we're going to squeeze in a quick break here but hang because when we get back we'll talk kryptos and then cars heroes promise new marrows at the closing bell back in a flash. on this unique edition of crossfire a new and very important book john mearsheimer the great delusion liberal dreams and international realities it's a real. cracking gave americans a lot of job opportunities i needed to come up here to make some money twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year truck so i chose to drive truck people who rushed to a small town in north dakota was an unemployed rate of zero percent like gold rush is very very similar to. this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here and just slow down so much they lost their jobs got laid off the american dream is changing that's not what it used to be. and it's a tough reality to deal with. that . one of the. welcome back a federal judge in san francisco has suspended the two hundred fifty million dollars punitive award to sch

scurries exchange commission and how are they viewing kryptos today ron now you raise their excellent point guard our financial structure as you know when you're the say have to take some action are probably is the most advanced most mature or of any financial regulatory structure in the world but in many. respects ours is really outdated our laws our congress the way they've always regulated financial products is they first define the product a security and then they sign jurisdiction over that to the securities and exchange commission or the photic as a commodity they assign jurisdiction as you know to the say you have to say and the rest of the world doesn't take that structure and kryptos are really not a security they are a commodity as you just mentioned and congress really needs to address this mart to really figure out who is the right proper regulator to deal with as at this point we don't know and everyone's throwing their hands against as many darts as they can to try to figure out how to regulate this new product i mean one of the problems is we had so many different there

and we're going to squeeze in a quick break here but hang because when we get back we'll talk kryptos and then cars heroes promise new marrows at the closing bell back in a flash. on this unique edition of crossfire we review a new and very important book john mearsheimer the great delusion liberal dreams and international realities it's a real. prosecution will need to become almost. equal where you push. the threshold finds somebody you know going to see do i mean yeah i mean i mean political pressure on that go through. security tennis or another sort of punditry business models used by american corporations. please don't go to mental diseases you. see and you said this is. a dissociation. i don't think that he saw it is just somebody who's going to lead to. an investigative documentary. ghost war on oxy. welcome back a federal judge in san francisco has suspended the two hundred fifty million dollars punitive award to school grounds keeper dwayne johnson against barry a g owner of the monsanto comp corporation make a round of weed killer the judge sided with barrett's appeal that

and we're going to squeeze in a quick break here but hang because when we get back we'll talk kryptos and then cars here are those promised numero that the closing bell back in a flash. cranking gave americans a lot of job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year truck so i chose to drive a truck people who rush to a small town in north dakota was an unemployment rate of zero percent just like the gold rush is very very similar to. this beautiful story and with pollution and devastation a lot of people have left here i don't know too many people here in the mountains just slowed down so much they lost their jobs that laid off the american dream is changing that's not what it used to be. it's a tough reality to deal with. in a world with a big part of the market and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smart we need to stop slamming the door on the bad and shouting past each o

teams we're going to see build going forward yeah i do i do i think that we're going to see more kryptos sort of strategically move into different spaces and i've always said it's going to be token boy you would get equity in a company they work for even though you're not an employee as an a or b b host in a way it's sort of the new economy sharing economy type of employee so this is different way it's like the next generation of an a boy you know it's interesting because people are talking about these get kind of mean employees and workers and they're underpaid and they're not really getting a big way. age and. the company doesn't even classify these workers as employees or independent contractors but it seems that giving equity to more people is a way to get more people involved in this economy in america that is driven by financialization it's not driven by wages i mean it used to be wages in the seventy's and eighty's maybe but since the eighty's america has gone into a period of pure financialization and everything is traded in tokenized so an easy way to get folks involved would be

and speaking of crypto currencies we now move to the us how one might actually invest in kryptos and to do so we are joined by the co-founder of counterpart act our friend christiane christy welcome we're glad to have you give so it might be hard for to believe but there are more than sixteen hundred crypto currencies out there some of them with crazy nutty names a lot of with crazy names but the question really comes to how do people actually invest how do they get into crypto currencies you've got a few ways to explain it for us all right so before investors actually tried a vest and one of the sixteen hundred coins they first need establish their base currencies now based currencies are currency and that coin theory i'm like klein and bitcoin catch all of the names we've all heard exactly those base coins can be purchased with fiat currency regular money like u.s. dollars all the sixteen hundred cannot so they first need a five one of these basic points from a centralized exchange centralized exchanges are some names very familiar names such as crack in the next i think we've got

reinvented lodging there are regulations didn't come till much later krypto happened before the regulations will never occur because it's totally self regulated you know happened and it was completely unregulated and changing the regulatory framework financial innovation first regulation second africa saying we want to be a start up continent we want to do trade first do the regulations later to an extent that we need regulations but you don't want government first it's called socialism and it never works and never will work you want trade first that's in our d.n.a. goes back a million years allows me that case people want like for like they want to have a communication they want to. interaction we trade biological. formation to propel the species we trade language with photosynthesis returning carbon for oxygen you know the trade is in our d.n.a. not governance governance is not part of the reality and never will be so here again we're covering africa africa as welcoming this investment from china we covered recently that latin american leaders afraid of course because of the bloody histor

teams we're going to see build going forward yeah i do i do i think that we're going to see more kryptos sort of move into different spaces and i've always said it's going to be. world and these are all networks i mean then and they are going to expand at the pace they're going to expand but a lot of people are all between purists think it's a winner take all but i like dash i like the project i like the team and it's one of the reasons we had to go point right to have that governance model where part of the money. that we've seen like cheap air is one of our merchants and they get a lot of you know purchases on their cheaper right right and so gold coin is processing especially for crypto and merchants sign up that's right and they can take down and where do you see the trends in the us. when when we going to see like . or big big are amazon or somebody really get into this in a big way you know you would know you're on the front line steve tell us what's happening you know i'm a little shocked they haven't already it's really pretty surprising to me that we haven't seen and going or on

tells us about her new novel and compelling krypto initiative as we go to break here are the numbers at the closing bell a bad day on the big board for south africa as gold which we just discussed closed down for the day back into play. but hopes and. just to show me that. they put themselves on the line to get accepted or rejected. so when you want to be president. or somehow want to. have to go right to be close to see what the four three of them or ten people that i'm interested in always in the waters of our. first city. when a loved one is murdered it's natural to seek the death penalty for the murder i would prefer and it means to win the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying those just move the present and that we're even many of the times families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to giv

tells us about her new novel and compelling krypto initiative as we go to break here are the numbers at the closing bell a bad day on the big board for south africa as gold which we just discussed closed down for the day back into play. washington's ambassador to nato threatens to take out russian missiles and the u.s. interior secretary threatens a naval blockade of russia is the trump doctrine finally revealed. what holds his hands to. put themselves on the line to get accepted or rejected. so when you want to be president one should. want to. have two going to be close to see what will befall three in the morning can't be good. i'm interested always in the waters in the house. that first sip. this is crude oil. so they need to actually physically hold it out of the ground you would have well well well well well. there's a lot of money with the oil and with that comes. a lot of a lot of people from all over the country. if you don't make a hundred thousand dollars a year. as a minimum there is an issue. here in india. they work all sixteen hours a day it's hard work will work it's

kryptos and you know it was bitcoin and it was watching how did it all start while to talk about how it all started we need to talk about what actually inspired the creation of decline so this was back all the way in two thousand and eight when the financial crisis was in full swing and then you have in september you had the fourth largest investment bank lehman brothers holdings filed for chapter eleven bankruptcy and so as the entire financial infrastructure of the world was crumbling you have or register officially as a domain name and then shortly after that an anonymous white paper under comodo was published detailing about a bit coin a crypto currency that with supplement and improve the current failings of the monetary system so what this white paper actually said was that big quine in a nutshell would be a peer to peer electronic payment system where two people can seamlessly transact and settle and send and receive money with very little transaction fee in very little time this entire process would be a borderless currency and the main a feature of this would be that there i

light of brecht's it and later christiane counterpart tells us about her new novel and compelling krypto initiative as we go to break here are the numbers at the closing bell a bad day on the big board for south africa as gold which we just discussed closed down for the day back into play. join me every day on the alex. i'm unsure and i'll be speaking to yes of the world of politics sports business i'm show business i'll see you then. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer it be newlin the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying the is just no way to present and then we're even many of the times families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been thro

of bases and emerging kryptos stable point and we'll bring you that interview it's super interesting and we take a look at the increased cost and more of television streaming with holland cook the host of the big picture right here on our team america all that on the way but first we had a few headlines let's go. in the latest ploy in the race to capture the emerging market for self driving cars japanese auto maker honda is preparing to invest a total of two point seven five billion dollars in their u.s. rival general motors the two companies have announced honda will immediately invest seven hundred fifty million dollars in crews that g.m. is unit for developing. driving vehicles honda currently intends to invest an additional two billion dollars of capital in crews over the planned twelve years span of the project and joining with the existing unit honda seems to be trying to compensate for their relatively late entry into the field of self driving vehicles that capture the capital infusion also gives researchers at cruise more space to pursue what industry insiders say will be a h

passed away as cause one says self defense the kryptos in. the river of shit it shattered our whole life our system our society and you can attend school money but then they brought z. . the sun i had five friends and none of these five four died of different kinds of cancer tween the age of fifty and fifty five and. we have. the laws of the international criminal court for crimes. begins to money to use these last few games to bring forward only even sanchez president since the start of nuclear test countries. decided to go really far away from twenty thousand kilometers in the south pacific and. in the. lead say in paralyzed. from the pacific ocean. why why. and a quarter past the hour here in moscow still to come on the program here on r t a retail giant amazon faces a backlash over its increased minimum wage with workers claiming other benefits have been cut more on that and the rest of your monday mix of stories in just. seemed wrong. well just don't call. me. yet to see how it does the conflict that's occurred and engagement equals betr

and we always enjoy it when cripps krypto and banking expert christy i joined us on the program the other day we sat down and i asked her about counterpart x. where she is a co-founder her response is about what they are doing is not only novel and innovative but they're also doing something ilo we're bringing transparency to the over the counter markets i first asked her to explain what counterpart does. right well i guess the best way to answer that question is what made us create counterpart x. the problem with is that we are actually a hedge fund and when we started this all around us trades gave us a lot of currency and they want to ask him first and decline into a theorem into all these all coins the problem was how do we convert two million five million ten million dollars worth of currency and to crypto currency well the only way to do that really is to go o.t.c. and so you called an o.t.c. broker and they give you a quote they give you a spread they charge a fee five percent for forty million dollars transaction that's astronomical you call up another broker and they called you a

retail space the rise in these companies stock prices have been compared to krypto currency and the.comvery low and not all of these companies... why are the profits low? we assume they are making money hand overfist? the profits low? we assume they are making money hand over fist? there isa making money hand over fist? there is a lot round the marketing, advertising, legislation, lots of question marks, i also think overtime, the stories understandable, the numbers are big but what is underlying, underpinning the businesses? i am reading the article here, clearly there is is a big business case for it and what canada is keen to make sure they do is do it in the right way, and they control it. a lot of people getting in touch with us, eric says that, it does less damage than alcohol and tobacco so tax it and take the money out of the hands of criminal gangs, he has a point. it makes sense, there is a consumer story round products, creams energy drinks and meed sip natural stories about treats diseases from epilepsy to other conditions, so, yes, it makes sense to legalise and control it.

might and let me ask you this you and i were speaking earlier not just about what's going on here own krypto in boston but about the other coast of san francisco there's an event going on there this has to do a little bit with what we talked about not too long. go on the program give us more on the yes so my partner is over at the ripples well conference right now in san francisco where they just launched x. rabbit on october first for commercial use and now so now is why label available for all the banks and all the institutions to use they've been testing it with three test banks since may and they've been reporting savings of about two forty to seventy percent over the stuff network and transactions that have took two to three days now take two minutes so this is why when we spoke not long ago about how ripple it really shot up in value even overtaking easier is that still short of the mix do you think that that's going to continue that we we might see ripple actually sure past sort of longer term. i think right now it's more practical to use ripple ripples utility function has finally ki

if there was hard money and you have individuals so why do you think krypto isn't hard i'm just a little confused by why don't i think at the top money what is hard money in your definition of hard money is this the opposite of feel money money no intrinsic value it's paper money great money is like i told that has a great exchange value ok now we're following our money god and so central banks are the purveyors of fear i mean all of these languages this is why we need more people in politics and media in crypto because words really matter like hard money this is actually i mean i have been in crypto as long as you but i would say that's not a term i actually hear that often and i don't know that that's going to what does that connote but anyway to end. the transfer of value without appreciation right problem with fear so any let's maybe just swing over toward into your wheel house just make you suggested that crypto could benefit from having some lobbyists and taking on this industry in what you succeeded with j. street. tryptamines a political edge yes that's that's that's to seem to m

quite friendly the tax treatment quite friendly but there are other churches competing to be you know krypto switzerland so to speak i think malta making a big move can you give us an update on that what's happening puerto rico and globally where is the sweet spot if you will jurisdictionally for them there is sort of a competition going on now to see who can be the friend list of smaller nations typically that want the business and then obviously there's places like india and china. are saying no we don't want anything crypto because we don't understand that we think it's just drugs and terrorism i think you know look china still doesn't have a facebook and google legal so they're not a good model to say what the future is going to be we held the quote agenda europe this summer our second one in baltimore we had the prime minister come in deliver the opening keno so that was a pretty strong statement to have a prime minister of a of a you know of a nation to come in and go to a crypto investor conference and put reiko the government as they saw warming warming to this presence of the crypto

tells us about her new novel and compelling krypto initiative as we go to break here all the numbers at the closing bell a bad day on the big board for south africa as gold which we just discussed closed down for the day back into play. this is crude oil. so they need to actually physically pump it out of the ground you would have well well well well. there's a lot of money with your oil and with that comes. a lot of a lot of people from all over the country. if you don't make a hundred thousand dollars a year. there's an issue. here in the. they were all sixty dollars a day hard work well work it's not easy work and so they want to relieve their stress of how do they relieve their stress these men moved back out like he's men that comfort these men that. people of the. murdered up here people are going to raise their massive drug issues up here you have a boom you have everything else that comes along with money. you know world is a big part of. it and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be