f t c side, the legend ledger, and the c f t. she doesn't have as much of investor protection mandate as it doesn't orderly markets mandate. and so there's a little bit of both and that's what makes it so complicated. and there's no simple answer. what we really need is for policy makers and the crypto community. sit back and think about what is the u. s. public policy. and this is the only investor protection which i don't think it is. although it is there is investor protection concerned, but it is, isn't it also orderly markets, the type of us markets that set the world price as the futures market has done once again? or is it also the national interest in modernizing our financial system by promoting innovation? probably promoting payments, innovation, currency innovation, which i think it very much is. and if that's the case, we're probably going to need a new form of regulatory structure that's, that's bitcoin native. that's crypto needed for this innovation, specifically designed for it. right? especially as it continues t

but while the i c c has allowed the t f to move forward, man has applauded its use of futures contracts. many in the crypto community argue a bit coin atf should be based on spot prices instead. they also take issue with the claim that an e t f is needed to bring about mainstream acceptance given how much the crypto currency has skyrocketed on its own in recent years. countless questions also remain as to whether the u. s. government will be introducing new regulations targeting per user. and of course, if we're going to learn more about plans for a digital dollar anytime soon. so joining us now to go further and jump on. this is christopher john carlow, former chair of the commodity futures, trading commission and author of the upcoming book crypto dad. the fight for the future of money chairman, it's great to have you on the show today. now, when it comes to this news about the 1st bitcoin e t f, how do you see it? do you think that is worth the hype? brian rachel? great to be with you today. thanks very much. well, whether it's worth the hype, i think it's significant in all kinds of

kaiser time now to go to tyson slokum of public citizens energy program. tyson also serves on the c f t c. energy committee . energy is big in the news as the you and climate change. summit opens tomorrow and an energy crisis in the form of storing oil and natural gas prices hits economies globally. tyson stock on. let's start with the you and climate change a summit cup 26, as the summit kicks off tomorrow. glasgow. should we expect anything more other than the same? well, i mean, i think it's great that the united states is back engaged with the rest of the world. as you know, the bike administration reverse course from trump and re entered the parish climate accord. and so the biden administration, with john kerry and others are going to be at the table, pushing the world to try and move these negotiations along. i don't think that that these meetings are going to result in anything earth shattering. but just the fact that the united states is re engage in and continues to prioritize action on climate at the regulatory legislative level. means i think that there's hope for the planet t

c, f t. c. energy committee. energy is big in the news as the you and climate change summit opens tomorrow and an energy crisis in the form of storing oil and natural gas prices hits economies globally tice of the stock on. let's start with the u and climate change summit. com, 26. as a, somebody kicks off tomorrow, glasgow, should we expect anything more other than the same? well, i mean, i think it's great that the united states is back engaged with the rest of the world as you know, the by the administration reverse course from trump and re entered the parents climate accord. and so the biden administration, with john kerry and others are going to be at the table, pushing the world to try and move these negotiations along. i don't think that these meetings are going to result in anything earth shattering, but just the fact that the united states is re engaging and continues to prioritize action on climate at the regulatory legislative level. means i think that there's hope for the planet that we don't destroy yet that the world is the least engaged in trying to figure out a global solution to, to climate change. let me ask you this. what came 1st? money printing out of control or the global climate change crisis. i think about the same time, i think they both were sort of bare with dr. revolution and the burning of fossil fuels to meet all of our energy needs. so i think it's an opportunity to baby address both problems at once. what do you think you know the, that the idea of this e s j, which is re branding of corporate social responsibility and climate space seems to be just cash in the print. a few more trillion dollars and then my excess of money printing results and mal investment, including the 30 percent of all the energy producers wasted. because the companies who use energy are not incentivized to use it efficiently. so we're rewarding the worst amongst us. it seems like comp $26.00 as a festival of mal investment. i don't know if i would characterize that way. i think that global climate change requires a global solution. and so i think it actually is productive and important for world leaders to get together on a regular basis and figure out a way to comprehensively address the climate crisis. but yeah, i think individual nations commitments, i think are going to be a little underwhelming. i think this is just sort of the 1st step of many needed steps to get to where we need to go. 2 months ago, us president joe biden called on saudi arabia a pump more oil in order to lower prices for us consumers. and yet this weekend, we're supposed to play that by actually wants less oil pump. you see, i'm saying here the seems to be a bit of hypotheses. yes, i agree that there's, there's some hypocrisy here, especially when he didn't address the domestic situation. the united states, oil and gas industry over the last several years as completely reoriented itself away from prioritizing investments for domestic consumption of fossil fuels. ready and towards the international export of us produce gas and oil. and so if you look at almost all major us oil and natural gas infrastructure investments, they're designed to prioritize ex, sporting those fossil fuels out of the united states. and so those rising levels of export, right, we're now exporting about 10000000000 cubic feet per day of natural gas exporting several 1000000 barrels of crude oil every day and plus millions more of refined products like gasoline. this is all having an upward pressure on domestic gas and oil. ready prices, which is hurting consumer. so if, if biting was going to be serious about addressing the price crisis and the, the climate crisis, he would be taking steps to limit more ban us fossil fuel exports. right. well, you know, the price of oil is going up just like all commodities because there's so much money printing. they're floating the system with so many dollars. you know, why don't they adjust the problem? i, i don't understand why. i don't get it, man, you know, these people are obviously frauds. they are just printing the line. they're on pockets, and they claim to be concerned about the climate. but they're not, they're clearly not. they're not. how can anyone believe them, tyson? well, there is a credibility problem with, with the federal reserve, as i'm sure you know, there's, there's a lot of scandals and there's a serious push to not extend the chairmanship for power. and so there's a lot of keep right now on the bed. but i think that we've got to put some sheep on limiting us fossil fuel exports. and by didn't, has that clear authority. i helped worked on the 2015 law and there's provisions in there. all biden has to do is say that there's a problem with the us oil exports and put a notice in the federal register. and we can take steps to start to limit or crude oil exports. and the same goes on, on natural gas, all of be natural gas export authorizations. include what's known as clawback. clauses that allow the department of energy which authorizes elegy exports to clawback authorizations of those exports if ah, unexpected or severe changes occur like climate change or rising prices or physical shortages like we saw during the february winter storm. so all of these things are a clear indication that we've got to limit or stop our fossil fuel export food. you know, i know i do a lot of research and near crunching numbers there all day long. let me ask you a question here because i have no idea what the answer is. i'm. if you've done any work on this, but when a rental car company, i believe it turns order is 100000 cars from tesla electric vehicles. is that a net positive? i don't know, i have look at the details of this. but the climate crisis is not going to be solved by swapping internal combustion engine pulling powered vehicles with the same number or more fully electric cars. it's not until we change modes of train of transit to get more mass trends and investments. are we going to see meaningful change on addressing climate from the transportation sector? so i'm not, as i mean electrification of individual automobiles and trucks plays an important role in d. carbon is ation, but it alone is not going to be the savior or the solution we've, we've got to re invision transportation to have a lot more efficient, mass transit. ok, so lick documents before this comp event show, the saudi arabia, australia, japan, have been lobbying the un to play down the need to move rapidly away from fossil fuels. so what's not all about? well, it's nice to know that you asked isn't bill and number one in global climate talks, but what's going on here is that, you know, vested interest whether be the saudi national oil company or significant poll and natural gas and trust and australia are continuing to be relevant in the face of this change to a di, carbonized future and, and playing a very influential role in a number of key countries to try and slow down the commitments. but we have to remember at this point, the paris climate of ord was an all voluntary set of commitments. that's why the president obama negotiated it never had to bring it up to the us senate for ratification. the constitution requires all for entreaties to be ratified by the united states senate and paris. paris climate accord wasn't the treaty because there was 0 binding commit. all you have to do is voluntarily and publicly commit to a, an emission reduction scheme. and then if you fail to do it, you're publicly shane by having other leaders, wagner fingers, but there's no sanctions or other financial or regulatory penalties for non compliance. and so, so we do have to understand that right now, these international commitments are really just sort of, you know, they're, they're not binding. and so in order for us to have really affective international means to address the climate crisis, i think we've got to put a lot more meet on these international agreements. right. well, in the meantime, however, bitcoin is incentivizing stranded claim, jail thermal energy to be captured in one of the poorest countries on the world el salvador and converting it into hard money. what lessons can we draw from this? well, i think that the, the bitcoin and crypto mining industry is sort of learning a lot from big tech companies like google of microsoft, that we're building energy intensive servers to power the internet. and they recognize that those servers were contributing to climate problems and committed to renewable energy and other sustainable energy resources to power those data centers . and i think the, the crypto mining industry is doing very similar things here, where they're recognizing that using all the servers does use some energy and making commitments to power them in more sustainable ways. we're seeing it with talent energy, which is a nuclear power plant in pennsylvania, latching that nuclear power plant to crypto mining, like you said, utilizing all sorts of industrial processes that are capturing wasted heat to power these facilities. there's a whole host of things that crypto mining can easily do to reduce the climate impacts of its operations. right? but there's another part of this. they the president, the company. locality is openly mocking the i m f on twitter and about the loans and the colonial zation that's been going on from people like the un and the i m f and the world bank and all these huge groups that same obsessed with climate change . but they're replacing it with real money, hard money. so in, so the u. s. gets off money. the chances of solving the, the climate crisis is 0. i would give it a big fat 0 because you can't solve the crisis with, with fake play money type. why i don't know if i go that far, but there's no question that i can play a productive a role in the financial system. and i, i don't necessarily view of crypto mining as a problem for the climate like others. right. well, it's not a problem for the climate, it's, it's, it requires 110th of one percent of the global energy output to secure and hard money for 8000000000 people potentially. so it, your overall global energy usage would be cut at least in half if their folk i'm just saying if they were serious they would adopt big coin mining as the go to model to cut global emissions. right? that would be the serious thing to do at this point because the data's in, but they're not anyway, we're going to, we're going to carry this over to park to thank you for being a report. always great to be here back. thank you. all right, not going to do it for this additional because report with me max kaiser and stacy or thing. i guess tyson slocum, until next time bio. ah ah ah. he died. i cried. i just had slapped the whole time out there. no one really thought anything different, neither saw that. i just don't feel good. on the way. for the surgery, his lungs failed. 30 jackets. when i killed him, i had gotten stuck with so many needles that day. in 2019 doctor started talking about a new wide spread disease that caused severe lung damage. there's a few points that were really hurting all of the patients were diagnosed with a lung injury associated with using electronic cigarettes or vapor products. the pull this out, he refilled. holy crap, he's gonna die. oh no, he's to be better. it was i wouldn't want my worst enemy to every go through that. it was out of breath. a if you want something done, right. do it yourself. the acronym d i y, i do it yourself, has now become the name for a new genre of online videos. we do a couple of more to enjoy any sammy herself still that you had known you've never was more than i did. i need more to read the book a deal it people use scrap materials and whatevers at hand to rig up all kinds of stuff from household items to pump actions. squid guns, richer company for my freshman longer. still muscular. well, much more pool with the best part is people want to watch millions of viewers spend hours seeing how a person they've never met and who's half way round the world, assembles the contraption. no one else needs me. talk to catherine, arranged to sophia for that in which could just move my tea when you minute synergies like user g was looking at the club, lily for future pushing 430 ish all the test is poor. i down the street to rome, demanded that world leaders take action to stop climate change is the italian capital host, the g 20 summit doctors in france, one the budget cuts the leading to staff shortages as top scientists claims the national health care system. there is on the brink of collapse, but a pandemic taking hold once again. i c, t. i cause it's the government is to blame for the shortage of medical personnel. france is the only country in the world that's been cutting funding during the pandemic. medical staff outraged vitals and ready to quit over in the morning. ah, rubbish piles up in new york and sanitation workers protest against the cobra vaccine mandate with unvaccinated city employees to replace the unpaid leave. now.

the f t c says that facebook has monopoly power in social networking. facebook though, says the f t. c is ignoring reality of that. it competes vigorously with some of the companies that sell was talking about the tick tock i message twitter snapshot, linkedin signal youtube, who's right the f to see a facebook that's a very tough call. adriane, so i think we're going to have to wait and see. but the problem is that this entire outage that facebook has been going through has actually not made its own case stronger. because indeed, if we look at instagram and if we look at all the products that have been developed, including reels as a way to mimic tick tock. and the different types of products that are available on instagram are really testament to what you were mentioning earlier. that indeed, there is a competition on a market. and at the end of the day, a lot of social media companies will end up going and developing the same product. however, this is exactly what a cell was mentioning the inter relation of all of these companies that the f t c has also taken a lot of concern with.

s. government f, b, i, c, i, all the alphabets in the world can stop b, i t c. packed of the know. now let's switch confidence head over to africa. we know that in nigeria, things are, are getting down there, taken off their happening. you know that 30 percent of the countries already on bitcoin and looks like that's gone, hyperbolic all over africa. want to tell us what's going on again, these, these local occurs is an ira, or the uganda shilling these. these current is, have been used by colonizers to the extract wealth out africa. the fact that literally big coin is a superior transfer value than any of the, these are almost, you know, you could call them bobo coins. these local currencies aren't really worth much outside of their domestic use. so again, i think when we started looking at international currencies, usd which is again manipulated by the central bank or something like big coin is easy to say that a person and leg goes would prefer to use something that they can't can't get confiscated in as a utility that can't be controlled by the u. s. government. and again, u. s

t s ■ ■s . xóq$eháhá■%ç■ 5■ vì] admin■u■Ñ■ =f n■[■ hu(■ 2■xuv■re9■÷@■■ e■q■ç■ ñbq "■g jakecob soboroff now withnd sources caution that so many of those final details, whether how the program will work, or how much money will be paid, are yet to be determined this is an ongoing settlement negotiate between the u.s. government and lawyers representing those families who were separated over 5600 of them by the trump administration in what, remember, a nobel lawyeureate organization deemed proper and they call it government sanctioned child abuse at the time so when you hear from the former vice president today criticizin the potential settlement, you have to keep all of this in context. but what we are hearing an sources have told nbc news that it could be hundreds of thousands of dollars each, which of course could amount to hundreds of millions of dollars if all of the families who were separate thed by this policy are included and this is vat and distinction fromreunification effort under way by the biden administration this is a civil case a tort case being brought against the u.s. government