentralization for people. all that might be coming to this

fresh how would you describe that to them so for me i think individuals are the most important thing i think the personal freedom and liberty should be have something that that everything that that base everything around that's right do is try to do things that are going to create more liberty and more freedom for people and that's why we create tools and technology that that uses decentralized systems and brings that gets in the hands of people michael secreted paradigm shift where users can be in control of their lives not having third parties being control anymore and i think technology is emerging that's going to an emerging that's that's enabling that and it's we've had to trust third parties as you know since the dawn of time since and now these technologies are coming in that are going to help replace the need for middle costly middlemen intermediaries and third parties and it's been my my child my goal suit to bring the tools that are enabling not again not a recent presentation you made you talk about the incentives of decline and how they're balanced and how that creates the magic if you will of this and hard money that's competing with banks and for the first thing that's computed in quite some

time and that also could be described in terms of game theory and that you know everyone is trying out game everybody and the something like a greed factor is pushing miners to mind more and and it ends up with everyone benefiting it so that kind of behavior it seems to be migrating to the state level where states now who are finding their currencies under attack are looking at crackdown and is that was that kind of hard baked into the protocol from day one and it's a toshi kind of invision this is it is it an obvious development given the shortcomings of feel at carnoustie and where where is that headed in your view i think in the sense of that's because the base of every new because you're incentivizing people to put resources into a platform and they're earning something of value in return for doing that putting that computing power in i think it's an amazing ma. i think game of finding systems

and even government and the way that we that we interact i think is a really smart move i'm a big fan of game for case we've hired actually the. group the world to be our chief experience officer and everything that we do is about how do we incentivize people to do good how do we incentivize people to do great things and that's kind of a big part of what i do is give ok so a set of eyes and people to do good nurses and son of a people to be greedy right there's a there's a notion specially in keynesian economics of animal spirits that it's all about aggregate demand it's all about getting people to go out there and spend and willing to go into debt to spend down here with the hard money substitute like bitcoin it's actually about hotaling or it's about saving it's about individual sovereignty and that does that lead to good in other words what comes first i want to be good and i end up saving and hotlink decline or i save in a hostile bit coin and i end up being good i mean a bit philosophical but what are your thoughts for me i think it's the term is saving that's right i like saving it's not about houghtaling to me and i think for

me it's always been about recognising where i can create value and take what i'm earning if and give back to the space here so i take what i have made here and i'm consistently putting back in to keep building up my companies and trying to create value it's all about value it's right and the value creating up here in toronto is incredible and it's great to have you on the show thanks so much being a prize reporter makes for i mean already well that's going to do it for this edition of the guys report with me my guys are safe and everyone thank our guests and oreo he's the c.e.o. and founder of the central and jack's going to wallet at jack's. if you want to catch us on twitter it's kaiser report and so next time i'll. when a loved one is murder it's natural to seek the death penalty for the murder i would

prefer and it means to live the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict respond dennison the idea that we were executing innocent people is terrifying the is just no way to present and that we want even many of the families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victim's families what that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this and this isn't the way.

to pick up. the up and up especially. in the. hospital of of you just because we. want to talk into this. about them not. to laugh out loud get a lot of it is to me is each part of the is. that a lot of the. tamada is good but i'm going to look at him as art and when i was up the money into. you need. to give you

a long long long unless mom wants. to say to me the dog that's there when you go to the is a long. long way from what you made for. other people who go bungalows on the road. that look like that yeah. come. up with some of the article below. zero zero zero zero zero zero. zero zero zero zero zero zero zero zero zero zero zero zero zero.

those who don't share all that you need to know that there will always be a serious price to pay if red lines were crossed the british foreign secretary urges more sanctions against russia during a visit to washington d.c. and the u.s. treasury hints at tougher measures for moscow the line activity. we can bring even more economic came to be are we will not hesitate to do so if it's conduct does not demonstrably and significantly change. also the microsoft claims russian hackers are added again by targeting the u.s. senate and conservative think tanks. but while listing the supposed culprits the tech giant took the chance to push its own products. and as the syrian army gears

up to retake the militant held flavor of the good live western media outlets warn of a civilian massacre the same outlets though fail to mention the area is under the control of jihad as groups accused of war crimes. you're watching are to international bringing you your global news update this hour welcome to the program. sanctions is definitely the buzzword in washington this tuesday with yet more calls to tighten restrictions against russia over a series of issues for which moscow is being blamed the british foreign secretary who's on his first official visit to the u.s. urged western partners to unify in pressure on russia. those. values need to know that there will always be a serious price to pay if red lines across but today the united kingdom its

allies to go further by calling on the european union to ensure its sanctions against russia comprehensive and that we truly stand shoulder to shoulder with the u.s. we heard him speak to the u.s. peace institute he made his remarks and essentially he called for more hostility to russia absence and it's interesting because his speech was actually leaked to the press ahead of time so people knew what he was going to say before he said it then he followed the draft of his speech that was leaked pretty pretty closely and now just two weeks ago we saw a new sanctions imposed on russia by the united states in response to the accusation about the involvement in the chemical weapons attacks now the latest measures will come into rounds those sanctions are they limit financing and exports they specifically banned the sale of national security goods that are sensitive like technology the the second round the tougher round that will come into force in

november. could include the banking sector restrictions on imports and it would actually suspend diplomatic relation there and actually terminate flights between the two countries now moscow has said that this amounts to economic warfare against russia this is what has been the response i suppose that i was in not support of russia will consider retaliate remasters in response to yet more adverse steps from washington mutual in light of these the confirmation by the u.s. administration of its read and that is to keep improving relations with russia just looks ridiculous it's a blatant hypocrisy yes it was possible but to have something follows something like a restriction of the operations of russian banks who use a foreign currency it can be called for what it is a declaration of economic news and it will be necessary to respond to this war with economic political if necessary other methods you. now it's still an open question

whether the usa the u.k. and the european union will all fall into line against russia when we are as of yet having waiting to see any solid evidence to back up the accusations that are justifying these new sanctions and economic attacks meanwhile the u.s. treasury has frozen millions of dollars worth of russian assets or washington correspondents america has more on that samir it's getting harder to keep up with the rate of sanctions washington's imposing what do we know about this latest statement from the treasury well the treasury department did explain it all in its statement saying that these efforts have been taken in order to counter russia's efforts to challenge the u.s. and its allies listing a few examples including the occupation of crimea subverting western democracy.