you know we listen to all sorts of heterodox thinkers who imagine better worlds who imagine things can get better who always you know have faith in humanity that humanity at the end of the day will always rise above the elites and what the elite always want to crush innovation and ingenuity and things like that because they want to solidify their hold on power right so you know which when we look at what has happened in the united states with covert for example in the response. keyser for very early on we spoke to bruce fenton he's a big queen are and what did he say he he was one of the early ists i've known we got prepared because of him in january he was like you've got to get prepared for this coded pandemic it's coming you know stock up on this prize and stuff like that he came on to the report and he said the thing is like he thought it would be ok ultimately because americans will come up with their own unique solution that they

would not be able to do it turning a dead which is because china is more authoritarian and can lock down the population but he thought we would come up with something innovative and unique to america but we didn't and we'll get into that in a moment you know what are your thoughts on the well i think the point about because is that it is a bet on humanity has paul tudor jones has said. that is proving itself on a day to day basis because those in the big community are extremely positive about the future because big cowen solves a lot of problems we face because if money because of central banks even the nation state itself as a unit of governance has kind of outgrown its usefulness and so the big client communities very constructive very positive about this and we see that

growing every single day now whether that helps the price go up or whether the price goes up because. that's what makes people positive i think there's a self feeding dynamic going on there and you know it's all good yeah that's about time preference right so people in the big one community have hope for the future they they want you know they know their savings is going to grow and they know the the world is going to get better as the money gets harder and. carter so when you look at a gulag casino state of a currency and what it inspires and what it encourages is very short term thinking so we have elites trapped in a cycle of the new cycle the cable news cycle and they like to bash each other the other side is like you know that professional wrestling where they're beating each other up in this fake sort of way but the one who is the most extreme and jumps from the highest rope and lands on the other guy's back and they spread eagle and

all this sort of stuff like that supposed to be like the most entertaining and that's all they're focused on so you can see it in this this study that has actually come up out and it's been reported to the national bureau of economic research and the researchers are from dartmouth and brown so too by the ivy league definitely one of them is i think i'm not sure about dartmouth but as close to us news coverage of cove it has been more negative than in other countries researchers find so they're referring to that report which is called why is all covert 1000. and this is so fascinating here's a summary of their results we analyze the tone of coded 19 related in english language news articles written since january 1st 202091 percent of stories by u.s. major media outlets are negative in tone versus 54 percent for non us major sources and 65 percent for scientific journals the negativity of the u.s.

major media is notable even in areas with positive scientific developments including school reopening and vaccine trials media negativity is unresponsive to changing trends in new 1000 cases or the political leanings of the audience us major media readers strongly prefer negative stories about coven 19 and negative stories and general stories. increasing coded 1000 cases outnumber stories of decreasing cases by a factor of 5.5 even during periods when new cases are declining among us major media outlets stories discussing president donald trump and hydroxy clark and are more numerous than all stories combined that cover companies and individual researchers working on covert 1900 vaccines grad well it's a failure of journalism such generalism standards on them and the united states of

fallen to even below tabloid down below the national enquirer type levels right it's become like that famous book and then subsequent movie lord of the flies so you have cable news anchors trapped on an island. and they become savage and sadistic right and the audience they're bringing their audience along with them. and nothing. and eventually becomes almost. countability right and so this is but but but on the same token you know the big coin is offering way for people to completely ignore than it is completely ignore presidential politics completely ignore the fact completely ignore economists because they're all being distant from mediated their ball being euthanized you know when you could

say and so there's tremendous hope in this. i won't miss any of these folks to tell you the truth happy to see them go right that's the thing is this that's the problem with corporate media the profits are in as you know as a former stockbroker you know people get addicted to law losing they get addicted to fear they get addicted to helplessness and all that that is generated on the cable news and so they have it's kind of a feedback loop they have to keep on doing that otherwise if rachel maddow doesn't feed them fear then she loses her job or her income gets caught right so it means that the best just the facts of of we see in the numbers 91 percent are negative stories about cove it in the united states no matter how good the news is versus 54 percent over seen right or a press apple to contrast this right because it's been around

a lot longer and the institutions are a lot stronger. in continental europe for sure you have a much more sense of dignity for people who travel to spain or italy or france and they go especially in the countryside you meet folks who are by american standards not well off men. maybe not even middle class but they have tremendous dignity and that's something you never find in america you have a leith's and they tend to call everyone else deplorable as was the case and neither hillary or any of the people she's calling deplorable know anything about having any kind of dignity these same organizations that go into the top 14 are the most negative and those 14 include the new york times include the washington post include m s n b c and c.n.n. those are now the arbiters of our truth and that and the truth they are telling you is to be afraid and that everything is horrible but in fact the data showed

otherwise so again this is a study in the national bureau of economic research and they say overall the major us media outlets the 14 most viewed and read are the most negative of all as an example the author cites separate research on schools during the pandemic which found that overall infection rates among students were low 0.14 percent and schools didn't become super spreaders as many feared they would yet 90 percent of the school reopening reports in the us major media were negative versus only 56 percent and non us major media so again there's just a disconnect there's something going wrong with the elite messaging system that they themselves are living in fear because of the rising discontent with their rule and so they're projecting so much of their fear and their negativity onto things that just don't exist like that as this research paper shows it just doesn't exist

in real life and yet they're painting a very negative story right well i think was garbage to all who refer to america's united states of amnesia. so we have touched on this before the americans like to forget slavery. they like to forget the atrocities on the native population the united states of amnesia so the cost of all that the trade off is they have no institutions no cultural institutions no public institutions and no memory in their memory so there's no it's all basically winner take all it's just basically guttural fighting bumfights right so if you ever seen those videos i think they've outlawed them now from fighting this is pretty much the american experience you go to the supermarket they go to wal-mart on black friday it's bum fight day try to get some health care you get on the hospital it's bumfights everywhere you look i mean that's the america that is taken over and the main is feeding it because they

get a concession they're like selling hot dogs at the bottom fight so they are happy because they're making a lot of money but in europe it's there's a cultural tradition an aesthetic there's art you know these types of things that are a lifting of the spirit you know people spirit can be lifted easily in europe because they are surrounded by hundreds of years a 1000 years of culture in the us the oldest thing are the trees and of course the media elite are can tell you nair's so all that negativity is forcing the fed to print ever more money to save the economy and that's another thing that i keep on saying is like you'll see people just casually drop the disasters the qana me and the disastrous economic situation for everybody and then you're like wait but incomes are up 5 and a half percent because there's so much money for it to get so much free money going around savings this huge like the huge expansion of unemployment benefits so like

there's a total disconnect between what the world that the media presents and that that is lived and i just think it's a dangerous disconnect and and it's especially dangerous that these things bodies the same 14 u.s. media outlets are at the front forefront of shutting down other options for. might tell you that in fact it's not so bad in fact people like that who say it wasn't as bad that coven wasn't as bad or there were some positive outlook or positive news they got to monetize on you tube they got like shadow bands so you know. join the orange felt. oh yeah it's too. far. orange pell is the max stacy telegram group there's almost 8000 people in there now and it's totally positive and you can escape the misery of cable news. speaking of escaping take a break and when we come back much more coming your way. the

world is driven by shaped by. thinks. we. ask. my pappy always.

you know. you. need to get. caught.

so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. dramatic development only really. will be successful. welcome back to the kaiser report imax keyser time now to go to big coin entrepreneur b.j. boy a pop b.j. welcome thanks max i'm really happy to be with you have been watching you on here for a really long time sir great to finally shall we be they also mean i've been following

you on twitter for a while and i want to get ya now you've got a very interesting bitcoin journey how is it that your family found itself trying to secure its wealth when crossing borders and how that experience led you could bitcoin b.j. yes i when i was a kid my mother got sick and we grew up in a strain of my dad is from india and my dad kind of got really worried in decided he thought it might be a good idea to move his family back to india and this was in the early ninety's when you can really have a king system and he decided to sew all his assets in astray and take his wealth back to india by carrying a bag of gold in an airplane and i still vividly remember is a young child how stressed out and tense my dad was this entire time in the years not. is this a particularly crops country and it's a it's

a scary thing to take your wealth in a bag what country so i really had. personal experience experience which allowed me to grok oh deeply understand the value proposition a big question only on the ability to transfer your wealth anywhere at any time without anyone's permission so i think only on when i came across because i had very quickly understood what was value or a chart sounds on a map showing that on the bit coy network a half a 1000000 and value is swapped every 2nd of every day and the point also a big. it's about value swapping not transactions per se it's not about getting a cup of coffee it's being able to move your entire net worth without having any body stop you it's on confiscated wallet on sensor ball and made it such a great example of exactly what that means to a family now back in 2018 year out that owning bitcoin is one of the few asymmetric

bets that people across the entire world can't participate in we've got a massive audience a lot of america b.j. is this still true or is it too late now that the institutions have arrived i think the upside is still massive to be queen i mean is one of the great things that it's a technology that can improve freedom across the entire world but you can also benefit financially from it i think the tweeny. own value proposition on that you can take your savings anywhere on earth without anyone's permission and that your savings comp be debased everything else is noise value propositions and i think that. people who review. 3rd world countries are places like india have a much more visceral understanding of why that's important people in the west see the financial opportunity they want to become richer than they already are and i

think if you with more of the poorer countries where you currency is being debased or your savings have been confiscated by a clip to credit government. it really resonates a lot more that keeping your savings is that is a very important theme full families now of course in india it's a country with tremendous gold ownership something like 20000 tons of gold are owned by indians principally women as a form of wealth and so there is an understanding in inherent understanding of gold as wealth in the because in world we find a lot of tension between the gold. odds and the crowd and what one of the goal of the goal people missing about to quite a while why why can't they seem to understand what's going on air or are they right b.j. i think a lot of gold. mistakenly obsessed with its physicality that it's real it's

tangible it has intrinsic value what i think in missing is that gold so i started be concerns all of the properties that make old good is a store of value in the properties that have been understood since the time of aristotle. fungibility divisibility portability and most importantly scarcity the way i think about bitcoin is its gold with teleportation built in and that's it that's a critical comparative advantage is critical innovation the coin brings that gold is ever had gold physicality causes a problem of locality it's hard to mirth and it causes a tendency to want centralization of storage which makes gold much more vulnerable to state attack and because it is so if you look at u.s. history for example in 1933 franklin roosevelt issued an executive order 610 through which confiscated every one savings which was at the time in gold gold was

money that is something that decline is much better preventing and i think it's key comparative advantage you can you can cross a border with $100000000.00 with a decline without anyone ever knowing you can keep your savings without anyone ever knowing and that's a very very powerful thing especially in countries with. tucker seas and. dictators who are prone to confiscating the savings of people now are saying a lot of interesting competition break out amongst countries that are low. going for financial migrants to come move to their country 50 who have a lot of wealth who maybe are not being treated as well as they could be in their home countries they're moving to these countries with their big coin and this is breaking down the nation state barrier because a nation states no longer have that monopoly or full of company position that they once had that's one of the effects one of the impacts of bitcoin of course called

going back millennia now few 1000 years it's always valued in terms of weight. and it's a weight of gold and this was during a time when many people in asia we're all dead now understand mathematics than understand how to add 2 plus 2 with an even exist of course that we have mathematics that only bad maybe 3 or 400 years old that we've had modern mathematics and now 2020 and starting in 201822008 with the white paper we've turned mathematics fans of old but that's a story for another day so let's continue on here with. gold because it sound money you talk about or it's the norm in human history the fear of money was the anomaly while others can we draw from nearly 50 years long experiment of a purely fear of money world major you know we live in a very strange time in history most of history has had sound money money which is

scarce can't be printed common created by governments and it's really just the last century when we've tried this what i call. call the fear money into regnum i think it's sort of a brief pause in history where we're trying this horrible experiment with yet more money and we're going to get back to some money we're going to go back to a coin standard. you look at the 20th century it's i think our posterity is going to look at it as one of the most long thursday destructive centuries in human history and it really comes down to governments having the ability to much more easily fund the welfare wharf estate and they can do that through inflation it's a way for governments to in cities 3. appropriate the savings of their population use it for purposes that they. claim a beneficial. if you if you go back

a few centuries it's much harder for governments to fund warfare because they would have to have to direct. task to direct taxation is we're deeply unpopular in is that. people see the money coming out of their pocket strictly and they at some point these parties that inflation is much more serious not since because it's a huge task people don't really understand what governments have been able to do and this is come out now documented in the gold market it's now an open it's an open known fact that big banks on wall street like j.p. morgan have been manipulating the price of gold so they they and they don't allow for a price discovery in the price of gold and so the point being that $1.00 governmental say you know all that money partings going to cause inflation and they do $2.00 things they adjust a calculation for inflation to explain anything they're going up in price and then

the point to the price of gold and say whoa if there's so much inflation out them gold is going sideways so now we know that that there's no real price discovery but with big coin we have genuine prices covering it skyrocketing isn't bitcoin telling us they were watching a well let me ask you this the money currencies they are in right now a hyperinflationary collapse against bitcoin b.j. . yeah i think that's right and i think to many people gold is much more manipulable because because of its tendency decentralization in custody in launch financial institutions but even with gold i would say that that kind of chicanery can really last a long gold has been rising for you know the last couple of years and i think shane or e is over i think gold is going to do pretty well as well in the next few years clean is going to do much much better than gold because it is the asymmetric gold is no longer an asymmetry and because it is an asymmetric bet because what we're seeing

is a monetary very standardized patient which is the cool of global savings moving from one monetary stand it when you monetary standard and as as tourists savings little savings flowing to be occurring is very naturally going to skyrocket because of its limited supply so i think that both. forms of saving are going to do well but i think because it is going to be much that it will go right on that note in june of 2090 veejay a boy a potty wrote the following quote very few people correctly anticipate how high the market will go and most will be shocked by the final peak this is the bull market when bitcoin achieves geo political significance so everyone will be watching the feeding frenzy maybe like nothing we've ever seen now says he wrote that citibank came out with a report they're looking for because that trade at 300000 or 310000 dollars per

coin 2021 is that approximately where you're your stances are do you have what works your number these days. i mean you specifically pretty good look at i like to think about christmas through cycles and how similar this bull cycle is to the previous 11 of the we've never seen a monetary could be monetized in real time so we're all learning something and one of the things i think is most fascinating is that we're learning that process is monetize ation happens in this kind of strange fractal pattern of increasing magnitude if so if you look at the block of 20 you have into 2013 a very very similar to the bull market from 2016 to 17 and same thing is happening again if you were to model this current bull market based on the prior bull market and actually if you look at it we kind of ahead of schedule right now the price is higher than it should be we're following the same poppy quote here proximately 3

125000 somewhere in october of 2021 are whether that happens or not i am not sure i am. a little surprised we moving as fast as we are because because it is already at sort of a significant scale i would have thought this bull market would happen a little slowly but it's happening much faster than i thought so i think it's entirely possible these numbers are being thrown out are reasonable right ok we're going to do another segment with you for now it's good bye thanks for being on the kaiser parv ha. thanks max and that's going to do it for this edition of kaiser report with me. and stacy i would like to thank our guests. next time by you'll.

always be polite never engage with a negative a good or confrontational. don't get into any conversation or start answering questions just. surviving. definitely don't want to. show one. you're more likely to walk free if you're rich. or if you're poor and. you've got 2 eyes 2 ears and one mouth. so you should be seen here and a whole lot more than you're saying if you don't take that advice easy going to dig yourself. look there on the cheap. and then prove that countries don't let's

get right to go through this country he said if we give them everything. this country. this is what we don't understand how we are in such a. similar . if the middle is of on board not that god can we believe again in the world without the computer without the plane. would come back to the police story you have to see . that you. if you really.

believe you. the headlines in r.t. international made mass protests against france's controversial security bill the u.n. claims it's incompatible with international human rights and called on paris to reconsider however the government doesn't back down saying it can only be rewritten also to russia starts for a mass vaccinations against covert 19 in the capital we look at who gets the job 1st also. we need to also understand that this is not going to be a silver bullet just because. the head of the international red cross warns the new vaccines won't solve all the problems with the virus but they also say there's been an unprecedented surge of volunteers willing to join the fight against the

pandemic with reporter matt.