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 queens 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 whole as its called in the cryptocurrency field. Originally the original stackers the original holders are gold. The Gold Investors i know which is a kind of in museums to this to some degree would be steam and steam it because youre constantly getting more steam when youre posting to the site your content and on days that its high you might be getting less on days that its slow youre getting more so with statement your 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 crypto 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 and the last ten seconds before we go i want to say that gold sales soar four hundred percent as cryptocurrency finds those so there is a four fold increase of holders zero dollars stacking into gold so we got him to pick going to gold stay tuned for the second half a whole month or more. To. Go on. The reject. So when you want to be president and you. Want. To go and. See what the three of them will be good. Im interested. Years ago i traveled across the United States exploring americas deadly love affair with a gun if a bad guy tried to get to one of my family members he would have better life better and i think they are and hurting one of my my babies says my book was published in the year two thousand more than hoffa million americans have been killed by forums in the us going out of thought to me as i did this is a middle school we go through drills and we put ourselves some real scenarios it was interesting to see who actually got hit by the gun i just saw you to return to the subject to track down each gun owner who id met and photographed those years ago i dont know this but we are not. Close we wouldnt remember who you are when you dont. See the teacher. What did you not through only ten supposed to. Make. Love to no he. Said. Some kind of into no servant is that. Alex you speak french. Most of. The. Whats new. Is busy at the bell. Welcome back to the cash report im max keiser time now to turn to harry a play narry what is it now 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 so minor 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 came in came in 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 per se but im our fund is kaman based so we have to softball came along and when we had a u. S. Flag at the fall u. S. Funded hows business grown in the last few years obviously its been its been booming i guess tell us some numbers was 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 the 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 p. C. Side are we doing the best in i. C. A. O. Has but the number one thing we look for is liquidity so yes for us trading volatility is. Taters best friend so we know most of you are right so lets talk twenty eighteen 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 and 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 the Sovereign Wealth Funds are going to start nibbling at this central bank its going to start moving into this year uniquely position on the trading desk dealing with i networked individuals and institutions and so youre saying from your seat at the table that yes you believe that trend will merge in twenty eighteen Sovereign Wealth Fund to fight a merging its already happening but people dont i mean our minimum trades as half a billion u. S. And all the desks sots 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 sas a class because its the number one performing alternative asset class a forget about for us were really more on the speculative demick the price trading side so for us having a good good healthy price of Bitcoin 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 cryptocurrency 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 of 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 claim for one person for every person on the planet so. Youre going to start to see a lot more of the cryptocurrency so i think Central Banks right now are humans exploring the possibility ideas of tokenized of their own. Is 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 a currency because so no real effective way to really hedge power than if you just contract going i mean to play 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 in 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 max and there because it 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 now seeking into the daniel crowds and i believe ive got your name dragged this time and you know its from the sea 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 the 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 the its the reverse because things are actually worth less relative to big point 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 and 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 too and 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 in the option pricing model what not so i think. Its the same thing with liber 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 ice 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 what it whats going on that is every bit a lot of interest on the telegram i assume were huge fans telegram 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 following up on 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 i use your utility tokens so Companies Like that hes your own polymath theyre tokenize and securities on the block chain and we invest in one of the earliest companies tokenize a secured copycat 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 chain that are regulated by security so so be capped block change capital time out product hair up here says a fine now and twenty a team started to at the big sell off are veterans of the space weve seen these before but newbies have 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 or what would you say to folks in that in that in that kind of position theyre new to space and the other theyre seeing some some big selloff well how do you handle it i think. 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. And i have 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 and once maybe buy a thousand dollars every week for like a few weeks so that it spreads out and spend solid cost 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 bit 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 sometimes 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 as some have called a home its actually its a hybrid. The best we did as i described cryptocurrency is a not just bitcoin is that they have all the have all the features of cash which is a cash commodity cash on 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 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 think. Get finally got him on air yeah a a binary financial if you want to reach us on twitter its kind of a report of. How much of. This little bundle of joy he would have no chance of surviving in the wild. This can only win one come at a time but usually Good Business to. China puts a lot of effort into making up for this cruel mistake of nature. China has penned the breathing has become something of a production line. Its almost as though theyve been copied three d. Printed and put on show for the public. Several cubs are born here each year. But only less work by dedicated scientists will be for nothing if panda love cant be encouraged in captivity its not as though they dont practice until but in the same lazy way they do Everything Else this proud mommy gave birth to twins and has no idea that a special love potion was formulated just for the. Fears of people have been saying about redacted in the. Full on author of the only show i go out of my way to find generally what it really packs a punch. Yeah john oliver of harvey americans do the same we are apparently better than boobs. I see people youve never heard of went back to the night. President of the world bank so take. Me seriously send us an email. Across europe municipalities are taking their water supply back from private companies to me this is a simple song alone even if i company elsewhere they invite private companies to take over their utilities anybody tell us that. The actual history guys who got the going to go buy been this is. More you than both the left bill brought up locals are ready to stand up for the basic human right of access to water its about water but its also over much more and more its about the hurt and the redistribution of our lives to. Date downwards we want all. The court of arbitration for sport fully overturns lifetime bans and sanctions for twenty eight russian athletes eleven more have their bans partially lifted but will not be able to compete at this month a lympics in south korea. A libyan mans fight for justice against nato could go to europes Top Human Rights Court as he claims the alliance killed his family during a raid in two thousand and eleven. Now we do need to explain why our house and other houses were showed all the military targets i dont understand why nato targeted dog house. And from extortion to drug deals one of the biggest u. S. Police corruption scandals reveals an abuse of power within and the elite task force in the city of baltimore. Youre watching R T International coming to you live from the russian capital with me jack and thanks for joining us. We start this hour with breaking news as the court of arbitration for sport has fully up held twenty eight appeals a russian athletes that were banned for life from the olympics. Traitors unanimously found that the evidence put forward by the i assume the relation to this matter did not have the same weight in each individual case this is why in twenty cases the evidence collected was found to be insufficient to establish that looking at rule violation was committed concerned. This does not mean that these twenty declared innocent but. Due to insufficient evidence the appear so held the sanctions and old their individual results achieved in such reinstituted. To discuss this further we are now joined by r. T. Is it goes down of now in or can you outline the decision for us in general well of course those twenty eight athletes that weve just mentioned for them it went from a lifetime ban completely not in a single olympics were they allowed to compete it went from that to all allegations and more importantly sanctions against them being dropped so talk about extremes really so for them it is really important because this decision has allowed them to finally clear their names and this is something that theyve been fighting for for a while now really also this means that nine medals in these or chilean pigs in twenty fourteen are going back to russia obviously russia is glad with this decision and theyre happy about it have a listen the cash decision on russian athletes confirmed many accused of anti doping rule violations are clean i am counting on the International Olympic committee to accept cash his decision and to allow the athletes to participate at the upcoming limpid games. This is not the only decision made by the court of appeals and tonight also eleven other russian athletes they were partially cleared so their appeals war were upheld partially what this means they had their lifetime ban swapped only for a ban to compete in the upcoming Olympic Games in south korea so whats the overall theognis figure of this decision well to realize that you have to understand where this has been coming from really so those people landed in trouble because of the socalled Mclaren Report a canadian a canadian lawyer submitted a lengthy document using russia of running a state sponsored doping scheme the International Olympic committee they used it as a stepping stone in their role in investigation into the issue as a result the whole of russia russias whole olympic team was slapped by a blanket ban which effectively means that even in the upcoming election russia excuse me in the upcoming Olympic Games russia is not allowed to compete officially so the athletes they cannot wave russian flags they cannot wear the uniform they cannot sing the anthem russias anthem and so this is what russia was landed in by this Mclaren Report the whole report was revolving around the around the eyewitness account of gregorio watch and it is a man who ran a lab in most schools and who used russia of swapping dirty doping samples for clean ones so it was really it was the cornerstone of the whole thing the court of appeals heard both from and from mclaren and the court of appeals found their testimony not enough effectively to consider those people guilty so this whole thing really undermines the seas investigation into the allegations of doping in russia so no wonder the i. O. C. Is somewhat embarrassed yes have we heard of forward. Spawns from the o. C. A. Yes there has been a statement and they are taking the court of appeals decision with a pinch of salt now most interestingly they are saying that not being sanctioned does not automatically confer the privilege of an end invitation to the Olympic Games to the upcoming Olympic Games in south korea have a listen. The i. O. C. Will analyze the recent decisions very carefully once they are available and consider the consequences including an appeal to the swiss federal tribunals since the russian Olympic Committee is suspended russian athletes can participate in pyongyang only on invitation by the i. O. C. So only on invitation by i. O. C. So those twenty eight athletes theyve had all allegations all sanctions against them dropped still the i. O. C. Maintains their ground saying well youre not youre still not invited of course well be following that closely to see what else comes out of this decision today r. T. Is it then i thank you very much now the initial decision to enforce the bans was made by the International Olympic committee and a handful of russian athlete thought their dreams and careers were over. Story musical noise with the most notable things probably was to appear to be just gained on the b. B. C. Only now believes he knows of it boyd is going to be a bit slow i mean almost a. Dozen is nice but you are the. First to do it just reason to just sit on the. Good National Board in the rich to be trite. But the most in the oven to you when you join your thoughts. To be pushing out of the opinion leadership in your work if she leave with us she writes. It down which in. Order. To get that right its fair to do. It. Now were joined live now by alan moore sports specialist and columnist and the host of capital sports on capital f. And now the International Olympic committee has already said that its decision made in december remains in place what does this mean for the chances of these twenty eight athletes competing in south korea. Thank you id like to talk with you well last night on top of the sports on lost a couple of them we broke went against them all and said that the decision today at least two athletes will be cleared and ive heard it firsthand from the lawyer of those who are seated said that they would definitely be you know at least have a chance of an invitation so the i. O. C. Are correct in saying that this is by invitation only so this is like of a mixed group of members going to go to the police because. They do retain the right to block all of the athletes who have been you know clear today on this like very very strange have a sort of put forward that you know did the i. O. C. Feel it has right so maybe no one could go but you know that there should be at least at least a dozen that will be allowed to cook and for now when coming to these decisions both the i. O. C. And cas were relying on the Mclaren Report on iraq think of testimony how can two organizations using the same facts come to so two very different conclusions. Jackley the big issue was that there was a whole report this whole situation was based on a criminal informant which is dr roche and called so he get the information. You know when youre scape from russia and sort of helping an american filmmaker point forego to dope to win an armature race so this is well a paragraph that we were led to believe now this is what this whole situation was based on one mans word that he had a list because of the list of one thousand russian athletes which was you know whittled down very very quickly to around two hundred now of course include on this list of watching of how supplies were not the other athletes from other countries including mr fogle that he had worked for as a paid consultant on a paid doping assistant so you know it was it was based on very very roping the to. Erial and in addition to Shelly Jacqueline this past like the past few days weve had brian fogle who made a career hes on the rounds are trying to get money to do a sequel hes already said the project of has more information on more countries or more athletes including a couple of you chaotically to you know were great successes in london twenty twelve that much of consulted with so hes looking for funding for his sequel to icarus acres number two also you had to hire supples who has done great work and exposing you know some really really dirty dirty rotten practices from the audible a. F. All the way to russia to kenya and into the u. K. He has he has come forward and shown how to bottles so part of this whole crux of mccarver small was was how does bottles or been tampered with and how you himself showed that these bottles you know if they were frozen could be opened easily so basically these two men who were involved in expo