our profile and stuff like that. it is anti american to destroy our currency, said senator lama on money printing. so the us dollar money printing has been a huge topic on stage at this conference. right. well that's been a topic on this show for years. it's a global problem, and now senators and in us are beginning to really voice what ron paul has been saying for many years. that money printing in anti america. i mean it's as simple as that. and we have a whole party now empower who is entirely built. i'm a fraudulent of money printing and the danger is if they take even more control and they have now and then as a straight shot to venezuela status. yeah. in fact, at this conference there, there's a big dumpster all of that as well in boulevard real ones, and people can dumpster dive and grab some bowl of ours. also during this

conference while we've been here, russia has got rid of all their us scholar holdings. now and all of their various sub and well funds and funds. so again, for that similar reason, partly i guess the for the money printing, but mostly because of the other element of it is the censorship of the payments rail network of the us scholar. so that was a started by obama and, and accelerated to under every administration after. so, russia, there will be other nations probably to do the same, to exit the us dollar rail system. the settlement layer, as it's centered everybody, global trade or personal trade, once a censorship resistance, currency for 75 years, post world war 2, the global geopolitical game, and it's called sometimes rest upon the foundation and our supremacy. us

dollars, world reserve currency. now you've got a major economy, russia completely outside of the dollar. that gives them a way to maneuver in a way that no other country can, but all other countries will emulate and be envious of the ability for russia to maneuver outside the dollar. it's an incredible freedom that they now have nor stream to being completed by passing you train, delivering energy directly from russia to germany, is just the 1st of many, many, many wins. that game theory of course, applies to. that's how be pointed so solid. but that is what we've always pointed out recently is that, you know, this is the 50th anniversary of an all the out world. why do we go on to an all us our world? well, that's because in the late 1960 france demanded their goals back because they were playing the game theory. they figured that america doesn't actually have the goals

that it was supposed to be backing their international trade. and back in that deficit. so they asked for the gold back, what happened next? britain asked for their goals back soon after friend sent their naval ships into the new york harbor to get their goal. so this could be, it could trigger something like that where one nation does it. and then other nations also do it because that, you know, they don't want to be the last one stuck, right in the know, it's a game of musical chairs with the dollar at this point like chug, france said during the 2008 crisis, if any group, as long as the music's playing, nobody is going to panic. but now the music is stopping and the country and the 1st out is the way to be like another film reference would be margin call, where jeremy irons makes the same as speech is like we're going to be the 1st and the biggest to get out of this losing trade, and that's the mantra of surely financial as world russia is. the capital game

against the cap was saying we're going to be 1st out. and then that should start an avalanche dollar exits and the us $1.01. so i'm good point and to some degree gold still for 2021. i still seem to point training and joining $20000.00 of going because i expect already because on age here you've had huge names across the political space, cultural space between space and investment banking space, and they've been thing similar. greg foss was up there and this is what the claim magazine was saying. he said on stage, we've been out here max preaching from tabletop. so we missed this exact one. he said quote, when you have total debt to g, d, p at 400 percent, using a 3 percent discount rate, global g d p need to grow at 12 percent just to outpace the interest expense in this equation. currency is the error term b t. c. is the best

a symmetric trade i've seen in my 30 years of training right now. what's happening in america is if you take something very simple arithmetic as that gentleman is referring to, you would think that it would set alarm bells ringing. but here in america, under the social justice warriors, they're now saying that arithmetic is raised to understand that 2 plus 2 equals 4 makes you a white supremacist. that's what they say in america now. so a simple arithmetic is no longer comprehensible. that's why this titanic money getting the iceberg. bitcoin will result in catastrophic failure in many, many, many will perish. but when you decide that you no longer respect gravity, arithmetic at night and day, or 2 separate phases, you're in for trouble. it's just been remarkable because being here and seeing tens of thousands of people watch these people on stage and many of them sound like

a report like it's, it's weird that one cause we started out in 2009. we were so hetero, dog. and now we are like the major like this is what the world is revolving around and they're starting to see this preston pitch. who is here. we've had them on cars report. we've had them on our podcast as well. he said from something that we've been pointing out as well, the costs of capital is completely missed price as a result of bond market yield curve control. again, a command and control controlling the price of money kind of sets of price of money, mis allocation of capital, whether it's all the share buybacks, the fracking goals, all the stuff that we've seen, of speculation across market thought market property market bond market, everything's in a bubble that's a mis allocation capital caused by the mis pricing risk by the mist. well, because the mis appropriation of our currency when the berlin wall fell famous

public, intellectual francis fukuyama, wrote an essay called the end of history. thinking basically that the american values to triumph. now in 2021, we're seeing history start up again. essentially without america, america will be left by the white wayside as all empires parish for the usually the same reason tubers, the money printing. i think russia is really making brilliant shafts moves right now. it's just mathematically found to say that it's not about taking sides other than to say if you don't know it going, by the way, every single other all coin, whether it's area or red pole or car dano. in the case of an emergency still be know bit don't know liquidity. absolutely not because there's no markets or all on servers. so by, you know, amazon and they're completely insecure. only big coin will survive. again, that's a lesson. a lot of people are going to find very, very, very painful to learn,

but i'm going to be laughing, speaking in that mark you go who i hope we will be able to interview while we're here. and he was on stage and he said about these all coins or the, the bleep coins as we were say right now. he said from stage the biggest bleep coin of the mall is the u. s. dollar. we are being defrauded by the self tax of inflation. again, you know, inflation is being spoken about on these stages of tens of thousands of people. the news across america covering this, people are hearing this. the mindset is changing. everybody's expecting like hyper inflation. we sat with them, argent. jenny answered dinner last night. it seemingly so shell shots, they said every 10 years they have a default hyperinflation moment. so they're kind of used to every 10 years having to leave their country. i go find somewhere else. let me go back. once the hive replaces over, this could be our pattern right in place has been running rampant for many,

many years. but it's been masked by 2 points. one labor outsourced china to the mainstream media financial times bloomberg shall be shane when propagandizing call inflation data actually call t flashes. and so a lot of people in the general public have been bamboozled the thinking that there is no inflation, even though we have hyper inflationary collapse of the us dollar against right now in prices are starting to skyrocket. not right now. again, mathematics is not racist. 2 plus 2 equals 4 is not always promised idea. america, believe it or not. all right, we're going to take a break now and if you can add 2 plus 2 an equal 4, then you're going to be ready for the next segment. so don't go away, the me,

the we all see it and we all feel it. the significant increase of inflation has many economist concerns and consumers. needless to say, terrified why the sudden increase in prices is this temporary, what can be done to tame this cruelest form of taxation and working one of the worst ever mass shootings in america was in las vegas in 2017 tragedy a close a little of the real last vegas, where many say elected officials are controlled by christina learners. the vegas shooting revealed what the l v n p d really is. and now it's part of the spin machine to the american public barely remembers that happened just shows you the power of money and las vegas. the

powerful showed that true colors when the pen demik had the most contagious contagion that we've seen in decades. and then you have a mayor who doesn't care to, here's caroline goodman, offering the lives of the vegas residence. to be the control group. to the shiny facades conceal a deep indifference to the people by going to say that they will take an action. absolutely, keep the registering and keep the slot machines doing. this is a money machine is a huge cash register that is ran by people who don't care about people's lives. being lost. always be polite, never engage with an aggravated or confrontational office. don't get into any conversation to start answering questions. just ask for an attorney to survive and interrogation. you've gotta be ready. you're definitely don't want

to be going to trial in the jump suit. one cups. you're more likely to walk free if you're rich and guilty than you are. if you're poor and you got 2 eyes and 2 ears and one mouth. so you should be seen in here and a whole lot more than you're saying. if you don't take that advice, usually going to do it yourself before the lose lose. ah,

me. the me welcome back to the guys report, i'm max guys are time now to churn, to very rarely speak with an actual legend. but today we have this opportunity. adam curry, welcome back to the kaiser report. mx guys are thank you so much. i'm always, always delighted to be with you. always so father, you kind of invented podcasting, and now you reinvented broadcasting with streaming. so she's taking into the 2nd layer of big coin using the lightning network. people are getting. tell us about it. so the pod cast in 2 point. oh, you're right, 18 years ago day winder and i created podcasting. if you can, you call that and invention?

yeah, everything builds upon something else. and i've been doing podcasting. i've been, everyone's been doing podcast for all this time. and then all of a sudden, i kind of noticed that apple would become kind of a central authority. and if they remove something from their index, which by the way, i was very happy they maintain that for all those years, then it would fall away from all these other podcast apps that didn't have the infrastructure to really maintain 2 or 3000000 podcasts. so the 1st thing was to build an independent index called podcast index dot org. so that was any podcast be in there. so we have over 3800000. apple only has 2200000. so all the podcasts in the world are probably in, in the index, no matter what the status is, re speech, we don't care. the 2nd thing is app developers were never really in the deal flow. they don't get any advertising money. you know, maybe they can sell some banner ads, so there was no incentive to create, you know, to enhance podcasting, to create new experiences. so when i bumped into the lightning network, which was really kind of by accident, i'm just like, holy,

what does this thing doing? here and now i can, and i learned about key send was you can, you can stream invoice list men's micro payments. i went to dave jones who i've known for 10 years and can we make this thing work? and he said yeah, probably. and then we bumped in the couple other people including poly, troy, sneaks, chat and breeze. and now we have things 15 new apps, which you can find a new podcast app dot com that will let you stream, supposed small bits in real time. and you determine the amount, which is kind of the 1st time that we've had a price discovery mechanism for creative content. it's always been silicon valley tells you that song is worth $0.99. that app is worth $0.99. you can't really influence that as the person who receives the value, which is the listener. what is worth to me? a buck an hour? ok. 3000. that's an hour. maybe you do it $0.50 a minute or $100.00. that's a minute. and if you really love something, hit the boost, but you can send

a 1000 and sat, and we now we're doing over 150000 transactions, monthly from people streaming. so t o she's 2 pod casters right. i really find this interesting. you allow for more, more price discovery to come into the interaction with the content creators and the content consumers. and it's also interesting how over the years new technology has come along and they inevitably get gobbled up by the big guys and monopolized than what you're describing. there with apple is they become a gatekeeper. yeah. as we've seen and almost all platforms. now, all social media platforms and then it's the job of the entrepreneur to come in and break it up with something new. what is the actual name of this entity podcast index? dot org is the company and is the website that is building this and managing it and

has a community of open source developers around kat index or is and collectively we call it podcasting. 2 point, oh and if you see this badge and you're certified, then you know it's the best podcast. if i orange pill is another great example, you know, you can stream to t o shoes and whatever after using also gets a little piece of that. i mean, it's really a whole ecosystem where everyone works together and everyone does it. everyone gets paid and its uninterruptible money supply, and it's an uninterruptible media distribution because we removed it from silicon valley. you know, i see a connection here with what's happening on wall street. that's because wall street bads and read it. traders moved in to the online trading apps like robin hood and they swarmed in and through a chronometer scale they attacked the hedge funds and a fact the establishment was kind of a continuation of occupy wall street. so you're saying is that what's the jo?

she says jamie tell she's a micro payments and the payments are as little as a fraction of a penny. right? yes. she is the fraction of a fraction of a penny. but on mass the economy, the scale global people can zoom in or swarm in. what i think of a metaphor, murmur, ations, you know, the starlings in the sky. they go through those murmur ration, yes. when they're feeling and the pattern do really sure which way they're going. but on mass they create something. and that can apply to the relationship between the content creator and the content consumer. you're getting rid of so many people in the middle. right? well, that's the beauty of it, because even at a basic level, you as an individual can make an r s s feed, which is just a text file. basically, you can put it on a server and you're good to go. you don't need anyone else. you can get your own node, plug it into your recipe blades, plug it into your network at home, and you can receive the payment. so you don't need anyone. now is it still handy to

have tool makers like bus route or you know, our assess dot com or these guys who are hosting companies, of course, because they'll make it easier, or you don't have to maintain your server. but in essence, you don't need it. and yes, i think it is very analogous to what's happening with the game stop, where we initially started this as a defensive move against the platforming. now we're offensive. we have 18 features that no other pod can know. apple doesn't have it. spotify doesn't have it. and what is really interesting is apple has started to make their own moves and they change the way they, the way their app works, which screwed anyone who was using their, their index as an independent half developer, they could no longer use it. and also apps the episodes are not updating time, the anymore, updating it in 2 hours later or a day later, people can't get into their system. so i think they've focused on, let's do subscriptions, and we'll hijack this stuff over here. and they've given up on it. so now we're

driving the innovation, and i think the independent ecosystem has really been a lot more podcasting than the big boys are realizing now. yeah, it's interesting. i mean, your career obviously starting out as one of the original b, j, m g bay. and that was a huge innovation in its time. and it, what, nevertheless, it was the index for that paradigm of music television. and they were the chase maker. they were the gatekeeper. then when the i pad came around the ipod from apple, it introduced idea of content on delivery. you get your radio show when you was convenient for you is essentially what a podcast is. that's exactly how well you will, you transition into this new medium, new platform. you kind of like vent it or you were on a band guard. and now with streaming staffs with this index applied gas, you know, you've taken it to another level on a personal level. busy your journey is,

it's interesting because it's more entrepreneurial than it is guy. and for the camera you're really for new or. and so where do you see this going in another 5 years in terms of the actual content because of the content becomes this dynamic and price discovery becomes this dynamic. the content itself is, i think, fundamentally changed from being like most with the same song on every 30 minutes. take shock every 10 seconds. the next video comes up, which is really how the music industry is breaking songs. now is tick tock, right? i mean that's, that's total mind control, that's some crazy drugs that am i correct. and it seems to me that music these days is, is produced by artificial intelligence, put the books in the are some over b and b synchronization that click tracks almost no conscious contact with the music. it's all hitting my unconscious mind. and this kind of war of attention from

purposely so it's really questioning me answer your question about where we're going that will address this as well. so being here at this, at this conference, which was great to see you. and you know, i've been to better conferences, honestly, you know, as a little, little warm and long ways and okay. but to meet people that we've been working with for years, of course to meet them in person. and we have done, we move our goal post. so, so far now that we're going to do this for documentary, so it's doctor will call documentaries to point out. this is a, again, an industry that is really hurting under the silicon valley. take over of the studios if you can even get on a streaming platform at the end of the day, there's only pennies that drip out. so we're launching that it'll actually be a web l. n interface which will open up in your breeze, wallet or any other lightning wallet. then we're doing it for music and i think

this is the core. we took one step further. this payments when you listen to a podcast or it also be for music, the creators can put a split of the money in what we call the value block. so that you as a listener will be sending maybe $100.00 sat a minute for whatever you're listening to. but 10 percent may go to the bass player 10 percent to the lead singer, maybe to someone who helped in best. and it goes to the individual wallace directly from the consumer who is listening. so you remove every single middleman there. and you also put a big dent in this horrible infrastructure known as the performing rice organizations, p r o asked, have b m, i, you know, the think right? the harry fonts age the all publishing in general, which take your, your creative work and 48 months later, maybe give you a penny. and everyone else is basically still in my, in my opinion, stolen your money can build in

a creative commons license into that as well. that's of course. and again, we see it as value ration model. you get to hit the broadcast or creative content. it goes global is that mean? and it generates a quick, you know, 200000 bucks. let's say everyone gets a slice. and when that's creative conference, so there's no, that's the only way it works. the only way it works is if you say anyone can access my content, if you value it, just dream you something back while you're doing it right. and as it turns out, after 14 years of experience doing this on no agenda show, you make a lot more money or comparatively speaking, to asking people to support you for 5 bucks a month. the price discovery is in human relationship for a 1000000 480-0000 years have been exchanging stop from prehistoric times or beads for trinkets for favors, for reciprocal our like make take place

a year later. so this is alien. so when you currently put that onto a platform, which is jo, she's and the micro payments. we as humans get to express ourselves in a more human way. yeah. right. and when i, when i start up orange pill or podcast, i like even before i even heard the end of the opening song, i've already boosted you 500. that's because i'm just happy that you put out a podcast. then if you mention my name, i hit that thing 10 times, reciprocation from the content producer is also content consumer and recycling those situations. this is the beauty of the podcasting. in general is listeners, are producers, are listeners and it, and i think i, i boost as an ecosystem. i'm sending my, my earnings and sad to other podcasts that i listen to. so the whole system is,

i mean it's really, this is what we saw. ag will really 1415 years ago as podcasting really started. so we move away from the lowest common denominator content goes wide, but it's terrible too niche content that is actually, sol. busy satisfy that's more vertical, but did that all day it could be even more probable. so we're getting rid of the food junk content. yes, i think the writing is on the wall. look at every single award show that's taken place for the past 2 years. yeah, the no one's watching anyone. that's just proof that it's over. people have changed their minds. we've been a lot of people have been locked down. we've gone to alternative things to listen to. you know, so often my wife and i'll be talking about, well, i hope people know about this stuff. and i said if you really look at how many alternative outlets there are between all these different podcasts and what you're

doing. i think i think it's really, people are already moved away and the mainstream is just try to indoctrinate us that they're in charge and that their messages. right. and i think people have given that number show and people are given up with the quinn or bucker loader. kurt loder, you would like to make the mean margarita. he had a margarita machine at his desk, back in the 1st grade guy, adam curry, thanks may i try the report. thank you max. always going to do sometimes a report with may max go legendary out of it. so next time bio me. ah, ah,

ah. he's going to be walking about and we just always dress covered up. no stimulation directly connected to the mexican assistance which is 100000 in everybody and it contains millions of it. if you exposed to the muscles meal you work. oh, the phoenix has actually got a little uncovered face men's clothing and shoulder stuck. it's a kind of afghan feminism, its name is how camino ah, well above that put

a human level. some of the whole model that of us is, was up on the what about, you know, what is it she lives in one of the most dangerous and patriarchal provinces of afghanistan coast when she was time on this dash, oh no, i shall do that. but that update it anyway, i'm glad yet that i've got enough that she does her best to fight for women's rights. i am not able to get that done as you would. i do know that she's known here by her nickname, the king, and this other guy to reco much other than was really good one day. i

the the ah, the u. s. media lashes, joe biden, following, they didn't even saying he gave love them, or what he wanted me to america. look weak of the russian leader to very different by the is a professional and you've got to be very careful with him in order not to miss anything. he doesn't miss anything, i can assure you the 1st of us, russia, so myself, the biden presidency delivered, mixed results with both sides, pointing to deep bone resolved issues, but also agreeing to reinstate their passengers. also added the program, a region of central italy wants to give the green light.