35 Burst results for "Early Two"
A highlight from Congressional Republicans Lash Out At Gensler
"And at the end of it all, after dealing with several more non -answers from Gensler, an exasperated ogles closed the hearing with the call to open up the floodgates, hit him with subpoenas, get the information we need. The obfuscation, the not answering questions, I'm sick and tired of it. Dude, you wear tap dancing shoes better than Fred Astaire and enough is enough. It's time that questions are answered and that we have the information that we need. 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 Thursday, September 28th, and today we are talking about Gensler's combative hearing. 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. Well, friends, we had yesterday another hearing featuring SEC Chair Gary Gensler. This was a House Financial Services Committee oversight hearing. And what makes this one a little bit more interesting, even in the Senate hearing that we heard last week, is one, it had some interesting lead -in in the fact that a bipartisan group had just sent Gary Gensler a letter encouraging him, in the strongest possible language, to approve a Bitcoin spot ETF. And two, it had the setup for some very interesting fireworks heading in. And indeed, that is exactly what we got. Committee Chairman Patrick McHenry set the agenda from the beginning with his opening remarks. He addressed Gensler saying, Last time you were before the committee, I voiced my concerns regarding your reckless approach to rulemaking, lack of capital formation agenda, crusade against the digital asset ecosystem, and unresponsiveness to Congress. So many things changed, so many things remain the same. Those are the same issues on the docket today. McHenry went on to accuse Gensler of doing nothing over the past five months to remedy the legitimate and often bipartisan concern expressed by this committee, adding that this is disgraceful and that their patience was wearing thin. Now, the Republican critique of Gensler's rulemaking agenda is that a huge number of rules have been proposed during his term without an economic analysis being performed on their cumulative effect. Regarding the crypto crackdown, McHenry rebuffed Gensler's constant assertion that the law is clear. He stated, your actions have created more confusion and lasting damage. Indeed, he said that contrary to the SEC's role of consumer protection, that Gensler's actions had, quote, pushed legitimate digital asset activities outside of regulated financial institutions where consumers are best protected. Keep in mind, this is all in the opening statements. McHenry went on noting that the SEC's regulation by enforcement agenda has been ineffective and has been on a massive losing streak in the courts. Still, the main point, the main thrust of McHenry's opening, was that it was unacceptable that the SEC had not engaged with Congress. Wrapping it up, McHenry said, the SEC is not above the law, nor is it unique. I do not want to be the first chairman of this committee to issue a subpoena to the SEC, and you should not want to be the first SEC chair to receive a congressional subpoena. Either we find a path forward where the SEC recognizes Congress as a co -equal branch of government and is responsive to our oversight duties, or my option is to issue that subpoena. It's time for you to consider the lasting consequences of your actions and what that means to the SEC's reputation long -term. While your time in this role may be temporary, the repercussions for your actions may be permanent for the agency. It was a fierce opening that sent the signal right away of what we were in store for. Now, a couple other quick notes around other opening statements. Democrat Ranking Member Maxine Waters used her time to rail against MAGA Republicans for pushing the government into a shutdown, and effectively defended the SEC's agenda on all fronts, and asserted that their rulemaking agenda was moving quote thoughtfully and effectively. Now, Gensler himself also got a chance to give an opening statement, and most of his time was spent on justifying the agency's regulatory agenda. He claimed overall that the rulemaking process had been measured with ample time and consideration given to public comment. Now, from there we moved into the question section of the hearing. McHenry as committee chair got to go first and used his questions to focus on Bitcoin. He asked Gensler whether he stood by his previous comments that Bitcoin is not a security, which Gensler evaded by talking in circles, never reaching a point. Notably frustrated by this process, McHenry snapped, I'm asking you to answer my question now. This is not supposed to be hard. Unable to get a straight answer, McHenry moved on to his point that there is currently no regulator with authority over Bitcoin's spot markets. He asked whether Gensler believed legislation should be passed to close that regulatory gap. To the surprise of no one, Gensler continued in his noncommittal manner, acknowledging the existence of said gap but failing to engage with the need for legislation. After that, McHenry left the crypto topic to press Gensler about when he can expect a response to document requests. Becoming ever more frustrated with Gensler's mealy -mouthed answers, McHenry said, This should not be the hard work of a chairman. You have 30 major rulemakings, but you won't even provide basic documents to us. Your unresponsiveness is non -compliance and we'll have to take action if you're not willing to comply. Now Maxine waters again as ranking minority member got to speak next. She, too, continued on the crypto theme, although she used her time to accuse the industry writ large of quote gross violations of the law that end in investors getting ripped off. She asked Gensler what the SEC has done to quote shut down crypto firms and whether quote crypto firms are getting the message. This, of course, mainly served to set up Gensler's usual sound bites. This is a field, he said, that's rife with fraud, manipulation and scams, and the American public is still getting hurt by the non -compliance in this field. Waters also used this chance to castigate Republicans who quote too often protect crypto firms. Now it was very clear listening to Waters that she wants the public to see the crypto industry as just Luna and FTX, to extrapolate them to everything and effectively shut the industry down. Now moving into the rest of the questioning, much of the substantive discussion centered on SEC staff accounting bulletin 121. Better known as SAB 121, this measure requires financial institutions to place intangible assets on their own balance sheet rather than in segregated customer accounts. The rule has been widely criticized for making crypto custody essentially unworkable for banks. Dissatisfaction was expressed from numerous representatives, including one of Gensler's usual allies, Brad Sherman. Sherman noted that the rule lumps all intangible assets together from real estate to crypto. He suggested that specifically designed rules for vastly different asset classes would be more appropriate. The most robust questioning on this topic, however, came from Republican Mike Flood. Flood put to Gensler that his staff did not consult with prudential regulators on SAB 121, which Gensler acknowledged. After stating that he had personally looked into this issue, Flood noted that the Accounting Standards Board had not published any guidance around crypto custody. This contradicted Gensler's comments from a previous hearing when he stated that the SEC was simply applying existing accounting rules. Flood said quote, With regard to SAB 121's potential effects on a bank's balance sheet, it's fair to say that fact pattern we have is that the SEC is not just going out of its lane, but it failed to comprehend the existence of any conflict with prudential rules. He suggested that there are only two explanations for this action. Either the SEC knew there was no justification for SAB 121 and chose to do it anyway, or that there were fairly obvious mistakes made during that process. Flood concluded saying quote, The case of SAB 121 raises the question of whether the SEC is compromised. Now, as you might expect, minority whip Tom Emmer lined up to take his shot with a series of rapid -fire yes or no questions. The main thrust of his questioning was around whether Gensler's history as a partner at Goldman Sachs had colored his agenda at the SEC. To get a sense of Emmer's opinion on this, just look at his tweet from yesterday where he said, Fact, Gary Gensler is not an impartial regulator, and his answers to my questions today prove just that. He's made a career of being relentlessly loyal to the largest institutions in America at the clear expense of innovation, competition, and everyday Americans. One example, Emmer presented Gensler with a quote he previously gave about bank executives being concerned about depositors moving money into crypto. Emmer asked, Can you assure this committee that your style of regulation by harassment towards digital asset innovation is to the benefit of every American and not driven by your desire to protect industry incumbents? At another point, Emmer asked whether Gensler believed that all crypto tokens were securities, which was, once again, avoided with a rambling noncommittal answer. And all of this built up to the big finale in which Emmer said, Mr. Gensler, despite your years of rhetoric, I'm convinced you are not an impartial regulator. Instead, it's clear you are working to consolidate your own power even though it means crushing opportunities for everyday Americans and, frankly, the financial future of this country. Even the federal courts are highlighting the damage you, sir, are doing to our constituents and they are telling you you don't have the legal authority to accomplish your goal of squashing competition in the financial markets. Now, while this was extremely satisfying to watch if you happen to agree with Emmer, in general, I find that this type of interaction is exactly why these hearings are so much about and not really about productive anything. This was a chance to articulate the Republican position against Gary Gensler. There's no real place for listening. It's about laying out a narrative. Now, in this case, I happen to agree with Emmer's narrative, but it still doesn't make for the most effective governance. Another notable line of questioning came from Democrat Richie Torres. Torres used his time to dig into the issue of whether crypto should be governed by securities law. He said, I worry that the term investment contract has become so infinitely malleable and I worry that when it comes to crypto, your interpretation of the term investment contract has no limiting principle and therefore could invite arbitrary and capricious enforcement action. Torres referenced an August report from six law professors which examined the history of the Howey test. That report had noted that no Supreme Court ruling has ever determined the existence of an investment contract scheme without recognizing one or more contracts underlying that scheme. When pushed to provide a case that contradicts this research, Gensler was unable to do so. When Gensler began to waffle, Torres cut him off, stating that, This is a question to which you should know the answer because the definition of an investment contract is the central issue. That's what determines the extent of your authority. That's what determines the applicability of federal securities law to crypto transactions. Your inability to answer that question is baffling to me. Switching tactics, Torres asked whether purchasing a Pokémon card would constitute a securities transaction. Gensler, as always, was unable to give a straight answer, stating that he would know what the context was, although generally he acknowledged that it would not be. Torres followed up by asking whether purchasing a tokenized Pokémon card would be considered a securities transaction. He asked Gensler if, For you, the process of tokenization is what transforms a non -securities transaction into a securities transaction? Gensler, of course, did not get to a real answer and just fell back on restating the elements of the Howey test. One other topic that you might be wondering if it came up was the Prometheum question. Prometheum was, of course, the first crypto firm to obtain SEC registration as a crypto brokerage, despite the fact that that licensing seems to give them no ability to actually offer digital asset trading. Prometheum is also minority -owned by a prominent Chinese firm. After Gensler failed to express any serious concern with the Prometheum situation, Congressman Ralph Norman noted that the SEC had taken 10 weeks to respond to a letter on the issue. He said, Andy Ogles brought the four -hour hearing full circle, saying, And at the end of it all, after dealing with several more non -answers from Gensler, an exasperated Ogles closed the hearing with the call to, So, what can be drawn from this hearing, if anything? Well, Gensler appears to be stubbornly sticking to his plan to evade document requests and oversight from Republican representatives. Over the four -hour hearing, there were few, if any, answers from Gensler that produced any new information or even, frankly, attempted good -faith engagement with the questions. Throughout the hearing, Gensler acted as if he knew there would be no serious repercussions and he could continue to treat congressional oversight as a joke. Republicans, for their part, are clearly fed up and ready to act. McHenry began and ended the hearing with a threat to subpoena the SEC and Gensler to compel a response to the numerous document requests that have gone unanswered. The threat seemed to carry little weight for Gensler, who seemed more than willing to allow that controversial action to play out. Now, on the flip side, establishment Democrats appear entirely disengaged with the legislative process and committed to the current strategy of naming failed crypto projects and demanding that the SEC continue its rampage throughout the industry. No senior Democrats appear at all concerned that the SEC is losing in court, as long as that litigation remains a roadblock for the industry. Representative Torres remained a bright spot and one of the few Democrats breaking with his senior colleagues. His questions showed a deep understanding of the legal issues surrounding token lawsuits and the need for additional clarity and crypto regulation. Overall, the hearing really just confirmed what we already knew about Gensler and his leadership of the SEC, which is, of course, that it seems very unlikely that anything will change. However, Republicans have now clearly reached the end of their rope and are ready to play hardball by using subpoena power. As Bill Huizenga put it to Gensler, what's your plan? Because we've got a plan. Until next time, guys, be safe and take care of each other. Peace.
A highlight from The Ministry of Evangelism
"Welcome to the Heart for God podcast. With many years of experience pastoring and helping to start churches, Dr. Jim Townsley has some practical and biblical advice that can be a great help to you and your ministry. On this podcast, Dr. Townsley and other guests with special expertise cover a variety of topics. His goal is to help you lead your church to be a healthy, strong, and balanced ministry, and for your family to be happy, healthy, and living for the Lord. Welcome to the podcast today. I'm glad that you joined us. I have with me here Brother Matt Barber, and he is an evangelist. He's been at our church since Sunday. This is now Wednesday, so he's had several opportunities to speak to us and preach the Word of God. Matt, it's good to have you with us this morning. Good to be here. It's a pleasure. So I want you to just say a little bit about your background, who you are, your family, what God has called you to do, and where you were before. Well, I was raised in a pastor's home. I had great opportunities to hear the gospel. I got saved as a child. When I was 16, the Lord finally got a hold of my heart, and I surrendered to him, and that's when I felt called to preach. I went on to Bible college. I went to Baptist College of Ministry up in Menomonee Falls, Wisconsin, back in the early days of the college there, and that's where I met my wife. So a lot of good things happened in those days. And then our first ministry was in Woodridge, Illinois, where I went there as an assistant pastor. So that's in the Chicago area? Yep, that's right, southwest suburbs of Chicago. And within six months, I found myself the pastor of the church, and we stayed there for 13 years. And you have family? Yes, sir. Yep. So my wife, Chelsea, and then we have five children, and so the Lord's blessed us richly. And the years at Woodridge were wonderful. We learned a lot. The church grew. It had been through a lot, and we were kind of in a re -establishing, rebuilding phase at the church. And then in 2018 and 2019, I began to feel the Lord stirring my heart towards evangelism, and that's where I felt called originally. And by 2021, the Lord finally gave us the green light, and we stepped out by faith. And so we've been traveling full -time now the last two years. So stepping out by faith is no small exaggeration, because for an evangelist, to get started, people don't know you, they don't know your name. So how does that all come about? How do you end up getting meetings? Well, that's a good question. When I first announced it to our church, they were shocked that we were moving on, but I felt that the church was ready for another hand at the till, so to speak. The church was established, and I guess they thought that I was going out into evangelism by popular demand, and that was not the case. I didn't have anything on the schedule, and I was just trusting the Lord. I expected to be working full -time or part -time as we got meetings lined up, but God and His mercy just allowed the meetings to come in. And they didn't come in all at once, but the Lord stayed ahead of us by three or four weeks or a month or two, and He just filled up our year. We found ourselves traveling two or three weeks a month, plus Sundays and Wednesdays here and there, different places that first year. This second year has been a lot more busy. We spent the whole summer just packed all the way through. We're out west and got to see some beautiful country. But the best thing is we've been seeing God's blessing and seeing God just confirm the step of faith with meetings and with fruit. Dr. Darrell Bock So you're traveling with your family. So you've got a pole -behind trailer, and you've got seven people in that thing. How do you live in that? David Jones Well, you know, the Lord already provided the Ford Excursion. That's right. It's a 2002 Excursion. It's the gas kind, the gas guzzler, but we already had the Excursion, and when the Lord was stirring us up to go, of course, the first question is, can we do this? And the first thought is, no, we can't do this. This is impossible. But then we began to look into it, and we found some pole -behind travel trailer options that would work for our family. In fact, we only found one option big enough that I could actually haul with our truck. And so it's got several slide -outs, and it has a lot of roomy space for the kids to sleep. I say roomy in relative terms, but it works for us. It's tight, but we've been doing fine the last couple of years. Dr. Darrell Bock So you've been a pastor. Now you're traveling as an evangelist. There's got to be a pretty good perspective you have. What is the difference in what are some of the things that people might be interested in, the difference between being a pastor and being on the road as an evangelist? David Jones Well, there's some stark differences, and I guess just going back to the root of it is there are two different gifts in the Bible. We have them listed in Ephesians, Chapter 4. Of course, you have the foundational gifts of the apostles and prophets. Those are no more because the foundation has been laid. But then it goes on to mention evangelists and then pastors and teachers, and I think pastor -teacher is kind of the one idea of pastoring and teaching a flock. So what is the evangelist? Well, if you think about it in the order of events, before you have a church, you have to have gospel preaching so people can be saved so you can have a church, right? So evangelist, an the word evangelist comes from the word evangel or gospel. So an evangelist preaches the gospel, but all of us do that, right? But it's a special gifting that focuses on the gospel. So as an evangelist, I think God gives a special desire, burden, boldness, or even I think also clarity in preaching the gospel so that people can understand. And that's not something to boast of, it's just something that God begins to reveal what your strengths are, what his giftings are. So evangelism is a pioneering gift. Oftentimes evangelists will plant churches, but that's not always the case. My older brother Nathan is a pastor. He planted a church. He would not call himself an evangelist, but he planted a church. So God can use different gifts for different things. I was an evangelist, but I was pastoring for 13 years. But the whole time, I knew I was an evangelist who was trying really hard to be a pastor. It's hard to explain that, but I knew that. But I'm thankful for that background so I could understand the ins and outs of being a pastor and how a church works. But an evangelist is a pioneering gift. You lay the foundation. But an evangelist can also be a restorative gift. I think of Paul. Obviously Paul was an apostle, but if you look at the way he traveled, he was trailblazing. And that's not something just an apostle can do. There were others who did that. In fact, when Paul and Barnabas split up, Barnabas took Mark, and he went off in a different direction doing the same thing that Paul was doing. So there were many who were traveling around in an itinerant way, preaching and laying new foundations through church planting. But then Paul continuously came back and had a desire to circle back and establish and strengthen the churches that he had been a part of. Well, that's itinerant work. I think in America we see a lot of the typical evangelist who travels itinerantly, preaches revival meetings. But that's not unfounded. There's a basis for that in Scripture. I just think the evangelist is more than a revival man. An evangelist can plant churches. An evangelist can go to the mission field. But I think there is a desire in evangelists to not only plant or lay a foundation, but then to be used of God to establish or to even bring an outside perspective that can help a church. And the pastor is there day in, day out. God uses that outside perspective and that special outside gifting to complement the pastor and to help the church grow. Dr. Darrell Bock So what would you say your goal is? As you go from church to church, what is your purpose and goal? What do you feel you want to accomplish by doing that? Dr. Mark Bock Well, a lot of evangelists focus on the word revival, and that's a good word. It's actually more of an Old Testament word, although we see the concept in the New Testament as well. But basically the way I look at it is churches need to thrive and new churches need to be started. My role in that would be to preach the gospel so folks can be saved. But then if I'm going back through established churches, then my goal is to see churches restored, revived to a place where they can grow again. And obviously individuals in that church being, to use another word, quickened. David talked about that. He says, quicken thou me according to thy word. And I think the evangelist can be used of the Lord to have God's power to open eyes, to quicken, to revitalize a church so they can grow. Not that he brings revival with him. Not that he has anything better than the pastor has. But it's a different gifting that complements the work of the pastor. Dr. Darrell Bock So a different train of thought here. From the perspective of a pastor, having an evangelist come into your church, how can a pastor best prepare to have an evangelist come, and how can he take care of him while he is there? Well, I mean, going back to Ephesians 4, they're called the gifts of the Holy Spirit to the church, right? So the pastor, I think people see that clearly, the pastor is a gift to a church. If you have a pastor, you have a gift. God has gifted and blessed your church. But I think sometimes pastors forget that the evangelist is also a gift to the church. And there are many pastors now who aren't having evangelists for various reasons. And I would say they're robbing their church from a gift that God wants to give them. Not because the evangelist is so special, because it's a gift God designed for the health of the church. So knowing, seeing it as a gift that God has established, make room for it, you know, promote it.
A highlight from SEC GARY GENSLER DELAYS BLACKROCK BITCOIN ETF, ETH FUTURES ETF APPROVED, RIPPLE FORTRESS, PAYPAL CRYPTO PATENTS
"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, I want to start off with big news from the SEC. They have delayed a bunch of Bitcoin spot ETF applications, and the applications includes BlackRock's, Bitwise and some others. So not denials, but delays. So corrupt scumbag regulator Gary Gensler continues his clown show. We know he has approved futures ETFs, and in fact, we got news that Valkyrie got their approval for an Ethereum futures ETF. So why is he approving these futures ETFs without hesitation? Because, folks, they can be used to manipulate the market and drive the price down, right? It allows for folks to short the market. And that's why a Bitcoin futures ETF was approved, multiple Bitcoin futures ETF were approved over the years. And yet the SEC kept denying spot ETF approvals. And we know in the Grayscale lawsuit, the three judges said the SEC was arbitrary and Bitcoin spot ETF. So we have to keep putting the pressure. Again, we have a delay here and I think we can expect more delays, right? Until Gary starts feeling the pressure and we saw members of Congress send letters to Gary asking him to approve the Bitcoin spot ETF and highlighting the Grayscale lawsuit. So I think eventually the pressure will be on him where he's going to have to do this. And in one way, in one way, this is a good thing that it's not getting approved now, because in my opinion, I believe the Fed is going to continue to raise rates till the end of the year. And they're going to pause officially in Q1 of 2024, where I believe they're going to start quantitative easing next year. So global liquidity will come back. Right now we are in a tightening cycle, rates are up, inflation is still an issue. So the markets are not really primed for a lot of capital to come in. That doesn't mean that the approval can happen now. But in my opinion, the approval news will help drive the price up and eventually as these products are fully launched by BlackRock and others, a lot of capital will start flowing through them. So in a way it's a good thing, but still on principle, it just shows Gary Gensler is a scumbag regulator. So once again, Valkyrie got their futures ETF approved by the SEC, so expect more volatility around Ethereum. Now, speaking of Bitcoin, a luxury car maker, Bugatti, and that's a very expensive luxury car maker, Bugatti cars, many of them are like a million dollars and over, officially launches Bitcoin ordinals collection. So really cool that big brands are adopting crypto in different ways, whether it be tokenization, NFTs, and much more. The issue is the Bitcoin blockchain cannot handle these things. It more adds congestion to the network, which increases time of transactions as well as costs. So it's not made for that. And I know there are folks who say, oh, you know, this is a good thing, but I don't think it's a good thing for Bitcoin. I think there are other blockchains out there that can handle these things and not have ridiculous costs and fees. So but I think overall, this is good for the market. Now Ripple CEO, Brad Garlinghouse, tweeted out the following today, a few weeks ago, we signed a letter of intent to acquire Fortress Trust. We've since made the decision not to move forward with an outright acquisition. The Ripple will remain as an investor in Fortress. The Fortress team is incredibly talented and has built products solving real customer problems. While this outcome is different from what was originally planned, we'll continue to support them and hope to work together in the future. So obviously, we don't know the details as to why they're pulling out here, but they will remain an investor. So just an update on that, folks. Now a quick word from our sponsor, and that is Uphold, which makes crypto investing easy. Uphold is a great platform that I've been using since 2018, so I can certainly vouch for this platform. They have 10 plus million users, 250 plus crypto currencies, and they're available in 150 countries. You can also trade precious metals and equities on this platform. If you'd like to learn more, please visit the link in the description. Now we have big news around Coinbase. They tweeted out today, the expansion continues. Thrilled to announce that Coinbase International Exchange has secured regulatory approval from the Bermuda Monetary Authority to enable perpetual futures for non -U .S. retail customers. You may have seen the phase two of our go -broad, go -deep strategy for international expansion. Providing greater access to go -broad products, including derivatives, is a crucial part of that strategy, all with the support of forward -looking regulators. Coinbase Advance will begin to offer perpetual futures trading in the coming weeks as access to regulated derivatives expands to more global customers. So really big win here for Coinbase, obviously it excludes U .S. users, but they're going to be able to offer futures trading and much more to many parts of the world. And if only the United States could get its act together and pass regulations and do the right things, you know, U .S. users could benefit from this. But you know, once again, we're dealing with clowns like Gary Gensler. Now PayPal patent apps signal an interest in Layer 2's NFTs. PayPal continues, folks, to just go aggressive in the crypto market. Obviously, recently they launched a stablecoin. We know back in 2021, they launched crypto trading for both PayPal and Venmo. They've been four patent applications, which were published since September 21, suggesting that PayPal is taking a close look at distributed ledger tech. So they're going all in, folks, and I don't blame them, right? You better innovate and adapt to the new disruptive technology, or you will be disrupted and be put out of business. Just ask the folks at Blockbuster what happened to them as Netflix and the internet and streaming and much more went and took their lunch. So really, really bullish. Let me give some details on these applications. The most recent application, published Thursday and originally filed in March of 2022, delves into the details of how validators or miners should be selected during the process of adding transactions to the blockchain. The document states that the company's disclosed techniques could advantageously allow steering of blockchain requests to a desired subsets of miners slash validators. Three other patent applications released on September 21 were also filed in March of 2022. One offered up supposedly new methods and systems to enable off -chain transactions through NFT marketplaces. Boy, imagine PayPal launching an NFT marketplace. Another mentions the concept of a so -called omniverse, which in this context suggests a product that deals in multiple metaverses. The third describes another conceptual online transaction processor. This processor's goal is to facilitate payments between users and merchants operating on different network layers, layer ones and layer twos in a more efficient manner. So essentially looking to build interoperability, that is going to be key. And notice users and merchants, right? So you may have users, let's say on the XRP ledger and merchants on the Polygon blockchain, how do they connect, right? And I'm just giving an example, obviously they mentioned layer one and layer twos here. So it could be like Ethereum and Polygon is a layer two scaling solution, but also there's going to have to be compatibility with different blockchains. So really great stuff here from PayPal and a sign of what's to come folks. This is a stuff that makes me very bullish. Now Circle, they're expanding USDC on the Polygon blockchain, and that's going to be launched on October 10th. So Circle continues to make smart moves here, pretty much getting USDC on all the top blockchains. And once again, there's going to be interoperability and much more. So the ecosystem continues to grow. Now folks, some of you may have seen this, the New York Post did an article saying the Winklevoss twins, Tyler and Cameron, secretly withdrew $280 million in assets before the crypto firm collapsed. This is according to sources, right? So they didn't provide any proof. Well, the folks at Gemini, they addressed this issue and gave some clarity that it's actually false. They said, we are disappointed that the New York Post has chosen to recklessly publish a completely misleading story about the Gemini earn program. Everything the post alleges in its story is the exact opposite. The $282 million that was withdrawn from the Genesis in August of 2022 was in fact earned users money. It was not Gemini's corporate funds, and it was not the personal funds of our founders, Cameron and Tyler, or their investment from Winklevoss Capital. So they clarified that, but kind of a hit piece here from the New York Post. Now folks, speaking of the Winklevoss twins, Mark Zuckerberg, and many of you know the history of Facebook with the Winklevoss twins and Mark Zuckerberg, well, Mark was interviewed on the Lex Friedman podcast, and they did it through the metaverse. People have been roasting Mark and his version of metaverse for years, they've lost billions of dollars. Look, I've even roasted him a little bit, right? Because their metaverse product was not great, but boy, have they made a huge leap. Guys, go check out the interview with Mark Zuckerberg on the Lex Friedman podcast. They did it through the metaverse using the Oculus, and the new feature is this lifelike representation of their faces and their upper body, essentially, and it is incredible, folks. It is incredible. You have to see this. And you may say, Tony, why are we talking about this? Well, folks, this metaverse set up with full immersion, right, will eventually include a lot of NFTs and blockchain and tokens. It's all part of the same technological adoption. You're going to see more tokenization, once again, everything running on the blockchain, and you're going to need the blockchain in the metaverse because it's going to be hard to plug in Web2 payment apps, right? It's going to be hard to go use PayPal in the metaverse versus using stable coins or different tokens to exchange value. So this is incredible. I'm really blown away by what Mark and the folks at Meta did here. And I'm not some big advocate of you must live in the metaverse. I believe the metaverse is going to be useful. I think with everything in life, you've got to have balance. Will I be participating in some metaverses? Yes. Will I be spending all my time in the metaverse? No. I will be out getting fresh air, touching grass, going out for walks and so forth. That is how I grew up. Obviously, we live in a digital world, but we have to balance it out. But future generations, if you're listening, some of you younger kids, somebody listening to this 10 years from now, please don't be fully immersed in the metaverse. Have a balance, spend some of your life outside of it. But folks, this is incredible. Go check it out. Finally, some more good news here. Our judge denies temporary release for Sam Bankman -Fried suggests he could face a very long sentence. That is music to my ears. I love it. This guy is a fraud, a liar, a criminal. He should go to jail along with Alex Mashinsky. And we have to make sure we do a good job of flagging these guys, man, because we don't need this kind of stuff in the crypto industry. We're trying to mature, have good infrastructure and avoid any type of corruption and criminal activity as best as possible. Obviously, it's hard to stop those things. They happen because it's part of human nature. Just look at Bernie Madoff. He was in the most regulated financial markets, yet he was scamming people out of millions, if not billions. I hope this guy goes to jail for a long time and he doesn't get off because we know his parents are connected politically and there's a whole bunch of stuff that's been happening there where money from FTX was funneled to his parents. So, you know, I hope they are all held accountable, folks, friendly reminder, my interview with Congressman Warren Davidson will be published tomorrow. So be sure to check that out. Make sure you got the subscribe button hit, hit the five star rating on the podcast platforms. And I'll talk to you all later. Bye bye.
A highlight from Week in Review - Episode 25
"Time for the Mike Gallagher Show week in review podcast. We're glad you could join us. Boy, what a week it was. The debate, the craziness, the New York City judge trying to crush the Trump organization, keeping Trump from ever conducting business in New York ever again. Number of media outlets conducted polls. The results don't look really good for President Biden. Even the media outlets could hardly believe their own results. Washington Post ABC poll came out over the weekend. Has Trump beating Biden by 10 points? 52 to 42 percent among registered voters in a hypothetical 2024 national matchup. Now, the Washington Post says, oh, this poll is an outlier. Well, the truth is there's no national election. What matters are the other swing states. We know that we understand that the NBC poll has Trump and Biden tied. I think what's important to remember is almost no national poll has Trump getting significantly beat by Joe Biden. Are they all lying? Are they all making it up? Is it all are they all outliers? And make no mistake, they are melting down, man. They are freaking out over this poll. Here's ABC's. And you know, it's tough because you got both the Washington Post and ABC, these two huge legacy media outlets having to distance themselves in a way from their own poll. Here's ABC's Rick Klein talking to Martha Raddatz over the weekend about the staggering bad news for Joe Biden in this poll. Martha, these numbers are simply staggering for the sitting president. 44 percent of people in this poll say they are not as well off as they were at the start of the Biden administration two and a half years ago. Those are the worst numbers that we've seen in our ABC News Washington Post polling. It's a question we've been asking going back to the Reagan administration. And when you when you dive into the big questions around the economy, we know President Biden has been out there trying to make the case. Unemployment is low. He's been talking about how inflation has been easing, but people aren't buying it. You covered some of the reasons why. Gas prices, food prices, grocery prices and like right now on the big picture on the economy, 74 percent of the country, that's about three quarters of Americans who say the economy is either not so good or downright poor. Now, of all the things I get angry about, the illegal immigration crisis that we have in America right now is infuriating because this is a crisis of the Democrats making and they have the gall. They've got the nerve. They have the audacity to pretend it's not their fault. When you screech about open borders, when you brag about being a sanctuary city and suddenly we face a crisis of thousands and thousands and thousands of illegals entering this country.
A highlight from Katy Faust
"Hey you, have you checked your bucket list lately? Are you ready to take care of item number seven? Listening to The Eric Mataxas Show? Well welcome, tune in, and then move on to item number eight. Skydiving with Chuck Schumer and AOC. Here now is Mr. Completed My Bucket List at age 12, Eric Mataxas. Hey there folks, welcome. I'm excited to have back as my guest Katie Faust. Faust, Katie Faust. New book called Raising Conservative Kids in a Woke City. Katie, welcome back. So good to be with you. You've got a nice little feature in my storyline of authoring. I didn't write my first book until you were like, Katie, you need to write a book. And I was like, I don't have time. And you're like, well, then your little global children's rights movement is going nowhere. And I was like, well, then I guess I write a book. So credit to you for getting Stacy and I into the official publishing world because we wouldn't have done it without your coercive prompting. Wow, that's terrific. Now, the problem is biblically you have to tithe unto me after the order of Melchizedek. That's biblical since I was the one behind this. And you are without genealogy and eternal, is that how this is working? Well, this is Salem radio, so I guess it all makes sense now. Oh, my God. Oh, that is creepy. The priest of Salem, Melchizedek. All right. I love the fact that tons of people are saying, what, what, what are you talking about? Read your Bibles, people. All right, I don't have time. So Faust, Katie you are your organization is called Them Before Us. Talk about that a little bit before we get into the new book. Yeah, well, I am really passionate about two things. One is when it comes to the changes in culture, law and technology that are taking place in our world today. I'm very passionate about don't touch the kids. Leave the kids alone when it comes to changes in marriage, family, parenthood, reproduction. And right now the world is looking at kids and they're like, those are accessories that I can cut and paste into any and every adult relationship. So the first book is about no children have a right to be known and loved by their mother and father. All adults need to conform to those rights. So whatever is going on in your personal life, leave the kids alone. But I'm also very passionate about something else, and that is leave my kids alone. Don't touch my kids. But that's very challenging because this culture is insane and it's absolutely after our kids. They are hell bent in destroying children's life, family, mind and body. And they do that highly and very effectively through indoctrination, whether that comes through the schools, whether it comes through social media, whether it comes through mainstream media, their friend group, sometimes infiltrating their churches. And so my co -author Stacey and I have written a book about how we have been able to raise collectively our seven kids between our two families in one of the most hostile, progressive cities in the world, Seattle, and largely sending them to public schools. And you can't capture our kids. Like we have been able to locate our worldview in our kids to the point where they can spot the lie. They can stand against the crowd and they can push back. Right. And look, there are a few things that need to be said. First of all, the fact that we are now at a point where the left, broadly defined, is coming after our kids. This is when you move from like mere leftism or from liberalism or whatever we called it in the past into full blown Marxism, cultural Marxism, where they say and they believe the family is the enemy of the state. They want to crush families. They want to divide children from their parents. They want to divide husbands from wives. They want to destroy the family because the family, like God, like people of faith, is their enemy. And so this is something that we need to recognize. It's a new iteration in the long march to the institutions. They have now gotten to a point where they're open about wanting to steal our children, steal our children's minds. And you're quite right. You know, the buck stops here. That's that's not going to happen. We will die as parents before we let you do that. And we will die happily. That's right. Children from these vile ideas. So your book, the new book is Raising Conservative Kids in a Woke City. Now, I want to say there are other options, folks. You don't need to live in a woke city. Perhaps you don't need to send your kids to public school. You can homeschool your kids. I would say the first thing to anybody would be homeschool your kids. You know, go to Sam Sorbo, ask her how to do it. Everybody who says I'm not qualified to do it is totally qualified to do it. But what you're saying, Katie, is that even if you can't do that, even if you can't send your kids to a genuinely faith based traditional school, there is hope. Well, and the deal is like the woke is coming for your kids, even if you're homeschooling them, even if they're in a great private school, it is seeping into their world. I mean, I've got friends at great conservative Christian schools where the woke is infiltrating them as well, where kids are talking about being pansexual. You know, and it's a private Christian school. And I'm surrounded by homeschool kids who are awesome. And I love them. I'm currently running the youth ministry at our church and there's a lot of homeschooled kids. These kids are great. They're also battling these woke ideas. It is also infiltrating their world. So like you cannot bubble wrap your kids. And honestly, you should not try to bubble wrap your kids. There is an appropriate way to shelter your kids early on and then strategically expose them to these ideas. You, the parent, introduce them. You don't let the world introduce it to them. You introduce this in age appropriate ways, in developmentally appropriate stages. And that's what we do in the book is we kind of lay out sort of these stages of learning for kids what you need to be covering in each of these different phases, how to strategically make sure that you are getting to your kids first rather than letting the world introduce these concepts to your kids and thereby establishing yourself as the expert. And parents need to be doing this regardless of your zip code, regardless of how your kids are being schooled. You we all need to inoculate our kids against the woke virus. And if we can do it in Seattle with our kids going to public school, you can do it, too. Well, that's amazing. And listen, what you're saying is, is that, you know, when you say you can't bubble wrap your kids, the point is you want to let them understand why the ideas on the left are bad. Not just say that they're bad, but actually make them understand. No, no, no, no. They're actually bad. They're actually harmful. They're stupid. They're illogical. They're irrational. They're anti -human. They're inhuman. They are failed and failing and will fail. Our kids need to get that. So it's not just my parents believe that and they told me I have to believe that. No, no, no. It's actually true. It's like teaching your kid math. You know, then they can do it on their own. They don't they don't need you once they learn how to do it. So that's an important point to make. So the book is brand new folks raising conservative kids in a in a woke city. And I'd forgotten, Katie, that you lived in Seattle. Of course, I live in New York. And it needs to be said, you said it, but it needs to be said again and again that a lot of these places that we trusted, a Christian schools, Christian institutions, churches have themselves about the need to bail or are perfectly willing to go along with bowing the need to bail. A lot of the institutions that we once took for granted as on the good side have gone to the dark side. Christianity Today magazine completely gone over to the dark side. Campus Crusade, now called Crew, has opened the door to tons of bad ideas. The Gospel Coalition, which was once OK, has opened the door to tremendously pernicious ideas. And so it really does fall to us, the parents, to take this seriously and to understand it is our job. We can no longer entrust our kids to these to these places we once thought were safe. Well, and we talk about in the conclusion, like sometimes it feels like, what can I do? I don't have a huge platform. I'm not in political office. You know, I don't I'm not an author at any of these outlets. You actually have the most position as a parent. Do you understand the power of raising the next generation to embrace conservative ideas? And by that, we define conservatism as you're just recognizing historical, economic and biological reality. That is what conservatism is today. On team reality, folks, it's called reality. We believe in reality. That's right. It's no longer just return to the gold standard, you know, kind of people or or, you know. Hawks on foreign policy, it's like if you recognize that men and women are different, if you recognize that the free market is the best way to conduct ourselves in the economy, if you recognize that life begins at conception, if you recognize that, you know, we are defined by the content of our character, not the color of our skin. I mean, like if you recognize those things, you're a conservative. Welcome to the welcome. Welcome to the red pill, baby. And it's amazing. We have to go to a break. What's the website then before us? Then before us dot com is where you can keep up before us dot com. Katie Faust will be right back with the overturn of Roe v. Wade. Lots of companies are coming out saying they'll pay for employee abortion travel and expenses. Most of you have heard about some of these companies. You've decided to stop shopping or doing business there. But did you know that you most likely own stock in those companies through your 401ks, IRAs and other investment accounts? Folks, this is a huge problem. And we need to do something about this to send a message to Wall Street through our investments. You need to go to inspire advisors dot com slash Eric and get a free inspire impact report. This biblical investment analysis will educate you on what's really in your investment accounts, like companies paying for abortion travel. You need to go to inspire advisors dot com slash Eric to connect with an inspire advisors financial professional who can run your report and help remove companies paying for abortion travel today. Go to inspire advisors dot com slash Eric. That's inspire advisors dot com slash Eric advisory services are offered through Inspire Advisors LLC, a registered investment advisor with the SEC. Legacy Precious Metals has a revolutionary new online platform that allows you to invest in real gold and silver online. In a few easy steps, you can open an account online, select your metals of choice and choose to have them stored in a vault or shipped to your door. You'll have access to a dashboard where you can track your portfolio growth in real time, anytime. You'll see transparent pricing on each coin and bar. This puts you in complete control of your money. The platform is free to sign up for. Visit Legacy PM investments dot com and open your account and see this new investing platform for yourself. Gold can hedge against inflation and against the volatile stock market. A true diversified portfolio isn't just more stocks and bonds, but different asset classes. This new platform allows you to make investments in gold and silver, no matter how small or large, with a few clicks. Visit Legacy PM investments dot com to get started. You're going to love this free new tool that they've added. Please go check it out today. That's Legacy PM investments dot com.
A highlight from Kevin McCullough
"Welcome to the Eric Mataxas Show. Do you like your gravy thick and rich and loaded with creamy mushrooms? If no one was looking, would you chug the whole gravy boat? Chug! Chug! Chug! Chug! Stay tuned. Here comes Mr. Chug -a -Lug himself, Eric Mataxas. Hey folks, welcome to the program. If you're like me, last night you were able to watch the debate and you deliberately skipped it for your mental health. That's just where I am in life right now. I caught parts of it which made me wince and cringe, sometimes wince and cringe. I never wept, but you know what, it's probably better for me to find out what my guest thought. He may have watched the debate. My friend, Kevin McCullough, we call you votes tridamus because you are a prognosticator, a seer, a prophet politically speaking. Kevin McCullough of that Kevin show, how are you? I'm well and I can see some things very clearly today. There should be no more debates. These exercises in futility, and that's what they've turned into, are becoming embarrassing to the cause of what this election should be about. And last night, it's just hard to put into words how bad this debate was, from its execution to the policies, to the answers. It was just nothing good about it. Some people in my audience care about this. I'm in Irvine, California. I'm in a hotel room you people can see. I'm speaking today, so today's Thursday in Costa Mesa. So if anybody wants to come and hold my hand and hug me about the sadness of the debate, or just talk to me or get book signed or whatever I'm going to be tonight in Costa Mesa, you go to my website, ericmataxas .com, and you can see me and talk to me and hang out and whatever tonight in Costa Mesa. This is Thursday, folks. And tomorrow, there's a prayer breakfast here in Irvine that I'm speaking at. But the reason I bring this up, Kevin, is because I rarely have time to turn on the TV. And last night, I realized, oh, I'm pretty wiped out. Let me turn on the TV. Let me just look at the debate just to see. I literally really couldn't bear to watch it. So as someone who watched it, I'm talking to you. Am I being cruel or unfair? Because it was unfair. What little I saw was genuinely unbearable. No, as I was saying just a second ago, from the way it was structured, to the execution, to the answers to the substance, the format's wild and out of control. There's not really a possibility of getting very deep on any one of the single questions. And I think a lot of the questions that are being asked are not the right ones. And so as I've watched, and I didn't watch all of last night's debate in real time, I caught up on a bunch of it after the fact. But as I've sat through both of them now, it is easy for me to ascertain that no one in this field on that stage last night is serious about becoming president. And they're not biting into the enormous lead that the former president has only built on since the first debate occurred. The first debate, they had 11 million viewers put to put that in perspective, Eric, in 2015. For the first debate, they had more than 15 million viewers in 2020. For the first debate, they had about 18 million viewers. You're talking about a diminishing return a, a much less interested Republican base watching these, and they're not they're not going anywhere. And in the meantime, it's putting even with some of our better idea people on display as amateurs, even with Doug Burgum on the stage, hard to believe. Yeah. That would be like a rematch between Evander Holyfield and Mike Tyson. You're telling me people, Lisa Hutchinson was not able to be on the stage this time, as far as we know. Yeah, I think he took a, he took a face shot in the early rounds, and he was in his dressing room. Honestly, the thing there, what I said on Twitter this morning, was that they acted like it was 1985. We are living in a time in America, where most people see, we are in freefall, hell has been unleashed. Things have gotten so bad on so many fronts that it is, if you don't believe in God, which I do, and I trust in him, but if it weren't for that, I'd be scared to death. What is happening in this country? And they acted like it's 1985. And we're gonna, we're gonna have this conversation. And I thought, this is this is bad. I mean, the way the the deep state has been weaponized to go after Donald Trump, for example, I don't care if you're running against Trump, if you like Trump, but if that doesn't strike you as, as fundamentally un -American and sick as anything, as though, you know, we were being bombed by China, it's pretty bad. They seem not to be concerned. Well, they're responding to questions that have been supposedly thoughtfully put together by the moderators that are doing the debate. And Ron DeSantis did a little bit more of this last night, all of them to have done more of this, where he actually came with a little bit of an agenda to give little speeches every time that he was given the opportunity to speak. And he got more things out on the record than what he was asked about. But that should be the strategy of every candidate going into every debate. That should be the strategy of every thinker going on every media outlet that you can. Sometimes, Eric, it's better for me to go on Fox or Newsmax or somewhere and have something that I'm more intent on saying that what they want to ask me about. And if you're, if you're running for president in times of crisis, and I don't, I don't view the period that we're in right now as a peaceful time. We're not actively at war with anybody, but we are actively at war with evil on, on almost every front. So we need, there needs to be an urgency. There needs to be a sense of, we cannot phone it in and do it like we've done it in the past, especially knowing that we are going to run up against probably illicit, illegal, cheating schemes, trying to keep the election from actually being determined by the people that have the right to determine it. And before people criticize me for that, we've replaced the population of the bottom eight states in just illegal entries into the country over the last three years. Well, let's do that in a minute, because you wrote an article at townhall .com. That is one of the stunning nightmares that they acted like not, not really a big problem. But what you just said about cheating, I think most Americans know the Democrats cheat at elections. How is that not the most important thing to discuss when you're talking about a presidential election? Are you and I imagining, are millions and millions and millions and millions of Democrats actually cheat? Now they've done it for decades, but now we know that they have turned it into a science. They are at war with we, the people, they don't actually care about winning in a fair way. They just care about winning. How is that not unbelievably important and something that has to be discussed? But the Fox hosts and the Latina from Univision, which is another bizarre thing, they seem to act like January 6 was Trump supporters being violent. They seem to act like the election was fair. Biden won. What world are they living in? All of them. I don't know what to say. And obviously, I think Vivek and Ron DeSantis, they're the only two candidates that I can take seriously. I've got problems with them a little bit. But the whole thing was like, they were all play acting like we're living in a different America than the one most of us are living in. Well, I will hold one exception out to what you just said. And I believe that Nikki Haley had a sense of urgency about her last night. And she did in the first debate as well. And I think that's why she's now out polling DeSantis in several polls, is that people are beginning to understand that as a former governor, she probably has a shot at the VP pick. I don't think the VP pick is going to come out of this group. But if Trump did want one that I'm seeing kind of be serious on the issues that are the most pressing, she's the one that kind of gets the vote in terms of... I think of her as deep state, neo -con, next. All right. That's fine. I'm just saying in terms of her performance thus far. We've got you our wonderfully. I'm so glad that we do. We'll be right back. With the overturn of Roe v. Wade, lots of companies are coming out saying they'll pay for employee abortion travel and expenses. Most of you have heard about some of these companies. You've decided to stop shopping or doing business there. But did you know that you most likely own stock in those companies through your 401ks, IRAs, and other investment accounts? Folks, this is a huge problem. And we need to do something about this to send a message to Wall Street through our investments. You need to go to inspireadvisors .com slash Eric and get a free Inspire Impact report. This biblical investment analysis will educate you on what's really in your investment accounts like companies paying for abortion travel. You need to go to inspireadvisors .com slash Eric to connect with an Inspire Advisors financial professional who can run your report and help remove companies paying for abortion travel today. Go to inspireadvisors .com slash Eric. That's inspireadvisors .com slash Eric. Advisory services are offered through Inspire Advisors LLC, a registered investment advisor with the SEC. Legacy Precious Metals has a revolutionary new online platform that allows you to invest in real gold and silver online. In a few easy steps, you can open an account online, select your metals of choice, and choose to have them stored in a vault or shipped to your door. You'll have access to a dashboard where you can track your portfolio growth in real time, anytime. You'll see transparent pricing on each coin and bar. This puts you in complete control of your money. The platform is free to sign up for. Visit legacypminvestments .com and open your account and see this new investing platform for yourself. Gold can hedge against inflation and against the volatile stock market. A true diversified portfolio isn't just more stocks and bonds, but different asset classes. This new platform allows you to make investments in gold and silver, no matter how small or large, with a few clicks. Visit legacypminvestments .com. To get started, you're going to love this free new tool that they've added. Please go check it out today. That's legacypminvestments .com.
A highlight from Torque Drift 2 - Motorsport comes to Web3
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, blockchain and cryptocurrency space. Hey team, we have a new sponsor here at the Crypto Conversation, BitGet, one of the world's leading copy trading cryptocurrency exchanges, yes indeed. What happens if you've got the funds to invest but you don't have the time to keep track of the market? You still want to make smart money moves? What do you do? Well, copy trading is a popular choice for beginner traders. You can shorten your learning curve by uncovering tips and strategies from more experienced traders. BitGet's copy trading platform has over 80 ,000 elite traders to choose from and 380 ,000 followers just like yourself who are already using the BitGet copy trading platform as a potential passive income stream. All it takes is one click, you can subscribe to an elite profitable strategist, set your limits, automate your orders and monitor their trades. I've got some links in the show notes below, one link will take you through to the BitGet sign up page, give you a VIP discount. So learn all about it for yourself thanks to BitGet. And now it is on with the show. My guests today are Aaron Potter and Billy Sullivan. Aaron is the founder and Billy is the COO at Grease Monkey Games, a team I think based in Melbourne building immersive community driven games. For fans of motorsport, crypto, NFTs, Web3, all that good stuff, I'm sure we'll learn all about it today. Welcome Billy and welcome Aaron. Thanks for the invite. Oh yeah, great to be here. So I think what we'll do guys, it's always interesting having two people on the show, so I'll just kind of try and maybe direct questions to you in turn, but we'll do what we do at the beginning of the show. Be fantastic to just learn a little bit about both of you and I guess your personal and and professional backstory the lead up to founding and getting involved with the wonderful world of gaming. So let's start with you Aaron. Sure. So how I ended up in gaming, it goes kind of pretty far back. I come from a visual effects background and I used to do commercials and movies and things like that. So back in my 20s and even before that I kind of did some graphic design and print, but then came games about 12, 14 years ago, I started making games with my brother and together with my visual effects service work, yeah, it's kind of led us into making motorsport games and I haven't looked back really. I love making games. It's very hard, extremely difficult and time consuming, but a lot of fun. Absolutely. All right. Thank you Aaron and Billy. Yeah, for me as well, it kind of goes back quite a while. I've been at Grease Monkey Games for coming up to nine years, but I've been making games since I was about like nine or 10 actually. Discovered that you could make, choose your own adventure games in PowerPoint and in primary school and making kind of these little games and getting my friends to play them and that sort of a thing. And that kind of eventuated into me discovering and programming and modeling and all that good stuff, everything that kind of comes with making games, which was really interesting to me. And so once I kind of discovered games and got into games, especially getting into working with Aaron and on motorsport games, it's been a dream come true basically. And while it is very hard, like Aaron mentioned, it's very kind of fulfilling work. So yeah, great to be here talking with it about you, Andy. All right. Well, thank you, Billy. And Aaron, let's just start with the motorsport thing then. So why motorsport? And has motorsport kind of been a theme since the beginning? It's been, you know what, it does go back pretty far. So my first games that I made, as I mentioned, my brother used to make games very early on when mobile phones had just started making games as apps and stuff, in -app purchases and things like that. So we started doing car racing games back then, and we had some pretty good success. And then I kind of broke away and started doing my own one, set up my own games company. And I'm a bit of a motor head myself. I love cars. I love everything about cars, except building them. That's living up that to my friends. But yeah, it's a very fun kind of gaming genre to be in. It is challenging because when you think of car games, you're often going up against quite big budgets and big studios. So how we kind of tackle it is we try and find our niche within that. So it is very niche motorsport games that we focus on, particularly drifting, which I think is that niche, but it is a bit of a frowned motorsport compared to the rest of the motorsports out there anyway. Yeah. I mean, drifting, I guess it has a unique subculture around the world, but you see even like some of the seen lots of YouTube videos of some of the Formula One drivers practicing their drifting skills and so on. Absolutely. It's like everyone loves it. It's kind of like they're almost ashamed to admit it. Billy and myself go out drifting and we've got drift cars ourselves and it's very addictive to be honest. It's quite intense. It's very loud. And when you're shredding tires and there's a lot of smoke and it's just a lot of fun. It's crazy amount of fun. And just while we're talking about, I guess, real world and real life drifting. Yeah, Billy, what's the secret to a good drift car, do you reckon? A good drift car? Oh, well, rear wheel drive, I think is very critical. Having a hydro, an e -brake, it helps a lot just being able to, yeah, it's essentially an extra set of calipers on the rear wheel that separates it from the brake pedal kind of helps lock the rear wheels up. But outside of that, I think just a good seat and a harness goes a long way to bring that kind of connection to the car. Because if you have a stock seatbelt, you're going to be rolling around everywhere and it's hard to understand what the car is doing. So I think there's any aspiring drifters listening then do those things first. That's kind of what we do first and put a roll cage in for safety. I really enjoy the fact that you guys, you know, motorsport game developers, but also just, yeah, and real life drifters. So I think, Billy, you said at the beginning of the show that Greasemonkey Games, you founded it something like nine years ago. So there must be, give us a little bit of a sense of that journey then. So obviously the gaming industry has changed a lot during that time, of course, you know, the idea of Web3 games on Chain Games was still, wouldn't have been an existence when you founded the company. So just love to understand a little bit about, I guess, what the original vision was and how you've not necessarily pivoted, but just evolved, yeah, with the industry over that time. Yeah, I joined the company nine years ago, but Aaron founded it back in 2013. So I'll handball to you, Aaron, and then I'll kind of chime in at the end around how the vision's evolved. Yeah, cool. Okay, so initially we were doing a lot of service work, not game related. Well, it was interactive installations. So we were making games for large car companies that were set up at like the LA Auto Show and things like that. And so in 2014, we had four installations at the LA Auto Show, and that was with Honda Mazda and Nissan.
A highlight from John Zmirak
"Welcome to the Eric Mataxas Show. We'll get you from point A to point B. But if you're looking for point C, well, buddy, you're on your own. But if you wait right here, in just about two minutes, the bus to point C will be coming right by. And now, here's your Ralph Kramden of the airwaves, Eric Mataxas. Hey, folks, welcome to the program, I like to call it. John Zmierak, you are such a special guest on this program that we were willing to just do a phone connection. Normally, we have to have our guests on video, but you're such a big shot now that you can demand phone only if you if you choose. So welcome to the show. Thank you, Eric. I'm sheltering in place in an undisclosed location. Well, the weird thing is we're both in Dallas. And I was at an event last night. Now, of course, I want to talk to you about the news of the day. But I was at an event last night where a guy claiming to be your landlord came up to me. And I just thought Dallas is such a great place where where where, you know, people like John Zmierak live, there are landlords that that that actually, you know, think the way that we do, it really was. It was a very encouraging event for me, I have to tell you, and I'm sorry you couldn't be there. But I know that you've got you've got a busy life. What I've got is dozens of an open boxes, I'm moving apartments into the house of this wonderful new landlord is really good guy and a fellow believer in America and in Christ. And but I've got two beagles who have to be taught that this new apartment is not a place to go to the bathroom because it's all new to them. And I just am moving everything I own from one place to another. And so we're not doing video because if we did video right now, you would think I was actually Hunter Biden at a Motel six hiding from my Chinese handlers. Yeah, we don't want to look like that. I do not look my best because I do not have any of my toiletries. I can't I have one toothbrush. I can't find any soap. It's not brushes. Do you need, John? I know you got the two beagles, but you really need one toothbrush. I want you to downsize. At this point in life, you should be downsizing to one toothbrush and maybe one and a half beagles at most. No, my God. I look if I my girlfriend would allow it, I would have nine beagles, but nine beagles. OK, negotiated. We negotiated. I told her I have a two beagle minimum. So I rescued two twins together and brother and sister. And they lick each other's faces and they play fight. And they still act like seeing them. They're so you could die. You could die just looking at them. All right. So what shall we talk about? There's a lot in the news. We could talk about any of it. What are you writing about, thinking about? Well, I took a few days off of the moon, so I don't have as many columns. But I did. I did have one that I I spent was actually inspired by a conversation you and I had here. And then I talked about it with the great Charlie Kirk for a full hour. And it relates to my new book, which is coming out in a few weeks. No Second Amendment, no first. The title of the piece, the stream is called Liberal Christians see us as pets who need to be declawed. And this is a theme we've talked about before.
A highlight from The GOP's Dreadful Second Debate
"Cable news, noisy, boring, out of touch. That's why Salem News Channel is different. We keep you in the know. Streaming 24 -7 for free. Home to the greatest collection of conservative voices like Dennis Prager, Jay Sekulow, Mike Gallagher, and more. Salem News Channel is unfiltered and unapologetic. Watch anytime on any screen at snc .tv and local now channel 525. Hey everybody, what a circus clown show. We recap the Republican debate and also talk about Gavin Newsom. Email us, as always, freedom at charliekirk .com. Subscribe to our podcast, open up your podcast app, type in Charlie Kirk Show, and get involved with Turning Point USA today at tpusa .com. That is tpusa .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campuses. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks.
A highlight from 1243. Should You Trust Pet DNA Tests?
"Celebrating the connection with our pets, this is Animal Radio featuring your dream team, veterinarian Dr. Debbie White and groomer, Joey Vellani. And here are your hosts, Hal Abrams and Judy Francis. Do you know what kind of pet you have? Well, certainly if it's a cat or dog, you probably know the difference. But do you know what kind of breed? Is it a mutt? What is making up the DNA of your dog or your cat? And do you care? A lot of people do. There's about 10 different tests on the market right now where you can send in saliva or cheek spittle, I guess? Yeah, cheek swab. It's actually the epithelial. So it's the cells that you're getting off the cheek, not necessarily the spit. Epithelial? Is that what you said there? I learned so much from you. And they'll tell you if it's what kind of breed it is or if it's made up of several different breeds. You did this, Judy. I think your results came back like lion and elephant. They weren't even dogs. It was so bizarre. She's full grown now. She weighs nine pounds. And it came back all these St. Bernard's, German Shepherds, Belgian Malinois. I thought, really? So that was a cheek swab. And then when I did the blood... Oh, you did a blood test too? I did a blood. It came back Jack Russell, miniature pincher and Maltese. And are you going with that? Oh, definitely. She's definitely Jack Russell. It came out 50 % Jack Russell. And that's what she is. Now, why did you want to know this information? Well, first of all, I didn't want a Jack Russell because I did my research and I know how hyper they are. And I'm not that hyper person. I want a more laid back dog. And so I did my research and got her from a rescue when she was eight weeks old. They said she was a Chihuahua, but there was no Chihuahua in this girl. And I questioned that as she got a little bit older. And I thought, okay, I got to find out. And I wanted to know what she was because people ask, people look at her, and everybody had their guesses. And it's like, I don't know. And I wanted to know what my dog was. But would it be safe to say you didn't want a Jack Russell, but you love your dog? Oh, I would not trade her for the world. I'll keep that little 50 % Jack. So the blood test really made little difference in anything, really, except telling people. Just what it was. It was kind of like bragging rights to know what my dog is and be able to say when people ask. That's basically why I did it. But then again, still, at least I know if there's anything I should look at, you know, with the breeds that she may be predisposed to down the line. You mean like a sickness or a disease? Health? Yeah. If she starts doing something or something happens and I can say, well, that's typical of this breed. So what kind of diseases and sicknesses are typical of, what did you say? Was it Jack Russell? Jack Russell, 50%. And a Min Pin? Well, we can see a lot of things with knees, so we can see patellar luxations. She's had two knee surgeries, two back legs. But that also fits with a lot of other small breeds. But, you know, there can be some host of skin diseases, allergies that we may not have like a specific test for. You know, but there are some conditions in some breeds, like say golden retrievers have a genetic linked with seizures. So if you had a yellow large breed dog and you didn't know what it was and it started developing seizures. And if I knew this dog was a golden retriever, I'd say, wow, you know, sometimes golden retrievers can be very challenging to manage with seizures. And we really have to use every means at our disposal to try to get those seizures under control. So it wouldn't change necessarily, you know, would I treat or not treat, but it might make us say, okay, our expectations are this is going to be a more challenging patient to try to manage. So that's one example. But there's a whole tons of things, you know, cataracts are inherited, heart diseases with certain breeds can be inherited, and kidney problems with cats. There's a type of polycystic kidney disease, a kidney disease in Himalayans and Persian type cats that can cause different problems. So, you know, there's all sorts of things that there are genetic tests for. It doesn't mean your dog or cat will get them. It just may mean they have some genetic tendency or genetic marker for that. So I see these online tests and but you do it in your office there? Do veterinarians offer these tests? Yeah, I mean, not everyone is going to do that. But we we do like that. And it's one is it's kind of the ooh, cool factor, you know, so you can, you know, have a party and people will ask and you can actually have some answer that sounds, you know, like you didn't just make this up. That's one important thing. But I do think it can help guide some decisions on awareness and potentially your pet's health down the road. So I wouldn't say it will make me do something different for a patient as far as putting them to sleep. But I do think it's important information to be armed with to know what you need to worry about to watch for in your pet's life. I agree. And if you can't afford it and somebody asks what kind of dog you have, say snuffle up against it really will throw the middle. It'll be different. So we're going to talk to a lady today, a doctor, Dr. Lisa Moses. She practices pain and palliative care at the Angel Animal Medical Center in Boston. And she says you may not want to bet the farm when you do one of these tests, as sometimes the information may not be accurate. And I wanted to find out about this. How important is it? Are people making decisions with bad information? So we'll have her on the show in just a few minutes to talk about that. Also today, we're going to be talking to the folks over at Smoke Alarm Monitoring. What's this guy's name? It's spelled really weird. Z -S -O -L -T. Zolt. Is that Hungarian? What is that? Sounds like it could be. He says our pets are starting fires. He sells smoke alarms for a living. And he says that our pets are actually, while they're unattended, starting fires in our house. See, I hide the matches. You do? Little delinquents. Oh my goodness. Yes. What do you expect? But first, your calls toll free from the free animal radio app for iPhone and Android. Let's go to Gary. Hey, Gary. How are you? I'm very good, sir. How are you? Very good. Where are you calling from today? You have kind of that southern twang. North Carolina. North Carolina. How is North Carolina today? It's kind of warm. It's not unbearably hot, but it's a warm day. What's going on with the animals? I have the whole team here for you. Okay. Well, I've been listening to your program lately over the last several weeks and was interested in the discussion that I've heard about yeast infections, skin conditions, and the treatments. And then also, there was also somewhat of a separate discussion about the use of human products on animals and how effective they can be, or harmful, or whatever the case may be. And I wanted to tell you about my little guy. I'll give you a little background on him, a little of the tale of the tape. He's approximately eight years old, as far as we know. He's a Yorkie mix, he's a small guy, just a shade under eight pounds, and I found him abandoned out in the country. And he was in pretty bad shape. He was missing hair and had a lot of parasites and skin infections, yeast, and all that. And we've been battling it for nearly three years now, but he's made much improvement, just great improvement. I kind of took it upon myself to use a product that's designed for human females, actually, who might have that kind of affliction, and rubbed it liberally on the elephant skin areas of my dog. And after doing that for three or four days in a row, it really seemed to help clear it up. What do you think of that, Doc? Well, we have to be precise when we talk about different products, because there's some products that actually can have harmful ingredients in them, and some won't hurt, and actually have active ingredients that might be appropriate. So I'm going to back up, because when we talk about elephant skin, and kind of that thickened skin, like for anybody who's not seen this in dogs, it typically is when their skin gets real thick, leathery, they lose the hair in the area, and it actually, from a distance, looks like elephant skin. And that's a combination of what we call hyperpigmentation, so the skin turns dark, and lichenification, which is where the skin becomes thick, and there's extra layers, if you will, that kind of are put on top of the skin. Those things happen from a couple possibilities, and we can see it with allergies, but really with things like yeast and bacterial infections. So it sounds like you're certainly barking up the right tree there, but the cautions I have with some of the female yeast products that are used for vaginal yeast infections, there are some that actually contain anesthetics. A vagus cell, for example, contains an ingredient called benzocaine. And this can be highly - Well, that's actually what I used. I used the generic, but yeah, you're on the right tree there. Okay. Yeah, so actually, benzocaine can cause toxicities in both dogs and cats. So just licking it off their skin, it can actually be toxic to the red blood cells, causes what we call hemoglobinemia. So if it contains that ingredient, I would say, put it back on the shelf and save it for your wife in the household. But there are certainly, say, athlete's foot creams that contain chlorotrimazole, which is an antifungal. In that, we've used that on surface yeast infections. But the reality is, if we've got that kind of change in the skin, most of those pets actually need kind of a two -pronged approach. So the topicals only get you so far, and they really need to be on some kind of oral or systemic therapy. So most of the pets that I have with that kind of skin can take a course of maybe three months to get them improved, controlling the itch, controlling the infection. If they've got yeast or bacteria, then we put them on either an antibiotic or an oral yeast form, like ketoconazole, per se.
Rep. Troy Nehls: Garland, Wray Will Do Everything to Cover Biden
"Willing to stop arresting political opponents and going full commie. So, until that point, we need more people willing to, cause it's radio, bust us bells if you know what I mean. We need bell busters. And you seem like one of them and I like that. So, this hearing is happening with Derek Farland the other day, otherwise known as Merrick Garland, and you were having none of this. You just sliced into this guy. This guy I think makes Eric Holder know what I mean? I'm a legitimate attorney general. This guy is the most corrupt person I in that office in my life. And I was glad you didn't get interrupted when you were calling him out. Your thoughts on the status of the Justice Department under Garland? Well, thank you. It's a great question and we I all know think the American people are figuring this out that there is that. We talk about the two -tier justice system, the justice system under Garland and even the FBI Director Wray that will do everything to provide that cover for the crime family named Biden and then what you're asking and what they've done to Donald Trump over the past several years. So no, there is a two -tier justice system. I guess I am one of those bell busters and I know that you served in NYPD for years. I'm a 30 -year lawman myself. I was a chair of a large county in Texas. So I just call it the way it is. I'm authentic and I think I think people appreciate it, but AG Garland, you know, you get five minutes and you want to seize that that moment sees that opportunity. I didn't give him a lot of time to answer the questions that I had for him because I knew I would just get nothing but delay tactics and lies. So I answered the questions to him, but he did the video, the video of Joe Biden up there talking about firing Viktor Shokin, the prosecutor, or Ukraine and get the one billion dollars to me. That is bribery. The quid
A highlight from Who Won The Second Republican Debate In California?
"This is your source for breaking news and what to make of it all. This is the Mike Gallagher Show. Donald, I know you're watching. You can't help yourself. I know you're watching, okay? And you're not here tonight because you're afraid of being on the stage and defending your record. And what you've got, honestly, every time I hear you, I feel a little bit dumber for what you say. For all the random shots at Trump, you know, they went right for the capillary, not the jugular. I think this was a good night for Donald Trump in the end. Now, from the ReliefFactor .com studios, here's Mike Gallagher. In all the years I've been doing this for a living, I recognize my limitations, okay? I don't think I'm the smartest guy in the room. I'm not the be all, know it all. I don't have the answer to everything. But finally, after some 40 plus years in this business as a broadcaster, I can come to a conclusion after suffering through last night's GOP presidential debate at the Ronald Reagan Presidential Library and Museum in Simi Valley, California. I know unequivocally who won last night's debate. And there was a winner. There was one person who was victorious. You know, they always say this about debates. Somebody's got to shine. Somebody's got to soar. Somebody's got to really knock it out of the park. Well, for the first time in my career, I can unequivocally, enthusiastically and confidently tell you that there was indeed one such candidate last night. And it was this guy.
Monitor Show 14:00 09-28-2023 14:00
"Do you need to let your field agents turn voice calls into video to get help from experts who can actually see what they're seeing? Vonage does that. With Vonage Video API, that's just the start. Get one -on -one and group video meetings on desktop, mobile, embed everything from video meetings to large -scale broadcasts on your website, and even help developers without video expertise build live video apps. With Vonage Video API, live video works harder for your business. See everything Vonage can do for you at Vonage .com. Actually, what will decide this race? Bloomberg Sound On. Politics, policy, and perspective. From D .C.'s top names. Federal spending combined with too -lax monetary policy has produced this 40 -year high on inflation. China policy is driven basically by domestic politics. American families are finding themselves further behind the aid policy. To get anything done in this Congress, it's going to have to be done in a bipartisan way. Bloomberg Sound On with Joe Matthew and Kaylee Lines on Bloomberg Radio. But anything did actually change? Welcome to Hour 2 of Sound On. On this day after the big Republican debate, candidates vying for second came out swinging in their second primary debate. We'll walk you through the moments that mattered, or we're going to talk about the issues with a man who stood on that stage last evening. Former Vice President Mike Pence will be with us soon for an important conversation with myself and Bloomberg's Anne -Marie Horden. Kaylee Lines joins with Insights. We have an important hour ahead and glad you're with us.
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.
A highlight from Monetizing Wasted Energy + Bitcoin Mining with Giga Energy - September 28th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right, all right. Good morning to all of you Cafe Bitcoiners. Good morning, Don Bay. Morning, Peter. Morning, Terrence. Welcome back, Tomer Strohle. How are you? Morning to Jacob. Hey, good morning. Took me a second to get the mic off, slow reflexes, got to exercise and back up. What did I miss? I really tried to tune out for like a solid 12 days. Absolutely nothing, Tomer. The price didn't change. And I guess no ETFs were approved and no charges were laid against anybody. And so it's just picked a good two week window to take a vacation, I suppose. Yeah, it's been much sideways crabbing. And, you know, everything that goes along with sideways crabbing. So I've been actually trying to tune out too. Like when I'm not doing the show, I try not to look at Twitter at all. So like my Twitter time is basically doing Cafe Bitcoin now. Well, and like prior to. Prior to Cafe Bitcoin, we also do show prep, which kind of gets me caught up, I hope, a little bit. Yeah, I wish there was an easier way to curate Twitter from all the truly psychotic stuff that's on it, because when I was away, I noticed myself relaxing. And then you come back to Twitter and every tweet seems to be. Some deeply concerning insinuation about something or other. So it just it's really it's really tough to take the constant barrage of the Twitter zeitgeist, which is it may be accurate in many regards, but it's also very impactful on your mental health. Yeah, your mental, spiritual health, emotional health, all that stuff. I wonder, like how much of it is actually encouraged, exacerbated, incentivized by the algorithms and social media? Like if you go and you watch certain interviews with like Ph .D. behavioral scientists who have done interviews with like one of the one I'm thinking of was. I think it was the chief engineer of Facebook who designed the algorithm and they literally said that we tune this thing to show people things that are going to make them upset. And the reason why is this has the highest level of stickiness, meaning like it gets the eyeballs looking at it, it gets people staying on, it holds people's attention. And we're living in the attention economy. Whoever is able to keep people's attention longest wins, so to speak. And it's essentially like constantly feeding people really dysfunctional stuff. It's like Jerry Springer 24 -7. Yeah, there's a couple of really good TED talks about this. And it's interesting now that AI is in the zeitgeist, everybody is focusing on AI, but AI algorithms, not ones that were writing perfectly grammatically correct English text for you or drawing images, but selecting what content to put in front of you have been around for a long time. And this is like the YouTube algorithm, the Facebook algorithm and the Twitter algorithm. And what's interesting about these TED talks that discuss this issue is they point out how you simply optimize for engagement. You tell the AI algorithm, learn what maximizes engagement and put that in front of people to continue to maximize engagement. The AI has no actual understanding of what content is in there, but what emerges is it is exactly, as you said, content that is radicalizing, emotionally aggravating, terrifying. If you're in terror, you keep coming back to the thing to see, is my terror justified? Has the next domino fallen in this disaster scenario that I'm coming? If everything's hunky dory, you don't have to go back and check. But if you're constantly in a state of fear, you are. And that's what ends up being game theoretically or algorithmically what these things put in front of people. So there's one really good scientist who says, you know, if you start to look at vegetarian dishes, it will turn you into a radical vegan by doing these things. Or if you start to look at meat dishes, it'll turn you into a radical carnivore. But it'll just continue to radicalize the content by finding something that's more extreme until it gets to the most extreme thing that it can to keep you on there. And I think that, and again, the AI algorithm isn't conscious. It doesn't know what's going on. It just knows what works and what works happens to be the stuff that is filling and fueling you with terror. And I don't think that there's a solution for that right now. The best solution is some solution that where your attention isn't the business model of the of the entity you're interacting with because you're dealing with something that has artificial and no sense of morality and no sense of understanding even what it means to suffer as a human being to be a human being. So it just does its thing. It's just a machine that does its thing. And the second that you engage with it, you're participating in something that doesn't understand anything about you other than it understands its world, that it's trying to maximize its engagement with these entities on the other end of it. Yeah, and I think we need to ask the question, like, what are the second and third order effects on human culture from this? Like, if you think about it, people are constantly staring at their phones like they're just sucked into them and they're being essentially programmed all day every day. The question is, with what? And, you know, you're starting to see this shift in the in the culture. Like I call, you know, I've talked about this kind of stuff a lot, probably to the point where many people are tired of me talking about it maybe. But like cluster B personality disorder type stuff is it's becoming super common. The behaviors are starting to become super common. Like you at least that's what you see all the time on social media. Like how many people are actually out there that are like this? I don't know what the percentage of the population is, but it seems like that's all you see on social media anymore is these cluster B disordered behaviors. And it's it's really mind blowing. And I wonder, can you take a normal person and expose them to those behaviors? Because that's what's getting the engagement. That's what they're being fed. That's what they're being programmed with. You take a normal person, expose them to those behaviors continuously over and over and over again. Will it turn somebody into somebody who behaves like that? I don't know, man. It's pretty freaky thing to me. And it concerns me a lot because you're starting to see the rise of this.
A highlight from MARKETS DAILY: Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 28th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Noun newsletter on Substack. On today's show, we're talking about Ether ETFs, SEC confusion, and more. So you don't miss an episode. Be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Well, Bitcoin has been busy over the past 24 hours. After that nice run -up yesterday that I thought was a sign of strong investor support, the Bitcoin price rapidly fell back down again. It has been climbing since, however. At 10 a .m. Eastern time, it was more or less flat, trading at $26 ,532. Depending on what happens over the next couple of days, Bitcoin could break the trend of negative performance in September. The ninth month is typically a weak one for crypto's leading asset, delivering negative returns over the past six Septembers. Bitcoin's average performance for the month is almost negative 5%. As of this morning, however, the asset price is up more than 2 % month to date. That kind of a break in the trend would be welcome news. In Ether, interesting things are happening. Like Bitcoin, it climbed yesterday and then fell back, only to start climbing again, but with a more consistent slope, suggesting a steadier over the past 24 hours. Relative to Bitcoin, Ether has notably outperformed over the past week, climbing two tenths of a percent versus Bitcoin's drop of 2 .3%. This could be due to the likely listing next week of the first Ether futures ETFs, which could boost demand and market volume. I'll talk more about this in a moment. In traditional markets, US stocks closed more less flat yesterday, rising in the second half to recover early losses. Over the past 10 days, the S &P 500 is down more than 4 .3%, the steepest 10 -day drop since March. You may remember that March was banking stress month. Investors are rattled by the surge in 10 -year Treasury yields, which yesterday rose above 4 .6 % for the first time since October 2007. The rising rates are investors for three main reasons. One, there's the patterns last seen just before the great financial crisis of 2007 -2008. Two, there's also the impact on company earnings. An article in the Financial Times this morning pointed out that interest expenses for the S &P 600 small cap index hit a record high in the latest batch of second quarter earnings. And 30 % of companies in the S &P 500 are now trading at a higher rate. Reason three, there's the message the market is sending. This is that it expects rates to remain higher for longer. This is likely to keep the dollar strong and inflict more pain on global markets. In Europe, stock indices have been taking a breather from their recent drops, with most showing moderate gains so far today. Over the past month, however, the Euro Stoxx 50, which tracks Eurozone blue chips, is down over 4 .3%. An index of Eurozone economic sentiment released this morning showed a fifth consecutive monthly drop in September. Inflation expectations rose. In commodities, oil prices continued their climb in the face of fears of supply shortages. The Brent crude benchmark rose above $96 per barrel for the first time this year this morning and is now almost 6 .5 % above its level a year ago. However, the market is signalling that this could abate soon. The prices of futures contracts six months out is lower. This suggests a scramble for spot delivery. In other words, oil now and not later. This has been most likely triggered by reports of reserve drawdowns in the US and the need in many areas to build up stocks as winter approaches. Moving over to gold, after a brief attempt at a recovery earlier today, gold slumped back to its support at $1 ,874 per ounce. Like Bitcoin, gold is holding up surprisingly well given the strength of the dollar and of real yields, which are yields adjusted for inflation. Gold normally moves inversely to real yields. When these are high, gold is less attractive as it doesn't produce an income. As measured by the 10 -year Treasury inflation -protected securities, real yields are at their highest since 2009. The last time they were at these levels, gold was roughly half the price it is today. One key macro data point to watch out for is the US Personal Consumption Expenditures Index, or the PCE. This is the Federal Reserve's preferred inflation gauge as it measures goods and services bought by all US households and non -profits, while the CPI only measures purchases by urban households. Tomorrow morning Eastern Time, we get the latest data for August expected to show an uptick. This will largely be due to higher energy prices. Stripping out higher energy and food prices gives us the core PCE index growth, which is what the Fed focuses on. This is forecast to show a continued downtrend. Remember, though, that August's core CPI grew by slightly more month -on -month than expected, so there may be a negative surprise tomorrow as well. This will be relevant for interest rate expectations. Stubborn inflation means that rates will remain, and you've heard this before, higher for longer. Stay tuned, after the break we'll take a look at more SEC frustration and at the likely listing of Ether futures ETFs.
A highlight from Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 28th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Noun newsletter on Substack. On today's show, we're talking about Ether ETFs, SEC confusion, and more. So you don't miss an episode. Be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Well, Bitcoin has been busy over the past 24 hours. After that nice run -up yesterday that I thought was a sign of strong investor support, the Bitcoin price rapidly fell back down again. It has been climbing since, however. At 10 a .m. Eastern time, it was more or less flat, trading at $26 ,532. Depending on what happens over the next couple of days, Bitcoin could break the trend of negative performance in September. The ninth month is typically a weak one for crypto's leading asset, delivering negative returns over the past six Septembers. Bitcoin's average performance for the month is almost negative 5%. As of this morning, however, the asset price is up more than 2 % month to date. That kind of a break in the trend would be welcome news. In Ether, interesting things are happening. Like Bitcoin, it climbed yesterday and then fell back, only to start climbing again, but with a more consistent slope, suggesting a steadier over the past 24 hours. Relative to Bitcoin, Ether has notably outperformed over the past week, climbing two tenths of a percent versus Bitcoin's drop of 2 .3%. This could be due to the likely listing next week of the first Ether futures ETFs, which could boost demand and market volume. I'll talk more about this in a moment. In traditional markets, US stocks closed more less flat yesterday, rising in the second half to recover early losses. Over the past 10 days, the S &P 500 is down more than 4 .3%, the steepest 10 -day drop since March. You may remember that March was banking stress month.
A highlight from The Biggest Bitcoin Selling Event Of 2023! (BEWARE)
"But a few urgent pressing situations that we have to deal with quite urgently. I think the first situation that we have to deal with is, hold on a second, James, it won't let me share screen so you could share the screen. So the first situation that we have to deal with is we have to deal with the looming US government shutdown because now the odds of a government shutdown are 90 % and if we do get a government shutdown, Goldman Sachs actually says that this shutdown could last as long as two to three weeks. I think we actually for now need to start preparing for this US government shutdown. The next thing that we have to start preparing for is a massive seller in the market. So this is not a joke. We do have a seller in the market. This seller owns 10 % of all the Bitcoin in circulation and 1 .8 million Bitcoin and they are going to start selling. In fact, what you can see from this chart over here is that they have already started selling a whole lot of their Bitcoin. So we're going to be talking about the seller when they're going to hit the market and why that's going to impact the Bitcoin price and how much that's going to impact the Bitcoin price. Then what we need to talk about is we need to talk about this little price move that we had yesterday in Bitcoin and what it actually means because we seem to be in a position where every time that we get a pump, we get the pump, but then the pump dies and that's exactly what happened yesterday. So we could understand what actually happened yesterday. What took us to 26 ,800 and brought us back down and is this thing going to continue to bring us down every single time we have a pump. Then I want to go through a knock -by -knock account of how Gary Gensler was taken down in Congress yesterday. Regarding your interactions with FTX and Sandbank and Freed, that's the investigation we started last Congress. Finally, your lack of responsiveness to this committee's legitimate oversight continues to be unacceptable. And I want to finish here. In February, the committee made multiple requests for documents to the Securities Exchange Commission. This is normal congressional oversight. Yet seven months later, the committee has not received a single non -public document that was not part of a FOIA production. As I said, our patience is wearing thin. The SEC is not above the law, nor is it unique. Other financial regulators have routinely complied with congressional oversight. So let me be clear. I do not want to be the first chairman of this committee to issue a subpoena to the Securities Exchange Commission. And you should not want to be the first SEC chair to receive a congressional subpoena. Either we find a path forward where the SEC recognizes Congress as a co -equal branch of government and is responsive to our oversight duties, or my option is to issue a subpoena. All right, so we're going to go for a blow -by -blow account of exactly what happened yesterday. Gary Gensler was absolutely, absolutely, absolutely destroyed in Congress. And then, and then, and then, I've got a massive, massive story for you, but I'm going to keep that story until the very end of the show. So let's go, guys. Big show. All right, we are back and we've got a massive, massive, massive show for you guys today. And I think the best part of the show today is going to be the show, the part where we discuss how Gary Gensler was annihilated yesterday in Congress, because this guy yesterday was absolutely, absolutely, absolutely annihilated. It's actually not, that's actually not Gary Gensler, believe it or not. So this is actually a true story. Gary Gensler has an identical twin brother. His name is Robert Gensler. I thought that this was an absolute joke, but I actually looked it up and it's true. Gary Gensler does have an identical twin brother. His name is Robert Gensler. No, no jokes. Anyway, Gary was the one that was destroyed yesterday in Congress. It wasn't, it wasn't, it wasn't Robert. It was actually Gary. But crazy, crazy, crazy, crazy that we actually see these things. All right, listen, welcome back, guys. Huge show today. I want to just thank you all. I see we're very, very, very, very, very close to 650 ,000 subscribers. We are 9, 10 subscribers away from 650 ,000 subscribers. When we get to 650 ,000 subscribers, our next move is to catch up to George from Crypto's Ice, because he's like our next target. We've got him in our sights. He was 100 ,000 subscribers ahead of us before the beginning, in the beginning of the year. What is your now? 17 ,000? 17 ,000 in the banter fam, the banter fam are definitely going. We're going to go after him now. He's our next target. We're going to try and catch up to him. All right, let's go. We've got a big show today. If you haven't subscribed, subscribe to channel, like this content. If we get to what is the number of likes we had yesterday? 1 ,500. If you get to 1 ,600 likes, I'm going to show you the biggest Bitcoin seller in the market. I'm going to show you why this seller is actually going to be selling. I'm going to, we're going to decide together whether or not we should be panicking about this seller selling. And it's a serious seller. The seller has 18, 1 .8 million Bitcoin, which is 10 % of the circulating supply on Bitcoin and they are going to be selling. So yeah, if we get to 1 ,500 likes and we beat yesterday, then we're going to get into that story. In the interim though, let's look at the bubbles. Let's see what's happening on the bubbles. So I see Rune is up. Let's just see how Rune is doing. Rune up at 187. I'm actually, I actually have got quite a big Rune position. I see Rollbit at 12 cents. You would be 20 % up if you actually took our trade. You got Ape moving. Remember that you got the whole banter newsroom here on the side. So everything that we, all the places where we get our news from are actually available to you right here. And if you want to follow any of our researchers, there's 44 of them. You can just click and you can just follow them directly from the newsroom. We're also improving banter bubbles. I reckon in about a month, it's going to be the fastest bubble app in the whole market. I'm also watching the Dixie and I think the reason why we should be watching the Dixie today is because we had the GDP numbers. The numbers GDP came in at 2 .1%. They expected was 2 .1%. So nothing, no surprises when it comes to GDP. And I think that when we talk about, when we talk about GDP, we need to talk about it in context of the looming government shutdown because we've got this, this looming government shutdown. It's a real thing now, you know, we were first saying that the shutdown wouldn't happen. But now Goldman Sachs is saying, look, if the White House don't resolve their differences by the end of tomorrow, that would make it the end of Friday. And by Sunday, they would have a government shutdown. Now, that would be, I think, the fourth government shutdown in the last decade. And it would be, it would have a whole lot of effects. I think what we need to do today is actually just look at the effects of a government shutdown. And, you know, do we need to prepare for it? Like, do we need to start stocking up on toilet paper, like we did in COVID? Do we need to start stocking up on food, on rice and oil? We need to, we need to make sure that we understand exactly what's happening. But before we get there, I want to talk about yesterday's little Bitcoin pump. So we had the pump yesterday and then we had a little bit of a dump and it keeps happening every single time. We keep losing momentum. Now, I think the pump is probably expected and I do think we're going to start getting a whole lot more pumps. And I'll tell you why I think we're going to start getting a whole lot more pumps because there is more money coming into the Chinese economy. So remember that China's in big trouble now and the way they're going to get themselves out of trouble is they're going to start stimulating the economy and getting more money into the economy. Well, you can see that liquidity in China is starting to go up because of all these things that China is doing. So I am expecting the price of Bitcoin to start moving upwards because of this liquidity.
"early two" Discussed on WTOP
"Of the early two oh two as we see mike is the latest two g o p presidential contenders quick look at the top stories we're working on at wtop we've got some more details about what led to today's hours -long lockdown at buoy high school and a student being taken into custody all that haze out here has the national weather service issuing a code red red air quality alert what did that mean for you stay close to find out and what we can do little things that we can do to protect the environment keep it here for full details on these stories in minutes ahead traffic and weather on the 8th and when it breaks on wtop Steve Drezner in the traffic center in the district on the 395 freeway northbound right on the case bridge earlier vehicle fire put out a while ago I'm still being cleared out it's two to the right getting you by with the signboard on occasion traffic moving slightly better as we're seeing through our traffic camera in Maryland we cleared up the crash southbound over on the BWD Parkway after 4 -10. Travel lanes are open with no delays. staying in Maryland Montgomery County on the inner loop of the Capitol Beltway after Connecticut Avenue they're dropping the barrels for the eventual work zone that's being set up and we are seeing delays now back beyond Connecticut Avenue on the inner loop the other work zone that's being set up is right near New Hampshire Avenue on the inner loop also slowing things down just a bit we're gonna have a couple lanes closed off as well into Prince George's County on the outer loop side approaching the area of the VW Parkway and they haven't started yet but be prepared we're gonna have some road work again on both sides of the Capitol Beltway over in Virginia we did clear up the crash activity outer loop local lanes after route one in Alexandria everything has been moved to the right shoulder traffic moving a lot better as you head over the Woodrow Wilson bridge into Prince George's County Silver Diner is ready to play bowling after 33 years Silver Diner is now in DC right across from Nats Park and they bring their healthy and classic menu options to the Navy Yard neighborhood eat well and do well Steve TOP traffic out to seven news first alert chief meteorologist Veronica Johnson has been 20 years since we've seen air quality so bad but again we're dealing with it here this evening and for the next two days through Friday
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Review this podcast on your way out and enjoy the games tonight. I used to stress about saving for my kids college tuition, but you nest makes it so easy, I have one less thing to worry about. The you nest app makes saving for your child's future easy by putting smart investing tools right in the palm of your hand. For a limited time, download the U nest app and use the code I heart 50 at sign up to receive a $50 bonus when you fund your account. That's code I hard 50 when you sign up at you and EST dot CO. For a $50 bonus. See terms
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"I mean, just roster wise, I wouldn't necessarily say that that makes them significantly better, even though I guess that is in some ways the measure of how you do that. I don't think we would say that the heat were massively better than the bucks. Wow. I wouldn't say that. Maybe Ron would, but I think you can have a series where something happens the way it happens. And I don't know what to make of that. It's matched up. It's injury sometimes. I'm curious. I will say that they could look significantly better. Maybe they are significantly better if the Lakers don't have a clear cut way to guard staff. And I think I imagine that that's going to be what a lot of people's eyes are on is what do the Lakers do lineup wise. They have a lot of size. They're very, very good on the glass. But the maybe the best person that they've got two guards step curry is not someone that's in their starting lineup, but certainly not Deangelo Russell. And so how do you make use of this? No. And this series. What do you do with that? Do you alter your lineup? Do you even alter your starting lineup to try to account for that? So I think that's a big question. I also think that if the warriors for whatever reason are not shooting particularly well and try to go to the basket and try to get things at the basket, what does that look like? Because Anthony Davis is a beast. And I think that the Lakers have ways of defending the rim in a way that would make the warriors a lot more comfortable. I can't think of too many teams that are going to have a bigger transition in one series to the next than the warriors are going to have from going to the kings to the Lakers. They both play fast, but even with that, it's just a much different sort of pace that the kings throw at you.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Denver is a bunch of players on this team whose job is defense first. Do look at the lineup they close with last night. They brought in KCP to help with their wing defense. Bruce Brown, Aaron Gordon. It's not that these guys are bad offensive players, but their job is to play defense first, be tough on the wing. Phoenix closes with one guy a night whose job is to play defense first. Point about our conversation, like Durant, Booker, Chris Paul, Deandre ayton, at times are all capable of playing good individual defense, good team defense. But they all have their responsibilities are all, their priorities are all in the offensive end. And I think that's a problem for them because when Durant and Booker are playing mid 40s, minutes wise, you know, I just don't think that they can play the kind of defense necessarily necessary against Denver when they're being asked to do as much as they are offensively. Yeah, first of all, do you remember when Terrence Ross was a sought after commodity at the biomarker? Like Dallas and Phoenix were wrestling over him at the buyout market. It just goes to show that we should not ever, ever put stock in players acquired via the bio. Who barely played in that? Same thing. I would say the guy who no one expected to do well is the one playing the best and that's Kevin Love. I don't think I need to. Cleveland sitting home. Tweeting at me. Kevin Love had to go. Kevin Love had to go, he wasn't happy there. Okay. Well, it's happy getting paid. That's for sure. You know, Bruce Brown, you mentioned. And what I did my kind of scout stakes for this series. The guy that I talked to mentioned Bruce Brown as a potential difference maker. If Bruce Brown could make shots, he was so good defensively that he'd be a major plus for them.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Where the Mexican and Puerto Rican communities have transformed the city into Chicago landia, Chicago has a second largest Mexican population of any U.S. city in a very, very large Puerto Rican community. Latinos have been here longer than Wrigley Field and they brought their amazing culture with them. Like I was amo does America. All new episode, Sunday, may 7th at 10 p.m. eastern on MSNBC and streaming on peacock. All right, let's talk about the nuggets and the sun's Denver up to zip in this series after taking the first two at home. Just a disaster for Phoenix. And the icing on the cake is that Chris Paul has some kind of quad groin adductor injury in that area. The kind of injuries that don't generally heal in a couple of days. And Chris Paul is unfortunately known for these types of injuries. It's been a few years since we've heard Chris Paul's name associated with kind of one of these tissue ligament, whatever kind of injuries, but here we are again with Chris Paul potentially having to miss time in this series row. And he wrote about this over at SI dot com. The sons were in a lot of trouble for a lot of reasons.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Under 12 game when that happened. It was like I've never seen an NBA player just so thoroughly passed the ball to the other team before. And also, what was the play call when the Celtics were down too? And it's Marcus smart attacking James Harden, and he doesn't even get a shot up. Was that the actual, I was looking through all the postgame quotes that the reporter suited out. I was assuming Joe Missoula was going to say something like that wasn't the call. Marcus saw a matchup he liked. But I didn't see anything like that. It was inbounded to Marcus. There was only 8 seconds left. It was inbounded to him. Why? Why? I think Marcus. I guess. I don't know what that was. But he got to the rim. It was just a bad pass. Like he tried to hand it off to Tatum in front of two bodies and it was just a bad pass. If he had taken the shot, I probably would have been okay with it, because it would have been a point blank shot. And I think he was going up against Maxie who at that point in 5 years. But yeah, either way. I didn't mind that. You know, I think it's going to be interesting. I'm going to predict today that PJ Tucker gets upgraded to a flagrant foul because of that groin shot. Really? I watched that like ten times. Wow. Somebody tell me what PJ Tucker was doing. Like, unless he was trying to make contact with Jayson Tatum. I thought somebody would tell me what he was doing. I thought he was frustrated. He was teammate. But he swung that hand. He swung, but he would have had to have had eyes in the back of his head to do it. I felt like I looked at it like a shot. They were split on the broadcast. They were slid on the broadcast.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Like to see zero minutes from Sam Hauser for the rest of the series since they keep hunting him on every possession that he's out there. There's a lot of cleaning up to do before game two, which I'm going to assume Joel embiid is not going to play in because why not try to get him a little bit more rest before game three, knowing you already taken home court advantage back, but it's abundantly clear now, even without embiid, the sixers team can win. Yeah, I mean, we've had conversations and I feel like it's been an interesting playoffs from the standpoint of which team do you trust. The Lakers at times were struggling at the very end of this regular season with the jazz that didn't even weren't even rolling out all their players and obviously the warriors couldn't win a road game. Denver struggled toward the end of the year. And I think fundamentally it may end up shifting the way that the MVP vote looks later tonight in different stuff like that. Boston, their struggle so much during the season, they just were not good when other teams best players were out a lot of the time. And I think someone tweeted yesterday, I'm looking at it now. Lost to Cleveland without Darius Garland. Lost to the warriors pretty badly without Wiggins. Murray missing from Denver, the 30 some point lost they had to Oklahoma City without Shay. Miami without butler Phoenix without book or New York without Brunson and on and on and on, the game that they lost in this last series against Atlanta without dejante Murray, Washington without Beal. It just starts to kind of paint a picture a little bit of the idea of like this team doesn't seem to lock in and take their opponent seriously when they're not at full strength. And look, all credits to James Harden. He looked fantastic last night.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
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"early two" Discussed on The Crossover NBA Show with Chris Mannix
"I don't see a team, I know you mentioned Denver specifically. That team is such good chemistry. I just can't see a contender taking a chance at someone like him coming up and either blowing up the locker room or hurting them in a big moment. I can't see a big team. I know the Internet joke is like, oh, Dylan Brooks, welcome to Charlotte. I don't know that he's going to go, but I could see him going or like a lesser playoff team, but I can't see him siding with a legit contender. I could not imagine what anyone would take that chance. So I just can't. I can see him signing with a contender. 'cause I just think we're too close to the end of that Lakers series. I mean, they just lost to maybe the best 7 seat of all time. And throughout the regular season, Dylan Brooks has been a highly effective defensive player. The swagger, the moxie that Memphis plays with, what they take so much pride in, Dylan Brooks was a big part of that. He was a big part of the culture for better or for worse. And a lot of times it was better. Before things kind of went downhill with John morant, we were kind of praising the grizzlies for some of the swagger that they had. This is a league, guys that is built around three wing players, high scoring wing players. Whether it's what you're talking about Philadelphia in Boston to second, hardened maxi, Tatum Brown. Like there's so many wing guys. If you can get an all defensive team level wing at a reasonable contract, you're gonna do it. You're just gonna do it like Ron, you're down there in Miami. I think the heat would care about Dylan Brooks is mouth. I think that the more if he was more talented, I definitely think see it as a heat move. They extract talent out of players like nobody I've ever seen. I think they'd find a place for him. The shooting is obviously a problem. They like shooters down there in Miami, but you think about the reclamation projects they've had over the years. And what they've done with them. I mean, they turned us on Whiteside into a max player. It gave me, come on. They could find a way to resuscitate Dylan Brooks. That actually I think is a team to watch for Dylan Brooks if the money comes down significantly for him. This off season. All right, I'm interested in the contract though real quick. Ballpark a number. What do you think it's gonna be? I don't know, I think that 12 million exception is might be his range right now. But look, there could be a team that says, we'll give you 15, 16 per year, but I don't think so. I think the new economics of the NBA because of the collective bargaining agreement are going to change things a lot, starting this summer. I used to stress about saving and investing for my kids
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"So I do think it's definitely there's a knee jerk aspect to it. I guess you could say, but even if you ignore the off the court stuff, I think they're reacting to the right things. Like he was not good for them in the playoffs and even defensively the job he was asked to do. It's not like he granted this is an entirely different conversation LeBron has not been playing like full on LeBron playoff mode just yet. But it's not like Dylan Brooks was coming up with huge stops and key moments when they needed to. Time and time again, he also wasn't really playing his best defense either. So I think it's reactionary. I definitely think they're probably caught up in how embarrassing and upsetting the end of their season was, but I think this he hurt them enough on the court to justify this decision. Yeah, herring, I disagree. I don't think he hurt them enough for them to just say we're done with you, especially when there isn't an obvious replacement on the roster. I'm sorry, David roddy is fine. Young player, but he ain't the defensive player Dylan Brooks is. Ziya Williamson might be the guy that steps into that role, but right now he didn't show enough to even get off the bench in that Lake or series. So. This feels a little bit too reactionary. Like maybe you come to this decision in early June. After you have a little bit of time to let things settle down a little bit. Robert Dylan Brooks, he shot 23% from three in that series against the Lakers. That was awful. His shooting was part of the reason that they lost. But he was like 33% from three during the regular season, which, while still not a good number, like he's better than like Russell Westbrook and better than Giannis even, like better than a lot of guys in this league. And at 27, I think you opened the door for the possibility that he could get better from three point range. So I don't know. Look, they said Zach Klein said they're going to be aggressive in the off season. They've got 5 first round picks. They could potentially deal. They've got a few really interesting pieces on the roster, young player wise that could be compelling to teams that are looking to deal three and D wings, but without an obvious replacement to just say to Dylan Brooks were done with you. Look, if they don't get that replacement, it's a step back. They're going to take a step back as a team. If they don't get somebody as good or better as Dylan Brooks defensively. They might, I mean, it's a good likelihood that they will. I mean, there were so many times during the season that I wanted them to just be able to fertilize her on Zaire Williams just because I think that I want to say two or three years ago, I wrote about the 5 or 6 guys that were most critical going into whatever season that was and I think I had said that Brooks was one of those guys just because he was so inconsistent but also he was starting to kind of become more of a pain in the butt to other teams and you wondered about the guy's focus and different things like that. He's always been someone that is capable of getting in foul trouble. He's always been a little bit here and there with regards to his shooting, but you look at the trend of a shooting and I think that's kind of the concern from a contract standpoint. He was just a hair under 36% as a rookie here under 38% his second year and then it was 36%, 34%, 31% this year 32%. Almost 33%. So the trend wasn't good.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"He's a decent player. And if you can reign him in or if you get the right people, players around him in that organization, maybe he doesn't look as ridiculous as he did this year. But it's not, I don't think it's common for guys of that caliber to hear it that way. And the part that's really not common is for it to leak. When would they have had their exit interviews yesterday the day before? Last couple of days, yeah. That's really not common. You don't hear it leak. I mean, normally guys are at a much lower level when they're just told we're not going to bring you back. If you need any references or anything like that around the league, we've got you, but we're not going to bring you back. This is unusual. And I'll say it's a little funny, not funny. It's not a funny situation, but it's a little interesting to read language that strong and to see a report about it. This quickly after the fact, when this is a team that needs, I think, a complete overhaul from a cultural standpoint of the sorts of people they have in the locker room, everything like that. I don't think this was really a knock on his talent, but the truth is, John morant created a lot more conversation around this team's culture than Dylan Brooks did, and there's not going to be a conversation had about whether the grizzlies are going to bring him back or anything like that. Because he has so much talent. So they need to ask some hard questions. I mean, it'll be really easy to write this off as a Dylan Brooks staying in. If we just remake that position and remake, whether he's in the locker room or not, we're good. That might not be the reality. I think that they can and should move on from dyn Brooks. We talked about this.
"early two" Discussed on The Crossover NBA Show with Chris Mannix
"Where the Mexican and Puerto Rican communities have transformed the city into Chicago landia, Chicago has a second largest Mexican population of any U.S. city in a very, very large Puerto Rican community. Latinos have been here longer than Wrigley Field and they brought their amazing culture with them. Does America all new episode Sunday May 7th at 10 p.m. eastern on MSNBC and streaming on peacock. It's the crossover Sports Illustrated NBA show breaking down the latest news rumors and everything in between. Here's your host. Chris made Roja be in Chris Eric. And we are back crossover NBA podcast, Chris mannix, the author of the book, you're now hearing about, again, blood in the garden. Chris herring, who in addition to covering the
"early two" Discussed on WHAS 840 AM
"Moving them out of Border Patrol has to do factor. Let's talk about the border Patrol. For a moment. They've been dealing with this surge for a couple of months Now, are they able to handle it? Do they have the staff and the resources they need, or are they completely overwhelmed? You know, they they do say they're overwhelmed. I think they you know that is it's not an unexpected thing to hear from the board of Pickle that they're overwhelmed or any government agency. To be honest with you, right. It's kind of you have to take it with. You know, Of course, that is the answer that they are overwhelmed. I mean, the facts are that the last time we had this many crossings, which was, you know the early two thousands through about 2000 and six Uh, we had probably about half the number of Border patrol agents we do now, However, at that time, you know everyone crossing the border by and large with Mexican And they were doing something called voluntary returns, and so they were able to sort of pretty quickly turn around those Mexicans. You know, I asked again, Border Patrol deputy See forties about this today and he said You know that process to take 5 to 10 Minutes of processing Now, the populations they're getting families, kids that Yeah, you know, an hour to an hour and a half each of the border Patrol agents time, So it is a bit of a different animal. All right, Michelle Hackman, Wall Street Journal Immigration Policy and Department of Homeland Security Reporter. You can read her work at wsj dot com. Michelle Thanks so much for that Comprehensive update on what's happening at the Southern border. We appreciate it. Of course, Thank you. All right, coming up. Next, we're going to switch gears and talk a little entertainment and pop culture because there is a TV show that's about to drop and it is going to have people talking. It's part of the American Crime story series, and this one focuses on Bill Clinton. Monica Lewinsky and impeachment So we'll dive into that end. We'll get you caught up on all the scandals tied to the show Jeopardy and trying to find a replacement for Alex Trebek. That's next to keep it here. Summer's here and we're all venturing out more enjoying the outdoors, long.
"early two" Discussed on Chase the Vision with Isaac Mashman
"How it how it sort of helped define what i thought. My political philosophy was basically and and other things that are a little more sophisticated than that have continued to evolve. Might think thinking but those influences were also made an impression on those artists early on in their careers and so it all comes full circle. But i i don't want to. I wasn't music journalist for a long time. I was the last editor in chief of notable. Indie music magazine called sam j news monthly and was known a lot for its sanjay music marathon that took over the city every october and And then i was managing bands. Some cool semi notable indie bands around the turn of the two thousand ten's and then and then i don't know and then i was working at spin magazine forbid and i just realized i was kind of burned out on music stuff and wanted to go back to being japanese trades because i love writing about politics love reading about sports. Love writing about weird right and trends. In general in the culture in television i latched on big time to the explosion. Talking about being nimble around the early two thousand ten is when all of a sudden prestige. Tv was the thing sites like the club were doing episodic recaps of shows and i got in on the ground floor and started writing for them and vulture and all these places about tv. So i was went through early stages. I was kind of a news journalist and career that i was a music journalist. That was tv journalist. Now i'm a business journalist and an in-between the at i built a big body of work covering professional wrestling which has always been a passion of mine. So let's let's go to talk about professional wrestling does it. He said something. I've never been able to get into and i don't know if i've just never given it a chance but I'm more of like. I would rather watch hinson wrestling and i. I don't know if that's a good thing to say and you're probably like man. Okay i'm i'm this is the point in the interview where i'm going to hang up and walk away but what about it you know. What about wrestling really intrigues or interests. You a that is an excellent question. When i should be able to answer. It's difficult because every wrestling pander head before they answer that question. Here's that little voice. Glenn wrestle excess there but it's fake guys and fake often during fake things. I just for me. I've been obsessed with it. Since i was a kid and i wrote about it at every opportunity i could early on in my career going into. Vfw locker rooms for look at new york. City indy promotions. And that kind of thing. And then as i amend later on i eventually figured out a way to kind of write about it at a larger scale from large publications because the relationships i had their dragged in dragged those missions kicking and screaming into covering wrestling wrestling is. There's nothing quite like it. It is entertainment. It is athleticism..
"early two" Discussed on The Dr. Susan Block Show
"Do you really want to ask that. Well you know. I'm a big believer in wearing masks. So like protecting yourself. But i know there are a lot of people that don't believe in and for this moment i would like to know your opinion that i would like to do whatever i want. My honest opinion is this is. It's two-fold there's my opinion that's very political when it's the pornographer in me back and says like this real club. I take my help seriously. Why am i being made responsible for your health. I'm only responsible for myself. If you wanna wear masks you go right ahead. And you wear masks of i on the other hand i'm healthy. I don't think anybody's speech wallace four. Something on they say okay so that works if you're only hanging out with people like that but what about when you go into a store. Oh god if you're scared about getting sick stay home. The is that the healthy. What if the run. The store don't wanna have their employees sick or data. Wanna get sick. would you say that. That's not fair well. I'm actually a really twisted capitalist. At the end of the bill can look at it and say. I'm the guy with the money. So that ashes frozen so this shows call and talk to rich baby so you know you can open yourself up. I love you hamilton. I love a lot of people that i disagree with. And you know when you were visiting. It was like the early two thousands. I don't even know if did talk about policy can. Can i say something going on your show. You're on that side. I'm like i said on your show person had screwing communist. I'm a communist. This whole idea where everybody does. Their own thing is killing people. Every day with guns and with awfulness and calling each other names and i don't want to be a part of that. Don't want to be a part of that either. I don't wanna be a part of that right. Guys get along when the women's i definitely don't want to be a part of that. Well then we're creating a new society comrade. It's called fuck to rich get art tax..
"early two" Discussed on AXE TO GRIND PODCAST
"I know there was a time where like having the uniform almost like you had to right. So i think that's changing. I think that's changing for the better. Beautiful hey bob i did want to mention just kind of follow up. I kind of went off topic. But of course we're saying about shows being weird during our time is very true. And i'm sure we'll get into that more but like that whole generation of i think when we got into it it was still like real hardcore type people even though people started mix styles but then like what we ended up in which was like this like laminates to vfw hall type of this weird in awkward quarantine haircut that now but like haircut that everyone had you know that that wasn't around when we started that that happened. I feel like you know in the in the host victory early two thousand twelve which we got caught up in but we definitely like suspect of that and not and not trying to be that even though that was happening to people around us this this is going to be a weird place to start with this question. But i started interacting with you when you started your ban grace. We'll talk about later on what happened with on the prince's towards the end like how did it come apart because it felt like it came apart at the seams and then i'd like to work backwards. Yeah that's a really great place to start. Because it's very interesting and pray dramatic to be honest i don't there was a crossover where you bobber our anr guy you had inherited us from larry ransom no. That's somebody else but I i was after that there was jeans. Maybe they remember james. Yes so this long story short. I felt really bad because by the time we ended up on revelation there was so much inner turmoil and drama and nonsense. That was so unprofessional. That was happening at the time. And put it this way like I came from a pretty well off back. I wasn't or struggling by my bandmates. Definitely were coming from like a working class background. Nobody was rich or anything like that. I'm not saying i was just to you. an idea. And jason are singer..
"early two" Discussed on Lost in Translationmon - A Digimon Podcast
"What is the parents not not yet. As as i as. I say every episode almost touchy mother is still living as a single person has a new idea that anyone's even gone yet i think and it's a couple of days. Yep she's like it's fine. Art this weird extra rooms in my house that's about. I have a lot of space. He almost decorating with beef. Jerky shakes dub reference. I still still love the dove. It's so it's so like yes. It's cringely yes. let's go to. London dated humor. Yes it's very like a ninety s english dub for kids Early two thousand rather that's is so let me have my dumb dub it. I appreciate it anyway. So suddenly there to hang on the chasing after the group and be on wonders if they'll be asian because everyone realizes it's paint. Hope minute since anyone has mentioned four and thanks beer on which i do appreciate the reference it like yes digital will not only killed them but also eight them like i. It makes them seem more dangerous even though killing is also bad but it just makes them seem more like animals so i appreciate that. We're just a reminder. These are animals. Augmon evolved to graham on in one of those really cool real time flashes. Which again i appreciate. I don't like when we get the full long animation. If they're quick real time flash makes it seem that it's actually happening like in real time. I i like that. And then a strange cloud shows up. and it's severe. Ramon who is the boss of the feynman and then the fan wants severe. Ramon attacked the group. And come on. Domon they riding vehement on evolves into benjamin because grandma struggling and i was about to Complain that want. We just evolved to perfect because we know that ceremony is a perfect digital but then grandma boston metal grey morning version of to grow them on. So i'm just like okay. That's fine no more complaints. That's fine. I can understand the wo- graham on is a special one so they wanna jump to that but this is now fine. I was almost..