that can't rely on so-called invisible hands of orthodox economics or game theory working either david hale's welcome to the kaiser report great to see you all right david ales peer to peer currencies p.d.p. currencies like ripple what are they are they similar to bitcoin how do they operate how could they alter the financial ecosystem as we see around us ok well many people are familiar with the big coin you mentioned when you show previously. big coin is a system which maintains a kind of centralised troops through a distributed algorithm in order to limit the amount of currency big corns that can be in circulation in any one time so what's special and unique about big coin is the distribution algorithm which is very difficult to hack which means that it's very difficult to forge because in fact you need to take over the majority of the big network to do this however this is a particular function so big and useful for a payment or transfer of value function. but all the kinds of pete pieces are looking at diff. kinds of function currently supplied by say banks for example so interesting you

hale either i'm sorry. ok i didn't i didn't want to pour david hume's tombstone. but matthew hale was a jurist and he came up with the doctrine about that involves the question of sexual consent in a marriage and the doctrine that he formulated and it proved to be extraordinarily influential and as you said lost it for many centuries was that essentially when a woman consents to marry a man and she has to consent to that it's very important that she does consent to that that she's essentially consenting to give him sexual access to her body not just at that very moment but for the for the property of their marriage and this became a notion of basically it was called implicit consent so that throughout a marriage if a husband or a man ever wanted to have sex with his wife he essentially did not have to get her say so he could have it and therefore if he raped her by definition it wasn't rape because she had given her consent at the moment when she consented to be married and what's you know what's astonishing about that argument is not just the argument itself but w