36 Burst results for "Nate"
The Dan Bongino Show
Dan and Paula Have a 'Euphoric' Night at the Morgan Wallen Concert
"Blast, but I gotta tell you something you Know I've been married 20 years, and I was watching a video The other day and it said if you made it past hand you beat like most people so I doubled that and Man, let me tell you something you got to share experiences with that significant person in your Kids forget experiences all this other superficial crap Expensive cars and big Homes and stuff it's a great. That's all cool. If you can get it get it do what you got to do? But I ain't your marriage counselor, But I told this couple next to me. They've been married a year. They said you got any advice. I said I do share Experiences There's something spiritual that happens. It's like a bond. It's like a real bond something happens at these things And I some guy gave me a man card like literally a man card and I so here it is Jim you can Vouch for me. It's an actual man. I'm gonna turn it in right now all right folks and give me my man card Because I was so euphoric At this concert because I love Morgan Wallen his music so much and this guy Nate Smith was so Good like started out the night so good, and I was just feeling so good with Paula hanging there, And I get depressed a lot. I don't mean to like be like a downer on this segment or all but I do I get like it In runs my family like real depression stuff, and I gotta tell you man. I didn't think I could feel that good. I didn't think I could That feel good it's probably the best night of my life, which is crazy cuz UFC last week. I didn't think you could top that But I had this feeling of euphoria, and it wasn't do I really did I only had like a couple shots to kill I'm being Exaggerated nowhere need those of course and you don't want to be ex sloppy in public but But I really did I had the sense of euphoria and sand in my boots came on and I was dancing with Paula you know I dance and I like John Travolta like you know the Italian dancing like swaying my hips with Paula and I started like getting all like teary -eyed because I really I never thought I could be Happy at one night. It was crazy. I had such a
Thinking Crypto News & Interviews
Fresh update on "nate" discussed on Thinking Crypto News & Interviews
"Billionaire investor Charlie Munger passes away, and Bitcoin is looking very bullish as the DXY crashes and stocks are moving upwards. Also, the SEC has kicked off its comment period for the Franklin Templeton Bitcoin ETF. This is ahead of schedule, signaling approval may be very soon. 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. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got some news from Bank of America that they have been fined $12 million for reporting fake mortgage data to the government for at least the last four years. This is per Bloomberg. You may say, why are you sharing this with us, Tony? Well, I tweeted out about it. I tagged Janet Yellen and Elizabeth Warren and I said, where's the press conference? When is it going to be scheduled? I want to see it. The point is bad actors exist in every market and we are seeing a big target on crypto, even though crypto doesn't even have half of the scams and all the wrong things that are being done in TradFi, right? Big banks that have existed for a long time, they get fined every year for illegal activities for breaking the law. But there's no press conference. There's no major headlines. It's just almost in passing now. The average Joe and Jane don't pay attention, but they do sensationalize crypto. If there's anything happening, oh, no. Crypto did this and it's the bad guy, right? It's just sensationalism. So I share this for those who are new to the market and you may see more sensationalized headlines coming up, but the point is it doesn't have anything to do with the fundamentals of the technology. It's just that bad actors exist in every market. Now, folks, we got news that Charlie Munger, the billionaire investor, passed away. He's of course, the partner of Warren Buffett and they did great investing at Berkshire Hathaway. So I have a lot of respect for both Charlie and Warren. You know, they both have not done too well with tech, right? They were late to adopt tech, even getting Apple stock. They were late to the game. And of course, they hated Bitcoin and crypto. So I don't agree with them on the Bitcoin crypto front, obviously. But I have a lot of respect for these guys, as you know, I'm investing in crypto, I'm investing in stocks and other things. So they've made a lot of money and they've been very successful. And Charlie Munger, aside from crypto, has shared some very wise thoughts and strategies and ideas over the years. So I certainly, you know, listen to what they have to say. And even though I disagree with them on calling Bitcoin rat poison squared, Charlie Munger most recently had called Bitcoin a venereal disease. So but, you know, we talked about it on the podcast, and that is they have such a knee jerk reaction, it's such an angry reaction to it because, one, they don't get tech in general, right? As I mentioned, they were late to Apple and other tech stocks. And two, it's a complete disruption of the system. They know, you know, they are very much into stocks and the fact that currency gets printed and increase and the value of stocks goes up. So they are from that world. And, you know, pretty much at their age, they were set in their ways. But like I said, guys, all that aside, I have a ton of respect for Charlie Munger and Warren Buffett. And you've got to respect the amount of money they've made. And, you know, they've been investing for a long time. So much respect. Rest in peace, Charlie Munger. Now, folks, the DXY is crashing. And here analyst Tom Crown shared the chart side by side. Bitcoin today went over thirty eight thousand. It's currently just below thirty eight. Gold was also breaking out. But the DXY, which I've talked about for a while, that, you know, when it's crashing, assets are rising and when it's pumping, assets are decreasing, of course. So this is a very good sign is what I'm trying to say to TLDR here. And it aligns for Bitcoin to go to 40K plus, not a guarantee, but certainly a strong probability of that happening. And we know that the Bitcoin ETFs are around the corner and even Standard Chartered put out their prediction. So it seems like every bank nowadays is putting out their prediction. They said that Bitcoin will reach one hundred thousand dollars by the end of twenty twenty four. That's certainly impossible. I think we can all agree that there's a high probability of Bitcoin breaking one hundred thousand dollars in this upcoming bull market cycle. The question is, how high will it get? Will it get to one hundred and fifty? You know, I'm personally thinking and this is just my opinion, I'm thinking Bitcoin is going to get between one hundred and thirty five to about one hundred and forty five thousand. So in that range, if it goes higher, I'm all for it. I'll be taking profits. Of course, guys, I'm here to make money. Now, a great place to buy your Bitcoin and altcoins, folks, is Uphold. And Uphold is the official sponsor of this podcast. I've used this platform since twenty eighteen. I can vouch for it. I've interviewed the CEO, the CFO folks. They have two hundred and sixty plus crypto currencies. They're available in one hundred and fifty countries. They also have thirty seven fiat currencies that you can trade and you can trade precious metals on this platform. And folks, they are fully reserved. They have audits. So your your funds are safe. They are fully reserved one to one. You can check out their audits and much more. So it's a safe platform that I trust. So if you'd like to learn more about Uphold, please visit the link in the description. Well, folks, interesting day with the SEC and the Franklin Templeton Bitcoin Spot ETF application, the SEC kicked off the comment period for this ETF ahead of schedule. So what does that mean? Well, they had a lot of folks like those from Bloomberg and those who follow the ETF space saying, hey, this is a good sign. It means that the SEC is trying to get their ducks in a row here with all these applicants, make sure everything's in order for a possible approval in December or early January. So great, great news. Here's what James Seyfert of Bloomberg had to say. He said, update. Wow. SEC went super early on Franklin. They weren't due for another decision until January 1st. Notably, Franklin is the only issuer who didn't submit an updated as one yet. Wonder if that has any impact here. He says going super early on Franklin today and potentially hashtags coming to would set things up for a full wave of approvals in early January might be the reasoning. I think I think so, folks. And here's Scott Johnson also weighed in. He said they might have chosen to do this early so they could have the comment period end before January 10th in order to prove everyone at the same time. Nate Geraci, who is the president of ETF Store, he said, looks like still tracking towards January 20, 24 spot Bitcoin ETF approval. So, look, the SEC might surprise us and approve in December, but it could be that they're going to get everything in order before the holidays. Right. Because these government agencies go on break and rather than start off the New Year scrambling, trying to get everybody in line, they already have everything lined up and they approve in early January. I think that's possible. We'll have to wait and see. Nevertheless, very bullish. Once again, not a rejection or nothing's happening. The gears are in motion here, folks. And we're seeing movement towards fine tuning these applications so that they can be approved. Now, speaking of Bitcoin, Bitcoin minor repurposes former sustainability focused EU data center prototype. The facility was originally built with the Research Institute of Sweden to address the need for more energy efficient data centers. So crypto miner Hive Digital Technologies is repurposing a Sweden data center formerly used by the European Union as a prototype to test energy efficiency and sustainability. The facility is set to house Hive's ASIC service to increase the company's mining capacity by roughly 300 petahash. Hive executive chairman Frank Holmes told Blockworks it was previously constructed as part of the EU Horizon 2020, a research and innovation funding program that ran from 2014 to 2020 with a budget of roughly 80 billion euros, which is about eighty eight billion dollars. Horizon Europe has since succeeded that program. The goal of what was known as the Bowdoin type data center was to build the prototype of the most energy and cost effective data center in the world, according to the project brief. So it's interesting that a Bitcoin miner is taking this over. It's kind of ironic in a way, you know, the focus on energy and so forth. But this shows that Bitcoin miners and a lot of institutional investors are bullish on Bitcoin and crypto and they're doubling down on mining. They're expanding globally. The Bitcoin hash rate is at an all time high. So everybody's trying to get as much Bitcoin as possible ahead of the halving. And look, post halving, there's going to be a lot of demand for Bitcoin with these ETFs. So the spot ETFs actually have to settle in the physical Bitcoin and they're going to have to have the physical Bitcoin. Right, folks? It's not paper settled like futures. So really, really great to see this happening. All bullish for the crypto industry. Now, Jack Dorsey funds six point two billion excuse me, million dollars initiative ocean to decentralize Bitcoin mining globally with a transparent non-custodial mining pool. So this is interesting that Jack is continuing to double down on Bitcoin. We know he's been working on things with the Lightning Network. He hasn't been very vocal lately, but, you know, I won't bet against Jack. Jack has done some great things and he has the funding. He's smart. He has the resources. One of the things mentioned here is that Ocean is solving a problem for Bitcoiners that I think all of us feel further centralization of mining pools could plague Bitcoin. So that's that's definitely an issue to be aware of, that mining pools coming together and a potential for a 51 percent attack and all these things. So it's good that you're working to decentralize Bitcoin mining. Now, look, folks, I hold Bitcoin. I am bullish on it, but I also hold all coins. I'm diversified. Bitcoin I treat as digital gold. I hold XRP, Cardano, Matic, Chainlink, Cardano and all the Algorand and so forth. So I'm diversified. I'm here to make money. So whatever makes me money, I will be partaking in it. Now, don't get me wrong. I've often said that I am not touching meme coins because it's too risky. So I would say quality projects that make me money, you know, I'm all in on. Well, folks, that's the news. Let me know what you think. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Please follow me on TikTok, Instagram, LinkedIn, Facebook links in the description. Also, please sign up for my free email newsletter. Thank you for your support. Thank you for watching and listening. And I'll talk to you all later.
Thinking Crypto News & Interviews
A highlight from XRP PUMPS AND DUMP ON BLACKROCK XRP TRUST FAKE NEWS!!
"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. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, XRP pumped and dumped this afternoon on news of BlackRock filing for an XRP spot trust. And this filing was actually on the government website in Delaware. So that's where people were going a bit crazy, like, wait, it's legit, right? It's not just a rumor. It's not somebody just tweeted, but rather the filing was actually on the site, but it was a fake filing. scammers, So these these people are getting more sophisticated and more bold. You know, the fact that you're taking BlackRock's name and going and filing a fake application. I mean, come on. Right. We don't know who did it, but, you know, maybe they're playing the market where they're doing some quick longs and then shorting it. Right. Because right away, the market dumped after the news came out that it was a fake filing. So TLDR the here, though, is that you can see the market is clamoring for a spot ETF, whether it be Bitcoin, Ethereum or XRP. This is where scumbag regulator Gary Gensler and the SEC need to act. Approve the goddamn ETF already, right? You got commissioners like Hester Peirce and Mark Ueda who are coming out saying the ETF's spot ETF should have been approved years ago. So right now we're just being delayed by the scumbag regulator, Gary Gensler. So here, Eric Balcones of Bloomberg said this is false, confirmed by BlackRock by me. So he contacted the folks at BlackRock. He said some wacko must have added using BlackRock executive name, et cetera. Come on, man. So, you know, it's it's so silly. And like I said, they're getting bolder. The fact that they're filing and putting this stuff on the website now because of the XRP fake filing that brought into question the Ethereum trust filing, which took place recently, I think a couple of weeks ago or one or two weeks ago. A lot of people are now asking if the Ethereum trust filing was real after seeing the XRP trust was fake. He said, yes, the iShares Ethereum trust is real and was confirmed via 19B -4 filing on Thursday. Only the XRP trust filing was fake. So I think the TLDR here, though, is once again, the market is clamoring for an ETF. Everybody's winning in anticipation. And these ETFs will have a price moving ability. You know, you're going to see the markets pump off of this and we're going to see Bitcoin spot ETF approved eventually all coin ETFs, right? Individual as well as baskets. So Ethereum, XRP, Cardano and the others. Right. It's just a matter of time. It's all going to happen, folks. I think we see the writing on the wall, the direction we're heading in. So I'm very bullish overall. It doesn't matter that this was a fake filing, because I know eventually these products will be built, especially the fact that XRP has the legal clarity in the United States. I mean, you know, obviously the SEC took a big loss, so very bullish overall, despite the fake news. Here's what attorney Fred Rispoli had to say regarding the fake filing. He said, one, it is indeed on the Delaware Corp permission website. I searched this all the time to look up the right entity to sue in my legal cases. He said, number two, could someone file a fake entity? I'm only familiar in filing these in California and Arizona. And yes, I could easily file a fake entity on a real corporation commission website in those states. Maybe it's hard to do in Delaware. So I didn't realize you can fake applications through a government website like so. It's interesting, but at least we know now, right? You live and you learn. And we got to be careful because these scammers are trying to, you know, manipulate the markets. If you recall, there was fake news around the Bitcoin spot ETF for BlackRock being approved. And that, you know, Larry Fink had to go on TV and say, no, that was fake, you know, but you can see the market is really ready for this. So speaking of Bitcoin spot ETF, though, Michael Sonnenshine, who's the CEO of Grayscale, tweeted out this morning, it's been a 10 year dress rehearsal. We're ready for the main event. Is he hinting to something happening soon? Because we got news here from Nate Guaracci, who is the president at ETF store. And you know, he lives, breathes and eats ETF. So these guys know everything about it. He said a spot Bitcoin ETF approval could come this week. And he shared an article here with him and James Safer. So it's possible something may happen this week, you know, no guarantees, of course. But for example, James Safer has been saying he's anticipating January 2024 that that's when this is going to happen. And by the way, I'm interviewing James tomorrow. So we're going to talk about all this news.
The Café Bitcoin Podcast
A highlight from U.S. Economy from "stable" to "negative" with Neely Tamminga + Preparing for the Upcoming Bull-Run with Joe Carlasare and American Hodl - November 13th, 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 conversation from 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. All right, good morning to all of you Cafe Bitcoiners. It is Monday, November 13th, and you guys can probably hear my slack snapping off here. Let me mute that shit. Sorry about that. Monday, November 13th, 2023, and it is another awesome day. Looking forward to the week in Bitcoin. Once again, why are all these Bitcoiners so goddamn excited all the time? It's disgusting. What's wrong with you people? You know, I remember when you first started doing Spaces, Alex, and this is before I had extensive experience with Slack, and I could hear it going off all the time in the background. Every time we were having those Spaces discussions in the morning, I was just like, what in the hell are you picking up? My fault. My bad. Morning macro. Oh, sorry. How's it going, guys? I hope everybody had a good Veterans Day weekend, too, by the way. It was fantastic. I worked my ass off. That's all right, though. Good stuff. Good stuff. Good morning, Terrence. Bright and early. On a Monday at like 7 o 'clock in the morning. What's wrong with you people? Macro. Good morning, Peter. Good morning, Jacob. Shout -outs to Dr. Jeff, Joe Carlosari, in the audience. Obviously, we're throwing you guys invites, but you're welcome to just chill. Whatever. It's all good. So apparently, Bitcoin has taken a slight pause from its vertical acceleration and Bitcoiners are attacking each other once again. That didn't take long. Anyway, welcome to Cafe Bitcoin, episode 475. Shout -outs to our supporters on Fountain and Nosternes. By the way, when I say signal, I'm not trying to say it's just my signal. We're looking for the signal. Some people are like, eh, never let us on stage at Cafe Bitcoin. It's an opinion, all right? It's an opinion. It's an opinion. If I don't think your signal is that great, then maybe we might not let you on. I'm not sorry for that. Like we're here to provide signal. And yeah, it's a judgment call and yeah, you might think your signal is more important and that's fine. I'm not mad at that. I'm not even judging you. In fact, here's, Jacob and I were just talking about this earlier. I don't even disagree with you on many things. Some people are like, well, this issue is really important. You guys don't talk about it. It's like, it is really important. Totally agree with you, actually. What I don't agree with is complaining about stuff that you have no solution for, or if you're not building a solution for something. Like if you're building something and it's a solution, we will invite you on this stage and you can talk about it. But if all you're doing is whinging and complaining, like why are we going to waste everybody's time with that nonsense? Am I wrong? Am I out of line here? Serious question. No, you're not out of line and whinging is a good word. I think more people need to use it. Yeah, mewling. I love that word too, mewling, whinging, meh, meh, um, okay. Good morning, Mickey Koss. For today's show, we're going to talk about, apparently BlackRock is launching an Ethereum ETF, or they're applying to anyway. We're going to do a spot Bitcoin ETF approval update this week, maybe. And Joe Carlosari is welcome to come up here and give us his views on that. Otherwise we'll just read his tweets out loud. I got no shame with that. What else? Oh, ICBC, which is one of the largest banks in China, was apparently cyber ransomed last week. That's a thing. So maybe we'll talk about that a little bit. Here's an interesting little factoid. Every $6 ,313 move above $29 ,586 is a billion dollars for micro strategy. Wow. Well, indeed. But the naysayers are going to say every $3 ,360 move down is minus a billion dollars for micro strategy. I was just about to say, I could see the articles now as it drops from $100K to $95K, they'll be just, you know, slamming micro strategy. Meanwhile he's sitting there like up thousands of percent. It's completely absurd, but it'll continue. Just buy Berkshire Hathaway. It's better than Bitcoin. Anybody can buy it. Are you slamming Dear Point? No, I would never do that. Nate, you're so crystal clear this morning. You must be stationary and not driving anywhere. I'm using the updated desktop. They've improved it dramatically. And you aren't driving anywhere. That too. You can't raise your hand, but it is working pretty well. Okay. Question. Are you on Windows or Mac? I'm on Windows 10 or 11 and I forget what number it is. You can't raise your hand on Mac either. You can't raise your hand and can you do emojis? I can do a lot of emojis. A lot of emojis, wow. Like a thousand at a time, apparently. So are you retired now, Nate? For the most part, yeah. I love your story, man. For those of you who don't know, Nate's been hanging around, you know, he's been coming around Cafe Bitcoin for a couple of years now and back in the day, since it started and back in the day, back in them, Nate used to roll around as a, as a truck driver, if I understand correctly, saving his money, stacking sets, man, no, I, I, the reason I people double to check whatever wallet you plan on using and do never, ever, ever, ever enter your keys into a digital device that is connected to the internet. We've seen a string of new apps on these app stores like Apple and Google that pretend to be existing wallets that are only available on the desktop. They are not legit. There's a, there is a new string of them. This was brought to everybody's attention by Oscar P at O S C Pacey and there's a new Electrum wallet on the app store Electrum doesn't have a mobile app and there's all kinds of other apps Lumi, samurai wallet, Jack's Liberty, Jack's Liberty wallet management Phantom wallet of a protocol assets trade sparrow was spoofed the other day, these apps, there's no mobile app that you should be using with your seed phrases from any existing wallet that you're using that holds any significant amount of Bitcoin. If you happen to use a hot wallet, use a fresh, use a hot app, wallet, whatever. If you happen to use one of these devices, make sure you're using a brand new wallet that it has generated. And you're only going to use minimal amount of Bitcoin. If should you do it like if you're going to take cash and you're going out for the day, that amount of Bitcoin, not, not thousands and thousands of dollars or even your, your stack that these people are unscrupulous, they have the morals and they do not care. They want your Bitcoin. Please be careful. And even with sparrow, there are methods that you can verify that the app is legit. And I, I, I can put a link in the nest. I don't want to populate it yet, which it's cool with Alex. And super easy to do because I'm a boomer and I did it yesterday. Like super easy. It's a one, two, three, I think four steps. It involves your terminal and just copy and paste. Yeah. Yeah. There's, there's a, there's a path or an FAQ on how to do it on sparrow. Once, once you go to download it, it's how to verify right below it. So please take the time to learn. Um, yeah. And don't lose your Bitcoin.
Evangelism on SermonAudio
A highlight from I Will Seek the Salvation of the Unconverted
"Good morning. I counted a privilege to be here today in front of you and pray this would be an encouragement and very practical for us all. If you wanna turn, open in your Bibles to Ephesians 6, familiar passage, Ephesians 6. For most of us, our greatest focus in all the world is ourselves. If we're honest, particularly in the Western world, we spend most of our time and most of our money on earth striving to be healthy and wealthy and increasing our collection of things that help us to become more comfortable here on earth. Our sin nature drives us not to serve others but to serve ourselves first. If I was to ask you this, what does your calendar show and what does your bank statement show is most important to you? God has put us on this earth for a specific purpose. It's to live for Him and to point others to Him. As Pastor Nate said, we're gonna be preaching through our church covenant if you've got one of these. We're on number four and five here. We encourage you to grab one off the table if you get a chance even after the service. Our covenant sets before us the biblical commitments I will bring up in the nurture and admonition of the Lord such as may be under my care and I will seek the salvation of the unconverted. God wants us to bring up our children in the gospel and also share the gospel with the lost. So in Ephesians six where you are, starting in verse one, familiar passage. Children, obey your parents in the Lord for this is right. Honor your father and mother. This is the first commandment with a promise that it may go well with you and that you may live long in the land. Fathers, do not provoke your children to anger but bring them up in the discipline and instruction of the Lord. So we'll continue with the same template that Pastor Nate's been using. First, we wanna make sure that we realize that our church covenant, and if you're not familiar with this is, this is a covenant that members of Omaha Baptist covenant together to uphold as long as you're a member here but it's not just a man -made document that we picked out of the sky. We wanna show that it's biblical and it's root. So the biblical commitment that God wants to keep the gospel first at your home. In the passage here in Ephesians six, we see that raising children is broken down to a couple categories, discipline and instruction. If I was to ask you which one of you desires to be disciplined, who here has ever said, yay, I get to be disciplined today? I'm going to assume no one. My younger brother was the only one who was never disciplined in our home. Because he's sinless is what he would say, that's not the case. The desire not to be disciplined is nothing new though. We see this all the way back to the garden. It's rooted in our very sin nature. If this wasn't the case when Adam and Eve fell in sin and Adam was confronted, he wouldn't have immediately turned to blame his wife Eve and he certainly wouldn't have deflected to blame God for making Eve. So knowing that discipline is not generally enjoyable and it's not something we desire to have, is it negative and should be avoided at all costs? In Hebrews, in Hebrews 12, verse 11, we read a verse that would clear that up for us. For the moment, all discipline seems painful rather than pleasant. So we see the negative. But, as we continue, but later it yields a peaceful fruit of righteousness to those who have been trained by it. So what does proper discipline yield? It yields a peaceful fruit of righteousness. Take notice as well the link between discipline and training. Right living is something that's trained into a person through the process of discipline. It's not something that they just organically have when they come into this world. They have quite the opposite. So here we can see how by continually pointing our children to Christ, and when we bring them under the authority of God's word, we're training them in a life through the lens of the gospel. If you look at Ephesians 6 again, we see that it addresses both parties at the home, both the children and the parents. For the sake of time, we won't tackle the children's side of things, but it does start with children. And children, I would just say this, that by honoring your parents, whether you see them as honor worthy or not, you are honoring the Lord who put them in that position of authority. Though it speaks to both children and parents, fathers specifically are pointed out in verse four. It says, fathers do not provoke your children to anger. Fathers are held responsible for leading the charge in the home, just as Adam was specifically addressed in Genesis 3. Though Eve was the first one to sin, God said, Adam, where are you? Fathers are called to discipline their children, but not in a way that causes anger and resentment. The purpose of discipline, and when God disciplines us, it needs to be restorative in nature and never done in anger. It's been said, and this stuck with me when I heard this, I thought, is this not true? It's been said that in a home, if you have all rules with no relationship, you end up with rebellion. But if you have a home that has all relationship with no rules, you end up creating resentment. A father's discipline needs to be carried out in the context of a loving relationship where you have a relationship, but also the clear expectation of what God's word calls us to do. If you find yourself disciplining your child as a hypocrite, doing something that, asking them to do something that you wouldn't do or not modeling it before them, you will provoke your children to anger. But it's not just discipline, and there's also, it speaks to us in Ephesians about the instruction also in home, so gospel instruction we wanna bring in home. I realize that many of you here don't have children, or maybe your children are now out of the home. It's important to think of this call in our covenant not limited only to the child -parent relationship. The exhortation is much broader than that. I think the word it uses here is such may be under my care. It could refer to our relationship for Christ with virtually any relationship that we have. Other people looking to us, whether to raise them physically or even in the spiritual sense. If you wanna turn with me to 2 Timothy 1 .5, I think we see a really interesting illustration of this, how it's played out in scripture. So 2 Timothy 1 .5, this is Paul speaking to Timothy, I'm reminded of your sincere faith, a faith that dwelt first in your grandmother, Lois, and your mother Eunice, and I'm sure dwells in you as well. Timothy's father's not even in the picture, we're not sure, we're not told why, we don't know what happened to him, but his mother, pardon me, his grandmother, Lois, stepped into the gap and is played a part in Timothy being brought up in the nurture and the admonition of the Lord. The apostle Paul also played a huge part in training Timothy without a father in the picture. Both the books, 1 and 2 Timothy, are letters from Paul to this young pastor, training him in the way he should go, just as a parent would train a child. Paul shows his heart towards Timothy by referring to him as his true child in the faith. So whether you've got biological children or not, we're all called to provide gospel instruction to those that may be under our care. There is, however, special onus on parents bringing the gospel into their own home. You'll notice when we read Ephesians 6 that it's not, it's parent -child language used, it's not Sunday school teacher child used, or pastor child, or government child. It's parent -child. God's design is for a father and a mother to raise their own children and pointing them to the Lord as their primary responsibility, not a responsibility they pass off to somebody else. So if I was to ask these questions, are you modeling the gospel at home before your children? Actions speak louder than words. If I was to ask your children what they see in your home, what would they tell me? Do your children know the gospel? Ask them to explain the gospel to you and then check. Is it on point or is there things they're confused about? This is a great question to expose whether we understand what that gospel actually is. It's quite possible that you can be here thinking you know it and don't, or believing some kind of version of a false gospel. That's skewed. When somebody's sinned against in the home, does the gospel that saved you shape how you respond to that? Do our kids, when they sin against each other, does the gospel speak into that relationship? Does it speak into how we correct that behavior? Does the gospel come up regularly in your conversation at home? If the gospel is the lens that we wanna give our children to see the world, then it should be commonplace in our conversations. Let's meditate on those questions as we move on. God doesn't just want us to keep the gospel first at home. He wants us to keep the gospel first in all of our relationships. You can flip over to Matthew 28, very familiar passage, the Great Commission, Matthew 28, verse 16 is where we'll start. Now the 11 disciples went to Galilee to the mountain to which Jesus had directed them. And when he saw him, they worshiped him, but some doubted. And Jesus said to them, all authority in heaven and on earth has been given to me. Go therefore and make disciples of all nations, baptizing them in the name of the Father and the Son and the Holy Spirit, teaching them to observe all that I have commanded you. And behold, I'm with you always to the end of the age. So here God clearly calls us to go make disciples. If you're a follower of Christ here today, I'm assuming that you agree that making disciples is a clear teaching of scripture and you agree that we should be doing it. The million dollar question is, are we doing it? We'll get to some of the reasons why we don't do it and the reasons that threaten us in a minute, but let's look at first what a disciple is. The Greek term for disciple in the New Testament is mathiteus, I'm no Greek scholar, but we're going with that, which basically means student or learner, but a disciple is also a follower, someone who adheres completely to the teaching of another, making them his rule of life and conduct. So if you're a disciple of Christ or if you're to make disciples of Christ, a Christ follower is someone who adheres completely to the teachings of Christ, making Christ his rule of life and conduct. So how do we make disciples? Well, in verse 19, we read that we're commanded to go. We're not told that potential disciples will come and find us and seek us out. No, the disciples were charged with the command to go. Don't just sit around and wait for this to happen. And if you're familiar with the start of the church in the book of Acts, this wasn't something that they were super keen on doing until they were more or less forced to do that through persecution. I was thinking of an illustration of this, and I was meeting with a young man once who was of the age that he'd finished school and was in the workforce now, and he explained to me that he was desiring to find a godly woman, which was a noble desire, so I said, well, how's that going? And it wasn't going well, so I said, well, what are you doing to make this happen? Nothing, just crickets. So I said, well, you realize the chances of a godly woman coming to your house, breaking in, coming into the basement, interrupting your video games, tapping you on the shoulder and introducing yourself, it's not real high. So maybe it would be smart if you went, go, and did something, took some initiative to find a godly woman, and it's the same with evangelism. There is times where the Lord and his providence will literally draw people in our lap, but generally speaking, it has to be something that we're willing to do, to go, a desire that's gotta come from within. Second, we don't need to go, we need to make sure that we're pointing people to Christ and not to ourselves. It seems obvious that this is the case, but it's something that we often miss the mark on. We might feel the pressure of closing the deal, so to speak, as if you're a salesman on a sales call and you gotta close the deal and make that sale. But if we're to make disciples of Christ, we just need to show them Christ. So how do we do that? If you wanna turn, Romans 10, we'll be going through this a little bit here, 10, 17, where's where we'll start, and then we'll step back a bit. Romans 10, 17 says, so faith comes from hearing and hearing through the word of Christ. So if somebody's to come to saving faith, they need to first hear the word. Not my words, not the words of Greg and whatever clever thing I can say, but God's word. So that's 10, 17, but if we were to back up a few verses, let's look at the context of what Paul's saying here. For there is no distinction between Jew and Greek, you notice the Great Commission language here, that going to all nations, both Jew and Greek, everybody. There's no distinction between Jew and Greek, for the same Lord is Lord of all, bestowing his riches on all who call on him. For everyone who calls on the name of the Lord will be saved. How will they call on him and who they have not believed, and how are they to believe in him and who they have never heard? And how are they to hear without someone preaching? And how are they to preach unless they are sent? As it is written, how beautiful are the feet of those who preach the good news? But they have not all obeyed the gospel, for Isaiah said, Lord, who has believed what he has heard from us? So faith comes from hearing and hearing through the word of Christ. So we need to point them to the only thing that can pierce their heart, the heart of any sinner, it's God's word, and the only thing that pierces that is the sword of the spirit, and this verse has already come up in previous messages, but Hebrews 4 .12, for the word of God is living and active, sharper than any tumbled sword, piercing through the division of soul and spirit and joints and marrow, and discerning the thoughts and intentions of the heart. Give the people the word of God and let God's word do the work. But God doesn't just say, go make disciples, he says to teach the disciples. So if the Lord in his mercy does open the eyes of somebody that we're evangelizing, even if that's our own children or somebody outside of the home, in so many ways the work is just getting started. This idea of teaching is an ongoing interaction, right? In verse 20 it reads, teaching them to observe all that I have commanded you. This is only possible through ongoing fellowship, doing life together. Remember I said, if it's not like the salesman who's closing the deal and then onto the next deal, if that's not what it is, think of it more like a journeyman -apprenticeship relationship, a relationship where you're bringing somebody along, somebody new in the faith, to come and do life together. You're modeling before them what it is to live for Christ and the way that they should go. If you're doing this properly, you should be able to do as Paul did, or that's what Paul was doing with Timothy, and should be able to say, be imitators of me as I imitate Christ. So it's a biblical commitment, but if we move on, it's also a very threatened commitment. So we see this commitment threatened in our own home as far as raising our children in the Lord. We can all be very guilty of just assuming that our children will just organically come to Christ sort of by living with us, maybe coming to church, maybe you generally just hang around most of the time with Christian people, and you might figure that that's good enough. If you want to turn with me to the Old Testament, passage you're probably less familiar with, judges, judges two, we'll see a sobering account here of why this isn't the case. So the Jewish people have, God's people have just come into the land, and the land that he miraculously gave them, the promised land, and a generation, the first generation is coming to an end. We pick up in verse seven. And the people served the Lord all the days of Joshua, and all the days of the elders who outlived Joshua, who had sent all the great work the Lord had done for Israel. And Joshua, the son of Nun, the servant of the Lord, died at age 110. Now if we jump down to verse 10, we read these sobering words. And there arose another generation after them who did not know the Lord, or the work that he had done for Israel. And the people of Israel did what was evil in the sight of the Lord and served the Baals. So we see in one generation, the people of God, God's chosen people, went from following the Lord, and seeing him work in unbelievably miraculous ways, and bringing them into the promised land, to not even knowing the Lord, or even recognizing the work that he had done. I know when I read that, I was thinking, how is that even possible? There's probably lots of reasons why this is possible, and this speaks to our own home. There's probably lots of reasons why our kids can be in the same place that God's people were there. Let's just look at a couple of them. First off, I thought, in my own life, what are the things, it's just, first thing I thought of, it's just easier not to. Parenting is hard work. Life is busy, and parenting is hard. Being intentional in your parenting, and takes discipline of yourself. None of us like to discipline ourselves. It's sometimes easier to discipline somebody else. If you're like me, and you've worked all day, and you come home, the last thing you probably feel like doing is having intentional gospel conversations with your wife and kids. That's probably at war with your own sloth. It's just easier maybe to turn your brain off, and turn the TV on. I think we can feel like, maybe like the Israelites did when they got into the land finally, that the worst is behind us. God's been good, let's get comfortable, and mail it in. But when we do that, we fail to notice that if we're not intentionally teaching our kids, don't be deceived, somebody else is. Somebody else is gonna fill that gap. Joshua obviously felt, that generation obviously assumed that their children would just learn through osmosis, being around them, that they would learn what it was to follow God. And they did learn through osmosis, the scripture tells us that, but they didn't learn from mom and dad, they learned from the pagans around them. They learned to worship Baal instead of the living God. I think another threat we have to this, and again I'm speaking to myself in this, is we're just too distracted. We live in a world that's never had more distractions. This smartphone alone has the ability to take our complete attention at any time. Funny cat videos, need I say anymore? My wife and I often talk about just how different it is as we're looking to raise kids now when we grew up. And I know there's people here with grayer hair than me. But we had no TV or TV with three channels that were all fuzzy. No stores were open on Sunday. The stores that were open closed at five o 'clock. And I could go on and now my smartphone alone allows me to watch more videos than I could watch in an entire lifetime even if I wanted to. I can buy whatever I want from all over the globe and have it delivered to my door in a day or less. The battle for our focus on being intentional in anything in the Lord, especially parenting, is real and it's not going away. And the next generation is gonna face it in a way even more difficult than ours. So I think it's also important though too that some of the distractions that we have as far as being intentional in parenting, and keep in mind when I'm talking parenting, again, this could be discipling somebody that's not your own child. That some of the stuff that's at war with us can be good things. We can be distracted doing all kinds of good things for or people even pouring into other people at the very neglect of our own children and our wives. I think the log spec principle in Matthew 7 where we're to make sure to get the giant two by four out of our eyes before we remove the speck out of our brother's eyes to make sure that we're pouring into our family at home. If you're a father in particular, that's your primary goal to be pouring in at home and not busy fixing everybody else's problem and neglecting your own children. I think you see this, unfortunately, in a lot of pastors' kids who resent the church, I think because dad was never around, busy helping everybody. So it's something that's real, not just for pastors. Another thing that causes real war in this area is parents not being on the same page. And this is a particularly hard one and I'm gonna be sensitive here because I know there's lots of people here that have unsafe spouses. But you can have, we can even be both safe parents at home and we can be just biblically unaware or maybe unconvinced that the scripture has much direction in this area. If this is you and you're not certain what the scripture says about parenting, there's more than just Ephesians that are brought up here. We're actually currently in table time, so after the service, we're doing a parenting class and this is our third time through it. It's not our own class that I dreamt up, don't worry. It's a paltra parenting class, but it's speaking specifically about the heart of the situation. So the heart of the child, which is desperately lost, can only be saved through the gospel. And it's a 10 -week video series and it's been fantastic in growing my own understanding of what it is to be a parent. And my wife and I talk about how it would have been great to have watched this 17 years ago. But I would encourage you to do that. If you're a saved couple here, put the time in and grow in your understanding of this. The Bible's not silent in the errand of parenting, so treat it as such and pour some time into it. But it's possible too that there's friction at home because your spouse isn't a believer and I know that's a lot of people here. And maybe you deeply wanna raise your kids in the gospel, but your spouse is pushing against that. And there's obviously no quick fix, easy answer here. Your first priority is to pray for the salvation of your lost spouse. That's the heart of the issue right there now. And I know there's many of you that have been doing that for years. So continue to do that, but I think what can be more difficult even than praying for a lost person for years is particularly in a home is living in a way that points them to Christ on a daily basis. So to model that devotion to Christ in a kind way before them, 1 Peter 3, this is speaking of wives, but 1 Peter 3, 1, calls on believing wives to live in a godly fashion so that their lost husbands might be won without a word by the conduct of their wives.
The Breakdown
A highlight from Markets Surge as BlackRock Files ETH Spot ETF
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, November 10th, and today we are talking about BlackRock's Ethereum ETF filing. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, happy Friday. Before we dive in, I just have to give you a little bit of information about the show and the weekend. Unfortunately, this show is going to be a little bit shorter than normal and there will be no weekend episodes. Late last night, I started having to deal with an unexpected family situation that has wanted to round out the bullish end to this week and really capstone our shift away from the SAM -based world of last year and face forward into what's coming next. With that in mind, on Thursday morning, news broke that BlackRock had registered an entity called the iShares Ethereum Trust in Delaware. Although representatives for BlackRock refused to comment, the filing appeared legitimate. It named the Managing Director of BlackRock Advisors as the filing agent. There was initially some skepticism at first and people not sure if it was rumors, but suspicions were confirmed in the afternoon after markets closed when it was revealed that BlackRock had filed to launch a spot Ethereum ETF. Now this is not the first spot Ethereum ETF to be filed. A few months after the flurry of spot Bitcoin ETF filings in June, asset managers doubled down on crypto products with matching Ethereum filings. VanEck, ARK Invest slash 21 shares, Hashdex and Invesco slash Galaxy Digital all have applications awaiting approval. There's also a conversion application for Grayscale's Ethereum Trust filed with the SEC. The difference with BlackRock's application is, of course, that they are BlackRock. They are an order of magnitude at least larger than the other asset managers. And of course, what that means, at least according to the markets, is that these ETF applications are not merely speculative but actually stand a good chance of being approved. BlackRock's track record speaks for itself. The firm has filed over 570 ETF applications with the SEC and all but one of them have been approved. Now the rationale for the legality of a spot Ethereum ETF is the same across all of the current applications. Following the Grayscale court decision, it seems that the approval of spot Bitcoin ETFs is almost assured to happen. The court found that there was no material difference between spot Bitcoin markets and futures markets. As the SEC had already approved futures based Bitcoin ETFs, they had no reason to deny spot based products. Ethereum futures markets have grown massively over the past few years, achieving a similar size to Bitcoin futures in 2021 when those ETFs were approved. Partly due to this increase in market size, a large number of asset managers were able to launch futures based Ethereum ETFs last month. So then, using the same logic that was deployed in the Grayscale lawsuit, Ethereum spot markets are obviously tied to futures markets. This would dictate that spot based Ethereum ETFs should be approved to trade alongside their futures based counterparts. Nate Grassi, the president of the ETF store, put it more succinctly in a tweet. Grayscale Courtwin plus SEC approval of Ether futures ETFs should equal spot Ether ETF approval. Now BlackRock pointed to this argument specifically in their filing, stating that, quote, given that the SEC has approved ETFs that offer exposure to ETH futures, which themselves are priced based on the underlying spot ETH market, the sponsor believes that the SEC must also approve ETPs that offer exposure to spot ETH, end quote. Now, if the BlackRock application is approved, it will include a market surveillance agreement with Coinbase to monitor spot markets for manipulation. BlackRock also leaned on existing surveillance sharing agreements with the CME Ethereum futures market that are present in the other products. They wrote in their filing, Ether CME surveillance can detect spot market fraud that affects both futures ETFs and spot exchange traded products, or that surveillance cannot do so for either type of product. Having approved ETH futures ETFs in part on the basis of such surveillance, the SEC has can detect spot market fraud that would affect spot ETPs, and the sponsor thus believes that it must also approve spot ETH ETPs on that basis.
Evangelism on SermonAudio
A highlight from Evangelism and the Trinity
"Let's pray and ask God's blessing upon the preaching of his word. Father, we do come before the preaching of your word now. What a great blessing it is that we can have your word given to us in so many different ways. Lord, we hear it. We see it. And soon we will sense it, we will taste it, we will touch it. You surround us with so many great blessings, simple though they may be, simply water, bread and wine, and word, Lord, you use these simple elements to strengthen our faith, to point us towards our Savior Jesus Christ who is alive today in heaven. We pray you would do this through this sermon now, in Christ's name, amen. Well, Matthew chapter 28 verses 18 through 20, actually let's just begin in verse 16 and we'll go to the end. Now the eleven disciples went to Galilee, to the mountain to which Jesus had directed them. And when they saw him, they worshipped him, but some doubted. And Jesus came and said to them, All authority in heaven and on earth has been given to me. Go and therefore make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, teaching them to observe all that I have commanded you. And behold, I am with you always to the end of the age. This ends the reading of the word of the Lord. So this week as I was preparing for our evening service and I was reflecting on us that we got to have a baptism today, our evening service, in the next couple weeks we're going to go over the question of how many persons are there in the Godhead? And as Christians we believe there are three persons. We do not just simply a singular person God, I mean he is one being in substance, but he is three persons. He's Father, Son and Holy Spirit as we hear in this text today. And as I was reflecting on this I thought, man, this is a great occasion. For a sermon on Matthew 28. But as I was thinking about it something interesting came across my mind of what happens in this passage. That here at the very outset of the Christian life is the name and the truth of the Trinity. Father, Son and Holy Spirit. In fact one of the most, if not the most, mysterious doctrines of the Christian faith is where we begin the Christian life. And so I'd like us to take a few moments to see what this means for us. And also that it has interesting implications, important implications for evangelism. That's precisely what Jesus is calling his eleven disciples here to go do. To evangelize not the nations. And how should we think about this? Well I'd like to point us in three different ways in this passage to what we see here. First that we receive a new name. And then what is that name that we receive? Secondly. And then lastly the benefits and calling of this name. We receive a new name. What that new name is. And the benefits and calling of this new name. So what does it mean to be baptized into the name of the Father and of the Son and of the Holy Spirit? The first thing that you will notice here is that it's the word, the word for name is singular. Because it goes immediately after that and lists three people or three persons more properly. Father, Son and Holy Spirit. But it doesn't say baptize them into the names of the Father, Son and Holy Spirit. It says baptize them into the name. And this is where we begin to understand our doctrine of the Trinity. That there is one being, one God, one essence, one substance as our catechism says of who God is. There are not three different gods. There is one singular God. Come back this evening and worship in our evening service and you'll hear more about this. But there is one singular God. But we also have three names given to this God. And we see throughout scripture that there are three ways that God reveals himself. There are three persons that God has revealed himself. Three actors, if you will, in God. Three individual persons who do things. And in this we are receiving this three tripart name applied to ourselves. And so what does it mean to be baptized into this name, this one name of three different names, if you will? Well, as we just heard a moment ago, it means that we're identified as God's covenant people. We heard Acts chapter 2 verses 38 and 39 that this covenant is for God's people, for those who believe in him for their children and all who are far off. Now God is calling people not to come and join the nation of Israel and now he is saying no this word of our gospel is going out to the nations and call them to believe in faith in Jesus Christ. And as we saw in baptism, we're explicitly marked out as those who belong to God. In some ways, if you were here yesterday for the wedding ceremony of the Holmans, you got to see something interesting about a wedding ceremony is that a wife takes the name of her husband. It's like a wedding ceremony. But you're now in this, you're being incorporated into the family of God. You're being brought into his covenant as his child. And the Old Testament testifies to what it means to take the Lord's name. Isaiah chapter 44 says, this one will say, I am the Lord's. Another will call on the name of Jacob and another will write on his hand the Lord's and name himself by the name of Israel. That's what it means to have the name of God put upon you. It is identifying yourself with the Lord. It's the wife taking the name of her husband, identifying herself with her husband. She shares in all that belongs to him and she comes under his protection and care. This is a covenant ceremony. In the old covenant, you would make a covenant usually or most often with somebody who was more powerful than you, with a greater king. But God is the king making a covenant with us of protecting, of caring, of sharing all of his goodness, his benefits with us. And he is applying his name saying, you are now, you now belong to me. We belong in a covenant relationship with the Lord. And that's what's happening as God sends, as Jesus sends his disciples out into the world to apply this sign, to baptize them, to make them belong to the covenant that God has made. So we receive a name. That's the purpose of it. It's to show that we belong to the Lord. And some of that might already be understood by you, but it's important to establish this. But then what is this name that we receive? What is the name? Father, Son, and Holy Spirit? And like I said at the very beginning is that this is fascinating to me. And I hope it's fascinating to you that the very beginning of the Christian life is the most mysterious doctrine that we can conceive of. Three persons in one being, being applied to somebody at the very moment they are welcomed into the church. Jesus sets out the most profound mystery for his followers at the very beginning. And what's an implication of this is the importance of doctrine in the Christian life. If we begin with the doctrine of the Trinity, the most complex, the most mysterious doctrine, we must understand that we can't ignore doctrine as if it's not important for the Christian life. Too many Christians say, oh, we don't need to know doctrine. That's where people divide. That's where people fight. That's where people don't get along is when they talk about doctrine. And what Jesus is showing here is, no, doctrine begins at the very beginning of your Christian life. In fact, Father, Son, Holy Spirit is how you are identified. And it's essential as we grow as Christians to further and further understand this as best we can. So this is what is being called to as Christians. We are called to a doctrinal life as Christians who grow in our understanding. And as we see this, we grow in our understanding of how these names appear and what they do There's two particular places I'd like to point us to of how we can begin to understand this name, Father, Son, and Holy Spirit. That what's happening here is actually in some ways a mirror of creation. You say, how in the world do you get that, Pastor Nate? Well, I'll get there. But in the beginning, God, Genesis chapter 1, created the heavens and the earth. In verse 2, the Spirit hovers over the waters. So we here have God, what we would refer to as the Father, creating all things, and the Spirit active in that work of creation, Father and Spirit. And then in the New Testament, the Apostle John tells us that also the Son was present there. This is John chapter 1. In the beginning was the Word, and the Word was with God, and the Word was God. In the beginning was the Word. The Word was with God, and the Word was God. He was in the beginning with God. Then all things were made through him, through this Word. And without him was not anything that was made. And without him was not anything made that was made. So there at the very beginning, Father, Son, Holy Spirit active in creating and bringing into existence everything. So there we see the trifold God, or trifold persons of God, they're active at creation. But then another event that I will point to as showing forth a little bit more of this creative act of God is what's happening at Jesus' baptism. Mark chapter 1, verses 9 through 11 says, In those days Jesus came from Nazareth of Galilee, and was baptized by John in the Jordan. And when he came up out of the water, immediately he saw the heavens being torn open, and the Spirit descending on him like a dove. Just as the Spirit hovered over the waters at creation now, the Spirit is hovering over Jesus Christ like a bird. And a voice came from heaven, You are my beloved Son. With You I am well pleased. Here we have the Son identified, we have the Spirit identified, and if there is a Son this must be the voice of the Father speaking, Father, Son, and Holy Spirit active in this moment of Jesus Christ being identified with the people of God. That ultimately he need to be identified with them truly in order for him to bear their sins. He must be one of them, he must represent all of them. And baptism is ultimately an act and a witness to both of those events. And it is those events coalescing into one. It is the act where God regenerates us. He brings us back to life from the dead. He is giving life where there is none. In creation God created everything out of nothing. There was no life, but he brought life into existence where there was none. And this is what he is doing in the baptism of Christ. Is that he is bringing life where there is none. Ultimately where he would bring it on the cross, pointing towards his work on the cross and resurrection. And then just so you know I'm not making this up, this is what our catechism says about our confession of faith says that baptism is to be unto him or her a sign and seal of the covenant of grace of his engrafting of Christ and his regeneration. Regeneration is simply to give new life where there is none. To regenerate something, to bring it back to life. And so we see Father, Son and Holy Spirit operative in both creation bringing life where there is none and doing this out all three of them at work again Father, Son and Holy Spirit as Jesus is baptised. And it is a witness to what God does in giving life. And this is where it relates to evangelism. This is how we get to evangelism. Now first off when we talk about evangelism our immediate feeling is we need to grow. It's like prayer. When somebody says do you pray and you obviously think well not as much as I ought to right. And they say well do you evangelise? Well not as much as I ought to. Evangelism is one of those things that we all want to grow in but it seems a bit of a struggle often. One pastor I read this week he talked about confession of sin and reading of Psalm 51 David's Psalm that he wrote after his great sin with Bathsheba and then killing her husband. And he said this one of the chief reasons we do not pray is because we don't know how to pray. He says we do not instinctually know how to pray. We do not instinctually instinctively know how to evangelise. We need to learn. And I believe that this tripart name of God given here, trifold name is a model for us. It is actually a framework for us to learn how to evangelise. There's two ways to do this or two things that I think are really helpful for us as we think about evangelism. There's what I say and many other reformed for throughout the generations have said is the law and the gospel and now also a Trinitarian framework. So you say okay what's my plan for evangelism? Here you go. The law and the gospel and the trinity. The Heidelberg Catechism puts it this way about law and gospel says how many things are necessary for you to know that this comfort that in this comfort the comfort of being united to Jesus Christ, that in this comfort you may live and die happily. What do you need to know? Three things. The first, how great my sin and misery is, second, how I am redeemed from all my sins and misery and third, how I am to be thankful to God for such redemption. And in this we hear the law and the gospel and then the calling that flows from this gospel. The law tell people that they're sinners, not fun business. Tell people that they are miserable without God. Without God in the world, without God in your life, you are lost in your sins and you have no hope. But then we tell them what God has done to save sinners, what God has done to rescue them and bring them into his kingdom. But as we tell this gospel there's a Trinitarian framework that we can set what God the Father has done. He sent his son to save sinners. For God so loved the world that he gave his only begotten son that whosoever believes in him shall not perish but have eternal life. We tell them what the son then does. God the Father sent his son to save us. What son the himself then does, being sent by the Father he came as a man like one of us to live perfectly for all of us who did not live perfectly, who failed in every way to keep God's commands. And not only did he live the perfect life that we needed, he paid the penalty for all the sins that we've committed. And then he gives us his eternal life, his righteous life for our sake, giving us his resurrection life. And then we tell them about what the Holy Spirit does. What God the Spirit does is then the Spirit comes into you as God applies all these benefits. He says, yes Jesus died on the cross but he died for you and he applies all these benefits to you. He comes and dwells in you. The third person of the Trinity dwelling inside of you. He takes the forgiveness that Christ accomplished and he applies it to you. So now you are one known as forgiven by God. He gives you faith so that you can know these benefits, believe in them and trust in them and rest in them. So that is this tripart name, the threefold name of God, Father, Son and Holy Spirit that refers to each person of him. And it is a calling for us as we evangelize that we are to go into all the world baptizing them in the name of the Father, the Son and the Holy Spirit. And now the benefit and the calling. The benefit of this going into all the world is that the end of this passage, verse 20, teaching them all I command you and behold I am with you always to the end of the age. This is the great benefit of this calling as Christians. Not only has God called us into his family, baptizing us with his name, making us apart, setting us apart from the rest of the world, he has incorporated us and he makes this amazing promise to us, I am with you always. He has united us to himself, Father, Son and Holy Spirit. Father, Son, Holy Spirit united to us in our whole lives. And because of that bond that is established between the Trinity, God cannot forsake us. We are surrounded in front of us, behind us, underneath us, above us, inside of us and outside of us, everywhere. We belong to Jesus Christ and to each person of the Trinity. He cannot forsake us because if God were to forsake us, he would be forsaking himself and it would undo the bond of God itself. You belong to him and Jesus Christ promises to you that I am with you always. But there is also a calling in this as we go into this world to evangelize. Now this phrase, I am with you always, shows up in an interesting place in scripture, in the book of Joshua. If you read the opening section of Joshua chapter 1, you'll hear this echoed in there. And it's interesting what's happening there versus what we see happening in Matthew chapter 28. Joshua, Moses' servant, who takes over as the leader of Israel right as they're about to enter the Promised Land. Moses dies and Joshua is appointed as the new leader in Israel to bring the people of Israel into the Promised Land, to go conquer it for the people of God. And Joshua is commissioning them to go in, to wipe out all the nations who are evil in there and that make this God's holy dwelling place. And then Joshua gives them this promise as they're about to go in. No man shall be able to stand, this is Joshua chapter 1 verse 5, no man shall be able to stand before you all the days of your life. This is God speaking. God says, just as I was with Moses, so I will be with you. I will not leave you or forsake you. And it's fascinating what is happening in that passage when we compare it with what's happening here. Joshua is sending all these people to go into the land of Israel to conquer it for the people of God, exhorting them to be courageous and not be afraid because God is with them. But what is Jesus doing here? He's not sending them into the land of Israel, this geographic place on the planet, to go conquer it, wiping out the nations that are there, the Romans. No, he does something quite different. He now turns it to the outside. Go into all the world, go into all the nations, go out. He does not send his people to conquer the land of Israel with the sword, now he puts that sword away because he has taken that sword in himself. And he gives his people a new weapon to go bring the nations in to God's kingdom. And he sends his disciples out from Jerusalem to all the nations as one who has already conquered all authority in heaven and earth has been given to me. Jesus has already conquered. And now he gives his church, his people of God, a new instrument. No longer the sword of judgment but the word of salvation. And we bring people into this kingdom not with a sword threatening them but with a word of gospel, a word of good news, a word of grace. That God is a God who saves sinners, that he has executed his judgment not against the world but against his son. Now that day is coming, the end of the age will come and all who do not repent of their sins will be judged. But this gospel is what is to go out. God's saying go into all the nations, make disciples of them, baptize them, teach them to observe all that I have commanded you. And the strength that we do that in now is like what was given to the people of Israel but it's far more. The strength we do that in now is that Jesus Christ is with us as we go into all the world and proclaim this gospel. That he is with us to the end of this age. Whether that is tomorrow or whether we die before that day comes. Jesus Christ is with us. So my hope for us today is to see that as we receive this name of Father, Son and Holy Spirit we belong to the Lord and he has united himself to us and now he sends us out into this world. Maybe we're not going to be evangelists, that is not very many people's calling in life but you certainly can't evangelize. You can tell people about Jesus. And the great promise that you have is regardless of how people respond to you, God is with you. He is with you always because he has shown you in your baptism. He has claimed you as his own and that is your hope as you go out into this life. So remember what Jesus Christ has done for you, uniting you to himself, giving you this beautiful sign of baptism that you can continually look back to as a sign of God's covenant with you, his promise to you and have hope as you go into this world and tell people about our Savior Jesus. Let's pray and ask God to bless us the word that we have heard preached. Lord, we do thank you for this word that we have from Matthew chapter 28. Lord, we pray that you would apply it to our hearts and make it fruitful in us that we would be those who would be bold and courageous, that we would not fear what this world throws at us but we would see ourselves as those marked out by you in our baptism and that we can give testimony and testify to the grace of God that you have shown to us in Jesus Christ. Give us the courage and strength we need. We pray this in the name of Christ. Amen.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
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.
Bloomberg Radio New York - Recording Feed
Monitor Show 05:00 10-30-2023 05:00
"Investment Advisors. Switch to Interactive Brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. This is Bloomberg Radio. From the Bloomberg Interactive Brokers Studios, this is Bloomberg Daybreak for a Monday, October 30th. We're in Tel Aviv with the latest. Benjamin Netanyahu apologizes after blaming security chiefs for Israel's biggest security lapse in decades. Investors look ahead to a key Fed decision and the October jobs report. And Sam Beckman -Fried returns to the stand today in his fraud trial. Demonstrations continue in New York over the Middle East. Prices plus fans mourning Matthew Barry flock to the famous Friends apartment building, West Village. I'm Michael Barr. More ahead. I'm John Stashauer in sports. A low -scoring Jet Giant game went to overtime. The Jets won in stunning fashion. That's all straight ahead on Bloomberg Daybreak. On Bloomberg 1130 New York, Bloomberg 99 .1 Washington, D .C. Bloomberg 106 .1 Boston, Bloomberg 960 San Francisco, Sirius XM119 and around the world on BloombergRadio .com and via the Bloomberg Business App. Good morning. I'm Amy Morris. And I'm Karen Moscow. U .S. stock index futures are higher this morning. S &P futures up six -tenths of a percent. Dow futures up four -tenths of a percent. Nasdaq futures up seven -tenths of a percent. And the 10 -year Treasury yield 4 .85 percent. Nate, Amy. That's okay, Karen. We'll have more on the markets in just a moment. First, let's bring you the latest developments on the war in the Middle East. Israel has widened its ground offensive in Gaza, pressing ahead with what it has called the second phase.
SI Media Podcast
A highlight from Joe Buck and Troy Aikman
"I'm Mo Rocca and I'm excited to announce season four of my podcast Mobituaries. I've got a whole new bunch of stories to share with you about the most fascinating people and things who are no longer with us. From famous figures who died on the very same day to the things I wish would die, like buffets. Listen to Mobituaries with Mo Rocca on the iHeartRadio app, Apple podcasts or wherever you get your podcasts. Welcome everyone to SI Media with Jimmy Trainor. Thank you so much for listening. We have an awesome episode this week. We have Joe Bock and Troy Aikman together followed by our weekly train of thought segment with his alakada, Joe and Troy entering year number, well not entering, they're in year number 22 together and they will top John Madden and Pat Sumrall for the longest broadcast crew in the NFL with 22 years together. So we discussed that and a variety of other topics. Talked to Joe about if he'll ever call baseball again. Got Troy's opinions on the tush push, what's going on with Bill Belichick, some broadcasting stuff, Tom Brady. So excellent, excellent stuff from Joe and Troy from ESPN. Monday Night Football. And then in train of thoughts, we read some mailbag questions. We're going to start doing that every week on the podcast. So check that out. Before we get to it, just a quick reminder, if you missed any recent episodes, go into the archives and check them out. We had Brian Curtis from The Ringer on last week, Andrew Marchand and the New York Post two weeks ago, Kevin Clark from ESPN three weeks ago. So if you missed any of those, check them out. Give them a listen, subscribe to SI Media with Jimmy Trainor and rate and review on Apple. All right, let's get to it. Joe Buck, Troy Aikman, followed by train of thoughts all right here, right now on SI Media with Jimmy Trainor. All right. Very excited. I've had them both separately many times on the podcast, but I have them together. The broadcast crew, the best broadcast crew in the NFL from ESPN, Monday Night Football. Joe Buck, Troy Aikman, Joe, Troy, how are you guys doing? Good. We're good. I have a question already. You said the best broadcast crew in the NFL from ESPN's Monday Night Football. Was that the best broadcast crew in the NFL? And they're also from ESPN's Monday Night Football? Or is it just of all the people that ESPN has doing the NFL, we're the best group? Well, since you brought that up, then I'll just tell everyone that two weeks ago, I believe it was during the giant Seahawk game, I that tweeted Troy is so far and away the best analyst in the sport right now that the gap between him and number two is really wide. And Dan Arlovski actually replied to me on Twitter and was like, hey, you know, like what about me? So I did mean across the entire NFL. Anybody want to respond to that? Troy's just laughing away over there. Yeah. No, thank you for the compliment. It means a lot. It does. It does mean a lot. You know, it's kind of a funny thing. You know, you don't get most of the feedback you get is negative and it's people on Twitter and it's people that are ripping you and saying you're a moron. And, you know, to have somebody who watches this stuff and pays attention saying that is nothing that I take lightly. I think it's great. Thank you very much. Well, I appreciate that. We're going to get into all this stuff and it's your 22nd year together. And I want to talk about that. But I do listen and watch very carefully. So I heard something this past Monday night that I'd like to sort of maybe facilitate here on the pod where Joe you because I am a degenerate gambler. So anytime there's a bet involved my ears perk up. Joe, you offered Troy a hundred bucks if Troy could name four players on the Texas Rangers. I thought this would be the perfect time to see if Troy can do that and then you can pay him when you see him on Monday. Let's see. Pudge Rodriguez, Nolan Ryan, Alex Rodriguez. So no hundred bucks for Troy. No hundred bucks. I was the easiest bet I've ever made in my life. There you go. I love that moment, though. And I think that moment because Steve Ackles, our producer, who's phenomenal, clip that somebody had that on Twitter and sent that to us the next day kind of like, okay, love this for you two guys. And it is I think it does kind of speak to our relationship and it speaks to our friendship and it speaks to the fact that he came back with, you know, there was a time in October I didn't have to work with you. I was so happy that like I was I love that, that he came back at me. So it's that stuff is really fun and I think hopefully separates us. It was definitely a fun moment. You want to offer Troy 50 bucks if he can name one Texas Ranger? Yeah. No, I'm not doing that to him. I like him too much. I'm not going to do that to him. I mean, they advance. You got to now you got to learn one player on the team. Nate Evaldi. There you go. Like I said, you guys now, 22 years together, Madden and Summerall did 21. I know, I know, Troy, you are a huge, huge Madden guy. Yeah. Talk to me about it. Yeah. I know Madden sort of took you under his wing a little bit, right? A little bit, but it didn't, the friendship didn't initially start that way. You know, first of all, I was really fortunate in my career that when we got good, which happened relatively quickly, all things considered, Madden and Summerall, they were, they narrated my, the highlight reels of my career. So, you know, I'm, I'm really happy about that, but, but because of that, because they covered so many of our games, I became very close friends with them on a personal level. Pat lived just outside of Dallas. I spent time, you know, at holiday parties with him. I did a TV show with him while I was playing for two seasons, a weekly show. And then Madden got to know him, spent 4th of July's with him up in Northern California. And played golf with him. And so then when I retired and decided to go into broadcasting, I, yeah, I picked his brain a lot. And that first year we were together at Fox. And then one year later I was actually in Santa Barbara and he called me. That's how I got the news that he was leaving Fox and going to Monday night football that he called me and gave me the news and had little idea what that might mean to me. But that's when Joe and I and Chris Collinsworth got paired and moved up. But yeah, John was, he was a special friend as Pat was as well. And the fact that we're even mentioned in the same sentence with them because of our longevity, it means a lot. It's something that I'm really proud of. The worst thing you or any analyst could do is go into a broadcasting career and try to copy or imitate John Madden or be John Madden. So given that, what did you try to take from him though, when you started to do games? Well, the questions I had was just that there's a lot going on in the booth. And when you get into the booth as a player, straight from the field, it takes some time to figure out exactly what you're supposed to be looking at. Where, you know, I asked him those kinds of questions, like what do you focus on pre -snap? What are you looking at at the snap? And what I found is that, you know, he views it differently. One, because he was a coach, but also because he was a linebacker. So, you know, he views it more along the line of scrimmage. That's what he got into a lot of. Matt Millen, the same way. And then when I came into it, I was a unique analyst compared to what Fox had had at that time. And so I talked more bigger picture. I talked more from a quarterback perspective. And there was a resistance initially to where they said, hey, we need more offensive line play. And I said, well, if you need more offensive line play, then you got the wrong guy, because that's not what I do. And so everybody comes at it a little bit differently. But what John's advice was to me was, you know, hey, where your strength is right now is you're fresh off the field. You know what's happening. You know the players. Whereas his strength was that he knew television, and he had been broadcasting for a long time. So that then is what he leaned on more. And I agree. I don't try to be anybody. I mean, I do listen to all analysts. I know what I think is good and why it might be good. And with that, then you try to say, OK, yeah, maybe I should attack this in this way. But at the end of the day, I'm who I am. My personality is what it is. And I don't try to be John. And quite honestly, I think early on, there were a lot of analysts trying to be John Madden. And I understand it to a point, if he's the best, then everybody's kind of wanting to be that. But think I analysts now have been given a little bit more runway to be who they are. And I think that those analysts who have been able to do that, I think they've been better served. Joe, obviously, Troy was the player, now the broadcaster. You've been a broadcaster your whole life. So I would assume the 22 years together with Troy passing Madden in some role, longest tenured NFL broadcast crew, has special meaning to you, being in this business, with your dad being in this business, et cetera. Yeah. And I have personal ties to both guys. My dad was a broadcast partner to both. My dad did radio football with Pat. They were both at CBS for a long time. My dad was one of Madden's first TV partners. And I know John really liked my dad and obviously vice versa. So I always had that connection to John and to Pat when I would show up at the Fox Seminar. And I was down the list of play -by -play guys. So I do appreciate that fact. I am proud of the body of work that he and I have put together. You have to throw the first three years in there with Chris, too. And I think we're better now than we've ever been, which I think is the best part of it all. I honestly believe that. I think Troy's better than he's ever been. I think I'm more dialed in than I've ever been. Maybe that's without baseball and not kind of running on fumes during this particular month on the calendar. But to think, at least in my opinion, we're still growing and still getting better. And that, to me, is more exciting than milestones. When I was the youngest this and the youngest that, I just had to go do it. I didn't really get caught up in all that stuff. And at the end of the day, nobody really cares other than my family. So, you know, I'm proud of everything I've done with the other guy on this podcast. And I'm really proud of everything I've done with you, Jimmy, over the years. I feel like we've done some good work, too. We have. But that doesn't mean I'm not going to grill you later on some things. No, that's fine. I hope so. We've got some things to discuss. Just on your 22 years before we switched gears, did either of you have, it could be different, a moment, a game, a season where you felt like, we're really good, we're in a groove, this is working, this is kind of special? Like, when did you first feel that? I think right out of the gate, I knew it was pretty interesting. I think it was very different, obviously, with another person in there, being Chris, and Chris and Troy being very different people. And very different broadcasters. By the way, I think that's really the only time it kind of works, when the two analysts in a three -man booth are different. And that was certainly the case with Chris and Troy. But I never felt like we weren't in a good rhythm. I never felt like we were a bad listen. I do feel like once you get through your first Super Bowl and you come back around and you're lined up for the next year, and now Chris had moved on, and it was Troy and me, it didn't take long, that fourth year total, for us to get into an even better rhythm, because it was almost like the weight was off. The weights, the handicap was off. And that has nothing to do with Chris. It could have been anybody. But I think three -man booths are very hard. And when it was just the two of us, it became very easy to get into a rhythm together. And he knew when I stopped talking, it was his turn. I knew when he stopped talking, at some point it was my turn, as opposed to having another person in there. So I think I would say year four is when it felt like, okay, this is really good, I enjoy this, and hopefully it lasts for a while. Troy, you got anything on that? Yeah, no, I would basically agree. I don't think there was this moment when, hey, this is really good, or hey, this works. I know that I had been in a three -man booth my first year with Moose, and then three years following that with Chris. I mean, I knew four games into my career with Moose that three -man booth was tough, and it wasn't something that I really wanted to continue to do. So I was excited when it became a two -man booth. And you just control the broadcast a little bit more, and you're not scatter -shooting after every play and chasing a lot of different things. So that part of it was good. And I would just add this, Jimmy, and Joe and I have talked about it, and we've talked about it on other podcasts and with other writers, that when you get to 22 years, there's a lot of things that have gone well for you. I mean, there's other pairings that could have lasted that long as well, but it was not because of anything they could control. And there was changes made, or this network lost football, or whatever it might be, you know, or this guy wanted to retire. Joe and I came in, you know, we're roughly the same age. I'm a little bit older. But when I left for ESPN, there was no certainty that Joe was going to be able to get out of his contract, so there was a lot going on there. And I think that had Joe not wanted to come to ESPN or if I had not wanted Joe to work with Joe any longer, we both had equal opportunities to kind of take a stand and say, hey, this has been great for, you know, 20 years, but, you know, it's time to kind of move on. We could have very easily have done that. And I think the fact that we're still working together, it's one thing to say, hey, you really respect the guy and you're really close friends, but I think that both of us going to ESPN and continuing to work, you know, you really put an exclamation mark at the end of that. And it meant a lot to me. I mean, I can't even begin to tell you how much it's meant to me that Joe wanted to come and continue to work with me. And I think it's fair to say that it meant as much to him that I wanted to continue to work with him. And so if anything else, going to ESPN has only made our relationship that much stronger. The parallel is interesting because here you are passing Madden and Summerall, and Madden and Summerall, and you guys are the rare teams that stayed together at different networks. They were obviously at CBS for a million years. CBS loses the NFL. They went together to Fox. I'm sure, you know, NBC at the time who had the rights trying to get them or Monday Night Football, but they stayed together. And then here you guys are, Troy goes to ESPN. Joe wasn't there yet. It was Troy leaving first. And then you guys end up together. It's an interesting parallel to Madden and Summerall that you remain together. I mean, John ended up having other partners afterwards, but, you know, we work with Al Michaels, but it's an interesting - I'm pretty sure John ended up at every network. Yeah, he did, I think. You know, when it was all said and done. And yeah, I'm just as proud of that. And I do like that parallel that Pat and John stayed together and he and I stayed together. And it's just, this business is too weird and it's too tough at times who not knowing is standing next to you and what they're all about and what their motives are and if they've got your back. And, you know, to have that and to have the - forget the mechanics of the broadcast and the rhythm and all that stuff. We've got that down. That's baked in. But knowing, like, even that moment that we've already talked about where I know I can throw something at him. If I was working this year with Greg Olsen and I said that, I don't know if that's gonna piss him off. I don't know if he's gonna be like, hey, why are you trying to - But Troy one -upped me by ripping me saying there was a time when I didn't have to work with you in October. That's what I'm talking about. Like, I can give him trouble. He can give it back and be better at it than me. And that is like a great moment for us. It has nothing to do with me. Like, I genuinely root for Troy to be great. And I know he does for me. And that is what it's all about. And I would imagine with Madden and Summerall not having asked him this specifically, but they fit together so well because Jon was so big and such a big presence and a personality and a wham and, you know, kind of snot hanging off the face mask and all the other stuff. And Pat was the straight man. And we're not that, but we fit together on the air in a way that I think is genuinely pleasing to ears people's and sensibilities when they're listening to the game if they bother to listen to it that closely.
The Podcast On Podcasting
A highlight from Ep391: 7 Tips To Boost Your Podcast's Audience - Jeff Dwoskin
"Sometimes I would lead a question with a little more information and then so he could then give the information. But if you know that up front, then you can kind of be prepared for what type of host for that engagement you're going to be. 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 Jeff Dwoskin from Stampede Social, which serves podcasters. And his podcast is called Classic Conversations. He's a comedian. Hopefully he'll be able to help this podcast a little bit today so we're not too dry. He interviews TV stars, movie stars and other things. He's been doing this 268 episodes as we record, so probably around 300 by the time we publish this because he's doing two a week, which is awesome. So we'll get into that. Here's what we're really going to talk about. We'll talk about Jeff's experience with his own podcast and then I want to move into this tool that you can use that can serve you in podcasting to make it a lot easier for you to monetize and track and other things that are going to be beneficial to you. So stay tuned. Let's dive in with Jeff Dwoskin. Jeff, with your podcast, you mentioned in the green room that you launched it in May of 2020. And I want to hear the story of what kind of pushed you over the edge to launch that because I know a lot of people who launched around COVID and you did it quickly. So I want to hear this. Well, I did it quickly because I was prepped from 2017. So allow this to be a lesson to everyone. You just got to do it. And if you start to sit on ideas and second guess yourself that much time will pass. So in 2017, I was going to do a podcast and I was pretty big on Twitter at the time. I had gone viral a lot on Twitter. And so I wanted to do a podcast that helped people understand how to create that type of level of engagement on Twitter. So I was going to do a podcast called viral intentions. It's sort of a play on the movie, cruel intentions, but you know, going viral. I had the intro, the outro. I had my art. I had everything. I had some ideas for what episodes I sat on. It ends up in a box, you know, with my soundboard, everything in a box and just lo and behold, three years go by May, 2020, we're all working from home. And I realized, oh, I finally have time to do my podcast. I pull everything out. I call my friend, Nate Armbruster, who is my sound guy who knows how to hook up the board before I got a road caster. And you actually had to know which levers to do. And I'm about to put everything together. And I realized it's May, 2020. I can not launch a podcast called viral intentions because as you said, the epidemic is now in full swing. People are dying left and right. And now I'm a victim of bad timing. Yeah. Not just that. We would think that you caused it. Right. Exactly. You flew to China or who knows? I don't want to get too political.
The Breakdown
A highlight from Macro Signals Are All Flashing Warnings
"Welcome back to The Breakdown with me and LW. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Friday, October 6th, and today we are talking about the just unbelievable variety of deteriorating economic indicators. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. All right, friends, welcome back to The Breakdown. No updates on FTX today. As I am recording this, Gary Wang, the CTO and co -founder of FTX is on the stand, and I will say only that if Adam Yedidiah's testimony yesterday didn't look good for Sam, Gary's testimony yesterday and today looks even worse. I will quote from Matthew Russell Lee at Inner City Press on Twitter, who is, by the way, the single best person to follow for play -by -play coverage of this. The attorney asks Gary, did you commit crimes at FTX? Gary responds, yes, with Nishad Singh, Carolyn Ellison, and Sam Bankman -Fried. Rough. But what we're actually talking about today is the fact that outside our little corner of the economic world, basically every indicator is going to hell. Summing it up, Arthur Hayes says it's about to be rectober. So let's start with bonds because that's what everyone's talking about. A massive sell -off is underway in the long end of the U .S. Treasury market. The yield on the 10 -year Treasury note touched 4 .8 % on Wednesday, while the 30 -year note breached 4 .9 % briefly. Both are marks that haven't been seen since early 2007. TLT, the ETF which tracks the price of a basket of long -term bonds with maturities over 20 years, has continued its multi -year drawdown. The most recent leg has seen over 15 % of value wiped out in long -term bond investments since July. TLT has now lost almost 50 % of its value since the top in July 2020. By way of comparison, the 2008 crash saw a 57 % collapse in the S &P 500 across two years, while the dot -com crash of 2001 featured a 50 % decline in the S &P. The losses accrued during the current bond market route are twice as large as those during the bond collapse of 1981, when the Paul Volcker Fed hiked the interest rate to almost 20%. Now note, TLT is not a small ETF. It's one of the top 30 ETFs in the world in terms of assets under management, about a tenth of the size of the SPY S &P 500 index ETF. Now interestingly, although TLT has been getting pummeled, traders continue to flock in. The ETF has seen $33 billion in inflows since the Fed began hiking rates in March 2022. More than half of inflows have come this year. Assets under management have more than doubled despite the aggressive drawdown in price per share. As ETF store president Nate Gerasi put it, TLT has been a quote, cash incinerator. So what's causing this huge flow of funds into a collapsing bond market? TLT represents just one part of a massive collection of interconnected markets exposed to price action in U .S. treasuries. So it's impossible to know all of the positions being taken just by looking at one ETF. Part of the increased demand for treasuries comes from asset managers running fixed income portfolios. For example, pension funds, insurers, and bank balance sheets are some of the major investors who hold long -term treasuries. A paper loss on bond investments isn't typically a big deal for pension funds and banks, as long as they can continue to hold those positions to maturity. But as we've seen repeatedly over the past few years, holding to maturity is not always possible. Now, although these structural buyers are part of the story, many believe they don't explain the large increase in volume for TLT. Eric Balcona, senior ETF analyst at Bloomberg, wrote in a Twitter post that TLT investments quote, have cost traders $6 billion, but they keep coming back because it has to work. This is arguably the new fighting the Fed trade. When asked if he thinks it's just portfolio rebalancing, Eric said, that could be part of it for sure, but based on the elevated volume, it would indicate its traders betting. Now, one of the known bets being done in size is the basis trade. Basis trades in general are when an investor takes one position in spot markets offside by an inverse position in a derivative market to capture the price spread. In this case, hedge funds and other professional investors are taking long positions by buying bonds outright and then shorting futures. Short interest in U .S. Treasury futures is currently at all -time highs, recently exceeding their late 2019 peak. Importantly, a basis trade in U .S. Treasuries was widely blamed for the repo spike in September 2019. This trade is generally seen as a cause of systemic risk due to the massive leverage involved and its location close to the heart of the global financial system. The Fed, the Bank of England, and the Bank for International Settlements have all recently published papers warning of the risks of this arbitrage trade and noting its resurgence. Goldman Sachs, on the other hand, is much less worried, publishing a note last week which stated, we do not think the trade poses a major risk to treasury markets in the near term. Leverage in the system is materially lower than it was in 2019 -2020 as a result of a series of initial margin increases and price declines. Still, the BIS paper from last month said the basis trade, quote, is a financial vulnerability worth monitoring because of the margin spirals it could potentially trigger. Now beyond the trade, some believe this price action is simply the bond market pricing in higher for longer. At last month's meeting, Fed officials stood firm in their higher for longer rate forecast. Markets seemingly for the first time this hiking cycle are actually listening. Nick Timmeros, the Wall Street Journal's resident Fed whisperer, tweeted on Thursday, is the Fed finally getting tighter financial conditions? He attached a quote from Dhalip Singh, a former New York Fed official and now chief economist at PGIM Fixed Income, which said, these types of things often take on a life of their own until they self -correct, either through weaker economic data or a more sinister mechanism such as a financial stability scare. Either of those two developments would mark an inflection point back towards lower yields, but we're not there yet. Timmeros also noted that this is the first hiking cycle out of the past five where the without seeing a collapse in longer term bond yields. He wrote in a Twitter post, this time has been different. Investors had priced in and are now pricing out a recession with a quick turn towards rate cuts. However, in an appearance on CNBC earlier this week, Jim Bianco had a slightly different take on reactions to last month's Fed meeting. He said, what you're seeing in the bond market is a capitulation. Basically, most of the year, bond managers have been long in trying to argue why we're going to have a recession, why there's going to be a rally, and they've been having their brains beat in. If the Fed is done and the market senses there is still some inflation left, they don't want to touch bonds. I don't think the Fed cares about volatility in the bond market yet. They're asking the question, is it slowing growth in the real economy? Others noted that rates have hit a point where they are likely to cause a major problem for U .S. government financing. The Congressional Budget Office recently updated its forecast to note that interest expenses are set to reach 20 % of tax receipts by 2032 if they remain on current trajectory. Economist Harold Momgren said, the rise in long rates is primarily being driven by the huge and growing U .S. budget deficit. Added Jeffrey Gunlock of DoubleLine Capital, Now, former BitMEX CEO Arthur Hayes has published a new essay and has a strong view on how this bond market dysfunction ends. He argues that, quote, Hayes' point is that the large imbalances always resolve in one way. Printing money, he writes, Now, this bond market route has had Arthur banging the table all week. He has been pointing to the current yield curve move, known as a bear steepener, as basically unprecedented. A bear steepener is when long -term interest rates rise faster than short -term rates, un -inverting the yield curve while keeping rates high across the board. Arthur explains, As the 2s and 30s curve steepens alongside the 2 -year and 30 -year rates rising, fixed -income trading desks start bleeding money and can't figure out why. Due to the leverage and nonlinear risks embedded in banks' portfolios, they will begin selling bonds or paying fixed -on interest rate swaps as rates rise. More selling begets more selling, which is no bueno for bond prices. The faster this bear steepener rises, the faster someone goes belly up, the faster everyone recognizes there is no way out other than money printing to save government bond markets, the faster we get back to the crypto bull market. So that is some of the story in bonds, obviously. Not only could we talk about more, every cable news economic show is exclusively talking about that. But let's go to some other indicators in the macro economy as well. On Wednesday, the ADP published their private payrolls report. The payroll processing firm said that job growth for September had come in way below expectations. It saw just 89 ,000 jobs added for the month. This was down from an upwardly revised 180 ,000 in August and well below estimates of 160 ,000. This was the slowest job growth in the ADP figures since May 2020. ADP also said that annual wage growth had cooled to 5 .9%, the 12th consecutive monthly decline. Job gains came almost exclusively from the service sector, which saw 81 ,000 net jobs added almost entirely from leisure and hospitality. Major net job losses came from professional services, transportation and manufacturing. Now a lot of people said that this should give the Fed leave to continue its pause trajectory. However, this morning we got the release of the non -farm payroll report and it told a very different story. TLDR, September payrolls increased 336 ,000. The estimate had been 170 ,000. So basically we beat it to the upside by double. That means that this indicator that Jerome Powell has been looking at for a year and a half, which is tightness in the labor market, is still incredibly tight, which frankly gives the Fed leave and even potentially a mandate to increase rates even more. As Adam Cochrane wrote, In terms of GDP numbers, last week the U .S. Commerce Department published its final revision of second -quarter GDP, holding steady at a 2 .1 % annualized growth rate. Below the headline, the data showed a large downwards revision to consumer spending growth from 1 .7 % to just 0 .8 % on an annualized basis. This is 80 % lower than the consumer spending growth figure for Q1. Given that consumer spending accounts for around 70 % of U .S. GDP, the revision could speak to a troubling trend as the U .S. consumer cuts back. Claire Lee, vice president of credit strategy and research at Moody's Investor Service, said, Now, as an unconventional economic indicator, outgoing Nestle CFO Francois Xavier Roger had some troubling comments about the state of the global food market. He said that the total amount of food and drinks sold globally has been steadily falling since the beginning of the year. Roger said, Some pointed to, as a culprit, the recent adoption of new weight loss drugs. During an interview on Wednesday, the CEO of Walmart said, Now, while junk food purchases are unambiguously decreasing, many suggested the explanation is far more obvious and troubling than the adoption of weight loss drugs. Jeff Snyder tweeted, They're struggling to afford food, credit card debt is skyrocketing, and much more. What happened to the booming economy of just a couple months ago? Contributing to this notion of the consumer economy running out of steam, in September consumer delinquencies rose across the board. Auto loans, credit cards, and other consumer loan delinquencies have been steadily rising since late 2021 and have now reached decade -long highs. Credit card delinquencies are now at a little below 4%. And while that's nowhere near the 7 % seen in 2009, we are also well past the last peak in 2020. Now, mortgage rates have also been spiking alongside the rapid increase in rates for long -term treasuries. The average for a 30 -year fixed -rate loan hit 7 .49 % this week, according to Freddie Mac. That's the fourth straight week of increases bringing the average rate to its highest level since December 2000. What's more, some markets flashed rates above 8 % late this week, indicating that there are no signs of mortgage rates slowing down. Sam Cotter, Freddie Mac's chief economist, said, Unsurprisingly, this is pulling back home buyer demand. Now that lack of home buyer demand has been met with a slowdown in new listings as homeowners stay put. New listings declined last week, with this year exhibiting one of the lowest rate of home listings in recorded history. 2020 saw huge numbers of households refinancing into long -term loans at or below a 3 % rate. For many households, that historically low mortgage rate has made selling a financial impossibility with new loan rates as high as they are. So friends, that is the look at the macro. It is dicey out there. There isn't a lot of consensus about exactly what's going on. There is only consensus that it's getting worse, not better. Obviously, all eyes will be on Jerome Powell and the Fed and any indications that they give around their thinking is headed after this non -farm payroll report. And I, of course, will keep you updated as the picture becomes clearer. For now, I hope you are headed into a wonderful weekend in one of the best months of the year. And so until next time, be safe and take care of each other. Peace.
Leading Saints Podcast
A highlight from Following the Spirit in Leadership | A How I Lead Interview with Nate Kimbler
"Okay, so you're here for some great church leadership content. The podcast is great, but there's also another piece of content you need to be enjoying each week. It is the Leading Saints email newsletter. Now, I get it. Email newsletters feel so 2006, you know? But it isn't as old -fashioned as you might think. It's actually one of the most popular pieces of content that Leading Saints produces. Each week, I share a unique leadership thought that can only be found in the newsletter. I keep it short and sweet. Most can read in less than five minutes. And then we share with you recent content you might have missed, throwback episodes, and Leading Saints events that happen more often than you might anticipate. If you want to make sure you are on the email list, simply visit LeadingSaints .org slash 14. That's LeadingSaints .org slash 14. That will also get you 14 days access to our full library of content not available to the general public. So look for Leading Saints in your inbox by going to LeadingSaints .org slash 14 or click the link in the show notes.
The Bitboy Crypto Podcast
A highlight from CRITICAL Cardano Update! (Shopify Altcoin Partner)
"We are going to have some fun today. The Nictatorship is here in the land of BitBoy Crypto. Welcome to BitBoy Crypto. My name is Nick. Over there is Tim. On the board is Drew. We've got a studio audience today. We've got a lit show. My shirt is on fire. Yes, literally. I appreciate everyone here in the chat. Everyone in the chat is probably gobsmacked that the dictator is here on BitBoy Crypto. But you know what? Ben is traveling. It's at a rare evo event. Hobnombing was a bunch of Cardano people. And Deezy is there too. So hang on. Coffee. So it's my turn to run the ship. And as we all know, we can't have Tim immediately take over the BitBoy Crypto channel. They're just kind of easing him in, right? So yeah, like I'm the bench host, right? And then eventually Tim's gonna earn his spot. And this will be TimBoy Crypto. Who knows? So, oh no, not Nick, says Pedro Lavador. Sorry, bro. It is me. No, not Nick. The Nictators in the house from Paul. Flip a Frank. Nick's shirt looks like a 70s living room set. That's exactly the vibe I'm going for. That is exactly the vibe I'm going for. Appreciate all of y 'all. We've got some incredible, incredible news popping today. Tim, how are you feeling, bro? I'm feeling good. And here's the thing, guys. You need to know whether it's Ben or Deezy or the Nictator, my role on the show is to keep the nonsense to less than 2 .6 percent until the end of the show. And at the end of the show, the nonsense gets turned up to a thousand. So yeah, that will continue today. Yeah, I can tell you what. Ben has a difficult job because seeing myself in like six different spots plus the chat, it's a little overwhelming. But I think we're gonna push through. Or we could just end the show. I could just say steak and then we run the mid -roll and then we're in. We're done. Plus one in the chat, if you want me to end the show right now. Actually, there's a lot of Nictator love going on in the chat. No, we don't ask chat for that kind of power anymore. Sometimes they tell us what we don't want to hear. Well, no, I wouldn't give them the illusion of being able to vote. Just like the elections in the United States. Let's move on. Looking at BitBoy Crypto, we've got 1 .45 million subscribers. We've got videos on Matic. This one's really great. Everything you need to know about Matic. We've got Ben coin to one penny. Big update. XRP domination. This video is probably one of the best ones we've done in a long time. 52 ,000 views. Go ahead and check out our content. We make good content, folks. We do. Okay, we've got a negative one from Nate Wick. Appreciate the vote of confidence. You can simp for me on Twitter at Nick DeMundi. I've got there are flames coming out of my mouth at all times. So just be prepared. I'd say it's 30 % crypto content, another 40 % trolling, and 10 % just sus. Look at that outfit. Yeah, this is my Tyler Durden outfit. So, okay, you want to know the story of this jacket? I think I've told this before on ATB. You have 20 seconds. Do you know where I am? Where? Okay, I am at a Christmas wrap party for Stranger Things season 3. This is actually one of the costumers just seconds that they had spare from the costumes for Stranger Things and I wore it and I was about seven Miller Highlifes in. That's my eighth Miller Highlife in my hand right there. And I'm having a good time. Yes, I worked on Stranger Things. My wife and I worked on Stranger Things several seasons. Great times. Love those people. Cool story. Yeah. Let's get into the market watch. Let's get into the market watch. Tim, I like it. It's passive -aggressive. It's a little snide. I like it because it pisses me off. Let's get into it. It fuels you. Coin market cap, Bitcoin 26 ,059 doll hairs. Hang on. Get this crap off. No one cares about the fear and greed index. Hey, everyone's afraid so guess what you should do? When the fear and greed index is red, you should probably consider buying. Remember, everything I say is financial advice. Is it good or bad? That's up for you to decide. Let's see. 662 exchanges. Volume is in the toilet. Okay, like this is, we've had rancid Taco Bell bowel movements level of volume. It's so low and so heavy it cannot get possibly any lower. Ethereum gas is 36 quay. I don't do the math like Ben does because I'm not good at math. I was a communications manager. Okay, like I need a calculator to do anything other than addition and subtraction on fingers. So yeah, fear and greed at 35 out of a hundred. That's great. Buy the red. Sell the green. Ethereum is at 1 ,645. Let's see. XRP scam coin at 51 cents. I'm just kidding. I hold XRP. It's going to pump. It's gonna make people money. Everyone calm down. Cardano at 26 cents. That's quite a steal and we're gonna talk a lot about Cardano coming up. Okay, what's your, you had, you have some history with XRP at 51 cents, don't you, Tim? I mean, to be fair, my history was actually at 55 cents. It was a little bullish, but I do want to say we're gonna continue on with the show. Negative five points for the dictator for using the forbidden coin market cap. Oh, is that another thing? That's forbidden on this show. So we're gonna have to keep moving on. Should we use lunar crush? But yeah, no, XRP for sure. 55 cents got turned into resistance rather than use of force. We're fixing it on the fly here. There we go. There we go. Alright, you can have your five points back. Is it? So much worse. Listen, this is the new show. Chat. CoinGecko. Chat, tell us what to use. Tell us what to use. Tron is at seven cents. Guaranteed short. If you want to absolutely be guaranteed to find successful shorts, Tron and EOS are your coins. Just look and see what the market's doing and Tron and EOS will probably do the opposite. Dai, hey guys, stablecoins are still at a dollar, which is unfortunately an important headline that we must keep track of. Mm -hmm. Litecoin coming in as a $65 stablecoin. Let's see, Avalanche for under $12 is an amazing scoop. I know Ben doesn't like Avalanche, but look, it's the corporate coin. It is what it is. Stellar at 12 cents. Love Stellar. Chainlink at $6 .17. I think Deezy is actually gonna buy McDonald's Happy Meals worth of Chainlink today. Let's see. What are their movers? Oh, we got to do the 24 hour, right? Can we do that on Lunar Crush? Oh my gosh. This doesn't seem very germane to the conversation. Shout out to all the fantasy gold holders with a 90 ,000 % pump over the last 24 hours. My God. Do you know anyone who holds fantasy gold? No. It has a $157 million market cap. Hey, that's pretty big for them. 24 hour volume is $12. Okay. Or 12 million. Alright, let's, we have to go back to CoinMarketCap. That's the only way I can do this. Oh my goodness. We need the 24 hour price. These, I'm giving the squad what they want. BoneSwap, no jokes, up 16%. Didix, up 5%. Basically nothing. Render under $2. Great, great pick. Maker, Aave, Solana. Let's see. Go down. Let's see who's a loser. Thorchain, Monero. Perennial Loser, Curve. Chainlink. Deezy's Apecoin is still down. Deezy's Apecoin. Oh my gosh. Look at this chart. It's been a rough, good, googly moogly, rough couple months for Deezy. Wow. I would say the fundamentals are not bullish on Apecoin at this point. Hang on. Let me sip this. This coffee brought to you by Trezor. Oh, camera's struggling. Lavazza coffee is what I'm drinking today. Top tier coffee. All the nutrients you need to trade on the fly. It's kind of a new show today. We're going to get into continued market watch, but in the other side of the market that we rarely ever cover on this channel. Mining. Look at this. We're going to cover some mining today. They can't stop me. What are they going to do? Turn the stream off? Let's see. Mining. All of crypto, all of your gains brought to you by mining, because if there was no mining of Bitcoin, there would be no crypto. Let's see. Bitcoin is up 79 % today. BitNet money is up 26 % today. China is up 15 % today. We covered this a little bit on Blockchain Basement last night. Verus coin, very interesting coin, up 6 .3%. This is mineable on a cell phone, on a GPU, on a CPU. It is actually throttled, so there cannot be ASICs that mine Verus coin. It's positioned itself as like a currency coin that is very, very spread out, much like Cardano, as far as decentralization goes, but it's like Cardano proof of stake, but proof of work, and you do it on a phone. It's actually optimized for ARM processors and GPU processors, so very interesting coin. You can mine it on any phone, any tablet, any GPU, any CPU, and actually make quite a bit. Let's see. The gainers for today. Rethereum. This is an interesting project because it's Ethereum as it is now with all of its upgrades, but still proof of work. Okay. They relaunched the Ethereum chain. It's not Ethereum Classic. It's not ETH POW. It's Ethereum with all the upgrades minus proof of stake. Interesting project. I'm looking into it. It's the reward gainers. That means the hash rate has gone down, but the profit of the revenue that you're getting has gone up, so you're able to get 49 % more Rethereum than you were just a couple of days ago. Octaspace. This is actually... I don't know if I should... If you're subscribed to Crucial Crypto, you're gonna know about Octaspace. That's all I can say about that. Kadena. Don't sleep on Kadena. Do you know why no one should sleep on Kadena? Why shouldn't they sleep on it? Because it was made by JP Morgan. Oh, okay. Do not sleep on anything that the banks have a hand in. Kadena is one of those things. Casper. Rewards have gone up 5%, which is probably because a bunch of people sold. All right, what's next? We do merch? Oh yeah. Hey. We haven't done merch in a minute. We sell merch. There's Mirel. This is very intimidating. The rings. There's TJ. Let's go back. If this is a D &D class, what would it be? If Mirel was a D &D class, what would he be? Chat, give us your input on who you think Mirel's D &D class is, given this getup. Let me know. I've been neglecting Chat. Are there any good questions for Chat right now? I don't think yet. No, I mean, a lot of people saying how much they love the dictator and loved him. No, you're lying. No, they, I mean, there were, I mean, there was a mixed bag, but they definitely said they loved it. All right, all right. I believe you now. Hot on the block. We do have some really cool merch. Read the positives. Read the positives. Yeah. Okay, there's your merch. Should we move on? Should we do Ada versus the SEC? Okay, this is a really cool story. So, US SEC not coming after Cardano, Charles Hoskinson whips it out online, explaining the SEC's continuous crackdown on crypto entities is political and has nothing to do with securities laws. Chuckie Ho -Ho, founder of Cardano, believes the United States Securities Exchange Commission will not come after the project's native token, Ada. Interesting. He didn't say not him, but not Ada. Okay, that's fine. During a recent YouTube interview on Corey Costa's crypto coins, shout out Corey Costa, friend of ATB. Hosky pointed out that there has been no enforcement action against Ada so far. Hasn't there been a couple things where people have delisted Cardano? Yeah, a lot of exchanges have delisted in anticipation that something happens, but nothing, like, there's like misinformation out there. I've actually talked to people who think that right now Cardano's in a lawsuit with the SEC and that is not true. Same, same. Before we continue with the story, hit that like button. Drew, where are we at for likes, bro? Pull that mic down. Let the people hear your smooth dulcet tones. We got 288 likes. Need to pump those numbers up. These are, how do I say this nicely? These are Mike Pence at the debate last night numbers. We need to bump these numbers up, folks, okay? Prove that you are not a fed and hit that like button. Subscribe to this channel. Leave a comment. Get active in chat. Bro, Drew, give me a poll. Who won the debate last night? Poll the audience. Let's get it going. CritKratz, dictator hosting, very bullish for crypto. Heck yeah, baby. Let's keep on going. SEC is not coming after Ada in two recent lawsuits against the world's leading crypto exchanges, Coinbase and Binance. The SEC classified roughly 12 tokens, including Cardano and a bunch of other ones. PhilCon. PhilCon. That's how you say it. Insisting they ought to be registered. Insisting. More like stamping foot. Should be registered before being listed on exchanges. Coinbase CEO Brian Armstrong and Harry's Razor's number one customer once disclosed that the agency had asked the exchange to delist all tokens except Bitcoin as they qualified as securities. Isn't it weird that like last week the CFTC said Bitcoin and Ethereum were both commodities? Yeah. I mean, what's what's the Gary wants control, Nick, but this it's over, right? Like no one can serious. No one can take the SEC seriously if another agency says the thing that the SEC says is security is a commodity. I mean, I don't know if anyone has been taking the SEC seriously for a minute now, but we know Gary tries to fight with every weapon he has. And unfortunately, he still has a lot of weapons that don't work very well, but he still uses them. Yeah. And it's the delay tactic. He wants to delay everything he can. Yeah. Yeah. Hmm. Someone said watching Nick is painful. Well, look, pain and suffering makes you a better human being. Okay. Reject comfort. Watch this stream while I host. All right. Who won the debate last night? Vivek Pence, DeSantis, Trump. I would have put Nikki in there instead of Pence because Pence was just like a buffoon. Anyways, SEC's move is political. Yeah. We know this.
The Breakdown
A highlight from WSJ Says Binance Facing Trouble Over Sanctions Violations
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Wednesday, August 23rd, and today we are catching up with all the latest intrigue around Binance. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, welcome back to The Breakdown. When we survey the landscape, the wreckage, some might say, of this industry after the last year or year and a half, it is pretty clear what the biggest hanging chad or threat left is. One might argue that there's still contentiousness around DCG and whether it will be able to successfully get itself out of this Genesis situation. There's obviously a lot of jawboning about that and recriminations flying back and forth between Barry and the Winklevosses, but the bigger threat, at least that most people identify, or perhaps not threat but concern, is whether Binance is really doing as okay as they say they are. CZ has been quick to wipe away story after story with his customary four, indicating that everything is just FUD, and it is certainly the case that there has been an extraordinary amount of leakage from various US government offices around their investigations into Binance in ways that have led some to assume that they don't actually have the goods on Binance and so are just trying to try them in the court of public opinion. This week we got even more of all of that when on Tuesday, the Wall Street Journal reported that Binance is still facilitating large amounts of Russian transactions, raising the question of whether the exchange is flouting Western sanctions. The article claimed that, quote, via layers of intermediaries, clients can turn funds at sanctioned banks into balances at Binance, while Binance also enables peer -to -peer trades of rubles for digital tokens that frequently involve banks that are on Western blacklists. A spokesperson for Binance said, Binance follows the global sanctions rules and enforces sanctions on people, organizations, entities, and countries that have been blacklisted by the international community, denying such actors access to the Binance platform. They added that in operating their peer -to -peer service, Binance has, quote, no relationship with any banks whatsoever, in Russia or elsewhere. Now, of course, US sanctions have not been imposed on Russian citizens generally. However, most of the Russian banking and financial system is subject to sanctions, which prohibit US citizens and firms from dealing with them. The EU and other US allies have similar levels of sanctions in place. In October, the EU tightened restrictions on crypto transfers to Russian wallets, removing a 10 ,000 euro limit to prohibit crypto transactions to Russian residents and entities entirely. The claim made by the WSJ is that Binance is facilitating international transactions for Russian citizens who have been cut off from the global financial system through their peer -to -peer platform. According to the Bank of Russia, around $428 million in peer -to -peer crypto transactions are taking place each month. The reporting claimed that there are hundreds of active peer -to -peer sellers willing to buy and sell rubles for crypto with a significant market for Tether. The main centralized exchange is also seeing significant volume in rubles. Volume is massively down from its peak of $80 billion per month in May of last year, but still processed $8 billion in ruble to crypto trades in July according to data from CC Data. Tatian Maksimenko, a Russian businesswoman who formerly worked at a crypto exchange, said, Now, according to a recent review of Binance's peer -to -peer services, as reported by the Wall Street Journal, the platform allows Russian clients to receive payment at at least five sanctioned Russian banks. Crypto sellers on the platform provide payment details to Binance, who allegedly disbursed funds out of escrow after the on -chain transaction has been completed. The article raised further concerns that payment provider Advanced Cash continues to facilitate ruble -denominated transactions with Binance through additional intermediaries. The Belize registered payments provider said it had severed ties with sanctioned Russian banks in March of 2022. However, its website provides links to, quote, Now, of course, the report comes after months of speculation that the DOJ is investigating Binance for money laundering and sanctions evasion, but to date, no charges have been filed and it's unclear whether any charges will be forthcoming. The reaction from the crypto community is basically one of, if this is true, it's a big deal. Investor Adam Cochrane writes, Can you imagine the sheer level of chaos if Binance is hit with OFAC violations? Like how do they deal with that seizure? If they blacklist the hot wallet, then your deposits are effed would be way worse than any regular DOJ action. Travis Kling writes, Sheesh, $428 million per month of P2P ruble to crypto, $8 billion per month of ruble to crypto trading on the main exchange. If you think the US government isn't going to drop the hammer hard on that kind of scale of sanctions violations, you've lost your mind. Now, as with basically every story that we've had on Binance this year, there are two possible explanations. One is, though, where there's smoke, there's fire. And these things are leaking out because there's just so much to leak out that it's coming out of all sides and that we're still just in the period before some action comes. The other possibility, however, is, as some have claimed, that because the DOJ or OFAC or whomever don't actually have a good enough case to bring charges, they're instead trying Binance in the court of public opinion and in so doing feeding sourcing for these types of articles. I don't know what the case is, and I think everyone is right, especially after the last 18 months, to be extraordinarily skeptical. A default position at this point in crypto of assuming there's fire where there's smoke is definitely sensible. But we're coming up on a year now of rumors of DOJ or criminal action. We still haven't seen anything yet. So I guess for now, we just have to wait until the next article comes out with all sorts of its accusations, just so that CZ can say four. The people who are concerned can say they are concerned. The people who are Binance stans can just say four as well. And we're right back to the beginning where we started. Now elsewhere in the Binance empire, some customers are reporting difficulties withdrawing euros. In response to a user complaint on Sunday, the Binance help desk responded that, quote, we have temporarily suspended euro withdrawals and deposits via SIPA. SIPA is the Single Euro Payments Area Network, a bank transfer protocol similar to ACH. Now Binance later deleted and revised this public statement, stating that the SIPA deposit and withdrawal service will continue until September 25th, as originally communicated. The customer service message was sent in error. We apologize for the inconvenience, and we will have alternatives for our users in place before then, so stay tuned. Making their feelings known, the user experiencing the problem simply replied, lies. The issue comes a few months after Binance informed users that its European banking partner PaySafe would be discontinuing services on September 25th. A Binance spokesperson addressing the specific users issue said, some users may occasionally be asked for more information as part of routine compliance checks, which could lead to early closure of their accounts. They said that Binance will have alternatives for our users in place before the end of the SIPA service. Now, trouble processing euro payments comes just a few days after news broke that Binance were also being cut off by London -based credit card processing company Checkout .com. Binance were the single largest customer for the payments firm. Forbes reporting cited letters sent in early August, which cited concerns over anti -money laundering, sanctions, and compliance controls at Binance. The letters said termination of service would occur on August 17th, and a Binance spokesperson said that the exchange disagreed with the reasoning for the cutoff, but stated that it would have, quote, no impact on our services. Finally, making everything so much the worse for Binance, their native token BNB has been on a renewed slide. The token reached a low of $204 on Tuesday, but has since recovered and is now trading at around $217 as of Wednesday afternoon. Tuesday's level was BNB's lowest point since June of last year and represented a 14 % drawdown in under a week. Part of the downwards pressure on BNB relates to a massive $150 million loan on Binance smart chain lending platform Venus Protocol. The position was opened up by a hacker in October of last year. After exploiting a cross -chain bridge to mint a half a billion dollars worth of BNB, the hacker took a loan against some of the fraudulently created funds, presumably as an exit strategy with no intention to ever repay the debt. In November, a governance vote was taken on how to avoid a massive impairment accumulating on Venus Protocol. The BNB core team proposed becoming the sole liquidator of the position to ensure they could prevent any liquidation cascades. On Thursday night, the liquidation began with $33 million worth of BNB cleared to shore up the loan. Venus Protocol tweeted out that the account was quote, made healthy, but there's still another $126 million in outstanding debt sitting on the Venus Protocol waiting to be liquidated if the BNB price continues to fall. Now, summing up all of the chaos, Travis Kling, who it should be noted is warning, and intentionally so about Binance after being caught up in the FTX collapse, tweeted, Pretty wild price action in BNB. Not sure what's going on. It's almost as if Binance was sued by the SEC on numerous charges with damning evidence, Was sued by the CFTC on numerous charges with damning evidence. Had three senior executives quit in the same week? Had a billion -dollar -plus collateral hole in Binance peg BUSD? Had Paxos forced them to wind down BUSD? Got kicked out of Canada, Germany, Netherlands and Belgium? About to be charged by the DOJ's strong evidence of massive money laundering, terrorist financing and sanctions violations? Under investigation in France for aggravated money laundering? Had their auditor quit and remove attestation? Lost multiple banking partners and payment processors can't process fiat in most countries? Had Binance US effectively closed? Laid off thousands of employees? Cut benefits for remaining employees? Dot dot dot. Oh. Wait. Like I said, I don't know what the truth is. The fog of war is thick. But a default position of defensiveness, and assuming that things are as bad or worse than they seem, is probably the safest approach right now. Speaking of things being as bad or worse as they seem, let's close on a quick Sam update. Sam Bankman -Fried has pleaded not guilty to a superseding indictment. Prosecutors formally presented the indictment during an arraignment hearing before a magistrate judge. The fraud and money laundering charges remain the same, but the campaign finance charge has been dropped. The details of campaign finance violations will be folded in as evidence for the remaining charges. Prosecutors said they were required to drop the campaign finance charge due to complications with their extradition arrangement with the Bahamas government. This was Sam's first appearance in court since he was remanded to jail earlier this month. The judge has not yet dealt with Sam's request to be released to prepare his defense at the However, Sam was allowed to meet with his lawyers on Tuesday until 3 p .m. when he was transported back to the Brooklyn Metropolitan Detention Center. During Tuesday's hearing, the issue of Sam's inability to review documents due to a lack of internet was raised, with his lawyer stating, Prosecutors noted that the matter had already been briefed to the judge overseeing the case. The magistrate responded to Sam's lawyer by noting that, Sam's lawyers also bemoaned conditions at the jail. He said that Sam had been denied vegan food options and stated that, The lawyer also noted that in the past 11 days of confinement, the jail has not provided Sam with Adderall, a drug for treating ADHD, and according to his lawyer, Sam is also running low on his supply of MSAM, which is a depression treatment. Prosecutors quibbled over the suitability of the jail conditions to enable Sam to prepare his case ahead of an October 2nd trial date, with ultimately the magistrate saying they would look into the issues once the hearing was adjourned, hoping to resolve them that day. Sam is still yet to provide details of legal advice regarding his conduct at FTX, despite prosecutor requests. He is seeking to rely on this as an advice of counsel defense. The judge set a deadline of documentation of this advice to be submitted by Wednesday. Now also the night before the arraignment, prosecutors and Sam's lawyers submitted competing sets of jury instructions for trial. The DOJ's document laid out the basis for each charge in detail and explained the difference between substantive crimes and crimes of conspiracy. Prosecutors outlined what jurors would need to determine if they decide to convict, specifically that there was a scheme to defraud, that Sam knowingly and willfully participated, and that the defendant used interstate wires to conduct the scheme which includes the internet. SPF's filing suggested that he may argue that he had an honest belief that use of customer funds was not unlawful. The filing suggests that his behavior amounted to honest mistakes in judgment and errors of management rather than crimes. It leaned heavily on the idea that unregulated crypto firms are in something of a gray area. Sam's filing said, If Mr. Bankman -Friede acted in good faith with respect to the use of FTX customer funds and with the belief that as a business matter FTX would be able to cover all customer withdrawal requests, he did not act with specific intent to defraud. It is also not relevant whether you believe certain conduct should have been regulated even though it was not regulated at the time. Now to put it mildly, the community does not have a lot of sympathy. However somewhat more sympathy is being extended for Nate Chastain, OpenSea's former head of product who was convicted of fraud and money laundering in May and has now been sentenced to three months in prison for insider trading. Chastain was responsible for deciding which NFT collections would be featured prominently on OpenSea's homepage. The scheme involved him purchasing NFTs ahead of them being featured on the website. All told, Chastain was accused of making over $50 ,000 in profits from this scheme across dozens of trades in 2021. At the time of his arrest, authorities referred to this case as the first ever insider trading scheme involving digital assets. Chastain's lawyers argued that the case should be dismissed because NFTs are not securities and Chastain leveraged information that was not confidential. The judge however was unconvinced and allowed the case to proceed to a jury trial in May, ultimately ending in his conviction. In addition to the three months behind bars, Chastain has been ordered to serve three months of home detention, to conduct 200 hours of community service, to pay fines of $50 ,200 and to surrender 15 .98 ETH, the spoils of his crime. US Attorney Damian Williams said, Nathaniel Chastain faced justice today for violating the trust that his employer placed in him by using OpenSea's confidential information for his own profit. Today's sentence should serve as a warning to other corporate insiders that insider trading in any marketplace will not be tolerated. So there you have it friends, that's the update from here. Another set of dreary but important events as we try to close the door on the last chapter of this industry and move to something hopefully a little bit better. Thanks for listening as always and until tomorrow, be safe and take care of each other.
Daily Crypto Report
A highlight from "Former OpenSea Exec Nate Chastain gets 3 months for insider trading." Aug 23, 2023
"As a person with a very deep voice, I'm hired all the time for advertising campaigns. But a deep voice doesn't sell B2B, and advertising on the wrong platform doesn't sell B2B either. That's why if you're a B2B marketer, you should use LinkedIn ads. LinkedIn has the targeting capabilities to help you reach the world's largest professional audience. That's right, over 70 million decision makers all in one place. All the bigwigs, then mediumwigs, also smallwigs who are on the path to becoming bigwigs. Okay, that's enough about wigs. LinkedIn ads allows you to focus on getting your B2B message to the right people. So, does that mean you should use ads on LinkedIn instead of hiring me, the man with the deepest voice in the world? Yes, yes it does. Get started today and see why LinkedIn is the place to be, to be. We'll even give you a $100 credit on your next campaign. Go to LinkedIn .com slash results to claim your credit. That's LinkedIn .com slash results. Terms and conditions apply.
Thinking Crypto News & Interviews
A highlight from FIRST CRYPTO FRIENDLY REPUBLICAN DEBATE! BINANCE US FIAT ON RAMP, STELLAR LUMENS XLM, & COREUM
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, I want to give you an update on the Grayscale versus SEC lawsuit. There was supposed to be a decision today, but unfortunately there was no decision. This is according to the Grayscale chief legal officer. Everyone is waiting in anticipation. What is the ruling on this? We're hoping Grayscale mops the floor with Gary Gensler and the SEC and gives the SEC another major loss. We're also hoping that Coinbase, they can get their lawsuit dismissed or at least beat the SEC in court as well. We've seen the court has been the balance of power where the SEC corruption and nonsense and illegal activity or unlawful activity has been getting exposed. Judge Sarah Netburn in the Ripple lawsuit said the SEC lacked faithful allegiance to the law and how many CEOs and folks in the industry have said the SEC is acting shady. They asked you to come in and it seems like they're doing and working with you in good faith, but they're looking to stab you in the back. So I'm hoping Grayscale wins this. I'm not the biggest Grayscale fan, but with regards to this situation, they filed for a Bitcoin spot ETF in addition to about 20 other people. And they've been trying to get an ETF for a very long time, but the SEC has denied these ETFs. And I think that's because they want their wall street buddies like BlackRock, specifically Gary Gensler's buddies like BlackRock and all these folks to come in and take over the market, to have them have the ETFs. How dare these crypto startups try to supplant these tradfi incumbents, right folks? That's the game that's been going on and we need the SEC and Gary Gensler to take more losses. I'm not saying the SEC doesn't have a job to do. Of course they do, but they have fallen far from that core mission to protect investors, to look out for bad actors. Instead, they're going after good actors in a very politically themed move, right? We see Gary Gensler, he has made the SEC very much about politics. We know he's Democrat appointed and it's unbelievable that he's doing that. He's not doing his job and he should be fired and kicked out. So this is why we need Grayscale to get a victory, we need Coinbase to get a victory. And obviously we had a big victory with the Ripple lawsuit where XRP was declared intrinsically not a security and secondary market sales, not securities offerings. That was a huge win, not just for XRP, but for the entire crypto market. So let's see if we hear anything by Friday or next week, but I'm hoping this comes soon folks, because Congress is going to be back in a couple of weeks where they're going to reconvene and try to push them crypto regulation bills through. And if the SEC is taking more losses, they're going to want to take action. So I think you need that catalyst. It seems that's the catalyst, because we started seeing a ramp up in efforts from Congress as soon as Ripple's ruling came through and it was positive for XRP and Ripple. The SEC took a big loss there. Trust me when I tell you, even though it was like a split decision for the most part, Ripple took the biggest share of the pie from a victory standpoint. So let's see what happens folks. Now everyone I think pretty much knows tomorrow is the first Republican presidential debate to feature pro -crypto candidates. You have Florida governor Ron DeSantis and businessman Vivek Ramaswamy, who are both pro -crypto. They've specifically Ron DeSantis has talked about CBDCs and the need for regulations. So I'm not here to endorse either of these candidates. I'm just stating the facts. We are entering a new era where crypto adoption is growing and even our political candidates and politicians can't ignore crypto anymore. And on the Democrat side, you have RFK Jr. who's very much into Bitcoin and also it's calling for crypto regulations. So this is very bullish folks. And this is why I'm sharing with you that you are aware that crypto is seeping into the mainstream, into politics, into pop culture, right? It is a growing asset class in technology and folks, this is part of the adoption. People understanding what's happening here, talking about it in different circles and different walks of life. And if you understand adoption of technology and new things, you go back and you look at the internet, this is part of it, right? In order for more people to come in and to adopt the technology, invest in it and do much more, they need to start hearing about it and seeing it, right? There's marketing principles here that many times people need to see things two to three times or hear about it two to three times before they're interested or they make a decision to purchase and so forth. So don't take this news lightly. It is certainly very important. So candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto related policies will be meeting for a debate for the first time. The August 23rd event will be the first time many of the Republican candidates will be in the same room amid a political campaign that has seen them targeting their rivals, though it's unclear if cryptocurrencies and blockchain will be mentioned at the debate. Some of the candidates have explicitly mentioned plans to include the technology and policies should they win the party nomination on and the presidential election. Florida governor Ron DeSantis is trailing by double digits to Trump, according to several polls will be leading. It will be the leading candidate among the eight contenders in July. The Florida governor promised to ban central bank digital currencies in the US should he be elected president, citing concerns about giving the government authority over consumer payments. He previously signed a bill aimed at largely prohibiting the use of a federally issued digital dollar in Florida. Rama Swamy, who at 38 years old is the youngest candidate in the running, has advocated for the 2024 election to be a referendum on fiat currency. He spoke at the Bitcoin 2023 conference in Miami to announce his campaign would be accepting Bitcoin donations later receiving praise from ex CEO Elon Musk as a promising candidate. Now Miami mayor Francis Suarez, and many of you may recall my interview with him back in 2020, who gained popularity in a space for promoting pro -crypto policies in the city entered the presidential race in June. During this time as mayor, he announced he would accept certain paychecks in Bitcoin and was involved in the Miami coin token project for Miami residents. Suarez said in a now deleted post on X, formerly Twitter, on August 18 he had qualified to appear at the Republican debate. However, this claim was contradicted by GOP officials on August 21st following an announcement regarding the debate participation list, which included eight names with Suarez not among them. So Suarez didn't make it. We know he's super pro -crypto. I had interviewed him and they were looking to potentially put Bitcoin on a balance sheet in Miami as well. So folks, once again, this is not to endorse any specific candidate or party, but rather just step back, put aside politics for a second and just look at what's happening in the landscape of adoption of crypto. And part of it, like I said, is the recognition in mainstream and politics and much more. And you know, the folks who are running for president, who are going to take policies or help create policies around crypto and turn it into law. So this is significant. And I'm so bullish when I see things like this. Once again, I got in in 2016 and I couldn't imagine this happening. You have pro -crypto candidates and we'll see if it becomes a topic. It will be very interesting if it comes up, folks, giving crypto prime time coverage in the mainstream media. Now let's move ahead. Really interesting news around Binance US. So Binance US renews banking push with MoonPay deal. Binance US is pushing into fiat support again via a MoonPay partnership. Now, many of you may recall they turned off fiat on and off services with Binance US, you know, getting sued, of course. But it looks like they're like, OK, whatever the dust is settled, we're going to try to get fiat on and off RAMs again. So Binance US has been working on integrating new US dollar on RAM solutions, such as partnering with third party payment provider MoonPay. The company told customers in an email on Monday, which was reviewed by BlockWorks. It wasn't immediately clear what crypto currencies would be supported for buying and selling in dollars via the MoonPay partnership. One indicator pointed to Tether's USDT as being the sole supported asset at launch. Representatives for Binance US and MoonPay did not immediately return a request for comment. MoonPay supports debit and credit cards, as well as ACH transfers. The exchange before the US SEC's lawsuit earlier this year previously supported buying most crypto assets via dollar deposits and in turn selling those currency, crypto currencies in a dollar conversion, which would then be withdrawn by customers of Binance's platform. An update listed for Binance US's app on the App Store or Apple App Store at the end of last week said users could now buy and sell USDT with USD in app via MoonPay. So folks will see, you know, I'm still hesitant here with Binance US, not because I don't trust CZ or whatever, but rather I think Binance is in the targets of a lot of regulators. You know, there is a macro political play here that, you know, Binance is often associated with China as a Chinese company. So from the folks I've been talking about who do a lot of advocacy and lobbying in DC, they said a lot of people don't like Binance. So I wouldn't be surprised if the regulators come down really hard on Binance US. I don't think they can really do anything to hurt Binance .com, but Binance US being a US company, it's an easy target, right? So I would probably avoid Binance US. I was using Binance US before, I'm not using them right now. Once again, it's not because I hate Binance or I have a problem with CZ or something like that, but rather something is cooking up here with the regulators. Now, a great exchange that I do use and I trust and I've been using them since 2018 is Uphold and they're a sponsor of the podcast. And once again, I'm a user of the platform, so I'm not promoting something I don't use. I've been using it for years. That's why I selected them as a sponsor. They have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. I recently interviewed the CEO of Uphold and they offer precious metals as well and equities so you can trade both. And yeah, if you'd like to learn more about Uphold, please visit the link in the description. All right, let's move ahead. Chinese government officials sentenced to life in prison for operating Bitcoin mining enterprise. Now, the headline here is a bit misleading because it wasn't just that that he went to jail for, but he was doing a whole bunch of other things. So, you know, it's not just crypto, but just corruption in general. So a court in China has handed a life sentence. Wow. Life sentence to Yi Zhao, a former member of the Chinese Communist Party for corruption charges, including facilitating crypto mining operation. Zhao was vice president of the Xianzi provincial committee of the People's Political Consultive Conference. Wow. Try to say that five times fast. The court also found Zhao guilty of power abuse. He has been convicted of accepting more than 125 million yuan, which is about 17 .1 million dollars in bribes between 2008 and 2021. So this guy had a lot of stuff going on, but he was trying to help. He helped companies that were engaging in crypto mining. And this was during the period where China had banned crypto. We know they unbanned it, of course. So and they're doing obviously China did a 180 on crypto. Hong Kong is all in. China's trying to create a Silicon Valley for crypto. I think in Shanghai, if I'm not mistaken, they had released a, you know, Web3 white paper all about this. But interesting news here. And we got some more news of someone else going to jail. So former OpenSea, which is the NFT marketplace manager, Nate Chastain, has been sentenced to three months in prison and a 50K fine for charges related to NFT insider trading. So it looks like he was doing some some sort of insider trading. But, you know, obviously this is not anything crazy. Three months in prison, a 50K. I think he got off easy there. You know, I don't have all the details into how much money and all that, but just said FYI, he's the former OpenSea manager. Now, we got some interesting news around Stellar Lumens, the Stellar blockchain. And recently I interviewed Tomer Weller, who is a VP of product at Stellar. If you haven't seen that interview, be sure to check it out, folks. It's a good one. And Stellar is looking to launch smart contract technology on a blockchain. So Stellar joins Bytecode Alliance to help develop EVM alternative WASM. Stellar joined the industry group developing WASM, an alternative computation engine for running smart contracts. WASM is a competitor to the Ethereum virtual machine, also known as EVM, used by the Ethereum ecosystem. It is also used in non -blockchain browser -based applications. EVM is a virtual machine or computation engine used to execute smart contracts. It is used by most blockchain networks, including Ethereum, BNB, Smart Chain, Avalanche, and many others. But a few networks use WASM instead, including Polkadot, Multiverse X, formerly Elron, and Internet Computer. Stellar began as a payments network in 2014, but in 2022, it implemented smart contracts to provide more functionality to the network. In April 2022, Stellar developers chose WASM as their computation engine. They argued that despite the popularity of EVM, it's stored and execution models are expensive and challenging to paralyze, which gets in the way of scalability, making transactions more expensive. I love this, folks. I think more competition in the market is healthy, that is beneficial to innovators, builders, investors, and much more. We need a lot of competitors, and we need not just Ethereum having the monopoly on smart contract tech and EVM and so forth. So this is really great. I like that they're doing this. Stellar also argued that WASM was perfect for extremely adversarial environments like as it was originally developed for browser applications. This was another reason the team chose WASM over EVM. So interesting news here from Stellar. I do hold some Stellar Lumens, XLM, in my portfolio. Not a lot, but I do have it in there because we've often seen that XLM moves with XRP when there's price movements. But I'm still on the fence a little bit about XLM. Once again, I have some of my portfolio. I'm diversified, but I'm not actively accumulating it to be fully transparent. Now let's move ahead. Comanu becomes latest crypto firm to gain full license in Dubai. The crypto custodian is set to offer institutional staking and collateral management in the region via its Comanu Connect platform. Smart move on their part. They serve institutional investors, and they're going to an area where there's a lot of institutional investors, a lot of wealth, a lot of sovereign wealth funds. So we are seeing, folks, across the globe, the setting up of the infrastructure, on and off -ramps, custodians, and much more. And a lot of it's catered to not just retail, but just institutional investors, to a lot of family offices, investment firms, hedge funds, and much more. So very, very bullish news. The crypto custodian is among the first to receive a full virtual asset price provider, VASP in short, in a region that various companies in the segment have sought to set up outposts. Crypto firms interest in Dubai accelerated after the Emirates established Vara in March 2022. Vara has created a robust regulatory framework, allowing firms like ourselves to innovate whilst operating safely and exploring the future potential of digital assets, which includes tokenization and DeFi services. Khomeini's strategy lead, Sebastian Wittenman, told Blockworks in an email. Folks, do you see what's happening, right? Building and expansion merges acquisitions. This is what you want to see in this growing asset class, that this is continuing. People are bullish. They're expanding services globally. And this, despite the headwinds we're facing here in the United States with scumbag regulator Gary Gensler, and the lack of crypto regulations, the rest of the world is moving ahead. And when you have a huge market, once again, a lot of wealthy folks, we know Dubai is, I mean, come on, the wealth, the building, the expansion that's been happening there is incredible. There's a lot of capital there. So building this on and off rams for institutional players, that's very bullish for the future adoption of crypto and the prices, of course. Now, finally, I want to give some update around Quorium, which is, of course, a partner of the channel. And here it looks like BitPanda, the crypto exchange is going to be listing Quorium. They said, yes, Quorium, our newest BitPanda spotlight countdown is live. Subscribe to get some free Quorium so you can subscribe and get some free Quorium guys. The listing date will be August 28th. They said here, Quorium is a third generation layer one enterprise blockchain built to serve as the core infrastructure of future blockchain applications made to be an interoperable modular and fast ecosystem that lets businesses of any size launch DeFi applications and protocols in the metaverse gaming and banking remittances area. So they said here, please note that the ticker for Quorium on BitPanda will be Quorium as core corresponds already to core DAO. Are you best VIP already? If you are, you will receive some giveaway tokens. So, folks, go check it out. You can probably get some free tokens there. But, you know, if you want to check out Quorium on your own, you can visit their Twitter profile and also check out their website. But that's the news, folks. Thank you for watching, listening. Appreciate your support. Please hit the thumbs up button. Leave a comment on YouTube. Please hit the five star rating and leave a review on the podcast networks. Check out the merchandise store already. Thank you all and I'll talk to you all later.
Thinking Crypto News & Interviews
A highlight from HUGE HBAR NEWS! FEDNOW HEDERA DROPP - COINBASE CRYPTO REGULATIONS, ARGENTINA BITCOIN + COREUM
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, I want to start off by giving you some perspective about all markets and bad actors and good actors. You know, quite often we hear Gary Gensler say there's a lot of scammers and hucksters and whatever else in the crypto market, right? He's painting the whole industry and asset class with broad strokes. But we know that's a lie and he's just gaslighting, right? But if you look at all markets, there are bad actors there. For example, UBS, one of the largest banks to pay $1 .4 billion for fraud in mortgage backed securities. So great example that even a established, fully regulated industry still has fraud happening, JP Morgan and all these banks, Wells Fargo, they all get billions of dollars in fines almost every year because they're doing something shady. And that is because in civilization and humanity, there are bad people looking to do bad things. So it's not that the technology or the asset class is bad, but rather there needs to be proper regulations and we have to weed out the bad actors. Now one could argue it's not possible to weed out every bad actor because we don't know what's happening in the minds of people. We're not mind readers, but we at least have to have proper regulations. So when you see the likes of Gary Gensler and others who are anti -crypto, gaslighting and putting out sensationalized headlines, don't be dismayed and realize what's happening. They're trying to put out a narrative. And we know crypto is here to stay. There are a lot of folks building with the technology. Are there bad actors? Of course, just look at Sandbank -Meerfried, right? But Sandbank -Meerfried is crypto's Bernie Madoff. So you just see these things when you line up all markets, you see the bad actors and of course the good actors. So a great example here. Now folks, Michael Burry, the big short Michael Burry, apparently he is running some shorts here and it's at a market value of $1 .6 billion. Apparently he bought $890 million of the SPY puts, bought $740 million of the QQQ puts Now, we don't know what the expiration dates are on these. So we don't know what the timeline is here, but he's looking to short the stock market and we'll see how that works out because look, he was right with the 2008 mortgage backed security situation and everything that took place there. He was absolutely right, but he hasn't been right every time. And we'll see where this goes. But I think he's seeing something on the horizon that what many of us have been tracking, many analysts is that the stock market is retracing. I don't know if this is a move to all time highs. I honestly don't know. I took some profits recently because I'm like, I don't know. I'll walk away with some money on my stocks, but we'll see what happens. And, you know, as far as the stock market and we know Bitcoin and crypto has been correlated to it, you know, Bitcoin is at a pivotal moment right now. So one of analysts tweeted out sideways at $29K has run its course. So it's decision time for Bitcoin this week. Is our next significant move up or down? You all know. I'm hoping it's upwards. Right. I've been sharing a chart with you guys for over a year now where we've been following Bitcoin's retracement. You know, certainly it's going to be a roller coaster ride upwards, just like it was in 2019. Nothing goes up in a straight line. But boy, I hope there's another leg up that takes us to, you know, 40K plus. And that will be a nice retracement move, at which point I'll take some profits. But there's no guarantee of that. And right now, Bitcoin is still holding support here with this trend line. But boy, like I said, guys, I'm hoping for another move up. We'll see what the catalyst may be, maybe some bullish news, some other big player entered in the crypto market. But let's keep our eyes on this. Hopefully it's not a dump. All right, folks, we got some very huge Hedera HBAR news. You all know I hold HBAR in my portfolio. I am bullish on it. I continue to dollar cost average, you know, not financial advice. Please do your own research. So here's the headline. FedNow showcases DLT powered payment system as service provider. The United States Federal Reserve's instant payment system FedNow has added a company powered by the distributed ledger technology platform Hedera Hashgraph to its showcasing service providers. On August 14, FedNow's official website added DROPP, a micro payments platform built on Hedera to its FedNow service provider showcase section. The section aims to connect financial institutions and businesses with service providers that can help them innovate and implement instant payment products using the FedNow service. Folks, this is really huge. I mean, the Fed endorsing micro payments provider that is built on the Hedera blockchain. That is huge news. If you hold HBAR, remember, they don't necessarily have to be using the HBAR token, but we're talking about Metcalfe's law, network effects, right? The more building on a network, the more adoption, the more participants, the stronger the network becomes, the more valuable it also becomes. And of course, in this digital realm that we live in, in the token economy, the native token will increase in value, folks, because the tokens grease the blockchain, right, help to process and fund the blockchain. So this is huge news. I'm very, very bullish on HBAR. Once again, not financial advice. Please do your own research. According to the FedNow site, DROPP is a digital solution that was made so that merchants can accept payments at low cost. The company uses DLT and regulated banking tech to build its solution that allows merchants to accept payments without paying huge transaction fees. While the new updates seem like the Federal Reserve is warming up to the DLTs, the FedNow service also wrote on its website that materials are only presented as convenience to potential FedNow service participants. So huge news, folks. And remember, the folks who are part of the governing council for Hedera, their global governing council includes Boeing, Dell, Google, IBM, LG, ServiceNow, Standard Bank, much more huge, huge brands. This is one of the projects I think will come out of the whole speculation bubble and enter the utility phase and be one of the crypto blockchains that have lasting potential. So I'm very bullish on this. All right, let's move ahead. We got some updates here from Eric Balcones of Bloomberg around Cathie Wood's ARK Invest crypto ETFs. So he said new filing from ARK for a digital asset and blockchain thematic ETF will hold equities. So this is interesting. Cathie, we know she's trying to get a Bitcoin spot ETF. She's in line with BlackRock and the others, but they're also looking to build new ETFs, too. So here, Nate Geraci of the ETF store said, odd filing, given how saturated this space is. He's talking about the equity ETFs. Wonder if there is anything to read into here regarding ARK's confidence around spot Bitcoin approval, which if it happens, these blockchain ETFs would face an additional headwind in terms of competition. So maybe ARK is not that confident. So we shall see. Look, I think it's certainly almost guaranteed that BlackRock is going to get approved because of their record and because they pretty much run the world for the most part. But let's see what happens. There's no guarantees here, folks. And look, there could be a buy the rumor, sell the news event around these ETF approvals. So just be prepared for that. If an ETF is approved, that doesn't mean billions of dollars are coming in overnight. They have to set up the marketing, the structures. They have to get the RIA's onboarded, right? It doesn't happen overnight. They'll probably need a few months. If you look at the when the gold ETFs were approved, it didn't pump instantaneously. It pumped maybe like six months later the gold market. So something to keep in mind, folks, and, you know, know how to strategize. So I think there will be, once again, a buy the rumor, sell the news event. Now, quick word from our sponsor, and that is Uphold, which makes crypto investing easy. I've been using Uphold since twenty eighteen, one of my go to exchanges, so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and equities on this platform. If you'd like to learn more about Uphold, please visit the link in the description. All right, folks, let's move ahead because we got Jay Coward Clayton. Yes, former SEC chairman that I call a coward because he's the one who filed a lawsuit against Ripple and ran out the door the next day. He did not approve a Bitcoin spot ETF. And of course, we know he was doing some corruption in the back room with Bill Hinman and Ethereum to get them the free pass, nothing against Ethereum, but rather the SEC corruption, because guess what? These are the people who are supposed to have integrity. They're funded off our tax dollars and they're supposed to be stopping the bad guys, but they themselves are the bad guys doing fishy corruption in the back room, getting paid millions of dollars. So Jay, of course, making his biweekly appearance on CNBC Squawk Box this time, he was talking about Sandbag Refreed and of course, the Bitcoin spot ETF. And of course, the Joe Kernen, Becky Quick, Andrew Ross Sorkin and these folks failed to do their job. No questions about the Ripple ruling. Of course, there was no question when he came on the show, I think last week or the week before, because they're clearly and probably Jay doesn't want to answer anything and they're kowtowing to that. So it's pathetic. It is not how a journalist does their job trying to bury a story when the man who filed a lawsuit is sitting right in front of you. Right. And this ruling, we know how huge it is. Members of Congress are using it as a president to push their crypto bills through and much more so pathetic. Jay's a coward. And of course, he doesn't want to talk about it. Pathetic. They won't even ask him the question. It's not like they ask him the question. He's like, you know what? Good for Ripple, but I don't want to talk anymore. You know, it could have been that much. But guess what? No questions. Zero, zero questions. So, you know, there's a big cover up. There's a big Jay is just a coward. Like, don't even ask me that question. So screw Jay Clayton. He's a coward. Let's move ahead. Coinbase launches nonprofit to advance crypto legislation to stand with Crypto Alliance will prioritize supporting and advancing legislation in the US that supports the industry and investors. The stand with Crypto Alliance is something Coinbase obviously is trying to get going and they want you to participate and sign up. This is great, guys. We need need more of this, more advocacy, more education, more getting the word out there so that we can bring more folks together and unite against folks like Gary Gensler and corrupt bureaucrats and regulators like Gary Gensler. So the alliance is a 501 C for organization under the internal revenue service, meaning it is an exempt social welfare group. The current discussion around crypto policy in Washington, D .C., between centralized players and other big groups. Kara Calvert, Coinbase's head of US policy, said Monday during a Twitter Spaces event, but the stand with Crypto Alliance hopes to bring new voices into the picture. Here's a quote. The alliance completely embodies exactly what the crypto industry is all about. Calvert said it's all about decentralized efforts, decentralized power, decentralized access. And that's, I think, really what the stand with crypto movement is about. So this is great. I love it. I wish more crypto companies would unite and do this. And get the once again, the word out there. Education is a big key in D .C., getting our representatives educated about blockchain and crypto. We're seeing more and more bipartisan support for crypto. So our efforts are paying off, but we need to do more, of course. Now, folks, there's some interesting news coming out of Argentina. So pro Bitcoin candidate Triumph sees Bitcoin reach historic high against Argentinian peso. So we got a presidential candidate. I honestly don't know much about this person, but, you know, a lot of people are bullish on this because his name is Javier Mele, if I'm saying that right, won the country's primary presidential race. He's pro Bitcoin. And we know the folks there are dealing with insane inflation. Many have been moving to Bitcoin as a store of value, as well as stable coins. So hopefully, you know, some things could happen here where they can maybe make Bitcoin a legal tender, something along those lines like El Salvador. But there is something else happening in the mix here. So Mele's unexpected triumph is seen as a rejection of Argentina's entrenched political establishment. The pro Bitcoin candidate became anti establishment after proposing the dollarization of the economy and call for the abolishment of the central bank due to the country's economic woes. So they want to certainly use the US dollar over the Argentinian peso. And I don't blame them. So this could be a really big move. And once again, this guy's pro Bitcoin. So let's see where it goes. Moving ahead, new indictment alleges Sam Bankman -Fried gave more than $100 million to politicians. Bankman -Fried and his associates donated across party lines to various candidates and political action committees. Boy, look, I am not a conspiracy theorist, but man, this guy donated a lot of money and it's probably why he's been getting the easy path, right? Being able to stay at home in his parents' house. And obviously recently they were like, no, dude, you're trying to, you know, game the system. He released Caroline Ellison's diary. So witness tampering and all that. And they were like, all right, we're going to put you in jail. So that's a good thing. He's in jail. But look, there are some people saying he could have an Jeffrey Epstein situation, if you know what I mean. And that wouldn't surprise me, folks. This man has a lot of dirt on politicians. He made them all look like fools, right? And that's, I've often talked about it. Optics is a big thing in politics. It's narratives and optics. So right now he's not making a lot of people look good and they want him gone. As you can imagine, like get the hell out of here, whether it be in jail or you know what else. So it looks like they may try to bring back some of the campaigns, finance charges that had been previously dropped, but we shall see what happens. And hopefully, you know, he sits in jail for a long time because he committed the crime folks. He's the one that was committing fraud. He's the one that was okaying funds, leaving FTX and going to Alameda, which was his firm. They were trading that money and losing it. So straight up fraud, as I said earlier in the podcast, he's the Bernie Madoff of crypto. But let's hope justice is served here and we'll follow this as it continues. Now, here's some not so good news. Coindesk lays off 45 % of editorial staff as an eyes deal to sell company. Look, it's not so much that they laid people off, but it's in conjunction with what else has been happening with Digital Currency Group. So Digital Currency Group owns Grayscale, Coindesk, Genesis Trading and much more. And we all know what has been happening with the Genesis Trading and Gemini situation. So Barry Silbert and these guys, it's not looking good. And I would not be invested or involved in anything Digital Currency Group, guys. If you're holding Grayscale shares, just be careful. I don't know what's happening here with this whole parent group and they could be in big trouble. So especially with the Genesis Trading situation and who knows if there's going to be cross contamination, the fact that Genesis Trading is in a hole and they are going to have to pull money and sell Coindesk and all these things, it's just a mess. So I don't think these guys are running the business well. Once again, it doesn't have anything specific to do with the blockchains or the crypto currencies, but rather, you know, the risks that you take and how you run your business. So we shall see. Finally, guys, our partner, Quorium, and I highly recommend you check out this blockchain. It is a third generation blockchain. They announced here new wallet integration. Frontier is now supporting the Quorium mainnet, prioritizing security through real time fraud prevention. It says Frontier Wallet offers a swap aggregator and cross chain bridges, a key partner to manage Quorium assets effectively. So once again, guys, check out Quorium. They're doing some great things and they got a new wallet support here. And I personally hold a Quorium tokens, not financial advice. Please do your own research. As always, don't blindly invest because you hear me holding a token or somebody else, any influencer or any YouTube or a podcast or whatever it may be, always do your research. So definitely check out Quorium. They're doing some great things. All right, folks, that's the news. Let me know what you think. Leave your thoughts and comments below, hit the thumbs up button and leave a five star rating on the podcast platforms. And I'll talk to you all later. Bye.
SI Boxing with Chris Mannix
A highlight from Boxing with Chris Mannix - Anthony Joshua - Dillian Whyte is off
"He'll forget about the video game you gave him on his birthday. Wow! Thanks, Grandpa! But he'll never forget how you invested in his future with the U -Nest app. Wow. Thanks, Grandpa. The U -Nest app makes it easy for grandparents and family friends to give funds to a child's investment account for a limited time. Download the U -Nest app and use the code IHEART50 at sign up to receive a $50 bonus when you fund your account. That's code IHEART50 when you sign up at UNEST .CO for a $50 bonus. See terms and conditions at UNEST .CO. IBM. Let's create. How rude, Tanneritos. A Full House rewatch podcast is here. Join us as hosts Jodie Sweetin and Andrea Barber look back on their journey together as the iconic characters we all love, Stephanie Tanner and Kimmy Gibbler. Here's a quick preview brought to you by the Hyundai Tucson. We spent our entire childhoods on a little show called Full House, playing frenemies but becoming besties whenever the cameras weren't rolling. And now, 35 years later, it's our biggest adventure yet. You can listen to How Rude, Tanneritos on the IHEART radio app or wherever you get your podcasts. Brought to you by the Hyundai Tucson. It's your journey. Just a reminder that you can catch me recording this podcast live on AMP. AMP is the new live radio app that lets you call in and chat with me in person while I'm recording. Get the app on Apple's App Store and make sure you follow me at Chris Mannix to get notified when I go live. This is Boxing with Chris Mannix. Somebody punch him in the face. Anthony Joshua is a composed and ferocious finisher. Watch this. Andy Ruiz is the heavyweight champion. Hosted by SI's Chris Mannix. That was my moment. Now with interviews, analysis and everything going on in the world of boxing. When you have talent, you are given another chance. Here's Chris Mannix. This is Boxing with Chris Mannix, part of the Volume Sports Podcast. Never going to thank you for joining me this week. Thank you for joining me every week. As I've often said, you guys are the best audience in all of combat sports. Those that subscribe, that rate, that review. I thank you. It's the best way to help us grow this show. So it has been a weirdly busy week in boxing. Came into the prep for the show thinking we'd talk about the Jake Paul, Nate Diaz fight. Talk about the Valdez, Navarrete fight. I'm going to do all that. Corey Eardman, BoxingScene .com. He's going to join me to run through all the news of the week in boxing. But in the last couple of days, there have been some developments in the heavyweight division. Dillion White, former world title challenger. He is out of a scheduled fight against Anthony Joshua, testing positive for a banned substance. In his place, Robert Heleneus, another former world title challenger who will step in and face AJ on short notice. Eddie Hearn, Matchroom Boxing. He's going to join me to discuss everything that's happened over the last few days as it relates to AJ and Dillion White. But I want to weigh in on this myself before we get to Corey and to Eddie. Look, I don't want to talk too much about what happened with Dillion White. Largely because I don't know enough. I don't know what substance Dillion White tested positive for. I don't know the amount of the substance in his system. I don't know any reasoning or excuses Dillion White might have for testing positive. So I want to put that on a shelf for a moment and just talk about the replacement. And that is Robert Heleneus. Now, it's not a great fight. Let's be real about that. Robert Heleneus, he's old. He's washed up.
The Rich Eisen Show
"nate" Discussed on The Rich Eisen Show
"Desk right now. Furnished by Granger, which supplies and solutions for every industry Granger is the right product for you. Call click ranger dot com or just stop by. Had a great time hanging with this guy for several hours on the NFL game day morning Super Bowl set on Sunday in Arizona. He nailed the final score. He nailed the winner. He nailed the MVP right down to the dot, he nailed it, stuck the landing, CBS morning's co host, and the NFL today, analyst, as well as an NFL network guy from back in the day on good morning football. One of my favorites and one of yours. Nate burleson back here on the rich eisen show. How are you doing, Nick? I'm good. How you doing? I'm good. I want to ask you about the Super Bowl first, but tell me, tell me your pick 6 numbers. If you don't mind. You got those. I don't want to give everybody else a clue to what's coming. So I'll just shoot you a text. Yeah, yeah. And throw the Powerball in just in case I want to do that one too. I got you, my brother. I got you. My gosh. Nate? And the funny thing is, is that you gave Patrick Mahomes the MVP and we were going to do that a segment later in the commercial break, you're like, yeah, I gave you the MVP too early. I'm like, I don't worry about it. You nailed it all. My goodness. Yeah. I remember you looking at it, like, oh, I don't worry about it. We'll get to that segment in just a bit. But I felt compelled in that moment. It's funny because people kept asking me, or they keep asking me, you know, how did that come up with this formula? Did I pull it out of my, you know what? Or was it something I actually thought about? And it is something I thought about. You know, I was convinced that there would be some creative play caller. You know, I called for four plus trick plays. Didn't necessarily get that, but I just knew that Andy Reid was going to try to do whatever he can to help alleviate some of the pressure from Patrick Mahomes in that offense. And with the receivers being banged up, that just made sense. So it becomes a Patrick Mahomes. Think about offensively, okay? Right. Unless there's a wide receiver running back that has just an explosion, it's most likely going to go through the quarterback. And I know that there's a couple of defenders that could possibly get that award in that game. But for me, the QB is usually the favorite. Now, when it comes to the score, I don't want to give away all of the ways that I break down the scores per week because let's just call it what it is. On a weekly basis, I'm not going to give you that 100% of the time. But it's simple. It's not going to be a low scoring game. So I'm going to eliminate anything from 7 to ten. And then from ten to 20, I do believe that these teams are more explosive than that. Now we're talking 20 to 30. That's usually the sweet spot. Everybody's like, oh, 24 to 21, 28 to 24. That was mine. 20, 24 is mine, yeah. And then from there, I have to figure out if this is going to be a 50 point game by either one of the squads, no 40 point game. That's going to be tough to do with these defenses. Now we have to land in the range that I thought it was going to be 38 35, excluding PAT field goals and maybe even some safeties. I had to figure out the exact sweet spot and that's what I landed on. So it's more to just be saying, oh, this is a random score. I'm thinking about. And that's why I landed. And I'm sure Nate, we share this in common, which is not only trying to be accurate and entertaining in your on air style as well as information dispensing. But maybe most importantly you want to be right. So at what point in the game did you realize the score was materializing in such a way that you could be exactly right Nate at what point of Super Bowl 57 to that dawn upon you? On Sunday. The entire time, I thought that one of your predictions was going to come through. And that is that this is going to be the first double overtime game all I could think about. I just kept thinking about it. I was like, no, we're just going to be right. Back and forth back and forth like a tennis match. And boom. Yeah. Right before that flag on Bradbury, holding juju, that's when I thought, oh, this is going to be my score. But up until that point, I thought that you were right, man. I thought we were headed for an epic overtime Super Bowl here. Now that's in bringing up the Bradbury hold. There's lots to talk about that. Nate barrels in here on the rich eisen show. Let's talk about the James Bradbury hold. Nate, did you like the call? Did you think it should have been called? Not called what's your two cents on that subject matter? It's a hold. It was the right call. And I don't like to call. Now, both things can be true. I would say you have to call that because in that moment, if I'm a receiver, I'm trying to get open and there's a clear graph. This wasn't tic tac. This is a clear grab of the Jersey. And we know ten times out of ten, you see that Jersey pool, you're going to get that flag thrown. Now, the reason I don't like it is because having a flag like that and then the last second field go great for the Kansas City Chiefs and all the fans. Yes, of course. But it's almost like an NBA Finals. Ending on a free throw. And I think that's why it lets people uneasy. Because it's like, all right, man, we could have just watched this going to overtime or at
The Podcast On Podcasting
"nate" Discussed on The Podcast On Podcasting
"So you're going to get $2 if you're at a hundred instead of a thousand. And if you were at 3000, then you would get 60 bucks in that case, right? I have always believed that this is the most shitty way to try to make money through a podcast as CPM. But it's the way that people teach you and tell you, and it's one of the reasons why a lot of people say don't even try to monetize and tell you have 30,000 downloads per episode because then you're getting 30 times 20, that's 600 bucks. And then they're thinking this is when you're starting to be value. And so the listener and you remember how we say listener, there's one person listening. The listener today and you might be thinking, I want to monetize. And the most natural normal thing that you might have heard is CPM. And so you're going to reach out to people and the best you're going to make on your podcast is 20 bucks in an episode. And that's going to be frustrating for you. You're not going to like it. You're going to feel like, what's the point? I spend more time having this advertiser, this sponsor, and so I'm making like 5 bucks an hour below minimum wage. By trying to get this person. What's the point of having them? So the way to fix it, the different way to do it is for you to reach out to people. You reach out to them. Instead of having them reach out to you, you controlling the price and not basing it on C, P, M, in fact, after this episode Nate, I'm probably going to record that solo episode and it's going to focus on the difference between CPM and the regular model. And you can definitely listen to that yourself. And I encourage the listener to not go anywhere, but to stay on the podcast and listen to that episode because you're leaving money on the table if you don't.
The Podcast On Podcasting
"nate" Discussed on The Podcast On Podcasting
"So we may as well be on there, but when I grow my podcast or our client's podcast, we focus on the audio experience. So a little over a hundred lately, it's got to be averaging more than a 150, I think, to have 50,000 with 300 and some odd episodes, but would you want me to share my screen? You can definitely share your screen and it won't matter for the listener so much, but I'll check it out and share what we're looking at. Okay. You can do that. And then they have this new metric on there that IAB versus the unique. So I guess those are unique numbers too. So Nate has pulled up his screen. We've got the numbers in front of us now. And I'm just going to share a little bit about what we are seeing. And one of the things that is slightly concerning just slightly is that your numbers are going a little bit down just the last month ish. So if I'm looking in May and March April May, you're always averaging pretty close to a 150. There's a couple months above a couple months below, but it's pretty close to one 50. And then if we go to June and July and August, now it's pretty close to one ten. And then if we go to more recent, we're recording this in actually technically in November now. But you're probably now averaging like 60 or something. So Nate, this is what I do with clients also is I try to find out why did it go down? Like what made it change if you were getting a 150, 160, and then a 110 120, and now 40, 50, 60, 70. I want to find out what's different about it. So can I actually play an excerpt of your podcast for the listener? And we can talk a little bit about it.
The Podcast On Podcasting
"nate" Discussed on The Podcast On Podcasting
"Joined with the host Nate Bailey of championship leadership with Nate Bailey. And his podcast is really crushing it. He's done over 300 episodes. And a little bit ago, I offered to you the listener and I put it on Facebook as well. Any one who wants just a free coaching call that we can record and it becomes an episode. And generally speaking, these are your favorite episodes because I get to pour into you while I'm pouring into them and generally they're going to ask the same questions that are on your mind. And so let's just dive in with Nate Bailey from championship leadership. That link is already in the show notes. His bios in the show notes. So go ahead and grab that. Nate, welcome to show man. Thank you. Appreciate it. Yeah, thanks for having me on to help me out here a little bit. Yeah, thrilled. And it'll help out our listener as well. And well, it sounded like you had one, two or three questions kind of lined up that you wanted to ask. So let's just start with the first one. Yeah, okay, well, I guess one of the big ones would be I've been doing this as you can see over 300 episodes and running and I've been pretty consistent with it. Had some great guests on from a business standpoint. I've definitely gotten some business from it. Just the other day from a guest, I almost didn't even remember. I got an email and said, hey, would you be open to some executive coaching with this guy that's looking for a coach? And I'm like, yeah, so long play, right? It helps people check you out, credibility, authority experience, all that. But I always, I don't know, it's always something that I feel like sometimes people are afraid to even admit because you don't think it's necessarily possible. But would love to be able to generate some revenue from my podcast and almost don't really even know where to go or to start or to begin with.
The Grid
"nate" Discussed on The Grid
"But I gotta switch it on. I told you a few months ago that there were some very exciting reasons 5 and especially busy lately, well, one such reason is that I'm coming out with chess queens. It's a totally updated and revised version of my previous book on women and chaz, right now, orders are my love language. With that in mind, let's get into this episode's special guest. Hello, everyone. Welcome back to the grid. I am super excited to invite Nate salon. He is a chess master, a data scientist, a writer. He's actually author of a new book. How will evaluate like a grandmaster and also the popular blog? This is the grid, so trevino surprised you that he's also a poker player. In fact, he played professionally for 7 years. And today, Nate is going to bring us a hand from a private game, which ties into a lot of themes of people who are talking about today in both chess and poker. Me,
Seek Outside Podcast
"nate" Discussed on Seek Outside Podcast
"White and too. Yeah. Nice. Wait. Well, cool, man. Well, let's get going here. So we got Nate Roman. And he is from the fish brain. Nate, why don't you give us a little quick introduction of who you are and what you do over there. Yeah, absolutely. And thanks, Ryan. Thanks, Owen for having me on. Really excited to talk with both of you guys. But my name is Nate Roman. I'm a partnerships manager at fish brain. Fish brain is the world's most popular app for people who love fishing. So it's like a social network for people who love fishing and also a great way to find new fishing spots and find cool ways to go fishing in your area. So it's more than 15 million people have downloaded it now. Super popular app across the world, especially here in the U.S.. And I get the awesome role of working with a lot of our partners across conservation across state agencies and meeting a lot of really cool people in the fishing industry here. So I'm excited to be on the podcast and really appreciate you guys having me on. Yeah. Yeah, no problem, man. It's funny that for the folks who don't know. Fish brain, I guess, the corporation reached out to us via you guys public representation firm. Which I got to be honest, I thought it was a scam at first. And I was like, there's no way there's it was funny because me and me and Owen was not a fisherman for a long time. I've kind of fished for my whole life, but Owen just kind of got into it last year. And it's all I do. All he does now. Yeah. That's awesome. The dream life. Oh yeah. But I feel like last year, when you first started, you got on fish brain. And he'd come to me and he'd be like, dude, did you know that there's large mouth bass in the canal? Behind the house here? I was like, no, no way, no way. But I feel like as.
Dateable Podcast
"nate" Discussed on Dateable Podcast
"Going to go beyond dating. I would say what do you think about since. We're talking about early stage dating. How do we set the tone for revealing and basically setting boundaries in some ways and talking about your needs without stripping the romance out of a relationship. Or how do you infuse of romance back once you start having these conversations. I think it's finding the other side of revealing because what nate's describing is essential being able to name with your partner the teeny tiny things that if they go unspoken could actually drive you apart but the other side of revealing is knowing each other more deeply and there's something really intimate and really attractive about getting to know someone at that next level and so this could be anything from. What's something that you dream about that you were. You may never get to experience. In in that conversation you got fears and vulnerability and dreams altogether and that closeness is really powerful and so using revealing as a space where it's actually quite intimate that i think starts to make sure that it doesn't become now. I'm going to nitpick you but rather here's who i really am. And who are you. So it's a combination of. Hey i really do not like dirty socks on the floor to my dream vacation. Let's start working towards that. So you've gotta balance the domestic with the sexy dreams. I think there's also a way of revealing that will lead to a helpful response by your partner and a way of revealing. That will lead to an unhelpful response and really has to do with your motivation or the sort of underlying energy of the reveal so it comes purely from resentment anger and and a place of criticism. Your partner is going to mirror that back to you whereas if you can do this kind of jedi mind trick and you can reveal your complaints from a place of radical generosity. Which i know sounds crazy but it's possible. I do it all the time win. You're able to do that all of a sudden you get a very different response because it's coming from a place of. Hey i love you. I want this to work and when you leave your socks in front of my drawers is just. It's really hard for me. I feel really frustrated. Yeah the example. That just happened. That i thought was so powerful is with a couple and they had really different preferences about what happened with the phone at dinner and partner. One said that they were like w with your phone. Surprisingly the partners like f you with your phone and instead i was like all right. Let's try this conversation again. Why does this matter to you and the person said anytime. Your phone comes out. It feels like. I'm not important to you because so little time where it's just the two of us. I want you to be the most important person in my world in that moment. And i want to be the most important person in your world in that moment. Totally different conversation with totally different results. Yeah i love that like thinking that your partner has your best interests than they are. They are because they love you and they want to be there. I think that's a good way to lead. I guess where. I struggle a little especially with early stage. I'm going to go back. Here is sometimes at that stage. You don't know where you stand with someone. So how can you lead with generosity and want to assume the best resources you know. Set yourself up for a bad situation. How do you balance the two. It's a great question. And i think early stage in some ways. What you're noticing is how does your partner meet you and how does your partner reciprocate that. You take a little risk in a little risk in a little risk and as your partner takes.
Dateable Podcast
"nate" Discussed on Dateable Podcast
"I assume or is there a way to turn it around. I guess that's the question right. It could be either one so if you're in a relationship where it feels like you are being taken advantage of or where it feels like you've tried to have the conversation and it's not shifting. That might be a moment where you say. Perhaps this isn't a person with whom. I'm going to take that next step if however you are already committed or you're really interested in stretching yourself in growing it's a great inquiry to wonder. How am i setting it up. So i'm the person who's doing it all and it's in some ways difficult. Look in the mirror. I was that person where i was doing everything and then i would just resent nate and i got a little adrenaline boost of. I'm responsible and i do everything. You're such a slacker. And i was mad. And i complained and i also was controlling and seated no responsibility and so with that trick. You look in the mirror. I could see. I've set it up this way. Yes yes what am i. Willing to risk to have nate. Be the partner that i'm most what i can really relate to that because i think i've bid that person in past relationships an ivy guy even said to you a like i think it comes down to trust like i don't trust people in you like have that sense of control and it's been like a work to try to relinquish that trust. I've definitely seen a show up different in my current relationship. Like how do people start to like relinquish control. And is i think part of it's like if i don't do it. What if it doesn't happen at all in my expectations are met. I would encourage folks who relate. You need to start with things. That aren't the end of the world. So i might start with something where i say it's okay if the meal isn't perfect or it's okay if the date is great and not amazing or it's okay if whatever..
Desperate Pastor Podcast
"nate" Discussed on Desperate Pastor Podcast
"Right. He's like earth. It's almost got me was if a plane on the board. Oh you didn't know that going in. He saw it in my eyes because yes that's about the right like whatever country of residence there. I'm like survivor you idiot. I should have said like a plane from the united states then it. Oh well that's good there you go. Andy emmy theological articles. I remember last season. We had one of those days. Where was kind of like mid kovin where like It was just just laughing chill and so if an electric train is headed west. It doesn't have smoke. thanks joe. i'm cute in now. You have to catch me when. I'm not like not good at riddles. That would be a fun game. I enjoy riddles. I could tell he was a little more geared up for that lots of. I'm just kind of like i want factual i got one that no one ever gets. Okay what can go up. A chimney dow but can't go down a chimney up and you won't get it and everyone says smoking. It's like that doesn't make any sense. Let's just leave it. Let's not answer a good idea because can't google. You're not allowed to google. If you're out there google lean. Don't do that. So what can go up a chimney down but can't go down and watch your mouth guys. Just you know real liberal all right. I think we should leave it hanging share. Don't try to answer me. I know the answer them down. But i don't want to answer it on the i had. We'll talk about it afterwards. It'll be on the after show for the real ones ever should by your membership today. It's fifty thousand dollars a year so and we've got zero. We're not sure whether or not selling very well so that little word changes at the moment the whole thing. There's a whole extended version is part of the song. And i did our intro with it. But i'm playing it now as our altro underneath everything so all right next time. We're nine hundred. We're talking about because we never know what we're talking about we'll be hopefully relevant to Something's going on in the church in our lives and Glad you guys are part of this conversation and hopefully you smile today and tell somebody about the podcast that shared out we blew. Thanks dave thanks deb. For many things apologize that we couldn't do the she's like rotary phone. I've said he supposed to show you a picture of room. I would've gotten some dabs. You would have gotten them It would be hard to do that on a pocket we didn't. We should do those. But we should blindfold mike now. What is this. I don't know it gets and still get all right well until next time. Keep on keeping on that. What they say. Just do what you do something about that. All right we'll send dander..
Desperate Pastor Podcast
"nate" Discussed on Desperate Pastor Podcast
"That's when a war happened. Maybe not that same. Just kidding you can write whatever you want you can be right now. The date and you have no idea. What year was harper. Lee's to kill a mockingbird and what do you have nineteen o nine before they even used to type just getting what you have fifty four fifty four nineteen sixty sixty. I read that in school once and never read it again. Dave loves it. It's a raise. Dave who is the main character in the lord of the rings books. The rain mr ring trying to find one more good like pop culture one because if we gotta be done thank you for listening all the way to this point. If you've got this far you haven't like zoned out. This is going to be a new thing. We're going to do it several pockets. It's called trivia. With with nate mike. Yeah i'm so sick as this is seen from your background. Isn't this like like people that you're star wars right this. I really wasn't supposed to watch these in college. But i know it's like it's the habit dude. What's his name he put put but you he broke gandalf. I did writing for what's his last name for Hang on frodo. I had it as soon as you write it down. Hill know it. yeah. I wrote it down. He doesn't do it he he did. Not tell the truth baggins. Yeah yeah so. Who's bilbo see like related. Somehow i don't even follow it so when i came to the church the couple families that had kids in the group back. Then they're then they're still around but the parents like they were obsessed with them to the point. Where like when one of the movies came out. They went to see it in the theater. And because one of the characters gandalf comes riding in on some kind of and it's an elk or something something like in the up and left the movie theater. That's they're not like they were. They're obsessed with those books. So i never knew about him growing up it part of our probably because my parents were like fantasy is evil. You know it's just because it's a christian undertones. It doesn't matter which is the argument to have at some point by the way. I love that one like you cannot watch any kind of fantasy movie but that was us but then the lord of the rings is like dragons. Serie harry potter's evil and this is holy all right so let me give you a couple of this. This is just for you nate. These are going to be just in your question. Do you know who wrote. But the lord of the rings gera- token okay. I didn't know that. Jr tolkien's or so these are all is some superhero pop. Culture will end with these. Okay and i feel like the superheroes right up your alley hero. Just a superhero. What is batmans real name. I think my brain is fried. This i thought you knew these. Do bobby jack. Joe bobby joe. Tim allen i think what do you got bruce wayne bruce way nice job you can give them a point for that for real though. My brain just went blank. Yes who is spider-man's main love interest that. Yeah bruce way mary jane. Yup mary jane who is the first female member of the justice society which eventually became the justice league. Espn watching those This is this is not cool. But i don't even know fans of this not even sure what. Where's the marvel. Questions wonder woman is correctly inch. These are more relevant for me. No figured we'll end on an up note last one what caused the joker to transform into the iconic villain. He is today you that were alive when jack nicholson played this character. The will they get a load of me. You know what happened to him filial too toxic waste he got it right and mike psychotic. Yeah nice find. Yeah let's get that countless up real quick. Not hard actually. Wouldn't you through in those last three lob talk. You're welcome thirteen so yeah ted. He had he had all the bruce wayne. I'm saying so. He had ten of the non lob nine because he got he got joker. Mary jane bruce wayne and wonder what he's gotta make sure he got thirteen. I had generously. I had twenty eight johnny online. Give myself points. I'll look at heavy so humble so humble kidding it was fun. Listen my brain is fried. I think now that people know where his strengths and weaknesses are. We should have listener submission. That'd be great for topics quiz amman. Yeah yeah even just say the whole quiz thing. It'd be fun trivia time and and if not for them for us we good time asking questions and kind of learning more about each other and that's kind of the point of this too is not just to be like Nate doesn't know but music and references or if he doesn't know that a rooster best content is a stupid question. Great question it great question because it's so obvious that it makes it hard because i was like i'm ready for this right. I wonder right. France and like can't be a trick question.
Desperate Pastor Podcast
"nate" Discussed on Desperate Pastor Podcast
"I wouldn't be allowed to go home if i watched spongebob. And my wife neighborhoods something now and now erased it. Because even when i was in like ministry those that group originally like ten years ago they loved it would always be on things and then my kids back in the little bit. I like it. What do you have for that answer. Pineapple ville keeping bottom. Who you didn't know that. I thought that was going to be like a tee up for you. I was allowed to watch month probably on a banned list although my wife loved spongebob so never seen it. Oh it's great you've never seen had it honestly is like if you gotta like slapstick movies like stupid humor. I enjoyed that. And that's what it is. It's like if he was a human you'd want to kill them. I'm a lot more squidward than i am. Spongebob or you get find more with woodward all right what were the names of the parents on the simpsons. This is definitely not allowed to be watched. My parents watch this. When i was a kid. Have you ever seen the simpsons. Nate man but it should be like they should know that homer and marge joe and cannot show and karen son's name that's a culture that's bad that's probably what is yeah. Eat my shorts cowabunga. Oh man aclu bart simpson really. I like i. Don't i don't know this is appropriate. But my favorite character on the simpsons of all time was the grandpa followed by the janitor the scottish janitor watching in the show. I don't even know seen in years. I mean thirty. it's crazy. Who was the voice of buzz. Light year in toy story. Buzz grant this one grant. Who came up with these. I am if i see bobby joe on that these these are getting. These are being fair. These are they're still relevant. One just came. I get the relevant it. Also there's also the star of last man standing also also the star of improvement. Now all of shows that have been around. Since you've been here what did you write for you. Steve harvey on every show. Anyway i don't think is what your answer. I wrote micro mu- the jobs it's tim allen allen. Yes okay. I get them mixed up okay. You give micro. And tim allen allen yes. Because i don't know i just see micro on home. Improvement is just what i see so so was the name of. Where does buddies human father work in the movie l. o. you've seen alfred. Yeah okay. I'm trying to.
Desperate Pastor Podcast
"nate" Discussed on Desperate Pastor Podcast
"Both thinking one is writing. One is not writing. I'm answering this one on my own. Because i think i know the answer to this. He didn't give us any answers by the way. That's check my safeties here. He wrote grant just make all right. So michael looks a little stumped on this one. i think i have the answer to this one. He said you both Winstone i don't i don't know either i think it's based on the honeymooners. Oh the honeymoon. Is i do okay right. I've heard that in the past. I didn't know that my mind. I'm like was there another cartoon that came before. Oh like a yeah. Like as i was fred when he was younger than he moonlighted. Check my basis. Let me just put this right me to both did it. We both got that wrong. Who is fonzie. I know this Hey i just need a minute. Yeah you to snickers spelled the last name wrong. Tell me who he is. What context do you know him. Let us know. Why is you're listening. If there's oldest if there are things that stump you like. I thought i knew that one. Or maybe we got an answer on. Maybe the flintstone thing wasn't right. That's what i think. The answer is i'm telling you i want more than seventeen. I think you should just look up more jimmy after this we can fill until we hit fifty minutes. We're we're we're at thirty already okay. Nate is absolutely right. A book on his drawn a blank. I know this show. And i'm drawing a blank on the name. Well what's myself. I'm trying to of the guy's name in real life because he still relevant. And i was making me mad that i can't give israel new. You're giving away the context in my really all right. So who is fonzie nate. Who do you have. Who is okay. Plays in the one like the one tv show. And i know in the beginning. He kicks the side of the coke machine. He wears jacket. That's all i host a telephone right there as arthur funds a really. He's a character and happy days. It is happy kicks the jukebox. Okay i was play. I was close machine. Although he may like in an episode that was his thing he would hit something and it would do whatever it possible. But i was one episode where they didn't they pilot people to phone booth an episode. I watched anyway episode. My fa- my favorite one is where he jumped his bike. Yes well you know that. That's so that's called jumping the shark and so people say for happy days that was when that show became like it it was no longer happy days was no longer worth watching the jump. The shark that's why they use that phrase. If there's a tv show that you watch that's where it comes is that tv show jumped the shark. It is it's no longer like. It's i think you'd get that. I think you got it. That's good we just enjoy the you could tell you work together i think don't you think that's not. I know who he is. Life of me. I cannot remember how happy days the coke machine the ed leather jacket. Famous catchphrase told me now. That's the true if you told him you would know. Hey can call that a catch things this thing and then if they said like if he was wrong he could never say i was. You couldn't say that he was wrong. You know like you pretty much. If you tell me. I'll know the answer to that is the truth. You right the answer on my board all right all right here. If a rooster laden on the roof of a house in the peak of a hen house depending on which which side of the house would it roll down. These are from dave. I could tell this one should be right up. Nate sallie right. Wouldn't have roosters. We got that one i got. I was writing before you were done. But if the rooster resilient europe starting to things what city. You're up to four by the way it's good. I'm rolling what city was rocky balboa from and what was the name of his turtles and dog wow that's a lot i'm gonna be one short turtles yes. I can't think of dog disappointing. How many points is worth. Is it worth four. Can't remember you gotta know. The movie didn't know the turtles you'd never get it. I'd never watched movies. I can think of the scene then an apartment. And he's looking at tells her well. I came into that whole franchise in at the russian american. Like there's a four. That's when i came in actually announce second-guessed. I know the one is for sure right but now okay. Okay so we have. The question is what city was rocky bubba from and what was the name of his turtle's dog named you got does nate now chicago. That's a long run. Oh you ran up the steps philadelphia library capital. Whatever whatever it was. And what were the name of his turtles and doug Speedy gel. that's the second time he used joe. And this dog's name was missy missing link cuffing lane turtles link where the turtles that's the first of the dog b. b. as in way bozo it it was. It's a famous last name of a famous. Nfl player that one but kiss but kiss cover. Not t just one t. So i got three. I got your. That's like a famous turtles leak. I mean you so you never went back and once i tried and for me so it's rocky for rocky for i one. I saw three with thunderlips. And yeah. I saw that. I didn't see one or two i got. I got him all the flashbacks newer movies. Yes but you didn't watch the first. They're great. I mean i no. I would Rocky one and two like their iconic. Great movies oriented amazing. Did you know that like he was like nothing. Like it was like his whole life was in that script and then you look at what it bec- it's crazy so the next question. What is the seventies fad called where people had rocks as.
Desperate Pastor Podcast
"nate" Discussed on Desperate Pastor Podcast
"Made us thinking. Roy is hoping for the best actually feel somewhat calloway. He's got zero. Let me keep thank you very much. He's keeping score over there for you right king of rock and roll. Who isn't nate elvis. Elvis i'll look at that nice job elvis presley to last name. I was lucky if i remember his first name. I heard I think it was a tic tac that his hair was actually not naturally dark that he would use shoe polish that same name to members of the beatles the guy with the big antennas and the guy with an extra leg could so it's not that one bonus point. Do we know who the beatles are idea. Okay writing down some names. He's naming his friends. I was enjoy doing so. I'm confident you know. We have the beatles music sensation in the united states. where were they from. where were they from. Where their flowness. Yeah where were they from. Write that down where the beatles from a broader okay. This rate twenty racing. Don't hold on hold on miami. Come on. I feel a little bit better now. I think about it. He wrote miami. I want to know what is practices where people say a word and you write down the first thing you can pretty much. That's what it seems. Like after i started thinking further last names there all right. So tell us mike where. What are the names of the beatles. John paul ringo george lennon mccartney starr harrison are the last names from liverpool england england. London he wrote. Bobby bobby bobby jo. And originally he ran. I had miami. Then i did remember that. They are from europe the year up or whatever over there the other side of the pond. I mean the thing is with that one. Don't get mad at me. Because i know you're going to get defensive but they are arguably the most famous doesn't matter their way before my time to come out. I know i have you heard of the beatles. Yeah i know name. A beatles song famous movie that came out a couple years ago that i liked. I didn't want really like our q. It's really worth wakes up. Yeah well ashish is what he thinks. He knows all the songs people don't know they never existed world. It's really good. I wanna see. I've watched we watched the other night. I mean here's a called yesterday. Here's the thing to do. You know any songs that the beatles route no probably recognize one or two. But i mean this is really good. Movie called yesterday about the beatles songs at the bills. No there's a movie about them called yesterday. It's about the people seem. So what am i. P and repeat fell off. Who was left crazy about that. It'll be like i'm not even a big bills right like i assessed. Just i like the biggest hits. Sure i know in there But i'm never been a beatles fan. I've got friends my age. That are obsessed with the beatles like high school all through like every generation. But i didn't get it. Yeah then i didn't either. Fortunately or fortunately my mom was very manilow fan. I guess. very low and What's the other guy. That did the jazz singer neil diamond. That was yeah. Carlton pretty much. That's tom jones. I got it but anyway So did you know. Neil diamond or marry mandala. No copacabana now. It's not an american bandstand. Non anyway all right number. Whatever it is. Who is buried in grant's tomb. It's very big is it. Who's buried in. Grant's to spelling. Maybe off mine. All right you got an answer. Great skip jeopardy. They don't know when you're talking about his last name in the union. Your i'm asking the questions. You're giving the answers. Isn't it like Is this like from history. I don't keep asking questions making grants to the question. Who was buried in grants to lead a grant be correct. Were specifically listen. I ain't gonna try and spell that almost road the spelling of you throw. Us grants okay. But can you look up the spelling. And let's you try to spell real quick ulysses i did. Okay you try to loosen ulysses just all these different I'm going to spell it. What do you got here. let's see how many cues q. In there you know no in the kitchen nine. Let's see you l. i. s. What do you got. I you l. y. As as es is there is right de. It doesn't even look right when you look at house. The indigo u. l. y. s. as es lychees. Name your next kid. The how is the. I don't have any idea the long colonel a spell. Colonel colonel doesn't make any sense. Do you smoke kernel. We wanna tell people on the thing probably not. How do you spell colonel. That's weird. I spell on a weekly basis. What it looks like about in the army right. Yeah so soon colonel. Looks like a colon. Yeah he's surprise he's the l. c. o. l. o. l. Colonel the question that he looked at me like you idiot and then you look at. It was like yeah i. I are at for sounded like jonah hill care. I actually do read. And i'm not. I'm i know things i like. I read but i don't know on it wasn't there's times when i'll play trivia with people for the first time they'll be like you. How do you know they just assume stupid. Oh i hear the voicemails coming into right now. Vinnie bagayoko butts that guy on trivia bagel trivia. Oh i got this thomas all right here we go. This is a cultural question that you may not get. This was before time right. Are we giving him grant ever given up again. That was good. That was good too good. That's good how many lakes to get to the center of a tootsie. Roll tootsie pop. I thought that was never answered. The gets the reference. So did you hear that idea. There's an owl. there is how that's interesting that's good. That's that's good. They're frantically boy. I would agree with that answer. That's where i would go. Nate what's your answer. One thousand three hundred six if you remember the commercials. He's he's like mr al. How many licks center of cpap. I would erode that. I know the commercial asking for three. It's never mind that's a dumb question. Or maybe the was that the i think it's i think it's i think it's one to crunch three is what i think you should say..
The Dental Hacks Podcast
"nate" Discussed on The Dental Hacks Podcast
"System. So what do you think so. It's funny because we we started. We actually have some tested for bulky like if you go to their website. The product testing What we did was. We looked at the Underneath the class to box like if we did a plastic boss. The bulk easier. If we did it with a incrementally place composite Do staining see if we got standing underneath the box. Because you're doing like a six hundred meter depth care with that stuff and we didn't see any more staining with The bulky easy than we did with incremental placement. We haven't looked at mechanical properties like where I've used i've used both easy. I like bo. He's there's a period of time. Where i was buying where we were getting kinda donated. Because we're doing research. But then i'd go take that extra in these clinics. I did a lot of bulky restorations on. The thing that i think is cool about. I mean the disadvantage always was something this bolt fill in that big about phil mind shrinkage. I'm thinking about man. That's a big mess shrinking. But i guess the idea is supposed to be that you place you place slowly in the bottom of the box in securing their fast as it starts turning pretty rapidly and so then. It's shrinking at the bottom of the box. I so it's drinking towards the box where you don't want it to pull away from. And that was kind of their their concept in. You know. I don't mean i don't use them regular like my go-to composite because it's a flow of open. Pies's hard to manipulate. Their clues will surface but got something. This really huge. I could you know that. I'm almost wondering this almost just like a buildup I'll sometimes we'll use like the that of material like the dual cure bowl fill materials like like bulk easy And i you know can i do. I think it's going to have a little more shrinkage. Maybe than incrementally placed composite. Maybe but But i do think that there is maybe something to that. That will cure mechanism of. You've got the thing. The other thing is i see a lot of people get it. They fill up to the top of the mmediately curate. You got that ninety seconds were you. You're supposed to let itself cure in order to get the yano. May maybe cheering towards the the box. See i guess i don't. I used to be a military to talk about a decent amount of haven't done as many of them recently for whatever reason but i don't think against actually Why won't talk about this. I'm not for sure about this. I think they desert Breakage research on it too doesn't shrink as bad as you think. But i can't quote it so that's okay. Well all right kevin. I think that Wraps up our origin story in a little fuel. Sort of as so there you go kevin anything else. You got for nate here this week. Long get your question. Yeah i'm satisfied. You're said that's that's that's really what it's all about joining us nate. You'll be urine. Nate more next weekend we can talk into maybe even the week after that. So for nate lawson for kevin friar this zach miners. We thank you for listening. They'll get to check us out on with page.
SI Media Podcast
"nate" Discussed on SI Media Podcast
"Great show this week to guests. I up nate burleson from good morning football departing. That show you follow me on twitter and retrieve a big fan of good morning. Football had been since day. One nate leaving to go to. Cbs to co host their morning. Show cbs this morning and he talks about the decision to leave. Good morning football join cbs. What is ultimately goals are got into The nickelodeon broadcasts that he did that was a smash hit. Nfl pledge year and nato's a tremendous jay z. Impersonation during the podcast as well following nate james andrew miller author writer. reporter discusses Espn what's going on with the peyton. Manning eli manning show who's going to be the host Talks about max kellerman leaving. I take and then we get into some curb your enthusiasm stuff and a little chat about the sopranos prequel curb and the sopranos movie both coming out in october before we get nate james andrew miller just a reminder if you miss any previous episodes please go to the archives. Check them out. Joe buck was on the show last week. Roman reigns crisanto russo. Two weeks ago. I in eagle three weeks ago. Bryan curtis from the ringer four weeks ago. All those podcast in the archives if you can subscribe that helps tremendously and rate and review. I'm going to start reading reviews on the pod every week during the train of thought segment which we also have following nate and james andrew miller. We do train of thought. Sal licata talk about hard knocks summer slam and This guy suing nirvana who on the cover of their nevermind album. So big show. Let's get right to it right now. With nate burleson. Right joining me now. I'm a sad about this but happy for him because he's leaving my favorite morning show. Good morning football going on to the cbs morning. Show cbs this morning. Nate burleson has been on the pod. Many times nate congrats. How you doing. I'm good i'm good. I appreciate your having the on the part again jay. Thank you so much. Yeah it's it's it's joyous but also somewhat sad week for me you know. I'm moving on to another job. But i'm leaving my crew. I said it on the show. It's it's the longest team that i've ever been a part of the most i've ever spent on one team from football. Perspective is for years so five years with k. colin peter and everybody else behind the scenes. it's it's a little sad is coming to an end for me..
The Doomer Bloomer Podcast
"nate" Discussed on The Doomer Bloomer Podcast
"In the storms sickly before they happen or as they're happening rather than just being victim to them that's where a true taoist master resides and I i'm definitely falling short of that right now. In my in my life Do the best. Doing the best with what i've given what i'm got. I'm working with But you know. I'm still i'm still here. I'm still still podcasting in ultimately it's what. I really enjoyed doing talking to people like you make So bankruptcy so you treat. Failure as a baptism marker for starting over What like what advice would you give for for someone who is as far down as you were and wanting to pursue a similar path like from where you were fifteen years ago that version of nate to the to the transitional period up to kind of where you are now like we're always i call it progress not perfection or always works of works in progress. You know the like like as bitching earlier that the earlier part of the story. The the first time i had success was with just doing the meditation practice daily and that that would be the advice i give is is similar to what i did. I threw out all the goal setting all the affirmations. I mean if they work for you then there you go. I mean the last thing i ever want to do is tell someone to stop something. That's working really well for them if they figure that out. So i'm just saying from my perspective here but I threw all that stuff out. And i just focused on working with the energy my body and i i guess i wasn't. I didn't really put into words at the time. But what i was doing was i was working on the energy my body and then as result the whatever success i was hoping for would take care of itself in the way that was supposed to happen for me and it would happen on the time line..
Gangland Wire
"nate" Discussed on Gangland Wire
"You are listening to gangland wire hosted by former kansas city. Police intelligence unit. Detective jerry jenkins welcome wire-tappers out there back here in the studio gangland wire. I have on the line here. my friend. nate hanley is a canadian. True crime writer. You may see you on my facebook. Page all riposte. Some of his stuff every once in a while he's been on the show before he's I was boy on a bicycle about a murder. Canadian murder We did lucky luciano on the night of the sicilian vespers which is kind of like the the what would you call that the Starting story of the modern modern mafia guess would be There's a better word for that. Like the genesis of the modern mafia. Maybe so welcome nate nate. I understand i understand. You re released your book. On dutch schultz the beer baron of new york or the brazen beer baron of new york scarred And an e book which it had been an e book before jack. Well it has been. There's sort of this is the original. An pat strange speaking of genesis. It had originally been published in two thousand five l. stewed publishing and they said they went out of business. It was republished by a company called five rivers and now it's being published as an e book by done during press in.