Blockchain had once been thought of as unhackable, but recent attempts to manipulate the system have caused all sorts of trouble for industries, such as cryptocurrencies, that use blockchain. Back with us today is infrastructure architect Dr. Russ White (rule11.tech), who, as always, has a fun and spirited conversation with John. Today, he explains what blockchain is, how it has become vulnerable, and the possible implications of foul play. He also gives an update on the disturbing union of Big Tech and Big Government.
Something a little different today on Steel on Steel. It's important to understand the economic landscape, not only in this country but also globally. Politics and economics are inextricably linked. So today, we play a recent episode of the McAlvany Weekly Commentary with Dave McAlvany and Kevin Orrick (mcalvanyweeklycommentary.com). They discuss myriad geo-economic issues, including digital currency as a threat to traditional currency, the People's Bank of China and Ali Baba, the Ukraine-Russia dynamic and the dealings that President Biden and his son have had in that arena, oil pipelines in Ukraine and Eastern Europe, and the dollar compared to Chinese currency.
News stories pile up here in the studio so every once in awhile John, Carol, and Steve sit around and discuss important issues stemming from those stories. On today's podcast, the trio look at the cold wave that hit Texas and the issues surrounding that, a bill in the House that seems to target only one person – former President Trump, the push toward a digital currency, and Andrew Cuomo's view from underneath the bus amid the New York nursing home scandal. They also examine the chaos surrounding postmodernist thinking and do their best to try and define the nebulous term 'whiteness.'