if the audience out there is saying that means that not only did i survive my very 1st surf lesson with jim better, who is the o g that claim beach surf instructor? i actually got up stood up on my very 1st try on the surf board. but i think we survive nuclear war, otherwise, this is like an episode or last and we're, we're in the after world, we're all watching kaiser for even in the afterlife. i knew you succeeded to stand up your 1st try on the surf board because i was right behind you on my surfboard. and when i looked ahead, i saw a student on year shirt, a student serv. browse like, i'm not another student surfer. oh, my gosh, i'm stuff behind the students there for now. what? well, no, wait a minute. you say we survive thermo nuclear war. yes, yes. you know, the, the people of the world have been apparently trying to start a, some sort of war because they can't taper their ponzi scheme. so they need a war because otherwise they lose faith. right. because they've been saying that

they're going to take the ponzi. they're going to be able to raise interest rate. they're going to be able to end q we, they're going to be able to and the hyper printing that is causing the wealth and income gap in the can tell you in our class. so they claim that they're going to be able to stop that. and they've said that since the days of bernacki, when he said, remember, he said, and we covered it here in kaiser report that he could raise interest rates, or you could stop inflation in 5 minutes. so we'll just take 5 minutes, right? well, obviously inflation is raging. the piano fraud is falling apart. they can't raise interest rates, but they can start a war that's a little bit easier than raising interest rate market. but let me give the folks, you know, overview of what, what's going on here. so the typical money printing ruth of quantitative easing or direct money, cash and fusions that have been going on for a few years. a lot of people are getting hit to the fact that this is inflationary with inflation raging. so they have to resort to the 3rd major way that they print money and that the threatened war,

they increase the military budget over their pants, got to $1.00 and a half the 2 trillion dollars. and of course, that money never makes it into the defensive weapons. they all goes into the banks as yet another bail out. so when you ever you see one of these hoaxes like you couldn't russia war war, it's just, that's just another quantitative easing money printing. scam to try to deflect from the other money print thing. scam, of course you know, tax season is coming up and we're about to have to send a large check. i remember when trump sent some hellfire missiles at syria on an empty airfield, remember, like, literally the day we had sent a large check. so i'm sure they're just like eager. they're like we're going to get money. let's blow it up, right. so let's hope our money's not destroyed yet again, but it will be so nevertheless, we're here in a land of optimism, hope and peace. and it's kind of weird just to look over into the world and, and all their scans happening and the fraud and the disintegration happening. and

you see that on twitter. but over here in the hyper big point ice world, here's a tweet cents by the president of the country as you book kelly. and that's about this picture captures a moment when we were discussing economic injustice, human history, war and peace and the meaning of life. but of course, everybody will be looking at max kaiser's shoes. you know, in broadcasting there's a notion of having like that they're not broadcast safe, brightness or injure, or colors are white or black like you have that has to be with an arrange. and the shoes. i'm not sure if this will be believed. well, no, not eliminated. but yeah, that was a fantasy meeting with the president of el salvador. and what i learned was that he is a true bitcoin maximum list. and of course, that's why they've made between legal in this country. and they were approached by other all coins that went on for. and then really for a long, long time, many months beforehand, all the usual scammers are trying to get in here and get their scam coins. but the

president really understands the beauty, the aesthetic and the magic big coin and stuck true to the big coin maximum guns and some extremely confident that that'll be the case going forward. right? because as we mentioned, the world is filled with fraud. it's filled with fear because the fear drive their ability to control through conspiracy. by the way they control the supply through conspiracy. because what did they do? they meet in secret, the 12 member banks and the 12 fed banks. they meet and secret they divide. what are monetary policy, what the price of money should be? whereas with big coin it's open, right? it's an open consensus network and ledger. so everybody decides like it's openly just decide what happens with bitcoin. whereas in the world, it's filled with fraud. so when everybody tries to take credit for what is going on in el salvador, i had

a conversation on line with alex glad seen. and this remarkable exchange, which i think is, is one for the history books. because it's something that adam back said in response to what i said about what president mckelly conveyed to us in our meeting . and i had said by salvador in government, you mean president kelly though? say his name because alex 5 seen refuse to say his name about giving him credit for adopting bitcoin. he's the man who brought economic freedom to the people about salvador. he was not trojan horse. we spoke to him for more than 2 hours last week . he knows exactly what that point is. we verified this and then adam back, who is, you know, the ceo of block stream. some people say he's potosi. you know, there are lots of contenders for that. but he responded, yes, this, in my opinion, is the more impressive part do kelly's get it, they did this not big coin strategist, not bitcoin adoption proponents. this is

a self conceived state orange pilling, which is truly remarkable, right? nobody can take credit, even though a lot of people are trying to take credit. he and perhaps his brothers, who would do it, help advise them. they were the ones that introduced bitcoin to salvador. yeah, absolutely. no. alec glass stains early, a strong voice fighting for human rights, and he's a big coin or for sure, but my father's conversation with him for years and years now, my view has always been that when a country like russia or any other country starts thinking about big coin the big coin, transformative process begins and we should take comfort in that. and the result is inevitably, a hyper big quantization in these countries with the exclusion of the u. s. the only dictatorship in the world. that's not really fully bitcoin eyes at this time that has any kind of power would be the united states. i mean, that's the country, that's the most dangerous right now. the fact is, if you deliver something that is 100 percent absolute economic liberty and

sovereignty to anybody, it is the equivalent of being thomas jefferson or james madison, or like any of the founding fathers to, to deliver a document. that is the constitution and the bill of rights. like regardless of anything else, you might say about them, they delivered something that is cemented their names and the history books. even if modern american foster justice warriors are trying to reach them from history. the fact is that if you deliver that freedom, that's a rare thing that ever happens in history, right? not many leaders are willing to do that. and here in el salvador, they've done that and you see that all around you. absolutely, uh these leaders that are bringing bitcoin into the country, they understand bitcoin and they understand the benefits to the society. and all of the kind of miss characterization of these leaders come strong, the state in the us that lives trying to push the money world. so once you

understand that, then you're thinking, adjust accordingly, and you think see the world a little bit more within the context of how things are actually operating. and you know that the system is game over, you know, the us dollar, it's game over for fear you know it because all they have left is exactly what if you ever live in london or the united kingdom and see what they have. all they have the one thing they have is banking fraud and that part and parcel of mortgage like property ladder, right? they get everybody to buy in to this scheme that you get them to participate in your pyramid scheme by the house price game. so i want to look at that headline out of california, the home of a lot of all the dysfunction in the cultural world. busy that we see at the moment . well, here's the can tell you, an error is complaining of the dumpster fire. that they created. desperate venice

beach residents threatened to sue l. a. officials for millions after putting their lives at risk or refusing to crack down on growing homeless and countenance. this just seems like a great metaphor for the entire us monetary policy around the world. there dumpster fires everywhere, and they want a bombing complain and blame somebody else like a giant karen on the emperor of karen like who like the other ones. i created the situation, their house price gains in there. i can tell you, nor, you know, luxuries are what caused the dumpster fires all around us, the disintegration of the fabric of society around you that you see happening across cities, across the u. s. right. the leadership in california are basically pyromaniac and they're complaining about everything burning down and turning into ash when they set the fire. the other by definition psychotic and speaking is by kotik maxon i here on kaiser report. we warn you about this 3 years ago. i think it was like early in the when were locked down at home 1st locked down there. and we told you

and warned you about one of the last gas with this fraud and pushing this ponzi scheme and the free money being billed out. and a lot of the free money that we were financing for people to stay home for a guess. the rest of this generation who knows? but back right. we told you that this is a way to separate you from all your free money that you were given by the benevolent dictators of the democrats, the collapse of the se, se backs, retail investors got policed swiftly and spectacularly for stocks collapsed by over 90 percent from highs others not far behind. spec type boom leaves trail of fcc and d o. j investigations and class action lawsuit. so of course everybody hope to strike it rich, make free money become a can tell you an error, but it all went horribly wrong. stocks are down, 90 percent, and what happens,

they're trying to sue to get some of their money back. right back. special purpose acquisition corporation. our fraud, as we reported this 2nd, they began to become popular. it's just re bottling some of the frauds from the previous decades. one thing we've sat on the shelf for many years on wall street is they take the same price, they re bottle it with a new label, the same fraud over and over again for a 100 years. and the facts or just another what was called a blank check company back of the 1920 updated for the 21st century. same fraud. lot of people made a lot of money. a lot of people lost a lot of money. it was like an icy. are all going to probably the all coins or just the reinvention of the money, like the 3rd, just a reinvention of the dollars, complete garbage, centralized nightmare. stay away from it as you would a spac, they're all wrecked and garbage. one of the biggest ones was nikolai, and that was valued at one point at 34000000000 investors poured their free money from the government into this back. it's now worth under 4000000000. so

30000000000 was evaporated from the accounts of americans who got free money, just like half of the unemployment. those free extra checks, the enhanced unemployment, went to nigeria. these went to nicola, like it's just, it's all that's the theat fraud and that's the dumpster fire. that we report on all the time, but it could be worse. it could be car, dana. all right, well we're going to take a break and when we come back, much more coming your way with this is my status. i

who am i it's about doing a walk with a walk over to one id my calendar. i'm all cheer optical. don't know. 1 you it's been 30 years since the soviet union collapsed, long misconduct. go to chill them on to what the fuck. so shown. we also trust one color tom. ukraine was one of the independent states that emerge from the ruins

of a super bowl or somebody who you also get on greens. come a little more michelle, a and finish a watch at the past 3 decades. when likely ukraine, eye witnesses recall the events. this will be more or less of judiciary with it or what are you familiar with that order? i'm not sure, but i've been at that for months with no idea what else and what other forces were at play. the producer to me shows engine machine the same. you and the kids. what i'm with, when is the, is the shows us the most was of ocean's old least take a look at ukraine 30 years out the gaining independence dog with unless,

unless you mean yet. but unity retorted was late, but a will ethridge litigation opium. lush will still no problem. ah, welcome back to the guys. the report on max jazz are timed out adjourned to sharon dow of lightning ventures, john walker. thank you, max. great to be here. thanks for coming. on now lightning ventures tell us about the company, what's your mission? for those who don't really know what lightning is, tell us about that 1st. sure. so lightning is a quicker, easier way to transfer bitcoin between 2 people. and you can do a transaction as little as $1.00 at very, very inexpensively right? virtually freya, i basically ray and it's off chain. so these transactions are not happening on

chain. they're happening off chain. and this is where the big point scaling comes in. this is where this whole idea of how do i pay for big over the cup of coffee for big wine. and this is how it's done in the here in l. dante, where we are right now. lighting is taken off like wildfire, correct? it isn't all over the place. my 1st trip here was a few months ago and it was amazing to see things really there coin transacting, live in person, really happening all over the place. right, fantastic. now let's talk about lighting ventures. it's a vc fund and tell us about the company, what's going on? what's the mission? well, our mission is to help build out the bitcoin ecosystem and allow for getting bitcoin into everyone's hands. so they can use it day to day. we support with resources and funding and coaching to start up companies all the way through the various series series of development. are you finding a lot of opportunities here?

and i was on the day because stacy and i just launched the new fund called l. zante capitol. it's a b c fun looking at early stage bc investments and opportunities. what you've been on the ground for a while with lightning ventures. what can you tell me? well, i can tell you that lots of excitement, there's a lot, lot of people with new, great ideas as they've been using and onboarding to use lightning and transact with bitcoin, peer to peer, lots of ideas and opportunities are coming up and they're going to need lots of support that when we 1st made our b c investments back in 2013, we focus on exchanges like cracked in a bit. so what is the focus in your view right now? kind of the sweet spot where you're seeing a lot of entrepreneurial as here. all 5 adore and maybe even in the region right at that point of transaction or point of sale there's, there's lots of need and opportunity to make that easy for people to use. you know, lightning it is

a very complex computer pro protocol and need to make it easy for the day to day users. in addition, things like machine to machine and streaming and peer to peer content and streaming are the 3 areas. and then finally, inter operability with other digital assets platforms. now we are hearing about the volcano. bonds are going to be priced on march 15 between march 15th march 20th. it's a brand new security class really based on a brand new asset class breakpoint and the government is also introducing brand new laws which will. busy be securities laws tied to built on red coin you as a venture capitalist. what do you look forward to there? first of all, with the bonds, it really helps bring more people into the space and re raise awareness of what their claims is. and what they can do for community is the end nations building

out the asset class is going to bring a lot more excitement and actually a lot more capital, a lot more stability. sure. let me ask you something, you know, been down here for months, we've been down here for months or something which i'm now calling. els, aren't they syndrome? and it goes like this. we're out here in the sun. we're out here, surfing. we're having proposes every once relaxed and it's really hard to actually get the energy to work. how do you fight that? well, it's a routine just just like lightning protocol, just like what we're doing here with cryptography, there is a routine, so you just get the discipline and you apply yourself daily. yes. to get this job done weekly or no. so outside of else all day on big going twitter, all sorts of theoretical discussions and debates about whether or not lightening

can work. and yet here it is. are there any issues you've identified however, that could help improve lighting? so i guess we're coming back to this lightning discussion and of course there are a lot of naysayers about lightning, but it's really the reuse case has been proven here. and so where do you see areas of improvement for lightning and i guess the v c fund, lightning ventures, right? you would be focusing on companies that could add improvements, right? yeah. and one of those improvements like where, where would you, where would that be coming? i think it's at the edges, any intersection of interoperability on there. there are other methods to transfer value across the big claim block chain. but lightning is the most nimble. there, there are some opportunities are around the deep, deep, deep security as people want to use lightnings. it's best for small transactions as, as it becomes more familiar to everyone as people try to get larger and larger in

their transactions, there is opportunity for. 1 how to best safe bye. right, and you mentioned point of sale also is an area that can be improved or rolled out or more innovation there. you know, i watch the superbowl, and there was an ad from one of the big crypto, quote, unquote, companies out in california. and they had a q r code bouncing around the screen. you know, a lot of people are like, wow, that's amazing. but if you're on a light thing, that's nothing, this is what we do every single day, we flash a q arca to buy a cup of coffee. so this was nothing new for the lightning proponents. right. and you see every single day here in, in else on say, were you impressed by that? it was an interesting creative trice. all right, as we mentioned, the goal, salvador friendliness toward bitcoin, the migration of a lot of entrepreneurs in big pointers, the adoption of lightning and the hyper quantization, the coin b journals. dante is so appealing that many are making the pilgrimage and becoming

immigrants as you are. yeah, so tell us about what your impressions are so far as a new salvadoran. well, 1st of all, i fell in love that the country immediately the moment i touched the ground and then interacting with the folks, not just here and i was on say, but you know, i've traveled around the country to different economic a levels within the country and everyone is so willing to help so, so, so looking forward to the future, so optimistic and i felt like i need to become a part of this world and, and help it move forward. there's so many people with need ideas and are trying to find ways to, to, to move the country forward. let's talk about a couple of bugaboo, please. you know, things that are out there floating around. there's an idea that there's

a lot of danger. it's a dangerous place. did you find anything? it you find it to be dangerous here? what are your, what's your experience? no, i haven't found it to be dangerous. i. i've found every person that i've come in contact with to be very helpful to be very friendly and very warm. i mean, even as a woman, you just walking around the do you find you find it intimidating in any way? i am very comfortable. i walk at night some along the beach. i have found transportation. i've taken the bus on my own and, and you know, i'm finding my way, way around the country and feel very comfortable about it. so it's almost completely opposite to what the perception is. i think people need to come and enjoy and experience l. salvatore for themselves. okay, another popular what i would call misconception. but of joyce, what you say is that the president is

a bit heavy handed and it's, it's showing some of the democratic principles that some would come to expect. what are your thoughts on that? my thoughts are that things are happening here because the people want it. there are some very, very active ministers and, and deputies with, within the government here that are doing their job. spending many, many hours to try to figure out the best solutions to move it forward. the energy level, the intelligence, there's a lot of youth, but in each combination of the youth and the elder crew are, are actively, really trying to help the people move forward. yeah, i mean, i sort of thomas from people here that for the 1st time in their lives, they've taken an interest in politics because the leadership in the political class, or in el salvador, is something that interest them, their youth or energy,

their creativity. and that's a bit of a political awakening that you don't have to live in a dystopian insider trading, corrupt sleaze pit. like you would find in the united states or in great britain or in other countries around the world. have to be a hell hole like the u. s. are a great britain. politicians can actually be serving the people your thoughts. yeah, i think every person that i've met that isn't in government is all about service and serving the people a refreshing change. it's a refreshing change, and you know, certainly we'll see what all developed but of a deep attracting capital. what is the potential for our capital to move in to the country? so if they have the volcano bonds, $2000000000.00 bond can scale up to $20000000000.00 or introducing these new securities laws, which will fundamentally change the region and could become the wall street a big coin right here in el salvador. do you,

what do you think of that idea that i'll, salvador becomes a wall street of bitcoin? how does that strike you? i think it's wonderful. we have a little bit of work to do in order to get the broader range of investors comfortable with the new scene here. but once that starts rolling, i think it's super exciting all the things that are gonna start happening when you go back to the united states and talk to investors, what's their feeling? so do i have to go back to it right now? they're honestly, they're a bit cautious, but they want to learn more cautious and curious, which is a good place to be at something so new. and what's your top 3 bullet points? why somebody should invest enough avatar? i think the hope about embracing the entire country is embracing something new and it's, it's safe, it's a beautiful place and it's a great experiment that's going to be far more than an experiment was going to make

it happen here. ok. so hope, safety and beauty. those are not 3 bullet points, one is used to seeing on a perspective. let's dig down a little bit deeper. we've got about a minute left. so. busy tell me about g d p growth and other metrics that would help me understand why fits which currently gave it a negative rating is wrong, jaron well, so far and i'm not super on point on the numbers, but the g d. p growth has been over 10 percent already this past year and they're just getting started. there's an amazing amount of building you can visually see as you go around the country, all sorts of things being created and built out. and we're going to see that in much posting, much larger numbers and, and judy, so sharon dow, the dow, like dow jones is and how you got interested in security? no, no, absolutely not. well, thanks so much going on kaiser report. thank you back. all righty. well,

that's going to do it for this day though, the kaiser report was may max taiser and stacy herbert want to thank our special yes. sharon dow of lightning ventures at the vc fund. focus on this area. not to be confused with bells on say, capital a new vc fund started by max niser and stacy harbor. and so much time by y'all, ah, in these people learn from their own experience, how vulnerable of business is to the bank. so you pushed my business over, the age, pushes me right to the bankruptcy. now i realize we will do this isn't just the back that may be involved in this is the concept. see, firms is, is the lawyers, these people i've got you want all this stories?

i don't want kind of whistle blower. tell people's marriages have broken up, lost their family homes. it is spectacularly devastating for people's lives with we have committed suicide, but left behind north was simply state that it was the constant intimidation and billing by bank officers that led them to i took the spear, it's obscene. these people up nor saw driven by a dreamer shaped by center. so those with there's things we dare to ask

ah, the headlines this thursday evening. russia says it has no intention dating ukraine in a written security response to the united states, but also working. they tell you to put a military advise is to keep trying and, and joint military thrills. meanwhile, the west changes is for the date of a russian invasion, opening crane off the february, the 16th to bio materialize. moscow says it's still a fabrication let sure. as to whether the escalation will add on peppery to 20. i don't know because we are not the ones who are escalating, we're not doing them. the canadian prime minister is branded dictated by opposition . rule making, fewer neg, with the use of the american see power.