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Episode 531

December 03, 2013 11:30

AFP Photo / Michael Gottschalk

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Max Keiser and Stacy Herbert discuss the absurd tongue-eating isopod sitting in the middle of the global financial system and what the system would look like with that parasite ripped out of the host economy. They look at Iceland and Kenya, where parasites are being banished with old debt repudiation ideas and with revolutionary new crypto-payment systems. In the second half, Max interviews futurist, IT architect and Free Software advocate Arjen Kamphuis about the internet in a post-re-architected NSA world in which the free network is disintegrating, but against which the likes of Google, Oracle and Microsoft are leveraged. They add up the costs to US corporations in lost revenue as nations across Europe and Latin America divorce themselves from industrial espionage on an industrial scale from America.

Comments (10)


Ólafur Guðmundsson 04.12.2013 23:34

Bitcoin is an elaborate Ponzi scheme for the digital age. If you like traditional Ponzi schemes, go on and play the Bitcoin shooter game. But....


Tim Caffery 04.12.2013 20:45

Wow! This guest was amazing! Maybe I'm an idiot, in the comment world, but this guy blew my mind. "Like English.." we don't ask the queen if, or how, to use it! So, I have to ask in my sheer dimwittedness (please note: I got 1 Bitcoin @ $390 as a believer, ignorant as that may make me, in some ways), but if I could pose one question to him, drawing from Max's obvious esteem for his technical knowledge, I'd want to ask: What if having a crypto-currency was (I hate this term) a "human right", and everyone got one, like we get names. Or, 'How could crypto currencies work if everyone had one?', is, more my question.


tim 04.12.2013 17:24

Today's fastest parallel computing operations are capable of petaflop speeds. The world's fastest supercomputer today, Titan, is capable of 20 petaflops.

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