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 the security exchange commission under president joe biden, in reference to the crypto courage, the industry. now, as expected, the democratic run it financial wing of the government is strongly opposed to crypto, as it gives them very little power or 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 violations of a curbside restoration has said, most crypto tokens being sold are being done so legally with age crypto leader

being arrested or prosecuted. panic is setting it, however, house republicans lead by financial services here, 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 allow it to grow. democrats like represented, maxine waters have even agreed to try to work on a deal that would create a more tailored or crypto, including a move to regulate a type of token. notice stable points of this coinage is designed to maintain a value link to traditional assets like the dollar. but was it the whole point of crypto in the 1st place was to get the government out of financial transactions. you know, i want to discuss with our town loretta, not the probably on a journalist and author, chris rice, journalist and house rice crypto show on youtube. as steve stockman,

former us representative, thank you so much for joining me on this. thank you for having me. i appreciate wonderful. all right, actually, thank god. i would love to actually start with you on this one. steve, do you think crypt occurs? there's a game changer for the united states, or is it just the con the americans feel like they're being sucked into? 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 stays back and not interfered with the new industry. you know, when uh, well napster 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 fear is 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 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 the 2008 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 the pockets for 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 that you of course, 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 a date for crypto i represent a trip to the monopoly of the states the in the morning table. is it because now you have an alternative currency inclination with a country, and this is not accepted by, you know, the tradition of economics to, to but then when you start looking at beach calling and seeing isle beach con as

developed. so in the last decade you realize that it is, is 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 not just a set, a negative change can be positive. so embracing it to, for the united states, that is done in the right way, it is promise to show by the time the vine soon you um the presentation. then i think that this should be welcome also by the industry. but that's the thing chris trump and even j advanced to 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 rock 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 validate rama swami 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 conduct the cursing 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 to 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, 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, 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. cuz 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 a role in crypto and is that a lot why trump is now actually becoming more and more familiar with it? you know, i don't think so. i think you're the n f d as an 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 it's d as nothing to do. when do you know the actual role or 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 well 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 the 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 to update because he'll be on the dollar dollar . 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 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 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 knowledgable and his speech of group though, 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, why 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 background was why me i he was at the big core and conference last year as well as in attendance this year. and he was very appropriate, klein 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, i'm sure 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 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 are 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 crypto 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, in particular because we all are a libertarian hearts. the republicans want to see less government, and it also facilitates commerce and very speedy way if it starts becoming a normal adoption. so this is a transformation, it's going to be, it's huge and i don't think people understand just how much is going to 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 effect crypto will have on other financial sectors of the government. the the

joe biden catastrophic debate performance. and the attempted assassination of donald trump. i shuddered. many narrow trips about american politics binding isn't sharp is attack. and trump isn't an ex essential threat. officially, sites from narratives of collapse the

on the 1918, the countries of the west won the final victory over the ottoman empire. the sultan's government capitulated to the inside and sign that humiliating armesis of low grove great britain and france. and italy wanted not only to destroy the ottoman empire, but also to divide the prime orderly turkish lands among themselves. in 1919, their armies began to land on turkish territory. but the west decided to choose

greece as the main striking force seeking to make others realize this aggressive plan. for an intervention, provo, mass, indignation among the turkish people. the national liberation struggle was led by the experience of general mustafah come all as a 3rd. in order to bear down the enemy, a bank on the mobilization of the nation, and the alliance with russia, which acted as a united front with turkish patriots. at the end of august 1922, the 3rd army won a decisive victory over the invaders. in the battle of doom, libby not and within a month liberated all asia minor from them, the impressive success of the circus army force the west to make concessions. in 1923, the loss on these treaty was signed. turkey. one of the 1st countries in asia manage

to defeat the colonial empires and defend its independence, becoming an example for millions of the press on the planet. the welcome back to perspective i'm your host got e mail here for the securities exchange commission has been collecting legal victories and get reckoning the current, the crypto industry, along with some of the biggest players at the forefront is securities exchange commissioner, chair gary against our gary has been very suspicious. there's been public with this feeling about the market being riddled with corruption and considers crypto to be very dangerous. as republican presidential candidate, donald trump promise to fire guns are, is greatly welcomed by the crypto crowd. so let's continue our discussion with our panel. the reta, no polar on e. a journalist and author, chris 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 know, i'm gonna start you right up because the president trump, when 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 treasures secretary? could it be? and i think i could see chris, i will give you your cited the background, the swami who encourage him to adopt the policy that he will never allow the creation of a central bank, digital currency. you know, 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 controversial or to, to the traditional high school. it's, 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,

he publicly, we need some, we need to trust in the new system. and so we need somebody that is perceived as a professor and all of that is now going to do the interest. so one group or an address, but who is going to guide these rate relation, which is going to have a tremendous impact. not only the united states, but in the rest of the war 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 would be much better than anybody else because that so if you, 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 does not bigger than him. yeah, of course, like i mentioned with that chromosome, i gotta bring you 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 you 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 or advisory type position in 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 clients, which i mentioned earlier. and the unfortunate thing is stable clients and central bank digital currencies. and digital dollars are all the same thing with just different names, and it's all programmable to 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? of the federal reserve chairman, if you push, if he continues this push on crypto a not a favor. anybody. lots of people that try to do innovation,

it's really shameful, last 4 years actually. even uh, frankly, and there are other ministrations they didn't accept or realize the advantages, the crypto and distributive, 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 miami and it's quite shameful. uh, regulations killing industry. and we repeatedly do this throughout history. we, we, we kill an american, we have is great inventions and great ideas. and then we, a government comes in and stops on it and kills that. but eventually there's going to be a people accepting of it and they're going to realize the change and look back on our wonder like a fax machine. we wonder what we can do without it. now we're without it, you know, we were 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 crypt and they're 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 involved? everybody gets on board is 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 where 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 end. does it, which is the case of the groups. but i would distinguish here between beach coin and the rest of the creepy 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 instruments that will be used in order to do good in this. but you know, you can't control, you know, or beach going is producer. you can control the value of the beach going either because you know it to the side by demand could see if the software is produced by 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 to us. 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. no, 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, as you know, 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 early may. they may be gone through. what's interesting, chris, 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 encouraged its growth even more? i mean, that's going to be a good question, is definitely resolve that to pay attention to. uh, because when it comes to that point, again, like all you can really do is take down its on and off ramps wished to bank and

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 am asked d b i as the bank of international settlement, e, c, b and all the things that are being introduced. the m bridge that's being created, which is basically 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 fed 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 ambridge is something 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 and 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 gonna 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 happen in canada with the truck or on voice. so there's a lot of things that legislation prevents countries from doing, 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 going to 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 they're so past all their 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, it becomes less valuable. and then people like saudi arabia that depend on the dollar has 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 in. and unfortunately, this government's policy is destroying our currency. and we're gonna 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 i can promise the moon to constituency, but 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 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 trust in 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

no better place to be the village in the sun. those beautiful features is purely anarchist in the sense that there are no authorities within the city. everyone is their own citizens. half the people are here because then the rest go and the other half here because they loved the place and there's nowhere

else they rather be than here. but i don't, it's hard wonder, explain. you just have to experience labs. and by doing that, you have to live here though, this lab right here in lagrange this is one of the dining halls. it was a mess all for, you know, soldiers, food place, you know, several 100 people have passed through here. either under way, somewhere else or provide safe space to abuse women and to elderly people. to mentioned the people who, addicts to children, you know, some cardboard checks, you know, but the cardboard shack is broke up for you. if you just been sleeping under one of the basic rules isn't sylvia. and if you ground, they'll find out the

disturbing images found the coast region asked the russian army pots up the crane and offensive by taking west and put bent. that's pro fees and eliminating more than $2350.00 s troops will stop them no matter what. the army is exhausted. i think they've already retreated, far back. they're running out of supplies and they munitions. so we'll push them back for good. we're cutting them off completely as kids folders in it's reported attempts to seize the cruise. can you see a power plant? the roster and mandatory report was deemed captured, ukrainian troops and facing the flag easily subjected to a wave of condemnation as to un security council dismissal papers.