35 Burst results for "Early Twenties"
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1415: Bitcoin Will Soon Hit $500,000 - Winklevoss Twins
"Welcome everybody to Crypto News Alerts, the number one daily Bitcoin pod. In today's show, I'll be breaking down the latest Bitcoin technical analysis as Bitcoin recaptures $27 ,000 and quoting Max Keiser, the high priest of Bitcoin, Bitcoin is the North Star guiding to the only safe haven asset in the world that protects against inflation, confiscation and censorship preach. Also in today's show, Ethereum futures ETFs can start trading as early as next week. According to top Bloomberg analysts, we'll also be discussing the SEC pushing back the deadline for spot Bitcoin ETF apps, definitely not a good look. And speaking of ETF apps, I'm also going to be sharing the five highlights of Gary Gensler's evasive testimony before Congress quoting Senator Warren Davidson. Gary Gensler's tenure at the SEC highlights two key problems. Number one, Gary Gensler's problem and number two, the SEC's structural problem. That's why I introduced the SEC Stabilization Act to fire Gary Gensler and restructure the SEC. Let's freaking go. Also in today's show, crypto analyst Michal van de Poppe predicts a very positive quarter four for 2023. I'll be sharing his targets in which he outlines. We're also going to be discussing the SEC's inaction on the spot Bitcoin ETF is a complete and utter disaster, according to the Winklevoss twins. And speaking of the Winklevoss twins, I'm also going to be sharing with you their $500 ,000 Bitcoin price prediction, which they say is coming soon. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. Welcome everyone. This is pod episode number 1415. I'm your host JV. Today is September 28, 2023 and Bitcoin is finally back above 27 ,000 as we're pumping right when I hit the live button. We're currently above 27 ,100 up over 300 % today and we continue climbing. Welcome everyone in the live chat. I gracefully appreciate y 'all. Yeah, who knows? Maybe we'll hit 28 ,000 by the time today's live stream is over. Let's see. And make sure to let me know where you're tuning in from in that live chat as I'll be giving everyone a shout out towards the end of the show. And with that being shared, fam, now let's dive into today's market watch. As you can see here, every major crypto back in the green. Bitcoin above 27 G's. We got Ether up three and a half percent trading at $1 ,655 BNB, XRP, Cardano, you name it. And checking out coinmarketcap .com, we're currently sitting above $1 .07 trillion with about $26 billion in volume in the past 24 hours, Bitcoin dominance at 49 .1 % and even the Ether dominance on the rise today at 18 .5 % and checking out the top 100 crypto gainers of the past 24 hours, holy moly, compound up 20 % trading under 49 bucks, followed by Thor chain up 13 % trading at $1 .94, followed by Lido Dow up 8 % trading at $1 .59 and checking out the top 100 crypto gainers of the past week, massive gains, which we love to see, especially after a pretty bearish altcoin season to say the least. We got CompLead in the pack here as well up 20 % and Rune up 13 .4 % and RLB up 13 % and checking out the crypto greed and fear index, we're currently rated a 46 in fear yesterday at 44 last week, a 47 and last month, a 39 in fear. So there you have it, fam. How many of you are currently bullish on Bitcoin and how many of you took advantage of the recent dip? If so, let me know. It's good to see we pump in once again. So hopefully those positions are now in the green. Now let's break down today's Bitcoin technical analysis, check out the charts and why specifically the market is pumping right now. Here we go. Let's get it. Bitcoin hit new weekly highs after the September 28th Wall Street open as markets awaited fresh cues from the US Federal Reserve. And here you can see in the Bitcoin one hour Campbell chart, pretty freaking bullish to say the least. Data from Cointelegraph and TradingView showed Bitcoin price strength staging a comeback, having delivered what some referred to as a classic pump and dump 24 hours prior during the performance. Bitcoin hit a high of 26 .8, which appeared on Bitstamp as a result of 2 % daily gains before Bitcoin retraced all of its progress, then a slower grind higher than took hold with the bulls edging closer to 27 ,000, which we finally just recaptured here a few moments ago. Now GDP for quarter two grew by 1 .7 % year on year below the projected 2%, while the PCE index data for August came in in line with the expectations, quoting analyst Keith Allen, bring on the volatility. Now meanwhile, data from Binance's order book uploaded by Allen showed little by way of resistance standing in the way of the spot price under the 27 ,000 mark. So as you can see, just more bullishness for the king crypto, the macro data constituted just the prelude of the day's main event. Meanwhile, Jerome Powell, the chairman of the Federal Reserve due to the comment later on today, Powell, whose recent words failed to deliver noticeable volatility to the crypto markets was due to speak at the Fed's conversation with the chairman, a teacher town hall meeting event in Washington DC at 4 p .m. Eastern today. Now commenting on the state of play on Bitcoin markets, popular trader Dan crypto trades was a little more optimistic around the strength of the day's move compared to yesterday, September 27th, quoting him here back to yesterday's highs, but with considerably less open interests. No doubt there is longs chase in here, but it is less frothy than it was yesterday. Would still like to see longs chill out and not get to a full retrace later on. So there you have it. Let me know if you agree or disagree with the analysts. Meanwhile, quoting another analyst, right, capital Bitcoin is right back at the bull market support band cluster of moving averages, challenging to break out beyond them. Let's freaking go. Now, elsewhere in the day's analysis, he acknowledged that 29 ,000 could make a reappearance and still form a part of a broader come down for BTC. As he shares here, it's important to remember the Bitcoin could technically rally even as high as 29 ,000 to form a new lower high, which would be phase A and B. He explained alongside this chart. So there you have it. Let me know if you are currently more bullish or bearish on the King crypto and quoting the high priest of Bitcoin, Max Kaiser, Bitcoin is the North star guiding to the only safe haven asset in the world that protects against inflation confiscation and censorship preach. Now welcome to y 'all just joining us in today's podcast. As always, I appreciate everyone's daily support and means the world. And now let's discuss our next story of the day as Bitcoin continues to pump, shall we? We're going to be discussing the Ethereum futures ETFs, which can get approval. They say potentially as early as next week. So let's break this one down, shall we? Ether futures ETFs could start trading for the first time in the United States as early as next week. According to top Bloomberg analysts on September 28th, which is today, Bloomberg intelligence analyst, James Safart said in an ex post, it was looking like the sec is going to let a bunch of Ethereum futures ETFs go next week. Potentially. His comments were in response to fellow ETF analyst, Eric Balchunes, who said he was hearing that the U S SCC wanted to accelerate the launch of Ethereum future ETFs quitting him here. They want it off their plate before the shutdown, he said, adding that he's heard various filers updates on their documents by Friday afternoon so they can start trading as early as Tuesday next week. As outlined here on X. Now the U S S government's expected to shut down at 1201 a .m. Eastern on October 1st. If Congress fails to agree on or provide funding for the new fiscal year, which is expected to impact the country's financial regulators amongst federal agencies. Now neither specified their sources for the latest update on the long list of crypto ETFs in the queue. There are currently 15 ether futures ETFs from nine issuers currently awaiting approval. According to the analysts in a September 27th note, which is yesterday, companies proposing an Ethereum futures or hybrid ETF product include VanEck pro shares, grayscale volatility shares bitwise direction, as well as round Hill. The analysts gave ether future ETFs a 90 % chance of launching in October with Valkyrie's ether exposure on October 3rd, quoting them here. We expect pure Ethereum futures ETFs to start trading the following week, thanks to volatility shares actions. However, we don't expect all of them to launch. So do note that now as previously reported that ether futures ETFs may be approved in October causing the 11 % spike in ether prices and probably why the Ethereum dominance is up as it's been stagnant and down for quite some time. Ether prices are on the gain, currently just under $1 ,700 and we'll see how high we continue to pump, but do note crypto future products aren't as hotly as anticipated as their spot based alternatives. There are already been Bitcoin futures ETFs approved in the United States since 2021, which is a fact, which leads us to the million dollar question. Why have they approved a futures ETFs, but continue to deny and delay all the spot ETFs? We're going to be getting to that a little later as I share with you the highlights from Congress pressing the chairman of the SEC, Gary Gensler. It's going to get very interesting here in a little bit, but now let's dive a little deeper and discuss specifically the spot Bitcoin ETFs and what is happening and why they're being pushed back and the latest updates of where we're currently at. So here we go and welcome y 'all just tuning in. Make sure to smash that like fam. The US SEC has delayed deciding whether to approve or disapprove spot Ether ETFs. And like I said, we're going to be getting in October potentially get some approvals, but in separate notices filed September 27th, the SEC said it would designate a longer period on whether to approve or disapprove these proposed changes. The commission finds it inappropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised there within. The delay came the same day as the NASDAQ market filed the proposed rule change with the SEC for listing its mix ETH basically ETF, a combination of Ether holdings and futures contracts and also proposed rule changes with the New York Stock Exchange, ARCA for the Grayscale Ethereum Futures Trust, hashtag Bitcoin Futures ETF and the CBOE BXE exchange for the Franklin Bitcoin ETF were all filed. September 27th, that's right. If you're not familiar with Franklin Templeton, there are one and a half trillion dollar asset manager. They're also applying for an ETF. Now the SEC announced September 26th, it would designate a longer period to decide on these spot ETF applications. And as James Safart shares here, here's VanEx delay as expected. So another one, I mean, exactly what we were expecting from the SEC. Now in August, ARK investment manager, founder and CEO Kathy Wood speculated that should the SEC move forward with the spot ETF approvals, it would allow multiple listings simultaneously to avoid giving any single company an advantage over another in the market. Her remarks came before Grayscale Investments won a court battle with the SEC over its spot Bitcoin ETF app, which will likely be reviewed in which they're trying to turn their GBTC product into a spot ETF. So hopefully it happens. To date, the SEC has never approved the spot crypto ETF in the United States, but has allowed the listing of crypto linked futures ETFs and a leveraged Bitcoin futures ETF. Manipulation, fam. The next deadlines for the spot crypto ETF apps from firms, which include the largest asset manager in the world, BlackRock, Wisdom Tree, Invesco, Galaxy, Valkyrie, Bitwise and Fidelity are all scheduled for October. So we'll see how this is likely to play out considering October is now only three days away. Are we going to get some ETF approvals by then? Who knows? I think more than likely they're going to push it back again. However, Congress right now is pressing Gary Gensler to approve a spot Bitcoin ETF and ETPs immediately. So now let's break this down. If you missed Gensler, he was pressed by Congress just yesterday. And I know it's on everyone's mind. So let's break down some of the highlights from this recent hearing with Congress and the chairman of the SEC, Gary Gensler. Let's break it down, shall we? Here we go. Blame for kneecapping capital markets in the U .S. and slam for dodging questions around Bitcoin and Pokemon cards. SEC chair Gensler appears to have had one hell of a grilling from Congress this week. September 27th, the U .S. SEC chief again found himself in front of lawmakers in a scheduled hearing to discuss his agency's oversight of the markets. Here are some of the highlights. First and foremost, you are the Tonya Harding of security regulations. We should create a Gary Gensler diss track, right? One of the more colorful analogies came from U .S. Representative Andy Barr, who accused Gensler of kneecapping the U .S. capital markets with regulatory red tape. Barr referred to the old testimony from Gensler where Gensler argued that the U .S. is the largest, most sophisticated and innovative capital market in the world and that shouldn't have been taken for granted as even gold medalists must keep training. With all due respect, Mr. Chairman, if the U .S. capital markets are gold medalists, you are the Tonya Harding of securities regulations. Ouch. You are kneecapping the U .S. capital markets with an avalanche of red tape coming out of your commission. Preach. Barr is presumably referring to a scandal where U .S. ice skater Tonya Harding, I'm sure you all remember the story, I was a kid when this happened, and an assailant to attack her rival Nancy Kerrigan in the lead up to the 94 U .S. Figure Skating Championships and Winter Olympics. Kerrigan ended up not competing in the U .S. Championships and here is John Dickens who shared it here. Mr. Barr to Gensler, it's hilarious, you gotta watch these clips for yourself if you haven't seen them. So the next highlight, I wish the Biden administration would say, you are fired. That's right, shout out to Warren Davidson who also ripped into Gensler saying he hoped that the Biden administration would fire him. Powerful words. Davidson accused Gensler of pushing a woke political and social agenda and abusing his role as the SEC chairman. Preach. Massive shout out to the senators here doing their job. Damn good job. The U .S. Representative added that he hopes that the SEC Stabilization Act he introduced with fellow representative Tom Emmer could make it happen. Quoting him here, you're making the case for this bill, which is the SEC Stabilization Act. Every day you're acting as a chairman, he concluded, and Gensler wasn't even given a chance to respond. Now next highlight, Gensler reiterates Bitcoin isn't a security. That's right. When asked by U .S. House Committee Financial Services Chair Patrick McHenry whether Bitcoin is a security, Gensler eventually relented stating the Bitcoin didn't meet the Howie test. Quoting him here, it does not meet the Howie test, which is the law of the land. Then McHenry suggested Bitcoin must be a commodity, which Gensler avoided answering. Mr. No Clarity Gary, hence how he got the nickname, saying the test for that is outside the scope of U .S. security laws. Mr. Gensler, we're living in a clown world with this guy. Henry also suggested that Gensler try to choke off the digital asset ecosystem facts and refuse to be transparent with Congress about the SEC's connections with the FTX and former CEO SBF facts. Gensler also wasn't given the chance to respond to the claims made by McHenry. Next highlight, are Pokemon trading card securities? Gensler says it depends. Can't make this stuff up. Quoting Representative Richie Torres, I cross -examine SEC Chair Gensler about the term investment contract, which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are defeating and damning. Suppose I was to purchase Pokemon card. Would you constitute a security for this transaction? Gensler responded, well, I don't know the context before eventually concluding it isn't a security if you purchased it in a store. And then Torres asked if I were to purchase a tokenized Pokemon card on a digital exchange via the blockchain. Is that then a transaction? And then Mr. No Clarity Gary said, I'd have to know more because I don't know anything. Yeah, you can't make this stuff up. Gensler then explained to it when it's investing the public can anticipate profits based upon the efforts of others. Then the core of the Howie test, which it is, Torres called Gensler's evasions as damning to say the least. And the next highlight, a sign of defiance. Meanwhile, amongst the back and forth cross examinations between Gensler and representatives, the eagle eyed observers noticed a Coinbase stand with crypto logo behind the SEC chairman. Isn't that interesting? The Coinbase led initiative is a 14 month long campaign that launched back in August aiming to push crypto legislation in the United States. Coinbase also ran a stand with crypto day, which took place in Washington, D .C. September 27th to advocate for better cryptocurrency innovation and policy. So again, shout out to Warren Davidson, Tom Emmer, all the senators for holding Gary Gensler accountable. Hopefully they do something about it. What's your thoughts, fam? Do you think Gary is likely to listen to them and follow their instructions and approve a Bitcoin ETF immediately? Or do you think he'll continue kicking the can down the road as long as possible until he leaves his position as the chairman of the SEC? Let me know your honest thoughts in the comments right down below. Now let's break down the latest prediction coming from crypto analyst Michael Vanay Pop for some price actions for Bitcoin for the fourth quarter, which we are currently in for 2023. Then we'll break down the latest from the Winklevoss twins and their five hundred thousand dollar Bitcoin price action as the price action of Bitcoin continues to pump, baby. Let's go. Here we go. Let's break this baby down. Crypto trader Michael Vanay Pop is expressing bullish sentiment on Bitcoin in the coming months. Despite the recent struggles in a new video, he says that Bitcoin is on the cusp of reaching levels that offer accumulation opportunities per inch. According to the analyst, the trader Bitcoin could subsequently start an uptrend. Ultimately, Bitcoin is into an area of consolidation here, which makes it very likely we're going to have to retest here at twenty five, six and twenty five eight. If we are having a recess in that region, then there is this zone where I want to start buying my entries because of the recess, which is the ultimate recess. And if we're not going to get that, the flip to twenty six thousand five hundred, that is going to be the area where I think I want to activate my positions as well. And then we can start targeting twenty eight thousand. And then we can also start targeting the higher numbers, thirty thousand dollars plus or even more in the projection of quarter four. That is going to be very positive overall. Let me know if you agree that we'll have an overall positive quarter as we about to enter October. Let's go. Vanay Pop also says Bitcoin's current price action is similar to what was witnessed in the prior pre halving year, quitting him again. As long as we stay above the 200 week exponential moving average, we most likely are going to continue to the upside. And it starts to be very comparable to the period that we witnessed in 2015 and 2016. In this case, we needed it, but we started to consolidate and start to trend up afterwards. It is very likely to this period to slowly but surely the price starts to crawl up. And then we are going to have a case of the upside in the markets overall. And to watch this video analysis, the analyst did check the show notes below the video in the description. It's entitled Bitcoin price. I am looking to buy. So there you have it. And let me know if you agree or disagree with the analysts and are you currently bullish on the King crypto or do you think we're going to dip and test the lower levels? Let me know your honest thoughts, fam. And now let's break down our next story of the day. And the Winklevoss twins on the spot, Bitcoin ETF continuously being basically denied and kicked back and pushed back for the past decade. And then we're going to dive into their half a million dollar Bitcoin price prediction and why they're so confident that the Bitcoin price is going to hit their big target. So here we go. Let's discuss them with the SEC first. This was a story which was, let's see when their tweet was actually, let's scroll down. This is Cameron Winklevoss. This was actually on July 1st, it got 1 .1 million views. Now let me read the tweet. Today marks 10 years since Tyler and I filed for the first spot Bitcoin ETF. That's right. Over a decade ago, the SEC governor's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why. They protected investors from the best performing asset of the last decade. They pushed investors into toxic products like the Grayscale Bitcoin Trust, GBTC, which trades at a massive discount to NAV and charges astronomical fees. They pushed spot Bitcoin activity offshore to unlicensed and unregulated venues. They pushed investors into the arms of FTX, subjecting them to one of the largest financial frauds in modern history. Preach. Maybe the SEC will reflect on its dismal record and instead of overstepping a statutory power and trying to act like a gatekeeper of economic life, it'll focus on fulfilling its mandate of investor protection, fostering fair and orderly markets and facilitating capital formation. This would have led to much better outcomes for US investors. Preach. In the meantime, best of luck to all those fighting the good fight to bring the US spot Bitcoin ETFs to life onwards. So much respect. I mean, 10 years of denying this ETF. I mean, you can't make this stuff up. I think they shared perfectly some of the reasoning. It's to hurt the investors and keep you poor and keep you wrecked and keep you desolate and dependent upon a broken government that threw us overboard so frickin long ago. So much respect to the Winklevoss twins. If you didn't know, they're the owners of the Gemini exchange and they were the very first ever to submit the spot Bitcoin ETF app to the SEC over a decade ago. And obviously they're sick and tired of Gary Gensler, his no clarity and his shenanigans. Just like the rest of us, it's time to fire Gensler. If you think Gensler should be investigated and potentially fired, let me know in the comments right down below and I'll be reading your comments out loud here in a little bit. Now for our breaking story of the day, let's discuss the Winklevoss twins and their case for a $500 ,000 Bitcoin price, which they believe is coming soon. So let's break this down, shall we? And welcome to y 'all just joining us in the live chat. Much love and much respect. So here we go. Winklevoss twins' prediction, Bitcoin will soon hit $500 ,000 per coin. And why? And again, shout out to Tyler and Cameron. Let's get, we already know their background, early Bitcoin investors, OGs, early investors as well with Facebook. Some claim that they're the real creators of Facebook and Zuckerberg stole it. But nonetheless, in a recent interview with the National News, the twins explained they remain convinced of the future of crypto. The main reason is the revolutionary and technical properties as well as the potential of Bitcoin to act as a store of value similar to gold. And in addition, crypto has many other advantages, mainly through programmability. Hence, the Winklevoss brothers believe that Bitcoin could even replace the precious metal. In the long term, Tyler Winklevoss shared the following. If you look at the properties that make gold valuable, Bitcoin matches each attribute or does better. The gold disruption story of Bitcoin is super powerful. We believe in it. Tyler Winklevoss explained his reasoning for the $500 ,000 Bitcoin price action, quitting him here. If you do the math, 21 million in the supply of Bitcoin, the market cap of gold, let's say it's 10 trillion, maybe it's 11 trillion, somewhere in that ballpark, that puts one Bitcoin if it disrupts gold and gets that market cap at $500 ,000 per coin. The two brothers did not want to give specific investment tips. However, Cameron reveals the strategy that they use, which is generally the simplest, which is simply HODL. Hold on for dear life, quitting him here. Generally speaking, if you subscribe to Bitcoin being a store of value type investment, then that strategy is HODL. The same way you would HODL gold is you buy and HODL long term investments. So according to the Winklevoss twins predicting the Bitcoin price will hit $500 ,000, they say predictions are difficult, but they believe that Bitcoin will hit the milestone within a decade. And when they were more recently interviewed and asked, where do you see Bitcoin in five years time? Here's what Cameron Winklevoss responded. We usually take a decade view on it. When we wrote a piece on the value that predicted it being $500 ,000 Bitcoin, we said within the decade. And I believe they wrote that in 2020. So they're basically saying by the year 2030, they're anticipating a $500 ,000 plus Bitcoin price with Bitcoin overtaking that of gold as far as the market cap. Now is that in three years from now or nine years? The timing part is hard, but I think the Bitcoin created $1 trillion worth of value in under a decade. That is fact. I believe back in November of 2021, Bitcoin's market cap surpassed a trillion dollar milestone and the total crypto market cap surpassed $3 trillion. But as of today, we're closer to a $500 billion Bitcoin market cap with the entire crypto market cap down to a trillion. Now, it also spawned many huge productions such as Ethereum and the entire asset class. He continues. If you look at the value increases in Bitcoin, it is this punctuated equilibrium where it is steady, steady, steady, and then boom, it reaches a new price level. This is the new normal. So it can happen very quickly. So there you have it, fam. Ultimately saying when Bitcoin takes off, it explodes quick and vast. And especially considering that two of the most bullish catalysts in Bitcoin history were on the cusp of. Six months away from a Bitcoin halving, we all know the Bitcoin cycles every four years, it drives the Bitcoin price up as it increases the scarcity as well as increase demand, basic stock to flow, numbers must go up. And we also have the approval of a Bitcoin ETF likely to take place in 2024, especially with Congress on Gensler's. But we also have the ETF experts such as Eric Balchunes given a 95 % chance probability that a spot Bitcoin ETF likely get approved in 2024. Those two catalysts will absolutely make Bitcoin rip to new all time highs entering price discovery mode like we have never seen before. So how high do you think the Bitcoin price will likely climb by the time of this next halving? Roughly six months out, scheduled to take place sometime in April of next year. Let me know your thoughts in the comments right down below. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Thinking Crypto News & Interviews
A highlight from SEC GARY GENSLER HEARING & SUBPOENA SOON? COINBASE CRYPTO ADVOCACY WITH NANCY PELOSI!
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a 5 star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, as you all may know, Gary Gensler testified before the House Financial Services Committee today. He got grilled. He got a lot of pressure questions and things that he was shaking and unable to answer. It's the same old nonsense. And I'm sure many of you saw the clips, so I'm not going to play a whole bunch of clips for you, but I'm going to give you the big takeaways. What can we expect next? And McHenry, Patrick out of the gate, started grilling Gary Gensler. He asked him, is Bitcoin a security? And Gary was like stumbling, like he couldn't even answer it. And of course, you know, Patrick McHenry was like, what are you doing, man? I'm giving you softball questions. You can't answer me. Is Bitcoin a security? So Gary Gensler continued his clown show. This guy's a scumbag regulator, as I've been saying for a long time, and needs to be fired. But the big takeaway from what Patrick McHenry said, folks, he threatened Gary Gensler and said, don't make me have to send a subpoena. And he highlighted that Gary has not sent documents about FTX. He highlighted Gary's losses in court and much more. So I think the next step, you know, I haven't seen this level of threat about a subpoena from these folks. So I think we're getting there, folks. And I'm actually going to be interviewing Congressman Warren Davidson, who also did a great job grilling Gary tomorrow. And he's going to I'm going to ask him about the subpoena and what are the next steps. And of course, he highlighted his SEC Stabilization Act, which essentially fires Gary Gensler and replaces that chair seat, adds another commissioner and an executive director. So it makes the SEC less political and more balanced. And he has some great questions to Gary. You know, he even alluded to the EITH Ethereum free pass. Some of you may have seen the clip. So he did a great job. And once again, I'm interviewing him tomorrow. So be sure you're subscribed on the podcast as well as the YouTube channel. And Tom Emmer also brought some heat on Gary Gensler saying, I'm convinced you are not an impartial regulator. And he went on and did a press conference about this. And Gary Gensler is a bureaucrat who does not answer to Congress and much more. So, you know, similar types of comments that we've seen historically. But I think the subpoena threat was the big takeaway for me. The other stuff was, you could argue, was said historically and said before and other hearings with Gary Gensler. Now, Democrat Richie Torres did a great job of talking to Gary and getting specific, like he highlighted, is buying a Pokemon card a security? Gary said no. So he said, well, what if that Pokemon card got tokenized on the blockchain? It's a den of security. And that's where Gary was going back and forth and saying he needs more details and yada, yada. But great questions by Representative Richie Torres, very laser targeted in detail where Gary is just like caught off guard and he's trying to dodge the questions. So Gary continues to get exposed. And I like what happened today. I think the clips and all the news that are coming out of it, while they may not be very much actionable, where Gary is getting kicked out tomorrow, right? They do paint Gary Gensler in a very bad light. And remember, I've said many times, a lot of politics is simply optics. And if you have bipartisan support against Gary Gensler, that's not good. He's not going to be in that seat for very long. So it's great to see Democrats coming out against Gary Gensler. Now, quick word from our sponsor folks, and that is Uphold, which makes crypto investing easy. I've been a user of Uphold since twenty eighteen. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and equities on Uphold. If you'd like to learn more, please visit the link in the description. Also, a great comment from Representative Andy Barr to Gary Gensler on capital markets. He said, if the U .S. capital markets are a gold medalist, you are the Tonya Harding of securities regulation because you are kneecapping the United States capital markets with the avalanche of red tape coming out of your commission. Wow. That is a pretty strong remark there. Many of you know about the Tonya Harding story. If you don't look it up, Nancy Kerrigan and Tonya Harden and someone who was sitting behind Gary Gensler started flashing the Coinbase stand with crypto NFT shield. Many of you have seen that. And someone also highlighted the stand with crypto logo on a piece of paper. So this is similar to what happened with the guy who did the buy Bitcoin behind Janet Yellen years ago. So they put this right behind Gary. So it's pretty funny. This is another one that's going to go in the record books. And on that note, the SEC did acknowledge that the 1 .5 trillion dollar asset manager, Franklin Templeton, spot Bitcoin ETF application. Now, that doesn't mean anything because we need an approval. But things are moving ahead for these new applicants. Now, as all this was happening, guess who was in D .C.? Brian Armstrong and the Coinbase folks. Pretty incredible. And they did this whole campaign where they're at the Hill and a Brian Armstrong tweet out here at our nation's capital for a stand with crypto day with 40 founders from across the country. It's time for America to join the rest of the G20 and get some clear rules on the books. So great move here by Coinbase because the juxtaposition of what Gary is saying and what a big publicly traded crypto company is doing with a whole bunch of founders in D .C., educating and providing advocacy is really, really great. So I love this. And you hear you see Brian posted some photos, he said a great meeting with Speaker Pelosi. Now, all feelings about Nancy Pelosi aside, this she's a Democrat, folks, and I think this is a very smart move, Brian. Very, very smart move, because today even Maxine Waters was praising Gary Gensler. Oh, he's the knight in shining armor. And Gary, you know, you've been doing your thing, protecting Americans from these crypto scammers. Right. So remember, just like two years ago, she was hugging up FTX saying she loves Sam Beckman Fried, blowing kisses, taking campaign donations from FTX. So she's can be bought and sold right pretty easily. And I really like this. Coinbase is playing chess here while Gary Gensler is getting grilled. I love it, love it, love it. And they took a whole bunch of photos here at the Capitol Hill. So smart move by Brian. Really, really smart move. Now, finally, Kraken sets sight on stock trading. So Kraken, the crypto exchange, they're looking to expand their services. And, you know, this makes sense. If you're ordering already an exchange where you sell crypto, you can easily move to stocks. And then I know some other folks have been looking to tokenize stocks and sell those. So this is a pretty big move. And we're going to see that these crypto exchanges are going to expand to other markets. And with the advent of tokenization, you know, they're going to tokenize a lot of the traditional financial markets and assets and commodities and much more. And allow people to easily get access to them globally, 24 seven trading and much more. So obviously this would put them up against like Robinhood, essentially right where you have stocks and you've got crypto in the mix. So I think it absolutely makes sense. Well, folks, that's the news. Let me know what you think. What did you think about Gary today in the hearing? And once again, I'll be interviewing Congressman Warren Davidson tomorrow. So be sure to check out that interview once it's published on Friday. And I'll talk to you all later.
Discerning Hearts - Catholic Podcasts
A highlight from Wednesday of the Twenty-Fifth Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Wednesday of the 25th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard deep within your heart. A reading from the Holy Gospel according to Luke chapter 9 verses 1 through 6. Whatever house you enter, stay there, and when you leave, let it be from there. As for those who do not welcome you, when you leave their town, shake the dust from your feet as a sign to them. So they set out and went from village to village, proclaiming the good news and healing everywhere. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Jesus called the 12 together and gave them power and authority over all devils and to cure diseases, and he sent them out to proclaim the kingdom of God and to heal. He said to them, take nothing for the journey, neither staff nor haversack nor bread nor money, and let none of you take a spare tunic. Whatever house you enter, stay there, and when you leave, let it be from there. As for those who do not welcome you, when you leave their town, shake the dust from your feet as a sign to them. So they set out and went from village to village, proclaiming the good news and healing everywhere. What did your heart feel as you listened? What did you sense the Lord saying to you? What did you sense the Lord saying to you? Once more, through him, with him, and in him, listen to the word. Jesus called the 12 together and gave them power and authority over all devils and to cure diseases, and he sent them out to proclaim the kingdom of God and to heal. He said to them, take nothing for the journey, neither staff nor haversack nor bread nor money, and let none of you take a spare tunic. Whatever house you enter, stay there, and when you leave, let it be from there. As for those who do not welcome you, when you leave their town, shake the dust from your feet as a sign to them. So they set out and went from village to village, proclaiming the good news and healing everywhere. What touched your heart in this time of prayer? So so What did your heart feel as you prayed? So what do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the Father that Jesus gave us. Our Father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 09-26-2023 16:00
"Right now, aviation companies like Lufthansa Technik are using virtual reality training to help their mechanics practice crucial engine maintenance skills, helping them prepare for real repairs. Learn more at meta .com slash metaverse impact. Go back 230 years of history, four and a half percent on the 10 year treasury yield. That's the average. So there you go. Yeah. 200 years? That's interesting because Katie keeps bringing this up. And what's great about it is there's, I don't think there's any way for us to actually check anyone's this because data goes back 200 and something from Taylor something years here. All right, guys, we've got a lot to talk about here. I want to start off with the Dow Jones Industrial Average. It is down about 389 points, around thirty three thousand and six hundred points down about one percent here on the day, but more importantly, a close back below its 200 day moving average. The first time that that's happened for the Dow Jones Industrial Average since May. The S &P 500 lower by about sixty four points or about one and a half percent. It is close getting closer to that 200 day moving average, but we should point out it is now on the precipice of being an oversold territory when it comes to the RSI. The NASDAQ composite down more than 200 points or one point six percent. And the Russell 2000 going to finish lower on the day by about twenty three points or one point three percent. All right. Digging a little bit deeper into the big cap names, the S &P 500. We've got the S &P 500, as you said, remain broad based in terms of selling some four hundred and fifty five names to the downside. Katie, forty six to the upside to unchanged. So really a risk off day. And unless my eyes deceive me, you take a look at the industry groups. Every single one is down. We're talking about twenty four industry groups. Hopefully we'll show them soon. Every single industry in the red bear telecom was your relative best bet, but still down two tenths of a percent. And then you go down the list, some of the biggest loser, there's tech hardware.
The Hugh Hewitt Show: Highly Concentrated
A highlight from Rep. French Hill and Sen. Tom Cotton on opposing the shutdown
"Welcome back, America. I'm Hugh Hewitt, another gold bump in honor of Senator Goldbars Menendez. I'm joined by Representative French Hill from Arkansas. Representative Hill is one of the smart guys because he's on the Intel Committee. That's handpicked and the Republicans are always serious about that. He's also on foreign affairs and financial services. Our old friend John Campbell used to serve on financial services. That's one of the smart committees. So Representative Hill, welcome back. Good to have you. But you are a Vanderbilt grad, so we're not going to talk about football. Seriously, you lost to Wake Forest and the University of Las Vegas. Does that, how does that go down with the Commodore Nation? Well, it's we're always waiting for golf season. Congressman, the House is going to come up with a solution or the government's going to shut down. What's it going to be? Look, Hugh, if we want to be strong, if we want to lock in the wins that we got in the debt ceiling negotiation, when we put forward a plan that actually cut spending year over year, change the regulatory focus, encourage more people back into the workforce, we need to pass these 11 remaining appropriations bills. And that was not gotten to over the summer, even though now think about this, Hugh, even though each of those bills is written at a spending level below the debt ceiling deal and each one locks in conservative policies. It's really so frustrating to me that those have been delayed from coming to the House floor, including twice over the last week by a handful of members when they're missing this big picture. Lock in the wins, cut spending, reduce regulations, get more people back in the workforce, get the spotlight back on Joe Biden's failures and off of the House. Congressman Hill, I don't expect you to speak ill of a colleague, but I can. Congressman Gates wants to be governor of Florida. Congressman Maryland native Matt Rosendale wants to be senator from Montana. Ralph Norman, Congressman Ralph Norman wants to be senator from South Carolina. Going to run against Lindsey Graham. And Congressman Dan Bishop wants to be the attorney general of North Carolina. So I understand self -interest. Those guys have no interest in governing. But do they really want to bring down the Republican majority? Because they're going to get crushed if they do this. Right. But by this kind of of tactic, you're going to end up with a Biden Schumer clean debt ceiling deal and with spending levels, certainly at the Biden McCarthy level, but weaker policy, weaker policies. Because in order to be the strongest negotiator, get the most conservative win, we need to pass the appropriations bills. That's why McCarthy's plan this week of trying to get the rest of the bills across the floor, at least 70 percent of discretionary spending, plus plus a four week short term stopgap spending measure measure that cut spending, repeat cut spending for that one month and put border in the spotlight by putting H .R. two on. There is no conservative that should vote no on that. And this is just arguing against ourselves. It's a huge mistake. Now, Congressman Hill, I call him now St. Kevin. I've known the speaker for a long time, and now I'm going to have him nominated to be considered for sainthood because that is a difficult caucus to deal with. When you've got four members who are leading the Nuckelhead caucus and my buddy Ken Buck wants a CNN contract, there really isn't any appeal to their self -interest. How do you move them? I mean, are you going to have to use Democrat votes? And can and can Speaker McCarthy remain speaker if he uses Democrat votes? Well, I think that's what we have to try every single day to put a bill on the floor and find out that, as you say, this small group is the tyranny of the tiny, as I describe it, is violating the majority of the majority because they're going to hurt the conservative cause. They'll cause us to lose the House. And that's certainly not in the interest of the conservative cause when we're on the cusp, potentially of beating Biden in the presidential election and winning the Senate back. It's ridiculous. You know, if former President Trump gets reelected and the House switches to Democrats, they will impeach him in the first week. Do these allegedly Trump supporting congressmen. And it's Norman. It's Maryland native Matt Rosendale is running for Senate in Montana. It's Ralph Norman and it's Matt. Have they heard from the former president that he wants to be impeached again because they sure are acting like they want him impeached again? Well, look, they don't even they spend what he says now. President Trump last week said use the power of the purse to get control of Joe Biden's two trillion dollars of extra spending. I agree. That's what the debt ceiling does. And that's what these spending bills do. And that's why we have to get them across the House floor. He did not say he Trump did not say shut the government down and act like knuckleheads. He said, use the power of the purse to get the most conservative deal. Get this country back on track. I agree. That's what we could do if we had those four people assist us get these bills across the floor this week. Well, I just their their incentives are to get ink. And I mean, their incentives are not the incentives to govern. And I don't know how hot it gets in the caucus. Can you tell us that our members of the caucus about had it with these guys? There's nothing you can do because they're running for statewide office. But if they had it and expressed it. Well, I think they have had it and expressed it in blunt terms, including calling them out that if you vote against the rule on the House floor, you're working with the minority party. You're working with Democrats when you do that. That is not acting as a member of the majority. And I think you're seeing the country respond to look at Moody's comments yesterday, look at the VIX up to day three percent. Look at the 10 year Treasury rate up over four point five percent. This is going in the wrong direction when we should be taking a win right now of cutting spending 24 over 23, getting better rules and regulations in place, countering Joe Biden's bad policies. And as I say, encouraging more people back to work through our welfare reforms. These are classic conservative Republican wins. And we're squandering the opportunity. Snatching defeat from the jaws of victory is kind of a Republican specialty in the House. So let's let's focus on that for a moment. When do you get a test vote today or tomorrow on whether or not the four will move or they will stay for? They've got more than four right now, but you've got serious people like Chip Roy are not playing these games. Will the Freedom Caucus bring whatever persuasive influence they have to bear on them? Well, we're going to bring a rule. The rules committee met Friday and all day Saturday, so we'll be bringing a rule up either tonight or early in the morning. That will be the first test case to see if we can move these spending bills, which includes state and foreign operations spending, which is at one point seven billion below twenty nineteen levels.
Simply Bitcoin
A highlight from Saylor Now Own's Almost 1% of All Bitcoin, BUYS MORE | EP 831
"Yo intro first You're against freedom Yeah, we're gonna salute Bitcoin live we're your number one source for the peaceful Bitcoin revolution for breaking news culture manic warfare We will be your guide through The separation of money and state. I hope everyone had an amazing effing weekend I did I got to chill, you know everyone on the weekends like man like like what'd you do? What like, you know, what did you do anything crazy news, whatever? No, man I stayed home and I chilled and I relaxed because the week, you know, it's the Bitcoin rollercoaster making Bitcoin media You know, it's a grind. I'm not gonna lie It's very purposeful and I'm very very grateful and privileged Opti and I are and the rest of the simply Bitcoin crew But but it is it is quite a bit of a grind. So on weekends, I get to chill. Anyways enough of that breaking news Michael Saylor buys Even more Bitcoin the man or micro strategy better said now owns almost 1 % of all Bitcoin sky talk about Conviction this is conviction Michael Saylor is proving to the world and this is something that I've been saying guys in the next two or three years it is going to be Undeniable, it's gonna be an undeniable fact that naim bukele's Bitcoin strategy and Michael sailors strategy on the public company level is Going to be an alternative than holding fiat currencies on their balance sheets Especially with the FASB rule changes, especially with the Bitcoin ETF around the corner there They're gonna they're trying to do whatever it takes and I believe it's politically motivated I'm not the only Bitcoin or that has said this by the way That they're you know, they're trying to slow this down But it's gonna be undeniable and they're gonna have a very hard time Debunking this that Bitcoin Itself, it's just a better money It's just better money and governments are gonna have a hard time disputing that and the reason they're gonna have a hard time Disputing that number one is because they're always going to do they're always gonna want to debase their currency They can't afford the endless wars. They can't afford sending billions of dollars to Ukraine If they didn't have the money printer, so they're gonna have a really hard time explaining that away and number two Censorship, of course, right and the control on money itself, right? A lot of the reasons that the BRIC nations have sought alternatives to the US dollar Not only because the US government is printing a ridiculous amount of money but also because they've politicized the money they've weaponized the money against their political opponents and Fine, you could you can make the argument. I'm not gonna I'm not gonna make those judgments the government of North Korea are bad Okay, and the government of Russia is bad the government of Cuba is bad. I'm not gonna get into those arguments, right? but let's talk about The vast majority of people that live in those countries that are not have nothing to do with the government They're just like you and you and me. They're just trying to get by they get caught in those sanctions they have nothing to do with it and The system that they want you to live in is if you live in a certain if you were if you happen to be born in a certain country You happen to have certain political beliefs. You are not entitled to have to open a bank account You are a danger. You're a risk. Well Bitcoin is for you Bitcoin is your money it works. So they're gonna have a hard time and this is why we call it the separation of money and state This is why we bring up the book the sovereign individuals so much because it absolutely Hit the nail on the head this what we're living through right now, but it's not only money It's also the disintermediation of information which is happening at the same time. You're seeing it with the Russell Brand stuff You're seeing it with the Tucker stuff Independent content creators are now getting more views and more traction than the legacy corporate media of which they cannot control and that freaks them out too, so After we got over this hill after we endure this this this bumpy transitionary period and if we win the race to avoid the war I Agree with Corey Clifton from swan I think that there's a bright orange future ahead of us and I've never been so pumped about it But I got to say one last thing before I bring up my legendary co -host Michael sailor Please leave some Bitcoin for the rest of us. Anyways Opti. How you doing, brother? I'm doing great man doing great. I also unplugged this weekend. It felt good I was literally joking with everyone in the spaces. I literally lived the meme. Did you guys catch the game this weekend? I unplugged completely what game did he catch? I caught all the games. I didn't do anything yesterday I literally did not a thing yesterday, but watch football Throw tomatoes all you want, but it was it's a great weekend It's good to be a big corner and then also guys mad sailor leave some Bitcoin for the rest of us she It's almost like you taking it all it's almost like you trying to buy all the Bitcoin. Yeah. No, he definitely is bro He he owns 1 % he almost owns 1 % of every Bitcoin. We're at that point. We're at that point in the movie, dude Well, I think this is the PSA where we tell everyone to stop selling your Bitcoin to Michael sailor and huddle onto them coins We're in the dark it actually I saw a good tweet before we go on Nico I saw a good tweet this weekend and it was something on the lines of like Dang, I wish I could remember but it was something like Willy. Woo is bearish Someone there is another part and then it's like and Bitcoin maxis are watching d3 football like if you can't tell that this is the deepest parts of a bear market Like are you even watching there? It was a great tweet I wish I could say it off the top of my head But as you can tell we're in the deep parts of the bear market I hope you guys are stacked and I hope you guys are getting your cash flows up and Just you know getting your body right mine, right? This is the time to get your UTXOs in order to make sure that everything is copa static as we move into a crazy Bull run. Anyways, Nico, we were gonna have a guest today But I'm kind of glad that they didn't show up because I wrote an article for once guys And I'm actually really hyped on this one so I'm gonna read it for you I'm gonna do my best guy Swan impersonation today, and I I think you guys are gonna really like this one So, I don't know it. It's got a lot of soul. It's got some spirit in it It gets me hyped up and maybe I'll give you context for it. I'll just read it and see what Nico thinks He I don't even think Nico seen this yet So I'm excited to get his response his reaction to we're gonna do a reaction video on today's simply Bitcoin Anyway, you go let's get into the show. Are we gonna get a Nico Jones take today? Are we gonna get a wild Nico John? I think so. We got something spicy for the numbers, bro. Let's jump in today. I bet The Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase Really secure stamped seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade Titanium plates instead of just writing them on paper Don't store your generational wealth on paper papers prone to water damage fire damage You want to put your generational wealth on one of the strongest metals on planet Earth? titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they Aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere Titanium stamped seeds will survive nearly triple the heat produced by a house fire They're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for The long haul stamp your seed on stamped seed. All right, everybody. I literally made it super frickin easy Don't put yourself in a situation while you lost Why you have to explain to your grandchildren while you lost your generational wealth because you stored your seed on paper store it on Titanium scan the QR code on your screen use promo code simply get 15 % off anything on the stamp seed website anyways at the time of recording The Bitcoin price is twenty six thousand three hundred and forty sats per dollar three thousand seven hundred ninety seven block height eight hundred nine thousand three hundred and three blocks to having Thirty thousand six hundred ninety seven having estimate April 21st 2024 total lightning network capacity four thousand six hundred seventy three Bitcoin Capacity value one hundred twenty three million u .s. Dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin 513 billion dollars with the B Bitcoin verse gold market cap three point nine nine percent All right, everybody so Opti said Nico Jones ran potential Nico Jones rant What what is this potential Nico Jones rant gonna be about? Well, we've talked about the you know It comes from like the political front this this this saying but I'm gonna apply it to Central bankers, I'm gonna apply to politicians Right, and there is something in the in the political Rhetoric recently and it's called the iron law of something projection, right? So we're gonna take away the political rhetoric because we believe on simply bitcoins not left versus right, right? It's a party of orange versus party of green party of central bank digital currencies nihilism poverty slavery versus a party of freedom Bitcoin Prosperity opportunity optimism, right? So that's really what it's about But I'm gonna take that rhetoric because it is very very powerful rhetoric and I'm gonna say the iron law of central bank Politicians projection never fails it never frickin fails let me introduce you to senator Mendez of New Jersey and let's take a look at what he has to say about Naeem Bukele of El Salvador We have an increasing challenging situation in El Salvador one that threatens both the future democracy in the country and bilateral relations of the United States Over the last two years president Bukele has presided over a number a number of alarming setbacks for democratic governance undermining judicial independence intimidating opposition lawmakers by using security forces to occupy the legislature negotiating political pacts with gangs regularly attacking journalists and media outlets and In addition to these actions Bukele has also repeatedly used his network of Twitter trolls to attract and to attack And threaten not only government critics within El Salvador, but also United States officials We have an increasing challenging situation in El Salvador one So this is just internalize everything everything that this guy said right, you know senator meant You know, he sounded so legitimate.
The Bitboy Crypto Podcast
A highlight from How To Earn Free Cardano!
"If you want to stake your crypto without having to risk leaving your coins on an exchange, without having to lose custody of your coins, well, staking on Cardano has never been easier, and we're going to go through some options. Let's go ahead and discover crypto. Alright, well, first, why would you not want to keep your crypto on an exchange? Okay, within the fine print of these exchanges, if something were to go insolvent, if something were to happen, if there's sort of a bankruptcy issue, those coins are probably going to be lost forever, or at least you're going to lose a portion of them forever. And if you do get anything back, it's going to be legal proceedings, and it's going to take you years. So the phrase, not your keys, not your cheese, or not your keys, not your crypto, has never been more important. And Cardano has some novel solutions that kind of can get around this. Personally, I'm actually no stranger to this. I've lost, essentially, 2 ETH to Celsius. I don't know when I'll get it back. I don't know what I'll get back. And I guarantee, it'll probably be a fraction of what I originally lent. And you know what? At this point, just give me 50%, just give me 75 % of my ETH back, and I would be happy. And this kind of leads you to the question, what is the point of staking rewards if you're just going to end up losing your crypto? I was trying to get I think around 10 % for my ETH, maybe lost forever. What can Cardano do? Cardano actually has tons of options. You could stake on hardware wallets like a Treasure or a Ledger. You can also self -custody on web wallets like Exodus, or you could use a Cardano -based wallet like Yori, or I'm going to go over NAMI today. NAMI was founded by the same person that founded Facebuds. Facebuds was the first 10K PFP on Cardano. This guy has been building for years and years and years. I've been a big fan of his wallet. Today, we're going to be using Chrome. And, folks, you got to be very careful with Chrome extensions. So we're going to use the link from NAMI's actual wallet. I got the NAMI link from Barry's link. Barry apparently named NAMI after NAMI from One Piece. I don't know. That's for the anime fans out there. I'm not so much a fan of that, but I know this is Barry. I've been following this for years and years and years. So I'm going to use the link for the NAMI wallet here. And I'm going to use the link in the NAMI Wallet X account. That takes me to namiwallet .io. And then I feel comfortable going to the Chrome store. I typed it in into the Chrome store. There is only one. There doesn't seem to be any counterfeit apps. Guys, you always got to be careful. There could always be a fake, a phishing site. You just got to be very, very careful. Double -check your URLs. I'll lead you to the NAMI Web Store extension here. I've already have it downloaded. It looks over 200 ,000 users, about 169 rankings. So if you were to Google it and you pull it up, it only has 1 ,000 users. You know it's not the real one. So let's go ahead and go over NAMI now. After you download it, you can either create a new wallet, in which it'll give you your seed phrase, be very careful when you write it down, and then be very careful when you're storing this. Or you can go ahead and upload one of your own wallets. I already have a wallet on here. And we are already staking the Berry pool right here. You can also use this Cardano wallet to hook up to a DeFi application like a menswap. And if we go ahead and click here where it says Berry, now Berry is the staking pool. This is what I have an available reward. So I am staking my Cardano. I haven't claimed it for months. So my 562 has earned me 10 .7 Cardano. But say I want to restake the 10, I would go ahead and withdraw. So we're going to do that now. Okay, you can see the 10 .7 has hit. I now have 573 from 562. And now that is automatically going to be restaked. And then now my next reward should be slightly higher from 560 to 570. You know, maybe I get an extra, you know, 120th of a Cardano now. And the way staking rewards works, it's a little bit like a lottery system. There's a lot of different Cardano staking pool operators, all those SPOs. These SPOs all have a, you know, a random chance to be assigned some staking rewards. You might get lucky and get your staking rewards up to 6 % for an epoch. An epoch is what the Cardano uses for its basis of time for the issuing rewards. So you might get lucky, get 56 % for that epoch, or you might get unlucky, only get 1%. If you have 100 Cardano at the end of the year, expect about 3 .3 extra Cardano after 12 months. If you ever want to change who you're staking to, you can see right here, it says Barry, we're going to switch it to someone in -house. That's right. We have BJ. BJ stakes as well. He has the NES pool. We're going to go ahead and unstake here. And you'll see that I'll give you plenty of warnings here. You'll no longer receive rewards. Rewards from the two previous epoch will be lost. Full balance will be withdrawn. And then the two ADA deposit will be refunded. You have to re -register and wait 20 days to receive rewards again, okay? So I'm going to go ahead. I'm going to lose out on a month's worth of rewards basically for you so we can walk through this process. Alright, let's go ahead and confirm here. So about 30 seconds later, the delegate button is now blank, and we're going to re -delegate to a new staking pool operator. So the NAMI wallet is automatically just going to put you to the Barry pool. So we need to go to pool .pm here. So when you go to pool .pm, you'll see the little NAMI button on the top right. We're going to go ahead and click that and just go ahead and leave us. We're going to give access to pool .pm. Pool .pm is give it as the Etherscan equivalent kind of of Cardano. And now you can see it is unstaked. And so let's find ourselves a new pool operator. Back to the main page by clicking the pool .pm tab here. And then you'll see on the right, it says staking. Go ahead and click on staking. And then you're going to hit search after hitting the staking tab here. And then after that, you will see the pools right there, folks. Me, I'm looking for BJ's NES pool. Type in NES. It looks like he has the only one. Now, if there were two, I'd have to talk to him and, you know, then, hey, make sure we have the right one. See how much aid is delegated. Then we would compare the numbers. He would say, oh yeah, I have 7 .9 million ADA delegated. And then one of them would have 7 .9 million. And the other one would have like 47 ADA. So after you type in NES, go ahead and click join right here. Sign your wallet transaction. And then you just got to wait for confirmation. Now we're going to have to wait a couple epochs before we start getting rewards. BJ doesn't even know I'm doing this, so I'll surprise him in person. I'm sure he'll have a good kick out of this. He's currently in Magic Las Vegas. So you'll just wait for confirmation. It might take a while. And after that, you'll start earning rewards. It is that simple. I'm not losing custody of my Cardano. My other Cardano is still in the other stake pool. So I don't have to worry about, you know, any kind of centralization or, you know, if one entity goes down, I'm not feeling bad about it. If they don't do the right thing with their software and all of a sudden, hey, I'm not getting any rewards. No one's getting any rewards. They're like, oh, I didn't do the update. You don't have to worry about that. I feel very, very comfortable in the Berry pool. If anyone is doing the updates, it is Berry Alessandro. That's all you got to do to stake your Cardano. You don't got to worry about Celsius going under. You don't got to worry about a Terra Luna style collapse. You don't got to worry about Sam Bankman stealing your Cardano and running off to the polycule. Hope you learned something as we discover some crypto today. Let me know where you stake in your Cardano. That's all you got to do to stake your Cardano. See, let's get a low mileage lease on the twenty twenty three Jeep Grand Cherokee four by four nineteen a month for twenty seven months with five thousand five ninety nine to assign tax title license extra. No security deposit required. Call one eight eight eight nine two five. Jeep for details requires dealer contribution and lease through Chrysler Capital. Extra charge for miles over twenty two thousand five hundred includes seven thousand five hundred EV cap cost reduction. Not all customers will qualify. Residency restrictions apply. Take delivery by ten to Jeep is a registered trademark. Bed Bath and Beyond is back with more to choose from than ever before. At the new Bed Bath and Beyond, you'll find all the products and brands you love, along with a huge new selection of furniture, decor and everything else you need to create the home of your dreams all in one amazing online store. Download our new app and save even more with exclusive deals and offers. Plus, get free shipping right to your front door. Welcome to a bigger, better beyond.
The Bitboy Crypto Podcast
A highlight from Bitcoin Bull Market: What No Ones Telling You!
"Anytime you start making paper Bitcoin, or paper silver, or paper gold, and what do I mean by that? Futures, ETFs, stuff like that, that creates paper version. That's not actual spot, right? So anytime you do that, yes, the same money that comes in to buy it, so that they can actually short it, and they could keep it down with unlimited money and unlimited leverage, they could keep it down indefinitely, or until they scoop up as much as they want, when everyone loses interest, and then it takes off. What's up, everybody? Good morning, good afternoon, and good night wherever you're tuned in from. Welcome to another Saturday edition of the Alpha series here on Discover Crypto. My name is Kelly Kellum. Welcome to the show. If this is your first time, and I hope to guarantee that it's not going to be your last time, we've got an excellent guest lined up for you today. Mr. Jesse Olson is going to be breaking down what it means to cut the noise out of all these narratives from FUD and HOPE. Look at the chart, let the chart do the talking for you. So without any further ado, let's go ahead and dive in right to our guest. And I want to ask him a question right up front. Jesse, first off, thank you for being here, but do you think we're still going to get another bull run, bull runs like we've seen in the past, or do you think all these new institutions coming in and big money players coming into the market are going to change the dynamic of what a bull run is in Bitcoin? What's your thoughts? What's up, Kelly? Thanks for having me on. I appreciate it. And we should have some fun here. Coming from a trading standpoint, right? I'm going to come from a trading standpoint and a point of view. When I first got the first bull run, right, 2020, 2021, I was still learning. And yes, I was doing pretty good 2021, really good. But the whole time I was saying this, I was like, please give me one more bull run after this, right? Please give me one more. I'm not 100 % certain that we get another bull run like we did on the last one. And I'm not as optimistic with the big institutions coming in. And I wasn't back in 2020 and I wasn't in 2021. Because coming from options, I know that manipulation is in there because they want to make money. They have billions, if not trillions of dollars. They've had algorithms for, I don't know, 12, 15 years or longer that are probably where us retail folk are at now, right? And they have the money behind it, right? So when futures were created end of 2017, I think Bitcoin started to become more correlated. Then there's trusts like GBTC. And if there's ETFs and stuff like that, I think it will become more correlated. I think it's amazing for traders, right? I just don't think that if I'm wrong, I hope I'm wrong because I will do much better, right? I will do much better if we get a massive bull run. But if we don't, it's because it will become more of a trading thing than it will be a long -term great. I just, you know, it can't be that easy. And if it is great, we'll all be there, right? I'm trading Bitcoin. I'm trading it with leverage. I welcome that. I make way more money on a long position with leverage than I do on a short position because, A, the leverage you're gaining profit and the coin value is going up. But on the short side, the coin value isn't going up, it's going down. So I collect more coins, but the coin value isn't going up. So first and foremost, I do want another bull run and I beg for another bull run so all my snipers can participate and they can make money as well and change their lives. But I'm not certain that it's going to happen. And I would be surprised if they allow it to happen. If big companies are coming in, you know, I don't know. We'll see. It'll be interesting to see. But we'll be there if it does and we won't be surprised if it doesn't. Put it that way. Now, Jesse, I have to say how much I appreciate people that are in this space that bring a balanced view because everybody thinks it's just going to go up, up and away, especially considering the fact that we have the halving right around the corner. Do you think the halving is going to be the primary driver of if we do get a bull run? Do you think the halving really truly is going to have an impact on price action? What's your thoughts on this? I have a couple of thoughts on it. So one, I think the halving will still play a factor, right? If all things are the same, if the same, you know, if the one there's a couple of things that could hurt it. Right. So Bitcoin has never Bitcoin came out after the 2008 crash. Right. So it's never experienced a dot com bubble crash. It never experienced 2008 crash. I have. I went back to zero. I lost everything. So for me, the up only left me a long time ago. Right. Like, I know it's not up only when I thought it was up only in my mid 20s. Right. So for me, a couple of those things. I do have hope for Bitcoin. I do believe on some level they'll be able to manipulate it and suppress it. If you look at gold and silver. Right. Gold and silver should probably be $30 ,000 an ounce by now for gold. And silver should probably be $1 ,000 per ounce by now. And because of paper, silver and gold should probably suppress it. Right. So I believe those are probably should be worth a lot more. The one positive with Bitcoin is anyone can go buy spot Bitcoin much easier than silver and gold. Right. I've bought silver and gold and they deliver it to you in a weird package and it's heavy. Right. It's not easily transportable and all that stuff. So there are some positive about Bitcoin. Right. So, you know, who knows what the agendas are? I don't. That's why I stick hyper focus to the charts, because I don't know what the backroom deals are happening. I don't know the narratives. I don't know any of that stuff. I'm not a top point one percenter making those decisions. So the only thing I can do is trade the charts. But, you know, going back, if we do get this bull run, I do have some reasons why, you know, like you said, you brought up one hundred fifty thousand. I do have a couple of reasons why that I could see Bitcoin hit one hundred and ten, one twenty five and maybe even top would be like one hundred forty thousand dollars. But that's a lot of what ifs. So, you know, we will take it level by level and swing trade the heck out of it all the way all the way up in the bull run. If we get another bull run, that's kind of like the topping that I would see price it. So now I appreciate that answer. And I'd like to shift gears here for a second, because you've been trading for years, years before Bitcoin was even around. And I'd like to dive into that experience a little bit and throw it back to the beginners out there, because we do have beginners that are out there still right now. But disproportionately, as we get new bullish impulses, especially in Bitcoin or the rest of the altcoin markets, we're going to have a huge number, a huge influx of new people into the space. So what would you say if you had that? Maybe not a secret sauce, but a beginner's pack, a beginner's sort of encouragement and the need to knows and the need to uses for people that are starting from scratch. Maybe they don't have a pro trading view account. Maybe they're not buying one of our indicators of one of your indicators or some of the many paid indicators out there. There's a lot of free tools. So what would you say for beginners getting started today or at any point in the future? Where do they start? How do they dive into this? Yeah, definitely. I mean, you know, first and foremost, like before this, I would say salvage as much capital at first as possible. I feel like the faster you want to jump in to make money, the faster you are going to lose money. So it sounds generic that, you know, learn first. Right. But say you already passed, you're going down discovery road and you're trying to learn and develop your own strategy. Right. Well, if you're on trading view, for example, you can get a relative strength indicator for free. If you're on trading view, free platform, you can get the MACD indicator. I think that's the most commonly used for beginners is the MACD indicator. And just before you do anything else, just study it and study it some more and then back test it and develop a strategy based off of your back test. There's an amazing replay button on trading view that you can go back and kind of after you develop a strategy, you can easily go back and hit the replay video and see what that, you know, how that kind of plays out in the past. It doesn't mean it's going to happen in the future, but you can get an idea over time of back testing with the replay button. That's probably number one. And then paper trade. I know it's not exciting. I know I didn't do it. I jumped head head first. I would have five digit wins followed by five digit losses. And it was brutal. Right. And I've never had a six digit loss, but I've had six digit wins. But I've had five digit losses and it wasn't until the five digit losses that made me like I made five digit wins with basically hardly any strategy whatsoever. And that was probably the worst thing that could happen. The best thing that could happen is that I had the five digit win loss and it made me go back to the drawing board. It made me reevaluate my whole life. What am I doing in trading type of thing? That aha moment. And that's when I really went obsessive on the charts and developing my own strategy. I saw other people's strategies out there. And when I would back test it, I went through a phase where I back tested so many other people's strategies. I would just say, didn't work. This doesn't work for me. This doesn't work for me. And every strategy could work differently for different people, especially on different timeframes. So develop something that works for you. Find a timeframe that works for you and your lifestyle. Some of our snipers, they can't do swing trading on the daily chart. They don't have the patience for it. They're scalpers. They're day traders. So you got to know yourself too. And then at that point, as you're graduating from paper trading and back testing, the next level is maybe risk some lunch money. The amount of money you and I would go off for like a nice lunch. And if I were to buy your lunch, I don't even think twice about it. Like something that I'm not even going to lose sleep over. Then I talk about doing lunch money. Then maybe you do lunch money with leverage or blah, blah, blah, or a little bit more money with spot, right? So you got to take it in levels and kind of make it a systematic approach. And if you treat it like a business in those levels, that's when you're going to have a better chance of making it. Otherwise, if you jump straight in and you want to go 50 X leverage, no strategy, no experience, no back testing. I guarantee you blow up account. I guarantee it. One of the things I say is like, if you're, if you're trying to double down, like you were doing well, right? So a couple of things that I've talked about in coaching is that, and by the way, I don't do live coaching anymore. I have recorded coaching, but I don't do live coaching. It's just too much time and energy. But when I was doing those live coaching calls, we talked about this and we talked about that. You know, every time you win a trade, if you're treating it like a business, you pull out, for example, I pull out my personal strategies. I pull out 50 % out of that trading kill and I take it out of the digital world and then go maybe put it in the physical world or diversify in some other way. Right? So you're always taking a piece off, always taking a piece off. And one of them, one of the students is like extremely young. Right. And, uh, I, I said, Hey, what are you gonna do with your winnings? Right. He crushed it. And I was actually jealous of his trade. He, he actually nailed it on high leverage. And I'm like, I'm like, go buy your mom something nice. Right. So not only take like money off the table, but it's the whole mindset. If you're not taking money off the table on each trade, what happens is you're up. Like you were say, you know, $50 ,000, $100 ,000, $10 ,000, $1 ,000. Maybe you're brand new. You're up $1 ,000. And that's the most you've ever had. You want to flip that into $10 ,000, right? Then you want to flip that into a million dollars. And that's, and that's what you just fell into that same example you just gave you fell into that mindset. And you only can do that by learning the hard way. So what you have to do is be more systematic about it. And after a win, fighting the urge of going back in and instead of going all back in, you're, you're pulling some out and then you're, you're, you're going at the new, every trade you have to treat as brand new and instead of jumping in and out is everything lining up on the charts, just like it did the first one, you nailed the first trade. And a lot of times this happens when you're, I talk about it, you'll have like nine winning trades in a row and we're human. We're not robots. I'm not a robot. I know I'm most likely to have a bad trade after I've had nine in a row. Why? Because my confidence is so high. I've skipped steps, right? So if you skip steps because your confidence is so high, that's when you're most likely going to have your next loss. And if you forget to put, and if you make a mistake on that, you forget to put in a stop loss. You do too high of leverage. Next thing you know, you're having a major setback and a change. It sets you back not only on financially, but mentally. So be cautious. Once you are making the wins and you are winning like nine times in a row, you're going to have a loss. And usually it's because your confidence is so high, not because you're, you've been on a losing streak, right? So just want to point that out. And it was based off what you're kind of talking about. You're winning. It was the bull run. And then all of a sudden you went all in with more leverage and took a $70 ,000 loss. So you learn from your mistakes, right? Yeah. Well, I got to say, I couldn't agree more with you on all those great places to start for beginners and how utilizing a lot of those free tools that are available to you to get started, to understand the mechanisms of all these tools that you're going to be utilizing when you're doing price analysis and trying to figure out when to buy and when to sell. It's not just about looking at price action. It's about looking at those underlying data sets that can give you an edge as to when trends are going to shift. So with that being said, I have to say, Jesse, thank you so much for being here. Thank you for taking your time to share your thoughts with us and your lens on this market. And everybody, if you want to see more of Jesse, throw one in chat, comment down below, hit that like button, hit that subscribe button, ding the bell. And if you would make sure you head over to Jesse J -E -S -S -E -O -L -S -O -N, find out so much more about him here, all kinds of different content he shares on a daily basis, really breaking down charts. He even has his own Market Sniper Academy right here at MarketSniper .Pro. You can also find out more information on BitLab Academy right here at Academy BitLab. Follow me, of course, at Kelly Kellum, K -E -L -L -Y, K -E -L -L -A -M. Make sure you check out bitlabacademy .com. We have all the tools and courses and strategies and the community that can really help you dive into this space and understand what is going on. Self -custody, trading fundamentals, psychology of trading, on -chain analysis, candles, candle patterns, indicators. There's so much in here as a point. Join us here in BitLab Academy. You can still use our coupon code GIVEME30 for an additional 30 % off your first month. I hope to see you in there in the Discord and over on the BitLab Academy daily YouTube stream right here at youtube .com forward slash at BitLab Academy. I'll see you there. I hope you all have a wonderful day. Have a wonderful weekend. Get out of the charts and we'll see you in the next video. Adios.
The Breakdown
A highlight from How the Crypto Investing Landscape Has Changed
"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 Sunday, September 24. And that means it's time for Long Read Sunday. 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. Hello, friends. Welcome back to Long Read Sunday. Today we are getting into a topic that relates to maybe one of the biggest themes that we're watching right now, which is capital fun flows and the institutional engagement with the cryptosphere. Now, our piece today comes from Jeff Dorman, the CIO of ARCA, who has some really interesting insights to share about the time that he has been running his fund. The piece is called What I Learned Managing a Crypto Fund for Five Years. And because I am recording my sixth podcast of the day, I am going to enlist a little help from AI me, but I will be back as regular old NLW with some wrap up thoughts at the end. I've been running a crypto fund for one thousand eight hundred and twenty five days. ARCA just achieved a major milestone, reaching a five year track record of managing outside capital in our liquid hedge fund. Five years in any other industry may not seem like a long time frame, but in crypto, we often joke that one crypto year is equivalent to five normal years. And with twenty four seven trading hours, it's not untrue. During these past five years, I have seen many of our peers come and go, leaving a bit of survivorship bias as it pertains to crypto asset management. As chief investment officer overseeing this fund, as well as three others under the ARCA umbrellas, I experienced firsthand the evolution of this industry through good times, bad times and constant innovation. The five year anniversary provided a natural timestamp to reflect upon what I learned about managing money and about the industry. Here are five of the most important takeaways from managing a crypto portfolio for the last five years. In short, investing in these markets is very challenging. One tweak assumptions and risk models. This perhaps goes without saying to any person who has invested in this market, but this is not an easy asset class to invest in. For starters, the frequent booms and busts creates a false sense of liquidity and an often accurate depiction of expected beta and returns. All risk models, expected loss provisions and sizing parameters are based on historical data and correlations, which change incredibly quickly. There is a reason why most funds in this space are early stage venture funds, where many of these real time market related issues are not relevant. For those like ourselves who manage liquid funds, it is a constant game of tweaking assumptions and risk models to interpretation over speed. Contrary to popular belief, just because crypto markets trade 24 seven globally does not necessitate 24 seven trading coverage. Overtrading every tick is costly in any asset class, and the additional hours of crypto trading often try to lure you into more activity. But the reality is that the fragmented global investing landscape actually gives you more time to react to news and information. While there will always be bots and algorithms that react immediately to news, much like after hours equities trading post earnings, these initial knee jerk reactions are often wrong. And since one third of the world is sleeping at any given time, it often takes days for the true market reaction to play out. A correct interpretation of information is much more important than the speed with which you react. Three, careful documentation is crucial. On the flip side, the 24 seven workday does lead to difficulties not seen in traditional markets. In TradFi, even your worst day week eventually comes to an end, giving you ample time to reset and think through decisions while markets are closed without price gyrations clouding or influencing your thought process. In crypto, these natural resets often don't exist. Take the events of Terra Luna, for example. The entire unwind of a 30 billion dollar ecosystem happened within three days, with continuous trading and new information flow over the 72 hour period. We made decisions during this stretch that in retrospect would not have been made with more of a grace period. And we have since learned how to better implement risk management during a future period like this. In hospitals, mistakes don't often occur because doctors are overworked or tired, but rather because of improper handoffs to the next doctor who lacks that full set of information because the previous doctor failed to document fully. Crypto asset management requires similar knowledge, handoffs and documentation for balance between short and long. In debt and equity markets, quiet periods of time, summer holidays often lead to slow grinds higher in price. It is expensive to stay short and dividends and coupons continue to accumulate, adding more buy interest to the market. The opposite is true in digital assets, since the majority of crypto projects accrue value through network activity, slower periods of time tend to slow momentum of an asset. And since most assets have no distribution of cash flows, the cost to short is minimal. As such, negative price action tends to be more prevalent when markets are slow, leading to difficult decisions with regard to hedging and long exposure. As a result, active management continues to trump passive indexes. Rules based passive index strategies simply cannot keep pace with the innovation and changes to these markets. Similarly, these indexes can't take advantage of the volatility, which creates quite a bit of alpha. Over time, this will likely change as the market matures, but we're not there yet. Building a good team is fundamental for success and incredibly challenging. I've worked for seven different financial firms over the past 25 years. I've seen thousands of resumes and have interviewed hundreds of people. I've worked personally in just about every financial department, banking, trading, research, sales, business development. If a TradFi Wall Street firm asked me for a candidate, I could find them one pretty easily that best fits their needs. Five, hire people passionate about the industry. But what are the best attributes and qualifications for a research analyst in crypto? What makes the best trade ops person? Who is best suited to handle investor relations? These are still not easy questions to answer in crypto. During the first few years of our fund, we took what we could get, which is to say, whoever wanted a job. The pay sucked, the hours were long, and the future was very uncertain. Anyone who wanted a job in this industry in 2018 shared a true passion for blockchain success and was willing to learn any part of the job necessary to succeed. Most people who joined this industry pre -2020 are still working in this industry, and their job responsibilities evolve in real time. But in 2021, I could have handpicked any person I wanted from every major bank, brokerage, and hedge fund, who all had zero crypto experience but saw big money ahead. The resumes were pouring in. Many of these employees didn't work out. In 2023, we're back to the passionate souls who will do anything to work in this industry. Six, everyone wears multiple hats. This is a very hands -on business where research analysts have to test functionality of applications, challenge status quo financial modeling, and network live with other industry veterans at conferences. Traders have to navigate back and forth from US macro to Asian currency markets to crypto -specific on -chain wallet movements depending on the current correlation du jour. Back office employees have to test new service providers every three weeks to keep up with changing regulation, best practices, and LP demands while navigating constant bankruptcies, closures, and hack attempts. The common denominator seems to be a real willingness to test new theses. If you give 10 equity analysts the same inputs, they will give you largely the same answer and will present the same homogenous modeling techniques to arrive at this answer. If you give 10 crypto analysts and traders the same inputs, they will most likely give you 10 different answers using entirely different analyses. That's refreshing and often leads to outsized alpha, but also creates challenges when it comes to creating a repeatable formula for success. Seven, trade ops is the most important department. When I worked at credit and equity funds, the back office was overlooked. They were usually young kids eager to move into a real trading role as soon as they could. The job was basic blocking and tackling. Make sure trades settled, make sure your brokerage statement was accurate, and make sure the fund admins did their job. Compliance teams were there simply because they had to be. We all knew the rules, we obeyed them, and if there was any doubt, we checked with compliance but knew the answer would be, don't do it. We should be so lucky in crypto. Trade operations is the single most important job in crypto. You have to touch the assets every single day and a single mistake could cost the firm millions of dollars. As a result, not only do these need to be the most trustworthy people in the firm, but they need to build redundancies that can still operate even if they themselves vanish. Getting into a trade ops role is more glamorous than getting out of trade ops, and those who build their careers in this subset of the fund business end up learning the most about blockchain. Similarly, compliance is not an afterthought in crypto. Unlike in TradFi, it cannot be assumed that your employees know the rules, as most come from completely different backgrounds than Wall Street. Constant education and monitoring is a must. Further, a compliance officer can't just read the rules and assume compliance since there are few clear rules to follow, despite Gary Gensler telling us otherwise. To do your best as both a fiduciary and a law -abiding company is a Herculean effort. 8. The sell side is getting better. In traditional finance, the sell side offers a pretty valuable role. They underwrite new transactions, create novel financing ideas, advise companies on how best to participate in the capital markets, facilitate trading in existing securities, write research on new and existing securities, and pass along market color between participants. Both full -service investment banks and niche broker -dealers exist, but regardless of whether you use a one -stop shop or piecemeal the services with multiple firms, the services themselves are all covered. While the sell side is getting better in crypto, it is still incredibly fragmented and many of these services still do not exist. As a result, fund managers are often on an island, forced to manufacture its own deals, structure its own financings, and do its own research from scratch. Written research from OTC trading shops has greatly increased in volume and improved in quality, providing a necessary channel check on the state of the markets. But the trading itself continues to be very exchange -based, black box, and therefore lacks natural axes between investors. Trading color about flows and activity has improved, but there are fewer market participants to glean information from. There is still no full -service investment bank, and in fact, true investment banking services for underwriting and advisory of token launches is probably the biggest white space going forward. I'm constantly shocked at how few well -known Wall Street capital markets tools are utilized within crypto. Most token launches are doomed from the start. From low float, high fully diluted valuation, FDV token launches, to direct listings at insane prices, to poorly written tokenomics, token issuers, who are often developers and lack financial knowledge, continue to have to come to market without the assistance of those who know how to do this best, which subsequently leads to worse investment opportunities for asset managers. Some service providers are getting a lot better, like Custody Solutions, OTC Trading, and Options Liquidity. Still, others are getting worse, like fund admins and auditors, who in the wake of FTX are pulling back from these offerings. On the tech and research side, it's amazing that Bloomberg's crypto services continue to be irrelevant. The coverage list, their index, and all functionality is still from 2017 and does not take into account how much this industry has grown and evolved. Fortunately, newcomers like Nansen, Masari, Glassnode, Dune Analytics, Telegram, and others have innovated fast enough to take this corner, and we are grateful for these companies. It is entirely possible to run a crypto fund in 2023 without ever logging into a Bloomberg terminal. Overall, fund management is still challenged by the lack of sell -side tools. As the sell -side improves, so will the number and breadth of funds. 9. The investor base is getting smarter. When we began our fund five years ago, we knew the educational journey for prospective LPs would be slow. We were learning constantly as we invested and doing our best to educate interested investors in real time, but it was not practical to expect anyone who wasn't focused full -time on this industry to keep pace. Questions from prospective LPs tended to focus more on how we invest versus what we invest in, and there was definitely a bit of a leap of faith by investors. Fast forward to today and the script has completely flipped. LPs are getting much smarter about the asset class and the investment universe, thereby asking better questions. In some cases, the LPs now know more than we do as they are exposed to different areas of the industry that may not be in our everyday focus. That said, the amount of bad information that continues to flow effortlessly through the media and influencer accounts continues to reach LPs as well, often surprising us in regard to certain topics of interest that we deem irrelevant, but our investors believe are topical. As investors start to become more digital asset savvy, they want far more control over investments and specificity has increased. Asset managers in this space have launched highly specialized funds based on investor demand, including DeFi focused funds, NFT funds, etc. Many asset managers, including ARCA, have started creating funds of one inch that allow for more specificity, but provide the professional team to manage the investments. In 2018, if you asked us, we would recommend going with a professional investor, but as information is more readily available and UI UX of projects get better, we encourage retail investors to research and invest. However, to generate alpha where information asymmetry exists, it's still valuable to have professional fund managers who can take advantage of the 24 -7 news cycle, market volatility, and a murky regulatory environment. Overall, running a fund in this new and innovative space has been incredibly rewarding and we look forward to the next five years. Fund managers will continue to straddle the line between becoming more TradFi -like and adopting best practices of Wall Street, versus finding ways to take advantage of crypto -only opportunities, yield farming, airdrops, testing new applications. The most important factor for success in the digital asset space is faith in the future. We have to believe we are at the frontier of building a new financial system that has the capacity to transform society. While we fully expect bumps in the road and pushback from incumbents benefiting from the status quo, we know that as long as we continue to move forward, fight for the necessary changes, and adapt as needed, this industry will succeed. Okay guys, back to regular old non -AI NLW. The thing that stands out to me after reading that article, as trite and as cliche as it sounds, is just the how early we are theme once again. Every cycle it feels like we see it as the mass flow of new institutions into the space and to some extent it's true. We obviously got a lot more market participants from the traditional sector last time around than we had before. It feels, however, now that we're inching ever closer to a period in which those traditional actors aren't just tourists, but are long -term participants in the space. Certainly right now you have an interesting jockeying for position where the Blackrocks and Fidelities and Franklin Templeton's of the world are laying the foundation for what seems like a much more proactive end -to -end from the beginning of the cycle on through whatever happens after kind of approach. I've said before and I'll say it again that I think Blackrock's ETF application will mark a significant pivot inflection point of this cycle when we look back at it historically. I think we will see it as a firewall that stopped whatever further slide might have happened and reinforced for market participants that crypto, despite being as down as it was in every sense of the word, was going to come back. And so I think about Jeff's next five years running a fund and how different they'll look. The different participants that will make up the market. The different ways in which people will engage. It's pretty hard to imagine from where we are, but it's certainly interesting to think about. Anyways friends, that is going to do it for today's Long Read. I hope you are having a wonderful fall weekend wherever you are. Until next time, be safe and take care of each other.
On The Rekord
A highlight from Episode 123 - Sept. 25th, 2023 - 2 Many Toos
"Yes, indeed, yes, indeed, yes, indeed. DJ Intense here from On The Record Podcast. I'm your host for the most. And to my left of me, I am Walt. What's up, Walt? I'm pretty good for the most part. I slept in today. I also linked up with my guy, Louis P. Shout out to Louis P. Big shout out to Louis P. Can't wait to get him on the podcast for an interview, one of these days. Definitely need that. Or just a joint venture. Yup, friend of the show. You know what I'm saying? You can, you know, we'll do an episode with them and then they can do an episode with us. That's perfect. That works. We need to do more of that, for sure. We went to go see, it was me, some other mutual friends that you're familiar with. We went to go see Expendables 4. Oh, really? Big shout out to 50 Cent, huh? Yup. No, no, no. Big shout out to Fifth. There's one thing I can say about 50 and stuff like that, regardless of all his antics, shenanigans, real life situations that made him who he is. He's always been professional in all aspects and willing to do the work and endorse whatever his he is tied to brand wise. So I respect him a lot. And, you know, inspired by a lot of his own, what he's done so far. And he's super smart. Very, very, very, very intelligent in a lot of different areas. Excuse me. I find it unique with 50 Cent or just unique in general with all these movies coming out promotional. It's terrible because the sag are still striking right now. Yeah. So it's a it's a it's a tough situation because because on one hand, you know, I just want, you know, these productions to keep putting out high quality stuff. But on the other hand, they got to be fair to their workers. Exactly. You can't just be having like, you know, like like three fourths of the pie. And in this twenty five percent is split among like 100 ,000 people. Exactly. That's that's that's ridiculous. Not at all. And we never see out of those out of those 100 ,000 people, maybe only one percent getting the top earnings. Yeah, man. The rest is fighting for scraps. Absolutely. So because you're in a you're already in a business where it's high risk, high reward on both ends. Yeah. The actor, the studios and all that stuff like that. The writers and the producers and the directors behind the scenes and the costume designers, editors. It's just so many. And we're never talking about just simple, you know, regular editing as far as script. Why about video editing? Then you have the guy, people who do the coloring for videos. It's a very, you know, strenuous process of how to actually put a movie out, the editing of the group behind it, get the color scheme right, the right focus going, the right cut scene, the right angles. Just imagine who oversees all those emails and all them up and have to check them constantly and stuff like that. It's just man. Yeah, a lot of manpower. Oh, absolutely. OK, was it a good movie? It was it was a bit it was a bit underwhelming. I think it had some really good moments and stuff like that. But listen, I get I get what you're saying. It's just like it is. I'm not I'm not asking for no Oscar worthy performance or anything like that. I don't I don't expect to get that out of those type of movies. And I'm not sure I'm not sure a movie like that would ever fit whatever fit like their criteria where you win like those big awards and stuff like that. But I will say out of out of but I will say I've seen enough action movies where I could be like, yo, it's kind of this. This could have been a lot better given given like, OK, I will say this could be a lot better given all the action movies I've seen in recent times, like like one of the one of the action movies that I like a lot. And I think it's a really good look for him is the redemption movies with Chris Hemsworth on Netflix. Who's in that? I'm the guy who played Thor. Oh, OK. Yeah. Yeah, I like those movies. He has to have two outs so far. And they've been good and stuff like that. I don't know how how much further they're going to keep on going with it. But it's just like you've seen enough action movies and you know enough about everybody's, you know, resume in that field to be like, OK, this could have been a whole lot, whole lot better and stuff like that. Wait, was Chris Hemsworth in The Expendables? No, I was just making an example of like, you know, a dude who's done action films. That's not, you know, that's a bit different what he's accustomed to do it. But it's still really good. When I look at Expendables, I think of like, oh, what was it? It was Action Bronson, Charles Bronson, those movies. It was a death, death, death wish, death, death wish, right? Back in the day, early 80s, 90s. I think I know what you might be talking about. Well, you know, it was just it's like a.
Discerning Hearts - Catholic Podcasts
A highlight from Sunday of the Twenty-Fifth Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Sunday of the 25th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You over. take Become aware that he is with you, looking upon you with love, wanting to be heard deep within your heart. A reading from the Holy Gospel according to Matthew chapter 20 verses 1 through 16. Jesus said to his disciples, the kingdom of heaven is like a landowner going out at daybreak to hire workers for his vineyard. He made an agreement with the workers for one denarius a day, and sent them to his vineyard. Going out at about the third hour, he saw others standing idle in the marketplace and said to them, you go to my vineyard too, and I will give you a fair wage. So they went. At about the sixth hour, and again at about the ninth hour, he went out and did the same. Then at about the 11th hour, he went out and found more men standing around, and he said to them, why have you been standing here idle all day? Because no one has hired us, they answered. He said to them, you go into my vineyard too. In the evening, the owner of the vineyard said to his bailiff, call the workers and pay them their wages, starting with the last arrivals and ending with the first. So those who were hired at about the 11th hour came forward and received one denarius each. When the first came, they expected to get more, but they too received one denarius each. They took it, but grumbled at the landowner. The men who came last, they said, have done only one hour, and you have treated them to the same as us, though we have done a heavy day's work in all the heat. He answered one of them and said, my friend, I am not being unjust to you. Did we not agree on one denarius? Take your earnings and go. I choose to pay the last comer as much as I pay you. Have I no right to do what I like with my own? Why be envious because I am generous? Thus the last will be first and the first last. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Jesus said to his disciples, the kingdom of heaven is like a landowner going out at daybreak to hire workers for his vineyard. He made an agreement with the workers for one denarius a day and sent them to his vineyard. Going out at about the third hour, he saw others standing idle in the marketplace and said to them, you go to my vineyard and I will give you a fair wage. So they went. At about the sixth hour and again, at about the ninth hour, he went out and did the same. Then at about the eleventh hour, he went out and found more men standing around and he said to them, why have you been standing here idle all day? Because no one has hired us, they answered. He said to them, you go into my vineyard too. In the evening, the owner of the vineyard said to his bailiff, call the workers and pay them their wages, starting with the last arrivals and ending with the first. So those who were hired at about the eleventh hour came forward and received one denarius each. When the first came, they expected to get more. But they too received one denarius each. They took it, but grumbled at the landowner. The men who came last, they said, have done only one hour and you have treated them the same as us, though we have done a heavy day's work in all the heat. He answered one of them and said, my friend, I am not being unjust to you. Did you not agree on one denarius? Take your earnings and go. I choose to pay the last comer as much as I pay you. Have I no right to do what I like with my own? Why be envious because I am generous? Thus, the last will be first and the first last. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more, through him, with him, and in him, listen to the word. Jesus said to his disciples, the kingdom of heaven is like a landowner going out at daybreak to hire workers for his vineyard. He made an agreement with the workers for one denarius a day and sent them to his vineyard. Going out at about the third hour, he saw others standing idle in the marketplace and said to them, you, go to my vineyard too and I will give you a fair wage. So they went. At about the sixth hour and again at about the ninth hour, he went out and did the same. Then at about the eleventh hour, he went out and found more men standing around and he said to them, why have you been standing here idle all day? Because no one has hired us, they answered. He said to them, you, go into my vineyard too. In the evening, the owner of the vineyard said to his bailiff, call the workers and pay them their wages, starting with the last arrivals and ending with the first. So those who were hired at about the eleventh hour came forward and received one denarius each. When the first came, they expected to get more, but they too received one denarius each. They took it but grumbled at the landowner. The men who came last, they said, have done only one hour and you have treated them to the same as us, though we have done a heavy day's work in all the heat. He answered one of them and said, my friend, I am not being unjust to you. Did we not agree on one denarius? Take your earnings and go.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Thinking Crypto News & Interviews
A highlight from ANTI BITCOIN BOB MENENDEZ CHARGED! SEC GARY GENSLER DOESN'T LIKE THE LAW (CRYPTO NEWS)
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got very interesting news, which I'm sure many of you may have heard in the mainstream media, and that is Senator Bob Menendez has been charged with bribery and a whole bunch of other crimes. And you may say, well, Tony, why are you talking about this? Right. Well, folks, Senator Bob Menendez, who is a Democrat, he introduced a bill back in 2022, which would help to stop Bitcoin adoption in El Salvador. And he was citing that the adoption would open the door for money laundering and corruption. Wow. Talk about hypocrisy, folks, right? This guy all along for a very long time, his track record, he's been accused of doing a lot of shady stuff and now he's being charged here. The folks at Bitcoin Archive said the senator who said Bitcoin can open the doors of corruption in El Salvador was just indicted for corruption by federal prosecutors who seized one hundred thousand dollars in gold bars and four hundred and eighty thousand dollars in hidden cash from his home. So politicians those who are often very loud and screaming against crypto are the ones who have a lot to lose and a lot to hide, who are probably doing shady stuff. For example, Elizabeth Warren, Brad Sherman, Gary Gensler, right? I'm sure they've got some really nasty stuff in their closet. And some folks have shown that Elizabeth Warren has a net worth of seventy three million dollars. And of course, her salary is just like two hundred and eighty thousand a year. That's a great amount of wealth she's accumulated from just a senator's salary, right, folks? But we know the game, right? This is why we got to keep fighting and we got to expose these corrupt bureaucrats and politicians like Elizabeth Warren and Brad Sherman. We know they are puppets on the string doing a lot of the bidding of the tradfi incumbents and people who would love to kill crypto and not just even kill crypto, but just stop or kill the startups and allow their banking buddies and Wall Street buddies to come in and take over. So I'm glad these folks are getting exposed. And President Nayib Bukele, who, of course, he's the president of El Salvador, he tweeted about this news. He said, this is the guy that called for an investigation against us. He ended up being charged, period. So I'm glad he's doing a victory lap there. Now we got some interesting news about a library in the SEC. So we had reported just about a week and a half ago or two weeks ago that library was going to file an appeal. And this is based on the Ripple lawsuit outcome. Right. It makes sense. We have new case law with XRP, so it makes sense for them to appeal. And the First Circuit Court of Appeals in Boston has directed library to file its brief by November 1st, 2023. Now of course, this is no guarantee they're going to win. But the point is, we want to put the pressure on the SEC and Gary Gensler. We want to expose them for their lies, hypocrisy and much more. So I'm glad library is doing this. Attorney Jeremy Hogan highlighted a video here with Gary Gensler being interviewed. And it just shows his hypocrisy that he doesn't care about the law. He just cares about his own power and his next job. And it's no wonder Judge Sarah Netburn said the SEC has no faithful allegiance to the law. So he says the crypto space is full of hucksters and noncompliance. Well, the reporter asked them, would anything a court says change your mind? Great question. Gensler said, well, no, not really. And of course, he looked very shaky. He's losing confidence. And Attorney Jeremy Hogan said, you can't make this stuff up. So clearly, this man has no respect for the law. He's just making things up as he goes. It's about his show, his power, his ego. And we can't have that, folks. This guy's supported by our tax dollar. He should be kicked to the streets. And I'm telling you, I hope that Coinbase mops the floor with his buffoon and the SEC so that he has so much pressure on him. He's forced to resign. I'm hoping that happens. Now, Stuart Aldarati highlighted that same video. And here's what he had to say. What's most concerning to me and should be to you in the full video clip, this is the shocking admission of an unelected bureaucrat that he won't respect the decisions of the courts. So I'm thankful for the judicial branch and the balances we have in the government that a corrupt scumbag regulator like Gary Gensler, as much as he can go around saying all kinds of nonsense and nasty stuff, he has to respect the courts in a sense of what they put out there. Right. The SEC has to abide by that. Now, he may not personally agree, and he can, you know, like in this interview, say, oh, no, I don't agree with anything. But at the end of the day, if he takes a loss, he takes a loss. Right. So we got to keep fighting. I'm hoping the industry keeps fighting back as well. Now, quick word from our sponsor, and that is Uphold, which is a great crypto exchange that I've been using since twenty eighteen. I've interviewed their CEO and many representatives so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and thirty seven fiat currencies so you can switch between these different currencies and crypto and precious metals at a click of a button. So it's a unique platform and they've been around for a long time. Once again, I can vouch for this platform. So if you'd like to learn more, please visit the link in the description. All right. Let's move ahead. Caitlin Long was at Mainnet and she was tweeting out some of the statements coming out of Mainnet. I was at Mainnet yesterday and I met her. I tweeted out a photo of us together. I was supposed to go on Wednesday as well, but I wasn't feeling too hot. So stayed home that day. But, you know, there was a lot of folks there. And Brian Armstrong, CEO, was there. He said the Biden administration has been terrible for crypto. Well, that's to say the least, right? That's an understatement. They've been horrendous, in my opinion. Caitlin also highlighted that 61 percent of pro -crypto voters actually this is she's highlighting what Chris Lee Hain had to say, that 61 percent of pro -crypto voters in 2020 voted for Biden. Democrats are at risk of losing them in 2024 due to anti -crypto policy. Absolutely right. And these Democrats are shooting themselves in the foot. Patrick Hanson of Circle highlighted the following, that the euro stablecoin, obviously Circle issues USDC, but they also have the euro stablecoin and it's now EURC instead of EUROC. So just an update there. So the euro coin is now EURC. So just heads up on that, folks. And I want to highlight something I tweeted out today, and I think it's important. And, you know, all emotions aside, all feelings aside, I was highlighting that I'm very bullish on Ethereum for the 2024 -2025 bull market. Now this is, once again, all emotions and feelings about Bill Hinman and Joe Lubin aside, I still want those guys to be held accountable. But as for the token and the code, it's getting adoption. And I highlight that PayPal is building their stablecoin in Ethereum, right, PYUSD, Citibank's token is built on Ethereum. JP Morgan is working on a deposit token, which is built on Onyx, which is a permissioned version of the Ethereum blockchain. Coinbase is obviously launching base, which is their layer two for Ethereum, or they have launched it, I should say. And there's a rise in institutional ETH staking. So I'm very bullish on ETH and this type of news, these facts now, not my feelings, not my opinions, but these facts of adoption from very big companies and brands has me very bullish on Ethereum. I obviously hold ETH in my portfolio. I stake it and I continue to buy the dip, not financial advice. You should do your own research. And obviously I'm not just bullish on ETH alone, but just there's been a lot of adoption. And I want to highlight that because it's about facts, not feelings now. And I'm bullish on Bitcoin, XRP, Chainlink and many other tokens. Let's talk about Core Scientific, which is a Bitcoin mining company. So Core Scientific sealed $77 million Bitmain deal for 27 ,000 Bitcoin mining rigs. The deal was first finalized in August with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. So one of the key things is that BlackRock also gave them a bit of money. Guys, this was back in 2022. So it's kind of like to the Victor goes to spoils where Bitmain was in trouble and then a whole bunch of folks started coming in to grab up as much as they can. So the deal between the two mining companies will see Bitmain supply 27 ,000 Bitcoin mining rigs for $23 million in cash, along with $53 .9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting agreement to assist Bitmain's mining operations. The deal was finalized in August when a court filing highlighted Bitmain's plan to sell mining hardware in exchange for cash and equity. As part of Core Scientific's restructuring plan, apart from Bitmain, the restructuring plan also included Anchorage. And you guys may have seen my interview recently with the president of Anchorage and the co -founder of Anchorage, Diego Monica. If you haven't seen that, be sure to check it out. It says here, restructuring plan also included Anchorage, BlockFi and mass mutual asset finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims. The expansion investment plan by Bitmain will come into force by the fourth quarter of 2023, pending approval from a judge. Once approved, the hardware will potentially add 4 .1 exahashes to Core Scientific's hash rate. The two crypto mining companies all have also agreed to work together to upgrade Bitmain's last generation miners hosted at Core Scientific's data centers to further increase the firm's productivity. So, folks, Core Scientific, I will be potentially interviewing the new CEO and I'll let you guys know when that's coming up. But I want to definitely get into the details here and what BlackRock is doing with them in addition to Bitmain. So I'll definitely be asking those questions once I get the interview locked in. But, you know, a lot of companies are preparing for the Bitcoin mining next year. And many of you may have seen my interview uploaded earlier today with Fred Thiel, who's the CEO of Marathon Digital Holdings, and Marathon is working with a sovereign wealth fund. So, folks, there's going to be a lot of capital coming to the market. You're going to see a rise in demand for Bitcoin as the spot ETFs get approved, especially around, you know, BlackRock spot ETF and Fidelity and so forth. So I'm very bullish, you know, like I've been saying, we are in quantitative tightening, fighting inflation, rates are high, but this will end right as it has historically boom and bust cycles. The Fed will eventually start its QE again. They're going to start printing money, global liquidity will go back up and we'll be back in a bull market. We just have to be patient, dollar cost average where possible. And, you know, don't look at the price every day because you'll drive yourself crazy. And, you know, it's very volatile. Sometimes it's moving sideways. It's very boring. And I know that's tough. But just, you know, take your positions, obviously do your research, take your positions and just be patient and then, you know, watch what these players are doing. Right. Not so much the price, but watch what the players like this are doing, who's investing, who's building, who's raising capital and much more. So that's what I'm looking at. And that's why I build this podcast to share the news, because, you know, this is not going to make mainstream news. This is not going to be on CNBC, Fox or CNN or whatever it is. Right. And a lot of people are not paying attention. But I'm glad I'm here early. If you are here early, pat yourself on the back because there's going to be billions of people coming in buying Bitcoin and other crypto at a premium and they're going to go to BlackRock and whoever else. Right. But you and I are on the side of smart money. We are on the side of BlackRock. We are on the side of Fidelity. Right. Accumulating the lows. And then when the bull markets come back, then, you know, the herds, the herd who watch Jim Cramer and listen to Jim Cramer will go by. And that's when I'll be taking profits. And I'm sure many of you as well. So once you understand the market cycles, both for stocks, even real estate and obviously crypto, you know, you can make money, folks. And that's what I had to learn. I had to unlearn the mainstream media finance and listening to Jim Cramer and all these things. Right. And study the charts and understand the market cycles and know when to buy and when to sell, because all those things, you have to be a contrarian. Right. You've got to go against your emotions. You've got to go against the herd mentality. And that's hard if, you know, all your life you've been trained to go with the herd. Right. From television and media and all these things, you have to unlearn that. And once you get it, boy, it's pretty sweet. Right. To be able to make a nice return, make nice money. And obviously you've got to diversify. I diversify into different tokens, into stocks. I've often tweeted and sometimes shared, you know, my positions. Recently, I told you guys I bought PayPal because Jim Cramer said to sell PayPal. So I bought PayPal. Right. I know it's not going to be some quick flip. It may I see I may see some nice returns by next year and that's OK. I a am patient investor looking to build wealth for me and my family. So anyway, guys, that's my approach. Let me know what you think. I would love to hear what you guys think about this news. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Don't forget to check out the merchandise store. Link will be in the description. Thank you for your support. Thank you for listening. And I'll talk to you all later. Thank you.
Crypto Banter
A highlight from Make 1 ETH In JUST 1 Hour! How I Did It!
"So we're dealing with the red day the hangover from last night's FOMC meeting It's like a delayed reaction to what Jerome Powell said last night We're gonna have to talk about what Jerome Powell said because at the time when he was speaking Nothing happened to markets But afterwards what we realized is exactly this we realized that what Jerome Powell did last night was he may have actually broken the market What is it that he said that actually scared people and why is it that right now if we look at Bitcoin? Here we are. We are at twenty six thousand five hundred and forty. You remember before FOMC last night. We were at twenty seven thousand four hundred We thought we were gonna get a pump We also touched the top of the Bollinger Bands and now we're gonna come down if we start coming down again to the bottom of the Bollinger Bands we could go back down to Twenty five thousand one hundred and fifty five. So what did he do? What did Powell say? What did Powell do that has set off this reaction that has set off the Dixie look at the Dixie The Dixie is now had one two, three, four, five six, seven eight nine We are in the tenth green weekly candle for the Dixie and to make matters actually even worse if you go into the daily the Dixie has just had a golden cross now You know what a golden cross is the golden cross is the opposite of the death cross When you have a death cross usually prices continue to go down when you have the golden cross That's when prices usually go up and I'll take you to the last time that we had this golden cross Look what happened to the Dixie. So what did Powell do? Why is the market responding the way the markets responding we need to talk about that I'm also going to show you something now and then I'm going to tell you that I'm going to tell you why I'm showing it To you so first of all I want you to watch this because this is probably the most important clip that you will see today Channel where we critique attack and under. Hello there you awakening wonders now This isn't the usual type of video we make on this channel where we critique attack and undermine the news in all its corruption Because in this story, I am the news I've received two extremely disturbing letters or a letter and an email one from a mainstream media TV company one from a newspaper listing a litany of Extremely egregious and aggressive attacks as well as some pretty stupid stuffs like my community festival should be stopped that I shouldn't So that's right That's Russell brand and that's the beginning of something that he said and we're gonna talk about it And I know you don't know it now But I'm gonna show you why that is the only Reason in the world that you need to go out and actually buy a Bitcoin today It's the most important nature actually gonna do I'm gonna link it back to the Russell brand story. That's gonna be Saying that we must talk about today This is a story that that cut me deep and we have to spend some time talking about Russell brand Getting potentially cancelled and why that means that you and I need to buy Bitcoin absolutely immediately Then I'm going to show you a brilliant brilliant brilliant trading to the training tool that's gonna change your life I'm gonna show you how I made one East in less than one hour and you can make one East in less than one hour Too I want to talk about a new blockchain the blockchain is that blockchain over there, which is a combination of Solana Cosmo Celestia and Bullrun or be a catalyst for the next bull run then lastly if you want a hundred bucks for free what you need to do is stay tuned until the end of the show and So to get the show going I want to thank the community who sent this to us Bull runs coming back bull runs coming back bull runs coming back bull runs coming back Bull runs coming back bull runs coming back I need crypto banter Give me crypto banter I need crypto answers Hey Hey Go Stack it up on my nose I'm getting obese from this East I've been buying more Sip coffee bean on my screens The crypto show I'm a bull under gold I'm turning these bears into ghosts Snap at school That's the crash course Crypto man runs in a fast Porsche So much news and research I'm just glad for it Spewing all this alpha we go mad for it Crypto banter I need crypto banter Give me crypto banter I need crypto answers You like it? Let me know in the comments if you like it I'd make it Obviously community members sent it to us Thank you thank you thank you If you were the people that sent it to us We will give you guys a thing I mean initially I didn't like it But then the whole day I was like Crypto banter baby Crypto answers Someone says this song is terrible Yeah well you let me know what you think Listen first of all I want to apologize to you guys I want to apologize On behalf of Jerome Powell For giving us the most boring FOMC Meeting of our lives I feel that we all wasted about two hours Of our time last night In fact the most exciting Part of the whole event last night Was watching the Subscriber count on our new channel So this is our new channel Called Crypto Banter Plus If you're not already subscribed to Crypto Banter Plus Go and subscribe to Crypto Banter Plus Because we're gonna have a whole lot of Trading videos here Annie's trading videos My trading videos Sheldon's trading videos And a whole lot more content here And as you subscribe What you'll see Is that we've made this little counter To see how everybody subscribes How do you subscribe? There's a link below It's a top link Click on that link Go to the channel Subscribe to the channel You're gonna miss out Because yesterday The FOMC that we did We actually watched it here On Crypto Banter Plus So this is where a lot more content Is gonna happen On Crypto Banter Plus So be there Join us This is where a lot of stuff Is actually gonna happen And the most exciting thing about last night Was actually just watching the subscriber count It was the only thing that was going up and down Anyway be there as it may Today unfortunately Things aren't so good We are dealing with a delayed reaction A hangover There we go See you guys are subscribing We are dealing with a hangover We're dealing with a delayed reaction From what Powell did Or what Powell said last night And we need to understand Why the market reacted The way that it reacted And that's what we're gonna be doing today We're also gonna be talking about Russell Brand And how Russell Brand is actually getting cancelled And the lengths that governments are going to To cancel him Why are they trying to cancel him And why is that a reason Why you and I need to buy Bitcoin immediately So listen If you're not already a subscriber to this channel Subscribe to this channel If you're not a subscriber to Banta Plus Go and subscribe to Banta Plus I see you guys subscribing to Banta Plus Thank you, thank you, thank you Let's get this show on the road We've got a lot to talk about today As we stand today We're still positive For the month of September Remember I said we're gonna be positive For the month of September We are still 3 % up Even though It's not looking good out there It's not looking good 26 ,570 Bubbles Are absolutely, absolutely red If Benjamin Cowen is right He says Get this Let's change the scene here Let's make it look more elegant How cool is that So in 2019 After the first 20 days of September Bitcoin was up 6 % But by the end of the month Bitcoin was down almost 14 % From its monthly open In 2023 After 20 days Bitcoin is up 5 % Wake me up When September You know what I mean Wake me up in September And so Question is Are we gonna follow this pattern Or are we gonna follow the pattern That I said Where we continue to go up I do have one little bit of good news For you guys Before we start talking about the FOMC The one little bit of good news That I have for you Is that the Mt.
The Dan Bongino Show
Scott Presler: How You Can Help Register New Voters in Pennsylvania
"I'm by and i follow a lot of i'm pretty sure that was you how are we doing in pennsylvania and do you think there's a possibility based on some of the the the the the move in the republican direction that we could win pennsylvania again well i want to speak very directly and please to the listeners of the dan bongino's show hear me out week by week we are being a net loss in voter registration for the democrats by about one thousand voters per week we are making huge progress the in commonwealth of pennsylvania despite john centerman being in the united states senate right now and i'll tell you i'm currently in pennsylvania i'm in pittsburgh so if anybody listening to the dan bongino show wants to get involved come tomorrow saturday the 23rd to hundred sleek street at ten a m we're going to be knocking on doors we're going to be writing letters to new movers in pennsylvania because i have a list and of forty thousand forty thousand movers new to pennsylvania those are people that we need to get registered to vote those are people but we need to alert of the closed primary process because if you're not registered as a republican you can't vote for donald trump or governor de santas or whoever the heck you want and so we must educate those new movers because joe biden quote unquote won the election in twenty uh... twenty two thousand eight by eighty thousand votes these new movers are
The Bitboy Crypto Podcast
A highlight from MAJOR Mt. Gox Update! (Bitcoin Sell Date Delayed)
"Let's discover some crypto news today. September 21st, it's 1130 AM because we always start on time here, and we got Drew and AJ on the ones and twos. How are you two doing? I'm doing great. Nice white tee, DZ. Nice white tee. Yeah, thank you. Well, I got the V. You got the regular, right? Yeah, you got the regular. Alright, so tomorrow, I'm going to have a deeper V, okay? We were just talking before the show. I want such a deep V that Salt Bae would be embarrassed. He would turn beet red from wearing the deep V, so maybe we have to get it that cut. Drew, your wife actually makes clothing. Will she make a custom deep V for you so we can match? This is absolutely going to happen. Top D with the deep V. Yours has to be in camo. Alright, guys, we're going to talk about Jerome Powell, some of the remarks after. They didn't change the rate hikes, what they mean. Also, we got Bitcoin at Mt. Gox has been moved. What's going on with that? When are these coins going to hit the market? When is this Mt. Gox Bitcoin going to hit the market? Is it going to dump Bitcoin's prices? Is it going down 10K, 1K? So we're going to talk about that as well. We got to talk about Maxine Waters and X potentially turn into a payments platform. Linda Yaccarino, the CEO, tweeted out something last night. We're going to look at that as well. And we got some XRP news. It's going to be a great episode, so please hit that like button, everybody. Are you all feeling good? Are we feeling red? You know, the market's down, but I still feel pretty good. You feeling good? I'm feeling good. Alright. Let's go to blue. Alright, alright. We're also going to have charts with Kelly at the end, too, so it's towards the beginning. Alright, well, let's talk about Fed Chairman Jerome Powell. He spoke at a critical press conference after the interest rates decision. Here are the details. We're just going to break down some of the key takeaways. As expected, they did not increase the interest rate, kept it constant between 5 .25 and 5 .5. And here are the important excerpts from Powell's statement, everybody. We cannot have strong employment market without price stability, so we got to get the price stability in line. Consumer spending is quite strong still. Rebalancing in the labor market is expected to continue. We keep scrolling here. There's a long road ahead for reducing inflation to 2%. And the fact that we decided to keep the policy rate constant does not mean that we reach the policy stance we wanted or not, so they're still leaving themselves open for an interest rate hike. A lot of people think there is going to be an interest rate hike, not the next one, maybe the one after that, maybe in the beginning of the year. And last but not least, we're pretty close to where we need to be. I wouldn't attach greater importance to an interest rate increase. So they're trying to minimize any market impact. I wouldn't attach greater importance to an interest rate increase. I wouldn't care that much if we increase rates. Does that signal that they are going to increase maybe one or two pauses from now? I think that's signaling a strong maybe with a capital M. Yeah, I think a big takeaway from this is where it says the full effects of the Fed's tightening have yet to be felt. And that is definitely the sentiment here. Like this isn't the first time we paused on the interest hikes and the markets have fallen. You know, the past two days on the live stream, everything's going up. Everyone's saying, oh, the price is going up. I'm sitting here saying, I think this is a bull trap. I think the price is coming down because I was looking at the stock market charts, looking at the DXY charts, DXY still going up because of the previous interest hikes coming into play, stock market coming down. But crypto is pumping. I'm thinking to myself, oh, this isn't this isn't going to hold up at all. We're going to come back down the reality. And that has started to happen today. So there you go. Right. All right. Well, let's talk about Japan's economy as well. Japan's economy on the brink as the end stumbles to 148 year low bond yields. So that's a decade or almost 15 decades right there. As Japan contends with depreciating in and rising 10 year bonds, its economy stands at a unique crossroads. The yen's fall to a nearly 150 year to date low against the U .S. dollar brings with it a mixed bag of economic implications. I'm surprised they had the yen that long, you know, throughout all the world wars and everything. Yeah, true. Yeah, yeah. I mean, that's I mean, but still 150 year low, 150. The Bank of Japan now faces the intricate task of maintaining currency stability and keeping yields low amidst a high public debt environment. Complicating the test further is the yen dollar carry trade, which could intensify the pressure on the yen as the interest rate difference between Japan and the U .S. widens. So we're going to be keeping an eye out on that. We did lose the Internet, but it looks like we got it back. All right, Russia. Let's talk about Russia here. Let's rush into this next area. Russian Central Bank replenishes gold reserves to 2023 highs amid economic sanctions, according to a report by Kitco. That's where I use all my silver pricing data. Data from the IMF's international financial statistics reveals that Russia's central bank increased its gold reserves in August, apparently returned to the initial levels at the start of the year. Twenty three hundred tons. It was later confirmed by the World Gold Council. That just sounds like a shadowy group right there. The World Gold Council sounds like a bunch of bond villains. Kitco also reports that Russia is bolstering its reserves to mitigate the impact of Western economic sanctions, particularly those related to its invasion of Ukraine in February. Often we see Ray Dalio made this big, bold prediction as we see an empire on the decline. Debt is relative. And so, yeah, America's debt's terrible, but Japan's is worse. China's is worse. You know, everyone else is worse. So a lot of people use that data point, say America's debt can just get as bad as it wants to be, as long as it's not that bad relative to the rest of the globe. We're in no worry whatsoever. The other side of that coin would be, well, people will eventually stop buying debt and what are they going to start buying? They're going to buy gold, maybe some digital gold as well. So I'm expecting gold to go up. But silver silver price still lags gold. Have you ever done a deep dive on gold versus silver? I wonder if people even want that. Just would you want gold, silver data or you just want only crypto? I remember like a year ago, we were talking about doing a video that was I think we did a video that was like Bitcoin compared to gold and then Bitcoin compared to silver and then silver compared to gold. And it was it wasn't the most interesting video, in my opinion.
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 09-21-2023 15:00
"The United States Border Patrol has exciting and rewarding career opportunities with the nation's largest law enforcement organization. Border Patrol agents enjoy great pay, outstanding federal benefits, and up to $20 ,000 in recruitment incentives. If you are looking for a way to serve something greater than yourself, consider the U .S. Border Patrol. Learn more online at cbp .gov slash careers slash USBP. That's cbp .gov slash careers slash USBP. Bloomberg Business Week with Carole Masur and Tim Stenebeck on Bloomberg Radio. Look out for that music. That was kind of fun. Joe and Kaylee having fun. Kaylee like bopping it. Yeah, that was cool. It's a great show. You've got to listen to that show. Party on, man. We're going to party on for the next three hours, in fact. Oh, if you're not like along this market, you can party. Hey, where there's a long there might be a short. Okay. Got to remember, right? Welcome, everybody. Bloomberg Business Week on this Thursday, September 21st, 2023. Live in our Bloomberg Interactive Brokers Studio on YouTube and, of course, on Bloomberg Originals. Twenty -four hours, Tim, since that last Fed decision. S &P at its lowest level since June in three months. We're going to talk a lot about the trade today. And yes, equities, but it's really because of what's going on in terms of the inflation picture and really the interest rate picture. Yeah, with that in mind, a lot of focus on the Fed and the rate picture today, including what former St. Louis Fed President Jim Bullard says the Fed may still need to do. Is that does that have something to do with today's moves, Carol? I don't know. I just I woke up to that news.
Simply Bitcoin
A highlight from Europe's Anti-Bitcoin Bill Reveals Plan to Stop Adoption | EP 829
"It's all going to zero against bitcoin it's going up for ever more you're against bitcoin you're against freedom yo welcome to simp with bitcoin live we're the number one source for the peaceful bitcoin revolution we will be your guide through the separation of money and state speaking of the separation of money and state interesting news coming out of Europe kind of not as bad as the proposed bill by Elizabeth Warren that we covered on one of simply bitcoins simply bitcoin lives episode this week but it's something very similar right this idea that every single transaction needs to be KY seed right and then I think that will inevitably lead to the any host unhosted wallet needs to be KY seed all right the the wording specifically in the Elizabeth Warren bill included any minor any validator any software wallet so you know it's just of course the powers that be that tremendously benefit from having a monopoly on the creation of money having controls on money of course to benefit themselves of course they're not going to be okay with this and this was the theory that was originally you know put out back in the 90s in the book the sovereign individual I'm going to read you guys a passage from that book because I think it correctly predicted exactly the reactions from governments I don't think governments have been able to they're not used to this environment where they have competition and most importantly not only do they have competition but they can't shut down the competition right because we remember we saw Facebook try to launch their own you know digital currency and they got shut down real quick the thing with Bitcoin right and Bitcoin only right because aetherium is inherently centralized meaning it will inevitably be co -opted so they have no choice but to ally with the state and they were in order to survive but with Bitcoin can't be stopped and because it can't be stopped it creates a forcing function in the long term as more and more individuals choose to opt out of inflationary money into deflationary money so yes of course times are changing but it's not only on the money front right we're not only living through the disintermediation of money but we're also living through the disintermediation of information and yesterday was a historic day I've never seen this in my life the UK Parliament sent Russell Brand an extremely popular independent content creator a letter to rumble we love rumble by the way we're on there subscribe to us on there and shout out to our rumble audience as well it's been growing by the day so we appreciate you all they sent a letter to rumble asking rumble to demonetize Russell Brand like YouTube did so we have governments that are directly asking platforms to demonetize content creators of which they don't did they don't agree with that is absolutely absurd and these are the same governments that want you to trust them with central bank digital currencies if they had central bank digital currencies in place they wouldn't even have to ask the platforms they could just flick the switch themselves so when we say Bitcoin or slavery or how beauty on said it and I'm starting to lean this way to Bitcoin or death we are not exaggerating and you have to choose what world do you want to live in in the future and most importantly what world do you want the future generations your children your children's children to live in so it's gonna be a great episode I'm really looking forward to it you have to stay on top of what's going on anyways we also we also have a very special treat for you guys we have the head of customer experience from foundation devices the maker of the passport hardware wallet and he's gonna do a live demo for us during the culture cement segment so I'm really really pumped about that let me bring up let me bring him up on stage Bitcoin Q &A you're quite well known on Bitcoin Twitter as well how you doing buddy yeah doing very well thank you very much for having me I'm psyched to shoot the shit with you guys this evening well even in my time but yeah certainly some interesting goings on especially around the Russell brand thing so I'm sure we'll be able to share some insights on that one but not a good look yeah I completely agree man it's it's some some interesting times we are living through people some people call it the fourth turning I don't know man but the phrase that sticks with me the most is weak men create hard times hard times create strong men strong strong men create good times we're definitely going through this era and then I think it was actually Vladimir Lenin that said the very very famous quote right where there are decades that nothing happened and then there are weeks that decades happen I think we're definitely living through this moment of time anyways no more delay let's bring up my legendary co -host not optimistic today no smile oh there's this smile sorry I was caught reading the channels optimistic fields how you doing bro well I am doing wonderful and I'm actually really excited for this culture segment today guys I got a sneak peek of the demo that we're going to see and I think there's gonna be awesome this might be a simply Bitcoin first for the live show but to the news stories and stuff it really just goes to show that if you speak the truth you are the enemy of the state and I think more and more and more people are waking up to this because they either continue to de -platform you from your banks or de -platform you from social media for saying what they don't want to be said you know for saying the quiet part out loud and you know this is why we do our show in a very particular way so that we can survive on YouTube but man it really just goes to show that the powers that be are completely terrified of people talking about the truth hence why you guys need to talk about it more and continue to spread that signal but it just goes to show that this is the the last I don't know the last gasp of the great Leviathan you know what's them saying like darker before the dawn like this is their last grasping at straws to control the truth and and I mean I've been saying for a while I think the monopoly on truth is slowly and dwindling they're going to try to make examples of this so you know just be prepared we know what's coming so protect yourselves protect your family and continue to spread the Bitcoin truth the Bitcoin signal actually just truth with a capital T I suppose anyways Niko let's let's get into this one let's get into this one let's get into the show man I'm really really excited alright guys let's get to the numbers we have a lot to talk about today and I'm super is your Bitcoin in cold storage really secure is your seed phrase really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamped seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamp seed alright guys I literally made it super easy for you guys you can scan the QR code on your screen it will take you directly to stamp seed website you can get you could store your generational wealth on titanium so you don't have to explain to your children why you lost your Bitcoin because you stored it on paper you can use promo code simply get 15 % off anything on the stamp seed website at the time of recording the Bitcoin price is twenty six thousand five hundred and seventy sats per dollar three thousand seven hundred sixty four block height eight hundred eight thousand seven hundred twenty nine blocks to having thirty one thousand two hundred seventy one having estimate April 21st 2024 total lightning network capacity four thousand eight hundred fifty five Bitcoin capacity value one hundred twenty nine million US dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin currently sitting at five hundred and seventeen billion dollars Bitcoin versus gold market cap four point zero one percent in the grand scheme of things Bitcoin is still a baby if Bitcoin reaches not if when Bitcoin reaches the gold market cap that is five hundred thousand dollars per coin and I think that's just getting started anyways we played you guys a video yesterday of a member of the United Nations talking about how we are in an information war we played you guys the video and she was basically recommending that that that they no longer have people to call on on Twitter to censor information she was also saying how there's an army of people that are propagating United Nations approved information well you know she's she's talking about as if the information that's coming out of the United Nations is a matter of fact right she's talking about the problem of disinformation disinformation well my question to you guys is who gets to decide what is disinformation and what is information right well we advocate for on simply Bitcoin is individuals not central planners not governments using their own critical thinking abilities right to dictate okay this is a good idea this is a bad idea right this is how the American this how the American Constitution it's literally written like that that there's a reason that the First Amendment is the way it is right the government or Congress should make no law you know basically censoring or stopping the freedom of the speech of people right and they made it that way for a reason because if there is a central authority if there's a government that gets to dictate what information is true what information is not true history has shown that they'll use that power to protect their own political mode right so thank God for the internet thank God for technologies like Bitcoin thank God for technologies like Noster for example they can't do this anymore and because they're not able to do that they're freaking out number one and number two and number two it becomes a forcing function over a long period of time but that doesn't stop them from trying here is the former New Zealand Prime Minister at the United Nations saying that that words are weapons of war right weapons of war if so if you say something against the government that all of a sudden becomes a weapon of war and again this has escalated it is escalated to the point where the UK Parliament has asked rumble to demonetize Russell Brand who's a very popular content creator who goes against the legacy corporate media's narratives right and it kind of embarrasses them so what are they doing they're attacking his money they're saying rumble okay they can't they've tried to deplatform people before they've gotten a lot of pushback so what they do instead is that they attack his pocketbook obviously YouTube complied they demonetize Russell Brand's content but rumble said no we're not doing that so love that of rumble we're on rumble we support rumble that's awesome but another thing that I want to say is that the allegations against rubble Russell Brand are just that they are allegations they have not been proven so something that has not been proven is a justification to shut off someone's living that is insane anyways let's check out this letter and this is a letter by part by the UK Parliament the specifically the cultural culture media and sport committee to the CEO of rumble Chris Palavoski who says dear Chris I'm writing concerning the serious allegations regarding Russell Brand in the context of of his being a content provider on rumble for more than 1 .4 million followers the cultural the culture media and sports committee is raising questions with the broadcasters and production companies who previously employed mr. brand to examine both the culture of the industry in the past and whether that culture still prevails today however we are also looking at his use of social media including on rumble where he issued his preemptive response to the accusations made against him by the Sunday Times and Channel 4 his dispatches while we recognize that rumble is not the creator of the content published published by mr. brand we are concerned that he may be able to profit from his content on the platform did you hear what they said the government is concerned that Russell Brand might be able to profit from his content because there was some allegations made against him conveniently a lot of Russell Brand's content is criticisms of the government so I mean big coincidence I guess you would you could say we would be grateful if you could confirm whether mr. brand is able to monetize his content including his videos relating to the serious accusations against him is so we would like to know whether rumble intends to join ryu tube in suspending mr. brand's ability to earn money on the platform we would also like to know what rumble is doing to ensure that creators are not able to use the platform to undermine to undermine the welfare of victims of inappropriate and potential potentially illegal behavior so they asked rumble to demonetize a content creator an independent content creator that's the key word when we had Parker Lewis on the show and I was talking about the legacy corporate media he didn't say no Nico it's not the legacy corporate media it's the legacy government media so anyways why is this happening I think Jeff Booth said this perfectly we read this to you guys the other day and this all boils down to the money this is why we say as Bitcoiners fix the money fix the world here's Jeff Booth he says because broken money Elon Musk said how did most of the legacy media go from superheroes of free speech to supervillains of speech suppression and Jeff Booth says because broken money ensures the centralization of power by stealing the productivity through inflation that should flow to society in the form of lower prices then those enriched by that theft and subsequent power must control the messaging to keep it but it all it wasn't only Jeff Booth that said this here's an article from our friends over at Bitcoin magazine of nine Bukele the president of the country shining on the hill the Savior El Salvador the first country that made Bitcoin legal tender the beachhead for the Bitcoin movement around the world he goes on to say the most vocal detractors the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites and the people who work or benefit from them they used to own everything and in a way they still do the media the banks the NGOs international organizations and almost all the governments and corporations in the world and with that of course they own the armies the loans the money supply the credit ratings the narrative the propaganda the factories of food supply they control international trade and international law but their most powerful weapon is their control of the truth and they're willing to fight lie smear destroy confiscate print and do whatever it takes to maintain and increase their control over the truth and everything and everyone I think come from Nico or simply Bitcoin that came from the president of El Salvador name Bukele so what is happening here two things are happening here thing number one the internet has empowered individuals and those individuals can now use the internet to uh to grow these massive platforms themselves and because they're individuals they're a lot harder to co -opt and at the same time we are witnessing the distance remediation of money that internet has allowed Bitcoin and Bitcoin has empowered individuals to choose their own money too so government states NGOs international institutions right that have had this privilege of having not only having the monopoly in the control over money but also the monopoly in the control over information it's quickly diminishing in front of their eyes and of course that system is fighting back they can't take that they've been used to operating in a system where they've been able to control the narrative they've been able to control the truth and that is slipping through their fingers and they don't know what to do and that's why they're short -circuiting the way they are that's why we've gotten to a point where the UK Parliament is literally asking a platform to D monetize an independent content creator not to mention all the stuff that was revealed during the Twitter files where it was exposed that the US government even though that is explicitly against the US Constitution the government should not be censoring speech was asking Twitter to D platform D boost and censor certain speech and these are the same governments that also want you to trust them with central bank digital currencies and they expect you to believe that they're not going to use central bank digital currencies as a weapon as a forcing function in order to control your actions as a individual and this was all predicted I might add in the book the sovereign individual which we'll get to during the new segment but this is some crazy times now what can you do to protect yourself in this particular situation do your own research pick what information sources you choose you you want to choose I love Twitter because it's like a news aggregator and the the news that you know pops up pops up Noster is a great platform rumbles a great platform YouTube is is good to do your own research don't rely on a single information source and then most importantly the most empowering thing you could do is to opt out of state money opt into Bitcoin I think that's the most powerful thing you could do look the most important the most important vote you can make that voting for a Democrat or Republican it's not to say that it's not important to vote but the most powerful vote that you can do that will actually change things is voting with your wallet opt out and the way that you do that is you buy Bitcoin earn Bitcoin mine Bitcoin and take that said Bitcoin into self custody the moment you do that you're part of the peaceful Bitcoin revolution whether you are aware of it or not and that is how we win if enough people take self custody we win and there's nothing they could do about it speaking of self custody we have the head of customer experience with us today Bitcoin QA and you guys make it super fucking easy to take self custody with the hardware wallet that you guys make and not to mention the awesome application that you guys make so Bitcoin QA what's your take on this whole Russell brand stuff I can't believe we've reached this point if I would have been told this five five six years ago I would have said that's impossible there's no way that's that that's so ridiculous what's your take on all this yeah before I enter you I've just got to say that was one hell of a fucking monologue I take my half to you that was fantastic yeah kudos and yeah the whole Russell brand thing man just completely shocking another example yet another example of government overreach Russell brands been a thorn in the side of the UK government if you can't tell by the action by the way to anybody's listening that I'm from the UK and he's been a thorn in their side for years and he's a very well educated man he's very well spoken and he has drawn a lot of following by speaking out against money printing against government policy he was rabid about the whole covert thing pharmaceuticals getting rich because of you know yeah you know all of the corruption that went on over those couple of years and I see this recent letter as that them seeing the opportunity as they're into trying you know get one back on him you've touched on earlier that the fact that all of these are just allegations at the moment and the fact that they're going around trying to take money off him from you know he's not been convicted of anything at all that's not see won't be but right now they're just allegations and they're trying to take his money off him it's just completely shocking and they're just trying to lash out because he's been a pain in their ass royally for years so yeah I mean they're just they're just overreaching and leveraging their powers wherever they can just to kind of deep platform and then hurt his wallet as well unfortunately yeah 100 % they attack his money they attack and again like they attack his money and they're also like hey guys these CBDCs like we'll respect your privacy you could trust us what are you talking about anyways Opti what's your take well I actually I kind of want to ask Q &A question because there is some talk about this in the chat what's your thoughts on Russell Brand being like controlled demolition Q &A whoo how do you mean like basically that this is like an orchestrated attack you know once everyone's talking about this maybe Russell Brand isn't necessarily as much of a truth speaker as people are making him out to be like does he actually believe what he's saying or is this just kind of one of those things where you know you create a figure and then you kind of tear him down to discredit the whole movement in general the whole truth movement yeah possibly I think I think most of what he says is genuine he before he started doing all of the YouTube stuff like he was he was a you know some form of a celebrity he had a big following and could have monetized himself as a product in many many other ways by coming out and being as outspoken as he has against the the prickly topics of like money printing and you know COVID etc he must have known you know he's smart enough to know that would have been incredibly divisive to people that followed him so I lean towards the fact that he's genuine and the fact that they're probably gonna try and use him as a scapegoat to warn ward off other people that kind of speak out against any government policy etc etc yeah I'd agree I mean like especially considering what his status was it's hard to follow the incentives and be like yeah he's got a lot to gain from this when in reality he's on the verge of losing everything so I'd agree with you and then just kind of going back to the beginning of this rant and and people are saying epic daily Nico Jones rant today so good job Nico I like when Nico gets get animated remember growing up guys when I grew up I had a saying and I'm sure your mother told it to you as well and we all probably said it in kindergarten you know sticks and stones but words may never hurt me and now we grow up in a world where words are violence like what is going on guys and that's a convenient it's a convenient way I know Nico I was getting there I'm asking rhetorical questions on the show now okay I'm learning some Nico Jones tactics but as we know guys as we know guys you know if you can stop words from being said then you can stop thought and if you can stop thought then you can ultimately stop behavior and this is where they're going they want to ensure that you guys sell censors so that you guys don't lose everything and this is where we are guys that they are absolutely afraid of people speaking the truth they're absolutely afraid of the average person waking up and exposing all of their lives because that's all they have they have lies and favors and they have the monopoly on truth as we think now is more important than ever to speak your minds to make sure you're having these conversations to as the saying goes you know speak truth to power and all that good stuff because there's been a constant theme throughout 2023 or actually rather since 2020 basically is that if your voice is too big and you talk against the establishment then the powers that be will do anything they can to put you back in line and whether that means you know breaking your reputation taking all your money dragging you through the court of public opinion we know what their tactics are and if you're following along closely then you know what the playbook is and it's almost like they're doing the same thing over and over and over again but I think the silver lining of this is that it seems like their playbook isn't working as well as it used to which in some sense should be absolutely terrifying because then they're going to go to even more extremes and you know I'm not gonna say what everyone's thinking but it's gonna get crazy guys and so I think it's just becoming very very clear that as an individual just even a normal person that doesn't have a platform like you want to do whatever you can in your power to protect yourself and hence why we always say that it always boils down to the money guys so protect your money protect your livelihood by taking your Bitcoin into self -custody by saving in Bitcoin and because remember guys this is always about theft they want to take your wealth and put you back in your place and then distribute it and make everyone feel good and we're seeing this happen in real time and it isn't lost on me that this is done via a letter you know it's just like hey how nefarious can a letter be but if you're reading in between the lines then you know how nefarious this letter actually is and that this is a coordinated attack on someone that's talking against the establishment and if people like Russell Brand you know say what you want about him but if people like him can't speak about the truth and they also get run through the grinder like imagine what would happen to an average individual like there's no hope for us if people of that stature can't talk about what's actually going on in the world and hence why it's so important to continue to double down on independent content creation spreading the truth talking about all this stuff because this is all we have we have the truth on our side and as the saying goes you know the truth will set us free so just just don't be afraid you know be brave but also be smart out there and the best thing you can do is just protect yourself and protect your money protect your family and I think as more people do this then the world will slowly but surely start to fix itself anyways you know amen we'll see what happens amen preach brother all right everybody let's get to the news we got a lot to talk about today let's check it out no no no no no no before we do that before we do that I have to give a shout out to our awesome sponsor Bitcoin 2024 it's gonna be the largest Bitcoin conference on planet earth it's gonna be in Nashville Tennessee it's not gonna be in Miami this year July 25th through the 27th 2024 you definitely want to get your tickets quickly before the prices go up for a GA it's 349 for an industry pass it's 849 for a whale pass it's four thousand seven hundred forty nine Opti and I are gonna be there it's gonna be awesome check out Bitcoin 2024 in Nashville Tennessee the year of the having Opti and I are gonna be there some other simply Bitcoin members are gonna be there it's gonna be awesome use promo code simply to get a 10 % discount on the already discounted tickets to Bitcoin 2024 all right now let's hit the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
WTOP
"early twenties" Discussed on WTOP
"I'm Mike Murillo, a rise in the number of some local students having trouble learning to d dot com i'm deborah rodriguez this is catastrophic damage utility spokesman in maryland a day after powerful thunderstorms swept up the east coast from alabama to york new at least two people were killed one by a falling tree the other by a lightning strike correspondent meg meg oliver is in whitehall maryland the cleanup is just beginning there is some good news it seems as if the travel disruptions are starting to get back to normal and the power outages have reduced significantly along the east coast to around 350 000 almost 1300 flights in the u .s are delayed today more than 330 have been canceled voters in ohio are going to the polls in a special election that could make the state constitution more difficult to amend cbs's katelyn hewey burns says the issue is abortion under current law changing the ohio constitution requires support from a simple majority 50 plus one but the republican led legislature set up an august special election to raise that threshold to 60 percent all with the issue of abortion in mind thousands of city workers have begun a one -day strike in los angeles it's expected to close animal shelters at least some swimming pools and delay trash pickup union rep gilda valdez we put all of our energy into our every jobs day we come in we laced up our boots during the pandemic we do what we have to do to protect our city and sure make that the city runs mayor bass says emergency police and fire services will still be available today city summer camps preschools and libraries she says will open another downgrade for u .s. credit this time moody's has cut ratings have about ten small and mid -sized banks cbs news business analyst jill schlesinger is not just about higher interest rates which make their business less profitable but also the potential of a u .s. recession which moody's believed will happen in early twenty four a week ago fitch downgraded the u .s. credit rating from a triple to a double a driver plus ram truck national highway traffic safety administration says more than a million should be recalled for power steering problems officials say they've gotten 380 reports of intermittent or or complete loss of steering assistance in twenty thirteen to twenty sixteen ram fifteen hundred pickups including three crashes cars you can buy yourself a new truck or any car you want if u win tonight's one and a half dollar mega millions jackpot this woman in saint joseph missouri plunked down a few bucks i think it's this high so why not there have been thirty one straight mega drawings now without out a winner dow futures off to thirty six this is cbs news if you need to indeed hire their you need end -to -end hiring system helps you attract interview and hire candidates all in the same place visit indeed dot com slash credit nine oh three on tuesday august eighth were at sixty nine degrees mainly just sunny and breezy today
ESPN Chicago 1000 - WMVP
"early twenties" Discussed on ESPN Chicago 1000 - WMVP
"Hahn with key here with you this morning. We'll continue with your calls. Candidates say ESPN Rolling 79 3776 on the honest conversation on the home run Derby versus the Slam dunk. Count this conversation and, of course, let's get now into the Aaron Rodgers the daily Aaron Rodgers conversation. But there's some Something interesting here said out of Denver as one of the I guess. Potential places If there's I mean, If there's ever a place if Aaron Rodgers would get traded, there aren't many in fact. Joe Theismann was on with us yesterday and found it interesting with Joe Theismann said about Like there aren't many places for an Aaron Rodgers to go, and he said, it's a team that needs to be pretty close to winning a championship. Just think Erin is basically saying to the organization Look, then you wanted have you got and you know, just give me a chance. I'll go someplace else. The problem with that is the place for him is going to be too high. You know, you're not looking at a guy who's in his mid twenties, even early twenties late twenties. You're looking at a guy who's 34 years away. Maybe from not being you know, I'm not playing anymore. Not that he needs to. Maybe skills diminish whatever it might be. So you're looking at a window if you give up to number one, which I'm sure it's at least going to question maybe two number one to number two, but you need to be that one quarterback away. So you have to be one quarterback away Key. How many teams in the league right now one quarterback away from winning a championship. Name Name one. Denver. Yeah, that's maybe Miami Miami. Damn championship he shows up. And it's like they are a super Miami is a sneaky good football team. Just when Brady solidifying the quarterback spot. Brady going of the Tampa was sort of like that final piece kind of thing, but Von Miller. But see, the thing is is if you wind up somehow he winds up in Denver, for instance. Mm hmm. What happens to the strength of Denver's team, which is essentially the defense right? Because you'd have to give them you've probably have to draft this pain doesn't really matter, because he has he isn't there. Okay? Essentially, I mean, he hadn't played a snap from regular season but you would have to you would think you would have to part With something of value from that side of the ball it maybe even something of value from the Austin offensive side. The ball plus picks. So so we can. It could potentially weaken them. I don't know. What they feel about the depth behind some of those key pieces. Yeah, because sometimes the death behind those key pieces teams feel stronger about than the actual player that's in front of him. But because of the economics, they have to keep them in the fold into such do time that those economics kind of disappear a little bit. The guys that are expendable, right, the ones that you have to play, but you know, I can move on from this guy at any time. Well, von Miller is one of those guys that you mentioned obviously on Denver that would keep them as a Super Bowl contender, and he's been there, of course before. He said. This in Denver on nine news, he said, quote, uncomfortable drew meaning drew lock. I'm comfortable with Teddy Teddy Bridgewater. Wanted to say that general manager George Payton and John Elway, who was the president, football operations, there are the guys together, he said. If a Rod meaning Aaron Rodgers is out there for us to get them. Those are the two guys to have on the job. Of the two quarterbacks that he mentioned Drew lock and Teddy Bridgewater, he said. They've impressed the hell out of me and I'm and impressed the hell out of everybody during OTA is so I'm super excited for those guys. Another year for Drew lock. I think this will be the time for him to turn it on. So either way we go. It's looking bright for us. Can you translate what von Miller is trying to say there? I'm super excited for them, Not for myself because I'm trying to win another championship. And if Aaron Rodgers available, which he is, my two guys in the front office should go and get them. They know they have the power to go do it. I don't really have the necessary power to do it. But I am speaking on behalf of the rest of the team, and I would like to have a different quarterback underneath the center as we start to 2021 season. That's what he's saying. Yeah, I like these guys. But if we can get Aaron Rodgers I'll still like them, but I like him better, whether Jersey well, how about Peyton Manning, who was a final peace in Denver to winning a championship? He goes there. He had a record setting season. Then he won the Super Bowl in the year after it wasn't great. Obviously, the year they won the Super we didn't have to be the defense. Was what got it done, but he still got them a Super Bowl. He said. This on it will be network, he said. Quote about Aaron Rodgers and the potential of him going to Denver, he said. My gut is he's not coming to Denver. My gut is Denver is going to have Drew lock or Teddy Bridgewater be their quarterback. At this point. You've got to kind of know what your plan is. He can't be having a new quarterback three weeks before. The season. So you think it's too late at this point for a trade to happen? Uh, Island? No, it's not too late, but I understand what Peyton is coming from. I mean, it's very difficult to Have a new president to the locker room at that position right before the season starts, because it's so much that needs to be done from an install standpoint, getting him up to speed..
Physicians On Purpose
"early twenties" Discussed on Physicians On Purpose
"Home of v happy. Md and beautiful seattle washington with the latest in our physicians on purpose podcast series. I'm flying solo here today. What i wanna do is talk about. Light workers fork in the road. What do i mean by that will each of us you and me at one point. Time stood at a fork in the road. Imagine a gravel road running through woods in the country late summer in the afternoon. Maybe you can hear some cicadas. 'cause it's that time of year and there you come upon a fork. One branch goes left. One branch goes right. You must make a choice. I call this. The light workers fork because this is a place you and i both stood perhaps years ago for me. It was back when i was in my early twenties where you had a choice to make you could go into medicine as a profession. You could go to medical school or you could do basically anything else and you looked in the mirror. You acknowledge that it's a long hard road that you're gonna ho- in order to become a physician you said. I think i've got what it takes. And you were driven for some reason conscious or not to live a life of service and contribution. You chose to go to medical school and in that choice. He became a light worker. Now there's all sorts of other kinds of light workers to but physicians are a very specific kind of light worker. What do i mean by light worker in the first place. Well you officially at that choice point when you decided to go to medical school allied your professional career with the forces of light in the universe as we battle specific forces of darkness. Illness suffering death dying and family members crazed attempts to deal with those things and for the rest of your career. You're going to be dealing with people who are sick and suffering ill and dying scared their family members. That's what we do and what we hope to do is to be able to make a difference to heal. It's possible and to ease suffering when healing is impossible. We also just to be really clear in that choice to be a helper and a healer in a light worker. We put ourselves at risk. Put ourselves at risk because in the act of giving and helping and healing you can overextend yourself which is why burnout rates are higher in physicians through the act of putting the patient. First you can overextend yourself. Drain your energy levels and dropped down into burn.
Start With Me Podcast- A business podcast for the God led business woman, Entrepreneurship,Business
"early twenties" Discussed on Start With Me Podcast- A business podcast for the God led business woman, Entrepreneurship,Business
"My life and i want your plans i wanna trade them in for your plans and he started to show me how he was bringing lots of things together that in my life he had been doing had been building over the last many years and he started to tell me that now was the time to step in to what he had for me he literally told me to actually pull the dreams out of the closet that he had given me so many years ago. I don't know if you're like me. But i journal a lot and so when i was younger i would journal all of these dreams that i would have. I would journal the things that the lord was speaking to me about my future and about the things that he wanted me to do and i literally had them in my closet and he was telling me to pull those dreams back out and i unpacked a box. One day in my closet. And i realized that they were the journals that i had written in in my early twenties and a lot of these dreams that i had written down. I was reading them again He literally told me to pull those dreams out of the closet. And i did. I started to pull them out. And what i realized is maybe what god is doing right. Now maybe those dreams didn't look exactly the same way as i had interpreted them in my early twenties. Maybe the things that god was saying to me didn't look the exact same way that i had pictured in my mind but the truth is they look like what god had meant for them to look like. They looked like what he had meant for them. All along the other day. I did a post about being joseph in the prison. And the fact that man even joseph when he had his dreams the way that he probably was thinking about them or interpreting them or even the way that his family interpreted them did not actually look exactly the way that god meant for them to look his. What what they meant for harm to harm him to harm joseph. God took that in used it for good. He took that because it was his plan all along to put joseph in a place where he could actually help. Save gods people from famine..
Horizon Talk Radio's podcast
"early twenties" Discussed on Horizon Talk Radio's podcast
"I i see. Sometimes i see these big old houses and nobody's living in. And i'm i'm sure something like that is as going on but you know what like you you you have to do good for yourself too and you know and just by you know there's other there's other you know ways to take care of things too you know and you now i just maybe someday you guys. Will you know talk and got to help you out there and but you know keep it positive you now did for yourself to take care of yourself you know teenage kids early twenties now with minimums been dead by is so kind of after me. The wife hasn't been to berlin the as they have to move on circles and and although the early mentioned it because the first thing that fought while wonderful person you to cabot above Deeply Nobody song about me anyways. You never know you might. I might do that after we're done here compliment now. This is very country to the bone. We'll talk about this song. After the show. After i mentioned earlier when i want it society earlier country to.
Something On My Mind | Personal Finance
"early twenties" Discussed on Something On My Mind | Personal Finance
"So you know cindy you're saying how does he have the vision for the vhs tape. How do you have a vision for a cd. What are though. That's a laser that reads the music off. It doesn't make sense to me. Know that you go from the cassette to a laser chump down for your so brain and i like i said i come from inventors in my family. My grandfather invented the paper paper. Cap gun a way back in the early twenties. So i have a whole slew of those the curl caulk stopper. My brother has may have used. He actually has a product on the shelves and home depot. And i mean all different stores that are he. Yeah exactly a cock favor as a twist in seal yeah twisting. The'll i'm gonna go all right. Let's jump over to the last spot here and we can kind of peru some of these. But i i. I've always thought about the other side of life and you know me. I look at things from both angles. And i thought about what about inventors who hated their invention. So i pulled this article up and there's about sixteen we'll just kind again cruised through some of these The first one. I thought was funny. Though is the mcafee antivirus inventor. His name is his name. That's the antivirus right. We see on our computers. He doesn't use his own product. He hates it. My to mcafee mcafee youth mankind. Says he mcafee. I think he pronounces it. Yes actually world. i'm in. Everybody says a different all the time but nevertheless he says he hates it. He says he takes office. Computers too annoying. So i like this one. The man who invented pop up ads is very sorry. Thank you. I accept your apology. I even get those anymore though. Like i papa were non put adblocker on your block around. I'm going to admit this it's right there on it's right here. It's on essential..
Scene Of the Crime
"early twenties" Discussed on Scene Of the Crime
"I don't i don't really you know the day. It is not something to fear and a lot of people just avoided the topic. They abbas probably more comfortable with it because my brothers already passed and it was just normal for me to have siblings that had passed over. So that factor. I'd got past. You know and i realized that other people don't i was a kid now from seventeen year. Old kid going into my early twenties and i didn't have any lap experiences other than childhood basis on so to me to found other people that didn't really habit comfortable a relationship with debt. Never surprise to me you know. It seemed they seemed weird to me because they were avoiding part of life. You know it was just. That's just something. We have to accept the fact that people are going down. The difference with tinker was and my siblings. There was no reason for an older person had passed away due course of normal aging laugh at sickness. But you know to have siblings at that age. It wasn't normal. It wasn't something we like but it was There was an explanation. No my brother and sister had irked effect. So there wasn't explanation for it. So i didn't like it but at least it. Since it was so similar with the loss in unexplained portion of it so it was naturally very attractive for me To try to figure out what what happened to her. I really couldn't get answers from other insisted but could with her or at least her family and found a way to found the rest of the story. they might have clues so it did become a growing obsession. It did and i don't know why sony into it. Long distance phone calls them were expensive. You know they're not free. And i think i think some of the challenges we had back down even of the young detectives don't recall a time period where there was no internet or there was no cheap telephone. Know ten cents fifteen cents a minute bursts twenty years ago more than twenty years. That's big nail as a lot of money especially when you're making minimum wage. Which is you know when. I first started working to.
Uncomfortable Grace Podcast
"early twenties" Discussed on Uncomfortable Grace Podcast
"Know what i facilitated this. I've things have are set in motion. And if i if i let it you know go for a little while it's gonna pick up right where it left off left off and that's really that's like the epitome of success in my opinion and how not to become overwhelmed. I have. I have a question for you One time what is it sorry. Words come on words we can do things a man about a time when you have all the plug on something that you thought was really foundational. And you knew okay. This is important to me. This totally aligns with my values it aligns with the vision. I have for my future. But let's in this season it needs to take a backseat in needs to go dormant and how did you. How did you hold yourself with grace like practically. What did that look like for you. Oh my gosh. So i guess because i am so extreme and My process i had to say. I just right out of the gate. I'm i'm hyper intuitive. I feel like i'm hyper connected to What i know. I'm capable of and how can a screen that stuff. So i exercise saying no to so many fabulous opportunities in front of friends and family that were like flabbergasted and that in and of itself was like i mean i'm not trying to boast but i felt like it was a very courageous thing to do earth and that started like literally in my early twenties so and it didn't. It didn't ever seem to get easier. Isn't that funny so Great but when my a coaching staff started really taking off and started to advance on a national level That was right at the same time that my family needed dire attention and i didn't know that it was gonna landward slanted today and i don't regret saying hey This is going to have to wait. And i i had full support from those. That were a part of that. I feel like they're still within reach. And there's no really concrete way of knowing their security there or that that's that's going to be available forever and i think that's how people get caught in the trap Overwhelmed being overwhelmed. It's.
Consciousness and Leadership
"early twenties" Discussed on Consciousness and Leadership
"I can't wait to learn more about that man For me. It's i definitely went through this phase of men. I'm supposed to be big and confident and loud. And so that's who. I became. Especially when i was going to go through like raving and stuff when i was rediscovering. My voice when i was rediscovering my self expression. There was almost this immature. Use of my voice. There was this immature. Use of my power of my presence. When i was in my early twenties especially and so that was kind of just this phase that i i i was like man. This is what i'm supposed to do and through that. I started to get discernment and started to get feedback from people. People said like. Hey that either works well in and you're doing great like keep up the great work. I got a lot of really great positive feedback and oftentimes my inner circle. My my coaches the people who could kind of see past the facade and the mask of oh. I have it altogether. They're like yeah dude like you don't. You don't have to be so energized all the time you don't have to be loud you don't have to be the loudest person in the room. And even at at certain events. I got reprimanded. I got in trouble. Basically told the like quiet down when i was a volunteer. Like helping to crew in event and mixture an event a workshop or seminar was going effectively and the guy was on stage. And i'm like dancing..
The Know Show
"early twenties" Discussed on The Know Show
"Politicians very similar in the way they talk about that work as aid workers. No i spent maybe fifteen years working in international ngos working with aid workers. And i started when i was in my early twenties. Unlike most aid workers. I went in incredibly. Naive determines change the world yet also interested in travel feeling guilty about british colonialism So a whole range of different emotions and political causes muddled up in my head and i found the development industry. Extremely corrupt arrogant unproblematic and I would say that that in a way in national development is much more problematic then then the public think politicians a not so dissimilar from aid workers. They go in with a bunch of different motives. They get a buzz from. Politics is really exciting. It's an interesting career move but but also they're very often emotionally responding either Anger because they grew up during a period that they hate so that furious with a particular administration so that sometimes motivated by all. The sometimes won't to change from a position of anger all idealism. You know they. They've got Visions of how they can make purchase society better. Why would politicians be very different from the rest of us. I mean they the main way in which the different is they have got Quite big egos and quite thick skin about dealing with the endless attacks. They get a now. You know death threats and whatever so they they are more ready than most of us to be. Exposed to public scrutiny. But i don't believe that terribly different in that in this sort of complex motivations for doing things i mean i guess so i mean we can argue the that many so of people who turned out to be incredibly a Infamous for for any number of reasons started off with these utopian visions and and noble so of a motive as one of the things that i really find Incredibly interested about british politics And you touched on slightly. An earlier on is idea that there are so many rules and based on these rituals and and as a result is if from my perspective it just seems like there's so much trickery unit like there's so much so.
Scientific Sense
"early twenties" Discussed on Scientific Sense
"Not real now about anything. We're not here to this problem of skepticism right. So let's just assume by said to are more or less reliable euro scientists telling us interesting things about the way the brain works. Some neuroscientists have claimed to show that the brain decide for you before you do. But you know those those claims and i think you had philosopher hair to talk about that are riddled with confusion So again if you if you wanted to say that we have free will only if we have complete control. The night basically can't argue with you. I don't think we have that here. Here's a way to look at There's a defense that i call the desperate defense attorneys defense it was famously. Used by clarence darrow. Beckett nike twenty the trial of leopold loeb To rich kids who'd When they were kids they were in their early twenties. Which kidnapped and murdered a child just to see if they could commit the perfect crime they confessed and the only issue was They would get the death penalty and darrow. Who's a brilliant attorney us every argument in the book but the one i'm thinking of basically what like this. What did this child have to do with it. He was not his own mother. He was not his own grandmother. He did not serve round. Have self worth governesses and wealth. And yet he is to be hell to pay. Oh we can always have. That aren't but if we always make that argument. We are rejecting distinctions. That i think should have extinctions between the truly insane if truly mentally incompetent Those who have irresistible desire said there are such things i think the jury is out on that and the rest of us so again. If you're if your argument is that we don't have that control therefore we don't have free. Well i don't disagree with you. Yeah so Because knowing a lot about it. I guess i.
Exponential Podcast
"early twenties" Discussed on Exponential Podcast
"I know are going to cause someone paying so now i've learned over forty some years to make those hard decisions but i still pay an emotional price for because i tend to be overly empathetic which means it's hard for me to fully differentiate not only myself but the good of the whole one of the biggest challenges of wisdom for anybody leading organization is that how do you simultaneously care for the one and for the whole. Yeah and so for me often i. I had to struggle to learn to care for the whole because it was so hard for me to deal with the one. So i i wouldn't intellectually know that this isn't working. Let's say it was just putting in a small group leader in a brand new church if you do that in a brand new church. That's actually a pretty big. Oops so like i knew. I can't let this person keeping a small group leader. Because they don't have my philosophy of ministry they don't share my vision so i intellectually knew i was good enough leader even in my early twenties to know that doesn't work but i would be so slow in dealing with that because i just couldn't.
ROADIUM RADIO
"early twenties" Discussed on ROADIUM RADIO
"Say the next one. Yeah so yeah exactly. He's not satisfied. So i know part of everybody's politics is espn Moving on where. Where are you originally from. What were you raised group in inland empire. Man and a little city called on. -tario i get a lot a lot of people. Ask me my name like when my rap. A lot of people from roundabouts east. La saying you can draw heights. That i'm like no not at all I grew up in inland empire where Growing up just call me d and then i was at a party like i don't know fourteen fifteen little rumble breaks out and he's grown men fighting and i'm like up against the wall and i went to grab a bottle off the wall and i missed it grab a loose brick and i just swung crack somebody who tonight as a little safer like my boys. My little homie wraps like that. I'll never forget it. I'm rapping. I don't have a rap named disarmed as rhyming words. Like i'll never forget it because man that shit sounds hazards should sounds hazardous and later on rumble breaks out lasts at grown men fighting. I'm fifteen these dudes are like in the early twenties. Right little kickback and things went sideways. So i grabbed brick. I hit somebody. And then the i'll never forget like a little bit later. We we skate out. Whatever and The homeless this motherfucker is really a hazard a just stuck. After that i just started using. It sounded like you sounded you know we. I grew up in ontario man Pretty much your whole life. yeah Since i think we moved we moved their my family's all from like montebello east. La oh serena area right but i moved out when i was like four five okay And then in a yeah. I grew up out. There went to chafee. High ontario. high bounced around. You know you're playing sports high school now man. I my freshman year like the summer before my freshman year started..
WFAN Sports Radio_FM
"early twenties" Discussed on WFAN Sports Radio_FM
"They're in their early twenties, and they don't have that financial literacy. So what's the biggest pitfall that you watch with young athletes that get handed this giant check their first day at a college? Mm hmm. Yeah. So it's so crazy that you know, because I was undrafted and I walk into a locker room full of first round draft picks. They're going faster veterans with a ton of money. I actually have to have that same mentality you had off. I can't keep up with everybody else. Right? If I try toe, keep up with the Joneses. I'm gonna be broke. So the little, um compared to the rest of the NFL that I was playing with? You know, I had, you know, $5000 signing bonus when I got out of out of Indiana and I had to make it work. Had to spread it out. So that taught me early on that when I did when I finally when I didn't have, you know the big contract that I was able to live off of, Ah, the budget and not go off. But the problem that I think the players have now and most of society also, when they see, um NFL players and athletes, entertainers, they don't realize our career spans a really short and that money that just seeing here has to go Um uh, for a lifetime. And a lot of times if if, if you were born in a situation, we didn't have any money. That means your family didn't have a lot of money. That means people around. You have a lot of money. So you're taking care a lot of people and before you know it. Uncle Sam. You got to give him 50%. And then your family and friends and you if you're not. If you're not looking at where the money's going, it'll be gone before you know it. There's no doubt and and this happens. It is a plague of professional athletes because they I'm sure want to be loyal to their families and their friends that have supported him through tough times. Then they get more money than they could ever imagine. And just imagine that this big It's never gonna turn off that the water just keeps coming out of the host forever. And ultimately, it does not. So how do you protect your clients? At U. B s former athletes a current athletes from falling into that trap. Number one is just teaching them about. The liabilities that come with The same right? It's great. You've got the big contracts. Learned the lessons of saying no. Put your money in three buckets immediately. Right? You've got the liquidity bucket, which is right now, Money today. Longevity is, you know 2 to 3, you know, maybe even 3 to 5 years and then the legacy bucket. If you could start putting your money in those three buckets. It simplifies things for us. And not complicated. It's not this jargon that you know. Financial institutions and financial advisers like to talk, which kind of confuses people and makes us do things that we shouldn't do. But if you understand those that basic stuff this basic fundamentals of those three hours I just talked about You're giving yourself a good foundation of.
Midlife Mastery
"early twenties" Discussed on Midlife Mastery
"I always think midlife crisis is not an exit strategy to it. It's just a. I have time and money now and don't know what to do with myself. Or i want recapturing. I always think of his recapturing in that may not be true. But you know going back to an identity that i used to have always wanted to have never had the chance without really being productive about it and i'm horribly horribly stereotyping over generalizing here but you wanted to talk to alex because as i look at you and most of this is through the lens of social media. I know but blog posts and such. You seem to have done it fairly intentionally. In you know when i look at so a conversation i had with a lot of people. Is i like advertising. Because i can use it to see how the world either thinks of me or thinks i should be thinking of myself and when we get to you know like when i was in my early twenties. I was horrified. What madison avenue thought about me through light beer commercials like i was so excited to get out of that demographic horrible horrible things and you know now that it's mid life it. The marketing is just as bad. You know you know. Most of it is either around the midlife crisis or around all the pharmaceuticals. They think i should be asking my doctor about Or just waiting for me to go off into my corner and be quiet and be out of everyone's way and and i don't feel any of that about my life and you strike me as a person who just hasn't stopped thinking about redefining and it's still very very excited about your life. You know you mentioned enthusiastic about swing dancing taking up new hobby and ukulele rethinking career and Even before you did that. So i mean follow your work for for years and we had a chance to meet in person at a conference. You're sitting few rows behind me. And i remember kind of one of the things that struck me as not like your work but really forgotten travels. You're really great. Shave thank you. That's what started me. Because i've been a guy who travels and i know the struggles of just keeping any part of your life together while you're traveling so much work and so i all. This is a really long introduction to to kind of kind of some questions around. What's what's been your approach to kind of staying fit insane healthy previously..
KOMO
"early twenties" Discussed on KOMO
"Mariner players continue to hold virtual press conferences and fan chats. 20 year old outfielder Julio Rodriguez, the number two prospect in Seattle's organization would get a lot of different stuff under to get better. I like my body. My swing everything is I coming together is the best physical shape the other fella. You've been my entire life. Rodriguez is coming off a wrist injury and 2020 Super Bowl 55 matchup is all set. Patrick Mahomes in the Kansas City Chiefs returned to defend their crown, and we're trying to run it back. And we mean that I'm excited. The opportunity to go out there and play gets a great football team and try to do that. They'll take on Tom Brady in Tampa Bay, representing the NFC Seattle Sounders Center back Roman Torres signs on with a Costa Rican club and the undefeated scans. Aga and Baylor are still 12 in the A P Men's basketball pole. Sports a 10 and 40. After the hour Bill's words come Oh news, as Washington continues to welcome everyone 65 older to get the covert vaccine, many in their early twenties are receiving a shot just across the state line couples. Brian Calvert has a closer look. Once on the same page with pandemic closures and plans. Washington and Oregon have taken dramatically different approaches in the vaccination process. Priority here remains with medical workers and those age 65 up in Oregon. There's also a priority for medical workers. But there's another group moving to the front of the line. As of now, I support the teachers being pushed to the front of the line for vaccines. Heather is just one of many parents supporting Oregon Governor Cape Browns moved to vaccinate all teachers, regardless of age. The governor seems to understand that older adults in general often have a fatal experience with covert 19. But what is true is that our Children are stopped ring. She wants the kids back in class, and her move is to make sure teachers are protected. She's also allowing those age 80 and up to be vaccinated. Even though Heather agrees. I feel like we have sort of an ethical quandary on our hands in that the teachers are being put in the front for the vaccine, but we don't have dates and we don't have a plan for the middle and high school students just Steve is a high school teacher. Getting back to school is my main objective..
Drawn To It
"early twenties" Discussed on Drawn To It
"We're just like he's he's almost to the top of the mountain up there you know. Yeah so yeah when it comes out you know i know a lot of people are wondering about it and it's gonna be just hopefully a big explosion. Just like close was for two d i. I don't find it very difficult to imagine that when hullaballoo comes out the same type of all my god will be there for you know basically. Yeah i love for it to be a source of inspiration to a certain group of people you know particularly You know a up and coming filmmakers animators you know To really realize that you know. I mean we have thankfully it's a great time to be alive as an animator because We have the means to order to do this. I think and i'm just glad that you know I i'm young enough to do it to you. Know 'cause i mean. I can't imagine if we had everything we did when i was in my early twenties back then to produce animation was a real to do. I mean you you needed you actually needed like shoving space you needed to have all the sows and you needed to buy actual ancient. You need if you know that kind of stuff. seemed impossible to produce on an independent label. Oh it's an insane art form. Yeah you know in its analogue form. It's maddening and yet it was done for so long that way and at such a high quality that it still continues to inspire people who have all the new age tools right. i mean it was. It was to the new people coming up today. What renaissance pain team would be to. You know like even back then where they had to actually go out and plucked the hairs off a hug to make a brush right right and here we are with like. Oh i'm gonna download new. Brush for photoshop and i think about that a lot of big about like when things get to be too hard. I think they were tougher time. You know if they if we could have done it then we can do this. And i think about that a lot. I think about all of the effort. Those artists put in on fantasia like well. If they can do that then i could probably take some time and do this overlap right. Yeah yeah have you struggled with The feeling of oh it's good enough. I just gotta move on. Yeah i have an and there was part of me that that does kind of say. Well there's a prudent part of me that does say this may be good enough for the greater good of moving forward and getting it done and out that. That's just what i may do him. And i've always kind of worked with this mental.