5 Burst results for "David Bird"
CoinDesk Podcast Network
"david bird" Discussed on CoinDesk Podcast Network
"Moves. Tuesdays, top story. Coinbase announced today that it was opening its offshore crypto derivatives exchange. If you remember, this was announced some weeks back. There were going to be based in Bermuda, offering more exotic financial products that are currently available in the U.S.. We talked to premier David bird about this just last week at consensus. Also announced today, Gemini, the one by the winkle vibe twins, they're also launching an offshore derivatives platform. Again, to escape the looming prospect of further regulatory crackdown, all these U.S. crypto exchanges are a bit miffed that they can't offer the services that the crypto world demands of them. So they're going elsewhere. They're going offshore. We're going to talk about it here on the hash. Let me talk to let me talk to David. This phenomenon, what's going on? Is this to be expected? I think it's to be expected, but it's not clear to me exactly why we should have expected it. It's specifically, it's unclear whether this is a particularly real thing, or if particularly in coinbase's case, they might be doing a little bit of signaling for political gain because they are trying to make the case that the SEC's push recently and the alleged wider push to debank crypto company is in a sort of extrajudicial way is going to result in people moving important businesses offshore. And so here they are doing it, at least apparently. So they might be adding pressure to Gary gensler and other regulators at the same time that they are genuinely opening up a new revenue not necessarily a totally new revenue opportunity, but a revenue safety valve of backup that they will have in case things really go bad in the U.S.. Yeah, a lot of politics and business mixing up together here, I guess, my assessment. Yeah, David, I agree with you. You know, coinbase has been really public about trying to work with regulators. You know, they are registered in the U.S.. They are a public company and still the regulators keep coming for them. I think this is definitely a political signal, but it's also them diversifying their business because they don't know what's going to happen, right? They have a wells notice in front of them. They're not exactly sure what's going to happen next. And the fact that they continuously make public what's happening, I think I've said this before on the show shows frustration. When we go over to Gemini, there are another company that's been really communicative with regulators, right? Then they were sued by the CFTC. They were charged by the SEC, and now they're doing the same thing they're going overseas. I think it's interesting when we look at this and then we look at the Bermuda premier who was on the hash last week, who's also taking to the public stage and saying, if you are a company, like coinbase, like Gemini, come to Bermuda, our regulation is clear. It's very clear what you can and can not do in our country. And so I think everyone is taking advantage of this regulatory mess, we have in the U.S. right now, and it's kind of sad. I do wonder, though, you know, if U.S. citizens can access these products, some way, shape or form if the SEC is going to overreach and try and do the same thing they're doing here in the U.S. regardless of where these products are set up. Wendy? Yeah, I wouldn't have a comment on that because I am a law abiding citizen. I also pay all of my taxes, especially my crypto taxes. I actually overpaid the IRS for 2021, I believe. Anyways, that's either here or there there. I do think that this is kind of a nothing burger to see big giants like coinbase and Gemini kind of set up shop overseas. A very good friend of mine, Mark moss, he's always said he actually taught me this term. Go where you're treated best. Why would a business stay in the United States of America when there's no type of welcoming? There's no type of regulations. It's a very hostile environment to do business. So it makes, I mean, you guys have to understand too. And the audience is that coinbase and Gemini are their businesses. They are probably some of the most compliant crypto service providers in the United States of America. They're consistently registering their consistently working with regulators, et cetera. Why would they why would they just place all their bets that everything is going to get settled in the U.S. when it's clearly not right now? And even if it was, it's still going to take quite a bit of time for things to get absolutely sorted here because we have so much red tape and because of all the different types of entities you have to go through to get anything done. So I think this was a smart move business wide. It sucks for U.S. retail, sex for people like me, it's extra people in my community. But at the same time, go where you are treated best and hopefully the United States of America understands that, but I think we are too far gone for that. And I think it was Zack's hand that was up. Yeah, I wanted to focus on the business line question. I think it makes a ton of sense, especially in this market, right? Like we're in a market where it's really the crypto diehards. It's a survivors who are here still, right? We're using these exchanges. And these are people who love crazy stuff. They love Bitcoin perps. They love 5 X leverage. And that's what coinbase has long not been able to offer. So they're doing so by going offshore. You're seeing Gemini. They tried to do this in the U.S.. I think dating back to 2020, but they ultimately revoked their own application under the understanding that it wasn't going to happen. So now they're saying, okay, well, this is what the diehards want. This is what the people in crypto winter are here for. It's not quite that time where people new users are flooding onto these platforms to trade crypto. So you better be able to offer the products that the crowd are willing to toy with. And that's what coinbase and Gemini are doing here at a time when they need to, especially in coinbase's case, show to stockholders that people are actually using this thing. Let me squeeze in one last quick comment, which is there is a downside here. And I say this as a coinbase user, which people who know my history might be surprised to learn. Which is, once you have an entity offshore, that does at least in my mind raise risks for the company in the United States. So as somebody who custody is a not large amount of money with coinbase, I might be making more moves to not do that anymore because they now have this offshore entity, which does raise the possibility of activities going on outside of the purview of U.S. regulators and oversight. And so that does raise some slight concern. So I will just note that as a down a potential downside for the company's app. I like Jen's point before I throw it to her for the next story about whether or not if one user accesses this from the U.S. by way of VPN, Gary gensler is going to go get their asses. I'm very that was a very good point. Anyway, Jen. You said the a word. Sorry. Gary gensler hands. Just coming for ya.
Keep It!
"david bird" Discussed on Keep It!
"Tell us about this decision that you've made to write it in this way but the other thing that one everything was move on rose which is definitely a show that is on broadway. Currently i saw moulin rouge with our mutual fried matt whitaker. This is one of those things about being like a fan of broadway and like actors knowing everything that they put on the fucking stage eight performances a week right like you cannot deny that everyone is putting their heart into all of their work in like a show that sure but i don't think it's a i mean honestly time it's described to me the amount of songs that are like sandblasted into this show. Here's firework by the way i can buy now. That's what i call music for on my own time. I don't need to like go pay. But like i do have to say the suspense of whether or not erin today. What actually walk away with the aboard. When they could have feasibly nominated him he was the only nominee and then not giving him the award based on the sixty percent of votes. You need to actually claim the award which those stressful and yet then when he won. I was like wait. This is so boring so anyway it was like he was in a vice. That's about these. Awards is to sort of like i do think that the todi voted bodies should be shake it up because of like move on for be felt so vegas is specifically engineered for towards broadway and like yes you need a show like that to keep broadway charting the coins but all you had so many speeches with people all night. Big like imploring broadway to like do something that represents anybody else Just to see like every fucking award like in the musical category like to go to moulin rouge is a sort of like you're not even trying Are you you're not. it's though so lazy. Yeah i think. I mean just what you mentioned earlier idea that the nominating bodies so much more diverse than the people who actually get to vote on. What is such a fascinating duality. I have questions about that. It doesn't make a lot of sense to me but moulin rouge is going to be a rom. I do plan on seeing. And i'm going to have a good time and you will get thousands of pop songs that i think are still like do. Do they change out songs and bring them in like his intimate singing. Good for you yet. I'm sure they'll do a fresh update you know and then also I don't know i didn't see a christmas carol. So that kept cleaning up and of course our friend. Diablo cody one for the book for jagged. Little yeah you know what remains jarring to me about that musical because we got to see a performance from jacob on the main telecast is that for me the power of jagged little pill that every song is so like. It's not just an angry album. It really is this gamut of emotions. There's some like songs about gratefulness or romance or obviously ironic is its own category of song and yet they all belong to one woman like really feel like one person showing you as many sides of their personalities they can and then when you watch the show and again i've not seen the show so this is not me judging the show again my friend fucking wrote the show. I'm not here to do the show. It's weird because they give the songs to everybody and that's also like the point of like american idiot and stuff too but it's it's interesting. What's left of the album's appeal when you're not just hearing them all from one voice. Do i still like it as much. I can't really tell you know Yes it's not that. Carole king musical okay right carols like i wrote. 'this will be thinking up a whole different experience though which is like like what i like about that concept is that i feel like. They just leaned into the idea that this is going to be completely different from the album. It's going to be completely different from a listener and it speaks that whole idea. That all of this is relatable rate. Which i think for br and broadway camp abounds like just leaning all the way in abounds and so it's like oh it's a very different experience. We might get more. We might get last. There's something for everyone in that anything. There's something really nathan exciting about that. So i was kind of happy to just hear. That was still around in doing well. I had heard about it a few years ago. I a new. It's exciting to me. It's an exciting show. I love the concept of like a classic. Ninety s album is like now repurpose as a classic broadway cast recording that leg. A different generation of like gays zubaydah been listening to like the in the nineties. Maybe they're listening to this We're theater kids And that's exciting for me like you mentioned american idiot. You know. there's so many things like that you know it's like they are now also like a broadway october. You can hear it is this right. Yeah something that. I think was fascinating though in the main. Cbs telecaster we watched basically every living broadway legend. Give a performance of one kind or another. The beginning of it was dominated by shows and performances. That our old pop songs repurpose for broadway audiences. So like you had david byrne doing burning down the house. The famous talking heads song Moulin rouge lady marmalade performed. And i have to say it to me was not a glistening advertisement for what broadway is now just because it does feel like. You're listening to your old ipod a lot of the time. Yeah i get it and like david bird is like jesus fucking love him. Yeah yeah but it really does. That's part of my problem with milan. Route you know. I feel like the theater. We grew up. A you know you're hearing original compositions and songs and lyrics from like creators..
NPR's Business Story of the Day
Ski Areas Find Seasonal Workers in Short Supply
"Thanksgiving is the traditional start of the ski season in the United States. There's usually enough snow around for resorts to open by now but ski area's needs something else. Seasonal seasonal workers who are becoming harder to find Wyoming. Public Radio's Maggie. Mullen reports David Bird with the National Ski Areas Association says for a Long Time Ski Resorts had one big incentive to attract all the workers. They needed a season pass. Those days are long gone. That's true says Lauren. Duke with steamboat Springs Ski Resort in Colorado. She says it's tough to hire with unemployment around four percent nationally. The resort industry usually trends with the economy. Here at the base of the steamboats Christie Peak Express. Lift Duke says that means resorts have to do more. I think everyone in the ski industry is always looking for ways to make their workplace the best workplace steamboat has increased base wages to twelve dollars and fifty cents an hour about a buck. Fifty above Colorado's minimum wage wage seasonal workers. Stay on for nine to eleven months. You benefits like health insurance and paid time off and parental. Leave those only on for the ski season Get perks like warm lunch or dinner for three to five dollars and discounted lift tickets for friends and family. Plus their season pass committee used at other resorts in the area. deb Hallway. A twenty six season veteran of steamboats ski patrol says she seen affordable housing become more of an issue the amount of reasonable rental properties thirties. I think is certainly diminishing over time and and That's tough as second. Homes and services like AIRBNB VIR B O or reducing housing stock doc and resort areas more resorts are offering workforce. Housing steamboat offers some staff rentals for three hundred fifty two four hundred and fifty dollars a month. About two-thirds it's cheaper than the lowest end local free market rentals plus steamboats units are right next to the resort. Norma Nickerson says I kind of proximity is important. You'RE NOT GONNA drive from Denver all the Way Vale. Every single day as a worker Nickerson directs the University of Montana's Institute for Tourism and Recreation Research. I know that some of the ski resorts have said well. If we don't get full staff were in were right on that edge and then of course somebody gets sick or they can't be there for few days. The the administrative people are out there doing those jobs just to fill in. And when that doesn't cut it she says resorts cut down on services like reducing restaurant on ours enclosing particular runs. You're leaving money on the table. They don't WanNa do that. But they're forced to another wrinkle. In Industries labor market resorts have traditionally nations depended on foreign workers in the US on J. One visas but it trump administration executive order placing restrictions on that program. Means that pool of employees has also been reduced. David Bird says it's not just a problem across the rockies. What I hear a lot from ski area owners and operators and it's true grew from large resorts down to small resorts? We're not feeling close to all the jobs that we have better available and if you do land one of those jobs you'll still get the season pass but ski resorts now know that alone. Just isn't a sweet enough deal anymore for N._p._R.. News Maggie Molin in Laramie. That story came to us from the mountain West News Bureau.
KSTE Programming
Police arrest anti-violence activists during march near Chicago airport
"And a dozen protesters are behind bars following an anti-violence demonstration in Chicago. Illinois state police major David bird says that they arrested twelve people on Monday afternoon for trying to March on the busy Kennedy expressway near O'Hare international airport. Authorities say about sixty protesters were met by police at the entrance to the freeway. Protest leader, Reverend Gregory Livingston was among those
WBZ Morning News
Red Sox go down without a fight in losing to White Sox
"Sox and White Sox split therefore game set this weekend finale of the series yesterday Red Sox shut out for the sixth time, this season at eight nothing final Brian Johnson could not get through the second inning allowing four runs so, twenty four games to go the Red Sox lead remains seven and a half over the. Yankees in the east as Detroit beat New York's eleven to seven Red Sox play three in Atlanta beginning today and then after. This series the. Red Sox play fifteen or their final twenty one games at Fenway