40 Burst results for "Casey"
Mark Levin
David McCormick: Bob Casey Jr. Stays Quiet on Philadelphia Looting
"Da Larry Krasner. But bob Casey has been a wall and this is also the result, as you know, of a progressive liberal ideology that wants to defund the police, does not support law and order, puts dangerous felons on the street and uh, and hasn't done anything to stop the fentanyl crisis that's killing people in tensile million around the country. And so this is all coming to a head in our urban centers. Philadelphia is just disgraceful to see. I honestly got bob Casey's always a wall. He's a wall on everything. Um, he's not just not a leader, he's really not a senator. And I'll be honest with you, I can't tell which more senator dim with it. is Fetterman or bob Casey. Now bob Casey supported Fetterman even knowing he wasn't up to the job. Bob Casey is down the line, radical Democrat. He poses as a moderate. His father was moderate. a Bob Casey the son is no moderate. But on a matter like this, when cities in Philadelphia, in our cities, all throughout Pennsylvania are united in their objection to this kind of lawlessness and brutality, and these retail stores now leaving these communities, bob Casey's afraid to speak. So I assume you've challenged him or something or saying, Bob, we can't you? hear
News and Perspective with Tom Hutyler
Fresh "Casey" from News and Perspective with Tom Hutyler
"206. The of city Seattle is on pace to break a record for homicides this year. There have been 62 so far in 2023. The record is 69 set back in 1994. Friday night someone was stabbed to death near T -Mobile Park. The violence has these people on alert. Part closed. I mean, just kind of stay in groups, try to come up with more than one person and just kind of stay together. I'm uncomfortable at different hours of the day roaming around. And I think it's about like being and putting yourselves in non confrontational situations. It doesn't feel like it's just an area. You can't be sure of kind of any area when you're walking around because people can kind of just go off at any point. Como4 reports in the month of September there were 12 homicides in Seattle in September of 2022. There were just four. There were only three in September of 2021. Prosecutors filing the first round of charges against a group of robbery suspects accused of targeting Asian families in Seattle. Six defendants face burglary and weapons charges in connection with a series of home invasions in South Seattle over the summer. Casey McNerney is the King County prosecuting attorney's office telling Como4 it's not clear yet if they will have eventually able to be filing hate crime charges along with state law around hate crimes is very and specific what we're going to do is look to see if we can can prove that if we get additional that information. Police recovered $31 ,000 in cash fentanyl cocaine Mexican pesos ammunition and clothing worn by the suspects during the home invasions. A state lawmaker says she has been receiving death threats for her position on Iran. More from Northwest News Radio's Jeff Bojala. Representative Afar Avar is herself Iranian American born to parents who fled the country's oppressive Islamic regime but her Opposition to sanctions have led many to believe she supports the government of Iran. Baravar tells the Seattle Times she opposes sanctions because they only hurt the Iranian people and have little effect on the nation's leadership. She says she's has also received death threats for not overtly supporting protests over the death of Masha Amini, a young woman killed in Iranian police custody for allegedly violating the country's hijab law. Faravar even penned an op The -ed in Stranger outlining her positions and calling for the threats of violence to stop. Jeff Bojala, Northwest News Radio. Republicans and Democrats disagree on how to fix a gerrymandered legislative district. The summer of federal court found that the 15th legislative district covering Yakima and parts of Pasco to was illegally dilute drawn the power of Latino voters. According to Crosscut, Democrats are okay with a judge deciding on a new map, but Republicans want the redistricting commission to decide. However, having the redistricting commission draw up a new map would require a special session of the legislature, which would in turn require action by the governor or a two -thirds vote of lawmakers. After the 2020 census, the 15 legislative district was redrawn, but was found to be especially gerrymandered as commuters driving from Yakima to Pasco would have to district leave the and pass through two others before returning to the 15th. Well, we've already known Washington's minimum wage was going up. Now we know by how much. Here's Northwest News Radio's Corwin Haake. From $15 74 cents an hour now to 1628 January 1st. That's what the State Department of Labor and Industries is saying as it adds 54 cents an hour to what was already the highest statewide minimum wage in the country. Every fall, LNI announces the coming year's hike. It arrives at a number by calculating more than 200 average costs for food, beverages, housing, transportation and other common household expenses. The new rate will be the highest among states, although Washington D .C.'s new minimum be will 72 cents an hour higher. The federal minimum wage remains $7 .25 an hour unchanged since 2009. Corwin Haake, Northwest News Radio. Northwest News Time 2 10. It's kind of fun sports from the Beacon Plumbing Sports Desk and Bill Schwartz and on the Seahawks. East Rutherford, New Jersey, where two in one Seattle plays one and two New York Giants. He started his NFL career with the Jets Monday night game, you know, primetime game. Uh, you know, Wait, can't you know, can't wait. Just another opportunity for us to go out there and prove ourselves against another good defense. The Hawks are slight underdogs of 5 15 kick off tonight on ABC Como TV for Washington State had a bye weekend, but the Cougars move up three spots to number 13 in the Associated Press pool. WSU plays UCLA at the Rose Bowl Saturday afternoon, seventh ranked Washington number eight Oregon on a collision Course, they'll meet one o 'clock October 14th at Husky Stadium, a promising Seattle Mariners baseball season ends Sunday with a one nothing victory over Texas. The M's were 88 74, but not quite good enough for a playoff berth. Here's Seattle shortstop JP Crawford. Take this feeling into the off season every day. Just every time you're working out a train, just remember, you know how much it pisses you off. Monday night preseason hockey at Seattle Center. The Kraken skate against Edmonton Sports with sports at 10 and 40 after the hour. Northwest News Radio Northwest News Time 2 11 Ukrainian attack drones are causing panic in Russia. Exploding in the Russian city of Slomensk in video circulating online on the battlefield, Ukraine's counter offensive grinding on with Ukrainian commanders now predicting a long war of attrition. This assault brigade training for its next attack right near the battle zone. These men have just come off the front lines. They've got to get this right on the Russian positions quickly when they go back into those fierce battles again. President Biden saying the US will not walk away from supporting Ukraine after
Mark Levin
David McCormick: Bob Casey Has Supported 98% of Biden's Policies
"Could not put your finger on a single thing that he's done from from is what arguably one of the most significant states in the country, the birthplace of our country and a battleground state. But here's the thing, Mark, that is just shocking. Under Joe Biden, Bob Casey has voted 98 % with Joe Biden. He's a rubber stamp that has over and over again supported the policies that are taking our country in a terrible direction, whether it's the border, inflation, law and order. And so this is emblematic of someone who's not actively fighting for the interests of Pennsylvania, but has essentially adapted of the terrible policies of Joe Biden. And that's why I believe that when presented with an opportunity to vote for someone who's going to fight for them, who's an independent leader, who's going to fight for the people of Pennsylvania and who's going to act as a leader, I think that there's a real chance that Pennsylvania's will will make the different choice. And I'm going to work hard during their vote. Well, the Democrat ruling class in Pennsylvania is frightened of you. The governor put out an edict, which is intended to harm your election chances, automatic voter registration. He did it without any legislation from the legislature in Pennsylvania. That's directly aimed at you, I believe. case In of the Bob Casey, what he does is he overwhelms the airwaves. It's very expensive in Pennsylvania. You have all these these big cities, but you have these sort of cluster areas of big cities with suburbs. And so the media market is very expensive, and he expects to overwhelm you with all kinds of donations from Schumer, the hard -left Democrat billionaires, and all the rest of it. And this is why I've endorsed you, because I think you're good you're on the issues, a good debater, and you have at least some finances, significantly so, to take
Morning News with Manda Factor and Gregg Hersholt
Fresh "Casey" from Morning News with Manda Factor and Gregg Hersholt
"In the KOMO 4 Weather Center, meteorologist Kristen Hark. Raining in Seattle right now where it's 57 degrees, Northwest News Time 106. Opening statements are expected this week at the trial of the three Tacoma police officers charged in connection with the death of Manny Ellis in 2020. Two Tacoma police officers are facing charges for second degree murder and manslaughter, and third a for manslaughter in Ellis's death. Advocates for police accountability say this trial is historic in many ways. It is the first criminal case against police officers to go to trial once voters pass I -940 in 2018. Prosecutors now no longer have to prove malice or ill intent behind officers use of force. Voters wanted this badly and I think we're all watching it. For Leslie Cushman, who was the citizen sponsor of I -940. She's watching the first time legislation she worked on will be put into practice. What we're gonna see is that is our statute useful? Is it written so that a prosecutor can apply it and a jury can understand the charging requirements. 30 seats will be reserved in the courtroom each day for members of the public to come and watch the trial. Proceedings will also be live streamed through Pierce County's website that trial expected to run into December. That's coma 4's Lin -Ann Nguyen. Prosecutors filed the round first of charges in an ongoing investigation of home invasion robberies. Police say a group of robbers targeted Asian families in Seattle. Here's Casey McNerthne with the King County prosecuting attorney's office. These charges that we filed right now are the charges that we believe with the current evidence that we can prove beyond a reasonable doubt. Prosecutors filed unlawful possession of a firearm charges against four who have prior criminal records and robbery charges against a 16 year old who is now held in youth detention. This certainly is not the end of the road. We expect to get significant amounts of information from Seattle police. Pictures from Seattle police show part of what officers found during series a of search warrants. $31 ,000 in cash, guns, drugs and ski masks. Police say they're still working to see if these guns are connected to other shootings in what has been violent a year in Seattle. That's coma force Jeremy Harris. The Spokane City Council is being urged to pass another moratorium on new housing developments even as the booming region faces a desperate need for more housing. A group called Citizen Action for Latah Valley is pushing the idea of another moratorium. The region includes several neighborhoods off US 195 south of I -90. Kai has lived there for 15 years until KHQ traffic and escape routes in the event of fire already are compromised. And new plan developments without widened roads and other infrastructure improvements are a recipe for disaster. Fortunately we're probably lining up ourselves for loss of life whether it's from traffic related or for fire. Nearly 400 million dollars of promised and sewage infrastructure have yet to happen. Part of that money would build a new fire station. The current fire station operates out of a home the city purchased in 2015 and then remodeled via makeshift fire station. Carlene Johnson, Northwest News Radio. A legislative district in central Washington needs to be redrawn but the parties disagree over who should do it. Northwest News Radio's Jeff Poggila explains. This summer court a found that the 15th legislative district which encompasses Yakima and parts of Pasco was illegally drawn dilute to the power of Latino voters. Democrats appear content with a judge deciding on a new map according to Crossgun but Republicans argue the state redistricting commission which drew the original map should handle the job. However in order for the redistricting commission to do it a special session of the legislature would be required. After the 2020 census the district was redrawn but was found to be especially gerrymandered as commuters driving Yakima from to Pasco would have to leave the district and pass through two others before returning to the 15th. Pojola, Jeff Northwest News Radio, coming up after sports. I'm Brian Calvert. A three -week journey is completed and something very sacred is now back home on tribal land here in the northwest. First to the Beacon Plumbing Sports Desk for an update from Bill Swartz. A winning Mariners season falls just short of the playoffs. Huge crowds all weekend at Seattle's T -Mobile Park trying to will the Mariners into season. Saturday's 6 -1 loss to Texas coupled with Houston's win prevented the M's from the playoffs two years in a row. Here's skipper Scott Servitz. We've got many big years ahead of us.
SI Media Podcast
A highlight from Andrew Marchand on MNF, McAfee, Swift/Kelce Coverage & More
"Sick of paying $100 for groceries and getting nothing but eggs, orange juice, and a paper bag? Then download the Drop app. Drop lets you earn points with your everyday shopping and redeem them for gift cards. Want a free dinner with those groceries? Drop it. How about daily lattes? Drop it. So download Drop today and get $5 just for signing up. Use invite code getdrop777. How rude, Tanneritos. A Full House rewatch podcast is here. Join us as hosts Jodie Sweetin and Andrea Barber look back on their journey together as the iconic characters we all love, Stephanie Tanner and Kimmy Gibbler. Here's a quick preview brought to you by the Hyundai Tucson. We spent our entire childhoods on a little show called Full House, playing frenemies, but becoming besties whenever the cameras weren't rolling. And now 35 years later, it's our biggest adventure yet. You can listen to How Rude Tanneritos on the iHeartRadio app or wherever you get your podcasts. Brought to you by the Hyundai Tucson. It's your journey. Welcome, everyone, to SI Media with Jimmy Traina. Thank you so much for listening. The usual periodic check in with Andrew Marchand from the New York Post this week. He joined the pod to talk about a variety of topics in sports media. We get into the ABC ESPN Monday Night Football staggered star double headers. We get into how ESPN and the ESPN and Pat McAfee marriage is going. Deion Sanders stuff. How the media has handled Taylor Swift and Travis Kelsey. What's going on with WWE and Monday Night Raw most likely looks like it's going to be on the move. Andrew had some stuff on that. A couple of things about local New York radio. So a bunch of sports media topics with Andrew Marchand on this episode. And then Salicata joins me as he does every week for our train of thought segment. Where we get into some NFL things about the Eagles. Should the NFL ban the Eagles one yard play. Joe Namath and Lou Holtz making headlines. Get into these ridiculous prop bets on Taylor Swift and Travis Kelsey. And Sal has a rough Sunday coming up. So if you're a fan of the train of thought segment, you'll want to hear that. Before we get to the full episode. I want you to make sure you listen to past episodes. If you've missed any and make sure you subscribe to us. I media Jimmy trainer. We've had a great run of guests. Kevin Clark from ESPN was on the show last week. Scott Hansen hosted the NFL Red Zone channel two weeks ago. Julian Edelman three weeks ago. Charles Barkley, Peter Schrager, Chris Russo, all recent guests. So if you missed any of those, give them a listen, download, subscribe to the pod and leave a review on Apple. We'll read it on an upcoming episode. All right. Andrew Marchand from the New York Post, followed by Salicata and train of thought. It's all coming up right now, right here. On S .I. media with Jimmy trainer. All right, training me now. S .I. media podcast regular. This periodic visit from the New York Post. And the March and Iran podcast is Andrew Marchand. Andrew, how are you? I'm good. How you doing, Jimmy? I'm good. I just realized I didn't put my phone on do not disturb. So I'm going to do that as we speak. And I'm going to let you know that I had a reader last week for my mailbag column on S .I. com, send it an email and said, when is Marchand's next appearance? So here we go. You made someone happy. Thank you that person. You made someone happy by coming on today. Let's start with this. A lot of media news to get to. Have you heard anything from ESPN or do you have any intel about how they feel about the last two weeks? How the staggered Monday Night Football doubleheader has gone? Because I've gotten a lot of emails and tweets about it. I'm sure you have as well. Yeah, I haven't talked to anybody specifically about how they feel about it. I mean, it is an NFL decision. ESPN is not in control of how those games are scheduled. Maybe they have some say, but it's the NFL decision. Yeah, I don't like it. Actually, in our podcast with John, it was my who's down this week. And the reason I just feel like I kind of said this on our part, it's too it's like having two quarterbacks and you have none. Right. And now if you have Joe Montana and Steve Young, there are two awesome games. Maybe that'd be better. But I just find my attention split and I don't know. And even at like halftime, I wouldn't recommend you go to the other game. Like I get what they're trying to do there, but it's not the NCAA tournament. And usually it's in like the second quarter, third quarter. So I personally don't think it really works that well. Now, I think they want to avoid I'm not positive, but I think they want to avoid that 10 30 late window. We used to get the Monday night and you get the, you know, crazy crew, either Chris Berman or Golick and Greenberg, you know, some of those crews back in the day. They probably don't want that late night game where, you know, you're losing that East Coast audience if it gets too late. But I don't know. I don't think this necessarily works. See, I like it. And what are the tweet? What are the tweeters say? Most people seem to not like it. Yeah. And why do you like it? The more the merrier. Give me as much football as possible. If I can watch eight games at one o 'clock on Sunday and four or five games at four o 'clock on Sunday, I can handle two games on Monday night. So, you know, I have two TVs. I put one game on each TV and two is better than one for me. That's just how I feel. Yeah, I've been a little running around these last couple of Mondays when this happened. So I may be a little bit, you know, my opinion skewed a little bit by that. It hasn't just been like I'm just chilling and watching, been running around a little bit. So perhaps that's, you know, maybe I could be swayed. I will say, you know, I don't know. This is a whole separate discussion. I would love to know your take on this, but I always feel like it's a little tough sometimes to criticize people in this podcast when I also have to book this podcast. So I try to be careful. Yeah, I notice you're very soft. That's what you're trying to say. Sometimes. So I'm sure this guy will never come on again, but they gotta do better than Chris Fowler on the secondary game. Just not, it's just not working. Chris is not a great play -by -player. Right. He was a great host, studio host. Can I say one thing? Yeah. He's on tremendous tennis. Like I watch the U .S. Open every single day. I think he's great on tennis. It's football where it's just something feels off. Well, tennis is also slower. And like you look at people who do really well at the slower sports. Like, you know, Jim Nantz is better than Chris Fowler, but Nantz is really his best thing is golf. And I think he's an OK NFL play -by -player. And at the end of his college basketball run, he was definitely, I don't know, OK is probably, you know, he was OK there as well. And I think if you look at Fowler and his history, now he's been doing play -by -play for a while now. And he has gotten better. Like when he first started on the number one crew, I mean, if I were covering it then, that would not, I probably would not have been that kind. Because he has gotten better, but it's not really good enough. And he's the rare case, I think with Herb Street, that Herb Street makes him better. Usually it's the play -by -player who makes the analyst better. And yeah, I think you're right. And I also think, you know, in fairness to Fowler, you know, ESPN put that crew together. They replaced Levy there and they had a year or two under their belt together as a team. And, you know, not the full team, but him and Riddick, Levy and Riddick, and then Jadolowski. And I think they kind of don't, they underestimate chemistry. It takes time to build it up. And so I think that hurts. And he just, he's a college guy too. It's hard just to come into the NFL. I know he, you know, he's talked how hard his schedule is with the U .S. Open. And then, you know, doing a game a couple days later. And then doing a college. And so, you know, that's hard. And so, yeah, he's not a tremendous play -by -player. To me, this is just me, it felt like when ESPN gave him that gig, it was more about ESPN trying to impress the NFL. Like, look, we have our number one college game. Like you had said earlier, the secondary Monday night game for years was, you know, Golic and Greenberg and Chris Berman with a cast of character. Rich Ryan did it one year. I think this is ESPN trying to say to the NFL, because now they have a Super Bowl and they have this big contract. And, you know, they brought in Buck and Aikman. Like, we're serious, we're going to take our, regardless of what you think about Fowler, he's their lead college guy. So, I feel like they're like, oh, look at us, we're putting the lead when, you know, that. Yeah, I think they screwed up and I think they know they screwed up. I think that they ended up shifting who was in charge of the NFL. It was Stephanie Drewley. And they moved her off the NFL after, you know, I think that didn't help her cause in terms of staying on the NFL. I think they were satisfied with Levy. He was a good guy, which they value. After they brought in Joe Buck, he was very gracious. You know, Levy's a very good hockey guy, especially studio host. I thought he could have, you know, could have been the pregame show on Monday Night Football. He's in, again, not their, in my opinion, they had other people who are better play -by -players for football, but it was good. Like, so, yeah, I don't think it was to impress the NFL. They got Joe Buck and Troy Aikman. They got the Mannings. I mean, they spend, they're spending 50, 60 million dollars a year on their booths. Like, I don't think the second team booth is gonna, you know. If anything, I think it was, there was a thought before Buck and Aikman that Fallon and Herb Street might get the NFL. Might get Monday Night Football. Might get the potential Super Bowl. And then this is kind of a carrot since they didn't get it. But I'd argue, and I even talked to Chris Fowler about this. So, I don't know if this is the case. I just don't know if, I mean, Chris Fowler does the national championship. He does the biggest college game every week for Disney. I can't, like, I get it. Maybe he wanted to do NFL. But is this really gonna satisfy him because you're doing a second game, which generally aren't that great? I don't, I don't see that long -term, personally. And I think also, strategically, if I'm ESPN, I'm putting a young play -by -player. Now, Joe Buck, we both think it's great. Like, he and Ian Eagle are the best two play -by -players going right now. And, um, but, Joe Buck's contract's up in a couple of years. If I'm ESPN, and I, you know, I think they'll probably re -sign Joe Buck, and they should. That said, he makes a lot of money. And, you know, I would be saying, who can I develop? What young guy can I develop? So when I go into that negotiation, I really have somebody who's on the rise. And I can say, hey, look, you don't want this, you know, the 15 million a year? Then we'll go here, you know? But if you start demanding, I'm not saying this is going to happen, but, demanding even more and more money, I'd want an option. I don't think they've created an option. They've actually put somebody in that spot who they've already said they'd rather spend 15 million dollars on Joe Buck than have Chris Fowler as the lead play -by -player. So, I just think negotiation -wise, and strategically, in terms of saving money, it wasn't a great decision. Yeah. I don't understand the insistence on the three -person booth, either. They had Fowler, Greasy, and Riddick. Excuse me, excuse me. Levy, Riddick, Greasy. Now it's Fowler or Lofsky, Riddick. To me, that, and, Fowler's used to a two -person booth with Herb Street. They have Buck and Aikman, which is a two -person booth. I don't understand the insistence on the three -person booth. It's just, for football, it just, I don't get it, but, that's just my - It complicates, it over -complicates it. Yeah. And like you said, chemistry. I think it's much harder to develop a chemistry with three. I mean, you know, the local Mets situation is different with Gary Cohn, Ron Darl - Is it in baseball, is it football? What three men, can you name - I mean, I guess back in the old Monday Night Football days, there were three men booths that had - Yeah, Collinsworth and Aikman with Buck that one year. Yeah, one year it lasted, you know. So, I don't know. But, there's no more staggered double -headers. The next one is week 14, and both games will start at 8 -15. I think that's the one that's going to piss a lot of people off. But, that's a long way down the road. You got the two TVs. Yeah. I asked you if ESPN, how they feel about Monday Night Football. Anything you've heard about how they feel about their new partnership with Pat McAfee. I mean, it's early, but they're bullish on it. I mean, they've kind of handed the keys to the network to McAfee. I mean, you can't - it's kind of like Stephen A. now. You can't really turn on ESPN almost every day except basically Sunday without seeing Pat. And so, you know, I think initially the ratings weren't that good. I think they got a little better in terms of the TV ratings. I think that kind of makes some sense because if you think about it, he was a YouTube show. Yeah, he's got to play for TV. Yeah, and he's still a YouTube show. Well, it is a play for TV because they think that they had Max in there before. They think that the ratings will be high enough that they'll be able to charge more for the ad rates. I guarantee you the money they'll make off of McAfee on social media and YouTube will be 8 billion times more than the money they made off Max Kellerman on social media. Oh, 100%. No, you're right. No, you're right. There's no doubt about that. And look, they want to get, I will say this, like, does it work? I think a lot of times when companies make big moves, you know, big time moves, a lot of times they make those moves when the person's kind of towards the end, you know, they got McAfee on the rise. Like, you know, we, you know, you and I have been aware of McAfee for years now, but he's really like, you know, here, I don't think he's at the plateau, you know, where most people go up and then they plateau and then they go down. He's at, he's still, I think, going up and then maybe the plateau is on the horizon and you can plateau for 20, 25 years if you have the right attitude and personality and just have the right act. So that's where I think that makes a lot of sense as a bet because it's not, I'll hit one close to home, Rick Riley leaving ESPN. I mean, leaving SI for ESPN where, you know, Rick Riley is one of the great columnist ever, but at that point, you know, whatever, maybe it was the internet, I don't know exactly. It just didn't really work as well at ESPN as it did at SI. And so I just think they've done that and that's kind of, you know, teams do that in sports and I think sometimes networks do that. And so I feel like signing McAfee in his mid -30s is kind of like signing a baseball free agent who's in his mid -20s and I think that's what you want to do as opposed to getting a, signing a 35 -year -old and, you know, thinking they can still play, you know, like, I don't know, like a Josh Donaldson, maybe trading for someone like that, Jimmy. You see what I did there? I don't need reminders of the horrific Yankee season. I just did that on purpose. I don't need that. My head was going, who am I going to say? All right, yeah, Josh Donaldson, but it was a treat. Just a, yeah, you want me to say Brian Cashman should be fired. It's amazing too, they replay that. I didn't know this was going to be the situation going into it, but they replay the show as soon as it's over, I think, on ESPN 2 and then they replay it at night on maybe ESPN News or one of their, what you said about if you're going to put on one of the ESPNs at any point in the day, you're going to see Pat McAfee. Yeah. So that's good for him. Like I, you know, people feel like - But I also think, ESPN has to be, they have Aaron Rodgers on their air every week. It's a news making thing that's on their air every week. They've got Nick, he's got Nick Saban on his show every week. Yeah. That's a news making thing every week. I would think ESPN has to be, forget the numbers because the numbers, I think, will be there. It's still a new thing. You have, the ESPN audience is older, the McAfee audience is younger, it might take some, but I would think ESPN just on the brand and the cachet of that show has to be thrilled. I think so. I mean, but if you talk, like I have, again, I'll probably make some calls here in the near future, but so I haven't talked specifically with anybody about that. But generally speaking, when these things first start, everyone loves it. So then we'll see. Again, I'm not saying, I could see it either way. Like, you know, McAfee has not really stayed at any of these, throughout any of these contracts he's had. So that's something to watch. Maybe this one he does, but that hasn't been the case previously. So that is something. I think the fact that he's on game day has to help the relationship there a little bit with ESPN. Here's the thing about McAfee. If you're managing him, in my opinion, and it's like Casey Jones, the former coach of the Celtics, was known for just throwing out the ball and telling McHale, Parrish, and Bird to go play, Dennis Johnson. At least that's how I remember as a kid. That was his reputation. And I think McAfee is sort of like that. Just give him the ball, let him do his thing. He's not looking to, you know, for some strategy. Let's, you know, triangle offense. He's not looking for that. He's looking for, let me do my thing. I know what I'm doing. And the thing about McAfee is he's very smart. Like, I know he plays this, like, he's not smart thing. It works very hard. He works hard and he's very smart. He's very savvy. He acts as if, like, you know, maybe he's, you know, just a dumb jock. But he understands the media business very well. We need, we need to discuss the Kelsey Taylor Swift thing because I actually think it's a legitimate media story. If Fox is going to get these increase in their demographics of the female audience, the young people, the NFL has gone all in on this thing. I mean, they changed their Twitter header to, like, a Taylor Swift thing. They're putting out Travis Kelsey Swiftiest plays on their social media. He's gained, I guess, a ton of followers, the jersey sale. Let me start with this. How did you think Fox handled it on Sunday when she was in the stadium? Do you think they overdid it? Do you think the fact that they had an unwatchable game takes them off the hook? What was your take on the Chiefs -Bears on Sunday when she was there? I think the second part, and I wouldn't take them off the hook, but I think the second part, you have an unwatchable game that you had to switch most of the country out of because it was so non -competitive, that you have Taylor Swift there, it's a big deal. And, you know, there's a lot of Taylor Swift fans who are football fans, a lot of non -Taylor Swift fans who weren't watching that game, but it was a talking point, right? Like, I saw Taylor Swift in the concert this summer, but that was kind of - Look at you! Yeah, how do you like that? Look at you! You couldn't even get tickets. Big shot. Where'd you get tickets? My daughter's friend just won the lottery. No shenanigans. Oh, really? Tickets were $235 each, which is still a lot of money, but not, like, $1 ,000. And it was just kind of happenstance, how I ended up going. I was going to say, if your daughter's friend got tickets, how did you end up at the era's tour? I mean - Were you, like - It's just a long drive to get to the metal lands, didn't want them driving back. They're older, they can drive, but at, you know, one o 'clock in the morning from Taylor Swift, so - But you were in MetLife and watched the show. Yes. Friendship bracelets? Well, you want to know something funny? This is a good one. So, my daughter's friend said to me, do you want a - do you want a jewel? And I'm like, no, no, no, I'm okay. Thinking she's saying a jewel, like a jewel, smoke. But she was saying, like, to, like, get bedazzled, a little jewel, which I would have taken. So later, I was like, I told my daughter, I said, but your friend, she said she asked me if I wanted a jewel. She's like, no, no, she didn't say you wanted a jewel. She said, do you want a - a jewel to put some ju - you know. Right. I didn't have any bracelets, but I was into - I liked Taylor Swift. I wouldn't go again. I kind of felt bad being there, because there's people who give their left arm to be there. But it was - look, she is an unbelievable performer. I mean, it was - you could - first of all, I liked some of her songs. Secondly, the level of performance. It was just, you know, it was an A+. I mean, that - that - and that is something, even if you didn't like her music, you can appreciate it. And also, I appreciate it if I had to go to the bathroom. Easy pass right in there. No one. Right. No one's leaving their seat except for people like you who aren't in it. Yeah, and especially, yeah, and more skewed women.
Morning News with Manda Factor and Gregg Hersholt
Fresh update on "casey" discussed on Morning News with Manda Factor and Gregg Hersholt
"The Comerford Weather Center, meteorologist Kristin Clark. In Seattle right now have we cloudy, rainy conditions and it's 57 degrees at 1206. Prosecutors have filed the first round charges of against a group of robbery suspects accused of targeting Asian families in Seattle. Six defendants face burglary and weapons charges in connection with a series of home invasions in South Seattle over the summer. Casey McNerthy in the County King prosecuting attorney's office tells KOMO4 it's not clear yet if they're going to eventually file hate crime charges too. State law around hate crimes is very specific and what we're going to do is look to see if we can prove that if we get that additional information. Police recovered $31 ,000 in cash, fentanyl, cocaine, find out. Thanks for watching! The city alcohol, of New York is 69. That was sent back in 94. On Friday night someone was stabbed to death near T -Mobile Park. the violence The with these people on alert part close. I mean, just kind of stay in groups, try to come up with more policeMusic Stay together. I'm uncomfortable at different hours of the day roaming around And I It's think about like being and putting yourselves in non -confrontational situations. It doesn't feel like it's just an area. It's You can't be sure of kind of any area when you're walking around because people go off at any point. Come before reporting that in the month of September there were 12 homicides in Seattle in September 2022. There were four and just three the year before that in September 2021. A state lawmaker says that she's been receiving death threats for her position on Iran. We get more from Northwest News Radio's Pojala. Jeff Representative Daria Farivar is herself Iranian American born to parents who fled the country's oppressive Islamic regime, but her opposition to sanctions have led many to believe she supports the government of Iran. Farivar tells the Seattle Times she opposes sanctions because they only hurt the Iranian people and have little effect on the American's leadership. She says she's also received death threats for not overtly supporting protests over the death of Masha Amini, a young woman killed in Iranian police custody for allegedly violating the country's hijab law. Farivar even penned an op -ed in The Stranger outlining her positions and calling for the threats of violence to stop. Jeff Poggio, Northwest News Radio. Republicans and Democrats disagree on how to fix a gerrymandered legislative district. This summer a federal court found that the 15th legislative district, that's near Yakima, parts of Pasco, had been illegally drawn to dilute the power of Latino voters. According to Crosscut, Democrats are okay with a judge deciding on a new map, but Republicans want the redistricting commission to decide. However, having the redistricting commission draw a new map would require a special session of the legislature, which would in turn require action by the governor or a two -thirds vote of lawmakers. After the 2020 census, the 15 legislative district was re -drawn, but was found to be especially gerrymandered as commuters driving from Yakima to Pasco would have to leave the district and pass through to others before returning to the Washington State ferry rates just went up. According to the State Transportation Commission, the increase in prices the to meet department's revenue requirements for 2023 right through 2025. The rate hike means this it'll cost riders just over 4 % more that goes for passenger and vehicle fares this year and there is more. The price of those sailings will also go up again. Look for another 4 % hike the same time next year. The state of Washington is helping Spokane County recover two from deadly wildfires to the tune of four million dollars. In August, the Gray and the Oregon Road fires killed two people and destroyed 366 homes. They are the most devastating fires in Spokane County's history. The money is going to pay for case managers who will help people who lost their homes to find temporary places to to live. Northwest News Time 12 10. Time for an update on sports from the Beacon Plumbing Sports Desk at Air Kynes. When the Seahawks kick off their prime time game tonight in East Rutherford, New Jersey against the Giants, they'll bring a 70 % win percentage in games on Monday night football with them. But linebacker Bobby Wagner says, despite the glitz and glamour of Monday night, they have to treat this as just one of 17 regular season games. Obviously, growing up as a kid, you watch Monday night football. Then it turns like Sunday night and Thursday night is just a game. It's going to be a fun game, a lot of people watching and you just your want to best put foot forward. Safety Jamal Adams will play his first game since he tore his quad muscle last season. However, cornerback Trey Brown is expected to miss the game because of a concussion. Kickoff is 520 on ABC. Mariners The closed out the season with the victory, blanking the Texas Rangers 1 -0. George Kirby earned his 13th win after tossing six innings, giving up three hits and striking out seven. Isaiah Campbell earned his first save of the season. However, the M's fall short in qualifying for the playoffs. The playoffs begin tomorrow with the wild card round. Toronto at is Minnesota, Texas is at Tampa Bay in the American League. In the National League, Arizona's at Milwaukee, and Miami is at Philadelphia. And the Kraken host the Oilers in a preseason game tonight. Sports at 10 and 40 past the hour, Eric Heintz, Northwest News Radio. Northwest News Time 12 11. A massive search continues for a nine year old girl who disappeared from a New York campground over the weekend. The day turned into every this nightmare. Officials say Charlotte Senna simply vanished from Moreau Lake State Park north of Albany. She was last seen Saturday riding bikes with friends around dinner time. She's finally go around one more time by herself. That figure I'll do it by herself. When she hadn't returned 15 minutes later, her parents knew immediately something was up. They called her name. People started mom, calling 911 to report her missing multiple agencies combing Moreau Lake State Park from the air and the ground using dogs and drones. Authorities issuing an amber alert. After that exhaustive search, when we couldn't find her here, it was quite possible that an abduction had taken place. Charlotte's family describing her as a joyful fourth grader who had just been elected to student council. We continue to dedicate all resources that we can find that we can to find Charlotte and bring her home safely. Officials are deploying wide a range of resources in this massive search, including underwater rescue teams, along with a boat equipped with sonar. new camera camera. We also know that aircrafts are searching as well. More than 100 people involved in this massive effort. We're also hearing from the family. They say, quote, We just want her returned safely. They add no tip is too small. ABC's Morgan Norwood, a rare murder conviction in a death related to fentanyl. She's Jim Ryan reports from Texas where a 22 year old man has been handed a 45 year prison sentence for killing a person with fentanyl on July 15th of last year, 21 year old Andres Diaz ground up and snorted a Percocet pill laced with fentanyl. He'd be dead within hours. The latest in a string of overdose deaths in in Wichita Falls, Texas, where John Gillespie is district attorney. This community wanted to see action. We've taken action and now our jury has said we are going to convict and we will give strong justice. 21 year old Jacinto Jimenez becomes the first person in Texas convicted of murder in a fentanyl case. Wichita Falls police say fentanyl arrests have declined since word got around that murder charges were being handed out. Jim Ryan ABC News Dallas. A star clerk in California continues to recover after he was set on fire trying to stop a man from stealing at a convenience store for the third time in the same day. The happened incident on September 22nd in El Sabrente, California. Surveillance video shows the moment the suspect poured lighter fluid on the worker and then set him on fire. The clerk suffered second and third degree burns on his face, neck and and shoulder Contra Costa County Sheriff's Department said they've arrested 38 year old Kendall Burton and he's facing charges including assault with a deadly weapon, battery, arson and robbery. He's currently being held without bail. I'm Michael Kastner. Northwest News Radio is your home for breaking news and traffic
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: Breaking Down Barriers to Crypto Adoption | Insights from Jan Van Eck and Matt Hougan
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to another edition of Money Reimagined. I'm Michael Casey. Listen to us weekly on the Coindesk podcast network or wherever you get your podcasts. We would love to hear from coindesk .com. Subject line Money Reimagined. Sheila is out this week so it's me on my own but what I'm bringing to you are recordings from an interview I did earlier this month with two leaders in fund management, both of whom have significant interests in crypto. One is Jan Van Eck, the CEO of Van Eck funds and the other is Matt Hogan, chief investment officer at Bitwise Asset Management. Van Eck and Bitwise have both filed applications with for Bitcoin. The question I wanted to put to you guys, and I'll go to you first, Jan, is I've been covering this space for 10 years now. And I think we all thought there may be some tipping point moment when the world would suddenly embrace this. And certainly there's been some incredible growth, both in terms of prices and activity and development, phenomenal growth. But at the same time, it always feels like, no, it's not yet there. So what is the single most important barrier that you see toward wider adoption of crypto? Sure. Thank you. I really break it down into, are you talking about crypto as an investment, as an asset class that should be in people's portfolios, or as a technology to be adopted? And I use this example of the relational database, which was a big breakthrough in the architecture of databases 50 years ago or more. And it created a lot more productivity, almost like AI is doing with technology today. But who cares? It wasn't investable, right? It was a nice technology, but it wasn't investable. So I'll start with the investable aspect of it. And I think that since 2017, I firmly believe that Bitcoin is a store of value alternative to gold. But I also say it's sort of like an eight -year -old child. It's going through evolution and adoption, even this year, with the ordinals kind of break through for a while and sort of transaction fees being a thing in Bitcoin, right? It's evolving, it's code, it's kind of living. And I think there's a lot of investor types that haven't adopted it yet. And that's what I see kind of going forward in the future, whether it's probably frontier countries adopting it more, maybe even formally through their central banks or something like that. I think that's foreseeable. I don't see the German central bank or the central bank buying it anytime soon, but it's possible. One of my colleagues pointed out, I think you all did a survey of, sorry, this is a long answer, but yeah, Coindesk did a survey, I think, of perceptions globally of crypto and there was a big break between EM and I guess specifically it was energy usage. It being friendlier for energy usage was the majority view in the emerging markets and in the developed markets, it wasn't that, it was the opposite. So anyway, I see Bitcoin as kind of going through cycles and gradually getting more investor adoption, the ETF aside. So let me stop there and give it to my colleague, Matt. Thanks John. I agree. And I like that separation of investment case versus sort of maybe real world utility. I would add on the investment case, I think it's already there. I agree. It's a digital alternative to gold. And so the people who are holding it are using it for its use case. And I think the barrier to mainstream adoption really is the ETF. I know we'll talk about that more later, but I think if you look back at gold, it was the ETF that brought it into the mainstream. There were a few gold funds before the ETF. Van Eck ran one of the longest running, maybe the longest running, a phenomenal fund, but it really wasn't mainstream until we had an ETF. And I think that will be the tipping point. On real world use cases, if you look at like the Ethereum ecosystem, I actually think we surmounted one of the major hurdles over the last two years. I think what stopped the NFT boom and the DeFi boom was actually the rise in transaction costs as much as anything else. I think there was not enough throughput in that ecosystem to allow it to go mainstream. And I think the development of layer twos have allowed it. I think that's necessary, but not sufficient. So there's still additional barriers, there are regulatory barriers, there are design use case barriers, but I actually think that throughput question was the biggest one and we surmounted it. We just haven't seen the fruits of it because of these other steps that we need to take as well. Okay. So there's actually both of those answers, some things I want to dive into a little bit here. The first one is like this idea of it being gold. And I think in a way, I think maybe you can read from it slightly differently because Jan, you're talking, this is what its use case is, but there is still some evolution in a way that Bitcoin needs to go into. What I think is fascinating about that is like, okay, gold isn't going to evolve. It is just gold. It's in the ground, right? But there is this Bitcoin is code, but it's also a community. It's a living, breathing ecosystem of human beings, which makes it sort of unique. And so therefore, like, you know, how it evolves into being recognized for being the status. Is there an educational component to this, for example? Like, is it important that people kind of get in their heads? We can all use the digital gold analogy, but even getting there requires an understanding about why this actually does do that. Well, let me, this is Jan. I am going to pick a fight with you on the gold side because the use of gold as an investment has changed dramatically over the last 100 years. So even if you look at the history of our company, VanEck, the reason we started our first gold fund as a gold mining fund is it was illegal to own gold in 1968. So you see both Bitcoin and gold being affected not just sort of by securities regulation, but much bigger political, debates. even geopolitical But if you go back to before FDR, right, gold was the underpinning of central banks globally with the idea of trying to reduce currency volatility so that there would be more global trade and global wealth. But then they moved to basically away from the gold system. FDR did when he wanted to spend more money during World War II. Anyway, so, you know, gold has been in and out. And now more recently, central banks around the central banks because they don't trust the U .S. to hold their dollars anymore. Okay, so maybe that's a little historical quibble, but I do think that the role changes and I think it will change with Bitcoin going forward as well, just sticking to Bitcoin. It still sounds to me as if that is a discussion about the external factors, right, i .e., regulatory models, whatever, where governments stand. And all of that is maybe what the composition of what gold is and what a secure, uncorrelated investment needs to be is all contingent upon what is actually happening in that geopolitical circle. So in some respects, Matt, it gets back to your point about like, we're still sitting here waiting for the regulators to make a decision about an ETF or whatever. Yeah, I do think we are. I wanna hit one more thing on the gold thing and then I'll get to that because I think it's really important. There is this perception that gold has been the same for 5 ,000 years, completely wrong. Most people's perceptions about gold are untrue. We went off the gold standard in the early 1970s and people didn't know what gold was, right? They were figuring out what its role in the world was. Coincidentally, or maybe not coincidentally, that was the single best decade to be invested in gold. That was a phenomenal time. When stores of value move from uncertainty to established is when they accrue a lot of value. And that's what's happening in Bitcoin. I think there's some direct analogies to gold. I'd also add gold is a lot more volatile than people give it credit for. People think of it as this steady eddy. It has big swings up and down 20, 30 % a year. A store of value doesn't have to be day to day, unvolatile to be useful. It has to hold value or accrue value over long periods of time. And I think people discredit Bitcoin because they misunderstand gold a little bit. Just to add a comment on Bitcoin before we get off of that, gold shares, to your point, like Bitcoin miners fell 90 % from 2011 to their lows in 2016. I mean, you don't get worse than that, right, in terms of volatility. And that's a part of the ecosystem. It's not bullion, but still, I completely agree with you. So I just wanted to add that. I do think also, and I really want to push you, Matt, on this, that we have a global view of regulation of Bitcoin, right, because China has really taken its foot off the brake over the last year. And I think that's, you know, I call it the country the size of the United States. I think that's super important. Yeah, I think that's really important, too. I actually agree. And I think that's been going on for the last decade. It's sort of like a blanket that won't cover the whole world. And when somebody pulls it, then another government's like, oh, maybe we have an opportunity. I think that's what we saw in China with the U .S. being more restrictive, and then Hong Kong saying, well, what if we aggressively banked gold? Maybe there's an economic opportunity there. And I think it's sort of anti -fragile in that sense. Can I just punch down, maybe we're going to move to the technology side, but I just want to punch down on Bitcoin, because I think it, as an investment, is potentially relevant to everyone's portfolios here at this conference. I mean, you may not like, there are investors like Warren Buffett that will never invest in gold and would never invest in Bitcoin. But for a lot of people, the biggest risk out there, I would say, macro risk, is U .S. federal budget deficit. And I don't know of a better hedge than gold or Bitcoin. So maybe that risk doesn't come to fruition in our lifetimes, but it has got to be an alternative that people think of regardless of everything else in crypto. Yeah. Jan and I are going to keep going back and forth. I would add, it doesn't have to come to fruition for gold to be a good, for Bitcoin to be a good investment. It's an insurance against that potentiality. And if you're a wealthy individual, that's one of the biggest risks to your long term wealth and holding that insurance policy regardless of the outlook. Last thing I would add is we've come a long way. The other mistake people make when looking at Bitcoin regulation is like evaluating us today versus a year ago. If you evaluate us today versus 10 years ago, massive progress, even today versus five years ago. Look at the conversation in Congress today around crypto versus where it was two or three years ago. People need to relax a little, take the long view, and they'll probably have a better outlook for their long term investment.
The Hugh Hewitt Show: Highly Concentrated
Fresh update on "casey" discussed on The Hugh Hewitt Show: Highly Concentrated
"I think it's going to be a great contrast. And I think the future is bright, but the stakes are high here. So we got to get people involved. I want to close by talking about superpower in peril. One of the reasons I am so excited about your candidacy is we need to send veterans who actually understand the world that we are in right now. And I don't think a lot of Americans fully understand what Beijing is up to. Dave McCormick, lay out what your vision of Beijing is. And it contrasts very sharply with Bob Casey, who as far as I know, has never said anything about China, period. Yeah, well, it's, as you said, China is really an existential threat. We had high hopes in America 20 years ago that if we brought China into the into the world economic system, that it would act as a good partner and the opposite has happened. It's stolen our technology, our intellectual property. It's acted as a check on America's interest around the world. If you need any doubt about that, Xi Jinping was in Russia about a month ago, the same week that the foreign minister was brokering a deal with Iran and Saudi Arabia. So China poses a real military threat and an economic threat. And we need to have a whole of nation strategy for dealing with it. There's two things we need to do. Number one, we need to build muscle at home. We need to fix our education system, which is a disaster. We need to promote and develop the right technologies, the right kind of military capability, things that we're responsible for. We can't blame China for the fact that our economy is weak and our debt is staggering. At the same time, we need to change dramatically our dependence on China. Right now, 90% of the semiconductors in the world that we're so dependent on are made 90 miles from mainland China in Taiwan. Our pharmaceutical supply chains dependent on China. So we need to bring those capabilities home or in the hands of our closest allies. We need to stop investing in China. I know something about investing put restrictions on portfolio investment or direct investment that aids the CCP or the Chinese military. And we need to hold China accountable for bad behavior, bad behavior with the Uyghurs, the human human rights abuse, horrible human rights abuses, but most notably COVID. So here we are, you know, three and a half years later, and we still don't know the origins of COVID, which originated in Wuhan, where the Wuhan lab is. And yet China has blocked every step along the way. So this is the kind of hard-nosed posture. And let me end with a final point. The Biden administration's weakness on the global stage, whether it's Afghanistan and the withdrawal there, or whether it's the ham-handed dealing with Ukraine in the early days where they supported the pipeline and so forth and sent mixed signals, that kind of weakness is what's going to invite further Chinese aggression and provoking us on the global stage. So we need a steady hand. We need a strong hand. And there's a lot we can do, but we need to have a whole nation strategy for doing it. And that would be the kind of leadership that I would back to bring to the Senate. Again, I want to say the world's in turmoil. America's under siege, and Pennsylvania couldn't be more important. And yet here we have a senator that doesn't speak on any of these issues or make a meaningful difference. And that is why I think there's a real opportunity to win this seat, but also to lead on behalf of the great Commonwealth of Pennsylvania. This reminds me so much of when John Thune beat Tom Daschle in his second run for Senate, lost the first time, won the second time against an entrenched incumbent about whom the people of the state had grown weary. So Dave McCormick, good luck to you. We'll talk to you early and often. DaveMcCormickPA.com. DaveMcCormickPA.com. Go and volunteer. Send him 10 bucks, send him 20 bucks, but sign up to be the precinct captain in Pennsylvania. I'm on all over the state. You folks in Philadelphia, you folks in Bucks County, you folks in Pittsburgh, you folks in Scranton, wherever you are in Pennsylvania. I know you're listening to me right now. Go to DaveMcCormickPA.com and sign up. Become part of the volunteer force because he's actually doing it the old-fashioned way, building an organization, not just running TV ads because he knows it doesn't work. He's a smart guy. Dave McCormick is a very smart guy. Pennsylvania and the United States would be very lucky if he was in the Senate come 2025. DaveMcCormickPA.com. I'll be right back, America. Stay tuned. I'm Hugh Hewitt.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from Wall St Calls Fed Bluff! Interest Rates DROPPING to 0% Sooner? (Historical Data Says YES! )
"The Federal Reserve, in their latest FOMC or Federal Open Market Committee meeting this past Wednesday, decided to not increase interest rates and rather take a pause, keeping the current rate of 5 .25 -55 % in play. And Jerome Powell signaled to the market that the Fed intends to keep interest rates higher for longer with potentially one or two more rate hikes in the coming months and tighter restrictive monetary policy than previously anticipated through 2024. Following that, all across media we have different experts and talking heads in the financial industry talking about, yeah once the Fed reaches its goals they will start decreasing interest rates by a quarter point here, a quarter point there, over a stretched out multi -year period of time. So everyone should brace themselves for potentially 5 plus years of a high interest rate environment. And as crypto investors, as people on our journeys building wealth to achieve financial freedom, in this extremely crazy unprecedented macro environment, what are all these experts and talking heads basing these predictions on? And more importantly, what is the Federal Reserve basing this roadmap off of? You'd think off of at least one single part of its 110 years of existence, you'd think they would reference at least one part of its century span of history, you would think it was based on some piece of past data for instance, but it's not. Everyone is making some random wild guess based on their imagination and Wall Street is calling their bluff. Check it out. When rates drop, they usually plunge. The Fed thinks different. History suggests central banks expected scenario isn't likely to happen. The Federal Reserve is hoping for something it has never managed before, not merely the softest of soft landings for the economy, but the slowest rate cutting cycle in its history. Up the stairs, down the elevator. When the Fed cuts rates, it usually slashes them. It expects to be different next time? Is it though? Is it going to be different? Let me know what you think in the comments below. Since COVID, the this time is different narrative has been a popular one, so will it pan out? You tell me. In the meantime, let's take a look at this chart that shows interest rate changes over the past several decades. The most recent instance is almost a perfect stairs looking hike and elevator crash. Then back in 2005, we've got another longer period of hikes followed by a drop in rates and zooming out a third, fourth, fifth, sixth and seventh instance of similar activity ranging back to around 1975. But here from the precipice of the pause here, this elongated gold line here is the Fed's forecast that all these talking heads in the mainstream media are also forecasting. There has never been a drawn out series of rate hikes ever, and smart money knows it. They seem to think they can just coast down slowly, said David Kelly, chief global strategist at JP Morgan asset management. It never happens that way. So who's your money? The Fed and the talking heads or Wall Street? Let me know in the comments below. Either way, we need to be prepared for any and all scenarios as crypto investors speculating on new innovative technology that still doesn't have a play. What should we be mindful of? What other scenarios could play out in the next six to 12 months, we should consider in order to increase our chances of potentially experiencing financial relief in this insane, unprecedented market. Hello, I'm crypto Casey and welcome to another episode of crypto this week. Let's take a look at the global news stories and state of the current macro environment.
The Hugh Hewitt Show: Highly Concentrated
Fresh update on "casey" discussed on The Hugh Hewitt Show: Highly Concentrated
"Welcome back, America. David McCormick is going to be the next Senator from Pennsylvania. He joins me now, even though he's a Steelers fan, we're going to invite him on early and often throughout the year. Welcome back, Dave. How are you? Hey, good morning, Hugh. How are you doing? I'm good. I'm sorry about Kenny Pickens. I hope the injury isn't severe. Dave, last time I talked to you, we were talking about your book Superpower in Peril. You had not yet decided to run for the Senate. Now you have. Can you tell people first who you are and then second why you're doing this? Yeah, again, thanks for having me, Hugh. Well, you know, I'm a Pennsylvania kid. I was born and raised in Pennsylvania and had the opportunity, I played sports in high school, had the opportunity to go to West Point where I wrestled and was the co-captain of the team and then went on to serve in the 82nd Airborne Division in Iraq and then came back to Pennsylvania and became a businessman and ran a company that created hundreds of jobs. So I've lived the American dream and all that Pennsylvania and America has to offer and that's why I'm running for the Senate. I think the country's headed in the wrong direction. I'm deeply worried about it and I'm hopeful that if I can be the Senator from the great Commonwealth of Pennsylvania, I can make a big difference. Now, Dave McCormick, Pennsylvania is a very difficult place to win. Republicans have won there. Rick Santorum won there. John, I can't remember his name right now, won there. Lots of Republicans have won in Pennsylvania over the year. President Trump won in 2016, did not win in 2020. How are you setting up the organization because the state party is not really in great shape right now? Yeah, well, you know, it's a Commonwealth of folks that are very independent-minded and that they've got a long history of electing people they think can represent them well and make a difference. In my case, I've had the good fortune of really being able to unify the party. The state party endorsed me over the weekend. I've had the entire congressional delegation come in behind me. So the first thing you need to do is get the team together, united around winning. My opponent is Bob Casey. He's a three-term Senator. He's really someone who has been the most inconsequential Senator in the most consequential state in the country, arguably one of the most. And he's got a 98% voting record with Joe Biden. He has been a great leader in the Senate. And as you might expect, Joe Biden's policies are deeply, deeply unpopular in Pennsylvania. If you think about everything from inflation at a 40-year high, prices are up 20%. If you think about the fentanyl crisis that killed 5,000 Pennsylvanians last year, if you think about the crime running rampant on the streets of Philadelphia, you saw last week, it was just an absolute disgrace. If you think about the attack on our domestic energy sector, there's a long list of things. They aren't Republican issues or Democrat issues. They're American issues and Pennsylvanian issues. And Bob Casey has been at the scene of the crime every single time when Joe Biden's put these policies in place. So that's the kind of campaign I want to run, the contrast between a guy who's been blessed, a Pennsylvania success story, and a rubber stamp career politician who hasn't led. You know, I call him Senator Casper because he is like Casper the Ghost who's familiar to people my age. I know Sherrod Brown. Sherrod Brown is running at the same time as Bob Casey. Sherrod Brown is from my state of Ohio. You can't not see Sherrod Brown because he's in every scrap. He's in every fight. You never see Bob Casey. I'll bet you people can't recognize Bob Casey. When Lincoln ran against Douglas, he said, let's go debate up and down the state. Are you willing to do that with Bob Casey? Because that would love that opportunity on every possible occasion. Because stepping back from the political rhetoric, the consequences of this moment are so high. We're really at an inflection point in the country. It could go one way or the other. And Pennsylvania couldn't be more important. It's the Keystone State for a reason. The majority will depend on it. And so I would welcome the opportunity to really talk about the future of America, the future of the country. That's what the book was about, Hugh. And I think the ideas of the progressive left are taking us in a terrible direction. I lay out my plans for the future at DaveMcCormickPA.com, which will give the voters an opportunity to learn more about me. And I'm going to run a full-throated campaign about the future of America. I'm deeply committed to it. And I think I can make a difference. I'd love to be given the honor of the opportunity. There are many media markets in Pennsylvania. Philly and Pittsburgh, obviously. But there's Erie. There's Scranton. There are all sorts of media markets where you could go from television station to television station and do a one-on-one, maybe with one moderator. But Bob Casey has been there 18 years, and you are new. So he has an advantage, allegedly an advantage, of knowing how the Senate works. But right now, Pennsylvania is looking at not being very well represented. Senator Fetterman is unwell. We all know that. We have sympathy for him. But he's not well. Senator Casey is invisible. Has anyone come up with the idea of really barnstorming the state, the two of you? If we're concerned about democracy, let's really have two people talk about the issues continuously for the next year. Well, you know, no one's talked about that yet, but of course, it's a great idea. I announced my campaign 10 days ago, 11 days ago. And I had the good fortune of being the endorsed candidate already come off to a strong start. But I'm going to spend the next 13 months doing just as you said, looking for every opportunity to create a clear choice, the contrast between someone who's going to shake things up in Washington, someone who doesn't come with any objective other than to really change the course of the Commonwealth and the country, and someone who's been there a long time and has had every opportunity to do that and has not. And that kind of contrast on all the issues would be something that I'd really welcome. And I'd look for every opportunity to do that kind of debate, that kind of choice for the voters of Pennsylvania. No, I don't expect Senator Casey to accept that. But I sure hope I'm willing to have you both on anytime you want. I'm sure every media market in the country would be willing to have you on to do that. I do want to tell people about DaveMcCormickPA.com because not only can they contribute, but you need a volunteer network, and they can sign up to be part of that. And Pennsylvania really needs a grassroots rebuild. So can they volunteer at DaveMcCormickPA.com as well? Absolutely. Yeah, we'd love to get as many people involved as possible. Last time, the Afghanistan debacle really inspired me and I jumped into the campaign late with five months to go. I learned a lot. You learn a lot when you're in a compressed time like that. I learned a lot by the fact that we lost by 900 votes. And so the key thing now is to have the opportunity to build the army of enthusiastic volunteers who want to change the great campaign.
Stuff You Should Know
A highlight from Selects: Cockney Rhyming Slang: Beautiful Gibberish
"Hello everybody, the Xfinity 10G network was made for streaming giving you an incredible viewing experience now You can stream all of your favorite live sports shows and movies with way less buffering freezing and lagging Thanks to the next generation Xfinity 10G network You get a reliable connection so you can sit back relax and enjoy your favorite entertainment Get way more into what you're into when you stream on the Xfinity 10G network learn more at Xfinity .com Hey everyone the new fully electric 7 -seat Volvo EX90 comes with the latest technology to help keep you and those around you safe because hey We're all human and distractions can happen even when we're behind the wheel That's why the Volvo EX90's two sensor driver Understanding system is designed to prevent distractions by helping you stay focused by detecting when you're driving drowsy or distracted So the car can alert you safety comfort and fully electric reserve your Volvo EX90 today learn more at Volvo cars com slash us Everybody it's your old pal Josh and for this week's select. I've chosen our episode from November of 2019 on cockney rhyming slang. This is one of those silly episodes That's also packed with a lot of interesting information and I remember Chuck and I having fun making it So I hope you'll enjoy listening to it, too enjoy Welcome to stuff you should know production of I heart radio And welcome to the podcast I'm Josh Clark and there's Charles W. Chuck Bryant right there. There's Jerry Roland right there So that makes this stuff. You should know right Can't top that I was trying to think a way to say welcome to the podcast in cockney rhyming slang Can you make an attempt my I'm my brain is so broken right now. I can't even try. Okay, good good Well, welcome. It's a good good time to record a show You're gonna do some cockney in here, right? We want to offend as many Londoners as we can I don't know just just channel a little Dick Van Dyke. Oh You know Yeah, the American Doing a bad cockney accent. Well, I did recently rewatch the limey Yes Casey's for benefit. Yeah, the great great movie from Steven Soderbergh. Never seen it. It's awesome. Is it really? Yeah, I mean, I know it's like a classic and everybody loves it. But I mean, it's really that good Yeah, because a lot of people liked I don't know the hangover. I Like the hangover. Well, how would you how would you like the limey and the hangover same level? Yeah, they're the same movie almost. All right, it's weird. Well, then I've seen the hangover so I don't need to see the limey Lemmy's great and Terence stamp is Awesome, and it then uses some cockney rhyming slang and one great scene My big exposure to cockney rhyming slang is lock stock in two smoking barrels Snatch. Yeah, which I think are both directed by Guy Ritchie, right? Wasn't lock stock like his first attempt and snatch was the one that like Got him married to Madonna you a fan of his yeah, I mean as much as I Like his movies, I don't like him personally necessarily cuz he like hunts bore like a jackass does it like yeah No drunk with his friends in the most like disrespectful way of murdering a pig. I admit his movies But yeah, I do like his movie sounds like he's a creep, too I'm not gonna go on record saying that but Yeah, those movies are okay and then I guess what's his name Don Cheadle a little bit in Oceans 11 sure he did a little bit of that right and I mean like It's code to Americans. It's oh, there's like a criminal a British criminal, right? That's all that means these days Yeah, I think so in movies. It's definitely Like all of those are criminal right criminal people in the movies They're like, you know kind of slick cool criminals that wear leather coats and stuff like that Not dumb criminals that wear like football jerseys or anything like that. They're like, you know smooth criminals That's I think what I was looking for. Yeah, but This this idea of associating it with cockney is not necessarily associating it with criminals. It's more associated with like Lower class working class less educated definitely not the aristocracy over in Britain yeah, or the upper class sure and that by by speaking with a cockney accent or More to the point using cockney rhyming slang you could really differentiate yourself To as a point of pride, right? Like you were speaking like your group your in -group which was at the time cockney, right? But the big surprise to all this is it's really possible and even probable that it wasn't the cockney that came up with this Rhyming slang that it was somebody else altogether. Maybe who knows should we say what it is? No Not for the rest of the podcast cockney rhyming slang Wasn't even Very clearly defined in this piece. Okay, did you think it was? It's in there. Okay, you got to just kind of separate the wheat from the chaff So it is a two -word phrase and is a slang phrase Consisting of two words so far so good where the last word of that phrase rhymes with the original word and It can be and I think the best way to do this is just to throw out a few no. No keep describing Well, the two -word phrase it can be it can be a lot of things it can be a person's name It can be just something random can be a place could be a place. It could be a lot of things it can be anything Yeah, sure. I guess it can be But shall we illustrate it through? Well, there's a second part to it. Okay, the second part and this is very important the Two -word phrase that you're using to that where the second one rhymes with the word you're actually saying Yeah, the original word the original word. Thank you Usually has nothing to do with it. There's no metaphor. There's no connection. There's no Nothing, there's no there's no context to it It's supposed to just be random or in most cases. It is just random words right one of which rhymes with the word you're replacing and To further complicate things sure In a lot of cases and no one knows why sometimes this happens and sometimes it doesn't a lot of times that one of the words Of the two -word phrase is dropped. Yeah, and then you're just left with the one word Which doesn't even rhyme with the original word anymore, right? That's I mean, that's probably the best description of cockney rhyming slang anyone's ever given So I think we should illustrate it with a couple of examples. I pulled some from From something called the internet Here here's one the the tip and tete That's how long it took me to come up with that Tip and tete for internet, but in ten years, it'll just be called the tip I'm gonna log on to the tip governor So let's say your word was and this was in oceans 11 specifically trouble is the word that you're trying to say Cockney rhyming slang for trouble is Barney rubble awesome And so you would say you're making a bit of the bonnie rubble again, right when somebody that was kind of Who was that? Making a bit of bonnie rubble not the see I already did it wrong No, but I think you that's not like a real person to an American for sure. Oh, yeah Um, I can't I can't I'll shout it out. Later. Oh, man. I finally did a good one No, but it wasn't a cockney person, okay for Another example Queen They would use the term baked bean Look who's on TV. It's the baked bean And that's the Queen. I like that one or in the case of one that's been dropped What is Ed use here bees and honey? That one is not dropped for money. Okay, but which one was apples and pears right? Right, so you would say I'm gonna go up the apple and stairs Apples and pears. Oh, man Let me retake this everybody You would say I'm going to go up the apples and pears to go get my wallet to pay for this pizza Or something to that effect. Okay, but then over time people drop the pears And so now the word for stairs in cockney rhyming slang is just apples Which if you're just standing there on the outside like a normal American bloke sure, which by the way means person You have no idea why this person just called stairs apples You got what they were saying because the context is there you're going up the apples to get your wallet to pay for the pizza But why would you just say that did you did you hit your head? Is there something wrong with you? What's the problem? Why would you just call that apples? Yeah, that's why it's so confounding But the great thing about cockney rhyming slang and in particular the great thing about researching cockney rhyming slang is you learn How you get from apples to stairs and then it makes sense sometimes Yeah, that's true. It's not always. Yeah, sometimes there's It's not documented which ed points out is one of the problems sometimes you can draw the line the through line But because it's not documented and sometimes these things take years and years to morph into its final version right unless you unless you're you know on the What would you call street on the dole? No on the streets, then I wouldn't know but I don't know what streets is you can't just make stuff up like there's real words I'm the drums and beats So you're on the drums right, but they probably have a word for streets like that's the whole point You can't just make anything up, but the you could if it hasn't been taken yet sure Also, that's the other thing about cockney rhyming slang is it evolves right so old celebrities that that no one even knows about anymore Fall away to new celebrities whose name also rhyme with you know whatever word you're saying right? I thought you meant old celebrities who maybe used to talk this way like Michael Caine no He's never said any rhyming slang in his life. No of course you got to see the movie Alfie Maybe that's who it was it might have been Michael Caine. I'll take that Michael Caine. I think it was as a matter of fact Thank you, I'm glad you did it. Noel always says a good joke is to say Michael Caine in the correct accent say the words my cocaine And it sounds like Michael Caine saying it then it sounds like that the correct accent for Michael Caine all right say it my cocaine Well you just blew that one out of the water You Gotta set me up in the future Okay, well there's I've got it two ways now, man, okay, here's the thing my cocaine That's my cocaine That's pretty good Michael Caine. It is good. You're right. No. You just got to say it the right way and not like a robot Josh So here's that one of the things is sort of confounding if you want to look up a like a glossary and Say well, here's what I'm gonna. Do I'm gonna learn cockney rhyming slang so for my trip to England I'm really you know. I'm really in with everybody First of all bad idea yeah second of all it's it can be very localized Mm -hmm and the accents are all different Yeah, so even people in London sure who both who all use well people in London Do but the people who use cockney rhyming slang in London yeah might not even agree on what word is means What I'm just picturing all the people walking around England laughing their arses off. I can't wait to get to that one As we stumble through this um yeah, it had a really good Example of why there's no codification of the cockney rhyming slang He said that when people are creating a language especially informal ones like slang They don't write it all down quote dear diary referred to my house as a cat and mouse today because it rhymed We all had a good laugh might try. Just calling it cat tomorrow and see how it goes It is it sounds funny, but that's that's how it works stumbling across the diaries And here's the other thing too is there are cases where there is a little bit of a reflection of the original word and the example that it gives here is twist Yeah, like to call a woman a twist mm -hmm Which I don't know if that's derogatory or not or just some weird slang that no one uses anymore I don't think so although I don't know so yeah these are also the people who use the C word like it's nothing Man I can't wait to go back there Which we're gonna do soonish right? I'd love to do in 2020. Maybe yeah, all right So twist came from twist and twirl which meant girl which is They were talking about like dancing with a girl twisting and twirling in a nightclub Let's say so there is some connection in that one. Yeah, so girl and ended up becoming twist So that sort of makes sense there's another one called on your Todd After a guy named Todd Sloan and it means on your own Right and the thing is is like on your Todd it makes sense Sloan rhymes with own It doesn't have to have any connection, but that one actually does yeah Cuz Todd Sloan was a famous jockey in the 19th century like horse jockey. Yes, okay? What other kind is there disc jockeys? Oh, yeah, sure So his book his memoir was called Todd Sloan by himself Which is weird to refer to yourself in third person for your memoir Hmm, but there was a line in it that apparently East End East Enders in London like really picked up I was left alone by those. I never ceased to grieve for It's still like the idea of being alone or on your own Became synonymous with Todd Sloan his name just happened to rhyme with that So it's one of those rare ones where there is a connection to it and also rare Chuck in that This is a 19th century horse jockey and still today on your Todd is recognized as on your own Whereas a lot of people probably have no idea exactly who he is and when that happens That frequently that person gets moved out for potentially another celebrity or another word That's a little more understandable or recognized another new jockey two people today, right? Yeah exactly which can you name one? Nope? Nope Alright, maybe we should take a break and we'll talk about some of the other some other examples after this message In a world where modern technology is rapidly reshaping our day -to -day lives the new podcast Technically speaking an Intel podcast uncovers the remarkable ways tech is improving our livelihood across the globe brought to you by Ruby Studios from I heart media in partnership with Intel technically speaking is your passport to the forefront of AI's marvels in modern technology each episode will Take you on a riveting journey as you discover the awe -inspiring innovations of our modern world from game -changing innovations Revolutionizing early cancer detection to AI software that detects pests on crops that can be detrimental to seasonal yields tune in for Conversations that are shaping tomorrow today.
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: CBDCs Unleashed: Changing Finance for All!
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to Money Reimagined. I'm Sheila Warren. A reminder, you can listen to us weekly on the Coindesk Podcast Network or wherever you get your podcasts. And we'd love to hear from you. Tell us what you think. You can email us at podcasts at coindesk .com with the subject line, Money Reimagined. I'm in Washington, DC this week at the Congressional Black Caucus Foundation's annual legislative conference, which is taking place at Walter Washington Convention Center. The theme is curing our democracy, protecting our freedoms, and I am extremely grateful to be invited to participate in this event. But our topic today is much broader than that. I'm joined by Carmel Cadet, who's the founder and CEO of Mtek, which is a New York -based fintech startup with the goal to rebuild central banking infrastructure for the Web3 era. Now, Carmel and I have had the opportunity to speak many times in the past, including when she was instrumental in developing the world's very first national digital currency, the Bahamian Sand Dollar, which many of you will be familiar with from discussions we've had on it on this show. That was her first big government project. But since then, she's signed on six other central banks in the Caribbean and Africa and has plans to onboard more to their platform and their regulatory sandbox design offerings. I'm really looking forward to Carmel joining me today to talk about the advances in central bank digital currencies and CBDCs, particularly how they're being used by diaspora populations and how we're thinking about this opportunity and this technology in spaces that don't necessarily get the attention of groups like the Bureau of International Sutterments, the BIS, or even, frankly, the U .S. government. So, Carmel, welcome. Let's start off by just a little bit by way of background. Tell us, this is an interesting thing, an unusual thing to have gotten so deeply engaged with. And what was the moment when you kind of realized, hey, digital currency is something really critical and important? Your background, of course, you grew up in Haiti. I'd love to hear a little bit about how all that came together to make you the ambassador for this technology opportunity that you are today. Yeah, I never thought I would actually play that role, but I'm happy to be here. So, as you mentioned, my name is Carmel Cadet. I'm the founder and CEO of EmTech. It started really with my story. I'm originally from Haiti, born and raised. And when I migrated to the U .S., I became fascinated by the concept of financial markets, the access to credit cards, the access to mortgage, and car loans, and student loans, and realized that how access to capital and access to money really impacts lives. So, when you think about helping people out of poverty, it's one thing to do aid, but it's another thing to really build a better infrastructure that are more long -term, better institutions, and better access to financial markets, more importantly. So, I was really curious about that, but I didn't know what to do about it at the time I was 17. So, my mom told me to go to school and get a job. In the meantime, as I figure it out, but sure enough, my background is in corporate finance. I ended up lending. But before that, one of my first job was as a teller at a credit union. This is one of those jobs you get to see how people experience money. Day -to -day, paycheck to paycheck, every Friday, every two Fridays, people have a different experience in how their lives are changed with the fact that they get paid, or sometimes when they lose their job as far as how that impacts their lives. Then I got into mortgage underwriting, got to see how the credit system works in the U .S. How do you provide credit? How do you buy houses? How do you get home equity lines of credit? And how do you build value and invest in other properties? I've seen so many different lives changed by financial services. Yet again, I did not know what to do about it, but I landed an internship at IBM. I spent 10 years at IBM. This is where I fell in love with technology. So marrying the two, fast forward to around 2017, IBM was launching the IBM blockchain division. For me, I heard about blockchain before I heard about Bitcoin, believe it or not. The ability to use a technology that really flattens out the intermediaries or the models that you get access to financial services is something that I really, really got excited about because a lot of the policies over the years have changed the makeup of the financial industry in a lot of emerging markets. If you think about Basel III, if you think about the de -risking of a lot of countries, I've seen the results of that, kind of how more and more people in emerging markets did not have access to banking services. And that impacted my family. That impacted how we sent money and how much it costs us to send money back home. And the idea of using technology, I got to see that from IBM. IBM builds just amazing, big technology that impacts the world, so much so that you don't even feel it. You don't even see IBM everywhere, but IBM runs just about everything that we run on and that we use. I fell in love with that concept and blockchain for me was the first technology that really made sense for me for how to do that. So the very simple concept that ignited my curiosity to go into this space is to say, you know, we've been waiting for the banks to bank the unbanked. This is something that different policies and different efforts have tried to drive. And even if you think about Senator Sherrod Brown's bill around fed dollar accounts, the idea of forcing the banks to provide a digital cash or a fed dollar account to unbanked users or low deposit holders, it was a debt on arrival type of proposal because commercial banks would never have the incentive to do something like this. And the fact that I worked at a retail bank and a commercial bank, I understood the business model very clearly. So what blockchain represented for me was really an idea. What if we take the most used asset that people use every day and trust every day, especially those in emerging markets, which is paper cash, what if we digitize it with blockchain? Could we provide financial inclusion by design and having people be part of a digital financial service infrastructure that could be built on and give them an access to a new world? And that's around the time where I got the opportunity. I saw the RFP from Central Bank of Bahamas. And of course, I'm from the Caribbean. I got super excited. I cannot tell you. I remember the first time meeting that RFP, when Central Bank of Bahamas said that they're looking for a blockchain solution to modernize their overall payment infrastructure to drive financial inclusion across 700 islands that make up the Bahamas. I don't think most people know that. It seems like one island is 700 islands. So that was a moment for me. And sure enough, with no architecture, with no reference at the time, me and my team at IBM got together, found partners to work with, and really pitch an idea that the Central Bank of Bahamas ended up really selecting and has now deployed. And I just came back from the CBDC conference in Istanbul, where they were presenting their efforts and their progress. And I think they're one of the shining stars. Yeah, well, I would agree in part because they were the first in part because to your point, it really was about inclusion by design, not just laying over, I use this example a lot, the way that roads were built in Boston and Cambridge is they just saw where the cows were walking and laid down concrete, basically, right, or whatever was used at the time paving. And I think the Central Bank of the Bahamas did not do that. Their goal was actually to create a system that was better in some ways, not just digitize the existing system. And I do think we've seen some other efforts at CBDCs really just digitizing existing systems, not interrogating those systems in the way that I think you and the bank did. But I've got a million directions we could go. But let's start with let's start with this. Because it would be interesting, actually, I could see how you'd be interested in something like a Bitcoin or something like that. Instead, the idea of paper cash was the most compelling thing. Can you just talk about how a how you see CBDC is playing out in the broader digital currency landscape? But also, why that? Like, why fiat, right? Like, why your approach focusing on that specific opportunity as opposed to the broader, let's say, you know, crypto opportunity, or even, I mean, as we were so ended up in the IBM Blockchain division, looked at blockchain in different use cases, so global trade, food provenance, and different application of technology. When it came to financial services, of course, Bitcoin was the first use case that really broad gained visibility and broad access and even fame, if you will, as a token, but in itself, what we continue to see is one, the learning curve on how to get into Bitcoin. I remember how proud I was when I was there. Oh, yeah.
The Hugh Hewitt Show: Highly Concentrated
A highlight from Duane Patterson fills in for Hugh
"Welcome to today's podcast, sponsored by Hillsdale College. All things Hillsdale, at Hillsdale .edu. I encourage you to take advantage of the many free online courses there, and of course, to listen to the Hillsdale Dialogues, all of them at Q for Hillsdale .com, or just Google Apple, iTunes, and Hillsdale. Welcome back, America. That music means we are joined by David Drucker, the beltway insider of The Dispatch. You can read everything that David writes and link through it at on Twitter, or X, at David M. Drucker. Good morning, David. I want to start with Pennsylvania Senate, because we got some news in there. There's kind of twin stories this week. You've got a piece in The Dispatch. Our mutual friend Selena Zito's got a piece at RAN, I think yesterday, or maybe it was today in The Examiner. Dave McCormick is getting in, and to me, the newsworthy part of that story isn't so much that McCormick's getting in. I really kind of hoped he would. But the newsworthy part is that Doug Mastriano, the failed MAGA gubernatorial candidate from this last cycle, has already come out and endorsed McCormick. So it looks like there's some party unifying going on in Pennsylvania. What do you make of this, David? Yeah, look, it's a really big deal for Republicans not to have to fight through a nasty primary, especially one that pits the populist wing versus the more traditional conservative wing. Dave McCormick is the candidate that Republicans in Washington wanted, but he's also the candidate Republicans many in Pennsylvania wanted. He's also run before. That makes him more formidable, because he's been through the process, and it gives Republicans to field a seasoned candidate against a rather seasoned incumbent. Bob Casey, you know, he might not make the most headlines, he might not be the most interesting guy in the world, but he's won a lot of tough races. And he's got a last name in Pennsylvania. Say that again, Dwayne? I said he's got a last name in Pennsylvania that he's been trading on. He does, but you know, he has now been in office since 2006, and so I think he has established himself in his own right. And he is very adept at knowing where he needs to pull votes from, where Republicans need to be undercut the most. And so what's really good about this is McCormick is now going to be doing this for the second time. Now, in a general election, it'll be his first, but he's the kind of Republican that can win general elections in Pennsylvania, at least if you look at his profile and the way he's positioned himself. So Republicans have to be happy about this, and they should be. Oh, he's the best candidate the Republicans could field. In an environment where you've got a chance of picking up a bunch of seats because of just how many Democrats are playing defense this cycle, this is as good of an opportunity as the Republicans could possibly hope for in the Keystone State. Let's go to the president's interview with Kristen Welker on Meet the Press, where he talked about, I'm going to negotiate the abortion federal legislation because the heartbeat stuff I'm not all for. I think the heartbeat laws were terrible. There should be some negotiation of where that limit is. How is that playing in Iowa amongst GOP primary voters? Well, look, I think we'll find out. I mean, I think for now, the president's fine. I don't think it's impacted polling numbers much, but as his Republican competitors chip away at him on this issue, it could ultimately have an effect. I mean, one of the things we really don't know yet, Dwayne, because we haven't seen it yet, is for years, the issue with abortion in Republican primaries has been who's going to be, who's reliable and dependable when it comes to appointing conservative judges that if a challenge to Roe versus Wade were to get before them, would vote to overturn it. Well, Roe's gone, and we're now in an era where it's about what kind of legislation would you vote for or sign at the federal level to curtail abortion rights. And so we don't yet have something to go on yet in terms of how Republican primary voters look at this and react to this kind of debate. And we're going to find out. Of course, the former president's doing what he always does. He tells everybody he's going to make them happy. How? You know, I just will. Don't worry. Trust me. Well, we'll see how that works out. He's running against one governor who signed a six week heartbeat bill. He's running against other Republicans who have promised a 15 week federal ban on abortion. And we'll see if the president's bobbing and weaving on what kind of legislation he would push for or accept as president. Again, we'll see if that has an impact on how Republicans in Iowa vote. We don't know that it'll have any impact, but it might. Couple minutes left with David Drucker of the Dispatch. I want to shift over to the House GOP circus that is dealing with are we going to have a shutdown or are we not going to have a shutdown? It looks like it's looming again. And David Drucker, I read a piece back when he was with the examiner from 10 years ago. It's a really bad deja vu, David Drucker. Yeah, you know, I went and found that last night and I posted it and, you know, there they go again. The thing about shutdowns, Dwayne, is the party that instigates them almost, almost, almost never wins them. And we saw Republicans do this 10 years ago. They instigated a shutdown to try and force President Obama to defund his signature health care law. Of course, he was never going to do it. Of course, a majority Democratic Senate was never going to go along with it, but they did it anyway. They ended up failing and they ended up missing an opportunity to push incremental conservative reforms through a majority Democratic government. When I say Democratic, Democratic Party run government and Republicans seem on intent on reprising that mistake. There's no end game here. There's no unity. One of the reasons Kevin McCarthy was able to win a debt ceiling fight is there was unity among 218 Republicans. They don't have that here and they don't really know what they're doing at this point. That doesn't bode well. David Drucker, read everything he writes over at the Dispatch or you can catch him on Twitter, the site formerly known as Twitter X, at David M. Drucker, Dwayne Patterson in for Hugh Hewitt. We'll be back with the political roundup after the top of the hour break. Come right back next.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from Innovation to Spark Next Bull Run? (5 Altcoins for New Market Cycle! ) 2023 Altcoin Strategy!
"Something important we need to be mindful of as crypto investors before the next bull cycle is that there are a lot of people, probably a lot of us, that have been holding bags of altcoins that are in the red from last bull cycle. Some of our altcoins are down 20%, 40%, 60%, some down over 80%, 90%, and some of us are still holding it. One of the top questions I get asked all the time is 1. Which altcoins am I looking at for the next bull cycle? And 2. Do you think such and such coin is coming back? Should I hold? Should I sell? And considering the reality of the situation where a lot of people are holding altcoins that pumped hard in the last bull cycle, that have been in the red throughout this long brutal bear market, who are constantly asking me if the coin is coming back and if they should keep holding or sell, what do we honestly think is going to happen when or if certain coins go up 10%, 20 %? Try to start approaching their last all -time highs. Well, there is going to be a ton of sell pressure. Everyone who is in the red, some that may be down 90 % in their position, are cool with maybe selling at an 80 % loss if the coin price starts increasing, some are cool at selling at a 70 % loss, 50 % loss, 30 % loss, and when considering this horrible economic environment with people needing to take out loans to buy groceries to survive, what percentage of all altcoin holders from the previous bull market do you honestly think are going to wait for their bags to get in the green? And let's just say optimistically that it's a lot of people. What will happen when they are finally in the green? Massive sell -off. So whether we are holding popular altcoins from the last bull cycle or if we are considering buying altcoins that were popular in the last bull cycle at these crazy lows, keep in mind that the journey to previous all -time highs will be long, tough, and arduous. And in some cases, that journey may not ever happen. And just to be clear, this technology is still extremely new, speculative, risky, very risky. So the reality is for now and likely the next few years, the highest and best use of altcoins is literally to just trade them, buying them low from someone who capitulates and selling them to someone high who FOMOs in later in the game. Buying and selling altcoins is unfortunately a zero -sum gain, where one person's gain is equal to another person's loss. Some will get rich and others will get wrecked. Buying and selling crypto for a potential profit is not a steady, reliable source of income. Buying and selling crypto is an extremely risky form of investing that is actually more like gambling. These are not your typical startups or businesses that are generating profit by creating and distributing value in the form of product, services, or utility for the most part. Projects go bust, projects get sued, founders rug -pull glitches happen, tech gets hacked. Anything can happen, which is why it's so important to never, ever put any money. You absolutely cannot afford to lose in any type of investment or plays like altcoins. The more at -risk your money is, the more potential reward you may experience, and absolutely the more potential you may lose at all. So with this harsh reality in mind, going back to the top question I get asked the most, which altcoins am I looking into for the next bull cycle? Well, it's not really any altcoins that were popular in the last bull cycle because of the massive sell pressure they will experience when or even if the price starts to creep back up, which is one of the reasons why historically popular altcoins from previous cycles don't perform as well in future cycles. Sure, some of the bigger ones like Solana can make a comeback. However, we have a better shot at a moonshot with newer projects with less bagholders or positions in the red waiting for it to maybe come back, and projects that are part of the next exciting wave of tech innovation that sparks the next crypto bull cycle. Because when looking back, the first bull cycle was sparked by the invention of Bitcoin, the first decentralized global peer -to -peer digital currency. The second bull cycle was sparked by the launch of Ethereum, the first decentralized global digital software technology that people could build decentralized applications on. And the third bull cycle was sparked by the development of DeFi or decentralized finance, applications like Uniswap, Maker, Ava, Synthetix, and similar. And we've seen certain categories of cryptocurrencies experience short pump cycles during this bear market like AI and meme coins. So what will be the spark that ignites this next potential absolutely face -melting crypto bull cycle? Hello, I'm Crypto Casey and in this video we are going to explore what could likely spark the next bull cycle in five newer cryptocurrencies I'm looking to gamble into this next market cycle. Let's hit it.
THE EMBC NETWORK
A highlight from Women's Empowerment Series with Dr Hynd and Mae Cassie Karen
"Yes, okay, go live. Okay, I think we are. Okay, so we are live and it seems to be factually very well on YouTube and in the Facebook group. So welcome everyone to the Women's Empowerment Series. I have an incredible and very intriguing and amazing guest with me today and I'm very honored to have you, my dear May. Welcome. Thank you very much. It's great to be here. Finally, we had a meeting. Yes, yeah, but that's okay. We're live streaming with the same link. It doesn't show on LinkedIn, but it will play on a replay. But I'm just so happy to have you and so happy to portray and present your beautiful story of resilience, of believing in yourself, of, you know, making it no matter what. And I think this series as really for that is really to give the hope to others, women, to inspire them and to make them feel that, you know, you can reach whatever you want no matter what you go through. So welcome May Casey. Yeah, May Casey is my Facebook name, but my name is Karen. Okay, well, welcome, Karen. I'm so honored to have you. So you're connecting from Ireland. Tell us about you. Who is Karen? Thank you so much for having me on. It's an honor to be here. There are a lot of people joining. Tell us, hello, we want to see you. Let us know where you're connecting from. And we want to greet you at the same time and Karen too.
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: Noelle Acheson On Whats Not Happening With Bitcoin
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to Money Reimagined. I'm Sheila Warren. As a reminder, you can listen to us weekly on the Coindesk Podcast Network or wherever you get your podcasts. And we podcast at coindesk .com, subject line Money Reimagined. Michael's off moderating a panel today and so I am joined by a frequent guest on the show, Noelle Acheson. I'm thrilled as always to chat with her. Noelle is now the new host of Coindesk Markets Daily and we'll spend some time today talking about the crypto markets, specifically what's going on with Bitcoin or not going on with Bitcoin, more to the point. Noelle is joining us from Spain and she has a view into European markets as well. Noelle, let's get right into it. It's so great to see you. Sheila, always great to see you. Thanks very much for inviting me to join you today. It's a fun day. I mean, we're traveling the world. You're in California, if I'm not mistaken. I'm over in Europe and this is going to be a lot of fun because while crypto markets have been quiet over the summer, they certainly haven't been idle. No kidding. And I think if anything, people are wondering, I think let's just get to the question on top of mind for most of our folks who are into crypto and not the lay people who tend to join us, which is what's going on with this bear market? How long is this going to last? Why aren't we seeing a little more of the usual volatility, right? Which is we've come to think of as a feature, not a bug. What's that about in your view? There's so much to unpack there, but I'm going to start off with a fairly controversial view in that we are not in a bear market anymore. I mean, look how much Bitcoin is up since the beginning of the year, quite double, but not far from that. And there's been just so much going on. Institutional interest is low. So if you want to go by that definition, I suppose you could say it's a bear market, but no, I go by it's done pretty darn well. It has outperformed stocks easily. And it also, Sheila, depends on what currency you're looking at. If you look at Bitcoin versus in the dollar terms, then it's up. I haven't checked the figures today, but it's what, 70 % last time I checked, 76%, whereas they are in the Turkish lira, it's up something like 120%. In Argentinian pesos, it's up over 200%. So again, I don't think we're in a bear market entirely depends on the point of view. That said, the institutions are yet not interested. They are standing on the sidelines for now, which is very strange when you consider the relative risk in crypto versus a whole lot of other assets that they are invested in. I am of the belief that we have an almighty stock market crash coming because there's no way the consumer can hold up and stock prices are discounting consumer strength. They're discounting Fed cuts in the near term. They're discounting a soft landing. I think all of those are pipe dreams. I also believe bonds are incredibly risky investment at the moment because of the misconception of what the Fed really is after here, which is bringing down inflation at whatever the cost. And they have plenty of tools in their arsenal to ensure that the financial system continues whatever interest rates are. So going by tracking slightly, the institutions are surprisingly quiet at the moment. One, because of the macro uncertainty, they've got a lot on their plate at the moment just trying to figure out the direction of the asset classes they are more used to. And also two, you touched on this already, so we can dive into that. There is very little volatility in crypto markets today. And that is a problem. Volatility in crypto markets is not a bug. It's a feature. And its absence is the main reason behind the low liquidity, which is keeping the large investors out. With low liquidity, they run slippage risk when they get in with large orders. And they run exit risk in not being able to exit should they need to. And anything but large orders is just not worth their time. I knew you would go there. And I love it because I think what is a bear? It's all contextual. And you have to look at specifically Bitcoin, but I'd say crypto in general, compared to what are your other options? Are people really investing in real estate at scale right now? Is that a thing that seems wise? I guess it depends on where you are in the world, right? So in so many ways, I couldn't agree more. I think people are looking at the extended caution, shall we say, of institutional investors and over pegging to that, if you will, as an indicator of where the market actually is. Now, next question for you, though, is given that we do have some positive signaling around Bitcoin ETFs, well, it's mixed. Okay, fair enough. We've extended some applications. The SEC's extended applications here, but Grayscale got a positive outcome. Why are we not seeing more institutions engaging with Bitcoin? What's your view on that? Well, how much, I guess, do you think, how important do you think, first of all, threshold question? How important do you think a Bitcoin ETF is to institutional investors? How important should it be? Different question. And then why do you think institutional investors aren't necessarily reacting to this signal such as it is? In order, yes, very. And it's the lack of volatility. Yes. Yes. Investors should be focusing on the likelihood of a Bitcoin spot ETF. Let's throw the ether spot ETF in there as well. Why not? Why is this important? Because it will bring in new investment. It's a convenient wrapper. And let's face it, you and I are fairly used to managing crypto wallets, but most people aren't. They've improved so much over the years, but they're still kind of finicky. And your average investor who just wants to do a couple of taps on his or her screen isn't going to sell it. And the seed phrases, it's kind of it's kind of a hassle. So when it is as easy as, again, a couple of taps on your screen or just telling your broker, please get this Bitcoin ETF, I mean, to get some exposure for portfolio diversification reasons, even if you're not going to buy into the whole decentralized eagles, just for diversification reasons, it makes sense if it's easier, there will be new funds coming in. And Sheila, it's something that we often tend to overlook. Every single bull run is driven by new funds coming in. Tends to be institutional funds to start with, because that is the smart money. They have different risk profiles, et cetera. We know the bull run is nearing its end or running out of steam when the retail starts to come in. That's generally the latter half of it. But the institutions are still waiting for some signals, one of which is one of which would be, I should say, the approval or actual listing of Bitcoin spot ETFs, whether they care or not, because I'm sure they have plenty of smart people on their staff who could handle custody for them. They're thinking about what everyone else is thinking. It's not so much what I'm going to do. It's what is everyone else going to do and can I get ahead of that? So, yes, the spot Bitcoin ETF is very important for the markets and it is looking increasingly likely. I think it's going to happen this year, latest, obviously spring of next year. But I think there are strong incentives for the SEC to get ahead of this and to approve all of the applications in one fell swoop so that they can't be accused of picking favorites, even though I'm sure they're quite tempted to do so. Probably that's not a minefield they want to wade into. And as for why are they not doing so right now? One, they don't see the momentum there yet. Now, there are always exceptions. And I think we're starting to see some signs of that. But in general, institutional investors like to think what other institutional investors are going to be doing. I'm not saying they're pack animals, but they do like to wait for some momentum. It's not there yet. For the reasons that we were talking about before, right now, the liquidity is just painfully low. It's risky. We want some volatility in the market. An interesting question, Sheila, is what will it take for that volatility to come back and what will it take? So what would it take for the liquidity to come back? Because that's the key. In fact, even more so than volatility, liquidity is what the institutional investors are waiting for. And the answer to that, in my opinion, is volatility. Why? Because market makers and the high frequency traders that are responsible for a large part of the liquidity in the crypto markets, they need that volatility to make money. The market makers hedge their positions and hedging and crypto is more expensive than hedging and other assets. And if there isn't that volatility there, they're not going to cover those hedging costs. And as for high frequency traders, it's just not worth their while unless there is that volatility on which they can make money. So when we start to get volatility, we will start to see more liquidity. When we start to see more liquidity, we will start to see institutional interest because the asymmetric risk profile is there. There is less downside right now in Bitcoin to choose one example than there are in many stocks. There is more upside, arguably, in Bitcoin to choose one example than there is in many stocks at these valuations. And this is something that for sure smart institutional investors are thinking about. Something I think that gets missed a lot is in the sort of CFI, DeFi, I don't want to call them wars, but kind of the camps that we have within the crypto ecosystem, right? And this idea that TradFi versus CFI versus DeFi, you know, kind of mindset is that a lot of the liquidity comes from various forms of exchanges. If you can't exchange something, if you can't trade it, if you can't buy it and sell it just to be as plain as possible for those of our listeners who aren't as familiar with this terminology or how this works. If you can't trade something, if you can't exchange it and buy and sell it, it doesn't have any liquidity. It's a stuck asset and it can't provide option value for you. You can't move within it freely. And that is not attractive in many cases. In some cases, you don't mind that, right? All of us are familiar, well, most people I think who listen to this show are familiar with the idea of buying and holding an asset. Real estate's a great example. You buy some of your intentions to hold it for a very long time. If the market makes little moves here and there, you don't necessarily care, right? This is the whole theory behind single family residences or buying your home or owning a home as an asset. Other kinds of things, especially digital assets, are very different. The idea is that you can trade them faster and they are more liquid. And that is meant to be a feature of the asset. If that liquidity is compromised in any way and there are multiple ways it could be compromised. It could be compromised because people are afraid to sell. It could be compromised because suddenly they're faced with a gigantic tax event if they sell. So they might sell in smaller amounts. It could be because there's some regulatory thing happening that makes people very nervous. It could be because an exchange shuts down. It could be because a bank failed. There are all kinds of reasons why liquidity might be affected. And so I think what's interesting to me is when I think about the TradFi, DeFi versus DeFi kind of framing, the idea is, well, what's really needed is the exchange. The exchange is the functional place where this kind of thing happens. And the more places there are to trade, to exchange these assets, the more optionality you have around liquidity. But I'm just curious to get your thoughts around the role of exchanges, different kinds of exchanges and what would happen. I think this is something a lot of us are back of mind, very concerned about what would happen if one of the major exchanges suddenly became unable to list a token. Let's not let's leave Bitcoin out of it. I think that is a very unlikely thing. But if another token suddenly were unable to be exchanged for any number of reasons, what might the consequences of that be? Are we looking at another potential major crash? Over to you, Noel. Lots of unpack there and stepping back, this reminds me of that saying, you know, if a tree falls in the woods but no one hears it, did it actually fall? If something doesn't trade, it doesn't really have a market price, as you pointed out. However, Bitcoin has had a market price since 2010, effectively, it always will have a market price, whether that market price is legitimate, legitimate in the sense, does it represent the market opinion at any given point in time? That entirely depends on the liquidity and the distribution of the exchanges that are trading it with smaller, more liquid tokens, the altcoins, if you will, that does become relevant. That becomes relevant when we're talking about very thin float. If you and I were to exchange two percent of a token, which involved, you know, you and I swapping three shares, maybe three tokens, maybe if that turned out to be two percent of the free flow, then you and I can really move the market. That's not representative and that is going to affect the liquidity. In other words, you're not going to get big orders or major investors looking at that because that would be irresponsible of them and they have a fiduciary duty. So liquidity is fundamental. Liquidity does depend on the number of and characteristics of the platforms that allow for the exchange of these assets. And coming back to your last question, unfortunately, we can all still remember much to our chagrin what happens in the market if a major platform just disappears or implodes. You know, we're still working through the debris of what happened to FTX in November, and it's not quite over yet. Unfortunately, it's another another headwind. So exchanges are super important. And as for the debate about what is better for the ecosystem, the centralized version of the decentralized version, the centralized version right now is what most institutional investors have to use. They do not have the regulatory authority or the permission of their compliance departments to deal on decentralized exchanges. I think that's temporary. I think that will change as compliance departments around the world get more comfortable with idea. But for now, centralized exchanges are key for this. They provide certain comfort and regulatory cover. And when it comes down to the question, which I get asked a lot, you know, we don't need the institutions in this industry. We don't want centralized. It's anti -crypto kind of thing. And my response is always, we get to decide if the market will decide if the market doesn't want centralized exchanges, they will cease to function. But unfortunately, the market does want them. And that's one of the points of crypto. It's the free market. The market decides. Now, that's not that's, you know, very handwavy, truthfully, legislation regulators around the world are grappling with the requirements of of what centralized what crypto centralized exchanges should what rules they should follow. And this is important because it's investor protection. We can all get behind the idea of investor protection. But the it's like water. It will find the easiest path. It will find a way to move. It just needs to move. If the jurisdictions such as the United States do not get some clear guidelines in place, then the liquidity will move elsewhere. We're already seeing that. If I can throw in a totally different twist, and this is another very significant tailwind that we are not is being looked in my opinion, and this is relevant to liquidity, is what is going on in India at the moment. We saw the wrap up of the G20 meeting this weekend and one of India's goals for being Just to interject really quickly to just note for our listeners that India has the presidency of the G20, which is so they are setting the tone for a lot of the conversations in addition to some of the content. But please continue, Noelle. Absolutely. In fact, they said at the outset that one of their overriding goals for their presidency was to establish global guidelines for crypto regulation coming from India. This is fascinating because you've got the central bank wanting to ban it. I mean, even earlier this year, the central bank governor said that crypto assets were not even tulips, which is very insulting. But you also have the Supreme Court saying that the central bank cannot forbid banks from servicing crypto companies, but no bank wants to. The central bank doesn't approve, et cetera, et cetera. In other words, in India, crypto trading has been muted because of regulatory pressure and the punitive tax rate. However, with India having succeeded in its goal at getting some, in my opinion, toothless guidelines around crypto, still they are indeed global guidelines. We now have India saying that it is going to be focusing on its approach. That is a massive market. This is just one milestone in what I'm seeing around the world, Sheila, and that is a steady march toward greater crypto clarity, even in the US. I mean, the decisions that have come down from courts over the past few months, handing victories to, not to the SEC, but to the crypto companies that the SEC has been doing battle with, it's a slow and painful march, but it is a march toward crypto clarity, even in one of the most resistant jurisdictions. But that covers a potentially huge market as well. Yeah, and I have to contextualize that as well. So when I first met with the Reserve Bank of India, the RBI back in, oh, gosh, it must have been like 2018, 2019 at the latest, it was just, you know, listen, we've got our universal payments interface, we've got UPI, we've got a universal identification system, everyone's on it, you know, we don't need any of this stuff. We're already taking a lot of steps to make sure everything is happening. And it's a really fascinating march towards, I mean, frankly, high surveillance. OK, but what's really interesting is you have a populist prime minister in Modi who is somewhat analogous to Trump. I say that realizing it's a controversial stance, but as a person of Indian descent, I feel very comfortable making the statement. And yet you had the exact opposite move with respect to crypto in the country for quite a period of time. So this thawing, while it is minor compared to other moves being made, is extremely significant. And the idea that now that I think some of the other moves that were made by the Modi regime have been pretty cemented and they're kind of commonplace and they're sort of a psychological adjustment on the part of the population to the use of these kinds of things, you're now seeing, I think, kind of the next thing, which is, OK, this other thing is happening. Digital assets are blowing up all over the place, maybe not in terms of the price, but in terms of the ubiquitousness. Right. There's a clear stickiness here. The U .S. and the SEC there are not, frankly, winning their apparent, well, Gary Gensler, especially in the Pacific, Gary Gensler's apparent quest to ban the asset class. That does not appear to be successful. Europe, the UK are moving in the Middle East, moving at a march pace into this. Brazil, all kinds of places. And so I think India, to some extent, doesn't really have a choice. They have to take this very seriously. And there are no fools over there. They're recognizing what this might look like within their context of the financial system that they have very, very deliberately laid out. Now, this government is not averse in any way to making extraordinarily dramatic changes overnight. OK, so this is a government that, what was it, a few years back, just banned certain bills, just took them off the market with 24 hours notice. So you basically had it was a very high denomination paper currency. And the idea was you had basically 48 hours to take them to a bank and get them exchanged. And if you didn't, they were worthless. You could not use them anymore. That was ruled out with almost no notice, basically overnight. It caused a huge kerfuffle among certain classes in India. But the idea was it was an attempt to get black market money and turn it into white money and to say, you're holding this in these giant denominations, you can't do it anymore. So they have no hesitation in doing things super quickly. And so I think that's also important context is if they were to decide we're going to lean into Bitcoin, crypto, certain kinds of products, whatever it is, it would happen potentially extremely quickly. It's not the kind of thing that ever else would need months of back and forth and legislation and this and that and public comment. They would just do it and go. So I think it's one to watch, not just because they have the presence of G20 and that will set a tone, but also because to your point, it is a massive market that has remained pretty closed in terms of a lot of opportunities to outside and not just investment. That's a different issue, but to outside engagement within the rails that the country runs on. Absolutely. And it's not only a massive market, it's a massive entrepreneurial culture itself that has had to pretty much sit on the sidelines with its cost waiting for some sort of clarity. Not only that, it is also a culture that is not averse to speculative trading, similar to other economies in Asia, similar to many economies in developing worlds, Sub -Saharan Africa comes to mind. And when they initially clamped down, they saw it as a threat to the UPI and also to the digital repeat that they're trying to increase the usage of. But that is bucketing crypto into payments use. The fact that they are now aware that, hey, if we let people trade this, there is going to be significant tax revenue behind this. Plus, we're going to be giving people what they want, which generally polls quite well and turns out quite well for in the elections. But it's so it reflects a growing a deepening understanding of what crypto can do. And it's standable. It's difficult for many for many to get their heads around, let alone leaders of giant economies that have other things to worry about. But it's significant. Going back to what you're saying, Sheila, about India's role in the G20 this year as its president, it did guide it towards some global framework, clumsy global framework. But a global framework, that's a start. You have the IMF actually acknowledging the point in banning this. It's in the pattern on their previous statements. The presidency passes to Brazil in December. Brazil is very pro crypto. Brazil has a host of spot ETFs. Brazil's leading crypto exchange is right now in trials with the central bank on the digital currency that they're launching. You have banks that are quite happy to serve as crypto businesses. In other words, an entirely different environment which could push the G20 into an even more accelerated understanding of the potential of crypto assets and stepping back for a second. It highlights what you and I have spoken about before, Sheila, about the one complexity, but to the opportunity of an entirely new asset class that is many things to many people. Crypto is a speculative asset to some. It is a payments rail to others. It is an entrepreneurial platform for many. It is many things, and that is very hard to regulate, but also does present great opportunities for those brave states that are willing to embrace the potential.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from The Future Of Web3! What's Ahead? (Top 5 Predictions!) Plus: Capitalize On What's Coming!
"What is Web3? Heck, what is Web2 or even Web1? And why should we have at least a basic understanding of what they are as crypto investors? Well, let's start from the beginning and define Web1. What is Web1 or Web 1 .0? Most of us can recall when it was necessary to type in www dot in front of whatever website we wanted to access several years ago. And the www stands for World Wide Web, which is the internet. When the internet first came around, some of us can remember that horrid screechy noise that blared when our computers were attempting to connect to the internet via dial -up. So at this time, the internet was in the Web1 or Web 1 .0 stage. And the number one represents the first development stage of the World Wide Web or the internet. And the key characteristic of this first iteration of the internet was simple static websites. So we could look at web pages and browse around, but there wasn't a whole lot of interaction between websites and users like us, besides crappy email services and chat rooms. Eventually as time went on, servers were upgraded, developers learned new skills and eventually Web2 or Web 2 .0 emerged. What is Web2 or Web 2 .0? The number two in terms of Web 2 .0 represents the second development stage of the World Wide Web or the internet. And the difference between the simple static websites of Web 1 .0 and Web 2 .0 is the ability for internet users like us to create our own content in the form of profiles, accounts, blogs, comments, reviews, videos and social media. So Web 2 .0 is characterized by websites becoming more dynamic and responsive, like the ability to do Google searches across multiple websites, create driving directions for roadmaps, create social media profiles, interact with other people's content by liking, commenting or reacting to them. So essentially, interoperability was achieved in the Web 2 .0 development stage, where different websites and applications could connect and interact with each other, like how we can connect our social media accounts together or use widgets to see Twitter feeds, news feeds, stock and crypto price feeds, etc. And it's important to note that there is no formal date or specific marker that delineated when Web 1 .0 morphed into Web 2 .0, which is the same thing for the concept of Web 3 .0 at the time of this video. So what is Web 3 .0 or Web 3 .0? Web 3 .0 is a term used to refer to the third, currently emerging, developmental stage of the internet. The difference between the simple static websites of Web 1 .0 and Web 2 .0 was the more interactive, dynamic and interoperable websites of Web 2 .0. While with Web 3 .0, the internet operates on decentralized technology that no one person or entity can control, allowing pretty much anyone around the world with a smart device to connect to and interact with users and applications directly on the internet, without the need for third parties. And another defining characteristic of Web 3 .0 is the application of artificial intelligence. So with Web 3 .0, we are seeing faster, more robust development, more inclusion of users, and ultimately, it will increasingly become a part of the infrastructure of our everyday lives. Hello, I'm Crypto Casey, and in this video, we are going to explore five predictions about the future of Web 3 .0, how it will eventually not correlate with bull markets, bear markets or market cycles at large, and how it's great for us crypto investors long term. This video was inspired by a tweet thread by my favorite crypto macro economist, Tasha Che. So if you've got Twitter, now X, follow her profile at Tasha Labs for more great crypto content. Awesome. Let's hit it.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from Mindset for Success! (In Crazy Times) How To Get What You Want (3 Daily Steps To Freedom!)
"We have reached an inflection point and the world is on the verge of radical change. Almost every single piece of media on the internet has been all doom and gloom over the past year. Recessions, depressions, bear markets, China's collapsing, commercial real estate is collapsing, banks collapsing, interest rates hiking, demise of the dollar, CBDC's enslaving us, the Russia war Ukraine, potential nuclear fallout, energy crisis, climate crisis, unsustainable population decline, AI becoming sentient, COVID censorship, regulations killing crypto, the great reset is coming, you will own nothing, you will have no privacy and be happy. Literally not a lot of truly novel content is circulating and matters between all of us human beings are coming to a head as well. Today we have unprecedented tribalism and division with politics, religions, vaccination status, racism, sexism, ageism, pronouns, poor vs rich, moon landing, fake or real, earth, flat or round, star wars, star trek, Gryffindor, Slytherin, Ethereum, Cardano, it's just utter madness. So this video is going to give us some simple refreshing clarity with one key mental foundation we need to establish as crypto investors that we can build on to achieve financial freedom over the next few years. So on social media I asked everyone why they got into crypto and why they are still in crypto and basically we all want two things. One we want the world to become a better place and two we want to be able to enjoy a life of financial freedom. Yes blockchain technology and crypto have the potential to make the world a better place and help some people on their journey to financial freedom but it's just one small crazy piece of a massive complicated puzzle and this small crazy puzzle piece has hardly anything to do with which coin should I buy to sell to someone else at a higher price later because the fact of the matter is we are in the midst of a terrifying macroeconomic environment that is not going to be great for a lot of people and investments especially crypto. It's brutal now and it may get worse or it's possible that the worst is behind us. Either way we all need to be prepared for all possible outcomes. Another cold hard fact is that if all of us suddenly became multi -millionaires from a lucky crypto moonshot over 90 % of us would mismanage it and end up exactly where we are now or possibly even worse in a relatively short period of time and that isn't financial freedom but let's just imagine for a moment that we are all multi -millionaires have achieved generational wealth and that it will last us our lifetime and the lifetimes of our families. Now this is where the rubber meets the road because as annoying as it is to hear there is a lot of truth to this and it's that once your money problem is solved your problems become existential. Once we've got the house the car lots of other houses lots of other cars the private jet and all the free time in the world all of the problems that used to fill our mind like paying the cell phone bill putting gas in the car and putting food on the table they get replaced by different problems that are much harder to solve and new problems replacing old problems is a natural part of the human condition. We need changes of state to stay content we need a sense of purpose and when we have unlimited means and time to do whatever we want things can get weird. These problems become very hard to solve and hardly anybody around you understand or empathize with you because it's lonely at the top and when you're rich nobody will ever feel sorry for you. So what's great is we've got whatever is left of this bear market to develop a mental foundation we can build on to solve or outright avoid these problems and this same mindset has helped countless people achieve financial freedom because what we all think and what we believe dictates our reality and our perception of reality. Hello I'm Crypto Casey and start taking today to help us start developing a foundation for our mindset to achieve financial freedom in the midst of this crazy new world that's being forged right before our very eyes with lots of unknowns for our futures. Let's hit it. Please be sure to check out our sponsors Morales Money, iTrust Capital and Tangent Wallet. Find undervalued altcoin gems before they pump in the next face melting bull market with Morales Money. Invest in and trade cryptocurrencies tax -free within an IRA or individual retirement account with iTrust Capital and invest in your very own cold storage hardware wallet like Tangent Wallet. It's the size of a credit card, multi -currency, multi -chain and it's by far the most cost effective and easiest crypto wallet to set up and use on the market right now. Orders have been backed up for a few weeks so pre -order one to get your spot online for the next batch of wallets.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from Bear Signal Flashes! How To Play The Rest Of 2023 (#1 Strategy and Mindset!)
"Checking out the BSI indicator, or Bitcoin Strength Index, which combines both short -term and long -term technical analysis indicators with on -chain analysis, as of Monday, August 21st, we have officially flipped back into a bearish trend since we flipped bullish back in January of this year, 2023. What does this mean? Historically, when looking back at the year before the last halving, which is the situation we're currently in, when the BSI indicator flips bearish, we're looking at a few weeks or months, possibly through the rest of 2023, of sideways price action that trends downwards. So what's our play? What strategies should we implement to get us through the rest of the year in order to build our portfolios as efficiently and effortlessly as possible while getting a strong position to make gains and take profits in the next bull run? Well, lucky for us, as we've explored throughout this bear market, the best opportunities to achieve financial freedom in a relatively short period of time in crypto is actually during times like these. Bear markets are more beneficial for us, who have been in the space or are just now getting into the space, than bull markets, as long -term investors in cryptocurrency and blockchain technology. Sure, bull markets are a fun, exciting long ride because when cryptocurrencies hit all -time highs, that means everyone is in the green, everyone is in profit. However, even though bull markets feel good, it's the bear markets that will make us rich. A key fact we all need to be mindful of is during market drops and recessions is when the biggest wealth transfers occur. Why is it so? Well, people get emotional and they let their emotions drive their investment decisions. And one of the most powerful emotions that leads to the worst investment decisions is fear. Fear of missing out on opportunities and fear of losing our hard -earned money. So when there is a significant drop in the market, people get scared, panic, and sell their positions. And in order for a sell in the market to occur, there needs to be a willing buyer. Mass sell -offs from fear -stricken people transfers wealth to brave buyers. But if you think about it, are buyers during bear markets actually brave, or are they just pragmatic? Consider these two very salient and very accurate facts that have been proven time and time again. In bear markets, we can accumulate more for less versus in bull markets where we accumulate less for more. And two, bear markets always come to an end. They don't last forever and may feel like forever because they can be quite boring for the most part, but bear markets eventually turn into bull markets. So the best way to avoid emotional decision -making is one, by adopting a wealth mindset and two, implementing a proven strategy and sticking to it no matter what. Hello, I'm going to explore beliefs we need to accept in order to develop a wealth mindset and strategies we need to implement in order to maximize this once -in -a -lifetime opportunity as early investors and revolutionary technology. Let's hit it. Please be sure to check out our sponsors, Morales Money, iTrust Capital, and Tangiblet. Find undervalued altcoin gems before they pump in the next face -melting bull market with Morales Money. Invest in and trade cryptocurrencies tax -free within an IRA or individual retirement account with iTrust Capital and invest in your very own cold storage hardware wallet like Tangiblet. It's the size of a credit card, multi -currency, multi -chain, and it's by far the most cost -effective and easiest crypto wallet to set up and use on the market right now. Orders have been backed up for a few weeks so pre -order one to get your spot online for the next batch of wallets. Scroll down and use links below to access the correct and official sites as well as redeem any special offers they have for us. Sweet. First, let's talk about mindset. When markets take and people get scared, logic and facts go out the window. And as crazy as it sounds, facts and logic aren't a part of the mindset we need to adopt to achieve and maintain wealth. Beliefs create and drive our mindset. In fact, depending on what we all believe, will either keep us where we are or help us get to where we want to go, become who we want to be, and ultimately create the life we want to live. I actually dive more deeply into beliefs we need to adopt for success in crypto in another video which you can check out by clicking on the link above. So let's touch on five proven powerful beliefs we can adopt, embrace, and use to create financial freedom. Belief one. Crypto is a once -in -a -lifetime opportunity. We all need to recognize and accept that this is our absolutely unique once -in -a -lifetime opportunity to generate and accumulate potentially massive amounts of wealth in an unusually short period of time. This is our modern -day dot -com era in the midst of a post -covid economy. It's our chance to invest in the upcoming FAANG or MANG stocks, which are Facebook now META, Amazons, Apples, Netflixes, and Googles of the future before they skyrocket it. And countries around the world are ditching the dollar and starting to adopt Bitcoin as an alternative asset along with big financial institutions like BlackRock and Wall Street, quietly accumulating massive amounts of Bitcoin. So if we've been here or if we're just becoming crypto investors, our timing is impeccable. Nice. Belief two. Fiat is a failing economic experiment. In the US, especially through the Covid pandemic, we've all seen that those closest to the money printers get the money. The rest trickles down from there. Politicians and the US government don't work for us. They work for their corporate cronies. And fiat systems are one of the main reasons we have such a radical gap between lower and middle class people and the wealthy elite. In fact, every single fiat system throughout human history has failed. So it's important to realize and understand that fiat systems are a failed economic system for the mass majority of humans on the planet, as it only serves a small elite group of people. Cool. Belief three. We are still early. So many of us feel like we missed the bow and are late in the game, when in reality, we are just getting started. There are tons of people that don't understand crypto. And there are some people that still have never heard of Bitcoin, blockchain or cryptocurrencies. Literally, people are crying about getting in so late. While we've only achieved Atari pong like gaming experiences on the blockchain, compared to the immersive virtual reality, augmented reality and metaverses yet to come in the long term. This technology and its use cases are still very new. And there is still a massive amount of unrealized value that will come to fruition over time. So accept and embrace that we are all still early suite. Belief four. Crypto is the key to financial freedom. This is probably the most powerful belief any of us can adopt, embrace and use to create financial freedom in our lives. A perfect storm of events has coalesced and given everyone who has the desire and motivation and patience to achieve financial freedom in this new and emerging market. And remember, like I said earlier, although all of these are facts, people don't operate off of facts as passionately or completely as they operate off of beliefs. And with the likely unavoidable onslaught of CBDCs or central bank digital currencies that will be distributed by several countries around the world designed to completely control how we use our money, or if we even get to use our money at all, decentralized blockchain based cryptocurrencies like Bitcoin will be the only way we can actually completely own and control our assets and wealth. The only way to ensure true financial freedom now and in the future. Nice. Belief five. Consistent investing practices is key to success. During times when the markets take a nosedive or trend downwards, some people that had great positions sold due to FUD or fear, uncertainty and doubt. And at the end of the day, the markets absolutely operate off of manipulation and human feelings. So if we're going to be successful as crypto investors, we need to adopt and consistently follow an investment strategy. Which brings us to the second best way we can avoid emotional decision making during a bear market implementing a proven strategy and sticking to it no matter what. What's worked well for most people that have experienced success in crypto investing is by adopting the DCA investment strategy, which stands for dollar cost averaging. What is dollar cost averaging? Dollar cost averaging is when you decide on a certain amount of funds you would like to put towards an investment at a certain frequency. For example, let's just say you decide that every Monday morning, you're going to start dollar cost averaging $100 into Bitcoin once per week. So every Monday, over a long period of time, you are consistently investing in Bitcoin, regardless of the price. And what happens is you decrease your exposure to price volatility. As a crypto investor, I suggest figuring out the projects you want to invest in for the long term, decide an amount you want to allocate in the frequency with which you're going to invest and stick to it. It could be $10 per day, $1 ,000 per month or whatever works for you. Just remember, in crypto investing, consistent investing practices are the key to success. Decide on an investment strategy and be consistent in its execution. And what's great is that a lot of crypto exchanges let you decide an amount of crypto and the frequency you want to buy it so you can automate your new dollar cost averaging strategy without having to take time out of your day or week or month to actually do it. So if you'd like to see my list of recommended exchanges, make sure you scroll down to the description area below to access the correct and official sites, which also come with some signup rewards and bonuses. So be sure to check them out. Cool. So now let's check out some historical price data from the most recent bear and bull cycles and compare the results of implementing a DCA or dollar cost averaging strategy of $10 per day, which works out to about $300 per month during the bear versus bull market. First, a quick word about time tested assets that are uncorrelated with traditional stock and crypto markets like fine art. Most people don't know that Jamie Dimon, the CEO of the largest bank in the US, JP Morgan, is big into art. In fact, his personal art collection is unbelievable. It's not $5 million. It's not $50 million. It's not $100 million. Diamond's personal art collection is over $900 million. Crazy. So art is one of the oldest asset classes there are, and typically only the ultra wealthy like Diamond have had access to fine art investments until now with Masterworks platform. Masterworks removes the barriers we would otherwise face if we tried to invest in art on our own because the costs are extremely high for the average investor. So with a $10 million piece of art by Banksy or Picasso or whoever, we can now diversify our portfolios into shares of these assets. Masterworks makes this large asset class now accessible to a wide range of investors with their platform that transforms physical art into share based ownership. And this is great because when comparing returns from different assets during periods of high inflation, like we are currently experiencing, gold does roughly 0 .2%, S &P does about 3 .8%, Reats do 5%, contemporary art does 23 .2%. So there is a waitlist to join Masterworks. However, if we use the link below, we can skip the waitlist and start diversifying our investment portfolios into this unique asset class today. So scroll down and check it out and see important disclosures at www .masterworks .com. So the last crypto bear market started in January of 2018 and lasted until around September of 2020. So investing $10 in crypto per day during this time period would have resulted in a total investment of about $10 ,040. The last bull market started in October 2020. And though it peaked in November 2021, we didn't really know if we had entered the bear market for a few months, like April 2022. So investing $10 in crypto per day during this time period would have resulted in a total investment of about $5 ,730. Alright, so I pooled historical price data for both time periods to compare gains for both Bitcoin vs Ethereum vs Doge. And using the price data, I calculated that the total amount of each crypto a $10 investment would have gotten you at its specific price on that particular day for each separate time period, the bear market vs the bull market. Then I calculated what the value of the total amount of crypto you would have accumulated during that period equates to today. So let's start with Bitcoin. If you had bought $10 worth of Bitcoin every day from October 2020 through April 2022 during the last bull cycle, you would have accumulated about 0 .167 Bitcoin, which at the time of this video is worth $4 ,378. So from your total investment over that time period of $5 ,730, you would have lost $1 ,352, which is about a 24 % loss. Ouch. Now if you had bought $10 worth of Bitcoin every day from January 2018 through September 2020 during the last bear market, you would have accumulated around 1 .4235 Bitcoin, which at the time of this video is worth $37 ,189. So from your total investment over that time of $10 ,040, you would have made $27 ,149, which works out to about a 270 % gain. Amazing. So you can already see the vast difference a market cycle can make when investing a steady amount over a period of time in a bull vs a bear market. And just to show you the difference between Bitcoin, the most mature cryptocurrency with the largest market cap and most price stability, let's look at how a steady investment in the Bitcoin market can make when investing a steady amount over a period of time in a bull market. So if you had bought $10 worth of Ethereum every day from October 2020 through April 2022 during the last bull cycle, you would have accumulated around 3 .8907 Ether, which at the time of this video is worth $6 ,416. So from your total investment over that time period of $5 ,730, you would have made $686, which works out to be about a 12 % gain. Not bad. Now if you had bought $10 worth of Ether every day from January 2018 through September 2020 during the last bear market, you would have accumulated about 46 .4E, which at the time of this video is worth $76 ,526. So from your total investment over that time period of $10 ,040, you would have made $66 ,486, which works out to a 662 % gain. Incredible. Starting to see it, right? Finally, let's check out Dogecoin. If you had bought $10 worth of Dogecoin every day from October 2020 through April 2022 bull cycle, you would have accumulated about $366 ,684, which at the time of this video is worth $23 ,022. So from your total investment over that time period of $5 ,730, you would have made $17 ,292, which works out to a 300 % gain. Cool. Now if you had bought $10 worth of Dogecoin every day from January 2018 through September 2020 during the last bear market, you would have accumulated about 5 .4 million Doge, which at the time of this video is worth $339 ,675. So from your total investment over that time period of $10 ,040, you would have made $329 ,635, which works out to about a 3 ,283 % gain. Unbelievable. So now that we know the mindset shift that needs to take place and a simple proven strategy we can implement during bear cycles to accumulate and compound wealth, let's talk about one of the best advantages of bear markets that most people completely miss out on. In bear markets, people get scared, they sell, and they ultimately get bored and turn their attention elsewhere, sometimes for good or sometimes until the next bull cycle. All the media hype dies down, all your crypto chats go quiet, some project development slow or come to a halt altogether. The whole crypto space just hunkers down for winter. Yes, it sounds hopeless and unfortunate, but bear markets are actually gifts that most of us won't bear. Bear markets give us time to build without distractions and accumulate more wealth at a much lower cost. For example, I started this channel six years ago right before the last crazy bull run when Bitcoin went from around $2 ,000 all the way to $20 ,000 in a few short months. Shortly following that was the bear market we discussed earlier from January 2018 to September 2020. And it was during those two short years that were boring and painful as heck where I was able to use that downtime to build sources of active and passive income, which allowed me to increase the amount of money I could dollar cost average into crypto positions. And I also was able to build my knowledge in the space to create more content, establish a brand and grow my crypto network, both online and offline. These efforts ultimately allowed me to reach and surpass my goal of becoming a millionaire by 30 by becoming a multimillionaire by 28. And I by no means had a lot of money to work with during that time. So if I can do it, we can all do it. Awesome. So if you would like to have a Eureka moment and finally understand how cryptocurrency wallet seed phrases and private keys work, check out this video. If you would like to learn more about the upcoming Bitcoin halving event in April 2024, and what it means historically for its price, check out this video and to get your very own tangent wallet, click on the link on the screen, like and subscribe for more. Be safe out there.
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: The Thrilling Frontier of Tokenized Assets and Their Impact on Bitcoin
"Hello, and welcome to Money Reimagined. I'm Michael Casey here this week with my co -host Sheila Warren. You can listen to us weekly on the CoinDesk Podcast Network or wherever you get your podcasts. We would love to hear from you. So tell us what you think in an email at podcasts at coindesk .com using the subject line Money Reimagined. All right. Well, Sheila, that's it. Summer's over. Labor Day weekend done. Get down to work. All right. This is it. We're sort of diving in here. Bit of news going on around the place in the regulatory world, which of course is a major interest of yours. But I think today I'd really like to dive into the conversation around tokenization. It seems as if the word that was a buzzword for a number of years has become an even bigger buzzword. There's a lot going on in this RWA, real -world asset concept. Some sort of seeing it as the mainstream, or at least the trad -fying killer app almost for crypto. But I got a lot of thoughts, a lot of different ideas on it. But before we go into that, what's going on? We've got news out of Australia. Yeah, yeah, yeah. There's a roundup on the sort of the global regulatory front. Yeah. Well, there's always a lot going on. I mean, I'm not going to do the full global rundown. But two things I thought were kind of interesting that got some press were what happened in Australia. There was a bill that have been introduced to basically think about some regulatory parameters around crypto that got rejected. I think that's my view on this is it's less of the headline maker than it's kind of being touted to be. It's just a slowing down of the function. And so the prime minister in Australia had put out this really interesting token mapping consultation exercise February, in I believe. And that was supposed to lead to this consultation around how do you actually regulate and license crypto asset service providers. The legislature basically said, let's wait until that work is done, essentially is how I read the rejection of this bill. But it got some press worthy of mention. And of course, you with your Australian roots, might have some interesting comments on politics in Australia's general matter. The other thing that happened in region, I'll just kind of stay in that region, is Singapore. Singapore, of course, has a new has new leadership. The new president, who used to be a central bank chair, has expressed a view around crypto, you know, calling it, I believe the quote is slightly crazy. You know, I, for one, do not think that is an inaccurate assessment of the crypto ecosystem. Relatively reasonable assessment of the overall. It's also modified slightly somewhat. You know what I mean? But also, I don't think we should be surprised that a central bank chairman is going to have a view that is, you know, influenced by the focus that that individual and anyone in that position is going to have on monetary policy, on fiat, on M0 and M1, you know, etc. So, again, something that made some headlines, I didn't read too much into that. I found it more entertaining than anything else. And I think just a healthy sense. I think that the industry does need to have a healthy sense of humor about some of these things and recognize, you know, that our reputation perhaps precedes us. And that isn't always, you know, it isn't always that we're seen as the most calm, rational, sober actors, you know. And who would want it to be anyway? Ecosystem. Right, exactly. So, I'll stop there. Crazy is kind of what draws me into something. Isn't that, you're not above, right? Yeah. And I thought it was actually, yeah, as you said, like pretty accurate. It's slightly crazy. Yep. Well said. True. Correct. Look, I think that the reason why maybe they got some headlines, both of these things, is they because run a little counter to the narrative that, you know, we talked about. They, hey, the rest of the world is embracing this stuff, you know, that Japan's moving forward and Hong Kong is now all into it and Dubai, et cetera, et cetera. And like, you know what? Yeah, there's still hesitancy out there. And look, I think, as you said, yeah, a former central banker, like, should we be surprised? I think, you know, the fact that - I don't think so. Seems on brand.
Discerning Hearts - Catholic Podcasts
A highlight from IP#499 Gil Bailie The Apocalypse of the Sovereign Self on Inside the Pages with Kris McGregor Discerning Hearts podcasts
"Discerninghearts .com presents Inside the Pages, insights from today's most compelling authors. I'm your host, Chris McGregor, and I'm delighted to be joined by Gil Bailey, who is the founder of the Cornerstone Forum and a member of the Fellowship of Catholic Scholars and the College of Fellows of the Dominican School of Philosophy and Theology. He is the author of God's Gamble, The Gravitational Power of Crucified Love. With Gil Bailey, we go inside the pages of The Apocalypse of the Sovereign Self, Recovering the Christian Mystery of Personhood, published by Angelico Press. Gil, thank you so much for joining me. Thank you so much for having me. Pleasure to be here. It was just wonderful being able to dive into the pages of The Apocalypse of the Sovereign Self. I found it to be so provocative and also very compelling. It's one of those kind of books that causes you to look at things through different, maybe clear lenses. Does that make sense? Well, I hope so. That flatters me, but that was my intent. It's a complex problem we face, but I tried to lay it out in a way that would be at least interesting to the reader. Now, I should bring out the full name, including the subtitle, The Apocalypse of the Sovereign Self, Recovering the Christian Mystery of Personhood. Could you break that open for folks and help them understand why this is such an important subject right now? Well, first of all, before you get to the two, really two halves of the book, the first part, The Apocalypse of the Sovereign Self, and the second part, Recovering the Christian Mystery of Personhood. We're in a civilizational crisis, and it's a political and a political crisis, a deep relative to moral and spiritual crisis. And my friend and mentor, Rene Girard, summed up in one of their books when he wrote, No one takes the trouble to reflect uncompromisingly on the enigma of a historical situation here that is without precedent the death of all cultures. Now, that's a sweeping statement, but it's like statements made by Benedict XVI on Balthasar and others. It recognizes the unique depth of the crisis that we've been entering into for a long time. I think one of the key features of this crisis is that we have failed to recognize and do justice to the very thing that sets us apart, sets our human beings apart from the whole created order, namely our religious longing. It's a longing which cannot be extinguished. It's the only question of orienting it towards its fulfillment or squandering it on idols. And in our time as faith has receded, many are eager to reflect before any ideological fraction that promises to relieve the boredom of not having a real collision. So that's the situation we face. And in the first part of the book, I try to draw it out in that chapters are, you know, I'm not an academic. I have a law degree and I never practiced law, but I began reading Western China many, many years ago. So the way to make this crisis intelligible and easy to recognize is I lay it out in chapters where I talk about people like Bob Dylan and Theresa Mitzvah and Flannery O 'Connor and Virginia Woolf and Descartes and Rousseau and Nietzsche and T .F. Eliot and Freud and all these. But in each of these chapters, I try to tease out one of the facets of spiritual crisis. And in the second half of the book, there's an edition on something. I mean, the way to summarize it is from Romano Lardini wrote in the 20th century, a book strikingly entitled The End of the Modern World. And in it, there's something that summarizes the second half of the book. Well, it actually connects the first half and the second half. And I'm going to quote it to you. The knowledge of what it means to be a person is inextricably bound up with the faith of Christianity. An affirmation and cultivation of the personal can endure for a time perhaps after faith has been extinguished. But gradually, they too will be lost. So the knowledge of what it means to be a person inextricably bound up with Christianity came into our vocabulary, our intellectual vocabulary. When Tertullian defined the Trinity as three persons and one God. So the word self and the word person are not only not synonymous, they are antonyms in a way. A person called in sin. The self is an antonymic creature who regards the will and the essential component of this being. And that whole triumph of will to coin a threat, not to coin a threat, but to pick up on Christ, so to say, with Nietzsche and Hitler. We think everything depends on our will. And I don't have a quote in front of me, but in the Casey decision, I think it was 1990, the Supreme Court said in the majority opinion that everyone has a right to use their own reality, to define reality. That's Nietzsche. That's that, of course. Right. But now it's become part of our it's what it's what a lot of people believe. And that's why we have friends, gender nonsense and who knows what else. But you can just make it up as you go along. If it's your reality is entirely up to you to determine by an act of will. And it's unbelievable what comes of that. And what we have to understand is that we are not the world does not conform to our will. We conform to our own. We are called in them. So anyway, the crisis we're living in is a crisis that became cultural with Nancy and Piddler and so on. But now it's become conventional in the sense that triumph of the will is everywhere. It's at one time, of course, and it's degradation of our real person to be a person is to be called in sin. And I think it's imperative we understand the predicament that we're in. And I think that's really important. I think for most in the culture today, for several generations, at the very least, if not many more in that we've never had the types of conversations in our formation, our educational venues about this particular subject. I mean, you spoke of a great friendship you had with Rene Girard, an important figure, philosopher, teacher, Stanford, and some would say a theologian. I know that Bishop Baron referred to him as one day. He may be considered, as he said, a father of modern theology because of what he described as that mimic theory that we as individuals and not necessarily as persons, because there's that distinction between the individual and what it is to be a person. And you knew him very well. That whole understanding of, as some would say, the mimic theory. What are your thoughts about that? Well, it was a great privilege to know him and he dispensed with him for decades. And I think his work will take a while, like all great thinkers. It takes a while to sort itself out. The first take on Girard is that it's all about violence and imitation. And of course, in some way it is. And my first book was all about that. But there's so much more to it. And one of the things I tried in this book is to expand the understanding of Girard's his favorite theologians are the same as mine. It was John Culver II, Benedict, Van Valken, even though Van Valken had some complaints about Rene's early work. And that's before the real theological implications came out in its later book. But he had great affection for John Culver II and especially for Cardinal Ratzinger, Benedict XVI, but also do it again, and so on. So I try to integrate Rene's work with these theologians. And I think it helped fill out a deep Catholic understanding of our crisis. And so I think we're in a difficult situation. But we have been given intellectual and spiritual giant whose work now we can make available to ourselves that would reckon with the predicament we're in. Well, I think that's how Rene Girard and how someone even like a G .K. Chesterton, for example, they were able to challenge them in their early lives when they looked at literature, when they looked at art and those popular cultural icons, those types of works that had deeper meanings to them. And they were able to see certain truths and certain movements and things. And then they came out and then they expressed it, why it touches the human heart in certain ways, either for good or for ill. And they were able to distinguish that. And I think that's the importance of looking at those figures who have a gift for that. And you do that, like you said, whether it's Bob Dylan or it's Flannery O 'Connor or even someone who captures the heart and imagination of the world like a tres. What is it that they're trying to communicate to us in? What is the potential, the beauty, the good, the true, but also the warning that are contained in their expressions of their works? And I think that's what you're trying to do in the book, in each of the many, many chapters that you have on those different type of whether it's literature or it's prose or, again, even in music. And so I think that is a wonderful way to go about it, don't you? You know, I'm so happy you mentioned it because it reminds me of something that I think your listeners might be interested in. It's a way of approaching the situation we're in. von Balfour Jarre, in one of his writings, says to human history after the Christian revelation, consist of a mutual intensification of the yes and no to Christ. Now pause and think about that. History after Christ consists of the mutual intensification of the yes and no to Christ. If that seems to require too much theological sophistication. Bob Dylan said something exactly like that in this 1979 song, God Accured Somebody, in which he said, it may be the devil or it may be the Lord, but you're going to have to bury somebody. So both the theologian and the popular poet listed only two choices. The theologian said it's the yes or no to Christ, and the poet musician said we're going to end up serving either the devil or the Lord. Now where Testament comes in is the Testament said once that if everyone, I'm going to paraphrase him because I think it's a little punchier to say this, like if everyone lived a thousand years they would all die Catholic, which is the paraphrase of what he once said. And the reason is, I would say, he didn't spell it out, I'm going to, if we had a thousand years of experience to look back on, we would realize that all the little choices were made along the way were in some small way the yes or the no to Christ, or the choice between the devil and the Lord. And then we would understand, if we had a thousand years of experience, that the drama of history is the mutual intensification of yes and no to Christ. And the implication that for our time and thought is that as the world becomes more emphatic in its projection of Christianity, we have to become more compelling in our sense of Christ in its church. over spiritual 3000 formation programs and prayers, all available to you with no hidden fees or subscriptions. Did you also know that you can listen to Discerning Hearts programming wherever you download your favorite podcasts, like Apple podcasts, Google Play, iHeartRadio, Spotify, even on Audible, as well as numerous other worldwide podcast streaming platforms? And did you know that Discerning Hearts also has a YouTube channel? Be sure to check out all these different places where you can find Discerning Hearts Catholic podcasts dedicated to those on the spiritual journey. Discerning Hearts is your gateway to a deeper understanding of discerning life's mysteries and growing deeper in your relationship with Christ. Your likes and reviews not only affirm the value these podcasts bring to your spiritual journey, but also help others discover the guidance and inspiration they seek. Share your thoughts, spread the word, and be part of a community that's committed to elevating hearts and minds through meaningful conversations. Your feedback fuels our mission to help others climb higher and go deeper in their spiritual growth. Like, review, and let your voice be a beacon of light for fellow seekers on this spiritual journey. We now return to Inside the Pages. We're talking with Gail Bailey, the author of The Apocalypse of the Sovereign Self, recovering the Christian mystery of personhood. To understand the importance of what it is to be a person, the Church Fathers didn't use until it was really brought into the context of the Trinity, the three persons, as you pointed out. But what is the Trinity? It's relational. It's a relationship. There's an identity, but it's also in relation. So when Dylan talks about whether you are to serve, you got to serve somebody, it's either going to be the devil or it's going to be Christ. And that entails when you serve, it's going to be relational. You can't get out of it. And to say that I have this individual autonomy all to myself to do and think the way I want to, it's to negate the relationship. And you can't get around that. But yet that's what the culture is implying, isn't it? It is. And one of the things that's lost in that emphasis on self and self -will is the idea and this is involved with our great contribution, the idea of the field drama that we are in, we live dramatically, we're part of a drama that's unfolding and our task is to live and our task is to fulfill the obligation that are incumbent upon us as members of the cast. We have to live in such a way that we ourselves and our loved ones and spreading out for those we know or maybe those of you catch a glimpse of us coming out of the church on Wednesday morning and wonder what the heck are people doing in church on Wednesday morning. Whatever it is, we have an obligation to live in the drama on behalf of Christ in this church in whatever way we can. Whatever our role in life, our vocation in life, our situation, there's always an opportunity to be an icon of Christ and to contribute to the historical field drama that way. And for years I've quoted the 13th century Islamic poet Rumi who said, and I'm gonna quote, he said, be like one who when he walks into the room, luck shifts to the one who needs you. And there's a Christian analog to that which is of course St. Peter who said always be prepared to give an answer to everyone who asks here to give a reason for the hope you have. So we have to be beacons of a hope that may be totally puzzling to others but if we live in such a way that it's compelling, they will at some point want to find out how we tend to have that hope and a conversation can be had that could be very fruitful. So we live dramatically, not in some self -conscious way or in a physical way, but our lives should be evangelical in the sense that we should be willing and eager to allow anyone who cares to know why it is we had hope even when the situation is, it's never hopeless, but is dire as there is today and may very well be more so in the future.
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: US Court Challenges SEC, Fuels Financial Evolution & FX Market's Next Phase
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to Money Reimagined. I'm Sheila Warren. I'm solo today, but a reminder you can listen to us weekly and you'll catch me and Michael next week on the Coindesk Podcast Network or wherever you get your podcasts. And we'd love to hear from you. Tell us what you think by emailing us at podcasts at coindesk .com, subject line Money Reimagined. It's a big news day, as every day is here in the crypto universe. Today, we woke up to the news that a U .S. court ordered the SEC to vacate its rejection of Grayscale's bid to convert its Bitcoin trust into an ETF. Now, we're not going to get technical about what this exactly means. We'll have an episode on the SEC coming up in a couple of weeks. But the point here is that the U .S. may be about to get its very first spot Bitcoin ETF. And this is a big deal. It's a big deal in part because other countries are way ahead of us on this, as they are in many other areas that involve crypto and crypto regulation. But the door is now open for a spot Bitcoin ETF in the United States. Advocates have argued for a long time that this particular type of product would enable a bigger swath of the public to invest in Bitcoin without having to go through the hassle, which it still is a hassle to this day, unfortunately, of buying it directly or of dealing with potential issues like picking the wrong custody provider who may not survive, as an example. The SEC has systematically disapproved every single ETF application it's gotten to date. But a new swath of applicants we expect to burst in and try to get into this market. I'm joined today by our guest, Alex McDougall, who is the CEO of Stable Corp, which is a Canadian -based company that's created the Canadian dollar -backed Stablecoin, the first one on the market. But Alex, I'd love to bring you in today to just chat quickly. You're Canadian and you're HQ'd in Canada. And of course, Canada has had an ETF for quite a long time. In fact, as I recall, we actually had 3IQ CEO Fred on, I'm looking this up, two years ago now. So two years ago, Canada already had Bitcoin ETFs on the market. How has that developed over course of time? And what do you make of the fact that we are so into the game here in the US, but finally on the scoreboard? Absolutely. Sheila, thanks a ton for having me. Really appreciate it. I'm always a big fan of the pod. It's such an interesting kind of history repeats itself, right? And especially now that today is not an announcement of a Bitcoin ETF. It's an announcement of a potential undoing of a bad announcement that was a roadblock to potential ETF, circle, circle, circle. And that's not actually that dissimilar from how the Canadian ETFs came about. And you'd mentioned Fred Pye and 3IQ, and they actually fought a landmark battle with maybe more of a collaborative Canadian battle. Yes, a mediated battle. A friendly battle. A light arm wrestle. Yes, there it is. With the Ontario Securities Commission back in 2019, around their closed -end fund, which was sort of a more public version of the Grayscale Bitcoin Trust traded on the TSX. But they ended up having to go to court and effectively challenge the ruling and have their day in court. And it forced the discussion of why this was or was not in the best public interest. And ultimately, 3IQ won. The arguments that the regulator put forth weren't necessarily accepted, and 3IQ got to launch their product. And it was really the ETFs that came about on the heels of that almost two years later. But that was actually one of the things that caused the Grayscale NAV discount in the first place when there was a way to get out of these at par. And so I feel like that whole sort of launch of the publicly traded funds has been lost to the sands of time a little bit in Canada. And we've been chugging along for years with our spot ETFs. And it's really interesting to see the evolution of just how highly leveraged this type of news is. I mean, you saw the reaction in the price, the reaction in the Grayscale discount, the reaction in Coinbase stock, from just these tiny little bits of news that sort of drip out. And you can tell how important this is to the market. Definitely. I was joking with someone the other day that if you were to make sports analogies and compare countries, other countries, almost every other country, it's kind of like big point totals. It's low point totals, but like big point moves, right? So it's more like American football. You get a line in here the U S it's like basketball. It's like just two points, two points, two points, two points. Right. And it's just like a constant flood of news, all of which is like moving incrementally, incrementally, incrementally, you know, and it's so exhausting. Like, uh, like soccer where each two points is covered, like the most defining thing. Yeah, there it is. Right. Exactly. Those two points are not moving at that because there's so many of them, you know, it goes back and forth and you don't really know who's going to win until the very end. Right. Whereas in other sports, it's like, you kind of have a sense around halftime of where it's going to go. So look, the excitement never ends. Um, this is definitely a very positive move today on behalf of Bitcoin, certainly. And again, to your point, you're seeing that in the market already, but also just in general, the idea of being able to offer products that are more geared towards consumers who don't have the ability or the desire or, you know, any, any sort of, um, whatever, whatever it might be for whatever reason, don't really want to engage directly with the asset, but want to have access to it. And so that of course is what these markets are about, but yeah. And I think so much of it is just, you know, we, we as digital asset folks spend so much time 10 years down the line in this like cryptopia of, you know, everybody's going to be on the same standard and we're going to have all this completely free money movement around the world. And so little time necessarily on sort of building the bridges to get there. And, um, you know, obviously the ETF is sort of wrapping a brand new type of asset and an old type of asset, but I think more, more so, and you see, you, you hear critics say that sometime, but more so it gives you sort of built -in access to traditional types of financial solutions, securities lending, collateralization, where you don't have to, you know, with existing custodians, it's all of those sort of bridge building techniques to where, you know, we can build out the user experience to where it's easy to hold, you know, native Bitcoin. And we have all of that stuff that's built down the line. It really is sort of a bridge backwards to bring people along as much as it is like, Oh, this is how Bitcoin is always going to be is, you know, this wrapped Bitcoin in ETF. It's super important. If the goal is adoption or engagement. I mean, this is one of the most dramatic moves that could be made forward here in the United States. And again, it's not as if we have to, we're not Yolo -ing it here. I mean, there are, you know, multiple years of not just in Canada, but certainly our neighbor to the North has been engaging in this product offering for some time, right. At a minimum two years now. So, uh, so we have a lot of kind of, uh, a trajectory of how this might play and how it might go into your point. It's now just kind of like ordinary boring offering in Canada. It's not like this. It's a Armageddon up there. Right. Right. So hopefully we will get to a place where this is also very normal and it's just another thing on the market and you can make your choices and you have a panoply of options, you know, as will be the case. Okay. So thanks for spending some time with me on that today, as usual, we don't always predict when these things happen, but it's so helpful to have you on the chat about this and typically the comparison with Canada, but let's shift gears into what we actually were intending to talk about today, uh, which is, so you recently wrote a post, uh, it's called the seven defining opportunities and on -chain FX. And Michael and I both found this actually very interesting. And maybe what I'll do is just have you, well, first of all, what I would love to have you do is just explain to our listeners, many of whom are not necessarily sophisticated financial actors, you know, what an FX market is, why it matters, and then your observation and maybe walk us through the general thesis of your, of this post, which we'll link to in the show notes. Amazing. Yeah, absolutely. And this really came about, uh, in, in collaboration with, you know, our partners at circle, uh, with Cumberland, um, who's, who's taken a very active position on, on non us dollar stable coins and Zodiac markets side, who's the exchange that's, that's run by standard charter. We started to talk about this a little bit more and more as, you know, some of the deeper seated challenges with stable coins and global flow of assets became more and more prevalent. I mean, you know, 60 % of the global foreign reserves are in us dollars, you know, a number that's slowly, uh, the declining over time, you know, 99 .9 % of the, uh, the global stable coin dollars are denominated in us dollars. And there's this natural drift towards sort of a proliferation of currencies around, you know, even just the use cases of today within the digital asset land, let alone, you know, the use cases of the next billion users and a lot of this, you know, payments and international money movements and things like that. But the FX market is fascinating. It's sort of like the tectonic plates of financing and almost every transaction that you do has an FX transaction baked somewhere into it. And whether it's, you know, a derivative transaction, whether it's actually settled, whether it's through an intermediary, like, you know, buying a daiquiri in Vegas was as a Canadian, or it's, you know, these, these gigantic sort of OTC desks that are trading billions of dollars of Japanese yen for Canadian dollars or us dollars, you know, it traded seven and a half trillion dollars a day. It's one of the most liquid efficient price markets, but there's no central body and there's no exchange. There's no nicey for FX. It's all of these sort of mechanisms that have developed over hundreds and hundreds and hundreds of years. Um, that makes it this really fascinating centralized market, but we've sort of run into some places where it can no longer evolve with the state of current trend, traditional finance infrastructure. And so a lot of the points of this paper is, where do we run into walls? What have we sort of fake evolved in TradFi? And then where are we really looking? Like, what can we do with crypto? What can we do with instant settlement? How does sort of T plus zero or T plus instant really change the game? Um, and where doesn't it as well? So that's just as important as like, again, the Cryptopia side, um, how do we build bridges from today to get there? And that's really sort of the point of the paper. So foreign exchange markets, FX markets are already fairly efficient and they are to your point, one of the most liquid markets that exist in the world. Um, but the premise of your paper really is that even in such a market, you can still, there are still challenges that exist. There are still challenges in that market and that blockchain technology and things like Sablecoins can actually really address some of those challenges and make this already well -functioning market even more high functioning. So A, why is that desirable? Like, why is this an important problem? I guess we're just kind of out there. And second, what are those challenges and how specifically can digital assets and the kind of underlying technology that they're based upon help? Yeah, absolutely. FX is an extremely efficient market in terms of pricing. You know, people have been trying to arbitrage the FX market for years and years and years, and they're excellent at doing it on fractions of bits. So setting aside the opportunity and arbitrage as FX moves on chain, which is going to be generational, it's really efficient if you're actually accessing the core FX market. If you're one of the 70 international FX brokers who has access to the continuously linked settlement system, great. You're settling in as close to real -time as possible, which is another challenge. You're paying fractions of a bit. You're doing great. If, back to my example of me as a Canadian going down to Vegas, I'm not paying fractions of a bit when I tap my MasterCard, I'm paying 4%, 5%, 6%. And that's because it's so disintermediated and there's no connective fabric between that core underlying market and me as an actual consumer. Even when I'm paying cross -border payments to settle bills as a small business, I'm still paying 3 % or 4 % or 5%. And that gets even worse when you're looking at students coming to Canada to study abroad, trying to set up an international bank account, trying to fund tuition or things like that with wire payments. They're routinely looking in the 6%, 7%, or 8 % plus wire fees, plus time to set up international KYC challenges. It's a very efficient market except for who it's not efficient for. And it's one of the most valuable markets in terms of fees in the entire world. And the second piece to that, even for those incredibly large, sophisticated global enterprises, they're still limited by the banking hours in each country. And so there's a chart in the paper that looks like the craziest Gantt chart you've ever seen, which is trying to map the overlaps of the Japanese banking system and New York and China and all of these different places. And if you want to send any kind of real -time payments, your window to trigger those is, it could be two in the morning. It really is challenging from that perspective. And the G20, and the last piece I'll say on this, the G20 identified this as a big problem two or three years ago with extending those banking hours being sort of the number one thing they were focused on. And then they came out with a report a couple of years later that it would take extreme costs and permanently elevated cost bases and a lot of infrastructure and basically threw their hands up and said, it's really challenging to extend our TGS. And that's some of those walls that we've run into today where it works. We've solved settlement risk to a certain extent, large organizations can get money around in two or three days potentially, but there's almost a blocker of further evolution. And that's really where blockchain settlement comes in, because it can be a rip and replace of all of this antiquated cross -border correspondent banking system with a digital wallet that can hold all of these currencies, a public blockchain that can settle and manage the swaps, and then a whole infrastructure of liquidity providers, exchanges, decentralized exchanges that sort of already exists out of the box to manage and replicate a lot of that. So let's talk about the role you see of stablecoin in FX markets in general, but also in real -time settlement, like all these different places that you kind of either alluded to or talked about directly. So, I mean, I think stablecoins or digital dollars or whatever, sort of the next generation of vernacular, that's where we're moving away from the stablecoin piece too. Is it stable? Is it a coin? And that's maybe a good place to start, right? Because we've sort of lumped stablecoins all in together with the algorithmic ones, the crypto collateralized ones, the fiat backed ones, the gold backed ones. And that's fine as we're creating a new experiment essentially, but now that we're ready for prime time with some of these instruments, then there needs to be sort of a separation between the experimental ones and the ones that are truly ready to evolve and reach this global scale. And I think oftentimes we've completely blown the marketing on stablecoins where we should have positioned it as this is a better version of PayPal. This is a FinTech evolution instead of, hey, this is a less crazy version of Bitcoin, which is kind of the middle ground that we're stuck in today. Don't get me wrong. There's a ton of interesting value in experimenting with new forms of money, new forms stability, new forms of decentralized governance for coins, all of that stuff. But there needs to be guard rails around that such that it doesn't go to 60 billion and then down to no billion, specifically to your points around where stablecoins sort of fit in all of this. They effectively give you the ability to leverage these brand new rails that can chop out the trillion dollars of friction costs that sits in our kind of international correspondent banking system today. And so it's our job as issuers and also the Web3 builders to create all this connected fabric. It's our job to make as little friction and risk as possible between a Canadian dollar that you're used to and that lives in a bank or on your debit card or whatever, and a digital representation of that dollar. And so the global regulatory environments, and this is one of the pieces we talk about in the paper of sort of this slow grinding consensus of monoculture on how regulation should fit there, which we're getting towards slowly. Again, it's a lot of those viewpoint layups. Europe's getting towards it fast. That's true. They're playing hockey. We're playing basketball.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from What is DeFi in Crypto? Decentralized Finance Explained! (Ultimate Beginners Guide on DeFi)
"What is DeFi? DeFi is the trendy shortened version of the term decentralized finance. And to better understand what decentralized finance is, we will compare it with centralized finance, or the not so trendy CFI for short. So the word finance in these concepts simply refers to the financial industry at large, while decentralized and centralized describe the nature of its foundation and how it works. Currently, the entire traditional global financial system is centralized. So centralized finance is just how financial systems work now and how they have worked in the past few decades. And as we can all see, especially in recent times, the CFI or centralized finance foundation is severely outdated and highly manipulated, making it rot with costly fees and efficiencies, deception, fraud, and corruption, all while being vastly inaccessible to most people living on the planet. Maybe more for the better than worse, who really knows with all this inflation, devaluation of fiat currencies and waves of bank failures. Luckily, the leaps and bounds we've made in the technological realm this past decade have allowed for the development and emergence of a new decentralized financial foundation. So although DeFi stands for the term decentralized finance, the word DeFi is used colloquially to describe the movement or crusade towards a low cost, fast, efficient, trustworthy, and completely transparent global financial ecosystem, one that operates without any central authority and is highly accessible to everyone around the world with just a smartphone and internet connection. Cool. Now that we know DeFi, conversationally and in the media, alludes to a paradigm shift in the global financial industry, let's talk about the underlying technology that has millennials, Gen Xers, and some boomers alike actually bullish on DeFi becoming a reality and widely adopted in the not so distant future, DeFi's foundation, blockchain. So how can the backbone of a new global financial system conceivably harbor all of these attributes like efficiency, transparency, and accessibility that have been completely absent from the current system we've known and been subjected to our entire lives? Ethical politicians, altruistic governments, philanthropic financial institutions, decent hardworking Gen Zs? Nope. Oxymoronic quips will not be our saving grace, neither will leaving matters in the hands of actual genuinely ethical and altruistic people, instead, the new financial era will operate from the very place numbers, mathematics, physics, and computer science were derived, the ever enduring fabric of the universe. Traditionally, banks, accountants, bookkeepers, and governments have managed the financial system. However, in the coming years, DeFi will allow the entire financial foundation to operate purely from principles of mathematics and computer science using what's known as blockchain technology. Blockchain's recording and storage protocols make it such that once new data is verified, it is unmodifiable, it's distributed across a vast network of computers around the world so it's hard to destroy, and no one person or entity controls the data or network, creating a transparent environment. And blockchain technology is the cornerstone of decentralized finance, as it's what makes the decentralization aspect of DeFi possible. So without losing sight of this video, if you would like to learn more about the details of Ethereum's blockchain foundation, check out this video guide by clicking on the link above. Amazing! Now let's talk about the technological layers built on top of its blockchain base from which DeFi was born. Hello, I'm Crypto Casey and in this video we are going to explore what DeFi is, how its ecosystem works, its technological architecture, and why it could become the foundation of the future global financial system. Let's hit it! Let's start off with the first step. Trade cryptocurrencies tax -free within an Individual Retirement Account or IRA with iTrust Capital. Practice finding altcoin gems before they pump to prepare for the next face -melting altcoin season with Morales Money, and invest in your very own cold storage hardware wallet like Tangem Wallet. It's the size of a credit card, multi -currency, multi -chain and it's by far the easiest crypto wallet to set up and use on the market right now. Note that Tangem has been swamped so orders have been backed up for a few weeks so pre -order one to get your spot in line for the next batch of wallets today. Scroll down and use links below to access the correct and official sites as well as redeem any special offers they have for us. Sweet. So Bitcoin and Ethereum are both use cases of blockchain technology with different purposes. Bitcoin is simply a digital currency that people can use as a form of payment to send to and from each other or hold as a store of value while Ethereum is basically a programmable blockchain that people can build software on to create valuable products and services. And due to decentralized properties of blockchain technology, the software people can build on Ethereum are called Decentralized Applications or DApps for short. And the nature and potential of these decentralized applications or DApps inspired the idea and desire for a crusade towards Decentralized Finance or DeFi back in November of 2018. The DeFi movement aims to transform the current financial system into a more transparent and So let's talk about how all of these decentralized financial applications are being developed and working together to make the DeFi era become a reality sooner than we think. DeFi's Financial Stack There are five main components of DeFi's financial stack or framework that lend to its potential usability and mass adoption in the global financial realm. Let's briefly go over these five components together. Component 1. Stable Coins So each cryptocurrency has a different function or utility. And types of cryptocurrencies that peg their price to something with stable pricing like the US dollar are known as stable coins. For example DAI or D -A -I is a token that is pegged to the US dollar in that it maintains the same value as the US dollar. This makes the token price stable, staying at nearly $1 per DAI, which is why tokens with this function are called stable coins. Stable coins were designed to bridge the gap between fiat currencies and cryptocurrencies and decrease also the volatility associated with holding those cryptocurrencies by allowing people with the token to hold an amount of cryptocurrency with less price fluctuation. For example when you look at the price of cryptocurrencies like bitcoin and ethereum, you will see how their prices are constantly in flux. One minute bitcoin can be worth $30 ,000 and the next it can be worth $27 ,000. On the other hand with DAI you can hold $10 ,000 worth of the cryptocurrency and minute to the US dollar and remain relatively unchanged, which gives stable coins like DAI a lot of utility in the DeFi space. So as you can see stable coins are an important building block in the DeFi financial system as it ensures the stability of value in the market.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"And that's the bottom line, they need that control because the things they want to do don't make sense, you know. capitalism is really important, I know this everyone wants to talk green now the best way to have a green economy for the United States is to let the companies do it, not tell them how to do it. there's an old adage anytime you get the government involves it's more expensive and less effective. So if if green technology this this being that that's out there and they have all of these new investment parameters it's an all green company if they truly wanted that to happen. They let the corporations do the right thing, because they would. They want to be profitable and that would make sense if it was more profitable for them these companies would do it. Right so it's more and more and more and more government regulation government regulation crippling. The free market crippling freedom itself. and ultimately destroying everything okay well, the good news is that we can still. Do what we want to do with what money we have, which is one of the reasons you're a sponsor on this program because you recommend and I recommend that people diversify into. precious metals gold and silver, why is that a good idea it's a good idea under the best of signs right when everything is going well, you should be diversified. You hear it all the time be diversified don't have your all your eggs in one basket and that's the best of time we're not in the best of times, this is the important thing to know. I will say it's the worst of times that's coming right now we're in a position where we can see, and if you look at the economics of everything, we will get much worse as an economy. Inflation is not going down, you know you had the fed skip a rate raise last month that wasn't because. They thought they had done a good job that was because there was trouble in the banking sector and we could not afford more banks to fail, so they gave them a month off but interest rates are going up again. inflation still going up the job numbers come out jobs are not being cut there's more jobs added, these are all things that are signifying. The downturn is yet to come so on today's news where the jobs came out, you had the stock market come down. This is what we're going to see, because we have a scenario where the fed has told us for two years now the interest rates will be elevated for a much longer period of time, if you do not protect your investments and diversify you will lose money. yeah okay suppose. we're keeping it simple, please go to legacy PM investments.com PM is precious metals legacy PM investments.com.This is something that you can do. To prevent disaster, at least that's how I see it makes sense to me legacy PM investments.com gold and silver hold their value, Charles thorngren Thank you, my pleasure, thank you. drinks then drinks from McDonald's get all the chill, you need for just $1 69 from any size frozen drink like a frozen Fanta blue raspberry to a new ice cold lemonade prices and participation may vary cannot be combined with any other offer.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"So he says to you, I hope you're right. Yeah. And he says to me, because I can't do this, because I can't do this, he says this to you, I can't do this. Yeah. And he becomes the first guy that I lead to the Lord. You knew this guy. He was was he part of your gang? Yeah. He comes in there to kill you and he says, I hope you're right, because I can't do this. What happens? I lead him to the Lord. And right there. Yeah, right there. And shortly after that, we went through some stuff for two years, something that another prison term is called hard candy. And that's when they want to just beat you to shreds. They don't want to kill you. They just want to beat you to shreds almost to death. And little by little, I started to witness to other gang leaders in there. We're going to this is the end of hour one. We're going to continue our conversation. So anybody listening, if you want to hear the rest of this conversation, stay tuned or you can go to YouTube or you can go to Metaxas talk dot com. Well, I hope you get our two wherever you are Metaxas talk dot com. You can get it there. We'll be right back. Hey there, folks, as you know, every now and again, I'm particularly ignorant of things economic, so we bring in our friend Charles Thorngren. He's the CEO and founder of Legacy Precious Metals. Legacy Precious Metals, of course, refers to, oh, I don't know, gold and silver. So, Charles, welcome back. Thank you, sir. I'm glad to be back. Of course, whenever I have you on, I want to tell people to go to Legacy PM Investments dot com, because the the underlying theme of these conversations is if you want to play it safe with your money, you should be invested in some gold and or silver. But with regard to the how we're doing in the economy right now, how how are we doing in the economy? I keep I don't know if I've asked you this before, but I feel like the new normal is very bad. And in other words, that we've had in the past few years ago, we had a booming, amazing economy. And then covid and the grievous policies of the Biden administration have taken us to a very, very bad place, but people kind of act like it's it's the new normal, you know. And so where are we? How do you feel about the U.S. economy at this point? It's an interesting question. And I think, you know, there's some confusion. We look at it and those of us with common sense, it doesn't feel right. Doesn't feel like it's as good as ever being told. And then we have the liar in chief coming out and saying everything's great, just like he said all along. Everything's great about everything. Yeah. So we look at that and we say, where is the truth? We turn to the Fed as one place to look and, you know, we have massive inflation. That's never a good thing. That always hurts an economy. It hurts. That's a fact. This is a fact. We have massive inflation. We know that we have massive inflation. We know that that's bad. So that that's a that's a huge part of the larger story. It's not like a minor thing. That that's the biggest part of the story. That means, you know, as a government, they're spending more and more money to maintain debt. That's never a good thing. You know, there's projections you see by the by the year 2030, if this administration keeps going and we know they have a short time left, but the damage is still potentially large that they could do. We could see us being officially bankrupt. We'd have a debt ratio of one hundred and thirty percent of what our GDP is. That's never a good thing. You know, it's a scenario to where if you spend more than you make, you and I, we call that bankrupt. The government's doing it in a way now that's bigger than ever. And we see this continuing as we see the Fed trying to fight inflation, knowing they're causing more debt to come up and the management of that debt to be more expensive. Well, this is the kind of thing, you know, when I wrote my book on Bonhoeffer and I'm talking about Germany in the 1920s. Things can go out of control, things can you know, you can money can become virtually worthless. You print more and more money. Sometimes I have to be honest, it seems to me that those in the current administration who seem to be anti liberty, anti America, it seems like they're trying to destroy our economy to make people more dependent on the government, just as happens in all of these socialistic states that you just. More and more people become dependent on the government because the free market is it's not working. They they basically are trying to make that happen, and sometimes I think that their policies are so draconian, so anti everything that's good that it really feels like they're trying to destroy the American economy and cause people to lean toward the government. Absolutely, listen with capitalism, you cannot maintain control of people when people have the ability to go out and make their own fortune based on the work they put out there, those are people you cannot control.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"Hey, folks, I'm talking to Casey Diaz. The book is The Shot Caller. Casey, what you're saying to me now is so crazy, is amazing. So you tell me they released you suddenly into the regular prison population. You go out, you stand on a table and you tell all these gang bangers around you what? I told them exactly what I had heard, that I didn't want any part of this anymore and that I was a Christian. And immediately there was absolutely no words exchanged. They simply turned around and walked away, which I knew what that meant. It means you're dead? Yeah, because you don't step down from that kind of status and nothing happened to you. So I hit this place in my life from that moment on. Now, did you know that would happen before you said this? I knew that. Yeah, you knew it. Yeah. So what gave me the courage to get up there and do that? You know, I don't even look at it as as as courage. I just followed instructions. That's that's how I see it. You hear God's voice and you just do it because, you know, it's God's because, you know, it's God's voice. And I wasn't thinking, you know, the consequences of running like that. Yeah, I just didn't have to do it. So I did. And usually hits are done in the morning when the cell racks open. So that was a long night. And I knew that they wanted to get rid of. There's a word that we call in there. It's called taking out the trash. That means when somebody goes bad or somebody turns, you take out the trash, they send somebody to take out the trash. So I'm the trash at this point. So they send one of my very own to to do the deed. It was a long night. I'm going to sit here and tell you that, you know, you know, you're going to get stabbed to death. You know that. So I prayed. I remember I had told God that I wouldn't put my hands on anybody anymore. And that I was just going to in my heart, I had decided not to even look at them so that they wouldn't feel guilty or anything like that. I just wanted to get it over with and and done with. So I prayed throughout the night. I remember in the morning I had my Bible and I had it on my side. I sat in the corner of the bed of my bunk and here they come. I thought the first guy that came in, I thought, you know, there's got to be more people coming in there with them. Now, wait a second. So you're saying in the morning in general population, they open your doors? All the gates rack open. Yeah. OK. And you're able to go to Chow How. And OK, so at that moment, somebody comes into your cell with shank in hand and the holding yards. And I remember him telling me, I hope you're right. And I'm thinking this is it. You know, here we go. So you can see the shank. Oh, I can see it. Yeah. And I'm facing my wall. It's so amazing in a way when we think about this stuff, because I've never experienced anything like this, obviously. But the idea that you're in prison, but the guy can get a shank that he can, you know, that this stuff goes on, that there's no ability to stop it, it seems.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"Hey, folks, you're talking to Casey Diaz. The shot caller is the title of the book. We're just at that point. Casey, you said now you're in solitary. I mean, you described solitary to me. There's versions of solitary. I mean, what you just described to me is like hell. I cannot even believe there's no window, there's nothing you can't look at a book, nothing. I'm just fascinated that you were able to survive mentally in that situation. And, you know, for for for the record, everyone that was in the shoe program belonged in the shoe program. We were guys that, you know, we would kill anybody at any given point. Orders were made that if you got in contact at any point while even in the shoe, any opportunity to go at it with a with a guard or to take the life of another with a guard, with whoever went out. What? In other words, the guards realize that you want to kill them. Oh, yeah. If you have the opportunity to go after a guard or after another inmate that is a different race, you were to do that. Those were orders. And what would happen to you if you killed a guard? I mean, let me ask you this. What's the upside? Why do you get an order like that? Well, it's just gang rules and it's prison politics and you got to abide by them. Or if you don't, you end up getting killed yourself. I mean, that's just how it was. It didn't seem like there's an opportunity for anybody to kill you, though. No, because in the shoe, it was very meticulous. Every movement was OK. So you are extremely violent. You're in this situation. At what point does your life somehow change? Well, you know, you lose track of time and everything. And at this particular moment, I'm laying down on my bunk, on this metal slab, on this concrete slab. And I'm looking against my wall. My hands are behind my head. Normal day in solitary. And I start to see what looks like a film on my wall. And before I even go there, the cell next to me was occupied by another inmate of a similar gang with me. He had been there for 10 years in solitary when I got there. And he ended up losing his mind from one day to the other and thought that there was actual ducks in his cell. He thought there were ducks in his cell. And I actually talk about that in the book. But so here I am and there's a movie being played on my wall. I see it. I'm awake. I'm not under the influence of any kind of drug. I'm on my five. And this film is showing me my life being played back from when I was small. The first candy that I stole at a 7-Eleven. And it's very it's an order. All the events are in order. So this is not in your mind. It looks like it's being projected on your wall. On my wall. Yeah, just like that. And then it would stop and I would see a guy carrying a cross and crowds around him. And I knew that whoever's carrying this cross, nobody liked them. And the guy carrying this cross kept looking at me. I can't see his face, but I know that whoever's carrying this cross is looking at me. No one had ever explained the Bible to me. I never had picked up a Bible before. Never went to church. Did not know. I knew zero of Christianity. So this is being played in front of me. Then it would stop and it would go into, you know, people that I stabbed. Carjackings, home invasions that I did, that I partook of, all of that. And it's all in order. And then it goes back to that scene of this guy carrying this cross. What are you thinking while this is happening? I'm thinking at the very moment, and I'm glad that you asked that, because at that very moment, I'm thinking, you know, Piggy right here next to me thinks he's he's got ducks in the cell and I'm watching a movie. So it's my turn. I'm just waiting for some popcorn kind of thing, you know, because this is not normal. No, it's not normal. This is this is so crazy. And you're at this point, what? You're twenty, nineteen, how old are you? Somewhere on there. And I'm watching this. And you've been sitting in this cell for like a year and a half? No, three years by now. Three years you've been in this cell day in and day out. Nothing going on. Suddenly you're watching a movie. In my cell. OK, so you are this is so crazy, I mean, because some people talk about visions or whatever, but you're like somehow it's projected on your wall and you're watching this. I mean, there are many people listening right now who they have to conclude you're crazy and they're like, whatever. OK, so keep going. And so I'm watching it and I would agree with whoever is watching it right now, because that's how I felt. Yeah. And then I see the nails coming into his hands, his feet and the cross being raised. And here's what that moment that that really changed my heart and my life at that time is that, you know, my birth name is Darwin. Casey is a nickname that I've lived for since childhood. And when the guy that's carrying this cross is hanging there, I could hear I believe that God, when he wants to get your attention, he comes eye level to that human being to where you could understand the gospel in however he's going to present the gospel to you. And for me, I knew murder. I knew the sounds of someone's life being taken out. And I see him and he says to me, Darwin, I did this for you. And I see his face just, you know, just drop and I can hear the sound of his breath audibly in the cell coming out. And that's the moment that I actually got in the center of my cell and and started to ask for forgiveness. No one had ever told me how to pray or nobody told you, you need to ask for forgiveness. You just sort of sort of it just you knew it just I knew it in my in my spirit, understanding it now, I just bear witness in my spirit that this is what I needed to do. So you came off your bed and you're you're are you kneeling? What do you what happened? I'm on the middle of the floor, the cement floor, and I'm weeping uncontrollably. And I'm and I'm being so honest with God that I'm telling him, you know, God, I'm sorry for stabbing this guy and for stabbing that guy and for the stabbing of this guy. We're going to come right back, folks. I know you won't go away, so I won't even tell you not to. But it must be moving on. Like a king without a castle, like a queen without a throne. Hey, folks, this is the Air Kontaktos show talking to Casey Diaz. Casey, I mean, this part of the story is so amazing. I mean, you know, I've heard a lot of miracle stories. This one kind of takes the cake. I mean, the idea that you're watching a film of your life and you don't even know who Jesus is. You don't know about the cross. And yet you're telling me that's what you're watching. Now, it sounds to me like the only way this could happen is that this woman has been praying for you because this is just an insane miracle. It is, you know, I had never wept like that. I never you know, you grow up in a hard life. There's no room to cry, really. I mean, that's you just take it as it is. But when Christ shows up in that and you encounter him and you see that someone has paid the price and I didn't understand all the details at that moment, I do now. But at that moment, I didn't know. But I just knew in my heart something had changed. There was a light that I came on and and I needed to do whatever I needed to do. And shortly after that, that moment, I heard his voice again and again, audibly. And he says to me, go knock on your gate, which is my cell door, and ask for the chaplain. I didn't know what a chaplain was. And so I just hear the voice of God saying, go knock on the gate and ask for the chaplain. You didn't know what a chaplain was. I didn't know what a chaplain was. So I walked over to my gate. I knock on it. And of course, there's a guard, two cells down walking. And so by the time I get up to go knock on my gate, he's there. And I asked him, I said, I'm supposed to ask you for a chaplain. And in which he kind of looked puzzled. You know, he says, are you pulling some, you know, use some colorful language? I said, I'm just I'm supposed to ask you for a chaplain. And he said, are you serious? I said, yeah. So he came and comes back to me and opens a little cage there and hands me a little pencil, about an inch and a half pencil and a paper to fill out. I fill it out, I give it to him. And the next thing I know, later on that week, I'm sitting with this chaplain and I explain to him in detail exactly what happened in that cell. Now, when you say this happened in the cell and then you hear this voice, how many was it the same day or several days? Several days later is when this happened. And what happened to you between that time? I mean, to have an experience like this, watching something on the wall and your whole life, I mean, it's so miraculous. And at some point you must realize this was not I'm not going insane. I mean, so what are you thinking? I have never felt so at peace and so free in a solitary confinement cell. I mean, you know, when I share my story, I've had the opportunity I love parks and I love trees and I love waterfalls. And I've gotten I've had the chance to go and sit under a waterfall and that's so peaceful. But nothing compares to the freedom that I experienced in that solitary cell that moment. It was just peace, peace. And I knew that now I knew that it had to do with the peace that I had with God, that I had, you know, come to to to repentance, even though I didn't understand what was taking place. You didn't understand anything. OK, so then you sit down with this chaplain a few days later. Now, my question is, didn't I fear for the chaplain's life? I mean, you're so violent. How do you? I'm in restraints, I'm in restraints. And so he's sitting up probably about the same distance that we are right now. And I share the story of what had just took place a few days ago. And I noticed that he starts to get really teary eyed and his bottom lip starts to shake and he's opening up his Bible. And he starts to read the crucifixion, him walking to Golgotha and the Holland Yards. And when he starts to read that, we both I mean, we both broke. There was a lot of tears shed right in that moment because I knew that that's what I had seen and to see it in a book, in a Bible. And I mean, nobody had ever told me that. You know, Francis Proctor was just coming in there with just, you know, encouragement. I'm praying for you. It's this little black man once a month for a few minutes. She didn't get to share. She didn't get to really tell me this kind of stuff. Yeah. So this is the first you're hearing it and you suddenly realize it's real. It's it's real. It's the Bible. It's there, you know. So he explains that to me and I'm given permission to take back a Bible that he gives me. It was a little Gideon Bible. And so I'm if I'm awake in that cell, I'm reading it. I'd read it and read it and read it. So you are allowed to take this into the cell? They allowed it to. Yeah, I don't know why. I don't know if he talked to the guards or it must have been because I think so. Yeah, but I was given permission to have that Bible. And so I'm I'm reading it for hours now. And it's a King James Bible, by the way. That's not easy. Yeah, it's not easy, but I'm reading it. I don't understand it. I don't understand it at all until. And the thing is that he didn't tell me how to read it either. So I started from Genesis. And so by the time I get to Acts, it's quite a while. Wow. And that's when I started to see, wow, these guys, these ordinary men that God has used. And these are men that have similar stories. Not everybody's clean in this Bible. These are guys that have done horrendous things and God has forgiven them. And so I have a moment with this Bible over and over again. So you've been in there three years up to this point, you said? Yeah. So what happens now? So here comes this voice again. Really? And this voice again. And it's God's voice. And he says to me and this voice of God is audibly again. And he says, when you get out of here, you're going to grab your homeboys or your gang leaders and you're going to let them know that you want nothing to do with this anymore, that you're now a Christian. I was told by the gang coordinator and the warden that I would spend my entire sentence in solitary, that I would parole from there. So I thought, OK, well, when I parole, this is what I'm supposed to do to my surprise. Here comes the warden and the gang coordinator, along with other guards, and they're going to put me into mainline, into regular population. Which is a huge step at this point. Yeah. Wow. And do you know why? I don't know why to this day. I don't know why. To this day, you don't know why. But I know that it was ordained by God. I go out to the yard and I stand on this concrete picnic bench in the yard. There's several gang leaders there with me. And I tell them word for word what I had heard in the prison, in the yard. When we come back, I want to hear this. Holy cow. Casey Diaz is my guest. The shot caller is the book. Stick around.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"So this woman comes back every month, spends a few minutes with you. Is anything happening to you during this time? Nothing until I end up encountering Christ in there on my own. You know, you lose track of time. There is no windows. There's no windows. No windows at all. The cell has nothing. You can see nothing. This is hard, so hard for most people to process. I'm amazed. We're going to be right back, folks. We have just gotten to that point in the story. Don't leave. We'll be right back. Every day, the parallel economy grows bigger and bigger. It's powered by everyday Americans who are sick and tired of all the propaganda being jammed into every product they consume. Big mobile companies are no different. For years, they've been dumping millions into leftist causes. And we had to take it because you needed a cell phone. Probably thought there was no alternative. But now there is Patriot Mobile is America's only Christian conservative wireless provider, offering dependable nationwide coverage on all three major networks. So you get the best possible service in your area without the woke politics. They're 100 percent U.S. based customer service team makes switching easy. Keep your phone, keep your number two. Just go to Patriot Mobile dot com slash Metaxas, Patriot Mobile dot com slash Metaxas or call 878 Patriot. Get free activation today with the offer code Metaxas. Ask about their coverage guarantee while you're there. Get the same dependable service and take a stand for your values. Make the switch today. Patriot Mobile dot com slash Metaxas or call 878 Patriot. Hey, folks, you know how much I love Mike Lindell. Well, right now, my pillow has a massive closeout sale happening on their all season slippers. Listeners continually make the my slippers the number one selling my pillow product. And I have a feeling you want to stock up right now when you hear the offer. When you use my promo code, Eric, you'll get the all season slippers for twenty five dollars. Regularly one hundred and forty nine ninety eight. That's over one hundred and twenty dollars in savings limited to 10 pairs at checkout. These will sell out. Trust me, my slippers have an exclusive four layer design. You won't find any other slipper patented layers make these slippers ultra comfortable and extremely durable. They help relieve stress on your feet and you can wear them anytime, anywhere. They also come in a ton of additional sizes and all new colors. Just go to my pillow dot com. Click on the radio podcast square to grab a pair of the all season slippers for twenty five dollars limited to 10 pairs at checkout. Enter promo code Eric or call eight hundred nine seven eight three oh five seven eight hundred nine seven eight three oh five seven for this incredible offer. These won't last long, so please order now.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"So you're going to serve a sentence. How long is the sentence? Twelve years, eight months. Twelve years in solitary. That's what I was supposed to be in there for. Yeah. What are you thinking at this point? I didn't and honestly, I didn't care. It was almost like, you know, there's there's three penitentiaries in California that are I kind of compare them to, you know, Yale, Harvard and, you know, that kind of thing. These were the Ivy League prisons of California and New Folsom was one of them. So to me, it was, you know, I made it to to where I needed to make it. And so it was fun and games. I mean, I really didn't care about life or a sentence. It just didn't matter to me. It didn't matter to you. So when does this change? It changes when a little church comes to visit one Thursday out of the month. And this little lady by the name of Frances Proctor, a little black lady, she is there and there's a conversation happening right outside my gate or my cell. And the conversation is her asking a guard if there's an inmate in that cell. I had no clue that she was pointing at my cell. And the guard actually discourages her multiple times to don't waste her time. Those words were said. Don't waste your time. And she is so ambitious and courageous and bold. And I remember her saying, Jesus came for everyone, including him. Can I approach a cell? And she does. She's given permission to approach my gate. She comes to my gate and a little conversation happens. I didn't want initially I wanted nothing to do with her or her religion. I never went to church. I had no biblical knowledge, didn't care about God, wasn't looking for God. Jesus to me was I just that was I was in darkness of anything that had to do with the religion in there. And but you end up talking to this woman. I mean, it's amazing to me to think about this woman. You know, there are all these people out there thinking, what can I do with my life? I'm bored. And this woman on her own time goes into a very, very nasty, dark place to talk to you, one of the most scary, violent offenders in the whole prison system. That's that's kind of amazing to me. And so what does she say to you? Her first her first thing that comes out of her mouth is as she comes to my gate, she says, you know, how are you doing? And I kind of, you know, thought about that. And I said, well, I couldn't be doing better. And she laughed. She said, that was a dumb question. I said, it's all right. But, you know, she does her little presentation and and I kind of shake it off and I tell her to, you know, I'm not interested. But she says this to me. She says, I'm going to put you in my hit list, which was very colorful for her to say that in a place like that. Yeah, she said, I'm going to put you in my prayer hit list and Jesus is going to use you. And there was this boldness that came out of her. And I thought this lady's this lady's nuts. She has no clue what she's doing here or who she's talking to. So for a year and six months, this lady goes into an intercession for my life. So intercession, she's praying for you for a year and six months. Did she visit you again? So she asked me if she could stop at my gate and myself, you know, to spend two to four minutes with me praying for me. And I told her, I said, you know, you do whatever you want. I don't know, you know, I don't want nothing to do with your religion or whatever you're trying to sell me here. Yeah. And but she was she said, I just want to stop by and and just pray for you and see how you're doing. That's all. And so she would. So once a month, she would stop in and pray for me. And and, you know, little conversation. We only had about two to four minutes together, four minutes. Why so little? You know, it's it's it's high security. It's it's not where you could just pull a chair and and, you know, have coffee with her. It's a whole different story in there. And solitary at that time, the shoe program, you the limit of spending time with anybody was very small, very small window. Did that affect your mind? I mean, I can't imagine what it would be like to be so isolated for so long. Well, you know, for me, no. For others, yes. I remember, you know, there's nowhere you can hang yourself with. In that cell, it was a cell with an eight by 10, kind of like the size of a parking space. You had a toilet, a concrete slab to sleep on a concrete slab to sleep on a little mattress, a very thin mattress, about two inches, a mattress, a T-shirt, white boxers. And that's all you had on a roll of toilet paper. And what do you do for 24 hours a day? You for me, what I did is exercise, run in place, walk in place, jumping jacks, calisthenics and stuff like that, just to try to you had you weren't allowed to have absolutely nothing, no books, no nothing in there. See, that to me is the most dramatic thing, that there's nothing to do, to look at, to read, to that's heavy. Yeah, yeah, you can't there's no I mean, for me, that's a sentence to insanity, basically. I mean, most people I think would would lose it in there. And can you get out of there for 30 minutes a day? Or what's the story? California gave you a one year, a one hour yard time. But basically, what they did is they came and extracted you from the cell and put you in a bigger cell with a handball, a little basketball hoop. And that was it. I mean, you had nothing else. And then you came back to that eight by 10. So we saw a lot of or heard rather, a lot of men that started talking to themselves, of course, and some that wanted to end their life. And what they would do is and we all knew it. You know, there's all of us, you know, there's eight cells on the top, eight cells in the bottom. And we could hear when somebody just lost it. And what they would do is they would run from the end of the cell to the gate to metal prison metal headfirst in hopes to crack their head or their neck and end it there. We heard a lot of that in these in the shoe program.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"Hey there, folks, it's Eric Mataxas. I'm talking to Casey Diaz, who's the author of a new book, The Shot Caller, a Latino gang banger's miraculous escape from a life of violence to a new life in Christ. Casey, your story is just so crazy. You were, you know, you were not just involved in a gang. You were you were a very violent, very, very scary individual. I mean, the idea that at 16 you had participated in numerous stabbings, you enjoyed it, you were getting encouragement in a way. Your whole identity was that I'm the scariest guy around. And then you go into this confinement and you practically kill a guy there. So they take you at that point and what, they send you to New Folsom Prison? Is that where you go? So, no, I was while I was at a California authority, the guy didn't die, I was caught in the very act of strangling him. So they ended up sending me to Los Angeles County Jail, Men's Central Jail in downtown Los Angeles. And then from there to what's called the gang module. And in the gang module is where every L.A. gang leader is housed. We're a little bit too much for main line or regular population. So they house us there. And then from there I get transferred to wayside to a unit called twenty four hundred. And this is where everyone that's in there for murder is housed. So I'm housed there and and there is where I get validated as a shot caller inside. OK, so the title of your book is The Shot Caller. What is a shot caller? It's someone who has the ability to push a name in a piece of paper and have you killed up to that just by me signing a document. So even at age 16, you had that kind of power and authority in the gang world? Well, by this time, I'm 18 years old or around there and I'm already, you know, through the trial was an eight month trial. And so time has gone gone by. But yeah, just the measure of violence that came out of me, it was a little bit out of the box, even for that kind of culture. I just didn't have any breaks. If anything needed to be done, I would happily do it. There was no second thought or I just went and did it. And it was a normal thing for me. So what happens at this point? So from there, I'm waiting for what's called the chain to be transferred from L.A. County jail to a state prison. So I ended up getting sent to Delano State Prison for 120 days. And there what they do is they evaluate you further to see if you have any gang ties in organized crime within the state of California because of the level of violence that I came in with. The California Department of Corrections has a scoring system of one to one hundred. And that's how they kind of tell how much security an individual needs. So I went in there with ninety seven points. That's pretty high security. So for that, I was sent to New Folsom State Prison to directly serve my sentence as in the SHU program in solitary confinement.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"Not suitable. That's very nice to put it that way. I mean, that is amazing. We're going to be right back, folks. An amazing story. Casey Diaz is my guest. The book is The Shot Caller, a Latino gang banger's miraculous escape from a life of violence to a new life in Christ. Stick around. Tell me why Relief Factor is so successful at lowering or eliminating pain. I'm often asked that question just the other night I was asked that question. Well, the owners of Relief Factor tell me they believe our bodies were designed to heal. That's right. Designed to heal. And I agree with them. And the doctors who formulated Relief Factor for them selected the four best ingredients. Yes, 100 percent drug free ingredients. And each one of them helps your body deal with inflammation. Each of the four ingredients deals with inflammation from a different metabolic pathway. That's the point. So approaching from four different angles may be why so many people find such wonderful relief. If you've got back pain, shoulder, neck, hip, knee or foot pain from exercise or just getting older, you should order the three week quick start discounted to only nineteen ninety five to see if it'll work for you. It has worked for about 70 percent of the half a million people who've tried it and have ordered more on one of them. Go to relief factor dot com or call 800 for relief to find out about this offer. Feel the difference. Legacy Precious Metals has a revolutionary new online platform that allows you to invest in real gold and silver online. In a few easy steps, you can open an account online, select your metals of choice and choose to have them stored in a vault or shipped to your door. You'll have access to a dashboard where you can track your portfolio growth in real time. Any time you'll see transparent pricing on each coin and bar. This puts you in complete control of your money. The platform is free to sign up for. Visit Legacy PM Investments Dotcom and open your account and see this new investing platform for yourself. Gold can hedge against inflation and against the volatile stock market. A true diversified portfolio isn't just more stocks and bonds, but different asset classes. This new platform allows you to make investments in gold and silver no matter how small or large with a few clicks. Visit Legacy PM Investments Dotcom to get started. You're going to love this free new tool that they've added. Please go check it out today. That's Legacy PM Investments Dotcom.
The Eric Metaxas Show
"casey" Discussed on The Eric Metaxas Show
"Welcome to The Eric Mataxas Show. We'll get you from point A to point B. But if you're looking for point C, well, buddy, you're on your own. But if you wait right here, in just about two minutes, the bus to point C will be coming right by. And now here's your Ralph Cramden of the airwaves, Eric Mataxas! We have an amazing guest today, an amazing, miraculous story. Don't leave whatever you're doing, because this is one of those stories. I'm sitting here in the studio with Casey Diaz. The book is The Shot Caller, A Latino Gangbanger's Miraculous Escape from a Life of Violence to a New Life in Christ. Casey Diaz, welcome. Thank you for having me. You have an I mean, the life of violence doesn't do justice to your story. I mean, it's worse than I mean, a lot of people had a life of violence. You're talking a life of extreme violence. So I want to get your story. Where do we start? Where are we like? Where do you I mean, when did you come to tell the story of coming to America? How old were you? I was two years old. Two. All right. So we're not going to get a lot of details. You were two, right? Yeah, exactly. But came here from El Salvador. OK, and you came here as an illegal immigrant? No, legally. You came as a legal immigrant from El Salvador when you were two? When I was two, yes. OK. And we settled in what's called the the Rampart District of Los Angeles. Yeah. And my aunt lived in South Central L.A. So we moved back and forth in the beginning stage of me coming here. OK. And you got involved in violence extremely young. Tell us the story. I was 11 years old. You know, it was at a time where kids were still playing outside baseball and football and a lot of outside outdoor activity. But the only element with me was that my folks with my mom, you know, she worked as a seamstress in downtown Los Angeles. So she'd leave at four in the morning and then wouldn't come back until around 10, 11 at night. And then my father, who was never working, he was always out there. And, you know, he'd be selling weed out there. And your father was selling weed. Yeah. Wow. And, you know, the drug epidemic in the 80s in Los Angeles had just started. So so here's a young boy being left essentially unsupervised. And that becomes the danger in and of itself. So your father is pushing drugs to make a buck and you never see him. Very dramatically different story from your mother, who's obviously working too hard. Yeah. So at what point do you go into gang to being a part of this gang with a violence? I was introduced to the gang culture at 11 years old. Gang started move in it. You know, you start becoming aware. And I was introduced to to this particular gang by one of the guys that we hung out outside. And I started to notice that, you know, cars would come in, pick them up. And then I had some questions and I asked those questions. And, you know, he gave me a little brief description of what a gang was, what it involved. And it lured me in. It became a false sense of family that I didn't have at home. You know, you hear this over and over and over that it's like a family, that people are looking for something. They don't have it and they find it in the gang. So what do you do at 11 or 12? I mean, what what you know, you're you're a kid at that point. What happens? Unfortunately, there was a gang leader that took me under his wing for whatever reason. He took a liking to me. And so here you are at 11 years old, hanging out with a very popular gang leader of this gang. And he takes me to my first, you know, stealing of a car. We do some things, you know, and and one event is what started to. Really change everything. We went and we what we call jumped a rival gang member. And basically we were in a stolen car. We went and looked from found him and assaulted him. And he ended up stabbing the guy and then gave me the screwdriver and said, your turn. And that was my first stabbing at 11 years old. You were 11. Yeah. And you didn't do it with a knife. You did it with a screwdriver. Screwdriver, yeah. What did that do to you? Sometimes at that age, you're so young that you're not sensitive the way you are when you're older. I mean, did it how did you feel? Well, you know, in my home, there was a lot of violence to start off with. My father was extremely violent. He beat my mom. I mean, there was not one week that my mom was not beat senselessly and left in a pool of blood by the hands of my father. So I saw that. And at eight years old, I saw I witnessed a triple homicide right before my eyes at about 20 feet away at eight. Yeah. Three men were gunned down in front of me. All right. So you're 11 years old. You're being initiated into murder, violence. I imagine if you start there, it doesn't get better. It doesn't. You know, little by little. I started to be led by this gang leader and just the popularity that he had almost came upon me. Here's you know, I think it was looked at as oh, look at here's this little cute little gang member. He's 11. And so everybody starts to kind of, you know, pat you on the back and and validate you. And that's what the streets will do. If you don't have any validation from your father, from a good leader in society, someone is going to validate you. And for, you know, in places where it's poverty stricken, the streets will do that. A gang leader or a drug dealer will do that. So you make it sound like I mean, this is sort of the typical story and it's such a horrible story. But you hear this so much that in a way, it's either an absent father or a violent father or a father who's violent and absent. And it seems like you were set up almost. Yeah. Right. I mean, where else are you going to go? That's where those that's where those kids go pretty much. Yeah. So so how does this develop? I mean, are you you know, at what point? Well, let's let's get to the point where you're arrested and all this, how did things developed so that you get arrested so young? Well, you know, I think that once you start to get used to a certain kind of lifestyle in anything, it becomes normal. And for me, violence became the normal. And so, you know, from me, particularly in the stabbing and 11, a craving started to happen within me and I needed to go out there. I wanted to go out there. I saw what it did in the in the eyes of other gang members. I saw the fear that it was bringing. And that crave also, you know, jumped over and I just needed to do that. And it became an everyday thing where I went out there and sought after gang rivals and did whatever I needed to do. So you and you enjoyed the violence? I did. And how old how long does this go on for? For a period of about five years until I get arrested at 16 years old for a gang related murder. OK, so you now I'm imagining that you were involved in a number of murders before this, but you had not been caught. I had been all over the place by this time. I've stabbed many other rebel gang members. Yes. And so you're arrested. What happens now? You're 16. I'm 16. California is about to try a little thing where they want to try to see how young they can convict youthful offenders and try them as adults. And so I was in the very early stages of that of that experiment in law. And so what they initially did was if you were convicted and tried as an adult and found guilty, at first they would send you to what's called the California Youth Authority. They sent you there and then they would evaluate you like the California Youth Authority can hold you up until 25 years old. And so they could do that. But in my case, I was in there for a 90 day observation to see if they you know, if there was any kind of rehabilitation that could still take place in my life. But I was found while in there strangling another rival gang member. I almost killed him. And for that reason, I was sent. I was found not suitable for that kind of environment.
Love Island: The Morning After
"casey" Discussed on Love Island: The Morning After
"Today, we have the final the morning after awards of the series. We call them the masters, baby. Are you ready to hand out some prestigious awards today? Of course. Casey and Rosie, you'll be able to write some extra extra insight for us, okay? So, first up, we have the award for biggest romantic. Who do we want to award this to? Oh, I think Tom. Tom. Biggest. Biggest romantic in the villa. Top. He wrote her a poem. It was terrible. He's still right here about it. Is that okay, so Rosie, you are so sweet. You make me dozy. That's wrong. Yeah, but you should have rammed the sweet. Yeah. Okay, I'm a terrible person. It needs to be a four liner. Yeah. Rosie, it's very good. I can't thank you, wait. Let me see. Rosie, thanks for playing Keenan. Can't wait to meet up with the parents and see them. Oh. That was good. That was good. I like that. That was good. Great. So what are we going for Tom for bigger romantic? Is that a choice decision Casey? Would you think? I would say Tom, but after watching the first episode last night that we got to watch, I think Kai, he's such a little sweet. Yeah. I was about to say that. Such a romantic. He's a romantic. He's literally just falling for cinnamon. He's just gone all for it. Love it. I'm here for it man. We turned Casey, I love it. Take me long. I do see it. I do see it, but I am still going with Tom. I don't know fair enough. Oh, this one's good. Most extravagant. Who's worthy of this title? Define extraction. I think it's straight we probably will in it, just sort of like, oh, yeah. You know, like loud clothing, very light, loud when they're around, limbs moving. Okay, that's where you literally just defined well. Limbs moving, well. And he's like that 24/7. No, honestly. It's got no when she saw 7. Right, so next up, we also have the award for best grafter of the series. Ron. Yeah, I know who I'm thinking. Sorry, I disagree with that. Don't I? No. Had even looked at your time. That's what you got you annoyed, did it? Rosie, you're going to be like, he won't talk to me. Yeah, biggest graft, I've got to say, Ron, he's a very sweet talker, knows exactly what to say at the right time, so yeah. You know what, I'm going to go well. Yeah, I saw like after the Casa situation, I feel like he really did have to graft her. Graft Jesse. Yeah. And he also got a flavor as well. Bringing the smoke. Wow. I couldn't believe it. I saw in the movie clip. Him grafting Lenovo, I was like, this boy's got games. He is a bit of a grafter actually. Like that. Thank you. Yeah, well done Rosie. One point to you. Cool right next up, we have the award for creating the most heartwarming moment. Who's receiving this? Being part of it, I think, wheels, little speech to Jesse on the terrace. It's got everyone involved. It was a massive villa moment to get everyone involved in the situation and then finished off with a I love you. I think for me, that's got to take most heartwarming. Yeah. I think for me, it was in the talent show at the end. When Tom was singing and we all stood up and it was just, it was such a wholesome cute. Yeah. This is really important actually. Because there was like an actual problem about this in the village. Will was fuming. Best dressed. Yeah, I was number two as well. What's that about? What's wrong with number two? No, like number two. Yeah. Oh, who cares? He was number one. Well, and Jessica. But I actually don't think I personally I like the way we'll dress it. I feel like will's dress sense matches his character a lot. Yeah. I will put on something and then you would see him go about his day and be like, ah, I know why you're wearing something. I just think because it's out there. Yes. The majority of people don't agree. So you think will then you both think well. For best dress. Yeah, Martin. Yes. Martin. How can we forget Marty? I really like Martin style. Great show. I haven't really seen much like out there outfits. And I feel like there's certain things that literally only Martin could put off. Yeah, I feel like everyone in the village dresses for their personality, which is great. Yeah. I agree. Well, great way to finish the pod 'cause there's no way I'm coming and talking about fashion. I know anything about it. I wish some sort of fashion commentators. Rosie and Casey, thank you so much for joining us. You've been absolutely brilliant. We have loved watching you both. Rosie, I know you weren't in there as long as Casey but you provided some iconic moments. Thank you so much. Both of you. We love you. We do. Thank you so much. Thanks for having us. What a great episode. I always love the dream dates. I know, and you know what? We are so very close to the final now. I can't believe it, Sam. Before you leave us today, make sure you subscribe on your favorite podcast platform so you do not miss a single thing from us. It is produced by listen for ITV and we will catch you next time. Bye.
Cryptocurrency for Beginners: with Crypto Casey
"casey" Discussed on Cryptocurrency for Beginners: with Crypto Casey
"Are one decentralized, meaning no one person or entity has authority or control over it to transparent, meaning anyone and everyone has access to see every single transaction ever made on the network and three immutable, meaning no one can alter or change transaction data recorded on the network. Now contrast that with a Central Bank digital currency that is one, centralized, meaning the network all balances transactions and issuance of money is controlled by a central authority. In this case, the government and central banks two it is not transparent, meaning the only people that have access to view transactions are the central authorities. In this case, the government and central banks and three it is not immutable, meaning the central authority of the network can manipulate and alter transactions as they see fit. So what does this mean? What can governments and central banks do with this sort of technology? Why would implementation and enforcement of use of Central Bank digital currencies like this be the ultimate form of modern slavery in the biggest power grab in all of human history? Hello, I'm crypto Casey, and in this video we are going to explore why we may soon be experiencing the most heinous crime against humanity that will rob us of our life, liberty, and property, and what we can do to hopefully create a better and brighter future together. Where wealth is distributed, more fairly in society, where we have complete control and ownership of our assets, and where we can hold governments, central banks, and big corporations, accountable for all of their actions to ensure they are acting in the best interests of the people, the planet and our future as a species. Let's hit it.
The Security Ledger Podcast
"casey" Discussed on The Security Ledger Podcast
"How do you keep good people out of jail. How do we normalized that that you know people like myself who enjoy thinking like criminals but have no desire. Oh actually have almost like internal moral restriction on becoming one when the first bugs for cash programs emerged almost two decades ago they were controversial bug bounty programs like the one launched by defense labs in two thousand and two or tipping points zero day initiative launched in two thousand five. Were at the time accused of incentivizing. The work of criminals and bad actors today however bounty programs are just part and parcel of the software industry fortune. Five hundred companies including microsoft. Google and apple offer them not to mention countless other software firms in recent years even old-economy industrial and manufacturing firms like ford. Gm and john deere have gotten in on the act on the flipside. Many talented bug hunters and penetration. Testers can now make six figures salaries or more finding and reporting flaws in software but standing up a bug. Bounty program is no easy task especially for companies that don't already have deep roots in the information security community. What does it take to stand up a bug bounty program these days and what skills are in demand on the bug bounty marketplace's to answer those questions. We invited casey. John ellis into the studio. Casey is the founder and chief technology officer at bug crowd in this conversation. Casey i talk about the founding of bug crowd almost a decade ago and how the bug bounty market has changed in that time we also talk about the surge in demand for bug bounty programs by both government and old economy firms suddenly find themselves in the software publishing business. Finally casey and i talk about what it takes to be a successful bug hunter these days and what skills are most in demand on platforms like bug crowd. You may be surprised by what he has to say to start off. I ask casey to tell us a little bit about crowd. My name's casey jones. I am the founder chairman and ceo of crowd and co-founder of the disclose. I approach casey welcome to security ledger. Podcast thanks for having me so for our listeners. Casey who don't know of bug crowd and probably are many of them but Tell tell them. A little bit about The company that you help found and what you guys do. Yes sure so. Bug crowd is is a security platform. you know. We've basically pioneered the the idea of sitting in between all the The latent potential and the good things that exist like the help that's available from from the white hat hacker community and increasingly pen testers security professionals and so on around the well and You know organizations. That bicycle need access to to Said skills as possible to be out to outsmart the bad guys that was. That was really. You know the problem. That i i want to solve when i started the company. The fact that you know it's like cybersecurity is kind of a human problem right and they're on enough humans to go around already on the defense side. Meanwhile we're trying to compete against his this crowd of adversaries have lots of different skill sets lots of different motivations and an incentive for success so like the maths kind of wrong with with how we've been doing a lotta stuff in the past from my perspective and i grew up as a as a hacker in school than pen tester than solutions architect than i wanted to be an entrepreneur. Esa us looking at that problem and it was. It was bugging. Because i could say that you know hack is..
106.1 FM WTKK
"casey" Discussed on 106.1 FM WTKK
"Casey will be back on Monday, little under the weather, but he's going to be just just fine. I've got another little snippet from Dr Fauci that we've got to pay attention to. And then Yep, I'm going to talk to you a little bit. About this. We're a sheet of Taleb character. What a real agenda is in quite frankly what the real agenda is at play when you take a look at the uber leftists. I mean, there was a time quite frankly. Oh, yeah, Democrats. We have Republicans and everybody fundamentally Kind of played right along the middle right. Democrats were a little bit more interested in government Republicans a little less interested in government programs, but also calling for Private people like you. Private organizations like your church to be involved, but fundamentally plead right around the middle. Not the case anymore. Oh, my gosh, not the case. Now we are very much seeing on full display. This uber left agenda. We'll talk about, uh, was she had to leave in just a moment. Let me let me share this other little clip from Dr Fauci. Let's talk about a specific here. We know Mississippi is one of the lowest. I believe it's the lowest vaccinated has the lowest vaccinated race rate in the country. You are in Biloxi, Mississippi. Right now, Dr Fauci, would you be wearing a mask? You're fully vaccinated. But would you be wearing a mask in Biloxi, Mississippi? Think there would be a good reason to do that. I mean, because there as we've said so often that vaccines are not even as good as they are and highly effective. Nothing is 100%. And if you put yourself in an environment in which you have a high level of viral dynamics and a very low level of vaccine, you might want to go the extra step and say when I'm in that area. There's a considerable degree of viral circulation. I might want to go the extra mile to be cautious enough to make sure that they get the extra added level of protection, even though The vaccines themselves are highly effective. I'm hold on the extra mile. I thought the whole reason. That I got the vaccine was so that I didn't have to wear masks. You do need to know something about me, though. I've always thought People are dirty. I'm the guy that when all of this happened I already had big bottles of Purell on my desk. I had two of them. Why? Because I don't want to shake hands. I am firmly convinced that everybody's got some sort of a disease. I'm not a German Fulk, but I just don't really like germs. So I didn't have any problem. I said, Hey, you're not going to shake hands anymore, although I continue to shake hands, But then I got my pure al and I are doing this. I don't have any problem of everybody is double mast and triple gloved. I thought the whole point of us doing this vaccine getting the vaccine, whichever one you got was so that the real world could open up again. Now doctor found she wants to tell me I'll, By the way, Remember? I used to be against masks that I was in favor of masks well now against them, But I'm still in favor of them. Look, you got to pick a side dude, and I don't really care which side it is. Just pick a side. I guess the side he's picked. Is the everybody's got to wear a mask. Don't think I'm going along with that. And I don't think I'm alone. Look at my circle of friends. Some of whom absolutely are terrified of this and others who from the beginning of said I don't think I can be terrified of this. And I've always been somewhere in the middle. Part of it has to do with the fact that my mom was a nurse. Right. So I get infectious diseases. I get the whole Methodology behind it. I understand a certain amount of the virology. Not all of it, but enough to say okay, I would like to be protected. Okay? I do want to take precautions. Alright. I'm not going to take unnecessary risks. But you know what? That's the essence of being an adult. Every single day. You and I get up. Whatever time of the day it is that you get up. I don't care if you're up first thing in the morning or you're getting up and you're going to work an overnight shift. Whatever it is that you are doing. You get up in the morning and you then make a series of decisions. You analyze continually, the cost versus the benefit right? The risk versus the reward. You're going to get up. You're gonna walk downstairs from your bedroom. To the kitchen to get a cup of coffee you have made a risk assessment has got news for you. There are plenty of people every single year who trip going down the steps. Some of those people who trip fall a couple of steps. Some of those people who trip fall all the way down to the bottom and break a bone. Some of those people who trip and fall fall all the way down to the bottom and they die. But you and I, for the most part, have made a decision that says well. I really need my coffee or, gosh, I'm really hungry. I'm going to walk down those steps. And then you're gonna look at your floor. So you're not going to do it consciously, but you made a decision as an adult. Maybe it was based purely on looks. Well, I like the way hardwood floors. Look, Jeff, So that's what I'm going to have in my house, okay? Do you have hardwood floors, and you clean them or somebody cleans them? Right? And there's a wax involved at some point. You know what happens? Oh, your floors look really nice. They're nice and shiny. With a little slippery. Some people walk on those floors. And they can slip. Some people walk in slip and falls. Some people walk and slip and fall and break something some people walk and tripped and fall and die. But you do the calculus for yourself. And you say, May I think we're okay. Or maybe you went the opposite direction, Jeff. We got wall to wall carpeting. We don't have any risk of tripping on that highly polished floor..
Health Hats, the Podcast
"casey" Discussed on Health Hats, the Podcast
"Just because not and they haven't scheduled yet so that'll be at the razek. Mri point in the not too distant future stay tuned for updates like pissed off. I wouldn't say. I'm pissed off. Okay i'm bemused bemused eye. Like that ord not pleased. We'll say casey is not pleased at the idea of a stage. Four cancer diagnosis again. Because i know so many people who have been on the receiving end of those various types. It's it's not as though. I feel as though i'm the only schmuck in the universe that's got stuck with this night far from it and also that it's it's like i'm supposed to go home and die now. No death is inevitable for all of us and who knows i could be seeing a like sort of the end of my line as it were but not as though that's happening this week or even this month i'm not feeling as though i'm about shuffle-off but who knows because that's by the way an inevitable outcome for all of us no one gets out of here alive in case you missed. Amount is still only a theory. It's not something that i figure is happening this week this month. Possibly even this year right. But but the fact that i'm now at the point of eyeballing my mortality pretty squarely. I thought. oh hi. how are you doing. Yeah how are you yeah. Guess what Hey there so are you. Are you bored like you're such an active person. We'll say that not being able to do much. His is not my usual. This is where me out that i'm tired. Some of that is medication related. The great big fancy medication. That i'm on the one that's fourteen thousand dollars a month by bad for it. Hello thank you. American pharma but the drug that i'm on which is one of the ones that they advertise crazy on tv. Okay it's interesting. That stage four metastatic cancer treatments are like worthy of television ads on prime time television really anyway. I've been having a fistfight with the pharma folks over tv ads for over a decade. It's like you guys the fuck you doing. But anyway they're spending an awful lot of money that to me seems well we could keep talking about how. Rnd is. that's what your biggest bottom line is. But then meanwhile you're spending billions on television ads to faulk anyway back to our show already in progress anyway so this big drug that i'm on one of the one of the main side effects fatigue. Okay and the other things that my blood numbers have been terrible and some of that is. Because i don't really have an appetite. It's not that i'm not eating at all but it's like there's not a lot. That really appeals to me. Yeah i am using a lot of like meals when i say meal. Delete like doordash that kind of rub it's cetera and it's okay. What appeals to me right now. If somebody wanted to cook me something and bring it it would be great but again okay but my brother was here for a week. And he just went back home yesterday and he and i are both into cooking And he made some things that were. There was a vegetable cookbook by eric repair from lebron dan. He brought a book and made some things from it was good. But i haven't been able to get into the kitchen to cook right really. I bet as you gotta stand. They're getting in and out of the kitchen is also fun. Just because of the way that my place is constructed oak. And i can get in and out. It's not out of the question but it still excited to get in there. And then go in there with the walker and the walker has exceeds. And so i can sit but then the counters are up here and not as. That's impossible but i can. I can deal at the same time. It's just. I did get in there once and made a salad for dinner. And that was god that was within the last month and that was i felt his white accomplish. Something by doing ya But that was that was it. And i have gotten might. My sister is in a big kitchen person cooking but does take direction really well so she. She's been remote controlling here. Go do this. And so that's that's been but again it's like a lot of times i'll just look at doordash just konare.
Breakfast Leadership
"casey" Discussed on Breakfast Leadership
"It's not a guarantee but you can have success and joy but it requires a much different way of relating to the people who are coming in the door to work with you and for you. A great example of that and i've seen leaders and worked with leaders. That have been like gordon and i've been with leaders that are is selfless as they could become the great. They're strong leaders. They weren't week but they they knew how to work with people and get the best out of every person because everyone has strengths and they'll have areas of improvement but setting things up where those people could work in their strong spot and be able to still learn grow and depending on what they wanna be working on in those environments of the ones that tend to thrive those the ones that tend to grow those are all the organizations that did navigate things such as pandemics because those organizations that had the gordon of the world hasn't been a pleasant experience for everybody because those organizations also were of the opinion. We cannot have remote work at all and for many organizations. They were forced to that picture and they are really having a difficult time because the cat is out of the bag because their employees delivered for the most part while we were working remotely and now they're those employees. Obviously many millennials. As well are saying wait a minute. I don't want to go under the office five days a week anymore depending on the organization and impending what to do there are some teams. Like i really want to get back into the office. Because i miss the collaboration and those are healthy environments to be a part of one hundred percent agree so what's one bit of advice that you give new organizations to reach out to you that are exploring you know this new while new. It's been around for a long time You said he'd been working for a long time. But you wanna start. Implementing some of these initiatives to leave less of a footprint on the planet and do some things to make you clean energy within the organizations or the customers today sir. What are some common questions you get in. How do you guide them. An operating principle for good businesses has always been to lower. Your amount of waste is waste is a loss essentially and the only way that waste has been acceptable in business has been when the cost of waste has been pushed onto somebody else. So the most basic step. I can counsel a small or medium-sized business. To consider is to start to view your overall footprint out in the world and if you bring a mindfulness to it you're going to see ways where you are creating wasted unnecessarily and it's not forms of waste that benefit you in any appreciable direct way you know most most their waste stream so to speak keep. I'm talking about what goes out the door and in trash bags but also leaving whites on.
Breakfast Leadership
"casey" Discussed on Breakfast Leadership
"Welcome to the breakfast. Leadership show where we interview global thought leaders on business leadership in life. Here's your host keynote speaker bestselling author and chief burnout officer of the breakfast leadership network. I go eleven. welcome back. I've got my case and mike how are you. I'm good michael. Thanks for having me great to have you here so you are with tire. Come tell us a little bit about that organization and in some of the amazing work. Well thanks for assuming we do amazing. Work i i i see it that way but the fact that you see it that way is heartening we are that is top clean economy mar calm and public affairs firm. In other words we make our living helping clean economy companies win with customers and with policy makers and investors. That's an important important work in as we said it briefly and the pre show notes boy a perfect time for that you know. We've got the timing of this recording About an hour or so ago We have a new president of the united states. And there's a lot of new initiatives and things like that and of course we know that we're in the midst of pandemic and the focus of clean whether it's an energy or cleaning things and all of that kind of stuff are coming into play so let's dive in a little bit more into it so you know what what types of organizations to help with this. And what are some common questions you get from those organizations when they're exploring the work that you do so we primarily help companies that sell solutions to sustainability.
WCBM 680 AM
"casey" Discussed on WCBM 680 AM
"Casey and Elliot were talking about sham Peach mint here. On. You know, this is how we know the Democrats have lost. It's over. Um, two major things. One is we have the House impeachment manager Stacey Plaskett. And mad Maxine Waters now admitting That the Congress was given a heads up with days weeks months. Ahead of time that this could be an orchestrated, well planned coordinated attack on January 6. That's from the mouth of the Democrats, one of them that the impeachment trial and then secondly, I have in my hand a letter from The Capitol police chief former Capitol police chief of Steven's son Who resigned and he wrote a lengthy letter to Nancy Pelosi. And here's what he said about that day, which I found to be incredible that we haven't heard this in the media. Well, maybe now it's incredible. But he says that We were monitoring the actions and demeanor of the crowd. Which of the time did not raise any concerns when we received word 2:12:52 p.m. that a pipe on had been located at the RNC headquarters immediately adjacent Capitol grounds. We responded immediately to coordinate and send resource is to the scene, including a number of officers, officials and a bomb squad at almost exactly the same time, we observed a large group of individuals approaching the west front of the Capitol. While the group arrived at the perimeter. They did not act like any group of protesters I had ever seen. Unlike other heated protests, these protesters did not simply congregate to angrily voice their grievances as soon as the group arrived at our perimeter. They immediately began to fight violently with the officers and a tear apart the steel crowd control barriers using them to assault our officers. It was immediately clear that their primary goal was defeat our perimeters quickly as possible, and to get past the police line. This mob was like nothing I have seen in my law enforcement career with by the way spans 30 years. The group consisted of thousands of well coordinated, well equipped violent criminals. They had weapons, chemical munitions, protective equipment, explosives and climbing gear. Number of them were wearing radio ear pieces, indicating a high level of coordination. End of quote. This is not a spontaneous Incitement to insurrection. That word shouldn't be used. Anyway, This was a coordinated This was not random. This was orchestrated. This was planned. Now we don't know which groups we think maybe antifa BLM. We've heard oath keepers and proud boys on the other side of the spectrum. But these were not typical maggot Trump supporters that we're engaged in this activity. Bruce and this is from the U. S. Capitol police chief in a letter to the speaker. Nobody wants to talk about that. Well, I am not aware of they run on ear pieces. In the Washington D. C on the sixth, which would probably indicate that these people had gotten the earpieces and communication systems all in place. Well before that. Which again begs the question. Since this is the charge against Donald Trump Exactly How did he somehow agitate the crowd to behave in the fashion? It behaved. Those individuals the police chief was talking about on going to attack the capital if they had already all the equipment on hand here pieces communications devices. Climbing year if there was already in place. Exactly. How did the president do with the Democrats are accusing of doing it Zaps nonsense on Actually, David showing says, You know their big thing missing here, folks. Is any sense of due process in this in this charade at all. What I said from the start is this isn't a blood sport. It's not about entertainment. It's about reporting the facts the American people, so if you look at their sources for the information, what they would suggest is compelling they have such sources is reportedly or sources. That's part of the problem with the lack of complete lack of due process. Van Hollen our own, Chris Van Hollen says. Well, don't forget this isn't about Democrats. That's all the Republicans It's about or granddad. This isn't about Republicans and violence or Democrats and violence. This is about Donald Trump inciting a mob violence after calling them to the capital on January 6 for the purpose. Disrupting and overturning the count of the Electoral college. It's not about Republicans out of my Democrats. For all of you and the mushy middle of the GOP. This is just about Donald Trump. We don't We don't just like you guys, but But orange man is bad And we want you to know that And we're gonna get orange man in any fashion whatsoever. And then our own Chris Van Hollen would have to say And if if you guys don't convict Trump Well, anarchy is gonna follow. I think the most important part of this. The trial and a conviction is the conviction part which is to say as a country. Together didn't know President, Republican or Democrat in the future can engage in this kind of conduct, inciting a mob to try toe disrupt the democratic election. So there you go. Yeah, Thea other thing that needs to be investigated here. You read this letter by Steven Son of the former, uh, chief of U. S. Capitol Police. Do you know how long it took for him? He requested the National Guard that day. When the attacks started around 12 50. He called for the guard shortly after 1 p.m. that day, and it took almost four hours. Get the guard approved and sent Over to the Capitol. Now we're might remember Mark Middle, said President Trump offered 10,000. National Guardsmen to Pelosi. McConnell. They declined. So what took so long that day?.