funds from china, but we got to meet president kelley and care is a little clip taken by somebody in the crowd who watched this happen. ah, a. and so we were in that crowd. obviously we got to meet the president. and right before that moment when you see all those crowds of people all around us with kelly had run into downtown san salvador, out into the crowds. people cheering, i'm going to show you a clip of just like how popular he is because he went out there on his own just like ran out there and the people are chairing. so it was quite remarkable to be there. and to witness with

that was my 1st contact with president g, b, l a. and you know, it's amazing because immediately i, what i picked up on was a man with a vision who was very confident in the success of that vision. and was, can, can afford, in a sense of being very humble. he's a man that is completely comfortable with everybody in the crowd on stage is just, he's just a very a interesting ma'am. well, it was a fascinating event and always fun to attend. and you know, things are happening is boomtown here in salvatore. thanks to the big coin law and

hyper bitcoin ization. i always say bitcoin plus bu cali equals boom times and in tourism. right? we would, there are thousands of tourists here because of the big, quite a lot and b cali. but you know, one thing i want to talk about in terms of hyper bitcoin is ation and why hyper between ization and why is better to be hyper bitcoin eyes, then it hang around in those last days of fields. here's a headline that actually there's a lying in here that makes me think of how bad the fuel system is. and here's i have i and here they have vine itself. why in on mosque and joe biden? both love electric vehicles, but can't stand each other. there is a legitimate question as to why biden has been mostly silent about tesla when promoting the benefits of electric vehicles. and that can likely be summed up in 3 letters, u, a w. the united auto workers union has broad concerns about what the industry wide shift to ease will mean for members jobs. because the electric vehicles,

how far fewer moving parts and require less labor to assemble ford estimates it takes about 30 percent less labor to make an electric vehicle than to make a traditional car. well yeah, that's true. there's a lot less parts and there's less need for maintenance and the best show for all electric vehicles including the electric vehicles afford and general motors. so that doesn't actually, as i understand it account for the absence of him mentioning the t word. i see my quad unless you watch our show and you know was 6 months ago we were slamming eli mosque for being involved in all, all coins. and, and so a things that were not bitcoin, that a lot of people consider dangerous, centralized garbage like those, which is james euro centralized garbage. so maybe maybe joe biden is, is kind of

a crypto bitcoin man. well, certainly on the balance sheet of tesla is over 40000 bitcoin, there's 0 doze. so nevertheless, despite what he says, you know that the fact is, his actions suggests he's a big coroner, but this is not about a story about don't. it's not a story about tesla, it's not a story about big coin or how much bitcoin eli mosque has, is not about, sorry about him. and it's not a story about any of that. what i want to point out is that to me, here is a union, a powerful group of workers who don't want to have a car built, which requires 30 percent last energy input i to is as many workers to build the unit. now, normally you would think like in capitalism, you want to do that, you want to advance and become more efficient. you would want to build whatever

your production capacity, whatever you're producing, you would want to have fewer workers having to do that. so when i look at the field world, and then on the other side, i look at hyper big quantization. what i find is that the fia world look at america is the top of that pyramid of the us dollar fee out world. there are 12 of member banks of the federal reserve, right? dallas, st. louis, new york, san francisco, all the 12 banks. they each have a governor fed governor, they have federal open market committee meetings. they have thousands of researchers and economists and staff. they have them under them as the banking system and you have k y c and am owl and suspicious activity reports and thousands and thousands and thousands of documents. just from this is suspicious activity reports. all banks have to report any deposit close or near to or above $10000.00. something like 2000000 of these suspicious activity reports are filed every year,

so that this old system which employs millions of millions of millions of people to keep track of this bureaucracy of the fi at system versus bitcoin. where it's the consensus model operates on itself. the network operates 365 days a year, 247 without any needing to hire any sort of bureaucrat, any sort of researcher, any sort of a, you know, it inefficient system to try to maintain the value of that system. right? well, the software revolution that's been around now for decades as transformed every industry, every company in the world. and the car companies are at the end of the day, software companies that run the robots that run the assembly lines. and now with electric cars, roof wiring, every fewer parts, of course, those labor force would get even smaller. so the united auto workers union, of course, would be cognizant of that and worried about that. and as you point out, you can apply to the banking system. it requires

a bureaucracy that's enormous. millions of people layered layered layer of bureaucracy, which is completely different to mediated by big coin. you don't need any of that for big coin to work, but the march of software is not going to end. and the transformation of all industry is with us, whether people like it or not. the last industry in the world to be transformed by software was money and big coined rolled into town. and now money has been decided to mediated or disrupted by this software. this protocol called bitcoin and of course, bankers hate it. central banker said it, but let's talk facts. within 10 years, all major central banks will be gone and will going to be in a post central bank era. well, exactly, so that's money is now software. so money it operates on its own, but it's also being maintained on the sound, like obviously microsoft software and they can barely maintain it, right?

it's important to keep something in mind here. the money that runs the big coin software, the software that is the backbone. it's a d centralized protocol that has been in the works for 20 years and it does something very, very special. it creates the hardest money ever, that's on campus gate a ball and it's on sensor ball and it's separate for the 1st time money from state . now what does that mean on a practical basis? it means that a lot of the machinery of the state is no longer needed. so the state, those people who work in all those back offices of all those, even i would posit that the so called in industrial, complex military industrial complex is actually challenged by bitcoin because what backs the dollar, the war machine, that is the pentagon. so if you don't deed that any more than all those jobs are also going to be acts. so this is a transformation, but it's a chest ration. and that's the thing is like

a lot mosque is literally out there campaigning on twitter, asking the president to say my name same i may say my name and we have the same thing with bitcoin, right? the same here. the, the situation with biden's pro union. so he's going to fight with the united auto workers who want the old combustion engine sort of cars because it requires 30 percent more of their workers. so they're naturally going to be the one that right, that's the classic that a, you know, at the luddites are against the horse and buggy being replaced by the, the car sort of situation. so here we have the same thing with what happened with big coin for the previous 10 years prior to el salvador, which is like say my name, they, they kept on saying block chain and said they refused to say bitcoin because that was the threat that would replace them with a consensus algorithm run by software maintained by global soft where cody, oh, who way into this with the theory of my own?

so, joe biden, throughout his career, he has remained loyal to those groups in those corporations that have funded his campaign. and in the auto industry, there is the one name that joe biden can lay claim to is riding with biden. and it's a picture of him, i believe, to the corvette convertible corvette, and that's a general motors product. so i think in his mind he's thinking he's very loyal to the general motors product. they'll say ford, because that's the 1st cup, major american car company, and then the new commer tesla. i don't think he puts buy, has any legions successful whatsoever. so he's going to go with what he knows, and that would be general motors and for well, but he's going to confront or whoever follows him, will confront the same exact moment. when the us dollar is replaced by bit coin, the disintermediation is happening. and the response you're seeing from central

banks right now, they're trying to replace it with a, c, b, d, c, their central bank, digital currencies. and that is just them hoping to maintain their high employment rate for their economist friends for their m. m t friends for their money printer, friends because it takes a lot of work to print all that money, right? so they want to maintain that system and it. so what i'm saying is, when you look at the story about what is happening with eli mosque and tesla that the president of the united states refuses to say his name because he requires 30 percent fewer workers than ford or g m because they have, you know, more combustion engine business, so that's what we're going to see exactly with bitcoin replacing fia, it's all, it's going to happen regardless, but they're going to resist it in the same exact way as i laid out in this 1st headline here on the kaiser report, right. i mean it's, it's an excellent point. so in the case of auto workers losing their jobs, like going all the way back to ronald reagan in america, there's been a movement to disrupt organized labor in order. it's labor has had

a remarkable shrinkage over the past several decades. but when you're talking about replacing the dollar with big coin now you're talking about shrinking the federal government. and those are the folks that collect the taxes. and they're the ones that have the power to send the cops to your front door and put a gun to your head and demand taxes. so, but that's not going to help because big coin is on campus scalable. deep state federal government. the game is over the center. you learn how to code the better or just right propaganda like paul torque mount and get a job at north korea. well, stay tuned for the 2nd half where we continue our interview with william sariana looking forward to it. don't go away. ah ah, no one else should seemed wrong,

a sheep out disdain becomes the african and engagement equals the trail. when so many find themselves will depart, we choose to look for common ground. my situation is the world's most over fish. see unsustainable exploitation of its fish dogs, which maureen biodiversity undergoing threat su medicine. so listen, the given a quote on us for sure you understand the says he cut us this. one of them can, can, can, to pulling a key a can one or 2. but our lives, despite the eas, promises to end over fishing by 2020, the situation is changing to slow. well, i'm very disappointed with attrition that they've basically

in public interest. they also do know in the midst of interest of the officials, the only interest of the fishery, moby on the face, shown the only ones in danger. the fisherman also at risk of losing all the plug in my thought up 7, go over the get to them about that. i'm to bubble thought. i get them with liberty abuse of a lock on screen with ah, welcome back to the kaiser report. i match taiser time now to return your conversation with williams ariano to congressman for the law union in the area of el salvador, where pick why city will one day be billed very soon. he is with president kelly's

party new ideas, which is just recently had their 3 year anniversary. william, welcome back. thank you max. and it's, it's an honor to be here while we're having fun. you know, we were here in this very square a back in november and you showed me around and i could tell that the vision of the country and the vision of the millennials of this country is one of infinite possibility of hope. which is very different than another countries around the world. i know in my own country, in the united states, there's a lot of anxiety. there's a lot of trepidation. there's a lot of questions. people are feeling like their futures been robbed by the boomers, me, the boomers robbing the millennials care. it's the complete opposite. what do you, what do you say that, you know, we have the youngest congress in the whole world? most of my colleagues are under 30 and i just read my thirties and i think we

inherited our country with so many problems that we just got tired of it. we set for ourselves now that we have the best leader, possibly, my jeep kelley. we have to also step up a said generation and take action into solving those problems that we inherit from, from past generations. or you have to point, let me ask you this personally, are you at the point now in this, in your life and in the country's history, where you look at the past and you look at the civil war. and you're now thinking about it in the context of it. we had to go through hard times to get to good times . you know, there's a saying that hard times treat hard man hard man, eventually cree, good times and then the good times to a soft man, and then the cycle repeats. but my question is this, why am are, are you now at the point where you are thinking that everything is for a reason to b and the future so bright that we're gonna just blow people's minds with what

we're doing here. you know, we grew up believing that there was a, a reason for us to go to war back in the eighty's and ninety's. but once we get into the power, and we discovered that the reason is, we're not real auto. that there were only for certain economic purposes for those elite, that's where people actually got really met and received about this political classes that we just sent home said the way. and right now we look into the future and we see what a precedent has been doing locally, but also we're lied. last week, it wasn't under us. and as we participated in the new precedence integration, the whole stadium impact of endurance began chanting the gable kaylin deep. okay.

and that was just amazing feeling better precedence presence. even though he was not there could be felt. and also because of the example he's given, were leaders on how to actually manage crisis, run a country and step up for the people. right? i saw the video was very emotional. so in honduras, and they were celebrating the election of a new president. and i guess a delegation from el salvador was walking, and the crowd went crazy. and there who kelly buccheri. because my understanding is that during the call that pandemic, yes, al salvador was, was assisting in a big way, sending food and things arrest. but also i think the idea of what is happening in our salvador as an escape from business as usual, escape from the political yeah. puppet show it to people. they're beginning to think maybe we're next monday. the next. yes. actually, yes that's,

that's the really we got on tourist. they just wiped the expressed in and out of the of the presidency. because here we presented what we wiped out in the salvador and people gathered re united and mass voted now and just want to tell. mila harris was walking their chair directed from the crowd that my translation. i could be wrong, but they were saying, take your trash out, take your trash out. they were referring to the previous regime in the puppet installed by america. and is that a correct translation? i'm not exactly sure. well, they said they were chanting. please take him back with you. okay. basically the same, right. but yes, i mean i added the trash bit myself. yes, i gave it a little trailer that little man, it's basically the same. people actually got tired of him. right. because the way he ran the country, not for the people, but mainly for marco's. yeah. and the latest,

and that's what people don't like. i said, under arrest, did they have okay, else? and they have a lot of mountings, but maybe they, i don't know if they have. okay. english or not. i could be a candidate for volcano, type bonds. another my question is that. so if al salvatore there introducing a volcano bond, they're gonna possibly pay down all the i m f that they could become debt free. they got a $2024000000000.00 of debt down. it says is a country like on doors, going to look at that and say, hey, we want to make the coin legal tender, or they wanna try to make that coin legal tender? well, there's many more conscious in the region we've been talking about with mexican congressman. would be talking about is congressman from other countries in the central america were very curious about what's going on in the solvent or so i think there's going to be more countries looking into this option as we advance as a salvador. instead, it won't go, we have, you know, let me just give you some data. if you walked into las vegas and you saw 5 central american countries on the board with ads and which one would be the next. and they make bitcoin legal,

tender and on. doris was on that board. would you pick on doris? i think so. let's talk about the church to my left. this is a very famous church. yes. tragically. so, yes, it is a little lesson about this. this is the cathedral, this is where the remains of months and you know, to middle, which now was the clear as seen by the catholic church. of our lane here. he was killed by the right. it was kill them order for protecting people. yes. and to get back your escape from bipartisanship at the time during the cold war and you're saying outside of it, or it's a proxy for the cold war. the poor that the priest represented were characterized as communist. therefore they became that the us sent in the cia, it's why the death squads and they assassinated. yeah, they were trained by the, by the is quinn, other less america. so all the america. yes,

that's always call right. so the economic hit man, which we know from john perkins, we were recently called economic a day that what raise it, which is a foolish thing to say because in fact, bitcoin gets rid of the economic hit man. would you agree with that? i do totally agree, and let's talk a little bit more about the history of central america. you know, there is a very famous figure going back to the 1800s. there's a statue of him not far from here about uniting the 5 central american countries into the united federation. i guess. is that back in clay fransisco morris, and that's where you are. very yes, yes. francisco, what a son. he had a deal that central america has to be one country. right now we have the idea that central america, even though we have borders, we can live like, like brothers brother who's working, cooperating

a sri as a real family, you know. and we're ready began with it or price economies of scale. there's 65000000 people in the region. this is what the volcano bonds are talking about. aperture, owing to a trillion dollar of economic boom and outsider could be the wall street of big point. what i was trying to say is that the political model that we started in the salvador is beginning to so expand to the whole region right now. and you can see it in a door as with a foot. if you can show it to your audience, you're going to see it was going to happen. so we're going back in history with the same idea of united central america, but with different conditions, with the same purpose. yes. right. exit. the economy of scale, geothermal energy, of course, is that the bedrock of this revolution and the volcano bonds, you've got a lot of it here. we have plenty of it and it's, i visited some of the geothermal plant that i saw, the, the actual bitcoin miners. i was trained there, you know, i wasn't specializing geothermal energy really. yeah. so. 2 so i know

a bit more off of all the potential is over there has to produce geothermal energy . we only explore maybe 20 percent of the potential we have. we are supplying energy to 2 o salvador, maybe a 15 or 20 percent of of the whole grid, but we still have plenty of it, right? so in iceland actually, you know, they used their geothermal energy to smelt aluminum. then they export aluminum as an export for the good of the country. so you're, you're using this to trade bit coin and at that point and then used as x more currency as currency all over the world. right. and also to build infrastructure infrastructure. that's good. i mean, that the best part of building big consider is that he's a very new model to the whole world. and it can be replicated in different countries. president calls at the new alexandria,

except that you can replicate this model city anywhere in the world. there's no capital gains tax, so income tax, payroll tax. and it's, you've been there. yeah, we went there. that's your region. yes. where i was going there and you were born there. yes, i represent that people that it has a ladder to ramp in the world. it has the best room we ask them yesterday. it is the best shrimp in the world. the best views, the best of is the best, whether the best weather for sure. and the best water. sea water beaches. well, you know, in house on fe, which is big coin beach, the property prices are already starting to boom. are we going to see that over near pipeline city? you better stop buying your line. they're better start buying. yeah. you, you, as a foreigner, you can purchase lander now. yeah, yeah. and, and the g d p in this country, they just came out 1011 percent. and it's looking like the next to the year is going to be much higher. exactly the we're just, we're going to invest one and a half 1000000000 in public infrastructure for the people this year. 2022. that's

the plan we have with the president. and we've been supporting all his plans cuz we know that we're just going in the right direction. right. well i know that, okay, no bonds are part of the story. big part of the story. you know, we're working very closely with the partners that have been put together with for this. and that's going to be coming to market really in the next 6 to 8 weeks or so . and i think that'll be another huge leap for the country for the economy and for bitcoin. so william, thanks again for being on spending all this time with us. you're busy congressman and to, to give us this amount of time is really special for us. i want to thank you so much. it's been a pleasure already. okay, well, that's canada, residential mountains, very far with may max size and stacy harbor once again. thanks for sponsor gas lawyer was ariano. and so next time i are

to what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms race is on, often very dramatic development. only personally and getting to resist. i don't see how that strategy will be successful, very difficult time time to sit down and talk with hello driven by dreamer shapes banks concur some of those with

theirs sinks, we dare to ask algorithm . so neural networks have been following us everywhere. we look online because our relationships are what matters most to us. that's how we find meeting and how we make sense um, our place in the silicon valley see don't mention in slick presentations. however, other ghost workers who train the self, where 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 valuable workforce that feeds algorithms for next to nothing. on a very good day, i could do $5.00 now. a really bad day. i could do $0.10 now. he's workers are

invisible by design. it's about labor costs, but it's also about creating layers of western responsibility between those who solicit this kind of work and need it. and those who do it with a directly re sell advice as content to us and decide who sees what content when, and how much of it. facebook claims that these algorithms are there to learn about our specific preferences. actually this is on then a shapely preference is tomorrow the person finds a fake point where the video, when it saying the flat, then this content ranks. huh. at least 20 percent or maybe even 40 percent.

believe it's true. it was a very dangerous thing with you asked me if russia wants to fight with nato. let me ask you, does night. so want to fight a world with russia. it's a lot of methane, warns nato to stop playing games and ignoring moscow security demands. the strong woods come as the russian and french presidents agreed to work on stability amid the 10s situation around ukraine. breaking from the pac. emanuel micron turns his back on nato's on to russia, rhetoric, and calls for moscow security concerns to be heard. the u. s. though, take a different road with president bind and the reasoning that a crucial european gas pipeline would be shell if russia invades ukraine.