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Welcome back to crossfire where all Things Considered im peter remind you were discussing bitcoin. Here let me go back to you in cambridge while it is a fascinating concept these cryptocurrency if there is the concern of accountability Illegal Drugs arms and other kinds of illegal activity can stay under the radar of the authorities i mean i think thats a kind of a downside also you know when people talk about it is being a newfie out currency one day i mean you know people are buying big ticket...

Next in line to to start getting involved with regards to Law Enforcement question you know its a its a double edged sword for Law Enforcement because on the one hand you know you know these these currencies do enable privacy on dark web transactions but on the other hand Law Enforcement when they catch a criminal whos been using bitcoin and they get a hold of their Wallet Software they get effectively their books and they may have a good chance of recovering some of the funds and thats not some...

A big point its really just an investment its not really. A mechanism to buy and sell it is to park your money somewhere and leave it there because you dont trust the banks i mean it for it to be really universal you have to be able to be able to use your wallet as they call it and buy things and sell things its not that easy to do its not widely accepted you know many more innovative people do say they accept the go ahead midge. Its part of you know its part of a diversification strategy where ...

Probably not if we get a more bit a bit more stability into these markets youll see more investment but also from that risk reward perspective youve also got to keep in mind that this is a non regulated market thats the attractiveness from people but governments have overreach like were seeing in the media right now the deep state runs america theyre trying to rewrite history here with these statue wars and thats always a dangerous time so if too many people get on the bitcoin train and get on t...

Are vastly clogged right now and its very expensive to send and receive. Its going so hard so fast as almost become unusable just by itself for regular small transactions that. Are looking for things like oh yeah thats the reason why i never really got into it because its not easy to move around lease im not adept at doing those kind of things or you know mitch another the other people are saying that this whole thing with a big point its really just an investment its not really. A mechanism to ...

A wall so should people invest in alternative Asset Classes absolutely is a Leonardo Da Vinci painting were painting worth half a billion dollars is an apartment in midtown midtown manhattan worth six hundred Million Dollars i would argue no its not and i would agree we should prices from when i went to university have gone up two thousand percent yet where real wages since the one nine hundred eighty s. Are flat so how does that work out when i got out of school i could have bought a new better...

An attractive alternative to the current Global Banking system is bitcoin revolutionizing the world. Across talking bitcoin im joined by my guest mitch firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we crossed Garrick Heilman he is a Research Fellow at the university of cambridge right gentlemen crosstalk rules in effect that means he can jump in ...

And with a choice anecdote this is how you begin your memoir. You find yourself in the heat of the nevada desert desperately trying to communicate over a phone line, a phone booth. You remember phone booths . Are battling off a fire ants and you had just written a song for someone and you are having a hard time getting through to this individual or tell us the story. So, this was the morning after a gig we did at the greek theatre in los angeles and backstage at the Greek Theater was none other ...

The fate news fake news and i dunno how we address that. What i thought was interesting i did not have access to the saudis digest followed the mahon twitter. And i started reading that they treated in arabic at least three of them said i did not do that some deals did. So in another conversation the power of the internet and social media but it encourages people to be more aggressive but we but they try to convince me they did not treat that then to say if you didnt then answer the question. So...

His ideas into the democratic platform, but what impact will that have on the economy . Former white house economic adviser laura tyson who served under bill clinton will join us coming up. And one thing both the republicans and democrats seem to agree on this election is breaking up the big banks and bringing back that gla glass steagall law. We have somebody who says glass steagall is not to blame for the financial crisis. Lets start with apples big reveal on earnings coming up in about an hou...