you see things like voter suppression building more prisons you see. all sorts of undemocratic practices. in the world from. the protesters reportedly killed during. the russian capital demonstrations throughout the country with the presidential election thousands of arrests including an elegy correspondent who has now been released. resigns following growing pressure over last week's devastating blast in beirut. little trump was evacuated from

a news briefing. following a shooting outside the white house president praises the secret services response with a senior official adding the shooter is now in custody. and reportedly tells the u.k. it's happy to help stop the increasing flow of moderates crossing. as long as. the cause report is coming away just when i mean we'll be here to bring you the latest global news headlines see you back. welcome to kaiser report summer solutions we have an exciting guest to talk about solutions you know during the year we talk about all those crazy problems out there and then during the summer we hit you with solutions that's right so lucian's and

today we're going to be talking with o.b. no sue of coin floor. u.k. stacy yes welcome to the show and we thank you everybody guys so 1st i want to go a little bit into a story here in america i know year british via your family came from nigeria my family came from finland and ireland here max is from germany in scotland so everybody of course around the world has basically their families travel around the world but right now in america we have a situation post george floyd murder where. that has spread globally that there is this global insurrection against banker aka occupation max might say and i think that's right because i think yes there is institutional racism very much in america we have a long complicated history obviously with african descendants in america but in

terms of what's happening here and how to how to get past this how to start with some sort of clean slate where we all can actually be equal on one playing field here in north carolina where max and i live we've just had a situation in this headline here in historic move asheville approves of reparations for black residents in an extraordinary move the city council has apologized for the city's historic role in slavery discrimination a denial of basic liberties to black residents and voted to provide reparations to them and their descendant apparently it won't be like a direct paying. net but it will be basically a restructuring of how the local economy works where they'll push more. you know they'll make out force the past injustices by redirecting some of the allocated capital and things like that what i don't you know you're you're not part of the american scene but what do you think of how to reason do what reparations within

the system just maintain mess us down or do you think what do you think reparations that's radio interesting as and as you have stated i'm not american so. i'm not as close to it as some people i know but i've talked to many other people that you've had on your show previously. like. big queens a and and i was. the character as well but it's really interesting we've seen this rodeo before i mean way back a car remember the names of presidents because we don't know what's required to learn them but i do know that. there were discussions with the previous president about reparations and there was the i did of it and correct me if i'm wrong but the idea of every american slave who'd spent their entire life and do so that the sentence is high life for a number of over the several 100 is would be given

a set amount of land that he was 40 acres and a $100.00 i believe and that was all that was off the us what was needed and they were they were offered that now given that the holding of stores of you is the the number one superpower of people are privileged and fumbled in their ability to study that ability to inherit intelligence or well smarts by many studies that basically they have been a teacher just be lucky enough to. appreciating assets. all the slaves offer was this land and it was offered and then unfortunately. the president who decided to greece this was was shot a few a few short while afterwards so i'd be very worried for anybody who was wanting to put in a similar policy. in the us if they tried to do it in modern days

from what you're saying it sounds very very light touch and doesn't involve giving people stores of value and therefore it's not really valuable is focusing on the works when we all know that it's the stores of value that the differences between the printers and the on the privilege will get into that star value as 2nd so it's a fair to say based on your were writing and your interviews he believe the system is best play completely broken that preparations us just really lipservice for many things and tried many times before never really comes through and you're thinking and believing instead to just exit the system and start completely no how would this work i think is pretty fair to say that i mean. i grew up in in central london and as a country the u.k. is i think on the scale especially london is a is

a very tolerant society missing incredibly it's a cultural melting flow is very multicultural. but even then i had scenarios where i was playing on the street as a kid and being spat sat by people whose would stop in the in the traffic at the lights because i grew up in a kind of the states which is i don't know how you describe it in the us but it's like the projects it's a low income parts of london. and you know we play in the spats that that was not an unusual thing to happen i experience various forms of discrimination through my life. even when i was working in very large organizations i could see the differences were people who it work hospice not just me would get to i would still have to work twice as much twice as hard to get to the same level and that's that that's fine that's that's not

a problem but being who i was i was i did feel that this was a problem for not just me but for society and the reason it's a problem for society is that. ultimately we want the society to reach its ultimate potential as quickly as possible and anything that stops you from doing that is some optimal so do logically the best people to work on any given task should be the best people in the world now let's take an example of a space ship if i want to go to the nars like. musk here right now can only employ people who are in the us. he would like to employ the best people in the world and logically it's unlikely that the best people to build rocket ships are not all in the us i mean i could be wrong but it's probably the case and not all in the u.s. so therefore the any rookie he makes to go to mars will get slower it will likely

have more risk have more issues because he hasn't got the best people in the job so the entire world he and therefore by accident i will loses out from any form of discrimination that isn't based on free things it isn't based on someone's work ethic the quality of their faults and the quality of the argumentation you should discriminate on those things but anything else you shouldn't do and as long as he exists in a world where that's possible. we will always be with have a challenge and therefore i think that the current won't really exist and the situation is broken from as i would like to say and the only way to settle with exit the system not for into outer space you know must go into cyberspace and you write about a purely american craddock's testim and how do you get to the purely american crowd excess them and you suggest that cyberspace is the place to do it and you also write about how anonymity is very important to this pair meritocracy because when

you say adopt an avatar in cyberspace in virtual reality the expectations for everyone in that are different than what we've been used to because they are now interacting in america craddock way because they don't really know they can't see the person on the other end can you elaborate on us to give you some background. was building free to computer games in the eighty's and in the ninety's built one of the. online multiplayer virtual. school metropolis and then in the eights in the north seas. built one of the fellows as part of the scene of one of the 1st massively multiplayer online role playing games and we actually created a virtual currency could we put it this was before big cooking 50000000 uses. and so this is a long time coming we it's so someone who's been in that space it's been very clear

that this is the future of insurrection we are creating a new world and just like the explorers in the settlers when they felt that the old world was there with no opportunity for them decided to go to the us to canada they decide it's exits and go somewhere else and the cook asian. old well that is and new zealand and australia now i think every place on the planet says. if it should be populated most of the shoots you take and the only place to go is either outer space which will take decades and this is the kind of stealing for example i think far more interesting and family she was going into cyberspace this is new virtual building and that's where i think we'll produce use so in cyberspace of course we have additional money called big queen and big queen is on confiscated ball and that is one thing about starting from you know scratch because after the

civil war in america for example as you talked about previously enslaved people were given 40 acres and a mule and some money and actually the black american population did extremely well so well that it all got burned down so wall street in tulsa oklahoma there was a black wall street and durham north carolina there was a hugely successful north carolina city called wilmington north carolina which was black run they were elected to office they ran all the newspapers they were super successful. poor white people got angry and burned it down here we have your saying so artificial intelligence virtual reality you can be and look like whoever you want to be right. and you have an unconscious capable money so. as we head out into the break you know pitch your story about how that all comes together to create and a true meritocracy yeah i mean. i think you gave the i know the example of

the black wall street in tulsa but ultimately if you form a group and you're still identifiable there is a risk that people can identify you and therefore try to attack that. in an insider space from day one we are taught that the way you look doesn't matter in fact from every computer game he played you you take on the persona of someone else so in cyberspace the norm is to not look like yourself. and so when we're building these virtual is what would happen is originally everybody would look like white males and white females in perfect physical condition all 6 foot 2 if there were guys and all that went away and met $55.00 and and then after a year everybody would realise a bit like the incredibles where if everybody was sleeping no one it was really boring for everybody sort of the same and so therefore they started to look like and you now see it and in current day virtually they look that they're not limited

by the imagination that they very even try to look human they try to look like working on the hot dogs or whatever it is they try to express that in a idea that what is there and what isn't imagination and so that the identity goes out the window they then she cites to discrimination i think is a natural state of humankind's so they then decide to discriminate on other things and so you start seeing people say things like i can hear from your accent you're from the us or you're from the u.k. and people with american accents tend to congregate some people in the us that sense but there's technology that's working to deal with accent concealments as well because was really clear is if you remove the things that that's not really good mechanisms to discriminate or you have left things that are good mechanisms and as you say as you as you as you notice in the spaces you see people who. really interesting really charismatic really eloquent they rise to the top and that's the

society we want we want a society that we can work the hardest who is able to deliver the most an able to meld. the minds of men's towards a direction which we believe he can best society wow i'm ready to migrate to cyberspace they are going to take a break when they come back why would be no so don't go away. my no team no crowd. no shots. actually dealt. with well.

no small. points your thirst for action. the world is driven by a dream shaped by one person of those. who dares thinks. we dare to ask. welcome back to kaiser report summer solutions are right where chatting with the no

assume he's the c.e.o. they're calling for dot co dot u. k. o. before the break we were talking about how racism seems to be hard coded in our d.n.a. it's almost an instinctive human trait and all solutions seem to have failed including reparations and the idea of us going into cyberspace and achieving a true meritocracy by shedding all of our biases and prejudices and getting into something different now some would say oh you know what you're going to lose some of your. hope to gain the meritocracy you're going to lose some of your authenticity however what yours what you're suggesting is that with with this idea of migrating to cyberspace we are actually potentially going to find our true worse as a kind of our deeper selves so it's very profound very philosophical and this is all

about summer solutions but i mean this is an interesting concept and maybe just give it another minute or 2 to dig into that a little bit i'd like to be a doer of saving. people's views around race. i think it's we want to get to wode where you can explore this in the u. s book whites male female. over any religion and and no have any fear of being able to do that. i do think when it comes to feelings that you can view visually. be tried and tested approach to dealing with is money. and if you look at let's take again i am not jewish but jewish people from my perception receive a lot and have historically received a lot of prejudice throughout many many many centuries. however right

now it doesn't seem to affect them as much as effects but people and the difference is that they have money and there was a song the rap song and then in the ninety's because i was very interested in rap called money power respect and it's very simple if you have money you can buy power by media power and you can buy political power and media power and political power you can then change people's views and gain respect you can change you can lobby and governments and you can change the media message to counteract incorrect messages with the correct message another time most people then see that and be be affected by that what they post and say and their views will change but 1st you have to get money and in a world where. it's not meritocratic it may be difficult for you to get to that point so not only does go into cyberspace and that civilly allow you to

express or in a year it also is a far more meritocratic well because you in this world your identity doesn't matter all that matters is your capability and the reality is there is a lot of people of every background who are pretty capable so over time the best people in the world will move up to the top and they will come from all backgrounds and they would generate money and with that money they can change the perception if it is negative of whatever background in focus of the perception of women at the perception of black people perception of being not not able bodied whatever it may be these can be corrected by the subset of people who have a vested interest in change that perception who now also have the capital to change it so it will bennett. fit both the physical world and the nonphysical i want to ask though about this post real world i r l is no longer existing we're all in cyberspace there is the legacy of basically

we live in a society and an economy of that of can tell you naris you know the central bank still exists and it printed money and i think this is what is coming to a head right now it's i think you know the fact that since 1971 we've been on a u.s. dollar standard no attachment to anything like gold or anything and so whoever had all the assets then which were mostly white men in america and they had all the assets they own the assets and everybody else kind of was left behind because of that like there was just a recent data out of the u.s. fed that showed that black americans have have their back to basically 1968 in terms of where they are and in terms of the percentage of wealth of this economy like how how can we restart unless we end totally this can tell in effect life is a game and. be the game that's most

apes is this game of monopoly and i thought of this idea that wouldn't be great if every every so often in life just like in the game it gets reset. and it turns out a friend of mine who is you know. very very well read especially in that is text so this is not a new idea in fact in the old testament they have an idea called do you believe that every i believe is every 49 years maybe 50 is some people argue is 49 to 50 everybody's debts would be forgiven if you look at socorro you saw yourself into slavery you'd be forgiven and you would and the land you had would be given back to you is the effectively the physical world equivalent of playing monopoly and at the end. you get reset and so unfortunately that's not able to happen it doesn't happen anymore it doesn't happen in the physical well but. in

the virtual world i believe what will happen is over time people are no good at holding on to their value if they don't have access to a inflationary money where they can affect somebody take advantage of friends to constantly replace any wealth they leased through bad economical business decisions they will eventually lose wealth and you only end up at the top with the best people and the opportunity to rise at the top becomes equal for everybody carson operates get analogy what i've noticed and the american system of a not play when blacks are all the die thing that somehow is going to present and land the white rather die thank pascal and collect 2 $100.00. so that's how it's played in this country but you know you so you make the point that money is the basis of power in achieving money and getting money it's i call it interest rate apartheid where if you're not if you're a friend of goldman sachs your cost of borrowing is 0 if you're not a friend of goldman sachs your borrowing costs suddenly go to 20 percent 30 percent

2000 percent of the payday lender so it's a form of apartheid and i get that but getting back to cyberspace and the creation of a meritocracy as you describe it where you get rid of our prejudices and biases that are kind of present from birth. when you talk about bitcoin you're also talking about an environment of friction the less money or frictionless environment the need for power changes or diminishes because you know that old need for power because the wealth was the gold and you had to go dig it out of the ground it you have to spend a lot of money to dig it out of the ground and agriculture is very labor intensive manufacturing is labor intensive all the wealth up until now has been labor intensive capital intensive and now we've got an environment in cyberspace words effectively frictionless. and is out does that feed into the meritocracy is that a necessary ingredient to remove all the weight from money i think this is where.

things are about to change and then in a way which people don't really understand. up until now if people want to trying to make life better that was assessed well to sit approach you and you came from a predominant i could go troll weld or country you may try to produce goods and they're beginning to people who manufacture who to give it to people who provide high end high end high value goods now the highest value fing we can do in society things that are completely digital in nature if you look at the world's 1000000 as number one and 2 iranian issues of finance and technology and these industries where all you need is is your mind and access to a computer and the internet now. side effects of space x. you know musk is going to be providing low cost gigabit internet to the world we've

been moving in 18 months and there are many other. providers who are going to be doing the same. separate. marine be a powerful thing about the v.o.r. in the vo headsets and so until just coming out is it's actually even day one false less expensive than mobile phones because the smaller the device just the name the physical nature of the villages the impeller the less power it takes the less complex it becomes and so these new devices which provide a phone more it's fun a pump experience a less expensive as well so you know have less expensive devices. to the internets which is pervasive and you now have access to anybody in the world can provide a service which is the highest body service not the lowest value and so you're going to see this explosion of competition with everybody other than the most privileged benefits so that's why for example don't always

understand the idea of things that. other movements like this because i don't see the logical benefit to someone to willingly reduce their advantage and so i think instead you have to take the advantage and in only history that was taken violently and now we have an opportunity i prefer a nonviolent way of doing this and i now we have the opportunity for a nonviolent revolution a revolution of the minds and that's i think is incredibly exciting so is it possible in this paradigm that you're outlining hair that the concept of wealth and stuff changes so jeff bezos he can spend a $1000000000.00 on a yacht somebody who is relatively broke can buy a yacht in cyberspace for one dollar and they're effectively it wall once you enter that space is that correct and doesn't that kind of change what the whole idea of

wealth is to begin with correct i mean i think there's different levels of wealth and different of sophistications. so the ostentatious displays of wealth will very quickly be coming this in this world this will but will all respects if you look at masses hierarchy of needs willful so that should i say should that will remain we will still look to discriminate new people still want to have esteem and be respected but the easy way of just spending money and showing you have an item that will not be the case well they say to coin has a profound impact on the way people think i said i got a good example of this right now. thanks so much for being on the kaiser report he's over a coin for dot co dot u.k. you can find us on twitter a kind of 3 part we're going to be down some more of the summer solutions so stay 10 until next time by.

of the. kayleigh stitches but it's put to rest and not just get up but the style of speech that i. eat eat eat the food

or should my isp or i'm going to get ships will. put up. a post but i don't suppose. they did. the push too much to thomas about a month or so. we have the resources. we're aware of the you know already we're out of the current we're out of the curb.