40 Burst results for "Orange"
A highlight from Bitcoin Bull Market & Beginner Q&A with Tone Vays, D++, and Ant - November 14th, 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. Good morning. What is up, you Cafe Bitcoiners? What up? Hey, Alex, can you hear me? Yeah, man. Damn, the service is amazing. It's fantastic. I was going to have you co -host today, but if you have terrible interwebs, then we'll have to do it again a different time. Yeah, I'm sitting solid right now, but it's my last day in El Salvador, so it's touch and go, but it feels good right now. It feels real good. I people hear laughing and enjoying themselves in the background. Man. Yeah, that's Blake just got out of the surf, and now the homie Paul's taking my fish out, got a session in. I mean, this place is next level, but don't come here, the surf sucks. How you been, man? How's everyone doing? I know I've been off for a little bit, but keeping track of everything and saw that the SEC got dealt another, what looks like a little legal blow. Their legal department is, are they even batting 500 at this point? I don't know. I didn't hear anything. What are you talking about there? I thought I read some about Binance getting granted a confidentiality ruling that basically blocked a bunch of information from the grasp of the SEC for clients. I don't know. I just headlined Reddit, so don't quote me. Didn't dig a lot into it, but saw that that had occurred. Yeah, I didn't hear that. It would suck to be Gary Gunzler right now. Yeah, dude. They're sporting like city attorney type numbers, just getting mopped up, but I don't know. What do you mean? I'm sure he's gotten a job offer for BlackRock. He's sitting pretty. Oh, that's a good point, actually. Anybody want to take odds on Peter's thought there? I think Peter's probably right. I would say the likelihood of that is probably fairly high. That's a hell of a trifecta there. You should take that with Joe Carlos, sorry, Peter, like a ETF still within 2023 on top of a BlackRock job acceptance from Gensler thing. It's got to be like a hundred to one. Yeah, the theta on that is pretty high right now, so no. Yeah, that's like Buster Douglas numbers. It's wild. You know, we were joking in here the other day. Joe came in and we were talking a little bit about the ETFs and Joe was like, I don't understand why we're not seeing an ETF where you can see the actual addresses for the ETF you can verify on chain and then you have redemption directly to shareholders from the trust. And I was joking. I was like, man, somebody is going to do it. We should do it. Me and you, Joe. Let's do this thing. So people were tweeting at me like, is Swan going to do an ETF now? And it's like, dude, I was totally freaking joking about that. That's classic. Where's American HODL this morning? He was caffeinated up on fire yesterday. Dude, he was cracking me up and that guy is funny as hell. I was trying to hack a coconut up in El Salvador and I almost chopped my pinky off. Mickey Koss, good morning, Shelly. Good morning, Terrence. Good morning. Good morning. Good morning. So we're going to have a pretty chill day today. We're going to be doing some beginners Q &A. We have a couple of news items to discuss. There's a lot of Bitcoin mining rigs getting plugged in apparently. Also, we're going to revisit. It's fun to, you know, the Internet's an amazing thing. You can come back and revisit stupid shit people said about Bitcoin. You know, Bitcoin is dying. This is dying. That's dying. Bitcoin is going to boil the oceans, all that. There's some interesting comments from Dave Ramsey that we're going to bring back up. Apparently, the central bank over in England wants all systemically important stablecoin firms to back their issuance with non -interest bearing central bank deposits. I mean, that's like a full on lizard move, in my opinion. We'll discuss that a little more too. But yeah. All right. Let's do the intro to the show. You're listening to Cafe Bitcoin. Welcome to Cafe Bitcoin. This is episode 476. Shout -outs to supporters on Fountain Nosterness. Our mission for the show is to provide signal in a sea of noise, teaching the other seven billion people on this planet why there is hope because of this bright orange future that we call Bitcoin. Today is November the 14th, Tuesday, 2023. Man, we're on our way to the next halving. It's coming up. Where's Ant when I need him? Here he comes. Yeah, man. I think, Ant, I'm going to just like lead off right with you if you're ready. I don't know if you can hear me right now, but we should start with some stats. Let's get some orientation. We haven't done stats in a long time. So let's begin with the stats and get an idea of where we are. Ant, are you there? Are you ready? Yeah, I got some stats. I got time chain stats up right here. Let's go. Taco, talk to us about this impenetrable freedom force field. What's it at? Current USD price, $36 ,587. We are at block height, $816 ,745. Current hash rate, seven -day moving average is around 435 exahash per second. Let's see, mempool transaction is still full a little bit. We got $211 ,000 climbing. The fastest fee right now is around 79 sats per v -byte. Good news, we got 161 days about to the halving, and we are currently up 25 % on the 200 -day And right now, let's see, sats per fiat dollar, is that how you say it? It's 2 ,732 sats per dollar right now. The last block was found by Antpool, and the total subsidy and fees was just over 7 Bitcoin. And I think it was around 10 % of that block was fees, so very interesting. We're 88 % into the halving. $23 ,254, we just hit a block. Block's left. And that's pretty much it for now. I think that's it. Sats per dollar. You can buy 2 ,734 sats per dollar. I didn't hear you if you said that, so I'm just saying it. That's okay, it moved. Technically two different data points. And we have also, there is also 93 .05 % of the total supply of Bitcoin that will ever be mined in the history of mankind has already been mined and distributed. So you might want to get some just in case this thing catches on a little bit. Hey, Ant, if you're in a stable situation, let's get you up as a co -host, my man. Okay, I'm going to switch networks. Okay, you let us know when you're ready. D++, good morning. Thank you for joining us. I know it's super early for you over there on the West Coast. Good morning. I have a huge smile on my face because I'm actually driving over to Club Lab here in Austin, and I feel like I just got the weather report. I felt like I was experiencing the future in real time for a minute there, hearing all of the stats on what Bitcoin's up to. I want that every morning. It's so good. Isn't it cool? You know, to me, it's like an orientation thing. It's useful to know where you are to figure out where you're going. You have to know where you are to figure out where you're going or how you're going to get to where you're going. But it's also really useful because when I started hearing stats like this when I was a newbie Bitcoiner, I didn't know what they meant. I was like, you guys are saying all these words that I don't know the meaning to. And it caused me to look them up, which forced me to learn about it, which was awesome. Also, 435 ExaHash is crazy. Last I checked, it was 420. And it's just so crazy to me how the hash has completely decoupled from the price. I mean, going on for probably a couple of years now, ever since we left China, it's just wild. But the big news for me today is I am driving to PlubLab. As you guys know, it's the Bitcoin startup accelerator and community accelerator in Austin. You have to come through if you're ever in town. And what I'm so excited about is I am enrolled in Nifty Lisa Nye's Taproot class. So I'm taking her Taproot class. She's pretty much one of the only people on the planet that can teach it because what we're doing is we're taking the spec, which is to say the BIPs, and we're implementing them, which is to say we're creating our own library that makes Taproot happen. And she's one of the only people that can really do this because she's one of the only people who can translate from the BIPs into the code because there are certain things that are kind of missing or glossed over. Obviously, it's all in there, right? But it's pretty hard to take the BIP and to just translate it into creating your own Bitcoin library. So it's so fun. It's very challenging. Definitely, this class is for experts only. But if you ever wanted to learn how Taproot works, I highly recommend taking her base 58 class.
Fresh "Orange" from WTOP 24 Hour News
"Now open and eastbound University Boulevard at the right lane that was closed between Orange Drive and Dennis Avenue has also been reopened I'm Ken Berger WTOP traffic. Plenty of sunshine to look forward to later this afternoon with daytime high temperatures finally in the upper 40s to lower to middle 50s winds from the south at 5 to 10 clouds will begin to increase overnight ahead of our next weather maker we have showers in the forecast for Friday they're going to be scattered mainly during afternoon the hours I'm 7 News meteorologist Steve Rude in the First Alert Weather Center. You are waking up checking the airports to 31 degrees at Reagan National 28 BWD by Marshall 28 as well in Dulles we are back down to 30 in our nation's capital brought to you this Thursday morning in the 4 a .m hour on WTLP by Mervis Diamond Importers. Mervis means diamonds.
A highlight from BREAKING: Bitcoin Spot ETF to be Approved Friday!? | EP 866
"It's all going to zero against Bitcoin. It's going up for everyone. Bitcoin! You're against Bitcoin, you're against freedom. Yo, welcome to another episode of Simply Bitcoin Live, you're your number one source for the peaceful Bitcoin revolution covered breaking news, culture, and medic warfare. We will be your guide through the separation of money and state. Today is November 13th, 2023. I hope everyone had an amazing weekend. Breaking news, it seems like the deadline for whether or not the spot Bitcoin ETF will be approved in 2023 is going to be November 17th. It's coming up. It's coming up in a couple of days. What are they going to say? Are they going to approve it? Are they not going to approve it? I definitely think it's going to be one of those things where it's like pump up on the news and then giant sell off, you know, because that's what always happens if you've been in the space for a while. But it's it's absolutely bonkers that we've we've gotten to this point. Now, we've talked a lot about what the downsides and what the upsides of of a Bitcoin spot of a spot Bitcoin ETF are going to be. Obviously, a lot more liquidity going into the market. I definitely believe it will make number go up. But like Caitlin Long said when she came on Simply Bitcoin IRL and Lawrence Lippard, you know, it also risks for for rehypothecation of Bitcoin in the selling of paper Bitcoin. Now, obviously, I don't think it's going to be as easy to do than how they did that in the gold market due to gold's physical characteristics and due to Bitcoin's unique ability of being able to be transported and custody very easily, you know, for pennies on the dollar, you could send it anywhere around the world. You could take self custody of Bitcoin, millions, billions, theoretically trillions of dollars by writing down 12 words, 24 words, not to mention, you know, using multisig if you want to beef up your security setup. So actual the ability for you to take custody of it very quickly and very efficiently, I think is going to protect it from what they did to gold. But that's not to say that they're not going to try. Like I think the long term play here based on the FinCEN, you know, what's going on with FinCEN, which we're going to talk about tomorrow, how they're demonizing mixing services. But the things are so broad that it's like a single use address counts as of some type of mixing. And then the words are what I would call the Freudian slip from Elizabeth Warren, basically finally saying the quiet part out loud because Bitcoin exposes all incentives after all, finally admitting that, you know, self custody is some type of this highly sophisticated way of money laundering, of skirting regulations. Right. Like and of course, they're planting the seed. That's why they come up with these words, unhosted wallet, you know, custody wallet, non custodial wallet. Right. They're trying to plant the seeds in the uninformed populace that somehow self custody is dangerous. Well, the reason they're doing that is because self custody is the revolution. And if enough people take self custody will win and there's nothing they can do about it. So it's pretty crazy that the that the date to come is on Friday. But again, all of this would be rumors. All of this would be a big nothing burger. But actually, the CEO of Grayscale, which is one of those companies they hold up, not only do they hold an F ton of Bitcoin, but it's also one of those companies that have applied to file a spot Bitcoin ETF, has been hinting at some things on Twitter. He tweeted it out very, very early this morning before right before eight a .m. Eastern Time. So, I mean, it looks like. There could be a potential approval of a spot Bitcoin ETF on Friday. And if it was one, it wouldn't just be just one approved. There'd be multiple spot Bitcoin ETFs approved. Right. So that's what's going on right now. That's the breaking news. We're going to cover it like always. We're going to analyze it. We're going to show you guys all the details. We're going to make the case like we always do. Anyways, no more delay. I want to bring up my legendary co -host, always optimistic, already smiling, giant smile. The chat's on point. The chat is losing their mind today. It's totally irrelevant to the conversation. Don't go look in the chat. It's probably inappropriate for you guys at work. But yeah, chat's undefeated over here. They're cracking me up. Anyways, yeah, Nico, what a crazy weekend. And it really just goes to show what we've been talking about on the show for months now that we are in the then they fight you stage. This is the separation of money and state and things are getting frothy, not only the price, but everything going on around Bitcoin is starting to become a point of contention. I think we've been talking about this all year, that the stance on Bitcoin from any quote unquote authority figure is the defining conversation right now. Of course, this was all going on behind the scenes and now it's becoming public and it's all happening publicly. And this is why I think there is so much uproar about it all, because now finally, everything from behind the scenes is being made public and being brought to light. So I think it's more important than ever to do what we always tell you guys to make sure that your Bitcoin is in cold storage, that you don't have Bitcoin on exchanges, that you are huddling them Bitcoin because we know that they don't want us to be in the escape route. We've said it before. You know, they don't want an exit route. And Bitcoin is that exit route. And we've been telling you guys constantly the on and off ramps are the chokeholds, like we've known this for a while and now it's heating up. So hopefully we can move forward. Hopefully there will be pushback. And as an individual, if you're on the Bitcoin standard, the Bitcoin circular economy already, what's this mean to you? Just some roller coaster rides and part of the Bitcoin fund. So we'll get a wine. All right. I'm getting trolled. I'm getting trolled. Go. That's another thing to kind of bring up. And we'll bring up the latest development on the FinCEN and stuff that happened over the weekend. We'll cover that on tomorrow's episode. But one thing's for sure, guys, we say this in the beginning of the show. It is our motto. We'll be your guide to the separation of money and state. We are definitely entering the Then They Fight You stage. That's for sure. You have to take action. Get involved. Don't be just a bystander looking at what's happening. Get involved. And unfortunately, I think over the long term, I do agree with the theory from the book The Sovereign Individual, where information technologies and the ability for individuals to opt out, opt into whatever money they choose to use is going to make politics irrelevant over the long term. I completely agree with that. But what worries me and what keeps me up at night is the transitional period. And during the transitional period, I do think that politics are somewhat important. I do think that they can make life very, very difficult for you if you are holding Bitcoin and you live in a certain jurisdiction. So unless you want to keep moving from place to place, to place and place, it's important that you get involved, right? Whether that is making memes, commenting, making videos, just highlighting the lies and the misrepresentations, like what happened with Elizabeth Warren in the Wall Street Journal a couple of weeks ago. The more attention we call to that, the better we position ourselves, right? And the key is to win over the adoption race. We have to orange pill as many people as humanly possible, as quickly as possible, so that there's enough people holding Bitcoin in the US that if any politician tries to recommend anti -Bitcoin legislation, it becomes unpassable. And then the example that I would give to this would be the gun lobby, right? Any time you tried to pass a gun law in the United States, because so many people own guns, it just becomes impossible to pass, right? Hopefully we get to that much Bitcoin adoption in the United States very quickly, that any type of Elizabeth Warren type of regulation, any type of maneuvering and scheming just gets shut down just because it's so unpopular with everybody. But we're not we're not quite there yet. Bitcoin right now is still in the shadows. Like that's the reality. Like people know about Bitcoin. People know about crypto. They know about these things. They still think crypto and Bitcoin are the same thing. But it really comes down to us to really educate the masses. And I'm not talking about just me and Opti. I'm talking about everyone in the chat. Take it upon yourself. Take agency, take action. Orange pill as many people around you. Right. This is all about the individual pushing this forward. That's how we win. We win over the hearts and minds of people. It's not left versus right. That's the divide and conquer strategy. It's really the party of orange, party of peace, Bitcoin, opportunity, prosperity, versus a party of green, which is a party which is the future they want us living in, which is a party of central bank digital currencies, nihilism, slavery, confiscation, all of that bad stuff. So you got to decide what future do you want your children to be living in? I want my children to be living in a Bitcoin future. Well, we got to stand up and stand up for your right. Anyways, everybody, let's let's move on to the numbers. Yeah, I know, right. It's a good line. It's a good line. All right, everybody, let's move on to the numbers. We got a lot to talk about. Let's check it out.
Fresh "Orange" from WTOP 24 Hour News
"Top stories were following for you at four of you tlp breaking this morning israel and hamas agreeing to extend the temporary truce an additional day one day as of this overnight early morning former first lady the legendary rosalyn carter has been laid to rest formally this week in plains georgia and recapping our other top story this morning henry kissinger is the only person to ever be the white house national security advisor and secretary of state at the at the very same time he died on wednesday this week at the age of one hundred keep it here for more in just minutes on w t l p thursday morning november thirtieth where the time now is for whether all the aids and when it breaks over to ken burger this morning in the w t o p traffic center as we get ready official for the start of rush hour for this thursday morning in just a little while traffic running fine all over the capitol beltway all lanes are clear both in maryland and in virginia so no delays anywhere in montgomery county in maryland 270 wide open in either direction between the 270 spur and frederick you'll find no delays in prince rotus county on branch avenue as you make your way up from brandy wine to the district also pennsylvania avenue run running well between upper marlboro heading all the way to capitol hill so that works on going on northbound on indian head highway maryland 210 this is between livingston road and shana drive right lane northbound is blocked in montgomery county the icc eastbound just after shady grove road left lane is blocked that's on the inter county connector then eastbound university boulevard between orange drive to dennis avenue it's the right lane that is closed in virginia still dealing with some road work including on the northbound side just after stafford courthouse road right lane closed and then just north of there both directions of 95 north of virginia 610 carrisonville road all lanes both shoulders are mobile alternating closures whitman walker's new max robinson center is just steps away from the congress heights metro offering dental services primary care mental health care and more become a patient at whitman dash walker dot org i'm ken burger w -t -o -p traffic coming right up this early thursday morning after traffic about
A highlight from If You Missed The Crypto Rally, Follow This EXACT Roadmap!
"If you're feeling lost or underexposed after the recent crypto rally, then you've come to the perfect video. Because today, I'm going to be outlining my roadmap for crypto riches in the next bull run, running you through the five steps that you can follow to build the ultimate bull market portfolio. Yes, you haven't exactly timed the bottom correctly if you're watching this video and you don't have all your entries, but no, you haven't missed out on the opportunity to capitalise next bull run, as I believe this market in the right conditions can go much, much higher. And we can see if we look at the YouTube views, which is pretty much the ultimate retail indicator, retail is still hardly back yet, Bitcoin is sitting above $37 ,000. So the amount of potential this market has to grow once retail comes back in leads me to believe there are still massive opportunities. So there's no need to panic, no need to FOMO if you haven't got your entries yet. But what you must do is come up with a sound accumulation plan to make sure that you're building your portfolio in the right way for the bull run. And that's exactly what I'm going to run you through. In today's video, there are many ways to make money in this market, you can scalp you can day trade, you can swing trade, you can airdrop farm. But in today's show, I'm going to be focusing on the investing side of things, the slightly more passive side things that doesn't require you to pick it up as a full time skill. Yes, it's going to take some active portfolio management, if you really want to build a successful portfolio, but it's not as time intensive as some of the other strategies that you might be following in the market today is purely focused on the long term investment side of things, how you can build an underlying portfolio to keep yourself steady and maximize upside for the next bull run, whilst also building a nice foundation for if you do want to trade and if you want to do anything additional that you can stack on top, I believe this strategy is complimentary to trading strategies in the market. So it's not a one or the other thing. But it is about setting up some nice foundations. So in light of that, where do we currently sit? Well, although the altcoin market has had a pretty big pump and Bitcoin has had a big pump, I believe we're still in an accumulation phase. Technically, we are still in the year pre halving. And typical Bitcoin bull run peaks don't tend to happen until the year after the Bitcoin halving, which would be 2025, late 2024, when things really start to pick up. Of course, every cycle is going to be a bit different. Maybe we are seeing things shift a little earlier, maybe not, maybe it shifts later, we can't time it exactly. But what we do know is generally, we are in an accumulation phase. So the goal of an accumulation phase is to stack as much crypto as possible via any means possible. The way you do this is obviously where all the nuance is. And this is where you're going to exhibit the difference between the 2x return next cycle and a 20x return next cycle. I think if you stick to the principles in today's video, there's a good chance that you can be aiming for that 10 to 20x portfolio value next cycle versus many people who are just simply going to ride it all the way up and then end up round tripping it all the way back down. Because accumulating through any means possible doesn't mean just accumulating after every pump. There's actually a strategy that I want you to follow in order to get better entries on altcoins. And that's what we're going to talk about now. So the first thing that you need to do if you want to build a successful portfolio is create a watch list. It sounds so simple, but it's something people often get wrong. They see these new coins cropping up on Twitter, they get tempted to ape in, when in reality, you should have a really organized for system having your watch list. So before you even think about buying, make sure you have a clear watch list identified. And this process can take months, this process can take years. But what happens is as you research, as you watch more videos, as you experience new things, as you learn things, you gradually refine your watch list, you get rid of coins that maybe aren't performing so well, and you add coins that you find out about that you're bullish on, and eventually you end up curating a really nice watch list. So the easiest method to start with when it comes to building a watch list, this is even before we get into any of the buying stuff, is to start with the individual sectors or narratives. So what I would do is I would pick two to three verticals you're most bullish on and start your research there. Niche down into two sectors that you really, really believe in. Some of the examples of the sectors that I find interesting are in front of you. I think AI is interesting, real world assets, gaming, ZK, LSDs, DEXs, SocialFi, NFTs, pick maybe two, three of these sectors and really start narrowing in on those sectors. I really like to build my portfolio around these major sectors because I believe crypto doesn't operate in isolation. There are many growth verticals which are going to help crypto achieve massive option, and there are certain growth verticals out of those that are going to end up outperforming. And the ones that I specifically like, I do want to concentrate a bit more of my portfolio allocation towards those narratives. For example, if you're really into crypto gaming, this could be a logical place to start research the gaming space and start positioning yourself there before you start creating a watch list for some of the other sectors. But of course, over time you'll build out a fully fleshed out watch list around all of your favourite narratives. So what I would do to build a watch list, I wouldn't do it in Apple Notes, although you can, I would do it in Trading View because Trading View has this amazing yet very simple feature which allows you to build individual watch lists. I would make a list called buy list or accumulation list. And what I would do is whenever I find a coin that I am interested in buying, or I know I want to buy a coin, I would just add it to my buy list because this will be your list that you know that you can look at every single day in order to monitor those coins and also get your entries on those coins. So having it all condensed in one place on Trading View is really handy. And what you can do is you can sort by colour in one of two ways. You can sort colour based on the narrative. So I can make let's say any AI project orange and any L2 green. Or you can also do it in terms of market cap, have like, you know, red for your large caps, green for your small caps, however you want to colour code it, you can do that to make it easier for you. So then you can go into your red list and your blue list etc. And actually sort by major caps, small caps, mid caps. So organisation is really key here in terms of making sure your watch is super organised because it's going to make it easier for you to actually keep track of this journey. I think most I know it sounds so simple, but most people don't do this. Most people don't have an organised watchlist or an organised spreadsheet. And this is the first step to successful investing, right? If your mind's not organised, how can you expect your portfolio to be organised? I mean, it's just so important. If you do want to fully maximise your portfolio management, because it's not just buying, that's the trick here. It's managing, it's awaiting allocations, etc. So it all starts with having good setups. So in order to do this, we'll head into step number two now. And that's creating a journal in Excel. So after you've got your watchlist into trading view, this is when you want to go a little bit deeper, because the trading view watchlist is the coins you want to buy. But on Excel, you start to enter some logic. So I'll give you an example of how I would do it. I would list all the coins I'm interested in buying. This is a sample portfolio. Then I would have a column which says my thesis, time horizon and invalidation and risks. So for example, for Ethereum, I've written down my thesis, which is it has a diverse ecosystem. It has first mover advantage versus other L1s. It has institutional interest, which is set to ramp up. And it has proven staying power within the industry. I've put my time horizon at five plus years because I view it as an extremely long term bet. Now, obviously, taking profits can happen at any time in between this period. But it's important to have a time horizon established because certain investments will be more trade based and certain investments will be more long term. And I would also put my invalidation slash risk. So for Ethereum, I've said the major risks are it can lose market share to other L1s like Solana, for example. It could have technical risks if there are any major upgrades gone wrong, because I know they're doing a lot of network upgrades. And another risk could be the invalidation of one of my main key thesis points, which is institutions are piling into Ethereum. Maybe they don't choose to or they opt for other coins or Bitcoin, etc. And this would be an invalidation. So I would go through my entire portfolio and I would enter in the thesis for each coin, time horizon and invalidation. Why? Because at any given moment, you're going to be able to go back and say, why did I buy Injective? Oh, it's because this is my thesis. Why did I buy Ethereum? Oh, it's because this is my thesis. And then before you panic sell to rotate into a new hot coin on crypto Twitter, you can actually go back to your thesis and look, okay, am I still bullish? Are the reasons I was bullish then still the reasons I'm bullish now? And you can answer yes or no. And you can tweak it over time. And this helps remind you why you bought a coin in the first place. Because so often people just buy coins because they're hyped. And then they're like, I actually don't understand what this coin does. Why am I holding this coin? Well, that's something you need to avoid in order to create a successful portfolio. Because if you don't have conviction in a coin, how are you going to hold it through the rough times? And who's to say you're not just going to rotate out of it if you don't believe in it to a hotter coin, a shinier coin, if your coins underperforming, right. So it's very important to have everything documented in an Excel or a Google Sheets or however you want to track it. So you actually it's like a trading journal, right? So you have your thesis clearly outlined for each coin. Another thing you can do to go a step further is actually conduct a SWOT analysis for each coin. This is actually an amazing practice that I highly recommend doing. And it basically means once a coins in your watch your trading view watch list, and once you're starting to populate it into the Excel, actually go fill out a form, it can be done on a on a Google Doc, and you can link that into your original Excel. So I'll show you what I mean, you can create another column here, which says SWOT, and then you can have the Google Doc link entered in here, click on that, it'll open up a new document, or if it's on your desktop, then you can link it to another document on your desktop, which basically means you'll you'll have an individual study, a SWOT analysis study for every single coin that you've actually gone and researched. And this is a great learning experience. Because when you're trying to find the strengths, let's say for Ethereum, the weaknesses, the opportunities, the threats, you're going to come across new ideas and new thought processes. And let's say for Ethereum, you can think of the strengths, you know, the opportunities, you know, some weaknesses, but you can't think of any threats. Well, that's a great gap in your understanding that you can explore and prod further. So you can look for counterpoints, you can look for content, which actually challenges your theory, you can ask people in the space. I mean, we I answer a lot of questions and DMS, etc, on Twitter, but I know Randals and the other hosts do as well. And also other experts in those niches, I think are also super accommodating if you have any interesting questions. So by filling out these sheets, you're going to get a much more detailed analysis on your favorite old coins. And this will help you develop your theses as well. So underrated little trick here is to actually do a SWOT analysis for each coin and link that into your spreadsheet. I'm basically trying to practice here healthy habits when it comes to portfolio building, because I can almost bet 99 % of you probably don't have an Excel that has in -depth theses and plans and invalidations for every single coin you hold. Most of you probably just ape into coins on a centralized exchange or maybe on DEXs and that's completely okay. Nothing wrong with that. But I'm saying if you want to maximize next cycle, it's time to level up. It's time to get serious and it's time to plan because if you don't, you'll be left behind and maybe some of you have the taste of being left behind from the past couple of weeks. I know a lot of people have been asking me, you know, have I missed it? Is it too late? Well, it's not too late, but it is going to be too late soon if you haven't got the right plan in place because things can happen super quick in this market as you've seen. So now for step number three out of the five step roadmap. Now it's time to determine position sizing. And this is the most subjective and nuanced step in this video because obviously how much risk you allocate to a low cap will be different from you to the next person, right? Because I don't know your financial situation. You might have a family you need to support, you can't take much risks. You might be young like me and be willing to, you know, risk it all and you don't really care. If you lose money, you may be super wealthy and you're only playing around with 5 % of your net worth. And if you blow it on crypto, you don't really care. To some people, you might really care about losing money, right? And you might want to be a little more conservative. So it really depends on your situation and your goals. Do you want to hit a million dollars next cycle? Do you want to hit a hundred K? Do you want to hit 10 million? Like, it really depends on your situation. So this is something only you're going to be able to work out. But I'll give you an example of how I would determine position sizing. So on the Excel, I would add a column for percentage portfolio weighting. So this number is going to represent your ideal position size for each coin. I'll show you what I mean. So for example, for Ethereum, I've allocated in the sample portfolio 20%. So $100 ,000 portfolio, that would be $20 ,000. And I've allocated percentages for all the other altcoins based on $100 ,000 portfolio. And you can tweak this number as you wish in order to get the representative figures when you make your own sheets. But what this is going to do is give you an idea of how you actually weight risk. Now, how do you determine how much percentage to allocate to each project? The easiest thing to do is break it down by either sector. So you can go like, let's say 30 % towards L1s, 15 % towards L2s, whatever verticals you're bullish on, as we discussed before, you'll allocate heavier to those. Verticals you're less bullish on, you'll allocate less heavy to them, right? But my preferred method is actually not by sector, depends how your brain works, but I prefer to do it by market cap. So large caps, I might allocate 40 % towards, mid caps, I might allocate 30 % towards, small caps, I might allocate 20 % towards and micro caps, anything under $10 million, I'll allocate 10 % towards. So this is one way that can help you structure it. What you can actually do is you can create a pie chart. So once you've got the size right of all the coins, you can create another column, link that to your allocation percentage, and then make a pie chart and actually see how much of your portfolio is mid caps, large caps, small caps, and micro caps. That's a big tip that I have for you, because that's going to help you get a view of how much risk you're taking with your portfolio. And look, as I said, for some people, your micro caps might be 30%. You just might want to hit the lottery next bull run and make 10 million or make nothing and you decide to do that and go, you know, you want to go 30, 40 % on micro caps, knowing that you could blow it all. But some people might prefer to go, no, I like, you know, I'm happy with the three to four x next cycle. I'm just going all large caps. I'm just going to go Ethereum and Solana and a couple others, and that's it. And, you know, make my maybe three, four, five x, I'm not interested in the 100x stuff. And that's completely fine as well. That's why it completely depends on your personal situation. And step number three is the most subjective one. But hopefully just by writing it down and allocating per sector, this gives you a good idea of how you want to structure your portfolio. And you'll get a pretty good feel once you start to track your portfolio in real time, as to how volatile your portfolio is, you might realize it's too volatile, you might realize you're not getting enough upside. So the beta is not correct on crypto pumps. So you'll actually know over time. And this isn't anything set in stone, you can tweak over time, if you want to go more risk on when the market's more aggressive, you can do that. If you want to less risk on when you want to be more conservative, you can do that. No one says your portfolio has to be set in stone all the time. This is where you allocate to fresh accumulation. So now you've assigned your weightings, it's time to plan your entries. How do you do this? Well, you have a trading view already set up. So this is going to be your number one port of call when it comes to market out levels. What I would do is I would go through that entire trading view by list that you've mapped out. And I would set key horizontal support levels on a high timeframe like the monthly or the weekly. And then I would draw in the levels where I would look to accumulate. So let's use dydx as an example, you can go into the weekly you can mark out clearly range lows a dollar range high was $2 .70. And your next major resistance level is at $4 .20. So your green accumulation zone is your ultimate support by this is your range low support. We may not get there. But this is where you want to put in limit orders, right? Your yellow box, you would have a an alert on trading view set up for when we hit this zone. So you'd create a little alert here, it'll ding on your phone, you can say as your message, you can say dydx buy zone. And what this will do is it will track when we drop back down into that zone. So you can and you can also set a limit order there. And then you have your red box, which is the same thing. So when you break above, you get that alert. When we come back down on confirmation, you can make a buyer. So for the green box, this is something you could have set a passive limit order on an exchange automatically do it, you don't even need to do it yourself. Just let it happen. If it gets back down there. For the orange and the red zones on altcoins, these are more active positions. So use the trading view alert function when you get alerted, then you can make your decision on exactly when you want to DCA. But you probably should stick to your plan once you outline it, right? If you if you make a plan that you want to accumulate on the retest of dydx range high, then when you actually get there to the chat to the point of accumulating, don't flinch, like you actually have to follow through on your plan. So what I would actually do is I would even write in some text here, I would go to settings, I would write in some text, I would say accumulate on retest, if x, y and z, you might have some technical parameters that that you want to like add in, if you're a bit more technical, like, you know, I want to see RSI up on the upswing, I want to make sure there's a four hourly confluence with the retest, whatever, all those technicals that you can kind of stack on top. But it's really good to actually write this down. So on trading view for each coin, you're going to have your levels on the weekly on the monthly, like dogecoin, for example, a major support level I would look at is the five seven level, this is an area that I would be interested in setting limit orders. So the more limit orders you can set the better if you can set limit orders on exchanges and just have some capital across a few different exchanges, have your limit order set and forget about it, that's the best, because then you're not going to panic when price gets there. A lot of the time what will happen is price will actually get down to the support and then people get bearish, right? They bearish here, they bearish here, they bearish here, they bearish here, they never want to accumulate in the support range. Then when the price starts pumping, they're like damn next dip I want to buy right and then it goes back down. And then when it dips down, you don't actually end up buying because you're psychology and the back and forth of wrestling with emotion and basically forcing you to buy in when you have a predetermined level that you want to buy in. For the DYDX example, you do have that predetermined level on range low, but because price is pumped, you now have to potentially look at buying on confirmation of the retest of key breaks of resistance levels flipped into support. So this is going to require a bit more nuance than just setting limit orders. But that's just a reflection of where that coins out every coins in a different zone, right? And every coin has a different scenario, like for fracks, you might say, okay, on the break of 760, I want to buy some fracks, because this clearly shows that it's reverse downtrend, for example, and then you would set that order once you've broken above. So it's not a perfect science. But what this does is it kind of forces you to stick to a strategy when the levels are in your trading view, and your plans are predefined before price gets there, then when price gets there, you should just be sticking to your plan. So you should be having a plan for the next six months on levels accumulation across a variety of coins. And you should know exactly when you're buying and you should know exactly what happens if price keeps pumping. What level are you actually going to get interested at again? So let's say the idea smashes through the highs, you know that you're probably going to buy the retest of range high on the high timeframe, right? So have all those scenarios planned out, then you're never gonna have to form it because even if price pumps, you've got a plan for that. And if price dumps, you've also got a plan for that you've got your limit orders, right? So you should be planned either way for either scenario. And if you want to get nuance with timing entries, you can even stack on additional tools like AI, etc. to get better entries. For example, Kyber AI, you guys know how I like the Kyber score in order to track momentum. When you do see a momentum swing on the Kyber score, that could also be an indicator that you can use in confluence with let's say the retest of that range high as we discussed before, in order to get your exact entry when your trading view alert goes off. And you can use all sorts of on chain data to snipe an even better entry. So it just really depends on your level. Some people prefer to be more passive and just DCA and whatever. But if you're a bit more active, you can start to stack these tools in order to get slightly better entries. And for more advanced market participants, a website like Kyber AI, I think is a good one. So there's a link in the description below to get beta access to Kyber AI for free. It's a free platform, if you're interested in that. So hopefully that accumulation plan makes sense. I think it just boils down to take advantage of fear. Typically, these support buys will happen after major sell offs. And the major sell offs typically represent the strongest opportunities in the market. I mean, just look at Solana. The two biggest FUD events were the two events that ended up being the best buying opportunities for SOL. And these were actually areas where I publicly said that I was buying Solana and they ended up being amazing buys up, you know, four to five x now. So buying fear in this market is definitely the strategy when you're aiming to build positions for the long term. Okay, let's go to step number five. Now, this is a really, really important one. This is keeping stables on the side for new projects. So I do this for two reasons. One, some of the best performing projects next cycle haven't even been released yet. Newer shiny objects tend to outperform their older counterparts, because there's less suppressory effect on price, due to the lack of underwater bag holders on new coins versus old coins. So what are old coins, there are a lot of bag holders, they can still explode, it doesn't mean they can't perform well. But just typically new performs can have that more aggressive thrust to the upside because there's less kind of dampening due to supply pressures, right. So keeping stable coins on the side for new projects is really important. Not only because of that, but because of the fact that new projects often solve the needs in the market that the old projects couldn't solve. So they usually launching and not all new projects are good, some new projects are rubbish, but really quality new projects are launching because they know that they fill a gap in the market that other projects couldn't, or they're improving on the technology that other projects have already established. So there's a benefit there as well. And the second reason why I like to keep stable coins aside is because it prevents you from recklessly rotating out of existing holdings. So if you have no capital, you're probably going to be more willing to sell let's say your Solana bag if it's not performing well to rotate into Stacks because Stacks is performing well. But if you have capital on the side, right, you have actual cash, you don't need to sell your Solana because you have cash that you can deploy into Stacks. So you're less likely to rotate out of your Solana into Stacks because you got capital to buy it. So one of the biggest tips for just not giving up on a bag too early is just keeping stable coins on the side. It's such a basic thing, but it's something so many people don't do. They get too greedy at certain times and don't hold enough cash. And then they get to risk off at certain times and hold too much cash. The key is keeping a balance. And I've been in both camps. There's been periods where I've held too much cash. And then there's I've kind of learned my mistake here. And for most people sitting around the 20 % mark in cash is not a terrible idea in terms of your crypto portfolio. Once again, this comes down to your risk tolerance, etc. As long as you have something that prevents you from FOMOing into these shiny coins with old positions, because this happens every bull run, you want to FOMO into the new coins. But it's just better if you if you're not forced to sell. Forced selling is horrible, often leads to a really subpar result in terms of your exit price. Much better just to have fresh capital used that's and reserved solely for the purpose of buying into newer coins. So this isn't to say that you can't tweak allocations over time. I think you should always tweak allocations. As prices pump, you can take profits, rotate into other alts, take profits into USD. As income comes in from other income sources, you can put that into the market. Some coins you might realize, okay, say is not really realizing its vision. Maybe you don't think they're executing very well. The team makes some mistakes. You can actually delete that off your watch list at certain points and add a new coin that you think's better. Like there's nothing saying the portfolio you build now has to be set in stone. But there's something to be said for starting to plan and having a system. Because once you have a system, then you can plug and play any old coins into that system. Once you have your watch list, have your Excel, it's easy to make small modifications versus overhauling the whole thing once every few months. It's better to just tweak it slowly over time. And I think it's actually very smart to make tweaks over time, because that enables you to be adaptive and it means you're not always stuck in old positions that might not be so favorable when there's new trends in the market. So always maintain adaptivity, but don't be rash. That's pretty much how I want to summarize that. I want to give a quick shout out to one of our official show sponsors now, which is SmartX. They actually did $5 .1 million in trading volume this week. So if you are looking to farm, they have a very good system which reduces the negative effects of impermanent loss, and in some cases can lead to impermanent gain across their LPs, across the networks Ethereum, Polygon, Arbitrum, BNB and Base. They recently just jacked up the APRs on Ethereum and BNB. They lowered them on Polygon and Arbitrum. So if you do want to look for some of the opportunities with additional multipliers now, you can look for example, on the ETH side on some of these pools, which have a higher APR. And as I said, it's not your typical AMM. They have a proprietary algorithm which makes impermanent loss less of a headache compared to other AMMs, for example, like Uniswap. And if you go onto their homepage of their website, and you click on simulate the algorithm, you can actually compare the performance of pools compared to pools on Uniswap. So you can scroll through and get some examples to see how SmartX actually works in practice, which is a nice feature as well. So there's a link in the description if you want to yield farm on SmartX, or even if you want to swap, it's also a DEX, of course, that can get you some decent swap rates too. And yeah, just another great week of trading volume for SmartX. So well done to the team over there. And looking forward to keeping on supporting you in the future on these shows. So I hope you enjoyed this video. I hope you learned something. And even if one person watches today's video and builds a nice system, and ends up benefiting that from that next bull run that it was worth my time because I think 99 % of people will be too lazy to do the stuff I talked about today. Because I get it, it's easier sitting back and being lazy. But for the ones that are willing to put in the time and be proactive, you're going to be the ones I think that end up really reaping the rewards of this. So well done to you if that's what you're about to do. And I will see you in my next show, which will probably be on Tuesday. See you later. Peace out.
Fresh "Orange" from WTOP 24 Hour News
"County Thursday morning November 30th welcome into WTOP glad you're with us. You're with WTOP and Dean Lane. The time now on WTOP is 108. Michael and Sons heating tune up for only $59. I'm thinking whether all the eights and when it good breaks morning to Ken Berger with us and the WTOP traffic center. Road work continues in Southmont 395 at the 14th Street bridge only the far right lane is open were major backups earlier that's all cleared out now an easy ride past that open right lane so take it easy pass the work zone and the good news is that work zone on the Southmont 395 HOV lanes between Richmond Highway and Washington Boulevard has cleared all lanes there are open so no further worries either side of 395 between the pentagon and Springfield and once you cross over the beltway heading south onto 95 beware of the work zone this is near Dale City the left lane gets by northbound 95 at the Dale City truck scales right lane getting by in that work zone in Maryland you've got the road work at the Bay Bridge of the eastbound span is closed one lane open either direction on the westbound span in Prince George's County Maryland 210 Indian Head Highway northbound between Livingston Road and Shanna Drive right lane is closed Montgomery County road work on 29 northbound between 198 and Noyes Court that's one right travel lane and right merge lane blocked on Maryland 200 the inter -county connector eastbound just after Shady Grove Road you will find that the left lane is closed also eastbound University Boulevard between Orange Drive Dennis and Avenue the right lane is closed I'm Ken Berger WTOP traffic plenty of sunshine to look forward to later this afternoon with daytime high temperatures finally in the upper 40s to lower to middle 50s winds from south the at 5 to 10
A highlight from ETH Spot ETF Will Trigger A Huge Rally! (Buy These Altcoins)
"This has changed everything for the crypto market. News just broke that the iShares Ethereum Trust has just been registered in Delaware. The exact same thing happened for the Bitcoin Spot ETF, where BlackRock filed for registration just before they officially registered for the Bitcoin Spot ETF. So this leads me to believe that an Ethereum Spot ETF application is looming. And of course, if that's the case, then this could open up the door for a new trade in not only Ethereum, but also the Ethereum ecosystem. Will Clemente also pointed out a good point here that if BlackRock is feeling comfortable now filing for an ETH Spot ETF, then the likelihood that a Spot Bitcoin ETF will get approved is now much higher because obviously they wouldn't be filing if they didn't have confidence, right? So I want to talk about why this could be so massive, not only for the crypto market, but also for the altcoin market, because you have to keep in mind Ethereum is the leader of the alts and it has been Bitcoin's time to shine over the last few months, but with now signs of Ethereum starting to reverse versus BTC with Ethereum dominance increasing and now getting this BlackRock ETF filing, there could be some great news for Ethereum around the corner and definitely trades in the ecosystem that we've got to take a look at. The first thing I want to acknowledge before I get into specific altcoins, by the way, one of the altcoins I'm going to show you at the end of today's video is one of my favorite altcoins in the crypto market at the moment, is the current Bitcoin flush that we just saw. So open interest was steadily increasing, meaning the amount of leverage that was being taken by market participants to the long and the short side, but mostly the long side was increasing. But what we did see is a massive flush, a huge liquidation cascade where a lot of the late longs were wrecked. A lot of the altcoins also had massive weeks down, especially on a liquid alt. Some of these were down 20 to 25%, but the market did slowly end up recovering. And what we did see following this massive liquidation event is open interest essentially getting extremely wiped out to the point where OI is as low as it's been since October 24th, the lowest in over two weeks time. So the market completely flushed out all the leverage. And what I would say about this event is it's extremely healthy. There are a couple lessons here. One, obviously don't take aggressive leverage so you can be subject to these types of wicks. But two, setting limit orders in this market can be hugely advantageous. Let's look at a coin like Pendle. Look at Pendle here. It actually ended up dropping like 16 % just in a minute. And anyone that had limit orders for this coin, so people that wanted to buy the dip on Pendle, their limit orders could have been filled, albeit not all the orders would have gotten filled because they had a plan. So definitely when it comes to old coins, have a plan where you lay out your limit orders on your exchange. In case there are these flushes, then you can catch a nice bit at a key level. And using Pendle as the example here, you can see that this is a major level four Pendle as well that it hit the 84 cent region being a major resistance level newly turned into support. So this is just one example of why setting limit orders in the crypto market is a good idea. Now what about Ethereum? Well, Ethereum in light of the BlackRock ETF filing or the iShares registration in Delaware, it's now starting to reverse on the ETHBTC chart. And you guys know that I've been looking at this chart as pretty much my holy grail of Ethereum and altcoins because this chart tells me whether Ethereum is gaining dominance or losing dominance versus Bitcoin in terms of Ethereum as a trending coin. So what you can see here is Ethereum is now starting to break or at least attempting to break back into this range. So break back above and make this five five level into support. In previous times, for example, in June 2022, it did deviate below and then it ended up consolidating above and having a push to the range high of the ETHBTC chart at the 0 .082 level. So what we're seeing here is that Ethereum deviating below again looks like it wants to do something similar to what it did back in July 2022. The major level that ETH needs to break though once it holds back above the support line is this orange line here, which essentially indicates the trend for Ethereum. If it starts to break back above and make a higher low, that would be amazing for Ethereum as it shows ETH is gaining dominance versus Bitcoin. This BlackRock ETF may just be the thing that spurs on the Ethereum narrative. So that's what I'm looking at in terms of ETH. But what are the best altcoins to take advantage of this trade? Well, I actually don't think it's ETH. I think there are proxy bets to the ETH ecosystem, so ETH beta plays, which could outperform. Let's discuss a few of them in today's video. The first one I want to discuss is Lido and Rockerpool because these two are your ETH liquid staking plays. They also got flushed out massively during this liquidation cascade that we just talked about. So Lido, for example, went all the way up to 2 .4. It did end up coming back down to 1 .9. It's now consolidating in the 2 .1 region. You are watching this video two hours after I'm recording, so maybe it's somewhere in this range. But nonetheless, Lido is now starting to consolidate above a major support level at the 1 .98 region on the daily chart. So Lido for me looks good as an ETH beta play. So does Rockerpool, especially if it breaks above this $31 level on the weekly. Your next target is its range high of $40. So Rockerpool starting to wake up. Lido also looking good. One I'm also looking at is Arbitrum. Once again, this flush took it all the way back down to its support level at the $0 .92 zone. But Arbitrum looks like it wants to break above its major resistance at $1 .1. If it can break above, then we know its next target is 1 .31. Something interesting to note about Arbitrum is that it adheres to market structure really well. A lot of these new coins like Pepe, Arbitrum, they tend to stick to market structure because everyone's fulfilling prophecy. And I guess at the end of the day, this is what TA is, where Arbitrum actually obeys these levels super well. So these are the levels I am using in terms of Arbitrum. Something else I'm doing when it comes to these coins is I'm using Kyber AI to get better entries. So let's say, for example, it does close above retests on the daily, the 1 .1 level. If I want to get an entry into Arbitrum, what I would do is I would search up Arbitrum onto Kyber AI, because it's going to tell me what the trend is like in terms of the on -chain analytics. And I would see here whether the Kyber score is in bullish territory. If it's in bullish territory, this indicates that the market is willing to bid on Arbitrum based on a variety of factors, such as the number and types of trades, trading volume, net flow to whale wallets, etc. So I would use this Kyber score, I would use this data to my advantage to get more confluence to line that up with a break and a consolidation of trend. What I do like to see though, as one general rule of thumb when it comes to Kyber scores and using Kyber AI, is when you see these patterns here, where you get bearish signals starting to turn into bullish signals. So it might go from bearish, it might go up to the 70 to 80 Kyber score region. Once it starts getting into this region, that is assigned to me after two four -hourly closes above this level that you will likely start to see it target the very bullish territory, which is the 90 plus region as we saw happens in this occasion. So especially in the lower timeframes, this is a really nice metric to use when you're trading and you can use it for a variety of alts. So that's how I'm using Kyber AI and you can also use it using the link in the description to sign up for early access. I discussed at the start of the video, there was an altcoin that I was eyeing specifically as an outperformer in this category and that's actually Pendle. Pendle is super interesting because it has exposure to a few narratives. It has exposure to Arbitrum, which is an ETH L2 narrative because of the ecosystem fund that is currently occurring on Arbitrum. So a lot of the protocols are getting grants that they're distributing to their governance holders, which is super bullish for Arbitrum specific protocols. That's why I mentioned Arb as well as a play earlier in the video, but Pendle has exposure to that ecosystem. It also utilizes layer zero technology for its multi -chain strategies. So this is also interesting because it could be a proxy play for the layer zero airdrop as well. And it also gets some of the LSD fi rotation given the fact that Pendle is one of the platforms where you can trade your yield for LSDs and stake your yield. So let's say your staked Ethereum to earn an additional yield on the Pendle platform. So it kind of covers three narratives at once. One is the L2 narrative, one is the ETH LSD fi narrative and another one is the layer zero narrative. It's showing a lot of strength here on the chart and it was actually one of the altcoins that was bought up most quickly during this liquidation cascade here, which indicates to me that it's one of the strongest coins in the market. You can always learn a lot in the market when the market drops and it bounces. Always try and track which coins bounce the most. The coins that bounce the most, typically they are the best longs when it is time to long and Pendle is definitely showing its strength here. Yes, it's pumped a lot. I would love to be able to get some accumulation opportunities on major pullbacks, but for the traders out here, I think you can have a lot of fun trading this token if you're looking to long because it is looking like one of the strongest tokens in the market. I want to give a shout out quickly to one of my major sponsors of the show, which is SmartX. If you want to earn any yield across a variety of layer two ecosystems, but Arbitrum included, like we've just been talking about, you can head over to the platform using the link in the description and get access to some of the strongest APRs in crypto. But not only that, some of the most competitive risk adjusted returns in crypto due to the fact that they have introduced a mechanism to lower or mitigate the negative effects of impermanent loss. You can see here versus platforms like Uniswap on a typical Ethereum pair, SmartX often gets the much better results due to the mechanism that they've introduced. And you can look at on the homepage of the SmartX website using their compare function, how SmartX LPs track versus other LPs here. And you can also simulate the algorithm to see how their LPs actually perform better on chain versus a lot of other pairs, as you can see in front of you. So if you do want to earn some of the strongest yields in the market across any of the ecosystems that you can see on screen, you can use the link in the description below. They've built a nice product. And if you've used it before, you would know how smooth it is to use as well. So thank you to SmartX and thank you to Kyber AI for sponsoring this video. I hope you learned something. Definitely keeping my eye on the ETH beta plays at the moment. I think this could be a watershed moment for the Ethereum narrative because it was dead. Let's be honest, it was just Bitcoin. ETH was lagging. This could finally be what Ethereum needs to start to kick into gear here. Definitely keep your eye on that ETH BTC chart. I will see you in the next video. Hope you have a lovely rest of your day. Good luck trading in this crazy market. There's definitely lots of money to be made. Peace out.
Fresh "Orange" from WTOP 24 Hour News
"U .s. sends its most senior people it stills again in israeli and palestinian and hamas officials how seriously the u .s. is engaged in this former secretary of state henry kissinger has died cbs's pamela fall henry kissinger will be remembered as the professor statesman who opened the door to china negotiated detente with the Soviets and blundered badly in vietnam kissinger was one hundred years old and american military osprey aircraft has crashed this time off the coast of southern japan one person is dead the status of the others board on isn't known cbs news military consultant jeff mccausland at least the near future meaning several years the marines are pretty well stuck with the osprey and i've got to figure out how they make it a safer more cbs news brief i'm christopher cruise that there is a warning number thirty applied it on wt i think whether all the aids and when it breaks first over to ken burger with this this early morning in the wto p traffic center looking at a good looking right all over the beltway system the entire circuit both in virginia and maryland there are no active work zones and no ads reported so nothing to hinder your ride top to bottom side to side in both maryland and in virginia in maryland are a couple of work zones including at the bay bridge with the eastbound span is closed one lane open either direction on the westbound span the central lane closed as a buffer zone getting to the bay bridge from the capitol beltway is without issue with uh... both sides of route fifty all lanes are clear in howard county do have the work zone northbound twenty nine this is right at the baltimore now down should a pike u .s. forty two right lanes are blocked also on howard county northbound route one between maryland thirty two and maryland one seventy five right lane is closed in prince george's county for the work zone on maryland two ten indianet highway northbound between livingston road and shana drive you'll find that the right lane is closed montgomery county work zones on eastbound university boulevard between orange drive to dennis avenue the right lane is closed on the inter county connector eastbound that's maryland two hundred then just after shady grove road you will find that the left lane is closed twenty nine northbound between one ninety eight in noise court right on the lane right march lane are blocked in virginia westbound sixty six it's after the rosalyn tunnel left lane getting by that work zone i'm ken burger w top traffic plenty of sunshine to look forward to later this new with daytime high temperatures finally in the upper forties to lower to middle fifties winds from the south at five to ten cars will begin
A highlight from Why MrBeast NEEDS to Adopt Bitcoin | EP 864
"It's all going to zero against Bitcoin. It's going up for everyone. You're against Bitcoin, you're against freedom. Yeah, welcome to another episode of Simply Bitcoin Live. We're your number one source for the peaceful Bitcoin revolutionary, groundbreaking news, culture, and matter of warfare. We will be your guide through the separation of money and state. Today, we're going to talk about the most famous and most successful YouTuber on the face of the planet, MrBeast. And I know what a lot of you guys are thinking. This Bitcoin show, what are we like? Why are we talking about that? Well, we talk a lot about the concept of breaking the Bitcoin echo chamber. Bitcoin content creators and just Bitcoiners in general, we talk a lot about Bitcoin because we love it and we understand how it's going to fundamentally change the world. But what happens more often than not is that we're preaching the gospel to other Bitcoiners. Our challenge is to break through, break through that so -called echo chamber so that the ethos, the ideas of Bitcoin start to seep into mainstream consciousness. We win over the culture. We win over the information war. Our challenge is how do we get Bitcoin culture into the mainstream? That's our battle over the next five, ten years. Corey Clipston, CEO, founder of Swan, wrote the race to avoid the war. It is vital for us to orange pill as many people as humanly possible before the inevitable clash happens between the nation state governments and Bitcoin. You're seeing that with Elizabeth Warren. We have a thread today about the European Union. They're so happy. They announced the rollout of the digital ID that's going to be paired with a digital wallet. Remember how they said that that was a conspiracy theory for so long? That's coming. You have Christine Lagarde, head of the European Central Bank, basically getting all giddy talking about the introduction of the European Central Bank digital currency. You have the Fed now that's being rolled out here in the United States. They just sued Bitcoin magazine for making fun of them, right? So it might seem like it's a big nothing burger. It might seem like noise. But the reality is that as Bitcoiners, we have to break this Bitcoin echo chamber because the reality is that our opponents, right, central banks, fiat money, really, they don't really have the truth on their side. Like if people had all the facts and they're like, OK, you're completely informed. You get to choose between one and the other. Ninety nine point nine nine nine percent of people would pick Bitcoin. Obviously, it's deflationary and it's censorship resistant. Governments are always going to want to censor and they're always going to want to inflate because that's how they pay for themselves. So when we talk about Joe Rogan, we talk about Russell Brand, we talk about Mr. Beast, even though it might not seem Bitcoin related, it's really, really important that these people use their platform because it's a lot of normies, a lot of people that are not necessarily into Bitcoin. And they use their platform to talk about Bitcoin. You've seen Tim Pool do this. You've seen Joe Rogan do this all in a positive light, of course. I'm not sure if Russell Brand has mentioned Bitcoin. And this has all happened because the likes of Max Keiser have done the rounds on these shows. And Max Keiser was telling people to buy Bitcoin since 2013. And they heard this and they chose not to listen. And then the number go up, does its thing. Right. And eventually number go up. You know, it's a very harsh teacher. And then people are just like, you know what? Max was pretty right about this Bitcoin stuff. And then they see what's going on with the government money. And they're like, OK, this is crazy. Now, we did have confirmation that Mr. Beast did mention that he owned one point five million dollars with the Bitcoin on Logan Paul show. So he does have Bitcoin. I don't think he takes it very seriously. But what I wanted to cover today is this legacy media hit piece on Mr. Beast, basically criticizing him for him making a video where he. Made wells and he supplied water, clean drinking water to five hundred thousand people in Africa.
Fresh "Orange" from WTOP 24 Hour News
"Racial set up on the westbound span certainly closes a buffer zone in howard county twenty nine northbound at tomar national pike to write lands are blocked in u s one northbound between thirty two and one seventy five is the right lane that is closed in montgomery county for the works on the northbound one or rather on diversity boulevard from orange drive to dennis avenues the right lane it is closed in prince george's county maryland two ten indian head highway between livingston road and shannon drive you find the right lane is blocked and work truck zones in virginia including on southbound at ninety five near dale city left lane getting by the northbound side at dale city truck scales it's the right lane is getting by getting by the 66 westbound express lines right at the the beltway work zone at that location has been cleared however in the main lanes on westbound 66 just after the beltway heading to nutley street you'll find two left lanes are blocked because of the construction secure commissions with wiz for government a unified cloud security solution for effective risk reduction and readiness in the out learn more at wiz dot i o that's w i c dot i o i'm ken burger w t o p traffic next we go to steve rudin he's seven news first alert meteorologist cool temperatures for the remainder of the evening and into the overnight lows will drop into the twenties by early tomorrow morning a beautiful sunrise
A highlight from What is the Best Time to Burn Fat?
"Hello and welcome to the Dr. Jockers Functional Nutrition Podcast, the show designed to give you science -based solutions to improve your health and life. I'm Dr. David Jockers, doctor of natural medicine and creator of DrJockers .com and I'm the host of this podcast. I'm here to tell you that your body was created to heal itself and on this show we focus on I want just to take a moment and tell you about how important your liver health is. In fact, if you're suffering from low energy brain fog or unexplained belly fat, the problem could be your liver. You may not know it, but your liver is the foundation for good health. It performs more than 500 key functions like filtering toxins, breaking down nutrients and keeping your cholesterol in check. But over time your liver can start to wear down and that's when you get energy crashes, belly fat and trouble with your memory and concentration. Fortunately there's a simple solution. It's called Liver Health Formula. Liver Health Formula contains 11 powerful herbs and nutrients, things like milk thistle that are clinically proven to recharge and revitalize your liver. It also helps protect against fatty liver, which is a silent epidemic affecting 100 million Americans. Liver Health Formula is manufactured in the US and it's approved by many American health professionals. And as a listener of this show, you can try Liver Health Formula and receive a free bottle of nano powered Omega -3 to keep your heart and brain healthy when you order today. So what a great deal, you get Liver Health Formula and a free bottle of nano powered Omega -3. Just go to getliverhelp .com forward slash jockers and claim your free bonus gift. Again that's getliverhelp .com, G -E -T -L -I -V -E -R -H -E -L -P .com forward slash jockers. That will get you your Liver Health Formula and your free bottle of nano powered Omega -3. So take advantage of that deal today. This podcast is an audio recording of one of my most popular YouTube videos on the best time to burn fat. Most people think it's when you're exercising, but in this podcast I go through the truth about burning belly fat, burning fat, and how to do it all night while you're sleeping. That is one of the key tips. So I go through exactly what to do. So you can turn your body into a lean, mean, fat burning machine where you can burn fat all night while you're sleeping. And I go through exactly how to optimize your sleep to get the best results. So you guys are going to get a lot out of this podcast. Please share it with somebody that you know and that you care about. And also take a moment and leave us a five star review. Just go to Apple iTunes or wherever you're listening to this podcast. Leave a five star review. That helps us reach more people and impact more lives with this message. Thank you so much for doing that and thank you for being a part of our community. Let's go into the show. So what's the best time to burn fat? Well, would you believe it's actually at night while we're sleeping. And we all want to be burning fat while we sleep. However, there are many individuals that are not able to, and that's because they have higher levels of insulin. You see, insulin is a key hormone that your pancreas produces to get sugar out of the bloodstream and put it into the cells, muscle cells as well as the fat cells. And a lot of people, because of how they eat and how they live, they have insulin resistance and they have higher levels of insulin. And if your insulin is elevated at night, you are going to store fat and not burn fat. So we really need to get insulin down. In fact, there's like a threshold kind of a line that if insulin is above that line, you're storing fat. If it drops below that line, you're burning fat. So from a nutrition perspective, there are certain things we do in order to get insulin down, things like a lower carbohydrate diet, high in protein that will help stabilize your blood sugar and your insulin levels. Also things like intermittent fasting can be really helpful. Exercise can be really helpful. But sleep is really just as critical. And here are five key things we want to do to help set us up for the best night's sleep so we can really optimize our fat burning. So the first thing is food timing. And so we talked a little bit about what we need to eat. I talked about a lower carbohydrate diet. Get rid of the ultra processed foods and the high carbohydrate foods and said, really try to prioritize protein and healthy fats, but also timing our meals is really critical. We know that when at night, when when there's no sun in the sky, our bodies producing more melatonin and we are more insulin resistant, meaning that our body is not going to respond to insulin as well. Our cells are not going to open their door. Our insulin is kind of like a key opening the cellular door. They're not going to be as responsive. Therefore, our body is going to produce more insulin when we eat food at night. So the best thing we can do from a food timing perspective is eat during the day. During the day, we have more insulin sensitivity. Therefore, we're going to be able to burn fat more effectively. We're going to be able to utilize, get insulin down. Right. And not utilize quite as much insulin. And therefore, at night, we're going to have lower levels of insulin so we can burn fat. So food timing is key. Eat during the daylight hours. Eat a lower carbohydrate diet, high in protein, high in healthy fats. Make sure you got fiber polyphenols from colorful fruits and vegetables in there. If you do that, you're getting the the food timing down. One of the worst things you can do for fat burning is eat a big meal late at night. When you eat a big meal late at night, your digestive juices are not working as well. You're not producing as much stomach acid, biopancreatic enzymes. Food will get in your gut. It will kind of sit there, rot and putrify, create more endotoxins, drive up inflammation in your body. You're not going to be able to move the carbohydrates. Your body's going to produce insulin, but it's not going to be able to move the carbohydrates into the cells as effectively so you have higher insulin. So you're storing fat and promoting inflammation. So eat during the day. That's food timing. Second thing is really just as important, light exposure timing. So light, just like food, food is information for the cells of our body. Light is as well. So certain types of light we want to avoid at night. Certain types of light we want to get during the day. And the way that this works is that early in the day, we want to get a lot of bright light. So going out, watching the sunrise, going out and getting bright light around the middle of the day, that actually helps set our circadian rhythm and it tells our brain, okay, it's daytime right now. Therefore, we want to make sure we've got different excitatory neurotransmitters, things like dopamine, norepinephrine, cortisol elevated to some degree and that actually gives us more energy, more wakefulness. It helps us with fat burning during the day, helps us with really just having great energy and mental clarity throughout the day. But then as we get in the evening and we get near sunset, we want to make sure that we get rid of all of that bright, what we call blue light. Get rid of that. In fact, as we get near sunset, you should dim all the lights, turn off lights or dim lights in your house. The only kind of light that you might want to have a little bit of would be like an orange type of light, almost mimicking a fire. Our ancestors, if they were exposed to any kind of light in the evening or at night, it was fire. It was sunset, which is more red light as well as fire and that has less of a melatonin reducing effect. When we're exposed to bright lights at night, we block our melatonin production and melatonin is this critical hormone that helps with sleep, helps with setting our circadian rhythm so we get really good deep sleep, deep fat burning sleep at night, but also it actually acts as a really powerful antioxidant that gets into our mitochondria, goes through both membranes of our mitochondria, cleans out oxidative stress and the healthier our mitochondria are, the better we're going to be at fat burning. So having optimal levels of melatonin at night helps you burn fat all throughout the day as well as at night. So making sure that you're not being exposed to bright lights at night helps you burn fat more effectively. So dim all your lights. You might have a little bit of lighting on in your house and then you can wear something like this. If you're going to be on electronics, if you're going to be watching TV on your computer, something like that, these are called blue light blocking glasses. So they make everything look orange and that actually blocks out the bright lights. So if you are on your device, which isn't, I don't, I don't recommend that, but you know, all of us do that at some degree in the evenings. Make sure you got those blue light blocking glasses on. That's going to help reduce any sort of melatonin inhibition and set you up for a really good night's sleep. And then in your bedroom, make sure that you've got it as dark as possible. You can wear things like a sleep mask. We'll talk more about that when we get down to here, sleep hygiene, but light exposure timing, key bright light during the day, no bright light at night as darkness, as much darkness as possible. In fact, you know, some researchers say in our society, we have a darkness deficiency. I mean, think about it like a nutrient, like being vitamin D deficient. We know that affects our immune system. That affects our ability to burn fat. It affects our brain function and development. Well, having a deficiency in darkness as well, we'll have a lot of, a lot of problems for our body. We'll throw off our circadian rhythm, our ability to burn fats or metabolic health or immune health or cognitive health. So getting that darkness is critical. I just want to interrupt this podcast to tell you about my favorite brain boosting tool. It's actually a delicious chocolate fudge. I know that sounds crazy, but this isn't your average fudge. It's actually rich chocolatey fudge. That's jam packed with five of the most beneficial mushroom species in existence when it comes to keeping a sharp and healthy brain. In fact, all of the mushrooms contain high amounts of essential nutrients, along with unique bioactive compounds that can promote the health of your brain while also supporting your heart and immune system. Rest assured, you can't taste the mushrooms within this fudge whatsoever. Just a delicious gooey chocolatey taste without sugar or artificial sweeteners. I'm introducing you to my favorite brain health treat. It's called Mushroom Mind Boost from my friends over at Pureality Health. Now, Pureality Health utilizes something called my cell liposomal technology, which delivers these nutrients in the brain boosting mushrooms into your bloodstream proven to be up to 800 % better absorption and more efficient. So if you want to say goodbye to forgetfulness and you want to improve your mental clarity and keep a really sharp and healthy mind, give Pureality Health's Mushroom Mind Boost a try. It's backed by a 180 -day money -back guarantee, that's six full months. And today, I have a 30 % off coupon for you. Just visit PurealityHealth .com, that's P -U -R -A -L -I -T -Y -H -E -A -L -T -H .com. Use the coupon DRJ to access 30 % off today.
A highlight from The Mike and Mark Davis Daily Chat - 11/8/23
"Live or Memorex, that is the great Minnie Riperton. You were 15, Mike. Remember that on the radio? I do remember that. Loving you. The Tweety Birds in the background made it an easy song to make fun of. It seemed like a very shallow lyric to me. Loving you is easy because you're beautiful. I know. Is that really where you want to... That's it? I mean, how shallow and superficial are you? What if you got like a big old mole on your cheek? Bad skin. Dermatological. Anyway, the great Minnie Riperton would have been 76 today. Famous, famous daughter, do you know? The gal from Saturday Night Live? Yes, the wonder, wonderful comic actress Maya Rudolph. Maya Rudolph. I was forgetting her first name. Bridesmaids, dude. Oh my gosh. If you're ever in a bad mood, you rent bridesmaids. Just watch Bridesmaids. That's a little crass, a little crude, especially the bridal shop suite. Oh, it's happening. It's happening. It's happening. Look away. Look away. In the middle of the street with a digestive issue. Oh my goodness. Hey, listen, I've got digestive issues this morning after. I didn't know what my expectations were. They were not high. It's Ohio and you figure, well, maybe they're not up for baby killing, but they were. And I think that the weed vote, the legal pot vote brought out all the young stupid people and that's how you get your abortion advocacy in Ohio. Listen, let me just let you talk because as pro -lifers, we've got a lot of work to do. We have a lot of work to do and that's why tonight's debate is part of the process. We're in the spin room right now and I'm just getting ready for interesting dueling events. You've got Trump down the street in Hialeah. You have five candidates on this stage tonight and I hope that they bring this up. I hope they bring up the abortion problem that the Republican Party has and that's all anybody's talking about. What do you want them to say? Well, we have to say something differently because every single election has gone down in flames since Roe v. Wade was overturned. And we got a battle going on within the party and I want to give you a little preview tonight because I got a chance to visit with Hugh Hewitt last night. He gave me some tips about what to look for as he's been here in preparation. He's one of the moderators. Salem Media Group, our parent company, is the official radio partner along with NBC, Rumble, and the Republican Jewish Coalition for tonight's third GOP presidential debate and five candidates are going to be on that stage. One thing I know for sure, they're going to have a decidedly somber tone tonight. They're going to be serious. We know with Hamas and the war in Israel and, frankly, with the shellacking that the GOP took last night, particularly in Virginia, Republicans have a ton of work to do. And the abortion problem has to be dealt with. There's no way around it. You can stomp your feet and you can say, I'm a proud pro -life American and I'm not going to bend or you're going to never win another election again. Abortion is winning for the Democrats, Mark. Now, those of you who say I'm pro -life and I'm not going to give an inch, I respect it. I admire it. I wish I wish the world worked that way. I'm sickened to say this. America's in love with abortion in this country. Find somebody in your life to love you the way Democrats love abortion. And increasingly, non -ideological folks in the squishy, mushy middle, they just flip a coin and go, all of the things being equal. I want abortion. Right. That's where we have a lot of work to do. And brow beating those people isn't going to work anymore, Mark, sitting around calling them baby killers, et cetera, et cetera. No, it just isn't going to work. Well, no, but it is what the procedure is. But I don't ever want to antagonize people. And I know you're right. In fact, let me let you finish, because I just want to see if you're wanting our Republican field to simply be demonstrably less pro -life to say, you know what, maybe we do need to allow more abortions in the following way, because I don't – No, I think I really do believe it comes down to the messaging. I don't know that Republicans – first of all, millions and millions of dollars of outside money were poured into Ohio last night by radical abortionists who convinced women that you're losing a fundamental right if you vote no on this horrific, radical – I mean, abortion now in Ohio is legal literally to the moment of conception. And in fact, parents now – Moment of birth. Moment of birth, I mean. And incidentally, parents don't even have a say in a minor child's decision to abort a baby. Now, you've got to give an okay to get a tattoo in Ohio. Yeah, exactly. Get a Tylenol in your high school. That's right. But not to get an abortion. But we lost. We got thumped on this. We got thumped on this. And we've gotten thumped on it every single time, Mark. It's not a close call. Something isn't working and Democrats are going to embrace this going into 2024. Does that mean you become decidedly pro -life? Well, I think for starters, you change the messaging as best you can. But I'm afraid that the answer you're not going to want to hear is, yeah, probably so. In 10 seconds, I think you meant decidedly pro -choice. No. Decidedly – do we become decidedly less pro -life? Yeah, less pro -life. Yeah. Do we become decidedly less pro -life? And that's the horrific reality of – how many times is it going to have to happen, Mark? How many times are we going to say, well, we're losing another election. We've lost every single election on the abortion issue since Roe v. Wade was overturned. And Mark, with all due respect, I love you. It's not just Democrats. It's not just squishy Republicans. It's women. It's women voters who believe they are – that somehow this right that is enshrined in the Constitution – oh, and oh, by the way, it's not – is being taken from them. And it's not – we just – we're not going to win by wagging our fingers at the people who don't see the world. You and I aren't where the country is on this, Mark. We're not. We are where conservatives are. And so the question becomes – and by the way, everything you've said is true and plausible and supportable. So, as we look at a presidential election and some folks on a debate stage tonight in a country where now it is left to the states, what Ohio did last night is precisely the way America goes in post -Roe v. Wade America. That's what we said we wanted. And we knew full well that there would be states that did things that we liked and states that did things that we didn't. How about if the candidates we have – and it's kind of interesting. I don't know how pro -life Chris Christie is. I know DeSantis is. I think Nikki Haley is. I sure know Tim Scott is. I think Vivek is. So should they express their – maybe satisfaction is the wrong word – their acceptance of post -Roe v. Wade America, where states are going to do what they wish to do and Ohio can do what they wish to do, but that they are going to continue to be a voice and use their presidential bully pulpit to say that protecting life is a better way, while saying that the states can do what they want to do? Well, I'm not going to be president of Ohio. I'm not going to be president of Nevada. I'm not going to be – etc. Go ahead. But that's happening. That's happening. Let me tell you. Well, let me break it to you. Roe v. Wade being overturned meant that states get to decide what to do. States are deciding what to do and they're pro -abortion. Yes. They are. Every single state. There's not a state that's deciding in favor of the pro -life movement. You know, you can say, well, we're the good conservatives in this. Except, except, except heartbeat bills, heartbeat bills, heartbeat bills in Florida, in Texas, in other states. So – Well, but that's not legislation that conflicts with what is perceived to be a woman's right to choose an abortion being taken from her. You're so right. I mean, Glenn Youngkin has floated the 15 -week idea. And let's talk about Glenn Youngkin, incidentally, because there were high hopes for Virginia. And hey, Virginia, we got our butts kicked. I mean, they flipped the legislature. They didn't even – in fact, that wasn't even on the radar. They were hoping – we were hoping that Glenn Youngkin would lead a flip of the Senate over there. They lost it all. They lost the whole state legislature. Guess what? Glenn Youngkin is no longer going to be considered a candidate for president. I've got a buddy here – Well, he never was. Well, but keep an eye on him. He's not – Not this year. I mean, does he have a future? Of course he does. Look at him at 2028. But I have a guy here, Alfredo Ortiz, who's a dear friend, the CEO of Job Creators Network, and he had a theory. In fact, he's going to be with me tomorrow here in Miami. They're sponsoring our broadcast from the post -debate spin room. Alfredo said, if Virginia has a huge night last night, Glenn Youngkin will throw his hat in the ring as the 11th -hour savior of the Republican Party. Wouldn't matter. There's no room. That would be – It's too late. That would be – It's too late. It wouldn't matter. But anyway, he got shellacked. I mean, it was a bad night for him. It was a bad night for the GOP, and there's no way around it. Hey, Tate Reeves is still governor of Mississippi, yay. We kept one. We got that. We got that. We got some – and Joe Biden is still dropping like a rock in all the polls. And Trump is rocking and rolling and continues to lead in five swing states. So there's just data all over the place that are mixed as to what 2024 is going to look like. But you get an interesting view at five people who really want to catch Trump, and not a single one of them probably will. But it'll be fun to watch anyway. What do you think happens tonight? Yeah, it'll be kind of – What's the headline? What do you think? I'm going to keep an eye on Chris Christie because I'm just praying he starts screaming at his own audience and they start booing him. Exactly. And they start throwing orange peels and banana peels at him. I mean, that thing in Orlando, I played that clip. I'm sure you did, too. Sure. Oh, my. Have you ever seen a public – And what's the word again? I'm sorry. Your failure to embrace the truth is – Reprehensible. Thank you. I keep going deplorable, but that was Hillary, and we'd see how great that worked out for her. No, no. Reprehensible. Reprehensible. When you're talking to your own people – Yes. And calling them reprehensible – The people you're trying to get to vote for you, ideally. Not a good look. And I think – and interestingly, Hewitt and I last night, we had a great Salem party. And listen, we're very proud of this. I mean, say what you will about the meaninglessness. It's a big deal for us. Of course it is. For Salem to partner with NBC, and Hugh's going to be on that stage. Which means at least one conservative will be asking questions. Exactly. While Kristen Welker asks everybody about January 6th, at least Hugh will be there. And let me give you a scoop. Hugh is exhausted. Last night was the ninth rehearsal they had for this debate. I said nine? How do you rehearse? What do you do? You put staffers up at various lecterns and have ads just to kind of get through the drill? They put a couple hundred people in the audience. They test these guys because he – and he said Lester Holt and Kristen Welker have been just pros. He said Kristen's kind of the new kid on the block, but Lester's a veteran journalist. But they've got to be ready for everything. I mean, Hugh's ready for eruptions from the audience and how do you handle that and how do you interact. Anyway, they've had nine rehearsals for tonight's debate. And also, Hugh gave me a scoop. He said, watch DeSantis' performance. He has just hired fairly recently one of the best debate preparers in the business. I don't – I forgot the guy's name. I'll try to get it. I think it's Brad. I could not care less. Well, I know. But it's – Binders don't matter. Prep doesn't matter. DeSantis is DeSantis and he's wonderful. He's not Trump. DeSantis' worst problem is that Trump exists. I'll never forget the caller or the person who tweeted or something said that the only problem with DeSantis is he was not the best president of my lifetime. And Trump was. Trump exists. There's nothing the matter with DeSantis. There's nothing wrong with Nikki Haley except she's the queen of forever war. You heard Nikki Haley the other day saying the people who will abandon Ukraine are the people who will give up on Israel. Shut up, man. That's not smart. That's not a smart thing. But I can't wait. I know it may not matter at all. It's half the interest if Trump were there. Trump will be there down the road in Hialeah, you said, right? Heavily Cuban -American population there. That's going to be fun. And he's loved in Hialeah. Well, we'll be in the Spin Room tonight beginning about 6 p .m. Central Time. We'll have pre -debate coverage. Let's watch you. Let's watch you. Tell everybody how to watch you. Well, listen to us on the radio. I'm pretty sure we'll be on AM 660 The Answer tonight. As the radio partners, we're going to be here at 6 p .m. prior to the debate. The debate will be aired live and then I'll be in the Spin Room post -debate, hopefully talking to all the candidates or many of them in the Spin Room here. And you could also watch us on Salem News Channel pre - and post -debate. So it's going to be a big night, you know? And we're ready to go. And then I'll be back tomorrow here in Miami with you to wrap everything up. Is that room? Because it's funny, we've all done conventions, like convention coverage and the entire week of doing broadcasting from a convention. And the morning after the convention is like done, you and I still have shows to do. But all you can hear is the pipes and the drapes and just the clang, clang. I will not be here. As the trucks are off. But what in the world is that room, that beautiful room you're in? I won't know. It's beautiful now. It'll be rock and roll and post -debate. What's that thing? Are you just going to be run over by workers and forklifts tomorrow? I won't know because I'm not going to be here. I'll be at Salem, Miami. I'm going to be a few miles away at a nice comfy radio studio. There you go. We'll be at the Salem Radio Miami studio. Excellent. That's a very smart decision. I'll see you tomorrow, my friend. Here we go. We're ready for you. It's a big day and night of Mike. Can't wait for his show. The next up, the first thing you need to consume is Mike's own radio program. And that's at 10. Soon as we're done. On 660 AM. The answer. Hurry into the Ram Black Friday sales event for great deals on the trucks that give you all the power you need and all the luxury you could ask for. Now get 10 % below MSRP for an average of 6 ,305 under MSRP on the purchase of a 2023 Ram 1500 Big Horn Crew cab. Not compatible with lease offers or with any other consumer incentive offers. 6 ,305 average based on 10 % below average MSRP from all 2023 Ram 1500 Big Horn Crew cab models in dealer stock. Residency restrictions apply. Take retail delivery from dealer stock by 113023. Ram is a registered trademark.
A highlight from "Bitcoin's Purpose," SEC Hiring Woes, and Matt Hill with Start 9 - November 7th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Dancic, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Lynn Alden, Corey Clifston, Greg Foss, Tomer Strohleit, and many others in the Bitcoin space. Also be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. What's up? More is up. What's up? What's up? That's ridiculous. Mike Terence with OneR, Jordan Tomer, Peter. We've got Jacob on the Pacific Bitcoin handle. However, he's doing best producer game things. He's doing, yeah, he's doing things. We've got Neil Jacobs on the Swan handle. Good morning to all you guys. Good morning, Mickey Koss. Good morning, and shout out to Lindsay Koss in the audience. I am throwing you an invite, young lady. If you want to come up here, you're welcome to do so. No obligation. We won't embarrass you. I promise. She's awesome. She's had several articles now published. And is it Bitcoin magazine? I think it's Bitcoin magazine. Alex, we know you're old, but Lindsay's the mother of three children. I think calling her a young lady is a little inappropriate. It's a compliment. Kiss my ass. Most gals are young ladies to me. It just is what it is, bro. Because Alex is old. I'm just glad that over the weekend with the Bitcoin Veterans handle, we had a space that kind of seemed like we maybe broke Lindsay into the comfortability of getting into spaces and getting into talking. So hopefully she engages more often. It's nice to hear from her and Mickey at the same time. How was the profanity in the space? I don't know. So probably pretty normal for us. Yeah, I didn't notice anything. So I guess it's probably pretty bad. But we got Lindsay to throw up the fist at the end there. It was awesome. Made it worth it. Yeah, I've been trying to encourage Mike to do some relationship -oriented spaces. I'd rather not. People need it though, man. There's so many confused people out there. I'm not sure. Yeah, we would probably get us in trouble. Completely off topic from Bitcoin. Alright, let's come back to Bitcoin. Welcome to Cafe Bitcoin. This is episode 471. Shout -outs to our supporters on Fountain and Noster Nests. Our mission for this show is to provide the signal in a sea of noise, teach the other 7 billion people on this planet why there's hope because of this bright orange future that we call Bitcoin today. We're going to be covering Bitcoin's purpose. is And this basically going to be opinions because nobody really gets to say what its purpose is. Satoshi had a white paper which states what Satoshi's purpose for Bitcoin is. But it's interesting how evolution and time and things like that. I mean, will Bitcoin change because of the people who continue to join it in concentric rings of adoption? I don't know. What do you think, Mike? I would say that Bitcoin does have a purpose in the sense that it provides an economic constant so you can accurately assess the economic viability and activity that's going on. It's like the analogy that I dropped in one of our recent episodes. The thing is episode 18 with regards to comparing it to if you were to constantly drift mercury into a thermometer and your AC is based on a thermometer. You're going to have an inaccurate reading. You're not going to understand why the system is not operating properly. So when you have something like Bitcoin that is not capable of being flippantly printed at the whims of whatever Federal Reserve governors or politicians want to do for government spending, you get a more accurate representation of what something is actually worth or what economic activity is actually doing.
A highlight from Money Printing, Big Mac's, and Bitcoin ETF's - November 6th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast, brought to you by Swann Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Dancic, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Lynn Alden, Corey Clifston, Greg Foss, Tomer Strohleit, and many others in the Bitcoin space. Also be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. That's true, too. That's the crazy part about it, is I get people who DM me and they say it both ways. They're like, yo, I liked it better when you guys are dropping F bombs. I don't necessarily think that it's the profanity that people really enjoy. I think it's the passion, and typically the profanity comes out when we're being really passionate about what we're talking about. Unless we're just being lazy and then there's a swear word, four of them, in a single sentence. Am I ever going to live this down? Ever? I mean, look at your little avatar, Peter. You're literally swearing 24 -7 with that guy. That's just a personal protest and my way of expressing my freedom of speech without being particularly offensive. People don't have to look at it. It's kind of hidden. You're swearing to all the deaf people in the audience? No, actually what I'm swearing to is the Fed and the statists and the people who want to impinge upon my rights, the over -reachers and all those. I'm a liberty kind of guy. You know what's interesting to me about Bitcoin is that if you have freedom -minded people and then they find Bitcoin and then they realize, oh my gosh, there's actually a solution, the level of intransigence rises. The level of, look, I'm not going to put up with your shit rises. The more Bitcoin a person accumulates and they start to develop F .U. money, they have a stack of F .U. money, the intransigence rises and it's like, look, I'm just not going to put up with your nonsense anymore. That's actually a good thing. I think people need to stand the heck up and say what's right and not put up with nonsense. So I am a distinguished Toastmaster, Alex, and I did just count one of your swear words. OK, we usually we usually count filler words, but today it's swear words. Toastmasters is weird. Just saying. Alex is busy listening to the tape. No, I have clients texting me right now because people are trying to get in position and I'm like literally like if I go off mute and then, you know, you know how it works. A call came in, then a text. They're getting in position to purchase SATs at a higher price. Getting in position to buy SATs. I mean, dude, like for weeks now, ever since we started seeing these moves, it's basically nonstop. People buying Bitcoin, man. The price action is pretty fucking bullish, I must say, if I get my TA leaves hat out, you know, those leaves are looking pretty bullish to me. Yeah, I'm I'm I'm pretty bullish and I think there's a lot of factors in play right now that we'll talk about also in a little bit. Let me enter the show real quick. So we're listening to Cafe Bitcoin. Welcome. Thanks for being here. This is episode four hundred and seventy shout outs to our supporters on Fountain and Noster Nests. Our mission here is to provide signal in a sea of noise teaching people on this planet seven billion plus of them. Why there's hope because of this bright orange future we call Bitcoin. Today we're going to be covering endless money printing, Hong Kong ETFs, Bitcoin ETFs, Big Mac coin and other interesting developments. But welcome up to everybody who has joined us. We've got Mickey up here. Terrence, both Terrence's. Why Bitcoin only? Good morning and welcome. Good morning from beautiful Santa Marta, Colombia. Hey, like Colombia, are you visiting or I mean, you don't need to dox yourself, but are you permanent or are you visiting? He kind of already did. He told us where he's at. Yeah, no, I'm traveling, man. Just checking out South America, soaking in the South American lifestyle for a bit, saving lots of money, eating some cheap steak and building Bitcoin projects, having a great time. It's a I recommend it to everybody who hasn't just coming down here, just seeing what it's like south of the states is really incredible. I spent the first six months of the year or so in Mexico, then moved downward. And it's an awesome time and a good place to build cool stuff, learn about Bitcoin and spend less money and meet lots of awesome people and hear great stories, too. Yeah, I agree with that. If you have the option to do it, man, and you're not like tied, tied down anywhere like that would be a great way to be. Save money, stack stats, great lifestyle. And people really don't think about how much money you actually save, because I remember that the main thing that kept me so stuck in the U .S. for so long was just having this thought in mind that traveling is synonymous with spending tons of money. But once you once you get a plane ticket for a decent price, all you have to do for that is just to book far in advance or if you have a good credit card points, you can get like really good travel, travel perks. Just get your ass down here and immediately out of the gate, you're spending like less than half of what you normally spend on everything. So it's truly saving money, gaining experience. There's no downside. If you got a little if you're a little adventurous, a little spontaneous, like there's no reason not to do it. So there was this guy who came on a space, I think, you know, over the weekend or late last week, and he's got a house he owns outright. His plan is to sell it, bring his family to India. He's got two little kids, one's, you know, one and a half, one's three or so. So they're not quite in school or, you know, it doesn't really affect them to move them, you know, over overseas or whatever. But, you know, go live in India for, I think you said like a year or two, save all that money and then when they get back, they'll buy, you know, they might buy a house on the way back and probably end up spending like a tenth of what they sold this one for. So it is it is an interesting idea, isn't it? Like you kind of you move with the with the flow of Bitcoin.
A highlight from BCB133_SAIFEDEAN AMMOUS: Austrian Economics & Brutal Takedowns
"These people will tell you we're going to take the statue of the Virgin Mary and put it in the jar of fists and that's so stunning and brave and powerful and it speaks to something really profound and if you don't understand it that's because you're a fucking idiot. And now when I call these people idiots now they turn into the religious conservatives like how dare you call Mark Rothko an idiot for masturbating into the paint that he put into that painting. Like how dare you. This is the Blue Collar Bitcoin podcast a show where Average Joe firefighters explore the most important monetary technology of the 21st century. We talk Bitcoin, we talk finance, and we talk shit. Welcome to this week's semi the honor of speaking to Saifedean Amous. If you're listening to this we recommend you check out the YouTube video just to see Saif sport some badass red sunglasses. Saif is the celebrated author of the Bitcoin Standard, everyone's go -to book for orange -pilling the uninitiated. Saif recently dropped his most recent book Principles of Economics. If you want to have a holistic understanding of the tenets of Austrian economics this is the book for you. We highly recommend it. In this chat we cover some ground, we slander dead economists and scientists, we steelman fiat money, we ruminate about what science actually is, we toss pejoratives at shitcoin bag holders, and we watch a full -blown takedown of modern art. We give Saif the opportunity to defend his stainless steel pans. Saif does not pull any punches in this episode whatsoever. Fast and Loose is our preferred modus operandi and Saif sent the this one. Fast and Loose is a blast in conversation but when you want to protect valuables you want steady and secure. You want an airtight conservative and well -tested device. The cold card has been measured, tested, and found to be the ultimate solution for Bitcoin cold storage. It is the industry standard for protecting your valuable Bitcoin for perpetuity. We have been using cold cards for years and highly recommend them to friends and family when they ask what they should use to protect their Bitcoin. Use code BCB for 5 % off the Mark 4. It's getting chilly here in Chicago and if you've been thinking about mining Bitcoin and could use a space heater, take a look at the Heatbit Mini. This is a plug -and -play device that is a space heater, a Bitcoin miner, and an air purifier. Use code BCB for 5 % off.
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.
A highlight from Reunions and Red Flags
"Hello! We are Mutually Codependent, and this is also Mutually Codependent with Adam and Jen. I'm Adam. And I'm Jen. That's Jen. Hi guys. Hello. We're excited to be here, here at our house, in our room, we're excited, just so excited to just be in our room and do whatever the fuck we want, and sometimes record it. So welcome to the show, you should know a little bit by now if this is your first one, sorry. If it's your first one, start at another one. Pick a different intro, and then come back here, go to a normal intro, and then like fast forward one minute, which it was exactly one minute when I said that, I was watching on the screen. So, we have a show for you today, and we're excited to do it for you, that's what I really meant to say, but before we get started, we have to start every show with our strain of the show, and Jen's gonna go over, what are we smoking? This week on Mutually Codependent, we are smoking tropical cookies, a THCA strain, courtesy of Syntex CBD and Texas Canna Health, find it at syntexcbd .net. It is a THCA strain that is sativa dominant, with 20 .6 % THCA, and 0 .28 % Delta 9. It's supposed to help, this strain is supposed to help the user feel creative, focused, and relaxed, which I'm really hoping it does, because that sounds pretty fucking cool. I'm on my way. I Yep. like when you announce the strain of the show, so I have a chance to smoke it. Yeah, that's cool. It's good, the beta -carotylene is the main terpene, but I taste a lot of others too. There's a lot of citrus in it apparently. It is, it's tasty, it's real bright. It's Girl Scout cookies and orange something. Oh, that makes sense. So, yeah, we have more to the show too, we're going to talk about, well, we went to our 20 -year reunion, and it's kind of been a theme we've noticed over the past, I don't know, all the episodes. We keep talking about how we're getting older, or Jen's birthday, we talked, you know, several things. So, we went to our 20 -year... Yeah, the change of perspective, we went to our 20 -year reunion, so if you ever needed to know whether or not you're getting older, that's a really good indication, going to your 20 -year reunion. So we did that, and not only did we do that, we actually helped organize it, which, that's a thing. If you would have told me or Jen when we were in high school that we were going to be the ones responsible, not the only ones, but, you know, we were a big part of it. Part of the planning committee. Yeah, for like, hey, you know what, the 20 -year reunion isn't going to happen without your guys' help. I would have been like, I guess it's not going to happen. But we made a different decision as adults. Yeah, definitely. I would have been like, I would have laughed. I would have just been like, oh, okay. Yeah, because I'm going to come back to Texas, that's probably. And, but, we're both here. And it was kind of like when we were driving back from it, it's basically like one road that goes all the way from our neighborhood that we met in to our neighborhood now. It's literally just Heather Wilde connected the two. It didn't at the time. No, it did not. But now it goes all the way up to Round Rock and that's, you know, where we are. So it was kind of weird like going back to that area and then that was before even talking about people, you know, like we went and saw people that we hadn't even thought about it and who knows how long, but it was good. We decided, hey, you know what, there was like seven or eight of us that decided, hey, you know, we'll have one for ourselves and then, you know, we'll see if there's any interest and if there is, then we'll put together, you know, we'll just do the whole thing. And that's what ended up happening. How many people do you think showed up? 50? Probably about 50. It was a lot more than I expected, to be honest. Yeah, and there were some people that said they were coming, that it didn't show. And then there were people that didn't say anything that showed up. But honestly, it was a good time. I have a lot of social anxiety, especially when it's regarding anything from my teenage years. So being there at that reunion, I was really worried, but honestly, it was fine. I had a really great time and I really enjoyed getting to reconnect with some of the people that we did. I got to see one of my best friends from high school for the first time in 20 years. So that was fantastic and we had a really good time. And we got to smoke weed with some of these people. Yeah, we did. We brought a bunch of party favors. We got the syrup and the gummies and pre -rolls and I even took three or four disposable vapes and passed them out. Yeah, so we got people high and was it a brewery? So we drank. That was fun. But we had a really good time, I think. I got to see Sarah. So I got to see another one of my best friends from high school. Out of my three close girlfriends from high school, two of them were there. Yeah, and you saw the night before you saw it. And then the night before we got to hang out with Tina because we went to our school's homecoming game. And then the bar after. The bar after was a lot of fun, actually. That was, so you and I and then Valerie and Chance and Tina went to Preyston's Bar and Waylon came and met us. That was fun. Yeah, I like that. I like naming all these people for people that don't know who these people are. Yeah, I don't mean to do that. It's just the way that my autistic brain works. I have to like line it up to figure it for me to figure out who was what we were doing. I'm sorry about that. So we were with all these peoples that we've known for like 20 something years. I probably would have told the story the same way. But yeah, so we had a good time though. But I, yesterday I kept singing, when she's not too pretty in the face, but she's super thick. I'm just thinking with my dick. And I was like, why am I thinking, why am I singing that song? Why is that song stuck in my head? And then I remembered when we were out Friday night with people, with everybody from school. We, somebody played that song at the bar like three times in a row. Yeah, it was that weirdo, really big guy that, I don't know. He was strange. Something about him. The one with the beard? No, not that guy. The Hispanic guy? Yeah. I don't know him. The other guy. No, we didn't know them. No, the guy with the beard, he's always there. Yeah. I don't know. He, he like kept trying to insert himself because we were a pretty obviously close group that were there. He was like totally jealous of how well we were all getting along. And he seemed to kind of be ignoring the woman that he was with. And she was probably way out of his league. So you think that he'd appreciate it more? It was probably his sister. I hope not. Based on some of the hand placements I saw. Oh. Who knows? People are fucking weird. I've touched my sister's butt, but it was just to hit it. It wasn't to, you know, there was no grabbing. Not like that guy was a grabber. Anyways, but then on Saturday we had our 20 year reunion at the, at a brewery and it was a lot of fun. And I'd mentioned the brewery, but the beer wasn't really very good and there was like other problems that we had. So yeah, we're excluding the name. To be nice. Yeah. They have like concrete floors and you know, when somebody like digs up the concrete to work on like plumbing or pipes. Dig a trench for a drainage or something, then you have to fill that back in. But they didn't fill it all the way up or maybe it was bad concrete or bad mix or something. And they, uh, the top layer of it was kind of crumbling. So people were tripping on it. Um, and including Jen who fell. Yours truly. I fell, um, hit my knees in the concrete and also landed and caught myself with my right hand, which is the hand that I just had carpal tunnel on two months ago. So that was fun. So that, that feels good. Yeah, that feels fricking fantastic. It's, I went to the, or the urgent care the next morning. It is not broken or fractured. It is only sprained, but it hurts really badly. And we'll see what the hand doctor says on Thursday. Right. Cause the surgery recovery, like you're still during the recovery from your surgery when this happened. So who knows what it's going to do? Hopefully they don't have to like do any more surgery. Hopefully it's just, Oh, that just, it sucks, but it's, it'll heal. Yeah. That's what I'm hoping for, but we don't know. So that's so, yeah, it's so frustrating because you've already been recovering and not able to use your hand for so many different things like lighting your joint, what you're doing, but, uh, yeah, so that's really frustrating. I imagine. I know it is. Um, so yeah, it's super frustrating. It's very annoying. So we did that, but it was really good to see people like everybody. It was a good group that showed up to be honest. Like everybody seemed pretty good. Yeah. Yeah. Who, uh, I mean, I don't think anybody showed up that I wasn't expecting to in like a bad way. Like nobody showed up that I would have been like, no, I don't want that person here. No. And so that's cool. Um, not that there's very many of those, but, um, I feel like I even kind of knew like 90 % of the people there. Yeah. And, and it was, I guess that's what happens when like, we're the ones using like Facebook to do the reunion. Like we're only going to see the people that we already had exposure to. Um, but there were, there were lots of people outside of those groups that didn't show and I know that they know about it, so yeah. Well, I mean, and then, you know, there's like a lot of people have to work on Saturday night. Yeah. A lot of people in the service industry at all. Then, yeah, we had a lot of classmates out to work. Um, you know, a lot of classmates that aren't local or that don't care. We've, we've had people who passed away. Um, we, it, it seems as though we have people who maybe got along a few years ago and we're still their group of friends from high school, we're still a pretty tight knit group and then maybe a few election phases ago is what it kind of seems that that group separated. And then that some of those people, as from what I understand shattered, it's done. Yeah. So, you know, like it's not justifiably, you know, anybody on, you know, one side should, shouldn't put up with the other. Uh, yeah, but, and I, and I know some people like had, you know, have kids and stuff, so they couldn't come, but there were some people, it was good to see some teachers too. That was really cool to see some teachers. We haven't seen them forever. One of my favorite stories to tell from high school, I was about a teacher that I didn't even remember his name, but he was there and I coach Smith, coach Smith. Yeah. Um, I didn't know he was a coach. I'm sure I did when I was in the class, but right this, I was okay. It was integrated chemistry, physics and chemistry, integrated physics and chemistry. ICP. No, IPC. I know. Sorry. We, that was the thing. Cause that was like at the height of Insane Clown Posse's, you know, popularity. I would assume, do you think they have more fans now than they did then? And it is, is it only because of population gain? Like it's just the families of the people who already were fans that now their kids are fans. Uh, anyway, so I had this, uh, integrated physics and chemistry class, which is a pretty entry level class, right? It's your freshmen that you could skip it. Like they're like, you don't really need this class, but it counts for a credit. And so I didn't take it because I wanted to take biology and then I took anatomy and then I took chemistry and then I needed one more. And I didn't want to take physics for whatever reason. I looking back on it, I totally should have taken physics. Yeah, I've been fascinated by physics as an adult. And if I would have really understood what it was or like my potential interest in it, I would have absolutely taken it. I should have, that was dumb, but I did take it. So, uh, didn't take it. Uh, so what, what I did was go backwards to the class that you take freshman year, uh, my senior year. And that's actually all I needed to say for him to like glow up and realize who I was. He's like, Oh yeah, I remember you. So that was fun. Um, but I was also glad that he didn't remember me right away in a negative way because that would have been like, cause I was kind of a shit. Well, yeah, you were a shit. So I didn't know how much of a shit I had been in his class. Um, but he was actually the only teacher that I think I had. I don't know. Maybe I had vineyard, but I just don't remember. But anyway, she taught Spanish. Yeah. Yeah. I think I, for Spanish too, after Treplinsky failed me. So, um, I say that like I actually did all my work and she's failed and still failed me. That's definitely not true. Come to find out she failed everybody. Yeah, she did fail a lot of people that she fought with. Yeah. If she didn't get along with it, she didn't like you. She fought, she failed you. So I'm good for her. So there's a, yeah, so he's, he's there and, and I told him why I remembered him and this story, um, he would, it actually starts with a joke and he would always, uh, you know, mentioned something about a pot for. And, and, uh, and, and he did this and there was a particular person in the class that fell for it every time frequently. Like he did it often enough that everybody else was looking at her like, please don't fall for it again. And she was just, I don't know. I don't even, I think of her and I immediately think of her little friend too. Like they're one person because they were just like, to me, I only ever saw them coming into class together right at the last second and then leaving the class together. And so I just only, and I didn't even look like see them outside of class ever. So my only thought was like these two people together and I don't even remember the other girl's name. Um, and I'm not going to say the name of her because the story is kind of not nice towards her because she kept falling for this joke over and over and over again. And he would just be like, Hey, what, what are you doing over there with that pot for? And she was like, what? You know, the pot for, and what's a pot for? Well, cooking stupid.
A highlight from "Jerome Powell is Just as Confused by All the Different Data" + Michael Saylor Bullish on Bitcoin with the Caf Bitcoin Crew - November 2nd, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer 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. Good morning, all you Cafe Bitcoiners, Michelle up here, good morning, and first thing in the morning, Michelle, weekly, we got Mike Hobart, Dom Bay, Tomer, and producer Jacob. Good morning, everybody. Good morning. Have fun staying apart, everyone. And apples. angry All righty then. Let's see. Welcome to Cafe Bitcoin. This is episode 468. Shout -outs to our supporters on Fountain and Nosternes. Our mission for this show is to provide the signal in a sea of noise, teaching the other seven billion people on this planet why there's hope because of this bright orange future that we call Bitcoin topics for today. We're going to be covering a little update on SPF. This trial is nearly complete. They're in closing comments now. There have been recent arrests of another shitcoin company, Unregistered Securities. We'll be covering that. Jerome Powell apparently doesn't know what to do. And then a little update on economic reality. So let's start with, oh, we don't have all the people here that need to hear this. So I'll come back to it. But let's start with the SPF thing. By the way, before I jump into that, is there anything you guys want to bring up that you think is important? How about Japan printing more money to fight inflation? And that makes a whole lot of sense. Well, it's just like just like it's I mean, California did the same thing. But a couple of months ago, like you don't fight inflation by putting more units of the of the currency out into the system. It's like the whole kind of like thermometer analogy that I dropped on Bitcoin veterans the other night. And you're not going to be able to assess the environment properly if you're just flooding the the entire environment with more units. It just doesn't make sense. It's only going to fuel it. It's going to make it worse. You know, there's a lot of people that would argue, well, but Japan's been doing this for two or three decades now and they're they're just fine. No rebuttal to that, Mike. Sorry, I know I was I was trying to get away from this fucking dog that keeps barking every morning. But like so like people that are saying that like Japan is just fine, it's like, OK, have you looked at the demographics? Have you looked at like how they're a lot worse? And like, in my opinion, that the US is they're ahead of the US is like all problems with like certain generations not being able to afford homes and like the cost of living and all this other stuff. Like, come on. Like, you could say that the system is still chugging along, but to say that they're just fine is not like the same thing. Yeah, the value of the yen has completely plummeted, and I feel like the people that make these arguments, you have the same arguments here in the US. They just categorically ignore the fact that the value of the currency is plummeting. I don't know how it short circuits my brain. I don't know how you can ignore that, but they do. It's the same argument here as it is there. It's the whole, well, it's not my problem situation, right? Paul Krugman is like the champion of this. Well, I'm not experiencing inflation, so clearly inflation doesn't exist at all. It's like, yeah, OK. All right, dude. These arguments, after you've studied Bitcoin for a while, these arguments start to sound really ridiculous. I'm reminded of this one. So we've got this guy. He might be in the audience right now. Wade, if you're here, shout outs to Wade Hook. He's in the Bitcoin Veterans Group, and he's very involved with Orange billing the state legislature of Alaska, and he wrote a letter to them that they responded to, and it was just the typical nonsense BS. And it's the same stuff every single time. It's quite ridiculous, actually. I feel like I should read it to you guys. I don't want to belabor it, but it's dumb. How about a couple of excerpts? Do it. All right, give me a moment. We all want to hear it now. Alex, while you find that, I want to reiterate your point. I think it's a really important point. It reminds me of my time in DC. I spent all these years in DC with these guys that I thought were so much smarter than me. They had worked on Wall Street and gone to Ivy League schools, and a lot of them work in economics and all this shit. And I remember not understanding all of it. I was like, well, I just work in tech, whatever. I don't understand the financial system. I make money. I pay my bills. And it's so interesting to me. People that are listening, don't let anyone tell you you're not smart enough to understand this because it's just bullshit. I think back, and I think to them trying to explain all these complex systems to me and being like, oh, I don't know. They must just be smarter than me. And now, fast forward 10, 20 years, you get into Bitcoin. You start understanding these systems and how they're actually intentionally designed to be complex and that it doesn't have to be that way. It's actually the most simple system, Bitcoin, that can solve all the problems. And so I guess the point really is just these people are not smarter than you. There's nothing that they know that you don't know. They just don't want you to understand it. It's like the Wizard of Oz, right, Michelle? If the dog pulls back the curtain, there's Terrence there pulling a bunch of levers and yelling into the thing. They're all humans. Hey, Michelle, do you think that it was because you were able to put in the work once you got to Bitcoin, whereas before you just weren't willing to put the work into trying to understand what they were telling you? I think to some extent, I definitely didn't make a lot of effort. I was like, oh, that's complicated. Let me just stay in my lane. I was working in big tech and I was like, tech and startups, that's my world. I don't care enough about that.
A highlight from BREAKING! SEC SUBPOENAS PAYPAL OVER PYUSD STABLECOIN!
"The SEC subpoenaed PayPal over their new stablecoin. A Swiss bank launches Bitcoin and Ether custody and trading services. The UK releases new crypto marketing rules. And Japan is about to start QE. And this is a sign of what's to come globally. 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, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, the big news this morning is that the SEC served PayPal a subpoena related to the firm's stablecoin. PayPal also said in its quarterly report that it is cooperating with authorities in its request for documents relating to its stablecoin. Now, the headline can trigger some folks. The SEC is going after another firm, but a subpoena is not necessarily a bad thing. They just want more details. The question is, what do they do with those details? Because we've seen the SEC act unlawfully and they've done things politically to try to slow down many crypto companies, which haven't done fraud. Just there's no fraud happening, but the SEC is trying to roadblock and we've been talking about it. It's because Elizabeth Warren is working with a lot of the incumbents and they're trying to kill these crypto startups. So the big players can come in and take over. So let me give the details here. Here's a quote on November 1st, 2023, we received a subpoena from the US SEC division of enforcement relating to PayPal USD stablecoin, which is P Y USD. The subpoena requests the production of documents reads the report. The payments firm said it is cooperating with authorities. So a subpoena from the SEC is a legally enforceable request for documents, testimony, or other evidence issued as part of the agency's investigative authority into potential violations of federal securities laws. Now, folks, I've often said on this podcast, it's not the underlying asset. That's the issue, right? It goes back to the ripple case intrinsically as stablecoin is not a security. You can launch a stable coin today. It's pegged to the dollar one -to -one that does not make it a security. What does, what can make it a security and the potential scenario is the packaging, the scheme, right? It goes back to the Howie test. Was it the oranges intrinsically by nature securities oranges on a tree or in the supermarket? Of course not. That's asinine, right? It's the packaging. What was Howie offering? He was saying my orange girls come invest in mine and you'll get X and X returns and all these things, right? He, it was a whole packaging scheme. That was the issue. Same thing with crypto and stable coins. They're not intrinsically securities. It's rather Howard, a package. So that's the distinction. But, you know, Gary Gensler is a clown scumbag regulator who would lie and say, Oh, they're all securities by nature. And so, but the courts are shooting him down. I'm giving him the big fat L's. So the subpoena itself, like I said, not necessarily a bad thing. They want more information. What they do with it next is the key because, uh, will they go political and unlawful and use lies and hypocrisy like they've done in these previous lawsuits to try to take down PayPal stable coin that is to be seen. So we'll see where this goes. And, uh, the fact that the sec is trying to say stable coins are, are securities is even crazy. Like it, because they're just pegged to the dollar. It's ridiculous. Now, neither Paxos or PayPal has, uh, you know, have, have replied to any comments or, or release any new updates. So Paxos is the company that helped PayPal to launch their stable coin. Remember Paxos also helped, um, be USD to go live finances, stable coin, which, you know, the government shut down essentially. So we shall see where this goes. And in August PayPal and crypto infrastructure provider Paxos announced that the duo would enter its stable coin race with their P Y USD offering reportedly backed by treasuries, dollar deposits, and other cash equivalents. The stable coin is expected to be pegged to the U S dollar and run on Ethereum. So let's see what the sec does after this. The ironic thing here though, folks, right. Is that Congress is threatening subpoenas to Gary Gensler and the sec for delaying the release of all communications and paperwork. They were dealing with, with FTX, right? Patrick Henry's like, I don't want to be the first, uh, you know, uh, speaker here to threaten, or I should say issue a subpoena against the chair of the sec. But this is the unbelievable hypocrisy we're dealing with. Right. And we know that the sec it's a mixed bag. They're doing a lot more bad than good. Yes. The sec has a job to do. Yes. They have to protect consumers yesterday. They filed a lawsuit against these safe moon folks. That's clearly a scam, but at the same time, they're fighting Coinbase, right? And they're delaying the Bitcoin spot ETF. And they're trying to stop many different things that are not fraud related or have anything. They're not scamming people like going after PayPal. I don't believe there's any fraud here. I could be wrong. Maybe there is. Right. I'm not saying either way, but let's see what they go. Will they Sue PayPal? I think that will be a big red flag asking for information. No problem here. Right. And PayPal sounds like they're cooperating. You're like, Hey, you want to see the documents? Here you go. Right. We have nothing to hide. So, uh, let's see what the next step is, but you know, I don't trust scumbag regulator, Gary Gensler. I think you all see what this guy's doing. He's a gimp on the leash. Uh, Elizabeth Warren has control over him and you know, both of them are working on behalf of incumbents. So, uh, interesting news here, folks. Now let's move ahead. Swiss bank launches Bitcoin and ether custody and trading services in partnership with Seba folks. We're seeing stock exchanges, banks, and the largest financial institutions around the world adopting crypto. And you know, some people are still bearish, right? I'm sure you sure you can be bearish this week and in the short term, but long -term I hope you're bullish. I just reported on Monday, guys, that Thailand's fourth largest bank buys $103 million taken a new crypto exchange, or I should say an existing crypto exchange by the name of satang. So I hope you see what's taking place here. Uh, let me give you the details. Um, so one of Switzerland's largest cantonal banks has launched digital asset custody and brokerage services for its clients in partnership with Seba bank this week, St. Gaylor cantonal bank, if I'm saying that right, announced the launch of custody and training services for Bitcoin and ether to select group of clients as GKB added that it has plans to expand its digital asset offerings with the addition of more cryptocurrencies based on client demand as GKB is using Swiss based Seba bank to provide digital asset brokerage and custody services. Here are some quotes. We are very pleased to be able to support St. Gaylor cantonal bank with our expertise in expanding their services around digital assets. Seba bank had B2B and custody solutions. Christian beer said St Gaylor cantonal bank and Seba signed the contract earlier this year after a short implementation project as GKB is now ready to offer access to cryptocurrencies to a selected group of clients in the first step, Bitcoin and ether other currencies will follow shortly. Barry told a block folks huge, and this is primarily to institutional clients. So a lot of capital is going to come into this market. This is why I'm bullish. This is why I don't care if the price crashes by 10K today. It doesn't phase me because I know it's all market cycles and from the macro, right? The two to three year view, the market cycles playing out on the four year cycles, you will make money by the blood industries, by the dips, huddled, you know, don't, don't look at the price every day. And then as we run up, take your profits folks, it's playing out right before our eyes. And if you're here listening, you're here early, you're taking a position, buying the lows you're on, you are on the side of smart money because there's billions of people not paying attention and they will eventually come in and buy the top, right? It's the dumb money crowd, but that's the age old tale, right? It happens with stocks and other markets. It is what it is. This is why education financial education is important. And I'm glad I'm here early now, quick word from our sponsor and that is Uphold, which is a great crypto exchange that you can buy all the top cryptocurrencies. They have 260 plus cryptos on their platform. They have a lot of great features, full functional app, full functional website. They're safe to use. I've interviewed the CEO, the CFO. I've been using them since 2018. You can also trade precious metals on this platform, as well as 37 Fiat currencies. And they're available in over 150 countries. They are 100 % reserve. They don't commingle your funds. They don't lend out your funds. So they do audit. So your funds are safe. So if you'd like to learn more about Uphold, please visit the link in the description. Now we've got news that the UK regulator publishes guidance on new crypto marketing regime, the financial conduct authorities new ad regime took effect in October under the new rules firms are required to include appropriate risk warnings on all their communications to UK customers that have a promotional element. The regulator has already added 221 firms. It deems non -compliant with a new regime to an alert list and has promised enforcement action on companies that are not careful with approving ads. So folks, I don't have a problem with this because they're not banning crypto and they're not banning crypto companies. What they are saying, Hey, follow these rules and regulations when it comes to marketing. So you can't make, you know, and maybe any outlandish promises, or you don't exaggerate the truth on what users can expect to earn or get a return. So I don't have a problem with that, right? They're not saying you can't market. They just think, follow these rules and stick to these guidelines. And most likely it's, you know, around verbiage and things you can say so this, this is rules that are applied to the stock market and, and, and loans and credit cards and still port, right? You can't say certain things you have to abide by the rules. So I, I'm totally fine with this, but I think we're going to see more and more of this around the world that people can make, you know, outlandish the promises. And, and this is good because look, you have these like safe moon scam projects and these things that pop up around the world. And if they say, oh, you're going to get this and that, and that, and it's just like, that's not reasonable and that's not a factual then. Yeah, that's not good for consumers who may not know better and they can get caught up in scams. So I think this makes sense now, folks, Japan stimulus package to include 144 billion in spending a draft plan show spending at around two, excuse me, 21 .8 trillion yen funding in extra budget to reach around 13 .1 trillion yen. You may say, Tony, why are you telling us about Japan stimulus package? What the hell does it have to do with crypto? Well, folks, it's the cowbell, right? If you saw my interview with Rao pal recently, and we talked about M2 global M2 money supply, the liquidity is coming back. Folks. What have I been saying? Beating the drum, the quantitative tightening will come to an end, right? There's quantitative tightening happening in the U S as well as all the parts of the world. We're seeing quantitative easing starting to come back, right? Just about a week and a half ago, I told you about China injected in the tons of capital into there. I think it's a real estate market and the banks and so forth right now, all of a sudden Japan is planning to print money and offer stimulus folks. What have I been saying? Right? I hope you see what's happening. It's they can't help themselves. They have to do it. We live in a debt based system. So what does that mean? Assets will rise. The price of assets will rise as liquidity and they continue to print money increases once again. And this is why you diversify. Yes, crypto, yes, stocks, real estate, and so forth. I have an investment property. I own some stocks. I have, a retirement account and so forth. And then I have crypto folks, assets will rise again. So I hope you understand this because it's very important to know these fundamentals and these principles of what's happening and how the money supply works and how that impacts asset prices. And like I said, I shared with Raul Pal's chart from just a couple of days ago, where he highlighted Bitcoin is moving. The price of Bitcoin is moving with the global M2 money supply. And we are seeing a move upwards. Folks, I want to give you a quick note here. Joe Biden, the president of the United States will most likely follow this game plan that Japan is doing. Watch the money printing come back next year. Why? It's an election year, right? They have to come out of this really bad situation. We're in with recession, high rates. I definitely think we're in a recession. They may try to skew the day to say, we're not, we are in a recession. And I think they're going to go back to money printing next year. And then we're going to see assets go up folks. And funny enough at times with the four -year cycle of Bitcoin. So just get ready. Like I've been saying, buy the dips, dollar cost average, obviously be smart. Don't put your life savings into investments. You need to have emergency cash. You need to be diversified. Like I said, I got money in stocks and investment accounts, also crypto. Crypto is the one doing the best for me, of course. So just keep these things in mind. I'm sharing these things because once I understood these principles and what was actually happening with money printing and how you can use assets to outpace inflation and grow your wealth. That's when I started making money. That's when my retirement accounts started growing because I figured it out. Like believing it in a bank and getting next to nothing from an interest rate standpoint. I was wondering, is this it? You get what 0 .01 % return on your money in the bank. It's nothing. It's garbage. But when you understand assets is the way to go. And as Paul Tudor Jones said, Bitcoin and crypto is the fastest horse in the race. So crypto is moving at a much rapid pace from a growth standpoint. And if you look at the data, Bitcoin is the top performing asset over the past 10 to 15 years. It's pretty incredible. Well, folks, that's the news. Let me know what you think. Leave your thoughts and comments below. Hit the thumbs up button. Don't forget to follow me on the social media platforms, TikTok, Instagram, Facebook, LinkedIn. Links will be in the description. Also sign up for free newsletter. Thank you for listening. Thank you for watching. And I'll talk to you all later.
A highlight from 1:58 / 19:35 Banter Bubbles & Bitcoin Trading Indicator Top 3 Altcoin Sectors For November 2023 (Solana, AI & M
"Many altcoins are absolutely exploding right now. You can see today Solana is up over 20%, Rolbit's up over 17%, NEAR's up 16%, Uniswap up over 17%. Alts are going mental and this is off the back of a really strong Bitcoin run in the month of October and now leading into the month of November. So in today's video I want to talk about three of the altcoin sectors that you should be focusing on in the month of November as potential outperformers. We all know how important it is in a market like this to be able to identify the strong narratives especially if the market continues in its positive direction you want to make sure to capitalize by being in the strongest sectors. So before we get into those three sectors let's look where the market currently sits. The way I'm thinking of Bitcoin right now on the higher weekly time frame is in terms of ranges. You can see here that Bitcoin has broken above the range high at 31k and is now in a range between 31 .5 and 42k. You can see here that the bottom range was 18k to 25k 25 to 30k and then from the current range higher to the next all -time high you can see that's one other big range. So Bitcoin doing a lot of the grunt work here for the rest of the altcoin market breaking above this level structurally looking really good on the weekly time frame. If we head over to the monthly crypto charts we can see that November was an exceptional month for Bitcoin rising over 28 .5 % but November also historically is actually crypto's best month so November coming in at 35 .51 % whereas October historically averages out at 26 .9 % so that's just a little bit of an indicator that the party may be over just yet for Bitcoin. Of course though Bitcoin dominance has still been going up now it's starting to reverse a little bit but by and large for the altcoins to start significantly outperforming although we are seeing some sector outperformance now you would want to see a concrete reversal on Ethereum. So looking at the ETH BTC chart right now you can see we're currently sitting below range low on the weekly time frame. Super important for altcoins that Ethereum can get above this level, hold above this level and then start to break this diagonal orange line here. Start to do that and ETH would start to look really nice versus Bitcoin and ETH as the leader of the alts would definitely signal some sort of bigger altcoin rally. So let's see if this ends up being a deviation below like it was the prior time last June when ETH BTC dipped below range low. So this is definitely a chart that I'm looking at right now it is starting to reverse a little bit cannot hold hold above that support line that will be super important for getting confirmed entries on not only Ethereum but also a lot of other alts. So let's move into the narrative space now because we know Bitcoin looks really good ETH BTC starting to show signs of reversal the market looks good but that means nothing if you're not in the right coins. So at the moment a really interesting trend is starting to present itself and that is the coins that are performing super well now are also many of the coins that were performing really well in January and February this year. So it's almost as if the market just decided to take a sabbatical so in order to trade successfully now all you really need to do is look back to January and February to find the strongest narratives. It appears as if the market dynamics haven't changed that much since earlier in the year and that's why you see coins like AI coins and Chinese coins starting to come back to the forefront now the market is getting a little bit more strength. So out of this list I'd love you to answer in the comments below what narrative are you most bullish on for next cycle? Is it AI? Is it real world assets, gaming, ZK, LSDs, DEXs, SocialFi, NFTs, L2s? Let me know in the comments below. For me I think real world assets are a super interesting vertical obviously I'm also pretty interested in the AI space but I think it's still relatively early the ZK space I think will be super prominent we need privacy solutions and scalability so I think that'll be prominent of course crypto gaming as well is something I like but let me know in the comments below I'd be super interested what narrative are you most bullish on for next cycle in this space? Alright let's get into the three narratives that I'm looking at for November. Before we get in I want to give a quick shout out to one of our official show partners SmartX. They actually just announced their official integration with 1inch which essentially unlocks a new world of possibilities given the fact that SmartX's pools can now be seamlessly accessed and swapped directly through MetaMask and hundreds of other apps that are partnered with 1inch so I think this is a massive step forward for the platform and if you do want to access any of these pools you don't have to go through MetaMask you can use the link in the description and go directly to their website where you can earn super high APRs across a variety of pools across Arbitrum, Ethereum, Polygon, BNB and Base and of course the value prop of the exchange is the fact that they are a solution that mitigates the negative effects of impermanent loss when it comes to LPing if you've ever LP'd I assume a lot of you did back in the bull run you would understand the frustration when your token balances get skewed so that is a problem that SmartX is solving with their proprietary impermanent loss algorithm so link in the description if you do want to check out SmartX and deposit liquidity into any of the pools to get access to some of those crazy APRs for passive income. The first narrative I want to discuss in light of the strongest trends I'm seeing for November is the AI sector.
A highlight from Bitcoin is a "Safe Haven Asset" | Privacy and Security | Unleash the Power of Bitcoin with SVRN Energy Drink -- November 1st, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer 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, all right. Good morning to all of you Cafe Bitcoiners. How y 'all doing? What up, y 'all? What up? Terrence, bright and early. Isn't it like 4 a .m. for you or something like that? Uh, 7, but yeah, it's early. All right, let's roll. Let's see, it is November 1st, 2023. Welcome to Cafe Bitcoin. This is episode 467. Shout -outs to our supporters on Fountain, NostraNess. Our mission for the show is to provide a signal in a sea of noise teaching people on this planet, the other 7 billion people on this planet, why there is hope because of this bright orange future we call Bitcoin. We've got a lot of stuff lined up for you today. On today's show, we're going to be covering new comments from Gary Gensler, Mohamed El -Erian, possibly Stanley Druckenmiller, and also the current bullshit lizard attacks on private property and the weakest members of our society because you're not supposed to basically, I guess, have your own money anymore according to some of these psychopaths. So yeah, we're going to talk about that too. I guess this thing with Druckenmiller is getting a lot of traction. Have you guys seen this? Why don't we start with that? I listened to it. I thought it seemed completely incoherent in my opinion. Maybe I'm just not that smart, but a lot of people are tweeting about it, talking about it. Let's, for those of you who had, let's get some context in here. Let's play the clip. But is there any way around monetizing these debt levels? Is there any way inflation is not here to stay? Yeah. I, yeah. We could have a long term. Look, I don't have to worry about the long term, my day job, but I will say this. We could have an event. I don't know whether, hopefully it's not a war of major powers that bring us together and you get sacrificial behavior like we got after the depression in World War II. We can have a financial crisis due to everything I've been talking about. And finally, my generation, I think Paul Jones made the point, we've given nothing. We've given nothing. And now we want to screw our grandchildren. Finally, we get the memo. So no, I'm not, I'm not that pessimistic. And I'll say the other thing I'm optimistic about. Jerome, no, Jerome Powell normalizing interest rates. Yeah. We now have a hurdle rate for investment in this country. So I think the allocation of capital, ironically, if we don't go to the, you know, the zombie route and if we don't continue the drunken, so ironically, I think it could be, it could be a force for good because instead of funding a bunch of nonsense and bubble stuff, the capital gets more properly allocated. So look, I'm open minded to a really bad outcome and I'm open minded to a decent outcome. But we need, we need to cut the title. I'm here today not to talk about Janet Yellen. I'm here today. Guns and butter this morning. I could have written it. By the way, I didn't. We've got to stop, guys. We're drunk. We're digging this deep hole. What are we doing here? So what, what's more important? You can cut it there. I'm just going to say like, I don't disagree with what the man is saying, but it seems just like more of the same to me. I don't know. I don't, I don't see that there is a really a coherent point there because like if he wants to clean the system out, I get it. But they can't do that. So what? Help me out here, guys. Tomer, what are you thinking? Yeah. I mean, listening to him talk, sometimes I feel the same that he's, he's got some points. He's on a bit of a rant. He's on a bit of a ramble, but he cannot find his way out. He sees the pros and cons of different things. You know, when he's talking about maybe the higher interest rates, at least bring a rational allocation of capital back, back to markets. Just imagine if interest rates were not set by one man, you know, as one dictator of interest rates, but by the free market. That's, that would be something that's a move in the right direction.
A highlight from AI in Healthcare with Adam Odessky, Sensley
"Start the proverbial stream and here we are this is indeed yes yes yes as it is right now hello ladies and gentlemen boys and girls here we go welcome welcome welcome to VUX world I'm your host Kane Sims and I am with today Adam Odeski from Sensely. Adam hello. Hello Kane how are you? Good to connect. Good to connect long follower time first -time caller that's me to you not you to me I've been following you for a long time definitely definitely yeah it's I'm so glad that we can connect and definitely definitely appreciative of your of your time and we're gonna jump in in just one second but very firstly before we do that I just want to quickly give a shout out to everyone who's tuning in whether you're on the podcast whether you're on LinkedIn YouTube wherever you are we are doing webinar a on it's it's a fortnight it's probably two weeks away now depending on when you listen to this but it will be on the is it the 9th let me just double check my dates the 9th of November save the day 9th of November and what it is is we will be joined by wisdom we did a webinar with them previously we had a look at that tool we had a look at the conversational analytics components there this time we're going to be taking you through a framework for chatbot improvement and this is the whole kind of theme for this is patronum expecto summoning the majesty of chatbot improvement if you in fact if you're a Harry Potter fan you'll like the the theme for this one but even if you're not Harry Potter fan doesn't really matter because it's not magic it is a proven framework it's a step -by -step process and we're gonna walk through some case studies and some examples of how you can first find the things that need your attention so you're not working on the wrong things you make sure you're working on things that are moving the needle what kind of things can you do to remedy it how do you track improvements over time and how do you make sure that your chatbot is constantly delivering value to to the business so if you are interested in joining that you can go to V UX dot world forward slash events or you can go to the V UX dot world website and the events tab there and feel free to enroll and join and we will see you next Thursday alright as I said thank you Adam for for joining me well let's let's kick off let's kick off with with yourself first of all and we'll get into sense because I know since he's been around for a long time actually so tell you tell us tell us a bit about yourself and how you how you kind of got involved with essentially oh yeah sure so I've actually been in the avatar or the voice user interface world for a very long time my first job out of college was actually with the Oracle voice lab in Chicago where we were building enterprise this is back in 2001 I guess I'm trying to kind of figure out I'm getting old I feel pretty young feel like a kid still but I guess I'm pretty old now but back into back in the early 2000s I could say my first job out of college was with the Oracle voice lab and the goal of the Oracle voice lab was to build enterprise voice applications that would sit on top of the Oracle application server so things like email and calendar and files things like that sort of like what Siri does today or the Apple you know the smartphones do today we're building in voice with voice applications and the goal for establishing the Oracle voice lab and these applications was basically one executive at Oracle who wanted to listen to his email on his commute in Silicon Valley from like his his place in Santa Cruz up to Redwood City so he really wanted to like listen to his emails as he was driving he's like okay well let's let's establish this lab so we can build these voice applications like what I have to do for the day and my emails from the last night and my first sort of I guess claim to fame or one of actually the first applications that I wrote was voice access to email where it was based sort of a voice made a voicemail model and it's interesting with the voicemail model because back I guess voicemails you can just tap and listen to voicemails today but you know quite early before the way the way you would listen to voicemails is that it wouldn't go from the the latest voicemail that you have down to the earliest unread voicemail it would start at the earliest unread voicemail that you have and go up to the latest so more chronological order and so that was the pattern that we used for building voice access to email we wanted it to be just like voicemail and that was kind of a tricky algorithm to figure out which which of your emails is the most unread one you know the earliest unreading you have so I had to like build this application to sort of start with that earliest unread email and they had maybe other unread email scattered throughout your inbox but the earliest that was in chronological or in like pattern order that also follows other unread emails all the way up to the top and we use kind of a it was like a Genesis platform or the voice genie platform IVR platform at the time to to basically use voice XML right and I was a voice ex developer I started out as a voice XML developer to to build these to build these applications and besides email I built you know calendar and you can listen to like you you know the appointments so you have for the day and and you know in file so it's kind of an early version of a voice based assistant digital assistant you can you can compose new emails and you would use your voice to basically compose the email so we didn't have great speech -to -text technology back then so the the emails would come as with a voice with an audio attachment basically of your recording but we had you know a large grammar for and we had recognition to like basically say the name of the person that you're trying to email so that was kind of early experience one of the earliest they think experiences in building these kind of voice only IVR applications for enterprise right for personal information for information management that that employees could use whatever they were away from the phone so that was sort of the start of my career that's how I got into this space building these applications later on I actually worked on a real voicemail product that was based on email except the emails were actual kind of deemed as voicemails you can just listen to your voicemails that used email servers to basically be transferred around and later on I went after that I went to work for for tell me networks which was later acquired by Microsoft and there's another example of a similar thing though wasn't it an IVR based assistant that's right that's right and tell me networks had a very actually large enterprise business as well and this is where I got a chance to work with big companies building both inbound and outbound IVR applications for their customer service so we worked with you know companies like United Airlines and E trade a bunch of a bunch of these big names insurance companies like Humana etc and I always had a I had a kind of a niche for health care you know on the my family had a lot of kind of health care issues over the years my grandma especially had heart failure and it was interesting I was so experienced with these customer service IVR applications but if you look at you know the way doctors work the way hospitals work they hardly use any of these kind of technologies to communicate with their patients it was always difficult to get a hold of a doctor was difficult to book an appointment and especially people with chronic conditions you know they they hardly ever followed up and you know the way the better these conditions is for you to check like you check various vital signs like blood pressure and weight and you know other things like glucose levels if you're diabetic and I always like I wondered why is the healthcare industry so far behind you know travel and transportation for instance or insurance or you know hospitality and those are the industries I was mainly dealing at tell me and Microsoft and so that's kind of that itch became sort of a passion of mine to build something that was similar to what I was building in you know it tell me in it oracle but specifically focused on the healthcare industry to do these kind of IVR outbound follow -ups and you know conversations where somebody can report something new or report their symptoms and that's sort of the that led me to eventually start building out Sensly to focus on that part of the industry which I thought was very much underserved but at the same time the need was I thought higher than and you know both the social need and the financial need you know was it was higher than any other sort of enterprise applications I've ever worked on and that was sort of the focus that I started the path that I started going on which eventually led to creating Sensly and then here we are yeah here we are the rest is history so they say that's really interesting that the the stuff from from before they're kind of like the tell me stuff in that was that using like keyword recognition was there like it and it was that one of the first sort of like intent based NLU systems like what kind of stuff was that using and and how did that inform what you wanted to do when you started building Sensly yeah so back then tell me and a bunch of other companies in the space this is around you know 2005 2010 I would say that that period in time that was still heavily using voice XML as a language for creating these applications the way voice XML works it's very similar to HTML where you would specify these tags of prompts that you want the you know the voice bot or the IVR system to say and then you'd have these grant would call them grammars back then I haven't used that term I haven't heard that term now being used in a while but you would build grammars of the things that you wanted to recognize and now I guess these are called intense and the way you build grammars there's a bunch of these grammar specifications like GSR and and some other ones but they kind of involve both sort of specifying the kind of keywords right that you want the system the speech recognition system to to listen for and some of these can be very large you can have a very large data set of keywords and then you could also specify like slot fill so which which keywords or which words or which phrases I need to be assigned to a particular slot and that's kind of a definition of an intent right you have a bunch of these kind of phrases and patterns and there's a lot of these pattern matching type of scripting involved into figuring out like these particular patterns and these kind of patterned orders is what a person has to say in order to fill this particular slot and that's the intent definition I think is much more broad now and you can specify a lot more things you'd be able to specify before but you know the GSR and the other kind of grammar definitions that then we're pretty sophisticated the the the speech recognition systems obviously weren't as sophisticated because you didn't have this speech -to -text translation that you have now and the matching of the speech recognition system was specifically done on these grammars you have to pass it into the speech recognition system specifically what you're looking for and it'll tell you whether there's a match or not now what it does is obviously translated to text and then you can do a lot more more specific and more customized matching on that text to figure out exactly what you know what you're looking for what the intent should match to what do you think because that because voice XML not very many companies use voice XML anymore don't do they where our CTO Justin he was saying that there's a lot of functionality that voice XML had that now doesn't kind of exist like what was how is there anything from your perspective being lost in the kind of transition to that more sort of speech recognition translated to text pass it off to a to a you system and like is there yeah is there anything that you think it's been sort of lost there was any benefits to it over and above I think the specification of how you would listen for particular types of phrases or particular kinds of intentions was much kind of easier to imagine for a developer to kind of figure out like this these are the kinds of things that I'm I'm listening for but I don't think there's anything that's been lost specifically I think there's just more features that were more obvious that made people think about how to develop an application like the these grammar specifications so they'll turn out a lot like what exactly this is do I want from this and it's harder to do that now with just speech to text where you're getting like a text string the other thing that you know in text -to -speech you use SSML which is a markup language to specify like the prosody or how the language or how something is pronounced or how something is spoken and I see fewer and fewer companies and developers using the power of SSML to specify how to pronounce specific specific things they kind of rely on the text -to -speech engines to just give them what they want when they give it the text without thinking about how that text should be spoken but the SSML inside voice XML kind of provided sort of an obvious way and made the developer think or the designer think about specifically not just you know what what the text should be spoken according to design but how the text should be spoken what kind of tonality to use what kind of prosody to use where to put in the specific like excitement or emotional cues we do that quite a bit at Sensley because you know healthcare conversations by nature have to be empathetic or we want them to be as empathetic as possible to reassure patients or to reassure you know people that everything's gonna be okay and we use quite a bit of that's a smell in our work but I don't see a lot of designers well building voice applications do to these things today because I don't think a lot of them actually know that SS this even though you can and most text -to -speech engines you can embed us SSML inside the prompts but they're just not well known yeah I agree and then that's that's with a voice user interface all you have is what it sounds like so like this is ML is a crucial sort of design tool to make sure that you can create the experience in a way that people expect you know so I definitely agree yeah yeah there's such an underutilization of SSML I think the Alexa community that's when I first come across since it actually it was when I was kind of like you know really tracking the Alexa movement we were building out and designing Alexa skills and Google actions and stuff and that I think Amazon did a pretty decent enough job of kind of you know educating people about SSML but the the community now is there's people come from absolutely all over the place some people come for messaging now they're kind of doing voice some people come from the contact center kind of like getting into it that way and so I agree there's definitely a gap there in people's one maybe is understanding and to certainly usage of SSML and it doesn't make a huge difference and if you look at the rate then you know the ratings for how people have people complete conversations what people actually think of the of the you know that the voice bot those things really make a difference as far as like judgment as far as appreciation as far as empathy and connection I think those are important tools to build really high quality voice applications definitely so so so you you left what was then Microsoft then you you think you are you identified that there's a an opportunity in healthcare you had the idea for sense Lee where did that kind of begin it was 2013 so it was a while ago so what were the first kind of few years like of getting essentially going yeah so since Lee actually started in the orange voice lab or the orange the orange lab or is a large telecommunications company you may know based in France yeah in the UK as well used to be France telecom and so I worked at the local research lab here in San Francisco that's where I built the first prototype of the avatar having conversations with patients that was the original sort of goal of my project at that point in time avatars only existed on the web via Adobe Flash I remember that yeah it was important you know at that point there were no avatars for the mobile phone right down to the kind of for avatar creation tools so what I did was this is like the hack at the time I made Adobe Flash work on on the iPhone and was able to make it the avatar work on both Android and and the iPhone and the first sort of applications were kind of a symptom checking a symptom checking tool and that's when you know like I displayed this tool at like like an event one of the events here in San Francisco it was health 2 .0 and I got like a standing ovation based on this avatar that like this talking avatar nurse that that I built as a demo and orange got really excited and they allowed me to spin out the company and that's what became sense Lee and that's how since we started in 2013 he knows actually a spin -off from orange and the first application that we built was the symptom checking application that was able to essentially that we marketed it as a virtual nurse a virtual avatar nurse that you can get on your smartphone and you can tell it what your symptoms are and it would basically navigate and ask a few questions navigate you to the appropriate place for care for care and we we we started the company we joined a couple accelerators there was our initial kind of fundraising is that we got a couple hundred thousand dollars for from alchemist accelerator and a few investors and our first big client that we landed it was actually the NHS which you may be familiar with the National Health Center here in the UK oddly enough we're a u .s.
A highlight from Bitcoin Whitepaper Day & the Treasury "Borrows" $1.7 Trillion with Dr. Jeff, Joe Carlasare, Wicked, and Ant - October 31st, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer 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. Happy Halloween, folks, and happy Bitcoin white paper day. Today, 15 years ago, was it 15 years? It's been a bit, been a minute. Satoshi released the white paper for Bitcoin to the world, Bitcoin, a peer -to -peer electronic cash system. We're going to talk a little bit about that today. Good morning, everybody. Good morning. Good morning. I remember the premiere of Thriller on MTV. You old. I am old. Good morning, Nicky. Good morning to all you Cafe Bitcoiners out there. Today is Tuesday, October 31st, 2023. Welcome to Cafe Bitcoin Episode 466. Shout -outs to our supporters on Fountain and Nosternes. Our mission for this show is to provide the signal in a sea of noise teaching the other seven billion people on this planet why there is hope because of this bright orange future we call Bitcoin. You guys want to dig into the white paper a little bit? I'd like to pull it apart, if you guys are up for it, not pull it apart, but just investigate it deeper. All right, so I'm going to read some of this and then we can talk about it. A purely, so this is the abstract, a purely peer -to -peer version of electronic cash would allow, would allow online payments to be sent directly from one party to another without going through a financial institution. That in itself is incredibly mind -blowing and groundbreaking. That's something that we need today. This morning, prior to the show, I was out in the front yard talking to the guy who's giving me a quote or a bid to do some stuff in my yard or whatever, and we got to talking about that and how draconian everything's become and, you know, in a lot of ways like it feels like the walls are closing in for some people. I don't feel that way because I have Bitcoin, but I mean, just listen to this guy talk about it. Like he's very, very aware that the lizards are out there making life hard for people and that's not, probably not going to stop. We're in, you know, we're in late stage fiat collapse in my opinion. It's it's begun and the signs are everywhere and that means things are going to get a lot of freaking weirder here in the years ahead and being able to send money directly from one party to another without going through a financial institution or a gatekeeper or requesting some government bureaucrats permission is probably going to be pretty important. What do you guys think? Yeah, I mean, I personally believe that if this doesn't work out, this is humanity's last shot.
"orange" Discussed on Bitcoin Audible
"Another thing to keep in mind is that Bitcoin takes no vacations and rings no trading bells. Imagine this scenario. It's a Friday evening, and as you're scrolling through your Twitter notifications on your way home, you discover that Silicon Valley Bank is in deep trouble, and the FDIC is poised to take over the bank. In traditional markets, you would have to wait three days to take action, whereas with such a Bitcoin money market fund, you could promptly unpeg your Bitcoin in a few clicks, thereby making a directional bet on Bitcoin pumping through the turmoil. Once we grasp the contextuality of liquidity, can we genuinely classify something as liquid if it's rarely tradable? Bitcoin may still lag behind in liquidity when compared to other, more established asset classes. However, it holds the potential to become the most liquid asset globally, firstly because as previously mentioned, it represents a pure form of cash and isn't tied to any person or institution's liabilities. Secondly, it can settle around the clock every day of the year. A Bitcoin-based money market fund would inherit this uninterrupted activity, a significant advantage when traditional markets operate only 252 days a year from 9 to 5, or even less for many banks. D. Seizure Resistance Lastly, such a Bitcoin-based money market fund would outshine incumbents thanks to its relative resilience against political and regulatory capture. In essence, the investment involves holding Bitcoin in a margin account hedged against the US dollar. For USD holders facing apprehension from the US State Department, this offers a more flexible and reassuring option compared to an account with a Federal Reserve-regulated GSIB. A prime example is China's current predicament. In the midst of an escalating cold war with the United States, negotiating bilateral trade agreements in Renminbi with most of its trade partners, and contending with asset seizures by foreign powers, a Bitcoin-based money market fund could prove invaluable. However, Xi Jinping will not entrust CZ, Brian Armstrong, or indeed BitMEX with the CCP's funds, especially after the FTX debacle. So wouldn't it be nice if we could find some ways to build such a Bitcoin-based deposit facility directly on-chain so that no one ought to be trusted with custody of customer funds? It just so happens we can. Part 3 Towards a Non-Custodial Future In practical terms, various methods exist for constructing a dollar-stable product using Bitcoin-covered short positions. This decision entails trade-offs. The choice is between maintaining a Bitcoin-covered short position through a centralized exchange, a route offering flexibility, high liquidity, and cost-effectiveness, but involving counterparty risk, or adopting on-chain derivatives contracts, a route offering greater security by eliminating counterparty risk, albeit at the cost of liquidity and efficiency. On-chain derivatives contracts on Bitcoin? When did this become a reality? To be precise, there isn't a fully operational on-chain derivatives market for Bitcoin at present. However, all the essential technical components required for such a market to emerge are in place, and several Bitcoin-oriented companies are currently engaged in experimental ventures. Although this article doesn't delve comprehensively into the entire spectrum of strategies enhancing Bitcoin's programmability, one avenue, discrete log contracts, or DLCs, stands out. Notably, DLCs align seamlessly with our use case and have undergone thorough testing by various teams, Sherdbits, Atomic Finance, LN Markets, 10101, etc. Discrete log contracts? In essence, a discrete log contract, or DLC, represents an off-chain agreement between two parties, wherein on-chain enforcement of payment is possible upon the fulfillment of specific conditions. If the reader is familiar with the Lightning Security Model, grasping the mechanics of similarities. Like the Lightning Network, DLCs enable parties to exchange off-chain, pre-signed Bitcoin transactions from a multi-sig wallet pre-funded by the two parties. This facilitates unilateral payout claims, even if one party fails to cooperate. As in Lightning, DLCs employ two-of-two multi-sig and pre-signed off-chain transactions. However, in DLCs, signatures are encrypted in a verifiable way such that they can only be decrypted using a certain oracle attestation. Because payment depends on an external event, a third party, termed an oracle, is necessary to provide relevant information for contract settlement. Fundamentally, DLCs allow either party to utilize their respective key along with the transaction, from the multi-sig to their own address. This transaction exclusively reflects the agreed-upon payout should the bet succeed. A detailed illustration of this process follows. Suppose I bet one Bitcoin against Allen's one Bitcoin, wagering that RFK Jr. will win the Democratic primary in 2024, a binary outcome space. Constructing transactions that spin the two Bitcoin from the funding transaction to our respective addresses suffices. In the first pre-signed transaction, spending the two Bitcoin to my address, Allen's signature will be tweaked in such a way that I would need the oracle attestation of RFK's victory to make it valid. And conversely, to make the pre-signed transaction spinning the two Bitcoin to his address valid, Allen would need the oracle attestation of RFK's defeat. If we concur on the result, I can request Allen's signature to broadcast the pre-signed transaction, thus securing my two Bitcoin payout. But in case Allen refuses cooperation, I can employ the oracle's attestation, issued upon confirmation of the event RFK Jr. won the Democratic primary, to execute a valid transaction transferring the two BTC to my address. Transactions of this nature, enforcing contract results, are termed contract execution transactions, or CETs. In the context of a BTC-USD future contract based on DLCs, complexities arise, in particular because the outcome space is no longer binary. Bitcoin's value could fluctuate anywhere between $0 and a gazillion dollars in a week. However, in practice, hedging exposure over a defined range, say between $20,000 and $40,000, is sufficient. Theoretically, the outcome space is infinite, but the ability to hedge within specific boundaries meets practical requirements. These boundaries can be further aggregated into large ranges as market dynamics allow. Mathematically inclined readers might note that an infinite set of real numbers still exists within a $20,000 to $40,000 interval. To address this, we can discretize the interval, creating CETs for every $10 increment between $20,000 and $40,000. The level of accuracy, whether $1,000 or $5 increments, can be chosen based on preference with the caveat that increased accuracy also translates to greater data storage requirements, as all CETs must be maintained until contract expiration. Hence, for a perpetual DLC swap with Allen, assuming a $10 margin of error, I would need to create a CET for each of the 2,000 $10 intervals between $20,000 and $40,000. Though, an efficient trick allows compression of this data, sidestepping the need for excessive local data storage. At contract expiry, the chosen oracles sign a BTCUSD price, enabling either party to employ the attestation for CET transaction completion, thus enforcing the contract unilaterally. This hinges on the fact that neither party can derive a valid CET without first knowing the corresponding oracle attestation. Continuing to hedge merely involves entering another DLC or quote, rolling the position, just as one would in a conventional market. In essence, DLCs alter the clearing mechanism more than the trading experience itself. However, trade-offs exist, with gains in one aspect balanced by losses in another. DLCs don't require deposit to a centralized exchange and offer commendable scalability and privacy, yet exhibit capital inefficiency and challenges in transferring the position. CETs generated off-chain, coupled with indistinguishable on-chain DLC footprints, ensure robust privacy, a quality enhanced by the fact that even the oracle remains unaware of contract terms or existence. Scalability. Since only one CET is validated on-chain, DLCs remain scalable, avoiding transaction bloating prevalent in smart contract-based DeFi on other platforms. DLCs, compared to traditional contracts, suffer capital inefficiency. Both parties must send sufficient collateral in the funding transaction to cover all contract outcomes. Traditional derivatives markets typically employ a capital buffer in line with net positioning, rather than total open interest, leveraging economies of scale. Transferability. Current solutions for transferring an on-chain DLC from one party to another are limited, although it's more feasible within a Lightning Channel-based DLC. This limitation complicates rolling positions, as it entails posting new collateral in a fresh DLC, while still having collateral locked until expiry in the older DLC. Given these considerations, it's conceivable that non-custodial products, yielding dollar-stable balances, could emerge over the next few years. Nevertheless, these alternatives carry higher costs than centralized counterparts. Practically managing DLCs, especially for frequent position rolling, can prove challenging and time-consuming, warranting the engagement of third-party service providers. Such intermediaries would likely offer services like CET backups, Oracleizing, and automatic generation of new CETs for position rolling. While these intermediaries wouldn't entail loss of Bitcoin custody, additional costs would be incurred and privacy lost. Matching buyers and sellers efficiently within a decentralized framework remains a challenge, at present necessitating intermediary creation and management of the marketplace, operating either as an order book or OTC desk. Furthermore, DLC position rolling involves publishing a CET at expiry and a new funding transaction for a fresh DLC, incurring two transaction fees that reduce net profits from Bitcoin-covered short positions. Though DLCs could be nested in a lightning channel to facilitate rolling positions, this last point is worth stressing. As maintaining a stable dollar value entails remaining hedged, one could well be forced to open, roll, or close a DLC in a high-fee environment, especially so during extreme market events as the opportunity cost associated with settlement delay rises. Yet, even with these extra costs, the funding rate data from Part 2 indicates potential for accruing positive real yields on stable dollar balances. These costs represent a modest price to pay for access to two complementary instruments, enabling end-to-end financial transactions without intermediaries, Bitcoin for long-term until fiat money fades away and Bitcoin can serve both roles at once. While the market underlying these derivatives trades will operate on the Bitcoin time chain, stable dollar balance solutions are not one-size-fits-all. An array of products with distinct value propositions is expected to emerge. Some will cater to individuals seeking readily available cash for expenses, while others will cater to corporations and financial institutions seeking inflation and seizure-resistant deposit solutions. There's even potential for packaging this into mainstream traditional financial products like ETFs. Interestingly, a Bitcoin wallet named BlinkBTC, formerly Bitcoin Beach Wallet, operated by Galois has already introduced such a feature. However it comes with a trade-off. Bitcoin short positions are executed through exchange APIs, and the user doesn't retain custody over their Bitcoin. This design necessitates margin being held at the exchange, entailing counterparty risk. Although this provides deep order book access and cost-effective pegging or de-pegging of Bitcoin, it involves a level of trust in the wallet provider and the partner exchange. In a similar vein, LN Markets is currently exploring the concept of an OTC desk for DLC-based Bitcoin futures. This initiative could render the process more appealing, enabling corporations and individuals to hedge their Bitcoin exposure on-chain with minimal trust requirements, privacy and relatively low overhead. Imagine a Bitcoin miner paying for energy in fiat but earning revenue in Bitcoin. The Coinbase transaction obtained by mining a new block isn't spendable for the next 100 blocks, forcing the miner to bear currency risk. A similar situation arises for power companies selling electricity to miners. They supply kilowatt hours up front and send a bill 15 to 90 days later, a timeframe where both Bitcoin's price and hashrate volatility could lead to the miner's bankruptcy, often leaving the power company with a worthless credit. This credit risk could be eliminated by the mining company streaming SATs to match consumption in real time, while the power supplier automatically hedges to maintain a stable dollar value until they choose to convert the Bitcoin to fiat. While this may look like a niche market, the potential for substantial innovation could drive increased volumes, especially if asset managers offer such products in institutionalized wrappers. As previously mentioned, high net worth individuals, corporations, financial institutions, hedge funds and even sovereign entities are in search of inflation-resistant and seizure-proof dollar deposit solutions. Though they currently rely on money market funds yielding slight positive rates, this trend may not persist due to ongoing monetary tightening wreaking havoc in the banking sector. Asset managers, however, cannot offer such products by holding fund assets on centralized exchanges. Even if they were willing, regulatory constraints would prevent it. Yet, by managing assets on-chain, either directly or via an audited third-party custodian, legal objections would likely diminish. While an ETF centered on these concepts might not launch tomorrow, the maturation of on-chain derivatives markets could incite asset managers in jurisdictions more amenable to financial innovation to consider and test such a product.
"orange" Discussed on Bitcoin Audible
"B. Analysis of Bitcoin Covered Shorts Performance. This is perfectly demonstrated by Bitcoin's derivatives market. It stands as one of the few markets structurally inclined towards Contango, where future prices consistently surpass spot prices, providing a pathway to a positive cash-and-carry arrangement by shorting the current dollar value of one's Bitcoin balance. The largest and deepest Bitcoin derivatives market is the perpetual market, invented by BitMEX in 2016. Perpetual swaps are a true Bitcoin financial innovation, leveraging the ability of Bitcoin to settle around the clock. Traditional futures contracts expire at market close on a certain date, and therefore for any given asset, multiple futures contracts are always trading in parallel. This approach fragments the order book and forces market participants to roll their old contracts into new ones as the old ones expire to maintain their net position, with contracts that may trade at significantly different prices due to basis, difference between future price and cash price of a commodity. Conversely, as aptly expressed by their name, perpetuals trade continuously in a market where premiums are paid between long and shorts on a peer-to-peer basis every eight hours, thereby closing the spread between spot and futures markets. This allows the convergence towards a single market for Bitcoin futures, and also provides market participants with the ability to hedge with little management and no need to roll. Per BitMEX data, between the 14th of May 2016, the launch of perpetuals, and the 13th of July 2023, the funding rate was positive 72% of the time. We can go further and look at the historical performance of Bitcoin hedged against the dollar using perpetual swaps. Below is a chart displaying the performance of a $100 position held idly in covered shorts since the launch of perpetual markets. Over a span of seven years, this approach would have yielded a remarkable plus 140% return, averaging around 20% annually, with a standard deviation of 33.3%. By indulging in the erroneous financial orthodoxy of quantifying, even equating, risk as volatility, and using the compounded returns of the Fed funds rates over the same time period as a risk-free benchmark, we get a sharp ratio of 3.79, something very few fund managers can tout. Figure 6 below compares historical performance of this covered short position, both nominally and in real terms, against U.S. 10-year treasuries and short-term bank deposits, shedding light on the superiority of the former. This data reflects not only the outperformance, but also highlights the trend towards negative real yields in the treasury market, a factor likely to motivate market participants to explore alternative avenues for storing their cash. While these data are encouraging, they still fall short in evaluating the relative competitiveness of Bitcoin covered shorts versus conventional deposit instruments. A more comprehensive approach involves examining the performance of all potential covered short positions under varying entry and exit points. Indeed, what interests a money manager is not the gross performance, but rather knowing he can store his cash for any duration without risking capital losses and still offset inflation. So to gauge this, I wrote a Python script that calculates annualized performance for all feasible covered short positions lasting over a week since the inception of perpetual markets in May 2016. The cumulative distribution function, in blue, for the distribution of the 28 million plus resulting trades, indicates that only 8.3% incurred losses broke the buck, and the mean performance in red highlights an average return of 24.5% per year. Beyond the relative benchmark comparison, the evolution of return distribution proves enlightening as the cumulative performance chart demonstrates. Returns become less volatile over longer time intervals while consistently remaining positive. This phenomenon suggests that as Bitcoin and its derivatives markets mature, funding rates stabilize, and instances of structural negative funding are both shorter and rarer. During the present cycle, 81% of funding events have been positive, even despite an extended bear market. There are only two periods characterized by meaningful losses due to negative funding, one spanning six months from May 19, 2021 to November 20, 2021, and the other lasting under five months from November 9, 2022 to March 31, 2023, resulting in a maximal nominal loss of merely 2.4%. Moving to the performance distribution of all potential covered short trades with the current cycle, only about 5% led to losses, averaging a performance of 10.3% and showcasing reduced volatility from 23% to 10%. These insights, both in their raw data and trend analysis, foster optimism for a Bitcoin-based deposit facility. They not only exhibit steady returns capable of compensating for occasional losses, but they also demonstrate a decrease in the frequency of negative funding periods. Although encouraging, such a trend doesn't preclude future periods of deeply negative funding if, for instance, the largest stablecoins such as USDT and USDC were to implode and fiat off-ramps from exchanges severed. The only option left for market participants seeking refuge would be to hedge their crypto positions through derivatives, which could lead to a prolonged period of negative funding. Another tail-risk scenario worth mentioning would be the case of a controversial fork leading to a schism within the Bitcoin community, fostering uncertainty about Bitcoin's future. This quantitative perspective indicates that hedging Bitcoin's volatility through perpetual swaps generates higher returns than comparable investments, such as short-term USD debt instruments. While the perpetual swap market and the Bitcoin spot market aren't yet liquid enough to absorb the trillions of dollars of cash equivalents in perpetual search for real positive yield, they currently have enough depth to allow billions of dollars of Bitcoin-covered short positions, see Figure 9 below. But more importantly, such an opportunity could be a huge catalyst for Bitcoin adoption and price appreciation, because running a Bitcoin-covered short position requires buying spot Bitcoin in the first place. So, as individuals and firms new to Bitcoin, seeking new vehicles to park cash, turn to this opportunity, we could witness increased buy pressure in Bitcoin's spot markets, which will in turn lead to higher liquidity and allow more entities accessing this trade, thus fueling a virtuous cycle for Bitcoin adoption.
"orange" Discussed on Bitcoin Audible
"In the realm of economic theory, the rationale for holding cash and its equivalents is rooted in the anticipation of future uncertainty. In practice, however, the erosion of fiat currency's value skews this rationale, compelling economic agents to seek refuge in highly liquid securities. Indeed, these securities may be offered as collateral to credit suppliers when cash is alone struggles to achieve in the modern fiat system, predicated on a foundation of never-ending increases in the money supply. The term quote, highly liquid securities warrants careful consideration as liquidity is context-dependent rather than an inherent property of an asset. Liquidity translates to the ability to promptly find a buyer or seller and settle a trade at prevailing market prices, particularly within a credit-based economic structure, the propensity for leverage to accumulate until a tipping point triggers a destabilizing market downturn, colloquially referred to as a Minsky moment, underscores the contextual nature of liquidity. Everything is liquid until nothing is. In such scenarios, the notion of a liquid portfolio loses its luster, as selling under duress occurs at less than favorable terms. While traditionally perceived as exceedingly rare occurrences in so-called developed markets, liquidation cascades are becoming increasingly commonplace. Within our financial framework, liquidity primarily hinges on credit acquisition through collateral pledging, thus laying the groundwork for a cycle intertwining collateral face value and market liquidity. As the value of collateral depreciates, the issuance of credit diminishes or goes into reverse, exerting a downward pressure on market prices. Consequently, this prompts liquidation events, subsequently intensifying the erosion of asset values and liquidity, especially so considering that government securities and other debt instruments, rapidly depreciating in value due to rate hikes, constitute the bulk of such collateral. The rise in gilt yields subsequent to fiscal policy announcements from the Chancellor of the Exchequer triggered margin calls for pension institutions that had pledged long dated gilts as collateral. In a rush to raise cash to meet their margin requirements, they dumped large amounts of gilts, ironically due to their being thought to be the most liquid asset, which further depreciated the capital value of their collateral, thus forcing them to sell even more gilts. The Bank of England then intervened to avert calamity by buying large amounts of 30-year gilts, spurred by the realization that such a downturn could imperil the pension industry and decimate a substantial portion of British savings. This episode served as a wake-up call to central bankers globally, exposing the precarious balancing act they faced. Their current policy choices, whether to tighten the money supply to curb inflation or risk stifling liquidity and imperiling the financial system, resemble the treacherous path between Cilla and Charybdis. The implications for money managers are threefold. 1. Elusive positive yields. Besides new government bonds, genuinely positive yields are nowhere to be found. 2. Money market funds resurgence. The demand for money market funds is amplified by both enticing short-term yields and risks of illiquidity in other markets.
"orange" Discussed on Bitcoin Audible
"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as the ultimate shield against the inevitable reckoning that will shatter this illusion. The best in Bitcoin made audible. I am Guy Swan, and this is Bitcoin Audible. What is up guys, welcome back to Bitcoin Audible. I am Guy Swan, the guy who has read more about Bitcoin than anybody else you know. I just want to thank, off the top, our amazing sponsors for this show and our supporters. Thank you to the audio-nauts and everybody who donates sats on fountain. I don't get to go over there and check on that stuff a lot, but I just want to say that I do see it. I do read them, and even though I don't mention them on the show because I feel like I'm always just rushing to get to the next thing lately, I do really, really appreciate it, and it is amazing. I can refill my Zap wallet on Nuster, and I can also take some and buy the final sticks of RAM for my AI machine and get that thing finally up and running. It really is amazing to just kind of have that constant support from you guys, and I just want to say thank you because I don't mention it enough. Also, our amazing sponsors who keep the show alive, seriously, and I don't take my sponsors lightly. I use companies that I use. Literally some of my absolute favorite and most used products that let me have a Bitcoin life. They are Fold, the Fold card, the debit card that pays me sats back on everything. I just paid for a big bill and got 87,000 sats. I've got 87,000 sats. It's my biggest ongoing payment for the business expense. I got 87,000 sats. That's crazy. And then the cold card hardware wallet where I keep those sats safe and get to use them with NFC by tapping my phone to the nunchuck wallet because I love it. It's just magical. And then, of course, Nodeless.io, a simple, no obligation, no KYC way to accept Bitcoin directly in your online store, your fundraiser, or your project, or whatever you want to set up. Understand, if you use my link to check these guys out, this actually helps the show because they know that I sent you there. They know that people are hearing about them and checking out their products and services. So if you want to check out any of our sponsors, the links will be in the show notes. Now today's read, I'm a little bit behind on this. I wanted to get this out earlier, but this is another amazing read from Axiom BTC. The previous was their announcement piece, Capital in the 21st Century, and talking about moving to the Bitcoin as the standard, as the unit of account. And I thought it was a really, really great piece, and I loved the framing, and I've been very, very interested to stay up on what these guys are doing. And the last piece was written, I think, exclusively by Alan Farrington. I can't remember. I'll have the link in the show notes where all the details are. And this one is by Théo Mongeau. And this one is about how Bitcoin can completely change the plumbing, the foundation, the base of the global financial structure, and that there is actually a path to Bitcoin, even in its volatility, being the best option for short-term cash holdings. If that sounds crazy to you, you are absolutely going to want to listen to this piece. So with that, let's go ahead and get right into today's article. And, it's titled… Orange is the New Green By Théo Mongeau The Emergence of Bitcoin Money Market Funds Introduction The transformative power of Bitcoin as a savings technology is now widely acknowledged. No other asset class in history has been able to rival its long-term returns, underpinned volatility, and the commitment of its holders to long-term accumulation. During a recent interview, legendary investor Stanley Druckenmiller shared an insight he gained from Paul Tudor Jones II, perfectly illustrating this dynamic. When Bitcoin's price plummeted from $17,000 to $3,000, an astonishing 86% of those who acquired it at its peak did not sell. This steadfast HODL mentality is vividly illustrated in the HODLwaves chart, as shown below in Figure 1, a graphical representation of Bitcoin supply categorized by time held. The chart demonstrates the gradual reduction in circulating supply as long-term holders transfer their coins into cold storage. This process explains in part Bitcoin's appreciation, but also its characteristic volatility, as a significant influx of capital into an asset with a fixed supply naturally leads to pronounced price swings. That said, I believe there is a plausible scenario in the medium to long-term in which Bitcoin absorbs short-term cash balances. To be clear, this would be before attaining anything like the status of a global unit of account, and despite its seemingly disqualifying volatility relative to fiat competition. This may seem self-contradictory at first glance, but I believe that by introducing Bitcoin into a flawed incentive structure and teasing out its less-than-obvious properties, a compelling solution emerges, incentivizing holders of cash balances to actively contribute to Bitcoin's adoption. This article delves into this intriguing prospect. It commences by dissecting the challenges faced by holders of cash balances. Subsequently, it explores how Bitcoin can offer a deposit facility superior to existing alternatives. I conclude by examining current prototypes of Bitcoin money market funds and contemplating alternative designs. Unlike quote, basically risk-free crypto yield products, throughout the article I will draw attention to the intricate trade-offs integral to designing the types of product discussed.
"orange" Discussed on WTOP
"Orange peel and pomegranate and the hoppenheimer ipa uh to commemorate uh our love of movies and some summer blockbusters i'll say good luck as a brewer him and evans came up with the idea it's a lot of fun and it gets people in to try the beers you can grab some go to and don't forget to go all out i like the barbie i even have a barbie lunch box and thermos reserved for myself at the alamo draft house melissa howell wtop news hopefully the movie's good so people aren't throwing beer cans at the screen you can stop by hellbender brewery today at five o 'clock to check out brews top stories we're working on for you right now here on wtop work has begun to hopefully make make one of DC's most dangerous intersections safer and thousands of soccer fans will pack DC's Audi field tonight and the neighborhood surrounding for the MLS all -star game stay with us for full details on these stories in the 348 traffic and weather on the 8th and dave dildine in the wtop traffic setting in montgomery county on i two seventy southbound under route twenty eight west montgomery avenue the crash blocking to right lanes northbound on the 270 spur traffic at the moment is completely stopped beyond democracy boulevard but i don't know why i'm not sure why but no found on two seventy right now northbound better pace moving out of rockville into gathersburg the broken down vehicle after three seventy cleared on i ninety seven in and around the county southbound slow beyond new cut road to a point past benfield boulevard the crash response blocking the right side no northbound impact this time fifty between buoy and the bay bridge pretty much smooth sailing just a slight slow down near richie highway getting getting out out of northeast d .c. very slow on new york avenue once again your south dakota avenue traffic is squeezing through a work zone by now it might be in two lanes if you're lucky still backed up on south dakota avenue on rhode island avenue eastbound delays lead into a work zone beyond the metro station near tenth street northeast the crash above north capital is uh... being resolved by authorities three ninety five to ninety five volume delay especially slow through southwest near the case bridge and fourteenth street bridge and in virginia southbound volume delays from the pentagon toward king and duke street sixty six westbound volume building from the built way to one twenty three eastbound to back up in manassas because of the crash after suddenly wrote and last report was just a single file able to get by the right but that may well have changed experience the power of honda's hybrid technology or find adventure honda's rugged rugged suvs and trucks find your perfect honda see your local honda dealer today dave dole dying wtop traffic latest forecast now from seven news first alert meteorologist brian vandagraft tracking a very muggy afternoon skies continue to clear both partly cloudy skies and with that high
"orange" Discussed on Bitcoin Audible
"Let's get into today's read and it's titled. Orange pilling your barber or stylist. A shortcut to hyperbitcoinization. If you are looking for an orange pilling opportunity with the most asymmetric upside, consider talking about Bitcoin with your barber or stylist. By Hector Alvaro. This is an opinion editorial by Hector Alvaro, a Bitcoin educator who serves as co -host of the Broward County Bitcoiners Meetup and whose family has worked in the beauty industry for decades. We all look for ways to educate others about Bitcoin and raise awareness about its benefits. However, time is scarce, so we can't talk to everyone. But what if you could multiply your efforts and help someone close to you benefit from Bitcoin in the process? If you're looking for an orange pilling opportunity with the most asymmetric upside, consider talking about Bitcoin and the Lightning Network with your barber or stylist. The perfect environment. Once you sit down in the chair and that cape goes around your neck, you know you're both going to be there for a while. As a Bitcoiner, that can only mean one thing. You have been given the gift of time to talk about Bitcoin. Few routine interactions last as long as a haircut or salon appointment. Even fewer grant you the freedom to discuss any topic of your choosing. Additionally, the setting naturally limits distractions, such as phone usage. That makes the time you spend in your barber's or stylist's chair the perfect environment to talk about Bitcoin. A trusted relationship. How long have you been with your current barber or stylist? Relationships between clients and stylists often span years, if not decades. There is a bond between you that is rooted in trust, and this connection fosters a level of intimacy rarely found outside of familial settings.
"orange" Discussed on Bitcoin Audible
"Let's get into today's read. And its titled. Purple text, orange highlights. Buy dur Gigi. How noster can benefit readers and writers. Not too long ago, I tried to paint a picture of what a vision for a value enabled web could look like. Now only a couple of months later, all this stuff is being built. On noster and on lightning. Orange and purple, a match made in heaven. It goes without saying that I am beyond delighted. What a time to be alive. No stir. Here's the thing that Nostra got right, and it's the same thing that Bitcoin got right. Information is easy to spread and hard to stifle. Information can be copied quickly and perfectly, which is I believe the underlying reason for its desire to be free. Easy to spread hard to stifle. That's the base reality of the nature of information. As always, the smart thing is to work with nature not against it. That's what's beautiful about the orange coin in the purple ostrich. Both managed to work with the peculiarities of information. Not against them. Both realize that information can and should be copied, as it can be perfectly read and easily spread always. Both understand that resistance to censorship comes from writing to many places, making the cost of deletion prohibitive. Information does not just want to be free. It longs to be free. Information expands to fill the available storage space. Information is rumors younger, stronger cousin. Information is fleeter of foot has more eyes, knows more and understands less than rumor. Eric Hughes, from a cypherpunks manifesto. No stories quickly establishing itself as a base layer for information exchange. One that is identity native and value enabled.
"orange" Discussed on Crypto Voices
"But so let me ask you this, then do people come in, obviously, as people are coming in because they're aware of it from the Bitcoin community. But you must get just people coming in, they're like, oh, this looks like a bar. Let's check it out. Are they then surprised? They're like, oh, I didn't realize this was a Bitcoin bar. How essential is that to the identity versus people just come in and have a beer? We get a lot of neighborhood. A lot of people just come in like, don't know anything about Bitcoin, we also from the beginning we wanted to strike the right balance, like Bitcoin is not the bars identity. It's more embedded in sort of the DNA. And we want to leverage Bitcoin. We want to use Bitcoin. We want to have it be a cultural center, but we also want other people to come in and not just get inundated with orange bees and honey badgers and have fun staying poor and things like that. To have sort of that software approach, I think, is really important. Since we enabled Bitcoin payments, one of the coolest things I've noticed is whenever somebody pays in Bitcoin, you'll have, you know, a couple bar stools, three bar stools deep on either side of people just like peering over curious, like what the hell is that? And having that start a conversation is, I think, just so much more effective, so much better than knocking on the door. Have you met our lord and savior satoshi? And trying that approach. So yeah, we get a lot of neighborhood. It's really a true mix. There's the Bitcoin stuff, and then there's just the fact that it's a normal west village dive bar. Yeah. Yeah, that's awesome. So the last thing I'll say on the bar front is when I was in college I worked in a couple bars and somehow I was a bouncer at one, even though I wouldn't be a great bouncer today, but I definitely wasn't one at age 22. But working working and it was just like a very Boston Irish tradesman type of place come in at noon and leave. And Boston bars closed fairly early, but what surprised me was like, so the sort of last hour into getting people to leave and then the state of the bar at the end of the night, as an employee, when you see what that actually looks like, I was like, oh, this is some raw degeneracy. And so, you know, your bar seems like it attracts obviously only the finest of patrons. But was it an adjustment to get into that hospitality group and just kind of see the underbelly side? There's so much that goes on for a bar. For a tavern, right? We have the kitchen. We have the bar. You know, getting all the product for the kitchen for the bar, staffing, security, garbage, like, you know, this is also an ancient building. So, you know, it's like taking care of taking care of a kid or elderly family member. There's a lot that goes on.
"orange" Discussed on Parts Counter Gurus Podcast
"Were trying to become a market so poorly. There's control in the charge that goes in the water.
"orange" Discussed on Teen Mom Trash Talk
"And then he says something that's so terrible and so funny at the same time. What? He said, I'm surprised you have clothes on right now. You're still broke. That may be left though. It made me laugh because that was like another cave insult. The biggest he's very funny, but he's me. No, but he's not trying to be funny. Well, that's why it's me. But that's also why it's funny. But she's mean too. She needed a different way. He wants her to know that he's trying to attack her in the weirdest way. Yes, he is. And that's why it's so mean, 'cause it's like, hey, I'm taking care of your kid. Everything's cool right now. Right. Oh, I'm in a cave. Me and Isaac are in the cave. And then he says, quote, you ain't better than nobody. You're a piece of shit, so shut the fuck up. And it's like, Joe. I see, but that's where it's like, oh God, it doesn't have to go this far, Joe. But it has to with him because you're right. He's mad. He is. He's upset. When your heart's broken, you say the worst Mina shit, yes. And the fact that she doesn't attack him constantly, I think bothers him as well. Because she doesn't care. And it shows that she doesn't have different boyfriends. That's the problem. It shows that she does. She's like, I don't even care about my new boyfriend. Right. Don't worry. Your time's coming, Joe. She's like, get in this cave. Put in your loin cloth and come here, daddy. Oh, gosh. Daddy. That's called the callback. Oh, I.
"orange" Discussed on Teen Mom Trash Talk
"Plus in Apple podcasts or the app. Now let's talk about kale. Okay. We might have, I think we might have some differing opinions. Oh, I'm really mad. So she's picking up Isaac from Joe. And he was nice and everything seems fine. He was nice. Yeah. Now we go to her mom's house. Suzy has a small dog in a crate. Yes. Everyone's home. Why is the drug in the crate? Because the dog is bad. I have no idea. All right, well, Isaac is having dinner with the dog. He's very cute, Isaac. I forgot he was a cute kid. Well, she's going to have mediation in court. And she's texting Joe, but it's the kind of texting where you have to press the three letters. Oh God, do you remember that? I don't remember what it was called K9, not just called something. But something like that. So K one Visa. So Janet was like, Joe's parents are like trying to psych him out or something. Right. Well, don't take it. And he's like, yeah, but everything's fine. We're just going to put on paper that I'm going to have him on the weekends. Kale's going to happen during the week. And then we don't have to fight about it. But also everything's fine. So why does Janet keep saying, well, you guys have to get along. You guys have to get along like they're not getting along. Right, but also, Janet, Joe is not stressed out about it, so don't why are you trying to make him mad? Yeah, I don't know. It's like they're hyping him up. Well, kale goes to on delay out with Jordan. Oh God, Jordan's so annoying. He's so stupid. So this is the conversation. She's like, you don't know the first thing about. She's like, you don't know what Ansel is. And she's like, you don't know anything about Spanish. And he's like, I know that the first thing you say to someone is me I'm OS. And she's like, you forgot about hi. Her hair, Tracy. She's got our bump in. It's in. It's in all the way. She has a bump at least. I forgot. I bought this. I bought this. This was on QVC. And I'm gonna wear it every day 'cause I have to get my cost per wear out of this bump it. You gave me yours. I gave you. I gave you one, I gave Lauren mills one. I don't have a bump in anymore, but I am going to do this hairstyle one day..
"orange" Discussed on Teen Mom Trash Talk
"Okay, love is coming back, but then it's like I go to buy jeans at old navy in the gap and it's like, these are the higher, higher waisted jeans. They're like breast hygiene. I got my nipple caught in the zipper. I know. I know. I know. It has to fit your body. I know. It's crazy. It's like, wait, what size am I on my ribs? I don't know. You know? I know. I don't even know what size. I got a pair of gap higher. It's higher, high waisted jeans, and I had to get like a 38 D right, that's the thing. I don't even know what the hell size I am, right? It's like rib Elle. I don't know. So there's a lot of teasing of the hair. A lot of teasing. So Adam decides that he's going to text her mom now. Right, and be like, is there a party? Right. And so he's like, okay, cool. Can I have Aubrey tomorrow? And it's like, oh, now you're going to get your mom, you're going to get her mom involved? Well, because Chelsea doesn't respond to him. Okay, but I would tell my mom, then don't respond to him. See, the thing is, it's like, what bothers me is that Chelsea hates Adam Chelsea's man and Adam. So he can't have Aubrey. That's just advice. So I don't like the reason he can't have Aubrey. Me too. But the other reason, the real reason he shouldn't have Aubrey. It's because he doesn't pay. Right. Right. But that's not the real reason because he's never paid. And he used to spend, he used to live inside of the house for free. That's exactly what I mean. But now she's like, oh, but every time we break up any cares, listen, if he's making an effort, give him the child. That is always the way I look at it. He's not abusive. He's not mean, right. You know what I mean? And his mother's probably watching the kid anyway, so let's get real. Yeah. So what happens to his girlfriend? Who knows? Oh yeah, Maria. Maria, where are you at? So Aubrey, step daddy, Megan, is there. Yes, I know that was cute. And Chelsea and Megan made her a blanket. That was very cute. Very cute. Now, why did we take it back to Adam during the blowing out of the candles?.
"orange" Discussed on Teen Mom Trash Talk
"Drop Leah, often go get your eyebrows. Yeah, you're gonna have to go get them somewhere. All right, now we see Corey's sister. And Leah's brother. So Leah's brother's name is Isaac. Right. And Corey's sister's name is. Why I don't have it. Grace tin. Do you know that I watched this? I watched this episode twice. I thoroughly watched this and I block things out. No, that's not a word. No, it's grace ten. You know what? It's a teen mom word. It's a word on one of these shows. But then it's so weird. It's like Grayson and Corey? Why do people do that? One kid always has the weird name. Oh, grace ten. Okay, well, God bless you, grace. I know why I know why we've never seen you again. Yes, I know why we don't know who you are. She's like, there was a whole Reddit thread about how stupid my name was. There probably was. I'm not signing up for season two. I'm a one and done system. So Corey cries all the way. Do you think it's because he's seen the deer cam footage? No, I think it's because he loves her so well. All right. Is she chewing gum at the altar? Yes. Okay, just checking. Now also her flowers. I know this is where you're saying that she's gone wrong. With the colors, the orange, the orange lily. Yeah. I am deathly allergic to these flowers. Really? Okay, so these flowers come in like every single arrangement. Yes, they do, yeah. I have to remove them immediately and throw them in the garbage. Really? Because I will get violently ill. And I love them. I think they're so pretty just not that color. I love the pink ones. I am very alert. They're so pretty. Well, the pink ones are never knew that. Yeah, the pink ones are the ones that are always in a bouquet. Yeah, yeah, I can't. Interesting, okay, well, I've sent you so many flowers now. And I probably know I've taken the lilies out in front of them. Really throw it out. Who knew? Yeah, guys. Who knew? Wow, that's so cool. I actually really didn't know that. I just can't deal with I guess that's in her color scheme. Yeah, what a color scheme, really fall. But that's the thing. It's like browns, greens, orange. Browns, hunts..
"orange" Discussed on SoFlo Weird Show
"What's that, right? That's over there, right? Yeah, take a ferry across. You start to get your life. You didn't even know what the mail was there when you got there. Yeah. Everything was a pain to get across the river. So, peripherally Miami's on the North bank, right? Everybody and their cousin gets a slave or like, what I'm talking about the early. They're all talking about the North Bank of the river. This is a big problem, and this is also a part of where the wrinkles. Mainly William, have a Fallout with Flagler. Now, it's not just a phone number. It's a Fallout with a purported founding family of Miami and the big guy so to speak. Yeah, I mean, you can go further. There was also a fall-out between William page titles. Father not just another guy, but a fall out but the father of the mother of Miami, it has a whole other story. But what I'm painting at is that there are times in our history, where if you look closer you can actually pin together a new arc complicated set of problems that birth our city, right? And it was not easy, it was not a simple, it is a great story but it's untrue. A couple of reasons, it is untrue because the newspapers from the 1920s previous always shared of a mention of Mary always with mentioned Julia. That was one article that beamed out to families at the head of City roster, the titles and the bristles. How come that's not seeing how come? I can't find that when I search. I mean well page. In my book, it is in a digitized section of the Miami-Dade Public Library main special collection, but it should be like, right when you do the search. Okay, that's a really good question. By the way. There used to be a Wikipedia page on Mary Brickell. It was taken down. Actually, in my book, talk about the letters, I exchanged with Wikipedia literally, okay? Okay, listen, I left know. Yeah, I'm sure I wanted to know, hey, I remember there's a bigger page, right? What happened to it, right? And they told me, well, the reason it was taken down is there were no citable resources that Wikipedia can reach out and see right. Right. So yes, that's digitized, but it's not connected to anything, right? It's it's in a scrap book, called The Welsh scrapbook. It's a family that literally cut up the newspaper and base it in a big scrapbook and thoughts. And mind a plug wire be scalable thing. But still in pieces, it's just now being kind of parsed and, and Stephanie Garcia has been great to find me. I think she found me like, twelve articles of the wrinkles and like twenty articles page. That's amazing. What you'll find is, another article on the giulia side where her daughter is quoted. Not in the story, but in the title, that says stories of my mother weren't always true. We're always accurate. See?.
"orange" Discussed on SoFlo Weird Show
"Shows the delineations of the town on both sides of the river. Mary Brickell is the first signator on that page document that exist now at FIU and some copies elsewhere. So why is that why? Why is a document signed by all parties saying? This is Miami here, the boundaries here, the roads. Here's where this month And both equal kind of equal distance on each side of the river. Well, I know why? But yeah you have to ask yourself. Why is Mary number 1 and 2? Why she been forgotten completely almost erased from our history? Yeah, like deliberately omitted from that statement, which is its own other book but luckily I wrote a book that you have 241 you get Loosely stories but there's about 10-15 really defendable cited sources as to why marry in particular in the burkle's is a broad family, were marginalized in our history or politics. There's greed, there's jealousy. There's spin, there's marketing. Sounds like a movie. Yeah, there's feminism. And not the whole issue of women are Mainland and a woman being married to a guy who gets more of the in those days. The guy usually gets the credit cuz we saw time and time again. Anytime them Is a scant memory or recognition of the brickell's it's usually on Williams name. Ironically Mary owns the land, that's a tall order but basically she's been highly highly written out of our life story. Let's talk a little bit about your passion and what you've been doing. As if Guided by Mary herself you have been researching this for twenty-five years and I you have all the proof you need to take this to whoever will listen. So tell us some of those key facts that you uncovered. So twenty-five years ago I curated an exhibit that kicked off lecture and Tour series of every weekend of the year for the entire 1996, Centennial year. And the kickoff was an exhibit that I carried on Mary Rickles items, okay? Mostly in the hands of the gentleman named Stan, Cooper and a scant few in the hands of Carmen petula's, we had that at the Woman's Club of Coconut Grove and it kicked off the ledge. Series but unbeknownst to me. It triggered a little bit of a tsunami of a explosion of controversy that often. Well you're mucking up the story man. Yeah, this is a great story. Bouquet.
"orange" Discussed on Book Club with Julia and Victoria
"I'm only seeing this teeny tiny part. Tommy oranges exploring these ideas of identity and we get you know heavily. The generational trauma aspects specifically with jackie. And and then we also some characters who are biracial and have not grown up with connection to their native american heritage and they're searching it out in their young adult life so we have to characters specifically in black and blue who a big reveal later. The book is that they are actually half siblings. Don't even know it Blue is jackie's daughter that she gave up for adoption and was adopted by white parents She goes out to kind of like learn about her Native american heritage moves to oklahoma for a while but eventually after a abusive relationship Back to oakland And helped out with the powell committee. That's where she meets edwin black anoja. Nodule i wanted to talk about a little bit more in depth. He never knew his father. His white mother can give him a few details and it seems like his white mother is also very More involved with the native american community than maybe he was She works for the committee that puts the power or some sort of cultural centers of mike that And then her boyfriend bill who we don't have time to get into his story. Too much is native. American as well in block is really fascinating to me. Because he defies a lot of the stereotypes. I mean big win for these characters is that they are living in a city. They don't live in rural or the middle nowhere quote unquote reservations and so he grew up in the city. He grew up not really knowing much about his cultural background. She's very highly educated but Deals with not specifically stated but variety of Anxieties different mental health issues or blockers. That kind of keep him cooped up with himself but he does find outlet for himself like on the internet. I'm very much a digital age kid. And then his attempts to kind of get a job at the pressure of his family members. Who kind of looked down on him. He ends up working for the power committee. And that's how he needs blue. So that's a lot of context there. Yeah i knew. He peaks your interest to julia as someone who comes for may highly educated immediate and extended family who reads a lot of books but has a lot of mental health issues. His story felts familiar at a much more close to home. I think i. Yeah i to me. He felt more like a character. Who.
"orange" Discussed on The Maria Liberati Show
"Come to the marie liberati show where food meets art travel and life. And we're we answer the question. What does food mean to you. This is maria liberati in today's episode. I share a recipe for a simple yet delicious orange marmalade tour and i get to interview recipe developer and wellness. Reiter beth lipton. Join me and don't forget to tell us in a recorded sound bite of sixty seconds or less or social media post of fifty words or less. What food means to you hashtag. The burri liberati show and post on social media or email it to me at maria. Maria liberati dot com. And if your sound bite or quotes are selected to be part of an upcoming segment. I'll send an autographed copy of a book from the book series the basic ord- of italian cooking to you as a special thanks. I love having my listeners. Be part of the show so come on and join in so if you have a jar of artisan or homemade. Orange marmalade in the pantry. Here's a quick desert you know everybody's home and seems to have a lot more time at home and and always looking for simple yet delicious but yet healthy desserts. Orange marmalade is one of my favorite ingredients Things to make in the winter. And i will be doing that on. Next week's episode sharing my recipe for the blood orange marmalade. I'll be doing. It might test kitchen this coming week. If you have a jar of it on hand if you have a jar of another type of preserved fruit preserve you can also use it. I love using oranges in this time of the year because our oranges are so good for you. And that's why. I'm calling this my winter wellness episode. This makes a great evening desert to accompany a glass of per seco- or even makes a great afternoon snack to put together a quick snack or dessert into to make this even simpler. You can buy ready. Made puff pastry and this recipe makes six servings and it only has five ingredients yes and you can even serve this with fresh laces of fruit if you choose to use the orange marmalade. Orange preserves us freshly sliced oranges or another type of fruit. That might coordinate with it. Any fresh fruit rarely will do. Fresh fruit is always a good thing. Here's the recipe again. It makes six servings two sheets of puff pastry one. Twelve ounce jar of orange marmalade or preserves or another type of fruit preserve. One a joke. One tablespoon of unsalted butter a tablespoon of flour. You're going to. Preheat the oven to three hundred and seventy five degrees. I butter and flour. A- pie pan now if you don't want to butter and flour the pie pan. One of my favorite things to do is to get parchment paper and cut it to fit the size of whatever pie pan. You're using if you do that. You're not going to need to butter and flour the pan so that eliminates those two ingredients removed the puff pastry from the package. Line the bottom of the pipe pan with one sheet of puff pastry cutting off the excess sto fit spread aligarh about one eighth of an inch thick of orange marmalade setting aside two tablespoons of the marmalade or the preserves for leader. Then you're going to top that with the remaining sheet of puff pastry and seal the layers by pressing down gently with your fingertips. You can also go around the sides of the pie pan pressing down with a fork and sealing the liars fake this at three hundred seventy five degrees for thirty minutes removed from the oven. Let it cool when cooled spread the two remaining tablespoons of orange marmalade on top served with fresh fruit. And you have a simple desert. This can be gluten free. There are many gluten free substitutes. Out there for the puff pastry. You can find that if you're if you can't find that to know what to use and you wanna make this gluten free email me at maria. Maria liberati dot com or message. Me on any of my social media and I'll let you know exactly what to us. I will be sharing that recipe for a blood orange marmalade on my blog. And my podcast next week. So if you'd like to wait 'til next week to get that recipe and make the orange marmalade yourself. You know this time of the year. You can find great oranges. This is the time of the year to get them in the blood. Orange is if you can find them. They are out. They are but you can do the recipe with regular oranges. Also i know everyone can not always find blood oranges and you can find more easy and artisan recipes in my world award winning book series the basic art of italian cooking there is. Let's see there's the basic art of italian cooking holidays and special occasions. There is the basic art of italian cooking which was the first book that started the whole series and the basic art of italian cooking davinci style which is also about leonardo davinci's life as a few d. and includes recipes from all the places that davinci lived in and then there's the basic art of pizza the basic art of pasta the basic art of coffee the basic guard of cocktails the basic art of tuscan wedding and the basic art of experiencing venice. You can find all of those books on my website at maria. Liberati dot com or the publisher's website art of living premium media dot com or anywhere books are sold online. So please check the books out and also stay tuned for my facebook live events that i do every week. Just go to buy. Facebook live rather my facebook account. And you can find out when. I'll be doing the next one. And we'll be interviewing beth lipton next recipe developer and wellness raider here by show also be a special guest on my facebook live event sometime this week as well so check it out and stay tuned because i will be doing some more live events that you can be a part of online and as always if you have any questions feel free to write to me directly.