System and put in question whether or not we really own our deposits we need some independence or of wealth and i think because as is becoming the big question another crypto currency is also you mentioned venezuela there are many many different cryptocurrency that are being used there are now thousands of them and theyre all fungible one with another each other its a Wonderful Technology and and i personally believe Something Like a private cryptocurrency a global basis is good with the future of medium of exchange and for value around the world. As well as a doctor living in Interesting Times someone once called it the age of rage because we have global unrest and global protests that are all stemming from bad years and years of bad Monetary Policy collapsing currency and financial inequality as actually summarized earlier so this created the perfect storm for just a. Huge disruptor like bitcoin to emerge as an equalizer for all the citizens who are being affected so when theres unre
Just after 10 am and. Pm. In the afternoon right here in the 1st day of the year welcome to our 2 international we begin in hong kong where after a night marred by clashes a major protest is under way this new years day already signs of more on rest with riot Police Firing tear gas at demonstrators. It was was. Just one particular aspect of this violence brutality when perpetrated by the hong kong protesters has gone largely without comment really from the west or to taylor asks why hong kong has gone from being the economic power of the orient to the face of the fight for democracy and boy does that fight fire. An amendment to a preexisting north that would allow for the extradition of criminal suspects from hong kong to Mainland China has brought the financial haven to its knees as a protest accent into the 7th month violence on both sides has escalated but all the wild over politicians and john the same like continue to hail the peaceful aspirations of those fighting to wrest themse
In malaysia supposed to survive if an entity such as the u. S. Can come in and strong arm the country into shutting down your Bank Accounts like you said kristie a lot of these people are now relying heavily on these crypto currencies but could countries really ever block the use of them because theyre becoming so popular. But how all of the sudden. Well its going to be on ramps and they say on ramps on the off absent are a problem theres absolutely no censorship in the network itself so if you own crypto you can pay with crypto you can own it and transfer it not for sale but if ever you tried to move in and out of the National Currencies thats where governments become very significant they can they can ban a 2nd taxes they can regulate its they can regulate the exchanges and i must say over the last 11 years thats become the big problem in the crypto world so its becoming its own ecosystem and and its really true that the worse governments get the more sense sorious they get and the m
On the citizens a terrorist act against the police did take place illegitimate seizure of power occurred the government offices were taken over. By the thanks for joining us here on r. T. International. Night by clashes beijing rally is under way in hong kong this new years day and have been signs of more rest with riot police there firing tear gas at petrol bomb hurling demonstrators. Was. Particular aspect of the a mess to violence and brutality one perpetrated by the hong kong protesters has gone largely without comment from the west. Asks why. Hong kong has gone from being the economic pall of the orient to the face of the fight for democracy and boy does that fight file. An amendment to a preexisting law that would allow the extradition of criminal suspects from hong kong to Mainland China has brought the financial haven to its knees as a protest accent into the 7th month violence on both sides has escalated but all the wild over politicians and john so like continue to held the p
Capital markets they have no access to banks how is the city how is someone living in malaysia supposed to survive if an entity such as the u. S. Can come in and strong arm the country into shutting down your bank account well like you said kristie a lot of these people are now relying heavily on these crypto currencies but could countries really ever block the use of them because theyre becoming so popular. Because of how low the. Well its going to be on ramps and they say on ramps and they are fabs that are a problem theres absolutely no censorship in the network itself so if you own crypto you can pay with crypto you can own a transfer and thats one thing but if every tried to move in and out of the National Currencies thats where governments become very significant they can they can ban a 2nd taxes they can regulate its they can regulate the exchanges and i must say over the last 11 years thats become the big problem in the crypto world so its becoming its own ecosystem and and its