now including bitcoin cash, so there are several, several of them. and then over time amazon does plan to eventually, as you said, release its own token its own point. so the likelihood of this happening, i think, is extremely high. the question is that i have is why hasn't happened yet? as i said, for years i've been hearing at least 2 years that amazon would be doing this. i'm surprised. they haven't done christie. i mean, to bend point here. why did this news have such a big impact on big points price? i mean, after all, it actually doesn't deal with any of the issues that seem to have been driving bitcoin price down, over the last 6 weeks and beyond. well, it has a huge impact because it basically just turn the tide of sentiment because over the last 6 weeks, all we had was a slew of bad news firms. we had the nonsense with eli mustang. that big went back where the environment and then we had china cracking down and forth all the miners to relocate. and we kind of address all of these issues that most of this was kind of a nonsense news and just a temporary drop because the miners are forced to cash out

a little bit in order to get money in order to relocate and set up their entire operations again, so most of it was kind of a no news, but big point has been in a slump because there have been absolutely no positive developments. recently. the only thing that we were hearing was that hey, more regulation is coming and more taxes are coming potentially. so because of that, it's kind of been in a slump. so this news today it came on expectedly. and because we had this continuous flu of bad news, a lot of trade for actually position very bare. actually there were a lot of shorts out in the market and that's what led to this join army pop today. all the shorts were basically forced to cover and they were forced to buy it incrementally higher prices. and that's what was responsible for this huge gap up, basically, him tremendous short squeeze of the market and a tremendous shift in the tide of the market momentum. so essentially, $950000000.00 worth of shorts got blown out and pop today on monday, which is the largest volume since may 19th and bed. i want to go back to what you

mentioned there. we mentioned in the intro, you mentioned it in your 1st point here is part of the report indicate the amazon is considering developing its own crypto currency. how likely is that to happen and why? so you know, i don't really know how likely it is to happen. i would have said a couple years ago. it is more likely than it is today. i believe that someone like jump phases will look at crypto currency and say, hey, rather than just accepting 8 other crypto current things or 10 or 12 or 50, why not just make our own crypto currency? and so i can further rule the world right. with expects for someone ledger basis to think that way. it makes me think of another check mark zuckerberg. right. he tried this also remember the libra association and we saw the libra token, but what was the problem with that? the problem was that banking regulators got involved. and what i think mark zuckerberg found out, and i think what jeff diesel's will find out is this is a much more difficult game than they think that it is. and part of the reason why is because when you do this, you've got the fcc bringing down your neck all of

a sudden and trying to determine whether or not you've created a legitimate token, whether it's a utility, whether or not it's the actual security. there are a lot of questions that's around all crypto currencies and if you're already one of the richest people in the world, it stands to put some of the other things you're doing at risk. if the fcc starts to create pressure, i think that's why facebook stop doing it. and i don't not sure that amazon will start doing well to that point when you look at something like bitcoin completely decentralized in a crypto currency. not really sure. who invented it for sure. so that makes it completely different. they don't have to face the regulatory scrutiny, at least in the launch where amazon, one of the world's largest companies, certainly will right away. also, i think facebook for sure. they don't really sell anything and make much more sent for amazon to do that than facebook. so christie, to that point, why did we see marks, doctor berg, pretty much abandoned his plans for supposedly game changing libra association. do

you see amazon is more likely to succeed ends up in this space? i think if you actually tried, i think amazon would have a lot more success because your point, facebook and what that their social media companies. so to add a payment component to it, it's basically reinventing venmo on facebook doesn't make a lot of sense. but for amazon to do that, they have one of the biggest marketplaces ever. and this would essentially be copying ali baba because ali baba has their alley bucks. and that's been a tremendous success because you can use all the bucks to directly pay for items on their marketplace and receive discounts for using the payment of that platform. so for amazon to do this, i think it's very smart. i do, i like it, not really because then it kind of sucks us into this jain, norma's amazon centipede, where you're shopping with amazon managing our life with amazon. alexa, eating with amazon at whole foods, basically doing everything amazon and now banking and payment with amazon. so you get like into this very dangerous kind of monopoly thing and to be fine. i think they're going to base

a lot of regulatory scrutiny here just like facebook. but i think the difference is how they define the scope of this coin. because facebook was a little over ambitious with their labor project, they said they were going to create the currency of the world. and it was very ambitious and they had absolutely no plan on how to do it. but regular is here, this and they get all freaked out being like you can't do this we, we have control of currency, not you, not tech companies. but if amazon wanted to do a model, similarly to how alibaba do with all the books, i think they'll have an easier time because essentially you're to say, hey, we're issuing a coin, uses coin to buy things on amazon market place. it's essentially like a gift card, not really any currency that's going to disrupt politics or anything like that. so that the frame at that way, i think they'll have an easier time with regulators. right. and so essentially that makes it a virtual currency rather than say, a crypto currency boom bus. ben swan and christie. i thank you both for your insight today. thank you. it's been one week since freedom day in the united kingdom at the new took a major leaf,

so was returning to some sort of normalcy. lifting nearly all remaining coven related restrictions on public life. and now it seems a so called ping demick could have a major impact on the newly reopened economy. the u. k. is using a track and trace at by that national health service, which calls for so by felician, if you spent time close to an individual who later tested positive for cobra 19. and now there is a growing concerned that the ping demik. i'll keep saying that word ping, demik could cost the nation's economy $6300000000.00 in just 4 weeks. if rules related to the app are relaxed according to data from the center for economic economics and business research. the guardian is even reporting that some companies are saying 15 to 20 percent of their staffs are absent due to isolation guidelines, while unself isolate himself last week, prime minister boards, johnson was asked by parliament about the government's handling of the app and tracing. everybody understands the the inconvenience of being being pinged as you

writing says, you're, i'm, i was, i was with you in the, in the, in the commons chamber today. i apologize to everybody in business and i did all kinds of services, public sector or otherwise i who are experiencing inconvenience. and for more i'm, if let's bring in hillary for which is a board member of the british american business association at present, a strong mark business development consultants. hillary, thanks for being here. as always, pleasure, brent. alright, hillary, i want to start with the basics. ok. so what is, how exactly does this app work, and why are so many people being pinged in the u. k right now, right, so it's actually brand an algorithm on one smartphone and how it works. it works by bluetooth technology that was developed by apple and google. so what happens is that when somebody registered, it is anonymous. they enter the postal code or postal code in the u. k. not a zip code, but they also enter in, obviously in allowing their bluetooth to be activated. therefore, anybody within a 6 feet radius of them for more than 15 minutes is then traced and where they go

is traced the entire bluetooth ecosystem resonate throughout all of the phones. so if you're within 66 feet, and within 15 minutes someone who test positive you are then pinged as a potential for carrying the virus. and this causes resulted, as you mentioned, and you just said not to teach, just leave it truthfully, the ping demick because multiple people, hundreds of thousands of facts over 600037 have been pink in the last couple of weeks. so it's a vast potential population. all right, and so i want to go to the economic angle with that $6300000000.00 over 4 weeks, which is could happen, which could affect the economy. of course, think about this, the delta very the bit doesn't appear to be going anywhere. so 4 weeks is just a small sample size for what may be the case here. so, how is this going to take a toll on the academy? what types of workers are being affected right now? well, it's interesting for us to know, say, globally, because the u. k is being viewed as sort of the canary in the coal mine because we

have to see what's happening over there. so what sort of happening every kind of business really, brent and actually, ironically, versus the cobra pandemic. there are more shortages more quickly because of the stock shortages. that's what's causing this. so for example, let's just pick one sandwich, a chain, petro michelle, has co, 17 locations, b, p, 's port ho, b p, petroleum, which is gas in people's cause. they've close, multiple sites, do to stop shortages, so pops anything recreational any postal services. so heck out supermarket chains, restaurants, anything where there are people involved, they're having shortages and even things like the nissan plant and the rolls royce plant, i've had to slow down because they're missing so many staff members. and so it seems like after lifting all of these restrictions, things have almost gone back to where we were last spring and summer where so many things are shut down this time only because people are forced to self isolate rather than the social distance that we looked at before, now we've heard this could have an actual major effect on supply chains as well.

how so it with the supply chain to do to the stop and what's happening is because the staff can't show up on like actually cove. it, we're actually, although the number, the people were testing positive, a lot of people still were at work. what you're finding is people aren't able to go to work because we have this 10 day isolation period. and by the way, i wanted to add that you asked me how it worked. if one does not do what the and it just says which is your pink and then you make a phone call. you can be fined up to 10000 pounds. and since the pound is it about $138.00, that's about $13800.00, so not many people want to throw that kind of money away. so the reason it's affecting the supply chain, brent is because so many staff members are out of the supply chain and that's what's happening across the u. k. there have been supermarket shortages and what they reckon it is due to is people are now panic buying on top of the staff shortages. and that is putting obviously of spanner in the works for the entire supply chain. well. and while things were locked down, you can kind of anticipate who wasn't going to be there. they were going to work from home and things like that. and now obviously you're given one day. notice if

that to say, i won't be there tomorrow, i won't be there for 10 days because this is what's happening. but i can see how that's having a huge effect. now, quickly here, before we go, the energy, this is also please asking britain to please, please don't delete the app. don't turn off your bluetooth tray thing. don't turn off your location tracking because we need this app to work. otherwise, we're really not going to know where we might have a bigger pandemic on our hands here again. so what about that? is there a concern there that this next wave could get even worse? yes, and i will tell you though, what's your 1st point about the app and then asking people not to delete the app. a you gulfport poll last week, found the one only one in 5, or actually even using the app at least 10 percent across every age demographic has turned it off and or turned off their bluetooth. they might have the app but they've turned off their bluetooth. so it makes it look like they're sitting at home diligently, but really they're doing lots of things. so i don't know that the app is even really that effective. that's actually a scary thing if you think about it, because it has that many pings. and so many people have turned it off that's

actually even scarier. so in terms of the bigger picture, what does this mean? actually, the delta virus is supposed to be more contagious, but not as deadly. and certainly they haven't been as many hospitalizations at this point. so at least currently right now as we stand, there aren't as many hospitalizations and it's not for you to be as deadly know as impactful as covert taylor, florida to the british american business association. thank you so much radical clarity to this conversation and time now for a quick break. but when we come back, chinese and us officials have held there more crucial meetings and their talks in alaska earlier in the year, straight ahead. we bring you up to speed on the talk and take a deep dive into what role cybersecurity has in their relationship that are going to break. here are the numbers that flows the the

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meaning. and how we make sense in our place in the silicon valley see don't mention in their sleep presentations. however, the ghost workers who train the software humans are involved in every step of the process when you're using anything online. but we're sold, as is miracle of automation behind your screen. it's a rebel workforce. the scenes algorithm is for next to nothing on a very good day to do $5.00. now. a really bad day. i could do 10 years worth isn't movable by design. it's about labor costs, but it's also about creating layers of western responsibility between those who solicit the kind of work and need it. and those who do it driven by dreamers shaped by those with vision

in me dares thing. we dare to ask me. ah, binding ministration tells us the world days is the star, the choice between democracy and authoritarianism. business make any sense. the balance of power in the world system is moving to multicultural r t and is not defined by ideological preferences in for my phone 6 month. and i

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me ah ah, i use the welcome back tension between the worlds 2 largest academies remain contentious as china in the united states have wrapped up their 2nd route of high level talks during the by the administration. the us delegation led by deputy secretary of

state when the sherman found itself at odds with its chinese counterparts, which said the relationship quote is now at a stalemate on a host of issues. the disagreements between the 2 sides encompass topics from thanks to detained while way, cfo man 10. is that all in the remedial with china urges in the us and conditionally withdraw restrictions on chinese communist party members and their families. joan with sanctions on chinese leaders live restrictions on chinese course. the top suppressing chinese inter withdrawn designation of chinese media and as for an agents withdraw the expedition request for being one. joe. we also expressed strong satisfaction with the us regarding wrong words and actions on issues such as the 1900 origin tracing now high, the taiwan. jang, hong hong kong in the south. we demanded the us immediately stop interfering and chinese internal affairs, sub damaging china in the interests stop stepping on red lines and playing with

fire or engaging in provocation. and the growing rift between the 2 sides now involved cybersecurity after the u. s. and allies, a cute hackers tied to china, the ministry of states, security of breaching microsoft exchange email servers. earlier this year, an allegation, the chinese government flatly denied last week. for more on this, let's bring in touch, did leave the cybersecurity expert and president of dark intel. always a pleasure to have you on todd. i want to start with they were really focused on these discussions, but cybersecurity is starting to play a big role between the 2 side. how important is cooperation between china in the u . s. on cybersecurity after what happened last week? well i think walk reach is gonna be important, but it's a one sided cooperation. the chinese have never cooperate with us. truly were faithfully when it comes to any of these discussions about what they need or want these. it's all about what china needs. it's never about the cooperation with the

rest of the world. the united states is trying to represent, you know, the rest of the world in these, these talks. but they're not really getting anywhere because china is not going to comply with anything we want. top not that, not that i booked you to talk about geo political tension solely between china and the united states here. but i do have a question on that. what responsibility does china, who is on the other side of the world from the united states, is a straight up competitor as the world's 2nd largest economy, which many believe will become the world's largest economy. what responsibility do they have to basically do what the united states said? well, they have no responsibility and they're certainly not taking the heart anything that we say be the refuting everything we do. we've arrested some other citizens and they're complaining about it. you know, we know that those citizens have done things that are legal in this country, but they don't care. and so their responsibility to the world is probably a big one. if they truly believe that they were a partner with the rest of the countries in the world, but they don't, they want to do it in the best interest of china and that's it. and on the same

note, bloomberg is reporting the biden registration, has no plans to sanction china for the microsoft exchange hack thing. it wouldn't be as effective as other action. you know, i know we've talked about this a lot todd, but what can the u. s. government do as recourse against what they characterize as state sponsored cyber attack. well, the current administration is taking this, this tactic of naming and shaming. and i don't know that that's necessarily effective. i think there has to be some global international look at what the chinese are doing and we all collectively, not just going to states, need to take some sanctions against the chinese for what they're doing. because the microsoft was not just in united states. it was all over the world, you know, they got into servers all over the place and they're collecting their intelligence . and they're, they are leaving footprints that are identifiable as belonging to the chinese communist party and their, their employees. but the rest of the world's gotta step up and complain and take

action against the answer. you can't do this load and i just will. i'm sorry to keep playing devil's advocate with you here, todd. but last week also when this whole thing came down, the chinese response was, we flatly deny that. you know, this is not government sponsored by any means. but then they also went on to point out that essentially the cia is always doing hacking operations in china that affects their economy that affects their business that affects national security. what do you say to that? well, i mean if they're doing their job is doing that. i don't know that for a fact, but i would assume based on what their, their mission is that they, they're doing it. the problem is the chinese got caught, the cia hasn't gotten caught, and that's the big difference. and so they just need to deal with the fact that they got caught and move on. and not last week, i spoke to person for the white house session security council actually said president biden and senior us officials are going to meet with business executives

in august to discuss how they can quote, work together to collectively improve the nation cybersecurity. what are we hoping to come out of this? is this still about reporting hacks? and again, i know i harp on this a lot, but what can be done to cut down the recent rash of cyber attacks, ransomware, hacks, whatever you want to call them, what can they do? and how is a conversation between the white house and someone like microsoft or colonial pipeline, or can say, how is that going to change anything? well, i don't think it's going to change a lot because i think just having the conversation is, is not putting forth the necessary changes within the government and or these companies. i think what's going to change things is starting to proceed. and i said this some time ago that there's going to be legal changes by congress. and congress was introduced some bipartisan bills to start affecting these companies and how they do business when it comes to cyber security. and i think that's the only thing that's going to change the industry,

is that the c e o and the c u suite personnel have to be held responsible for these problems and right now they're not. and how can they be held responses that just say, finding businesses like microsoft when there is a mistake like this or colonial pipeline for creating? i mean, not to say it was all their fault by any means, although it was a backdoor that they had the hackers were able to get into which created a shortage across the east coast. of course, that was due to panic, buying less due to lack of supply. but i mean, or what can they do that? well, i think if we look at what we've already done, you remember with the enron, after enron and the problems out of that with the executive levels. they passed sarbanes oxley enforced the executives to be responsible for things in until we do something similar. i think with cybersecurity, which is, i think, far more important than stealing money from their company. decipher security issue affects all of us. it's not just the investors in that one company. and so i think

until they pass something like that, we're not going to see an effective change then. how so is cybersecurity is handled with these companies? absolutely. cybersecurity effort, top shipley, thanks for putting up with me today. i always appreciate having you thanks. and finally, one of the biggest concerns for adoption of electric vehicles has been when and where do you charge them? now, while it's understood many people could charge at home or at charging face and station strewn throughout town. let's be honest, that falls short of the convenience of a gasoline powered vehicle were you just take it to the pump? now the indian charger vehicle while you drive a log of a new type of cement with magnetized particles embedded that could your vehicle while you drive along the highway. now this isn't a particularly new concept, but in this test, official say it could provide high speed charging at standard road building costs. the state has partnered with pretty university and german company management.

that's right. magnets and cement on the project. while there will be 3 stages, 1st testing, if the magnetized submit will work in a lab, then building a quarter mile section of road for further experiments. and if all goes well in the final stage, in that would implement the technology on a section of public highway in the state. and that's it for this time you can catch go bus on demand, on portable tv available on smartphones, tablets, through google play in the apple app store by searching portable tv. portable tv can also be downloaded on newer model, samsung, smart tv, and roku devices, or to check it out at portable dot tv. what's the next time on boone? but me, ah, ah, is your media a reflection of reality? the in the world transformed what will make

you feel safer type relation or community? are you going the right way or are you being that somewhere? direct? what is truth? what is in a world corrupted, you need to this end. ah. so join us in the depths all remained in the shallows. ah! when i was the wrong one old fool job, don't you? yes. to shave out the same becomes the african and engagement equal betrayal.

when so many find themselves worlds apart and we choose to look for common ground in oh right now, there are 2000000000 people who are overweight or obese. is profitable to sell food that is tracy and sugary and faulty and addicted. not at the individual level. it's not individual willpower, and if we go on believing that will never change as obesity epidemic, that industry has been influencing very deeply. the medical and scientific establishment, ah, what's driving the mac, it's corporate, me for holiday. regret not being around soviet union at the time with their collapse. a lot of people understand you about that. a lot of interesting things that time

was their writing and journal. anyway, they get to have that experience today right here in the good old us algorithm. so neural networks have been following us every where we look online, because our relationships are what matters most of us. and that's how we find meaning and how we make sense in our place in silicon valley see, don't mention in the slick presentations. however, i think goes to workers who train the software. humans are involved in every step of the process when you're using anything online. but we're sold, as is miracle of automation behind your screen. it's rebel workforce. the scenes algorithm is for next to nothing on a very good day. i could do $5.00 now. a really bad day. i could do 10 years worth

isn't movable by design. it's about labor costs, but it's also about creating layers of lessening responsibility between those who solicit the kind of work and need it. and those who do it the probate restrictions and monetary paul who was furious running for freedom across the world. though medics do all the risk of the virus still need to be assessed. you have to balance personal choice with what's good for the most people at the end of the day. like it's a balance of rain. you cannot rock people up in costs will fall. in while us says it won't investigate new york, they've handling of cobra in care homes despite accusations of deliberately on the counting death.