35 Burst results for "Last April"
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 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.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
Epicenter
A highlight from Misha Komarov: =nil; Foundation The Marketplace for ZK Proof Generation
"Welcome to Epicenter, the show which talks about the technologies, projects, and people driving decentralization and the blockchain revolution. I'm Brian Crane and I'm here today speaking with Misha Komarov. He's the co -founder of NIL Foundation. NIL Foundation is basically working on a marketplace for zero -knowledge proofs. So we're going to dive into what NIL Foundation is, a zero -knowledge proof, zero -knowledge proof market. I think this is one of the areas where there's been a lot of interest, a lot of buzz about it, right? There's a lot of investment in this area and yeah, so really excited. So thanks so much for joining us, Misha. Yeah. Thanks for inviting me. So I just mentioned, right, like, okay, a lot of like ZK interest happening now. Now, an interesting thing about NIL Foundation is that you guys actually started in 2018 and it says on the website kind of that this initial focus was on sort of best practices for database management systems for crypto. And so I'm just curious if you can talk a little bit about how did this get started and what was the original vision for NIL Foundation and yeah, well, what is this database management system? Why is that important? Okay. So let's go into that. Basically the reason why NIL Foundation was started is because prior to that, it's like me and well, it's like, it's like we were together doing a fork of STIMIT, basically like European dedicated fork of STIMIT and I was kind of a fellow who was responsible for all the technical part in there. And it's like, from my perspective, I was dealing with all the technical issues, with all the data management issues. And I, I literally, it's like, I was, I was literally like in pain by the absence of proper data management tools back then. And it's still kind of absent to be honest. Like people still struggle with like access to Ethereum data and yada yada. So I was, I was struggling with the absence of that and considering that all the STIMIT stuff and all the color stuff was actually kind of a social network and something, something you have, you obviously were required to have proper data management, I mean, like proper one, just like they do in traditional, in traditional web industry. So we had no such a thing back then, and we still have no such a thing. So I was like, so in April of 2018, I was like, it costs, let's go do a DBMS, right? I mean, I don't want anyone to struggle that I don't want to struggle myself. I don't want anybody to have that issues. So that's what it was. Right. So this will be like, okay, you want to have a database where like you store in there, I don't know, these are all the users, these are all the posts and then like use that information to serve a web application. Yeah. Yeah. Since it was required for such a database to work in untrusted environments, like to be basically BFT compliant, right? So it's like database for crypto, right? So I had to, so we had to think about how to mix these two industries together to make it, to make it basically, to make it basically work, to make it, to make it suitable for hosting BFT drive calls, for hosting BFT applications. So yeah, that's what it was. That's, that was the idea, to merge two industries together. Yeah. And then, cause the idea with this databases were basically, I'm curious if you can expand a little bit more on this aspect of have the database be trustless. Did you kind of imagine that the user would have some way of verifying that, you know, the database functioned in a particular way and, you know, sort of serve the results in the right way? That's one of the critical components, because if you weren't, if you weren't like the DBMS or like the database to work in untrusted environments, you've got to be able, you've got to be able to verify what's going on in there. I mean, you can't just like go and access, for example, somebody's data, like Ethereum's data or like some rollups data or like some other product or data, something, something, whatever. You can't just come in and, you know, and trust what, what has been given to you. Because I mean, this database could have easily just, you know, screwed yet. And this, this, this, this can result like in something very nasty. So basically it is required and it was required to make the interaction with this thing as trustless as possible. Because I mean, like one more trust point, come on, we don't want to be that trust point, right? So we do not want to have that responsibility on our hands. So basically to make it as trustless as possible, it was required for people which operate over some data inside this database or through this database, like over Ethereum's data, for example, right, it was required to make it, to make them capable of like verifying whatever they have done. And for the sake of this, it was required to have an, it's like, it's like a like provable execution environment. Right. And so that's basically a desire and how to do that, like provable execution environment. It's like, you also, it's like beside the people, it's like how to do this. I mean, you've got to prove somehow what was executed and the most, it's like the most convenient, the most suitable thing, which we had back then was some like modification of growth and you know, some theoretical constraint system based proof systems. So that was the best fit back then. And we were like, it's not sufficient, it's not good. And we would need much more than that. So we started working on the cryptography suite. We've embedded proof systems in there. And once we realized that, okay, it's like, we got, it's like the industry got to that point when there is, when there is enough of like tech and theoretical research available to make such a executable environment, we were like, okay, well, it's like blonde case proof systems were introduced. We got the, we got in the pursuit of ours and not a question arise. It's like the second question which arise is that besides just proving the execution of whatever was done with the data inside the database, you've got to prove that the data, which was taken as an input to this database was basically taken from a right place because otherwise, I mean, how can you be, how can you be sure that the data that you're operating over wasn't, you know, just made up out of nowhere, that it's actually, for example, Ethereum's data, right? So for the sake of this, we needed state and consensus proofs. And that's how we got together basically with Ethereum foundation, with a lot of foundation guys, because that was like our, that was like our desire to do state proofs and consensus proofs. And they were like the only ones which had any idea about this, about this back then. And once we got this, once we got together in 2021, this collaboration of ours evolved into the birth of ZK bridges. I mean, like so many projects are built in ZK bridges now, right? So, but like back then it was, back then it was like, Hey guys, we need state proofs, you know how to do them. We want to learn, let's do something together. So that was basically like, it were just some ZK bridges in general. So that's, that's like what it was. So, and when we, it's like, it's like in the process of doing all that, we were like, yeah, well, it's quite a lot of circuits. I mean, like very, it's like too much circuits. All right. And they're very complicated and we don't want to do that like manually anymore. Cause we spent like a couple of years before that already, like crafting those circuits we and were like, nah, we're not going to do that. I mean, probably somebody else has this kind of problem. So we need a compiler for that. Let's just do a compiler for that. So we took LLVM. I mean, like just, just, just the compiler, like which everybody uses, it's like, you know, very solid. And we just took it, we made it provable. So that's how ZK LLVM was born. I mean, because, because we were like sick and tired of building circuits like manually. And apparently the rest of the market was also sick and tired of doing that. And the proof market is basically, it was born out of our realization that all of those state proofs, consensus proofs and state transition proofs we worked on for the sake of, you know, making this as transparent and as trustless as possible. We're really heavy and we were not willing to make like, you know, anyone to generate it themselves. And we will always like, we didn't want to generate it ourselves. So we were like, okay, well, we'll just make marketplace since, since so, and basically, and basically we just slapped the marketplace on top of the same database that we're doing and we were like, okay, well, we were building a database, we tried to make it as trustless as like, you know, as transparent as possible, so we'll just slap the proof market on top of it, so this could also become like, you know, decentralized and like distributed, whatever, whatever, whatever, like for pro generation. That's what it was. Cool. Cool. No, I think that was very helpful. Actually, I think what would be great to talk a little bit about, and, you know, I think for some, many people, this will be familiar and for other people, it's still kind of like maybe a little bit new, but it's like, some of the like use cases for ZK tech, right, because what you mentioned, right, basically, okay, you want to have like this provable, you want to have some code, right, and that's like provable, so of course, like sort of an obvious thing would be, well, you just use a blockchain for it, right, put it on a blockchain. It's not that simple.
Mutually CoDopendent
A highlight from Renee and Their Labels
"Hey guys, welcome to Mutually Codependent, I'm Jen. And I'm Adam. And today we have a very special guest. Welcome Renee to the show. Hello. Hello. Hello. Should we get a little button so we could have like applause? Yeah, a little soundboard. Yeah, yeah. It's lonely in my head without that stuff. It's much quieter with meds. So Renee is the store manager for our Round Rock store. They are affiliated with our store. So it's not just a random person, but that's cool. It would be weird. Store manager Round Rock, how long? It's been over a year, April. April is a year late manager being here. Oh, being manager. No, I made manager in December last year. Yeah. So when I started working from home. Yeah. It was around that time. But you've been with us a year and a half. Yeah. Yeah. It's goes by so fast these days. I really felt like the other day was just like, oh, it's Renee's one year anniversary. No, it's that's a while away now. I think you started the end of March. So there's the strain of the show so that we have the the justification for the smoking, which I already started. Hold on. Hold on. I got. Oh, that was the box of matches falling. Renee's too Renee's good for the lighters. I taste the butane. I don't know how to also describe it. I had a friend who turned me on to using matches. You wait for the little little bulb to burn. You wait till it gets to the wood and it's virtually tasteless. So I started using matches a lot more since you came over the first time. But I did think that it was funny because we had this like disco. Oh, yeah, you can taste the butane. I'm like, oh, I know what I'd like to do to avoid the taste of butane in my mouth. I'd like to make sure there's at least four or five seconds of very sharp sulfur in my nose before. Because because that's better. I mean, what is these days? What is what is? I just always I make the mistake of lighting the match when it's right under my nose. So if I were to just fix that, it's it's the sort of you try. You strike it away from yourself. I had to learn the hard way to where I was just like, whoo. Shit. Well, we aren't supposed to like the smell of matches lighting. Well, not right under your nose and not as a replacement for the subtle taste of butane. I mean, but I think it's like cilantro. If you taste it, you taste it. If you don't, you don't. So I'm not judging. I'm just being a shit. I mean, when you're not. So what we're what we're smoking straight to the show, the strain of the show today is jelly rancher. Um, jelly rancher. This is brought to you by actually, I think this is hemp living. Hemp living. There we go. It's one of the brands that we sell in the store and it is available online, I believe, as well. Jelly rancher is known as a sativa. That is 26 percent THC, a considered a sativa dominant hybrid. It's been described as happy, giggly, focused feeling with notes of berries and citrus. Beta -cariophalina is the main terpene, which is the same terpene that's in black pepper and cinnamon. It's it's a little peppery. Did you just fucking? I just dropped my cherry on the. You just dumped your cherry into the ashtray. I didn't mean to. Incense, incense. So scoop it up. Scoop it up. I don't know if that's possible. So don't don't use your finger. We have tools. We're humans. We have a lot of lead. If you know that one dies, you can just like your pre -roll. We'll probably do that. Stoners. Hey, one problem at a time. Yeah, if anything, we're we're true engineers. True engineers. Well, you said did I show you the pictures of those like super old like methods of smoking? No, that I found when I was doing the research for the Bastrop thing. No, it's pretty fucking cool. Yeah, it's basically they they carved out a hole in a. Like a like a log, I guess. And they would heat up rocks and put the rocks on the cannabis, so they'd stuff the hole full of cannabis. Like imagine it was like, I don't know, a couple inches in diameter. Like golf ball would fit in it. Right. And it was like a segment of a branch with the golf ball size hole pulled out of it. Shove a bunch of weed in there and then take stones that were heated from the fire and drop them on top. Yeah. So they were literally vaping it. Yeah. It was like old old school vaping technique. Does remind me of the time when I was actually first introduced to weed. It was at a party. And they smoked through an apple. I've done that. Yeah, they cut a hole top and bottom, put some foil on it and and went to town. I mean, I didn't smoke because I was a goody two shoes back then. But, you know, we change. We evolve. Yeah. You know, the thing about people is we can change our beliefs based on our experiences. Yeah. Truly pattern seeking if we choose to. I saw a guy in TikTok the other day smoke weed out of a headrest from a car and a car like still. Yes. And so, yeah, like he took it off. He opened he put he put his weed like down the hole of the metal on one side. Like it was his joint. So he put his joint down one side, like down. And then he just I don't something how he like breathed in through the other side and he was able to smoke. How carcinogens many do you think it was so stupid? So the headrest, oh, the head rest of your car, pulling off the headdress the two holes are and using the actual chair itself, because that sounds like a great idea to be a car made in the 70s full of asbestos. His friend was like, if you were a loved one who suffers from mesothelioma, I miss my popcorn ceilings, OK? Oh, we have popcorn ceiling looked up, actually. So we have modern popcorn ceiling. So it's not as best as terrible. I just think it's fine. I just see you look up as soon as I say that. Oh, somebody was talking about it before and she was like, was it Jackie telling us to get rid of it? I don't know. You got to get rid of your popcorn. I was like, no, then it echoes. And they're like, yeah, but it's OK. No, it's not. No, we're good. We don't own this house. So we put together a list of things to talk about. Yeah, I guess we could read it. Well, we could just kind of go through it. Yeah, we could keep the audience on edge. Keep them on edge. Hey, are you on edge? Stormy. Stormy. Lily Reagan.
Simply Bitcoin
A highlight from Europe's Anti-Bitcoin Bill Reveals Plan to Stop Adoption | EP 829
"It's all going to zero against bitcoin it's going up for ever more you're against bitcoin you're against freedom yo welcome to simp with bitcoin live we're the number one source for the peaceful bitcoin revolution we will be your guide through the separation of money and state speaking of the separation of money and state interesting news coming out of Europe kind of not as bad as the proposed bill by Elizabeth Warren that we covered on one of simply bitcoins simply bitcoin lives episode this week but it's something very similar right this idea that every single transaction needs to be KY seed right and then I think that will inevitably lead to the any host unhosted wallet needs to be KY seed all right the the wording specifically in the Elizabeth Warren bill included any minor any validator any software wallet so you know it's just of course the powers that be that tremendously benefit from having a monopoly on the creation of money having controls on money of course to benefit themselves of course they're not going to be okay with this and this was the theory that was originally you know put out back in the 90s in the book the sovereign individual I'm going to read you guys a passage from that book because I think it correctly predicted exactly the reactions from governments I don't think governments have been able to they're not used to this environment where they have competition and most importantly not only do they have competition but they can't shut down the competition right because we remember we saw Facebook try to launch their own you know digital currency and they got shut down real quick the thing with Bitcoin right and Bitcoin only right because aetherium is inherently centralized meaning it will inevitably be co -opted so they have no choice but to ally with the state and they were in order to survive but with Bitcoin can't be stopped and because it can't be stopped it creates a forcing function in the long term as more and more individuals choose to opt out of inflationary money into deflationary money so yes of course times are changing but it's not only on the money front right we're not only living through the disintermediation of money but we're also living through the disintermediation of information and yesterday was a historic day I've never seen this in my life the UK Parliament sent Russell Brand an extremely popular independent content creator a letter to rumble we love rumble by the way we're on there subscribe to us on there and shout out to our rumble audience as well it's been growing by the day so we appreciate you all they sent a letter to rumble asking rumble to demonetize Russell Brand like YouTube did so we have governments that are directly asking platforms to demonetize content creators of which they don't did they don't agree with that is absolutely absurd and these are the same governments that want you to trust them with central bank digital currencies if they had central bank digital currencies in place they wouldn't even have to ask the platforms they could just flick the switch themselves so when we say Bitcoin or slavery or how beauty on said it and I'm starting to lean this way to Bitcoin or death we are not exaggerating and you have to choose what world do you want to live in in the future and most importantly what world do you want the future generations your children your children's children to live in so it's gonna be a great episode I'm really looking forward to it you have to stay on top of what's going on anyways we also we also have a very special treat for you guys we have the head of customer experience from foundation devices the maker of the passport hardware wallet and he's gonna do a live demo for us during the culture cement segment so I'm really really pumped about that let me bring up let me bring him up on stage Bitcoin Q &A you're quite well known on Bitcoin Twitter as well how you doing buddy yeah doing very well thank you very much for having me I'm psyched to shoot the shit with you guys this evening well even in my time but yeah certainly some interesting goings on especially around the Russell brand thing so I'm sure we'll be able to share some insights on that one but not a good look yeah I completely agree man it's it's some some interesting times we are living through people some people call it the fourth turning I don't know man but the phrase that sticks with me the most is weak men create hard times hard times create strong men strong strong men create good times we're definitely going through this era and then I think it was actually Vladimir Lenin that said the very very famous quote right where there are decades that nothing happened and then there are weeks that decades happen I think we're definitely living through this moment of time anyways no more delay let's bring up my legendary co -host not optimistic today no smile oh there's this smile sorry I was caught reading the channels optimistic fields how you doing bro well I am doing wonderful and I'm actually really excited for this culture segment today guys I got a sneak peek of the demo that we're going to see and I think there's gonna be awesome this might be a simply Bitcoin first for the live show but to the news stories and stuff it really just goes to show that if you speak the truth you are the enemy of the state and I think more and more and more people are waking up to this because they either continue to de -platform you from your banks or de -platform you from social media for saying what they don't want to be said you know for saying the quiet part out loud and you know this is why we do our show in a very particular way so that we can survive on YouTube but man it really just goes to show that the powers that be are completely terrified of people talking about the truth hence why you guys need to talk about it more and continue to spread that signal but it just goes to show that this is the the last I don't know the last gasp of the great Leviathan you know what's them saying like darker before the dawn like this is their last grasping at straws to control the truth and and I mean I've been saying for a while I think the monopoly on truth is slowly and dwindling they're going to try to make examples of this so you know just be prepared we know what's coming so protect yourselves protect your family and continue to spread the Bitcoin truth the Bitcoin signal actually just truth with a capital T I suppose anyways Niko let's let's get into this one let's get into this one let's get into the show man I'm really really excited alright guys let's get to the numbers we have a lot to talk about today and I'm super is your Bitcoin in cold storage really secure is your seed phrase really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamped seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamp seed alright guys I literally made it super easy for you guys you can scan the QR code on your screen it will take you directly to stamp seed website you can get you could store your generational wealth on titanium so you don't have to explain to your children why you lost your Bitcoin because you stored it on paper you can use promo code simply get 15 % off anything on the stamp seed website at the time of recording the Bitcoin price is twenty six thousand five hundred and seventy sats per dollar three thousand seven hundred sixty four block height eight hundred eight thousand seven hundred twenty nine blocks to having thirty one thousand two hundred seventy one having estimate April 21st 2024 total lightning network capacity four thousand eight hundred fifty five Bitcoin capacity value one hundred twenty nine million US dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin currently sitting at five hundred and seventeen billion dollars Bitcoin versus gold market cap four point zero one percent in the grand scheme of things Bitcoin is still a baby if Bitcoin reaches not if when Bitcoin reaches the gold market cap that is five hundred thousand dollars per coin and I think that's just getting started anyways we played you guys a video yesterday of a member of the United Nations talking about how we are in an information war we played you guys the video and she was basically recommending that that that they no longer have people to call on on Twitter to censor information she was also saying how there's an army of people that are propagating United Nations approved information well you know she's she's talking about as if the information that's coming out of the United Nations is a matter of fact right she's talking about the problem of disinformation disinformation well my question to you guys is who gets to decide what is disinformation and what is information right well we advocate for on simply Bitcoin is individuals not central planners not governments using their own critical thinking abilities right to dictate okay this is a good idea this is a bad idea right this is how the American this how the American Constitution it's literally written like that that there's a reason that the First Amendment is the way it is right the government or Congress should make no law you know basically censoring or stopping the freedom of the speech of people right and they made it that way for a reason because if there is a central authority if there's a government that gets to dictate what information is true what information is not true history has shown that they'll use that power to protect their own political mode right so thank God for the internet thank God for technologies like Bitcoin thank God for technologies like Noster for example they can't do this anymore and because they're not able to do that they're freaking out number one and number two and number two it becomes a forcing function over a long period of time but that doesn't stop them from trying here is the former New Zealand Prime Minister at the United Nations saying that that words are weapons of war right weapons of war if so if you say something against the government that all of a sudden becomes a weapon of war and again this has escalated it is escalated to the point where the UK Parliament has asked rumble to demonetize Russell Brand who's a very popular content creator who goes against the legacy corporate media's narratives right and it kind of embarrasses them so what are they doing they're attacking his money they're saying rumble okay they can't they've tried to deplatform people before they've gotten a lot of pushback so what they do instead is that they attack his pocketbook obviously YouTube complied they demonetize Russell Brand's content but rumble said no we're not doing that so love that of rumble we're on rumble we support rumble that's awesome but another thing that I want to say is that the allegations against rubble Russell Brand are just that they are allegations they have not been proven so something that has not been proven is a justification to shut off someone's living that is insane anyways let's check out this letter and this is a letter by part by the UK Parliament the specifically the cultural culture media and sport committee to the CEO of rumble Chris Palavoski who says dear Chris I'm writing concerning the serious allegations regarding Russell Brand in the context of of his being a content provider on rumble for more than 1 .4 million followers the cultural the culture media and sports committee is raising questions with the broadcasters and production companies who previously employed mr. brand to examine both the culture of the industry in the past and whether that culture still prevails today however we are also looking at his use of social media including on rumble where he issued his preemptive response to the accusations made against him by the Sunday Times and Channel 4 his dispatches while we recognize that rumble is not the creator of the content published published by mr. brand we are concerned that he may be able to profit from his content on the platform did you hear what they said the government is concerned that Russell Brand might be able to profit from his content because there was some allegations made against him conveniently a lot of Russell Brand's content is criticisms of the government so I mean big coincidence I guess you would you could say we would be grateful if you could confirm whether mr. brand is able to monetize his content including his videos relating to the serious accusations against him is so we would like to know whether rumble intends to join ryu tube in suspending mr. brand's ability to earn money on the platform we would also like to know what rumble is doing to ensure that creators are not able to use the platform to undermine to undermine the welfare of victims of inappropriate and potential potentially illegal behavior so they asked rumble to demonetize a content creator an independent content creator that's the key word when we had Parker Lewis on the show and I was talking about the legacy corporate media he didn't say no Nico it's not the legacy corporate media it's the legacy government media so anyways why is this happening I think Jeff Booth said this perfectly we read this to you guys the other day and this all boils down to the money this is why we say as Bitcoiners fix the money fix the world here's Jeff Booth he says because broken money Elon Musk said how did most of the legacy media go from superheroes of free speech to supervillains of speech suppression and Jeff Booth says because broken money ensures the centralization of power by stealing the productivity through inflation that should flow to society in the form of lower prices then those enriched by that theft and subsequent power must control the messaging to keep it but it all it wasn't only Jeff Booth that said this here's an article from our friends over at Bitcoin magazine of nine Bukele the president of the country shining on the hill the Savior El Salvador the first country that made Bitcoin legal tender the beachhead for the Bitcoin movement around the world he goes on to say the most vocal detractors the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites and the people who work or benefit from them they used to own everything and in a way they still do the media the banks the NGOs international organizations and almost all the governments and corporations in the world and with that of course they own the armies the loans the money supply the credit ratings the narrative the propaganda the factories of food supply they control international trade and international law but their most powerful weapon is their control of the truth and they're willing to fight lie smear destroy confiscate print and do whatever it takes to maintain and increase their control over the truth and everything and everyone I think come from Nico or simply Bitcoin that came from the president of El Salvador name Bukele so what is happening here two things are happening here thing number one the internet has empowered individuals and those individuals can now use the internet to uh to grow these massive platforms themselves and because they're individuals they're a lot harder to co -opt and at the same time we are witnessing the distance remediation of money that internet has allowed Bitcoin and Bitcoin has empowered individuals to choose their own money too so government states NGOs international institutions right that have had this privilege of having not only having the monopoly in the control over money but also the monopoly in the control over information it's quickly diminishing in front of their eyes and of course that system is fighting back they can't take that they've been used to operating in a system where they've been able to control the narrative they've been able to control the truth and that is slipping through their fingers and they don't know what to do and that's why they're short -circuiting the way they are that's why we've gotten to a point where the UK Parliament is literally asking a platform to D monetize an independent content creator not to mention all the stuff that was revealed during the Twitter files where it was exposed that the US government even though that is explicitly against the US Constitution the government should not be censoring speech was asking Twitter to D platform D boost and censor certain speech and these are the same governments that also want you to trust them with central bank digital currencies and they expect you to believe that they're not going to use central bank digital currencies as a weapon as a forcing function in order to control your actions as a individual and this was all predicted I might add in the book the sovereign individual which we'll get to during the new segment but this is some crazy times now what can you do to protect yourself in this particular situation do your own research pick what information sources you choose you you want to choose I love Twitter because it's like a news aggregator and the the news that you know pops up pops up Noster is a great platform rumbles a great platform YouTube is is good to do your own research don't rely on a single information source and then most importantly the most empowering thing you could do is to opt out of state money opt into Bitcoin I think that's the most powerful thing you could do look the most important the most important vote you can make that voting for a Democrat or Republican it's not to say that it's not important to vote but the most powerful vote that you can do that will actually change things is voting with your wallet opt out and the way that you do that is you buy Bitcoin earn Bitcoin mine Bitcoin and take that said Bitcoin into self custody the moment you do that you're part of the peaceful Bitcoin revolution whether you are aware of it or not and that is how we win if enough people take self custody we win and there's nothing they could do about it speaking of self custody we have the head of customer experience with us today Bitcoin QA and you guys make it super fucking easy to take self custody with the hardware wallet that you guys make and not to mention the awesome application that you guys make so Bitcoin QA what's your take on this whole Russell brand stuff I can't believe we've reached this point if I would have been told this five five six years ago I would have said that's impossible there's no way that's that that's so ridiculous what's your take on all this yeah before I enter you I've just got to say that was one hell of a fucking monologue I take my half to you that was fantastic yeah kudos and yeah the whole Russell brand thing man just completely shocking another example yet another example of government overreach Russell brands been a thorn in the side of the UK government if you can't tell by the action by the way to anybody's listening that I'm from the UK and he's been a thorn in their side for years and he's a very well educated man he's very well spoken and he has drawn a lot of following by speaking out against money printing against government policy he was rabid about the whole covert thing pharmaceuticals getting rich because of you know yeah you know all of the corruption that went on over those couple of years and I see this recent letter as that them seeing the opportunity as they're into trying you know get one back on him you've touched on earlier that the fact that all of these are just allegations at the moment and the fact that they're going around trying to take money off him from you know he's not been convicted of anything at all that's not see won't be but right now they're just allegations and they're trying to take his money off him it's just completely shocking and they're just trying to lash out because he's been a pain in their ass royally for years so yeah I mean they're just they're just overreaching and leveraging their powers wherever they can just to kind of deep platform and then hurt his wallet as well unfortunately yeah 100 % they attack his money they attack and again like they attack his money and they're also like hey guys these CBDCs like we'll respect your privacy you could trust us what are you talking about anyways Opti what's your take well I actually I kind of want to ask Q &A question because there is some talk about this in the chat what's your thoughts on Russell Brand being like controlled demolition Q &A whoo how do you mean like basically that this is like an orchestrated attack you know once everyone's talking about this maybe Russell Brand isn't necessarily as much of a truth speaker as people are making him out to be like does he actually believe what he's saying or is this just kind of one of those things where you know you create a figure and then you kind of tear him down to discredit the whole movement in general the whole truth movement yeah possibly I think I think most of what he says is genuine he before he started doing all of the YouTube stuff like he was he was a you know some form of a celebrity he had a big following and could have monetized himself as a product in many many other ways by coming out and being as outspoken as he has against the the prickly topics of like money printing and you know COVID etc he must have known you know he's smart enough to know that would have been incredibly divisive to people that followed him so I lean towards the fact that he's genuine and the fact that they're probably gonna try and use him as a scapegoat to warn ward off other people that kind of speak out against any government policy etc etc yeah I'd agree I mean like especially considering what his status was it's hard to follow the incentives and be like yeah he's got a lot to gain from this when in reality he's on the verge of losing everything so I'd agree with you and then just kind of going back to the beginning of this rant and and people are saying epic daily Nico Jones rant today so good job Nico I like when Nico gets get animated remember growing up guys when I grew up I had a saying and I'm sure your mother told it to you as well and we all probably said it in kindergarten you know sticks and stones but words may never hurt me and now we grow up in a world where words are violence like what is going on guys and that's a convenient it's a convenient way I know Nico I was getting there I'm asking rhetorical questions on the show now okay I'm learning some Nico Jones tactics but as we know guys as we know guys you know if you can stop words from being said then you can stop thought and if you can stop thought then you can ultimately stop behavior and this is where they're going they want to ensure that you guys sell censors so that you guys don't lose everything and this is where we are guys that they are absolutely afraid of people speaking the truth they're absolutely afraid of the average person waking up and exposing all of their lives because that's all they have they have lies and favors and they have the monopoly on truth as we think now is more important than ever to speak your minds to make sure you're having these conversations to as the saying goes you know speak truth to power and all that good stuff because there's been a constant theme throughout 2023 or actually rather since 2020 basically is that if your voice is too big and you talk against the establishment then the powers that be will do anything they can to put you back in line and whether that means you know breaking your reputation taking all your money dragging you through the court of public opinion we know what their tactics are and if you're following along closely then you know what the playbook is and it's almost like they're doing the same thing over and over and over again but I think the silver lining of this is that it seems like their playbook isn't working as well as it used to which in some sense should be absolutely terrifying because then they're going to go to even more extremes and you know I'm not gonna say what everyone's thinking but it's gonna get crazy guys and so I think it's just becoming very very clear that as an individual just even a normal person that doesn't have a platform like you want to do whatever you can in your power to protect yourself and hence why we always say that it always boils down to the money guys so protect your money protect your livelihood by taking your Bitcoin into self -custody by saving in Bitcoin and because remember guys this is always about theft they want to take your wealth and put you back in your place and then distribute it and make everyone feel good and we're seeing this happen in real time and it isn't lost on me that this is done via a letter you know it's just like hey how nefarious can a letter be but if you're reading in between the lines then you know how nefarious this letter actually is and that this is a coordinated attack on someone that's talking against the establishment and if people like Russell Brand you know say what you want about him but if people like him can't speak about the truth and they also get run through the grinder like imagine what would happen to an average individual like there's no hope for us if people of that stature can't talk about what's actually going on in the world and hence why it's so important to continue to double down on independent content creation spreading the truth talking about all this stuff because this is all we have we have the truth on our side and as the saying goes you know the truth will set us free so just just don't be afraid you know be brave but also be smart out there and the best thing you can do is just protect yourself and protect your money protect your family and I think as more people do this then the world will slowly but surely start to fix itself anyways you know amen we'll see what happens amen preach brother all right everybody let's get to the news we got a lot to talk about today let's check it out no no no no no no before we do that before we do that I have to give a shout out to our awesome sponsor Bitcoin 2024 it's gonna be the largest Bitcoin conference on planet earth it's gonna be in Nashville Tennessee it's not gonna be in Miami this year July 25th through the 27th 2024 you definitely want to get your tickets quickly before the prices go up for a GA it's 349 for an industry pass it's 849 for a whale pass it's four thousand seven hundred forty nine Opti and I are gonna be there it's gonna be awesome check out Bitcoin 2024 in Nashville Tennessee the year of the having Opti and I are gonna be there some other simply Bitcoin members are gonna be there it's gonna be awesome use promo code simply to get a 10 % discount on the already discounted tickets to Bitcoin 2024 all right now let's hit the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
Simply Bitcoin
A highlight from Robert Kiyosaki: Buy Bitcoin NOW, Before Market Crash | EP 828
"Yo, welcome to Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution, we cover breaking news, culture, and medic warfare, we will be your guide through the separation of money and state. Robert Kiyosaki, he is the author of Rich Dad Poor Dad, it was one of the most influential books that I read in my professional career, in fact it was one of the first books that I read in my late teens, early 20s, I dropped out of college so I took the non -normal path, the path where my parents are like, you're never going to make anything of yourself, and that book was a big inspiration for me, it motivated me and it really kind of changed on my mindset what is money, what is entrepreneurship, what is wealth, so I highly recommend that book if you haven't read it, and the reason I'm talking about this individual today is because he's pretty base, he likes Bitcoin, he likes Bitcoin a lot, and he tweeted something, something actually that he's been tweeting for quite a while, and essentially what he's saying is, you better get yourself some gold, you better get yourself some silver, obviously I don't agree with the gold and the silver, it's not that gold in itself is bad, I just think that the gold market is captured because of gold centralization, because of its physical characteristics it leads to a lot of people cussing their gold, and I think that inevitably leads to rehypothecation, that inevitably leads to manipulation. So, yeah, I think Bitcoin is the insurance, but most importantly, if this news was just on itself, you would say, Niko, this is a bunch of noise, what does it matter if another person is saying to buy Bitcoin? Well you guys know the deal, what we do here at Simply Bitcoin, connect the dots, remember all the people that are saying, buy Bitcoin, the other day I think it was yesterday's episode, you had Jordan Peterson, so you have another influencer, you have another person who has a huge following, who's the author of a very, very famous book, Rich Dad Poor Dad, it's a very influential book, also saying the quiet part out loud, buy Bitcoin as insurance, get on the life raft, so that is awesome, we're gonna talk about that today, and also in the European Union, European Union passed DAC8, and essentially what that would do is it would force crypto service providers to report all transaction information on EU clients, which is something very, very similar to the Elizabeth Warren bill that we covered on yesterday's episode, so yeah, we covered Jordan Peterson on Monday, we covered the Elizabeth Warren stuff yesterday, so you could see where all these countries, the direction that all these countries are heading, as the separation of money and state accelerates, and the nation state tries to maintain that privilege, the privilege, the control of money, the monopoly over money, but I don't think you can stop an idea whose time has come, so they're gonna have a very, very hard time stopping that, I'm very excited for today's show, it's Wednesday, we're halfway through the week, it's time to bring up my legendary co -host, who is literally smiling and laughing, this is Ati all the time, how you doing brother, what's up? I'm doing great, I'm just laughing at you, because like hey, you know, I was joking before the show, I was like okay, let's just get the show done, and you're like, I live for this stuff, this is what I do, and it still works, but we love to do this man, and yeah, to your point, you know, I remember reading Robert Kiyosaki's Rich Dad Poor Dad, my early days right before I found Bitcoin, and it was definitely one of those defining books in my life that, you know, I think I've come a long way since then, but it was one of those books that definitely got me reading, or at least thinking about money correctly, anyways, on that point, last week we had a kneel on, and someone asked, what are some of the Bitcoin fundamentals, and so I went on my Noster yesterday, and I asked people what they thought are some Bitcoin fundamentals, and shout out to Darth Coin, our simply Bitcoin Telegram group moderator, and he gave me one of his articles, so I'm gonna use that as a jump off point, so hopefully some new people that are in the chat, I saw someone say they just got their first, you know, their first Bitcoin, they just started stacking, so you know, we're new people in the Simply Bitcoin YouTube that maybe aren't as familiar with everything that we know, we're trying to get them on board, you know, I know you guys, I can hear you guys saying, you know, Opti repeats himself so much, but hey, we're trying to get everyone on the same page, not everyone understands as much as you do, and as I jokingly say all the time, I think I've forgotten more about Bitcoin than I remember, but all you need to remember is, stack sad, stay humble, stay solvent, take your Bitcoin off the exchange, keep it simple guys, so we're gonna kind of get back to some fundamentals, give you guys some, as Darth Coin says, some Bitcoin commandments, and we'll kind of have a little chat about that, I'd like to get, or pick Niko's brain about what he thinks are some of the fundamentals as well, so we got a good show, I think actually it's gonna be a fitting show with the Robert Kiyosaki news as well. Robert Kiyosaki man, it's absolute legend, love, love his work, love the book that he wrote, also guys if you're enjoying the show, help us break 100 likes within the first hour, I think yesterday, or the day before, we broke 200 likes, so if you're watching the live stream right now on Rumble, YouTube, Twitter, make sure to smash that like button, also join Simply Bitcoin's Telegram group, it's absolutely free, we're almost, we're about to hit a thousand people in there, so just go to t .me slash simply Bitcoin TV, join it, it's a party, you can tag Opti there with some memes and he'll feature them on the show. Alright everybody, no more delay, let's jump straight into the numbers, we got a lot to talk about today, let's check it out. The Bitcoin Numbers Is your Bitcoin and cold storage really secure? Is your seed phrase really secure? Stamped Seeds Do It Yourself Kit has everything you need to hammer your seed words into commercial grade titanium plates, instead of just writing them on paper, don't store your generational wealth on paper, paper is prone to water damage, fire damage, you wanna put your generational wealth on one of the strongest metals on planet earth, titanium. Your words are actually stamped into this metal plate with this hammer, and these letter stamps, and once your words are in, they aren't going anywhere, no risk of the plate breaking apart and pieces falling everywhere. Titanium stamped seeds will survive nearly triple the heat produced by a house fire, they're also crush proof, waterproof, non -corrosive, and time proof, all things that paper is not, allowing you to huddle your Bitcoin with peace of mind for the long haul. Stamp your seed on stamp seed. Alright guys, I literally made it easy for you guys, scan the QR code on your screen with your phone, it will take you directly to the stamp seed website, you can use promo code simply to get 15 % off anything on the stamp seed website, store your generational wealth on fucking titanium bro, titanium. Anyways, the Bitcoin price at the recording is 27 ,155, sats per dollar, 3 ,683, block height 808 ,601, blocks to halving 31 ,399, halving estimate April 21st, 2024, total lightning network capacity 4 ,829 Bitcoin, capacity value 131 million US dollars, realized monetary inflation rate, inflation 1 .75%, continuing to take fiat currencies to absolute school, market capitalization, 529 billion dollars with a B, Bitcoin versus gold market cap 4 .09%. In the grand scheme of things, Bitcoin is still a tiny little baby. Anyways, something to point out, something very interesting, which is the Bitcoin versus gold market cap. That will continue to go up if Bitcoin reaches the gold market cap, that is 500 million dollars sorry yes, 500 ,000 dollars per Bitcoin, rough estimate. So and we all know that Bitcoin is better than gold because of its physical characteristics. Again I know a lot of people that like gold in the chat and I appreciate you all and I'm a fan of gold too, gold bar like physical gold I'm a big fan of but problem is that most people don't like they don't they don't buy physical gold, they buy paper gold. That's the issue right? With Bitcoin you know it allows you to take self custody of your Bitcoin extremely easy, you know you don't have you don't have to wait for it to get physically mailed to you. If you go to El Salvador where Bitcoin is legal tender and you go to a McDonald's you know you could pay with your Bitcoin because Bitcoin has a bunch of decimal places you know it's divisible it's goes through the internet if you use lightning network it's instantaneous you know the main chain writes roughly 10 minutes settlement but you'll still see the transaction immediately.
Crypto Curious
A highlight from 96 - Token2049 Highlights, Binance's SEC Showdown, Yuga Labs Update & Friend.tech on roids!!
"One of the big questions is - What is money? For practical purposes, it exists in a series of heterogeneous databases, very different databases. Do you believe in crypto? Digital currency may be an answer, but it is a highly respectable disaster. I'd go on Bitcoin. There is no second best. Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go -to source for all things cryptocurrency. Whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week, we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus, we'll share quick bites of news and insights that you won't want to miss. If you're new to crypto, we recommend starting in our early episodes, where we break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever -evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll give you a complete rundown on the token 2049 event that Blake and I attended in Singapore last week. Sneak peek, it was pretty amazing. Then we'll get into a number of big stories over the past few weeks, including Yuga Labs producing a movie, Binance are in hot water again, the Friend Tech field day, and we can't miss out on more FTX shenanigans. So stay tuned. My name's Tracey, and I'm joined by my pals, Blake and Craig, as we catch up on the crypto news. Hey guys, how are you going? Very well, Trace. Back in the swing of things this week. How are you? Yeah, good. After a week off. Did you miss us, Craig? Yeah, sure. No. That convincing. was I got an extreme FOMO from the group chat photos that you were sending and the talks that you guys went to that looked like a lot of fun, and I wish I went, but maybe next year. Yeah, definitely. Definitely next year. Maybe we should just dive straight in then and talk all about the token 2049 conference, which is the largest annual digital asset events in Asia and Europe. And this year it was bringing together the leading voices and the most sensational projects in Web3. And we did. We had an awesome time. Singapore is amazing. It was my first trip to Singapore. And Blake, give us your initial impressions and what you loved about the event. Yeah, so this is probably the biggest crypto conference in Asia, really. And I think about 10 ,000 people came to the main event itself, but then there were also about 400 side events, more than you could pick, or even too many, too many, really. And really, I think it's an industry focused event. You know, there weren't that many retail investors coming along. Tickets were priced accordingly. And yeah, it was an incredible event. They brought the who's who of the crypto industry to speak, talk about where the other projects are at and what the future looks like, the state of regulation and where we are in the market cycle. And it was fascinating to be there learning and hearing about how everyone else in the industry is thinking. And there was certainly no indication of us being in a bear market. My God, no, it was money, wasn't it? It was out of control. You know, the big exchanges were, were splashing cash around. The Formula One was on at the same time. So lots of people added a bit of excitement, didn't it? Yeah, we're coming over for that. And yeah, we could probably, you know, maybe give us your high level thoughts, Trace, and then we can get into a couple of the interesting things that we learned. Yeah, look, I think it was a really vibrant atmosphere. There were some excellent speakers. I was impressed with the setup. And the event ran really smoothly trying to get 10 ,000 people in over two days. You know, you'd expect a few hiccups, but there wasn't. I thought it was pretty, it was pretty well done. You know, there was a real big emphasis on, on building. And like you said, you certainly didn't feel like you were in a bear market at all. There was just money being splashed everywhere. Lots of giveaways, you know, certainly went trying to get a bit of merch to make Craig feel jealous. Definitely got a few to pop into the chat. What about the talks, guys? Like, which one was your most impressive project, most impressive person that you saw? Yeah, there's a couple that really stood out for me. Firstly, there was a talk on stablecoins, looking at the data and the adoption rate. What was really interesting is that you're even through this bear market, the stablecoin adoption rate has is increasing as you know, the crypto prices go down and less activity happens on chain and on exchanges. And this is really pointing towards the utility of stablecoins and what they're going to mean for the future. And importantly, what was recognised in that talk was that in the US, US -based stablecoins are being used less and less and offshore and algorithmic stablecoins are being used more and more. And this is really because of the regulatory pressure in the US market. People don't want to interact with US businesses, essentially. And, you know, probably the second most interesting talk that I saw was, you know, the founders Yeah, that was my favourite. Yeah, that was interesting. I didn't think I'd love it as much as I did. But I think me and you both sat there and was like, this is really interesting. Yeah, we had the founder of Polygon, the founder of Arbitrum and the founder of ZK Sync. You can see that the ZK Sync group, probably the most technologically advanced and that's a scaling solution that uses zero knowledge protocols on top of Ethereum. And yeah, definitely the most advanced, you know, scaling solution on top of Ethereum. Secondly, your Arbitrum is very focused on research and creating a really great product that anybody could use. And of course, Polygon's focus is on business development and getting adoption from web two companies. So coming at it from three very different angles there, but all for the same purpose of increasing adoption and scalability of the layer ones. I really like that layer two talk, but much like a music festival, you had to pick who you wanted to see because they're all overlapping. There was, you know, there was a main stage upstairs, another one downstairs. There's a few different talks. I ended up stumbling into the Neo founder, do his chat, which was really interesting. I quite liked that one. And for everyone's information, Neo is a layer one blockchain that was founded in China, very much focused on, you know, being an Eastern kind of competitor to Ethereum or so on. You guys remember the Chinese Ethereum narrative and it pumped Neo like 200X? Been around for a long time. Yeah. So you just kind of, but there was a lot of stans, a lot of people, you know, shilling a lot of different things and, you know, you could kind of get lost there for a while. There was a strong push for mainstream adoption through Web3 and gaming. And I think that was on a lot of panel discussions and a lot of side events were also pushing that. I know Animoca Brands had a lot of big events as well. So I think that was a big focus also. I think we didn't get to see him, but Robbie from Immutable was over there speaking as well. Now, was there one project that you didn't hear of that sort of came across a token at the conference? Like, was there a project that you put into your watch list? Not really. Just the big dogs just reinforcing there. Yeah. Just talking about where the innovation is moving, you know. And one thing that really stood out to me is that, you know, the regulation conversation just isn't that prominent in Asia because the regulation in Asia, the regulation in Asia, there's no issues. And, you know, I think that we can easily have a US -centric point of view sometimes. But in Asia, they're ready to do business there. You know, there's lots of investment happening. There's lots of deals happening. There's lots of growth happening. And some of those stories we'll talk about in today's episode. All in all, the event was memorable one for us and worth attending for our team. And it really did reinforce, you know, our love for the industry and just how far we have all come. And so if anyone's referenced token 2049, the next event will happen in Dubai in early 2024, in April, I believe. So you can check that one out. In April? That's only like six months away. I know. I did say to Blake that I thought that was quite soon. I think they have multiple events. You know, they have them in different regions. There you go. Well, I'll go to that one for the crypto curious community. I'll fly the flag. Cheers. Now, folks, we're going to mix it up a little bit this week, and we're going to cut out our short, sharp news bites at the end, and we're going to go to a few biggest stories because, as you know, we missed our show last week. So we're going to cover off a few biggest stories, starting with Franklin Templeton, a large asset manager who has joined the race for the holy grail, the Spot Bitcoin ETF. As we've previously reported, the aim of many of these leading institutions applying for ETF is to attract large institutional investors, which could potentially bring trillions of dollars into the crypto industry. So Franklin Templeton's ETF will be based on a mix of crypto exchange Bitcoin prices to deter price manipulation. So just another big boy entering the space and solidifying the general thesis that it is inevitable that this Bitcoin Spot ETF will happen. There you go, boys. What else are we going to catch on that's happened in the last few weeks, Craig? Yeah. So last week Vitalik, the Ethereum founder, he had his Twitter or X account hacked, and he shared a malicious link, and it actually led to just under $700 ,000 that was drained from people's wallet. So it was just a scam. People connected their wallet, got drained. But it was coming from his official Twitter. Right. Okay. This was due to a SimSwap attack. Right. These big dogs, even they get hacked. So stay on it. Stay safe, everybody. Yeah, we had that story a couple of weeks ago where your people's private keys were being stolen from their password manager, which had a vulnerability. So even when you're doing best practice activities, you know, sometimes you're still not safe. Can't trust anything. All right. Next up, we have a story that came out on the 13th of September. So received FTX approval from the US bankruptcy court to sell and hedge its crypto holdings valued at $3 .4 billion. That's a lot of bloody crypto. This is when everyone was freaking out about where they were going to drop their salon. Yep. Yeah. So we talked about Galaxy Digital was engaged to help, which is a big crypto focused asset manager to help the liquidators or the administrators sell down these assets. So what they have is $1 .16 billion worth of Solana and they have $560 million in Bitcoin and the rest in other tokens. So, you know, this is a little bit concerning. I think the Bitcoin market could probably absorb, you know, the sell down of $560 million of Bitcoin over, you know, a period of time. But what's the market cap, Craig, of Solana? Well, Solana is still, you know, in the billions. Let me just fact check. They can't sell all the Solana at once or it's going to be $9 .2 million of Solana released for them to sell every month, which I think is fine. So not all the Solana will be dumped in the market, but they have an $8 billion market cap. Yeah. And Solana did take a bit of a dump. I think it dumped around 5 % off this news. It's about 20 % of 15 to 20 % of Solana's market cap. But if they're smart, they're going to do this strategically over time anyway. Yeah, well, the three biggest holdings are Solana, Bitcoin and Ethereum. And then the other ones I've got is APT, Updos, Doge, Tron, Matic, Ripple and BNB. Very minuscule amount of BNB. So, yeah, this caused a bit of a shakeout, didn't it guys? Yeah. But, you know, I'm sure that they'll work on a strategy to release those tokens back into the market over time. I will potentially suppress price, but, you know, hopefully not for too long. Next one. This has happened over the last four or five days. The SEC has gone after the Stoner Cats project. I remember this one from a few years ago and mainly for its connection with Mila Kunis and Ashton Kutcher because it was, you could buy the rights to, it was a TV show, a cartoon Stoner Cats show. I think they only produced a couple of episodes and Mila and Ashton were the voices of the Cats. I think Jane Fonda was also one of the voices. So the SEC has charged a project for conducting an unregistered NFT offering that raised $8 million and one of the arguments the SEC used was that the entire, the entity promoted the potential for its NFT prices to increase in the secondary market, similar to all NFTs. So Stoner Cats agreed to pay a $1 million penalty and to destroy all NFTs in its possession, but they did not have to admit that it was guilty of the charges. So setting precedent there, so I'm not sure if that was the best way to go for them. And the SEC, you know, are really going for different projects at the moment. This wasn't the first one in recent weeks. So one to watch here, I know Elliot from our marketing team, who you guys see sometimes on our Instagram page, sent an article around talking about the SEC going after NFT projects and Guy from the Coin Bureau also made a big statement about it recently that he's slightly concerned. What are your thoughts, Blake? Well, I think there's a big lesson here. Don't sell cryptographic assets to Americans. Stay the hell away and you'll be fine.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and we'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto Banter
A highlight from "DO NOT Buy Bitcoin Now! Here's WHY..." | Gareth Soloway
"I'm back and we're one day before the FOMC Bitcoin still at 27 ,175 now Gareth says Gareth Soloway He says that Bitcoin can get back to $30 ,000 But then he also says that even though Bitcoin can get back to 30 ,000. He wouldn't actually buy it. Listen to this Now interestingly enough, let's talk about how high can price rally right? So, I mean, let's let's talk about it So if you're someone who's saying wow, do I buy Bitcoin now? Honestly the answer is no now But he does think you can go back to to $30 ,000 So listen, what we're gonna do is we're gonna get Gareth on the show a bit later on He's gonna talk to us about what he meant when he said he thinks Bitcoin can go back to 30 ,000 level But he wouldn't actually be buying Bitcoin right now and that's ahead of the FOMC now. Remember it's a big FOMC why because we haven't heard from Jerome Powell since the 25th and 26th of July, so we haven't heard anything from Jerome Powell since the 25th and 26th of July and Remember that since the 21st and 26th of July we've had two very big inflation readings So the big question is what is Jerome Powell going to do tomorrow? Is he going to engineer a soft landing that is one thing that he could be doing or or or is he going to Fly the plane like that plane that got lost I think what we need to do is we need to spend some time talking about this because honestly Honestly, honestly, honestly I Mean, how can anyone? Lose an 80 million dollar plane even the Biden administration. Like how can you lose an 80 million dollar plane? No one can lose an 80 million dollar plane. Not even the Biden administration So this we've got a lot to talk about today. We're also gonna talk about finance We're gonna talk about finance in the SEC. They did go to court yesterday There was a little bit of FUD that came out of the court case yesterday Usually as you know, I don't really pay attention to the finance FUD But this time it's coming from the same people that warned me about Celsius and they were right So I took the side of Celsius and they were right So as I said, I don't usually pay attention to finance FUD because I think it's like usually just bat And I think there's too much finance FUD But I do think we need to talk about what came out of the hearing yesterday. So listen, I'm back We've got a huge show today one day before the FOMC. Let's go guys I Mean we have to laugh we have to laugh Not only did they lose a plane But then like to make matters worse they want us to help them Find the plane now. I mean, this is a true story They lost an 80 million dollar plane and they want us to help them find a plane That's the type of discussion that I usually have with James like I lost the soundboard James. Where's the soundboard? I lost it on the way to work. Anyway, we'll talk we'll talk about the plane later. There's a lot to talk about Listen guys, I'm back. I'm back in the studio. We've got a lot to discuss today Got a big show ahead of the the FOMC Also, I want to talk to a little bit about Asia I want to talk to you about Binance I want to talk to you about altcoins because we are getting bounces in the altcoins as you can see right here on the bubbles But it seems like it's stuff going up one day and down the next day Which means that there's no new capital coming in we know that and what that also means is that we're getting Asset money rotation between between one place or another and then also as a city later on gathers Garrett's coming on the show So we've got a lot to talk about we're a lot we're gonna be here together But let's talk about remember if you haven't yet subscribed the channel help us because one of the things that I realized in Singapore Was the bigger our channel the bigger the guests we can get on the channel the more attention they pay their pay to us And so when you guys subscribe to this channel when you like this content And we get the content out there and you subscribe to the channel That helps the channel grow that helps us bring more bigger guests onto the channel. That's why we need you I'll bring you the highest alpha per minute show in the world every single day and You will just like the content and then everything's fine. Everything works. It's a symbiotic relationship. Anyway, let's talk about Where we are right now Let's go to the charts what we can see when we look at the charts is that Bitcoin is above 27 ,200 one day before the FOMC meeting now, I heard rumors earlier That the reason why Bitcoin was actually rising is because the mount gox trustee may be forced to delay the distribution of the mount Bitcoin 2024 till that was actually written up by the blocks I heard the rumors much earlier today and then the block wrote something about it They're saying Bitcoin bounce may be due to mount gox delay rumors, but still targeting 22 ,000. That's a fan manager called QCP bitcoins price is largely due to rumors of delay that mount gox may drag their payments into 2024 that's actually exactly what I heard earlier today. So it could be that we may not be getting the mount gox Bitcoin hit in the market. Now you ask yourself. Why would that happen? So you very simply why would that would happen mount gox was hacked in 2014 this this this story took place in 2014 The liquidator like the FTX liquidator earns money on The longer this drags out the more the liquidator and it's almost like think about it like a lawyer Okay so the more this thing drags out the more money that the liquidator makes and it looks like the liquidator is going to continue to Pressure the side of the year now, let's go back to the charts because I want to show you something back on the chart So then if you remember but Kyle dupes said something very interesting. He said look when we get this death cross What will happen after the death crosses, but Bitcoin will go down But then Bitcoin will go up back to the price of where the death cross happened, which is twenty seven thousand seven hundred so so far Kyle's little I don't know if you want to call it a prediction is is actually playing out and playing out exactly like said Gary says we can actually go even to 30 ,000. I actually think that both of them are wrong I think that we may at some point soon this year this this month this year We will break that 30 ,000 everyone. I've been saying it for a while I don't know if you remember but I did say at the beginning of September when everybody was completely bearish about Bitcoin and everyone said oh September's gonna finish down because it finishes down every single September. I said no guys I think September's gonna finish up so far. I'm up five point five two percent So so far it feels to me like like like like I'm gonna look I'm gonna Get this but you must realize what's actually happening here James. What what's for lunch? Scacra doesn't talk but he's chewing here. I can hear the chewing going in my one ear and out and out over there Anyway, what we are seeing here is you need to look at the open interest on Bitcoin and what you realize is that the open? interest is just Completely tracking the price which means that price goes up open interest goes up price goes down open interest goes down That's what's going on here, which means it's just short term Ups and downs so to speak that are happening in the market and it's not real volume or real buying coming in So we still I'm still not convinced that this is the pump that's gonna take us over 30 ,000 But I am convinced that bitcoins gonna go north of 30 ,000 end of September Maybe even early October and I think shaldino shares the same the same sentiment as me because he's just opening lungs and lungs and Lungs and you should I think today you opened another long on the show. Did you guys did you guys watch Sheldon show today? scarecrows Scarecrows don't talk but the children open along yes or no scarecrows He opened us a line along. Okay, so say he did open a lot the guys got big big big kahunas I think the same thing was happening with alts when I look at the alt coins It looks like we're just getting a shift from one old coin to another old coin So yesterday roll, but was up today roll, but is down yesterday rune was up today rune is down and that's exactly what's happening There's no big moves. Let's just quickly check on the one hour time frame. No big moves. No big moves in all coins it's basically just a rotation of Many the good thing is that the fundamentals of Bitcoin and I said I don't say this likely but the fundamentals of Bitcoin have actually Never ever ever been stronger and what I mean when I say the fundamentals of Bitcoin have never been stronger So there's two parts of the fundamentals. The one part of the fundamental is the research So what does the research say? What are the fundamentals behind it? The other part of the fundamentals is something that is unique to Bitcoin and unique this asset class Which is the on -chain data because if you look at other asset classes, they don't really have on -chain data Bitcoin has on -chain data So, you know like when we say fundamentals we can actually just go to the chain and we can just say look Well, what is it? What does the chain say? What is the the data on chain say and here this is where it gets a little Bit exciting so it gets very exciting. The first thing is long -term The supply held by long -term holders up to the highest that it's ever been so you can see the percentage Supply that is held by long -term holds the Bitcoin never ever ever been higher that is Also evident here where you can see that 80 % of all Bitcoin have not moved in the last six months so what we're seeing here is long -term holders keep growing and then when they lot they hold they They hold for forever because it hasn't moved for more than six months What we also see is we see the short -term holders have been capitulated. They're out of the market. We don't see them anymore They were here. They they were good tourists and then we said bye -bye and they were just sending their money back to exchanges When I look at the unchain The unchain data right now and I said I don't say this lightly the unchain data right now looks the most positive that's ever been because the coins are sitting with the people who ain't gonna sell the Coins and when I say anchor solid coins, they holding the coins for for six months plus The sentiment is also very good. And I saw this tweet by Chris Paniski and he He shares the same sentiment that I shared in Asia He was struck by how incredible and what the buzz is that happened in a token 2049. You can see his his These guys are killing my ears Thanks guys. Thanks for thanks for destroying my eardrums. I used to have eardrums now they're gone Anyway, that's his version of what happened at token 2049, but he's been around for a while He says contrasting token 25 20 49 to the first bear market conference. I went to inside Bitcoin in April 2015 the worlds are completely different and that's true because Even though from a pricing point of view, we're in a bear market I'm gonna show you something very very very interesting about where we are in the market The other thing that's happening now, which we haven't seen in Bitcoin for for for a long time Since I got into Bitcoin people have been promising me that the institutions are coming into Bitcoin. It's always been the narrative It's like look we've got to prepare ourselves got to prepare us off Because you know what the institutions are coming in when the institutions come in The price of it coins gonna go to the moon and every time the institutions never came in They launched a Bitcoin futures and bang the the price collapsed So I've always been hearing since I got you That the institutions are coming into Bitcoin when the institutions come into Bitcoin They're gonna bring all the money with him But it's been this letdown because it like as much as I've been hearing about it The institutions just haven't come but they just didn't arrive now the institutions are undoubtedly undoubtedly undoubtedly here So we have got Citibank. They are now Unveiling their own Separate blockchain which is going to which which they're going to start piloting you got this is old news But you got the LSE looking to tokenize assets in the line the stock exchange As your as you will recall if you saw my video about token 2049 in Singapore I thought hey said big bull market he predicts and if you go watch that video see what he said But he basically how he breaks down why the bull market is gonna happen in 2024 he also breaks down that AI is gonna be the narrative that's gonna lead it and then he says, okay Well, then you need to you need to be buying file coin Then a German banking giant will be able to hold a number of crypto currencies for its clients So you can see what's going on here. You can see exactly what's going on Yeah, this industry is becoming more and more institutional Deutsche Bank one step closer to launching a digital asset custody service You've got Japanese banking giant Nomura launching a Bitcoin adoption fund for institutional investors You see what's going on here the institutionals the institutions are here are finally actually getting here but we are in a very very very unique time now because this is What Michael Saylor described when I interviewed Michael Saylor last time you'll remember it if you watch the Michael Saylor discussion This is what he said about where we are now about the unique time that we are now in In the cycle able to pick up the phone and call your broker and buy 50 million dollars worth of it Right. So we're at that stage where we know it's coming but We really haven't plugged Wall Street into the asset yet We're in this in between period which in my opinion is the best time to be it's like, you know the future No one else can act on it. If you if you have a crypto account with a crypto Exchange to buy Bitcoin right now So so you hear what he's saying he's saying if you we know they're coming they just it's like it's like it's like this Imagine a concert, you know, the concerts gonna start everyone's waiting at the door, but the gates aren't open yet You know when the gates open everyone's gonna come in and go to the car the concert you have the inside information But they can't act because the doors are still closed. That is where we are. Now. The institutions are coming in this morning I saw that blockchain capital Which is one of the original og funds in crypto, these are like, you know, these are two brothers original og og og funds in crypto raised 400 and say five hundred and eighty million dollars for two new funds now if you read where did they get their money from? most of the firm's limited partners are traditional institutional investors including University endowments So they've got five hundred and eighty dollars from all of these sovereign wealth funds and guys I mean if you were here in 2017 and you were here in 2018 and you were here in 2019 and notice it you look You know in next year or in two years time you're gonna get five hundred and eighty million dollars Given to two brothers in the United States Who have got a good track record and the money's gonna be given to them by institutional university By university endowment private foundations the writing's all over the world. All you have to do is You just have to Act because it's inevitable. It's completely completely completely inevitable And I know like a lot of you may may be sitting here and going yeah But you're not crypto is full of scams and you know, you know We spoke about keeping our customers happy and how every time we get the big names in crypto coming into our into our industry We destroy them, etc, etc You need to remember that every single technology goes through the cycle and I want to read you something which I saw earlier today which made me smile and and again affirm that I was in the right direction so Visa seemed like a disaster when it was first launched the kind of people who attack new things would have been all over it from From the Wikipedia article it says listen to it says they're talking about visa However, the program was riddled with problems as Williams who had never worked in a bank's loan department had been too earnest and trusting in His belief in the basic goodness of the bank's customers and he resigned in December 1959 22 % of the accounts were delinquent not the 4 % expected the police departments around the state were confronted by numerous incidents of of a brand new crime called credit card fraud Both politicians and journalists joined the general uproar against Bank of America and its new fangled credit card Especially when it was pointed out that the card holder agreement held customers liable for all charges even those resulting from fraud Bank of America officially lost eight point eight million dollars in on on the launch of Bank of America card But when the full cost of advertising and overheads were included the bank actually lost around 20 million dollars I mean if you change the word credit card there and you replaced it with the word blockchain you'd say hell them This is exactly what's going on here.
Tech Path Crypto
A highlight from 1256. $300 Billion Coming To Bitcoin ETF w/Mark Yusko
"All right, so welcome in today. We're going to be diving into topics around ETFs and also what is happening with the SEC in terms of their enforcement actions and some of the things they've been doing that could be causing a slowdown in innovation for blockchain. We'll break into all this good stuff today. I think you'll like it. My name is Paul Baron. Welcome back in to Tech Path. Joining me today is a regular guest, one that I think you guys all love, and that is Mr. Marc Usko coming in from Morgan Creek Capital. Great to have you on the show today. No, great to be with you, Paul, as always, and happy Friday. It's going to be a good one, Marc. Let's first of all get into a few things. I want to lead off the show with a tweet from James Seyfert, who is one of the Bloomberg analysts on ETFs. He does a really good breakdown. He's been on our show before. There's some dates to watch here. We've got middle of October, next major days to watch. October 16th with Global, and then also October 7th. And then you've got all these scenarios playing out right here with iShares, which of course is BlackRock. I'll zoom in on that a little bit so you guys can see it. Second deadline coming up on 10 -17, and then a slew right there on that same day. First of all, I want to get your opinion on, do you think that this October is when the SEC might actually give us an early Christmas present? Or are you just going to get pushed again? No, look, I'm 50 -50 at this point. So I do think more tricks than treats for anyone who's 10 -17 date. So any decision before that date, I think is a negative decision. I'm not sure it'll be an outright denial, but will definitely be an extension and a push. And then we come to the big dog. I believe, and I've said multiple times, that BlackRock will be the first one. I've actually been saying that for over a year. I actually might even go stronger and say, oh, that'll never happen. That would be too much corruption. Well, I'm just saying it's certainly possible. What's probably more likely is BlackRock first, and then a gap, and then some number of others. But the thing is, whoever's first is going to get the vast majority of assets. Vast majority. Well, first mover is always going to be taking. I mean, that's just like the gold ETF, kind of the same kind of scenario. Yeah. The gold ETF is an example with GLD. You had the Bitcoin futures ETF with Bitto getting 98 % and then a couple others getting like 1 % each. So that's just my belief. And I believe it's who you know in this game, not what you know. There are a lot of people who have should gotten approved. The Winklevoss twins were the first to apply. They should have gotten approved. There was no reason not to approve it other than, again, kind of the way the game is played and the people in charge want to be in charge. So any new disruptive players I think are unlikely. Cathie Wood partnered with one of our companies, portfolio Amun, to do 21 shares. That looked like a great application ding pushed out. I think Bitwise is a day ahead of iShares on 10 .16 as much as I would love it. Again, portfolio company, full disclosure. I would love for them to get approved. I just don't think it's going to happen. Again, I don't think it'll be denied. I just think they'll be pushed. And here's why I'm 50 -50, Paul, to answer the question. I think they could approve on the 17th, but I don't think they will. I think they'll push it into next year. So you push 90 days. That gets you into January. January 15th. Yeah. You could push again then into March, April. But that's it. Then you have to approve. Now, what's interesting is we have this little thing called the halving coming up in mid -April of 24. And so it would be an interesting alignment of stars. But I said, could they pull the trigger on BlackRock in a month? Yeah, they could. Yeah. All right. Well, with that and to your point, the third deadline, just so everybody can put it on your calendar out there, you've got January 15th for BlackRock and then moving in all the way into March, what we're going to discuss there. March would be an interesting timing. I think you're right, because obviously the halving right there on the cusp of that, along with maybe a little bit of lightening the load in terms of inflation, because I feel like we're going to continue to see some inflation hits through the end of the year. What is your thought on how the inflation numbers came in this week and how the Fed might react? I don't think the Fed cares about gasoline prices, quite honestly, Paul. All this little blip is gasoline prices, all of it. I think most of the other components were actually negative. And the gasoline prices are because Saudi has decided to go a different direction. We had a very hunky dory relationship with Saudi from 1973 till now. And that's clearly over, right? The big guy went over to Saudi right before the election last year and tried to get them to pump more to get oil prices down and gasoline prices down, because there's this inverse correlation between presidential popularity and gas prices. And they basically said pound sand. And so he came down, he came in and said, well, this is a convenient decision to get gasoline prices down. Guess what happened? Democrats did pretty well in the election. And because there's no way out for that now, though. I mean, there's no way. Now we have an empty SPR. And the thing is, we can't fill it up ourselves because, and again, not to get too technical, but there's, there's light sweet crude, which we produce and a number of other places, Nigeria and others produce. And then there's heavy sour crude, more sulfur content, because we cut this deal with the Saudis in the seventies, we built all of our refining inventory infrastructure, sorry, around processing heavy sour. Yeah. Well, here's the problem. If now Saudi is going to sell their heavy sour to China and Russia and other places, and we're not going to get as much of it, what are we going to do? Well, we've got to build new refineries or retrofit the refiner. It turns out no one wants a new refinery in their backyard. Yeah. I think I'm right. It's been like 30 years since we built a refinery. It turns out they spit out, you know, pollutants and things like that. So nobody really wants one around. We all like driving cars by the way. And and living our lives and, you know, Oh, well, you know, we can, we can stop using oil. No, we can't. Nothing you do every, I mean, everything you do every day, the vast majority of it is powered by oil and gas, the vast majority. And yeah, you say you could get an electric car, but where'd the steel in that car come from? Did they make a little electricity? No. How about the plastics? Nope. Oil. So it's just, it's kind of comical when I hear we're going to, you know, outlaw fossil fuels, but back to the inflation number I think this might not be temporary in the sense that Saudi announced, they're going to do a voluntary cut. Why? Cause they're just sticking the knife in a little bit deeper because they're like, all right guys, you said you were going to refill the SPR. You didn't do it. Oil prices were all the way down in the sixties. Could have easily done it for sure. Now oil prices are in the nineties. Yeah. We're going to hit a hundred bucks a barrel for sure. How does this, okay. So when you look at that Mark and you look at an election year coming in, you've got all this pressure from the macro side, including most likely jobs market getting a lot stiffer. Companies starting to really get some pressure on. We had bankruptcies at the highest point ever. We've had a very long period of time for independent companies. This does not look like a rosy picture. Where do you think we come out of this in relationship to the timing of the havening, a Bitcoin ETF, maybe into next summer? How far into 2024 do you think this happens? So I believe the ETF will be approved sometime around year end, whether it's in early January or December, sometime in that timeframe. And I think that will pave the way for a very large influx of capital. I know you've had Eric on the show about Eunice and he does this great work, right? I mean, there's 30 trillion with a T 30 trillion. Remember 1 trillion is a dollar every second for 31 ,710 years, but 30 trillion is going to come into, or that's the total amount of money managed by RIAAs and others that is not allowed at this point for whatever silly reason to own Bitcoin. And they can't own GBTC and they can't own Bitcoin miners and they've called a timeout. Well, once there's an ETF, particularly if it's an ETF that BlackRock runs, there are going to be no excuse and they're all going to have to approve it. Their clients have been asking for it. I would say I have a family harmony account at UBS. They let me buy what I want to buy. And they're like, no. So I think all that goes away. And I think Eric's number is, let's say one 10th of 1 % comes in. That's 30 billion. Well, but wait, 30 billion on 500 billion. That's not that much. Well, no, it's not 500 billion. 400 billion of the 500 billion of Bitcoin's market cap doesn't really trade. It's either locked up like the Satoshi wallet or the Winklevoss wallet or, you know, hodlers that just said, you know, take it out of my cold, dead hands. It's only about a hundred billion that is the free float to borrow a TradFi term. And so 30 billion on 100, that will move the price. But I don't think it's going to be 10 basis points. I think it's 1%. I think you have to do 1%. As a fiduciary, if you got, you know, 50 % in equities at some of the highest valuations in history, and you got another 30 % in bonds, which have had the first two negative years in the history of the bond market, 140 years of history, two negative years, looking pretty ugly. And you got this asset that is the best performing asset again, 11 of the 14 years that Bitcoin has been alive. It's been the best performing asset of all assets. It's the best performing asset then this year. Yeah. Eric hit on his prediction about 150 billion in terms of market impact. Do you like that number or do you think that he's still like it? Well, again, I think 150 billion would be half a percent, right? Instead of 10 basis points. And it looks like he's updated his, his thoughts. I'll go further and say 1 % seems more likely that'd be 300 billion, 300 billion on a hundred billion of free float price goes up a lot, a lot, a lot. And here's the, the interesting thing, Paul, is the way halvings work is the fair value increases. So we've got a tailwind that the fair value today based on Metcalfe's law model that Tim Peterson runs and that I think is fantastic, says that the fair value is somewhere in the low fifties, 52, 53, let's just call it 50. So at the halving, fair value doubles. What do you mean, Mark? What are you talking about? Well, think about it. The miners who secure the network, their costs are fixed, mining machines and electricity. So if their block rewards, the number of rewards that they're paid to secure the network gets cut in half and the price doesn't move, then they're out of business. So there's a built in mechanism to move the price higher, which is actually really interesting because that attracts attention because there's movement. And so long story short, fair value, every halving added has a zero. So we went from a hundred to a thousand, then we went from a thousand to 10 ,000. Now we go from 10 ,000 to a hundred thousand. So a fair value is a hundred thousand and we're trading at 26. It's a pretty rapid increase to fair value, I think, as investors buy things that are below fair value. But then what happens in the post fall halving, you get this parabolic blow off top. And in the previous cycle, fair value was around 30K. We got all the way to 69. That was because there was too much leverage and too much gambling and speculating. I don't think we go 2X this time or two and a half X this time. Could we get one and a half X? Sure. That gives about 150K, something like that. Yeah. Well, that is OK. So that's very intriguing. If you're if you're estimating this could be in the 300 billion dollar area, you know, for based on, you know, just the exposure to these funds and obviously how that might play out. How do you think retail response to this? Do you think retail is going to come in like a banshee coming in on this with a lot of now what would be legitimized ETFs? How do you think they play? Again, it's I've been saying this for five years. My hashtag get off zero zero is the wrong number, right? This is a truly unique diversifying asset that must be in everyone's portfolio. Doesn't have to be your whole portfolio. I never said that. It should be at least one percent.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-17-2023 13:00
"Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances. Rates subject to change. Visit ibkr .com slash interest rates to learn more. This is Master's in Business on Bloomberg Radio. I'm Barry Ritholtz. Stay with us for today's top stories and global business headlines. They're coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is a Bloomberg Money Minute. Amid a pop in inflation, online prices are continuing a steady decline. They've fallen for 12 straight months and in August they fell by the most since April 2020. Alex Tenzi wrote the story for Bloomberg News and he says the price of goods sold online fell 3 .2 % in August from a year ago. There's a lot of excess inventory out there and competition is fierce for sales. Also helping lower prices and improvement in supply chains. There's no longer these delays at the ports. So all these companies are trying to move the product. So the best way to do that is to lower the price. The latest numbers come from software company Adobe which says there is progress on supermarket inflation. Year over year, food prices are still up 5%. That said, prices fell in August, month over month. Appliance prices were down 7 .3 % while computers were down 14 .2%. I'm Charlie Pellet, Bloomberg Radio. This is the story of a very special woman. Just a few knew about her superpowers. In a matter of seconds, she turned herself into a great mathematician. She masqueraded as a regular person at work but as a superhero at home. Everyone knows her as Gabriella.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1403: This Will Send Bitcoin to $1,000,000 - Max Keiser
"In today's show, I'll be breaking down the latest technical analysis, as well as breaking news just in. The former SEC and Federal Reserve Bank of New York, Norman Reed, announced as the new CEO of Binance US? Like, what? Serious? We'll also be discussing the latest from Max Kaiser, who recently shared, we helped boost El Salvador's bonds 90 % this year. We can help Javier Malay escape the IMF, central banking terrorist, and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. Let's go. He also says that President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy and universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukelenomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. Can't freaking wait. Also breaking news, Mark Cuban loses $870 ,000 worth of Ethereum in his MetaMask hot wallet with a hack. Rough. Also in today's show, Gemini legal team accuses DCG, the digital currency group of gaslighting Genesis creditors. We'll also be discussing BitGo and Swan unveil plans for a Bitcoin -only trust company. That's right, the trust company will target institutional investors in the United States as asset managers line up for the Bitcoin spot ETF. Send it. We'll also be discussing Bitcoin price all -time high will precede the 2024 halving according to this latest prediction by Bitcoin. Quitting him here, no, Bitcoin is not going to top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per Bitcoin. I'll also be sharing the latest predictions from Max Keiser with the Bitcoin price action I recently transcribed his most recent interviews. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1403. I'm your host JV, and it is stat stacking Saturday. So let's get it. It's September 16th. So you already know we're halfway through the September before October. So let's bring it. Let's start with our market watch. As you can see here on the screen, we're back in the green. Bitcoin up a half a percent for the day trading back above 26 ,500. We also have Ether trading above 1600. And checking out coinmarketcap .com, we're sitting just above that trillion dollar milestone with roughly 22 billion in volume in the past 24 hours. Bitcoin dominance is 48 .9%, and the Ether dominance is 18 .6%. And checking out the top 100 crypto gainers of the past 24 hours, TonCoin leading the pack up 17 .5 % trading at $2 .42, followed by ThorChain up 9 .5%, trading at $1 .91, followed by Flow up 8 .5%, trading just above 46 cents. And checking out the top 100 crypto gainers for the past week, we have a sea of green, which is a beautiful omen for the altcoin market. We have coins such as TonFlow, Rune, and Ave all pretty up between anywhere from 8 to 13%. And yeah, so there you have it. How many of you are currently bullish on the king crypto, and how many of you are anticipating a further dip? Let me know your insights. And at the end of the show, I'll be reading everyone's comments out loud as we do each and every day in the Q &A session. Now, let's dive into some technical analysis from Glassnode, one of my favorite analytics platform. The past few days have been relatively positive for the price action for the king crypto, which has been increasing since Tuesday, September 12th. At the time, Bitcoin is sitting just above 25 ,600. Now in this prediction, the co -founder of the popular crypto analytics resource, Glassnode, outlined that the US CPI jumped by 0 .6%, which led to some fluctuations of the Bitcoin price. And indeed, the core CPI, which excludes more volatile sectors such as food and energy by design, has noted a yearly increase of 4 .3%. But interestingly, the CPI itself clocked in at 3 .7%, while the estimations were for it to be 3 .6%. So initially, the news didn't really have any impact on the price, which beyond the expected initial turbulence, settled at where it was trading just before that. So here's some price predictions coming from the Glassnode co -founder. He pointed out that crypto reclaimed the support above 26 ,000 and is now eyeing a potential break beyond 27 ,000. This would help it escape a multi -week range. He went on to share, risk signals nose dive into the 60s around ,400 27 and 28 ,200. But this climb seems poised as a step before tackling the psychological barrier at $30 ,000. So there you have it. Let me know if you agree or disagree with the analysts. And are you currently more bullish or bearish on the King crypto for the short term? Please do let me know. And breaking news just came in before I went live. And I'm like, it's hard for me to even accept this, but this is what it says. Former SEC and Federal Reserve Bank of New York, Norman Reed, is announced as the new CEO of Binance US. You can't make this stuff up. Folks, what is the SEC doing? Now, Max Kaiser recently tweeted, I'm sure you know, there was a Tucker Carlson interview with the pro Bitcoin presidential candidate of Argentina, who's currently winning the polls for the presidency. And fantastic, almost 400 million views within the first day. Max went on to share, we help boost El Salvador's bonds 90 % this year. Facts. We can help Javier Malay in Argentina escape the IMF central banking terrorists and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. So the million dollar question, do you think Max Kaiser will orange pill Javier Malay? I sure hope so. He even recently tweeted here, President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy in universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukele -nomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. And quoting El Salvador's fearless leader, Bukele, old ideas and institutions crumbled and a new generation is called on to remake the world based on the human right of financial freedom. Preach. Now, Max also shared in regards to this headline, Janet Yellen says Ukraine aid is the best boost for the global economy. Now this is hilarious and also sincere at the same time. Bitcoin monetizes war and violence by being finite and uncomfortable as this ugly, what? Illustrates money monetizes war by violence by turning humans into disposable garbage central bank Ponzi scheme. Preach Max Kaiser. Greatly appreciate all the work you're doing. You're truly doing God's work. You and Stacy's a massive shout out. Now let's discuss the latest with the hack from Mark Cuban. Now this is alarming, but at the same time, it's Meta Mass. I've been telling you guys to stay away from the Meta Mass wallet for quite some time. And also they didn't hack Bitcoin. They hacked Ethereum. I personally don't trust Ethereum or Meta Mass. So interestingly enough, so to read this story, let's break this down. Check this out. Nearly $900 ,000 worth of Ethereum was reportedly drained from one of the hot wallets belonging to investor in Dallas. Mavs owner, Mark Cuban, the man that once said Bitcoin has no intrinsic value and that bananas are more valuable. Yeah, right now, independent blockchain sleuth was the first to spot the hack September 15th at around 8 PM. So that was last night after they highlighted suspicious behavior. What one of Cuban's wallets that the 65 year old had an interacted with for roughly five months as he shared here on X LMAO did Mark Cuban's wallet just get drain wallet inactive for 160 days and all of the assets just moved. And according to the transaction history on Etherscan, several batches of assets such as USD coin, USDC tether, and Lido staked Ether were suddenly withdrawn from the wallet within a 10 minute window. Now adding complexity to the matter, another 2 million worth of USDC was also withdrawn and sent to a different wallet, leading Woz to suspect that Cuban may just be moving some assets around. However, a few hours later, Cuban confirm to DL news that he had gone on metamask for the first time in months and vaguely suggested that the hacker or hackers may have been watching and waiting for the moment to pounce. Cuban added that he had transferred any remaining assets to Coinbase custody, essentially confirming that the $2 million worth of USDC transaction was indeed him. But in terms of the hack, members of the community were quick to point out that the opposed to the hackers watching Cubans activity, he must have done something that led to the security breach. Some suggested that Cuban may have mistakenly signed a malicious transaction while others asserted his private keys were compromised given that the funds were directly transferred out of his wallets. What do you guys personally think chat? Please let me know in the comments below. This is not the first time Cuban has been taken a hit on the crypto market. Back in June of 2021, Cuban Lawson unspecified amount of capital on what he called a rug pull after the algo stable project called iron finance imploded amid a supposed bank run. So there you have it. Mark Cuban has a bad track record in crypto. Just pointing out the obvious fam, how many of you guys think that it was a legitimate hack? Let me know your thoughts or how many of you think he maybe have just moved it around and don't want to claim it. Who knows? I mean, there's infinite possibilities. No one really knows, but I'll be keeping you posted with the latest developments. We all know Mark Cuban is a multi -billionaire. So obviously a $900 ,000 loss is not going to affect him. He's not going to lose any sleep over it. But what if you were to get hacked worth of $900 ,000 of crypto? So again, red alert, be very careful with wallets such as MetaMask. Just saying. Now for the latest between the digital currency group in Gemini with the ongoing saga as it continues, lawyers representing Gemini Trust have pushed back against the plan proposed by DCG for the creditors of Genesis Global in the filing yesterday, September 15th in the US Bankruptcy Court for the Southern District in New York. New York, where you at? The legal team accused DCG of gaslighting Genesis creditors through contrived, misleading and inaccurate assertions and a recovery plan. Now the plan filed in Bankruptcy Court September 13th, three days ago, claimed unsecured creditors could have a 70 to 90 % recovery with a meaningful portion of the recovery in digital currencies, while Gemini earned users would expect an approximately 95 to 110 % recovery for their claims. This seemed like a red flag when I initially read the story. I'm like, how are they going to get back 110 %? Does that make any sense? So now I'm starting to understand maybe they were gaslighting. What are your thoughts, chat? According to the legal team, DCG was attempting to bait the Gemini lenders into accepting the deal that would allow the company to pay less than it allegedly owed. Lawyers called on the firm to significantly improve the terms of the loans provided to Genesis and not use Genesis' bankruptcy proceedings to cover for justifications of the recovery plan, quoting them here, to distract the Genesis creditors from the inconvenient facts of its facially inadequate and inequitable proposal, DCG touts proposed recovery rates that are total mirage, misleading at best and deceptive at worst, said the filing yesterday, September 15th. Make no mistake, Gemini lenders will not actually receive anything close to the real value in terms of proposed recovery rates under the current agreement. In principle, so a bunch of more shenanigans, to say the least. The legal battle involved entanglements with crypto exchange Gemini and DCG over the Gemini Earn program. How many of you have lost crypto from Gemini Earn? I'm curious. Please let me know in the chat, fam. Financed in part by Genesis, Genesis halted withdrawals as we know November of 2022 in the wake of the FTX collapse, citing unprecedented market turmoil at the time and filed for bankruptcy later on in January of this year. According to the court filings by Gemini, Genesis owed more than $3 .5 billion to its top 50 creditors at the time of their Chapter 11 bankruptcy filing. The crypto exchange filed the claim in May, aimed at recovering more than $1 .1 billion worth of assets for roughly $232 ,000 Earn users and filed a lawsuit against DCG and their CEO, Barry Silber, in June alleging fraud. Barry was not the only architect and mastermind of the DCG and Genesis fraud against the creditors. He was directly and personally involved in perpetuating it, said Gemini co -founders Cameron and Tyler Winklevoss back in June. The US SEC filed a civil suit against Gemini and Genesis in January for allegedly selling unregistered securities through the Earn program. The two firms filed a motion to dismiss the case in May, but it is still ongoing at this current time. How do you think this is likely to play out? I just hope that the investors get their money back as they deserve because we all know with lawsuits, the biggest losers are always the investors. The biggest winners are the lawyers and the courts. That's just facts. So we'll see how this plays out as well. And again, they're attacking and going after all of the yield programs for crypto with Gemini Earn being a pretty large one. Why? It undermines the banks, right? If you can earn a five or 10 % yield putting your cryptocurrency on their platform, it basically tells you that why would you even waste your time with fiat currency in your bank when you're losing more than the actual appreciation of interest because the interest is virtually nothing while you're losing 20 % in inflation on an annual basis. It just makes no sense. So it seems if I had to guess, that's why they're attacking all of these yield programs. But what are your thoughts, chat? Please do let me know. I'm going to read those comments out in a little bit. Now let's discuss the latest with Bitcoin Trust. That's right, BitGo and Swan unveiled plans for their Bitcoin -only trust company. This is breaking news as well. The US may soon have a Bitcoin -only trust company according to plans disclosed by BitGo and Swan yesterday, September 15th. The joint venture is pending regulatory approval, the company said in the statement. Now I love the word joint venture because hey, JV, just saying. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of its beneficiaries. And according to Corey Clipston, CEO of Swan, the solutions intends to offer Bitcoin custody without the risk of having other altcoins under the same roof. As you know, Swan is Bitcoin -only and they're pretty much anti everything, not Bitcoin. Quoting him here, for years, we have heard from major clients, partners and other Bitcoin companies that they would prefer a Bitcoin -only software and services stack that is focused strictly on the best custody and leverages of Bitcoin's unique features. The companies are in contact with state regulators about the plans, but have yet to file regulatory approval. Clipston told Cointelegraph we're evaluating acquisition options first, he disclosed as he announced here through the Swan Bitcoin team on X. As part of our long -term vision to advance Bitcoin adoption, we're announcing a major step forward for Swan and the entire Bitcoin ecosystem. BitGo and Swan announced plans for USA's first Bitcoin -only trust company. Let's go USA. BitGo offers digital asset security and custody, supporting over 700 cryptos as per its website. And in contrast, Swan's business is fully dedicated to the king crypto, allowing users to only invest in Bitcoin via a one -time and reoccurring purchases, with custody of records held at Fortress Bank and Bakkt, while BitGo acts as a cold storage for Custodian. Now, didn't Fortress Trust just go bankrupt or get acquired by another company? Was it Ripple? You guys let me know in the chat. I know there was something major with Fortress Trust. Now, the new venture will target institutional investors such as asset managers, pension plans, and family offices, along with governments and company treasuries. It will offer cold storage, fraud prevention, anti -money laundering, and know -your -customer protocols, amongst other Bitcoin -related services. Institutional investors in the crypto space are at a fast -growing market in the US, especially as the world's largest asset managers seek regulatory approval, which includes BlackRock, the largest. For a spot Bitcoin ETF, we also have several large Wall Street players offering crypto custody solutions to institutional investors, which include the Bank of New York, Mellon, as well as Deutsche Bank, quoting them here. We believe there is a high likelihood that several ETFs are approved in 2024, and thus a new round of entrants to the Bitcoin market seeking mature, reputable, technology -proficient partners for a range of needs, explained the Swan CEO. The SEC delayed decisions on the spot Bitcoin ETF product. Analysts predict the regulatory regulator may postpone a decision until early 2024 as the deadline fast approaches, quoting them again. Our teams have worked closely together for nearly a year on stronger, qualified custody models. Early in 2023, we recognized the opportunity to establish a Bitcoin -only custodian, combining the unique capabilities of each company and supporting the innovators that will be at the forefront of pushing Bitcoin adoption, noted the CEO of BitGo. So there you have it. I am curious, by a show of hands chat, how many of you have purchased or acquired Bitcoin using Swan Bitcoin, and how many of you are familiar or ever used BitGo? Let me know in the chat. Now let's break down our next breaking story of the day, and that's the Bitcoin halving, which should be on everybody's mind, because it's only six months out, estimated to take place sometime in April of 2024. Now guess what? What if we hit a new all -time high pre -halving, because that's what this prediction suggests. Let's break this baby down, shall we? Bitcoin has a $250 ,000 target for after its next block subsidy halving, but a new all -time high will come sooner. Let me know if you guys agree. That is the latest Bitcoin prediction from BitQuant, the popular social media commentator who sees a rosy future for Bitcoin. In his latest post on X on September 15th, synonymous central banker and Bitcoiner revealed a pre -halving target of 69 ,000. That's what makes this individual interesting. He is a central banker and a Bitcoiner. I didn't even know that was a possible combination, fam, just saying, but he wrote, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. Now Bitcoin has just over six months before the halving, the event that cuts the miner rewards, as we know, per block by 50 % every four years. Analysts argue that the resulting emission restrictions have a cathartic impact on the Bitcoin price performance, acting as something of a springboard in advance of Bitcoin seeing new all -time highs. But for BitQuant, the analysts, that alone is not bullish enough. Not only will Bitcoin beat its current record set in 2021, which we all know the current all -time high is 69 ,000, before next April, it'll go on to hit $250 ,000 per Bitcoin after the next halving cycle begins. That's what he says here. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024, and yes, the target price is around 250 ,000, which is outlined right here in the chart. Let me know if you agree or disagree with this crypto analyst, BitQuant. Now, market participants are highly divided when it comes to how the Bitcoin price action will play out into the halving and beyond. Some agree that the higher levels are possible by April, but plenty of conservative voices obviously remain, especially bears, right? Last month, Bitcoin investor and author Jesse Myers dispelled any idea that Bitcoin will be trading at six figures between now and then, and in a subsequent interview, meanwhile, Philby Philby, the co -founder of Trading Suite, decent trader, gave a pre -halving Bitcoin price ceiling of 46 ,000, quoting him here, assuming no Black Swan event, around 35 ,000 by the end of the year, and possibly as high as 46 ,000, sometime pre -halving in quarter one of 2024. So there, you freaking have it. And as he shares here, I'm going to read you his particular post on X coming from Bitcoin. Again, this is the central banker slash Bitcoiner. He says, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per coin. So there you have it, fam. Again, let me know if you agree or disagree with the analysts and where do you feel the Bitcoin halving, which is around the corner, is likely to take us. As you know, the two most bullish catalysts in the market, Bitcoin halving as well as spot Bitcoin ETF. I hope they both get approved and take place. We already know for certain the halving will take place, but there's a 95 % chance of the spot ETF approval in the United States, according to top ETF analyst, Eric Balchunes of Bloomberg. Now for the moment you have all been waiting for, the latest from Max Kaiser. I recently transcribed, actually today, his most recent interview in Bitcoin price predictions, very powerful words to share. So let's break this down. So first and foremost, he says, the world is a very different place and everyone will say nobody saw it coming, but it is clearly been brewing now for many years. And it's like every single day you can just see the catastrophe inching toward the abyss. You know, it's we're at the zero line preach. He also says it is a global fiat money game and you see different countries where fiat money regimes are collapsing in real time, right? Facts. Argentina, you know, the countries like this or like Lebanon recently had a complete collapse or a central bank collapse. That's right. And inflation is definitely an indication that your fiat money regime is in dire straits and inflation is breaking out in a big way. It is not going to return to where it was before this latest inflation break inflation and the collapse of fiat money is here. Now people are feeling it right now. And the quality of life all over the world is being impacted by it and it's being impacted in the United States. You know, people can't buy a home. People can't afford food. The economy is starting to ramp back up again. So it's playing out right now. And there is nothing that can be done to stop this inflation because the economy is completely out of control. So even the interest on the debt in the United States is now over one trillion dollars. So I think it is the biggest line item on the budget, bigger than the military. What we were told for decades was, oh, you know, it's trickle down economics or what you have, what not. I mean, and he goes on to share with Bitcoin. It's kind of the end of price discovery because everything will be priced in Bitcoin preach. eventually Everything goes to zero against Bitcoin. And so for someone like myself, who has been following this for 40 years, finance markets, technology, Bitcoin is the holy grail. It is the end all. I would say my compatriot in all of this is the one and only Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way that I think carries the torch from the Max and Stacey from 2011. He started buying it, I guess, when it was 10 or 12000 a coin or so in 2020 era. So we were from 2011 to 2020. I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital. I am surprised that more companies haven't followed his lead, giving up the break in inflation we have had exactly as Michael Saylor predicted, the melting ice cube, as he called it at that time, is exactly what happened. Well, I guess we can say now we're in a new era where BlackRock and those other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is now bearing fruit. Three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. I think all of that oil money will find its way into Bitcoin and be a huge catalyst for the prices. It is a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it is something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. And a lot of people are freaking out because of it, because it destroys the status quo. And a lot of people who have been waiting for it to come along have had the faith that humanity can be saved. They see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And you cannot, how could you not be interested in it? I think the people who were into it earlier and just walked away just never got it from the beginning. Once it's characterized as an asset class, we have nothing to do except position ourselves in this asset class. Either we are going to be a small position or a big position, but we cannot ignore it. We cannot not have a position. Now check this out. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referencing the 700 trillion dollar plus total addressable market. And he continues, so if we get into the 5 to 10 % range, then you start to really see it raise ahead to the seven figure type predictions that people have been making, including myself, because Bitcoin is an asset class preach. And on the flip side, we have what we saw in the gold market, which is the ability to control the price discovery and manipulate the prices. It's real through the derivatives markets. So the price of gold has been lagging inflation for 20 years because the governments around the world don't like gold making their fiat money look bad. That's right. So they make it easy for the huge funds to manipulate the price of gold and to scalp it, to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. That's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around world that are used to keep the price of silver down because governments don't want gold to race ahead and draw capital out of their fiat money scam into gold. He's preaching. Now with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically people can take delivery of gold on these exchanges, but there has never been an organized attempt to do so. We tried to do it a few years ago with crash JP Morgan, buy gold and silver because after the 2008 financial crisis, when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this huge multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear that if this short position was not covered, the price of silver could go to 60 to $70 an ounce, and it would bankrupt JP Morgan Chase. Take that Jamie Dimon. So we started this crash JP Morgan buy silver campaign, and we got the price of silver from $15 up to $50. So we got it up to $50 level. And then the Fed of course came in, they changed the laws overnight to make it possible for these banks to have and carry a much greater short position and silver. So they printed up a lot of paper, silver derivatives, and they stopped the run on their bank. And the price of silver went back down to $15 or so. So we've seen that it is possible to force capitulation in that silver market. But at the end of the day, because the ability to pull private keys is not like it is Bitcoin, I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. Now, I mean, he is speaking facts right here. Warren Buffett and his own words has said, derivatives are financial weapons of mass destruction. The central bankers are using it to manipulate the markets. That's what they're doing with silver. That's what they're doing with gold and precious metals. And Max makes a great point. They don't want the gold and silver prices to rise up. It undermines the US dollar. They're trying to keep a strong dollar, right? So that's why gold has been pretty stable at like $2 ,000 and unable to really climb much above it. I think it's been pretty stagnant virtually for the past decade. So with the dollar inflating from them continuing to print trillions of dollars, the fact that gold isn't just continuously going up, it proves that the market is manipulated. You also got to consider as well, there is no scarce asset like Bitcoin. Bitcoin has a finite limited supply of 21 million coins. Yeah, gold may be rare or scarce, but they dump a new supply every year into the market. They can control it. They could invest more into discovering more gold. As Jack Mallers pointed out, Elon could maybe discover more gold on Mars. Who knows? Bitcoin, you can't say the same thing. Bitcoin is perfect money. It's incorruptible. It's unconfiscatable and the list goes on and on. So if you had the choice to put your wealth somewhere, what asset class would you choose to put it in? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto Banter
A highlight from These Altcoins Are In Big Trouble! (Major Token Unlocks) | *How To Profit*
"We're talking about token unlocks today very misunderstood in crypto people hear the word token unlock and they start to seize up They get all nervous tense. They think prices are going to dump but in today's video I want to explain the upcoming token unlocks that we actually have hitting the market and I want to take an analytical look a deep dive into how this could actually affect the market because I have gone through the data and Have a pretty concrete idea of how different unlocks actually end up affecting price And of course, it's going to create so many trading opportunities for you on the long side on the short side But also if you're a long -term accumulator of tokens, you know with you know, pretty steep vesting schedules this can present huge opportunities So I think it's gonna be a pretty valuable show and if you do enjoy more educational style content like this Make sure to smash the thumbs up button So I'm gonna use this week to contextualize the current state of unlocks in the market over the course of this week We have six major unlocks comprising around 80 million dollars worth of Capital that is coming onto the market ape with 11 % of their supply is the main one You've got Lido at point 2 % of their supply as a secondary one You've got Aptos as well with 2 % sweat tokens flow talk with tokens and EUL all hitting the market now There's an amazing website that I think you should be using basically every single week to keep on top of the token unlocks and it's called token app unlocks so token unlocks dot they're not sponsoring the show It's just an application that I personally use to stay on top of the unlocks And what it shows you is the unlocks as you can see in the right There's a corresponding column which shows you the date that an unlock takes place It shows you all the unlocks in the market the percentage of their supply that is dumping and where the supply is coming from Super valuable information now We're hitting a very critical inflection point when it comes to crypto unlocks because many of the tokens in the market are now Starting to mature and we typically know that when projects structure their token omics They tend to skew the more steep part of their cliffs for the mid one to two year period Of the project or the tokens existence So what we're seeing now with a lot of projects that were launching in 2020 2021 When the bull market vibes are on and there was lots of funding coming into the market a lot of those projects And now starting to hit their mid supply curve. For example, you've got dy dx with significant unlocks You've got eight coin with significant unlocks optimism with significant unlocks all these claims that are unlocking significant percentages of their supplies Tend to launch in that 2020 to 2021 period and because that was the bull market you have a lot of tokens during that period That were laying out their vesting schedules and this of course has huge ramifications for the prices of these tokens And as I said starts to create trading opportunities off the back of that So how do token unlocks actually affect price in the market? Is it an instant death sentence for a token that causes a huge dump or is there this kind of phenomenon called a bullish unlock? Which ends up meaning an unlock is fully priced into the market Well, there's data that when I looked into this actually was pretty unexpected to me That kind of gives you a good scope of what actually happens when there's a token unlock So I'm gonna read through the research here large crypto token unlocks drive price lower within two weeks research suggests So let's talk about this right now new research by analytics firm The Thai shows coins on average and they've looked through all the major unlock coins over the last few years Declined in the lead -up to the event of the actual unlock However, when the liquidity freed up represented more than 100 % of the average daily volume Prices quickly recovered only to fall deeper within two weeks following the unlock and we're going to get into this with real examples in a second So what they're saying here is that when the amount of liquidity? exceeds the amount of the average daily trading volume that you can get simply by going on coin gecko for example if we want to Work out the trading volume of ape we search up a coin and we can see here The daily trading volume is 63 million if the unlock for ape actually exceeds this amount of 63 million then they affirm that prices quickly recover But then they fall deeper within two weeks following the unlock and this firm has gone through 350 ,000 individual token on the unlocks to come up with this data Let's look at this graph and talk about what it means because I believe it's one of the biggest pieces of alpha I've found in the market honestly in the last week because unlocks are everywhere every token you're likely buying or selling has an unlock This is how crypto tokens fund themselves. They unlock onto the market They sell this enables them to generate liquidity for their treasury this enables them to to incentivize advisors market makers Etc without dumping their price by launching all at once now There are some tokens like uni what for example which have executed fair launches Which means well basically they launch all at once and then they're 100 % of their tokens are in supply This can work but for projects that are trying to bring on investors. It obviously doesn't make sense So most of the bigger projects in the market with big VC backing do have unlocks because this is how VCs are able to Recoup their initial investment without hurting the token price too much in the short term But as you'll see in a second it actually ends up hurting the price in the long term in cases where the unlock Represented more than 100 % of average daily volume as we just asserted prices tend to rebound faster But only for a brief period this could be attributed to traders feeling relieved that the unlock did not flood the market with new tokens Immediately within Nonetheless two weeks prices of tokens facing such significant unlocks fell below their initial levels at the time of the unlock this may suggest that holders preferred to wait a few days before selling into the market this essentially Debunks the bullish unlock theory. So there's this theory floating around in the market that token unlocks are bullish And yes in a bull market when liquidity is running rampant and people are you know? Ramping onto crypto and speculating into coins and money's flowing in Oftentimes unlocks are bullish because the market in general is bullish, right? But in neutral periods and bearish periods and just on average across all periods which should you know Get rid of those extremities on the highs and the extremities on the lows It does tend to negatively impact price and this is a major misconception in the market that has been like statistically debunked now Through this report that tokens actually perform worse out of unlocks I mean who would have thought right but this is what happens if this is the math that we see here So this graph which I think is just pure alpha shows the unlocks by size shows the average normalized price of a token Let's say like a dollar and ten cents and shows based on the volume Representative of the token versus the unlock size how it performs and we can see what we saw from large Tokens which are tokens where the unlock outweighs their trading volume So it's bigger than their trading volume these large tokens tend to bounce So this zero period is the amount of days post unlock they tend to bounce in price But then two weeks later start to correct and this isn't just one example as I said This is taking three hundred fifty thousand tokens and analyzing it Now the interesting thing is the small section and the aggregate section shows that smaller unlocks So unlocks all like small size that aren't outpacing, you know The average daily trading volume this tends to bottom out on the unlock date and then they tend to recover in the weeks following so What this tells us is the size of the unlock? Dictates the price action of the unlock So if an unlock is really big it tends to bounce a lot quicker because investors start feeling relieved Like think about the psychological component here But then the real weight of the selling pressure starts to impact on the market and then over the next couple weeks You start to see the real impact start to hit whereas with smaller unlocks So unlocks which don't outweigh the average daily volume It tends to actually bottom out just before and on the unlock date But you don't see that huge bounce that huge bullish unlock, you know phenomenon that we see you see a slow Grind up a slow recovery and then sometime after that, you know You may see a decline but 20 days after the event that should give us like a rough scope of how an unlock affects the market Alright, let's go practical now Let's look at some of the major unlocks in the market and let's learn how to actually make money using Token unlock so looking through the market what you should do is you should identify Tokens that you're interested in because unlocks as I said, they create opportunities in the short term They also create opportunities in the long term You can go through the list and work out which tokens you're interested in trading like you've got dy dx here You've got ape you've got optimism If you're interested in stacking these there definitely is opportunities to get in during these windows where you see these massive declines and based on The size of the unlock that is going to dictate when you actually choose to get in So a token that has a bigger unlock for example like an apron optimism You may choose to wait for a bit of a bleed and then get in get in around the 15 to 20 day mark Whereas with a smaller unlock as you can see, there are some really tiny ones like Lido is pretty small Uni is pretty small these unlocks can basically Rebound are slowly over time post unlock and make the actual unlock date or just before the unlock date where some of the bearishness is Being priced in that can be an opportunity to accumulate So the token unlocks app does an amazing job of actually doing full reports on all coins So I want to give you a bit of alpha here If you go onto the website and you click on the insights tab now some are paid But some are free if you click on the insights tab, you can scroll down and actually view Individual token unlock reports and this is alpha especially if you're interested in Accumulating any of these tokens or trading any of these tokens It gives you like a great summary of what they anticipate is going to happen with price based on previous prices For example on the ape coin unlock here You can see that in March they did a hundred and thirty four point eight million dollar unlock in September They have an equal unlock and then in April through to August. It was a much smaller unlock So when you're analyzing the ape coin Price performance you wouldn't want to compare this week's unlock with an April unlock because it's just so much bigger, right? It makes more sense to compare the September unlock with the March unlock So what you can do is you can scroll down and you can see well if we go back to March How did price actually react to the unlock? Well, it had a small pump in and then it bled then it had a rally and then it bled again So you can start to look at what the previous unlocks of similar size actually did in the market And the ape coin unlocks do line up with this phenomenon that we're seeing from the token research here You can see we get pumps into the unlock then it bleeds And then we see that rally into the next unlock and this happened basically every unlock We saw the pump then it bleeds and then it pumps again. So we know what the phenomenon is Assuming that the unlock was big which I know it was for ape versus its trading volume We know that they they actually pump into the unlock and then their big dump happens over the next couple months We can see this exhibited multiple times on the ape coin chart here. So that's why this token unlock section is so powerful So if you do want to trade like any old coin, of course and take advantage of the strategy I want to give you a reminder that if you're looking for a Dex look no further than G trade a Decentralized permissionless protocol that allows you to trade and they also have a function one -click trading So literally trade with one click on a variety of trading pairs. So all coins Bitcoin Ethereum commodities They Forex have as well So if you want to trade anything on a Dex and of course keep self custody of your own assets Which is so important in crypto and still get the benefit of being able to use leverage and set a stop -loss and take profit Of course and set limit orders short long, whatever you want to do. Um, you can do so on G trade across polygon or arbitrum There's a link in the description to check it out thought I would mention that because yeah A lot of these tokens that I'm discussing today's video They are available on Dex's like G trade to actually trade if you're taking more of the short -term angle now I want to take more of the long -term angle and look at how can you take advantage of unlocks if you're bullish on a token? So let's say you you scroll through the list. You're bullish on Optimism you're bullish on sui and you want to accumulate long -term. How can you use these events to position yourself? Long -term and get better entry opportunities for your long -term portfolio So for investors typically the weeks following a big unlock are a great place to buy the tokens if you're bullish on the long -term prospects of the token Especially if you do see that phenomenon where it sells for two to three weeks after the unlock Especially in a bearish environment like this all coins a lot of them versus their PTC pairs are bleeding Bitcoin is a little bit shaky. The market is relatively apathetic So these unlocks are starting to affect the market more in these conditions So the effects of unlocks are always based on the market conditions in which the unlocks take place and in this market You will see some of these sell -offs that we've been discussing be slightly more severe And because of this these can give you great buying opportunities So I recommend scroll through the list look at if there's a token with a big unlock and start to just pinpoint the dates on Your trading view so you can literally go on to trading view. Let's say, you know, we want to Set a date for optimism. What you can do is click on your trading list You can search up optimism and you can start putting in these Vertical lines which indicate when the next major unlock is happening So if we go on to token unlocks we scroll down We see optimism has a major unlock in 17 days on the 30th of September We can map out the 30th of September on our chart by using one of these vertical lines as we can see here Okay we put it in on the 30th and now we have a red line which shows us when the unlock happens and What you can do is you can kind of track where the price starts to falter In the two to three week period following this unlock that would then be potentially a decent zone for you to buy if you can map confluence with your Horizontal levels and you can do this for any altcoin so if you do see let's say the token price do what happens with these big unlocks typically and Pump afterwards and then start to bleed then you can look to accumulate in this period here if you get good Horizontal confluence so that is one strategy that you can use faults that is more from an investor standpoint If you want to short you can definitely take advantage of shorting these pumps if they happen post unlock and you can also map that Out with your confluence So let's say it pumps into this area and you're seeing like a major resistance in this zone and then it starts to come under You get a bearish underside retest and then it starts to roll over Well, this could be your short entry on the retest to get in such as one example Like very basic of how you can use this but token unlocks from an investor and a trader standpoint Are very very valuable and what you can also do alongside just basic ta is actually use momentum indicators So let's use the optimism example again You can go onto an application like Kyber AI which is like your ultimate AI on chain trading platform Click on optimism and see what the momentum is like for the coin at that time If you start to see after two weeks the token pump and then start to roll over a little bit and you're looking for let's You can look at the Kyber score and see if the bullish momentum of that token is starting to tick into the bearish territory So you might see the last like for Kyber scores coming bullish and then you might see the momentum starting to tick bearish Using their on chain analysis function when that starts to happen Which is likely indicative of cells outpacing buys on chain The on chain indicators can tell you first before the centralized exchanges catch up whether that altcoin is starting to get bearish Momentum and that can be a great peak data point for consulates to get into a short setup and Similarly after an unlock takes place if you want to buy optimism long term But you want to be a bit more picky with your entry then you can do the same thing You look for bearish momentum tick into bullish momentum like it's exhibiting right now And if that maps up with our net buyers starting to position themselves on chain Then that can give you an indicator alongside an uptick in trading volume that you should be getting in So always look for momentum shifts in crypto and this can help you get better entries So if you don't want to use Kyber AI for any of that, there's a link in the description We have an early access pass for people that want to use that link. You do need to get approved. I'm sorry It's not instant approval But I promise you it's worth the wait because it's been an amazing application and I want to thank them for partnering with the show Because yeah, it's an application that I regularly use in my trading But I thought I'd just mention it in the context of this video Because it's super relevant for using an application like this to help you get entries. So pretty much with unlocks there there is like a lot of nuance, but what you need to know is Have your finger on the pulse in terms of tracking them Make sure to utilize the reports at your disposal through an application like token unlocks. There are free ones There are paid ones if you don't want to pay that's completely fine Like they're not a sponsor of the show or anything You can kind of use this framework for mapping volume versus the size of the unlock and if it fits within this Of course, it's not going to happen like this every time but on aggregate if you trade, you know Based on this assumption then on average you'll probably end up ahead given the fact there's a sample size here of three hundred and fifty thousand Given, you know, they've done extensive research. So obviously sometimes there are outliers Sometimes the project might announce news before an unlock to pump the price Sometimes the market will just react differently due to like a switch in market conditions But generally if you follow the blueprint you will come out ahead in the long term Market conditions do play a huge factor in a bullish market unlocks are like always the best buying Opportunities in a bear market unlocks are often the best shorting opportunities because you have to consider the weight that some of these unlocks can have on the market when the buyers are apathetic because when buyers don't want to step in and protect price and you have additional supply dumping in a bear market that is a Recipe for disaster a lot of the time but in a bull market that's often a recipe for buying the dip So you probably want to take the short side more than the long side in a bear market And you want to take the long side more than the short side in a bull market So important to wrap your head around that concept Bitcoin actually has quite a bit of overhang. I'm speaking about Bitcoin for a second They've got the US government Silk Road Bitcoin. They've got the Mt. Gox Bitcoin or they've got the FTX Bitcoin as well Which is going to be start to be liquidated soon So there is a fair bit of supply overhang in general if we could continue to see bearish market conditions And we do get some of these like unlocked overhangs, you know Just supply increases hitting the market then that could be a reason that Bitcoin starts to correct but given the fact we're heading into 2024 when we've got like major catalysts like the Bitcoin spot ETF You know the ETH ETF the Bitcoin halving potential rate cut rate cuts on the horizon those all can be opportunities To take advantage of the unlocks in the meantime So when you know the destination it becomes easy to play the game in the short to medium term If you're a long -term investor, so just thought I would add that as well in the context of Bitcoin, too So yeah, maybe we went with a bearish tile today Figured out what my thumbnail is but if it is just know it can be bearish on but it also can be bullish and hopefully this video can act as a bit of a framework for you to be able to contextualize and then apply or token unlock trading to your own trading stuff, hopefully this video helps if it did smash the thumbs up button and subscribers in order to subscribe and of course We have a link to games if you want to trade in a decentralized manner in the description and a link to Kyber If you want to sign up to execute the AI strategy that I discussed on today's show I will see you later.
The Voicebot Podcast
A highlight from Generative AI News This Week - Google Gets is Gen AI Mojo Back, ChatGPT Enterprise Debuts, New Big Funding Rounds, Products & More - Voicebot Podcast Ep 349
"Hello to all you generative AI news fans out there and Voicebot Nation, this is Brett Kinsella, host of the weekly generative AI news rundown. Today we take you into the deep recesses of generative AI land with my co -host, Eric Schwartz and a featured guest, Alan Furstenberg. Alan is a Google development expert. He's got deep knowledge of conversational AI and generative AI, so it was great to welcome his insights this week. As always, you can just listen here or you can watch the recording on YouTube. We have visuals this week, but I don't think the visuals are that critical to the conversation. So it's really up to you. If you do want to watch on YouTube, please go to Voicebot's YouTube channel. And while you're there, give us a like, maybe subscribe if you haven't already. That'd be great. Top stories this week, ChatGPT Enterprise debuts and shows how OpenAI is going to service big companies as an application provider. Google Cloud Next introduced dozens of new generative AI announcements. We talk about more than 15 in today's rundown. We go really deep on this. And so if you want some Google news and you want the perspective of Alan, Eric and myself, that will be the place to get it. The funding fountain also gave us some big news. Hugging Face landed over $200 million in giant new valuation. AI21 Labs took down $155 million in established unicorn status. We'll talk about that. CoreWeave is flirting with a two to four X valuation increase. This is like many billions of dollars and that's just since April in five months. It shows how important access is to the latest GPU chips right now. We also have product news from Meta and EncodeLlama, AI21's word to him. A new Harman smart speaker. Yes, a new smart speaker with a feature no one was expecting. ConverseNow's new LLM based chatbot, Gupshups, domain specific LLMs, GM, Walmart, and a bit more. We finish up with a generative AI winners and losers of the week. Next up, Google, OpenAI, Hugging Face, Meta, Walmart, and much more. Generative AI ends the summer with a bang. Let's get started.
Simply Bitcoin
A highlight from Michael Saylor: Bitcoin to $5 Million is Inevitable | EP 824
"It's all going to zero against Bitcoin. It's going up for everyone. Bitcoin! You're against Bitcoin, you're against freedom. Yo! Welcome to Simba the Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution cover breaking news called dramatic warfare will be your guide through the separation of money and state today is September 14th 2023 another day in Bitcoin another day on the Bitcoin roller coaster they don't call the Bitcoin roller coaster for no reason there's ups and downs we hit 25k we're back to 26 ,697 but if you zoom out if you zoom out in the grand scheme of things if you believe in the meme 21 million divided by infinity or infinity divided by 21 million I think it is we all know we're early but there's something I want to talk about today specifically there was a very famous spaces that Michael Saylor did and I think he did it with some some legacy media people there's a huge spaces and there was three things that he said needed to happen in order for Bitcoin to 10x and then during that spaces he even said if these thing if these three things happen Bitcoin will inevitably hit five million dollars per coin now what were those three things first thing was the changing of the FASB rules right with the accounting the fair value accounting rules and that happened not too long ago we broke the news I wasn't there I had some swan duties that day but Opti and I think it was Rustin were holding it down so we covered that and then number two was large banks right I'm not talking about like small banks or you know these these Bitcoin crypto focused banks I'm talking about large banks offering institutional custody of Bitcoin of digital assets for their clients check that off that's happening you have banks all around the world whether it's Panko Santander the news that came out today which is I wanted to cover this is Deutsche Bank is applying for a license to custody digital assets for their customers and then there and the third thing which has been like the big news of this year is the BlackRock spot Bitcoin ETF or now I would even I wouldn't even call it the BlackRock just a Bitcoin spot ETF those are the three things that Michael Saylor said needed to happen in order for Bitcoin to just go parabolic into this five million you know etc etc and those things are basically already happening like the FASB check that off right that was a huge does a massive deal so check that off the list that doesn't start that doesn't start going into action until the year 2025 then you have so that's the FASB ruling then you have banks large banks cussing Bitcoin check that off the list as well really the only thing out of those three things is the BlackRock spot ETF or sorry the spot I keep saying BlackRock maybe it's a Freudian slip the spot Bitcoin ETF how long will Gary Gensler be able to delay this he got absolutely hammered in in Congress there was a hearing this week so yeah I mean this is pretty crazy and it's really interesting if you've been here for a while you know Opti and I are class of 2016 Opti's class of 2017 but it's the same epoch really you know one of the narratives that existed when Bitcoin was falling you know it fell from 20k back down to 3k and one of the coping narratives all the way down was the institutions are coming the institutions are coming the institutions are coming I think you could say without a doubt that the institutions are here you can't deny that now the thing is do the institutions have the necessary infrastructure to onboard on to Bitcoin and I think that's an open question but you can't deny that the institutions want exposure to Bitcoin that's undeniable right we broke the news the other day that BlackRock had a lot of micro strategy had a lot of exposure to public to publicly traded Bitcoin mining companies as well right so it's some very interesting stuff now here's the thing though right so yes this number go up whoop -dee -doo but remember the revolution is individuals taking back financial sovereignty by taking Bitcoin into self -custody so just because you're buying a Bitcoin spot ETF for BlackRock's Bitcoin spot ETF do Charles Schwab or Robin Hood or whatnot that that isn't real Bitcoin that's paper Bitcoin that's an IOU the only way that you get true real Bitcoin is by you know buying Bitcoin earning Bitcoin mining Bitcoin and taking that said Bitcoin into cold storage right and then preferably the step after that is stop trusting someone else's copy of the blockchain run your own run your own node the one I recommend personally because it's the one I use is start 9 they're freaking awesome so definitely check them out if you're interested in running a Bitcoin node but yeah it's a very interesting times that we're living in but uh you know I don't think I've ever been so bullish how you doing Opti and we're in the the simply Bitcoin merch today bro you're modeling I love it yeah yeah it's uh it's raining right now it's it's officially hoodie season so you're raining but you're inside yeah whatever I feel like wearing a hoodie today if it's nice it's comfy I'm wearing this all the time get yourself one at simply Bitcoin calm yeah man it's hey let your boy live for once geez yeah crazy you're not in uniform bro you you went from collared shirts to hoodies what happened you're regressing well suits coming soon I had a conversation with Chris yesterday I missed that episode man I love Chris shout out the coin shout out our boys over a Bitcoin mag but yeah crazy uh crazy developments and we really talked about it yesterday as well pretty pretty extensively on the show of how it is undeniable that the institutions want your Bitcoin there is so much institutional investment and there's just so much capital waiting on the sidelines for everyone for to get a shirt into Bitcoin you know like all the biggest asset managers well not all of them but many of the big asset managers of the world are looking to get exposure to Bitcoin we're seeing huge banks do the same thing and it just goes to show you that you guys are early and we are on the precipice of an amazing bull run as far as I'm concerned and now is the time to be stacking sats it's still what 26k so like we got the best opportunity ever and I know everyone is losing their mind because this bear market's been so long but this is where legends are made anyways on today's culture I saw this a couple tweets from Tom Luongo and if you guys aren't familiar with him he's a great I guess you call him like he is kind of low -key a gold bug and I know he's kind of maybe loosely understands Bitcoin but he created this meme in and I really wanted to touch on it today because it kind of changed my views on what we've been talking about we're always talking about you know the normies out there or in the not so nice way you know the sheeple out there and he coined this new phrase about like the masses comfortable are our wolves and I really want to cover this because I think it does change the framing and it's a little more positive view on what's going on in the world and we talk about it constantly that people need to feel pain and once they feel that pain and they wake up man shits gonna get really crazy and it really does feel like this is where we are right now so you know just prepare yourself it's it's you know are we on the precipice of a global recession who knows are we you know are we currently in a depression I don't know the official numbers are lying to us but we know that inflation is higher than they want and your purchasing power is going down the drain and I have these conversations with a bunch of my Bitcoin friends and we're all feeling the same thing it's like man dude things are getting more expensive and it's only a matter of time until people start to ask what the hell is going on right now and this is why we keep planting the seeds here on the show you know in personal conversations with people in real life and it's like we have built the foundation for people to protect themselves to get on the exit boat get on the safety net which is Bitcoin so get on the Bitcoin standard guys get on the Bitcoin standard that's right just get on the Bitcoin standard get on the life raft and you know you be watching the world around you doing doing its thing but you know that your future your family's future your wealth your time your energy your work is protected by the largest decentralized computing sorry I'm laughing at the chat you guys are wild breath the Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase really secure stamped seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamp seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamped seed that's right ladies and gentlemen don't put yourself in a position where you have to explain to your grandchildren while you lost your generational wealth because you decided to store it on paper store your generational wealth on titanium one of the strongest metals on planet earth you could scan the QR code on your screen right now to take you directly to stamp seed website use promo code simply get 15 % off at the time of recording the Bitcoin price is twenty six thousand six hundred and forty sats per dollar three thousand seven hundred fifty four block height eight hundred thousand eight hundred and seven thousand six hundred fifty blocks to having thirty two thousand three hundred and fifty having estimate April 22nd 2024 total lightning Network capacity four thousand seven hundred seventy six Bitcoin capacity value a hundred and twenty seven million US dollars realized monetary inflation 1 .75 % the market capitalization of Bitcoin five hundred and nineteen billion dollars with a B Bitcoin versus gold market cap four point zero seven percent very very very nice all right good numbers overall you know I love my favorites that I always tell you guys this is the realized monetary inflation of Bitcoin 1 .75 % that number is going to continue to go down forever so it continues to take fiat currencies absolute school even if they get it to their targeted Holy Grail 2 % inflation you know it's not even gonna come close anyways I do have some ways you got my favorite number is block height cuz that number is going up forever Laura that that that number just it just makes an all -time high every ten minutes the matter what next block it's almost like a coin walk next block anyways here's a clip I have two clips for you guys here's a clip from SEC chair chair Gary Gensler and he said some interesting things at the hearing we're gonna play you some clips of this hearing as the days go by though so let's check out this clip and I have another one then we'll talk about it and help protect Americans from the crypto abuses that cost consumers billions if they were to live up to the investor protection built into their current laws it would help investors but right now unfortunately there's significant non -compliance and it's a field which is rife with fraud abuse and misconduct and help protect Americans from the so I I want a friend two things right I agree in a way and I agree in the sense that it is full of fraud it is full of abuse it is full of misconduct now the initial part and help protect Americans from the crypto abuses that cost consumers billions I'm gonna reframes that right from the crypto abuse that cost consumers billions fine you could say shit coins you could say this what about from the governmental inflationary abuse that cost people all around the world millions if not billions of dollars why is that never talked about and that brings me to one of Tucker's episodes that he did in Argentina he did an episode about a 10 -minute episode covering what's happening in Argentina he's gonna cover he's gonna interview Javier Maly Javier Maly is he is he's a hardcore Austrian economist libertarian he wants to end the central bank you know he wants to cut down on the administrative state all of that stuff he said some pretty crazy stuff not gonna lie Tucker's gonna interview him tomorrow but what was really interesting about Tucker's opening monologue which we're going to cover extensively tomorrow is he said the quiet part out loud the invade and inflation is deft politicians aren't productive the way that they raise money is through direct taxation but they could only do that for so long until people revolt so they do that through the hidden tax of inflation we must continue to chip away at this like you know peacefully of course but Chico chip away at this move the Overton window start get start getting people to ask the question what is money why does my money lose purchasing power is it necessary for my money to lose purchasing power that's when people are gonna start asking really big questions and remember they do not have a response to this anyways talking about shifting the Overton window here's Joe squawk five years ago you would have never have believed this we did have a a Bitcoiner who was a writer for Forbes and he got a bit upset when I said that the legacy corporate media changed their tune because of the black rock spot ETF and he said no that's not true I was working at Forbes from before okay I take his word for it he's a cable are news you trying to tell me that the interest from black rock to launch a spot ETF has not influenced their change of tune whatsoever I don't know about that anyways here's Joe squawk it's about a one -minute clip and then we'll talk about it and move on to crypto if you'd indulge me for a second because we always have these crypto conversations and there seems to be this thing happening I don't know Joe we were talking about $25 ,000 with Bitcoin meanwhile black rock and all these folks all the folks that we thought were never gonna do this are now doing it and yet it's not moving at all well it's moving today well I mean sure 26 this is 26 it was for when when we started saying it wasn't going anywhere 4 ,000 oh okay but so but the question is is this now a risk on a risk off thing what do you how do you even correlate this to what's happening with the Fed because for a long time used to talk about crypto in regard to the Fed so I think crypto settling as part of the ecosystem I think people have recognized it is not the new global currency people have also recognized not going to disappear tomorrow is becoming institutionalized and I think actually if I were a crypto person I think this maturation process is a good thing where it moves from day to day is I can't really comment on that I still think it's outperformed every asset one year five year and ten year I mean I think I think he's pretty jaded a little bit right like you know it's going to zero at 4 ,000 and mind you like Pete Russo does a great job doing this but like he goes back in time and finds like original posts of people which is why it's so important to zoom out when in doubt of people posting a Bitcoin isn't going anywhere and Bitcoin was at like $100 Bitcoin was at like $200 at the time right so like when in doubt zoom out obviously Joe is completely converted he's like why have we been talking about the short -term volatility when we started when we started covering this it was literally at $4 ,000 it's at 26 ,000 at the at the you know depths of bear market he gets it I mean and this is actually one of the things that has helped me orange pill as many people as possible it hasn't been me saying the bitcoins better money it hasn't been me saying like oh look you know separate money from state hasn't been me saying you know it's a deflationary currency blah blah blah blah blah blah you know it's been the biggest converter of people you plant the seed you say Bitcoin right they ignore you for like a couple of years and two three years later pass number goes up and all of a sudden you get that text from that friend that you haven't talked to you in a long time and he's like hey about that Bitcoin thing ng you is the biggest converter of people it is the biggest orange pillar in my opinion is the most effective way and clear you could see that with Joe right he was like hmm yeah I mean we started covering this was at 4k I don't know why you're talking about the short -term volatility what the hell's wrong with you anyways why are you pulling that up Opti oh it's from wine it's from wine anyways why what's why you know all the disgrace you've ever done and all the controlling calling me why it might be the worst no I'm just trolling love you wine anyways first and foremost you know shout out the Joe Kernen absolutely love to see him just constantly battle the corporate BS FUD around Bitcoin and and I say this all the time you know like number go up love it or hate it is the fundamental thing driving all a Bitcoin adoption there's that and then on the negative side all of the crazy stuff coming out from you know the bureaucrats out there we covered the g20 stuff where they're trying to roll out a digital ID CBDC central bank digital control mechanisms and these two things together are in my opinion the driving forces for Bitcoin adoption it's like you we say it all the time and and the memes been catching on Nico I don't know if you've been seeing it on Twitter but Bitcoin is slavery it's starting to catch on and people are starting to notice that it's not even hyperbolic anymore but anyways starting with the first video I totally agree with that congressman or whatever like crypto is full of fraud like what a hundred percent agree hence why we're Bitcoin only like there's Bitcoin and there's shit coin and it triggered the thought in my mind about I think I brought it up last week it was the idea I forget what video it was but we played something on in the numbers about the the scene versus the unseen consequences of economics and it's very clearly visible the scene consequences of crypto scams and it very easily noticed and you know it's always rolled out as like the detriment to the whole Bitcoin industry and those are the scene consequences obviously there's been a lot of people getting rug pulled getting you know losing their their life savings because of shit coin scams and so it's very easily an emotional thing you can roll out so people are like ah let's protect the little guy but as we've going to cover and I really thought you were gonna play that Tucker Carlson video that you put on your Twitter I'm sick dude I mean so I was divided I was divided about what I wanted to make the show I was like I was like are we gonna make it about Tucker are we gonna make this about the sailor I think the sailor thing I was I was much more excited about the sailor thing it's a little little thing came out in my head I'm like holy cow the three things that Michael sailor said needed to happen for Bitcoin to hit five million all of those things have happened they've all happened right so I was like we have to cover this we will cover Tucker tomorrow's really actually made a thumbnail for everything it was awesome but I guess I guess you know we'll put we'll put a pin on that thought but tomorrow remember we're gonna be talking about the unseen consequences of money printing and that always gets obfuscated it always gets lost on people because it's not like a linear connection you know like you you gotta you know there's some nuance to this and most people can't think past like 20 seconds you know ADHD or whatever like we're all being inundated with so much dopamine from from social media that we either tune out or it just like it doesn't seem like it's important and and I can see people in the chat saying the same thing that we always hear is like once you start talking about Bitcoin once you say the B word people instantly tune out and it's only a matter of time until people wake up to what's going on here so you know plant those Bitcoin fundamentals into people's minds without using the B word usually helps and and goes a long way and then you find like hey you know have you heard about Bitcoin here's the pill take it but yeah man it just it just goes to show that the world is waking up and every metric that I'm seeing is pointing towards the fact that I think in 2025 more people are going to wake up to the scam that is Fiat and of course the safety boat that is Bitcoin and hey we're here for it so I'm I am super excited yes yes hold on hold on Arthur you can buy our merch with Bitcoin if you so want to yeah exactly go and go click scan the QR code it'll take you directly to the website and you could you could pay you pay in Bitcoin I think a lot I think wine set up the lightning yeah yeah yeah we got you got we got you guys back we got you guys rep some simply Bitcoin merch anyways so yeah man it's a really really exciting stuff alright guys let's jump into the news we got a lot to cover today before we get into news actually right now we are currently sitting pretty at 70 likes help us maintain our streak let's break a hundred likes within the out first hour of the live stream so if you're enjoying the show make sure to smash that like but it smashes mess mess wait wait wait can we do a legacy smash the like button Nico something like that anyways guys let's get to the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
What Bitcoin Did
A highlight from Orange Pilling Through Sport with Steven Nelkovski & Patrick O'Sullivan
"The beautiful thing about Bitcoin is if it works with baseball, it works with anything. If you think about value for value, the model, it changes everything. Right. Hello. How are you all? Hello from Lebanon. What a cool country this place is. It's really strange. As I travel around the world, sometimes I go to these places where you worry about the economic situation, you end up meeting the most amazing, incredible people, most amazing resilient people, and Lebanon is exactly that. So I cannot wait to get this film out. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host Peter McCormack, and today we have Perth Heat on the show. We've got CEO Stephen and chief Bitcoin officer Patrick, Patrick O 'Sullivan. I was going to try and say Stephen's name. I think it's Nelkowski, Nelkowski, I think Stephen Nelkowski. Danny, what is it? Nelkowski. We've never had Danny on an intro before. Nelkowski. Yes. CEO Stephen Nelkowski. Now I've known Stephen for quite some time. When we announced Rael Bedford, he'd already announced his Perth Heat Bitcoin project, and then I met him out in Miami. He gave me a jersey, and we've kind of been knocking back DMs on Twitter for this whole time sharing ideas, talking about what they're up to, what we're up to. There is so much alignment between the Perth Heat baseball team and what they're doing in Australia and what we're doing with Rael Bedford over in the UK. And so yeah, I've been keeping an eye on their progress, been impressed with everything they're doing. They're definitely a little bit ahead of us, but there's so much alignment between us and them. And I know not everybody loves the football side of things, but this Bitcoin and sports thing, I'm telling you, it's so important. It's important on so many levels, there's so many chances to orange pill people by meeting them where they're at. And I'm telling you, Bitcoin and sports is going to be big. So give me your feedback. Let me know what you think. I hope you enjoy the show. Absolutely loved it. Steve is a legend. Patrick is absolutely beavering away like a legend trying to get all the Bitcoin stuff going for them. I'm going to be nicking some of their ideas. Hopefully, we will have some cool ideas. They can nick as well. But yes, let me know your feedback. Let me know what you think. It's hello at whatbitcoindid .com. Welcome, brother. Good to be on. Who's your friend? This is the chief Bitcoin officer of the Perth Heat. You actually the chief Bitcoin officer? That's it. That's the title. Chief Bitcoin officer. That's all I do. That's what I'm trying to get Ben Ark to do for us. You know Ben Ark? Yes. He doesn't even like football. But he comes along. He gets the whole thing. Great role to have. Emerging role. Yeah. You saw that job ad for that Bulgarian team. Yeah. That's amazing. Yeah. We've got a call with them. Joe Hall's trying to get me to talk to them. But there's two upcoming Bitcoin football teams, young whippersnappers. The league is expanding quickly. We've had a couple of recent inquiries from teams in Europe wanting to speak about what we've done with the baseball team. But as we've said so many times on Twitter and in comments that the Bitcoin sports league is a lot closer than what most people think. There's a lot of interest. Yeah. You beat us to it. I think you beat us to it. We had a couple of weeks between us, I think. Was it that close? It was. There was a nose between, I think, the two announcements. We were early November. I think you were late November, early December, something like that. We're talking 21, aren't we? 21? 20 said? Yeah. It was 21. Because I think I announced - November 21? Yeah. I think I announced December 21. Yeah. And we took over the team in April 22. Yes. That's right. Yeah. Yeah. Yeah. Yeah. You just beat us. Justin. So many things have changed since then as well in so many ways. What we thought we'd be doing in two years has just dramatically changed so quickly. It's awesome. There's loads we can get into and we're going to. But let's just do a bit of background stuff just for people listening so we can build the picture of what we're doing. So, like, introduce yourself, what you do, and yourself. I know we know you're the Bitcoin officer, but like, and then just tell people about Perth Heat, who they are, and then we'll build from there. Yeah, easy. So my name's Steven. I'm the chief executive of the Perth Heat, who are Australia's most successful baseball team. We've won 15 national titles. We've had 34 players who have played Major League Baseball. We've got an exceptional relationship with the Tampa Bay Rays, who send us out six to each eight players Australian summer. And these are top end draft picks. So one of the players they sent us last season, Junior Caminero, is on the verge of playing in the big leagues right now. So they send us the best of the best in terms of their young talent. And we build a squad and we play a season in the Australian summer. We've got a history of winning. We've got a history of producing great players. We're also the Bitcoin baseball team. And it's been, yeah, it's been an incredible ride. How big is baseball in Australia? It's big. It's look, it's obviously we've got the big sports in terms of Aussie rules. You've got rugby. You've got strong national teams with the Australian cricket team. You've got the Socceroos, you've got the Matildas. So it's not a tier one sport. But in terms of the quality of the competition, if you look at the fact that Perth Heat have had 34 players who have played for the Heat and then gone on to play Major League Baseball, there's no other team or competition that could produce that sort of statistics. So if you looked at one of the football teams like the Perth Glory, they haven't had 34 players who have played in the Premier League. So it's the competition is extremely tough and would be one of the best winter leagues in the world, especially with our association with Major League Baseball. So they send players out to you to get game time. And they also scout players that you have got of your own. There's a bit of scouting. There's international scouts in every city. But the idea of sending them out to us is they will see how the players will react in a foreign environment, a different style of baseball, different time of year. How do these players go in an environment over Christmas, New Year? Some of them are coming back from injury. Some of them have had interrupted seasons. That's a good chance for some of them to also build game time. But it's a program now with Tampa. Then in the last five years, we've had five players already play Major League Baseball. Jacob Lopez was the last just a couple of weeks ago. And as I said, Junior Caminero is knocking the house down, his 27 home runs this year. It's just a phenomenal generational athlete. And what kind of crowds do you get? Yeah, they vary across the weekend. We play a series. So we'll play Friday night. We'll play two games on a Saturday. Two? Two games on a Saturday. And then we'll play another one on a Sunday. So there's four games in the space of 72 hours. And the crowd's roughly between 5 ,000 to 7 ,000 over the weekend. OK, wow. So two in a day. What kind of demands are put on the players? Well, it's different. So baseball, if you're a pitcher, the demands are extreme. Every time you throw the ball, it is logged. It is monitored. It is counted. If you're an outfield player or an infielder, one of the batters, then that's what you're built for. You're built to play every game. So all the pressure's on the pitcher? Pitchers, yeah. Good pitching will win you championships. You need a really strong pitching lineup to bring in the different times of the game. And that's the part of your lineup which you really have to monitor so carefully. Because you could start a series with a pitcher. And if he doesn't perform well, when you bring him out of the game, when you introduce someone else. And then if they don't perform well, how quickly do you run through your rotation knowing that you've got four games to get through? So there's a lot of analytics that we look at, we monitor. And as we said, that pitch count is very, very closely watched. I've been to a few baseball games. I've been to see the A's. I've been to see the Dodgers a few times. I've been to see probably your team. Yes. We went to the Yankees. Yeah, we went to the Yankees. It was too hot, wasn't it? Yeah, it was so hot. It was so hot. Our knees were burning. There's not many roofs on the stadiums, yeah? So you're sitting out in the sun, yeah, baking. But there's heat, but it was too hot. Our legs were in shorts, our legs were burning, so we just went and stood at the back and drunk beer. Then the Yankees get absolutely back. I think they were 10 down within two innings. It was like insane. Yeah, but it's a crazy game. It can be 10 down, and you can still win. My wife has now accepted that no matter how far in front we are in a game, she won't relax until that last out. You can be 6 -0 up, 8 -0 up, and you can still lose a game just like that. It's very, very different of football. In football, if you're 3 -0 up, it's effectively game over, yeah? But in baseball, a three -run lead, a four -run lead, it can change with just one pitch if a batter walks, and then suddenly things just change. It's taken a while to understand and to even get comfortable with it. When I first started in the role five years ago, baseball traditionalists would say, well, that's baseball. It's like, no, it's not. It's bad game management. But yeah, it's baseball. It happens in the big leagues. It happens in Australia, and sometimes it happens with Perth Heat. And so your wife, is that because she's got into the baseball, or she's planning for what your move's going to be like? Bit of both. She has to be into it, but I'm not a good loser at all. Yeah, I'm not probably the best person to speak to if we lose a game for a good 24 hours. After we lost the championship series, that 24 hours was probably four months. Mate, honestly, I know exactly how you feel. We lost three games last season in the league. We lost one cup game, and then we got thrown out of a cup because we played an illegible player should have been suspended, administrative error. Every single one of those, I was not good for 24 hours. I spent the next 24 hours saying, what did I do wrong to contribute to that? Even though it's the team and the manager, it's like, what could I have done more? Could we have prepared the team better? Did we not provide the right resources, or did we not get the balance of the roster correct? There's so many things that go through your mind, but yeah, I'm certainly not a good loser. Were you a Perth Heat fan before? No, with a surname like Neil Kobski, you grew up with a round ball in my household. I was a football fan from an early age. This is a true story. Before I took the role with Heat, I had not watched a baseball game from start to finish. I had not watched a full nine innings. I'd watched parts of a game, but I hadn't watched a whole game. That first year in charge was challenging because you'd be with corporate partners, and I didn't know all the rules, and something would happen during a game, and they'd ask, why did that happen? I'd scratch my head and say, I'd have to find out for you. I'm obsessed with it now. My wife loves watching players steal bases, just running from base to base or trying to steal. Then I look at my family, Grey Caritage, and they're all into it and enjoy coming to the ballpark. Most people I introduce do enjoy it because, again, it's a different sport in terms of the pace of the game. You can relax a little bit more and then sit back and enjoy the menu of the hot dogs or the crackerjack and see some home runs in the background. Well, you don't understand the sport. It's a bit like cricket, right? Most Americans, almost every American does not understand cricket. Are you trying to explain test cricket, that it's five days, two innings each, it could rain and end in a draw? Nobody understands it, but when you understand the game, you understand what brilliant test cricket is. Like my son, he watched the Ashes with me, and I had the first two tests, I was explaining how this works, why they might declare, what the follower knows, which never got used. Trying to explain the strategy of it all. And then once he understood, he got into it, and I was mentioning going to watch baseball. I said to you before we started recording, I was dating that girl in LA, so we were going to watch the Dodgers. It was a playoff season, and I must have gone to maybe five games. I went to the game, I don't know if you know the one where Justin Turner hit a walk -off home run in the playoffs. I think it was against, it might have been the Cubs, but by the way, that itself was an unreal moment. The great finish there. Unbelievable. But I had a guy who was sat with me each game explaining it to me. And one of the things I'd never known about is the whole pitcher strategy. My from assumption the little I'd watched here or there, it was just one guy all game. And if somebody came on and it was injury, I didn't realize you're strategically placing different pitchers in the game, especially towards the end of the seventh, eighth, ninth innings. I didn't know any of that. And so once you understood that, you understood the strategy. And then there's huge strategy, whether you're bringing in a left -handed pitcher to pitch to a right -handed batter, left -handed batter, or someone that can face up to a curveball better than a slider, et cetera. Explaining the game to someone in baseball is a lot easier in the ballpark. If you're watching it off the screen, it's a bit harder to pick up. If you sit in the ballpark and you've got someone that can explain the rules, you will understand it a lot quicker than watching it at home. But the strategy behind pitching is nuts. The movie Moneyball and the strategy behind the analytics is spot on. There's so much you can gain out of the numbers. And that's a big part of our relationship, even with Tampa, is the Tampa front office and what they have in terms of identifying talent and how they use it is something that is a great benefit to an organization like the Perth Heat as well. There's a whole Moneyball thing that started coming to football as well. I know specifically teams like Brentford and Brighton have used it. But they're using it in a different way. They're trying to identify talent, which they sell out. I mean, Brighton. Can you look up their sales of players? I mean, Brighton. They have a profit of 130 million pounds, was it, this summer? I mean, historically, they weren't ever a Premier League team. No. It's only in the last, what, five, six years did they become Premier League? They're now established. But the volume of players they sell and the rates they sell their players for, have they got recent sales? Yeah. Let me pull it up. It was the same with Southampton. They kind of had that strategy as well. So there we go. Okay. Caicido, 160 million euros. McAllister, you went to Liverpool, 42 million. Sanchez, 23 million. But there's more in the previous. I mean, is that just this season? Yeah, that's this season. Did you have last season as well? I don't think it was on him. What was up at the top when you scrolled to the top? That was people who had come in. Right. Okay. But this is their whole strategy. I mean, they're now talking, this guy just got a hat -trick. The other Ferguson got the hat -trick against Newcastle the other day. People are starting to talk about him. And they've managed to have this rotation of players. Even though they're selling their best players, they've got these new ones coming through and they've got like an identity, which means it's a profitable business. Luton were the same. So Luton Town managed to get back in the Premier League from going into non -league, which itself is incredible. But they had a whole strategy of bringing players through and it's part of their revenue model. Does that perform part of your actual revenue model to develop players? For Perth Heat, it's a little bit different because if we have players that we continue to develop, they'll get drafted. And the draft system works a little bit differently to football where the club doesn't take the profit. The actual transfer fee goes direct to the player. Oh, wow. It's one of the first questions our board of management asked when they took the license over. How can we develop players and on -sell them? But it doesn't work like that in baseball, unfortunately. So, yeah, we've got a great farm system of producing young Aussie talent to go and pick up minor league contracts. But there's no return there to the club, unfortunately. Were you a baseball fan before you joined? I mean, I played when I was a kid. But not much of a fan. No. No, it was strictly because of the opportunity that came up that I joined. And when did you join? When? Same time. So about a year before, when the talks happened about, well, maybe this is something that we might be able to do. And then what the details look like for making it a possibility for a team to embrace Bitcoin as much as the team has. And then suddenly realizing that it's going to be significantly more work than what it first appeared to be. Because I didn't really have a role there to begin with. I didn't have a job. I wasn't working there at all. But then sort of trying to orange pill the board after Steve got it and to show them what we could do with it. It was very much, this is the idea. This is what we think we can do with it. And their attitude was, OK, go out and prove it and show them exactly what we could do to kick things off. And then from there, it was just small win after small win. And then realizing, well, if we're going to actually do it and announce things in November about just how far down the rabbit hole we were going to go, that we couldn't just, you know, Bitcoin is not at the point now where you can just launch and say, OK, everything worked perfectly. I mean, you know, it's so hit and miss with things that will work and things that won't work. And that's integration with systems that are already in place, especially when you're talking about a business of this size. You know, it's not your micro strategy. We don't have teams and teams of lawyers or people that can look after all of the various elements. And to go all in on Bitcoin means really restructuring how you do everything. And eventually that came back to me as my sort of ability to transition and see what will work, what's going to work now, what will work in 90 days from now and what it's going to look like in 180 days from now. All of that has changed and just somewhat to stay on top of that and to help integrate it into the systems that Steve is already looking after. Yeah. So I'm going to be interested to compare and contrast what you've done to what we've done, because like we're tiny. You know, our crowds are tiny. When we take, if you want to pay with Bitcoin on a match day, we're talking a handful of transactions. You got up to 7000 people there. So that's that's an entirely different beast. What were you, sorry Steve, what were you doing before you joined? My background is media marketing, so I used to be a sports reporter on one of the commercial networks here in Australia with Channel 7. I was there 14 years as a broadcaster, used to commentate to football games. But after being a reporter for the best part of 15 years and seeing how sports organisations run, that's where the real appetite for running a sports organisation came in and wanting to win championships. So I went and worked for a local football team, which is the Perth Glory, who play in the A -League. I was in a media marketing role there for a few years. Is that where Robbie Fowler played? He did the great man. God. Yeah. He used to come over to Mum's house every week for dinner. Shut up. Yeah. Are you serious? A gentleman. One of the most beautiful men. Yeah. We're always on the text to each other. He's a... You're friends with Robbie Fowler? Yeah. There we go. You're in. I want an interview with him. He's one of my childhood heroes. Oh wow. Yeah. And you know what? He's just a lad. He's just brilliant. He came and played for the organisation. And yeah, it was Monday night's dinner at Mum's house. He loved the Greek food, so we kept to a winning formula. That's unbelievable. Do you know the song the Liverpool fans sing about him? About we all live in a Robbie Fowler house. Do you know about this? I don't know. So Robbie Fowler is one of the footballers who was very smart with his money. He just bought just properties all over Liverpool constantly. And see, he's got this huge property portfolio in Liverpool. And so the Liverpool fans sing, we all live in a Robbie Fowler house. Yeah. He's a... He's God. He's God. He's just an awesome guy. Good fun to hang out with. And yeah, made so much time for the people of Perth. We had a great year together. And he's also very cheeky as well. There was a time where we weren't performing too well. We'd lost, I think, five games on the trot. And it was the time that Wayne Rooney was having a whole heap of issues with Manchester United. And we were about to do this live TV cross for Channel 7. And we knew the chairman wasn't too happy at the time. So I said, we've just got to try and deflect here. And Robbie had been in the UK for a week. And the presenter said, so Robbie, what was the trip to the UK all about? And he said, it was to chat to Wayne. And my phone had been, the media marketing guy just blew up, Fleet Street just went mad with this. It was just an off -the -cuff joke that we were trying to sign Wayne Rooney. And it was just everywhere within hours and we had to put out a press release and it was great because it deflected off the five losses that we'd had, but it was just a bit of a piss take. What was his scoring record like at Perth? Look, it wasn't as good as what it was at Liverpool. We would have been nice for him to score a few more goals, but the team struggled a little bit that year. And I think he ended up maybe with a dozen goals from memory somewhere around there. But it was a good year. And then again, I remember him taking out a little urn when England won the Ashes out before a game. And he put it up on his head and there was photos of it. He's just a great prankster in a lot of ways. He's an awesome person to have in your change room. And yeah, I'm really happy to call him a friend. So I went down the Robbie Fowler rabbit hole with my son the other week because, did you watch the Liverpool Newcastle game the other week? No, I missed it. Right. So I said to my son that there were two games when I was a kid when Liverpool played Newcastle. There were four, three consecutive years. The first one was a back and forth. I think Liverpool went 1 -0 up, then Newcastle went 2 -1 up, then Liverpool got it back to 2. Then they went 3 -2 up, then 3 -0. Liverpool went 4 -3. Stan Collimore in the 90th minute. It's an unreal game. And then a year later, Liverpool went 3 -0 up, Newcastle got it back to 3 -0. And then in the last minute, Robbie Fowler scores ahead of this flying header to go 4 -3. And so I then just had to explain Robbie Fowler to my son, why everyone said he was God. And we went down this kind of rabbit hole of Robbie Fowler goals. I was always really sad, though, because when he left Liverpool, I'm trying to remember, was it Leeds and Man City he went to? Did play both, yeah. Yeah, and I just couldn't accept him, not in a Liverpool shirt. Not in a Liverpool shirt, yeah. It didn't make sense to me. No, iconic to that club, and yeah. Absolute legend. Sorry, there's a bit of a tangent. OK, so going from commentator to chief exec, that's quite a jump. Did you have to kind of prove yourself you were capable? Did you have to pitch yourself for it? Look, I did the four years at Perth Glory in a media marketing role. I then stepped outside of sport for the first time in my career and just did some sales, what they called home and land packages here in Australia, selling some land in the house with it, and quickly went into a management role there with one of the companies. And then the opportunity came with the heat, and I was given the chance to run my first club, which was good because at the time I'd just started as president of a football club as well. So the management position was quite similar. I've run both roles now for the last five years, which has been brilliant. What is the mandate for the chief exec? How does it compare to, say, a chairman in a football team? Just look, every club's structure can be a little bit different, so yeah, a chairman for us is one of the shareholders, majority shareholder of our club, so he's who I report to. I've got the day -to -day running of the organisation, and I report to our chairman. What are the main things that you're responsible for the team in ensuring they've got the resources they need? Everything, yeah. Everything, yeah. I run the organisation. So it's basically probably almost identical to my role. Correct. Yeah, absolutely. Bigger numbers. Yeah, there's bigger numbers, but I don't think it really matters, and there's probably a good contrast with a football club. Whether you've got 10 members, 100 members, 1 ,000 members, a million members, the communication is still the same. You still treat your members the same way, regardless of how many zeros are involved. It's the same if you do a social media post, whether your club's only got 50 members or 50 ,000, you're still putting out information. So in some ways, don't get scared by the numbers. It's treat the position with respect and your members and partners, et cetera. Again, corporate partners, regardless of what the partnership value is, they're a corporate partner.
Bloomberg Radio New York
"last april" Discussed on Bloomberg Radio New York
"A look at the markets as we do every morning, so we're up by half of 1% for European shares. We have had out a number of earnings, including from the likes of ST micro electronics, their first quarter net revenue was a beat, and so STs, share price up this morning close to 9%. Other gainers, banker sabadell handing back a cash to shareholders on the downside with diageo and SEB, they are all negative this morning, even though, for example, we're fair with their managed to see a profit pre-tax and there was organic operating profit growth at diageo, but not liked by investors though both of those share prices heading lower. Futures for the U.S. then looking at those ahead of the U.S. GDP number, we get later, they've actually just ticked into the green Aztec features are up by 6 tenths of 1% on the bond market's U.S. yields at three 45 Germany years at two 14, and we also have a slightly stronger Bloomberg dollar spot index even. Let's get to our top stories, shares in Tesla have risen and after I was trading as the electric car giant beat expectations on profit and sales. The company now says it's on track to deliver 1.8 million vehicles this year, CEO Elon Musk says the 37% rise is a conservative projection. Actually, without big supply chain interruption or massive problem, we actually have a potential to do 2 million cars this year. We're not committing to that, but I'm just saying that's the potential. Speaking to investors, Musk added the 2022 was a difficult year due to shutdowns at Tesla's China factory, higher borrowing costs and logistical issues. Business confidence in Britain has sunk to its lowest level since the global financial crisis according to a survey of accountants with more his Bloomberg's even pots. It's the lowest reading since 2009, the survey by the institute of chartered accountants in England Wales says that business sentiment fell to a reading of -23 last month, a big drop from -17 in November. The group found that the construction firms are the most downbeat when it came to their economic prospects, and companies in the retail property and manufacturing sectors all reported problems accessing capital. These findings echoed by a separate survey from the federation of small businesses which found that morale was plummeting amongst smaller firms in London, and by daybreak Europe. Remember going to stands the UK government will provide direct taxpayer funding to support British semiconductor companies and overall figure for the investment hasn't been agreed with the treasury, but it's expected to be at least a billion pounds, speaking to us here on Bloomberg radio, David lammy, the shadow foreign secretary, said the UK must partner with the European Union to secure its supply of semiconductors. It's not the case that the UK can do this on its own. It can't do this on its own. But if we are seeing major allies in a protectionist posture, if we are seeing a world that's more multipolar and potentially more dangerous, then it is important for all companies to diversify David lamy's comments come as continued global chip shortages contributed to last year being the worst since 1956 for UK car production, production fell by close to 10% to around just over three quarters of a million cars in 2022. Now, the United States is joining Germany in sending main battle tanks to help Ukraine repel Russian forces. America is sending 31 of its M1 Abrams tanks while Germany will supply 14 leopard two tanks and housing the move President Biden said that Putin has made a major miscalculation about the west. I've been saying this for a long time. The expectation on the part of Russia is we're going to break up. We're not going to stay united, but we are fully thoroughly totally united. President Biden added the delivery of the vehicles will take time, it's understood that the first batch of leopard tanks from Germany could arrive within three months. Matter says it will reinstate former president Donald Trump's Facebook and Instagram accounts with the details whose Bloomberg said Baxter. This ends two years of being banned, meadow says from the beginning, it was for an undetermined amount of time, and that the public should be able to hear what their politicians are saying, the good, the bad, and the ugly, so they can make informed choices at the ballot box. At the same time now, meta says it has changed oversight rules that can cause another suspension of violated with more severe penalties. Mattis says it will restore the accounts in the coming weeks. In San Francisco, I met Baxter Bloomberg daybreak Europe. The New York Stock Exchange has blamed manual error for the wild price swings and trading holds at Tuesday's market open, Bloomberg understands an employee failed to properly shut down the company's disaster recovery system before the open, causing the problems more than 1300 trades and some 84 stocks were affected. Those are our top stories this morning, Carly and a story in the newspapers here in the UK that's making certainly creating a lot of interest is around Morgan Stanley. This is the latest twist in the WhatsApp or other messaging personal mastering platforms that we know regulators have been investigating. Now, Morgan Stanley is finding some of its own bankers more than a $1 million for conducting business using these other mastering platforms. That's according to the Financial Times that citing unidentified people briefed on the matters to the penalties being imposed by Morgan Stanley in a range from a few $1000 to more than a million per person based on a point system that considers things like seniority the number of masters sent and whether or not they'd been warned about this issue before. So it's the follow on to the fines that we've seen from regulators, Bogotá, now imposing penalties on their own staff. That's trickled down, isn't it? If you get fined by the regulator, then they hit their employees. Apparently the money is going to be taken out of bonuses or future pay. I think it's quite interesting. Morgan sandy is not the only bank that has done this, but I think it's interesting that the penalty for misusing, I suppose maybe it's your personal mobile, whatever the app is that you're using is going to be docked from your pay. Yeah, they're now training people, explaining to them how they should shift conversations that might happen on personal devices to their professional email. As you find this sort of thing happening again, so that's one of the stories in the Financial Times that people are reading here in the UK this morning. Let's look ahead to one of the key data points that we are watching for later on, fourth quarter GDP from the United States jobless claims coming to Bloomberg economics expect to see growth of 2.8% at an annualized rate. That's a figure that expects to be boasted by consumer spending on services, our markets reporter Valerie Titans with us in studio good morning to you Valerie. This is a big report. What are economists expecting? Yeah, a lot of data out from the U.S. today. Let's see where the surprises are, but this is the first reading of the fourth quarter GDP. The survey media is for 2.6 that's compared to 3.2 from the third quarter. I would keep an eye on the personal consumption sector, the main revisions to the third quarter GDP, which were revisions upward to the third quarter GDP, were driven by the consumer holding up better than expected. And notably in the fourth quarter, we get to see how retail spending held up during the holiday period. But also within this GDP print, we get the quarterly core PCE, which is the fed's favored measure of inflation. It's a bit more broad than the CPI and the data it collects. Now it isn't the quarterly print, but again, any surprises on inflation were very, very mindful of as it could possibly affect what the fed signals they're going to do in March. U.S.
Bloomberg Radio New York
"last april" Discussed on Bloomberg Radio New York
"Administration for people 18 and older It is seen as an important milestone that bolsters the shots use as a major weapon against the virus the Pfizer vaccine was cleared by the FDA in August A group of progressive senators is pushing the International Monetary Fund to help developing nations deal with the COVID pandemic The group led by senators Elizabeth Warren and Bernie Sanders is calling on Senate majority leader Chuck Schumer to support the issuance of more than $2 trillion in IMF reserve assets known as special drawing rights that would be on top of a record $650 billion in reserves created by the IMF last August after the Biden administration back to the proposal It had been blocked under former president Donald Trump Last April the Treasury Department said it would not support additional drawing rights and would only back them if circumstances justified it In Washington I'm Nathan Hager Bloomberg radio President Biden is reaching out to lawmakers as he mulls over nominees to the U.S. Supreme Court White House press secretary Jen Psaki provided an update today Tomorrow the president is going to host chairman Durbin and ranking member grassley at The White House to consult with them and hear their advice about this vacancy A chairman Durbin has worked on 7 Supreme Court confirmation processes The president has also worked for many years with senator grassley and respects his knowledge and views Jen Psaki is defending Biden's promise to nominate a black woman to previous presidents Ronald Reagan and Donald Trump both Republicans were also demographically specific in their Supreme Court appointments Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries On Nancy lions Progressive snapshot can save you money based on how you drive and how much you drive So the safer you drive the more money you could save Now if you didn't hear that because you were yelling at another car while driving Let me say it again You need to calm down Yelling is just making everyone is stressed out as you are and letting them all know that you definitely aren't trying to stay with progressive snapshot And if you did hear the first.
Newsradio 700 WLW
"last april" Discussed on Newsradio 700 WLW
"Twenties thirties Um, that's that's pretty young. I mean, where I stand Got out glove to be 35 again. Yeah, Jeff Katherine's here from Cincy VAPES. Today, the FDA is can decide whether band more if not all, Vaping price. In the United States. I don't think they're going to say all of them, right. This is going to be there. Just going to allow the Philip Morris is the jewels, the big companies to do what they do and crush the little guy. I mean, that's the worst case scenario, right? But what's the best case scenario? Best case scenario is, um, we do have you know there's some lawsuits kicking around? I know somebody, um Jeff ordered and What is it? F o I a Freedom of Information Act against the FDA to find out what's behind this because we really believe we're going to find some smoking guns. So to be honest, we did. There's nothing going to stop this. The flavors are being eliminated. Tobacco and mentors will go through this process. Probably another year or so, Um, and then we don't know what's going to happen there, so no one is going to quit. There's too much toothpaste out of this tube to try to put it back in, Um It's just a sad day sky. I don't understand meeting consumer demands and the like. And when, when reasonable adults walking and go. Yes. Are you can't buy this anymore? Um, rightfully, so they're going to be upset. Um, another nail in the coffin here. I said, Well, there's a couple. You know when I remember talking about it was it Was you last April, about The ban on flavored cigars and menthol menthol cigarettes. Statistically look at demographic groups are enjoyed by minorities. I don't know why that is, but those people of color seem to enjoy mental or at least the numbers back it up that menthol cigarettes are favored by people of color. Um, why that is, I don't know, cultural thing. Maybe you got me. But it surprised me that at the time when the FDA made an announcement just to go after menthol cigarettes That there was a more outcry from civil rights leaders. I really expected more, to be honest with you with, you know, our current times, I thought, Wow, that's that's going to bring up some issues. It really hasn't and again it goes to a flavor. Attracting a kid and they consider meant all of flavor That's going to be, I think. Tobacco in the end run will be all you will be allowed to Vape or access to, um I believe menthol will go by the wayside, too, because that is strictly additives. Well, even in vapor. You have to add something to make tobacco taste. So you're adding a flavor of flavored cigars. Now you know if you can also buy flavored cigars in the cigar store and are granted it's going to cost you 8, 10, 12 $15 or more a stick. Uh and that's pretty high end. But how come you can they can go after flavored cigars in that realm, but not and I don't want them to, but to go at them into cigar store, for example. Um, you know, the LA cigar lobbying industry is very, very large. Um, it's been a battle. I don't know if they're going to survive this one to the flavored cigars. Um They are really being targeted as well. You know, we've tried to fight side by side with them. You know, it's the same standard as I'm an adult. Why don't I have my right to choose? Um But again, I just Scott. I just keep going back to such a sad day. Uh, for the industry, the adults Um, yeah, I don't know what to say about the final point on this, too, is now there's a lot of journals are like 40 50 different papers on this, but the American general public Health. Uh, and this is co after by the past presidents of the Society for Research on nicotine and tobacco, they sound like pretty smart people You're talking about half of them are from the UK have from the U. S. And they came out and said they can't understand it, either that the public health community is guilty of downplaying the potential Vaping to help adults who are smokers to quit smoking and are exasperated. The US public's understanding of the risk of Vaping has deteriorated because of poor messaging. And misinformation from public health agencies that says it all right there that do we need any more reasons to distrust the CDC to distrust the FDA. Especially now, what we know about covid and the misinformation that came out from them. As opposed to Facebook and social media. I'm talking about misinformation from people like Fauci and and everyone down the line for that matter. The problem here is FDA, CDC. I agree. I've been screaming this since the start of Covid. I'm supposed to listen to these guys when I know what goes on another one. I've I've been waving that flag for awhile. Politics, man politics. Hey, I know you got to get going, Jeff. I always appreciate Jeff Kathmandu. Find out what happens here, Jeff Kathmandu from Cincy Vapes on the show this morning on 700 wlw All the best buddy, be well. We'll get a time out in and news in the picture in just minutes here. How much do you trust the FDA and the CDC. Now, after hearing this, even if you I'm not a I don't wait. But, um I'm also I'm also freedom loving enough to go. Millions of people seem to enjoy it. Um, if there's some risk they're they're assuming it They're over the age of 21. What businesses of the government to say. You can't do this without any proof for that matter. And we allow this to happen slowly. 700 wlw..
WAAM Talk 1600
"last april" Discussed on WAAM Talk 1600
"Could be okay. Could be okay. I mean, you know when they hit the fourth or fifth, right? No, they want to stay off of those places out there on the east side of FC, uh, Um, motels there, but the third right? It's okay. Get over there and telegraph road. Amazing rhythm aces. And third great romance on alternative bump music. Friday. I'm thoroughly next. Thank you for listening. I really crazy core radio program. I made it myself in metal shop class. And I'm glad you're having fun listening to it. I wanted to share something else with you. Of course I I share things with you all the time. Oh, here it is. That's uh That's what you've come to count on. I come here and share things with you. Now. I can't believe what I'm reading. I'm shocked today by a couple of stories. This one here really shocks me. There's a lady laying on the floor. This comes out of, uh, What's this off of? This is a P laying on the floor. It looks like one of those yellow police line tapes. You can't go by. She's literally laying on the floor with a mask on She's trying to get some kind of treatment. What? What? They're trying to what they say. Here is demand for Covid anti body drug sore In hard hit states, so they're making out to be that these are Well, monoclonal antibodies. That I've been screaming good stuff about since last April. They work, boy. Do they ever Greg Abbott Governor Greg Abbott in Texas, Uh, got it. He's he's getting it right now. They actually really work. Well there, uh, lab created antibodies. There's a couple of different ones. Regeneron's got one. Uh, I think Eli Lilly I made the one that they hit me up with. But anyway, it it really works. This is what they should have been concentrating on all along. Yeah, uh And they're not so right now I hate to say it, but it looks like they're having a shortage of it. In fact, people are laying on the floor. People infected with Covid 19 were captured in a photo this week lying on the floor in pain. While waiting for antibody infusions at the treatment site set up in a library in Jacksonville, Florida, Uh, what's going on in this fabulous country of ours? The country that I love and adore I love America. I'm just seeing it. It's so sad, Sad had they been concentrating in the right areas. We have so much of this stuff, we wouldn't be able to give it all away. And this is the real real real way to treat China murder virus. You hit it with antibodies, not some antibody that you create, because your body is creating a an antibody for a spike protein, which is not creating antibodies for the virus. Don't be confused. The Games your ass that is not creating an antibody for the virus. Those those vaccines they gave you. Those are antibodies for the spike protein. There's a big difference. So I can't believe this story. We'll talk about this on Monday. You're on the edge. It's alternative bump music Friday. Yeah,.
Talk Radio 1190 KFXR
"last april" Discussed on Talk Radio 1190 KFXR
"Turned the gun on himself. I don't care how many police officer had would not have present prevented that incident from occurring last April cause the rest was freed from jail on bond for felon in possession of a weapon. He was reportedly in a bar on Richmond High on meth. In October of last year, he got a bond for criminal mischief. He allegedly tore up a motel room. He had a third bond for criminal trespass at a site fair fire station. Things are just happening all over and you just have to do everything that we can within our capabilities to keep people safe and then encourage people to do everything they can to keep themselves safe. Yeah. That that's that's the answer. Things are happening all over. Yep. You know, it's real hot outside and all. Um, you know, drink lots of water. Where? Yeah, We're all everybody just, uh Just just drink a lot of water against a spat. All over is, uh You know, we don't know what's happening. Just people. Maybe if we have more gun control than all these people who illegally have guns. We'll have more laws so that that you will then be harassed by the government. But, um Just focus on racism. And, um, we'd like to remind you that you know Kind of be safe. And, um, you know, when you go to the bank look around because bank judging is, Is that a Is that a high and just, you know, kind of be careful. And, um, you know, if you see something, um, say something and things and, uh, you know, we're going to get through this, um, where we're gonna get through this because we're all going to pitch in together. And.
KQED Radio
"last april" Discussed on KQED Radio
"I think it's the last piece with the other resources to help districts around the country plan. You know, you mentioned convincing parents do me a favor and convinced me because one of my kids is under 12 and therefore can't Be vaccinated yet What is your advice for elementary school communities where kids are generally too young to vaccinate Wear mask, Which is what the CDC has said Look, I you know, I I think that the C D. C Has, um So let me start this way Number one, they have said, and we have seen it in terms of our own members, which is part of the reason why in May I said that there was no reason That we shouldn't reopen schools fully in September. We know that in school learning is really important. The FTC has tried to figure out ways for in school learning to be reopened since last April, 2020 and the game change the game changer has really been the vaccines and nine out of 10 of my members have taken the vaccines. You know, we so so in terms of kids, particularly kids who are under 12 what we've also learned in January through April and may. Is that when you have the Laird mitigation Of three FT. Physical distancing and of mass. You can really reduce transmission when you or or eradicate transmission when you have the ventilation systems working well. You can create a lot more clean air, which is important for kids, Regardless. So when I say where a mask I know they're uncomfortable. Look, I'm an asthmatic I It's uncomfortable for me as well. But we know that mass wearing washing hands three ft, physical distancing, really, really help. To reduce or stop transmission, and we know the vaccines do the same thing. But what they also do is they helped create herd immunity. So hopefully fights in maternal. J and J will have vaccines that are safe for kids under 12 soon, but at the end of the day, it's really important to have kids in school. I've watched very if I might very briefly. Are you comfortable with older students returning to school without masking? Just as normal as before. Well, I think that older students look at the CDC guidance says if you're.
Longform Podcast
"last april" Discussed on Longform Podcast
"Two thousand thirteen. The details what happened in this hospital the coming hospital in yunan province where these miners were treated which sort of lays bare these crazy findings from this mineshaft and raises all kinds of questions about what this researcher. The lead corona virus researcher at the wuhan suit of raji knew or didn't know claimed or didn't claim about this progenitor potential progenitor virus. They had called. Rit g thirteen which was dug up from that much So anyway it's it's The mineshaft is just this. Absolute kind of refracted funhouse mirror of crazy of what went on major questions. Yeah and i wanna. I wanna return to that in a second as well as the the sort of loosely connected group of people who who uncovered a lot of information. Let's go back for a second and tell me. At what point did this first appears on your radar as a topic. You're interested in covering you. Were writing about corona virus for vanity fair since last april and covering testing vaccine. Rollout all of which is sort of a piece with reporting that you've done in the past connected to healthcare and pharmaceutical industry. So when did you first get interested in this as a topic. You know my editor. I were sort of just kicking around ideas. And we were sort of saying you know some of my reporting for vanity. Fair has been steph. We set out to. Do you know like let's aim here. Some of the reporting has just been what i stumble onto where my sources tell me mom but my editor was like well. You know one of his big unanswered questions at the heart of this is the origin of covid. Nineteen so i was like right. When was this. It was about two and a half months before we pugs. The story and i just dug in and it was weird because for the first time you know all the reporting on covid nineteen has been very very crowded. It's like there's tons of journalists people fighting for the same sources huge competition. But i got into the story and i was kinda like. It's not such a.
LOVE SOMEONE with Delilah
"last april" Discussed on LOVE SOMEONE with Delilah
"Percents off with me on love. someone today. Is somebody kelly. I gotta say. I never would have thought of doing a podcast with you but my sister came to me and said oh my god says you are going to love this woman. She is the real deal. She's the hot ticket. She's as real as a heart attack. And that you've got just a heart of gold. And i'm like tell me more. And so welcome kelly to love someone with the lila. Here i am the queen of sappy love songs talking to the queen of the race track. That's quite a quite a mix. Isn't it quite a mix. You have a new book out and i just want wanna i want to hear it all. I wanna hear your story. I want our listeners to hear your story. i haven't had a chance to read the book yet. My sister did and she said oh yeah she gets real so tell me your story. Yeah so my paperback for the book. Drive nine lessons to win and business in life Just recently came out in the last couple of months and delilah. You've i believe you've written several books and There was no timing like last april seventh. Twenty twenty when my hardback released at the onset of dacoven pandemic so was no fun. The fact that you couldn't go on a book tour you couldn't go travel around. You couldn't do all those things that we do. When we release a book that had to have just like taken the wind out.
Daily Tech News Show
"last april" Discussed on Daily Tech News Show
"Mentioned government digital coins as one of the trends to watch. It's still probably a few years off. The bahamas has already launched one. Called the sand dollar and china has been making strides with its dc. Ep program administered by the people's bank of china. Pboc let's advance for china will be to give out a total of forty million yuan's worth of digital yawn split among two hundred thousand people in beijing. These digital red envelopes will each have two hundred. Yana person which is about the equivalent of thirty one dollars. Yes you can sign up for the lottery. June sixth and disbursements will begin june eleventh. All your currency must be used by june twentieth. This is a temporary program. Just to test out the dc. Ep currency will be given out in a lottery and spent just like regular yawn accepted at about two thousand retail locations. So you will be able to find places to spend it. The has conducted experiments in several major cities including shanghai shenhua then and more. Deputy governor lebeau said last april that they are considering letting visitors use digital currency during the winter olympics which is coming to beijing twenty twenty two central banks from thailand and the united arab emirates are also signed up with the to test cross-border use cases for digital currency. This is where the rubber meets the road for me. I know i come on the show all the time looking like starry eyed dummy about about crypto. But there's something about governments who issued their own currencies. Now right have the dollar the one and everything else. They're already doing that. And they have been for in some cases centuries. Why wouldn't why wouldn't it happen there. In other words it's not just gonna be a bunch of crypto companies and people that run blockchain stuff and in between hers and all that it. If it's going to really take off they'll be nationalized currencies and so when this starts to happen ago Now that's when i can start make sense of this like this is not make sense. But make like practical daily sensitive a usable not just a weird speculative market. That's confusing to a lot of people but hard currency in a bank showing you what it's worth spending it on things getting things in return exchanging it and so on. Now we're talking..
KSFO-AM
"last april" Discussed on KSFO-AM
"I think a lot of people have egg on their face. This was an idea. It was first Put forward by Mike Pompeo, Secretary of State Donald Trump. And look, Some things may be true, even if Donald Trump said them. That's the emerging story on the origins of the coronavirus that Hey, all these Journalists and some politicians and scientists have to say I still hate Donald Trump. But he was right. It probably came out of China and probably out of that lab. I think that's but I still hate him. Wanna make sure you don't hate him? He's a bad person. Unbelievable. Hardly that stupid. I starts talking to my parents because I was visiting Grandma, Grandma, my kids. I said one thing that came out of the pen Demi because I realized we're just people are stupider than I would have ever guessed. And as a nation, we're stupid. ERM it's probably no stupider than any other nation. Um, but the human beings just stupid and they make irrational decisions based on all kinds of wacky things that that's the thing I learned the most from the pandemic. Yeah, absolutely true and incredibly disappointing, But the other aspect of this and you alluded to it is and I'm sure there's some sage from history has got a great quote on this, but Of the different kinds of manipulation that there are or go being manipulated. One of them is you react automatically against something or someone. No matter how idiotic that reaction is, but it makes you feel good. Because everything they say I hate everything. Everything you're being manipulated as much as say that politicians, most fervent fans who love everything, he says. That's that's something I hadn't really witnessed before. Until the whole, you know the Trump Derangement syndrome. Yeah, well, the Bite administration's fully on board now with the fact that it was could have been a lab leaking. We're doing a 90 day investigation into that it would seem that they have some evidence to back that up. Um, it would be nice to have access to the crime scene. Everybody's saying we'll never have definitive proof because China is never going to give that and they probably destroyed any definitive proof. But we'll have a, uh a ton of circumstantial evidence. And the more we get, the more more we can convince the whole world that Yeah, look, it came out of there. They hit it. That's the kind of country you were dealing with Their imagine if all of American media and culture had gotten this place last April, say our last less May. Instead of this May how much more pressure we could have applied? How much more evidence probably still existed. There might have been dissidents that had the records that as time went on, and they saw, Oh, my God. The United States has no interest in uncovering this stuff. Screw it. I'm burning it. Who knows speaking the way people are manipulated and react to certain of things. Are you familiar with the good heart of fact, It's been around for many decades. Good hearts law. Have you ever heard of that? I don't think so. Discuss that next segment. Fascinating stuff. You run a business or then? Really, If you're a human being at all, you'll be interested in the good heart. I'm one of those law. You are a human being. Now. Is that descriptive? Or is that a dude's name Goods are persons name? Okay? All right, so he might be a rotten bastard. You know well, that that when I was a little kid we lived. We're in an apartment complex, and the people across the courtyard was the precious family. Their name was precious and they were is mean is prepared. Poles. They were rotten people. Terrible. Yeah. So for all I know, good heart was just this bastard You brought up China. Later, We should talk about China's new Three child policy after after decades of a one child policy, they've got a three child policy coming. But more on that later, Judy and I follow that preemptively. Out of loyalty to chairman she I came up a child short. I hope I don't get put in some sort of a prison making shoes. Wall Street Journal with an interesting article White so hard to fill jobs in certain states. There are places in the country right now, where there are five open jobs per Unemployed person. Wow, money in places where there are three, and then there are places where it's about one for one, depending on the area they live in. It would seem that Um, the more you shut down. Unlike most of the United States is The Wall Street Journal. The size of labor force grew from 2019 levels in Utah and Idaho. Hoping keep labor shortages low. The plain states had among the lowest government imposed restrictions of business activity, nor among the quickest to reopen no states avoided deep job losses. Yeah, it's it's almost all about covert policy If you had if you have still, Koven crackdowns in place, your economy is not growing nearly as quickly as the places that have opened up dog as I've mentioned several times we we traveled out of California and then back into California. Noticeably different. I mean the covert policy stone so Different in Nevada, Arizona and California. Noticeably different when you pull it not just happen to wear a mask, just businesses that are open how open they are, how busy they are, because they they they don't have as many employees and they're not at capacity and everything. It's just It's just a different world. Well, for good reason. Jack and I'm sure your experience that as you're driving along Interstate 10 when you hit the border, I mean in California, you have to keep your windshield wipers going. There's so much cove. It I mean, it just washes over the car. Then the moment you passed the welcomed Arizona sign. Oh, the sky opens up Cove in free of the border. We did eight, the worst traffic jam. I've had Worst traffic jam ever of my life were driving from Vegas to Barstow to spend the night in a hotel in beautiful Barstow and supposed to be a two hour drive was a five hour drive with a.
WTOP
"last april" Discussed on WTOP
"C doc Go vaccinations continue to go into arms throughout the region, and it appears the shots maybe working as covert data continues to trend in the direction we want them to their going down. Among the encouraging results. Hospitalization Numbers, Virginia and DC haven't seen so few people hospitalized with the virus since the pandemic began. Maryland, seeing the lowest number since last October, With counties like Montgomery County and Fairfax leading the way. Both Virginia and Maryland have seven day averages in the mid three hundreds. That hasn't been seen since last April. DC's average 25 cases that not seen since last May and deaths due to covert 19, being seen across the region are among the lowest level seen since it all started feel the numbers of w t o p dot com Mike Murillo w T O P News. Meanwhile, the CDC is following what it calls relatively few Ports of heart issues and teens and young adults after covert vaccination, primarily in cases that I have heard reported, and the two that we have seen at Children's national have been an older teenager structure. Alexandra Yang's of Children's National Hospital. At this point. The cases that have been reported have almost all been very mild and self resolved in terms of the symptoms. In the lab abnormalities that go along with it. Still, yon says, any post covert shot chest pain should be checked out. And anyone with cardiac issues needs follow ups to make sure there's no additional scarring or anything that is hard to detect in the short term. Christi King. W. T o P News late night host Stephen Colbert will start doing live shows again before studio audience on June 14th. But CBS says every person in the audience what to show proof of vaccination before their lead in Colbert is TV's top rated late night host. He's been doing untraditional shows without an audience since March of last year because of the pandemic and still ahead in money news, Tesla begins to use certain technology and developing driverless cars. That Elon Musk used.
Feliz Dia Novo
"last april" Discussed on Feliz Dia Novo
"Mice go Got a legit you single view abuse amigo scope last april. You could pick you up to amazon black of interesting style. A lab was a because new. Marcus have they. Color of ziplock ruled two. Plus day laughed gingy. Sissy century. Bundler says players zuma goyes up being through diverse. If you before sitting digest approved so i was you l. bataille dares to yes nicholas. The dodgy eels via full molloy's from running at there. You go up sinclair laws. Work is yours. Don't we think about a month. Asset the bully mile to my seniors via school ks muscle. haley's yours. I think they go by god with them. One is money if he of luke. Luke craze was the boys got the dvd or simply through bills job. Three six three six. They've got these guys. As we speed into his yasser hope was oh and live or going to temple. He's is he added swinton. Uptick docu bickel. Who wasn't a partier. The incident s apply to said school with role but he has the dow the could apply to get through our siler james to this disrespect for my side really badge. Plus denisot gouda will visit cuba. There's to this. The upper stage i do. These cloud scare day to give them a with couple mil mice busy. We'll be make that you will courses to fit email. They should allow sean our gas equity. So what is the club's ideas who's you bet at three. Got up with that. That could don't look into the city. Because y'all w those field board will be there so if i zero ball you east through the years me back putting large throw. How could you get older dispatch. So we'll talk with the bucks a love the lose. You'll love the soul. But vice davis. If try what is their poop cloudy soc shingle seal of visas. Fluids was a to z with cloud him. We we'll see apple apple is set. You have sought to say to what people look. Fuzzier plays a oppose. say school. A compare the muscleman while s what did on to deal with this though is there is a few those two so allowed to achieve was allow. Cheever could soon be cleared. Fear speed lost homeless. But i see this who la buse w will an quasi cheerful but this is my view. He's still live. Who will do who miss. Follow the died. April mentioned segmented are higher than sucked out got live i picket line. They believe.
We Need To Talk About Ghosts
"last april" Discussed on We Need To Talk About Ghosts
"Ended it of course on a seventh as we do each and every week to wonderful patriots so yes guys if you want to go listen to a paranormal show about people from the dead ghosts. Basically talking via social media during the likes of patriot dot com forward slash. We need to talk about ghosts. So that's thanking the patriots out the way shall we have a look at what we'd wonderful things have been happening in the last seven days. I said that quick. Can i say cooker. Let's see show ever look at different things have been having earned aetna to it. Let me try one more time. Go coming over look. Try it again. Shall we have a look at the last one now. You know well as we can win yes. It's wonderful time if the week. It's north come round quick. doesn't it anyway. It's that wonderful time of the week. When we get to look wonderful. Things have happened in the last seven days now with big. Thank you to our regular contributor. Lucy white she sent over something which we don't do too often on the show and that is of course alien big cats be sees as they're often better known anyway. The beast of exmoor has been caught on video and that's an actual beast in the village of x. Small yes it's not like a very posh way of saying extra. It's not so many covered in a skin complaint under a beast. No it's actually a beast in x. More yes and the article says a couple have captured what could be the clearest footage yet of the beast of more as the big cat. The size of an alsatian was seen stalking the english countryside. Recently lisa and her fiance nathan der have to get the same old on. They can't be as if the same surname. Either that or they're inbreeding gold. Go out no. I don't think it is now must be an era in the article. Anyway they were at one morning last april when they spotted the large black animal run across a field outside the oval source set. The thirty two year olds claims. She was so stunned by the citing. She forced to do double take and claims. The size of the creature meant you was able to rule it out but being a fox or domestic cat. She claims it would have been covered by the talent grass. If so on the days before the neighbor claim to have spotted a big black cat in the same field but lisa says she remains unconvinced until she saw with their own is admitting. Until you see you don't believe it. Footage of their unexpected citing shows a four legged animals stalking across a field stopping to listen. Look around before disappearing into the distance. The clip convinced many of those who saw it that they have seen a wild big cats all the people for reference shed videos of normal house cats at a far away distance to show. Just how big this cat is. Now i will put the footage of this on the facebook group. Yes head over to. We need to talk about goes.
No Agenda
"last april" Discussed on No Agenda
"Now all of a sudden oh it's very effective against the be one one seven variant. I don't understand why he says that. That's not in the marketing plan. The whole idea is for the very to be the problem. And that's what this Professor of public health of edinburgh university says like we're trying to clean up the mess under leaky faucet. We have a very unscientific red list. Approach to what countries you are you have to manage quarantine which ones you don't so in scotland. All countries required to manage fourteen. Because we don't know where the next variant is coming from and also india for example it has the highest cases now in the world. It is not on the red list. So i think right now. We need to look at three things going forward. The first is you know border restrictions to protect our domestic progress. Keep the economy moving forward. Keep schools open. The second thing is vaccinating the world getting vaccines out to people and all parts and not just in britain but this is no over to. We actually sold it everywhere and the third is the scientific progress on a universal coronavirus vaccine. So a vaccine that can deal with all the barons as well as potentially different strains which could be considerably different. This is gonna be the year of the variant and is more and more very emerged. It's like poke amman. We just gotta catch them all and have a vaccine. That can do that. It's like poke them on. We just got catch them all so it's going to be the year of the variants. I think she's right. And i think she's jumping ahead of. She's jumping ahead of the script Although dr fauci says we've got that that pesky be one one seven we've got that one licked. Let's talk about various. What are they exactly. Dr drew still does this. Podcast he seems like a pretty straight shooter when he's wrong. He admits it He's definitely not politically motivated. I don't think in his analyses and he had dr kelly victory on the show. Who sounds like a republican superhero But she is a doctor and she discussed the variants or mutations. First of all all viruses mutate. That's a fact of life. The great news is when they mutate. They become weaker less-virulent usually in the history of mankind. Me i defy anyone that this is one of the things that's really bothered me about. The the lay press the mainstream media and even those people at the helm would talk about these quote. Dangerous variance variance will become more contagious. It's a survival mechanism for the virus. As it as a new tate's it becomes more contagious and less severe. That's how the virus continues to stay alive or to stay in existence because it doesn't behoove the not that an personifying a virus could it doesn't behoove the virus to kill a larger and larger percentage of hosts because it will end up becoming extinct so mirus all mutate but they become weaker as they do. We have no reason to believe that any of these viruses will escape the vaccinations or frankly the other treatments like hydroxychloroquine will or your immune response so that sounds right and it sounds like a perfect setup for more pcr tests. That's the doing candidate. But let's mentioned something that we mentioned or year ago. Which is the original thesis that the that the nobel prize winning in medicine french doctor said yes that this this virus was created in the lab and he saw what it was how is created why it might have been created and he said. Don't worry about it because it will mutate and slowly revert back to what it is possibly originally a common cold and that's what it seems to be doing. It seems to be mutating. It used to be reverting back to. It's what it you know. The base level of of a corona viruses. The common cold that is the communist of all the corona viruses. And once you find him bats. And and i i what i'm saying i i there's the you can look at the charts. All the cases are way up in the deaths are way down because nobody very few people die of common cold. We also never heard from that french doctor again. Ever he's gone wiped from the face of the earth. Dr kelli did bring did touch on that subject. This virus had and the from a wet market in china. That story. I actually thought that was plausible. Frankly having spent a lot of time in those wet markets myself in china and seeing what goes on there As soon as we had access to the actual genomic information about the buyers who became very very clear to me that that was not the case that this was a lab modified virus. I make no. I won't say whether or not how it was. He got out whether that was purposeful or not. I have no idea. If it was a lab error just abject incompetence or something in between. But i have no question that this was a lab modified virus it was not naturally occurring. She might be going to visit. The french should doctor sue gun. Get her out. What i got her up upcoming any means possible. What i love about big pharma. And they're a total paid for stooges through advertising in the mainstream media and of course the biosecurity state and everything that goes along with it is when they kind of get caught and called out on something. That was just so ridiculous. That was being called ridiculous from day. One namely you can get covid from surfaces it you know. They don't do big reports saying good news everybody. You can't get from services so this is good. This is very positive we learn something. Hey we made a mistake now. No no instead you give it to the joke writers at the biggest stooge of all at cbs this cia. Broadcast system stephen colbert and this is how you handle it. As more new big cove news you can stop clorox senior groceries because yesterday in a phone. Call the cdc acknowledged what scientists have known for months the risk of contracting the virus from touching a contaminated surface is less than one in ten thousand in unrelated news. Anyone looking to buy a box of wipes traded a kidney for these last april..
Heartland Newsfeed Radio Network
"last april" Discussed on Heartland Newsfeed Radio Network
"A have kind of an issue with that persecution of christians has been absolutely non. Stop for as long as i'm aware so as far as i know. Christians fundamentally believe that there is this soul that makes all people equal fundamentally on an absolute creation level of reality and we have always had a different tier of humanity that is capable of Getting away with things that no soul is capable of doing Whether it's the politicians the lawyers the police that we have this other tier that does not abide by the The fundamental and very amiable belief structure of Holding these truths to be self evident that we are created equal. Okay that's something that the state does to everyone. That's not a persecution of christians prescription of people and It's it's certainly flies. It doesn't fly in the face of status beliefs that but it does fly in the face of christian beliefs. Well i if you're going to say. The christians haven't been persecuted. I'm going to say the. Us industry everyone has been persecuted and that includes all the christians. Yeah you know. I tend to agree a. Let's go on with the article. See if we can get some some of this Get through here. We are all still waiting for the powers that be to loosen the reigns instead. They're extending deadlines and moving goalposts belong. They wait to let up the bigger. The coming anti-government backlash will be. Yeah and you're up there. They're protesting the court's ruling again. And again that these Lockdowns are unacceptable. It just keeps on happening. But you know i mean it's strange but it seems like the executive branch just doesn't want to let go at the beginning of this nightmare. People who were vocally. Anti lockdown found themselves mocked and caricatured. Yep last april after protests started. My hair done right. Oh yeah you're just wanna haircut right well. These people weren't being listened to. That's why they had the right to burn down businesses. I mean why do you think mean now. Where do you think hairdressers get their income from haircuts pay things last april after protests started to pop throughout the country actor patent oswald tweeted and frank spent two years hiding in an attic. And we've been home for just over a month with net netflix's food delivery and video games in there people risking viral death by storming the state capitol buildings and screaming.
The Charles Moscowitz Podcast
"last april" Discussed on The Charles Moscowitz Podcast
"Pro athletes in one case was a white guy who probably know what matt ryan had profuse apologies and so on on the other hand it would do an indie. Nfl player shawn watson. Just double down and the owners of the philadelphia. Eagles are jewish and they didn't care and it just this this double standard and well. I mean that's you know it's one thing to make some stupid comment like that but if you're if you're a left wing congresswoman from detroit saying that thinking about the holocaust makes her feel all warm and fuzzy. That's not a problem that everyone circle the wagons around her. Well look at quo active. He will he will resign. And you know. That's that's i think that's distraction from the real scandal of course and in fact Josh bernstein brought something up about that. Which i can't remember hustle. Listen listen to the show while it still it With is something else going on something brewing in new york state that has to do with. I think the election. But it's some kind of crap that that doug cuomo has its hands in that is in a way they're they're bringing up the The sexual harassment. Stuff as a way to divert maybe in the same way. The been guarded up against bill clinton because the the china scandal is coming up. You know the fact that he was taking money from the The lippo group and this other guy you know. Pouring money into his coppers and it was you know any basically trading that for american secrets and military. Will they big lou great scandal so instead focus on monica lewinsky. So i picked up. Maybe you know this is like it's kind of like a. It's a it's like a three card. Monte we know with the with a sexual harassment because i mean komo of he's obviously guys a pig and and but that's been there for a long time now all of a sudden we're getting into it. I think it's like look here. Look here what's of don't took it. They're dumping under there. And and you know sure. I think he's going to be pushed out. But it's not going to be for the right reasons and it is going to cover up not so much the scandal that josh bernstein starting about i think the big scandal is the nursing home scandal. I think that's bigger than people without a. And i were talking about this last april last name and now all of a sudden it's coming out a kind stop focusing on it. Even that liberal attorney general talking about it because it they can't keep pronounced. You can't hide it any longer. It's just like in a way. The i noticed that I have to watch lester. halt. I watched it so you don't have all.
KSFO-AM
"last april" Discussed on KSFO-AM
"So is it a prerequisite that every teacher dick vaccinated before you reopened public schools in person? No. But should we be aligning vaccine prioritization and vaccine availability with in school learning, of course. I wanted to dig in a little two on the given Take that happened in Chicago before they reached their tentative agreement where the mayor basically said Look, the schools are safe and the union basically said No, they're not. They're not safe enough. And there's been this public perception around that, or at least it seemed like it at times that the union is being portrayed as kind of the bad guy in this fight. Are you worried about that perception going forward? I worry about this recklessness about trying to picked educators versus kids, and unfortunately, the mayor in in Chicago did this. There is Ah, there there. There is a healthy skepticism. In district's that have had austerity heaped upon them. That things that are going to be promised are not delivered. And so for the mayor to be a stand up and say, Trust me, this is going to happen. When we have years and years of austerity and disinvestment in Chicago. People didn't trust it, they said. Let's actually make sure we have this in writing and that it's enforceable and the mayor didn't want to do that. And so ultimately got they got to a point where they did that. But it was really unfortunate because it was on Lee. After there was a strike vote that the mayor took these negotiations seriously. If the mayor took those negotiations seriously weeks beforehand, it would never have gotten to a strike phone and so ultimately look at what happened in New York City in New York City. We negotiated Ah, whole set of safety protocols. That would make school safe for re opening up in school learning and, frankly, around the country. Parents get that if teachers believe that it's safe that is going to be safe for their kids. Do we know that in school learning is really important? Yes. Where schoolteachers We would have told you before Covert that remote education wasn't so great, but we need to make sure that it's safe and part of why we have been Negotiating and putting up plants since last April is because we knew that it was really important to have in school. Learning for kids to develop relationships developed resilience, but we also know for our kids for our parents and for ourselves. We need to be safe. Ready. One garden, President of the American Federation of Teachers. Thank you very much for your time. Thank you so much. Really appreciate it. You're listening to the Fox News. Run down. Stay tuned for Armstrong and Getty, starting at six. Talk radio. 5 60, ksfo. Yeah. Hey, listen to this. Last Tuesday, I was robbed lying. A thief broke my car window, took my laptop and ran off. Released. That's what would have happened if I didn't have vivid is dead. Here's what really happened. We've walked up my vision camera detected him scared him and he ran away. Hi. Vivan Security system doesn't just record crime. It actually prevents it with a flashing red light and a whistle. And the best part is I can check in on my home from anywhere right from my phone. Whether I'm at the gym, the office thanks to vivid all.