tv Keiser Report RT January 20, 2022 5:30pm-6:01pm EST
very interesting story at a coaster rica, and this relates to both mahash rate and it relates to the energy fun relating to bitcoin. hydro electric plant in costa rica is mining big coin after i had to pause is operation because the government stopped buying electricity. miners are looking for a clean, cheap energy and a stable internet connection. which coaster rica has plenty of. so this stranded energy located all around the world is being captured because of bitcoin. yeah, you know, hammons have been around about 300000 years and it's been the same story for 300000 years. the search for perfect money. that's the characteristic, that's a fine humans and it makes us different than any other life form on planet earth. and big coin is perfect money and we see infinite demand for perfect money by humans. therefore we're going to see the hash rate always. busy go up and we're
going to say, energy efficient, always get better. that's why in a country like an outside the door, the economy is growing, is growing faster than has grown in decades. but the carbon footprint, even though their energy usage is going up, the carbon footprints going down. this is the same thing a big point. bitcoin is basically a 51 percent attack on the global energy supply. it will dominate all energy globally. however, the carbon footprint plant earth is going to go down because you're getting ready to be out money, which is a huge waste of carbon. the military industrial complex, the huge waste of carbon, because big coin monetize is peace and loss. and you end up with is much more efficient economy. this has been our journey for 300000 years, are finally getting to the point where humans are finally discovering who they are . so with the system based on a petro dollar, you've seen not only the extraordinary mis, allocation of capital, which has caused all these boom and bus, it's cause the contingent can tell an air class. i'm gonna pronounce it not in the
front way, because i'm not french, i'm american. so i'm going to say can't chilion air, right? oh, i'm not gonna say can called t no, no, no, no, to supple. so the fact is the mis allocation of capital and the missed opportunities, right? so bitcoin, as you see it own, it basically captures stranded energy strand of opportunity stranded wealth, that stranded human resources around the world. and it, it's a redistribution of opportunity and you know, potential for wealth. so dangerous a lot about this article relating to costa rica using the hydro electric. i don't get alarmed if you hear dogs or something in the background because that's a natural thing that you happen to here in a coastal town like this in el salvador. i know some people might get scared if they hear like roosters and cows and dogs, but don't worry. but jamieson lot said about this costa rica story big coins. hash rate will continue growing as more and more energy producers realised that the
network is a perfectly predictable energy buyer of last resort. right there, but coined energy usage is in the se, shareable. there'll never ever be a time when the big coin networks are looking for more energy and it'll starved of energy, things like fi body, it'll also starve of energy. things like gold. i think people are just going to walk away from gold mining and they're going to use that energy to mind bitcoin. and that's how you get demonization of gold. also, all of the many, many thousands of all coins out there will simply wither away and die because that one's going to spend any energy on those coins. people always talk about the market capitalization and compare them between these coins. if you look at the hash rate and the energy usage, there's big coin with over 90 percent of the energy usage and everything else is struggling to stay alive. so from that, we're gonna move on to what the queen is doing on the nation state level. again,
kaiser port was the 1st to tell you about this, and you could have tuned in to the mainstream media and bed. look at the last 10 years, the content. you can find that on youtube and compare us to them to look what we were saying about bitcoin. up back in 2011, 12131415161718. 19. and then as you know, they started to cover in 2020 let's see like what our conversation said versus what there is and what they were warning you about about big. and they were saying bad things about bitcoin back in 2014, 56, and 171819. while we were telling you that it would be a game theory would go up to the nation state level and drive nation states to want to not only mind bitcoin, but accumulate bitcoin. el salvador is the 1st to do that. and here is what fidelity bank, one of the largest asset managers in the world, is not publicly listed. so maybe it doesn't get as much attention. and the ceo doesn't often go on those mainstream media shows. but the fact is,
they're massive of bitcoin a, you know, miners, and they've done a lot of research on bitcoin. and this is what they say about bitcoin, driven by, i think, what al, salvador said, we also think that there is a very high stakes game theory at play here. whereby is bitcoin adoption increases? the countries that secure some big coin today will be better off competitive lee, then they are peers. therefore, even if other countries do not believe in the investment thesis or adoption of bitcoin, they will be forced to acquire some as a form of insurance. in other words, a small cost can be paid today as a hedge, compared to a potentially much larger cost years in the future. we fair for wouldn't be
surprised to see other sovereign nation states acquire bitcoin in 2022 and perhaps even see a central bank make an acquisition. right. exactly. as we said 2 years ago, we call that global half war, or a global hash race. the game theoretical aspects of big coin would reach the nation's state level. this was another huge fundamental reason to own big coin. when at that time it was under 2000 a coin. of course we started talking about big coin. it was a dollar, but even a couple, 3 or years ago, what got down to the low of the 300-4000 coin. we were saying, global hash wars coming. it's like the sputnik moment when the russia put up the sputnik satellite america entered the space race g 7 countries going to enter could be united states could be another g 7 countries they will start to do at al salvatore did el salvador. got the 1st move or advantage countries in this region will take break coin on as legal center around the world. a number goes a lot higher. right?
and about this statement from fidelity and in relation to el salvador. this is what i tweeted. i'm being self referential here, but as my show am axis, we can do what we want. fidelity is one of the biggest asset managers in the world . they see what idiots fail to understand. first, mover advantage goes to el salvador game over for fee at game on for bitcoin. and i have a little boy quino, a moshi, and an el salvador flag a right. and you know, i laugh when i say big coin hers, who, by the flood of all the usual suspects, slinging mud, that al salvador, for whatever reasons. and he got a few big coinage try me in like, oh, look lot you see that there's a problem there. if, if you believe that you're not a bit coin or okay, do you think that then go play in the ult phone market,
go play the theory and go play with those coin. okay? you don't understand bitcoin simple as that a coin fixes everything and it, it, that's the thing is, if, if you've got big quain, then it's, it's whatever your problems might be. it's going to be fixed real soon. it might not happen today might not happen tomorrow, but it will happen soon enough. certainly relative to other nations, as fidelity, is even pointing out that all of the nations are going to have to accumulate bitcoin in some way as either today while that eat the ability to hedge is not only easier. there's some liquidity and availability of, of coins at this price. but you're, you'll have to do it either today when you can do it for a cheap price or to morrow. when you have to do it very expensive price. and alex glad seen, tweeted about the fidelity report. i agree with fidelity, of course, but still astonishing to read this on big coin adoption game theory and such a mainstream financial report just looked at kaiser port going back 10 years. i
kind of gathered it all in a series called to the moon, and this is what we talked about for years and years and years, not just 2 years ago. we talked about it 5 years ago. we have a clips from 7 years ago where max is talking about the games very built into the big plan protocol that it would draw in, not only the best mines in the individual sector, but then the corporate sector. and of course, the corporate sector came along 2 years ago with michael sailor. and he brought in the likes of pol, tutor, jones, and san druck miller, all the best hedge funds in the world, all the best financial mines. and now we have no jeep could. we kelly of el salvador was the 1st leader to get bit coin, and he's brought big point to this nation is inspiring other nation states to do the same. they're looking at it, they need to get the game theory means that they all will do it. now they have to do it. so who is the next one will find out soon, but every single country will have to accumulate the coin and fidelity agrees with us. yeah, i'm surprised out. glad state is surprised that you know, he's
a great writer and but he has described brick coins, entrance into some countries as a trojan horse. but i would compare more to lady godiva. bitcoin is open source, it goes naked, open source, right through the front door. no trojan horse necessary. the people who are buying into it know exactly what they're doing. we know exactly what we're doing and we know exactly what we've been saying and we know exactly what's going to be happening. perfect money triumphs over all golden for you out money and all coins full stop. just get it through your nut. right, and we, we do also know what we're doing. we're having an event, a live event here in l. zante bitcoin beach, la liberty, todd in el salvador on february 11th. and the thing is, i have to say, you know, as fidelity is pointing out, everybody's going to need to get a coin. so there are so many impostors of the 2 of us,
but especially max guys are right now, including on instagram, it goes by max kaiser official. it's not max. but they are, they have tens of thousands of followers and they're defrauding everybody. so whatever you do, don't pay for any tickets to public events with us and because they're free and just be careful out there on social media because everybody wants your big coin, don't give it to them for free. good advice. well, we're going to take a break. going to come back, watch mark coming your away with gothic go farther up on this particular quote, man, the police you could call in and push and push it for her. even though she's somebody somebody from a few minutes ago, but it was 3 to what i still listed at the but i booked ah medical me and boom
here's we'll be ready to leave a little bit of your hope. all right, so um what you, what would be with, you know, this was a way of like it, but feel a little for pretty whitaker live for mobile show production for video booth. oh, simplest possible form friends and got started and all that needed to be done some and such of literally, but in a defy golly. and then the universe starts expanding, saw where those equations come from an a hole through the switch. that is not a gun regression. the science cannot. oh ah,
welcome back to the kaiser report, i max kaiser time now to return to our conversation with alex mccloud of gold money dot com. welcome back lobby. i see we you know, out there there's one company in england that i always am fascinated by. that's the rolls royce, jet engine company. they make the most sophisticated manufacturing product in the world. i think it has 70000 parts. and it seems like a microcosm maybe to discuss what's happening around the world. so is this company able to function, tier knowledge, given supply chain issues and also and disruptions in the travel and leisure industry. but, you know, i think it's good proxy. maybe i'm just guessing here. i thought of this just 20 seconds ago. but curious what your thoughts are. well, it's, it's interesting because i think a company like rolls royce has to carry a very good stock of spare parts. so, i mean,
they don't necessarily have quite the same problem as the just in time measure manufacturer. it seems to me to be a pretty well run company. they, they have to be, i mean, the technology because they're just engines, you know, like, wiki has got to be really the best. so. yeah, i think they're ok. i mean, interestingly, i thought you might pick up on the, on the other story, which is the other rolls royce, which now and that's for, can i think the effects phone demands that they were having a rec, old year selling very, very expensive motors. apparently, people in lockdown, they haven't been traveling, they've been spending money on extremely fancy boat costs anyway. that's been very well. okay, we'll pick up on that that. thank you. i think it's very interesting because it does show during this locked on period and incredible redistribution of wealth to the top. so the central banks have been fighting, quote, unquote, coven pandemic crisis with money printing. but as always out there distribution of
that money never seems to get to where it's supposed to be going, it seems to get choked and cut off and aggregates in the hands of the people who are responsible to do the distribution. and they have gotten fabulously right, we've got, since the crisis began now several decor, billionaires, $100000000000.00 net worth or more, there's room, or that we may see the 1st trillion air. what about this problem that central banks and the economy? have they state that they are looking to stimulate by printing, but the money 1000 and can't distribute it? it just gets sit on the balance sheet of the same people and they go on by rolls royce motor cars and half a 1000000 or $5000000.00 a clip and it just goes on and on. yeah, i mean it and it inflates stock prices, it inflates. everything except as you rightly point out, you know, the poor guy on main street who is trying to work for living. he misses out on this completely and western that he finds that the purchasing power is wages is going
down relative to prices. so yeah, i mean it's, it's, it's, it's, this transfer of wealth is not an even thing until the people who know how to benefit from is really to make a rich. and, you know, when you look back, what happened in germany, 923. there's a chap called hugo stennis who is known as the inflation king. he made an absolute auction out of inflation and that is what the rich basically do. post tennis died later on the operating table. unfortunately, i didn't get to draw it as well for too long, but yeah, i mean, the point you make is absolutely right. and we've seen it time and time again in the history of fit money inflation, right? it's called a speculative attack against a central bank, and we have going on right now. we have michael salary micro strategy who is borrowing effectively and 0 and buying bitcoin, which is a perfect inflation has. and he's made billions of dollars and less than 24 months
. simply gaming the system and gaming the central banks. but let's talk a little bit more about car since we're on cars used car prices are up 37 percent last year. you know, i think about the famous show for the horses. what's the name of the show? i always forget only fools and horses early for the character of del boy, you know, in this environment dell boy would be a multi millionaire ouster. yeah, i'm not quite sure who the 2nd hand car price story embrace is brovana robbins, which are beautiful. there's never sort of pretty old fashioned 3 wheeler which you know, i wouldn't recommend to anyone. yeah. i think i think it painter sellers drove that in some of the pink panther movies. but anyway, let's move on. i digress. let's talk about gold for a 2nd. so everything's going up. aluminum. copper, chin,
old lego toys used cars to grandma's. all the, you know, tupperware that everything everything's going up bounced or except gold. gold is actually going down. and this of course is a perennial question. what so why, why, why, what's wrong with gold? apparently the basil requirements which are changing. maybe this will give us some hope faster. they're going to is this going to break the lid on goal? give us something to be helpful for l cert. yeah, i mean, when it comes to the bus and train that stable funding ratio regulations, the banks don't actually have to comply with it. it's just that if they ignore it, then the balance sheet is less efficient if you like. and, you know, they make returns. obviously to the regulations and i think the answer is that there's no pressure for them to immediately comply with, you know, with these, i mean, well, let the risk pressure to comply, they have to comply. but what i mean is they don't need to cut that possessions.
immediate, saying they will reduce i think over time bumps the thing that's going to drive go, i think is something which nobody is ready looking at the moment. and that's is that, you know, we've got a, if you like an inflation crisis developing people don't think it really is. yes, an inflation crisis. they say ok, going up. and they probably believe of the central bank because the saying about being, you know, this is a temporary saying transience that i think is depressed. i mean, it's going to, it's going to become a lot more obvious what's going on. i think in the 1st month of this year, and i think the other thing is that, you know, people who would normally hedge against this thing and sort of think, you know what, all this money printing is not going to be a good thing in the long run, i mean, they don't bitcoin their, into the crypto currencies. so the spec is if, if, if all the investment money, which would go into gold in the stages, i think it's probably gone into,
into crypto currency. so it's a number of factors, but we'll catch up and i think when it does, it could well do it with a bit of a bang. and of course the other thing is that. 3 we've got so many derivatives, i mean the derivative mark is basically, you can expand a contract, do what you want with this and use that as a means. the price control not basically is what has been happening. russia and china. i've been buying gold for years. big buyers of gold, they have kind of rushes, kind of pull back, and i really not buying that much gold anymore. i'm or i don't know what the story is with china and meanwhile, you've got some looks like a new cold war. heating up with russia. the u. s. a lot of saber rattling there and then it would that help goal? well, i think that could come a point where, where it does a bit. but i would say that the problem is, is, is a monetary and currency one,
i think actually put it in context. my colleague james took published a book from earlier this. yeah, called money in liberty, which actually describes what money is, what currency is more credited, and it's absolutely clear that money throughout history is always been go, metallic money go down. so, and if i'm to say something about, so i mean with all this b as they're trying to get away from fossil fuels and all the rest of it, i would have thought silver is gonna fantastic industrial potential on top of it. so monetary quality. so that's something which perhaps people to look at. but i think the other thing max is, it's a good price runs way and everybody's got time to sort of jump down on things i buy . by which i mean the politicians. there is the risk that they might try and stop aubrey. people buying gold, we can never forget what roosevelt did in 1033. this is the sort of thing politicians in desperation do. so i want to rule out this sort of tussle. it's
going to be a very interesting and potentially difficult. yeah. but i think anyone who hasn't got physical girl and i don't mean paper go is going to be the physical. i think i could find that they just can't get it at some stage. yeah, we have james park on recently talking about a new book. he claims you saw you on barrick street in london trying to sell your goal for some beanie babies. is that true? i'm afraid it's just a thank you for putting that to rest. all righty. so let's, let's continue on. i guess we have to visit the obligatory geopolitical question of rising tensions with the super powers. i mean, let me ask you this. it seems that you know, somebody famous one said that train war late the currency war leads to hot, warm and are we on the edge now of things getting a little hotter?
well, yes, we are probably not quite in the way in which it appears at the moment. i think the sort of that chain of events that you describe, you know, the current, say boy, leading to a war, a rest of it. i think i would see the potential for civil strife within the european union because i think that the euro will destroy it. so i think the c, b 's destroyed the euro. and then you've got, you know, your germany in one side along with the netherlands and fin the luxembourg and the other side you got france who are in pretty bad shape as a death wise and also the pig, you know? so i think the going to be a big, big and that i think is going to be a problem when it comes to the relationship between russia and america. obviously, you know, the ukraine, i don't think russia wants to invade ukraine. i think what russia wants is
a proper buffer between it and they said, and that's really what president bush is angling at. and i don't think the americans being very constructive in this problem. i think also is that europe in, in the middle and europe is so badly led. i just, you know, i mean, you don't know who the hell to talk to. if you talk to new german chancellor, or do you talk to micro or is who probably be out of office anyway fairly and it's, it is very, very difficult to know who to talk to. but what it means from the, from russia's point of view, is that this is a divided block and he can benefit from that. so russia, i think, is likely to get closer and closer to your, your zone if you like, as a matter of policy and drive away between europe and america so that i certainly see main mon america and various others have been trying to stare things up in
covent storm, i understand there's a huge number of n g as in catholics time is quite, quite a strawberry. and that has jumped on very, very quickly. and that to me, if you like, is the new sort of thing that happens having withdrawn from afghanistan. so this is, i mean there's quite a lot, i think happening under the hood as it were, but nothing the moment is getting out of control. alright, imagine the russia 6 buffer between itself and now that's an eminently reasonable position. the one that i think should be looked at by both sides of the atlantic before we go. we've got about 20 seconds. last, i gotta ask you just a quick, you know, betting question. since i know you read love to make their bets on 6 months time. well, bars, johnson still have a job. yes or no over at number 10, downing street. i don't know. chelsea pulling out. there you go. well al serra cloud thanks so much for being on kaiser report. my pleasure. max
. okay, and that is going to do it for this edition of kaiser report with may max kaiser and stacy herbert like to thank our gas out from a cloud of gold money dot com until next time via the me so called enhanced interrogation techniques used by the u. s. officials were basically designed as techniques to break down the human mind. if you force a human being to stay in a certain position doesn't take very long to the pain involved to become absolutely excruciating, but nobody's lean finger on you. you are doing it to yourself and we started
adopting those techniques when i was stationed in mosul. among them were stress positions, sleep deprivation. a type of thermo is already beginning to be evidence that these old techniques are now being used on immigrants and children. whatever you do in war comes home. nobody has been held accountable for the torture that happened in the past. the moral authority, the made america awarded sucker fudge of the shimmer of effective interrogation. while the panoramic no, no born is a tease and you as emerge, we don't have a therapy. we don't have a vaccine. whole world needs to take action and be ready. people are
judgment, common crisis with we can do better, we should be better. everyone is contributing each in their own way. but we also know that this crisis will not go on forever. the challenge is great, the response has been massive. so many good people are helping us it makes us feel very proud that we are in it together. ah yes ma'am. oh oh, risky. in fact, will you? i leased the typical there's only 9 but already 8 university students that away and rational. if that's better than you impact your best bet on like his hymns,
a new model, but when the lead cbs, you got the glass doors to deal with digital spots? no, no, butch, this me a book over, but yeah, but that's a little only thing that i think was good. yes. so the loss of this month is someplace yahoo terms. but he may come can only cause he will show control. going to put a new song now, bush night, nebraska, not porcelain warrior special, but i will the yeah my but i say the 1st way and of course think it was certified that was given to him was in your mind it was something that he will use if the w 30 will little was as much color, i see, i knew it with soon losing credibility to do to prove when you most of judge that he blanca from his teacher was also reason is bernice a good. 6 20,
a with the russian co. it vaccines budnick b demonstrates a strong protection against the recently emerged on the constraint according to a new italian study, and also produces more antibodies than the pfizer. joe criminal negligence. that's how russia's foreign ministry is describing the work of some western journalists seeking to mislead the public into believing russia wants to invade ukraine. despite continuous denials from officials in moscow and disturbing the classified video shows that the seconds before us drone it kills 10 afghan civilians. many of them children who were playing on the street and one of the most appalling incidents in the body withdrawal from the country. but joe biden says he makes no apologies whatsoever for the disastrous pentagon. philip and iran opposes american dominic.