40 Burst results for "Elon Musk"
A highlight from THOUGHTCRIME Ep. 14 Ukraine's Top Tranny Gets Fired. Russell Brand vs. The World. Thinking About Rome?
"Hey, feeling unsure about your finances these days? You're not alone. That's why Noble Gold Investments is here to help. Just hear it straight from the people who they've helped. The Noble crew walked me through everything with no stress. With their help, I could finally sleep easy at night. And now this month, Noble Gold Investments is handing out a free 5 -ounce silver America the Beautiful coin if you qualify for an IRA. Invest in gold and silver with Noble Gold Investments. Go to noblegoldinvestments .com right now. That is noblegoldinvestments .com right now. Hey everybody, happy Saturday. Thought Crimes, how often do you think about the Roman Empire? We ask that question more than you might believe. We also talk about the differences between men and women, micro versus macro. We cover Russell Brand, Ukraine, and more. Email us as always, freedom at charliekirk .com. Get involved with Turning Point USA at tpusa .com. That is tpusa .com. Start a high school or college chapter today at tpusa .com. Become a member to listen to our show advertiser free at charliekirk .com and click on the members tab. And as always, you can email us freedom at charliekirk .com. Buckle up everybody, here we go. What you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie, he's an incredible guy. His spirit, his love of this country, he's done an amazing job. Building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. The revolution continues, we can still commit thought crimes. For now, joining us tonight is fan favorite, 10 out of 10 rated, Blake Neff. Say hi, Blake. Hello. That's where he goes. Hi, Blake. Andrew. Andrew Colvitt. Yes. Hello, sir. Andrew and Jack Pessobic. I can't wait for the Halloween episode where Blake is like, Okay, let's dive right into it. Jack, true or false? We got a tranny fired. True. 100 % true. Although, if I might add, the tranny has not just been fired. This is in the quote unquote Sarah Ashton Cirillo, actually known as Mike Ashton Cirillo, the spokes tranny for the Ukrainian military. Not just fired, but actually placed under military investigation. So very excited. Not a good thing to be under military. So do we have the tape? We have the tape of her talking about the Russian devils. And then the question is, was there a Russian devil that was taken up by other means, which actually segues to our second topic? We'll see. That is a real thought, crime. But Jack, build this out. You're on some sort of Ukrainian hit list. Ukrainian government wants you dead. So Jack, tell us about it, and then we'll get to it. So yeah, the Ukrainian government, specifically their intelligence service, the SBU, has this roughly to peacemaker, but it's been referred to as a kill list or a hit list where they will place people that they consider to be quote enemies of Ukraine. And now Elon Musk appeared on this list at one point. The pope appeared on this list at one point. Tucker Carlson, Glenn Greenwald are on this list. And while we might think it's funny or silly, there's actually an American hostage right now that's being held by the Ukrainian government, a blogger and YouTuber by the name of Gonzalo Lira, who was living in Ukraine and was posting on his YouTube channel that he disagreed with Zelensky's government. He was then summarily arrested by the special services of Ukraine and has since disappeared. There have also been people that were placed on this list, including an Italian journalist, Andrea Rochelli, and numerous Russian bloggers, as well as one girl who's the daughter of a Russian political figure who were assassinated in Russia using car bombs and other improvised explosive devices after being placed on this list. After their killings, their entries on this dossier list wrote liquidated. So I was placed on this list and I was made aware of that earlier this week, right around the same time that you were really exposing everything, this American, I guess the word is American recruit for Ukrainian forces. Ashton Cirillo was saying in this completely unhinged rant, saying all Russian propagandists will be hunted down wherever you are and your teeth will Nash as we we we show you justice, only he's not the one who was dishing out the justice. It turns out he's actually the one who's facing justice now. And so let's play the tape here. And this is now play cut 22. Russia hates the truth that their obsessive focus on a Ukrainian volunteer is simply allowing the light of the Ukrainian nation's honesty to shine brightly.
Fresh update on "elon musk" discussed on The Charlie Kirk Show
"So my five-year-old and I, we spent his fifth birthday. We did Rome. We went to St. Peter's. We did just everything. We did everything to do in Rome. We did for basically the weekend, just him and I. And then even his school backpack, um, is, is from Rome. He even has a little, a little statuette of the Colosseum that he just carries around with him pretty much all around the house. And he just absolutely fell in love with Rome. And then when we got to, um, the, the road, um, the roadway of the emperors, and we were looking at the ruins of the forum. And of course the statues are there, the statue of Augustus Caesar, the statue of Julius Caesar. Um, he could, he was really, really fascinated with the, just the architecture and then the photos and depictions of how Rome looked at the time versus the ruins that he could see now. And he could understand even at five years old that he was looking at a picture of what something was versus what something is now. And he even asked me, he said, dad, are they ever going to make it back? And I was like, one day, son. Actually, funny enough, when we were out front of the Colosseum that night, I just got, uh, go on to take him, uh, got him some, uh, strawberry gelato and I'm FaceTiming with Tanya, just kind of let her know we're there, you know, show her some cool pictures. And, uh, of all people, this motorcade just flies by us on, um, in the middle of the street, you know, presidential level motorcade. I'm like, is this, is this Georgia Maloney? What's going on? Is the Pope around or something? But, you know, I could end, see the Pope will be around. So I wasn't really sure. And you see, you see presidential level motorcades in DC all the times I'm kind of used to them. And so I wasn't sure who it was at the time. Then I wake up the next morning and they say, Ukrainian president Vladimir Zelensky has made a surprise visit to Rome and landed last night. So, Oh, great. Zelensky literally photobombed me while I was checking to take a picture of my son at the Colosseum. So there you go. He haunts you. Rome is the eternal city, but I mean, you guys didn't answer the question, by the way, how often do you guys every day? I mean, I have a bust of Marcus Aurelius in my office. I have Caesar crossing the Rubicon in my office too. I have like tons of Roman paraphernalia. We talked about this in the chat. We're Roman Catholics. So that's, I mean, that's pretty like, we pray in Latin. I was born Roman Catholic. So there's that. We, yeah, you'll come home eventually. You don't think about Rome. And we constantly, constantly think of Rome. No, I think of Rome. So it was funny. You got, you were like peppered me with questions in the chat. You were like, do you, I was like, I don't get it. Like, but he doesn't get it. I know. But then you started asking me as well. I watched the documentary. I, you know, the documentaries multiple. I watched, I think I even watched the HBO show about it, right? At least some of the episodes I made about it a fair amount. Like I watch gladiator. Do you even know who, who Claudius was? Yes. He was, uh, he slept with his sisters. He's wrong. He doesn't know who Claudius is, guys. Caligula or Claudia. Oh, yeah. Sorry. Wrong guy. No, I, I, I think I know who Claudia is. Give me, give me a, wait, give me a hint. Give me a reminder. Claudius is the one who's like, was like disabled. And also he has the whole novel about him. My Claudius. Nope. And they got the BBC document. I don't know that one. Disappointing. I don't think about it all the time. Tiberius? Yes. Who's Tiberius? Tiberius was the second emperor. Yeah. I was going to say that I knew he was an after Caesar Augustus. What's he famous for though? Uh, not crossing the Tiberius. No, no. Tiberius is the Jeffrey Epstein emperor. He was on Capri with like all the little boys. I, I admitted this is not my strong suit. I don't think about it all the time. You're picking on Andrew. I know everyone's going to know. Even women are going to know this. Do you know who Maximinus Thrax was? I don't even know who Maximinus Thrax is. You guys are killing me. They don't know who Maximinus Thrax is. Everyone, all of you guys in the audience. Do you know everyone? Everyone in the audience knows who Maximinus Thrax is guaranteed. I mean, listen, I, I know about Caesar. I know about the Triumvirate. I know about the, you know, I know about the four of them. Oh, there were two of them. I see. I know about the Caesar with the Pompey Caesar. And yeah. Who was the third of the Triumvirate? Mark Antony. No, no. That was the second one. That was the second one. It's Crassus. Crassus is the third man. He got gold poured down his throat. I watched the Netflix. Mark Antony was in the second Triumvirate. Yeah. Second one was Octavian Antony. And it's been a while. It's been a while. It's fuzzy now. Listen, the point is I am an appreciator, but I'm not the guy that thinks of Rome every day. I'm just not killing me. So it's so funny when this came out, I think about Rome every day, but I didn't realize I consciously think about Rome as much as I think about Rome until this thing came out. I was like, yeah, of course, we think about Rome all the time. I don't have this. Was it just women didn't know. When Elon Musk was going to fight Mark Zuckerberg, where were they going to fight? They were going to fight in the Coliseum. And that would have been epic. It would have been epic. It should have happened. Then Mark Zuckerberg said, well, he's obviously not serious about it. So it's over. And I was like, why don't you just wait until he says his surgery is done and then do it anyway? He should have just invited Elon Musk to a tech event in Rome and then just come out and be like, I'm ready to go. Let's go to the Colosseum. Just like Andrew. It's not about necessarily knowing every piece of trivia about Rome. It's about, could you imagine yourself in gladiator armor walking into the Colosseum to do battle with Mark Zuckerberg? But here's the thing. I would put gladiator as one of probably my top 10 movies. Look at him. Listen, I'm an appreciator. I genuinely don't think of Rome every day. I don't. So there you go. It's crushing me. It's crushing me. It's not. I think of our border every day. It's not about Rome. It is the dream that was Rome. Right, Charlie? It's about the dream that was Rome. Yeah, especially the Republican style of government. Now, here's the deeper cut. How often do any of you think of the Byzantine Empire? That's like Rome, the sequel. Increasingly much. Increasingly much. I think about it almost as much as Rome. Constantinople. Hashtag land back. Again, this goes to macro versus macro. Women are not thinking about ancient civilizations because that's very macro. I think we forgot. I genuinely think of things like the southern border every day. That's macro. And like, you know, it matters, you know. And women think about grocery shopping. The desire to restore the Roman Empire did probably destroy Russia. And that's probably why we have the Ukraine war right now. Cause set in motion. All right, everybody, email us freedom at CharlieKirk.com. Download the Rumble app. We'll be live tomorrow at 12 Eastern. Jack follows us. God bless you. Until next week, keep committing thought crimes.
A highlight from Tom Emmer's Anti-CBDC Bill Passes House Committee | EP 830
"You're against freedom. Good morning, everybody. What's up? It is Friday, September 22nd. I'm your boy, Opti. And as you can tell, I'm hosting the show today, but the show don't stop. And very interesting stuff that we didn't cover throughout the week. Apparently Tom Emmers has been spearheading this anti -CBDC bill and it passed in the House Committee. And we've been talking constantly about the ideas of CBDCs, the dangers. And I was going to say the pros, but there is no pros to this. This is absolutely nefarious stuff coming out from every country in the world and everyone wants to roll out a CBDC. Well, as I've been saying, there may be still some good people out there. I know we don't like politicians, but there may be some that understand how dangerous a CBDC will be. And they are saying the quiet parts out loud. And I do have some contention. We will kind of talk about this during the news. And the bill will now have to advance to the House of Representatives, but at least the signal is getting out there and it's constantly getting out there. And we're constantly talking about the fact that a CBDC should never happen in the US. It is literally anti -American. And I'm just glad that more people are noticing this. And it's not just simply Bitcoin that is telling you this. It's not just Bitcoiners that are talking about the dangers of CBDCs. Remember what CBDCs really stand for. It is not central bank digital currencies. It is central bank digital control. Remember the meme. And anytime they talk about a CBDC system, remember what it really is about. It is about controlling your behavior, controlling your transactions in a world where they are censoring content creators, independent content creators, where you can't talk about the truth. You think they will let you transact freely if a CBDC system gets rolled out. Don't be naive, guys. This is the last thing we should want. This is the last thing that should ever get rolled out in America. And we know that they're trying to do this everywhere around the world. We've seen that a few different CBDC pilots have been rolled out. We've seen, especially like in Nigeria, that the citizens do not want it. But we even have the memes from Elon Musk about making Twitter be the WeChat of the West. I don't know. It all sounds dystopian to me if you're talking to just a humble Bitcoiner. But anyways, I do have some good videos here and we will be talking about sovereignty in all its forms, whether that's health and education on today's show and rather in life in general. So I think we have set this show up perfectly where I'm going to give you guys some context of why we Bitcoin. Then we'll talk about the news. And then we have a guest here today that I think you guys are going to really enjoy. But of course, I am not alone. But anyways, welcome to Simply Bitcoin. We are your number one source for the peaceful Bitcoin revolution. We cover breaking news, culture and romantic warfare. We bring on Bitcoiners from all around the world, from the biggest names to the everyday savage Bitcoiner. We got them all. And we will be your guide through the separation of money and state. And of course, I'm back with one of your guys's favorite off the bench, Simply Bitcoin co -host, Mike Hobart. Mike, how are you doing today? What up, nerds? I hope you guys are having a good Friday. I just got my Friday started off with a workout and I am still soaked in my own filth. So I'm just rolling in this raw, man. I'm ready to go. Wow. Okay. Let's we'll gloss over that. Okay. All right. Anyways, our guest today is Scott from Free Market Kids. I really, really love what you're doing. I think it's one of the most important things to be doing is not only educating everyone out there, but educating the children so they don't have to deal with the fiat messes. Anyway, Scott, how are you doing this morning? And maybe just TLDR people. What is Free Market Kids? -oh.
Fresh update on "elon musk" discussed on The Charlie Kirk Show
"I'm just sort of taking it all in. I kind of like that. Okay. So I'm going to play 124. The point I'm playing for this. Number one, the media all knew that he was a little bit of a Tomcat. I'm putting it nicely, right? That is the longest Russell Brand clip I've ever seen. Oh, is that right? I've never seen a single Russell Brand movie stand up. I think he's legitimately a plus talent. The guy's got a gift. Here's morning Mika. His interviews are. Yeah, no. Here's morning Mika fantasizing she could be with Russell Brand with a water bottle. Play cut 124. You've become nervous. Why are you nervous? You're a powerful woman. You've got a lovely job. What seems to be the trouble? You've got a hair like Princess Diana. You're ovulating. Don't be nervous. Don't think about what I'm wearing. What seems to be the trouble? What do you think that gesture means the way you're touching that bowl? What does that indicate? What is that? What's the subtext of that? Oh, my God. More morning Joe in just a moment. Yeah, I don't think there's ever going to be a case where something's like not consensual. Exactly. That's what I'm trying to get the guy. The guy is like, I mean, look, I say this in the least gay possible way. He's like super charming, right? This is like the biggest Chad in the universe. Yeah. I mean, he's just like total alpha. He's got the British accent. Thought crime. What? That straight men can appreciate other men as being good looking? No, no, no. I'm not making the Hellenistic argument here, Charlie. What I'm saying is the real thought crime is that what determines whether or not those statements are harassment. It is not the statements themselves. It is not the person who is making them. It is the person listening to them. Yeah, that's right. Determine whether or not in this case, Mika Brzezinski, because when I was a Navy officer, do you have any idea how many times we had to sit through the annual and then quarterly trainings on what you're allowed to say on the ship, what you're not allowed to say on the ship, et cetera, et cetera? Red light behavior, yellow behavior, green behavior, all this other stuff. But it's like he's up there and he's breaking all the rules and she's just laughing and going along with it. And it's totally fine because she's determined it's okay. But if this were Donald Trump saying all those things, and of course, and I just use him as a stand, I'm not trying to do the cliche thing, but if that were someone she didn't like who was saying the exact same things in the exact same manner, if that show is done in New York, she could file charges against him. Absolutely. Or as it turns out in this one where, you know, a decade later, he says something about the vaccine and you realize that it was sexual harassment at the time. Exactly. Yeah, exactly. That's right. So, I mean, look, they're going to try to take him out. He's handling it really well. And do you just add this to the list? Elon Musk under criminal investigation for some sort of corporate perk thing? The guy's worth 260 billion dollars, okay? If there was a problem, why wouldn't the IRS contact him? Department of Justice for corporate paperwork? And it's worse than that. It was like Tesla's like buying him a glass house because, you know, if he lives in a glass house, he can't throw stones at the government. And, you know, it's like, oh, how could they screwed up the compensation package? Which is usually done by the corporate leader. It goes public 15 years ago or so. Tesla goes public worth two and a half billion dollars. It is now worth 850 billion dollars. It has topped at over a trillion dollars. I think the median Tesla investor is pretty happy with how Elon Musk has run his company. No, but that gets you a criminal investigation by the Southern District of New York, according to the Wall Street Journal. And you're also getting sued at SpaceX because they didn't hire enough refugees for, you know, their super sensitive space rocketry program where you're not allowed to employ non-U.S. persons for it. And they interpreted that as we can't employ refugees. And so the DOJ just swoops in, sues them, wants them to take all of their money that they're using to develop the super special rockets that we use to shoot things to the moon. And they're like, no, you have to pay, you know, five million dollars in back salary to every refugee who applied to work at SpaceX and wasn't hired. So go ahead. And just like and again, like a hit job. You know, I want to read, if I can, this this letter. Just give me a moment to bring it up.
A highlight from Europe's Anti-Bitcoin Bill Reveals Plan to Stop Adoption | EP 829
"It's all going to zero against bitcoin it's going up for ever more you're against bitcoin you're against freedom yo welcome to simp with bitcoin live we're the number one source for the peaceful bitcoin revolution we will be your guide through the separation of money and state speaking of the separation of money and state interesting news coming out of Europe kind of not as bad as the proposed bill by Elizabeth Warren that we covered on one of simply bitcoins simply bitcoin lives episode this week but it's something very similar right this idea that every single transaction needs to be KY seed right and then I think that will inevitably lead to the any host unhosted wallet needs to be KY seed all right the the wording specifically in the Elizabeth Warren bill included any minor any validator any software wallet so you know it's just of course the powers that be that tremendously benefit from having a monopoly on the creation of money having controls on money of course to benefit themselves of course they're not going to be okay with this and this was the theory that was originally you know put out back in the 90s in the book the sovereign individual I'm going to read you guys a passage from that book because I think it correctly predicted exactly the reactions from governments I don't think governments have been able to they're not used to this environment where they have competition and most importantly not only do they have competition but they can't shut down the competition right because we remember we saw Facebook try to launch their own you know digital currency and they got shut down real quick the thing with Bitcoin right and Bitcoin only right because aetherium is inherently centralized meaning it will inevitably be co -opted so they have no choice but to ally with the state and they were in order to survive but with Bitcoin can't be stopped and because it can't be stopped it creates a forcing function in the long term as more and more individuals choose to opt out of inflationary money into deflationary money so yes of course times are changing but it's not only on the money front right we're not only living through the disintermediation of money but we're also living through the disintermediation of information and yesterday was a historic day I've never seen this in my life the UK Parliament sent Russell Brand an extremely popular independent content creator a letter to rumble we love rumble by the way we're on there subscribe to us on there and shout out to our rumble audience as well it's been growing by the day so we appreciate you all they sent a letter to rumble asking rumble to demonetize Russell Brand like YouTube did so we have governments that are directly asking platforms to demonetize content creators of which they don't did they don't agree with that is absolutely absurd and these are the same governments that want you to trust them with central bank digital currencies if they had central bank digital currencies in place they wouldn't even have to ask the platforms they could just flick the switch themselves so when we say Bitcoin or slavery or how beauty on said it and I'm starting to lean this way to Bitcoin or death we are not exaggerating and you have to choose what world do you want to live in in the future and most importantly what world do you want the future generations your children your children's children to live in so it's gonna be a great episode I'm really looking forward to it you have to stay on top of what's going on anyways we also we also have a very special treat for you guys we have the head of customer experience from foundation devices the maker of the passport hardware wallet and he's gonna do a live demo for us during the culture cement segment so I'm really really pumped about that let me bring up let me bring him up on stage Bitcoin Q &A you're quite well known on Bitcoin Twitter as well how you doing buddy yeah doing very well thank you very much for having me I'm psyched to shoot the shit with you guys this evening well even in my time but yeah certainly some interesting goings on especially around the Russell brand thing so I'm sure we'll be able to share some insights on that one but not a good look yeah I completely agree man it's it's some some interesting times we are living through people some people call it the fourth turning I don't know man but the phrase that sticks with me the most is weak men create hard times hard times create strong men strong strong men create good times we're definitely going through this era and then I think it was actually Vladimir Lenin that said the very very famous quote right where there are decades that nothing happened and then there are weeks that decades happen I think we're definitely living through this moment of time anyways no more delay let's bring up my legendary co -host not optimistic today no smile oh there's this smile sorry I was caught reading the channels optimistic fields how you doing bro well I am doing wonderful and I'm actually really excited for this culture segment today guys I got a sneak peek of the demo that we're going to see and I think there's gonna be awesome this might be a simply Bitcoin first for the live show but to the news stories and stuff it really just goes to show that if you speak the truth you are the enemy of the state and I think more and more and more people are waking up to this because they either continue to de -platform you from your banks or de -platform you from social media for saying what they don't want to be said you know for saying the quiet part out loud and you know this is why we do our show in a very particular way so that we can survive on YouTube but man it really just goes to show that the powers that be are completely terrified of people talking about the truth hence why you guys need to talk about it more and continue to spread that signal but it just goes to show that this is the the last I don't know the last gasp of the great Leviathan you know what's them saying like darker before the dawn like this is their last grasping at straws to control the truth and and I mean I've been saying for a while I think the monopoly on truth is slowly and dwindling they're going to try to make examples of this so you know just be prepared we know what's coming so protect yourselves protect your family and continue to spread the Bitcoin truth the Bitcoin signal actually just truth with a capital T I suppose anyways Niko let's let's get into this one let's get into this one let's get into the show man I'm really really excited alright guys let's get to the numbers we have a lot to talk about today and I'm super is your Bitcoin in cold storage really secure is your seed phrase really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water 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website at the time of recording the Bitcoin price is twenty six thousand five hundred and seventy sats per dollar three thousand seven hundred sixty four block height eight hundred eight thousand seven hundred twenty nine blocks to having thirty one thousand two hundred seventy one having estimate April 21st 2024 total lightning network capacity four thousand eight hundred fifty five Bitcoin capacity value one hundred twenty nine million US dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin currently sitting at five hundred and seventeen billion dollars Bitcoin versus gold market cap four point zero one percent in the grand scheme of things Bitcoin is still a baby if Bitcoin reaches not if when Bitcoin reaches the gold market cap that is five hundred thousand dollars per coin and I think that's just getting started anyways we played you guys a video yesterday of a member of the United Nations talking about how we are in an information war we played you guys the video and she was basically recommending that that that they no longer have people to call on on Twitter to censor information she was also saying how there's an army of people that are propagating United Nations approved information well you know she's she's talking about as if the information that's coming out of the United Nations is a matter of fact right she's talking about the problem of disinformation disinformation well my question to you guys is who gets to decide what is disinformation and what is information right well we advocate for on simply Bitcoin is individuals not central planners not governments using their own critical thinking abilities right to dictate okay this is a good idea this is a bad idea right this is how the American this how the American Constitution it's literally written like that that there's a reason that the First Amendment is the way it is right the government or Congress should make no law you know basically censoring or stopping the freedom of the speech of people right and they made it that way for a reason because if there is a central authority if there's a government that gets to dictate what information is true what information is not true history has shown that they'll use that power to protect their own political mode right so thank God for the internet thank God for technologies like Bitcoin thank God for technologies like Noster for example they can't do this anymore and because they're not able to do that they're freaking out number one and number two and number two it becomes a forcing function over a long period of time but that doesn't stop them from trying here is the former New Zealand Prime Minister at the United Nations saying that that words are weapons of war right weapons of war if so if you say something against the government that all of a sudden becomes a weapon of war and again this has escalated it is escalated to the point where the UK Parliament has asked rumble to demonetize Russell Brand who's a very popular content creator who goes against the legacy corporate media's narratives right and it kind of embarrasses them so what are they doing they're attacking his money they're saying rumble okay they can't they've tried to deplatform people before they've gotten a lot of pushback so what they do instead is that they attack his pocketbook obviously YouTube complied they demonetize Russell Brand's content but rumble said no we're not doing that so love that of rumble we're on rumble we support rumble that's awesome but another thing that I want to say is that the allegations against rubble Russell Brand are just that they are allegations they have not been proven so something that has not been proven is a justification to shut off someone's living that is insane anyways let's check out this letter and this is a letter by part by the UK Parliament the specifically the cultural culture media and sport committee to the CEO of rumble Chris Palavoski who says dear Chris I'm writing concerning the serious allegations regarding Russell Brand in the context of of his being a content provider on rumble for more than 1 .4 million followers the cultural the culture media and sports committee is raising questions with the broadcasters and production companies who previously employed mr. brand to examine both the culture of the industry in the past and whether that culture still prevails today however we are also looking at his use of social media including on rumble where he issued his preemptive response to the accusations made against him by the Sunday Times and Channel 4 his dispatches while we recognize that rumble is not the creator of the content published published by mr. brand we are concerned that he may be able to profit from his content on the platform did you hear what they said the government is concerned that Russell Brand might be able to profit from his content because there was some allegations made against him conveniently a lot of Russell Brand's content is criticisms of the government so I mean big coincidence I guess you would you could say we would be grateful if you could confirm whether mr. brand is able to monetize his content including his videos relating to the serious accusations against him is so we would like to know whether rumble intends to join ryu tube in suspending mr. brand's ability to earn money on the platform we would also like to know what rumble is doing to ensure that creators are not able to use the platform to undermine to undermine the welfare of victims of inappropriate and potential potentially illegal behavior so they asked rumble to demonetize a content creator an independent content creator that's the key word when we had Parker Lewis on the show and I was talking about the legacy corporate media he didn't say no Nico it's not the legacy corporate media it's the legacy government media so anyways why is this happening I think Jeff Booth said this perfectly we read this to you guys the other day and this all boils down to the money this is why we say as Bitcoiners fix the money fix the world here's Jeff Booth he says because broken money Elon Musk said how did most of the legacy media go from superheroes of free speech to supervillains of speech suppression and Jeff Booth says because broken money ensures the centralization of power by stealing the productivity through inflation that should flow to society in the form of lower prices then those enriched by that theft and subsequent power must control the messaging to keep it but it all it wasn't only Jeff Booth that said this here's an article from our friends over at Bitcoin magazine of nine Bukele the president of the country shining on the hill the Savior El Salvador the first country that made Bitcoin legal tender the beachhead for the Bitcoin movement around the world he goes on to say the most vocal detractors the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites and the people who work or benefit from them they used to own everything and in a way they still do the media the banks the NGOs international organizations and almost all the governments and corporations in the world and with that of course they own the armies the loans the money supply the credit ratings the narrative the propaganda the factories of food supply they control international trade and international law but their most powerful weapon is their control of the truth and they're willing to fight lie smear destroy confiscate print and do whatever it takes to maintain and increase their control over the truth and everything and everyone I think come from Nico or simply Bitcoin that came from the president of El Salvador name Bukele so what is happening here two things are happening here thing number one the internet has empowered individuals and those individuals can now use the internet to uh to grow these massive platforms themselves and because they're individuals they're a lot harder to co -opt and at the same time we are witnessing the distance remediation of money that internet has allowed Bitcoin and Bitcoin has empowered individuals to choose their own money too so government states NGOs international institutions right that have had this privilege of having not only having the monopoly in the control over money but also the monopoly in the control over information it's quickly diminishing in front of their eyes and of course that system is fighting back they can't take that they've been used to operating in a system where they've been able to control the narrative they've been able to control the truth and that is slipping through their fingers and they don't know what to do and that's why they're short -circuiting the way they are that's why we've gotten to a point where the UK Parliament is literally asking a platform to D monetize an independent content creator not to mention all the stuff that was revealed during the Twitter files where it was exposed that the US government even though that is explicitly against the US Constitution the government should not be censoring speech was asking Twitter to D platform D boost and censor certain speech and these are the same governments that also want you to trust them with central bank digital currencies and they expect you to believe that they're not going to use central bank digital currencies as a weapon as a forcing function in order to control your actions as a individual and this was all predicted I might add in the book the sovereign individual which we'll get to during the new segment but this is some crazy times now what can you do to protect yourself in this particular situation do your own research pick what information sources you choose you you want to choose I love Twitter because it's like a news aggregator and the the news that you know pops up pops up Noster is a great platform rumbles a great platform YouTube is is good to do your own research don't rely on a single information source and then most importantly the most empowering thing you could do is to opt out of state money opt into Bitcoin I think that's the most powerful thing you could do look the most important the most important vote you can make that voting for a Democrat or Republican it's not to say that it's not important to vote but the most powerful vote that you can do that will actually change things is voting with your wallet opt out and the way that you do that is you buy Bitcoin earn Bitcoin mine Bitcoin and take that said Bitcoin into self custody the moment you do that you're part of the peaceful Bitcoin revolution whether you are aware of it or not and that is how we win if enough people take self custody we win and there's nothing they could do about it speaking of self custody we have the head of customer experience with us today Bitcoin QA and you guys make it super fucking easy to take self custody with the hardware wallet that you guys make and not to mention the awesome application that you guys make so Bitcoin QA what's your take on this whole Russell brand stuff I can't believe we've reached this point if I would have been told this five five six years ago I would have said that's impossible there's no way that's that that's so ridiculous what's your take on all this yeah before I enter you I've just got to say that was one hell of a fucking monologue I take my half to you that was fantastic yeah kudos and yeah the whole Russell brand thing man just completely shocking another example yet another example of government overreach Russell brands been a thorn in the side of the UK government if you can't tell by the action by the way to anybody's listening that I'm from the UK and he's been a thorn in their side for years and he's a very well educated man he's very well spoken and he has drawn a lot of following by speaking out against money printing against government policy he was rabid about the whole covert thing pharmaceuticals getting rich because of you know yeah you know all of the corruption that went on over those couple of years and I see this recent letter as that them seeing the opportunity as they're into trying you know get one back on him you've touched on earlier that the fact that all of these are just allegations at the moment and the fact that they're going around trying to take money off him from you know he's not been convicted of anything at all that's not see won't be but right now they're just allegations and they're trying to take his money off him it's just completely shocking and they're just trying to lash out because he's been a pain in their ass royally for years so yeah I mean they're just they're just overreaching and leveraging their powers wherever they can just to kind of deep platform and then hurt his wallet as well unfortunately yeah 100 % they attack his money they attack and again like they attack his money and they're also like hey guys these CBDCs like we'll respect your privacy you could trust us what are you talking about anyways Opti what's your take well I actually I kind of want to ask Q &A question because there is some talk about this in the chat what's your thoughts on Russell Brand being like controlled demolition Q &A whoo how do you mean like basically that this is like an orchestrated attack you know once everyone's talking about this maybe Russell Brand isn't necessarily as much of a truth speaker as people are making him out to be like does he actually believe what he's saying or is this just kind of one of those things where you know you create a figure and then you kind of tear him down to discredit the whole movement in general the whole truth movement yeah possibly I think I think most of what he says is genuine he before he started doing all of the YouTube stuff like he was he was a you know some form of a celebrity he had a big following and could have monetized himself as a product in many many other ways by coming out and being as outspoken as he has against the the prickly topics of like money printing and you know COVID etc he must have known you know he's smart enough to know that would have been incredibly divisive to people that followed him so I lean towards the fact that he's genuine and the fact that they're probably gonna try and use him as a scapegoat to warn ward off other people that kind of speak out against any government policy etc etc yeah I'd agree I mean like especially considering what his status was it's hard to follow the incentives and be like yeah he's got a lot to gain from this when in reality he's on the verge of losing everything so I'd agree with you and then just kind of going back to the beginning of this rant and and people are saying epic daily Nico Jones rant today so good job Nico I like when Nico gets get animated remember growing up guys when I grew up I had a saying and I'm sure your mother told it to you as well and we all probably said it in kindergarten you know sticks and stones but words may never hurt me and now we grow up in a world where words are violence like what is going on guys and that's a convenient it's a convenient way I know Nico I was getting there I'm asking rhetorical questions on the show now okay I'm learning some Nico Jones tactics but as we know guys as we know guys you know if you can stop words from being said then you can stop thought and if you can stop thought then you can ultimately stop behavior and this is where they're going they want to ensure that you guys sell censors so that you guys don't lose everything and this is where we are guys that they are absolutely afraid of people speaking the truth they're absolutely afraid of the average person waking up and exposing all of their lives because that's all they have they have lies and favors and they have the monopoly on truth as we think now is more important than ever to speak your minds to make sure you're having these conversations to as the saying goes you know speak truth to power and all that good stuff because there's been a constant theme throughout 2023 or actually rather since 2020 basically is that if your voice is too big and you talk against the establishment then the powers that be will do anything they can to put you back in line and whether that means you know breaking your reputation taking all your money dragging you through the court of public opinion we know what their tactics are and if you're following along closely then you know what the playbook is and it's almost like they're doing the same thing over and over and over again but I think the silver lining of this is that it seems like their playbook isn't working as well as it used to which in some sense should be absolutely terrifying because then they're going to go to even more extremes and you know I'm not gonna say what everyone's thinking but it's gonna get crazy guys and so I think it's just becoming very very clear that as an individual just even a normal person that doesn't have a platform like you want to do whatever you can in your power to protect yourself and hence why we always say that it always boils down to the money guys so protect your money protect your livelihood by taking your Bitcoin into self -custody by saving in Bitcoin and because remember guys this is always about theft they want to take your wealth and put you back in your place and then distribute it and make everyone feel good and we're seeing this happen in real time and it isn't lost on me that this is done via a letter you know it's just like hey how nefarious can a letter be but if you're reading in between the lines then you know how nefarious this letter actually is and that this is a coordinated attack on someone that's talking against the establishment and if people like Russell Brand you know say what you want about him but if people like him can't speak about the truth and they also get run through the grinder like imagine what would happen to an average individual like there's no hope for us if people of that stature can't talk about what's actually going on in the world and hence why it's so important to continue to double down on independent content creation spreading the truth talking about all this stuff because this is all we have we have the truth on our side and as the saying goes you know the truth will set us free so just just don't be afraid you know be brave but also be smart out there and the best thing you can do is just protect yourself and protect your money protect your family and I think as more people do this then the world will slowly but surely start to fix itself anyways you know amen we'll see what happens amen preach brother all right everybody let's get to the news we got a lot to talk about today let's check it out no no no no no no before we do that before we do that I have to give a shout out to our awesome sponsor Bitcoin 2024 it's gonna be the largest Bitcoin conference on planet earth it's gonna be in Nashville Tennessee it's not gonna be in Miami this year July 25th through the 27th 2024 you definitely want to get your tickets quickly before the prices go up for a GA it's 349 for an industry pass it's 849 for a whale pass it's four thousand seven hundred forty nine Opti and I are gonna be there it's gonna be awesome check out Bitcoin 2024 in Nashville Tennessee the year of the having Opti and I are gonna be there some other simply Bitcoin members are gonna be there it's gonna be awesome use promo code simply to get a 10 % discount on the already discounted tickets to Bitcoin 2024 all right now let's hit the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
Fresh update on "elon musk" discussed on The Charlie Kirk Show
"Yeah, exactly. But you just don't see investigative journalism anymore. It's just not the same level it used to be. It's not the same. The price tag on it is much, much higher. Usually it's just reports of somebody said something on Twitter and now I'm going to write up what he said and I'm going to get a bunch of clicks off of that and that's my job. You hire a bunch of 20-somethings using Chad GBT to do it for you. But when it comes to Russell Brand or Tucker Carlson or Elon Musk or Donald Trump, suddenly there's a limitless budget to how much investigation you can do. And then you can even go down and knock on the doors of people who aren't complaint. Do you have any idea how expensive and how much time it takes to find people who are not complaining and get them to come forward? Here's look, let's be honest. Russell Brand would not have been touched ever if he would have just said, get the jab. Zelensky is great. Wear the mask and lock it down. A hundred percent. All right. Here's a morning Mika. I'm sorry. This is from a decade ago. Resurfaced last year. I apologize. So let's play cut 123. Kati Kay and Brian Chapman are here as well. And he already told Brian that he might want to disrobe. I'm just saying. I just thought maybe I could loosen up a little, show a little more chest hair. And he said, maybe I should do a little more. Russell couldn't do that. You look fantastic. Put them on the table. Pinky boots. Oh, wow. There are some boots. Those are nice. You also look beautiful. Okay, Russell. It's like your desk is a puzzle. It is. I'm sorry about that. What is the solution? I think we can walk back in. There you go, love. Be careful because that's a low cut dress. Okay. I'm only flesh and blood. I've got instincts. Oh, okay. Tell me what you need to know.
Rep. Massie Asks AG Garland Why Ray Epps Only Received a Misdemeanor
"On a misdemeanor? Meanwhile, you're sending grandmas to prison. You're putting people away for 20 years for merely filming. Some people weren't even there yet. You got the guy on video. He's saying, go into the Capitol. He's directing people to the Capitol before the speech ends. He's at the site of the first breach. You've got all on the goods him, 10 videos. And it's an, and it's an indictment for a misdemeanor. The American public isn't buying I it. yield the balance of my time to Chairman Jordan. May I answer the question? I'm going to ask you one now. We'll let the gentleman. Yeah. Go ahead. In discovery, in the cases that were filed with respect to January 26, the Justice Department prosecutors provided whatever information they had about the question that you're asking. With respect to Mr. Apps, the FBI has said that he was not an employee or informant of the FBI. Mr. Apps has been charged. And there's a proceeding I believe going on today on that subject. The charge is a joke. I yield to the chairman. Cut nine, go. Elon Musk was a Democrat who admittedly supported Biden, but then he became a critic of the administration and exposed the censorship regime. Now, per public reports, the DOJ has opened not one but two investigations of Elon Musk. Mark Zuckerberg, on the other hand, spent $400 million in 2020 tilting the elections secretly for Democrats. No investigations so far. To the American public, these look like mafia tactics. You pay us your money, we look the other way, you get in our way, we punish you. The American public, these tactics are. One hundred percent. While it's more of the same the during hearing, I'm not going to play anymore for you,
Fresh update on "elon musk" discussed on The Charlie Kirk Show
"Hey, feeling unsure about your finances these days? You're not alone. That's why Noble Gold Investments is here to help. Just hear it straight from the people who they've helped. The Noble crew walked me through everything with no stress. With their help, I could finally sleep easy at night. And now this month, Noble Gold Investments is handing out a free 5-ounce silver America the Beautiful coin if you qualify for an IRA. Invest in gold and silver with Noble Gold Investments. Go to noblegoldinvestments.com right now. That is noblegoldinvestments.com right now. Hey everybody, happy Saturday. Thought Crimes, how often do you think about the Roman Empire? We ask that question more than you might believe. We also talk about the differences between men and women, micro versus macro. We cover Russell Brand, Ukraine, and more. Email us as always, freedom at charliekirk.com. Get involved with Turning Point USA at tpusa.com. That is tpusa.com. Start a high school or college chapter today at tpusa.com. Become a member to listen to our show advertiser free at charliekirk.com and click on the members tab. And as always, you can email us freedom at charliekirk.com. Buckle up everybody, here we go. What you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie, he's an incredible guy. His spirit, his love of this country, he's done an amazing job. Building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. The revolution continues, we can still commit thought crimes. For now, joining us tonight is fan favorite, 10 out of 10 rated, Blake Neff. Say hi, Blake. Hello. That's where he goes. Hi, Blake. Andrew. Andrew Colvitt. Yes. Hello, sir. Andrew and Jack Pessobic. I can't wait for the Halloween episode where Blake is like, Okay, let's dive right into it. Jack, true or false? We got a tranny fired. True. 100% true. Although, if I might add, the tranny has not just been fired. This is in the quote unquote Sarah Ashton Cirillo, actually known as Mike Ashton Cirillo, the spokes tranny for the Ukrainian military. Not just fired, but actually placed under military investigation. So very excited. Not a good thing to be under military. So do we have the tape? We have the tape of her talking about the Russian devils. And then the question is, was there a Russian devil that was taken up by other means, which actually segues to our second topic? We'll see. That is a real thought, crime. But Jack, build this out. You're on some sort of Ukrainian hit list. Ukrainian government wants you dead. So Jack, tell us about it, and then we'll get to it. So yeah, the Ukrainian government, specifically their intelligence service, the SBU, has this roughly to peacemaker, but it's been referred to as a kill list or a hit list where they will place people that they consider to be quote enemies of Ukraine. And now Elon Musk appeared on this list at one point. The pope appeared on this list at one point. Tucker Carlson, Glenn Greenwald are on this list. And while we might think it's funny or silly, there's actually an American hostage right now that's being held by the Ukrainian government, a blogger and YouTuber by the name of Gonzalo Lira, who was living in Ukraine and was posting on his YouTube channel that he disagreed with Zelensky's government. He was then summarily arrested by the special services of Ukraine and has since disappeared. There have also been people that were placed on this list, including an Italian journalist, Andrea Rochelli, and numerous Russian bloggers, as well as one girl who's the daughter of a Russian political figure who were assassinated in Russia using car bombs and other improvised explosive devices after being placed on this list. After their killings, their entries on this dossier list wrote liquidated. So I was placed on this list and I was made aware of that earlier this week, right around the same time that you were really exposing everything, this American, I guess the word is American recruit for Ukrainian forces. Ashton Cirillo was saying in this completely unhinged rant, saying all Russian propagandists will be hunted down wherever you are and your teeth will Nash as we we we show you justice, only he's not the one who was dishing out the justice. It turns out he's actually the one who's facing justice now. And so let's play the tape here. And this is now play cut 22. Russia hates the truth that their obsessive focus on a Ukrainian volunteer is simply allowing the light of the Ukrainian nation's honesty to shine brightly.
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and 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 just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. 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.
Fresh update on "elon musk" discussed on Bloomberg Businessweek
"Bloomberg Business Week on this Friday. Carol Masser along with just met and one story that has definitely continued to evolve this week including on this Friday is a strike by UAW workers out in Detroit. Great. Today an update. We've got GM and Stellantis which owns Chrysler facing some walkouts at a lot more facilities as talks with their workers union failed to make headway while Ford was spared the escalation after making progress in its associations. I'm checking my headlines to make sure I haven't missed anything. Let's get to it and let's get the latest because she is front and center on all of this. Bloomberg News auto reporter Gabby Coppola on the phone in Detroit Diana Lee also with us and co -founder CEO at Constellation. She's here in our Bloomberg Interactive Brokers Studio. Her company is a marketing platform for the automotive industry so they help dealerships reach out to customers. It's a SaaS company. Let's get into it in just a moment. First up though, Gabby, I do want to get to you. I can't imagine what your is life like and how long your days are but tell us what's the latest on the strike out there in Detroit and give us some color of what it's like on the ground. Yeah, well I think you did a pretty good summary, Carol. Today, you know, earlier this morning, around 10 o 'clock this morning, UAW President Sean Fain said that he would expand the strike to the parts distribution plant of GM and still land it. So that's 38 different facilities across the country. And what we're talking about here is, you know, aftermarket basically the parts, you know, whatever you need to fix your car, you know, Atlantis has a network of 10 Mopar parts, you know, facilities across the country. Those people are now walking out on strike. So while the first set of the first, you know, the first week was targeted at just some three key products, you know, the Ford Bronco, the Jeep Wrangler, the Chevy Colorado, those are profitable, you know, very appealing products, but they are not, you know, that is not like a putting stake in the heart. If you really want to hearse automakers, you go after the pickup trucks, the F -150, you know, the Ram 1500, the Chevy Silverado, and the UAW has not gone there. So while the first time was like, you know, we're going to hurt you a little bit, and that's why I thought you saw Wall Street not like losing their mind over this because it's okay, trucks the are okay. But now they're going for things that will affect the automakers relationship with their customers that, you know, one, you know, former scientists or Chrysler executive put it to me today, the plants, when they strike the plants that affects future customers, you know, if you want to go buy a car, that car may not be available, you know, if this will drag on longer, but with the parts thing, you're affecting existing customers because they won't be able to get the things they want, you know, to make their car run if they need to make the car go. Well, so let's get to you, Diana, because you deal with the dealerships. That's your customer base who deal with the customers. So, how are you viewing this and what are you hearing from those dealerships and what's kind of top of mind as you see this strike play out? Yes, so thank you, Carol and Gabby, really well said. My biggest concern is we're not really talking about how it's affecting consumers right now. So, is it really affecting consumers yet though? Not yet, but very soon it will be because now we're talking over 5 ,000 employees walking in Stellantis and General Motors parts distribution centers. So, what does that basically means? Anybody that needs OEM parts for Stellantis or driving a General Motors vehicle that will go to a car dealership to get a repair is now in jeopardy of not being able to have that repair. So, right now the biggest issues that I'm seeing right now is if you can actually have an accident or your car breaks down and you need OEM an part and you make a service department scheduling or appointment you show up and now you have to actually wait for the car to get repaired. If the repair can't be done because there are no parts, then basically you may have to get a rental car. But that rental car is also affected because obviously if they're renting Stellantis or General Motors vehicles, they will not be able to repair those vehicles as well. The other part that I think we're also not talking about is technicians. You don't need technicians or even parts people within a dealership if you can't get the OEM parts into the vehicle. So the longer it goes on they could potentially either be letting some of those go or something's going to maybe break. Exactly, and also for dealerships the profitability is usually in service and parts, right? A hundred percent of their absorption rate is usually covered by the service department. So it will affect parts and service profitability, dealership profitability. They may down shut the service and parts center because they can't actually employ people if the parts aren't there. Well this just gets to duration, right? All of these things that we're concerned about whether or not we get to a soft landing or the Fed gets to its soft landing is the duration of like the UAW strike for example. Right, and what that could mean for the economy and how the growth projections for the fourth quarter could be impacted by that. Gaby I wanted to bring you back in this conversation. why is it that when we're looking at GM and Stellantis, those facing more walkouts whereas when it comes to Ford, is that being spared more so? Yeah, well because Ford gave the median a lot of the key things they were asking for they've agreed to them and it's important to keep in mind you know Ford historically has had a warmer relations with the UAW than GM or Stellantis. They already say that they spend about a billion dollars a year more than GM or Stellantis on labor and part of that is because they have fewer temporary workers. So in a way the temporary workers there's a big difference in pay between if you're a temp worker you don't get profit sharing you start out at around $15, $78 or $16 an hour you top out around $20 but if you're a full -time worker you start I believe around $18 and the top wage is $32. So there's a big difference in cost there and Ford is already paying those people. They have more workers in the United States than GM or Stellantis. So a in way it's less painful for them. This would be making Ford and Stellantis raise their costs in tandem to match what Ford has already been doing. But also Ford said they're going to give PEMPS profit sharing after 90 days. They agreed to COLA which is the cost of living allowance which is something that the union gave up in 2009 and the workers on the line are very determined to get that back. If I could just say Carol I think you have to yell what's it like on the ticket line. So this week I drove down about 45 minutes to Toledo Ohio to go visit the people picketing outside the Jeep Wrangler assembly plant. And you know one of the things I was struck by was absolutely people feel the pinch on inflation you know. And so even if you know you could argue well you got more money in profit sharing than you did if we had given you inflation it doesn't matter. People want things that are guaranteed. You know they don't like leaving things to the whims of the market. That's they how feel. They want security. I totally get it. Diana I want to ask you though the model is changing. Elon Musk showed us that. Does the industry and workers have to continue to acknowledge that? And that means some jobs will not be needed because you know if once again you strangle the companies with higher costs a lot of higher costs in this transitional period you know you could be seeing troubles for the industry overall. At the same time I am for workers being paid what they are worth. But just got about 30 seconds here. Yes and I think for dealerships, dealerships Elon Musk doesn't. Exactly so there are many direct -to -consumer models that are EV that's coming out right now which is competing after the franchise markets. But at the end of the day we continue to actually ignore the fact that markets have done a lot for internal communities right. During COVID they were the ones that there were that actually distributed foods to their communities. They're also the ones that you know raise for money the little leagues and everybody within those areas. And these family units have run these businesses for 50 years. But some would argue straight to consumer right we're in a direct -to -consumer world. Absolutely and I just feel like at this point in time there just needs to be different types of flexible models for all different types of consumers.
A highlight from Store of Value and Proof of Work with Ben Justman, Founder of "Peony Lane Wine" - September 18th, 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. Happy Monday. It is time for another awesome week in Bitcoin. Man. It is so cool getting up on a Monday morning. You know, most people are like, oh, God, it's another Monday. They don't even want to get out of bed. They're dragging ass. They're like, oh, but Bitcoiners are like, let's go. All right. Good morning to all of you, Lisa. Good morning, Peter. Good morning, Mickey. Morning. Good morning. Don Bay Terrence. Good morning to all of you. Shout outs to my cobart in the audience. Joe Carla. Sorry. Hi, guys. Alex, the other Alex, there is another Alex. Alex talks tweets. She works at Swan. Shout out to you. You're welcome to come up. She does some amazing stuff. I'm not there's other people in the audience here who work for Swan. I'm not going to talk to you because you guys have some semi names. I don't know. Anyway, morning, Jacob as well. Welcome back from your golf excursion or the weekend. Tone vase morning there on you an invite. I just found out I'm on a panel with tone vase for Pacific Bitcoin. I'm moderating tone vase and Pierre Richard and Jimmy song. That's awesome. And I guess our mission is to talk about shit coins. So for whatever that's worth. All right. Welcome to Cafe Bitcoin episode four hundred and thirty six. Shout outs to our supporters on Fountain and Noster Nests. Our mission for this show is to provide the signal in a sea of noise, teach the other seven billion people on this planet why there's hope because of this bright orange feature we call Bitcoin. Today's show, we're going to be discussing BTC performance versus other assets. There's a tweet Saylor put out with a really interesting chart. We'll be talking about that. United States interest payments are at insane levels and the near perfect energy arbitrage of Bitcoin later today. We have Ben Justman from Penny Lane Wine coming on the show. Very excited. He's an example of the Bitcoin circular economy. So you've got people who are craftsmen making really fine high end things and they're selling them directly to big winners. And man, I love to see it because this is the future. Like we're moving away from this entire consumer rush, rush, rush, get on the hamster wheel, make money that is constantly devaluing and then spend it on shit that you're going to replace one month or one year from now because it's garbage. But that's the entire consumer economy system. It's insane. But Bitcoin is switching that. I think we're going to flip this thing completely on its head. How long will it take? I have no idea. But I think it's coming. Anybody have any opening comments you want to make before we start digging in here? Just that the coffee and the Bitcoin charts are hitting hard this morning. So let's go. Yeah, what's up with that? I saw there was something like, I don't remember the exact stat, but the open interest has is skyrocketing, I guess. We went from twenty six, what is this, five ish to twenty seven thousand two hundred and thirty ish per Bitcoin right as of right now this morning. Lisa Huff, what did you do? You know, I missed the days when Bitcoin was actually volatile, like I am excited to see that it moved and I was also excited to see that it moved down last week. But as for me personally, Alex, what you said is correct. Bitcoiners were ready to get up and do it. And in the last several months, I have, because of Bob Burnett's lovely wife, Lola, I heard a comment that she said she made about health and fitness. She said you have to approach it like it is your lifestyle. Yeah, kind of kind of changes things up. I'm raring to go at like five o 'clock in the morning. Start workout, just went to Pilates. That's my whole life story, guys. Now you know it. Nice. I like it. I think it's awesome. Like I've shifted also because now I'm on the East Coast. So the showtime starts differently for me now. And I have time first thing in the morning, get up and go do physical things. And man, it's it's been amazing. It's been awesome. You've got to exercise for life to keep your life long and healthy. It is a lifetime thing. And finding something that you enjoy doing while you exercise is critical to that. Personally, since I'm on the West Coast, I make my bed and it's a successful day before Cafe Bitcoin. And I am not qualified to discuss anything, just so everybody knows. It's all good. Shout out to Mike Germano in the audience, throwing you an invite if you would like to come up here and obligation to do so. Alex, good morning. Welcome. I think this is the first time you've been up here now. Hey, good morning, everybody. Yeah. Thanks for inviting me up. This is a lot of fun. I'm always listening while changing diapers in the morning and doing the whole mom thing before I clock in. So thanks for having me. Yeah. What are you excited about in Bitcoin and with Swan and with everything? What are you excited about? Wow. That's a loaded question. But I mean, short term, I am stoked on Pacific Bitcoin coming up. I sent out an email blast this weekend. Hopefully many of you guys received it. And I heard you mention your panel, Alex. And the description in the email of that panel is... So the title is Shitcoin Slayers, but that's pretty awesome. And basically, shitcoiners are shaking in their boots and stand no chance against Alex, Tone Vays, Jimmy, Pierre. There'll definitely be some fighting words and not some subtle jabs. It's going to be an awesome talk. Yeah, just a lot of good stuff in the pipeline for PB. Hope to see you guys there. Tone Vays, good morning. We're on a panel together. Good morning. Yeah, I saw that in the email that you were sending that over. Yeah, so that's great. Do you guys know which day that would be? That first day or second day? I have no idea. I just literally just found out myself because I got the email just like everybody else. It's funny, right? They're like, they don't even tell me. Yeah, no, it's good. I actually tweeted out just last night. Ethereum had a brand new weekly low 12 -month close against Bitcoin. And that is a very weak TA symbol for Ethereum. And it's already going down a little bit today as well. So I think, yeah, shitcoins are in a bit of trouble. But the weird thing is, though, have you guys seen what is going on over in Singapore right now with token 2049, which pretty much has become the biggest shitcoin conference in the world? It is crazy. That conference is so scary to me. It tells me that shitcoiners still have an unreasonable amount of money. And maybe the bear market's not over yet. I don't know if anyone's seen the party videos from there. No. What I wonder about is, in this next cycle, are they tapping Asia? Are you going to see a lot of shitcoin conferences over in Asia? And are they going to be gigantic? Oh, I was going to just say probably. But the scary thing is that that conference was massive. And they're renting out sweets with the best views of the... Let's get some context. Let's get some context. What do you mean by massive? What does this mean? What does massive mean to you? Numbers? Do you have an idea of a number of attendees kind of thing? I don't. I'm assuming 5 ,000 to 10 ,000 people. I wasn't going to watch that much. But it was like the after party, right? Like renting out the most expensive restaurant in Singapore. Getting front row seats or the best views of F1, a race that was happening the day after the event. If you just do the hashtag token2049 and just look at their after parties, I don't think anyone really cares. It seemed like a borderline Bitcoin 2022 or one of their older ones. It was insane. And based on how well the shitcoin community is doing, I'm like, man, this bear market may not be over yet. Well, Tone, they're long on other people's fiat, but that tells me they're short on their own tokens. That's why they're spending so hard. It's possible. Is Ethereum ever going to make new highs against Bitcoin? Nope. No, no way. And I said that on a show. I was on Ben Cohen's podcast and a lot of his audience is apparently shitcoiners. And I said that no shitcoin has ever made a new high versus Bitcoin in the following bull market of Bitcoin. Like it's never happened. Actually, I did find one exception. That exception was Doge. But that's because of Elon Musk. It's not because of anything Doge did. And BNB, right? No, BNB never really pumped in the 2017 market because it was just launching then. So BNB's high is the 2021 bull market, and that will never be surpassed. In the case of Ethereum, it's the 2017 bull market. In the case of Litecoin, it's the 2013 bull market. So if a token has been around for like a full year before the bull market, that is its ultimate high. Like it never breaches it. Ethereum will never break its 2017 high. No way.
A highlight from 1402: Javier Milei: The Next Pro Bitcoin President
"In today's show, Bitcoin price shows a textbook Wyckoff move as the Bitcoin bulls defend $25 ,000. In breaking news, pro -Bitcoin US Congressman says sound money is essential to defending freedom preach. Also in today's show, we'll be discussing Bitcoin's clean energy usage reportedly exceeds 50%. However, why hasn't Tesla started accepting Bitcoin payments as Elon Musk promised? Also in today's show, Bitcoin primed to surge by over 70 % in a 2015 style price jump, says top crypto analyst Michal van de Poppe. I'll be sharing his timeline. We'll also be discussing the one and only Michael Saylor, predicting a $5 million Bitcoin price and what's the likelihood of this coming true. Also, what has recently broken the internet, Tucker Carlson gives Bitcoin a massive victory with his recent interview with Javier Millet. In fact, that interview now has over 330 million views, quoting Max Keiser, Tucker and Javier heading to 500 million views in 24 hours. The appetite and the Spanish speaking world for truthful economics reporting is unbelievably huge. And Max also points out he's scheduling a trip to Argentina to meet with Javier Millet. So make money private again. Let's go. We'll also be taking a look at the overall crypto market, all this fam, plus so much more in today's show.
A highlight from Why Tucker Carlson is a Bitcoiner | EP 825
"Yeah, welcome to Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin and religion of carbon making news called Traumatic Warfare. We will be your guide through the separation of money and state before anyone makes fun of me in the chat. My mother -in -law got me these like blue light blocker glasses and I put them on last night and I felt like immediate relief and there's like different shades for it. So like these are like nighttime when the TV is there and then these are like right before you're gonna go to sleep but apparently these are for daytime. Anyways, they're badass, your eyes literally feel like they're relaxing and Opti of course is already trolling me and as well, I'm sure the chat is as well. So that's why I'm wearing these, maybe I'll continue wearing, they feel good, I'm on my computer all day, you know what, I don't care at this point. Anyways guys, today's gonna be a great, great show, orange tinted glasses, I didn't think about that. Today's gonna be a great show, we're gonna talk about the man, the myth, the legend, Tucker Carlson himself. His show last night that he released on Twitter, which I highly, highly recommend, actually has last time I checked, 320 million views, it beat the interview that he did with Donald Trump by like 100 million views. And once again, you have a politician, right, so Justin Trudeau is basically gaslighting saying like, you know, we have to put price controls on the grocery stores for raising the prices and all that stuff. But you have a politician who is literally identifying the problem, he's literally saying the government is the problem, the money printing is the problem, the government is the sole cause of these things. You have an Austrian economist who has a really good opportunity, really good shot at winning the presidency. And why I believe this video was so popular was the same reason as to why I believe that video Richmond, North of Richmond, went viral the way it did. People are feeling the pain, people are questioning the current system, and people are desperately seeking an alternative, which is why I believe this this hardcore libertarian Austrian economist has a really good shot at winning the presidency in Argentina, and the country is currently dealing with 100 % inflation, like, like, obviously, people are questioning it. And when you have a politician who's actually identifying the real cause of inflation, like people put two and two together, right? Javier Meli wouldn't be popular if he didn't strike a nerve. Richmond North of Richmond wouldn't have gone viral, right? Without any of the marketing and any of the push by the big studios, it was just basically a very small studio, it's a guy in his backyard with his dog, literally singing into a microphone. That would not have gone viral if it did not resonate with people, if people weren't feeling the pain that he was feeling, right? So this is, we are living through, in my opinion, the separation of money and state. All these roads, like even if Oliver Anthony, and even if, you know, Javier Meli, you know, and we know he likes Bitcoin, but you know, he wants to dollarize the country, all roads eventually lead to Bitcoin. Some people take the longer road, some people take the shorter road, but eventually it all leads to the inevitable conclusion that we have to separate money from state, because as long as the state has the privilege of being able to create money for free that everyone else has to work for, they will abuse that privilege to benefit themselves and benefit their friends at the expense of everyone else. And this is exactly what Bitcoin fixes. So this is really, really exciting times. Tucker, I don't think he would be at this point if it wasn't with the conversations that he had with Naeem Bukhale. Tucker would not be at this point if it wasn't, if he didn't have the conversations with Michael Saylor. Tucker would not be at this point if he didn't have the conversations with Max Keiser. And even though he was the most popular broadcaster on the legacy corporate media, his words were so dangerous that they had to fire the guy. And that makes sense. Look at all the other articles that are that's coming out of the legacy corporate media attacking Naeem Bukhale, attacking Javier Milli. Because I think they're exposing the fraud that is fiat money and the fraud that is the current established system anyways, it's going to be a great show before we get to it. I want to bring up my legendary co -hosts. We're both wearing glasses now, Opti. Opti was making, I was telling you hard, it's so much fun of me in the beginning, but I'm going to buy you a pair. You're going to be you're never going to take off anymore because I need the colorblind one. Your eyes are literally going to relax, bro. Like your eyes are literally like look at my eyes are like relaxing right now. They're like they're like, oh, like I don't even know what that means that your eyes feel relief. Like you don't even know what that means, bro. I have no idea. I've never looked as cool as you do right now with those glasses on. So I wouldn't know. I wouldn't know. But anything anyways to the opening monologue, which was great, very, very eloquent. And you had that politician rhetoric going right there. I really liked it. I really enjoyed it. One of the things that's pretty crazy is the fact that Tucker got so many views on this. What what I don't know what it is now, but last time I checked, it was like three twenty two, three hundred twenty two million. Like that's damn near the whole U .S. population. And we all know that Fox wasn't getting to every single person in the U .S. Obviously, it's global. But that reach that Tucker has on Twitter or X is just it's absolutely crazy. And this goes back to what we keep saying all the time of breaking the echo chamber and planting these ideas. And of course, Tucker doesn't have to go full Bitcoin maxi like we do on our show. But the fact he's having these conversations, I think does feel like a shift in the zeitgeist and people are waking up. And we've been kind of covering pinpoints and receipts about this constantly, whether it's the song, whether it's a post that I did yesterday in the culture, whether it's the tick tock videos, like people are feeling the pain and they're asking the questions. And so, you know, the soil is right for people to understand Bitcoin and for everyone to get on the Bitcoin standard. So it's just, wow, three hundred and thirty five million views now. OK, the Overton window is crazy, man, is shifting, man. People are sick and tired. People are sick and tired of the gaslighting. You had Opti's ex -girlfriend literally telling people that the cause of inflation is because workers are asking for more salary. Like it's absurd. Anyways, we do have a very special guest today. We have James from Stamp Seed and we're going to talk about the stamp seed before. Look, I got to show off my stamp seed hammer. Look at this thing. Nice. There you go. We got we got to we got to stamp seed hammers. So I'm very excited for the culture. We're going to talk about the stamp seed, why you should back up your Bitcoin wallet seed words on titanium, one of the strongest metals on planet Earth. Is that is that correct, James? That's correct. One hundred percent. Yeah, man. So we're going to we're going to we're going to. We're going to dive deep into all that. And I know a lot of you guys I know that you did you guys did a lot of the stress testing. I think it was Lop that did some of the stress testing comments. Migo, you remind me of Bono from YouTube. It's true, but I don't think Bono was wearing these. I think Bono was wearing these for stylistic reasons. I'm wearing these so that my eyes could relax from the from the evil blue light that's coming out of my screen anyways. So, yeah, you guys did a lot of stress testing on the stamp seed. That's correct, right? Yeah. We haven't had Lop stress tested yet. I think that's in the works right now. But we tested ourselves in house, various different sources of heat. One of them was a blowtorch, which is similar to Elon Musk, not a flamethrower, which is reaching temperatures triple the average house fire. This is one of the plates that we had stress tested. You can see it's been burnt to a crisp. That's why there's all that discoloration. We marred it up. So where you can see those hammer marks are hit. You can still see your letters. It might not come out too clear in the camera. Bent it, crushed it, you know, being that it's one solid piece and your letters are stamped deep into the metal when you bend it. Things aren't going to. There you go. Look at that. Look at that. Yeah. Things aren't going to fall apart. You know, there's no loose pieces, no loose tiles, you know, Scrabble pieces, I like to call them. Everything's in there. Yeah. Like this is like as if your house caught on fire that elephants stamped on the ruins afterwards. Yeah, right. This is what this looks like. Yeah. Or if you know your house, you know, you have two floors, maybe the first floor collapses during that fire. And, you know, you have some crushing issues on top of it. But chances are things like that hopefully aren't happening to most people. But if they do, you're secure. If they do, your money, your generational wealth is protected. Anyways, guys, let's jump into the numbers. I want to talk about Tucker. I want to talk about with about everything that's been happening. Let's check it out. The Bitcoin numbers, is your Bitcoin and cold storage really secure? Is your seed phrase really secure? Stamped seeds do it yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper. Don't store your generational wealth on paper. Paper is prone to water damage, fire damage. You want to put your generational wealth on one of the strongest metals on planet Earth titanium. Your words are actually stamped into this metal plate with this hammer and these letter stamps. And once your words are in, they aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere. Titanium stamp seeds will survive nearly triple the heat produced by a house fire. They're also crush proof, waterproof, non -corrosive and time proof. All things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul. Stamp your seed on stamp seed. All right, guys, I literally made it super easy for you guys. You can scan the QR code on your screen. It'll take you directly to the stamp seed website and you can use promo code simply to get 15 percent off any of the stamp seed products. And I know you guys are doing custom back plates, too. I saw some that were really bad ass. Yeah. So do you have one, by the way, on hand? I do, actually.
A highlight from PayPal Launches Stablecoin That Could Change The World! (But There's A Catch...)
"The safest, easiest way to pay just got easier or at least has moved further into the cryptoverse. Online payment behemoth PayPal has launched its own stablecoin, becoming the latest TradFi company to make the attempt. You may remember Meta, the parent company of Facebook, trying to shove their own stablecoin down our throats and subsequently shuttering the project in early 2022. Will PayPal USD, aka PYUSD, succeed where others have failed? We're going to dive into the pros and cons. It's time to discover crypto. If you're new to the cryptoverse, you may be wondering what exactly is a stablecoin. It's a coin for horses. I'm kidding. It's all in the name, baby. A stablecoin is meant to do exactly that, maintain a stable price. Many of them are pegged to the US dollar. It's a way for investors and traders to keep their assets on the blockchain without having to deal with extreme price volatility. Well, at least that's what's supposed to happen with stables as long as they maintain their peg. If you want an example of what happens when a stablecoin loses its peg, take a look at our video on Terra UST. In case you've been living under a rock with all your cash buried in some dragon's lair, PayPal has a veritable monopoly on online payments. Founded in 1998, the company went public in 2002 and was soon taken over by eBay. Fast forward to today, the company has expanded astronomically and subsequently gobbled up would -be competitors like Venmo, Zoom and Zettle and many others. It also boasts 435 million users at time of recording. The original team is actually referred to as the PayPal Mafia. You'll recognize some familiar faces including Elon Musk, Yammer's David O. Sachs, LinkedIn's Reid Hoffman and Jawad Karim, who co -founded our own little slice of paradise, YouTube. So my question is, with Elon Musk's historic ties to PayPal, will the PayPal stablecoin become the favored cryptocurrency for X? Unseeding would -be Prince of X, doge? Leave a comment below and tell us what you think. PayPal's stablecoin release also comes a couple months after the announcement that Celsius will use it to distribute payments to its creditors, a decision that has sparked outrage and questions from Celsius's creditors. Raking in fees for millions of bankrupt Celsius isn't a great way to start your stablecoin debut. Now, PayPal has been interested in crypto for a while. They first allowed customers to buy, and hold a short list of cryptocurrencies back in 2020, including Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Then in 2022, they finally began supporting crypto withdrawals and deposits in and out of PayPal. And PYUSD is their latest attempt to make a name for themselves in the Web3 landscape. They announced its development at the beginning of 2022, but then pulled back citing regulatory issues. Was it you, Gary? But I guess their concerns are no more because there are full steam ahead with their stablecoin pursuits. Okay, enough about lost funds and heartbreak. Why would PayPal want to get into the stablecoin game in the first place? Well, it turns out stablecoins can be quite a lucrative business worth around $120 billion. PYUSD's top competitors Tether and USDC both have remarkable profits this year. Tether is projected to bring in $6 billion, while Circle, the parent company of USDC, has brought in $779 million so far this year. If PayPal can capture even a percentage of this market, they could bring in some serious bank. How do these companies do it? Well, both USDT and USDC maintain their peg by holding cash and investing in US Treasuries. And the yields of these Treasuries have soared to 5 % recently, so they're able to bring in a lot of profit and able to add to their reserves. PayPal intends to follow a similar model with the stablecoin being backed by USD bank deposits, US Treasuries and US Treasure reverse repurchase agreements held in custody by Paxos. You may recognize the name Paxos for managing the soon -to -be -deceased Binance stablecoin BUSD, which Binance has taken off the market due to SEC lawsuit. RIP. PayPal has announced that Paxos will begin issuing monthly reserve reports in September 2023, and these reports will be verified by an external and supposedly impartial accounting firm. Can we just get Kevin an Oscar? Remember, guys, having a public and verifiable proof of reserve is so important, not only for stablecoins, but also for exchanges. Make sure you do your research before you buy or send your crypto places. PYUSD is an ERC -20 token written in Solidity and running on the Ethereum blockchain. You can exchange PYUSD for fiat as well as send it to other PayPal users and buy crypto on PayPal's platform. You can also buy from PayPal's merchants, and PayPal will send PYUSD to make the purchase. There are zero fees to send this stablecoin to other PayPal users, but there are fees for buying cryptocurrencies and withdrawing PayPal USD from the platform. Currently, you can withdraw or deposit PYUSD and it's compatible with Metamask and Coinbase Wallet, soon to be supported by Venmo. A week after PayPal's stablecoin mania hit the media, Ledger, one of the top cold storage wallet solutions, announced that its users would be able to buy crypto with their PayPal accounts. Coinbase has allowed American and Canadian users to buy crypto with their PayPal accounts for a while, but recently, Coinbase partnered with PayPal to bring this option to users in Germany and the UK. This comes in handy since PayPal decided to pause crypto purchases on its own platform in the UK, citing financial regulatory shifts. With all these exchanges supporting PayPal accounts to purchase crypto, it seems like only a matter of time before Ledger and other wallets begin to support PYUSD as well. Currently, you can get your hands on some PYUSD on Coinbase, Kraken, Gate .io and Crypto .com if you don't want to buy it from the PayPal platform. Right now, we're a little less than a month into their release, so are people actually using it? Well, it seems like members of the crypto community have been a bit wary so far. The block reported that smart money is avoiding the coin and smaller investors are as well. And really, can you blame them? Most people are still traumatized from the Terra fiasco. And why would you switch your funds from Tether or USDC when they've stood the test of time? There have also been concerns about PYUSD launching on ETH and associated high fees. And there are real regulatory concerns here in the US. Congresswoman Maxine Waters, the top Democrat on the House Financial Services Committee, was quick to wag the finger at PayPal and yell, Shame! Shame on you! She's mad at business as giant as PayPal would move forward with a stablecoin without federal regulatory framework. She may want to point that finger right back at herself because the Fed is at fault here twofold. One, they allowed PayPal to get this giant. And two, they can't figure out how to actually regulate the space. Probably due to our officials being older than dinosaurs. Look at this! Are you kidding me? Another issue that has some worried is that PYUSD is centralized and has a sordid history of randomly freezing people's accounts. And last year, the company threatened to fine users up to $2500 to posting misinformation. After immense backlash, PayPal retracted the statement saying it was an error. The terms and conditions of PYUSD also state, PayPal can stop supporting the stablecoin at any time without informing holders. All of this has members of the cryptoverse worrying that PayPal would arbitrarily freeze or deduct PYUSD from their accounts just like the big banks are able to do. Well, don't freeze up yourself. Hit that like button and subscribe to the channel to discover more crypto. PayPal freezing accounts is not good. We want control over our funds and the right to privacy. But just for context, Tether and USDC are centralized as well. Tether is held by an international company, and USDC boasts BlackRock, Fidelity, and Coinbase among their investors. So nothing is totally safe. And while it's great PYUSD has added the trove of stablecoin options, the space really needs more decentralized stablecoins. Okay, so now I want to mention a few reasons PYUSD makes me feel bullish for crypto in general. Anytime a TradFi company gets into crypto signals wider adoption. And PayPal could be going after a completely different retail demographic for PYUSD, which would explain the slow adoption. But the coolest thing about PayPal launching a stablecoin is the ability to pay for things IRL without taking funds off the blockchain. You can already use PYUSD to pay millions of merchants through PayPal. This kind of thing has started on a small scale elsewhere, but PayPal is going to majorly increase mass adoption. I don't think we're far away from being able to pay our rent with crypto through Venmo or PayPal. And that kind of thing makes me bullish. It gives me chills up my spine. Guys, I can hear the bull market calling. Can you hear it too? And it says, Wind Moon. That's all for me. Thanks for watching Discover Crypto! Hit that like button on your way out. And we'll see you at the top.
Upcoming Book Signings With Mark Levin in NJ, VA & CA
"A meal you can enjoy yourself and get in line and we can all say hi to each other and by the way Ridgewood New Jersey September 23rd they have great restaurants in that town it's a fantastic little town it's a fantastic independent bookstore Barnes and Noble has always been supportive of what we do so there's that and then finally Saturday October 21 the Reagan Presidential Foundation now unfortunately we have a sold -out auditorium but there are still a few spots left I am told I checked yesterday from muckety the mucks there there's only a few spots left as I understand it from those who want to purchase a ticket you are insured a book and a place online so we can meet and greet and I can sign your book it's obviously expensive less than the whole four or five hours there and not only that I like the way they do it which is and most of them do it this way now you get frame a time you know need to be here I'm giving an example 130 to 230 so you're not necessarily standing there for five hours although I got to tell you people have met their wives and their husbands in lives these I mean before they were wives and husbands Mr. Badouz and they make dear friends so it's really an event every one of these all three of these they're really events and they're really fantastic so I hope you'll join us one of the things I'm hoping we're able to do it just because I'm competitive is that we knock off this guy I think his name is Walter Isaacson a so -called historian who was one of the advisors to Joe Biden who's sort of written this weird book about Elon Musk now can you I tell a
Monitor Show 14:00 09-13-2023 14:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV batteries' environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. Always. You know, you can get the latest news whenever you want it with Bloomberg News Now, something we want you to know about. Top stories from our global team of reporters with just a click. Get Bloomberg News Now on the Bloomberg Business App, Bloomberg .com, anywhere you get your podcasts. That's pretty stupid. Is that 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 eight ball. 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 on Bloomberg Radio. A .I. has its big day in Washington. Welcome to hour two of Sound On as the titans of tech gather on Capitol Hill for a special closed -door meeting with the entire U .S. Senate. As lawmakers try to get their arms around a fast -moving technology in the slowest -moving legislative body here, we're going to get an update from the Hill in just a moment from Bloomberg's Kaylee Lyons, who's been rubbing elbows with the likes of Elon Musk and Mark Zuckerberg for the balance of the day. Must have been something I said for the music there. Hardline Republicans, in the meantime, blocked the House.
The Coming Wave: Mustafa Suleyman Discusses His New A.I. Book
"Joined now by Mustafa Suleiman. He is one of the people who John Ellis says is the half dozen or so who actually understand artificial intelligence and what we're facing. He's also the author of this brand new book, The Coming Wave. The Coming Wave is, I have to say, sort of epic. Good morning or afternoon, Mustafa. I'm not sure where you are. Where are you today? Good afternoon, Hugh. Great to be with you. I am in New York today, so it's a lovely sunny afternoon. We are in the same time zone. Then I will let people know. We are taping this on Wednesday, September 6th at 5 in the afternoon. I'll play it on my radio show tomorrow and make the transcript available. Thank you for joining me. I did not plan, it wasn't planned, that you would come on to talk about The Coming Wave at the same time that Time Magazine has Elon Musk on the cover talking with Walter Isaacson about artificial intelligence. Did you have that planned that way for the rollout of the book? That was not planned, but you know, the timing is going to work out just fine, I think. It's pretty funny to see that come out. Very interesting. The synergy is very good. Now, when John Ellis, and I don't know if you know John, but he's a newsman's newsman. When he says a half dozen to eight people understand AI and lists you in that, is that hyperbole or is that an accurate statement? Well, I mean, I think there are lots of people who understand AI very deeply. I mean, the field is huge now, and you know, there are many, many people who've been working on it for some time, actually. I'm among the group who has been working on AI, you know, in the earlier stages in this new wave. So, you know, I started DeepMind along with two friends in 2010. And, you know, I guess it's almost been sort of 13 years or so at this point working in the field. But there are many luminaries above and beyond me, you know, many professors who have been in the field for 30 years or so toiling away. So I'm really part of the new generation.
A highlight from 1395: BlackRock Bitcoin ETF Will Send BTC to $1,500,000
"In today's show, we're going to be discussing Bitcoin liquidating $23 million in shorts as Bitcoin price tags a new September high. And check this out, Michael Saylor shares three catalysts which will take the Bitcoin price to $5 million per coin. Also quoting Ricardo Stellinas, the third richest man in Mexico, Christine Lagarde is a thief, Jerome Powell is a scammer, and they're pulling off the perfect fraud preach. And quoting Max of Central in South America, also breaking news just in, Turkish crypto exchange CEO sentenced over 11 ,000 years in prison for allegedly stealing $2 billion in customer funds. We'll also be discussing the institutions may be forced to fight over just 5 % of the Bitcoin supply. Can you say incoming? Bitcoin supply shock. We'll also be discussing when will we see a new Bitcoin all -time high? Will it be this year? Will it be 2024, 2025? I'll be breaking this down for you. We'll also be discussing now 10 years later, since the first Bitcoin spot ETF application and still no Bitcoin ETF, when is it likely to finally be approved? We'll also be discussing the largest asset manager in the world, BlackRock and their Bitcoin spot ETF can literally unlock $30 trillion into the crypto market, send in the Bitcoin price parabolic to $1 .5 million per coin. 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 crypto news alerts .net. So welcome everyone just joining us in the live chat. We're finally back in the green for the Bitcoin market, which is a good sign. Let's kick off today's show with our market watch. But first and foremost, welcome everyone. It's September 8th, 2023. I'm your host JV, and this is pod episode number 1395. As you can see here, we got Bitcoin in the green, trading at roughly 25 ,900 while Ether and BNB are still in the red. And checking out coinmarketcap .com, we're currently sitting just above that trillion dollar milestone, with about 28 billion in volume in the past 24 hours. Bitcoin dominance has been pretty stagnant, currently at 48 .3%, with the Ether dominance at 18 .8%. And checking out the top 100 crypto gainers of the past 24 hours, we have Kronos leading the pack up 3%, trading at 5 .2 cents, followed by XDC up 3%, trading at 5 .6 cents, followed by Stellar Lumens up roughly 2 .5%, trading just above 12 .5 cents. And checking out the top 100 crypto gainers for the past week, I'd say the majority are back in the red, but we do have some pumpers, including XRD now up 8 .1%, following by CRO up 3 .3%. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, yesterday at 41, last week a 40, and last month a 50, which is dead in the middle, neutral. So there you have it. How many of you have been taking advantage of this recent dip? Please do let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis. If you're just joining us, make sure to say hello in that live chat, and let us know where you're tuning in from. But yeah, let's check out these charts, Bitcoin extended volatility into the September 8th Wall Street Open as a classic short squeeze sparked new September highs, which you can see here in the Bitcoin, one hour candle chart, data from Cointelegraph and TradingView showed Bitcoin price movements liquidated in shorts and longs alike. Bitcoin has seen upside momentum the day prior, culminating in a trip above 26 .4 after the daily close, then a subsequent comedown nonetheless took Bitcoin full circle, and Bitcoin slash USD pair was back under the 26 ,000 mark at this time. Now, some analysts breaking down some of the charts here, such as Jelle says, whoops, let's take out the lows again, then. Hmm. Now the result was punishment for the late traders chasing the market up and down. According to data from CoinGlass, short liquidations total $23 .5 million for yesterday, September 11th. And thus far today, we don't know how long the tally is precisely, but probably even higher. Shorts have got hunted as expected. It's a popular trader scoop, quitting him here. Bitcoin Binance and Bybit open interest shorts got hunted and as expected. Note the over leverage added here, or I'm sorry, open interest added here with a small price reaction and decrease in the per bid delta. This implies that more shorts scaling into the price on the second dive higher. Now, fellow trader Dan Crypto Trades highlighted the significance of reclaiming lost ground from August, quitting him here. Bitcoin was finally able to break above the September monthly open after testing it numerous times. It is now retesting it. The question is, will it provide as much support as it did resistance? It's up to the bulls to try to maintain a green September. Meanwhile, CoinGlass data confirms September tends to produce a Bitcoin price downside of close to 10%, with market expectations skewed approximately for 2023. And quoting another trader, Crypto Tony, he says, nice rally off of 25 .6 range low, but no following through up to the range highs. So again, we're stuck mid range. No entry for me on Bitcoin unless we clear 26 ,600 as outlined here in this chart. Now quoting another analyst, Michal Vendet Pop, he says, technically speaking, we can solely focus on the price action in 2019, but that doesn't grant a clear case. The case in 2015, we can correlate the current market with that cycle, he said in his commentary. And he continued, in that regard, this is the final correction. Let me know if you agree or disagree with the analyst as he outlines here in this chart. He says there is a level in which Bitcoin must hold in order to avoid the significant crash. Bitcoin currently holding onto a significant level of support. It's around the 25 ,500 barrier, which has held up thus far. Do you think we're likely to drop sub 20 ,000? Let me know your honest thoughts in the comments right down below. And now let's break down the latest from Michael Saylor. He recently shared three catalysts, which will take the Bitcoin price to $5 million per coin. Catalyst number one, a spot ETF approval, which he says is inevitable. Number two, banks custody and against Bitcoin as collateral, which is coming soon. And number three, fair value accounting rules from the FASB, which will be approved this week. So there you have it. Very bullish sentiment coming from Mr. Saylor and massive shout out to Ricardo Salinas, the third richest man in Mexico. In this interview, here's what he had to share. Christine Lagarde is a thief and Jerome Powell is a scammer. They're pulling off the perfect fraud. So much respect and shout out to Ricardo Salinas for preaching the facts. And quoting Max Keiser, the high priest of Bitcoin, he says that President Bokele is the Warren Buffett and Elon Musk of Central and South America. And he's turning a $26 billion out of favor of phishing and Pupusa hub with some untapped volcano Bitcoin mining potential into a $300 billion mega success story that's transforming the region. So let's freaking go. Massive shout out to Najib Bokele. And now let's break down our next story of the day and discuss this $2 billion crypto scam. Could you imagine being sentenced to over 11 ,000 years in prison? Do they not understand the average life expectancy of a human being? I mean, who does that? But anyways, this is quite fascinating to say the least. Here's the guy right here, just in Turkish crypto exchange CEO sentenced to 11 ,196 years in prison for allegedly stealing $2 billion in customer funds. This story should have SPF ishing his pants considering SPF with FTX was a $30 billion fraud for Christ's sake. Facts. So yeah, let's break this one down. The former CEO of Turkish crypto exchange Thodex. And let me know if anyone has ever heard of the exchange. I never heard of it until today. The guy's name is Farouk Faith Ozer. He was sentenced to 11 ,196 years in prison by a Turkish court on charges of establishing, managing and being a member of an organization where qualified fraud and laundering of property values. Are you listening to SPF? Now, the ninth high criminal court sentenced him along with his two siblings to the same jail sentence of 11 ,196 years. Good Lord. 10 months and 15 days in prison along with a $5 million fine reported Turkish state run news agency. The Turkish crypto exchange was one of the largest digital asset trading platforms in the country before abruptly imploding in 2021. The exchange halted services on the platform without prior notice. And the founder fled the country along with the user's assets, totaling over $2 billion in crypto. And at the time, he refuted all claims of the possible exit scam. The fugitive founder was finally detained in Albania in August of last year, where he has been serving a jail sentence before he was extradited to Turkey in April of this year on charges of fraud and money laundering. The same charges SPF is against. Now, he was already in jail for failure to submit tax documents since July, while the most recent conviction comes for defrauding customers. The founder of the crypto exchange claimed in court that he and his family are facing injustice. He said that Thodex was a crypto company that went bankrupt and had no criminal intentions. A Google translated version of his court statement read, the following, I am smart enough to manage all institutions in the world. This is evident from the company I founded at the age of 22. If I were to establish a criminal organization, I would not act so amateurishly. The question is that, is it clear that the suspects in the file have been victims for more than two years? So he's allegedly claiming to be a victim. The long drawn out case against the Thodex crypto exchange had 21 defendants, five of whom attended the court hearing in person. The court acquitted 16 defendants of qualified fraud due to the lack of evidence and ordered the release of four defendants. The other defendants in the case received varying degrees of sentences based on their involvement in the crypto fraud. So there you have it. I mean, quite interesting to hear anyone being sentenced for over 11 ,000 years, and especially considering his siblings are also involved. Do you think they're just trying to make an example out of him? I don't know what to really think, honestly, because I don't know the guy. I don't know the exchange. I don't know if he's really innocent. I don't know if it's an attack. But what are your thoughts, fam? Let me know. And at the end of the show, I'll be reading everyone's comments out loud. But it does sadden me. I must say, hearing anyone get sentenced to 11 ,000 years in prison doesn't seem right. If you could only live approximately, what, 80 years, it just is a bunch of nonsense and sounds like they're trying to make an example out of someone. I say, if you want to make an example out of someone, use SPF, the $30 billion fraudster himself. Why don't we start there? You know what I mean? Just saying. Anyways, fam, now let's discuss the potential supply shock incoming as per Invest Answers as institutions fight for the final 5 % of the Bitcoin supply. That's right, citing an infographic from blockchain analytics firm Glassnodes stating that 95 % of the existing supply of Bitcoin has not moved over the past 30 days. Anonymous host of Invest Answers tells his half a million YouTube subs the Bitcoin needs to rally is a buy -side catalyst, quitting him here. Breaking news, 95 % of all the Bitcoin has not moved in the last 30 days. So again, despite the weak market, only 5 % is moving around with 95 % sitting tight. And we know why. But the real magic of this, imagine there is a catalyst and imagine big money wants to jump in and buy a truckload of Bitcoin. The price will just go parabolic. And that's just economics, ladies and gents. This is why I am so obsessed with Bitcoin. It is so scarce. So literally when the big institutions come and they are fighting over that 5 % and all the legacy holders are just sitting there watching anyway, it's a reason to be excited. And the charts don't lie as the HODL waves chart from Glassnodes shares here, literally 95 % of all the Bitcoin has not moved in the past 30 days. So shout out to all my long -term HODLers. The anonymous host also further says that the remaining supply of Bitcoin after accounting for the long -term HODLers and the lost Bitcoin is also yet another bullish indicator, quitting him here. The amount of Bitcoin that is either HODLed or lost or basically has not moved in the last five years is nearly 8 million BTC. That means technically only 11 million or thereabouts have not. And in fact, taking this five -year plus, it doesn't include all the Bitcoin lost over the last five years or less. So we just know it is super scarce. It is question, well, if it is so scarce, is that not bad? No, it is not. It means the price of what's left will go up and it won't take a lot to move it as well. So there you have it. And in this chart by Glassnode, you can see the 8 million Bitcoin HODLed or lost in the past five years, but only 11 million left as the smart money and the whales continue accumulating as they should. So there you have it. Let me know if you feel that Bitcoin supply shock is going to be incoming, this halving coming up in roughly six months, scheduled to be sometime in April 2024. Let me know your honest thoughts in the comments right down below. Now let's discuss our next story of the day and discuss when do you think the Bitcoin price is likely to hit that new all -time high? Well, let's break this down according to Crypto Con, a fellow analyst predicting all -time highs in 2025, which I feel is conservative. I think personally we're likely to smash the 69 ,000 all -time highs sometime next year in 2024. But let me know your thoughts, chat. Now amid debate over the nature of the current Bitcoin four -year price cycle, Crypto Con believes that all may be simpler than many imagine when it comes to how Bitcoin behaves at a given time. Unveiling the November 28th chart on X, he delineated the date of the key pivot point for the year along with a three -week period on either side, quoting him here, using four -year time cycles against my inception. The cycles are centered around the dates of the first halving, November 28th. And he continues, the Bitcoin price action began at the first bottom, October 8th, 2010. This is where cycle curves peak every four years. Tops and bottoms come plus or negative 21 days from November 28th at their appropriate times on the curve. Tops on the upswing, bottoms on the pinnacle. So the chart virtually describes November 28th as Bitcoin date. Bitcoin sees a Bitcoin bull launch every four years. The last was in 2020 when Bitcoin broke beyond his previous all -time high, hitting the current high of 69 ,000, which we did in November of 2021. The next point of interest is thus November 2024. Until then, Bitcoin price action will spend its time in a mid -cycle lull, according to the analysts. After Bitcoin bottoms, the price makes an early first cycle move, which you can see in this chart in the orange and enters into a mid -cycle. This is the longest part of the cycle where Bitcoin spends time around the median price, half of the previous all -time high until the curve bottoms. So ultimately, the median price of the previous high is probably in that $33 ,000 to $34 ,000 range, just FYI. But he did add that Bitcoin had almost certainly seen its early top, referencing the 31 ,800 local highs back from July of this year. Now, as reported by Cointelegraph, opinions on where the Bitcoin price action will go into the 2024 block subsidy having differ from analyst to analyst. Some argue that the modest gains will be all that the hodlers will see before the event scheduled for April of next year, again, roughly six months out. We also have Phil B. Philby, co -founder of trading suite Decent Trader. He delivered a $46 ,000 target for the halving with $36 ,000 slated for year's end. What are your thoughts surrounding these two targets? Do let me know. Meanwhile, CryptoCon summarized that 2023 Bitcoin's price behavior as a full market fake out, putting him here. This makes it appear as if the bull market has begun with the trigger of many signals. But then at some point, the price fails to continue. This is the most convincing example we have seen of this yet. And personally, I think there is still some time to go for that. And I am patiently awaiting its completion in which he shares alongside the Bitcoin one -day candle chart. Now, as we know, we'll see where the Bitcoin price is likely to go next. But now the million dollar question, when are we likely to finally get a Bitcoin ETF spot in the United States as they have been getting denied now consistently for over a decade with the first app being submitted by the Winklevoss twins, owners of the Gemini exchange? Because we all know fact there is a lot of money on the sidelines. In fact, analysts are predicting over 30 trillion will be ushered into the Bitcoin price and the market cap as soon as this does get the approval. But when is the million dollar question? So let's discuss when the spot Bitcoin ETF followed by a prediction of the Bitcoin price soaring 60x from the current price action to one and a half million dollars per coin. Then we'll dive into our live Q &A. So the first spot Bitcoin ETF app was filed in July of 2013, literally over a decade ago. Fam, I'm not exaggerating. It was denied in both 2017 and 2018. A decade has since passed since the initial app. Now the SEC had rejected more than a dozen additional apps and repeatedly punched the date for deciding on others. I'm sorry, punted, meaning they continue to push it back. The ETF saga's latest interaction saw Bitcoin jump more than 6 % as industry advocates celebrated a court ruling that affirmed what we already knew, that the SEC's rejection of the Grayscale ETF app was arbitrary, 100%. This was of course followed by the SEC delaying its decision on all seven pending Bitcoin ETFs and a subsequent price drop. Now we wait as the SEC deliberates on its next move surrounding the Grayscale pleads for approval. Now to a degree, the case for Bitcoin ETF makes sense in the spirit of adoption. The $7 trillion ETF industry is ripe with investors still on the crypto sidelines awaiting for a product that would grant them Bitcoin exposure without having to buy Bitcoin directly and set up a wallet. Plus as a community that's fought long and hard to have digital assets taken seriously, the crypto world is inclined to welcome the validation that the United States ETF would signal. 100%, when are we going to get that? But crypto, Bitcoin especially, is predicated on the need for an alternative financial system, one that enables the financial sovereignty, transparency, and consensus that traditional finance is glaringly lacking. The crypto industry's eagerness for an SEC ETF approval feels like a step backward akin to the American revolutionaries begging parliament to intermediate colonial tax collection and rejection of its imperial rule. And as Michael Saylor points out here in this tweet, BITO had underperformed Bitcoin by 28 % year to date. This is why we need a spot. Bitcoin ETF preach. And again, Michael Saylor says the Bitcoin price can soar to $5 million per coin just on the back of the three catalysts I mentioned earlier. And mainstream adoption is a ubiquitous goal amongst crypto champs. And the SEC sign off on a Bitcoin vehicle that resonates with trade fi is ostensibly a fast track right to it. But fighting for approval from an opaque centralized agency for an intermediated investment product belies our industry's purpose. And frankly, it's unnecessary preach. The irony of cautious investors waiting to buy Bitcoin ETF shares rather than taking the safer route of buying Bitcoin directly is palpable. ETF bears many layers of counterparty risks, including the sponsor custodian and other partners. We saw how catastrophic this type of risk can be to crypto during the latest contagion when customers lost more than $10 billion within months because they trusted third parties. Now, though the contagion appears to have dwindled, the major takeaway remains. If you don't have the private keys to your Bitcoin, your assets aren't in your control, and they may not even exist. Facts, not your keys, not your cheese fam. As we preach here on the channel, those of us who witnessed the fallout up close know this, but investors who have been waiting on the sidelines for the ETF likely do not. It is our job as industry builders and veterans to help the newcomers understand the new degree of security and risk aversion that Bitcoin technology enables. The downside of a spot Bitcoin ETF runs deeper than the conceptual contradiction of the unknowingly purchases of a riskier investment. The potential cost of the crypto movement is immense. Take, for example, BlackRock iShares Bitcoin Trust, the announcement of which drove the Bitcoin price to one -year high in June. However, perhaps blinded by the prospect of monumental institutional inflows, much of the Bitcoin community, myself included, has thrown its support behind BlackRock's iteration of TradeFi 2 .0 haphazardly disguised as Bitcoin conviction, and buried within BlackRock's submission is a clause on hard forks, which you may not know about. Quoting them here, the sponsor use is discretion to determine which network should be considered the appropriate network for the trust purposes, and in doing so may adversely affect the value of the shares. There is no guarantee that the sponsor will choose the digital asset that is ultimately the most valuable fork. The sponsor may also disagree with shareholders, the Bitcoin custodian, and other service providers, the index administrator, crypto exchanges, or other market participants on what is generally accepted as Bitcoin and should therefore be considered Bitcoin for the trust purposes, which may also adversely affect the value of the shares as a token. However, the sponsor uses the consensus mechanism for a protocol that has already been well -defined and battle -tested mechanism. So it's going to be interesting to see how this all plays out for the major institutions around the world. We know the BlackRock track record is literally 575 to one, meaning the SEC have approved 575 ETF requests, and I've only ever denied them of one. The possibility and likelihood of an ETF being approved by BlackRock I'd say is extremely high, but it takes us back to the million -dollar question, when? If I was to put a date on it, I'd say likely. Sometime in 2024, as ETF experts and analysts are currently predicting, including Eric Valchunas, says there is a 95 % chance of a spot ETF being approved in 2024, and I believe he gave it a 75 % chance of still being approved by the next deadline, which is October. Putting on my Nostradamus hat, I think Gary of the SEC are going to likely push back and punt the deadline once again until next year. But that's my two Satoshi's. Let me know your thoughts, fam, in the comments right down below. And now let's break down our final featured story of the day, and that's the BlackRock Bitcoin spot ETF unlocking literally $30 trillion of value into the crypto market cap. That's right. According to Bloomberg, ETF analyst Eric Valchunas' approval of a Bitcoin ETF could potentially be the game changer in unlocking vast reserves of capital for the crypto market. His analysis estimates that $30 trillion worth of assets controlled by the US financial advisors could be funneled into Bitcoin investments if a spot ETF green is signaled by the US SEC. So let's discuss this domino effect of BlackRock's controlling over $9 trillion in assets under management. We all know they submitted their app for the Bitcoin spot ETF last month, significantly shifting the probability landscape. According to Valchunas, the chance of a spot Bitcoin ETF approval soared from only 1 % to over 50 % following BlackRock's involvement. And as I broke it down for you, he's now saying 75 % chance this year and 95 % chance next year. And quoting him here, their application triggered a wave of similar filings by other prominent firms, such as ARK Investment, Valkyrie, and Fidelity, setting the stage for a highly competitive environment. That's right. Now, Fidelity, I believe, is the second largest asset manager in the world that currently controls over $4 trillion in assets under management. And although Bitcoin futures ETFs do exist in the US, they pale in comparison to what a spot ETF can bring to the table. So currently, these futures -based ETF accounts for only about $1 billion in total assets under management. Valchunas describes the approval of a spot Bitcoin ETF as the holy grail that would dwarf the current offerings and galvanize the crypto market like we have never seen before. So send it and let's freaking go. Also, a spot ETF would not only benefit Bitcoin, but also serve as a boost for the rest of the crypto industry, solidifying the assets class position and mainstream finance. And as they say, a rising tide raises all ships, so not only Bitcoin, but the entire crypto market would obviously benefit the approval of a Bitcoin spot. ETF stands on potentially transformative moment for the American market, with at least 10 firms currently in competition, and astronomical sums are at stake. The race is currently heating up. BlackRock haven't already partnered with Coinbase in 2022 to offer institutional clients crypto access to launching its own spot Bitcoin private trust, appearing to be at the vanguard of the financial revolution. So with trillions of dollars in play, the implications for Bitcoin and the broader crypto market are currently colossal. The clock is ticking and the world watches with bated breath as regulatory decisions loom on the horizon. So there you have it. I also want to mention, if you'd like to watch this, Eric Valchunas, the analyst from BlackRock, talking about $30 trillion entering the market upon the approval of an ETF, check the show notes below the video in the description. And I also want to talk about, off of the news, which was shared last year, that BlackRock could team up and partner with Coinbase as a custodial, we had some predictions of a $773 ,000 Bitcoin price. So I'd like to break down the math and where these numbers have come from. So quoting Invest's answers from his forecast, which he made on his channel, that Bitcoin price is going to go parabolic off of this news, quoting him here, if BlackRock were to place just a half a percent of its assets under management, Bitcoin's market cap would be affected by an increase of over a trillion dollars. This would add about $75 ,000 to the Bitcoin price. Bitcoin, which is in the $23 ,000 band at the time he made the prediction, will make its way to about $98 ,000 per coin. This is 326 % more than today's price. And it is very, very achievable. So let's talk about it more long term. So he also stated that if BlackRock stands out with an asset value of $10 trillion, put 1 % of their funds into Bitcoin, the leading crypto would be worth more than $150 ,000 per coin, quoting him again, now if they allocate a 1 % stake, which will of course take time to reach this level, that would add about $2 .1 trillion to the market cap and $150 ,000 to the Bitcoin price. And that would push Bitcoin's future price to $173 ,000 per coin. The profit for Bitcoin here is 652%. And the analysts also stated the Bitcoin can rise to as high as $773 ,000 if BlackRock allocates just a 5 % share. But on the other hand, this estimate can be considered to seem quite maximalist in the current situation. However, according to the crypto analysts, between the next three to five years, the price will be achievable at these levels, quoting him again, if as analyst Dan Tapiero said, they add 5%, which I think is very aggressive, maybe with time, maybe in the next three to five years, it will be possible. This will quite easily push the price of Bitcoin to $773 ,000 per coin in the next three to five years. So there you have it, fam. Let me know if you agree or disagree with the analysts. Do you think the approval of a spot Bitcoin ETF in the US will help usher in literally, literally $30 trillion into the market considering the current Bitcoin market cap is only $500 billion? That's roughly 60x. So if you take today's price of $26 ,000 and times that by 60x, we get above a $1 .5 million Bitcoin price. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. Thank you.
A highlight from All-In? We're Out: Why the All-In Podcast is Bad for America
"Welcome back everyone, I am Cas PNC, I'm joined as usual by my partner in crime, Mr. Bennett Tomlin. How are you today? Well I was just able to get out of a position in some unvested tokens I wasn't really a fan of anymore, so I'm feeling pretty good all things considered. That's awesome news man, I hope it wasn't Cas coin. We are, he's bringing up that topic because we're talking about possibly four of my least favorite people in the entire world today. We are talking about the hosts of the All In Podcast. Now if you're unfamiliar with the All In Podcast, god bless you. You probably just want to turn this off and skip it because you know what, you should never ever listen to them and just move on with your life. However I think a lot of people, especially people who listen to our show, are likely familiar with the All In Podcast and the hosts who are, let's go through them one by one, Chamath Palihapedia, Jason Calacanis, David Sacks, and David Friedberg. Now I decided that we needed to do an episode about these gentlemen because Chamath has been an asshole on Twitter a lot lately, and that's it. He basically, he triggered me to force Bennett to discuss these fellows. So I'm going to go ahead and just jump into that, which was he tweeted at this guy who said, hey man, I'm not using exacts here, but this guy basically said, hey man, how's it feel to be a billionaire after having made all this money off the backs of retail investors and scammed a bunch of people with your dumbass SPACs? SPACs are Special Purpose Acquisition Companies, that's what it stands for. It was this, I guess it's still going on kind of, but it was a bit of a fad over the time, onto stock exchanges, whether it was the, you know, New York Stock Exchange or NASDAQ or whatever. And Chamath was one of the people doing it all the time, and almost all of them had basically just done terrible. So this person asked Chamath this question and Chamath's response was, I'm in the arena, as though he's a goddamn gladiator in Roman times, which is just unreal. Like, we don't know at all, like comparing any of our existences to what it was like for gladiators in the arena, especially a billionaire who's just investing in shitcoins and fucking, and crappy investments, like what an unreal statement. You're not allowed to say you're a man in the arena until you lead the Rough Riders in the Spanish American War, everyone knows the rules. I even read a substack this past week where someone who notoriously sides with venture capitalists, like a journalist who basically writes for venture capitalists, even he was like, Chamath, what the fuck, man, like got to apologize for this. Like you, you are celebrating, you're celebrating shitting on retail investors. You're celebrating stealing money from the everyman and you're owning it. Like you're owning it, saying it's fine and suggesting that like you are the gladiator for destroying the common man. And it's just like such a weird flex. Well, and just to kind of add on to that, did you realize just how much money he made from some of his specs? Oh, it's almost a billion dollars. Yeah, like he sold his stake in Virgin Galactic for $213 million. It's now down like 95 percent from peak or something like that. Clover, he had an original $25 ,000 investment that he sold for $290 million. And it's also down like 94 percent from peak. He made a ton of money on these companies, which the market seems to have determined as soon as he dumped his stakes were effectively valueless. And I know he was involved in SoFi or whatever, too, which is doing better than these ones. But it struck me at just how massive those numbers are. Do you remember during the GameStop mess when Robinhood closed down their trading for a little bit, he sent a bunch of people over to SoFi saying like, Robinhood is selling your order flow to Citadel Securities. You should come trade it SoFi instead. And of course, SoFi was selling all their users order flow to market making firms. Anything for cash. So I fucking fly home from Italy. From Italy. Get back in the arena. At 35 ,000 feet, I decide to troll the mids. We'll talk about that later. But anyways, sipping a beautifully chilled white burgundy. So that was his first kind of strike recently, recent strike. But then he did something that really fucking pissed me off. And this is you got to go on this show. You got to join Joe Wiesenthal and Tracey Alloway, who host the Odd Lots podcast, which if you're not subscribed to, fantastic podcast, go listen to it. It's really like if you're interested in any random finance topic, they probably covered it and you should find that episode and listen to them because they're super informative and fantastic. Someone said, because Joe posted, Joe posted on Twitter and said, one of Chamath's SPACs had gone down 93 % since he had shilled it. And someone said, oh, and someone, yeah. And someone said, okay, so Chamath, are you going to go on the Odd Lots podcast? And he said, why would I go on a podcast no one listens to? Which is just like, dude, not only is it obviously not true, this is one of the most listened to financial podcasts in America, in the world, but also is just so cringe to have that as your response. It's so like, I'm rubber, you're glue kind of fucking kitty bullshit that it incensed me enough to be like, we got to talk about these guys. I fucking hate these guys. So that's where we are. Where do you want to start with these fellows? Because there's a lot, there's a lot here. It's almost overwhelming to go over some of the details about these things. So I think we kind of just need to start a little bit with some of their backgrounds, right? David Sacks and Jason Calacanis are both members of the PayPal mafia, right? They were executives involved in various ways with PayPal. And when that was initially bought out, this group, including Peter Thiel, Elon Musk, Reid Hoffman, and a bunch of these other folks became very important in Silicon Valley because they were rich. And that's how you become important in Silicon Valley. Since then, they have two varying degrees and slightly different depending on which member of the mafia you're talking about, grown in self -importance to an almost preposterous degree. And what I think is especially striking about many members of the PayPal mafia is they have not shied away from using their money to get involved in other things, especially politics and other societal issues. For David Sacks and Peter Thiel, this dates back to the book of rape apologia they wrote in college. For Jason Calacanis, he's involved in a variety of nonsense political movements. David Sacks is contributing to a bunch of idiots in various political races that he wants to support. And broadly, many of these individuals have shared opinions that range from the stupid to the abhorrent throughout their entire careers with extra consideration given to these meaningless thoughts because of their wealth. And I think that's kind of really the issue with them is that they are given consideration for stupid objectively things because they are objectively wealthy people. Yeah, it's kind of a double edged sword here, actually, because I think that in some sense, these guys represent to retail and, you know, plebes like us, these guys represent, you know, these are the wealthy, these are the wealthy people, they're speaking on behalf of the wealthy people. And then on the other end of that, I think it's funny because it's not like, not that I think venture capitalists in general kind of suck. But the truth is that not all venture capitalists suck, and not everyone in Silicon Valley sucks. However, these guys, by being the loudest, most obnoxious people coming out of venture capital and coming out of Silicon Valley, they become the voice of all the venture capitalists. And so now they represent those people, whether they like it or not. And so here it is, it's this double edged sword. On one hand, you have retail going, oh, these guys speak for all venture capitalists. And then on the other, you have venture capitalists going like, I wish these guys didn't speak for us, but they do. And I think the other thing is just how much of their shtick is like just so clearly a performance, right? Like we're talking about billionaires and centimillionaires. I'm not sure if they've all hit the billion mark, Friedberg especially. But these are incredibly wealthy individuals. And in their last podcast episode, I think it was the last one, they spent 40 minutes reacting to the song Rich Men North of Richmond. And because of this, the top 20 percent, the top 5 percent have acquired an outsized amount of the assets and outsized amount of the income, as we all know and have all benefited from. And the vast majority of Americans that have been working, I have a question for Friedberg. Friedberg, do you think that we should implement policies to change the lines on this graph? That's exactly what I was going to ask. Yeah, right. Which is them.
Jonathan Greenblatt Advocates for Censorship on Social Media Platforms
"Matters where's this guy jonathan greenblatt he is obsessed with elon musk and twitter listen to this guy talk openly about colluding with a bunch of social media companies to police what he thinks is hate speech and conspiracy theories which are conveniently anything involving a non -liberal listen to this the adl our center for technology and society works actively with all all the kind of companies of silicon valley from apple to zoom if you will from amazon to microsoft to meta and indeed to twitter we've dealt with them for years helping them tackle the challenges of hate speech on their service we point things out we share information but what we've said again and again and and i've had the privilege to speaking directly to elon a few times the reason why we are so concerned is because we think twitter is such a consequential service and again allowing people who created the toxicity on the platform that led to real world violence keep in mind that the theories dominated that on twitter for so long exploded in places like pittsburgh poway el paso and of course ultimately in washington dc on january the sixth conspiracy theories leading to violence you mean like the massive threat matrix profile going on against donald trump right now because people out there call him a fascist and a nazi are you talking about the the conspiracy theories that got people attacked and beaten for not wearing masks although their talisman businessmen like powers don't exist at all what are you talking about conspiracy theories like hands up don't shoot which never happened and led to a bunch of riots what are you talking about conspiracy theories like trump colluded with the russians to steal an election what about that what about the violence in 2017 january when trump was
A highlight from Solana Is Back! (Top Crypto News)
"Welcome to BitBoy Crypto! Home of the BitSquad, the largest and greatest crypto community, and all the Interwebs. Come to us if you want to discover all things crypto. It is September 5th. It's 11 .31am. We got AJ on the side. AJ, how are you doing? How was your three -day weekend? It was awesome, actually. I had a really, really good time. Jada's back from the West Coast, and we just kind of hung out, went shopping, got a bunch of groceries, you know, just did the normal, normal, normal weekend. So you spent like $2 ,000, $3 ,000? Nah, like $400, $500. Okay. But it's still, you know... It's still a quarter ETH? Yeah. Still a quarter ETH. But hey, no big deal. Drew, how was your Labor Day weekend? It was real good. Real good. Lots of work, a lot of trees cutting, a lot of things moving. I'm making a road. I'm moving and building in. All right. Guys, we're going to be talking about Solana and the stablecoin, of course. We got some Bitcoin news as well. Also, China dumping. What's happening with that? Jim Cramer just turned bullish on this top 10 altcoin. Guys, we're not kidding. We're going to talk about that as well. Should you start selling? Is it a short? Is it a long? Also, we got some Elon Musk stuff, and also Cassio, huge watch guy, G -Shock, partnering with Matic. That's pretty big news. And we're going to talk about Gala as well. Then we got the X news, and Deasy has crazy, crazy life news, folks. I just posted something up. Some of you who follow me on Instagram or X might see it as well. All right. We're adjusting the camera for AJ. Okay. Okay. AJ, you're just too tall. Just a tall strapping lad. I should try. Should I scoot down? Okay. I'm good. I'm kidding. We're good now. Guys, make sure you're following us on YouTube. We've got a lot of great videos coming out. We're going to keep putting out the awesome stuff. We just got some BNB stuff you're going to want to make sure you follow. Let's get right into the crypto market cap, though. Look at coins, AJ. Look at the number of coins. You see that? So many coins. Let's just stop, everybody. Just stop. No more coins. Of course, we know there's tens of thousands extra besides not listed here. Market cap is down. I kind of want to hit refresh. Just make sure we have that fresh, fresh data because Deasy just turned the market green, folks. That's the power of Deasy. That's the power of you hitting that like button. Now we're coming up 0 .2 % to the upside here. It is 1 .8 trillion, essentially. 24 -hour volume looking pretty good for a Tuesday off a holiday weekend, 45 billion. Bitcoin dominance, 46 .3. Tim is sick. He's working from home. If you watch the Investing Bros, you probably saw him. He was in his basement, his bunker. He had like a towel on his head, a big box of tissues the whole time, but he still brought the alpha, though, for sure. Did he get COVID from Jill Biden? Oh, I hope not. I hope not because he has a baby. Let's hope it's not COVID. It's just normal, human sick, nothing crazy. Yeah, let's just hope it's normal. I think he can fare better as well as the baby better than people in their 80s, though. Gas is really, really low, folks. If you're looking to get into some alts, I will say this. I peeled off, put some back into some ETH this morning. I'm not going to say what, but I did grab some ETH this morning. Peeled off a quarter, quarter ETH, aka AJ's grocery budget there. All right, let's look at the coins in Bitcoin is down 0 .4%. So what does that mean? It means the other coins are going to be picking up the load here. So we have Ethereum. It is up 0 .4%. We have XRP up 0 .2%. Cardano almost up 1%. Dogecoin up 1 .6%. But then Solana kind of taking it home here. It is now 4 .1 % to the upside. Ton coin fell a ton. It is down 6 .4. Polygon also picking up some good news with the watchmaker. You might be g -shocked to see it go up 2 .8%. All right, let's look at the top gainers, everybody.
A highlight from 95 - Greyscale's Legal Slam, Musk's Crypto Tease & BitBoy's Dramatic Exit: Crypto's Tumultuous Week
"Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go -to source for all things cryptocurrency, whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus we'll share quick bites of news and insights that you won't want to miss. If you're new to the world of crypto, we recommend starting in our early episodes where we break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll talk about the SEC's loss in court to grayscale and the Spot ETF deadline news. Twitter or X as it's now known's application for a digital currency license, as well as his own brand for some less than honest behavior, plus so much in the short, sharp news bites. So please stay around to the end. My name's Tracy and I'm joined by Blake and Craig for this week's crypto catch up. Hey guys, how are you going? Very well, Trace. How are you? Very well. How are you going, Craig? Good, thanks. My favorite topic today, regulation, but we'll get into it. It's always some regulation talk, but I mean, you know what? It's getting interesting because it's about ETFs and exciting things that mean crypto pumps down the way. So should we crack in? Not financial advice. Not financial advice, never financial advice. Let's do it because this news broke basically after we finished recording last week. The biggest news of the past seven days was another crushing defeat to Gary Gensler and the SEC, this time against grayscale investment funds. The US federal court ruled that the SEC acted unfairly in denying grayscale's request to turn its grayscale Bitcoin trust product into an ETF. So the long awaited decision provided a pump to the prices across the board in the crypto market and even the crypto related public equities like Coinbase got a bit of a pump. So everyone was pretty excited, weren't they, Blake? That's right. So just for a little bit of context, grayscale Investment Trust, I think holds currently three to five percent of all the Bitcoins. And it's basically like an investment fund that they're looking to get listed on the Nasdaq to be freely traded and it's going to attract a lot of capital to the space. And, you know, this was favourable because, you know, previously the SEC had just denied the application and now the court has ruled that they've unfairly made that denial. So this is very, very positive for the sector. Not only does this help grayscale's case, but likely to help other applications for the Bitcoin ETFs. And as we know, there's about seven others that are currently or maybe even more that are going through the process of trying to get approved for a spot Bitcoin ETF. So not really exciting stuff, but I must say the SEC will fight tooth and nail to continue to kick this down the road with every lever that they have available to them. And that looks like what they've done here. They've kicked the can down the road another 30 days before they have to make a decision. I have no doubt they'll be doing it again. But since that news, the SEC has come out and said they're delaying all applicants of the Bitcoin ETF until October. So a few weeks ago, we reported on ARK Invest, they were the only one that copped the delay, but turns out all of them will now cop the delay. So this rained on the parade somewhat, and the short -lived pump was, what, two or three days worth, and then it just came back down to where it was before. So of a pump and dump chase. Yeah, so just going back to grayscale and what that means, their petition, they've been granted a petition for review. And what this means is the SEC now needs to review the application again and either accept the application or pick a different reason to deny the application, which will drag this out even longer, appeal the court's decision and try and get a end back review, which is apparently a fancy legal term. So that's the three options there. But, you know, either way, like Blake said, big win for the industry. And I think this just proves the fact that the SEC isn't the be all and end all. You know, you can fight this. Yeah, and it's really great to see that the court system has a level of independence here that hasn't politicised other government factions. And the market is still so sensitive on this news, like this came out, bam, five percent pump, then the other thing came out, five percent decline. So the market just seems like we're waiting on what direction to take and any of these catalysts are providing, you know, huge movements. And like we said, now it's just been the can has been kicked down the road a little further, another 30 days into mid -October until we'll have any more information and we will keep a keen eye on that, folks. Moving on, Elon Musk's ex, formerly known as Twitter, moves closer to crypto payments with a new state licence being granted. Regulators from Rhode Island have approved X's application for a currency transmitter licence over the last week, Craig. Yeah, so Elon's spoken about making X a WeChat sort of application, which of course involves payments. But here's what you need to know about this scenario. So the licence required for companies conducting financial activities on behalf of users sending and receiving money, the licence lets companies store, transact and exchange digital assets and the licence also includes service providers like crypto wallets, payment processes and exchanges. So he's taking small steps to integrating crypto in the platform. And as we know, I don't want to be a sceptic or a conspiracy theorist, but he is bullish on Doge and he has spoken about or joked about integrating Doge. So it could be that obvious trace. What are your thoughts, Blaine? Yeah, that's right. Initially, I think it's just going to be regular payments, but over time, I think it makes sense for them to also integrate cryptocurrency payments as well. We know Elon is fond of crypto, so it just makes sense. And I think this is a big win. But, you know, there is there's lots of competition out there. There's CashApp, VMO, there's VMO, PayPal. Yeah, that all provide cryptocurrency trading and investing and buying and transferring. But I suppose what's different about X's proposition is that it's also a social media platform. And this is, you know, I think maybe Meta or previously Facebook maybe approached it a little bit wrong. With Libra. Yeah, with Libra. And it sounds like Elon will execute. You know, he's the founder of PayPal. He understands internet banking and payments. And I think he'll execute like he executes on everything else. Yeah. So this is important and necessary in the steps forward that Elon is pushing for X to become the everything app, which he's he's pushing for. And we'd expect crypto and fiat payments to become part of that. And you've mentioned obviously a minute ago, Craig Doge, he's you know, he loves. So I think everyone's talk recently has been when he does this, what will be the tokens in there? Because everyone said X and now there's XRP and Doge. And he's even hinted at Shiba at some point. So there's the guess now. What will be the crypto token that he will use? Let us know, folks. Send us an email. Well, Trace, what do you think? Do you think you might allocate some cash to Doge after this news? You know what? Not financial advice, folks. But I do potentially think Doge and we do have a little side bet going with our with our friends at Equity Mates with Bryce and Alec. And we did say at the start of the year that we did tongue in cheek think Doge might be one of the best performing assets of the year. There's a bit of a joke. Look, I don't know that he'll be making any head roads into this by the end of the year. Like Blake said, I think it's going to be fiat first and we won't see any cryptocurrency trading or being used on the X app for quite some time. But my money would be on Doge. But he's got the license. So it is going to happen eventually. You know, as we know, the favorite bull market indicator for me is when Doge has a pump. That's when you know that we're back. So, yeah, let's keep an eye on it. But then again, Trace, Doge didn't move at all after this news. Which I thought was very surprising. It hasn't on a lot of his comments recently. Gone are the days of Saturday Night Live where he's on there and we have like a 20 percent pump. It's just not like that anymore. Good times. Good times. Let's move on boys. It feels like there's been a long list of shady crypto characters getting their comeuppance this past year. Doquan, SBF and a few other dudes. But there's one who's facing his consequences over this past week. Ben Armstrong, also known as BitBoy, has been ousted from his own brand. Ben was removed from BitBoy Crypto by parent company BJ Investment Holdings due to alleged substance abuse and harm to employees and the community. Craig, what else do we know? Yeah, so BitBoy Crypto, he's been in hot water for a long time. He actually had his media kit leaked, which actually was giving projects prices on what sort of promotion that he would give them. But what we can gather from information that's been filtered out by the staff and insiders is they've kicked him out for various reasons, harm to employees. But he's also done extensive promotion of unvetted tokens. He had a lack of transparency regarding his personal holdings. And he promoted coins and tokens in his video only to sell them after his viewers started buying without disclosing his intentions. So typical grifter. And you know, it's good that these guys are getting weeded out. And look, we were talking about this. He was obviously, for those who might have remembered him off, chasing down Sam Bankman -Fried as the big baddie member. He went over there. Yeah, he was the hero. And even the hero is a scammer. And you might recall, folks, we talked about Ben .eth token a little while ago, which popped up and he shilled that one to his users. And that was a bit of a nail in the coffin, too, because that didn't go too well. But the proof is in the pudding here. We look at his views and they were up around 250 ,000 a year ago. They went down to 120 ,000. And you know, the last six months, he's only getting 20 ,000 views. He lost his audience. They just lost trust in him because of these pump and dumps. So, you know, it's good to kind of shake out this kind of behavior from the market. And I just wanted to put it to you both that I feel that, unfortunately, we'll see a fresh bunch of this coming through. A hundred percent. Because we're going to get, you know, an influx of new retail people coming through that don't know what to look out for. And there'll be another BitBoy Ben coming up and doing the same thing. Yeah, that's definitely one of the challenges. We've been in the space for a little while and we see these characters come in and out of the sector and it's quite obvious, you know, they all display similar traits about their behavior and how they project in the marketplace. And, you know, they gather big followings and it's very hard to convey to people that follow them that, you know, they might not have the best intentions or, you know, they might be doing something against, you know, what they say that they're doing. So, yeah, I think you're right. Trace, more and more will come through, more will gain popularity with new narratives and then churn out, hopefully sooner rather than later. It's a bit of a double -edged sword because, you know, back in the bull market, BitBoy would be shilling these projects that would go to do ridiculous percentage numbers because people are following the trade. And then obviously they're the ones that pump the hardest, but also the ones that dump the hardest. But BitBoy is obviously laughing because he's selling into his audience. As you mentioned, Trace, there's decrease in views like probably to do with the market cycle as well. Like the big guys, like even locally, like the Pacino Brothers, you know, they produce some amazing content over the last bear market and now the next bull market, they've obviously become popular. So there'll be a bunch of new people now that are making content right now that will become very popular. And in saying that, though, there's great content. You can tell which ones are good and which ones not. Like I just mentioned the Pacino Boys. They're very technical. They talk about Bitcoin and ETH, but someone like BitBoy, which is shilling Ben token, like big red flags. And, you know, I'm really a big fan of Guy from the Coin Bureau. He doesn't shill anything. He just gives you good information, you know. And Ben Cowan, he just talks about the big two. He's very technical as well. And that's it. And we're all about the big two as well. Bitcoin and Ethereum. We talk about all these other coins on here, but really for noobs getting in, even for not noobs, like 75 percent of my portfolio is Bitcoin, Ethereum. OK, with that, let's go to a break. When we come back, a short, sharp news bites.
A highlight from Who Is Worse? Blackrock Or The Catholic Church (Biggest Money Cartel In History)
"Are you ready to wage a war without end against you? Are you ready to wage that war armed with nothing but bottomless poverty? I didn't think so. In that case, stop talking bullshit. And get yourself some shoes, because the air in here is unbreathable. Money corrupts, and that's not news. Today, it's Black Rock, Vanguard, and State Street. But not too long ago, there's an entity that held even more power than those multinational conglomerates. We're going to take a step back in time to the Catholic Church of the Renaissance and learn how it basically controlled everything it touched and how the game has stayed pretty much the same through the 21st century. We may just find similarities to how banks, hedge funds, and the uber wealthy elite wield political power today. Let's get it. Now, before you get your commenting fingers twitching about how I'm being mean to Catholics, know that I'm just talking about a political institution 500 years ago. I'm not talking about Catholicism as a religious practice or the church today. You do you when it comes to religion. This is America. Okay, now let's get back to the Renaissance. One big similarity the old school church has with our tradfi overlords is the emphasis on secrecy. Both institutions are shrouded in mystery. No one really knows their entire net worth or their intentions. Well, other than maintaining the status quo so they can rake in as much money as possible, both the Catholic Church and the banks have covered up scandal and corruption time after time so they can continue business as usual. Back in Da Vinci's time, there are all sorts of rumors of popes and other church officials not exactly keeping up with the Christian morals they were preaching. There is abuses of all kinds, incest, orgies, mistresses, bribery. We're not even talking about the polycule. You name the sin, the Renaissance popes were probably doing it. There is even a pope who supposedly drank children's blood. And that same corruption seems to be rampant within the banks and hedge funds in modern times. JP Morgan was found to be handling the payments between Epstein and the people he was trafficking with. In fact, the number of billionaires with connections to Epstein are startling. What were you doing on the island? And we'd probably hear more about similar corruption and scandals within Black Rock, Vanguard and State Street if they didn't own basically every news organization in the US. But we'll get to that a bit later. For now, the big boys just pay a lot of fines for doing bad things. And that brings us to the first tool you need if you want to control everything. Here's a hint. It's all about the money. Have you ever heard the phrase, money is power? Well, I'm pretty sure the Renaissance Church invented that concept. Most economists reckon the wealth of the modern day Catholic Church is actually immeasurable due to all the priceless artwork, artifacts and the money laundering going on. And the reported $30 billion net worth is still high despite countries going through a Protestant Reformation during the Renaissance and subsequently reclaiming church lands. So just imagine how much land and property the church owned back when Catholicism was the only thing on the Christian menu. Although it's really hard to know for sure just how much cash the pope was raking in during the Renaissance, economists estimate it would be a little over $40 million annually in today's terms. And remember, this income doesn't include the land or artwork they're receiving as gifts or claiming by force. This gave the pope the kind of capital countries are usually playing with. And thus, the church had the same power as monarchs. Some would argue even more. And folks, we may have ditched the funny tights and corsets or maybe you have, but we have the same kind of issue today. Vanguard, Black Creek and State Street manage almost $20 trillion, which is almost more than the U .S.'s GDP. And not only do they control more wealth than most countries in the world, those hedge funds are also managing wealth for countries, which creates a vicious, incestual cycle of corruption. Back in 2016, Forbes reported that the wealth gap is worse today than it was in the Middle Ages. And that's not very hard to believe when we know the top 1 % holds 15 times more wealth than the bottom 50 % of America. And during the COVID lockdown, the 10 richest billionaires doubled their fortunes, while 160 million people fell into poverty. So how did both the uber wealthy of the modern day and the ancient Catholic Church amass this kind of wealth? Well, the church had millions of people tithing 10 % of their income. Doesn't this sound a bit like the interest we pay banks on loans and banking fees? And 10 % is nothing in comparison to the types of interest we pay just to exist in the modern world. The highest credit card is over 30%, and most of us are paying somewhere in the 20s. And because the Fed is raising rates, other borrowing is getting more expensive, too. Student loan rates have increased, and taking out a loan to buy a home is nearly impossible these days because rates have almost tripled. mortgage rates haven't been above 6 % since the housing crisis in 2008. And yet, somehow, it's only us plebs who are paying these kinds of rates to borrow money. The corporations like BlackRock and JP Morgan take out loans with nearly 0 % interest. In fact, the wealthier you are, the less banks deem you as a risk. So you get the best rates. But in reality, this turns into a vicious cycle where the hyper wealthy hoard more money and the poor can't afford to borrow. Right now, the average interest for a personal loan is between 6 % and 36%, where the average interest for businesses is 2 % to 13%. Interest is leveraged against the average American the same way the Catholic Church used to leverage Ursary Usury is the practice of charging interest, and it used to be the biggest sin you could commit. But the church got creative with how it weaponized usury. It didn't go after wealthy banking families like the Medicis, who supplied the church with gifts and managed church money for free. The church conveniently cracked down on the practice so that the lower classes wouldn't have access to the extra capital that would give them the opportunity for upward mobility. It's wild how the past is so similar to our present. Why do you think day traders and TradFi have to keep at least $25 ,000 in their accounts? Supposedly, it's to protect the poor from the volatility of the market. But the way I see it, it's just another method of keeping smart people from changing their economic circumstances. And who do you think pressured the SEC to create that law in the first place? I'm willing to bet it was a giant money manager like State Street, Vanguard and BlackRock. They would like to have a monopoly on trading and hand all of us regular Joes a measly little 0 .01 % or whatever the bank interest is these days. I say no. And I want more than a toaster. And speaking of monopolies, the Catholic Church had a monopoly on salvation during the Renaissance, so people couldn't exactly go around negotiating that 10 % tithing rule or what exactly counted as a sin. It's really similar to how we can't really negotiate modern prices in this supposedly free market. The monopoly aspect is something the church and our wealthiest modern day corporations have in common. Look at the bank failures recently. Despite Jamie Dimon claiming the smaller banks are good for our financial ecosystem, Chase was very quick to gobble up the banks that went under. If we weren't there already, we're scarily close to a bank monopoly. Another way the Catholic Church made money was selling indulgences to rid the nobility of their sins. The Renaissance nobility were up to some shady things too and needed to be seen as moral so they could stay in power. The most corrupt nobles could buy a spot in heaven by donating land or commissioning artwork. Doesn't this feel a lot like government subsidies and contracts for major corporations? Hey, you want to look like you support green energy? Give Elon Musk millions to play with. Oh sure, Blackstone, we'll subsidize your billion dollar debt with taxpayer money because it makes us look like we're stimulating the economy. No problem. Another modern means of absolution is corporations using carbon credits to pay off their climate sins. This is how companies like Exxon have a higher ESG score than Tesla. They know who's palm to grease. Another great way to amass incomparable wealth is to be able to claim yourself as tax -free. If you can pull that off, it's an amazing feat. Just ask the NFL. Throughout history, the Catholic Church found ways to skirt taxation by the state and that practice is alive and well today. Do you think Bill Gates and Jeff Bezos are paying income taxes? I hate taxes. You hate taxes. We all hate taxes. But in our current society, we pay them. And it's a little more than unfair that the wealthiest among us are acting like they're tax exempt. Both the mega wealthy and the Catholic Church of the Renaissance controlled education and access to information. So kind of like mind control. The church kept their religious texts in Latin to keep the masses from being able to access it themselves. We already talked about how they also chose a lot of their sins to maintain the status quo in social hierarchy. It's a sin if you don't hit the like button. Similarly, corporate lobbyists have forced the government to slash education funding. That combined with other factors have made tuition exorbitantly high. We already talked about the student loan issue. Most people can't even afford college anymore. And if you take your education into your own hands by trying to stay up to date on news and media, you'll quickly realize almost every media company is owned by major corporations who have BlackRock and Vanguard as their primary investors. So you can't always trust what they're telling you because they have an agenda to stay in power. That's why it's hard to find information on the full extent of the corruption of the likes of BlackRock and Vanguard. I'm sure many reporters have pitched stories that have been shut down by the shady higher -ups. But here at BitBoy Crypto, we're proud to bring you the content that can't be bought by dark Wall Street money. Finally, that brings us to the third way the church and finance sectors control the world. It's not what you know, but who you know. And you know me. And I know you know that I know you. Political wheeling and dealing. And if that doesn't work, position your family members in places of power. Every royal court and government had pupil ambassadors that would ride back and forth through the Vatican and other church lands negotiating with church officials. That sounds a lot like a very early version of a lobbyist to me. And because as the head of the church, the pope had immense power, he was able to recommend marriages, which usually involved installing a member of his family at a high position. Pope Alexander VI married his daughter, Lucretia Borgia, off three different times. He simply annulled her first marriage when her husband was no longer politically advantageous and the Borgias may or may not have been responsible for murdering Lucretia's second husband. Pope Clement VII married one of his family members, Catherine de Medici, to the future king of France, which was a helpful political alliance during a time fraught with Protestant uprisings. This should all sound very familiar because the majority of our politicians, no matter the political party, have familial or social ties to banks, hedge funds, and the uber wealthy elite. There are so many examples of this, we can't list them all, but here are a few to sink your teeth into. George W. Bush had an uncle who provided discreet banking services for people in Washington, DC, and his brother Jeb also worked in banking before politics. Then you have the Clintons, whose son -in -law is an investor at a Texas private equity firm. Trump is friends with all sorts of sketchy billionaires across the globe. And look at Jared Kushner. And then you have Biden, whose son Hunter has been a hedge fund principal, venture capitalist, private equity fund investor, and painter. And now we have even more of Jamie Dimon's shenanigans. He doesn't have enough power running the largest bank of America. He's thinking of going into politics? And remember, guys, political corruption is like an iceberg. The evidence we have is just the tip due to how good they are at covering their tracks. And the Renaissance pope's habit of just making princes is exactly what our financial overlords do today. Pope Leo III crowned Charlemagne the Holy Roman Emperor out of nowhere, and Pope Alexander VI made one of the sons he had with his official mistress, a prince who supposedly inspired Machiavelli's The Prince. I don't think he inspired the artist, though. BlackRock and the likes are making princes, too. This is where we get into the modern day campaign financing, where it costs millions to be democratically elected prince. In 2016, only 158 families controlled 50 % of campaign financing. Our biggest banks spend millions on campaign financing for Republicans and Democrats every year, and that's just the money they actually report. There's a bigger, more illicit pool of dark money that controls politics. And if you think they're spending billions on these politicians just to be nice, think again. Nobody spends something for nothing. Billionaire Bernard Schwartz is quoted as saying, I don't ask politicians to do what I say. I want them to hear me when I have a problem. And according to Vanity Fair, BlackRock's CEO Larry Fink loved to go around saying that he told Washington what to do. Doesn't all this sound a bit like the Catholic Church saying, Well, you technically can do what you want, but if you don't do what I say, your soul will spend eternity in a very hot, not -so -nice place. You don't want to know where that poker goes. And now we get to number four on our list. It is better to be feared than to be loved. Also known as scare tactics. If the immense wealth, information control, and political corruption wasn't enough to scare the living daylights out of you, the Renaissance Catholic Church took it to a whole other level. The way the church portrayed hell through artwork and story was absolutely terrifying. Of course you're going to do whatever the Pope says to save yourself from eternal damnation. And the banks and hedge funds do this too. Make sure you have an IRA because if you aren't getting our measly 5 % every year, how will you possibly be able to retire? Don't worry, that number barely covers inflation on a good year. And if you don't buy things with credit cards or open a car loan and pay his interest, you won't have credit to buy a house later. And finally, this one's my favorite, guys. If you don't bail us out, the entire world will explode. We're too big to fail. And now we get to the final element you will need to succeed at controlling everything. Drum roll, please. Military power. Plato said, All wars are fought for the sake of getting money. And folks, he was probably right. The Pope would also deem certain wars holy and approve military actions. When Henry VIII left the church, the Pope excommunicated him and told his people that rising up against him was holy because he'd gone against God. Pope Alexander VI issued the Enter Saterra, which authorized Spain and Portugal to colonize, convert and enslave the Americas. And sometimes the Pope would even command armies himself. Did you know the Pope raised and commanded the army that was responsible for the Crusades? So I guess that we can be thankful that the hedge funds and banks haven't started raising their own armies. But then again, why would they when they have the entire government under their thumb and they could spend the free time bathing in gold? Today, massive corporate institutions lobby in favor of warfare because it benefits them financially. Corporations have made billions from the war in Ukraine and the Iraq war was conceived to financially benefit oil companies and their investors. Just look how much BlackRock has invested in military weapons. $56 .74 billion. And you can't tell me they don't have a financial interest in the military industrial complex. That was a lot of info, guys. And I'm impressed you stuck with us for this trip down History Lane. I don't want to leave you on a gloom and doom note, however. Here's the bright side, folks. The Protestant Reformation did come as a reaction to the Catholic Church's corruption and power. And hundreds of years later, the church is still powerful. Nowhere near as powerful as they were during the Renaissance. We have the same opportunity to throw off the yoke of the banks and hedge funds that control our current financial system and government. That's where crypto comes in. No matter how much they try to manipulate the market, they can't control our gains, especially when we think long term. Do your research. Find out who the biggest investors are in the companies you buy from and patronize smaller businesses. Take your business or credit unions instead of feeding the pockets of the giant banks. Really question what politicians are telling you and push for campaign finance reform. This is a potential future where we all are free. That's all I have for you guys. DZ out.
"elon musk" Discussed on The Charlie Kirk Show
"Okay, play cut 69, please. This is Elon at his best. He deserves praise here. If you're honest in the audience, you might hate Elon, you should say this is a powerful 45 seconds. Play cut 69. People were killed. But it was, I think, incorrectly ascribed to a white supremacist action. I couldn't really even follow exactly what it was you were trying to express there. So that's in part why I was curious about I'm saying that I flipped the ascribing it to white supremacy was bull. Okay. And that the information for that came from an obscure Russian website and was somehow magically found by bellingcat, which is a company that does psyops. And there's no proof, by the way, that he was not. I would say that there's no proof that he is. And that's a debate you want to get into on Twitter. Yes. Because we should not be ascribing things to white supremacy if it's false. No proof that he's not. These people in the media. It's a presumption of innocence. Do you have any evidence at all? Then don't postulate it. And so as we look at how do we save the country, we need more defections from the elite class. And yeah, they're going to try to take Elon out. But they got a problem with Elon because they need Elon. They need Elon for the electric vehicle nonsense that they want to try to mandate. They need Elon for some of the, of course, communications via satellites and what's the name of the company? Starlink? Cut 64. The New York Times is really fired up. Elon has turned Twitter into a vehicle for authoritarianism, like 64. He is basically he is the kind of he turned Twitter into on many different fronts, a vehicle for authoritarianism, both kind of spouting authoritarian content and tamping down on content that would challenge authoritarianism. Content that would challenge authoritarianism, he's destroyed, these are people that are defending the targeting of moms and dads at school board meetings. These are people that are perfectly fine with political dissidents. Like Steve Bannon being indicted, James O'Keefe being raided, the constant nonstop persecution of January 6th defendants, and they're lecturing us about authoritarianism. The people that wanted the contact trace you, because you went to a church, and they're saying that we're the authoritarian people, probably the most powerful clip is David Faber, talking about conspiracy theories. I think you're seeing Elon Musk become red pilled. I really do. I think you are seeing the red pilling of the world's richest man. Why? Because he's intellectually curious. I really believe this. I believe that any American who is intellectually curious and honest will move further to the center right. During this time in American, that the American drama that's playing out. It is impossible to go to the center left or to the left if you are intellectually curious and honest. The more you ask, the more you inquire, the more you research, you are going to go further to at least the center to the center right. The American right is the only place we are allowed to think for yourself and say, well, that's wrong. And that's interesting. Maybe that goes too far and again, we do not require. We should not require. Let me put it this way. We should not require that every person who decides the quote unquote enter the center right agrees with us on everything. I'm a 100% conservative across the board. You guys are too. At the same time, I think it's really powerful that Elon Musk is challenging this guy on CNBC about conspiracy theories..
"elon musk" Discussed on The Charlie Kirk Show
"Check it out right now. Relief factor dot com relief factor dot com. How did George Soros make his money? George Soros largely made his money through currency destabilization and manipulation. I'll be honest, I largely find the way that George Soros made his money repugnant. He made a lot of money off of manipulating markets. I'm not saying it should be illegal. I just don't think it's admirable. I don't. I think that George Soros made a lot of money off of the pain of others and the mass societal chaos and carnage. Elon Musk I will say, despite a lot of philosophical differences I have, he's built some very, very serious companies. Launch and rockets is no joke. Remaking the car is certainly no joke. Elon has created real value. What is the company that George Charles has created? What is the value he has brought to the world? Rockefeller, you could say, okay, you brought the world cheap oil. Carnegie brought the world cheap steel. Bill Gates, at least gave us Microsoft even though he wants to change the world and another bad dude. Elon Musk, you'd say, okay, well, it's SpaceX and it's The Boring Company. And it's Tesla, and now Twitter. It's real stuff. PayPal. That's a real portfolio of value. George Soros is about destabilization and currency manipulation. And this is one of the, one of the most frustrating patterns in our media. Is when you criticize a powerful globalist when you criticize a powerful member of the regime, immediately the nonprofit groups like ADL or the activist groups of the media have to find a thought terminating cliche to use to shut you up or shut up the person doing the criticizing. Now what does a thought terminating cliche? A thought terminating cliche is a thought stopper. It's a form of loaded language that is used to end an argument. For example, you're a racist. That's bigoted. It's supposed to intimidate you. It's supposed to paralyze your inquiry. It's supposed to end all discussion. That is a thought terminating cliche. Now, I thought terminating cliche is usually used with racial stuff, but this is the one that just infuriates me. Any time George Soros gets criticized in the public eye, all of a sudden they say it is anti semitic. But George Soros, first of all, is not a religious Jew. He has said time and time again, he is not a religious person. Nobody is criticizing George Soros because of his Jewish ancestry. Nobody. But immediately the anti defamation league says Elon Musk is parroting anti semitic tropes time and time and time again. This is nonsense. It is not anti semitism to criticize George Soros. In fact, it's the opposite. It is necessary. In fact, I will publicly question if George Soros actually believes in Judaism. Does George Soros believe in the values of the Torah? That's not for me to judge. I mean, that's something that Dennis prager can probably talk openly about. A lot better than I can. But I don't glean from George Soros's commentary that he believes in the values of genesis exodus leviticus numbers and deuteronomy. Play cut 68. Are you religious? No. Do you believe in God? No. The Soros told us he believes God was created by men, not the other way around, which may be why he thinks he can smooth out the world's imperfections. Okay, so he believes that God was created by men. Are you religious? No. He says very plainly. So why is it all of a sudden that he gets to then quote unquote? Hide behind the veil of, oh, you can't criticize me because I'm Jewish. According to your admission, you don't believe in the core tenets of Judaism. You might be Jewish by blood, but wait a second. Are you trying to say that we can't criticize powerful people because they might be related to site? What exactly is going on here? The answer is the anti defamation league, which is doing the bidding of Soros and his allies are trying to stop any sort of any sort of proper cross examination. Any sort of exposure of their deeds of darkness and Elon Musk is correct by framing him as a supervillain. George Soros is a supervillain against western civilization. And it has nothing to do with the Judaism. He does not believe it. I mean, just does George Soros honor the Shabbat. I don't know, that's not for me. I'm not Jewish, but a lot of respect for the Jewish people, a lot of respect for the Torah, but it doesn't seem as if by his own admission, he even believes in that stuff. But when he gets criticized immediately, it's like, oh, can't talk about it because he's Jewish. Is he? Does he believe in that? Is it even relevant? No, it's not. Even if he was a practicing religious Jew, it is completely and totally irrelevant. What is relevant is he hates the country. And they're using a thought terminating cliche because they know that George shows is guilty of high crimes and misdemeanors against western society. Where have all the mortgage companies gone with all the here today gone tomorrow companies out there. It's important to use seasoned mortgage experts with years of experience. Use the company I personally use for my mortgage needs. I've used them and I can tell you andro del Rey and Tod akin that Sierra Pacific mortgage make the process enjoyable. Yes, they're Friends of mine. Yes, they're Christians. Yes, they're conservatives and no, they're not woke keys, but they make it enjoyable. They have fun with you. They ask you to important questions. They don't waste your time. I've used them for mortgage stuff and you should too. Go to Andrew and Todd dot com. They've been in the mortgage business for decades and they're more than problem solvers. Their solution providers. Many of the clients they help require special solutions to their tough loan challenges. I had a whole bunch of nonsense they had to sort out and they've been fabulous. They're really great and they were there for me. They text you back instantaneously. They love finding loan solutions for people who are self employed. First time homebuyers, real estate investors, or people with credit challenges. And if you're considering a reverse mortgage, they can help answer all your questions. If you or someone you know is having a mortgage challenge, let them help. Go to Andrew and Todd dot com. Tell them Charlie Kirk sent you. In fact, they would love to hear that. They are good friends. We have dinner often. I think the world of them, they've helped me personally. So check it out. No more woke banks, they hate you. Don't take out a mortgage from a company that hates you. Go somewhere that wants to do business with you. Andrew and Todd dot com are called triple-A triple-A to let 1172. I only tell you to use them because I've used them. If you're young, you want to buy a home, first time homeowner, it's good to start building equity. Look, I'm not telling you what's going to happen, but it looks like the housing market might be surging up a little bit. Go to Andrew and Todd dot com, that's Andrew and Todd dot com called Triple H triple 8 1172, Andrew and Todd dot com..
"elon musk" Discussed on The Charlie Kirk Show
"Hey everybody, Tina Charlie Kirk show Elon V Soros. I really think it's admirable what Elon Musk is doing. Hear me out, allow me to convince you if you're not a fan of Elon. I think you're really gonna enjoy it. Email us freedom at Charlie Kirk dot com. Support our program Charlie Kirk dot com slash support that's Charlie Kirk dot com slash support Rebecca from Wisconsin. Thank you for your support. Matthew from Minnesota, William from Washington, Victor from California. Steven from California, Barbara from California, Tony from Idaho, and Robert from Alabama. Thank you, Charlie Kirk, dot com slash support. Email us as always, freedom at Charlie Kirk dot com, get involved with turning point USA at TP USA dot com. Start a high school or college chapter at TPUSA dot com. Turning point USA is the nation's best hope every day, turning point USA is doing the work to save America. Come to our young women's leadership summit in Dallas, join Brexit, get involved with our pastor summit, start a high school chapter or a college chapter, turning point USA is working relentlessly to restore a free society in our beautiful country. TP USA dot com. Buckle up everybody here. We go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running The White House folks. I want to thank Charlie. He's an incredible guy, his spirit, his love of this country. He's done an amazing job, building one of the most powerful youth organizations ever created, turning point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country..
"elon musk" Discussed on Rocketship.fm
"To appear, have you seen this? Yeah, yeah. Now, I mean, some of them community notes. This was a feature before Musk took over that was called birdwatch. It starting in December though, it was launched globally as community notes, and it's sort of a crowdsourced fact checking service. And I kind of like this idea. It's an example of combating misinformation by getting groups of people to weigh in and sort of fact check. You do have to rate a certain number of community notes in order to be part of that group that can create a community note. But yeah, it's one feature that's not so bad, but I'm seeing other labels that, I don't know, honestly kind of make my eyes roll. Yeah, I like what? Well, NPR, national public radio just recently in their Twitter profile, a little tag appeared that dubbed it state affiliated media, which is the same term it uses for propaganda outlets in Russia, China and other autocratic countries. And it's just not true. No. Twitter, they even change that tag to government funded media. Which is still misleading, considering NPR is a private nonprofit company. It actually gets less than 1% of its $300 million annual budget from federally funded corporation for public broadcasting. So it even saying government funded media is
"elon musk" Discussed on The Media Show
"Of being asked whether that means you are personally responsible for England's recent successes? Well, I am. Of course, you know. You're totally responsible for it. Well, we'll hear much more about that later. But we're going to talk first about Twitter because there was a lot in the exclusive and sometimes pretty bizarre interview. Elon Musk says he only bought Twitter because a judge told him he had to, that he found the constant criticisms hard to deal with, and that his dog was now the company's CEO, have a listen to a bit. I can tell you I'm not the CEO of Twitter. My dog is the CEO. Okay. Have you got any it's a great dog? Other than the very alert and it's hard to get anything by him. Okay, that's good to know. Other than the dog. Have you got any success? Because you've got a black turtleneck. What more do you need? Okay. Elon Musk, they're talking to the BBC's James Clayton, and you can hear that interview in full on America via BBC sounds, but James is with us now from San Francisco and James, I've got to ask you first. What is the last 24 hours been like? Yeah, I've been absolutely bizarre. I mean, I woke up yesterday, just thinking it was going to be a normal day. You know, I've been working on a couple of other stories. And you know, at lunchtime, my editor, the day before, said, oh, you should bid Elon Musk just because I've been messaging him a bit. About the BBC license fee. And so she said, oh, no, you might as you should just ask him for an interview. So I just append an email. I sent it over and honestly just forgot about it. And about I think about an hour later, maybe 45 minutes later, I just got this response saying, yeah, let's do it. Let's do it tonight. I can quite believe that it was actually happening.
"elon musk" Discussed on The Trish Regan Show
"Elon Musk is getting a warning. And it's not from Wall Street. It's from China. So Tesla had its big Analyst Day on Wednesday, kind of a big deal. People were a little disappointed. I think a lot of folks expected that he was going to announce a really tricked out cheap EV that the masses could drive, but that didn't happen. He had some sort of grandiose plans for getting us off of fossil fuels in the future. But again, Wall Street wanted that $25,000 car that was going to be on the market next month. And he didn't come through with that, although a lot of people still say, if you look at the plans, if you look at the plans, it is happening. I do think it will happen. I think that this was not the time or the place for whatever reason for him to tell us about this. So Tesla remains to me a very interesting company. He's a fascinating guy, just truly a visionary and has done so much that he really doesn't get credit for. But China, China's getting a little nervous because you see they don't have the FBI there running Twitter anymore and they don't have Joe Biden being able to exercise his power over Twitter anymore. They don't have the Democrats making sure that you only say certain things. So they may just be up a creek without a paddle now that Elon Musk is in charge of the place because now what we all know the truth. I mean, the FBI came out and said it, the U.S. energy department came out and said it forget that I said it, by the way, three years ago. Oh, that was like no go territory. I'd never seen anything like it. It was actually really freaky. And I would say to friends, I'm like, I'm kind of alarmed like I feel like we live in North Korea.
"elon musk" Discussed on Mouse and Weens
"And not having anything? Well, you also got to have a story about Elon Musk. Yes, but that should be a movie, actually. That's wild. Wow. Well hopefully they may be interesting connections and could do something with themselves. After the very final. Although your girl had to go to cat sit, so there's that. Everyone in LA cats hits at one point in their life, I feel like I love dog walking cat sitting. Yeah, I think it's a good gig. I would do that. I would love that too. I don't know what I'm doing. I need to quit all this shit and just stay at people's houses and cats. Yeah, that's what I like. I'm doing that now. All right, do it. There you are. Thank you. And Scooby is currently lost outside amongst the communities. I've lost your cat though, and coyote country. I'm sorry about the bandits. He'll show up. He's pretty sad. I'm not the best cat sitter, but just worries me because our first cat got eaten by coyotes, and it was like within 30 minutes of her sneaking out of the house. She was gone. This cat is different. So hopefully he knows the difference. I don't know. We'll see.
"elon musk" Discussed on Mouse and Weens
"Have you had the talk with your son? Yes. All right. All right, you're getting off the Elon Musk story. Back to your juggling one ball, you're not in the news. Okay. Yes. Quick story when I went away to Christmas, I did not have my normal cat sitter so I went on rover dot com and found cat sitter. How long you came? Three years, maybe? Okay. She came over and it turns out she had formerly worked at the onion in Chicago, so the onion newspaper, if nobody knows what that is, then look it up, it's a very funny satirical paper. Yes. On the side note, it's gotten very cynical, so I went and I read a whole article in salon dot com about how the onion has gotten more cynical, but it's keeping up with the times which I've just gotten more snarky and cynical. So true. I'm so stuck in politics. I watched so much stuff on it and all the late night shows and I'm just I'm right there. We listen to the Rachel maddow podcast ultra really good about modern day Nazi takeovers in the 40s and then we listen to bagman on the trip here and that was all about Spiro Agnew and it just makes me go. Anyway, Spiro Agnew was George W is dude who went to prison. No, he was the running mate of vice president of Nixon. And he was oh, I'm thinking of scooter Libby. Sorry. Spiro Agnew scooter Libby, who named these people. I know. Ronald McDonald. I know. She's on her comedy game, folks. No, speaking of comments. Yeah. That's what I was trying to get back to. So she comes over, I talked to her, she tells me she used to work at the onion. I said, oh my God, what was that like? And how did you get to LA? She said, well, what happened? Funny enough. Is that Elon Musk called one day and picked 5 writers from the onion and said I'm going to fly you guys out to LA. I'll put you up in a apartment pay for everything. And get you guys in office and I just want you to be my comedy writing team and we're going to create products that will sell in this whole amazing, funny joke, Elon Musk world. So she packs it up. It was like, yay. This is gonna be huge. They go there.
"elon musk" Discussed on Mouse and Weens
"Awful, and that Jack Black, the remembering how he knew you too, right? It must feel that way. It's got to. But and I know that from what he said was like, he's very kind and graceful when people come up, but it was pointed out that everyone feels like his best friend because the movies he does. Right, right, yeah. So they're like, ah, bro dude, like, punch him in the stomach when someone came up. I was like, oh, hit him in the arm, and he's like, ha ha ha. Yeah, I'm just walking with my family, and I have no idea, you know. Oh my God. But he handles it very well. He's very nice to everyone. So yeah. But it is weird 'cause if you're like a dramatic, angry actor, maybe people would stay away from you. Yeah. No one's going up to the mason these days, right? Punching him in the Michael Shannon or something. Great. He is, yeah. He's a serious way. Who just did a thing on him? Was he on Saturday Night Live? I feel like he was just somewhere where he was put in a comedic role and it was so weird to watch him. Really? Yeah, right? I don't know. He's weird. I've worked on the runaways with him and hung out a little bit with him and he's super serious when he's on like pacing around running his lines and then kind of a weirdo though. Like kind of funny, happy, weirdo. Just like kind of out there and like, what? Okay. Oh, okay. And so piano, weren't you saying he's kind of like, we saw him in some interview and he really is kind of that way, just kind of yeah. Yeah, kind of aloof, but they kind hearted. Like a genuinely nice guy. He really, really is. That's good. See all your people, okay, now I did write a note down. You have to talk about Elon Musk, because he is so in the news lately. What do you think of this whole Twitter thing? I know you're not much of a social media person, but well, I'm not in the news very much either. I'm not up on it. I've just been so focused on my own little, I'm trying to juggle my one ball, this one, one ball, I have to focus on holding it all together, so I don't really call that orchid or something. When you only have one ball, okay, go ahead. Mono orchid, that's what it is. All right. Okay. Does that do something different? I don't know. That's so strong. Hey, all our one bald listeners will you please write in, how does it feel that only have one? Does it change things? Do you know that the penis and the vagina basically, it's the same thing, like the skin, one just went out, yeah, and one just went in. When we were little tiny fetuses, yeah, it's just the cells differentiated boy. Girl, girls have little tiny, tiny weenies. Boys have big ones. It's called a. A horus? Yes, rhymes with horse. You got it. What is it called? I can't hear you. Can't say it. It rhymes for us? Taurus? Taurus? No, really, I can't see you. You're making me yell it. Are they right? That's gross. Yes. Merry Christmas. Christmas clitoris. Yes. That's fine. It's a technical term.
"elon musk" Discussed on Bloomberg Radio New York
"You know, many of us may have hoped he would, and it all seems to be about ratings, and God bless him as a businessman, but if he's going to talk about democracy and freedom and all of these kinds of things, he's also going to have to take responsibility for what this platform elicits in the next few months. We have to take responsibility for another January 6th, Rick, as Brian not said. Oh, yeah. I mean, I think that I think that this is exactly what Jeannie was just referring to is that, you know, Brianna thinks that for a lot of different reasons, his hot rhetoric incites his people. They look for the cues. I mean, is this part of Elon Musk? He wants to have an open discourse, right? Just let it rip. Everybody say what you gotta say and go home and be better for it. But if it's inciting violence, it's a different conversation. Yeah, but I think this is the question is whether Elon Musk or his content moderation council that from what we can tell had nothing to do with letting Donald Trump back on. You know, is going to be able to moderate that. And at the same time, do what Brian not said, which is turn a profit. And I think that if you have to rely on Elon Musk to turn a profit or do the right thing, gee, what do you think he's going to do? I think that's pretty clear. On the day that Joe Biden issues a pardon, there was some talk over the weekend about gosh, what would happen if he pardoned Donald Trump here and you could hear the laughter from the other end of Pennsylvania avenue, but today, of course, it was for chocolate and chip. This Thanksgiving week. Here he is with the turkeys. Based on their temperament and commitment to being productive members of society, I hereby pardon I hereby part, yes. I hereby part in chocolate and chip. Let's hear it for chocolate and chip, jeanie, you know, they get a night of the Willard hotel just for that before they go off to roam the pastures after Thanksgiving at least some traditions stay alive. A tried and true tradition last year it was peanut butter and jelly I think was that it was a good memory and this year it's chocolate and chip. I love it. They're gonna go enjoy themselves at the hotel tonight and then they are off to the pastors as we all will be someday, Joe. There might be pictures on the Hunter
"elon musk" Discussed on Verifiable Podcast
"Which anybody can say something that offends someone and isn't going to be shadow banned for doing something like that. So he also had his free speech agenda stuff like that. And before we knew it, we found out that Elon Musk became the highest sheer holder in Twitter. So he bought 9.4% of Twitter's take and he became the highest shareholder and due to that the stock of Twitter went up because yeah. And mosque is like the biggest name on Twitter like he's the most active big account which over 82 to maybe 5 million fertilized on Twitter. And he's inside the top demos followed accounts on Twitter. So he always get interaction on a daily basis. So he bought take onto it in Twitter and after a week or so he was supposed to join the board of Twitter and he decided that, okay, there's board is not my kind of people that can't really deal with this kind of people that with the main problem why Twitter is not growing why Twitter is just a stagnant business day since making good profit. So he was like, okay, he's not going to join the board and because the board is full of people who don't or are not. Who doesn't support his agenda. So he was like, okay, he ain't going to join the board. He just wants to he decided one day to just wake up and say he wants to own 100% of Twitter. So he started and gave Twitter offer to buy 100% of the company and take Twitter private. So he gave an offer of $43 billion and 54 point.
"elon musk" Discussed on Verifiable Podcast
"Today we're not going to be talking about NFTs or we're going to be talking about Elon Musk. Welcome to verifiable podcast. So let me go ahead and verify the podcast. Yes, it's been a while and. You want to do this podcast paper. Just do some questions of me trying to get back on this podcast. We're back live. So today I'm going to be talking about Elon Musk. Elon Musk. Yeah, I understand he wants to feed you of the Chinese and he came out of a Tesla and I was like so he his hand on the Tesla and like I am elam. Yeah so welcome to the final podcast today we're going to be talking about Elon Musk and Twitter how the whole team has been going throughout and I've been trying to see how I'm really meant to be doing on this podcast. And from everything I found out that okay, since I can do one of the main reasons I have them through religion and episode was because like I was planning on getting people on to speak as a guest speakers were since that won't be possible, this is how it's going to be for a while now. So yeah. Always you just want to give you guys news updates on a daily basis, some top new staff on the space, like how today opens the XYZ NFT aggregate Tor and yeah, that's not a great talking about and talking about Elon Musk. So last month or earlier this month as a most but 9 point 2% of 4% of tweeters talk ill started from when he started AKA much more interest in Twitter and his whole idea of social media, which has.
"elon musk" Discussed on Dead Celebrity
"Whereas donor advised fund does not that said donor advised fund like fidelity and Schwab. They've realized that they're losing business to foundations because foundations do that do have that added flexibility. And they started internally doing some of the things that foundations have been doing in terms of a wider array of. Organizations that they give to. For example, donor finds funds used to be only able to give to 501 C three organizations. Those are organizations registered with the IRS. Now, they have they've opened those doors to do similar things with foundation. So the answer is we'd like to use both vehicles because they have different tax attributes that we like to take advantage of. Both have their pluses and minuses. That said, for a larger family, if I had to select just one, it would probably be the foundation. Even though the foundation has more complexities, it does have more utility for these families. That's very interesting. And it's also a pretty unique point of view on as far as people who have been on this show have actually been talking about donor revised funds and foundations a lot. And generally, we're beating the job of donor advised funds as the common man's easier option. It's great to have someone on here who is actually almost rooting for even though you admit you use both the touting the assets and the values of the foundation side as well. Correct. I mean, I personally think for at least our families, they both serve it shouldn't be either or in most cases it's both. Because they both have benefits that we like take advantage of. So as a family office, and when you're dealing with high wealth and generally high wealth equals high profile, families. How do you handle how much of an element I guess is peer pressure, I guess, for lack of a better term in terms of this philanthropic conversation? In the case of Elon Musk, obviously, it's very public and people on Twitter can just yell at him to give money to places or yell at him for not giving money, whereas with a smaller family might be like, oh, the Joneses are getting to this idea. Maybe we should give to this too. How much of that element of sort of expectation and public knowledge of what you're doing plays into this philanthropic conversation when you're dealing with higher profile families?.
"elon musk" Discussed on Insight Out with Billy Samoa
"Friend and when you're friends with someone like you lawn your exactly like them. They don't seem like an alien to anymore. And when that starts to happen your mind starts to shift and you start to think i could be just like you know insane. The word would be ability if we just had seventy lawns. Not like seven thousand. Because i don't even. I can't even imagine that will left us chris del. Hey imagine this world. Beverly give that right like i don't know how to do that. I'll just lead lead to devious. But just seven elon musk's one in every billion because right now it's one every seven billion easily nealon. What if we at seven more matching in saying that would be like. This is what i'm excited this the stuff that gets me going in my mom's basement as i'm talking to you. It's not like you go into some bardy being alone. Whatever going to club like it's this idea idea that if there was an eel on each of those ideas like imagine elon. Musk is the subjects the most been. What if there's two elon. Musk one who is just working on space and one. Who's just working on tesla one who was just working on boring company etc. Imagine how fast society would move. It'll be crazy at that's the future. I'm excited about well. That's who i wanna talk about. Next is what is the future vision of elon. Musk i agree. Don't put them on a pedestal. Don't assume you can't do the unthinkable. you can't do the impossible you can't do others are telling you is unachievable. That's the word you can and you need to believe that you can. Hopefully you got some value from this session. If you did let us know. Send us a note. Tell us what you took away. Let us know what you liked and let us know what you want us to talk about. We're still experimenting. We're still just having conversations talking about people that fascinated as in talking about what they've done. What insights they have. What contributions they've made in how they've made them and this is a great example of looking at somebody like an e lan and really understanding. What about him has helped to lead to truly an astonishing level of success. So we hope you enjoyed this one and until next time please do make it a great one. We'll talk to you guys soon..
"elon musk" Discussed on Insight Out with Billy Samoa
"You don't see a lot of executives at that level do that is to companies the only other example of scene of this working and it doesn't even work that well is jack dorsey. So he's the sea of twitter and square but squares doing really well twitter's kinda so so not so great ready lonzo actually the sea of both of these organizations and they're both uber successful so given data right we can see. Just mathematically every great. Ceo is generally the sea of just one company. So zaks is just focused on facebook. Even have facebook is pretty much a holding company now for other social media in upcoming social media platforms. Tim cook of apple just focused on apple. He's only focused on one thing whereas because alon is focused on to he needs to split time between tesla and spacex. And don't even get me started on the seventeen other things. I was just gonna say man. There's boring company. there's neuro lincolnian. The list goes on and on. But yeah i mean obviously spacex and tesla big juggernauts. They're absolutely so to answer your question man. I think the reason why. He's working himself to death. Is he realized. Time is the most valuable asset he is. He doesn't have much time. He has left so the only thing left to do is to maximize hope for the best. And he said this multiplies. It works at our loss or ten hours less than i did. Over those years both companies would have failed. I think he believes it and he might be right. I believe it to might be right. Okay let's talk. We're gonna go for a couple more minutes here. And then we'll do a part do because he has a master plan. He's got the master plan and okay so he has a lot of critics. A lot of people who have shorted tesla's stock a lot of people. They all say he's not fit to lead blah blah blah. But it's like the guy has this. He's just keeps winning. He keeps winning and one of the reasons. I believe that he keeps winning. He's got this idea known as first principles thinking and the whole premise. Behind this idea. It really dovetails nicely from everything else that we've said which is don't just believe what is and when i say that what i mean is just because a car is a certain way doesn't mean it should be that way or just because things have been done. A certain way doesn't mean that it should be done that way and the idea behind this first principles thinking is we should not reason by analogy mean. We shouldn't compare whatever it is. We're doing to other things instead. We should boil things down to their fundamental truths and by doing that. The only thing that really should consider are the laws of physics are anything that we know. We have zero control over. And there's very few things that we have zero control over and so therefore whenever we're building anything whether that'd be a vehicle a rocket ship or a widget your business owner and you're building something from scratch. Don't just look at what others are doing..
"elon musk" Discussed on Insight Out with Billy Samoa
"That's what he was born. His dad wasn't very present in his childhood. it's very abusive and his mother was a model. She was a supermodel. And that's how they they connected and how alanis was born and to be honest he didn't have that gray of childhood. Most of his time was spent reading books with his brother. Kimball oblivion another siblings. Well and yeah. He would just spend a lot of time reading books. He wasn't very extroverted. He realized around the age of five or six in the stories that he tells that he was very different than most of the kids in the playground because he always was thinking about. New ideas are crazy and everyone thought he was just nuts. Like what is alon thinking. What is this kid doing. And he realized that a very young age that he was very different than most human beings but he kept following the curiosity. And let's skip a little bit ahead. When he was ten eleven he started reading. These isaac asimov's books on science fiction. Isaac asimov's one the best science fiction writers of all time thinks stephen king but first sci-fi and he read those books because he was really socially secluded talk to that many people and through those books he got super passionate about space space travel and he was at that age actually that he realized he wanted to go to space and to go to mars. Someday that's actually where he developed the first idea for that when he was around twelve years old and then after when he was around. Fifteen to seventeen. Don't quote me on the exact age. He left his family to go to canada to city a queens university while places in canada to study to get a degree and then he moved to the states and had the idea for zip to where zip to this was in the mid nineties during the dot com reis and zip to at this point. He was around seventeen nineteen years old and he started out with his brother. Kimball at the idea behind. Sip two was. How do we reinvent the way that we think about the financial business from a transaction perspective. So he's sort of coating a lot of finance tools for for different companies or create. See i believe. And i don't know the exact details soup to but basically what happened is they sold to compact. And that's what is i. Exit was at the age of twenty two. Twenty one. And i think zip to was had to do with regional components. I don't know the entire story. So maybe we'll probably get our get our facts straight a little bit on that. Because i know like god obviously we pay pal. That was more of the financial side so go ahead. Yeah i got it. Thanks for that so just regard. What is it earlier. So essentially what. What i was referring to just a bit earlier was when he started people before that with zip to it was essentially a company that provided licenses to newspapers for online city guides software dots would it was and he started with this started. The company with his brother kimball and he started getting local businesses to create presence in newspapers online city guides and whatnot. And that's what ended up selling to compact those a fascinating idea. I think of it like a pre yelp. Yep yeah and that's i mean it's because it was so early on before we had all the things that we now take for granted he was frankly on the cutting edge helping as you put local businesses. Which is why zip zip code almost like in different regions giving them a little bit more visibility and clearly that was successful but that was just the beginning th all of these things are like stepping stones so the next stepping stone was pay pal pretty big stepping stone. How did you get involved with pay pal absolutely so the other toy. No one adventure before we get into people is remembered. That end game is mars from the beginning but it is end. Game is mars foot l..
"elon musk" Discussed on Insight Out with Billy Samoa
"They need to do. Their job most effectively. And so with that. I want to get your thoughts on this idea of being inquisitive and how you think that's helped propel. Him helped us businesses. And then i do wanna go back. We kinda got right into the thick of things. But i want to tell his story and i want you to do that as much as you can. In all perrin in details your master at painting the picture of how people got started so let's to two parts one. What are your thoughts on curiosity in to. Let's go back in time and talk about his story. Absolutely i think curiosities such important piece to your point. Billy around how we can ask better questions regardless of how smart we think we are. Because there's always something we don't know there's always a piece of information we have yet to get. There's always an idea that we need to receive to make ourselves more and about the decisions that we make a date today but the more important part beyond curiosity for people who really want to take that step into being elon. Musk the first step. I don't think is curiosity. I think curiosities the second step. The first step is the willingness to just question the willingness to be controversial the willingness to think differently from the people around you. Because if you just follow everybody and you do the exact same thing you'll get the same result which zero innovation nothing cutting edge. Nothing unique nothing original. So if you want to be lik ilan that's the first step is to under wire. Hypothetically of course right not actually rewiring your brain through surgery but more mentally and acknowledging that the brain is not optimized for innovation the brain is not optimized for creativity. The brain is only optimized to keep you alive as long as possible so that you can procreate and survive your generations. that's that's the purpose of the brain so for you you need to. I acknowledged that point and fight against every single day for the rest of your life and that's the first step and then the second step is curiosity and a bunch of others. Yeah well i would say the conventional wisdom that most people default to he is not ever going to allow that to be the reason why you can't do something or why you're prevented from achieving the desired outcome and he has incredibly high standards. I know just a quick anecdote here when we were at solar city. I know that we were working on the solar roof. And he saw the first prototype and said this is nowhere near where it needs to be which is why we had to keep iterating to the point where we got the roof that exists today or that should be out more and more in that is beautiful sleek unlike any other roof ever created and that's a real world example of him not settling him asking questions. Why can't we do this..