Now they have financed raid alyea says he might be missing something about bitcoin. This is the learning curve of decline. People dismiss it, and then they notice the people around them getting rich. Like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at because i like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crumbling fia money and boring gold that cant keep up. Hes got no choice, hes got no choice but to buy bitcoin. So now hes, hes about to make a big purchase. I saw some blocks trading today, probably is right. Dahlia bridgewaters worth hundreds of billions of dollars. Im sure hell put at least 5 percent of the fund into big quiet just to stay competitive with his peers. You said that back in june or so july when Paul Tudor Jones 1st announced that he had gone into bitcoin and you said as an alpha guy that all the other hedge funds would have to follow him. So he got in back in march, april the 2nd quarter of this year then followed Stan Druckenmiller and even probably about equal size hedge fund to Paul Tudor Jones. Legendary, as well as the last hedge fund standing by, of course, hes going to have to answer to his clients who are going to say, why should i put my money out of bridgewater, and give it to Paul Tudor Jones or stan, talking miller, who are long bitcoin and seem to understand this new internet money plus raise havent horrible year is like down 18 percent or so. So hes clearly doing something wrong. He needs to get with the program. Well this program kais report educated somebody else that is ricardo plea a go. Hes the 3rd richest man in mexico. He owns azteca t. V. We courted some reports at their studio and that was in 2015. You spoke to him, you told them to buy bitcoin. He now admits that he started to buy bit quaint, soon after in 2016. And heres his tweet, this is the twitter translation of a spanish today. I recommend the standard this book is the best and most important to understand bit quaint decline protects the citizen from government. Expropriation, many people ask me if i have because yes i have 10 percent of my liquid portfolio invested in it. His net worth is somewhere between 12. 00 and 18000000000. 00. Hes saying his liquid portfolio, which is probably a lot less than that. So hes put 10 percent of his portfolio in there and the rest, the other 90 percent. He says he hasnt gold and silver miners, all the dominoes are falling for now we. Weve pitched ricardo on because i actually when we visited with his dad hugo in 2012, when we were traveling down to athens in greece to try to get the country to get out of their financial problems using a silver standard. I was adamantly pitching hugo about because i mentioned it to his dad. We mentioned to his dad again and 2015 when we did the interview. And he mentioned the big point, standard safety of a most is book. And of course we were the ones who told safety and most about because right there, you know, we pushed them out because we knew it was in the 100. 00 or so. And initially like ray deleo, he scoffed at it like even Michael Saylor micro strategy. Initially they scoff at it, but then they take, you take a close look at it and then safety and went on to write this now call assoc Standard Book that is really changing the world. You got Ricardo Salinas price, which is who is now heavy into big ricardo, selling us a go in mexico. They go by their dads last name for us to go. He says moms last name as that is silliness, price. Everyone should just change the name to pick on x. Bitcoin, their wealth. Ricardo, but coins with bitcoin everywhere. Right. And of course we told safety about bitcoin in 2011. He was a gold guy, austrian economics. We knew he would get it eventually. You need got it quite soon after that. We also talked to sean ono lennon in 2011 about bitcoin and when he came to visit us in paris and we have an interview with him tomorrow, an hour and a half long interview on orange hell pod cast. So make sure you go check that out because he was orange held long ago before re dally. Oh, before Paul Tudor Jones, before stan talked in miller. So again, this is something that weve pointed out many times that because it is unique in that so many because report goes so over 100 countries and as dubbed into spanish, we have people all over the world who was, were able to get into big point to start stacking sat back when it was a dollar 3 dollars, 10 dollars, 100 dollars, 1000 dollars. And now you know, these Hedge Fund Guys are buying 8800000 joeys of dahlan josh brown. Weve sold them under 100. 00. You know, were saying look, i get into this and wiesenthal was very dismissive of it. Just brown didnt want to be bothered with it under 100. 00. And john to jerry and he told ron 100. 00 or 200. 00 a big point. He eventually did get it a few years ago, so hes got the mental agility. You know, its a litmus test. If you have intelligence and mental agility, you overcome your resistance a bit. Going to become a bit cleaner. If you dont, if youre stuck in your mire and youre just not right, like a peter schiff, for example, youre never going to get it. Its just us just a darwinian fact of it. So remember it. Ricardo salinas play a go. He said that protects the citizen from government expropriation. So this is kind of what he means here. The latest data show that m one money supply in the u. S. Has increased by a staggering 42 point one percent compared to 12 months ago. Looking parabolic, looking exponential, kind of like the pandemic. You know, this election in america that we just had, i said very publicly, that if the democrats went, you could have a return of the 2008 period. And the 2008 period was massive fraud on an epic scale in the American Financial system, money printing, and were going to see higher taxes. So the fact that because it is on confiscated ball and it is impossible to print, you know, counterfeit, that i said wed have a sharp rise of mediately and sense the election because on a tear. So i was absolutely correct. And this is, situation is only going to become exacerbated as news from washington leaks out about higher taxes and more expropriation of peoples wealth and more inflation. Because 100000. 00 prediction we made in 2011 when it was still a dollar is going to happen a lot sooner than people really kind of even imagine. Speaking of the 20082009 period, thats when obama, the hope and change guy came in. And what did he do . He said, we have to look forward not backward and remember that because he is out with a new book. His autobiography, he says, in the book they, you know, all these leftists were trying to get him to, you know, charge some of these bankers for collapsing the global economy. But he basically says that that would have cost societal collapse if we disappeared these bankers. But because doing and you see no societal collapse, do you see these bankers having to behave like ray dahlia, cant enter, pick one without behaving. Paul tudor jones had to behave to enter big claim. You cant just come in cheap the market and that takes me to another story that kaiser before it got right, max kaiser, alone amongst all commentators on this. And that is the hash war that you saw coming. So there is this, you know, neukom toller of the currency. Ryan brooks watch this, the very 1st internet of money, which was the watch in about 10 years ago is now essentially owned by china. So as a country we now face a geo strategic competitiveness issue, which is do we in the United States want to own internet 2. 0 in the same way that we own internet one point, oh, i Start Talking about this 2 years ago. Ive been talking on kaiser report many, many times because game theory will jump to the sovereign level and you have global hash wars. Countries will need to strategically geo politically get into because, and this is whats happening in the United States right now. Its that sputnik moment, you know, its internet 2. 00, but its also sputnik to point out. Remember, soviet union put up sputnik america, entered the space race. Now with irans got almost 4 percent of the hash array, there is a lot of mining in china, but it gets it wrong by saying that chinas got a certain percentage of the mining capacity. Therefore it has a dominant position, a big point. He doesnt yet understand that miners dont control because the nodes do we learn that 2017, that knows control because not mine are so that hes not, he doesnt yet understand that, but he is correct that there is our geo political race to grab as much because as you possibly can, which of course increases the hash rate increases, the security increases the price, so 100000. 00 and then it competes with gold at 500000. 00 and then it competes with all global forex at several trillion. But he says a sig, geo strategic competitive issue. And this is important is that its competitive that the u. S. Cant just dominate because we created the internet. We dominated the internet just like rape. Just like Paul Tudor Jones, just like stan talk in miller, the United States has to compete. They have to compete with all of these nations, whether theyre, you know, with bitcoin, it usually attracts the bad guys 1st, you know, in the individual level it was the porn providers. It was drug, you know, online drug dealers and stuff like that. That 1st came into big claim back in 20102011 because they were not able to access the Financial System. At this time, youre seeing all the countries that are sanctioned by the United States of venezuela. Iran, chinas getting into bitcoin as a geo strategic level, not just the individual citizen miners, their nation state. So youre going to see those nations go 1st and its going to, you know, the u. S. Comptroller of the currency is going to say, these are the bad guys. We have to control it right again, right down a completely wrong dahlia saying, well, what if somebody like america band . And ive always said no, its actually the other, the opposite argument that countries like america will need to competitively jump in and try to own as much big going as possible. So once again, ray is wrong on that point. Hopefully ill educated soften. Hell start buying aggressively for i feel bad for his clients are losing our lets look at this bloomberg thing because lets compare it to gold and how the u. S. Is now positioning itself strategically with bitcoin because it is becoming the new gold as a hedge against risks and clued in a drop in the dollar. So if this guy, you know, the u. S. Comptroller of the currency is saying we have to start hashing. Basically we have to start mining bitcoin in america. Its the same thing as like so much gold. You know, the United States theoretically owns 8000. 00 tons of gold, but they own several 1000 tons of gold, of other nations. Theyre securing the gold network that, you know, the United States sees itself as securing the gold supply for the Global Financial grid. Now a new Money Monetary system has come along and theyre saying, hey, we need to also secure this is that we need to be in charge of securing this network as well. But it cant bomb your way in to because its a pharmacy you have to peacefully just acquire it and dont be such a loud mouth and belligerent bomb throwing nincompoop as a bend. American Foreign Policy for decades later cant do that with bitcoin. Thats the thing thats going to be great about this because you cant just seize anybodys bitcoin without like having them physically. Exactly. But policies of america, you know, we go into these countries, we take their oil through force, we take their gold through force, but you cannot sees because through force its on confiscated, all american policymakers. But also i want to say, you know, before we go, i want to say the u. S. Dollar because weve had 0 percent Interest Rates and the fed keeping Interest Rates at 0. Weve had this like bizarre situation of fracking, which is never made money blows through money. And players all this national gas off, its a total waste of money. This is more of a strategic this makes more sense rather than fracking to just start mining instead with your free money. So i voted for stacy for president. I will repeal that. They are going to take a break and when we come back much more coming your way was always on the bull, but im pleased to show big city bright lights. You jump, but you know, g. s and many dangers blatantly to its also a city where up to 300000. 00 crimes are committed every year for the last with an infinite loop in your mosque, its filled to the reserve least one Police Officer for every 200. 00 residents in russias capital cost on the english truth that will not go with the coming up boysen along for the good of the people all the way until last is youll be via reflection of reality in a world transformed what will make you feel safe. Isolation, whole community in a world corrupted. You need to descend to join us in the depths. In the shallowness. Welcome back to the cast a part time now to go to the want to know only that. George galloway host of sputnik on our team and mother of all time. Hes a former m. P. Running once again. George is this true, youre running again. I just cant stop running. Theres a byelection not yet been called, but the disgraced m. P. Will shortly be receiving har. Darst to march and she will face whats called a recall petition. I think you have them in the United States. In fact, you had them before we had them. She admits to a series of super spreading events, including indeed chamber of the house of commons, where she risked killing the entire government with one sneeze, with a positive coronavirus test in her handbag soars. Shes not long for the westminster well done. I like by elections as you know, max, im quite good at them. So yes, it probably will be. 3 live in the year and i cant wait to get in about them, but is the government and the opposition . Where is this going to happen . What constituent say is going to be graced with galloway . Its in the lanarkshire area of scotland show less than an hour from where i live. Its called brother glenn and how milton west is going to be a very famous by election. And you will already have spotted the i only go for constituencies that could be the names of american mountainy idols. From the, the 1950 s. Youll remember brad wests broadford west. Youll remember the beautiful york stone arch of which it was built. Well no, im going to be there and b. For how moved on west im waiting for you to run for the Marilyn Monroe constituent, say somewhere in suppose near cardiff, who would be fantastic, but seriously, george, youre going to be up there in scotland and of course that opens up a lot of questions about whats going on in scotland. I guess the 1st question would be, what are you, what are you going to make scotland great again, thats my question. Well, we need to make sure that scotland remains a part of this small English Speaking island that we all inhabit for better or worse. Where we have lived does one country for well over 300 years. And im not a fan as you, nor of secession. Whether its in the balkans or, or in the former soviet union or in china or anywhere else or in america for that not to be dead against the secession of california from the union. So thats the 1st task and begins next may with the Scottish Parliament elections where we have got to unite all the people that want to keep britain together and keep the s. N. P. The separatist partition party out of office. And were very confident that were going to do that. Making britain great again, will not be done under doris johnson. That is for sure, the man is ever more threadbare, constantly reinventing himself, going off on his hair brained schemes. Now hes off. On a green card. He is going to in 9 years from now, just 9 years, make diesel and petrol cars illegal when we have absolutely no infrastructure to charge electric cars and electric cars are about 3 times the price that the average person in britain can afford. d this is his latest tweet, us, of course its own look over there. Its to divert peoples attention from the many and deep political and economic problems that britain now has imagined that if i keep britain together and youre against assassin, now whats going on in the world today is something fanaa. All that united been talking about now probably for 15 years. Weve been friends, weve been talking about what im about to talk about here for 10 years. And that is something called bitcoin. And the reason i bring it up is that the u. S. Comptroller of the currency says that the u. S. Needs to get a big coin plan because he recognizes that countries around the world now are crighton fee out money like the english pound or the u. S. Dollar or even the euro, because theyre trying to pay all of their sayings by printing money. Now in great britain, now the debt is skyrocketing, the money printers are being running at full time. And so a lot of countries that are turning to a bit, bitcoin iran, interestingly enough, as almost 4 percent of all of the Bitcoin Mining in the world. That as well isnt a bit going back to kazakstan, just put almost a 1000000000. 00 into big going when you were in the race for mayor. Not too long ago, we developed something called the mayors coin, which was a project to try to put governance on a block chain. So weve been talking about this for a number of years, george. I know the people in scotland who watch our show on your show. We got, i mean, typically when it was under onder dollars they, theyre aware of it. Our eyes are anything Going Forward on this in this direction. George galloway, this is our prophet. No. On our, in his native land, but thats not going to be true of you much as you well, the profit of this no supersonic development of big corn which has taken off. Im very glad to say you got me into it. A very, very low price. And i did it only because i was following your prophecy and your prophecies and youre not even an old munya, have no being vindicated. The whole world is now talking about which only you understood back then, at least in my circle, ive never met anyone who knew anything about what you were talking about with the big corn and block chain and all the rest of it. But my goodness, i have seen the future and that works. And the countries that you dont break today are, i have one thing in common. Of course, they are all hunted by the United States empire, which seeks to close them down cotton gin them overthrow their governments regime change them, refashion them in the wonderful model, the american model which looks so as we view it today. But the day will come when other countries and thats coming yet other countries that are not as it were, are International Outlaws or us imposed outlaws because it just makes sense. And it makes sense to me because you spoke about it so much for so long. But in an era where money is, funnily discredit, in fact, you couldnt count, i couldnt count the quantitative easing that britain has already undergone. They used to say, wheres the magic money tree . Well, we now know its in threadneedle street in the city of london, underneath the bank of england. You know, weve had this conversation for a while because politically, we see eye to eye on many things. But we also have some difference of opinions. And now i would definitely put you from our full left wing camp. I would put myself more in a right wing camp, but nevertheless, theres a tremendous crossover as we see it. And when it comes to money itself, it now this is an issue that seems to satisfy both the left and the right. Because if you have south and money, and remember there were times in history when governments would be on the gold standard. And this would be a way to have some economy in the economy without the ability to just print your way out of problems constantly. And so my guess my question is, is this sound money . And bitcoin is this, an area that overlaps both the left and the right can. They come together and both express their political views. But on top of a framework that is sound money and bitcoin is harder than gold. Its the soundest money of the ma. Its out of possibility, george 1st of all left and right are now fairly meaningless concepts. The term left has become utterly confused with the term liberal. In fact, the liberals think the of the left and myself culturally socially conservative, but economically radical. And you definitely are economically radical, though you would not call yourself of the left. Im in favor of whats right, whether its left or right. And with dont jumping, doesnt matter whether the cut is black or white as long as it catches mice. And does use a bit coin, could hardly be sound. It is the soundest of sound money promises and then an era where, in fact weve got a chance there is a Central Banks printing money like drunken sailors. They dont even know how much theyre printing. No good can come of the web on to come a cropper. So theres going to be a correction, whether a new Bretton Woods or some kind of break up of the worlds Financial System with china and russia and iran tops india, brazil, maybe the brics countries plus having their own Financial Systems which avoid the dollar avoid the pound and avoid the drunken sailors of the printing presses. Yeah, i totally agree. Thats why i think when youre talking about, lets you know, keep the britain unified and voice a session. My point is, if the game is over, all these countries are going to fragment out anyway, and theyre all going to go on a big quite standard. Youre going to be up in scotland. Im a surprise she took you so long to get back up to scotland. Youre a frickin scot. Your name is galloway. You should be an m. P. In scotland from the beginning. Why hang out in westminster without us, you know, spends in london cockneys. Thats no good place for George Galloway. Now let me ask you this as i am the defacto head of the maxwell clan, the maxwell clan, of course, as the camelot consul. But there is no formal appointment of me as head of the maxwell clan, us and p a n scotland. How do i reclaim the chieftain of the maxwell clan . My tartan, my people, how do i do that . There is no cut in chief of the galloway clan, so im going to claim the title. And heres how you do it. And once ive done it, you must do it to you find a hill in your, your clown area. You stand on the hill, you invite by want of mouth bonfires on all the mountain chains. You do it nowadays on georgia and so on. You invite every moksha well in the world to come and hear you proclaim yourself the chief and hear any objections or on the proposals. And i see the day, god willing, if we, if we continue to draw breath, i see the day when youll be in your castle, ill be in my, well both be clan chiefs and thanks to your big gone, well, all have enough to live on revver asco, which is the theme of my clan. We will rise again. George galloway, thanks so much for being on kaiser report. Always a pleasure. Right. Thats going to do it for this edition of kaiser report with me. Max kaiser and stacey abbott. Want to thank our guest, George Galloway until next time by oh. During the vietnam war, u. S. Forces neighboring laos. It was a secret war. And for years, the American People did not know how much it is a country per capita, human history, millions of unexploded bombs still in danger. Lives in this Small Agricultural country, jordyn wieber. Even today, kids in los full victim to bombs dropped decades ago, is the u. S. Making amends for the tragedy in laos. Built to the people need in the too little and we know that there are attempts to cast doubt on the karabakh agreements. We will strongly resist such attempts and concentrate on fulfilling the agreements. Russias foreign minister visits on meeting at azerbaijan, meets the 2 countrys leaders in a bid to promote peace. Brits predecessor brought in central powers search for a security bill criminalizing the filming of French Police offices. Opponents of quoting at a violation of human rights on press freedom a little suit by us republicans claims democrats encouraged native americans in nevada to vote to exchange for gift cards. Bowing to