According to the articles we dont know how much of it is true but he is willing to give him six billion dollars but he wants to actually still be at least the figurehead of his Company Kingdom holdings that well you know heres a guy whos being threatened with torture being tortured threatened with beheading over there in riyadh at the luxury hotel. And you know. You get towels nice scented soap and a threat of a beheading they will check into the ritz and then you know its a special kind of hotel over there five star six star no stars youre dead but you know heres a story that doesnt get coverage in the u. S. Because after all saudi arabia is the princess kingdom of the kind and beautiful of ever benevolent meritocratic saudis who bestow their kindness upon milk and honey on the world not to be confused with the iranians who have never been violently involved in the altercation and decades and weve overthrown by americans in the fiftys but you know there are the bad folks the saudis are good theyre benevolent they behead people with what the purpose they do it in a way thats cruelty free even would approve of the way the saudis are going to be had well you know the thing is that the thing thats so surreal about it is that twenty seventeen was definitely the year of fake news and what Mainstream Media determined was fake news and yet you see headlines on the likes of newsweek or Washington Post or New York Times specially the New York Times talking about this reformist Prince Mohammed bin solomon and that hes like this were great reformist hes quite handsome so he must be reformers he looks great hes a reformist and yeah ok so you have to torture a few people to get their billions and a lot of the billionaires have transferred their holdings to mohamed bin solomon in the name of reform and this is supposed to be in. Name of reform in the name reform they keep on calling reformist and yet dont even mention the fact that like when he bought this dividend she for four hundred fifty Million Dollars or he bought. You know mansion in the south of france for Something Like three hundred Million Dollars. Almost as soon as these guys transferred money to him he bought these mansions in the south of france of power corrupts and absolute power corrupts absolutely and they fell of the mention over their heads up saudi arabia these days is as corrupt as the day is long and hes just stealing money from folks and with us right to be heading but america is like thats reform meanwhile ok over in iran there actually are in the process of reform but that somehow evil and oh oh oh yeah and oh russia is bad were not sure why there is a hoax going around the Rachel Maddow just over but that can happen any longer so days we love them also in this new year whats to look forward to is a wheel a state. Not a real estate boom well its partly its actually tied to the real estate and away so in california which is the most one of the most liberal i would say most democrat that you could think of and all progressive and right thinking like where were. Follow us like where the resistance were so smart and we have all the smartest people here in Silicon Valley and jeff bezos and Mark Zuckerberg feel well maybe not jeff bezos but certainly Mark Zuckerberg talks about how he cares about all the people and stuff like that well did you know that california is also has the highest rate of poverty in cross the whole us if you add in the cost of living to what the incomes are you know many measures will say oh its like mississippi or alabama those are the poorest people because the average income is like fifteen thousand dollars but then the costs there of a trailer is like twenty bucks a month sort of thing in california however real estate prices and rent prices have been soaring soaring soaring and its complicated a lot to do with regulation so. Theres a wheel estate because people are moving into their cars. Upper middle class people actually a lot of people they say who work in Silicon Valley are living in r. V. s are cars and now theres a. Sort of a sort of new market like all these commercial space their parking lots are empty overnight theyre now starting to like lease out this sort of space to people who park their cars have a safe space there was really this film the it was a classic from a few years back called they shoot horses dont think its about the depression and people that are dance ons and dance themselves to death and the irony of the title is you know they shoot horses right i mean they should do people should be euthanized as just we shot because its just too miserable so theyre in San Francisco if you mention these guys who are Big Technology companies and platforms those used to be considered utilities its a utility we were under right as a society whether its electricity water you know access to the internet but those from privatizing to taken over by kleptocrats and now were paying through the nose to give them billions hundreds of billions of dollars meanwhile People Living in their cars and eating dog food and i think the title of the film is appropriate they shoot horses dont they just shoot these people because theyre urinating difficulty all over the place and we dont need all that mess in fact its close to that if the opening paragraph of those article of more californians living in cars well estate boom is coming the cost of housing is so outrageous in california that stories that might once have seemed preposterous now seem completely unsurprising case in point in a scene straight out of a dystopian movie about a ravaged future earth Homeless People set up an encampment at a toxic superfund Industrial Site and oxnard saying they had nowhere else to go yes theyre being driven out of places like skid row in Downtown Los Angeles or you know other more Populated Areas residential Populated Areas. Nimbys are middle class nobody wants Homeless People outside in their parks or local parks or whatever so that first they were driven into the river along the river and los angeles and now theyre being driven out. From there to places like the superfund sites the Homeless People without even a car these are the people who dont even have the luxury of a car to sleep these are the People Living in cardboard boxes so they set up camp on top of us a toxic waste dump seen images and video of People Living in some cities some mega cities and in the east the far east who are live on train tracks and a lot of people lose their limbs and their arms and their legs so this is happening in america now is just a Dystopian Nightmare thats cooked up by max kaiser no you preface this by saying its a Dystopian Nightmare im not the one bringing up the dystopian stuff you are as i was there not the Dystopian Nightmare but im going to be accused of being a dystopian you know goblin or something just because im commenting on the story that youre bringing up im not the dystopian dystopias tear im not gone just commenting on the dystopian ism ok first of all second of all i meant this point you know. Russia said that theyre opening up siberia to anybody who wants to move to siberia you get great farmland there its beautiful country theres bears theres elk theres Natural Resources theres fresh water just move to siberia forget america its done certainly warmer there than and here i was never just go as mark twain said hes never had a colder day than a summer in San Francisco and i paraphrase of course now speaking of Dystopian Nightmares here is a dystopian algorithm this is zillow you know which is an app here a website here in america that tells you basically house prices will tell you what the net worth of a house is or was a low accurately predicted Homeless Count in seventeen of twenty five match owes based on how fast rents rose so low analysis published earlier this year examined the relationship between rising rents and homeless populations accurately predicted the recently released twenty seventeen point in time counts with the median absolute. Percent error of eight point three percent so the two areas they predicted accurately of how the increase of homelessness what rise was in Sacramento Los angeles based on the rising rents and how fast they were rising and in fact the opposite is true as well in houston rents declined by it was Something Like eight percent and homelessness also declined by the similar amount so theres a direct relationship but you can tune in to zillow and find out how bad the homeless situation are how likely you are to become homeless in the next year thank you frances stick idea to zillow if you want to track almost sort america in real time or this just dont be a nightmare will bring us and how to make littles of money stay tuned for the second a whole lot for again more coming your way so dont go away. In two thousand and sixteen the Panama Papers show the world with a tax haven the secrets two trillion United States dollars pass through most often say cut in the amount of time that we did then in the Panama Papers exposure thats what it shows a lot of money it really is. Journalism its a fact of journalism looking at things that people want to keep secret and asking why would they want to keep these things secret. Millions of most psych fonseca documents were examined. All the people which basically have tried to get an advantage out of this thought it was his paper. And probably other politician which was the other politicians the media would point to find their targets such as the kings of morocco and saudi arabia the president of argentina several prime ministers. And russian president Vladimir Putin of course. Oh my god ive had so i have sued so many newspapers for defamation some things dont just happen by chance it was very striking there were no more americans to go especially a lot of people from the brics countries specially brazil russia and china that this special project reveals what was missed in the media coverage. The panama chronicles. Everybody im steve involved in the task hollywood guy usual suspects every proud american first of all im just george bush and r. V. s to say this is my buddy max famous financial guru just a little bit different ive noticed you can find the owner with no doubt with all the drama happening in our country im shooting the brood have some fun every day. Americans Global Warming closely start to bridge the gap this is the Great American pill which. Costs. Welcome back to the kaiser report imax keyser time now to turn to entrepreneur pioneer innovator the Nelson Mandela of Bitcoin Charlie shroom and reilly welcome back its good to be here as usual fantastic to have you back on you know were just starting twenty eighteen but lets look back to the twenty seventeen period it was i guess what some might call that netscape moment in the history of bitcoin remember back in the dot com days in one nine hundred ninety six the internet exploded with the browser netscape went public there was that s. Curve the Adoption Rate the hockey stick moment is that a Fair Assessment of what happened in twenty six seventeen i was only seven years old in the moment you just described but i read about it and i studied it but i think were not there yet i think cryptocurrency still has a long ways to go before we really hit that mass adoption right now a lot of people are just speculating and really not understanding it fully its utilities and its really value add propositions are not there yet but were definitely like in like the move upwards but were definitely not a hockey stick yet were at the point where its a kind of turns up where its all we have a ways to go up all right lets review some of the highlights and get your take on it. Some of the means some of the talking points if you well there was the emergence of the store of value versus medium of exchange debate and this is actually something thats new in the history of bitcoin because remember in the first few years starting i got involved twenty eleven it was always considered digital cash means of exchange this idea of a store of value was always in the back burner but in twenty seventeen it exploded on the scene and drove the price appreciation where do you were do you come down on this for any any cryptocurrency set to succeed it needs to be both and its to be a medium of exchange and needs to be a store of value and basic economics will tell you that without one you cant have the other big coin is trying to do. I walk on that fine line where it remains a store of value and it also remains a Payment System and the only way to remain the store of value and Payment System is that by having an extremely secure chain a censorship resistant chain where no one no government no corporation can freeze anyones money can reverse anyones funds and you need to be super secure and pick one and still doing that yes the fees have gone higher but the price of big when its going higher to. A lot of these other ones like be cash and ripple an accent or a theyre not really blocked chains because theyre not censorship resistant there are very few that are in control of it for example. There are a few people that are in control of b. Cash if you broke into his house and you stole all of his b. Cash he would figure out a way that few people would figure out a way to reverse the b. Cash chain and take all his money back its not actually censorship resistant its not actually a change where no one can reverse it no one can freeze it if they cant do that and theres no point of actually having a block chain i always joke whats the difference between be cash ripple and others and a Google Spreadsheet the same thing all right lets talk about be cash or because in cash for a second of course this has to bring up the name of roger there and you know rogers a friend of ours you know i met you and roger for the first time in new york city i think was twenty thirteen or so he took some photos down in silicon alley in new york city and hes an investor in your your First Company and hes a pillar of the Community One might say hes a character hes hands which community were talking about but so what why what exactly happened there because first of all my take on it was that using bitcoin in this all calling is tenets of mont to. You know not not a copyright issue but a plagiarism issue and that seems like dirty pool yeah i guess i guess the way i look at like just starting with the name of. Right be cash versus big cash i understand everyone has the right to name whatever they want whatever name they want but in essence what wont be cash did was a big cash was they took the name of a brand that they dont support anymore and then kind of counterfeit it and created their version of it or what some people would say is a knockoff ok so a lot of controversy about the in c. And b. C. You know they got into the crypto space just in twenty seventeen and they started reporting on bitcoin cash without taking any consideration whatsoever of these what would be you know minor little difference in business points that they are supposed to be aware of charlie so its like if i have an apple product and i think i want to you know copy all of apples products just change a little bit change the color or change you know the size of an i phone but every other part im going to copy exactly the same thing but i dont support output anymore im going start a whole new company im going to call it apple plus you cant do that because copyright laws forget about that for a second but thats lets lay in like you laugh at that the price is to be clear the big going to name is not covered under a copyright you know because its in the Public Domain or a source and there is no corporation behind it but as far as ethics go this seems like a clear violation of Business Ethics and from the community that is a spouse thing that they understand the vision of the toshi and that they have moral high ground here and yet its undermined by their actions in a very simple way and so yes or no bitcoin cash is less or more secure than bitcoins extremely less secure its extremely secure there are very few people that control more than fifty percent of all they actually power and that is extremely extremely insecure its an attack on because in other words theyre stealing ashing power i want to stealing ash in power because anyone can choose which blocks what theyre hashing power on to one of the end of the day. But its not the game in other words you confuse the market and end up with National Power by illicit means. One could definitely make that case and is that going to be a problem Going Forward in twenty eighteen i think. Be counts for us is big argument and debate is not going away any time soon all right lets change subjects a little bit here so the big Crypto Mark