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tv   News  RT  June 12, 2018 9:00pm-9:30pm EDT

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i don't really but the headline this week from the u.s. government remember this is a body of people point to by trump and the republicans but medicare to go broke three years earlier than expected trustees say in twenty seventeen medicare covered fifty eight point four million people eighty five percent of them seniors at a cost of seven hundred ten point two billion dollars very poor also showed that medicare is total cost will grow from three point seven percent of g.d.p. in two thousand and seventeen to five point eight percent by two thousand and thirty eight so the year it's going to go bankrupt max yes twenty twenty six just when you qualify for this state run a fish and more efficient french like health care insurance policy that. i thought the devil you know i've been trying to stay one step ahead of the devil my whole life the american collapse that everyone a born after me unfortunately is going to be horribly you know treated by the
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progressively surveillance. state and gulag casino the phrase that i used to go like this you know this gentleman said that there's no new name for this rich new american poverty that's being invented i coined the phrase i call it the casino gulag yes that's a new lies casinos right so they're going to take my medicare away from a just in time so all the money i paid into it all these years is going to go up in smoke it went to the military it went to don rumsfeld or to the twenty trillion dollars that the pentagon lost under the rug so where they can't find it and so that's partly my money that they are using now to you know buy chateaus and so it's alone and have a great lifestyle in europe not in the front end but all america and finally trump orders immediate steps to boost coal nuclear power plants as a matter of national and economic security so president donald trump last week directed energy secretary rick perry to take immediate steps to bolster strong.
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when coal fired a nuclear power plants to keep them open calling it a matter of national economic security that we just had the basics of life and one of them of course you need energy you need heating or air conditioning or the lights on in your house and now because it costs more to provide electricity through coal or nuclear power then wind or solar or gas well now he's going to force us to take his buddy's coal provision well this is a great example of how capitalism is should and should not be played right so in capitalism this one is a losers now in this version of capitalism the winners are the legacy coal industry that are going to keep their jobs despite the fact that there is solar energy that would create millions of new jobs and transform america into a legacy away from fossil fuels but those are the losers so the innovators or losers the new people who are going to get jobs are losers the people who are now in student debt are losers the legacy of coal guys are the winners the legacy oil guys are the winners the legacy old central bankers are the winners innovation
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youth dynamism the constitution the bill of rights these are the losers in this america in this version of america i'm one we did for the collapse i look forward to the end of america i give it thirty six months and then we'll see something new and that's the way it works thank god stating with us i could have a lot more going. in july twenty seventh team hunted set up a freelance journalist working with atif militant shelling in syria. to honor his sacrifice quality has established a holiday memorial they will recognize more reporters who often risk their lives for the sake of the truth and through that peace you can submit to your published
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works in a video or written form until june the twelfth go to a. dot com. palestine is getting international recognition with the help of israel at least in the world of zoos i'm in bill fit of the committed to do it loving you like it this isn't my cup of tea is going up the study hall mediated you know shot without a doubt. the only palestinians it gets the most help from its jerusalem counterparts i don't think this is about those who endure on the location that not only could get it. and know it is a laugh out that is the heart of this lady of the most of which they had an identical tedium of doesn't seem to do more than the most awesome don't piss off.
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welcome back to the cause report imax has a time out how to toronto espec with christian star ca of eck what bad christian welcome to the kaiser report yaks it's an honor to be here already christian. is described on our website as quote securities on the block chain what does that mean it's a hot topic if you watch the news these days it's all over the place except people called them security tokens and we figured we'd given that that's a group idea let's make it you know in a tour real blah change so it would be that is the proof of work largely using the shari. i know you're familiar with and it essentially it's open source crypto securities protocol that allows anyone to issue or three securities on the block right so tokens put all kinds of stuff on a block. and
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a lot of people question how is that really necessary to do that so in the case of black cheney's role in your case in terms of disinter mediating depositories and transfer agent so there's two major companies in the space as a doowop play aqua bit is now set to disrupt this multi hundred billion dollar business correct those correct are being we are going to your building and we actually launched it definitely on june first a peer to peer crypto securities protocol so it is something that anyone can come and use and thereby decenter mediating as you just suggested some of the centralized layers that capture fees should be on every single little transactions we do and to the extent where some of those services can now be encoded into a peer to peer protocol that's what that's what we're doing we're going to write the transfer agency bezos i now from my heirs working on
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a last trade. how that works basically it's a back office function where pieces of paper you know securities and chairs are moved around the system and this is a very expensive way to do things and it's ripe to be distance or mediated aren't disrupted by block chain because block chain was to completely eliminate all the need for those enter mediation our intermediary steps and so they're up there in toronto and say i've got the task that they have launched and so as a test i'm going. you know we probably should have launched it before. now that we have some of our minor community working with us with the test net i mean there are troubleshooting and creating more. you know tools and containers and versions of the software and then we would be able to do with with just
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a quick bit group you know employees so it's been it's been very very successful we're very excited about it and it's only a few days and already it's demonstrated so it's very cool so now what about the stock exchanges you know they're the ones who are the dealers dalian securities and they deal with these transfer agents and all these other back office functions so what this big product that he would go to an exchange with like toronto stock exchange for example would you go to them and say hey we can take off here and all this paperwork and put on the block cheney get all kinds of cost savings and time savings is that the market for this video i mean it is that open source for recalls so it's a technology that we haven't released a code yet because we're still only szish making sure that the quality is all there but you know when the call goes out you know this is a this is a work protocol that can be used by anybody it will be a group of course the commercial entity will be going in and approaching other
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mercial. denies asians to to help them understand and adopt the network and some of them will some of them want to we believe that those that will will put themselves in a significant for the better of positions so yes these existing marketplaces are there they also have to deal with all the trends for regions of the positive reviews and and so so to the extent where a a peer to peer protocol can help reduce the transaction costs to these exchanges definitely there will be some very very interesting developments in the future regarding right so typically and they talk and space as call'd people come to market with tokens and their star equity and those tokens but where you're talking about is that you're creating block chain to allow people who are actually offering equity so these are companies that want to offer equity they are going to do international public offering like ways to do back in the day before they initial
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coin offerings into equity offerings and so they would go to an exchange and then the solution however is a block chain so this in this case the block chain is putting an end to the ledger all of that information that stand publicly available and it's transparent and huge cost saving so let's say i'm taking a company public i'm doing an i.p.o. can it kind of walk us through a little bit about i know where echo bit fits in there absolutely and just to situate maybe the audience you know it could be there's a fork of the courtroom so everything you know about bitcoin probably applies to equip it and and we're building with the capabilities on top of the code gets so with that said if someone is interested in issuing you know he shares for a project or dept i mean it's in the security instrument there's the various
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options when. you come to the equipment block and first of all you're going to have to have every bits which is a crypto currency the block chain in other block chains i guess the parlance that's used there is utility token but it's a token that has tele t. and that it provides access to the services that are provided by the network so the equity bit cryptocurrency is that forty one bit network and once you have these record bits you can go to do peer to peer network and issue a security so you can say i promise x. y. z. right or this is a one out of one million shares of x. y. z. companies and you can define what your issuance is that is by the way at that moment the regularly that activity high that governments want to know about and all that issuance that that is regulated so so when you come into the network and you
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issue that is where you want to make sure that you've got you know your you understand your the regulations of your or your locale or where you're located but beyond that the network itself provides and you know the interface to document the issuance store the security. to a block chain on the peer to peer network like the corner can be you know falsified or easily you know i attacked and all the activities that follow you need to for you know to know who buys your securities you need to communicate with your shareholders you need to capture votes so there's a lot of of activities that are provided by the financial service industries beyond just you know storing the securities on paper today these these capabilities are implemented in a peer to peer fashion using peer to peer communication protocols on the aggregate
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network so once you've issued. your security there is a marketplace on the network obviously where others can come in and purchase or tree into the security. of the know your customer and in time money laundering and all these things are facilitated the with a passport to system that we have which is essentially a web of trust where if i'm about to issue securities you have an accreditation organization and you know various investors and because of where i sure as securities from i need to comply potentially with these regulations so i will all louis i will mark my securities of the block change so they can all be purchased by people who have been said by organizations like yourself within the maybe your were does the equity taishan so the issue work and shoes who have the ability to a credit to the world they're. not brand serve
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solution very antiquated assessed down and that say you guys are riding the wave into the future of cryptocurrency is there let's talk about the token a southie a mansion it is a shot three unlike chateau it shot three or it has the latest generation other than max coin there are very few coins that actually you shot three why did you decide to go with. and what are the unique difficulties at the moment in mining shot three coins like over there acrobat and max climb yeah the shoes of a hat the choice of the hash was was a big decision for us we have heard we have a few blog articles i believe about it go into details for people interested. in summary sharry was essentially the best we could find and this was not our opinion we know looked at the competition that was done by the. this national
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institute of science and technology i believe. and when they did their competition for coming up essentially with a successor for short two fifty six everybody knows that at some point in the future we don't know when but computing power will be such a fifty six will no longer be a secure hash you know for four full forward who are using it for today they're safe you know all those who don't want to worry about forty fifty six right now it's still a very good hash krypto runs on it we love it but sharp three. and four for various reasons that were put to the test showing that nist competition in charge three came out as the leader. for example which is a hash used by there was one of the competitors to get shat which is the team that won the sorry competition so our store so it's very i'm also has
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a pretty good hash but we believe shari is the best out there there are no all no no i believe basics that i'm aware of at least at this time so we have a very very healthy community of g.p.u. miners which we love it that goes with the spirit of the centralization we're working on mining calls we're working with various various other organizations that will provide protocols and technologies to help ensure that our networks is decentralized right so three is quantum computer resistant or the phrase if an industry you guys use it for there is as you just outlined and max cohen is there because the idle spark smart he designed that back i player in there at inception it was really a way of his time so when. there's one thing launched they tell us about that when you go to the main net we don't have an exact date for me
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yet. we want to ensure quality on the test that obviously before we release the main bought. into it when we say we release i mean it's essentially releasing in our genesis lot which includes some of the bits that was then using to finance our operation so the main launch will will happen once we have delegated the security and the quality of the testing out along with the community and more meant we'll be able to release the genesis lot and start mining on the real block. we suspect this should be in the next coming months so the so is just a matter of weeks and months not years but but it's in the near future for sure for a fact precious i say thanks so much for being on the kaiser part pleasure to be here are i was going to do it for this edition of the kaiser a part with me max geyser and states air but i want to thank our gas christian
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sausage a bit up there in toronto if you'd like to get in touch with us that's kaiser report on twitter until next on file. so we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race based on the scary dramatic development only i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and top.
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kid. was. running he. does she don't consume the jail you can and i can do a little joke there on the stand on the bus and in that equal distances under way cause this tells me. don't listen because i don't need uncertainly in the movies that do those of putting in as a seriously does so does it all to the sitting on.
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the. history made up with. the leaders of the u.s. north korea meet for the first time just threatening to obliterate each other's country. ends with kim jong committing to complete denuclearize nation in exchange for security and tease from donald trump some are already questioning how serious the u.s. president is about sticking to his side. or not reducing anything would not reduce very little bit early for that we have to get things moving the sanctions will
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remain in effect we will be stopping the war games unless and until we see that the future negotiation is not going on like it should. two days and counting the finishing touches are being made ahead of the world cup in russian in part to offer a championship special. predicts the country's east thinks will make it through to the semi final it's. also a crisis over a migrant policy in germany. go ahead to head with her new interior minister who's proposing on the roster for asylum.
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i run the clock across the world this is your r.t. international from the team and myself you know welcome to the program first to singapore this hour with the leaders of the u.s. and north korea have hailed their historic summit as a success and laid the groundwork for the potential denuclearization of the korean peninsula in exchange for kim jong un promising to give up his new. they are still . providing security guarantees for the p.r. regime spend a lot of the us president suggested afterwards out the two had formed. the intent to meet again the turnaround in relations comes just months after the pearl were threatening each other it's all or even predicted and we have developed a very special bond. north korea best not make any more the threats to the united states they will be met with fire and fury
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and have mad men out there shooting rockets all over the place you will have no choice but to totally destroy north korea rocket man is a sick puppy. a frightened dog barks louder i will surely indefinitely tame the mentally deranged us though to do with fire. this is street is proven over and over again and can indeed become friends both very honored to sign the document thank you. so the today we had the story meeting you decided to leave the hospital and were very proud of what took place today it worked out for both of us far better than anybody even predicted it's an honor to be with you.
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later in the day the u.s. leader said that with all that they believed were in talk the meeting would not have happened not so although it made them uncomfortable at times apparently it was the right strategy. without the rhetoric we wouldn't have been here i really believe the you know we had sanctions and all of the things that you would do but i think without the rhetoric you know the ministrations i don't want to get specific on that but they had the policy of silence sometimes i felt foolish doing it. but we had no choice well despite the friendliness of the two leaders first encounter there was still one moment when truman came looked a little taken aback by one of president trump's comments take
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a look you can hear the motion of the nation. on earth. perplexing look well donald trump brought the summit in singapore with an hour long news briefing are claiming his position on a number of issues kill about tonight takes us through what he said and how it's led some to question whether north korea is right to trust they've agreed to four basic points that were in the document that was signed by the president the united states and the leader of north korea first they agreed to a new us d.p. r. k. relationship a new relationship between the two countries secondly they agreed to a lasting stable peace and working toward to facilitating a lasting stable peace on the korean peninsula they agreed to a commitment to denuclearization getting rid of nuclear weapons on the korean
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peninsula and finally they did agree to return the bodies p.o.w. missing in action the bodies of american soldiers who had died during the korean war or the bodies of american soldiers in the korean peninsula those are the four points of agreement now speaking at his press conference following the meeting did clarify some things he first of all he said that they will not be lifting the sanctions until until there is a full denuclearization of the peninsula donald trump said he look forward to lifting the sanctions but they will not be lifting the sanctions at the moment. furthermore trump said they would be stopping the war games the military exercises that north korea has often said are very threatening to them and are simply report rehearsing for their destruction these military exercises will be stopped doll trump said that they were very expensive and very provocative and from there we heard some more talk about what would go on on the peninsula itself this is donald trump we're not readers are going to thing we're not reduce very little bit early
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for that we have to get things moving the sanctions will remain in effect we will be stopping the war games unless and until we see the the future negotiation is not . going along like it should so you saying there that the the number of troops on the korean peninsula will be reduced at the moment now they are donald trump talks about the previous administrations and their record in dealing with north korea and how difficult it was to make this meeting this historic meeting between two countries that have been basically at war with each other in a legal sense for the last sixty years how difficult it was to make this meeting happen this is donald trump talking about previous administrations and the difficulties they proceeded down a path in the past and ultimately as you know nothing got done in one case they took billions of dollars during the clinton regime to billions of dollars and
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nothing happened that was terrible for you and he actually brought it up to me i don't think they've ever had the confidence frankly in a president that they have right now for getting things done and having the ability to get things done well there's obviously a huge amount of optimism around the world in the aftermath of this is story meeting however there are different voices asking how optimistic we really should be vocal recalling that donald trump did pull the u.s. out of the historic iran joint plan of action the nuclear deal other people are wondering exactly how this denuclearization is going to take place with the sanctions not yet being lifted with the troops remaining on the peninsula where the talks were first annoyance back in march but not us months kimbo group or military drills between inside korea and the u.s. and threaten to call it all then nine days after about trump council live meeting accusing kim of hostility but just the next day the white house. said things were
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back on track on the first of june washington officially announced the summit would go ahead when the world's key players have all been responding to the talks china said history was made at the summit site korea has also hailed what it sees as a new way for. word the e.u.'s foreign policy chief sees the meeting should the denuclearization of the korean peninsula is achievable to perm though said pressure needs to be kept on the north until concrete steps towards disarmament are seen and some of the guess we spoke to are all valid positive about america's altitude either there is a strategic tryst. mr trump for ukraine i think what he is now doing is truly finding a middle way for ensuring america's national security by trying to get it would do north korea and if some call instrumental effect on north korea along the way of the talk now means even the nuclearization will not be completed do you know just
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hand on puno from now on around her being the country perhaps expressing the greatest degree of skepticism over the talks the country's foreign ministry is pyongyang to be vigilant when dealing with trouble in light of the fact he pulled out of the twenty fifteen nuclear agreement with iran. the u.s. administration's failure to honor its commitments to others particularly the j c p a as an international agreement endorsed by a un resolution makes is watch mr trump and america's behavior with much pessimism for now we cannot be optimistic about their behavior and i think the north korean government should deal with this issue very carefully the united states is not the sort of country that anyone can trust as the iranians know quite well that j c p o a was an agreement.

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