35 Burst results for "Thailand"
The Bad Crypto Podcast
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.
Evangelism On Fire
A highlight from Sydney Sundance Smith's - God Story
"Welcome to Evangelism on Fire podcast. My name is Mark Thomas, an ordained pastor, a teacher of the best selling book of all time, your host, and most importantly, your evangelism coach. Every episode, I bring you an inspiring message to help you live the most exciting life God has created you to live by actively sharing your faith in Jesus with others. I believe in the power of the gospel and the potential of all Christians to live out the mission of the great commission. I believe the best way for Christians to grow is to go. It's time for a revolution in every Christian's life around the world so that every person everywhere around the world can hear the gospel of Jesus Christ from a friend or a family member through one -on -one evangelism. I'm so thankful for our time together today. I absolutely love spending time with you, evangelism on fire nation. I believe this podcast will truly inspire you and I believe it will inspire so many people that you know. And if you're inspired and feeling moved to share this, then please message some friends, post this on social media and let people know about this episode so we can get this message out there more. I appreciate you and everyone listening right now. And a quick reminder, I encourage you to subscribe to the podcast, to rate it, to review it, to spread the word on social media and spread the message of evangelism on fire forward. Many people are looking for hope these days, especially young people. They wanna be part of something bigger. And here at evangelism on fire ministry, we have big plans to reach them in 2023. Here's where you will not find hope. You won't find hope in the culture. You won't find hope in technology. You won't find hope even in many ways in politics. Now, all of these things have their place, but true hope can only be found in God. The message that we wanna share is that God wants to give hope to the young generation and all generations, that there is hope for them through a relationship with God, through Jesus Christ. And we wanna offer this hope to as many people as possible in 2023 through our outreach ministries, which of course includes our EOF podcast ministry. I'm asking you to join us at EOF ministry and become a partner. A partner is just a friend that makes a regular commitment to us each and every month. They stand by us. That enables us to respond to the opportunities that are coming our way. In many ways, we live in a hopeless world, but through Christ, we have hope. Life without God is a hopeless end. Life with Him is an endless hope. Join us right now and become a part of our team and let's reach the world with the most important message that exists, the gospel message. Join us for the plans we have for ministry in 2023 by becoming an Evangelism on Fire ministry partner. Are you ready? Well, this is your next step. Go to today's show notes and click on the giving link to become a monthly partner by setting up a monthly donation or go to our website evangelismonfire .com. Click on the donate button to give a monthly reoccurring donation or a one -time gift. Thank you for joining us to give hope to the world. All right, welcome Evangelism on Fire nation to today's podcast episode. Man, I've got a big time treat for you guys today. We have on our podcast episode today, Sydney Sundance Smith. She's 31 years old. And let me tell you what, she's on a mission to be one of the world's top female bare knuckle fighters. And listen, she has her eye on the title. And you know what? Something that I love about Sydney is that she is a true spiritual warrior and she carries her faith and her father's memory with her everywhere she goes and into the ring. Sydney Sundance Smith, welcome to Evangelism on Fire podcast. How are you doing? I'm blessed and highly favored. Yeah, I'm doing well. I feel really good. You know, I'm in a really good place in my life, so. That's awesome. I'm so happy for you. So you know what? So my audience, Evangelism on Fire Nation, so they know more about you. I gave you a little introduction, but tell us more about who you are. Oh, wow. I feel like that's such a big question, right? Like the, what does Shrek say? Like an ogre, I have like an onion, I have ears. Yeah, I don't know, man. I'm just like a kid from the middle of nowhere. I grew up on a horse farm. All three of us, my brother and my sister and myself, we were all born at home. We were not born in a hospital. Oh, you were born at home? Not a hospital, at home. Oh, wow. And so for my sister's birth, my dad actually had to deliver her because the midwife was somewhere else. And so she didn't get there. Oh, wow. So my dad had to deliver my sister. That is wild. What was going on with the midwife? It starts wild. She was delivering another baby like across the county. Right. Wow, that's such a cool story to start this podcast off. Hey, it's interesting from starting to talking with that. You know what I'm saying? But yeah, I mean, I don't know. I just grew up out like in the middle of nowhere in a place called Middlebrook. Doesn't even have enough people to be considered a town and still considered a village to this day. When I first heard about you, I was when I was training at Mixed Martial Arts Institute here in Richmond, Virginia. And I would hear your name mentioned, you know, in my training sessions. Then I got to be good friends with Gigi, who she owned MMA Institute around the area that she lived. In Charlottesville, yeah. Yeah, for a little bit. And through Rick McCoy and Tyus Thomas and David Gladfelter, I got to know more about you because I would just hear your name around, you know, the Institute. So let's get right into it. How did you come to faith in Jesus Christ? So I actually, I grew up in it. I just kind of always believed he was there, that he was and that his son existed. And I didn't really know too much about the Holy Spirit growing up. That wasn't really something, it's not really something that Presbyterians talk about a lot, you know. And so, yeah, I mean, I had a relationship with him for, you know, most of my life, but it really didn't, it was like, you know, like the shockwave kind of hit more when I was like 16, 17. And I was really starting to go through like some really serious suicide and depression. And I got really, you know, just really into the word. And, you know, my mom bought me a study Bible on Easter, the year I turned 17. And I still have it, I still use it every day. And so that really just kind of, cause I just have this insatiable appetite just like to know things. I don't know why I just do. And so, yeah, so giving me a study Bible was a great way. And I just never looked back, you know. And that's, I mean, I've had my ups and downs, right? You know what I mean? I'm not saying, I've walked a perfect path since I was a teenager that is far from true. But, you know, it doesn't mean that I've ever stopped believing in God or loving God or talking to God. You know, I think that I just kind of have this different understanding of who he is and like what he wants to do. Like he's never gonna give up on you, you know? And I think that's something that's really important and not something that I really want to get out there is that I'm not saying go out there and do all these bad things. We shouldn't sin much so that grace can abound much. But what I'm saying is that like, grace covers a multitude of sins. That's what I'm saying. And there's no shame, no condemnation for those that are made new in Christ. And that's what I'm trying to come and talk about is there's a way, we've kind of gotten to this point as a society where if anybody starts saying like, thus sayeth the Lord, or you quote the word in a way that people know that you're quoting the word to them, they just shut down, right? And so I don't know, I just feel like God has written it on my heart in a way that, you know, I just talk about it. I'm not trying to shove it down your throat. I'm not trying to like preach at you, but I just, I feel like God is so enmeshed in everything and every single moment of every single day that I mean, his word is just one more example of that. And speaking it is very powerful and that's something I learned along the way. And so to speak it, you have to know the word. Say that again, Sydney, maybe that one more time. To speak the word, you have to know the word. So yeah, you know, write it on your heart. Yeah, to speak the word, you have to know the word, you know, and I've read some articles about you that you are in the word daily. Yeah, I love that. I love that. Every day. In my study Bible, Josephus, you know, I've got like the concordance, the Hebrew and the Greeks dictionaries. Like I really do, like, I truly go through it all, all the time. I just love it, you know. I think it's really interesting. And I think that when you study the different translations, not that anyone is better or worse than any of the others, but I think that, you know, they all have something to offer. And, you know, that goes for like the Hebrew and the Greek too, because their vocab, like, I don't know how to explain it, but their vocabulary was richer. It was like more dense than ours is. I feel like the words that they chose to communicate what was going on or how they were feeling or what God was saying were chosen for specific reasons. They did a lot of like play on words with, you know, like was it Adam and I can't remember the other one, like that that's similar to his name, but it's like Adan or whatever, you know. And like, so one means Adam and one means something that's like completely opposite and bad that he did or whatever, you know. Hey, you know what, if someone's listening right now, right, so this is mostly a Christian podcast, but a lot of those listeners out there right now, they're not reading the word daily, say like you are or I am. What encouragement would you give to them to pick up the best -selling book of all time, the Bible, right, and get in the word and, you know, taste that a little bit every day. What would you, what encouragement would you give to them? I mean, what do you have to lose, right? Like there's so many places in the Bible where it talks about how we should meditate on God's word. And that's not just sitting there and being like, oh, you know, I'm thinking about your word. But the Hebrew and the Greek actually means to like speak on the utterance, to talk to yourself about it. And honestly, you know, you shouldn't look at it as a chore. I know for a long time, you know, it's not like I've read my Bible every single day for my entire life, right? Like we all go through stages and phases and seasons, but, you know, habits are what you consistently do. So, you know, it's gonna take time to get to that point where, you know, you make it, it's just part of what you do every day. You have your coffee and you sit down and you spend time with God first thing, you know, that's kind of like what I like to do. Just pick a time that works for you. It doesn't have to be like, oh, I'm spending 45 minutes, you know, just literally anything is better than nothing, right? Like God just wants you to say, hey, you're important to me and I'm taking this time out of my day to just spend this time with you. Set yourself up to like read five verses or read a chapter a day or, you know, start with small bits. But I mean, honestly, try not to look at it as a chore. I mean, you're meeting with the creator of the universe and magnificent things happen. Ah, come on. I mean, you know, Jesus is the word, right? Yeah. So, I mean, if you shun the word, you're kind of like shunning Jesus in a way. And he came to give us life more abundantly. So how can you have abundant life if you kind of like refuse the one who's trying to give it to you? Wow, that is, that's deep. That's profound. That is so good. That's the Holy Spirit now. That's the Holy Spirit. Speaking in and through you. Just do the talking. Cause I ramble. People know that. I'll talk forever, especially when it's about God. So I was like, God, please just let the Holy Spirit. Isn't it cool when the Holy Spirit speaks in you and through you and you hear what you just say and you're like, wow, thank you, Holy Spirit. That was totally you. Yeah, that was not me. You're like, whoa, that was good. Yeah, that was fire. That was fire, straight fire. Yeah, I was praying for like tongues of fire to be dropping on people in Albuquerque and stuff. Like it would be so heavy in the arena. Like I pray for that kind of stuff. Like to me, when I walked into church on Sunday, cause I've been doing like a really in -depth study on Joshua. I actually did a pretty in -depth study on judges. And then I went back and did Joshua cause God was like, go read Joshua. And I was like, all right, cool. So that's what I did. And you know, so I walked into church on Sunday and I just, I felt God say, take your shoes off. This is Holy ground, you know? And that was what I prayed over the ring the last time I fought in May, cause they let you go out and check the ring out. And so like, I prayed in the spirit and, you know, people call that speaking in tongues. To me, I call it praying in the spirit. It's personal between me and God. But you know, and I just remember saying like, this is Holy ground. Do you know what I mean? And I like closed the whole circle of it and like, you know, I just, and I pray about it before I go, pray about like his spirit being there, you know, and the Bible says that, that God himself is enthroned on the praises of Israel. And then people want to ask me, like, why do you walk out to Christian rapper, Christian praise music? And I'm like, why wouldn't I, you know, I'm inviting, I'm inviting God to come in and like come into my situation. You know what I mean? And just, and yeah. So to me, it's, it's a lot different, you know? So much of it is spiritually based for me. I mean, even like the hashtag, watch me rise that I use, right? That actually comes from one of my favorite verses in Judges. And it's because it was a woman judge who spoke at Deborah. And you know, I'm always about like the women warriors, like the outcasts that, you know, in society it's like says to be ladylike and they're like, no, I'm going to go fight with the dudes. Like that's who I've always identified with, you know, like Mulan was my favorite Disney movie. Like, yeah. So yeah, I mean, I don't know. I lost her. So, you know what you, you mentioned a moment ago, August. So you have an upcoming fight Albuquerque, right? Just trying to trace that one back, but yeah. But you also mentioned that how you went into the ring and prayed at your last fight. Now your last fight, you beat your opponent. You landed 98 punches to her 26. And you know what I'm like that. Yeah. And you only suffered a few bruises. Tell us about that fight. You know, there was a lot of craziness going into that fight that, you know, I just kind of briefly spoke on and that's pretty much, you know, most of like that's like the gist of what I'll say about it just to like, you know, maintain a modicum of respectability, but basically my corners last minute abandoned me for no good reason. And like one of them wasted a promotion flight and all this stuff, like it was insane. And I'm like at the airport, you know, trying to figure this stuff out. My friend drove down from South Carolina with her mom and her four year old son and like to corner me. And man, it was just wild. Like so many God moments happened. You know what I mean? It was like for every curse, there are two blessings. Like that was, that came true. You know what I mean? Like that was just so evident. And it wasn't just for me. It was for so many other people around me too. Like my friend who came down, she had been, you know, kind of like, you know, a rough state, a stagnant place in her faith with God. And, you know, I guess was feeling some type of way. And when she saw like everything that had happened and how God just like made everything just boom, boom, boom, boom, she was like, look, I told my whole family, there's no way I'll ever question again, if that is real, you know? So literally it was just nothing but God. I was just having a blast. Like I had to put all that stuff out of my mind. I didn't feel any emotion. Like, you know what I mean? I felt some, but I just prayed for protection and peace and to stay on point for what we came there to do. You know, like I had, like I have people who like, I have prayer warriors who literally like that is what we do is we pray over these events. It's not just we're praying over my fight. We're praying over the event as a whole, you know, we're praying over all of the millions of live viewers, you know, that's what we're doing. And it, I mean, hey, I couldn't have, I mean, it was other than, you know, just wanting to push the pace a little bit more. I feel like, you know, it wasn't, it wasn't a bad start to be KFC, you know what I'm saying? And you know what? BKFC, now, one thing I love about you, okay? You're a different breed, okay? You have martial artists, you have your MMA fighters, but tell my audience, maybe some of them don't, they do not know what BKFC is. You're a whole different beast, okay? All right, you're a whole different human beings. So evangelism on fire nation. If you don't know what BKFC is, listen to this. Tell my audience what type of fighter you are, Sydney Sundance Smith. So I started off in MMA, but I was waiting very patiently for them to open my weight class. And when they did, we fight with no gloves, just a little bit of wrap support around your wrist. And you know, I take down some of that. You're talking bare knuckle. Bare knuckles, yeah. Bare knuckles. 100%. She said 100%. Facts, yes. I'm so like, okay, so they're coming up with this new card. It's one in Thailand. It's like the super fight or whatever. And they're letting them do, it's a special rules, bare knuckle Muay Thai. Ooh. I have been bugging the crap out of them. Like, hey, can we get a bare knuckle Muay Thai? And they're like crickets. And then this happens and I'm like, I see y 'all. I see what's happening. Y 'all keep me in mind at 1 .15, I told them, I told all of them, I've told my manager, I've told Dave Felt, I mean, you know, I've told them all. I said, if you start a bare knuckle Muay Thai, don't even ask me any questions, you just sign me up. Sign you up. Every single time you have a fight for me, don't even ask me, don't ask me no questions, just sign me up. Don't do that until the day I cannot fight for. That appeals to me. So how do you go from MMA to bare knuckle fighting? How does that transition happen? Very carefully, I guess. It's hard not to kick people and knee people. I mean, honestly, I was just waiting for them, like I said, to open my weight class. It's been around for five years now. So you're a straw weight, correct? Yeah, yes. All right. They had 1 .25 for a while and I, you know, I've been offered a couple of different, different promotional bare knuckle, you know, fights at 1 .25. But I just, you know, I had a lot of medical issues and stuff and, you know, even now healthy, I have to, I have to work to be at like 1 .32 walking around, you know, like a healthy 1 .32. So there's no way I could fight at 1 .25. Those girls cut from like an insane amount and yeah, no. I'm good at 1 .15, you know, like I can make the weight. It doesn't bother me. I make 1 .15, like my body just automatically knows like, oh, it's time to cut weight. And it just does it. Like I really, you know, I just have this really good system and as long as I stick to it, then I really don't have any problems. I cut weight and I feel so strong. It's so weird, but it's just, I've gotten it down to that, down to that point, you know. You know, one thing that I've heard about you, tell me if this is true, but I've heard that you're a fighter who likes to get hit. Oh yeah, oh yeah, yeah, yeah, yeah. Yeah, so like, you know, Donald Cerrone, you know, he kind of like a little bit of a slow starter sometimes. He's got to get hit a few times to like kind of wake him up. And then he's just like, you know, like back in the day, that's, that's kind of like me. You know what I mean? It's like, if you don't, if you're not going to exchange with me, it's kind of hard. Like, yeah, I mean, I still fight you, right? But it's not going to be the same level of fight. You know, if you're, if you want to bang with me, you're going to, like, I know people think like, maybe I'm just, you know, exaggerating or whatever, but like, you're going to get a different, a different side of me. Like you're going to bring out something in me that is like, oh, okay, you think that was hard, like my turn. You know what I mean? Like I get to hit you now, right? So I don't know. I just, I love it. I've always loved it. I fought Chelsea McCoy for my first fight, right? Like Rick McCoy's daughter, first ever MMA fight. She hit me so hard, I fought double. I'm not even kidding, right? I didn't know what to do. I had never, like, I was training out of a basement with some, you know, with a guy who had a few amateur fights under his belt. Like, it wasn't like I was Rick McCoy's daughter trained at the MMA Institute, right? I apparently even knew what the MMA Institute was. And I was just like, yeah, I'll fight her. Everybody was like, you're really going to fight her? And I was like, yeah. And then like, I didn't get knocked out or submitted or anything, right? Like we had a good fight, but yeah, she made me see double and I was just kind of like, you know, it was in that moment where it was, it was kind of like, you're either going to do this and you're going to love it. Like, that's going to, that's going to do it for you. You know what I mean? Yeah. Or you're done. You know what I mean? This is not for you. Yeah. And I was just like, I shook my head and I was like, well, then I was like, just pick one, you know? So it kind of solidified that. And you know, so it's not the last time I've seen double in a fight.
Game of Crimes
A highlight from 117: Part 2: Charles Lutz Takes on Unpopular Causes from Vietnam to DEA to TSA
"Did you ever get any chatter that he was still alive, you know, anywhere? Well we, we, we looked for him. I had information he was actually a fled to Irania Perthet, which is a town on the Cambodian border in Thailand. And so I actually wanted investigative assistance and I went up there and spent a couple of days at a picture of Sukhri and checked out all the bars and massage parlors and whatever, see if we could find him. And, and we never did. But the other case I was going to mention, I think you might find interesting, is while I was doing this undercover thing with Sukhri, the agent who was handling the Herman Jackson, Ike Atkinson case in Bangkok, which is a group of, of retired military NCA, NCOs that were, had been smuggling heroin back to the States. That agent was transferred back to the States. And then in those days, every case had to have an agent assigned to it, if only to write status reports. So my boss, Paul Brown, dumped this Atkinson case on me and I thought, oh man, what, I got enough to do. But it actually turned out to be a blessing because I, I, I guess after a few days, got a call from San Francisco from an agent, Lionel Stewart, and there had been a couple of, of guys in, arrested in Japan, military, US Army guys, and they, one of them flipped and identified his source of supply as the bartender at a bar owned in Bangkok by this Herman Jackson. So I thought, wow, you know, maybe, maybe we can make something in this case after all. Long story short, Lionel came over and we made, he actually made an undercover purchase of heroin from the source of supply. We, we got him to San Francisco where he was arrested and he ended up, I mean, it's a long story, but we ended up being able to, with some of the evidence we got through that case, we were able to prosecute Atkinson in North Carolina. You gotta, you gotta understand, Morgan, this guy's talking about Lionel Stewart. So when I get to Miami and Charles here is the ASAC, we had two associate SACs and one of them was Lionel Stewart. This guy was a shuckin' and jivin' character. I mean, he was hilarious, black gentleman, would not cut anybody's slack. He, you know, he called a spade a spade and he did it to your face, he did it behind your back, but he was hilarious. I mean, he would just entertain. You could see how the guy could work undercover. I mean, he could sell ice to an Eskimo, you know, that kind of attitude. Yeah. Well, in my book, I call him the professor of undercover science. There you go. That's a good title.
The Crypto Overnighter
A highlight from 674:JPEX Meltdown, FTXs Family Feud, and Global Regulatory Squeeze
"Dispatch, this is Mindy at ME Flow. You know, you don't have to put off fixing plumbing problems in your home anymore. I mean, you could just ignore that clogged drain. Or visit MEFlow .com to take care of your plumbing problems. ME Flow, License 271 -001 -2450. Dispatch, this is Mindy at ME Flow. Coming to terms with a dying AC unit is tough. I know, because I've been there. I tried to get my old unit to last just one more summer, and boy did I pay the price. Longest summer of my life. So trust me, if you need to replace your AC, just call ME Flow. My team is on time, total pros, and can take care of any type of AC replacement. Visit MEFlow .com to schedule your free estimate. ME Flow. One call, one company. Well, I gotta get back to it. Dispatch, this is Mindy. Go ahead. Good evening, and welcome to the Crypto Overnighter. I'm Nickademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10pm Pacific on Tuesday, September 19th, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into Hong Kong's JPEG scandal, which has rocked the crypto world and prompted regulatory crackdowns. Across the pond, the UK is sharpening its legal tools to seize crypto assets. But at what cost to financial freedom? In a surprising twist, FTX is suing the parents of its founder, Sam Bankman -Fried, for alleged misappropriation of funds. Meanwhile, the New York Department of Financial Services is tightening its grip on crypto firms with new guidelines. Down in Thailand, a new tax policy could discourage crypto trading by residents, and over in Malta, the blockchain island is aligning itself with new European crypto regulations. Since around the beginning of the year, we started bringing stories about Hong Kong's re -emergence into the world of crypto. We watched China turn a blind eye as Hong Kong politicians and officials appeared to soften their stance against crypto. We've watched as policies have been announced and licenses granted. Sadly, it seems Hong Kong's brand new crypto landscape is in turmoil thanks to the JPEG scandal. The Hong Kong police have arrested eight individuals in connection with the alleged fraud. The police received 1 ,641 complaints involving assets around HK $1 .19 billion. The authorities also seized cash, jewelry, computers, and phones worth about HK $8 million. Additionally, HK $15 million in relevant bank accounts were frozen, along with properties worth about HK $44 million. Hong Kong lawmaker Duncan Chu stated that the city is running its second round of consultation for stablecoin issuance guidelines. He hopes that regulatory guidelines for stablecoin issuers will be released by the middle of next year. This comes as Hong Kong aims to develop itself into a Web3 hub. In June, Hong Kong officially started its crypto licensing regime, allowing licensed exchanges to offer crypto trading services. The JPEG scandal is a glaring example of why regulation is both a necessity and a double -edged sword in the world of crypto. Hong Kong, unlike its hulking big brother China, has been more welcoming to crypto firms. Yet, the JPEG case shows that this openness can be exploited, and the government's response? Tighten the news. Hong Kong's chief executive announced increased efforts to inform investors to only use platforms with Securities and Futures Commission licenses. The JPEG case exposed the vulnerabilities in Hong Kong's crypto market, and it's clear that the government is now in damage control mode. The question is, will this lead to overregulation, thereby stifling innovation, or will it strike a balance, ensuring both growth and security? Either way, it's a critical moment for crypto in Hong Kong, and by extension for the global crypto community. Now before we move on, remember if you find this content valuable, hit that follow button and turn on notifications. Now from Hong Kong's regulatory puzzle, we hop over to the UK. The British are writing new laws that could redefine your notion of financial freedom. Is this an evolution or a step back? Let's find out. The UK is ramping up its efforts to combat crypto -related crimes. A new bill, known as the Economic Crime and Corporate Transparency Bill, is set to be enacted later this year. This legislation aims to empower local authorities with the ability to freeze and seize crypto assets tied to criminal activities more efficiently. The bill removes the need for an arrest or conviction before assets can be frozen. This is a significant change from the current laws. The bill also introduces new civil forfeiture powers. These allow assets to be seized even if a person is not convicted of a criminal offense. This is particularly useful in cases where the subject of the investigation is unlikely to face justice in the UK. The UK plans to spend $124 million to fight economic crimes, a 50 % increase compared to 2020. The bill has moved to its final stages in parliament and is awaiting final approval. Okay, where do I begin? The UK's new bill is a double -edged sword. On the one hand, it's a powerful tool for law enforcement. It can prevent criminals from moving their assets offshore before they're seized. But on the flip side, this could be a slippery slope towards more centralized control over crypto assets. The bill's broad powers could potentially be misused, leading to unjust seizures. Moreover, the UK's aggressive stance might push crypto activities to jurisdictions with lax regulations. This could make it even more challenging for global authorities to track illicit activities. The bill also raises questions about financial privacy. How much power should a government have to freeze and seize assets without a conviction? The UK's move is a clear signal that governments are becoming increasingly uncomfortable with the decentralized nature of cryptocurrencies. While the bill aims to fight economic crimes, it also sets a precedent that could be followed by other countries. This could lead to a global tightening of regulations around cryptocurrencies, which are something we should all be wary of. How you think seizing crypto assets without a conviction is shocking? Hold your horses. FTX is suing the parents of its founder. You heard that right. It's a family feud worth millions, and it raises some dark questions about ethics in the crypto world. Don't go anywhere. So that's gotta be a rough day. The day the company you founded sues the very people who gave you life. But that's what's happening as FTX is suing the parents of its founder, Sam Bankman Fried. The lawsuit aims to recover millions in quote, fraudulently transferred and misappropriated funds. Both parents, Joseph Bankman and Barbara Fried, are accused of exploiting their influence within FTX to enrich themselves. The lawsuit alleges that the parents received millions from FTX for personal benefit and their chosen causes. For instance, they received over $18 .9 million for a property in the Bahamas known as Blue Water. The parents are also accused of siphoning off money for lavish expenses like $1200 per night hotel stays. The filing further claims that Joseph Bankman had a unique understanding of FTX's complex corporate structure, which he used to facilitate a $10 million cash gift to himself and Fried. Barbara Fried was the point person for SPF's political contribution strategy and co -founded a political action committee that received tens of millions of dollars from FTX. The lawsuit also says that the parents were involved in FTX's business cradle to grave. Joseph Bankman is described as a de facto officer of FTX group with broad authority to make decisions. Barbara Fried was actively involved in FTX's political donations. The lawsuit against SPF's parents shines a glaring spotlight on the darker aspects of the crypto world. The case raises questions about the ethical boundaries within businesses in the crypto space. The parents, both law professors, should have known better. Their academic credentials add a veneer of legitimacy, making the allegations even more shocking. The involvement of Stanford law professors in such a scandal reminds us that even those in towers can be lured by the siren call of easy crypto riches. The lawsuit paints the picture of a family that used their intellectual prowess, not for the betterment of society, but for personal gain. It's easy to get caught up in the promise of decentralization and financial freedom, but this lawsuit shows that the same old vices, greed, corruption, and exploitation, can infiltrate even the most modern of financial systems. It's as I said at the time, the crime had nothing to do with crypto and everything to do with greed. Intrigued by the drama at FTX? Make sure to like this episode and share it. But now, let's switch gears. If you thought family drama was complex, try navigating New York's new crypto guidelines. The NYDFS is tightening the leash on crypto firms. Is it protection or overreach? We're diving in.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Daily Crypto Report
A highlight from "SEC Chair Gary Gensler reiterates tough stance on crypto" Sep 14, 2023
"It's 8 a .m. Eastern, September the 14th, and this is your daily crypto report. Bitcoin is up slightly at $26 ,496, ETH is up slightly at $1 ,625, and Binance Coin is up slightly at $212. SEC Chair Gary Gensler reiterated a tough stance on the crypto industry during a conference, emphasizing that much of the crypto space is non -compliant with securities laws and Gensler expressed concerns that issues in the crypto industry could affect the broader economy by eroding investor confidence. He described the crypto economy as relatively small but potentially impactful. Gensler also highlighted the prevalence of misconduct in the industry and criticized attempts to circumvent regulations, notably he didn't call for new legislation in the sector. Well, crypto services provider Paxos has been identified as the entity responsible for paying an unusually high fee of 19 .89 Bitcoin or around 500k for a Bitcoin transaction involving around just $200. The company acknowledged the error, describing it as a bug on a single transfer, and stated that it had been resolved. Paxos is in contact with the miner in an attempt to recover the funds. With crypto exchange, Hobi has rebranded internationally as HTX and is focused on expanding. The aim is to apply for more licenses in various jurisdictions over the next decade, according to Justin Sun, an advisor to the firm. HTX will serve the English -speaking user base, and the exchange has already obtained seven licenses in different countries, including Lithuania, Dubai, Australia, Argentina, and Brazil. The rebranding aims to make the name more accessible to Western users. HTX plans to involve users in the listing process by holding votes on which crypto projects to list, making it more democratic. Okbank, Thailand's second largest bank, has created a $100 million fund to invest in Web3 and AI startups. Within Web3, it will consider various tech startups, including those involved in ZK proofs and liquid staking derivatives. The fund aims to invest in over 30 startups and funds worldwide, focusing on the U .S., the EU, Israel, and AIPAC. And finally, crypto exchange OKX is aiming for long -term partnerships with sports giants McLaren and Manchester City. Their deal with McLaren is currently in four or five years, and they aim to extend it for a decade. OKX's global chief marketing officer expressed the company's commitment to forging lasting partnerships in the sports world. Well, that's all for us today. Visit us at dailycryptoreport .io for sources and links. And listen to us everywhere else you podcast under Daily Crypto Report. Hey, my name is Lo van Ruemf, and I've been working my ass off as a celebrity stylist by day and a podcast host by night. At the Low Life podcast, it's all about keeping it real. We're talking fashion, beauty to religion, sex, drugs, mental health. I mean, there's no topic off limits here, and vulnerability is mandatory. You can find my podcast, The Low Life, that's L -O, no W, everywhere and anywhere you listen to your podcasts. New episodes are out every Thursday. We'll see you then. It's pretty eerie, you know, you're in a place that no human's ever been before. This is Armchair Explorer, where the world's greatest adventurers tell their best stories from the road. And four of us were swept down the side of the mountain, and then I knew there was no way out of this thing. From the heart pounding to the inspiring and the downright insane. Find Armchair Explorer, a part of APT Podcast Studios, wherever you get your podcasts. Go and find what it is in the world that matches that worldness in yourself.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1398: This Will Send Bitcoin to $1.5 Million - Cathie Wood
"In today's show, I'm going to be sharing with you the five things to watch out for in the Bitcoin market this week. Quoting Max Keiser, El Salvador's Bitcoin adoption helps secure them from the central bank coups and other financial terrorist attacks. Preach! We'll also be discussing GBTC discount hits the smallest since 2021, despite the Bitcoin price currently at three -month lows. We'll also be discussing Thailand authorities arrest five in a $27 million crypto scam. We'll also be discussing El Salvador's Bitcoin curriculum will teach the students the dark side of fiat currency. Let's go. Also, big breaking news. Will FTX liquidate $3 .4 billion worth of cryptocurrency? That includes over $560 million worth of BTC and over a billion dollars worth of Solana. I'll be breaking this down for you. We'll also be discussing Cathie Wood predicting a $25 trillion crypto market valuation in 2030, fueled by institutional bidding. I'll be breaking down this latest report. She also says the Bitcoin and artificial intelligence are about to witness explosive growth. I'll be breaking down why, as well as her confirmation on her $1 .5 million Bitcoin price forecast. All this plus so much more in today's show.
Over the Next Hill Fitness
Andi Swan of Destiny Rescue Is Confronting Child Trafficking on a Global Scale
"Name is Andi Swann. I am the director of strategic partnerships for an organization called Destiny Rescue USA and we are a global anti - trafficking Christian organization. We exist to rescue children from human trafficking and sexual exploitation and help them stay free. So we are a both and organization. We do both the rescue and the recovery efforts to make sure that whatever vulnerability led to them being trafficked and entrapped that they don't fall into that same area again. Wow that is such such a wonderful thing. When I first heard about the organization I said I have got to find out about this and reach out and I was so pleased when you answered my email and said yes I'd love to come on the podcast. Now how did you get started with the organization? So I'm coming up on my one -year anniversary with Destiny Rescue. I have been in the nonprofit sector my entire career so coming up on 20 years and I just always cared about vulnerable kids but this is the fulfillment of a calling that the Lord placed in my heart 15 years ago. I went on a short -term mission trip with my church to northern Thailand in 2007 and again in 2008 and we were assisting full -time missionaries that were in that in that area and we would work with them during the day with children and then we'd go out into the night markets at night but we spent a couple of days in the hill villages and I grew up in the deep south. There's not a tremendous amount of diversity in the community that I grew up in so it was really eye -opening for me just the deep levels of generational poverty. I mean just barely their basic needs being met food, clothing, shelter especially food and shelter and so to see children playing without shoes without food and so the missionaries that served in that area talked about how grim the outcome was for these children especially if they were little girls that at the age of seven or eight that that's old enough to where parents say we can't provide for you anymore you're going to have to earn an income yourself so at that age they would either start picking rice or picking tea leaves and if they couldn't work fast enough they would be replaced and then sent to the city to get work and if a little girl at age eight is sent to the city for work she has no marketable skills most children in that area don't even speak the main language because they are a tribe so they don't speak Thai they don't speak English they speak a tribal dialect so they are taken advantage of and a lot of times forced into the commercial sex industry where they will never escape and I had recently graduated from college I had just bought my first home and so I had a secondary education and I owned property which was something that those little girls had no hope of ever accomplishing unless somebody intervened and it broke my heart broke my heart in a million pieces and I just told the Lord however you want to use me to affect change on this I will leave me I'll go
The Crypto Overnighter
A highlight from 659:SECs ETF Trap, Binance Exodus, and Chinas CBDC March
"Good evening and welcome to the crypto overnighter. I'm Nicodemus and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax and let's get started. And remember, none of this is financial advice. And it's 10pm on Monday, September 4th, 2023. Welcome back to the crypto overnighter where we have no sponsors, no hidden agendas and no BS. But we do have the news, so let's talk about that. Tonight we take a look at the growing exodus of key executives at Binance and what it means for the crypto titan. The SEC finds itself in a quagmire over Bitcoin ETFs and JP Morgan thinks they're cornered. Meanwhile, China's push for its digital wand raises eyebrows and concerns. Down under, Australia's Senate hits the brakes on a critical crypto bill. And in a tale of two Koreas, the Republic of Korea gears up to crack down on the North's crypto theft. Lastly, FTX's star -studded advertising is under the legal microscope. Stay tuned. It's going to be a time. Binance is facing a significant loss of key executives. Mayor Kemet, the global head of product, resigned after more than a year with the company. Kemet was responsible for overseeing product launches that contributed to a user -based expansion from 80 million to over 150 million in 18 months. Leon Fung, who oversaw operations in the Asia -Pacific region, has also left the platform. Fung was responsible for the company's growth in Japan, the Republic of Korea and Thailand. The departures are closely linked to regulatory scrutiny, particularly from U .S. authorities. Binance faces increasing pressure from regulators, including the U .S. Securities Exchange Commission, which filed a lawsuit against the exchange and its CEO, Changpeng Zhao, in June. The departure of key executives from finance is more than just a staffing issue. It's a symptom of larger problems that the company is grappling with. Regulatory pressures are mounting, and the SEC's lawsuit against Binance is a clear sign that the exchange is under the microscope. This isn't just about Binance. It's about the crypto industry at large. When the world's largest crypto exchange is facing this level of scrutiny, it sends a message to the entire sector. The loss of key executives, especially those responsible for product development and regional growth, could have a ripple effect on Binance's future strategies and its standing in the global crypto market. The company may be the world's largest crypto exchange, but they're not invincible. This is a wake -up call for anyone who thinks crypto companies can operate outside the reach of regulators. The departures also raise questions about Binance's ability to maintain its rapid growth trajectory in the face of increasing regulatory challenges. The crypto space is still in its early stages, and these departures signify potential roadblocks in the path of Binance's global expansion. Alright, from a crumbling titan to regulators stuck in the mud, if Binance's issues had you concerned, wait till you hear about the SEC's Catch -22. Hit that notification bell so you never miss an episode.
The Bitboy Crypto Podcast
A highlight from Crypto Millionaire Says: Sell Everything, BUY BITCOIN
"I know that the question in your heads now is, but should we buy? Should we buy? Guys, to be very, very, very clear, if I would have a house, a car, a pension fund, and everything else that I had seven years ago, I would sell everything and go all in now because we are at the bottom of the bear market cycle. We just left that one. We are going to go in a mess of bullion again after 2024 halving. So yes, if you ask that, this is the perfect moment to start accumulating Bitcoin, guys. What's up, BitSquad? Welcome to another edition of the Alpha Series, where we bring you some of the smartest minds in space so we can break down what's going on in the world of Bitcoin and the digital asset ecosystem. I just wanted to say thank you, everybody, for being here with us on a Saturday. Without any further ado, Mr. Didi Tahutu, how are you doing? Thank you for being here with us. Hey, Kelly. Thank you for inviting me. Thank you for inviting me to the Bitmap Gallery. Awesome. And I'm doing amazing. We are in the bull market. I know that some people still feel that we are in the bear market because of the volatility, but this is the most beautiful part we just had in the Bitcoin MTA timeframe bearish. You buy up everything again and now you can start to enjoy that whole bull run again. So I'm doing amazing. The family is doing amazing. At the moment of Portugal, soon traveling to Singapore for token 2049 and to watch the Formula 1 and then to Thailand. So couldn't be better. Well, you know, you and I have had the opportunity to speak a number of times, both on Twitter spaces, on podcasts, and you even were a guest here on BitLab Academy a few months back. And if anybody doesn't know who you are, that's OK, because we can't all know everybody, right? But just as a brief sort of introduction to who you are in this space and the fact that you just mentioned and you had to mention, we're in Portugal now, you move around, you travel and you live as the Bitcoin family. You live primarily almost almost extensively and exclusively on the principles of decentralized finance on Bitcoin outside of the banking system. How long have you been in the digital asset ecosystem? What got you there? And is it truly possible to live outside of the fiat system? Yeah, very good question, man. I Bitcoin started mining in 2013. At that moment, still like miners in my company that I was running at that time. And that's when I started mining. And from mining Bitcoin in 2014, we had this huge crash to $200. At that moment, we considered that as a crash from $12 to $200. I started to mine Dogecoin, which if that went was one of the most popular meme coins. And from mining Bitcoin, I came into some difficulties in life. My mother died, my father died. And then somewhere in 2016, I needed to have a reset. So I started traveling the world with my family. And in 2017, we decided let's go home, sell the house, sell the company, sell everything we own and just go all into Bitcoin and then just support this peaceful, anarchistic revolution of the new monetary system. And that's what we did. And then from that moment, we were all in Bitcoin. Three months later, we didn't have bank accounts anymore. And the last seven years now, we've been traveling through 42 countries as the Bitcoin family all over the world, solely living with cryptocurrency and by now also some debit cards, the Bitcoin debit cards, you all know them.
The Breakdown
A highlight from SEC Punts ETF Applications Till October
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 1st, and today we are catching up on crypto, on macro, on all the things. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, the end of the summer, the beginning of the fall is here. We are kicking off the best season of the year with tons of catch up across both macro and crypto. And we're going to start with a follow up on what is obviously the biggest story and theme of the week, which is Grayscale's defeat of the SEC in their lawsuit and the implications for Spot Bitcoin ETF approval. Now, somehow, apparently some people thought that just because they lost in court, the SEC was likely to turn right around and approve an ETF. That of course was not the case, and the SEC have in fact deferred their decisions on approving Spot Bitcoin ETFs until at least October. On Thursday, the agency filed to defer decision making across all seven ETF applications that were filed in June, including applications from BlackRock, VanEck, and Bitwise. Now, even though they didn't make the decision now, that Tuesday publication of the court order delivering victory to Grayscale was widely viewed as moving the needle on the likelihood of an ETF approval. In the wake of the decision, Bloomberg analysts had bumped up their odds of an ETF approval by the end of this year to 75%. Still, they cautioned that their expectation was, of course, that the SEC would defer decision making this week. Markets reacted pretty dramatically to the Grayscale order on Tuesday, with Bitcoin pumping more than 7 .5 % on the news. That move has now been completely retraced on the delays, with Bitcoin back trading at around 26 ,000. One small subpart of this story that some have been interested in is that the dumping began around 11 .40am on the East Coast, but the SEC's first decision wasn't released until 3 .20 in the afternoon. Coincidental, or did someone have advance information? That seems like a great thing to speculate about on Twitter. The next decision point for the SEC will be on the week of October 16th, when all seven ETFs have another chance to be approved or delayed. Remember that the SEC is able to delay each application up to three times before making a final decision. If the SEC drags this out to its conclusion, they will have a total of 240 days to make their call, bringing us to mid -March next year for this cohort of ETF applications. Now, in practical terms, we're likely to have a better idea about how this will all play out by January 10th. That's the final date for the SEC to either approve or deny the ARK and 21 shares application, which was filed two months earlier than the others. The pattern is certainly for the SEC to delay. During the Grayscale application to convert GBTC into an ETF, the SEC took each opportunity it had to delay their decision making. Still, analysts appear convinced that the Grayscale decision leaves little wiggle room for the SEC to deny the current crop of ETFs. Three appellate judges found that the SEC had indeed acted in an arbitrary and capricious manner in denying Grayscale. They pointed out the hypocrisy of approving futures -based ETFs while denying spot -based claiming that the two markets had a 99 .9 % correlation. The judges further said that the existing surveillance sharing agreements with the Chicago Mercantile Exchange, which operates the Bitcoin futures market, quote, are identical and should have the same likelihood of detecting fraudulent or manipulative conduct in the market for Bitcoin and Bitcoin futures. And so now, although the SEC has been ordered to reconsider Grayscale's application, the timeline for that happening is still extremely unclear. Indeed, in an interview with Bloomberg on Wednesday, Grayscale CEO Michael Sonnenshine said he didn't even know exactly how this process would work. Grayscale isn't even clear on whether it needs to submit a new application. Now after this ruling, the SEC has the next 45 days to appeal the order. And after that time, the court can provide more detail on how Grayscale's application should be dealt with. When it comes to markets, they are showing an increased conviction that GBTC will successfully convert into an ETF. On Tuesday, the GBTC discount closed to 17%, which is the slimmest margin since late 2021. Since then, the gap has widened by a few percentage points, but it's still a long way from the deepest discount of over 48%, which occurred in December of last year. Moving on to catch up on the latest FUD from Binance, yet another senior executive has resigned. Leon Fung, Binance's Asia -Pacific head, has parted ways with the exchange. Fung's resignation was initially leaked to Bloomberg before being publicly disclosed, and a Binance spokesperson declined to elaborate on his departure other than confirming the resignation. Fung had been responsible for Binance's recent push to expand into Asian markets, including Thailand, Japan, and South Korea. But since he maintains no active social media presence, it's unclear when he joined and left the exchange. Now, one thing we haven't mentioned recently as we've talked about Binance's various issues is that they have actually seen a fairly significant decline in market share over the past six months. In February, Binance enjoyed 63 % market share and spot crypto trading volume, but by August that number had slipped to 45%, with the shift mainly being captured by Huobi and Poloniex. Over in the world of BUSD, its days are numbered, with Binance winding down the white -label stablecoin. In a statement released on Thursday, Binance confirmed that support for the token would end in February of next year. BUSD was of course kneecapped by New York regulators at the beginning of this year, when Paxos was ordered to cease and desist, minting the stablecoin. Until now, Binance had not officially commented on the future of BUSD, which was still available on the centralized exchange and Binance Smart Chain. The decision to end support for BUSD in February is in line with Paxos' commitment to end redemptions at that time. In a statement, Binance encouraged users to convert their BUSD into other stablecoins ahead of the sunset date. The exchange promoted conversion to FDUSD at no cost and at a one -to -one peg. FDUSD is a new stablecoin issued by Hong Kong -based trust company First Digital that was launched in June and is featured in other Binance promotions since then. Staying on the theme of markets, Bitfinex launched a perpetual futures contract for Binance's BNB token on Thursday as well. And over the first day of trading, BNB fell by more than 4%. Investor Travis Kling tweeted, BNB has been trading for nearly six years and Paolo and the gang at Bitfinex waited until today to launch a perp on it. Cryptoskeptic CryptoHippo says, Tether is getting ready to obliterate CZ, an unbacked infinite money printing machine versus the biggest wash trading volume crypto exchange in the world. I'm going to put my money on Tether winning this fight. Expect sudden price drops on the Bitfinex BNB perp. Now the biggest mystery of this week was a sealed filing that showed up on the court docket of the SEC's lawsuit against Binance late on Monday night. We have, it should be clear, no information about the contents of the filing. Speculation on Tuesday covered a wide range of theories. Some thought the filing could simply be related to a dull procedural issue regarding discovery. Others thought the filing might involve sensitive material gathered by a criminal investigation conducted by the DOJ. Andrew at AP Abacus says, Update, sources state that the sealed Binance motions this week are riddled with heavy, heavy claims. One source said, Given the natures of the issues here, surprised that we, the SEC, are taking this on, should be in the hands of the DOJ at this point. Andrew adds that he was instructed to go back and look at Bizlato claims and indictments and then add scale. Bizlato was, of course, a tiny unknown exchange that engaged in money laundering for Russia dark web markets. Some evidence revealed ties between Bizlato and Binance. When the indictment was unsealed, the DOJ treated Bizlato as their crowning achievement with a flashy preannounced press conference. This caused, of course, widespread confusion within the crypto community, who basically, without exception, had never heard of the obscure exchange. Now, also on Thursday, the old lawsuit between the New York Department of Financial Services and Tether and Bitfinex also saw some action. This is the case which was brought by the regulator in April 2019, with allegations that Bitfinex had manipulated Bitcoin markets and Tether's reserves were lacking. The matter was settled in February 2021, with Tether agreeing to publish quarterly reserve attestations over the following two years. The court retained jurisdiction in case the matter needed to be reopened at a later date. This week, the regulator filed a heavily redacted motion with sealed evidence attached. Because the filing is secret, we only have a vague idea of what it relates to. Unredacted parts of the motion appear to relate to accounting irregularities and deficiencies, as well as a lack of clarity around loans between the two firms. The regulator has requested that Bitfinex prepare an unknown witness for testimony. Knapp -Jenner tweets, Now, of course, Sam's involvement as a potential witness against Tether, against Binance, are likely going to be part of the rumors surrounding all of these issues, right up until the moment it's either proven true or proven not true. Still, with that, let's shift over for a moment to the macro side of the house. Tuesday's Job Openings and Labor Turnover Survey showed cracks beginning to open up in what has been a surprisingly robust labor market. Nick Timaros, the chief economics correspondent at the Wall Street Journal, wrote, This is a JOLTS report the Fed will be pleased to see. Basically, this July, JOLTS report indicated that job openings across the US had decreased to 8 .8 million from 9 .17 million in June. This marks the sixth month of declines in open positions over the past seven months and the lowest level since March of 2021. Compounding the story of a softening labor market, June's job openings number was massively revised. When first reported, the data showed almost 9 .6 million open rolls across the labor market. That means the Fed is now looking at data that shows around 800 ,000 fewer job openings than the data available last month. Importantly, job openings has been frequently referenced as Fed Chair Jerome Powell's favorite metric for gauging the tightness of the labor market. The collapse in job openings over this year and accelerating into the summer should give the Fed some confidence that their policies are beginning to bring supply and demand for workers back into alignment. There are now just 1 .5 job openings for every unemployed worker. That ratio peaked above two during May of last year. This means that by this metric, the labor market is now at its weakest point in almost two years. Now this morning, we also got the non -farm payrolls report for August, and Bloomberg summed it up with an article titled US Jobs Report Signals Smooth Downshift in Labor Market. TLDR, employers in August added 187 ,000 jobs, slightly higher than the 170 ,000 anticipated. In addition to that, hundreds of thousands more joined the labor force, with a growing number unable to find work right away. As Bloomberg puts it, quote, combined with wage growth running at the slowest pace since early last year, the data illustrate why Americans are a little less upbeat about the job market. While hiring and incomes are still firm enough to bolster consumer spending, job openings have retreated and layoffs are picking up. This Bloomberg says gives the Fed room to pause interest rates later this month while keeping their options open for another rate hike before the end of the year. And that's basically what traders are anticipating, at least when it comes to September. Over in GDP land, US GDP for Q2 was revised on Wednesday down to a fairly middling 2 .1%. The second GDP estimate report from the Bureau of Economic Analysis trimmed the forecast down from 2 .4 % in the advanced estimate. Both household spending and gross domestic income rose for the quarter, with GDI reversing a negative trend over the previous two quarters. This metric typically tracks GDP closely, but a pretty significant gap has opened up over the past three quarters. Now, while the GDP number isn't stellar, it's also far from the recessionary conditions that were forecast for this year in late 2022. An almost consensus opinion among economics had the US hurtling towards a recession in the latter half of this year. So far, there are few signs that a recession will actually materialize. One of the most telling data points that indicates the US may be on track to avoid a recession has been the Atlanta Fed's GDP Now forecast. The estimate has Q3 GDP coming in at a blisteringly hot 5 .6 % currently, which is far above the blue chip consensus forecast, which was last reported at 1 .7 % in early August. Now, pretty interestingly, some economists believe that blockbuster entertainment consumption has provided a significant boost to Q3 GDP. Bloomberg economists wrote in a note this week that the combination of tours from Taylor Swift and Beyonce, as well as the dual hit movies Barbie and Oppenheimer, are believed to have added 8 .5 billion to GDP this quarter. Still, the note recognized that the economic strength driven by these cultural phenomenon is short -lived. The note said, A large chunk of the strength comes from temporary factors. These factors create a mirage of resilient consumption when in fact it's running out of steam. So, overall, it feels like the data are showing a leveling off across the board. Nothing is great, but nothing is also dramatically bad. The big question is whether this is moderation into a soft landing or something more of an inflection point. From the Fed's perspective, it certainly doesn't suggest anything alarming that would justify another September hike, but also nothing that would knock them out of the pause stance into actually considering cuts. The bigger questions are what happens in Q4, as things like student loans restart, employer retention credit might get repealed, and of course, Taylor Swift leaves the country. Just some of the things to watch as we move into this fall season, but for now, I am going to send you off into Labor Day weekend, full of brightness, optimism, and all the possibility that September brings.
Game of Crimes
A highlight from 113: Part 2: Tye Holand is Saving Children with Operation Underground Railroad
"That's the devaluation of life. That's what's hurt us in so many different areas. Well, let's start setting the stage for a little bit because we want to talk about Operation Underground Railroad. So as you're going through this career, was it just time for you to retire? I mean, did you max out on what you get from retirement? Or did you say, I've had enough, I got to go do something else? What was your decision on pulling the pin? Well, I think we all got to a point or get to a point where you kind of know you're done policing, but I wasn't done serving. And so that's where I was kind of conflicted. And since 2006, I've been in kind of this human trafficking realm. I worked with a group, International Justice Mission, and I was a contractor with them. And so I did a lot of work in Southeast Asia, infiltrating organizations and bars and nightclubs and finding trafficked victims. So I did that for many years. And then in 2016, I got hooked up with Operation Underground Railroad. And so I was doing work with them on a contract basis. So I would go to any number of countries and do cases and stuff like that. So in late 2021, we started talking and they needed a director of special operations. And so it kind of worked out where I said, okay, it's time, I can go do this and still serve and be a part of a fantastic, fantastic organization. Hey, so let's set context for this. But just out of curiosity, you've been looking at this subject for a long time. What are the top five worst countries for this? You know, shoot, top five worst countries. Because everybody thinks about things like Thailand, you know. Kind of areas. I mean, there's, I would say more areas. I mean, you got Southeast Asia, you got Central America. You got a lot going on in the Caribbean. You have a lot going on in South America. I mean, name the spot. The sad thing is it's going on everywhere. Because human trafficking is, I think it's $150 billion a year industry. It's second only to narcotics, the drug trade. Human trafficking is, and it's true. The cartels. Well, it's becoming more lucrative for the cartels with less risk than trying to, you know, narcotics, you know, drug smuggling. Oh, absolutely. I mean, they're not, the cartels aren't stupid. And they know, they know that, you know, a kilo of cocaine can be sold one time. You've all heard this analogy. But, you know, you get a 14, 14, 15 year old girl, and you can sell her 10 times a day, 10, 12 times a day for umpteen years. And look how much money you made off of one person. Well, let me ask you, when you're talking about the worst areas of the world, is that where the kidnappings are taking place? Or is that the people who are partaking of these innocent victims? Well, the vast majority of, or a large majority of trafficked kids are from a known person to them. Whether it's their family, family, friend, clergy, any number of different things. But they're of a grabbing person in that, absolutely. But the majority of it, or a large, large section of it is by people that they know. And what do they get, and what are the folks that are doing it, getting out of it? Are they, this is the, it's a money transaction for them, right? They get something for this? Oh yeah, they get the money. No, I mean, but the person like you said, a clergy or a family member, like the girls introduce a girl into something, and she ends up being used. Is this a money transaction for the girls? It's a money transaction for the person that did it. The mom, the dad, the cousin, the uncle. Wow. And so, taking that just a little bit further, what are the worst countries or locations of people who subscribe to, you know, sex acts with underage children? I would say the United States is the number one purveyor of it. I would say, you know, you have United States, Britain, or, and then, you know, Australia, you have those. When I was in Southeast Asia, I mean, I can't tell you the amount of Americans and Brits and Australians that I saw over there. That's where they coined the term sex tourism from. You'd go over there. And now the one thing, the only thing that came out of that, I mean, they did finally end up passing some laws to make it a federal crime. It was tricky to establish jurisdiction, you know, how do you have jurisdiction over something that happens in Thailand, you know, or Australia or places like that. But have those laws been effective at all? You think it's slowing this down? Oh, there's been absolutely, there's been people held accountable that were caught in a foreign country doing.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Bitcoin Hovers Around $26K, Thailands New Pro-Crypto Prime Minister
"This episode of Market Staley is sponsored by Kraken. It's Wednesday, August 23rd, 2023, and this is Market Staley from CoinDesk. Hi, I'm Michelle Musso here with your crypto markets roundup. On today's show, we're talking Bitcoin, XRP, Thailand and more. And just a reminder, CoinDesk is a news source and does not provide investment advice. Bitcoin has dropped back below $26 ,000 as the market awaits developments from the central bankers meeting at Jackson Hole on Friday. The world's largest cryptocurrency by market value dropped just below the $26 ,000 mark on Wednesday, after trading in a tight range over the past 24 hours, hitting a weekly low of $25 ,500. The cryptocurrency rebounded slightly from the low but remains down 9 % over the last seven days. The head of digital asset strategy at Fundstrat wrote, It is possible that any semblance of dovishness from Jay Powell on Friday could help inspire a recovery. Continuing, Beyond that, we also have a potential ruling in the grayscale case to look forward to. The analysts added that they believe the market is closer to a local bottom rather than top, given the absence of industry -specific catalysts and a decline in liquidity. On Monday, we discussed that the past week saw an increase in the Ether -to -Bitcoin ratio. The Ether -Bitcoin ratio rose more than 2 % last week, contrasting with its record of taking losses during bouts of risk aversion. Still, options data tracked by Amberdata show a strong bearish outlook for Ether, with traders hedging against potential price weaknesses over a number of timeframes. Meanwhile, traders remain bullish on Bitcoin over the long run. The persistent bias for long -term BTC calls perhaps stems from the belief that the top cryptocurrency would be the first beneficiary of an eventual positive flip in the macroeconomic environment. Noelle Acheson, author of the Crypto is Macro Now newsletter, said, Bitcoin continues to be the macro asset for the crypto market and could also see some strong inflows as the macro environment shifts. Many large investors will continue to prefer Bitcoin exposure for its liquidity, market cap, and relative stability. Bitcoin's short -term holders, which tend to be sensitive to short -term price gyrations, are largely underwater on their coin holdings after the recent price slide, according to on -chain data. The head of digital assets in Merrick Solutions said the unrealized losses of short -term holders are one of the critical problems for the market right now. The real problem is the current fragile market set up for Bitcoin because short -term holders are underwater in both price and narrative. They said this in an email. BNB, a cryptocurrency closely linked to Binance, fell to its lowest in more than a year after a report regarding fresh risks over Russia sanctions added to already mounting regulatory and legal pressure on the crypto exchange. The token sank to its weakest level since June 2022's crypto market crash. It's since pared some of those losses down by 7 % over the past week. The latest decline happened after The Wall Street Journal reported that Binance was facilitating Russian users' ability to move money abroad, despite widespread international sanctions. Bearish sentiment in the broader market has weighed down on tokens that may have been otherwise fueled by positive fundamentals. This comes as traders look to take profits on price movements instead of a buy -and -hold approach. Data shows XRP, among the world's largest tokens by market capitalization, has lost nearly all gains after Ripple Labs' landmark court ruling over the U .S. Securities and Exchange Commission in July. XRP exchanged hands at $0 .50 on Wednesday, down 14 % in the past week and 30 % over a 30 -day period. Price chart data shows the tokens hit a yearly high on July 20th, but Wednesday's prices are back to levels before the SEC ruling. Today's market updates come from CoinDesk Lilladezma, Amkar Gbole, and Shariah Malwa. Stay tuned for after the break when we'll take a look at the news from Australia and Thailand.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Bitcoin Hovers Around $26K, Thailands New Pro-Crypto Prime Minister
"This episode of Market Staley is sponsored by Kraken. It's Wednesday, August 23rd, 2023, and this is Market Staley from CoinDesk. Hi, I'm Michelle Musso here with your crypto markets roundup. On today's show, we're talking Bitcoin, XRP, Thailand and more. And just a reminder, CoinDesk is a news source and does not provide investment advice. Bitcoin has dropped back below $26 ,000 as the market awaits developments from the central bankers meeting at Jackson Hole on Friday. The world's largest cryptocurrency by market value dropped just below the $26 ,000 mark on Wednesday, after trading in a tight range over the past 24 hours, hitting a weekly low of $25 ,500. The cryptocurrency rebounded slightly from the low but remains down 9 % over the last seven days. The head of digital asset strategy at Fundstrat wrote, It is possible that any semblance of dovishness from Jay Powell on Friday could help inspire a recovery. Continuing, Beyond that, we also have a potential ruling in the grayscale case to look forward to. The analysts added that they believe the market is closer to a local bottom rather than top, given the absence of industry -specific catalysts and a decline in liquidity. On Monday, we discussed that the past week saw an increase in the Ether -to -Bitcoin ratio. The Ether -Bitcoin ratio rose more than 2 % last week, contrasting with its record of taking losses during bouts of risk aversion. Still, options data tracked by Amberdata show a strong bearish outlook for Ether, with traders hedging against potential price weaknesses over a number of timeframes. Meanwhile, traders remain bullish on Bitcoin over the long run. The persistent bias for long -term BTC calls perhaps stems from the belief that the top cryptocurrency would be the first beneficiary of an eventual positive flip in the macroeconomic environment. Noelle Acheson, author of the Crypto is Macro Now newsletter, said, Bitcoin continues to be the macro asset for the crypto market and could also see some strong inflows as the macro environment shifts. Many large investors will continue to prefer Bitcoin exposure for its liquidity, market cap, and relative stability. Bitcoin's short -term holders, which tend to be sensitive to short -term price gyrations, are largely underwater on their coin holdings after the recent price slide, according to on -chain data. The head of digital assets in Merrick Solutions said the unrealized losses of short -term holders are one of the critical problems for the market right now. The real problem is the current fragile market set up for Bitcoin because short -term holders are underwater in both price and narrative. They said this in an email. BNB, a cryptocurrency closely linked to Binance, fell to its lowest in more than a year after a report regarding fresh risks over Russia sanctions added to already mounting regulatory and legal pressure on the crypto exchange. The token sank to its weakest level since June 2022's crypto market crash. It's since pared some of those losses down by 7 % over the past week. The latest decline happened after The Wall Street Journal reported that Binance was facilitating Russian users' ability to move money abroad, despite widespread international sanctions. Bearish sentiment in the broader market has weighed down on tokens that may have been otherwise fueled by positive fundamentals. This comes as traders look to take profits on price movements instead of a buy -and -hold approach. Data shows XRP, among the world's largest tokens by market capitalization, has lost nearly all gains after Ripple Labs' landmark court ruling over the U .S. Securities and Exchange Commission in July. XRP exchanged hands at $0 .50 on Wednesday, down 14 % in the past week and 30 % over a 30 -day period. Price chart data shows the tokens hit a yearly high on July 20th, but Wednesday's prices are back to levels before the SEC ruling. Today's market updates come from CoinDesk Lilladezma, Amkar Gbole, and Shariah Malwa. Stay tuned for after the break when we'll take a look at the news from Australia and Thailand.
KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
A highlight from Research and Development in Quantum Technology
"Hello friends, National Quantum Mission on April 19, 2023, the Union Cabinet of India gave the green light to the National Quantum Mission, which will add in research and development in quantum technology. The mission aims to seed, nurture and scale up scientific and industrial research and development in quantum technology to create a vibrant and innovative ecosystem in India. The mission aims to develop intermediate -scale quantum computers with 50 to 1 ,000 physical qubits in 80 years using superconducting and photonic technology. One of the objectives is to establish satellite -based secure quantum communication between ground stations within India. The range of the secure quantum communication will be up to 2 ,000 km. Another objective is to establish long -distance secure quantum communications with other countries. The mission also aims to establish intensity quantum key distribution over 2 ,000 km. It will also help develop magnitude meters with high sensitivity. In atomic systems and atomic clocks for precision timing communications and navigation for thematic hubs will be set up in top academic and national research and development institutes in the domains of quantum computing, quantum communication, quantum sensing and metrology and quantum materials and devices. The hubs will focus on generating new technology through basic and applied research and promote research and development. The mission will benefit sectors such as communication, health, finance and energy as well as drug design and space applications. The national quantum mission will greatly benefit national priorities such as Digital India, Making India, Skill India, Stand -up India, Startup India, Self -reliant India and Sustainable Development Goals. With the execution of the national quantum mission, India will be joining the club of six major countries researching quantum technology including the US, China, France, Austria and Thailand. qubit sort for quantum bit is a unit of quantum information used in quantum computing. It is the quantum analog of a classical binary bit and can represent two states simultaneously unlike classical bits which can only represent either a 0 or a 1.
The Bill Simmons Podcast
A highlight from Part 1: USAs World Cup Collapse, Basebrawls, Jets Optimism, Life in The G-League and The OC 20 Years Later | with Gabe York and Zoe Simmons
"Coming up, an unexpected two -part podcast cameo from me. It's next. We're also brought to you by the Ringer Podcast Network, where we turned over Sean Fennesey and Amanda Dobbins' big picture feed to Brian Raftery. It's a narrative podcast called, Do We Get to Win This Time? How Hollywood Made the Vietnam War. You can find it on the big picture starting on Tuesday. And it is an idea I'm really excited about because it came from a class that I did as a senior in college in 1992. Me and my friend Horgs talked a movies professor into doing a special Vietnam War movies class where we watched basically every Vietnam War movie that had been made up to 1992 and then tried to write a big picture term paper about it. And the thing that was really fascinating about that class and something that stuck with me was just that whole concept of Hollywood reinventing the entire Vietnam experience under the premise of, Did We Get to Win This Time? So we got Brian involved and he turned the idea into an awesome, awesome podcast. I even went and dug up the term paper that I wrote 31 years ago. I thought it was gonna be horrendous. It wasn't bad. I was kind of proud of myself, retroactively 31 years later. Anyway, Do We Get to Win This Time? How Hollywood Made the Vietnam War. It is gonna be in the big picture podcast starting on Tuesday. So that's one piece of business. Second, new rewatchables on Monday night. It is the 300th movie that we've done. It's a special one. We're doing National Lampoon's Vacation. It was time. Meet Chris Ryan, Van Lathan. Yeah, and Van was pushing for it because we wanted to do Christmas Vacation during the holidays and you can't do Christmas Vacation. If we do National Lampoon's Vacation, super fun. Can't wait for you to listen to it. And we'll be running the video at some point on the YouTube channel, youtube .com slash Bill Simmons, where we put up a whole bunch of rewatchables podcasts in case you missed it. Boogie Nights is up there now. Goodfellas, Independence Day, just a slew of them. So if you're bored and you wanna throw on some rewatchables and watch us make fun of each other, there you go. Last but not least, I don't wanna say this is the most important, but it's certainly the thing I spent the most time on. Our documentary that we did about the G League with Religion of Sports and Ringer Films, we combined, and it is premiering on Tuesday, August 8th. It is called Destination NBA, A G League Odyssey. It's really good. We immersed ourselves into the G League season. We followed Scoot Henderson, Gabe York, Ryan Terrell, Mason Jones, and Denzel Valentine. And the big question was, what is this world like? What's it like to be in the G League? And I am really proud of where we landed with it. And we even have, much later in this podcast, Gabe York is gonna come on. He's one of the five that we followed, and he's gonna tell us what it's like as you're holding on to your dream in your late 20s. We try not to spoil the doc too much with Gabe, but I really liked him. He's probably the guy that jumps out of the doc in the most sympathetic way. So look forward for you to watch it. It is prime video, Tuesday, August 8th, Destination NBA. A G League Odyssey. You love basketball, just watch it, it's good. So there you go. This is gonna be part one of a two -part podcast. Gabe is coming up later. My daughter Zoe Simmons is coming up later because we did a whole bunch of OC stuff on the Prestige TV podcast. I was even on two of the episodes. But I ended up watching season one of the OC. And my daughter was watching with us and loved the show. And she was born a year and a half after it premiered. So me and her broke down season one from the perspective of what is it like when somebody 18 watches the OC, a show that is now two decades old. The anniversary was actually August 6th. And what she liked, what she didn't like, what people aren't doing anymore for her kind of audience. And we just dove into it. So that is much later. First, coming out of the gate, I'm gonna open a six -pack because we have a lot to discuss over the past three weeks, all the stuff I missed. So that's gonna be part one. And then part two, which is gonna go up later on Sunday night, me and Rossello doing this evergreen idea that we've always wanted to do. And this seemed like the perfect time because nothing's happening in basketball. So that's gonna be part two later tonight. Part one coming up. First, our friends from ProJax. What's up? All right, I'm taping this. It is Sunday afternoon Pacific time. And I'm gonna open a six -pack. There's a bunch of stories in sports and culture that happened over the last three weeks. I was just writing stuff down, things that would have been fun for podcast segments. I was just like, man, I wish I could have given my thoughts on that. Just gonna rip through them. So I have six and then maybe a couple bonus ones at the end. The first one, the biggest one, was the US women's soccer team, which lost today in penalty kicks to Sweden, scored zero goals in the last two games, scored one goal in the last three games, and that was off a corner kick. You could feel from the beginning that something was off with this team. It was all the ways. You knew in a checklist of what are the red flags? There were just red flags galore. And the only person who was really calling it out in time over and over again was Carli Lloyd, who was doing the Fox studio show. And she was the one person in the horror movie who knows the house is haunted. And everyone's like, shut up. You're not being patriotic. You just wish you were still on the team. She was right. She was right from the get -go. This team, you could see it before the Vietnam game when it was like, look at the new Nike suits. Look at these new suits. And they're all like styling as they head into the locker room. And they're running commercials. And every player has a commercial. There's players who've never done anything of that commercials. And the vibe was just off. They only beat Vietnam three -nothing in a bracket where goal differential was gonna be super -duper important. And that was a huge red flag. And we did the usual thing that we've been doing since 2019, 2015 of, oh, well, they almost scored a bunch of times. Oh, well, if that had gone in or some bad luck. There was just an arrogance to this team. Like they were carrying themselves like the defending champs, the same way like the Denver Nuggets would go into next NBA season. Like we're the champs. I was like, yeah, you are the champs because the season just happened. The World Cup happened four years ago. Everyone's four years older or wasn't on the team. And you could see they wanted to build the team instead of around the identity of, here are these new up and coming awesome stars that are gonna be in your life. They were really latching on to Alex Morgan and Megan Rapinoe. Alex Morgan's 34, Megan Rapinoe's 37. I think one of the differences between the discourse with women's sports and men's sports is that in men's sports, we grasp for angles. And if somebody is disappointing in some way, we really go nuts. Like think of how James Harden's been treated over the last 12 years. So he's one of the 35 best players ever and has taken just an incredible amount of shit. Oh my God, the playoffs, look at his game log. Oh, he choked again. Alex Morgan, who scored twice in her first two games in the World Cup in 2011, she scored once in 2015 in seven games. She scored six times in 2019, five against Thailand in a game that was 13 to nothing, one in the other six, and then scored nothing in the four games this time around. If you take away that Thailand game, she has scored two goals in the last 17 World Cup games. This is the striker. This is the one who's supposed to be the most dangerous player in the field, who's supposed to produce goals. And she hasn't produced goals since the mid 2010s on the national level. And yet it's Alex Morgan. She was supposed to be the next one. We got to keep propping her up and pretending she's a superstar. She's not a superstar. She's really honestly never been a superstar. She certainly hasn't been as impactful as somebody like Abby Wambach was. So you have the team built around her. She's got to play. They play her the entire game, game two, the entire game, game three. She plays like 95 minutes in this game today, and they don't score goals. And the announcers just won't talk about it. It's like being on an AYSO team that your kid's on, and the coach is playing somebody at striker, and everyone's like, why don't they play Sally at striker instead of the coach's daughter? It's like, oh, you know, the coach's daughter. She's got to play there. So you have that, and then you have Rapinoe, who's 37 years old, who's just, unfortunately, great career, legendary, true legend, huge big time player. And when you hit your late 30s in soccer, it's a wrap. She looked like Yudana Rapinoe, not big Rapinoe, and comes out for the last 25 minutes of this game and can't do anything, and then misses the penalty kick. That's the thing. If you're beholden to past performance, you can't expect to succeed in the moment. And I did feel like, what were this team's strengths? Speed. They had Sophia Smith, who really was bad the last three games on the left wing. Like, she just, she couldn't even connect passes. Trinity Rodman, who's a beast. Lynn Williams, who's super fast and athletic and had some really nice moments the last two games. And then Alyssa Thompson, who's the prodigy, who's the, you know, potential tiger or LeBron of this team. 18 years old, best high school player I've ever had. They won't even throw her out there. But this was not a team that could connect passes. They weren't, like, especially creative. The coaching was just bizarre, and we'll never see that guy again. But it was like, the one thing they did have was speed, especially the forwards, and they just threw that away. And Alex, you know, couldn't do anything. So now they're out. It's the most disappointing finish of the last 25 years for the women's team. And it reminds me in a lot of ways that 2004 Olympic basketball team that we had, the USA team. And I tweeted this, I think after the second game, because that was a team that was between eras, like this one was, where all the best players on that 2014, the ones in their primes, weren't that good, except for Duncan. And Duncan was completely banged up. He'd played so many NBA games the last couple of years. I think his knee was hurt. But, you know, it was Iverson and Marbury. The talent, it just was a between eras. And you had guys on the bench, like LeBron and Carmelo and Wade, who were four years away. Kobe wasn't on the team. And it just felt generationally, like we caught that team in the wrong time. The style was wrong. And we learned all these lessons and we moved on. 2008, we win. There's a documentary about it. But this team felt like it was between eras. The Alex Morgan, Rapinoe era, which was basically done. And then you have this era coming up with Rodman and Sophia Smith and Alyssa. And, you know, it's just four years from now, we'll probably be fine. But they need to re -imagine this. And I think if you're gonna learn any lesson from this, it doesn't matter what happened four years ago. It's the World Cup. It matters what's happening now. So that's one thing. Second thing. So Jaylen Brown gets this huge contract, $304 million. Some people seem surprised that it was that much money. Chris Ryan even took a shot at it when we did our library watchables. Hurt my feelings a tiny bit. Mainly because I didn't really have a comeback. Rosella did something on his podcast about how this actually makes sense. This amount of money, when you think of how the salary cap has climbed just since 2015, and it's gonna keep climbing. And there's this world you can go into where you think about just how much everything is gonna cost in the NBA four or five years from now, that Jaylen Brown at $70 million isn't actually gonna be that intimidating. The same way we feel about Tobias Harris for $40 million now, or Klay Thompson, $40 million now. Yeah, you don't really wanna pay $40 million for Klay Thompson, but you can survive it. And I think that's gonna be where the Celtics land with Jaylen. Here's why they had to do it. They're the favorites on FanDuel right now. They're plus 470. The thing that made them the most special and has made them the most special for the last five, six years is the Jaylen Brown -Jason Tatum combo. They've been incredibly successful. The team itself has made five conference finals in the last seven years. They came super close to making the finals last year. I have now gone into the what if zone with that Celtics team where what if Tatum doesn't hurt his ankle on the first play? Do we beat Miami? They were close is the point. And when you're that close, you can't fuck around. This is not Bradley Beal resigning with Washington for 50 million a year when everybody knows you can't get past the eight seed with Bradley Beal. This is different. You're trying to win a title. You're trying to keep all your optionality open. The thing that's a little scary about it, nobody seems to totally know if he wants to be in Boston. This is something we've discussed on this pod. It's been floating out there. The fact that he wasn't happy about landing in the Kevin Durant trade rumors a couple years ago. And just in general, where the league is now, where as Woj called it, the transfer portal, where people get their contract first and then they decide what they want to do. And I think for the Celtics, they know they bought themselves a year with Jalen and they are still one of the favorites to win the title. And a lot of it's going to depend on health and Porzingis. You could also, I don't want to make the case, but you might be able to make the case that Brown had a fucked up hand last year. Cause he did. Cause he sliced his hand open. It was bleeding even during the Philly series. And maybe that was why his ball handling went sideways. Listen, you got to do the contract. It just breaks your brain. I remember a million years ago, Sports Illustrated and Inside Sports say every year they would have like a salary issue. And they would talk about these guys are making $1 million a year. And it seemed like so much money. And now where we're heading with the money, plus the NBA is the meteorites deal. The moment any of these guys becomes unhappy, what do you do? Because you're paying Jalen, let's say you're paying him 55 million a year. Plus he is the trade kicker, which the team has to pay. Right? So if he decides after a year, you know what? I'm tired of being the scapegoat. Everybody loves Jason. I'm like the middle brother of this team. I want my own team. I want to go to Houston or Atlanta. You got to trade me. What are the Celtics going to do? On top of who would want out, you don't have a lot of options and you turn into what the situation Portland's in with Deem. And then on top of it, it's so much money. It's impossible to get any sort of a fair trade for the guy. So they had to do it. And optionality the that comes out of it is frightening. I remember in the early 2000s, when the first time the contracts kind of went nuts and you would see that people get signing like six -year, $100 million deals, seven -year, $110 million deals. And the Celtics really, really stupidly traded for Vin Baker. One of the worst trades of the last 30 years for Boston Sports. A trade so bad, you knew it instantaneously. And I wrote a piece that you can probably find somewhere in the ESPN archives about it, where I compared it to the end of Thelma Louise when Harvey Keitel is running toward the cliff trying to stop the car from going off the cliff. That's how I thought about the Vin Baker trade when it happened. Then it happens and you just had this salary albatross. It's a salary cap league. And you're like, wow, we just threw away 20 % of our salary cap on this trade. There's going to be a couple of those that are just franchise killers. And whether that leads to them bringing back the amnesty clause, who knows? I wish, I've made this, I've had this idea before. I wish that they had a rule in there that if you drafted a guy, every year that he stays in the team, you get rewarded in some way from a salary cap luxury tax type thing, right? So Jaylen was 2016 draft, this would be his eighth year. Maybe like after the seventh year, because that's usually like the third contract. The guy stays in the team, maybe each year after that, he doesn't count for 2 % of the luxury tax, up to like 30%, something like that. The point is the Warriors should be rewarded for keeping Draymond and Klay and Curry from a tax standpoint, that they were that smart to draft those guys, keep those guys together. They should be incentivized, the players, to want to stay with them because there's some luxury tax stuff that the team gets. And the team should want to be incentivized to take care of those guys because it's also beneficial to them. I just wish they figured out some version of that rule. Anyway, Jaylen was always signing for $304 million. Talk to me in a year, I'll keep my fingers crossed. Next thing, I missed the running back pity party. This was crazy. The running backs all got together and they were really upset about how much money they made. And I don't know what to tell you. There's too many running backs and not enough running back spots. And I don't know if you're trying to build a responsible salary cap team in a collectively bargained era, why would you spend $30 million over two years on a running back unless the running back was awesome? Nobody even wants to spend more than $11 million on running back. So I knew that this was crazy when Damien Harris, who was on the Patriots, who I thought was really good. He's maybe not an elite running back, but a good running back, right? Somebody that if he had been on the Chiefs, he easily could have started for the Chiefs. And he signed with the Bills for like one year, 2 million. And when that happened, combined with Pacheco on the Chiefs' seventh round pick, they won the Super Bowl with him. It's just, this position's devalued. I work on this player, I've been actually working on it the last couple of weeks where I try to rank the players for blue chippers, red chippers, pink chippers, honorable mention, and have this whole point system. And so quarterbacks, Mahomes, who's the alpha of that position, he's worth 10 points. And you could even see this in the point spread. If Mahomes gets hurt, the Chiefs are 10 points, nine points, whatever, less than what they would be as a favorite. They'd switch to an underdog. And you go on down the line. Jalen Hurts, I had him as an eight. I had Joe Burrow as a nine. And you go on, you keep going down, and it's like, Geno Smith's probably a two. But then you look at some of the other positions and you have to value them the same way the salary cap values them and teams value them. Guards, they aren't worth that much. Running backs, sorry, they're not worth that much. My top running back was three points because ultimately running backs don't really matter that much. In the last like five, six years, I would say Derrick Henry was the only running back that you could definitively say, this guy almost won the Super Bowl. Like he was that good. Other than that, you know, it's plug and play, quarterbacks, it's receivers. It's much harder to find the number one receiver. Every team needs one. It's much more tangible if you don't have the number one receiver. And it's much easier to just kind of scrap together the running back position. And yet people went nuts about this. We ironically had this in the NBA with centers. You know, Vucevic, who's a really good offensive player, he signed for 60 million for three years, 20 million a year. And Jaylen Brown's going to make $52 million a year. Is Jaylen Brown two and a half times better than Vucevic? No, it's just, he plays a way more important position. You can only play one center at a time. You can patch together the center position. You could have like Isaiah Hartenstein for $8 million. You could, you know, get Robert Williams for 16. You don't need to spend what Phoenix did on Eaton where they're paying $8 and $30 million a year at center. And you don't really need to do that. You kind of feel obligated if you don't want to lose the asset. But I think the NBA is going to go this way eventually where unless it is Jokic or Embiid, the center or Bam Adebayo, it's a bonus. You could argue that was already an overpay. They gave him a huge extension. The Lakers just gave Anthony Davis $60 million a year as an extension. I would argue that's a little frightening. I feel like you could patch together the center position. What really matters in basketball is having the creator. And this was the argument five years ago with Luka versus Eaton for the number one pick. And I made this argument. It was like, go look at who wins the NBA title every year. It's always the people who have the creator. There's somebody who's on the perimeter of the ball in their hands. Even Jokic, who wins the title this year, he was a creator. He's not a typical center, right? He's basically their point guard on offense who could post up. So this happened in the NBA. Nobody went nuts. And this is happening in football. And is this where football is. If you want to make the most amount of money playing in the NFL, I don't know why you would be a running back. I would be a cornerback. I would be a wide receiver. I'd be an edge rusher. But if you're a running back, you know your shelf life's probably like five, six years. You know the money is not totally gonna be there. Now they're in this, like you have people like JK Dobbins, like, I might hold out. It's like, really? You didn't barely even play in the field. Barkley said he was gonna hold out. And then, you know, probably looked at it. And the money for Barkley is like 10, 11 million. That's unfortunately the market. So you can't fix this. They collectively bargained it. And until we get to the next CBA, I don't know how you fix it. I thought it was really weird. It felt like people had nothing to talk about. And it was like, ah, let's feel bad for running backs. All right, let's take a break. And then I'm gonna finish the rest of the six pack. All right, picking up on the six pack. We're gonna talk a little more football. I talked about the running back pity party. This is a different kind of party. The Jets optimism, which has just been stunning to me over the course of July. I have Jets fans in my life. These are people that usually have no hope and are very reminiscent of the pre -2004 Red Sox fans, just assuming the worst at all times. Why does God hate us? All that stuff. And now they have this crazy optimism based on the fact that they brought in Aaron Rodgers, who I did not think was very good last year, just throwing that out there. I wouldn't say he was bad, but for Rodgers, he was bad. I mean, we thought Rodgers was, he was the reigning MVP and we thought he was still one of the five or six most impactful players in the league. And I don't wanna read stats to you for the next six minutes, but deep balls, he was bad. Turnovers, he was bad. Leadership, he was bad. And the case for Rodgers coming back would be, well, he's gonna be rejuvenated. The Jets, New York City. This is his team. He got away from Green Bay. He's got Hackett back. I get it, but he's also at an age where we've really only seen Tom Brady succeed at a high, high level at the age that Rodgers is at. I was trying to figure it out. I have my QB ratings and I had, you know, the top tier is Mahomes and Burrow and Allen and Herbert and Hertz. Those have to be the top five. Then it drops off and it's Lamar Jackson and Lawrence. And then Rodgers, probably a hair underneath him with a chance to play himself up with those guys. But from what we saw last year, I'm not ready to put him there. So he's the 10th best quarterback in the league, probably. 10th or ninth best quarterback in the league, probably. Well, they have no offensive line. And I don't understand why people keep glossing over this where it's like, hey, Rodgers and Garrett Wilson, he's one of the best receivers in the league and Breece Hall's going to come back and the defense is really good. And it's like, yeah, the offensive line is terrible. Beckton and Dwayne Brown, sure tackles again. And then you have Robert Salah as the coach, who I cannot say I thought that Jets were crisply coached last year. Whatever he was doing with Zach Wilson was insane. No idea if that guy's even a decent coach. So I'm already worried about your offensive line, the age of your quarterback, and the competency of your coach. And that's before we get into the hard knocks curse, because for some reason they're doing hard knocks, the incredible Super Bowl hype already. And then we have the schedule, which is the AFC East has just got screwed by the schedules this year. The Jets, just for quarterbacks in 17 games, they got to play Josh Allen twice, they got to play Mahomes, Herbert, Hertz, Dak Prescott, and Deshaun Watson. And then they also have to play Miami twice. We'll see what we get out of two this year. And then a really good Pats defense. And then Denver, who knows, they might be rejuvenated. So Danny Dimes, they have to play him. It is a brutal schedule, so you have that. And then on top of everything else, you're the Jets. I was there with the Red Sox before 2004, and this is probably just as bad, where you just think the worst possible things can happen is all the time. You're not allowed to have optimism when you're Jets fans. You can be cautiously optimistic. There was an entire Curb Your Enthusiasm episode once, season 10, episode seven, about being a Jets fan. And it was called, I think, the ugly section. Nick Kroll was the maitre d'. And part of the episode was about, he would put these people in different sections of the restaurant, depending on how attractive they were. But there was this other plot, Larry's buddy who loved the Jets, kills himself. And Larry becomes convinced it was because of the Jets, that the Jets killed his friend. This was only a couple of years ago. So now they get Aaron Rodgers, and everything's good. And they're gonna win the Super Bowl. I don't see it, guys. I don't wanna step on my football stuff too much, but I'd be shocked. And Lombardi points out the defense that everybody's ready to compare to the 85 Bears. Lombardi said they had two turnovers over the last eight games last season. So that means something too. I am dubious, to say the least. If you're gonna tell me a tortured franchise actually turns it around this year, I want a tortured franchise that doesn't have expectations. Because the Lions are another one. Everybody's ready to put them in the Super Bowl or close. And the only case for them is just pretty explosive offense. They couldn't stop anybody last year. And the NFC is terrible. But that's another one where is that a fan base that should be super excited and have a ton of hype? The one that's kind of lurking that fits in this group is the Browns. Because the Browns are actually super talented. They're in a winnable division. Burroughs already hurt. And I think they're four to one to win the AFC North on FanDuel, something like that. Their over -under is, I think it climbed up.
Markets Daily Crypto Roundup
A highlight from Featured Story | Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash
"This episode of Market Staley is sponsored by Kraken. It's Sunday, August 6th, 2023, and this is Market Staley from Coindesk. George Kalouda is here again with your weekend story. On today's show, we're going to do something a little bit different. And just a reminder before we get into the article, Coindesk is a news source and does not provide financial advice. Today's weekend story features an opinion piece that I wrote, and since I am so immensely humble instead of reading it myself, we're going to try something kind of strange and kind of new. We're going to have a Wondercraft AI voice reading. Let us know what you think. The piece Wondercraft is going to read is titled, Tether is going on a Bitcoin buying spree, but it should be holding cash. I'll see you on the other side. One of the most absurd things in crypto right now is Tether's quarterly profits. The company, known as much for its controversies as its market -leading stablecoin USDT, has about 60 employees and quarterly profits above $1 billion. At least that's what the company is attesting to in its latest exercise in rebuilding trust. Honestly, on its face, I can't believe it at all. Yet despite the company's history of stating occasional half truths and outright lies, there's no real reason to disbelieve this figure, but it just seems crazy. On Monday, Tether released a new quarterly attestation that had some interesting metrics. First, Tether holds a lot of US treasuries and a lot less private debt. Of note, it holds $55 .8 billion of US treasury bills, boring old government bonds with less than 90 day maturities, $8 .9 billion of overnight reverse repurchase agreements, loans financial institutions make to fulfill lending requirements, and $8 .1 billion of money market funds, effectively cash. If Tether was a country, its US treasury bill hoard alone would put it as the 24th largest foreign holder of treasury securities in the world, nestled just between Mexico and Thailand. That in and of itself is pretty remarkable.
KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
"thailand" Discussed on KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
"Hello friends, 13th meeting of India Thailand JTC on uptill 20 2023, the 13th meeting of India Thailand Joint Trade Committee took place in New Delhi, this was the first physical meeting of the JTC after it was 2015-2020 following a 17 year guide, Thailand is an important trading partner of India in ASEAN with a total trade of USD 16.89 billion in 2022-23, accounting for 13.6% of India's total trade with ASEAN, India's gems and jewellery, mechanical machinery, auto and auto components and agricultural products, especially marine products are in high demand in Thailand. During the meeting, the chairs reviewed the status of bilateral trade and emphasised the need to identify new potential products and priority sectors to expand the bilateral trade. The two sides also discussed various market access issues and technical barriers faced by their exporters and agreed to resolve them through regular and sustained bilateral discussions. India raised the restrictions faced in its export of marine poultry and meat products, both sides identified a range of potential commodities and sectors for strengthened partnership such as value-added marine products, smartphones, electric vehicles, food processing and pharmaceuticals. Additionally, the airwatch consensus that there is a significant scope for collaboration in the service sector and agreed to explore establishing mutual recognition or cooperation arrangements in nursing, accounting, audio, visual and medical tourism. The meeting also reviewed the ongoing efforts to connect unified payment interface of India with prompt pay service of Thailand and the settlement of trade transactions in local currency.
WBBM Newsradio
"thailand" Discussed on WBBM Newsradio
"A theatre in and Thailand some are has even dressing owners certainly them up are. like characters from Linda Disney's Canyon CBS The Little Mermaid. News. I don't know if the pets are enjoying it News traffic and weather station Newsradio 1059 and WBBM Newsradio Good morning and thanks so much for It's joining us. 805 I'm Rachel Pearson. Sunday Right now it's June 57 11th degrees in Top Chicago local story under on Newsradio mostly WBBM cloudy skies. is that Our high weather this as afternoon it's is just probably 61 not the degrees best day and to plan that our pool top party. We're seeing a big temperature swing today plus some scattered rain showers. Let's check in with AccuWeather meteorologist much Brian above 60 Thompson today. for an update. Our average high is near Quite the 80 difference certainly Rachel running from yesterday. about 20 We got to 86 degrees below degrees that yesterday. and We'll struggle we to do get have the rain to contend with as well. It's not a particularly heavy rain, but it's a pretty steady rain across much of the area right now and it's going to stay that way should probably through start around to midday improve later into this the afternoon. early part of At least the the afternoon. rain will wind down, After but we get past it is about going to two remain windy or three o and 'clock cool that's what through things the should afternoon even BPM. chilly with Dozens of high temperatures migrants again currently struggling living in Chicago to get much will above relocate 60. from Brian's one Hopstead side of News the Radio city to 105 the other today. Families living at the Westridge YMCA on the north
Monocle 24: The Foreign Desk
"thailand" Discussed on Monocle 24: The Foreign Desk
"Seats in Thailand's House of Representatives. Ladies and gentlemen. The arithmetically adept listener will have calculated that impressive though this is, it does not earn move forward a majority in their own right. That being the case, the sketch appears to be that move forward will govern in coalition with the second most popular party. These centrist liberals of putai and force smaller parties. The leader of move forward a pizza limp giron rat, a 42 year old businessman, has staked a claim on the prime minister's position. We have enough NPCs to push for any law with bonds that we want to, and then the government will be just the coalition in the sense that what we had promised that it will be without the military backed parties. And it will be an MOU based like the western democracy where it's transparent, or it's concise, where it's expectation management of what can be done or what can happen. What is not certain is the enthusiasm for this proposition of the Thai military or their commander in chief, Thailand's king. In fairness to the apparently outgoing prime minister general prayut Chan ocha, he has responded to his party's loss in punctiliously correct fashion. Thanking voters for turning out in record numbers, congratulating allies and rivals alike on their results, urging general goodwill and so forth. The deputy leader of his united Thai nation party, thunder corn or Wang bun Kong chana, promised to offer the new government due respect from the opposition benches, but said he would not back Peter Lim Jaron rat for prime minister as he doesn't agree with him about much. Again, perfectly fair enough. However, there remains the possibility that the Senate appointed by the military may not be such good sports when the new parliament meets to elect a prime minister in July also. A key sticking point is move forwards campaign pledged to amend article one one two, the infamous lay's majesty clause of Thailand's criminal code, which threatens severe punishments for the mildest disparagement, real or imagined of the monarchy. Article one one two is not one of those quaint arcane practically theoretical clauses that loiters in the statutes because nobody has bothered to abolish it, like it being legal to shoot Welshman with a crossbow from the specific castles battlements every pancake day or whatever. Article one one two is very much for real and has been deployed with increasing abandon in recent times. Dozens of people are in custody awaiting trial on such charges right now, including 15 year old protester funnel up for lunch. This would be obviously ridiculous even if the king was a Paragon of decorum duty and patriotic selflessness, but the current occupant of the Thai throne, the giro long corn, or rom of the tenth, is few if any of these things. He spends most of his time in Germany with an entourage and or harem numbering in the dozens, maintains a hefty fleet of expensive cars, tends a flock of some 30 poodles and even pointing any of that out, has very possibly made Thailand an unsafe place for this broadcaster to visit. Nevertheless, the king has allies as monarchs usually do. In the event of deadlock or upheaval, Thailand's military may decide yet again that it would be easier all round if they took charge. Thailand courts have a keen nose for the technicality which permits them to simply abolish troublesome political parties. 9 in the last 17 years, including previous incarnations of both move forward and putai. Putai, however, has said it would not fiddle with article one one two, a pre election position which put ties founder exiled former prime minister taksin Shinawatra might have hoped would make his party seem more palatable to the soldiers which overthrew both him and his sister, exiled former prime minister Yingluck Shinawatra. Putai is presently led by peton tan Shinawatra, daughter of taksin, nice of Yingluck. Thailand's people have spoken, it remains to be seen who was listening. For Monica radio, I'm Andrew Muller.
Monocle 24: The Foreign Desk
"thailand" Discussed on Monocle 24: The Foreign Desk
"Ideally, the days and weeks following any election will follow a pretty straightforward course. Once everybody recovers from their election night celebrations or commiserations, whoever won and or can assemble a majority in the pertinent chamber, we'll get to have a crack at running whichever jurisdiction they have victoriously campaigned in. Thailand's general election this past weekend returned an apparently decisive result, but the resultant decision is that Thailand's people are heartily tired of the military types who have been running the place since the incumbent prime minister general prayut Chan ocha, former commander in chief of the royal Thai army, seized power in a coup d'etat in 2014. Not only was this very much not Thailand's first coup, it wasn't even prior first coup. He was heavily involved in a similar stunt in 2006. But this time, the coup is absolute. The coup is not delegating authority to the lot of technocrats, like we've seen in the past. The difficulty the winners of Thailand's election now face is that these military types still get a big say in who governs next. It is not just the 500 elected members of the new House of Representatives who will vote on a new prime minister. So will the 250 members of the Senate who were appointed by the same military types who have just been given their marching orders by
KLBJ 590AM
"thailand" Discussed on KLBJ 590AM
"Thailand don show if you're battling foot pain, knee pain, even low back pain. Get out to the good feed store. Hi. Good morning at smart Caesar. I know you've tried a lot of things you buy different shoes. You buy inserts at the pharmacy they don't work. The real answer is the good feed store and they're remarkably effective Arch supports you Go out there. They're excellent team personally fits you with a set of these arch supports. Then you take a free test. Walk there in the good feed store thousands of people. Have been able to find the pain relief and comfort they've been seeking right there at the good feed store, and I want you to go see him as soon as you can. They're located at Lake Line Mall Drive between Target and subway. It takes about 15 minutes to get personally fitted and take that free test walk. They've been helping Austin walk better for eight years at the good feed store, and I know they can do a great job for you. This is the comfort energy performance. And pain relief You've been seeking find it today at the good Feed store Jason Dick here morning comes in all shapes and sizes. One thing is certain. Every day is an opportunity for women just like scratches from the Virginia lottery every day grab and go everyday gift everyday fun. It's where anticipation meets instinct gratification, and they're satisfying to scratch, no matter the outcome. Like the New Virginia Lottery scratcher $70 million Explosion scratcher loaded with prices from 100 to $600. Now that's an everyday win drive to a lottery retailer today to check out scratchers odds of winning any prize 19.13. Over the past year. I've helped thousands turn their lives around. And today I'm going to tell you the one simple trick that will change everything. All you have to do is and now a message from our sponsor with progressive. You can bundle your boat, RV or.
We Travel There with Lee Huffman
"thailand" Discussed on We Travel There with Lee Huffman
"Night, right? Great segue for me. So, Simon a Brett who's been in Bangkok for a while. Has a company called speak. It's one of the top rated tours on TripAdvisor and Page. This is actually a great safe way to get the experience without having any of the concerns about getting ripped off, etc. Etc. But he does offer nightly tours on wage Took drives you around to some of the cool and interesting sites at night and also takes you for some great food as well. I've personally done the door. It's fun and easy way. I get an introduction to the city, perfect. Yeah. I mean I think that's great because instead of trying to figure out where to go the tour is already done for you, right? And I'm sure it's pretty affordable as well, and seems like a great way to explore our city. And so let's talk about some of the things that maybe we do on the tour or just we should check out while we're in the city. Anyways, you kind of alluded to it a little bit earlier was like some of the historical sites and everything in the, in the old C. But what are some of those things that we should check out? Yeah, I kind of see that Bangkok is like an onion. So, you know, I hear from a lot of people like Bangkok. I don't know. Not that interesting. I want to go to Phuket searching. My it's too busy. It's too this too. That I really think Bangkok offers so much. It's like an onion, so many different layers to the city and so much to explore home. You know, some of the, this is pretty obvious, the place you go to see is the Grand Palace or the emerald Jade Temple. This is the most awfully site in the country. It's the most important Buddhist temple in the country, and it's absolutely stunning and beautiful. My tip here by your ticket online and you have to cover your shoulders and wear long pants, but go there for a couple of hours and just take it all in. It's a fabulous place to visit and just a second, tallest, building in Bangkok and the building with the highest Skydeck in the city Mahon Nakhon, just finished a couple of years ago. I just went up there a couple of months ago pretty spectacular building pretty awesome, roof deck, and pretty spectacular, views of the city again. Buy your ticket. Online before hiking over there, I went up for Sunset obviously. That's a great time to be going. Another tip. I mentioned that Chao praya River. This is a pretty big thoroughfare. Basically that traces the west side of Bangkok and it's near The Old City. There's tons of these giant longboats that bring computers to different fairy stations along the river and something like four twenty cents. You can jump on these boats, they're not meant to be tour boats, but in reality jump on their get a window seat or. Well, there's not Windows per se, but sit by the river and ride it for 30 minutes for 20 minutes for an hour. And then City just ride back or jump off on another station. This is like a lot of fun. I one thing I want to ask is okay. Obviously like you mentioned that the city's really big with like ten to Fifteen million people. And sometimes in those bigger cities you got to worry about pickpockets or you know, these are no such things when you're on the boat or you're on the subway and those type of things. Do you really have to watch out for like, your, your belongings or wage is a pretty safe? I would say very safe. I mean, of course there are pickpockets, are there must be. I've never had a situation like that nor am I even really heard of friends or friends of friends, who have been mugged or pickpocketed, etc, etc. The one thing Aladdin. Way, I gave that example the must-see Grand Palace. This is probably the most horsted site in the city meeting. That's where some of the scam artists are. So one of the scams in this is probably across the world. Is some tie guy. Probably speaks pretty English will come up to you and go oh, Grand Palace is closed today. Let me suggest that you go here. And of course it's never closed and he's just trying to sell you something else. So be careful of those touristy scams that can take place in the more tourist areas of publicity. Sure. And like you said, if you buy your tickets online, you already know the schedule of when it's open, anyways, so you know that for sure that it's going to be open that day. Definitely one of the things that I know that people really suck when I think about about Thailand is like a movie type fight and I actually interview somebody from Chiang Mai and he said that Bangkok is a place for The Watch movie Thai fight. Yeah, the great thing about Thailand, Thursday is we tires everywhere. There's two real stadiums with in Bangkok. One is lumpini, which is really famous that used to be like really in the city a couple of years ago, they built a newer Stadium outside of the city a little bit. The other stadium that name is I can't think of that name right now but the job The two stadiums, there's basically a fight every single night, usually alternating between the two stadiums. The thing that kind of frustrates me a little bit, is in the area, surrounding the ring, the best seats. You're basically as a tourist, you're forced to sit in this area. So there's tons of cheap seats, wage in general for hunters are not allowed to sit up there. So, in other words, you're forced to sit next to the ring, which is great for the view, but you're charged give or take $50 for the seat. Where the cheap seats are, you know, probably five or ten dollars, so just be aware of that when you do go to visit, nonetheless, you gotta go see it once because it's a off some experience down again with. Like we talked about some of the other attractions do we need to buy our tickets online ahead of time or this is something you can just walk up.
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"It was an all pizza episode. And i reached out to my favorite local pizzeria to sponsor the episode. My first ever sponsor they agreed. And if you see my show. I don't have. A lot of us have a lot of stops subscribers on youtube. I do for fun to learn. Reach out to people and have a good conversation like we're having right now right right right right so we know they ask what i was offering and what i want in return. I was like anything if anything. You're my favorite pizzeria. I could put your name on my show. That's it for me man. that's all. My favorite pizzeria is my favorite. My my ever sponsor let's it just that right there that's best yet so fun dude and if anything just on my whole thing was hopefully they because of it they get a few more customers because every restaurant certain these days you know small and whatnot so if anything it helps them out. I didn't want anything. I just got the slap dough boys on the you know the mail and i was going to go man. That was totally saying that. Yeah it's experience. Yeah yeah I mean you up there. You're up first of. I don't really like you know huge crowd which i'm always there when whenever i like mc is huge. I don't really like it but it's there because they disappointed like well. He's going to be huge crowd but For me right like i'll. I'm glad to go into a podcast. Where this podcast. Because i i like it so that you build up from scratch and not just like you know. There's a lot of paid right like if you look at Joe rogan doing for ten years. What right he gets. Where years right now so I i saw already. I mean what do you to listen to a couple of episodes and i noticed that you kept going man..
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"Be like. Oh a holiday. Oh it's a holiday and you're like i can't get shit done. Yeah yeah a lot of my friends are like that. But then they're they They made a plan right. You can do that too right so they say like we. We only give thirteen public holidays per year. That's a lot of radio right but at the end of the year you guys can have a day off like from christmas. And they'll close until the next year right so most of the foreign company a lot of my friends As well they went with this ruled is that instead of having a holiday every single month. More like let's get shipped done within all just like the mothership done. We have a milestone to do and you know what at the end of the year. Take the whole two weeks off any day. Money rules the world. Yeah bulls everything. Yeah exactly but have you ever in your time there..
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"You can see. It's only been like three or four days right but i- holidays are different than than you guys. Holiday like the western holidays actually even the uk so in thailand holiday. If a holidays public holidays right falls on a weekend. Then it would. They would make an extra day right so thirteen and fourteen is saturday and sunday right and then you go back to sixteen right. So that's two extra day so they would book off seventeen eighteen to okay. Yeah and then because no one comes back to work for one day. It just like fuck right right. That's true that is true. That's what that's what i love about. People like you know what fuck it's he might be drunk anyways and hung over to stay home. Yeah exactly if they feel it. I've noticed in looking into other countries and again it's a lot of asian countries whereas like you said compared to west and we have a holiday. It's one day you might kinda sorta celebrate but if you google it like christmas one day you might do it like a.
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"He loved it really. You're not my child own new right now but thankfully not not as bad as you but he got food poisoning from it. Oh oh man. He was this kid he was by the guy it was because i knew he wasn't like in serious trouble. I was laughing. It was kind of funny but yeah so his boogers oysters. Boogers seen my phone. That when yeah when i say about show always use kind of like oh shit have a bad experience but i think we're both like the similarity is is there. You know But i'm. I'm not a big fan of seafood. As well me and my brother came to visit us years ago we went to the ocean. And everybody right. The thai friend has well look. I think they would say oh. Let's get some seafood. He's got to have fresh seafood. I'm cool. i'll just have my regular food like. Is that mcdonald's over here right. I just don't want to be safe right. You don't want me to be sick. I imagine that you eating right. You're by yourself and then you pass out. Yeah we've got three days later. That's yes that's terrifying. You break your like years today. What i thought it was just one day. I thought i'd pass out for an hour or so right but but you were out for three whole day. Three whole days woke up in hospital. That's insane like my my stomach felt like it was just crunched up It felt like really really heavy. And i my my whole body. I couldn't move to soar right. And then you know like dr came in like oh thank god. You're you know thought you it's going to be longer and we're gonna perform what's called a like a tube into anal intestine and just everything out right and i'm like. Oh i'm glad i woke up before something else would be sore after that. Can.
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"The first thing he asked like take me to where so fruit and as luck. Who is like dude having here. There's so many topical food mango he gets mangoes. He gets This is just so much much right. Is she also looked for the whole condo here is like matches with favorite fruit. And it's just so many fruits here and but the problem is i only like certain food right but i'd like drinking it. I love dream food right. It's different it's only. Yeah it's different. I don't know why so. Yeah in in terms of prude Not really a food year. But i'm mostly foot drinker for me. Pineapple love oh my god i also could do okay so when you mentioned about selective when i mentioned about selective you said that the texture you want to know why selective eater so was that The first time i came to thailand was actually. This is the very first time. I came back so i was in grade twelve before we begin. Grade twelve During the summer my my grandfather from mom's side right came to visit us and then on the way back. We're like hey. We're going to thailand for two months of vacation right To to only one. But anyways i i came back and then i went with my uncle to up like northeastern which is the area by allows. Right okay so I just eat whatever they give me. Whatever it like and they give me this Clam picked it up from like. I guess you can say. They went pawn right this. He you shaking your head already. So i'm like what the hell is like try. It's really good so you know what to eat it. You have to suck it out like you have this show. It's so i sucked it. All right. i keep eating. I was so delicious next thing you know. I walk three days later..
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"Let's go way tie food because most of my friend who's a foreigner day just schools shift to food. I'm not even get some pancakes. He's no come on. I'm craving pancakes. Right help me out here. So i want. Is there like a thailand. Specialty version like their own unique flavor for pizza because pizza's my thing. I love pizza. All right so There's a joint not far away from Way live and guy from new york actually right. He bought he bought He was a i in my very first guy to open up a new york style. Pizza joint right. And it's like it's really big dude. It's huge right You can eat like with the whole family right now. He does it by slice anyways. He close every tuesday just to make the sauce. And i know every other joint pizza joint. Nobody likes it. No tie type person likes it but in this joint every type people goes there so i have to ask them. What's the secret man is like. The secret is a sauce so in in thailand. You have this They love one of those What do you call like sticky rice. Okay yeah and then you have a bunch of like the way they have dinners. They make a bunch of Like fishes and put the food in the center and you have your whole family sitting around and just whatever right. Yeah yeah yeah. So it's like more bomb not a single dish but shared meal for everybody. Yeah yeah and you have what's called Like the spice. Most of the dishes are spicy right. So let's say you have a fish right. You got dipped fish into the spicy sauce. Right right there's one spicy sauce that resemble the pizza sauce okay. Okay yeah as well right so it's made a tomato sauce. Basically but there's spices in there that makes it Not bitter right right. Probably eating up Spaghetti bolognaise for example. Right that's what it tastes like..
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"I will get cold and it gets below freezing. But it's mainly ice and by tommy. Yeah it's all it's nasty common ground it melts and freezes again so it's not a layer of ice everywhere. Yeah like legit snow snow. No not i did look though in nineteen fifty five or fifty four. It snowed in chiang mai did it. Are you serious. Yes yes. I gotta i gotta talk to you. Nineteen fifty four right. Yep i wanna say that was it if i can pull up. Yeah but that's crazy because you know what like every winter up in up in the mountain area right shin my the highest peak like a mountain where everybody goes and enjoy the cool right so it gets to about two there once or one actually and that's where you see does rhododendron. It's like we call it a thousand years old rose right grows when it's a when it's called enough and Yeah i've always see icicle but never seen snow. Never actually expected that that's crazy. You bought it up though. Let me Let me pull that up here. Real quick back on. Can you see this yeah. Nineteen fifty five reports of snow in ocean. Riot saying right okay. That's about three hours away from shake my. It's another province. Okay yeah far though but yeah to have been after. It'd been raining there. Hailstones create a white blanket of snow on the ground. The seems have been more folklore than fact both supporting local newspapers. So right at least at least one time in recorded thailand history. Yeah totally yeah. I'm wondering what those people were thinking at the time you know like like there's no internet like look at pictures of snow. You know around the world so man probably freaky tom. I'm sure yeah for sure. But you know most most highest right They're into more of a like a warmer climate..
Reds Ramblings
"thailand" Discussed on Reds Ramblings
"No one would ever do that but you did it so i want to repay that. Back and We embark on a journey. I mean we have ups and down. Will we disagree on But indian had display. Because he lied to me..
Sprinkled with Hope
"thailand" Discussed on Sprinkled with Hope
"Getting anything done. And it's worse as you can feel like you're working all day every day. You can feel like you're really writing but then a week two weeks three weeks later. You feel like you're just walking in circles no idea we've actually accomplished though starting at the root of self sabotage and then working to manage your attention time energy and focus after that is important and that's really cool so tell us. How did you end up in thailand. Thailand is a love of mine. I came to thailand the first time in two thousand sixteen learn. Why thai kickboxing boxing. So i did a training camp for sick. Nearly six months out here into sixteen absolutely fell in love with that. I was just backpacking at that time. So we're back to the states. Got my went back to college. Got my corporate job with the coffee company. And i had that calling. Come back to thailand. And i just just intuition i. It's really crazy when you think about it. Because i out of nowhere had the idea. I'm gonna buck a one way ticket to thailand. I don't know what's going to happen from there. And then i did it and i landed december twenty six twenty nine thousand nine hundred and then. Kobe was announced december. Twenty eighth nineteen. Yeah i thought. It'd be here to train multi but i snapped my as in my knee to after. He can't train that car right borders or closing. Wow the as it by car. Decision right now. Forms missing am i going. I'm watching what's happening. This aids and i thought nest probably not the best place to be and also advised by the consulate. Here that staying. Probably be my best interest so i decided to make thailand my home for fourteen months now. I'm living on his gorgeous island called copenhagen and it's just it's unreal magic pure magic. Yeah i've seen some of the pictures and stuff that you post and whatnot..
Sprinkled with Hope
"thailand" Discussed on Sprinkled with Hope
"Sprinkle hope podcast with your host jason. Shane and i have the opportunity to interview some really really cool people and today we come from another international place today. Were interviewing tiffany. Taylor all the way from thailand and she gives some really cool nuggets of of just some really cool things to work on so i think if you listen in and really take to heart what she has the say. You'll definitely learned something today. You absolutely will. She is a coach and she really when in our discussion. I learned some that. I will use in my life. And i know that you will do if you listen and so here. You go tiffany taylor. We'll go to this nine..
WBAP 820AM
"thailand" Discussed on WBAP 820AM
"McConnell is striking a bipartisan tone as the new Senate gets start our country deserves for both sides. Both parties To find common ground for the common good everywhere that we can And disagree respectfully. Where we're washed. But Democrats still intend to hold an impeachment trial for President Trump, even though he's left office and that is likely to increase partisan tension. On Capitol Hill, Mike Emanuel Fox NEWS, Texas Business Closing numbers on Wall Street, The Dow Down 12 points. NASDAQ Up 74 the S A P 500 Up by one again the load Tonight, 48. It is 54 degrees from the W B A B News desk. America Bushman Your Next update at 6 30 24 7 coverage. WB ap dot com. Root out systemic racism to preserve and fortify Doc to put an end to the Muslim ban, halting further funding or construction of the border. Wall. Beijing Biden Day one. Using racism is justification to make access to America easier for terrorists, keep our Southern border wide open and command the federal government to ignore US immigration law keeping tabs on the new socialist government in D. C. Because, well, nobody else is gonna tomorrow on the course I'll say those show. See it. Nine news TALKING 20 w B A P Thailand ground in your home look old called our clean for the next best thing to do with this pandemic. A lot of people have skipped routine screenings for heart disease and cancer, both of which are far more common and more dangerous. Don't be that person Call via scan this week and book a combination heart and body scan for just $595. And you could book a second heart and body scan for your spouse..