and the movements of bitcoin of course peter schiff who hates to coin and he's a big gold bug and also a silver bug precious metals bug i do want to point out that on the day that silver rose by 13 percent he brought in that comparison to bitcoin but not in a positive way but what i'm saying is they are very similar and and how small they are relative to other markets and so one flows of capital go in there they do jump and drop wildly silver is up more than 13 percent so far today while big coin is barely up 2 percent silver is the new bitcoin except with direct utility so a big find bugs are dreaming about bitcoin going to the moon they're missing their real life moon shot in silver right well you know peter schiff is right to put big coin sober and gold in the same category they're all store of value. a big point is closer to gold and that 90 percent of all gold is used as a store of value it hardly any of it's used as for utility value at all if that's what peter schiff is referring to in terms of so far it's uses you till the value killed you value actually is a drawback for so we

this is not a case where bitcoin did something wrong. hacker wants bitcoin because it is valuable. want cash. let me ask you about another idea that crypto thatsiasts go to, the idea cryptocurrencies can act as safe havens, especially at a time you want to hedge against the macroeconomic environment when you have inflation and the likes. but then, during the whole we have seen bitcoin, ethereum, behave like other assets. at one point in the canned danek -- pandemic, we saw bitcoin and ethereum moving in lockstep with the s&p 500 had what has this crisis jonas about what this particular and see hedge can actually mean? safe haven assets should not be taken too literally. there's always multiple factors affecting the price of assets. if you imagine bitcoin as the -- the flow works with the titanic. just not able to sustain that kind of low. when we look at traditional markets, the whole market crashed. stockmarkets probably 1000 times bigger. ofn that goes down, a lot people losing a lot of money, and many of those people who have crypto investments will want to cover those investmen

i think people nowadays understand it is not bitcoin during the crime, it is just bitcoin is valuable of that better form of money than fiat. it is more transferable. it is more anonymous. but bitcoin is not leave a clear and easy to follow trail on the blockchain. it is public and it is permanent. with this instance, bitcoin got a lot of publicity. presidents,u get x elon musk or whoever else tweeting about bitcoin. although we wish the creamer positive news. >> any news is good news sort of the idea there. -- although we wish it could be more positive news. about another idea crypto does yes go to, the idea cryptocurrencies connect a safe havens, especially at a time when you want to hedge in this, against the macroeconomic environment when you have inflation and the like. but then, during the pandemic we have really seen bitcoin, a cerium, behaved like other assets. at one point in the pandemic we movingcoin and etherium in lockstep with the s&p 500. what has the crisis shown us about what this cryptocurrency had can mean? >> -- hedge can mean? >> i do not think people should take

today it is bitcoin, tomorrow it could be a fake declaration of war." one other member that weighed in yesterday was senator josh hawley of missouri, the republican senator yesterday amid this hack sending a letter to jack dorsey, the ceo of twitter about the attack asking for cooperation with federal law enforcement. here is a little bit of the letter that he sent jack dorsey. twitter seems to be excusing a cyberattack illustrated by a number of posts allowing users to sponsor bitcoin. the account targeted includes those for apple, uber, jeff bezos, barack obama, and joe biden. this list of affected accounts is growing by the minute. some accounts have been protected by twitter's two factor authentication. " include, did this event or was it a breach of user's own account security or of twitter's systems. were accounts protected by two factor authentication successfully targeted and if so, how is this possible? did this breach, mice security whose accounts were not used to share fraudulent tweets, if so were other accounts affected? how many users may

for those who are not familiar with bitcoin and how this works.hacked and then what happens? what happened today the account gets hacked — let's say elon musk, one of the first — and tweets language that if you send an amount of bitcoin, i will double that and send it back to you. of course, that never happens and the account just keep that never happens and the accountjust keep that money. and typically, what is also included in that tweet is the wall that dress, age is a wallet is where you store and can receive and send bitcoin, so can receive and send bitcoin, so that address is included in the tweet and, yeah, that's basically how it works. so these tweets fishing for money, fishing for bitcoin, they come from the genuine account. do they look real? do they sound real? no, they don't. as someone real? no, they don't. as someone who has all of years, they are typically not in the voice of the actual account holder, they are just scammers hoping whoever comes across these things might be gullible enough to believe that and technically savvy eno

one of users interacting with bitcoin bringing a mainstream experience to consumers with the client you can swipe a visa card and pay a lightning invoice pay an arm of the coin transaction and use dollars back by the strike economy in the consumer will be so far divided from where the big client is actually helping. behind the scenes and just really trying to drive a mention consumer experience and partnership with where because one is helping mainstream users all in the world really right now you've got a family background in derivatives your grandfather helped found the chicago board options exchange or c bio your father founded one of the largest discount futures brokerages what are your feelings about the bitcoin derivative market is that maturing you know if we spoke a while ago about a product you were thinking about which i believe are hash rate futures contracts which you know i love the idea of this i mean it just sounds so chicago you know chicago is really the epicenter of the rabbit as a futures trading zone america and for and probably the world and you're here last 3rd gen

reading about it every day tell us what it is and what problem it solves so this idea that we use bitcoin as a settlement real now so if i can transfer value anywhere in the world for free and instantly that's a pretty big deal a lot of plies to remend says commerce brick and mortar micro payments and so we simply allow users to connect a typical payment method like a bank town or debit card and interact with this payment rail they don't have to deal with taxes volatility they don't have to custody as majority of our users don't even know that they're interacting with behind the scenes were using their client to more efficiently transfer unsubtle value which is a huge huge deal we can do pretty much any financial activity for a consumer cheaper faster and easier so i'm excited everyone seems. cited and it's the beginning all right so according to according desk quote strike gives its user a unique public web site where people can send bitcoin just by scanning a q.r. code so that's basically what you've just been describing there a lot of people have been complaining over the years that th

>> i think i would rather do bitcoin. bitcoin is trading at an 80 vol and gold is probably at 20 vol so your positions have to be sized accordingly. we are early in the adoption of bitcoin, i'm seeing more institutional investors slowly moving into the space. they can't run into the space because it takes a while for them to learn how to buy t we just did a partnership with case which is going to allow the whole wealth channel to participate in a simple bitcoin fund it's products like that that i think are bringing this new group of buyers into the space gold has been around for 3,000 years, it's pretty easy to buy, you call your broker i think there is an adoption game in bitcoin that you don't have in gold, but i like them both we also just took out 10,400 in bitcoin so that opens up a much bigger move. >> brian kelly was saying that he thought bitcoin could go to, i think it was 50,000 in 2021. it is time to come out to trot out some of the bold bitcoin forecasts, you know, in the days of 2017 they were a dime a dozen?

. >> the cofounder has filed a lawsuit against google over a youtube scam involving bitcoin. all the details from the live news desk. anne. >> sounds like a who's who from bay area tech companies but the scam used name and likeness as well as that of other celebrities to try and get viewers to send cryptocurrency in a big bitcoin scam event basically and this lawsuit is alleging the tech companies involved, google and youtube did nothing to stop it. they're promising to get viewers back double what they've sent when viewers transferred that and with 17 other alleged victims and google ask youtube repeatedly ignored requests and videos. >> dohu cahufor one of the big problems with the smaller tech industry. they're so big, you don't have to listen. >> comparing the event to the recent twitter bitcoin scam that targeted 130 high profile accounts including bill gates, elon musk and barack obama. while twitter was quick to shut down the bitcoin scam allowed i several months and a spokesperson saying we take abuse of our platform seriously and take action quickly and we detect sca

, for me, it's going to be bitcoin.ou might say well, bk, you're biased because you run a crypto fund. but i also trade macro, which means i have a whole bunch of different things i can invest in. kurns currencies, stocks, bond, precious metals. and bitcoin has a better fundamentals, that's stock to ratio, it's better at that point. when i look at the cycles, the bull markets tend to cluster around the happenings. so we're tracking right along the 16 havening cycle. that would mean in 2021 you're looking at eight bitcoin price of 20,000. that's the long term target. in the shorter term 10,500 was a big number. we're breaking out of a two-year range. it would not surprise me, this is trading 101. break out of range, goes to pryer highs, that's 20,000. to me, that's three or six months down the road. so bitcoin looks like it would go two to five times higher. is gold going to go to 4 is now 5,000? >> you're saying 20,000 in three to six months and 50,000 in 2021. and we've heard these sorts of -- >> yeah. >> sky high fore

nate: it is unlikely from the perspective of bitcoin. have been so many other instances in the past, where significant amounts of money have been lost to a bitcoin failing or attack, and that has prevented -- in that has not prevented the currency from being used and traded. this is not going to be the end for bitcoin. tom: a great brief. nate lanxon, still working on this story, our europe tech editor. with our "first word news," here is ritika gupta. ritika: a shakeup in president trump's struggling reelection campaign. -- will be replaced. gave joecame as a pole biden a lead over the president. it also said more americans trust biden to do a better job on the economy. anthony found she sounds like he has had enough. he fired back at critics in the white house. he told the atlantic that what he calls the bizarre behavior there only hurts president trump. he described the white house attacks on him as nonsense and wrong. the trump administration reportedly made bandmembers of china's coming to's party and their families from traveling t

marianna oriented are dominated now with mobile payments and with bitcoin encrypt of payments they are in a position to leapfrog the world and become the 1st hyper big quite as ation example and that would be an enormous if they could lead the world yeah of course for domestic payments and domestic transfers of value they already have. things like m. paisa and many of their countries have their own unique mobile payment systems here is for a global international trade this is one of the things that the book on our shelves standard argues is that one day we'll have bitcoin as a global unit of account for these larger purchases of a cost $10000.00 for a car you know trying to transfer from a bank in africa is almost impossible they're cut off of the global financial grid not because of sanctions or anything just because the you know it's that supermodel thing with our banks it's like they can't just be they kept me bothered with people who don't have enough money even and domestically in america you know j.p. morgan doesn't even deal with people who have like less than 200000 it's like n

and so this censorship resistant sort of thing is starting to play out in the bitcoin domain because you know the self sovereignty from a nation has always been gold you accumulate gold and then what happened in the past year or 2 when venezuela wanted their gold from the bank of england note we're going to censor that you don't get it back and arguing here i'm not going to debate anything about my darrow or what you want to argue about him this is about just the like remove the name and just as to get rid of over your you know any sort of partisan spin or ideological spin or hatriot or anything like that pushed by a cable news just think of any country country they had some gold held in country b. which was a big you know giant economy that stores a lot of gold bank of england and they refused to give it back so now this country a venezuela is looking for a solution to how to get hard money because obviously their currency the bowl of r. is not hard at all it is crumbling right so here you have a remarkable thing is venezuela tried their own crypto currency there's a bad name for it

musk to twitch a bitcoins scale then it looks even more convincing and that is what the hackers havepeople have said it was people like elon musk or kim kardashian who got hacked but that is not entirely true. as we now know, it was twitter itself some of the staff that were hacked with that that makes this a lot more than usual and with the hackers, potentially a lot more lucrative and some commentators have said it is a surprise if anything that all they did was download a few celebrities private messages and post these bitcoins scams. a bit of a smash and grab. when really they could've potentially done a lot worse. it could've been a lot worse. thank you, chris. let 5 get some of the day's other news. the united states has condemned the decision by the hong kong government to put back territorial elections for one year. hong kong's chief executive, carrie lam, said the poll could not take place as originally scheduled in september because of rising coronavirus infections. james murdoch, the son of media mogul rupert murdoch has resigned from the board of newscorp. the company own

half that sum can bitcoin withdrawn the same day.ictoria, al jazeera. top court hasu.'s canceled the data transfer deal over concerns the american government will snoop on people's personal information. the pact allowed 5000 companies including facebook to send data across the atlantic. diversey activists are celebrating the ruling. business groups have warned their operations will be disrupted. ♪ the white house is considering banning travel to the u.s. by all chinese communist party members and their families. the move could inflame tensions between the world's two largest economies, which are already high over the coronavirus pandemic and the hong kong security law. meanwhile, the u.s. attorney general says americans have become overly reliant on chinese goods and services, including protective equipment for the coronavirus. william barr accused china of mounting an economic blitzkrieg, trying to become the world's leading superpower. casesmber of coronavirus in the united states has passed 3.5 million, the highest of any country

bitcoins scams are ten a penny on twitter, every time tweets something that goes vaguely viral.reply it's underneath. posing as him, using his display picture and renaming themselves as elon musk. they trick people into sending bitcoins with the the holy grail of course it would be to get actual elon musk they trick people into sending bitcoins and the holy grail of course it would be to get actual elon musk to twitch a bitcoins and then it looks even more convincing and that is what the hackers have done in this case. this is an unprecedented attack because people have said it was people like elon musk or kim kardashian who got hacked but that is not entirely true. as we now know, it was twitter itself, some of the staff that were hacked and that makes this a lot more than usual and with the hackers, potentially a lot more lucrative and some commentators have said it is a surprise if anything that all they did was download a few celebrities private messages and post these bitcoins scams. a bit of a smash and grab. when really they could've potentially done a lot worse. stay wit

what we see is the economist saying free money when government spending news no limits of course the bitcoin and gold community saw it 1st by coming up with that mean money printer go broke and of course they saw it the mean was powerful and that unleashed the crack and in big point it unleashed a crack in and solver it unleashed a crack in in gold but only if the crack a number of the you know the. rest. were just rubbish. what do you who who. yes it's free money and the economists quenching out that this could be something to be worried about 'd and it of course because why it's so worrying is that it's the psychology once the mind changes once the mind expects that this is the way things can be going forward that we don't need to work we don't need to go to labor and and spend 10 hours a day away from our family we could just say home and speculate via you know various online trading apps and so that mindset is setting in and can we ever step back from that can we step back from this global m.m.t. or is this the last days. of you know it can step back from you know ben bernanke you could

for social media platform twitter was hit by a massive hack dupes people into making bitcoin donations that affected some of the networks most high profile accounts including those of former u.s. president barack obama democratic presidential candidate joe biden microsoft founder bill gates and companies including apple and twitter is investigating the matter and has called it a major security breach it says the hackers after targeted some of its employees who had access to its internal systems. dollars look further into this and for that we're joined by spend happy he's director for international cyber security policy at the think tank shift the photo here in berlin he's works it works with various governments on cyber security issues when the question everyone is asking is my twitter account safe. well it is as safe with as it was before because the problem was is it wasn't really a heck of a breach as far as we know was the employees of twitter help outsiders criminals to make money out of it so what twitter has to do is not only to change some of the technology but also their proce

$114000.00 roughly half that in bitcoin was withdrawn from the account the same day victoria gate and be al-jazeera. he used top court has canceled a data transfer deal between europe and the u.s. over concerns the american government will snoop on people's personal information packed allowed around 5000 companies including facebook to send data across the atlantic privacy activists are celebrating the ruling but business groups have warned that their operations will be disrupted. the white house is considering banning travel to the u.s. by all chinese communist party members and their families the move could inflame tensions between the world's 2 largest economies which already high over the coronavirus pandemic and the hong kong security law meanwhile the u.s. attorney general says americans have become overly reliant on chinese goods and services including protective equipment for the coronavirus william barbeques china of mounting an economic blitzkrieg and trying to become the world's leading superpower. the number of coronavirus cases in the united states has now passed 3 and a

$114000.00 roughly half that in bitcoin was withdrawn from the account the same day the story a gay to be al-jazeera. well picking up on the issue of hacking specifically to do with russia we can now speak to victor all of it she's the lead expert at the center for actual politics that's a moscow based think tank and he joins us now live pictures thank you for being with us i mean russia is surprised and surprisingly i'm sorry denying all of the allegations that we've been hearing about but the report that we're seeing isn't just a report from the u.k. it's the national security services of the u.s. and canada also saying the same thing so the fact that other countries have noticed the same activity here around vaccine research that surely strengthen the seas claims. well as far as russian meddling in. the british elections askins here and of course those reports are not being weighed fired by a.p. they're wracked solid evidence provided there in the court of public opinion so the british security services are making a statement about that but of the same time they're not providing

andan i will match your don't nation bizarre and it appears someone got paid in a lot of bitcoin >>s is equal to the nigerian prince scam. >> what do you mean scam i'm still waiting on that. >> it definitely applies on line too. if you see somebody asking for money, stop, double, triple check. >> here is an eighth of a bitcoin, good work >> hats off to roy harper. >> here is the thing, earlier this week, a high profile editor at new york times quit saying basically, twitter is the editor of the new york city times it has been a bad 48 hours for twitter. >> absolutely. it shows how important twitter has become in our overall society in politics and media. it is vitally important. what a lot of people are concerned about. some professionals said this hack was amateurish and hokie. the concern is that this might have been a dry run or test by somebody very sophisticated. heading into an election season, you get a sense of how chaotic it would be if someone influenced these at one time >> thinking about someone in the white house located and saying something like missiles on the way or

$114000.00 roughly half that in bitcoin was withdrawn from the account the same day the story a gay to be al-jazeera. in hughes top court has canceled a data transfer deal between europe and the u.s. because of concerns that the american government will snoop on people's personal information the pact allowed around 5000 companies including tech giants like facebook to send data across the atlantic privacy activists are celebrating the ruling but business groups are worried it will disrupt their operations next year brian explains. the case was called facebook ireland and shrimps for words that could have major global implications sram says all of that and previously activist make shrimp's so we're really really happy with his judgment he launched legal action against facebook and its european headquarters in ireland arguing his data wasn't protected when it was transferred to the social media giant servers in the u.s. . the case went from ireland to europe's top court and knox and work where judges agreed with him 5 commission implementing decision e.u. 20161 of 150 is in valley. th

aging so there has been historically a seasonal cycle to bitcoin mining around the price of electricity because during the rainy season in china those dams are full right and so you can't just you know fill it up forever eventually the dam is full and you have to open the sluice gates unlike what the water go so you can either generate electricity without water or you just let open the sluice gates and let the water go if you just let the water go this is an energy resource that is not being tapped at all and is effectively free right so that's what's been happening in china for years is that you know people in various mis apologies in china have gotten deals with the local administration and been able to get access the site tricity. china obviously has been quite hostile to because over the years and people are seeking out you know more politically stable areas to to do this and as you know big finance is getting more interested in decline obviously the u.s. canada you know western nations europe is a big target for this and what's happening is that. where are the similar source of ele

nicole: in terms of bitcoin, we have seen during the bubble pandemic, bitcoin attacks on the rise againt at the same profile of this one, but we have seen a rise in bitcoin usage in attacks. i think here what we also saw is the movie -- the money moved in and out of these accounts quickly. there definitely was a level of sophistication. as much as that is a significant amount of money, the other thing we are not sure yet is, are the private or direct messages of has that alsoals, been compromised? imagine the money you could get on the dark web if those direct messages or private messages are now for sale. that could be a next wave that we may see in days to come. now, days to come. we have a huge and high-profile u.s. election coming up that was undermined in 2016 via social media. how much confidence does this if you are about the election and twitter's ability to prevent misinformation if they can't even prevent hack like this? nicole: i think this will increase concerns and, as always, i think we have to make sure that we have a way to verify information. there are so many people th

what do you make of the bitcoin and crypto tie in?that money is already being transferred out of the account. this is probably -- at least in my time covering the company, i have never seen a more successful widespread scam like this. it is really quite striking that somebody was able to do this. i wonder how much of it has to do with the fact that employees are working from home. there may be less security than there normally is. we have had a lot of questions about twitter security given some of the high profile hacks earlier this year and last year. jack dorsey was hacked. card got hacked -- his sim card got hacked. the company is consciously trying to address owner abilities like these. they are going to come under a lot more scrutiny after this recent event. twitter shares did fall sharply. still down slightly. i do want to point out the president trump's twitter account does not appear to have been hacked. does that give you any more clues? sarah: his account was not hacked, but we have seen obama and biden post the same scam. a

it's weitz told the users of the social media platform they had 30 minutes to send $1000.00 and bitcoin donations in order order to double their money twitter stopped many verified accounts from tweeting and said it was looking into the incidents. well our reporter our parred so as he has been following this story for us are about how did this happen well it's believed that a hacker or group of hackers and very adept ones at that were able to get past the cyber security system of twitter and then from there they were able to get into the individual accounts of some very well off people the names of which you have mentioned already just for an example and then they made a bogus post saying you know what limited time offer you can double your money and so a number of people fell for it and you know it it's a blow to to it to twitter frankly and what has been his reaction been at to this incident where they looked into it very quickly but it took them a few hours to finally post on their website that they've limited access now to a number of accounts they've also made it impossible to chan

$114000.00 roughly half that in bitcoin was withdrawn from the account the same day victoria gate and be al-jazeera. now facebook the e.u. and the us say they're studying a ruling by europe's top court which scraps a data sharing privacy agreement the ruling prevents tech companies from transferring european citizens material to the u.s. brian reports. the case was called facebook ireland and shrimps for words that could have major global implications sram says all the and previously activist meke shrimps so were really really happy with his judgement he launched legal action against facebook and its european headquarters in ireland arguing his data wasn't protected when it was transferred to the social media giant servers in the us. the case went from ireland to europe's top cotton oxenberg where judges agreed with him 5 commission implementing decision e.u. 2016 well of a 150 is in valley. the court has ordered the scrapping of an agreement called the previous the shield which was supposed to keep the diameter of european customers safe when it was transmitted across the atlantic no

these people were trying to get bitcoin to move.he easier thing would be to hack these individuals than to hack a company like twitter. >> twitter down 4.6% . >>> moderna extending its rally, up nearly 6% on positive data from phase one of its coronavirus trial phase one vaccine. it's up 20% in the past month. sales by insiders are raising some eyebrows. meg? >> as stocks at some companies working on drugs and vaccines from covid-19 have soared, moderna executives have sold shares worth the most value, $160 million in the first half according to data. here's a look at the company's stock price and those sales in the first half these were all done under preprogrammed stock sales plans. the ceo has sold almost $25 million worth of stock, the president almost $6 million and the chief medical officer has exercised options netting about $40 million. since july 1st, moderna executives have sold almost 12 million more even though these sales are done through these preprogrammed plans, they have raised symptom e some eyebrows. >> selling st

what are the governments waiting for on bitcoin? the singular issue is they use bitcoin. to allow you going to be the one that receives the bitcoin hate mail and i'm going to steer clear. unchanged.solutely going nowhere on the session. newsnutes away from a conference. stay awake for it. president lagarde just around the corner. up, julia coronado. from new york, this is bloomberg. is shaking uprump his struggling reelection campaign. the president replaced his campaign last night. pascal has been under fire for some time. it comes less than a month after the presidents sparsely attended rally in tulsa. the twitter accounts of some of the most prominent american political and business leaders have been hacked. barack obama, joe biden, elon musk, jeff bezos and warren buffett. another was michael bloomberg. it was an apparent attempt to promote a bitcoin scam. they sent out tweets promising to doubling the money within 30 minutes. twitter says it's investigating. the spike in the coronavirus outbreak has gotten worse in texas. the state reported its biggest daily number o

as you can see, the account of barack obama contains a post asking for bitcoin and giving back to the community, it is clearly a scam. other hacked accounts that are verified displayed similar messages. let us speak now to hacking officer for cyber security specialist who was jailed for hacking in the 1990s. what do you make of this, this was someone who wa nted make of this, this was someone who wanted to be noticed? it would have been much more effective and it would have got more money if they did it more quietly. certainly, they could have sold this access were millions of dollars. they were very noisy about this attack. it looks like they used some automation to leveraged these verified accounts and send out this bitcoin message. this was not about fraud, i don't think, it was more about doing the hack. they received, i believe about $110,000 in their accounts, so people actually believe this hack, u nfortu nately. people actually believe this hack, unfortunately. it was very noisy, in the hacker community we would actually call this type of hack a little bit lame. just on the mo

as and celebrities in a scam apparently designed to leo people into sending money to an anonymous bitcoin account twitter followers were offered $2000.00 for every $1000.00 they sent this was an account all about opportunity and what you're seeing is you know very high profile people reach a lot of people very quickly because you know something that can be turned into cash very quickly anonymously so i think somebody found a very clever way to extract a lot of money from people in a very quick amount of talent that might also be a demonstration of twitter's weak security control as campaigning steps up for the presidential election in november a contest in which twitter is likely to play an influential role u.s. president donald trump's account which has more than $83000000.00 followers was not among those hacked chief executive jet doocy said tough day for us at twitter we all feel terrible this happened we diagnosing and we'll share everything we can when we have a more complete understanding of exactly what happened i think we're probably very lucky that people who took it very chose t

promising that they will double their money bitcoin is a form of digital currency that's traded over the internet or so known as crypto currency comments and posts on twitter suggest thousands of dollars in bitcoin may have been sent to the scammers digital account twitter says it's investigating. u.s. tech giant apple is celebrating a big win in arland european high court has ruled apple does not have to pay $15000000000.00 in arash back taxes judges ruled it hasn't been proven that apple had an illegal tax arrangement with islands government and used shell companies to under declare profits grossly. a sculpture of a black lives matter protester has been erected in the u.k. city of bristol in the same spot where statue of a slave trader was pulled down by members of the public last month a temporary installation was put up by artist mark quinn he says he was inspired by gen reed an anti-racism demonstrator but a graft standing on top of the empty plinths during a march in june just as toppled the previous statues slave trade to edward colson and dumped it in the harbor during global

for a number a year sia at conferences every now and then and this is great to have you on now the bitcoin hash rate is currently at $125.00 x. sas what does this number tell us both a technical level and then on a more fundamental profound level bob well at a fundamental level a hash is you know computation of one of the instances of a company which could be a big claim block right so that's a hash is. i have to look at the site prefix for x a but it's the 18 it's an awful lot of hashes per 2nd. so what this means is that the we have recently had a hash read it just meant so every 2 weeks because it just sits it's hash rate target. and it went up by quite a bit no last though i have. difficulty readjustment what this means is that minors who are probably some of the most economically invested participants in the ecosystem are betting strongly on on bitcoin this means a couple of things that means so 1st of all there's a new generation of quick meant which is up to $100.00 terror hashes for 2nd per minute device at about $3000.00 watts. 2nd of all it means that those producers of bitcoin b

$114000.00 roughly half that in bitcoin was withdrawn from the account the same day victoria gate and be al-jazeera. and other world news a british court of appeal. has ruled that a schoolgirl who traveled to syria to join eisold should be allowed to return to the u.k. shamima big old who is now 20 years old had her citizenship revoked in 2019 she wants to return to challenge that decision as bring in sunny a day ago in london for sonya this has been a very controversial case give us the background to this ruling and what have been the reactions. absolutely she was one of 3 schoolgirls who at the age of 15 left the u.k. to go to eisele when she arrived there she was married to a dutch convert and until she was found last year by a journalist in a refugee camp in northern syria. relatively little or nothing at all was really known of her at all now she said that what she was trying to do was get back. for her return to go back to the u.k. how ever it sprouted off a huge political controversy whereby the home secretary at the time was saying that because she broke the law and ran away t

political and business leaders in a bitcoin scam.k obama, joe biden and elon musk among those whose accounts were hacked promising money to anyone sending funds via bitcoin within 20 minutes. nate, do we have a rough idea yet of the timeline of how this played out given how sophisticated and likely closely coordinated it was? >> exactly. yes. we know the problem began, escalated and was shut down within a few hours yesterday. by twitter. which took as far as i'm aware a pretty unprecedented move in blocking the ability of anyone verified twitter account to tweet anything for hours. so this escalateseded quickly partly because over the significance over the individuals and the companies whose accounts were compromised. they all have millions of followers each. a massive potential breach and twitter happened to quickly jump in and essentially say all of these accounts need to have their ability to tweet revoked until they can get on top of the issue internally. yousef: that has already been a precarious time for big tech. what has twit

and i think only when people ask questions do they kind of started or a tip on you know it could bitcoin maybe solve some of these problems and i think that happened we saw you know a big uptick in decline interest and whatnot and you know the way i think about it i don't really think about it as like either or i mean i think currency should continue to exist they play a role great but the queen should exist as a thermometer as like a way of keeping things in check. for people who choose to opt out and have another asset class to invest in they should add that option and that's all replied i found it interesting because you know the history of paper money going back 300 years there have been hundreds of versions of paper money and not after $51.00 the british pound has lost 90 more than one percent of its purchasing power it's effectively debt but not no paper money has ever survived here in india as you point out that the amount of patience game the government suddenly one day decided all your paper money is worthless i mean all you have to swap it for any paper money and so this means