24 Burst results for "Argentine Government"
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"argentine government" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"And welcome everyone just joining us. This is pod episode number 1409. I'm your host JV. Today is September 22nd, 2023. Let's kick off today's show with our market watch as we do here every day. We can see Bitcoin back in the red, but holding on to 26,500 as support and checking out coinmarketcap.com the crypto market caps, it's just above that trillion dollar milestone with roughly 22 billion in volume in the past 24 hours with the volume down 25% as Bitcoin dominance is currently at 49.1% with the ether dominance at 18.2% as Bitcoin Dom has been dominating the ether dominance. And I think it's likely to continue this cycle, but what are your thoughts, fam and checking out the top 100 crypto gainers of the past 24 hours, lo and behold, the infamous pepe coin that is rated number 100 is leading the pack of 15% for the day, followed by curved out token up almost 11% trading above 49 and a half cents, followed by Zilliqa up almost 4% trading at roughly 1.7 cents and checking out the top 100 crypto gainers of the past week. We have XRD up 7.4%. We got CRV up 11.7% and FTT, the infamous scam token that Sam Bankman freed created on the FTX exchange currently up 5.3% and checking out the crypto greed and fear index we're currently rated a 43 fear yesterday, 47 neutral last week, 45 fear and last month of 37 in fear. So there you have it, fam. How many of you have been taken advantage of this recent dip? Let me know. And now let's dive into the technical analysis for Bitcoin. Check out the charts and what is popping with the king crypto Bitcoin circle lower after September 21st, wall street open as 20,000 Bitcoin price predictions resurface. You got to keep in mind there's a CME futures gap at approximately that level as well. Now data from coin Telegraph and trading view covered a lackluster 24 hours for the price action of Bitcoin with 27,000 fading from the view. The aftermath of the US fed interest rates pause offered a little for the Bitcoin bulls having dipped almost $700 of the prior day. Now market participants returned to a more conservative outlook in the absence of the tangible volatility quitting crypto Tony here, something like this over the course of October would be perfect. I would say slow grind up to 28,500 followed by hype and FOMO fear of missing out to then dump it once more. And then we have another analyst material indicators. Meanwhile eyeing a so-called death cross on the weekly chart, quitting him here, the 21 week and 200 week moving averages on a collision course for a death cross on the Bitcoin weekly candle closed and open at warrant. Now he also says that the 50 week moving average may provide some temporary support and even trigger a short term rally. But if pa takes us there, it'll print a lower low, which I believe opens the door to a grind down to test 20,000. Let me know if you agree, disagree with the analysts now also shares here. If there is a base case for hopium, it's that the FTX liquidators don't want to see much price erosion before they start distributing and may try to prop the price up for a little longer. That's purely speculative, but not out of the realm of possibilities. Now another analyst crypto con shares the following doesn't get much simpler than this Bitcoin early and late bull market is green. The bear market ends in the red. I mean, as he outlines here alongside this chart and just as confident was fellow trader jelly who suspected a prime buying opportunity for prospective Bitcoin investors at these current prices. As he shows here on X historically, the post bottom consolidation phase has been a great time to buy. I don't think this time will be different. So there you have it. Fam now Bitcoin trading at around 26,500 at the time of this recording, making September gains equal to roughly two and a half percent. Still Bitcoin's best month since 2016 for the September and per data from monitoring resource coin glass Bitcoin delivered losses every single September since. So will this be the oddity this month of September as we're still potentially in the green and we can end in the green? Let me know your thoughts, fam. Welcome to everyone in the live chat. Now this was breaking news. Senator who said Bitcoin can open the doors of corruption in El Salvador was indicted for corruption by the federal prosecutors seizing 100,000 in gold bars and $480,000 in hidden cash from his home. So Max responded to this con artist and wrote gold is the poor man's Bitcoin. It encourages thievery, war, violence, and excess stupidity like Peter Schiff and Nassim Taleb, both who turned down my offer free Bitcoin at $1 in 2011 preach and massive shout out to Max Kaiser, Stacey Herbert, and Nigel Bokele of El Salvador. So there you have it, fam. Now let's discuss this hyperinflation, which continues to go on in Argentina as Bitcoin prices reach yet another all time high in their country. Let's break this baby down and shout out to all my fam in Latin America. I mean, we must continue to rise up. What will be the next Latin American country to adopt Bitcoin as a legal tender? Could it be Argentina? Could it be Mexico? Could it be Brazil? What's your thoughts, fam? Let me know in the chat. I'll read everyone's comments out loud at the end of the show. So here we go. Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. And as time marches on the likelihood of Argentina, home to 47 million people facing a full scale currency collapse looms. But there are prospects for increased adoption of Bitcoin, given its outstanding track record when priced in the local Argentine peso currency. That's right. Throughout history, the Argentine government has frequently resorted to inflating the money supplied through bank deposits or government bonds. And more notably, Argentina's aggregate money supply, the M1 comprising of currency, demand deposits and other checkable deposits have surged from 2.81 trillion pesos in July of 2019 to a staggering 10.66 trillion pesos, making a 277% increase in just three years. Just a reflection of what could happen to the US dollar, fam. Don't think it can happen in your own backyard. Now, the Bitcoin price on domestic exchanges has soared to 19.6 million Argentine pesos, up from 14.2 million when Bitcoin reached its all time high in the United States back in November of 2021. This means that despite the 61.5% drop from 69,000, investors in Argentina have still managed to accrue gains of 38% when measured in their local currency. And in this chart shows you the Bitcoin price in pesos at the Bitso exchange. Now, one may encounter a different result when consulting Google or CoinMarketCap for the Bitcoin price in pesos. Keep this in mind. The answer to the discrepancy lies in the official currency rate for the Argentine peso, which is more intricate than most investors are accustomed to. To begin with, there is the official rate, known as the dollar BNA, set by Argentina's central bank and used for all the government transactions as well as for imports and exports. Observe how the price in Bitcoin is in Argentine pesos, effectively traded on crypto exchanges, which is nearly double Google's theoretical price. This theoretical price is calculated by multiplying the Bitcoin price on the North American exchanges in the United States' dollars by the official Argentine peso rate provided by their local government. This phenomenon is not unique to cryptocurrency. It also affects other highly liquid international assets such as stocks, gold, and oil futures. So by artificially strengthening the official rate in favor of the Argentine peso, the government aims to stabilize the economy, reduce capital flight, and curb speculative trading by making it more expensive to purchase foreign currency and store wealth in US dollars. This measure may also increase the cost of imports while boosting exports with the goal of improving the trade balance. However, it's important to note that manipulating the official foreign exchange rate as seen in Argentina's case ultimately contributes to massive inflation and impedes their economic growth. Firstly, it creates incentives for the existence of an unofficial and unregistered market known as the dollar blue, which also fosters illegal activities, undermining financial transparency and discouraging foreign investment. This leads to varying exchange rates depending upon the market in which the transaction occurs and whether or not it involves the government as well as official banks. Now for the million dollar question, is Bitcoin a reliable store of value for investors right now in Argentina? Let's discuss it. According to Bitso Exchange Prices in Argentine pesos, Bitcoin has gained 150% over the two years ending September 21st, moving from 7.84 million pesos to 16.6 million pesos. However, the accumulated official inflation rate during this period had exceeded 300%, making it incorrect to claim that Bitcoin has been a dependable store of value. However, those who opted for US dollars, whether in the traditional form or in stable coins, have seen their holdings increased by 297% during the same period, effectively matching the inflation rate. This analysis exclusively compares the two year period between September 2021 and September 2023, virtually the past 24 months. Now, nonetheless, the outcome is somewhat disappointing for Bitcoin proponents and is likely to favor the adoption of stable coins in the region. But on a positive note, investors have had the opportunity to learn about the advantages of self custody and scarcity given that the local currency has been decimated by continuously inflating supply. So in the end for Argentinas, as long as the US dollar maintains its purchasing power by keeping pace with local inflation, there is little room for Bitcoin to become the preferred store of value. So there you have it. How do you think this is likely to play out for Argentina as hyperinflation continues? Literally, as Tucker Carlson recently interviewed Javier Malay, pro presidential candidate who's currently leading the polls and they say there's roughly a 77% chance that he becomes president and there is the opportunity. He adopts Bitcoin as the legal tender. He says when locals in Argentina go out to eat, they have to have stacks of money just to cover the bill because that's how bad their local currency has hyperinflated. So can Bitcoin save their economy? Literally over 40 million people. Let me know your honest thoughts, fam. I think it's only a matter of time and a sign of the times that Bitcoin is the answer to solve this economic crisis which continues around the world. And with that being shared, now let's break down our next story of the day, discuss the latest ongoing saga between Binance and their CEO, CZ, as well as the SEC. I don't know why I put SEO here on the chart. We talking about search engine optimization or the Securities and Exchange Commission. Just saying. Anyways, according to a September 21st filing with the US District Court for the District of Columbia, both Binance Holdings and CZ claimed that the SEC overstepped its authority and the lawsuit against them in the 60-page petition the lawyers for Binance and CZ accused the SEC of failing to introduce clear guidelines for the sector ahead of its lawsuit against the crypto exchange. And as we know, it's the largest crypto exchange in the world, hence why they're probably being attacked and as a result had imposed its regulatory authority over the crypto sector retroactively as outlined right here in this complaint, quoting them here, the SEC pursues these novel theories retroactively seeking to impose liability for sales crypto assets that occurred as far back as July of 2017 before the SEC provided any public guidance concerning cryptocurrency. They also shared it's clear that the SEC's lawsuit has no foundation in the currently enacted security laws. So moreover, reach in with your thoughts, fam. Lawyers for Binance also asserted that the regulatory fundamental misinterprets the security laws and their application to crypto assets, quitting him again and attempting to claim the regulatory power over the crypto industry. Additionally, the SEC distorts the text of the security laws. And in addition to Binance and CZ's petition, the American outfit of the crypto exchange, which is Binance US, legally known as BAM Trading Services, also reportedly sought the dismissal of charges in a separate 56-page filing made on the same day. The SEC sued Binance and its affiliates on June 5th, pressing charges claiming Binance offers the sale of unregistered securities and operates illegally within the United States. The SEC's move against Binance came three months after the CFTC also sued Binance for failing to register with it and for breaking many of its guidelines, you know, opposably. Now trading activity on Binance US has been hit hard as a result by the ongoing regulatory action against the exchange, with daily trading volumes slumping more than 98% from September 2022. On September 13th, Binance US laid off 30% of its remaining workforce with its president and CEO, Brian Schroeder, also departing from the firm. So there you have it. I mean, it's obviously no joke when you have the CFTC and the SEC and all the regulators in the United States basically crying wolf and blaming Binance and CZ for selling unregistered securities and the list goes on and on. Obviously, they've been around for the longest amount of time as the biggest crypto exchange in the world. So I don't think the SEC is going to get away with it, but nonetheless, it is heavily impacted the business on Binance. But then again, Binance is the most fortunate crypto exchange with the most resources and what we like to call a war chest to battle against the SEC. So we'll see who wins. We already know that the grayscale versus the SEC case, the SEC took a loss, XRP versus the SEC, you know, Ripple XRP, SEC also took a loss. And it seems like with the Coinbase lawsuit against Brian Armstrong, the CEO of the largest crypto exchange in the United States, the SEC may also take a loss. So we'll see how Crypto Choke Point 2.0 continues moving further. And if you had to choose a particular crypto exchange, which crypto exchange do you trust the most to do business with? Let me know in the comments right down below. And now let's break down our next story of the day. Speaking of exchanges, Bybit could no longer do business in the United Kingdom, in the UK. Let's break this baby down, shall we? Dubai headquartered crypto exchange Bybit has announced the suspension of services to the UK in response to pending rules from the country's Financial Conduct Authority, known as the FCA. In a September 22nd announcement today, Bybit said it will start suspending services to UK residents by October 1st, which is a few weeks out, virtually a week and a half, by no longer allowing new account apps. This move will be followed by the suspension of new deposits, new contracts and changes to positions for existing users on October 8th. So there you have it. You have been warned. Stop doing business with Bybit, especially if you're in the UK, as they're going to be freezing everything. Quoting them here, in light of the UK Financial Conduct Authority's introduction of new rules regarding marketing and communications by crypto businesses, Bybit has made a choice to embrace the regulation proactively and pause our services in the market. Smart, as they don't want to go against that, then they could be caused to get some serious legal issues. Bybit's date to wind down its services will fall on the FCA's deadline for crypto asset firms, marketing to users in the UK, to be in compliance with certain rules aimed at providing clear, fair and not misleading market regimes. The FCA first announced the rules in June and issued an additional warning yesterday, September 21st, reminding the firms of the October 8th deadline and the risk of criminal charges. So clearly this is no joke. According to Bybit, the suspension of services will allow the company to focus its efforts and resources being able to best meet the regulations outlined by the UK authorities in the future. The FCA suggests that certain firms could have until January 2024 to be in compliance with the marketing rules, which would need prior approval from the regulator. Bybit announced a similar winding down of services also in Canada in May, citing recent regulatory development at the time. However, the firm expanded into new markets, which includes Kagestan, where it received, in principle, approval to operate as a crypto custody service provider back in May. So there you have it, fam. How many of you have ever used the Bybit crypto exchange before? Please do let me know. And will this impact you in any way? Anyone in the UK? Holla. Let me know. Now let's break down a rumor, which Nick Carter, crypto influencer, has doubled down on this theory that Bitcoin was invented by the NSA. So let's break this down. And then we'll be breaking down the latest from the BlackRock Bitcoin ETF, send in the Bitcoin price to a new parabolic all time high of $1.5 million per coin, literally ushering in $30 trillion from the total addressable market entering into the Bitcoin market cap. And then we'll dive into our live Q &A. And again, shout out to everyone just joining us. So here we go. This is a very interesting story. Bitcoin advocate Nick Carter had come out to reiterate his support for the theory that the US National Security Agency had something to do with the creation of Bitcoin. September 15th, Iris Energy co-founder Daniel Roberts seemingly revived the decade old theory on X after posting screenshots of the 1996 paper titled How to Make a Mint, the Cryptography of Anonymous Electronic Cash. The paper is one of the first known discussions of a Bitcoin-like system, which proposes using public key cryptography to allow users to make anonymous payments without revealing their identity. The footer notes show the research paper was prepared by NSA employees. Sources included cryptography expert Katsuaki Okamoto, who co-invented the Okamoto public key crypto system in 1998. Now on September 21st, yesterday, Carter, a partner at Castle Island Ventures, doubled down his support for the notion, stating, I actually do believe this before adding the following. I call it the Bitcoin lab leak hypothesis. I think it was a shuttered internal R &D project, which one researcher thought was too good to lay follow on the shelf and chose to secretly release. Now Carter has actually held the theory for several years, proposing back in 2020, a Bitcoin was written by NSA cryptographers as a monetary bioweapon, if you will. The code escaped those sensitive confines. Does that make it a virus that escaped from a lab? And in 2021, he stated, the only decent thing the NSA ever did from the world was let Bitcoin leak from the lab, which he announced here on Twitter. Now, very interesting, right? Now, he went on to say that this doesn't imply that the United States government secretly controls all of the Bitcoin. Another theory that often piggybacks on the Bitcoin NSA conspiracy theory would suggest the NSA created a backdoor to the Bitcoin code, quitting him here. In my version of this made up idea, the researcher did it without permission of the NSA and chose to leave the coins behind so as to preserve his autonomy. Now, there is a ton of other circumstantial evidence which supports this theory, he added. Meanwhile, some users drew attention to one of the cryptography academics, Tasuka, Tusakuki, Akamoto. My apologies if I'm butchering these names, fam. Listed in the 1996 paper, very similar to Satoshi Nakamoto. The name could have been used as inspiration for Satoshi. That's not really a critical part of the theory, though, he said. Meanwhile, Matthew Pines, director of intelligence at cybersecurity firm Krebs Stamos, believes that it is most likely a cross-fertilization of NSA crypto nerds and cypherpunk nerds. Adding the following, I suspect Satoshi had close NSA work associations, but I don't think Bitcoin itself or the white paper were officially sanctioned. We also have former Goldman Sachs executive Raul Powell, the macro guru who previously shared his own theory in an interview with Impact Theory earlier this year. Here's what Raul Powell shared. I think the US government and the UK government invented it, which is the NSA and the GCHQ in the UK, who are the two world centers of cryptography. And then in August, Cointelegraph did a deep dive into the conspiracy theory and interviewed former NSA crypt analyst Jeff Mann, who said that while it was feasible that the NSA could have created Bitcoin as a means to gather intelligence about its enemies, it is highly doubtful. However, he also concluded that even if they did, it is likely we'll never find out the real story behind the world's most popular digital asset until it doesn't matter anymore. Very interesting to say the least. Here's what we know as fact. Regardless if it was inspired or created out of the NSA, nobody controls Bitcoin, including the US government, including any government of the world and including the NSA. So you got to be thankful for that regardless where it was birthed from. But what are your thoughts? What are your theories? Please let me know in the comments right down below. And as I mentioned earlier, we'll be reading everyone's comments out loud at the end of the show. Now let's discuss the BlackRock Bitcoin ETF, which is on everyone's mind right now. If we get the approval from the SEC and Mr. Gensler, this can help usher in literally 30 trillion dollars into the Bitcoin market cap. Now, with the Bitcoin market cap currently sitting at roughly 500 billion dollars, we're talking about literally 60 X from here. Now, if the price action did a 60 X, I mean, we're in the ballpark of one and a half million dollars per coin. So let's break this baby down, shall we? I'm going to actually be sharing multiple predictions with you here. The number of regulatory requests to offer a spot Bitcoin ETF coming from a range of institutional financial firms has led to bullish speculation to remain remarkable excitement for the crypto market, to say the least, as the US SEC considers such filings from BlackRock, the world's largest asset manager, controlling 10 trillion in assets under management. We have Fidelity, they control four and a half trillion. We have ARK Invest, Cathie Wood's company, plus so much more. So it seems like at least one upcoming approval will come in a matter of time. The SEC is set to hit its next set for deadlines for the approval decisions mid October, knowing October is only a week and a half out. So investors are left to speculate about which firm might receive the approval first. So let me know your thoughts. How many of you think that the Bitcoin ETF approval could get the green light as soon as October, which is the next deadline? Let me know. I think more than likely Gensler is going to kick the can down the road until next year, as they seem to be doing that since the inception of Bitcoin ETFs have been accepted or, you know, submitted to the SEC. They've been declining them literally for over a decade now. So more than likely, I think it's to get the approval next year, right before the halving, creating the perfect storm. But let me know your thoughts, fam. Now, Mark Yusko, chief investment officer of the managing director hedge fund, Morgan Creek Capital, is picking BlackRock for the first to get the green light, quitting him here, I believe. And I've said multiple times that BlackRock will be the first one. Yusko said during a recent appearance on the Paul Baron network, I might even go stronger and say they might be the only one. It's certainly possible. Do you think BlackRock will get that monopoly? Let me know, fam. What's probably more likely is BlackRock first, then a gap and then some number of others. But the thing is, whoever's first is going to get the vast majority of assets. I think he makes a great point. Now, Yusko's prediction that BlackRock will receive the first mover advantage in offering a spot Bitcoin ETF leads him to believe the product will capture the lion's share of the 30 trillion dollars currently managed by the firms that would seek Bitcoin exposure to a regulated ETF product. Now, even given that so much Bitcoin is locked into wallets that may never be accessed again or sitting in the hands of hyper convicted hodlers who won't sell, Yusko went on to make a bold prediction for how much institutional capital will impact the Bitcoin price. He put a dollar figure for a free float Bitcoin. The amount of Bitcoin that is readily available to the market at just 100 billion dollars, quoting Yusko here, I believe the ETF will be approved sometime around year end that will pave the way for a very large influx of capital. Let's say one tenth of one percent of the predicted 30 trillion comes in. That's 30 billion dollars and 30 billion on 100 billion. What will the price be? Yusko added that Bitcoin's upcoming reward halving event when the Bitcoin rewards that miners receive is programmatically cut in half will create conditions of a parabolic price increase, leading to be decidedly bullish price target. There is a built in mechanism, he says, to drive the price higher. Every halving has added a zero, he explained, adding that he thinks the effect of this next halving will be relatively muted but can still drive the Bitcoin price exponentially. That gives us about one hundred and fifty thousand dollars per Bitcoin or something like that. Well, let's dive more specifically into 30 trillion being unlocked into the market. Now, again, if we were to 60x the current Bitcoin price and market cap, we're talking about a one and a half million dollar Bitcoin price action. So Eric Balchunes, he is the Bloomberg ETF head analyst, FYI. He believes that the 30 trillion worth of capital could be made available to the Bitcoin market if a spot Bitcoin ETF is approved. The same as Mark Yusko, which I just covered, the analyst stated that a spot Bitcoin ETF can serve as a bridge between the Bitcoin market and an impressive amount of capital. That's right. When asked why the approval of a spot Bitcoin ETF in the U.S. would be a big deal, Balchunes stated that financial advisors and the old generation of investors prefer their investments delivered in an ETF, a format that they are more familiar and comfortable with, quoting Balchunes here, ETF is the format in which the boomers and the financial advisors prefer their investments delivered. And this matters because financial advisors manage about 30 trillion dollars worth of assets. Now, a major talking point in some crypto investment circles, the spot Bitcoin ETF is yet to be approved by the SEC. In fact, over the past decade, the regulator rejected as many as 30 spot Bitcoin ETFs from firms such as Gemini, Fidelity, Wisdom Tree, etc. However, Balchunes notes the odds of approval in the next year have increased to about 50 percent. And he actually went on since then and said there is a 95 percent chance of that spot Bitcoin ETF approval in 2024. He attributed this to the recent filing by BlackRock, sharing that the high level asset manager, which holds roughly 10 trillion in assets under management, is very smart and they don't just throw filings out willy nilly. They clearly see something out there that they think can get through to the regulators and commenting on when we are likely to hear from the SEC. Obviously, that next deadline is October. Let me know, fam, if you feel it's likely to get pushed back once again. Now let's discuss the BlackRock and Coinbase deal, not even the ETF, but just the BlackRock Coinbase deal. Send in the Bitcoin price parabolic to $773,000 per coin, according to crypto analysts, invest answers as well as Dan Shapiro. So let's break this down how they arrive at this number. If BlackRock puts a half a percent of their assets under management into Bitcoin using my multiplier, which is 21X, that will impact the market cap by one trillion, which will add about $75,000 to the Bitcoin price. Now, taking it to $98,000 and an ROI from today's price is 326 percent. This is very, very achievable. Now, if they allocate just one percent, which of course will take time to get to that level, that would add about $2.1 trillion to the market cap. So $150,000 to the price would take the future price of Bitcoin to $173,000, which is a 652 percent gain from here. And if they add 5 percent, which is what Dan Tapiero says, I think it is way too aggressive. But maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 per coin in the next three to five years pretty easily. I mean, the numbers don't lie. What are your thoughts, fam? Now, the chart that got BlackRock excited about the partnership with Coinbase is right here, quoting him, no bigger a macro opportunity for BlackRock than acting to facilitate the Bitcoin adoption. A 5 percent shift in BlackRock assets is $500 billion. That's greater than the Bitcoin value today, a catalyst for a path to $250,000 plus Bitcoin post Bitcoin halving is becoming clear. And these predictions were made at the end of last year before BlackRock submitted this recent application to the SEC for a spot Bitcoin ETF, only making it that much more bullish. What are your thoughts, fam? Let me know where you feel the Bitcoin price is likely to go and which spot ETF application do you feel is most likely to get approved first. Let me know your thoughts in the comments right down below. And don't forget to check out CryptoNewsAlerts.net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Fresh update on "argentine government" discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"And welcome everyone just joining us. This is pod episode number 1409. I'm your host JV. Today is September 22nd, 2023. Let's kick off today's show with our market watch as we do here every day. We can see Bitcoin back in the red, but holding on to 26,500 as support and checking out coinmarketcap.com the crypto market caps, it's just above that trillion dollar milestone with roughly 22 billion in volume in the past 24 hours with the volume down 25% as Bitcoin dominance is currently at 49.1% with the ether dominance at 18.2% as Bitcoin Dom has been dominating the ether dominance. And I think it's likely to continue this cycle, but what are your thoughts, fam and checking out the top 100 crypto gainers of the past 24 hours, lo and behold, the infamous pepe coin that is rated number 100 is leading the pack of 15% for the day, followed by curved out token up almost 11% trading above 49 and a half cents, followed by Zilliqa up almost 4% trading at roughly 1.7 cents and checking out the top 100 crypto gainers of the past week. We have XRD up 7.4%. We got CRV up 11.7% and FTT, the infamous scam token that Sam Bankman freed created on the FTX exchange currently up 5.3% and checking out the crypto greed and fear index we're currently rated a 43 fear yesterday, 47 neutral last week, 45 fear and last month of 37 in fear. So there you have it, fam. How many of you have been taken advantage of this recent dip? Let me know. And now let's dive into the technical analysis for Bitcoin. Check out the charts and what is popping with the king crypto Bitcoin circle lower after September 21st, wall street open as 20,000 Bitcoin price predictions resurface. You got to keep in mind there's a CME futures gap at approximately that level as well. Now data from coin Telegraph and trading view covered a lackluster 24 hours for the price action of Bitcoin with 27,000 fading from the view. The aftermath of the US fed interest rates pause offered a little for the Bitcoin bulls having dipped almost $700 of the prior day. Now market participants returned to a more conservative outlook in the absence of the tangible volatility quitting crypto Tony here, something like this over the course of October would be perfect. I would say slow grind up to 28,500 followed by hype and FOMO fear of missing out to then dump it once more. And then we have another analyst material indicators. Meanwhile eyeing a so-called death cross on the weekly chart, quitting him here, the 21 week and 200 week moving averages on a collision course for a death cross on the Bitcoin weekly candle closed and open at warrant. Now he also says that the 50 week moving average may provide some temporary support and even trigger a short term rally. But if pa takes us there, it'll print a lower low, which I believe opens the door to a grind down to test 20,000. Let me know if you agree, disagree with the analysts now also shares here. If there is a base case for hopium, it's that the FTX liquidators don't want to see much price erosion before they start distributing and may try to prop the price up for a little longer. That's purely speculative, but not out of the realm of possibilities. Now another analyst crypto con shares the following doesn't get much simpler than this Bitcoin early and late bull market is green. The bear market ends in the red. I mean, as he outlines here alongside this chart and just as confident was fellow trader jelly who suspected a prime buying opportunity for prospective Bitcoin investors at these current prices. As he shows here on X historically, the post bottom consolidation phase has been a great time to buy. I don't think this time will be different. So there you have it. Fam now Bitcoin trading at around 26,500 at the time of this recording, making September gains equal to roughly two and a half percent. Still Bitcoin's best month since 2016 for the September and per data from monitoring resource coin glass Bitcoin delivered losses every single September since. So will this be the oddity this month of September as we're still potentially in the green and we can end in the green? Let me know your thoughts, fam. Welcome to everyone in the live chat. Now this was breaking news. Senator who said Bitcoin can open the doors of corruption in El Salvador was indicted for corruption by the federal prosecutors seizing 100,000 in gold bars and $480,000 in hidden cash from his home. So Max responded to this con artist and wrote gold is the poor man's Bitcoin. It encourages thievery, war, violence, and excess stupidity like Peter Schiff and Nassim Taleb, both who turned down my offer free Bitcoin at $1 in 2011 preach and massive shout out to Max Kaiser, Stacey Herbert, and Nigel Bokele of El Salvador. So there you have it, fam. Now let's discuss this hyperinflation, which continues to go on in Argentina as Bitcoin prices reach yet another all time high in their country. Let's break this baby down and shout out to all my fam in Latin America. I mean, we must continue to rise up. What will be the next Latin American country to adopt Bitcoin as a legal tender? Could it be Argentina? Could it be Mexico? Could it be Brazil? What's your thoughts, fam? Let me know in the chat. I'll read everyone's comments out loud at the end of the show. So here we go. Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. And as time marches on the likelihood of Argentina, home to 47 million people facing a full scale currency collapse looms. But there are prospects for increased adoption of Bitcoin, given its outstanding track record when priced in the local Argentine peso currency. That's right. Throughout history, the Argentine government has frequently resorted to inflating the money supplied through bank deposits or government bonds. And more notably, Argentina's aggregate money supply, the M1 comprising of currency, demand deposits and other checkable deposits have surged from 2.81 trillion pesos in July of 2019 to a staggering 10.66 trillion pesos, making a 277% increase in just three years. Just a reflection of what could happen to the US dollar, fam. Don't think it can happen in your own backyard. Now, the Bitcoin price on domestic exchanges has soared to 19.6 million Argentine pesos, up from 14.2 million when Bitcoin reached its all time high in the United States back in November of 2021. This means that despite the 61.5% drop from 69,000, investors in Argentina have still managed to accrue gains of 38% when measured in their local currency. And in this chart shows you the Bitcoin price in pesos at the Bitso exchange. Now, one may encounter a different result when consulting Google or CoinMarketCap for the Bitcoin price in pesos. Keep this in mind. The answer to the discrepancy lies in the official currency rate for the Argentine peso, which is more intricate than most investors are accustomed to. To begin with, there is the official rate, known as the dollar BNA, set by Argentina's central bank and used for all the government transactions as well as for imports and exports. Observe how the price in Bitcoin is in Argentine pesos, effectively traded on crypto exchanges, which is nearly double Google's theoretical price. This theoretical price is calculated by multiplying the Bitcoin price on the North American exchanges in the United States' dollars by the official Argentine peso rate provided by their local government. This phenomenon is not unique to cryptocurrency. It also affects other highly liquid international assets such as stocks, gold, and oil futures. So by artificially strengthening the official rate in favor of the Argentine peso, the government aims to stabilize the economy, reduce capital flight, and curb speculative trading by making it more expensive to purchase foreign currency and store wealth in US dollars. This measure may also increase the cost of imports while boosting exports with the goal of improving the trade balance. However, it's important to note that manipulating the official foreign exchange rate as seen in Argentina's case ultimately contributes to massive inflation and impedes their economic growth. Firstly, it creates incentives for the existence of an unofficial and unregistered market known as the dollar blue, which also fosters illegal activities, undermining financial transparency and discouraging foreign investment. This leads to varying exchange rates depending upon the market in which the transaction occurs and whether or not it involves the government as well as official banks. Now for the million dollar question, is Bitcoin a reliable store of value for investors right now in Argentina? Let's discuss it. According to Bitso Exchange Prices in Argentine pesos, Bitcoin has gained 150% over the two years ending September 21st, moving from 7.84 million pesos to 16.6 million pesos. However, the accumulated official inflation rate during this period had exceeded 300%, making it incorrect to claim that Bitcoin has been a dependable store of value. However, those who opted for US dollars, whether in the traditional form or in stable coins, have seen their holdings increased by 297% during the same period, effectively matching the inflation rate. This analysis exclusively compares the two year period between September 2021 and September 2023, virtually the past 24 months. Now, nonetheless, the outcome is somewhat disappointing for Bitcoin proponents and is likely to favor the adoption of stable coins in the region. But on a positive note, investors have had the opportunity to learn about the advantages of self custody and scarcity given that the local currency has been decimated by continuously inflating supply. So in the end for Argentinas, as long as the US dollar maintains its purchasing power by keeping pace with local inflation, there is little room for Bitcoin to become the preferred store of value. So there you have it. How do you think this is likely to play out for Argentina as hyperinflation continues? Literally, as Tucker Carlson recently interviewed Javier Malay, pro presidential candidate who's currently leading the polls and they say there's roughly a 77% chance that he becomes president and there is the opportunity. He adopts Bitcoin as the legal tender. He says when locals in Argentina go out to eat, they have to have stacks of money just to cover the bill because that's how bad their local currency has hyperinflated. So can Bitcoin save their economy? Literally over 40 million people. Let me know your honest thoughts, fam. I think it's only a matter of time and a sign of the times that Bitcoin is the answer to solve this economic crisis which continues around the world. And with that being shared, now let's break down our next story of the day, discuss the latest ongoing saga between Binance and their CEO, CZ, as well as the SEC. I don't know why I put SEO here on the chart. We talking about search engine optimization or the Securities and Exchange Commission. Just saying. Anyways, according to a September 21st filing with the US District Court for the District of Columbia, both Binance Holdings and CZ claimed that the SEC overstepped its authority and the lawsuit against them in the 60-page petition the lawyers for Binance and CZ accused the SEC of failing to introduce clear guidelines for the sector ahead of its lawsuit against the crypto exchange. And as we know, it's the largest crypto exchange in the world, hence why they're probably being attacked and as a result had imposed its regulatory authority over the crypto sector retroactively as outlined right here in this complaint, quoting them here, the SEC pursues these novel theories retroactively seeking to impose liability for sales crypto assets that occurred as far back as July of 2017 before the SEC provided any public guidance concerning cryptocurrency. They also shared it's clear that the SEC's lawsuit has no foundation in the currently enacted security laws. So moreover, reach in with your thoughts, fam. Lawyers for Binance also asserted that the regulatory fundamental misinterprets the security laws and their application to crypto assets, quitting him again and attempting to claim the regulatory power over the crypto industry. Additionally, the SEC distorts the text of the security laws. And in addition to Binance and CZ's petition, the American outfit of the crypto exchange, which is Binance US, legally known as BAM Trading Services, also reportedly sought the dismissal of charges in a separate 56-page filing made on the same day. The SEC sued Binance and its affiliates on June 5th, pressing charges claiming Binance offers the sale of unregistered securities and operates illegally within the United States. The SEC's move against Binance came three months after the CFTC also sued Binance for failing to register with it and for breaking many of its guidelines, you know, opposably. Now trading activity on Binance US has been hit hard as a result by the ongoing regulatory action against the exchange, with daily trading volumes slumping more than 98% from September 2022. On September 13th, Binance US laid off 30% of its remaining workforce with its president and CEO, Brian Schroeder, also departing from the firm. So there you have it. I mean, it's obviously no joke when you have the CFTC and the SEC and all the regulators in the United States basically crying wolf and blaming Binance and CZ for selling unregistered securities and the list goes on and on. Obviously, they've been around for the longest amount of time as the biggest crypto exchange in the world. So I don't think the SEC is going to get away with it, but nonetheless, it is heavily impacted the business on Binance. But then again, Binance is the most fortunate crypto exchange with the most resources and what we like to call a war chest to battle against the SEC. So we'll see who wins. We already know that the grayscale versus the SEC case, the SEC took a loss, XRP versus the SEC, you know, Ripple XRP, SEC also took a loss. And it seems like with the Coinbase lawsuit against Brian Armstrong, the CEO of the largest crypto exchange in the United States, the SEC may also take a loss. So we'll see how Crypto Choke Point 2.0 continues moving further. And if you had to choose a particular crypto exchange, which crypto exchange do you trust the most to do business with? Let me know in the comments right down below. And now let's break down our next story of the day. Speaking of exchanges, Bybit could no longer do business in the United Kingdom, in the UK. Let's break this baby down, shall we? Dubai headquartered crypto exchange Bybit has announced the suspension of services to the UK in response to pending rules from the country's Financial Conduct Authority, known as the FCA. In a September 22nd announcement today, Bybit said it will start suspending services to UK residents by October 1st, which is a few weeks out, virtually a week and a half, by no longer allowing new account apps. This move will be followed by the suspension of new deposits, new contracts and changes to positions for existing users on October 8th. So there you have it. You have been warned. Stop doing business with Bybit, especially if you're in the UK, as they're going to be freezing everything. Quoting them here, in light of the UK Financial Conduct Authority's introduction of new rules regarding marketing and communications by crypto businesses, Bybit has made a choice to embrace the regulation proactively and pause our services in the market. Smart, as they don't want to go against that, then they could be caused to get some serious legal issues. Bybit's date to wind down its services will fall on the FCA's deadline for crypto asset firms, marketing to users in the UK, to be in compliance with certain rules aimed at providing clear, fair and not misleading market regimes. The FCA first announced the rules in June and issued an additional warning yesterday, September 21st, reminding the firms of the October 8th deadline and the risk of criminal charges. So clearly this is no joke. According to Bybit, the suspension of services will allow the company to focus its efforts and resources being able to best meet the regulations outlined by the UK authorities in the future. The FCA suggests that certain firms could have until January 2024 to be in compliance with the marketing rules, which would need prior approval from the regulator. Bybit announced a similar winding down of services also in Canada in May, citing recent regulatory development at the time. However, the firm expanded into new markets, which includes Kagestan, where it received, in principle, approval to operate as a crypto custody service provider back in May. So there you have it, fam. How many of you have ever used the Bybit crypto exchange before? Please do let me know. And will this impact you in any way? Anyone in the UK? Holla. Let me know. Now let's break down a rumor, which Nick Carter, crypto influencer, has doubled down on this theory that Bitcoin was invented by the NSA. So let's break this down. And then we'll be breaking down the latest from the BlackRock Bitcoin ETF, send in the Bitcoin price to a new parabolic all time high of $1.5 million per coin, literally ushering in $30 trillion from the total addressable market entering into the Bitcoin market cap. And then we'll dive into our live Q &A. And again, shout out to everyone just joining us. So here we go. This is a very interesting story. Bitcoin advocate Nick Carter had come out to reiterate his support for the theory that the US National Security Agency had something to do with the creation of Bitcoin. September 15th, Iris Energy co-founder Daniel Roberts seemingly revived the decade old theory on X after posting screenshots of the 1996 paper titled How to Make a Mint, the Cryptography of Anonymous Electronic Cash. The paper is one of the first known discussions of a Bitcoin-like system, which proposes using public key cryptography to allow users to make anonymous payments without revealing their identity. The footer notes show the research paper was prepared by NSA employees. Sources included cryptography expert Katsuaki Okamoto, who co-invented the Okamoto public key crypto system in 1998. Now on September 21st, yesterday, Carter, a partner at Castle Island Ventures, doubled down his support for the notion, stating, I actually do believe this before adding the following. I call it the Bitcoin lab leak hypothesis. I think it was a shuttered internal R &D project, which one researcher thought was too good to lay follow on the shelf and chose to secretly release. Now Carter has actually held the theory for several years, proposing back in 2020, a Bitcoin was written by NSA cryptographers as a monetary bioweapon, if you will. The code escaped those sensitive confines. Does that make it a virus that escaped from a lab? And in 2021, he stated, the only decent thing the NSA ever did from the world was let Bitcoin leak from the lab, which he announced here on Twitter. Now, very interesting, right? Now, he went on to say that this doesn't imply that the United States government secretly controls all of the Bitcoin. Another theory that often piggybacks on the Bitcoin NSA conspiracy theory would suggest the NSA created a backdoor to the Bitcoin code, quitting him here. In my version of this made up idea, the researcher did it without permission of the NSA and chose to leave the coins behind so as to preserve his autonomy. Now, there is a ton of other circumstantial evidence which supports this theory, he added. Meanwhile, some users drew attention to one of the cryptography academics, Tasuka, Tusakuki, Akamoto. My apologies if I'm butchering these names, fam. Listed in the 1996 paper, very similar to Satoshi Nakamoto. The name could have been used as inspiration for Satoshi. That's not really a critical part of the theory, though, he said. Meanwhile, Matthew Pines, director of intelligence at cybersecurity firm Krebs Stamos, believes that it is most likely a cross-fertilization of NSA crypto nerds and cypherpunk nerds. Adding the following, I suspect Satoshi had close NSA work associations, but I don't think Bitcoin itself or the white paper were officially sanctioned. We also have former Goldman Sachs executive Raul Powell, the macro guru who previously shared his own theory in an interview with Impact Theory earlier this year. Here's what Raul Powell shared. I think the US government and the UK government invented it, which is the NSA and the GCHQ in the UK, who are the two world centers of cryptography. And then in August, Cointelegraph did a deep dive into the conspiracy theory and interviewed former NSA crypt analyst Jeff Mann, who said that while it was feasible that the NSA could have created Bitcoin as a means to gather intelligence about its enemies, it is highly doubtful. However, he also concluded that even if they did, it is likely we'll never find out the real story behind the world's most popular digital asset until it doesn't matter anymore. Very interesting to say the least. Here's what we know as fact. Regardless if it was inspired or created out of the NSA, nobody controls Bitcoin, including the US government, including any government of the world and including the NSA. So you got to be thankful for that regardless where it was birthed from. But what are your thoughts? What are your theories? Please let me know in the comments right down below. And as I mentioned earlier, we'll be reading everyone's comments out loud at the end of the show. Now let's discuss the BlackRock Bitcoin ETF, which is on everyone's mind right now. If we get the approval from the SEC and Mr. Gensler, this can help usher in literally 30 trillion dollars into the Bitcoin market cap. Now, with the Bitcoin market cap currently sitting at roughly 500 billion dollars, we're talking about literally 60 X from here. Now, if the price action did a 60 X, I mean, we're in the ballpark of one and a half million dollars per coin. So let's break this baby down, shall we? I'm going to actually be sharing multiple predictions with you here. The number of regulatory requests to offer a spot Bitcoin ETF coming from a range of institutional financial firms has led to bullish speculation to remain remarkable excitement for the crypto market, to say the least, as the US SEC considers such filings from BlackRock, the world's largest asset manager, controlling 10 trillion in assets under management. We have Fidelity, they control four and a half trillion. We have ARK Invest, Cathie Wood's company, plus so much more. So it seems like at least one upcoming approval will come in a matter of time. The SEC is set to hit its next set for deadlines for the approval decisions mid October, knowing October is only a week and a half out. So investors are left to speculate about which firm might receive the approval first. So let me know your thoughts. How many of you think that the Bitcoin ETF approval could get the green light as soon as October, which is the next deadline? Let me know. I think more than likely Gensler is going to kick the can down the road until next year, as they seem to be doing that since the inception of Bitcoin ETFs have been accepted or, you know, submitted to the SEC. They've been declining them literally for over a decade now. So more than likely, I think it's to get the approval next year, right before the halving, creating the perfect storm. But let me know your thoughts, fam. Now, Mark Yusko, chief investment officer of the managing director hedge fund, Morgan Creek Capital, is picking BlackRock for the first to get the green light, quitting him here, I believe. And I've said multiple times that BlackRock will be the first one. Yusko said during a recent appearance on the Paul Baron network, I might even go stronger and say they might be the only one. It's certainly possible. Do you think BlackRock will get that monopoly? Let me know, fam. What's probably more likely is BlackRock first, then a gap and then some number of others. But the thing is, whoever's first is going to get the vast majority of assets. I think he makes a great point. Now, Yusko's prediction that BlackRock will receive the first mover advantage in offering a spot Bitcoin ETF leads him to believe the product will capture the lion's share of the 30 trillion dollars currently managed by the firms that would seek Bitcoin exposure to a regulated ETF product. Now, even given that so much Bitcoin is locked into wallets that may never be accessed again or sitting in the hands of hyper convicted hodlers who won't sell, Yusko went on to make a bold prediction for how much institutional capital will impact the Bitcoin price. He put a dollar figure for a free float Bitcoin. The amount of Bitcoin that is readily available to the market at just 100 billion dollars, quoting Yusko here, I believe the ETF will be approved sometime around year end that will pave the way for a very large influx of capital. Let's say one tenth of one percent of the predicted 30 trillion comes in. That's 30 billion dollars and 30 billion on 100 billion. What will the price be? Yusko added that Bitcoin's upcoming reward halving event when the Bitcoin rewards that miners receive is programmatically cut in half will create conditions of a parabolic price increase, leading to be decidedly bullish price target. There is a built in mechanism, he says, to drive the price higher. Every halving has added a zero, he explained, adding that he thinks the effect of this next halving will be relatively muted but can still drive the Bitcoin price exponentially. That gives us about one hundred and fifty thousand dollars per Bitcoin or something like that. Well, let's dive more specifically into 30 trillion being unlocked into the market. Now, again, if we were to 60x the current Bitcoin price and market cap, we're talking about a one and a half million dollar Bitcoin price action. So Eric Balchunes, he is the Bloomberg ETF head analyst, FYI. He believes that the 30 trillion worth of capital could be made available to the Bitcoin market if a spot Bitcoin ETF is approved. The same as Mark Yusko, which I just covered, the analyst stated that a spot Bitcoin ETF can serve as a bridge between the Bitcoin market and an impressive amount of capital. That's right. When asked why the approval of a spot Bitcoin ETF in the U.S. would be a big deal, Balchunes stated that financial advisors and the old generation of investors prefer their investments delivered in an ETF, a format that they are more familiar and comfortable with, quoting Balchunes here, ETF is the format in which the boomers and the financial advisors prefer their investments delivered. And this matters because financial advisors manage about 30 trillion dollars worth of assets. Now, a major talking point in some crypto investment circles, the spot Bitcoin ETF is yet to be approved by the SEC. In fact, over the past decade, the regulator rejected as many as 30 spot Bitcoin ETFs from firms such as Gemini, Fidelity, Wisdom Tree, etc. However, Balchunes notes the odds of approval in the next year have increased to about 50 percent. And he actually went on since then and said there is a 95 percent chance of that spot Bitcoin ETF approval in 2024. He attributed this to the recent filing by BlackRock, sharing that the high level asset manager, which holds roughly 10 trillion in assets under management, is very smart and they don't just throw filings out willy nilly. They clearly see something out there that they think can get through to the regulators and commenting on when we are likely to hear from the SEC. Obviously, that next deadline is October. Let me know, fam, if you feel it's likely to get pushed back once again. Now let's discuss the BlackRock and Coinbase deal, not even the ETF, but just the BlackRock Coinbase deal. Send in the Bitcoin price parabolic to $773,000 per coin, according to crypto analysts, invest answers as well as Dan Shapiro. So let's break this down how they arrive at this number. If BlackRock puts a half a percent of their assets under management into Bitcoin using my multiplier, which is 21X, that will impact the market cap by one trillion, which will add about $75,000 to the Bitcoin price. Now, taking it to $98,000 and an ROI from today's price is 326 percent. This is very, very achievable. Now, if they allocate just one percent, which of course will take time to get to that level, that would add about $2.1 trillion to the market cap. So $150,000 to the price would take the future price of Bitcoin to $173,000, which is a 652 percent gain from here. And if they add 5 percent, which is what Dan Tapiero says, I think it is way too aggressive. But maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 per coin in the next three to five years pretty easily. I mean, the numbers don't lie. What are your thoughts, fam? Now, the chart that got BlackRock excited about the partnership with Coinbase is right here, quoting him, no bigger a macro opportunity for BlackRock than acting to facilitate the Bitcoin adoption. A 5 percent shift in BlackRock assets is $500 billion. That's greater than the Bitcoin value today, a catalyst for a path to $250,000 plus Bitcoin post Bitcoin halving is becoming clear. And these predictions were made at the end of last year before BlackRock submitted this recent application to the SEC for a spot Bitcoin ETF, only making it that much more bullish. What are your thoughts, fam? Let me know where you feel the Bitcoin price is likely to go and which spot ETF application do you feel is most likely to get approved first. Let me know your thoughts in the comments right down below. And don't forget to check out CryptoNewsAlerts.net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"Actually, you know, I lied, but you can see them on our website. We have a couple of custom plates that are going to be up there forever. And then as we go to Bitcoin conferences like Bitcoin 2023, where we were just at, we're going to be heading to Pacific Bitcoin. There's going to be limited edition plates for each of those conferences. So we were also in Prague. So on the website, there's that Prague limited edition plate. There's probably like five left at this point. And then the Pacific Bitcoin ones are pretty cool. I'm really excited to unleash those. And in time, we're going to have the ability for you to upload whatever you want onto a plate. That is super, super, super bad ass optic. Could you pull that up so we could show it during the culture segment? Guys, I got it already. Thank you, sir. At the time of recording, the Bitcoin price is twenty six thousand three hundred and sixty sets per dollar. Three thousand seven hundred ninety four block height, eight hundred seven thousand eight hundred thirty eight blocks to having thirty two thousand one hundred sixty two, having estimate April twenty first twenty twenty four total lightning network capacity four thousand seven hundred seventy five Bitcoin capacity value one hundred twenty five million U.S. dollars. Realized monetary inflation one point seven five percent. The market capitalization of Bitcoin sitting pretty at five hundred thirteen billion dollars of the be Bitcoin versus gold market cap four point zero one percent. All right. All that being said, I have a clip from Tucker Carlson. This was before the Javier Milley interview. He described the issue of fiat money in one minute. And I don't think it was I don't think it's ever been described so accurately and so well. So we have to separate money from state. This is what the peaceful Bitcoin revolution is all about. Anyways, I'm going to play you guys to take the clip from Tucker on X. Politicians, money is power, they always crave more, but because they don't actually produce anything, they've got limited ways to get it. They can hike taxes on the population and collect the cash at gunpoint. That's the most straightforward way, but it's also highly unpopular. Voters don't like paying higher taxes. They resent it. So over time, most politicians in most places decide it's a lot easier to devalue the currency. You keep the tax rate pretty much the same. You just print more money. At first, most people don't even notice that it's happening. The money seems free. This is how the U.S. government just paid for the covid checks and the war in Ukraine and pretty much everything else that Washington has done for the past couple of decades. Just churn out more dollars. You can see why it's a popular strategy. But what happens if you keep doing it year after year? We really ought to know. So to find out, we flew to Argentina. Let's talk about Argentina. Argentina inflation hits one hundred and twenty four percent as cost of living crisis sharpens. And that, of course, inevitably leads to people wanting change. They see that the current system is not working for them. Argentina is a country that has defaulted many, many times. And the latest the latest bailout that was given by the IMF, clearly that doesn't work or else they wouldn't continue following down this path, came with a contingency that the Argentine government must not they have to deincentivize the adoption of Bitcoin within the country. This is the same IMF that said that El Salvador making Bitcoin legal tender was going to destabilize the country. The exact thing, the exact opposite happened of what the IMF predicted in El Salvador. El Salvador was able to pay off their debt. El Salvador's GDP and country and economy is booming. And the bailout that was given to Argentina didn't do dog shit. So maybe the problem is the IMF. Maybe that's the problem. And if you still don't believe me, I highly recommend a book that was written recently by Alex Gladstein called Hidden Repression. He does a deep dove into all the details, all the things that the IMF has done over the years. Maybe the IMF was started with good intentions. Maybe you could say that, but you could definitely make an argument that it's, you know, it's outlived its current need and I think it's doing more harm than good. Maybe you can even make the case that it's a it's a system of control more than anything. All right. So what happened? One hundred twenty six percent inflation. People are obviously asking questions. This led to an outsider, a libertarian Austrian economist who was a goalkeeper and apparently he was in a rock band to lead the presidential primary. He won by 11 points. He got 33 percent of the vote compared to the the person who was trailing him, got twenty two percent of the vote. And he is poised to win the presidency in October. His name is Javier Milli. I highly recommend the interview that he did with Tucker last night. He did. He said a lot of the quiet parts out loud. Now, what was so crazy about this interview is the amount of traction that it got just within the last literally 10 minutes that we started this. When I pulled this up, it had three hundred and thirty two million views just within a couple of minutes. It's at three hundred and thirty six million views. Just to give you guys a frame of reference, Tucker Carlson's average episode on Tucker Carlson tonight got three point five million. Joe Rogan, the most popular broadcaster in the world, gets an average of eleven million views and listens per episode. This is sitting at three hundred and thirty six point seven million views. And I believe it went viral for the same reason that Richmond north of Richmond went viral. People are finally understanding that something is wrong with the current system. Why are they working two jobs? Why do they constantly have to work harder? Now, Argentina, unlike the West, when you're dealing with one hundred and twenty six percent inflation, you have a lot more you you have the necessity to find an alternative immediately. This went absolutely viral. And, you know, if you compare this to the Tucker Carlson interview that he did with Donald Trump, that was happening at the same time as the presidential president of the Republican presidential debates that was happening on Fox News, that interview with Donald Trump got two hundred and thirty million views. This completely annihilated that I got a hundred million more views. So this is definitely something that is on people's minds. People are definitely asking questions and they're asking the most important question. What is money or what is going on? Here is Saylor chiming in to the clip that I played you guys in relation to Tucker identifying the problem. And Michael Saylor, the Chad Saylor, says himself, Tucker travels far to discover why we need Bitcoin. And that leads me to the last point, which is all roads will inevitably lead to Bitcoin. Bitcoin is the only solution to this problem. No one should have the privilege of being able to create money for free that another human being has to work for. Here's our own Rustin. Head of news at Simply Bitcoin, he's dropping some fire clips as of late, and I think he hits the nail on the head with this tweet. Is it a coincidence that US's favorite reporter is the most libertarian of anyone on mainstream media and loves Bitcoin and sound money principles? Also, can't be a coincidence that Argentina is about to elect their Ron Paul and Javier Maly. Team Bitcoin stays winning. And I completely agree. I think Tucker Carlson is fundamentally a Bitcoiner. He said on Tucker Carlson tonight, he loves Bitcoin. He's had on Michael Saylor. He's had on Max Kaiser. He's had on Naim Bukele. He's had on Marty Bent. The list goes on and on and on. Team Bitcoin stays winning and it stays winning because our incentives are just better. And I think, you know, we fundamentally understand we have the humility to understand that no human being should have the ability to create money for free than another human being has to work for. And I think as long as that system's in place, you have a society of misaligned incentives. If you have a society of misaligned incentives, you have a broken society. Right. That's the truth. And now what's going to happen if this guy wins the presidency and he manages to get his way and severely diminish the power of the central bank in Argentina and things start to improve? How long how long is the corporate media going to be able to continue to sweep this under the rug and say, no, this isn't happening. No, our system is continuing to work. How long is Opti's ex-girlfriend going to be able to continue to lie and say that things are better her way? I don't know, Opti. That's a question for you, my friend. Well, I tried, Niko. I did my best, bro.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"The daily news. All right, guys, I want to tell you about Bitcoin evangelism, the great Tatum turnip. One said Bitcoin evangelism is like if the Bitcoin standard and Bitcoin for dummies had a baby. Have you ever struggled to answer your skeptical no coiners friends objections, or maybe you answered it perfectly, but they just didn't understand what you said? Bitcoin evangelism will equip you with an arsenal of simple illustrations to help you articulate the tenets of Bitcoin to anyone. Boomer neighbor check on Edna. Who's worried about Bitcoin being the currency of the Antichrist? Check. Annoying dude from work that rubs it in your face anytime the price of Bitcoin goes down. Check. That's why you got that's why you got to get yourself a copy of Bitcoin evangelism, planting seeds for the decentralized revolution. The author is Brian DeMint from the orange pull up. You could scan the QR code on your screen right now, take you directly to Amazon so you can get your copy of Bitcoin evangelism. Anyways, guys, let's jump straight into news. I'm going to start it off with this video. Actually, I'm going to be covering stuff from Marty Bent today mostly because I think he's done an incredible job covering this. Shout out. And yeah, shout out, Marty. Amazing content creator, huge fan, TFTC. So anyways, let's check this out. So he says the sentiment will accelerate moving forward. People are going to get angrier. They should be. The conversation about inflation needs to shift away from politicians. And the rich toward fiat money controlled by central banks to affect any real change. This is why Natalie Burnell going on Fox News is so important in moving the Overton window. This is why Javier Malie potentially winning the presidency of Argentina is so important. This is why name Bukele making Bitcoin legal tender in El Salvador is so important. This is why Michael Saylor choosing to use Bitcoin as an alternative to holding fiat on their balance sheet is so important. All of those things, the combined effort moves the Overton window and starts to get people to ask the real question. What is that real question? What is money? What is money? Why? Why am I being forced through legal tender laws to use the money that steals from me? They do not have an answer to that question, full stop, they do not have an answer to it, their answer, their only answer, they're going to try to obfuscate it. They're going to say, if it's not a money controlled by the government, it's if it's not a money issued by the government, they're going to say, oh, terrorism, money laundering, financial instability. Well, you know what? The IMF said that El Salvador was going to have financial instability when they adopted Bitcoin as legal tender. And then the IMF gave Argentina a bailout with the clause that made the Argentine government de-incentivized the adoption of Bitcoin. And what happened one year later? The exact opposite of the IMF's advice was the good advice. So I don't think the IMF has the best interest of these countries at heart. And what was so important about that interview with Natalie Brunel on Legacy Corporate Media was that it wasn't just Natalie claiming that, it was the anchor himself that is starting to realize that as well. We must break the Bitcoin echo chamber. People need to understand that it is not left versus right. It is not Democrat versus Republican, which is why we keep politics out of this fucking show. It is the party of green, the party of central bank digital currencies, the party of poverty, the party of nihilism versus the party of orange, the party of freedom, prosperity, peace and Bitcoin. That is the battle at hand and it's a metaphorical battle. This is a peaceful revolution after all. So anyways, I'm going to play you guys a clip and it's people asking. It's very sad. It's people asking very basic questions like I can't afford anything. And we're going to dive into that. We have the data. We have the data from you. Every time they print money, they are stealing from your future. And if you're in the younger generations, if you're just trying to get started, you're just trying to buy a house. It makes it incredibly difficult. This isn't your fault. And it's not the economic model that's broken. It's not capitalism. It's the fact that the base layer of society is fundamentally corrupted and it's fundamentally broken. And Bitcoin literally fixes this. Anyways, let's check out the video. I have a question. How are we like affording life right now? It's to a point where people can live. This amounted to a hundred dollars. Like this isn't even this isn't even barely anything to feed me for a couple of days. You're not budgeting your money. Oh, you're not doing this. Oh, you're buying coffee. And it's like, no, I'm literally not doing any of those things. I live paycheck to paycheck every week because I'm trying to pay every bill that the world is throwing at me right now. And the government's response to that is, oh, hey, everybody, aliens are real. We don't give a fuck about aliens. We're trying to afford a roof over our heads. I refuse to continue living my entire life like this. I'm not going to struggle my entire life. I'm just really tired of like not being able to do the things that I want to do. Prices on everything are up from food, gas, rent, 60 bucks to fill up your gas tank. It's one hundred and forty instead of ninety nine cents for eggs. It's fucking three dollars. The rent is going from three grand to five grand. All that shit adds up and wages aren't going up fast enough. They just have gone nowhere. So what did most of us have to do? Myself included, with the extra four hundred dollars a month I was spending on gas, I had to use my credit cards. Even with three jobs now, I'm not even going to make a dent on those credit card bills. I seriously want to know what the end game is, because soon we're not going to have any money for anything anymore. So why the fuck are we working so hard to make money for other fucking people to use and steal our income just for us to never see it? I don't know what to do anymore.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"Welcome to Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin Revolution code breaking news called Traumatic Warfare. We will be your guide through the separation of money and state. El Salvador stays winning breaking tweets from Bloomberg Quote El Salvador president Naim Bukele scared off Wall Street by embracing Bitcoin Two years later the bond rally he's overseeing is proving too lucrative to resist It's almost as if we told you so It's almost as if bitcoins incentives stay winning. Do you remember what the IMF said? What happened when El Salvador embraced a Bitcoin standard? Remember what they said it's gonna cause Financial mayhem it was gonna be horrible for the people of El Salvador boy, oh boy were they proven wrong and Remember what the IMF did in Argentina? They gave Argentina bail up a part of that part of the conditions of the bailout was that the Argentine government had to De-incentivize the adoption of Bitcoin in the country So it looks like El Salvador who didn't listen to the IMF is prospering and it looks like Argentina The government of Argentina better said who did listen to the IMF It's not doing so hot with that hundred plus percent inflation It's almost as if the IMF is not doing good by these countries maybe anyways, I Want to bring up my legendary co-host always optimistic. How you doing? I'm doing wonderful man as Roman said in the chat. It's it seems like ramen is on the menu tonight We haven't got to the numbers yet, but it looks like we got a dip So, hey guys now might be the time to be stacking who knows how much lower it goes, but man It's so fun being a Bitcoiner. These are the these are the days that you live for You know, your blood pressure goes up you realize oh wait, what can I sell today? So that I stack more sad to obviously I literally have nothing left in my house cuz you already know We are all in anyways Yeah, interesting stuff man, I saw this news when this come out like I think it was Wednesday morning and I was like, alright I know I'm doing the show live today and Nico's out So we're gonna postpone this news so that we can get a Nico Jones rant on this But I'm excited to get into this one Nico. This is gonna be a good one. It's gonna be good What are we gonna cover during the culture? Oh, yeah culture. I am just gonna double down I probably said this so many times on the show But people still seem to want to complicate things in regards to what's the best Bitcoin strategy and you know I'm gonna just do a little Opti soapbox today So hey, you know forgive me beforehand you already know what's coming But I want to simplify things for people on and I have a few friends tweets here That we're gonna help me illustrate and elaborate on this point because we're all coming to the same conclusion guys You know stay humble stacks at stay solvent This is the way it's so simple, but people like to complicate things because you know in the Fiat world that we live in Complex solutions Seem to be everyone's favorite thing to be doing and it's very simple guys simplify your life and and your life will improve And that's what we're all here to do is improve our lives moving forward and live a better life and Bitcoin allows this for us So I'm gonna do one of those things 100% 100% guys simply Bitcoin Simply Bitcoin goes live Monday through Friday at 12 15 p.m. Eastern Standard Time And if you don't find us on YouTube, you can find us on alternative video platforms like Twitter and rumble So shout out to our rumble audience, which I know has been growing as of late And if you are listening to us on YouTube, please smash the like button helps push the orange signal forward Help us break a hundred likes within the first hour. We did. I think we've done that for like three weeks I know I know help us maintain the streak. So smash that like button. Let's get the 200. Have we brought 200 yet? That's it. That's a lofty goal. I like that though. Anyways guys no more delay. Let's jump straight into the show We have a lot to talk about today. Let's check it out The Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase Really secure stamp seeds do-it-yourself kit has everything you need to hammer your seed words into commercial grade Titanium plates instead of just writing them on paper. Don't store your generational wealth on paper Papers prone to water damage fire damage. You want to put your generational wealth on one of the strongest metals on planet earth? titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't Going anywhere no risk of the plate breaking apart and pieces falling everywhere Titanium stamp seeds will survive nearly triple the heat produced by a house fire They're also crush proof waterproof non-corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for The long haul stamp your seed on stamp seed Alright everybody. Do you don't want to put yourself in a position where you have to explain to your grandchildren? Why you lost your generational wealth? That's exactly why you should secure your Bitcoin wallet backup seed words on this one of the strongest metals on planet earth Titanium scan the QR code on your screen right now It'll take you directly to the stamp seed website and you can use promo code simply to get a 15% discount Anything on their website at the time of recording the Bitcoin price is twenty seven thousand seven hundred seventy five That's per dollar three thousand six hundred block height eight hundred three thousand six hundred forty five block height blocks to have a thirty six thousand three hundred fifty five having estimate April 20th 2024 total lightning network capacity four thousand six hundred sixty one Bitcoin capacity value 129 million US dollars realized monetary inflation continuing to take fiat currencies to absolute school 1.76 percent market capitalization five hundred and forty billion dollars Bitcoin verse Bitcoin verse gold market cap four point two four percent and That number will continue to rise because Bitcoin has absolute scarcity and nothing in the world does Including gold believe it or not. Anyways, I want to talk about this so It's interesting The song went viral and it's Richmond north of Richmond and we're actually going to talk about that today And if you take a look at the Wikipedia article it says that some of the Again, I'm not gonna touch on any of the culture or political issues, but I want to this is a Bitcoin show after all So I'm going to talk about inflation, right? And also high taxes not from the direct taxation, but from the hidden tax of inflation, right? And they say the songs lyrics around around common right-wing talking points such as inflation Like you guys know the deal here at simply Bitcoin. We don't lean left. We don't mean right Bitcoin is inherently apolitical We played you a video of Andreas Antonopoulos and he was making the case as to why that is I just find it interesting how you know and this is exactly why we stay from politics By the way, because I believe that Fiat governments really have this divide and conquer strategy You know where they pit The political left against the political rights and whoever part would it whichever parties in power the other party that's not in power Blames all of everyone's economic hardships on the party who's in power and then it's like this kind of revolving door But regardless of what power what parties in power the issue remains the same they print a lot of money and that devalues everyone's money who's holding this holding that money and It affects the lower and middle classes Disproportionately because they don't have the means to save in assets Therefore when they print money and the value of those assets rise the lower and middle classes don't benefit from that That's why you hear the the the the same thing over and over again the rich get richer the poor get poorer That's not because capitalism is broken. The free market is broken. That is literally because the money is a wealth redistribution Mechanism so again, like I this is you know, this is like smoke and mirrors like it's like don't pay attention to inflation That's a right-wing talking point, you know, forget about it And that's not only simply Bitcoin saying this we have Walker Walker America is part of the crypto couple very talented content creators and He goes on to say if you truly believe inflation is a right-wing talking point You might want to ask yourself why the other political party is not concerned with these things, right and I Disagree with that in the sense because I think that regardless of what side of the aisle you are in I think it really matters to you if your money is devaluing like if you're purchasing power is decreasing I don't think that is a you know, that is a I don't think that that goes with with a certain Ideology or political belief I truly believe that this is just a divide-and-conquer type of strategy And honestly this song really hit a nerve with people And the reason it really hit a nerve with people is because and the only reason it really hurt a nerve with people The only reason things go viral whether it's a tweet or whether it's a meme is because it resonates with other people People are thinking something very similar and the piece of content that you made whether that's a piece of music Whether that's a meme whether that's text like like a tweet Or a post now that a text.com the only reason it does it performs well is because it's resonating with other people people are Feeling that emotion people are understanding that then this is a song that really resonated with me And I'm sure that it resonated with a lot of you guys I actually want to play the first minute of the song So we can kind of react to it and take a look at the wording and also Remember what I said about the lower and middle classes and how inflation right is really really Hurting them the most inflation is theft inflation is the hidden tax and it affects everybody whether you lean Ideologically to the left or you lean ideologically to the right.
Simply Bitcoin
A highlight from El Salvadors Bitcoin Strategy Draws JPMorgan | EP 805
"Welcome to Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin Revolution code breaking news called Traumatic Warfare. We will be your guide through the separation of money and state. El Salvador stays winning breaking tweets from Bloomberg Quote El Salvador president Naim Bukele scared off Wall Street by embracing Bitcoin Two years later the bond rally he's overseeing is proving too lucrative to resist It's almost as if we told you so It's almost as if bitcoins incentives stay winning. Do you remember what the IMF said? What happened when El Salvador embraced a Bitcoin standard? Remember what they said it's gonna cause Financial mayhem it was gonna be horrible for the people of El Salvador boy, oh boy were they proven wrong and Remember what the IMF did in Argentina? They gave Argentina bail up a part of that part of the conditions of the bailout was that the Argentine government had to De -incentivize the adoption of Bitcoin in the country So it looks like El Salvador who didn't listen to the IMF is prospering and it looks like Argentina The government of Argentina better said who did listen to the IMF It's not doing so hot with that hundred plus percent inflation It's almost as if the IMF is not doing good by these countries maybe anyways, I Want to bring up my legendary co -host always optimistic. How you doing? I'm doing wonderful man as Roman said in the chat. It's it seems like ramen is on the menu tonight We haven't got to the numbers yet, but it looks like we got a dip So, hey guys now might be the time to be stacking who knows how much lower it goes, but man It's so fun being a Bitcoiner. These are the these are the days that you live for You know, your blood pressure goes up you realize oh wait, what can I sell today? So that I stack more sad to obviously I literally have nothing left in my house cuz you already know We are all in anyways Yeah, interesting stuff man, I saw this news when this come out like I think it was Wednesday morning and I was like, alright I know I'm doing the show live today and Nico's out So we're gonna postpone this news so that we can get a Nico Jones rant on this But I'm excited to get into this one Nico. This is gonna be a good one. It's gonna be good What are we gonna cover during the culture? Oh, yeah culture. I am just gonna double down I probably said this so many times on the show But people still seem to want to complicate things in regards to what's the best Bitcoin strategy and you know I'm gonna just do a little Opti soapbox today So hey, you know forgive me beforehand you already know what's coming But I want to simplify things for people on and I have a few friends tweets here That we're gonna help me illustrate and elaborate on this point because we're all coming to the same conclusion guys You know stay humble stacks at stay solvent This is the way it's so simple, but people like to complicate things because you know in the Fiat world that we live in Complex solutions Seem to be everyone's favorite thing to be doing and it's very simple guys simplify your life and and your life will improve And that's what we're all here to do is improve our lives moving forward and live a better life and Bitcoin allows this for us So I'm gonna do one of those things 100 % 100 % guys simply Bitcoin Simply Bitcoin goes live Monday through Friday at 12 15 p .m. Eastern Standard Time And if you don't find us on YouTube, you can find us on alternative video platforms like Twitter and rumble So shout out to our rumble audience, which I know has been growing as of late And if you are listening to us on YouTube, please smash the like button helps push the orange signal forward Help us break a hundred likes within the first hour. We did. I think we've done that for like three weeks I know I know help us maintain the streak. So smash that like button. Let's get the 200. Have we brought 200 yet? That's it. That's a lofty goal. I like that though. Anyways guys no more delay. Let's jump straight into the show We have a lot to talk about today. Let's check it out The Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase Really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade Titanium plates instead of just writing them on paper. Don't store your generational wealth on paper Papers prone to water damage fire damage. You want to put your generational wealth on one of the strongest metals on planet earth? titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't Going anywhere no risk of the plate breaking apart and pieces falling everywhere Titanium stamp seeds will survive nearly triple the heat produced by a house fire They're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for The long haul stamp your seed on stamp seed Alright everybody. Do you don't want to put yourself in a position where you have to explain to your grandchildren? Why you lost your generational wealth? That's exactly why you should secure your Bitcoin wallet backup seed words on this one of the strongest metals on planet earth Titanium scan the QR code on your screen right now It'll take you directly to the stamp seed website and you can use promo code simply to get a 15 % discount Anything on their website at the time of recording the Bitcoin price is twenty seven thousand seven hundred seventy five That's per dollar three thousand six hundred block height eight hundred three thousand six hundred forty five block height blocks to have a thirty six thousand three hundred fifty five having estimate April 20th 2024 total lightning network capacity four thousand six hundred sixty one Bitcoin capacity value 129 million US dollars realized monetary inflation continuing to take fiat currencies to absolute school 1 .76 percent market capitalization five hundred and forty billion dollars Bitcoin verse Bitcoin verse gold market cap four point two four percent and That number will continue to rise because Bitcoin has absolute scarcity and nothing in the world does Including gold believe it or not. Anyways, I want to talk about this so It's interesting The song went viral and it's Richmond north of Richmond and we're actually going to talk about that today And if you take a look at the Wikipedia article it says that some of the Again, I'm not gonna touch on any of the culture or political issues, but I want to this is a Bitcoin show after all So I'm going to talk about inflation, right? And also high taxes not from the direct taxation, but from the hidden tax of inflation, right? And they say the songs lyrics around around common right -wing talking points such as inflation Like you guys know the deal here at simply Bitcoin. We don't lean left. We don't mean right Bitcoin is inherently apolitical We played you a video of Andreas Antonopoulos and he was making the case as to why that is I just find it interesting how you know and this is exactly why we stay from politics By the way, because I believe that Fiat governments really have this divide and conquer strategy You know where they pit The political left against the political rights and whoever part would it whichever parties in power the other party that's not in power Blames all of everyone's economic hardships on the party who's in power and then it's like this kind of revolving door But regardless of what power what parties in power the issue remains the same they print a lot of money and that devalues everyone's money who's holding this holding that money and It affects the lower and middle classes Disproportionately because they don't have the means to save in assets Therefore when they print money and the value of those assets rise the lower and middle classes don't benefit from that That's why you hear the the the the same thing over and over again the rich get richer the poor get poorer That's not because capitalism is broken. The free market is broken. That is literally because the money is a wealth redistribution Mechanism so again, like I this is you know, this is like smoke and mirrors like it's like don't pay attention to inflation That's a right -wing talking point, you know, forget about it And that's not only simply Bitcoin saying this we have Walker Walker America is part of the crypto couple very talented content creators and He goes on to say if you truly believe inflation is a right -wing talking point You might want to ask yourself why the other political party is not concerned with these things, right and I Disagree with that in the sense because I think that regardless of what side of the aisle you are in I think it really matters to you if your money is devaluing like if you're purchasing power is decreasing I don't think that is a you know, that is a I don't think that that goes with with a certain Ideology or political belief I truly believe that this is just a divide -and -conquer type of strategy And honestly this song really hit a nerve with people And the reason it really hit a nerve with people is because and the only reason it really hurt a nerve with people The only reason things go viral whether it's a tweet or whether it's a meme is because it resonates with other people People are thinking something very similar and the piece of content that you made whether that's a piece of music Whether that's a meme whether that's text like like a tweet Or a post now that a text .com the only reason it does it performs well is because it's resonating with other people people are Feeling that emotion people are understanding that then this is a song that really resonated with me And I'm sure that it resonated with a lot of you guys I actually want to play the first minute of the song So we can kind of react to it and take a look at the wording and also Remember what I said about the lower and middle classes and how inflation right is really really Hurting them the most inflation is theft inflation is the hidden tax and it affects everybody whether you lean Ideologically to the left or you lean ideologically to the right.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"It's all going to zero against Bitcoin, but it's going up forever, man. Yo, welcome to Simply Bitcoin Live. We're your number one source of the peaceful Bitcoin revolution, killer breaking news, culture, medical warfare. We will be your guide through the separation of money and state. And I think we're witnessing it firsthand. Breaking news. I think it happened over the weekend. A pro Bitcoin president won the presidential primary, literally destroyed everyone else. I'm talking about Javier Milli. This guy has said, quote, in the past, Bitcoin is the natural reaction against the central banker scammers and to make money private again. Now, of course, can't trust a politician. I just want to start with saying that. But this is in itself, it is it is just you could even call it noise. But this is a continuation of a trend that we're not only seeing in Argentina, obviously, we saw it in El Salvador. We're seeing it here in the U.S. as well. Right. On both sides of the political aisle, on the Democratic side, you had RFK Jr. On the Republican side, you have two candidates. You have Vibek and then Ron DeSantis, which have gone out and said something very similar. Obviously RFK is a more staunch supporter of Bitcoin, he names it by name, but also in the DeSantis camp as well. And then also in Canada, you have Pouliere Polyvart, who is running against Justin Trudeau in the next election. And he's pro Bitcoin, anti central bank digital currency. So it's like this the political momentum is starting to pick up steam. And in five years, I really, really believe this and I really stand by these words. I think it's going to be politically unviable to be against Bitcoin. But why is this happening in Argentina? Well, Argentina is currently enduring more than 100 percent inflation. And when that happens, you know, the the bread and circuses, so to speak, the distractions aren't as effective as they usually are when people can't make ends meet, when they can't save, when they have to buy a used car or washing a washing machine just to maintain their purchasing power, they start to ask questions about the system. They start to ask questions about the money and the powers that be know this. Remember when the IMF bailed out Argentina once again, one of the conditions was that the Argentine government had to deincentivize the adoption of Bitcoin in the country.
Simply Bitcoin
A highlight from Bitcoiner Wins Argentine Presidential Primary | EP 802
"It's all going to zero against Bitcoin, but it's going up forever, man. Yo, welcome to Simply Bitcoin Live. We're your number one source of the peaceful Bitcoin revolution, killer breaking news, culture, medical warfare. We will be your guide through the separation of money and state. And I think we're witnessing it firsthand. Breaking news. I think it happened over the weekend. A pro Bitcoin president won the presidential primary, literally destroyed everyone else. I'm talking about Javier Milli. This guy has said, quote, in the past, Bitcoin is the natural reaction against the central banker and scammers to make money private again. Now, of course, can't trust a politician. I just want to start with saying that. But this is in itself, it is it is just you could even call it noise. But this is a continuation of a trend that we're not only seeing in Argentina, obviously, we saw it in El Salvador. We're seeing it here in the U .S. as well. Right. On both sides of the political aisle, on the Democratic side, you had RFK Jr. On the Republican side, you have two candidates. You have Vibek and then Ron DeSantis, which have gone out and said something very similar. Obviously RFK is a more staunch supporter of Bitcoin, he names it by name, but also in the DeSantis camp as well. And then also in Canada, you have Pouliere Polyvart, who is running against Justin Trudeau in the next election. And he's pro Bitcoin, anti central bank digital currency. So it's like this the political momentum is starting to pick up steam. And in five years, I really, really believe this and I really stand by these words. I think it's going to be politically unviable to be against Bitcoin. But why is this happening in Argentina? Well, Argentina is currently enduring more than 100 percent inflation. And when that happens, you know, the the bread and circuses, so to speak, the distractions aren't as effective as they usually are when people can't make ends meet, when they can't save, when they have to buy a used car or washing a washing machine just to maintain their purchasing power, they start to ask questions about the system. They start to ask questions about the money and the powers that be know this. Remember when the IMF bailed out Argentina once again, one of the conditions was that the Argentine government had to deincentivize the adoption of Bitcoin in the country.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"If the IMF were to give them a bailout, what did they say to the Argentine government? You must de incentivize the adoption of Bitcoin. So is it really about money laundering? Is it really about money laundering? Goes on to say, quote, the gray list contains countries, the body considers deficient and anti money laundering and counter terrorism financing measures, but they are working with it to remedy their shortcomings. Cryptocurrency has been gaining increasing popularity in Pakistan with the annual trading volume going up to 25 billion up from approximately 18 to 20 billion. Banks in Pakistan have already started informing customers that cryptocurrency trading is illegal. It goes on to say this attempted ban comes at a time of political turmoil for Pakistan, while quote the Pakistani rupees value has fallen a staggering 57.4% against the dollar over the past year. So I'm going to say this because I think this is the part where it's an indefensible position for them. They want you to lose some money that decreases in value. They're forcing you to use them money. This is not only happening in Pakistan. This happened in Nigeria. This happened in Argentina in Argentina as the most disgusting out of everything. A 104% inflation supposedly the IMF was set up, right? And I asked Alex gladstein point blank about this at the thank God for Bitcoin event. And we had a fireside chat and asked him. I said, they're lying, aren't they? It's about power and control. So the IMF is not the IMF and the financial action task force. I don't believe them. This is not about money laundering. It's about protecting their moat. This is about destroying that escape valve. And if it means forcing people to endure 57% inflation or a 104% inflation, they don't care. That's fine. What is a bigger threat to financial stability of the individuals of these countries? Bitcoin? Or dealing with 57 to a 104% inflation?
The Café Bitcoin Podcast
"argentine government" Discussed on The Café Bitcoin Podcast
"But things are relatively fine right now, you know? And it's not like we're not at least pointing to the exit and saying like, look over there. There's Bitcoin. You know, you could save yourself, right? So there's this very, very powerful meme opti showed it to me yesterday. And it's like this guy in a barbecue, like he's like really some steaks, and it's like, oh, so the banking system's gonna collapse. And then the bottom text is like, did you see the game last night? You know, and I feel like in normie land, like a lot of people are just, you know, they're distracted by the bread and circuses. Like they just, you know, like the bread and circuses are so strong, the Netflix and chill or, you know, whatever, you know, whatever is your vice that a lot of people are just not paying attention to what's happening. And unfortunately, maybe it's just human behavior that like people have to go through some pain before they wake up and I think we're seeing that in Argentina. Even with the IMF kind of getting their fingers in and saying, look, basically in the bailout that they gave the Argentine government, one of the conditions was that they had to de incentivize the adoption of Bitcoin, kind of slow down the adoption. But there was an article that crypto was startled dropped on Forbes. That's a people are just ignoring that. And it's a very strong statement because think about it. Look, if you have a choice between putting food on the table or, you know, listening to the talking head on TV in the two telling it's your patriotic duty to use the state money, a lot of people are going to choose putting food on the table, you know? And it just sucks that you have to go through that. Some people have to go through that to learn their lesson against. Yeah, I think about that, Niko, what you were saying about how it feels crazy, find out paraphrasing, kind of crazy that how they're just throwing this stuff out there in our faces and making these claims and they're outright like I'm now expanding on them. They're like outright lies. What they're saying, you know, transitory and all these other claims, you know, whatever.
Simply Bitcoin
"argentine government" Discussed on Simply Bitcoin
"We will be your guide through the separation of money and state. We bring on all bitcoiners from the biggest names to the everyday, definitely hit us hit us on Twitter. It is on Twitter if you want to join the show. That's what it's all about. Anyways, today, interesting news. It was actually crypto Gustavo, who's done a great job dropping some articles for Forbes. Kind of talking about the situation happening in Argentina to give a little bit of context, the country was reported to have a 104% inflation, which is absolutely bonkers, part of they also got bailed out by the IMF last year. And one of the clauses, one of excuse me, one of the conditions that the IMF gave to give out that bailout was that the Argentine government had to de incentivize the adoption of Bitcoin or the use of alternative currencies. So I thought that was really fascinating. That was really interesting. Clearly that's not working. And the reason it's not working is something that we've talked about tremendously on this show is when the guy on TV goes on and say it's your patriotic duty to use the state currency, the national money and you have an alternative and that alternative gives you the ability to put food on the table. 99.99% of the people are going to choose the alternative that gives them the ability to provide for their family. So this is something that we don't see in the developed world. We have the financial privilege of living in countries that have relatively stable inflation rates or the inflation rate isn't so high that you're aware of that you're being basically stolen from. So it's a really, I feel extremely optimistic and I'm very bullish about the adoption of Bitcoin in developing countries in the global south.
Impact Theory with Tom Bilyeu
"argentine government" Discussed on Impact Theory with Tom Bilyeu
"That's buried one hundred feet down in the bedrock that's easier you can't move building so. Bitcoin represents the apex property rights of the human race. I'm not mind you. I'm not disputing the ability or the legitimacy of government pass a tax at the end of the day they can tax your goal. They can tax your stocks your bonds. You're building yourself your income. Whatever they want but the point really is. You're a lot more likely to tax the stuff that you walk past. You know every day on the way to work and your end Legitimately you can move yourself and you can move your property if it's crypto to another jurisdiction but you can't legitimately move a ranch in california so your property rights are stronger and the value of the property is higher right. You have a valuable thing in manhattan interesting to see people in manhattan but when you are. Bitcoin is interesting to wealthy people. Everywhere on earth you can liquidate a billion dollars bitcoin on the weekend in any currency you know any any time. Try liquidating a billion dollar building right. That's three year process right. So it's liquid it's fungible is desirable and so that's what makes the asset valuable and it's very it's the. It's the most difficult thing to impair tom. Once i had a million dollars seized by the argentine government. Here's how it happened. I had a million dollars in a bank in argentina in dollars and it was a us bank on on one day they simply pass a law converting it all the peso's and they they converted everybody's everybody's account two pesos in the country. And the next day they devalue the peso tend to one and twenty four hours after they. You know done that. I had one hundred thousand whereas i had a million before and they did it. I mean they did it quickly and easily to everybody in the country now in theory that if it had been property they would've had to pass a law seizing ninety percent of the property of everybody in the country that would not be so popular right to seize the property and wanted to seize ninety percent of the property of everything in the country they would have had to subpoena court in new york or delaware appearance right and there would have been three four five years of lawsuits going on. And if you really wanted to take something you have to kidnap everybody and take them to jail and sweat their private keys out of them. And that's not very practical right at the end of the day. It's not likely that That the governments of all the world will just confiscate ninety percent of your of your crypto assets or your bitcoin. But in fact it's a foregone conclusion that they're definitely going to compensate ninety percent of your currency it's happening one percent a month or two percent a month right now. So all you gotta do is wait between five and ten years and you're gonna lose ninety percent of your purchase of your money if it's if it's currency or a currency derivative and they don't even have to pass a law when running a business. Hr issues can kill you. Wrongful termination suits minimum wage requirements labor regulations and hr manager salaries aren't cheap an average of seventy thousand dollars a year. Bambi spelled b..
KQED Radio
"argentine government" Discussed on KQED Radio
"To investigate January six insurrection of Senate Republicans won't even talk about it. The infrastructure bill, Uh, maybe next month. We're joined now by NPR's senior editor and correspondent Ron Elving. Ron, Thanks so much for being with us. Good to be with you. Scott run 70% of the set of Senate Republicans voted to block even a debate on a bill that would establish a bipartisan Meeting both Parties Commission to investigate theater back on the chamber in which they worked. Which Capitol Hill security defended at risk their own lives. Why not even a debate? Indeed, why the way the modern filibuster works is not like the movies. They don't act it out, hash it out on the floor for days and weeks on end. In fact, it's a prevention of any formal consideration of the bill. It all and we saw that here. Six Republicans did vote to support an independent commission. Nine other Republicans did not vote. And the other 35 just said no. So even when you added in the Democrats, there were 54 votes to proceed and given the Senate rules that bipartisan majority lost. And that left moderate Republicans feeling quite isolated. Indeed, here's Alaska Republican Lisa Murkowski talking to reporters on Thursday. Be making a decision. For the short term political gain. At the expense of understanding. Acknowledging What was in front of us on January six. I think we need to look at that critically. Is that really? What this is about is everything is just one election cycle after another. So yes, Let's be Frank. If you are Republican leader in the Senate, Mitch McConnell. This is about one election cycle after another. He made that very clear in pressuring the party members in the Senate. Getting to the bottom of what happened on January 6th. Might well cashed the former president in a bad light, and at a minimum, it would make conservatives argue with each other. And for McConnell job one is keeping his party. More or less united for the 2022 midterm elections and 2024. I have a feeling Congress couldn't agree on chocolate chip cookies right now. Is there anything they could agree on? Well, yes, There's the China Bill, which is about competing more vigorously with that country. We're talking semiconductor production, research and energy and computers and defense and other critical arenas of competition. There's been real negotiation and true bipartisan cooperation on this And final approval on that bill seemed within reach early Friday on it should get done in June and run. I seem to recall this week that my first words from the crib work. What about an infrastructure bill? Are we close to an infrastructure bill? I think we can all relate. This has traditionally been a place where the party's cooperated. Everyone wants roads and bridges for the folks back home. So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things. But Biden will have to come back later to get his electric vehicle charging stations and other means of making the future possible. On President Biden yesterday proposed to $6 trillion budget for the next fiscal year, of course, begins in October. That almost makes $2 trillion infrastructure bill Pick Eat. How is this being received? Doesn't have a chance. Presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says this president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. Spending numbers of records. The deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets, Frank And some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they it will be a big budget fight this year or in Elving. Thanks so much. Thank you, Scott. Statistics can never fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people sweet. A photograph of a young woman in Argentina went around the world. And the enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip. Thanks for being with us, you're welcome. And please tell us about this photo. Well, it shows a young woman called Lotte. Ari. Yes, she's student age 22. She's lying on the floor of a corridor in a hospital. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though wasn't an icy bed for her By the time she got one. It was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit a nerve publicly. She's she's young and looks like she could be anyone's kid, but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad. But at least everyone's receiving treatment. Unlike some other countries in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating The pandemic has been in Brazil. How do you says how bad it's been in Argentina? Well, it's worse now than it has ever bean intensive care units in the big cities that close to breaking point with 95% occupancy. Yesterday. Another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday on the world for another 560 deaths, bringing Argentina's overall covet death toll to almost 77,000. Certainly it is. Government is lockdown towns and cities since the start of the pandemic Now the big Cities air lock down again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variance these account for 90% of new cases. According to Dr Omar Suit, who's President of Argentina Society of Infect Ology. So it says another reason is that restrictions have simply become harder to enforce the people started. Do not listen to the advice or the health authorities because the people was tiring because the people need to work for some money, but also because there was a lot a lot off confrontation, and a lot of the people who got confused on He doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving Just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew, and that is now about to end. Of course, she'll scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines progressing in Argentina. Well, as you know, you know this fierce global competition for vaccines on like everywhere in Latin America. Argentina's having trouble getting hold of another of them. It's using the Russian Sputnik sign of farm from China and AstraZeneca. More than 20% of the populations had one dose. But scientists are saying that even after most people are eventually vaccinated, targeted restrictions will have to continue because this crisis isn't going to go away any time soon. NPR's Philip Reeves. Thanks so much you're welcome. He called himself a picture writer, but there was not a lot about the way Eric Carl grew up to make you think he'd go on to create books for Children about Bugs, birds, bears and blue horses. He was born in Syracuse, New York, but his family moved back to Germany when he was six..
KCRW
"argentine government" Discussed on KCRW
"No way. This is weekend edition from NPR News. I'm Scott Simon and thank you for joining us today. Capitol Hill's often like into a glacier because you have to stare an awfully long time to see any movement, a commission to investigate January six insurrection Most Senate Republicans won't even talk about it. The infrastructure bill, maybe next month. We're joined now by NPR's senior editor and correspondent Ron Elving. Ron, Thanks so much for being with us. Good to be with you. Scott run 70% of the set of Senate Republicans voted to block even a debate on a bill that would establish a bipartisan Meeting both Parties Commission to investigate theater back on the chamber in which they worked. Which Capitol Hill security defended at risk to their own lives. Why not even a debate? Indeed, y the way the modern filibuster works is not like the movies. They don't act it out, hash it out on the floor for days and weeks on end. In fact, it's a prevention of any formal consideration of the bill. It all and we saw that here. Six Republicans did vote to support an independent commission. Nine other Republicans did not vote. And the other 35 just said no. So even when you added in the Democrats, there were 54 votes to proceed and given the Senate rules that bipartisan majority lost. And that left moderate Republicans feeling quite isolated. Indeed, here's Alaska Republican Lisa Murkowski talking to reporters on Thursday. Be making a decision. For the short term political game. At the expense of understanding. Acknowledging What was in front of us on January six. I think we need to look at that critically. Is that really? What this is about is everything is just one election cycle after another. So yes, Let's be Frank. If you are Republican leader in the Senate, Mitch McConnell. This is about one election cycle after another. He made that very clear in pressuring the party members in the Senate. Getting to the bottom of what happened on January 6th. Might well cashed the former president in a bad light, and at a minimum, it would make conservatives argue with each other. And for McConnell job one is keeping his party. More or less united for the 2022 midterm elections and 2024. I have a feeling Congress couldn't agree on chocolate chip cookies right now. Is there anything they could agree on? Well, yes, there's the China bill, which is about competing more vigorously with that country. We're talking semiconductor production, research and energy and computers and defense and other critical arenas of competition. There's been real negotiation and true bipartisan cooperation on this And final approval on that bill seemed within reach early Friday on it should get done in June and run. I seem to recall this week that my first words from the crib were What about an infrastructure bill? Are we close to an infrastructure bill? I think we can all relate. This has traditionally been a place where the party's cooperated. Everyone wants roads and bridges for the folks back home. So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things. But Biden will have to come back later to get his electric vehicle charging stations and other means of making the future possible. In President Biden yesterday proposed to $6 trillion budget for the next fiscal year, of course, begins in October. That almost makes $2 trillion infrastructure. Bill Petit. How is this being received doesn't have a chance in presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says this president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. Spending numbers of records. The deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets, Frank And some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they it will be a big budget fight this year. Ron Elving, Thanks so much. Thank you, Scott. Statistics can ever fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people. Sweet. A photograph of a young woman in Argentina went around the world. The enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip. Thanks for being with us, you're welcome. And please tell us about this photo. Well, it shows a young woman called Lotte. Ari. Yes, she's student age 22. She's lying on the floor of a corridor in a hospital. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though wasn't an icy bed for her By the time she got one. It was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit a nerve publicly. She's she's young and looks like she could be anyone's kid, but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad. But at least everyone's receiving treatment. Unlike some other countries in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating The pandemic has been in Brazil. How do you says how bad it's been in Argentina? Well, it's worse now than it has ever been intensive care units and big cities of close to breaking point with 95% occupancy. Yesterday. Another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday on the world for another 560 deaths, bringing Argentina's overall covert death toll to almost 77,000. Argentina's government is locked on towns and cities since the start of the pandemic. Now the big cities are locked down again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variance these account for 90% of new cases. According to Dr Omar Suitt, who's President of Argentina Society of Infect Ology. So it says another reason is that restrictions have simply become harder to enforce. The people started to not listen to the advice of the health authorities because the people was tiring because the people need to work for some money, but also because there was a lot a lot off confrontation and a lot off. The people got confused on Doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving Just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew, and that is now about to end. Of course, Field. Scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines progressing in Argentina. Well, as you know, you know this fierce global competition for vaccines on like everywhere in Latin America. Argentina's having trouble getting hold of another one. It's using the Russian Sputnik sign of farm from China and AstraZeneca. More than 20% of the populations had one dose. But scientists are saying that even after most people are eventually vaccinated, targeted restrictions will have to continue because this crisis isn't going to go away any time soon. NPR's Philip Reeves. Thanks so much you're welcome..
WBEZ Chicago
"argentine government" Discussed on WBEZ Chicago
"And the listeners who support this NPR station Thistles Weekend edition from NPR News. I'm Scott Simon and thank you for joining us today. Capitol Hill's often like into a glacier because you have to stare an awfully long time to see any movement. Commission to investigate January six insurrection. Most Senate Republicans won't even talk about it. The infrastructure bill, maybe next month. We're joined now by NPR's senior editor and correspondent Ron Elving. Ron, Thanks so much for being with us. Good to be with you. Scott run 70% of the set of Senate Republicans voted to block even a debate on a bill that would establish a bipartisan Meeting both Parties Commission to investigate theater back on the chamber in which they worked. Which Capitol Hill security defended at risk to their own lives. Why not even a debate? Indeed, why the way the modern filibuster works is not like the movies. They don't act it out, hash it out on the floor for days and weeks on end. In fact, it's a prevention of any formal consideration of the bill. It all and we saw that here. Six Republicans did vote to support an independent commission. Nine other Republicans did not vote. And the other 35 just said no. So even when you added in the Democrats, there were 54 votes to proceed and given the Senate rules that bipartisan majority lost. And that left moderate Republicans feeling quite isolated. Indeed, here's Alaska Republican Lisa Murkowski talking to reporters on Thursday. Be making a decision. For the short term political game. At the expense of understanding and acknowledging What was in front of us on January six. I think we need to look at that critically. Is that really? What this is about is everything is just one election cycle after another. So yes, Let's be Frank. If you are Republican leader in the Senate, Mitch McConnell. This is about one election cycle after another. He made that very clear in pressuring the party members in the Senate. Getting to the bottom of what happened on January 6th. Might well cast the former president in a bad light, and at a minimum, it would make conservatives argue with each other. And for McConnell job one is keeping his party. More or less united for the 2022 midterm elections and 2024. I have a feeling Congress couldn't agree on chocolate chip cookies right now. Is there anything they could agree on? Well, yes, There's the China Bill, which is about competing more vigorously with that country. We're talking semiconductor production, research and energy and computers and defense. And other critical arenas of competition. There's been real negotiation and true bipartisan cooperation on this, and final approval on that bill seemed within reach early Friday. And it should get done in June and run. I I seem to recall this week that my first words from the crib were. What about an infrastructure bill? Are we close to an infrastructure bill? I think we can all relate. This has traditionally been a place where the party's cooperated. Everyone wants roads and bridges for the folks back home. So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things. But Biden will have to come back later to get his electric vehicle charging stations and other means of making the future possible. On President Biden yesterday proposed to $6 trillion budget for the next fiscal year, of course, begins in October. That almost makes $2 trillion infrastructure Bill. Uh, petite. How is this being received doesn't have a chance in presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says this president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. Spending numbers of records. The deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets, Frank And some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they it will be a big budget fight this year. Ron Elving, Thanks so much. Thank you, Scott. Statistics can never fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people. This week, A photograph of a young woman in Argentina went around the world. And the enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip. Thanks for being with us, you're welcome. And please tell us about this photo. Well, it shows a young woman called Ladder, Ari. Yes, she's student age 22. She's lying on the floor of a corridor in a hospital. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though, wasn't an icy bed for her By the time she got one, it was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit a nerve publicly. She's she's young and looks like she could be anyone's kid, but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad, but at least everyone's receiving treatment, unlike some other countries in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating the pandemic has been in Brazil. How do you says how bad it's been in Argentina? Well, it's worse now than it has ever bean intensive care units and big cities of close to breaking point with 95% occupancy yesterday, another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday. And the world for another 560 deaths, bringing Argentina's overall covert death toll to almost 77,000. Argentina's government is lockdown towns and cities since the start of the pandemic. Now the big cities were locked down again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variance these account for 90% of new cases, according to Dr Omar Suitt, who's president of Argentina Society of Infect Ology. So it says another reason is that restrictions have simply become harder to enforce. The people started to not listen to the advice of the health authorities because the people was tiring because the people need to work for her some money, but also because there was a lot a lot off confrontation on a lot off the people that confuse and doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew. And that is now about to end. Of course, she'll scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines Progressing in Argentina Well, it's you know, you know this fierce global competition for vaccines on like everywhere in Latin America..
KQED Radio
"argentine government" Discussed on KQED Radio
"G'kar and the listeners of KQED High Wind advisories on the Bay Bridge, The Golden Gate Bridge, the San Matteo and the Dunbarton Bridge is as well as the Altamont Pass at this hour. Temperatures today ranging from the sixties that the coast and around the base and seventies getting into eighties and then tomorrow a big jump in weather where we're getting some high temperatures tomorrow. I don't think this is weekend edition from NPR news. I'm Scott Simon and thank you for joining us today. Capitol Hill's often like into a glacier because you have to stare an awfully long time to see any movement. Commission to investigate January six insurrection. Most Senate Republicans won't even talk about it. The infrastructure bill, maybe next month. We're joined now by NPR's senior editor and correspondent Ron Elving. Ron, Thanks so much for being with us. Good to be with you. Scott run 70% of the set of Senate Republicans voted to block even a debate on a bill that would establish a bipartisan Meeting both parties Commission to investigate theater back on the chamber in which they worked, which Capitol Hill security defended at risk to their own lives. Why not even a debate? Indeed, why the way the modern filibuster works is not like the movies. They don't act it out, hash it out on the floor for days and weeks on end. In fact, it's a prevention of any formal consideration of the bill. It all and we saw that here. Six Republicans did vote to support an independent commission. Nine other Republicans did not vote and the other 35 just said no. So even when you added in the Democrats, there were 54 votes to proceed. And given the Senate rules that bipartisan majority lost. And that left moderate Republicans feeling quite isolated. Indeed, here's Alaska Republican Lisa Murkowski talking to reporters on Thursday. Be making a decision. For the short term political gain. At the expense of understanding. Acknowledging What was in front of us on January six. I think we need to look at that critically. Is that really? What this is about is everything is just one election cycle after another. So yes, Let's be Frank. If you are Republican leader in the Senate, Mitch McConnell. This is about one election cycle after another. He made that very clear in pressuring the party members in the Senate. Getting to the bottom of what happened on January 6th. Might well cast the former president in a bad light, and at a minimum, it would make conservatives argue with each other. And for McConnell job one is keeping his party. More or less united for the 2022 midterm elections and 2024. I have a feeling Congress couldn't agree on chocolate chip cookies right now. Is it? Is there anything they could agree on? Well, yes, there's the China bill, which is about competing more vigorously with that country. We're talking semiconductor production, research and energy and computers and defense and other critical arenas of competition. There's been real negotiation and true bipartisan cooperation on this, and final approval on that bill seemed within reach early Friday. And it should get done in June and run. I I seem to recall this week that my first words from the crib were. What about an infrastructure bill? Are we close to an infrastructure bill? But I think we can all relate. This has traditionally been a place where the party's cooperated. Everyone wants roads and bridges for the folks back home. So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things, but Biden will have to come back later to get his electric vehicle charging stations and other means of making the future possible. In President Biden yesterday proposed to $6 trillion budget for the next fiscal year, of course, begins in October. That almost makes $2 trillion infrastructure. Bill Petit. How is this being received doesn't have a chance. Well, presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says this president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. Spending numbers of records. The deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets, Frank And some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they will be a big budget fight this year. Ron Elving, Thanks so much. Thank you, Scott. Statistics can ever fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people. Week, A photograph of a young woman in Argentina went around the world and the enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip, Thanks for being with us. You're welcome. And please tell us about this photo. Well, it shows a young woman called Lotte. Ari. Yes, she's student age 22. She's lying on the floor of a corridor in a hospital. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though, wasn't an icy bed for her By the time she got one, it was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit. A nerve politician is she's young and looks like she could be anyone's kid, but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad. But at least everyone's receiving treatment. Unlike some other countries in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating The pandemic has been in Brazil. How do you say so bad? It's been in Argentina. Well, it's worse now than it has ever bean intensive care units and big cities that close to breaking point with 95% occupancy. Yesterday. Another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday on the world for another 560 deaths, bringing Argentina's overall covert death toll to almost 77,000. Argentina's government is lockdown towns and cities since the start of the pandemic. Now the big cities were locked down again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variance visa account for 90% of new cases. According to Dr on my suit, who's president of Argentina's society of Infect Ology? So it says Another reason is that restrictions have simply become harder to enforce. The people is static. Do not listen to the advice of the federal authorities because the people was tiring because the people need to work for her some money, but also because there was a lot a lot off confrontation, and a lot of the people confuse and He doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving Just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew, and that is now about to end. Of course, Phil. Scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines progressing in Argentina. Well, as you know, you know this fierce global competition for vaccines on like everywhere in Latin America. Argentina's having trouble getting hold of another them. It's using the Russian Sputnik sign of farm from China and AstraZeneca. More than 20% of the populations had one dose. But scientists are saying that even after most people are eventually vaccinated, targeted restrictions will have to continue because this crisis isn't going to go away any time soon. NPR's Philip Reeves. Thanks so much you're welcome..
WBEZ Chicago
"argentine government" Discussed on WBEZ Chicago
"So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things, But Biden will have to come back later. To get his electric vehicle charging stations and other means of making the future possible on President Biden yesterday proposed to $6 trillion budget for the next fiscal year course begins in October that almost makes $2 trillion infrastructure Bill. Uh, petite. How is this being received doesn't have a chance in presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says This president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. The spending numbers of records the deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets Frank and some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they will be a big budget fight this year. Ron Elving, Thanks so much. Thank you, Scott. Statistics can never fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people. This week, A photograph of a young woman in Argentina went around the world. And the enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip. Thanks for being with us, you're welcome. And please tell us about this photo. Well, it shows a young woman called Lotte, Ari. Yes, She's a student age 22. She's lying on the floor of a corridor in a hospital. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though, wasn't an icy bed for her By the time she got one, it was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit a nerve public wishes. She's young and looks like she could be anyone's kid but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad, but at least everyone's receiving treatment unlike some other countries in the in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating the pandemic has been in Brazil. How do you says how bad it's been in Argentina? Well, it's worse now than it has ever bean intensive care units and big cities of close to breaking point with 95% occupancy yesterday, another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday. And the world for another 560 deaths, bringing Argentina's overall covert death toll to almost 77,000 coordinated government is like down towns and cities since the start of the pandemic. Now the big cities are like down again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variance these account for 90% of new cases, according to Dr Omar Suitt, who's president of Argentina Society of Infect Ology. So it says another reason is that restrictions have simply become harder to enforce. The people started to not listen to the advice of the health authorities because the people was tiring because the people need to work for her some money, but also because there was a lot a lot off confrontation on a lot off the people that confuse and doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew. And that is now about to end. Of course, she'll scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines progressing in Argentina. Well, as you know, you know this fierce global competition for vaccines and like everywhere in Latin America, Argentina's having trouble getting hold of another one. It's using the Russian Sputnik sign of farm from China and AstraZeneca. More than 20% of the populations had one dose. But scientists are saying that even after most people are eventually vaccinated, targeted restrictions will have to continue because this crisis isn't going to go away any time soon. NPR's Philip Reeves. Thanks so much you're welcome. He called himself a picture writer, but there was not a lot about the way Eric Carl grew up to make you think he'd go on to create books for Children about.
KQED Radio
"argentine government" Discussed on KQED Radio
"This is weekend edition from NPR News. I'm Scott Simon and thank you for joining us today. Capitol Hill's often like into a glacier because you have to stare an awfully long time to see any movement. Commission to investigate January six insurrection of Senate Republicans won't even talk about it. The infrastructure bill, maybe next month. We're joined now by NPR's senior editor and correspondent Ron Elving. Ron, Thanks so much for being with us. Good to be with you. Scott run 70% of the set of Senate Republicans voted to block even a debate on a bill that would establish a bipartisan In both Parties Commission to investigate theater back on the chamber in which they worked. Which Capitol Hill security defended at risk to their own lives. Why not even a debate? Indeed, y the way the modern filibuster works is not like the movies. They don't act it out, hash it out on the floor for days and weeks on end. In fact, it's a prevention of any formal consideration of the bill. It all and we saw that here. Six Republicans did vote to support an independent commission. Nine other Republicans did not vote. And the other 35 just said no. So even when you added in the Democrats, there were 54 votes to proceed and given the Senate rules that bipartisan majority lost. And that left moderate Republicans feeling quite isolated. Indeed, here's Alaska Republican Lisa Murkowski talking to reporters on Thursday. Be making a decision. With short term political game. At the expense of understanding and acknowledging What was in front of us on January six. I think we need to look at that critically. Is that really? What this is about is everything is just one election cycle after another. So yes, Let's be Frank. If you are Republican leader in the Senate, Mitch McConnell. This is about one election cycle after another. He made that very clear in pressuring the party members in the Senate. Getting to the bottom of what happened on January 6th. Might well cast the former president in a bad light, and at a minimum, it would make conservatives argue with each other. And for McConnell job one is keeping his party. More or less united for the 2022 midterm elections and 2024. I have a feeling Congress couldn't agree on chocolate chip cookies right now. Is there anything they could agree on? Well, yes, there's the China bill, which is about competing more vigorously with that country. We're talking semiconductor production, research and energy and computers and defense and other critical arenas of competition. There's been real negotiation and true bipartisan cooperation on this, and final approval on that bill seemed within reach early Friday. And it should get done in June and run. I I seem to recall this week that my first words from the crib were. What about an infrastructure bill? Are we close to an infrastructure bill? But I think we can all relate. This has traditionally been a place where the party's cooperated. Everyone wants roads and bridges for the folks back home. So you will probably see still a trillion dollar package with lots of those roads and bridges and some other things. But Biden will have to come back later to get his electric vehicle charging stations and Other means of making the future possible on President Biden yesterday proposed to $6 trillion budget for the next fiscal year, of course, begins in October. That almost makes $2 trillion infrastructure. Bill Petit. How is this being received? Doesn't have a chance. Presidential budgets are largely wish lists and negotiating positions. Really. Congress has its own budget process and its own committees that actually write the bills that release the dollars from the Treasury. But the Biden budget is an important statement. It says this president wants the government to doom or that it needs to do more and to tax certain people more in order to do it. Spending members of records. The deficit numbers would be, too. We've been doing those kinds of records all the way back to Ronald Reagan in 1980. The difference is this budget is trying to restore some of the safety net. The Reagan budgets, Frank And some of the progressivity in taxation that Reagan eliminated in the 19 eighties. So you can see why they it will be a big budget fight this year or in Elving. Thanks so much. Thank you, Scott. Statistics can never fully capture the immensity of the covert 19 pandemic. It is hard to visualize the loss of 3.5 million lives. Sometimes a single image can reach into people. Sweet. A photograph of a young woman in Argentina went around the world. And the enormity of the lost their has become more visible. NPR's South America correspondent Philip Reeves joins us now from Rio de Janeiro Philip. Thanks for being with us, you're welcome. And please tell us about this photo. Well, it shows a young woman called Lana Ari. Yes, she's student age 22. She's lying on the floor of a corridor. Using her jacket is a blanket in the bag as a pillow. Laura's reportedly diabetic. She was taken to hospital with covert. But though, wasn't an icy bed for her By the time she got one, it was too late. She died a couple of hours later. That image off her alone on the floor has been published all around Latin America, and it's really hit a nerve public wishes. She's young and looks like she could be anyone's kid, but also because the Argentine government's been saying that, yes, that covert crisis in Argentina is bad. But at least everyone's receiving treatment. Unlike some other countries in the region. This image shows that that is not so We've heard so much over the past 15 months about how devastating The pandemic has been in Brazil. How do you say so bad? It's been in Argentina. Well, it's worse now than it has ever bean intensive care units and big cities that close to breaking point with 95% occupancy. Yesterday. Another 39,000 new cases were reported with just shy of the daily record, which was set on Thursday on the world for another 560 deaths, bringing Argentina's overall covert death toll to almost 77,000. There's new. His government is lockdown towns and cities since the start of the pandemic. Now the big cities are locked on again. Wire cases rising well, one part of this is caused by the rapid spread of new variants, including the Brazilian and the UK variants. These account front 90% of new cases. According to Dr on My suit, who's President of Argentina Society of Infect Ology. So, it says Another reason is that restrictions have simply become harder to enforce. The people is static. Do not listen to the advice of the health authorities because the people was tiring because the people need to work for some money, but also because there was a lot alone off confrontation, and a lot of the people of those confused on He doesn't know what to do. The confrontation he's talking about. Scott is political. It's coming from state and city governments who against the national government attempts to impose restrictions because the economy's nose diving Just over a week ago, President Alberto Fernandez imposed semi lockdown closing all but essential businesses and with a nighttime curfew, and that is now about to end. Of course, she'll scientists argue that the only way of reversing the trend is with vaccines. Howard Vaccines progressing in Argentina. Well, as you know, you know this fierce global competition for vaccines on like everywhere in Latin America. Argentina's having trouble getting hold of another of them. It's using the Russian Sputnik sign of farm from China and AstraZeneca. More than 20% of the populations had one dose. But scientists are saying that even after most people are eventually vaccinated, targeted restrictions will have to continue because this crisis isn't going to go away any time soon. NPR's Philip Reeves. Thanks so much you're welcome..
WGN Radio
"argentine government" Discussed on WGN Radio
"W G, and I'm Steve Bertrand s O. We had hoped to talk to Simon Winchester here. He's got a book out called Land. He's an amazing guy. But we're having a hard time connecting with them. So, Kevin, do you do a British accent? I wouldn't say I do one because if I try, it'll be really, really bad. Okay, well, Simon is is a Brit. But he's lived in the US for decades now. Fascinating guy. He wrote a book called The Well, The Man who Loved China, I think was one that was really a big hit for him early on. But then he wrote a book about the Atlantic and the Pacific Ocean's individual books. One The Atlantic and in the Pacific and just traveled the world talking all about different islands in the Atlantic, different influences fascinating stuff. In fact, that was supposed to stay at his house. In the Berkshires. There was going to visit him here, farm there and connected with him. And he said, Oh, I'm at a fjord in Norway working on my book Atlantic. It was fantastic book makes me want to go see the Shetland Islands. But anyway, we're having a tough time connecting with him. So unless you can do a British accent, Stephen shouldn't have done that. I should have done it when, um, that makes me wonder because you have your travel situation for years. What's so, what do you got? When you kind of draw the timeline? One. Maybe you would even a be able to do that again. What do you thinking? When it comes? A train travel we gotta were planning on doing Madrid and Paris in September. We now that I work with you, I get to go. Yeah, you can go sleep one. There was supposed to go last April, I think, and we've pushed it all the way till next fall, And we're gonna do Ireland. I think in October 2 so going on three. So, yeah, you're welcome to I'll show you how much to pay and where to send the money. Um, can you share a discount code for being a fellow co worker? I'll give you a discount s O Simon Winchester. I've talked to him many times. Fascinating guy. He was a correspondent for the BBC in the would have been eighties, I think, and he was in Argentina during the Falkland Islands war. And the Argentine government actually accused him of being a spy for the Brits, and he was locked up as a prisoner of war. Which is pretty. I mean, wow, he the way tell us the story. Now you was never that fearful but pretty shocking to me so well, hopefully will connect with Simon, if not for a two minute interview coming up sometime tomorrow when we have A little more time. I have said Soup news for you, Kevin. Oh, so the soup you picked the three hour vegetable soup three. Our vegetable soup. I was going to go to the grocery store today, and I think it came from Lauren sent it in. I was going to go to the grocery store today and pick up The ingredients, but I read the recipe more carefully, and you have to They recommend that you cook it the day before, let it rest in refrigerator overnight and then skim off the top the next day, so I won't be able to make it for tomorrow. We'll have to make it for Monday. Did you look closely at the recipe? Not that close. I saw the three hours but I think it was Hey, Steve have set because I gave you the most complex beef noodle French onion soup for the first round of soup of stewed beef, short ribs and ramen noodles and so good. Um, no, I didn't. I just saw vegetable soup. I figured that's like the opposite of difficult. You just dump vegetables. Maybe some some You know. Nice tomatoes. Just three our vegetable soup. Yeah, but, like three hour could mean you just Put the ingredients in the pot and then let it simmer for three hours. Yeah, that's not quite it, but But my point is, it's very similar to the recipe I just made, Although not as hard. It's beef vegetable soup. So, but that's okay. I'll bring it in on Monday, and you're gonna make a soup for everyone. Next Friday or one day next week. Yeah, I do. Yeah. Have you found any yet for me? I know you said you were looking for some complex recipes has paid back to me. No, I was looking for complex flavors. Not hard to make Kevin. Okay, So you're gonna make me bounce from store to store to find all the recipe of all the ingredients I did earlier today. Google difficult soup recipes. Nothing came up. But Colleen, who sent us the recipe in the first round to send another one savory, sweet potato vegetable soup. Okay, That sounds pretty good. If you have one sent it to me. Esper Tranda, WGN radio dot com and we'll give it to Kevin doesn't have to be When you make you can go recipe hunting to do you have a favorite soup? Um Have a stew that I make. It's like a chicken kale, Dijon stew, and you just brown the chicken a little bit with flour, So it's got little Chris Penis to it, and it's a Dijon broth within. You will to kale in it, then Potatoes, too, As I recall, Delicious, you know, for me when it comes to soup. I feel like I've had this conversation. Maybe it's just because we brought it up on the air because I've been asking people. No one has talked more about soup in this show. Chicago's after you know to me, it's like where So, for example, the Omega is a restaurant in Niles, or it's called Omega and I've been going there my whole life with Grand parents. My family. And They have a cabbage soup there. Yeah, And it's the zit might be my like, I wouldn't say cabbage soup is my favorite soup. But like that specific cabbage soup might be my favorite soup. If that makes any sense, So I get it. You know when I go there If we got breakfast, I would get cabbage soup to go. If I went for lunch, I would always get cabbage soup. I think it depends on like where I'm getting the soup. Timing time a year. Definitely factors in that's the nice thing about food because you make associations like your family with it and things like that. Here, you up to speed on the Kris Bryant story. Yeah. What Just read the headlines. But he said he's not having fun anymore. It sounds much fun. Wow, This is why it picked up because what happened was Kris Bryant went on Red Line radio, which is a podcast for bar Still Sports and He You know, he essentially said he wasn't Yeah. I mean, he kind of did say that, like the joy wasn't there. You know, there has been kind of a rough few years. Fans have been very aggressive on KB..
Brief History Podcast
The Falklands War Explained
"This episode is on the Falcons will and so we get straight into the Falklands war was a ten week. Undeclared war which we Argentina and the United Kingdom in one thousand nine hundred ninety two over two different territories in the south Atlanta the focus on islands territorial dependency which is south Georgia and South Sandwich Islands. The conflict guy on the second of I pro. When Argentine forces invaded occupied the focus ORLANDS? This was followed by invasion of south Georgia the next day in an attempt to establish the sovereignty claim them over on the fifth of April. The British government dispatched a naval task force to engage each week the Argentine navy and Air Force before making them in February so come the island. This conflict lasted seventy four days and ended with the Argentine surrender on the fourteenth for June. Were turning the islands to British control in total six forty nine auditorium military personnel. It's now on two hundred and fifty richest personnel and three folklore owners died during the hostilities. The conflict was a major episode. In the protracted dispute over the territory's sovereignty Argentina selected our maintains that they were Argentine find territory and Argentine government. That's characterizes military action as the reclamation of its territory the British government regard the action As an invasion of in crime colony since eighteen forty one the folkman islanders who had inhabited the island since the early nineteenth century with predominantly descendants of British cyclists and strongly favored which is shocking Leave estate officially declared war. Although both the government declared the islands of warzone hostilities was almost exclusively limited to the territories UNDIS- disputes and the area South Atlantic where Louis the conflict had a strong effect in both cultures and has been the subject various books articles films on songs uh-huh patriotic sentiment ran high in Argentina. But the outcome prompted large protests against the military government hastened its downfall in the United Kingdom the conservative government boasted by the successful outcome was reelected increased majority the following year the the cultural and political effects of the conflict have been less than the UK done in Argentina where it remains a common topic for discussion. Diplomatic diplomats relations between the United Kingdom and Argentina were restored in one thousand nine hundred nine fallen meeting Madrid a which the two governments issued the joint statement. No change in either country's position regarding the sovereignty of the Falkland Islands were made explicit in Nineteen ninety-four Argentina's in times claim to the territory was added to its constitution in the period leading up to the wall in particular perform transfer of power between the military dictators. General Jorge Raphael Videla and General Roberto Eduardo Viola late in March nineteen eighty see what Argentina have been in the midst of a devastating economic stagnation and large scale civil unrest against the military Giunta that been governor the country since nineteen seventy six in December. One thousand nine hundred what there was a change in the audit time military regime bringing to office. It's a new GENTA headed by General Leopoldo Galtieri Acting President and Averick Adele Lameta an admiral. George Weah was the main architect and supporter of military solution for the long standing claim over the islands calculating and that the United Kingdom would never respond militarily by opt-in for military action the Galateri government hoped to mobilized choice along standard patriotic feelings of Argentines towards the islands. Their star the public attention from the country's current economic problems on the regime's James Ongoing Human rights violations of the dirty war such actions would also boast a dwindling legitimacy the new space last preceding speculated on a step-by-step plan beginning with cutting off supplies to the island and direct actions slate to nine thousand nine hundred two if the UN talks were fruitless ongoing tension between the couteau countries over islands increased the online from March where Military Group of Argentine scrap metal merchants. They actually infiltrated by Argentine Marines raised as the Argentine flag at South Georgia Island. A not that would like to be seen as the first offensive action in the war. The blow navy ice patrol vessel H- H must endure. It was dispatched from standing to South Georgia on the twentieth in response the Argentine Ministry Genta suspect in the UK would reinforce his Atlantic forces ordered the invasion of the fulcrum islands to be brought forward to the second-ranked The UK was initially taken by surprise by the Argentine attack on the South Atlantic islands. Despite repeated wouldn't wooden royal naval captain Nicholas Barker it commanded. They're enjoying anivers- Balka believed that the Defense Secretary John Not Nineteen Nineteen eighty-one review in which knots described plans to rejoin the joins. The Yolk case only naval presence in the in the South Atlantic at center signal not Argentines that UK was unwilling would soon be unable to defend his territories subjects in the Falkland Islands on the Second Night Nineteen eight thousand nine hundred. The Argentine forces mounted on Fabius London's known as Operation Rosario on the Falkland Islands the invasion was met with nominal defense organized by full. Didn't governor Sir. Rex Hunt giving command to Major. Might Norman of the Royal Marines brings the events invasion included end of life. Talent commander Admiral Sanchez supply. Thomas I'm fabulous commanders. Group the attack on Moody Brook Barracks. The engagement between troops of Hugo Santelli on bill trip at Stanley on the final engagement and surrender government. Government has worthy invasion. I reach the U. K.. From auditing solstice. A minister defense operative in London had a short tally tax. Conversation with Governor. Hunt's telex operation confirmed that Argentines on the island and in control later that day BBC journalists Lorrimore Golez spoke with an Orlando at goose green via average rage of who confirmed the presence of a large oftentimes entire fleet and the Argentine forces had taken control of the island richest military operations in the Fulcrum Wolf were given the code thing Operation Culpa and the commander of the Task Force was Melissa. John fieldhouse operations lasted from first of all April nineteen thousand nine hundred to the twentieth of June nineteen ninety two. The British undertook a series of military operations as a means of recapturing the fortunes from Argentine Argentine occupation the British royalty taken prior in second April invasion in response to the events on South Georgia the submarines henchman splendid and H- H Mess Fox and was ordered to South to south on twenty nine March whereas the store ship Royal Flea Cle- exonerate for Austin was dispatched from the western Mediterranean H Messengers North Carrington. I wish to send a third submarine but his decision with deferred due to concerns about the impact on operational commitments coincidentally on the second of March suckering suckering hikmet superb after broke up and it was just seemed was in the press to be heading south that has been since been speculation. The effect effect these reports were panic. The Argentine Genta into invading the Falkland Islands before nuclear powered submarines could be deployed the following day. Join a crisis. Meeting headed by Prime Minister Margaret Thatcher. The Chief of Naval Staff at Henry Leach advise that quote written could send Taskforce Skip. The islands were invaded and on the first April sent orders to a royal naval force. CARRINA LENA exercises in the Mediterranean to provide south-south Phony invasion on the second of April after emergency meeting of the cabinet approval was given to form a task force to retake the islands. This was backed in an emergency session of the House of Commons. The next day on the six by the British government set up a war cabinet to provide today political oversight the campaign this was the CRISCO instrument crisis-management to the British with his remittance to keep under review political or military development relating to the South Atlantic and to report as necessary to Defense Overseas Policy Committee. The Wall Cabinet Matt at least daily until it was dissolved on the twelfth of August although Margaret Thatcher is described as dominating the wool cabinet Lawrence Friedman notes in the official history of the Falkland Islands Campaign that she did not know opposition without concern of however wants a decision was reached. She did not look back and quote on the evening of April. The United Kingdom's nation's ambassador possums for a drop. The president of the United Nations Gertie Council the resolution which condemned hostilities in the media. Argentine ritual from the island was adopted by the council the following day as United Nations. WHO's not council resolution five? Oh two which passed with ten votes in simple when against ends up stations. China the Soviet Union potent UK receive fervor political support from members members countries the Commonwealth of Nations and the European Economic Community Australia Canada New Zealand withdrew that diplomats from bodice Ariz the e say also provided economic support by imposing economic sanctions on Argentina. Auden itself was politically literally backed by a majority of countries in Latin America of crucially knocked chilly and also some members of the Non Aligned Movement. The New Zealand government expelled the Argentine ambassador following the invasion Prime Minister Rob Dune was in London. When will grow finding an opinion piece published in science? He said quote the military rulers of Argentina must not be appeased. New Zealand will back Britain all the way and unquote will cost in on BBC World Service. He told the focus islands. This quote this robot mode do we all think Commu Given our full support total to the British government isn't this endeavors to rectify the situation. Get rid of the people invaded your Country Country Unquote on the twenty for May nine hundred eighty two. He announced that New Zealand would make H. M. S.. Concentrate prey lead. The class frigate valuable to use when the British were could fit to release royal. Navy vessels from the Falcons in the House of Commons almonds. Afterwards Margaret Thatcher said quote the New Zealand government and people have absolutely magnificent in support of this country and the Falkland Islanders just for the rule of liberty of law and quote the French president. Francois Mitterrand declared embargo home. Frenchamn sows thousand assistance to Argentina. In addition from allowed UK act craft warships use of his poor field facilities. That car in Senegal Frans provided dismisal aircraft training. So that Harry pilots could be trained against the French aircraft used by Argentina Intelligence also cooperated with Britain to prevent Argentina from containing more exit missiles on the international market. Kim a two thousand two interview in reference to the support John Not then defense secretary at disquiet France. At Britain's quote greatest tally in two thousand twelve. He came to light that wall. This poll was taken place. A French technical team employed by docile and already in Argentina remained death throughout the world. Despite presidential decree the team had provided material support to the Argentines identify and fixing faults in exit missile launchers. John Not set the unknown. The French team was that beset. It's what was thought. Be Not of any the important and advised that French government denied any knowledge the time that the tech teams that in contrast French intelligence officer maintained a team was that it was in intelligence gathering capacity. Joel not that asked if he regretted his surly praised. The French said he's the French. were quote the excess and always have been an quote. The Sierra Leone government allowed task for ships to refuel preterm. BBC Ten transport aircraft landed on Joel in the Gambia Umbria flight between the UK and Ascension Islands. The United States was concerned. A protracted conflict with the Soviet Union Argentina's Argentina's side and initially tried to meet yet then to the conflict through shuttle diplomats however when Argentina refused the US peace over rituals US Secretary of State Alexander. Hey announced that. The United States would prohibit sale arms to Argentina and provide material support richest operations rations both houses the US Congress passed resolutions supporting us. Parchin sided with the United Kingdom. The into and you S. provided United Kingdom with Sidewinder missiles for use by the Harrier jets President Ronald Reagan approved Royal Navy's Request to borrow the sea curry capable amphibious assault ship. US Awad Jima. If the British lost aircraft carrier the United States Navy developed a plan to help the richest man that Shit with American military contractors likely retired sailors with knowledge of a Jima Systems
Brief History Podcast
The Falklands War
"The Falklands war was a ten week undeclared war between Argentina on the United Kingdom in nineteen eighty two over two different territories in the South Atlantic the focus winans territorial dependency which is south Georgia and South Sandwich Islands the conflict got on the second of April when Argentine forces invaded and occupied the Falkland Islands this was followed by an invasion of south Georgia the next day in an attempt to stop the sovereignty claim them over on the fifth of April the British government dispatched a naval task. also to engage with the Argentine navy and Air Force before making them amphibious assault from the island this conflict lasted seventy four days and ended with the Argentine surrender on the fourteenth of June we're turning the islands to British control in total six hundred forty nine talk military personnel and two fifty five purchase personnel and three Falkland Islanders died during the hostilities inflict was a major episode in the protracted dispute over the territory's sovereignty Argentina asserted maintains that they all were Argentine territory an Argentine government that's characterizes military action as the recommendation of its territory the British governor my regard the action as an invasion of territory in Crime Colin leases eighteen forty the folkman islanders who had inhabited the island since the early nineteenth century with predominantly descendants of British settlers and strongly favored Britches sovereignty leave estate officially declared war although both governments declared the islands a war zone hostilities was almost exclusively limited to the territories UNDIS- disputes and the area Allante with a law. The conflict had a strong effect in both countries and has been the subject of various books articles films on songs patriotic sentiment ran high in Argentina outcome prompted large protests against the ruling military government. Hazy listen it's downfall in the United Kingdom the conservative government boasted by the successful outcome was reelected with an increased majority to follow in the empirical fact of the conflict has been less than the UK done in Argentina where remains a common topic for discussion diplomatic relations between the United Kingdom and Argentina were restored in nineteen eighty nine following a meeting in Madrid which the two government issued a joint statement no change in either country's position regarding the sovereignty of the Falkland Islands Made Explicit in Nineteen Ninety full Argentines claim to territory was added to its constitution in the period leading up to the wall in particular form the transfer of power between the military dictators General Jorge Raphael General Roberto Eduardo Viola late March nine thousand nine hundred what Argentina have been in the midst of a devastating economic stagnation and large scale civil unrest against the Military Gentler that been governing the country since nineteen seventy six in December nine thousand nine hundred there was a change in the auditorium military regime. bring into office in New Jersey headed by General Leopoldo Galtieri acting president an average Adele but the Llama Dosa and Admiral George Weah was the main architect unsupportive of a military solution for the longstanding claim over the islands calculating that the United Kingdom would never respond militarily by opted for military action the gala tear recover go to mobilize the wrong standard patriotic feelings of Argentines towards the islands there started the public attention from the country's economic problems on the regime's ongoing human rights violations of the dirty such actions would also boast a dwindling legitimacy see the new space last press speculated on the step by step plan beginning with cutting off supplies to the island and indirect actions late in one thousand nine hundred eighty two if the UN tokes free ongoing tension between the couteau countries Orlands increased on nineteen March where a Military Group of Argentine scrap metal merchants they actually infiltrated by audience I marines raised the Argentine flag at South Georgia island a knocked that would like to be seen as the first offensive action in the war the Royal Navy patrol vessel hates must endure it was dispatched from Stanley to South Georgia on the twenty fifth in response the audience time miniature Genta suspect in the UK would reinforce Atlantic pulses altered the invasion of the fulcrum islands to people fool with to the second bankroll the UK was initially taken by surprise by the Argentine attack on the South Atlantic Islands despite repeated warnings boil naval captain Nicholas Barker it commanded their endurance anivers- Balk at believed the defense side St John Not one thousand nine hundred one review in which knots described plans to redraw the George the Yolk case only naval presence in the in the South Atlantic had sent a signal to the Argentines that the UK was unwilling would soon be unable to defend his territories and subjects in the Falkland silence on the second April nineteen eighty two the oftentimes forces mounted amphibious London's known as Operation Rosario on the could the invasion was met with nominal defense organized by Fulcrum Islands Governor surrendered hunt giving command to major might normal on on the Royal Marines the events the invasion included on of left commander Admiral Sanchez supply. Thomas I'm Fabius Command There's group the attack on barracks the engagement between troops of Hugo Suntan bill trip at Stanley on the final gauge moments surrender at Government House worthy invasion first reached UK from Argentine sources administered defense operative in London on the show tally tax conversation with governor. Hunt's telex operation it confirmed that Argentines on the island and in control later that day BBC journalists lorrimore Golez spoke with an Oil Linda at goose green via amateur radio who confirmed the Solarge oftentimes fleet and Argentine forces had taken control of the island richest military operations in the fulcrum were given the something Operation Cobra Commander of the Task Force was John Fieldhouse operations lasted from first of all April Nineteen take to the twentieth of June nineteen eighty two the British undertook a series of military operations as a means of recapturing for wins from Argentine occupation though the British royalty taken prior in that second April invasion in response to the events on salary order the submarines h Miss Splendid and H- H Mess Fox was ordered to South to south on twenty four March whereas the the ship Royal Fleet Accelerate our effect for Austin was dispatched from the western Mediterranean h messengers. all currency had wished to send a third submarine with his decision with deferred due to concerns about the impact on operational commitments coincidentally on the second March two separate left Gibraltar and it was just seemed it was in the press to be headed south that has been since in speculation the effect of these reports were panic the Argentine genta into invading the Falkland Islands before nuclear powered submarines could be deployed the following dight join a crisis meeting headed by Prime Minister Margaret Thatcher the chief of Naval Staff at Henry Leach Advice doc quote recent could and should send a task force skip the islands were invaded and quote on the first April Lynch sent orders to NATO force China exercises in the Mediterranean to provide south-south invasion on the second of April after emergency the governor approval was given to foam task force to retake the islands this was backed in an emergency session of the House of Commons the next day on the six April the British government set up a war cabinet to provide day-to-day political oversight the campaign This was the critical instrument crisis management to the British with his remittance the end to keep under review political or military development relating to the South Atlantic and to report as necessary to Defense Overseas Policy Committee the war camping matter at least daily until it was dissolved swath of August although Margaret Thatcher is described as dominating the wool cabinet Lawrence Friedman notes in the official history of the Falkland Islands campaign that she did not know opposition without concern of however once a decision was reached she did not look back end quote on the evening of April United Kingdom's nations on Buster possible and for a draft resolution to the United Nations Security Council resolution which condemned the hostilities and demanded the immediate Argentine ritual from the island was adopted by the council the following day as United Nations who's not council resolution five to which possibly ten votes insulin we'll when against which Panama enfor up stations China the Soviet Union potent the UK received Fervor let's go support from members catches the Commonwealth of Nations and the European Economic Community Australia Canada and New Zealand withdrew that diplomats from bodice Ariz the EEC also provided economic support imposed economic sanctions on Argentina oughtn't itself was politically backed by majority countries in Latin America of crucially not chilly and also some members on Aligned Movement the New Zealand government expelled the Argentine ambassador following the invasion Prime Minister Robert Muldoon was in London when will grow cap on a in an opinion piece published in science he said quote the military rulers of Argentina must not be appeased newseum will back in order wide end quote will cost it on BBC World Service he told the Falkland Islanders quote this World Mood and we all thinking of you and we will give full support total to the British government is in his endeavors to rectify the situation get rid of the that s concentrate elite class frigate available to use when the British could fit to release Romeny vessels from the Falcons in the House of Commons afterwards Margaret Thatcher said quote the New Zealand government and people have absolutely magnificent in their support for this country in Senegal and France provided this minimum aircraft training so the Harrier pilots could be trained against the French aircraft used by Argentine Lena intelligence also cooperated with Britain to prevent Argentina from an exit missiles on the international market in a two thousand two interview on in reference to the support you're not the Dan Defense Secretary at disquiet France at Britain's unquote greatest ally in quote in two thousand twelve. He came to light that we've while this was taking place a fridge technical team Loyd assault and ordine Argentina remained death throughout the world despite presidential decree the team had provided material support
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Argentine submarine found at bottom of Atlantic after year of searching
"The Argentine navy says is located a submarine that went missing a year ago. USA's Chris Barnes has more. Argentine officials have confirmed that the San Juan which disappeared a year ago was forty four crew members aboard was found by marine tracking contractor ocean 0 nearly three thousand feet below the surface in an underwater canyon the subways partially imploded with wreckage scattered along the ocean floor at implosion was a theory of what had happened to this. Based on a noise that was detected shortly after the subs last radio contact the sub went missing last November about two hundred seventy miles off the Pattani and coast. The Argentine government says it does not have the resources to recover the vessel. And those forty four sets of
BBC World Service
Argentine economy minister meets with IMF's Lagarde
"Argentine government workers have held protests in Buenos Aires against new authority measures and unspoiled president Mauricio Macri to tackle economic turmoil. Argentina's finance minister will meet the head of the IMF today. Daniel Gallas reports Argentinians are anxious about the future of their economy. The meeting today between finance minister, nNcholas hav knee, and the IMF Christine Lagarde will be a crucial signal for investors seeking reassurance. Amid the crisis advanced installments of alone are needed for Argentina to pay up its upcoming debts on Monday, the government announced further spending cuts and an increase in taxes to show. It is committed to stopping a run on the peso the national currency president, Molly, so macrey announced that half of his cabinet ministries will be scrapped and a new tax. On exports will be created
Bloomberg Daybreak: Asia
IMF agrees to loan up to $50bn for Argentina
"Radio well argentina has reached a fifty billion dollar thirty six month agreement with the imf with some new inflation and fiscal deficit targets argentina indicated that it plans to draw in the first tranche of the deal but will later treat the loan simply as precautionary imf managing director christine lagarde said well this is a plan owned and designed by the argentine government and morgan stanley had said earlier that argentina will enter a brief recession in the second and third quarters dalian adjusted slightly higher but has tracked pretty close to one oh nine seventy really for the past five hours this morning asian stocks are set for a lower open today we'll see how things move it was a risk off session in the united states and a lot of trouble in emerging markets a slump in brazilian acids added to some of the negative sentiment i characterized it a lot earlier as a big rotation out of growth into value so specifically out of checking the m into value stocks and we did see energy and financials doing pretty well the question on this is is whether this is a one or a two day issue or whether or not it is sustainable dollar fluctuated as doug mentioned we had a really big drop in yields on the ten year down to two eighty eight or so now at two ninety two so we watching that closely in the tokyo session coming up in the next forty two minutes wti crude sixty five ninety eight so pretty big gain their gold doing nothing much in particular thirteen hundred one dollars ten cents all right it's nineteen minutes past the hour let's get a news update here at baxter's in the bloomberg nine sixty newsroom with the big stories making headlines ed all right thank you very much bryan japan's prime minister shinzo obvious met with us president trump says the abduction issues.