40 Burst results for "Dylan"
A highlight from An Analyst Warns on TUSD, stUSDT, and Huobi/HTX
"Welcome back to The Breakdown with me, N .L .W. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, October 8th, and that means it's time for Long Read Sunday. Before we get into that, however, if you're enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, welcome back to The Breakdown. As you might imagine, a huge portion of people's commentary and op -ed writing this week is about SPF and the trial, but man, we are doing a lot of coverage around that, and I kind of get a chance to editorialize constantly about it. So I wanted to do something different, although it may be a little less unrelated than it might at first seem. Today's Long Read is going to come from Twitter. It's around a viral thread by analyst Dylan LeClair, which has some pretty serious allegations around Justin Sun and Huobi. Now, I am not presenting this as definitive. I'm not presenting this as smoking guns. I'm presenting this because I think it's imperative in the world that we live in now, the post -Sam world, to be just a little bit more cautious, to pull on threads that seem strange, to explore and dive in and use the tools of on -chain analysis that we have available to us, to ask if the leaders in the space are behaving the way that they're supposed to be behaving. I think, unfortunately for exchange owners and for basically any other leaders in the space, they're just going to have to answer more questions now than they might have needed to in the past. I think that many of us have a sense that had we asked harder questions of people like Sam, we might not be in the situation that we're in now. I certainly feel that on a deeply personal level. So, like I said, the spirit that I present this to you is one, a desire to see a cleaner, better, more above board crypto space in general, and two, an offering for you to do your own investigations, to go explore what Dylan has to say and come to your own conclusions. On October 4th, Dylan tweeted, Thread on the web of deception with Justin Sun around Huobi, STUSD -T, and TUSD, as well as the TUSD relationship with Binance and the drain of real USD liquidity from the crypto ecosystem. In late 2022, Justin Sun reportedly acquired a controlling stake in Huobi, now named HTX, which had over 1 .5 billion Tether deposits at the time. Over the summer, deposited Tether funds started getting replaced by STUSD -T. This substitution has been largely unnoticed by Huobi users. What is STUSD -T? STUSD -T, controlled by Justin Sun, claims to provide a yield by investing in quote real world assets, such as treasury bills, while the actual flow of funds from Huobi's USDT to STUSD -T, and then to just lend DAO, indicates that no such investment into real world assets occurs. We can follow these swaps very clearly on chain, and let's remember that STUSD -T and USDT are considered as the same asset natively on Huobi, as evidenced by their lack of STUSD -T trading pairs. Instead, it goes to just lend under Sun's control, and the USDT is not burned. Huobi wallets have been found to transfer significant amounts of USDT to STUSD -T's staking contract, then STUSD -T circles back to Huobi. As seen in Bloomberg, you can see a shift in Huobi's reserves from July 1st to September 15th. On July 1st, USDT made up 18 .8 % of reserves, but by September 15th, this had dwindled to just 4 .7%, while Sun's STUSD -T grew to represent 14 .5 % of reserves. As an NLW aside here, Bloomberg was actually looking at the complete set of Huobi reserve assets and found that on July 1st before STUSD -T was introduced, tokens associated with Sun, which include Tron, made up around 38 .7 % of Huobi's reserves, and now tokens that are linked to him make up about 60 % of Huobi's reserves. This is obviously very top of mind, given the fact that FTX's collapse was associated with people realizing how much of Alameda's balance sheet was just SAM coins. Now back to Dylan's thread. Huobi USDT gets staked for STUSD -T, which then moves to just lend, a platform Sun controls. The USDT never invests in RWAs, but just sits in just lend, while Huobi users end up with STUSD -T instead of the USDT they thought they owned. Looking at just lend, currently there is 1 .3 billion STUSD -Ts supplied, earning 4 .23%, with only 15 .15K of borrowing, earning 0 .01%. The real -world asset story is a lie. However, it isn't uniquely USDT this is happening with. TUSD, which is also controlled by Sun, plays a part. Over the past six months, a significant portion of TUSD burns have been attributed to just two wallets, both associated with Sun. So, isn't it convenient that you can now quote -unquote stake TUSD to mint STUSD -T? In theory, the TUSD slash USDT is burned, so that the supply decreases, and the supposed cash -backing it invests in T -bills that earn a yield that's passed on to the holders of STUSD -T, i .e., 500 million of TUSD is minted, sent to Huobi, then sent to Sun's wallets, parked in just lend, mints STUSD -T, STUSD -T goes to Huobi, TUSD gets burned, STUSD -T on Huobi remains. TLDR? Use the Tether or USDT brand and its reputation internationally, swap it for fake STUSD -T, while it appears as regular USDT in the UI -UX on Huobi. And then what? What's the end goal? Why create an IOU of another stable and trick your users behind the user interface? For one, selling the USDT, which is actually mostly STUSD -T, for USDC, on Huobi. Data from Keiko shows this clearly through the USDC -USDT cumulative volume delta on Huobi, with 350 million of Tether being sold off for USDC in just over two months. Data from just over the last few days shows every single transaction over 100k is swapping USDT for USDC on the pair. To reiterate, it's mostly STUSD -T under the surface, being sold in hoards for USDC, which can then be redeemed for US dollars at Circle. This is not unique to just HTX -slash -Huobi, though. We have seen similar developments on Binance, albeit without the STUSD -T sleight of hand, since the SVB collapse, CVD shows an $8 .9 billion difference for the USDC -USDT pair, indicating $8 .9 billion of USDC buying while selling Tether on Binance. Even if you remove the first month post -SVD collapse, the CVD for the pair is still plus $4 -5 billion of net buying for USDC. Also according to Arkham, Binance wallets preceding the SVB crash to today are minus $4 .27 billion USDC and up $384 .1 million Tether. Let's also note Binance's curious relationship with TUSD. On March 15th, mere days after the SVB collapse and Binance re -enabling USDC trading on the platform, 0 % fee trading on little -known TUSD was enabled for the Bitcoin, ETH and BNB pairs. While zero fee trading is obviously anything but organic, the chart comparing Bitcoin to Tether pairs versus Bitcoin to TUSD pairs is something to behold. Dylan then shows a chart of Bitcoin TUSD volume absolutely leaping up. He then adds, but to be fair, it was an expected development from the 0 % fee trading promo. The real interesting chart, Dylan continues, is a look at the TUSD outstanding supply and the timing of its largest mints. Convenient timing for billion dollar increases in the stablecoin sent directly to Binance at a time where zero fee trading is enabled. Quite the timing, isn't it? Never mind that TUSD attestations are blatantly unreliable and shady, and its largest mints are coincidentally timed perfectly with market sell -offs. But the world's largest exchange is promoting said stablecoin with zero fee trading for its largest pairs? By the way, let's note the token distribution for TUSD, shall we? Dylan then shares a chart from Arkham that shows the vast, vast majority of TUSD controlled by either Binance or entities associated with Justin Sun. Dylan wraps up, One, Sun is creating a web of deception in order to siphon USD liquidity out of crypto using a multitude of fake stablecoins. And dare I say, he is a fraud. Two, CZ and his embrace of TUSD, despite it being very suspect, is also ominous and reeks of desperation. Three, TUSD minting patterns during sell -offs are suspect and must be noted. Four, Huobi users get out of USDT into another asset and withdraw immediately. Number five, it's no wonder the Chief Strategy Officer for Circle is saying that the crypto ecosystem is blatantly counterfeiting USD. Alright guys, back to NLW. Now Justin Sun for his part responded to this just by blocking Dylan. I haven't seen any commentary specifically addressing this, and I also haven't seen any follow -up reporting from other outlets like Blockworks or Coindesk, but what I do see is a lot of people retweeting this, quote -tweeting this, and saying basically, this is something that needs to have an eye kept on it. Travis Kling said, read this. Now imagine a world where we collectively held our leaders to some semblance of accountability, where Justin Sun would actually have to respond to this thread thoughtfully and with evidence rather than post four. Why don't we demand a world like that? Well, friends, it is in that spirit that I share this Long Read Sunday. Go check it out, and let's see if we can't start the next bull run in a much cleaner, better, more above board kind of space. Until next time, be safe and take care of each other.
Fresh "Dylan" from WTOP 24 Hour News
"Now a 34 -24 advantage under three minutes left to go. Dylan Johnson a touchdown run that put them back in front he's actually rushed for two scores and even thrown for another Washington touchdown. Michael Penix Jr. just threw his first touchdown of the game. The Wizards finish 0 -4 Orlando they fall 130 -125 they lose to the Magic for the second time in three nights. Point differential aside how is this different from Wednesday's loss Wes Hudson Jr.? In general I you know thought the the effort and overall intent was better than night the defensive disposition was much better so you know you come up short but I thought that was a somewhat of a bounce -back force. Yeah the Maryland Terrapins didn't bounce back they struggled with three -point shooting and conference road games last year and both true tonight at Indiana the Terps never led in a 65 -53 loss in their Big Ten opener made only two of 16 from three -point range Rob Woodfork WTOP Sports. thank All right you Rob. Coming up on WTOP after traffic and weather, the House has voted to kick New York Republican George Santos out of Congress. We'll have details of what happened up
A highlight from Ladies' Fall Conference - Session Four
"It's been wonderful to be with you, and I trust that something goes home with you to help you to be an overcomer, that you'll make some decisions in your life, maybe that you haven't been as faithful in as you could be in. Remember, this is the race that we're in. This is the only race that you have. And we don't know when. It could be tomorrow. Someone leaves here and goes to heaven. We don't know that. And I trust, I haven't personally asked each one, I believe each one of you know the Lord is your Savior, but there may be someone listening to or there may be someone whose heart isn't sure. That's the most important decision. If you're not sure, you've got to make sure. I'm 99 % sure that's not good enough. You have to know 100 % that you're on your way to heaven, and then share that with those around you. 1st Dylan 5, 4 to 5. Could someone read that, please? Wonderful verse, isn't it? Okay, a little bit of humor in our last lesson. Toad ate some cookies. These cookies smell really good, said Toad. He ate one. And they taste even better, he said. Toad ran to Frog's mouth. Frog, Frog, taste these cookies that I've made. Frog ate one of the cookies. Those are the best cookies I've ever tasted, said Frog. Frog and Toad ate many cookies, one after another. You know, Toad, said Frog with his mouth full. I think we should stop eating. We're going to get sick. You're right, said Toad. Let's just eat one last cookie, and then we'll stop. Toad and Frog ate one last cookie.
Fresh update on "dylan" discussed on WTOP 24 Hour News
"Of With classic Dylan hits, including Like a Rolling Stone, I Want You, and Forever Young. Don't miss Girl from the North Country live on stage. At the Kennedy Center December Well through 31st, tickets at kennedy -center The future depends on semiconductors. Semiconductors are the ...backbone of the global economy and America should lead the development and manufacturing of this century's most essential technology. We can't risk another chip supply chain failure that creates shortages. America to needs lead in chips and American chip leadership starts with Intel. Our
A highlight from UNCHAINED: Heres How Sam Bankman-Frieds High-Stakes Trial Could Play Out
"Arbitrum's leading layer two scaling solution offers you ultra cheap and lightning fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. Today's guest is Nick Day, Coindesk's managing editor for global policy and regulation. Welcome, Nick. Thanks for having me. The trial for former FTX CEO Sam Bankman -Fried starts next Tuesday, October 3rd. There's been a lot happening pre -trial. For instance, Sam has requested release from jail multiple times and repeatedly been denied, including as recently as Thursday morning. My personal thought was that it seemed like all these requests that the defense was putting in at this critical juncture right before the trial was supposed to begin was maybe not the best use of their time, but that's just my personal opinion. I'm not a lawyer. Why do you think they made this such a point of focus in the last few days? Yeah. So I'm actually coming, you know, I was in the courthouse just a few hours ago where this very issue was brought up and the, you know, defense's arguments were, well, the first time we asked it was for pre -trial release. You know, this was right after Bankman -Fried was remanded into custody in mid -August. The second time was, you know, they were asking an appeals court to overrule the judge's decision to remand him and they lost that as well. In court today, the defense said, well, you know, now we want to ask for during trial, which is why we waited until this week to make that request. And they say that they want to, you know, the circumstances are different. They're not asking for Bankman -Fried to be released from jail in the weeks leading up to trial. Now they're saying, well, you know, during the trial, we're going to have to talk to him and check with him about defense witness testimony and cross -examination and things like that. So that's why we're making this request. And the judge didn't really find that compelling. And why do you think the judge has stuck to this position of keeping Bankman -Fried in jail? So in the judge's words, there's a couple of different reasons. One being that Bankman -Fried has had ample time to look at the defense materials. You know, one of the arguments was there are something like 1300 exhibits expected over the course of the trial. And the judge asked today, you know, were these all prepared and shared with you before, I think he said September 8th, so earlier this month. And the defense, they said, yes, we've seen all of this. We've had access to all of this. Bankman -Fried was out on bail for about seven and a half months. And so the judge's argument is, well, he's had time to look at this. You know, there's no surprises here. And he said that the defense has the chance to talk with Bankman -Fried in the Metropolitan Detention Center where he's currently being housed weekends during days that there are no trials. So, you know, the trial is not every weekday. It's going to be most weekdays. And he said, you know, you have the time, you have the opportunity, you are able to talk to your client. You're not really losing a whole lot. But he added kind of a, you know, made this ruling where Bankman -Fried will even be presented to the courthouse early on trial days where there's certain witness testimony that has to be discussed and let the attorneys just talk to him before the trial begins on those days. So he's saying basically, you know, you have opportunities to talk to your client and I'm going to give you more time to do so, but I'm not going to let Bankman -Fried out of jail. So the main focus next week as the trial begins will be jury selection. Tell us what you think that process will be like. It definitely will be interesting. I think it's probably going to be very boring from just kind of an observer perspective because it's a long process and we're going to be just sitting there watching this judge ask each individual, have you heard of FTX? Have you heard of Bankman -Fried? What do you think about cryptocurrencies? But it's going to be very interesting because this is the part where we're really going to get a sense of, okay, you know, these are the 12 or so people who are going to determine whether or not Bankman -Fried spends the next, you know, 10 to 20 years of his life behind bars and so I'm expecting to see maybe as mixed selection. I think if you pluck a random group of New Yorkers off the streets, some of them may have heard of cryptocurrency. Most of them probably will not have and they're going to be tasked with deciding whether or not one of the biggest figures in crypto committed fraud on the way up and on the way down. Something that was interesting to me was the prosecution said that they expected jury selection to take the better part of a day. I've seen some legal opinions that it will take longer than that. What do you think could potentially happen there and why do you think some analysts are saying that it would take longer? Yeah, no, I've spoken to a number of lawyers as well ahead of the trial, you know, where at Coindes we're trying to do a lot of kind of preview coverage, basically saying here's how it might go down. Everyone I spoke to said it will probably take a couple days. Part of that is because this is a fairly notorious case. A lot of people will have heard about Bankman -Fried and presumably formed some kind of opinion that would, you know, disqualify them from being a juror on the trial. I'm not sure where the DOJ is getting their estimate from. It's very possible that, you know, through the questionnaires that the jury pool is sent through the, you know, the kind of the mass selection process or deselection process that the judge engages in. Maybe that streamlines a big part of it by kind of, you know, reducing or like immediately filtering out the people who are most blatantly, you know, either knowledgeable or biased or otherwise have their own preformed viewpoints about the case. And so the jury selection might just be focused on, you know, those individuals who have made it through those initial filtering processes. But that's speculation on my part. I honestly am not sure if it is a better part of the day that we could see opening statements as soon as next Wednesday, October 4th, which would be a pretty rapid start to the trial. And Coindesk did some work to try to suss out what it is that Lower Manhattan New Yorkers might say if they were randomly picked for a jury. What did you discover there? Yeah, no. So Coindesk's Dylan and Victor went to Manhattan, downtown Manhattan to the financial district, and literally just went up to people and said, hey, we're with Coindesk. Have you heard of FTX? Have you heard of Sam Bankman Fried? And a fairly large part of this group just hadn't heard about it. You know, they weren't familiar with it. They weren't comfortable talking about crypto. They weren't familiar with crypto. And of those who were, you know, I think they found a fairly even mix. There were some individuals who had heard about Bankman Fried, some individuals who had only heard about crypto, some individuals who were very knowledgeable. They actually found a, you know, a Yahoo anchor who was the most knowledgeable about it, naturally, as you know, a reporter covering the financial space. But they also found people who were looking for jobs in crypto, people who were investors in the space. By and large, it seems to, you know, a lot of the people they spoke to just weren't interested or talking, interested in talking about crypto or in, you know, being part of this, being part of crypto. So if that is a representative sample of who we'll see next week at the jury pool, it'll be interesting because we'll see a large, potentially large, jury pool of people who aren't familiar with crypto. Again, on one of the biggest, you know, bang in on one of the biggest figures in the space. Recently, the defense proposed certain questions that it would ask the jurors and the government said that they felt these were quote unquote intrusive. What were some of the questions that were proposed and what was the government's response? Yeah. So, you know, the background here is both the DOJ and the defense team filed their proposed jury questions to help filter potential jurors. The defense team in particular had a number of questions about, you know, how these potential jurors felt about things like effective altruism, about political donations, about ADHD and people who have ADHD. And the DOJ response was really, you know, they felt that some of these questions, for example, about effective altruism and about political donations seemed kind of primed to or designed to prime the potential jurors to think, oh, well, Bankman Fried was trying to do all of this in service of this effective altruism philosophy. Therefore, he was trying to raise money to donate to better the world or designed to try and prime the jury to think, okay, well, you know, political donations is fine. So these allegations about breaking the law in the way he tried to donate funds maybe is, you know, overreach or whatever. And then the intrusive part, you know, treating just kind of this question of ADHD and whether or not people were, you know, involved with individuals who had it or the DOJ just felt that these questions were really designed to try and shape how the jury would see Bankman Fried as opposed to just kind of gauge their existing biases. And so the DOJ opposed these questions. And I think we're still waiting to see for sure if there's any public response on the judge prior to jury selection on Tuesday. All right. So in a moment, we're going to talk about different legal strategies that the defense might pursue. But first, a quick word from the sponsors who make this show possible. Arbitrum stands at the forefront of innovation as the premier suite of Layer 2 scaling solutions, bringing you lightning fast transactions at a fraction of the cost, all with security rooted on Ethereum. From DeFi to gaming, Arbitrum 1 plus Nova is home to over 500 projects. And with the recent launch of Orbit, Arbitrum welcomes you to build your very own Taylor Layer 3 or an Orbit chain. Propel your project and community forward by visiting arbitrum .io today. Toku makes managing global token compensation and incentive awards simple. Are you designing your token compensation plan and grant templates with multiple law firms? Are you managing cliffs, vesting and taxable events in a spreadsheet? Are you distributing tokens to your team manually? With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. 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Fresh "Dylan" from WTOP 24 Hour News
"Evening. I'm seven news Chief Meteorologist Veronica Johnson in the First Alert Weather Center. We've got 47 degrees in Alexandria, 46 in Columbia, and 47 in the nation's capital. We bring you money news at 20 and make that 10 and 40 past the hour brought to you by PenFed. Great rates for everyone to Jeff Klaybaugh. Pfizer has suspended clinical trials a for weight loss pill, saying patients couldn't tolerate side effects. Alexandria announces Alexandria's Lumber, Smoot well known to area contractors, is closing. It opened more than 200 years ago. DC billionaire brothers are sports tycoons. Stephen Rails boosted his Indiana Pacers stake to 20 percent. Mitchell Rails is among commanders, minority owners. The Dow rallied 195 points Friday and closed at a record high. Jeff Klaybaugh, WTOP News. It is 841. In other news we're following for you this evening, the man accused of stabbing former Minneapolis police officer Derek Chauvin in an Arizona prison, now faces attempted murder charges. federal prosecutors say 52 -year -old John Terskak stabbed Derek Chauvin 22 times with an improvised knife in the law library at a federal prison in Tucson where he's an inmate. They say he told correctional officers he would have killed Chauvin if they didn't respond so quickly. The former officer was convicted of murdering George Floyd. Terskak told the FBI he stabbed Chauvin on Black Friday as a symbolic connection to Black Lives Matter. Wendy Gillette, CBS News. Do you visit Philadelphia often with your ski mask? Well you might soon have to remove it in certain public places in the city of brotherly love. With the 13 -2 vote, Philly's city council passed legislation supporters say will increase public safety. Not everyone's on board. Opponents claim going after people wearing ski masks will unfairly target people without any proof of wrongdoing. Unless the mayor vetoes this bill, the new law will forbid wearing the face -shielding masks in schools, rec centers, parks, city -owned buildings, and public transportation. A dead Longhorn cow was found at Oklahoma State University today, One day before the Big 12 Championship game between the Texas Longhorns and the OSU Cowboys. The discovery of the dead animal on the lawn of the farmhouse fraternity comes the day before the school's football team In place, the University of Texas Longhorns and the Big 12 Championship gave reaction from these OSU students. I thought it was really disgusting for another human to do that. That's awful. Like we hate Texas, but But it's kind of just unsettling to see people go to that extreme. The cow carcass had an expletive carved Coming up on WTOP expanding your palate with bakeries. It's 843. Experience the music of Bob Dylan like never before in the Tony award -winning musical Girl From the North Country. This critically acclaimed Broadway show features dozens of With classic Dylan hits, including Like a Rolling Stone, I Want You, and Forever Young. Don't miss Girl from the North Country live on
A highlight from Heres How Sam Bankman-Frieds High-Stakes Trial Could Play Out - Ep 549
"Even though each of these charges, if you look at the DOJ press release says, oh, it contains a maximum sentence of 20 years or five years, whatever, it's not going to be consecutive. It'll be concurrent. So the estimate I'm getting from various attorneys that I've spoken to over the past few weeks is it'll probably be somewhere in the, you know, 10 to 20 year range. Hi everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor at Forbes was the first mainstream media reporter to cover cryptocurrency full time. This is the September 29th, 2023 episode of Unchained. Thinking of launching your own stable coin? Start with the open source stable coin studio toolkit on Hedera. Start your journey at Hedera .com slash Unchained. Shape tomorrow today. With the crypto .com app, you can buy, trade and spend crypto in one place. Download and get $25 with the code Laura. Link in the description. Arbitrum's leading layer two scaling solution offers you ultra cheap and lightning fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. Today's guest is Nick Day, Coindesk's managing editor for global policy and regulation. Welcome, Nick. Thanks for having me. The trial for former FTX CEO Sam Bankman -Fried starts next Tuesday, October 3rd. There's been a lot happening pre -trial. For instance, Sam has requested release from jail multiple times and repeatedly been denied, including as recently as Thursday morning. My personal thought was that it seemed like all these requests that the defense was putting in at this critical juncture right before the trial was supposed to begin was maybe not the best use of their time, but that's just my personal opinion. I'm not a lawyer. Why do you think they made this such a point of focus in the last few days? Yeah, so I'm actually coming, you know, I was in the courthouse just a few hours ago where this very issue was brought up and the defense's arguments were, well, the first time we asked, it was for pre -trial release. You know, this was right after Bankman -Fried was remanded into custody in mid -August. The second time was, you know, they were asking the appeals court to overrule the judge's decision to remand him. And they lost that as well. In court today, the defense said, well, you know, now we want to ask for during trial, which is why we waited until this week to make that request. And they say that they want to, you know, the circumstances are different. They're not asking for Bankman -Fried to be released from jail in the weeks leading up to trial. Now they're saying, well, you know, during the trial, we're going to have to talk to him and check with him about defense witness testimony and cross -examination and things like that. So that's why we're making this request. And the judge didn't really find that compelling. And why do you think the judge has stuck to this position of keeping Bankman -Fried in jail? So in the judge's words, there's a couple of different reasons. One being that Bankman -Fried has had ample time to look at the defense materials. You know, one of the arguments was there are something like 1300 exhibits expected over the course of the trial. And the judge asked today, you know, were these all prepared and shared with you before, I think he said September 8th, so earlier this month. And the defense, they said, yes, we've seen all of this. We've had access to all of this. Bankman -Fried was out on bail for about seven and a half months. And so the judge's argument is, well, he's had time to look at this. You know, there's no surprises here. And he said that the defense has the chance to talk with Bankman -Fried in the Metropolitan Detention Center, where he's currently being housed weekends during days that there are no trials. So, you know, the trial is not every weekday. It's going to be most weekdays. And he said, you know, you have the time, you have the opportunity, you are able to talk to your client. You're not really losing a whole lot. But he added kind of a, you know, made this ruling where Bankman -Fried will even be presented to the courthouse early on trial days where there's certain witness testimony that has to be discussed and let the attorneys just talk to him before the trial begins on those days. So he's saying basically, you know, you have opportunities to talk to your client and I'm going to give you, you know, more time to do so, but I'm not going to let Bankman -Fried out of jail. So the main focus next week as the trial begins will be jury selection. Tell us what you think that process will be like. It definitely will be interesting. I think it's probably going to be very boring from just kind of an observer perspective because it's a long process and we're going to be just sitting there watching this judge ask each individual, you know, have you heard of FTX? Have you heard of Bankman -Fried? What do you think about cryptocurrencies? But it's going to be very interesting because this is the part where we're 12 or so people who are going to determine whether or not Bankman -Fried spends the next, you know, 10 to 20 years of his life behind bars. And so I'm expecting to see maybe as mixed selection. I think if you pluck a random group of New Yorkers off the streets, some of them may have heard of cryptocurrency, most of them probably will not have, and they're going to be tasked with deciding whether or not one of the biggest figures in crypto committed fraud on the way up and on the way down. Something that was interesting to me was the prosecution said that they expected jury selection to take the better part of a day. I've seen some legal opinions that it will take longer than that. What do you think could potentially happen there and why do you think some analysts are saying that it would take longer? Yeah, no, I've spoken to a number of lawyers as well ahead of the trial, you know, where at Coindes we're trying to do a lot of kind of preview coverage, basically saying here's how it might go down. Everyone I spoke to said it will probably take a couple of days. Part of that is because this is a fairly notorious case. A lot of people will have heard about Bankman Fried and presumably formed some kind of opinion that would, you know, disqualify them from being a juror on the trial. I'm not sure where the DOJ is getting their estimate from. It's very possible that, you know, through the questionnaires that the jury pool is sent through the, you know, the kind of the mass selection process or deselection process that the judge engages in, maybe that streamlines a big part of it by kind of, you know, reducing or like immediately filtering out the people who are most blatantly, you know, either knowledgeable or biased or otherwise have their own preformed viewpoints about the case. And so the jury selection might just be focused on, you know, those individuals who have made it through those initial filtering processes. But that's speculation on my part. I honestly am not sure if it is a better part of the day that we could see opening statements as soon as, you know, next Wednesday, October 4th, which would be a pretty rapid start to the trial. And Coindesk did some work to try to suss out what it is that lower Manhattan New Yorkers might say if they were randomly picked for a jury. What did you discover there? Yeah, no, so Coindesk's Dylan and Victor went to Manhattan, downtown Manhattan to the financial district, and literally just went up to people and said, hey, we're with Coindesk. Have you heard of FTX? Have you heard of Sam Bankman -Fried? And a fairly large part of this group just hadn't heard about it. You know, they weren't familiar with it. They weren't comfortable talking about crypto. They weren't familiar with crypto. And of those who were, you know, I think they found a fairly even mix. There were some individuals who had heard about Bankman -Fried, some individuals who had only heard about crypto, some individuals who were very knowledgeable. They actually found a, you know, a Yahoo anchor who was the most knowledgeable about it naturally as, you know, order covering the financial space. But they also found people who were looking for jobs in crypto, people who were investors in the space. By and large, it seems to, you know, a lot of the people they spoke to just weren't interested or talking, interested in talking about crypto or in, you know, being part of this, being part of crypto. So if that is a representative sample of who we'll see next week at the jury pool, it'll be interesting because we'll see a large, potentially large, jury pool of people who aren't familiar with crypto. Again, on one of the biggest, you know, bang in on one of the biggest figures in the space. Recently, the defense proposed certain questions that it would ask the jurors and the government said that they felt these were quote unquote intrusive. What were some of the questions that were proposed and what was the government's response? Yeah. So, you know, the background here is both the DOJ and the defense team filed their proposed jury questions to help filter potential jurors. The defense team in particular had a number of questions about, you know, how these potential jurors felt about things like effective altruism, about political donations, about ADHD and people who have ADHD. And the DOJ response was really, you know, they felt that some of these questions, for example, about effective altruism and about political donations seemed kind of primed to, or designed to prime the potential jurors to think, oh, well, Bankman Fried was trying to do all of this in service of this effective altruism philosophy. Therefore, he was trying to raise money to donate to better the world or designed to try and prime the jury to think, okay, well, you know, political donations is fine. So these allegations about breaking the law in the way he tried to donate funds maybe is, you know, overreach or whatever. And in the intrusive part, you know, treating just kind of this question of ADHD and whether or not people were, you know, involved with individuals who had it or the DOJ just felt that these questions were really designed to try and shape how the jury would see Bankman Fried as opposed to just kind of gauge their existing biases. And so the DOJ opposed these questions and I think we're still waiting to see for sure if there's any public response on the judge prior to jury selection on Tuesday. All right. So in a moment, we're going to talk about different legal strategies that the defense might pursue. But first, a quick word from the sponsors who make this show possible. 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Recently, the defense did propose a number of witnesses, but the judge denied most of them. Who were these proposed witnesses and why were they denied? Yeah, so the DOJ and defense both had a number of proposed expert witnesses. The defense in particular had a number of individuals that they said could speak to everything from the terms of service that FTX operated under to the FTX software to just rebutting certain DOJ witnesses. The judge basically said he agreed with the DOJ in rejecting all of these proposed witnesses. There were seven. He did allow the defense to call for four of them later on, but they have to meet certain requirements and fill out certain disclosure forms first. A big part of the judge's reasoning was the witnesses had just not adequately explained what they wanted to testify about or what they would say, and so they didn't have or he didn't have enough information to allow them to testify, which was functionally the DOJ's argument as well. That being said, some of these proposed witnesses are intended to act as rebuttal witnesses to DOJ's witnesses. I know we're saying the word witnesses a lot, but that's what it comes down to is four of these witnesses could come back and respond to, you know, either FTX intercircle members who are testifying on behalf of the DOJ. One of the potential witnesses that the defense can call forward is someone who can speak to the actual technical software underlying the, you know, FTX program, again, in response to DOJ witnesses. The judge did completely ban, for example, a British barrister who was supposed to explain the FTX terms of service as well as someone who was supposed to speak to kind of the crypto industry at large, saying that, you know, those witnesses and that proposed testimony seemed a bit too far afield from what the case would be about and could probably do more to confuse the jury than to clarify anything. And SPF's team also wanted to block a proposed government witness that was also denied. Who was that and why did the judge deny that motion? The DOJ proposed a University of Notre Dame professor to testify about some forensic analysis he did on FTX financials. The defense objected. They said that this witness would basically just reiterate the DOJ's claims, the allegations, but the DOJ argued that he was doing his own analysis of the data he had access to. And so it wouldn't just be stating the DOJ's claim. He would be providing his own expert insight based on his own work, you know, examining the databases that he had access to. And the judge agreed with that and said that based on what he'd saw and based on what the witness disclosure had provided, the witness was likely just speaking to his own expertise and looking at actual data as a third -party expert witness might do. And so those witnesses are allowed right now. We're still waiting on the full and final witness list, but we now know that there are probably at least a dozen witnesses that we're going to hear from over the next six weeks. And who are the ones that stick out to you on that list? I think the cooperating witnesses, so the FTX inner circle, that's former Alameda Research CEO Carolyn Ellison, former FTX director for engineering Nishat Singh and Gary Wang. I forget which one of them was the director of engineering. The other one was a fellow executive, but you know, these are the three individuals I think we're going to hear from probably first, maybe. Might hear from them as soon as next week, not certainly the week after. They're the ones who were in it, right? They were involved in this. They were part of FTX. They were part of the highs. I think we're going to probably hear from them, you know, how FTX might've fallen apart. I know from court filings, we know that DOJ wants to ask Carolyn Ellison about the FTT token and allegations that Sandbank and Freed was directly involved in trying to argue for Alameda to take a large sum of it and to potentially allegedly manipulate the price. So I think that testimony is going to be really interesting just because, again, it's the firsthand account of what happened. We're also probably going to see the defense try and discredit these witnesses to the extent possible, right? Straight out of the gate saying, well, you know, you weren't threatened with jail if you didn't testify in turn against your former boss. So I imagine we're just going to hear arguments like that from the defense during cross -examination, but either way, I think this is going to, you know, those are the three witnesses I think we're looking forward to most right now. And then once we're past that kind of initial surge of FTX insiders, that's when we'll get to kind of more, I don't because I don't think that is the right word for it, but, you know, people who are looking at it from kind of the, you know, again, forensic analysis perspective, people who are going to be able to kind of dig through and say, all right, well, you know, we've looked through the smoking remains and here's what we found. And I think that will also be interesting because it'll be really a third -party perspective on, you know, here's how this thing was set up and here's where things may have gone wrong or here's where things may have fallen apart. And getting a third -party perspective on that I think is going to be really fascinating because there'll be, I assume, a bit more objective about it than, you know, people who built it and worked on it maybe could be. One other kind of motion that happened this week that was pretty interesting or development, I should say, is that the judge did allow SPF's team to ask some of the witnesses about their drug use. What do you think will be the significance of that line of questioning? I think that goes back to, you know, a witness, cooperating FTX inner circle member saying, while we were at FTX, Sam directed us to manipulate FTT, whatever, you know, just speculating what someone could say. And the defense comes back and says, well, you know, are you sure that's what he said? Were you high at the time of these conversations or were you engaged in recreational drug use during the time you were running this company? You know, if I'm a member of the jury and I hear, okay, well, everyone was partying and on drugs and doing weird stuff or, you know, potentially, you know, in an altered state of mind, that might shape how I view the, you know, the defendant, the verdict, the whole case. So the judge did say that prior to making those, you know, kind of questions, the defense has to notify the prosecution and the judge about it. So it's not going to be a case of like they'll blindside the witnesses about this, but I imagine that's going to kind of go back to this effort to try and say like, okay, you know, Bankman Fried wasn't doing something wrong on his own or intentionally, it's just that things fell apart, but they were well -intentioned. The defense is going to attempt to, I think, pin some of the blame on legal advice that Bankman Fried received. How effective do you think that argument will be at trial? That's a really hard question to answer. I think the problem that the defense has is there's really no denying that FTX fell apart and it fell apart in like a very dramatic fashion, right? The day it filed for bankruptcy that evening, what, a couple hundred million dollars or tens of millions of dollars worth of crypto was stolen, I think. I forgot the exact amount, but you know, it was a pretty dramatic way to cap off what was already a chaotic week. So the problem the defense has is they can't say, well, FTX is fine. And so they're leaning on this advice of counsel defense. Their argument is going to be, you know, Bankman Fried was well -intentioned. He told his lawyers everything he wanted to do, and he did everything they told him to do. And so because it all fell apart, you can't really pin that on Bankman Fried. You have to look at the advice he was given and the information he was acting on. And so I guess part of the problem that the defense might have here is did they share or did Bankman Fried share everything he wanted to do with his attorneys? Did the attorneys have all the information and did he do exactly everything the way his attorneys told him to? And I don't know, you know, I'm sure we'll see answers to those questions over the next, you know, six weeks or so, but that seems to be kind of how that might play out. And it's going to be an interesting argument for sure. But again, I think it goes down to the central problem of FTX for sure collapsed and how you respond to that. One other issue is that the judge did rule that the prosecution could mention SPF's political donations. And there are charges specifically related to that that will be tried in a separate trial next year. So why were those allowed in this case? So this is where we get into what has become one of the new fun parts of being a court reporter in this case is Bahamas extradition treaties. So the original indictment that Bankman Fried was charged with back in December of 2022 did include campaign finance violations as one of the charges. But because it did not appear in the charging document that the Bahamas Police Department had, there's a Bahamas National Police, something like that, Bankman Fried's defense team successfully argued that they could not bring that charge right now because he had agreed to be extradited on the first seven charges, which were wire fraud and conspiracy to commit wire fraud and conspiracy to commit securities and bodies fraud, et cetera. So what it seems like is going to happen is the prosecution is going to try and fold all of that into all the political donation stuff into the other charges, into the wire fraud charges, and say, well, you know, we have the evidence, we have the allegations, and here's what you have to look at what that means for the next trial. And, you know, you're absolutely correct. There is another trial currently tentatively scheduled for either March or April 2024, next spring, either way, where we will be going through all of this again. But a lot of that is dependent on the Bahamas. And yeah, we could probably talk about that for another hour if you wanted to. All right. Well, we'll leave that for another episode. But one thing I did want to ask about is earlier in this interview, you said that his sentence was likely to be in the range of 10 to 20 years. And obviously, you know, there's many charges and we don't know which ones he'll be found guilty of and which ones he won't. But how are you coming up with that estimate? So yeah, I should definitely be more precise there. So I personally am not a lawyer or an expert in this. I have spoken to a number of lawyers about this. And what they said is, if you have a defendant who is found guilty, so these assumption here is that he is convicted on at least one of these charges. But if he's found guilty on even several of the charges, because all of the conduct is similar, because it's all kind of identical conduct at the core, a judge, when making a sentencing determination, will basically fold all the charges into each other, right? All the conduct. And so even though each of these charges, if you look at the DOJ, press release says, oh, it contains a maximum sentence of 20 years or five years, whatever. It's not going to be consecutive. It'll be concurrent. So the estimate I'm getting from various attorneys that I've spoken to over the past few weeks is probably be somewhere in the, you know, 10 to 20 year range. Some estimates came down as low as five years, some as many as 36 years. But they all seem to base that on just kind of the allegations, the charges themselves combined with the amount of money allegedly lost, which is more than 50 million, combined with the severity and all of that. Yeah. And so 50 million is sort of like some thresholds because I think it goes in levels of severity. Yeah. And the higher the number goes, the longer the sentence. However, that's the largest threshold, obviously. Yeah. I literally looked up the federal sentencing guidelines, which by the way, is a very confusing document. I did not understand it. So I asked someone else to explain it to me, but yeah, it's the different thresholds that you mentioned. And it starts with the, I think the thousands range and then just kind of escalates up and 50 million seems to have been the uppermost that they had. So it's 50 million plus. I think the allegation is something like 10 billion loss from FTX. So 10 billions, a hair more than 50 million. Just as many multiples. So that will probably be kind of the way they calculate it, probably. And again, this is dependent on if he's convicted on one or more charges and all sorts of stuff. Yeah. Okay. Well, we will have to see how all that plays out. Thank you so much for explaining all of this on Unchained. Thanks for having me again. Always great to talk to you. Yes. Same here. Don't forget next up is the weekly news recap today presented by veteran crypto reporter and Columbia University night budget fellow, Michael Del Castillo. Stick around for this week in crypto after this short break. Join over 80 million people using crypto .com. One of the easiest places to buy, trade and spend over 250 cryptocurrencies.
Fresh update on "dylan" discussed on The Café Bitcoin Podcast
"I'm just wondering, you know, you think about the inflows and if they'll ever consider Bitcoin. I mean, Warren Buffett used to talk crap about Apple and now they're the largest shareholders of Apple stock. And you just think about that huge cash position and think about the inflationary environment. You get to think that one day they have to consider allocating elsewhere. And I just wonder, I just wonder if he's ever going to swallow his pride and go into Bitcoin. I don't know what you guys think. He'll probably die first. It's an interesting point that you make, Sam, about cash being the biggest trade. It's like cash is, you can't really convert shares into cash. It's a, it goes both, like the number of shares don't, it's like our discussion about water. The shares don't disappear. The cash doesn't disappear. It's, I guess what you're saying is investors have opted to hold more cash, leaving them holding, well, I guess where was that cash before? And what have they traded for? Well, I mean, to be fair, shares of stock and cash can both just be printed out of nowhere. So. What does it even mean to trade either? Guys, I want to comment on this real quick. It's tone using the scalable handle until the conference rolls around next week. And that's like by default. If Berkshire Halfway eventually does get into Bitcoin, it's going to be so late in the game that it will not allow them to continue to be the dominant company. I mean, this is kind of how the world progresses. Like no single company can ever perpetually be dominant. And eventually every major company that's at the top today, 20, 30, 40 years from now, it will not be. And new companies will come along. I think at this point, MicroStrategy will be the highest market cap company in the S &P 500. I mean, it kind of has to like the whole thing has to get flipped over. So I think eventually is a long time. I mean, someone's going to take over Berkshire Halfway after Buffett. But whoever that is, by the time they invest in Bitcoin, it will not like they will not keep them at the top. Somebody else will be there. Not to not to change the subject, but Sandra Day O'Connor was just reported to have also died. So clearly the last generations is dying. I mean, literally is dying out as we speak. I'm waiting on Schwab, Gates and Fauci. I mean, when those three, we can start popping some champagne bottles. I feel like you have to wait a while because they go in threes. Yeah, easy tone. Gates, I think, is pretty close to Peter in age. Let's you know, he's right here. No, he's he's 10 years. So, OK, little known fact. I actually grew up about five blocks away from from him. I think he's about 10 or 12 years older than me. That explains a lot. Now we get it. It still baffles me that people like corporations and business leaders are letting Michael Saylor just continue to do this, and they're looking at the micro strategy stock as well as their performance as a business, and they're not being proactive at all. It's just it's kind of mind boggling to me. Like, I thought that this would happen. I thought that more corporations, that was kind of a narrative back in the bull market that we would see more corporations. But it's been a lot more slow uptake on the corporate side. New highs, new highs. They're all waiting for new highs. When it breaks 50, they're all going to fall in. So question for corporations. Will it be easier for them to put shares of the ETF on their on their balance sheet as opposed to, you know. Custody. That's which don't exist. That's a great question. I actually don't know, but I would assume that it's a little harder because, like, companies shouldn't be like speculative hedge funds buying shares of other companies, right? So I think it's easier to say we're going to hold our cash in Form X than opening up trading accounts. I would think the technical hurdles. I think self custody would kind of deter them a little bit, but maybe write down. Well, no company is I mean, no publicly traded company is self custody. They're Bitcoin. They're all using a custodian. So the question is, is it easier to have a custodian holding your Bitcoin or to just buy ETF shares? Most companies don't invest in equities, though, like they they're buying debt or their, you know, other cash equivalents like treasuries and things like that. So really, it's just about investment policy and classification. I guess they invest in their own equity, right? They do stock buybacks of their own, but that's it. Yeah, certainly, but they're not, you know, on a whole, they're not investing in other like securities or other, you know, equity in other companies. It's interesting, though, because that's what Michael, Michael Saylor was saying in the very beginning when he came on the scene in 2020, where he was sitting on this 500 million dollar cash position and he was like, this is a melting ice cube. And he was thinking about other ways to invest that purchasing power. And he was like, I considered equities, I considered yachts, I considered real estate and he landed on Bitcoin. So I wonder if it's a little different. I don't know. It seems like he was considering purchasing stocks and other assets with the Treasury. Well, especially, go ahead. I was just going to say, going back to what Tom was saying, like, how are these companies letting Saylor get this deep ahead? But I mean, also, if you zoom out, it's it looks less pronounced, right? Because what does Saylor have right now? Total market, you know, value of Bitcoin, six, six billion, five, six billion. So if he gets a 10x on that 60 billion in holdings, I mean, it's massive and significant. But looking at like the biggest players in the game, it's not that significant. Yeah, we talk about it a bit like market cap wise, there's just barely in the top 2000 right now. So it's like order of magnitude. Probably still one order of magnitude too low to really be on the biggest players radar. I think probably a lot of people are watching it, but I forget what it was. It was like maybe yesterday or the day before somebody, it was either on Twitter or maybe LinkedIn or something. But I saw Dylan LeClair and Lynn Alden both replied to it. Somebody basically tweeted or took a screen grab of Saylor announcing another buy and said it was like insanity is doing the same thing over and over and expecting a different result. And they thought that that was a known for Michael Saylor somehow. But anyways, I just I thought that was hilarious. And I think that's how a lot of people are still looking at this on Wall Street. I still don't think a lot of them get it. Some of them do. But if they do, I feel like the game theory is not to go and announce that they understand it. It's to get in first and then announce it because you don't have to disclose it immediately. I think it's got to be disclosed maybe at the end of the quarter or something, but I don't know. So one thing that's interesting to look at is not just market cap, but, you know, cash on hand, because that's really what MicroStrategy, I mean, MicroStrategy has tied its entire market cap to its cash on hand. But really, like if Bitcoin 10x, MicroStrategy would have one of the most liquid treasuries of all companies. I mean, even Apple only has, and I say only, only has 60 billion dollars in cash on hand. So if Bitcoin 10x's MicroStrategy is going to have, you know, equal amounts of liquid, you know, treasury as this Apple.
A highlight from The Mike and Mark Davis Daily Chat - 09/26/23
"Olivia Newton -John would have been 75 today. So this one hurt. I mean, when she passed last year. I mean, how many people are this universally loved? It would have been easy to go get I Honestly Love You or Let Me Be There. But two, three years before that, she had this cover of the great Bob Dylan, If Not For You. It was her first big hit, and so we salute Olivia Newton -John today on what would have been her 75th. Hey! You know, it's funny that you mention this, because I spent some time on the show yesterday saluting a great, great guy out of Columbus, Ohio, Bruce Hooley. He is a Columbus host. He's filled in, I think, for Hewitt a few times. And he and I had a segment together. We haven't always seen eye to eye. He's kind of a mainstream conservative establishment Republican, and he's a really, really spiritual guy out of Columbus. He found out a couple of weeks ago, wham, he's got brain cancer. And he had brain surgery. Well, this guy is now embarking on sort of a journey to say, you know what, remember the things that matter. Now is the time everyone should lean into your faith and remember the love of Jesus, remember what we're here for. And he sees this as almost a calling that he's facing this very tough, difficult journey. And he's got a blog going, Bruce Hooley. You can look him up in Columbus. Spell Hooley. Spell Hooley. H -O -O -L -E -Y. He's the midday host on 98 .9 The Answer, our affiliate in Columbus, the Salem affiliate in Columbus. And he's such a deep man of faith that he said, I'm not afraid of this at all. He said, I know what I'm supposed to do, and if I can share the love of Jesus Christ and help everybody know what the right path is, I'm going to do it in whatever time I have. He's my age. He's 63 years old. And this guy, I always have such a deep admiration because you know what? If it's me, I'm on the floor in the fetal position, and I'm not going to be able to get out of bed. I'm going to be afraid. I shouldn't be. We should know we're here for a short period, and we know what our real purpose is, and we know where we should be headed. But you've got to make—it's an easy choice. And he writes about that. He goes, it's real easy. You accept him as your savior, and you do it now, and don't wait until you get a diagnosis. And that's kind of his message. Mark, I just love the courage and the nobility of people like Bruce. And so you just reminded me of that when our prayers were out. I am so glad. Let us lift him up in prayer. And it's funny. It's a big—not to use everybody else's story as a mirror and an attitude check in our own lives, but it just invariably happens because I can get a little twisted off if I can't get to the bank and the post office in the same day. It kind of gives you a little bit of a big -picture look at your own blessings, your own health, your own prayers. So let's everybody kind of get a grip. I got a scathing email from a listener in Columbus who said, hey, Mr. Wisdom Tooth, we had to hear you whining about your stupid wisdom tooth, and here's Bruce facing brain cancer. How dare you? And she really went at me. And I read this email, and I thought, holy—and that was after I did this lengthy tribute to his courage. But I get it. I lose perspective all the time. And all of a sudden, my stupid dry socket problem didn't seem so bad. That's it. Everything's relative. Like Elaine Stritch said, everybody's got a bag of rocks. We all got something we're dragging around in our lives. And, you know, right now we've got seven candidates on a debate stage dragging around some rocks tomorrow night. And by the way, can you help me understand why Larry Elder's name has just been eradicated from the conversation? They don't even talk about him anymore. A little bit of history, because he did, by all accounts, he did what was necessary to get onto debate stage number one. X amount of fundraising, 1 percent in a stretch of significant polls. He did it. And Ronna McDaniel or somebody simply blocked him from that debate stage. So I think he could have gotten from 1 to 3 percent just by being Larry on that debate stage. And that would have opened the door to who knows what, because if Doug Flippin' Burgum can be in this debate tomorrow night, Larry certainly could. But he was denied the chance to be on debate stage number one. The threshold for debate stage number two is 3 percent. And with Larry back there at one, there's no way for him to triple that without being on the debate stage.
Fresh update on "dylan" discussed on WTOP 24 Hour News
"Already gridlocked Congress. Leaders of both parties say it won't twist political arms. The first term congressman from New York who's currently facing federal charges could just become the sixth member of the House to have been ousted by colleagues. Lawyers for former President Trump and several of his co defendants in the Georgia election interference case are set to appear in a pair of back to back court hearings today. Lawyers for Mr. Trump, former Trump campaign attorney Ray Smith and so -called alternate elector David Shafer are expected argue to their motions for the case's dismissal or the dismissal of specific counts first. Their argument is that there are various flaws in the way the indictment was drafted by Fulton County District Attorney Fannie Willis. Lawyers for former Trump's Chief of Staff Mark Meadows as well as former Justice Department official Jeffrey Clark will ask a judge to push back several rapidly approaching deadlines in the case while they try to argue for it to be moved to a federal court. And up. coming More companies are rethinking college degree requirements. I'm Jeff Kleebel. 836. Today around 5 ,000 Americans will hear you have cancer at Pfizer. We won't rest until they hear the all -clear. See how we're innovating at Pfizer .com slash oncology. Pfizer. Outdue yesterday. Experience the music of Bob Dylan like never before in the Tony award -winning musical Girl from the North Country. This critically acclaimed Broadway show features dozens of
A highlight from Ep.118 - Rewind to 1967: The Year That Changed Music Forever
"Well here we are episode 118 I think I think I forgot to list a few this might be like episode 120 or 121 I don't know I guess that's a good thing when you do so many you lose count anyway on this episode we're gonna be talking about the year in music 1967 and as usual I have the wrecking two in the house Mark Smith and Lou Colicchio of the music relish show very interesting yeah a lot happened sit back relax it's gonna be another two and a half hour podcast but we love it enjoy the show the KLFB studio presents milk rate and turntables a music discussion podcast hosted by Scott McLean now let's talk music enjoy the show yes let's talk music thank you Amanda for that wonderful introduction as usual welcome back my friends to the show that never ends welcome to the podcast you know the name I'm not gonna say it was streaming live right now over Facebook YouTube X formerly known as Twitter twitch D live and again I always I don't know how many other things and this podcast will be heard on every podcast platform yeah yeah 1967 so it was quite a year think you're in for a little little ride tonight yeah and you know who wasn't born in night oh he was three in 1967 marksmen from the music relish show good evening I was two years from being on this earth so you weren't even really thought of no you thought of it 67 think of that think of that yeah you weren't even thought of you weren't even like a sparkle in as they say in your father's eye there might have been the beginning of a sparkle who knows so let me see I'm looking at my is my screen still fuzzy on my end but I'm not even seeing it on YouTube right now I'm seeing it's live but I just got the image of the vinyl really yeah what the hell wait wait wait wait yeah no it's on it's on I see it I see it but my screen looks fuzzy right yeah that's how I'm seeing you from my end yeah what the hell let me check something here hold on okay let's do a little in show my you know that smooth little March of colors next to you when you open up the show yeah happy it's all like gone really weird I'm looking at this right let's go back to this see what happens I'm supposed to be in 1080 and I'm looking at it right now now you're sharp you just got sharp it goes back and forth it's a strange see like hearing yourself huh I guess I don't know what do a refresh here I'm playing it right Tom Benwald says it looks good patty says it's blurry that was in the beginning and it looks like it's sharp now so it goes back and forth you're starting to get blurry again it's strange got any storms down there no this this would this will drive me crazy now this is it's not supposed to be like this come on it's like a Grateful Dead show warts and all rice we're talking about 1967 there's no digital so it was still waiting for Luda come on so you know I'm going to do I hate doing this but I'm going to do it to you buddy what's that no don't cut me I'm not cutting you I'm gonna I'm gonna hit a refresh which might take me off the screen so the show is yours for about I don't know 60 seconds let's see what happens here let's see reload I'm gonna reload it so I'm going off the screen I guess it's time to advertise the music roll show with my friend Perry and my friend Lou we discuss opera we have fun how am I now you look better look yeah yeah looks better yep and I just advertised my podcast is that the opera I'll pay you I'll give you the money later on then I lose my this is like okay here we go you look better though all right good yeah good you know me I the technical stuff drives me crazy especially you know it's not only sound it has to be oh it's this is a live stream so it has to look yeah good and you don't want to drop out in the middle of the show no like me and Lou do once in a while race right let's see is the chat working let's see now I'm not seeing any I'm not seeing any comments so let me try this well sorry for the podcast listeners but I gotta get this shit right hey it's okay I should be seeing I should be seeing comments because people have already made three comments you over here maybe they're bored and they don't want to comment anymore no it's there it should be showing up on my screen over here right we know that my boss you busting balls only Bono does that let's see public so it should be getting huh this is crazy seven minutes in and I'm here we haven't done anything yet let me see send comment test I just sent a text to message I see I see you as I see mine okay good we're good we're good let me switch over to my other account and do the same thing I just want to make sure yes just our audience is bored they don't want to comment actually this is all Lou's fault yeah yeah always the you know I would probably lost the other comments is because I rebooted so hmm all right well you know what we're gonna start without Lou right as I say that as I say that does he have what does he what do you let's get the full screen nose is that why you were late you had to clean your nose and he's back in Paris again you brown nose er I've been a bad dog my laptop and he's back in pair you left here in Paris you must have left it back in the United States I did I left on the plane how you doing Lou I'm doing alright how are you guys doing well I just had a little technical difficulty and we blamed you because you weren't here so you left me alone and I had to talk opera with myself talked opera yeah rigoletto did you talk about rigoletto this time I'm just really boring you know I'm like all right this is why this is a two and a half hour podcast some of us have to work tomorrow all right here we go let's jump right into 1967 musical events in 1967 and the year kicks off right away with a bomb a bomb on January 4th the doors release can arguably one of the greatest debut records ever arguably if you had a top 25 greatest debut that albums would have to be in the top 10 it would have to be yeah you know if you had a top 50 that would have to be in the top 10 right even if you don't like them you have to say that was so ahead of its time oh it's so different nothing out there was like the needle and all you hear it kicks I mean fucking what a way to start an album it's a heavy song it with a bossa nova beat yeah I mean that's pretty clever yeah 67 so you know bossa nova was pretty hip again John Densmore over underrated underrated underappreciated I think you are you are so correct you know never gets the the the consideration that I I don't know you can't put him in greatest of all time but could he be okay if there's a top there's a top 25 drummer top 25 drummers is he in it good question and in rock we'll just say in rock I think he could be I could see him making so I don't know if he's a universal pick but I could see him on some list I mean he's something you'd have to think about like you said like it doesn't get noticed so much you know yeah yeah or it I mean although his drumming wasn't shy I mean he's jazzy as hell I heard um writers on the storm yesterday and his adjustment playing is great in his adjustments during the shows just for that yeah yeah the unpredictability of you know how the how the song was gonna go right because they could rehearse it all they want once Morrison got into that zone well in the drama keeps the beat right yeah yeah the drummer has to stay up with that yeah and played to the clown so to speak right you know and my my problem is if some of the clowns don't have the beat you know at one point they've got to give in like I said Morrison or even Dylan they'll set the tone but they've got to be steady themselves you know it's yeah otherwise it's just erratic but you know yeah guy like Dan's more I mean I had skill I had a lot of a lot of technical ability right feel yes cool so obviously his drums always sounded good yeah on the earlier on the other records even you know three years worth of music whatever I guess I would be who produced some Jack Holtzman was the producer did a good job Jekyll or now wait so no what was it Paul Rothchild yes yes yes I'm sorry Holtzman was he on the record company yeah yeah was that it was that chrysalis or chrysalis I think or just like yes that's a lecture a lecture weren't they on chrysalis though also I thought they were yeah maybe maybe chrysalis was a subsidiary but uh yeah Jack Holtzman's son is Adam Holtzman he's a keyboardist right now he plays with here we go Stephen Wilson but he does a little blog on Facebook and he talks about growing up and he was like six years old and his father brought him to a club to see the tour Wow at six years old he just talks about like yeah it's a great little blog Wow all right and four days later on January 8th Elvis Presley turned 32 on January 14th the human be in right the human be e -i -n human being takes place in San Francisco's Golden Gate Park polo fields with spoken words from Timothy Leary Allen Ginsberg Gary Snyder in others live music was provided by Jefferson Airplane the Grateful Dead Big Brother in the holding company and Quicksilver Messenger Service speeches from Jerry Rubin and others were also given at the event although it's one band there I liked yeah Quicksilver Messenger Service who was it on January 15th 1967 who is your favorite poet of all them I know you're not asking me Arthur Rimbaud who influenced Jim Morrison good answer good answer way to bring that first opening segment rough full circle we're getting better Scott we're good now you guys get a lot of good trust me I'm getting a lot of good feedback so let's keep it at that I don't want you son ask for more money and on January 15th 1967 the Rolling Stones appear on the Ed Sullivan show at Ed Sullivan's request finish it he asked them to let's spend sing let's spend some time together is that the one there you go yeah and then he told him a really big shoe I hate to do this I mean I come back on penalty box I don't say just he beat my record okay look he just got on the show after late and these are either he's stuck he's frozen put the dog nose back on where'd it go are you throw it at the camera like your headphones on January 16th 1967 the monkeys begin work on headquarters the first album to give them complete artistic and technical control over their material and it was fucking horrible fucking horrible what were they thinking they know they were thinking the egos got too big they thought they were the music well the argument can be made that you know Mike Nesmith did write different drum yeah so he could write songs but I don't think he was a pop songwriter you know headquarters and they try to be all fucking like 60 ish and shit they weren't looking for pop were they they're trying to be like more psychedelic yeah I think so there were their channel on the Beatles with those quirky little yeah with anti -grizzelles on that I don't know some weird shit I'll tell you what though I don't care about it myself but it was surely a harpsichord on it because that's what all those records had they had to have a harpsichord and I have the book this the 100 best -selling records of the 60s the monkeys got a they've had quite a few albums on there oh they do yeah they were they were but I mean I thought it was just a condensed period of the show which it probably was but it's still I mean they've got I mean most of their albums sold really well yeah yeah ah you like the show what's it is like the show I did I still like it I still love it I love that that that's so that humor is great like dumbed down brilliantly done though humor yeah way was what they were supposed to act like that yeah you know what I mean there was no like these guys are bad actors they knew exactly how to do that they pulled it off great it was campy it was great for its time it's still great to watch now yeah I do think that banana splits were a better band yeah that's I'll give you the banana splits were a kick -ass band yeah yeah kick -ass man did you see the movie recently came out it's a horror movie with the banana splits the banana splits movie it's a horror movie yeah yeah it takes place in an amusement park and they're they're robotic and in Dyson and slicing baby Dyson and slicing I have to say oh man that's yeah okay yeah Dyson and slicing it's good it's kids again campy movie but I couldn't not watch it yeah I have to say I'm sure Fleagle is a total psychopath well I'm not gonna give you any and no no no spoilers here those was it just Dyson and slicing on January 17 1967 the daily mail newspaper reports four thousand potholes in Blackburn Lancashire and Guinness air Tara Brown is killed in a car wreck these articles inspire lyrics for a day in the life a day in the life yes on January 22nd 1967 Simon and Garfunkel give live can't give a live concert at Phil harmonic Phil harmonic call in New York City some of this concert is released on October 4th 1997 on their box set old friends but most is not released until July 2002 that's some more okay January 29th mantra rock dance the quote ultimate high of the hippie era is organized at the Avalon Ballroom in San Francisco featuring Janis Joplin grateful dead big brother in the holding company for three Moby grape quirky that would've been interesting that's the best man that's the best as though for they're almost like the MC five kind of I think they were just kind of but they're they're a San Francisco band and beat poet once again Allen Ginsberg shows up to do his spoken word I heard he was a member of NAMBLA I wouldn't the National Association of Marlon Brando look -alikes I heard I'd someone I remember he actually he was a sponsor of NAMBLA but anyway on January 30th 1967 the Beatles shoot a promotional film for the forthcoming single strawberry fields forever at Noel Park in Seven Oaks have you seen it I have seen it I haven't seen it in a long time it's really cool yeah yeah it's kind of dark speaking of dark on February 3rd 1967 UK record producer Joe Meek murders is it his landlady and then commits suicide by shooting himself in the head in Holloway North in London it's kind of dark didn't he produce sleepwalk yes letter Telstar some early we talked we did it bit of a genius really yeah let's see February 7th Mickey Dolan's no let me stop February 6th Mike Nesmith and Mickey Dolan's of the monkeys fly into London Dolan sees till death do us part on British TV and uses the term Randy's scouse grit from the program for the title of the monkeys next single release Randy's scouse grit not releasing it is an offensive term Britain's British census forced the title to be changed to alternate title and then the next day Mickey Dolan's meets Paul McCartney at his home in st.
A highlight from S13 E11 Writer & Editor: Art, Justice, Culture
"Hello, welcome to The Loney Show. I'm your host, John Mayolone. In this episode, don't have any regulars, because reasons, I guess. As for our guest, he's from Exeter in the United Kingdom. He is a writer, artist, and also editor. Ladies and gentlemen, I give you Sean B .W. Parker. Hello, thanks very much. Nice to be here. Anytime. So, how's life? Life's fine. It's in the middle of a heatwave here on the Sussex coast in England, so we're burning up, but getting on with work, you know. Oh yeah, same here. So, have you been up too much recently? Well, I'm constantly editing and writing. It's what I do, and some painting as well. So, at the times that we're not absolutely melting here, I was at the falsely accused day yesterday up in London, supporting other colleagues there outside New Scotland Yard, so that was exciting. Ah, okay. That's pretty cool. So, as a writer, artist, and or editor, how long have you been going on for? Well, I started to write at the age of 14, so back in 1989, and had my first poem published in 1995 in the local paper, and for the last 10 years, since 2014, I've published eight books and contributed to four more. So, I mean, I've been doing it for 30 years, but as a professional, in inverted commas, for about 10. Nice. What inspired you to become a writer? Probably Mr Robert Smith of The Cure, I think, in the first instance, back then in the 80s, understanding the worlds that these artists can take you to. And then discovering Mr Dylan Thomas, the poet from South Wales, was revelatory in my 20s. So, putting those together with various, the fact that when you enter into a world of verse or poem, can kind of take you to another place is very beautiful, and I'm an enthusiast of the English language. And so, yeah, it just all comes from some kind of inside source that you can't really locate. Ah, fabulous. And what about artists and editor? At what point did those inspirations came along? I've always been interested in art itself. I got my degree from the University for the Creative Arts in Surrey, around the millennium, and got a Master's there as well. And my speciality was in abstract painting and video art. I've continued to paint, given a chance. And so that's always been undercurrent. I've never really been out there kind of marketing myself in the art world for unknown reasons, but for the fact that I'm much more confident in writing and it's more flexible and there are more opportunities. But they do go hand in hand completely for me. So, yeah, I don't know if I answered. Yeah, that was a very good response. So where would you see yourself 20 years from now? 20 years from now? Well, I am very much a live in the moment kind of person and I don't go much before next week, beyond next week. But 20 years from now, of course, almost all artists I know would like to increase their reach at any stage. And that's part of what the podcast revolution is all about. And the independent way we can do that these days is fabulous. So you kind of connect up all these things. The albums on Spotify, the books on Amazon, the news on X. And you kind of tie all those things in together with brilliant kind of podcasts like this, who are able to tell the world about it. And there's this kind of subculture of kind of connected streams, which is really interesting. And we'll see what that leads to in 20 years time, if that is the established norm, which I'm sure it kind of will be. Nice, nice. Have you ever thought about living in a world that is literally nothing but gardens? I have never thought about that. But that sounds like a very nice idea and somewhat heavenly. But also possibly without the additions of the modern world, which I also like, like concrete and nightclubs and things. Ah, yes, of course.
A highlight from "They've Taken All My Money From Me!" | Ben Armstrong
"So is BitBoy broke. At least that's what he says. He says he's lost everything and he's asking people to help him. So listen to this. Let's listen to this together. Don't watch the video. Guys, I've been under threat of blackmail. I've been extorted for my Lamborghini. That's gone. I've been under literal death threat. That literally told my wife they were going to put me under the ground, put me under concrete over money. Literally said that I've got a recording of it as well as we have the police report. That's what said to my wife. Remember who's on it. We're all supposed to be protected here. So anyway, so BitBoy says he's broke and that he is getting death threats. We're going to talk about that. We're going to also show I'm also going to show you is asking people to help him and they are actually helping him. He's raised over $100 ,000. We're going to talk about that today. Also on the eve or on the day of the big FOMC, this is where we're at. We've got Bitcoin trading at $27 ,000. And if you look where that is, it is just, I would say, touching that resistance level that Gary spoke about. But I think that this is not the chart that everybody should be watching in crypto. In fact, let me show you another chart. And I don't think enough people are actually watching this chart over here because as long as this chart over here is going down, we can't get into a bull market. So if my predictions are going to come right for September, we talk about that chart that I just showed you. Also, what else have we got? We've got the SEC warning that they're coming after exchanges. Again, look at this. So SEC now warning that they're going to be coming after exchanges. And this time it's not the exchanges that you think they're coming from. They're not going for Binance and they're not going for Coinbase. They're going for the decentralized exchanges. And you may be in trouble if you haven't been using a VPN. So we need to talk about that. Then, I mean, if the SEC are attacking the DeFi and attacking exchanges, they are just blocking adoption in the United States. And I'm going to show you who's capitalizing in the adoption in Asia. You can see that Asia is really, really, really flying when it comes to adoption. We're going to talk about that. And then lastly, I want you to get this story. So there is a story or there is something that's come out of the FTX case. You're going to laugh when you hear this. But Sam Bankman -Fried's dad, Joseph, asked Sam for a million dollars salary and they were negotiating his salary. And what Sam said is, he said, I can't give you a million, I'll give you $200 ,000. And so you know what Joseph said? He said, I'm going to tell mommy. Now, look, if you're not Jewish, if you're not Jewish, now I can say this because I'm Jewish, but if you're not Jewish, you would never understand what it means when they say they're going to tell your mother. Because a Jewish mom can invoke so much guilt in her son that it's probably the worst thing in the whole world. So we're going to talk about Joseph, Sam, Barbara and the whole FTX debacle. And of course, we're going to talk about FOMC. So listen, we've got a huge show today and we've got Annie on the show as well because we've got to decide based on what you guys said. So look, yesterday I asked you guys whether we should join Annie's team, go alone or partner with Kyle. Those are the results. I've got Annie coming on and I think that I think Dylan's also coming on and Sheldon's coming on. OK, so there's a lot going on today, a lot going on today. So listen, let's let's get into the show. There's a hell of a lot to do here today.
A highlight from Mansplaining Bitcoins Difficulty Adjustment w/ Dylan LeClair
"Welcome back to The Mining Pod. On today's show, we're joined by Dylan LeClair, Bitcoin analyst at Bitcoin Magazine Pro. Dylan and I talk about the security budget debate raging on Twitter these days, macro cycles for Bitcoin and how future flows could end up in miners pockets. Did you know that you can make more money by merge mining other networks? Check out MakeMoreMoneyMining .com for information on BIPs 300 and 301, a proposal to bring more revenue to Bitcoin miners through sidechains and merge mining, called DriveChains. Increase your mining revenues and learn more about participating in Bitcoin governance by visiting MakeMoreMoneyMining .com. Are you a miner who wants to activate Bitcoin improvements? Check out activation .watch. See what Bitcoin improvements the Bitcoin community, developers and miners are considering and show support by signaling for one of many BIPs up for consideration. activation .watch.
A highlight from Visa Goes Deeper on Stablecoin Settlement
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Wednesday, September 6th, and today we're talking about big news from Visa. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. So yesterday's episode started with a very brief discussion of a nominally big thing for Solana that didn't push the price at all. What we're going to do today is talk about that thing, which is much bigger than just Solana, and also talk about what it says about the general state of the cycle that we're in. The specific news was that Visa has announced an expansion of their stablecoin settlement to include the Solana network. Visa will now settle some cross -border payments using USDC on Solana. The payments company began experimenting with USDC for treasury operations in 2021. The pilot began with Crypto .com's crypto -linked Visa cards issued in Australia. Visa set up a cross -border settlement channel with Crypto .com, which allowed the exchange to finalize customer purchases using USDC over Ethereum. The expansion of the USDC settlement pilot is being done in collaboration with merchant acquirers WorldPay and Nuvei. This will allow merchant customers to select USDC stablecoin settlement as an option instead of receiving fiat currencies. Now the upgrade to Visa's systems is entirely a back -end improvement, and it's designed to cut settlement times and costs. In a statement, they explained that at the moment, quote, But what they don't see is that the funds used for their purchases need to move between their bank, the issuer, and the merchant's bank, the acquirer. This is where Visa's treasury and settlement systems enable the clearing, settlement, and movement of billions in transactions a day, making sure the correct amount in the preferred currency is received from the issuer and sent to the acquirer, end quote. Now currently cross -border card payments rely on the SWIFT system, which can take several days to finalize. By switching to crypto rails, merchants can receive cleared payments much faster, which is obviously a huge boon when it comes to cash flow management. Visa head of crypto Kai Sheffield said in a Twitter thread, WorldPay and Nuvei enable card acceptance for a diverse set of merchants across the world, including a growing number of merchants interacting with the blockchain and crypto economy who may prefer to use USDC within their corporate treasuries over traditional fiat banking. Visa can now settle these payments to WorldPay and USDC, enabling WorldPay to more flexibly manage their own treasury infrastructure and route the USDC directly to their merchants with less worry about wire cutoff times and bank holidays. It's still early days, but Visa has already settled millions of dollars of USDC over the Ethereum and Solana blockchains between our clients. We are committed to continuing to innovate around how we move money and provide our clients modern options for settlement, end quote. Circle CEO Jeremy Allaire noted that the paradigm shift enabled by using USDC as a settlement currency and not just a payments currency. Also on Twitter, he wrote, One of the things that I am most excited about regarding this new expanded use of USDC by Visa is the fact that USDC is being used as a core settlement layer within the Visa network, a more real -time, global alternative to traversing SWIFT and various ACH rails. More often than not, everyone focuses on the purely retail uses like the Shopify USDC plugin. When in reality, USDC is a generic digital dollar protocol that spans from retail to wholesale across commerce and finance. Our existing mental models for payment systems are dated. An internet -native digital dollar and stablecoin network protocol scales from tiny micropayments in P2P transactions to multi -hundred million dollar capital market transactions, end quote. Now, while Visa has been experimenting with faster USDC settlement on the card issuer side of the business for some time, this pilot extends that functionality over to the merchant settlement side. Now, to bulls, this move seems like a significant step forward in the adoption of crypto networks as a global public and neutral end -to -end value transfer system. Visa currently settles $11 .6 trillion in global payments annually and this settlement use case is precisely what research firm Bernstein envisioned when they made their call in August that stablecoins could become a $2 .8 trillion market over the next five years. So in terms of community reactions, obviously for the Solana bulls, this was a huge deal. Anatoly Yakovenko, the founder at Solana Labs said, I want Solana to be so cheap that it saves Visa money to use it over its own in -house infrastructure. And I want Solana to be so fast that it improves the user experience as well. Lily Lu, president of the Solana Foundation said, We've had a long -standing thesis around payments being only possible on Solana. Fifteen years into the conception of cryptocurrencies and the gradual progression of this use case from forum post to proof of concept to DeFi adoption, Solana meets users where they are today. Click a button, something happens immediately and with infinitesimal cost. This is going to be demonstrated at scale with Visa building on Solana. Now, others focused on the significance from the Visa side of things. Terry Angelos, who formerly worked on crypto at Visa said, Visa is an authorization network and not a payment network. Merchants pay for real -time authorization, security and guaranteed payment. Settlement post -transaction is when Visa moves dollars from issuers to merchants and that can happen on Wires, ACH and now crypto rails. Nick Carter writes, This is a huge deal. Writing on the wall, stables would become de facto interbank settlement solution via card networks. Even my non -crypto fintech friends are fired up about this. This is one of the most important news items of the year. Caitlin Long puts it even more catchily saying, Visa debanks the banks by going around them to settle US dollar payments outside the US banking system and outside traditional USD payment rails. Pilot programs for now, but… Dennis Porter, the CEO of the Satoshi Action Fund wrote, Bitcoin -only people will hate this but it needs to be said. Stablecoins will play an important role in the next wave of financial technology. The dollar isn't going anywhere anytime soon. In fact, stables will strengthen the dollar. Banks will adopt quickly. Now I could and maybe will at some point do an entire show about why Bitcoin and stablecoins aren't at least in the short term competitive. One offers an improvement on the system that exists. The other offers an opt -out of the system as it exists. In other words, they are far from incompatible. Finally, Mert, the CEO at Helios Labs says, The Visa news today isn't just good for Solana, it's awesome news for all of crypto. Slowly the Overton window is shifting and more financial activity is moving on chain. So this must have caused a huge price run up, right? I mean, this is big news. Nick Carter called it one of the biggest pieces of news of the year. Alas, Solana was up just 2%. Crypto trader Gumshoe wrote, In a bull market, Solana would have jumped over 100 % with all the crazy news of the past two weeks lol. The other news that he's referring to was Solana Pay integrating with Shopify two weeks ago. Trader Horse writes, The sole response is a good indication of the current market environment. Imagine what this post would lead to during any other point. Instead, price is listless. This is not a supply issue. We just don't have any buyers. The news should excite long -term investors, however. Teams that are still grinding in the bear get rewarded in the bull. Now I weighed in on this yesterday as well, tweeting, People looking for prices to move up on good news right now are totally missing the part of the cycle we're in. Until new buyers come in, it's sideways or down only. Doesn't mean good news isn't still good. It's just not going to show up in price. Now in the particular case of Solana, there is a general and specific context. The general is what we just talked about and where we are in the cycle. The specific is that Solana is dealing with the overhang of the FTX estate having $1 .1 billion worth of Solana in their coffers right now. That's something like 13 % of the total supply. Reinforcing the contrast between news and energy, even as all this was happening, Solana's daily active addresses fell to around 204 ,000 at the end of August. That's the lowest level for the metric since the block began tracking it in late 2020. Rebecca Stevens, data analyst at The Block Research, put the reasons pretty crisply saying, The Solana ecosystem was already seeing a decline in active users prior to the collapse of FTX, but the fact that the blockchain had such strong ties to the exchange and Alameda Research hurt its reputation a bit. The SEC alleging that Sol is a security also hurt the token's price and has caused it to be delisted in the U .S. on several platforms like eToro and Robinhood. Now overall, the block's monthly exchange volume measurement hit its lowest point so far during this cycle in August. Just $423 billion in volume was moved through centralized exchanges last month, falling below other recent low points in May and December. The lack of trading on exchanges was punctuated by Binance falling below $200 billion in monthly volume for the first time since November 2020. Now this lack of activity extends to Bitcoin as well. Dylan LeClair tweeted, As a percentage of circulating supply, Bitcoin moved in the last 30 days is at an all -time low of 5 .4%. Meanwhile, spot volumes are at levels not seen since 2019. Saying this market is thin currently is an understatement. Reflexivity Research co -founder Will Clemente writes, Crypto aggregated trading volume is the lowest that it's been since 2020. Google's search trends for Bitcoin and crypto at multi -year lows. Realized volatility, implied volatility, weekly Bollinger Bands, all near record lows. This is exactly what apathy looks like. Now Kaleo pointed out that although this is brutal, it's not necessarily out of sync with the cycle. He wrote, Centralized exchange volumes haven't been this low since December 2020. Daily average volume is down from $164 billion at peak to around $13 billion now, a 92 % decline. For reference, the peak in the 2017 bull market was around $28 billion, with an average of $2 .5 billion per day six months prior to the 2020 halving, a 91 % decline. So after all of the centralized exchange trauma we've seen over the past year, we're still in line with a similar trend to what we saw last cycle, despite how rough it may feel. Still, I think it's worth noting comments from Kobe given during the height of the bull market. On the Up Only show, he said quote, You need to have the same level of interest when everything is really boring. The main way you have to make it is to try to perpetuate your interest through the boring bit. The boring bit is where the opportunity is. Now of course, one of the things that people anticipate could bring some new blood in is that fabled Bitcoin spot ETF. So an update on that front as well. After winning a comprehensive victory in court last week, lawyers for Grayscale have written to the SEC to ask them to get moving. According to Grayscale, the court ruling was so comprehensive that the SEC has quote no grounds for treating the Grayscale Bitcoin trust differently to Bitcoin futures ETFs. They wrote quote, Now the letter anticipates a change in tactics from the SEC who may choose to introduce new reasons to prevent Grayscale from converting GBTC into an ETF. The letter stated that quote, Grayscale pressed home the importance of resolving this conversion in a timely manner given the number of rival products clamoring for approval. The letter noted that the SEC may have now exceeded the time allowed to refuse an application, reserving their right to argue in court that the conversion should now be deemed approved. Grayscale argued that quote, Finally, they requested to meet with the SEC as soon as possible to discuss the path forward. James Safart, ETF analyst at Bloomberg said, Now even as the ETF situation works to be resolved, there is clearly some jockeying for positioning as it relates to renewed or new institutional interest in the crypto space. As a for example, Coinbase has launched a new crypto lending service aimed at U .S. institutional clients. The service looks to fill in the gap left by the Genesis and BlockFi bankruptcies. An under -the -radar SEC filing made last week disclosed the program already has $57 million in client funds. According to a person familiar with the service, clients can lend out their crypto assets on an over collateralized basis to Coinbase. The firm can then extend those crypto assets as loans to institutional trading firms. This is essentially the same business as prime brokerage in the traditional finance space. Now, unlike the canceled Coinbase Lend program, retail customers are explicitly excluded from this service. By catering exclusively to accredited and institutional clients, Coinbase is able to offer the service under less onerous regulatory requirements. Honestly, one of the big takeaways is just what a big gap has been left by Genesis in the U .S. institutional environment. However, as you'll hear in an interview coming out later this week or maybe even later today with Hani Rashwan from 21Shares, that institutional interest may be far less gone than it might currently seem. However, that is going to do it for today's episode. I appreciate you listening as always, and until tomorrow, be safe and take care of each other.
A highlight from LGM Podcast: Pennant Races Wind Down
"Well, let's go. Here you have your money. You want... $10 ,000? Yes, the services, hamburgers, salads, pasta, lamb, and when you buy a house, you're suspended from your car, and you have work to do. And that's all you need to do to have a DUI. Well, and what do you want? A propane? Don't pay the price of your money, you can't sell it. Don't pay the price of your money, you can't sell it. Also, all of the marketing possibilities with your home team. Hello, and welcome to the Lawyers, Guns, and Money podcast. This is Eric Loomis, and I'm here with Rob Farley and Scott Lemieux to discuss the general state of sports right now, particularly baseball, probably a little bit of football. Gentlemen, how are you all doing? Very well. There's also an obscure politically relevant hockey topic I could bring up too. We could always talk hockey around here, which might be more of a monologue for you, but hey, that's... Hockey and racism. That's the game on ice. But it's been a lot since we talked about sports here. Right now, it's August 30th is when we're recording this, and baseball is reaching its pennant races, or playoff races I guess is more appropriate these days. They're very interesting this year. Particularly, I think we should start with the official or unofficial perhaps team of LGM, which is our Seattle Mariners. So, what a run for the Mariners, and I was wondering what thoughts you guys had about what's going on here and maybe talk about the ALS generally. Well, as Eric and I, I don't know how many times I had this conversation earlier this summer, I was just brimming with confidence about the Mariners, particularly that offense. Every time Dylan Moore came up in a big spot, it was just great. No, I was... I was kind of on the fence. I know on our major league preview, Dave was pretty optimistic, and then I think the rest of us were like, consciously optimistic, but perhaps a little more skeptical, and I think I might have been the most skeptical. And then really for the first half of the year, the team was actually worse than even I had anticipated. Good pitching, but just really desultory offense. Particularly with Julio being a little off, and there's not just much else going on. The Mariners having their annual second base disaster, the curse of Sean Figgins, showing up in Colton Wong. What was his final slashline? It was genuinely horrific. Yeah, like I just... And one thing to see, Jesse Winkers also on his way out of the league. You know, so it ended up being kind of a wash no trade, but boy what a disaster it was. I mean, it was not a bad move. I mean, yeah, so he had a 241 on base, 227 slugging. And one year ago, he slugged 430, and the year before that, 447. I don't know what it is that happens when the something about the Mariners and second base are not mixed. And Adam Frazier was awful for us last year, has been a perfectly competent member of the Orioles this year. So I don't know what's going on there. But anyway, and it's weird that the team almost turned around when they released Wong, not saying he was the only problem there. But you know, and what's interesting is that the pitching staff has been excellent all year. And I think that the Mariners rotation has been top three in ERA all season. And I believe they're now first in the majors in the ERA. I may be wrong, but it's close, if not so. Really, really strong rotation led by Castillo. Scott's surveys always has good bowl pens. And one thing is that they were able to use their annual pump and dump, sort of creating a closure out of Paul Siewald and trading that for a couple of useful depth pieces that they really needed, even though they've had a little bit of problem in the back end. So yeah, it's surprising, obviously led by Rodriguez. But obviously, it's been really encouraging how they've played over the last couple of months. And it would be nice if they could win the series against the A's as the rubber match is ongoing as they speak. But yeah, it's been pretty exciting over the last month. And I'm looking forward to going back to the park. I mean, it's interesting. I think that when they traded Siewald, it was sort of like, well, what really is Dominic Canzone and Josh Rojas? I mean, they seem like a couple of marginal players and they actually played pretty well, both of them in Seattle. But I mean, it seemed like what they did ultimately was just give him, give service a lot more platoon options and a lot more mix and match stuff that he's been using at the back end of the lineup so that if it makes sense to go more or Matt Ford or Caballero, then that's fine. But Cade Marlowe has been a pretty good call up. And then Canzone and Rojas, I mean, that's a lot of options, each of which is functional to slightly more than functional in the right circumstance against the right pitchers. And I think that makes a lot of sense. And then, you know, Telenik will get, you know, should be back here for whatever that's going to really be given that he was, after that good start with sort of sliding back into his usual suckiness as the season went on. But they should have a lot of options in September. So I think it'll be, you know, I like the way the team sort of made moves mid -year to change its construction, even though, as you say, is Munoz really a reliable closer? Well, it's been a couple of times where it doesn't seem to such so. But, you know, but you certainly have to like where the team is in a three -way tie for the West with cratering a Rangers team and an Astros team that, of course, is going to remain competitive, but has its own flaws. Yeah, I mean, this is this is such a remarkably interesting division, right? I mean, and, you know, one of these teams is not going to go to the playoffs, right? I mean, we're operating in the assumption we're going to have a division winner. We're going to have, you know, one of the teams is probably going to be the wild card, but one of them is not going to go to the playoffs. Well, no, no, because there's three wild card teams now. Is it three wild card teams now? Yeah, so Toronto, I mean, you know, somebody's going to be out, but it could be, it could be the Blue Jays. Oh, okay. You see, I was this was a rules update that I was unaware of. But, yeah, the season ended today. Seattle, Texas, and Houston would all be in and the Blue Jays are actually three and a half games behind the Astros. So that's they're actually have work to do. Yeah, that's that's actually quite interesting in terms of the National League as well. But I think the more critical point about this particular division is that, you know, you have you have one of the worst rosters in the history of baseball in this division. And I would I would hazard that the Oakland A's are not the biggest train wreck in this division, right? I mean, I think that the the Angels, you know, are having one of these catastrophic seasons that even though they're not going to end up the worst team in this division because of the A's, you know, this is this is a sort of great train wreck of a team in terms of its wasted potential, catastrophic its complete use of two of the biggest stars, two of the most talented players, not just in Major League Baseball, but in baseball around the world.
A highlight from IP#499 Gil Bailie The Apocalypse of the Sovereign Self on Inside the Pages with Kris McGregor Discerning Hearts podcasts
"Discerninghearts .com presents Inside the Pages, insights from today's most compelling authors. I'm your host, Chris McGregor, and I'm delighted to be joined by Gil Bailey, who is the founder of the Cornerstone Forum and a member of the Fellowship of Catholic Scholars and the College of Fellows of the Dominican School of Philosophy and Theology. He is the author of God's Gamble, The Gravitational Power of Crucified Love. With Gil Bailey, we go inside the pages of The Apocalypse of the Sovereign Self, Recovering the Christian Mystery of Personhood, published by Angelico Press. Gil, thank you so much for joining me. Thank you so much for having me. Pleasure to be here. It was just wonderful being able to dive into the pages of The Apocalypse of the Sovereign Self. I found it to be so provocative and also very compelling. It's one of those kind of books that causes you to look at things through different, maybe clear lenses. Does that make sense? Well, I hope so. That flatters me, but that was my intent. It's a complex problem we face, but I tried to lay it out in a way that would be at least interesting to the reader. Now, I should bring out the full name, including the subtitle, The Apocalypse of the Sovereign Self, Recovering the Christian Mystery of Personhood. Could you break that open for folks and help them understand why this is such an important subject right now? Well, first of all, before you get to the two, really two halves of the book, the first part, The Apocalypse of the Sovereign Self, and the second part, Recovering the Christian Mystery of Personhood. We're in a civilizational crisis, and it's a political and a political crisis, a deep relative to moral and spiritual crisis. And my friend and mentor, Rene Girard, summed up in one of their books when he wrote, No one takes the trouble to reflect uncompromisingly on the enigma of a historical situation here that is without precedent the death of all cultures. Now, that's a sweeping statement, but it's like statements made by Benedict XVI on Balthasar and others. It recognizes the unique depth of the crisis that we've been entering into for a long time. I think one of the key features of this crisis is that we have failed to recognize and do justice to the very thing that sets us apart, sets our human beings apart from the whole created order, namely our religious longing. It's a longing which cannot be extinguished. It's the only question of orienting it towards its fulfillment or squandering it on idols. And in our time as faith has receded, many are eager to reflect before any ideological fraction that promises to relieve the boredom of not having a real collision. So that's the situation we face. And in the first part of the book, I try to draw it out in that chapters are, you know, I'm not an academic. I have a law degree and I never practiced law, but I began reading Western China many, many years ago. So the way to make this crisis intelligible and easy to recognize is I lay it out in chapters where I talk about people like Bob Dylan and Theresa Mitzvah and Flannery O 'Connor and Virginia Woolf and Descartes and Rousseau and Nietzsche and T .F. Eliot and Freud and all these. But in each of these chapters, I try to tease out one of the facets of spiritual crisis. And in the second half of the book, there's an edition on something. I mean, the way to summarize it is from Romano Lardini wrote in the 20th century, a book strikingly entitled The End of the Modern World. And in it, there's something that summarizes the second half of the book. Well, it actually connects the first half and the second half. And I'm going to quote it to you. The knowledge of what it means to be a person is inextricably bound up with the faith of Christianity. An affirmation and cultivation of the personal can endure for a time perhaps after faith has been extinguished. But gradually, they too will be lost. So the knowledge of what it means to be a person inextricably bound up with Christianity came into our vocabulary, our intellectual vocabulary. When Tertullian defined the Trinity as three persons and one God. So the word self and the word person are not only not synonymous, they are antonyms in a way. A person called in sin. The self is an antonymic creature who regards the will and the essential component of this being. And that whole triumph of will to coin a threat, not to coin a threat, but to pick up on Christ, so to say, with Nietzsche and Hitler. We think everything depends on our will. And I don't have a quote in front of me, but in the Casey decision, I think it was 1990, the Supreme Court said in the majority opinion that everyone has a right to use their own reality, to define reality. That's Nietzsche. That's that, of course. Right. But now it's become part of our it's what it's what a lot of people believe. And that's why we have friends, gender nonsense and who knows what else. But you can just make it up as you go along. If it's your reality is entirely up to you to determine by an act of will. And it's unbelievable what comes of that. And what we have to understand is that we are not the world does not conform to our will. We conform to our own. We are called in them. So anyway, the crisis we're living in is a crisis that became cultural with Nancy and Piddler and so on. But now it's become conventional in the sense that triumph of the will is everywhere. It's at one time, of course, and it's degradation of our real person to be a person is to be called in sin. And I think it's imperative we understand the predicament that we're in. And I think that's really important. I think for most in the culture today, for several generations, at the very least, if not many more in that we've never had the types of conversations in our formation, our educational venues about this particular subject. I mean, you spoke of a great friendship you had with Rene Girard, an important figure, philosopher, teacher, Stanford, and some would say a theologian. I know that Bishop Baron referred to him as one day. He may be considered, as he said, a father of modern theology because of what he described as that mimic theory that we as individuals and not necessarily as persons, because there's that distinction between the individual and what it is to be a person. And you knew him very well. That whole understanding of, as some would say, the mimic theory. What are your thoughts about that? Well, it was a great privilege to know him and he dispensed with him for decades. And I think his work will take a while, like all great thinkers. It takes a while to sort itself out. The first take on Girard is that it's all about violence and imitation. And of course, in some way it is. And my first book was all about that. But there's so much more to it. And one of the things I tried in this book is to expand the understanding of Girard's his favorite theologians are the same as mine. It was John Culver II, Benedict, Van Valken, even though Van Valken had some complaints about Rene's early work. And that's before the real theological implications came out in its later book. But he had great affection for John Culver II and especially for Cardinal Ratzinger, Benedict XVI, but also do it again, and so on. So I try to integrate Rene's work with these theologians. And I think it helped fill out a deep Catholic understanding of our crisis. And so I think we're in a difficult situation. But we have been given intellectual and spiritual giant whose work now we can make available to ourselves that would reckon with the predicament we're in. Well, I think that's how Rene Girard and how someone even like a G .K. Chesterton, for example, they were able to challenge them in their early lives when they looked at literature, when they looked at art and those popular cultural icons, those types of works that had deeper meanings to them. And they were able to see certain truths and certain movements and things. And then they came out and then they expressed it, why it touches the human heart in certain ways, either for good or for ill. And they were able to distinguish that. And I think that's the importance of looking at those figures who have a gift for that. And you do that, like you said, whether it's Bob Dylan or it's Flannery O 'Connor or even someone who captures the heart and imagination of the world like a tres. What is it that they're trying to communicate to us in? What is the potential, the beauty, the good, the true, but also the warning that are contained in their expressions of their works? And I think that's what you're trying to do in the book, in each of the many, many chapters that you have on those different type of whether it's literature or it's prose or, again, even in music. And so I think that is a wonderful way to go about it, don't you? You know, I'm so happy you mentioned it because it reminds me of something that I think your listeners might be interested in. It's a way of approaching the situation we're in. von Balfour Jarre, in one of his writings, says to human history after the Christian revelation, consist of a mutual intensification of the yes and no to Christ. Now pause and think about that. History after Christ consists of the mutual intensification of the yes and no to Christ. If that seems to require too much theological sophistication. Bob Dylan said something exactly like that in this 1979 song, God Accured Somebody, in which he said, it may be the devil or it may be the Lord, but you're going to have to bury somebody. So both the theologian and the popular poet listed only two choices. The theologian said it's the yes or no to Christ, and the poet musician said we're going to end up serving either the devil or the Lord. Now where Testament comes in is the Testament said once that if everyone, I'm going to paraphrase him because I think it's a little punchier to say this, like if everyone lived a thousand years they would all die Catholic, which is the paraphrase of what he once said. And the reason is, I would say, he didn't spell it out, I'm going to, if we had a thousand years of experience to look back on, we would realize that all the little choices were made along the way were in some small way the yes or the no to Christ, or the choice between the devil and the Lord. And then we would understand, if we had a thousand years of experience, that the drama of history is the mutual intensification of yes and no to Christ. And the implication that for our time and thought is that as the world becomes more emphatic in its projection of Christianity, we have to become more compelling in our sense of Christ in its church. over spiritual 3000 formation programs and prayers, all available to you with no hidden fees or subscriptions. Did you also know that you can listen to Discerning Hearts programming wherever you download your favorite podcasts, like Apple podcasts, Google Play, iHeartRadio, Spotify, even on Audible, as well as numerous other worldwide podcast streaming platforms? And did you know that Discerning Hearts also has a YouTube channel? Be sure to check out all these different places where you can find Discerning Hearts Catholic podcasts dedicated to those on the spiritual journey. Discerning Hearts is your gateway to a deeper understanding of discerning life's mysteries and growing deeper in your relationship with Christ. Your likes and reviews not only affirm the value these podcasts bring to your spiritual journey, but also help others discover the guidance and inspiration they seek. Share your thoughts, spread the word, and be part of a community that's committed to elevating hearts and minds through meaningful conversations. Your feedback fuels our mission to help others climb higher and go deeper in their spiritual growth. Like, review, and let your voice be a beacon of light for fellow seekers on this spiritual journey. We now return to Inside the Pages. We're talking with Gail Bailey, the author of The Apocalypse of the Sovereign Self, recovering the Christian mystery of personhood. To understand the importance of what it is to be a person, the Church Fathers didn't use until it was really brought into the context of the Trinity, the three persons, as you pointed out. But what is the Trinity? It's relational. It's a relationship. There's an identity, but it's also in relation. So when Dylan talks about whether you are to serve, you got to serve somebody, it's either going to be the devil or it's going to be Christ. And that entails when you serve, it's going to be relational. You can't get out of it. And to say that I have this individual autonomy all to myself to do and think the way I want to, it's to negate the relationship. And you can't get around that. But yet that's what the culture is implying, isn't it? It is. And one of the things that's lost in that emphasis on self and self -will is the idea and this is involved with our great contribution, the idea of the field drama that we are in, we live dramatically, we're part of a drama that's unfolding and our task is to live and our task is to fulfill the obligation that are incumbent upon us as members of the cast. We have to live in such a way that we ourselves and our loved ones and spreading out for those we know or maybe those of you catch a glimpse of us coming out of the church on Wednesday morning and wonder what the heck are people doing in church on Wednesday morning. Whatever it is, we have an obligation to live in the drama on behalf of Christ in this church in whatever way we can. Whatever our role in life, our vocation in life, our situation, there's always an opportunity to be an icon of Christ and to contribute to the historical field drama that way. And for years I've quoted the 13th century Islamic poet Rumi who said, and I'm gonna quote, he said, be like one who when he walks into the room, luck shifts to the one who needs you. And there's a Christian analog to that which is of course St. Peter who said always be prepared to give an answer to everyone who asks here to give a reason for the hope you have. So we have to be beacons of a hope that may be totally puzzling to others but if we live in such a way that it's compelling, they will at some point want to find out how we tend to have that hope and a conversation can be had that could be very fruitful. So we live dramatically, not in some self -conscious way or in a physical way, but our lives should be evangelical in the sense that we should be willing and eager to allow anyone who cares to know why it is we had hope even when the situation is, it's never hopeless, but is dire as there is today and may very well be more so in the future.
A highlight from ETF Watch 157 - BRICS Brings Up Bitcoin
"My fellow Plubs, River is setting a new standard in Bitcoin. At River .com, you'll pay zero fees when you dollar cost average. Truly the best way to build your Bitcoin wealth. All Bitcoin at River is held in secure cold storage with 100 % full reserves. There's no need to wonder what's happening behind the scenes. Your Bitcoin is your Bitcoin to withdraw at any time. Additionally, River lets you make Bitcoin payments via the Lightning Network, offers a Lightning integration for developers, and allows you to mine Bitcoin directly to your River account. River has a level of service that is unheard of in this industry, including phone support, private client advisors, and the ability to designate beneficiaries to inherit your Bitcoin wealth. River has become the premium name in Bitcoin that anyone can easily access. Sure, you have a place to buy Bitcoin, but have you tried River? See and feel the difference at River .com and the River iOS app, the preferred partner of Bitcoin Magazine. Thank you, Miami, for the last three years in this amazing city. The whole world shut down, but Miami welcomed us with open arms. We want to show Bitcoin to the whole world. We are taking the conference on the road to set the stage for Bitcoin in a new city. Nashville Bitcoin 2024 is coming to Nashville in Tennessee, a city that is known as a music and freedom city. Bitcoin 2024 in Nashville, from July 25th to 27th. And more news out of China. What's going on, Nolan? Big news week. The dog days are over, it looks like. Summer coming to an end. Looks like people are back at work. So much happened this week. Crazy. Yeah, like you said, you've been waiting for the BRICS summit, so we have a bunch of news out of the BRICS summit. That kind of marks the end of the dog days, as well as Jackson Hole going on. But we have no news out of Jackson Hole until tomorrow, so we're going to have to cover that on next week's show. But those are kind of the capstones, I think, to the dog days of summer, wouldn't you say? Indeed. We've got our Labor Day weekend coming up, which I think marks the real sort of back to business. I know that our own event, Bitcoin Amsterdam, October 12th to 13th, really trying to harness that sort of back to school spirit, and you're going to see our agenda is going to be published that second week back. We're going to be publishing a public agenda. Still be a draft version, of course, always a possibility of changing things, but everyone out there can look forward to that mid -September, and we're going to be talking about energy policy in Europe. We're going to see if Greta, what she thinks about our agenda, and if it's in line with her goals for Europe. I don't know if she's going to be happy with what we have to say, but we hope she's invited. We're inviting Greta this year. Open invitation. Open invitation, yeah. All right, cool, guys. Well, if those topics sound good to you, make sure you like, comment, subscribe. We do have our Rumble versus YouTube battle to see which platform we can get the most views on. And another plug for me up front, Bitcoinandmarkets .com. That's my website where I do another podcast, my Bitcoin and Markets show. And check out the Telegram, where we go back and forth all day about macro, all sorts of macro topics, not just Bitcoin, but the last couple of days, we've been talking demographics over there. So check out t .me forward slash Bitcoin and Markets. All right, let's dive into Bitcoin, Nolan. So the Bitcoin price, we had the big dip. I think during the show last week, we were just starting this dip down. We sure were, yeah. And I think it happened the first time I checked after the show, it just kept sinking. Yeah, but the volatility only lasted for about 36 hours. And then now we're right back down straight to flat, no volatility left. People are waiting for a BART to form, an inverted BART, I guess you could call it. But we haven't seen that yet. So what are your thoughts on price? You can see on this chart, I have the red line for the September 1st ETF deadline that we'll be getting into here in a second. But yeah, what are your thoughts on price? Yeah, this last week really did surprise me. I was not mentally even charting this. I thought it was going to be bounce along in a tighter band than this. But I thought, again, it was prescient to what you were saying last week. So I've got to stop ever even doubting your predictions because you said if it broke and it broke, it tumbles and it tumbled. Whereas I said, no, it'll go back up and stay in the tight band. And no, indeed, we fell off the bike here, it looks like. Well, I have been very surprised with the thud that it created at the bottom. There was no bounce at all. It just like splat. And now it has been flat again down here just above 25 ,000. We'll see if that holds. What else did I want to say about this? Well, let's go to the next slide because a lot of... I think it still feels the same way. As a Bitcoiner, I have that feeling of just don't have the capacity right now to even manage the bounces, which is typical of this time in the cycle. We've all sort of survived a few years of downward trend. So the whole industry feels seized in this same tight band. Yeah, I mean, the behavior of the price is very interesting and a lot of people are speculating that it's because Binance is selling systematically off their Bitcoin to protect the BNB coin. And if we go to the next slide, that is the BNB. And you can see, you might have to take our heads out of there, Chris. The BNB, it was trying to hold about 220. It has touched, I think, all the way down to like 203 or something now. But it is the only coin in the top 20, say, on CoinMarketCap that is green. Everything else is red for today and it's very interesting. I think this does look like a defense of BNB. People are comparing this to an FTX, the FTT token, their FTT token that collapsed. What are your thoughts on this? Do you think Binance is about... No, no. So from my perspective, so I'll just give you a bit of market sizing here and why this could make sense and even something I don't think I've ever mentioned to Dylan, but it's something that I saw famously Dylan, of course, with Bitcoin Magazine published last November. His predictions on BNB in line with what we saw with FTT. I get it, right? We're dealing with two big exchanges here. Now, at my time at Kraken, when I worked in the strategy division of Kraken, one of the things we did indeed was look up the market sizes, the market characteristics. always So I had questions about what was going on over at FTX because there was no business there. There was some other business that they were doing, but it wasn't like get a bunch of people in the door and get them trading and slinging shitcoins. Now, with Binance, that's really what is happening. They have a huge user base, like unbelievable user base. And if you think about the Binance coin for a second, look, it doesn't really matter up or down. It should make money when it sinks because it's just about transaction. It's like loyalty points for transactions, right? You pay fees with the coin and it's got its own internal market within Binance. They also force companies that want to list on Binance to hold a certain amount. So there's sort of a business backing to this coin. It isn't just like, oh, look, I'm wicked rich and Tom Brady works for us and you borrow my coin and I borrow your coin and we all just be OTC trading together. The difference always is in the character of the people, you know, CZ, look, I get why a lot of people would say shitcoiner, right? I get all of that. And that's true. And you don't need to defend him on that. But about what SPF did, like going out of his way to rob people. No, we're not dealing with a thief here, right? Like whatever I have to imagine for what's going on inside of Binance, it's in probably the best faith possible. I just don't imagine. Now, I could be wrong. I have zero proof, right? Other than what I've seen in the market, other than what I've seen the company do, other one that I've seen from CZ himself. I've been lucky enough, you know, over the years before Binance, during Binance, early days of Binance, I've interacted with him a bunch. Look, he's not a criminal. He's not a criminal, right? Now, that doesn't mean he's innocent. It doesn't mean anything. It's not the same scenario. There is a credible reason why the coin would go up. It's just basic economics. It's for trades. People getting out of their positions and shitcoins into Bitcoin makes him money. It does. And it makes the Binance coin money or whatever, right? Like a market stampede also makes that coin, you know, it's transactions. So it's relevant. So more transactions equals the coin does stuff. Now, again, all I'm saying is there is a credible scenario. I have not checked it. I have not analyzed any of this stuff. On -chain, off -chain, forensically, nothing, right? It's really just, is CZ a criminal? Because the criminality was a big part of what went wrong in FTX, right? The criminality, the political influence, that's all a big part of the story here. That's why we weren't dealing with an exchange that had millions upon millions of retail users around the world. Binance really does have that. This is not smoke and mirrors. They're not trying to, you know, oh, you know, some people are on exchange. The web page of binance .com is one of the top visited web pages on planet Earth. On the planet. So, you know, it's credible that the coin would buck the trend only because it's like readership at a media company in a way. It can go up during a market crash, right? Well, it could also be, like you were saying, the coins listed on Binance, they need to hold a certain amount of reserves of BNB. Well, those coins themselves could be in trouble. So, it wouldn't necessarily have to be Binance as an institution or CZ as an individual. It could be any of the other institutions that have coins. You got it. Because these are all centralized and all that stuff. Also, I remember when FTX went down, I said that I thought Binance had a much more legitimate business. And they serve a big function in the space being connected with East Asia, right? Being connected with China. And so, this is, I don't see it as an FTX, but it's possible. We have to keep watching and see what happens. Yeah, any other thoughts? Yeah, even to reiterate the point of view on the character of CZ. Now, again, anything is possible here. But I think he deserves as much good faith assumptions as someone like Brian Armstrong gets, right? Who people just imagine. But I mean that in a complementary way. No one out there is saying Brian Armstrong is a lying, scamming. Oh, I do. Okay, well, I'm wrong. Sorry, then. Well, then I miss the perception. What I mean to say is I just wouldn't put him in that category. Well, most people out there, Brian Armstrong is a legitimate businessman. And I don't think that he is, like even in the court case or in the lawsuits against Coinbase, it's not being alleged that they were like openly trading with customer funds or anything like that. Coinbase was just partaking in this staking scheme. So, yeah, I don't see Brian Armstrong as nearly in the same school as SBS, for sure. Yeah, that's all I want to say is that we can get clouded as Bitcoiners when we look at industries and the principles of scam coins and all that. I'm totally down with that. I get it, right? A lot of these things are scams. Bitcoin is a different situation and I get why people want to reiterate all the time. But even within the world of scam coins and the people who do business over there, there are legitimate people who want a better world and whose worldview are aligned with the most maxi Bitcoiners out there. And so I just mean to say he's one of those guys, right? That's my perception. CZ is here for the overall Bitcoin standard implementation in the world. And I don't think he's trying to make a buck off of Binance coin. I think it's good that it worked and it was good for business and probably wants it as marketing.
A highlight from Danielle DiMartino Booth: Economic Storm and Debt Collapses Approaching
"The cycle bankruptcy picked back up in earnest. It was like we turned the corner to August and all of a sudden you've got all these companies going. And there's there's the threat right now of Rite Aid and WeWork. These are big companies. Welcome to the Coin Stories podcast, where we talk about investing, hard money, Bitcoin and how technology is revolutionizing the global economy. I'm Natalie Brunel and I'm only none of the discussions should constitute as official investment advice and you should always do your own research. Make sure you're subscribed to my page so you don't miss out on any new content. This show is made possible through partnerships with companies I trust and I'm very picky about who I partner with. So I hope you take the time to listen to the ad reads throughout the show. First up, Swan. I partnered with Swan because it is a Bitcoin only company that is focused on helping people save for their future and self -custody their Bitcoin. Swan can help you start a direct deposit to take advantage of Bitcoin as a savings technology and learn how to take it off the exchange. Swan also offers retirement planning with an IRA, tax loss harvesting and a white glove private client service. I use Swan to dollar cost average and I deposit a little bit every day that's equivalent to what I might spend on a meal so that I add to my future nest egg and lower my yearly cost basis. To learn more and get $10 in free Bitcoin, head to swanbitcoin .com slash Natalie Brunel. All right. Next up, Bitcoin Amsterdam. The biggest Bitcoin conference in Europe is just around the corner. The second annual event will be held October 12th and 13th and will bring together speakers from around the world, including the one and only Edward Snowden, plus Stella Assange, Balaji, Dylan LeClair, Eva Vlaardinger Broke and so many more. Get your tickets with a 10 percent discount using code HODL, H -O -D -L. And don't forget to get your early bird pass to Bitcoin Nashville 2024 at the best price possible. Again, code HODL for a discount. I'll see you there. All right. It's time for the show.
A highlight from He's Fired!! (We Had No Choice)
"So, Ryan said that if we were one second late for the morning call, then you're kicked out of the research group and you basically can't ever come back. There's no redemption. Wait, am I allowed to swear? Yeah, I'm allowed to swear. This place is full of shit, bro. You ask and if you ask, there's no way back into the call. There's just no way back. It's finished. So if you get kicked out on the morning call, you're not coming back. So I don't care who you are. I don't care whether you're the host or not a host, we're now making this call live at quarter past. We expect everybody on at quarter past. If you're not on by 20 past, you're out and if you're out, you ain't coming back in. We need to show up on time. We need to show up prepared and the one thing I'm not going to tolerate is people arriving at the morning call as passengers. People arriving at the morning call with no alpha and no value add, just thinking that they'll sit there and comment. I don't accept that shit. If you're not here at quarter past nine, you have five minutes to get on and get the legs. If not, you're out and if you're out, you ain't coming back. We are all there at a certain time every single day and we expect that everyone arrive on time and prepared. So, I mean, I made a rule now because people kept coming late, certain people, I'm not going to mention names. So the morning call is the whole team jumping on in the morning and preparing what's the top news, what's the top coins and I think a lot of people work here just to be on that morning call and this is because of me. I couldn't find the link, I was seven minutes late and now I am in shit. That's it. If you're not there five minutes after the call starts, you're out and once you're out, there's no way back into the call. Don't tell him, but I was 14 minutes late today. I don't think he noticed, so we'll see. Thank you if you are. Thank you if you're Kyle, Sheldon, Rand, Miles, I don't give a shit if you are. Anyway, let's carry on. In the military, there are people getting on. You see a few NBA players, you see a few pretty big gamers. It's too hard to use. I mean, if I lost like $20 worth of ease trying to do it, believe me, people have lost a lot more. Yeah, there's problems. We have major technical issues, as usual. I don't know what to do. I'm serious. Do I just go live like this? I'm luminescent. What else am I supposed to do? This is fun. It's important. We've got to do it. I don't know what to do. This thing is like we already meant to have started two minutes ago. And now Alistair's frothing here with excitement that there's problems. Look at him, salivating like a bloody Kardashian cameraman. Hi, Rand. We're having trouble with the green screen, getting it set. We're doing that thing where it's either the host or the green screen. Can I be adjusted your colour, your green for the preview? Yes. Preview. Wait, there we're back. We clicked preview. It worked. Now, on the black magic card, press the find button. On this thing? Yeah. That one? Yes, press that button. Okay, I'm there. It worked. Well done. You're a genius. This is why you own this company. He's not impressed. He's having his breakfast and matcha and we're late. What can we do? Guys, let's just quickly close off over here. Remember, we do have the morning call as well, which is right now. That is on the Banta Bubbles chart, the newsroom. You can go there. Sign in right now. The call has just begun. It's capped to, I think it's 500. So make sure that you jump in. I see someone says that Karl's going to be late. Yes, I'm going to be late. I'm still on the show. I'm paranoid if I'm late. I'm out. That's where you can hear Rand shouting at people. So if you find that a good time, then make sure you join. There is also a lot of alpha in the group. I've got a problem with it. The problem is that you're not accountable in any element. The language is done. I don't get my translations. The influencer campaign is two weeks old. I can't get involved in it. I just need results. Just need results. I can't get involved in the process. Can't get involved in managing the resources. That's what you need to be doing. So I've given you four things. Now you need to focus on those four things. One, the tech must work. No bullshit, no downtime. Make sure the tech works. You've had millions to know on this tech. No bullshit, no downtime. The ability to patch guests in seamlessly during the show is important. Can't carry on in the middle of the show, interrupting the show, not being able to share screens, audio is not coming through. That needs to be fixed like now. Your responsibilities are very simple. The tech in this office must always work. Must be seamless. I called me in, gave me more work and less time and layered through the deliverables and just basically said that none of the tech should ever give a problem ever again. And it's quite hard to agree to something like that because that's not how tech works. I don't need to know the process. I don't need to know the issues. Everyone else here gets their job done. They manage the resources to get the job done. I'm expecting the same from you. Okay? If I risk doing it and I mess it up, it's a big thing. So I need to get someone who's got the knowledge and has the experience to do it. It's a nice statement, but it's not possible. In some situations it's not. All I do is kid -shadow them and how hard I push on both sides. Is that just the reality of life? It's the reality of life. I don't hear it from anybody else. I don't hear it from you. I don't take it personally. I find as a teacher it's fascinating to learn, but if you're looking for compliments and you feel uplifted in your life, go somewhere else. 100%. And when we're doing this, is our life a reality show? Yes. Seriously, I'm going to be on a weekly reality show. Give them cocktails. You're going to do good stuff. You're going to get compliments, bro. No. Once a year. Give them cocktails. Life will get bad on you. James has had a very tough day. Nothing that a good cappuccino and what we call in South Africa, I've been here for a long time. I've been driving shows. I've been doing pretty much whatever. My job has evolved into pretty much everything here. I'm bored of driving shows. I've finally been off shows. I'm doing projects now. Projects for Cryptobancer. So influencer marketing, translating the languages, moving our broadcasting system over, then not only that, I've been keeping up with all of my stuff, following up on everything every day, but I've also been getting knocked out every day. Also getting a little bit of shit every day. But I also know from being here a long time, sitting here and arguing and making excuses doesn't help either of us. Long -term portfolio. Long -term portfolio. Yeah, it's more higher time frame for your stuff. Yeah, fair, fair. So long -term stuff, bro. So I'm going to help them build the ultimate portfolio. You know how I do that soldier sort of mechanism of understanding the different levels that your altcoins should be inserted into your long -term portfolio. So it's higher time frame portfolio plus strategies and you're preparing them mentally for the bull market and how they're going to act on it and what they're going to do when it comes, et cetera. Okay. Thank you. How long are you going to be? Not more than an hour. No more than an hour. It never stops, no? Working on the run is like, it is really, really, really hard. Some people can... If you don't do something right, you don't stay in your lane, you're going to get hit on hard. A lot of people can't take that. A lot of people will leave. I've seen many people come in and out of these doors that can't hold the pressure. He is a top businessman. He is a man that's savage in his industry and you've got to give him respect. There's a very small percentage of the planet that's got a nice vibe he has. JAMES' TROUBLE James, are you in trouble again? When am I not in trouble? James is always in trouble. Always. James is trouble. We had the disco moment, remember? Last week when Ranz Lightz went on and off five times. It happened again this morning for Kyle's show. But yeah. He didn't shit again. James is going to get fired. Look, I know it's tough here. This is a high performance environment. But if we're going to achieve our objectives, we can only have a high performance environment. But it's my responsibility to make sure that we are executing according to our vision. And our vision is to build a billion dollar business in less than three years. And to me, as I say, culture is the most important thing in a business. It's what separates good businesses from bad businesses. And I won't let the culture of this place decline. It's just not something that I'll do. I won't compromise on culture ever. It took me 17 years to build a $150 million business. I've done it before. This time it's actually about changing people's lives. And if you look at every single person that I work with here, they'll tell you their lives have changed. I don't think anybody's going to complain in three years when they're sitting on their yachts sipping on margaritas. They won't complain anymore. It's a single swim. That's all. So, Rand always striving for success. I think that's very, very good. That's the perfect leader that we need. Yeah, he's an incredible human, incredible business person. And his work ethic is unparalleled. So, I look up to that. I see him as a mentor. Because, I mean, I thought I worked hard. He has four kids and he still works harder than me, which is just mind -blowing. It's insane. So, yeah. What are you talking about? Yeah, so, obviously, Do's been under me and, like, within the business. He's been running the live training sessions. He was very, very afraid of being behind camera in the beginning. But I just had this feeling that he had to get his ass behind cameras. And I think he's more than just doing my charts on Discord. I think he should have a show. I think he will annihilate in the pool. Like, he's really good. But I feel a lot of our hosts are going to struggle in the pool. I think they do well in this market. I don't think they're going to do well. And I think we've got a channel that we're wasting. The fact that we don't have daily shows there. I think we're going to rebrand the channel, the other channel. I think I'm actually leaning towards Banter Plus. Because I think Banter Plus just says everything it needs to say. It's like, it's the better channel, it's plus, it's additional. Plus, it's the better channel. Yeah. If it says Banter Plus, if you're making a step -style channel, people aren't going to watch it. People don't watch the second league. People don't watch Formula 2. People don't watch. People want to watch the best. I promise you, bro. I'm going to move my show. I'm going to move my show to another channel. Soon. Rebrand and move. It's too much of a move. I'll do it when there's movement in the market and there's a full cycle. I'm going to jump. So you want two main channels? Sure. Why? What do I gain if I don't do it? I've got a channel. I've got two amazing channels instead of one. We'll rebrand a channel. Then you can try another show there. But you know, if you get onto the show, you sign a contract, because we don't want to build stars here that don't compete with us. Wait, you know. You know where my loyalty is. I know where your loyalty is. You know what they say. When you marry your wife, you're marrying your best friend. When you're getting divorced, you're getting divorced from the wicked witch of Eastbeck, bro. You can't even talk to her when you're getting divorced. That's what you've got to plan for. You know what I mean? We do have one. We do have one quick problem, and I need the banter fans' help with it, okay? Especially this sniper army. Run is considering his maybe, because we have a second channel coming up. Maybe Dylan should have his own show. So what I want you to do, I want you to go to Run's show today, and I want you to spam the shit out of the comments and say, Dylan must get a show. Dylan must get a show. Dylan must get a show. I love these altcoins. I just love these labels. I love these foods. I mean, I'm doing this stuff every day, and I'm so happy to share it with you every day. We're going to basically park there to pay, so you're going to have two powerhouses driving to one run. Yeah, that's the difference here, because a lot of people aren't there. What you do in the background is your deal. You guys are going so much at the end of it. You're not going to come... I just want to make sure that he has a show and that you... For as long as your show is growing and you have a lot of community... You think I'm good enough to have a show. I don't want to come here and sell one. more So, exactly, this is my point. I was always a reluctant presenter. So Ryan pulled me into the office. We were talking about the show and everything and the possibility of me getting one. It's not something I was always pushing and chasing myself, so it was quite strange to me when he told me I'm potentially not good enough. So, I mean, there is a difference between show business, obviously, and the content work that I do. I know my content is 10 out of 10. I'm not the most exciting or charismatic presenter, but I think I can get better. And I think I can prove him wrong. Yeah, so people want to know if I'm good enough or not. You just need to come look at my charts, really. I mean, look at this tweet. When everyone is getting all depressed, I said to them, Pump town coming for render even though there's a death cost, okay? Look at this. Bang. Perfect. Absolute perfection. Into the trend. TP time. We're out of this trade. Look at this one. Oil. Everyone was so bullish on oil. We got the short lie. We traded this oil completely live on the channel. Look at Rune. Called a short on the live into a banging resistance zone. I mean, there it is right there. Look at this camp. Looking so sad. Rune's coming down right to this zone here. At least 1 .4. Maybe even down there. So, it's all happening in here all the time. Just come look at my charts. They're here in the Discord as well. Look at this. Look at this DYDX. We said it's breaking through resistance. It was a big resistance zone. Looking for support to develop. Look at that. Bang. Now we're going to short this thing. So, you decide. Is my work good enough? I don't know. We'll find out. I like Dylan. Dylan I've known for a long time. In fact, Dylan's wife and my wife are actually very good friends. That's how we met. And when we moved into Banta, I brought him along for the ride. Because I just knew we'd find a spot for him. Now, the ball is in his court. We're giving him the screen. We're giving him the platform. And now he has to perform. And it's kind of cute to see how stressed he gets. Because Dylan's skin -haired beard. And now he's shitting himself in front of the camera. So, it's actually quite fun to watch it happen. We'll obviously support him. I want him to succeed. When you get to 50 shots, that's a lot better if you didn't have to have a phone. You want to embarrass him? Let me show you how embarrassing my first shoot was, bro. This is the first time I ever did fucking live. Live fucking TV, bro. I do really love you. Good luck. Good luck to 50 years. Welcome to Crypto Trader at the World's Best. How bad is this? How bad is this? This is basically true. I am Crypto Man Ryan. And I'll be your host. How bad is this? I'll be your host. You're a mess. I want you. I want you. I want you. I don't want you. I'm so bad. Just for everyone, I know how tough it is making content at this time when shit's happening. And when it's getting more and more and more boring. I'm starting to get my momentum back, which is why I think I'm going to cancel my career trip because I just can't afford a disruption in momentum. I think we need to use this time to build because you're like two green candles on Bitcoin and you know what happens, everyone's going to rush back. When that happens, a lot of changes are going to happen in this business. So the first bit of content we're going to do is Dylan's going to have a show. We're going to finalize all the agreements here, but Dylan will have his show.
A highlight from 1360: The War Against Bitcoin - Permanently Banned From YouTube!
"In today's show, I'll be breaking down the latest technical analysis as well as breaking news. It is official. My YouTube termination is permanent. YouTube claims they made the right call without providing me with any evidence of any violations because they are full of it. This is a direct matrix attack against Bitcoin content creators, simple and plain. That's right. There is a war against Bitcoin content creators on YouTube. I know from firsthand experience, I'll be breaking this down for you. We'll also be discussing the latest from MicroStrategy. They say to stay on Bitcoin course, even if the spot ETF is not approved, according to Michael Saylor, and also he just recently BTFD'd, which is awesome. We'll also be discussing the individual charged with money laundering amidst the hacking Bitfinex back in 2016. I'll be breaking down this latest report, as well as sharing with you the calm before the rampage, a sign that Bitcoin is about to go on a huge run, according to crypto analysts. Invest answers. We'll also be discussing a massive pump incoming for Bitcoin. Can you say God candle all this plus so much more in today's show? Let's get some noise in the live chat. This is podcast episode number 1360. Let's kick off today's show with our market watch. As you can see right here in your screen, Bitcoin back in the green, trading at 29 ,300, up 0 .4 % for the day, with Ethereum also in the green, trading at 1 ,844 bucks. Now checking out coinmarketcap .com. The current crypto market cap stands at 1 .17 trillion, with just over 28 billion in volume in the past 24 hours, with the Bitcoin dominance at 48 .7%, back on the rise, with the Ether dominance at 19 % even. And checking out the top 100 crypto gainers in the past 24 hours, you can see XDC leading the pack up 12 .5%, trading just above $0 .08, followed by Optimism up 7%, trading at $1 .74, followed by Curved Out Token up 5%, trading just above $0 .60. And checking out the top 100 crypto gainers for the past week, we have XDC, PLS, and HEX currently in the green, while a lot of the major alts are currently still correcting and in the red. And checking out coinmarketcap .com, one of my favorite indicators, I mean the crypto green and fear index, my apologies. You can see we're currently rated a 52, which is neutral. Yesterday was a 53, last week a 51, and last month a 64 in greed. So there you have it. And those just joining us, let me know you can see and hear me loud and clear. Be sure to comment in the live chat, as I'll be monitoring the live chat on my phone throughout this live stream. And with that being shared, let's kick off today's show with Bitcoin technical analysis now that we completed the market watch. And then we'll dive right into the war against Bitcoin, and while no Bitcoin content creators are safe on YouTube, as I've officially been permanently banned for the rest of my life From that platform, we're going to be diving deep into why that is. And we have a whole lot to share regarding what's going on in the markets naturally as we do each and every day, seven days a week. So the show must go on. Let's kick it off. As you can see here, checking out the Bitcoin charts, Bitcoin dipped below 29 ,000 this morning, August 3rd, as the market concerns over the largest global exchange Binance reignited Bitcoin price downside. Data from Cointelegraph and TradingView showed Bitcoin heading lower before a modest come back into the Wall Street open. Rumors over new U .S. legal action against Binance made for a disappointing 24 hours for the Bitcoin bulls after a brief trip above 30 G's. It's like we're struggling to maintain above 30 G's, right? With the trading range still firmly in place, monitoring resource material indicators forecast a further bearish support retests to come. As shared right here, want to know what changed on the Bitcoin daily chart in the U .S. overnight hours? According to trend precognition algos, the probability of a downside move in the daily timeframe increased from 75 % to 84%, expecting a test of support at the trend line. And he also says if you're surprised, confused, or think the bidirectional volatility is over, you haven't been paying attention. And quoting popular trader Dan Crypto Trades, the past few weeks have been all the same. Number one, price grinds down. Number two, shorts get aggressive. Number three, shorts get squeezed. Price goes up. Number four, spots start selling. And number five, the price rolls over, rinse and repeat, until spot starts bidding after these squeezes. We'll just keep doing these full retraces. That's right. And quoting Crypto Quant, I have heard about the bank run insolvency risk on Binance 100 times for the year, but their usual balances always tell a different story. And as outlined right here alongside these charts, now Bitcoin volatility prepares to undercut stocks, including gold. So let's discuss this. According to the Bitcoin Historical Volatility Index, weekly volatility was headed towards record lows seen at the start of this year of 2023. As outlined here in the Bitcoin Historical Volatility Index one -week chart, this chimes with existing comparisons to January with the Bollinger Bands data, likewise echoing the period immediately prior to Bitcoin's quarter one breakout. Here's what Dylan LeClair had to share on crypto Twitter. I should say X crypto or crypto X, now that it's no longer Twitter, just FYI, 10 -day realized volatility for Bitcoin near the falling below average of stocks, bonds and gold. So there you frickin' have it. With that being shared, fam, welcome again to y 'all just joining us and tuning in. Now I want to discuss being banned permanently for life from YouTube. I created my YouTube channel initially almost six years ago. I think it was back in 2018 when I relocated from Florida to Puerto Rico and I started posting content virtually every day. I had roughly 1 ,800 videos which took roughly six years of content creation, which got me above 56 ,000 subscribers. And as many of you know from the previous episodes, I woke up and it was all gone. Without warning, without any strikes, I just woke up to an email saying YouTube ultimately terminated my account. So I went through the appeal process, which is how it works. You get to appeal and I put in my appeal and they basically said they reviewed the appeal and they aren't going to change their mind. They said I am now banned permanently for life. So here are some of the tweets I've recently shared on X so you can see what is going on behind closed doors and then we'll dive further into the news stories here in the crypto market. But this is more relevant than ever because after having this platform called YouTube for six years, I no longer have that platform. I have been ghosted as if crypto news alerts never existed over the course of the past six years. Also, let me know how that makes you feel. Shout out to Zap Crypto Cow. If you get a frozen screen, all you need to do is refresh and it should work for you just FYI. I appreciate the support from everybody. Much love and much respect. So here we go. Let's dive into what happened. So I shared this morning on X. It is official. My YouTube termination is permanent. Team YouTube claims they made the right call without providing me with any evidence of any violations because they are full of it. This is a direct matrix attack against Bitcoin content creators. Simple and plain. I also asked them, yo, Team YouTube, the least you can do is give me all my videos back temporarily. An example, maybe for 24 hours so I could at least sync them over to Rumble. Let me know if you're willing to do that and which they are not willing to do. Just FYI. I also shared there is a war against Bitcoin content creators on YouTube. I know from firsthand experience being terminated under false pretenses after almost six years of dedicated content consisting of eighteen hundred videos, they terminated me without warning. However, the same content over the years has been syndicated on every major podcasting platform and never once have I violated any policies on any platform for creating harmful and dangerous content as they allege. I believe I was targeted by YouTube because of the purity of my content. An example, my devout faith in Bitcoin and my disgust towards the central bankers and forces of evil. I teach my followers to unplug from the matrix, opt out of the corrupt fiat money system and resist the slave mine. This is why I am perceived as a threat to the powers that be. So there you have it. I also shared it only took me five years and eighteen hundred videos to grow my YouTube channel, which was terminated at five a .m. three days ago under false pretenses for allegedly repeated violations of harmful and dangerous policy, which is false. Speaking about Bitcoin considered harmful and dangerous now, what the heck? And I wrote for the record, my YouTube username is Crypto News Alerts and never once have I ever received a violation, a strike or a warning for violating any YouTube policies. I share crypto news seven days per week in a live stream format. I have never produced any harmful or dangerous content. And then this morning I wrote, I was told that I would get a response to my appeal. And then they said, hey, if you missed it, we replied right here. So here's what they wrote in case you missed it. Let's see. They wrote this. I'm going to click on it. They're claiming I violated this policy. So let's read the policy and what the heck it says. I'm going to refresh here.
A highlight from Defeating the Left's War on Children: Live on Stage with Megyn Kelly at ActCon
"The U .S. dollar has lost 85 % of its value since the 70s, when the dollar decoupled from gold, and the government seems bent on continuing the tradition. Charlie Kirk here. From now until after the elections, the government can print as much money as they want. The last time they did that, inflation went up 9%. Gold is the only asset that has proven to withstand inflation. Invest in gold with Noble Gold Investments. You will get a 24 -carat, one -fourth of an ounce gold standard coin for free. Just use promo code kirk. Go to noblegoldinvestments .com. That's noblegoldinvestments .com, the only gold company I trust. Hey everybody, thanks for watching The Charlie Kirk Show. My conversation with Megyn Kelly at our Turning Point Action Conference. We talk about Dylan Mulvaney. We talk about trans against America and more. Email us freedom at charliekirk .com and subscribe to our podcast. Open up your podcast app and type in charliekirkshow. Get involved with Turning Point USA at tpusa .com. That is tpusa .com. Check it out. I think you'll love getting involved starting a high school or college chapter at tpusa .com. That is tpusa .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks.
A highlight from The Hunter Biden Plea Deal Stinks
"Welcome to today's podcast sponsored by Hillsdale College all things Hillsdale Hillsdale dot edu I encourage you to take advantage of the many free online courses there And of course a listen to the Hillsdale dialogues all of them at Q for Hillsdale comm or just Google Apple iTunes and Hillsdale Morning glory America bones were high candidate fully recovered I want you to know that I Switched up my intro music today because I got a question yesterday about the grand old pod The grand old pod is only available to subscribers to the universe And it's five days a week special content only online and I always end every grand old pod that I host with my back pages Performed at the 30th anniversary Concert of Bob Dylan, which was I think in 1997 I think But maybe 1974 1994 excuse me, but it included an Amazing group of musicians Dylan of course George Harris and Tom Petty Eric Clapton Neil Young and Roger McGuinn now, I didn't play bass for all of them I just want to be clear about that And so I can't speak to each of the idiosyncrasies of these but these six guys got together and they played my back pages It's always been one of my very favorite tunes and so I conclude every Grand old pod With this this is Eric Clapton singing right now And I always put it at the end of the thing to signify that we're signing off a grand old pod So if you want to hear it every time that I'm on the air you can go there and find it now Let's get to the news because I'm going to spend Most of ours two and three on the hunter -biden plea deal I wrote about it yesterday for the Washington Post more than 3 ,500 comments in under 24 hours and 3 ,499 are negative or close and that's because I didn't talk about Donald Trump There is nothing to do between Donald Trump and hunter -biden hunter -biden is pleading guilty To two tax charges when he ought to have been charged with three tax felonies He's proposing to plead guilty to two tax misdemeanors He ought to have been charged hunter -biden not Joe Biden Joe Biden's pictures on your screen Hunter Biden not to have been charged with three tax felonies of evasion for 19 For 2014 2018 and 2019 and there's some evidence in the record that he obscured $17 ,000 ,000 in income and He's going to pay a fine of $25 ,000 he also illegally obtained a handgun by lying on the handgun form and that's going to be a diverted sentence So the reason it drew so much attention is it's so nasty of a plea deal.
"dylan" Discussed on Simply Bitcoin
"Anyways, I want to bring Dylan on stage Dylan. Very happy to have you on today. How are you doing, bro? I'm doing great, man. Excited to catch up. We did meet what was it, August 2020 at bit block boom. So it's been a wild ride since. And happy to catch up. Yeah, man. It's definitely definitely been a wild ride to say the least. I'm gonna rip the band aid right from the beginning and this is a question that, you know, I was very lucky to have Lynn, Jeff booth, doctor Jeff Ross, on the show, the last couple of months. And you know, we all kind of go down this Bitcoin rabbit hole journey Dylan and there's no end to this rabbit hole, and you just come to these realizations every so often.
"dylan" Discussed on The Dork Forest
"What are you singing? Just because of is annunciation. But I love the covers when somebody else does a Bob Dylan song. I'm like, listen to those lyrics. So that's interesting. Yeah, so some people have a thing about his voice, but what I was trying to argue earlier is he clearly can sing anything he wants. He's shown it. Like he said, a different voice. With albums, they often put the lyrics in their liner notes. Yeah, they do. And you can see them all every single song he's ever written is on Bob Dylan dot com. You can read them all if you want, and they come across well on the page. For me, as a singer, his approach to phrasing is like nobody else really. It comes from listening to people like Sinatra and the great crooners. I sing a line to my daughter in standing in the doorway all the time, and I'm going to biff it right now, but it's because I think it's one of those things where if I know the whole verse, I can do it. Yeah, but he basically says something like yesterday, everything was moving too fast. Today, it's moving too slow. And he sings the fast part, super fast. And it's just a slow part. Really labored. And so he gives this character to these lines. It's almost meta. He's a very clever singer. Right. When he dials down on a line or two, he really gives him everything he can in the moment. It gives them this rich character, which I appreciate as well. So all this to say, I think, I hope I put sort of the bug in your ear to go. You really did. This has been a fascinating hour of about an artist that I have always enjoyed in passing. And so this sort of deep dive into it is I love it. I love it where it's not and yeah, I got information, but I also got some fun stories and a sort of a new glimpse of the guy himself. So rangers were listening here to kind of. Let's get it right. Beach. And the name of your podcast is creative control. There are two K's because of some lyric because of some song. What is it? That is a song by a band called hot snakes that I coughed the title from the show from and was using their theme music with quasi permission. Okay. But I don't use it very much anymore. I happen to I often just use a little bed track from the artist I'm talking to you, but I don't know if you know that you wouldn't have noticed this. Jackie, but that song by hot snakes creative control was featured on your episode because you didn't have any music I could use. There's no one. And so there's just Mike Rick Berg singing the dark forest theme song that you are. So but it's at vishka, but it's about VI, SH. It gotta spell KH, a edit a, it'll be in the notes. I just did vicious podcasts. You could do a little crossover if you like. Thanks so much for doing the show. Absolutely pleasure, Jackie. Thank you so much for asking me. It really is an honor. Thank you. You're welcome and rangers..
"dylan" Discussed on The Dork Forest
"I want to say, the song something by the time the George route, he did the Warren Zevon thing. I saw him, play two shows. Right. In Detroit and I want to say it was like 2006, let's say, could be wrong about nose. Maybe O four. I saw him do two shows. He was doing three shows at a venue in Detroit. And I went the first night and that day, the governor declared it in Michigan. Bob Seger day. So Dylan did a bob chief in the encore and everyone went nuts. Right. Again, I don't think he'd done him and his band had done it before since they just did it that night. And then the next night, my wife happened to be her sales job, roderick to Detroit, so we agreed we would go, we got to meet up and see the second show. And I says to my wife, I says, you know what's going to happen here tonight? I bet that either Jack White of the white stripes or M and M will join Bob Dylan tonight. And I was sort of joking that we were those guys. Yeah, those guys lived there. I'd seen the white stripes due Dillon songs live, I knew a new Jack White loved him. So the second night's rolling along great show on core who steps out onto the stage Jack White. What song do they do of Dylan's none? They do a white stripe song. Oh my gosh, Dylan is singing the song ball and biscuit by the white stripes with Jack White playing guitar. I don't even know if Jack's saying, I don't think he did. So what you're Jack White, you know, you're probably 20 odd years old. Right. Not only are you singing with Bob Dylan, he has chosen to say one of your songs. Yeah. Come on. So they have this like close relationship. Is there bootlegs of some of this stuff? I've looked for some of it and I feel like I encountered some shoddy YouTube recording of sure, a ball and biscuit. I think there is that on the Bob Dylan site that Warren Zevon and George Harrison stuff, I was alluding to, it might still be up. But at the time, the Bob Dylan dot com site would post live cool alive MP3s. Okay. Of such things. So I heard them do something and I heard that. I had that somewhere, probably saved. Yeah, that's super fun. Yeah, so he has done covers. In fact, prior to this album rough and rowdy ways, he did.
"dylan" Discussed on The Dork Forest
"Dead. Like you just followed Bob Dylan. Well, that is the iconic one. That is the one that everybody talks about. Yes. But in this case, it's 2004 and you're following Bob Dylan around. Two, 2002. In 2002, so we're following Bob Dylan and then this became a habit for me. So like literally like I don't mean to invoke a drug habit, but it gets addictive because the shows I think are fantastic. They're unpredictable. He does songs in whatever mood you strike that strikes them, like the arrangements as the tour goes on or they get going. But they don't sound like the records, which people find really difficult to deal with. They don't like it. Right. People like to sing along, which is weird because it's stand up comedy. They want to hear different jokes. But in music, they want to hear the for some reason. Yeah. Yeah, I've never bought it. There was a trend the last 15 years. And I don't know. When the record industry started dying and people the.
"dylan" Discussed on The Dork Forest
"Still is. It hasn't gone anywhere. You said was. Yeah, yeah, presidents. We're not doing it. And you're like, I wish I took a shower. And I was like, you look like your dork. You look like that rugged Bob Dylan. Yeah. That's fine. You got that vibe going. It's nice. You have that. That's true. You're right. Thank you. Thank you for the compliment. I was feeling self conscious now I feel good. Now you feel good because you're it's a good-looking Bob Dylan, because that dude absolutely always kind of a goonie looking dude. But I don't know why do you think about Bob Dylan, by the way? Except for that he was was he a Rolling Stone? He was not in the room. He had a song called like a Rolling Stone. That was it. That was it? No, nothing about bob. You know nothing. I know that my brother Phil really likes him. Now, I know some of your brothers seem cool and at least one of them based on our conversation. One of them I might not jive with is Phil a cool brother. Oh, Phil's a cool brother. He's been on the dark forest twice. He has talked about hitchhiking. Which he and Eddie also talked about. Lord of the Rings. Oh. So those were his two organs. One of the rings is basically an epic hitchhiking tail, isn't it? It's really doing. Truly, truly an epic hitch I can tell that he is. He couldn't be more interested. He wants to come back on and talk about fly fishing. My brother Russ has been on talking about the hallmark channel. My sister Darla has been on talking about sort of preparing a quick meals. She enjoys she joins fancy meals done quickly. That's who doesn't. I mean, isn't that what fast food is? I mean, when you think about it, one of the sandwiches is pretty elaborate. It's got three buns, two patties. Properly. Yeah, it would take it would probably take you know 45 minutes and here we live in a society where you get it in three minutes. It's true. It's just out and it's been nuked into a gray color that who doesn't want any part of that. Absolutely. Yes. What do you know about Bob Dylan? Well, you can't see them, but to my to my left. We're on a video chat thing here. I have every single Bob Dylan record and box set. All of them are here. Is there redundancy? No, not no, not in the Bob Dylan realm. Okay. For instance, I have four Beatles box sets of that are ostensibly the same. The mono box set, and then I have the stereo box set. I have them in both CD and vinyl formats. So you're not wrong to ask this is a valid question. It's what you're telling me. But there's duplication in the sense that they'll put out a bootleg series. Bob Dylan will and it'll be kind of an alternate version of an album we've all come to know and love. But I mean, it's really alternate. It's like outtakes and the original album might be 12 songs. The bootleg series will be like 80 songs. So it's not really, it's like a whole other universe. Right, right. So yeah, I have everything. And then again, everything on CD with Dylan. I became I found out about Bob Dylan. When I was a little boy because I would read a lot about The Beatles. Okay..
"dylan" Discussed on AI Today Podcast: Artificial Intelligence Insights, Experts, and Opinion
"Do they feel good or do they feel kind of awful about themselves and if they feel awful about themselves. Is that a sign of failure as well and so. That's the thing that i think dylan other folks in the ai ethics space. Try to encourage people to think about. Is the subtle failures of ai that we don't typically think of because they're not tied to money but they're tied to human flourishing and that that's at least gonna more my personal perspective but dylan. I'm curious if you have a similar perspective isn't he. yeah i'll I'll build off of what you said. briefly i at were we are not claiming especially for business-minded food out there. That businesses inherently evil. Like we have some critiques of the capitalist system that we are in and also we understand that it's real and there are good reasons to push towards certain business practices. I think more of a what we're saying and what we've heard from folks who have been impacted And have been harmed by some these systems is that perhaps there's an invitation out there for us to think a little bit more critically about what failure is so they're still failure in the computer science sense of like well. Maybe we do need to be more accurate. And also to this point there are maybe some other definitions that we can think about. While we're designing those systems. And so i think right and then again this is the beauty of cast is that we don't need the answers necessarily like we can have our values and we can go forth and say well. There's some things maybe that we should be thinking about. But i think more importantly it's to create the space to say. Hey there are other ways of thinking about these things. I think the invitation to to your audience to our audience etc is to continue to be intentional and think critically about concepts of failure and to listen to other people's perspectives of that and also to not for success..
"dylan" Discussed on Talk Is Sheep - Wild Sheep Society of British Columbia
"Gets it to maybe a white tail bach eventually dig on a bigger animal like moose elk and then probably somewhere right at the end of this hunter. Graduation scale is going up and hunt nut goat or hunting a sheep and because of what i think is the amount of skill and experience and knowledge that it would take to be safe in the mountains as well as be confident as a hunter As you're approaching these much more technical challenging hunts like i. I know that in my own hundred graduation process that it away. I piloted since i was a kid. Like twelve years old and ill she ponding. It is something that i always started really focusing on the last ten years. That's partly because of i think financial barriers just having a time and money to go and invest in a two week. You know fly in type trip Or just even to walk in And then just also because you get more comfortable and experienced in the mountains at this becomes it opens itself up to you as an opportunity. So would you say out of that. You're seeing people kind of you know maybe jump from gross to she punting in your in your view of well you know. It's funny as you as you're talking about that admitted note to myself I think we've probably all heard it a lot. And i would assume that you have a lot. Interactions with people had fallen under the the label. Adalah adult onset hunter. And that's a an amazing thing like some of the most passionate crazy obsessed hunters. I know them hunting. Space are adult onset hunters. 'cause they find this kind of like you know a little bit later in life than those of us that grew up with it and it is like a drug that they do not want her to their arm. And it's awesome. I i love seeing that. I i love seeing people have the opportunity to have these experiences. But if you think about you know a lot of the people especially in pardon me You know the our audience and this is maybe an and sort of a boomerang. Fashion coming back to the question. You asked me a while back. Dylan we see people that. Come from a high-level competency and some other mountain activity backcountry skiing climbing..
"dylan" Discussed on Outer Limits Of Inner Truth
"Is gonna take a metaphysical approach to preparing yourself and becoming stronger in the face of these dark times. He's been on before. You'll recognize him right away. But before we begin, I just want to tell you that I learned this past week exactly how much my primary care doctor hates me. I had a good friend of mine goes to see him. And she's got a high blood pressure reading. And the doctors like, oh my God, this is terrible. This is horrible. He's got all these nurses coming in. They're checking her like crazy, saying we can't let you leave until we get this down. They're giving a cookies. And they're giving her crackers. And when she told me this story, I was thinking to myself, you son of a bitch. 'cause I came into that office about a year prior. And I had the same blood pressure reading. The doctor was like, yeah, you're fine. It just happens. Yeah, I'm not really concerned. You can go home. She got the 5 star treatment. And the palms right over her and her last rites read, and I was just sent home. No crackers, no cookies no lollipop. Just go home. Doctor's office is not a fan of me. I don't think the doctor's office today is a fan of anyone that asks questions, you know, has some common sense questions. I don't know about you, but I still have the people who have been vaccinated, trying to get me to join them, keep on saying, oh, you know, because you're not getting vaccinated, you're not doing your part to protect others. Thinking to myself, like, isn't that what the vaccine is supposed to do is to protect others and protect you? What do I have to do with it? It's just a flying logic. And you got so many people out there pushing for it, so you need to get it, and they've already been vaccinated, so I don't know, it's just weird. Not going to do it on into it. And then they say, well, don't you want to become a part of society? You need to do this in order to rejoin society. I'm like, no, no, I don't think I want to join the society. I think I'm going to wait for this society to go away. The society of people that walk around don't question anything that just drones and I think that that society is going to go away. I want to wait for a new society to come in and then I'll join that one. A new society where I have people that are all about critical thinking, and then they're very much into vegan cheese, and that's a society I'm going to wait around for, and that's a society I'm going to join this one. I'm going to pass on. Next train please. I don't know. Do you feel that way? Maybe it was just dropped on my head a lot when I was a kid. Anyway, let us begin tonight show. Welcome back to the show for the very fourth time. It's a great pleasure to have mister Dylan Charles founder an editor of waking times. What about him by going to the rest of the waking times dot com?.
"dylan" Discussed on Rock N Roll Archaeology
"Just a drag you down you. You mentioned of down in the group. I love this alive. You if you went to a bar and the ban was doing this version of let's stick together. Probably say these guys are great. I bet if they ditch their senior they get a recording contract. I was spot on actually. Because you know there's some good rockets it very competently performed album. That does not need to exist. And i think famously. You've i don't know how famous it is but i know that you've quoted yourself quoting this. Which is buying a dylan. Concert ticket is like buying a lottery ticket. Usually you lose but when you win it changes your life. Yeah i mean. I i have not seen dylan as often as some people have. You know i think For while i would go. You know once a year when you come to new york. Sometimes i'd skip years. I'd say every other year probably seen him you fifteen twenty times in my life at this point and Certainly have gotten so bad ones. I mean for me. The life-changing one was a secret show at tramps in new york which was a small club about three hundred people and it kind of came about right when i was still. I still in touch with enough plan. The kind of new york dylan community. Even though i stopped listening quite intensely. But i kinda got the advance word that he's going to be performing and you could get tickets to this show. That was untitled. But then that was the dylan show and Three hundred people standing room. Only elvis costello joined him on stage. this is nineteen ninety nine And you know he was not a few years after time out of mind. So he's clearly like capable of greatness still But i'd also seen plenty of concerts around that time when he had not been great but for this one for whether it was the venue or whatever it was boy just lake transcendent. And actually when. I did this re- listening this twitter project i didn't listen to any bootleg stuff but i did dig up the recording of that trump's show because i wanted to do a reality test like was it. You know as good as i remembered and it really is. It's it's just a performance for the ages and Boy i'll i'll keep chasing that. Okay i'll keep keep going to see his shows as long as he keeps storing. Because maybe he'll do that again. You're a defender of and lover of as am. I hit the mtv employment like oh yeah yeah. What do people hate it. So much leaked bob. People hit it. And i love it. I was listening to it just recently. And i never get tired of. I find it really. Inventive musically terrific. He's in fine voice. Was it because he sang is not only is greatest hits because he seems john brown. Yes i well. I don't know. I mean i also think that it's funny because i talked about a mercy being so much of its time. The unplugged as very much of its time right. That's a a distinctively boy. That mtv unplugged sound is a very distinct one and he leans into it. You know so maybe people just don't have associations with that..
"dylan" Discussed on Rock N Roll Archaeology
"It's a great way to experience an artist. If you had a friend come to you and say you know you don't always research. Give me one song what i listen to say. No but didn't you. Have you had like a league of People voting denisa for songs on twitter. And things i would do a few dean every now and then i would do a contest. What's vessel and this album. What's the pick one song from. I did a contest one song from each album to be the champion of that album and put them on head to head in a bracket and then for for dylan's eightieth birthday. I decided this there was a little bit like what you said. You know if if it's the one song you know everybody has their list and favorite dylan songs which are great for those of us who are dealing fanatics to fight about. You know what belongs on them. But i was thinking well for somebody who doesn't really know because they're going to be a lot of people now who think You know. I've always kind of known about this guy but i don't know where to start so i put together For place of twenty songs each so eighty songs for eighty years. There'd be introduced beginners to bob dylan Not necessarily his best songs. But four categories of songs can take you up this ladder to the peak of dealing so the first one where the the icons i called them. There were the songs that everyone really kind of knows. Even if you've never listened to dylan just as a part of the culture. And then i had the essentials Which are you know this kind of songs that we all think are a as the the great songs ones that you have to listen to and then i had deep cuts which honestly is just my personal favorites like the songs you encounter for. The songs aren't on those first two lists but that i think you should really here and then finally you know the rare gems which are the ones for the the boom eggs in the suffered nath albums that once you really dylan fanatic you kind of these dogs that you would tell people about. Because i don't think you can go right to those songs. I think if i were to say You know you really have to hear Abandoned love or you know highlands or suffer me that are like the These songs are so at brownsville girl. Right right i'm not gonna make somebody that's the not not right but i think once gotten to that last playlist i think your ears are ready for brownsville girl. I will say. I have no way of knowing if anybody made it through all four. Play this maybe no one did. But it's funny because you know obviously people kits. Because that's what dylan fans of to do and somebody said how is highway sixty one not on any of these lists and my first thought is what do you..
"dylan" Discussed on Rock N Roll Archaeology
"And a big gal but his attitude towards landlords is fascinating because it was a real love hate thing wasn't or not even so much love thing i think it's grudging respect versus. He was dragging dylan into you. Know a place that he didn't want to go with with the sound of it. And then i look producer under the red sky as well right. No he produced Time out of mind. Yeah so there's a taylor element to this okay. Right got being told him back for time. Out of mind is a good call. Yeah your yeah which was which was a really good call. I think those are the albums that i think. The modern albums that were dylan is pinned down and forced forced to defend himself to to even explain himself. I don't think he would explain himself. But i think he would. You would fight his corner. Whereas i think under the red sky was was the was not was. Oh yes right right. And they brought everybody into the recording studios d von and everybody was in there and nobody is really nothing out of it. Yes i mean. Because if you call for desire it was rob stoner who claims anyway and i and i believe that you know the the first few sessions of desire were like under the red sky. Eric clapton was there they were. They were all there and dylan said what do you think i should do in rob sony's throw them all out. Let's just have you know five of us. And that sort of made the album and land brought in his own people. And that was the thing dylan so like you. Who are these people. and you know. Land rob said. These are my people and this is what they're gonna do. And this is the studio and dillon. He went along with it at first. I think because he loved. I think he played him yellow mood. Played acetates of yellow mooney. Tomorrow there's and they were two wonderful dylan covers on it and that's how that sort of happened but anyway going back to your we've we both loved your beady nine six nine your hashtag beady nine six nine. All those official songs in chronological right. I started. i'm going to listen to the songs. I made a playlist which i was initially nine hundred sixty nine songs and then of course. By the time i got started i kept adding more so it ended up being way more than that and then i found the place. I said you guys did. There was much much more. Harare complete in more strictly chronological but i went with what i had an and what a great way to experience in artists by the way if i would recommend this because it's so interesting because i came to them like i said when i first heard graph i didn't really have the context for their all mixed up. It's not it's a it's a. It's a great box by the way you know. It's kind of been superseded by the bootleg albums but it's not in chronological order. So when i was listening to it. I didn't really know if a song had been released in. One thousand nine hundred sixty seven thousand nine hundred seventy five is all kind of mix up in their so doing this project and listening. You know just all the albums and all the officials songs from start to finish..
"dylan" Discussed on Hack
"Caught is a wheelchair. Tennis world champion. He's in tokyo at the moment. Getting ready for the paralympics and this elite competition saved dylan's life. He's going to chat to us on these episodes of hack in a second. We're going to talk about how the paralympics will also go for the next couple of weeks as well hello avenue dicey and later on this episode. We're also going to get some tips on how to cut your hair at harm from a hairdresser offering. Free zooms utah. Orioles in lockdown paxton's. The pandemics kicked off. Its shifted from a very low risk free harvest on triple j. I though governments have acknowledged. Workplaces are a massive problem for the spread of cova and we know young people are more likely to get corona virus and they in critical industries. They're telling us they're not getting the support they need from the government at the moment. Young work is want foster access to the vaccine and most support to keep themselves and the community safe. I'd love to hear from you. A you and essential worker. Have you had a code case you work. Maybe you've got an curved at work one. Three hundred triple five. Three six colmey thames and rose has this story since the pandemics kicked off. It shifted from a very low risk job to a pretty highest job in cases on catching the virus. There's a sense of anxiety about it. Sarah is a casual medical receptionist at a clinic smack. Bang in the middle of one of sydney's worst hit areas. Penrith just panic around going. In and am i going to catch anything or does this person have curves it his line about this symptoms. I wish i could stay harm. But there's just plausible way for me to do. She says the nurses and doctors kitted out with full pay. Pa while she's forced to sit there in the waiting room with patients for way longer wearing just a mosque about a month and a half ago. We made the cool us as a clinic. Malagasy patients face to face. Unless urgent we were getting worried about our safety we didn't have any ep. Anything for our protection bought the clinic on its stepped in and force them to save people even ones with symptoms. I just feel like i'm management and office and everything that the just not taking in consideration. How safe sarah has been spat at and abused but because she's casual an leaves just outside and lg i of concern. She's not even entitled to those payments while you white for a test which is had to do a few times you south wales recently boarding three hundred and twenty dollar payments for people who need to test and isolate light but only if they leave the eljay of concerned. Victoria has a slightly more generous game with four hundred fifty dollars payments for workers statewide. I have some friends that complain about where it came from time. And i just think i would love that luxury. And she's terrified of bringing the virus home to have family. Her mom has breast cancer and her dad has a hot condition. I have a spare pair in my When i go to work. I call them on my way home. Sign on ten minutes away just so they can go into the room while i go get changed and guards to show because i to contact with them. Sarah's one of thousands of young aussies heading out each day doing essential work keeping things moving. According to the most recent federal government stats people in the twenty s have had more covered cases than any other group since the start of the pandemic and in new south wales cases currently the highest in australia people in their twenties a most likely to catch the virus and less likely to be vaccinated that what. We should be doing tom. Not his real name is a bus driver in camera to one of them does need to catch it even pretty much the whole place out drive around. He's twenty eight. He's not vaccinated yet because he hasn't been able to get an appointment and he scared about getting seek from other young essential workers that he's been driving around youngest stuff they might not have the saving take the week off two weeks ago. Even get thickly. He wants his employees to make it easier to get jabbed goya provided us with everything to show up on the dice on become around all week and we shop. I really that businesses. Employees would take on joshi's twenty-five he pot on four cafes in sydney and one's in a hotspot we've remained open the whole time we closing but it sort of still have to pay bills to pay people's laws with some of his staff have been so scared of catching the virus at work that have also have their hours cut massively or get it scared that i really wanna come to work. Venue where you go. Hundreds of people coming in every day. Everyone i spoke to for this story was jealous of their friend. Who got to stay home and work. Probably non mossad than meg. Not her real name. She's been working in icu. And covered waters a nurse in one of cds biggest hospitals in gobert word and i five day get up and ppo day and tell me how you feel off the. She lives with her family and she's scared of infecting them. I come in. I distance from them. Because i am so hit on gonna pass something on. She told me it was like going into the hunger games every day. Not hip it along there about ten to eleven alan and in that time. Spain you're saying non ten cayton caring for and constantly in a panic of am i rat. Vp am i. Am i say my. Pva have missed the moment of han. Hi jane you have become flirtatious jockey. Terrified way off and she's given up so much of her life to do her job by long. Meg desperately wants to go back to how it was and she wants to go on a holiday i think already but yet it's exhausting. It's like on quiet. Hope play but if you can do one thing or a central place for please get back tomatoes. Pack on triple j Just hits you right where it hurts when you hear how young people are really putting themselves out there just to make money at the moment. Someone's texted. I'm a mechanic of every single day. Old during the lockdown quite often coming into contact with dozens of people a day. Kinda feel left out by all the priority vaccinations and all this. Yeah i'd love to know what you think you in essential work colmey one three hundred or triple five three six. When exposed you feel to corona virus mariah lesbian is from. The young work is santa. Thanks for coming on the show. We've had so many stories from young people like the few that we've just had but the dozens and dozens others like it. What is going wrong. Why young people feeling so unsupported. Thanks for having me look. There is sadly that he's going wrong When it comes to young people and The pandemic young people generally are in highly casualising to work they paycheck to paycheck and they didn't have entitlements lexi clave we had jobs ak- At the beginning this pandemic at good levels we had joe kepa as well kept kid. People connected to work and businesses and it was scrapped to ellie and a lot of young casual workers weren't even able to access it in the first place. They've come around off the country's in lockdown sudanese case numbers of the pandemic and is significantly less support. The people here in victoria. We've got a test and isolate payments to everyone a high. If you're a wacko and you will pay. You can get it in yourself. Well it's an area of concern which is a problem. We shouldn't be making anyone let alone. Young casual workers make the call school choice between food on the table and rent paid or testing and isolating to stop the spread. Yeah all right you know what is the actual that you're hearing from young work. Is i mean workplaces. Protecting them in terms of things like a regular cleans for workplaces. Ppa that kind of stuff. Look we've definitely had sadly we have had cases through the center of Bosses not doing the right thing. You know putting their his at risk without the correct safety. Pp cleaning standards All of that is really concerning particularly when you're looking at the case numbers which is what seventy five percent of new south wales case numbers of people under.
"dylan" Discussed on The Bugle
"You suffer another quiz now relating to this quiz show hosted quizzes. All's well i'm bob dylan. The pope stuff. That's the fastest song. Smith was greeted with a wave of goodwill from his Many admirers around the well. But let's see how that loss he's in. He's in his eighties now. Just white anthony swaps his acoustic walking frame for electric mobility scooter. It'll be judah us all over again. Skewed in fast so dylan. Eighty incumbent cummings outlined at least eighty ways in which the british political system is deeply and adequate so to commemorate these two historic moments. We have a special free bonus. Complimentary bugle quiz dylan or cummings. One is the title of a bob dylan song and the other is something dominant. Cummings saddled suggested in his select committee evidence this is an extended version of thing was headed to the bones local news and they will not have you this podcast into a dumping ground for stuff from other shows. You basically let bruce reading are chargesheet one. But when you wouldn't believe written too much stuff her with radio so tell me which lease can do this at home. Roy down a little bit of paper one is a dylan song. The other is to do dominant coming. Select committee testimony. You ain't going nowhere or you ain't supposed to be going anywhere. You question to just like a woman or just like a shopping trolley smashing from one side of the aisle so the other which can be clear. What words used by coming to describe johnson's indecisively in the early weeks of the crisis. We slept raises the question. Who is pushing the trolley. And at what i'll we talking about. We're talking about an all in the supermarket or the all in a church is boris. Johnson tries to find his latest wife. Also the idea that the shopping trolley was moving suggests that at any point in this process the wheels have been on. Yes if ugly. We'll come off absolutely sweet marie or sweet. Faa it may or may who should have been allowed to be involved in the highest levels of government. One too many mornings all way too many warnings the lonesome death of hattie carroll or the lonesome death of forty thousand care home residents due to catastrophically flawed government strategy. You're gonna make me lonesome when you go or you're going to make me vengeful when you say Don't think twice as rights or don't think at all it will only upset you to realize the parody all supposed democratic ordeal that we've become idiot wind or idiot secretary of state health stuck inside of mobile with the memphis blues again or stuck inside immobile with the kids and booze again. If you see her say hello or if you see her stellar. i'm terribly. Sorry about the avoidable death of grandparents. throw it away or a key written and photographed records of everything. Oh sooner or later one of us must know or we both know going to tell vastly different versions of the same story. So there's your dylan. Oh cummings quiz tucson. Also on a postcard to anyone who gives a shit in.
"dylan" Discussed on Pantheon
"People from all over the world. And i recommend to everybody why dylan matters. I don't know if richard if you've been able to answer the question but you've given a really good college tribe. I'm i am convinced. I will stay publicly. Yes dylan does indeed matter. But great writing about dylan Such as yours mainly a mix matter even more so thanks for that. Thank you steve..
"dylan" Discussed on Pantheon
"As the as common matured and particularly in the way that you cured it and and turned it in different ways it really starts to make sense In understanding where dylan feeds off of and positions himself within tradition. So i d do you think that he planted those clues as a way of providing different ways for hearing his work. It just so happened. That was on his mind How much of it is conscious much practice and how much of it is once again. The song and dance man being the right song dance at the right time term the transfiguration which is so compelling. Yeah well. I think it's always you know particularly those interviews. He has the right around the release of an album in alerts rome interviews for in that summer of two thousand one before kept came out the gilmore blind. He's he's he knows what he's doing and term serve alluding to again an texture audi between the interview and songs that even if he doesn't mention them casually mentioned in passing are positive weathers of so. Yeah the everything. And i was particularly pleased with those pages with figuring out what i think he meant by one of the things he meant by transfiguration lived in more less dramatic. Way less lively way. You could say it's like in detects geology. And it's like becoming characters folk song and the novell lecture but of religious aspect to it in the spiritual aspect of it which also has a take you out with a zimmerman mother decide call dies gets transfigure not saying anything but you know that both called every. Don't bother about chronological gap. That doesn't quite work out. But intel is puppet master started thinking that i mean michael deal. One of the greatest set of righted interviews. But but dylan. Dylan's pulling the strings there and i think laying down clues in a way but just eternally faithful and a sense of elusive and enjoying himself and running the show. So so since you know we have this wonderful opportunity here to ask a professor of classics some of the questions that Buzz around i three o'clock in the morning around the tables where people just can't stop talking about. Dylan where do you find the the most compelling analog people talk about dylan homer people talk about dylan shakespeare people talk about dylan in whitman if you had to choose a poet In in the cannon that your most engaged with who really Has that kind of dylan times. Feel or dylan is the that of of dylan's times who would it be. Who's the go-to person three. Yeah probably given given. Songwriting is now stretched into its third generation. Probably need more than one. But the early dylan. I think kato's can tell us comes along and blows away on what's happening in roman poetry. We only fragmentary remains. But we can tell what dylan is. What do these friday. And i can tell us. Doing is absolutely revolutionary. The same way that what doubts in. Let's say sixty three to sixty six is doing so that. We writing song posting puzzling. His audience particularly the more conservative members. Who don't you know something's happening here. let you don't know what it is missed the Cicero shall we say like the old literature and has accused of digs at catala. Very komo's destroyed new poets or they say calls themselves as conservative not in a bad sense but conservative attitudes towards literature is something that you find you know and you find traces of that now and you know in doing getting a nobel outrageous but that's what revolutionary artist duke picasso did can tell us out so in that moment billing in the mid seventy s to me through the rest of the century. Think of agile as the mature The classic who you know even if sat parodying him in you know tickets of parody dylan over the years that you don't get parodied if you're meaningless. Send a It's it's not something quality there that you're trying to take down and then the later and i'm not being autobiographical. I'm talking about the voice of dylan from ninety-seven on of the deliberately tired voice and lyrics of as as sad uh of a one out ill grim that that voice of offic which is also constructed vice the audit of has exiled. Yes is one that i identify those exile poems with the later. But then you know rough and rowdy ways which by the way has mother amuses crossing the rubicon but doesn't have the word for word into texture -ality that That the previous few albums that had a net that to me is very interesting. I'm still absorbing and thinking about that. But that dylan's into texture. The myself what. Julius caesar would do not like julius caesar would do and but the at one point quotes that waiting over there by the cyprus tree where where trojan women and children are being sold into slavery. That's right out of the near. That's that's not out of anywhere else. Cyprus solitary cyprus tree and and the fact that the greeks are selling the trojans offer taking them off into slavery but that's not he's not coaching trump's specific translations of specific lines of amazon's avocado or juvenile. He's also he also has juvenile the satirist. He seems to have a wonderful talk about threes or triads These.
"dylan" Discussed on Pantheon
"Dylan in the character. In a bob dylan song. Listen this yes. It's i find incredibly enriching because it sets that song in a tradition that goes back through time through other authors through dante through milton through diet show back to home and in the process in my mind doing is put into that. Tradition is just somebody just manifestation up the reception and autistic renovation. That tradition now is bob dylan thinking i want. Thomas think that. I'm in a tradition. That goes back to home. So i'll use this line in that way of course not but his processed the process must always be cognizant of a read or santa. Rita's an idea. Rita as critics last millennium talked about it always. Who are you writing for writing. Feel self primarily but you'll survive to. It may be just one person. Not maybe maybe more than that i. It's complex dell found in the odyssey fertile ground for growing his own songs of the particularly an album and then sunlight can blues join but we trades in office. He where he he gives up those beautiful lines that no one could ever say that. I took a bomb against you of its address to the emperor. Augustus switched dylan his music. Degrades translation of the latin takes dive into a context which is addressed to love lava. He's not around anymore. No one could ever say arms against just a way in which he sings that it matches that relationship that's lawson matters that says he's seen something off that he's reapplied it and that how the best job s eliot talks about stealing being re renovating on re-applying and different conflicts but doing in performance gets rid of that and bob dylan just bounding out of the timberland. I hit him square in the background. Halfway down the spine. Take these lines right out of the odyssey and trades. And i think what he's consciously doing there is switching out the exiled audit who by the way in exile poems to dishes that he's switching switching out the exiled of it for the the homecoming seeking this telling stories singing songs. Same thing and in greek epic Singing songs to an audience. That sorta dishes is doing. And that's what dylan impo performance in. That changed lyric in. Performance is doing and that's one of the many ways in which he's like an oral poet and if you think about obama didn't come out of nothing you know the poems the distillation and centuries of our literature. And that's what dylan's lincoln sing barbara. Allen is a century centuries-old som- but he can also it's barbara allen into and to ten angel song ballard that he's read working so that's and that's exactly what i think america poems. They're both in a tradition that they also have a creative genius. That's controversial among scholars. That i have to believe as creative genius behind the manipulation and then composition of of the poems may be two different poets. Not so you you. You mentioned kind of the ends history of the line of transmission of of the bullets from homer to to dylan and and also said that You're pretty sure that he's not composing with you or any other potential scholar in mind but he did leave. Some early impelling comes in that interview in two thousand and all with the game. More about trans figuration. When i first read it. I thought ono delays really gone off the deep end. The sounds.
"dylan" Discussed on Pantheon
"I grew up in san many decades ago that was. We encountered the classics in high school. And i'm wondering about this Formative impact of just the sensibility of youth the richness the unknow ability of the feelings that a teenager encounters and how that really is the crux of were rock and roll is born as cultural phenomena it explodes this idea of teenagers in youth and then here is on now. We have rockin rollers who are approaching their eighties. What is the weight of the experience of the emergent youth for the classical poets. In how you juxtapose that dylan who does spend a lot of creative time reflecting on the past reflecting on is coming of age and certainly if we hear his nobel lecture how it was the literature of his teenage years that he credits with being the formative content for his creative vision. And that's fantastic and huge question. Yeah in terms of dylan. Who went to this amazing public high school which was very well funded because of the disruption and because of the importance of education vocational for the For those working on the iron range but he read this stuff. I mean we stop and what my discovery of course was was that he'd been in the latin club and lot of us in the last couple of years. He did lacking for a couple of years. It's one. I think nine boys and fifty girls that may be why he was in latin club I don't think science. I'd suggest in the bucket. Also be seeing a lot of these rome movies sword and sandal movies of the fifties. The movies that hollywood was making because it couldn't make movies about washington and said they saw that mccarthy stops so that rome becomes a metaphor and dylan janka loans's movie house when those that was going to the movies free i think he i think is a lot more to it than that. Not just being made of his teaching my met his teachers. Teach as you know. Obviously this really cool guy. Jaas older than dylan. I guess a mall A sort of fifties at another use a beat that he was rally into literature knees into reading poetry out loud. Which again is a connection to antiquity poetry. Not to be read silently in depending on how he read saint augustine and brahmins navy even if their lips when they read silently. We can't be sure that recipe reading out loud from the right beginning Is what it's all about. And that's what this guy did. And if we believe. I'm dylan bobby. Robert called him and he'll knock it says it's a great article about that Someone go on more. But that dylan dylan being genius. Set us and you don't become a genius when you sit down. Nineteen sixty five and decide to go electric electrichouston genius from a very early age. And so those early years. Sarah potent being aware of that of that background. I think was important is important of sorts of things he might have studied without. I try not to get biographical. Being aware of what dylan was educated. In as being aware of what vaginal was educated in this part of the analysis or assessment that you know it's of that roman middle school.