35 Burst results for "Penguins"
The Bitboy Crypto Podcast
A highlight from Crypto News Updates: Solana, XRP & ADA Pumping!
"Are we back? Altcoins are pumping, stablecoins are getting an upgrade, and the NFT community is joining hands. I'm Hannah and I'm going to fill you in on this week's events in cryptocurrency. Chainlink is up 34 % this week and the hype surrounding LINK is something to pay attention to in my opinion. The Grayscale Chainlink Trust, GLNK, has been trading at a 200 % premium to the spot price of Chainlink, LINK, indicating strong institutional demand for the cryptocurrency. This is the highest premium that GLNK has ever traded at and it suggests that institutional investors are bullish on the long -term prospects of Chainlink. The fact that GLNK is trading at a premium to the spot price of LINK suggests that there is more demand for shares of the trust than there is for Chainlink tokens themselves. The strong institutional demand for Chainlink is a positive sign for the cryptocurrency overall as it suggests that institutional investors are becoming more and more interested in investing in digital assets. And they think that Chainlink is a valuable one. XRP surged nearly 10 % this week and surpassed Binance Coin BNB to become the fourth largest cryptocurrency by market cap. This pump was likely due to two key announcements from Ripple, including approval to operate in Georgia. The National Bank of Georgia selected Ripple to develop its central bank digital currency or CVDC. This is a major win for Ripple as it shows that governments are increasingly interested in using Ripple's technology. Ripple also received approval to offer its services in Dubai. This is another major win for Ripple as Dubai is a global hub for financial services and crypto. These two announcements show that Ripple's technology is in high demand and this is likely driving the recent surge in XRP's price. Ripple is also facing a number of positive legal developments which is further fueling investor confidence. Overall the outlook for XRP is very bullish at the moment and I think XRP is worth paying attention to. Cardano has also pumped 10 % over the past seven days and this is due to a number of factors including a recent conference, the Cardano Summit, that was held in Dubai. Circle, the issuer of the popular stablecoin USDC, has recently announced a new upgrade to the USDC and EURC smart contract. This upgrade, known as V2 .2, includes a number of improvements that will make USDC and EURC more efficient and user -friendly. One of the most important changes in V2 .2 is the addition of support for EIP -1271. This will allow smart contract wallets to authorize transfers of USDC and EURC which will improve support for account abstraction and make it easier for users to pay network gas fees in USDC and EURC. Another important change in V2 .2 is the optimization of the block listing check. This will make it significantly cheaper to transfer, transfer from, transfer with authorization, receive with authorization, burn, and mint USDC and EURC. These improvements are likely to boost the adoption of USDC and EURC, especially among developers and users of Layer 2 blockchain solutions. The Layer 2s that are used by USDC and USDT, such as Arbitrum, Optimism, Base, and Matic, are likely to be the most relevant. Okay, so how will this impact the further adoption of stablecoins into the geopolitical landscape? This is likely to be accelerated by the improvements in V2 .2. This is because stablecoins offer a number of advantages over traditional fiat currencies, such as speed and efficiency, low cost, and transparency. Overall, the improvements in Circle's USDC V2 .2 upgrade are a positive development for the stablecoin industry, and these improvements are likely to boost the adoption of USDC and EURC, especially among developers and users of Layer 2 blockchain solutions. The co -founder of Yuga Labs and board ape yacht club Gordon Goner on X is single -handedly saving NFTs. This guy is a Chad. He mentioned in his bio that he's taking a break for health reasons from Yuga Labs, but he still claims to be an ape until he dies. Now that Gordon has parted with Yuga in some ways, he's decided to show love to the NFT projects that have been building during the bear market. Gordon posted photos of his newly acquired NFTs over the past week, and some of the projects include CryptoPunks, Pudgy Penguins, Sappy Seals, Goblin Town, and many more. Shoutout Gordon for bringing good vibes and a sense of community to crypto Twitter amongst all of the chaos. Grok is a new AI assistant developed by Elon Musk and his company X. It is designed to be able to answer questions in natural language, even about complex topics. Grok has access to real -time information via the X platform, which might give it a significant advantage over other AI assistants. Grok is currently available as part of an X premium subscription service that also includes other premium features on the app. However, Musk has said that he plans to make Grok available to everybody for free in the future. Musk has said that he envisions Grok being used as a general -purpose AI assistant that can help with a wide variety of tasks. Grok is designed to be witty, funny, and sarcastic. Elon Musk has said that he wants Grok to have a personality and to be able to interact with users in a fun and engaging way. For example, when asked for a step -by -step guide to making cocaine, Grok responded with a tongue -in -cheek answer that included suggestions such as obtain a chemistry degree and set up a laboratory in a remote location. I've been seeing a lot of screenshots of Grok interactions on my timeline, and it's cracking me up. Grok is still under development, but it has the potential to be a powerful and versatile AI assistant in the future. OpenAI engineers have allegedly come out stating that Grok is mocked in machine learning and AI communities and is analogous to a third -grader CS project. Would you place your bets on Sam Altman's ChatGPT or Elon Musk's Grok? Let me know in the comments below. The Simpsons is a popular animated sitcom that has been running for over 30 years. The show is known for its satire humor and its ability to predict the future. Over the years, the show has made a number of predictions that have come true, including the rise of Donald Trump to the presidency and the COVID -19 pandemic. In their 2023 Halloween special episode, The Simpsons predicted the rise of NFTs. In the episode, Bart Simpson becomes an NFT artist and his creations become incredibly popular. The episode also parodies the NFT community, showing how it can be full of scams and hype. Does this mean that NFTs are about to go parabolic, die, or does it mean nothing at all? Place your bets in the comments below. The Grand Theft Auto 6 trailer is coming out next month, confirmed by Rockstar Games on November 8th via X after announcing that Rockstar Games is turning 25 years old in December. We have been waiting for the Grand Theft Auto 6 trailer for nearly 10 years since GTA 5 was released in 2013. This announcement has everybody on X very excited. Which blockchain will Grand Theft Auto partner with first to bring the metaverse to the masses? Could GTA be the catalyst that onboards traditional gamers to Web3 or is there no possibility? Finally, I have a question for you guys. If you had 10k to spend right now and you had to pick one, would you rather put it in Chainlink, Solana, Cardano, or XRP? Comment down below. If you watched this whole video, I appreciate you. Please hit the like button if you haven't already and subscribe to the channel to be notified when we post a new video. I'll see you all next week.
Crypto Curious
"penguins" Discussed on Crypto Curious
"So the Winklevoss twins, as we may have seen from, what is that movie called? The Social Network? Yeah, the potentially even the founders of Facebook have withdrawn $280 million in assets before the crypto firm Genesis went under. So we've reported on this a while ago, the Winklevoss twins, they're the founders of Gemini Global Crypto Exchange, and they were using Genesis to manage their earned product on their exchange. Now, it looks like the twins secretly withdrew $280 million just before the firm Genesis collapsed and their clients still, I think there's about a billion dollar deficit there. They're still working through that with the Genesis. I think they filed to, they're working through that at the moment anyway. So yeah, it'd be interesting to know how much they knew at that point in time. But even I suspect that even if they knew something, they wouldn't have been able to do anything about the lost funds. Yeah, just a little bit suspect with the timing. But anyway, what could they do? Moving on, so Michael Saylor is at it again, the poster boy for crypto buying at the moment. He has just increased his Bitcoin holdings by purchasing an additional 5,445 Bitcoin, an average price of around 27,000. The latest acquisition valued at 147 million boosts the company's total Bitcoin holdings to a total of 158,245 Bitcoin, or a total of 0.7% of the total Bitcoin supply. That's actually quite amazing. It's massive. Isn't it just? They were getting loans early on at 0% interest rate, you know, during when we're getting lots of QE back in 2020. He was getting 0% interest loans and he was borrowing hundreds of millions or could have even been billions. Wow. Smart guy. Smart guy. But I must say that his average price is still above what my price is today. He was buying quite high at one point in time. But I suspect that he's pretty well positioned now. Yeah, there you go. All right, Valkyrie's Bitcoin strategy ETF has successfully added another future contract. So as effective from October the third, which is today, the fund will formally alter its investment strategy, resulting in a name change. Basically what they're doing is also including an Ethereum strategy. So broadening the horizon here, I think it's a strong move and may create a more attractive product. All right, this is our last bit of news folks. And this one dropped just this morning. I am wearing my special T-shirt for all this news, but two big brand NFTs focused on the female space. This is Boss Beauty's and My BFF collection. There has been a merger. Boss Beauty's has acquired the My BFF collection as they collectively work towards bringing in the next wave of females into the Web3 space. So that's some good news for anyone holding those two collections there. All right. And that brings us to the end of our show, folks. It was a short, sharp show today. Still lots of news. And if you are looking to DCA into the crypto market as we inch closer to the halving and 2024, please look at using the Bamboo app to do so. There's a promo code CURIOUS for $10 of free Bitcoin to get you started in the show notes below. And follow us on social media to keep up to date with what's happening in the crypto space on our Instagram page or our Facebook group. Hit the subscribe button wherever you're listening to us now to make sure you're getting each episode up to date. Tell your mates about the podcast as well. And if you'd like to get in contact, please email us at podcast at getbamboo.io. Once again, we've got that 100th episode coming up soon. So send us your questions via a voice memo. Thanks for listening, folks. We'll see you next week. Bye for now. media acknowledges the traditional custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. This podcast is intended for education and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant product disclosure statement. And if you're unsure, please speak to a financial professional. The host of this podcast and their guests may have positions in the companies mentioned. EquityMates Media operates under an Australian financial services license 540697.
Crypto Curious
"penguins" Discussed on Crypto Curious
"OK, here's one that Craig would have loved. His favourite Pudgy Penguins, NFTs, are what are battling their way into 2000 Walmart locations in real life toys. These ones are Pudgy Penguins has announced the rollout of these NFT based toys across these locations. First debuted on Amazon. We told you about these maybe three or four months ago. So these guys have really gone hard with this whole IP NFT brand. And they're the first ones to have done this, really pushing this toy one hard. So well done to the Pudgy Penguins and anyone who has held on to those NFTs. It's a pretty big move, really, because we see, you know, traditional brands moving in and supporting their products with NFTs. Now we're seeing, you know, some of these more successful NFT projects move the other way, the other way. So, you know, a bit of news this week on swimming upstream. Yeah, I like it. Waddling upstream. All right, next up, MoneyGram unveils a non-custodial wallet to bridge the worlds of crypto and fiat currency. So MoneyGram's a global remittance provider. People use it every day to send money across borders, particularly those that, you know, have limited access to the banking network. They are traditionally expensive, but of course, cryptocurrency is prime for disrupting remittance. So I think it's a pretty strong move. Instead of fighting the innovation, they're going with the flow and they're building products and services that leverage the technology. So good on them. And it's probably going to result in them not being disrupted. Next up, Chainlink has had a few pumps recently and they've expanded their cross-link interoperability to base this time. I think they recently did it to Optimism and before that Arbitrum. So they're going across to every one at the moment. This move is another step in Chainlink's plan to boost blockchain inoperability and utilisation. Chainlink debuted their CCIP this July and this year so far have integrated with Ethereum, Avalanche, Polygon, Arbitrum and Optimism. So that's some big moves for Chainlink.
Crypto Curious
A highlight from 98 - Gensler's Backlash, The SBF's Trial Kicks Off & Pudgy Penguins Hit Walmart
"This is an Equity Baits Media podcast. Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go -to source for all things cryptocurrency whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus we'll share quick bites of news and insights that you won't want to miss. If you're new to the crypto world, we recommend starting with our early episodes where we break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll discuss some recent moves by the SEC and some backlash against Gary Gensler. He's receiving it from all sides of the fence. We're also going to take a look at Sam Bankman -Fried and the trial, which starts this week. My name's Tracey and this week it's Blake and I on the mic as Craig is off attending a wedding. So, hey Blake, how are you going? Very well, Tracey. Good to be back and getting stuck into this week's news. There is always lots of news, but before we do get into the news, Blake, let's have a little look at the market. We don't often go through what's happening in the charts, but let's have a little look at what is going on because we've just finished the month of September, which has historically been a red month. Six out of the last seven years, September's been red and it actually finished green. A lot of the traders are very excited. It finished 4 % up and I've already seen a lot of the memes. October is up -tober, as they call it. There we go. Yeah, because apparently October is one of the better months of crypto. I think six out of the last seven has been green. So what do you think? Are we going to have a good month? What are we in for? It's really hard to say. No one has a crystal ball. I knew you were going to say that. What do you think though? How are you feeling? What's happening out there? Well, you know, if we had an up month in September when it's historically down, you know, it could do the opposite in October. Markets like to do what the opposite to what everyone's expecting. So yeah, we'll see how it plays out. But obviously there's a lot happening in the broader economy at the moment. People are very pessimistic about what's happening, you know, with inflation and specifically in the US, but really everywhere, and how that's affecting the broader economy. But hopefully we're seeing less and less correlation with the crypto market in relation to those items. But I still suspect that I can't fully disconnect. All right, well, we'll see what happens with up -tober at the end of the month. Moving on to our first story. It's been a big news item and colour us shocked, but the SEC has moved again to delay the Spot Bitcoin ETF. This one from BlackRock, Valkyrie and Bitwise. Gary Gensler needs additional proceedings to assess whether to approve or deny the proposed Bitcoin ETF. The process includes public comment and rebuttal periods indicating that the final decision may not be reached for several months, but then not even a few days later, and this happened yesterday, he has continued his filing frenzy and delayed the Bitcoin ETFs for Fidelity, Van Eyck and Wisdom Tree. So basically that's all of them because Ark was a few weeks ago. And the pressure is mounting on Gary himself this week, Blake. We saw him in the press. What happened there? Yeah, that's right Trace. Last week there was a US House lawmakers push on the SEC's chair Gary Gensler to approve the Spot ETF. Now they're kicking the can down the road. I don't actually think this is a bad thing, because if it happens early next year around the time of the halving, I think that's going to be maximum effect on the market. Members of the House of Financial Services Committee wrote a letter to him to take urgent action on the ETF. And you know, he's obviously taking his sweet ass time here. Gary actually faced criticism from lawmakers regarding his crypto regulation approach during this House hearing. He was questioned about his classification of Bitcoin, how that compared to other assets like Pokemon cards, and the approval of the Bitcoin ETFs. Lawmakers also expressed concerns over Gensler's transparency with Congress, especially regarding interactions with crypto exchanges like FTX. He was actually taken to task in so many different ways and he came up really short. I saw a few different videos. It was a bit of a train wreck. And what did you think of this Blake? Yeah, it's really interesting actually, you know, watching Gary dodge questions and be as vague as possible. But I think this example about the Pokemon cards really exemplifies the conversation. So one of the senators or one of the members of the House of Financial Services on the committee asked Gary, you know, are Pokemon card securities when they're traded because they are a collector's item. And of course, Pokemon cards are not securities. They're just collectibles. And then the example was proposed to Gary whether or not if those Pokemon cards were then tokenized and put on the blockchain as an NFT, would it be a security? And Gary said he's not sure. So I think the point here is that is the process of tokenization, does that create a security? And I think we can all agree that it doesn't. But the SEC is being quite coy here to keep their options open in order to suit, you know, potential NFT projects. When, you know, for example, you could take a photo of your foot trace to as an NFT, would that be a security? Yeah, look, it was it was a laughable video, that one. We've actually got a link to it as well, folks. So we'll put that in the show notes below. But they were there's four of those senators and they went really hard at him and he certainly did fumble his way through that, much like the videos from his Senate chat a few months earlier. Interesting to see him squirm, ladies and gentlemen, but there'll be more to come on that one. Moving on to our second story. The trial we have been waiting for starts this week with the jury selection today. Will Sam Bankman -Fried, the man who headed up failed crypto exchange FTX, get the comeuppance he so badly deserved? Get ready because your social feeds will definitely be taken up by all the drama that unfolds Blake over the coming weeks. How long will this take? You know, is he actually going to get done here? What are your thoughts? You know, how long is a piece of string really? I think with these scenarios, whoever has the most resourcing wins. We don't know how much cash Sam has tucked away. He could string this out for years. You know, we've seen other court cases. That long you reckon? Well, we've seen other court cases in the sector be strung out for literally like five, six years. So yeah, it could certainly happen. I think the Mount Gox court case for creditors is still going in 2013. You know, so these things can take time and there's many ways for parties to, to push this out. Yeah. In some information that came out today, Tracy, it looks like Sam won't be able to blame his lawyers for everything that happened. Under an advice of counsel defense, SPF wanted to argue that, you know, he was just taking the advice of his lawyers and was working within the legal bounds of the advice that was provided. So, you know, it's pretty interesting that if he was provided incorrect advice, then Sam will have the opportunity to sue his lawyers. But it looks like that you can't use that. You can't do that now. Oh no. Well, he just can't use that as a defense in court, but that doesn't mean that if he did receive poor legal advice at some point in time, he can't go back and sue those lawyers. Right. Interesting. All right. I'm sure there are many things that are going to come out of that as well. You know, this is, you can't write this thing as well, but just yesterday, some of the F that was taken by the hackers, so 2 ,500 F that was stolen as part of that exchange hack last year was moved yesterday. Oh, really? Yeah. So part of that was moved through two different protocols. One of them was the Thorchain router and another one was Railgun, which are private wallets that you can move things through secretly. We still don't know who took that in the hack last year. Yeah. We suspected at the time it could have been an inside job as, you know, the exchange was falling. Someone stole half a thousand Ethereum. Yeah. Yeah. But we still don't know who that was. Another quick one, too, guys, as we wrap this story up, because we are going to be hearing a lot about SPF and FTX. If you do want to catch up, there's a really good two parter out now on BBC Panorama called The Downfall of the Crypto King. And I'll add that in the show notes below. But it just it's a bit of a catch up on exactly what happened with SPF and the FTX exchange. So there's did you know that we are coming up on our 100th episode? I know time flies when you're having fun. And we'd like to invite you to become part of our 100th show and send us an audio question. If you have got something that you'd like to know about a coin, a token or a project you'd like us to cover off in our 100th episode, then send us a voice recording. Record this using a voice memo app on your phone and send it to us via the Facebook community or an email at podcast at get bamboo .io. Time for a break and we'll be back.
Tech Path Crypto
A highlight from 1275. Ethereum ETF Launches! | VanEck Predicts $11,000 Ethereum
"All right, so let's roll into the ETF futures launch today. It has happened. This is going to be a big episode for you guys. You don't want to miss this one. If you're an Ethereum lover or maybe you're just trying to venture into crypto for the first time and you're finding out, hey, there's an ETF futures out there on this thing. We're going to teach you a little bit about that. My name is Paul Baron. Welcome back in The Tech Path. Let's talk a little bit about Ethereum, some of the projects it could affect, and also its future. That's what we're going to try to break down for you. I think you guys are going to like this. James Seaford, he's been on our show before, one of the ETF experts over at Bloomberg. He tweeted, updated version reflecting the change due to the end of the Kelly and Hashtag's partnership will just be the Kelly ETF's product. And he kind of breaks it down. But the point is, is you've got the ETFs that have launched here with VanEck leading the way right now. Of course, we've got a whole litany of these starting to roll out now. So this is going to get interesting around the ETFs as when it comes to the futures ETF for Ethereum. And we'll show some stuff on this and how this plays out. But very, very interesting. So further over here, here's kind of just the layout of the VanEck. Obviously the cheapest total expense ratio at about 0 .66. So one of the lowest fees out there in being able to get into an ETF for sure. VanEck also is starting to do a little bit of advertising. This is kind of interesting with them actually starting to promote an Ethereum ETF future. This is crazy. So truly, and this is obviously institutional finance, so good stuff out there. I want to play a clip of them talking about this. Let's go to that. Ethereum has emerged as the system for an age where connections are no longer bound by location or space. We're not just using the network. We are the network. So when you're ready, enter the ether. Now you can tap into Ethereum's potential with the VanEck Ethereum strategy ETF, EFUT. All right, there you go. Big, big news because that is mainstream advertising. And when you get into mainstream advertising, it means you're going to be getting into mainstream investing and investing is going to start to shift that. That's why ETH and this ETF is such a big thing. It's why we're seeing a little bit of movement on Ethereum itself. VanEck, of course, their Twitter account says, what sets the EFUT apart? Typical ETF setups don't give futures, good tax benefits. C Corp is set up now designed to have potential for better performance after taxes for people who invest in a long time. So there are some apparent tax benefits here that VanEck, of course, is touting. So if you are in that case, make sure and, you know, investigate it. Let me know what you guys think. Further into this, just to show you where you can get this, now you can invest through your brokerage account in Robinhood, SoFi, Charles Schwab, E -Trade, Fidelity, pretty much anywhere you can buy EFUT. So easy to do and easy to get into. I want to go to this next clip right here that kind of breaks down a little bit further into what VanEck is trying to do with Ethereum as a whole. And this is Mr. VanEck himself What do you see coming in the crypto space that you thought it was important enough to get your firm that was established in the 50s moving towards this new area? Talk about Ethereum and there was CryptoKitties and all the potential of the blockchain. It felt like a lot of talk back then and a lot of PowerPoint presentations. But over the last three years, especially this year, I mean, it's just amazing how many software projects are not only coming to the market, but also upgrading in a very significant extent. And that includes Ethereum. I see three major areas of finance being potentially disrupted. One is the banking and brokerage. The second is payments. And the third is banking and lending. I think the larger point is that Ethereum is the leader and Ethereum is making enhancements, if you will, to its software. And so it's getting better over time. I like the fact that we're starting to see real business people recognize what's happening because this is one of those things that happens in those early curves. And that I think VanEck is obviously all in. But there's many of them that are all in on this. And that's including companies like Fidelity. You look at what ARK and Cathie Wood has been talking about in terms of Ethereum growth. So where is Ethereum going as a whole? Well, here is a report by VanEck talking about Ethereum's price prediction. And this was $11 .8K by 2030. Now, I want you to think about that because Ethereum right now trading around $1 ,700. And look at that kind of growth in a very short period of time. We're talking about 2023, end of right now as we're recording this video. That's an accelerant that's pretty heavy. Let me go through a couple of things they highlighted in the report. So it's revenue rising from an annual rate of $2 .6 billion to $51 billion in 2030. Big move. ETH takes a 70 % market share amongst smart contract protocols, which implies a token price of around $11K by 2030, which we discount to around $5 .3K today. So that's what they think the core value is. And then we value Ethereum by estimating cash flows because they're kind of treating the chain much like a business would be treated in terms of revenue and et cetera. A couple of points here that they look at here in their revenue price targets. You see the base case, bear case, and then the bull case. $11 .8K right there on the base case. $3 .43K on the bear case 2030. And then a $51K bull case. That's $51 ,000 per token right there on the bull case. So a lot in terms of confidence around what this is in terms of Ethereum as a whole. There was a We introduced a novel revenue item called security as a service, which is interesting, which is going to help businesses will be utilizing security through the ETH ecosystem to enhance, obviously, security around businesses themselves. So another big advantage there. Since ETH is a bearer asset, ETH can be locked behind some businesses or protocol guarantees to act honestly. So it's another way for how blockchain is permissionless. And it makes it easier for so much of what we see in Web2 to be completely revamped in Web3, which is what Van Eck was talking about there around blockchain and what Ethereum is doing in the banking space, the investment space, tokenizing a lot of things that we typically have to have these intermediaries to be talking to. Further into this report, we assume that 5%, 20%, and 10 % of the finance, metaverse, media, and tech infrastructure activity will move on chain. And what they're looking at is the base case, bull case kind of scenario that plays into finance, metaverse, and media, which is kind of an interesting mix between those. But media, we've talked about one of the reasons we do what we do. We believe that media is going to be moving on chain in the future. Further into this, let's see, we have one more couple of points here. Yeah, all right. Base case 2030 price target $11 .8 to Dermot valuation today's dollars. And then we find today's discounted price to be around $5 ,300. So not a bad value if you're looking at the overall on this. Let's go over to another clip here. And the other clip I want to get into is Matthew Siegel and kind of how they got to this level. Listen in. We're seeing a base case for 5 % or so of revenue banking is applied in some way to crypto and public blockchain. So that'd be the base. And so we dial it up a notch to 10%. Likewise, we do the same thing with each of the other categories, metaverse infrastructure, the bear case, we pull that down to 1%, 5%, 1 % respectively. And the idea behind that is that we see regulatory climate or adoption curve failing in each of those from the bear, hyper bear scenario. Not only is like the end markets not using blockchain, but Ethereum has a very small market share. Our assumption in the base and in the bull case is there's thousands of interchangeable L2s that don't have any real way to differentiate themselves. And so in that kind of scenario, you can see the cut rate that Ethereum can take of those settlements would be much, much higher or the underlying businesses. In our base case, we assume that Ethereum will take 70 % market share of all open source blockchains. And when we do our models on Solana, like that, our base case is that Solana takes 70%. And then we see what type of upside we get when we put in those assumptions. And we look at owning each of these tokens is basically we're owning a bunch of call options that each protocol will become the dominant protocol, even though it's impossible that they all could do so. And then we manage our position size based on what type of upside we see. Most of our deep dives have been on either layer ones or application specific. We have not done one of these models for L2s. And I think there's just more uncertainty around how that's going to play out. All right. So those were the VanEck analysts breaking this down that were part of that report that we just showed just a minute ago. So both of them kind of indicating that obviously ETH in a very bullish case, also Solana in a very bullish case. So another thing that is happening within VanEck, which is kind of interesting, is this right here. So they announced, let me kind of zoom in on this for you guys, that they intend to donate 10 % of our ETF profits into Protocol Guild for at least 10 years. So Protocol Guild obviously designed to help the ETH ecosystem develop, prosper, build on new Ethereum projects that are really kind of growing the ecosystem. So that is a pretty big statement, but it's also kind of investing in the infrastructure. It's interesting because you didn't really see that happen during the evolution of Silicon Valley, which is kind of where I case what's is we're in that kind of zone. They talked a little bit more about it. I'm not going to buy ETH Futures ETFs, but if I was, I would buy VanEcks mainly because they're doing what they should be doing, and that is supporting the industry and supporting where the growth is going to come from. So that's always benefited. I think the interesting thing there is that the space likes it. Here's Eric Balshunis, and they're off. ETH Futures Derby underway. VanEck is in slight early lead. Although it looks like a few of them are not necessarily out of the gate. We'll post updates as we go. VanEck, of course, leading the way right there and you've got Valkyrie coming in with a little bit of activity as well. VanEck with their low fees and what they're doing as an overall strategy might be the winner here. Remember, they were the first one. So it goes back to first mover. If you look at the current ETH Fut, of course, it's very early trading, but you can kind of see the big boom and then a little bit of a slight down where they are holding right around $16 .91. So interesting stuff. Let's go over to this next clip. This will break down a couple of things, I think, when you really consider what the store of value argument is around Ethereum. Let's just play this next clip. You'll get what I'm saying. So the whole exercise of the store value discussion is a little bit, you know, I really have to put a big caveat in there because what I'm really doing is mind reading. I can't point to a statistic and say, people, there was no poll that says I bought Bitcoin because it's a store of value. Things could be built on top of Bitcoin as well. And maybe they're just saying, oh, no, actually, I think Bitcoin's the best smart contract software. So I'm not a mind reader. So these are kind of generalizations and best guesses based on the narrative. And if you look at the transactions, on -chain Bitcoin transactions are about $400 ,000 a day. And that hasn't changed a lot over the last several years, which I think is interesting. But if you look at Ethereum, the Ethereum transactions, the total amount of transactions on the Ethereum blockchain is in the trillions annually now. That's a big number. Ethereum is the most famous. Solana has performed really well this year. I actually think that will continue next year. That category of digital asset tokens has been the best performing this year. We think that's kind of accessing the blockchain and that's the space that we're most interested as a firm. All right. Well, it's good to know. I mean, because I think they hit on both the tokens that we like, which is Solana and ETH. And if you do look at Bitcoin's transactions that it was mentioning there, and I meant to say Bitcoin transactions, but this is the one year and if you just go out to the three year, there has been a little bit of an uptick here. But I think some of this has been the idea of where all of this is going, because just in the essence of what is happening in crypto in general, it's starting to accelerate in a big way. And what he mentioned there, meaning Van Eck mentioned, is that the explosion has been happening around Ethereum. Of course, if you look at Ethereum's transactions, almost same period of time, you see the kind of movement that we're talking about here all the way back from 2019 right there into 2020, all the way to where we are right now, which is in the depth of a bear market. We are in the depth of a bear market when all this is happening. And when NFTs are dead and all those kind of things that really cause pain in the ETH that's ecosystem, the kind of transaction levels that we're continuing to see. Now, other things that are driving this, there's been a couple of projects that have launched here recently. One, of course, is Pudgy Penguins. We did a full report on this, but Pudgy Penguins ran a live shopping experience on TechTok. And there are some interesting things within this that is going on. And what I want you to think about is just forget that it's Pudgy Penguin, I just want to think about retail in general, because retail in general is going to start to implicate. Now, obviously, a Pudgy Penguins project, they're very native to what's happening in crypto. But the cool thing is, is direct sales, they have some key insights. Let me zoom in on this for you. Direct sales showcase products, increase discoverability, audience engagement, global reach. Any retailer out there, especially direct consumer, etc., would love those kinds of insights coming out of something in terms of a digital campaign. So, big deal. A couple of things that came, they did a pin appeared, allowing viewers to add the featured toy to their cart and then check out directly within the app. Remember, this is the digital version of the NFT. And then Pudgy Penguins received over 33 ,000 likes. TechTok Shop recently launched in the U .S. It was available through parts of Asia and the United Kingdom. And then live shopping is expected to reach around $235 billion in sales this year in China. That's insane. And then Pudgy Penguins obviously is a unique position to leverage TikTok Shop to expand their brand. This will grow globally for them, but I think what you're going to see is more retail and also more projects that understand how to leverage all of this. Remember, this is all riding on Ethereum. So, it plays right into the hands of think of what's happening here. So, it's not all friendly Penguins. Now, we've got the Swiss bank UBS launching tokenized money market fund on ETH. And I think this is just one of those things. They're doing an exploratory initiative, but they are going to go through traditional financial institutions, fintech providers, etc. Further into this, you get Ethereum applications from the New York Stock Exchange to the SEC. All of this riding on Ethereum. This is the point that I talk about often, and that is this whole adoption curve. Many people think it's that slow curve, and then all of a sudden it's just straight up. I don't know if we're there yet, but what I am thinking is that there's so much activity in this space and the timing through this bear market has been so suppressive of some of these digital assets that we could be right there on the cusp of an explosion. Now, obviously, there's a lot of other things that have to happen. Some of the things that could happen to cause that kind of explosion are things like this. Is BlackRock's next to file for a spot ETF? That would be huge. If BlackRock said, we're going to go the Ethereum route as well, absolutely massive for the ETH ecosystem. So, for sure. Now, this was an interesting statement. Ripple effect of grayscale decisions is massive. SEC would have faced similar legal challenges for denying ETH futures and ETFs. By approving ETH futures, ETF, now the SEC is effectively conceding that ETH is not a security. This will no doubt impact the Coinbase and Binance litigation. All of that starts to play into this. You start to get a picture of this global reaction that is going to happen within this ETH ecosystem. And I think this is the kind of thing that starts to put you in a position where you can really start to leverage against these. Now, it's not all beautiful, but this was Dave Levine. He talks about this whole ETF futures thing as a scam. I want to play a clip for you. Listen to what he had to say. Do not be fooled by the news that there is an Ethereum ETF. There is an Ethereum ETF, but it's not buying Ethereum. In other words, Bitcoin went up 35%. It's a pretty big game. But if you bought the fake ETF that is not buying Bitcoin, you only went up 14%. So where did that other, where did 50 % of your gains go? They're lying in the pockets of the bankers. Again, it's supposed to be protecting investors. You know, that's why I call these ETFs a scam and they use the name Bitcoin to say what you're buying and it's not what you're buying and it's guaranteed to underperform. I mean, what is the definition of a scam, right? He is a hired gun to do that stuff, right? And the, and the court ruled on it. They said that the SEC loses on all counts because its case and its, and its, uh, its arguments are capricious and incoherent. And there is this risk that, you know, ETH goes up so much, so fast. The Wall Street bank that is trying to track the price because they don't actually own ETH can't actually track it because whatever they're holding doesn't go up anything close as much. And then they go bankrupt because they can't meet the obligations. Believe me, if some Wall Street bank goes bankrupt because ETH goes up or Bitcoin goes up so much because they were playing games and they got exposed, they're going to blame crypto, not their shenanigans. So the whole thing stinks. Coinbase has a thing, it's called stand with crypto click. It tells you who your Congress person is, gives you a little script. I went off script and gave them an air full. Do it. All right. So he hits on a few things with point with these future ETFs is it happens in all markets. This is, this is just one of many out there that are non crypto related. It's obviously being crypto related. So I would dispel the fact that these are scam. These are yes, they're high fee scenarios. There are other ways to invest in these assets, but people look at this in a different way. Mainly this is mainstream investors wanting to go in on these assets and they're not ready to open an account with Coinbase or other things like that. But he did mention something at the end and that is stand with crypto. Listen, this, if you're not already doing it, you should be doing it. Go out and just hit stand with crypto. You can call your Congressman, email your Congressman and it helps you kind of go through the process of letting people know where you stand on all of the 16 ,000 contacts right now at the Congress. So huge, huge movement here. 150 ,000 crypto advocates. This is going to be a big part of next year because next year we are talking about an election year. So it's going to be huge. So definitely. Now if you are interested in buying ETH directly, you can actually do this in a traditional finance way right through the Fidelity app. So check it out if you're not a Fidelity customer. They're not a sponsor, but we've used it, we've tested it and it's fantastic. So that's another way to go. All right guys, we're going to wrap that one up from here. One thing to remember, and I'll leave you with this, this is Mr. Patrick McHenry hitting it in right there home. And that is SEC Chair Gensler refuses scheduled commission vote to provide Congress with requested documents. They are talking about the first subpoena to the SEC ever. That would be huge in the way of who knows what they'll find. What would we see in the way of bipartisan, you know, enforcement that we've seen the FCC pretty much put at will to go out. This may play its course right now with Patrick McHenry. He's not playing around anymore. We'll see how it all plays out. But you guys know what to do and that is join the diamond circle so you can follow what's playing it out. Not only the legislative side but also taking a look at some of the projects that we break down and of course some of our additional content including our Web3 podcast over there with Kyle. We do a We'll leave a link down below if you guys want to catch me on Twitter. It's out there at Paul Baron. We'll catch you next time right here on Tech Path.
Bankless
A highlight from ROLLUP: Coinbase Crashes DC | Gary Grilled By Congress | Vitalik Deepfakes
"Miss Wagner is like, yo, MIT version of Gary was pro -blockchain, but SEC Gary is anti -blockchain. And then Richie Torres is like, yo, it's a Pokemon card of security? These people are listening to crypto Twitter. They are like, these are our things. The power of crypto Twitter is like getting into Congress. Well, it's because it's distilled logic. I mean, Bankless Nation, it is the last Friday of September. David, what time is it? It's the Bankless Friday Weekly Rollup Ryan where we cover the entire weekly news in crypto, which is always an ambitious endeavor, yet we persevere nonetheless into the frontier this week with a bunch of clips of Gary getting grilled. So everyone, everyone prepare for that one. If you're not listening to this with coffee, because it's too late in the day, well then you should get your popcorn, because that is what you will need. I mean, this is a catharsis, I think, for many of you in this episode. You'll enjoy this very much. Also, crypto was present in Washington this week. Yeah, Coinbase's stand with crypto day was held at Capitol Hill the same day that Gensler was giving testimony in front of Congress. Convenient. What about the timing of that? David, what else we got? After that, we'll talk about pudgy penguins in Walmart landing a huge deal, a ton of distribution for pudgy penguins, also with each toy purchase having an on -chain identity on ZKSync. So we'll talk about that. And then after, also not only are penguins getting identity, but citizens of Buenos Aires perhaps also getting some on -chain presence as well. We'll talk about that. And then, of course, we're going to do the PSA of deepfakes and phishing attacks that are out there. We got a Vitalik deepfake that we want to show you. It's pretty hilarious, but not if you believe it. Notable VC Fred Wilson got phished for 40 NFTs this week. So if Fred Wilson can get phished, so can you. We will talk about this and more. What else we got, Ryan? You know, the usual Bitcoin ETF stuff. ETH might be getting futures. There's a ton to talk about every week. This is a bullish week, I think. I'm declaring it such, David. It is a bullish week. And we got some green candles when we get to the markets. But before we get in, David, we got a message from our friends and sponsors over at Layer Zero. What do they want the folks at home to know? They want you to know that after a year, over a year of combined effort, Layer Zero and Google Cloud have announced their partnership, and they are ready to build the interoperable cross -chain apps of the future. What is Layer Zero? Of course, Layer Zero is a set of smart contracts that are deployed on every single chain. These smart contracts connect to each other. How do they connect to each other? Well, they need some Oracle service in the center to be the chatterboxes, the passing messages between all of the Layer Zero smart contracts across all of the 50 different chains. Google Cloud is that new default Oracle. That is the partnership that they have created. So there is a link in the show notes for you to go explore more if you're a builder who wants to build on Layer Zero. LayerZero .network is also the URL. Well, you know what I want to learn more about this week, David, is markets. Tell me about the old markets. I think, I think, I haven't looked at this yet, but I think we got some green on the week. We got some green, dude. Let's look at the Bitcoin charts first. What's Bitcoin showing us? Some single digit green. Look at that green right on the right. That's your dose of dopamine for this week. It's like, whoo, Bitcoin up 2%, whopping 2%. Started the week at 26 ,600, ending the week at, well, Thursday morning, if you call it the end of the week. It's not the end of the week. 27 ,150, up 2%. Ether price up a little bit more, starting the week at 1660, up 4 .5 % to the current price, excuse me, starting the week at 1560, ending the week at right around 1660, where we are right now. 1660. I mean, it's still low. That is a low price. We are getting excited about very little right now. Yeah. It's up such a small degree, you shouldn't even be excited about this. And yet we are. Yeah, we are. 4 .5 % on the week, I'll tell you. It's better than flat. When's the last time we had a double digit week, man? Double digit up or down? Up. I can't remember either, actually. We've been in the flatlands for so long. It's just like kind of a little bit of a bleed out all the way from 1900. Weren't we over 2000 a few weeks ago? Yeah, we have touched over 2000 in this bear market, but man, it certainly doesn't feel like it. Last time we were at 2K was July. In July, briefly. We weren't at 2K. Yeah, I can't remember July. Well, I was in the mountains. It's been downhill ever since I caught back for the mountains. Yeah, it really was. It's been all downhill since you guys. The only thing you can do, David, is go to the mountains. Bad things happen to Gary Gensler when you go to the mountains. Although, I guess nothing bad happened to him this week. Anyway, I'm skipping too far ahead. We'll have our Gary later in the episode. ETH, Bitcoin, up 2%. Total crypto market cap, $1 .11 trillion. Layer 2 scaling factor, touched 6 % this week, down to 5 .5%. Still at all -time highs. Layer 0. Wait, what touched 6 %? Excuse me, not 6%. Total value loss? 6x. 6x is what I meant. Oh, activity. That's what you like to look at. Yes, layer 2 activity touched 6x of Ethereum, but now it's at 5 .69. Nice. 60 transactions per second, 64 transactions per second. Yeah, that's where we get the 6x. We got more transactions per second left in this tank, I think. Oh, yeah. David, you want to talk about the general markets, like all the TradFi markets? You want to talk about macro really quick, because it's been super confusing to me. It's been super confusing. And then I read this tweet. We're also doing a macro show on Tuesday as well. So a macro show, so talking about the state of macro from a crypto person, so it's a crypto person who understands macro, so I'm really excited for that show. Are you a crypto person that understands macro, David? Do you understand macro? When I have a smarter macro person with me, then yes, I understand macro. My question to you is, does anybody really understand macro, particularly right now? Oh, you mean current snapshot? Definitely not. Yeah, all right. So here's the tweet. Current situation. One, stocks are falling like a recession is coming. Two, oil prices are rising like there's no recession in sight. That's contradictory. Three, interest rates are rising like we have 10 % inflation. Yes, they are. Four, gold is falling like inflation is gone. Five, housing prices are rising like rates are falling. And six, commercial real estate is falling like it's 2008. Nothing adds up here. That's the way I feel about macro right now. It's very confusing. There is a confusing set of signals going on, and it's not adding up in my head. What do you think about this? Yeah, they follow through, and they say it's beginning to feel like a pivot point in sentiment. I don't know if I'm about to say what I think they are meaning by this, but when there's a bunch of confusion, people, I think, brace for something, brace for clarity, and then whatever that clarity is will define sentiment. Where are we going? We don't know. As soon as we find out, we'll know how we feel about it. But we know it's going to be different from here. Different good or different bad? Those are the only two directions. Yeah, I guess that's the reductive take about it. But it's basically like we don't really know. That's why I'm very interested in doing this macro episode next week to see what the newest macro person kind of knows. I will say one thing, though. I think volatility is back on the menu. I think that's what this means. Because when the market doesn't know what direction it's going to go in, then it can kind of lurch in one direction or the other. So weird macro climate right now. On the back of stimulus, on the back of money printing, like what's going on here? And just to be clear about something, we've previously talked about stocks being at all time highs. That's been kind of the theme of the last two months, I would say. Well, so from looking at the SPY, you don't have the chart up, but it has declined by 7 % since July. So the SPY is down 7%, which is more. That goes to the first bullet point. Stocks are falling like a recession is coming up. I don't know. It's down 7%, just doesn't feel like a lot to me. Well, in the trade market, 7 % is a lot historically, but not recently. 7 % in the trade market is actually, that's just like, trade markets are also volatile. OK, well, we'll try to make sense of this, but let's get back to crypto. This is a negative report from JP Morgan, who said, Ethereum's activity post -Shanghai that was the last hard fork back in March, has been disappointing. JP Morgan calling Ethereum's progress disappointing. They've got some reasons for this. While the shift from proof of work to proof of stake meant that the energy consumption from Ethereum collapsed by 99%, the Ethereum supply is shrinking and staking rose sharply by 50 % since the Shanghai upgrade. While that happened, the increase in network activity has been rather disappointing. Ethereum's daily transactions, daily active addresses, and total value locked on DeFi protocols on the network have all experienced declines since the last hard fork. So JP Morgan, their analysts expressing some bearishness here over the last six months or so. Yes. I'm not mad, just disappointed with that activity. My response to that is, who the hell are you? JP Morgan doesn't know how to analyze these things. Well, I don't know. Ethereum post -Shanghai activity, it's just the broader crypto downturn. And also, they're just wrong, JP Morgan, he is wrong. They say layer twos have displayed mixed results. Well, no, TVL and economic activity on layer twos across the board are all up. I don't know where the hell they're getting their data from, but not only is their data wrong, but their analysis is poor. Well, let's go to the actual numbers, Stephen. Layer two beat provides a good source for value locked on layer twos. What are we looking at? At the 180 -day time frame, it's basically flat. It's marginally up, it's basically flat. It's a flat TVL, $10 .5 billion. Activity is up, it's up so much. It's unequivocally up by a lot. I'm disappointed in JP Morgan. Wow. Have you ever been not disappointed with JP Morgan, David? I'm generally disappointed by banking in general. Really? You should start a podcast called Bankless, David, about escaping your bank over time, slowly. I think Vance Spencer put that tweet in perspective as well. Actually, I don't think he was responding to that tweet in particular. But we are. We got some perspective here from Vance Spencer. This is Ethereum, if you chart it against some of the fastest growing tech companies in human history, companies like Alphabet was Google, of course, and Meta or Zoom or Microsoft, and how quickly, over time, it took them to surpass $10 billion in revenue. How long did it take them? It took Ethereum seven years. When charted against these other tech companies, there's only one that did that faster, and that is Google. Yeah. Ethereum really did all of its $10 billion of revenue inside of 2020 to 2023. I mean, so look at this line. It's just kind of like a slope line up. So I mean, doing pretty well, all things considered, JP Morgan. Not disappointing. I'm not disappointed by this. And I'm not disappointed. Also, long -term perspective, not disappointed in the price of ETH over the last seven years either. And we can keep going. Uniswap this week hit 300 million in swaps. 300 unique million trades, swaps, has happened on Uniswap. Uniswap was invented in 2019. 300 million swaps since 2019. Is that disappointing? Is that disappointing? I'm not disappointed by that in the slightest. I feel great about that. Maintain my disappointment about JP Morgan. You know, I think it's part of a broader crypto sentiment, and I've seen a lot of takes just in general in news, but even in financial analyst news like JP Morgan research, that sort of thing. It comes back down to this, David. Mainstream thinks that crypto is dead, again, like always. This always happens. And this is what makes this a buying opportunity, as with previous cycles. And when crypto 10x's the next cycle, don't let anybody tell you you didn't earn it. Because if you're buying here, when everyone is saying crypto is dead, it's never coming back. That they're disappointed. That's how you earn. It's so easy. The signals are just being laid at our feet right now. They really are. I tweeted something like that out, and somebody responded with this life cycle. What are we looking at here? Yeah, just like the cycle of the bull bear market. So in the top of the bull market, some crypto friend of you will tell you, a bankless listener, you're so lucky. I wish that I bought two. And then the crypto market will go down and be like, you're an idiot. I told you crypto was a scam. Yeah, so especially when they say the words disappointing, it's such an emotional word. It's kind of just playing into the readership. I don't know if JP Morgan is about that game. I mean, we're in the stage of the cycle where everyone thinks you're an idiot. And they told you it was a scam. And you can't talk about crypto at your family events or parties because you're just the crypto moron who knows nothing. And ha, ha, ha, SPF, FTX, that's so stupid. Scams, frauds, NFTs are such a joke. Well, granted, some of those things are actually true. Sure, sure. But if you're still in crypto and you know why you're here. And you're no longer buying the scams because you can identify them. And then you'll swing back to like, I am a genius. I am amazing. I am lucky. Or third parties will say you're lucky when that happens and you'll feel like a genius. You've been chewing glass for three years, but you know, you got lucky, though. You got lucky. How about the Bitcoin ETF, David? Here's a tweet from James Seyfert. What's this about? He just says that the SEC has come out super early and delayed the ARK Invest and 21 shares Bitcoin ETF filing. There wasn't a decision due until November 11th. And typically up until recently, the SEC has always gone up right up until the buzzer. But they decided to delay their decision on this earlier than usual. You know why? Partially? It's some speculation. It's because the government's about to shut down. The U .S. government's about to shut down. That's on Monday, right? On Monday? Yeah. So apparently if by Sunday night, this Sunday night, Congress doesn't reach some sort of compromise resolution, whatever agreement to keep the government running, then it shuts down yet again. I mean, how many times have we been through this? And so this is the SEC just getting ahead of that so that the stuff doesn't expire while the government shut down. And I guess, I don't know what would happen if the government shut down and these deadlines were missed. But maybe they would de facto be approved. I think that could be how it works. Is this some sort of pseudo oracle about how the SEC thinks that if we do go for a shutdown, we'll get shut down all the way until at least November 11th? I have no idea. I have no idea what this could mean. I do know this is good news. So Congress, both Democrats and Republican lawmakers, sent a letter to Gary Gensler pleading that he approve a spot Bitcoin ETF.
Crypto Curious
A highlight from 97 - NFTs Are Dead - AGAIN, Amazon's AI Race Aids FTX Creditors and Immutable's Rise
"This is an Equity Baits Media podcast. ACAS powers the world's best podcasts. Here's a show that we recommend. Tell me about your mama's kitchen. That simple question opens up a flood of delicious memories and it's at the center of my new Audible original podcast called Your Mama's Kitchen. My mama's kitchen was chaos. This teeny tiny little room was where we did everything. We grew up there. We became teenagers, adults in that small space. I'm Michelle Norris. The kitchen is usually the heartbeat of our homes. It's the place where we're nourished physically and spiritually. Our loudest laughter is in the kitchen. But so too are some of our most vulnerable moments. Each week on Your Mama's Kitchen, I'll talk to guests, actors, authors, chefs, musicians and more about how the food and the culinary traditions of their youth shaped their lives in interesting and sometimes surprising ways. One of the big questions is, what is money? For practical purposes, it exists in a series of heterogeneous databases, very different databases. Do you believe in crypto digital currency? It may be an answer, but it is the highly respectable disaster. I'd go on a quick one. There is no second best. Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go to source for all things crypto currency, whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus we'll share quick bites of news and insights that you won't want to miss. If you're new to crypto, we recommend starting with our early episodes, we'll break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll discuss the supposed death of NFTs, how Amazon's race for AI affects FTX creditors. And we'll talk a little about the mover and the shaker this week, plus loads of short sharp news bites. So let's get on with it. My name is Tracy and I'm joined by my mates Blake and Craig as we catch up on the crypto news. Hey guys, how are you going? Very well, Trace. Good to be back. How are you? Yeah, very well. How are you going Craig? Very good. Thanks, Trace. I've just learned that tomorrow is 200 days until the halvening, which is very exciting. It is very exciting. Is it speeding up or is it just me? I don't know. It is speeding up. But have you guys noticed that it is popping up in a lot more fees and news at the moment? Like it's getting a little bit more traction now? I haven't noticed, but that wouldn't surprise me. I think until there's 100 days left. Oh, yeah. It's going to be good. There is a counter that you can get on Google, but I think there are a few more counters that pop up as we get a little bit more excited. So at the end of the year will be about 100 days. And I think that's when people will start to realize that the countdown is coming to an end. Exciting. Alrighty, let's jump into our first news story of the week and what was dominating headlines over the past seven days. There was some research put into the world recently, and like I said, it's made headlines in the crypto sphere, but filtered out into the normie news as well. I saw it covered in some mainstream news publications. It was on the project, Rolling Stones grabbed onto it as well, did a big story. And it was a big story because it had great headline pieces. 95 % of all NFT collections have zero value. NFTs are officially dead. These are some of the headlines that came. So NFTs have seen a bit of a boom and bust, especially over the last 12 to 18 months. The market has been flooded with a lack of buyers. But what has brought on this headline over the last week? It's a study that encompassed over 73 ,000 NFT collections and found a massive imbalance in the market and showed that 95 % of these collections had a zero value, Craig. That's right, Trace. The articles called it Debt NFTs, the Evolving Landscape of the NFT Market. It was by this group called DAP Gamble, which is a community of experts in the finance space. We'll chuck it in the show notes below. But I think looking back, as you just said, 73 ,000 NFTs, most of them were probably just art collections of apes, penguins, space aliens. Like we had peak euphoria. And I had me and my mates getting up at 6 a .m. for a Zoom call for mints on Solana. That doesn't scream peak euphoria. I don't know what does. But, you know, as it said, 95 % of these NFTs are worthless. But there seems to be a smaller pool of collections that people are still paying quite a bit of money for. Bored apes are still going for 24e. The nouns. The pudgy penguins are still going. Nouns, exactly. Yep. So this is a misleading figure, I feel. Well, of course, it's a misleading figure. You know, in the peak ball run, everyone's trying to figure it out. Every man and their dog was launching an NFT collection. I even had a mate that launched one. It was just peak hysteria, peak euphoria.
Ethereum Daily
A highlight from Celestia Announces TIA Genesis Drop
"Welcome to your Ethereum news roundup. Here is your latest for Tuesday, September 26th, 2023. Celestia announces its TIA token genesis drop, the EF ecosystem support program announces a data collection grants wave, Blocknative suspends MEV boost relay, and Paradigm launches a crypto policy initiative. All this and more starts right now. The Arbitrum on Gitcoin Grants Round is now live. If you'd like to support this podcast, please consider contributing by visiting ethdaily .io forward slash gitcoin. Celestia, a modular data availability network, unveiled plans for its Genesis Drop, an airdrop of its native network and governance token called TIA. The airdrop will distribute 60 million TIA tokens, equivalent to 6 % of the token's total supply, to developers and on -chain addresses that have interacted with Ethereum rollups, Cosmos Hub, and Osmosis. Eligible users can claim their airdrop until October 17th of this year. The claimed tokens will be readily accessible directly in users' wallets once the network launches on mainnet. TIA tokens will be used to pay for blob space within Celestia's network, which operates on a data availability sampling -based architecture. The Ethereum Foundation ecosystem support program announced the Data Collection Grants, a grants initiative for research and development related to data collection and visualization of the Ethereum network. The program seeks the development of open -source infrastructure for testnets and data collection, such as fork monitors, better indexing, and standardized data models. Builders can submit a proposal between now and October 23rd. Proposals can be at any stage of development, however the program does not reward retroactive work. Grant selection criteria includes the potential impact to the Ethereum data ecosystem, relevant team experience, budget and timeline, and alignment with the program's goals. BlockNative is suspending its MEV Boost relay and associated Ethereum block builders, effective from September 27th at 8 a .m. PST. The relay data API will also be deprecated after October 4th. BlockNative says the change is not expected to disrupt validator, builder, searcher, or other network operations. BlockNative cited a focus on economically viable opportunities aligned with its values and capabilities as the reason for the service suspension. Validators, searchers, and BlockNative Protect users are advised to make changes to their connection configurations to avoid encountering error messages after the suspension. And lastly, Paradigm launched the Paradigm Policy Lab, an initiative for crypto policy consisting of a team disciplined in academia, law, and technology. The crypto policy group will conduct research and analysis focused on reshaping crypto policy and fostering innovation. The initiative includes an academic fellowship program and a research hub for addressing crypto policy questions. In other news, the Pudgy Penguin NFT project launches its Pudgy Toys across 2 ,000 Walmart locations, Optimism increases its rate limit for its developer RPC, and Altlayer launches Phase 4 of its Altitude campaign. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you tomorrow.
Coronavirus
A highlight from Celestia Announces TIA Genesis Drop
"Welcome to your Ethereum news roundup. Here is your latest for Tuesday, September 26th, 2023. Celestia announces its TIA token genesis drop, the EF ecosystem support program announces a data collection grants wave, Blocknative suspends MEV boost relay, and Paradigm launches a crypto policy initiative. All this and more starts right now. The Arbitrum on Gitcoin Grants Round is now live. If you'd like to support this podcast, please consider contributing by visiting ethdaily .io forward slash gitcoin. Celestia, a modular data availability network, unveiled plans for its Genesis Drop, an airdrop of its native network and governance token called TIA. The airdrop will distribute 60 million TIA tokens, equivalent to 6 % of the token's total supply, to developers and on -chain addresses that have interacted with Ethereum rollups, Cosmos Hub, and Osmosis. Eligible users can claim their airdrop until October 17th of this year. The claimed tokens will be readily accessible directly in users' wallets once the network launches on mainnet. TIA tokens will be used to pay for blob space within Celestia's network, which operates on a data availability sampling -based architecture. The Ethereum Foundation ecosystem support program announced the Data Collection Grants, a grants initiative for research and development related to data collection and visualization of the Ethereum network. The program seeks the development of open -source infrastructure for testnets and data collection, such as fork monitors, better indexing, and standardized data models. Builders can submit a proposal between now and October 23rd. Proposals can be at any stage of development, however the program does not reward retroactive work. Grant selection criteria includes the potential impact to the Ethereum data ecosystem, relevant team experience, budget and timeline, and alignment with the program's goals. BlockNative is suspending its MEV Boost relay and associated Ethereum block builders, effective from September 27th at 8 a .m. PST. The relay data API will also be deprecated after October 4th. BlockNative says the change is not expected to disrupt validator, builder, searcher, or other network operations. BlockNative cited a focus on economically viable opportunities aligned with its values and capabilities as the reason for the service suspension. Validators, searchers, and BlockNative Protect users are advised to make changes to their connection configurations to avoid encountering error messages after the suspension. And lastly, Paradigm launched the Paradigm Policy Lab, an initiative for crypto policy consisting of a team disciplined in academia, law, and technology. The crypto policy group will conduct research and analysis focused on reshaping crypto policy and fostering innovation. The initiative includes an academic fellowship program and a research hub for addressing crypto policy questions. In other news, the Pudgy Penguin NFT project launches its Pudgy Toys across 2 ,000 Walmart locations, Optimism increases its rate limit for its developer RPC, and Altlayer launches Phase 4 of its Altitude campaign. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ethdaily .io. Thanks for listening, we'll see you tomorrow.
Tech Path Crypto
"penguins" Discussed on Tech Path Crypto
"All right, so this is big. And in the way, for some of you, maybe you're brand new to our channel and you're trying to understand, Paul, but I thought NFTs were these little JPEGs. This is the extension of an NFT into a digital to physical real-world asset or real-world element. In this particular case, it's a toy. This could work in any industry across any type of asset out there. Kudos to the Pudgy Penguins team because they've been able to kind of transcend this challenge that the NFT space has had over a short period of time here. We've dealt with this in terms of everybody saying, NFTs are dead. Now we've got it in the biggest retailer on the land. And don't forget, now in its 2,000 stores, Pudgy Toys across Pudgy World, a multiplayer digital social platform where users can build forever Pudgy characters. And then Pudgy World is based on zkSync ERA. And of course, that's the Ethereum Layer 2 blockchain. A little bit different, but the good thing is that it is on ETH. Walmart is going to sell 26 different of the Pudgy Toys. Pudgy Toys cost between $3 and $12, so you'll be able to get those now. And we know our customers are looking for the latest trends and innovations to give themselves or a loved one. Again, looking at kind of this growth and evolution in the space of Web3. Toy designs feature traits based on IP from the NFT collections, including Mebits and DeGods. Both of these are also tied in, so technically you've got Mebits and DeGods also on Walmart shelves. NFT holders will receive licensing royalties for each corresponding toy that is sold at Walmart. And we just announced that obviously with the video. Walmart also will offer consumers the chance to find a golden ticket, so gamifying it. This is exactly how we've talked on this channel many times about the evolution and the birth of what will happen in Web3, especially around the digital space. This is a good example of the case becoming one. This, of course, was right there, Luca over there. One small step for Pudgy Penguins, one giant leap for Web3. And there they are right there on an end cap, too. This is a hard location to get. And it's lining up right in time for the holidays. So you've got, I'm kind of curious, I wonder if there's another retailer, maybe a Target, an Amazon, that is going to drop something on the NFT space. Remember, we still have Black Friday coming up in November and probably quite a bit of lead up to this. This could be the first thing that starts to break loose in the retailing categories around NFTs and these fidgetals playing for us. Don't forget, also, that Amazon was the first one out of the chute with this, okay? And they broke all kinds of sales records on this thing. So this, I think, was a little bit of maybe jealousy, but it's a good jealousy in the sense that Walmart said, Okay, wait a minute. We think we can do a better job with this. We're going to start and trial this out. If they go out and they're successful with this, which I think they will be, I think this thing is going to sell off the shelves, this is going to change retailers' mindset. And when you change retailers' mindset, you start to invade into all the categories of retail. This is just retail goods and services. Now, next up, we're probably going to see this in the travel space, the food space, the fashion space, all those things that we've been tracking for this bear market, I think, is coming to a head and really in a good position. Just to look at PUBG Penguins right now, they are number 10. Let me kind of zoom in on that a little bit. Number 10 right now, climbing the charts right now. There's Gods in the Chain, and you can kind of see. And, of course, DraftKings, remember, they did that big deal with ESPN. And then, obviously, Board Ape, kind of the icon of the NFT space. But the fact that they're getting that is good. Also, if you look at PUBG Penguins on OpenSea, just since August 24th, that was hovering at around 3.7 ETH as their floor price. And now, this has accelerated up here to 4.7. So, a full ETH in less than a month on PUBG Penguins. Somebody knew what was up on this, and I think this is going to be one to watch. So, everybody thinking NFTs are dead. Everybody thinking that this market is not going or is going away. This market is here to stay. This strategy, this technology, and this integration into goods and services, creator-led products and services is here to stay. Don't forget, Gary Gensler is going to have to now go after Walmart instead of the low-hanging fruit like Mila Kunis over on Stuttercast. So, I don't know. This is just one of those things. Let's see how the SEC looks at this. Because I think this continues to break through the barriers of what NFTs are in terms of securities. We're going to be covering this story and many more things around this topic. But also, looking at more of the strategies of where companies and big business are going to be going, maybe this holiday season, but also into the future of how to integrate sigitals, NFTs, the creator space becoming part of this, which I think is the bigger story here. And all of that, so make sure and stick around. Make sure and subscribe to the channel. If you're not subscribed now, you can just hit the bell. We'll give you some live updates when we go live. And we also love to get your feedback, so drop some comments down below. If you're not part of our Diamond Circle, make sure and jump in right now. It's one of the things you can do to get additional alpha content. We do a Web3 podcast over there with Kyle. And then we drop a whole slew of additional research and other stuff that we don't do here on the YouTube channel. So make sure and check that out. Just use the link down below. If you guys want to catch me out there on X, it's Apple Baron. We'll catch you next time right here on Tech Path.
Tech Path Crypto
A highlight from 1268. BREAKING! Walmart Launches NFTs in 2,000 Stores! | Ethereum Pudgy Penguins
"Web3 and NFTs just got real today with Walmart's launch of Pudgy Penguins. Now, what does that mean? We're going to break all that down for you and why Walmart is making a massive move into the NFT space, all based on Ethereum. My name is Paul Barron. Welcome back in the Tech Path. Let's get into it today, and that is, on this day, Web3 enters a brave new world. Pudgy Toys, Pudgy World are now available in 2 ,000 Walmarts in the United States. Remember, this is an NFT. This is a game. And, of course, this is all built on the Ethereum blockchain. So, again, right here, Walmart now stepping and weighting their toes into the space. If you look at what's happening with Pudgy Penguins, let me play this clip for you, just to give you guys an idea of what they've launched. My name is Luke Anetz. I'm the CEO of Pudgy Penguins. And today, it's an amazing day to be a Pudgy Pangu. But it's also an amazing day to be a part of Web3 and NFTs. Pudgy Toys are now in the aisle of our favorite retailer, Walmart. This is a huge step forward in bringing people into our industry and pushing the boundaries of what it means to build on the blockchain. Every single one of these toys that you see here is an NFT licensed directly from our community. And every time one of these sells, they get a royalty in perpetuity. This concludes Season 1 of Pudgy Toys. But rest assured, Season 2 is right around the corner. Remember, a brave new world is not a destination. It's the beginning of a journey.
Thinking Crypto News & Interviews
A highlight from Joshua Stone Interview - Bringing Books To Web3, Book.io Books on the Blockchain, Mark Cuban Investment, Cardano ADA
"Welcome back to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Joshua Stone, who's the CEO and co -founder of Book .io. Joshua, great to have you on the show. Yeah, thanks for having me here. Appreciate it. Well, Joshua, I think it's timely that I'm speaking with you because I'm in the process of writing a book. And so I'm very curious about Book .io and what are the other options for me as a soon -to -be author where I can publish my book on the blockchain and get some additional benefits. Before we get into all that, though, tell us about yourself, where you're from, where you grew up. Yeah, for sure. So I grew up in Oklahoma. When I'm traveling, I like to tell people I grew up in Indian territory and, you know, kind of encapsulates this sort of free spirit, unregulated environment that I just kind of grew up in. And my dad was an electronics engineer. My mom is a really incredible amateur artist. So I grew up in a very left brain, right brain kind of background. And what was your professional career before founding or co -founding Book .io? Yeah. I got online. Like I said, my dad with the electronics engineering, I got online really, really early and kind of got fascinated with this intersection of graphic and engineering kind of where they cross over. So I really gravitated more towards like a product design and user experience strategy side of things. So I actually got my first large job out of school. I went to Oklahoma State University and worked on the very first version of Fandango for Subark. And that was back in 99 and then worked at some larger internet companies that did a bunch of stuff for AT &T, led the product group for hotels .com with Expedia, and then kind of got more into the startup scene, was in a social media startup that sold. And that kind of got my interest into the book publishing industry. So I actually previously had co -founded an ebook company that we specialized in bulk distribution of eBooks to universities and really large organizations. And we sold that back in 20, I think we sold in 2015, I stayed till 2018. And so, I had kind of approached the book industry from a technologist sort of standpoint. And yeah, and then took some time off after that, really got just super deep into crypto and tried to kind of determine my next startup. I wanted to be a Web3 based company. That's awesome, man. Because you have a Web1, well, you have experience in Web1 and Web2, and now you're building in Web3. That's pretty incredible. What was your first encounter with Bitcoin? I'm always fascinated by folks' different stories, and what was your aha moment? Yeah, I feel like a lot of the story is always like a story of frustration of, I wish I would have. And so, I read the first white paper pretty quickly after it came out, just because I was in a social media startup. So that stuff like circulated quickly of like, oh, there's this internet money thing. And I talked to some engineers and I'm not heavy engineer. I've done some engineering stuff, but at that time, I wasn't capable of studying, I guess I could have really went and stood up a stack and tried to figure out how to mine it, but I tried to convince some engineers to mine it. And that happened a couple of different times. And it was a kind of classic argument of like, hey, this will cost us more in electricity than we'll ever make. And in hindsight, it's like, dang it, I should have just put them in a headlock and made them do it. So, it wasn't really until 2017 that I came around and jumped back in where I could actually start to buy from exchanges easily. I think at that time, maybe Coinbase only had like four coins listed. And so, I spent a lot of time on like foreign based exchanges and just really like diving super, super deep and through all the kind of ICO crazes of 2018 and the crash and yeah, I think I really was becoming more obsessed with what does blockchain mean at like a bigger level from a, just like a decentralized nature and like how, my entire career up to that point, just like sort of thinking like what all would need to be re -architected in this way of like a decentralized blockchain based way. Oh yeah, for sure. So, tell us about book .io, how did that idea come about and what are the different services? How does it work and so forth? Yeah. So, Yeah. you know, one of the biggest hindrances in crypto in my mind has always been just like mass adoptability, right? Like making it accessible to the masses. A lot of times, like I pick on my mom and just say, you know, my mom's not going to use this, you know? Yeah. So, you know, it occurred to me at some point that, you know, all books could be decentralized, like the actual contents of them and be blockchain based. So, you know, a big issue in the book industry, which you'll definitely experience now that you're working on a book is, you know, if you buy an ebook or an audio book from Kindle or Audible or iBooks, you're not really buying the book. You just buy a license to view the content. So, you don't actually own anything, which is why you can't sell it or give it away when you're done reading it. So, making it a book, a blockchain based asset actually changes from a digital licensing to a digital ownership model and that allows you to resell the book. So, you know, when you look at the entire landscape of crypto, there's like, you know, less than a hundred million total wallets, but there's over a billion people that buy digital books every year. So, like by far and away, like digital books are the biggest digital asset that people currently buy on like an a la carte basis since most of music and movies are streaming. So, you know, we have a focus that's very, you know, targeted at true mass adoption and, you know, experiencing the tech benefits. So, really more of a, you know, web two usability, but with a web three functionality. And then even in, you know, inside of that current licensing model, what's really radical, you know, once you buy a book, of course it's stuck on your shelf, but then it also gives the retailer, the author, the publisher, anybody, the right to remove that book from you. It's like literally coming in your house and just like taking a book off your shelf that you bought or changing any of the contents inside of it. So, our mission really became two things. One is to decentralize all of human knowledge and put all books on the blockchain so they can't be changed or taken away. And then second is incentivizing reading. So, really, you know, the core kind of the process of how it works is like we take any media asset could be, you know, a book or a music or video, we break it into a bunch of shards and we encrypt all those and store them in decentralized storage. Then we have a DAP web based reader and we also have mobile apps, mobile reading apps that basically stream those contents in, reassemble and decrypt them and then allow you to read it. So, we sort of, you know, while we use an NFT and decentralized storage and like, you know, smart contracts to program and royalties and all that, we sort of summate all that into an asset that we call a decentralized encrypted asset. So, then you truly own it. You could lend it out. You can give it away. Has huge impact, you know, not just for the end user, but also for the creators, because as you know, you'll experience with your book, you know, once, you know, the traditional model on the payment side is very, is very archaic, you know, like you, if you go the traditional route, you're going to be looking at, you know, you might get some small advance. It's not nearly what the old advances were. And, and then it's going to be probably a year to 18 months before you see anything, you know, from that book. Whereas, you know, when it's blockchain based, it's immediate, it's instant, it's paid out. So yeah, we launched the platform a little over a year ago. We've already sold over 160 ,000 books. And, and we've had some books trade as high as like $10 ,000 for like really unique books. Wow. That's pretty incredible. So, and I want to make sure I emphasize the benefits because I know there's going to be people who are new to blockchain crypto and say, oh, so what I get my book on Amazon, but, um, as the author, uh, there, this feature creates a secondary market, right? For the book is let's say, um, Joe down the street buys my book. He has on a blockchain, he finished reading it. He's like, oh, you know what? I'm going to sell this. Now, if he sells it, he's making a return. And then I, as an author also getting a royalty there. Yeah, absolutely. So that, I mean, that really is the big difference, right? It's like on a traditional print side, you know, I have the freedom when I buy a print book, I can take it to a secondhand, you know, resell bookstore, but I don't even really know what it's worth, you know, and then they're giving me, you know, pennies on the dollar and I'm happy to take it. Cause I have no way to substantiate if that's what that book is worth versus if it's digital, then I can see, you know, multiple global marketplaces and see what the trading, you know, what the actual trading price for that book is right. And then every time it sells and resells and continues, like it's giving you the creator, you know, royalties back, which is really cool from a social side too. Right. So, you know, current kind of, you know, opaque kind of wall with, with an Amazon and iBooks is that, you know, publisher author doesn't have any connection to their audience. So they can't see who owns their books. They can't market to those people. So with this, it's like, it's all on chain, right? Like we couldn't hide it. If we wanted to hide it, they can see who has their book. So then as an author, right. You could go airdrop like, you know, an extra chapter of a book to everybody that has your book, or you could allow them, you know, if they have that book, then in their wallet, they could, they could get a discount on the second book. Like you can begin to merchandise and do things that are just like impossible in the traditional version. Wow. So that's pretty incredible. You said you can airdrop like additional chapters or I don't know, additional information or anything attached to the book. That's, that's pretty incredible. Yeah. It can be a short story or, you know, extra behind the scenes type stuff, like how the book was created. It could be video stuff, author interviews, like all kinds of additional content that you can't get or deliver in a traditional method. Plus, you know, like a social interactivity of, you know, we're building out a structure for, for book clubs as well. Right. So, you know, there's not, there hasn't really been a good solve for like online book clubs. And like, part of the problem is you get so many trolls that come in and you see this on Amazon, like with reviews, right. It's like a book hasn't even come out and all of a sudden it's got, you know, 8 ,000 negative reviews in our system. We can see and verify if you've actually read it. So not only would you have to own a book, but we could, we could put it in place where you have to own it and you would have had to read it in order to get access to a book club and maybe the authors in there participating as well. Right. So it creates a richer, like, you know, environment for discussion. Oh yeah. I was going to bring up the reviews thing and verifying users because that is a game or something that is gained, I should say, with ratings and reviews and it could be manipulated. Now you mentioned that there's a lending feature. So let's say once again, Joe down the street buys my book, he, that person, he or she can lend the book out. And tell us how that, how that works. Yeah. So a lot of times what we say is, you know, everybody's a bookstore, everybody's a library. Right. Because if I, if I have the ability, you know, globally to lend out my book or to sell it, like then you could come and you could rent it for a particular price. Right. And we put that in a smart contract. You could either pay it or it could just be like a free thing. And, you know, one party's covering the transaction costs or, you know, in our method, like we haven't really talked about yet, but we have a token, you know, the person reading it could earn the token that the person that owns it could read the token that somebody else is who's, who's borrowing it is, is reading it. Like there's a ton of different ways to, to construct it, but it really changes the, the idea of, you know, it almost like makes micro libraries of everybody. Right. Then I could borrow from anyone. That's great. Yeah. Because I think about that sometimes I see different books and I'm like, I don't know if I want to buy this or necessarily, and I don't want to have a ton of books in, in, in my home. I do appreciate physical books, but I do have some digital books, but to be able to rent something and then just go see, you know, is this, is this good or whatever, and, you know, I actually want to own this. That makes sense. So tell us about the incentivization of getting folks to read. Is that how the token plays a part in the ecosystem? And if you can tell us about the book token. Yeah, definitely. So it really, it really does like an issue inside of, of the publishing industry, really. And when you start to look at the statistics behind it, it's like, you know, people do buy books and the publishing industry in general is hoping that people read those books, but a lot of times it becomes like just very commoditized. And it's like, they're just trying to sell you the next book and selling the next book. And so when you look at the stats on like how many people per year are reading and like averaging down, and it's like, what we're trying to do is build in an incentive program. So people actually consume this knowledge because very clear data, you know, supports when people read books like society, like definitely progresses, there's less crime, there's more, you know, GDP. So the, you know, that kind of secondary part outside of decentralizing the incentivizing portion of it is we have a read to earn system. So whenever you get a book, you read it, you're earning tokens while you're reading it. And we have kind of a whole distribution schedule and like how the mechanics of all that work. We just released a new white paper that details in kind of great detail, like how all that functions. And then we actually have a initial token offering going on right now as well. We waited a long time to do that. Like we launched the product, we launched all the apps. We started selling books before, you know, and a lot of it was just like from a regulatory reason of wanting to do things exactly the right way. Oh yeah. Yeah, that definitely makes sense. Now there was news that Mark Cuban was collaborating with book .io to release an NFT ebook on the Polygon blockchain. Can you tell us about that and how that partnership came about? Yeah, for sure. So Mark was actually one of our earliest investors and came on board. And at the time we were Cardano based. So we argued back and forth a lot about other chains, which we had always had a very multi -chain strategy, which I'll say real quick too. Like our, you know, we deployed to four different blockchains. We deployed to Ethereum, to Polygon, to Cardano and to Algorand. But yeah, Mark was one of our first investors in. And so we worked through his publisher as well with him, created a bunch of different, the way that our construct kind of works is, we don't limit a book to like a single book cover, like it can have tons of different book covers. So that makes those different covers collectible for different reasons. So with him, I think we did about 400 different covers. Some of those were like rendered pictures of like him fighting sharks and stuff, like all kinds of fun stuff. And he actually thought it was really, really cool. So it just gives you a whole lot more flexibility. And I'll say too, like on the investor side, like Mark's been a great investor, like great advisor, lots of great like networking. I think I was a little hesitant, like just from all that, you know, what you see on Shark Tank, but like his group's fantastic. You know, we really only have two other investors. We have Ingram Content, which is the world's largest book distributor, and they actually distribute and warehouse all the books for Amazon. And then we also have Bertelsmann, which owns Penguin Random House, and they're the largest trade publisher. So we've tried to really be selective about our investors and working within the industry. But yeah, Mark's been great and all the guys at Polygon, the Polygon team has been great to work with as well. That's awesome. Are there other publishers that you're targeting and trying to work with and, you know, what's your strategy? Is it getting them to integrate book .io as another option? Tell us about that. And I don't know how much you can, you know, tell us about your strategy. Yeah. Yeah. So we've I think we, you know, we're somewhere around 20, maybe publishers or so that we've we've had sign up. You know, the publishing industry is very splintered. There's there's basically five main, you know, the big five publishers and they own a bunch of imprints and then there's a bunch of kind of mid tier and smaller ones. And so, like, you know, some total like our last publishing company, like we had close to 200000 different publishers signed with us. You kind of have to go like some of them you get like in big and big batches, right? Some of them are just like one on one. So like a lot of it right now, and especially over the last kind of beginning or last year was just a lot of experimentation, right? So it was going to publishers that we've worked with before in the past and saying, Hey, let's do like a test project together so we can like see what happens and gather some data and make some choices. So like this year's like much more on like the scale up side. We're going to be releasing audio books as well. And delving so into that and like how we do more mass ingestion. But, you know, ultimately, it's like what we're introducing back in is not necessarily say, you know, you know, we think we'll just dominate Amazon and it goes away or anything like that. It's more of a both end, right? Like you could, you know, I see that as like licensing and like streaming almost. And this is like ownership, right? So for the for the audiences and the authors and the people creators that care about ownership, like we provide like that mechanism and all the benefits that go with it. And it reintroduces the, you know, um, just the law of supply and demand, right? When it's digital licensing, there's, there's an infinite supply. It drives down, uh, you know, the price when there's a limited supply, then the price actually makes a difference. So then I can buy a book, you know, for $20, I can read it and maybe it's gone up in value and I can sell it for, you know, 25 or something. Even if I could sell it for half of what I bought it for, I still get more back than, than I do. If I buy that as an, you know, a licensed book. Yeah, no, that's great. And I love the secondary market options that open up with this new world of blockchain and tokenization. So Joshua, you know, you mentioned Amazon, uh, you guys are certainly a disruptive platform. Uh, if I could put it that way, let's say Amazon comes knocking on your door and saying, Hey, we want to acquire you. We want to integrate book .io into our, because we got the biggest marketplace, you know, what would be your thought process? And would you say yes, depending on the number? Yeah. I mean, you know, we get that question sort of semi often, which is kind of funny. Um, you know, I, I think that, uh, if, if this, if the situation was right and an Amazon was, you know, if, if we, if it was functioned in a way that like it kept the core model, right. So like if they didn't, uh, if, if the idea was to integrate and like expand what currently exists into digital ownership, right. Like, I think that makes sense. And some of the stuff they've done with like avalanche and, you know, some of the integration stuff, it's like, I think they, they see that, I think they're a bit more hesitant just from the regulatory perspective to like jump in to that kind of thing. And what we're doing is definitely, you know, quite, quite a bit different, but like, you know, we're, we're doing great. Like the team's grown in a bear market. Like we're adding employees and we're, you know, we're right at profitable. So we don't have any like reason to, to try to rush out and sell. And I think we're going to continue to grow. And I think we're, you know, we have an, you know, community that's, that has materialized behind it that just really agrees with the ethos of, you know, you really should own the things that you buy. So I don't see us, um, selling anytime soon. And even if we did, it would only be to like expand and, um, you know, continue the mission not to, to, uh, to end it or have it just shelved, you know? Oh yeah. I mean, I certainly, I think you and I being in this space, we can certainly agree. This is the future with block tokenization and fractionalization, secondary markets, and much more. It's just the adoption curve. And, uh, just like web one had its adoption curve web two, and now web three has its time. Um, you know, you mentioned Algorand, uh, polygon, Cardano and so forth. Are you planning to expand to other chains as well? Uh, yeah, we probably will. We don't have any plans to expand to any others. Right. Right now, um, we've done some interesting things with, with a few of the chains. Um, we gave a book away at consensus with Algorand to all the attendees. Like we're, we're doing some other expansion stuff or we'll be announcing some, some really cool stuff we're about to do with polygon as well. Um, so just trying to work with, with the chains that we have right now. And, you know, a big issue for publishers is really, uh, you know, I mean, when you get down to it, it's like they chop down trees to make print books. Right. So they, at first were very adverse to, um, to anything blockchain based, right. Especially when it was, you know, like when Ethereum was proof of stake. Um, so they, some of them have had corporate mandates where they would only work with it with a proof of work and they would only work with a proof of stake chain. So, you know, the ones that we've selected, I think, uh, encompass like a, a, a decent size portion of the market, not to say we won't integrate, but like, you know, kind of a thesis on being a multi -chain company is that we really want to be a platform. So creators could deploy to other chains. So we've talked to a couple of others as well. We just haven't put anything official on the roadmap yet. Hmm. Now more of a personal question for me and maybe other authors who are going to watch and listen to this, we'll have this question. So like I'm already in the process. I'm, I'm signed with a publisher. The book is right on tentative date launch next year. Could I go that traditional route, but also integrate with book .io and, you know, have you guys thought about a strategy for authors like myself who, you know, we would want to do both and how would that work? Yeah, for sure. So I think today, like of the hundred something books that we've done, like, um, a little over a third of them have been with, um, with publishers or with, um, with authors. So, you know, basically the way it works is, um, you know, you would just connect this with your publisher and then we work through like exactly what kind of program you would want to do. Right. So, um, we just kind of define those details. Um, we walked through with the publisher, what, you know, exactly how it works most of the time. Like, you know, we're doing limited quantity sort of collectible type stuff right now, but we have the capability to do like a mass, like we actually just, uh, sold a book yesterday that, you know, wasn't necessarily a collectible. It had just a regular singular cover. That's the same cover that's on the print book. Um, and, uh, you know, and it's sold out in like 20 seconds or something. Right. So the publisher's super excited because they've never seen anything like that in publishing. Um, and so it's a great way to drive, like kind of viral traffic and like excitement. So what we found too, is what ends up happening. We've seen this like multiple times in a row is like, we would do something with an author and then it will directly correlate to an increase in print sales because people get that book, they're excited about it. Then they would go and they're like, Hey, actually, you know, I want to own both. And so that's actually one of the things we're working on with our, our, um, uh, partnership with, with Ingram is what we call mint and print so that you could just buy the digital and automatically get the physical, uh, dropshipped to you at the same time. Oh, wow. Yeah. That's really cool. Um, so walk us through the user experience. Um, let's say someone's listening to this and like, you know, I want to go check out book .io. Maybe they have some books that I'll be interested in. Is there, obviously you have a website, is there an app and with purchasing, um, is it crypto and Fiat or both? Yeah. So, uh, so, I mean, we're trying to make it, um, very much, like I said, you know, web to functionality. So it's very easy to sign up. Um, we do take credit cards. So, um, on, uh, you know, you can, you can buy a book with a credit card. It's easy to set up an account. And actually like the, uh, the, the giveaway things that we're doing, the promotional stuff, like you don't even have to have a wallet. Um, we're getting to the point where you won't, you won't even have to have a wallet. You don't have to store seed phrase. You don't have to do any of that. All of it's like self -driven kind of in the background. Um, and so you don't have to buy with crypto. You don't have to know anything about crypto, um, and just making it real easy onboarding process for like, you know, the billion plus people that are honestly just not going to go take the time to learn crypto. Yeah. I've been talking a lot about that recently. With a variety of folks. Um, how do we make it easy for the next billion people? And like you, I've kind of used my mom, my dad as an example. Right. Cause like, they don't know that, like they see the wallet addresses. They're like, what the hell is that? They're scared of it. Right. It's intimidating. I still have to show my mom how to do certain things on her smartphone. So I, you know, but certainly like she's interested in, in crypto and blockchain and, you know, I've invested some of her funds in it, but yeah, to your point. How do we make it easy for the next billion people have the capabilities, but make it make the gooey easy for them. Right. Yeah. One of the funniest comments I got recently, which I won't say who it came from. Um, somebody within my family, um, was like, wait a minute, there's more than one blockchain. Cause like they thought blockchain was like internet, you know, thought it was one big blockchain, you know, which like from the outside, it was like, I never really thought about that, but it's like, if you really didn't know anything about it, you might think like, blockchain is just like internet. And they're like, you know, maybe there's only one and it's like, it's just, it's such a barrier. And so I feel like a lot of times, like in the crypto side, like we're in this bubble where it's like, you know, we're really excited about the technology and stuff, but other people just don't, they don't have the, it's not like, you know, intelligence thing. It's just like, they don't have the time to like onboard and figure all that stuff out. So like, how do we, how do we meet them where they are, bring the solutions and like the benefit of web three and what it actually provides to them, like directly to them. Yeah, yeah, absolutely. And I think more, more companies building in a space need to think about that. Not just for the crypto native folks here, but yeah, like you said, the next billion people who, you know, they've heard about it in passing, they don't, they haven't used any type of crypto or done anything and we got to make it easy for them. So what's on the remainder of your roadmap for 2023? We do have quite a bit of stuff planned. So a lot of it, you know, like I said, you know, we launched like a year ago, so we're really trying to kind of scale up in a lot of different spots. So you know, at the top of that list right now is, is definitely audio books. And then we have a marketplace also that we're launching. And actually on the audio book side, we have one of the larger audio book companies that we just signed with, which is super exciting to have some like celebrity read audio books. And that's like a real growing market segment as well, just in general within publishing, which is very exciting. We have a lot of AI tools and development that are maybe more focused on publisher author, like, you know, helping them out you know, continue updating the reading apps. And then we have some really big author launches coming up that are going to be like, they're pretty massive, like celebrity level authors that are going to be launching some projects with us, which is super exciting. No, that's awesome. Well, I certainly after this conversation, you and I need to chat because of my own book. But yeah, that's exciting, man. And I love the idea of well, you know, you mentioned it's a growing part of the market of celebrity read books. Yeah, I certainly would want to listen to Morgan Freeman read a book.
CoinDesk Podcast Network
A highlight from THE HASH: Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%
"This is the hash podcast. Stay informed with the latest on Bitcoin, ETH, the metaverse, web3, and more. All on the hash for your ears. You're listening to the CoinDesk podcast network. We got some big news today. It's also Taco Tuesday, and since it's going to be our last Taco Tuesday, you better get ready for some actual tacos. That's a major news, but there is also real major news, and I'm starting us off today. Here we go. Let's go over to Grayscale. An appeals court ruled just today that the SEC must review Grayscale's ETF bid after they were previously rejected. It's being seen as a victory in the prospects for getting a spot Bitcoin ETF into the marketplace in the US, and the market is responding enthusiastically. Bitcoin surged on the news, adding quite a bit of value, and now we're seeing some further chatter about what this means for the prospects, again, of the long -awaited Bitcoin spot ETF. This note, Grayscale is a sister company of CoinDesk. They share ownership from Digital Currency Group, but we're going to talk about it. Gloves off, no holds barred anyway. I'm so excited, you guys. This is the absolute best news ever. The fact that we continue to see the SEC take these massive L's is music to my ears. I really, really feel that they have just been so predatory in their actions and wanting to litigate instead of give some sort of guidelines, help these honest entrepreneurs know what they're supposed to be doing and know what they can't do. To me, that's just super problematic behavior. We should want to support entrepreneurs. We should want to guide people in the right direction, and more importantly, we should want to build back the American economy better. I think with all of these massive wins the crypto industry is seeing, things hopefully will get better. All right, Will, you can take it now. This does not mean the ETF is going through now. It just means that the SEC has to go back and review the application again, and they have to give an actual opinion. There's a few lawyers on crypto Twitter talking about this this morning, what does this actually mean? What did the judge actually say? They basically stated that the SEC did not have a good basis for making its past decision, and now they need to go back to the books, relook at the application, and come up with a better decision, whether that means that this is going to be approved or not, we still have to wait. This probably means it's going to be approved because there's a lot of political pressure now on the SEC after a judge took a look at this and said, you know what, guys? You didn't do your homework. You should have let this pass, or you should have put some more thought into why you didn't want this to go through, and you didn't, so we're kicking it back. Go study the books, and maybe we'll get something out of this. Now, of course, what's on the line? A lot of ETFs are out there. A lot of people are lining these things up. I'd say there's about a half dozen plus ETFs that are possible to move forward over the next 180 days or so, and if that opens up, that means a lot of mom and pop retail investors can get into the Bitcoin market for the first time because they probably weren't comfortable touching Bitcoin in other ways. There's lots of different ways to get exposure to Bitcoin. There's lots of different ways of purchasing financial assets, but an ETF itself means that you can put Bitcoin into your 401k, into any sort of trust with a Schwab or Fidelity, something like that. That means that maybe coin go up. Who knows? A little speculation there. It could have some more apathy because the crypto markets right now are not great, but a lot of people in the crypto industry are looking at this and saying like, this could be our salvation from the depths of crypto winter. Jen? So I look at this court ruling in favor of Grayscale and the partial ruling in favor of Ripple, and I think that there's a glimmer of hope, right? I think that these two cases show us that maybe this clarity we're seeking from the SEC, we are not going to get, but some of these decisions are going to be made in the court, and some of them may lead to precedent setting decisions down the line, or they may at least force the SEC's hand so that we can get some more clarity. So good news all around. I want to point to one of the lawyers who have been commenting on this, who has been commenting on this on Twitter this morning, Jake Trevinsky, who's the chief policy officer at the Blockchain Association. He said that it's rare for a federal circuit court to make a decision like this and said that there are two ways that this could possibly go. The SEC could come back and just provide another reason for rejecting it, or they could say their hand was forced by the court, and so they're going to do it, but it's not because they wanted to do it, but they were forced by a judge. And so it will be interesting to see which way they go. I think it's important to note that an ETF has not been approved, but I think it is definitely a step in the right direction. Zach? Yeah, there's a lot of speculation that once one gets approved, several will be approved, right? So we have the BlackRock one, we have a bunch of other ones, I forget all the names, but there's a ton of Bitcoin spot ETF proposals that are sitting for rejection or approval. And I think the ETF watchers out there in the world have said that maybe when one gets over the finish line, others will likely also get over the finish line, such that SEC isn't seen as picking a winner and giving an unfair advantage to one applicant over the others. So I think that's why there is sort of this buoyant sentiment across the space as a whole. This isn't necessarily just a win for Grayscale, it's potentially a win for others such as BlackRock and others in the space who are looking to offer this product to, again, mom and pop investors who want it in their brokerage account and don't want to have to deal with the nonsense of dealing with the crypto itself. So that, I think, is why that sentiment is out there, why the market has reacted pretty positively. Bitcoin's up about 5 % on the news, a nice little surge given that Bitcoin has been pretty flat around 26K for the last little while now. So interesting to see what's going to follow this, but yeah, definitely the SEC may have taken an L on this one while they fight other fights and may rack up dubs on those ones. And I think we'll talk about that in a little bit. Who wants next? Oh, we're talking about that right now, Zach. NFTs. Sure, let's do it. Yeah, they've entered the chat. So the SEC has issued its first enforcement action targeting NFTs. The regulator ordered Impact Theory, an LA -based media company that raked in nearly $30 million from selling tiered NFTs to compensate investors, arguing that the transactions were illegal, unregistered securities, offerings, Impact Theory has agreed to set up a fund to reimburse investors, destroy remaining NFTs, and they will pay a fine of $6 .1 million. Wendy, going to toss this one off to you. What do you make of the SEC's first NFT enforcement action? We all knew that this was coming. The reason why we knew it's coming is when we're talking about NFTs, people like to call them digital assets or digital collectibles, but that's just really skirting around what an NFT actually is. It is a token. It is a little adorable little token that kind of just lives on that blockchain that's just kind of there, just kind of chilling. But it really depends the way that these entities are set up and how they're using the NFTs, because let's face it, when we do talk about collectibles, again, I was an eBay seller, I would go to thrift stores, I would buy used designer vintage goods or things that I saw that were in style that I knew I was going to be able to flip. Because I knew I was going to be able to flip and make money off of them, it kind of makes you think, is this a security? Is this not a security? But in fact, it's just a tangible good. But that's the kind of the way that I view NFTs. I literally view them as collectibles that you can buy and then you hope that they appreciate, but you're not 100 % sure if they're going to appreciate. For this particular lawsuit, I forget exactly how the company went about it. I'm planning on doing a video on my channel about it, YouTube, CryptoIndio, go subscribe. But I do think it's very interesting. I think we're going to see a lot of other NFT projects get hit. And it's very important if you do plan on launching a project, you probably should obtain some sort of legal advice, just so you have some sort of guidance and just have some basic understanding of the law. Because again, you guys were in very, very uncharted territories. Will, what is your thought about these adorable little single tokens that kind of just live on the blockchain? Are they securities? What's going on? What about the tchotchkes, as Zach would say? I like the tchotchkes, depending on if they're penguins or not. No. Okay. So I think this case specifically more refers to how this NFT rollout occurred. I did see some people, including Zach BTC, who's sort of like the on -chain sleuth of the last cycle, talking about how this NFT drop had some dubious parts about it. And that's why they saw this case going forward, right? This is the first one we've seen with an NFT. So there's that. On the other hand, looking at the dissent from Hester Peirce and others at the SEC who were judging on this decision, they thought it was a little odd to come after a single NFT case. Why? For the reasons Wendy just sort of laid out there, right? We have art markets. We have designer bag markets. People sell these things on street corners, so we're not going after them. But the SEC in this case decided to go after it. I think it does fit a longstanding pattern for the SEC that enforcement actions target select groups and select people where they can have easy case wins. And then that sets sort of like a precedent for the rest of the industry, right? They go after the Ripple Labs, they go after this NFT case, they go after a library. They go after the ones where they think they can sort of win. In the case of Ripple Labs, they have a lot of money, so I don't know how it was the best target because that one's been hauled up in court for the better part of three years. The library one was sort of a slam dunk though, right? They like won that and the library didn't have enough money to go back and fight against them. So they've basically been on a social media campaign. And I think with this SEC one here, you know, it's NFT market, they just had to like put up with it. They had to pay disgorgements and let it go. And that's the case. Now for all these NFT creators out there, they have to think about these things a little harder than they were previously. If that's good or bad, I don't know. I don't love the strategy. The SEC has been walking out for the last few years. I think we've all opined on that a lot in this show. But there is something to saying maybe we should have like a little bit more consumer protection with some of these new markets are popping up. Permissionless innovation is great, but that also means that you have permissionless rugging.
On The Rekord
A highlight from Episode 120 - Aug. 20th, 2023 - Selfish People
"All right, then Wow. Oh, oh, what was your phone at? Can you unlock it for me, please? Yeah, so sorry Breaking news fresh and fit loses YouTube partnership Super chats removed and the possible end of fresh and fit they're discussing on a stream right now They're gonna have to stick with rumble who is also taking a beating on the stock market Myron begged the audience to support them on rumble in order for them to continue doing this as a job Of course, they are spinning it by talking about saving men's lives and how they help men improve credit scores on a blob Completely acting that they weren't doing any misogynistic or scumbag ways like racist way in the same thing This is a win for YouTube Fresh and fit and their friends are a play to young men. Well, look at those clowns to the dark web. No more Multi -million view viral clips you two has to be consistent though They would need to wipe a full out of them all of them and all the other eaters such as Fuentes Nico Tate's It's Akira. We move all the clips we taste. I don't you two Some of this summer clips are still there leak on YouTube still. Well, well if he's there, it's usually through other people There's no chance to be banned as well remove all clips videos and mentions take talk as well needs to follow suit as well To the talk people who screen their stuff are out of Tennessee, you know what that means, right? Oh, yeah They'll bend the black stuff for any else. It's very game. I keep telling you guys what when I reposted that's why I don't This is why I don't this is why I don't subscribe to tik -tok because it's ran by races the the content create the content people that go over this stuff are ran by racist people in Tennessee or they probably have people Minor What of color As the content, you know narrators, but their upper management is probably people dude at the end of the day I don't mess with tik -tok because they are not balanced. No, it's a haven for whites dudes this crap I will be on tik -tok. I will literally see an Asian man eating a cat Wild like he killed eat like he Next, you know, the cat was all like You know, and then he started chopping up and cooking it. Are you sure? No, it's it was really one tik -tok He ate it, but I post up a speech about Martin Luther King about him empowering You know people of color the alternative lifestyle that in such and such a study Hey speech, we don't watch your card here I posted a video of a guy driving a car was rolling up weed and crashed his car They consider it as a violent strike. Yes, sir. We don't like this here Listen, I don't like eating cat a lady might be dancing a boost falls out. It stays there NPC ladies over tik -tok Ruined people's lives and that still stays sir. They're like, sir We don't need you encouraging these crabs to get out the barrel, but you don't need them. We don't need none of that I listen educated you better you better stop putting the light on the press. You better stop it fresh and fit Did Viacom Dios to yourself my boys where I see me no little man's there is even a world there being a bunch of Well, I can't holes. Yeah, plain simple. Listen, especially when you had that damn academics on the show nozzle and he would I never see a guy fight so much chicks in my Can I curse please no, go ahead. We're trying to be the opposite of these guys guy Oh That is the biggest life Biggest he only has one for women with nervous before a guy. He is a Not gonna use some push back. He does have smoke for dudes when I never seen it before easy. He's come at me No, for sure For sure, I'm for sure one guy Well, this is what that one guy how many women I'm sure the others too. I'm sure the others too I just I just know meek meek be one of the more he hates He bought a freaking brand -new G wagon for that video. What's the man? So you're gonna find someone's gonna run the bag a little bit so you can be a little With the car Gold diggers, it seems time possibly for a gold digger. Let's make that make sense Maybe at the time, you know, she didn't have the shovel behind me, you know, I'm just saying What do you say get out like what do you saw a little caught up man go get out Parties go You to certain parties. You see you see you see women that you know, because your tax bracket is changed You see now you have access to certain amount of women and stuff like that They know who you are and you know, you know, he knows how this is gonna go. So hey, you know, so That's what makes this this last can do so great He has the great declines that the girls are gonna sing great, you know But that's okay, you know, this isn't about no Drake. This is about fresh and fit, you know, I did to themselves Okay, you're out there causing ruckus all of us online and people called you in it. Goodbye. Bon voyage him sneaker they Still out here still outside Doing that thing and stuff like that. Listen, this only reinforces like It's only reinforces what with what we're doing with the pod like, you know What's we think once we cross over city you two and stuff like that and if zero start coming in I'd be like, okay You know, they're a whole Infrastructure is based on what they do and that right there is an issue because they have people that work for them Okay, and and these are the things you gotta be mindful of especially when you do it on that kind of level Man, I'm allowed to I don't sneak. Oh, I'd like to sneak over the beginning. I didn't like watching videos who's sneaking again That's do you mention sneaker? He's uh, he's very like he's very uh, he's very and you take influenced Okay, and fresh and fit. Yeah I did watch him. He would actually like all right pretty true, dude But now here like the one that recalls my line or hit my buttons when he started a whole rant against his special youtuber slash twitch streamer alcohol penguin He's like fucks on him talking about guns. My man. Hold on like a fake gun on him and charged our beef with oh, yes Our live econo put you all you know I remember that pum pum everything and everything else and then you know Whole homeboy penguin whooped out a whole one. So this is not clip. I got a clip for you He then it's not called clip called magazine whooped out. I think a whole 16 Penguin penguin yet. Hold you see video. He had a whole bunch of guns. I'm like, wow There's not a gun. This is a gun get to I don't know. He said I brought him back cover Don't worry. I hold it out. You made a total that yeah at it. I'm like, wow, cuz he started to be with him I'm like, come on. Why you might do that Sarah point. What's going on here? All that gun tuck is cute to some cause your bluff pretty much No, basically, he's like, you know, it was a while. Can we see I'll tell you man had an f -16 I saw rifle shot. You know, I really you how you have all this. I don't do it I was right if I don't what I don't we live at that yet have all this I gotta respect for the special number two second. Like damn. Yeah sneaky. Not with this battle. Listen, hold on a second I'm sure the bully got bullied basically basically, okay It's stuff like that Yeah It'd be worth considering to have some of that stuff to be a shout out to money man cuz my man cash this thing everywhere I Don't even know place. Listen, I have my rights and I have my firearms. Don't test me. Who else Tyson Bedford another one Yeah, I do really about that actually It's a visit within your right and you follow the guidelines you can do it. No, that's true. That's true. Right? All right, man said he said man. Give me your stir my boy. Oh You just said first and I'm gonna give you the good later So fortunately I gotta get with a sad and it starts in California. Oh, they go right now Yeah, it's bad up there going through right now But this story had an earthquake recently happened to along with Hurricane Hillary's I cannot did you see Dodger Stadium? Yes Yeah, it was like a lake. Yeah, but it looks like a lake right now in Dodge I prefer to live in Cali with Florida for second now But but seek the problem with Cali Cali doesn't really get hurricanes like that, you know, they're built for it Cuz if the aqueducts is yeah, he's right Yeah, that was that yeah, I know that is weird the earthquake thing is normal Yes, but but the hurricane thing you'd add that threw me off because he's being the Pacific is usually cold Yeah year -round but because of global warming that's starting to change and guess what happened. They ain't real boy Yeah, you talk to British Columbia when they have that big -ass fire right now Hit us soon, we don't know about it still coming around Hey real boy, you know focus the orange sky that happened a few months back was nothing. All right, that's coincidence, right? Just a photo fight See this way and say get your hands out Here Obama Barack Hussein Obama being praised in trying to give me health care Phone more you Let's go Brandon no history, but got a mag cap on standby, of course, it's still out Oh Oh If I'm get indicted or incarcerated I can't vote if I could be president yeah president yeah That's that's that's a hell of a But right now unfortunately a bad thing happened occurred a few days ago in California that it's only in America Will this happen? Not the cash retail value that spoke about no the California store owner who she was shot dead Who who the California store owner was shot dead? Oh, and I see you over just playing a pride flag.
The Dan Bongino Show
Rep. Jerry Nadler: Parents Should Have Masked Two Year Olds From COVID
"Like the penguin on stage it's pretty gross but that's for today here's Jerry Nadler on the up on the floor up on the hill making a heen argument that we should mask two -year -olds because it somehow prevents over me despite hitting a mass thing is you know it drives me crazy and it takes over the whole show and if nobody likes it me but and tries everyone else let's just leave it at this we know masks don't stop the prevent that the spread of COVID everybody don't need to go in there but the mask two -year -olds now you're talking about this still now this is what's coming back this stuff here take a listen it protects transmission of the disease to the next person and the healthcare worker certainly ought to be to be vaccinated and when we have a pandemic like COVID -19 pandemic that we had two -year -olds should have been required to wear masks will be child abuse for parents not to do that
Mark Levin
Sonia Sotomayor Took $3M From Book Publisher While Ruling on Case
"Well they're going to have to call another hearing because it's been revealed that Sotomayor took in 3.6 million As reported by the daily wiring and excellent story 3.6 million From a book company that did have business before the Supreme Court at the time Greg price points out on his Twitter Sonia Sotomayor received over 3,000,003.6 for her books from penguin Random House publishing and then didn't recuse her stuff from the case In which they were involved before the Supreme Court where the company stood to lose money What did clarence Thomas do again In 2010 she got a $1.2 million book advance from doubles day group a part of the conglomerate 2012 she reported receiving two advanced payments from the publisher totaling 1.9 million That's a lot of money For advances on books and I guarantee she hadn't sold anything close to what I've sold Now that sound you hear is every Democrat who demanded Thomas and Gorsuch resign suddenly running away from any discussion of Supreme Court ethics While the accusations against the conservative justices were salient shallow there's actual meat on the bone regarding what Sotomayor did The publishing company in question actually stood to lose money depending on how the court ruled Yet she took millions of dollars from it anyway and then did not recuse herself from the case
AP News Radio
NBA Play-in, Mavs fined, Avalanche Again
"AP sports on Mike Reeves, the playoff field is set in the NBA in the Eastern Conference, Miami defeated Chicago to claim the 8 seed in a matchup against Milwaukee in the opening round in the west, the Timberwolves beat the thunder to secure the 8th seed at a meeting with Denver in the first round, saying in the NBA, the league find the Dallas Mavericks $750,000 Friday saying the team engaged in conduct detrimental to the league by sitting out most of its key players against the bulls on April 7th despite still having a chance to reach the postseason. The nuggets Nikola Jokić, 76ers Joel embiid and bucks Yanis Alta taco were named finalists for the league's MVP award. In the NHL, Colorado secured the central division title and the Pittsburgh penguins fired GM Ron hextall, director of hockey operations Brian Burke at assistant GM Chris prior after the club failed to reach the playoffs for the first time in 17 seasons, Major League Baseball, the raised 13 game season opening winning streak ended with a 6 three loss at Toronto. I'm Mike Reeves AP sports.
AP News Radio
NBA Play-ins, Avalanche Advance
"AP's sports and Mike Reeves, the NBA play in tournament concluded with a pair of games on Friday in the Eastern Conference the heat defeated the bulls one O two 91 to secure the 8 seed in a first round matchup against the bucks, Miami sitter, bam adebayo. This is the moment, you know, a lot of guys dream of a lot of guys. You know, I want to be in the playoffs who don't get that luxury. You know, that's earned. You know, you don't take that for granted. In the west, the Timberwolves roll past the thunder one 20 to 95 to qualify as the 8 seed and set up an opening round series against the nuggets, Minnesota head coach Chris Finch. We did a good job of just kind of like never letting them really get into a rhythm other than in that third. And then I thought offensively, we also did a good job, played pretty intelligent offense. There was also news off the court. Here's our correspondent, getting cool ball. The NBA find the Dallas Mavericks $750,000 Friday, saying the team engaged in quote conduct detrimental to the league and quote by sitting out most of its key players against the Chicago Bulls on April 7th despite still having a chance to reach the postseason. The league's investigation said Dallas violated the league's policy on resting players and had a desire to lose the game to the bulls quote in order to improve the chances of keeping its first round pick in the 2023 NBA draft. On the ice, Colorado's win puts the final pieces of the NHL playoff puzzle together, Bruce Morton has more. For the third straight season the avalanche central division champs, Nathan McKinnon delivered a hat trick a night that included the go ahead goal as Colorado won at Nashville four three, with the victory, the abs meet Seattle in the opening round, the initial postseason appearance for the kraken franchise. The Pittsburgh penguins fired GM Ron hextall, director of hockey operations Brian Burke Ed assistant GM Chris Pryor after the club failed to make the playoffs for the first time in 17 seasons. Major League Baseball, the raised 13 game season opening winning streak ended with a 6 three loss at Toronto. I'm Mike Reeves AP sports.
AP News Radio
Penguins fire GM Hextall, exec Burke after missing playoffs
"The Pittsburgh penguins are cleaning house after failing to reach the playoffs for the first time in 17 years. The penguins fired general manager Ron hextall, director of hockey operations Brian Burke, and assistant GM Chris prior on Friday. Pittsburgh posted a 40, 31 and 11 record and finished one point behind the Florida Panthers for the final Eastern Conference wild card spot. Hextall is a former vesna trophy winning goaltender who spent 11 of his 13 NHL seasons playing for the rival Philadelphia flyers. I'm geffen coolbaugh.
AP News Radio
Pens' playoff streak in jeopardy after 5-2 loss to Chicago
"The penguins bid for a 17th consecutive playoff birth as in serious jeopardy following their 5 two loss to the Blackhawks. That means the islanders can make the postseason with a win or an overtime loss to the Canadians on Wednesday. Buddy Robinson and Andre's aphrodisiacs scored 26 seconds apart in the third period to give the hawks a three one lead. Connor Murphy Tyler Johnson and Mackenzie and whistle also tallied for Chicago, which won for just the second time in 13 games. Evgeny malkin tied the game one one early in the third period. I'm Dave ferry.
The Hugh Hewitt Show: Highly Concentrated
Why Tolerance Is Needed in Sports Today
"Selena, I tried to teach last week the masterpiece cake shop case to my con law students and a few of them were very upset that Jack Phillips didn't bake the cake. And I tried to explain to them why we don't make anyone bend the knee to anyone in the United States coercing them with government authority. Now, the penguins and the flyers are not the government. And the NHL is not the government. So it's not a First Amendment case, but boy oh boy, there used to be a tradition of tolerance when when you and I were young, which was the afterglow of decades of religious discrimination that was evil and vile, and it's behind us now, but it apparently is returning. Well, here's the problem you. People, this young people that your teaching, they don't know about the importance of faith in life because faith is an important in your life. Other things have replaced faith in their life. I often point to climate change in the server around climate change. That's how you people use your response to defending their faith. Now they do is to respond to secular ideals because faith isn't as important in young people's lives because their parents are faithful.
The Hockey PDOcast
"penguins" Discussed on The Hockey PDOcast
"Maybe he's going to be using that role. And so it's honestly all really tough for me to wrap my head around kind of the logic, because usually even if you disagree right, you're going to be disagree with a move. There's at least like, all right, well, if you look at it through this lens, you can kind of talk yourself into it. You might not agree with it, but at least you can sort of see the logic used to kind of come to this conclusion. And instead, it really feels like this is a matter of penguins fans for weeks and maybe even months where incessantly just begging and pleading like please throw this floundering group, a life raft, like do something the top 6 is carrying so much of the weight, help them out. And then they looked at that and they're like, oh, you want something, all right? Be careful what you wish for, bud, and then they just went and did this instead. That's what I keep going back to because I can't imagine what the actual player evaluation was here that led them to this decision. And the thing that I'm, there's just so many layers to this that are baffling to me. And if you go back just like two or three days, Nashville traded another one of their guys, Nino nita rider, who has less term, cheaper cap hit, is a better player by pretty much every objective major. He also went for a second run pick. 'cause it's in 2024. Yeah, so if you're gonna, if their plan here is to play a grandland on the wing and put them on the second line with malkin or even on the third line of the Carter, if you're gonna get a winger, why not get the better wager for a cheaper price that it's just, there's so many layers that don't make sense to it. And that's the thing that is just that stands out so much about hextall is he just does not seem to have a coherent plan. And you mentioned the cabin in mcginn. Carter line and how ineffective it's been, those three guys were taken up around 10 million in cap space this season. And those were all guys that Ron hextall signed over the past year to those contracts. And when you look at the fact they have Sydney Crosby, evgeny Balkan, crystal tank, Jake gensel, those four guys, they're combined cap hits this season or like $27 million. And they're all still playing it pretty close to all star levels. I mean, dental hasn't had a great season, but he's still really good. Crosby and malkin are playing outstanding hockey and you have those guys for such a below market rate. That should be a huge advantage in building a team around them.
The Hockey PDOcast
"penguins" Discussed on The Hockey PDOcast
"Forwards this season we've played 305 one 5 minutes. He's 286 and points per 60 and for pens fans. The guys around him directly above him as Derek Broussard, former Penn's legend, and directly behind them our Oscars on quiz and Sam lafferty, two other penguins legends. I think there's a path for success or kind of revitalization for grantland here because he is still only technically 31 years old. I think if you watch him, you know, he's still got those playmaking chops in terms of passing ability. He can set the puck up on a platter for shooters and it's not like an entirely useless skill by any means. I just think that for this penguin's team in particular, with what they already have in place for him to reach that sort of success, they're almost certainly going to have to play them on the second line with malkin and Zucker, right? And that seems to be kind of totally besides the point of what they need, which is someone who can sort of create for others to drive play, especially on a third line, but just generally in the bottom 6. And so to be paying a premium to add to something that you don't necessarily even need more of is kind of the thing I keep coming back to of trying to find the logic in this particular edition. Well, the thing that I keep going back to is all year we've been hearing about how bad the penguin salary cap situation is and how they don't have the flexibility to really make a move. And over the past week, through a stroke of good luck in St. Louis taking kapanen's deal through the waiver moves through trading teddy bluder, they actually gave themselves enough salary cap space where they could have made a really significant addition, like somebody they could or even two editions that could have really addressed some of their needs. And I can't remember the last time I saw a trade that was so universally hated by everybody. Whether you're a stats person, whether you're an eye test person, nobody understands this. And if you look at what the penguins big as needs are, their bottom 6 has been just a black hole in terms of offense this year where they're not getting anything from those guys. They don't defend particularly well, whether it be from their forwards on the bottom 6 or the defense as a whole. And they brought in a guy that doesn't score a lot of his offense in Nashville was the result of some of the guys that he was playing with on his line where in a few plays in the third line in Pittsburgh. He's going to be playing with Jeff Carter and people that just were not the answer. And if you put him in the top 6, you run the risk of disrupting the two lines that have actually carried them to where they are this year. And he's not a particularly good defensive player. He's not good on the fort check. He doesn't skate as well as it used to be. He just, if you were to create a checklist of all the things the penguins don't need, keep checks all of those boxes and checks almost none of the boxes of what they do need.
The Hockey PDOcast
"penguins" Discussed on The Hockey PDOcast
"Mostly seeming to be coming out of Vancouver that they're talking to the Canucks, either JT Miller or Brock besser, they're going to take one of them off their hands. That seems like the approach that's why they're clearing all this money and it feels like from penguins fans. They're just kind of collective gasp or sort of preparation for this sort of worst case scenario where they're like, oh my God, this is going to be a disaster no matter what we do. And then instead, last night, on Wednesday evening, instead of that, somehow, in my opinion, the region even worse alternative in taking Michael grandland and the 5 million he's owed over the next two seasons. Or a second rounder to the national predators. And so does that sum up about kind of the sequence of events over the past week or so in terms of all the financials and all the personal moves they made? Yeah, and there's an added layer into that. We're a long with the Vancouver rumors. There was also a lot of talk in Pittsburgh that they were potentially on Jacob Chitra from Arizona and the talk was that Mike Sullivan really wanted him in Ron hextall was kind of hesitant to pay the price that Arizona was asking for. There was some talk and it was like two second round picks, a bunch of stuff. And then he ends up hours before the grandland trade. He ends up going to Ottawa for one first round pick and two second round picks and it's just like, what's going on? And then I almost think they would have been better off doing one of the Vancouver trades because as bad as those contracts are, at least like you can make an argument that Miller better might actually solve some of their problems. The gremlins trade is so impressively bad because he solves none of their problems. It's just an unbelievable sequence of events. It is. I mean, I also forgot to mention there that at some point in that sequence, they did have the legally had to get rid of money to make space for activating Jan rudha off injured reserve who has been their 5th or 6th most frequently used defenseman this season and they gave him a three year 2.75 million average annual salary contract this past summer as well. So there's also that added wrinkle to this. The gremlin thing is so it's honestly baffling to me because I'd be hard pressed I think Adam to come up with a player that sort of embodies what the penguins need less than him. You know what I mean? Yeah, he's 31. He's in the first percentile of defensive impact that even strength. He's got absolutely zero shot making ability and at this point of his career, quite frankly, has like no willingness or appetite to even try shooting.
Lets Be Frank Podcast - Men's Mental Health
"penguins" Discussed on Lets Be Frank Podcast - Men's Mental Health
"Maybe that's how orego is where should we start a new podcast on the Spencer Rodrigo? Oh you know maybe if we had the conversation with David Attenborough this is what me and this is where he could take us you don't know where it could lead and we could name a penguin or maybe there's like a zoo that's listening and they're like, Joe, I like these guys. The next penguins we're going to get. We're going to call them Rodrigo and Spencer. Awesome, let's be Frank. How good would I think? But what would you do if you saw a penguin on your freezer? How much did that drink last night? Do I dare turn on the news? London zoo. It's been broken on the news. I would even know where to start. Which is a feed it north or South Park. I don't want to, I don't want to say because I feel like I'm going to get it wrong. I'm sure the penguins are North Pole and I'm sure the polar bears are south pole. Polar bears are often short outside North Pole. North Pole. So this woman who has a conversation with sir David Attenborough with actually glue us up a little bit. And what it is. No. Penguins don't live in the South Pole. More Poland. Yeah. So yeah, they're not penguins are not from the South Pole. Right, so penguins are northerners. If I found them penguin in my house, wrong side of the Watford cup. Yeah, basically. So yeah, I don't know what you would I don't know what you're doing in that situation. I don't even know how to answer that question. It's a great question to finish on. Well done. And, you know, I will die in the gentleman that sent in, Dave, thank you. We have really enjoyed your email and it has been an episode that we will not forget, definitely. And I don't even know how to answer that question. Realistically, I don't even matter to end on that question. So we've named them. Ryan, with all we've got from would have named him, Rodrigo, and Spencer. Would it be? Animal cruelty. If I got it, a colorant took it for a walk. Because I could do it from a dog. What I couldn't do with the penguin.
Lets Be Frank Podcast - Men's Mental Health
"penguins" Discussed on Lets Be Frank Podcast - Men's Mental Health
"Do you know what? That is a hard question because there are so many different aspects of individuals and other people that I've met throughout my life that have been an inspiration. That I don't think I could pinpoint it like who was a person that is from us, it's a big question that is a big question that I know you get asked at school with all the time that you do your essays it's all about who is your inspiration and you come up with these crazy names and you come up with family members. Yeah Joe what? I feel like I'm in an inspiration to myself and I don't want that to come across cheesy. I don't want to come across as like self arrogance or anything like that. From where I was to where I am, that's a big inspiration. So for this question, I'm going to use that as my inspiration. Absolutely. Knowing your story and where you've come from, I pretty much feel the same way about I think you should be able to say. You inspire yourself. A 100%. So and you need to, you need to have that moment in life where you can, where you can, so I'm around it, but I just know what I'm proud of what I've done. I've not got any kind of regrets in that aspect and I've inspired myself to kind of hit that next chapter and no matter who you are or what you're going through in life, you should have them, you should have the moments. I actually think that leads into a really good second question then, which is on the list. What should biggest regret? My biggest regret. I feel like my biggest regret. I've got a regret. But it's also not a regret. It's joining the army for me. Now, the
Lets Be Frank Podcast - Men's Mental Health
"penguins" Discussed on Lets Be Frank Podcast - Men's Mental Health
"So I'm going to say, oh, I don't know. Mark Stipe. REM, the band REM, Mark stark leading, very intelligent bloke, and I think I think it have good conversation. Let me think. Van Gogh, because a lot of his pictures his paintings and no artists that don't get art, but I just think I just think it would be a good subject. Can I say Doctor Who? Which one? No, no, no. I can't have fucking kind of all of them. But we could do because what they could do, right? I'm just popping to the toilet and then one of the other jumps in raw. All right, I'll tell you what, I will let you I'll let you have that, but there'll be a dalek halfway through, so you're all fine. No, because I have one of the this is coming in to save me. So exactly. And if you choke on some and if you choke on a broad but you know what, they just did you ever watch that? Have you ever watched Oxford? I used to. I used to. I watched a few when David Tennant was in it. And then I watched a lot when it took home Smith. Matt Smith, there was a really good episode and it's probably one of the only ever dots rear episodes. I used a lot of dots, but it's probably one of the only episodes of Billy piper RPGs. No, we won't go down that way. We won't go down that one. Not on this one, no. But what was that? What was that series Billy done? A pretty pipeline, a series about that process. That's still what we'll leave. All the guys listening to this will be like, see what diaries are a cool girl. But yeah, I was a Doctor Who, right? There was a really good one where Matt Smith did it. And I forget his name, but there was a bloke in it that was a ultimate force. Remember Ross Kim's ultimate force. There was a bloke in the Ginger one from the I think he was like the first and second series. It was his best mate that had a problem with PTSD and whatnot and he got caught angry and things like that. He was in this dot rear episode.
Lets Be Frank Podcast - Men's Mental Health
"penguins" Discussed on Lets Be Frank Podcast - Men's Mental Health
"As bad as it is, like a leg is fucked, and it is bad but at the time when she told me, I was pissing myself. I wish I was invisible watching that. Do you know what that actually reminds me of a story when I was a kid? And I had a cone of chips. And when as a kid, Kona chips, I used a lot of vinegar on my chip. I still like really good a lot of vinegar chips covered in ketchup. And I've got this go to chips and Morgan loving. Like this. A trip over it that was a bad old cover sticking up. Everything to the chips, man. What happened to the chair we squashed together? Everywhere. What an absolute waste of chips. What a waste of chips. How's my mind? Why do we only work as we accept it? Why have we accepted this challenge? So the reason that the manual covers a square and not round I don't know. But we've got two good stories out of it. We've got brilliant stories out of it. Right, what irritates you, Jack. Standard. Sorry, mate. I was talking internally. Irritates me. This is a conversation now. And this is a serious note. What irritates me most. I'll go into liddle. I know exactly what I want, where I'm going. And there's a couple of things that irritate me. And it's like going into Costco. You know exactly what you want and where it was yesterday. Tomorrow they'll move it. So you've got to walk around with a store. So that's Costco. That irritates me there, right? But general die any kind of movement, any kind of movement irritates you. You want to walk through walls, right? You don't put a door through a wall. But the one that irritates me and I make no apologies for this is old people in supermarkets.
Bloomberg Radio New York
"penguins" Discussed on Bloomberg Radio New York
"Proof of a negative result from two verified tests the Academy Awards take place Sunday in Los Angeles and it turns out coffee could actually be beneficial to heart health The senior author of the study says research showed that having a cup of Joe had either a neutral effect or was associated with heart health benefits I'm Jim Forbes Now this Bloomberg sports update the 15th seemed at Saint Peter's peacocks continue their Cinderella run in the NCAA basketball tournament by stunning the third seated Purdue Boyer maker 67 64 in Philadelphia the peacocks become the first ever 15 seat to advance to the elite 8 Darryl banks led the way for St. Peters with 14 points in the historic victory Saint Peter's now will take on North Carolina on Sunday in the east final the tar heel Scott passed UCLA 73 66 In the Midwest the lone top seed still left standing in the tournament Kansas defeated Providence 66 61 while Miami defeated Iowa state 70 to 56 In the NHL the rangers scored three early first period adults and defeated the Pittsburgh penguins 5 to one at the garden Chris kreider scored twice Micah Savannah had had three assistant Igor sterkin May 20 saves o'rangers now with an appointment of the penguins in the standings They've now won four of their last 6 The next come from behind and stunned the Miami Heat closing the game on a 38 to 13 run in defeating the heat one 11 to one O three the next of one 7 of their last 11 while the top seated heat had been slumping losing four of their last 6 Pre season baseball the Yankees lose to Philadelphia's 6 to 5 a poor start for Luis severino allowing three runs on four hits with four walks in just one and two thirds innings But Metz lose to Houston two to one and drop to three and three in the grapefruit league Tyler we're going to allow two runs on three hits in three and two thirds innings and struck out four The momentum is there for a change to overtime rules in the NFL but the path ahead remains uncertain That's according to the chairman of the competition committee rich McKay noted getting the votes of 24 owners for a rule change is difficult the Indianapolis Colts and Philadelphia Eagles are put forward a rule change that allows each team to get the ball in overtime before a sudden death situation isn't posed With a Bloomberg sports update I'm Tom Rogers.
"Am I Old Yet?" A light comedy about ageing with dignity and joy.
"penguins" Discussed on "Am I Old Yet?" A light comedy about ageing with dignity and joy.
"Colts years ago. I leave you to it first. Dog on the what. Very fine. Stralia on the walk. The award. several times works for the gardy. Come on. I'll show you. That was green penguins episode two of season. Two of 'em i owed. By floyd kennedy the roles of suzy hellman janey were played by me floyd candy and introducing bread heath in the role of jonathan. The.
"Am I Old Yet?" A light comedy about ageing with dignity and joy.
"penguins" Discussed on "Am I Old Yet?" A light comedy about ageing with dignity and joy.
"How lovely to hear your voice. What are you doing answering. johnny's phone. what did i call your number. All that would be just the thing. I'm as johnny's she's out in the garden waiting a watering room finding another show. Can you wait. we'll back. just give her a message with you. Susie is on her way over. She's just left nine. She was here for lunch. Okay i'll tell you by the way on k- same as last time we spoke. I reckon no change. What's good thing which we've been hollowed. That i was probably whingeing on about my arthritis. That's just how it is. How are you. are you still working from home. Mostly is easier and sisa. You don't get in each other's way. I know it's a big house. Mobsters began our arrangements. Which is i work. Suspended room. Jenny whips sitting room. We make in the kitchen and the dining room go definitely. Sounds like a plan darting. How would you like to come out of the three male. Sometimes you can say the not lot. Oh gosh that's a lovely idea. Are you sure janney would be okay with my boss is on his own and we wanted to head him from meal and jenny thought denies. If you came to really. You'll boss john. You're not trying to set me up by you is family with the pandemics time. Get back. I think but it's definitely not a set us k. So it's an actor friendship. I like that way from nigeria. But he's the tv's nice you've being there haven't you. yes yes. Two years ago he sent me onto stuff abroad. It's an interesting is enough haganah. Have away from on the phone. Sorry didn't realize your bubble my novela. Does she want to speak to me though she was big me. Of course she does city me. You'll have favorite son and oh susanna away. She can help me shift this. What on earth is she doing. That needs shifting. What are you doing. The bit shifting. Your mother wants to maureen waste. I need to get it into the bins before those place. All right sorry known. I better get right. Hand sounds like a main job. You're joking jonathan. Chase aims to manage the far on her own. The kid muscle. She needs me sometimes. Somethings to become terribly so sufficient lately. I blend an adult. That's susie us not me and you know rot your finally rubbing her give you the phone did you. Helen take him. We'll do thanks. John you too mom about what you rubbing off on me. She still within ishak. No he's gone to fill the greenway spins. Is it a secret now. I just have an old fashioned reluctance to discuss women's business in front of a man women's business. Oh you mean my changing hormonal status. Otherwise known as menopause. Exactly john mom wants to talk to me about women's business. You rush go broad here day. You go cheeky thing. What does that got to do with anything. What we're talking about. John said you were more self sufficient now than you used to be. He obviously hasn't realized that this is what happens to women as they go through the menopause. They realized that power and tama realizing my power. I think so. It's not that she didn't have it before you just didn't realize how much you had and all this because i'm rising book and all this because you want to write a book and you're doing it because you want to not because you should know because you have to or because somebody else wants you to do it for them through for you. I am rising just for me for yourself on thought it was to make me prowl plant. You always proud. You know it. Norman logs that traced out while others l. Darling would you last now. That would make me so proud of you. Auditees a treasure. That doesn't he know. And so do you get it. Thank you my love. That'll be suzy greeley already. Maybe not she's only just left here she doing. The ronson is she gifts so often on the breakfast bar. How exciting apostle for be you can happen is if you want to raise the women's business. Give pick wolf's cheney mom hello oh you are you talk to her. I'm going to open my postle. yes john have. You actually met jack yet has now only on the phone so far wise wondering what is it. Sounds dangerous journey stuffed toy failure shaved. Oh oh i think is meant to be a penguin penguin you show black. Why should a very strange shape with a yellow v sink. Oh this tag. It's cold brinda sanguine such where it says. How did you know that did you. Did you send it mom. Nope dot guilty card. Look they voted. Oh oh yes thank you. Oh it's from susie is she sent him his stuff toes. No one stuff toys we. What's the concert. It says darling mom you mentioned that you're writing stories about some very not animals who are trying to save the world so i thought brenda would keep you. Company love suzy. Your civilly dish should be you. That's great well dumb that go. Who is this brenda penguin whom bathe it. Who's i did it. Do you want to expand into a helen. Kill you go right ahead. I'm quite shocked. Janey doesn't already know about the dog on the moon. It's the.
The Ray & Dregs Hockey Podcast
"penguins" Discussed on The Ray & Dregs Hockey Podcast
"Okay well conrad one hundred fifty three games. It's a fifty six game season. Imagine what he might do. Healthy eighty two season campaign. I mean is that sort of dialogue. That sort of action already point not yet. But i guarantee you Training camp in the fall. That's going to be a bet that everybody can make one day going to be able to do. What's the dry said. I'm going to be able to do next year. And i think the numbers are going to be quite inflated and i think you make a really important point there is penny. Stay healthy the attention that gets paid to. The non calls me seattle every night. Unfortunately it's probably only a matter of time before one of those turns into a incredible injury Which might get in the way of some props. But that's the first thing. I always looked at Doing season-long promises guys history. Now he's had them. He managed to stay healthy all this season and we saw what he could do. Imagine what he was doing that with like the normal rest that these guys get so. I mean it's just phenomenal I look forward to why he's able to come playoff time and yeah he's just such a special talent man. I'd like to see the oilers. Make a bit of a run. I gotta say this christine or like you. You've always got an upbeat personality. You know you're always pumped about sports. I don't think i've seen you with a bigger smile than that picture. You posted yet big mug of beer. You're sitting in a off. Did that look fabulous. You were excited man. Thirty hours driving eight hours on a ferry two weeks of quarantine i went home. I kissed my mother. I said hi to my father. I met my buddies at the bar at had a real good time that he rolled that into mother's day yesterday so how was the. How was that. I step. I couldn't tell you didn't taste. It is as the tweet something along the lines of the most envied man in in canada. Something along the sides. Oh the happiest man in north america and that was like third picture. I took because the first two. I looked a happy. Like people are gonna think. I'm insane But i still had a pretty big brand. I tell you it's a bar. I'll give him a little plug. It stop the bigs in saint. John's newfoundland done a great job. It's converted all don cherry sports bar and a great job there..
The Ray & Dregs Hockey Podcast
"penguins" Discussed on The Ray & Dregs Hockey Podcast
"Entertain the idea of trade. of course. that's my job is to make the buffalo sabres More well rounded and better for the future. I'll consider anything. But i don't get what i need. You're not getting traded. It's that simple so you should be planning on getting healthy getting stronger and coming back to the buffalo sabres and then you have to deal with miserable prior who is gonna make who has the potential. I'm not gonna say he's going to. I don't know what he would do has the potential to make everything uncomfortable. His presence makes things uncomfortable unless he comes on says. Hey i'm thrilled to be in buffalo. I i like the coach. I like the editions. We've made mike unless he's going to say that this thing is gonna hang over them till the moment that sat on over in coaching Rick docket and john travolta rela not return near zona and columba's neither is surprised there. I guess what was unique The approach from both clubs was that they both publicly acknowledged that they've mutually agreed to go their separate ways which to me is code for all right. Well don't worry about your contract expiring on july. First if if there's interest Have out and get that ball rolling even a little bit surprised with either guy deciding to To see what's out there. More talk. And i suppose then towards it just felt like towards was done in columbus. Yeah no i'm not surprised. I mean there've been enough talk about both of them and you know the last time. John left the jaw a was in new york when he left the job with the rangers he immediately signed in vancouver and it was a mess. It was faster. Torch is such an intense person. I think he needs time to unwind. Unroll the coaching tenseness and then if he wants to get back get back in. I don't expect him to be coaching next year. Maybe you'll never coach again. Maybe he doesn't want to. Who knows.
KNST AM 790
"penguins" Discussed on KNST AM 790
"Through the busiest week for earnings report to support of the S and P 500, up just three points despite 82% of companies reporting earnings above expectations. But today the market did move higher the open after the New York mayor said the city will be 100% open by July. 1st the now Open up 150, about an hour in the Dow's up 40 S and P 500 up 17 NASDAQ's up 20. Oil 90 cents higher at 64 80 gold down 12 bucks to 17 61 in corporate news to tech giants have an argument with each other both reported better than expected revenue and earnings. Sending both Apple and Facebook nicely higher at the open. Chipmaker. Qualcomm joined the party after they, too, reported Q one results better than expected, but eBay wash. Grounded he opened after reporting to solid quarter of making cautionary comments about the current quarter. Reporting from the Greenberg financial Group or your Money matters. This is Dave Sherwood on K honesty. Just so you know, you can listen at home by telling Alexa play knsd on my heart radio. Yeah, enjoy the stimulation. Air Louis with you right here on K and S, T. M 7 92 sons, most stimulating talk. So We'll do more of this 805 this morning, Danny McCarthy. Is going to join me to talk about the vaccine. Passport Ban Bill and other things Veil the schools. You name Because tank of already canceled. We'll get No, they can't. They're school meeting this morning, and it's a garbage excuse. To be honest with you. It's a garbage excuse. Um, we'll get to all that. Now I do have a story. My page of cannons to dot com is well. On this is this is very interesting, right? Segregation is back. It is back. Do you know that? Um, now, if you listen to the show for a while, you know, I'm a big Islanders fan. And you know there's certain teams. I really like. I hate the Rangers more than anybody. I really just like the Pittsburgh Penguins. And if you're a Penguins fan You are going to start disliking the Pittsburgh Penguins. You want to know? Yes. Yes. And I know I have a bunch of I know there are a lot of people in this and yes, you are going to You are going to dislike the Pittsburgh Penguins Wanna know why Because the Pittsburgh Penguins Are pushing for segregation. Yep. Eyes. So my page of a screenshot Pittsburgh Penguins has sent a and e mail out to their season ticket holders. Right. We see the demand for tickets, increasing doing our best to increase capacity going forward. Your safety remains our top priority ready for this. Today, The Penguin's organization petitioned the state government and the Pennsylvania Department of Health. To consider the option of creating vaccinated sections for our fans. Unvaccinated sections. That's right. Vaccinated sections would allow fans with proof of vaccination to sit closer in a protected environment. We're encouraged by the number of people in and around the region. That have been vaccinated and feel that this would be safe and effective way to our more fans. Access to attend games. We would still have sections for non vaccinated people. And vaccinations will not be requirement to attend Penguins games. We're still have to wear masks. Glad. Glad. Glad, blah, blah. But there you go. So So there it is. Can you met? What is that going to look like when you look at look at all those dirty people over there Not vaccinated can imagine the fights being start in the stands watching you, David. Vaccination already, You jerk. You know, man, if I was a penguin fan, Well, first of all, I would not like myself as much and let him a rangers fan. Oh, I'm gonna what I said. You're done. By the way. We're not segregating people. No, we're not. I'm just saying, that's what it is. Statistics family That's not even know you probably should be segregated from the entire league because you're horrible. Yep. So there you go, said great segregation fish sticks. Leave my fish sticks alone. So there you go. It wouldn't shock me if they did it to, though. So obviously the Penguins fans are racist. They believe in segregation. Where the penguins at least you're fanned by association. I'll call you a racist is well, Um, and there you have it, okay. They are wanting to segregate vaccinated from unvaccinated people. That's what Dad said. This is going to know what isn't the whole point is that you're you're safe. You're safe for your entry. So? So we're told. So we're so here they wouldn't They want The unvaccinated to mingle with the vaccinated because you want the unvaccinated sitting with the vaccinated that way, there's less of a chance they can get it from the vaccine people right When that makes sense. They are these social distance there, the living social distance, But But But then we have this and we'll get to this coming up this Democrat state rep here in Arizona, all my Hernandez. Saying that she just tested positive for the China virus, and she was vaccinated 11 weeks ago more on that coming up on Tennessee, community colleges will be allowed to offer four year degrees. If governor do see signs a bill that received final approval in the Legislature yesterday it would restrict the number of bachelors degrees community colleges could offer. Would also require them to show evidence of market demand for those degrees. A man accused of swinging a metal pipe it officers at the Tucson V. A hospital on Saturday now faces criminal charges, including assault on a federal officer. The FBI says the man was trying to walk off with a palette of pipe valves in a construction area. They say officers eventually subdued him with pepper spray. I'm don t h e k and s t A..
Sports 600 ESPN
"penguins" Discussed on Sports 600 ESPN
"Penguins hockey network of getting mark and ties it with 18 seconds left. They wind up in a shootout and Sidney Crosby scored the on Lee goal of that shootout, lifting the Penguins past the aisles. That final was 4 to 3. There's some terrific hockey being played in the Sunshine State that doesn't on Lee include the defending Cup champs now incomes behavior of circle watching backhand, but he couldn't get the shot away. How we want it now. Back up front about the stars. The feathers have taken 841 lead for hanky center in front. He got a friendly bounce, and it got past Vasilevskiy and the Panthers have opened up their biggest lead of the game. Harder over Hagi finding the twine. 5 60. W Q A. M. Florida snapped Tampa Bay's winning streak at six games. Stephen Scamp Coast was out with a lower body injury and it comes in a five to set back at the hands of those Panthers, who had been terrific this season. Dante Fabbro score with just under a minute to go. Nashville past Detroit. 3 to 2 Connor, Helly Buck 41 saves Winnipeg Besting Auto up 5 to 1 and Mike Smith 38 say 40th career shutout. Edmondson Blanks Montreal three to nothing in the broom. We'll wait to retire. Pioneering black hockey player will your res number until next year so they can raise his number. 22 banner to the rafters with fans in the building the NHL as the Bruins saddlery to postpone the ceremony until January, 18th 64 years to the day that he became the league's first Black player. Hey, Rising ground. Keyshawn J Will and Zubin weekday mornings here on ESPN Radio and ESPN News from 6 to 10 A.m. Eastern. If you listen to the show, you get insight from both guests at a host Like Keyshawn Johnson's assessment on the marriage of young quarterbacks with their current NFL team, the Cincinnati Bangles decided to draft tea. Higgins. They had a J green over there. They had John Ross, which hadn't done anything, but they had receivers. They drafted tea, Higgins to go with Borough. I can't listen to those feet. Cool. I could only I can only pay attention to what I see. Justin Herbert had to all pro type received. You know what? I'm 100% with how you're gonna have a young dude and not have Keenan Allen. You better come on Keenan, Allen and Mike whims and everything else that they've got couldn't get going. You are He's going to flourish. In that situation opposed to Sam Donald Luke owed new office coordinator Donna Donna. It's just it's hard to do you know one such quarterback, his dad Prescott, he's still young. He was franchised last season suffered a season ending injury before the Dallas Cowboys had a chance to strike a long term deal with them. The Cowboys might do the same if they cannot come to terms on a multi year contract. Former Cowboys quarterback Danny White joins Cage's this morning at 9 10, eastern Jeff Darlington on K. Jay Z on If the Cowboys should pony up, the answer should just be us and we have done this dance for two years now, right where we talk about this deal and how the Cowboys keeps saying, I think I don't. I don't blame us on this one, man. I blame the fact that the Cowboys keep Jerry Jones keeps marching out there. Stephen Jones keeps marching out there and saying things like he's our guy. We're going to sign him to a contract. Well, do it like At some point you can't keep saying he's our guy. If you also then scoff at the request that he's making. I understand it takes two to tango, but I mean, every year we continue to hear He's our guy. We're going to sign into a contract and it doesn't get done. Should get done. Absolutely. Will. I believe it until it does? No, sir. And again, the Cowboys will tag Dak. If they can't find a long term deal. They're not only talking NFL on K J Z this morning. You have C 2 58 Look ahead with Ariel Helwan E on the show at 9 30 Eastern. Thanks for staying up all night for producer Devon Tucker, associate producer Cameron Pratt and technical Director Chris and Kobe. Come. Jim Basketball. Cage's is neck. Don't miss a minute of Tyshawn J willing Toobin. Just tell you smart. Speaking to Flake, ESPN radio Keyshawn J. Willens Suban this morning starting at six Eastern on ESPN Radio and on ESPN News. We've got Rick here again. Well, the second time be the charm. I don't know Bob. He's got a lot of love for the game. But he's not the player. He wants one. He's got passion in his eyes. He passes the beer looks like he's making a play for the candy aisle. I have never seen this In my 35 years. He's going right for the heart shaped box. He picks up the chocolate and head straight to check out. Unbelievable. Rick comes through with a last minute Valentine's Day victory this Sunday. Don't forget to make happy on Valentine's Day with a heart shaped box of Russell Stover chocolates. It's time for some straight talk. Your tax return could look different this year, but you're still gonna hear a lot of noise about how to.