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Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1395: BlackRock Bitcoin ETF Will Send BTC to $1,500,000
"In today's show, we're going to be discussing Bitcoin liquidating $23 million in shorts as Bitcoin price tags a new September high. And check this out, Michael Saylor shares three catalysts which will take the Bitcoin price to $5 million per coin. Also quoting Ricardo Stellinas, the third richest man in Mexico, Christine Lagarde is a thief, Jerome Powell is a scammer, and they're pulling off the perfect fraud preach. And quoting Max of Central in South America, also breaking news just in, Turkish crypto exchange CEO sentenced over 11 ,000 years in prison for allegedly stealing $2 billion in customer funds. We'll also be discussing the institutions may be forced to fight over just 5 % of the Bitcoin supply. Can you say incoming? Bitcoin supply shock. We'll also be discussing when will we see a new Bitcoin all -time high? Will it be this year? Will it be 2024, 2025? I'll be breaking this down for you. We'll also be discussing now 10 years later, since the first Bitcoin spot ETF application and still no Bitcoin ETF, when is it likely to finally be approved? We'll also be discussing the largest asset manager in the world, BlackRock and their Bitcoin spot ETF can literally unlock $30 trillion into the crypto market, send in the Bitcoin price parabolic to $1 .5 million per coin. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's crypto news alerts .net. So welcome everyone just joining us in the live chat. We're finally back in the green for the Bitcoin market, which is a good sign. Let's kick off today's show with our market watch. But first and foremost, welcome everyone. It's September 8th, 2023. I'm your host JV, and this is pod episode number 1395. As you can see here, we got Bitcoin in the green, trading at roughly 25 ,900 while Ether and BNB are still in the red. And checking out coinmarketcap .com, we're currently sitting just above that trillion dollar milestone, with about 28 billion in volume in the past 24 hours. Bitcoin dominance has been pretty stagnant, currently at 48 .3%, with the Ether dominance at 18 .8%. And checking out the top 100 crypto gainers of the past 24 hours, we have Kronos leading the pack up 3%, trading at 5 .2 cents, followed by XDC up 3%, trading at 5 .6 cents, followed by Stellar Lumens up roughly 2 .5%, trading just above 12 .5 cents. And checking out the top 100 crypto gainers for the past week, I'd say the majority are back in the red, but we do have some pumpers, including XRD now up 8 .1%, following by CRO up 3 .3%. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, yesterday at 41, last week a 40, and last month a 50, which is dead in the middle, neutral. So there you have it. How many of you have been taking advantage of this recent dip? Please do let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis. If you're just joining us, make sure to say hello in that live chat, and let us know where you're tuning in from. But yeah, let's check out these charts, Bitcoin extended volatility into the September 8th Wall Street Open as a classic short squeeze sparked new September highs, which you can see here in the Bitcoin, one hour candle chart, data from Cointelegraph and TradingView showed Bitcoin price movements liquidated in shorts and longs alike. Bitcoin has seen upside momentum the day prior, culminating in a trip above 26 .4 after the daily close, then a subsequent comedown nonetheless took Bitcoin full circle, and Bitcoin slash USD pair was back under the 26 ,000 mark at this time. Now, some analysts breaking down some of the charts here, such as Jelle says, whoops, let's take out the lows again, then. Hmm. Now the result was punishment for the late traders chasing the market up and down. According to data from CoinGlass, short liquidations total $23 .5 million for yesterday, September 11th. And thus far today, we don't know how long the tally is precisely, but probably even higher. Shorts have got hunted as expected. It's a popular trader scoop, quitting him here. Bitcoin Binance and Bybit open interest shorts got hunted and as expected. Note the over leverage added here, or I'm sorry, open interest added here with a small price reaction and decrease in the per bid delta. This implies that more shorts scaling into the price on the second dive higher. Now, fellow trader Dan Crypto Trades highlighted the significance of reclaiming lost ground from August, quitting him here. Bitcoin was finally able to break above the September monthly open after testing it numerous times. It is now retesting it. The question is, will it provide as much support as it did resistance? It's up to the bulls to try to maintain a green September. Meanwhile, CoinGlass data confirms September tends to produce a Bitcoin price downside of close to 10%, with market expectations skewed approximately for 2023. And quoting another trader, Crypto Tony, he says, nice rally off of 25 .6 range low, but no following through up to the range highs. So again, we're stuck mid range. No entry for me on Bitcoin unless we clear 26 ,600 as outlined here in this chart. Now quoting another analyst, Michal Vendet Pop, he says, technically speaking, we can solely focus on the price action in 2019, but that doesn't grant a clear case. The case in 2015, we can correlate the current market with that cycle, he said in his commentary. And he continued, in that regard, this is the final correction. Let me know if you agree or disagree with the analyst as he outlines here in this chart. He says there is a level in which Bitcoin must hold in order to avoid the significant crash. Bitcoin currently holding onto a significant level of support. It's around the 25 ,500 barrier, which has held up thus far. Do you think we're likely to drop sub 20 ,000? Let me know your honest thoughts in the comments right down below. And now let's break down the latest from Michael Saylor. He recently shared three catalysts, which will take the Bitcoin price to $5 million per coin. Catalyst number one, a spot ETF approval, which he says is inevitable. Number two, banks custody and against Bitcoin as collateral, which is coming soon. And number three, fair value accounting rules from the FASB, which will be approved this week. So there you have it. Very bullish sentiment coming from Mr. Saylor and massive shout out to Ricardo Salinas, the third richest man in Mexico. In this interview, here's what he had to share. Christine Lagarde is a thief and Jerome Powell is a scammer. They're pulling off the perfect fraud. So much respect and shout out to Ricardo Salinas for preaching the facts. And quoting Max Keiser, the high priest of Bitcoin, he says that President Bokele is the Warren Buffett and Elon Musk of Central and South America. And he's turning a $26 billion out of favor of phishing and Pupusa hub with some untapped volcano Bitcoin mining potential into a $300 billion mega success story that's transforming the region. So let's freaking go. Massive shout out to Najib Bokele. And now let's break down our next story of the day and discuss this $2 billion crypto scam. Could you imagine being sentenced to over 11 ,000 years in prison? Do they not understand the average life expectancy of a human being? I mean, who does that? But anyways, this is quite fascinating to say the least. Here's the guy right here, just in Turkish crypto exchange CEO sentenced to 11 ,196 years in prison for allegedly stealing $2 billion in customer funds. This story should have SPF ishing his pants considering SPF with FTX was a $30 billion fraud for Christ's sake. Facts. So yeah, let's break this one down. The former CEO of Turkish crypto exchange Thodex. And let me know if anyone has ever heard of the exchange. I never heard of it until today. The guy's name is Farouk Faith Ozer. He was sentenced to 11 ,196 years in prison by a Turkish court on charges of establishing, managing and being a member of an organization where qualified fraud and laundering of property values. Are you listening to SPF? Now, the ninth high criminal court sentenced him along with his two siblings to the same jail sentence of 11 ,196 years. Good Lord. 10 months and 15 days in prison along with a $5 million fine reported Turkish state run news agency. The Turkish crypto exchange was one of the largest digital asset trading platforms in the country before abruptly imploding in 2021. The exchange halted services on the platform without prior notice. And the founder fled the country along with the user's assets, totaling over $2 billion in crypto. And at the time, he refuted all claims of the possible exit scam. The fugitive founder was finally detained in Albania in August of last year, where he has been serving a jail sentence before he was extradited to Turkey in April of this year on charges of fraud and money laundering. The same charges SPF is against. Now, he was already in jail for failure to submit tax documents since July, while the most recent conviction comes for defrauding customers. The founder of the crypto exchange claimed in court that he and his family are facing injustice. He said that Thodex was a crypto company that went bankrupt and had no criminal intentions. A Google translated version of his court statement read, the following, I am smart enough to manage all institutions in the world. This is evident from the company I founded at the age of 22. If I were to establish a criminal organization, I would not act so amateurishly. The question is that, is it clear that the suspects in the file have been victims for more than two years? So he's allegedly claiming to be a victim. The long drawn out case against the Thodex crypto exchange had 21 defendants, five of whom attended the court hearing in person. The court acquitted 16 defendants of qualified fraud due to the lack of evidence and ordered the release of four defendants. The other defendants in the case received varying degrees of sentences based on their involvement in the crypto fraud. So there you have it. I mean, quite interesting to hear anyone being sentenced for over 11 ,000 years, and especially considering his siblings are also involved. Do you think they're just trying to make an example out of him? I don't know what to really think, honestly, because I don't know the guy. I don't know the exchange. I don't know if he's really innocent. I don't know if it's an attack. But what are your thoughts, fam? Let me know. And at the end of the show, I'll be reading everyone's comments out loud. But it does sadden me. I must say, hearing anyone get sentenced to 11 ,000 years in prison doesn't seem right. If you could only live approximately, what, 80 years, it just is a bunch of nonsense and sounds like they're trying to make an example out of someone. I say, if you want to make an example out of someone, use SPF, the $30 billion fraudster himself. Why don't we start there? You know what I mean? Just saying. Anyways, fam, now let's discuss the potential supply shock incoming as per Invest Answers as institutions fight for the final 5 % of the Bitcoin supply. That's right, citing an infographic from blockchain analytics firm Glassnodes stating that 95 % of the existing supply of Bitcoin has not moved over the past 30 days. Anonymous host of Invest Answers tells his half a million YouTube subs the Bitcoin needs to rally is a buy -side catalyst, quitting him here. Breaking news, 95 % of all the Bitcoin has not moved in the last 30 days. So again, despite the weak market, only 5 % is moving around with 95 % sitting tight. And we know why. But the real magic of this, imagine there is a catalyst and imagine big money wants to jump in and buy a truckload of Bitcoin. The price will just go parabolic. And that's just economics, ladies and gents. This is why I am so obsessed with Bitcoin. It is so scarce. So literally when the big institutions come and they are fighting over that 5 % and all the legacy holders are just sitting there watching anyway, it's a reason to be excited. And the charts don't lie as the HODL waves chart from Glassnodes shares here, literally 95 % of all the Bitcoin has not moved in the past 30 days. So shout out to all my long -term HODLers. The anonymous host also further says that the remaining supply of Bitcoin after accounting for the long -term HODLers and the lost Bitcoin is also yet another bullish indicator, quitting him here. The amount of Bitcoin that is either HODLed or lost or basically has not moved in the last five years is nearly 8 million BTC. That means technically only 11 million or thereabouts have not. And in fact, taking this five -year plus, it doesn't include all the Bitcoin lost over the last five years or less. So we just know it is super scarce. It is question, well, if it is so scarce, is that not bad? No, it is not. It means the price of what's left will go up and it won't take a lot to move it as well. So there you have it. And in this chart by Glassnode, you can see the 8 million Bitcoin HODLed or lost in the past five years, but only 11 million left as the smart money and the whales continue accumulating as they should. So there you have it. Let me know if you feel that Bitcoin supply shock is going to be incoming, this halving coming up in roughly six months, scheduled to be sometime in April 2024. Let me know your honest thoughts in the comments right down below. Now let's discuss our next story of the day and discuss when do you think the Bitcoin price is likely to hit that new all -time high? Well, let's break this down according to Crypto Con, a fellow analyst predicting all -time highs in 2025, which I feel is conservative. I think personally we're likely to smash the 69 ,000 all -time highs sometime next year in 2024. But let me know your thoughts, chat. Now amid debate over the nature of the current Bitcoin four -year price cycle, Crypto Con believes that all may be simpler than many imagine when it comes to how Bitcoin behaves at a given time. Unveiling the November 28th chart on X, he delineated the date of the key pivot point for the year along with a three -week period on either side, quoting him here, using four -year time cycles against my inception. The cycles are centered around the dates of the first halving, November 28th. And he continues, the Bitcoin price action began at the first bottom, October 8th, 2010. This is where cycle curves peak every four years. Tops and bottoms come plus or negative 21 days from November 28th at their appropriate times on the curve. Tops on the upswing, bottoms on the pinnacle. So the chart virtually describes November 28th as Bitcoin date. Bitcoin sees a Bitcoin bull launch every four years. The last was in 2020 when Bitcoin broke beyond his previous all -time high, hitting the current high of 69 ,000, which we did in November of 2021. The next point of interest is thus November 2024. Until then, Bitcoin price action will spend its time in a mid -cycle lull, according to the analysts. After Bitcoin bottoms, the price makes an early first cycle move, which you can see in this chart in the orange and enters into a mid -cycle. This is the longest part of the cycle where Bitcoin spends time around the median price, half of the previous all -time high until the curve bottoms. So ultimately, the median price of the previous high is probably in that $33 ,000 to $34 ,000 range, just FYI. But he did add that Bitcoin had almost certainly seen its early top, referencing the 31 ,800 local highs back from July of this year. Now, as reported by Cointelegraph, opinions on where the Bitcoin price action will go into the 2024 block subsidy having differ from analyst to analyst. Some argue that the modest gains will be all that the hodlers will see before the event scheduled for April of next year, again, roughly six months out. We also have Phil B. Philby, co -founder of trading suite Decent Trader. He delivered a $46 ,000 target for the halving with $36 ,000 slated for year's end. What are your thoughts surrounding these two targets? Do let me know. Meanwhile, CryptoCon summarized that 2023 Bitcoin's price behavior as a full market fake out, putting him here. This makes it appear as if the bull market has begun with the trigger of many signals. But then at some point, the price fails to continue. This is the most convincing example we have seen of this yet. And personally, I think there is still some time to go for that. And I am patiently awaiting its completion in which he shares alongside the Bitcoin one -day candle chart. Now, as we know, we'll see where the Bitcoin price is likely to go next. But now the million dollar question, when are we likely to finally get a Bitcoin ETF spot in the United States as they have been getting denied now consistently for over a decade with the first app being submitted by the Winklevoss twins, owners of the Gemini exchange? Because we all know fact there is a lot of money on the sidelines. In fact, analysts are predicting over 30 trillion will be ushered into the Bitcoin price and the market cap as soon as this does get the approval. But when is the million dollar question? So let's discuss when the spot Bitcoin ETF followed by a prediction of the Bitcoin price soaring 60x from the current price action to one and a half million dollars per coin. Then we'll dive into our live Q &A. So the first spot Bitcoin ETF app was filed in July of 2013, literally over a decade ago. Fam, I'm not exaggerating. It was denied in both 2017 and 2018. A decade has since passed since the initial app. Now the SEC had rejected more than a dozen additional apps and repeatedly punched the date for deciding on others. I'm sorry, punted, meaning they continue to push it back. The ETF saga's latest interaction saw Bitcoin jump more than 6 % as industry advocates celebrated a court ruling that affirmed what we already knew, that the SEC's rejection of the Grayscale ETF app was arbitrary, 100%. This was of course followed by the SEC delaying its decision on all seven pending Bitcoin ETFs and a subsequent price drop. Now we wait as the SEC deliberates on its next move surrounding the Grayscale pleads for approval. Now to a degree, the case for Bitcoin ETF makes sense in the spirit of adoption. The $7 trillion ETF industry is ripe with investors still on the crypto sidelines awaiting for a product that would grant them Bitcoin exposure without having to buy Bitcoin directly and set up a wallet. Plus as a community that's fought long and hard to have digital assets taken seriously, the crypto world is inclined to welcome the validation that the United States ETF would signal. 100%, when are we going to get that? But crypto, Bitcoin especially, is predicated on the need for an alternative financial system, one that enables the financial sovereignty, transparency, and consensus that traditional finance is glaringly lacking. The crypto industry's eagerness for an SEC ETF approval feels like a step backward akin to the American revolutionaries begging parliament to intermediate colonial tax collection and rejection of its imperial rule. And as Michael Saylor points out here in this tweet, BITO had underperformed Bitcoin by 28 % year to date. This is why we need a spot. Bitcoin ETF preach. And again, Michael Saylor says the Bitcoin price can soar to $5 million per coin just on the back of the three catalysts I mentioned earlier. And mainstream adoption is a ubiquitous goal amongst crypto champs. And the SEC sign off on a Bitcoin vehicle that resonates with trade fi is ostensibly a fast track right to it. But fighting for approval from an opaque centralized agency for an intermediated investment product belies our industry's purpose. And frankly, it's unnecessary preach. The irony of cautious investors waiting to buy Bitcoin ETF shares rather than taking the safer route of buying Bitcoin directly is palpable. ETF bears many layers of counterparty risks, including the sponsor custodian and other partners. We saw how catastrophic this type of risk can be to crypto during the latest contagion when customers lost more than $10 billion within months because they trusted third parties. Now, though the contagion appears to have dwindled, the major takeaway remains. If you don't have the private keys to your Bitcoin, your assets aren't in your control, and they may not even exist. Facts, not your keys, not your cheese fam. As we preach here on the channel, those of us who witnessed the fallout up close know this, but investors who have been waiting on the sidelines for the ETF likely do not. It is our job as industry builders and veterans to help the newcomers understand the new degree of security and risk aversion that Bitcoin technology enables. The downside of a spot Bitcoin ETF runs deeper than the conceptual contradiction of the unknowingly purchases of a riskier investment. The potential cost of the crypto movement is immense. Take, for example, BlackRock iShares Bitcoin Trust, the announcement of which drove the Bitcoin price to one -year high in June. However, perhaps blinded by the prospect of monumental institutional inflows, much of the Bitcoin community, myself included, has thrown its support behind BlackRock's iteration of TradeFi 2 .0 haphazardly disguised as Bitcoin conviction, and buried within BlackRock's submission is a clause on hard forks, which you may not know about. Quoting them here, the sponsor use is discretion to determine which network should be considered the appropriate network for the trust purposes, and in doing so may adversely affect the value of the shares. There is no guarantee that the sponsor will choose the digital asset that is ultimately the most valuable fork. The sponsor may also disagree with shareholders, the Bitcoin custodian, and other service providers, the index administrator, crypto exchanges, or other market participants on what is generally accepted as Bitcoin and should therefore be considered Bitcoin for the trust purposes, which may also adversely affect the value of the shares as a token. However, the sponsor uses the consensus mechanism for a protocol that has already been well -defined and battle -tested mechanism. So it's going to be interesting to see how this all plays out for the major institutions around the world. We know the BlackRock track record is literally 575 to one, meaning the SEC have approved 575 ETF requests, and I've only ever denied them of one. The possibility and likelihood of an ETF being approved by BlackRock I'd say is extremely high, but it takes us back to the million -dollar question, when? If I was to put a date on it, I'd say likely. Sometime in 2024, as ETF experts and analysts are currently predicting, including Eric Valchunas, says there is a 95 % chance of a spot ETF being approved in 2024, and I believe he gave it a 75 % chance of still being approved by the next deadline, which is October. Putting on my Nostradamus hat, I think Gary of the SEC are going to likely push back and punt the deadline once again until next year. But that's my two Satoshi's. Let me know your thoughts, fam, in the comments right down below. And now let's break down our final featured story of the day, and that's the BlackRock Bitcoin spot ETF unlocking literally $30 trillion of value into the crypto market cap. That's right. According to Bloomberg, ETF analyst Eric Valchunas' approval of a Bitcoin ETF could potentially be the game changer in unlocking vast reserves of capital for the crypto market. His analysis estimates that $30 trillion worth of assets controlled by the US financial advisors could be funneled into Bitcoin investments if a spot ETF green is signaled by the US SEC. So let's discuss this domino effect of BlackRock's controlling over $9 trillion in assets under management. We all know they submitted their app for the Bitcoin spot ETF last month, significantly shifting the probability landscape. According to Valchunas, the chance of a spot Bitcoin ETF approval soared from only 1 % to over 50 % following BlackRock's involvement. And as I broke it down for you, he's now saying 75 % chance this year and 95 % chance next year. And quoting him here, their application triggered a wave of similar filings by other prominent firms, such as ARK Investment, Valkyrie, and Fidelity, setting the stage for a highly competitive environment. That's right. Now, Fidelity, I believe, is the second largest asset manager in the world that currently controls over $4 trillion in assets under management. And although Bitcoin futures ETFs do exist in the US, they pale in comparison to what a spot ETF can bring to the table. So currently, these futures -based ETF accounts for only about $1 billion in total assets under management. Valchunas describes the approval of a spot Bitcoin ETF as the holy grail that would dwarf the current offerings and galvanize the crypto market like we have never seen before. So send it and let's freaking go. Also, a spot ETF would not only benefit Bitcoin, but also serve as a boost for the rest of the crypto industry, solidifying the assets class position and mainstream finance. And as they say, a rising tide raises all ships, so not only Bitcoin, but the entire crypto market would obviously benefit the approval of a Bitcoin spot. ETF stands on potentially transformative moment for the American market, with at least 10 firms currently in competition, and astronomical sums are at stake. The race is currently heating up. BlackRock haven't already partnered with Coinbase in 2022 to offer institutional clients crypto access to launching its own spot Bitcoin private trust, appearing to be at the vanguard of the financial revolution. So with trillions of dollars in play, the implications for Bitcoin and the broader crypto market are currently colossal. The clock is ticking and the world watches with bated breath as regulatory decisions loom on the horizon. So there you have it. I also want to mention, if you'd like to watch this, Eric Valchunas, the analyst from BlackRock, talking about $30 trillion entering the market upon the approval of an ETF, check the show notes below the video in the description. And I also want to talk about, off of the news, which was shared last year, that BlackRock could team up and partner with Coinbase as a custodial, we had some predictions of a $773 ,000 Bitcoin price. So I'd like to break down the math and where these numbers have come from. So quoting Invest's answers from his forecast, which he made on his channel, that Bitcoin price is going to go parabolic off of this news, quoting him here, if BlackRock were to place just a half a percent of its assets under management, Bitcoin's market cap would be affected by an increase of over a trillion dollars. This would add about $75 ,000 to the Bitcoin price. Bitcoin, which is in the $23 ,000 band at the time he made the prediction, will make its way to about $98 ,000 per coin. This is 326 % more than today's price. And it is very, very achievable. So let's talk about it more long term. So he also stated that if BlackRock stands out with an asset value of $10 trillion, put 1 % of their funds into Bitcoin, the leading crypto would be worth more than $150 ,000 per coin, quoting him again, now if they allocate a 1 % stake, which will of course take time to reach this level, that would add about $2 .1 trillion to the market cap and $150 ,000 to the Bitcoin price. And that would push Bitcoin's future price to $173 ,000 per coin. The profit for Bitcoin here is 652%. And the analysts also stated the Bitcoin can rise to as high as $773 ,000 if BlackRock allocates just a 5 % share. But on the other hand, this estimate can be considered to seem quite maximalist in the current situation. However, according to the crypto analysts, between the next three to five years, the price will be achievable at these levels, quoting him again, if as analyst Dan Tapiero said, they add 5%, which I think is very aggressive, maybe with time, maybe in the next three to five years, it will be possible. This will quite easily push the price of Bitcoin to $773 ,000 per coin in the next three to five years. So there you have it, fam. Let me know if you agree or disagree with the analysts. Do you think the approval of a spot Bitcoin ETF in the US will help usher in literally, literally $30 trillion into the market considering the current Bitcoin market cap is only $500 billion? That's roughly 60x. So if you take today's price of $26 ,000 and times that by 60x, we get above a $1 .5 million Bitcoin price. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. Thank you.
Simply Bitcoin
A highlight from Mexico's Third Richest Man Buys MORE Bitcoin | EP 820
"It's all going to zero against Bitcoin. It's going up forever, Ron. Bitcoin! You're against Bitcoin, you're against freedom. Yo, welcome to Simba Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution, because we're breaking news, culture, and medical warfare. We will be your guide through the separation of money and state. My mistake, guys, I did set going live to 12 .15 PM, not 12 .15 AM, I apologize. I'm in Los Angeles right now, so a bit of a mix -up in terms of the time changes, that's why you see me in this dark hotel room, but I am well lit, so there is good news, I guess. Anyways, today's news, guys, we're going to cover a lot. We have a look into, remember a couple of weeks ago, guys, there was this news coming out of Oman that they were going to invest $1 .1 billion into mining infrastructure. Well, it looks like our friends over at Luxor did an analysis of what that, you know, what that, what that entailed. And also, we're also going to talk about the richest man in Mexico. And he recently did an interview with Natalie Brunel, and I'm talking about the third richest man, by the way. His name is Ricardo Salinas. And once again, he has increased his Bitcoin position and also comedian Bill Burr calls out the Federal Reserve and the debasement of the dollar. So it looks like the Bitcoin echo chamber continues to break. People are starting to question what is money. I remember I was I was checking into into my room last night, into the hotel. And I remember the the people at the lobby were talking about that they were just having a conversation like, look, life is good, man, but like, holy cow, this this inflation thing. And and again, like, think about it, like, what is the probability that I'm there at that specific time to hear that type of conversation on the side? And I feel like people are enduring this everywhere. And we covered an article that came out in reference to in reference to 61 percent of Americans, according to CNBC, are living paycheck to paycheck. So yeah, it's it's pretty crazy. Also breaking news. We'll have more follow up news for you guys next week. Ripple acquires crypto focus chartered trust company, Fortress Trust, and McShane from Bitcoin magazine tagged CEO and CEO Corey Clipsons, and he said, how will this affect customer Bitcoin deposits at Swan? Corey replied and said, near term, no change. Fortress Trust will be run as an autonomous unit. Midterm will have some news out very, very soon. So also, full disclosure, Swan is a partner of of Simply Bitcoin and I work at the company also. I'm part of the part of the media. So we'll keep you guys in the loop, as always, like what we've always advocated for on Simply Bitcoin. Take self custody of your Bitcoin if you know, if you don't like what's going on. That's that's what I would advise. You know, it's it's good to trust, minimize in regardless of the situation, regardless of who your broker is, who your custodian is. You should really trust yourself with your money, especially if you don't like what's going out externally, what's going on externally. Anyways, I want to bring up my legendary co -host, always optimistic. How are you doing, Opti? I'm doing wonderful. It is Friday. I feel good. Actually, full disclosure, I drank too much coffee this morning, guys, so I'm probably going to go absolutely bananas on today's show. But hey, it is what it is. Hey, everyone's trolling me on my lack of a mustache, guys, I cannot grow facial hair. Chill out in the chat. Anyways, anyways, let's let's bring in our guest today, Vox, how you doing? We got a Bitcoiner, as we say all the time on the show, we bring on Bitcoiners from all walks of life, from the biggest names to the everyday Bitcoiner. So you already know we're going to go down his Bitcoin story, how you became a Bitcoiner. And he told me, at least tweeted at us last night, that he's been reading Lynn Alden's new book, so we'll probably get some thoughts on that and then maybe some thoughts on what he thinks is the best way to orange pill. So anyways, Vox, how you doing? I know you got your cold brew over there. I hope you get just as jacked as I will on today's show.
Coin Stories with Natalie Brunell
A highlight from Ricardo Salinas: Mexican Billionaire on Bitcoin, Building Wealth, Capitalism and Legacy
"This is not a question of left and right, it's free and slavery. It's freedom and irresponsibility or irresponsible theft. Welcome to the Coin Stories podcast, where we get to explore the future of money, business, technology and Bitcoin's revolutionary promise to boost economic prosperity around the world and mend our broken financial system. I'm Natalie Brunell, and I'm here to learn with you. This podcast is for educational and entertainment purposes only, none of the discussions should constitute as official investment advice, and you should always do your own research. Please make sure to subscribe to the show so you don't miss out on any new episodes. This podcast is made possible through partnerships with companies I trust, and I'm very picky about who I choose to partner with, so I hope you take the time to listen to the ad reads throughout the show. Thanks for joining me, and if you like this type of content and want to see more of it, make sure to hit that like button. All right, it's time for the show. Ricardo, first of all, it is such an honor. Thank you so much for taking the time. Thank you, Natalie. I just learned, actually, that Ricardo Salinas -Pliego, it's because the first last name is your father, second is your... I didn't know that that's how you worked in Mexico. Well, in Mexico and in general, Latin countries, we have this big family tradition and a way to respect the families, to recognize that your mother also counts. Love it. I love that. Yes. Well, I want to hear a little bit more about your upbringing. I want to start the story at the beginning. Can you tell me what it was like growing up here in Mexico? I was a very bad boy. You were a bad boy? Very bad boy. Very unruly and like a savage, wild guy looking for adventure. Why? I liked adventure. What can I say? In terms of your understanding of money, what was your sense of money growing up? Did you feel always comfortable? I was always poor. Okay. I had no money. I hate that feeling. Yeah. It's terrible. As a matter of fact, I have a story about that when I think I might have been like 10 or 12 years old, and my father sent me out on a trip to Disneyland and to the US, and then fly across to New York and the World Fair, and he gave me $100 for a one -month trip. I think after three days, I spent it all, and I spent the rest of the trip feeling like a beggar with my other friends who had more money. It was a terrible feeling. I don't like it, and I'm not planning on going back to that. Did you always strive to achieve great wealth? What was your path in terms of achieving success in your career? Well, it took me a long time, because even though I started working first on my own, then with other companies, and my father offered me a job in his company, and that company belonged to my grandfather and my father, and it was their company, not my company. I started working for them, and both of them, especially my father, they're very stingy, miserable with their money, so they pay me a miserable salary. Then after the 80s, disaster here in Mexico when, as I mentioned, the price of the dollar went from 20 pesos to one dollar, to today, which is 17 ,000 pesos per dollar. But in the 80s, just between 1982 and 1988, it went from 20 to 3 ,000. So everybody was wiped out.
The Breakdown
A highlight from Worldcoin Iris Scanning Shut Down in Kenya
"Welcome back to The Breakdown, with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Saturday, August 5th, and that means it's time for the weekly recap. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find the link in the show notes or go to bit .ly slash breakdown pod. All right, friends. Happy weekend. Today, we are doing a full on grab bag. We are going to touch on a bunch of different topics, some updates from stories from earlier in the week or last week, some things we haven't had a chance to cover yet. And where we start is with the latest in Worldcoin, and to kick it off, a quote from Maya Zahavi. On Wednesday, she tweeted the most predictable blowback against crypto colonialism. No government would allow its citizens to risk their biometric data to a company that has shown no remorse in blitz collecting data. So far, France, Germany and Kenya are investigating Worldcoin. Now Maya was far from the only person talking about this. The same day, Mohamed Hersey, the former chairman at the Kenyan Tourism Federation, wrote a foreign firm can just walk in and set up office in Kenya and start harvesting iris scans. The iris is the only unique identity a human has, so with a small token, Kenyans are falling over each other to allow their iris to be scanned. And we think it's just a cool, harmless thing. It's the duty of the state to interrogate such firms, so the desperate Kenyans are not duped into something they hardly understand. Cabinet Secretary, you need to step in. Personal data should be a security concern, and the state must be convinced that it is a good clean thing. These chaps can't just walk in and start scanning the iris of gullible Kenyans. So indeed, Worldcoin operations have been suspended in Kenya. The nation's Ministry of the Interior said in a Facebook post on Wednesday that and how the harvesters intend to use the data. The Ministry added that it was, quote, Now, prior to the shutdown, Kenya's Minister for the Digital Economy, Eliudawalo, defended Worldcoin's practices in a television appearance. He stated that Kenya's data protection regulations may need an overhaul, but that Worldcoin were acting within the law. Of course, since the very early days of Worldcoin before the formal launch, critics had raised concerns that the project would be taking advantage of citizens in Africa and across the global south. Kenya has been one of the largest markets for signups. In December, Worldcoin boasted that over a quarter of a million people in the capital of Nairobi had handed over their eyeball scans to one of the 45 orbs in the city. At launch, Worldcoin claimed to have two million users, primarily made up of residents of the global south. Alfred Matua, the Kenyan Secretary for Foreign and Diaspora Affairs, said, Now, outside of Kenya, several European regulators have also opened investigations into Worldcoin, primarily on data privacy grounds. Last week, the UK's Information Commission's Office, which regulates personal data, said that it would be making further inquiries into the project, but had not yet opened an investigation. It noted that organizations, quote, Now, although investigations into Worldcoin are more widespread, Kenya is the first nation to take the step of shutting down operations within their borders. Kenya's Capital Markets Authority also issued a cautionary statement on Wednesday, stating that neither the project nor the tokens were regulated. The statement warned of, quote, That said, the CMA said it was willing to work with Worldcoin through its regulatory sandbox. Now, Worldcoin said it would pause Kenyan operations in a statement, but appeared to be more concerned with crowd control after one location was shut down by police earlier this week. They said, Now, separately on Wednesday, Reuters reported that Worldcoin intends to allow governments and corporations to use its iris scanning based ID technology. This, of course, raised further concerns regarding the organization's data privacy policies and longer term intentions. Ricardo Masierra, the general manager for Europe at Tools for Humanity, explained, Boy, I got to tell you guys, it is very hard to keep up the normal level of breakdown. objectivity when it comes to this, not because of any big belief that anyone who's at Worldcoin believes anything other than exactly what they're saying, but more because the combination of biometrics and around and find out thinking just seems really, really dangerous. Moving on to our next topic, Coinbase announced a strong earnings beat for the second quarter. The company exceeded analyst revenue estimates by 12 .7%. Now, of course, revenue contracted for the quarter, falling by about 18 % compared to Q1, but estimates had called for a 22 % collapse in revenue. Losses were also significantly less bad than expected, coming in at 42 cents per share compared to analyst estimates of 76 cents per share. This is the sixth straight loss -making quarter for Coinbase, however, the company appears to have stemmed the worst of the bleeding. During the second quarter of last year, for example, Coinbase chalked up a loss of almost $5 per share. Now, the big story was the shift in business model that has taken place during this bear market. Trading volumes on Coinbase continued to collapse. Volume fell by more than a third to hit $92 billion for the quarter after holding steady in Q1. Interest income also fell by 16 .5 % to reach $201 million. This line item is primarily driven by earnings from an interest sharing agreement on USDC stablecoin holdings, which brought in $151 million for the quarter. However, revenue from blockchain staking services increased by 18 % for the quarter and now stands at $87 .6 million. Quarterly staking -related revenue has increased by almost 30 % compared to last year. In fact, for the first time, Coinbase brought in more revenue from subscriptions and services than it did from trading fees. That means that in aggregate, staking services, custodial fees, earned interest, and subscriptions made a larger contribution to the bottom line than the exchange. There's also the potential for a major tailwind to hit the relatively small custodian arm of the business should BlackRock be successful in its ETF application. Remember, Coinbase will be custody -ing all of the Bitcoin held on behalf of the BlackRock ETF. CEO Brian Armstrong heralded the quarter as a success, but foreshadowed that there was still more work to do, stating that, Q2 was a strong quarter for Coinbase as we executed well and showed resilience in a challenging environment. We've cut costs, are operating efficiently, and remain well positioned to build the future of the crypto economy and help drive regulatory clarity. Coinbase shares were up over 10 % in aftermarket trading following the release of earnings. Continuing on to a super weird one. Zach Guzman, the founder of Coinage Media, writes, I don't think I've seen this before. The New York Times just submitted a letter to the court in Sam Bankman -Fried's case about why he was fined to share Carolyn Ellison's diary entries with them and why the judge shouldn't revoke bail and detain him now. So what's going on is that the New York Times has submitted a filing in SPF's criminal case arguing that the court should defend First Amendment rights related to free speech. You will undoubtedly remember that Sam recently came under fire after leaking parts of Carolyn Ellison's journal to the newspaper as part of a story. Ellison was of course the Alameda Research CEO at the time of the FTX collapse and is a material witness in the case. Following that, prosecutors had asked for Sam's bail to be revoked and for the court to issue a gag order, thus preventing him from making public statements or communicating with journalists about the case. Their concern was that Sam had been attempting to intimidate Caroline by releasing her private writings to journalists and would be likely to make further attempts to manipulate public opinion via the media as his trial date approached. Despite those specific concerns, the judge issued a broad gag order rather than one that restricted Sam's communication only in relation to interfering with the trial. This is what provoked the response from the New York Times. After the gag order was issued last week, they wrote a letter to the judge addressing freedom of the press issues. They argued that the public had a right to know details in the case and should not be restricted by the court without due consideration of free speech issues. Their letter claimed that the gag order, quote, However, in a filing late on Thursday, the DOJ reiterated their position that Sam had gone way beyond making, quote, They stated that, quote, Prosecutors pointed out that SBF had created a, quote, What is clear, regardless of whether the defendant was the first source for stories regarding Ellison, is that the defendant, rather than deny his guilt as he correctly now says it is his right to do, shared materials with the press obviously designed to intimidate, harass, and embarrass someone he knows is slated to testify against him and provoke an emotional response and color a potential juror's view of that witness. The DOJ also noted a bizarre fixation with the comments of current FTX CEO John J. Ray III, who took over the firm after bankruptcy. They wrote, In all the years of bail revocation hearings I did, never did anyone or any organization claim a First Amendment right to facilitate witness intimidation. And for good reason. That's not how the First Amendment works. Autism Capital summed up, Not because they feel bad, but because they don't want to scare off their pipeline of juicy leads from other suckers. And now they have to deal with the backlash of the optics of defending SBF. I don't know, man. It seems pretty hard to me to be in the New York Times seat here and actually trying to defend this, especially as the prosecution revealed that there had been something like over a hundred calls between Sam and New York Times reporters. As the prosecution said, that's not just Sam making comment to the effect that he's not guilty. That's an intentional strategy carried out by press, with the press's complicity because they get a juicy story. Now certainly the New York Times is well within its rights to take advantage of a defendant who wants to talk that much. But the idea that that somehow justifies leaking someone's personal journal and trying to pass it off as an essential and material to the case is just ridiculous. Speaking of ridiculous, lastly today, Ilya Dutch Liechtenstein and his wife, Heather Rosilcon Morgan, entered guilty pleas on Thursday in relation to the 2016 Bitfinex hack. Liechtenstein pled guilty to one charge of conspiracy to commit money laundering and, in admitting to the prosecution's facts in the case, identified himself as the Bitfinex hacker for the first time. Liechtenstein had only been charged in relation to the money laundering, not the hack itself, leading some to speculate whether there was an additional unknown person that carried out the hack. Prosecutors said, The stash of nearly 120 ,000 Bitcoin was worth around $70 million at the time of the hack, but swelled to a value of over $4 .5 billion over the years since. This made the Bitfinex seizure the largest ever recovery of stolen cryptocurrency when law enforcement arrested the pair in February of this year. 94 ,000 Bitcoin are known to be recovered from the heist. Liechtenstein faces a maximum sentence of 20 years in prison, but his assistance in recovering additional funds since his arrest could mitigate that penalty substantially. Now Liechtenstein's wife, Heather, aka Razzle -Kahn, an amateur rapper, also pled guilty to charges of conspiracy to commit money laundering and defrauding the U .S. government. The self -proclaimed Crocodile of Wall Street faces a maximum sentence of five years in prison for her role in the crime. Cleanup year continues, and good lord, we can't get through it fast enough. That is going to do it for today's episode. Thank you for hanging out and listening. Until next time, be safe and take care of each other.
Mark Levin
Josh Hammer: Industrial Policy Through a National Conservatism Lens
"Largest market share of advanced semiconductor chips of any company in the knows world who what would happen if we were to ever lose TSMC and we use these those ships for everything from our iPhones to our f -35 planes so the argument here is that the global free trade regime the Washington consensus you know it goes back to George HW Bush era where George HW Bush famously had this White House economic advisor who kind of mused computer chips potato chips what the difference and you know look I mean I majored in economics in college mark I've read Ricardo I know what comparative advantage looks like on an economics 101 chalkboard and that should be the baseline for sure but it is important from a national resilience industry and national security perspective that there are some things that we should actually make in this country or to bear bare minimum does anybody disagree with this really any conservative look I mean I can tell you I mean I've been on some programs of some conservative guests who are a little more libertarian leaning I mean I've debated folks who are free traders absolutes free traders when it comes to China for instance I mean I think I think that's it I agree I think that's absolutely crazy but what about free traders when it comes to Britain so look I mean generally speaking I am deeply skeptical of multilateral trade agreements I mean I mean the UK is one of our most indispensable allies and we should be looking in all likelihood to shore up bilateral trade relations with them when it makes sense on kind of a good by good item by item industry by street basis and who determines that this is what I want to dig down
Trivia With Budds
"ricardo" Discussed on Trivia With Budds
"What it be and welcome to another episode of the trivia with buds podcast, I'm your host Ryan buds. Thanks for checking out the show and thanks for celebrating my friend Ricardo, who is 50 happy birthday Ricardo. Here's a message from Sarah. Sarah said, we thought this was the perfect gift to celebrate half a century of knowledge. These topics are hand picked for you so it'll be pretty embarrassing if you get anything other than a perfect score. Hope you're ready. Matter babies for life. That is from Sarah to Ricardo, happy birthday, Ricardo. Thanks for being born. We're gonna have a bunch of fun with topics you love Ricardo in just a second. But before we get to your quiz, let's do a little warm up here with some geek out challenges. Name 6 actors who have starred in over ten films each, name 6 actors who have started over ten films. Name 6 commercial jingles. Name two famous columnists. Name four record labels and for miscellaneous two sportscasters who are former professional athletes. There you have it. We're all warmed up. We're ready to go, and we're gonna dive into some amazing trivia on things, Ricardo loves from Nicholas sparks to the city of New York and so much more. Here we go. All right, it's Ricardo's birthday bash, these questions recommended from Sarah, who loves you, Ricardo. Here we go. Number one, what was the original name of New York City? Number one, what was the original name of New York City?
Awards Chatter
"ricardo" Discussed on Awards Chatter
"Not having bumps along the way with the spell? I think that's a challenge. I also bucking that, I mean, today the world is a different world than it was in the 50s, of course. The whole social media and the instance of the instant moment of everything being recorded and put it out there immediately on the echo of that. It's a different life world that it was in the 50s. But again, to be able to maintain that combination of private and public, it must be very hard. And I think that was one of the reasons why the marriage, I'm saying the main reason, but one of the reasons that the marriage had some problems, because it's human. It's a lot. It's a lot. For so many years, with the public eye on top of them. I mean, it may not be for sure. So the movie comes out and drops on Amazon where you can watch it if you choose. But extremely well received for the entire group of it's really the central four Quartet of unicole J. K. Simmons and Nina arianda. And then Oscar nominations morning, you've been through this. But let's talk about the difference this time. You are nominated for best actor in the same year that your wife is nominated for best actress. Spectacular. I said, darling, we're going to watch the nominations live now. She never watched life. The opposite of me, I watched my life. No, because we know and we knew that it was going to be very, very, very difficult. They will happen. But if happens, I want to see it. Yeah. So he took me a while to convince her. We finally did. We put a TV on. It was a small sulfur. We get together. And the first name is mining. Yes. The first was most international feature for the good boss. Didn't happen. That was a down. Then it was Javier Bardem, the first name which I knew he was going to be the first one because of the B yes. I heard I was like, wow, okay. And she was like jumping. I said, no, no, no, no, no, wait, wait, wait, wait, wait. Wait. This doesn't make any sense if you're not in. And then it hurts come is Justin Coleman, and she says, too many seats. And she said that. Penélope Cruz. And that was a moment. Where I jumped. On hunter. I don't know how to translate that, but it's like, no, yes, now yes. Now, yes, we celebrate now and make now it's something to sort of read. And she was absolutely taken by and we both were taken by it. And it's a miracle. It's such a great thing. It's a gift. I don't know how to say that. It's everything. It's everything in the sense that mostly I'm so happy I'm humbly dude for being there. But in her case, it's a rug Spanish. And that's a big thing. It's her second time in Spanish. It's a big thing. And it will be very happy if she wins. I know I have a hard divided, of course, as you can imagine. But she's my wife. That's right. I adore her. And I think because that alone because of the Spanish thing, it's very important. And she's amazing in the movie. As Nicole and Jesse can, Olivia and Kristen. But it made me very happy to really, it makes us very happy to share this. It's very special. So thank God I convinced her to see it. I recorded it. I have a video. You have it here. That's so cool. Well, very well deserved. It so exciting. We wish you guys the best of luck on March 27th and thank you again for coming to Boulder to do this. Thank you so much. Thank you. Can I say, can I say something? Because the podcast, you can finish the podcast here, no? There is a lot of people here that you were doing a line, I was capable of asking you to make some questions. Oh yeah, yeah. I mean, are you okay with that? Okay. Good. So if you raise your head, this is so nice. Let's start right here. I'm going to just repeat the question so that everybody can hear it. Her son is a director. A student and a student to become a director. And she likes the way that you have spoken about the role of directors in your life. What would you say the most important advice for an aspiring director is? I had the chance to work with amazing directors. I'm there all good people. I mean, it's about the humanity. It's about the good person behind the role that we play on a set. The energy of a director is the energy that rules the set. So the technical stuff he will get there is about being aware that his relationship with the crew is going to really create the atmosphere that's going to rule the shoot. And that is way more than important at the framing, I think. Because it's from there, where the love, the passion, and the trust for the actors are born are born from being from feeling safe and protected. Because we are very vulnerable. I mean, it's not that we are special what the fuck we are. But when you are playing certain scenes or something wrong, like when I was doing the ages of Lulu with the net thing, you are in a vulnerable place. And things too big as Luna, he made me feel, don't worry. He made me feel like he was doing it just for him. There was a camera rolling, but he made me feel like, don't worry. I'm here for you. That's the most important thing I would say to him. Let's go to our next question. The question would be, you know, kind of what you think the future of Spanish language films are in the U.S.. I will just add a quick note to that that we are in a moment where the most watched show ever on Netflix is now the Korean language Squid Game. So it does seem and we're coming off two years ago, parasite, a Korean language film, one of the best picture Oscar, seems like subtitles are less scary for people than they used to be. Yeah, it's true. I don't know. I don't know how to answer that. I wish it would be more. But I think that it's, as you said, Scott, the audience is less scared to read subtitles. And I think we should thank the platforms for that. Because they are more willing to see international feature with the committee with the commodity of their houses and pull the subtitles and without the anxious with the anxiety of being on a screen and fearing out if they're going to lose anything. I think the Oscar branch is more international and is welcoming more the international work. And let's not forget Hollywood itself is very international. I mean, you got to do and there is people from everywhere. I don't know how many Americans they were. But that's the greatest thing about Hollywood. You really brings a lot of time from all around.
Awards Chatter
"ricardo" Discussed on Awards Chatter
"Was did you grow up with I love Lucy in Spain? Not really. I love Lucy wasn't as popular as his as he was here. But once I heard about that project, I knew who Lucille Ball was kind of, I want to dig in. I want to investigate and I saw him. I saw both of them. I started to see the episodes, and I was mildly loved with them. I'm like, wow, what a couple. What they meant, what they create. I mean, the revolutionary revolutionary they were in many aspects. So it was kind of obsessed. And I kind of felt, oh no, linked to his energy. I could relate to that energy. And I wanted to play that energy because it's something I haven't played very often, even only if I've ever played. So I chased it. And it took a good four or 5 years. Wow. Now, once Sorkin became involved as the writer and the director, he's always said he likes to work. He says he's like a dog. They actually like being kind of, they're comforted by confinement sometimes in a crate or whatever. And for him, that means with Steve Jobs, it's going to be three the structure is three presentations of Apple products or in this case, it's going to be the making over the course of a week of one specific episode of I love Lucy while all these other things are going on in their lives. So this was based on a real episode called Fred and Ethel fight. And I guess was that sort of the north star for you and Nicole Kidman who plays Lucy and everybody in terms of how do you how do you prep to play this guy? I guess specifically focused on that episode. Yes, absolutely. And that was the episode that will trigger our approach to, in this case, we can Ricardo. But our told us from the first moment ago, I don't want any impersonation. I won real people because of this story that I am more interested in telling. But of course, we are actors. And I know JK and everybody was trying to approach those characters as much as we could. Without losing the line, the guideline that the script has and we thought getting into a kind of a mimic imitation because that won't make any favor to anyone. So it was challenging in the sense that it took me to me a lot of work to get there. And at the same time, the good thing is that in a funny way, I wasn't aware of how much of an icon he was until I finished the movie. That is good. Otherwise, I would have said no. Panicking. And in addition to being an actor and a executive because desilu productions, of course, was the thing. He was also, of course, a singer and a band leader, which meant Javier Bardem, who I believe is not a singer or a band leader, had some work to do. Yeah, and you should see their face of the person who was teaching me. Singing. Her name is Fiona MacDonald. She's great. She's from Scotland, by lives in London. And it was everything was through Zoom. So let's start from the beginning. She was so cool. Yeah. We have some work to do. You're bad. And we did. We spent hours and hours and hours. And then there's a moment where the voice comes out. And you go like, wow. Yeah. And it felt so good. And it's a muscle. It's a muscle. If you, everybody can really sing. You have to train. You have to train. Look at McDonald's. No. No, no, no, no, you don't want that. Now, setting aside all of that, just from the acting standpoint, is there anything harder than playing someone who's playing someone? It was fun to play the in the case of desi, he was kind of similar. It was more different with Lucille Ball and Lucy Ricardo. The voice beats and everything that she called, that's so beautifully. This is what's kind of the same person, a little bit more high on the high pitch when he was in front of people because it's normal is what you do when there's a theater full of people. But he was not energy. And that's where I like. He won't change. He was done man and he was going with that energy all over the place, meaning he won, give up in front of anybody, not even Morris. Yes. Like in the movie, we see. Fuck with the killing. It's a great line. And working with Alan stark and I have to say it's a dream come true for any actor. To have those words to have those scenes to have those characters, the first time I read the script, I have to stand up and shake the body because I was so nervous I was so much wanting to say those lines and I had my first zoom. He was not convinced that I would do the role. There were looking for all the actors. And I always say, listen, I don't know if it's gonna happen or not, but thank you for allowing me to read your script because that alone is an amazing experience for an actor. Now I absolutely everyone recognizes he is one of the greatest writers ever. But he also, it's not easy to act in one of his movies because he likes to shoot fast, and he wants you to stick to his dialog. There's no improvising at all. And they're very verbose characters, not in a bad way, but there's a lot of material. You guys had 38 days to do this during the pandemic. What's it like having to learn and deliver Aaron Sorkin dialog? Well, you have to for sure to learn those lines and you should, because there are so there's a lot of work behind those lines. There's a lot of intelligence and sense of drama. I mean, he knows what he does. And of course, you have to stick to those words. Again, I'm the foreigner. Playing it for her. So I have that bullet also. And he was super respectful and nice and I was very into it. Yeah, yeah. But the rest of the cast because I was the one who was like, can I have another one? Yes. And I will change one work here when we're there because I said, I don't think my country would say that word because I don't think he was so good in English. So it was the man who changed our story. They don't need any change. They are beautiful. They are perfect. And it's true. He likes to shoot fast. He doesn't want to take to take the most. And basically what he does is the whole scene. So he's very much like theater. But it's great to have that as well because it makes you build it makes you be alert. It may just be a worry. It makes you be really playing with the other one. So we've talked about the fact that going back 30 years, you have worked numerous times with Penelope before and before and since she's been your wife. Here is a character who every day for years is going to work with his wife and they have very high highs, very low lows. Take me into that aspect as you're approaching these characters, is that something you could even fathom doing with your and.
Awards Chatter
"ricardo" Discussed on Awards Chatter
"You have said that shoot was probably the most grueling of all. Well, I think it's a genius in FedEx and it's by far one of the best actors that entered that I have the chance to work with. And I will always have the chance to work with. The movie was demanding for everyone. It was also his first story with one character alone. He was always right in this three parallel stories happening at the same time. This was the first one where one thing will happen to one person alone. And that was a lot of weight, dramatic weight for an actor to hold onto. And it's a movie that took us a good 5, 6 months to shoot. And to be such a long time, that state of mind or emotional state, it's draining. But we all knew that it was a hard mountain to climb, but if we ever get there, it will be worth to do it. And I think the movie is beautiful. It's a beautiful piece. And it's a beautiful love letter for international love to the kids. The children and also the empathy for the foreigner. I need to know that I'm very proud of. That's great. Now, one of the cool things about becoming a bigger star around the world, I'm sure there are the downsides of being not being able to have a dinner without getting interrupted or whatever. But one of the cooler things is probably that for a guy who grew up like so many others watching James Bond movies, you get to be a Bond villain. Raoul Silva in the movie Skyfall for Sam Mendes. Now the thing that people may not realize is that you had actually had that opportunity, many years earlier, 13 years earlier, when Pierce Brosnan was still bought in the movie, the world is not enough, but you turned it down. Why know the first time, but yes, the second time. The first time it goes again, it was kind of bigger than I could have achieved. The English language and also playing something that I was not capable of doing with kind of a layer into it. It was very one piece kind of a row. When some men just call me and said, what about this? He told me about the idea of this character that his ultimate goal is to really make James Bond uncomfortable, no matter what. I mean, that's funny. Yeah. What can we do that hasn't been done already? And the physicality, the sexuality. The thing where you can not frame what it is, but it makes him lose a little bit of step. And we had so much fun doing it. And it's by far one of the most rich experiences personally and professionally that I've ever been. And one of the creepiest Bond villains ever. This guy is literally rotting metaphorically from the inside out because of what had he taken? He had a Sinai and survived and survived. He was burned in the insights, yes. Amazing. But I have to say that there was this scene where I was in a crystal sale and Julian comes and action and I lost the lines. And so what's going on? Well, I just realized that in a fucking James Bond movie. Yeah. I mean, it's so cool. James Bond is looking at me. And it's coming here. Let me take it. There were laughing. And then, okay, action. And she comes in and then there's a ringtone on the cell phone that goes. Silence, and it was Julian. Ringtone. What the hell is this? So it took us a while to get serious in that scene. Yeah. Well, there are so many other roles that we could talk about, but I'm going to bring us to the crazy 2021 that you had for which you've been honored tonight here at the bowler film festival with the performer of the year award. And it's totally makes sense because how many people, let's just give the overview before we go into each of these. First one is a movie called the good boss, which was Spain's Oscar submission. You're playing a factory owner who meddles in the lives of his employees. That's one. Number two, you are still the leader of one of the tribes in Denis Villeneuve's movie dune, which is nominated for the best picture Oscar. And number three both Desi Arnaz and Ricky Ricardo, who he's playing, two characters in Aaron Sorkin's being the Ricardo's for which you are nominated for the best actor Oscar. All in one year, three movies, there's not too many people who had a year like that. Let's start with the good boss because it has always been a thing with you. All right, I'm quote unquote, going Hollywood, and I'm done with Spain. You are always back and forth. Yeah, yeah, absolutely. That's where I live. I live all the time there. I live there, and I pay my taxes there. That's where I grew up, and I belong to. But I've been very blessed and lucky to be able to work outside of Spain. And the good boss, it was the first movie. I think it was the first Spanish movie to ever being shot in the pandemic area. So we were very scared. In Madrid, but for naval writer and the lecture, good friend of mine, I love this story. It's a dark comedy. That works beautifully in everywhere. Not only in Spain. And we were so in love with the story that we wanted to do it. And it was kind of challenging because my character is a man who really invades other people's personal space. So you have to touch, you have to hug, you have the case. And I was like, we were all like paralyzed. And it took me a while to lose the body and to give myself permission to do so. And then right after that, I went to finish Little Mermaid. Should we remember? Because mermaid was canceled in 20 for the pandemic. So I want to do king Triton. And while I was doing Triton, they told me they gave me the role of desi. And again, they told me you have a month and a half. Always a month and a half. I don't know what happened with that. Well, before we even go to that though, so dune had been the first of all. In 19. Okay, so. But he was the release was in 21 because of the pandemic, of course. Now, dune, I'm trying to think, I guess, maybe Skyfall would be the one, but has there ever been a movie that was larger scale production that you've been a part of? No, doing was there second one for sure. But the good thing is like, in both cases, some members underneath are such a great they have such a great artistry. They love what they do. And the image you feel, they make you feel like you are in a very small independent movie. Because of their passion, the way they hold the camera and they explain to you things and they are so excited about showing you the work. There are so involved in really making you feel comfortable and part of the team that you don't see the monster behind. And that makes you at least to me made you feel more comfortable and more relaxed. So being the ricardos, you were pursuing this part before Aaron Sorkin or anyone else who ended up involved with it was involved. What was the root of your interest in him.
Cinemavino
"ricardo" Discussed on Cinemavino
"They make her into a little kid, sometimes. She's like, I'm the only one in this room trying to make Lucy smart. Yeah. And it's like, you know, where she does in the and throws a fit like a little kid. You know, but it's like, you know, Lucy, it's like that's something you have to as Lucy swallow it, where it's like, well, it gets laughs. And I guess as a comedian, sometimes you just have to surrender to what's funny. Love it or hate it. It's like the bickering about the scene where Ricky comes in to surprise her and throw that all these fake names. It's like logically, it doesn't make any sense, but it gets the laugh, so. Yeah, she's like, you're telling me that we are saying that desi genuinely believes that Lucy thinks that there are all these men coming in and out of the apartment. Yeah. And they're just like, this is pension disbelief. Just go with it. Yeah. No, I'm telling you that does not make sense. But they ended up going with that cut. Yeah. Tony Hale was great. He was. Well, and it was, I think, is this the first reunion of Tony Hale with Alicia? First, I mean, since the restaurants. That's weird to see them like growing up. Yeah. That's just crazy. Yeah. And maybe a few K and then she was great too. She was really good, yeah. Yeah. I love her as an actress. I've seen her in a lot of other things. It's like her like her character and Lucy really Bond about the fact that they're women and a sexist time and they're the smartest people in the room, even though their ideas sometimes have trouble finding lie today. Which is interesting. The storyline of desi that runs through this is that he is cheating. He's saying that he's not. It was put out into a publication that had an old picture, showed him, had a story about how he was up all night with somebody else, blah blah blah. So that's the story that kind of runs through this, but there's also the story of their production working together and how he was a producer, he was in credit as a producer..
Cinemavino
"ricardo" Discussed on Cinemavino
"I mean, even though this couple was married, happily married. Kids are going to ask questions. It's like they're going to picture Ricky and Lucy doing it, you know? It's like, well, how the hell else do people think, babe, am I bringing this point up in the movie? I was like, where did you think babies are coming from? Yeah. But and I don't think they mentioned it in the movie, but it was like they ultimately Lucy was allowed to be pregnant. But they were not allowed to use the word pregnant. They say, with child, expecting. Okay. She's not pregnant. She's expecting, which they made jokes out of desi. He couldn't say that, so you just said spectrum. So I also like that they really shine a guy on the writing room and the intersection of the writing room with the actors and with the production. And with those sponsors and executives and on and on. And obviously and Lucy's instincts were right because of the birth of Ricky junior on I love Lucy was it was one of those moments where everybody was watching it, like it was nationwide. One of the most watched TV episodes of the 50s was when Ricky junior was born. And if they really depict that, but it's like, it shows you how to write they were and how in tune they were with what the public wanted. Yeah, and it seemed like Sorkin did a really good job of writing just enough of their history to kind of bring you up to speed. But not so much that it's a story of everything coming up to it. They really focused on this one week of production and then everything after that they just they only gave one epilogue note and I thought that was really cool. So the week of, I loved seeing and I don't know how accurate it is. I mean, this is they didn't even get those weren't even the real people that were interviewing. Those were actors portraying the people that they were pretending to be. Yeah. And I just thought it was so cool to see what the production process was like. They did the table read on Monday, and then there's just writing and tweaking and writing and tweaking. And there's still how it is. Yeah. Well, and seeing Lucille Ball's involvement with it, seeing how she would be in the writer's room, she would think, that doesn't make sense for my character. She was obviously very controlling of what makes sense for Lucy. Her instincts were the next level. Because it was like, you know, they're talking about the grape scene, which is maybe the most iconic scene that I love Lucy. Yeah. And it's, you know, she hears it and knows that when they're pitching it, it's not quite right..
Cinemavino
"ricardo" Discussed on Cinemavino
"She was a unique individual. She really was. Both in mannerisms and Javier Bardem was by no means a shoe in for a Desi Arnaz. No. But again, he had that sort of free wheeling charisma that Desi Arnaz had. I mean, he was like this outsized personality. I thought Javier Bardem did a really good job of that. I don't know that I necessarily always think of Javier by him as like a big outside personality. I usually think of him as more reserved kind of quiet and deep river slow rivers run deep kind of guy, but as your announce was very much like a big flirtatious loud. Very outgoing into it. Yeah. Very outspoken. He's a performer. He's a musician. Bandleader even. Yeah, I don't see that with Harvey everybody, but he played it really well. Yeah. It's like desi wasn't out with the band leader. It's like you were literally like the personality of the band. In front of him, but it's basically you're the liaison with the crowd. And so you kind of have to embody the spirit of the music. And so, you know, I thought that how you did a good job of embodying Ricky in that sense. Yeah, and he played guitar really well. He played the drums really well. I think his physical performance and musical performance was really spot on for that character. Both of them. Yeah. I thought it was a little weird because I grew up watching I love Lucy and like Nick and knight. And it was on reruns during the day. It was one of those shows I found occasionally. It was like one of those classic Andy Griffith kind of things where it's like I went through a spell of watch and Twilight Zone. Yeah, it was like it was on TV Land all the time, and it was on deck at night. Yeah. And it was probably the first landmark sitcom to come about. Yeah. I definitely remember watching I love Lucy and happy days. Yeah. Which happy days is the homage to that time period. You know, it's the 70s look back at the 50s by the 70s the 50s were already nostalgia. Which is crazy to think about. Yeah. And so those were the days that they must have been. But yeah, it was like I love Lucy was the first big milestone in sitcom. And Lucille Ball, you could argue it was the first true icon of TV. And Desi Arnaz two, but definitely Lucy. Well, and they were talking about some of the numbers. At the very beginning, they're talking about the size and the scale of how big I love Lucy was in the American household and what they're saying at one point you think of like the Super Bowl. You think of things that hit like number one like can't like the finales of certain shows and it's like 10 million. 15 million. It's crazy number of people watching it and they're like, I love Lucy got like 60 million people watching at the same time. Regularly. Granted, there were like four channels back then. But it was true that this was the landmark show for television where when you see in the movie CBS approaches, Lucille Ball, she's kind of like television. I'm on radio. Yeah. Yeah, which was still the big deal at the time. You know, post World War II. TV was very much a burgeoning thing. But it's like that's an interesting thing that's an undercurrent of this movie is how technology and the modern era of the Internet and all 24 hour TV is kind of diluted fame..
Cinemavino
"ricardo" Discussed on Cinemavino
"The red scare. Yeah. The McCarthy sort of inquisition witch hunt kind of a thing which infected all over Hollywood. Yeah, it was mostly precipitated in Hollywood where they thought people were trying to be overly influential about communist politics and commies. And it was exactly the way they depicted in this movie where it's like if somebody had checked a box 20 years ago, 25 years ago or somebody's spouse went to a meeting one time, they were suspect as paranoia at its peak. And so Lucille Ball America's sweetheart wasn't immune to that. But obviously the movie gets into it more, but with Desi Arnaz being a Cuban expat and this being passed the Cuban revolution and everything. He was someone who has seen as an all American and he was not communist sympathizer at all. I think that played a big part in it as well. Yeah. Yeah, he definitely wanted to be seen as a gun who American. Fought for the Americans in World War II, yada yada. He wanted to make clear that he was very much an American citizen. And I think publicly was thought of that. I mean, obviously, he's an accent, I'm mistaken. But Lucy and Ricky were kind of the all American couple. Well, and I don't know how much of that happened as a result of the show versus how much of that was because obviously he was famous prior to the show. Yeah. But we get to see in this movie that personality evolve and kind of see their stardom of as power couple sort. And you also kind of get to see the beginning of their end. It's like you get to see both you get to see the beginning of them becoming a power couple, but you also see how that power is going to come to an end eventually. It's like they kind of can't get out of their own way. Lucy a ball is played by Nicole Kidman. And who was not the original casting for this? I think it was Jessica Chastain. I've heard Jessica Chastain of her Debra messing from Will & Grace was also on the list of people. Yep. I heard that too. And there were some controversy about that that they didn't feel the cold can looked exactly right for Lucille Ball. But no one's going to be a one for one. No. But I thought they did a really good job of really just keeping our hair in the Lucille Ball. Tight, coif. I don't know if you want to call it a coif, but I thought it was koi fish. Yeah. And she had that. I think it's koi fish. Koi fish is what you have in a pond. And crawfish is what you have in Louisiana. Although sometimes it's referred to as crayfish, I'm told. Also crawdads. And here in Oakland, let's talk about crowd ads. We need like a 5 minute aside about getting crawdads out of creeks. You mean crayfish? Got a crick? Oh yeah, being the Ricardo. You know, I did not think that Nicole kid necessarily had a strong resemblance to Lucille Ball, but did a very good job of this one..
Cinemavino
"ricardo" Discussed on Cinemavino
"And welcome back to another cinema, Sean Jordan's here with me. And we're going to continue our look at the Oscar and Golden Globe Award season. With looking at being a Ricardo's, which is a claim director, writer director Aaron Sorkin's latest film. He hasn't directed a lot, right? He mostly writes. He is very much a writer. He's gotten in the directing lately. In the last few years, as a writer, he did the west wing sport tonight. Studio 60 in the sunset strip, we're telling lass that I believe two seasons. Yeah, I think that's what surprised me because I'm used to him being like a writer, and he's really well known writer. Yeah, he directed this, which I thought he did a really job. Yeah. And then he wrote the newsroom. But also film wise, social network, Moneyball. We spent I just went like he's done quite a few films. Which seems like he does a lot of good people, stories. Yeah. Not necessarily all biopics. Like Moneyball is a biopic. This is a biopic. I'm actually just watched part of Steve Jobs that are jobs of the movie that he did with the fast vendor, which I thought was really good. Seth Rogen was excellent as Wozniak and that I don't think he was nominated for an Oscar and he probably should have been. Seth Rogen? Yeah. Yeah, he was that good in that. I haven't seen him. Yeah. I have. It's been a long time. One thing I'm learning more and more watching his movies is you would have thought I would have picked this up. I've seen a west wing. And I've seen all those TV stuff, but it's like, he's one of those writers, you could love him, or you'd get kind of turned off by him. Very, very distinct. It's like, in movies, they have the theory of the auteur, which says that the director puts his personality on something indelibly. Sorkin is the writing equivalent of that. His personality is all over everything it writes. You can't miss it. Well, I think with him directing that really doubles down because then he's not just putting the words on the paper that is his personality. He's also directing his personality into the movie. Total control. It's the Orson Welles. I mean, we talked about this. This movie did not get great reviews. No, I think it's like a 6.6 on IMDb. Something like that, which seems low low to me. Yeah. I would say that the movie just to get a little background on it explores basically the narrative jumps around it explores basically a week in the life of Lucille Ball, Desi Arnaz, during the peak of I love Lucy. Specifically, the week where Lucy was brought up in the tabloids, well, desi and Lucy were both brought up in the tabloids for their relationship and also for Lucy potentially being a communist. Yeah. It's like this is also the peak of the hueck..
Mark Levin
Biden's $3.5T Reconciliation Bill Provides Handouts to Illegal Immigrants
"And our Friends at excuse me at the free Beacon Joseph Simpson Democrats talk multi-billion dollar handout to illegal immigrants into the reconciliation done And we know they've put tens of billions of dollars in there for left wing groups The 3.5 trillion reconciliation bill include extends the child tax credit to anyone in the United States Who provides an individual taxpayer identification number Overturning a crucial safeguard against fraud federal law Ricardo valid social security numbers The only American citizens get that To receive the cash transfer from the federal government the potential payoff for illegal immigrants who have an individual taxpayer identification number if you can believe that Is massive with each family receiving a monthly payment of 250 to $300 per child This has been snuck into the Bill This is what I'm talking about We've got to look at the substance too A survey from Pew Research Center found that roughly 675,000 children are not eligible for social security number making the tax credit expansion for illegal aliens cost between two and two and a half $1 billion a year Other estimates put the total number of illegal children residing in the United States and more than 800,000 So families regardless of their legal status with the eligible to receive checks of $3600 per year per child Including illegal aliens
The Autosport Podcast
Italian Grand Prix: Max Verstappen on Pole After Valtteri Bottas Wins Sprint
"Vouch. we bought one one seconds qualifying at the twenty two nd. Two italian gregory beating max staffan with lewis hamilton fifth after making a poor start from among side us down robotic finished third mclaren ahead of his teammate landowners who kept hamilton at bay for the duration of the race which was disrupted by a fast lap crash for twenty months of winter. Pa ouseley ghazi. Briefy fit the mccaren of down. Your ricardo damaged his front wing as a result which went underneath his front wheels causing him to shoot off into the gravel. The crash about the safety car and ask as these call was recovered a clash between iki snow to number but cubits so usa came about the race restarted on that four of eighteen with batas romping to one point six second lead over verstappen with hamilton chasing. The two mclarens both tie as fast as the mediums of the cheerleaders. On the second mercedes recorded came home fourteen point five seconds behind the winner with norris keeping hamilton behind him who at times was even sliding around dramatically shall lead time. His ferrari teammate call assigned in sixth and seventh the former recovering from feeding on while at the end of f. b. two scientists ferrari had been rebuilt off his heavy f. b. to crash came highway started ahead of antonucci of nazi. The affirmation drive ahead of the charging such a paris to finish with the red bull. Dr having to make a couple of attempts to pause after martin's launch drove for that position.
ESPN FC
"ricardo" Discussed on ESPN FC
"Is not good enough so yeah they might finish i but it won't mean a thing. They've only finished verse. What wants since two thousand. And that was to eighteen with juan carlos. Odio sorta honesty sub. They'll finish first because they've got more players in their prime. They've got more players. Were not only in their prime but our better players than the field right now today. They're a better team. They're better coached. There are fewer holes. There are less questions being asked him on the sporting side. Then the field. I think if you go through the us. Canada jamaica panama. You're gonna find lots of holes. Lots of questions being asked not so many on the mexicans. But i agree with now i mean. What does it matter if you go in first. Because we've seen him going. I same outcome. We've seen him get a playoff game against new zealand. Go in two thousand fourteen same outcome. Yeah yeah maybe the better question is what now will they finish. I will they go incoming on though well they do it with a game or two games. I i think they will. I think when you go seven out of nine without that many players and two of the three being on the road. I think it's not six eight teams. Okay fair enough fair enough. Still mexico's sitting pretty after the first three matches. I'm sure we gotta let you go. Good luck the rest of the week on our numata. I always feel sorry that you've got to work with this guy not not twice a week five days. A week modi's legend. Yeah well i gotta make the big bucks. So he also meals very goes motorshow..
The Autosport Podcast
Dutch GP Qualifying Report
"Stop taking pole position at the dutch grand prix it to the absolute delight of the sea of oranges the grandstands the red bull driver was until form throughout the day showing absolutely blistering pace and he did not let up. When it came to qualifying he will start alongside title rival hamilton. He came close just under four hundreds of max but he couldn't quite take that pole position. Teammate voucher brought us will be starting p. Three tomorrow ahead of goslett who was on fantastic form once again and secured a p four start. Charlotte cloud will lead an ferrari. Thaad right after pipping teammate. By just one hundredth of a second a strong performance from ferrari especially from the team humanity repack hall assigns call after a big shunt in f. p. Three antonucci of nazi was a standout performer of qualifying securing a piece. Seven any six hundred behind la. Mp five after solid showing from the affirmation driver throughout today's session. Meanwhile there was no can be rocketing on track today. Often news break this morning that he tested positive for cave in nineteen as a result wrote cubit place winding up p eighteen equally. The app came in p. a. m. p. nine with daniel ricardo rounding out the top ten on while the was several standup performances. Today that will also some shocks notably the elimination of sergio perez and sebastian vessel in q. One traffic caused issues for both drivers with such a missing the kochav seven hundreds behind sonoda on winding up sixteen. Sebastian vessel found himself stuck behind the house. 'cause of nikki to massive pain and makes you mce forcing best to abort his flying lap. The hospital was summoned to the stuarts. But knife i've action was taken off the stewards deemed. It was not unnecessary. Impeding with vessel reportedly also explaining to the students that were just too many calls in one place. We had to red flags in the session. Both as a result of incidents involving the williams drivers fastly in q. To george russell suffered from snack of either. Stay on the entry into the final corner ending up in the barrios. The red flag was bored out but he was able to get the car back to the pits but with sadly unable to rejoin the session. So ended up eleven.
The Autosport Podcast
Belgian Grand Prix: George Russell Takes Second as Max Verstappen on Pole
"Tricky wet qualifying session has ended with max per stop and taking pole. Position ahead of the williams of george russell. Yes you have that right. George russell restarting on the front ray. Tomorrow after an incredible lap the even saw him on provisional pole for a moment on the second very we have lewis hamilton alongside daniel carter who will stop p three and p four respectively but it was the other mclaren that looks set for a strong result today after landed norris top the times in both key. One and q two but then suffered a nasty sean orig- at the beginning of key three thankfully landau is okay but it did bring an abrupt end to a qualifying session. That was looking very very promising for the brit. The changing nature of the weather today prove challenging from the get go with q. One delayed by twelve minutes due to rain and one things did gown to away. The williams drivers led the pack out as the only two drivers running intermediates. Despite a spin by latifi the williams pair proved that the end is why the tie is to have on the rest of the pack switch from full wets off to every drive had completed at least one run several drivers including ricardo alonso and hungarian grand prix winner on while under pressure. At the end of key one ultimately cheer for nazi and sonoda were knocked out in sixteenth and seventeenth respectively while mixture marketic. Eighteenth for house. Kimmy reichen did produce his best right at the end of q. One but that was only good enough for nineteen and ahead of nikita as a pin at the railroad. The filled
Daily Pop
Kim & Kanye Recreate Wedding During Concert
"You would often. I really love kim's wedding draft as second wedding went down at as donde listening party last night now during the final song of cayenne was greeted by kim in a wedding dress chadha veil covering her face and at the time fans weren't sure if it was actually her but e. news can confirm. It was kim and that belonged siaga gown. Now this for a loop. It did not throw me. You think they're getting back together. I think they've ever separated in the way that we thought that they've separated. I feel like. I've said this a million times this week or maybe on another show. I can't even remember. But i just don't feel i feel like kim and kanye our souls that are going to be linked for the rest of their lives whether they're in a traditional romantic relationship. I feel like they have that gemini libra bond and i. I don't think there's there's no one else for konya and there's gonna be no one else for him. It's really hard to replace those two people in your life. I mean there have such magnitude. I just i don't see it. I don't see it just dissolving into nothing. And this i mean they are. I mean. They know how to get attention. They know how to get press. I mean everyone sick. I saw the he was with a model. Yeah so she whatever arena shake producers. But the thing is that we saw them. We saw photos of them sixteen feet. Apart in france like that could've been a very deficit. nothing about their dynamic between the two of them that we've actually physically seen has been romantic or at all sexual. I dunno if i get no private jet with the mansa france. I'm definitely gonna showing my ugly. But i feel like they're in that fashion world together. They're both like ricardo tradition. No i'm definitely if i'm not listening would say something that was going on. I think would kim chi or doing here is konya. Did him the favor through audible. When kardashians i started he would come on the show he would make an appearance. He would show his love for her. Now she's doing the same thing. She's returning the favor years later. This is kinda sorta like christina hack. Entire mussa can't stand in a room with each other but what they understand. Is the branding and the bigger
AI in Business
How to Make Enterprise AI Projects More Predictable
"So pinocchio i know. Our overall theme for today is going to be around How to make. Ai related projects a little bit more predictable a bit more like engineering projects software development by itself all already has high risk for projects in terms of estimating timelines etc. Why is that even so much higher when it comes to a head you like to think about that. This is a complicated topic especially because deers to software purchasing a sense. So it's inherits all of those issues but even on top of those. We might have racial there in. There are not only for the komo's it's harder for Projects but there are some that are special to it so it's just a little softer projects with a bit more. We'll calls a bit more troubles. Yeah i like the term inherit. They inherit the problems have normal software development but also have their own their own things. What are those. What are the ingredients here of these new unique layers of complexity. Yeah so let's talk about a few of the common wants so let's say that you for trying to find out a very good software developer and market that that's hard but we have much more softer developers out there. Then we have like data scientists just because of that is already much easier to find a suffer developer. Dan data scientists so saint problems but harder for a project for infrastructure. For instance you might have your cic deep applies you might have a task everything else in place for software but then you have the machine learned models that you have to have the same stuff when we talk about so again same problem but with a plus and then there's a lot of other things related to business goals technical goals and metrics so hard to to do it own on software generally so seventy percent of the software products might fail and i don't have a very good number i it. It feels bigger. One of the reasons in this common area is that we might have does misconception. That is a magical blackbox.
The Autosport Podcast
Austrian GP Qualifying Report
"Qualifying the australian grand prix gave us a show. Ending with max. Stop with yet another pole position and starting alongside him on the front very smart will be none other than landowners. Who had a fantastic session today. Sergio perez loaded into with the mercedes drivers training in fourth and fifth after they were unable to improve in that final key. Three laps as was the case. In last weekend's grand prix the sap inset poll on his first run in the final part of qualifying norris had been second off the opening runs and held onto take his best career. Qualifying spot peres jumped to third with his final lap which bumped hamilton brought us down as neither driver went faster on my second attempt in q. Three they were followed by the alpha. Towery papier as and yuki sonoda with sebastian vessel. Taking eight but he now faces a post qualifying investigation for appearing to impede fernando alonzo at the end of q. To george russell to ca- sensational ninth for williams in his fescue three appearance for the team. Which a call through to the final part of qualifying for the fast time. Since the twenty eighteen italian grand prix russell had anyone attempting kitri but managed to beat launched. Show to ninth place. An impressively managed to qualify on the medium compounds. The ferrari stayed on the medium ties throughout q two but with knocked out by russia's final effort call signs lead charlotte in eleventh while daniel ricardo was unable to find enough time on his final run and ended up that team.
The Autosport Podcast
Azerbaijan GP Practice Results as Perez, Verstappen Dominate P1 and P2
"This weekend. Formula one returns tobacco azerbaijan. And a wreck has topped the timesheets. Embrace sessions with max In the one and sergio perez fosters imitate to optimizing back year. The drivers wreath minyard's themselves with the track and clearly trying to determine whether they could push by how much with multiple causes ended up for me escape birds and also a few spins but in max zappin set the fastest time. The one minute forty three point. One four eight of the soft followed by the ferraris of show class and call signs. Daniel ricardo had a good session finishing p five while source spin from his teammate london. Norris but fortunately there was no damage later in the day. Sergio perez the times with one for two point one in f. to attend ahead of his teammate. With staffan by bicol assigns. A red flag was brought out when nicholas the. Tv's call came to a stop to to the engine overheating. i'm not signal at the end of his session. Despite setting solid times throughout the day charlotte took a trip into the barriers at ten fifteen which resulted in him. Losing the front wing and bringing out the safety car an usa interrupting the software runs a face behind him. Offer disappointing weekend in monaco. Things want looking great for mercedes today with lewis hamilton. Even coming on the ray j during the second session of the day saying but he doesn't know what the time is an f. p. one hamilton finish p. seven and voucher us ten whilst. Fb to neither mercedes made into the top ten how much and finishing p eleven a second over pace of such a peres while tasks was down in peace
Here & Now
Community Reels After Nine Killed in San Jose Shooting
"After years of planning. The council had approved just hours before daybreak the expansion of Google's Mecca campus, which is expected to bring with it the kind of economic prosperity The city has an experienced in decades. But that celebration was eclipsed by a mass shooting. Here's California governor Gavin Newsom. There's a numbness. I imagine some of us are feeling about this because there's a sameness to this. Any Where USA Just feels like this happens over and over and over again. Rinse and repeat friends and repeat nine people were killed. The shooter killed himself on scene. San Jose now has the distinction as the 15th city in America to experience a mass shooting this year. Oddity. Bundle A moody lives just a few blocks away from where these shootings happened. A rail yard just outside of downtown San Jose. She's a reporter for KQED. I got the call at 7 30 in the morning that there was a mass shooting. That was happening. I was getting ready to work on for their coverage of the Google deal when I started seeing reports of the shooting that the police have sanctioned off that area And then I headed over there Bond. The moody raced to the news conference is to gather more information. San Jose Mayor Sam Ricardo spoke about the victims, some of whom were transit employees at the Valley Transportation Authority. These are the women and men. Support our community through this pandemic. They showed up for work every day is essential workers despite risk to their own health. They did it because they understood their mission their commitment to public service. We owe them and their families so much, And as the names of the victims were released, people like San
Atlanta's Morning News
Death Toll Rises to 9 in San Jose Rail Yard Shooting
"Toll rises overnight. After a shooting rampage at a rail yard at San Jose, California Governor Wesley's Bill Cayenne chose reporting live remains unclear why the gunman opened fire. Yes, got here's what's new this morning, 1/9 person is dead, and California governor Gavin Newsom is fed up after the latest mass shooting in the U. S. The hell's going on in United States of America? The hell's wrong with us. When are we going to come to grips with this? The latest victim dies in the hospital hours after the shooting rampage. Police say the 57 year old gunman and employees of the rail yard took his own life happen across the street from a sheriff's office. Santa Clara County Sheriff Laurie Smith says deputies immediately went inside the building. They responded. They responded the way that they should. They took their life in their hands. San Jose Mayor Sam Ricardo says a memorial for the nine victims will be held tonight. Our entire community will need this moment and many others to mourn together. The FBI is assisting local authorities with the investigation. President Biden orders Flags to be flown at half staff to honor the victims
The Autosport Podcast
Monaco GP Qualifying Report
"And incredibly close qualifying session in. Monaco comes to an end with charlotte taking pole position and finishing his session in the wall. We knew that we were in for tight battle. After the ferraris top times. Fb to and today. We had a grouping qualifying session. This will seven different teams making indicate. Three charlotte took provisional pole after his fast with a one minute. Ten point three four six around two tenths ahead of max. V sapin without us and call signs behind as the drivers attempts to improve times in the final moments of key. Three shaw made contact with barry at the second part of the swimming pool breaking his front suspension and then ending in the barrio on the exit. The crash brought out the red flags stopping the session and putting a stop to any potential improvements. His closest rival was max and vow chery as a result show held onto the pole position as long as his gearbox does not need replacing which would penalties he was stopped p one tamar alongside max without serie and such a perez lining up on the second row land norris. Npr gasoline by in strong performances in key three managing p five m p six respectively with londonorce zero point two seven four seconds of poll. You may notice. I've not mentioned the current championship lead just yet and that is because it wasn't such a strong day for lewis hamilton who was struggling throughout the session unable to put together quick enough to be in. I shelter poll and instead off to suffering a front left lock up. Interest was three quarters of a second off of showers is time and he was stopped. P. seven tomorrow vegetables stocks. Pa with the second. Red blue sapphire peres p. Nine who run into traffic on his run on the top ten is rounded off tannoudji of nazi insecure. Three for the fast time this season we lost esteban alcon. Donald ricardo launch stroh. Kimera can and george russell in key to on especially disappointing day. Daniel ricardo who have coolest is a race went ahead and absolutely loves driving this track in q. On all of the monarchy's knocked plus robert surprising late financial alonzo. Who will stop p seventy tomorrow. Right behind yuki sonoda nickless. He feet was fortunate enough to have his cover pat in time for qualifying offer his pay three crash and he'll be starting ahead of nikki. Massive pin
The Autosport Podcast
459: Spanish GP Qualifying Report
"Qualifying day in spain. And it's an absolutely incredible one hundred pole position for lewis hamilton. An amazing achievement finance another pole position for mercedes. You have grabbed po at this track. Every essence twenty thirteen newest will be joined on the front row by max stopped with three hundred between them whilst battery blocked us and charlotte lock will be lining up behind on the second bar. We didn't see top three improving on their final runs with how much actually don't want at the exit with an ultimate corn by didn't matter as neither the stop an off as managed to improve that times either charlotte did manage to set personal bests in his final lap with alpine of estevan splitting ferraris. M p five and call signs behind impe six daniel. Ricardo bounced back from last weekend's qualifying finishing seven fastest beating saggio perez. Who spun at tom fatty on his last. Run and ricardo also out qualified teammate. Landau norris who came in p. nine. The top ten was rounded out with finanza alonzo and notable absence from keith rate was gasoline who despite looking quick in key. One was eliminated in q two for the first time in twenty twenty one and he will line up p twelve tamara in-between the aston martins launch. Tro and sebastian vessel antonio g. of nazi came. Mp fourteen ahead of mr saturday. George russell mp fifteen who again managed to make out key one and in doing so we saw. The elimination of yuki sonoda was quite the surprise about quite straighted team radio. Finally we had kimmy ryan. Mp seventeen ahead of schumacher nicholas fiamme nikita miles
Voices Of Courage (Walk The Talk)
"ricardo" Discussed on Voices Of Courage (Walk The Talk)
"You become a landscaping business. Because what the purpose does. It doesn't care about pain or pleasure. It just cares about the purpose. Can i mo can i help. People can help more old people so that they can. You know people that are struggling mowing their lawns and this and that this stop at mowing lawns. You think when your purpose is to help the elderly to be able to function and this. It doesn't stop lawn mowing. There's also shoveling snow. There's also getting the groceries. There's also so now you see what happens with purpose. Keeps on going. This is forever. When are they're ever going to be no old people. It's forever whether ever did that purpose. T to help people exercise at so that you just want to help like regardless one of the best that makes us happy is giving purpose. that's why has to benefit someone else has identified someone else and what that does you don't focus on you. You don't compare yourself to this you don't you. Don't go look man. My podcast only has this many listeners. Who did you touch. did you save a life today. I don't know who's watching. They might have had a really bad day today. Takes one person dude always end. they're watching your thanks brandy. You're going to get these calls messages. Brennan does a great episode. Like i needed that matter. How many followers listeners. Nope because you serve your purpose you help someone right so now you don't compare yourself you don't even look you're now a you're you're still to get on frigging the live so you can help more people like oh man how else can help someone like shit like let me get some. Let me get some more gas. you know what. Let me bring this dude back right so right. So that's what purpose ducks so now. Let's go to the next step. Once you have your purpose that is how you're going to know. Your perspectives are either going to be a threat or Benefit people always say. Let you go to think positive. No this is why that doesn't work. I can have one perspective and think positive or negative about it. But if it's the wrong flicking perspective. It doesn't matter how positive i want to think about it. For example let's say my perspective is the only The only way. I could really be feel. Good is when daddy's proud of me when i can make my dad proud. That's when i'll be somebody. Let's think positive about that. Well didn't happen today. But when i get this job so let me get this but your perspective is this is the only do. That's gonna make me feel good about my life. The only one. There's this one dude. That's your perspective. So do you think thinking positive is going to help. You can think positive as hell well..
Voices Of Courage (Walk The Talk)
"ricardo" Discussed on Voices Of Courage (Walk The Talk)
"Today i have with me. The awesome ricardo's loretta. I think everyone should pay close attention. And listen to. Ricardo has to say here perception. He has done so much to help me already. And that wasn't the intention but to be honest. This is all. I repeat all of our problems when we proceed life or the things that go on in our life or how look at it or we make decisions in is just all about perception. How.
Unofficial Partner Podcast
"ricardo" Discussed on Unofficial Partner Podcast
"We've got the data geeks in and we're not just selling awareness and brand assets. We've got fan data. How does that play in the compensation impressed or do you think am. Let's see relevant to me. No joy it always. It's always important that they're they're making the effort to to understand defense. The balanced between a large sponsor in and bartenders is not very fair because usually the large. They have more information about consumers than the the partners. So when someone comes to me and say hey you should do x. Because our our research says it's great chances. Are i have more information about that. Behavior death country that they have and this is also something that we usually can help the partners because I'll give you a couple of examples. If if i was to sign a contract with a football club in europe today i would look at first. I will look at their international expansion Interest plans compare that with my strength in different parts of the world and then come to them with the idea of now. If you work with me. I can help you to achieve that. So that's different beach of from i have x. Thousand dollars to two and a lot of the the better rightsholders the better Clubs they understand this so nice. You want to develop. You're busy china and your partner has a great food. britain china. Chances are they can help you. So i'm have always pushed for partners to look at the company's Sponsors not only as a as a bank only because that's stats short side. You you have to. You have to look at sponsors in a more no-one creative way because money. It's not the only answer there. There's there's a lot of money in the market. There are very few companies. That can do that thing in the philippines for you if you want to do it so just funny while we're on that just a little bit you're job or the job that you've just left. There is a global local of. Isn't it because a central decision-making process book always. The question. is well the philippine office. Knows the the local need better than you do in atlanta but actually organizationally big companies always say. Well i've set. We've centralized the sponsorship because it was wasteful is inefficient and we didn't we couldn't control it so there's always that tension of controlling and an accuracy. How'd you manage that. What i always thought that the one of the strength of of of coal was the knowledge of the local schumer. And yes there is some level of centralization but as long as you operate with a high level of collaboration you can make better decisions so for me..
Unofficial Partner Podcast
"ricardo" Discussed on Unofficial Partner Podcast
"Makes decision on on spending money on his sponsorship. They have chosen that instead of buying a factory buying a brand launching a new country. So there's a lot of competition for that money. That investment is very very hard and usually are things that are easy to measure so every sponsorship managers have to have in mind that i have to have my facts so so right and now and the business case so solid that when the ceo looks at that investment compared to buying something which is very easy to to understand he would choose this one and So that's that's the. That's the the purpose of initiating that conversation on on social media. And what are the data points that you go to first when you are presenting to the and i can imagine you going in your laptop comes open and the board is waiting there to hear the results of of the the coca cola sponsorship program for this year. What's your first sloughs. The first graph. What do they really want to know. The impact on the business. So what happened because you spent all this money. What happened with the business and it really depends on on a company by company basis because different companies they have different sets of historical data different histories in sponsoring so for a company. That has a sponsor a lot for a long time. They benefit from having all this all this data available so you know in my with my experience. I look back and say well what happened. When goldberg vs are invested in olympics. Eighty eight ninety two ninety six. So you can with that. You can We can. I created the models with support of new partners agencies. We created more. Does that Measured the impact. Not only on on the number of bottles if you will sell sold but also what was the increased revenue generated per country increased Prophet that generated per country. So with that you can go to your management and say no given all your all..
Unofficial Partner Podcast
"ricardo" Discussed on Unofficial Partner Podcast
"The their machiavellian figures moving and you know the silent hand of money. So that's not. That's a bit of a romantic vision. Is it yeah. That's that's an amazing the protection of the role of a sponsor. What would what sponsors are doing. Here is no. You're investing to use the rights to to sell in the case of coca cola beverages in the case of visa drive more transactions but our involvement with the day to day decisions of the organizing body are are s a frequent as. There's in the business of coca cola. Visit is done so we let them manage their business manage ours and we worked together the things that we agreed that we're going to do together but we know the sponsors don't get involved in how the organizing bodies make decisions or assigned host countries for events Absolutely no evolved over. What about the statements that sponsors can make or if they're unhappy oversea. Fever has been for a period of scandal various scandals and sponsors are able to then show their displeasure thumb panels with sponsors who then get question from the floor about. Why didn't you stand up and say something or make statements about issues whether it's hosting in qatar whether it's russia whether it's drug take whatever. The scandal is sponsors often are seen as the sort of target for media questions and sometimes they come out and make a stand but quite often a political suicide to to let that go by. We're to stand quietly to one side. How do you come to that. Decision says when to make statements and we're not to or there's a very fine line and as much as any relationship between people that is not disgusting public the relationships between sponsors and partners More often than not. They're not discussing public. That doesn't mean that the sponsors are not talking about it. The disposers are not asking the partners to to to give explanations and now information of why they decided what they decide to do but the idea that such a thing would be discussed publicly is is is not is not very realistic. There are a lot of things which are related to contracts and the contracts they are by nature private so the sponsors they the they do play a role the try to be formed in the constantly give their point of view on decisions that they don't agree but that that has rarely happens in public pressure. Okay so let's talk about leaving coca cola because there must be a big decision it must be. it must be both sort of liberating but also a bit scary. because it's quite nice to have the badger. Ricardo fought with the coat badge behind. You and you bring all that to the public appearances. But now that's gone. Is abby scary. Bit frightening it is. Of course. Of course book is a is a wonderful company. Spent seventeen years working for the company. I know a lot of my friends. Today are people that are working. There used to work there The aug treated me very well in the decision to do something. Different is not wasn't easy But at the same time for me. There's so much more that i want to do. And i think that this cycle working for now for for poco four no any other company is Is has been completed. And i have done a lot. I have negotiated contracts. I have no have had fun working for for them..
Unofficial Partner Podcast
"ricardo" Discussed on Unofficial Partner Podcast
"Roles in the global sports industry because the soft drinks giant is omnipresent across major events tournaments leagues athlete endorsements from olympics fifa world cups euros premier league mclaren f one down national leagues and teams personally dawson deals of athletes and gamers and through the grass roots programs around the world. So what did ricardo fort learn. And what's he doing. Next if you like the unofficial podcast. You're really like our weekly newsletter which is read by thousands of people across the global sports business and is where we talk about the topics and themes that arise from our podcast conversations. We can send it direct your inbox every thursday. All you've gotta do sign up by unofficial partners dot com so find out back catalogue of podcasts. Here is ricardo fort. We did it. That was painless. I'm so spoiled by ford. Tell me what's going home. That's it after twenty five twenty six years working for for back. Call visa catalog. The known. I decided to to become an entrepreneur. I've been thinking about this for a long time. And now finally. I decided to not to put the this Bland in practice so beginning this month in march I am flying solo. I left coca-cola the end of february. So i'm starting michael to shop to help sponsors rights holders and other other players in this partnership business to to work better to hopefully to sign contracts that help them do what they need to do in a different way. I was just reading your twitter feed. Who's always entertaining it when you scroll down there somewhere you've said our investment funds the new employer of choice for sports marketers. One that if you are answering your own your own tweet. Is that part of the game. Why it is it. Is i see a lot of movement. A lot of interesting things happening. Now in investments mostly american Investments going to invest in europe. Now and i think this is an area that i can. I can help. i can help. Investors figure out the value of the things they are planning to buy not the actual assets physical assets but the put the commercial potential for an investment in. A club is something that i can. I can help them to to assess. Hopefully that will make them Do better deals. Would you think he's happening there. Why sport as a sort of asset class has grown e consents the heat in the market and it is coming from the us mainly but it's always been there but there is a particular since the at the moment it's it's become institutionalized in a it was always wealthy people and you've always got people with money wanting to invest in sport but something else is going on here. I just wondered what you think it is. It's probably a combination of multiple factors richard. I think there is One side of it which is sports in the united states are expensive today named general investments in sports here The franchises are no very expensive. It's you know it's probably very late or very expensive to enter the nfl. The mlb Even the the the franchises are are at a price point which are not necessarily interesting for every sponsor at the same time. Now the interest for sport as you mention Has always been a very high.
WJR 760
"ricardo" Discussed on WJR 760
"The Stafford, Virginia. Ricardo was with us on the air. Hi, Riccardo. How are you? Great, sir. How are you? Doing very well. How can I help you today? So I have life insurance, trying to decide whether Torto transfer over to a a new term life plan because they have a writer that if I do it now, I don't have to do a medical exam. All right. So let's back up a second. Ricardo. You currently own life insurance? Yes, I do of 500,000 with Navy Retail Association and I'm only paying pennies. You know $22 a month. That on that policy is a term policy. It is. It expires. A 50, however, on my 48th birthday again Change it to a new term term life insurance without having a medical exam. If I don't do it now, then you know, I have to do a medical exam in 50 to get another one. Do you have any health issues? Uh, just, uh, you know little things like higher blood pressure and Other, uh, sleep apnea and mild sleep out near one there. Okay? You're married. I'm assuming. I am married. My wife is younger, and we have two little little kids right now. Three and one, Okay? And that's where I was headed You You're a step ahead of me. What I was wondering is Where is their uninsurable Need? In other words, if you die who suffers financially, and what it sounds like is that you have a spouse and young Children who would suffer financially upon your death. And that's what you're concerned about. Yes, sir. And she used to stay home. Mom, She loves raising two kids in the family and not Got it. So, yes, it does sound that there's an insurable need here. So what we need to do is to figure out how much life insurance is necessary to protect your wife and Children. And that calculation is based on examining your overall financial picture. For example, you're going to receive the Navy pension? Yes, correct. And how much will that pension day. It's probably a little over 6000 month. And after you die, how much of that pension benefit? Will your wife continue to receive? So I'm doing the survival benefits plan had a lower base rate of $4000 so she would get 20. Only 200 were sold a month. Okay, so your wife will receive $2200 a month after you've died on. Can she live on 2200 month? Can she support herself and the Children on 2200 month? No, sir. Not too many people can these days. That's a very small number. That's only 25 grand a year..