36 Burst results for "Cryptocurrency"

Fresh update on "cryptocurrency" discussed on Bloomberg Daybreak

Bloomberg Daybreak

00:48 sec | 16 hrs ago

Fresh update on "cryptocurrency" discussed on Bloomberg Daybreak

"And Z cash are also gaining Finance has fully reopened withdrawals of Dogecoin That's after a technical glitch left traders unable to withdraw the cryptocurrency for more than two weeks the outage prompted a heated back and forth between Elon Musk and the CEO of finance India's first cryptocurrency unicorn is planning an IPO Coin DCX says it will pursue a public offering as soon as government regulations allow it The share sale would be a key vote of confidence for India's digital asset industry Thailand is looking to cryptocurrencies to revive its tourism industry the government is working with the nation's regulators and the local cryptocurrency exchange to accept digital tokens for travel Still it could take a while at the moment Thailand doesn't recognize cryptocurrencies as.

Elon Musk India Thailand
"cryptocurrency" Discussed on Rocketship.fm

Rocketship.fm

08:11 min | 2 weeks ago

"cryptocurrency" Discussed on Rocketship.fm

"Crack the code to hypnosis. Is there at least maybe just the slightest bit of hope that you have buried somewhere in your head? Yeah, I mean it in some ways like that hope makes it more difficult because it's like, you know, it's easier if you can just let it be in the past and forget about it. Still, Stefan says he's chosen not to dwell on his almost certain loss. Reality he came to terms with years ago. Ever since then, I've never had to worry about any other screw ups or failures. And if I can move past that mistake, I can move past anything. I don't know, Mike, could you move past losing a half $1 billion? You know what? Let's just cut to a break right now. I can't even talk about the anxiety. Even just thinking about that is bringing me. So we'll be right back after a word from our sponsors. This podcast is brought to you by justworks, just works makes it easier for you to start run and grow a business. Let me tell you how just works can help your business. Honestly, just works is the ultimate HR platform for small and growing businesses with simple software and expert support for benefits, payroll, HR and compliance across the country, small businesses with big dreams loved justworks for its simplicity intuitive platform and time saving features. Whether your team is remote or in person, you can give them access to national large group health insurance plans and manage onboarding, payroll, PTO, and compliance, all in one place, just works makes it simple to hire and manage remote employees across all 50 states. Find out how just works can help your business by going to just sort of dot com that's just works, dot com, WORKS dot com for more info. In 2021, a truly diversified portfolio needs more than the traditional mix of stocks bonds and mutual funds and needs private real estate. 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What we've heard about the upsides of cryptocurrency, the decentralization, which leads to a more stable future for unstable economies. The added privacy and security. But also the downsides. Real toll that cryptocurrency takes on our environment. The fact that it's still not immune to fraud or even accidental loss of in some cases, hundreds of millions of dollars. So how can we process all of that? Do the benefits outweigh the downside? Well, let's finish this episode by hearing from experts. Like, well, how about Charlie Munger from Berkshire Hathaway on CNBC? Bitcoin is worthless artificial gold. Which if it succeeded with the soldier, a lot of illicit activity. Now that is not something, I think the world needs and CEO of JPMorgan, Jamie Dimon, here on Yahoo, CNBC. Welcome back to Yahoo finance live. We are seeing Bitcoin moving higher right now. Still below that $60,000 handle though. JPMorgan CEO, Jamie Dimon, though, not bullish. No surprise here. Yahoo finances Jennifer schonberger here with the very latest comments from diamond worthless. Is that what it comes down to? Hey, good afternoon. Yeah, that's right. CEO of JPMorgan, Jamie Dimon, speaking out this afternoon at the institute of international finance, saying again that he thinks that crypto is quote unquote worthless. And Bill Gates, here on Bloomberg. I do think people get bought into these manias who may not have as much money to spare. So I'm not bullish on Bitcoin and my general thought would be that if you have less money than Elon, you should probably watch out. Those are all detractors of Bitcoin. Mostly in terms of how it may perform financially in the long run. But there are others, like former Facebook executive and venture capitalist Paula Tapia. Look, I'm a disciple of Buffett and munger. And one of the things that they have said for years, which I believe is you define a circle of competence and you stay within it. And I think it's been clear in his entire investing career that technology is not in his circle of competence. I don't think he looks at it as a technology. I think he looks at it as an asset class that he would put in the similar class with gold, just it's a non productive asset. It's an asset that is only worth more if other people agree to pay more for it. That's the type of issue that which I also agree with. I think it is exactly that. I think it is a replacement to gold. A Buffett and munger disciple, who says Bitcoin is a replacement to gold. Here's investor Anthony pompliano on the lex clips YouTube channel. So let's just look at it from a macro perspective. Gold is a $10 trillion asset. And when you compare the technology of gold to the technology of Bitcoin, Bitcoin is superior in every single way. It's more portable, more divisible. It's more verifiable. It's more scarce on everything. And so some people would argue it's a ten X improvement. Some people argue it's a hundred X improvement from a technology standpoint. And so we don't need Bitcoin to actually capture the full ten X or a hundred X improvement from a market cap standpoint. If Bitcoin simply captures two X, the value, be a $20 trillion market cap, which would put Bitcoin at about a $1 million. So is Bitcoin a good thing or a bad thing? Is it a passing fad? Or is it here to stay? Will it be worthless in ten years or worth a $1 million for just one coin? The only of these questions that we may be able to answer is that it doesn't seem like it's going away anytime soon. I do think crypto is here to stay at least in some incarnation. And because of that alone, I mean, it's worth digging in two more, continuing to understand all the benefits that it brings, but also all the drawbacks as well. And even if you're the biggest crypto superfan, maybe this episode can help inspire you to make the crypto world a little better and do your part in helping solve some of these challenges that do exist. I mean, who knows, right? If you do that, maybe that helps you get closer to that $1 million per coin level. As they say to the moon, did I say that right? Yeah, something like that. So we'll be back next week with more from the season called antitrust here on rocket ship FM exploring the good, but also the breakdown of trust we have in technology today. For Mike belsito, I'm Michael saka solo. Thank you so much for listening to rocket ship dot FM. It is your support that keeps the show going. If you can take a second and leave us a review wherever you listen to podcasts that helps out the show so much. We're also part of the pod network and if you'd like to listen to more great shows from the pod kilometer, go do the hot glamour at dot com to see the full show listings. Rocket ship FM is produced in partnership with product collective, a community for product people, who to product collective dot com and get access to our weekly newsletter, live video interviews, slack community, product job board, and a whole lot more. Again, just go to product collective dot com..

Bitcoin Jamie Dimon JPMorgan Yahoo CNBC Jennifer schonberger institute of international fin Stefan Paula Tapia Charlie Munger Buffett Berkshire Hathaway Anthony pompliano Mike Elon
Regulators Ask Congress to Create New Rules for Cryptocurrencies

AP News Radio

00:49 sec | Last month

Regulators Ask Congress to Create New Rules for Cryptocurrencies

"The bike mid ministrations asking Congress for legislation to strengthen the government regulation of stable coins a popular form of crypto currency the treasury department and other regulators want new oversight for stable coin issuers including a requirement that they become banks putting them under a regulatory umbrella subject to rules surrounding sufficient cash reserves and measures to prevent money laundering stable coins are a type of cryptocurrency peg to a specific value usually the dollar or another currency or gold that limits fluctuations in value like those of bit coin and is better suited for business transactions there are more than two hundred stable coins were nearly one hundred thirty billion dollars a

Treasury Department Congress
China Intensifies Hunt for Cryptocurrency Miners in Hiding

The Breakdown with NLW

02:25 min | 2 months ago

China Intensifies Hunt for Cryptocurrency Miners in Hiding

"When the history books are written the actual factual mining ban in china will be a key. Part of the crypto story of twenty twenty one. Remember the first rumblings we got about. China targeting crypto in may we sort of brushed off as more bluster and reconfirmation of old policies. At first it was just the banks reinforcing that they weren't allowed to interact with crypto. And so on and so forth but that ultimately changed and when it changed was when the vice premier made a statement saying that they were going to look into a bitcoin mining ban that signaled to all of the local provinces that this was serious and it also signaled that to the local mining operations that we can we saw one of our biggest drawdowns coming off of the rally between december and april and part of that was that minors were actually liquidating their bitcoin and the theorem to try to give themselves mobility to make decisions quickly. Subsequently of course we've seen one of the most significant if not the most significant hash rate migration in bitcoins history. Much of that has been to the benefit of north america. So far but that as we'll see in a minute could change in either case. The blocks will fees. How has a new report out about how provincial governments in china are dealing with the ban in inner mongolia the development and reform commission has hired a contractor to help it monitor for illegal mining operations. This is interesting because there are reports that some chinese bitcoin and the theory of mining operations have quietly even secretly resumed their operations. This partnership with the contractor suggest that the government is going to stay on the case now one interesting nugget from the bidding process is the government's ten bullet list of the areas that it wants to know about which includes the production and development process of crypto mining domestic and international policy stances and regulatory environment over crypto mining. The initial purpose and policy perks that inner mongolia gave to big data and cloud computing enterprises the cost revenue energy consumption and taxation breakdown of crypto mining operations locally the physical distribution breakdown of krypton mining operations locally techniques for differentiating crypto mining operations from other big data and cloud computing projects analysis of mainstream mining hardware and their energy consumption breakdown relevant legal basis for clearing out crypto mining operations the impact of shutting down mining operations on achieving the carbon neutrality goals and long-term regulatory responding mechanisms over crypto mining operations

Development And Reform Commiss China Mongolia North America Government
Equity Monday: Women's Employment Drops

Equity

01:36 min | 2 months ago

Equity Monday: Women's Employment Drops

"Goal. Stock markets are mixed. Asian markets are on the rise. Europe markets are slightly down and the us stocks were somewhat fought value of crypto currencies. Kind of looks the same. We saw some tokens and cryptocurrencies off. A few points this morning but not enough to start an entire twitter debate. The mixed feelings could be due to a lot of things first. Traders are back from the kitchen and analysts. Always have a ton of thuds. Some people think it's inflation some set. It's an upcoming european central bank meeting. But what i want to focus on is a less than ideal jobs report ready. Let's go. I'll start with the good news. We learned that in august overall unemployment declined to five point. Two percent from july's overall employment rate of five point four percent zero point two percent but i will take it because that represents a lot of people that now have paycheck coming in to their mailbox. That's kind of where the good news stops. Though this report we learned that the us economy added only two hundred thirty five thousand jobs in august which was a sharp drop from analysts expectations. But even looking at july's total which was nine hundred forty three thousand jobs to make matters worse fortune actually dig a little deeper and looked at the national women's law center. They say that women only accounted for eleven point nine percent of those jobs in august again. If you look at july women were sixty eight point eight percent of the new jobs. It's your reminder that we aren't back to pre pandemic level employment and that women are disproportionately leaving a now reentering the workforce at alarming rates.

Europe Twitter United States National Women's Law Center
Bitcoin of the Realm: El Salvador's Experiment

The Economist: The Intelligence

02:04 min | 2 months ago

Bitcoin of the Realm: El Salvador's Experiment

"El salvador today a world first. Bitcoin becomes legal tender. It's a personal campaign for president. Naib kelly who says the move will help both economic development and inclusion of the country's unbagged generally jobs and help provide financial inclusion thousands outside the formal economy that will take some convincing both the world and the imf have warned against the move worrying about economic stability and the cryptocurrencies notorious environmental costs. Many salvadorans aren't keen. Either at have protested against the policy and when nelson who writes about el salvador for the economist went out in the capital san salvador. He found plenty of people who simply weren't ready for store. Owner catalina tzavela said. She wasn't preparing for what's being cold day because she doesn't understand it she reckons. She'll eventually catch up as she did. Twenty years ago when the country made the us dollar the official currency him modest bit on that set some though or embracing the change. We've got one just outside san salvador. A store run by adela of and daniel has been taking bitcoin for months selling mostly to foreigners so she walks nelson through a purchase. The wall street correspondent. Alice fullwood says it's a bold experiment from a millennial leader with a growing reputation. Both good and bad for shaking things up three months ago. The president of el salvador ni- kelly announced at a bitcoin conference in miami. That el salvador was in the process of writing a law. That would mean. Bitcoin was accepted as legal

Naib Kelly El Salvador Bitcoin San Salvador Owner Catalina Tzavela IMF Nelson Alice Fullwood Adela Daniel El Salvador Ni United States Kelly Miami
Dangers of Data Collected in Afghanistan

The CyberWire

01:47 min | 3 months ago

Dangers of Data Collected in Afghanistan

"The taliban seizure of hide that's hand-held interagency identity detection equipment biometric registration and identification devices aroused concern when it was first reported but the risks of that loss while real seem likely to be limited. Mit technology review argues. That a more serious matter is the insurgent government's acquisition of apps the afghan personnel and pay system used by the deposed governments ministries of defense and the interior. A great deal of data was collected in apps. Technology reviews sources tell it that each profile and apps contains at least forty data fields quote. These include obvious personal information such as name date data birth as well as a unique. Id number that connects each profile to a biometric profile kept my the afghan ministry of interior. But it also contains details on the individuals military specialty and career trajectory. As well as sensitive relational data such as the names of their father uncles and grandfathers as well as the names of the two tribal elders per recruit who served as guarantors for their enlistment and quote this amounts to a catalog of community connections with anyone whose name appears in a profile flagged as connected in some non trivial way to the subject of the profile. And unfortunately there are signs that the lists are being used in head hunting searches for personnel. Who served in or otherwise connected to the former government's military services apps data was unprotected by retention or deletion policies and was presumably seized intact.

Afghan Ministry Of Interior Taliban
Tennis Superstar Naomi Osaka Has a New Interest: Cryptocurrencies

Bloomberg Businessweek

00:40 sec | 3 months ago

Tennis Superstar Naomi Osaka Has a New Interest: Cryptocurrencies

"The growing rage around Cryptocurrencies has captured the attention of the defending U. S Open champion has been exploring where she can invest in the space. Part of her interest was brought on by all the noise around does coin the digital token that became famous for being the first? Mm coin to start out as a joke? Here's a little bit of a quote. I was actually just talking with my agent about Cryptocurrencies, she said in an interview last week. This is a quote. I know that online. Everything is getting bigger. I remember reading about does coin. There's going to be something new and interesting. That's going to pop up. Massocca said. The continuous stream of conversations around Bitcoin especially on our Twitter feeds doctor interest even before her agent approached her with the idea to invest. You

Massocca Bitcoin Twitter
Crypto Industry Unites to Lobby Washington

WSJ Tech News Briefing

01:43 min | 3 months ago

Crypto Industry Unites to Lobby Washington

"What do elon. Musk ashton kutcher. And jack dorsey having common. Well they're all cryptocurrency. Investors who over the last few weeks have joined together in a new lobbying effort pushing the senate to drop a provision from the one trillion dollar infrastructure. Bill that would strengthen tax enforcement for crypto transactions now investors in digital currencies and the companies that work in the industry typically haven't formed a united front but as government officials in regulators. Turn more active. I on the market. The industry is coming together to push for changes. They feel will help their industry joining us to discuss how these efforts are unfolding and what the industry might be looking to accomplish. Is that reporter julie by koets. Hi julie hi you know. The crypto currency market has been around for about a decade now. What lobbying efforts have been made in the past so there was an effort to do some education around twenty fourteen and that was mostly focused on bitcoin in fact bitcoin enthusiast setup a bitcoin foundation that was sort of their leading public policy advocates The problem there was as they were trying to persuade lawmakers and regulators that there was more to bitcoin than just what they'd heard about silk road and illicit financing human trafficking all the bad stuff associated with crypto currency. The foundation itself was facing all sorts of internal turmoil with personnel changes. Different investigations going on so that first effort just never really made much traction in washington they never really got it off the ground despite their

Musk Ashton Kutcher Jack Dorsey Elon Koets Julie United Front Senate Washington
Circle Wants to Become Chartered Crypto Bank

Techmeme Ride Home

01:11 min | 3 months ago

Circle Wants to Become Chartered Crypto Bank

"Circle has announced it intends to become a bank fully regulated by the federal reserve. Occ and fdic. Which could make its us. Dc stable coin a defacto central bank digital currency. It's a bit arcane. But this could really be a huge deal. Quoting axios circles. Dream is to become a narrow bank one that shoes fractional reserve banking entirely and instead places all deposits on reserve at the central bank. Only banks can open accounts directly at a central bank which credits them with pure money in circles case the depositors would be holders of us dc and the collateral backing up us dc would be the money on deposit at the fed. Circle would pocket for itself the interest that the fed pays on bank reserves if the dream were to become reality than circle with effectively be issuing a cryptocurrency backed by the fed itself for all intents and purposes a central bank digital currency or cb dc. If circle was allowed to do such a thing then presumably other banks would be too and they would rapidly start competing with each other to pass through most or all of the interests that the fed pays on reserves.

FED OCC Fdic
Lionel Messi's Paris Saint-Germain Deal Includes Cryptocurrency Payment

Daily Tech News Show

01:41 min | 3 months ago

Lionel Messi's Paris Saint-Germain Deal Includes Cryptocurrency Payment

"Apologies to the sporting savvy out there bear with us. But for those who don't follow football. You should know its biggest star argentinian. Lionel messi just left the club. He's been with for most of his career barcelona to sign a two year contract with paris. Saint germain often referred to as ps g. And that's how we'll continue to refer to them here why you may ask. Are we telling you this. No it's not an attempt after our previous victory and interesting nate and sport during his last appearance to make him love the beautiful game it has to do with. Nfc's you see big. Sports stars get paid big money and just the welcome package that gave messy was worth twenty five to thirty million euros. I would like a welcome back like that. It included some. Ps g crypto currency. Fan tokens from socio dot com. These tokens let fans hold them. Vote on some minor decisions regarding the club. Like what song is played in the stadium during warm ups or the message. That will be on the captain's armband for example. So ceo's dot com says. The sale of the tokens has generated close to two hundred million dollars for its partner clubs this year. They've got a good half dozen or so Partner clubs and of course fans who buy them and then try to sell them for more than they paid them for them. And there's a brisk business in that trading volumes before messy signed with. Pse reached one point two billion dollars so giving messy a bunch of them gives him a volatile asset that he could potentially sell for millions. And these things are benefiting. Ps as well the ps fan token generated thirty million euros in sales this past week and it's estimated. Ps g keeps about half of that. If not more

Lionel Messi Saint Germain Barcelona Nate NFC Football Paris
Bitcoin and Bidens Infrastructure Bill

Reset

01:58 min | 3 months ago

Bitcoin and Bidens Infrastructure Bill

"So. When i hear infrastructure i think of roads and schools but biden has made the argument that tees investing in human infrastructure so that might include childcare paid leave. Maybe free community college but cryptocurrency. How does bitcoin tie into all this and definitely a strange thing to include in an infrastructure bill for sure But when you're trying to pass a big bipartisan trillion dollar bill paying for so much stuff in the country. There's a lot of people who are asking. Well how are you going to pay for it right. And that was one of the reasons why cryptocurrency was included. These new tax reporting requirements would raise an estimated twenty billion dollars according to some of the senators to offset some of these infrastructure costs. Twenty eight billion dollars is not a small amount of money and it is a very pricey bill but what was it about the original language in the bill that raised alarms right so it wasn't the fact that there'd be heightened tax reporting requirements. It wasn't really. You know the total essence at the bill that it was a definition of the word roker and the way that it was worded was a little too vague for some senators. Especially senator ron wyden. Who feared that. This of broker would end up extending these cumbersome packs reporting requirements to while developers and also cryptocurrency miners. And why does the crypto community argue that developers and minors should be exempt from reporting requirements. Well they're not really making any transactions right there mining cryptocurrency themselves. They're you know creating the wallet. Infrastructure for these transactions that. Take place but it's not necessarily a transaction and of itself right. We heard lawmakers making that argument on the senate floor this week. The underlying text of this bill would impose this kind of transaction reporting requirement on crypto transaction validates. These are the people that are building out the blockchain by validating a transaction they would be obligated to report things like a name and attacks. Id number associated with the dollar amount. They don't have that information

Biden Senator Ron Wyden Roker Senate
Cryptocurrency Heist Hacker Returns Stolen Funds

the NewsWorthy

00:40 sec | 3 months ago

Cryptocurrency Heist Hacker Returns Stolen Funds

"Hackers pulled off one of the largest crypto highs ever this week and then within hours. They started giving the stolen funds back. The heck happened at a decentralized. Finance platform called pauling network. The cyber thieves stole more than six hundred million dollars worth of digital tokens on tuesday. An anonymous person online took credit for the heist saying they did it for fun and to expose a vulnerability in pauling network system about a third of the stolen crypto currency was returned yesterday and more could still turn up experts. Say it's possible. The hacker decided to return the digital money because cryptocurrency exchanges are easily tracked on the trading platforms. That would have made it much harder for the hacker to actually cash in on the stolen

Q&A: Is Bitcoin Bad for the Environment?

Money Rehab with Nicole Lapin

02:27 min | 3 months ago

Q&A: Is Bitcoin Bad for the Environment?

"I'm thinking about investing in bitcoin. But my sister told me that crypto is bad for the environment. Is that true. But i thought crypto is digital. So how is that possible. I know right. Crypto currency is entirely digital currency. So if it doesn't exist in the physical world how could it be affecting the fiscal world. It's a concept that can totally make your head spin but we have to study ourselves because it's one hundred percent true cryptocurrency is digital. I'm not gonna rock your world and tell you that there is a pot of dougie does coin at the end of the rainbow. The only way you're going to be holding dougie gone in your hands is if you come over to meet my dog coin penny and you can follow her at dougy cohen on instagram. Halfway so even though the currency isn't physical it is made by physical systems. And that's where the environmental impact comes in. Let's double click on bitcoin for a second because it's one of the least efficient cryptocurrencies to manufacture. And it's also been researched. The most thoroughly so there is belenky of data on the effects of its production process and here on money rehab. We do let us some data. So let's talk about how. Bitcoin is made we touched on this in our episode on. Nf teas but i think we're due for a refresher. Bitcoin is created in a process called bitcoin mining. But i promise you. The process of bitcoin mining is not what you might think of when you picture traditional mining when you think of mining you're probably thinking of well a mine with hard hats and caves and canaries but bitcoin mining doesn't happen in a mine. It happens on a computer and this is the interesting part of bitcoin. Anyone can mine. Bitcoin and you can do it from anywhere in the world so long as you have access to a computer that makes bitcoin completely different from government backed currencies like the. Us dollar. nick sherry. Note here if you want to impress your friends. The financial term for government backed currencies is fiat currencies. Okay back to bitcoin mining. Can you imagine if anyone could print dollar bills. Only that but imagine that you could just print dollar bills and do it at home. Without getting out of your. Pj's if this was a thing. I would do it. I wouldn't you so. Why isn't everyone making mining bitcoin.

Dougy Cohen Bitcoin Dougie Nick Sherry United States
Clay Clark on the Bill Gates Patent Number and Its Relevance to COVID-19

The Eric Metaxas Show

01:39 min | 4 months ago

Clay Clark on the Bill Gates Patent Number and Its Relevance to COVID-19

"Folks talking to clay clark. He is the person who organized the reawaken america tour. Clay you sharing some stuff. You talk fast. I want my audience to get what you're saying because this is it's a lot for people to take in. There's there's a real learning curve on this stuff and it's it's it's tough to hear some of what you're saying so tell us about the If it's important about the cryptocurrency. Because i don't get that kept ownership will get this. Okay so the word corona mathematically is six six six. Okay numerically fan. You said that might be. What's the was these statistical probability of that. I don't know the you look up. The bill gates patent w zero two zero two zero zero six zero six zero six. Just type it into google or duck duck. Oh and it is a human body activity associated. Abstract says human body activity associated with the task provided to a human user may be used in a mining process of cryptocurrency. A server may provide a task to the device of a human user which is communicated ably coupled to a server a sensor communicating coupled or to compromised in the comprised in the device of the user may sense body activity of the user. Now gets fun. body activity. data may be generated based on the body activity. User the crypto currency system communicate ably coupled to the device of the human user may verify if the body activity satisfies wonder more conditions set by the crypto currency awards cryptocurrency. Thus make it pop making it possible for no man to buy or sell unless they had what you just said that i mean we can forget about the corona and the six six. What you just said is frightening.

Clay Clark America Google
With EIP 1559, Has ETH Become Ultra Sound Money?

The Breakdown with NLW

01:53 min | 4 months ago

With EIP 1559, Has ETH Become Ultra Sound Money?

"What's going on guys. It is thursday august fifth. And today we're talking about the ip fifteen fifty nine and whether it turns a theory 'em ether specifically into ultra sound money. I however let's do an update on the infrastructure bill where we left off yesterday. Was that a group of republican and democratic senators. Were coming together to offer. An amendment to the crypto tax reporting provision the goal of the amendment would be to specifically exclude non-custodial actors like miners from the new. Irs definition of broker as applied to the crypto industry. It's short so. I wanna read the whole thing but before we do i should also note that senator ted cruz also offered an amendment. His amendment would scrap the provision entirely. Which why think crypto would love to see most in find especially politically viable hence us focusing on the widened to llamas amendment. Here's the amendment. As written purpose to revise the rule of construction with respect to information reporting for brokers and digital assets and for other purposes on page two four three seven strike lines nine hundred twenty one and insert the following definition of broker. Nothing in this section or the amendments made by the sections shall be construed to create any inference that a person described in section six. Oh four five. C one d of the internal revenue code of nineteen eighty-six as added by this section includes any person solely engaged in the business of a validating distributed ledger transactions be selling hardware or software for which the sole function is to permit a person to control private keys which are used for accessing digital assets on the distributed ledger or see developing digital assets or their corresponding protocols for use by other persons provided that such persons are not customers of the person developing such assets or protocols so basically this is explicitly excluding validate irs hardware and software developers minors etc

Senator Ted Cruz Llamas IRS
SEC Chief Says Crypto Is Rife With Fraud, Scams and Abuse

The Dan Proft Show

00:35 sec | 4 months ago

SEC Chief Says Crypto Is Rife With Fraud, Scams and Abuse

"Commission, said that investors need more protection in the Cryptocurrency market, which he said is rife with fraud, scams and abuse. Gary Ginzler listed several areas where crypto needed to be reined in or regulated. There are areas which are particularly susceptible to money laundering, sanctions, tax collection and extortion via ransomware. Councilor has been viewed as receptive toward crypto currency and other new financial technologies after a stint as a professor at MIT, where he focused research and teaching on public policy and digital currency correspondent Jeremy Ellis

Gary Ginzler MIT Jeremy Ellis
How to Day Trade Crypto Successfully in 2021 - Regardless of Your Background or Experience

InPennyStock | Penny Stock Trader

02:02 min | 4 months ago

How to Day Trade Crypto Successfully in 2021 - Regardless of Your Background or Experience

"Hey guys mubarak have in penny stock copier doing well in this episode. I wanna talk to you guys about how today. Trade crypto currency right. You've seen a lot of people make a lot of money from it. And to be honest it's one of the only methods left in the kind of Financial market world where you can actually still win all right. The reason for that is because all of the other markets and exchanges you know stocks commodities gold silver forks foreign exchange options. They've pretty much been taken over by billion dollar institutions. That have too much money in software built in right. There's algorithm ick trading. There's other people's money involved than there is. Phd's from harvard wall street and pretty much. It's almost too competitive to kinda win. The markets if you're trying to compete on anything other outside of cryptocurrency right whereas with cryptocurrency. There's always these types of different cryptos and coins that are popping off. And you know the good thing is that they're open twenty four seven so if you just know the right strategies then you'll be able to get ahead all right so consider this as an intro to day trading cryptocurrency. And i'm gonna go over the pros the cons and at the end. I'm going to go over some very strategic pretty much strategies and methods for how you can succeed and where you should start as a beginner intermediate and kind of delve into it further. All right so you know day trading first of all what is it right and it's basically a strategy where people you know. The technical terminology means that you'll enter our trade and sell the same trade in the same day right so it's the opposite of the kind of warren buffett principle of buying holding. All right. now you can do that. With certain crypto currencies and certain stocks. But the thing with the buy and hold method is that it's a very passive type of

Mubarak Harvard Warren Buffett
PharmaLedger the Pharmaceutical Blockchain ConsortiumThe Pharmaceutical Blockchain Consortium

Insureblocks

02:21 min | 5 months ago

PharmaLedger the Pharmaceutical Blockchain ConsortiumThe Pharmaceutical Blockchain Consortium

"Our listeners. Who haven't yet you or heard you on insure blocks. Could you please give democratic deduction on yourselves perhaps Donna i thanks. Thanks for having us back for another edition. This is great My name's stanford same the domain architect for supply chain at novartis Looking at technology Evaluation and selection also on emerging technologies. That's where it goes to the block chain. And and i have another role. Which is the industry project leader of the farmer. Ledger project which focused on blockchain adoption in the healthcare industry. Excellent marco. yeah hi. This is margaret cuomo. I'm working to same group as dan but the with a little bit different focus. I'm part of what we call the plight. Technology innovation this team trying to bring in new technology into the into novartis in this case. I am focused on blockchain's responsible blockchain in new artists. And my second or other role in familiarize is be co lead architect for the blocker in cloud. Thank you both in his great. Avi bosa back on the show. So as he recalled the first question we all ask. Our guest is to define what is blockchain. But here's i'm curious to know how your definition may or may not have changed since our first podcast back in august two thousand nineteen. Dan do you wanna have a go at it. Yeah actually a. I've i've refined my blockchain definition a little bit and and and what i usually know or how i introduced. Blockchain is with the five days and mark just loves this definition but the five as stand for asset. We're talking about not. Just cryptocurrencies is assets but also add data or or or medicine products. Which can be exchanged on you. Know district distributed ledger technology. So blockchain's good for asset. It's good for audit. This is the immutability aspect that we can't change anything after it's been written to the blockchain very relevant for for our industry Automation so use of smart contracts to eliminate non value adding steps

Novartis Ledger Project Blockchain Margaret Cuomo Avi Bosa Donna Stanford Marco DAN
The Progressive Case for Bitcoin

The Breakdown with NLW

02:01 min | 5 months ago

The Progressive Case for Bitcoin

"This note from elizabeth. Warren sent gary. Gansler has the intended purpose. I think of figuring out what authority the sec thinks it has versus what authority needs to be within congress and the senate there is a lot of fluff and bluster in the main parts of the letter. That can leave no doubt as to how elizabeth warren feels about this. But the excerpt that i want to read are just her set of questions because i believe that those are the most pertinent pieces when it comes to what happens next to end her letter. She writes as the crypto currency markets. Continue to grow and expand a lack of regulation to provide basic investor protections is unsustainable the sec regulates national securities exchanges and crypto currency exchanges. That operate in a similar manner should be subject to similar regulatory standards to better understand the sec's existing authority to protect consumers and investors who participate in crypto currency exchanges and the potential need for congress to take additional action on these matters. I ask that you provide a response to the following questions by no later than july. Twenty eight twenty twenty one one. Do you believe that crypto currency exchanges are currently operating in a fair orderly and efficient manner. If not what problems says the sec identified that are associated with the use of these exchanges. To how did the characteristics of assets traded on cryptocurrency exchanges differ from those of assets traded on traditional securities exchanges do these characteristics warrant additional investor and consumer protections for cryptocurrency exchanges relative to those provided for traditional exchanges three. Describe the extent of the sec's existing authority to regulate existing crypto currency exchanges. To what extent has that authority differ from the agency's authority over traditional securities. Exchanges for foreign regulators have moved to restrict cryptocurrency exchanges in their jurisdictions in recent years while calling for international coordination to address regulatory gaps. One specific regulatory challenge may arise from the unique organizational structure of some global exchanges for example by finance one of the largest cryptocurrency exchanges in the world by trading volume is everywhere and yet based nowhere. The crypto currency exchange has processed trillions of dollars and trades this year as a transfer is digital and conventional money around the world through constellation of affiliates. And yet it has no headquarters

SEC Gansler Elizabeth Warren Congress Warren Elizabeth Gary Senate
"cryptocurrency" Discussed on Reset

Reset

08:17 min | 5 months ago

"cryptocurrency" Discussed on Reset

"An enormous amount of money in the world of billionaire philanthropy to fund india's kobe response but the lion's share of that you know over a billion of that came in sheeba enu coins for folks who do not know what i'm talking about. This is like a parody. It's a joke mean coin. That's i guess similar to does coin which may be other people for about And as soon as the money was donated. Because it's just weird illiquid currency the value of the coin of this sheba. You new coin plummets by about forty percent so what that ultimately means. Is that this nonprofit. Which expected it to have this. Massive donation still has a pretty big donation. But it's much smaller than it was before. And i think that's just sort of shows this weird world of crypto philanthropy where people aren't giving you know money backed bounded by uncle sam. They're giving things named after dogs to to fund code response. Do we know why he chose to give it in this sheila new coin and not even like a theory. Am or just like money. That's a good question. So basically the brief history of the shiba renew coin for folks who are interested. This was a a recently created crypto currency in the last few months and as part of a way to kind of keep the currency stable and maybe create some buzz around it. The metallic was basically gifted a ton of these coins for free he did make a number of donations and crypto currency including through a theory 'em to like give well which is a kind of a mainstream philanthropy worth about fifty fifty million dollars of that but to some extent was easier to give sort of this weird thing that doesn't really have any like traditional value because it was created you know just a couple months ago and he was gifted a ton of this for free so in some ways. I think the question is why not. Why not give away something that you got for free and isn't necessarily worth something really anyway so like he kind of got a nice headline for making this donation at least initially but of course he didn't pay for any of them the first place right. So what is going on with these. New crypto currency is a lot of people have heard of wright does coins. Sheva you new light coin. Like how many cryptocurrencies are there or just. How do these things even exist. I mean there's there's new ones by the day you know. I think a lot of people might be familiar with bitcoin. Right which is the kind of the traditional cryptocurrency. That's been around for a long time. But over the last years and really over the last few months have been sorta these fake currencies created seemingly overnight that have been pumped up by you know celebrities or by elon musk And you know currencies like you know the us dollar or you know the pound or the euro they fall and rise with market events or just random events so these have been very very volatile and doj coin has because created this whole host of millionare's would probably even billionaires even though these things are just like kind of jokes now crypto enthusiasts would say to my point earlier about the dollar and the pound and the euro like every currency is sort of a joke. Who's to say what's worth anything anymore. Right i to some extent emily. This thinks with what you've reported on kind of in the stock market where things kind of go up for random reasons right but certainly the shiba inu coin. And i guess these mean coins Are almost sort of in on the joke in a way that everybody knows that something. That has a sheeba enu as its logo is not the same as a us dollar but these things can still go up. Yeah all i do. Think it's worth noting and we are recording not the day that this is going to come out but this morning. Bitcoin went down by like thirty percent. Which is not something that happens with the dollar for sure for sure. Miss every cryptocurrencies flashing red. Today is it common to donate the cryptocurrency. Is this something that happens a lot. So it's increasingly common. I mean lots of wealthy. People traditionally donate appreciated assets for tax purposes to charity. If you have a lot of facebook stock facebook's doing really well you're going to occur this big gain rather than pay taxes on it if you donate it to your local food bank or local cove relief fund in india It's tax efficient strategy. But what's new. Is these cryptocurrencies. That have You know aren't taking over the role of charity but are becoming a bigger and bigger part of kind of the the nonprofit industry and the reason why these are especially attractive is just like you know facebook goes up. Bitcoin can go up and oftentimes sheeba enu coin or does coin or choose. Your coin is going to go up in in a volatile way. That is is probably more dramatic than facebook stock. So i think this is going to keep on happening so this is the way kind of around taxes also has well i think the phrasing is tax efficiencies. He has is the way that wealthy people describe this but yes it is certainly obviously The tax deduction is a major part of kind of traditional charitable giving our nonprofits equipped furthest to get donations in crypto. So lots of nonprofits have over. The last few years started being much more accommodating with bitcoin specifically you know i cover institution here called the silicon valley community foundation which is a big charity for tech billionaires and their assets when bitcoin was through the roof. We're going through the roof. Correspondingly and bitcoin is again as i mentioned a somewhat mainstream crypto where people can buy and sell authors liquidity. It's easy where things get. Complicated is with things like sheeba. Enu coin so what happened with italics donation was he gives a huge percentage of you know the total coins in circulation to this single nonprofit in india which is sort of spun up seemingly overnight. This is not like the silicon valley community foundation that's existed for decades and suddenly this nonprofit has on the one hand tons of money to do good to you know combat the kind of ghastly situation in india right now on the other hand they can't really sell all that right now and turn it into cash that you can use to buy ventilators rocks tanks or whatnot because so much of the cryptocurrency is now in this one person or one group hands right which like any kind of asset when there's a ton of concentration with one person if you start selling it the thing will tank so now. This sort of random nonprofit called the india cova crypto relief fund. I believe is it's full name has to play. You know almost like a monetary policy role in the you know assessing the value of you know. How much can we sell. How quickly so. I think the answer. Your question is i do think lots of traditional philanthropy is getting comfortable with crypto and in their business interest to do so are there with sheba. You new coin. No they're not. Why should we be paying attention to crypto billionaires donations. Is this something that you think. Maybe we'll see more of i do. I think there's just too much money here in you. Know i don't know whether or not crypto is the answer to the problems with american capitalism or if this is an economy that's going to sputter at some point but obviously there are just going to be a lot of crypto billionaires and i find the frequently. They're more idiosyncratic to be polite Than than your standard billionaire. They often are interested in particular niche areas. They have very kind of fun Hobbies very interesting charitable pursuits. So i think they're going to reshape. Parts of the charitable world and parts of the nonprofit road and perhaps even parts of the political world too. So we've got to pay attention. This is something that you got in a piece that you wrote about this that you know what counts is a real donation. Kind of just serves an asterisk sc and who decides and i'm curious if you've kind of had any further thoughts on that like does this. She enu.

india silicon valley community found facebook elon musk sheila Bitcoin doj sam wright emily us
"cryptocurrency" Discussed on It's All Journalism

It's All Journalism

04:19 min | 5 months ago

"cryptocurrency" Discussed on It's All Journalism

"You're you're using so for example there are the centralized exchanges on what they're providing a computer software that allows users to exchange anyone cryptocurrency for another. So i can buy the unicef. Token uni in exchange for the cryptocurrency east on. They can do that. On swap interacting directly with the smart contract of the descend drags exchange or. I can't lend my cryptocurrency to earn interest or i can put up cryptocurrency for collateral and take out a loan so like different kinds of financial applications. And then what you are using for. This is different cryptocurrencies that derive their value from the market. Like anything else you know. Their value comes from what fires on sellers are willing to to pay for these currencies in in the secondary market. And like how you value those than you know. That's a whole different kind of thing. That's kind of separate to like the actual use of these applications. So how you value can be. The currency set are being traded on use on these obligations will depend on each cryptocurrency so bitcoin has specific kind of use case. That's basically being digital goal kind of the safe haven in crypto the hedge against institutions against evaluating fiat currency while syria. Is this this fuel. That's to run the theory network than something like what i mentioned. The the eunice token uni is the token that's linked to a decentralized exchange so it really depends like there there's no one fundamental that's underpinning all. The thousands of different cryptocurrencies like others are just jokes. Like the doj crypto about became. Like very trendy. I recently that's just underpinned by emi month by elon. Musk tweeting about so. It really does depend on each kind of specific crypto. What's what's kind of driving. It's about him so the financial people figured out a way to put a value on on cryptocurrency in the way that they trade it in the way that they use it to you know secure loans or to purchase something or to represent something right. I think i kind of get it. You've written a book about a theorem right. How did that come about. Yeah i wrote the book the infinite machine. It was published by harpercollins last year. And so how that came about is the well it goes back to when i first started to writing about a crypto in twenty seventeen or the first story on crypto. That i wrote wasn't into thirteen when i was in argentina with bloomberg so i started my career bloomberg in new york with the internship find mentioned but then i was sent over to argentina to the window is office to cover markets there for four and a half years and it was in during this time that it will my first bitcoin story twenty thirteen and it was seeing how people in argentina were using bitcoin to protect against inflation and currency controls. Since then i was very interested. In in crypto. I just thought it was fascinating to have an independent currency that they didn't depend on on central vents or a romance or financial institutions. So after argentina. I went to to madrid with bloomberg on then to new york and in new york. This was twenty. Seventeen and crypto was blowing up on. I took the opportunity to write about crypto again. It was one of the few reporters covering the space during that boom. So at the end of twenty seventeen. I thought you know like this is incredible. What happened is like explosion. It was just like just crazy. What ahead witness in this very privileged place at bloomberg news. And so like..

unicef argentina elon doj syria Musk emi harpercollins new york bloomberg madrid bloomberg news
"cryptocurrency" Discussed on Mason Vera Paine

Mason Vera Paine

07:48 min | 5 months ago

"cryptocurrency" Discussed on Mason Vera Paine

"Mason vera paine. Many people are asking this particular question. What is crypto currency co founder and ceo of digital meant. Jonathon solomon is going to join me to answer this question and explain the ins and outs of. Nfc's thanks for joining me. Jonathan happy to be here mason. Tell me what exactly is crypto. Currency cryptocurrency is for the first time the world is able to have an asset that you can send or receive from somebody else and it is permanently out of the centers possession. It's it's basically email money and a lot of ways so it allows money to move efficiently. It gives people another option to pay their bills to pay their families over traditional financial services. It's really the internet of money. Okay so i get a bit confused because you hear the catchall word crypto currency but. Apparently there's more than one. How many types of crypto currencies are there so technically speaking tens of thousands of crypto currencies at this point. Although there's only a handful of them that people are really interested in that anyone is paying attention to and that if you were to go online and try to buy some that you might be interested in buying or investing into most of them have no value at all but about fifty percent of all value in crypto currencies is concentrated in bitcoin into okay. What about those coin. And did i say it right if you did i. At least that's the way i say it. I hear a lot of different ways but doj is the way i always have pronounced it but anyway doges interesting doj was originally a fork of another crypto currency called which wayne with four of bitcoin and the interesting thing about does is. It was really started as a mean coin. It was started as a joke. I believe the creator even his stated that he's not really a part of things anymore and this was all meant to be. You know a big prank on the rest of the world. But you know the internet. I gave it its own life. It's a life of its own. That's kind of the beauty with open source. Technology is that people can get interested in something and run with it. And you know all it took was a few tweets. From yuan wants to talk about it and now become a craze. People are really investing in buying doj going to the moon to the moon. So what's more important though. Because i also hear like the word blockchain but what's more important than blockchain or the crypto currency. Don't blockchain is the technology that really allows crypto currency. To be a thing you can have a blockchain without a folksy but you really can't have a crypto currency without a blockchain. I'm white claim they don't have a blockchain. they have some kind of leger. It's the same kind of concept. You know crypto. Bitcoin point these are the first killer app use cases for blockchain and really just as public ledger. Think of us shared spreadsheet that everybody can see. Except you don't know necessarily who's editing it like an anonymous giant spreadsheet and you can see who sending to who and money going in going out but at pseudo anonymous in the sense that you don't know who these participants are but what does it allows you to do is spend valued anyone anywhere across the world and they can trust that transaction because they can see this block chain. Ledger that okay. Somebody pays me and now they have that money unlike a credit card. There's no charge backs to once. You spend crypto currency used to say. There's no crying and bitcoin because if you make a mistake if you get one of those numbers or letters wrong in a in a crypto currency address and send it. There's no way to get it back. But what that allows you to do is pay somebody across the world and not worry about that transaction. Being very powerful concept doesn't involve you know getting a bank or a you know a wire transfer service involved. There's no intermediary party see. That sounds really cool. But then i think of the mistakes and i also think of the crimes. Wouldn't it be safer to be insured like to have some kind of crypto fdic. I think that you know those concepts are definitely regulators government or taking the book that i think that what they are saying that institutions like my own company digital men know. We're beholden to a whole lot of rules and regulations and the state and federal level. And as long as the you know the bigger actors companies in the space are following a set of established. Rules that can mitigate some of the scarier aspect the crime aspects of the at the end of the day. He's seen there have been a lot of bad criminals who've gotten punished because of this block chain ledger. I mean it's kinda stupid to commit a crime on the blockchain. Everybody can see it. That is kinda funny. It's like a glass house. We all can see what's going on inside exactly you can follow those from trails and again. It's pseudo anonymous. See you know. Jonathan a theory information. You don't see our names on there but if you go to the companies and say you know there's bitcoin or this theory and looks like it's purchased on bitcoin base or cracking federal and state. Investigators have gotten really a suit and figured out this technology and they know who you know how to ask the right question the bad guys day. So how do you get. Any of these crypto currencies. I mean i go on ebay. I see these mining rigs. Is that how you get cryptocurrency. Though i wouldn't recommend anyone by a minor on ebay unless you're interested to learn how at the currency minor might work in that case fine although make sure you're doing it from verified seller because there's a lot of Scammers out there but mining bitcoin or any other currency is one of the many ways you can get it. You can also a licensed exchange point based crack in you can go to a digital meant by atm and buy bitcoin there. But as far as mining goes mining is the process by which new cryptocurrencies are created. And so right now. It's not competitive for a private individual. The mind bitcoin or cook. Though i was doing it in two thousand thirteen. It was possible to do. Because you weren't competing for a piece of the pie with massive centers in china and the rest of the world. that are now mining cryptocurrency a little bit harder for an individual to get into it but otherwise. You're better off just going on a website. Licensed exchange or going to digital kiosk. Buying some yourself that way. So how is the value of crypto currency even determined is it based on market or is a lot of them on the stock market. The value of crypto currency is determined truly by market forces kind of like stock market. It's supply and demand. So you have you know groups of buyers group of sellers. That pool of who's interested in buying it used to be you know a bunch of nerds like myself back in two thousand thirteen or trading with a handful of people and now you have major financial institutions operating major trading pools getting in on the actions futures derivatives. There's a whole financial services market that has developed around trading as far as determining the price if these markets just like the stock market. It's going to determine you know there's a bid ask price and then there's a spot price and that's the market price of bitcoin now. I know we spoke earlier about black chains when it comes to an f. Ts is that using blockchain technology. Yeah are i would say the second killer app. If if currency was the first killer app usage of blockchain technology. Nfc's are definitely the second and what's interesting about you know nfc is if you're buying a cryptocurrency if you're buying bitcoin you really kinda betting on that coin. Technology providing increased value over time. That you know more people for example are going to be using bitcoin and the fact that more people are using the is going to make it more valuable you have this network with. Nfc's you're not really betting on the value of a protocol system becoming more value and people wanting to own a part of it. You know as a on the future without a teaser. Really betting on value of a particular collectible are and some people. Don't even buy them best to in fact they might buy it because they're interested in a particular artist creator edition of video games. And in that case you're not betting on a token that millions of people can hold your betting on.

Jonathan china nfc Jonathon solomon mason ebay tens of thousands of crypto cu two thousand thirteen second first time more than one millions of people one about fifty percent second killer first killer Mason vera paine once four yuan
"cryptocurrency" Discussed on The Unimaginary Friendcast

The Unimaginary Friendcast

03:47 min | 6 months ago

"cryptocurrency" Discussed on The Unimaginary Friendcast

"And they can join you on your mobile mining adventures. Drove me on. All david. And i are both in on a mining pie which hopefully will will go live in twenty twenty two cherry pie apple pie lemon meringue pie point one four five. Oh and then. There's a couple of coins that i That a mining you can join me on those two but Pie is the one. I think probably has the most legs some mind. Pie dot com. We have now aaron nathan. Will we be able to trick you guys into mining with us. Probably i'm intrigued. What's it cost to do that. It cost three dollars. Okay we give them three three dollars to me and gus. Oh wait a minute. I wanna i wanna seashell in return. Though if i send you wanna you know. I can point out this last comment before we move on here. Yeah i understand a little bit better so that's good. Thank you in parentheses. I do know. Gus has a great smile. Run me my is one edmonson and cbi travelers. thanks kept oguz. Any also says. I need a blunt and at nap doodo. This is the kind of what it makes you owe. Somebody likes her hair to tang an so yes unfortunately. We were not on facebook this week. We will hopefully be back when david's out of facebook jail. Yeah i have so many more questions. But i think i think crypto currency would be good for a series so many more things to ask that. We didn't get you that there that are essential for people but i think that you had to educate themselves and i think you gave them a good start. I think it's important for us to invest in pie and start eating more pie. And then maybe some of us can david aaron and i can learn a little bit more about cryptocurrency and do a sequel to this episode. Yeah knows crypto gusts. Some of our listeners need a nap and a blunt. So i feel like we need to do this in small pieces a lot to take in. So we'll do. That's what we'll do what we'll do. We crypto gas. We'll get into three of us. Get more into crypto. We'll do a little bit more research and a couple of months. Can we have you back. We'll talk about our experiences and what to do next and where to go and how to guard yourself and all that stuff you could not give guard yourself. Can you could make sure to not give us financial advice but kind of give us financial advice. Yeah crypto gus. I hope you're like your.

three dollars aaron nathan this week facebook david two three both Gus edmonson oguz twenty twenty two cherry pie a one aaron months dot com five Pie
"cryptocurrency" Discussed on The Unimaginary Friendcast

The Unimaginary Friendcast

05:42 min | 6 months ago

"cryptocurrency" Discussed on The Unimaginary Friendcast

"On trust all of the currencies around the world. I think we're a hard time because we don't have anything physical taken to our hands and we can't go get it like we feel like we can go get it in the bank dollars in the bank but we knew real that way and we have to realize that our money our all of our money. That's in the bank. Are banks use our money in ways. We have no idea and doing things. We have no idea with things. We probably wouldn't agree with either. Their assets our assets are being used. And i think that's the point of cryptocurrency. Right is to take out that fat banker. Who's doing things with our money cracks wrecked and and you know where your money is going but it sounds like this. There's still someone that's making money off. Your transactions or making money off our transactions but they can't use cryptocurrency to fund things. The money you have. Let's say you have ten thousand dollars in the bank and it's just sitting there. The bank takes that money and funds other things with it and then moves it around. It doesn't just sit there. But i think is using that money but as long as i get my money when i need it. Kinda doesn't matter right like i'll but they're funding things like anti abortion laws and fracking and whatever their their funding all kinds of things and taking down the trial. They're funding things that you might not want to happen in this world. Well i'd like to challenge you please. To go to the bank tomorrow right and ask them to close out your account and give you the cash. Well that's not going to be a problem. Because i don't have much money in the bank. You might be surprised about how much little money they have. And how and how very unwilling they are to give you your. I don't can't really speak to how i know this but you're absolutely right about that..

tomorrow ten thousand dollars
"cryptocurrency" Discussed on The Unimaginary Friendcast

The Unimaginary Friendcast

05:50 min | 6 months ago

"cryptocurrency" Discussed on The Unimaginary Friendcast

"A big big A big push right now. In the in the crypto space is a decentralized finance and that sort of where your money is is working for itself and is actually being put towards Like loans in end Borrowing and lending and things that are that are normal. Bank would do. It's it's for you know it's people driven. It's a community that does it. There's no there's no bank. That's taken a big slice of the pie. You're not getting zero point. Zero four percent interest on your savings account. You know you're getting if you're putting certain tokens and you're getting two hundred percent. Ap y on your investment because there is no bank sucking out all the everybody's money that's where my next big question comes from so you put money into some space and you buy some cryptocurrency and then you want to cash out. Who's giving you that money like. Who's you wanna cash out and get like american currency back. Where is that money being stored and who's it back to you and lots of exchanges out there I would say they're the ones that i use our coin base and by nets and they will give you your back into your account. Okay but they are. They taking a cut of that. Oh yeah okay okay. This is a good good port or place for me to answer this question which is for me to explain my bitcoin experience so coin base. Yeah you mentioned that. It's a looking at yeah finance. So there's these exchanges where you can go the platforms online. Basically where you can sign up. They do the kyc. Where know your customer. You give them some information about yourself whether it's social security or whatever. This is where you connect your card so that you can pay into the system to buy bitcoin or whatever coin or whatever you're going to buy so my experiences. I've heard about bitcoin in cryptocurrency. For a long time. I've never purchased any people who have Purchased a lot and done well with it and some people who haven't done well but So i would say was maybe two weeks ago right before elon. Musk was on saturday. Night live and doj coin was like getting all the all the rage like. There's a lot of news about that right. People were talking about how much because it was like you know point like two cents or something at one point is like nothing and then it jumped right and it was so i was like i'm gonna buy join coin. Base signed up on coin boy actually signed up on coin base for something else entirely someone who is selling an nfc..

saturday two cents Musk two hundred percent two weeks ago Zero four percent one point elon zero point american bitcoin
"cryptocurrency" Discussed on WTMJ 620

WTMJ 620

02:34 min | 6 months ago

"cryptocurrency" Discussed on WTMJ 620

"Cryptocurrency is a great way for criminals to launder funds, as we don't know the true source and the use of those funds. Yeah, Not only is Cryptocurrency risky, It's hard to manage. You need a wallet company. Like a coin based to manage your crypto. What happened to technology making things easier? All right. So you got that side then I have a text here quipped always the currency of the future and here to stay. Companies need to improve their cybersecurity and government needs to start cracking down hard on hackers. Well, number one. I agree that you know, companies need to improve their cyber security. Number two. I agree. The government needs to start cracking down hard on hackers, whether Crypto is the currency of the future, and it's here to stay. I think the jury is still out on that, mate. Maybe that is actually a case. Or maybe Cryptocurrency is going to turn out to be the don't know that the Beanie Babies of 2021 Except without the actual Beanie Babies. You get that reference, right, Melissa, you get the reference. I never understood. Beanie Babies never owned one and never will. Right. Beanie Babies was this incredible fad and Beanie Babies in and of themselves had no intrinsic value. Other than that, it's the Beanie Baby. But people were paying exorbitant amounts of money for the Beanie Babies and and it went up and up it opposite long. People were bidding on this. And then finally, somebody woke up one day and said, Why I waited with all this and then then Beanie Babies. The bottom just fell out. I happen to think crypto currency is the Beanie Babies of 2021. But I and I admit I could be wrong and there are There are there's a lot of people who've invested in it. And so they have Ah, vested interest in wanting to see it go up. You know, they thought they bought crypto currency. They bought Bitcoin. And so they're they're invested in wanting to see. Okay, the value of their interest. Go up and I I'm not wishing the mill. I'm just saying, I don't know we'll see how it works out, Okay? 1 33. Let's go to the Wtmj breaking news center. Here she is. She's anti Beanie Baby or Not really. Melissa Barclay you Jeff officials are now saying eight victims were killed in a mass shooting this morning in San Jose, California. Let's get the very leading latest from ABC News. Multiple people are dead multiple people injured after a shooting at a transit facility in San Jose, California. Santa Clara County Sheriff's deputy Russell Davis.

Melissa Melissa Barclay San Jose, California Russell Davis eight victims 2021 ABC News this morning Santa Clara County 1 33 Jeff one day Multiple people two multiple one
"cryptocurrency" Discussed on New Equals Reason

New Equals Reason

03:30 min | 10 months ago

"cryptocurrency" Discussed on New Equals Reason

"You had to think about that some of these taxes. If it's like you're getting taxed like house property a lot of people have bought it. Don't even have a house. Don't even understand how house taxes work house taxes. Most of just one check at the end of the year comes a mail light. You don't even know how much it could be ak go up one year. It could go down one year. It could triple one year. You wouldn't even know because i'll own the area. It which is saying. I hope people get to understand more about the possibility of these taxes before they buy in the only thing. I heard that you would be taxed on our show on the phone. But i didn't read into detail is if i had bitcoin and i sold it to you. You would not be taxed. The only problem is you have to come up with an account. You have to have somewhere. I can transfer it to so you then have to put your information in to know that i sold it to you because if i sell it to you in i'm just holding for you. I'm still paying the taxes on it. So it's kinda like a weighty just keep getting people's information 'cause you would have to create an account put all this the fan on a it so they could be transferred to you and then your own the list or whatever they're keeping these names there so you're not necessarily text which that could change On bitcoin any of this stuff could change but the popularity is going up. You know there's people making money there's people that are really excited about it. There's people that are you know putting more and more money into it. And i don't blame them. You know if you could make a quick dollar and feel good about it. I know you're not doing anything illegal. Then that's always a good thing But just your research if you thinking about getting into your research if you already have for as if you file taxes and you don't put that on may from my understanding you will be getting a letter in the mail with a nice fine on it and i heard is not going to be To pretty if they send you these letters in the mail. It's something that i'm following I'll be talking about again in the near future and this year research and educate yourself on it. I want to thank you for tuning into my podcast. New equals reason. I'm host deschamp. Brown conversation is key to communication. So let's keep the conversation going into the next time..

one year this year one check deschamp Brown end
"cryptocurrency" Discussed on New Equals Reason

New Equals Reason

03:40 min | 10 months ago

"cryptocurrency" Discussed on New Equals Reason

"The common person the public people and make as much money as you can. If bitcoin were to go to a hundred thousand you're talking about the average person could walk away would profit of anywhere from.

hundred thousand
"cryptocurrency" Discussed on New Equals Reason

New Equals Reason

05:49 min | 10 months ago

"cryptocurrency" Discussed on New Equals Reason

"The taxes on it and when people who were getting unemployment from the us that didn't file taxes that maybe even bought some crypto or have crypto. You think about the taxes they're going to have to pay in may not even be thinking about it but for those who are just like. Oh i don't care really don't affect me You know you you probably follow him sites and keeping up with some Numbers as things. That's going on But there's one side that i like to use it's called coined market cap and it tells you re much is to it. Shows you the stock market of all the coins If they're going up if they're going down number one being bitcoin. Of course there's a new one wall street bits from my understanding this just a like a insider track on you know all the coins was coming out with new. Even though it's at a four hundred in eighty three dollars a coin right now. Economy came out a no way. I've been following this site for about a year. And i've never even heard of it and it just kind of popped up maybe a week or two ago and right now you got bitcoin just lab you know tracking update just went up to thirty seven thousand nine hundred eleven dollars. That's almost thirty. Eight thousand coin You've got pretty much. A lot of things are going up of the most popular. One you hear about from where i live is ripple salaries minna poplar coin. I know when. I first got into bitcoin. Inherent about it was trunk Me myself i bought by coining There's over in china that's their coin and it's one up everything pretty much look like. They're having a good day in bitcoin Everything's going up for the most part. That i see i know one is just making some headlines as dodge coin not familiar with that one but own coin market cap when you click on a coin. You're looking for what i like about it. Is it shows you. You know the history of the coin You know for about a year and all that you know month week day all time year to date and that's good information but what i really like. It shows you this attests ticks and it. She keep going down. It shows you where you can buy the coin what sites you can buy even puts it in order by being number one. of course that's pretty popular and it goes down talks about the actual coined and when you click on remorse tells you what dis point is. How do you mind dodge coyne. I'm just in dodge. Corn visits for all of them..

china Eight thousand coin four hundred thirty seven thousand nine hun thirty a week or one side first eighty three dollars two ago about a year number one one One minna bitcoin coyne
"cryptocurrency" Discussed on New Equals Reason

New Equals Reason

05:35 min | 10 months ago

"cryptocurrency" Discussed on New Equals Reason

"This is the podcast. New equals reason in the world or the unknown keeps us learning daily together. We journey until the new. It equals the reason to have a conversation about it. If we are plante good seeds today are food for thought for tomorrow will be plentiful for the future on this episode. I wanna talk about crypto currencies Most people know bitcoin. This the biggest one on the market right now but you also have three types aucoin. You've got bitcoin at theory coin in light coined a bitcoin being around the thirty thousand range right now is If you're hearing about it as pretty much. The big reason is The number it's one in such a short period of time about two years ago it was around fifteen seventeen thousand Which you're finding is a lot of big companies are putting millions hundreds of million into bitcoin and when you start getting that dislike the trade market you start to see increases from popularity and people put money in it and so you sam. Bitcoin go up there saying achot hit around one hundred thousand to two hundred thousand and when you got something they can go up to that number and no matter where you live your government's not involved in it and this is potential money you could be bringing home tax free They're not gonna be to let that go without them. Trying to get their hands in a bitcoin was post. When it was first made it was supposed to be A currency that didn't involve the government. Well as you know when you start making a lot of money on public sites like coin base and all that that's a business you have the government involved especially when they see Large numbers being sent through and other countries involved in right now we got the us getting involved in their releasing.

two hundred thousand tomorrow today first millions hundreds of million thirty thousand around one hundred thousand about two years ago three types around fifteen seventeen thousand one money
"cryptocurrency" Discussed on Recorded Future - Inside Threat Intelligence for Cyber Security

Recorded Future - Inside Threat Intelligence for Cyber Security

07:05 min | 1 year ago

"cryptocurrency" Discussed on Recorded Future - Inside Threat Intelligence for Cyber Security

"You know you mentioned your own <hes> I guess skeptical beginnings when it came to cryptocurrency as you're going through your own learning process, , can you can you sort of share that story with us of you you went through that from starting out <hes> having a Of Knowledge and it sounds like some skepticism to something that you really had a deep interest in well when I first started to think about bitcoin and I'm going to write this paper it was genuinely kind of a cookie thing to talk about Miami remember my roommate and graduate school kind of rolled her eyes when I said I was going to take on this project, , my professor, , my graduate school professor wrote it off a little bit as just being this. . I don't know exactly if we thought at that time that maybe it was just a bubble people are bored or just generally not taking it very seriously. . and. . That's what I went into it. . With the intention of thinking about that I had read an article about how it might take over as a global currency. . I wanted to see if I could apply game to definitively answer from our perspective whether or not. . That's possible. . And I went and started just educating myself on I. . The technical side of things how does the blockchain work Howard transfers validated? ? And what is mining house mining work and then once I had that kind of foundation not that you need that foundation but once I had it I felt more comfortable being able to think about whether how sustainable this ecosystem is and what it would mean for actually to become a meaningful asset. . Now, , I didn't answer whether or not I think what it would take to become global currency reserves but I or to become kind of broadly accepted broadly utilized. . Away similar to. . Gold. . But I did start to take it really seriously start I started to think after spending time educating myself in talking to people that there are some really legit technology behind this, , and there's actually also it's paired with. . A general interest by people. So . I started to think that. . It has potential. . And whether or not is going to get to that place of everyone talks about is not something even today I have a strong answer about, , but it's something that is interesting to continue to follow, , and especially when you're interested in in criminal activity when you start to realize the the power that this has in following criminal activities starting to be able to think about what does money laundering look like who are the biggest money launderers this is all transparent. . This is all hat registered <unk> on the blockchain. . You can answer some of these big questions that have been playing financial institutions for a long time. . You know I I remember that <hes> as the enthusiasm for crypto currency <hes> and the block chain really took off. . You know a couple years ago <hes> that it almost suffered from being a punchline. . You know like be it seemed you know there were so many organizations who are just using the words cryptocurrency and blockchain <hes> to get funding for a company or two as part of a marketing or PR kind of thing. . Is is that is that still lingering? ? Is that a challenge for those of you who are doing serious work in the space that it kind of went through that period of overexuberance I do still struggle with being taken with people understanding industry especially with family older family and friends who who don't understand. . I. . Mean those Thanksgiving conversations of like what's what's the Bitcoin? ? Just, , just there is still a lot of education that needs to be done I think of it like you don't explain what the technically is happening on the Internet every time you have to have a conversation on Internet about what the Internet is right now but you know we're kind of held to a higher burden at at the moment and I think it's because people are still proving use cases, , but it is a punchline and I'm excited I'm hopeful that that one day it won't be so. . The conversations won't be so much around people trying to be like, , what did I don't understand what it is it. . Seems like it's just a bubble and just kind of writing it off and feeling like people know that it's people people feel without much exposure to the space they know exactly what's going to happen with it and but I definitely see that with a certain type of. . person who I'm talking to but also other people are more fascinated by it. . I mean I don't see people at the dinner table asking about my friends working in finance as so. . So many questions <unk> with such interest. . It's also kind of a fascinating topic and I think that a lot of people even if they have this stigma. . They still find themselves fascinated asking more questions. . I mean I'm definitely the one interrogated the most of at the dinner table about what I'm doing in a way that you know my lawyer friends aren't asked about and so that interest I find to be Kinda cool. . You know it seems to me like there's this this contrast in that you know as you say <hes> blockchain has <hes>. . You know this record, , this immutable record, , which is part of how it works. . But at the same time you know the the criminals in the bad guys are using it because it provides a certain amount of anonymity for them. . As again as you say to do the money laundering, , I mean that to me that's an interesting tension between those two things in a both of which are true. . Yeah. . Yeah. . We actually working on a presentation called the paradox of cryptocurrency that simultaneously tries to address how these. . How both of these things can be true at once and I think crucial to that is just understanding technically what we're doing. . And just technically what we're doing is we're not demonizing people's use of crypto currency. . We use still go in download exodus wallet and it's not ever. . It's not going to be associated with who you are. . But what we're doing is taking advantage of this public record by associating addresses together in a way that can that can identify when one service is controlling many addresses, , and then we actually can see who those services are

Shane Allison Kim Groure Gardner head of research
"cryptocurrency" Discussed on The Trader Cobb Crypto Podcast

The Trader Cobb Crypto Podcast

04:41 min | 1 year ago

"cryptocurrency" Discussed on The Trader Cobb Crypto Podcast

"Of selling going on out there round the board. . With many projects down well, , well well, , and truly into the double figures <hes>. . Bitcoin. . The mock it's held its nerve the best we are seeing alt- revolt, , but I'm Ching. . Indefinitely in some very hefty, , very hefty falls in Dade on. . So these. . Markets out that up old is not lost. . Because, , yesterday in the try to cope community. . Yes. . In that community. . Managed to find a little short that. . Didn't scan of owning and. . It held Fridays and triggered and a whole host of McLaren that which is great. . It was on dragging index. . So de Gen-. . A pay so I pay a pay per. . Dragon PUP and. . Let me just tell you their award. . We got here so far. . Just tighten from a position here from the. . A Guy So wrought now. . is at just after nine ago filled. . On just shy of six to one. . So that means of a put a thousand bucks on not tried that is six thousand dollars I am now currently up now, , of course, , if I was to scale out, , I want to minimize my risk that still quite thirty five hundred US dollars. . Cayenne yes. . There has been applies to view stop-loss. . So this is the thing about tried and guys it some. . Way Of. Making . money. . Ought to have one hundred hates of tried lightly. . This one set up the rules perfectly. . So I, , took it. . Started to did a number of other people in this small letter, , the bank, , this morning released hedging themselves against. . So further down would have seen in the overnight session. . He's thing I'm investors well so yeah, I'm. , . To a haircut at the minute. . As Mark Foaling but it's okay because these markets move in the moving waves aren't there then they moving waves and dumb. . The wives is looking glow. . Short that way. . Let's talk about the topic now and say, , we're just we sorry say just where we <hes> ails is actually up five point eight percent. . Wow big move. . It was actually a <unk> more to tell you that I'm just looking at the child at the moment. . What it wasn't my just happened just chewed in on my computer but. . A short of a one, , four, , candle thirteen percent will tell you right now the from where Arpan to the high the dight. . We're looking at was up nearly twenty percent. . Eighteen percent. . Pulled back quite a bit. . It's the only one. . The top tennis currently bitcoins down two percents <hes> as I said the other day and I think it was not yesterday before. . So the long Bitcoin grinds. . The. . Milwaukee Saints Debated GonNa Full. . We have a bit of the a bit of a fool over not a guy just say anything here that. . Inspire is any concern. . Or sought -ment of bitcoin is very much during a very civil patton to what it did from of May <hes> through to the beginning will sort of the end of July. . Now, that , was a very sliced sideways. . Period. . So bitcoin, , those plenty of opportunities plenty of trying to be had on the all markets and we say that again now in good trends coming in. . The BITCOIN is consolidating. . It really is the market is in a consolidation. . It could be very boring banging from ten to eleven for a couple of weeks possibly even a couple of months like we did say back in my and it looks very, , very similar to back in for my period. . Mir's right now off the white and see how we got bitcoins down two percent ten, , thousand, , five, hundred, , , seventy, , four nothing really to speak of that. . A theory theorem full percent today three, , hundred, , thirty, , nine dollars and twelve cents having closing yet. So . of course, , we haven't got the end of the die but. . There is trend the reason that we interest exile pay. . This was a market always stalking yesterday <hes> thought except payloads, , Mabaso Radiating Austin date. . It did look really really us. . It was pulling back after NAS move higher now on that four outraged say anything there. . So it's going to be my list today, , but it is instill. . So it is still. . In a daily uptrend sitting at twenty four point full sense down two point five, , seven percent. . Bitcoin cash confuses ever

Milwaukee Saints Dade US McLaren Cayenne Mark Foaling patton Arpan
"cryptocurrency" Discussed on The Cryptoverse

The Cryptoverse

06:17 min | 1 year ago

"cryptocurrency" Discussed on The Cryptoverse

"One of the confusing things about exchanges is the the screen looks exactly the same no matter what market you're looking at. . The only clue as to what you're looking at is the asset pair listed at the top. . So the order in which the assets appear matters. . So when it comes to reading the numbers Ath Batiste. . Is Different to BTC e t h is essentially the same market is just looked at it from different points of view and we WanNa know which side where viewing from. . So where reading the market correctly. . So. . The first thing to know is the asset this listed I last cold the base asset and one is listed. . Second is called the Tim's asset. . So the base and the Thames. . When we look at the price, , it's a ratio between those two assets. . And because markets are constantly moving, , we need some kind of anchor something that doesn't change so that we can understand what's happening. . And this is accomplished by the based asset always being one unit. . So. . If we're looking at E. T. H. BTC market well, , I'm looking at one. . Age and its price in BTC. . If I then changed the market. . By clicking on the pair. . Let's say I change it to exit P. . BTC. . One Unit X. P. and its price in BTC. . So that's one ex-. . Priced in Bitcoin. . So to be clear. . The Thames Asset. . Is what the market is priced in. . Now switching markets is as simple as just did is simple as clicking on the current trading pack. . And then clicking on the market, , you want to change it to. . Add suggests that it's best to actually just type in the search box because this'll fill to the list and make it much simpler than scrolling. . So whatever you type in here. . It will filter down to just those assets that have the letters that you typed. . This relying you knowing the ticket symbol for the YOU WANNA trade though so If, you , know the name of the asset, , but you don't know it's ticker symbol has a tip for you. . You can go to coin market Cap Dot Com and you just set for it by name. . So let me set for truthfully. . So it is true flip. . And when you go to the page for the asset is says the name of the project that for and there is the ticket symbol right? ? They're. . So the ticket symbol for true it is T.. . F.. . L.. . Now, , the next thing you need to know is that assets may be priced in different assets. . So let's go back to bite on CNN and when I click on the trading day, , you'll know his here the top the rationally four Thames currencies or four Tam's assets to choose from. . You can be in be Biden's his own coin Bitcoin Alz, , and then USD. . For the sake of simplicity, , I would stick with Bitcoin, , BTC and the US dollar coins. . They're also the markets that typically have the most trading activity, , which is a good thing because when you play in order to buy or sell a Crypto, , you want it to be filled sooner rather than late. . You don't want to sit there waiting for someone to come in in a process that order. . said to be clear what is listed in this box depends on the Thames you have selected. . So here like like BNB. . All this stuff is only only coins at trade against being be if I'm on BTC tap, , then everything appears is only the stuff that trades against bitcoin and so on. . Now, , this is important because the set box is also limited to whatever tab you have selected. . So if I'm on the US Dullah Tab for example, , and then I put in the search box. . S. . Well, , I'm only going to see this edge results for IOS trading Pez against the US dollar coins. . The. . Good thing about finance and the search feature is that will I can leave the sandwich in there, , and then just click across the various tabs and that stays in the second books. . So I can see by doing this all the different things that IOS trades against. . Now if you enter the ticket symbol in the set box and nothing appears, , then that's most likely means that the asset is not even listed for trading on the exchange you're using. . So let's search for true flip again. . So we did T. F. L.. . Was the ticker symbol we just found out about. . and. . Well. . nope. . In this case Binz doesn't list true flip anyway. . This is also one of the things you can use coin market cap for when we go back to Komaki happy when you sit for an asset. . And Scroll Down does these tabs down here you've got charts and then you've got markets if you click a markets. . And then we scroll down even further. . You can see here true flip is only listed on one exchange, , which is q coin, , and it trades in two markets once against Bitcoin a once against if theory. . So it's a quick way finding out if the asset you actually want to trade is listed on your exchange on not. . In this case if I wanted to buy or sell true flip out after go and create an account with the exchange that's my only option. . Just to close off this lesson, , then drive at home. . Let me go back to the trading screen. . Unless load OBE. . yaas BTC SO CETERA Yeltsin the such books make sure on the Bitcoin Tab. . Click on it. . Make sure that the symbols at the top his BTC unlike I said Elliot, , the whole interface remains the same in it structure but the contents of all these various elements is now filled with information about your speedy see. . Now. . I'm GONNA break all this down for you and explain it step by step to gauge that point of crypto exchange mastery. . This lesson was just focused specifically on switching markets and showing that insight about the base and the Thames currency. . That's how we determine what something is priced in. .

BTC Thames Asset US Ath Batiste Chris Speaking Cap Dot Com Komaki CNN Chris Coney Biden Binz T. F. L Elliot USD Tam
"cryptocurrency" Discussed on Liberty Talk FM

Liberty Talk FM

02:13 min | 1 year ago

"cryptocurrency" Discussed on Liberty Talk FM

"Of the goodness of your heart. But because you do expect your neighbor to say Watch your back. You know, I I know that I'm on real good terms of my my neighbour who owns guns. I kind of like having a neighbor who's right across the street from he's watching my house anytime someone parks in my driveway who he doesn't recognise he comes over and tells me I kind of like that. And so I do what I do all my I sell them, You know, eggs from the chickens and whatnot, and we're good. We have good report. But yet it is a back and forth is not necessarily the good in your heart but out of the goodness of your heart, But it was like there is That's what community is community participation. And maybe I watch your kids and maybe you fix my car. Like who knows what you're good at what I'm good at, like, you know, hopefully are totally different. We had some sort of standardized. Unit of trade that we could use to help others and to be helped by others. Chicken eggs and fixing. So that is our kids to get my car repaired. I could just give them this sheet of paper is showing that I had contributed that amount are into the community like I literally, but I literally bought goat meat for ammo not two weeks ago, so well, that's wonderful when trades can work out where you do have a thing that somebody else needs. But that's where what are is describing comes And a handy having a medium of exchange like Cryptocurrency or gold backs or something like that is that's necessary because I don't necessarily want to watch someone's kids, but definitely don't know, but I'm willing to, you know, get some other job doing some other thing and contribute to society in that way. Maybe we'll get our chance. Maybe we'll come back after this year. Maybe maybe we'll actually know the names of some of our neighbors on our street that we've been spent. We've seen for the last decade. But we don't know this their first names clamoring. Thank you so much for the call. You know, I'm really bad about that. I happen to live next door to an apartment complex. I don't know the name of anyone who lives there. Yeah. How How often is what's the turnover there? I'm thinking about the house. I believe you don't need any of that city on welfare. It's probably high turnover would be my guest, but I don't know. Maybe they stay there forever. Well, there's a guy there with a don't tread on me. Flag that has been there for 79 months. Yeah. So I can't be too high. But anyway, I mean, I'm rarely there when I'm there. I'm just sort of.

Cryptocurrency
"cryptocurrency" Discussed on Download This Show

Download This Show

03:01 min | 3 years ago

"cryptocurrency" Discussed on Download This Show

"Our in studio with ride Johnston and taking Jones mock Fidelis my name and changing the tone in Tyler. Cryptocurrency, stay with me. It's boring. Confusing. But today, I have cryptocurrency direct from the land of ho- quotes. There is I strange new coin that is a Harry Potter themed cryptocurrency, and I couldn't talk about. Introduced me to green take the Shaw's. Unlike some other, let's say colorful, cryptocurrencies like selfie coin and pizza coin. The actually seems to be some good potentially associated with grain. Sorry. It actually comes off the back of an even more ludicrously named in code mimbo. Mimbo wimbledon. Which is actually the blockchain system that grin will live on. Sorry. It's cold mimbo b. The land of how he put that is a spell that one can use to silence people, which is good. If you won't to them from slinging spells at your now. Stay with me the connection here is privacy mock privacy, the idea of calling this mimbo is that a lot of blockchain blockchain currency such as bitcoin on actually as private as what people think they are even there. You're identifier is a string of numbers and lettuce earn as an address agencies can actually start to decrypt that fund out who you are and track all of your transactions. So the point of mimbo is to make that not happen. It's meant to be undecipherable silencing the blockchain. So this means you can't tell if I'm a dementia or a muggle shoal show. Mock thank you going on this that. So in terms mimbo is is the environment in which green will. Anything distinguishes grin as a currency from Cy. Bitcoin or a theory or anything of that night show. Yes. Just like to explain it. As though I am you'll grandparent because show genuinely speaking when it comes to cryptocurrency. I am confused then the main salsa difference actually is the blockchain itself, it's mimbo will than grandma one things that people a client of not happy about with potential of green is that there is no Kathleen it on like with bitcoin with as twenty five million coins actually on the blockchain, but what's interesting about it isn't so much the crypt or it's the blockchain itself. So mimbo the privacy aspect around it that it'll be untraceable allegedly. But almost more importantly is that there are already they're already cryptocurrencies do this Zad cash, for example, but they know private and then grain that's the other thing about this is that one of the biggest issues around bitcoin and a lot of blockchain. Cryptocurrency is that it uses an immense amount of Dada to verify..

Cryptocurrency Bitcoin Johnston Harry Potter Kathleen Jones Shaw Dada