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tv   Perspective  RT  August 14, 2024 8:30am-9:00am EDT

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of the russian army, our stay storage is about these people that push through innovations for the country. one of the main prerequisites in order to join a scientific unit or a scientific company within the russian armed forces is for candidates who have at least at bachelor's degree. so when they do join this scientific unit for a company, they hit the ground running in their experiments and works in the russian defense ministry. as mentioned in the bush as i associated myself more with scientific work . but at the same time, i threw a degree, think about doing the military contract. because firstly, the prospects for development in the army amount, enormous and truly stunning. as far as technical development, robotic systems are developing very actively in our country. and there is an opportunity to grow and develop a like the man in scientific unit. so already have a university degrees of these men are cadets and they go to minutes every college. however, they also have a lot to boast about,
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like this project that they've been working on for a long time. direct workers with this the experience of conducting the special military operation shows the issue of interaction between aviation and air defense is relevant. to solve this problem, a technical simulator was developed to train joint actions of military air defense . this screen shows the tactical situation in the area of the line of combat contact. the crew of the aircraft is performing a combat mission to destroy and to be ground targets. the aircraft is controlled by a flight school cadet in a combat training aircraft procedural simulator. it trains aircraft control and combat navigation tasks. the cover is provided by an anti aircraft missile battery arms with short range aircraft missile systems. the map shows their detection zones in green, and they were attacked zones in red when friendly aircraft fly along the cord or
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identification and s corps tests take place. a significant part of the army for him was dedicated to military education in russia and then shipments all 4 full circle and scripts. and the scientific units and the cadets said, some is the recall is and the universities and of course of these holes right here became some of the most popular ad the for, for me on call for of archie and moscow forever. i'm so this is our school email. hughes hospice, but to the next and we'll be back at the the we will have regulations, but from now on the rules will be written by people who love your industry not
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hates your industry. republican presidential nominees, donald j trump, has promised to make the united states the crypto capital of the planet. he will even create a, a big coin, a strategic reserve with the currency already held at the us government. this, along with replacing a several occurred government officials known for their boyish treatment of a crypto work makes donald trump very popular with fans at the digital currency. for these promises even realistic, or will they like most words on the campaign trail. the short lived once the candidate is elected, i'm sorry now hughes and this is perspective, the broad scale bankruptcy, money laundering. these are all adjectives used by the department of justice and
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the security exchange commission under president joe biden. and reference to the crypto courage, the industry, not as expected, the democratic run it financial wing of the government is strongly opposed to crypto, as it gives them very little power control. that was until lately wall street top regulators had begun a sweeping enforcement crusade took charge of foreign and domestic investors, of like with anti money laundering. violation of the current body registration has said most crypto tokens being sold are being done so legally. with each crypto leader being arrested or prosecuted. panic is setting it, however, house republicans lead by financial services chair, patrick henry and agriculture chair g t. thompson. feel as though there was an opportunity for legislation that could find a path forward by installing some regulations within the industry to protect it and
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allow it to grow. democrats like represented maxine waters have even agreed to try to work out a deal. it would create a more tailored crypto, including a move to regulate a type of token, notice stable points of his coinage is designed to maintain a value. thank you. traditional assets like the dollar, but wasn't the whole point of crypto in the 1st place, was to get the government out of financial transactions. and i want to discuss with our town, loretta, not the polio, any journalist and author, chris rice, journalist and house rice crypto show on youtube and steve stockman, former us representative. thank you so much for joining me on this. thank you for having me. i appreciate. wonderful. oh, i actually think i, i would love to actually start with you on this one. steve, do you think crypt occurs? is a game changer for the united states, or is this just a con the americans feel like they're being sucked into?
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no, it's not a count and people forget it. the main thing is distributive accounting and that's uh, could impact industry could be the trillions of dollars. that's why i wrote the 1st crypto bill to protect the crypto from government interference. it would really be helpful if the government stayed back and not interfered with the new industry. you know, when, when after 1st came out, everybody was afraid and no one wants to do all file sharing for music and now it's the standard. so the fears always in a new industry is there and the frankly, the democrats don't like anything they don't have control over. well, that's interesting. you bring that up because chris rice, do you think the crypto currency should even be a political issue? yes, i actually do think so because it is, is a threat to the, the system and it is something that can also help the united states and a lot of different ways. we are going to see that with stable coins here age or as soon as this regulation start passing. but i would say
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a 100 percent. it needs to be a political issue because really when it comes down to why bitcoin was created, it was out of the aftermath of the 2008 financial crisis to global financial crisis . and if those aren't political issues, i'm not sure exactly what would it be. but that being said, chris, when you look at it and talking about a 2000 a financial crisis, whose fault was it then? so what political party can take claim for spawning this new type of currency then that i call it the unit party. i wouldn't necessarily blame it on the right or the left. i blame it on the bankers that pay all the politicians like to get their pockets full well and that's probably a very good answer on because i think both sides contributed to the 2008. if this was the result, i agree with you. i think that's when the really start take you off and people trying to look for an alternative form. i find it interesting. and loretta you can help me with this, that former president trump has now currently begun to embrace the crypto currency movement. is this just a political move? i don't think so. i think you and the brother to it creep to is
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a new car sometimes to understand exactly how to work. i mean, it's a new industry, as we said before. so the, the 1st approach i would say was a negative approach because it just threw that beach calling, which is the date for crypto i represent to track to the monopoly of the states, the in the morning table and c i o u of an alternative quarter and say inclination with a country, and this is not accepted by you know, the tradition of economic theory. but then when you start looking at beach calling and seeing isle beach con as developed. so in the last big age you realize that it is, it's fact, it is something that is here to stay and it is changing good. the structure of the mind that the system which is positive change is always the set a negative change can be positive. so embracing it to, for the united states,
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that is done in the right way, is his promise to show by the time the vine soon. yeah. the presentation. then i think that this should be welcome also by the industry. but that's the thing chris trump and, and even try to advance for a certain extent, it's really blown up recently and hence why they're getting behind it. why did truck not give a 12016 when he was actually present or did he but it was more behind the scenes and i think personally, it really wasn't as mainstream now. that black rog and larry think of kind of given the ok with it and being that very big thing is a very powerful individual. i think we've seen a water change in regulations sense that if you really want to pay attention to things. now honestly, when it comes to trump though, i was in nashville, i got to listen to that speech. that's unfortunately why my voice is little hoarse . so i do apologize about that. but i think he's running himself because i'm very smart individuals and i might even suggest that it's possible that vague rama swami
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is very much in his ear because a lot of what he was saying and has said seems to be very repair. ready of to what the bank has to say, which is good things. and also the one thing i would say as far as donald trump at that speech is he definitely knew what he was talking about in regards to crypto currency. he definitely showed that he was educated and he wasn't just reading a teleprompter. and that's interesting because we're talking about complex issues when he kind of curb to curb. thanks steve. i see over there last thing, i guess you guys have some familiar names to you that you're hearing kind of getting behind it. you've been in the republican party for a long time. does this surprise you that that of the republican party is getting by something like crypto currency and is that agreement with the you consider the traditional republican party normally behind as well. i, i have tell you, i was in congress and when i wrote the bill was 11 years ago, i also was in nashville. and um, the thing is that to be honest with you, i was,
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i was on the banking committee. so in the ninety's. so i have to tell you that when i 1st came out for crypto, my colleagues called me a weird oh, it's your deal, a criminal elements, you know? and so frankly, the, it takes a while, i think, as you go through the steps for people become aware what it is and that i think the potential really we haven't covered, which is the distributive accounting and getting around government regulations, which is what i hope crypto does we have so much bloated government? we have doubled the deficit and less than 10 years. and there's going to be a time when we have a crash. and frankly, big point will say the day in a lot of ways. and i think you'll go to a $1000000.00 a call, and frankly i, it's just unstoppable now. well, you say it's and so that's what i want talk about and of teasing what role they're playing it. because obviously trump's getting by an end of cheese as well, that kind of potentially introduced them publicly to crypto in the whole entire world. you know, loretta on this one. do you feel like that end of teaser playing enough of
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a role in crypto and is that a lot why trump is now actually becoming more and more familiar with it? but no, i don't think so. i think you're the n f d as in instrument to use my as a, the sports industry for example. you know, of course, you know about it in a campaign is fantastic because you know, you can sell merchandise is using and if the but, and if there is nothing to do when do you know the actual role of crypto in the morning tati policy and the function, a gust of fee at the money with the in the countries. i think that is the main issue really the out. the beats calling the s changed the way we actually look the money. i mean, i think it's fantastic because, you know, the end of the day we're trusting as software, but the do the assess the, the, at the money it since the end of the goal, the change is done. there is an act of fate because he'll be on the dollar dollar.
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there's nothing we don't want to reserve so that you can match the dollar. so, you know, at the end of the day with the great, i'm thinking, tuition also does she not come all the wherever he sold, corey was, or she was, it is the fact that you can make this state, you know, which is you know, the base of you know, money and produce a software which is more reliable than a golf tournament. because see dodson, it doesn't get influenced by politics. and that is, i think, the great innovation, no beach calling was interesting. i meant to the end of to just because i was terms original when he went public he started talking about his own f t that i think was a stepping stone that kind of led him to go, oh wait a minute. but also crypto kind of is that image, that conversation, you kind of hit on this a little bit earlier, chris talking about trump was very knowledgeable. and his speech of group though,
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that he knew the different parts that only someone that's involved and it's not just something you can just read on the telephone number. who do you know? what do you do you think he's actually advising donald trump right now on crypto and want to differentiate himself from potentially what the democrats would have liked to do with crypto. and again, i would have to kind of default back to the bank ramos while he was at the big core and conference last year as well as incentives this year. and he was very pro bit claim at that time too. so he's, he's been very forward thinking in what he's been doing and also the crypto currency, the industry itself, and community that that is so much innovation that donald trump wants to see the cap in the united states and not go to other countries. that i'm sure that there's other people advising them as well, because when it comes to that, you know, the project that you mentioned was there, donald trump, himself wasn't putting together the n f t 's. you probably have some advisors, a team of people that he's working with. they may have suggested some to do
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something like that. and as an entrepreneur, he's definitely open in new possibilities. and as an entrepreneur, he's definitely had to recognize this is the best performing asset of all time. big going is what i'm referring to. well, and it's interesting, you said steve, you mentioned you were on the banking and financing committee. 1020 years ago when you were actually in congress yourself. do you think anybody else outside of a, have you heard any other rumblings of mine for public is actually looking at pepto? looking at this is actually being a serious issue that they need to study or is that just recently with the back room, a swami, donald trump, putting it on the campaign trail. that republicans are starting to look more into the issue and potentially trying to take advantage of the opportunity. and i think the libertarian republicans are looking at it in particular because we all it, or libertarian hearts, the republicans want to see less government. and it also facilitates congress and very speedy way if it starts becoming a normal adoption. so this is a transformation, it's going to be,
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it's huge and i don't think people understand just how much it's gonna transform this country in the world until a man few years later. but loretta steve, i want you to stay right here. we're going to continue this conversation. after the break, we're going to look at the status of cooper currency under the trump administration . and the effects crypto will have on other financial sectors of the government. the. and what is the state of the continental wasik house and we, in the rough with the rest of the world, we're going to relate to the wind in terms of donations on, in terms of trade, africa must define what she wants. political assets must define ourselves. cultures also come define ourselves critically. the cause of the guys, no choice,
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but to move forward. forward. shoot with the the welcome back to perspective i'm your host getting now here the securities exchange commission has been collecting legal victories and get reckoning the current, the crypto industry,
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along with some of the biggest players at the forefront is securities exchange. commissioner chair, gary guns are a gary has been very suspicious, has been public with this feeling about the market being riddled with corruption and considers crypto to be very dangerous. as republican presidential candidate don j trump promised to fire against bar is greatly welcome by the crypto crowd. so let's continue our discussion with our panel. the reta no polar on e. a journalist, an offer. chris or rice journalist and host of rice crypto show on youtube and steve stockman, former us representative. thank you for staying with us through the rake. you wanna start you loretta because the president trump of wins. we know he actually wishes to get rid of the current secretary and exchange commissioner chair. but who could each have to find as his treasure secretary, could it be? and i think i could see chris, i will give you your cited the background swami who encouraged him to adopt the
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policy that he will never allow the creation of a central bank digital currency. no, i don't think so. well, yeah, of course i just looked at all the notes from personally, but i don't think, you know, he's going to pick on somebody which is a controversial or to, to the traditional as college, you know, the traditional finance industry and you know, the new industry. i think he's going to be somebody that is professional that knows how the market works, but who is going to have a little profile of, i mean, it's publicly we need it. so we need to trust in the new system. so we need somebody that is perceived as a professional. all that is now going to do the interest. so one group or an address, but who is going to guide these rates relation, which is going to have a tremendous impact. not only do united states, but in the rest of the water,
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because you know, all the ice will be home to you, regulation and that's, and i think, you know, a low profile, a highly professional individual will be much better than anybody else because that's what this is a donald trump usually takes, is low profile with any of his individuals. the only thing is he wants to make sure there is not bigger than him. you know, of course, like i mentioned with background was telling me, i gotta bring it in here. do you think he will actually be considered as a candidate for secretary of the treasury and would that be a good thing? you know, i don't think he would consider him for that and i'm not sure that the bank would want that. but i definitely think that he may be involved in his cabinet and a position that may be an advisor and advisory type position and crypto currency. and i believe that donald trump is already talked about putting together a crypto currency, some sort of committee. so that is definitely a positive thing now, and donald trump said something about no central bank digital currency. he also did say something very positive, very in regards to stable coins,
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which i mentioned earlier. and the unfortunate thing is stable clients and central bank digital current using digital dollars are all the same thing with just different names. and it's all programmable per se, just so everybody's aware of that. well, and i appreciate that clarification. you know, but i, you know, i just, it makes me want to scratch my head when i think of downtime, especially on an issue like this. steve, i've gotta ask you, are you a fan of chairman powell and do you think the president trump should nominate somebody else to replace him? the federal reserve chairman, if you push, if he continues this push on crypto, i'm not a favor. anybody. lots of people that try to do innovation, it's really shameful. last 4 years, actually, even franklin or other ministrations, they didn't accept or realize the advantages, the crypto and distribute of the county. and we've been held back uh what they did in new york. they passed law regulations, new york was a hot place 10 years ago. and when they pass all these rules and regulations, all the people from new york are now spread all over the country. while i'm in
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miami, it's quite shameful. uh, regulations killed in industry and we repeatedly do this throughout history. we, we, we kill a, an american, we have is great inventions and great ideas. and then we government comes in and stuffs on it and kills that. but eventually there's going to be people accepting of it and they're going to realize the change to look back on it and wonder the fax machine. we wonder what we could do without it. now we're without it, you know, we're happy and unfortunately, and that's the way it's going to go. it's going to be adopted. but you mentioned that, but loretta, you know, i would heard over the weekend talking to somebody about, crept in there saying mexico and the middle east are kicking the tale of the west right now in regards to crypt. um, being able to get that stablish it. but is it once everybody, let's just say everybody gets more involved? everybody gets on board as crypto? will it not be as desirable will not be as valuable if everybody, especially the west gets involved as they've done with so many other issues when
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they get involved and they start to regulate it? well, other countries then start to follow in their, in their footsteps. i mean, i don't to worry about, you know, regulation. i mean, generally regulation kills industry because, you know, he blocks it into a space that, that is too small, especially at the beginning of an industry, which is the case of the groups. but i would distinguish here between beach coin and the rest of the creep to, i mean the 2 and a so that means calling it is structure in a way that really you can 3 related to much. what you can do would be calling of course you can taxes. so taxation is going to be one of the most instrument that will be used in order to regret industry. but you know, you can't control, you know, the beach going is producer. you can't control the value of the beach going either because, you know, it is decided by demand could see if the software is produced by
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the software. and you know, the, the, the acceptance of the, my name is done based upon, you know, all the members of the beach club and community. so really it is, i think, conceptually the currency of the people at the all the criptos are different just so we can discuss, you know, one by one like, you know, stable calling for example, which see it for sure. link to, to the us the, i'm but drake, relating beach call. i know it for the say to will will be a challenge because there is no very much the so i, i actually a lot of trust. i'm a believer in the future of beach cooling at sea of the car and see all the people worked while it may sound like in 3 months. but i take in the next the k d o you may, it may become true. well, it's interesting, chris,
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because she does talk about how she's very, i love already your optimism. i'm on the subject. however, the current standard right now. unfortunately, becky is held by the federal reserve. so chris, how do you think the federal reserve and the larger banks will react if present terms elected any implement crypto and encourage it its growth even more? i mean, that's going to be a good question. is definitely something to pay attention to because when it comes to that coin again, like all you can really do is take down its on and off ramps which the bank can definitely control that you kind of caching and, and caching out of the particular crypto currencies but these things are designed to go peer to peer. so that's the kind of aspect of this that they cannot stop. so i think it's going to take a lot more of seeing what's happening as far as regulation. but the future is a 100 percent digital. when you look at the i a mass d, b i as the bank of international settlement, etc. and all the things that are being introduced, the em bridge that's being created, which is basically
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a way to interconnect all of these different digital currencies. whether they're a central bank, digital currencies or stable coins or digital fields. it's a way to interconnect said, now is a u. s. version of interconnecting them. and then they're also going to be interconnected in bigger ways. as i mentioned with m bridge and enbridge is stopping, has been developed with lots of different banks, including i and a half and b i s. and we just recently saw saudi arabia joint monte, the enbridge. so this is almost mimicking things that are happening. your crypto currency already. so is the question, do you want to be in a, in a crypto currency gauge system, or do you want to be in an, in a more of an open crypto currency system? and big point is going to offer that alternative. there's not going to be central's ation and control when i mentioned programmable currency, there's a lot of things that people are fearing in the future of where that program ability can go, especially when we seen things happening in canada with the truck or envoy. so there's a lot of things that legislation prevents countries from doing,
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but taking things into the private sector with stable coins, especially here in united states is going to alleviate the u. s. government from having to get involved with legislation changes. right. and the thought of resort technically cannot create a central bank visual currency without the approval of congress, which they've already said they're not planning on creating one. and i don't believe they will on a retail side, but they will on a wholesale side. and that is where you'll have a central bank for bank, a central bank, digital currency for banks. well, that's a great lead into my final question. i'm going to give it to you, steve, because well present truck be able to get your former colleagues on board to support crypto as a currency. or are there just gonna be a lot of checks written like everything else in order to buy off washington's approval? well, the curb to currency has been good communities been given quite a bit of money. i think there's a pass dollar lobbyist under donations, but i want to own it close. besides, it's real important where it is drawing a dollar. there's no question about written the dollars, there's this being destroy,
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it becomes less valuable. and then people like saudi arabia that depend on the dollar as a current exchange. and it's going to happen where crypto becomes a default currency because it's just a case in which we're destroying what we have. and unfortunately, this government's policy is destroying our currency. and we're going to buy it by the fact that we're gonna end up going to bit point. very interesting, loretta chris, steve, thank you so much for our conversation. thank you. you know, can't, i can promise the moon to constituency. but if they are not elected, those promises are washed away with tears alongside all the other promises made on the campaign trail. however, if a kid is elected, those promises can soon become the sword in their side, especially if they were extremely specific to one group. those there's a port crypto currency are already suspicious of the government. here's why they turn to they like the electronic currency in the 1st place. this appointment only
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will lead to distance, and donald j trump if elected, will only be given one chance to make his words come true. failure not only will effect trusting the government by a growing population, the trust of the financial sector, which has already seen its account over drafted. but hey, that's just my perspective. i'm sky now. here's the next time the the ukraine never transitioned out of the 90s. county politics of the not just continued all the way all the way for the and of course to go see the new crime that i never had a breach of trust. you come in with some stability is the power all sites the
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the disturbing images on the screen here, the russian all being cut all the quine offensive. take the west and equipment as for the lemay to move in 2300 keen street 5 key. the fault says it is an attempt to seize the clothes i knew the power of the russian military revolt, a surge and captain glen integrate, facing the flock as well is subject to a wave of condemnation of the us, the city council, this, this is it excuses a room like more than not how most of it is killed last time on the school. and this is only part of the terrorist to where you live in the.

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