40 Burst results for "Friday"
Evangelism on SermonAudio
A highlight from Leveraging Relationships In Evangelism
"All right, well, I got the microphone this morning for the first time in like nine days and a little bit, not nervous, I'm very excited about preaching this morning. Brother Hunter came into my office. You go over to Mark chapter number four. Brother Hunter came into my office on Friday and he said, I am so glad I am not the one preaching after that revival. And I told him, I said, I'm glad you're not the one preaching after revival too. And, but I am excited about preaching to us this morning. I've got a heart full of stuff I wanna cover. In fact, my heart is so ready for it. I wanna pray ahead of time. I wanna pray to start out the service and we're gonna get a running start. I'm so excited about it, mind you. I have actually, I told my wife, I worked in, I draw in my notes. I have, sometimes I have an issue reading. I'm a little bit dyslexic and things. So I actually put like illustrations in my notes and I, in my notes, because of how excited I am, I actually drew a yellow triangle for a yield sign to remind me, slow down, okay? Slow down during the service today. So that's my hope. I wanna try to be slower for you today because I just got a heart full of stuff. I hope you do as well. I hope as you've come to revival over the last few days that God is doing a work in your heart. He's certainly doing a work in our church. And I don't wanna leave you behind, okay? And I mean that with all sincerity. I don't mean that as a threat. And you know, either get on the bus or we're gonna run you over. That's not my heartbeat at all. But if the bus leaves the station, I want you on the bus. And a lot of our meeting next week's gonna be about that. And I'm just looking forward to what God's gonna do. But we're gonna start with prayer this morning and ask God's blessing on the service. And would you pray for me as I preach? I'm not nervous particularly. I just, I wanna do the sermon justice. There's some big things I think in our church that we've gotta grasp. Me as a Christian and you as a Christian, we've gotta lay hold on some of these ideas. If we are gonna have an effective global outreach and local outreach, there's some things we really gotta lay hold on. And so pray for me, but also pray for you in these next few moments that God would work in your heart and that the word of God would not fall on deaf ears, but that you would receive it with gladness and with meekness. I love that that's one of the ways Paul says we're to receive the word with meekness. Meekness simply means power under control. So you've got all this ability, you've got all this horsepower under the hood, if you will, but you need to have that tempered and controlled by the Holy Spirit. And when you receive this word, there's power that comes with it. And we've gotta let the Holy Spirit guide us as a church. So let's pray and we'll dive in. God, I need you today. And Lord, you know that's true. And so Lord, I don't wanna waste this prayer time. I simply don't wanna, I don't simply wanna just fill in with prayer time either. Lord, I need a special unction from on high this morning. I know the power is present. I just, I'd like access to it. And I pray God that in a special way, your spirit would do a work in our hearts that we couldn't explain as any other method than yours. And so Father, we commit this service to you. I pray you'd allow me to say the things you desire. And Lord, I hesitate to pray this. You've done this before, but Lord, if there's something you don't want me to say, I pray I wouldn't say it either. But I pray that today's service just be specially guided by your spirit. And Father guide this church. Lord, give us a special grace as a church to be able to accomplish certain things. Lord, I so loved what preacher said on, I think it was Wednesday night, about the grace bestowed upon the churches of Macedonia. They had a special grace on them. And I pray for a special grace for us as well, Lord, that we would have a part in global evangelization, but also local evangelization as well, Lord. Spark a flame in us, rekindle the fire. And Lord, help us to have a passion for souls in a way that we have not known prior. And God, would you burn that flame brightly if we ever to reach this world, we're gonna have to adjust some things as a church and as Christians and as parents and as spouses. I pray God that just in a special way, you'd work in our hearts. We ask in Christ's name, amen. Let me say again, what an amazing week we had. I hope that you were here and we had great crowds each night. So if you weren't here, I may not have even noticed that because the crowd was so good, but it was a blessing to see what God is doing in our church and working in our church. We've been praying through the, if you think about it, we've been trying for the whole year to align our mission strategy and our evangelism strategy closer to the scripture. And we have certainly heard a truckload of scripture this week and just Bible verse after Bible verse after Bible verse, story after story from the scripture about how global evangelization works. And so we are trying to align to that. Let me say this too. I'll talk more about this next Sunday afternoon as well, but let me say, I have never been more proud and more relieved to be a Baptist than I am right now. And here's the reason, and I am convinced a Baptist, but that's a sidebar. But what I am grateful to be a Baptist for is that as a Baptist, if anything defines a Baptist, it's that this is our source of authority. That if the Bible tells us to do it, that we are supposed to do it. If it's in the book, it should be done by God's people. And if what we're doing, we find to be incompatible with what's in the book, then we're the ones that are supposed to change. And that will and has always been true of Baptists. And so long as we call ourselves a Baptist, and I think till Jesus comes back, that's our intent. But as Baptist, that means we're supposed to be doing what we find in this book. We're supposed to be doing it the way we find in this book. And we don't do the things that we do as Baptists historically or presently because other people are doing it. We don't do what we do as Baptists because it's pragmatic or it works. We as Baptists, if anything throughout history has defined a Baptist, it has been that their source of authority is found from the scripture. In fact, even pastoral authority, it only is only borrowed from the Bible and only goes so long as the Bible allows it to go. So the only real source of authority we get is from the Bible. And so in areas where the Bible gives clear instructions and examples, what we are supposed to do is follow those instructions and examples. And over the last couple of weeks, we've been working, I've been working in my office 50 plus hours reading Baptist history from our inception in the early 1500s to how it flowed through America and all of those things. And if anything is true of the Baptist, it's this, that this book gets to define what we do. And as a pastor, I just wanna say, I'm relieved that that's the case. Because if there's a change we have to make as a church, all I have to do is copy what scripture says. All you and I have to do is copy what scripture says. You remember when you were a kid and maybe some of you don't, but my generation will probably remember, you remember tracing paper? I don't know if that's still a thing or if it was a thing before me. Those older than me, did you have tracing paper as well? Oh, okay, all right, I just assumed it was all rock and, I'm just kidding, just kidding. But tracing paper, all you have to do, you can pretend, people will give you credit for being an awesome artist when all you did was copy, right? And as Baptists, we don't have to be awesome artists, we just have to copy. I don't have to come up with some original plan in my genius little brain, all I have to do is copy. And so as a Baptist, that's the relief I get to take as a pastor to say, hey, church family, all we have to do is copy. And we've spent the last week hearing how God desires for us to do it. The problem is, and maybe you've experienced this when you were a kid, if you accidentally take two pieces of tracing paper or three pieces of tracing paper, it becomes harder to see the lines. And I'm afraid that sometimes in some ways as Baptists, we have heritage and we have the way we've inherited and we've had the default positions that don't necessarily, the lines aren't necessarily unbiblical, they're just not compatible with the patterns we find in scripture. And so what we're gonna do over the next couple of weeks is just revisit, hey man, this is what the Bible says and here's what we ought to be doing and here's how we ought to follow that and what a blessing that is. So do not miss next Sunday afternoon as we fellowship. We've got some plans, but we want input, we want involvement and contribution. This is our collective church. And as we heard, evangelism is an all church responsibility. It's a whole church strategy. Well, if it's a whole church strategy, here's my plan. I want it to be a whole church decision. I don't want anybody in a year from now saying, oh, pastor, you did this. No, we are gonna do this. We as a church are gonna make some decisions together about how we want to approach missions, where we want to dedicate our money. There's partnerships, there's journeys, all the things that we have talked about. And so I am excited about the opportunity to preach. It was a great missions conference, but I will say this, halfway through the missions conference, God had already really worked in my heart about what direction and then shortly thereafter gave me the passages to go to. It's March chapter number four. And so what I want us to do is, I want to be careful how I say this. I want to come down, not to reality, but I want to come down to today. Right now, I am starry eyed. I cannot wait for the things that are coming. I want to go to all the world. We have some plans for March and the following six months after that with our church and everybody wants to go. They're in the middle of next year. There are some things in the works. We're gonna talk a lot about it next week, but listen to me, church family, we don't have to wait to reach the world, nor should we wait to reach the world for the simple reality that Bakersfield and Kern County is very much a part of the world. And so while we get excited and starry eyed and man, I want to go do, and I do too, and I am excited and I've been talking to some different men and trying to put together a team and put together a plan. And I am excited. We need to cross the oceans, but we cannot forget there are people who are literally across the fence from us who are within our reach. For the last few months, we've been driving as a staff and planning for a special Sunday on October the 22nd. At the end of service, you'll get to see a video and you'll get one of these on your way out. I'll explain more about it, but basically what we're going to do as a church is I'm gonna give you five tracks and over the course of this next week, you're gonna pray and ask God what five families you're gonna go invite and bring to church that are within your reach. And that Sunday is gonna be entitled True Purpose. And the heartbeat of it, you'll see the video in a minute like I said, the heartbeat of that is that your neighbors, your family, your friends and your coworkers would understand what the true purpose of Jesus coming was. I remember as a lost person, I had no idea why Jesus was here. I had no concept of what he came to do. I didn't know he was God and there was a bunch of things I didn't know until someone explained to me the whole purpose Jesus came. And the whole purpose of October the 22nd, we're gonna see more over the course of the next few weeks is to bring those nearest us to the saving knowledge of Jesus Christ. And please hear me, listen, church family, I want, I am praying, I am awake, planning, trying to build out a global missions strategy. I wanna reach Zambians and I wanna reach Angolans and I wanna reach Fijians, but God also desires for us to do the work of an evangelist right here and now in our communities and in our county. And the passage we're going to this morning actually brings that whole, all my introduction into a very clear biblical focus. So we're gonna go to Mark chapter number five. I think I told you chapter four, I apologize. Mark chapter number five is where we're gonna be this morning. Mark chapter number five, we're gonna read our texts together, we're gonna walk through it, we're gonna unpack it and we're gonna really introduce the whole concept and walk through the whole story together. And we're gonna see this story in detail and we're really not gonna get to the message until the very, very end, but you stay with me and we'll learn something this morning. Mark chapter number five, verse number one says, and they, that's speaking of Jesus and his disciples came over onto the other side of the sea and that's the Sea of Galilee. And so Jesus has just left Capernaum, that's his hometown. And he's traveling 40 miles to the east and he's heading over into verse number one, into the country of the Gadarenes. So that's Gadara. And in chapter number four, in fact, you can look back there in just a second with me, but in chapter number four, while they're making this journey, a massive storm hits. And what happens is Christ is on the boat and the disciples are losing their minds. They think this boat's gonna sink reasonably so. And Jesus speaks to the wind and the waves and he calms them. Now, please understand to you and I, that's like, yeah, that's what Jesus does. But to the disciples, they have just started following him. You realize we're only in chapter number five, Jesus has barely just called the disciples. They're actually on their first Gentile mission according to Mark that they've ever done. They're gonna go over into the Gadarenes. But this is one of the first miracles the disciples have ever seen. And at the end of this chapter, you can look at it, chapter four, at the end of the chapter number four, it ends with the disciples making this beautiful statement. What manner of man is this? That even the winds and the waves obey him. So this unbelievable, unnatural, supernatural thing happens in chapter number four. The sea becomes glass. They end up on the other side of the shore or in the country of the Gadarenes. And I want you to notice what happens immediately. Verse number two.
WTOP 24 Hour News
Fresh "Friday" from WTOP 24 Hour News
"Advice from local lenders and on how to navigate today's business climate go to wtop .com search small business temporary to pump the WTO P traffic in your forecast now from seven news first alert meteorologist Brian Van Der a cool and damp start to the week with temperatures hanging in the 60s average high now 77 clouds are abundant and showers will not as numerous as the weekend are still a possibility as we remain somewhat unsettled into the evening these scattered clouds again maybe a spotty shower sprinkles some fog tomorrow only in the mid 60s for highs with a few spotty showers by Wednesday we had a little bit of a lull but then some more unsettled weather temperatures still stay in 60s the probably through Friday I'm 70s meteorologist Brian Van Der Graaf in the first alert weather center right now it's 62 in Waldorf or if we have 59 over there in Ashburn and it's 61 in Upper Rock Creek Park 740, money news at 10 and 40 past the hour brought to you by
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Bloomberg Surveillance
Fresh update on "friday" discussed on Bloomberg Surveillance
"He's on assignment london recovering we for him on tuesday and or at wednesday as well features negative for lease and i are focused in the bond space is they say from bills out the bonds was to curving version right now sixty -two basis so we're in from eighty ninety basis points on radio the hand check here is going to be at great here two two -year ten -year and that's becoming less of a gap word dis inverting lease of what's that for mean the pros well what katie kiminski was just saying is that maybe that's the tipping point where you reach some sort of but new reality when people start to understand maybe this is the level that we're going to live with for a longer period time of and that's why you're getting that flattening but honestly i just think right now what katie said everyone's been saying that they're buying bonds but they're all selling them and at what point do we get some capitulation that's fantastic you know in a yield basis like price the price down yield up that's where we're going here with a must listen interview yes like zz top years ago you know we're gonna eric davis is join going to us in a moment if you're with global wall street you've got to pay attention to this he was hugely controversial last time and he was on 9351 on oil where'd he go under surveillance led by the president of the United States we're in Patagonia on the picket line yeah well this is the concern that some people have what's the political stew that's going to take a precedence this week president biden warning republicans of risks the of a potential government shutdown with a deadline now less than a week away republicans made little progress over the weekend and short a -term spending measure that would still need to pass through the democrat -led senate it seems like it's increasingly there will be a shutdown unclear though Tom whether the length will really justify its being it's ranking among the quintuple threats that are facing markets right now well it's going to see to me the big thing is his stories emery horton said he goes to michigan and after those polls that we saw this weekend it's sort near of a -term let's go let's jumpstart this but he's been trying to do that all through the summer i mean this is not a new project i love a whole gersh meeting said it's like you know relative to the u .s right now oiled machine meanwhile morgan stanley's ellen zentner saying it's highly unlikely the fed hikes rate in november they think that they're done morgan stanley instead believing the fed is done and expecting rate cuts to start in march of next year zutner tells the what goes up podcast quote they've got until the end of the year to decide if they're going to hike further and they've left the door open to hike further if needed i have a strong view that they're done here but they have left the door open basically talking about how the bar is incredibly high given that their baseline expectations for a reacceleration slightly of inflation by year end this is really important because you dovetail zentner's economics lisa with what we see with jim carron a few days ago applying it into the bond space and this is the morgan stanley that this is it price up yield down at some point there isn't conviction right now this is very much controversial and very much non -consensus if you think about it because as katie said it i keep going back to everyone says they're buying bonds but they're selling and if you believe ellen zentner you'd be a bull a bull a bond on police and they'll get it out of the credible so we have to be thanks but this to me is going to really interesting whether people start to it lean into that most of the city you know i don't i was going to rewrite this everybody's going to do the queue guesstimates queue for on outlooks i think it's as foggy as it was what else do we have delivery times for apples latest iphone the iphone fifteen which i know you're very excited about that that was going to get into uh... well the the lines to wait for apples cheapest iphone fifteen model almost misused its predecessor signaling strong demand for the company's newest phone buyers waiting ten days to receive the stick model up from sixty year ago pre -orders for the iphone fifteen pro max increased to a record significant upgrades to both models are what some people say are driving to man but i find interesting is this is even in china it's it's not just in the u s and you wonder if maybe all of the regulations the push backs of the chinese authority didn't really have the effect and people in the rank -and -file in china the consumer in terms of pushing them away for me i think for the email thanks for watching and listening in london and particularly incumbent garden we just had a ferro sighting w c two e eight h p that's a zip code in london and it's like the apple store i think sort of including he's down there picking up a new toy this is hugely anticipated and this is what bloomberg surveillance is about our team is twenty four and over the weekend we said get catherine kiminski andy equity markets and get for all davis had a fixed income at bmo asset management on yield as well earl davis joins us to bounce off with catherine kiminski just said earl you say pricedown yield up you you have a greater conviction on that than the last time we talked it so here's the interesting thing the answer definitely is yes this is unfolding largely as we saw it and we still see you know what uh... significant room for for sell off on on ten to thirty year bonds uh... you know possibly fifty to seventy five basis points higher before the end of year on ten to thirty year bonds having said that we do see that as a buying opportunity you know friday we actually reduced our short positions slightly uh... not by buying nominal bonds interestingly by buying tips we do see tremendous value in the tip market at a two twenty real yield not to say it can get cheaper which we believe it will but that's where we're looking to buy when we're reducing our short positions. well two questions one very short where does the ten -year real yield, where can that frame out from a two twenty? Does that have scope and scale teens weans out to two twenty two, two twenty five or can it really jump out? It can really jump out to two fifty to three percent is it three percent in two thousand eight and let me explain the reason why. When the real yields goes up investors obviously get a real return and with the economy being so resilient and still being strong you know solid as the Fed said what they have to do is take dollars out of the growth economy put it in the savings economy and you do that by having a higher real rate to attract more buyers so we can see it going above two fifty we think possibly possibly three percent very top end.
DerrickTalk
A highlight from "KOUNTRY WAYNE's Netflix Comedy Special Was Not Funny...That's The Truth
"Welcome to another edition of Convo Over Cigars. I'm your host, Derrick Andre Flemming. Um, let's talk about Country Wayne, Wayne Coley. I've always talked about my respect for this man because he comes from humble roots and he's very transparent about that. He talks about, you know, being a dad, you know, raising 10 kids, things like that. You know, just what he's going through in his life. The fact that he was absent of a real father during much of his life. He talks about things like that. And I think that's what makes Country Wayne, Wayne Coley so amazing. But I'm here to basically give an honest review of Country Wayne's Netflix comedy special, A Woman's Prayer. Wayne Coley, the comedian who got his start on Facebook, he recently released a Netflix stand -up comedy special entitled A Woman's Prayer. The stand -up set is about life as a dad of 10. How to know if a woman likes you and why he keeps it real with Jesus. He also talked about his HIV -positive uncle cooking in the kitchen. Wayne has had unparalleled success and has amassed over 8 .3 million followers on Facebook. The 35 -year -old comedian is very transparent about his life struggles and that's what makes him great in my opinion. I also love his catchphrases, Jesus is popping and help is on the way. But the one hour long, something like that, Netflix comedy special was absolutely horrible. That's my honest opinion. I'd give it a one and that's being generous. Real comedians, people like Dave Chappelle, Eddie Murphy, Mike Epps, they are naturally funny. We're talking demeanor, their delivery, their stories, the way they narrate their comedy, they're just naturally funny. Country Wayne and I watched the entire comedy special, he looked like a guy who struggled to be funny, the entire set. The jokes did not land, the reaction of the audience was mediocre and it just was not funny. Funny is one of those things that's like, I guess chemistry in a relationship, it's either there or it's not. This Netflix comedy special was not funny and though some people say, I liked it, it was good, he did okay, it was his first time, hey, give him a break. Yeah, but the thing you have to realize is comedy is one of those things where there are different types, his skits to me are very relatable and they're very entertaining. He shows a little bit of everything, his relationships, relationships of other people, people like Mike Bless, they help the skits out, he's had Derek Jackson on there. I think his skits are amazing, I think they're wonderful, I think they're well planned out, they're well scripted but I don't think stand up comedy is Wayne's thing. I don't think that's what country Wayne should do. I just don't think he's a stand up comedian. I think when you look at guys like Lavelle Crawford, people like Chuckie, you remember Chuckie Ducky, people like Bernie Mac, I mean Dave Chappelle, Mike Epps, there's so many people, Cat Williams, that are just naturally funny. Stand up is not for everyone. Eddie Murphy, he was a great actor, you saw him in Beverly Hills Cop but you saw Delirious, you saw Raw, he was a comedic genius on that stage. His timing, his jokes, the level of comfort, country Wayne just didn't have that. So my honest opinion, I give the Netflix comedy special a one and like I said, that's being generous, I just thought it was absolutely horrible. That's just honest. You guys have been locked into another edition of Convo Over Cigars, I want you to check out his Netflix comedy special. We're talking about Wayne Coley, The Woman's Prayer. A lot of people say it sounds like a movie or something a little bit more dramatic but no, it's a comedy special. Want you guys to check it out and I wanna hear what you guys think. Guys have been locked into another edition of Convo Over Cigars, I'm your host on a Friday, Derek Andre Flemming, take care guys.
Bloomberg Daybreak
Fresh update on "friday" discussed on Bloomberg Daybreak
"Team or prop trading group to compete with you for your clients. Switch to the custody solutions that work for you at ibkr .com. There are a lot of things I have to try before I die. How did this nerdy gamer become the world's richest 29 old? year Three years ago nobody knew who you were. All this weekend listen to Spellcaster, the podcast that chronicles the fall of FTX founder Sam Bankman -Free. Everything was kind of like in chaos. Almost mafia like behavior. It's basically worth zero now. This Spellcaster takeover all this weekend beginning Friday night at 7 Eastern. On Bloomberg Radio, context changes everything. You're never completely ready to adopt a teen. For late nights writing English papers. For your teen's music taste. For dinners where they talk more on their phone than with you. For the first They call you mom. You're never completely ready to adopt a teen and you can't imagine the
THE EMBC NETWORK
A highlight from How to deal with a liar (Series) E1
"Hey, you hear that? That's what home field sounds like. It's how you know it's time to go for the win. Gambet DC is your home field advantage for sports betting. Bet from almost anywhere in DC with an easy to use app and convenient betting locations district wide. Online, in app or in person. Get the home field advantage with Gambet DC. Must be 18 or older to bet? Please play responsibly. Music Coming at you tonight. January 16th. Starting off the series actually tonight on Sunday instead of our Saturday. So this is going to just be Sunday, Monday, Tuesday, Wednesday, Thursday, Friday for this series. For those of you that are new, welcome each week. I come up with a very interesting topic. And I address different points of that topic each night in my live stream. If you are coming back, well, welcome back. It's great to have our old friends back again. And, you know, why don't you go ahead and give me some love, whether you're on Facebook, Facebook, John C. Morley Serial Entrepreneur page, whether you're on my LinkedIn profile page, whether you're on John C. Morley Serial Entrepreneur YouTube page, whether you're on my John C. Morley Serial Entrepreneur Twitter, Twitch or Periscope page. Show me some love, depending on what love those platforms have by clicking the appropriate button. Subscribe, like, support, insight, curious. Be so grateful for that. And, you know, friends, tonight we're going to talk about how do you deal or handle a liar? Now, that's an interesting thing, right? So first of all, before I get started, why don't you comment below? Have you ever known someone that's lied to you and it's made your position, well, a little bit challenging? Or have you lied maybe to someone else and realized that you really shouldn't have done that, but you just couldn't stop? It was like this habit. Either way, just comment below. We'd be so grateful for you to do that. But before I get started, as I said, I would like to first give you guys the definition of what a liar is, right? Now, you're probably saying to me, John, you know that that's kind of crazy. Well, no, it's not. So we're going to give you the definition from Merriam Webster. And this is the definition right from their book about what a liar is.
Bloomberg Daybreak Europe
Fresh update on "friday" discussed on Bloomberg Daybreak Europe
"-Free. Everything was kind of like chaos. Almost mafia -like behavior. It's basically worth zero now. spellcaster This takeover all this weekend beginning friday night at seven easter on bloomberg radio Context changes everything. What is dedication? My daughter is biological and my son is adopted. I love them both so much from the morning when you wake up to putting them to bed at night and every moment in between. I think the parents job is to protect our children but also prepare them for the world so they become good kind human beings. That's dedication. Find out more at fatherhood .gov Brought to you by the US Department of Health and the ad council. Economics. This is a
The Breakdown
A highlight from The Top Five Stories in Crypto This Week } SEC vs. Binance, Crypto Funds Raise and More
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Saturday, September 9th, and that means it's time for the weekly recap. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, back with round two of the dialogue news analysis show that I've been experimenting with with Scott Melker on Fridays. Still doesn't really have a name. So for you guys, it is just the weekly recap, but on this show, we're digging deeper into a bunch of things that we've covered this week on The Breakdown, as well as some things that we haven't. We talk about Visa's stablecoin settlement program, the FASB changing the accounting rule, a slew of discussions around Genesis and DCG, including Genesis suing DCG, a little bit more ETF talk because it's 2023. So what else are we going to talk about? And then the recent CFTC decisions against a set of DeFi protocols. As always, this content is a little bit more opinionated and analysis versus just what happened. And I think that if I have to sum it up, what all of these stories sort of look like to me or where their common through line is, is entering this phase of final cleanup and preparation and transition from everything that was to everything that will be. You're seeing half of the stories that come out about new TradFi integrations and institutional programs and infrastructure being built, and then half the programs that are about legal battles and cleanup from what happened before. To the extent that there is a shift in feeling among those legal battles, more and more of others and availing themselves of the legal system to actually get better policy made. And so I think net net the trend is towards positivity and the next thing versus being dragged down by the last thing. That said, there is still a lot of cleanup left from last year. So let's dive in and see what you guys think. So it was pretty challenging this week to get down to a top five in my very humble opinion, so much so that I kind of like listed a few honorable mentions here. I am not even in the top five apparently as a jam or JP Morgan moves into deposit tokens for settlements. Stake was hacked by North Korea once again. How can we stop North Korea from hacking us? We have apparently the U .S. authority is an FBI looking into DCG and the IMF saying not to ban crypto. And those aren't even in our top five stories.
WTOP 24 Hour News
Fresh "Friday" from WTOP 24 Hour News
"Out of the 60s through Friday I'm 45 degrees or 65 degrees rather outside the WTOP studios brought to by you Long Fence save 25 % on Long Fence decks pavers and fences six six months no payments no interest financing terms and conditions apply go to fence com dot money news at 10 hour here's Mark Hamrick the increasingly long holiday I'm Mark Hamrick with the bank rate dot com personal finance minute are you among the majority of holiday shoppers planning to begin shopping before Halloween digging down further on our new survey finding some 33 % of Americans expect inflation to impact their shopping habits 25 % say they're stressed about the cost of holiday shopping
Markets Daily Crypto Roundup
A highlight from CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI Voice is here to give you six crypto market takeaways from last week. We will start by taking a look at what happened in markets in the first half of the week. Here, Coindesk Indices provides week -on -week data over seven days leading up to Tuesday, September 19th. The DeFi sector has performed exceptionally well recently. Coindesk's DeFi index surged by 9 .1 % week -on -week, outpacing the overall Coindesk market index, which only rose by 6 .4%. Notable assets in this rally include AMM ThorChain, which climbed by 29%, and the yield protocol TrueFi, which gained 25%. In the distributed computing sector, we've witnessed some positive price movements this week. Several assets, such as the shared storage protocol Storj with a remarkable 27 % increase week -on -week, and the VPN platform Orchid showing an 18 % rise week -over -week, which have consistently outperformed the market. However, Layer 1 Avalanche stands out for its negative performance in the crypto space this week, with Avax declining by 1 % week -on -week. Stay tuned for after the break when we will bring you three more takeaways from Friday, September 22nd.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI Voice is here to give you six crypto market takeaways from last week. We will start by taking a look at what happened in markets in the first half of the week. Here, Coindesk Indices provides week -on -week data over seven days leading up to Tuesday, September 19th. The DeFi sector has performed exceptionally well recently. Coindesk's DeFi index surged by 9 .1 % week -on -week, outpacing the overall Coindesk market index, which only rose by 6 .4%. Notable assets in this rally include AMM ThorChain, which climbed by 29%, and the yield protocol TrueFi, which gained 25%. In the distributed computing sector, we've witnessed some positive price movements this week. Several assets, such as the shared storage protocol Storj with a remarkable 27 % increase week -on -week, and the VPN platform Orchid showing an 18 % rise week -over -week, which have consistently outperformed the market. However, Layer 1 Avalanche stands out for its negative performance in the crypto space this week, with Avax declining by 1 % week -on -week. Stay tuned for after the break when we will bring you three more takeaways from Friday, September 22nd.
The Crypto Overnighter
A highlight from 677:FTXs $157M Suit, MiCAs EU Impact, and Senates Crypto Gridlock
"Why do tacos get their own day of the week? Is it because Mondays are so rough we need a Tuesday filled with beefy tortillas shared with good friends? If so, why don't we have Wellington Wednesdays stroganoff Saturdays and, heck, beefball Mondays? Then Mondays would just be another reason to enjoy our favorite beef with our favorite people. Together we bring more. Beef. It's what's for dinner. Funded by beef farmers and ranchers. Good evening and welcome to the Crypto Overnighter. I'm Nick Ademus and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10 pm pacific on Friday, September 22nd, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight we're diving into the labyrinth of legal battles, regulatory walls, and the global maneuvers that are reshaping the crypto landscape. From FTX's massive lawsuit, to Binance's European jitters, and from the Senate's stalemate on crypto legislation, to India's tightening grip, things are heating up. Buckle up, you don't want to miss this one. FTX is suing former employees of its Hong Kong affiliate, Salamata, for a staggering 157 .3 million dollars. The lawsuit makes allegations against Michael Burgess, Matthew Burgess, and their mother Leslie Burgess, Kevin Nguyen, and Darren Wong, along with two companies they controlled. The suit says the defendants fraudulently withdrew assets leading up to FTX's bankruptcy. This 90 -day period before the bankruptcy filing is known as the preference period. During this time, these individuals allegedly exploited their connections to FTX personnel to prioritize their withdrawals over other customers. But wait, there's more. The lawsuit also claims that Matthew Burgess enlisted other FTX employees to expedite certain pending withdrawal requests. These withdrawals were made just hours after FTX halted all withdrawals on November 8, 2022. More than 123 million dollars of the total 157 .3 million dollars were withdrawn on or after November 7th. Now let's talk about the man at the center of this all, Sam Beckman -Free. Now he's currently in jail awaiting trial. His appeals to get out of jail have been rejected, and so he remains in jail as his trial approaches. What happened is the U .S. Court of Appeals for the Second Court also ruled against SBF. They found no merit in his arguments for release. The court stated that his actions likely fall outside constitutional protection. The court ruled that he likely tampered with witnesses, a claim that he denies. His trial starts on October 3rd where he faces fraud and conspiracy charges. This lawsuit isn't the first time FTX has tried to reclaim payments. They've targeted Beckman -Free, his executives, they've even gone after his parents looking for company funds. But that's not all. His day got a lot worse when Judge Lewis Kaplan blocked all of SBF's proposed expert witnesses. The defense had a lineup of seven individuals from various fields. The Department of Justice objected and the judge sided with them. The defense can't try again, but they're in a tight spot. If convicted, SBF could face over 100 years in prison. Now if you think FTX's legal woes are a storm, brace yourself. We're venturing into the choppy waters of Binance and the EU's regulatory typhoon. Smash that like button and follow us for more analysis. Now let's dive in.
The Breakdown
A highlight from Could Oil and a Gov't Shutdown Screw Up Powell's Plans?
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 22nd, and today we are talking oil, macro, everything that could throw the economy off. But before we get to that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to bit .ly slash breakdown pod. All right, friends, well, we are sort of continuing the macro story today that we picked up around Powell and the FOMC this week. And one of the questions that Powell was asked was about risks that threatened to knock the economy off course. Two that he mentioned that we're going to spend a little time on today include oil prices and a potential government shutdown. Let's start with oil first. The price of crude oil has steadily increased over the past four months. From a low of around $70 in June, oil reached almost $90 a barrel for the US -based WTI benchmark contract and $95 per barrel and $95 per barrel for international Brent crude earlier this week. The price increase for crude has driven US gas prices back above $3 .80 per gallon, the highest level since last October. Overall, gas prices have ramped up by 20 % since the beginning of the year, according to AAA. Now, there are a number of factors all contributing to steadily increasing oil prices since the June lows. The first is OPEC+. The economic group of oil producing nations led by Saudi Arabia and Russia have recently curbed output. Production cuts, which were agreed to late last year, have been gradually implemented over the past six months. In July, Saudi Arabia voluntarily cut an additional 1 million barrels per day from its production quota, about 10 % of its previous output. Existing production cuts across OPEC have already been extended into next year and analysts expect Saudi Arabia to extend their voluntary cuts until March. On Thursday, Russia further constrained supply by banning the export of diesel and petrol. Russia is one of the world's largest suppliers of diesel alongside their status as producing around 12 % of the global supply of crude oil. The International Energy Agency said last year that Russian refineries produce, quote, roughly double the diesel needed to satisfy domestic demand and typically export half their annual production. Analyst opinions focused on the simplest explanation for the ban, retaliation for sanctions. Henning Gloestien of the Eurasia Group said, Russia wants to inflict pain on Europe and the U .S. and it looks like they're now repeating the playbook from gas and the oil market ahead of the winter months. They're showing that they're not finished using their power over energy markets. The Kremlin said the ban was temporary and aimed at addressing rising energy prices in domestic markets. However, they gave no timeline on when the ban might be lifted. U .S. and European policymakers have largely banned the importation of Russian refined fuel since February, which has required Russian supply to be routed through third party regions including Turkey, North Africa and Latin America. Now, OPEC cuts over the past year were predicated on a weakening demand profile heading into this year. At the time they were announced, recessions were expected across Europe and the U .S. China was an open question with the potential of reopening pushed back in the midst of additional pandemic waves. But since then, the European economy is sputtering along, albeit with dismal manufacturing data out of Germany. The sanctioning of Russian supply has caused European demand to be displaced to other regions with refining capacity, largely India and the Middle East. In the U .S., recession has been continuously pushed off into the future and oil demand is now back at all time highs with no signs of slowing. Although the Chinese economy has hit some turbulence recently, oil demand remains robust. Analysts expect China's oil demand to remain high as Beijing secures strategically important resources. What's more, analysts expect China's oil demand to remain high as Beijing secures strategically important resources in part to mitigate geopolitical risks as well as to shore up its manufacturing and transportation industries. So with oil prices spiking, many are wondering whether the White House will once again intervene in markets using the Strategic Petroleum Reserve. Between November 2021 and September of last year, the White House authorized a number of SPR releases. The final policy saw one million barrels per day provided into the market over six months. A small amount of oil was restocked earlier this year, but the SPR still sits at a little over half its pre -pandemic level. Earlier this week, a headline circulated proclaiming that quote, Biden says depleting SPR is on the table. This was later found to be a hoax with no legitimate source, but it demonstrates how difficult high oil prices could be for the U .S. economy heading into election season. To wit, many saw the SPR release as a political decision rather than an economic decision heading into the 2022 midterms. In the private sector, U .S. oil inventories have recently hit 40 -year lows of 46 -day supply, well below the longer -term average of 65 days. And while August's inflation reports already showed a small uptick due to oil -related prices, the effect is expected to be more profound across this month. Dario Perkins, an economist at T .S. Lombard said, That said, it is important to keep these recent inflationary developments in context. We are not yet in danger of undoing 12 months of solid disinflationary progress, not even close. Others suggested that high oil prices would have a greater impact on growth rather than inflation. Maya Bhandari, head of multi -asset at BNP Paribas Asset Management said, It really impacts the growth side of the Goldilocks equation rather than the inflation side of things over the long term. Theory is that sustained high oil prices begin to eat into disposable income for households alongside higher costs of production for manufacturing and logistics. These combine to reduce growth and potentially tip the economy into recession. Overall, this situation in the oil markets has, to some, many parallels to the liquid natural gas spike in the winter of 2022. Prices in some markets rose more than tenfold, European energy companies scrambled to secure supply at any cost, and multiple firms went bankrupt due to the volatility in markets. This week, Bloomberg reported that the trading arm of French supplier Total Energies has played a major role in bidding up the price of U .S.-based oil. Their source claimed that the firm is paying a premium for physical U .S. barrels, pushing the spread against futures to levels not seen since last November. With all of that said, there are some signs that the oil market is beginning to cool off. On Thursday, Brent crude futures fell to $92 per barrel, which represented the third straight day of price declines, which is the longest streak in almost a month. Warren Patterson, head of Commodity Strategy at ING, said the Fed's hawkish messaging has quote, put some pressure on risk assets, including oil. The dollar index has risen by 0 .8 % since Chair Powell left the podium, a large enough move to weigh on asset markets. Patterson said he still expects Brent crude to move above the $100 mark in the near term, but that he doesn't anticipate the move will be sustainable. So that is the view on oil overall. The thing that I am definitely going to be watching more than anything else is the political dimension of this. We are now entering the period where everything, even more than usual, is going to be completely wrapped up in what it means for the election season. If prices at the pump keep trending up, it seems very likely that the Biden administration will be willing to do what it takes, including SPR releases, to get those prices down. But that's just something we're going to have to keep an eye on. Now what about that other factor that Powell mentioned? Well yes, indeed, my friends, the US government is once again hurtling towards a shutdown after efforts to pass a short term spending bill were scuttled on the House floor on Thursday. House Speaker Kevin McCarthy attempted to marshal Republicans to vote through a package to keep the government funded past the end of September. Closed door negotiations continued late into Wednesday night, but were apparently unconvincing. The bill currently being considered is the $886 billion Defense Appropriations Act. The bill was stifled in the House after five GOP representatives refused to allow debate to begin by voting against a preliminary procedural rule. Democrats also voted against the measure and appeared to taunt Republicans apparently reveling in seeing the GOP's slim majority descend into chaos. Among the Republican dissenters was Marjorie Taylor Greene, who opposed the inclusion of $300 million in funding to the Ukrainian war effort. On Thursday, Politico reported that Pentagon sources have said Ukrainian operations have been exempted from any shutdown, making that part of the dispute rather moot. McCarthy sent House members home on Thursday night to return to Washington on Tuesday. He told reporters after the failed vote, quote, two people flipped, so I got to figure out how to fix that. That wasn't the impression they had given us. Now, this was McCarthy's third attempt at bringing the bill to the House floor. The current proposal on the table is a 31 -day stopgap funding mechanism to forestall a shutdown to begin next weekend. McCarthy remarked on the change in tone in Congress among that extreme element of the Republican Party, stating that, quote, this is a whole new concept of individuals that just want to burn the whole place down. Now, even if a 31 -day stopgap is passed in the House, it seems unlikely to make its way through the Democrat -controlled Senate. The bill includes a 30 percent temporary cut to domestic agencies and immigration law changes, neither of which are likely to get the seal of approval from Dems. Senate Majority Leader Chuck Schumer said instead of decreasing the chance of a shutdown, Speaker McCarthy is actually increasing it by wasting time on extremist proposals that cannot become law in the Senate. House Democrat leader Hakeem Jeffries remarked that the situation was playing out as a, quote, Republican civil war. Now, if it comes to pass, this would be the 11th government shutdown since 1980. The logic is that hard -line positions that don't enjoy support in the Congress can be put directly to the American people by shutting down the government and drawing attention to the impasse. Republican Ralph Norman said last week that, quote, we're going to have a shutdown. We believe in what we're doing. The jury will be the country. Still, the record on government shutdowns doesn't really support that strategy. Not one of the 10 previous shutdowns resulted in the dissenting group extracting concessions. Typically, the American people quickly turn on the party they view as blocking access to government services over a petty squabble. Alex Conant, a Republican strategist, said, This is such a dumb fight because there's no principle that we're standing on here. It's just bad tactics. While the dispute is nominally over excessive government spending, with Republican dissenters pushing for funding to be reduced back to 2022 levels, the underlying problem is, of course, the level of discord within the Republican Party. McCarthy was voted in as House Speaker after a record 15 attempts. The process took four days and frequently descended into a farce. This was only the second time in the post -Civil War era that a House Speaker had failed to be elected on the first attempt. Conant noted the terrible optics of a government shutdown of the Republicans' own making heading into election season, stating that, quote, Biden didn't win because of his political skills and soaring oratory. He won because Republicans blew themselves up with Trump. I'm afraid we're seeing history repeat itself, with the GOP once again helping Biden by shooting themselves in the foot. Of course, never one to shy away from controversy, Trump fanned the flames on Wednesday, posting that, quote, Republicans in Congress can and must defund all aspects of Crooked Joe Biden's weaponized government that refuses to close the border and treats half the country as enemies of the state. He added that, quote, This is also the last chance to defund these political prosecutions against me and other patriots. They failed on the debt limit they must not fail now. Use the power of the person to defend the country. Now, zooming out and trying to get away from the politics of the situation, which obviously is not the focus of this show. The reason that this was brought up at last week's FOMC press conference is that a government shutdown would halt the publication of government data. This would include employment, inflation and growth statistics, which are currently playing a key role in guiding Fed policy. Now, given how much the Fed has said over and over again, their policy is going to be driven by data, presumably not having access to that data would be a fairly big deal. Yet in spite of that, Powell tried to put on a brave face, saying, If there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't be getting some of the data that we would ordinarily get and we would just have to deal with that. Now, by way of some history, the longest ever government shutdown lasted 35 days. The dispute was around funding for the border wall and quickly turned public sentiment against the Trump administration. Republicans controlled both the House and the Senate, but the administration failed to convince their own party to fund the wall. At the time, Democrat Senator Jon Tester called it the most stupid shutdown I have ever seen in my life. However, if this week's display is anything to go by, that 2019 shutdown could soon have some competition for that title. Now, what does this all have to do with the crypto sphere? Well, I think in many ways these are just exemplary of the state of politics in general. And given that, perhaps it's not surprising that former Senator Pat Toomey is not optimistic about the chances of crypto legislation being passed during this Congress. Just prior to retiring from Congress at the beginning of the year, Toomey introduced his own crypto bill, which focused on stablecoin regulations. Now, the House currently has two major crypto bills eligible to be brought for a vote. One would establish a stablecoin framework while the other introduces more broad crypto regulations. While speaking at a Georgetown Law Seminar on Thursday, however, Toomey said, I don't see a path forward in the Senate regardless of how the vote goes in the House. He added that of the two, he sees the stablecoin legislation as having the best shot. The sticking point will likely be Senate Banking Committee Chairman Sherrod Brown. While Brown has been outspoken about the risks of crypto and the need to bring the industry to heel, he has so far remained extremely quiet on exactly what form of legislation would meet his approval. And of course, any crypto legislation would need the support of Democratic senators to pass a vote to become law. Still, during an interview on Thursday, Coinbase Chief Policy Officer Faryar Shirzad said that she thinks that Brown's lack of commitment to a legislative position might actually be a good thing. Shirzad said, Now, last week, Brown wrote a letter to head regulators at multiple agencies urging them to use their existing powers to crack down on non -compliant crypto firms. This of course seems to be the clear intention, at least at the SEC. On Tuesday, the head of that agency's crypto assets and cyber unit, David Hirsch, warned that more enforcement actions would be coming against crypto intermediaries, including DeFi protocols. Still, Toomey, who serves now as an advisor to Coinbase, views stablecoin legislation as the solvable problem. At the moment, Democrats are pushing for the Fed to serve a central role in regulating issuers rather than granting oversight power to state regulators. This preference is believed to be driven by the White House. Toomey said, He thinks that senior Democrats will get on board once the White House is satisfied with the stablecoin proposal. Although that proposal might have to wait until after the election, as Toomey said in the next Congress, I think it's quite possible to get something done.
Coronavirus
A highlight from Proposal For Celo To Launch On Polygon CDK
"Welcome to your Ethereum news roundup, here's your latest for Friday September 22nd, 2023. Polygon proposes for Celo to build on Polygon CDK, Uniswap wallet integrates MEV blocker, Quintus taking V2 goes live, and a vote goes live to deploy Aave V3 on Polygon ZK EVM. All this and more starts right now. The Arbitrum on Gitcoin Grants is now live, if you'd like to support this podcast please consider contributing by visiting ethdaily .io forward slash gitcoin. Polygon co -founder Sandeep Neewa published a proposal seeking for the Celo ecosystem to consider the deployment of its Layer 2 solution as a ZK power chain using Polygon CDK. The transition would provide Celo with EVM equivalent compatibility, enhanced security through ZK proofs, low -cost transaction fees, and interoperability with other ZK power chains. Neewa also offered implementation partners to support CeloCore developers in deploying a CDK -based chain. The proposal comes after Celo Labs released its own proposal to transform its Layer 1 network into a Layer 2 based on the OP stack with EigenDA for data availability. Celo is an EVM -compatible Layer 1 chain focused on payment infrastructure. Uniswap Wallet integrated swap protection as a default feature on all Ethereum mainnet transactions. Swap protection shields users from frontrunning and sandwich attacks. The added protection layer may result in a slightly higher auto -slippage for certain swaps to help increase the chances of a successful transaction. The swap protection feature is powered through the MEV blocker RPC endpoint from Calprotocol. MEV blocker directs user transactions to a private mempool and even refunds users a portion of MEV generated from their transactions. Swap protection is only available in the Uniswap Wallet mobile app. However, users can add the RPC endpoint to their desktop wallet. Users can disable the feature if desired. Quenta launched Staking V2, an upgrade to a new set of smart contracts that introduce a checkpoint system for tracking staked balances. The upgrade introduces the ability to transfer escrow entries, a two -week cooldown for unstaking, support for smart contract -based staking, early vesting, and automated reward compounding. Quenta V1 stakers are required to manually migrate their positions to the new V2 contracts in order to continue receiving rewards. Only Quenta staked in the V2 contracts will count towards style voting power. Quenta is an optimism native perpetual DEX built on synthetics. And lastly, a snapshot proposal to deploy Aave V3 on Polygon CK EVM is now open for voting. The initial deployment seeks to support Raped Ether, Raped Matic, and USDC as collateral for borrowing USDC. The deployment aims to expand Aave's presence across Layer 2 networks. Polygon CK EVM is an EVM equivalent ZK rollup with just over $18 million in total value locked. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you on Monday.
Ethereum Daily
A highlight from Proposal For Celo To Launch On Polygon CDK
"Welcome to your Ethereum news roundup, here's your latest for Friday September 22nd, 2023. Polygon proposes for Celo to build on Polygon CDK, Uniswap wallet integrates MEV blocker, Quintus taking V2 goes live, and a vote goes live to deploy Aave V3 on Polygon ZK EVM. All this and more starts right now. The Arbitrum on Gitcoin Grants is now live, if you'd like to support this podcast please consider contributing by visiting ethdaily .io forward slash gitcoin. Polygon co -founder Sandeep Neewa published a proposal seeking for the Celo ecosystem to consider the deployment of its Layer 2 solution as a ZK power chain using Polygon CDK. The transition would provide Celo with EVM equivalent compatibility, enhanced security through ZK proofs, low -cost transaction fees, and interoperability with other ZK power chains. Neewa also offered implementation partners to support CeloCore developers in deploying a CDK -based chain. The proposal comes after Celo Labs released its own proposal to transform its Layer 1 network into a Layer 2 based on the OP stack with EigenDA for data availability. Celo is an EVM -compatible Layer 1 chain focused on payment infrastructure. Uniswap Wallet integrated swap protection as a default feature on all Ethereum mainnet transactions. Swap protection shields users from frontrunning and sandwich attacks. The added protection layer may result in a slightly higher auto -slippage for certain swaps to help increase the chances of a successful transaction. The swap protection feature is powered through the MEV blocker RPC endpoint from Calprotocol. MEV blocker directs user transactions to a private mempool and even refunds users a portion of MEV generated from their transactions. Swap protection is only available in the Uniswap Wallet mobile app. However, users can add the RPC endpoint to their desktop wallet. Users can disable the feature if desired. Quenta launched Staking V2, an upgrade to a new set of smart contracts that introduce a checkpoint system for tracking staked balances. The upgrade introduces the ability to transfer escrow entries, a two -week cooldown for unstaking, support for smart contract -based staking, early vesting, and automated reward compounding. Quenta V1 stakers are required to manually migrate their positions to the new V2 contracts in order to continue receiving rewards. Only Quenta staked in the V2 contracts will count towards style voting power. Quenta is an optimism native perpetual DEX built on synthetics. And lastly, a snapshot proposal to deploy Aave V3 on Polygon CK EVM is now open for voting. The initial deployment seeks to support Raped Ether, Raped Matic, and USDC as collateral for borrowing USDC. The deployment aims to expand Aave's presence across Layer 2 networks. Polygon CK EVM is an EVM equivalent ZK rollup with just over $18 million in total value locked. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you on Monday.
Tech Path Crypto
A highlight from 1264. Government Shutdown Approaches | Crypto Markets in DANGER!
"All right, so today we're going to dive into the government shutdown. Take a look at how this may affect markets, especially the crypto markets, and of course break down a few charts for you guys at the end. You make sure and stick around for all this good stuff. My name is Paul Bearer. Welcome back in The Tech Path. All right. Before we get started today, I want to thank our sponsor, and that is iTrust Capital, for looking at long term holding. Make sure and jump over to iTrust Capital. You can do everything from Bitcoin, Ethereum, a handful of all coins, but you can also get into gold and silver. All of that is available into your own IRA account, self -directed. All you have to do is click our link down below. It's going to give you a $100 funding reward, and you can go on your journey of setting up your IRA. And it's almost that time of year. We're starting to get into tax planning and all those kind of things. Always consult your CPAs and or your tax advisors for the best advice out there. But check it out. All right. Let's get into a few things. I want to get into the government shutdown first. I've got a couple of clips we'll play for you. We'll get into some charts a little bit later for you as well. I want to go to this first clip, though. This gives you kind of a rundown of what's happening. Here's a refresher. First off, Congress needs to pass 12 appropriation bills annually to give government agencies a budget for the coming fiscal year. If some of those bills pass but others don't, by the deadline, the government enters a partial shutdown. If all 12 appropriations bills aren't passed, the country goes into a full shutdown. Congress has only a handful of working days left to keep the government funded. Speaker Kevin McCarthy says he's willing to keep the House in session on Friday and Saturday if a deal hasn't been reached to avert a government shutdown. However, both of the sides, the House and the Senate, will be off the following Monday in observance of Yom Kippur, continue to jam House Speaker Kevin McCarthy, who's been trying and failing to pass bills to keep the government open with Republican votes only. Do you believe the government is going to shut down? Yes. And it's Kevin McCarthy's fault. Kevin broke this deal. And I intend to hold him to that deal or to hold daily votes on a motion to make. Some members warn an October 1st federal shutdown is increasingly likely, which could rattle the stock market and Americans for a one case. The seven hundred fifty thousand member American Federation of Government Employees has warned members to save up whatever money they can. This isn't happening in a vacuum. It happens when we have a spreading strike of UAW workers and we have a lot of people who are being asked to start paying student loans. So we could be hitting the economy with three things. Three things put together could begin to have a punch. I mean, are we already at more than 50 percent odds of a shutdown? Well, I think so. I think it's more likely than not. It's possible if there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't we wouldn't be getting some of the data that we would ordinarily get. And we you know, we would just have to deal with that. And I don't know, it's hard for me to say in advance how that would affect that meeting. It would depend on all kinds of factors that I don't know about now. But it's certainly a reality that that's a possibility.
The Eric Metaxas Show
A highlight from Socrates in the City: Eugenia Constantinou (encore)
"Welcome to the Eric Metaxas Show. I shouldn't tell you this, but Eric hired someone who sounds just like him to host today's show. But since I'm the announcer, they told me, so I'm telling you, don't be fooled. The real Eric's in jail. Hey there, folks. Welcome to a special edition, Holy Thursday special edition of the Eric Metaxas Show, where we're going to be airing, starting right now, my conversation from Socrates in the City. We did it on February 28th with the extraordinary Eugenia Constantino. The woman is obviously Greek, but she is, if you've read her book, The Crucifixion of the King of Glory, an utter genius. Not just in her scholarship, but in communicating with super clarity the events of Holy Week, what happens on Good Friday. We thought it was appropriate to air it today because it's just that wonderful. I can't recommend her book, The Crucifixion of the King of Glory, highly enough to anybody interested in what happened that week. It's the latest scholarship. It is brilliant. It is powerful. And it's a devotional thing. So that's why I wanted to air that today. So coming up in a couple seconds, my conversations. Don't miss it. Share it. Here it is. Eugenia Constantino, welcome to the stage of Socrates in the City.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 09-22-2023 16:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context, and context changes everything. Go to Bloomberg .com to get context. If you're looking at the S &P 500 in particular on a quarterly basis, it's on pace for its first quarterly loss actually in a year, so next week will be the final week in the third quarter. Yeah, we should point out, of course, for the S &P 500, a down week to be sure, in fact, setting up here for what looks like it's going to be the worst week that we've seen in quite some time, erasing all of the gains for the month of September, erasing all of the gains that it had in the month of August, and erasing all of the gains that it had in the month of July. So this is a market that effectively has gone nowhere since that phenomenal run through the first six months, and now here on this Friday afternoon, here on September 22nd, the S &P 500 posting its worst weekly decline since March 10th, a two -tenths of a percent decline on the day, about a three percent decline on the week, the Dow Jones Industrial average down three -tenths of a percent here on the day, while the NASDAQ composite is going to finish fractionally lower by about a tenth of a percent, and the Russell 2000, that was your relative laggard here on the day, down three -tenths of a percent, setting up for what looks like it's going to be the fifth straight week of declines. Yeah, a little perspective in terms of where we are in 2023, you've still got a NASDAQ 100 that's up 34 percent, an S &P that's up about 12 percent, it is really the small -cap universe that continues to lag, Katie. It's just up, what, about, I don't know, eight -tenths of a percent here on the year. And if you take a look under the hood of some of these indexes, and you take a look in particular at the industry groups, there's a lot of red, there's not a lot of green for this Friday. You can see up at the top, you do have some of the chip makers, the semis, getting a little bit of love up by one percent or so. Then some of those tech hardware names also managing to stay green.
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 09-22-2023 15:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. Monday will be pretty nice too. Yes it will. They don't come back till Tuesday. And we'll meet you then here on Sound On. As always, I'm Bloomberg. Bloomberg Business Week starts right now. And a very good afternoon, everybody. Happy Friday, or Fri -yay, as our Sarah Livesey likes to say. It is Friday, September 22nd, 2023. Carol Master, my co -host Tim Stenebeck is off on this Friday. Bloomberg's just met in the house, thank God, because we've had so much going on in terms of the trade this week. Worst week for stocks since March, is that right? What a week, yes. It's been bouncing around, but at this point it's back on pace for its worst week since March. But I also want to point out, the S &P 500 did snap a streak of 102 trading sessions without a drop of at least 1 .5 % yesterday, so that was the longest streak since 2018. So it really tells you that basically since late April, people were buying any sort of marginal dip there, but then now we're beginning to see some of those bigger moves on the downside happening. All right, we're going to talk about all that. And it really was a big reset in terms of the treasury trade. We're going to talk about that in a big way in just a moment. We're also just going to get the latest on the UAG.
The Café Bitcoin Podcast
A highlight from Swan Private Macro Friday with Steven Lubka, Sam Callahan, John Haar, and Terrence Yang - September 22nd, 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. This is like a rabbit hole, but, you know, posture is a very interesting topic because there's lots of studies out there that show that actually fixing posture doesn't do absolutely anything to preventing pain. So you could say posture is a shitcoin. The best way to fix your posture, I think, is just sell your chair. So, Sam, I've been doing a muscle activation technique, which is basically a realignment of your nervous system, I guess, so you have a bunch of different muscles that help your joints to mobilize your joints, and oftentimes we get micro injuries and some of these slow twitch deep muscles stop working and then your body compensates, of course, by utilizing other muscles around that muscle group or within that muscle group to compensate, and sometimes those muscles start refiring again and sometimes they don't. And so I've been doing this thing called muscle activation technique, and my posture has actually improved because this technician has gone through and ensured that all of these muscles that are around these joints for mobility and range of motion are activated. And I feel I actually it's almost like magic. It's just really weird thing because you don't really you can't really tell what's going on because you don't really feel a lot of these muscles individually. But after doing this for about 10 sessions now, I feel better physically than I have in a long time. My posture is better. It feels like my body is working in much better than it has in the past. And it's really been it's really and he and he actually and people have noticed my posture getting better. And it's just a really it's it's probably the best health care money because he doesn't take insurance or anything. It's probably the best health care money I have spent in the last 20 years. Wow, that's quite an endorsement. Well, that's great. Happy it's up for you. Muscle activation techniques. What's up, Terrence, Dom, good morning. Yeah, I've been working on my posture, too. I look back at like old bull market charts, Bitcoin, and then in my posture, I like puff up and my everything kind of comes much better. I just have to go on internal team videos, watch my great colleagues, Steven Lubka and put them. Sometimes they look the same to me because they have the exact same posture and they're the same height. But yes, that's always a good reminder to improve my posture. That is true, as you learn about Bitcoin and you stop watching every single five minute candle staring at the chart and just stop worrying and go outside and start learning about other things, start learning about the network, reading books, the posture improves. So there's a little benefit there. Dom, yeah, I saw you make an announcement about the proof of workforce. Congratulations. Pretty cool. You want to tell us a little bit about it? Yeah, thanks, Sam. I got a little background noise because I'm on the big red. But yeah, really awesome to get that thing up and going. We put it, we tweeted out our board, which is, in my opinion, an unbelievable board of directors, including, I see in the audience, the one, the only Joe Carlasari. So I got mad BJ Dictor sound effects. I got my BJ Dictor sound effects loaded up right now. So, yeah, no, just doing great stuff, doing some great work, really excited for it and excited to talk more about it at Pacific and connect with anyone who's looking to bring Bitcoin to workers and unions and other membership based organizations. So really cool stuff. And yeah, man, super pumped. Yeah, I think it's a super cool nonprofit just working for, to educate people about Bitcoin, these unions, these pensions. Congrats on getting that off the ground. I think it's a really important effort for the next bull market to kind of start protecting workers and their future retirement. So with Bitcoin. Yeah, it's a tough group to crack sometimes. And it really helps, you know, was thinking about like, what's the best model and the nonprofit model being able to come in with no product? No, like, hey, sign up here. Like, hey, here's the cards on the table. We want to help you figure out how this works with your organization, whether that's just education, whether it's adding Bitcoin to the balance sheet, you know, enabling lightning payments for your members, you know, whatever that is, we just want to provide the tools and then let them kind of find their way on their own. Yeah, probably use the Nakamoto portfolio. That's a great tool right there. It's going to help a lot. Check it out. Nakamoto portfolio dot com. Play around with those tools. Extremely powerful. Yeah, that's a great tool for sure. Kind of pivoting a little bit, but like. Did you guys see that video of the guy getting his engagement ring back on like a reality TV show and then saying, you know, oh, that's a Bitcoin. That was hilarious. I could play it for you if you want. Yeah, why don't you play it? Vanderpump rules, right? You're still wearing your engagement ring, huh? Yeah. Yeah. I'm I'm going to give it back to him. Do you want to know? I mean. Don't give it back. No, I'm not going to keep it right here. Thank you. That's a Bitcoin. I love that so much. It's like every Bitcoiner thinks that you start like pricing in everything in Bitcoin. It really does become your unit of count in your head. Once you give the girl the ring, don't take it back. Yeah, you're going to want to make sure you're. You're positive on that one. Another reason not to put data on the base layer, right, like marriage certificates. I kind of think the days of expensive engagement rings and expensive weddings are going to end fairly soon with housing affordability at all time lows and so forth or in all time lows for at least for decades. You mean because diamonds are a shit coin and they dump them in the in the ocean off of the coast of South Africa? Yeah, basically, I think it's already the demand is already down, but it needs to kind of die a permanent death. I think the greatest marketing campaign ever. Yeah, diamonds are a rabbit hole. Like I'm going down that rabbit hole, the De Beers company and how they control a monopoly on the entire supply. And it was a huge marketing campaign. And there's no scarcity there. Girls aren't going to want to hear that, but only it's only for certain only for certain sizing and color. But yeah, then there's like these lab diamonds, right, that you can't even tell the difference now that are better. Yeah, I'm not going to get one of those, but they're shit coins. There's no scarcity to them. And they're wow. Really, Sam? It's progressed that far. You're already thinking about a ring. Congratulations. You heard it here first on Cafe People. I wouldn't go that far, Peter, right? But if I was, there's no way I'm going to get her a lab diamond. I saw this video of somebody like in the front row of an NBA game. And I guess there's like a gun that you could check rings to see if they're lab grown or they're regular. And they were going down looking at the big rocks of these celebrities. And this guy, his wife's ring, and then it shines red that it's a lab diamond. And she just gets so pissed off and throws it at him and runs out of the game. Whoops. Rug pull. Rug pull. Or that gun was inaccurate. Because again, you're like trusting the third party source. That's the whole point of bringing it back to Bitcoin. But that's the whole point of Bitcoin is you can self verify that you got real Bitcoin from whoever sent you Bitcoin because you're running your own node. Whereas with whether it's gold or diamond, like the Chinese got swindled for billions of dollars. I think of fake gold bars that were actually tung sun and just gold plated. I like how quickly you think on your feet, Terence, but I don't think she's going to buy it. Yeah. Terence is like, oh, did you think about the gun? It was the gun, bitch. It was the gun. Oh, my God. Hey, guys. So a friend of mine, actually, this is timely. A friend of mine just bought a lab grown diamond and he paid 1500 euros for it. It was 3 .07 carats. And a traditional diamond would have cost about 50 grand. So it's completely destroyed the price of diamonds, man. That's insane. Yeah. Over three carats. And it's chemically, he showed me the certificate is chemically identical. It's still got slight flaws in it, but they literally just they're basically just printing diamonds now. Right. So they've become dollars. I thought it was funny. That's hilarious. The stock to flow is going down for diamonds. Anyway, his wife, she's delighted. She's got a $50 ,000 diamond around her neck. Does she? Got to get one of those guns around here. So check out, check them all. Yeah, I'm intrigued about that gun because what he was saying to me was that he said chemically, they're identical. So I'm not sure what the gun's doing to identify it being a... They find the flaw, right? Because natural diamonds have flaws. So if it's natural, there's going to be a flaw. It's inevitable. You can't see it, but you can see it under like a magnifying glass or whatever. Well, I saw the certificate of this lab grown diamond and it had flaws in it as well. Oh, wow. Yeah, they artificially create the... Yeah, Chris, did you verify that there was a flaw? That's a valid point. I mean, I did trust. I didn't verify. So I stand called out. Yeah, a lot of Bitcoiners are pretty hesitant to separate with their sats. But I think a white is a good investment. That's when you know you got a keeper. Like I was going to buy you a diamond ring, babe, but instead I stacked into cold storage for us. For us. Sam, you might have something there. A ring that's a self -custody hard wallet. You might be something there, dude. I'm actually seeing... I remember in 2017, I saw rings and watches with like little tiny QR codes in them. I don't know if it's a good idea to have a lot of your Bitcoin on a ring or I saw another person with one in a necklace. So there are like things like that. It's not great security. It reminds me of how like in India and stuff, they wear their gold. You know, they keep it around their neck and wrists just because it's the safest place to be. I mean, I guess if it's just a receiving address, you know, I mean, somebody could hold me down and track it down and figure out and whatever. But I mean, you know, that could be your diamond ring. You know, instead of the diamond up there at the crown, throw a QR code up there. Just be like, babe, you're going to be stacking. We're going to stack for the rest of our lives together now. We're going on a stacking journey together. How do you carry across the border more than $10 ,000 in value without having to report it? You wear it. Or Bitcoin. I have friends who move tens of millions of dollars or millions of dollars of their net worth, like 90, I don't know, 98 % plus of their total net worth to leave China, leave South Africa, come to the U .S. and never go back. And at the time, at least, they were too dumb to stop them or even question them. We just left, one -way ticket. Yeah, the fact that Bitcoin is digital and that anybody can escape like an authoritarian regime or war with some of their wealth, you know, that's when you think about like the ESG narrative and even like KPMG report talked about the S and how that characteristic of Bitcoin really helped people in really tough situations and think about how else they would do that and kind of realize that like Bitcoin is a solution there to a problem. And BlackRock and State Street are closing up ESG funds as we speak, which is, I think, a positive development. Yeah, I kind of reject that entire framing. I think it's led to a lot of misallocation of capital and kind of influencing boardrooms about how they invest their capital kind of impeding free markets. Yeah, ESG is a control scheme. I mean, we've seen that, but what are you talking about about BlackRock shutting down ESG funds? I don't know about that. Yeah, BlackRock and State Street have just been closing ESG funds in 2023, kind of shutting them up. And that's a reversal of the trend over the last couple of years. And BlackRock, Larry Fink, I mean, in the early 2010s kind of spearheaded a lot of these efforts, really gung ho about ESG. The last couple of years, they've seen a ton of pushback. And now we're kind of seeing them close up ESG funds. And I feel like we're seeing a shift in sentiment around the entire movement because I think people are realizing that like, A, some of these goals are completely untenable. And then secondly, you're hurting the poorest countries amongst us, like the developing nations, by preventing them from accessing cheap energy sources. And you're really making us weaker and less resilient by shutting down oil, gas, and fossil fuels. And so you're seeing a ton of pushback on it. And so BlackRock and State Street are starting to shut down ESG funds. It's just kind of like a flag post in my mind of this ESG narrative that was so, so strong the last decade. I don't know if anyone else has opinions there, but... Yeah, the only thing I have to say is I feel like Larry Fink kind of jumped on the bandwagon somewhat later after the ESG narrative got a lot of traction. Then he kind of added fuel to the fire, which is a huge name and was very outspoken. My point is he's added fuel to the fire. He didn't start the fire, but he kind of... So he's a politician ultimately, right? Like he's very political, even though he knows finance. To a manage massive fund that manages, I don't know, $9 .6 trillion or whatever, you have to be political and you have to read the tea leaf, so to speak. And yeah, react to the times. I think the exception would be somebody like Vanguard that might do a lot less in terms of ESG or jumping on the latest trendy whatever, because they're so focused on index funds and they're member -owned. This was not an ad for Vanguard, but... I just remember Larry Fink writing... And I just remember it made a lot of waves and kind of definitely added fuel to the fire, like I said, Terrence. So they shut down two dozen ESG funds this year, just to give some stats there. Yeah, I wish I could say like, you know, oh, maybe they really are being orange -filled and whatever, whatever. But it's probably like you said before, I mean, like ESG stuff, it's untenable over time and you get to a point, it probably just isn't profitable. I don't know than any of this, any of what I'm talking about, but just I'm just going off a gut, like the ESG stuff is unprofitable because the economics don't work. We've talked about that. You can look at the windmills and the solar panels as perfect examples of that. But I mean, just the overall thing, there's a good book, I've talked about it before, called The Prize. And it talks about the control of energy on the planet and how there are groups that seek to control other groups through the narrative of controlling what type of energy you're using, what is acceptable energy use, all of this stuff. But in the end, if you're going to try to make like, you know, bets and gambles off of this stuff, like you're going to have to pull your rug early because it's not, at some point, the economics don't work. Well, not to mention too, you know, it's the trend of like having an ESG report for a company. I want to see some of these companies that are like, you know, Nike's ESG report, which I don't know the details, you know, but you know, there's some low wage labor being done. And then, you know, you got this shiny ESG report that's like, you know, sustainability, we've done this and ethically, we've done this. And also, you know, behind the curtain, we've got this going on too. Yeah, I mean, it trickles all the way down, even now, like in web design, web development, like if you want your website to rank well on Google and whatever, then, you know, you have to build your site, you have to have that in your mind while you're building your site. You have to make sure that it's going to be well received by Googlebot and, you know, all these other stuff. And one of the things that they've been pushing is how ESG friendly is your website? Like your, the processes that it runs and, you know, are you doing it correctly and coding it correct? There's more than one way to code. And, you know, it's like, man, okay, I understand the idea, like, make your website work more efficiently. Like, of course, duh, like, that's what we're doing. But Google of all people to tell me about energy use of a web platform? Come on. Yeah, Chrome is pretty bad. Yeah, go ahead. I was orange peeling and no, I was I was just like at insurance, kind of talking to them about Bitcoin. And it was a bunch of claims professionals and lawyers. They were very like, you know, obviously, these are like super risk adverse cohort of investors. And so we were there just like talking Bitcoin as like the weird Bitcoiners at this conference. But I found out that 90 % of them take into account ESG when they're thinking about investments today. And that's in the most recent Goldman survey. So 90 % of insurers consider ESG when making capital allocations today. And at the same time, their number one worry in that survey was inflation. And so it's one of those things where I don't want to give credence to the framework. But it's so ingrained in some of these like traditional capital allocators minds that maybe just by playing into it and saying like, well, here's how Bitcoin is actually, you know, quote unquote, ESG and just kind of like Trojan horse in it through their their silly framework is the strategy that I took. And it kind of kind of went well. I kind of like said, like, although I reject this entire framing, here's why Bitcoin actually kind of achieves your goals. That's kind of the tactic that I took.
What a Weird Week
A highlight from What a Weird Week: The One with Big Onions! Fri Sept 22, 2023
"This is what a weird week the one with big onions Hi friends, I'm Scott and this is the what a weird week show about weird stuff from this week's news If you want the photos or podcast stuff or video stuff, just click show notes dot page show notes dot page Okay, here comes the top 10 for season 4 episode 52 first published on Friday September 22nd 2023 10 getting things started this week is large onion makes news everyone cries Gareth Griffin in the UK has grown an almost 20 pound onion That's unofficially the biggest onion ever recorded It is larger than Gareth's head the old record for a big onion was 19 pounds ish The onion still needs to be given the official all -clear from the Guinness folks and then who knows what are you making? French onion soup onion rings. Are you just maybe having it bronzed? Not as delicious but an option nine number nine flaming hooper breaks world record The new record is eight on fire spinning hula hoops Congratulations to grace good who is a professional hoop performer and gives audiences a thrill with hooping feats like spinning eight flaming hoops at the same time Grace also set another hooping record for most hula hoops spun simultaneously while balancing on a giant rolling globe That record 28 hula hoops. She had 28 hula hoops going at once while standing on a ball you guys That's what I wouldn't try. I mean you got to train a bit for that one. You first you got to get the 28 hula hoops going you got to get the dexterity for that That's not something you can just get off the couch and start doing you got to work your way up to it I would imagine and then the whole balancing on a rolling giant rolling globe as the guinness book of world records puts it I mean, first of all, where are you going to purchase that giant? Rolling globe you probably want to get a quality one pay a little extra I don't anyway, these are all questions for later on first Let's work on one hula hoop that is not on fire and then we'll get up to fire and globes and the rest of it Hey you guys, let's do this one. No, wait, don't sorry. I started saying don't try this at home danger So You're listening to what a weird week a show inspired by weirdness in the news eight number eight this week Mistake by ticket seller results in big lotto win. A fellow in maryland was given the wrong ticket and won 580 ,000 I don't know if you believe in fate and all that stuff, but listen to this So he goes to the gas station to buy five Cash for life tickets the store employee rang in one Multimatch instead and then there was all this trouble voiding the mistake. So the ticket buyer said it's all good That's me paraphrasing The wrong ticket turned out to be the big winner 580 ,000 and the store gets a cool thousand bucks for selling that ticket, too That story messed me up the most of all the stories we had this week because it makes you wonder about all of the choices You have every day things Happy accidents when they Mess up your order and you get sausage instead of bacon in your breakfast sandwich. Was it meant to be now? I question everything so my advice don't think about it too hard Oh, I could really go for a breakfast sandwich right now though seven number seven artists art wasn't really art Question mark they have to give the money back We talked about this story when it happened and now the courts have ruled on it an artist in denmark has to pay back Around seventy two thousand dollars to the museum that hired him to do some kind of artwork The artwork was supposed to incorporate a bunch of bank notes But the artist kept those bank notes and instead gave the museum a couple blank canvases artist is quoted in the story as saying The work is that I have taken their money That's an actual quote from the artist by the way. The artwork was called take the money and run You want to see the artwork? I mean just imagine a you know, white canvas and you've seen it You've seen one of the most famous artworks of the modern era. It's certainly got a lot of publicity. I don't know Art that much but it seems quite famous to me. Anyway blank canvas take the money and run So 10 weird stories from this week's news What a weird week six number six this week is surfing snake incident results in big fine A fellow in australia took his snake out on the surfboard the video went viral video got a lot of attention Also the attention of wildlife authorities and now the snake owner has been fined over two thousand dollars He says the snake didn't even hiss So, you know the snake the snake was having fun the snake only hisses when it's not having fun You guys authorities say surfing puts the snake under unnecessary stress That's me sort of paraphrasing but if you want to see a photo of the snake I mean imagine a snake on a surfboard There you go, but we do have a photo if you want to click the show notes or go to show notes page five Number five these train wrestlers you guys pro wrestlers recently in the news for fighting on a japanese bullet train Imagine you're seated on the train It's doing maybe 180 miles an hour and these wrestlers come down the aisle bringing the hurt And It happened the train was packed but the people on the train were there to see the wrestling It was a wrestling event you guys a weird venue though DDT pro wrestling put the event on pro wrestling in the aisle of a train They've had a few weird events like this.
Simply Bitcoin
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.
Science Friday
"friday" Discussed on Science Friday
"She's once again. Left off the list for the cdc recommended booster vaccine for at risk people. And that feels like deja vu but despite the new fears she's been improving both physically and mentally. She and ken went out for the first time in july. They got burgers and sat outside. And she's back to working remotely at the disability rights organization once again fighting for equity for the right of disabled folks to be seen acknowledged and valued for science friday. I'm christi usa. Thank you chris. His story originally aired on klw in san francisco and was produced as a project for the usc annenberg center for health journalism hs twenty twenty one california fellowship. Abukar done provided editorial assistance. The engineer was james. Rowland a one last thing. If you've been waiting with baited breath for our fall book club. Pick the wait is over. Will be reading rising dispatches from the new american shore by elizabeth rush. It's a collection of essays about sea level rise and the people who live in the hardest hit coastal communities in the us from new orleans to pensacola to staten island. We want to explore the factors that worsened flooding and how people are working to reduce the impact plus rising explores the fingerprints of climate change on people who live on the front lines and the ever present questions of mitigation adaptation and justice in the story of global warming. We kick off october first. Now's your chance to grab your copy of rising by elizabeth rush. You can also join our giveaway for a free.
Science Friday
"friday" Discussed on Science Friday
"Correspondent sci-fi producer. Kathleen davis. hi kathleen. Hey ira i'm very excited to be here me too. So we're kicking off the carnival today. Tell us a bit about What we've got in store so over the next three weeks we are shining a spotlight on. Six audience suggested charismatic creatures and by charismatic. We mean a creature. That's overlooked or unfairly maligned by the general public. That wants you look a little bit. Closer has an undeniable charm to it. That sounds like a talking about me there. I i'm not kidding somebody actually did suggest you as asthmatic creature but we had to take you out of the running. Unfortunately also means that undeniably cute creatures like koalas or pandas or capybaras. They don't belong here. We're highlighting animals that you might write off at first but they deserve a closer you could say and we're going to do these head to head. Friendly battles between two creatures. Each creature has an expert representative. Who's going to try to convince you. And our audience that their creature is the most charismatic of each round. We're going to have a few weeks of voting. And then at the end of the carnival we will have our very first true inductee into the charismatic creatures corner hall of fame. Okay enough talking. Tell us about how these creatures got chosen. Yeah so we got dozens of really great suggestions from our audience members and then we had the sifi staff vote on their favorites and we were able to narrow them down to six. So ira are you ready to learn what creatures are part of this falls charismatic creatures carnival more than ready. Hit me okay. So you're six possible. Champions are the i the hell bender the mantis. Shrimp the possum. The pigeon and the shoe. Bill stork okay. Okay at those are some great great candidates. Let's kick off our first matchup. We're gonna have one per week for three weeks so which creatures earlier we're going to hear about today. Okay so for our first matchup. Today we are heading into the water. So i would like drummer please. In one corner we've got the mantis shrimp. This creature was suggested by garrison from charlotte north carolina. He left us. This message on our sifi. Vox pop up. I'd like to nominate the mantis. Shrimp for the charismatic creatures carnival panish shrimp has a few features that make it worthy For what it's got an incredibly powerful punch capable of producing heat and light. It's got the some of the most complex is in the animal kingdom and the charismatic bow on top is that it is certainly colorful enough to attend a carnival in style as a pretty good argument pretty good and representing the mantis shrimp and are charismatic. Creature carnival is jason din candidate in biology at duke university in durham carolina. Welcome jason thanks for having me and in the other corner we've got the hell vendor salamander. This creature was suggested by listeners. Timothy from pittsburgh pennsylvania who wrote us on twitter. He said everyone now knows axles. But here in appalachia we think bigger offering are hell bender salamander and defending the hell bender in our carnival. Is lauren dyas. Phd student in fisheries science at oregon state university. In corvallis oregon. Welcome lauren. we're we're happy to have both of you. I can't wait. We're excited to have you all here. And just the note. This segment was recorded in front of a live zoom audience. And if you'd like to join us live on the next time we do this to find out how you can join a future. Live radio recording. Go to science. Friday dot com slash livestream. Okay let's go first with a basic description of these creatures. What did they look like. Where do they live jason europe. I start with the mantis. Shrimp so mantis. Shrimp are about four hundred fifty known species of crustaceans in this group. Called matt pods. They live in the tropics and subtropics in boroughs on the sea floor and these can be constructed boroughs. Out of sand or they could be from natural crevices and things like corals or rocks and so they're pretty small they could be anywhere from less than an inch to over a foot but generally they're around the size of a cigar or your finger and they could be anywhere from just playing as to just extremely gaudy and colorful. They kind of look like lobsters in the back but in the front. They're just totally unique so they have. These huge is that canada's are always moving independently from one another. They have these antennas scales that flare out from the sides of their heads. That are super colorful. And they have these really fast feeding appendages that they fold up underneath them like a praying mantis how they get the name mantis shrimp lauren. I think you've got to work. Cut out for you with your hell bender. Give us your best description of the hell bender. Yeah absolutely. I mean it sounds like a motorcycle group to me but tell us tell us go now. It'd be a really good name motorcycle. Groups so hellbent are salamanders. Really broadly are in the giant salamander family or debris today which are the largest amphibious on earth. And actually hope unders our north america's largest entity. So i like to describe them mostly as kind of like a big slimy rock. It's going to be they're really gonna camouflaged. They can reach up to about two long. Which is really really big. Have this really like flat. Wrigley roundish slot body. So when you see them water it's it's hard to see that message from above the surface they've just like another rock these beatty tiny little is A big tattletale for swimming characterized toads. Which truly the only salamander. I know that has much fingernails and they use that to kind of crawl along the rocks in really hold their grip. They are leak water and don't have external gills. So that's actually where the name debrincat comes from heating bills and as far as their habitats. They live under boulders and rocky clear mountain streams of water of throughout eastward america. The best populations are around. The southern appalachians like north carolina tennessee. There's other populations up north around pennsylvania. Ohio that are still existent. And then there's also a distinct population in missouri which is considered a critically endangered substitutes. And so their need for clean. Fast-flowing water is spoiler alert. A bit of problem these days. So yeah i think that's that's description now. Casteran one of our listeners. From the hudson river valley has a question about How the hell bender got its name. Yeah that's i got so often because it is such a weird name took given animal but it comes from probably the fact that they are considered traditionally ugly to a lot of people. I don't think so but a lot of people do think that and so back in the day the percent people ever saw them it was like oh man this preacher from hell bent on returning. That's like the thing that everybody says. No one other thing that i wanted to ask about hell benders so one of my favorite things about them is that they have a lot of nicknames. So i've heard snot otter a devil. Dogs lasagna lizards lasagna lizards. I know i know wow. Do you have a favorite nickname lauren. Yeah actually lasagna lizards despite my favorite under called that because they are so wrinkly so the sides of their body look like the sides of zarya Which is so creative. But yet us not others. By the most i have also heard allegheny alligator sincere up in pennsylvania ohio region.
Science Friday
"friday" Discussed on Science Friday
"Bias they found infused throughout the states pandemic response. Here's chris yes tv set up over here. Ingrid tissue has lived in this berkeley apartment with her husband. Can for the past ten years when i arrive. She's already sitting outside at the top of gently sloping ramp. That leads up to the door with it. I think maybe up there would be good for the audio Yeah we're both vaccinated. But we're still taking precautions. Masks outdoors social distancing. That's because ingrid has a severe disability muscular dystrophy which is in durham muscular disorder. That i've had plenty of tire life because it's genetic it's a progressive muscle wasting disease which impacts from ability including her ability to walk unassisted her respiratory system is weak so she uses an oxygen device called a bypass to help breathe earlier in the pandemic. Her doctor told her that if she got cova it would likely be a death sentence. I never heard situation. Quick is in such stark certain. Children's ingrid is in her mid fifties with graying brown hair and bright blue eyes. She leads fundraising for a disability rights organization. And she's a writer when covert hit in the spring of twenty twenty ingrid was terrified because of the risk of infection and smoke from the wildfires that summer she stopped leaving her house entirely. She developed anxiety and depression and a host of new health issues. Her feet and legs began. Swelling breathing became more difficult. Her doctor was worried she might be developing congestive heart failure but because of the risk told her to stay home rather than come in for tests. And that's not uncommon a recent survey by a local advocacy group found. That many disabled people have delayed medical care for over a year. It all came to a head one morning in january of this year when ingrid had a fall trying to get to the bathroom. She wasn't hurt physically but it left her shaken. She and ken decided she had to go to the emergency room. The last place she wanted to be within note. If what we're doing is going into a situation where we never see each other again. When ingrid entered kaiser's emergency room in oakland it was like being wheeled into the lions down. The line stand for disabled person. Going into a medical setting can feel like going into battle. A recent study from the journal health affairs found that over eighty percent of physicians believed that people with disabilities have a lower quality of life like nobody is about to blame doctors and nurses after what they've been doing what they've been through. Over the last year just kgalema is the executive director of the advocacy group senior disability action by the nuance of thinking that this person's life is not going to howard much quality that this person isn't going to have as much joy inexperience an adventure in success. In whatever way all of that is defined as somebody without a disability right and so when you're thinking that way that's subconsciously going to come into those split-second decisions decisions about medical care now. Ingrid says she's been with kaiser since the mid nineties and has found that the providers the doctors the nurses everybody else for the most part is quite good and pretty in the at least the recently pretty enlightened around disability and for the first part of her six day hospital stay. That was also true. The staff quickly diagnosed with pneumonia and began treating her physical needs but her emotional state was still crumbling then. She had an experience that completely threw for loop as her discharge date. Got closer injured worried about her life at home after having lost so much function she'd heard about a special inpatient rehab program that sounded perfect. There's just one problem. They don't usually take patients with progressive conditions like ingrid's so she asked to talk about it with the neurologist who'd been assigned to her and then it's really sounds exclusionary say discriminatory exclusionary. She and her husband can say that. The neurologist demeanor suddenly changed and his tone got sharper. Keep in mind at this point. She's as vulnerable as it gets lying in bed. Oxygen mask pneumonia and still in acute emotional. Distress all been documented and he said to me. We'll look and gestured to my body and he said you've always known this coming. This has been coming for a long time. And you know there's nothing we can really do about it. That was in quotes ingrid. Says she felt like she's been punched in the gut and she interpreted what he said even more darkly he i thought was saying look. You're like your past the point of no return. Why do you expect us to do anything. You're not worth the resource. It's basically there's no point the exchange center spiraling the next night. She had a panic attack which she'd never experienced before can says when he visited her shoe was shaking when i went in there This is hard to talk about. She was shaking and quivering. She was sitting up in bed and she said. Can i want you to promise me. One thing. And i said what and she said That i can come home to die. You'll have me at home to die. She believed she was at the end of the road. So this if you'll excuse the expression disguise my head at a moment. When i was extremely vulnerable even though probably didn't mean to believe that he's a neurologist. He's got it. She was successfully discharged and with the proper supports an exercise regimen. Ten says her condition has completely turned around a hundred eighty degrees. He didn't know what he was talking about. He didn't know what he was talking about. Many studies have shown that doctors tend to be overconfident in their own diagnostic abilities. And here's thing ingrid says that this experience it's like you're not even close to the only time i had an encounter whiteness with medical doctor. It's just that this time. She was in the midst of a psychiatric emergency. Nearly every disabled person i've talked with has their own stories of pain and discrimination the dismissal the invisibility. It's common advocate jessica. Lehman explains that this same bias was playing out across a series of battlegrounds throughout the pandemic. We saw the most horrible manifestation of abela zone and ages that i've ever seen the first of these battlegrounds was the state's crisis standards of care a document directing hospitals and doctors on how to ration scarce medical care who gets treatment. And who doesn't you may have heard about. Medical care rationing early in the pandemic from countries like italy. Medical supplies and resources are stretched thin. So doctors in italy are facing unthinkable choices about who gets access to things like beds and respirators and who does not.
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"Creature carnival getting wet and wild with the mantis. Shrimp and hell benders salamander. And it's up to you to pick your favorites. Stay with us. Science friday is supported by alumina a global leader in dna sequencing with covert nineteen variants. On the rise. Genomic sequencing is one of the most effective ways to track slow and prevent the spread of the virus illuminates advanced sequencing technology for corona virus. Expand surveillance options helping scientists and researchers quickly identify mutations and prevent the spread of new variants by decoding the virus. We can learn more about managing pandemics and avoiding them in the future to learn more visit. Alumina dot com slash science. friday science. Friday is sponsored by better help online therapy because life can be hard better. Help wants to make access to therapy easier. Whether you're feeling anxious or depressed need help. Managing stress or struggling with relationships online. Therapy might be for you. Better help offers customized online there be via secure video phone and even live chat sessions with your own licensed therapist. It's convenient and more affordable than in person there be and our listeners. Get ten percent off the first month of online therapy at better help dot com slash friday. Give it a try. That's better h. E. l. p. dot com slash friday. This is science friday my replay toe. And it's the moment you've all been waiting for. It's time for our charismatic creature carnival. Join me today as always is are charismatic creatures correspondent sci-fi producer. Kathleen.
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"Have been very difficult for you to find the the right patients and for the patients participate in such a complicated study. Yes and this is what we are very grateful and that we are sure that a who made the biggest defer this did happen was not the researchers were not the staff but were. The patients is imposed three different pet. Scans take hours Alive down bad more mariah or three hours of cognitive tasks. We know how this is incredible burden for the patients and allegations. Were always happy in always able to provide more and more information to us and we are in grantable grateful of their collaboration and uh is is is unbelievable how this can be beneficial to the field and we are very happy to to give some something back some results back to them. They think that the the biggest pays off fascinating work. Dr pass crawl. I wanna thank you for taking time to explain it to us. I really does look like you've made a little bit of an inroad here. Thank you very much. Thanks very much and thank you very much for bringing this to the public that i think is very important to increase their awareness and about the disease and about the different upper ocean. The defensive farts that there'd be made to tweet this devastating disease because the public is our our fino in may end in the end of the day. We get it. And i'm sure they're very interested. Dr tarik pascoal assistant professor of psychiatry and neurology at the university of pittsburgh. And if you want to read a transcript of this conversation we've got you covered goto science friday dot com slash brains before we head to our break. Here's a treat for your ears. A sifi soundscape from chris. Hoff and sam harnett of the world according to sound podcast. This is a forest in. Panama was recorded by laurel. Signs sound engineer. Bill mclay slowed her recording down. So we can hear all the ultrasonic frequencies Pitched zones are bats using echo location. Different insects to eat the little lint. Rtd david's sending out meeting Aw Who do These sounds part of a communal listening series. The world according to sound is hosting this winter for more about their eighty minute by neural events visit the world according to sound dot. Org after the break we'll hear from disability advocates who say the covert nineteen pandemic has revealed many biases that have existed in health. Care for years. He i thought we saying you're not worth the resources space klay. There's no point support for science. Friday comes from the catholic foundation advancing science for the benefit of humanity at catholic foundation dot. Org this is science. Friday my reflejo and now it's time to check in on the state of science. This is kim. Wwf lewis public radio news vocal science stories of national significance. We've been following the stories of how the cova nineteen pandemic has overburdened hospitals and impacted care for those suffering from nine covert related illnesses. We've also seen how these last few years have shown many of the cracks in our healthcare system and revealed long-standing disparities reporter. Chris agouza has been examining the impact on the disabled community in california for station. Klw in san francisco. He introduces us to a woman who recounts her harrowing experience in the hospital as a disabled person and will meet the disability advocates fighting the bias they found infused throughout the states pandemic response. Here's chris.
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"Failed to communicate to them about what they can do about climate. Change so much of the us as you pointed out. Ix has experienced extreme weather this summer. And of course just last week we in the east dealt with hurricane ida. And i heard from some people and and i know in new york city. You've seen the pictures of those flash floods the flooding of the subways. They said you know we got warnings. But we don't know what that means because we never get flood warnings in the middle of manhattan. Do you think the language around severe weather. There needs to be more clear to wendy. I think that Wherever we can we should use clear language Whenever you revert to jargon it may be difficult for people to understand what you're trying to say and tony you agree. Yeah i mean we've actually done studies in the past finding that for instance one of the primary communication devices that noah and the hurricane center's used to communicate the risk of hurricane his this so-called cone uncertainty. I'm sure you've seen it on television or newspapers and what we found is that people really don't understand what that is. I mean people confuse that cone like this is the swath of destruction. Not just the projected path of the eye of the storm. And that's actually lead to real world decision-making where people thought. Oh i'm outside of that cone. Therefore i don't need to evacuate and there have been examples in the past. Where in fact they actually did get hit by the hurricane and thus suffered damage or even death so it's just to say that yes. Of course this is a general principle. Is that when you're speaking to a diverse public that of course includes not just diversity of people.
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"Of extraordinary Fossils not only marine fossils but also dinosaurs and she actually did some work for charles. Lyell the famous geologists in in wasn't credited for that work and that's another theme and another fascinating part for me just all the many different people who contribute to science and who are sometimes not recognized for centuries another interesting woman in the book is charles. Lyles wife mary elizabeth wile who was a shell collector who had studied with her geologist. Father and also became an expert in the taxonomy of fossil. Shell so i. I try to give voice and Credit to a lot of people who haven't been credited in the past very interesting. This is science friday from wnyc studios in case. You're just joining us. I'm talking with environmental journalists. Cynthia barnett her. Most recent book is the sound of the sea seashells and the fate of the ocean. You're right about another long ago seller of c. short trinkets and how that became the foundation of shell oil. Tell me about that. Now that's another fascinating and surprisingly little known story shell oil history actually dates to the early nineteenth century and a jewish curio shop owner in the east end of london. Named marcus samuel. He imported tropical seashells from japan. There was a there was a shell craze. There had been an earlier kind of shell. Madness in the in the seventeenth centuries in in europe but it was mostly among really wealthy people and kings and royalty by victorian age. This shell craze had spread to the middle class so marcus samuel and his family sold seashells of this little tiny curio shop and he actually conceived the little. Seashell bejeweled boxes. You know when you are at a little gift shop near the beach even to this day you can find these little gift boxes that are covered with you. Know glued seashells all over them. He conceived those to sell in beach resort towns around brighton. And all all around england and those little seashell boxes were so popular in victorian times along with other. Seashell curios. that it really made the families first. Fortune and marcus samuel grew and grew to be more of a traitor with japan was very successful importer in his time and then in the next generation he had three sons and they were still working out of their father's seashells shop in the east end when they. It's a long story. I devote a chapter to it but they essentially be john d. rockefeller in standard oil's earliest bid for global oil domination by they built the first tanker that could travel through the suez canal with oil. So they brought they brought kerosene to asia through the suez canal and they named the tanker. The muir ix for the tropical seashells that their father had loved they named it after this one seashell and the middle son ended up founding the company shell oil the same company. We know today as royal dutch. Shell very interesting. And of course the connection between that you made before about global warming and climate change and fossil fuels and comes full circle back to the beginning with shell a shell being the symbol. Yeah this the symbol in it in it comes full circle and some incredibly specific in poignant ways since i finished the book actually. Some new research has come out about the mediterranean. Just a few weeks ago. I interviewed a scientist named paolo albano at the university of vienna who is working on warming in the mediterranean and they found the single most devastating day. Off of molluscs along the mediterranean coast. Right around where the first muir x. Tanker entered the suez canal. It was one of the warmest fastest worming places on earth and the great irony. Is that the one very common animal that they could find absolutely nowhere where they did. The study was the mirror ex that shares the name of the first shell oil tanker. Wow two degrees of separation. Yeah degrees is right. Yeah i guess. That's the unintended pun right. Well it's. it's a great book. cynthia. I want to thank you for taking time to be with us today. Thanks so much for having me on. Cynthia barnett is an environmental journalist. She teaches environmental journalism at the university of florida. In gainesville most recent book is the sound of the sea seashells and the fate of the ocean. Just out from norton and you can read it excerpt from the book on our website at science friday dot com slash shells. Charles burke was his. Our director producers are christie taylor katie feather and.
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"Talking about the nova vacs. It's it's a much more traditional vaccine. Than the m are rene ones right. I mean it's akin the whooping cough vaccine. Could that make more people feel safe. Taking it knowing that i think it really could and The the novak's clinical trial results were incredibly encouraging It does seem to be a very effective vaccine as well. It's what's called a protein sub unit vaccine so it is actually making the spike protein. Before it goes into your arm was knew about this. Is it actually uses a different protein expression system. that's derived from moth cells. They can make quite a bit of protein. They've coupled with a compound that stimulates your immune system it makes vaccine response is more effective. It really does appear that it works very very well. I think for a lot of people who are unsure about the a or the adenovirus vector technology might feel more comfortable. Getting a protein sub unit vaccine. Because as you pointed out these have been used for the cellular protests vaccine. They've been used for the hepatitis b. Vaccine most people are familiar enough with those vaccine technologies that they might feel comfortable taking that protein sub unit vaccines are very temperature stable And they're easy to transport. So i think the novak's vaccine is also going to be really huge For vaccinating other parts of the world where it may be more difficult to bring the marnie vaccines in particular and novak has pledged more than a billion doses to the global kovacs program. Yes and that's going to be absolutely crucial because With the clotting issues that have come up. These are still very rare. Side effects with johnson and johnson and with astrazeneca A lot of people in other countries have rightly wondered. If they're getting the short end of the stick. Why are we getting these great marnie. Vaccines that wealthier. Countries are getting and I think that having a very effective vaccine that is not on an adenovirus vector platform will do a lot for global vaccine confidence as well as just for getting the vaccine out to the rest of the globe and it's hard to see this from the. Us where now we have so many vaccines vaccines are expiring on. Freezer shells that you. There are parts of the world where people have not been vaccinated against kovin. They have not gotten access to those vaccines including healthcare workers including high risk people. So i think that it's absolutely crucial to get this vaccine out as soon as possible because a pandemic is by definition a global public health crisis. We need to make sure that we're vaccinating the world. This is science friday from wnyc studios at one weight into a discussion. That's been happening about where the virus came from. We mentioned a few weeks ago. That president biden had ordered an investigation into the origins of cova nineteen. And now we're getting some pushback against the idea that this was created intentionally in the laboratory someplace in china pushback coming from some very well known scientists. Yeah so this has been A really contentious topic and it's really unfortunate a lot of times. What people do need to understand is that most of the time it takes a long time to figure out where a virus came from in many cases even though we know where from viruses come from. We still haven't actually proved it. Any bowl is a great example of that. We know that it's it's transmitted by bats We know that it's carried by bats. There it's national reservoir but don't even really know what species. We've never isolated lives bulla virus from bat. We've only just started basically isolating sequences of ebola viruses from bats. He bala came onto our radar. Nineteen seventy six. So it's been around for almost fifty years and we still don't. We still don't have a solid answer definitive answer on that on that viruses origin But nobody thinks it came from a lab obviously So the the situation with covert or with stars corona virus to is that the first outbreak that was observed was in wuhan china Where there is a major virology institute where they were working on back corona viruses. Then we know that these are beco- viruses that's sub genus. That stars current virus to is in the sars-like krona viruses Is is normally in the wild in bats We also know that it can infect a number of different intermediate species and sars coronavirus to is also quite promiscuous in terms of the number of other species that it can that can infect so. There's a lot of different possibilities including the possibility that it came out of a accident. I think everybody does agree. That that analyzing the genome of this virus suggests that it wasn't a biological weapon in my opinion. I think that a natural origin remains the most likely. But it's true that we have not ruled out the possibility that it could have come from a lab. But i think one point that i'd like to make your ira is that people have been talking about this lately. As though these are equivalent possibilities nature or the lab in my opinion as a virologist Looking at the genome looking at the number of other species that this virus can infect the the weight of the evidence points toward in animal natural origin. And one of the reasons for that that we can look at and see in real time. Is that this. Virus was not properly adopted to human hosts that suggests that it was a very very recent spillover events. That still doesn't exclude again. A lab exposure but that does suggest this virus was in no way pre adopted Or passage to make it more effective as a human pathogen And the the evidence for that is right in front of our eyes. it's the variance. The reason why variants are emerging is because this virus has spread through the human population to the point that now it is beginning to evolve. Adapt to us if this virus was pre adopted. Or if it was already being passage through human cells or being developed into a human pathogen for research purposes not not even necessarily for malicious purposes We would see those those variants in the first viruses that were circulating. but we have not So i think that it is important to investigate all potential origin hypotheses and as i said none of them have been ruled out But in my opinion again. I think that the the natural origin hypothesis is by far the most likely well. I think that's a good place to stop. You have certainly filled us in on a lot of questions. We've all been having in our own minds. Thank you angela. It's always a pleasure. Ira dr angela. Rasmussen a research scientist at veto into vac. That's the university of saskatchewan's vaccine research institute in saskatoon and we have to take a break. And when we come back exploring edgar. Allan poe's lifelong fascination with science and from the alfred p sloan foundation working to enhance public understanding of science technology and economics in the modern world. This is science. Friday my roof. Plato leave my loneliness unbroken. Quit the bust above my door. Take by.
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"The danger is that we are going to default to not holding the manufacturer accountable but holding the car accountable. Or even holding a driver accountable. Who was told that they need to be paying attention to the road. One hundred percent of the time even though the robot is doing ninety nine percent of the work. So you have these handoff problems so it is a very complex issue and i think the important takeaway that i really want people to be thinking about. Is that when you compare the car to a horse or an animal. You have a very different sense of who should be held accountable than when you view it as some science fictional robot that can make its own Decisions should be saying. It's not the robust fold but rather the manufacturer the trainer we need to be looking for the accountability in the people who build these systems because we default so easily to giving the robots themselves agency science friday from wnyc studios. Talking with kate. Darling research specialist for the mit media lab author of the new breed would our history with animals reveals about our future with robots. D think we should be making robots that look like humans. I'm thinking of data in star trek. Data and star trek had such a crush. Data was growing up. Really one of my favorite androids. But i think my answer to that would be generally no. I do think that we have this inherent fascination with recreating ourselves in that. We're always going to make humanoid robots for art entertainment purposes. And i think that's fine but for the most part. I don't think that the human form is particularly useful. People argue that we need humanoid robots in order to relate to them. We know from human robot interaction research. That's not true. At all you can create a robot in any shape that can be compelling and emotionally and socially compelling to people if you even think of pixar animators in the way that they can put emotion into a blob. You know that something doesn't have to have a human shape and then the other thing that people say is that we need humanoid robots because we have a world that's built for humans with stairs doorknobs and narrow passageways. But i think sometimes we forget that that's not a world built for humans but for able bodied humans of a certain height. And i think that if we thought a little bit more outside of the box about how we build our entire infrastructure and made it more inclusive to wheelchairs and strollers and children than we also wouldn't need to have these very expensive to build humanoid robots but could have robust on wheels and robots of all different sizes and shapes. Which would be more practical. What's your opinion abed. Who will decide a robotic future. Well that is the tricky part because despite all of the headlines saying new jobs blame the robots or you know this technology is coming and we just need to learn how to deal with it. I truly believe that this is all about our own choices as humans and unfortunately those choices are made against the backdrop of an economic and political system that we have in place. Currently that to me is the true danger that going to see uses of the technology that don't support human flourishing that aren't in the public good that harm certain groups of people because the choices are being made by the current politicians in the current corporations against the backdrop of corporate capitalism. That is not always in the public interest. And so i think it's so important for us to remember that the robots don't determine the future that we determine the future whether we're designing robots were voting for. Who's in office. I think that it's really important to remember that we determine what this robotic future means kate. Darling thank you so much taking time to be with us today. Thank you so much for having me. Kate darling author of the new breed. What our history with animals reveals about our future with robots..
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"I had made just a tiny little programming error but it was entirely responsible for the effect that we saw so that the nature of the error was that i had inadvertently set the timing clock to start measuring the participants response time before the words were presented in the condition. That didn't have the circle. it's basically lake. I started the stop watch before the runners even got to the starting line. So what that means is that it looks like the condition with the circle was super fast. But it's actually just. Because i was giving it a head start so when i when i realized what had happened i mean i i. I saw that little thing. And i thought oh wait what did it nuno. Don't panic yet. Juliette that might not be it. And i tested a couple of other things and and then it was time to panic. Yeah i had I had i had made this mistake. So the bottom drops out of my stomach. I started crying. And i just started realizing all of the consequences that this was going to have so i. Would you know if if bring this to light would mean telling my research students Telling my co-authors telling the chair of my tenure committee and the dean of the college because i was currently under review for tenure like. Mike committee was meeting that month to decide whether i should have a job.
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"This is friday. i'm jan kaczynski in for is as you may have heard the robots are coming but what could coexisting with them truly look like in this conversation. Ira in robot assist kate darling for vision inspired by our age old relationship with dogs oxen and other animal partners there are stories you see a lot about robots the first is the robot uprising right. You're probably thinking about arnold schwarzenegger in terminator or i robot. The second is robots will replace a story. You recall that movie he i. The story is much more present in the news. This fear that will soon have robots and is that can and will put people out of work. My next guest doesn't believe either of those stories is inevitable and she wants us to look at a different story. One that has already happened. And i'm talking about our history with animals as co workers as a guide to the future with robotics. Kate darling is a research specialist at mit media lab author of the new breed. What our history with animals reveals about our future with robots. Welcome to science friday. Thanks for having me well. What does our history with animals reveal about our future with robots. You know it's struck me in all of the conversations that we have about robots that we're subconsciously comparing them to humans. We compare artificial intelligence to human intelligence. We compare robots to people. And that's what leads to these science fictional notions of robot uprisings or robots replacing us. It just seems like that's the wrong analogy because artificial intelligence is not like human intelligence at all so if we look at our history of working with a very different type of intelligence animals and we look at how we've domesticated animals and partnered with them throughout history. That seems like a much better way to think about these technologies moving forward. I remember in college studying bef skinner using pigeons to guide missiles. You mentioned pigeons as the original drones. Here that's right. I mean we've used animals for so many different things. And i love that. You mentioned the ultimately cancelled project where of using pigeons to guide missiles. So you could say. It was the first autonomous missile system of before we had machines that can do this for us. And we've used the economy of animals in the intelligence in the sensing ability of animals for millennia to help us do these things and are so many fun parallels to howard using robots today and what is ultimately the best use case for robots which is supplementing human ability. Doing things that were not able to do on our own. Not that i'm particularly a fan of self guided missile systems and some of the ways that they're being used but it's just an interesting example of how these things aren't new. We have partnered with these humans that can sense and think and make autonomous decisions and learn for such a long time. Why aren't we thinking about that as the analogy when we talk about robots. Yeah because we all can recall and there is still some societies that use oxen for example to pull carts and do work. Is that where you're going to using animals as companions for helping us get worked up. That's one of the ways that we can use robots so like you said we've used oxygen and farming. We've used horses to let us travel the world in new ways. We've used pigeons to deliver mail. But the point isn't that animals and robots are exactly the same or that they have the same abilities there are a lot of differences between animals and robots. You can't dictate an email to animal and a lot of animals are better at staying on their feet. For example than most robots that tend to fall over the point of the book. Is that this analogy. Let's us open our minds to new ways of using these technologies that aren't replacement for human skill. Because this idea that we can will or should replace people is very limiting and. I don't think that we should be trying to recreate skills that we already have. When we have the opportunity to create something supplemental that can help us. Pull the plows. That is disruptive in the way the animals have been but not this one to one replacement that we're constantly hearing about in the news. Okay so open my mind up to some of those ways that we can work with robots traditionally in robotics the most compelling use case has been anything. That's dirty dolor. Dangerous the ds and we've already been pretty successful over the past five decades at using robots in factories or in settings where it's dangerous for people or not great for people to be doing repetitive or harmful work or going to space. These are really the really good use cases for robots that we've already seen but beyond that i mean robots have so many physical and sensing abilities that we don't have. I think that we should really really be thinking outside of the box on how we use these technologies. I mean we've used animals for so many different things. We've used them as tools. We've also used them as her companions. And i also believe that robots might be useful in a social sense and in fact robots might actually be able to offer something in health and education of when we used them in the social way as well. Let's continue talking about the history. We have with animals. Even pets are a relatively new innovation. aren't they. They are in western society. This idea of you know having a dog that's a member of the family and is only there as a member of the family not there to guard the house or perform. Some function is relatively new and in the beginning when we started having more of an emotional connection to animals there were even some people some psychologists who raised some concern about that and said well this could be too much may take away from people's ability to form human relationships and friendships if they get too emotionally involved with animals and of course that quickly turned out to not be true they have taken away nothing and provided much to us as we think about robots moving forward. I wonder whether we might be able to fold them into our diverse set of relationships rather than fearing that. They're going to take away you in your book to talk about animal. Robots in how people really get close to their robots even to the point of thinking about burying them like animals. That's right for example. Sony had this robot dog called..
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"This one known as a living fossil. But first this week. The fda gave the green light to a drug for the treatment of alzheimer's disease. It's a monoclonal antibody called. I do canham ab it targets. The beta amyloid that forms the amyloid plaques found in the brains of people with alzheimer's the drug will be sold by the company biogen under the trade name helm and the price. It's gonna list for about fifty six thousand dollars a year but the data is less clear on the efficacy of the drug wall. Researchers agree that it leads to less amyloid plaque. No one's quite sure what that means in terms of real benefits people with the disease and outside advisory panel had recommended a the treatments approval. Joining me now to help sort through the approval and what happens next is pam belic. She's a science and health writer for the new york times and you'll find some links to some of her recent articles on our website at signs. Friday dot com pam. Welcome to science friday. Thanks for joining us. Happy to join you so first of all. Walk us through this drug. What does it actually do. Yeah so educated or is it's going to be branded as you said it is an anti amyloid drug. What it does is targets a key protein. That is involved. In alzheimer's amyloid is the protein that clumps into flats in the brains of people with alzheimer's edgy canham. Oh does a pretty good job of clearing amyloid out of the brain and the question is does it actually produce any benefit and the evidence has really been pretty contradictory. There were two large phase three trials that were nearly identical that biogen conducted of this drug and they were both stopped early by a data safety monitoring committee because the committee said we looked at the data. This john doesn't look like it's working and so everybody thought that this was yet another failure and then a few months later by sifting through some data that had come in in the three months between when the data that the data monitoring committee was looking at and the time they sort of pull hog and they said you know in one of these trials we see a swipe benefit in people who are taking the high dose. They saw a slowing of cognitive decline of about twenty two percent over eighteen. That's about four months of slowing over eighteen months. Were a little over two and a half months of slowing a year. That was in one of the trials. The other nearly identical trial showed absolutely no benefit of the drug over placebo. And so this is why this struggle so soundly rejected by the fda's advisory committee and by a number of alzheimer's experts and they say it's look it's you've got one positive and one negative trial and and why should we prioritise the results of the positive trial. And then there's also a question that even if we do prioritize that was of that trial is the benefit so slide just a few months of slowing of decline that it outweighs the risk of the strength in there are some risks. What and before we talk about the risks. I mean maybe you can just talk through a little bit more. How unusual this is to have trials that are in some way so unsuccessful actually result in a drug being cleared for use it. I think it's very unusual. Certainly very unusual in the alzheimer's space this kind of pathway to approval has been used by the fda for a lot of cancer immunotherapy drugs. There is sort of a suggestion benefit. But they don't have the kind of slam dunk evidence that the fda likes to see. Typically they're supposed to look for to significant now convincing clinical trials to grant approval and this pathway that the fda us it's a program called accelerated approval this often used for cancer drugs where there's sort of this sign of benefit but it isn't a slam dunk and it's combined with some sort of additional action that we can see that the drug does usually sort of acting on a biomarker or some kind of physiological underpinning of the disease. And that's what the fda shows to do here. They said we get the. The clinical evidence here is not a slam dunk. We think there's a suggestion of benefit. But we get. This is really not as convincing as we would like. But we're going to take that and add in the fact that the one thing everybody does agree on is that the drug reduces amyloid. And we're going to take that and give it this approval and the approval is contingent on biogen. Jin doing another trial. Which kind of sounds like. Okay you know get it out there and then have them come back and doing other trial and see if it works but in reality there are some issues with that because the trial could take up to nine years and so while that is going on there are no restrictions on who can receive this drug that a significant number of people in the scientific community are not confident actually works so so what then happens as this very long trial goes on. Let's say they find out it doesn't work overtime. Can it be unapproved. Yes and and they. The fda has done that with some drugs in the past. If the what they call the confirmatory clinical trial does not confirm benefit then. The fda can revoke approval. But it doesn't have to revoke approval and in fact there have been Some pretty strong fights waged over cancer. Drugs that has not shown benefit in their follow up trials. And sometimes the fda has said just gonna let it stay on the market anyway And their stated reasoning for that is that these are very serious diseases with not a whole lot of other treatment options and so i think there's some element of we understand the desperation of patients with these diseases. And if there's any kind of suggestion that something might help. The fda seems to be leaning in that direction. You mentioned side effects. What are the possible side effects of this drug so the most serious ones are that the dragen clause rain swelling and brain bleeding and in the phase three clinical trials forty percent of participants experienced though side effects. Now that sounds really serious and in actuality it can be very mild and many of those cases. It was very mild. People had the brain swelling. But they didn't have any symptoms or they had relatively manageable. Symptoms like headaches and dizziness but in some cases it can be very serious and in those trials six percent of participants had to drop out because these effects were very serious. So anybody who gets. This drought will need and balance given as a as an intravenous infusion. It's not a pill. It's a monthly intravenous infusion so you have to go into a center and then you will need to get periodic brain. Mri is to monitor. And see if you're getting any of this swelling or brain bleeding when you're when you're doing this kind of regimen in a clinical trial. There's a whole lot of safeguards. It's very strict. it's very carefully conducted. It's going to be harder to make sure that be very clinics and the providers who are going to be giving this out to potentially millions of.
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"Studios. This is science friday. I'm john. Dan kottlowski in for ira flato later this hour. You'll hear iras conversation with dr. Rachel levine assistant secretary of health for the department of health and human services. But i this week. Marked the end of the keystone excel pipeline. The company said it would stop the project after the biden administration cancelled the permit for more than a decade the plan pipeline which was to bring canadian tar sands oil through several. Us states to the gulf of mexico was opposed by environmentalists and native american groups concerned about water safety indigenous rights and the message that is sent about fossil fuels and climate change. But there's another tar sands pipeline. That's in the news. This week and activists in minnesota are raising some of the same concerns. I that's the sound of protesters at an end bridge energy pump station near park rapids minnesota many chained themselves to equipment to slow construction of a line. Three pipeline. More than two hundred people were arrested during acts of civil disobedience and the protests are expected to continue this weekend minnesota public radio reporter. Kirsty marrone has been following the story. She covers water issues. And she's here to tell us more christie. Welcome to science friday. Thanks for joining us. Thanks john first of all tell us about this pipeline project unlike keystone. This isn't brand new. Why does the company say that needed. Yeah that's right line. Three is actually part of a network of pipelines. This canadian company and bridge energy and they transport crude oil from canada's our province to refineries in the us amperage says the original line three needs to be replaced because it was built back in the nineteen sixties. And it's deteriorating. It's actually been operating at half capacity so the new replacement pipeline would be larger and would be able to transport more oil and bridge also says it would be made with stronger. Steel and would be safer. Embassy has gotten all of the state and federal permits that it needs for the project and construction actually has been underway since last december and the company says it's more than half done. She tells us about the opposition to pipeline. There are several legal challenges including one that you were covering yesterday. That's right environmental groups. Don't like this pipeline for several reasons. They say that bridge hasn't proven that this expanded capacity to move more. Oil is even needed. They perpetuates the nation's dependence on fossil fuels which exacerbate climate change and that we should be moving toward cleaner energy instead also opponents worry that this pipeline puts minnesota's natural resources at risk especially its water. Which is what we're known for here in. Minnesota is the land of ten thousand lakes and were the mississippi river starts. And that's because this replacement line is being built along a different route across northern minnesota. Where there's lots of wetlands and streams and rivers the pipeline would actually cross the mississippi river twice so opponents are really worried about the risk of an oil spill or a leak and what that would mean for the water and the eagles system of this region. There's also an environmental justice aspect here. John of the native american tribes have been at the forefront of the resistance against line. Three they say. It violates their treaty rights to hunt and fish and gather wild rice on their ancestral lands. So there have been several legal challenges during the seven years that has taken the project to get this far and one of those we heard yesterday at a state appeals court hearing There were arguments against the state water permit that was issued for this project the tribes and the environmental groups argued the state pollution control agency. Didn't consider alternative routes that might have had less impact on streams and wetlands and that they didn't do enough analysis on the effects on aquatic life that the pipeline might have on these water bodies but state and federal judges so far. I haven't agreed to halt the project. These appeals are moving through the courts. So construction has been continuing vets. Kirsty marrone of minnesota public radio kirsty. Thanks so much for following the story for us. I really appreciate it you back and now for some other science news of the week. The national science foundation could soon be getting a major overhaul and expanded role focusing on funding cutting edge science. That's because this week. The senate passed a bipartisan bill. The commits roughly two hundred fifty billion dollars to technology research. Ai semiconductor production. Here tell us. More and to share other science news of the week. Is sophie bushwick technology editor with scientific american. Hi sophie welcome back. Hi thanks for having the so while the seems pretty big for science. Lots more money for technology research. Tell me what prompted this act of generosity on the part of the senate still. I think there's been a perception that we are in race. With other countries to have greater advancements in cutting edge technology like artificial intelligence machine learning and areas and in order to remain competitive the. Us will need to put a lot of money towards funding basic research and development in these areas. And so that's what this bill is attempting to do. I know that semiconductor production was added to the bill. Is that in some ways. A reaction to this global chip shortage that we've been experiencing i think so. The idea is that because of supply chain disruptions during the coronavirus pandemic. It's really made it clear. Just how much semiconductor. Production is taking place outside of the us. I think the us only has about twelve percent of the global share of semiconductor manufacturing. And so one of the goals of this bill is to bring some of that production back here and so that domestic companies will be making semiconductors and that will reduce a shortages due to similar supply chain disruptions. In the future. This is a rare. Bipartisan action in congress. What is the likelihood of all this coming to pass and actually helping science here in america. So this past the senate with sixty eight versus thirty two votes. So that's a pretty significant margin which suggests it has a good chance of making it through the house as well but.
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"Friday my reflejo where continuing our conversation with dr anthony. Fauci about forty years of hiv and aids in the us. How much we've learned. How much is is still unknown about the illness that was so frightening for decades ago. I wanna play a clip from another science friday. Show twenty six years ago back in nineteen ninety five. You're on the show with bob. Gallo who code discovered that hiv was the virus responsible for aids. And in this show. We talked about the latest. Hiv aids treatments that had been discovered and discussed all the things. We still don't know about the virus. This was twenty six years ago. And i brought up the point that it seemed like. There's a lot we don't know about the human immunity system and how hiv plays into it compared to how much we know about other systems in the body. And that got some pushback from both of you. Pop gallo does this mean we really don't understand the human the human immunity system that well very often scientists will say we don't know anything we don't know much we're just scratching the surface. I feel on a relative scale. We quite a bit about hiv relative to other viruses. And i think the field of is rather well developed field However you can you can make the argument away way. Somebody says we know nothing. You can argue. That's ridiculous so you can say we know an awful lot say the same thing but being more i'd rather punt that right to dr fauci took issue with with the with the point that was made that we know everything about all other other systems but we don't know much about the immune system. I disagree strongly with that. I mean if you look at the neurological system which we know a lot. There are more mysteries in the neurological system. Then you could even imagine and the endocrine system variety of systems. I don't think the immune system is any much further off in the amount we understand. Don't understand. I think the point that made is a very good point and i think that's the reason there's a lot of confusion. We know an awful lot about hiv. We know how the virus works. We know how the virus destroys the body's immune system but we don't know everything and that's the reason why the kinds of discoveries that was made by bob and others most recently adds more to the store of knowledge but to say that we know very very little about it i think is is is over exaggerating or to say that we know everything is certainly on naive. Oversimplification with making step-by-step progress. There's a ways to go but we do know an awful lot about it. First of all dr fauci. It's great to be reminded that you've been a straight talker for all of these years and not afraid to speak your mind of in hindsight. Did we know a lot about hiv at this time. Yes we did know an awful lot about at one of the things that the as the years went by ira that really was i say A little bit disturbing if not quite disturbing. Was that the full realization. That when you present the antigen and the form of an envelope trimmer or on whatever mechanism you're using in your vaccine platform that the body doesn't make broadly neutralizing antibody and when you have a virus. That continually mutates and changes because of the pressure of the immune system. That you've gotta get anybody's that are broadly neutralizing to all rations of the virus when you get a disease like measles. Measles doesn't change a heck of a lot over decades much less within a person over a period of months to years. So that's why you just need anybody's against the appropriate component of the virus to block it. That was the thing that we still don't know yet. Ira exactly how to induce broadly neutralizing antibodies against hiv. Our getting any closer. We are. And i think we're getting closer because we're using very sophisticated technology of structure based vaccine design whereby using cry electron microscopy and looking at the right confirmation. That would in fact trigger the b. cell lineage. So that you can actually trigger the appropriate lineages to coax it along to get to the point of making broadly neutralizing antibodies. That might require an approach. Back sinology that we've never had to do before is to give sequentially immunizations with a modified form of the image in to continue the path to broadly neutralizing antibodies. So you're saying Just constantly giving people booster shots. Well yeah sorta i mean. Version of a booster shot. Will you bring it to one point of differentiation. And then you bring it to the next so that you get to the point where you really do have broadly neutralizing antibodies. And how far along are you on this. How are they going to be human trials on this. I believe so. I mean there are certainly the only human trials that have gone to face. Three are the ones that are not going. After broadly neutralizing antibodies that are going after other types of immune responses. But the ones that are going to be going for the broad neutralizing antibodies are in phase one trial and hopefully when we get enough information. Proceed to face to way to be. And then ultimately the face three compared to forty years ago our collective worry about hiv aids has largely down of course put. It hasn't gone away. I mean i want to cite a two thousand nineteen report where more than half of new hiv diagnoses in the. Us happened in southern states. And of those african american men made up a disproportionate number of those cases. How did this dramatic demographic shift happen. Well it happened. I believe because of the accessibility of counseling accessibility to crap accessibility to.
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"Eighty degrees so take the example of crisper babies. There's been justified. Outrage over hollows. Babies were edited in china the lack of transparency on it but you can easily see a conversation with our kids or grandkids. Saying you know my parents were so primitive. Back them that they didn't edit out the k razz p fifty three bracket jeans. And i now have cancer and you could see how editing babies becomes only acceptable but mainstream. And you think that's where we're headed. I think a whole lot of technologies have flipped the logic a hundred and eighty degrees when you talk about one of the hottest spot nations which is oppressing other human beings enslaving them putting them in searched on. The question is why did this happen. For tens of thousands of years in every civilization. It happened in china in greece. In india the incas the mayans the africans and so why did people tolerate it for so and just as important over a few short decades. Most countries did away with illegal trips. I i understand. Slavery still happens today but in legal terms most countries said enough and it may not be a complete coincidence that that happened just as you started using oil and energy because a single barrel of oil contains five to ten years of a human beings labor. And when you tie up to thousands of horsepower then all of a sudden you.
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"Because i went so fast for so long That goes those birthdays. Everything in space travel or in large planning has an order. You have a plan. Let's say that you get enough funding. I'll give you the science friday blank cheque right here in my back pocket to bed. We're not in this. I can kind of what either because it's not there what would you do. i mean what. What steps do you take to create the the reality that you see. Christopher the some of that we're doing already which is more Health monitoring for astronauts in nassar's doing a lot of this already Longitudinal whole lifetime monitoring a vast amounts to make sure we keep them safe and see if there's any changes we missed during the missions. But what's really exciting is. Were now looking at other commercials. Space by providers in a lot of are going planning to go to the moon going farther. And so i think that's happening the work in the lab as a building these genetic circuits in these constructs to actually make sure that they work in human cells and can be really protective so some of this is already happening but i think The the other thing is to really The think also just about activating the second talk about some of the genes that are inactive or adding in components. Did that we can make ourselves more. Self reliant read the essential amino acids that we all have to eat. Because we can't make them. I feel like we should add beckons Experiments were just starting now. But then also. Some of the crisper therapies being tried in humans today. Some of the genome editing. It's happening today. So i think we need to do more of it and scaled up. I don't think we have to what's great is. We don't have to invent some entire new kind of science. We just have to do more do it. Faster and last question to you. Captain kelly. let's say you could go anyplace think about it. Where would you like to go. I would go to the nearest earth like planet which is really really far away. Not in our system discounts point mars. Actually it far as a plan to go do. it's one of the crappier planets i just. It's nice because it's close but if you're looking for one planets that we know of that have have a good size and are likely liquid. Water are the right temperature. There's a lot better candidates That are all really close but relatively close by galactic terms. Unfortunately we are out of. I would like to thank my guests former astronaut. Scott kelly out with a new book. Goodnight astronaut and christopher mason professor physiology and biophysics at weill cornell medicine and his new book is the next five hundred years engineering life to reach new worlds. Thanks so much deployed. Thanks her and if you want to hear more about. Scott kelly's time and space and reading her death christopher's book go to our website. It's up there at science. Friday dot com slash new worlds after the break as you've been hearing technology changes over time and so do our concepts of what's right and wrong. Are they connected. My next guest says yes. Stay with us. Wnyc studios is supported by forward. Know what's crazy waiting months for ten minute doctor's appointment healthcare is backwards but forward is clearing things up by.
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"Life. But it's totally unlivable. The air pressure. There is really high. Like what you'd find deep in the ocean here on earth has these hurricane force winds that just blow constantly and a very thick atmosphere with lots of carbon dioxide and even clouds of toxic sulfuric acid that trap heat so even though mercury is closer to the sun. venus is actually the hottest landed at around nine hundred degrees. So we're not we're not going to send probes down to the surface with a rover and like we've done on mars right that's right. It's a really difficult planet. Descended over to the other has been spacecraft of winning on surfaced before because of the heat the conditions there the spacecraft didn't last very long only less than two hours actually so we are sending missions to venus. But yeah won't be. It won't be a rover mission like we did with mars because we're really interested in those mysterious clouds and there were there were hints recently that there might be life in there somehow right. We have a lot of questions about venus's atmosphere also the surface of venus and so these two missions the first is called davinci and that's spacecraft. That will care shoot down to the surface of venus and take measurements in images in study the composition of its atmosphere on the way down. Either were there was a publication last year that scientists in which scientists claimed that they might have found traces of life in the atmosphere around venus and those results have since been contested. It's not really clear if that's the case but that study will help us determine you know kind of once fall whether that that's possible and then the second mission very toss that's an that's gonna move around the planet and use radar to map the terrain and the elevations of venus's surface and use infrared to figure out what kind of rocks are down there. And whether they're still volcanic activity on venus right. That's great there's a there's other cool space news. We learned this week that a piece of space debris hit the international space station. Whoa.