the european council president accuses britain of imposing an outright ban on vaccine exports a claim the u.k. furiously denies. also in the headlines this hour cover ups failures and delays lawyers and doctors launch a people's inquiry after blasting the british government for fatal errors in the pandemic. many of the families do believe their loved ones did. not everyone. and our sister channel are famous in german newspaper for claiming it was spying on russian opposition figures. up to speed now on the headlines at this hour the report is up next on march

international while in the u.k. . stay with us. hi i'm max kaiser this is the kaiser reports well there is more stimulus coming from the government. they say yes worst mom money thus the big saying that happens here but by the way i do want to note that max is wearing a mexican flag fitting rare sight out of iowa i know it's a little early but you never can be too early i love it love it and of course i have bought this shirt here i bought this in mexico city so it's a local made mexico city t. shirt so in terms of in the united states we've had yet another stimulus check is

going to hit the balance sheets of some people some lucky americans get a $1400.00 check and again what we've pointed out over the past few years is it's emerging more and more that bitcoin is taking the place of what the gold vigilantes or the bond vigilantes used to be at the bottom the gold bugs in the bond vigilantes used to keep the government honest use to keep the government from spending too much they've been basically tamed by various you know techniques from the federal reserve and the central banks and the treasury but between is free free market and big question retakes $50000.00 as another round of u.s. stimulus checks to bring new ammunition for retail investors were right i'm glad you brought that up again it gets us so important when you have a government that's cable to print money willy nilly without end without any accountability whatsoever you need some work a reaction and that used to be in the form of the bond market bijou landis' that

would all my gosh they're printing to much money we're going to drop bonds or of the gold. the bugs would say oh my gosh you know gold's going to go higher because the government's out of control but both of those 2 have been euthanized you don't have bond vigilantes or gold vigilantes anymore but because it is immoral because when is confiscate a bull and nobody is going to put because i want to do it because it is saying you know what this money printing is out of control and we're going a lot higher it speaks truth to power and we don't have that anymore we don't have that in the media and mainstream media the cable news does not hold truth you know to power they don't challenge them this is the only thing challenging power is a check on unlimited power and it's important for any system to have that and this is good that it has it now we have our 1st major institutional player getting

involved in between from scandinavia and it makes sense that it would obviously be from norway because norway has an abundant supply of energy and oil wealth so amazing to see a 180 year old norwegian energy engineering company with a guest. 7.25000000000 adding 1170 big into its treasury are going for a future where a big question helps me global climate targets investing in green bitcoin mining to help d. carbonized global energy systems and she in particular highlights one paragraph from this letter from ocker they have formed a new division called c.t.e. which is investing in bitcoin and i think this is important for the audience to hear c.t. will establish mining operations that transfer stranded or intermittent electricity without stable demand locally wind solar hydro power economic assets that can

be used anywhere because it is in our eyes a load balancing economic battery. and batteries are essential to the energy transition required to reach the targets of the paris agreement our ambition is to be a valuable partner in new renewable projects 3rd we will build and invest in projects and companies in ecosystem for a certain mark of a statement because already 30 percent of the energy required in the big point at work is renewable and now this just makes it that much more percentage of the total power and it's heading toward 100 percent renewable energy because solar wind and renewables are now the cheapest forms of energy and that's the main component in pricing because mining is the energy source and the fact that they're into doing this in norway speaks to the fact that the queen is a tear one asset it's a global reserve asset it's replacing other tear one global reserve assets and

there are only $21.00 is a u.s. treasury note the other is gold and the u.s. treasury note is under severe stress because of the policies in washington or essentially euthanizing the u.s. dollar and gold is being de monetized because bitcoin does everything gold could do but much much better also the language in that statement ripped right from michael saylor over at micro strategy his playbook that he shared with c.e.o.'s just a few weeks ago in a big conference down in miami that has now filtered to the board level of all these corporations are going to got to believe that the 2nd quarter of 2021 we're going to have maybe a hundreds of these similar announcements and that's a get the big going to win 200-2021 so this really responds to the fog being put out by the mainstream media the likes of the b.b.c. the likes of newsweek and time men and bloomberg are keep on saying that big question is going to boil the oceans and here is

a company 180 year old norwegian energy engineering company who knows about engineering knows about energy now understands this stuff and i think you had said 30 percent of mining comes from renewable energies many firms put it at 70 percent or over so there's about 30 percent left that can still be converted to renewable right so here they're saying like. this is the this is like human ingenuity that paul tudor jones was talking about here this guy is talking about the concept of stranded energy and that's what we've talked about here and nobody on bloomberg nobody in the b.b.c. talks about stranded energy the stranded energy is energy that is available in places like siberia places like remote west texas complete desert other than the fact that has a lot of solar and a lot of wind and it could power up things like this so they're saying it's stranded energy it's energy available it's being produced out there use it to you convert it to economic energy instead

a monetary unit of account that bank can be transferred elsewhere so it's that sort of cycle that human ingenuity that paul tudor jones said when he bet on decline as as a bet on the future of humanity of course our way also has one of the biggest if not the biggest sovereign wealth fund we have news last week that the singapore sovereign wealth fund is i'm getting involved in because there are ways to cut or and similarly these energy rich companies like countries like norway they start thinking about stranded energy and how to convert flaring gas countries like nigeria it's a big coin mining the hardest known money ever in history of human beings and you know this is the that's why we've been talked about in terms of being a renaissance a revolution because we haven't had a change in bass player money on planet earth for humans in 5000 years right and of course i believe it is the norway sovereign wealth fund which has over a trillion dollars that they are invested in microsatellite she says they do indeed already own bitcoin in the norwegian sovereign wealth fund so yeah this is the

future and these are like these are the facts these are the sort of people that max and stacy and price report cover and look at these are the thinkers that you know you could listen to us and we were reading people who have a 180 year old norwegian energy engineering company or you can listen to a presenter on bloomberg who talks to somebody that is a new. like norio who beanie who says you know that they're going to boil the oceans without any facts they don't actually have the it's not like they back there's their information with data it's not like they say well we know for a fact that it emitted this many tons of carbon to produce these bitcoin but they don't have the the data is here and that is showing that you're providing energy efficiency and capturing stranded energy which is something that is human and to new ity that is how you grow an economy that is how you. become more efficient as economy that is capitalism yeah that is capitalism and if you have the hardest

money ever known in the history of humans as the base layer of your entrepreneurial capitalist model you have. the monetization of war and violence and you have a new monetisation of peace and love and that's also a huge leap profound change in heart variance here on planet earth and it's coming right now by the way because it is getting very very warm here in the sub tropics of north carolina you might start hearing some birds going crazy as spring arrives and they i could hear them off camera chattering like screaming out there along they're excited at the because there are environments going to get better now we take carbon out of the environment because a big point is saving the birds saving the ecosystem saving all the wildlife saving him as this without because there's a high possibility humans would have become extinct in the next 50 years because we

have bitcoin we will make it forward so thanks to toshi right and you know here's another headline that kind of brings. back a story that we've been covering for the last few years as well which is the 3 cities trap and this is important for wives and i think is is emerging as a global settlement slayer is because of the city's trap nobody wants this to end violently you know the cities trappist been 18 big ones throughout history which is a rising power once it's usurping former top power that is starting to decline they usually it turns into conflict violent conflict took twice out of those 18 times it didn't and violently this perhaps be also said well i'm not violent because of thanks to bitcoin but the data on what a year of lockdowns more money printing without producing any wealth right you're

not creating any wealth because everybody still at home for the most part well china exports jump by most ever as a global economy red lines china's exports. surged by a record 60.6 percent year on year in january february and smashing expectations of 40 percent in part due to the one year anniversary of china's shutdown last february when coven 1st emerged but also thanks to the soaring global economy which at least in the u.s. grew at the fastest pace on record in february according to goldman so the economy grew by how much money printing was going on and a lot of people getting stimulus checks and spending all that money and also compared to february of last year we all remember when china was completely shut down and that's how we all knew that a pandemic was coming because why else would they shut down our entire economy our media here were acting like oh don't you don't need to wear a mask go out socialize you know keep the economy going keep spending keep shopping

and everything's going to be fine when we were on here on this show going well why are they all shut down there like they're not irrational right so something must be going out right so the money that's printed they kind of goes through the u.s. economy in the form of consumptions yeah and then ends up in china where they reinvest it in manufacturing and research and development yes so that's why the u.s. is never going to grow because there's no way that the money here in the u.s. as a passes through the u.s. on its way to china it's leveraged it ratios and capitalized on in ways that would create ongoing sustainable growth and compound growth no it goes through it like just. i don't think i can think of it as root so i won't say it but it just goes through the u.s. economy and it just goes into china so all the money printing after a brief trip through the u.s. it ends up in china and china saying well thank you thank you so much you that we can help to say thank you enough and i want to make

a point that despite all the rhetoric all that shouting all that tweeting by the data on what happened in 2020 in terms of exports to the united states from china. well by major export destination exports the united states surged 87.3 percent year on year january to february versus 34.5 percent year on year in december and growth of exports to to the e.u. accelerated by 62.6 percent in contrast exports to japan and korea rose 47.7 percent and 49.0 percent respectively so there. again as we've said before this is like a post world war 2 situation where they're the only one standing there they are commonly standing so of course it makes sense that they're exporting because they're open for business and. the says the city of strapped well speaking out through cities trips this is the max the stakes get briefly and then we come back with some more don't go away.

is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation full community. are you going the right way or are you being led. direct. what is truth what is faith. in a world corrupted you need to descend. to join us in the depths. or inmate in the shallowness.

tactics that can be used to get innocent people to confess to crimes they didn't commit i don't even think people in the us really get that the police are allowed to lie to the person who falsely fast actually came to believe the lie that they were told about their own behavior once a false confession is taken the case is closed and nobody really can tell the difference between a good confession and one that isn't. welcome back to the kaiser report imax keyser time now to go to johnson chester of big

wages dot com full disclosure i am an early investor in this company jonathan welcome to the kaiser report thank you for all right great so it's 2021 and everyone wants to be paid n bitcoin but you add bit weights have been making that happen since 2014 so tell us about it wage when you started how you started tell us about. yes so we started back in 2014 and i was working at work all prior to this i was working at a sales over there and it was really not that interesting of a job so i found myself looking into all sorts of new technologies and i came across a big quote this is 2013 and. in the ted talk that i saw i was talking about how big would be the future of banks beyond bank great financial sovereignty out with international remittances you know all these sort of things and we thought

and i thought wow this is really cool went down the rabbit hole about a month later i came out this obsessed because you guys thing is in 2013 being obsessed big guy there weren't a lot of those and by being loud at oracle some of my colleagues connected me with another person at the technical side of oracle who was also in it you know a crazy guy we got together we said ok what doesn't exist in the world of big quite there were exchanges wallets there were chip processors but there was no way to essentially take big coin that were received by the merchant and send it to the employees there was no closed financial loop so we said ok let's be the 1st to do because payroll and that's that's what we did what we set out to do of course you know doing big client hero in 2014 was a little bit insane. to say the least but now where are we today

we are at the forefront of remote work and cryptocurrency which have both been catalyzed by this pandemic that we're living in right now and while we do the products that we have today is a company product where a company signs up invites their workers to pay employees and freelancers globally . using our system or we have a worker product where they sign up and they get like a direct deposit in the u.s. the e.u. or the u.k. make you give that to any company so look at pete from hooper or facebook or g.e. pretty much any company funds will hit a direct deposit account and then we pay them and there's 2 different use cases there one i want 51015 percent of my wage and big coin because i want to hedge against my local currency and the other is i want to cross border wage that's faster and cheaper than a typical wire transaction and then i'll get it either as big coin sometimes as

a stable coin or even directly into my bank and some of the best exchange rates. right so as you point out 2014 this seemed like a french idea it seemed like a crazy idea but we're now we've got professional athletes demanding that they be paid an bitcoin and that seems to be a rising trend as the story of big coing gets well known that it's a hedge against this ever of operating is less fear money a did you think that we'll see more of that professional athletic rome and stars and that type is it is it going up the ladder to the high earners in america. yes so over the years we we seen the whole gambit you know from from venture capitalists getting their bonuses paid out in big coin to every day people at coffee shops getting paid in the past month we had someone from a major league soccer in the united states sign up i can't say their name right

now. but yeah i mean this is this is really up and coming and i see not just you know the high net worth well who are you know in the music or movie or sports industries but even the people were just trying to make a savings a freelancer who does art work projects and if they think you know i live day to day it's great how my going to say for a house newspaper thinking oh oh i just give 5 or 10 percent of my wage and big point that's going to force me to say it and eventually help me. write as though i presume that you can hear how what's the headcount now over there at it wage how many people do you have working over there is think are you growing do you need it what's happening as a business i mean i haven't haven't talked to you guys in a couple years actually tell me what's happening in the business sure yet so we're 10 full time people right now vote but we are hiring we added 2 new people to the

team this year so far and we're expecting to continue to grow since the since the bottom in cove it's on the beginning of code it was like a lot of craziness and people were getting laid off so we did see a little bit of a decrease but since that bottom at the end of the year we grew 65 percent. and we're expecting to double this year so i think that we're really going to see a strong 2021 and likely beyond right well it's a great entrepreneurial story you guys just kind of stuck stuck it out stuck with it and the market kind of came to you so you identify the market way way ahead of the crowd. and now it's come to you and i like the saw idea about being paid globally because bitcoin has become a global reserve asset and everyone around the world speaks bitcoin now is just a big player and norway is adding big to their reserves as well as corporations

adding it to their reserves so what is your thoughts about this can the big question becoming a global world reserve currency maybe even if you don't displacing the dollar or competing with the dollar what are your thoughts on that jonathan. so i think where it is right now i mean my where where i see it is competing with gold and maybe eventually the dollar i kind of believe that the dollar it's not going to displace the dollar in so much as the dollar is going to displace itself and when it does well what are people going to turn to right. well do people really want the chinese yuan i don't i don't really think so it's also heavily manipulated the euro maybe it will exist in in 10 years maybe not who really knows so when looking at the alternatives i think they quite as is the obvious choice here. and what's going to happen at some point and become becomes either this competitor to gold or this

world reserve currency is instead of this crazy volatility i think it's going to have like a small constant growth rate and when you have this ever growing to flay sherry currency that is really not a vault tile in the future it's just going to be obvious to have it in your bank account because it is the most liquid way to store value in the world and who doesn't want that as their savings account and it's their savings account and who's going to expect to fill that it seems count with anything besides their paycheck right you know when i talk to entrepreneurs and i've done this for 10 years as you know we were an early investor in your company and it's it is remarkable to me is that this generation i take it you're a millennial and my is an affair gas yeah yeah ok so how does the fact is that your generation that has been tasked with reinventing the global economy how it works and how we look at money right so somehow you got your number came up and you are

now in your generations in charge of really architecting the entire global economy based on the status money that's ever been we've ever experienced how do you feel about that responsibility do you feel that you have that responsibility are you aware of that responsibility or or not what are your thoughts about this. it's an interesting it's an interesting thought process i think that one thing think about when it comes to how the global economy works is in the united states is easy to think that monetary systems are not that. you have all these secondary layers and make it seem like money moves up nearly instantly but when you start looking at it in an international context context it becomes quite broke you have not only lots of intermediaries that cause delays payments that can sometimes get lost for days or even weeks but you also have a lot of people sticking their hands in the pot and taking out 5 to 10 percent. is

just for middleman in the transactions and then ultimately what ends up happening is all these systems end up being built on top of you know ranging degrees of corrupt policies so in a lot of countries. they just print money or you know reasons to benefit the people that are in the government. you might argue that happens in the united states but happens even more in a lot of places like in latin america and brazil in argentina and that's where we were really seeing a lot of traction today is a lot of people in latin america who want to get paid in in big coin and store their store there was there and we're enabling and i think it's a very important issue right well citi bank believes the big one will be the global settlement slayer within 7 years so they're clearly think this will challenge the u.s. dollar on a global basis so tell us a little we got

a couple of minutes tell us a little bit how it works like how do i how do you does product. sure yeah so you you sign up so let's say you are actually in the u.s. you want 10 percent of your wages decline or you're in argentina and you export your services to to the u.s. and you want your entire wage and requests how does it work you sign up and you actually get a deposit account so you'll get like avoided shack in the united states that has your your account and routing number on it and then you provide that to literally whoever is going to pay you in the united states can happen in europe or u.k. as well you sign up they pay into it and then those funds if ordered to in exchange for their currency is then bought and then it's sent to you you can also choose to get it into your bank account in which case instead of the crypto being sent to you and into your wallet then goes to an exchange in the local country it's converted into the local currency and deposited into your bank account so remember that you can choose any percentage that you want to be in big quite as maybe not everyone is

ready to get 100 percent of their wage even i'm not ready to get 100 percent of my wage decline. but this is how it works also there are ways for companies to sign up they're actually comes you sign up and will find their payrolls with crypto currency but the most but the most popular use cases they'll give us dollars or euros or ounce and then the workers globally will sign up and say i want to korean or funds in my my local bank account and then we've the sauteed at it and greg johnson chester of bit waves thanks for being on the kaiser report yeah thank you for having me all right that's going to do it for this edition of kaiser report with me max kaiser and stacy herbert want to thank our guests jonathan chester of bit weights dot com until next time.

some control for a middle class overnight most some are very hardworking people who want to get ahead that either have some some health issues or have some of it out of trick

about luck the whole time joel moon told me his pay for a place to live and missing just a month's rent can get you with victim to gunpoint if anything bad happens to any thing that just throws your budget off slightly. you better catch up real quick or you're going to have a judgment of possession against you and get addicted to anyone that's homeless is history like garbage the polls look at you like a monster or someone bad or you chose to be there most of the time it's not the case see how it is to be in the world's richest country. seemed wrong. just don't call. me old baby yet to shape out just being comfy as a whole and in gains from an equals betrayal. when so many.