38 Burst results for "Rico"
A highlight from Crypto Kingpins: The War Between SBF and CZ
"It's been almost one year since FTX collapsed and created a horrific ripple effect in the crypto industry. Sam Bankman -Fried and Chengpeng Zhao have become key players in this incident, and a new podcast goes behind the scenes to tell about exactly what took place. With SBF's trial ramping up as we speak, we're pleased to welcome Tom Wright, one of the creators of the new Crypto Kingpins podcast to the show, to share some insights. So let's go ahead and get into it today on our episode number 697 of the Bad Crypto Podcast. Five, four, three, two, one, go. Who's bad? Well, what do you know? Once again, it's the Bad Crypto Podcast, the show for the crypto curious and crypto serious. We had a week off because I was traveling en France, and was Travis keynoting at a crypto event in Manila. He was the thriller in Manila. And how was it, Trev? I tell you what, you know, I think I maybe made a quote of this before. Somebody said, go where you're celebrated, not where you're tolerated. And I do think in Puerto Rico sometimes it's like, you know, the natives tolerate, they don't really like the gringos, but they tolerate them. And then there's some people that'll throw hate. So, but in the Philippines, oh my God, they are so open and welcome and kind. And like, hello, sir, how can I help you, sir? Like just most lovable people, probably that I've ever encountered in the world. Thailand, the same, very nice people. Not a lot of crime in these places. I think maybe the Buddhist nature of that. And they're like, oh, you know, and it was so nice, very nice. And the keynote was great. They had me kick off the whole conference. So the founder came up, Dr. Donald Lin, he came up, did a little thing. And boom, then they had me kick off the keynote. And I think it was one of the better ones that I've done. I think it'll be up on YouTube here shortly and we'll share the link when that comes available. I had a few people come up and tell me it was one of the best keynotes they've ever seen. So I was like, ah, you've not seen very many keynotes. Perfect answer. Well, I'm sure you did a fantastic job and represented the Republic of Bad Cryptopia. So, you know, it's hard to believe that it's been a year since the dominoes started falling. You know, Luna was first, then FTX and Three Arrows, and then Celsius. And it's just been, it's gonna be a bear market anyway, but boy, the downward pressure exerted by these, you know, horrible black swan incidents have made it a really, really bad bear market. And of course, we've been here with you guys throughout it all. We've not abandoned you. We've not turned into bears. It was like a kick to the ass, a nudge, an elbow to your face, and then a kick to the crotch. And here we are. And the bear markets can be - Here we are. Here we go, sweetie. It was fun, fun times. Crypto goes up, crypto goes down. Or as our next guest would say, number go up. You mentioned that book right there. So we're gonna have a great conversation here with maybe my long lost relative, Tom Wright, who's been doing, who's an investigative journalist, gonna talk about what happened with FTX and SBF and CZ. And he's got his own podcast around that, multiple topics or multiple episodes. So you're gonna want to tune in. This is a pretty good interview, Mr. Joel Kopp. I think so. Let's let the people decide as they listen now. Unless you're living under a rock, you have heard the names Sam Bankman -Fried and Chengpeng Zhao, or CZ, of Binance. And you've heard about the fall of FTX. Well, Sam Bankman -Fried's big trial for basically making off with countless billions of dollars is coming up shortly. Scam bank man fraud, right? That's the guy. We have a guy with us today who is the co -founder of Project Brazen, a journalism -focused content studio. He's a New York Times bestselling author and Pulitzer finalist. And his name is quite similar to Travis Wright's. His name is Tom Wright. We're talking, it's two T Wright's here today. There's two TWs here today. And Tom, welcome to the Bad Crypto Podcast. Thanks for having me on. Yeah, tell us, just kind of give us a little more meat on the bones of your background and how that led you to this new podcast called Crypto Kingpins. Well, I was at the Wall Street Journal for about 20 years, Dow Jones and the Wall Street Journal in 2019 after writing a book called Billion Dollar Whale, which is about the one MDB scandal. That's the scandal where a bunch of money was taken out of a sovereign wealth fund in Asia and used to make films like The Wolf of Wall Street and for all these guys to party on this fraudster Joe Lowe's tab. Clearly people like Paris Hilton and big actors, Leonardo DiCaprio and others. And then the guy who I wrote the book with, Bradley Hope and I quit the journal and set up this company Project Brazen. And what we do is we make podcasts and we also write magazine articles and other things, books as well, that we use as the basis for adaptation into TV and film. So that's Project Brazen, that's a business. And our latest podcast is Crypto Kingpins, which we've done in conjunction with USG Audio, which is Universal's audio. And that just started rolling out last week and the episodes are running weekly on Tuesdays. And it's about the huge rivalry between Changpeng Zhao, who you mentioned of Binance, and Sam Bankman -Fried of FTX and how that rivalry played out and how it led to the downfall of SPF. And we went based on exclusive access to CZ himself. There was some interesting stuff that was going down with that. A lot of personality clashes and then just like, oh, CZ is gonna come in and save the day. Oh no, he's not. Because it looked like he got some, he was feeling the heebie jeebies. He was looking at some stuff and going, whoa, we better get rid of all of my FTT because this ain't working. And so this is great. We're talking about some of the big crypto frauds, right? That's what you've done. You know, actually, since Joel and I have not done this show as regularly here in the last couple of weeks because of travel, a documentary just came out about Ruja Igniktova called The Crypto Queen on 2BTV and I was in there talking about that. So I'm featured on that. So it's like, it seems like there's a lot of stuff going on right now and I'll put that in the show notes if you guys wanna watch The Crypto Queen documentary. But this is fascinating. There's so many bad actors in crypto. Hopefully we can get past this and only the good people remain in crypto. The fraudsters are kicked out. Hopefully all the good people haven't left and are chasing dreams in AI now. So hopefully there's still some good foundations here in the crypto space. Well, we got into this podcast because I'm based here in Singapore and for a long time, CZ was based here. And what he was hoping to do was get a license from the Singapore government. I mean, a lot of people were here. Do Kwan of Terra Luna was here. Carl Davis was here. The Three Arrows guys were here. Their yacht Much Wow that they bought, I think was supposed to be in the marina here but never made it, as you said. A lot of people getting washed out of the system. But anyway, I got to know CZ because he was living down in this area called Sentosa Cove which is a lot like Miami. You know, it's big mansions with a marina. And at that time, now what a lot of people do know about is what happened last November, which you just alluded to, which is when CZ decided to sell his tokens and that caused a world of pain for Sam Bagman Frieden FTX, right? But what people don't really understand is the degree to which CZ and SPF had interacted over time. People know that the Binance was one of the big first investors in FTX back in the early days. They took a 25 million stake for 20 % of FTX. But Sam really looked up to CZ. Obviously CZ and Binance go back to 2017 and Sam didn't set up FTX until a couple years later. And we show in the podcast how CZ first met Sam when Sam invited him to this party in an aquarium in Singapore in 2019. And he was just a trader, one of many traders. I don't think he was a VIP trader, but just a trader nonetheless on Binance. And so that's really when the story begins and that's how we start the podcast by showing that relationship and how it evolves and then all of the stuff in between that initial meeting and then what happened last November, which was what we call the kill shot. So he kind of went from being a trader to becoming a traitor. We're gonna talk about some of that political stuff that he did down the road, which was really crazy. It's like you look at some of this stuff, Joel, and I go, man, anybody else was doing some of this stuff where they hadn't have donated so much money to the political parties? There's no way that you get taken out of a Bahamas prison and then immediately brought to America and then released on a first class flight to fly back home to go be with your mommy and daddy if you've done this amount of fraud. So there's so many different nuances to this story. I can't wait to get into this with you. Well, the most amazing thing about that is he was released on a $250 million bail, which was I think the biggest ever bail in American pretrial history. But was it really? It wasn't really like they didn't actually pay that. No, their house is not worth $250 million. I didn't quite understand that it was backed by their house, but that was the, I think they judged him a very low flight risk based on how recognizable he is. Yeah, did they think that house would be a collector's item someday or something? With a future value of this home, yeah, that's crazy. So do this for us. When everything went down, kind of set the stage for what happened that day when this story broke. How much money were we actually talking about? How many people were impacted? And just how far did the ripples extend? Well, I think it's November the 2nd is when this CoinDesk article comes out, which basically says, look, the Alameda, which was Sam's hedge fund, FTX's hedge fund, its financial situation isn't all that it looks like because somebody inside the company leaked these documents to CoinDesk. And they showed that they were heavily reliant on FTT tokens, which were basically a cryptocurrency that Sam had made up and bought himself to prop up the value. And then if you took those out, they were about almost a half of the total assets of the hedge fund. And so at that point, CZ is pacing in his penthouse in Dubai where he left Singapore where I got to know him and he moved to Dubai.
Fresh update on "rico" discussed on Bloomberg Law
"Gates force ill won't -made a offer is vote anything. aiming with to democrats to overthrow And by the remove way, mccarthy House the Speaker if the only it's Kevin deal Democrats kevin McCarthy want is mccarthy to own from what Kevin who's is his to McCarthy, post. orders out make there one outside offering with mccarthy deals the they can to capitol He filed have democrats because a it. the i'm motion Speaking florida not so Monday offering if republican to there's to a deal mentioned house majority leader steve scalise as a potential replacement day one of former president trump civil fraud trial in new york is in the books state attorney general latisha james is accusing trump and his family of inflating his net worth to legally obtain better terms from lenders and insurers before walking into the courtroom trump blasted james saying the case is a continuation of the single greatest witch hunt of all the time president's son will appear in federal court tomorrow in delaware where he's expected to plead not guilty to gun charges hunter biden was indicted on three felony firearms charges last month including unlawfully possessing a gun as an illegal drug user thousands of health care workers are prepped to to strike on wednesday if negotiations don't improve with kaiser permanente as lucinda k explains the workers say they're protesting unfair labor practices and unsafe staffing union levels members tell us their team will bargain with kaiser executives throughout the day they say they're ready to solve the staffing crisis but say kaiser needs to bargain in good faith this would affect seventy five thousand health care workers across the country if they don't reach an agreement they'll go on strike this wednesday six a m i'm lucinda k millions of americans are facing student loan payments again the requirement to resume payments officially went back into effect sunday after an over three year pause during the covid pandemic i'm brian shook you a pair of scientists whose work led to life saving but vaccines have been awarded the nobel prize john beaver says their research is now being used try and help fight other diseases including cancer professors kathleen carrico and drew vice man were praised is by the nobel committee for contributing to an unprecedented rate of vaccine development during the pandemic their work was instrumental in helping develop new methods to immunize people against kovat vid nineteen both the Pfizer biontech and modern vaccines were based on the technology and now have been given to billions of people around the world john beaver reporting spending is edging higher with single -family homes leading the way new government figures show spending on residential construction rose more than one percent nationwide in august it came in at a newly adjusted annual rate of nearly eight hundred eighty billion dollars taylor swift showed up new in jersey sunday with quite the entourage to watch travis kelsey and the jets impossible to shake off the excitement at medlife stadium in east rutherford when taylor swift was spotted cheering for the chief's tight end with hugh jackman and sophie turner by her side last week the pop star was with travis kelsey's mom cheering on her rumored new beau kansas city winning both games edging the new york jets twenty three to on twenty sunday the swift effect also boosted jets ticket sales by more than eighteen percent i'm sarah lee kessler new york toys r us is slated to open some twenty four new brick and mortar shops as soon as early next year parent company w h peak global announced its new air land and sea expansion for the stores which will include some two dozen traditional flagship shops it's in major cities i'm brian showed and i'm dead prisoner bloomberg world headquarters in new york let's check this hour's top business stories in the markets we begin with the days fed speak speak chair jay powell said the focus is on maintaining a strong labor market for a sustained period today he highlighted efforts to get more people into the workforce as part of the fed's push actually turns turns out that that it as a as an expansion gets longer and longer more and more of the wage gains actually go to people at the lower end of the wage spectrum so these are these are really beneficial things to have that though the record is also clear that we need price stability that is fed chair jay powell now he did not comment on his near -term outlook for interest rates separately today we heard from governor michelle bowman she was saying multiple rate hikes may be required to get inflation down to the fed's two percent goal and we also heard from fed vice chair for supervision michael bahr he was saying the fed is at or very near a level of interest rates that is sufficiently restrictive we had weakness in the price of crude oil today with the u .s. benchmark wti breaking below ninety dollars a barrel in new york trading one concern is how higher interest rates will slow the economy and city group was saying today the slowdown will weigh heavily on oil prices next year here is city's global head of commodities research ed morris we don't think demand is going to come in stronger than expected unless for some reason there's a change in every economist judgment about where economic growth is going to be next year but the drag from china the drag from europe and what we expect is a drag from the united states coming into the market really weighs heavily that is city groups ed now morris city's latest quarterly commodities report shows that brent is expected to drop in the low seventies range next year right now brent is trading at just under ninety dollars a barrel well in roughly ninety minutes will get a monetary policy decision from the reserve bank of australia we have a preview from bloomberg's paul allen bloomberg economics expects the rba to keep the cash rate target on hold at four point one percent on october third it's been hiked by four hundred basis points since april twenty twenty two and that is the largest and fastest tightening in the inflation targeting era so far it's not been enough to push inflation back down to the rba's two to three percent target recent recent hotter cpi data raises the risk that australia's central bank could deliver another hike potentially its at november meeting but bloomberg economics sees the rba starting to cut interest rates in the first quarter of next year and that is bloomberg's paul allen we check markets for you throughout the day here on bloomberg shares and china and rallying right now in hong kong the stock was halted last week when the company's billionaire founder was under police control on suspicion of committing undisclosed crimes evergrande shares of twenty two percent but the hangsang is down three percent global news this is bloomberg this is bloomberg law what does the prosecutor have to prove in order to get a rico conviction tell us why the solicitor general is sometimes referred to as the and justice interviews with prominent attorneys in bloomberg legal experts that's jennifer k for bloomberg law joining me is former federal prosecutor robert mint and analysis of important legal issues cases and headlines is the toughest for prosecutors proving trumps intent alito took on congress saying congress has no power to regulate the supreme court bloomberg law with welcome to the bloomberg law show i'm june grosso ahead in this hour the supreme court is facing a pile of cases from the conservative fifth circuit justice clarence thomas recuses himself from a january sixth case and inside j p morgan's
A highlight from Evangelism - The Christian's Guidance
"Well, I'm all fed up. I'm telling you, you all have taken care of us, those that we've had the privilege to go to their homes to eat, those who took the house to eat, and we appreciate had some time fellowship with brother Johnson. And and I'll just be honest with you. I'm all fed up, but a good fed up by then. It has been a it's been a refreshing time for me and my wife to be here. Uh. We, of course, involved when you're in the ministry, it's it's not a it's not an eight to five job, it's a life. And that's what ministry is all about. But the pastor invited us to come over and my wife's very much involved in the school, still teaching. And I'll just say this about a couple of years ago. Now, she taught kindergarten for years. And last year we didn't have teachers. And so we closed three classes had to close our high school. We didn't have teachers and we didn't have a K5 teacher. So my wife, of course, she taught a year. She supervises the elementary department, kindergarten department. And so she said she told our administration, she said, I'll teach K5. So we're talking about it. And she said, you know, I got to thinking about it. What when these when these parents come in and they see this 80 year old woman teaching kindergarten, what are they going to think? I said, they probably think, man, I've got a grandmother that's going to be looking after my children. But, you know, it's still the ministry. You know, God, God uses people and it's been a joy and a privilege, but she's still teaching and training two teachers this year. And so we worked it. We had planned our hope that she wouldn't have to teach this year. So when this meeting was planned to come up, she had planned to come with me. And of course, she didn't know she didn't always get to travel with me. She's traveled more with me in the last couple of years than in the past. And so one thing that when we when she did say I'll teach K5 again this year, but she's working with a full time young lady that believes God wants her to teach. And so she's training her as she's teaching. And so she's usually there by 730 and gets home late after dark. So this has been a restful time for us. And I appreciate your pastor allowing us to come. And you all have been so gracious to us. And I know that my southern accent some of you may try to figure out what I've tried to say. Sometimes I try to figure out what I've said. You ever been talking and sometimes I'm past preachers would know this. You're preaching and all of a sudden something comes out and man, you say, well, that's good. Did I say that? And but I hope what we have said has been an encouragement. You know, I, I never want to go into another man's pulpit and say one thing that would cause him any problems. And I wouldn't want anybody coming in our pulpit and saying things. I only had that one time in all the years that I've been pastoring and having preachers come in and preach. I'll just share this brief story with you, because, you know, the pastor is responsible for what comes from this pulpit. And we had a man preaching come down one time and he had got converted. He was a disc jockey that got saved out of rock music. And so he knew the inside of all of the dangers of the rock groups and everything. And another another man had had him down. And so he asked me, said, But Daniel, we got a couple of nights. If you'd like to have him come and preach for you. Well, this pastor had him. And and so I said, yes, and we had him. And he really identified with the young people. And he he got up and preached some good messages. They responded to him. Well, about three years later, he got in touch with me again. He said, I'd like to come back to Puerto Rico. Now, I'm only remembering what he said the last time we was there. And I was very grateful for it. And so I said, yes, you could come back. This time he came back and he was preaching one night. I've never had this happen before. And I haven't had it happen since. But he was preaching. And again, I think sometimes preachers think they've got to say something that nobody else has ever said. So people think they're going to tell them something they've never heard. And so he was preaching and he was talking about demons. Now, I believe in demons. I believe the demons are real. We have we have encountered. Demonic people in our ministry. And so I do believe the real I don't go demon hunting. I'll just be honest with you. He read about over an act where they these people was going to cast out some demons and they said, Jesus, I know and Paul, I know. But who are you? And they beat him and threw him out of the house naked. I don't go demon hunting. I do believe in demons. I believe they're real. I believe they're very active in this world today. So he was preaching on demons, and he made this made this statement. He said, I don't have any problems believing that the Holy Spirit and a demon can share the same body. Everybody in our congregation, I can feel their eyes looking to me. I'm sitting on the platform. I didn't look at nobody, but I can see everybody's eyes went to went to pasture. So I didn't I widdly finished. And I got up and I had to say something like this. I said, Now, I appreciate our brother coming tonight and in preaching. And I said, And I know that he was talking about demons. And I said, He cannot teach all there is in the Bible about demons in one hour. And I know there's some confusion about a statement that was made. And so for the next few Wednesday night, we're going to talk about demon possession and the body of a believer in the dwelling of the Holy Spirit. Well, I think he knew that I couldn't leave what he said on unaddressed, but I wasn't going to get into confrontation with him there. And so you've got to be careful who you let teaching you. And he got up on me. Oh, he said, if I if I've caused any problems, let me let me straighten it out. I said, No, brother, I'll straighten it out. It's my problem. But you've got to be careful who you let come into your pulpit. And I know your pastor had met me and had heard me, but I appreciate him allowing us to come and trust in me in his pulpit because we are accountable to God, who we allow to stand up here and preach and people change. I guess you know that, too. There's been that I have once would preach with and preach for and have them preach for with me. But I can't do that anymore because they change. And so we can't do that. So, Pastor, thank you for allowing us to come. And thank you for putting up with me.
Fresh update on "rico" discussed on WTOP 24 Hour News
"To go on strike they delivered that message during a march and rally in downtown DC in the middle of rush he's mike morillo they marched through downtown DC and these workers are upset because as contracts their for 24 area building operators expires negotiations are still far apart on things such Amy as pay Contreras raises is with the local chapter of the service employees international union which represents 9 000 employees in the dc and baltimore areas they showed up to work during the pandemic risking their lives their family's lives now it's time for the companies to recognize their sacrifice Anna Hernandez is a worker covered by the contract she says cleaning crews also need more help more is very hard peter chadilovich lead negotiator for the washington service contractors association which represents the the building building says both sides are far apart on raises but he's hopeful both can come up with a compromise they can live with in downtown bc mike merillo wtop news now 7 24 also new tonight on wtop an escaped inmate who's been on the run since august is now identified as a suspect in an armed carjacking in montgomery county investigators say 21 -year -old nasim isaiah roulach who goes by lil naz stole the car a on september first after he escaped from a hospital in her rico county in virginia august twelfth relax was last a seen rule leaving a bathroom in the hospital wearing a white gown white socks no shoes the hospital was placed on lockdown following that incident he's been missing ever since he's serving a 13 -year sentence for charges of aggravated malicious wounding among other crimes see his picture wtop dot com read a lot more about the case there and call montgomery county police if you know anything now an update to a crash in buoy that left four people dead police say those inside the car that crashed into a tree were avoiding officers on friday night witnesses call it a fiery scene that's played out there before marion leveso was lived here along woodmoor road 37 for years and she's seen and heard crashes here before when an suv rammed into a tree next door friday night it was enough to shake her house and i was worried about my husband because he walked up there thinking he could help and i'm waiting for this vehicle to explode the vehicle had been carjacked in greenbelt just before and friday police there say the license plates have been replaced with expired temporary tags that's what prince georges county police first noticed when they tried to pull the vehicle over and there's a couple of guys because it took down part of the that fence had that one of the fence posts and were trying to break the window and they finally broke it but by then it was too late in buoy john dome in wtop news sports at 25 and 755 powered by red river technology decisions aren't black and white think red 725 let's go to rob woodfork
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and 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 cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. 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.
Fresh update on "rico" discussed on The Charlie Kirk Show
"Hey, everybody, Charlie Kirk here. Aren't you tired of not making a difference? You can. We can make a difference. Standing for life by giving free ultrasounds with our friends at Preborn. In a Dobbs world, states decide about abortion. And so many liberal states are taking extreme stands, even allowing abortion up to literally the second before a baby is born. It's unbelievable, but true. And in California, the demand for abortions has increased 400 percent in part because the state is inviting women and girls to come to California for the sole purpose of aborting their baby. This is abortion trafficking. Take a stand for life by providing an ultrasound for a young woman. When you do, she is twice as likely to choose life. I'm a donor and you should be, too, to Preborn. Just $28 provides that ultrasound and saves one baby. $140 saves five. A gift of $15,000 provides an ultrasound machine that can save thousands of babies for years to come. Call 833-850-2229 or click on the Preborn banner at CharlieKirk.com. That is CharlieKirk.com and click on the Preborn banner. We're getting lots of emails and I want them to continue, please. The anger is palpable. Freedom at CharlieKirk.com, email us. This is unsustainable. You cannot have a civilization that is collapsing and have a political party larping live action role-playing as an opposition party. You can't have that. The people are not going to put up with it. They're not. They're going to have primaries. They're going to stop voting, whatever it is. When you have a civilizational crisis and you have one party that is doing the damage to the country, the Democrat Party, then you need some sort of a counter voice. That's obvious. So when the counter voice decides to not actually do the counter voice, but instead they get political power from the people just saying they're going to be the counter voice, you have a seriously unsustainable and very, very fragile set of circumstances. So you have the border completely wide open. Our spending discipline is out of control. There is no spending discipline. Trillions of dollars of deficits. We have Jack Smith, DOJ, and I'm just touching the surface of the civilizational issues that we are facing. Life expectancy going down, suicide crisis, and we have stuff all across the board. The economy is garbage and trash right now. 99% of homes are deemed unaffordable to the working class and the ordinary American. So what happens is these Republicans, many of them, they will run for office saying, give me a political office in DC, give me political power, give me the title congressman, give me an office in Washington DC, and I'm going to go fight against the country collapsing. It's really kind of that simple now. It's not as much of like conservative versus liberal. It's the people that are doing the destruction of the country, the American Democrat Party, and the Republicans then go to voters and they say, elect us and we're going to stop it. That's basically the way that people think of voting right now. So they show up and they say, okay, Republicans, go and try and stop it. Please slow it down, say no, reform it. And outside of some oversight stuff, which has been fine, I guess, outside of some oversight stuff and subpoenas, have we cut a dollar of spending this year? Have the House Republicans changed anything? Anything? And this pains me to say, I don't like saying this because the Republican Party is the only vessel that we have right now to stop the Democrats. And honestly, the great accomplishment that the Republican Congress will be able to say is not what they got done, but at least we're not getting rid of the Electoral College and D.C. and Puerto Rico are not becoming states. And at least we don't have H.R.1. That's not a small thing, by the way. The other side is so completely unhinged and out of control. There's such a damage and a cancer. There's such a tumor to the Republic that saying like, well, at least we still have the Electoral College. OK, because that's business number one for them. They want to structurally change the country. But boy, I'll tell you, you know, I turn my phone off from Friday night to Saturday night, and I turn my phone back on on Sunday. Boom. I must have had 280 text messages. People that were flipping mad. Charlie, I thought 930 was the whole it is the whole deal. But they don't feel the urgency that you feel. It's not the same sort of thing. If a moderate Republican wants to preside over business as usual, then go run as a Democrat.
Audio: Liberals Host Insurrection in Kevin McCarthy's Office
"Is disinformation, everything they live by. Here's some audio at seven. It's about 20 seconds. This is outside of Speaker McCarthy's office. I mean, we were just told we live in a free country where people can assemble and petition their government. So a lot of people on January 6th, not were all, some there people who went there with negative intentions, but a lot of people thought they were doing that. Matter of fact, the overwhelming majority did. So how come they find themselves in jail for decades when a liberal group yesterday did the exact same thing interfering in government business in McCarthy's office, screaming, yelling like lunatics in his office. And yet nothing seemed to happen to them. There doesn't seem to be a coordinated RICO case, Jack Smith, special counsel, FBI investigation, force media, anything like that. So weird. So weird. Here is the actual audio. This is not edited in any way. Check for now. For now. For now. For now. McCarthy. Pass. That was an insurrection, right? You know, I know a liberal right now, again, get I you wetting your diapers. I understand that. I know you don't like being confronted by facts. You were vaccinated against facts at an early age. So it's very hard for you to process information like that. I understand. I've dealt with liberals my whole life, growing up in New York and Maryland, arguing about facts. It doesn't matter. Nothing's going to work. They are legitimately allergic to facts. You tell them any kind of I'll never forget telling a Washington Post reporter that after the Bush tax cuts, tax revenue went up in the following four years. And he was astounded by this information because he never actually looked it up. And it still didn't change his assertion that the Bush tax cuts cost the economy money. Excuse me, the government money.
A highlight from Dante Disparte Interview - Coinbase Stake in Circle, USDC Reserves BlackRock Fund, USDC Digital Dollar CBDC, & Stablecoin Regulations
"This content is brought to you by Link2, which makes private equity investment easy. Link2 is a great platform that allows you to get equity in companies before they go public, before they do an IPO. Within their portfolio includes crypto companies, AI companies, and fintech companies. Some of the crypto companies you may recognize include Circle, Ripple, Chainalysis, Ledger, Dapper Labs, and many more. If you'd like to learn more about Link2, please visit the link in the description. Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. With me today is Dante Disparte, who's the Chief Strategy Officer and Head of Global Policy at Circle. Dante, it's great to have you on the podcast. Great to be with you. Dante, I'm so excited to speak with you because Circle has been doing a lot of great things. I'm a user of USDC. I've interviewed Jeremy Allaire a couple of years ago, and you guys are doing a lot. So I have a lot of questions. But before we get there, let's start with your background. Tell us about yourself, where you're from, and where you grow up. Sure. Well, yeah, great being on. And it's always good to start with the humanizing questions. So I was born and raised in Puerto Rico. And currently I live in Washington, DC. So my partly personal, as you can imagine, this is a labor of love being in crypto, but also partly about the unfinished work we have around the world with financial inclusion and just making the global economy much more accessible for people. But yeah, very excited to be with you today and looking forward to the conversation. Sure. And tell us about your professional background, because I did notice you were at the Diem Libra project for a while, in addition to other companies. Tell us a bit about that. Well, don't hold any of that against me. In fact, my joke when I joined Circle, in fact, for your listeners, my almost informal interview was the money movement episode 10. Episode 10, I was still at the Libra Association, where I was the vice chairman and one of the founders of the project. Jeremy invited me onto the money movement, and we realized that not only were we wearing the same pastel -colored polo shirts, but we were finishing each other's sentence. So now with the benefit of hindsight, I could look back at that and say, this Jeremy Allaire guy is kind of sneaky because it turns out that might've been my job interview. So the transition from a Libra to a Circle, at least for me personally, in many respects, it's the same vision and mission. The difference is obviously Libra was aspirational, never launched. Circle is operational, and we now collectively as a company get to prove that trusted digital dollars on the internet is a thing. It's a breakthrough innovation, and it's impacting real world, real people, and the real economy in real ways. So if you don't mind me asking, was Libra Diem too early, and was it a different environment? And also, you mentioned the business practices, right? The books and the certain things need to be in order as with Circle. Was that kind of the gist of it? It was just early and the regulators had a knee -jerk reaction? Well, so my personal calculus as an entrepreneur in the earlier part of my career, but as a risk and resilience person throughout my career, my personal calculus was win, lose, or draw. A project of this potential scale would change, if not the arc of the conversation, in many respects, the arc of innovation and finance, right? That you needed, not only crypto needed, but the agenda for a more inclusive global economy needed something to shake the system up, right? And so in innovation, we talk about moonshots, and I think Libra was a proper moonshot. But around it, there were also very clear determinative barriers around who can and for permission versus forgiveness in financial services. And a lot of crypto projects have come and gone under the basis of not really respecting any of the pre -existing rules and regulations around moving money. But so it was a very healthy experience. And I found myself obviously to be an honest broker in a very, very complex multi -stakeholder project and conversation since. And what was your first encounter with Bitcoin and crypto? When did it first start for you? Did you hear from a friend on a forum? And what was your aha moment? Yeah. Well, I came at it, actually it was, believe it or not, on Necker Island. I was invited in 2017. I don't often get invited to billionaire private islands, but if you do get an invite, I would strongly urge folks to go. Except of course, with my rotten luck, the year I went to Necker Island, I went in my capacity as a risk and insurance person. This is in 2017. And as you can imagine, at that particular era, a lot of crypto companies were looking for the legitimization of insurance. Today, it's the legitimization of regulation, the legitimization of policy, et cetera. But for a long time, the industry's journey has been this legitimization, challenger innovation looking for insurance protection. And so I went pretty deep. I started an insurance company and went pretty deep down the rabbit hole in sort of understanding what were the risks. And if you could understand the risks and transfer the risks financially to another party, then there's a market around this innovation. Except the year that I went was the year that flattened part of Puerto Rico. And so my journey into the crypto economy was, what unfinished work does this innovation have with risk, resilience, financial access, moving money in better, cheaper, faster ways? Over that same period of time, I was an advisor on the National Advisory Council of FEMA, the Federal Emergency Management Agency. And I was one of the leaders on the FEMA sort of arguing that we need these innovations domestically inside of the United States to provide for better, faster, cheaper movement of money and disaster assistance. And so that's been my arc in this space ever since. And I'm pleased to say where I think we're making progress.
A highlight from 1387: One Bitcoin Will Be Worth $1 Billion By This Date - Fidelity
"Let's get it. In today's show, I'll be breaking down the latest technical analysis, as well as breaking news. Google Cloud to digitize El Salvador's governance, healthcare, and education, as well as Elon Musk's ex moves closer to crypto payments with their newest state license they just received, as well as breaking news. The SEC's first deadlines to approve seven Bitcoin ETFs are coming over the next week. We'll also be discussing Grayscale's roadmap to a Bitcoin spot ETF following the most recent SEC triumph, as well as Fidelity, one of the world's largest asset managers that currently control over four and a half trillion in assets under management are predicting a $1 billion price action for each Bitcoin. In fact, did you know they started accumulating Bitcoin all the way back in 2014, literally almost a decade ago? We'll also be taking a look at overall crypto market, all this plus so much more in today's show. 87. That's right. I'm your host JV. And we have a jam -packed session for you today. Looking at the market watch here, we can see Bitcoin after almost staying above 28 ,000. Unfortunately, it broke that support and we're back down to 27 ,200 at this time, but Ether also back in the red down 2 % for the day trading at just above $1 ,700. And checking out coinmarketcap .com, we're barely sitting above a trillion dollars, which is that milestone we've been sitting at for quite some time regarding the overall crypto market and about 34 billion in volume in the past 24 hours with the Bitcoin dominance at 48 .9 % with the Ether dominance at 18 .9%. And checking out the top 100 crypto gainers of the past 24 hours, we have XDC up 8 % trading at 6 .4 cents, followed by TonCoin up 6 % trading at $1 .75, followed by BlockStax up almost 3 % trading just under 53 cents and checking out the top 100 crypto gainers for the past week. Yesterday was a sea of green as the price action pumped literally $2 ,000 in a span of 30 minutes off of the news of the SEC losing their trial versus grayscale with the conversion of the GBTC product into a spot ETF. But today we have corrected some with HEXB crypto greed and fear index. We're currently rated a 49, which is neutral. Yesterday was a 39 in fear last week at 37 and last month a 50, which is neutral. So there you have it. How many of you are currently bullish on the king crypto? Let me know. And how many of you are anticipating a lower price action so you can keep stacking them sats on the low? Holla at your boy. Now let's break down today's Bitcoin technical analysis. Check out the charts and what is popping right now in the markets. As you can see here, Bitcoin drifted towards $27 ,000, which again, we're just sitting above $27 ,200 at the time of this recording. At the Wall Street open, the dust settled on the digital asset manager, grayscale's legal victory. Here you're looking at the Bitcoin one hour candle chart. Now data from Cointelegraph showed a positive verdict for grayscale against US regulators, sparking almost 8 % gains. Bitcoin managed to tap $28 ,100 on Bitstamp, its highest in almost two weeks, before returning to the current level. So despite closing the daily candle above two key moving averages, these had yet to return as definitive intraday support. And on the day, analysts were quite cautious. In a quick take post from on -chain analyst Crypto Quant, he goes on to share, noting that the grayscale move had originated on derivative exchanges. So despite funding rates remaining fairly neutral, there was a clear absence of value. However, it is difficult to see that the spot exchange led the price increase when the Bitcoin price rose yesterday. The reason is that the trading volume ratio shows that it had decrease rather than increase. Now additional data showed trading volumes were still below those seen during the upticks of earlier this year, quoting them here. Of course, there is a tendency for prices to change significantly, even with small trading volumes, because of the overall liquidity in the crypto market, which has decreased. However, it seems that there is a need to be a little cautious about the fact that this rally leads to a dramatic rally. Now let's discuss many similarities to Bitcoin's all -time high. According to crypto analyst Brett Capital, quoting him here, we're seeing many similarities between the double top of 2021 and what we're seeing right now, he warned. Should the similarities play out and Bitcoin produce a full fractal, 26 ,000 would flip from support to resistance to initiate further downside. So for the time being, we're seeing a lot of signs really playing into all of this in which he reiterated alongside this chart. Now, another target analysts are talking about right now is 23 ,000 becoming increasingly important. Rec capital likewise flagged that level of 23K as a prominent level versus the 2022 bear market bottom structure and inverse head and shoulders pattern, as he mentioned here, that's the level that we can see the price rebound from. So there you have it. Let me know if you feel we're likely to drop sub 25 ,000, potentially touch 23 before rising back up. Or do you think we'll take off from here, off of one of the biggest news stories of the year, which is a big fat L for the SEC and a big fat victory for the entire crypto industry. Let me know your thoughts. And with that being shared, fam, now let's discuss breaking news coming out of El Salvador with Google, which is actually quite interesting. Yesterday, I saw Nigel Bokele made a tweet and this is what it was in regards to Google Cloud announced a new partnership with the government of El Salvador. Interesting, right? On August 29th to establish an office and provide Google distributed cloud services in their country, the partnership aims to digitize the country, update government services and improve the healthcare and educational systems. The GDC will also help bring infrastructure closer to where data is generated for El Salvador. Bokele, the country's president said he believes El Salvador is quickly becoming a hub for innovation. As he shares here, El Salvador is moving forward. We believe technology and foreign investment are key for development. And here's where he announced the partnership in this, I shouldn't say tweet anymore, but on this post on X quoting Bokele, Google plans to establish operations in El Salvador and he shared the official press release from Google. Now, Thomas Curain, the CEO of Google Cloud said he believes cloud computing can truly transform Latin America. As shared here, access to cloud computing has dramatically expanded across industries and regions throughout the world, he said, enabling both small companies and the public sector to utilize the very same apps and services as more mature markets. Now, Cointelegraph also reached out to Google Cloud for additional comments on its recent expansion. The additional GDC infrastructure will help support El Salvador's active stance on Bitcoin adoption and integration into society. It allows for Bitcoin full nodes with ordinal protocol support. And additionally, back on August 8th, a few weeks ago, El Salvador granted the crypto exchange Binance a license to offer crypto services to users in the country. Bitcoin had began as legal tender in El Salvador back in 2021. And recently the Bitcoin Beach Initiative took to the classroom and taught over 25 ,000 students about Bitcoin, helping them earn a Bitcoin diploma via the country's educational system. The country has already seen immediate returns on the program with the example of one teenager who earned the diploma and then returned to his former school to teach the educators about the digital asset. That's what's up. I think mass adoption is likely to continue, especially in places like El Salvador that are ahead of the rest of the world. And I think more and more major companies are going to be opening up shop because it just makes so much sense. Why wouldn't they? That's why Binance just got their license. Jack Mallers Strike Company just got their license. Bitfinex got their license and they're opening up shop. And I believe that the Bitcoin game theory is in full effect and will continue to play out as the days go by. And with that being shared, fam, now let's break down our next story of the day. As you probably know, major news was actually released yesterday regarding X, which is the platform owned by Elon Musk to integrate crypto payments. We made a pretty big development, so let's break this down before we dissect the ETF deadlines. Rhode Island's regulators have granted X, formerly known as Twitter, a currency transmitter license, marking a step forward for the company's foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and receiving money, a definition that includes both fiat as well as crypto assets. Now, this approval will allow for X to custody, transfer and exchange digital currencies. Now, X's Rhode Island currency transmitter license was approved on August 28th, two days ago, according to the nationwide multi -state licensing system, NMLS. The move marks an important step forward for Elon's push for X to become an everything app, which would include crypto as well as fiat payments. Now, naturally, social networks like X are massive, so this could help usher in that mass adoption. Now, while sources have suggested that X's upcoming payments feature will initially only offer support for fiat currencies, Elon had reportedly instructed developers at X to build the platform's payment system in such a way that crypto functionality can be added into the future. Yeah, if you're not integrating Bitcoin into your payment system, then do you even have a payment system for the future as Bitcoin is the future of money? Just saying. The approval comes nearly two months after X secured money transmitter licenses, also in Michigan, Missouri, and New Hampshire, which were well -approved on July 5th. X's latest license marks a total of seven American states it secured transmitter licenses in, so my guess is they're going to have to continue getting more and more licenses for all the states. It remains unclear exactly what financial offerings will be made available if and when X rolls out their payments feature. People familiar with the company's plans have indicated that X will initially offer fiat currency transaction services similar to PayPal, which Musk co -founded with room for future crypto integration. Do you think Bitcoin will likely be an announcement that they will be accepting crypto payments? I mean, who cares about Doge if you don't have Bitcoin integrated? So, I feel Bitcoin is a given if they're going to be integrating crypto and it seems to be going that way. But how do you feel this is likely to play out? Let me know your honest thoughts in the comments right down below. And now let's break down everything you need to know regarding the recent spot ETF deadlines for the United States and regulators. And after we discuss all these deadlines, we're going to specifically be talking about the GBTC Grayscale product, getting that victory over the SEC and what that means moving forward with the Grayscale Bitcoin ETF. And then we'll be dissecting Fidelity, one of the largest asset managers in the world, and their $1 billion Bitcoin price prediction. And then we'll wrap up with our live Q &A. So yeah, let's discuss this. The US SEC is facing its first deadlines to decide on seven spot Bitcoin ETF apps, with the latest being September 4th, which is what, virtually five days away amid its defeat to Grayscale Investments in the US Federal Appeals Court. Investment firm Bitwise will learn if its ETF will win the SEC's approval September 1st, which is what, two days away. While BlackRock, VanEck, Fidelity, Invesco, and WisdomTree will all be awaiting the SEC's decision for their funds by September 2nd, three days away, according to several SEC filings. So, that's right around the corner. It's going to be a big week. Meanwhile, Valkyrie is set to hear back from the SEC on September 4th. The US Court of Appeals ruled on August 29th that the SEC's rejection of Grayscale's app to convert their GBTC into a spot Bitcoin ETF was arbitrary and capricious. But this doesn't mean that the SEC must approve Grayscale's app or others in the future, says Bloomberg ETF analyst, James Safart. And in August 29th Bloomberg Review, he explained that Grayscale's win will definitely increase the odds of a successful outcome for the SEC. But he is unsure when that day may come though, as the SEC can delay his decisions and has two more proposed deadlines for each fund before being forced to make a final decision on the 240th day post filing. Now, what a shame it would be if they make us wait the 240th final day before giving an answer. But hey, don't run it by them. I mean, don't put it past them, especially with Mr. No Clarity Gary as the chairman. But anyways, for the awaiting applicants, the final deadlines for the SEC are all in mid -March of next year. And as someone shared here, odd and free, 99 .9999 % chance that the world doesn't know that the SEC has to decide on seven Bitcoin ETFs within the next three days. And this does include the largest asset manager in the world, BlackRock, Bitwise, VanEck, WisdomTree, Investico, Fidelity, and Valkyrie. The suits are at our doorstep per each. And how many of you weren't aware of that, that the decision within the next seven days is going to be on those seven major asset managers. Now, after the August 29th ruling in favor of Grayscale, the regulators have 90 days to file an appeal with the US Supreme Court or apply for an en banc review where the full circuit court can overturn a ruling made by a three judge panel. However, the SEC hasn't made clear what the next move will be. If the SEC doesn't appeal, the court will need to specify how its ruling is executed, which could include instructing the SEC to approve Grayscale's app or at the very least revisit it. But either way, Safer only saw two viable options for the regulator. The first option is to concede defeat and approve Grayscale's conversion of its GBTC as a Bitcoin spot ETF. But alternatively, the SEC would need to revoke the listing of Bitcoin futures ETFs entirely or deny Grayscale's app based on a new argument, says Safer, quoting him here, the second potential avenue is to deny on reasons not used before yet, which I have been saying for months could have to do with custody or settlements of Bitcoin, which is not something that futures ETFs have to worry about. The SEC has made a lot of noise around custodians. However, fellow Bloomberg ETF analyst, Eric Balchunes, considered the odds of the SEC revoked in the Bitcoin futures ETFs as highly unlikely because of the SEC reported openness to Ethereum futures ETFs, in which he makes a great point, quoting Eric here. This guy turned the last paragraph of Judge Rao's legal smackdown today into a MGMTS stylish banger, really captures the modern. Well done. Well, so there you have it. I guess this is some song I haven't even listened to yet. So I'll jam to it a little later on. We'll see if it's any good. But anyways, fam, how do you think this is likely to play out by the SEC? Do you think they're likely to approve any of these seven ETFs or do you think they'll just continue to push it back until next year? Let me know your honest thoughts in the comments right down below. Now let's dive deeper with the latest breaking news regarding the grayscale ETF and their conversion of their product into a spot ETF. And did you know that their product literally has over 600 ,000 BTC? Hence, they'd be the perfect candidate for a spot Bitcoin ETF because they already hold the underlying asset. They don't need to purchase it. So I mean, they'd be a prime candidate along with BlackRock. Which one will get approval first is the million dollar question, but let's break it down. In a seismic shift for the Bitcoin industry, the DC Circuit Court ruled in favor of grayscale investments yesterday, which is breaking news, which we've been hearing all across social media. Now, Jake Stravinsky, the chief policy officer at Blockchain Association, described the ruling as massive, emphasizing it's extremely rare for a federal circuit court to find an agency like the SEC in violation of the Administrative Procedure Act. Stravinsky stated that the DC Circuit soundly rejected the SEC's view that grayscale's ETF proposal was not designed to prevent fraudulent and manipulative acts and practices. So good for them. He also pointed out that the court did not order the SEC to approve the proposal, but rather mandated a review of grayscale's proposal with the court's ruling in mind. Stravinsky speculated on two possible scenarios for the SEC's next steps. One theory suggests the SEC could find another reason to include no clarity Gary towards crypto. And alternatively, the SEC might take this as a semi graceful exit from their anti ETF stance, especially under political pressure from traditional finance sectors ready for a Bitcoin ETF as we are long overdue. They first rejected the first Bitcoin ETF for a spot in the United States over a decade ago. And the app was from the Winklevoss twins with Gemini, just FYI. Now, many other issuers have proposed ETFs this year, include BlackRock and Larry Fink throws heavy punches in DC. Therefore, here's what the lawyer thinks. The only question is if the SEC wants to make this more painful for itself. Trust me, if there is another denial, there'll be another lawsuit. I strongly recommend that the SEC picks sooner. Let's see. Now, James Safart, the ETF analyst over at Bloomberg, corroborated the significance of the ruling stating it's a complete and utter rebuke of the SEC spot Bitcoin ETF denial orders. And quoting him here, I was initially thinking something like a deadline of 45 days or 60 days, but nothing in here saying that. However, he noted that the SEC has 45 days to file for that en banc hearing, which would involve all 17 judges on the court, good Lord, as opposed to the initial subset panel of only three judges. The Bloomberg analysts also outlined two main motions for the SEC. If they still wish to prevent the spot Bitcoin ETFs from listing, they either need to revoke the listing of Bitcoin futures ETFs or denied based on new reasons, possibly related to custodial or settlement issues, which have been a focal point for the SEC staff accounting bulletin 121. Now, Adam Cochran, partner of CEHV added another layer to the timeline speculation. He alludes to the SEC's pending decision on six other Bitcoins spot ETF filings due by September 1st for Bitwise and September 2nd for BlackRock, Fidelity and others. Here's what he had to share. Some folks are getting ahead of themselves thinking that grayscale decisions means bulk approval of ETFs by this Friday. Likely not the case. My hunches were looking at a late October, November timeline for an approval still, unless the SEC appeals in which case next spring. Now I'm not a gambling man, but if I was a gambling man, I just want to throw out there. I don't think the SEC has any intention to approve a spot Bitcoin ETF in the United States anytime soon because their actions demonstrate the complete opposite. The only thing they have interest in approving are more futures ETFs so they can continue to manipulate the markets through derivatives, which are financial weapons of mass destruction. Quoting Warren Buffett, it is what it is, but nonetheless, this is still a victory overall because they could only push it back for so long. And especially with BlackRock demanding, I shouldn't say demanding, but in so many words, they're the one that started this domino effect with new ETF apps arising with the SEC. They are the largest asset manager in the world, controlling over $10 trillion in assets under management. So I think if Larry Fink wants something, it's going to get done. But the million dollar question becomes when? I think they're going to push it back this year and probably spring next year, we're going to finally start to see the approval of spot Bitcoin ETFs in the United States. And as soon as we get that approval, that can help usher in literally trillions upon trillions of dollars that are currently sitting on the sidelines directly in to the best crypto asset in the world, which is none other than BTC. If you'd love to see that happen, let me know. And by what date or deadline do you think we're likely to get that first approval? And you already know once that approval comes, money is going to start ushering in and the Bitcoin price is going to go parabolic and in perfect time because we also have another major bullish catalyst around the corner. Six months out, the scheduled halving is estimated to be sometime in April of 2024. So between the ETF apps being approved by the United States regulators and the Bitcoin halving, I couldn't be more bullish on Bitcoin right now, which leads us to our next story of the day, which is going to be a $1 billion prediction from one of the largest asset managers in the world, which is Fidelity. Let's break this down. Then we'll dive into our live Q &A. Make sure to say hello in the live chat. Let me know where you're tuning in from. A massive shout out to everyone interacting. I greatly appreciate all the continued support. So here we go. $1 billion. That's a lot of zeros. That is nine to be exact. In 2021, a billion dollars seems like a lot of money. FYI, Fidelity initially made this prediction in 2021. I also want to point out here from some tweets, Fidelity head of sales, quoting them here, we started mining and accumulating Bitcoin all the way back in 2014. I bet you a lot of you did not know that. This was kind of under the radar, but they have been accumulating BTC almost for the past decade. So is this a surprise that they're predicting a $1 billion Bitcoin price by 2038? They're putting their money where their mouth is. But anyways, we have Julian Timmer, Director of Global Macro Fidelity, believing that one Bitcoin could be worth $1 billion per coin by the year 2038. Send it and let's go. Timmer also believes that the orange coin could hit $1 million before this decade is over, which means by the year 2030, roughly seven years away. So that would represent a 20X multiple, the current Bitcoin market price of 48 ,000. But now obviously we're half that price of what we was. So that would now be 40X. And I know anyone can make predictions like that, but Timmer lays out his cause using his own valuation model and another well -known model, which we all know here on the channel, known as the stock, the flow. Timmer's demand model is based upon Metcalfe's law. Metcalfe holds that as the number of users of a network grows linearly, the value of the network grows exponentially. Thus, if the number of users doubled, its value would grow at four times or the square of two. Now Timmer's demand model grows steadily to about $1 million by the chart. Now, by contrast, now let's discuss the stock to flow model created by synonymous analysts. Plan B is based on the supply of new coins growing at a decreasing rate each year. This occurs because of the built -in happenings every four years. So given increases and adoption and demand, the result will be prices expanding exponentially. Indeed, the price of Bitcoin has grown approximately 10X every four years. Take that, Peter Schiff. These are facts, not just by 50 % slowdown in supply, pretty powerful stuff. That's right. Now, stock to flow predicts even faster growth in the price than does Timmer's demand model, especially after the year 2030. As I commonly cover here in the show, the stock to flow model is projecting roughly a half a million dollar Bitcoin price past the halving in 2024. In fact, the model shows a very wide array in their expectation, anywhere from a hundred thousand to a million dollars, with a half a million being dead in the middle, hence in a couple of episodes previously, if you missed it, we discussed Plan B's most recent prediction, which he shared on his YouTube channel, that he believes the Bitcoin price will be north of $530 ,000 per coin proceeding the Bitcoin halving in 2024. But let's get back to this math. This is the stock to flow model you're looking at right here. Now let's go back over here. This is some more insights. Timmer stated the value of the dollar changes in relation to other assets. And he further pointed out that just a dollar invested in stocks in the 18th century would be worth $4 billion in today's money. Isn't that insanity? Talk about super hyperinflation. So going by this assumption, $1 million in today's money can be worth a billion dollars in 20 years time. Good Lord. You better start stacking them now, fam. So changes in the dollar's value, especially depreciation over several decades, render the same amount with less purchasing power, which is why huge sums back then appear less by today's standards. For instance, $1 million can purchase a lot of significant things a few decades ago, but in today's perspective, reasonably higher end houses in the US cost between, I would say $200 ,000 and $500 ,000. The same $1 million may not suffice for the same class of houses today. This is a fact. Just here in Puerto Rico alone, I've seen the real estate market literally shoot up 100 to 300 % since moving to this island roughly four years ago. And that's not just an exception to the rule. It's all across the United States, hyperinflation. I mean, check out the rent prices. That will give us some insights to the true nature of inflation. You can check out Zillow, check out real estate five years ago in comparison today, and you'll probably see something quite similar. But anyways, there's an increasing number of billionaires across the globe. Facts. Some observers even believe we may see the first trillionaire in this lifetime. I think it could potentially be CZ, the finance CEO, or even Michael Saylor of MicroStrategy. Now, the same applies to organizations with several companies now passing the $1 trillion mark valuation cap. Fidelity previously pegged Bitcoin to hit $1 million in initial prediction made by Jerry and Timmer by the year 2035. However, he ultimately said, we're way too conservative. Let's move this target on up from $1 million by the year 2035 to $1 billion by the year 2038. So there you have it. Do you feel the Bitcoin price can likely exceed their conservative target of $1 million by the year 2030 within the next seven years and hit as high as $100 million to $1 billion per coin by the year 2038? Let me know your honest thoughts in the comments right down below. 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.
A highlight from Trump Mugshot Merchandise? with Rudy Giuliani and Kane
"We are representing a second whistleblower from the FBI, Marcus Allen. Due to whistleblower retaliation by the FBI, I've been suspended without pay for over a year. Because of you, ACLJ donors, you get the best attorneys in the world. Hey, everybody found the Charlie Kirk show. Rudy Giuliani and Citizen Kane join us. Rudy Giuliani is going through a tough time right now. We have to back him. Email us your thoughts as always freedom at charliekirk .com and subscribe to our podcast and get involved with Turning Point USA at tpusa .com. That is tpusa .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. We have a tendency on this show to ignore all the chatter from the Vichy French Republicans. When somebody is under attack unjustly, they always have a place on the Charlie Kirk show. We've done this over the last couple of weeks, especially, and we're going to keep on doing this. And America's mayor, a decent man, an honorable man, is under attack in a disgusting way. And I think we all have to rally behind Rudy Giuliani. Rudy Giuliani has done nothing wrong. Rudy Giuliani is under attack because he was loyal to Trump and loyal to the country. And he joins us now. Mayor Giuliani, thank you for taking the time. First, how are you doing? And your response now being booked in Fulton County, Georgia. Well, thank you very much, Charlie, for that introduction. And I respect you for doing this, not only for me, but for all of the other people that are unjustly charged who maybe don't get as much attention. I have the benefit of getting a great deal of attention for what's been done to me. I have tremendous experience in this area, and I've been through far worse than this. There are a lot of people going through it for the first time, and it's terrible. But it's almost impossible to describe if you were brought up like a normal American. I wake up mornings thinking I'm not in America. I wake up mornings thinking I'm in what used to be described as the Soviet Union or East Berlin or maybe even Nazi Germany. The idea that people can be charged based on politics, even if you just posit the following. Right now, we have under indictment based on the indictments of four different Democrat district attorneys, all very questionable different attorneys. The strongest and most powerful candidate of the opposition party for president, who was the prior president. Now, that never happened in America before because we're a democracy and a country of laws. It does happen in communist countries, fascist countries, Nazi countries and totalitarian states. If that doesn't frighten the hell out of us, nothing will. So, Rudy, walk us through, I mean, you in a different time, you were one of the top prosecutors on the planet going after actual RICO cases, actual gangsters. And for doing nothing wrong now, they are coming after you for the same sort of similar charge that you once prosecuted. They don't know RICO if it hit him across the face. No, they don't. I mean, they've made unbelievable errors. I wish that the professor who wrote this, Professor Blakey, could be here because I think he'd give him an F minus. You know, missing from the RICO case is the extortion. People say, well, is it organized crime? And actually, it's crime by a very large organization over a very long period of time that has at the core of it very serious extortion. For example, if Trump had called the AG and said, get me 11000 votes, which, by the way, the president meant out of the 200000 that you and I know was stolen. And I know that for a fact, because that AG had sitting in his desk a report that he was hiding that virtually says that. Now, nobody tells you that, but it came out eight months, eight months later with a John Solomon request. FOIA But in any event, it would have to have been magic words there, words like, if you don't do it, I'm going to break your legs. If you don't do it, I'm going to shoot your wife. Those are the cases I prosecuted, not cases where people are persuading, people are debating, people are even arguing. We're all entitled to do that because of the First Amendment. What we're not entitled to do is to threaten harm and we're actually entitled to threaten harm as long as we don't have the means to carry it out. But we didn't even get to that stage. So this is a ridiculous RICO case. It's a ridiculous case to start with. And the worst part of it is it's a frontal attack on the First Amendment to the United States Constitution. It will deter other people from contesting elections that may very well have been stolen from them. And the only way they're going to find out is to go to court and aggressively argue their position. And this is in order to ensure a single party state. That's exactly right, Mr. Mayor. So I need to ask you, do you think that part of the reason they went so wide on the RICO is to try to get you to turn against Donald Trump in a multilevel kind of gangster type indictment? Do you think that's what they're trying to do here, Mr. Mayor? Yeah, I mean, they could get me to turn on Donald Trump and Donald Trump would turn out to be innocent. I mean, people say to me, are you going to cooperate? I'm happy to cooperate. I don't know a single damn thing that suggested Donald Trump committed a crime. You want me to tell you what happened? I'd be happy to tell you what happened. And look, I've already, Charlie, gone through my house being raided, my iCloud account taken for three years and spied on. And the day they took my iCloud account was the first day that I represented Donald Trump. And the day they gave it up was the day that I stopped representing him. So they took it in order to spy on Donald Trump. And then about eight months ago, they wrote a letter to the grand jury after costing me three or four million dollars in my law practice that there's no evidence over 20 years that I committed a crime. And then this Fannie Willis comes up with this garbage in Atlanta, which is me being a lawyer as well as Professor Eastman and the others. We were acting as lawyers. I mean, you used to think you got some protection for that. But Donald Trump has no First Amendment rights. Donald Trump has no right to counsel. I mean, they raided my law office. When I was a prosecutor, which I did a lot better than they ever did, I never raided a lawyer's office. Yeah, and I had lawyers representing the mafia, terrorists, Nazis. I had a lot better reason to do it than in an election dispute. So this is an assault on our Constitution. No one is exaggerating. And the president certainly isn't. When he says to people, it is very likely this administration continues. This can happen to you. So, Rudy, you're going to have to defend yourself. And in this particular venue, how can people help you with your legal fees and the costs associated with that? I'll get for you the exact place. But we have a legal defense fund, which they can help out with. It'll allow us not only to defend ourselves, but to become more aggressive and to go after them and try to get the information that they have. Because the strange thing is, Charlie, the crimes being committed here are being committed by them. I mean, this is Chapter 7. This is Chapter 7 in a book that begins with a Russian collusion. So that book has a conclusion, right? That conclusion is Democrats lying, Trump, Giuliani, Republicans telling the truth. And then there's another book, Improper Conversation with Ukrainian President Leading to Impeachment. That has a conclusion also. Democrats lying, particularly shifty -shift, Trump, Giuliani, Republicans telling the truth. Then we got the hard drive for which, if you go back and pick out the last debate, you see Biden accusing us, the president and I, of being Russian pawned. In fact, he calls me specifically, Rudy Giuliani, a Russian pawn. Well, that ends up 16 months later with Democrats and Biden lying, Trump, Giuliani and Republicans telling the truth. Now, I go on and on. There's no reason to believe that these aren't going to end up the same way. The sides didn't change here. I mean, the lifetime criminals, the Biden crime family didn't all of a sudden change and become honest. Believe me. If you could get that link or whatever for us so that we could promote it. I'll get the link for you. OK. Yeah. I just want to reiterate here on The Charlie Kirk Show, we are proud to be a place of political asylum. If you're under attack, you're going through a crisis and you're a good person. You are welcome on this program. Most of the Vichy French media run away. Oh, we don't want Rudy. We don't want that's not what we do here. One of the reasons why the left is taking over the country is we turn our back on our own far too easily. We're here to change that. Rudy Giuliani has done great service to this country and he is welcome anytime.
A highlight from Episode 117 - Gitcoin Grants 18 Special!
"Welcome to the Crypto Altruism Podcast, the podcast dedicated to elevating the stories of those using Web3 for good. I'm your host Drew Simon from CryptoAltruism .org. Now before we get started, a quick disclaimer. While we may discuss specific Web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice and please make sure to do your own research on investment opportunities or any opportunity, including its legality. And now, let's get on to the show. Welcome, welcome to episode 117 of the Crypto Altruism Podcast. We have a special one in store for you today because it is Gitcoin season. It is the 18th Gitcoin Granting Round which is unbelievable, so in this episode we are going to focus exclusively on Gitcoin and the current Granting Round. It will be a Gitcoin variety show in a sense, so I hope you enjoy listening to it as much as I enjoyed producing it. We're going to start off with a short overview of Gitcoin for those who aren't as familiar with it as well as an accessible introduction to quadratic funding, the super innovative matching funds mechanism behind Gitcoin grants. Don't worry, it's not as complicated as it sounds. We're then going to highlight 10 incredible projects in this round with short clips from a member of their teams, introducing their project and the inspiration behind it. For more information on each of the projects, definitely make sure to check out the show notes for links to their grants. I've personally supported each of these projects with a small donation and certainly encourage you to do the same. And I of course have to take a quick moment to shill our project as well, because that's what Gitcoin season is all about. For our project, which is in the Web3 Communion Education Round, we have an ambitious plan to grow crypto altruism into an important tool for onboarding nonprofits and changemakers to Web3, and we need your help. We are developing a Web3 changemaker toolkit that will give nonprofits everything they need to leverage Web3 tools, whether it's accepting crypto donations, engaging in an NFT fundraising campaign, tracking impact with blockchain, or developing a DAO to grow their movement at the grassroots level. We'll also be publishing a special 10 -part podcast series, with the first episode coming out only a couple days after this episode. In this podcast series, we'll focus on case studies of nonprofits who have successfully used Web3 to advance their mission. I won't go into all the details right now, but make sure to check out our show notes for a link to the full proposal. We'd be honored to earn your support. Anyways, let's jump right into the episode. For those who don't know, Gitcoin Grants is an incredible platform that allows individuals to propose Web3 public goods projects for funding, and allows community members to donate to projects they care about. But what is truly amazing about Gitcoin Grants is that it uses a cool matching mechanism called quadratic funding, which means that projects with the most widespread community support get the most matching funds as opposed to a straight dollar for dollar amount. In essence, by making a small donation, you're placing a vote for the projects that you feel deserve the most matching funds. To explain it a bit better than I am, I can't think of anyone better than Connor O 'Day, Grant Ops at Gitcoin. So I'm going to share a short clip from episode 94, where we had the pleasure of chatting with Connor and learning about quadratic funding. Quadratic funding is a way for individuals to express their interests and allocate funding within their communities in a more democratic and pluralistic way, which amplifies donations made by a large community rather than which essentially weights donations from a large amount of people over a small group with, you know, that were wealthier can make big donations. Right. I guess the way we like to phrase it is quadratic funding is a mathematically optimal way to fund public goods in a democratic community to kind of take a step back. The way it works is we'll raise a matching pool of funds and then run these donation rounds for a fixed time period where anyone can donate to a project they want to support and that donation hurts matching. But the signal from 100 people donating one dollar to a certain project is much stronger than the signal of, you know, one or two or three people donating like a thousand dollars. So it sort of weights the community preferences of the majority higher than, you know, the preferences of like the most wealthy. A big thank you to Connor for that excellent explanation. Now that we've got a bit of an understanding of the Gitcoin Grants process and quadratic funding, let's dive into some of the incredible projects participating in this round. To kick things off, we're going to start with Solar Foundation, whose mission is to accelerate access to off -grid solar energy for underserved communities in emerging markets. To introduce her project, we have a short clip from Colleen Chase, who is actually an OG in the Gitcoin community as well. Take it away, Colleen. Hi, I'm Colleen Chase, co -founder of the Solar Foundation. Did you know that according to the IEA, over 600 million people in Africa lack access to electricity? Imagine a world where everyone has access to clean, renewable power, especially those in traditionally underserved climate vulnerable communities in Africa. That's the mission of the Solar Foundation, to harness the power of the sun plus the power of blockchain to accelerate access to off -grid solar power and work towards achieving SDG number seven, universal and clean energy access by 2030. At the Solar Foundation, we believe that decentralized clean energy is a public good. Through our work in Uganda, Nigeria, and Puerto Rico, we've seen how off -grid solar solutions have a profound impact on people's quality of life. Are you looking for meaningful climate action you can take today? Help us fund access to more solar energy. Donate to the Solar Foundation's grant in the GG18 Climate Solutions Round. Thank you to Crypto Altruism for featuring our project, and please check out our partners too, Iowaca Uganda and Helpers Social Development Foundation. Together, we can bring light, power, and climate resilience to those who need it most. Wow, what an incredible project. Next up, I'm excited to introduce a project that has a very important mission of increasing indigenous people's agency within Web3, and that project is Micellia.
A highlight from 1376: This Will Send Bitcoin to $1,500,000 - Cathie Wood
"In today's show, we're going to be breaking down the latest technical analysis, as well as Michael Saylor, MicroStrategy and Bitcoin, three years after, now at 153 ,000 BTC on their balance sheet. We'll also be discussing Bitcoin's secondary scare now playing out, warrants top analyst Benjamin Cohen. But how low will the Bitcoin price plunge? We're going to be discussing that. As well as one catalyst which can trigger the Bitcoin price to explode by more than 450 % predicts fund strats. Tom Lee will also be discussing rich dad Robert Kiyosaki predicting Bitcoin rising to a million dollars per coin and gold hitting 75 ,000 while silver hits 60 ,000. If the world economy crashes, we'll also be discussing Cathie Wood confirming her one and a half million dollar Bitcoin price forecast for the king crypto. 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 rumble channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. With that being shared fam, welcome everyone. This is podcast episode number 1376. I'm your fearless host JV and today is stacking Saturday, it's August 19th, 2023. Let's kick it off with our market watch as we do each and every day. We got Bitcoin still in the red unfortunately, but maintaining that 26 ,000 support. We have Ether and many of the alts back in the green, but barely after one of the biggest bloodbaths we have experienced in several months, we have Ether maintaining 1600 and it's just above one trillion. So the entire crypto market cap right now is only a trillion dollars. Isn't that insanity? Now there's 26 billion in volume at the past 24 hours with Bitcoin dominance currently at 48 .1 % with the Ether dominance at 19 % even and checking out the top 100 crypto gainers in the past 24 hours, we have SUI up about 16 % trading at 55 and a half cents, followed by Hedera, HBAR up 11 and a half percent trading at six and a half cents, followed by AKT up 11 % trading at $1 .55 and checking out the top 100 crypto gainers for the past week. Finally, we have many of the alts back in the green, but we have to keep in mind the massive bloodbath with over a billion dollars worth of liquidations practically in the past 48 hours. So naturally a lot of these altcoins are bouncing back after 20, 30 % losses and checking out the crypto greed and fear index, we're currently rated a 39 still in fear. We were in fear yesterday at a 37 last week was a 54 neutral and last month a 56 in green. Greed. So there you have it. How many of you have taken advantage of this recent dip? Please do let me know. BTFD and Staccanem Sats, dollar cost averaging is the name of the game, especially if you're in this for the long haul and also want to ask you where my long -term hodlers at, make some noise in that live chat. Now we're going to do our technical analysis a little bit different today. Why not try something new? And yes, I got some color to my skin because I spent the day at the pool here in Puerto Rico yesterday with my daughter and it feels good. Soak it in those sun rays, free vitamin D, D3. Why not take advantage of it? But anyways, now let's break down our technical analysis. I'm using trading view today. You should be able to see this on your screen. Let me know in the comments. We're going to do the one day right now. It's a sell signal. Sell says 14 neutral is a seven and a buy is a five and you're going to check out these oscillators right here. It says buy and then you have the moving averages is a strong sell signal. You're going to see why here in a moment. Let's start with the oscillators, which you should be able to see on the left on your screen right now. Relative strength index we commonly cover, which is the RSI is a buy signal. The commodity channel index is a buy signal. The momentum indicator is a buy signal. The MACD is a sell signal. The Williams percentage range is a buy signal. We got some neutral signals, but let's check out these moving averages. Check it out. Sell, sell, sell, sell, sell. Everything virtually says sell for moving averages except the whole moving average. I'm not even familiar personally with that metric, but all the major ones, the exponential, the simple moving average, et cetera, all in the sell zone. Very interesting to say the least, but I want to know how many of you took advantage of this dip or are you expecting and anticipating the Bitcoin price to drop even lower? If you're one of those expecting a lower drop, how low would the Bitcoin price likely go? Let me know your honest thoughts in the comments right down below. With that being shared, now let's break down the latest with Michael Saylor and MicroStrategy because it was exactly three years ago today he got his infamous Bitcoin position and now today they hold over 153 ,000 BTC on their balance sheet, which is no joke. Some say when Bitcoin hits new highs, Michael Saylor is going to be amongst the richest persons in this world. That wouldn't surprise me whatsoever, especially with his attitude of there is no second best and continuing to accumulate Bitcoin and never selling, he said, for hundreds and hundreds of years to come, so we shall see how that plays out. All I know is Michael Saylor and MicroStrategy is the smart money, Cathie Wood is the smart money, and I like watching the smart money and not listening necessarily to what they say, but more importantly, always watching what they do. I'm watching you. You know what I mean? Anyways, fam, let's break it down. MicroStrategy's co -founder and executive chair, Saylor, who served as the company's former CEO for over 30 years, continues to remain bullish on Bitcoin three years after his publicly traded business intelligence company decided to make its first Bitcoin purchase. That's right. If you missed the memo, Michael Saylor, his company MicroStrategy was the first publicly traded company to put Bitcoin on its balance sheet. Saylor also made a big price prediction for the asset, believing it could exceed a million dollars per coin. I say that's conservative because I've covered Michael Saylor predictions here on the show of him talking about a $14 million Bitcoin price. Real talk. Now, MicroStrategy made history and headlines. It was August 11th, 2020, virtually three years ago after becoming the first publicly traded company to purchase Bitcoin. The firm initially hinted back in July of 2020 about its plans to invest in assets such as Bitcoin or gold rather than holding cash as a way to escape inflation, with the company later deciding to buy Bitcoin worth a quarter billion, 250 million, and adopting it as a primary treasury reserve asset. And how many of you remember the infamous quote where he compared keeping cash on the balance sheet as a melting ice cube? I'll never forget that personally. And according to Saylor at that time, who was MicroStrategy's CEO, the decision to go for Bitcoin was made because of the crypto, served as a better hedge against inflation and had a higher return on investment compared with other assets. Now, that purchase marked the beginning of several investments amid the crypto's volatile price movements, causing the company to hold a large Bitcoin stash. And in June of 2023, Saylor announced that the business intelligence giant bought 12 ,333 more Bitcoin for $347 million, making it one of the company's largest purchases in a single quarter since second quarter of 2021. And as of July 31st of this year, MicroStrategy officially holds 152 ,800 BTC, which the company said was purchased for roughly $4 .5 billion at an average price of $29 ,672 per BTC. Now the business intelligence software firm is the largest corporate holder of Bitcoin. Besides corporate holders, we have the Grayscale Bitcoin Trust, and they literally control over 400 ,000 BTC, just FYI. Meanwhile in a December 2022 SEC filing, MicroStrategy revealed it sold 704 Bitcoin to generate tax benefits. The sale was a first for the company with the action contrary to the previous statement by Saylor, who said that MicroStrategy would never sell any of its stash. Now Saylor is known as one of the biggest Bitcoin supporters and has continued to promote the asset as far superior to gold, which is fact, calling it digital gold. However, he has not always not been pro Bitcoin. I mean, there was a time it was actually against it. There's an infamous tweet dating back to 2013 stating it would suffer the same fate as online gambling. Meanwhile, online gambling seems to be soaring and thriving better than ever before. And the same thing with Bitcoin. Go figure. Even not a rocket scientist can be right every single time, right? But Saylor's view on Bitcoin has since changed and you got to respect he had the balls to change his opinion publicly. How many people like Peter Schiff refused to ever change their opinion, regardless of how wrong they clearly are. You know what I mean? Now the MicroStrategy executive chair in May of 2022 said the Bitcoin price can go into the millions per coin while stating it is the future of money. We know this is a fact. The following month, Saylor predicted Bitcoin price would skyrocket to a million dollars. And later in September of 2022, the exec said the crypto could be valued at 500 ,000 in the next 10 years if it matches the market cap of gold. And for context, Bitcoin's market cap is currently roughly 570 billion, while gold is currently estimated to be $12 .8 trillion. Now also, Saylor seemed to be unfazed by the ongoing enforcement crackdown on the crypto sector by the SEC, stating the regulators actions could benefit Bitcoin by boosting the asset's price and increasing its market dominance share to 80 percent. Could you imagine Bitcoin continuing to eat these altcoins kind of like Ms. Pac -Man? You know what I mean? I think it's likely to happen in just a matter of time. And Saylor, who served as the CEO of MicroStrategy for 30 years, left his position in August to become the company's executive officer, with MicroStrategy president Fongli serving as the CEO. The American business exec explained that his new role will help him better focus on the firm's Bitcoin acquisition strategy and related Bitcoin advocacy initiatives. So there you have it. The man just wants to focus on stacking more sets. You can't blame him. Much power and respect to him. Shout out to Michael Saylor. If he is one of your favorite Bitcoiners, do let me know. And which one of your favorite Saylor speeches? One of mine is, there is no second best. There's Bitcoin. And you got Bitcoin. Shout out to Saylor. Anyways, fam. Now let's cover our next story of the day and discuss when do you feel the bottom will be in for Bitcoin? Do you think the bottom is already in at 15 .7 or do you think we have lower to go? Let's see what some of the top analysts have to say. This is Benjamin Cohen. Cohen tells his 800 ,000 YouTube subs the current crypto downturn is in line with a pattern that occurs every four years. Quoting him here. The idea behind the secondary scare in crypto comes from the fact the S &P 500 tends to get a correction in August for September of its US pre -election year. As we know, we have a big presidential election in the US next year along with that having. So if we were to look at the 2023, you can see the S &P is in fact getting this correction, which we talked about. The S &P 500 is down a little over 5 % since the start of this month. And according to the widely followed strategist, Bitcoin has plummeted by between 39 and 83%. During the previous secondary scares, quoting him here in 2019, once the secondary scare got underway, once we got below the 20 week moving average, right, or the weekly candle that led us below it, Bitcoin dropped yet another 61%. This one, 2015, was about a 40 or 39 % drop. Then in 2011, you had an 82 .5 % drop before we actually finally bottomed out in the secondary scare. In all three cases in the pre halving year, the S &P dropped in quarter three of the pre -election year, and then Bitcoin entered into a downtrend for a while. And we have three examples, one where we went down about 80%, one where we went down about 40%, and one we went down about 60%. So on how long Bitcoin could fall going by historical precedent, Cohen outlines three scenarios, quoting him again. If it's a 40 % drop similar to 2015, 40 % drop puts Bitcoin at $17 ,500, OK? That would be the lowest. This would basically correspond to his 2015 move that would put Bitcoin at $17 ,500. A 61 % drop, which is what we experienced in 2019, would put it at around $11 ,400. And an 80 % drop would put it much lower, which I will say, I don't think it is going to go nearly that low. And to watch this video he did entitled, Bitcoin, the Secondary Scare Has Begun, check the show notes below the video in the description. And what are your thoughts? Do you agree or disagree with the analysts? My personal thoughts, the lows are already in. They were in a long time ago at the end of last year. We hit that $15 ,700 level. I personally am very skeptical that we'll ever see a sub $20 ,000 Bitcoin price ever again. But I could be wrong in the same token. That's my personal opinion. Is that OK? I'm just telling you how I really feel. I think it's a great discount to take advantage of buying Bitcoin right now, considering the all time high in November of 2021 was roughly $69 ,000. So you tell me the math, where are we at, like a 60, 70 % discount from the top? Not too shabby. I would be stacking stats like there is no tomorrow versus, oh, let's sell my entire Bitcoin stash and buy it back at $15 ,000. What if you're wrong? We don't go sub $20 ,000 and you lose out on a massive position. That could happen as well. I don't like gambling. I'm in this for the long haul and there's nothing like the real thing, baby. And that's the fastest horse in the race. That's the king crypto. We call it VTC. And with that being shared, fam, now let's discuss an $180 ,000 Bitcoin price prediction by the one and only Tom Lee of Funstrat Global Advisors, managing partner Tom Lees, is one of the catalysts which can spur the Bitcoin price to hit. Six figures is going to be Bitcoin ETF approval. Let's break down this Bitcoin ETF, because that's what everyone is talking about right now, right? Quoting him here from this interview, he says, if the spot Bitcoin ETF gets approved, I think the demand will be greater than the daily supply of Bitcoin. And so the clearing price, this is done by Sean Farrell, who is our crypto digital strategist, is over $150 ,000. It could even be like $180 ,000 per coin. A spot US because a spot Bitcoin ETF is approved outside of the US. When they asked him, do you think there will be a spot Bitcoin ETF? And with Bitcoin currently trading at what, roughly $26 ,000, that means he's predicting an appreciation between 467 % and 580%. Let's go send it. Now, on Bitcoin's likely price action, if a spot Bitcoin ETF fails to win approval in the US, Lee shares the following, they're still upside because of the halving next year. Yes, so you have a drop in supply again, so the clearing price has to increase, but it won't be six figures. So he's ultimately saying if we don't get the ETF approval, we can still go to six figures eventually, but not as soon as we would anticipate with the approval of a Bitcoin ETF. So according to the Bitcoin bull, the Federal Reserve's monetary policy going forward will impact crypto assets, quoting him again from this interview. Crypto is dependent on monetary policy, so if inflation is cooling, then we can start to bet on forward financial conditions, easing, and the central bank easing sooner. That's bullish for crypto as well as alternative assets. To watch this video he did on this interview, inflation is on the glide path towards sub 2 % by the middle, check the show notes below the video in the description. Let me know if you agree or disagree with Tom Lee, virtually predicting that the Bitcoin price will likely see 150 and 180 ,000 per coin between that range coming up here in the near future. And again, I'm going to read everyone's comments out loud, so please let me know where you're from and any comments or questions, address them right now in the live chat. Now let's discuss Robert Kiyosaki, the famous Rich Dad Poor Dad author, and his $1 million Bitcoin price prediction, followed by the one and only Cathie Wood of ARK Invest with her doubling down on her $1 .5 million price prediction and how she got to those numbers, you know, dates, et cetera, and everything that comes along with it, and then we'll dive into our live Q &A. Massive shout out to Kiyosaki, Rich Dad Poor Dad was a very influential book in my young adulthood, which absolutely impacted me in a positive way. So give kudos and flowers when they are due. In a tweet on Monday, Kiyosaki explained that while he expects the price of Bitcoin to reach $100 ,000 per coin in the near term, he believes that it can soar to a million dollars, while gold will rise to $75 ,000, I take it he means an ounce, and silver trade at $60 ,000 an ounce if the world's economy crashes, noting, he has been saying for years, that gold and silver are God's money, while Bitcoin is people's money, and he also wrote the following, bad news, if stocks and bond markets crash, gold and silver skyrocket, worse news, if the world economy crashes, Bitcoin will rise to a million dollars, gold to $75 ,000, and silver to $60 ,000. Now would you consider this bad news? If the markets crashed and Bitcoin skyrocketed to a million dollars, that'd be the best news of my life besides the birth of my daughter, just saying. He added that us savers who hold the US dollar will be called fake money, they'll be in serious trouble, noting that the US national debt is way too high, preach. Kiyosaki often said that gold, silver, and Bitcoin are his preferred investments, emphasizing they are the best for unstable times, and following his warning about the global recession, he cautioned in May the world economy is on the verge of a collapse, the renowned author predicted in February the price of Bitcoin would hit $500 ,000 per coin by 2025, the year preceding the halving, and while gold will soar to $5 ,000 and silver will hit $500 during the same time period, he recently started saying that the price of Bitcoin would $100 ,000 this year in 2023, and $120 ,000 next year in 2024, which is the same prediction made by Standard Chartered Bank, and FYI, guess who is the primary shareholder of Standard Chartered Bank? You guessed right, it's BlackRock, and did you know that BlackRock owns even a large piece of micro strategy? That's right, so they're already indirectly invested into Bitcoin, just pointing that out. This week, he urged the investors to buy silver before it's gone, noting that it is more affordable than gold. Kiyosaki has been warning that the US economy is headed for a crash landing, he previously said that America is bankrupt and warned of hyperinflation, the rich dad author has been cautioning that a giant crash is coming for quite some time, many, many years, right? Moreover, he warned that the US dollar will die as the BRICS nations, which include Brazil, Russia, India, China, South Africa, and like 20, 30 plus other nations, plan to launch a common currency, and it's gonna be interesting to see how this plays out and what currency that they select. Could you imagine if BRICS adopted Bitcoin as their currency? Hmm, wouldn't that be a game changer? And also, there's other parts of the world right now with hyperinflation occurring in real time, I think Bitcoin is the only savior, just as it saved El Salvador, and if you translate El Salvador, it translates to the savior, go figure, could it be a coincidence? All by design. Let me know your honest thoughts, fam. And now let's break down our final feature story of the day, that's Cathie Wood of ARK Invest and her prediction of a one and a half million dollar Bitcoin price, send it and let's go, in a forecast case study released in February. Let me know if you can see the screen, I know the text is a little smaller on this particular article, but let me know in the chat, please. ARK Invest presented three scenarios for the crypto market until 2030. The bearish one suggests Bitcoin will just rise to 260 ,000. Not too shabby for a bearish scenario, send it, let's go, while the bullish one foresees a surge to one and a half million dollars per Bitcoin, and in the interview with Bloomberg this week, Cathie Wood said the team's confidence in the bullish scenario has increased. That's great, she's gaining more confidence, let's go. And as you can see outlined here, Bitcoin to likely scale into a multi trillion dollar market, you can see the bear case with a 2030 price target which shows 258 ,500 in this graph on the left, and then followed by that, the base case by 2030 represents 682 ,800 Bitcoin. I'd love that personally, I love all these targets, but could you imagine Bitcoin really hitting 1 .48 million, virtually 1 .5 million by 2030 in a bullish case, I most absolutely can see that happening. Wood believes Bitcoin will continue to establish itself as an insurance option against inflation. And that everyone will want it at the end of the day. Cryptos protect wealth from outright confiscation, great point, inflation and the risk of loss to third parties when stored or transferred. With the adoption of cryptos and the regulatory and legal framework in place, interest in Bitcoin will grow exponentially, I agree 100%. The SEC being flooded with applications right now to launch Bitcoin ETFs clearly indicates the same. ARK Invest teamed up with 21 shares and applied documents ahead of investing giant BlackRock, so they're actually first in line. The SEC has accepted this and other submissions as indicated in public records. A decision is due on 13th of August, but unfortunately, that decision ultimately shared that they were going to push back the decision now until I believe the first quarter of 2024. So sadly, there will be no Bitcoin spot ETF approvals anytime soon this year in 2023. That's the bad news. But some experts agree that BlackRock's participation increases the chances of a positive outcome existing crypto funds have already experienced an influx of capital from institutional investors not seen since quarter four of 2021 when we hit that all time high with over 700 million dollars invested into Bitcoin in just four weeks. So there you have it. And also, you can see here Bitcoin spiral for your cycle and you can see it shows you the bottoms, the halvings, and this is actually a pretty cool chart in this cycle with a record in 2026 Bitcoin will reach the maximum in the range, which is one hundred thousand to a million. I know that's a very wide margin and kind of the same as Stock the Flow model creator Plant B predicting Bitcoin being somewhere between one hundred grand and a million dollars after the halving. And in the next cycle, with a peak in 2030, the price will range from one million to ten million dollars per coin. Well, if you'd like to see a ten million dollar price action, let's freaking go. Now it's currently unknown whether the ARK Invest team was guided by the theory of cycles, but potential investors should consider that forecast and mathematical models give only a idea conditional of further changes. So there you have it, fam. How many of you are in agreement with Cathie Wood of ARK Invest that we likely to see that million dollar Bitcoin price or even above one and a half million by the year 2030, which is roughly seven years out? Let me know your honest thoughts in the comments right down below. 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.
A highlight from 1375: MAX KEISER: Bitcoin Will Rocket to $3,000,000
"Holla at your boy. Lots to cover as the crypto bloodbath continues in today's show. I'll be breaking down the latest technical analysis, as literally there was a billion dollars worth of liquidations. We'll also be discussing SpaceX Bitcoin right down, sparks a massive confusion. The question is, did Elon and SpaceX really dump three hundred and seventy three million worth of Bitcoin, or is it nothing more than FUD? We'll also be discussing U .S. Congressman issues a warning on CBDC says they pose an existential threat to Western civilization. We'll also be discussing tornado cash loses its lawsuit against the U .S. government. I'll be breaking down this report, as well as breaking news. The judge grants the SEC request to file a motion for the appeal with the Ripple XRP case. And Max Kaiser, our fearless leader, quoting him here, Bitcoin has already and will continue to outperform everything else so spectacularly by one hundred X or more that anyone holding fiat stocks, bonds, gold and all the coins, property, etc., will literally be impoverished. 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 rumble channel at CryptonewsAlerts .net. Again, that's CryptonewsAlerts .net. And welcome y 'all just joining us. Now let's dive into our market watch and check out this insanity of this bloodbath currently going on in the Bitcoin market. You should be able to see on your screen. Let me know in the chat. Bitcoin's currently just holding on to twenty six thousand one hundred by a thread. We've already touched in the twenty five thousand range. We're still down six percent for the day. Ether down four percent, trading at sixteen hundred dollars. And some of the biggest losers naturally is some of these alts. XRP down thirteen percent, barely holding on to fifty cents. We have Solana down seven percent, trading at twenty one bucks and also XLM and Litecoin are in the blood red. And checking out CoinMarketCap .com, the current crypto market cap sits at one point zero five trillion dollars, but about seventy billion in volume in the past twenty four hours. So the volume is up roughly fifty eight percent. We've got the Bitcoin dominance at forty eight point three percent, with the ether dominance at nineteen percent even. And checking out the SOT 100 crypto gainers in the past twenty four hours, probably not much, just what you see here. We have AKT, which I have never heard of, up thirty three percent, trading at a dollar thirty nine, followed by Injective up seven percent, trading at seven dollars and seventy eight cents, followed by Tether Gold, which I have never heard of, barely in the green, trading just under nineteen hundred dollars. And virtually the entire crypto market is bleeding in in the red with the biggest losers, including Conflux, Litecoin and XRP for the past twenty four hours. And if you check out the top losers for the past week, yikes. I mean, we're talking about anywhere from ten to twenty, even as high as thirty percent losses, not looking good right now for the alts. And checking out the crypto greed and fear index, we're currently rated to thirty seven, finally back in fear. We have been stuck in neutral and greed for the bulk of the year. We're finally back in fear. Yesterday was a fifty neutral, last week a fifty one and last month also a fifty in neutral. Now, welcome to everyone just joining us. Someone earlier asked in the chat and they're like, yo, smash that down arrow button, dislike this video because he's sharing predictions of millions of dollars. Meanwhile, there's a bloodbath in the market. And I responded like I'm not losing any sleep over this dump. All I do is continue to stack sats and I sleep like a baby. Why is that? Because I'm not an ish coiner. I have the most pristine cryptocurrency, decentralized, incorruptible, unconfiscatable crypto, and the only one that there is and that is Bitcoin. So why everyone else is crying and panicking? I'm stacking sats. I just spent an entire day at the pool with my daughter having a grand old time. I'm not sweating it whatsoever. And I think if you're a Bitcoiner, you feel the same way because one Bitcoin is still equivalent to what? One Bitcoin. Who cares? The fiat crap, you know, value equivalent. It's irrelevant. One Bitcoin will always be equivalent to one Bitcoin. And with that being shared, let's dive into today's Bitcoin technical analysis and check out some of these blood charts we're witnessing right now. Bitcoin stayed near two month lows at the August 18th Wall Street open as the markets came to terms with extreme liquidations, which we can see here not looking so great. And data from Cointelegraph and TradingView showed Bitcoin price action tracking sideways after a single day candle spawned an 8 % loss. Bitcoin saw a cascade of liquidations across the derivative markets, which is used as a financial weapon of mass destruction, with these accounting for an outsized majority amid the relatively lack spot selling. Quoting QCP Capital, In Deribbit, it is likely that a large account got wiped considering the immense short liquidation that occurred together. And as you can see here, shorts are getting wrecked. I mean, so many positions are getting wrecked, obviously. Now, QCP, like others noted that the market reaction to the alleged trigger are right down to SpaceX's $373 million on their Bitcoin holdings, which appeared to be exaggerated. And in our next story, we're going to be diving deeper into this. And is it just all FUD or is there any truth to this story? Now, the total liquidations challenge those seen in the immediate aftermath of the FTX exchange meltdown, the event which resulted in Bitcoin dip into two year lows and the current low of the cycle, which is $15 ,600 back in November of 2022. Quoting the Kibisi letter, This feels like yet another sign of drying liquidity markets have seen over the last few weeks. And for popular trader Rec Capital, here's what he had to share. Bitcoin formed its higher high at $31 ,000 on inclining volume, but the price formed the second half of its double top on the declining volume. And an accompanying chart showed trading volume on the daily timeframes, as Rec Capital warned that capitulation had likely not yet matched the previous selloffs. Quoting him again, Though there was a small breakout in the seller volume on this crash, it is still nowhere near the seller exhaustion volume levels of the previous Bitcoin reversals in which he explained. In fact, current seller volume would need to probably double to reach those seller exhaustion volume levels that prompted the price reversals in early and late March, as well as mid -June. Meanwhile, others were more optimistic as pointing out to the RSI. Every cycle, including the weekly Bitcoin RSI experiences, a fakeout of the bull market start line comes lasting longer than others, and every one of them makes a revisit to the 0 .382 Fibonacci retrace of the move. And with the latest drop, both of those things are now complete. And also QCP points out, We believe that a low now rests on Powell's speech at Jackson Hill next week. And so there you have it. How low do you think the Bitcoin price action is likely to go during this dump? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. Let's discuss everything SpaceX and the FUD circulating in the markets right now. What exactly is causing this mass liquidation of over a billion dollars of positions to be liquidated just like that? Let's break it down and let me know your thoughts also in the comments. SpaceX's Bitcoin write down report on August 18th sparked mass confusion within the crypto community. The report published in the Wall Street Journal puzzled many. Keep in mind, that's the mainstream who questioned whether SpaceX held 373 million bucks worth of Bitcoin and sold it in 2021 and 2022, or whether they only reduced their Bitcoin exposure by the same amount. Several social media outlets reported that SpaceX had sold this entire Bitcoin holdings. Maybe that's what crashed the market, while others expressed uncertainty, claiming they were unable to confirm the amount based on the wording of the report. As pointed out here, I actually read the Wall Street Journal report, and I think Bitcoin magazine is wrong. Yes, the report claims that SpaceX marked down the value of the Bitcoin by 373 million, but that doesn't mean they sold 373 million and sold some, but selling some doesn't necessarily mean they have no Bitcoin left. And I think they make a great point. Then Elon Musk, well, he revealed this in 2021 that SpaceX was holding Bitcoin as does Tesla on his balance sheet. And while Tesla's Bitcoin holdings were made public, there were no estimations around the SpaceX Bitcoin holdings, which have been key to the ongoing confusion. Tesla once held 1 .5 billion worth of BTC purchased during the bull market, but revealed it has sold 72 % of his holdings in quarter two of 2022. The SpaceX write -off claims were also believed to be one of the key catalysts behind the 2000 Bitcoin price drop, although several others denied that being the cause. Musk hasn't addressed the issue as of yet, but the market FUD made him target of Bitcoin proponents who questioned his strategy of buying high and selling low, while a few others called it market FUD. What are your thoughts? Do you think this is nothing more than mainstream FUD published by the Wall Street Journal specifically to tank the markets? Very interesting thought, right? One Reddit user wrote that Musk is running out of cash across all of his companies, suggesting that Musk might sell all of his Bitcoin and doge within the next six months. And users on X also called out Musk for his paper hands, which we commonly make fun of him for quoting them here. Musk appears to be going to toe to toe against Bitcoin and his ex empire. I wish him well, although I don't think this is wise. That's coming from Dr. Jeff Ross. While the dilemma around SpaceX Bitcoin holdings continues, Bitcoin proponents advocated traders to huddle Bitcoin and not fall for the market FUD. I think that's a great point. As pointed out here, SpaceX didn't sell his Bitcoin and neither did Elon Musk. Now sit back, relax, and just some intelligent guys getting $700 million in longs. Don't leverage, be patient, and just huddle. Sage advice, as we all know, huddle be thy name. And when in doubt, try to relax. Get your mind off of the price action. Like I said earlier, I spent the entire day in the pool, soaking up those sun rays here in Puerto Rico, and I'm not losing any sleep over these dumps. I just will continue stacking sats and counting my blessings because I'm a Bitcoiner and not an ishcoiner. And again, the ishcoins are the ones that get wrecked when Bitcoin drops 8%. Some of these altcoins will drop 10, 20, maybe as high as 30%. So that's the wreckage, you know, comes with the territory, no risk, no reward. Obviously, altcoins are very risky, but hence, when they pump, they could be very rewarding at the same time. So you got to find an equilibrium, right? Anyways, now let's discuss the existential threat, says Congressman regarding central bank digital currencies, better known as CBDCs. Let's break this baby down. And again, welcome to everyone just joining. Make some noise in live chat. Let me know where you're tuning in from. This is a very good warning coming from US Congressman Warren Davidson, warning that the central bank digital currencies, better known as CBDCs, can result in a dystopian future. Facts. The Ohio Republican tells his 80 ,000 ex -followers he believes that CBDCs could transform money into a powerful means of governmental control and plans to introduce legislation to criminalize the development of these types of assets. So everyone, please show this Congressman Warren Davidson some love, because I don't know many other congressmen coming out sharing that. And we all know this is fact because we're bitcoiners, quitting him here to make the point crystal clear. I am working on legislation to criminalize designing, building, testing, developing, or establishing a central bank digital currency. CBDC poses an existential threat to Western civilization by corrupting money into a tool for coercion and control. Now, sound money serves as a stable store of value and an efficient means of exchange. Now, Davidson also says he wants to prohibit CBDCs because they threaten other digital assets such as bitcoin and pitting the development of beneficial financial technology, quitting him again. Central bank digital currency poses a serious threat of all digital assets. As I said at a flyover fintech, many people wrongfully conflate even bitcoin with a CBDC. I'd say the average individual knows no difference because they're completely ignorant to cryptocurrency. But if you watch the show, you already know CBDCs are pure evil programmable government money and bitcoin is the antidote. Now, at least most agree that CBDC is evil, the financial equivalent of the Death Star. No, that's true. Now, don't become an accomplice to anyone designing, building, testing, developing, or establishing CBDC. Banning CBDC is essential to America's fintech future. Davidson calls out several entities currently working on CBDCs, including Ripple Labs. That's right. Tokenized assets are not the problem, it's the people. Entities, including the Fed, Ripple, and Consensus and influencers are actively working on CBDC projects. So it's no secret. The congressman says the CBDCs are the complete opposite of decentralized finance and vows to prevent their adoption, quoting him again. Current CBDC versions are centrally managed permission database dependent on digital ID. This is the opposite of DeFi, where the entire computing architecture is designed to protect privacy and enable permissionless peer -to -peer transactions. 100 plus countries are studying, developing, or implementing the same creepy surveillance state technology as China. So there you have it. You have been warned. I warn you virtually every single day on the show to stay away from CBDCs, as Bitcoin is the antidote, and we don't trust the government, and we don't trust their fiat money. Why would we trust their digital version of government fiat money? It would make no sense whatsoever. But anyways, fam, now let's discuss the conclusion regarding the tornado cash lawsuit. Unfortunately for the community, the government won. Then we'll discuss the latest with the Ripple XRP appeal, followed by the latest predictions from Max Keiser, suggesting Bitcoin will continue to outpace every other asset and climb another 100x from the current price, virtually predicting a $3 million Bitcoin price action. And then we'll dive into our live Q &A. So yeah, let's discuss tornado cash. And how many of you have ever used it before? Do let me know. Tornado cash is the most well -known crypto mixing service sanctioned by the US Office of Foreign Asset Control last August. The decision was a result of a long -lasting spat between the regulator and the crypto mixer dating back to at least 2018, when two persons of special interest in the US government were found to be using its services. Now, although crypto mixers do indeed appeal to cyber criminals, their main purpose is to grant extra privacy to those who want it. In order for a crypto mixer to work as intended, the number of beginning users must be much higher than the amount of bad actors using it, with no sizable amounts of assets to mix. The operation falls flat. Now, is this with the distinction in mind that Coinbase supported tornado cash's appeal against the sanctions? Well, as pointed out here, the rights are rarely secured on a path that is always up, and we will continue to believe plaintiff's challenge to OFAC's tornado cash action is right. We have always known that the Fifth Circuit Review is required to resolve these issues. So this is ultimately Coinbase pushing back and saying, hey, this isn't right. The government shouldn't be allowed to do this. Now, also keep in mind that according to the court documents, Torquato Cash's argument focused on its definition as a decentralized open source software project made of smart contracts on the Ethereum blockchain. However, the minting of torn tokens administrated by the tornado cash DAO led the government to believe otherwise. And although DAO is a technically autonomous, the court argued that whoever holds the most funds has the most voting power and therefore re -centralizing decisions in a roundabout way. The case was presided by Judge Pittman of the U .S. District Court for the Western District of Texas, and motivating his decision to turn down the lawsuit, Judge Pittman stated, in the eyes of the U .S. government, tornado cash is indeed an entity with a property interest, and therefore the OFAC sanctions of the crypto mixer do not qualify as governmental overreach. Quoting them here, this case is about tornado cash, but the parties disagree on how to characterize tornado cash. Plaintiffs argue that the designation of tornado cash exceeds the department's statutory authority over foreign nationals' interests in property and violates the free speech clause. The government, on the other hand, argues that tornado cash is an entity that may be designated and that it has a property interest in smart contracts. So unless further arguments are brought forth, tornado cash will remain on the OFAC's specially designated national list, which prevents the entity from doing business with the banking sector and a wide range of businesses. So there you have it. What are your thoughts on this? Do you think this is unlawful and overreach of the government bodies in the SEC? Let me know your honest thoughts in the comments right down below. Now let's discuss the latest with the Ripple lawsuit versus the SEC. As many of you know, Ripple Labs did get a slight victory, and it was determined by Judge Torres that XRP was not being sold as an unregistered security, as the SEC deemed. And so, however, Gary Gensler is not accepting that the SEC is not accepting the verdict from the judge and is ultimately going to be appealing this decision. So let's now break this one down, shall we? Yeah, very interesting indeed. Check it out. Judge Torres has granted a request from the US SEC to file a motion for leave to file for the interlocutory appeal in the case against Ripple Labs. The security regulator sent a letter to Torres August 9th Well, duh. But according to the US law, this appeal occurs when a ruling by trial court is appealed while other aspects of the case are still proceeding. The decision allows the SEC to file a motion by August 18th, which is today, requesting permission to bring a case to the US Court of Appeals for the Second Circuit. Ripple will also be able to file an opposition to the motion. Now, the decision comes just a few hours after Ripple Labs voiced opposition to a potential appeal for the case. Ripple lawyers put forth three main arguments in opposition to the SEC request. They first argued that an appeal requires a pure question of law and that the SEC's request raises no new legal issues that need to be renewed. They also argued that the SEC's claim of an incorrect court ruling on the matter is not sufficient and that an immediate appeal will not advance the termination of litigation proceedings. Quoting their CEO, Brad Garlinghouse, reminder, the request for appeal, even if granted, doesn't change the fact that XRP is not a security. That's not up for debate or trial, but the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. Yada, yada, yada. Now, Torres ruled on July 13th that Ripple's native XRP token is not a security when distributed in public sales, aka exchanges, but that the ruling considered XRP a security and institutional sales. Interesting. The case against Ripple has been ongoing since December of 2020. Holy moly. When the SEC sued Ripple and his two chief executives, including Brad Garlinghouse and Chris Larson, over allegations that the company was offering an unregistered security. And in a recent interview with Bloomberg, Garlinghouse shared his belief that the SEC would face a lengthy appeal process, putting him here, as a matter of law, the law of the land right now is that XRP is not a security. And until there is an opportunity for the SEC to file the appeal, which could take years, frankly, we are very optimistic. He noted, and according to Garlinghouse, an appeal against the retail sales ruling would only further solidify the decision that Torres made. So there you have it. You also have to keep in mind for this to go to the appeal and do a whole new trial could take years. So in the interim, meaning in the meantime, meanwhile, XRP is not a security unregistered security being sold on the exchanges. So all the exchanges have the permissions to relist it. And in fact, a lot of the major exchanges have already relisted XRP for this reason. However, if they have another trial, let's hypothetically say three years from now, and after another trial, the judge changes the ruling and it's deemed an unregistered security, then it can be like deja vu all over again, like going back to 2020, it gets delisted from all the exchanges. And to me, that is very scary. And you can thank No Clarity Gary for that one. So how do you think this is likely to play out? Do you think the SEC is just wasting their time? I mean, I personally look at it this way. The SEC has unlimited resources. They have all the money in the world, the money printer, you know what I mean? Will continue to go burp for their needs. And so they can virtually do anything they want. I think it's overreach. Obviously, it's the crypto crackdown. Unfortunately, it's likely to continue. However, I think the lawsuit against Coinbase and Binance, et cetera, can help set precedent, just as the XRP lawsuit has. And I think that thus far, it's been a win for crypto because the SEC is not getting their way. And of course, they're not going to be happy. Of course, they're going to appeal it. Of course, Gary is not going to give us what we want and protect the investors whatsoever because they're just protecting their own pockets at the end of the day. And that's just the reality of the life that we live in here in the crypto sphere. But with that being shared, fam, let me know your thoughts. And now let's break down our main story of the day. And that's Max Kaiser predicting that the Bitcoin price will rise to $3 million. We don't care if Bitcoin is crashing because we're in this for the long haul. So cry me a river, y 'all. But with that being shared, yeah, first, let's start with this quote he recently shared on Twitter dated August 11th, which got 62 ,000 views. He wrote, Bitcoin has already and will continue to outperform everything else so spectacularly by 100 X or more that anyone holding fiat stocks, bonds, gold, all the coins, property, et cetera, will literally be impoverished. Very powerful words. Now, at the time he made this prediction, Bitcoin was close to 30 ,000. So what is 100 X times 30 ,000? That's $3 million per coin. And now quoting him from a more recent interview he did with Swan, maybe about a week or so ago, I posted this on X, formerly known as Twitter on, let's see, August 12th. So the following day after he made that post, it got 131 ,000 views, fam. And here's what Max Kaiser had to share. With Bitcoin, it's kind of the end of price discovery because everything will eventually be priced in Bitcoin. Everything goes to zero against Bitcoin. Bet you heard that one before. And so for someone like myself who has been following this for 40 years, the finance markets, technology, Bitcoin is the holy grail. It is the end all preach. I would say my compatriot in all of this is Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way I think carries the torch from the Max and Stacey from 2011. Now he started buying it, I guess, when it was 10 or $12 ,000 or so in 2020 era. So we were there from 2011 to 2020. And I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital, including to Elon Musk. Note that. I'm surprised that more companies haven't followed his lead, giving the breakup of inflation that we have had exactly as Michael Saylor predicted. The melting ice cube, as he called it, at the exact time and exactly what happened. Well, I guess we can say now we're in an era where BlackRock and these other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is bearing fruit. Now, three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. Yeah. And I think that all that oil money will find its way into Bitcoin and be a huge catalyst for higher prices. So it's a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So there you have it, his first big prediction that the oil industry is going to diversify into Bitcoin and he continues. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it's something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. Now, a lot of people are freaking out because of it, because it destroys the status quo, preach. And a lot of people who have been waiting for it to come along and had the faith that humanity can be saved. Thank God. I honestly feel humanity would be doomed without Bitcoin. All we have to look forward to is CBDCs and the enslavement of the human race. Now, anyways, continuing, they see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And how could you not be interested in it? I think the people who were into it earlier, aka Roger Ver, and walked away just never got it from the beginning. Once it's categorized as an asset class, we have nothing to do except position ourselves in this asset class. So either we are going to have a small position or a big position, but we cannot ignore it. We cannot not have a position. Now, listen closely here. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referring to the five, six, seven hundred dollar or five, six, seven hundred trillion dollar total addressable market. And he continues. So if we get into the five or 10 % range, then you start to really see a raise ahead to the seven figure type predictions that people have been making, including myself, because it is an asset class. But on the flip side, we have what we saw in the gold market, which is the ability to control price discovery and manipulate the prices. And it's real through the derivatives markets. Pay very close attention to what he shares about derivatives here, fam. This is how the powers that be and the central bankers continue to manipulate the precious metal market. So the price of gold has been lagging inflation for 20 years because the government around the world doesn't like gold making their fiat money look bad. So they make it easy for the huge funds to manipulate the price of gold and to scalp and to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. In fact, it's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around the world that are used to keep the price of silver down because governments don't want gold to race ahead to draw the capital out of their fiat money scam and into gold. Makes a great point, right? And with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically, people can take delivery of gold on these exchanges, but there's never been an organized attempt to do so preach. And also, let's not forget that the majority of the gold in the world is hoarded by the central bank. So keep that in mind, fam. Anyways, back to Max's quote. We tried to do it a few years ago. It crashed JP Morgan by gold and silver because after the 2008 financial crisis when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear if this short position was not covered and the price of silver got to $60 or $70 an ounce, it would bankrupt JP Morgan Chase. So we started this crash JP Morgan buy silver campaign. We got the price of silver from 15 bucks up to $50. What a legend. So we got it up to the old Hunt Brothers $50 level. And then the Fed of course came in and they changed the laws overnight to make it possible for these banks to have and carry much greater short positions on silver. So they printed up a lot of paper silver derivatives and they stopped the run on their bank and the price went back down to $15 or so. So we have seen that it is possible to force capitulation to the silver market, but at the end of the day, because of the ability to pull private keys, it is not like it is with Bitcoin. I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. So there you have it. Very powerful words coming from Max Kaiser. And that's 100 % accurate. And why I don't trust the precious metals myself. Now, if Bitcoin and cryptocurrency didn't exist, I'd be all in on gold and silver because what other option would there be? But because there is Bitcoin, there is no second best as Michael Saylor once said, like real talk. Am I going to trust my life savings in gold when the powers that be can just manipulate it on a whim? In fact, they have been caught doing so, so many times. How many times has JP Morgan had to pay billion dollar or hundreds of millions of dollars in fines for being caught manipulating the precious metal market? I think that will continue. Now, Bitcoin is the only incorruptible money, hence why it is perfect money. There is a finite limited supply. And I mean, there's no greater alternative. There is no second best quoting the great Michael Saylor. And don't forget to check out crypto news alerts .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.
A highlight from The Hair in Georgia's Biscuit with Colton Moore and Sen. Ron Johnson
"We are representing a second whistleblower from the FBI, Marcus Allen. Due to whistleblower retaliation by the FBI, I've been suspended without pay for over a year. Because of you, ACLJ donors, you get the best attorneys in the world. Hey everybody, Senator Ron Johnson joins the program and then some breaking news out of Georgia, Colton Moore is ready to proceed with impeachment of Big Fannie Willis. Email us freedom at charliekirk .com and subscribe to our podcast. Get involved with Turning Point USA at tpusa .com. That is tpusa .com. Start a high school or college chapter today at tpusa .com. And as always, you can email us freedom at charliekirk .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie, he's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at sierra pacific mortgage at andrewandtodd .com. Joining us now exclusively, Senator Colton Moore, a great American. There is fight left in the state of Georgia. And there is an official petition to investigate Fannie Willis, as well as now his letter to Governor Brian Kemp. I'm going to read this. Colton Moore, welcome to the program. Dear Governor Kemp, we, the undersigned, being the duly elected members of the Georgia House of Representatives and Georgia Senate, and compromising three -fifths of each respective house pursuant to article four section two paragraph 7b, making sure my Roman numerals are right, hereby certify to you in writing with a copy of the Secretary of State that in our opinion emergency exists in the affairs of the state, requiring a special session to be convened under that section for all purposes to include that limitation, the review and response of the actions of Fannie Willis. Sincerely, Colton Moore. Colton, welcome to the program. Tell us about it. Charlie, thank you for having me. I mean, we're in a dire situation. After these indictments came out, I woke up, ate my biscuit, and I was like, is there a hair in my biscuit? I mean, this is disgusting. We have a district attorney using taxpayer money, using her government authority to persecute her political opponent to the tune of the death penalty. I will not be a sitting senator in this state and potentially have the former president be executed in the state of Georgia. Yeah, so let's just kind of walk through this. You are now leading a legislative campaign of oversight. What does that look like constitutionally in the state of Georgia? Tell us about it. So I have a job to do as a Senator, Charlie, and part of that job in the legislature is providing oversight. The Constitution gives us some tools to do that. First of which is the power of the purse, right? We control the money. And my constituents, Georgians outside of the city of Atlanta, don't feel that their tax dollars ought to be used for this type of purpose. You know, we've also got the power to investigate any judicial or executive official, and we ought to be doing an investigation on Fannie Willard. And if that investigation turns out that she's corrupt, like many of us suspect, it's time for impeachment. And so what is impeached? So in the Georgia Constitution, the House or the Senate can impeach a prosecutor. Is that correct? That's correct. Yeah, it's one of those checks and balances that we're blessed with here in the presidential system of American government. So let me ask you, read the room for us amongst your colleagues. You're leading this. It's now going totally viral as finally, praise God, good on you. Let's use some of this constitutional power to slow this down, investigate her. Was she given an external power? Why is she and why is she indicting the entire Republican Party, such as Trump? It's John Eastman, Rudy Giuliani, Jen Ellis. It's totally out of control. It's a fellow senator. It's a colleague of mine in the Senate. Is it also included on that indict? So what is what is the temperature check of the Georgia Senate? Is this going to be met? Yeah, please. Yeah, I mean, Republicans in the state of Georgia are asleep at the wheel, OK? Everything is talk, talk, talk. I talked to my other fellow senators and everything's well, you know, we're kind of wait this out, talk about it, you know, post the tweet, you know, let's make a Facebook post. I have a job to do. It's time to take action. And Charlie, let me tell you, right after this and that, I was having dinner with my mother and I told her, I said, no more talk like I have a job to do. Time to take action. And she was worried. He's like, I don't know, you know, they've got these guys charged with crimes that could potentially result in lethal injection. I don't know if I want you meddling in that. And I was like, mom, that's the time to take action, because as a red blooded American, you should never fear a Gestapo political tactic from a power like a D .A.. So I don't want to get you in trouble here, but just I want to I want to drill this down. Your other do you think your colleagues are going to support this? Oh, I think when their constituents start calling them up, they're going to be supporting them. Boom. Right. Because it's time to take action. Well, according according to Fannie Willis, it's a conspiracy to ask your lawmakers to do something. But whatever. Let's let's let's just be clear. So for the patriots of Georgia, they need to call their state rep on their state senator. And what is the ask? What is the order? To help us with this process to begin defunding the district attorney and investigating through the means of a special session. That's our job as a legislature to put a check and balance on this judicial branch, to put a check and balance on the judicial branch. And and praise God, you have the courage. Were you cautioned not to get into this by certain, let's just say older Republicans? Were you told, don't send this letter? You know, the caution comes in many forms. They're all cautious. And that's the scary part. That's what makes me so afraid. I mean, I'm 29 years old, Carly. I do not want to live the next 30 years of my life worried about a regime. I mean, this is some Putin fascist nonsense. So the letter is composed to the governor. Does he have to be the one to actually call the special session? No, no. So part of that check and balance process, the governor himself could call a special session and we could start right now. We could start tomorrow. But the governor has already made his statement. You know, he's looking back at this like this is a 2020 issue. Well, it took 19 days to count the votes. And these individuals have a legitimate concern about the election. Right. They were they were using their First Amendment to express concern about the election. And then now they're being charged with it. They're being taken political prisoner. And so so then you guys can call the session with three. That's right. Without the governor. Right. Without the governor. Does he preside over it or is he called into it or? No, no. The legislature would be operating independently and it gives us full subpoena power. So what are the what are the numbers, the House and the Senate, as far as the Republican majorities? So if every Republican in the Senate signed on, we would have we would have what was necessary. It's going to take every GOP Republican to stand up and abide by the principles of freedom, regardless of whether you like Donald Trump or not, regardless if you have a beef with some of these other folks who are indicted. These folks were using their freedom of expression and they had a concern. So the problem we're going to have over in the House is we're going to have to pick up a few Democrats. The margins are a little tighter there. But here's the other thing about this district attorney. The ACLU reports that half of the inmates in her jail have yet to be charged with a crime. And in meanwhile, we've got Young Thug, Young Slime, who's got RICO charges similar to what these political prisoners are about to have, and they haven't even picked a jury in over a year now. So so now we have evidence it's Young Thug. I thought is this some sort of a rapper or something? I believe so. Yeah, I'm not I'm not a big rap music fan, but his name is Young Thug. And I think the crime syndicate called Young Slime. Got it. So, yeah, so they they're standing for RICO charges and she's going easy on him. Meanwhile, so I mean, and by the way, Fulton County, it's like a third world country. When I go there, crime is up. It's terrible. And yet she's going she's trying an interstate RICO case. I this and claims that she can get it done in like six months. Right. And 18 people. And yet it's ridiculous. And yet Republicans are asleep at the wheel and say, I don't know, just let's let it play out. You know, so we have to wake up the Republican Party. I'm sure you have some colleagues that are going to stand with you, but we have to each Republican Georgia senator one by one. We need every county in Georgia. We need mass mobilization. This is the call to action. I just want you to riff on this. I'll be honest. I love the people of the state of Georgia. I love Georgia. But you guys have really disappointed in some ways in the last couple of years. It's a strange Republican apparatus. This is a chance for Georgia redemption. Yeah, no doubt.
Digging Into Jack Smith & Fani Willis' Charges on Trump
"Calling it in its Rick Rico we go false statements fraudulent statements defendants who all get together in one form or another all commit some piece of the action to prevent the true vote from coming out in Georgia and she even goes further into six other states this is a county prosecutor six other states as examples of this grave people say she's throwing in the kitchen sink its preposterous so what doing is she come on now we're gonna go deep here we're gonna be really really smart what are doing Jack Smith who charges everybody for anything chooses not to pull the Fannie insurrection trigger Willis does a does a does a 98 page indictment 41 charges in teen defendants the president his chief of staff his his lawyers other staffers what is she up to she goes interstate racist federal issues well there is no state insurrection law to my knowledge in Georgia that would apply to a federal election but nonetheless she's making the claim in so many that words this was an insurrection let me read something to you stay with me follow me three the fourteenth amendment this thing's been bouncing around bouncing around two knuckleheads at the Federalist Society who are so -called conservative professors they've taken view a you don't have to be convicted of insurrection to be denied
A highlight from Legally Pay Less in Crypto Taxes!
"Would you like to get paid to listen to this podcast grab the fountain app for free and get all our badness But earn some sweet Satoshi's download for free now at fountain FM Imagine paying only four percent taxes to the government for your business income and now imagine paying zero Capital gains taxes for all of your crypto gains. Well, I don't imagine it. I'd live it Legally, sir. Lord Travis is super busy today so you've got me and my guest Davin Michaels here to discuss how the tax situation that I mentioned is real life and How you can surround yourself with high performers that may help set you up for a very profitable Future by joining us on the high seas. Yarr sound exciting Ahoy, matey come along with us on this ride for episode number 693 of the bad crypto podcast Welcome to the bad crypto podcast Sir Lord Joel come here with you Travis Is getting ready to do some globe trotting and he's got a lot of stuff to do. He's very busy right now And so I'm rolling solo today, but not truly because I've got a guest with me he's an old friend and We're just gonna jump right into the interview because there's two things that I want you to walk away with as you listen number one how to pay less Taxes legally and not just crypto taxes, but any type of gains taxes on your stock portfolio taxes on your precious metals gains crypto and more and I want to invite you to come along with us on a vacation on the high seas. You're gonna love this Let's listen in As You know Sir Lord Travis and myself have been living in Puerto Rico now for over two years It's it's been really interesting met a ton of incredible people, but one of the gentlemen who is Responsible for me being here is an old friend. His name is Davin Michaels Davin's an entrepreneur he's a crypto guy and He was on episode number 382 of this podcast a little more than three years ago But you might not know it because he was on the same show as dr. Ron Paul Dr. Paul, of course was the headliner and then there was like oh also Davin and I wanted to give him the spotlight today because we've got a lot of really interesting things to talk about Davin Michaels welcome back to the Republic of bad cryptopia, sir Mr. Joel calm my dear friend of almost 15 years. It's great to be here with you Mika No, I think it might be longer than that. I think it might be too if we had met around 2007 it's it's 16 years. Yeah. Yeah, we just taken it your way for me. I'm sorry about that We just celebrated the 15th year of one to three employee. I was shooting a commemorative video for our employees So that's 15 years there Wow And for those of you watching the video version on YouTube rumble or Odyssey that is a real background Davin lives really a big stones throw away from me right on the harbor here in Palma still Mar and It's a beautiful day. It's a hot day But you know, what's mind -boggling to me is here We are closer than the rest of the states to the equator and they've been having a worse heat wave Then we've been having yeah, not too bad here. Not too bad. Nice breeze Beautiful paradise all year long. Yeah So for those of you that really want to go deep on the Puerto Rico connection and the tax benefits I recommend you go back to the episode. We recorded three years ago. It's bad co dot in 382 we'll have that in the show notes for this particular episode as well But I want to touch on it Devon before we get into some other things today Including we're gonna be talking about so you guys want to stay tuned for this an interesting opportunity To go on a cruise with us in April. That's a little teaser for you let's let's start out with the overarching benefits of why Americans are moving to Puerto Rico Yeah, absolutely so Puerto Rico is a territory and if you are a u .s Citizen and you jump through the legal hoops and you make Puerto Rico your legal home In other words, you live here at least half the year then you essentially pay almost no tax So we pay four percent federal income tax We pay zero percent capital gains We pay zero percent in dividends and it is truly a game -changer a dear friend of both yours and mine and neighbor of So many years John Lee Dumas who is an unbelievably successful podcaster JLD always says I work 4 % of the year for the federal government and 96 % of the rest of the year for myself. He said he works the first couple of weeks of the year for the government then that's it and That's that's a big game -changer. So we lived in LA where we were paying I don't know between You know corporate and federal and state and I think I was paying about 63 % in taxes and it was just absolutely ridiculous And so we first moved to Vegas got rid of the state tax and then eventually moved here and got rid of most of it But there's so many more benefits, too So for example, one of the greatest benefits is is deal flow and you were talking about that a few minutes ago The amazing people you meet here because you got to be a mover and shaker to do this You know, you you have a tax situation, right? You need to save money. You're doing well in addition to that To pick up and move to a territory You have to be a pioneer which you are such a pioneer and you you and I both have that pioneering spirit as does Everybody over here. And then what happens is you have to spend at least a half a year in paradise. It just sucks Right. I mean look at this. It's just so hard, you know, so it's gorgeous here all year long There's great food great people and the actual people who live in Puerto Rico actual Puerto Ricans Are some of the loveliest people in in the world. They will just give the shirt off their back for you They are so nice. So wonderful and I'll give you an example You just walk down the street and people are saying good day to you. Good day. Good day Good day. Well, we leave we travel and and people aren't speaking to us like saying like greeting us on the street We're like gosh, you know you get used to this, right and then we greet people and they look at us like we're crazy But there's also a lot more benefits than just tax benefits. So so the way all this works is Puerto Rico is a territory. They have their own tax authority and it's not the IRS It's hacienda. And so if you're a bona fide resident of Puerto Rico, that's who you're paying your taxes to you're letting the IRS Know what you're up to but you're paying hacienda And there's all these other programs that are available to they used to be a whole bunch of different acts They've now put them under an umbrella called act 60 when Joel and I got into this It was called act 2022 and we were just two of those acts but now act 60 brings them all together and Just to give you some examples of some of these acts I have a car that is a plug -in hybrid It only gets 19 miles on a charge. Okay, it's just it's just a token thing But because it has a plug I was able to import it here tax -free and save 30 % in taxes There's an entertainment tax here. My cousin Danny was just here shooting a Pilot for Amazon. She got a 40 % tax break of which you can you know cash in that tax break at 97 and 19 to 99 cents on the dollar so it's essentially cash back There is a hospitality credit if you have like an Airbnb that has at least I think it's seven or eight beds and baths You get 40 % back over four years Many of you who might live in the u .s. Might be familiar with Opportunity zones where you get amazing tax benefits Well, 98 % of this entire island is an opportunity zone and this list just goes on and on I learn about all these new incentives all every day and I don't know all of them But in a few minutes, we're gonna talk about one way that I'm gonna both you and I are gonna learn all about them And by the way, Joel My guess is you don't know about all of them either. No, I don't I know, you know act 60 That's that's what I'm here on and it's you know, what you say is so true I came for the tax breaks. Yeah, and I did have friends already. I knew you and I knew JLT and Had visited in fact I think that we you're recording the last time you were on the show was when I first visited you In February 2020 the episode came out the the following month and we were going to move Yeah that May and then kovat hit and everything became more complicated and we put it off for another year But I'm really glad that I pulled the trigger when I did I came for the tax breaks But I'm staying for the community I have never in my life and I'm approaching 60 ever nor in a community like this of high performers of creative people of good hearted people and you have everything in where we live in Palma del Mar from Thousandaires to billionaires and from hanging out with people you wouldn't know the difference of who you're hanging out with Because it seems like the egos are largely checked at the gate and people were all here kind of for the same reasons Yeah, it's a yeah for sure. Sorry to interrupt. It's but yeah, it's like kind of a flip -flop and t -shirt community, right? So how are you gonna be flexing? You know what I mean? So it's nice. It's nice people do check their egos at the door I think for the most part there's all of these Groups that were in and signal and what's happened. There's always something going on You know, I've become a pickleball enthusiast since I've moved here. Erin is a big golf Enthusiast and you know, we we live on the golf course So holes five and six of the palms course are right behind our condo And the beach is right outside the door. And so it's just there's always something to do We're going somewhere tonight. Are you are you joining us tonight? What's going on tonight? I don't know Okay Yeah, check check with your social director. I'll check with mine. Yeah, but Like you said I've never experienced anything like it except on like television, right? These little you know, these TV shows that take place in this little small town Everybody knows each other and they're all like best homies, but I've never experienced in real life until moving to Puerto Rico I think part of it is you know when you're in the city like we came from Denver To somebody's orchestrate calendar with yours in multiple couples calendars to get together. It's a big deal It's an event here. There's so many people and so many friendly people that it's like hey, what are you doing for dinner tonight? Hey, we're having you know karaoke at our place this weekend we're going to the beach club on Sunday and and people just continue to get together to the point where We have now had to since we've been here vacations with Groups people of from here So we basically just pack up Puerto Rico and we put it on a cruise ship and take it on the road and we'll talk A little bit more about that here soon. By the way, are you going to Rustin's a rip your float party tomorrow? Yes, I am But we have another party simultaneously, so we're gonna be jumping back and forth So Let's you know, we kind of hit on the governmental programs the things that are available here And we'll try and find a website for you guys that has all of the different acts so that you can take a look at Those let's talk a little bit about some of the the services on the island and the things that people are working on Yeah, so what's interesting is well, okay. So let me start with my own personal experience. So I always I Felt that when we came here we were gonna approach this as we are a guest in this Territory and and so I don't you know, try to push my opinions or agenda on anybody and My goal was to make this place a better place than when I got here Right to make a difference and make an impact and I like I kind of an impact jump junkie so I really like that and a lot of people are doing the same thing here and You know, you could you could actually come here and say I'm not gonna do any of that I don't want to have any impact I'm just gonna do my time and so on and so forth and you would still impact the economy because you'd hire a ton of people to help you with a bunch of different stuff and you put a lot of money into the economy and so I'm involved in a lot of projects here One of my favorites is I am a member of PMPR partnership for modern Puerto Rico which is the think tank that was created by Alberto backo who's the former secretary of commerce to Puerto Rico and He actually if you came in on our program act of 2022 several years ago He would have signed the decree because it was he and his regime if you will that that that ushered in act 2022 And it has had such a huge impact on the on this island So many things are happening I'll give you an example in this enclave that we all live in There has not been new development here in two decades in 20 years because it was overbuilt in the heyday prior to 2008 Now there's new construction here And people are benefiting one of the things that is included in the act 60 program not in my decree But in the current decree is that you have to buy a property within two years You can come here you can rent a place.
Rep. Steve Scalise: Americans Are Disgusted by Attacks on Trump
"Syndicate. People are seeing this they're figuring it out in other ways and they recognize that what they're doing to go after Donald Trump is purely early political. Seems like every day that we have a bombshell hearing in D .C. against the Biden family member it's like you could set your clock within two days indictments come down against Trump maybe a poll comes out showing Trump doing even better you know beating Biden in a head to head matchup as they go after Trump. Some of these prosecutors you know look at what happened yesterday in Georgia Fannie Willis is actually raising money off of the idea of going after Trump. It's on her website she literally up put on our website a few days ago a headline that among other things bragged that she was going after the former president and using that to raise money which undermines all the credibility people see through but this they're disgusted by Mark. And they don't know what to do about it Steve and it's hard to know do what to about it because what I've been saying here for some time and I really believe this, these indictments are an indictment of the American people. This is an indictment of our legal and institutional system, all of them, these clown charges, the Klan charges, the Enron charges, the RICO charges the non -disclosure agreement charges it's so it's it's so all out of control and yet the Democrat party doesn't give a damn. You know why Steve Scalise? Because view they this as their opportunity to take control of the justice system and the electoral system and then make sure that they win and you can't even challenge them anymore. That's why. Yeah, they're They're scared to death of losing power. We saw this during COVID.
John Kennedy Reacts to the Latest Maddow-Clinton Interview
"Is Rachel Maddow and former Secretary of State Hillary Clinton's opening last night As they were awaiting the indictment cut number eight please for Senator Kennedy madam secretary fancy meeting you Yeah, this is not the circumstances in which I expected to be talking to you nor me Rachel It's always good to talk to you, but honestly I didn't think that it would be under these circumstances yet another set of indictments This is something this is becoming like a skill set like in the news business you say like oh I've covered Olympics or I've covered a campaign now. It's you know those of us who've covered four indictments So senator Kennedy, what do you make of that tone? on that network Well I Think I think in a way Secretary Clinton's making my point that there's there are some other parts of the interview that I know you didn't have time to show These cases are all going to test the limit of our civil liberties our First Amendment rights our amendments our Right to speak our right to petition our government many of the charges are very nebulous In an excerpt from Secretary Clinton that I don't think we shown she talked about well the indictment is about undermining democracy Well, that's pretty broad term. You know is it if you spread Russian disinformation About a president is that is that undermining democracy? if you contest an election as a president Trump and and Miss Stacey Abrams have is that undermining democracy is it undermining democracy if you if you Intentionally open the border I mean, it's just is it a stretch You're on judiciary is it a stretch for a member of MAGA prosecutor in the county of somewhere Magaville to bring a charge against Secretary Clinton for paying for the Steele dossier and undermining the election and the RICO charge would get everybody involved Well, no, and that's what I mean the glass has been broken This is unprecedented
Was The 2020 Election Fraudulent? David Carlucci Weighs In
"Was the election in 2020 legitimate or were there shenanigans? Was there fraud? Was there, you know, a nefarious plot, if you will, to rig the election? We brought two smart people into the conversation today. David Carlucci is a former New York Democrat state senator. He's a Democrat strategist, founder of NYStrategies .com. And again, a New York state senator for over a decade. Caroline Wren is former national finance advisor to the Trump Victory Finance Committee. Of course, an avid supporter of President Trump. And I'm sure she has a thing or two to say about the fourth indictment this week of the former president. And Caroline, not to worry, he's facing 712 years and six months in prison. I hear he could get out on good behavior in 400 years. So there's hope. There's hope. There's light at the time. Wild is a good way to put it. But let's get started with this, because this is a real important debate to have. And I want to get both perspectives on this. It's an emotional, polarizing, volatile dialogue. But let's try. Let's start with you, Senator. I want to talk about the 2020 election. I think you know that millions of Americans believe that there was something suspect about the 2020 election. Give me your perspective as a Democrat from New York as how that isn't so. Well, any time we hear allegations of fraud or abuse of power, particularly dealing with our election system, we have to take those allegations extremely seriously. And now, what, three years, almost three years after the 2020 election. And we've seen about 60 lawsuits across the country. We've heard talk about nefarious actions, but nothing's been proven. And it boils down to what I believe is that people did not like the outcome of the election. So they're pointing fingers and trying to place blame when there was really nothing found. The more that I dig into this and try to find cases of abuse or fraud, they have not been substantiated. So there's been a lot of conspiracy theories, but I think it really boils down to when someone doesn't like the outcome, they try to change the rules or figure out how could it be possible that they lost an election that they believe they should have won. But pointing to fraud and nefarious actions just has been disproven. And if anything, now we see that the fraud and nefarious actions are pointed squarely at Trump and 18 other people that have recently been indicted on RICO statutes in Georgia. So it's very interesting now the turn of events that we see. And as people like myself, lawyers and just political pundits have really not turned up any evidence that shows any fraud whatsoever across the country.
A highlight from The Indictment of Donald Trump: A Threat to All Americans
"And I'm going to say it just like that. It's bullshit. Why? Because you would never, ever, ever bring these charges against Hillary Clinton. You would never, ever, ever bring these charges against Stacey Abrams. It's political. It's targeting one person. And you know what? I'll say this to him, Mike. When Donald Trump says they're coming after you, I'm just in the way, he's 100 % right. Welcome to another Financial Guys podcast. I'm Mike Hayflick, along with Mike Speraza. Mike, I think mostly we're going to talk about Trump today, but we have to talk about another dredge of our Erie County community, Mark Poloncarz. But we'll save a little bit of that news about Mark for last. Another fearless leader in New York. Man, what's worse than fearless? He's fearful. He's fearful of his own reputation is all he's really fearful of. That's what I'd say, but we'll save that for last. You do not want to miss his response to the two rapes by migrants, I should say. You do not want to hear his exact ... We're going to read the exact Facebook post. I won't even summarize, I'm going to read you exactly what he has to say. You don't want to miss that at the end of the show. Filled with compassion, I'm sure. So Trump indicted for a fourth time. This is not unexpected. This was by Fulton County DA Fannie Willis. This is for election interference and Trump and many others actually must surrender by August 25th at noon, Mike. Your thoughts initially on Trump being indicted for a fourth time. Well, it's not shocking because they've been telling us for weeks that they were going to make a show of this. Atlanta or Fulton County, they have literally been talking about this for months. They've been talking about mug shots. They've been talking about the whole song and dance of an actual bringing Trump in and going through the fingerprinting, going through the photos. They've been doing this and telling us this for months. So it's not shocking. What is shocking them, Mike, is that you've seen the polls, right? Every time this happens, Trump's numbers skyrocket. His fundraising skyrockets every single time. And now they're doing it again. And this might be the most ridiculous of them all because of the charade and the show that it's going to be. If I was going to use an example, if I'm a Barack Obama and I'm the leader of the party, not saying he is, but maybe he is, I'm saying to myself, the last thing that I want the media and I want law enforcement and I want the legal system to do is prop this guy up anymore because every time we do it, it backfires at us. I'd be like, keep this guy out of your mouth. Keep him away from you. I don't want to hear Donald Trump. I don't want to see Donald Trump. But no, they do the opposite. And I think their hope is, Mike, they get him on one of these charges. I don't think it matters. The people that are voting for Donald Trump, myself included, I'm going to raise my hand. I am voting for Donald Trump no matter what happens. He could get convicted on all 75 indictments and 400 years in prison. I don't care I'm voting for him. Now, if something came out that he was like a child molester or an actual murderer or something, of course that would change. But based on these four indictments, no matter what happens in the courtroom, Donald Trump is not, it's not even a question. He is my vote. I am voting for Donald Trump. That is the president. Yeah. This, this once again, I think shows how self -serving, narcissistic and how deeply Trump derangement syndrome runs in a lot of these people's heads like Fannie Willis. This is the, the reading, I guess I'll, I'll use this out of an article off of Fox. Let's, uh, let's see this by, oh, this was seven hours ago, Houston, Keene of Fox news. This says a 97 page indictment. The charges include violating the Georgia RICO act RICO. If you don't know what that means, racketeer influenced and corrupt organizations act often, I think you'd hear that it may be for mafia activity, drug activity, solicitation of violation of oath by a public officer conspiracy to commit impersonating a public officer conspiracy to commit forgery in the first degree conspiracy to commit false statements and writings conspiracy to commit filing false documents conspiracy to commit forgery in the first degree filing false documents and solicitation of violation of oath by a public officer. Now former Trump white house chief of staff, Mark Meadows, attorneys, Rudy Giuliani, Sidney Powell, Jenna Ellis, Kenneth Chesbrough, Jeff Clark, John Eastman, and others were also charged out of this years long investigation. Interesting Mike years long investigation. And here we are, August of 2023, just before presidential campaigns really heat up and debates begin. Let's talk about the timing of these indictments. I mean, we had Alvin Bragg start this whole parade off with falsifying business records, uh, you know, accusations against Donald Trump, which was total bullshit Manhattan DA, right? Alvin Bragg Bragg, next federal charges for holding classified records at Mar -a -Lago also bullshit. Go ahead. Justice department council, Jack Smith, then for the January 6th, uh, involvement, he says that Trump had basically instigating that whole event. And then further with, you know, just to layer on it, it was like icing on a cake. He had to hold Trump accountable for even more. And then finally Fulton County, DA Fannie Willis. So just the timing of this, it seems so orchestrated, um, I don't think there's any question in anybody's mind. I don't care who you are, that this has been an orchestrated attempt to take down Donald Trump. So in case nobody saw this yesterday, cause I'm sure you did, and I'm not saying you Mike, but people listening may not have, um, Sam bank from freed, uh, there was news that came out about him shelling out a hundred million dollars of stolen money, by the way, from his FTX funds to Democrat, uh, you know, nominees in the 2022 midterms. So the same day we see this crook, which we all knew were, was a crook by the way, you know, let's not forget that we all said this for a long time. This guy gave a hundred million dollars to democratic candidates across the country. That is on the same day. Also the whistleblower confirmed, um, some of the stuff in the Hunter Biden trial just yesterday. And then this comes out by the way, Mike, we forgot to mention this earlier, Fannie Willis, the genius that she is, ends up screwing up this indictment by the way, and putting it online for public knowledge before they even talk to the grand jury. Right, right. So they were working fast and they were working fast for a reason, right? This is just another show. And again, I'm here for it. I'm on the record. I'm here for it. Why? This is cementing. Donald Trump said he needed one more indictment. I'm going to say he needs one more thing. He needs the Fulton County mugshot and it's over. Once we get the mugshot, this race, not the primary is already over. The primary has been over. Once we get that mugshot, the, the 2024 race is over. It's over completely. That will set Donald Trump over the edge. His face will be on every t -shirt again, raising my hand, I'll buy 20 of them. The Donald Trump mugshot will take him through and carry him through the 2024 election. It's over. Yeah. And this, to your point about this leak, Fannie Willis essentially just simply said, I can't tell you anything. Of course you can't, right? So this was Monday. This is, this is official. The office of the Fulton County clerk or superior and magistrate courts has learned of a fictitious document that has been circulated online and reported by various media outlets to the Fulton County special purpose grand jury. While there have been no documents filed today regarding such, all members of the media should be reminded that documents that do not bear an official case number, filing date and the name of the clerk of courts in concert are not considered official filings and should not be treated as such. This was not a simple mistake is what, uh, let's see here. This was Trump attorneys, Drew Findling and Jennifer Little who slammed this. This was not a simple administrative mistake. A proposed indictment should only be in the hands of the DA's office, yet it somehow made its way to the clerk's office and was assigned a case number and a judge before the grand jury even deliberated. How could that be, Mike? Well, how can it be and how can this not just be thrown out? You know, if anyone believes in rule of law and equal justice, how can this just not be thrown out? I think to your point, Mike, like I totally agree. I think nobody who has supported Trump from the beginning has lost the feeling of support for him. I mean, if anything, it's grown and grown and grown. And then the other thing is you just wonder, will independents or any, any liberals at all liberals like Bill Maher, will any of them say, I cannot, I cannot in my right mind vote for anybody on the left anymore. They've taken this far, far too far. And I mean, it's like basically over the cliff and they're falling, waiting to see how hard it's going to, you know, how hard they're all going to hit. Here's the problem, too. In the last six years, we've had numerous people challenge elections. By the way, two of them were that I'm talking about right now were liberals. Hillary Clinton still doesn't believe she lost in 2016 and is on the record saying that. And Stacey Abrams has it, Mike. So if you really give a shit about, you know, hey, we need to bring people to justice, then do it, then go after those two. This is my problem with this whole thing. Like all these liberals, like Harry Sisson, Mr. Gen Z, oh, finally getting justice. That's bullshit. And I'm going to say it just like that. It's bullshit. Why? Because you would never, ever, ever bring these charges against Hillary Clinton. You would never, ever, ever bring these charges against Stacey Abrams there. It's political. It's targeting one person. And you know what? I'll say this, too, Mike. When Donald Trump says they're coming after you, I'm just in the way, he's 100 percent right. What does he mean by that? They don't give a shit about Trump. They do, but that's short term. They know that at most Trump's got four years left. They give a shit about all of us that can think clearly and that know they're all full of shit. That's what they're concerned about. The MAGA movement, they're petrified of it. And they need to take out its leader. And they're coming after us next. I promise you that. Well, let's talk about what can actually work in terms of Trump getting elected, in terms of stopping this crazy liberal freight train. Is it simply election? Is it actually GOP members stepping up and actually getting the balls to do something? Like do something. That would help. Stop threatening. Stop reporting. Like they're the town criers. Oh, have you seen what's going on there? Whoa, that's wrong. Oh, my gosh. What's this Fannie Willis thinking? Whoa. What was Alvin Bragg's thinking? This is this is unconstitutional. You just hear it. It's like it's like just it's like white noise now. You just hear all the Republicans, those that even want to say anything. How about the ones that never say anything? What are we paying you for? Like honestly, what are we paying you for? You're not passing any great legislation. So how about you just get a set of balls and say something? Say in something support or in not support. All you like to do is is sort of thread the needle. Stay on that tightrope. You don't want to go one side or another of the tightrope. You feel like, well, if I support Trump too much, that's not going to look good. But oh, if I if I don't support him, oh, my gosh, what are people going to think of me? Like stop thinking of what others will think of you. And how about you stand up? How about like a Vivek Ramaswamy type of statement where you actually you understand what's going on in this country and you actually take a side and you don't care who politically the person is. You stand up for what's right or what's wrong. I mean, I'm so tired of this. So do you think elections will make a difference? Do you think that some GOP members can actually make a difference? Do you think the the judicial system might make the difference? Do you think a lot of these things are just going to go basically down? I don't see them going down in many of these states. I mean, in Georgia and New York, D .C., D .C. I mean, I mean, really, like you look at this and you think, boy, these just have to be appealed and probably all the way headed right to the Supreme Court. My thoughts, honestly, are the Supreme Court right now can help. But at this point, forget Kevin McCarthy, forget Mitch McConnell, forget all the bursar artists that are in Congress, forget them all. If there's one thing that can change this and it's you, the people, you, the people are the only thing that can change this political weaponization, this political persecution. And to be honest with you, this banana republic government we got, there's one thing you can do and it's vote and it's go vote for Donald Trump. That is the one thing that we can do, Mike. Forget the courts. Forget all that. Go vote for Donald Trump. That is the only thing that we as Americans can do. Your congressmen won't do it. Your congresswomen won't do it. There's less than I bet, Mike, two percent that actually know what the hell is going on or are not part of that uni -party. There's less than two percent. I'll say a Matt Gaetz is one of those, right? I'll say a Byron Donalds is probably one of those, right? Those types of guys are the people that we need. Now, again, even with them, there's not enough of them, Mike. We need us, the voter, to take care of this. Go vote for Donald Trump and get rid of the con men. Get rid of the B .S., the Bidens, the Clintons, the Obamas. Get rid of them all. Go vote and take care of it. So it's easy to become just sort of a witness or a spectator to all of this, right? We all sit back and then at your kitchen table or as you're having a beer, having some chicken wings here in Buffalo anyway, maybe across the country, just not as good. You start talking about these things. And then to your point, Mike, people at election time think they need to just distance themselves from these things. They need a mental health break. They need to just they need to just watch and see what happens. Let's just see how the cards fall. Well, this house of cards that Joe Biden's administration and he has built, it's coming down, guys. I mean, it's burning like Maui right now. And it's just it just hasn't come to your doorstep yet. That's the problem. Until it hits your doorstep, you're not evacuating, right? You're not jumping into the ocean like these people in Maui have had to do. It's just a terrible tragedy there, which, by the way, Joe Biden doesn't have any time to comment on. By the way, let's not forget that, you know, actual disaster going on in California and Hawaii right now. But Joe Biden, baby, he's got to go ride his bike. He's got a vacation. So don't don't interrupt that. He's actually headed, I think, this week to Texas or something to can't find his way to Hawaii, though. God forbid he does that or God forbid he sends his vice president. Can't do that. How vile is that team that he has around them around him? I mean, they're the ones running the show. We know that. So it's just a it's such a corrupt and vile group to not say we got to get Joe out in front of the microphone for this. I mean, we've got to at least talk about the lives being lost, the federal assistance that we're going to provide, just something. Not a thing. And that's not Joe Biden. I mean, Joe Biden can't can't make sense of anything. And we know that. Like, that's clear. We know that. I mean, there's so much evidence now to say that I can say it without really saying, well, you never know. No, we know. But his team. Yeah. I mean, Dr. Jill, what are you saying, Joe? Maui's burning like it'll likely be thousands of people will have died on Maui because of fires and extreme wind and spreading of the wildfires. And he doesn't set a word. And you, Jill, don't have a you know, at any like no respect at all, no, no decency to tell your husband, get in front of a microphone, for God's sake, and say something about the people on Maui. They're U .S. citizens. But to your point earlier about voting, that's the problem. People get what I call election dementia. They completely forget how we got to the extreme, horrible, horrible conditions that we end up getting to. And then at election time, Mike, right about now, somehow the Democrats are going to come out and say, wow, look what's happening. Climate change is destroying island, beautiful islands like Maui. Crime is it's just it's taking over American cities. We can change that. We will help you. We will give. Right. We're Santa Claus. We will give. And then everybody votes for these people again. Yeah. And by the way, you know, Mike, to point of we will give the we will give costs everybody that actually works money. Right. So it sounds great in theory. Yeah. I said this to my mom was text me the other day about I forgot what it was. And I'm like, oh, you didn't know that money just grows on trees. Yeah. You just go over there. I'll just pick off that leave. It's money like that. That's what government treats everything like. And like we talk about all the time, we're both business owners. If I say to a company that I'm doing advertising with, you know, just give me give me five million. I'll take five million dollars advertising. No, no worries. Then they say, Mike, you got to pay for it. Well, what? That's not to pay. I thought I only had to pay ten thousand dollars. What do you mean I'd pay five? That's not a good deal for me. Yeah. What? Well, Mike, you signed a contract to pay us five million advertising. No, no, I didn't. OK. You know what I'll do? I'll just go ask all my clients for an extra five thousand dollars apiece and I'll pay my advertising. You can't do that in business, right? It's the business owner, the government, that if you're going to make deals, you've got to live with those deals and pay for them, right? Not expect everybody else to. What they do, Mike, as you always say, is they'll make these things up, right? And then they'll say, we've solved the problem. Crime? Yeah, we can't believe it's so bad either, but we have the solution. No, Kathy Hochul, you are the problem. You are not the solution. Joe Biden, no, you are not the solution. You are the problem. But Mike, to your point, the way they market it is that this, you know, we're here to save you. The problem is the saving comes from our pockets and the listener's pockets and the people that work pockets, the people that are retired that work their asses off pockets. And even then, Mike, they take all that money from us and it doesn't do a damn thing because they don't know what to do with it. Contracts. I mean, contracts involve people that have an intellect, right? You got to understand what contract are you stepping into. You've got to have integrity to follow through on the contract, right? The two sides agree to something. And you've got to then trust that each other will actually abide by the contract. Those qualities don't exist in many of these liberal progressive minds, intellect, integrity, trust. It's all about them. It's all about them. And then the problem is they will actually sign contracts and then think that it doesn't apply to them, even though they signed it. Right. So I think it's out the window now, like the idea of compromise and, you know, let's let's make agreements and all that. It's out the window. It's out the window. These people don't care. We see it every day. We see crime in cities and then we're told, let's not hold these people accountable. Let's let's let's deflect from the true reasons for these things. Let's hold guys like Trump accountable for actions that we can't even prove. But you know what? He has he has all the right in the world, Mike, to prove he's innocent. Right. That, according to Nancy Pelosi, this is upside down. And it won't turn right side up unless we get a guy like Trump, maybe just maybe we get a guy like Vivek Ramaswamy either side by side with Trump or somehow integrated within a Trump administration. And then maybe I have some hope, maybe some more optimism. And lastly, before we get to our pal Mark Polancarz, I do just want to say I don't care what side of the aisle you're on. And I mean this right. I don't care if you're a liberal, if you're independent or if you're conservative. If you think that this is the right way to do business in the United States, I say do business, not actual business, but you get what I'm saying? If this is what you think the right way is, then you need to go do some history on the Stalin regime, on Hitler's regime, on Benito Mussolini's regime. Do me a favor and go read about that. In those days, there were no such thing, Mike, as opposition, right? If you opposed, you got killed, right? And we're not killing Donald Trump yet, by the way. I'm going to say yet because I think that's next when all these sham four indictments don't work. That's where they're going next, right? So I hope Donald Trump has his taste testers. I hope Donald Trump has the secret service because I fear for that man's life and I pray for that man because I'm seriously concerned about it. This is dangerous. And if you are an American and you think this is the right way, there is something seriously wrong with you, right? Something said, you know, people could say, oh, Donald Trump said lock her up about Hillary. Okay. He did say that. Did he put his whole Department of Justice against Hillary Clinton like this? Did he do any of this? Because I don't think he did. No. Right. And some people wish he had done that. Right. I mean, a lot of us. Looking back, he probably should have. A lot of us say that might have been the only place he went wrong. He had a couple of years in power and he could have really slammed the door on all these accusations about Hillary Clinton and the bleach bidding of documents and the slamming and the smashing of cell phones and all that. He didn't do it. And we wish he would have. Would it have changed, turned the tide? I don't know. You know, we won't know. But after two years as a president, he kind of lost his ability to do it. I mean, he started to focus on America, which I'm glad he did. But I don't know. Well, I mean, we'll have to see how this one more indictment changes, turns the tide. Again, I think stalwart Trump supporters are not swaying. It's a matter of getting others to say, what on earth will it take for you to say this is a liberal, far, far leftist government that doesn't care about justice for all? Are you going to continue to align yourself with them or not? And time will tell. Let's talk a little bit about Erie County executive Mark Polancarz. Mark Polancarz has often been there at the forefront of cleanup, is what I'd say. One that comes to mind, Mike, was the winter storm and not adequately preparing and actually declaring an emergency. So I remember it like this, and this is just my recollection. We knew, we knew from the Midwest there were nasty, massive storms coming across the country, right? Ice storms, devastating winds like 70, 80 mile per hour winds. They were on their way. So we knew that the night before, let's say 10 o 'clock at night, 9 o 'clock at night the night before. And all through the night, we hear nothing. We hear nothing. We hear nothing. People get on the roads at 7, 730, 8 o 'clock in the morning, and then all hell broke loose. The snow was flying, it was blizzard, blizzard conditions, somewhat like the 1977 blizzard of western New York, of Buffalo. And everybody that was out on the roads was at peril. Many of them got stuck in vehicles. They ended up trying to leave their vehicles, and many, many actually died. And what did we hear afterward? We heard Mark Polancarz say, wow, this was just a devastating storm. Wow, we're going to try and get out there and save as many people as possible, right? We need to do all the right things. He came out, but he made a grave error by not pronouncing closing the throughway at 11 p .m. the night before, right? Or 10 p .m. the night before. Get off the throughways. Get off the roads. You will not be able to report to work, right? Government officials and everybody, right? They all love to do mandates, Mike. Why wouldn't he make a mandate then? So anyway, he's always at the forefront of the cleanup efforts. And he does the apology tour or the, you know, I'm not that bad. Come on, this went wrong, but I'm not that bad. What did he say of late? So this was sent to me actually by Stefan Mihaylo. Here we go. This is a Facebook post, folks. Now this is, mind you, a week after two people were raped, right? One person has tuberculosis in the area. All legal, by the way, shouldn't be here, okay? This is what he says. While the last few days haven't been the best I've had in office, I think back to everything this community has gone through since 2020. The COVID pandemic, the mass shooting, terrible storms, and the Christmas blizzard, the Damar Hamlin incident, Jason Arno's tragic death, and so much more. And know that a few political hits and rough days against me are nothing in the grand scheme of things, especially compared to what others have had to face. My team and I will come out stronger as we continue to work to create a better future for all. So as you can tell, Mike and I are a little hot today between the Trump indictment and this. Let me just say one thing. I'll turn this over to you, Mike.
Donald Trump Likely to Be Indicted in Georgia Tonight
"Their Democrats and it only takes a majority to vote. For a charge they all know this. Thirty nine charges. nine Thirty nine charges so means that in New York Atlanta in Washington in Washington. Donald Trump will be facing 117 charges. And the big daddy they want to use in Georgia is as I've spoken before is Rico. Now you might say, but Mark that's a federal law. Yeah, but states have in some cases Rico statute. The Rico statute in Georgia is much more encompassing than the federal Rico statute. So Rico statutes are used against mobsters. Drug kingpins. That sort of gang members? Gangsters? But she knows what she's doing. She'll have a jury not of our peers but of her peers, Democrats. Thirty nine charges. Now, she will undoubtedly bring charges that are purely state charges. Because everybody's saying a president cannot pardon himself should Trump get elected from state charges. From state charges. Because he's the president of the United States. He's not a governor. Even worse, in the case of Georgia, the governor doesn't do the pardoning. They have a committee or a commission
"rico" Discussed on Latino Rebels Radio
"Out of here. Where do we go? You know you're born listen I can't know exceeds the limits of your thighs then I peed on me got no plan in my house the point in my sleep but I don't think there's anything I need a movie not to know but let's go inside I lost his gun through him on my second last minute got no plan in my eyes the way that. I know I love him such I know I like it sometimes. I don't put some sunglasses and then they never put me down. They're lucky we'll make out nowhere in my eyes no way they might I saw you take me there in my life and I lost my money like I was in my eyes I'm not blowing up something I know what I can think of some other one of you don't make up. The way this bad for people and all my. Saving out it's gonna fully be solemn but I ain't gonna lie but I ain't gonna cry it's three 5. But he looks at him. But he has what I did before. Sorry lost my love something. You lost my love so good. The opinions expressed by the guests and contributors in this podcast are their own and do not necessarily reflect the views of futuro media
"rico" Discussed on Latino Rebels Radio
"Old fuck. I'm a ten xer. So this is, you know, I'm a 50 something. So these laws have been around for a while. Exactly. So they're supposed to be these going back to work said, there is this law that beaches are public, and the government does not enforce it, which is why we've seen a lot of hotels, like indoor rado, saying this beach is private property, and they weren't being challenged on that until maybe the last three years where people have kind of just gotten extremely up in arms about not having access to what is legally theirs. So we've seen a tremendous rise in the amount of environmental activism in Puerto Rico, particularly when it comes to the beaches. Yeah. All right, well, listen, just to continue on your video reporting. Get go to Latino rebels YouTube or on our socials to see what Carlos is doing. You mentioned in one of the reports that you were able to go see one of the construction sites, right? To record the damage that local environmentalists have been telling you about at cueva Las golondrinas. So what can you tell us about what you witnessed directly and if it was consistent with what local environmentalists have been warning the public? Absolutely right. When we I went in with a group of environmentalists to write film all of this destruction in guerrilla school and then that's in Iowa. So if you see pictures beforehand, all of this area was completely covered in trees and greenery, but now if you look at an aerial picture, it is completely sand colored. It's been cleared of any greenery and it's all like sandy rock, right? There's no trees left in the area that they're building this construction. So we went in for an opening and this is the first time that a lot of these people were seeing the construction after only having seen aerial photos of the greenery. So we're walking and it's completely flat until we reach the remains of the mogote, which is a limestone karst hill, unique to the Caribbean, that was pretty much completely demolished and you could see cracks in this structure that go down probably hundreds of feet because of the illegal construction. And they are still continuing to destroy this maguro. And reportedly, according to what some activists have told me, they are using part of that to fill in that area that they've paved. They've paid completely flat, not with a cement, but just flattened. This is what they're using. The destroyed maguro to then fill in that area to put these villas in hotels. Yeah, so another article that you did earlier this month in February, not February, but February 3rd, on Latino rebels, was about the reaction to the shooting of an activist, Erica Gonzalez, who's the director of power for Puerto Rico, a friend of Latino rebels. Cited the murder of Manuel Tortue ita, past Iran and Atlanta Georgia last month as evidence of the dangers that land defenders face today, so you wrote about it at the beginning of this month, but it happened in January. So using that case of bias that in Atlanta, you know, probably the most obvious global example in Honduras over the last couple of years and you see the role by the Negro in Mexico as examples, can you contextualize the dangers that land defenders right now face in Puerto Rico? Well, developing on these natural resources is big business for everybody involved and land defenders. Are the people trying to stop it mostly with just their bodies right there fighting against the destruction of our natural resources because they don't want to see them destroyed and because as the world gets progressively hotter because of climate change and global warming, these green spaces that are attempting to be destroyed are what's going to make the effects of climate change less bad right, for example, trees provide fresh oxygen and what we're seeing is a diminishing scope of natural resources that people can use to deal with these effects of climate change if that makes sense. We're seeing people fight against the privatization of water and land because these are things that people need to live and survive in this ever warming world. And if they get more expensive or inaccessible, that's going to make life extremely hard for more and more people in the years to come. Yeah, and what's the awareness on the island and Puerto Rico about all this? Is it business as usual? What's your take? You're in Gaga. You're in the metropolitan area. You know, going out to the west, sometimes it feels like it's another part of where that's the part I understand about Puerto Rico, like going out to agua Liga feels like you're going to another country sometimes it feels like the connection between the metropolitan area and the rest of the island. What's the sense down there right now about all this? This is just a local story that no one's paying attention to or do you feel like people are paying attention to it specifically in places like the metropolitan area. The farther out you get from the metropolitan area, the less than used pays attention to it, right? But people across the archipelago have been paying more and more attention because a lot of them I feel like they know that if this can happen on the northwest of the island, it is eventually coming for the metro and we've seen that right there was an event last year where someone tried to stop some people from putting up a beach volleyball net that eventually led to hundreds of people flooding the beach to be like this is our land and that was one of the things that kind of kicked off this boom in environmental activism. But people are paying attention to what's happening on the northwest coast of the island. But a lot of people from the more populated areas of Puerto Rico don't really have access to go to these places and help the protests or the encampments that have been built there because they're out of the way in Puerto Rico does not. It barely has a public transportation system in the best cases, but going so far away from the metro inaccessible to anyone who isn't from the air, right? Occasionally you see people come up, right? But these are a lot of the people who come up from the close to the metro area. Are people in very invested in this environmental struggle. But people are very quicker than I've been in the last years before 2021. People are gaining more awareness of what's happening and there is a lot of support for this movement of Las playas on del Puerto de beaches are for the people's the beaches belong to the public to the people, like that seems to be like an unwritten commandment of Puerto Rican doctrine, right, in the end. I mean, it was just the way it is. Right, and that's the thing, right? It is an unwritten commandment and also written in the laws. It's unwritten and written and it's not being applied. So listen, exactly. What are you thinking of reporting on, you know, just tease people with how are you going to follow the rest of the story and where can people find you? Obviously at Latino rebels dot com, all our social channels, but you also have your own profiles and you're making the rounds. I'm really proud of you. I heard you on that other podcast and people are noticing and you're doing a really good job in the coverage. So just tell people what you want to do, what do you plan on doing and also how can they follow you specifically? Thanks, thanks a lot. I really want to stay on this speech privatization because it is a thing that is all kind of all encompassing right when we talk about private land being taken away from regular people. It's not only in the beaches, right? It's everywhere, right? For years, there's been kind of a police checkpoint last forward operating base in old San Juan in front of the governor's mansion that you're supposed to be able to pass through because it's public property, but people can't access it at all. And there's more and more of these things happening from wealthy developers across the island. They're trying to sell it off bit by bit so they can reportedly build. I think it's a hard rock hotel that they're trying to build. They released a mock up and it looks extremely gaudy. Because nothing says because the hard rock is definitely not subtle. But you know, Puerto Rico and commercialism and that goes hand in hand. You know, I'm not surprised as a hard rock hotel that looks gaudy. Absolutely. And it's this thing of for regular people for middle class and poor people and families more and more of Puerto Rico is becoming inaccessible to them in general, not just as developers build, but because of rising costs of electricity, food, and all of that, right? And it is both an affront to Puerto Rican culture, having access to the beaches, but also being able to exist without having to spend money. I feel like it's a thing that doesn't really get talked about enough anywhere, but especially in Puerto Rico. So give me your handle before we go. You can find me on Twitter at baquero, two XL and on Instagram at Carlos Perez Polanco. All right, Carlos. Thank you for being on Latino rebels. Radio, we're going to bring you back later this year for sure. Thanks for having me. All right, there it is. Reporting from Carlos, who's doing an amazing job for Latino rebels. One of the accomplishments of Latino rebels, you know, if reputation wise, and there's a good thing. And it's obvious because it's just natural for me. But we do have a good reputation of covering Puerto Rico for English speaking audiences, and bilingual audiences. Some of the reporting that Carlos is doing on the video side, you hear those quotes in Spanish just like you heard at the top of the show. And we don't really filter it, right? So we assume that people are, hey, you're bilingual. You're bicultural. This is a story happening in Puerto Rico. Really, really proud of the work that Carlos is doing also Hector Luis Alamo, senior editor, ran on the Santos editorial director, and of course, Oscar Fernández our producer here at Latino rebels radio. So follow what we're doing, follow Carlos. It's really just an ongoing story that has never gone away in Puerto Rico. And like we always do, you know, we always say rate and review is share this podcast. We'll be back next week and yeah, we close out with la plebe. Latino rebels radio, we
"rico" Discussed on Latino Rebels Radio
"Seen similar fights on a daily basis in the struggle against climate change, gentrification and the use of public lands from private profit companies, this has been happening in Chile and Mexico and Brazil, all over the world, and earlier this month in Puerto Rico, activists won their legal battle against one of the companies that they have tried to deny public access to Puerto Rico's beaches, so I guess, you know, this conversation to frame it, ask yourself, well, you know, has the damage already been done or does the growing public anger over how protesters have been treated by private security guards, and we'll talk more about that, show that this fight over the privatization of Puerto Rican lands. Has only just begun, so to break it down for us, want to welcome a fabulous guest who's based in Puerto Rico. Do you want to introduce yourself and what you do for us? Hi, everybody. My name's Carlos Betty os Polanco. I'm Latino rebels, Caribbean correspondent. Where are you calling in from today, Carlos? Hometown, Kai was Puerto Rico, born in Gaga, Puerto Rico. That is where my family is from and is also the hometown of because you know it is spring training and the Red Sox are starting this week and it's the hometown of the fabulous Alex Cora. Manager of the Boston Red Sox who is the most famous Puerto Rican in Boston right now. So there, long live gawas. Listen, let's begin the show Carlos by quoting Puerto Rican architect. In your YouTube video who said this. Idea, they can take Davos on apparatus. The people of Puerto Rico should feel offended that we have a governmental apparatus that does not comply with its own laws that are resources are used against us to attack all of us. Break this down for me Carlos. Why does someone like cardona say that? What's the situation? What's the court case? What is happening on the west side of the island, the northwest side of the island? So cardano was specifically talking about illegal construction in aguadilla, which activists have been raising alarm about since 2018 and eventually in 2022, they got a demolition order for two illegal structures that were built on top of gravel as grand rina's. Which is this very pretty cave system and a stoppage order for construction very close to that area, but not on top of the cave itself. And this first demolition order in 2022 was given because these structures were created without the necessary permits violating bevy of environmental protection laws from the department of natural environmental resources and what cardano was emphasizing in that quote was that there are these laws in place meant to protect the environment meant to protect the coast and the beach, but they're not enforced, right? We're seeing this. What we've seen this and I wasn't yet for years now, but we're seeing it all across the island pretty much every week. There is a new beachfront property or something like that, but people like point to and is like, is that within the environmental protection laws or is it breaking the law? And the necessary governmental apparatuses are not enforcing these laws right, you're supposed to, when you build these structures, get someone from the department of environmental natural resources to check that you're within the limit of where high tide comes from and where you're not supposed to build any permanent structures. But that did not happen. And the DRA was alerted to this in 2018. So it's been 5 years since that alert was given to the department that led to the first demolition order in 2022, four years, and that order was not met by the private developer. I would be your core and the cliff corp, the cliff corporation, right? They're building a set of hotels and villas. Like Airbnb short term rental stuff, which we're seeing more and more everywhere. So activists did it activists do continued raising the alarm, saying, hey, this is, this is illegal construction. They're taking over legally public land and destroying our natural resources, which eventually led to a second demolition order that was issued last week on Friday. This time, what cardona emphasized to me is that this time it was the demolition order was issued by the courts instead of just the RNA, so activists are hoping it'd be some action. There's some bite to this one. It's an actual court order that would just be like this shit needs to stop. I'm sorry. You're the journalist. I'm just the commentator. You know, I don't want to simplify it, but is that basically what they're feeling a little bit more hopeful because it was a court order? Oh, yeah, absolutely. That is, and they have the appear corp has started removing these structures. I saw a video earlier of activists filming the destruction of these illegal structures and you can also see in that that the natural resources behind that are still being destroyed. And not in accordance with the stoppage order that was issued last year. And for people that are following this, Carlos had been filing several stories for Latino rebels dot com also videos on our YouTube channel. If you want to know the history, please go back and see all those videos. Excellent work. Regardless, just I tell you that all the time, but you know. But listen, focusing on this issue because actually in January of last year, I actually on Latino rebels radio, I got to speak with independent journalists Bianca grand low on the issue of gentrification and Puerto Rico, particularly in nearby cabaret. You're out. This is happening in agua dita, right? Yeah. And gave it all just about a year ago, Bianca was talking about an issue that was happening. Let's just hear what she said. This is a story about whether Puerto Ricans are being pushed out of Puerto Rico. I think this is a feeling that a lot of boricua have that because there are a lot of incentives inviting people to come to Puerto Rico and these are people that have a lot more buying power than most Puerto Ricans. There's a sense and a feeling that they just can't compete with the people that are coming in. So considering, like I said, Kevin, I think it's not that far. You know, it's kind of on the west side of the island. So it's not that far from where you're reporting right now for Latino rebels. Is it fair to say that gentrification goes hand in hand with the local activists attempt at protecting the environment? Is that what it's come down to in Puerto Rico now? Oh, absolutely, right? We've filed a story from cadas where illegal construction is destroying the native habitat of the yes butterfly. We're seeing this all across Puerto Rico, but a lot of it across the northwest coast, right? Because those are absolutely spectacular beaches and everyone with money wants to get a slice of that for themselves and starts developing too close to the beach or on rock structures that are vulnerable when we file that story, there's a shot where you see this giant crack across this mountain, but any strong earthquake would absolutely demolish, and ideally, that's something that the department of natural resources would have been like, hey, you can't build there. You can't continue construction there. And we're seeing this all across the northwest island, right? So the activists have been fighting to get access to the beaches and that ties into the gentrification point because wealthy developers both from Puerto Rico and outside of Puerto Rico are attempting to close these beaches and other natural resources from access by regular people who don't have the money to pay to get into these places. Well, talk a little bit more about sort of the culture because this is the part about, you know, obviously we get a lot of comments about your reporting. Both good and bad. Mostly good, but you know, then there's people who question why do these activists, why are they worried about a beach? You want to talk a little bit more about what it means, you know, what public land means of Puerto Rico, especially with beaches, like this is a history, right? There's cultural connection to this. There's a historical connection
"rico" Discussed on Tone Def Podcast
"To us. Like off a fucking up, that fucking dog offers thank you for tuning in. I love my sleep in the bed. So you're saying that people should make a call or for dogs that talks to other people like in the movie up. I mean dude in a perfect world. You don't think someone's already thought of that and has a pattern? First, we actually don't have a research guy. But we are hiring by that. There will be no paintball. But I hit us up if you work for free. But yeah, so that was your idea you want to get the dogs to talk to each other. Here's the real question. Here's a real question. I wanted to talk a little bit. Martin, nigga they speak. I'm gonna say bitch when they breaking your book. All right. All right, so now just to let the audience know they're probably wondering what's going on with all the audiences, all right? All right, all right. Hey, mark that my bad market that market no they do have to say that because I'm to the side talking miss say shut the fuck up bro you ain't running shit. No chill, I'm late niggas know, all right? Check it out. Two. Anyways, so we have agreed, at least I have. It doesn't seem like an original idea, but it is. He wants to make a collar that someone has already made to talk to their human, but he wants to make it so they can just talk in general. No one has made it to where it can talk in general, but if they've made it to where the dog can talk to the person, isn't they just talking in general? Aren't they just talking in general? If they've already made it for the dog to talk to the human, aren't they already talking in general? So they already got the caller for the person for the dog to do the talking and shit. See, this is what you do when you post things even the building. Now I'm done. I'm done with it. He told us what it was. She told us what it was we took it for. We moved on..
"rico" Discussed on Tone Def Podcast
"Like what Barry's gonna be for us. That's funny. And Sharon will just like, you can just hear him walk up to the mic and like adjust it while he's like. All right, all right, all right. All right best, so we moving on, baby. I wanted to ask this. This is the audience. We gonna feel this question. So this day and age, should you have multiple women or should you be being loyal to your wine? I y'all feeling about that way. My boy over here got multiple. Oh, I guess I ain't talking about. I'm sorry. Wow. First of all, hey, first of all, we're roll this podcast, but I'm about to put one rule on the floor. No names, bro no names at all. No bitches. What do you mean by let me tell you about the fact fuck it? Let me tell you what this nigga did to me. Let me tell you what he did to me. Bro, I hate that this shit gotta be so internal because I don't want you know what I mean to hear about you. Hey, baby boy, this is a story from a long time ago, so this happened a long time ago. Anyways, I'm riding with so and so. Hanging with two lesbians. Literally. But I like where this is going. So it don't matter 'cause that's not even what part of the story is even about. But anyways, this nigga CJ, we get here, we get to talking about situations for no reason. CJ just goes, bro, y'all know who he was talking to. Honesty would be so funny. Like, what a fuck would you ever even say that in front of the lesbians, but just in general period? He said what again? You got on the headphones, how the fuck didn't you hear me? All right, so anyways, my bad, my bad, my bad. I was probably poor grammar. Now listen. We're hanging around these lesbians, all right? We all chill in the vibe. Showing the vibe the vibe is good. There ain't no relationship talk in the building at all. As a matter of fact, even though these girls is with each other they ain't really with each other. But they with each other for their night. You know what it's like. But anyways, so we chill it and bob and it's a good time. And then I don't even know what the fuck we talking about, but then so and so just goes out of nowhere and he goes, bob, if y'all knew who he was talking to you, I don't know how funny this was. And then he just goes in LA. Now mind you, I'm a give us some slack because it's my nigga. We are drunk as fuck. So, of course, he always. He over his slide. But that's just what I'm saying, bro hey, what niggas do shit like this? That is more than enough. It also broke the thing is it ain't about them knowing who you talking about. Why isn't that you just knowing that somebody to talk about? Period. That's right. That's what I say. Whatever, anyways, if he would, the thing about so and so is he don't want to just realize the error of his ways like, all right, bro, I'm sorry, you're right. I shouldn't have said that. And then I would move on, but he hasn't said that once. So, I'm standing on it. Fuck this nigga broke. He didn't even look at me all night. They was with each other. You know, last time I was doing them, I got hugs, at least, which is all I'm asking for, you know what I'm saying? I ain't moving in the building. Anyway. Lesbian's really hate, man, too, so like you're in that term. Exactly. No, we did. Lesbians are very dedicated. We did have a good time in the bank. Wait, but I guess we got to say this part of the story by who? By the end of the night, who finger busted her? Oh, I got fucked up that old girl. When I got back to the car, I actually fell asleep in the back seat after throwing up her feet for sleep. And they were CJ got their old girl was singing her in the front. I was back there. The lesbians were figured. Damn. Wow. Why don't you give it a good time to do what you need to do? Brawler's fucked up. I wasn't trying to do nothing but get home. Honestly. Sounds kind of like an I rose moment. Wait, what? I fucking names, bro we go have to come through here on some editor shit 'cause the names are just impeccable. Like, first of all, I'm gonna say this because we gotta edit that out. But that's our fucking SnapChat name. So it's like not the full name, but it's funny, that's her name. Iros. Anyways, more shit that we're gonna have to cut out to enjoy. All right, we'll fucking stay baby. All right. 'cause I guess it ain't real. Yeah, so I can't go look it up. Anyway, but I don't know. You're gonna be like, don't make me bring up showers in one night. Oh shit. I know some way touchier things. We'll save those for a later day. No, no. This is for a person. All right, but anyways, man, we gotta move on from trying to fucking expose each other and destroy. Let's just bring a baro's first up he's like I'm not gonna get in here and fucking all right. No, now you gotta redeem yourself are you gonna always be that nigga that came on the mic and I'm like. All right, we're not actually doing my boy RICO nasty here to introduce himself, you know what I'm saying? I told y'all we had an actual actual guessing the building, but anyways, go ahead and tell us about your situation, man. Come on. On situation. Okay. Okay, we'll tell us what it is. All right, so look, so what if you did this shit right here, so y'all seen TikTok, right? All right. And I've never seen TikTok, man. All right, so you've been feeling but you said you'd be seen in buttons that niggas be like, the dogs are like pressed into my tree. Yes, I've seen that. Motherfucker wife we make a motherfucking calling I can speak. Like off a fucking color? Yeah. It has a fucking little voice. The audience can hear. It's awesome. I said no. I said calling. Caller? Try to teach these boys how to get on the mic. And so then basically be talking.
"rico" Discussed on Tone Def Podcast
"Now what do you say? All right, you can have multiple boys. I had the wrong board up. But anyways, baby, it's time to have podcast. Y'all know we're in the building and we got real life, yes. We got everything played at night. Of course this night. I could really go off. It sounds better when you hear the music. You can pause and I was like, Paul, but anyways, we got a real life situation in the building. Oh fuck. Oh shit. Fucked up his alias. Damn it. All right, we gotta go back in and edit that. Don't worry about we gonna edit that. Let's just call them JC. Now we gonna cut that out. But anyways, mama JC. My boy in the bed. JC JC. Boy is your boy sister. Now you coming on to say your name too. You came in and you said your name. I know where we gonna cut all that out. Do we got we got a Tom stamp on here? And we got piss on paper Cody. Could you write the Tom down on that? Wait what? One 48. All right, just right to Tom stepped down for me if you don't matter. But yeah, it's totally that podcast baby. We got kissing a building. So we got Javier, Juliana din in the building. He's here. It wasn't his name like Pablo a few minutes ago. But it's really hard. Yeah. But we got Cody in the building. Just Cody just yesterday. Coming to place the right propaganda as he put it on the inside. And of course we got Barry on the sticks. My boy Barry and anyways, I'm not gonna say this man. All right, did you say we come there? I don't know. And then we got my boy RICO nasty in the building. We got to lose her man. All right, I got you. You know we got that point of view. But anyways, doing it bigger than you've ever seen before. He's about to bring us a real life situation on why he hates women, but hey, we fuck with women. Women's rights are here for San Francisco. But anyways, let us know. This is my boy RICO left. Pull over here next to me. You can slide in, though you can tell a little bit of the situation. You got a story about us for us for SnapChat. Bro have you not been listening to a hotel? We don't need to get money get some headphones. I know. All right, so look. The thing I hear about bitch is on snap. I would fuck this bitch. But she doesn't she look overweight but her ass is fat mother, but I was just in a situation for her. But listen, but then the shit I hate is that she posted shit like this. Okay, okay. And then. Oh, dude, you gotta love me, see it. All right, that's my next stupid Stephen. Steve. I thought we had a real life fuck you. Yes. We don't have no guests on this episode. Fucking episode. We gave him his shot to tell us the situation. Did you comprehend any of that Cody with the bear did you with the headphone? Cody, did you hear any of that? What are you saying? All right, anyway. All right, so we're about to move. I'm moving on. All right, now we're moving forward. All right, but anyway, anybody happy? Are you taking the right ones or are you just?.
"rico" Discussed on Planet Mikey
"Aren't these great? Yeah. You know what? I'm gonna make a reality show. Where we grab like old Red Sox players RICO petrocelli Bill Lee Louis Chan. We visit each one of these towns. What's up in Vermont? Vermont has. Cozy corner effingham that's New Hampshire. There's beaver city a bone steel. There's a town called splend Louisiana. I'm not blind. I mean this is gonna be my big calling in life to do a reality show about weird town names. What do you think? I think you'd be good at it. Now sheepshead bay Brooklyn is really Brooklyn. So it's like sheep said basis an area of Brooklyn and that's where that's where RICO's from. RICO petrocelli my Friends Red Sox Hall of Fame legend. One of the greatest guys ever to play the game. And one of my favorite people ever and I'm a huge fan you know RICO. Fans I'll tell you you've been great over the years a friend and you know just an outstanding broadcast. So couldn't decide you know? You have fun. And that's what's great. You have fun when you and you broadcast and you're funny guy and it comes out you know you can't teach that. Thank you. You know what if I don't have fun? I have to get fired. I either get fired or I quit if I don't have fun. That's why I have one rule. Well we're going to dedicate this last song because we're the Italian nature of the guest tonight. RICO petrocelli second generation American. First generation parents came over on the boat probably right? Exactly yeah. We're gonna we're gonna dedicate this to RICO and it's sung by another New York native Italian American person and his name was Dion de meucci and RICO thanks a lot man. This is for you buddy. Ready? Joe and Jerry. Constitue. You go first true. Wow. I'm the type of guy who never settled down. We're pretty girls are. Well you know an I'm around. I kiss him and I love him. 'cause to me they're all the same true. I hug him in the squeeze them. I don't even know their name. They call me the wanderer. Yeah the wanderer. I roam around around around around. My left and there's Miriam went right and genius the girl. I'll be with tonight. And what she asked me the one I love the best I tear off my shirt. Show Rossi I my chest 'cause I'm a wanderer trip. At Shaw's. I go around and round and round and round. I'm getting dizzy trope. From town to town. I go through life without my chance on. I was happy as a clown joke with my two fists of iron but I'm going nowhere. I'm the type of guy who likes to roam around. I've never in one place. I run from town to town and I want to find myself fallen for some girl. I have pretty little caramel and right around the world like John. Let's go.
"rico" Discussed on Planet Mikey
"This is yeah it's in the ballpark. Well I was very fortunate have a very good career play for mister yorky for a lot of years and misses yaki across liked me very much. Sometimes she'd pat me on the butt when I'd walk by. RICO petrocelli costs a very good friend of mine and Lombok. We had. All that got me some other guys too George Scott the boma you know that was quite a good ballclub and I was just very fortunate to be injury free most of the season. That is great. That is perfect. Does that sound like yes? Wow. I've never heard anybody. You know what I did on the you remember the big show with Glen hurray. One time he had me call up they had this underwear company that had these new enhanced underpants that made your butt your butt cheeks look better. And I called up pretending I was yes and ordered some. It's like yeah I'd like to get some of those underwear. They freaked out. They got the owner of the company. They ran and got them because yaz was on the phone. Before they I had to hang up because I mean it just wasn't right. Ordinary was laughing unbelievable. So RICO petrocelli is our guest on a podcast. He's the greatest guy. And he holds the health the American League record for a long time for home runs by a shortstop with 40. And the only guy that could beat it was a rod. He's a guy broke it right? Oh yeah yeah. Yeah he did. People said well he took steroids. So what I mean no not so wide I was you know but you still gotta hit the ball. And the guy was a great talent whether you like him or not. He was a terrific talent. Yes he was. He'd be in the Hall of Fame obviously..
"rico" Discussed on Planet Mikey
"Right right. So he's pepper don't get off my brother and you hear a voice from the guy said you're a voice from the bottom. I didn't touch your brother right in touch. Pepper tones are interesting character. Now is he from he's from New York where is he from your neighborhood? From there near the neighborhood. Yeah. We lived we didn't live that far from each other. Brooklyn. Yeah we both fortunate to be dream come true playing the big leagues. Yeah. He got the play for the hometown team which is not always good Mike. No no. You know what I mean? That could be. Yeah. Yeah and so Joe had some problems and eventually got traded but you know RICO his biggest problem was his hair. I mean it constantly had things to deal with that hair he had wigs and rugs and implants and all kinds of hair products in there. I mean this guy was his hair really ruled his life Joe Pepe. He was the first guy in the major leagues to ever carry and use a blower you know a hairdryer. Yeah yeah..
"rico" Discussed on Latina to Latina
"Tanya there is a renewed focus on femicide in puerto rico but this is of course sadly not a new phenomenon. What is your earliest memory of stories. Like this is actually a story. My grandmother told me when she was very young. She married a someone else not not my grandfather. So she's this young wife. She has two small girls and her husband used to lock her up in the house. She told me this story and she was not being. She was not even resentful. She was just telling me this story about her first husband and how he would leave to work and leave her locked up. She was saying how silly he was so jealous. Like that right so for me. I was terrified. The idea that someone else who loves me an adult and in her house because he was jealous. Someone will look at me are for me. It was a -rageous. But i don't remember voice saying that to her because she was so matter-of-fact about it and that's the earliest memory i have. I was thought nine a grueling me. And how normalize it was for several generations in my in my country. We culture that men do that women. Draw a line for me as you see it from that story to how we're still talking about femicide in the year. Twenty twenty one. I think we've overcome some obstacles. But sometimes i think everything that has been gains always the parable of being lost so way not on we have to fight key what we gain but also to forward was boulder and expensive ways off noli dealing move. The problem itself generates violence vosa with naming storytelling. It's how do you tell the story of the victim. Why do you say deaths and you don't say homicide because i'm raising a daughter and sometimes i terrified that she's going to go out in a world that doesn't think of her as full human.
"rico" Discussed on Los' Lounge
"And puerto rico team. Maria's team class. I love live now gone..
"rico" Discussed on Los' Lounge
"Like diarrhea of it all just very the bike started shaking. My started raising. I said you better focus. Otherwise it's we didn't want it to be but then the bike felt like it was gonna come off track. Oh yes honey. Yeah listen so. I just prayed and i got it together but then i looked to my love to see where my cousin was at. I'm not even done with the track. This girl is still stuck again again. Which the player does because she said well. Some hot boys came to the rescue last time. Let's see there's more hot boys over here. I get it i get it i get it i get it. I didn't see it. I didn't see it actually. I really don't know if that was her plan. But we talked about this. We talked about this not about planned. And i feel bad because you know what you don't know is that you really have to balance on. This is a mind game you know. It was an incredible experience and it was all about fear and adrenaline. And i'm so excited that experienced that when my cousin and god bless her for being stuck there twice Rescued there's pictures of it if you go on my instagram carlos underscore. I n two zero two one. Carlos is spelled with a k. There's a picture of it is pretty cool. So that was a great experience. We went into bat caves. And i i learned about bats in the importance of bats lake. Who cares about bats. You know what. I'm saying like who the fuck goes to see the bats i know i know. Can i tell you something. We need. The bat i know you can't be scared of for pollination i learned so much listen it was like it. Felt like a fucking pbs. Special live in puerto rico. Like it was just really. Did it really did. It was incredible in the views and the cave experience and just hearing them above you. I've got pictures of it on my instagram on instagram. Gone the instrument. It's all it's all there saw. They're all they're all there. You know was incredible. Incredible all right. Lastly in this middle portion of the show. What else do. I want to tell you about who okay. Let me sip coca cola coca cola carmen sponsor me check it out so we went to gobbo home which is pretty much all the way west bottom quarter of the island literally corner because i got to be by the corner cliffs which were incredible which that's a whole different story. I got to see an incredible lighthouse. I got to eat by the ocean. Incredible food such as still stolen with maiyo catch up mile. Ketchup is a big thing in our culture. Back up back up and and afrita and more mahy dole's 'cause you want mojo's on gasoline. Not because that's what they drink and in puerto rico's the gasoline they do so that's how do apparently i'm here for it. I am here for it Pfizer mojo. I recommend it. Oh no we skipped the whole different story. Loungers our old san juan. You know what let's take a break. I decided yeah. Well i have to. I'm gonna wash my hands of the moisturizer real quick. And then when we come back i wanna talk to you about old san juan and i'm going to play some audio from the trip as well and also worked. Just i want talk about moving forward and also where the show is going to go forward to on. Because i've had time to think and think about everything. Isn't that great when you have. I mean we had all the time last year. But i was consumed with that said i have to go pee and you have to go pee and let's come back right after my little stupid mid break you already know i decided i don't wanna go pee so i'm just going to finish the story non joking i'm going to. I don't know why become. But i like i like traveling is going on in my life. Founded the bat georgie This important to know that you know at least for me was when you come back home. How are you going to be. Okay are you good. Where are you now and are. How do you move forward once you touch lands once you put your feet on back on. Us soil back home in massachusetts. And so you know. There's lots of browning that has to be done. There's lots of Manage and also stupid for like people that don't understand but for the ones who know exactly what i'm talking about. I don't let anyone tell you that that there's a timeframe and i'm saying you know what i'm saying there is no time limit.
"rico" Discussed on Drunk Unks Podcast
"Hurting. Ma'am i mean we'll see now. Technically they shouldn't have to go through have the shit they went through now. 'cause the house senate president. It's all blue. Oslo so my thing is everything. Blew up one man. Get my back twitter account. I want to hear the he got to say. I wonder here in the city on pop. Now you're not president. Then we'll get his. The funniest shit was what it means to dropping was like. Oh shit trump make america. Great again auto. Democrats is in charge. I was like damn for democrats in fokker. Bugs to gamma by futterman. Whoop is as a boy. Her dog walking away looking at balloons. Let get back home. And they say i don't even talk a lot of shit. I mean first of all right now president. Muroff you gotta you gotta do some shit gabe to give banner twitter twitter twitter. You damn near see anything on twitter so to get banned from like now. We just can't do it. They blackboard mahboob. that's how you really blackballed that boats. On a raking brought you'll everybody came. Be said assange stop stops right shops out get this. If you're said i saw a segment an accuser. Kohl's everybody yells. If i knew i knew trump man. 'cause bring up drew comment. I know trump. He la. I can't get no social media. Benji sending three page emails released that. Aol avian listeners. I want my mortgage back so you can tell decided to the story buggy talking about twenty but you gotta say trump is trump mixed bag streets out to in now kodak by eight out way to go over the features so you'll get a couple of features. He did make sure man. Harry yoga part regarding. Don't who harry. Oh is michael harry. Oh harris was the secret member Like the silent member or defer records. Why didn't make it was already in jail facing life. He gave at one point. Five million start death row records so he did partner him talk man now. Why why did he make these moves. I did story like why did he them. Miami because first of all anybody trying to get their votes on the wayne was waiting to go to. Louis was what is up. Shot the wayne. He had the best game planning go out publicly. I'm gonna say i'm gonna support this mega. He go get these charges dropped. And then i'm gonna just do me. Whatever these charges to drop them. Robbing generally donny. Big big deals. I shared with lightning. I got two weeks left. I'd get you list right now. Then he says something about a limo of do joyce he says. We're not picking him up. He didn't get the part in this. Do carol baskin said a nigga. The secret service detail about to be cut by like eighty.
"rico" Discussed on Golden Edge - Vegas Golden Knights Hockey
"So if you have a camera on like press row during these postgame zoom call to basically a bunch of us like pressing our ears to our computer to make sure. We're actually hearing what these guys are saying to us. So i i completely missed the boat on max pacioretty dropping this nugget in so if he had even made a reference i would missed it and not reacted so i will just point out that that was kind of coloring my reaction i also as i have said i have not seen the movie have gotten it anyway. So big question. They've as someone who has not seen this movie. Where does giants rank in your personal pantheon of childhood sports movies. Because as you know. I just said i am a mighty ducks person specifically a mighty ducks too person. That is my personal favourite keenan thompson. Coming in with the knuckle puck you get some some great. One liners including a greenland is full of ice in. Iceland is very nice which helped me through geography classes later as a high school student. So that's that's number one for me. But i'm curious where this movie specifically ranked for you. I was gonna say you seem like kind of that. Iceland guy using you're probably into that. Yeah absolutely okay. So first off before i get into my rankings of childhood things i actually want to talk about rick moranis. Because it's such an underrated. Rick moranis movie and i feel like there's this gap because for those that don't own aren't like movie buffs and whatever. So he was like a big in the eighties movies. Yes yes so all these movies and like it stirred up all these like thoughts. And whenever i'm like oh my gosh like my blue have in parenthood. He was in so many really good movies. And then if you know the story unfortunately it's a little bit tragic. So his his wife passed away. She had breast cancer. I believe in. Rick marinas left hollywood to raise his kids and he's kind of comeback. Recently i think he appeared in a commercial that yeah. Yeah so so. It's kinda cool that like all of a sudden there's this rick moranis reference and he's kind of starting to come back and maybe he'll do some movies and and all that so he's such a cool character he played all these kind of like really like straight man. Kinda dad's sort of things. He's got this dorky sort of quality to him. Every you know growing up he was always wanted like a funny guys on the in all of the The comedy movies but okay so anyway. My rankings. it's an inquest. Do you like a like a full list. It's somewhere in like around the top five..
"rico" Discussed on Talking To Change - A Motivational Interviewing podcast
"If you're going to get you're you're still trying to get to the same place you how you get. There is a bit more back to the a you describe process most stand. And that's where it's gratifying to have the participant learn about themselves or what what works for them and maybe you know might it might work. So that's where it's gratifying that you help that person. Discover what works for them we'll gabrielle. Is we start winding things down for our conversation today. Which is really been wonderful. We always ask our guests if they would want to share something that they have an interest. That's percolating something either. Professional or personal be related to 'em i but it might not that you'd like to share with our listeners. Few hundred on our podcast. Now if you were doing something that you really enjoyed what would we do well right now because wearing quarantine it's very limited. Usually i like to walk with my daughter near the beach sometimes or go to the beach. I don't go that much as before but we're not doing that lately. So i think i would be walking near the beach sometimes. My daughter and i like to cook different recipes. I figure out how to do phone the other day which is something that usually i eat at a restaurant bed because i'm awaiting restaurants i just looked it up and i made it wasn't bad i think i've done it twice now. Things like french onion soup. That i love to ask for in a restaurant. I've been making them now. Made it like three or four times. Actually it's kind of a stress reliever sometimes. I made banana bread. Which i've never made before and things like that so i've been doing that having been to puerto rico maybe seven years ago. I can attest to fungal as something that really seems to be. Uniquely puerto rican and really quite delicious. So i imagine most people listening. I have no idea what mongo is without a lengthy description. How would you describe it very favoring so has garlic in it so you lay garlic. You're gonna like longo. Some people think it's kind of dry because it's made out of plantain so plantation is like a. It's like a banana but it's larger. And i think it's harder sometimes harder also so what you do is you cut it in pieces. You fry it. Yes this is cried and then you match it. And you add garlic in it salts olive oil and you mash it again altogether and you can eat it as a side dish on. Its own you put it in a little bowl and you know you form it. Put in your plate like a side dish or you can make little bigger one. Make a hole in it. And put meet in ed or j- again took it and put some put in in so it's very good. You could clearly see the the energy and the excitement and in as you were describing. What was you. You've been learning. And i guess a lot of people will be identifying. How many new things that they have learned as a direct consequence of lockdown in quarantine are all of the world and discovering hidden talents. Potentially one of the the the secondary consequences of this pandemic has been. The some of the light has come from our own bushel. And we're not discover things yourself so we really appreciate you sharing with us what we also do as well gabrielle is. Is that if our audience are interested in anything but that you described unwanted. Have a conversation with you can contact you afterwards high. Would they do that. Courts they can contact contact me email which is g. t. u. d. nine six at gmail.com. I'll spell it out just in case so it's g hasn't gabrielle. T..
"rico" Discussed on Talking To Change - A Motivational Interviewing podcast
"So we have a lot of influence. Also from africans like using gains food. So that's basically how i can describe our culture. It's very buried. So our culture not going to be the same as other people from other latin american countries because our history is very different. But we also have a lot of american influence. Because our territory. So it's kind of very complex. I guess are true. We have a lot of. Let's say with programs and projects in different Situations that are going on. We relate a lot to latin america and then a lot to us background. So lots of different ingredients lead into the expanse of being an individual and the community levin on the island of puerto rico. And i guess leading on from what was asking just high in high. In what ways do you think this particular and unique bland of culture has received motivation. What family has it had to do with motivation. Enter into odd. Some ingredients adds some of the spice of puerto rico to the practice of ma for it to be useful and meaningful for them. Hopkins of puerto rico in a land. Break-ins are enough. Sure you guys heard about this before we're used to going to someone a doctor a counselor social worker. And they're the expert. Were sitting there listening to the expert. Ause what to do as puerto ricans. Were very familiar. You know we're a little bit more sometimes. We don't call the doctor dr something. Sometimes we call them by the first name because even the doctors. Tell me bob or some so in that aspect. I don't think it's too far not that another we're going to be working professionally..
"rico" Discussed on Talking To Change - A Motivational Interviewing podcast
"And welcome to another episode of talking to change a motivational interviewing podcast. My name sebastian. Kaplan and i'm based in winston salem north carolina in the usa. And as always. I'm joined by my good friend. Glenn hines from derry. Northern ireland low. There glenn close palu. We have a more of an international flavor today as we do from time to time and we'll introduce our guest shortly we're excited to hear about Goings on in the caribbean today. Before we do that glenn want you help. Our audience know where they can contact us and find our podcast so on twitter. We're at chains talking on instagram. It's talking to change podcast on facebook. It's talking to chains on for questions or inquiries and released to the trinity will offer. Its podcast glam. Hangs dot com. Yes and rates and reviews and suggestions for episodes are always. Welcome we Continue to get some of those and always excited to receive them so before introduce. Our guest probably makes sense to give a little bit of context each year. The trainers a group called the mint motivational interviewing network of trainers. We have a conference or what we call a forum and this year the forum was supposed to be last week. Actually in puerto rico. We were pretty excited to have a site like puerto rico. Historically are forums have been either in the united states in the geographic united states of america or in europe and this was the first opportunity to have the main forum in a location. That is Pretty different from how we've Where we've had the forms before and so we thought it'd be a great idea to invite a guest from puerto rico in advance of the forum to talk about. What am i is like in puerto rico and sort of the cultural ramifications of adapting. Am i in spanish and things like that. Unfortunately because of the pandemic puerto rico forum was cancelled. Not sure about the plans to return to puerto. Rico hopefully we will. But we decided to continue with our plan to have our guest from the island of puerto rico on to discuss motivational interviewing so we welcome gabrielle reece gabrielle. Welcome to the podcast. I thank you. I appreciate the tation and i hope to have with vice here. Yeah we. we're looking forward to it so very often. We asked people from the start just to share a little bit about yourself what you do now but also talk a little bit about how you first came to learn about. Him is or your early story. I started learning in mind when i was fourteen and a smoking cessation. Quit line so. I starting two thousand six with my training From actually people from md anderson in. Houston i was using. Am i in the quit line..