Kinds of good stuff stacie max we are here in mexico city mexico it used to be the capital of the aztec empire and you know what montezuma who ruled the aztec empire 500 years ago exactly well he has a lesson for us today the modern human about how to deal with the doors and how we are still wooed by the doors i have this headline here spanish conquistadores stole this gold bar from aztec emperor montezumas true here is the actual of gold bar this is all the gold that montezuma had current cartels stole it he melted it down put it into bars this is just under 2 kilos here that they found under a street here in mexico city in 1901 its been carbon dated to prove it is from 151920 when cortez sacked the city stole all their gold and its worth about 100000. 00 u. S. Dollars say it still has value today so this is historical evidence of the country stars come here and stealing all the gold and this is the beginning really of a 500 year problem of having ones well stolen and of course is picked up by american the 1970 s. Remember Milton Friedman and richest injure they introduced neo liberalism into this area which was the idea that the county said doors are wall street and the Federal Reserve bank could could run riot all over latin america kill people kill leaders install puppet dictators steal more wealth steal aggro. Ultra world and so this is a problem thats been going on for 500 years because it is the solution of because it is a way for everyone in these countries to regain their sovereignty against the doors of money and thats why you see the adoption rates in argentina venezuela mexico skyrocket a bit coy because they realize this is karma this is karma now the money pushers in washington and theyre the ones who are going to end up at the bottom of the ocean and were going to rise up well the credit he said or is that rule us now have an unfortunate future just like the spanish conquistadores did as well i reckon and for the same exact reasons and well get to that by the end of this episode if we get through this episode because you know montezumas revenge is also a thing and it is coming well you know looking at this bar they show that a new chemical analysis of a large gold bar found under a mexico city street in 1981 has shed light on a centuries old origins as mexicos National Institute of at the policy in history announced last week the precious metal was probably dropped in a canal by spanish invaders as they retreated from the Aztec Capital of tentative. Im sure im not for an ounce an aztec word right but on june 30th 1520 the new chain trieste day or night of sadness so that was the one night of sadness where cortez was forced to flee after the spanish army actually came to arrest him and then he was forced to flee when the aztecs attacked as many slaughtered many people slaughtered the other Indigenous People around here the other natives who fought against the mountain zuma as well but i say that we have this credit when decent cookie said owners who have taken our wealth since 1071 through this magic act of swapping out our gold backed International Settlement layer as all fiats so they can take whatever because the. A uniquely have the asymmetric information of how much credit theyre creating and how much wealth theyre actually taking so weve had not a note a trace they not one night of sadness not an on yo trace they not a year of sadness but weve had it they kata or those they caught has or trace they got is which are decades of sadness because as an confiscate all my gold they can pick up and run away with it thats why because its a period to gold on that level its also as you point out the gold back settlement layer that used to be in place has been ripped out by the money could get the doors on the subtle banks you dont need a settlement layer because of because in the transaction is the settlement thats the genius of this hardest money ever invented or created ever in the history of humanity its also highly divisible its also fungible and it is a period to gold thats why people in these in this region a lot america if i have had this 500. 00 a year its aster fee if people are constantly stealing their wealth same thing in africa thats why adoption rates of decline in africa are up as well because of the countries the doors or the neoliberals as you call them down america theyve come and they still you know wealth well with because its on confiscated all but theyll be left holding the sea of bags so the joke is on them it took 500 years but the joke is on them the credit and fiats doris are able to rule for a longer time because its such so much more benign i mean cortez had exacting kill and take visibly people could see he was just taking your stuff the fact that its so much more benign and that you cant really see that you think youre participating in a capitalist economy and its up to you to compete with this next chart however shows that in fact theyre starving you out so in cortez surrounds the city how do you isolate them how do you weaken Montezuma Well you prevent any food from entering you starve them out right use around. A country or a region and you starve the people out well here in the credits that or system will see that theyre choking out the Credit System with this charts the decline in the velocity of money post g f c the Global Financial crisis has been remarkable 3 decades of a sideways trend 2 decades above trend and now a decade of utterly falling out of bed we had a brief post crisis bumps and at 27 12800. 00 tax cuts then we lost bomp but otherwise straight down this is a chart of money circulating throughout the economy you want money to circulate throughout an economy you need money that is the gasoline thats the energy for this is them heres all it during your years in wall street in the eightys and then this is during the ninetys when there were who ride days you know everybody was getting wealthy on the stock market not just wall street but it was a load of ordinary people this was they were spending money they were buying cars they were going on vacation heres the collapse and the velocity of money thats them choking out there basically the people theyre conquering yeah i think thats a actually analogy are basically that the general economy the real economy is being choked out there not allowing money to circulate its not allow it to multiply the multiplier multiplying effect as its called in economics theyre not allowing that to take place theyre simply printing it and its going into silos of people who are buying you know youve got basis buying a house in los angeles for 125000000 youve got 10 gryphon. Capital buying a flat in new york for over 200000000 so all of these people are essentially the beneficiaries of this choking out of the multiplicity effect in the economy by simply in the case of hedge funds and 10 brits who by the way as ben bernanke the former fed chairman on his board and others advisors they just have a pipe going right into the fed and the money goes into buying these over inflated properties it would be like putting a pose in the gas tank and say if siphoning off that gas tank. And then of course the car chant go because youve just siphoned off all the gas but more than at least they spent 135000000. 00 on a house and theres some construction workers theres builders theres a Real Estate Agent who collected some money some a banker who took a fee from it when theyre essentially hoarding it jeff bezos has over 130000000000. 00 and its just sitting there you cant spend it how many 135000000. 00 homes will he have to spend he probably would have to buy one every single day for like a 100 years in order to spend that money at least that is circulating but this is you know you look at Mike Bloomberg the guy was worth 3000000000. 00 in 2008 at the beginning of this this this bum and he was worth 3000000000. 00 now hes worth 60000000000 maybe even up to 80000000000 its hard to know so where did that come from how is it possible it didnt work harder was he suddenly making more from rent from his bloomberg terminals no its its the printing money for the fed and hoarding it that they get to keep it all none of it circulates crashing the rest of the economy thats elevating their share of this Mike Bloomberg from say a 1000000000 during to 50 or 60000000000 in an era money multiplying effect has crashed and theres no velocity whatsoever that was a possible unless hes just got a type and the money just goes into his pockets which is the same which is exactly what happened we have the equivalent of montezumas revenge not only with bitcoin but the fact that theyre running out of ways to well this is also going to harm them because their credit conquistadores so the collapse of the money velocity but also the collapse in the ability to push more credits and steal our wealth and most importantly our sovereignty currency experts fear i. M. F. No longer has fire power to act as world lender of last resort so remember the whole theory is that once we run out of dollars and euro is in yeah and you and credit will just roll it up into a new fancy crypto version of the s. T. They are the special drawing rights issue by the i. M. F. Well Central Banks the last control of global liquidity the dollar Rise InternationalFinancial System has become treacherously unstable and vulnerable to a sudden reversal and capital flows yet the International Monetary fund is the diminished force and no longer has the fire power to act as the worlds lender of last resort and then emergency that is the stark conclusion of a g. 20 task force of leading currency experts dont explain something so this 10 year period of 0 money velocity or money has gone directly into the pockets of the few oligarchs and countries of doors in america and around the world in these silos like these 125200000000. 00 properties when they when the infrastructure for that starts to crack and the liquidity starts to seep out you get inflation for real for stuff like food and were seeing this happen now where people are noticing that the cost of everyday living is starting to spike higher so even though with most people who are pawned off by a cheap flat screen t. V. And cheap gas once their cost start to go up 5060 percent a 100 percent for basic sustenance of life. Then were going to see some action they well i want to say you know again going back to the star and the credit kooky series and if you dont feel like youre you know the as the people that have been surrounded by cortez and slaughtered and they got their revenge back of course but hes here this is an economy a fiats economy especially cannot exist without circulation of capital this is the capital not circulating therefore this isnt that that was the end of capitalism thats when the cookie story is one thats when this is that that year 1989 to 2000 was when bill clinton handed over our capital at our capital for real the equivalent of of montezuma being captured by cortez that was bill clinton giving the bankers giving the computer. Dorris giving them commodities futures modernization act which allowed derivatives which is a form of stealing our wealth and also the glass steagall which allowed basically that their speculation to be backed by the conquered people right while the only model that is comparable history would be able ism thats when the money completely dies and you just have People Living in castles and. Stay tuned after the break much more coming your way. I cant show you my face but im going to teach you must store. Was sentenced to death. Charged with capital murder even though he didnt have the gun didnt pull the trigger didnt intend to kill anybody imagine living in your bathroom for that week with the son of a 23. That had to be. Confined within 4 green walls. Using. The leave defense room. I 1st heard about leaks. From the helicopter footage in iraq. I think it down to the people. In the us military who have never forgiven him for this guys a traitor a treasonous and and he has broken every law the United States illegally shoot some of us really historic to have. Independent journalists with his computer to see what crimes to a global audience. The idea of developing an anonymous. And applying it to a Media Organization is what he makes that was the 1st. I didnt the toy interest i had 15 would be for a short while world right and wrong one of the worlds most powerful you use will rise ration standard founder julian a song in the sun. And there was a great deal of jealous in the mainstream towards him particularly why wont he be more like off steam. Smearing feces on the walls. Smile. We have julia in solitary confinement in the prison for terrorists away team that has a life in person the person. I dont want to see him die in a prison. And i think thats what hes facing. Welcome back to the kaiser report imax keyser time now to return to our conversation with tows a guess hes the director of block chain land which is part of the mega talent land event coming up in april and guadalajara max and stacy will be there tens of thousands will be attending and how do people get tickets to this yes were expecting this year 70000 people of the event breaking less years like of 62000 they can buy tickets in talent dot net Talent Network so they can buy at the regularly through our web page they can also see the speakers they can also see our communities or allies also if there is someone that has a start up they can register we have an area course start up garden which is for startups that are in early stages so you can showcase your startup over there and we also have open spaces for community so also if you have a community were open for registration there is no cost and actually we give out some scholarships or entrances for people that scrape so yes this year we are expecting the 70000. 00 people from the 13. 00 to 17. 00 if a pro in well that how to school he go in which max and stacy are going to be with us in mainstage and also in booking them what part of mexico 11 am a while i love how to school me its like an hour flight from here from mexico city they probably get there faster than i could learn how to pronounce the weather know how to. Do it now i want to pick up on what we were saying kind of in the last segment and talking about the new government the challenges of the new government which tends to be left government and then you know the challenges of having an entrenched a look up list Banking System everywhere in the world not just mexico but everyone in the world and then this emerging technological phenomenon. Which is increasingly being powered by a bit coy typically it is the hardest money in the world because it has a sound governance system built within the protocol and like we like to say you know you dont change Bitcoin Bitcoin changes you know theres so much about decline that once you understand it you begin they realize that well you know lots a lot of the Banking System we dont need anymore we dont need intermediaries the trade in a big coin trade is self settling itself verifying its hard money you start to realize that theres a lot of parts of the government we dont need because the the amount of trade thats done in a peaceful way between parties it gets rid of a lot of the functions of the government to maintain order maintain governance so Going Forward would you agree that big coin is part of a really an emergence of a governance system that obviates or gets rid of both banks and government just because it has Many Properties some benefits that we have all seen traveling around the world and also with of Different Companies that we have participated in and they have participated going into the most extreme cases yet its actually takes out the politicians and the bankers out of your money so it gives real to me that you havent been able to do it with your money on this for example you use gold as money which we know though its hard money its very difficult for the exchange is something that we do when we can do with bitcoin so it helps you like countries that are in economical crisis political crisis or banking crisis and bank runs i mean if you could if they close down your bank and they tell you you cannot do with your money what are you going to do if you have your life savings there and that is something that kind of cup in with i mean you are the owner of your money you are the owner of your private keys you can move your money at any time you want anywhere you want so that is part of the magic and also there is no politician group will be. You should group of central bankers or associates your will banks that can have. A manipulation of the printing or the emission or or how it is being distributed so the rules sort of theyre the rules are transparent everyone knows the rules and everyone can all that and see the rules of the big can in the books in which goes who brings you to a new era of financial transparency that you havent been able to have any time before this right now when we 1st interview you few years ago maybe 5 or 6 years ago this was beat you were a cofounder or cofounder of it. A Crypto Exchange just now i believe the biggest 6 change and lot america and so its one of the biggest exchanges in the world and this is become now a profitable business and full disclosure max i say here are investors in bed so we were fortunate enough to get involved in the early early year and so how does this message i guess my question is twofold number one in expanding our across latin america now and particularly in areas like argentina which seems desperate in desperate need of hard money because they are going through yet another financial crisis are going to really read neg on their debt to the i. M. F. As they should and 2nd of all is what it whats happening on the regulatory front because throughout the entire history because and big going exchanges theres always a a need to either work with regulators or in some cases some exchanges just leave territories that they dont want to have sort of the regulators on their back or what have you so the 1st question is it hows this expansion over latin america going it whats happening in argentina i see them on local bitcoins adoption of bitcoin in argentina is just through the roof whats happening there so because. To turn desir 6 yea