35 Burst results for "Matt Small"
Aunt Retells the Tragic Story of J6 Defendant Matthew Perna
"Rest of your holiday weekend and please enjoy the show. Well if you listen to my show before I don't know if you just tuned in or when you tuned in but I was telling a story about these new January 6 videos which now clearly tell an entirely different side of the story I said a lot of stuff happened on that day we've talked about it candidly fairly on this show for a very long time what bothers me is the left was looking to hide an entirely different side of what happened that day not us it was them doing because they don't want you to see the entire story they want you to see what just died and one of the stories is about a really tragic case of a gentleman named Matthew Perna and here to discuss that is a good friend and a real warrior his aunt Jerry thanks a lot for taking the time we really appreciate you coming on today thank you for having me on well we met through police tapes this movie we did and I remember seeing you on the Dinesh had sent me kind of a screener rough cut of the movie and I'm watching you talk about Matthew and what happened to Matthew and my wife I looked over and she couldn't take it neither could I it was such a horrible story if you could tell the audience what happened with Matthew let's and yeah just just tell them what happened your your version of it is really kind of tough to listen to but everyone needs to hear it well Matt went to the Capitol on January 6th he thought going he to was be part of a celebration that day the crowd was big and he got you know into the crowd and it was announced that Mike Pence had certified the election results it wasn't exactly what what he had planned and as the crowd moved forward they went to the Capitol and he was in a huge crowd of people people and he did go in he went inside a door that had been previously opened he walked around inside the building filming from his phone and he walked out he went back to his hotel he made a live Facebook video talking about the day the video is still visible on our website he was very calm and cool just talking about the day and he he made a comment that he said Mike Pence proved himself to be a traitor today and he said but don't worry don't worry this isn't over yet and that was basically the way he said it and about a week or so later I'm sitting on my couch in Florida maps up in Pennsylvania and I saw a post Facebook that said the FBI had posted pictures of people from January 6 so I clicked on the link and I was scrolling through the photos and lo and behold there's Matt's picture and I was speechless I didn't know what to do so I called one of my brothers up in Pennsylvania and I said you need to go to Matt's house first thing in the morning his picture is on the FBI website so six o 'clock in the morning warning my brother shows up at Matt's house and Matt already knew that his picture was there and he and he had contacted a retired police officer and asked him what he should do he told him to call the local office saw the FBI in Newcastle Pennsylvania so at nine o 'clock in the morning that's exactly what Matt did and Matt seriously thought this was all a huge misunderstanding he just needed to explain that he didn't hurt anybody he didn't break anything and he thought this would be resolved and so the FBI came out to talk to him and I had a couple of my brothers there present as witnesses and they listened to Matt's story and they made it seem like yeah I was just a misunderstanding and they left and Matt called me and I said you know I don't like the sound of this I said I'm coming home so I a got on plane and I flew home that week and I said we need to get you a lawyer and we did we got him a lo lawyer and and behold the FBI showed up and arrested Matt that week while I was there and they took him in and they processed him and they may let him go he was not placed in custody he was told he had to report to somebody if he were to leave the was charged with four misdemeanors the regular ones the rating disorderly and conduct and we met with his attorney his attorney said oh this is nothing this is just a slap on the wrist you've never been arrested for anything before don't worry about it I've got this well then they slapped 220 of the J sixers with the felony charge of obstruction of an official proceeding and that's when it got serious but his attorney was still saying don't worry this is this is nothing so somebody sent me video that they had of matt outside of the capitol at 2 55 in the afternoon and I says well that's almost 45 minutes after congress adjourned you hadn't even gone inside yet he said no so I thought well there's your evidence right there it's right there on video you didn't go inside you didn't obstruct anything so I sent it to his attorney and his attorney said it nope doesn't matter they said he was there so it was an obstruction and and that video isn't going to help so this was a start of a nightmare a nightmare watching matt worry and deteriorate because the newspaper facebook social media everybody was brutal they were showing the video from january six that everybody has seen countless times and calling it an insurrection and matt's community turned against him his business which he ran through social media was taken away from him all of the accounts were he disabled and didn't want to leave his house anymore and he would have meetings with his attorney that were you would have to go into the attorney's office and they would meet with the judge via zoom because of the whole covid mess and they would cancel those meetings at the very last minute every and postpone them and it would just wear on him because he would prepare himself mentally what he was going to say and they would say up it's been canceled and this went on for quite some time and um that was deteriorating something awful he no longer ran he was a runner he gave away his television because he couldn't stand to see the news anymore with his picture on his dad was who is my oldest brother has parkinson's disease and it was affecting him something awful and matt felt very guilty about the effect it had on his dad and as the year was coming to a close it was almost christmas matt had lost a ton of wait he was vomiting blood at this point and he told his attorney just i just need this to be over what's the best way for this to be over his attorney said plead guilty you're looking at six to twelve months in a federal prison camp minimum security and matt says okay what then i'll that's do and matt was going to he told me i'll turn it into a positive he said i'll teach my fellow inmates help them get their geds i'll work on another degree for myself at the time matt was very intelligent and very giving so that was settled and the hearing was scheduled for march the third and a week before the hearing matt called his attorney and he said i just have a bad feeling it's just a counseling came over me so that's the day my mother died march the third his attorney says well matt i have bad case they've postponed your your hearing again to april fool's day and the prosecution is looking to add a sentencing enhancement of terrorism and this could have taken matt's sentence to nine years in jail matt called me on the phone sobbing that day uncontrollably sobbing sobbing i could not hardly understand him he kept telling me he he loved me kept apologizing to me for losing all of my friends because i lost every friend i almost almost everyone i ever had over this and i told him don't worry we're going to get through this together don't worry god's not going to let you go to jail i promise you this and he told me he loved me i told him i loved
Shocking Video Reveals Hidden Truth of January 6th Incident
"Dan Bongino. Well, if you listen to my show before, I don't know if you just tuned in when you tuned in. But I was telling a story about these these new January six videos, which now clearly tell an entirely different side of the story. I said a lot of stuff happened on that day. We've talked about it fairly candidly on this show for a very long time. What bothers me is the left was looking to hide an entirely different side of what happened that day. Not us. It was them doing that. It's because they don't want you to see the entire story. They want you to see what just happened on one side. And one of the stories is about a really tragic case of a gentleman named Matthew Perna. And here to discuss that is a good friend and real warrior, his aunt, Jerry Perna. Jerry, thanks a lot for taking the time. We really appreciate you coming different on story. Well, thank you for having me on. Well, we met through Xtapes, this movie we did. And I remember seeing you on the, Dinesh had sent me kind of a screener rough cut of the movie. And I'm watching you talk about Matthew and what happened to Matthew my and wife. I looked over and she couldn't take it. Neither could I. It was such a horrible story. If you could tell the audience what happened with Matthew and just tell them what happened, your, your version of it is really kind of tough to listen to, but everyone needs to hear. Well, Matt went the to Capitol on January 6th. He thought he was going to be part of a celebration that day. The crowd was was big and he got into the crowd and it was announced that Mike Pence had certified the election results. It wasn't exactly what he had planned. And as the crowd moved forward, they the went to Capitol and he was in a huge crowd of people and he did go in. He went inside a had door been that previously had opened. He walked around inside the building filming from his phone and he walked out. He went back to his hotel. He made a live Facebook video talking about the day. The video is still visible on our website. He was very calm and cool just talking about the day. He made a comment that he said Mike Pence proved himself to be a traitor today. And he said, but don't worry. Don't worry. This isn't over yet. And basically the way he said it. And about a week or so later, I'm sitting on my couch in Florida. That's up in Pennsylvania. And I saw Facebook posts that said the FBI had posted pictures of people from January 6th. So I clicked on the link and I was scrolling through the photos. lo And and behold, there's Matt's picture. And I was speechless. I didn't know what to do. So I called I called one of my brothers up in Pennsylvania and I said, you need to go to Matt's house first thing in the morning. His picture is on the FBI website. So six o 'clock in the morning, my brother shows up at Matt's house and Matt already that knew his picture was there. And he had contacted a retired police officer and asked him what he should do. And he told him to call the local office of the FBI in Newcastle, Pennsylvania. So at nine o 'clock in the morning. That's exactly what Matt did. And Matt seriously thought this was all a huge understanding. He just needed to explain that he didn't hurt anybody. He didn't break anything. And he thought this would be resolved. And so the FBI came out to talk to him and I had a couple of my brothers there present as witnesses. And they listened to Matt's story and they made it seem like, yeah, it was just a misunderstanding. And they left and Matt called me and I said, you know, I don't like sound the of this. I said, I'm coming home. So I got on a plane and I flew home that week. I said, we need to get you a lawyer. And we did. We got him a lawyer and lo and behold, the FBI showed up and arrested Matt that week while I was there. And they took him in and they processed him and then they let him go. He was not placed in custody. He was told he had to report to somebody if he were to leave the area. And, um, and he was charged with form for misdemeanors, the regular ones, the parading and disorderly conduct. And, um, we met with his attorney. His attorney said, Oh, this is nothing. This is just a slap on the list. You've never been arrested for anything before. Don't worry about it. I've got this. Well, then they slapped 220 of the J fixers with the felony charge of obstruction of an official proceeding. And that's when it got serious. But attorney his was still saying, don't worry. This is, this is nothing. So somebody sent me video that they had of Matt outside of the Capitol at two 55 in the afternoon. says, And I well, that's almost 45 minutes after Congress adjourned. You hadn't even gone inside yet. And so I thought, well, there's your evidence right there. It's right there on video. You didn't go inside. You didn't obstruct anything. So I sent it to his attorney and attorney said, Nope, it doesn't matter. They said he was there. So it was an obstruction and that video isn't going to help. So this was a start of nightmare. a A nightmare watching Matt worry and deteriorate because the newspaper, Facebook, social media, everybody was brutal. They were showing the video from January six that everybody has seen countless times and calling it an insurrection. And that's community turned against him. Um, his business, which he ran through social media, um, was taken away from him. All of his accounts were disabled and it was house anymore. And he would have meetings with his attorney that were, he would have to go into the attorney's office and they they would meet with the judge via zoom because of the whole COVID mess. And they would cancel those meetings at the very last minute, every single time and postpone them. And it would just wear in him. Cause he would prepare himself mentally what he was going to say. And they would say, Oh, it's been canceled. And this went on for quite some time. And, um, Matt was deteriorating something awful. He no longer ran. He was a runner. Um, he gave away his television cause he couldn't stand to see the news anymore with his picture on it. His dad was who is my oldest brother has Parkinson's disease and it was affecting him something awful. And Matt felt felt very guilty about the effect it had on his dad. And as the year was coming to a close, it was almost Christmas. Matt had lost a ton of weight. He was vomiting at this point. And he told his attorney, I just need this to be over. What's the best way for this to be over his attorney said, plead guilty. You're looking at six to 12 months in a federal prison minimum security. And mass is okay. Then that's what I'll do. And Matt was going to, he told me, I'll turn it into a positive. He said, I'll teach my fellow inmates, help them get their GEDs. I'll work on another degree for self at the time that was very intelligent and very giving. So that was settled. And the hearing was scheduled for March the third. And a week before the hearing, Matt called his attorney and he said, I just have a bad feeling. It's just a bad feeling came over me. So that's the day my mother died March the third. And his attorney says, well, Matt, I have bad news. They've postponed your, your hearing again to April fool's day. And the prosecution is looking to add a of sentencing enhancement terrorism. And this could have taken Matt's sentence to nine years in jail. Matt called me on the phone sobbing that day, uncontrollably sobbing, sobbing. I couldn't hardly understand him. He kept telling me he loved me. He kept apologizing to me for losing all of my friends. Cause I lost every friend. I almost, almost everyone I ever had over this. And I told him, don't worry. We're going to get through this together. Don't worry. God's not going to let you go to jail. I promise you this. And he told me he loved me. I told him I loved him. And that And I, I can't tell you the devastation that our family has felt. We're a big Italian family. We're very close. We never had any of our nephews or nieces ever in trouble before. And, um, now that some of this video evidence came out this past week, and it seemed I didn't even know it was on Twitter. Somebody messaged me and said, this looks like your nephew. And there's Matt walking calmly through the Capitol past six Capitol police officers just standing there
Monitor Show 12:00 11-14-2023 12:00
"Business stories aren't just about business, they're also about policy, politics, finance, and more. With Bloomberg, you stay informed on global coverage that connects the dots. The Bloomberg mobile app now features Apple CarPlay and Android Auto, so you can get the latest live radio, podcasts, and audio articles in the car. Download the Bloomberg mobile app now to get started. Find it in the Apple App Store or on Google Play. Bloomberg in -car apps are sponsored by Interactive Brokers. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Markets with Paul Sweeney and Matt Miller. Why were the economists so wrong? What are the economists getting wrong? Isn't this a slam dunk time to buy U .S. treasuries? Soft landing, hard landing, no landing. I don't know. True. What the heck does that mean? I don't know. Breaking Market News. An insight from Bloomberg experts. We're going to be in an environment with higher rates for longer. The five day in office work week is effectively dead. It's definitely a good sign that we're not ready to land this economy just yet. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. All right, coming up in this hour, we're going to break down those Home Depot earnings. We do that with Drew Redding. He's a research analyst, covers all the builders and all that adjacent stuff where Bloomberg Intelligence. Plus, we're going to have our C -suite conversation today with Jerome Silvain, CFO at Dexcom. Talk about that company, its initiatives in healthcare, specifically for diabetes. Dude, they've done well, even in the face, at least yesterday, in the face of the Ozempic results. I thought it was really interesting that that stock was able to rally. They were up almost 5 % yesterday.
A highlight from Crypto Wallet How to Transfer Crypto from Exchange (Tangem Wallet 2.0 Review ) New Features!
"We are going to become our own bank, our own security system. We are going to 100 % own and have complete control over our digital assets like Bitcoin, Ethereum, Altcoins, and other cryptocurrencies and NFTs all in less than 90 seconds right now. This is the latest version of Tangent Wallet, a multi -currency, multi -chain cryptocurrency wallet that is the size of a credit card, the most affordable cold storage hardware wallet, and extremely easy to set up and use. Check it out. Opening the box here, we have the three cards with a new sleek matte black design. Next, installing the correct and official Tangent Mobile app on our phones and opening the app, tap Scan Card and touch one of the cards to your phone like so. Next, tap Create Wallet and tap the card to your phone again. Nice. Now that we have a wallet, let's create backups of it. Tap Backup Now and then tap Add a Backup Card and tap the second card to your phone. Cool. Now tap Add a Backup Card again and tap the third card to your phone. Then tap Finalize the Backup Process. And now we need to create an access code to secure the wallets. Tap Continue and then type in whatever word, phrase, numbers, or combination of text you want to use to access your wallet. Re -enter it to verify the access code and then scan the primary card ending in the corresponding numbers on the screen that matches that card, holding you up to your phone until the operation is complete. Then repeat this process for the two backup cards. Sweet! Now your Tangent wallet has been configured and is ready for use. Now we can continue to the wallet, check out the mobile app, learn how to use it safely and securely, and then move some crypto to it. Hello, I'm Crypto Casey and in this video we are going to go over the new features of Tangent's latest wallet and how we can transfer crypto off of exchanges to completely own and control it with this cold storage hardware wallet. Let's hit it! Here is Tangent's original wallet we fully reviewed together on the channel, which you can check out by clicking on the link above. And this is their latest sleek matte black design with some interesting new features. Side by side, both cards are the same shape and size, however the new one is more sturdy with some nice weight to it. Tangent compiled a list of the most requested features by users and implemented them in their new Tangent wallet card. One of the main differences being three different options for private key generation versus only one. So in addition to using the certified true random number generator, TRNG, which generates and stores the keys inside the card's chips, where neither Tangent nor anyone else can see what it is and no copies exist in space and time outside of the Tangent wallet cards. Now with the new wallet cards, we have the option of generating a seed phrase with the Tangent mobile app and importing it to the cards, and also the option of importing an existing seed phrase from another wallet. Cool stuff. So it's important to note that if we create the wallet without the seed phrase option, generating a seed phrase will not be possible later. So we need to carefully consider the pros and cons of each option and decide which one we are most comfortable with long term. Tangent creates a seed phrase through their app on your phone, a hot device connected to the internet, which is not ideal if your phone has malware on it has been compromised or similar. So if we do decide to create a seed phrase for our Tangent wallet, or if we decide to import a seed phrase from an existing wallet, consider disconnecting from any Wi -Fi networks and switching your phone into airplane mode to make sure the process is more secure. Do not take a screenshot of the seed phrase. Instead, write it down on a few pieces of paper to store securely in different locations in case of something like a fire, flood or similar, and then get something more durable than paper immediately for the long term. There are some great offline options for storing the private keys like the crypto steel capsule solo offered by Ledger. This is a solid steel capsule to protect your seed phrase designed to resist extreme conditions. And the BILFODL also is offered by Ledger. BILFODL is a solid steel case to store and protect your seed phrase designed to resist fire, water and more. With cold wallets like Ledger and Trezor devices, the creation of the 12 or 24 word seed phrase is done offline, which is more ideal and secure. However, vulnerabilities and security risks are still present because, as we've discussed in several videos on the channel, if anyone has access to your seed phrase, like if they came across them written on a piece of paper or had access to a Ledger crypto steel capsule or BILFODL with the seed phrase, or if you stored it on a device that can be hacked like your computer, cell phone, or if a scammer tricks you by pretending to be Ledger, Trezor or similar, sending you a fake email or directing you to a fake site and instruct you to give them your seed phrase by lying and saying your funds need to be recovered or something like that, then all the funds on your wallet will be gone. So seed phrases are designed to help us with self custody and to manage our cryptocurrencies and digital assets more easily and restore any lost access to our funds. However, like we just discussed, there are risks. And even if you decided to try and remember it by heart or mix up some of the words, if you unfortunately suffered a brain injury, memory lapse or similar, that's also a risk of completely losing access to your funds. So think about this. Cryptocurrency private keys are generated by elaborate mathematical algorithms where data is encrypted many, many times using a huge amount of computing power. And then the most important key is then just converted into a 12 word seed phrase that can be used by anyone anywhere at any time to steal everything. Right. Important things to consider. So do your own research and never put your eggs or crypto all in one basket or even several of the same types of baskets. Diversification in investments is just as important as diversification of the same type of assets, like spreading cash into several different banks and spreading crypto across different types of wallets. Diversify some digital assets into seed phrase based cold storage hardware wallets like Ledger and Trezor and also diversify some digital assets in different technologically based wallets like BC Vault or Tangent Wallet. With Tangent Wallet, instead of a seed phrase as the only way to backup our cryptocurrency, backup copies of the wallet are created and used on the other Tangent Wallet cards. So let's say we have our Tangent Wallet card and two backup cards. We can store them in different geographical locations in case we need to restore access to our digital assets. And if anyone happens to come across the card or steals the card and even downloads the Tangent Wallet app and tries to access our funds, an additional security layer is necessary, which is where we encrypt our wallets with an access code by creating our unique series of numbers or letters or similar to a PIN code or passphrase. And to protect the wallet from brute force attacks, after each wrong password attempt, an increasing amount of time delay between each attempt is executed. So our crypto remains secure. Amazing. The other new features we will explore apply to both the first and latest versions of the Tangent cards as updates to the Tangent Mobile Wallet app and overall user experience. This includes a new dark mode where we can navigate through the mobile app comfortably in low light environments. So it's easier on the eyes when using it at night or in the dark. It also looks a lot cooler as you can see here on some screenshots. With the new update, we can now sort and group our cryptocurrencies and tokens however we want, whether it be by balance, by blockchain network, like cryptocurrencies on the Ethereum network versus Polygon or similar, or manually in whatever order we prefer to see them. Tangent added an extra layer of protection with an option to hide our balances when the app is open to keep our crypto holdings more discreet without us having to sacrifice convenience if others are close by and can see our phone screen. And they also added an option to turn off access code recovery, which increases security. We can now monitor price changes over the past 24 hours of all of our assets directly in the app to help us make informed decisions during crazy dynamic markets. There is rapid access to buying, selling or hiding a token by tapping and holding it on the home screen. Bitcoin and Ethereum transaction histories also display directly in the app without us having to check third parties like Block Explorer, Etherscan or similar. And Tangent is working on adding more blockchain networks in future updates. Tangent now offers 24x7x365 support so they can answer any questions we may have or guide us on how to properly do crypto transactions with Tangent Wallet no matter what time it is or what time zone we are in, which is huge for beginners just getting in the space. More features are on the horizon like a market data feature directly inside the app, an address book, cross -chain swaps, staking and more support for more blockchains. Brilliant. Now let's transfer some cryptocurrencies off of exchanges to our Tangent Wallet together so we can get more comfortable with the process as well as transfer some back to the exchange to practice for our profit -taking strategy in the next bull run, which you can learn more about in this video guide by clicking on the link above. And after that, we will learn how to connect our Tangent Wallets to Web3 applications like Morales Money, a platform for finding undervalued altcoins before they pump in the next bull cycle. So stay tuned to the very end to learn more about becoming your own bank with complete control and ownership over your digital asset investments simply and easily with Tangent Wallet and a very important free tool we can use when interfacing with Web3 to further protect our funds. Nice. Let's move some Bitcoin we have on our Coinbase account off of the exchange together to hold in our very own cold storage hardware wallet, Tangent Wallet. Open the Tangent app, tap scan card, scan the card, and enter the access code. Scan the card again. And from here on the dashboard, press and hold Bitcoin, then tap copy address. Next, open the Coinbase exchange app, tap the send button, tap Bitcoin, paste the Tangent Bitcoin wallet address into the to field, and tap continue. Enter the amount of Bitcoin we want to send. I always recommend sending a small amount as a test first to make sure everything is good to go. So in this case, we are sending $100 worth of Bitcoin. Tap preview, make sure everything looks good, then tap send now, and it's on its way. In a few minutes or so, when we open our Tangent Wallet app, we will see the $100 worth of Bitcoin that we now completely own and control. Repeat the same process for any other type of cryptocurrency by copying the corresponding address on Tangent Wallet, also making sure we select the right network. Like for example, with Tether, there are many other available networks like Ethereum versus BNB Smart Chain versus Solana and more. And then repeat the same similar process on any other exchange we may have crypto on by using the send function, pasting the address in the recipient field, and checking to make sure everything looks good before sending. The process is actually much easier and simpler than most people think that are new to crypto. And it's a lot like riding a bike. I can try to explain how to ride a bike to you, show you how to ride a bike, and you can read about riding a bike. However, at the end of the day, you need to get on the bike and ride it for yourself to learn. So start practicing transferring to and from different exchanges and wallets to prepare for the next face -melting bull cycle so you can take profits and potentially change your life with some nice gains. And if you want to explore a simple tool any of us can reference to increase the probability of us making gains by buying and selling altcoins at the right time, check out this video guide all about the Morales Moneyline charting tool by clicking on the link above. Great. Now let's transfer crypto from our Tangent Wallet back to Coinbase exchange to practice for when we want to lock in profits by converting it to fiat and transferring it to our bank accounts. Note that you can take profit in stablecoins directly on the Tangent Wallet app without transferring it by tapping on the token, tapping exchange, entering the amount, and tapping swap. There's also an option to sell for fiat using moon pay if we tap sell. However, you will have to set up an account with them which is a good idea so we have multiple options to trade and sell crypto when the market is hot as some exchanges get overwhelmed, freeze transactions, prevent withdrawals, etc. So open the Coinbase exchange app, tap receive, select the crypto, for example Ethereum on the Ethereum network, tap copy, then open the Tangent Wallet app. On the dashboard, tap and hold Ethereum, then tap send. Paste the Ethereum network wallet address from Coinbase in the address field. Select the amount of Ether to send, which as usual start with a small amount to test first to make sure it works, then tap send. After a few minutes or so, depending on how busy the network or exchange are, it will show up on the exchange and from there you can sell it for your country's currency and then transfer it to your bank account. Amazing. Now let's connect our Tangent Wallet to a Web3 application so we can start using decentralized platforms like Morales Money. But first it's extremely important to make sure we are accessing the correct and official sites as well as understanding exactly what is going to happen when we sign transactions to avoid losing all of our funds from a scammer or hacker using a free browser extension called WalletGuard. I've been using it over the past year and it's been working great, popping up warnings, helping check everything out before transacting, so it's definitely worth checking out and giving it a go whether we are new or experienced in the space. For example, if we start interacting with smart contracts like for minting NFTs, when accessing the site, WalletGuard's phishing protection layer executes and warns you if the website might be harmful, if it was created recently, and if it has a low trust score and if we do proceed to do so with caution. And when we do, before attempting to verify a transaction with our wallet, a second layer of protection is executed with a clear human readable warning about what exactly will happen if you decide to proceed with a transaction, like if it's going to drain your wallet instead of actually mint an NFT. This feature alone would have saved me from losing over $20 ,000 when minting an NFT on a fake lookalike website back in the last bull cycle. Absolutely insane. It can also detect and will notify you if the site is making multiple attempts to interact with your wallet, trying to hack and steal funds. So, WalletGuard is a must have as a crypto investor, so make sure to scroll down and use the link below to access the correct and official site to download WalletGuard's free extension to protect your wallet and crypto assets today. Seriously, it takes like 10 seconds and if you'd like to see a video guide all about how it works, click on the link above. Nice. Now that we've got an added layer of protection to keep our wallets and funds more secure when interacting with Web3 apps, let's learn how to connect our Tangem wallet to a Web3 app called Morales Money. Make sure to use the link in the description area below to access the correct and official site, as well as redeem any special offers they have for us. Before connecting, open the Tangem app, tap Manage Tokens at the bottom, tap BNB and make sure the BNB Beacon Chain and BNB Smart Chain options are enabled. That way the connection to Morales Money platform goes more smoothly. Using the link below, when we arrive at the site, we can see a screen full of crypto bubbles that show us which altcoins are up versus down in the latest price action. And in the top right hand corner, click on the Sign Up Login button, then click Login via Wallet. Here we can see a secure login screen where we can click Connect, then click on the option called Wallet Connect here, and then we will see this QR code. Next, open the Tangem wallet app, tap on the three dots in the top right hand corner of the screen, then tap Wallet Connect, tap the Add icon in the top right hand corner, then hold your phone facing the QR code on the Morales Money screen. On the Tangem app, you will see a message, tap Start, and next on the Morales Money screen, we just need to click the Verify button. Then on the Tangem wallet app, on the message that pops up, tap Sign. Enter your access code, tap the Tangem card to your phone, and on the Morales Money screen, enter your email address, and now you're connected to the Morales Money Web3 app. This is a platform with a lot of different functionalities that helps us with finding new altcoins, trading them, and much much more, which you can learn all about in this video walkthrough by clicking on the link above. Just to give you an overview of what we can do with our Tangem wallets connected to Morales Money, we can check out our wallet balances by clicking on this profile picture in the top right hand corner and then clicking My Wallet. And here we can view all of our tokens, and under the NFT tab, we can also view any NFTs on our wallets. Nice. And on the navigation menu at the top of the screen, if we click Swap, then click on the dropdown that says Trading Account, we can click Main Account, which opens up our wallet. And if we click Swap, we can select a token to sell from our wallet to buy another token on the Ethereum, Binance, or Polygon blockchain networks. All straight on the blockchain without having to transfer tokens to and from centralized exchanges. Very neat. On Morales Money, we can also go to the Explore Coins option and choose a predetermined filter like Top Recently Minted Coins with Experienced Buyers. And if one of the tokens seems interesting and you want to gamble on some, click on it. And on the right here, we can instantly swap tokens in our wallet to the new token directly on chain. There are a ton of other interesting tools and tricks on the Morales Money platform with many more to come. So if you're interested in checking it out, be sure to scroll down and use links below to sign up. If you would like to learn more about Morales Money and how it can help us potentially make life -changing gains in altcoins, check out this video. If you would like to watch a video guide about how crypto wallets, seed phrases, and private keys work, check out this video. And to get your very own Tangent wallet, click on the link in the screen. Like and subscribe for more. Be safe out there.
A highlight from Ep409: Top 5 Benefits of Hosting A Podcast - Nathan Payne
"It's kind of difficult to see like what works. So we just put out as much as we can. And I believe with consistency and with the right SEO titles, it's going to grow inevitably grow bigger and bigger and bigger. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. What's up, podcaster? It's your host, Adam Adams. And today I'm joined with Nathan Payne. And he owns a company, Painless Flipping, the podcast Painless Flipping. And we're going to be talking about what he does, how he does it and how his podcast supports his business, because he also does coaching and mentoring to help people flip houses. First and foremost, Nathan, what is even flipping a house mean? Just start there. Maybe the listener doesn't know what a house flip is because they've never driven by and seen a house upside down. So for me, there's like two meanings to house flipping, right? There's like flipping a contract, flipping, you know, a house, right? Or actually like getting a hammer and flipping a house, like getting a hammer, doing the rehab, doing that. I look at both of them the same, right? Like it doesn't really matter the extra strategy. We look at real estate, we get a property and we determine the best way to make money. And if that's flipping the contract and wholesaling it, if that's assigning is another where a lot of people call it assignments or fixing and flipping yourself, like on HGTV. So to answer your question, either one of those. Okay. So HGTV is what we need to be thinking about if we want to know what you do, half of what you do. So I teach people how to flip a contract, how to assign a contract. But again, eventually what you're going to do is pick out which one is going to make you the most money. Sometimes it's going to make you more money to actually physically flip it yourself versus just selling the flipping the contracts or signing it. So, but I teach people that are brand new, how to flip a contract, assign a contract, wholesale it because it doesn't require any capital. There's this guy, his name is Matt Theriault and I used to listen to his podcast a lot. And then I joined a mastermind that he's in. So he's become somewhat of a friend and he's got frequently talks about the difference between a slow dime and a fast nickel. Have you heard that too? I have, yeah. In this case, if you're flipping houses or flipping contracts, like wholesaling a house, why would you choose the fast nickel sometimes or why would that make you more money sometimes? Well some people don't have the luxury to flip five and when I say flip, like physically flip and rehab five properties at a time, right? Because that requires money. So that's the slow dime, right? The fast nickel would be wholesaling it because you have three projects or you have one project and you need to keep the cash coming into your business. So that's the difference. I've had that happen in my business where it's like, Hey, I got marketing spend going out. I would like to flip this house. I just don't have the luxury to do that and on the money. So I need to get the money now. So basically another way to say it is like, you can make a third amount of the money in a 10th of the time. And so in a way you're making more per hour by wholesaling than flipping sometimes. Yeah. Again, it just comes down to what can you do? Like a lot of people overextend themselves and they flip more properties, they rehab more properties and they have the bandwidth to do and they get themselves in trouble. It's the same thing with people that buy single family properties, right? They follow the Kiyosaki model and they're like, yeah, let me just over leverage myself. I don't have all the money and if the tenant leaves or destroys a property and you don't you're in trouble. So you just got to be careful that you keep that cash coming in. Cause cash is what enables the business to keep running. And then you have a secondary business that coaches and supports other people to be able to learn how to make the fast nickel. Yeah. Yeah. And a lot of what I teach is like how to get, yeah, the fast nickel cause a lot of people, they start in what I believe wholesaling, they start the wrong way. They just go and spend a ton of money on marketing and they're like, let me go find a deal. And it's like, Hey, you're jumping past a lot of steps here just cause you can pay $10 ,000 on mail. Like I did when I first started, it doesn't mean you know how to handle incoming leads. It doesn't mean you don't know what price to buy them or who to wholesale them to. So I try to get people to say, Hey look, before you jump into all that marketing, let's make sure you understand the process of finding a buyer to make sure you know what a deal is. Yeah. So that's what I teach people. I did a whole bunch of flipping and all sorts of random stuff, apartments, self -storage units. I did a flip on a mobile home and I learned that you can't sell mobile home parks that were older than a certain year to FHA buyer. And I learned the hard way, but I also tried wholesaling and I did it the wrong way. I didn't use your coaching. The painful way, huh? You did it the painful way, not the painless way. So we had spent five grand a week for three weeks. We got one deal out of it, five grand a week on direct mail, by the way, to the listener who's wondering, this meant that we did these little tiny postcards that I think costs us like 26 cents each ish to get them sent out. And we sent out thousands and thousands of these multiple times to multiple people. And one person called us back. We got their house under contract. We flipped it. We made six grand and then we quit. We never tried it again. We were like 15 grand to make six grand. So yeah, I definitely like that for your strategy, you're teaching people how to make the money without spending as much money, right? Yeah. Cause again, like when I first started, same thing with you, like I actually got a coach and they're like, Hey, mail unknown equity. So we're like, okay, great. He said to mail $5 ,000, let's double it because that will double our chances of getting a deal and making more money. So we spent 10, got about four calls or like five calls. You know, sometimes the response rate mail can be terrible, especially in Utah. It's not very good. But later to find out and we didn't get a deal. So it's like a lot of people starting out when they spend 10 ,000, they're not able to really recover or don't want to recover from that. So for me, like my mission is to be like, Hey guys, you can do that. Just don't start off that way. A lot of good stories saying that they did well, but they don't tell you that they spent 50 K and got a 60 K deal, but really their profit will 10 ,000, but really is a 10 ,000 like after all the time and the heartache and all that stuff. Well, yeah, we had two or three of us that we need to split six grand with doesn't make very far. Does it? I love that you're doing that. Another mistake that I made is I didn't have hire any coach, so we just went and did it on our own just from listening to a couple of podcasts only. I really suggest that if somebody is going to want to do something like that in the real estate industry, like they probably ought to have a coach, a mentor in their corner that could really support them. So you started doing that and I want to understand like how this all works with your podcast.
Monitor Show 12:00 11-10-2023 12:00
"Financial advisors, are you looking to add or switch custodians? Are you going independent? Interactive Brokers provides lowest cost trading and turnkey custody solutions for all size firms. Trade globally from a single integrated master account with no ticket charges, no custody fees, no minimums, and no tech platform or reporting fees. Plus, IBKR has no advisory team or prop trading group to compete with you for your clients. Switch to the custody solutions that work for you at IBKR .com slash RIA. Here's an insight from Bloomberg experts. We're going to be in an environment with higher rates for longer. A five day in office work week is effectively dead. It's definitely a good sign that we're not ready to land this economy just yet. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. Matt Miller here in the Interactive Brokers Studio with Molly Smith. Paul Sweeney is on assignment at Duke, of course. We still have a lot coming up throughout the program today. It's Friday, so congratulations. We made it. You made it. Amazing. Well, you did too. It's also, I mean, I guess we're observing Veterans Day today, or a lot of companies are. We don't have the day off. No, we are very much on. Isn't it a bond market holiday, though? It used to be. I feel like they probably do a half day, usually, so if they're out, it's not up to one. I haven't heard anything about that yet.
MMA Fighter Takes Down Knife-Wielding Attacker
"The video is in the article. The footage went viral several days later leading to Baez making an appearance on TMZ and explaining what happened before, during and after his altercation. The man was identified by police as Omar Marrero and charged with two colonies, according to CBS news. What he likely did not know was that Baez held a 5 2 -1 record as a professional mixed martial artist most of his bouts with fight time promotions. Baez also told TMZ that he holds a black belt in jiu -jitsu, wrestled in college, practiced and has kickboxing for 15 years. So generally, he's a very bad person to pick a fight with, to the one holding a knife. And as they point out, this isn't the first time someone has had a fight. He's a very bad person to pick including an attempted car thief against Kevin Holland, a great fighter, an attempted mugging of strawweight Palina Viana, an attempted car theft against Jordan Williams, a home invasion of light heavyweight Anthony Smith, a drunken swing at Hall Hall of of Famer Matt Serra, a nighttime break -in at ex -light heavyweight champ John Jones' house. Can you imagine? Probably the greatest MMA fighter of all time, certainly one of them, an attempted stabbing of featherweight Maquon Americani's brother in an attempted mugging of legend Renzo Gracie. Renzo Gracie, the Gracie family. family. Unbelievable. There's a reason you see the word attempted a lot a in lot their attempted, because they all got their asses kicked. I'll be back. Mark Levin on 77 WABC. And before by legal media. Attention Marines, military personnel, families and contractors who were stationed at Camp Lejeune. Were you present And at Camp Lejeune between August 1953 and December of 1987, you may be entitled to significant For nearly 34 years, those on the Marine Corps base Camp Lejeune were exposed to contaminated drinking water, resulting in devastating injuries, including several forms of cancer, adverse birth outcomes, Parkinson's disease and more. until Until now, North Carolina's procedural laws have prevented victims from getting the justice they deserve. But passage of the Camp Lejeune Justice Act of 2022 would allow you or a loved one to file a lawsuit seeking compensation for illnesses and injuries. Linked to the toxic water call today for your free consultation 800
Monitor Show 12:00 11-09-2023 12:00
"Business stories aren't just about business, they're also about policy, politics, finance, and more. With Bloomberg, you stay informed on global coverage that connects the dots. The Bloomberg mobile app now features Apple CarPlay and Android Auto, so you can get the latest live radio, podcasts, and audio articles in the car. Download the Bloomberg mobile app now to get started. Find it in the Apple App Store or on Google Play. Bloomberg in -car apps are sponsored by Interactive Brokers. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Markets with Paul Sweeney and Matt Miller. Why were the economists so wrong? What are the economists getting wrong? Isn't this a slam dunk time to buy U .S. treasuries? Soft landing, hard landing, no landing. I don't know. True. What the heck does that mean? I don't know. Breaking market news and insight from Bloomberg experts. We're going to be in an environment with higher rates for longer. The five day in office work week is effectively dead. It's definitely a good sign that we're not ready to land this economy just yet. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. Matt Miller here in the Interactive Brokers studio with Bailey Lipschultz. Paul Sweeney has stepped out. He is flying down to Duke in order to, I think he's going to watch a basketball game. Is it season started? Yeah, it started. Watch a football game. He's got a board meeting. Apparently he promised me if he sees Tim Cook down there, because I think he's a board member as well, he's going to demand that Apple pay a dividend. He brings that up every time. Every time we talk Apple stocks, he's always like, get that dividend number higher. It's on his list. We're also going to talk to some really interesting guests.
A highlight from AFC Favorite & Our Midseason Awards
"Tis the season of making the perfect wish list and the perfect playlist with Bose Quiet Comfort Ultra Earbuds and Headphones. Breakthrough immersive audio uses specialized sound to bring your fave holiday classics to life and world class noise cancellation ensures a not so typical silent night and an epic holiday party of warmth. It's everything music should make you feel taken to new holiday highs. Visit Bose .com forward slash iHeart this holiday season and shop sound that's more than just a present. The one thing we can never get more of is time or can we? This is Watson X Orchestrate AI designed to multiply productivity by automating tasks. When you Watson X your business, you can build digital skills to help human resources spend less time generating offer letters, writing job recs and managing schedules and spend more time on humans. Let's create more time for your business with Watson X Orchestrate. Learn more at ibm .com slash orchestrate IBM. Let's create. Hey folks, you want to tackle new floors in your own home? Let me tell you about LL Flooring. With over 25 years as the flooring experts, LL Flooring is here to coach you through the process. You got to find the right floors at the right price for your project and they're gonna make it easy. As easy as 1, 2, 3 floor. Whether you're looking for hardwood, waterproof vinyl, laminate or tile, LL Flooring has a lot of family floors to match. They even offer professional installation. Visit one of over 400 stores nationwide or shop online at llflooring .com. That's LL Flooring, every step covered. Hello everybody and welcome into the Monday morning quarterback podcast. I am Matt Verderam alongside Gilberto Manzano as always here in the midweek edition of the show. We've got a lot to get to because last week might have given us the best slate of games we're gonna have all week long. We had four games that everybody thought were gonna be great and as it turned out, three of them were pretty good. One of which was a blowout. We'll get to all them here in a minute then of course we have our week 10 lines of five games that we're gonna focus on from our SI Sportsbook odds and then from there we also have the midseason awards that we have to get to as we are halfway home in the 2023 NFL season. Before we get to all that, let's welcome the other man of the tandem, Gil, what's going on man? How you been? Yeah, I'm doing well. Matt, as you know, I like to brag about my wins and complain about my losses and last week was a good week. I went 12 -2 with the picks but I am pretty disappointed that I betted against Joshua Dobbs. What a game, right? Unbelievable. I'm annoyed. You went 12 -2, I went 11 -3 and I feel like 11 -3 should have given me some bragging rights for the week and yet it did not happen. So I will say on the whole, our group, yourself, myself, Connor, Orr, Albert Breer, Mitch and John our editors and Claire, another editor of ours as well that does great work, I feel like everybody's picks have been really pretty good this year. There are some years you look at picks and go, oh my god, I'm barely above 500. Right now, I've got the sheep pulled up in front of me, so the best record is Albert who's 95 -41, went 11 -3 last week and then after that, Claire Kawana is right behind him with 92 wins and then in gold it says 87 wins and then it's myself, yourself, John and then Connor Orr at 75 and 65 pulling up the rear, so Connor's got to step up. Connor is bringing down the credibility of this entire group. That's not bad for last play, so 10 games over 500? His thing is, we all do our upset picks and he's done 50 upset picks. I think I've done like 16. So that's part of the reason, but yeah, the picks are good and of course people that want to can read those over at SI .com, we put them out every week. The editors are nice enough to put that together. All right, so last week, like I said, we had some great games. We had Chiefs Dolphins over in Germany and then we had Ravens, Seahawks, which we thought would be a great game, turned out to be a massacre, Late Window, Cowboys, Eagles, which was one of the wildest games I can remember seeing in quite some time and then of course we had Bills, Bengals at the end, the Sunday night game there and so like I said, we'll get to all those. Let's just start with how the day actually started. Over in Frankfort, Chiefs build up a 21 -0 lead on Miami. Miami comes back, makes it 21 -14. They had a couple drives at the end where they could have tied the game, even taken the lead if they went for two. They got into Kansas City territory both times, but both times ended up going backwards, lose the game. They dropped to 6 -3. Chiefs, of course, improved to 7 -2. Both teams go on their bye weeks. I'll So, let you set the stage here, Gilberto. What is it to you, is it more about the Dolphins that game or is it more about the Chiefs? It is more about the Dolphins because they can't beat a team with a winning record and don't tell me the Chargers are .500 and the Dolphins beat them. They barely got to .500, so I am concerned about the Dolphins, but I don't want to let the Chiefs off the hook, Matt, and I know you've been writing about this, but the Dolphins have been pretty average. It got to a point where now Mahomes is saying, yeah, we sting. We're pretty bad. Go talk about the defense. That defense is carrying us the entire season. You know what's kind of funny, Matt? This season, it feels like the team with the best defense might win the Super Bowl, and the Chiefs still have the best defense right now, it feels like, so it's kind of a weird irony, but you expect better from Mahomes and Kelsey, but the wide receivers, they can't create separation. And it wasn't for that awesome fumble, reverse play, whatever it was from Cook there. They would have probably lost a game there, but what's going on with the Dolphins offense? Averaging 17 points against the Bills, Eagles, and the Chiefs, so I go with the Dolphins there because I feel like the Chiefs could figure it out. It's halfway point in the season, they're just cruising by, and I think something will finally break out there, but I'll let you maybe talk about the Chiefs a little more. But the Dolphins, man, you're supposed to be the most explosive offense, highest scoring, and you can't even get a first down. It's like, do they have too many home run hitters? Too many touchdown makers? How about some chain movers? How about some first down people? How about some quick outs, and just get four or five yards, and everything just feels like a home run, and they don't adjust, and they don't kind of make end game adjustments because credit to the Chiefs, and Tyreek Hill said it too, they covered, there was great coverage on Tyreek Hill, so it's kind of one of those games where like, why not get a tight end that can help you out here? Why not get some guys that can make it easier? How about go to Raheem Oster a little more? He had like 12 carries, and he's averaging 7 .1 yards per carry, so I don't know what's going on with Mike McDaniel on two, and two was pretty bad in that second half there. Yeah, he had the touchdown to Cedric Wilson, but make some adjustments, Mike McDaniel, and stop going for the home run ball, Tua. Yeah, look, first of all, I agree, I think the Dolphins are the bigger storyline coming out of the game. Like, they've now played three really good teams, and they've lost all three of them, and they came back against Kansas City, but they were getting killed in that game too. They were 21 -0 midway through the third quarter, and frankly, if Chris Jones doesn't take one of the dumbest personal fouls you've ever seen, it's probably 21 -7, and we're having a different discussion. I think your point though, man, is good with the Dolphins in the sense of like, there's timing strung off. They're just dead in the water. They have no answer for it, and we've seen that now multiple times, this year and last year. Kansas City basically said, we're going to get up on the line of scrimmage, we're going to get our hands on Tyreek Hill, we're going to reroute them, we're going to cause problems. Look, who knows them better than the Chiefs, right? I mean, they know what can cause some issues, and they actually went back and watched practice tape of a couple years ago to try to figure out how to stop them. They went back and watched how they worked against him in team drills and practice, and tried to figure out some things, and it obviously worked. But from the Chiefs' angle of this, listen, the offense is a disaster, okay? They had 46 yards in the second half of the game in a turnover. But they're 7 -2 in the number one seed in the AFC because the defense is incredible, and they're just shutting people down left and right. If you go and look this year at teams that have played the Chiefs, nobody's thrown for 300 yards. Kirk Cousins came the closest. He was up in the higher 200s because he threw a million passes. But if you look at Gough's numbers, 253 yards, one touchdown, which was a good game. That was without Chris Jones that week. Trevor Lawrence, they didn't score a touchdown. He threw 41 times for 216 yards. Justin Fields threw for 99 yards. Zach Wilson, of all people, had one of the best days against him, 245 and two touchdowns. That game. wild And then you had Cousins, who went for 284 and two touchdowns on 47 attempts. Russell Wilson threw for 95 yards one game, and in the other game, the game that they won, he threw for 114. These teams, two I didn't throw for 200 yards. Nobody's throwing for yardage against them. They're second in the league in sacks, the first in pressure rate. They've got two elite corners in McDuffie and Sneet, and so, look, the question with Kansas City is obvious. Can this offense get going? Because if the offense gets going, they're probably the best team in the NFL. I mean, if they get even borderline top -10 production out of that offense, forget it. They have the week now to scout. I was texting with some people around the team, and I think there's a general thought of like, look, it's a bunch of little things that are throwing off the whole thing. Question is, how many of those little things can you fix in the next couple of months? The good news is you have Mahalem, you have Kelsey, you've got a good offensive line, you've got Andy Reid. The bad news is they have you and me at receiver. So, I mean, that's the question. My guess? They'll fix it to an extent. I don't think it's going to be a unit that you'll look at and go, oh my God, they're incredible. I think it's probably going to be a top -10 unit right around there at the end of the year. They're in the mix, but yeah, I agree, man. The Dolphins are definitely the thing that you'll look at right now, and the team you'll look at right now and go, all right, you're going to make the playoffs, but what are you going to do when you get there? Are you going to beat somebody good, or is there going to be a one -and -done? Matt, let me ask a quick question, because you watch this team closely, and I think I watch them good enough because they're always on prime time, but all these analytics people are saying, look at the EPA, look at the DVOA. They're top five in offense in all these categories, and I'm like, I get it. You keep showing me the numbers, but I keep watching the games, and the wide receivers are not that great. They're not scoring points. They had nine points against Denver, so I don't know what it is. Maybe when you said disaster, I'm like, okay, cool, because I was trying to play it safe. Maybe they're average because there's something here that I'm missing with the DVOA and the EPA. They're a disaster by their standards. By anyone else's standards, yeah, they're probably still an above -average offense, but by their standards, they're a train wreck. I will say this. People forget it because they won the Super Bowl last year. They were somewhat of a train wreck offensively the first half of last year, too. They had a bunch of games last year. They lost to the Colts last year. They muddled through a Chargers game that they ended up winning because of a pick -six that went 99 yards the other way. They struggled offensively against the Bills. They ended up beating the Raiders on a Monday night last year, but they were down 17 -0, and they needed to come back in that game. They were not good offensively for stretches of last season, and then they're them. In January, they cranked it up, and that was it. Even on one ankle, Mahomes did enough to win. But this has been the year before that. They were 3 -4 at the beginning of the year. They couldn't score a point in that season. That was the year Mahomes played, again, by his standards, not by anybody else's, but by his standards. He played poorly. You go to 2021, and they lost in the AFC title game. They were 3 -4, and then people say, oh, well, then they came out of it. They did in terms of that they won games. Their point totals after that 3 -4 start, they won 20 -17, 13 -7. Then they blew the Raiders out, scored 41, 19 -9, 22 -9. The last couple of years, they've had stretches like this, but by their standards, they're a disaster offensively right now. By the NFL's standards, they're probably somewhere between 10 -12th in the league offensively. So, got to take it for what it's worth. Yeah. All right. Let's get to the next game here. The Bengals and the Bills will go right to Sunday Night Football, speaking of a team that by their standards is an offensive disaster, despite what EPA will tell you. I'm not here to bag on the analytics, guys. I will tell you this. I'm a big eye test guy. You watch the Bills. My eye test, I don't care that they're fourth or whatever in EPA offensively. They have not been good over the last month and change. I don't think there's any way to say that otherwise. They go to Cincinnati. They made it a little bit closer at the end, but they were down 24 -10 with a few minutes left. They score a touchdown. They get the two, but they can't get the ball back. The Bengals now, 5 -3. Winners of four straight playing like we expected them to play at the beginning of the year. The Bills are 5 -4. It has been a struggle for them. They started the year 3 -1. Since then, they're 2 -3 going in the other direction. They have a very hard schedule. We'll get to that in a moment. What was your main takeaway from that Bengals -Bills game? Just the difference in quarterback play between Joe Burrow and Josh Allen and how to cover that game. I wrote about it. I kept seeing Joe Burrow moving around the pocket and extending plays. Then I look at the boxer, I'm like, wait, he has four rushing yards? I thought he ran for a bunch of yards. I know he had that one where he had the first down kind of signal. It's just when pressure comes, he knows how to move. It's smooth. It's not like he has to speed it up. He just says, okay, cool. You're right there, but I'm still going to do what I have to do and just extend plays. Matt, when it's Drew Sample and Tanner Hudson and Erskine Jr., Trenton Irwin, these guys are making plays. Then you look at Josh Allen, when the pressure comes, it looks difficult. It's chaotic. He has to kind of see what's out there and then, okay, force a throw or miss a throw. I get the Bengals defense is better than the Bills defense, so Burrow had maybe an easier time, but there was pressure. He was fighting pressure. I get it. The second there is not as good there, but it just seems harder for Josh Allen.
A highlight from Grand Theft Auto 6 NFTs Coming! | Zynga's MASSIVE Success on Ethereum, Solana, & XRP
"So I want to open up with this first story Rockstar plans to announce much anticipated Grand Theft Auto plans to release the trailer for the game in December. So the company is expected to report earnings also on Wednesday and we'll show you some stuff on that. I do want to hit a couple of tweets right here. This of course is one of the posts out there GTA 6 could introduce a crypto reward system. So if this is true, if we actually have a real life crypto reward system inside GTA, this could shift, be a seismic shift. People have already been integrating NFTs in through the modding process. So that's something that has already been utilized within the game itself. And that I think also starts to set the tone for maybe what is about to happen. Now remember though that, you know, this is a headline here going back to May of 2023 talking about why Grand Theft might not necessarily go with cryptocurrencies. Couple of things to highlight here was within it. Look at that growth right there, that's crazy for a game that old. But anyway, right here the Rockstar's NFT ban. This was in November of last year, Rockstar updated its website to clarify fan operated Grand Theft Auto servers could no longer utilize crypto assets, specifically NFTs. Now the reason that this happened was it was more about IP, meaning players were utilizing IP that wasn't theirs as opposed to fresh NFTs created through the game itself. That was the problem and that was the issue. So they are at least open to this. I think that's one of the things that you have to kind of consider. All right, so just remember that Zynga owned ByTake2 and this is going to kind of paint out what's happening because there's a lot of moving parts here. First crypto game by Grand Theft Auto, their devs achieved 5 million in NFT trading. I think that was a little bit larger if we show some numbers on that in a minute. And this remarkable success comes amidst a decline in volume in active trades on the NFT market, making SugarTown a beacon of innovation and success. Are we at the bottom in the NFTs? I think this is something people have been asking for quite some time looking at whether you're tracking what's happening over at Yuga Labs or you're looking at some of the other NFT projects that are out there. But I want to go into the clip here because this is something that I think will help start to kind of put this together. This is a clip of the SugarTown gameplay so you can kind of understand how these NFTs were integrated. Listen in. Say less. Let's get this taken. Yes. Take my ETH. Perfect. Dude, this is so clean. It feels so pristine and good. The higher level you reach, the more sugar you get. Oh, we're getting paid out in sugar? What can we buy with this stuff? Games. Is that poker? Is that Zenga poker? Nah, no way. Nah, no way. Okay. Maybe like a Mahjong? What's that? How do you say that game? Dude, this website is sick. You can move the website around? Oh my goodness. All right. So, I mean, great UX. I think that's the thing that will continue to be a winner here. But remember that when you look at the history of a lot of these game studio houses, I mean, they've been building UX for a long time. They understand the need for it and also the benefit of it. This is also a good example. Zenga hired a VP of blockchain gaming. This is Matt Wolf, who's responsible for integrating NFC into companies' existing games. I want to go over to Matt's video. Well, we've got a clip here of Matt talking about Take -Two. Listen in. Zenga is, of course, now part of Take -Two Interactive, you know, $25 billion behemoth. You're also having to navigate the Take -Two policies, legal processes. How supportive has Take -Two been on this journey into Web3? How autonomous can you guys be as a team? We don't have enough time on the podcast for me to go through. Are you there? Yeah. All of the needles we had to thread to bring Sugar Town to life. But I will say this. Take -Two has a rich history of empowering the companies it combines with, period.
Monitor Show 12:00 11-08-2023 12:00
"The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. However, we can create spaces where people can freely kick the tires of their preconceived notions. I'm Tim O 'Brien, and I'm the senior executive editor at Bloomberg Opinion. On our platform, we ask tough questions and solve complex problems with the facts in mind. Because context changes how you see things and how you change things. Context changes everything. Start exploring our opinion coverage and more at Bloomberg .com. News and insight from Bloomberg experts. We're going to be in an environment with higher rates for longer. The five day in office work week is effectively dead. It's definitely a good sign that we're not ready to land this economy just yet. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. All right, coming up in this hour, we're going to preview earnings after the close today from the Walt Disney Company, Gita Ranganathan. She is the media analyst for Bloomberg Intelligence. He's going to join us and preview that. A little car talk here today. Why not? Philip Richter, president at Holabrook Wealth Management. He's going to join us to talk about investing and maybe even cars. Crypto chat. Matt Dines, CIO at Build Asset Management. He's going to discuss the launch of their Bitcoin backed private credit fund and how it's a unique vehicle in the space here. So we got a lot to cover in the upcoming hour. Plus, we'll keep you updated on all those markets. And we're going to start it off with Mr. Charlie Pellett.
A highlight from "Bitcoin's Purpose," SEC Hiring Woes, and Matt Hill with Start 9 - November 7th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Dancic, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Lynn Alden, Corey Clifston, Greg Foss, Tomer Strohleit, and many others in the Bitcoin space. Also be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. What's up? More is up. What's up? What's up? That's ridiculous. Mike Terence with OneR, Jordan Tomer, Peter. We've got Jacob on the Pacific Bitcoin handle. However, he's doing best producer game things. He's doing, yeah, he's doing things. We've got Neil Jacobs on the Swan handle. Good morning to all you guys. Good morning, Mickey Koss. Good morning, and shout out to Lindsay Koss in the audience. I am throwing you an invite, young lady. If you want to come up here, you're welcome to do so. No obligation. We won't embarrass you. I promise. She's awesome. She's had several articles now published. And is it Bitcoin magazine? I think it's Bitcoin magazine. Alex, we know you're old, but Lindsay's the mother of three children. I think calling her a young lady is a little inappropriate. It's a compliment. Kiss my ass. Most gals are young ladies to me. It just is what it is, bro. Because Alex is old. I'm just glad that over the weekend with the Bitcoin Veterans handle, we had a space that kind of seemed like we maybe broke Lindsay into the comfortability of getting into spaces and getting into talking. So hopefully she engages more often. It's nice to hear from her and Mickey at the same time. How was the profanity in the space? I don't know. So probably pretty normal for us. Yeah, I didn't notice anything. So I guess it's probably pretty bad. But we got Lindsay to throw up the fist at the end there. It was awesome. Made it worth it. Yeah, I've been trying to encourage Mike to do some relationship -oriented spaces. I'd rather not. People need it though, man. There's so many confused people out there. I'm not sure. Yeah, we would probably get us in trouble. Completely off topic from Bitcoin. Alright, let's come back to Bitcoin. Welcome to Cafe Bitcoin. This is episode 471. Shout -outs to our supporters on Fountain and Noster Nests. Our mission for this show is to provide the signal in a sea of noise, teach the other 7 billion people on this planet why there's hope because of this bright orange future that we call Bitcoin today. We're going to be covering Bitcoin's purpose. is And this basically going to be opinions because nobody really gets to say what its purpose is. Satoshi had a white paper which states what Satoshi's purpose for Bitcoin is. But it's interesting how evolution and time and things like that. I mean, will Bitcoin change because of the people who continue to join it in concentric rings of adoption? I don't know. What do you think, Mike? I would say that Bitcoin does have a purpose in the sense that it provides an economic constant so you can accurately assess the economic viability and activity that's going on. It's like the analogy that I dropped in one of our recent episodes. The thing is episode 18 with regards to comparing it to if you were to constantly drift mercury into a thermometer and your AC is based on a thermometer. You're going to have an inaccurate reading. You're not going to understand why the system is not operating properly. So when you have something like Bitcoin that is not capable of being flippantly printed at the whims of whatever Federal Reserve governors or politicians want to do for government spending, you get a more accurate representation of what something is actually worth or what economic activity is actually doing.
A highlight from SEC GARY GENSLER CALLED OUT FOR CRYPTO FAILURES!!
"The SEC is having trouble hiring crypto experts, you don't say? And SEC Commissioner Mark Ueda is calling out the agency on their lack of rules and regulations around the crypto industry. Also the UK has released their staple coin regulation ban, and a bunch of NFT goers at the Bored Ape Yacht Club NFT convention went blind? Let's break it down. Welcome to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. Well folks, we've got a report here from Jeff Roberts, who is a crypto editor at Fortune magazine. He said the SEC is having trouble hiring crypto experts because of a rule they must sell all their crypto. He said, would make more sense to allow staff to hold a modest amount. This would also make them better at their job. So the SEC unbelievably is saying you have to sell all your crypto, right? It's not that they have to sell all their crypto, they should obviously have to disclose it and they should understand the technology and be able to use it and test it out. But of course we're dealing with scumbag regulator, Gary Gensler, who's making up all kinds of buddies can come in and take over. Matt Hogan of Bitwise, who I've had on the podcast quite often, he weighed in on the matter. He said, an obvious but unspoken implication of this is that the SEC will be staffed by people who dislike crypto. The only people with crypto expertise and a willingness to divest 100 % of their crypto are deep seated skeptics. This rule enforces a strong bias in hiring. Paul Grewal of Coinbase said, believe it or not, as a federal magistrate judge, I used to have a traffic ticket docket, think national parks, defense bases, VA hospitals. Imagine if the parties had learned a person deciding their auto accident case was forbidden from driving a car. Great points here. Now, Mark Ueda, who's one of the sitting SEC commissioners, and he is a Republican, him and Hester Peirce have both been vocal critics of the agency and on their lack of rules and clarity around crypto, also against many of the enforcement actions. So here's the headline, SEC should consider proposing rules to regulate crypto, Republican commissioner says. So I'm glad Mark Ueda is coming out and saying these things because it can't just be Hester Peirce. And right now, for the most part, it seems like Hester Peirce is outnumbered. So Mark needs to be more vocal, I'm glad he is speaking up. So here's a quote from him, unfortunately, the SEC did not take this approach and instead is pursuing a case by case approach through enforcement actions. As a result, it will take years to reach any type of legally binding precedent as matters will need to wind their way through the courts before reaching the court of appeals level, Ueda said on Monday in prepared remarks in London. So I hope he continues to speak on this, to show the agency is not in a good place, they are not providing clear guidance, they are operating by regulation by enforcement, which is really asinine. While the rest of the world is moving ahead, providing clear regulations. Now Eleanor Terrett of Fox Business highlighted the following, she tweeted, the House Appropriations GOP financial services and general government bill is up for vote before the rules committee at 4 p .m. Eastern before it heads to the floor. It includes an amendment from Tennessee Congressman Representative Tim Burchett to reduce the salary of SEC Chair Gary Gensler to one dollar. It also includes an amendment to defund the SEC for crypto enforcement. So shout out to Representative Tim Burchett, who's bringing the fire here on Gary Gensler. And we got to do these things, folks, to put some pressure. Gary Gensler should be fired and the SEC needs to be revamped. Congressman Warren Davidson has put out a bill, of course, that would revamp the entire structure of the SEC to make it less political and to make it more efficient. So let's see where this goes. But I love that these bills are coming out more pressure on scumbag regulator Gary Gensler. Now here's an interesting update around the Federal Reserve, and it just speaks to government and the lack of knowledge and education in government about crypto. So Matthew Seigel, who's head of crypto research at VanEck, he said, I met a Federal Reserve crypto researcher at a conference last week. He doesn't own any digital assets. He's not allowed to and didn't understand the difference between an exchange and a custodian. Folks, I'm face palming right now. I know you can't see me. And if you're listening on a podcast platform, trust me, I'm face palming right now. He doesn't understand the difference between an exchange and a custodian. God help us, right? These are the people who are trying to regulate crypto and putting out rules and recommendations and papers and so forth. It's unbelievable. But I know there are folks working to help bring education to Congress, and that is blockchain association, the Chamber of Digital Commerce and so forth. So we'll see, folks. We got a lot of work to do. This is why we have to use social media to our advantage to keep tweeting out, sharing the facts and exposing lies and false information like from the likes of Elizabeth Warren and others. Now, the juxtaposition of that is the UK's Bank of England releases stablecoin regulation plan. Remember, the UK had passed crypto regulations, so did the EU. So the US is lagging behind. And folks, stablecoins are going to be part of the token economy and will be a big part of how people transact. So there needs to be regulations. And we're seeing here in the United States, the SEC sending a subpoena to PayPal over their stablecoin, right? It's unbelievable what's happening. So the United Kingdom Central Bank, the Bank of England, has released a plan to govern the stablecoin market. The BOE and the Financial Conduct Authority plan to follow the rules released by the UK government last week to oversee the digital asset industry. As per the UK government's proposal, regulations for fiat backed stablecoins will begin in early 2024. As per the paper, the BOE will regulate systematic stablecoins while the FCA will govern the larger crypto market. UK Prime Minister Rishi Sanak had announced that he wants the nation to become a crypto hub, introducing clear rules for digital assets and crypto firms falls within the UK's goals. The UK's latest plan follows the European Union and Japan's similar moves. Folks, I love that crypto is not a specific asset class to the United States. So even though we're dealing with scumbag regulator Gary Gensler and all kinds of idiots in the government who have not educated themselves, the market will continue to grow and expand globally. So we can at least put our hope in that. Now we got some really weird news coming out from the Bored Ape Yacht Club and full disclosure, I don't own any Bored Ape Yacht Club NFTs, but apparently they had an NFT convention and there was some UV lights and folks who were blasted by this prolonged UV light went blind apparently. So, I mean, this is just wild, right? I don't know what to make of it, but just so you guys know, I don't know if any of you went to any of these conventions or this convention, I should say, but, or, you know, somebody who went to this convention, but this is just some wild news coming out of 2023. So heads up on that folks, I want to end it by highlighting our sponsor and that is Uphold, which is a great crypto exchange this month, they're giving away 50 ,000 XRP. All you got to do is complete at least $20 in trades to be eligible to win and Uphold is a great platform. I trust them. I've been using them since 2018. So if you'd like to learn more, please visit the link in the description. Thank you.
A highlight from Encore of Episode 40: Impact Learning with Jared Magee
"Hey, it's Batsheva. I've pulled this episode out of the archive vault for you, in case you hadn't heard it before. But if you have already heard it, well, you might want to listen again because this time you'll know all the answers to the 5 -Minute Game Show. And also because there's always something to learn from my wonderful guests. With the exception of adding this intro, I'm bringing you the original episode in its original form, which is also kind of a time capsule. So enjoy. I'm Matt Miller of the Google Teacher Tribe podcast, a proud member of the Education Podcast Network, just like the show you're listening to right now. The opinions expressed are those of the individual hosts. Make sure you check out all the other great podcasts at edupodcastnetwork .com. The Areté Institute, in conjunction with Areté Preparatory Academy, presents Overthrowing Education, with your host, Batsheva Frankel. Today's episode is sponsored by... Are you feeling down about how much your students are really taking in during this bigger impact? Well, look no longer. K -12 presents the Impact 3000. Why settle for the usual lesson when you can make an even stronger impact? Whether your school is fully remote, distance and masked face to face, or some crazy hybrid of the two, Impact 3000 is for you. It's easy and fun to use. The Impact 3000 draws on the successful experiences of over 3000 dynamic teachers who facilitate their students learning with rich, student -centered activities, experiences and explorations. Simply put your usual lesson plan into the Impact 3000 and watch it transform your whole class. And that's not all. Order now and receive a bonus. 30 hours of relaxation tapes featuring forest noises, ocean sounds, and the smooth voice of... Now relax and imagine you are walking slowly on a mountain path. You hear a bubbling brook beside you. Order your Impact 3000 today and see a difference in your class tomorrow. Welcome to the 40th episode of Overthrowing Education. Yay! I'm Bud Sheva and I'm so glad you joined me today because I have a really cool guest. He may not be known to you yet, but educator Jared McGee has some really helpful things to share about impact learning as he tells us all about the Winchington School. It's a really cool school that I was so excited to hear about. Jared and I discuss ways to take what he has learned from his experiences there and mine working for another cool school that you hear me talk about all the time, Arete Preparatory Academy, and apply them to other more traditional schools. There are two things, well there's probably more, but let's focus on two things that make Winchington, Arete, and all the other forward thinking schools out there so successful at getting students to love learning, think deeply, and develop curiosity. And those are, one, daring to dream big about what education can be without the limits of what already is. And this part is so important. Always moving forward, reflecting, refining, and asking how can we be even better? What more can we be doing? It's one of my favorite things about Arete, no matter how great something is, there's always room for growth and improvement. And those are two things we can take into our classrooms and practices as well. Maybe in the confines of a traditional system with all of its challenges, the dreams might be smaller, but dream them anyway and make them happen however you can. And the idea of always growing and improving, well this might seem obvious to you. I suspect that if you're listening to this podcast, you are already on that bus. But even when a lesson or unit is successful, we can reflect on it and say, how can I make this even better? Okay, let's hear what Jared has to say.
A highlight from Matt Hill | Bitcoin & Sovereign Computing | Simply Bitcoin IRL
"You Hello everybody, welcome to another episode of simply Bitcoin IRL today We have a very special guest returning guests. We have Matt Hill CEO and founder of start 9 They make incredible Bitcoin nodes servers Really big fan since First time I brought Matt on the show talk about sovereign computing and just blew my mind every single episode So really enjoy bringing Matt on the show to talk about all that the future of computing the way that I see it Anyways before we jump into it I want to give a shout out to the Bitcoin company that makes the show possible Swan Bitcoin Best place to build your Bitcoin stack. It's being built by Bitcoiners It's for Bitcoiners check out Swan Bitcoin today if you haven't already done so. All right, no more delay I want to bring up our guest. Hey Matt. How you doing? What's up, Niko? Doing good, man Thanks for having me. Happy to have you back on the show It's been a while and I've heard from the grapevines and rip off the band -aid engine just jumped straight into it I heard you guys are getting into AI that's interesting. Yeah Yeah But not in the way that a lot of people like to say right now AI is like the new blockchain, you know It's the new The new cloud the new the new hype in the VC and you know investing world We're getting into AI strictly as a necessity because AI is part of computers. So You know, our whole idea is that humans and computers should be able to interact directly without intermediaries or custodians And the idea that humans are going to use computers without Artificial intelligence is a ridiculous proposition at this point. So something that we have to consider, right? We have to think about how humans can interact with computers using AI models and the hardware That is necessary for that to happen In a way that you know can be done cheaply affordably by by any person So it's something that we've been thinking about and we've actually launched a couple products. We launched stable diffusion Which is a image generator and we weren't launched free GPT, which is an AI chat bot similar to chat GPT Both of these are run on your personal server and the models are hosted locally Nothing leaves the device. You can access it from anywhere in the world At your own private website and it is a truly private Artificial intelligence experience for both image generation and and chat however, it's not nearly as robust and fast and powerful as Something like mid journey or chat GPT. Obviously those are using GPUs They're running on server clusters. They are running the latest, you know How many hundred of billion parameter models? They're probably running at this point and that just can't be done on you know, cheap consumer hardware but luckily for us the future of AI is probably Smaller models that are more highly specialized and users Accessing those models for specific needs in which case it can all be done locally on affordable hardware And so we're very excited that that is now the trend in the AI world is that it's away from the one model to rule them all that knows everything and towards Instead hundreds of specialized models that you spin up on demand in order to get very specific Questions answered because that can be done at the edges. Gotcha So what is the like for for the layman for someone who has no idea? What sovereign computing is or what the benefits of running your own server you're on your own computer Essentially rather than relying on someone else's what would be the benefits of using your AI right that you're running at home versus You know using something like chat GPT sure So there's the broad question there Which is using your own server as opposed to somebody else's and then there's more Specifically using AI on your own server as opposed to an AI on somebody else's so I'll answer the more specific one First and then extrapolate from there. So basically, you know when you are using something like chat GPT You're entering a query and that query is being sent to a server that is owned and operated by open AI Open AI now has a record of you asking this question They are using the question and the answers and your interactions to train their own models for their own proprietary purposes And lastly what you are getting in response is a Completely black box. You don't know where that response is coming from. You don't know what degree of You know bias or censorship is being applied. So a open AI as a company Could basically just lie to you and you would think that you're talking to this brilliant AI When in fact, you're just getting a censored response from open AI the company. So if you want to interact with AI honestly and with integrity you need to Run your own instance of the model and that way, you know, it's not being tampered with So that is that is the main reason why you'd want to use your own AI Is not only because it's private and because you may want to ask this thing questions that you're not comfortable Open AI the company knowing and two you want to make sure that the answers that you're getting are Genuine in so far as they you know can be from that from that model Extrapolating from there. Why run a can your own server at all? Well, you can imagine the same basic pattern for all of your computing needs whether it's sending a message or sharing a photo Or storing your files or your passwords When you do this on somebody else's computer, you know one they have complete insight into everything that you're doing There's no privacy Dragnet surveillance and specific invasion of privacy is is pretty much commonplace at this point You can be censored. You don't know if what you're getting from these servers is tampered with And it costs money. So in many cases you are paying Either with your data because they are mining it and selling it to advertisers or you're paying with your money on a monthly subscription basis and then lastly whenever you use somebody else's server whether it's for AI purposes or anything else Those servers are often storing the data of millions of people and are therefore prime targets for attack and it is only a matter of time before they get hacked and all the data is leaked and then your private information is leaked to Hackers, even though they weren't targeting you specifically they were targeting the server That acting was as a honeypot of data and so you were just collateral damage in a cyber warfare that you never opted into or you did opt into but didn't realize you Were opting into it. So running your own server eliminates all of that. It's private. It's censorship resistant It's free and there's no counterparty risk of being hacked Gotcha. So another Exciting announcement that you guys made recently and the community has received it extremely well Is you guys have announced that you're moving to the MIT? The open source stuff which I think is really really exciting Why did you guys decide to do that? And what were you guys doing before? So start OS is what you're referring to which is our main product is what we make Has recently been switched over to the MIT license which is the most permissive In license possible fact, it's more permissive than no license at all because in the IP world no license at all defaults to Proprietary rights of the author. So MIT is basically your way of announcing that there is no license, right? It's your way of just being like this is in no way shape or form a Property of the individual or company that produced it and so that's what we published start OS as now That's what Bitcoin was published at and in our opinion. It is really the only truly free license Other licenses that are very common in the FOSS world are things like a GPL GPL licenses are free in every way except that they require the Consumer or the person Accessing that code to likewise publish their own derivations of that code in an open source manner meaning it restricts your freedom to close source the software and So we figured if we were gonna go, you know, the FOSS route and really make this a free piece of software That we better not, you know Cut corners or be hypocrites about it and we may as well just set it free So we set it completely free start OS no longer belongs to start 9 as a company. We are its stewards. We are its Engineering team. We're gonna pour our lifeblood into it but from a proprietary sense we have absolutely no rights to it whatsoever or let me Stated more clearly. We have the same rights to it as anybody else in the world What we were before Was an open source license with a non -commercial clause So FOSS, not FOSS standing for free and open source software This was more like OS open source software Minus the free part. It was free in a lot of ways as in you could access it change it fork it download it distribute it Use it you could do whatever you wanted The only thing that you weren't allowed to do with start OS in the past was monetize it You could not sell it as your own You could not install it onto hardware and then sell that hardware that right was reserved for start 9 and so that is all we've changed is that we have relinquished our exclusive right to sell the software Gotcha, and so and then from a from a company perspective Like does that worry you at all that potentially you can be giving the your code away to a potential competitor in the future No Like could you elaborate? So We are sure that competitors more competitors Will arise as a result of this then would otherwise have a run arisen So for instance, we've already been contacted by multiple individuals who are like hey, does this mean that I can Install start OS onto many PCs in my country and sell them and I said absolutely please do Right, like we're also selling in that country. So technically this is competition for us But ultimately start OS is not our business model Start OS is the backbone of a new computing paradigm there's going to be a whole bunch of business models that arise on top of start OS and You know Because start OS had to be source available meaning It had to have the source code Visible, even if it was on a in a proprietary license, right? Even if it was with the non -commercial clause if start OS is source code was not visible It wouldn't be safe at all. It would be extremely like nobody would use it. You'd be stupid to use it Right, if you if you ran a personal server with closed -source software, I would consider that to be dumb And to be fair it is like what we do with like our Mac books, right? Like it's all closed -source software, but there's no there's not a lot of ways around that right now. Yes you can run a Linux device, but anyway, I I digress Because it had to be open Source available because the source code had to be visible. It was inevitable Right. It was unavoidable that we were going to face competition in the form of people Who even if they don't copy paste the code line for line can literally just see what we did and if they're well -resourced Right, like if it's a well -resourced talented team, they could write it in C++ instead of Rust Right and and and we would have no recourse. It's like our license wouldn't apply because they didn't copy paste our code So the very fact that we were sharing the code made it practically the same as Giving the code away because somebody could always reverse engineer it and and do it anyway, so it's kind of an illusory protection to have a non -commercial clause In most cases, but we didn't have it for no reason we had the non -commercial clause there For about two and a half years and we had it there to protect against any very well -funded Company that could basically out market us Right. So the only thing that we were protecting against was our own lack of brand awareness Because nobody knew who start 9 was and knew that we made start OS and that there was no Brand recognition at all During the early days anyone would have been able to basically take that code and just be like this is ours and we never would Have even come to the surface. Yeah, so the only reason that we had the non -commercial clause there was to stave off any opportunistic VC funded kind of like, you know thieves so to speak who just come in and like see oh wow They're really doing something good, except they're not very good at marketing So we're gonna get really good at marketing and Drown them out with noise we feel strong enough now as a brand to not be Squashed out like that. It would be very difficult at this point for somebody to disassociate Start OS from start 9 for somebody to claim to be the inventors of start OS, right? And so the brand equity is really what we needed and we finally felt like we had reached a point where We had the critical mass of support such that Nobody would do it. Now. What are they gonna do that anyway? Probably not right. It was probably an unnecessary protection However, it didn't hurt us either. Yeah, having that protection was was a free protection like does a four -foot picket fence Help you against a home invader not really Maybe they'll trip over it. So there's this like small maybe added protection But because it's totally easy to do and totally free it didn't really make a difference. So god, that's the long -winded explanation And I'm glad that you clarified it someone in the chat actually had a pretty good question I'm gonna pull it up so you can answer it. So Andrew Saman said Matt Can you explain how start OS is different from running Linux? Cool start OS is Linux This is start OS is Linux just like Ubuntu or Fedora Or pop OS those are all Linux as well, right Linux Is a kernel it's it's an underlying Operating system, but there are many layers on top of Linux that define the ultimate Operating system experience So start OS is a Linux distro But it is the first and only I believe I can make those claims Linux distro whose User experience because I'll go beyond just the UI but the whole experience is Oriented around the ability to run a server Okay, as opposed to a computer so most Linux distros like Debian or Ubuntu Fedora they're all Optimized to run your laptop or your desktop, right? They are client device operating systems That's what the graphical interface is for like when you look at the graphical interface you see a desktop because it's designed For a laptop or desktop computer it's designed to be used by a person using a laptop If you want your Linux distro such as Debian To be used for a server You have to go beneath the graphical interface Pop the hood open the command line and get on the get on the terminal on the terminal command line So Linux is the server operating system It's like Linux is how people use servers But it's not through the graphical interface people use Linux from the command line So what we have done what start OS is is a Linux distro Where the command line everything that you would ordinarily do on the command line has been Codified into and represented in a graphical interface So it is the first Linux distro whose graphical interface is designed to administer a server and that is unique why nobody has done that before we think we know why probably because Very few people had needs to run a server.
A highlight from 1450: I Expect Bitcoin ETF Approval By End of Month
"In today's show, I'll be breaking down the latest Bitcoin technical analysis. Also, Sam Bankman freed. He is found guilty on all seven charges in the FTX fraud trial. Quoting Max Kaiser, tough talk when it comes to the minor league drug Adderall ish corner like SPF, but where's all the bravado when Jamie Diamond gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? He makes great point. Also in today's show, Bitcoin to the moon. Send it. I'm going to be sharing with you the top five Bitcoin price predictions for twenty twenty four and beyond. That's what's up. Also, the latest from Cathie Wood of ARK Invest, also a twenty seven hundred percent Bitcoin price explosion is incoming courtesy of one catalyst, according to the BitMEX founder Arthur Hayes. We'll also be talking about breaking news. The Valkyrie CIO expects the spot Bitcoin ETF approval before the end of the month. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts dot net. Welcome, everyone. Today is podcast episode number fourteen hundred and fifty. Can you believe it? I'm your host, JV, and today is November 3rd. Welcome to Moonvember of twenty twenty three. Let's kick off today's show with our market watch as we do each and every day. We got Bitcoin up about a quarter percent, hovering just under thirty five thousand. We have Ether up point three percent trading at eighteen hundred dollars. Cardano, one of the top gainers, up five and a half percent and also XRP barely in the green. And if we are in doubt, they say you need to zoom out. Let's look at the one month. Wow, that's much more sexier, isn't it? Now we have Bitcoin up twenty seven percent for the month. We got ETH up about 10 percent. Solana is up almost 70 percent. Cardano up twenty three percent. XRP up fourteen percent. BNB up seven percent. Personally, I love it when everything in crypto is a winner. It don't get no sexier than that. And look at Chainlink up fifty two percent for the month. Good lord. And check it out. Coin market cap percent in just under one point three trillion with about forty five billion in volume in the past 24 hours. Bitcoin dominance pulled back a little bit, currently at fifty two point seven percent, and the ether dominance in the 16 percentage range for the first time I have ever seen that I could recall. It's currently at sixteen point nine percent as Bitcoin dominance continues to outpace the rest of the market, especially Ethereum. And checking out the top one hundred crypto gainers of the past twenty four hours for chain up fourteen and a half percent trading at three dollars and twenty cent and Oasis Network up twelve percent trading at six point two cents, followed by the trust wallet token up almost twelve percent trading at a dollar twenty three and checking out crypto bubbles so we can see the top gainers for the past week. Massive shout out to Emilio. I appreciate the super chat. Fam, you're way too kind. Much love, much respect. He just said you are amazing. Nah, I think you're amazing. And I appreciate the orange so we can orange pill more mofos and help change the world. Let's freaking go. Much love, fam. But as we can see on the crypto bubbles on your screen, we got a lot of gainers overall. That means the market cap is pumping and a rising tide rises all ships and checking out the crypto greed and fear index. We're currently rated a sixty five in greed. Yesterday was a seventy two last week, a seventy and last month a forty nine, which is neutral. So there you have it, my fam. What's your thoughts on the current Bitcoin price action? Let me know. Are you pumped up for Moomvember? I sure as hell am. Let's dive into our Bitcoin technical analysis for the day. Check out the charts with a Bitcoin price action is likely to go next. Bitcoin broke below thirty five G's baby after the November 2nd Wall Street open, as analysis warned of overheated derivatives. As you know, derivatives are financial tools of financial destruction. Yeah, for real. Now Bitcoin under does the post fed gains. We're currently tinkering just under that thirty five thousand, which is now back at a resistance. The highs had come on the back of the encouraging language from Jay Powell, the chairman of the Federal Reserve, who in a speech suggested the interest rate hikes might soon end. Now, the Fed opted not to change the rates at the latest meeting on the Federal Open Market Committee, which was November 1st quoting their press release. Recent indicators suggest the economic activity expanded at a strong pace. In the third quarter, job gains have moderated since earlier in the year, but remain strong and the unemployment rate has remained low. Inflation remains elevated and accompanying press release stated. They also shared here that the U .S. banking system is sound and resilient. Sure it is. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring and inflation. The extent of these effects remain uncertain. The committee remains highly attentive to inflation risk. We all know they're full of ish, right, to say the least. And quoting crypto analyst, Bitcoin breaks out, reaches a new yearly high, which is currently just shy of 36 G's. Now, not a massive breakout, but as long as we say above 34 .8, which we currently are, the next target is 36 .5 to 37 ,000. And the altcoins will follow after, which is typically what seems to go down. Now, down over a thousand from its highs. Bitcoin was worrying some with derivative markets, particularly in the focus, quoting Charles Edwards at Capriole Investments. All Bitcoin derivatives markets are overheated at present. This captures the perps, futures and options. Stay safe out there. And also, we have reacting popular trader school agreed that arguing it was now the spot market to charge of saving the Bitcoin price strength, as he shares here, something to be aware of when sizing up positions currently, when derivatives get hot. This puts increasing focus on spot market to support the current prices and the trend. That's right. In his own analysis, we also had material indicators concluding caution should be applied to the current Bitcoin trading environment, meaning expect more volatility ahead and uploading the snapshot of liquidity on the Bitcoin order book for the largest global exchange, Binance. It warned support levels were apt to disappear quickly. A form of a rug pull. So you have been warned. Newcomer support gaining liquidity at this time lay at both 34 and 33 .5. So there you have it, fam. Again, how many of you are currently bullish on that? King crypto. And with that being shared, now let's discuss our next story of the day. The latest from Michael Saylor. He was recently interviewed on the news and shared some very positive sentiment in the Bitcoin market. Also, he has been a dollar cost averaging and stacking stats. This week, the Bitcoin price came within a hair of thirty six. I think we hit like thirty five nine ninety during our watch party before abruptly reversing and correcting to thirty four to fifty. But after nearly a 30 percent run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalyst for the rally remain valid. Now, despite the intraday price action, which saw almost five percent drawdown, a number of analysts remain bullish on Bitcoin naturally, and some expect another gamma squeeze. If the Bitcoin price manages to push through the thirty six three hundred level, we're only like four hundred dollars off of that right now. Just FYI, permables like MicroStrategy CEO Michael Saylor appear unbothered by the whipsaw price action. And on November 1st, MicroStrategy announced the October purchase of one hundred and fifty five more Bitcoin for five point three million. As the outlines here in October, MicroStrategy acquired additional one hundred and fifty five BTC for five point three million bucks, now holding one hundred and fifty eight thousand four hundred BTC like, whoa, and what's the most mind boggling? Saylor didn't even get into Bitcoin until twenty twenty. So it goes to show you someone can come here in twenty twenty three and become an even bigger whale than Michael Saylor. In fact, the likes of the Black Rocks of the world put Michael Saylor to shame because we're talking about mega mega mega whales on a massive scale. And when asked about the upcoming Bitcoin having during an interview on Squawk Box, here's what he had to share. Most of the natural sellers of Bitcoin in the market right now are Bitcoin miners and they have to sell to cover their electricity bills and capital costs and retire their debt. That's about a billion dollars per month worth of selling into the market. The protocol forces that to be cut in half as of next April or late April. And he also says, so you're going to see twelve billion bucks of natural selling per year converted to six billion of natural selling a year and at the same time as things like the spot ETFs increase the demand for Bitcoin. So that's why all of us are fairly bullish over the next 12 months. How many of you are bullish? Let me know. Demand is going to increase and supply is going to contract. And this is fairly unprecedented in the history of Wall Street. That's what's up now is a pretty ideal entry point for Bitcoin, according to Saylor. Also, he was recently interviewed and I actually transcribed this video clip when he was speaking on Squawk on the street. And I feel this is very relevant. Here's what Saylor says for the industry to move to the next level. We need to migrate to adult supervision. We're going to need the big banks to become the crypto custodians. We're going to need Wall Street to take a role and we need to rationalize away from the one hundred thousand crypto tokens. You know, the yo yo coins that people are manipulating to Bitcoin. Bitcoin is an asset without an issuer. It is the one universally recognized protocol that is a commodity in the space. And so when banks on Wall Street and responsible custodians are managing Bitcoin and the industry takes its eyes away from all the shiny little tokens that have distracted and demolish shareholder value, I think the industry moves to the next level and we 10x from here. Now, what's another 10x from the current price action we're talking about roughly? What is that? Three hundred and fifty thousand dollars per BTC. Send it and let's frickin go. Also quoting him here, I think the liabilities or the early crypto cowboys, the crypto tokens, which are unregistered securities, the unreliable crypto custodians for the industry to move to the next level. We're going to need to migrate to adult super vision. And I shared with you the rest of that quote. So there you have it. Let me know if you agree or disagree with the one and only giga Chad Michael Saylor. Next story of the day. This is breaking news. SBF has been found guilty in all seven fraudulent charges. Yeah, this is wild. Yeah, here we go. I'm going to read all this to you. Former FTX CEO Sam Bankman Freed was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberations, meaning it didn't take long. Bankman Freed was found guilty of two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. Good Lord. That's a lot of charges and it's just getting started. He'll be back in court in March to continue with some more charges to probably get guilty of. We'll return to the court for sentences by New York District Judge Lewis Kaplan March 28th. So that's the date is right before the having. Government prosecutors will recommend a sentence, but Judge Kaplan will have the final say. Now, Bankman Freed's crimes each carry a maximum sentence of between five and 20 years in prison with the wire fraud, wire fraud conspiracy and money laundering conspiracy carrying a maximum of 20 years sentence in a press conference outside the court, the New York Southern District U .S. Attorney Damian Williams called Bankman Freed's crimes a multibillion dollar scheme designed to make him the king of crypto, right? The Michael Jordan of crypto, the Warren Buffett of crypto and of one the biggest financial frauds in American history, Bankman Freed's attorney Mark Cohen said in a statement, we respect the jury's decision, but we are very disappointed with the result. Naturally, Mr. Bankman Freed maintains his innocence and will continue to vigorously fight the charges against him. Anyone here in the chat. We have over 200 people in the live. Anyone believe he is innocent? I am just curious if there's any outliers out there. Anyways, other key FTF execs, including former Alameda CEO Caroline Ellison, FTX co -founder Gary Wang and former engineering head Nishad Singh have all pleaded guilty to various charges and work with the government to testify against Bankman Freed in the five week trial. Now, Bankman Freed had pleaded not guilty to all the charges. And during his trial, he took the stand to maintain his innocence against the best wishes of his lawyers who told him to shut the what up, just saying, and marking the FTX November 2022 collapse as a number of big mistakes I made. He denied any wrongdoing in the FTX relationship with Alameda, attempting to distance himself from key decisions, which we all know is not true, according to the testimonies of their execs, Bankman Freed pinned the blame on Gary Wang for creating a function that allowed Alameda to trade funds on FTX that it didn't have and claimed he wasn't entirely sure what happened. Oh, I don't know what happened with Alameda's line of credit, which ballooned to billions in the collapsing crypto market of 2022. In his testimony, he also blamed Caroline Ellison for not focusing on risk management. How are you going to blame your ex? That's just why. Anyways, he didn't believe he defrauded FTX customers by taking over eight billion worth of their funds. Instead, he framed it as Alameda just borrowing from the exchange. Yeah, borrowing from investors without their permission is called stealing. I just wanted to point that one out. Now, Max Kaiser responded to this attorney who spoke out and he said, this is tough talk when it comes to the minor league, the drug Adderall ish coiner like SPF, but where's all the bravado when Jamie, the tapeworm diamond, the best the CEO, JP Morgan Chase, gets caught manipulating markets and defrauding the public again or the next crooked Warren Buffett bailout? You talk a good game, but you're no different than SPF. And I think Max makes some excellent points. The big dogs get away with this all the time, of course, but clearly there's levels to this ish, if you know what I mean. Now, what are your thoughts surrounding this case? How do you think this will likely continue to play out in March as they continue with the court trial facing more charges he's up against? Let me know, fam. I appreciate that. I got some very bullish predictions to share with you. In fact, I'm going to be sharing with you the top five Bitcoin price predictions for twenty, twenty four and beyond. Bitcoin continues to circle its highest levels in 18 months. Again, the annual high for the year is currently almost thirty six thousand dollars, but let's dive right into the predictions. First and foremost, Matrix Port predicts forty five thousand within two months. So two months from November would mean January. I could definitely see Bitcoin hitting forty, fifty thousand easy peasy before the halving. But let me know your thoughts. Now, that prediction came from Matrix Port, the crypto trading firm founded by Jihan Wu, himself a founder, a Bitcoin mining giant Bitmain in a blog post in late October. Matrix Port doubled down on a forty five thousand year end price targets. That's the Christmas target. Let's go, Santa, which is initially revealed in January. It was based on a handful of in -house models with Matrix Port also successfully predicting Bitcoin's October gains. Quitting them here, Bitcoin is breaking above the July thirty one five resistance showing that forty five is achievable by the year's end. And again, I think that's a very doable target. But let me know your thoughts. The next prediction comes from Bitcoin. They say new all time high pre halving. I also agree with that, especially if we get the ETF approval. I would anticipate above and beyond sixty nine thousand before the April twenty twenty four halving, but that's only if you know what I mean. We'll see how this plays out. The halving is a watershed moment. We all know the blocks of subsidies get cut in half for the miners in September. Bitcoin stated Bitcoin would surpass its current sixty nine thousand peak before April of twenty twenty four. Now they shared here, no, Bitcoin is not going to top before the halving. Yes, it's going to reach a new all time high before the halving. No, Bitcoin is not going to one hundred and sixty G's because the magnitude of every pullback is large. This means it'll peak after the halving in twenty twenty four. And yes, the target price is around two hundred and fifty thousand dollars. I love that. That's right in alignment with Max Keiser's short term target of two hundred and twenty thousand. Now, they also shared this chart. Both the all time high and the post halving two hundred and fifty thousand target came courtesy of the Elliott Wave theory charting, which we cover commonly here in the show with Bitcoin mimicking the behavior from the previous cycles. And you can see their estimation of how the Bitcoin price is likely to rise is coming directly from Bitcoin. Now, Bitcoin did, however, make room for a total of four pullbacks. As outlined in this chart, you can see one, two, three, four. Before we hit the peak at five, quoting them here, there will be one pullback before breaking to a new all time high, followed by another pullback at around one hundred and twenty five thousand. Additionally, there will be two more pullbacks after the halving, which are not demonstrated here. Now for the next one, three Bitcoin price models, one hundred and thirty thousand dollar target zone. That's right. Let's freaking go. Quoting CryptoCon here, I'm prepared for the lower prices, but the stars are aligning at one hundred and thirty for the Bitcoin this cycle. And the concept also hinges on the halving events and the next peak should come around four years after the sixty nine thousand dollar move in November of twenty twenty one. We all know everything is cyclical and Bitcoin every four years driven by the halving. Now the one million dollar question. How about a one million dollar Bitcoin price target leads us to Kathy Wood of ARK Invest, the CEO and chief investment officer, has joined former BitMEX CEO Arthur Hayes in doubling down on her seven figure price prediction when this could happen, understandably up for debate. But changing macroeconomic tides have emboldened what remains a daring Bitcoin price prediction. In October, Hayes maintained that the path to a one million dollar coin was in full effect thanks to the macro reality. Now quoting BlockWorks on the Margin podcast right here, this was shared actually on an interview. If people lose faith in the bond market and this fiat artificial construction we have created over the past 80 to 100 years, this global economy and how it has been structured, if we lose confidence in that, then the amount of money that's going to be looking for an alternative is going to be something that we have never seen before. He shared over in an interview and speaking of Kathy Wood, she was just on Bloomberg and here's what she shared when she was asked, what's a better hedge against inflation? Is it Bitcoin or is it gold? And very boldly she said, Bitcoin hands down, hands down is a hedge against both inflation and deflation. Yes, so is gold, but Bitcoin is digital. And if you look at the incremental demand we are going to see, but gold already has its demand. You know, it happened already, right? Bitcoin is new and institutions are barely involved in the young people would much rather prefer to hold Bitcoin than hold gold preach. So it's interesting that both gold and Bitcoin are hedges against deflation, but Bitcoin has been doing better recently preach and Bitcoin naturally will consider outpacing gold. I think it was Max Kaiser who said for every dollar, the Bitcoin price action increases. I'm sorry for every dollar, the gold price increases expect Bitcoin to go up by over $20 meaning it will continue to outpace gold by a factor of 20. Let me know if you agree or disagree fam. And we spoke about Kathy Wood and her a $1 million price prediction. In fact, she even has a bullish case scenario by the year 2030 of Bitcoin hitting $1 .48 million. Keep that in mind. But now let's discuss Arthur Hayes, the BitMEX founder predicting Bitcoin price to rally 2700 % taken us to $1 million per coin. And then we'll dive into the latest updates with the likelihood of the spot Bitcoin ETF being approved this month in November. According to the major asset manager, here we go. BitMEX co -founder Arthur Hayes is doubling down on a prediction. The Bitcoin is destined to reach the seven figure price. Hayes says that a monetary policy tool known as the yield curve control will act as the catalyst for Bitcoin to reach that 1 million Mark, a gain of around 2 ,700 % from the current level. Send it, let's go. Central banks use the yield curve control to influence the longterm interest rate level by buying longterm bonds as much as possible to prevent the rate from rising above the intended target. And according to Hayes, the entire U S government is enabling a loose monetary policy environment. Even as the fed continues tightening. Now the BitMEX founder first predicted seven figure Bitcoin earlier this year in March in that essay, which I covered here on the show. And at the time, he argued that China's loosening of his monetary policy would trigger Bitcoin to explode to $1 million per coin. Hayes also says the decision by the fed mid this week, uh, pause the rate hike interest rate suggests it's time to pump it up, pump, pump it up. And according to the BitMEX founder, the feds decision would trigger other central banks to also ease their monetary policy. Quoting him here over to you, BTC, let's go. I shall increase the pace of my rotation out of treasury bills and into Bitcoin and ish coins. Now that the fed had paused over two meetings, every other central bank has cover to print expect massive stimulus coming from China, Europe and Japan. So there you have it coming directly from crypto Hayes. Just blaze. Let's get it now for the moment you have all been waiting for. Let's dive into our featured story of the day and discuss a Bitcoin ETF being approved this month in November. And what would that mean for the crypto market? Let's break this baby down. We have Steven McClurg, the chief investment officer at Valkyrie investments has put forth a strong indication that a landmark approval from the U S SCC for a spot Bitcoin ETF can transpire by the month's end. Send it and let's go. The approval of the spot ETF is currently one of the biggest factors influencing the Bitcoin price as well as the entire crypto markets trajectory. You can say that again now alongside the financial giants such as black rock, the world's largest asset manager fidelity, which is about half the size of black rock. We got Vanek, we got Invesco, we got Valkyrie, one of the companies at the forefront of the battle with the SCC over the spot ETF. We also have grayscale. Don't forget the GBTC product. We have the firm managing to Bitcoin related ETFs at the moment. Now Valkyrie Bitcoin and ether strategy ETF and the Valkyrie Bitcoin miners ETF with a combined asset value of 51 .1 million at this time. And they also have active filings for spot Bitcoin ETF. Now McClurg, citing the latest amendments to Valkyrie spot, Bitcoin ETF app anticipates the SCC will issue another series of comments within the next weeks, potentially setting the stage for the approval of the 19 before rule changes by the end of the month. Send it quitting him here before anything else happens, we get a second round of comments and I believe we'll probably get those comments in the next one to three weeks. A late November approval likely means a February launch. So note that if we get the green light in November, it means the Bitcoin ETF would likely launch a few months later in February, which would be right in time again for the Bitcoin having. Now he also shared with ETF .com this interview suggesting a timeline for the SCCs response to these crucial amendments. He also argues the SCC can wait until January to ask the applicants to put the final touches on their S one filings. That's the other alternative scenario. Now Nate Geraci, host of the ETF prime pod explain that Valkyrie CIO suggests SCC can approve the 19 B fours exchange rule changes for the spot Bitcoin ETFs by the end of November and then the S one registration statements early next year. These don't have to be approved at the same time, so keep that in mind. Though they need both for the ETFs to begin trading. Now in recent weeks, the SCC has been actively communicating with ETF apps and disclose that the agency is carefully scrutinizing all spot Bitcoin ETF apps. The focal points of the SCCs inquiry have pertained to the comprehensive explanation of various risk disclosures, methodologies concerning index usage and net asset value computations, environmental risk inclusions, as well as detailed insights into custodial practices. Recent amendments to filings by entities such as BlackRock and VanEck have been augmented to eludicate how initial fun seating could be conducted and also note that BlackRock already began seeding their ETF back in October, which was last month. This is something that Larry Fink their CEO has already disclosed. Now because of that, industry experts remain cautiously optimistic. We have Matt Hogan, the CIO of bitwise asset management, highlighting lingering concerns, quitting him here. Market manipulation is still a potential stumbling block. Custody isn't a wrap, so there is still a lot of work to do, he stated. Now the anticipation isn't purely speculative. The man forecast suggests substantial interest. McClurg envisions about 10 billion bucks flowing into these products within the first one to two months post launch. While bitwise projects 50 billion in inflows within the first five years. I think that's extremely conservative. I could see trillions of inflows within five years, but hey, to each their own. Valkyrie revised its spot Bitcoin ETF filing October 30th a few days ago with an S1 registration statement submitted to the SCC outlining the Valkyrie ETF. The proposed fund shares are intended to be listed under the ticker BRRR on the NASDAQ stock exchange. Valkyrie updated their app and a part of a wider trend as several firms have similarly refiled their spot ETF apps signaling a concerted effort toward regulatory compliance and optimism for approval. Bloomberg ETF analyst, James Saferard identified these amendments as positive signals for progress and possible imminent approvals. Let me know which you think will get the green light first from the SCC. We all know it's imminent. We all know it's going to happen, but when is it going to be November? Is it going to be December? Could it be January? Could it be March? Let me know in the live poll we have on the screen. I have some bonus content to share with you before we dive into the live Q and A. This is from jury and Timur. Why is this so relevant? He is the head of macro at fidelity fidelity being a four and a half trillion dollar asset manager. He's the one who predicted a billion dollar Bitcoin price by the year 2038 and here's something he just recently shared. He shares some incredible threads I want to share with you. Bitcoin is volatile, but it's scarcity and adoption curve create the potential for it to be a high powered hedge against monetary shenanigans. I think of it as exponential gold and in this chart it shows you Bitcoin going past $1 .2 million per coin. That's pretty sexy. Gets me excited as he shares here. One of the attributes of Bitcoin is that it's a network asset and as such it's adoption curve has followed the typical S curve shape. We have seen many of the S curves throughout history and he continues here in the thread. The question, where is Bitcoin's journey along that S curve? A network assets value is driven by its adoption curve, so the slope of that curve matters a lot. Makes a good point. And when I first went down this rabbit hole in late 2020 it's adoption curve, which I defined as the number of non -zero addresses was very steep. It resembled the S curve for mobile phones during the 1980s and the 1990s, which was pretty promising. I'm going to read you a few more now. However, as the real rate narrative changed from dovish in 2020 to hawkish in 2022, the adoption curve flattened and it is now closer to the slope of the internet adoption curve from the two thousands and it has not made much progress since 2021. Now we also had some other threads which are very valuable. I'm just going to read the lead part of it with Bitcoin moving up. Once again, will its adoption curve accelerate as it did a few years ago and how does the macro trend on rates affect it? There's some very insightful data. If you want this, check the show notes below the video in the description. I'll include all of this. And he had one more good thread continuing the discussion from the recent thread on Bitcoin. I highly recommend you check this out because again, this is the head of macro over at Fidelity, one of the world's largest asset managers. So there you have it, my crypto fam and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in our live Q and a, and I look forward to seeing you on tomorrow's episode.
Monitor Show 12:00 11-03-2023 12:00
"The world is more complex than ever, but that complexity pushes me to look at the bigger picture. I'm Emily Chang, and I cover tech, culture, innovation, and the future of business for Bloomberg. At Bloomberg, reporters like me dig into the context of a story, so you understand how it impacts you. Because context changes how you see things, how you change things. Context changes everything. Start watching my shows and more at Bloomberg .com. What the heck does that mean? I don't know. Breaking market news and insight from Bloomberg experts. We're going to be in an environment with higher rates for longer. This five -day in -office work week is effectively dead. It's definitely a good sign that we're not ready to land this economy just yet. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. You know, it's been a long week. I've been kind of making the pitch here to my producers that I've had enough on heading home, but I'm glad I'm sticking around here. Watch this. Coming up this hour, Bloomberg Global Finance reporter Shonali Basak, she's going to join us here in studio to talk about a recent discussion she had with Stanley Druckenmiller. So that's going to be good. Amy Glaser, senior vice president at Adecco, is going to join us to break down the latest jobs numbers and the outlook for hiring. And then the highlight, what is Matt Miller driving? We're going to be joined by our good friend Hannah Elliott, a Bloomberg Business Week columnist who's as crazy a car person as Matt Miller is.
A highlight from Bidens AI Executive Order, Core Scientifics Exiting Chapter 11 and Tethers $600M Loan
"Welcome back to the mining pod. We got a great news roundup. Actually, a lot of stuff happened in Bitcoin mining this week, so we have much to get into. The shows have been getting slightly longer. We apologize for that. I think it's because we really like Bitcoin mining, so we just ended up talking about it a lot. As always, Charlie and Matt are joining me today. We'll get into the news in just a moment, but first a word from our sponsors. Did you know that you can make more money by merge mining other networks? Check out makemoremoneymining .com for information on BIPs 300 and 301, a proposal to bring more revenue to Bitcoin miners through sidechains and merge mining, called drivechains. Increase your mining revenues and learn more about participating in Bitcoin governance by visiting makemoremoneymining .com. Are you a miner who wants to activate Bitcoin improvements? Check out activation .watch. See what Bitcoin improvements the Bitcoin community, developers, and miners are considering, and show support by signaling from one of many BIPs up for consideration. Activation .watch. Is your mining operation happening ready? Take control of your own future with the right energy strategy. Lyncoin Energy Trading Platform is a tool used by miners to design, monitor, and seamlessly orchestrate sophisticated energy strategies within electricity markets such as ERCOT, New York, and PJM. Avoid penalties, participate in demand response programs, and capture hundreds of thousands of dollars per megawatt per year by deploying the right block and index strategy. Secure your competitive edge at lyncoin .com. Are you a retail or institutional investor interested in Bitcoin mining companies? The Miner Mag brings you free data and analysis from all major Nasdaq -listed Bitcoin mining operations to know who stands out. Check out visualized metrics and data -dependent stories at theminermag .com. Hey, MiningPod. I'm Lee Bratcher, President of the Texas Blockchain Council. The Texas Blockchain Summit is now the North American Blockchain Summit. The same emphasis on policy, energy, and Bitcoin mining, but now expanded by working with our partners across the country. We've got great sponsors lined up like Riot, Marathon, GDA, Cleanspark, BitDeer, Lanceum, Kormit, Compass, HTS, Crypto Power, Priority Power, Sunoda, and many more. Solidify your next deal or JV or just come for the networking on November 15th through 17th in Fort Worth, Texas for the third annual North American Blockchain Summit. We'll see you there. Okay, welcome back to the show. On the docket, four different topics this week. First, we're going to start off with a little sidebar from Michael Saylor talking about Bitcoin miners dumping on the market. We'll get a little video here in a second, some responses to that. Then we're going to go into the meat of today's conversation. Biden administration putting out an executive order around AI and compute, then moving over to Core Scientific and its notice to move out of Chapter 11 in the coming months, and finishing off with Tether and its recent unsecured loan to Northern Data. So I'll first throw this video up on the screen. Let's take a listen now. Michael, Bob Pisani here. Bitcoin is going to be having a halving next year. That's a rare event. Can you sort of educate the viewers on what happens when that occurs and what, if any, effect that'll have on Bitcoin's price? Well, most of the natural sellers of Bitcoin in the market right now are Bitcoin miners, and they have to sell to pay their electricity bill and their capital cost and retire their debt. That's about a billion dollars a month's worth of selling into the market. The protocol forces that to be cut in half as of about next April, late April. So you're going to see $12 billion of natural selling per year converted into $6 billion of natural selling a year, at the same time as things like Spot, Bitcoin, ETFs increase the demand for Bitcoin. So that's why all of us are fairly bullish over the next 12 months. Demand's going to increase, supply is going to contract, and this is fairly unprecedented in the history of Wall Street. All right, I'll start off with this one. Yes, please do. Okay, so his assumption is that every coin that is mined is going to be sold basically immediately by a miner. Where I agree with him is that miners are natural market participants, and they are natural sellers in some degree in the sense that that is how they receive their revenue through mining, earning Bitcoin, and then they do have operational costs that they have to pay. But as we've seen clearly by public miners, right, in a very public fashion, people hold Bitcoin. Miners particularly hold Bitcoin in our long Bitcoin. He also makes it sound like this is a kind of a lot of spot market sell volume, when he said about a billion a month, which that's the upper bound. Where daily spot Bitcoin market volume is like this year, I would say average probably five to seven billion a day, right? And that's probably on a subset of exchanges, not globally. So we're talking about a pretty small market impact with not necessarily right numbers. Not to completely call them out, but I don't know, Charlie, what do you guys think? He can call them out. I'll echo what you said, Matt. I mean, miners are a natural seller of Bitcoin to cover opex. And this has kind of been a part of the conversation. Are miners the primary seller? Are they kind of the primary driver of this selling pressure in the market? If we back test it, if we look at real numbers, it's pretty clear they're not the primary driver. They're not the main seller of Bitcoin that happens kind of for other market reasons and other market participants. So I think it's actually pretty well understood of a phenomenon now or kind of mechanic in the market where I would say sailors kind of wrong characterizing it like this is not entirely wrong talking about the other things such as issuance and supply and demand ramping up. But as far as like sell pressure, I think that's a mischaracterization. Yeah, so I saw this video this morning on my feed, and I got a little annoyed because I do think like there's a lot of misinformation around Bitcoin selling into the market. I think it's just like the easy swing to take at people. And he does have like a lot of broad strokes answers within the CNBC interview. And I understand why he's talking to like a boomer market. They're not necessarily going to get it. They can understand that there's these miners and they sell. So that's why they like make everything so abstract. That being said, a billion dollars a month is not what we're seeing. So I looked at two metrics, just to sort of understand how miners are selling right now. One being this one from CoinMetrics, which takes a look at the one hop addresses, which would probably be Bitcoin miners. That's the best we can kind of guess. And how often they are selling based on what is their supply? Is their supply decreasing over a certain time period? And from August to October, it decreased by about a billion dollars USD over like a 60 to 90 day period you can see here on the screen. But it's actually rebounding right now. So that means miners are probably holding more. The second metric we looked at was the percentage of cells or the amount of Bitcoin sold by public miners. So we have that information from their statements they put out every month, and we have about 20 of these public miners. And they put out how many Bitcoin they sell every single month. And I just went back and looked at the last month that we have numbers for in September. And above 15 public miners took a look at, they sold about 165 million dollars worth of Bitcoin over that time period. And that's possibly like between 20 and 25 percent of network cash rate. So to get to Michael Saylor's number of one billion dollars sold per month, you'd have to assume that all these other Bitcoin miners are also dumping on the market and they're also dumping on like a price point that would push it towards a one billion dollar volume. It just seems like a little nonsensical to me. And then the other thing I wanted to mention was he talks about like this cell pressure is always there when it's not. You can look at this chart right here. You can see like Bitcoin miners are typically accumulating. They're not really selling. A lot of the miners we've tracked over the last year or so have been accumulating. It's only been the last few months that they're selling and they're really only selling their production. They're not selling their treasuries. They typically have very large totals. But we've probably beaten that subject to death unless Matt, you have a follow up? I was just going to say if what Saylor was saying is true, that chart would be a flat line, right? Because it's a cumulative amount held by the addresses. But very different, yes. Well, actually, you should you should relay that it's in dollar terms. You should relay the Bitcoin price over the chart. But you can see on that chart that in May 2020, it was going up, right? So when the previous halving hit, actually the amount held by miners was increasing as coins were being issued at one half the rate. Maybe that'll happen again. I do like starting off an episode with a modest Saylor pushback. So a modest proposal for Saylor. That's okay. He bought more Bitcoin this week. So I guess we'll take it. Well, we'll appreciate what he did. Let's go over to another video clip. The Biden administration this week put out an executive order relating to general compute and AI, essentially stating that if you're over a certain size of compute, then you need to register with the national government so they can keep an eye on you. Very interesting executive order that made a lot of people in the tech industry unhappy. I saw Marc Andreessen tweeting about this. I saw numerous people tweeting about this in the tech industry, saying you can pry this GPU out of my cold, dead hands is basically the tagline. Now for the gist of it, I do want to get into it in a second. It does seem like the regulations are such a high hurdle or threshold at this point that's not really going to affect the industry. It's like a forward -looking regulation. But it is somewhat concerning. Before we go into that, I do want to show this clip from Sam Altman, the CEO of OpenAI. He testified in May to Congress about the need for regulation in AI. And to me, this is sort of where the whole story begins. So I get this video first before we dive into anything else. But it is absolutely true that the number of companies that can train the true frontier models is going to be small just because of the resources required. And so I think there needs to be incredible scrutiny on us and our competitors. I think there is a rich and exciting industry happening of incredibly good research and new startups that are not just using our models, but creating their own. And I think it's important to make sure that whatever regulatory stuff happens, whatever new agencies may or may not happen, we preserve that fire. Charlie, I'll hand it over to you to get your take on it. This pissed off a lot of people in the tech industry, as I think it should. But where do you think you draw the line for regulation? Dude, I'm really not that qualified to talk about regulation on AI. I think this should be a careful scrutinized industry, but I don't know how we should scrutinize it. Sam Altman tends to be a divisive figure and kind of rubs me the wrong way as far as like how much trust him to be the figurehead for this new frontier, as he says, but I really don't have a strong take on this. I'll throw it over to Matt. I will give my consumer's perspective, but I guess like Sam Altman is, and that's the first time I've seen that clip, but he's like in a line of these notorious tech founders, Zuckerberg, Elon, coming to Congress and saying, we are open, please regulate our industry. I can't help but think, of course they want that. It just gives them a bigger moat if there's more regulatory capture, if there's more licenses that need to be done that restricts open competition. My worry is that in the AI industry particularly, if there is a higher barrier to compete, that when we interact with AI, there will be kind of a standard truth among them that spits out a lot of very plausible, believable answers, but if you've interacted with any of the earlier large language models of today, they can be very believable, but they can also be incorrect if you are asking them about things that you yourself are a subject matter expert on. I think open competition is a very good thing in the sense that other perspectives or more truths can be relayed to you from interacting with AI. That was a bit of a rant, but the general sense is that open competition, I think, is pretty important in the AI space, especially with how big people are forecasting it will become. I went to see the Oracle of All Truth, which has read it to better understand this executive order, and the executive order said, quote, any model trained with over 280 million H100 hours, H100 being a model of GPU, or any cluster with 10 to 20 FLOPS, which is 50 ,000 H100s, so it gave this very generalistic metric for understanding what is going to be regulated by the government or must be regulated by the government, and for most people, it's like, I have no idea what that is, but according to Reddit, the idea here is that this is a very, very high threshold. Only a few companies would be able to do this. The Microsofts, meet that threshold at this point, but that does give the government the ability to start incrementally regulating this industry as it gets going and off the ground, very much in the same way that they tried to do this with early compute in the 70s and 80s. They tried to do with cryptography in the 90s. Typically, all these things fail over time, but it does present a large hurdle and or does create monopolies within the new tech sector. I'll say it seems ridiculous to me to define an amount of compute at the legal or at the structural level. This is the fastest moving industry, so by the time this becomes enshrined into law or policy, then we will already have been Moore's law 18 months, doubled the amount of compute or whatever. It seems crazy to me to define it like that. I have not had a lot of faith in our regulators to tech understand at a level well enough to regulate it, so I'm not super optimistic that we'll know what we're doing this time around.
"matt small" Discussed on WTOP
"It's Saturday morning, made we it to the weekend, everybody. Welcome in July 29th, 2023. Glad you're with us. It's early 2 a .m. Dean hour. Lane, Matt Small is our producer. Among the top stories we're following for you as we roll into this Saturday morning together here at WTOP. Former President Donald J. Trump is not backing down this weekend after learning this week he that faces three brand new felony charges in connection to the classified documents case. The former president to took his social media platform this week, the one known as Truth Social, to criticize Special Counsel Jack Smith and at the same time accused the Justice Department and Biden administration of weaponizing the levers of power against him. CBS congressional correspondent Scott McFarland with more on the new charges. This week is ending though with this first ever federal criminal prosecution of a former president getting bigger without a doubt. now There's an extra defendant, a third defendant, named Carlos de Oliveira, a maintenance worker at Mar -a -Lago, now, who along with Donald Trump and Trump's aide, Walt Nada, stands charged with conspiracy and obstruction and added some new charges here. They've added an allegation also that de Oliveira, Nada and the former president executed this scheme to try to destroy evidence to delete video from security cameras on the grounds at Mar -a -Lago. De Oliveira makes his first court appearance Monday morning, 10 30, at the federal courthouse in Miami. Meanwhile, the former president was one of 13 Republican presidential candidates that attended the Lincoln Day dinner in Des Moines in Iowa on Friday night. They all took to the stage to address more than a thousand members of the Republican Party attending. Former President Donald Trump leads the Republican presidential field by as much as 30 points in some polls. His popularity, sustained despite the legal challenges, is why opponents closest to him avoid directly criticizing his alleged misconduct. In an interview with CBS News Thursday, Florida Governor Ron DeSantis wouldn't do it. I think voters have to make those decisions at the end of the day. The election's got to be about the future. The more it's about other things, the more Biden's able to hang out and in the basement end again up cruising to a victory. That is CBS News Senior White House and political correspondent Saturday morning, Ed O 'Keefe. For the first time, turning the page this morning now, President Joe Biden is now his seventh grandchild. Following criticism from political rivals and pundits, President acknowledge the four -year -old. She was fathered by Hunter Biden in 2018. Maternity was established by DNA testing after the mother sued for child support. The two parties recently resolved standing child support issues. The president's son wrote about his encounter in his 2021 memoir, saying came it while he was deep in addiction to alcohol and drugs, including crack cocaine. The president says the situation is not a political issue, but a family matter, and that he and the first lady want to do what is best for all of their grandchildren. Norman Hall, Washington. A busy day for President Joe Biden. He was in Maine to boast about cooling inflation. Consumer prices rose last month their at slowest pace in more than two years, and wage growth cooled last quarter. I'm not here to declare victory on the economy. We have more work to do. At a textile manufacturing facility in Auburn, Maine, the president said he has a plan for turning things around, moving away from trickle -down economics. Next, call for the plan that's working. Building from the bottom up, middle out. The president said Republican opponents in Congress may need to find a new issue to attack him on. Now that inflation is coming down. Maybe they'll decide to impeach me because it's coming down. I don't know. I love that one. Oh, anyway, it's not a story. Maine Republican state representative Joshua Morris says bills are going up of because Joe Biden. He should be apologizing, not bragging. Ed Donahue, Washington. The president also giving final approval this week to the biggest reshaping in generations of the way sexual assaults handled by the military. President Biden on Friday took the final step to reform how the US military prosecutes sexual assaults. Mr. Biden's executive order cemented the law passed in 1971 that moved military prosecutions for sexual assault and sexual harassment away from chain the of military command and enter the purview of specialized independent military prosecutors. That is CBS White House correspondent Bo Erickson TLP. Well, nobody won the mega millions last lottery evening Friday night. So the jackpot now climbs. We were told this morning to more than a billion bucks. The chances of winning are still one in 302 million. So why do so many people still stand in line to buy all these tickets? Kay Lamar is a psychology professor at Pasadena City College. So when the something is like one out of a million versus one out of a billion, those probabilities are very, very different. But us, to it feels the same, right? And so someone might get a lot of fever because it looks like they could win this huge amount of me, it's very hard for us to understand what those odds are. With Dean Lane on WTOP recapping some of the tough stories we're following for you on WTOP this morning. CBS News Brief, the mega million jackpot climbs past one billion dollars after no one had all the numbers. The odds of winning are one in about 300 million. So why do we still buy tickets? UCLA professor Timothy Fong. This is absolutely designed to stimulate what
"matt small" Discussed on WTOP
"Good morning and rich hunter matt small is our producer the top stories were following for you today the justice department is unsealed its forty nine page indictment against former president donald trump he is facing thirty seven charges related to a story of classified documents after he left the white house the charges also include obstruction conspiracy and making false statements to investigators cbs news correspondent scott mcfarlane has more on the former president's court appearance coming up on tuesday in miami sub -republican voters who came to hear trump speaks and they expect the case will political search thinking it's stronger with an indictment getting stronger but the legal peril is israel when trump faces a judge in miami tuesday afternoon says florida based criminal attorney michelle susco the federal government is not playing here they've done their investigation they have their documents they have their photographs they have their witnesses and they are ready to go with charges carrying a maximum of decades in prison and making trump the most famous criminal defendant in u .s history yesterday the former president made his first public appearances since the indictment during campaign stops in georgia and north carolina mr trump blasted the indictments maintains he did nothing wrong president biden first and lady joe biden hosted a pride celebration at the white house saturday singer betty who co -hosted the event president biden spoke and denounced anti -gay and anti -transgender bills country we need to push back against the hundreds of callous and cynical bills and laws introduced in states targeting transgender children terrifying families and
"matt small" Discussed on WTOP
"Good morning, I'm rich hunter, Matt small is our producer, the top stories we're following for you today. President Biden House speaker Kevin McCarthy have reached an agreement to raise the nation's debt ceiling and resolve the looming debt crisis. After weeks of negotiations, we have come to an agreement in principle. We still have a lot of work to do, but I believe this is an agreement in principle that's worthy of the American people. McCarthy did not speak to the details of the deal instead telling reporters she wanted to brief members of Congress on its elements first. The deal raises the debt ceiling for two years while also cutting and capping some government spending. CBS News cute act joined WTO to tell us why both Biden and McCarthy may face criticism from within their own parties. Kevin McCarthy, the Speaker of the House, has at least four or 5, if not more, it seems like there will likely be far more members of the right Flank of his party, who are not going to be on board with this bill. And what that means is that the Speaker of the House needs Democrats to cross the aisle and join and vote for him. A lot of Democrats, however, feel like they've been cut out of this process. It's been The White House going back and forth with the speaker's office and particularly progressives. Feel like they haven't been able to voice their concerns. McCarthy said he was speaking again with President Biden later today in hopes to have a vote on the bill by Wednesday. The Republican led Texas House of Representatives has voted to impeach Republican attorney general Ken Paxton. The move Saturday triggers his immediate suspension and sets up a trial in the state Senate that could permanently remove Texas's top lawyer from office. The historic vote came after a month's long House investigation into the three term attorney general that resulted in 20 charges, alleging sweeping abuses of power, including obstruction of justice bribery and abuse of public trust. During the debate before the vote representative David spiller laid out the allegations against Paxton, it brings me
"matt small" Discussed on WTOP
"To you, I'm Liz Anderson Matt small as our producer, the top stories we're following for you today, starting with the fighting that's intensifying in Sudan. The U.S. Military has airlifted embassy officials out of the country, international governments were also racing to get their diplomatic staff and citizens out. Joining me to talk about it national security correspondent JJ green good morning JJ, how are you? Good morning, Liz, I'm fine. How are you? Doing well doing a well, so I have a few questions for you earlier today. The U.S. Military evacuated Americans from Sudan. Who did this include and from where? Yeah, Liz, this has been brewing for about a week since about April 15th rapid reaction forces from the U.S. positioned in the region conducted this extraction and it involved U.S. embassy personnel from the embassy in Khartoum. And all of this took place in about an hour because these are special operation forces that have been trained and prepared to do this kind of thing. They had help from Ethiopia, Djibouti, in Saudi Arabia, but it involved essentially these embassy personnel at the U.S. embassy. Thank you so much, JJ. So what about other Americans there? What's going to happen to them? Well, it's not clear. There are about 16,000 and that's a ballpark number in the region because a lot of people that go there or go to any country don't often register with the embassy, so it's not an exact number. It's not a full clear number of how many people there. The U.S. spent last week, all of last week, urging people not to stay there to leave to get out and certainly not to go there. But at this point there's nothing that I understand is being done to get those folks out because in part, it's their responsibility, but if something does happen that puts their lives in danger, I'm pretty sure the U.S. government will make some kind of arrangements based on what they're able to do. And so the final question, what's driving all the fighting, all the intensification what's all behind it? A couple of years ago, in fact, three or four years ago, the former ruler of Sudan Omar el Bashir essentially was run out of government, by the military. And the military took over. At the same time, a paramilitary group rose up in the region that essentially is fighting against the current military organization and the operation of the country. They used to work together. They used to be allies, but something has changed that relationship in recent years. It's believed that the Wagner forces from Russia, which have been in the region in several other countries in the region, have essentially sought to drive the two apart. Sudan is a very resource, rich country, certain resources, Wagner and Russia want those resources. So it's widely believed that this sudden blow up of tensions was essentially fanned or put in place or at least assisted by Russian, shall we say Russian interest that were led by the Wagner group in the region. Wow, thank you so much, JJ. We appreciate your perspective. Is there anything else that you'd like to add that I did not ask? I would just say this Liz, this could boat up even further and worse, it depends on how much focus is placed on the root cause of this. There are other forces in the region, other countries in the region that want this to be settled sooner than later because this has been a region that's had trouble with stability for years. Other countries around Sudan. But they're actors in the west that want this to essentially be dealt with. But in order to do that, they've got to deal with the forces that are fanning the flames of this. So that may be another part of the problem here, bandwidth is the key. Does the U.S. and the west have enough bandwidth to fight in Ukraine and to fight here as well to deal with what Russia is trying to do? Wow. Thank you so much. And we will be keeping track of this story. Thank you again, that's WTO national security correspondent JJ green on Skype, where you can add something JJ? Oh, okay, I guess he's gone now. It is 7 35. Speaking of Ukraine, let's turn to Ukraine, The Pentagon is speeding up plans to train Ukrainian troops on U.S. made Abrams battle tanks nearly three dozen of the tanks are expected in Germany by the end of May. CBS News correspondent Holly Williams described describes the tanks that are being used there right now. Through dense forest in eastern Ukraine, down muddy tracks, we were taken to see something hidden amongst the trees. An entire battalion of Ukraine's third tank brigade. These are all Soviet made tanks more than three decades old But they allow the Ukrainians to penetrate deep into territory occupied by Russia. That CBS News correspondent Holly Williams reporting in eastern Ukraine. And coming up after traffic and weather or tornado touches down in our area during Saturday storms, and some major projects expected on metro this summer, it is 7 36. You know the feeling of that springtime itch and
"matt small" Discussed on WTOP
"To grow. Good evening, I'm John Durham and Matt small as our producer. The top stories we're following for you this evening. The U.S. government says it's reached a deal aimed at averting a major financial meltdown tomorrow. The Federal Reserve is deploying emergency measures to shore up the banking system and backstop deposits at two banks that have been deemed too big to fail. Silicon Valley bank and signature bank of New York both collapsed in recent days. Officials say depositors will get all of their money beginning tomorrow morning at no cost to the taxpayer. The money is coming from the depositor insurance fund, which is bearing the risk, not the taxpayer. Henry CBS News, Washington. All of that happened just hours before the world market's open, more with CBS News Robert Costa. Biden administration officials expressed confidence that the U.S. financial system remains safe and sound. And that depositors nationwide should not worry about losing access to their money. But Democrats and Republicans remain on edge over the fallout. And there is a divide over who's to blame and what should be done. Futures trading reacting quite positively Dow futures up over 300 S&P futures up over 50 and NASDAQ futures up over a 162. It's ten 32. Special report, I'm Steve futterman live at the Academy Awards in Hollywood. We're coming down to the final hour now the top awards still to come best actor, best actress, and of course the top prize best picture everything everywhere all at once remains the favorite to win that prize, the best supporting awards both turned out to be quite emotional, kiwi Kwan became the first Asian American to win best supporting actor, best supporting actress went to Jamie Lee Curtis for her role as an unforgiving tax auditor in everything everywhere
"matt small" Discussed on WTOP
"Producer here at W two up here. The top stories were following for you this morning. Former vice president Mike Pence is voicing his harshest criticism yet of former president Donald Trump. WTO's Matt small has the story. Speaking at last night's angle white tie gridiron dinner where politicians and journalists gathered here in D.C., hints called Trump's words on January 6th, 2021 reckless, adding that they endangered his family and everyone at the U.S. capitol. In pence's words, president Trump was wrong, adding, I know history will hold Donald Trump accountable. The event was held at the Omni shoreham hotel in northwest, while Trump has already declared his 2024 White House run, Pence has not, but the AP reports he's been laying the groundwork to do so. Matt's small WTO news. The chief of moody's analytics tells CBS News he does not see this past week's collapse of California's Silicon Valley bank becoming a much broader issue for the financial sector Meanwhile, the bank's clients are scrambling and asking the federal government to step in and help them recover their accounts. Many of which are held because they are much larger than the $250,000 per account insured by the federal deposit insurance corporation. On Friday, state regulators shut down the bank, transferring control of its assets to a new institution controlled by the FDIC. In a statement, the agency said customers would be able to access their funds no later than Monday morning. But it only ensures deposits up to $250,000. The bank serves some major companies like Roku, Pinterest, Shopify, and Etsy, which warn sellers that some deposits may be delayed. That is CBS reporter James inman reporting from The White House. More than 8500 people are now under evacuation orders are warnings in California's Monterey county after a Levi levy breached on the Pedro river. Lou bauman is the county's water resources agency spokesman. He says, the 120 feet bridge will flow uncontrolled until interim protective measures can be implemented. The state of California, department of water resources is currently en route with their contractor to formulate a mitigation plan that will require not only access, but appropriate materials and construction technologies to close that breach. Among the crops that Northern California, agriculture agricultural community is famous for its strawberry crop. Ukraine insists its forces are fending off the relentless Russian attacks in the besieged city of balkh, even as the mounting Ukrainian casualties are fueling talk of a retreat. We had to destroy the houses in order to get closer to this Russian soldier says, and in each house, there were several groups. The remains of Ukrainian soldiers are seen still lying where they were killed
"matt small" Discussed on WTOP
"The top stories that we're following for you this morning, former vice president Mike Pence steps up his criticism of former president Donald Trump. WTO's Matt small tells us in pence's words, president Trump was wrong. While speaking at last night's annual white tie gridiron dinner, while politicians and journalists gathered here in D.C., hence calls Trump's words on January 6th, 2021 a reckless, adding that they endangered his family and everyone at the U.S. capitol, speaking at the Omni shoreham hotel in northwest and said in his words, I know history will hold Donald Trump accountable. In its final report, the House committee that investigated the attack on the capitol said Trump had riled up a mob that hunted his own vice president. Matt's small WTO news Clients of California's Silicon Valley bank are fretting and they're scrambling this weekend after federal regulators shut the bank down on Friday. Many are asking for help from the feds, especially those who had deposits over the federally insured $250,000 limit. The bank serves some major companies like Roku, Pinterest, Shopify, and Etsy, which warns sellers that some deposits may be delayed. Small business owner amber fields now swept up in the chaos. I don't know the three. I run a small business. I do this for my home. Those funds feed my family and pay my bills. The effect is also being felt overseas, with Israeli prime minister Benjamin Netanyahu, saying his government will take steps to assist businesses that are impacted. At CBS Willie James inman reporting from The White House, they are meantime the chief of moody's analytics tells CBS News, he doesn't see SVB collapse becoming a broader issue for the financial sector. 5 32 daylight saving time in Northern California farming community known for its strawberries is underwater this morning and more rain is on the way. Late Friday night, a levee breached on the power Ho river, prompting mandatory evacuations in Monterey county, KPIX TV reporter dalin is in Watsonville with more. Some residents could not get out in time. The California National Guard soldiers rescued dozens of people. First responders also rescue the woman and a little girl from a car that appeared to have been pushed off the road by floodwaters. Search and rescue workers from Oakland used their boats to look for stranded residents. Many streets are under at least two to three
"matt small" Discussed on WTOP
"Storm team four meteorologist Ryan Miller. Plenty of sunshine for your Sunday temperatures this afternoon close to 60° and no win to worry about here through the afternoon hours. Temperatures tomorrow as well will be close to 60 with sunshine. Sunshine for your Tuesday and Wednesday, we're going to stay in the 60s on Tuesday by Wednesday though we're back in the 50s. I'm storm team four meteorologist Ryan Miller. It's 39 and Reagan national 32 at BWI Marshall and 29 at dulles. Congratulations to Judy Rosenbaum from mcclain she knew this hour's mystery newsmaker was Chris Rock. He had a stand up special air live on Netflix last night. Judy just won four tickets to super pet expo at the dulles expo center plus a swift Paul's home original for the dog valued at $449. Listen next time for another chance to play the WTO mystery newsmaker contest. It's a 31. This is WTO P news. Everything you need every time you listen. The WTO producer's desk is wired by IBW local 26. Where electrical contractors come to grow. Good morning, I'm Luke Luger, Matt small is our producer, the top stories we're following for you today. In Frederick Maryland, the driver of a tanker truck is dead after that rig overturned and exploded just before noon yesterday. It happened along route 15 near Rosemont avenue, strong winds, caused the flames to spread damaging 6 homes and 5 vehicles. No one else was injured. Maryland state police are investigating the crash. A Norfolk Southern train derailed in the Springfield, Ohio area Saturday. The train the transportation company told CBS News that 20 cars of the 212 car train derailed and that there were no hazardous materials aboard the train. There were no reported injuries as well, Clark county emergency management agency did ask residents near the accident site to shelter in place out of an abundance of caution shown heathen witness the derailment. That
"matt small" Discussed on WTOP
"It's 5 32. I'm Dan Roman, thanks for joining us. Matt small is our producer this morning, the top stories we're following for you today. We have an update to that double murder inside of our herndon home yesterday. Fairfax county police are investigating the sequence of events that they said led to one man to stab a woman and then that woman's husband to shoot the man who attacked his wife. At 7 49 a.m., the first 9-1-1 call from the home unstable brook way was a hang up. Fairfax county police chief Kevin Davis says 13 minutes later, the second 9-1-1 call came in from the family's au pair's cell phone. The husband tells the 9-1-1 call taker that he just shot a man inside of his home and that the man who he had just shot had stabbed his wife. 37 year old Christine banfield died at the hospital 39 year old Joseph Nathan Ryan of Springfield died inside the house. Police say there was no sign of forced entry into the home and Davis says the father is not speaking with investigators. There was a four year old child inside the home. She is unharmed. Meghan cloher, WTO P news. Ukraine marked yesterday's one year anniversary since the start of Russia's invasion. CBS News correspondent Charlie dagger has more from Kyiv. Russia's ally China has called for a comprehensive ceasefire and a 12 point peace plan. He says he'll meet with Chinese president Xi Jinping, but didn't elaborate on exactly when. President Putin has shown no appetite for peace. Either because
"matt small" Discussed on WTOP
"I'm Dan Ronan, Matt small, there's our producer, the top stories we're following for you this morning. Several family members of former president Jimmy Carter are gathering at his home in plains, Georgia after word came yesterday that the nation's 39th president has decided against any additional medical care. In a statement, the Carter center says the 98 year old is choosing to quote spend his remaining time at home with his family and receive hospice care instead of additional medical intervention. The decision comes after a series of recent hospital stays, families asking for privacy, but says they are grateful for the concern shown by his many admirers, Jimmy Carter is the only Georgia born U.S. president John fenn O'Brien for CBS News Atlanta. Jimmy Carter is 98. The death toll from the twin earthquakes that struck turkey and Syria has now climbed beyond 46,000. Despite that and more than 300 hours after the earth shook, some people are somehow still being pulled out of the rubble alive. Crumbled concrete and twisted metal. This was once home to over a thousand people, as many as 800 of them died right here. Mustafa Al mahawi is one of the few survivors. He tells us how he was trapped under the rubble with his wife and three children for more than 22 hours. I found a big rock and I hid it as hard as I could and shouted here. I'm here. We saw a light and my kids started shouting. That is CBS reporter. I'm a tie as tayab reporting from the part of the rebel held northern Syria hit hard by those quakes. U.S. forces have carried out multiple raids against ISIS members in Syria, resulting in the capture of one official in the deaths of a senior leader and one person who is believed to be part of an assassination cell. There have been now three rage, one of which ended with the target being killed by his own hand, setting off either a suicide vest or a hand grenade, and that ended up wounding for U.S. soldiers and the military working dog. They had with them. CBS News national security correspondent David Martin reporting from The Pentagon. Victims of last week's mass shooting at the Michigan state university in east Lansing were laid to rest yesterday. W W J TV reporter Luke laster is in clausen, Michigan, where one victim was buried. Memories shared during the funeral of a young life taken too soon. Long hugs and tears remembering 20 year old Alex Werner. Who is Werner is one of the three victims who lost their lives during a shooting on the campus of Michigan state university. 5 days after the deadly shooting, family, Friends, and community members gather at berners hometown of clausen to look back on her life, Luke laughter, CBS News, Detroit. Meanwhile, Michigan state is set to return to classes on Monday amid pressure from some of the community who want to further delay the return back to classes
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"Come to grow. Good morning to you. I'm Liz Anderson Matt small as our producer, the top stories we're following for you today. Former president Jimmy Carter has entered home hospice care. The 39th U.S. president has decided against any further medical treatment according to the Carter center. It says the 98 year old Democrat has chosen to spend his remaining time at home with his family in Georgia. The former president is the longest living U.S. president in American history, he only served one term, but it's his time outside the building behind me that's really defined his later decades. Volunteering for habitat for humanity and speaking out on social justice issues. He was diagnosed with brain cancer in 2015, which he beat. But started to have a series of health problems in 2019. Now they stopped him from doing one of his favorite things, which was teaching Sunday school at church. At CBS News correspondent Christina ruffini reporting from The White House. Secretary of State Antony Blinken has met with China's top diplomat, Saturday's meeting was the first high level discussion since the U.S. shot down a suspected Chinese spy balloon two weeks ago. Blinken and Wang Yi held sidelined talks as the two attend the Munich international security conference, Lincoln canceled a trip to Beijing earlier this month due to the balloon incident. And the death toll from the twin earthquakes that struck turkey and Syria has climbed beyond 45,046 thousand rather, despite that and more than 300 hours after the earth shook, people are somehow still being pulled out of the rubble alive
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"Matt Small W T o P News coming up Next odds arising you might be on a 7 37 Max. I'm Jeff Global 10 24 or more than 20 years, solar winds has been a global leader in it management and monitoring solutions. We give government agencies the tools they need to improve performance. Reduce costs and streamline operations. Solar winds provides powerful, affordable and secure products that deliver unified visibility and scalable monitoring across geographically distributed networks and hybrid it infrastructures. Monitor and manage your critical environments with solar winds To learn more visit solar winds dot com slash government. Draftkings Sports Book is not only America celebrated sports book, but it's my favorite sports book. It's easy to navigate has plenty of instructions. If you're a new better and so many ways to get in on all the action right now, Draftkings Sports book is putting you courtside with a chance to turn $1 into $100 in sight credits. Plus, they also offer great odds and promotions on baseball, hockey and so much Are all week long Download the top rated draftkings Sports book APP Now in use promo code w T o P When you sign up to turn $1 into $100 in free credits Bet on the basketball team of your choice to win their next game, And if they do, you'll claim $100 in free credits. That's promo code w. T. O P for a limited time only at Draftkings sports book must be 21 or older Virginia. Only new customers only wager paid out in sight Credits. Restrictions applies the draftkings dot com slash sports book for details. If you are someone You know, has a gambling problem called The Virginia Problem. Gambling Help line at 8885323 500 Money news.
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"Table in Virginia for Fair Free transit program. We're hoping to make more people and connect more people. That's Virginia Transportation Secretary Shin and Valentine talking about the States Transit ridership incentive program. The goal boost ridership while lowering the barriers the transit use for low income people. Alexandria is dash, Fairfax County's connector and Omni writer among the bus systems. Have expressed interest approved by the General Assembly is part of a sweeping transportation package last year. It's so far been delayed Did the Corona virus pandemic Matt Small w T. O p News answered. Agencies can apply for funds this summer decisions expected later in the year. Georgetown can now has water flowing through it again. Soon you'll be able to ride it's brand new boat. It won't be much longer until you can ride in the new $1.5 million Boat on the Georgetown see No Canal. Jeffrey Nichols, executive director of the nonprofit Georgetown Heritage, We hope to get as many visitors to travel the roughly one mile trip on the canal in Georgetown beginning hopefully later, the ship Soon you'll see a giant harvester clearing vegetation for the boat. Millie Heaven as the partnership coordinator for the CNO Canal National Historical Park, says the water will then be drained so the boat can be brought in. And when that happens, we will be putting in a kayak Doc east of the 34th Street pedestrian bridge, so the public can anticipate using that this summer, which is very exciting. Valerie Bonked. W T OBY News. If your summer travel plans include taking a dip into a beach or lake, there are some basic safety tips you need to know about if you're caught by a rip. Current. Don't panic and start treading water. Just relax. Zachary, Hilly with the Goldfish Swim school in Gaithersburg says. You do that by tilting your head back and while leading into a backflow position, move your hands back and forth and your feet in an eggbeater type motion. You never want to swim against the.
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"The clouds. Has to be in the mid upper thirties and a little bit milder near 40 degrees on Thursday with some showers arriving towards the evening 29 degrees right now in Hyattsville, 26 Brambles him. It's 24 right now. Woodley Park Northwest D. C. Okay, thank you Mad. It's a 52 here and you know, a lot of people are finding that getting out and about his tricky across the region this morning, and as you've been hearing, there are a good number of traffic challenges and walking can be just as tricky as being on the roadways because of the ice covered sidewalks, wt. He's Matt Small gave us a sense of his experience into work This morning. Nearly normal pandemic levels of vehicle traffic passed by on Wisconsin Avenue is I Trek South for a block toward the D. C line roads were wet and slushy in spots but otherwise clear. I passed less than a dozen people on crunchy sidewalks, some with coffee and hand one man even jog by wearing shorts. A worker was spreading What appeared to be salt and sand at Chevy Chase Circle Warm and safe in the newsroom. Matt Small w T o p News. President Biden's nominee to become secretary of Homeland Security will have to wait another day for Senate confirmation vote. The vote for Alejandro My orchestra was scheduled for today, but the wintry weather will push it back until tomorrow. My orchestra was the DHS deputy secretary during the Obama administration and was one of the creators of Dhaka of the Deferred Action for Childhood of Rivals program. Also tomorrow, the Senate holds a confirmation vote on the nomination of people to judge to become transportation secretary was several days of freezing temperatures in the four Cast. There should be a focus right now on the plumbing, both inside and outside of your home first find where the water shut off Valve is in your home. If a pipe inside your house were to break you want to know exactly where that is, so you can get the water shut off as quickly as possible. Then. Riggins with Wssc says the valve is usually in the utility room. Also, but foam insulation founded hardware stores around any pipes that get under 55 degrees. You're on the hook for leaks inside the house, but a broken water main outside his wssc s job to repair, she says. Some people think they have a special board that tells them when one goes, we don't we know when those larger pipes break but for the ones near our home, you need to let them know about it. Mike Murillo. W T o p News Whole Robin Hood Gamestop thing is not over. We'll tell you about that coming up in money news. 8 54 discover matches.
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"To you by mattress warehouse by with confidence with a one year price guarantee on Lee at Mattress warehouse sleep happens. Com 41 Now on double D T O P. Frustrations are high region wide as people try to sign up for a covert vaccination. They're told they might have to wait for weeks, maybe months. Well today, Virginia Governor Ralph Northam acknowledge the raw feeling. Everyone wants to get their shot now and I get that. And with that governor Northam laid out the ways Virginia is moving ahead after the initial cove in 19 vaccine rollout what to expect a single statewide system. With a phone number and a Web site where every Virginian Congar Oh, and have their information go to the right place. The governor calls it a priority and says it'll be ready soon. Virginia is also introducing a new dashboard to keep track of vaccines. North, UM also says statewide social distancing restrictions due to expire this week will be extended. Until the end of February, explaining this is no time to let down our guard Matt Small w T O P. NEWS. It's 5 43, now to Maryland, where Montgomery County leaders are working to clarify who can get their vaccinations and where Montgomery County Health Officer Dr Travis Gales on how the health Department is organizing covert 19 vaccinations. The county apparatus is prioritizing one A and individuals in one B, who are over the age of 75. At the same time, hospitals air working with the county and some are offering vaccinations to people in Category one See, which includes those older than 65. A number of them have stood up clinics starting this week and one is in the works. But officials are asking that if you do get an appointment at one hospital or clinic Don't register for an appointment at others that's been gumming up the process and bumping other people from getting a spot. Kate Brian W..
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"An influx of coronavirus patients 23 this morning at a meeting of the Charles County Board of Commissioners, he said the hospital's cove in 19 vaccination program is underway with about 420 shots given so far, Although Grimes called the Fizer and Moderno vaccines equally as effective, he said the hospital is trying to use mostly the Moderna one. Because it has much less handling requirements. Matt Small w T. O P News military is seeing Mork coronavirus cases as positive tests continue to rise all across the country. Let's find out more from federal news networks. Scott Massey owning more than 110,000 Service members have now been infected with Corona virus, according to new numbers from the Defense Department. Military seen cases rise faster in recent weeks about 50,000 service members who have been infected from Thanksgiving to the new year. The number of people related to D O D, who have been infected is nearing 170,000 that includes contractors and military dependents. 14 service members have died from the disease duty, attributes the low mortality rate to a young and fit population. Scott Mosconi Federal news Network. It is 3 42. Covert is blazing a deadly trail through the U. S and parts of Europe. German Chancellor Angela Merkel has agreed to extend the country's current lockdown to January. 31st. Merkel says her government is also tightening curves on social contacts like it did when the pandemic started in March. There are also calls to restrict movements of people living in places with high infection rates. Germany's move follows another national lockdown in the UK, which is also dealing with a difficult spike in cases 3 43 here on Double D T, o P and English Act on English actress who appeared in a hugely popular film. Syria's says her newborn has tested positive for Corona virus. Harry Potter actors. Jessica Cave has announced that less than three months after giving birth she's isolated in a hospital room with her new son, who's tested positive for Coronavirus Cave posted an image of her baby boy in a hospital bed as she watched British Prime Minister Boris Johnson's lockdown announcement. She says her baby boy is OK and doing well. But the doctors are being vigilant and cautious. The 33 year old mom of three is known for playing lavender Brown in the Harry Potter series. Matt Piper. CBS News Coming Up on w. T. O P. A group of Northern Virginia prosecutors wants to end the death penalty in Virginia..
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"Maryland and Virginia have had major delays and rolling out Corona virus vaccines. Data from the Virginia Department of Health on Monday showed that fewer than 90,000 vaccines have been administered barely 20% of the state's current shipments, according the Richmond Times Dispatch, Governor Ralph Northam is office said that Virginia's main problems right now are around. Data reporting. Maryland has given out more than 65,000 doses of the Corona virus vaccine as of Monday, according to state health departments, Dashboard that's just over 1% of the state's population centers. For Disease control data shows Maryland has vaccinated just over 1000 people out of every 100,000 ahead of just 10 states. My GREE Gee, a spokesman for Governor, Larry Hogan, told the Baltimore Sun that the governor warned the launcher be slow after the federal government was setting all kinds of expectations about the vaccine. Valerie Bonked w T o p News Was the fight against Cove in 19 going in Charles County, Don't you T O. P. S. Matt Small as the latest from a hospital in the play to Bill Grimes, who heads ancillary services at the University of Maryland Charles Regional Medical Center, says the hospital has been seeing a normal level of patients for this time of year, plus an influx of coronavirus patients. 23 this morning at a meeting of the Charles County Board of Commissioners, he said the hospital's cove in 19 vaccination program is underway with about 420 shots given so far, Although Grimes called the Fizer and Moderno vaccines equally as effective, he said the hospital is trying to use mostly the Moderna one. Because it has much less handling requirements. Matt Small w T. OBY News, mostly local music venues are closed because of the pandemic. But don't worry. This week of fun slate of streaming.