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Transcripts For RT Keiser Report 20180202 : vimarsana.com
Transcripts For RT Keiser Report 20180202 : vimarsana.com
RT Keiser Report February 2, 2018
Prices then youll see all these processors come back stripe did say that theyre still going to be involved in the crypto currencies and theyre going to explore other cryptocurrency as including bitcoin once
Lightning Network
rolls out right now its being tested and the tests are going quite well and were going to interview the cofounder of
Lightning Network
which is a stark hopefully well interview her soon but regarding this means of
Exchange First
says store value yes the markets decided investors decided in twenty seventeen that. It would not be necessarily means of exchange at this moment its going to be a store of value back in two thousand and fourteen when stripe first started in twenty fourteen the
San Francisco
based firm became the first major
Payments Company
to support big claim payments at the time stripe hoped it would become a way for people in places with low
Credit Card Penetration
are prohibitively high. I credit card fees to do transactions online but it said the
Virtual Currency
was now better suited to being an asset than being a means of exchange so back in two thousand and fourteen when you know of course were covering it here in kaiser report. We use it as a means of
Exchange Many
people you know use it as a means of exchange you know people i phones with and i remember it being exciting that you could buy an i phone with ten between and then once the market decided actually its a store of value then it became a little bit frustrating that you had spent ten between on an i phone well the invention was not to create a store of value it was a store of value it was a corollary or a byproduct of creating a medium of exchange so to create that medium of exchange the big protocol inadvertently created a start value which then became the defacto primary reason people accumulated bitcoin now in the wake of this kind of transition or discussion about means of exchange or store value youve got other all coins of come around and theyre competing in the trying to get into that space to be a more perfect solution for means of exchange and other types of variations come about but the entire cryptocurrency market itself is still on track to eclipse the
Global Banking
oleg aapl e which is what we need what we want and i always say its a banks or a killer thats the primary use of bitcoin and cryptocurrency yeah and as our guest adela to force their heads had you know there is a hold on tourism going on for all of the coins even the ones that are supposed to be instant sound like dash the price goes up to over a thousand at the area where all the prices keep on going up which inspires the notion of holding a hold all as its called in the crypto currency field. Originally the original stackers the original holders are gold. The
Gold Investors
i know which is a kind of in news. To this to some degree would be steam and statement because youre constantly getting more steam when youre posting to the site your content and on days that aside might be getting less on days that its slow youre getting more so with statement youre dollar cost averaging steam by virtue of how they present content and pay content providers and they didnt set out to do that such a but thats the way its turned out and so steam looks like its going to be a way for people to accumulate crypt i want to dollar cost averaging just simply creating more content you know we spoke to some independent bloggers and bloggers at the miami because conference and they are really getting the sting before in the last ten seconds before we go i want to say that online gold sales soar four hundred percent as cryptocurrency funds the so there is a four fold increase of holders zero dollars stacking into gold so we got it to pick going to gold stay tuned for the second half a whole month or more. Join me every focused on the alex salmond sure and ill be speaking to us from the world of
Politics School
business im show business. Hey everybody im stephen bob
Taft Hollywood
guy you know suspect every proud american first of all im just
George Washington
and r. V. To say this is my buddy max famous financial guru where hes a little bit different im the one calling on you know when those up with all the drama happening in our country im shooting the road have fun meet everyday americans. And closely start to bridge the gap this is the
Great American
people. Heres what people have been saying about redacted the night its you know i was actually just full on awesome the only show i go out of my way to launch you know a lot of the really packed a punch at least yampa is the john oliver of hearty americans do the same we are apparently better than food that i see people you never heard of love redacted tonight my president of the world bank no hate but he doesnt write me seriously he sent us an email. Welcome back to the cause report im max keiser time now to turn to carry a plane nary one isnt out by neary financial harry welcome great to have you on finally for having me on my huge fan of the show you know weve been following your career for a while and youre one of the stalwarts in the business tell us whats your investment does your company make in companies or directly into crypto actually sobyanin
Financial One
of the larger and o. T. C. Firms we stablish back in two thousand and fourteen and our main focus is we facilitate large block trades for
High Net Worth
clients and institutions so if somebody wants to buy five or ten
Million Dollars
with a bit coin a theory and we help facilitate that we also have a long bias to cayman cayman not only fun but i am going to vancouver. And singapore so what kind of regulatory hurdles that you have to overcome to get to this stage of the business this phase well actually most of the areas that weve been working with are in the
United States
so we havent really had to deal with a lot of regulatory perceval but im our fund is kaman based so we have to stop the fall came along and when we had a u. S. Flag at the fall u. S. Fund and hows business grown in the last few years obviously its been its been booming i guess tell us the numbers with me going on. I mean we dont talk about specific numbers but i mean on any given day you know some on some of our busier days you know well clear anywhere between one hundred million and a transaction sometimes o. T. C. So
Trading Volume
even electronically from our trade is actually pretty high and right now its just the appetite of money thats actually coming in. The this is he almost every o. T. C. Brokerage is quite busy right now yeah how do you deal with the volatility is that an issue for you your market maker to keep inventory on hand and we love volatility i mean traders trade and were traders first so to kind of ask your questions were not really on the v. C. Side we doing the best in i. C. A. O. Is but the number one thing we look for is liquidity so yes for us trading volatility is. Best friend so we almost got you all right so lets talk twenty what are the themes emerging from your point of view what will we be saying i think what youre going to start seeing and restarting to see already is that a lot more of the sovereign wealth funds and even countries are going to start hedging by buying bitcoin an alternate crypto currency is not because they want to but they need to so theres already been channels of dialogue that weve been talking to some people about where they theyre actually looking at purchasing bitcoin to hedge against the deflation of the euro ok so this is really fascinating to me because it kind of anecdotally our instinctively ive been saying hey you know how these sovereign wealth funds are going to start nibbling at this
Central Banks
is going to start moving into this year uniquely position on the training desk dealing with i networked individuals and institutions and so youre saying from were seeing at the table that yes you believe that trend wall merging twenty eighteen sovereign wealth funds of saddam merging its already happening but people dont i mean our minimum trade sets half a billion us add them all the desks talk to all the desks so you start to see kind of whats going on and even in the news you know even from j. P. Morgan is actually apologizing for big points on a lot of the banks now starting to see that the
Wealth Management
departments we speak with a lot of
Companies Just
even on the consulting side on the banks and everybody is trying to understand sasa class because its the number one performing alternative asset class a forget about it for us were really bore on the speculative and the price trading side so for us having a good good healthy price of bitcoin and cryptocurrency is extremely important because its a barometer of the health of the industry just like while in gas if the price of oil isnt doing very well then the rest of the industry suffer so i think thats what youre starting to see right now is you you really cant ignore the price of big points almost at a trillion dollar market cap for all crypto currencies you know in a time just recently there was an idea that the banks and the
Central Banks
would figure out a way. Detail the big clean
Freight Train
and it seems now were at a time when that notion has expired and right the
Central Banks
and these large institutions of sovereign wealth funds are now capitulating to the fact that theyre going to have to get in the game and the game theory thats in parent in the protocol the way that the interest of all parties are balanced to create this competitive environment of the distributed network and if that jumps up to the state of the
Central Banks
will we see
Central Banks
trying to outcompete each other to get the biggest position in bitcoin i mean thats very interesting because if you look at gold historically what a lot of the larger g eight countries have done to you is theyll start accumulating massive positions and goal. Theres only twenty one million bitcoins so you can imagine its not even enough to call in for one person forever every person on the planet so. Youre going to start to see a lot more of the crypto currency so i think
Central Banks
right now are humans exploring the possibility ideas of tokenized their own. Does not yet fully explicit in other words a centralized point put out by a bank is really the antithesis of that point i dont think so because what youre just going to end up seeing is more use of wake up launching technology so any type of government entity. Becomes a fad of locked in and youre just validating the technology itself so it becomes a selffulfilling prophecy so i actually think twenty eight hundred twenty nine thousand to see monster moves up and down in the currency because so no real effective way to really hedge how are the new futures contracts going i mean typically that would be edging contract as they performing us such i think the issue with the futures contracts and we see weve seen this before is that bitcoins decentralized so the only reason that traditional derivatives and
Options Markets
work is because theyre priced out of one
Central Exchange
same with currencies you can actually hedge against yet hearsts but how do you hedge against something when. Theres five or ten percent spreads going to different markets even on a weekend so i think right now the only true futures market you really really see thats going to be affected as bit next and there because denominated futures because i think were going to be moving towards a world actually we already started thinking in bitcoin terms when we trade and not necessarily u. S. Dollar right something hyper a big point is nation mindset is that ousts eating into the daniel crowds and i believe got your name tracked this time and you know how its done this to toshi incentive this idea we had to hyper big money nation world of dominating things in that point yes youre seeing that an institution already doing it already and for us its going be exact opposite direction because when you talk about dealing its a toshiba you dont have a comma its much more difficult to figure what decimal places than it is because its good its the reverse because things are actually worth less relative to bitcoin but when youre talking about dollars you have inflation the price goes up so what country in your view conic gets it more. Than other countries like us or a country that seemingly understand its really going on in i think all the countries get it what happens right now is people always have a fear of the unknown its almost like the same thing that happened when the internet first came out it was kind of a novelty but you know first came out it was an all to win a social networks came out before they became a utility theres always a lot of pushback when you come and comes to initial technology but because crypto currency is the single biggest innovation to happen since the internet and possibly. The biggest financial innovation since black holes would be off the pricing model what not so i think. Its the same thing with labor but the taxi regulators. Youre going to start seeing a lot of pushback first but then youre just going to start accepting the fact that you cant ignore them dont parents youre watching now theres a big i. C. L. In the pipeline for the telegram to corporate i. C. A. O. What do. You mentioned you arent involved in ice yet tell us a little bit about this if youre covering it what do you see here is whats going on that is every bit a lot of interest on the telegram i assume were huge fans telegraph we use the product. Its one of those amazing teams and stories out there where theyve raised literally no
Venture Capital
its all self funded really really smart guys its going to be a blockbuster i mean were going to buy into it is this the beginning of a phase where corporations now going to be issuing their own blog chain and is that just a following of that or is it really going to this is the enterprises and when it is amazon going to come out with something as google as apple. And is it just chasing something that theyre not really clear whats going on or is this going as a something more here and something more because if you look at how much additional venture models actually
Work Companies
have to raise money through you know in a series a series b. What youre starting to see now is tokenized securities so if i right now all the tokens that use your utility tokens so
Companies Like
to tease your own polymath theyre tokenize and securities on the block chain and we invest in one of the earliest companies tokenize a secured copy cap so any kind of security is going to be under regulatory scrutiny so right now i think what youre going to start to see twenty thousand and twenty nineteen is a migration to the block chain so that people can actually raise securities on the watch and that are regulated by security so so big cap block change capital time out here says a fine now and twenty eight team started with a big sell off of our veterans of the space weve seen these before but newbies come in the last six months came in a twenty seven team heard about it and they jumped in with both feet and not one thousand nine hundred twenty thousand what we do here what would you say to folks in that in that in that kind of position theyre new to spanish and the other theyre seeing some some big selloff well how do you handle it i think. Let me let me tell everybody thats theyre getting into the space you know dont. Risk only what youre willing to do some bad amount and say take ten to twenty percent. Give a quick net worth and really kind of get comfortable with the space dont just bet everything because at the end of the day it is extremely volatile you know not too many people can stomach thirty percent drops in a single day you know weve been through it enough so that weve seen kind of how this market actually works. So that would be the best advice is just understand that this is an extremely volatile os and if youre going to be buying dont buy all that one scale into a position so if you have ten thousand dollars that you want to buy instead of buying all ten thousand dollars at once maybe buy a thousand dollars every week for like a few weeks so that it spreads up and spreads allah tossed averaging exactly right thats an old wall street track if you well you put in a set amount on a regular basis up its high on a buying last if its low you end up buying more and it takes the emotions yeah out of your actually one of the best strategies that we actually used from for myself was i bought a big coin every day three years so i put a little bit away every single day and did some days it was hard because youre like oh my god its so high that some days its so low so thats actually a good a good strategy is just even put a little bit away every single day the discipline just approach it that way and so this is how would you lot of talk about is it is is it a commodity is it a currency is it a duck billed platypus and some have called it home its actually its a hybrid. The best we did as i described cryptocurrency is a not just because it is that they have all the debt all the features of cash which is a cash commodity cash and a commodity and a currency because it has all the properties of cash but without the weight without the inflation and has all the properties of gold built up without the weight and the deflation its the perfect product and the perfect theres not a more perfect elegant product thats ever been created in history but larry and i were going to leave it right there on that note thanks so much being on cars and going for having me excellent and you all right well thats going to do it for this edition of the guys report with me max geyser and
Stacey Everett
i want to thank our special. Yes finally got him on air yeah a a binary financial if you want to reach us on twitter its kind of. Turkeys decision to invade
Northern Syria
has
Lightning Network<\/a> rolls out right now its being tested and the tests are going quite well and were going to interview the cofounder of
Lightning Network<\/a> which is a stark hopefully well interview her soon but regarding this means of
Exchange First<\/a> says store value yes the markets decided investors decided in twenty seventeen that. It would not be necessarily means of exchange at this moment its going to be a store of value back in two thousand and fourteen when stripe first started in twenty fourteen the
San Francisco<\/a> based firm became the first major
Payments Company<\/a> to support big claim payments at the time stripe hoped it would become a way for people in places with low
Credit Card Penetration<\/a> are prohibitively high. I credit card fees to do transactions online but it said the
Virtual Currency<\/a> was now better suited to being an asset than being a means of exchange so back in two thousand and fourteen when you know of course were covering it here in kaiser report. We use it as a means of
Exchange Many<\/a> people you know use it as a means of exchange you know people i phones with and i remember it being exciting that you could buy an i phone with ten between and then once the market decided actually its a store of value then it became a little bit frustrating that you had spent ten between on an i phone well the invention was not to create a store of value it was a store of value it was a corollary or a byproduct of creating a medium of exchange so to create that medium of exchange the big protocol inadvertently created a start value which then became the defacto primary reason people accumulated bitcoin now in the wake of this kind of transition or discussion about means of exchange or store value youve got other all coins of come around and theyre competing in the trying to get into that space to be a more perfect solution for means of exchange and other types of variations come about but the entire cryptocurrency market itself is still on track to eclipse the
Global Banking<\/a> oleg aapl e which is what we need what we want and i always say its a banks or a killer thats the primary use of bitcoin and cryptocurrency yeah and as our guest adela to force their heads had you know there is a hold on tourism going on for all of the coins even the ones that are supposed to be instant sound like dash the price goes up to over a thousand at the area where all the prices keep on going up which inspires the notion of holding a hold all as its called in the crypto currency field. Originally the original stackers the original holders are gold. The
Gold Investors<\/a> i know which is a kind of in news. To this to some degree would be steam and statement because youre constantly getting more steam when youre posting to the site your content and on days that aside might be getting less on days that its slow youre getting more so with statement youre dollar cost averaging steam by virtue of how they present content and pay content providers and they didnt set out to do that such a but thats the way its turned out and so steam looks like its going to be a way for people to accumulate crypt i want to dollar cost averaging just simply creating more content you know we spoke to some independent bloggers and bloggers at the miami because conference and they are really getting the sting before in the last ten seconds before we go i want to say that online gold sales soar four hundred percent as cryptocurrency funds the so there is a four fold increase of holders zero dollars stacking into gold so we got it to pick going to gold stay tuned for the second half a whole month or more. Join me every focused on the alex salmond sure and ill be speaking to us from the world of
Politics School<\/a> business im show business. Hey everybody im stephen bob
Taft Hollywood<\/a> guy you know suspect every proud american first of all im just
George Washington<\/a> and r. V. To say this is my buddy max famous financial guru where hes a little bit different im the one calling on you know when those up with all the drama happening in our country im shooting the road have fun meet everyday americans. And closely start to bridge the gap this is the
Great American<\/a> people. Heres what people have been saying about redacted the night its you know i was actually just full on awesome the only show i go out of my way to launch you know a lot of the really packed a punch at least yampa is the john oliver of hearty americans do the same we are apparently better than food that i see people you never heard of love redacted tonight my president of the world bank no hate but he doesnt write me seriously he sent us an email. Welcome back to the cause report im max keiser time now to turn to carry a plane nary one isnt out by neary financial harry welcome great to have you on finally for having me on my huge fan of the show you know weve been following your career for a while and youre one of the stalwarts in the business tell us whats your investment does your company make in companies or directly into crypto actually sobyanin
Financial One<\/a> of the larger and o. T. C. Firms we stablish back in two thousand and fourteen and our main focus is we facilitate large block trades for
High Net Worth<\/a> clients and institutions so if somebody wants to buy five or ten
Million Dollars<\/a> with a bit coin a theory and we help facilitate that we also have a long bias to cayman cayman not only fun but i am going to vancouver. And singapore so what kind of regulatory hurdles that you have to overcome to get to this stage of the business this phase well actually most of the areas that weve been working with are in the
United States<\/a> so we havent really had to deal with a lot of regulatory perceval but im our fund is kaman based so we have to stop the fall came along and when we had a u. S. Flag at the fall u. S. Fund and hows business grown in the last few years obviously its been its been booming i guess tell us the numbers with me going on. I mean we dont talk about specific numbers but i mean on any given day you know some on some of our busier days you know well clear anywhere between one hundred million and a transaction sometimes o. T. C. So
Trading Volume<\/a> even electronically from our trade is actually pretty high and right now its just the appetite of money thats actually coming in. The this is he almost every o. T. C. Brokerage is quite busy right now yeah how do you deal with the volatility is that an issue for you your market maker to keep inventory on hand and we love volatility i mean traders trade and were traders first so to kind of ask your questions were not really on the v. C. Side we doing the best in i. C. A. O. Is but the number one thing we look for is liquidity so yes for us trading volatility is. Best friend so we almost got you all right so lets talk twenty what are the themes emerging from your point of view what will we be saying i think what youre going to start seeing and restarting to see already is that a lot more of the sovereign wealth funds and even countries are going to start hedging by buying bitcoin an alternate crypto currency is not because they want to but they need to so theres already been channels of dialogue that weve been talking to some people about where they theyre actually looking at purchasing bitcoin to hedge against the deflation of the euro ok so this is really fascinating to me because it kind of anecdotally our instinctively ive been saying hey you know how these sovereign wealth funds are going to start nibbling at this
Central Banks<\/a> is going to start moving into this year uniquely position on the training desk dealing with i networked individuals and institutions and so youre saying from were seeing at the table that yes you believe that trend wall merging twenty eighteen sovereign wealth funds of saddam merging its already happening but people dont i mean our minimum trade sets half a billion us add them all the desks talk to all the desks so you start to see kind of whats going on and even in the news you know even from j. P. Morgan is actually apologizing for big points on a lot of the banks now starting to see that the
Wealth Management<\/a> departments we speak with a lot of
Companies Just<\/a> even on the consulting side on the banks and everybody is trying to understand sasa class because its the number one performing alternative asset class a forget about it for us were really bore on the speculative and the price trading side so for us having a good good healthy price of bitcoin and cryptocurrency is extremely important because its a barometer of the health of the industry just like while in gas if the price of oil isnt doing very well then the rest of the industry suffer so i think thats what youre starting to see right now is you you really cant ignore the price of big points almost at a trillion dollar market cap for all crypto currencies you know in a time just recently there was an idea that the banks and the
Central Banks<\/a> would figure out a way. Detail the big clean
Freight Train<\/a> and it seems now were at a time when that notion has expired and right the
Central Banks<\/a> and these large institutions of sovereign wealth funds are now capitulating to the fact that theyre going to have to get in the game and the game theory thats in parent in the protocol the way that the interest of all parties are balanced to create this competitive environment of the distributed network and if that jumps up to the state of the
Central Banks<\/a> will we see
Central Banks<\/a> trying to outcompete each other to get the biggest position in bitcoin i mean thats very interesting because if you look at gold historically what a lot of the larger g eight countries have done to you is theyll start accumulating massive positions and goal. Theres only twenty one million bitcoins so you can imagine its not even enough to call in for one person forever every person on the planet so. Youre going to start to see a lot more of the crypto currency so i think
Central Banks<\/a> right now are humans exploring the possibility ideas of tokenized their own. Does not yet fully explicit in other words a centralized point put out by a bank is really the antithesis of that point i dont think so because what youre just going to end up seeing is more use of wake up launching technology so any type of government entity. Becomes a fad of locked in and youre just validating the technology itself so it becomes a selffulfilling prophecy so i actually think twenty eight hundred twenty nine thousand to see monster moves up and down in the currency because so no real effective way to really hedge how are the new futures contracts going i mean typically that would be edging contract as they performing us such i think the issue with the futures contracts and we see weve seen this before is that bitcoins decentralized so the only reason that traditional derivatives and
Options Markets<\/a> work is because theyre priced out of one
Central Exchange<\/a> same with currencies you can actually hedge against yet hearsts but how do you hedge against something when. Theres five or ten percent spreads going to different markets even on a weekend so i think right now the only true futures market you really really see thats going to be affected as bit next and there because denominated futures because i think were going to be moving towards a world actually we already started thinking in bitcoin terms when we trade and not necessarily u. S. Dollar right something hyper a big point is nation mindset is that ousts eating into the daniel crowds and i believe got your name tracked this time and you know how its done this to toshi incentive this idea we had to hyper big money nation world of dominating things in that point yes youre seeing that an institution already doing it already and for us its going be exact opposite direction because when you talk about dealing its a toshiba you dont have a comma its much more difficult to figure what decimal places than it is because its good its the reverse because things are actually worth less relative to bitcoin but when youre talking about dollars you have inflation the price goes up so what country in your view conic gets it more. Than other countries like us or a country that seemingly understand its really going on in i think all the countries get it what happens right now is people always have a fear of the unknown its almost like the same thing that happened when the internet first came out it was kind of a novelty but you know first came out it was an all to win a social networks came out before they became a utility theres always a lot of pushback when you come and comes to initial technology but because crypto currency is the single biggest innovation to happen since the internet and possibly. The biggest financial innovation since black holes would be off the pricing model what not so i think. Its the same thing with labor but the taxi regulators. Youre going to start seeing a lot of pushback first but then youre just going to start accepting the fact that you cant ignore them dont parents youre watching now theres a big i. C. L. In the pipeline for the telegram to corporate i. C. A. O. What do. You mentioned you arent involved in ice yet tell us a little bit about this if youre covering it what do you see here is whats going on that is every bit a lot of interest on the telegram i assume were huge fans telegraph we use the product. Its one of those amazing teams and stories out there where theyve raised literally no
Venture Capital<\/a> its all self funded really really smart guys its going to be a blockbuster i mean were going to buy into it is this the beginning of a phase where corporations now going to be issuing their own blog chain and is that just a following of that or is it really going to this is the enterprises and when it is amazon going to come out with something as google as apple. And is it just chasing something that theyre not really clear whats going on or is this going as a something more here and something more because if you look at how much additional venture models actually
Work Companies<\/a> have to raise money through you know in a series a series b. What youre starting to see now is tokenized securities so if i right now all the tokens that use your utility tokens so
Companies Like<\/a> to tease your own polymath theyre tokenize and securities on the block chain and we invest in one of the earliest companies tokenize a secured copy cap so any kind of security is going to be under regulatory scrutiny so right now i think what youre going to start to see twenty thousand and twenty nineteen is a migration to the block chain so that people can actually raise securities on the watch and that are regulated by security so so big cap block change capital time out here says a fine now and twenty eight team started with a big sell off of our veterans of the space weve seen these before but newbies come in the last six months came in a twenty seven team heard about it and they jumped in with both feet and not one thousand nine hundred twenty thousand what we do here what would you say to folks in that in that in that kind of position theyre new to spanish and the other theyre seeing some some big selloff well how do you handle it i think. Let me let me tell everybody thats theyre getting into the space you know dont. Risk only what youre willing to do some bad amount and say take ten to twenty percent. Give a quick net worth and really kind of get comfortable with the space dont just bet everything because at the end of the day it is extremely volatile you know not too many people can stomach thirty percent drops in a single day you know weve been through it enough so that weve seen kind of how this market actually works. So that would be the best advice is just understand that this is an extremely volatile os and if youre going to be buying dont buy all that one scale into a position so if you have ten thousand dollars that you want to buy instead of buying all ten thousand dollars at once maybe buy a thousand dollars every week for like a few weeks so that it spreads up and spreads allah tossed averaging exactly right thats an old wall street track if you well you put in a set amount on a regular basis up its high on a buying last if its low you end up buying more and it takes the emotions yeah out of your actually one of the best strategies that we actually used from for myself was i bought a big coin every day three years so i put a little bit away every single day and did some days it was hard because youre like oh my god its so high that some days its so low so thats actually a good a good strategy is just even put a little bit away every single day the discipline just approach it that way and so this is how would you lot of talk about is it is is it a commodity is it a currency is it a duck billed platypus and some have called it home its actually its a hybrid. The best we did as i described cryptocurrency is a not just because it is that they have all the debt all the features of cash which is a cash commodity cash and a commodity and a currency because it has all the properties of cash but without the weight without the inflation and has all the properties of gold built up without the weight and the deflation its the perfect product and the perfect theres not a more perfect elegant product thats ever been created in history but larry and i were going to leave it right there on that note thanks so much being on cars and going for having me excellent and you all right well thats going to do it for this edition of the guys report with me max geyser and
Stacey Everett<\/a> i want to thank our special. Yes finally got him on air yeah a a binary financial if you want to reach us on twitter its kind of. Turkeys decision to invade
Northern Syria<\/a> has
Foreign Policy<\/a> implications far beyond the middle east what are anchor his objectives in syria and the region does it to. A final peace settlement to syrias proxy civil war and what is turkeys future in nato. You know. I was. I am. I and. The sports worlds highest
Court Watchers<\/a> that the lifetime olympic bans handed down to over two dozen russian athletes accused of doping violations. The bipartisan divide deepens in washington with the white house expected to release a classified congressional memo on friday document allegedly details surveillance abuses by the f. B. I. Including that it spied on trumps election team. Plus german intelligence warns that the children of i still find yours could be recruited to carry out terror attacks in the country describing them as living. Are broadcasting live direct from our studios in moscow this is our
Team International<\/a> thomas certainly glad to have you with us now the court of arbitration for sport has overturned the lifetime olympic bans of twenty eight russian athletes accused of doping and upheld their results at the sochi winter games in two thousand and fourteen and he goes down off as the story. This ruling has to be the olympic equivalent of having your exit cancelled at the last minute twenty eight previously banned for life from the games and ill fully cleared of all doping allegations sanctions against them dropped nine hard won medals in sochi are set to return to their rightful owners named and shamed they refused all along to accept the punishment for being guilty by association youre doing with its such a relief for us because were really are innocent the public is now where that many people believe that we dont but our close ones of course knew it wasnt true im really disappointed with the
Olympic Movement<\/a> its a complete mess. Theres a lot of uncertainty the bans were justified in some cases in others not im happy that the athletes in my sport. Have been partially acquitted and im sure well be promoting our movement further. Legal mechanisms exist and we hope well still have the time to fight for our rights if not at cas then in a civil court switzerland has a long history of considering cases if their original ive always said that the truth and justice always prevail in the end yet the verdict came with a catch. This does not mean that these twenty eight at least are declared innocent but. Due to insufficient evidence the held the sanctions. Their individual results achieved in such reinstituted so hold on a second you yourself proclaimed theres no proof to convict these athletes what part of innocent until
Proven Guilty<\/a> in my not getting here this short remark is the latest twist in whats been a nerve racking roller coaster of a doping scandal for russias athletes the
International Olympic<\/a> committee initially slapped the russian team with a blanket
Ban Following<\/a> a report accusing the country of a state sponsored doping program the court of appeals heard both from the author of the report and its key witness though and didnt find their testimony convincing enough these two men who were involved in exposing all of this mess basically gave us enough evidence to say listen mcclaren water youll see we dont believe you guys the tribunals conclusion has poked a sizable hole in the reasoning behind the i. O. C. His decision to bar russia from the olympics but the not guilty verdict does not guarantee a ticket to south korea later this month its still the see that gets the last say in who does go and who does not since the russian
Olympic Committee<\/a> is suspended russian athletes can participate in pyongyang only on invitation by the i. O. C. The result of the cash decision does not mean that athletes from the group of twenty eight will be invited to the games so for now even without an invitation to south korea the twenty eight russian athletes have potentially paved the way for other clean athletes to achieve justice but even with this battle won the war is far from over. We discussed the issue with a number of lawyers following the case they told us they welcomed the decision. By the its a victory for common sense and the fundamental principles of the olympics over political whims weve always stuck to the principles journey i. O. C. Inquiry and weve cast as well the charter is based on them thats what appeared to qubaty in leftist when he created the
Olympic Movement<\/a> of first of all its a great victory for those twenty eight cleats. Over a year to claim their innocence and the cast this isnt confirmed that they have not committed any wrongdoing and the i. O. C. Had wrongly sanctioned them for something they had not done theoretically. You see could challenge those decision the grounds on which you can silence this isnt some before the streets of people court are very limited and i dont see how they could be successful. And you can see the reaction of one russian crosscountry skier after hearing the verdict in talia mart very who was one of the twenty eight athletes cleared of doping was overjoyed at the courts decision. The release of a classified u. S. Congressional memo allegedly detailing abuses of surveillance powers by the f. B. I. Is expected to be approved by
President Trump<\/a> on friday the possible move has already led to a major backlash from both the agency and the
Democratic Party<\/a> ideas came up and has commentary. Well a specter of anticipation is hanging over washington d. C. As everyone is anticipating the release of the memo now at this point weve already heard from many republicans who say theyve seen the memo and that the content is shocking theyre calling it worse than the watergate scandal now essentially the memo is purported and expected to show great abuses by the f. B. I. That essentially that they have the f. B. I. And the u. S. Department of justice were abusing the
Foreign Intelligence Surveillance Act<\/a> in order to spy on donald trump that is what is being alleged now weve already got a recording of donald trump on a hot mike saying that the memo will be released just released. Right now one hundred. Of. The f. B. I. Is saying in complaining essential that they didnt have enough time to review the memo out before its pending release and weve also heard from adam schiff a top democrat who is saying that changes to the memo have been made without prior approval and its called on the white house essentially not to release it hes saying its not ready to be released there have been changes that have been made to it that weve also heard from devon knew his spokesperson devons known as the chair of the committee and he said that some of those changes actually came at the request of the democrats it was minor edits some grammatical fixes as well as two edits done at the request of the f. B. I. Now this medal is set to to really kind of challenge and kind of throw away some of the credibility of the f. B. I. As well as the entire russia investigation in response to this weve heard a number of
Democratic Leaders<\/a> say that the calls to release the memo are somehow a plot by the kremlin and as the hash tag release the memo went up on social media
Top Democrats<\/a> sending a letter to social media basically saying that they wanted them to investigate whether or not russian bots were. Behind the release but its gone further than that at this point weve now heard allegations that perhaps the forces responsible and the chairman of the committee could actually himself be a russian agent. Is it possible that the republican share of the
House Intel Committee<\/a> has been compromised by the russians theres a possibility i tried all the russian agents running the
House Intel Committee<\/a> on the republican side i hope thats not the case i mean this is behavior speak about the i mean im not the first person whos raised this hes behaving like someone who has been compromised by. Investigators reportedly are interested in steins advocacy for better relations with russia any vote for stein is a vote that otherwise would have gone to hillary. And donna brazil would seemingly buy into full scrushy fueled propaganda spread by both the prussians and her opponent candidates. If those objections and i know the senator from kentucky on the floor i will say before i read this if there is objection you are achieving the objectives have led america to. Grow rasmussen executive director at the
Eurasia Center<\/a> in washington d. C. Believes that the memos release will throw the entire russia related probe into doubt. You know hes frustrated with the russia gate. Investigation of which after a year and a half we have no evidence whatsoever and now what weve got is actually evident texas could a backlash on the democrats absolutely i think thats the primary thats the fundamental reason why they do not want to release it really puts in the question this entire investigation it shows at least indications that could be further investigated but from the initial appearance severe bias with senior levels of our
Law Enforcement<\/a> agencies i think what hes concerned about here is i personally dont think anything in the memos probably is that embarrassing yes is that against will it threaten
National Security<\/a> i dont think so so the classification is probably germanys
Domestic Intelligence<\/a> chief is a raising the alarm over the children of
Islamic State<\/a> fighters that have been brought to germany he says the youngsters are living time bombs that can be used in terror plots inside the country to use peter oliver has more","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia600106.us.archive.org\/28\/items\/RT_20180202_040000_Keiser_Report\/RT_20180202_040000_Keiser_Report.thumbs\/RT_20180202_040000_Keiser_Report_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240630T12:35:10+00:00"}