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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

First wave of the coronavirus pandemic. Austria is doing well as well. Are seeing the dollar at levels that we have not seen for Something Like two years. The falls in the dollar taking place overnight. Yenre seeing the japanese clamber up as well, reaching the 104 level. 103 yen. Terry gou. That is the current position. Kong is declining just a fraction at the moment. That is where we are without one. That is where markets are standing. Haslinda. Lets get back to our top story. President trump has attacked the credibility of the election, challenging counts and nevada, pennsylvania, georgia, and michigan. Speaking at the white house, the president made several claims and said that the election is being stolen from him. We will not allow the corruption to still this election or any election in that matter. We cannot allow anyone to silence our voters. Haslinda joe biden is urging patience and saying that he is no doubt heading to victory, in an election that hinges on seven states. Mr.

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Transcripts For CSPAN2 Finn Brunton Digital Cash 20240713

Duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurrency a block chain currency today. Its not just the story of building a new payment platform but a deliberate attempt to engineer a future society through the mechanism of money a utopian project i like to call the speculative currency projects

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Transcripts For CSPAN2 Finn Brunton Digital Cash 20240713

And this is one how and several competing wise. How do you go about getting the digital equivalent for currency for cash and coining it is a significant technical challenge and you need to create a Digital Object that is difficult to forge and duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurre

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

[please stand by] virtually no cars, no motorcycles, no anything. Things that would normally be taken care of, we dont see anymore. The ship is ready, but it has to, if we need it, needed for the virus, we would be using it for that. We would prefer not but if for any reason they need it, it is ready, willing and able. We have the we have the best logistics officials anywhere in the world and we are orchestrating a massive furlough response federal response unlike our country has ever done. More and more we are using medical people because of the states, iniction particular, new york, new jersey, long island has become a hot spot, part of new york. Sending a lot of things and now personnel where it is needed, military personnel. As of tuesday we will have deployed over 3000 military and Public Health professionals to new york, connecticut and other parts of the country. The number is going up. Off in we see a leveling the hottest spots of them all. You will see that over the next few d

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Transcripts For CSPAN2 Finn Brunton Digital Cash 20240713

Trivial to transact but impossible to forge and duplicate. And to verify they must be able to carry this information about any information so it has to do some platforms and networks and machines to generate effectively those transaction laws and records so to figure out how to make cash digital is a tall order which raises the question of why you would need to build such a thing in answering that question is surveillance to build parallel covert societies to libertarian economics and money to the pursuit of mortality all of these agendas fed into the creation of that coin and cryptocurrency. This isnt a story of just payment platform but a test to engineer a future society. A technological project i call the speculative fiction these currencies were platforms with the aid they are imagining. And then to inspire fear or hope and not just in relation to the future but one of the things i came to enjoy as i was working on the book is the currency world prick on one of the many terms of p

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